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Topic: Gambling with altcoins - page 23. (Read 16574 times)

legendary
Activity: 2982
Merit: 1280
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August 02, 2017, 11:01:31 AM
#66
Gambling with altcoin more profitable in terms transaction costs in my opinion, because we all know cost bitcoin transactions is high today.

The question is how many time would you transfer before you play? I think the fee is neglible but the transaction speed is the one to consider.  Gambling with altcoin can enable us to have faster confirmation so we can play in a casino much faster.  Probably the convinience is one of the reason why we should use altcoin in gambling.
sr. member
Activity: 980
Merit: 250
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August 02, 2017, 10:20:16 AM
#65
Gambling with altcoin more profitable in terms transaction costs in my opinion, because we all know cost bitcoin transactions is high today.
legendary
Activity: 3122
Merit: 1140
August 02, 2017, 06:10:26 AM
#64
I think people prefer to use bitcoin instead of altcoin in gambling. It's because when they win a game in large numbers, then the money they get will also get bigger, because the price of bitcoin.
That's not exact reason, although if you use altcoin and you got a big win, you can still convert altcoin to bitcoin easily.
Maybe he mean about the bet sizes between bitcoin and altcoins. Some people do really prefer on playing bitcoin because once they profit big amounts it is already fixed unlike on playing altcoin that you would still need to convert it first before you would able to feel your profits but still this thing do really depend on gamblers preference because some do use altcoin because they do love the transfer times.
hero member
Activity: 602
Merit: 508
August 02, 2017, 12:00:13 AM
#63
I think people prefer to use bitcoin instead of altcoin in gambling. It's because when they win a game in large numbers, then the money they get will also get bigger, because the price of bitcoin.
That's not exact reason, although if you use altcoin and you got a big win, you can still convert altcoin to bitcoin easily.
hero member
Activity: 966
Merit: 552
August 01, 2017, 11:53:54 PM
#62
In crypto gambling. Since bitcoin transaction fee went up, i started switching using litecoin because litecoin fee was very low and quite quickly confirmed.
Yes for the people who play gambling is just for fun and entertainment making betting with altcoins are good choice
it will be save the fees transaction and we can play gambling with small money even with altcoins in gambling, we can search altcoins from faucets website or bounty services, we can use dogecoin, ethereum, ethereum classic and another altcoins.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
August 01, 2017, 11:43:35 PM
#61
I think people prefer to use bitcoin instead of altcoin in gambling. It's because when they win a game in large numbers, then the money they get will also get bigger, because the price of bitcoin.
hero member
Activity: 602
Merit: 508
August 01, 2017, 11:34:41 PM
#60
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 prefer to use dogecoin, because dogecoin has low fees and fast transaction. But not many gambling sites accept altcoin and if so I will use bitcoin to play gambling on those sites that have not received altcoin, since most gambling sites that accept cryptocurrency will only use bitcoin.
hero member
Activity: 1302
Merit: 540
August 01, 2017, 10:41:23 PM
#59
Bitcoin is still cheap to gamble with because most of the casino even accept 10000 satoshi bet. Talking about delay in deposits due to network confirmation, yes bitcoin is quite slow and I have even used ethereum before to make fast bets in directbet when they were alive.

I think there are many people who are also gambling with other alts but majority of gamblers still prefer bitcoin to bet with.

People don't care for confirmation time and fee more people prefer bitcoins to play gambling. Becasue it has one value and betting with bitcoins and altcoins give a different experience. If we put bitcoins that tension and excitement are different than altcoin betting. Here coin is not mattered the value of the coin is matter.

For few peoples including me likes to gamble with alts as well. Using altcoins seems fair and exciting for me. But ya as you said the excitement does grow if I do it with Bitcoins, but not always, the experience is really different.
Still very few places I am able to gamble with altcoins, so I do still prefer Bitcoin most of the time as it also saves me extra hassles.
to me i personally never play gambling with alt.
Altcoins are getting popular also now in most of the gambling sites so I think we will be gambling with alts in the future as well.
The more choices to gamble the more people will be attracted to play as in this crypto world not all people are just bitcoin lovers, altcoins are getting into the picture as well, it will be beneficial for both the gamblers and the operators as it brings more fun to gamblers and profit to operators.
more and more gambling site also creates their own token most of them gives dividends for sure after they create token they will also
open alts being use to their site and its amazing to see more gamblers to adopt alts as also the basis of their bets.
hero member
Activity: 2926
Merit: 636
August 01, 2017, 07:34:25 PM
#58
Bitcoin is still cheap to gamble with because most of the casino even accept 10000 satoshi bet. Talking about delay in deposits due to network confirmation, yes bitcoin is quite slow and I have even used ethereum before to make fast bets in directbet when they were alive.

