Is Bitcoin the future of online gambling? - page 9.

BitcoinPC

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Quote from: chris200x9 on March 15, 2017, 08:01:26 AM

Quote from: FlightyPouch on March 15, 2017, 04:18:07 AM

Quote from: michaelch on March 14, 2017, 02:09:34 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.

Definitely, no one know about the future, but we should care about our future, and if we want to rich and make money than definitely we should discuss about our future. Even everyone don't know about the bitcoin future, but we take risk to make money with it. And in this way, bitcoin really build a new and good way for online gambling. No doubt bitcoin give us opportunity to play gambling in a easy way at home.

UCHCHILD

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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.

bravehearth0319

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Quote from: Rooster101 on December 14, 2016, 01:56:11 AM

Bitcoin is yet to overtake the fiat as the main currency of online gambling but many seen it as the future of virtual gambling. With its greatest potential and used widely by many in the online world, the leading virtual currency can be use as the universal payment solution of the online gaming industry in the near future. The online gambling is one of most adaptive and bitcoin-friendly markets and it is highly possible that it will make bitcoin as its main currency in the future.

Indeed, actually online gambling is much more overtaking the casino in home based land casino because bitcoin can't in physical gambling compare in online almost most of the bitcoin enthusiast are after in gambling even others are really a gamblers but because of bitcoin they intent to play because of it.

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Quote from: RealPhotoshoper on March 07, 2017, 06:27:07 AM

those casinos who asking for KYC is not fully adopt bitcoin as their payment processor.
they don't want to go completely anonymous as they still have a lot of doubts and fears.
KYC actually protect both players and the casino owner , but in bitcoin casino world it is different.

Some site which is legal actually require you to send them KYC and whenever you are making suspicious activity, they will ask for it. That is why bitcoin and legal casino is not really on the same route regarding this , therefore you either find yourself a site that dont ask for it or surrender yourself and send them the KYC

That's why people shoud try to read something such as a terms and conditions before start playing.
I will avoid to play on a site that require you to upload documents for withdrawing your money.
Bitcoin casino should change how digital money work to gamble .

Sometimes those kind of terms are hidden from the site and when you win and want to withdraw a huge amount then they will ask for that, especially when they feel that there is something wrong with you winning huge amount. You got no choice either to give up your winning or surrender to their term and submit it

Then next time you should be more careful, any hidden terms could be considered as scam attempt i guess.
Those casino who applying that hidden terms is not trustworthy, a professional site will never have it.
However Bitcoin as currency option in online gambling is so perfectly match everyone agree with it right?

Labumi

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Quote from: michaelch on March 14, 2017, 02:09:34 PM

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

Instead of the bitcoin fill the void, but gambling that utilizes the bitcoin. Because as we know that the benefits in the bitcoin is located on the transaction, and also the price so that if the gamblers who mostly are those who want to get the big advantage will automatically use it. And also the other advantage is bitcoin are anonymous, and it makes the gamblers and gambling owners have a great opportunity to save money in the bank, because after they exchanged bitcoin into market the bank cannot investigate properly (if it can't work together with team market btc)

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Quote from: Ziskinberg on March 15, 2017, 03:14:02 AM

Quote from: EdenHazard on March 15, 2017, 02:43:36 AM

Quote from: Monnt on March 14, 2017, 02:24:25 PM

Quote from: traderethereum on March 13, 2017, 05:52:12 PM

we realize or not, i think bitcoin is really famous in the online gambling and this could make people judges bitcoin as for illegal thing and they only thinking that bitcoin is just for playing gambling. but with the simple of bitcoin, i think many people nowadays is using their bitcoin to playing gambling in online and they can made much of bitcoin from the games.

Gambling is a bad thing, and bitcoin encourages it since bitcoin has not documentation and the user is always hidden means that anyone could do so, so your kid could just go on the internet and start gambling and that is the bad thing about bitcoin, but the good thing is that we gamble with any amount we want.

the fault is not on bitcoin side as many people have discussed above , but on how you have to keep in touch and control over your child as a parent if the case so. everything always have a bad side to be abused , bitcoin indeed have it but you can always prevent it by many ways.

don't make things turn complicated, take it easy and take the benefit on how easy bitcoin to spend to gamble.

