Topic: Why Is Bitcoin Gambling Industry So Successful in the World? - page 11. (Read 5557 times)

Quote from: JofryTheKing on May 24, 2017, 02:24:18 PM

Bitcoin casinos are very successful because they identified a niche in the market they could exploit, they could bring their services to players that did not wanted to reveal their identities or to deposit with their credit cards also you can play in the bitcoin casinos with amounts of money that are very low compared to fiat casinos.

Also it's basic human instinct to want more and be rich. People love to gamble and Bitcoin make it easier. It eliminates the need for credit card or bank transfer. It's also nice because you can play with very low amounts as well.

I'm not agree with you if the people will choose to gamble with bitcoin because they can bet with very low amounts because ,any gambling gambling sites have lowered the minimum bet to attract players on their site and IMO only one a reason people choose to gamble with bitcoins because they do not have to verify their account.

iluvbitcoins

legendary

Activity: 2198

Merit: 1150

Freedom&Honor

Quote from: Lauren Smith on May 24, 2017, 02:15:17 PM

Quote from: Lauren Smith on May 24, 2017, 02:15:17 PM

Bitcoin casinos are very successful because they identified a niche in the market they could exploit, they could bring their services to players that did not wanted to reveal their identities or to deposit with their credit cards also you can play in the bitcoin casinos with amounts of money that are very low compared to fiat casinos.

Also it's basic human instinct to want more and be rich. People love to gamble and Bitcoin make it easier. It eliminates the need for credit card or bank transfer. It's also nice because you can play with very low amounts as well.

It seems to me that the online casino is now very much interacting with players holders of crypto currency. I Few believe that such casinos work for simple money and the fact is that Bitcoin is their main goal and earnings.

I don't think so

They probably are bitcoin enthusiasts since their casino is a crypto casino

But I highly doubt the purpose of their casinos is to promote crypto rather than earning crypto Cheesy

JofryTheKing

sr. member

Activity: 518

Merit: 250

Fast, Smart, Trustworthy

Quote from: Lauren Smith on May 24, 2017, 02:15:17 PM

Bitcoin casinos are very successful because they identified a niche in the market they could exploit, they could bring their services to players that did not wanted to reveal their identities or to deposit with their credit cards also you can play in the bitcoin casinos with amounts of money that are very low compared to fiat casinos.

Also it's basic human instinct to want more and be rich. People love to gamble and Bitcoin make it easier. It eliminates the need for credit card or bank transfer. It's also nice because you can play with very low amounts as well.

It seems to me that the online casino is now very much interacting with players holders of crypto currency. I Few believe that such casinos work for simple money and the fact is that Bitcoin is their main goal and earnings.

iluvbitcoins

legendary

Activity: 2198

Merit: 1150

Freedom&Honor

Bitcoin casinos are very successful because they identified a niche in the market they could exploit, they could bring their services to players that did not wanted to reveal their identities or to deposit with their credit cards also you can play in the bitcoin casinos with amounts of money that are very low compared to fiat casinos.

Also it's basic human instinct to want more and be rich. People love to gamble and Bitcoin make it easier. It eliminates the need for credit card or bank transfer. It's also nice because you can play with very low amounts as well.

It especially provides the ability to do so without being heavily taxed and on paying large fees for simple gambling actions.
In some countries gambling is illegal so bitcoin is a freedom tool there too

Lauren Smith

sr. member

Activity: 1050

Merit: 277

Quote from: J Gambler on May 22, 2017, 08:02:30 AM

Bitcoin casinos are very successful because they identified a niche in the market they could exploit, they could bring their services to players that did not wanted to reveal their identities or to deposit with their credit cards also you can play in the bitcoin casinos with amounts of money that are very low compared to fiat casinos.

Also it's basic human instinct to want more and be rich. People love to gamble and Bitcoin make it easier. It eliminates the need for credit card or bank transfer. It's also nice because you can play with very low amounts as well.

bohr

sr. member

Activity: 994

Merit: 257

Bitcoin casinos are very successful because they identified a niche in the market they could exploit, they could bring their services to players that did not wanted to reveal their identities or to deposit with their credit cards also you can play in the bitcoin casinos with amounts of money that are very low compared to fiat casinos.

