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Topic: Gambling with altcoins - page 19. (Read 16574 times)

hero member
Activity: 2702
Merit: 704
Bitcoin is GOD
August 14, 2017, 06:28:32 PM
I see many coins around. Even a year ago there were some casinos accepting litecoin and dogecoin. As bitcoin is now really expensive and slow plus some people are afraid of tomorrow's segwit thing, I thought it would be interesting enough to create a poll and see how many people still gamble with bitcoin and are there many fans of other coins. Nowadays the range is really wide, so we have what to choose from What do you think?
I like to gamble but it is becoming harder and harder to gamble my coins, bitcoin is very valuable at the moment but even if altcoins are cheaper the growth of altcoins in this year have been even greater than the growth of bitcoin so it is difficult to gamble my EHT or LTC when I think those coins are going to go up in the short term.
newbie
Activity: 17
Merit: 0
August 14, 2017, 12:49:14 PM
Have played with Dogecoins, Ethereum and Litecoin before. DOGE has a big advantage of being quicker, cheaper (1 DOGE fee = ~100 satoshi at max) to send payment with, thus cheaper to play with in addition the market does not get impacted majorly if you see a bitcoin value considering the offer/demand wall is high.
hero member
Activity: 784
Merit: 500
August 14, 2017, 12:14:05 PM
I prefer to gamble with altcoin like doge or litecoin. Both of these have low fee, as well as fast confirmation. However, if i make deposit with large amount, i still use bitcoin. Because that's what i hold.
jr. member
Activity: 56
Merit: 10
August 14, 2017, 11:00:09 AM
Nice idea, I found a site that let users bet with .00000001 dogecoin as the minimum bet so if you have 1k doges it will be enough to try different strategies, may take time to profit though because dogecoin is about 40-45 satoshis only.
Are you sure you are gambling?
Good luck in making profit out of 0.000000000016$ bets.
Send me PM when you make 1$ out of it i will send you another one  Grin

That's not gambling anymore but wasting precious time and electricity, only mentioned minimum bet doesn't mean I will bet with the minimum
Only for looking a good strategy and if found one adjustment to the bankroll and increase on the bb have to be done.
full member
Activity: 140
Merit: 100
August 14, 2017, 10:13:27 AM
I think it depends on your strategie. I try to make small but multiple amount of profits so I need a coin that doesn't lower it's price in a day. I used to use litecoin because of this but now I prefer BTC.Since the price is going up it almost doubles my small profits which gives me a huge sum of profit at the end of the day.
hero member
Activity: 700
Merit: 500
August 14, 2017, 10:03:40 AM
Most favorite coin to gambling is bitcoin
But some members choose gambling with altcoin an options
Sometimes to get profit or just for intermezzo

They are doing gambling with bitcoin because they want their deposit to be last longer compare if they are going to use bitcoin on gambling, but if we really wanted to have huge profits, then use bitcoin on betting, but only if you are going to win of course, lol. Gambling with Altcoin is a little bit confusing if you are used on bitcoin when it comes to betting, you are going to adjust yourself to familiarize it.
legendary
Activity: 1932
Merit: 2272
August 14, 2017, 09:08:40 AM
Nice idea, I found a site that let users bet with .00000001 dogecoin as the minimum bet so if you have 1k doges it will be enough to try different strategies, may take time to profit though because dogecoin is about 40-45 satoshis only.
Are you sure you are gambling?
Good luck in making profit out of 0.000000000016$ bets.
Send me PM when you make 1$ out of it i will send you another one  Grin
jr. member
Activity: 56
Merit: 10
August 14, 2017, 07:35:51 AM
Bitcoin and Eth are the best coins for gambling but due to high price of bitcoin now it's so risky so I either play with Monero or Dash.
haven't you tried using doge its lesser than btc and eth in terms of transaction fees and it will allow you to enjoy your game
because doge is small in value so you have a lots of time to maximize your stay and to create more strategy using small bankroll.

