I miss the old OnChain gambling | Bitcointalksearch.org

og kush420

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Quote from: Ebede on July 18, 2022, 06:06:12 PM

Quote from: Desmong on June 23, 2022, 03:30:39 AM

Quote from: livingfree on June 21, 2022, 11:17:45 AM

Those were the days and I've seen one before that no registration is needed and you just send your bet to the given address per user/guest that visits them.

Well, we have to embrace the changes as before the authorities don't look at crypto gambling as a legit thing and it looks like a game to them. Now that money talks and the value and worth of the entire market is huge, they now have to make rules that they'll have to require the casinos for their customers to follow kyc.

Those time had gone and onchain gambling is now limited and people don't play it again like them that it was a tog of town that we couldn't do without it a single week. The new era had come and we all are embrace the crypto era where we can play games anonymously with having to submit our identities to gambling platforms before we play or withdraw our money from these platforms.

You know that is not every country that knows cryptocurrency and it's not every country also that knows that cryptocurrency can be used for gambling if not the bitcointalk forum which many people or millions of people find yourself into it and the thing expand their knowledge of understanding cryptocurrency and its usefulness so many of us we don't have known that cryptocurrency is a possible way or the easiest way of gambling as a result of payment

....we all miss the old time and things and stuff - there are so many memories attached to them
But dont you think that the modern world has brought so much good change in the gambling world

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Quote from: Desmong on June 23, 2022, 03:30:39 AM

Quote from: livingfree on June 21, 2022, 11:17:45 AM

Those were the days and I've seen one before that no registration is needed and you just send your bet to the given address per user/guest that visits them.

Well, we have to embrace the changes as before the authorities don't look at crypto gambling as a legit thing and it looks like a game to them. Now that money talks and the value and worth of the entire market is huge, they now have to make rules that they'll have to require the casinos for their customers to follow kyc.

Those time had gone and onchain gambling is now limited and people don't play it again like them that it was a tog of town that we couldn't do without it a single week. The new era had come and we all are embrace the crypto era where we can play games anonymously with having to submit our identities to gambling platforms before we play or withdraw our money from these platforms.

You know that is not every country that knows cryptocurrency and it's not every country also that knows that cryptocurrency can be used for gambling if not the bitcointalk forum which many people or millions of people find yourself into it and the thing expand their knowledge of understanding cryptocurrency and its usefulness so many of us we don't have known that cryptocurrency is a possible way or the easiest way of gambling as a result of payment

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Quote from: Viscore on July 18, 2022, 04:25:02 PM

Quote from: livingfree on June 21, 2022, 11:17:45 AM

Those were the days and I've seen one before that no registration is needed and you just send your bet to the given address per user/guest that visits them.

Well, we have to embrace the changes as before the authorities don't look at crypto gambling as a legit thing and it looks like a game to them. Now that money talks and the value and worth of the entire market is huge, they now have to make rules that they'll have to require the casinos for their customers to follow kyc.

Everything changes, as businesses and gambling casinos these days have been more regulated to be more safe and secured not only for the operators alone, but also for the players. The authorities have seen this coming, and for that KYC has been more established and strictly imposed. Although some still prefer the old and traditional way of gambling, but in most of the new generation these days, they have learn to love the new ways of gambling.

new online crypto gamblers are trusting casinos or bookies which have their gambling license. it was not a thing before because crypto casinos were just in the early days. but as the adoption of crypto market increases, regulation is needed to avoid the rampant scamming of people. hence, those casinos which acquire their legit gaming license will have to ask KYC from their players if needed, this is to follow the regulations set to them

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Quote from: livingfree on June 21, 2022, 11:17:45 AM

Those were the days and I've seen one before that no registration is needed and you just send your bet to the given address per user/guest that visits them.

Well, we have to embrace the changes as before the authorities don't look at crypto gambling as a legit thing and it looks like a game to them. Now that money talks and the value and worth of the entire market is huge, they now have to make rules that they'll have to require the casinos for their customers to follow kyc.

Everything changes, as businesses and gambling casinos these days have been more regulated to be more safe and secured not only for the operators alone, but also for the players. The authorities have seen this coming, and for that KYC has been more established and strictly imposed. Although some still prefer the old and traditional way of gambling, but in most of the new generation these days, they have learn to love the new ways of gambling.

