Topic: Is Bitcoin the future of online gambling? - page 26. (Read 31561 times)
Bitcoin is surely future of the online gambling industry. There are already many online casinos which embraced bitcoin as method of payment because it is good for both parties players and owners at the same time. It resolved the issues with privacy and heavy fees of transaction and made the gambling more faster and reliable. Bitcoin already has become inevitable part of online gambling.
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.
Yes,it is easy to make deposit and withdrawal transaction. Very convenient to used wherever you are as long as you are online or having an internet connection. Easy to cash out too,as long as you have local exchanges.
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i think bitcoin is the future for online gambling as bitcoin is the major coins and the first cryptocurrency that introduce to people and depend on the other coins, bitcoin have a high value and we can withdraw it into fiat directly when we win the games.
We can observe another step of evolution of cryptocurrency gambling. Fully decentralized gambling services running as smart contracts on Ethereum's blockchain.
I am talking mainly about vDice project - if developers of vDice will play that right, we could have a real 'trustless' gambling service in our hand.
I am talking mainly about vDice project - if developers of vDice will play that right, we could have a real 'trustless' gambling service in our hand.
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.
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.
I think yes, bitcoin can be the future of online gambling site, because it's more secure than any others currency from banks or credit card number.
Also, It's easy to use ( for deposit and withdraw )
It's more valuable than any currency, peoples can trust it.
Absolutely agree with you. At present, no Fiat is as safe as Bitcoin. And bitcoin is now the fastest currency in the world because you can send bitcoin from your place to the moon LOL. And gambling requires a fast and secure currency which can be used flexibly online by players in order to make fast bet and fast gamble Also, It's easy to use ( for deposit and withdraw )
It's more valuable than any currency, peoples can trust it.
Now a days more and more casinos begin to accept Bitcoin and this is the trend and necessity to succeed in this business.Bitcoin is future of online gambling casinos and this many casino already realized and the acceptance procedure is seen fast.
Besides acceptance of bitcoin in online casinos, a lot of new bitcoin casinos are opening every month that just accepts bitcoin as a payment and they are already getting a lot of success among bitcoin users, so it is obviously the future of online casinos.
I think yes, bitcoin can be the future of online gambling site, because it's more secure than any others currency from banks or credit card number.
Also, It's easy to use ( for deposit and withdraw )
It's more valuable than any currency, peoples can trust it.
I agree all points except more secure than credit cards and Banks. Yes, Bitcoin is booming currency in Digital currency world, but it is not secure than Banks. Yes if any fraud happens in Bitcoin transaction we can not track that transaction. There is no much security for this Bitcoin transaction. Other than this I agree that Bitcoin currency is the King of Digital currency. And because of this online gambling becoming more famous. Also, It's easy to use ( for deposit and withdraw )
It's more valuable than any currency, peoples can trust it.
I think yes, bitcoin can be the future of online gambling site, because it's more secure than any others currency from banks or credit card number.
Also, It's easy to use ( for deposit and withdraw )
It's more valuable than any currency, peoples can trust it.
Also, It's easy to use ( for deposit and withdraw )
It's more valuable than any currency, peoples can trust it.
I think that it is quite doubtful whether Bitcoin can become the main currency to use in everyday life but it is very likely to become central for online casinos. Firstly, because it is easier when there is something universal for people from all countries to gamble. Secondly, bitcoin and casino have a few things in common. They are both mostly illegal or on indefinite law status and they both involve risk, because yu can win or lose in casino and BTC price can grow or go down.
I don't agree that Bitcoin nor gambling is mostly illegal. Yes - Bitcoin can be abused and used for illegal stuff and gambling in some cases may be illegal as well, but that doesn't mean that using bitcoin opr gambling is mostly illegal even though a lot of people think so.
if bitcoin is always evolving, so bitcoin will always be present in the online gambling site, in fact it might be the logo of the chips that are used as a means of payment in the gambling site. Well, bitcoin is suitable to be used as a means of transaction in gambling sites, especially in great gambling sites .
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 on bitcoin casinos bypassing any country’s regulations. Bitcoin unlike Federal Reserve’s introduces the concept of virtual currency which is based on a mathematical formula. This is the rise of a decentralized, safe gambling environment. This is so because anyone can access the software and convert the Bitcoins. The online gambling industry is experiencing a revolution that is overly favorable to the gambler. The Bitcoin unlike most systems does not require one to fill an authentic record of information but instead offers pseudo accounts where gamblers have no physical links pointing to them. The technology allows for a single user to hold as many accounts as they please with varying addresses.
