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Topic: Is Bitcoin the future of online gambling? - page 52. (Read 31539 times)

legendary
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October 13, 2015, 03:19:00 PM
#87
I think one of the reasons why its more popular is because its anonymous and most likely alot of kids are starting to gamble because its impossible to prove age.
legendary
Activity: 3556
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October 13, 2015, 03:08:05 PM
#86
It could be but there are a few sticking points -

1.) Price volatility
2.) Needs to be much, much more adoption

At the moment bitcoin is a long way from being the leading tool/payment method for online gambling but of course it's possible.
sr. member
Activity: 420
Merit: 250
October 13, 2015, 03:04:41 PM
#85
it definitely is mainly because casinos dont need any licences so there can be as much as people create also bitcoin is anonymous so people arent afraid to play it
hero member
Activity: 742
Merit: 500
October 13, 2015, 01:59:51 PM
#84
yes i think so , nowadays the great gambling sites use Bitcoin either as unique payment processor, or as one of this payment processors, and also the number of gambling sites which support Bitcoin is growing up daily , so we can guess that Bitcoin is the future of online gambling
legendary
Activity: 1820
Merit: 1009
October 13, 2015, 01:15:22 PM
#83
It is.

Credit cards are expensive and few peple use it and people fear to use them on gambling sites because of data leak. Bitcoin solves all the problems with credit cards and is quicker too
legendary
Activity: 1988
Merit: 1317
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October 13, 2015, 12:55:06 PM
#82
Most definitely! We have been using alternatives for the real currencies since the dawn of gambling ! For example,the real reason the invented chips on the table because according to the law gambling with "currency" is a crime .So if a place gets raided by cops  and they find the chips on the poker table they can never use it as a solid proof that it resembles real currency in the game .We have come too far now ! Cryptocurrencies should be taking over soon!It is safe,secure and soon it will be legit !
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
October 13, 2015, 12:47:55 PM
#81
I would ask... How could it not be the future of online gambling? Psudo-anonymous, digital, universal money. Yes it will be.
hero member
Activity: 840
Merit: 1000
October 13, 2015, 12:42:07 PM
#80
Bitcoin is best partner for gambling, especially about anonymity & full control over our money Roll Eyes
It'll be proven when major gambling sites or las vegas casino's accept bitcoin

We already see few unique gambling games born from bitcoin casino & many bitcoin casino opened every month.

One famous, first-class fiat casino and sportsbook - betonline offers bitcoin deposit and withdraw now, but their deposit fees are ridiculously high, which is 3% I remember one guy said before, if they don't charge deposit fee, I think most of bitcoin gamblers will bet there cause it is very famous and reliable in fiat world.
legendary
Activity: 2870
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October 13, 2015, 12:16:53 PM
#79
Bitcoin is best partner for gambling, especially about anonymity & full control over our money Roll Eyes
It'll be proven when major gambling sites or las vegas casino's accept bitcoin

We already see few unique gambling games born from bitcoin casino & many bitcoin casino opened every month.
hero member
Activity: 756
Merit: 503
Crypto.games
October 13, 2015, 12:38:37 PM
#79
I see many gambling sites already accepting bitcoins. The real test would whether big casinos like las vegas sands will accept bitcoin but it is not a dream if more and more people uses bitcoin.

If only bitcoin has stable value, this may come true. But as you can see right now, bitcoin still alot of problem because it's security.
So I think bitcoin need more and more time to be implement as replacement


yeah i agree!!! big casinos will be hesitant to accept bitcoin because of its value and security.
they may accept bit coin if the value is stable and the security is solid, but im not sure if many gamblers
will use bitcoin, specially the hardcore ones.
legendary
Activity: 3472
Merit: 10611
October 13, 2015, 11:50:43 AM
#78
i think bitcoin is not only the future of online gambling but also it is the perfect thing for it too. the ability to send micro-transactions alone is enough to make bitcoin (or cryptocurrencies in general) a suitable option for online gambling.

