Is Bitcoin the future of online gambling? - page 13.

yueno

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Yueno

Quote from: emberbekas on March 04, 2017, 03:51:45 AM

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.

Currently, bitcoin and other type of cryptocurrencies are the perfect thing to meet the needs of gamblers. Bitcoin is able to provide a lot of convenience that will not be obtained when we use fiat. I am sure more and more casinos will accept bitcoin as their payment method and bitcoin for sure can survive for a longer time.

Yes it is perfect to be the universal online gambling because bitcoin has bitcoin address which is the blockchain which can easily transact the money to the other one wallet address. So it is better to fund this wallet or to withdraw this wallet to a better one. And blockchain is the most trusted wallet address.

emberbekas

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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.

Currently, bitcoin and other type of cryptocurrencies are the perfect things to meet the needs of gamblers. Bitcoin is able to provide a lot of convenience that will not be obtained when we use fiat. I am sure more and more casinos will accept bitcoin as their payment method and bitcoin for sure can survive for a longer time.

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In some countries, gambling is criminal and the profit you get from gambling is not legitimate because the government can't take taxes from that. And now bitcoin come to give all gambler solution for this problem. With anonymous system, bitcoin can give an easy for who deposit and earn money from gambling site with bitcoin.
So if say bitcoin is the future of online gambling, I may say yes.

Japinat

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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.

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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.

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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 think this is not only for the future but actually it is currently using by the gamblers and the bookies to make gambling .
Currently about 99% of the online gambler are using Bitcoin and some crypto currency to make gambling .
So here no doubt that tmdue to Bitcoin and some famouse altcoins the gambling in the online internet increasing reapidly .
According to the current status of use of Bitcoin in gambling directly saying that what will happen in the future with the Bitcoin gambling .

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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

Exactly, your account may be hold when you are using a regulated service, especially when in your country gambling is illegal. Bitcoin makes it easier for us who wants to enjoy anytime, and with the very low minimum deposit and lax or requirements to sign is very enticing to us.
I'm sure if we will continue to support this, it will transform into a bigger ones and since the trend in the future is online gambling then the growth of online gambling will help the demand of bitcoin to increase as well.

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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.

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Has long as Bitcoins and other altcoins remain decentralized the will be more suited for gambling as customer verifications are weaved off with a few exceptions as pundits dread the process of KYC.

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Quote from: Natalim on March 04, 2017, 12:09:08 AM

Quote from: yueno on March 03, 2017, 10:54:46 PM

Yes it is as you know that the bitcoin increase actually the number of country that knows about bitcoin year by year. So the moment that all countries know about bitcoin it will be impact of the economy of each country and later it will be the universal currency of the world. As the new world order provided by the philippines president.

What exactly are you talking about, bitcoin does not give big impact with only one country especially the Philippines which is considered as small country. Also, what we are talking here is about future online gambling which most of us perceive that will be dominated by Bitcoin.
The experience that gamblers are enjoying now is something we can share with other people who loves to gamble as well, if they can learn the basics on how to use and operate bitcoin, it will be easy for them to adopt and the bitcoin gambling industry will surely make a substantial growth for years to come.

the only thing about Philipinies that i can remember is that their president was trying to regulate the online gambling and earn some money from txing them but in the end, this tast proved to be harder than it looked like so he announced online gambling illegal because he couldn't tax it.
and that can lead to more bitcoin adoption since it allows them to gamble online.

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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

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Quote from: yueno on March 03, 2017, 10:54:46 PM

Yes it is as you know that the bitcoin increase actually the number of country that knows about bitcoin year by year. So the moment that all countries know about bitcoin it will be impact of the economy of each country and later it will be the universal currency of the world. As the new world order provided by the philippines president.

What exactly are you talking about, bitcoin does not give big impact with only one country especially the Philippines which is considered as small country. Also, what we are talking here is about future online gambling which most of us perceive that will be dominated by Bitcoin.
The experience that gamblers are enjoying now is something we can share with other people who loves to gamble as well, if they can learn the basics on how to use and operate bitcoin, it will be easy for them to adopt and the bitcoin gambling industry will surely make a substantial growth for years to come.

