Topic: What's your favorite crypto for gambling? - page 4. (Read 1924 times)

Compare to bitcoin and ethereum, tron price is not too high even if the tron price is too volatile than bitcoin or ethereum. That is because Tron follows with the bitcoin price so that the price might have changed many times. I never try to use Tron for playing gambling, and I am not yet trying with the Tron gambling Dapp too. The important thing here is that we must remember limiting the funds to playing gambling, no matter if we use bitcoin, ethereum, litecoin, dogecoin, or even tron.

Dogecoin truly rocks for gambling and even sending tips at social network sites like Reddit and Twitter. It's a very inexpensive cryptocurrency that allows anyone to gamble for less than a penny (unlike traditional cryptocurrencies like Bitcoin or Ethereum). I think this is DOGE's main selling point. It's no wonder why most gambling platforms have accepted Dogecoin as payment method. Ethereum may have a wide-variety of decentralized gambling apps, but its high fees and slow transaction throughput makes it inconvenient for such use case scenario. Maybe after ETH scales, it'll become an extremely attractive cryptocurrency for gambling? As long as it continues to delay network performance upgrades, alternatives like DOGE, TRX, and EOS will remain as the top cryptocurrencies of choice for gambling.

I'm sure that many people will choose DOGE to be their favorite crypto of choice for gambling because of the many benefits it provides relative to other cryptocurrencies on the market. For once, Bitcoin used to be one of my most favorite cryptocurrencies for gambling. But after experiencing huge fees and very slow transaction confirmation times, I've changed my mind. DOGE, TRX, and EOS will continue to be my favorite cryptocurrencies for gambling due to their inexpensive nature. In EOS, transactions are even free, making gambling extremely practical in the decentralized Blockchain space. Cryptocurrencies with very low fees and quick transfer speeds will surely gain the attention from serious gamblers in the mainstream world. Just my opinion

It's will always be the same value no matter you win or loss using altcoins to gamble. There is just slightly difference in the value, but it would be just so small.

You basically don't know what your talking about.

It depends on your desired taste if you want to gamble using bitcoin then I think many have done it even with high capital, but for me converting bitcoin to altcoin does not require high fees you can exchange on the exchange with altcoin that supports in gambling like the example Trx and doge which is widely used for gambling.
But still bitcoin will be the first coin to receive in any gambling.

Interesting. I talked mostly about Ethereum. But again, with Tron there another problems: his price is more volatile, so you risky a bit much than with Bitcoin or even Ethereum. Also blockchain is weaker. And yeah, after freezing you will not be able to withdraw it, so to play for a big amounts of money is risky.

As you see, some pros and some cons.

Since I do not really hold any altcoins I only gamble with bitcoin and to be honest I do not see a reason to change this, if I want to exchange my bitcoin for an altcoin then most likely the cost of the conversion and the fees will be high enough to not justify the conversion on the first pace, and when you take into account that most casinos accept bitcoin and this is not completely true when it comes to many popular altcoins then bitcoin gives me access to the most casinos without having to compromise and adopt a coin only for my gambling purposes.

As long as you start with the same value in fiat then anything you lost remains in the same value unless the price of the coin increase significantly after you lost it and you recalculate the coin that you lost with the latest rate.
In this case, you will feel the same no matter which coin you are using to gamble.
Regarding the risk, do you mean to say that the risk of gambling is higher when you use bitcoin than other coins?
If I'm right, I have no ideas how can you think like that.

I agree with your statement because its reality. Although not all gambling site that have their own cryptocurrency will end up scam, but that is not good enough to be developed in my opinion. I think gambling site can still reap huge profit from gambler even though they dont have their own crypto currency circulating in the market. Even though their cryptocurrency look legitimate, player seem to prefer bitcoin or other altcoin rather than coin from the site.

Some of the one you mentioned are gambling site that I like and of course they are trustworthy site.

cryptocurrency for gambling capital is an alternative coin that has a low price such as Tron, XLM, XRP, and many others. I prefer to use altcoin which has a low price value because it is not too risky if I have to lose or lose when gambling, because when using bitcoin and I experience defeat the amount of loss will increase and the risk is very high.

Even I'm not considering any of crypto as my favorite one to gamble with, I am always gambling only with bitcoin for obvious reasons. For the same risk I am taking, I'm just looking for bigger benefits. This is possible only with bitcoin as of now because of its higher value. The next high value asset is ethereum but by rough calculations, it is some 40x lower than bitcoin in value which means if I gamble with ethereum then I am diminishing my chances for hitting big money by 40 times with respect to my emotional time and effort factors.

I'm considering here only the possibility of getting addicted to gambling when I am gambling and time and energy required for my gambling and definitely not the value of base bet .

Considering the high fee's as well the congestion of BTC I consider ETH as second option regarding on that matters, also I am looking with XRP also since the coin is quitely fast and cheap which is so good to me.

But what interesting things if certain casinos will add stable coins since this will be a good stable option for players who always leave their coins in the platform.

Mostly I prefer to use the ETH as considered it better in terms of the transaction fees atleast is not much and whatever little can be saved on transaction is still a sort of earning only. Just in case when need to bet and do not have ETH or so then may be use some other coin if the site does support other coins and play with it.

Though am a fan of Bitcoin and those casinos operating and accepting it for gambling but due to it fees I have  shifted from using Bitcoin to TRON. Recently, I just unstake my TRON coins for gambling on their platforms, they have good platforms which allow anyone to play through their coins. Also, best TRON casinos is my favourite this season, till bitcoin transaction fees subsidies again.

If I personally choose LTC and LTC many are accepted on the gambling platform, if the gambling platform does not accept payment via LTC, of course I am there because for me, LTC with cheap fees and fast transactions is carried out

Try XRP also if available n the site your going to play because this is much cheaper in fees also.

i have not tried TRX since then because i only use Btc,ETH and XRP other than that i rather choose fiat.

On Dapp you can save yourself a fee if you are using a Tron gambling Dapp by freezing a portion of your coins, done it when I was active in their Dapps dice I can deposit with zero fee by freezing a portion of my Tron the cons is freezing takes 72 hours or even longer, this is the big attraction of Tron Dapps but I still prefer coins with a lot of coins as an option.

I have never tried gambling with a dapp or with EOS. How is it if your description of the transaction is fast but you are annoyed? You shouldn't be annoyed if the EOS transactions are quick and you are liking to gamble with it.

Dogecoin will never get old as top choice for gambling.  

It is the easiest coin to spend in gambling.

Different currencies have different pros and cons.

For example, every dapp casino have a pros of using your own address as deposit address, but a great cons that for every transaction and every spin you need to pay a small fee (yeah, every action in ethereum dapp is a small transaction intself).

My favorite is of course bitcoin. I do not trust another cryptos too much, and pros of bitcoin is that this is bitcoin   and it will be always valuable and without any price movements. And yeah, i love to win in bitcoins  

I think using TRX and Dogecoin is a very good choice to use capital in a gambling place because with these two altcoins we can get a lot of profit and certainly not to worry because it can be set to such a small or large bet value which certainly does not require a lot of money very different when using bitcoin as gambling capital.

You can say that if you only need to transfer small number of bitcoin on your gambling account on the site. But if you want to deposit big number of Bitcoins, then fees should be a problem as it requires more than other coins who have low fees for transactions. Regarding instant deposit feature, does the feature already exist on all casino sites in the world? And will it eliminate the transaction fees? I think still requires fees, mate. CMIIW.