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Topic: Is Bitcoin the future of online gambling? - page 17. (Read 31561 times)

full member
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December 12, 2016, 08:15:34 AM
Of course, you don't pay any taxes ...
sr. member
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December 12, 2016, 03:25:52 AM
Certainly it could be depending upon its acceptance worldwide firstly and secondly if country allows the gambling as legal for that matter. So bitcoin could be future of online gambling but still need wait for a long time to see many gambling site will accept bitcoin as a one of a payment.
Bitcoin has already taken over the gambling industry and if you look at all the gambling sites major sites will accept bitcoin soon and there are new business ventures started because bitcoin existed and so bitcoin is currently leading the gambling industry as you can see big whales in bitcoin based gambling sites wagging hundreds of bitcoins per day.
hero member
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December 12, 2016, 03:21:16 AM
Certainly it could be depending upon its acceptance worldwide firstly and secondly if country allows the gambling as legal for that matter. So bitcoin could be future of online gambling but still need wait for a long time to see many gambling site will accept bitcoin as a one of a payment.

We can already see what is happening with bitcoin gambling now. And I must say that bitcoin has the potential to conquer the gambling industry. Because of its characteristics and all of its good qualities are being liked too many gamblers, investors and gambling site owners.
hero member
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December 12, 2016, 03:08:04 AM
Certainly it could be depending upon its acceptance worldwide firstly and secondly if country allows the gambling as legal for that matter. So bitcoin could be future of online gambling but still need wait for a long time to see many gambling site will accept bitcoin as a one of a payment.

Definitely bitcoin brings the great security regarding payment issues, it take some time to go to mainstream to become the popular cryptocurrency surely bitcoin is future of online gambling, in recent surveys showing this how bright future online gambling have with bitcoin.
hero member
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December 12, 2016, 02:46:55 AM
Certainly it could be depending upon its acceptance worldwide firstly and secondly if country allows the gambling as legal for that matter. So bitcoin could be future of online gambling but still need wait for a long time to see many gambling site will accept bitcoin as a one of a payment.
hero member
Activity: 3038
Merit: 634
December 12, 2016, 02:35:01 AM
Bitcoin and gambling have a mutually beneficial relationship. Many new gambling sites popping up nowadays because of bitcoin and due to this fact I guess bitcoin will be used for a very long time. Bitcoin is easier to use, simple, anonymous and for sure better than fiat in conjunction with gambling activities.
But I have another idea in my mind about many new gambling sites pop up with bitcoin payment and that is people like to gamble using their bitcoin and everyone know that bitcoin gambling sites are earning a good income because of a huge traffic to them so everyone want to have their own bitcoin gambling site.

That is because everyone is seeing that bitcoin gambling industry is going to be vast increasing its popularity in the world of crypto.

And for those people who are sick of being taxed before they can cash out their profit from the usual gambling site.

They will prefer to choose and use the new trend of bitcoin gambling because of its cheaper fees and anonymity.
the main goal of them is high amount of bets they get in their gambling casino and that is achieved to them only with bitcoin platform so they will never leave that field and they are now on that platform forever so bitcoin payment is the future of gambling sites and they will not think about any other payment system as bitcoin is doing all for them which they need/want.

No doubt that online gambling casino's are aiming for higher profit and they can see the advantage of it with bitcoin.

So for sure they are going to upgrade and develop their gambling sites with bitcoin and for sure there are going to be a lot of it in the future.

Aside from its fees are cheaper, all of the gamblers are in favor of bitcoin.
hero member
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December 12, 2016, 01:53:03 AM
Maybe, as the most popular online currency Bitcoin currently used widely on the internet. I know there are over a million users in bitcoin are in gambling at the same time bitcoins increases in value without any indication that it should stop. Bitcoin casinos have taken online gambling to a whole new level, not only because they offer gamblers the advantage to play anonymously but also, because anyone anywhere in the world can gamble bitcoin casinos without any hassle.

