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Topic: What cryptocurrency would you engage to gamble in? - page 3. (Read 2277 times)

legendary
Activity: 2744
Merit: 1174
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.

Lol. At this point? I wouldn't feel bad if i gamble with all my ether haha. The situation is that bad that i can just buy back the ethereums i lost at probably a cheaper price 🤣

If you're using cryptocurrencies to gambe in the way that they're your only way to access crypto casinos or circumvent local gambling laws, it doesn't really matter when and what currency you'll choose. You'll spend it and buy more in a few hours, or you'll gamble and sell profits the next day. Crypto's are volatile, but not so much that you'd have to worry about a move of 1% per hour.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
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.

Lol. At this point? I wouldn't feel bad if i gamble with all my ether haha. The situation is that bad that i can just buy back the ethereums i lost at probably a cheaper price 🤣
full member
Activity: 462
Merit: 100
I've seen a lot of people talk about BTC gambling, but is it that there are lots of cryptocurrencies to gamble in and not only Bitcoin? Although I know the answer for this, and maybe a lot of people as well know the answer to this, but I'd leave the answers to those who are eager to enlighten those who have little knowledge and information about this.

So what do you think? What cryptocurrency should be recognized and should be gambled with?

JKR in EOS platform is used in gambling. I think some developers are starting to develop cryptocurrencies that can be used in gambling since most crypto enthusiasts like gambling too. Soon, there will be more cryptocurrencies that can be used in gambling industry.
hero member
Activity: 1820
Merit: 515
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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.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
I wonder if there will be a casino where you can change your coins to other coins, kinda like inside exchange. I am not too sure how withdrawal would work with but if one casino had like 10+ coins under it and whatever you deposited you can exchange it to another coin to gamble on the casino and than if you win you can withdraw whatever you want can make a casino become a really wanted casino with high wagered amount pretty quickly.

Even if people use it for withdrawals and deposits like a wallet I think the casino can take advantage of that by just making the costs for it insanely cheap as low as it gets and just hope that whoever uses their website like a wallet can simply invest into the casino as bankroll or at least gamble and lose it. That would be a genius marketing move.
I personally don't know much about casino sites that have features like an exchange, but at yolodice.com you can find these features, you can find them here https://yolodice.com/#exchange but only for coins listed there and that hasn't many, at least these features will become more interesting for us to choose to play with the coins we want.
legendary
Activity: 1442
Merit: 1025
I wonder if there will be a casino where you can change your coins to other coins, kinda like inside exchange. I am not too sure how withdrawal would work with but if one casino had like 10+ coins under it and whatever you deposited you can exchange it to another coin to gamble on the casino and than if you win you can withdraw whatever you want can make a casino become a really wanted casino with high wagered amount pretty quickly.

Even if people use it for withdrawals and deposits like a wallet I think the casino can take advantage of that by just making the costs for it insanely cheap as low as it gets and just hope that whoever uses their website like a wallet can simply invest into the casino as bankroll or at least gamble and lose it. That would be a genius marketing move.
sr. member
Activity: 1512
Merit: 316
Bitcoin.

Moving bitcoin into an altcoin has fee's and you gamble with the altcoin being devalued...

If you win then it is fine else just think you being playing and lost 0.1 btc over some time and in next year the btc value rises to 20k. So 0.1 at present value would be 600$ but next year say at 20k it would be 2000$. So think are you making wise choice of playing with btc?
jr. member
Activity: 490
Merit: 2
I prefer ripple than bitcoin to gamble. besides that there is also a doge that has often been used by many people to gamble.
jr. member
Activity: 82
Merit: 1
I would deposit Litecoin to online casinos sometimes and play with it, it is a much more cheaper and affordable crypto-currency to purchase on the trading market, the transaction speed for confirmation on Litecoin is much more faster than bitcoin too, another advantage for using Litecoin would be the cheaper miner fees I paid when I sent out the Litecoin from my wallet.
Litecoin is underrated as of the moment. You are correct with those points about Litecoin and this is the reason why there are casino's that are still accepting it and won't delist Litecoin. It still has a huge market and community that's supporting it.

I remember those times when bitcoin fees are too crazy, people tend to use litecoin as alternative for transactions and I know that many converted to Litecoin gambling instead of bitcoin gambling.
I think bitcoin is the best option for online gamblers because bitcoin is accepted by all people compare to other cryptos. The problem is that it is very difficult to find authentic site for online gambling, because many of them are scams and they will never pay you if you win the bet. Therefore I suggest all online gambles to check the status of gambling site and then try it.
Now casinos also accept cryptocurrency for gambling. Cryptocurrency gives us a facility of having money in our pockets. Nobody can rob or snatch and we can play in relax mood. I always use cryptocurrency for gambling because I think it is easy for payments and receipts. I know that cryptocurrency is a source of income but it is also comfortable for using in gambling.
full member
Activity: 952
Merit: 104
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I've seen a lot of people talk about BTC gambling, but is it that there are lots of cryptocurrencies to gamble in and not only Bitcoin? Although I know the answer for this, and maybe a lot of people as well know the answer to this, but I'd leave the answers to those who are eager to enlighten those who have little knowledge and information about this.

So what do you think? What cryptocurrency should be recognized and should be gambled with?

Dodge is what I see as a good crypto to gamble since bitcoins price is low right now. But if you want to win bigger coin through the wager, it is good also to use Bitcoin and gather more of it.
hero member
Activity: 1722
Merit: 528
I can see some gambling sites before that uses doge instead of bitcoin but for me xlm is the best cryptocurrency we can use in gambling its fast, easy to deal with and of  course transaction fee is almost free I dont know if there are online sites that uses this coin at the moment maybe in the future we can see.

There are very few casinos which accepts XLM. I used to play on luckygames where they accept stellar lumens. There is another site named stellardice or something but, that doesn't looked like a legit casino to me (no offence).
I mostly gamble in casinos and for that I only use my regular currency. I never use cryptocurrency for gambling because I think that cryptocurrency is a source of income and one should not lose his income source in gambling. If you lose your cryptocurrency in gambling it means that you lose both, money and business. Therefore I  think that nobody should use cryptocurrency in gambling.
I mostly use my local currency because I never play online gambling nor visit any casino because in my country there are no casinos. I gamble with local friends and people to whom I know. We set in a place and gamble for some time and all the money is in cash. There are no other mean for payments and receiving. I love that gambling because we use only traditional methods of gambling.

You don't need to say that it is the "traditional method" of gambling, it is obvious. You can just say that it is the common, the usual way to gamble, right?

I do love gambling personally but with work all over my schedule, I'd rather not think of it and focus on my work or job. If I have some free time, I gamble using mobile phone. Visits a gambling site and earn myself some faucet BTCs that I can use to gamble.
jr. member
Activity: 86
Merit: 1
I can see some gambling sites before that uses doge instead of bitcoin but for me xlm is the best cryptocurrency we can use in gambling its fast, easy to deal with and of  course transaction fee is almost free I dont know if there are online sites that uses this coin at the moment maybe in the future we can see.

There are very few casinos which accepts XLM. I used to play on luckygames where they accept stellar lumens. There is another site named stellardice or something but, that doesn't looked like a legit casino to me (no offence).
I mostly gamble in casinos and for that I only use my regular currency. I never use cryptocurrency for gambling because I think that cryptocurrency is a source of income and one should not lose his income source in gambling. If you lose your cryptocurrency in gambling it means that you lose both, money and business. Therefore I  think that nobody should use cryptocurrency in gambling.
I mostly use my local currency because I never play online gambling nor visit any casino because in my country there are no casinos. I gamble with local friends and people to whom I know. We set in a place and gamble for some time and all the money is in cash. There are no other mean for payments and receiving. I love that gambling because we use only traditional methods of gambling.
newbie
Activity: 75
Merit: 0
the advantage of Litecoin itself does not require a large fee when we make a withdrawal on the wallet that we have and does not require a long time if we make transactions in it because it does not require much confirmation
Many altcoins does not really require much fees when it comes to transaction anyway, so I believe gambling with them cannot be a bad idea. I have always used doge more for gambling than any other cryptocurrency anyway certainly for no reason at all that it is doge and I do not care since I have been holding so much of it since its early days and nothing has changed with its development, except for the recent hype. Whichever way, the whole transaction fee thing and fast transaction, is not usually a problem when it comes to gambling with any coin.

I have known a lot of people who uses litecoin, one of them is my real time friend, as an alternative to bitcoin or other crypto currency  for it’s faster and cheaper transactions. I haven’t tried gambling with the coin but I think it would be satisfying to seek out to try.
I was using LTC at some point and then I stopped and rather decided to focus more on coins with a very low price in the market and possibly has reached their bottom, which gives me chance to buy the dips, gamble with some of them as long as they are available on the gambling platform which is the reason why I make use of cryptogames the more anyway and then just do my thing. Whichever way, nothing is guaranteed; it is all just gambling, whichever coin you decide to use, the odds are all the same.
I seldom play online gambling and for that I use Altcoin, not bitcoin because I think that bitcoin is very expensive and I should keep t in my wallet. If I lose Altcoin it’s ok because it is of low prices and you will not be mentally disturbed if you lose Altcoin. Much better is to play in casinos so that you can take fun of the atmosphere of casino. It is like a dancing club.
jr. member
Activity: 92
Merit: 1
Replying to the OP, I guess that'd have to be a coin/token that supports smart contracts or a gambling protocol.
I'd be interested to see DAO.Casino deliver on their roadmap and present their gambling protocol finally. A pretty decent trustless gambling ecosystem can be built upon it I believe.
I agree with you but in my opinion it is better to use local currency in gambling because cryptocurrency is a mean of making more and more money and a gambler should think that losing crypto in online gambling means losing money and source of money as well. Although casinos also give the facility to accept bitcoin if you have cash money in your pocket.
member
Activity: 81
Merit: 11
Bitcoin.

Moving bitcoin into an altcoin has fee's and you gamble with the altcoin being devalued...
I use bitcoin too. Thinking on what you said, So you mean exchange it for another cryptocurrency? Having said this I think it’s also good to just stay in bed crying knowing that you would have a bigger amount of winning profit compared to having a larger amount but converting into a smaller value.
It is obvious that if you play online gambling you will to use cryptocurrency for gambling because you cannot use your local money for online gambling. I never play online gambling because I think it is just a waste of time and money and why should I lose three things while playing online. Time, money and source of income. I mean if you lose crypto in gambling you lose your income source.
jr. member
Activity: 91
Merit: 2
No doubt that BTC would really be mainly used since this is the main crypto as we all know which every online gambling site would definitely have this option anytime to make it as you main deposit option
Recognition of other altcoins would entirely depending on the house if they do saw that theres a public request on adding it up then they might consider it.
No doubt about bitcoin that is the cryptocurrency that everyone wants to engage in gambling. I don't want to choose any other crypto in gambling though the value went lower today but its going to be huge someday that these casino's will be more popular as it is today. There will be some altcoins that will be recognized and others would love to engage with but it will be very few.

I would not play with crypto because I know its worth in future would be a lot more than what it is today. So if I have to play it would be with money because its value would be decreasing in years and even I lose it would be money and not crypto.

Yes, you are right we should not gamble with the crypto because it has very huge growth in the coming and it is always good to gamble with the fiat currency instead of cryptocurrency. Because fiat current will not change the value but cryptocurrency will change it's value.
Since cryptocurrency is not yet legalized here in my country,so i still use fiat currency in my gambling activities.But if someday that crypto might be already use,still i do not want to gamble with crypto particularly bitcoin because for sure it will give me huge profit in the future if i keep holding it than just losing it in gambling.

Well you still can use crypto though for gamble, you can use bitcoin, ethereum or other crypto on online gambling. So even cryptocurrency is not yet legalized on your country, you still can use it for online gambling.
I usually use my local currency for gambling because I don’t believe in online gambling and there are no casinos in my country. I use local places for gambling and there you can use only your local currency. On the other have I think that nobody should use cryptocurrency for gambling because it is a source of making money and one should not lose hid income source in gambling.
It is right that many online gamblers use bitcoin in online gambling because most of the gamblers hold only bitcoin in the wallets. Very rare people would have other crypto. People want ease while using their coins and I think that bitcoin is the one which you can use easily. The main reason is that others will also accept only bitcoin as their payments for gambling or for anything else.
jr. member
Activity: 82
Merit: 2
I would deposit Litecoin to online casinos sometimes and play with it, it is a much more cheaper and affordable crypto-currency to purchase on the trading market, the transaction speed for confirmation on Litecoin is much more faster than bitcoin too, another advantage for using Litecoin would be the cheaper miner fees I paid when I sent out the Litecoin from my wallet.
Litecoin is underrated as of the moment. You are correct with those points about Litecoin and this is the reason why there are casino's that are still accepting it and won't delist Litecoin. It still has a huge market and community that's supporting it.

I remember those times when bitcoin fees are too crazy, people tend to use litecoin as alternative for transactions and I know that many converted to Litecoin gambling instead of bitcoin gambling.
I think bitcoin is the best option for online gamblers because bitcoin is accepted by all people compare to other cryptos. The problem is that it is very difficult to find authentic site for online gambling, because many of them are scams and they will never pay you if you win the bet. Therefore I suggest all online gambles to check the status of gambling site and then try it.
newbie
Activity: 61
Merit: 0
I can see some gambling sites before that uses doge instead of bitcoin but for me xlm is the best cryptocurrency we can use in gambling its fast, easy to deal with and of  course transaction fee is almost free I dont know if there are online sites that uses this coin at the moment maybe in the future we can see.

There are very few casinos which accepts XLM. I used to play on luckygames where they accept stellar lumens. There is another site named stellardice or something but, that doesn't looked like a legit casino to me (no offence).
I mostly gamble in casinos and for that I only use my regular currency. I never use cryptocurrency for gambling because I think that cryptocurrency is a source of income and one should not lose his income source in gambling. If you lose your cryptocurrency in gambling it means that you lose both, money and business. Therefore I  think that nobody should use cryptocurrency in gambling.
member
Activity: 60
Merit: 12
RuneScape OG
I'm trying to build up to 1 bitcoin over time so I usually save that and place bets in LTC or ETH to 'save' my BTC. Problem is lots of the LTC and ETH sportsvooks aren't that good or have bad rates!
newbie
Activity: 17
Merit: 0
Replying to the OP, I guess that'd have to be a coin/token that supports smart contracts or a gambling protocol.
I'd be interested to see DAO.Casino deliver on their roadmap and present their gambling protocol finally. A pretty decent trustless gambling ecosystem can be built upon it I believe.
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