Topic: What cryptocurrency would you engage to gamble in? - page 2. (Read 2291 times)
I wouldn't gamble using BTC because it might take up to an hour for confirmation. I would prefer something that's much faster such as XRP or DGB.
I would engage mostly in bitcoin but also in new cryptocurrencies that can easily be mined but I know that many casinos don't accept such coins.
What is the advantage of gambling in a new cryptocurrency which is mined easily ? I do not get your point. When a coin is easily obtainable, what will be the use of it even in the case of you are multiplying your bankroll into 1000x times. You will earn nothing out of nothing, right ? The level we take risks, the reward also will be up to that level. This is the point where new crytpos are seeming like worth nothing.I know that sportsbet.io accepts tons of different altcoins through the shapeshift interface they have incorporated so it is one step forward to accepting more coins than other casinos.
What is the point when all the coins are mapped into bitcoin for value calculations.I understand "what concurrency" is the question for gamblers who are finding entertainment and definitely not for money seeking gambling. Because, only for entertainment seeking gamblers, different coins will provide the same level of fun but for relatively cheaper prices compared to gambling with bitcoins. Finally I got the point of this discussion 
. I would engage mostly in bitcoin but also in new cryptocurrencies that can easily be mined but I know that many casinos don't accept such coins. I know that sportsbet.io accepts tons of different altcoins through the shapeshift interface they have incorporated so it is one step forward to accepting more coins than other casinos.
There are a lot of other not that expensive cryptocurrency you can use to gamble.
With the popularity of Bitcoin being used in gambling industry, a lot of gambling sites decided to open up their site to new cryptocurrencies available in the market. Ethereum, Litecoin, Dogecoin and other cryptos are now accepted in lot of gambling sites. I wonder if more cryptos will be accepted but I think it will since the popularity of cryptos are increasing annualy.
I would engage mostly in bitcoin but also in new cryptocurrencies that can easily be mined but I know that many casinos don't accept such coins. I know that sportsbet.io accepts tons of different altcoins through the shapeshift interface they have incorporated so it is one step forward to accepting more coins than other casinos.
Oh yeah its definitely bitcoin is what we should focus on. Its starting to be accepted and supported pretty much everywhere at a high rate. Yesterday you couldnt do anything, today you can check out at cafe with btc or play some good casino games here. Great coin with many technological advantages over fiat, why not use it?.
Right.I also see bitcoin has really a bright future in gambling.It's still the most popular and the most trusted coin when it comes to cryptocurrencies.But still in my own country,bitcoin is still not accepted as a form of payment so i still gamble using fiat.Hopefully there will be casinos who will accept bitcoin already in my own country as this will give me more profit compared to fiat being use in gambling.Yes, I agree. I think using cryptocurrency for the bets will be the right choice because we can hide in somewhere we want especially if there is a regulation about gambling in your country. Even if there is a casino that allowing us to use fiat as bets, I still prefer with cryptocurrency because I don't have to get any trouble and the best is I can play the online gambling in everywhere. Perhaps, in the future, there is a casino that will allow us to use bitcoin or altcoin for the bets so it will make us easy to play the games and we can hide our identity when we are playing gambling.
So far, I use dogecoin, reddcoin, and litecoin than bitcoin although in my first time I use bitcoin, now I prefer to use altcoin as the bets. The altcoin price now is not too high depends on bitcoin price, and we can use for example 0.01 btc to buy dogecoin, and I am sure that we can get much of dogecoin or reddcoin. Besides that, I think the gambling sites will use altcoin too so their member can deposit and withdraw if they are winning and the fee of the transaction for the altcoin is not too big.
Dogecoin is a horrible alt to use for gambling. Besides the very low transaction fee which is pretty much 0. There are no other pros.
For one, if you don't own Dogecoin you need to buy it first. And since its less than 100 Sats and most exchanges are only 8 digits, it means you lose over 1% alone on the spread.
Two, the currency is very manipulated just by looking at the charts. So depending on when you buy it , you might buy at the top of a pump and be bag holding it for 6 months+.
So right now with the empty bitcoin transaction orderbook, it makes no sense to use Dogecoin.
Oh yeah its definitely bitcoin is what we should focus on. Its starting to be accepted and supported pretty much everywhere at a high rate. Yesterday you couldnt do anything, today you can check out at cafe with btc or play some good casino games here. Great coin with many technological advantages over fiat, why not use it?.