I think there are many people who are also gambling with other alts but majority of gamblers still prefer bitcoin to bet with.

People don't care for confirmation time and fee more people prefer bitcoins to play gambling. Becasue it has one value and betting with bitcoins and altcoins give a different experience. If we put bitcoins that tension and excitement are different than altcoin betting. Here coin is not mattered the value of the coin is matter.

For few peoples including me likes to gamble with alts as well. Using altcoins seems fair and exciting for me. But ya as you said the excitement does grow if I do it with Bitcoins, but not always, the experience is really different.
Still very few places I am able to gamble with altcoins, so I do still prefer Bitcoin most of the time as it also saves me extra hassles.
to me i personally never play gambling with alt.
Altcoins are getting popular also now in most of the gambling sites so I think we will be gambling with alts in the future as well.
The more choices to gamble the more people will be attracted to play as in this crypto world not all people are just bitcoin lovers, altcoins are getting into the picture as well, it will be beneficial for both the gamblers and the operators as it brings more fun to gamblers and profit to operators.
hero member
Activity: 840
Merit: 500
August 01, 2017, 07:15:27 PM
#57
Bitcoin is still cheap to gamble with because most of the casino even accept 10000 satoshi bet. Talking about delay in deposits due to network confirmation, yes bitcoin is quite slow and I have even used ethereum before to make fast bets in directbet when they were alive.

I think there are many people who are also gambling with other alts but majority of gamblers still prefer bitcoin to bet with.

People don't care for confirmation time and fee more people prefer bitcoins to play gambling. Becasue it has one value and betting with bitcoins and altcoins give a different experience. If we put bitcoins that tension and excitement are different than altcoin betting. Here coin is not mattered the value of the coin is matter.

For few peoples including me likes to gamble with alts as well. Using altcoins seems fair and exciting for me. But ya as you said the excitement does grow if I do it with Bitcoins, but not always, the experience is really different.
Still very few places I am able to gamble with altcoins, so I do still prefer Bitcoin most of the time as it also saves me extra hassles.
to me i personally never play gambling with alt. in fact i only play with bitcoin. bitcoin is the currency and it make me confuse when i decide to play with some other currency. i think 99% people may be also playing gambling  with bitcoin and very few people may play it with altcoin.
sr. member
Activity: 1232
Merit: 250
August 01, 2017, 03:06:15 PM
#56
Bitcoin is still cheap to gamble with because most of the casino even accept 10000 satoshi bet. Talking about delay in deposits due to network confirmation, yes bitcoin is quite slow and I have even used ethereum before to make fast bets in directbet when they were alive.

I think there are many people who are also gambling with other alts but majority of gamblers still prefer bitcoin to bet with.

People don't care for confirmation time and fee more people prefer bitcoins to play gambling. Becasue it has one value and betting with bitcoins and altcoins give a different experience. If we put bitcoins that tension and excitement are different than altcoin betting. Here coin is not mattered the value of the coin is matter.

For few peoples including me likes to gamble with alts as well. Using altcoins seems fair and exciting for me. But ya as you said the excitement does grow if I do it with Bitcoins, but not always, the experience is really different.
Still very few places I am able to gamble with altcoins, so I do still prefer Bitcoin most of the time as it also saves me extra hassles.
hero member
Activity: 700
Merit: 500
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August 01, 2017, 03:04:30 PM
#55
In crypto gambling. Since bitcoin transaction fee went up, i started switching using litecoin because litecoin fee was very low and quite quickly confirmed.
Big players might not care about few dollars in fee, they will keep playing with bitcoin even if they have to pay more than 10$ for a single bitcoin deposit in fee so that they can play as soon as possible. Also most of the gambling platform instantly credit deposits if transaction have enough fee included.