Oralmat

hero member

Activity: 588

Merit: 500

Because everyone loves to gamble even bitcoin is not that famous people is using fiat to do gambling but then since bitcoin introduce to our community they starting to use bitcoin then. That's the reason why gambling is successful to our world they love gambling.

Definitely i vote for bitcoin, because of bitcoin online gambling industry is going to successful in this world. Our past, it is a proof before bitcoin only few people know about online gambling and play it, and also only few numbers of online gambling sites are working on internet. But now online gambling sites are increasing, because people want to play bitcoin gambling and earn and win in bitcoin.

youdacapt

sr. member

Activity: 1876

Merit: 295

GOD is TRUE

Quote from: npredtorch on May 22, 2017, 08:34:39 AM

Bitcoin gambling is so successful because of it's characteristic of being accessible to any person in the world with only using a device + internet. It's also by far the easiest way to place a bet on any game that you would want. With just about two clicks, you can quickly bet on a dice and also instanly be notified on the result of the game. Bitcoin had made a very big impact on the world of gambling.

Internet + quick transaction + easy navigate. Your comment is actually no different from the use of fiat in gambling industry, everyone prefers anonymous points so that their personal data is not visible, so they can be comfortable in the game. Gambling industry is becoming successful because it turns out the users are much larger and on average have more than one account without being noticed by anyone.

npredtorch

legendary

Activity: 1246

Merit: 1049

Bitcoin gambling is so successful because of it's characteristic of being accessible to any person in the world with only using a device + internet. It's also by far the easiest way to place a bet on any game that you would want. With just about two clicks, you can quickly bet on a dice and also instanly be notified on the result of the game. Bitcoin had made a very big impact on the world of gambling.

J Gambler

hero member

Activity: 910

Merit: 500

Because everyone loves to gamble even bitcoin is not that famous people is using fiat to do gambling but then since bitcoin introduce to our community they starting to use bitcoin then. That's the reason why gambling is successful to our world they love gambling.

Malsetid

hero member

Activity: 924

Merit: 502

CryptoTalk.Org - Get Paid for every Post!

Quote from: Sidas_Crew669 on May 22, 2017, 07:55:27 AM

Quote from: BitFinnese on May 20, 2017, 10:45:52 PM

Quote from: Caladonian on May 20, 2017, 10:18:31 PM

Quote from: BitFinnese on May 20, 2017, 10:45:52 PM

Always easy earning attracts users in a simple manner. So gambling industry being successful is not a big thing and the bitcoin usage into gambling make it more easy to use. Now a major percentage of bitcoin circulation takes place through the gamblingindustry.

Yes mate gambling industry really makes a success with bitcoin since its really an easy access for most gamblers to play secretly and with most people who got involved they really make a huge impact more usage more success for bitcoin industry.

I agree, Bitcoin enable lots of people to access the gambling industry. One of the reason is, those who do not have bank account can now play in the Casino with bitcoin. Aside from that minors can sneak into the casino site undetected since they are anonymous. This is some reason why Bitcoin gambling industry is successful.

Well, it is now a lot of gambling comes from bitcoin. Because the system in the bitcoin is very good, and also those who use bitcoin can be hard to track who is using it. But keep in mind that, gambling has many dangerous holes and if we can't play well then obtained is simply a great loss. Indeed profitable gambling, but if we decide it will end up horribly
.Self control is the main thing to avoid viewing of addiction and also disadvantages

Well it makes a lot of sense that bitcoin's safety is one of the top reasons why bitcoin gambling is now more preferred. You don't have to deposit with your personal information on the line to start gambling with btc, You can play with earnings you get from campaigns like this or services you made. No one would be able to know your identity. That makes it safer for gamblers and takes online gambling to a new level with this feature

Sidas_Crew669

sr. member

Activity: 532

Merit: 250

Quote from: Caladonian on May 20, 2017, 10:18:31 PM

Quote from: iram3130 on May 22, 2017, 06:42:29 AM

Always easy earning attracts users in a simple manner. So gambling industry being successful is not a big thing and the bitcoin usage into gambling make it more easy to use. Now a major percentage of bitcoin circulation takes place through the gamblingindustry.

Yes mate gambling industry really makes a success with bitcoin since its really an easy access for most gamblers to play secretly and with most people who got involved they really make a huge impact more usage more success for bitcoin industry.

I agree, Bitcoin enable lots of people to access the gambling industry. One of the reason is, those who do not have bank account can now play in the Casino with bitcoin. Aside from that minors can sneak into the casino site undetected since they are anonymous. This is some reason why Bitcoin gambling industry is successful.

Well, it is now a lot of gambling comes from bitcoin. Because the system in the bitcoin is very good, and also those who use bitcoin can be hard to track who is using it. But keep in mind that, gambling has many dangerous holes and if we can't play well then obtained is simply a great loss. Indeed profitable gambling, but if we decide it will end up horribly
.Self control is the main thing to avoid viewing of addiction and also disadvantages

EdenHazard

legendary

Activity: 2674

Merit: 1048

Quote from: Naokia980 on May 22, 2017, 06:08:35 AM

Quote from: iram3130 on May 22, 2017, 06:42:29 AM

In my personal experience bitcoin gambling be successful because of it is gives me protect indentity
on my country gambling is something illegal activities,
but with bitcoin for betting makes easy to play online gambling and it is good for my entertainment
it gives me free way to choose play gambling. Grin

Bicoin is also some type of money,for perfect clearance digital money. It shouldnt matter if you gamble with your own hard earned cash or with earned bitcoins. At least you gamble for profit or maybe enjoying fomr balckjack, baccarat. Yes, with bitcoin you can hide your identity but wait..If you just try to enjoy with gamble why you feel to keep your anonymity?

Because in many countries it is illegal to gamble and in some more countries they charge heavy taxes when you gamble, because they think that you have too much money if you are into gambling. That is the main reason why Bitcoin gambling industry is so successful.

yes in some places it was illegal , and make a lot of people who really hate that regulation and want to gamble no matter what will prefer to choose to gamble online in bitcoin sites rather than in fiat gambling site which a lot of fees taken from players.

a lot of benefit indeed , but there always a risk too , feel free to choose which one.

shintosai

hero member

Activity: 756

Merit: 500

Quote from: Naokia980 on May 22, 2017, 06:08:35 AM

Quote from: Naokia980 on May 22, 2017, 06:08:35 AM

In my personal experience bitcoin gambling be successful because of it is gives me protect indentity
on my country gambling is something illegal activities,
but with bitcoin for betting makes easy to play online gambling and it is good for my entertainment
it gives me free way to choose play gambling. Grin

Bicoin is also some type of money,for perfect clearance digital money. It shouldnt matter if you gamble with your own hard earned cash or with earned bitcoins. At least you gamble for profit or maybe enjoying fomr balckjack, baccarat. Yes, with bitcoin you can hide your identity but wait..If you just try to enjoy with gamble why you feel to keep your anonymity?

Because in many countries it is illegal to gamble and in some more countries they charge heavy taxes when you gamble, because they think that you have too much money if you are into gambling. That is the main reason why Bitcoin gambling industry is so successful.

well its relatively right this also a reason why bitcoin gamblers chooses to use bitcoin for their activity instead of going to live casino or giving any personal information when playing with online casino who's asking for credit card or paypals.

iram3130

legendary

Activity: 1512

Merit: 1010

ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀

In my personal experience bitcoin gambling be successful because of it is gives me protect indentity
on my country gambling is something illegal activities,
but with bitcoin for betting makes easy to play online gambling and it is good for my entertainment
it gives me free way to choose play gambling. Grin

Bicoin is also some type of money,for perfect clearance digital money. It shouldnt matter if you gamble with your own hard earned cash or with earned bitcoins. At least you gamble for profit or maybe enjoying fomr balckjack, baccarat. Yes, with bitcoin you can hide your identity but wait..If you just try to enjoy with gamble why you feel to keep your anonymity?

