Is Bitcoin the future of online gambling? - page 12.

chris200x9

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Quote from: HaXX0R1337 on March 04, 2017, 05:41:49 PM

Bitcoin made it possible to have transaction which cannot be monitored and i did not want my family members to know that i am spending money and time in gambling but with bitcoin i can have the luxury to spend some money in it without my bank nor anyone knowing that I am gambling and that is the real future when it comes to online gambling.

Bitcoin made online gamblers easy to play, But I have one question will you use all your bitcoin just to play gambling, or you will withdraw and convert it into fiat. Because if you convert your money, then you need Bank or PayPal account. Without Bank, we can not use Bitcoin money am I right.

Quote from: shulio on March 04, 2017, 11:51:15 PM

You are wrong , bitcoin transaction can be tracked however they wont really know who the receiver of the fund. The purpose of the casino to add bitcoin is perhaps to lure more bitcoin enthusiasts into gambling therefore they use it . Other than that with bitcoin it allow micro transaction so people can wager a very small amount

I don't know how the Bitcoin transaction will be tracked. If people don't know who the sender and who the receiver then how it will track.

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Quote from: HaXX0R1337 on March 04, 2017, 05:41:49 PM

Bitcoin made it possible to have transaction which cannot be monitored and i did not want my family members to know that i am spending money and time in gambling but with bitcoin i can have the luxury to spend some money in it without my bank nor anyone knowing that i am gambling and that is the real future when it comes to online gambling.

You are wrong , bitcoin transaction can be tracked however they wont really know who the receiver of the fund. The purpose of the casino to add bitcoin is perhaps to lure more bitcoin enthusiasts into gambling therefore they use it . Other than that with bitcoin it allow micro transaction so people can wager a very small amount

novemberwoah

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Quote from: Japinat on March 04, 2017, 02:54:37 AM

Quote from: novemberwoah on March 04, 2017, 02:04:57 AM

Quote from: ethereumhunter on March 04, 2017, 12:59:13 AM

Quote from: ben.sawyer on March 04, 2017, 12:10:55 AM

it definitely is, because of anonymity. People dont want to pay with their credit cards online and things like Paypal are not secured at all

i think this is the good reason for the gamblers as they don't need to use their credit cards to playing gambling because using credit cards in online is too risky and could give bad experience when our credit cards data has been stolen. but if we use bitcoin, i think its a bit safe because we are not giving our details in any website and this is my reason when i want to make deposit in gambling sites.

Yes it was also the reason why I prefer to gamble with bitcoin than credit cards. Not everyone has a credit card and it is also risky as you said very vulnerable to data theft. If using bitcoin is very easy to use and my identity is very secret, so safe. Especially now began many gambling sites that use bitcoin, so it may be true bitcoin will be the future of online gambling.

When bitcoin was not introduced, we are really force to gamble using our credit cards or a bank transfer, worst scenario when your information get hack and chances are your money is gone. Bitcoin solve that problem and it's just it's just right to promote bitcoin gambling site to spread awareness of the people or gamblers who are tired of the conventional way. It's easier to gamble with bitcoin and they should be getting such convenience as what we enjoyed.

Yes indeed bitcoin should be introduced because gambling with credit cards is very risky, my friend also experienced it. But I think everyone already know bitcoin gambling sites and even gambling sites that accept credit cards also start accepting bitcoin, bitcoin is proving already known by many people. Online gambling sites have started to realize many advantages to using bitcoin and gamblers have also started choosing bitcoin to gamble. In the future maybe bitcoin will become a major payment on online gambling. It is also ideal for someone who wants to gamble but live in countries that ban gambling.

HaXX0R1337

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Quote from: ShetKid on March 04, 2017, 11:58:21 AM

In my opinion I believe yes because of its anonymity and just how easy it is to acquire bitcoin these days.
Obviously though those who prefer to gamble online with cash will still do so but throughout the years I even had friends who went from gambling online with cash to gambling online with bitcoin

Bitcoin made it possible to have transaction which cannot be monitored and i did not want my family members to know that i am spending money and time in gambling but with bitcoin i can have the luxury to spend some money in it without my bank nor anyone knowing that i am gambling and that is the real future when it comes to online gambling.

kidoseagle0312

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Quote from: bitcoincasino.info on September 11, 2015, 03:53:53 AM

What are the chances for the most widespread cryptocurrency to become the de-facto universal payment solution in one of the most diverse segments of the Internet?

- Read full article HERE and don't forget to share your thoughts with us Wink

Definitely bitcoin can be the future of online gambling, no need to go in the land base casino, it will be more convenient too. Though not all gamblers like online games there are still want to choose land based casino but for me it is really much better for me to use online gambling sites.

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I certainly think that Bitcoin and other crypto currencies are a great way to fund online gambling and gaming accounts. It keeps some anonymity and the transfer of fund is easy.

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Quote from: Nekutasa on March 04, 2017, 12:34:27 PM

I hope that it is because it is so easy to use and buy and sell but also because you can be anonymous and make money!

Well, now, look at gambling sites, they must all accept bitcoin, and only a small portion that is not. I think, it is a sign that soon, bitcoin will be the epitome of gambling games on the Internet, even Bitcoin be the future of online gambling

cryptocortex

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I think entertainment is something that people are always going to look for, and in the crypto space this is not different, so I think Bitcoin will continue to attract businesses related to gambling, since things get easier with Bitcoin, and a series of bureaucratic procedures can be eliminated through the use of it.

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Quote from: ben.sawyer on March 04, 2017, 12:10:55 AM

People dont want to pay with their credit cards online and things like Paypal are not secured at all

Sure they do. If you look at some of the famous fiat casinos or poker sites you will see that they have more than 100K players online playing all kind of games.