I have played few dice games with ethereum before but mostly I love to play with just bitcoin.
legendary
Activity: 1428
Merit: 1000
August 01, 2017, 02:15:58 PM
#54
Bitcoin is still cheap to gamble with because most of the casino even accept 10000 satoshi bet. Talking about delay in deposits due to network confirmation, yes bitcoin is quite slow and I have even used ethereum before to make fast bets in directbet when they were alive.

I think there are many people who are also gambling with other alts but majority of gamblers still prefer bitcoin to bet with.

People don't care for confirmation time and fee more people prefer bitcoins to play gambling. Becasue it has one value and betting with bitcoins and altcoins give a different experience. If we put bitcoins that tension and excitement are different than altcoin betting. Here coin is not mattered the value of the coin is matter.
sr. member
Activity: 1190
Merit: 251
August 01, 2017, 02:01:55 PM
#53
In crypto gambling. Since bitcoin transaction fee went up, i started switching using litecoin because litecoin fee was very low and quite quickly confirmed.
legendary
Activity: 966
Merit: 1006
August 01, 2017, 02:01:12 PM
#52
Bitcoin is still cheap to gamble with because most of the casino even accept 10000 satoshi bet. Talking about delay in deposits due to network confirmation, yes bitcoin is quite slow and I have even used ethereum before to make fast bets in directbet when they were alive.

I think there are many people who are also gambling with other alts but majority of gamblers still prefer bitcoin to bet with.
sr. member
Activity: 784
Merit: 262
AZBI NETWORK - Multichain system
August 01, 2017, 01:58:31 PM
#51
I always go for bitcoin when gambling because there's not a lot of sportsbook out here that accepts or use altcoin and i'm not familiar with the concept of other coins. If bitcoin is not an option for the poll because of what will happen today my alternative option would be litecoin because I know a couple sportsbook that accepts litecoin.

Maybe for now we will still use bitcoin as gambling coin, here we can still use bitcoin in safe amounts, because in some gambling houses and sportsbook they have changed the minimum amount we can pair for each bet.
hero member
Activity: 1106
Merit: 503
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August 01, 2017, 01:34:13 PM
#50
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 don't see many coins supporting altcoins except for ETH/Litecoin as others are highly volatile. BitcoinRush.io accepts waves too but mostly it will be only bitcoins even after this split. Now there would be faster confirmations too and I don't think price would be much of an issue. Till now no gambling site has incurred a loss due to the price of BTC and users prefer withdrawing coins in BTC rather than altcoins.

Actually dogecoin is quite stable. So far, it is around 30-60 satoshi. It is actually a coin with no purpose but the good thing is that the price is more stable. There wont be much pump and dump action and there is still a certain demand for the coin.

I think it will be a good idea to use Doge as a casino coin or gambling coin. It will increase the demand for the coin and the stability of Doge is great compared to other altcoins. There are some anonymous coins which are preferable but I dont mind using BTC or other altcoins.
legendary
Activity: 1470
Merit: 1002
August 01, 2017, 11:48:47 AM
#49
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 don't see many coins supporting altcoins except for ETH/Litecoin as others are highly volatile. BitcoinRush.io accepts waves too but mostly it will be only bitcoins even after this split. Now there would be faster confirmations too and I don't think price would be much of an issue. Till now no gambling site has incurred a loss due to the price of BTC and users prefer withdrawing coins in BTC rather than altcoins.

Actually dogecoin is quite stable. So far, it is around 30-60 satoshi. It is actually a coin with no purpose but the good thing is that the price is more stable. There wont be much pump and dump action and there is still a certain demand for the coin.
legendary
Activity: 2632
Merit: 1094
August 01, 2017, 11:17:59 AM
#48
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 don't see many coins supporting altcoins except for ETH/Litecoin as others are highly volatile. BitcoinRush.io accepts waves too but mostly it will be only bitcoins even after this split. Now there would be faster confirmations too and I don't think price would be much of an issue. Till now no gambling site has incurred a loss due to the price of BTC and users prefer withdrawing coins in BTC rather than altcoins.
legendary
Activity: 3290
Merit: 1901
Shuffle.com
August 01, 2017, 10:29:49 AM
#47
I always go for bitcoin when gambling because there's not a lot of sportsbook out here that accepts or use altcoin and i'm not familiar with the concept of other coins. If bitcoin is not an option for the poll because of what will happen today my alternative option would be litecoin because I know a couple sportsbook that accepts litecoin.
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