Is Bitcoin the future of online gambling? - page 7.

Wintersoldier

sr. member

Activity: 966

Merit: 274

Quote from: Jasad on March 21, 2017, 12:18:50 PM

Quote from: wxa7115 on March 20, 2017, 02:14:21 AM

Quote from: Jasad on March 19, 2017, 01:38:32 PM

Quote from: wxa7115 on March 19, 2017, 01:31:03 PM

Quote from: UCHCHILD on March 16, 2017, 08:15:41 AM

The future money of online gambling I guess.
Bitcoin is more popular on using in gambling sites or online, the advantages was totally use by its users the anonimity on betting to the games.

Bitcoin is great for gambling too because if you send your bitcoins with a good fee, you can begin to play in a matter of minutes instead of waiting days, also bitcoin is great because it allows us to play without anyone having to be notified about our activities, so that is great.

the problem when you used credit card or bank account to deposit you can't trace your transaction ,
when in bitcoin it is pretty transparent , you can see your money come ,
that whats make bitcoin more than fit into online casino ,
i expect in few years ahead most online casino will accept bitcoin as payment.

The average person cannot see your history of transactions if you use a credit card that is true but that is not much of a problem if you tumble your coins before you use them in any activity you would not like to be associated with you like gambling.

yeah i know the problem of online gambling are when people want to stay anonymous ,
means their privacy about their identity will secure with bitcoin ,
no documents asked , nothing , just an email + password and you are good to go ,
that is enough to attract more player , but most casino still doubt to accept bitcoin due some reasons.

Another good thing about the anonymity of bitcoin is that, government can't get advantage from every win of a gambler which makes a gambler to get less profit due to taxation. With this system, players don't need to worry about the privacy of their account since it can be hidden that let them gamble more comfortable.

Malsetid

hero member

Activity: 924

Merit: 502

CryptoTalk.Org - Get Paid for every Post!

Quote from: FlightyPouch on March 23, 2017, 06:08:28 AM

Quote from: Bitcoin0916 on March 23, 2017, 06:03:14 AM

Yes true, with bitcoin all transactions became simple, quick and full privacy. I'm sure the future of online gambling is such a bitcoin, because all the features needed for gambling transactions exist in the bitcoin.

Yeah that is right, but there are something that will end that, some.casinos now are requiring your private informations or asking for some documents about you. The anonymous transactions now are failing because they are now watching closely how people use it.
They are being curious on scams that are happening, so they want to know the gambler and ensure that he is mot doing it on something suspocious and illegal.

Well then just move to a casino that won't require you to disclose such information. I think that's where btc casinos have an advantage over regular casinos and sites. What makes btc standout above others is its anonymity and i think that will mainly be the reason for bitcoin to run the online gambling industry not too long from now

FlightyPouch

sr. member

Activity: 1638

Merit: 300

Quote from: Bitcoin0916 on March 23, 2017, 06:03:14 AM

Yes true, with bitcoin all transactions became simple, quick and full privacy. I'm sure the future of online gambling is such a bitcoin, because all the features needed for gambling transactions exist in the bitcoin.

Yeah that is right, but there are something that will end that, some.casinos now are requiring your private informations or asking for some documents about you. The anonymous transactions now are failing because they are now watching closely how people use it.
They are being curious on scams that are happening, so they want to know the gambler and ensure that he is mot doing it on something suspocious and illegal.