Nice idea, I found a site that let users bet with .00000001 dogecoin as the minimum bet so if you have 1k doges it will be enough to try different strategies, may take time to profit though because dogecoin is about 40-45 satoshis only.
hero member
Activity: 756
Merit: 500
August 13, 2017, 04:48:14 PM
Bitcoin and Eth are the best coins for gambling but due to high price of bitcoin now it's so risky so I either play with Monero or Dash.
haven't you tried using doge its lesser than btc and eth in terms of transaction fees and it will allow you to enjoy your game
because doge is small in value so you have a lots of time to maximize your stay and to create more strategy using small bankroll.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
August 13, 2017, 04:04:28 PM
I mostly gamble with bitcoin and still go with it of course this is the best way to gamble as all gambling sites does prefer to bitcoin. But I had to gamble sometimes with ETH though both coins are precious to me because I personally want to handle and hold them because their value are both increasing but when gambling is triggering me these two coins are my preferred.
I am also preferring gambling with bitcoins as other coins are having same level of risks still the profits we may get is comparatively very less then why should I waste by time with low value things ? I guess altcoins are good for the gambler who do not want to risk big.

Yes alt coins are good for those who want to play safe. But there are valuable coins that are comparably has a good value and it's also worth to try the risk. There will always be the feeling that you want to gamble with bitcoin and sometimes we are moody and we want to gamble only with alt coins. Depending always on the gambler.

Now I'm seeing the amount of BTCs being gambled increased again. Before the fork there were more people using AltCoins to gamble, principally Litecoin and Ethereum, now I see these coins disappeared a bit, not totally anyway. Seems gamblers were just waiting the fork happen to start gambling with their Bitcoins again. Probably because the price is increasing very well too.

Yes there's a lot of people who are using alt coins and they prefer to choose it because they are thinking that the worth of bitcoin shouldn't be gambled. But for those gamblers that has a lot of bitcoins this is a good thing for them because they can gamble all the time with a very small amount of bitcoin.
For whales it wont really be a problem at all since they would really play out on those bitcoin that they had directly without minding about altcoins since they do have lots of btc on their pocket but for those people who are on average range or even those people who have sufficient amount of bitcoin they might possible on using altcoin not on the value reasons but on its confirmation times and less fees.

Possible that there are gamblers that loves to gamble with their alt coins because of very fast confirmation such as litecoin and with the fees. Everyone wants to pay lower fees it is just depending on how satisfied we are when it comes to the gambling experience we are playing with that casino.
legendary
Activity: 1932
Merit: 2272
August 13, 2017, 02:20:31 PM
~snip~
Really, gambling with altcoin makes me feel more comfortable and not having too much pressure because the price of altcoin is cheaper than the price of bitcoin. In addition, I want to gamble for fun, so playing as long as possible and altcoin is a good choice, if we want to lose everything, we will also need a pretty long time, it is enough for me to enjoy the fun in gambling. Gambling with bitcoin is very wasteful, and I will feel very sorry when I lose
I don't understand this statement.
For example you have extra 10$ and you want to gamble with it. It doesn't matter what will you buy, dogecoin or bitcoin because at the end you will have either bitcoin or altcoin which is worth 10$.
It is like saying "I will gamble with dollars because they are cheaper than euro."
hero member
Activity: 1302
Merit: 503
August 13, 2017, 12:19:05 PM
Most favorite coin to gambling is bitcoin
But some members choose gambling with altcoin an options
Sometimes to get profit or just for intermezzo
Actually, I only use bitcoin when i gamble, because I think there is no advantage to use other altcoin for doing that, Also bitcoin is more powerful than any other cryptocurrencies so, I bet only with it.
I don't know why people choose other cryptocurrencies for betting, I think maybe because they want to invest in other altcoins, because they believe that one day there is some altcoin will replace bitcoin in the future, Like litecoin or dogecoin or maybe ETH.
People choose to gamble with altcoins because they're are not as expensive as bitcoin. currently 1 bitcoin is around $4k, alts are way cheaper. still folks can gamble with bitcoin (with small amount), maybe bet only like 1000 satoshis or even less, most dice sites accept bets lower than 1k satoshis.
- Really, gambling with altcoin makes me feel more comfortable and not having too much pressure because the price of altcoin is cheaper than the price of bitcoin. In addition, I want to gamble for fun, so playing as long as possible and altcoin is a good choice, if we want to lose everything, we will also need a pretty long time, it is enough for me to enjoy the fun in gambling. Gambling with bitcoin is very wasteful, and I will feel very sorry when I lose
jr. member
Activity: 56
Merit: 10
August 13, 2017, 11:56:14 AM
Bitcoin and Eth are the best coins for gambling but due to high price of bitcoin now it's so risky so I either play with Monero or Dash.
sr. member
Activity: 284
Merit: 250
August 13, 2017, 11:53:12 AM
I believe that bitcoin is too valuable to use it for gambling, but it is quite possible to allocate other coins for entertainment only within reasonable limits so as not to lose money.
legendary
Activity: 1400
Merit: 1009
August 13, 2017, 11:47:43 AM
Most favorite coin to gambling is bitcoin
But some members choose gambling with altcoin an options
Sometimes to get profit or just for intermezzo
Actually, I only use bitcoin when i gamble, because I think there is no advantage to use other altcoin for doing that, Also bitcoin is more powerful than any other cryptocurrencies so, I bet only with it.
I don't know why people choose other cryptocurrencies for betting, I think maybe because they want to invest in other altcoins, because they believe that one day there is some altcoin will replace bitcoin in the future, Like litecoin or dogecoin or maybe ETH.
People choose to gamble with altcoins because they're are not as expensive as bitcoin. currently 1 bitcoin is around $4k, alts are way cheaper. still folks can gamble with bitcoin (with small amount), maybe bet only like 1000 satoshis or even less, most dice sites accept bets lower than 1k satoshis.
hero member
Activity: 2996
Merit: 609
August 13, 2017, 10:57:11 AM
I mostly gamble with bitcoin and still go with it of course this is the best way to gamble as all gambling sites does prefer to bitcoin. But I had to gamble sometimes with ETH though both coins are precious to me because I personally want to handle and hold them because their value are both increasing but when gambling is triggering me these two coins are my preferred.
I am also preferring gambling with bitcoins as other coins are having same level of risks still the profits we may get is comparatively very less then why should I waste by time with low value things ? I guess altcoins are good for the gambler who do not want to risk big.

