Question for regular casino players. Will you use Lightning if available? - page 5.

delfastTions

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Quote from: Newlifebtc on June 27, 2022, 07:11:22 AM

Quote from: Wind_FURY on June 27, 2022, 06:33:08 AM

Quote from: paxmao on June 23, 2022, 04:23:37 PM

I do not think implementing lighting is even a question. You just need to see that even if a limited number of users are willing to use it because it confers and advantage then is a question of using it to create an advantage to gather more users to use your site. From my user perspective, sure lighting is much welcome. The more alternatives the better for me.

Would you then be 100% sure to use the Lightning Network if it was available in your favorite casino? Because I'm starting to believe that more than 50% of the people who posted "yes" in the topic, won't actually use it once they learn that it will require an extra step to put Sats in your Lightning Wallet, and another extra step to convert them back to Bitcoin. If you use a custodial service/app like BlueWallet, you would need a third party service like, https://zigzag.io/

I have been hearing lightning network and I don't know how it was even to compare it with the casino gambling game I want to know the difference between this lightning network and bitcoin and the casino game does it mean that this lightning network is a very important to the extent that it consist on it home like a Bitcoin or it is a network that support the industry of Bitcoin procession I think I need more explanation

To understand all the advantages of the Lightning Network, you must, of course, try to use this network yourself. This is not difficult. By the way, after the legalization of bitcoins in El Salvador, the use of LN there has grown many times over. Of course, at first it may seem difficult when you need to block a little Satoshi in the channel. But then everything becomes easy.

I support those casinos that will introduce such a form of payments as LN. The more such casinos, the better.

Newlifebtc

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Quote from: Wind_FURY on June 27, 2022, 06:33:08 AM

Quote from: paxmao on June 23, 2022, 04:23:37 PM

I do not think implementing lighting is even a question. You just need to see that even if a limited number of users are willing to use it because it confers and advantage then is a question of using it to create an advantage to gather more users to use your site. From my user perspective, sure lighting is much welcome. The more alternatives the better for me.

Would you then be 100% sure to use the Lightning Network if it was available in your favorite casino? Because I'm starting to believe that more than 50% of the people who posted "yes" in the topic, won't actually use it once they learn that it will require an extra step to put Sats in your Lightning Wallet, and another extra step to convert them back to Bitcoin. If you use a custodial service/app like BlueWallet, you would need a third party service like, https://zigzag.io/

I have been hearing lightning network and I don't know how it was even to compare it with the casino gambling game I want to know the difference between this lightning network and bitcoin and the casino game does it mean that this lightning network is a very important to the extent that it consist on it home like a Bitcoin or it is a network that support the industry of Bitcoin procession I think I need more explanation

Wind_FURY

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Quote from: paxmao on June 23, 2022, 04:23:37 PM

I do not think implementing lighting is even a question. You just need to see that even if a limited number of users are willing to use it because it confers and advantage then is a question of using it to create an advantage to gather more users to use your site. From my user perspective, sure lighting is much welcome. The more alternatives the better for me.

Would you then be 100% sure to use the Lightning Network if it was available in your favorite casino? Because I'm starting to believe that more than 50% of the people who posted "yes" in the topic, won't actually use it once they learn that it will require an extra step to put Sats in your Lightning Wallet, and another extra step to convert them back to Bitcoin. If you use a custodial service/app like BlueWallet, you would need a third party service like, https://zigzag.io/

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Quote from: paxmao on June 23, 2022, 04:23:37 PM

I do not think implementing lighting is even a question. You just need to see that even if a limited number of users are willing to use it because it confers and advantage then is a question of using it to create an advantage to gather more users to use your site. From my user perspective, sure lighting is much welcome. The more alternatives the better for me.

The more alternative the better which is really a precise line to say which i do fully agree on this one.If ever this one had been implemented out then there's no doubt that people would just embrace it.

Lets see if this thing would happen but since LN isnt really that fully reliable as of this moment or still experimental then its normal that people would really be having doubts whenever
they cant still make use of it.

But basing on my awareness which i have seen some gambling sites are using LN already.Dont know on whats the set-up but it seems it didnt go that well?

paxmao

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I do not think implementing lighting is even a question. You just need to see that even if a limited number of users are willing to use it because it confers and advantage then is a question of using it to create an advantage to gather more users to use your site. From my user perspective, sure lighting is much welcome. The more alternatives the better for me.

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Integrating the use of a lightning network may be good for crypto casinos especially if the casino is dominated by gamblers who use bitcoin as a means of payment as opposed to altcoin which have low transaction fees. In my opinion, bitcoin transaction fees so far are also not very high and I don't think it bothers most gamblers. If at any time there is an increase in transaction fees on the bitcoin network then I think gamblers will use altcoin so I don't think the casino owner will immediately integrate his casino lightning network.

LN may be important, but I'm sure it's not a very urgent need for any casino.

Gianluca95

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It would be cool to use Lightning Network for gambling site, because fee are really low and helps me to have a saving with amount that I want to play. Also USDT TRC20 could be a good alternative. Hope that the major

platform will submit an update into their payment method and allow user to deposit with that two method (especially LN, it'd be important).

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Quote from: Wind_FURY on April 19, 2022, 02:09:34 AM

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?

If Lightning Network available on any gambling site. I definitely will use this Network. Coz Lightning network has complete transcation very quickly and it charge low txh fees. It is very affordable. So this is one of my favorite networks for transcation

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LN is more suitable for small/micro transactions. One of the problems is that people would rather use altcoins that are easy to understand, implement and use for small transactions. I wish Bitcoin solved the small transaction issue without necessarily creating another layer that is quite different from the parent. It's more like trying to convince your human community that a squirrel is your child whereas you are human.

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Quote from: MrcMrc on June 09, 2022, 12:51:20 AM

My answer is yes I will gladly use the lightning network on gambling if that is allowed, that will make my transaction fast with lesser fees. this will be a good development to see gambling using a lighting network to process player transactions.

Many of these Casinos that are in this forum does not use lightening network so why will I be bordered to use it when it has it own flux. I will rather still to the traditional patten of sending Bitcoin and receiving it than taking the risk to fund gambling account through the use of lightening network to reduce the transaction fee. The transaction I do pay is not too much for me to complain about anything.

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Quote from: LUCKMCFLY on June 21, 2022, 10:02:18 PM

Quote from: MrcMrc on June 09, 2022, 12:51:20 AM

My answer is yes I will gladly use the lightning network on gambling if that is allowed, that will make my transaction fast with lesser fees. this will be a good development to see gambling using a lighting network to process player transactions.

Whenever we are going to make a deposit in a casino we see the options to spend less fee, one of them is to use other cryptocurrencies, such as trx, ada, among others, because we always want to pay less to use that money in the casino, however when we put money in BTC it is more difficult, both to leave an exchange and sometimes to enter a platform, there is always an associated fee that is considerable, however now with the price of BTC that is not so low it may be something that It doesn't stick so much, but in context if it has something of value, if BTC when it was worth almost $70k a BTC fee was quite strong, for my LN it is the perfect solution, especially for players who only use BTC.

Perhaps I will also note such an important point when using LN as the speed of transactions. When you play and need to urgently replenish the deposit, this is very important. Because your condition calls for it to be faster, faster.
But still, the use of altcoins, even with very fast transactions and low commissions, looks like something not quite necessary when you have bitcoin and the LN network is connected.
I think that LN will still be more actively implemented in the gambling industry.

Wind_FURY

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Quote from: LUCKMCFLY on June 21, 2022, 10:02:18 PM

Quote from: MrcMrc on June 09, 2022, 12:51:20 AM

My answer is yes I will gladly use the lightning network on gambling if that is allowed, that will make my transaction fast with lesser fees. this will be a good development to see gambling using a lighting network to process player transactions.

Whenever we are going to make a deposit in a casino we see the options to spend less fee, one of them is to use other cryptocurrencies, such as trx, ada, among others, because we always want to pay less to use that money in the casino, however when we put money in BTC it is more difficult, both to leave an exchange and sometimes to enter a platform, there is always an associated fee that is considerable, however now with the price of BTC that is not so low it may be something that It doesn't stick so much, but in context if it has something of value, if BTC when it was worth almost $70k a BTC fee was quite strong, for my LN it is the perfect solution, especially for players who only use BTC.

I'm actually starting to doubt, and question the value proposition of "Lightning as a cheaper way" to transact in Bitcoin. I believe many of the posters in the topic who said that "they would definitely use Lightning" really won't. They would remain, and still use an altcoin. There should be a more effective value proposition for Lightning to be the preferred way to transact. I already mentioned a no-KYC casino directly built on the Lightning Network, like DirectBet was built on Bitcoin.

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Quote from: MrcMrc on June 09, 2022, 12:51:20 AM

My answer is yes I will gladly use the lightning network on gambling if that is allowed, that will make my transaction fast with lesser fees. this will be a good development to see gambling using a lighting network to process player transactions.

Whenever we are going to make a deposit in a casino we see the options to spend less fee, one of them is to use other cryptocurrencies, such as trx, ada, among others, because we always want to pay less to use that money in the casino, however when we put money in BTC it is more difficult, both to leave an exchange and sometimes to enter a platform, there is always an associated fee that is considerable, however now with the price of BTC that is not so low it may be something that It doesn't stick so much, but in context if it has something of value, if BTC when it was worth almost $70k a BTC fee was quite strong, for my LN it is the perfect solution, especially for players who only use BTC.

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Quote from: virasisog on June 15, 2022, 10:34:12 AM

Most gamblers prefer LN, it's just that it isn't available on many gambling sites. It will be an edge if they will consider adding it as an option because, to be honest, most of us would choose faster transactions regardless of their fee. It's also a good thing that the LN network is continuously developing despite the market situation. I hope that more developments would happen soon and casino owners would see the importance of LN network.

If we prefer to have a fast transaction no matter what the fee is then why can we just use the coins that we currently see? Bitcoin for example and then use a high priority or set the fee in the highest possible value so that the transaction can go really fast.

There are casino that has a high withdrawal fee but the coins can arrive much faster than those who only have a minimal fee. Didn't knew that LN is being developed continuously? That's nice but it's useless at the same time because casinos still didn't give an importance to it. I don't know what ln is planning but lets hope you are right, that casinos can noticed them one day.

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Quote from: Wind_FURY on April 19, 2022, 02:09:34 AM

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?

Wow! A lightening network would be interesting to make use of in transaction, and I strongly believe many users out there will buy into the use of such network for transaction especially when it comes with a pocket friendly fee iin the cost of transact.

I could remember making a Bitcoin transaction with my wallet and due to the lower fee I opted for it took 48 hours to get the transaction done successfully. Now imagine it was a case of emergency.
So such technology would be helpful for emergency transfer situation due to it's speed. But then, there should be options for users too to choose from so different services to use, so users can have a wide range of choice as to which to use depending on the urgency of the transfer.

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Quote from: delfastTions on June 15, 2022, 01:22:35 AM

Quote from: pakhitheboss on June 10, 2022, 01:43:20 AM

I think the casino operators or owners should give an option to their users whether they want to use LN. Without giving an option no one here would able to find out whether their will an increase in demand to use the LN service in casino. If it is a succes then obviously other casinos will follow.

It should also be noted here that the very development of the LN protocol should have a positive effect on its use in the cryptocurrency gambling industry.

By the way, quite a lot of new messages about the development of LN were made at the recent Bitcoin conference in Austin. The technology itself is clearly developing even despite such a sad flight down the bitcoin rate. And the development of technology hopefully will lead to greater use in crypto-casinos.
We all just have to wait.

Most gamblers prefer LN, it's just that it isn't available on many gambling sites. It will be an edge if they will consider adding it as an option because, to be honest, most of us would choose faster transactions regardless of their fee. It's also a good thing that the LN network is continuously developing despite the market situation. I hope that more developments would happen soon and casino owners would see the importance of LN network.