Bitcoin0916

full member

Activity: 238

Merit: 100

Yes true, with bitcoin all transactions became simple, quick and full privacy. I'm sure the future of online gambling is such a bitcoin, because all the features needed for gambling transactions exist in the bitcoin.

poplolnman

legendary

Activity: 1442

Merit: 1008

Quote from: The_prodigy on March 22, 2017, 01:58:44 PM

Nowadays i can see the future of gambling where there are lots of gambling website everywhere in the internet most of the time people will choose this than going to real gambling people will want to hide their identity for their safety. But here in my country central bank already considered bitcoin as our secondary currency.

things make people should love to use bitcoin as a currency to gamble online are when they don't have to provide their real name like when you have to upload the documents as KYC procedure. also moving the money with bitcoin much more faster , easier and flexible from a casino to another casino not like when you use fiat , it cost a lot of time and also fee everywhere , with that reason feel enough to make people interested and call it as the future.

klf

legendary

Activity: 1344

Merit: 1000

Quote from: lumeire on March 21, 2017, 12:46:57 PM

It is, in countries like mine wherein online gambling is frowned upon. It makes entry and cashing out neat and easy, without risking your identity.

Because of gambling and porn, only bitcoins has grown so much because most of the bitcoins are used on in these two industries as of now. In other mainstream business not so much and some people are buying for just any investments. But more transactions are happening because of easy gambling using bitcoins and other cryptocurrencies.

mirakal

legendary

Activity: 3108

Merit: 1290

Leading Crypto Sports Betting & Casino Platform

Quote from: erwin45hacked on March 22, 2017, 05:41:49 PM

Quote from: Karartma1 on March 22, 2017, 02:49:57 PM

Giving a deeper sense to the OP question I wouldn't even know if bitcoin is the future of bitcoin itself given the latest forking/changing debates going on in the community

It is not going to change the fact that it is the future of it. No matter what, people will choose bitcoin over fiat gambling for several reason. The top reason would be that it allow micro gambler to play with amount down to few cents. Unlike fiat that only allow bet for atleast $1 or so which is not really convenience

The moment they will understand the basic concept of bitcoin high rollers or whales will eventually use bitcoin, it is the future of online gambling and I believe on that. However, it's still early and bitcoin is not widely recognize by the majority, we need to make their curious over bitcoin so they will conduct a research to understand, when they will not understand it's hard to attract them but I'm positive it will happen in the future as slowly but steady bitcoin is getting the attention of the people.

HanSchultz

full member

Activity: 224

Merit: 100

Quote from: The_prodigy on March 22, 2017, 01:58:44 PM

Nowadays i can see the future of gambling where there are lots of gambling website everywhere in the internet most of the time people will choose this than going to real gambling people will want to hide their identity for their safety. But here in my country central bank already considered bitcoin as our secondary currency.

What is a real gambling site,when it comes to online gambling site everyone is,and with the popularity and ease of use bitcoin has become the main method by which people gamble and so is the reason we are seeing new sites coming up which accepts bitcoin and it is the future of online gambling.

erwin45hacked

legendary

Activity: 1064

Merit: 1000

Quote from: Karartma1 on March 22, 2017, 02:49:57 PM

Giving a deeper sense to the OP question I wouldn't even know if bitcoin is the future of bitcoin itself given the latest forking/changing debates going on in the community

It is not going to change the fact that it is the future of it. No matter what, people will choose bitcoin over fiat gambling for several reason. The top reason would be that it allow micro gambler to play with amount down to few cents. Unlike fiat that only allow bet for atleast $1 or so which is not really convenience

cjmoles

legendary

Activity: 1176

Merit: 1017

Yes....I think that those of us who have been in the market long enough remember how difficult it was before the advent of bitcoin. I think that much of the intrigue with bitcoin was inspired by it's ability to circumvent anti-gambling legislation regulating gambling and forcing centralized banking institution's compliance....Bitcoin is the future of online gambling.

Karartma1

legendary

Activity: 2310

Merit: 1422

Giving a deeper sense to the OP question I wouldn't even know if bitcoin is the future of bitcoin itself given the latest forking/changing debates going on in the community

lite

legendary

Activity: 1400

Merit: 1009

Quote from: 0xfff on March 21, 2017, 04:22:18 PM

Quote from: lumeire on March 21, 2017, 12:46:57 PM

It is, in countries like mine wherein online gambling is frowned upon. It makes entry and cashing out neat and easy, without risking your identity.

