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Topic: Is Bitcoin the future of online gambling? - page 43. (Read 31539 times)

legendary
Activity: 1694
Merit: 1003
If online gambling adopt in using bitcoin as a means of payment then we are seeing a huge increase of user and price.
legendary
Activity: 1092
Merit: 1000
Bitcoin gambling has grown a lot even faster than fiat gambling ever since the Internet was introduced. The advantage of bitcoin over fiat is users do not need to verify their particulars to withdraw from the gambling site. This is the biggest advantage over fiat for online gambling.

you are missing the biggest benefit of gambling with bitcoin, and that is the anonymity it offers.
anybody from any country can gamble with bitcoin and not care about anything even in those countries like US that have strict rules about gambling and they close accounts if you do it, they can easily use bitcoin and nobody ever knows.

I think both you are talking same because if user no need to provide any documents to withdraw particular nothing but it is anonymity. Bitcoins are growing only because of gambling as of now because others bitcoin uses are very less, so if online gambling grow then surely demand for bitcoins will grow and prices will move up soon or later.
Gambling is, as you have said, popular with Bitcoin because there are very few restrictions on it. I agree with this too. The thing is the anonymity and the other parts don't really matter, at least not as a gambler myself, and I care more about the ability to do what I want with my money freely and peacefully, without someone getting up in my face asking what I am doing with my money.

Yes, I do agree that online bitcoin gambling will surely grow more and more due it's best feature called anonymity of funds adding and withdrawal. Slowly people may stop going to real casinos to gamble and they can play from there place without any disturbances. Bitcoin prices also will go up, if this online bitcoin gambling grow and which is good for me because I don't gambler much instead make money from bitcoin prices.
sr. member
Activity: 434
Merit: 250
:)
Defiantly, unless fiat gambling becomes more allowed bitcoin is undoubtedly the future.
legendary
Activity: 1862
Merit: 1046
bitcoin has many advantages to gamble, such as anonymous, it is very easy to use, deposit and withdrawals were pretty quick fast.
Initially I was not play gambling, but because bitcoin I was so play gambling and I am sure many like me. initially did not gamble, but when with bitcoin so they gamble, because it really easy and convenient.
legendary
Activity: 867
Merit: 1000
I think that yes is bitcoin the future of online gambling
because simple to deposit and withdrawal plus anonim. but bitcoin is not just only for gambling
legendary
Activity: 1218
Merit: 1007
Bitcoin gambling has grown a lot even faster than fiat gambling ever since the Internet was introduced. The advantage of bitcoin over fiat is users do not need to verify their particulars to withdraw from the gambling site. This is the biggest advantage over fiat for online gambling.

you are missing the biggest benefit of gambling with bitcoin, and that is the anonymity it offers.
anybody from any country can gamble with bitcoin and not care about anything even in those countries like US that have strict rules about gambling and they close accounts if you do it, they can easily use bitcoin and nobody ever knows.

I think both you are talking same because if user no need to provide any documents to withdraw particular nothing but it is anonymity. Bitcoins are growing only because of gambling as of now because others bitcoin uses are very less, so if online gambling grow then surely demand for bitcoins will grow and prices will move up soon or later.
Gambling is, as you have said, popular with Bitcoin because there are very few restrictions on it. I agree with this too. The thing is the anonymity and the other parts don't really matter, at least not as a gambler myself, and I care more about the ability to do what I want with my money freely and peacefully, without someone getting up in my face asking what I am doing with my money.
legendary
Activity: 1456
Merit: 1005
Bitcoin gambling has grown a lot even faster than fiat gambling ever since the Internet was introduced. The advantage of bitcoin over fiat is users do not need to verify their particulars to withdraw from the gambling site. This is the biggest advantage over fiat for online gambling.

you are missing the biggest benefit of gambling with bitcoin, and that is the anonymity it offers.
anybody from any country can gamble with bitcoin and not care about anything even in those countries like US that have strict rules about gambling and they close accounts if you do it, they can easily use bitcoin and nobody ever knows.

I think both you are talking same because if user no need to provide any documents to withdraw particular nothing but it is anonymity. Bitcoins are growing only because of gambling as of now because others bitcoin uses are very less, so if online gambling grow then surely demand for bitcoins will grow and prices will move up soon or later.
legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
Bitcoin gambling has grown a lot even faster than fiat gambling ever since the Internet was introduced. The advantage of bitcoin over fiat is users do not need to verify their particulars to withdraw from the gambling site. This is the biggest advantage over fiat for online gambling.

you are missing the biggest benefit of gambling with bitcoin, and that is the anonymity it offers.
anybody from any country can gamble with bitcoin and not care about anything even in those countries like US that have strict rules about gambling and they close accounts if you do it, they can easily use bitcoin and nobody ever knows.
legendary
Activity: 1344
Merit: 1000
Bitcoin gambling has grown a lot even faster than fiat gambling ever since the Internet was introduced. The advantage of bitcoin over fiat is users do not need to verify their particulars to withdraw from the gambling site. This is the biggest advantage over fiat for online gambling.
legendary
Activity: 1120
Merit: 1038
A lot of people may join but the largest players may still stay away. And all it would takes is one inputs.io-esque event for BTC gambling to die out a lot.