on top of that cryptocurrencies like bitcoin always have low fees in comparison and they are too fast. besides they can be anonymous which can be usefull in some cases.
legendary
Activity: 1456
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October 13, 2015, 11:36:27 AM
#77
they have been saying that bitcoin is ideal for online gambling for as long as i have studied bitcoin. it makes sense, so many transactions back and forth, often micro... perfect fit for bitcoin.
hero member
Activity: 504
Merit: 500
October 13, 2015, 11:23:16 AM
#76
Bitcoin is obviously a new technology that seems to be completely adequate to gambling. If it will not be Bitcoin the future of gambling, at least the concept will be the same.
legendary
Activity: 1834
Merit: 1008
October 13, 2015, 11:20:45 AM
#75
when more people get to know bitcoin for sure it will be the main gambling currency , because simply it's the best
but these days sadly there are some people who still considering bitcoin as a ponzi scheme
the biggest boom for bitcoin gambling will be when PokerStars start to accept bitcoin , or maybe when they open a server for bitcoin players
I'm sure after that everyone will turn to BTCs

What I can say is there are many people that know bitcoin already, but the gambling site are still not yet promote their site to everyone else, just from campaing you can't attract outside people, thats why many gambling site is not really popular outside and still the players are from this forum
legendary
Activity: 924
Merit: 1006
October 13, 2015, 10:56:40 AM
#74
I see many gambling sites already accepting bitcoins. The real test would whether big casinos like las vegas sands will accept bitcoin but it is not a dream if more and more people uses bitcoin.

If only bitcoin has stable value, this may come true. But as you can see right now, bitcoin still alot of problem because it's security.
So I think bitcoin need more and more time to be implement as replacement
legendary
Activity: 3122
Merit: 1398
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October 13, 2015, 10:50:35 AM
#73
I use to think so too but Bitcoin will have to fix itself up, the recent attacks on Blockchain can really mess things up, I lost a few bets because either they were delayed due to spam attacks or they were pruned from database because the previous transaction changed it's ID. So until these gaps are filled which gives these attackers/hackers free entry to play with transactions or slow them up, I don't think it can become the future. And this is a serious obstacle which Bitcoin needs to over come.

These scenario are really a big deal especially in those popular gambling sites. If a popular gambling site will adopt bitcoin as one of their accepting currency then it must really fixed. These is only one of many important matters that shall discuss by site owners resulting to longer time of accepting bitcoin in those popular sites if ever they will consider accepting it.
legendary
Activity: 1078
Merit: 1000
October 13, 2015, 10:45:48 AM
#72
I think it is a good assumption that bitcoin can become very popular in gambling and become the money (token) to use easily in online gambling casinos.
because it is easy to use, fast and anonymous so everybody can use it from everywhere and gamble. besides when using bitcoin, you don't have to rely on anybody (like your bank) and you manage your money on your own. so you don't have to be afraid of their rules or any annoying other stuff.

Its true that bitcoin in gambling is pretty easy to use but fast I dont think so because fast or not it depends on your site and blockchain too. Nowadays people are having this blockchain problem that take a longer time to do some deposits and withdrawal
legendary
Activity: 3374
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October 13, 2015, 10:37:35 AM
#71
Bitcoin is the future of many things and, yes, it is the future of online gambling.

Bitcoin gambling sites are much more user friendly than non Bitcoin ones IMO.
hero member
Activity: 672
Merit: 502
October 13, 2015, 10:29:51 AM
#70
I use to think so too but Bitcoin will have to fix itself up, the recent attacks on Blockchain can really mess things up, I lost a few bets because either they were delayed due to spam attacks or they were pruned from database because the previous transaction changed it's ID. So until these gaps are filled which gives these attackers/hackers free entry to play with transactions or slow them up, I don't think it can become the future. And this is a serious obstacle which Bitcoin needs to over come.
legendary
Activity: 1484
Merit: 1004
October 13, 2015, 10:27:06 AM
#69
when more people get to know bitcoin for sure it will be the main gambling currency , because simply it's the best
but these days sadly there are some people who still considering bitcoin as a ponzi scheme
the biggest boom for bitcoin gambling will be when PokerStars start to accept bitcoin , or maybe when they open a server for bitcoin players
I'm sure after that everyone will turn to BTCs

yes still many people out there think that bitcoin is the biggest ponzi scheme sure i do not believe on that.
agree! once pokerstars accepting bitcoin it was a big step to bitcoin future as major digital currency but it is not an easy job.
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