Quote from: Japinat on March 04, 2017, 02:54:37 AM

When bitcoin was not introduced, we are really force to gamble using our credit cards or a bank transfer, worst scenario when your information get hack and chances are your money is gone.

And your accounts on gambling sites can't be hacked? Your online wallet can't be hacked?
Hm, who forced you to gamble with credit card? Did someone point gun on your head and said: gamble or die?

Quote from: Japinat on March 04, 2017, 02:54:37 AM

It's easier to gamble with bitcoin and they should be getting such convenience as what we enjoyed.

To be honest it is very hard to gamble with bitcoins, last time i had to wait several hours for 1 confirmation.

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Maybe no and maybe yes. it depends on each person use it for what bcause without people gamble is nothing. Grin

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I hope that it is because it is so easy to use and buy and sell but also because you can be anonymous and make money!

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Quote from: ShetKid on March 04, 2017, 11:58:21 AM

In my opinion I believe yes because of its anonymity and just how easy it is to acquire bitcoin these days.

Obviously though those who prefer to gamble online with cash will still do so but throughout the years I even had friends who went from gambling online with cash to gambling online with bitcoin

The adoption rate for bitcoin right now is quite low. People who gamble in online casino is so low that most of it could even gamble even in a country that forbid gambling so that is the reason why the adoption rate for bitcoin casino is low as well however in few years this thing is going to change , probably like 20 years from now

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Quote from: 8Habits on February 23, 2017, 05:53:03 PM

Quote from: Etaurith on December 15, 2016, 10:30:20 PM

Yes I think it is the future of online gambling because its easy fast and also very reliable I think it will be accepted more and more.

That is true mate, it is the future of online gambling - it is indeed the most advisable and the most convenient way to deposit for your bankroll and not to mention its anonymity.

What makes me a fan of bitcoin gambling is the classic dice game because its very very easy and because it can be verified I am sure that I am not cheated though I never verified my bets but since all do so I am also safe.

With bet365 you play hi-low game and you may win/loss and always in dilemma if they cheated since its not provably fair and hence we have to TRUST the bookmaker which is not in the case with bitcoins gambling, everything can be verified.

ShetKid

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In my opinion I believe yes because of its anonymity and just how easy it is to acquire bitcoin these days.

Obviously though those who prefer to gamble online with cash will still do so but throughout the years I even had friends who went from gambling online with cash to gambling online with bitcoin

shulio

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Quote from: gabmen on March 04, 2017, 10:15:49 AM

In this i think bitcoin has a very good chance of being the main currency in the gambling market. The features of bitcoin is basically suited for gambling sites and online casinos. Add to the fact that bitcoin's price is moving, i think btc can and will most likely take over the gaming industry.

The price of bitcoin has nothing to do with gambling industry usage , Even if the price going down by atlest 50 % most casino site will still list it as one of their options. Gambling site use it because of their anonimity and it is much easy to operate illegal site by using bitcoin so it will be a nice choice for most gambling site in the end

Labumi

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Quote from: traderethereum on November 04, 2016, 06:46:30 PM

not just bitcoin is the future of online gambling, but the other altcoin is have the same opportunity like bitcoin. we can see that in many gambling site, we can make deposit with doge, ltc, dash, eth so i don't think that only bitcoin for the future of online gambling.

Yup, bitcoin and also altcoin has the same opportunity. But for the next 5 years I see that the greatest opportunity is located in the bitcoin, for as we already know well. that this is now experiencing price increases that bitcoin is quite high and also the growth of user bitcoin higher, it indicates that the opportunity for future bitcoin is very large.But keep in mind that gambling has a condition that is a hazard if it does not get done the right way, because gambling is the Valley of the dark. So if we're wrong to step a little bit would be failed

Amadues

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Quote from: bitcoincasino.info on September 11, 2015, 03:53:53 AM

What are the chances for the most widespread cryptocurrency to become the de-facto universal payment solution in one of the most diverse segments of the Internet?

- Read full article HERE and don't forget to share your thoughts with us Wink

I don't know if btc could be in a future the best option for betting.
With tx fees increasing, tx delays seems a luxury spend btc for "gaming"

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Quote from: izanagi narukami on March 04, 2017, 05:18:53 AM

Bitcoin make a way itself to creater another path or another option for gambler to play.
IMO , bitcoin value keep increasing , I'm sure that people will interest on bitcoin in different way so it will attract more bitcoin gambler around the round

In this i think bitcoin has a very good chance of being the main currency in the gambling market. The features of bitcoin is basically suited for gambling sites and online casinos. Add to the fact that bitcoin's price is moving, i think btc can and will most likely take over the gaming industry.

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Quote from: Etaurith on December 15, 2016, 10:30:20 PM

Yes I think it is the future of online gambling because its easy fast and also very reliable I think it will be accepted more and more.

And with the introduction of games like dice and plinko which can be verified too this makes the evolution of bitcoin gambling even faster and to all my friends whom I introduced bitcoins they are now using it all for gambling Tongue

They thank me occasionally when they win for telling such a currency ( yeah they call it currency ) which has no restrictions.

Quote from: izanagi narukami on March 04, 2017, 05:18:53 AM

bitcoin value keep increasing , I'm sure that people will interest on bitcoin in different way so it will attract more bitcoin gambler around the round

Bitcoin got inheritedly more reasons why we chose and gambling is added to that pool to make bitcoins more preferred. No doubts that bitcoin will hit main stream of adoption for that gambling also will be playing vital role.

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Bitcoin make a way itself to creater another path or another option for gambler to play.
IMO , bitcoin value keep increasing , I'm sure that people will interest on bitcoin in different way so it will attract more bitcoin gambler around the round

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