Topic: The benefits of bitcoin payouts for the gaming industry (Read 1238 times)
Sure bitcoin over gaming industry has made a lot new costumers happy, being playing at casinos or even buying games, the fact is that bitcoin its a usefull coin, currencie to invest anywhere , as long its supported as payment.
Bitcoin is a real game-changer for the gaming industry. By offering a solution that facilitates cross-border payments in real-time, operators can expand into new regions. This can help merchants reach new players in emerging markets where it can be difficult to pay over the web because of high transaction costs and lack of access to banking.
http://www.paymenteye.com/2017/02/27/case-study-benefits-of-bitcoin-payouts-for-the-gaming-industry/
Bitcoin has always been a good system for getting around a lot of the regulations and so that are present with modern-day gambling websites and the laws that restrict them. While not a perfect system, and it should definitely be considered as a substitute to allow for people to make use of gambling websites while also -technically- complying with regulations. http://www.paymenteye.com/2017/02/27/case-study-benefits-of-bitcoin-payouts-for-the-gaming-industry/
Bitcoin has made an evolution in the gaming, sports as well in other gambling industry as said by the op, because in the past only very few take part in gambling and that too is considered a risky one. Once after bitcoin came to field the entire scenario got changed opening a big gate for useto participate in gambling with much ease.
That us why we should really be thankful to bitcoin because it freed us to do the things we want to do specially on gambling either on gambling or online pc games aspects because as you said restrictions is to hard to bypass which really limit us to play because we dont have capability to put up money to play because its not available but now bitcoin have been created it is really a good way to play without any hassle anymore. 
Using bitcoin for purchasing items in my games like Dota 2 will be very useful. In fact, this is also one of the reasons why I'm doing bitcoin in the first place. I hope that in the future, Bitcoin can also be used to purchase items in other online games. 
Bitcoin has made an evolution in the gaming, sports as well in other gambling industry as said by the op, because in the past only very few take part in gambling and that too is considered a risky one. Once after bitcoin came to field the entire scenario got changed opening a big gate for useto participate in gambling with much ease.
Didn't Razer launch their own cryptocurrency for micro transactions? I think btc's past and decentralized nature is still impeding its endorsement
Is this really different than a regular token like steam cash in that sense? They might call it cryptocurrency and they may have created one for this purpose, but if it is used only within their platform, it is just the same as any token by any company.
I play lol and cs for digibytes, and for now I didn't see any game that have prizes in bitcoin, except in gambling, but here it's talk about gaming.
I bought cs from steam and with bitcoins, but how is that connected with real gaming? And how bitcoin can be contribute to online gambling? For now I didn't saw nothing special on this field, or I'm not well informed.
Can someone show me which games I can play and earn bitcoins, but not gambling games, real ones. As I know big prizes for e-sports are in other fiat currencies, I didn't hear that some prize was in bitcoins.
Do you mean like earning the Bitcoin by competing in a skill based game?I bought cs from steam and with bitcoins, but how is that connected with real gaming? And how bitcoin can be contribute to online gambling? For now I didn't saw nothing special on this field, or I'm not well informed.
Can someone show me which games I can play and earn bitcoins, but not gambling games, real ones. As I know big prizes for e-sports are in other fiat currencies, I didn't hear that some prize was in bitcoins.
Well in order to do that I think the only think you can do is just wait for e-sports organizers to start accepting Bitcoin as a prize
In fact most of the players in the emerging has used the gift card or voucher to changing the method to pay over the web.
And it's not really useful for all. In case of the steam more people still interest for using the another payment because it can deliver your transaction for instantly.
The technical problem of bitcoin still become the big reason to prevent the bitcoin will expand into the other communities.
And it's not really useful for all. In case of the steam more people still interest for using the another payment because it can deliver your transaction for instantly.
The technical problem of bitcoin still become the big reason to prevent the bitcoin will expand into the other communities.
Bitcoin is a real game-changer for the gaming industry. By offering a solution that facilitates cross-border payments in real-time, operators can expand into new regions. This can help merchants reach new players in emerging markets where it can be difficult to pay over the web because of high transaction costs and lack of access to banking.
http://www.paymenteye.com/2017/02/27/case-study-benefits-of-bitcoin-payouts-for-the-gaming-industry/
The other beneficial of bitcoin in the gaming industry can add the gamers from all of people around the world, http://www.paymenteye.com/2017/02/27/case-study-benefits-of-bitcoin-payouts-for-the-gaming-industry/
there is chance the game become go internasional costumers because as we know bitcoin is global payment
although still there are gamers who doesn't know about bitcoin, the problem of high transaction fees in bitcoin
is the problem on bitcoin but right now there is solution be offered by developer and comunity although it is not fix the problem.