I completely agree with that, bitcoin is just a tool in gambling and it's the fault of the gambler if he will not be wise in gambling. We know how risky gambling is and when you are totally emotionally attached with it, it will make your life worse especially when you are addicted.
If a no minor person can be addicted, kids are more prone to it, now the responsibility and the blame will always fall to the parents.

the point are bitcoin feature as anonymous payment processor and digital money always connected into something bad things like money laundering and any other abusive things which actually it was not what satoshi as bitcoin inventor want/expected .

just take a good things about bitcoin as currency to gamble , it has fast proccess and easy to get online.

wxa7115

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Quote from: Monnt on March 14, 2017, 02:24:25 PM

Quote from: traderethereum on March 13, 2017, 05:52:12 PM

we realize or not, i think bitcoin is really famous in the online gambling and this could make people judges bitcoin as for illegal thing and they only thinking that bitcoin is just for playing gambling. but with the simple of bitcoin, i think many people nowadays is using their bitcoin to playing gambling in online and they can made much of bitcoin from the games.

Gambling is a bad thing, and bitcoin encourages it since bitcoin has not documentation and the user is always hidden means that anyone could do so, so your kid could just go on the internet and start gambling and that is the bad thing about bitcoin, but the good thing is that we gamble with any amount we want.

Bitcoin does not encourage a thing, casino owners found out they could use bitcoin to fill a void in the market, they found out that some gamblers wanted to gamble without disclosing their identities and that is exactly what bitcoin allow us to do if we choose to do it.

chris200x9

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Quote from: FlightyPouch on March 15, 2017, 04:18:07 AM

Quote from: michaelch on March 14, 2017, 02:09:34 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.

FlightyPouch

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Quote from: michaelch on March 14, 2017, 02:09:34 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?

Ziskinberg

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Quote from: EdenHazard on March 15, 2017, 02:43:36 AM

Quote from: Monnt on March 14, 2017, 02:24:25 PM

Quote from: traderethereum on March 13, 2017, 05:52:12 PM

we realize or not, i think bitcoin is really famous in the online gambling and this could make people judges bitcoin as for illegal thing and they only thinking that bitcoin is just for playing gambling. but with the simple of bitcoin, i think many people nowadays is using their bitcoin to playing gambling in online and they can made much of bitcoin from the games.

Gambling is a bad thing, and bitcoin encourages it since bitcoin has not documentation and the user is always hidden means that anyone could do so, so your kid could just go on the internet and start gambling and that is the bad thing about bitcoin, but the good thing is that we gamble with any amount we want.

the fault is not on bitcoin side as many people have discussed above , but on how you have to keep in touch and control over your child as a parent if the case so. everything always have a bad side to be abused , bitcoin indeed have it but you can always prevent it by many ways.

don't make things turn complicated, take it easy and take the benefit on how easy bitcoin to spend to gamble.

I completely agree with that, bitcoin is just a tool in gambling and it's the fault of the gambler if he will not be wise in gambling. We know how risky gambling is and when you are totally emotionally attached with it, it will make your life worse especially when you are addicted.
If a no minor person can be addicted, kids are more prone to it, now the responsibility and the blame will always fall to the parents.

EdenHazard

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Quote from: Monnt on March 14, 2017, 02:24:25 PM

Quote from: traderethereum on March 13, 2017, 05:52:12 PM

we realize or not, i think bitcoin is really famous in the online gambling and this could make people judges bitcoin as for illegal thing and they only thinking that bitcoin is just for playing gambling. but with the simple of bitcoin, i think many people nowadays is using their bitcoin to playing gambling in online and they can made much of bitcoin from the games.

Gambling is a bad thing, and bitcoin encourages it since bitcoin has not documentation and the user is always hidden means that anyone could do so, so your kid could just go on the internet and start gambling and that is the bad thing about bitcoin, but the good thing is that we gamble with any amount we want.

the fault is not on bitcoin side as many people have discussed above , but on how you have to keep in touch and control over your child as a parent if the case so. everything always have a bad side to be abused , bitcoin indeed have it but you can always prevent it by many ways.

don't make things turn complicated, take it easy and take the benefit on how easy bitcoin to spend to gamble.

Japinat

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Quote from: betlord90 on March 15, 2017, 01:09:02 AM

Quote from: Monnt on March 14, 2017, 02:24:25 PM

Quote from: traderethereum on March 13, 2017, 05:52:12 PM

we realize or not, i think bitcoin is really famous in the online gambling and this could make people judges bitcoin as for illegal thing and they only thinking that bitcoin is just for playing gambling. but with the simple of bitcoin, i think many people nowadays is using their bitcoin to playing gambling in online and they can made much of bitcoin from the games.

Gambling is a bad thing, and bitcoin encourages it since bitcoin has not documentation and the user is always hidden means that anyone could do so, so your kid could just go on the internet and start gambling and that is the bad thing about bitcoin, but the good thing is that we gamble with any amount we want.

Its good point to discuss thoroughly since the concerns are not only adults but including childrens who don't have enough guidance in the usage of modern technology especially with bitcoin. There are pros and cons of bitcoin but being responsible in its usage could be the possibility of an individual utilizing it to prosper. There is a big possibility that maybe sooner or later bitcoin will become the of online gamblingm

It's more on the parents problem in the future if they will not monitor their kids properly, gambling with bitcoin is very easy and it does not require a KYC so kids can fake their information and they are good to go. For me it's only a small problem and this will not stop the progress of bitcoin online gambling as sooner or later this will also be address once gambling sites will be regulated by the government and require them to get a license before they can operate.

betlord90

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Quote from: Monnt on March 14, 2017, 02:24:25 PM

Quote from: traderethereum on March 13, 2017, 05:52:12 PM

we realize or not, i think bitcoin is really famous in the online gambling and this could make people judges bitcoin as for illegal thing and they only thinking that bitcoin is just for playing gambling. but with the simple of bitcoin, i think many people nowadays is using their bitcoin to playing gambling in online and they can made much of bitcoin from the games.

Gambling is a bad thing, and bitcoin encourages it since bitcoin has not documentation and the user is always hidden means that anyone could do so, so your kid could just go on the internet and start gambling and that is the bad thing about bitcoin, but the good thing is that we gamble with any amount we want.

Its good point to discuss thoroughly since the concerns are not only adults but including childrens who don't have enough guidance in the usage of modern technology especially with bitcoin. There are pros and cons of bitcoin but being responsible in its usage could be the possibility of an individual utilizing it to prosper. There is a big possibility that maybe sooner or later bitcoin will become the of online gamblingm

wxa7115

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Quote from: lorylore on March 12, 2017, 08:31:21 AM

Quote from: virasisog on March 12, 2017, 08:26:52 AM

Quote from: pinkpanther03 on March 12, 2017, 03:46:04 AM

Quote from: Erza on September 11, 2015, 04:38:41 AM

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.

That is the beauty of btc. A lot of country ban online gambling so a lot of website are blocked. However, there is hardly any stopping in buying btc. And with btc, you can easily do a lot of things with it including gambling. And to try to track you down for btc gambling, the effort far outweigh the benefit so it is relatively quite a safe method.

If you are going to gamble despite the fact gambling is forbidden in your country then using bitcoin is a good first step but try to acquire those coins in an anonymously way since all your transactions could be linked back to you if you are not careful.

Monnt

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Quote from: traderethereum on March 13, 2017, 05:52:12 PM

we realize or not, i think bitcoin is really famous in the online gambling and this could make people judges bitcoin as for illegal thing and they only thinking that bitcoin is just for playing gambling. but with the simple of bitcoin, i think many people nowadays is using their bitcoin to playing gambling in online and they can made much of bitcoin from the games.