Because in many countries it is illegal to gamble and in some more countries they charge heavy taxes when you gamble, because they think that you have too much money if you are into gambling. That is the main reason why Bitcoin gambling industry is so successful.

Naokia980

full member

Activity: 182

Merit: 100

★PlayAmo.com★

Quote from: crwth on May 22, 2017, 03:02:22 AM

In my personal experience bitcoin gambling be successful because of it is gives me protect indentity
on my country gambling is something illegal activities,
but with bitcoin for betting makes easy to play online gambling and it is good for my entertainment
it gives me free way to choose play gambling. Grin

Bicoin is also some type of money,for perfect clearance digital money. It shouldnt matter if you gamble with your own hard earned cash or with earned bitcoins. At least you gamble for profit or maybe enjoying fomr balckjack, baccarat. Yes, with bitcoin you can hide your identity but wait..If you just try to enjoy with gamble why you feel to keep your anonymity?

chris200x9

legendary

Activity: 1316

Merit: 1011

Quote from: nidacoinlove on May 22, 2017, 02:56:58 AM

Quote from: Caladonian on May 20, 2017, 10:18:31 PM

Quote from: nidacoinlove on May 22, 2017, 02:56:58 AM

Always easy earning attracts users in a simple manner. So gambling industry being successful is not a big thing and the bitcoin usage into gambling make it more easy to use. Now a major percentage of bitcoin circulation takes place through the gamblingindustry.

Yes mate gambling industry really makes a success with bitcoin since its really an easy access for most gamblers to play secretly and with most people who got involved they really make a huge impact more usage more success for bitcoin industry.

Yes it is is too easy to enter an online casino not only for the adults but also for the miners. The minors consider it an opportunity because they are not allowed to enter on land casinos and the online casino don't really inquire that much to find the actual age of any participant or visitor. So, it is also one of the major factor that makes the online casino more successful. Wink

It's not just adults that gamble, there are some kids or minor people who play it. I thought you said that miners, miners that mine bitcoin lol. It's enjoyable but definitely not the thing to do if you are getting addicted to it because you can actually get addicted. Making the casino successful by addicted gamblers and non-addicted people.

Miners mean under 18 kids he clearly mentioned that they would not get a chance to enter real casinos. Yes for kids online gambling there is no restriction they can play without showing any identity and bitcoin gambling no can track. So the Bitcoin gamblers are increasing day by day. This will give huge revenue to all casinos that are why the bitcoin casino are so successful in this world.

crwth

copper member

Activity: 2940

Merit: 1280

https://linktr.ee/crwthopia

Quote from: Caladonian on May 20, 2017, 10:18:31 PM

Quote from: Caladonian on May 20, 2017, 10:18:31 PM

Always easy earning attracts users in a simple manner. So gambling industry being successful is not a big thing and the bitcoin usage into gambling make it more easy to use. Now a major percentage of bitcoin circulation takes place through the gamblingindustry.

Yes mate gambling industry really makes a success with bitcoin since its really an easy access for most gamblers to play secretly and with most people who got involved they really make a huge impact more usage more success for bitcoin industry.

Yes it is is too easy to enter an online casino not only for the adults but also for the miners. The minors consider it an opportunity because they are not allowed to enter on land casinos and the online casino don't really inquire that much to find the actual age of any participant or visitor. So, it is also one of the major factor that makes the online casino more successful. Wink

It's not just adults that gamble, there are some kids or minor people who play it. I thought you said that miners, miners that mine bitcoin lol. It's enjoyable but definitely not the thing to do if you are getting addicted to it because you can actually get addicted. Making the casino successful by addicted gamblers and non-addicted people.

nidacoinlove

sr. member

Activity: 588

Merit: 254