Gambling with altcoins - page 4. | Bitcointalksearch.org

ethereumhunter

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Quote from: etherclassic on May 08, 2019, 04:36:56 AM

Well i will shared my own experience gambling with alternatives coins, usually i used Tron coins to play gambling games because it is cheap alternatives coins so when i just used $20 i can play the gambling games and getting more the entertainment in gambling games and the other reason why i choose the Tron, i played gambling games on decentralize application dapps on Tron blockchain with small amount of money in it.

I don't have any experiences in using Tron as the bet but I will try it later, and if I can get some benefits from the game maybe I will move from dogecoin into Tron. But still, I prefer to use dogecoin for gambling, and I am very happy when using dogecoin because of the many benefits that I can get from the coin itself. Depends on the price, Tron is more expensive than dogecoin, but I don't know how long the transaction of the Tron will get confirmed.

semobo

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Most of the time it will be bitoin because it can be easily converted into fiat this is what most gamblers intention for gambling.

Many gambling sites have different cryptos as well for betting for the people who is holding only the altcoins but for me bitcoin is enough.

HighArT

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1. BTC
2. ETH

for me when betting. Mostly is BTC, but sometimes i use ETH too. I've seen some sites using Litecoin or Dogecoin, which is very weird if you ask me.

Use BTC / ETH, most stable currencies if you want to bet.

proTECH77

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Although many gambling platforms embrace Bitcoin and Ethereum but in my own case, i like those gambling platforms that add coins like Litecoins, Dogcoin, and BCH. Most of my favorite gambling platforms are in the first coins that's Bitcoin Ethereum and Litecoin and i like them for adding such coins to the platform.

FauxHammer

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Mostly i do gambling with bitcoins, cause of it's availability and safety, altcoins are not as valuable for me as bitcoin is. Even though i was very happy when i found a platform called futurobet where i could gamble with futurocoins, cause i have plenty of them. I think that i will hold all of my bitcoin now, and try to find some more altcoin-related gambling platforms

btcmegastar

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Most of the people won't choose with the other because most of the people don't like to bet them with the coins. But they will show interest towards the bitcoin gambling because if they win means the value seems to be high when compared to other altcoins.

goaldigger

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I gamble much with Bitcoin and Ethereum in cryptocurrency because that two have a large portion on my wallet. I wanted to vote bitcoin but since the price is cheap, its better for holding than to spend into something so thats why i choose ETH. But gambling is based on luck so it doesnt matter what kind of coin you use.

Ray55

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I think that gambling should not play every day. According to me, three to four times a week is not enough to play more than that. So I would never say that every person should play gambling three to four days a week, not more than that. Because those who once used to be well-accustomed do not have any issues with gambling, they can earn lots of money every day but those who can not go to the worst, they gradually become beggars. So I think gambling should play a lot in thinking...

Pattart

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Quote from: LuanX3 on January 18, 2018, 06:54:14 PM

Quote from: nydiacaskey01 on January 18, 2018, 06:48:19 PM

Gambling with altcoins (DOGE and LTC) has been my alternative whenever I see a drop of price of altcoin. So instead of selling them at loss, I just transfer them to my account is Bitsler and play with them for a chance to double or multiply the amount of altcoins that I hold.

What's the difference? You are still gambling, it's like when you lose on trading you immediately go to a gambling site to "try" and get back your money. Which is supposed to be a sin to any trader. This is the primary reason why yobit incorporated a dice game on their trading site. For people like you that tend to gamble after they lose on trading. You should really reconsider your options when you do this. If you want to just gamble, leave trading out of it. Buy alts and gamble, don't trade and gamble your position.

Me too, I also use doge as an alternative to gamble, even now I gamble more with doge than bitcoin, of course because the price is cheaper, the transaction is also cheaper, so you can withdraw several times in 1 day and it won't hurt you .

I myself do not depend on the altcoin price, fall or rise it does not affect my gambling activities, yeah I agree with you, I think you should be able to distinguish gambling and trading, dont play because you lose in trading and then try to recover from gambling

etherclassic

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Well i will shared my own experience gambling with alternatives coins, usually i used Tron coins to play gambling games because it is cheap alternatives coins so when i just used $20 i can play the gambling games and getting more the entertainment in gambling games and the other reason why i choose the Tron, i played gambling games on decentralize application dapps on Tron blockchain with small amount of money in it.

hahay

legendary

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Quote from: shoreno on May 08, 2019, 04:11:17 AM

Quote from: Kanda Yu on May 08, 2019, 03:47:03 AM

Quote from: Assface16678 on May 08, 2019, 03:27:41 AM

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You didnt understand guys . altcoins have actually an advantage when used for gambling . few examples is that altcoins are cheap which means sending fee from your wallet to a gambling site will only cost less plus the transaction time was also faster compare to bitcoins . gambling with altcoins is also less risky and less regretful due to its cheap value but itll also depend on you if you want to bet a really huge amount . the only problem is that there are still gambling sites that does not support altcoins .

