Found someone copy pasting, reported him but the report remains unhandled:
This reply:
https://bitcointalksearch.org/topic/can-someone-explain-the-trend-of-bitcoin-casinos-creating-altcoins-2018866Original source:
http://bitcoincasino.best/bitcoin-vs-altcoins-a-gambling-perspective/Quoting the reply, in case it's edited:
While Bitcoin is certainly the biggest player in the cryptocurrency world due to its bigger fan base and developed infrastructure, it is not the only competitor. Over 500 other cryptocurrencies exist, many of which are considered to be potential challengers to the Bitcoin’s supremacy.
All cryptocurrencies share certain common features: they were created to provide anonymity, enhance speedy transactions, and to provide a larger stock base. However, they also exhibit certain distinct differences. For gamblers who are still undecided on the best cryptocurrency to use, here is a brief comparison between Bitcoins and Altcoins:
Superior Currency
From a wider perspective, none of the Altcoins would have been known without Bitcoins. Basically, all cryptocurrencies—Litecoin, Ripple, Etherum, I/O coin, Dogecoin, and Bitshares among others—are based on peer-to-peer network visualized by Bitcoin’s founder, Satoshi Nakamoto—a decentralized network that’s impossible to trace by banks and other financial authorities. However, in terms currency supremacy, Bitcoin has always been on top—it’s US$600 more worth than its closest competitor, Etherum
Security
When it comes to financial security, Bitcoin still carries the day. Altcoins can easily be manipulated by big players in the market by purchasing large amounts of a given cryptocurrency and inflating its price before crashing its market. On the long run, the value of the target cryptocurrency drops dramatically and may fail to recover.
Unique Features
Despite the strong features that Bitcoins boast of, Altcoins are also uniquely endowed with certain features which can come in handy, especially for gamblers. To begin with, Litecoin, one of the popular Altcoins can be generated in blocks of 2.5 minutes compared to 10 minutes wait time for Bitcoin. Besides currency, Altcoins also incorporate a wide range of assets and built-in exchange that enhances easier trading of the assets against one another.
Moreover, Altcoins provide greater opportunities for gamblers and other entrepreneurs who swim in the wild waters of virtual currency. Through Altcoins, they can create millions over night considering that the growth of the numerous assets can hit an inconceivable rate.
Bottom Line
So which cryptocurrency is the best? And will Altcoins ever overtake Bitcoins? Although the first question is based on one’s preferences and other obvious factors, the latter remains a million dollar question.
What gives Bitcoin its value, whatever that value is at the moment, is that people believe it has value. If enough people agree on an altcoin that they like better, Bitcoin could be abandoned. But for me, I’m sticking with bitcoin based casino like VegasCasino.io (My personal favorite casino) for superior currency .