Yes alt coins are good for those who want to play safe. But there are valuable coins that are comparably has a good value and it's also worth to try the risk. There will always be the feeling that you want to gamble with bitcoin and sometimes we are moody and we want to gamble only with alt coins. Depending always on the gambler.

Now I'm seeing the amount of BTCs being gambled increased again. Before the fork there were more people using AltCoins to gamble, principally Litecoin and Ethereum, now I see these coins disappeared a bit, not totally anyway. Seems gamblers were just waiting the fork happen to start gambling with their Bitcoins again. Probably because the price is increasing very well too.

Yes there's a lot of people who are using alt coins and they prefer to choose it because they are thinking that the worth of bitcoin shouldn't be gambled. But for those gamblers that has a lot of bitcoins this is a good thing for them because they can gamble all the time with a very small amount of bitcoin.
For whales it wont really be a problem at all since they would really play out on those bitcoin that they had directly without minding about altcoins since they do have lots of btc on their pocket but for those people who are on average range or even those people who have sufficient amount of bitcoin they might possible on using altcoin not on the value reasons but on its confirmation times and less fees.

The confirmation time and fee are the second reason the main reason is the price. Did you check what today's price it reached up to $4200. Now tell me will you ready to lose your Bitcoin this time to get just fun. I think no one will be ready if they willing to lose means either they are rich people, or they are new to this Bitcoin world. And why people use altcoins to do gamble means it is easy to use and the bankroll should look high.
Yes, bitcoins price is already high but you can anytime adjust the amount of satoshis you would use on playing gambling but well its peoples choice if they would still use bitcoin because the value is going crazy high as of now and spending them just for gambling is somehow a dumb decision to make better to hold it of than wasting it on gambling site houses.
sr. member
Activity: 434
Merit: 250
August 13, 2017, 10:46:24 AM
Most favorite coin to gambling is bitcoin
But some members choose gambling with altcoin an options
Sometimes to get profit or just for intermezzo
Actually, I only use bitcoin when i gamble, because I think there is no advantage to use other altcoin for doing that, Also bitcoin is more powerful than any other cryptocurrencies so, I bet only with it.
I don't know why people choose other cryptocurrencies for betting, I think maybe because they want to invest in other altcoins, because they believe that one day there is some altcoin will replace bitcoin in the future, Like litecoin or dogecoin or maybe ETH.
legendary
Activity: 1316
Merit: 1011
August 13, 2017, 10:19:59 AM
I mostly gamble with bitcoin and still go with it of course this is the best way to gamble as all gambling sites does prefer to bitcoin. But I had to gamble sometimes with ETH though both coins are precious to me because I personally want to handle and hold them because their value are both increasing but when gambling is triggering me these two coins are my preferred.
I am also preferring gambling with bitcoins as other coins are having same level of risks still the profits we may get is comparatively very less then why should I waste by time with low value things ? I guess altcoins are good for the gambler who do not want to risk big.