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Quote from: Hamphser on June 21, 2022, 02:30:58 PM

Quote from: livingfree on June 21, 2022, 11:17:45 AM

Those were the days and I've seen one before that no registration is needed and you just send your bet to the given address per user/guest that visits them.

Well, we have to embrace the changes as before the authorities don't look at crypto gambling as a legit thing and it looks like a game to them. Now that money talks and the value and worth of the entire market is huge, they now have to make rules that they'll have to require the casinos for their customers to follow kyc.

Speaking with betting then nothing beats out directbet which the only site that I do really recognized in terms of on chain but excluding into those chain based lotteries and other stuffs that related to it which I don't really see any interesting stuff on it.Majority of platforms now are centralized and regulated which is something not surprising and as a gambler then we don't really have any choice whether we do like it or not.

I think I already heard that site being talk about here. Is the full link called directbet.eu? Haven't tried it yet but can you tell what happened to that site? So many old sites are still alive up until now but maybe there are some changes that have been made like adding license on it and regulating it because we know, crypto and gambling are two of the popular things now and like what livingfree said there are now huge amount of money on these fields.

We need to embrace the change or else quit on it permanently. Chain or onchain but as long as the game is lottery, I also think that was not interesting as other casino games and the chance to win a prize on the lottery is also much harder.

livingfree

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Quote from: Cookdata on June 22, 2022, 05:19:28 AM

Quote from: livingfree on June 21, 2022, 11:17:45 AM

Those were the days and I've seen one before that no registration is needed and you just send your bet to the given address per user/guest that visits them.

Well, we have to embrace the changes as before the authorities don't look at crypto gambling as a legit thing and it looks like a game to them. Now that money talks and the value and worth of the entire market is huge, they now have to make rules that they'll have to require the casinos for their customers to follow kyc.

If we should go by the year, bitcoin price would be less than $1k, winning 100btc wouldn't be a problem since it hasn't get the attention of the regulatory bodies and mass adoption. Many didn't see bitcoin as big thing then and free market money wasn't there too but since the emergence of AML schemes, they began Crack down of different payment medium that has to do with crypto payment making a mandatory kyc for all. Some Companies that weren't ready for that close down and new people comes in to the market and change the system.
Since we still some casinos who play without kyc, then there shouldn't be a problem at all.

Yes, during the old times bitcoin wasn't getting attention and even if you win thousands of it then others just have to convert that automatically based on the market value.

Everyone is now amazed on how much it is and despite that it came from the ATH and got this low, still its current price is still high which is taking attention still that it a huge drop came.

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Since it was completely Anionomas for playing games. So it was a great site. Now it is very difficult to find such a site. All sites are making kyc requested for withdrawal and depositing. Which is a really annoying thing. and it is also risky

Desmong

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Quote from: livingfree on June 21, 2022, 11:17:45 AM

Those were the days and I've seen one before that no registration is needed and you just send your bet to the given address per user/guest that visits them.

Well, we have to embrace the changes as before the authorities don't look at crypto gambling as a legit thing and it looks like a game to them. Now that money talks and the value and worth of the entire market is huge, they now have to make rules that they'll have to require the casinos for their customers to follow kyc.

Those time had gone and onchain gambling is now limited and people don't play it again like them that it was a tog of town that we couldn't do without it a single week. The new era had come and we all are embrace the crypto era where we can play games anonymously with having to submit our identities to gambling platforms before we play or withdraw our money from these platforms.

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Quote from: seoincorporation on May 08, 2022, 02:23:24 PM

Onchain gambling is gone, it was one of the first ways to gamble our bitcoins... The casinos used to be totally anonymous, to the point where you don't have to create an account on the casino to place a bet. And that was what I call freedom.

When I join to this crypto world in 2014, there use to be 2 casinos with this feature, their name was Lucky bit and Satoshi Bones. And their games have a unique address where you can send your coins and get back to the bet result to the address where the bet comes from. That was how they didn't ask for an account to place a bet.

Those engines were provably fair, and the max wins were up to 100BTC in lucky bit (in that time BTC was at $500 approx) but still huge.

The new casinos are crazy with their KYC rules and customer support. They hold users' money as if they were the owners of the money, and you can find all the same slots games bringing a lack of original and probably fair games.