Gambling is a bad thing, and bitcoin encourages it since bitcoin has not documentation and the user is always hidden means that anyone could do so, so your kid could just go on the internet and start gambling and that is the bad thing about bitcoin, but the good thing is that we gamble with any amount we want.

michaelch

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

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Quote from: SaShiRaJaVu on March 14, 2017, 12:47:08 PM

Even when it comes to online gambling with fiat people will find a way to register even if it is restricted in a country and people will bypass that and if you look at India gambling is illegal but there is nothing against online gambling and they could not stop people from doing that but you need to provide all the documentation to play with fiat but when it comes to bitcoin gambling it is free from prying eyes and you do not need to fill in your documents to play in those sites and so nothing can stop that.

You could do that and it doesnt need rocket science knowledge to even know how to do that even if you dont. However when you actually click register they will ask if you agree to their term and most people click agree without knowing what they are agreeing with, therefore when they actually ask for documents then you will need to present what they are asking for

SaShiRaJaVu

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Quote from: stripykitteh on March 12, 2017, 01:31:24 PM

Bitcoin is very important in today's gambling niche only because the transactions are pretty quick and there isn't any major corporations trying to shut down Bitcoin because of gambling issues while winning the case.

Bitcoin can't really be put to an end that quickly because there is a bunch of people running nodes for Bitcoin all over the world and even if the nodes goes off, Bitcoins could be used on a private server so there really isn't any issues of someone wanting to shut it down.

Even when it comes to online gambling with fiat people will find a way to register even if it is restricted in a country and people will bypass that and if you look at India gambling is illegal but there is nothing against online gambling and they could not stop people from doing that but you need to provide all the documentation to play with fiat but when it comes to bitcoin gambling it is free from prying eyes and you do not need to fill in your documents to play in those sites and so nothing can stop that.

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Quote from: iqlimasyadiqa on March 14, 2017, 09:34:03 AM

Quote from: SvenBomvolen on March 12, 2017, 12:42:41 PM

I think bitcoin can really become the word in online gambling, cause we still don't count bitcoin as "real money" amd maybe that fact gives us an opportunety to play freely with bitcoin. I spend almost all bitcoins that I get from the campaign for gambling. To me it's kinda yeasy money which I don't feel regeret to loose, cause I always stay my monthly salary from work. I think bitcoin is that thing that promote online gambling and making it more popular than life one.

I agree with you . bitcoin provides us the ease of doing any gambling game. we can fill the balance easily, whenever and wherever we are. playing gambling with bitcoin is as easy as browsing on a smartphone device. development of the gambling world is currently booming because bitcoin.

Actually for me it is the safest way. Not just because of being anonymous as you use it. The safety of your ATM's and credit cards are here also. Imagine swiping your card or filling up some form so that it may be used. They can do anything that is possible to steal even by just a little amount. A dollar per gambler could earn the robber a fortune if he could steal a thousand person then it would be a $1000 per day.

I have heard stories of like this in some Customer Service related company. They earn a lot from a bad way.

Oralmat

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Quote from: iqlimasyadiqa on March 14, 2017, 09:34:03 AM

Quote from: SvenBomvolen on March 12, 2017, 12:42:41 PM

I think bitcoin can really become the word in online gambling, cause we still don't count bitcoin as "real money" amd maybe that fact gives us an opportunety to play freely with bitcoin. I spend almost all bitcoins that I get from the campaign for gambling. To me it's kinda yeasy money which I don't feel regeret to loose, cause I always stay my monthly salary from work. I think bitcoin is that thing that promote online gambling and making it more popular than life one.

I agree with you . bitcoin provides us the ease of doing any gambling game. we can fill the balance easily, whenever and wherever we are. playing gambling with bitcoin is as easy as browsing on a smartphone device. development of the gambling world is currently booming because bitcoin.

Yes, we should accept bitcoin really help the online gambling and also promote it for new gamblers to play online gambling. Because before the bitcoin, we had a problem to play online wise, than mostly gambler couldn't trust on gambling sites and also they had a problem for money transfer than they did avoid to play online. But when bitcoin came than it give us a chance to trust on gambling sites and no problem in amount transfer.

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