Yes it made gambling to the new level and higher level of gambling because of it, we don't have to register our information so that we can start gambling. And that is what the anonymity of bitcoin gambling is being useful because we can hide our identity and our parents won't know that we are engaged with this type of activity.
newbie
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December 12, 2016, 01:33:02 AM
Maybe, as the most popular online currency Bitcoin currently used widely on the internet. I know there are over a million users in bitcoin are in gambling at the same time bitcoins increases in value without any indication that it should stop. Bitcoin casinos have taken online gambling to a whole new level, not only because they offer gamblers the advantage to play anonymously but also, because anyone anywhere in the world can gamble bitcoin casinos without any hassle.
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December 12, 2016, 01:25:52 AM
Bitcoin and gambling have a mutually beneficial relationship. Many new gambling sites popping up nowadays because of bitcoin and due to this fact I guess bitcoin will be used for a very long time. Bitcoin is easier to use, simple, anonymous and for sure better than fiat in conjunction with gambling activities.
But I have another idea in my mind about many new gambling sites pop up with bitcoin payment and that is people like to gamble using their bitcoin and everyone know that bitcoin gambling sites are earning a good income because of a huge traffic to them so everyone want to have their own bitcoin gambling site.

That is because everyone is seeing that bitcoin gambling industry is going to be vast increasing its popularity in the world of crypto.

And for those people who are sick of being taxed before they can cash out their profit from the usual gambling site.

They will prefer to choose and use the new trend of bitcoin gambling because of its cheaper fees and anonymity.

Bitcoin in gambling is getting popularity more and more. It also gaining the attention of gamblers who have been into gambling using fiat. Bitcoin is a high store of value, which helps placing high betting amounts with ease than using transaction through banks.
hero member
Activity: 3052
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December 11, 2016, 10:40:11 PM
Bitcoin and gambling have a mutually beneficial relationship. Many new gambling sites popping up nowadays because of bitcoin and due to this fact I guess bitcoin will be used for a very long time. Bitcoin is easier to use, simple, anonymous and for sure better than fiat in conjunction with gambling activities.
But I have another idea in my mind about many new gambling sites pop up with bitcoin payment and that is people like to gamble using their bitcoin and everyone know that bitcoin gambling sites are earning a good income because of a huge traffic to them so everyone want to have their own bitcoin gambling site.

That is because everyone is seeing that bitcoin gambling industry is going to be vast increasing its popularity in the world of crypto.

And for those people who are sick of being taxed before they can cash out their profit from the usual gambling site.

They will prefer to choose and use the new trend of bitcoin gambling because of its cheaper fees and anonymity.
the main goal of them is high amount of bets they get in their gambling casino and that is achieved to them only with bitcoin platform so they will never leave that field and they are now on that platform forever so bitcoin payment is the future of gambling sites and they will not think about any other payment system as bitcoin is doing all for them which they need/want.
The present situation the Bitcoin is ruling online gambling. With this BTC people are doing big amount betting. Yes, this BTC helps people to do huge amount betting without any restriction. And no government will catch us. And this process is very easy with very less transaction fee. But now in the market, there are other cryptocurrencies are entered let's see what happen in future.
It's happening already, bitcoin is popular also because of gambling. There are a lot of gamblers in this world who would like to have fun and they found it in bitcoin due to no restriction in terms of legality. We are allowed to gamble anytime we want and just doing it in our comfort place as long as we have the internet connection. Surely, we are disrupting the business operations of legitimate gambling sites and we are a big threat to them.
hero member
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December 11, 2016, 10:21:21 PM
Bitcoin and gambling have a mutually beneficial relationship. Many new gambling sites popping up nowadays because of bitcoin and due to this fact I guess bitcoin will be used for a very long time. Bitcoin is easier to use, simple, anonymous and for sure better than fiat in conjunction with gambling activities.
But I have another idea in my mind about many new gambling sites pop up with bitcoin payment and that is people like to gamble using their bitcoin and everyone know that bitcoin gambling sites are earning a good income because of a huge traffic to them so everyone want to have their own bitcoin gambling site.

That is because everyone is seeing that bitcoin gambling industry is going to be vast increasing its popularity in the world of crypto.

And for those people who are sick of being taxed before they can cash out their profit from the usual gambling site.

They will prefer to choose and use the new trend of bitcoin gambling because of its cheaper fees and anonymity.
the main goal of them is high amount of bets they get in their gambling casino and that is achieved to them only with bitcoin platform so they will never leave that field and they are now on that platform forever so bitcoin payment is the future of gambling sites and they will not think about any other payment system as bitcoin is doing all for them which they need/want.
The present situation the Bitcoin is ruling online gambling. With this BTC people are doing big amount betting. Yes, this BTC helps people to do huge amount betting without any restriction. And no government will catch us. And this process is very easy with very less transaction fee. But now in the market, there are other cryptocurrencies are entered let's see what happen in future.
sr. member
Activity: 378
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BULL RUN until 2030
December 11, 2016, 10:11:48 PM
Bitcoin and gambling have a mutually beneficial relationship. Many new gambling sites popping up nowadays because of bitcoin and due to this fact I guess bitcoin will be used for a very long time. Bitcoin is easier to use, simple, anonymous and for sure better than fiat in conjunction with gambling activities.
But I have another idea in my mind about many new gambling sites pop up with bitcoin payment and that is people like to gamble using their bitcoin and everyone know that bitcoin gambling sites are earning a good income because of a huge traffic to them so everyone want to have their own bitcoin gambling site.

That is because everyone is seeing that bitcoin gambling industry is going to be vast increasing its popularity in the world of crypto.

And for those people who are sick of being taxed before they can cash out their profit from the usual gambling site.

They will prefer to choose and use the new trend of bitcoin gambling because of its cheaper fees and anonymity.
the main goal of them is high amount of bets they get in their gambling casino and that is achieved to them only with bitcoin platform so they will never leave that field and they are now on that platform forever so bitcoin payment is the future of gambling sites and they will not think about any other payment system as bitcoin is doing all for them which they need/want.
for sure it will not be removed anymore because of players convenient and the house enjoy together with many gamblers who's playing with it from time to time as we see how useful btc for the gambling society and how did he make it simple for us.
Gambling made easy because of bitcoin so we can tell now that gambling industry will continue to boom because of gambling. Why would it be remove? Only the government can but they do not have interest maybe.
hero member
Activity: 756
Merit: 500
December 11, 2016, 07:51:54 PM
Bitcoin and gambling have a mutually beneficial relationship. Many new gambling sites popping up nowadays because of bitcoin and due to this fact I guess bitcoin will be used for a very long time. Bitcoin is easier to use, simple, anonymous and for sure better than fiat in conjunction with gambling activities.
But I have another idea in my mind about many new gambling sites pop up with bitcoin payment and that is people like to gamble using their bitcoin and everyone know that bitcoin gambling sites are earning a good income because of a huge traffic to them so everyone want to have their own bitcoin gambling site.

That is because everyone is seeing that bitcoin gambling industry is going to be vast increasing its popularity in the world of crypto.

And for those people who are sick of being taxed before they can cash out their profit from the usual gambling site.

They will prefer to choose and use the new trend of bitcoin gambling because of its cheaper fees and anonymity.
the main goal of them is high amount of bets they get in their gambling casino and that is achieved to them only with bitcoin platform so they will never leave that field and they are now on that platform forever so bitcoin payment is the future of gambling sites and they will not think about any other payment system as bitcoin is doing all for them which they need/want.
for sure it will not be removed anymore because of players convenient and the house enjoy together with many gamblers who's playing with it from time to time as we see how useful btc for the gambling society and how did he make it simple for us.
hero member
Activity: 644
Merit: 500
December 11, 2016, 03:13:04 PM
Bitcoin and gambling have a mutually beneficial relationship. Many new gambling sites popping up nowadays because of bitcoin and due to this fact I guess bitcoin will be used for a very long time. Bitcoin is easier to use, simple, anonymous and for sure better than fiat in conjunction with gambling activities.
But I have another idea in my mind about many new gambling sites pop up with bitcoin payment and that is people like to gamble using their bitcoin and everyone know that bitcoin gambling sites are earning a good income because of a huge traffic to them so everyone want to have their own bitcoin gambling site.

That is because everyone is seeing that bitcoin gambling industry is going to be vast increasing its popularity in the world of crypto.

And for those people who are sick of being taxed before they can cash out their profit from the usual gambling site.

They will prefer to choose and use the new trend of bitcoin gambling because of its cheaper fees and anonymity.
the main goal of them is high amount of bets they get in their gambling casino and that is achieved to them only with bitcoin platform so they will never leave that field and they are now on that platform forever so bitcoin payment is the future of gambling sites and they will not think about any other payment system as bitcoin is doing all for them which they need/want.
hero member
Activity: 3038
Merit: 634
December 11, 2016, 02:20:57 PM
Bitcoin and gambling have a mutually beneficial relationship. Many new gambling sites popping up nowadays because of bitcoin and due to this fact I guess bitcoin will be used for a very long time. Bitcoin is easier to use, simple, anonymous and for sure better than fiat in conjunction with gambling activities.
But I have another idea in my mind about many new gambling sites pop up with bitcoin payment and that is people like to gamble using their bitcoin and everyone know that bitcoin gambling sites are earning a good income because of a huge traffic to them so everyone want to have their own bitcoin gambling site.

That is because everyone is seeing that bitcoin gambling industry is going to be vast increasing its popularity in the world of crypto.

And for those people who are sick of being taxed before they can cash out their profit from the usual gambling site.

They will prefer to choose and use the new trend of bitcoin gambling because of its cheaper fees and anonymity.
hero member
Activity: 826
Merit: 502
December 11, 2016, 01:30:04 PM
Bitcoin and gambling have a mutually beneficial relationship. Many new gambling sites popping up nowadays because of bitcoin and due to this fact I guess bitcoin will be used for a very long time. Bitcoin is easier to use, simple, anonymous and for sure better than fiat in conjunction with gambling activities.
But I have another idea in my mind about many new gambling sites pop up with bitcoin payment and that is people like to gamble using their bitcoin and everyone know that bitcoin gambling sites are earning a good income because of a huge traffic to them so everyone want to have their own bitcoin gambling site.
hero member
Activity: 910
Merit: 523
December 11, 2016, 01:22:44 PM
Since bitcoin is the coin that is always being used on every gambling sites here in the internet then I'm going to say yes. Bitcoin is the future of online gambling because they earn big with this coin everyday obviously because bitcoin is the only coin that have the highest price in all of the cryptocurrencies here in the internet, so that is why this is the most popular coin that is using in most gambling sites. Using other coins, like ETH and DOGE on gambling sites are fewer compared to gambling sites that use bitcoin.
Bitcoin is more popular than any other cryptocurrency and people love to use it, that's why there are so many gambling sites offered bitcoin payment instead of other coins even there is gambling sites promoted ETH. Bitcoin and gambling just a perfect match which users could easily involved in every bet they want to and no need I'd verification to sign up, all we need is a bitcoin wallet. As we can see there are so many developing gambling sites advertise their advantages to compete each other.
hero member
Activity: 896
Merit: 1000
December 11, 2016, 01:06:58 PM
Id say gambling and retail is a very strong probability.

There's no doubt about it that gambling will be the best industry and it is going to boom in the near future and also with retailing I can see the possibility there. But let's go back with gambling, there are a lot of investors that are seeing that gambling is way better than other types of investment and a lot of advantage is giving to the gamblers by bitcoin gambling.

Oh yeah as an investment option pockets run deep.
sr. member
Activity: 294
Merit: 250
Oshi.io
December 11, 2016, 12:32:43 PM
Does anyone have some numbers? Like % of online gambling with fiat/bitcoin? It would be really interesting. But I would say that BITcoin can have like <5% of online gambling industry.

its not easy to make some surveys to know online gambling with fiat/bitcoin because not all people want fill the surveys and they will prefer not to answer it. especially in bitcoin, we don't know where the amount destination, is it for playing gambling or for buying some products. i think its more than 5% bitcoin is use in online gambling industry.
well no doubt this number is increasing, but I guess it is quite low now. I mean online gambling is really great industry..
hero member
Activity: 924
Merit: 505
December 11, 2016, 09:19:03 AM
Since bitcoin is the coin that is always being used on every gambling sites here in the internet then I'm going to say yes. Bitcoin is the future of online gambling because they earn big with this coin everyday obviously because bitcoin is the only coin that have the highest price in all of the cryptocurrencies here in the internet, so that is why this is the most popular coin that is using in most gambling sites. Using other coins, like ETH and DOGE on gambling sites are fewer compared to gambling sites that use bitcoin.
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