Gambling with Fiat or Crypto? - page 7.

Japinat

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Quote from: ?? on ??

After I learned Bitcoin, I started playing gambling. So I used this currency to play comfortably compared to Fiat money.

Well for me I already gambling even before bitcoin was created but I like to gamble more when I know bitcoin because its easier compared to fiat gambling.

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I don't care what's going on with the Bitcoin price at least it's still worth. It's easier to use Bitcoin because making a deposit doesn't require a personal identity. As we know we have to provide a full name and bank account to deposit on gambling sites using fiat money. The most important thing for me is to remain anonymous.

For us who just withdraw and deposit constantly, the price of bitcoin or its volatility won't matter a lot.
It's just a tool that we use to bypass KYC requirements on fiat casinos and to have a fast and cheap transaction, overall I can say that crypto gambling is always better that fiat gambling.

I also believe that its' the new format of gambling and people will continue to adopt with it leaving fiat gambling obsolete in the future if they will not adopt with crypto.

maydna

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Quote from: Aikidoka on December 30, 2019, 02:15:44 PM

Quote from: pakhitheboss on December 29, 2019, 08:34:05 AM

I prefer it with crypto than fiat. With Fiat you cannot remain anonymous, you will get traced. In my country gambling is banned therefore I cannot use fiat, whereas crypto to a certain extent is anonymous and it is not easy to trace its origin.

Me too, I just prefer gambling with crypto rather than fiat because it's easier and also it keeps you safe from being tracked or something like that. However, gambling site which accepts fiat, they're always requires you some documents, like ID or Passport unlike gambling sites that accept cryptos.

That is because we can only send any coins available on the gambling site, and we don't have to send the fiat money from our bank account to that gambling site. We can avoid many things if we use crypto, but we still need to be careful because not all gambling sites can give protection to their members. Gambling with crypto will provide us with many options to place the bet because, in that site, we can use it from bitcoin, ethereum, litecoin, doge, and else so we can choose the coin that we want.

ReiMomo

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Quote from: Aikidoka on December 30, 2019, 02:15:44 PM

Quote from: pakhitheboss on December 29, 2019, 08:34:05 AM

I prefer it with crypto than fiat. With Fiat you cannot remain anonymous, you will get traced. In my country gambling is banned therefore I cannot use fiat, whereas crypto to a certain extent is anonymous and it is not easy to trace its origin.

Me too, I just prefer gambling with crypto rather than fiat because it's easier and also it keeps you safe from being tracked or something like that. However, gambling site which accepts fiat, they're always requires you some documents, like ID or Passport unlike gambling sites that accept cryptos.

Most gamblers are the same reason and I think this is the one. Providing personal details is most likely they required if you are a fiat user. Or directly linked to your bank account that has personal details. So, if you have a good reputation, for example, a government employee, you will probably be avoiding this matter. Unlike, using cryptos, no one knows who you are.

Aikidoka

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Quote from: pakhitheboss on December 29, 2019, 08:34:05 AM

I prefer it with crypto than fiat. With Fiat you cannot remain anonymous, you will get traced. In my country gambling is banned therefore I cannot use fiat, whereas crypto to a certain extent is anonymous and it is not easy to trace its origin.

Me too, I just prefer gambling with crypto rather than fiat because it's easier and also it keeps you safe from being tracked or something like that. However, gambling site which accepts fiat, they're always requires you some documents, like ID or Passport unlike gambling sites that accept cryptos.

Sterbens

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Quote from: Triffin on December 30, 2019, 11:11:30 AM

Quote from: janggernaut on December 29, 2019, 11:29:20 AM

Quote from: huige007 on December 29, 2019, 11:12:32 AM

Quote from: kotajikikox on December 26, 2019, 05:50:28 AM

i love my crypto and i dont want to waste and risk for gambling so i choose playing using Fiat whenever i wanna gamble now.
because i have learned to value my precious currency in my folio so why need to gamble when i have cash to make my habit filled?

This is really stupid and absurd to gamble with crypto because they keep increasing in value and once you lose them, it is really hard to win them back or even purchase via fiat. I personally feel that gambling with fiat is much more reliable and recoverable but here again you need to be careful. Investing too much fiat can also make you poor. I believe majority of land casinos have gambling games with fiat.

Read what he said, he prefer to gamble with fiat rather than crypto since it's more valuable for him instead fiat.