They both have their own views on this matter. Using bitcoin and altcoin in my opinion would be good when users are comfortable about everything such as fees and transaction speeds. I personally have tried gambling using several altcoins and it does have its own advantages and disadvantages, but when we are comfortable with one cryptocurrency to bet, whatever the value, regardless of the fees, how long the speed is in the transaction, I never question it because indeed feel comfortable with certain crypto.

shoreno

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Quote from: Kanda Yu on May 08, 2019, 03:47:03 AM

Quote from: Assface16678 on May 08, 2019, 03:27:41 AM

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You didnt understand guys . altcoins have actually an advantage when used for gambling . few examples is that altcoins are cheap which means sending fee from your wallet to a gambling site will only cost less plus the transaction time was also faster compare to bitcoins . gambling with altcoins is also less risky and less regretful due to its cheap value but itll also depend on you if you want to bet a really huge amount . the only problem is that there are still gambling sites that does not support altcoins .

Kanda Yu

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Quote from: Assface16678 on May 08, 2019, 03:27:41 AM

I prefer to gamble using bitcoin than altcoins because bitcoin has more potential to increase it's price even more and it is good for a long term investment, that is why if i started to have huge winning by playing in a bitcoin casino i could add my winnings to my investment. Also, most online gambling site who supports blockchain technology and bitcoin is a sign which is very safe and secured to play. Right now, I am also starting to use my bitcoins to play in a bitcoin casino which is also very safe and secured to play and it also offers traditional table games and slots that you could enjoy.

You have a point, besides bitcoin is more reliable compared to altcoins and as we can observe it's more likely the bitcoin is the basis of all in fact as the time bitcoin fall most of the altcoins are falling as well. Moreover, bitcoin is more usually used in any kind of transaction like trading, investment and gambling. In the field of gambling, bitcoin is also widely used throughout the web, as a matter of fact, the crypto casino where I used to play is also accepting bitcoin to deposit. And speaking of deposit, this crypto casino has a feature of low deposit option so you can play even if it's just a small amount.

Assface16678

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I prefer to gamble using bitcoin than altcoins because bitcoin has more potential to increase it's price even more and it is good for a long term investment, that is why if i started to have huge winning by playing in a bitcoin casino i could add my winnings to my investment. Also, most online gambling site who supports blockchain technology and bitcoin is a sign which is very safe and secured to play. Right now, I am also starting to use my bitcoins to play in a bitcoin casino which is also very safe and secured to play and it also offers traditional table games and slots that you could enjoy.

Caladonian

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Quote from: South Park on January 20, 2018, 11:43:48 PM

Quote from: An0nyMoose on January 16, 2018, 05:58:34 PM

Quote from: Fippy on January 16, 2018, 02:48:38 PM

Yeah i prefer to use those casinos who are accepting altcoins at the moment, it is much more easier to use them since you do no need to deposit huge amounts of money with bitcoin and having them reduced because of the fees.

Yup and there's nothing Bitcoin does that altcoins can't either. The only thing is it's easier to sell Bitcoin, but altcoins are easy enough to sell to and much faster to send and receive.

Hope we get some improvements with Bitcoin soon because it's slowly dying as more and more coins take from it's market share by the day.

Bitcoin is not dying what it is happening is that there is no point in using bitcoin as a currency when the fees are so high, also it is natural that as more projects and altcoins appear that bitcoin no longer has the dominance it had in previous years but bitcoin is still going to be at the top of the market cap for a long time.

Well its been a long discussion about the transaction fees in regards to bitcoin and its hurting gamblers bankroll each time we did deposit or withdraw our fund, and that's one of the reason why we are using alternative and alts got its position on it, better to use alts and enjoy the fast and lesser fees, it is also helping the growth of success of some quality alt coins in the market and being supported by gambling industries.

South Park

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Quote from: An0nyMoose on January 16, 2018, 05:58:34 PM

Quote from: Fippy on January 16, 2018, 02:48:38 PM

Yeah i prefer to use those casinos who are accepting altcoins at the moment, it is much more easier to use them since you do no need to deposit huge amounts of money with bitcoin and having them reduced because of the fees.

Yup and there's nothing Bitcoin does that altcoins can't either. The only thing is it's easier to sell Bitcoin, but altcoins are easy enough to sell to and much faster to send and receive.

Hope we get some improvements with Bitcoin soon because it's slowly dying as more and more coins take from it's market share by the day.

Bitcoin is not dying what it is happening is that there is no point in using bitcoin as a currency when the fees are so high, also it is natural that as more projects and altcoins appear that bitcoin no longer has the dominance it had in previous years but bitcoin is still going to be at the top of the market cap for a long time.

milewilda

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Quote from: el kaka22 on January 20, 2018, 01:08:44 AM

Quote from: milewilda on January 19, 2018, 04:48:47 AM

Quote from: suvo05 on January 19, 2018, 02:56:18 AM

I mainly gamble with bitcoin , though I have gamble with BURST, DOGE,ETH and LTC. We need to make slight change in strategies when we move to different coin as in the max of gambling site we have a fixed minimum bet. And as I used to gamble with bitcoin so I feel comfortable with my strategies to doing so.

You would really feel the changes since you are already get used to make some strategies with bitcoin betting and when you try to switch into altcoins then value would really differ but playing with altcoins is somehow enjoying because you can extent on the values being used.This thing is entirely depending on peoples or gamblers preference.

But the percentage change will not impact big in my view. Do you see any differences when getting paid in bitcoin value or equivalent USD value. I guess same thing will happen when we are gambling with the bitcoin or with any other altcoins.

Moreover the strategies are based on win and lost and definitely not based on what are the coins we are betting with nor with their values. Hence we cannot find any differences when we are changing coins for our gambling. Only the profit levels will get impacted for any significant differences because bitcoin kind of coins will be having huge value and any other altcoin must be having 10x lesser value to bitcoins.

Well i agree on that since most of the time people do make use btc instead of altcoin when it comes to gambling online which is the common coin being used but there still people who do prefer altcoins because of high tx fee reasons.Regarding on chance of winning and receiving amount then it would be the same but it do really give you the feel of such changes when it comes to values.

gabmen

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I usually use bitcoin for gambling but I stop using it nowdays because of the high fee is really killing me. I'm start using altcoins for gambling since the last 2 weeks because the fees is really low compared with bitcoin fees. Many casinos also start accepting altcoins though.

Well that's good if they do though alts like eth and ltc are accepted in many crypto gambling sites for quite somentime now. The issue with btc transaction fees have also been around for a almost a year so many gamblers would rather do the transactions using alts and for sure more crypto gambling sites will be incorporating more alts in their sites

boyptc

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Quote from: nydiacaskey01 on January 18, 2018, 06:48:19 PM

Gambling with altcoins (DOGE and LTC) has been my alternative whenever I see a drop of price of altcoin. So instead of selling them at loss, I just transfer them to my account is Bitsler and play with them for a chance to double or multiply the amount of altcoins that I hold.

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This is the popular way of alternative gambling in crypto's. Many started to gamble with Doge and majority of the crypto casino's does have this option of accepting Doge not only bitcoin. Been doing this before but now I'm starting to cut portion of it which goes to day trading and some with gambling. LTC decreased its price so I wouldn't use it for now but when it reaches back $250 - $300 then that will be a good time for gambling it.

el kaka22

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Quote from: milewilda on January 19, 2018, 04:48:47 AM

Quote from: suvo05 on January 19, 2018, 02:56:18 AM

I mainly gamble with bitcoin , though I have gamble with BURST, DOGE,ETH and LTC. We need to make slight change in strategies when we move to different coin as in the max of gambling site we have a fixed minimum bet. And as I used to gamble with bitcoin so I feel comfortable with my strategies to doing so.

You would really feel the changes since you are already get used to make some strategies with bitcoin betting and when you try to switch into altcoins then value would really differ but playing with altcoins is somehow enjoying because you can extent on the values being used.This thing is entirely depending on peoples or gamblers preference.

But the percentage change will not impact big in my view. Do you see any differences when getting paid in bitcoin value or equivalent USD value. I guess same thing will happen when we are gambling with the bitcoin or with any other altcoins.

Moreover the strategies are based on win and lost and definitely not based on what are the coins we are betting with nor with their values. Hence we cannot find any differences when we are changing coins for our gambling. Only the profit levels will get impacted for any significant differences because bitcoin kind of coins will be having huge value and any other altcoin must be having 10x lesser value to bitcoins.

Topic: Gambling with altcoins - page 4. (Read 16603 times)