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Bitcoin becomes currency of the internet but still lots of people dont know what bitcoin is. Most of is old school man. Some of people know bitcoin but like to touch and feel the money. Rest of like us gamble online. I bet for football matchs with paper money before bitcoin. I didnt bet football mathces with paper money since 8-9 months. Bettin only horseracing with paper money coz there isnt any site Turkey's horse racing bets with bitcoin.

I belive after 2 years %60 of gamblers bet with bitcoin.

yueno

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Yueno

Yes it is as you know that the bitcoin increase actually the number of country that knows about bitcoin year by year. So the moment that all countries know about bitcoin it will be impact of the economy of each country and later it will be the universal currency of the world. As the new world order provided by the philippines president.

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Quote from: uncle-monty on March 03, 2017, 04:36:23 PM

I think bitcoin will become the native currency of the internet so it will be the future of all things done online, not just online gambling. People will laugh at the idea that once we had to use a credit card to shop or gamble online.

I do believe also that seeing the demand of bitcoin. It's amazing that many are getting attracted to shift into bitcoin gambling. Because of anonymity, many doesn't want to expose their information when they are into gambling. And many will like that feature of bitcoin, so instead of gambling with fiat or going to physical casino's, they will prefer to bitcoin gamble.

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Quote from: uncle-monty on March 03, 2017, 04:36:23 PM

I think bitcoin will become the native currency of the internet so it will be the future of all things done online, not just online gambling.

Basically, since bitcoin was operating online, then it's really a common thinking that it will dominate all of the money transactions online and that will include online shopping, remittances and online gamblng. Bitcoin becoming an internet currency is already happening today especially for those persons that already involved and regularly uses bitcoin for their transactions including gambling activities.

Quote from: uncle-monty on March 03, 2017, 04:36:23 PM

People will laugh at the idea that once we had to use a credit card to shop or gamble online.

So you are laughing now that once we have only salt as medium of transaction?

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I think bitcoin will become the native currency of the internet so it will be the future of all things done online, not just online gambling. People will laugh at the idea that once we had to use a credit card to shop or gamble online.

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Quote from: geopolisch on March 03, 2017, 04:31:49 AM

Quote from: yrreg ger on March 03, 2017, 04:18:43 AM

If gambling was banned, there's a possibility to use bitcoin in online gambling.

Yes, there are lot of conveniences to use bitcoin as a currency for our gambling. Bitcoin has already find a big position with gambling industry, I believe this might help both bitcoin as well as this industry.

Yup Of course many will use bitcoin if the gambling was banned. Why? They can't stop gambling, because they addicted in gambling so the safe ways to gamble is bitcoin. But It's impossible to ban gambling.

If some BIG gambling companies will introduce the advantages of gambling with bitcoin. And they use it as they're playing coins I think many will use it too, and it will future of online gambling.

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Quote from: joshy23 on March 03, 2017, 12:42:50 PM

I think bitcoin has a good chance to become the future of gambling because anyone can just deposit using their wallet to any online gaming site without hassle and usually very fast transaction then you can start to play. Another thing is that bitcoin is pseudo anonymous, so no one will know your real identity unless you do illegal like trying to trick or hack online casino to get money to your wallet, you will be fine.

Yes, I agree with you. Many gamblers like to paly online, but they still use credit card in famous traditional gambling sites. They don't know much about bitcoin yet, but in the future I'm sure they will prefer to gamble with bitcoins.
The profit can be higher, as bitcoin takes more value within time and it's easier to start gambling, no banks difficulty and no prohibitions from some countries, the pseudo anonymous feature is very good for legit gamblers.

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I think bitcoin has a good chance to become the future of gambling because anyone can just deposit using their wallet to any online gaming site without hassle and usually very fast transaction then you can start to play. Another thing is that bitcoin is pseudo anonymous, so no one will know your real identity unless you do illegal like trying to trick or hack online casino to get money to your wallet, you will be fine.

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