Maybe regulation brings us to the current situation, but in the past was funnier, fair, and legit. And that's why I miss the old onchain gambling.

Do you remember those old casinos, and what are your thoughts about the current gaming sites compared with the old ones?

I have a cool memory about DirectBet. It was so beautiful, so easy to play, and they had every type of game. Easy payment (in automatic) and you've only to choice your bet. I used to play to Hi Lo in that site, when they

closed I was so sad. Hope as you said that another platform like that will be opened some day. But I don't think, considering issue about regulation and law.

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Quote from: Wind_FURY on June 21, 2022, 02:17:23 AM

Quote from: illetyus on June 12, 2022, 02:18:24 PM

I guess it's still possible to gamble on the chain. There were many casinos running on the Tron network. It makes it possible to play fair game on smart contracts.

However, people find it more convenient to play in licensed and popular casinos.

They truly run onchain without the requirement to make an account with the casino? Everything is sent and received to your wallet? That's good, but from a technical perspective, TRON has made trade-offs in the Blockchain Trilemma for more scalability, but the network becomes more centralized.

The Blockchain Trilemma, https://www.ledger.com/academy/what-is-the-blockchain-trilemma

I would guess that even with a casino, even with defi, even with a stablecoin, whatever tron does there aren't enough people who trust them to put their money in there. The only thing that made people use tron at least a bit, was the fact that it was the cheapest network to move USDT around, and many people used that, but nowadays there are other stablecoins people use on other networks and that is the way it goes for the time being.

I feel like on-chain is gone, satoshidice was the only one that worked, erikvoorhees made all the money he could and since primedice-justdice period there hasn't been any successful one that stands today, and won't be one.

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Quote from: livingfree on June 21, 2022, 11:17:45 AM

Those were the days and I've seen one before that no registration is needed and you just send your bet to the given address per user/guest that visits them.

Well, we have to embrace the changes as before the authorities don't look at crypto gambling as a legit thing and it looks like a game to them. Now that money talks and the value and worth of the entire market is huge, they now have to make rules that they'll have to require the casinos for their customers to follow kyc.

If we should go by the year, bitcoin price would be less than $1k, winning 100btc wouldn't be a problem since it hasn't get the attention of the regulatory bodies and mass adoption. Many didn't see bitcoin as big thing then and free market money wasn't there too but since the emergence of AML schemes, they began Crack down of different payment medium that has to do with crypto payment making a mandatory kyc for all. Some Companies that weren't ready for that close down and new people comes in to the market and change the system.
Since we still some casinos who play without kyc, then there shouldn't be a problem at all.

livingfree

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Quote from: Hamphser on June 21, 2022, 02:30:58 PM

Quote from: livingfree on June 21, 2022, 11:17:45 AM

Those were the days and I've seen one before that no registration is needed and you just send your bet to the given address per user/guest that visits them.

Well, we have to embrace the changes as before the authorities don't look at crypto gambling as a legit thing and it looks like a game to them. Now that money talks and the value and worth of the entire market is huge, they now have to make rules that they'll have to require the casinos for their customers to follow kyc.

Speaking with betting then nothing beats out directbet which the only site that I do really recognized in terms of on chain but excluding into those chain based lotteries and other stuffs that related to it which I don't really see any interesting stuff on it.Majority of platforms now are centralized and regulated which is something not surprising and as a gambler then we don't really have any choice whether we do like it or not.

Well, they have gone too soon and I think they'll still at the top if the remain in the competition and doesn't have to close operations.

The changes that we've got now is due to the regulations that each country where the casinos are operating. They have now been strict than ever before.

Those days were just going to be missed but I don't think that we'll be back there. Maybe if a company tries to do that again, until they've noticed, they can remain to be the same as the older ones but players these days are looking for more validity and licenses.

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Quote from: mak013 on May 18, 2022, 06:57:47 AM

Quote from: TimeTeller on May 16, 2022, 02:37:17 PM

And with the current situation in gambling, players are more comfortable in centralized casinos.
It seems that they are not attracted with the onchain gambling these days.
There are benefits with onchain but in this today's situation, I don't think they will patronize onchain.
There are features in centralized casinos that gamblers want, even if some of them are asking kyc.
Maybe, because they are trusting these casinos because most of them have licensed to operate.
At least, an organization is looking after them, even if we say, very rare occasion that you truly see a casino sued by a player.