Didn't Razer launch their own cryptocurrency for micro transactions? I think btc's past and decentralized nature is still impeding its endorsement
Is this really different than a regular token like steam cash in that sense? They might call it cryptocurrency and they may have created one for this purpose, but if it is used only within their platform, it is just the same as any token by any company.
Didn't Razer launch their own cryptocurrency for micro transactions? I think btc's past and decentralized nature is still impeding its endorsement
I think they will be wrong not to allowed Bitcoin, Bitcoin is a borderless currency and will enable them to penetrate more market than using Fiat, the taste for games continue to increase
I am a gamer myself and I would love to see bitcoin payment introduced in my favorite games. But as Always it is not pure p2p bitcoin transaction this article is about.
The implemented this 'Bitcoin cashier system' or whatever it is called and it is designed to ensure merchants' compliance with legal regulations.
So we will have Know Your Customer amazing policies implemented and of course AML which always goes with it as well.
The implemented this 'Bitcoin cashier system' or whatever it is called and it is designed to ensure merchants' compliance with legal regulations.
So we will have Know Your Customer amazing policies implemented and of course AML which always goes with it as well.
that is right, and that is what i said to steam in my email request so that they add bitcoin payment option too. of course they didn't do it right away by that time but eventually they realized this and added their bitcoin payment last year.
and i think it helped a lot of us bitcoin gamers to have an awesome way of spending our bitcoin instead of using credit cards.
and i think it helped a lot of us bitcoin gamers to have an awesome way of spending our bitcoin instead of using credit cards.
Correct me if I'm wrong, gaming is the first industry to take advantage of bitcoin as payment scheme. Players just deposit bitcoin in to there account and then they can play instantly. Imagine if you are in the other part of the globe and you just deposit in casino in US or UK or Europe to play how revolutionary is that? All you need is to register an account at any casino, deposit it, then play across borders and caters for players in multiple currencies globally including bitcoin.
I see it as more convenient way to reward players as you just have to send a specific bitcoin amount to their wallet and done, simple.
Bitcoin is so beneficial in game industry, it can improve the purchasing features so having a BTC as a payment method can help a lot to both user and app owner to have a smooth and fast transaction. Just a few clicks and copy paste and then you are done.
i don't remember but with steam introducing bitcoin i didn't see an increase in purchase int heir platform because of that? simply those that were using only debit card are now using bitcoin too
blizzard for example should really accept bitcoin for their winning tournement or for internal purchase, the same can be said about gog
there was tons of benefits for gambling industry using bitcoin as the payment and this article was so interesting indeed with bitcoin the casinos could get the consumers from whole of the world without any trouble because for the casinos more costumers means more chance to get profit and using bitcoin also had low fees for each transactions rather than other currency
gambling industry is not really gaming, it's another sector, i could agree that bitcoin there is more prominent
I play lol and cs for digibytes, and for now I didn't see any game that have prizes in bitcoin, except in gambling, but here it's talk about gaming.
I bought cs from steam and with bitcoins, but how is that connected with real gaming? And how bitcoin can be contribute to online gambling? For now I didn't saw nothing special on this field, or I'm not well informed.
Can someone show me which games I can play and earn bitcoins, but not gambling games, real ones. As I know big prizes for e-sports are in other fiat currencies, I didn't hear that some prize was in bitcoins.
I bought cs from steam and with bitcoins, but how is that connected with real gaming? And how bitcoin can be contribute to online gambling? For now I didn't saw nothing special on this field, or I'm not well informed.
Can someone show me which games I can play and earn bitcoins, but not gambling games, real ones. As I know big prizes for e-sports are in other fiat currencies, I didn't hear that some prize was in bitcoins.
there was tons of benefits for gambling industry using bitcoin as the payment and this article was so interesting indeed with bitcoin the casinos could get the consumers from whole of the world without any trouble because for the casinos more costumers means more chance to get profit and using bitcoin also had low fees for each transactions rather than other currency
Bitcoin is revolutionary payment method for online gambling which have enabled many new bitcoin based casino to start without getting any legal license. Also players will have full privacy while playing in casino if they have paid through bitcoin anonymously.
Gone through the case study and it looks like this case study is to promote Payment21
Gone through the case study and it looks like this case study is to promote Payment21
Quote
Payment21 is a fully regulated Bitcoin payment service provider. As a registered financial intermediary with the Swiss Financial Market Supervisory Authority
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