This is great, and a lot of it is true, but one part I didn't like:
"The online gambling industry is experiencing a revolution that is overly favorable to the gambler"
I'd dispute this. Casinos and sites are still raking in the money and all the games are still very much so skewed in favour of the house. It's become a lot easier for gamblers to start gambling and sustain it in the era of bitcoin, but let's not forget all of that money ends up in the pockets of the sites.
I think that it is quite doubtful whether Bitcoin can become the main currency to use in everyday life but it is very likely to become central for online casinos. Firstly, because it is easier when there is something universal for people from all countries to gamble. Secondly, bitcoin and casino have a few things in common. They are both mostly illegal or on indefinite law status and they both involve risk, because yu can win or lose in casino and BTC price can grow or go down.
you're right there dude also bitcoin provides anonymity which is quite safer for gamblers. it is highly possible that instead of bitcoin challenging the dollar or other fiat currencies, it would mostly be used in online gambling and casinos.
I think that it is quite doubtful whether Bitcoin can become the main currency to use in everyday life but it is very likely to become central for online casinos. Firstly, because it is easier when there is something universal for people from all countries to gamble. Secondly, bitcoin and casino have a few things in common. They are both mostly illegal or on indefinite law status and they both involve risk, because yu can win or lose in casino and BTC price can grow or go down.
i am not sure if bitcoin is the future of online gambling
online gambling still have payment method like skrill okpay etc
but for now bitcoin is the best way for anonymous players
online gambling still have payment method like skrill okpay etc
but for now bitcoin is the best way for anonymous players
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.
common people will not aware about altcoin existence.they will only use bitcoin as too many confusing altcoin and not reliable too.
even some people still have a doubt in bitcoin , so i guess only bitcoin become the only cryptocurrency for future of online gambling.
Actually Bitcoin isn't really user-friendly and it was never meant to become something like this. Technically it's just a protoype.
So I doubt that mainsteram will ever use (only) Bitcoin and no other cryprocurrencies.
No actually to do gambling the Bitcoin is more user-friendly. That is why all gamblers prefer Bitcoin to use their gambling activities. And yes there are more cryptocurrencies are there in the market, but no one will become famous like Bitcoin. So I think in future this Bitcoin will rule the online gambling.
The right word is bitcoin transactions are anonymous and many gamblers want to hide their transaction details for online gambling and no need of having to validate your personal details to withdraw your money. So it is becoming popular day by day and because of this reason bitcoins demand is growing as of now.
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.
But the fact is that bitcoin has more wide opportunity to play with huge variety of casinos, other altcoins have limited choice and accepted by only few casinos that is why I think bitcoin has more bright future, bitcoin is most love cryptocurrency and it's future of online gambling.
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.
common people will not aware about altcoin existence.they will only use bitcoin as too many confusing altcoin and not reliable too.
even some people still have a doubt in bitcoin , so i guess only bitcoin become the only cryptocurrency for future of online gambling.
Actually Bitcoin isn't really user-friendly and it was never meant to become something like this. Technically it's just a protoype.
So I doubt that mainsteram will ever use (only) Bitcoin and no other cryprocurrencies.
No actually to do gambling the Bitcoin is more user-friendly. That is why all gamblers prefer Bitcoin to use their gambling activities. And yes there are more cryptocurrencies are there in the market, but no one will become famous like Bitcoin. So I think in future this Bitcoin will rule the online gambling.
Exactly, we can choose different games from different gambling sites and that is the better way to enjoy. In addition the amount required to gamble is very low so we can enjoy more in gambling although we have only a limited amount of money.
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.
common people will not aware about altcoin existence.they will only use bitcoin as too many confusing altcoin and not reliable too.
even some people still have a doubt in bitcoin , so i guess only bitcoin become the only cryptocurrency for future of online gambling.
Actually Bitcoin isn't really user-friendly and it was never meant to become something like this. Technically it's just a protoype.
So I doubt that mainsteram will ever use (only) Bitcoin and no other cryprocurrencies.
No actually to do gambling the Bitcoin is more user-friendly. That is why all gamblers prefer Bitcoin to use their gambling activities. And yes there are more cryptocurrencies are there in the market, but no one will become famous like Bitcoin. So I think in future this Bitcoin will rule the online gambling.
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