Yes alt coins are good for those who want to play safe. But there are valuable coins that are comparably has a good value and it's also worth to try the risk. There will always be the feeling that you want to gamble with bitcoin and sometimes we are moody and we want to gamble only with alt coins. Depending always on the gambler.

Now I'm seeing the amount of BTCs being gambled increased again. Before the fork there were more people using AltCoins to gamble, principally Litecoin and Ethereum, now I see these coins disappeared a bit, not totally anyway. Seems gamblers were just waiting the fork happen to start gambling with their Bitcoins again. Probably because the price is increasing very well too.

Yes there's a lot of people who are using alt coins and they prefer to choose it because they are thinking that the worth of bitcoin shouldn't be gambled. But for those gamblers that has a lot of bitcoins this is a good thing for them because they can gamble all the time with a very small amount of bitcoin.
For whales it wont really be a problem at all since they would really play out on those bitcoin that they had directly without minding about altcoins since they do have lots of btc on their pocket but for those people who are on average range or even those people who have sufficient amount of bitcoin they might possible on using altcoin not on the value reasons but on its confirmation times and less fees.

The confirmation time and fee are the second reason the main reason is the price. Did you check what today's price it reached up to $4200. Now tell me will you ready to lose your Bitcoin this time to get just fun. I think no one will be ready if they willing to lose means either they are rich people, or they are new to this Bitcoin world. And why people use altcoins to do gamble means it is easy to use and the bankroll should look high.
hero member
Activity: 2996
Merit: 609
August 13, 2017, 09:21:36 AM
I mostly gamble with bitcoin and still go with it of course this is the best way to gamble as all gambling sites does prefer to bitcoin. But I had to gamble sometimes with ETH though both coins are precious to me because I personally want to handle and hold them because their value are both increasing but when gambling is triggering me these two coins are my preferred.
I am also preferring gambling with bitcoins as other coins are having same level of risks still the profits we may get is comparatively very less then why should I waste by time with low value things ? I guess altcoins are good for the gambler who do not want to risk big.

Yes alt coins are good for those who want to play safe. But there are valuable coins that are comparably has a good value and it's also worth to try the risk. There will always be the feeling that you want to gamble with bitcoin and sometimes we are moody and we want to gamble only with alt coins. Depending always on the gambler.

Now I'm seeing the amount of BTCs being gambled increased again. Before the fork there were more people using AltCoins to gamble, principally Litecoin and Ethereum, now I see these coins disappeared a bit, not totally anyway. Seems gamblers were just waiting the fork happen to start gambling with their Bitcoins again. Probably because the price is increasing very well too.

Yes there's a lot of people who are using alt coins and they prefer to choose it because they are thinking that the worth of bitcoin shouldn't be gambled. But for those gamblers that has a lot of bitcoins this is a good thing for them because they can gamble all the time with a very small amount of bitcoin.
For whales it wont really be a problem at all since they would really play out on those bitcoin that they had directly without minding about altcoins since they do have lots of btc on their pocket but for those people who are on average range or even those people who have sufficient amount of bitcoin they might possible on using altcoin not on the value reasons but on its confirmation times and less fees.
sr. member
Activity: 574
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
August 13, 2017, 08:27:47 AM
I'm not a fond or try gambling using altcoins, yet as far as I know it would be anew and exciting thing to do with.Yet as I know the price is a bit smaller than bitcoin. Although I can really say that it is good for us to have an alternative in trading and YES, an alternative in gambling. Isn't that great? Having an alternative on each aspects in cryptoworld?
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