Pages:
Author

Topic: Is Bitcoin the future of online gambling? - page 3. (Read 31561 times)

legendary
Activity: 1316
Merit: 1011
It is possible, with all the easy access inside the bitcoin it can all happen, but there is a need for strict supervision with regulation for underage age Cheesy

Since bitcoin transactions, no one trace and bitcoin gambling sites don't want to do any verification about the players. Because that will affect that bitcoin's anonymity function. So I don't think these bitcoin casinos can put any restrictions on any underage people not to access the site. It is players responsibility not to go for gambling if they can't control themselves on when to stop.

If we assumed that online gambling sites required verification than mostly players will be avoid to play online gambling, also me i avoid to give the personal information in online gambling sites. I don't think that it should be necessary, without verification we  can play online gambling than it mean it is not a necessary. But your point is right, it is our responsibility not play gambling in a bad way.   

I will also not support for this Bitcoin verification, to avoiding this we are using bitcoins to play gambling. If they introduced this verification method, then no people will use bitcoin to play gambling. And it is not possible the casino will not ready to lose their business, so they will not introduce this method. And i agree that we must play gambling in right way, don't choose this game for make money.

hero member
Activity: 588
Merit: 500
It is possible, with all the easy access inside the bitcoin it can all happen, but there is a need for strict supervision with regulation for underage age Cheesy

Since bitcoin transactions, no one trace and bitcoin gambling sites don't want to do any verification about the players. Because that will affect that bitcoin's anonymity function. So I don't think these bitcoin casinos can put any restrictions on any underage people not to access the site. It is players responsibility not to go for gambling if they can't control themselves on when to stop.

If we assumed that online gambling sites required verification than mostly players will be avoid to play online gambling, also me i avoid to give the personal information in online gambling sites. I don't think that it should be necessary, without verification we  can play online gambling than it mean it is not a necessary. But you point is right, it is our responsibility not play gambling in a bad way.   
sr. member
Activity: 756
Merit: 294
It is possible, with all the easy access inside the bitcoin it can all happen, but there is a need for strict supervision with regulation for underage age Cheesy

Since bitcoin transactions, no one trace and bitcoin gambling sites don't want to do any verification about the players. Because that will affect that bitcoin's anonymity function. So I don't think these bitcoin casinos can put any restrictions on any underage people not to access the site. It is players responsibility not to go for gambling if they can't control themselves on when to stop.

That is true. that is really the downside of using bitcoin in online casinos, even minors can play conveniently at the comfort of their homes. And yes, we are the one responsible for our life when we gamble and its outcome.
legendary
Activity: 1456
Merit: 1023
It is possible, with all the easy access inside the bitcoin it can all happen, but there is a need for strict supervision with regulation for underage age Cheesy

Since bitcoin transactions, no one trace and bitcoin gambling sites don't want to do any verification about the players. Because that will affect that bitcoin's anonymity function. So I don't think these bitcoin casinos can put any restrictions on any underage people not to access the site. It is players responsibility not to go for gambling if they can't control themselves on when to stop.
legendary
Activity: 1176
Merit: 1001
The most Professional Cryptocurrency Casino
I am not that sure why people that gamble online have their payment method set up with PayPal or the other mainstream payment companies when they often shut down accounts and not return the money that the person made. Since Bitcoin is against that type of stuff it would be better for them to just make money by using btc to earn money and be able to hold onto it when they requested a withdrawal from the gambling website.

If Bitcoin is around in the near future then more people will be using it to gamble.

For me the rising of online gambling casino is catering the high demand of people using bitcoins. The demand is just so vast that even the price of bitcoin is now at its very high pick

