Is Bitcoin the future of online gambling? - page 25.

jossiel

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Quote from: Thiago Motta on November 07, 2016, 04:45:47 PM

Considering its untraceability, for me yes, it is the best way to gamble online. One with a debt wouldn't want to be harassed by his bank about his hobby.

Many people wants to be relaxing as they gamble and because of bitcoin it made their dream possible. While just sitting in their homes.

They can now just simply gamble and have a chance of getting some profit out of it. And they don't have to visit the physical casino's.

They saved money for transportation and as well as effort.

Thiago Motta

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Considering its untraceability, for me yes, it is the best way to gamble online. One with a debt wouldn't want to be harassed by his bank about his hobby.

20kevin20

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Gambling simply took Bitcoin over, I mean now Bitcoin is mostly used for gambling purposes. This is somehow nice because its popularity has to come from somewhere but at the same time it's sad for us because we need to use it for business purposes, not gambling!

PHPSELLER

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The future of the bitcoin is good and I think more and more users will also gamble with it, you can already see that its growing, there are more casino's coming and also more users that want to play on these bitcoin casino's.

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Quote from: Corenin on August 10, 2016, 04:31:07 AM

I think most of the people are buying bitcoins for gambling as its very easy to gamble with bitcoin without disclosing the identity, so even if gambling is illegal in your country you can easily gamble with bitcoins.

Yes right, and with bitcoins the earnings or winnings can be cashed instantly. While in most casinos like betfair and others, you have to wait 24 hours for the withdraw to be processed plus there are deposit limits like 20$ minimum. With bitcoin dice games you can even deposit 1$ also.

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Quote from: icecube45 on August 11, 2016, 06:36:00 AM

Quote from: Aamir1 on August 11, 2016, 12:47:05 AM

Quote from: Corenin on August 10, 2016, 04:31:07 AM

I think most of the people are buying bitcoins for gambling as its very easy to gamble with bitcoin without disclosing the identity, so even if gambling is illegal in your country you can easily gamble with bitcoins.

Exactly... There are a lot of people buying bitcoins for such things because they dont need to identify themselves for anything being done with bitcoins as it is an anonymous coin and used widely in the world without any restrictions.

Yes it really was most bitcoin users like to gamble online. We can bet with bitcoin we got. If practically bitcoin future of online gambling I suppose it could be. But bitcoin is not just gambling and many other things such as trade, investment, etc.

And if you see the lending section they also take loans for gambling. So, actually gambling is one aspect that bitcoins have made effortlessly easy and comfortable. With the untraceable transactions and yet transparent of bitcoin payment system, we know that whatever we win or loss is private and can not be known to others.

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Quote from: virtualkeybuyer on November 06, 2016, 06:31:30 PM

Quote from: PacePay on November 06, 2016, 06:13:10 PM

Quote from: Doamader on November 05, 2016, 08:02:59 PM

Fiat has several restrictions and rules to follow and some countries doesnt allot to gamble, bitcoin since its decentralized no one will know if you are gambling or not, there is no way to them discover and yes bitcoin may turn if not is already the future to gamble online.

and with bitcoin even those citizens of countries can gamble who are banned from their state and even those people can gamble who cannot show themselves that they are gambling so with that way the bitcoin gambling is becoming more famous and the owners of these sites are earning high profit and the future of gambling is the payment of bitcoin only.

yes i agree with you because of these reasons now each gambling site will leave other currencies and will accept only bitcoin currency for their members to gamble on their sites.

Yeah, but the main reason is that bitcoin transaction in terms to gambling is very convenient and fast! Unlike in ordinary fiat money, you don't have to give your identifications and other necessary documents before you can have an account to that casino that accepts fiat money. In bitcoin, you can create account to these online casinos in a matter of minutes.

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Quote from: PacePay on November 06, 2016, 06:13:10 PM

Quote from: Doamader on November 05, 2016, 08:02:59 PM

Fiat has several restrictions and rules to follow and some countries doesnt allot to gamble, bitcoin since its decentralized no one will know if you are gambling or not, there is no way to them discover and yes bitcoin may turn if not is already the future to gamble online.

and with bitcoin even those citizens of countries can gamble who are banned from their state and even those people can gamble who cannot show themselves that they are gambling so with that way the bitcoin gambling is becoming more famous and the owners of these sites are earning high profit and the future of gambling is the payment of bitcoin only.

yes i agree with you because of these reasons now each gambling site will leave other currencies and will accept only bitcoin currency for their members to gamble on their sites.