I don`t sure that it is so. The DeFi support by the common users grows up everyday. And the same situation in the gambling. The classic casinos will lose clients or they need to include some features that makes possible to choose what do you prefer - old style or modern.
I think that if we can compare percent of gamblers in classic casino now and a year later - it will grow down.

I agree that most people prefer centralized casinos because they believe that there is more security with their money, however there are many more ways to be able to trust with KYC, I know that the KYC requirement is enough for some, especially for those who love privacy and anonymity, normally many take care not to leave their data on any platform, because their data can be vulnerable and easily shared in the face of any attack or hacking, but not everything is bad, the fact of doing a KYC allows to the casino to have its good license and apart from providing good protection to them. In any case, we cannot close the doors to the new, although for many it turns out to be: "what is known is safer than what is new to be known."

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Quote from: livingfree on June 21, 2022, 11:17:45 AM

Those were the days and I've seen one before that no registration is needed and you just send your bet to the given address per user/guest that visits them.

Well, we have to embrace the changes as before the authorities don't look at crypto gambling as a legit thing and it looks like a game to them. Now that money talks and the value and worth of the entire market is huge, they now have to make rules that they'll have to require the casinos for their customers to follow kyc.

Speaking with betting then nothing beats out directbet which the only site that I do really recognized in terms of on chain but excluding into those chain based lotteries and other stuffs that related to it which I don't really see any interesting stuff on it.Majority of platforms now are centralized and regulated which is something not surprising and as a gambler then we don't really have any choice whether we do like it or not.

livingfree

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Those were the days and I've seen one before that no registration is needed and you just send your bet to the given address per user/guest that visits them.

Well, we have to embrace the changes as before the authorities don't look at crypto gambling as a legit thing and it looks like a game to them. Now that money talks and the value and worth of the entire market is huge, they now have to make rules that they'll have to require the casinos for their customers to follow kyc.

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Quote from: Markinzo on June 21, 2022, 06:22:49 AM

Quote from: seoincorporation on May 08, 2022, 02:23:24 PM

Onchain gambling is gone, it was one of the first ways to gamble our bitcoins... The casinos used to be totally anonymous, to the point where you don't have to create an account on the casino to place a bet. And that was what I call freedom.

When I join to this crypto world in 2014, there use to be 2 casinos with this feature, their name was Lucky bit and Satoshi Bones. And their games have a unique address where you can send your coins and get back to the bet result to the address where the bet comes from. That was how they didn't ask for an account to place a bet.

Those engines were provably fair, and the max wins were up to 100BTC in lucky bit (in that time BTC was at $500 approx) but still huge.

The new casinos are crazy with their KYC rules and customer support. They hold users' money as if they were the owners of the money, and you can find all the same slots games bringing a lack of original and probably fair games.

Maybe regulation brings us to the current situation, but in the past was funnier, fair, and legit. And that's why I miss the old onchain gambling.

Do you remember those old casinos, and what are your thoughts about the current gaming sites compared with the old ones?

Those casinos were great and easy to go with at that period which currently they would not fit in in today's situations as they may easily be prone to security breach from hackers and scammers. So It's like saying those kinds of casinos were great while they lasted.
Cause of today's problems of high levels of hacking and other security breaches casinos needed to look into new solutions and as such the KYC among other new patterns introduced by the current casinos now is of necessity despite the procedures involved cause it's worth.

Scammers and abusers will only take advantage of that kind of casino though it's really interesting due to the freedom that we could have with it. Old gamblers could enjoy such casinos before because scammers haven't entered crypto gambling yet during that time. Casino sites these days require KYC for security purposes because scammers are now everywhere and both sites and gamblers are just being careful. Gone were the days when gamblers could play freely without being worried to get scammed.

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Quote from: seoincorporation on May 08, 2022, 02:23:24 PM

Onchain gambling is gone, it was one of the first ways to gamble our bitcoins... The casinos used to be totally anonymous, to the point where you don't have to create an account on the casino to place a bet. And that was what I call freedom.

When I join to this crypto world in 2014, there use to be 2 casinos with this feature, their name was Lucky bit and Satoshi Bones. And their games have a unique address where you can send your coins and get back to the bet result to the address where the bet comes from. That was how they didn't ask for an account to place a bet.