Bitcoin is not anonymous though. A government could track all the coins an exchange pays out and make sure they don't get used for gambling website. It would also be hard to get you winnings back without government asking questsions. Undecided

Mixing services can be used to make harder to track ones coins/tx or one can buy monero and convert it to bitcoin then gamble. it's not that hard to keep yourself anonymous.

The_prodigy

hero member

Activity: 924

Merit: 500

Nowadays i can see the future of gambling where there are lots of gambling website everywhere in the internet most of the time people will choose this than going to real gambling people will want to hide their identity for their safety. But here in my country central bank already considered bitcoin as our secondary currency.

posternat

hero member

Activity: 798

Merit: 500

Quote from: chris200x9 on March 15, 2017, 09:01:26 AM

Quote from: FlightyPouch on March 15, 2017, 05:18:07 AM

Quote from: michaelch on March 14, 2017, 03:09:34 PM

Maybe.. it looks like bitcoin has stepped in to fill a void.

I dont get you line there. though there is really a possibilty that bitcoin maybe the future of gambling. I remembered a video that I watched, it is a commercial of a casino, then I checked the comments, I burst out laughing when I read my expected comment, You accepting Bitcoin?

I don't know about the future. But now already the Bitcoin become more famous for online gambling. All online casino websites are accepting Bitcoin, and many businesses opened for Bitcoin like investment, trading, etc. But I am not sure about the future of Bitcoin. Maybe the Bitcoin will rule the online gambling world, or any other cryptocurrency may replace Bitcoin there is a possibilities are there in digital currency world.

This is how I believe, bitcoin was made more for gambling since it is more hidden to the government and more secure to its users, and transaction is more faster than other,
it is just like the chips we use in some real casinos. Gamblers really like the bitcoins as its gives them freedom to do gambling without any worries.

0xfff

full member

Activity: 224

Merit: 100

Quote from: lumeire on March 21, 2017, 12:46:57 PM

It is, in countries like mine wherein online gambling is frowned upon. It makes entry and cashing out neat and easy, without risking your identity.

Bitcoin is not anonymous though. A government could track all the coins an exchange pays out and make sure they don't get used for gambling website. It would also be hard to get you winnings back without government asking questsions. Undecided

Caladonian

hero member

Activity: 1302

Merit: 540

Quote from: Jasad on March 21, 2017, 12:18:50 PM

Quote from: wxa7115 on March 20, 2017, 02:14:21 AM

Quote from: Jasad on March 19, 2017, 01:38:32 PM

Quote from: wxa7115 on March 19, 2017, 01:31:03 PM

Quote from: UCHCHILD on March 16, 2017, 08:15:41 AM

The future money of online gambling I guess.
Bitcoin is more popular on using in gambling sites or online, the advantages was totally use by its users the anonimity on betting to the games.

Bitcoin is great for gambling too because if you send your bitcoins with a good fee, you can begin to play in a matter of minutes instead of waiting days, also bitcoin is great because it allows us to play without anyone having to be notified about our activities, so that is great.

the problem when you used credit card or bank account to deposit you can't trace your transaction ,
when in bitcoin it is pretty transparent , you can see your money come ,
that whats make bitcoin more than fit into online casino ,
i expect in few years ahead most online casino will accept bitcoin as payment.

The average person cannot see your history of transactions if you use a credit card that is true but that is not much of a problem if you tumble your coins before you use them in any activity you would not like to be associated with you like gambling.

yeah i know the problem of online gambling are when people want to stay anonymous ,
means their privacy about their identity will secure with bitcoin ,
no documents asked , nothing , just an email + password and you are good to go ,
that is enough to attract more player , but most casino still doubt to accept bitcoin due some reasons.

the price always fluctuates i guess and since that its not been really introduce very well that's why not all the casino house already embrace the system but for sure after they learn that there's a lots of advantage and it will easily attract gamblers they will think about it and migrate to the system to gain more profits.

lumeire

legendary

Activity: 1848

Merit: 1009

Next-Gen Trade Racing Metaverse

It is, in countries like mine wherein online gambling is frowned upon. It makes entry and cashing out neat and easy, without risking your identity.

