what going on crypto | THE FUTURE CASINO ?? - page 3.

slaman29

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Quote from: cryptowtf2020 on November 05, 2019, 01:27:09 AM

i dont know what happen,please tell me if you know them !!!
I see from time to time now crypto is similar casino online especially the exchange..

Not 100% sure what you're talking about but lemme guess. You're saying that exchanges these days are similar in operations to casinos, ala Yobit style where the main business is trading tokens, but they also have functions to stake, loan and even gamble like dice.

You know why? The scriptmakers are all the same.

And yeah, trading is the new gambling;)

tenakha

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Quote from: cryptowtf2020 on November 05, 2019, 01:27:09 AM

i dont know what happen,please tell me if you know them !!!
I see from time to time now crypto is similar casino online especially the exchange..

I think you mean "gambling." Yes, if you are unknowledgeable about it, trade is no different from gambling. Because, those who are not in this business see crypto as a money printing machine. Like, wherever he invest money, he is gonna make a big profit. Already this gambling results in loss mostly. But if you find out what is going on before you start trading, why would it look like gambling?

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In certain countries, cryptocurrency is not regulated and restricted and many people are either developing their casinos/trading platform since it is one of the best ways to earn money cryptocurrency. There is no regulation yet in regards to establishing such business in crypto and I doubt if crypto casinos/trading platforms need to pay taxes or any other fees same as traditional businesses, it must be one of the reasons why they opt to create one.

target

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I'm not also sure what he is asking but I think he meant there are similar casinos sprouting every time and so are exchanges.

Its not going to be regulated any time soon probably not even regulated in million years later. Anyone can create casino sites just like anyone can create a coin for their own. Its internet no one forbids you from doing anything unless regulated. Casino and exchange scripts are available for anyone to install in their server.

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Quote from: cryptowtf2020 on November 05, 2019, 01:27:09 AM

i dont know what happen,please tell me if you know them !!!
I see from time to time now crypto is similar casino online especially the exchange..

You cant compare it to casino since trading and gambling is two different things.

Many might experience some lost in crypto bear market how ever its too far comparing it to gambling that you can win or lost everything in just 1 day.

ATSgrowth

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I do not understand what would you mean. You mean that crypto is one big gamble or that dexentralized casinos experiencing a boom? Yes, that us true, who wouldnt play in a fair casinos?

yazher

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Quote from: cryptowtf2020 on November 05, 2019, 01:27:09 AM

i dont know what happen,please tell me if you know them !!!
I see from time to time now crypto is similar casino online especially the exchange..

Most of the time you see on the gambling website that they made some changes about accepting cryptocurrency on their online casino. It is because there are many cryptos holders are gamblers. to lure them into gambling, you can see a lot of gambling websites are created every year. the evidence on that is when you go to services, most of the time you will see some crypto gambling website that promoting their site via signature campaign.
Don't be alarm about it, as soon as more countries are implementing the use of the blockchain technology in their cities, you will understand or by that time you can distinguished cryptocurrencies from gambling.

Eugenar

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Quote from: cryptowtf2020 on November 05, 2019, 01:27:09 AM

i dont know what happen,please tell me if you know them !!!
I see from time to time now crypto is similar casino online especially the exchange.

With this, could you please elaborate how cryptocurrency is being similar to casino online? Because exchange and casino is a very different platform. But the similarity is that, it both involves risking, mostly, casino's chance is 50/50, and exchange is based on knowledge and patience on the market.

I advice that we should always study the procedures especially the market for us to understand it. Try having a basic knowledge in market technical analysis, and compare your profit from casino.

albrots

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Legalization in crypto is not yet clear and there are no rules. Online gambling on crypto is common. from 2016 I joined crypto many online gambling utilizing crypto. Online gambling gets a lot of support and a sizable project. Crypto and blockchain technology can enter in all fields, especially gambling.

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Quote from: cryptowtf2020 on November 05, 2019, 01:27:09 AM

i dont know what happen,please tell me if you know them !!!
I see from time to time now crypto is similar casino online especially the exchange..

That means you don't know what the speculation market should be. People are being crazy to create more and more money. So many cryptos and more users have come to the cryptocurrency right now.
In a casino, you are betting on the algo that has already made by the broker of the casino itself but it sounds similar to this ( exchange site).
But that's how to exchange site works. Some people have the same thought like you because they are thinking exchange site just like a casino these days but they forget if crypto is a speculation market that filled by so many traders between one to another person through use middle party as a way to trade. The regulation will not help a lot in this case but that will bring more restriction to the exchange site to manipulate its own exchange site.

DaMut

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Because crypto has not been regulated yet, people can not use it for their daily basis that is why most of them created online gambling because it does not need legalization and it can be done online. There is some people use it for payment system on their store but it is very few in number because of legalization issue.
If we can somehow get support from the legislator, crypto will not be used mostly for online gambling but it will be used in many industries.

cryptowtf2020

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i dont know what happen,please tell me if you know them !!!
I see from time to time now crypto is similar casino online especially the exchange..

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