Those engines were provably fair, and the max wins were up to 100BTC in lucky bit (in that time BTC was at $500 approx) but still huge.

The new casinos are crazy with their KYC rules and customer support. They hold users' money as if they were the owners of the money, and you can find all the same slots games bringing a lack of original and probably fair games.

Maybe regulation brings us to the current situation, but in the past was funnier, fair, and legit. And that's why I miss the old onchain gambling.

Do you remember those old casinos, and what are your thoughts about the current gaming sites compared with the old ones?

Traditional gambling with bitcoin is dead basically. Now people just gamble with altcoins.

Markinzo

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Quote from: seoincorporation on May 08, 2022, 02:23:24 PM

Onchain gambling is gone, it was one of the first ways to gamble our bitcoins... The casinos used to be totally anonymous, to the point where you don't have to create an account on the casino to place a bet. And that was what I call freedom.

When I join to this crypto world in 2014, there use to be 2 casinos with this feature, their name was Lucky bit and Satoshi Bones. And their games have a unique address where you can send your coins and get back to the bet result to the address where the bet comes from. That was how they didn't ask for an account to place a bet.

Those engines were provably fair, and the max wins were up to 100BTC in lucky bit (in that time BTC was at $500 approx) but still huge.

The new casinos are crazy with their KYC rules and customer support. They hold users' money as if they were the owners of the money, and you can find all the same slots games bringing a lack of original and probably fair games.

Maybe regulation brings us to the current situation, but in the past was funnier, fair, and legit. And that's why I miss the old onchain gambling.

Do you remember those old casinos, and what are your thoughts about the current gaming sites compared with the old ones?

Those casinos were great and easy to go with at that period which currently they would not fit in in today's situations as they may easily be prone to security breach from hackers and scammers. So It's like saying those kind of casinos were great while they lasted.
Cause with today's problems of high levels of hacking and other security breaches casinos needed to look into new solutions and as such the KYC among other new patterns introduced by the current casinos now is of necessity despite the procedures involved cause it's worth.

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Quote from: buwaytress on June 21, 2022, 05:52:30 AM

Quote from: Wind_FURY on June 21, 2022, 02:17:23 AM

They truly run onchain without the requirement to make an account with the casino? Everything is sent and received to your wallet? That's good, but from a technical perspective, TRON has made trade-offs in the Blockchain Trilemma for more scalability, but the network becomes more centralized.

The Blockchain Trilemma, https://www.ledger.com/academy/what-is-the-blockchain-trilemma

Yeah, I think Tron people missed the point (well not just them, almost any altcoin really) that people wanted on-chain solutions like this because they trusted the network, or rather, it allowed trustless settlement of bets, purely objective, meet all the right conditions and it settles.

That's how Directbet and others mentioned worked, because it used the Bitcoin network.

I believe developers can build a casino on top of the Lightning Network, with "No-KYC" as a "value proposition" for users.

Quote

Don't know just how badly centralised Tron/EOS and all those gambling dapp wannabes were, but I suspect pretty bad. Ethereum's probably the only dapp network I'd trust to gamble on with significant sums.

Obviously worse, the faster the network can process transactions per second. If they're blockchain is used at scale, they will need a data center to archive all that data. Bitcoin is not actually used "at scale" yet, but look how harder/more expensive it is to boot-strap an archive node. Plus also the fact that TRON/EOS uses POS/DPOS, that makes it very worse.

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Quote from: Wind_FURY on June 21, 2022, 02:17:23 AM

They truly run onchain without the requirement to make an account with the casino? Everything is sent and received to your wallet? That's good, but from a technical perspective, TRON has made trade-offs in the Blockchain Trilemma for more scalability, but the network becomes more centralized.

The Blockchain Trilemma, https://www.ledger.com/academy/what-is-the-blockchain-trilemma

Yeah, I think Tron people missed the point (well not just them, almost any altcoin really) that people wanted on-chain solutions like this because they trusted the network, or rather, it allowed trustless settlement of bets, purely objective, meet all the right conditions and it settles.

That's how Directbet and others mentioned worked, because it used the Bitcoin network.

Don't know just how badly centralised Tron/EOS and all those gambling dapp wannabes were, but I suspect pretty bad. Ethereum's probably the only dapp network I'd trust to gamble on with significant sums.

Topic: I miss the old OnChain gambling (Read 882 times)