Jasad

legendary

Activity: 1414

Merit: 1002

= jasad =

Quote from: wxa7115 on March 20, 2017, 02:14:21 AM

Quote from: Jasad on March 19, 2017, 01:38:32 PM

Quote from: wxa7115 on March 19, 2017, 01:31:03 PM

Quote from: UCHCHILD on March 16, 2017, 08:15:41 AM

The future money of online gambling I guess.
Bitcoin is more popular on using in gambling sites or online, the advantages was totally use by its users the anonimity on betting to the games.

Bitcoin is great for gambling too because if you send your bitcoins with a good fee, you can begin to play in a matter of minutes instead of waiting days, also bitcoin is great because it allows us to play without anyone having to be notified about our activities, so that is great.

the problem when you used credit card or bank account to deposit you can't trace your transaction ,
when in bitcoin it is pretty transparent , you can see your money come ,
that whats make bitcoin more than fit into online casino ,
i expect in few years ahead most online casino will accept bitcoin as payment.

The average person cannot see your history of transactions if you use a credit card that is true but that is not much of a problem if you tumble your coins before you use them in any activity you would not like to be associated with you like gambling.

yeah i know the problem of online gambling are when people want to stay anonymous ,
means their privacy about their identity will secure with bitcoin ,
no documents asked , nothing , just an email + password and you are good to go ,
that is enough to attract more player , but most casino still doubt to accept bitcoin due some reasons.

wxa7115

hero member

Activity: 2702

Merit: 704

Bitcoin is GOD

Quote from: Jasad on March 19, 2017, 01:38:32 PM

Quote from: wxa7115 on March 19, 2017, 01:31:03 PM

Quote from: UCHCHILD on March 16, 2017, 08:15:41 AM

The future money of online gambling I guess.
Bitcoin is more popular on using in gambling sites or online, the advantages was totally use by its users the anonimity on betting to the games.

Bitcoin is great for gambling too because if you send your bitcoins with a good fee, you can begin to play in a matter of minutes instead of waiting days, also bitcoin is great because it allows us to play without anyone having to be notified about our activities, so that is great.

the problem when you used credit card or bank account to deposit you can't trace your transaction ,
when in bitcoin it is pretty transparent , you can see your money come ,
that whats make bitcoin more than fit into online casino ,
i expect in few years ahead most online casino will accept bitcoin as payment.

The average person cannot see your history of transactions if you use a credit card that is true but that is not much of a problem if you tumble your coins before you use them in any activity you would not like to be associated with you like gambling.

Mikez

hero member

Activity: 508

Merit: 500

Quote from: MinerHQ on March 18, 2017, 09:00:35 PM

Quote from: emberbekas on March 18, 2017, 05:22:07 PM

Quote from: Mikez on March 18, 2017, 02:24:25 PM

Bitcoin is definitely a future of gambling as it give you an privacy to gamble without disclosing your identity and you don't have to share your personal details so its an blessing for people who are addicted to gambling.

And for people from a country that mark gambling as an illegal activity, bitcoin and other crypto currencies give a better solution for them. Hence, the numbers of people who will gamble using it can be significanly increased.

This is the main reason bitcoins are becoming so popular, and Bitcoin prices are going up as well. Bitcoins are becoming more and more popular in gambling and porn industries. Many countries don't allow both of them, but due to bitcoins, many people find ways to use these things more conveniently from home.

Porn and gambling industries are gonna huge in future due to bitcoins when more and more people will start knowing and using bitcoins and people have an addiction to both of this things and they will be willing to spend huge amount of money to satisfy themselves.

Topic: Is Bitcoin the future of online gambling? - page 7. (Read 31539 times)