Right.I also see bitcoin has really a bright future in gambling.It's still the most popular and the most trusted coin when it comes to cryptocurrencies.But still in my own country,bitcoin is still not accepted as a form of payment so i still gamble using fiat.Hopefully there will be casinos who will accept bitcoin already in my own country as this will give me more profit compared to fiat being use in gambling.Yes, I agree. I think using cryptocurrency for the bets will be the right choice because we can hide in somewhere we want especially if there is a regulation about gambling in your country. Even if there is a casino that allowing us to use fiat as bets, I still prefer with cryptocurrency because I don't have to get any trouble and the best is I can play the online gambling in everywhere. Perhaps, in the future, there is a casino that will allow us to use bitcoin or altcoin for the bets so it will make us easy to play the games and we can hide our identity when we are playing gambling.
So far, I use dogecoin, reddcoin, and litecoin than bitcoin although in my first time I use bitcoin, now I prefer to use altcoin as the bets. The altcoin price now is not too high depends on bitcoin price, and we can use for example 0.01 btc to buy dogecoin, and I am sure that we can get much of dogecoin or reddcoin. Besides that, I think the gambling sites will use altcoin too so their member can deposit and withdraw if they are winning and the fee of the transaction for the altcoin is not too big.
Hopefully there will be casinos who will accept bitcoin already in my own country as this will give me more profit compared to fiat being use in gambling.
Are you honestly generating profits from gambling ? I guess you must pray for your casinos not to adopt cryptocurrencies as it may lead to negative impacts in your currently smoothly-going gambling activities. Yes, as per a recent study, people who are using cryptos for gambling spend more money and time for their gambling compared to those who use fiats. Because, if you use fiats, your family members may ask questions about your expenses or you yourself may able to track your spending whereas with cryptos you may not value the real worth of your hard earned money as card payments or crypto payments are not giving exact feel of handling actual paper/metal money.I think gambling online using Crypto or Bitcoin will be much better and certainly private, that is a special thing, isnt it ? you can gamble without anyone knowing you're gambling..
I read that world wide gamblers are switching over to cryptos and especially to bitcoins for some reasons which are the things, you just mentioned. I am also preferring using cryptos but using cryptos is having lots of negative consequences like uncontrolled continuous gambling. I guess only for matured gamblers, cryptos are the right choice. 
Oh yeah its definitely bitcoin is what we should focus on. Its starting to be accepted and supported pretty much everywhere at a high rate. Yesterday you couldnt do anything, today you can check out at cafe with btc or play some good casino games here. Great coin with many technological advantages over fiat, why not use it?.
Right.I also see bitcoin has really a bright future in gambling.It's still the most popular and the most trusted coin when it comes to cryptocurrencies.But still in my own country,bitcoin is still not accepted as a form of payment so i still gamble using fiat.Hopefully there will be casinos who will accept bitcoin already in my own country as this will give me more profit compared to fiat being use in gambling.Yes, I agree. I think using cryptocurrency for the bets will be the right choice because we can hide in somewhere we want especially if there is a regulation about gambling in your country. Even if there is a casino that allowing us to use fiat as bets, I still prefer with cryptocurrency because I don't have to get any trouble and the best is I can play the online gambling in everywhere. Perhaps, in the future, there is a casino that will allow us to use bitcoin or altcoin for the bets so it will make us easy to play the games and we can hide our identity when we are playing gambling.
The Lighting Networks for both Litecoin and BTC should make transactions for casinos and most things in general much, much quicker in the future once implemented correctly (for BTC especially) in the future, and once the BTC LN is accepted for payments by crypto-based casinos, I'm likely going to sell off much of my crypto stash I keep for quick transactions and convert them over to BTC. Shame there's just not a lot of adoption yet, though, but I expect BTC LN adoption will grow given some time.
Oh yeah its definitely bitcoin is what we should focus on. Its starting to be accepted and supported pretty much everywhere at a high rate. Yesterday you couldnt do anything, today you can check out at cafe with btc or play some good casino games here. Great coin with many technological advantages over fiat, why not use it?.
Right.I also see bitcoin has really a bright future in gambling.It's still the most popular and the most trusted coin when it comes to cryptocurrencies.But still in my own country,bitcoin is still not accepted as a form of payment so i still gamble using fiat.Hopefully there will be casinos who will accept bitcoin already in my own country as this will give me more profit compared to fiat being use in gambling.Yes, I agree. I think using cryptocurrency for the bets will be the right choice because we can hide in somewhere we want especially if there is a regulation about gambling in your country. Even if there is a casino that allowing us to use fiat as bets, I still prefer with cryptocurrency because I don't have to get any trouble and the best is I can play the online gambling in everywhere. Perhaps, in the future, there is a casino that will allow us to use bitcoin or altcoin for the bets so it will make us easy to play the games and we can hide our identity when we are playing gambling.
Oh yeah its definitely bitcoin is what we should focus on. Its starting to be accepted and supported pretty much everywhere at a high rate. Yesterday you couldnt do anything, today you can check out at cafe with btc or play some good casino games here. Great coin with many technological advantages over fiat, why not use it?.
Right.I also see bitcoin has really a bright future in gambling.It's still the most popular and the most trusted coin when it comes to cryptocurrencies.But still in my own country,bitcoin is still not accepted as a form of payment so i still gamble using fiat.Hopefully there will be casinos who will accept bitcoin already in my own country as this will give me more profit compared to fiat being use in gambling.
Oh yeah its definitely bitcoin is what we should focus on. Its starting to be accepted and supported pretty much everywhere at a high rate. Yesterday you couldnt do anything, today you can check out at cafe with btc or play some good casino games here. Great coin with many technological advantages over fiat, why not use it?.
Right.I also see bitcoin has really a bright future in gambling.It's still the most popular and the most trusted coin when it comes to cryptocurrencies.But still in my own country,bitcoin is still not accepted as a form of payment so i still gamble using fiat.Hopefully there will be casinos who will accept bitcoin already in my own country as this will give me more profit compared to fiat being use in gambling. 
I did like DirectBet for a lot of reasons and it's really easy to start gambling there. You just need to deposit in your unique address and just deposit and they know it's yours. It's easy and fast. I haven't tried gambling DOGEcoin but I think it's a great tool for it. I miss the site too, I wish it hadn't gone away.
What is the reason anyway? I forgot what happened. Or I think it was just they don't want to continue? I don't know.
What is the reason anyway? I forgot what happened. Or I think it was just they don't want to continue? I don't know.
They didn't really say... But yeah, they were always honest, straight-forward and fast with payments.
One interesting bet that I never took (glad I didn't) that they had on there was the winner of the US presidential election... The options were "Hillary Clinton" versus "Republican"... Trump was too much of a wild card to put on there. I remember Hillary was a 1.4x payout and I thought that was easy money for months... boy oh boy was I wrong about that. The most wrong I've ever been about anything.
Maybe that single item cleaned them out, or enough to make them want to shut down their website... if enough people were betting on the Republican "longshot."
Back when directbet.eu was still around I liked to gamble in DOGE because of the fast confirmation times (usually less than 1 minute). It allowed you to lock in good odds during live events. With BTC you had the chance of a bet not confirming in time before the odds shifted.
I miss them... It was a great casino model where you don't have to deposit funds into an account. You just send your coin to an address that corresponds with the bet and provide them with the address you want to receive your winnings at (if you win).
I did like DirectBet for a lot of reasons and it's really easy to start gambling there. You just need to deposit in your unique address and just deposit and they know it's yours. It's easy and fast. I haven't tried gambling DOGEcoin but I think it's a great tool for it. I miss the site too, I wish it hadn't gone away. I miss them... It was a great casino model where you don't have to deposit funds into an account. You just send your coin to an address that corresponds with the bet and provide them with the address you want to receive your winnings at (if you win).
What is the reason anyway? I forgot what happened. Or I think it was just they don't want to continue? I don't know.
Back when directbet.eu was still around I liked to gamble in DOGE because of the fast confirmation times (usually less than 1 minute). It allowed you to lock in good odds during live events. With BTC you had the chance of a bet not confirming in time before the odds shifted.
I miss them... It was a great casino model where you don't have to deposit funds into an account. You just send your coin to an address that corresponds with the bet and provide them with the address you want to receive your winnings at (if you win).
I miss them... It was a great casino model where you don't have to deposit funds into an account. You just send your coin to an address that corresponds with the bet and provide them with the address you want to receive your winnings at (if you win).
Bitcoin is still my coin for gambling while we still have lot of other crypto currencies just because of liquidity.In case if I won lot of money from bets I immediately want to cashout it and enjoy so my preference will be bitcoin since it is easily transferrable into my local currency.
sometimes when I use bitcoin to gamble it's a bit disappointing because transaction fees for deposit and withdraw for bitcoin are quite expensive for me, when using altcoins like doge or other altcoins, fees can be said to be cheaper. Do you also think so when gambling with bitcoin?I don't mind using any cryptocurrencies as long as I am having fun, that is great.
There are a lot of gambling sites that I can gamble in, the only thing is that that gambling aite should be legitimate and trusted by a lot of other gamblers. As long as I am having fun, and yeah, earning a little, I can use a lot of other cryptocurrencies available. Doge will be great since I can gamble as much as I can. I don't use much if my Bitcoin since the dump happened, I am always thinking twice of using them.
Bitcoin is still my coin for gambling while we still have lot of other crypto currencies just because of liquidity.In case if I won lot of money from bets I immediately want to cashout it and enjoy so my preference will be bitcoin since it is easily transferrable into my local currency.
sometimes when I use bitcoin to gamble it's a bit disappointing because transaction fees for deposit and withdraw for bitcoin are quite expensive for me, when using altcoins like doge or other altcoins, fees can be said to be cheaper. Do you also think so when gambling with bitcoin?Yes, I think the same as you and this is why I use dogecoin for the bets because it's a cheaper fee and it's fast in the transaction. It's a long time ago when I use bitcoin as the bets, and in that time, fortunately, I get bitcoin by free from faucets
Right now, I don't want to use bitcoin for a gambling game, and I prefer to use bitcoin for trading so I can make another profit and increase my money and bitcoin in the same time.
Bitcoin is still my coin for gambling while we still have lot of other crypto currencies just because of liquidity.In case if I won lot of money from bets I immediately want to cashout it and enjoy so my preference will be bitcoin since it is easily transferrable into my local currency.
sometimes when I use bitcoin to gamble it's a bit disappointing because transaction fees for deposit and withdraw for bitcoin are quite expensive for me, when using altcoins like doge or other altcoins, fees can be said to be cheaper. Do you also think so when gambling with bitcoin?I don't mind using any cryptocurrencies as long as I am having fun, that is great.
There are a lot of gambling sites that I can gamble in, the only thing is that that gambling aite should be legitimate and trusted by a lot of other gamblers. As long as I am having fun, and yeah, earning a little, I can use a lot of other cryptocurrencies available. Doge will be great since I can gamble as much as I can. I don't use much if my Bitcoin since the dump happened, I am always thinking twice of using them.
Recently I started to gamble with eos too, its what this cryptoworld makes you to do, there are always new things around, people should try this dices that I advertise in my signature, you can even stake some coins, you can do many things, this is what is the most interesting this past few weeks, you should try it.
Bitcoin is still my coin for gambling while we still have lot of other crypto currencies just because of liquidity.In case if I won lot of money from bets I immediately want to cashout it and enjoy so my preference will be bitcoin since it is easily transferrable into my local currency.
sometimes when I use bitcoin to gamble it's a bit disappointing because transaction fees for deposit and withdraw for bitcoin are quite expensive for me, when using altcoins like doge or other altcoins, fees can be said to be cheaper. Do you also think so when gambling with bitcoin?I don't mind using any cryptocurrencies as long as I am having fun, that is great.
There are a lot of gambling sites that I can gamble in, the only thing is that that gambling aite should be legitimate and trusted by a lot of other gamblers. As long as I am having fun, and yeah, earning a little, I can use a lot of other cryptocurrencies available. Doge will be great since I can gamble as much as I can. I don't use much if my Bitcoin since the dump happened, I am always thinking twice of using them.
Bitcoin is still my coin for gambling while we still have lot of other crypto currencies just because of liquidity.In case if I won lot of money from bets I immediately want to cashout it and enjoy so my preference will be bitcoin since it is easily transferrable into my local currency.
sometimes when I use bitcoin to gamble it's a bit disappointing because transaction fees for deposit and withdraw for bitcoin are quite expensive for me, when using altcoins like doge or other altcoins, fees can be said to be cheaper. Do you also think so when gambling with bitcoin? Jump to: