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Topic: Is Bitcoin the future of online gambling? - page 4. (Read 31561 times)

full member
Activity: 362
Merit: 100
Newbie in online currency , love learning
yes . but i more prefer to see more casino (Not dice) in live.
And sportbook have more option to bet.

Bitcoin exchange is important for it because cash out.
No KYC disturb then no issue.
hero member
Activity: 2520
Merit: 568
Payment Gateway Allows Recurring Payments
Bitcoin is the best thing happened in online gambling industry. Before that every user should accept high fees and commissions for deposit and payout. Now you just need wallet address...

It is also one of the biggest helper for the price of bitcoin. As there are gamblers that are living in a country that online gambling is ban with their local or dollar currency. But because of bitcoin, their government will not figure it out that they are gambling online as they will just think that bitcoin isn't a real thing but only a digital asset.
hero member
Activity: 1372
Merit: 503
- 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.
full member
Activity: 182
Merit: 100
★PlayAmo.com★
Bitcoin is the best thing happened in online gambling industry. Before that every user should accept high fees and commissions for deposit and payout. Now you just need wallet address...
legendary
Activity: 1540
Merit: 1016

also it is doesn't mean they can stop another bitcoin gambling site keep popping up right?

They couldnt however if they are going to stop it then they will use any force necessary to do that. Dont forget that even when they cant stop new site from popping up, they could always target the player of not being able to access the site. There are alot of ways for them to do what they want to do
hero member
Activity: 1330
Merit: 569
If it were to be some years back, I would say with all emphasis that bitcoin is surely the future of online gambling but afterall majority are using bitcoin for gambling activities due to the fact that no one can really see what is going on and I can do that from the comfort of my room without anybody judging me or otherwise but the same cannot be said again as not the threat only coming from government alone but sites have started asking for verifications, with the implementation of KYCs then I see a shift happening soon.
legendary
Activity: 2674
Merit: 1048
- 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
indeed any institutions can not control and regulate bitcoin , and that is what make people love to use bitcoin , they feel save when don't have to upload any documents and share your personal info into certain random online gambling company , clearly the future of bitcoin as gambling currency are so bright.

the only problem , when you have gained 50% profit but the bitcoin price dropped 50%, then you have zero profit after staked a lot of money.
Well, if they will ban bitcoin I guess gambling sites using bitcoin will stop their business, the government has the power to do it but there is a lot of gambling sites to watch under their responsibility if they will ban it. Although we are enjoying the crypto gambling now but we have to be very careful not to put our money in one site only especially those who are new and unlicensed since it is easy for them to scam you and take your money.

In totality, I believe the gambling industry is growing and if there will be no conflict between the government and the crypto community, we will see a continues success.
they indeed have a power to shut the bitcoin gambling business down , but for what reason they do it? unlicensed? i don't think it was a strong reason for any government to do shutting down the business , bitcoin gambling has large and strong ecosystem already, it won't easy.

also it is doesn't mean they can stop another bitcoin gambling site keep popping up right?
hero member
Activity: 3010
Merit: 666
- 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
indeed any institutions can not control and regulate bitcoin , and that is what make people love to use bitcoin , they feel save when don't have to upload any documents and share your personal info into certain random online gambling company , clearly the future of bitcoin as gambling currency are so bright.

the only problem , when you have gained 50% profit but the bitcoin price dropped 50%, then you have zero profit after staked a lot of money.
Well, if they will ban bitcoin I guess gambling sites using bitcoin will stop their business, the government has the power to do it but there is a lot of gambling sites to watch under their responsibility if they will ban it. Although we are enjoying the crypto gambling now but we have to be very careful not to put our money in one site only especially those who are new and unlicensed since it is easy for them to scam you and take your money.

In totality, I believe the gambling industry is growing and if there will be no conflict between the government and the crypto community, we will see a continues success.
legendary
Activity: 2674
Merit: 1048
- 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
indeed any institutions can not control and regulate bitcoin , and that is what make people love to use bitcoin , they feel save when don't have to upload any documents and share your personal info into certain random online gambling company , clearly the future of bitcoin as gambling currency are so bright.

the only problem , when you have gained 50% profit but the bitcoin price dropped 50%, then you have zero profit after staked a lot of money.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
Bitcoin is the present of gambling. Do you realize how much Money is gambled everyday on bitcoin and other cyrptocurrency gambling websites ?

It is not THAT much far off from other gambling websites, if you exclude some huge online casinos, bitcoin gambling is almost there. People keep saying bitcoin is the future, bitcoin gambling is the future, blockchain is the future. If you take a good look around you, we are here, its the future.

Right now for us that knows how to use bitcoin or using bitcoin for gambling we can say that this is the present and future of online and offline gambling. And this is why bitcoin is becoming popular nowadays because a lot of people are using it and the demand of bitcoin is getting higher with the help of bitcoin gambling.
hero member
Activity: 1092
Merit: 501
It depends on some perspective. Some said its illegal to gambling so they use bitcoin to make him anonymous, it has some benefit to them but for legal country I dont think this have benefit to them, because make you invisible or not your country wont jail you for this reason so this is still a polemic
Yes, your right that's the good about in bitcoin to other gambling, But not all gambling online is legal in most of the country. It depends on the law they had about in gambling or else they will be nullify.
Well ,Bitcoin will take apart in the situation wherein you can gambling and deposit money to play gambling in a gamblimg site ,But i think even you are anonymously playing there and there is a chance for you to caught .For me i believe no system is safe if ypu are in hot seat . I used also to gamble bitcoins knowing that gamblimg is illegal to my country and it is advantage for me knowing bitcoins early.
Bitcoin I know in any business once they adopt the system it will surely give a brighter future for the business. Now if any of the gambling sites adopt bitcoin no doubt that gambling owner will get big profit, because there is no tax in bitcoin which the government  can't get any benefits from it only the owner and the lucky player who will play to their gambling sites.
legendary
Activity: 1512
Merit: 1041
Bitcoin is the present of gambling. Do you realize how much Money is gambled everyday on bitcoin and other cyrptocurrency gambling websites ?

It is not THAT much far off from other gambling websites, if you exclude some huge online casinos, bitcoin gambling is almost there. People keep saying bitcoin is the future, bitcoin gambling is the future, blockchain is the future. If you take a good look around you, we are here, its the future.
legendary
Activity: 1120
Merit: 1000
Well I can say bitcoin is the future of online gambling because bitcoin is anonymous although not 100% anonymous, it is good to become betting on gambling online,
it can protect indentity of gamblers because there are some countries that consider gambling is illegal activities with bitcoin as betting all of people can play gambling.
Well your right as what you think, bitcoin can be the future of gambling becuase bitcoin still growing and growing. Haven't many investor in bitcoin would be nice then i would say that if bitcoin still alive and not dead fir a long time ago. Expect all online gambling still alive also and make there future be nice
to me i personally know about online gambling through bitcoin. as bitcoin introduce online gambling too much, most of the people also know about online gambling because of bitcoin. as bitcoin make it more easy and convenient to play gambling while setting at a distance without visiting a casino. i therefore think that bitcoin is really the future of online gambling.
legendary
Activity: 2198
Merit: 1150
Freedom&Honor
- 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
hero member
Activity: 1372
Merit: 503
- 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.
hero member
Activity: 1302
Merit: 503
- 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
hero member
Activity: 588
Merit: 500
Well I can say bitcoin is the future of online gambling because bitcoin is anonymous although not 100% anonymous, it is good to become betting on gambling online,
it can protect indentity of gamblers because there are some countries that consider gambling is illegal activities with bitcoin as betting all of people can play gambling.
Well your right as what you think, bitcoin can be the future of gambling becuase bitcoin still growing and growing. Haven't many investor in bitcoin would be nice then i would say that if bitcoin still alive and not dead fir a long time ago. Expect all online gambling still alive also and make there future be nice

Yeah, I also think it many time. If bitcoin still alive and no die than definitely the day will come when we could use bitcoin not only for online gambling, we could use bitcoin in real casinos. But we should wait for the day, when bitcoin will well known in all over the world.   
sr. member
Activity: 364
Merit: 250
Well I can say bitcoin is the future of online gambling because bitcoin is anonymous although not 100% anonymous, it is good to become betting on gambling online,
it can protect indentity of gamblers because there are some countries that consider gambling is illegal activities with bitcoin as betting all of people can play gambling.
Well your right as what you think, bitcoin can be the future of gambling becuase bitcoin still growing and growing. Haven't many investor in bitcoin would be nice then i would say that if bitcoin still alive and not dead fir a long time ago. Expect all online gambling still alive also and make there future be nice
sr. member
Activity: 518
Merit: 250
Bitcoin already is being used to gamble online.It made gambling easy,fast,simple and more safe.If I say safe means privacy without sharing personal information with third party.Bitcoin is future of online gambling there is no doubt in this.
echnological developments are extremely rapid and increasingly sophisticated, so too the gambling is now starting to swell rapidly either directly or online gambling casinos just for example we don't need to go to the Casino with online we can play without the time, but now adds more game is gambling with bitcoin is now also growing rapidly, even bitcoin can now be used as currency in the gambling online easy, short. , faster and more secure.
hero member
Activity: 3052
Merit: 685
But I think we should know that in this time, mostly people use bitcoin for online gambling, This thread below to only use the bitcoin in online gambling and nothing any more. We are not talking about the bitcoin popularity between people. Because in my thinking, bitcoin is first and least currency which we are commonly use in online gambling.

You are definitely dumb dont you think so? bitcoin has been around since 2009 and before that we have tons of online gambling site that uses fiat. Gambling by using bitcoin is definitely new scene around here and its popularity is currently niche compared to those sites that actually still uses fiat to gamble
That's right, the gambling industry is a big industry and still majority of the gamblers uses fiat, but with the advent of bitcoin, the bitcoin online gambling are getting popular and we have increase the amount wager every year. We cannot deny that fact that because of gambling it resulted to a big increase of demand of bitcoin, now let's enjoy watching the bitcoin online gambling industry growing as there are smart people who continues to develop games and systems to attract more gamblers.
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