Most online casinos can be tracked, their money can be tracked, and if they run away, they can easily be caught and checked. If they claim their money was stolen, the stolen money can be stopped.

On the other hand, like what happened to inputs.io, if a casino claims that their BTC simply got stolen, and has some clause in their terms and conditions protecting them, they can just get off scot-free.
For example, most of the forums says that TF conclusively stole from inputs.io. But it can't ever be really completely proven...

Also, anonymous owners can add an even bigger problem, as there is nobody who can be held responsible for theft.... but I guess most major BTC gambling sites won't use anonymous owners.

TL;DR: All it takes is one big BTC gambling site to run away with all deposits, and BTC gambling is in trouble for a long long long time.
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...

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

Definitely it's going to happen and in fact it's happening now,many hyip and mlm are now bitcoin dedicated ,both are advantageous to operator and investors they have eclipse perfect money as the main online payment processor of this hyips because Bitcoin is so easy to use..

all things you said here are just scams and everybody knows that, they are actually bad for bitcoin in my opinion because they are steeling from people and getting away with it because it is bitcoin and they can stay anonymous while doing it.
legendary
Activity: 3346
Merit: 1214

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

Definitely it's going to happen and in fact it's happening now,many hyip and mlm are now bitcoin dedicated ,both are advantageous to operator and investors they have eclipse perfect money as the main online payment processor of this hyips because Bitcoin is so easy to use..
sr. member
Activity: 350
Merit: 250
Bitcoin could be the best payment method used worldwide for online gambling, because it's having very low fee, speed transactions and you can gamble with small amounts.
I began to see a lot of people who buy bitcoin for the purpose of gambling. This proves that many players gambling, which migrate to bitcoin, this would be a great evolution to the world of gambling
Bitcoin will be the future in everything, you see already know that Bitcoin is getting more popular in their payment method and that is so nice for the currency itself.
And everything will become online because the world is also getting more digital and that is perfect for Bitcoin itself.
sr. member
Activity: 448
Merit: 250
It is possible for Bitcoin to become the future of online gambling. There are already so many online casino and gambling sites that allows you to pay in Bitcoins. I believe that this can only get bigger in the future.
legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
Yeah, i think only bitcoin that reliable for online gambling. And bitcoin have a big opportunity to be the main online money for online gambling.
That is somewhat true. But I don't want bitcoin to be categorized by general public as currency of gamblers, porn watchers and dark market traders.
Bitcoin image among the crowd is already messed up by media spouting nonsense about ISIS, gangsters and criminals using BTC.
this is the biggest challenge for bitcoin users because some people on my country also admit bitcoin users as the gamblers and porn watchers because with using bitcoin those people very easy to access and do a gambling online
hero member
Activity: 756
Merit: 500
With or without bitcoin, there's always a future for gambling.

Ofcourse there is always a future for gambling until there are addicts of gambling and addicts of gambling will not finish until the world exist i guess, but for online gambling bitcoin will be widely used in future because of easy and fast deposits and many more features, that is why bitcoin is the future of online gambling.
legendary
Activity: 840
Merit: 1000
Yeah, i think only bitcoin that reliable for online gambling. And bitcoin have a big opportunity to be the main online money for online gambling.
That is somewhat true. But I don't want bitcoin to be categorized by general public as currency of gamblers, porn watchers and dark market traders.
Bitcoin image among the crowd is already messed up by media spouting nonsense about ISIS, gangsters and criminals using BTC.

You are true for a good future of the bitcoin and its success; bitcoin should not have to remain attached for long time to the gambling and porn sites etc. It is true that it has a feature of anonymity and are hiding people from public who are gamblers and porn watchers, but if they are feeling there to be shameful then why they want to be there
hero member
Activity: 658
Merit: 500
Bitcoin could be the best payment method used worldwide for online gambling, because it's having very low fee, speed transactions and you can gamble with small amounts.
Yeah I agree bitcoin very easy to gamble you'll have trouble when using a fiat to gamble
due to deposit and withdraw using bank you need a bit of code that is confusing.
using bitcoin to gamble. it is very easy
sr. member
Activity: 406
Merit: 250
Too Weird to Live. Too Rare to Die...
With or without bitcoin, there's always a future for gambling.
legendary
Activity: 3094
Merit: 1469
Well i think ,yeah bitcoin is slowly moving towards becoming as a method of payment in online gambling .Due to KYC[KNOW YOU CUSTOMER] many gamblers move away from online gambling but with bitcoin being slowly introduced as a way of online gambling many casino are having a boom in their user base.I think seeing this fact , other casinos are also accepting bitcoins now which is a great news for normal bitcoin users who are gamblers as well.

yes of course ,as considering its anonymity and ease of access ..imo YEs.

yes that is the main reasons why it will be so popular for gambling in future, anonymity and easy access to it, everyone can gamble ow no need to give ID so yes, everyone can gamble, and of course you just need to have internet and bitcoins to gamble, it is also very fast

As earlier said no anonymity was the main reason from which many gamblers were running away from online gambling and now bitcoin has eliminated it.
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