Bitcoin still didn`t find a way to get to all the online gamblers in the world, some of the people already build good ranks in fiat casinos and I don`t think they will quit so easily from that. I`m the one of the people that gamble just with bitcoins now, cause I`m from the third world country I had many restrictions and bitcoin opened a door for me to online gambling, and that will be the case with many people in the world, thats why bitcoin is the future of online gambling, but not just bitcoin, looks like ltc and eth, and some other currencies are making their break trough in gambling industry.
Yes it is true just a bit of bitcoin gambling even bitcoin still not able to make gambat fiat accept bitcoin but I think that possibility still exist but maybe when bitcoin price have been at stable point because fiat gambling site don't want to take a risk.
sr. member
Activity: 434
Merit: 250
Bitcoin gives freedom to use without any personal documentation so that it is fits to use for online activities, at the moment gambling without Bitcoin looking strange because i can't think now to go for gambling without this innovation.
Additionally if one day, gambling without Bitcoin see strange because I can't think of right now for gambling without this innovation, therefore bitcoin as the spirit of the play in the game in gambling, and I hope the bitcoin can be the future of online gambling later
sr. member
Activity: 336
Merit: 253
It is possible, with all the easy access inside the bitcoin it can all happen, but there is a need for strict supervision with regulation for underage age Cheesy
hero member
Activity: 882
Merit: 500

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
According to me Bitcoin is the future of online Gambling because Bitcoin made the Gambling Easy and now everyone can do Gambling without revealing their Identity to the world and also bitcoin made it easy to withdraw the money you won in online casinos and there is no need to go anywhere. You can start doing Gambling from anywhere just with your phone or a Computer.
sr. member
Activity: 448
Merit: 250
As of now itself people use bitcoins mostly for gambling purpose it self because difficult to track these transactions and more secure. In future it may become even better  Wink
Like what you said that in future it may become even better, can you explain on how online gambling choose by other instead of traditional gambling? that's why you proved that it is better!
You said also that it is difficult to track? but how you prove it that in future, bitcoin use in online gambling. Can you explain clearly how this happen about your expectation of bitcoin as online gambling in the future!
legendary
Activity: 1414
Merit: 1001
Of course bitcoin has now made gambling games easy to do. Now everyone can play wherever and whenever they want, make a deposit and also witdraw with ease. This will make many people interested to play gambling.
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
I am not that sure why people that gamble online have their payment method set up with PayPal or the other mainstream payment companies when they often shut down accounts and not return the money that the person made. Since Bitcoin is against that type of stuff it would be better for them to just make money by using btc to earn money and be able to hold onto it when they requested a withdrawal from the gambling website.

If Bitcoin is around in the near future then more people will be using it to gamble.

For me the rising of online gambling casino is catering the high demand of people using bitcoins. The demand is just so vast that even the price of bitcoin is now at its very high pick

Bitcoin still didn`t find a way to get to all the online gamblers in the world, some of the people already build good ranks in fiat casinos and I don`t think they will quit so easily from that. I`m the one of the people that gamble just with bitcoins now, cause I`m from the third world country I had many restrictions and bitcoin opened a door for me to online gambling, and that will be the case with many people in the world, thats why bitcoin is the future of online gambling, but not just bitcoin, looks like ltc and eth, and some other currencies are making their break trough in gambling industry.
sr. member
Activity: 756
Merit: 294
I am not that sure why people that gamble online have their payment method set up with PayPal or the other mainstream payment companies when they often shut down accounts and not return the money that the person made. Since Bitcoin is against that type of stuff it would be better for them to just make money by using btc to earn money and be able to hold onto it when they requested a withdrawal from the gambling website.

If Bitcoin is around in the near future then more people will be using it to gamble.

For me the rising of online gambling casino is catering the high demand of people using bitcoins. The demand is just so vast that even the price of bitcoin is now at its very high pick
hero member
Activity: 812
Merit: 500
I am not that sure why people that gamble online have their payment method set up with PayPal or the other mainstream payment companies when they often shut down accounts and not return the money that the person made. Since Bitcoin is against that type of stuff it would be better for them to just make money by using btc to earn money and be able to hold onto it when they requested a withdrawal from the gambling website.