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Quote from: Doamader on November 05, 2016, 08:02:59 PM

Fiat has several restrictions and rules to follow and some countries doesnt allot to gamble, bitcoin since its decentralized no one will know if you are gambling or not, there is no way to them discover and yes bitcoin may turn if not is already the future to gamble online.

and with bitcoin even those citizens of countries can gamble who are banned from their state and even those people can gamble who cannot show themselves that they are gambling so with that way the bitcoin gambling is becoming more famous and the owners of these sites are earning high profit and the future of gambling is the payment of bitcoin only.

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I think that bitcoin will play a large roll in the future of gambling. I think bitcoin is good for gambling and gambling is also good for bitcoin. Both could thrive because of the anonymity of bitcoin.

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Perhaps Bitcoin can be a new future currency for online gambling as well as many others cryptocurrency because of the secure and the transaction speed. According to my experience, most of the online gambling site are currently accepting Bitcoin. This is the revolution which brings many benefits to both players and casino owners. I think bitcoin will soon rule the gambling system

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Quote from: socks435 on November 06, 2016, 12:16:54 PM

Quote from: ricardobs on November 06, 2016, 12:10:35 PM

Quote from: goldcoinminer on August 10, 2016, 04:05:22 AM

Quote from: saiha on August 10, 2016, 02:18:55 AM

Quote from: abayan on August 10, 2016, 01:50:33 AM

Quote from: purebitco on August 09, 2016, 07:27:45 AM

Quote from: JasonXG on August 07, 2016, 07:38:41 PM

Quote from: bitbudda on July 24, 2016, 06:54:24 AM

yes, becouse it's so easy and faster

Easier faster and better. Better all round. Also cheaper or no fees and no records of your activity either. Way more private and safe.

thats true, bitcoin is really great for gambling, i think it also allows bitcoin to become bigger and bigger over time, in my opinion bitcoin will be huge

yup i agree on you both Cheesy

. using bitcoin it is pretty easy and fast the transaction of it Cheesy

That is why bitcoin is really seeing the potential about everything like online gambling because they can have fast transactions.

It is one of the good service about bitcoin and as well as the fees they are very cheap.

People would always prefer a faster transaction because we are living in a fast pace world, also with the faster transaction, it can easily grow the market and increase the circulation of bitcoin.

Hey, maybe there can be no confirmation deposit if the fees is properly paid and there are no unconfirmed inputs in the transaction. Actually if you see bitcoins solves the problem of verification and all, so I actually see a future of gambling with bitcoins.

But i think the future of bitcoin is not only for gambling and most of countries are banning gambling so i think here also in my country gambling can be ban even in online because they are talking about to ban gambling and asking for many isp or internetconnection to block those online casino online.. so bitcoin is not for gambling casino. and i think more adoption will come with bitcoin just like brazil that they are already accepting bitcoin as payment in few stores..

I heard that in the UK also some stores are accepting Bitcoin as payment, but I am not 100% sure. Yes in most of the countries are not accepting Bitcoin that is why people are using this coin for online gambling. Because of this Bitcoin, online gambling becomes easier to all gamblers. So I too believe that Bitcoin is the future of gambling.

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Quote from: ricardobs on November 06, 2016, 12:10:35 PM

Quote from: goldcoinminer on August 10, 2016, 04:05:22 AM

Quote from: saiha on August 10, 2016, 02:18:55 AM

Quote from: abayan on August 10, 2016, 01:50:33 AM

Quote from: purebitco on August 09, 2016, 07:27:45 AM

Quote from: JasonXG on August 07, 2016, 07:38:41 PM

Quote from: bitbudda on July 24, 2016, 06:54:24 AM

yes, becouse it's so easy and faster

Easier faster and better. Better all round. Also cheaper or no fees and no records of your activity either. Way more private and safe.

thats true, bitcoin is really great for gambling, i think it also allows bitcoin to become bigger and bigger over time, in my opinion bitcoin will be huge

yup i agree on you both Cheesy

. using bitcoin it is pretty easy and fast the transaction of it Cheesy

That is why bitcoin is really seeing the potential about everything like online gambling because they can have fast transactions.

It is one of the good service about bitcoin and as well as the fees they are very cheap.

People would always prefer a faster transaction because we are living in a fast pace world, also with the faster transaction, it can easily grow the market and increase the circulation of bitcoin.

Hey, maybe there can be no confirmation deposit if the fees is properly paid and there are no unconfirmed inputs in the transaction. Actually if you see bitcoins solves the problem of verification and all, so I actually see a future of gambling with bitcoins.

But i think the future of bitcoin is not only for gambling and most of countries are banning gambling so i think here also in my country gambling can be ban even in online because they are talking about to ban gambling and asking for many isp or internetconnection to block those online casino online.. so bitcoin is not for gambling casino. and i think more adoption will come with bitcoin just like brazil that they are already accepting bitcoin as payment in few stores..

ricardobs

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Quote from: goldcoinminer on August 10, 2016, 04:05:22 AM

Quote from: saiha on August 10, 2016, 02:18:55 AM

Quote from: abayan on August 10, 2016, 01:50:33 AM

Quote from: purebitco on August 09, 2016, 07:27:45 AM

Quote from: JasonXG on August 07, 2016, 07:38:41 PM

Quote from: bitbudda on July 24, 2016, 06:54:24 AM

yes, becouse it's so easy and faster

Easier faster and better. Better all round. Also cheaper or no fees and no records of your activity either. Way more private and safe.

thats true, bitcoin is really great for gambling, i think it also allows bitcoin to become bigger and bigger over time, in my opinion bitcoin will be huge

yup i agree on you both Cheesy

. using bitcoin it is pretty easy and fast the transaction of it Cheesy

That is why bitcoin is really seeing the potential about everything like online gambling because they can have fast transactions.

It is one of the good service about bitcoin and as well as the fees they are very cheap.

People would always prefer a faster transaction because we are living in a fast pace world, also with the faster transaction, it can easily grow the market and increase the circulation of bitcoin.

Hey, maybe there can be no confirmation deposit if the fees is properly paid and there are no unconfirmed inputs in the transaction. Actually if you see bitcoins solves the problem of verification and all, so I actually see a future of gambling with bitcoins.

OshiHugo

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I agree with that crypto currencies are the future of the online gambling, but Bitcoin is just one of many (even though it is the most known and used one)

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yes , because before bitcoin the online gambling was a unknown thing for me but when i entered in the bitcoin then i found the third way to make money by gambling soay be the big reason for online gambling .

iv4n

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Like with other topics that starts with " is bitcoin the..." in most cases my answer is that bitcoin have potential to be that. Will bitcoin be that, successfulness depends from many things.
Now we see that interest in bitcoin gambling is higher then ever before. Looks like this anonymity and fast registration without leaving to many documents is something that people generally like. From me its much better, bitcoin opened a new door for me, before I couldn't gamble on many sites cause I'm from Serbia, now with bitcoin I have much more freedom in choosing things.

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Since bitcoin is a cryptocurrency and is held electronically, its no wonder that it will be perfect for online gambling. Bitcoin will definitely be the future of online gambling, its just a matter of time. The anomity, easy to use, and its low fees will definitely attract gamblers all around the world

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The article is more than 1 year old and althoug I agree that Bitcoin, along with some other cryptos maybe, will become the only currency of online gambling in the future, this won't happen so fast as we might expect unfortunately. And although "the number of businesses accepting BTC payments has been growing rapidly for are considerable period already" as the article is saying indeed is true, there are still only a small part of businesses who are accepting BTC payments.

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Quote from: Ocytrem on November 05, 2016, 08:12:36 PM

I think it is because its easy to pay with it and you can do a lot of things with it too, its a nice payment and for a lot of people more anonymous too so that makes it also pretty good.

Bitcoin is very flexible payment method and gambling also providing anonymous services as like the spirit of it, from my point of view the big reason why people like to play after winning huge amount we don't need to upload our personal documents to get release the funds, that is why bitcoin growing more faster.

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