Quote from: pakhitheboss on December 29, 2019, 08:34:05 AM

I prefer it with crypto than fiat. With Fiat you cannot remain anonymous, you will get traced. In my country gambling is banned therefore I cannot use fiat, whereas crypto to a certain extent is anonymous and it is not easy to trace its origin.

And gamble with crypto is easier than fiat since you can do that online, not just like fiat, where do you need to bring your money to real casino

You are right that we can gamble at home with crypto and we will not have to go far away for gambling but the problem is in gambling you are not sure about win or lose and if you lose you will lose your previous saving and crypto is certain to give you profit if once you made plan to hold them so I prefer gamble with fiat only and keep my crypto safe.

Instead I will play crypto instead to gamble because it will be easier for me to make deposits to his gambling site, so I can gamble quietly when playing online, sometimes I also play offline gambling using real money but I like to regret it after gambling offline, but unlike crypto gambling I have no sense of regret when I lost or won.

Triffin

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Quote from: janggernaut on December 29, 2019, 11:29:20 AM

Quote from: huige007 on December 29, 2019, 11:12:32 AM

Quote from: kotajikikox on December 26, 2019, 05:50:28 AM

i love my crypto and i dont want to waste and risk for gambling so i choose playing using Fiat whenever i wanna gamble now.
because i have learned to value my precious currency in my folio so why need to gamble when i have cash to make my habit filled?

This is really stupid and absurd to gamble with crypto because they keep increasing in value and once you lose them, it is really hard to win them back or even purchase via fiat. I personally feel that gambling with fiat is much more reliable and recoverable but here again you need to be careful. Investing too much fiat can also make you poor. I believe majority of land casinos have gambling games with fiat.

Read what he said, he prefer to gamble with fiat rather than crypto since it's more valuable for him instead fiat.

Quote from: pakhitheboss on December 29, 2019, 08:34:05 AM

I prefer it with crypto than fiat. With Fiat you cannot remain anonymous, you will get traced. In my country gambling is banned therefore I cannot use fiat, whereas crypto to a certain extent is anonymous and it is not easy to trace its origin.

And gamble with crypto is easier than fiat since you can do that online, not just like fiat, where do you need to bring your money to real casino

You are right that we can gamble at home with crypto and we will not have to go far away for gambling but the problem is in gambling you are not sure about win or lose and if you lose you will lose your previous saving and crypto is certain to give you profit if once you made plan to hold them so I prefer gamble with fiat only and keep my crypto safe.

batang_bitcoin

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Quote from: Best Dreams on December 29, 2019, 04:35:09 PM

I also like to gamble with fiat because gambling is a risky way to make money but with your crypto, you will feel safe about earning only in case of holding. So when I want to gamble I just choose money or fiat and I like crypto-only for holding at the same time I gamble using fiat so it will be double earning for me.

But haven't you experienced gambling with crypto? it's much easier than gambling with fiat because you have to withdraw or if you're into online casino, there's a tendency that they'll ask you for KYC. Unlike with the crypto casinos, you don't actually have to gamble with all of your holdings, you can get a small pinch and use it to play any gambling game of your choice. And what's good with it, you can also gamble with altcoins if you prefer not to gamble with bitcoin. We have a lot of altcoin-accepting casino these days.

Best Dreams

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Quote from: kotajikikox on December 26, 2019, 05:50:28 AM

i love my crypto and i dont want to waste and risk for gambling so i choose playing using Fiat whenever i wanna gamble now.
because i have learned to value my precious currency in my folio so why need to gamble when i have cash to make my habit filled?

I also like to gamble with fiat because gambling is a risky way to make money but with your crypto, you will feel safe about earning only in case of holding. So when I want to gamble I just choose money or fiat and I like crypto-only for holding at the same time I gamble using fiat so it will be double earning for me.

South Park

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Quote from: Abiky on November 15, 2019, 05:30:40 PM

What's best for gambling online? Crypto or Fiat? As for me, I'd rather go full crypto than Fiat for many obvious reasons. Crypto may be extremely volatile, but it's anonymous (depending on the coin) and censorship-resistant. Fiat may bring convenience to people that are not tech-savvy enough to understand crypto, but it can easily be traced by worldwide governments.

Crypto enables online casinos to perform their operations in a somewhat anonymous fashion. Both the gambler and the owner benefits from this. But I understand that crypto is still not accepted at physical casinos. In this regard, Fiat is the winner.

Nonetheless, what are your thoughts? Huh

When it comes to gambling online this is a very easy choice for me I will gamble with cryptocurrencies and nothing else, there is not need for the casinos to know who I am, I understand very clearly that I have no chance of making money in their games so I am there just to have some fun and yet fiat online casinos want to know everything from you, but when it comes to gambling in a real casino then cash is by far the best choice basically for the same reason as using crypto online since you do not have to give your personal information to the casino to gamble and have a good time.

janggernaut

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Quote from: huige007 on December 29, 2019, 11:12:32 AM

Quote from: kotajikikox on December 26, 2019, 05:50:28 AM

i love my crypto and i dont want to waste and risk for gambling so i choose playing using Fiat whenever i wanna gamble now.
because i have learned to value my precious currency in my folio so why need to gamble when i have cash to make my habit filled?

This is really stupid and absurd to gamble with crypto because they keep increasing in value and once you lose them, it is really hard to win them back or even purchase via fiat. I personally feel that gambling with fiat is much more reliable and recoverable but here again you need to be careful. Investing too much fiat can also make you poor. I believe majority of land casinos have gambling games with fiat.

Read what he said, he prefer to gamble with fiat rather than crypto since it's more valuable for him instead fiat.

Quote from: pakhitheboss on December 29, 2019, 08:34:05 AM

I prefer it with crypto than fiat. With Fiat you cannot remain anonymous, you will get traced. In my country gambling is banned therefore I cannot use fiat, whereas crypto to a certain extent is anonymous and it is not easy to trace its origin.

And gamble with crypto is easier than fiat since you can do that online, not just like fiat, where do you need to bring your money to real casino

huige007

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Quote from: kotajikikox on December 26, 2019, 05:50:28 AM

i love my crypto and i dont want to waste and risk for gambling so i choose playing using Fiat whenever i wanna gamble now.
because i have learned to value my precious currency in my folio so why need to gamble when i have cash to make my habit filled?

This is really stupid and absurd to gamble with crypto because they keep increasing in value and once you lose them, it is really hard to win them back or even purchase via fiat. I personally feel that gambling with fiat is much more reliable and recoverable but here again you need to be careful. Investing too much fiat can also make you poor. I believe majority of land casinos have gambling games with fiat.

pakhitheboss

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I prefer it with crypto than fiat. With Fiat you cannot remain anonymous, you will get traced. In my country gambling is banned therefore I cannot use fiat, whereas crypto to a certain extent is anonymous and it is not easy to trace its origin.

Shinpako09

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It will always be crypto and I had no intention using fiat in online gambling even in the near future. One reason is because of law. There is no particular law about crypto gambling in our country, so i'm kinda safe from authority, even how much I gamble or gained. Also, i'm not familiar with gambling site using fiat. What if they requires KYC which i'm avoiding or they are operating illegally that can possibly stain my clean name. So choosing crypto is the best thing to do if you have gambling activity online.

SummerBliss

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Quote from: Abiky on November 15, 2019, 05:30:40 PM

What's best for gambling online? Crypto or Fiat? As for me, I'd rather go full crypto than Fiat for many obvious reasons. Crypto may be extremely volatile, but it's anonymous (depending on the coin) and censorship-resistant. Fiat may bring convenience to people that are not tech-savvy enough to understand crypto, but it can easily be traced by worldwide governments.

Crypto enables online casinos to perform their operations in a somewhat anonymous fashion. Both the gambler and the owner benefits from this. But I understand that crypto is still not accepted at physical casinos. In this regard, Fiat is the winner.

Nonetheless, what are your thoughts? Huh

i started with fiat when I got introduced to gambling and that too it was limited to card games with friends. Soon i started going to traditional casinos and stuck to playing and winning with fiat. lately, like about 2 years back, i got into crypto for basic reason that make most get into crypto. The most likely reason to get into crypto was its volatility , the rewards were higher with risk to lose higher too. Also, for many people , crypto requirement of minimum KYC and it anonymity attracts most of the gamblers.

the rise

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I feel comfortable using crypto, because I always connect it to an exchange wallet before finally converting to fiat. so far it does not involve kyc processes and convoluted rules, gambling platforms are not too strict, their stake event also offers a bigger percentage I think, their bonus variable always offers things that are more interesting.

Cacingkemi

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Quote from: Questat on December 26, 2019, 07:36:58 PM

Quote from: Zicadis on December 26, 2019, 07:08:35 PM

Gambling with crypto is now so much easier that in my opinion one finds it more cumbersome to gamble with fiat. Crypto can easily be obtained sometimes from airdrops and some times just giveaways or from sharing competitions etc. I only recently started limiting my gambling to just the crypto earned that way I feel better about not giving away too much

That's a good idea if you are just giving it away, .. well, gambling is for fun and if you earn crypto, it would not hurt you a lot when you lose because in the first place, that's not a hard earned money compared to what you earn from your business or from your job.

In general, IMO, crypto gambling is better than fiat, it's fast and anonymous, that alone already gives the gamblers the kind of comfort they want.

of course, gambling using crypto can certainly make it easier for its users compared to using fiat. more comfort is felt especially if in a country has a specific ban on gambling

senne

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Quote from: Abiky on November 15, 2019, 05:30:40 PM

What's best for gambling online? Crypto or Fiat? As for me, I'd rather go full crypto than Fiat for many obvious reasons. Crypto may be extremely volatile, but it's anonymous (depending on the coin) and censorship-resistant. Fiat may bring convenience to people that are not tech-savvy enough to understand crypto, but it can easily be traced by worldwide governments.

Crypto enables online casinos to perform their operations in a somewhat anonymous fashion. Both the gambler and the owner benefits from this. But I understand that crypto is still not accepted at physical casinos. In this regard, Fiat is the winner.

Nonetheless, what are your thoughts? Huh

Although I started out with fiat however now considering the fact that 12 months ago I decided on gambling with crypto. Beside crypto’s gain of staying nameless and minimum KYC (At most,no KYC) , it also offers advantage of higher rewards due to its volatility. Also, the friends around me and my community of gamblers deal in crypto which makes me too decide upon crypto when it comes to gambling.

fullhdpixel

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Honestly, even with these kinds of KYC requriements nowadays because of the double spending and prevention from that, the best way to gamble is always crypto for me. My country made gambling illegal (except sports book, which is allowed) years ago and because of that if I ever want to play poker, dice, plinko, slots anything in a regular casino I have to play on a crypto casino.

If I play with crypto there is no name involved, no ID involved, nothing that proves it was me that gambled it, on top of that I gamble with VPN and even join mostly from the TOR so there is absolutely nothing showing me gambling. That is why I like gambling with crypto, the hidden part of it and allowing me to gamble however I want attracts me more than any other fiat casino can ever hope for.

Bitcoinislife09

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Quote from: Abiky on November 15, 2019, 05:30:40 PM

What's best for gambling online? Crypto or Fiat? As for me, I'd rather go full crypto than Fiat for many obvious reasons. Crypto may be extremely volatile, but it's anonymous (depending on the coin) and censorship-resistant. Fiat may bring convenience to people that are not tech-savvy enough to understand crypto, but it can easily be traced by worldwide governments.

Crypto enables online casinos to perform their operations in a somewhat anonymous fashion. Both the gambler and the owner benefits from this. But I understand that crypto is still not accepted at physical casinos. In this regard, Fiat is the winner.

Nonetheless, what are your thoughts? Huh

I think this two are just the same since you could use them both for gambling and also gambling with cryptocurrency or bitcoin you are also going to need fiat money and then converted it to cryptocurrency so that you could play in a gambling website for me I think bitcoin or other cryptocurrency is more reliable to play with since it is a digital money compare to playing in a casino.

Gheka

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Quote from: Zicadis on December 26, 2019, 07:08:35 PM

Gambling with crypto is now so much easier that in my opinion one finds it more cumbersome to gamble with fiat. Crypto can easily be obtained sometimes from airdrops and some times just giveaways or from sharing competitions etc. I only recently started limiting my gambling to just the crypto earned that way I feel better about not giving away too much

Of course, playing with fiat is always very difficult when every country has strict rules about gambling, even for online gambling websites, they are also prevented when we gamble with fiat, crypto is probably simpler for gambling when the government is not explicitly regulated and their restrictions in countries are almost zero. However, many people are still underestimating the value of crypto, wasting it for gambling, such as dogecoin, the value is quite low but at the peak, its value increased many times, gambling is excessive waste

Topic: Gambling with Fiat or Crypto? - page 7. (Read 3102 times)