Topic: The History Of Crypto Gambling - page 3. (Read 523 times)
Gambling platforms improve starting with a lot of fun and small jackpot rounds. Freebitco is very easy in the gambling community where everyone easily bets on their casinos by resolving the issue of player trust in game providers trueplay helps eliminate the risks associated with responsible gaming the platform will provide an opportunity to control game addiction and prevent players from overstepping the bounds. In addition suppliers will have built in functionality for monitoring and licensing accounting.
Yeah and from what I remember freebitco.in is also the first faucet who ever existed here in crypto world (correct me if I'm wrong) also I've been hearing about Satoshi Dice somewhere last year but didn't know it was one of the first gambling platform that existed in this whole time...
Well I guess, it is only FortuneJack what I know best on that list and been playing with it until now.
So it's been a pleasure to use a platform that has been one to be considered a history
I was also about to mention that. Well I guess, it is only FortuneJack what I know best on that list and been playing with it until now.
So it's been a pleasure to use a platform that has been one to be considered a history
Freebitco.in was one of the longest when it comes to faucet but administered with gambling too.
Back then, I dice my accumulated bitcoin from faucets or I would buy tickets for the lotto game.
As soon as I hit one small jackpot I took it out. I think it was way back 2015 but I don't know what date their inception is.
Satoshidice is a bch casino now though, isn't it? I wonder how this happened. If Roger bought the business or this is the owner's honest opinion on bitcoin. (bch being the real one)
Also don't forget directbet.eu.
I liked them a lot.
Also don't forget directbet.eu.
I liked them a lot.
I'm also curious about on why Satoshi Dice select to shift on BCH and maybe they are been influenced by Roger or they see something good about adopting it and I don't find any related article to give the reasons on why the dev do that.
The only theory we can speculate to that is maybe someone from BCH huge supporter bough Satoshi Dice or maybe Roger Ver do it to expand the influence of BCH and make the bitcoin supporters curious about those events.
That is a lot to take but it is simply the reality of how bitcoin gambling started and don't forget another crypto's to be included on any gambling site,
I surely now know the history of Bitcoin and how people try to revolutionize it and turn it into something we could never think of and I think it is all thanks to Blockchain technology if it isn't for that ledger tech, people would not realize the potential for cryptocurrency,
I would personally what to know what the pizza guy would think and feel if he learned that the currency he used to buy 2 boxes of pizza now turn into a whole lot of treasure right now and just like the history of gambling the history of the first purchase for Bitcoin was on May 22, 2010, and I would like to share that story.
https://www.youtube.com/watch?v=j28hkTJMuTA
I surely now know the history of Bitcoin and how people try to revolutionize it and turn it into something we could never think of and I think it is all thanks to Blockchain technology if it isn't for that ledger tech, people would not realize the potential for cryptocurrency,
I would personally what to know what the pizza guy would think and feel if he learned that the currency he used to buy 2 boxes of pizza now turn into a whole lot of treasure right now and just like the history of gambling the history of the first purchase for Bitcoin was on May 22, 2010, and I would like to share that story.
https://www.youtube.com/watch?v=j28hkTJMuTA
Worth to read for every crypto gambling community members, such an interesting thing to know that cryptos were used for gambling in the year 2012 itself which is like the first ever platform to use cryptocurrency more regularly?
And now after a decade we have 100s of awesome gambling sites with multiple games to bet on.
And now after a decade we have 100s of awesome gambling sites with multiple games to bet on.
verry interesting facts .
i recognized the 4 casinos in the story but not the poker because i havent seen that appeared in this forum or maybe it did appeared but there are no comebacks that have been made because other casino revive their old ann threads and starting to re launch a new campaign and you didnt include primedice , freebitco , 777 coin, bitvest and few more old casinos because i think they also started way back 2013 and 2014 .
i recognized the 4 casinos in the story but not the poker because i havent seen that appeared in this forum or maybe it did appeared but there are no comebacks that have been made because other casino revive their old ann threads and starting to re launch a new campaign and you didnt include primedice , freebitco , 777 coin, bitvest and few more old casinos because i think they also started way back 2013 and 2014 .
Haven't heard of this ever since I enter the world of Crypto, seems like my knowledge on history aren't sufficient (more to be discovered)
Anyways thanks for correcting me. BTW i tried to click the link of yours but it takes me on nothing...
or it has been long gone?
Just hoping I could see on how does the platform looks like as it was my first time hearing it.
Histories has always been interesting particularly in terms of bitcoin. Today each BTC is nearly $50k but 10 years back gavin gave 5BTC for each visitor Anyways thanks for correcting me. BTW i tried to click the link of yours but it takes me on nothing...
or it has been long gone?
Just hoping I could see on how does the platform looks like as it was my first time hearing it.
You can find more interesting historical facts in my topic which I created 2 years back : Story of the Firsts - The events which triggered everythingRegarding the unavailability of website, I think the faucet was closed back in 2011 when bitcoins rised in prices. I tried the same website in archive.org to find some evidences and got to know there were screen captures existed. Here was how the website functioned in 2010 : https://web.archive.org/web/20100703032414/https://freebitcoins.appspot.com/
- Moneypot ( now called bustabit) the first crash game ever by Espringe
I thought RHavar was the original inventor of the famous crash game but you seem to be right in fact, according to this post he "only" bought it and improved it. I thought espringe invented wallet also because the thread where he sold it, there was said moneypot wallet. It was maybe in 2014 year.
The original "moneypot" was actually a game, and had nothing to do with "the gambling wallet". I purchased "moneypot the game" which came with the moneypot.com domain, and was working on a "gambling wallet" service (which at the time, I called "vault"). But I found the name "moneypot" was more suitable for the gambling wallet than the game, so what I did was rebrand "moneypot the game" as "bustabit". And launched "vault" as "moneypot the gambling wallet". And then later sold moneypot.com (which at this time was the gambling wallet project).
So yeah, it's a bit of a confusing history
Crypto gambling industry boomed because of the convenience it gave to people. Many like to gamble and doing it at home on their phone or laptop is a big change. Add to that is privacy, they can go to a gambling platform without exposing their real identity. Though some gambling websites now require KYC but there are still some where you can gamble freely. You don't even need a big amount to play on those platforms unlike in real casinos where a minimum amount is required to play and is already big for some people.
Yes, Satoshi Dice turned into an exclusive bitcoin cash casino nowadays.
In addition to this SatoshiDice is currently under Bitcoinvideocasino's ownership as the site is linked on the side of their casino page and there's also this post of approval from their official forum account. I'm not sure if Roger Ver encouraged them to use BCH but there was a partnership thing going on between them based on this interview.
With comparison to the starting days, the growth is tremendous. Now this has been a big market for cryptocurrency. Specific percentage of cryptocurrencies circulation happens through the gambling sites which makes the market stronger. The very first site being bitcasino.io is really an unexpected information. Lets dig more history from the beginning days.
You forgot about satoshidice . As i remember, this was the oldest dice gambling crypto platform, which was launched in 2013 (or even earlier, lol). Earlier than many of other casinos, like Sportsbet you've mentioned in your OP topic.
Oh yeah, here it is
The first one dice crypto site.
Oh yeah, here it is
Quote
SatoshiDice was launched on April 18, 2012.
The first one dice crypto site.
what we can conclude here, is that gambling industry is the first ones to adopt the usage of cryptocurrencies. and look at where we are now, still new casinos are being launched everyday. we have seen that one major use case of crypto is in the gambling industry. and one of the industries that was not affected by the pandemic. instead of slowing down, this has grown a lot in the previous months. i guess, this industry is the one that benefited from this pandemic crisis because even some of the fiat-based casinos are now accepting crypto to adopt the current trend.
IMO, the crypto gambling industry still has a lot of room for new gamblers, that crowded word never happen because the adoption continues and we have to remember that crypto is still on the early stage as evidence but its very high price volatility.
Quote
Anyway, winning such amount of money in gambling today is very impossible to happen, its also good to know how crypto gambling started, and now we’re almost see crowded gambling site.
It maybe possible for whales though.. but chance is probably like 1% as trusting the site with a huge bet is already putting your money at big risk and I don't know if there are gambling sites that has 11k of bitcoin in their wallet. 
That's knowledgeable trivia, thank you for sharing this.
If you will check this forum on the last page in a gambling site, (pages 252) there's a lot of gambling that I don't know if until now exist and I guess, we only know those who are operating long time ago and until now.
I can't imagine if I am the one who won thousands of bitcoin and until now I have that amount of bitcoin, I guess, I am a part of a whale at this moment. Is Satoshi Nakamoto did have a plan to have his own gambling site? If that Satoshi dice founded at the year 2009, I guess I will suspect that belongs to the bitcoin creator.
If you will check this forum on the last page in a gambling site, (pages 252) there's a lot of gambling that I don't know if until now exist and I guess, we only know those who are operating long time ago and until now.
I can't imagine if I am the one who won thousands of bitcoin and until now I have that amount of bitcoin, I guess, I am a part of a whale at this moment. Is Satoshi Nakamoto did have a plan to have his own gambling site? If that Satoshi dice founded at the year 2009, I guess I will suspect that belongs to the bitcoin creator.
You forgot about satoshidice . As i remember, this was the oldest dice gambling crypto platform, which was launched in 2013 (or even earlier, lol). Earlier than many of other casinos, like Sportsbet you've mentioned in your OP topic.
Oh yeah, here it is
The first one dice crypto site.
Oh yeah, here it is
Quote
SatoshiDice was launched on April 18, 2012.
The first one dice crypto site.
what we can conclude here, is that gambling industry is the first ones to adopt the usage of cryptocurrencies. and look at where we are now, still new casinos are being launched everyday. we have seen that one major use case of crypto is in the gambling industry. and one of the industries that was not affected by the pandemic. instead of slowing down, this has grown a lot in the previous months. i guess, this industry is the one that benefited from this pandemic crisis because even some of the fiat-based casinos are now accepting crypto to adopt the current trend.
what we can conclude here, is that gambling industry is the first ones to adopt the usage of cryptocurrencies. and look at where we are now,
I'm not sure this is a good things to be proud of. I would prefer some more merchant-based (but not an illegal examples like history with SilkRoad). But whatever, at least something
And now we have a lot of casinos because of what i said in some another topic - this is very easy to launch them since you don't need any registration in crypto world.
You forgot about satoshidice . As i remember, this was the oldest dice gambling crypto platform, which was launched in 2013 (or even earlier, lol). Earlier than many of other casinos, like Sportsbet you've mentioned in your OP topic.
Oh yeah, here it is
The first one dice crypto site.
Oh yeah, here it is
Quote
SatoshiDice was launched on April 18, 2012.
The first one dice crypto site.
what we can conclude here, is that gambling industry is the first ones to adopt the usage of cryptocurrencies. and look at where we are now, still new casinos are being launched everyday. we have seen that one major use case of crypto is in the gambling industry. and one of the industries that was not affected by the pandemic. instead of slowing down, this has grown a lot in the previous months. i guess, this industry is the one that benefited from this pandemic crisis because even some of the fiat-based casinos are now accepting crypto to adopt the current trend.
Satoshidice is a bch casino now though, isn't it? I wonder how this happened. If Roger bought the business or this is the owner's honest opinion on bitcoin. (bch being the real one)
Yes, Satoshi Dice turned into an exclusive bitcoin cash casino nowadays.That is what they say about accepting bch instead of btc:
Quote
Bitcoin vs Bitcoin Cash
True to the original spirit of Satosh vision for a peer to peer electronic cash systemi, Satoshi Dice only allows players to use Bitcoin Cash. Any Segwit Bitcoin that are mistakenly sent to a Satoshi Dice address will be considered a donation to further the development of Bitcoin Cash.
Satoshi Dice RulesTrue to the original spirit of Satosh vision for a peer to peer electronic cash systemi, Satoshi Dice only allows players to use Bitcoin Cash. Any Segwit Bitcoin that are mistakenly sent to a Satoshi Dice address will be considered a donation to further the development of Bitcoin Cash.
About the currently ownership of Satoshi Dice that is what is known:
Quote
A user of this wiki claimed that it is currently operated by and licensed under Costa Rica-based Blockchain Limitada. It is unclear whether Mr. Voorhees controls Blockchain Limitada. A google search for "Blockchain Limitada" yields no hits.
Bitcoin Wiki - Satoshi Dice Missed a point!
EDIT: This is weird, that i didn't saw that Satoshidice is already in your topic :0 My bad
Nice trivia mate I'm not aware in most of the information you shared here.
I'm stuck with the number 2.
Where it is now, bitcoin is not anymore fast, maybe fast if you pay a huge fee but it's not the same during the time of 2009.
So I guess bitcoin is not anymore good for online payment like gambling as there are altcoins which are cheaper and faster.
it's all we need, cheaper and faster which we will not longer get on bitcoin.
I'm stuck with the number 2.
2. First transaction took place in January 2009
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Where it is now, bitcoin is not anymore fast, maybe fast if you pay a huge fee but it's not the same during the time of 2009.
So I guess bitcoin is not anymore good for online payment like gambling as there are altcoins which are cheaper and faster.
it's all we need, cheaper and faster which we will not longer get on bitcoin.
Thanks for the effort op and i was surprised about those name mentioned to be part of history as if theyre just new into gambling industry specially with Bitcasino whom i thought they are just new.Im bit sure that there are other old casino or dice site should be included on the list?
Those winnings wayback to those years are awesome but considering the value then it is most likely a typical or ordinary hit but in todays price then that would be life changing.
gambling industry had become so big only in a decades time
and still continue to grow day by day.
Those winnings wayback to those years are awesome but considering the value then it is most likely a typical or ordinary hit but in todays price then that would be life changing.
gambling industry had become so big only in a decades time
and still continue to grow day by day.
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