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Quote from: pakhitheboss on June 10, 2022, 01:43:20 AM

I think the casino operators or owners should give an option to their users whether they want to use LN. Without giving an option no one here would able to find out whether their will an increase in demand to use the LN service in casino. If it is a succes then obviously other casinos will follow.

It should also be noted here that the very development of the LN protocol should have a positive effect on its use in the cryptocurrency gambling industry.

By the way, quite a lot of new messages about the development of LN were made at the recent Bitcoin conference in Austin. The technology itself is clearly developing even despite such a sad flight down the bitcoin rate. And the development of technology hopefully will lead to greater use in crypto-casinos.
We all just have to wait.

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Quote from: Dunamisx on June 09, 2022, 08:42:26 AM

Quote from: Don Pedro Dinero on June 09, 2022, 01:05:13 AM

Actually, no.

But simply because I haven't used it for anything yet. On some sites I use I have the option to pay in bitcoin using LN but I haven't done it. I suppose that in time it will become widespread and I will end up using it, but not at the moment. I don't really use altcoins, so I will continue to use Bitcoin and maybe in the future LN, but not exclusively for gambling.

Making use of the lightening network on gambling site can be encouraged but it has more advantage from one end than the other, the operators of the casinos stand to benefit more from this than individuals gamblers and if lightening network can be a thing of optional and choice just as it has then many gamblers wouldn't prefare the network for effective usage all because they would have easily use ordinary transaction than to LN, and as for the casino operators, this will safe them time and fees required when making payments to users.

I think the casino operators or owners should give an option to their users whether they want to use LN. Without giving an option no one here would able to find out whether their will an increase in demand to use the LN service in casino. If it is a succes then obviously other casinos will follow.

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Quote from: delfastTions on June 09, 2022, 01:54:42 AM

Quote from: delfastTions on June 08, 2022, 02:39:55 AM

And the number of LN users is also decreasing.

You, dear colleagues, misunderstood me.
Or maybe it's my own fault for not expressing my thoughts correctly?

So: of course, the number of LN users does not decrease in a global perspective. The number of channels is growing all the time. I meant the fact that when the bitcoin mempul is small, the commissions are small, it may be easier for the user to complete a regular transaction in the main blockchain. And there is no need to understand the complexities of LN. And these difficulties still present a problem for many inexperienced people. But when the commissions on the main network become large, for example a few dollars, then of course LN becomes more in demand. That's what I meant. And this process is cyclical. Now, during the bitcoin flat, it is clear that LN is less in demand. But if there is an increase in the bitcoin rate, the commissions will increase, many will again use LN.

Well, hard to blame us for not understanding you, you literally said the number of LN users is decreasing so you definitely expressed the wrong thing.

Today there is a report on LN hitting ALL TIME HIGH both on pools, networks/channels opened as well as users and transactions.

So, clearly, your knowledge is misinformed or the news I am reading is fake Wink

https://bitcoinist.com/bitcoin-lightning-network-capacity-reaches-new-ath/

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Quote from: Don Pedro Dinero on June 09, 2022, 01:05:13 AM

Actually, no.

But simply because I haven't used it for anything yet. On some sites I use I have the option to pay in bitcoin using LN but I haven't done it. I suppose that in time it will become widespread and I will end up using it, but not at the moment. I don't really use altcoins, so I will continue to use Bitcoin and maybe in the future LN, but not exclusively for gambling.

Making use of the lightening network on gambling site can be encouraged but it has more advantage from one end than the other, the operators of the casinos stand to benefit more from this than individuals gamblers and if lightening network can be a thing of optional and choice just as it has then many gamblers wouldn't prefare the network for effective usage all because they would have easily use ordinary transaction than to LN, and as for the casino operators, this will safe them time and fees required when making payments to users.

Topic: Question for regular casino players. Will you use Lightning if available? - page 5. (Read 3366 times)