If Bitcoin is around in the near future then more people will be using it to gamble.
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
Many countries have banned online gambling with FIAT or with bitcoin. Even in Europe there are a few countries who have taken these drastic measures against online gambling because of its speed of spreading through their youth mainly. Bitcoin together with anonymity tools like anonymous browsers plus anonymous operating systems was the solution to bypass these restrictions. I can say it is the future of online gambling.
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
Bitcoin definitely has a future for online gambling, the people that try to deposit money by using other payment providers usually get their money confiscated when they try to make a withdrawal later on. If the person making a withdrawal does not get their money confiscated then they are likely to get their account looked at on a later date when the gambling website gets reviewed by the police or by a federal company that questions where the money is coming from.
These types of investigations are really possible but I do hear most of the gambling sites are just anonymous and only through this forum we can make any dispute successful, still bitcoin's traceability must be an asset for gamblers in the case of getting confiscated.
legendary
Activity: 3122
Merit: 1140

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 no , it is because when the bitcoin was not in the existence in 2007 then also There was system of the Gambling in offline as well as online .
Since no doubt that in the bitcoin gambling for online we have the ease of the Gambling but here the odd for the gambling is very small but the odds in the Offline gambling is really fantastic ( about 100times of our bet ), so here it is possible that we will move toward the Offline gambling .
Another​ thing is that few countries like England are making gambling legal and also in my country the government is looking to make gambling legal .
So bitcoin will never became big factor for the online Gambling .
If you are just basing on your place then you would say the thing about bitcoin but talking outside or on online world,gambling with the use of bitcoin will surely booms up because we know the accessibility and hassle-free that it gives when in terms of deposits and withdrawals.You are right gambling offline was soo huge compare to online since there are really places which legalize gambling but later on when time passes I'm sure online gambling will be more than on it.
hero member
Activity: 641
Merit: 505
As of now itself people use bitcoins mostly for gambling purpose it self because difficult to track these transactions and more secure. In future it may become even better  Wink
Same idea, since gambling is illegal so that it will banned in the public place. Then others  make a way to gamble and it is the online gambling, it is secure for the reason that it is difficult to track the every transaction.

Online gambling advantages may control the situation and the emotions to avoid losing. You can control your time, you can leave the game if you want especially win you win. In actual games your opponent will become angry because they want to get back their losing money so the choice is to play and play until your opponent lose all money.

Online gambling maybe safe but more people who involve in gambling are want to play traditional gambling. Same use an strategies and skills but when we think the only who can play is person who have knowledge in gadgets and who have no idea it will possible to stop if they banned.
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos

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 no , it is because when the bitcoin was not in the existence in 2007 then also There was system of the Gambling in offline as well as online .
Since no doubt that in the bitcoin gambling for online we have the ease of the Gambling but here the odd for the gambling is very small but the odds in the Offline gambling is really fantastic ( about 100times of our bet ), so here it is possible that we will move toward the Offline gambling .
Another​ thing is that few countries like England are making gambling legal and also in my country the government is looking to make gambling legal .
So bitcoin will never became big factor for the online Gambling .
hero member
Activity: 868
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
Bitcoin definitely has a future for online gambling, the people that try to deposit money by using other payment providers usually get their money confiscated when they try to make a withdrawal later on. If the person making a withdrawal does not get their money confiscated then they are likely to get their account looked at on a later date when the gambling website gets reviewed by the police or by a federal company that questions where the money is coming from.
legendary
Activity: 1400
Merit: 1009
- Of course, bitcoin is the future of online gambling, simply because the government can not control bitcoin and the value of bitcoin is very high. The transaction and sending bitcoin to the gambling sites is very convenient, just a few mouse clicks and wait. Many countries ban the use of cash for real gambling and online gambling and therefore, Bitcoin is an option for cash replacement. Using bitcoin makes gambling safer and we can gamble everywhere just need internet connection
If the government will control the bitcoin maybe gambling site will be vanised to their country and it will totaly blocked some or most of the gambling website are preferred to use fiat currency not only bitcoin much better if they had alternative currency that can be used once the coins are not available anymore on their country.

I see no way how goverments could control bitcoin, that's why we have the deep web today.

They might try to restrict it, but people will always be able to use bitcoin.

That's why bitcoin is hailed by libertarians, it's a tool outside of the goverments reach.

For freedom o7
How it government find ways to stop bitcoin gambling for real like even you are using vpns it will be no more as like what happened on porn site we can't even access on our mobile because they banned it already. If they addicted too much maybe we can't control people by their decisions they had brains always finding ways to fulfill that.
There always be other options like using tor or gambling on chain.
checkout luckybit(on chain gambling site), all you need is their bitcoin address and a wallet with full control to gamble!
Pages:
Jump to: