Why Is Bitcoin Gambling Industry So Successful in the World? - page 18.

iluvbitcoins

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Quote from: ralle14 on May 11, 2017, 01:33:11 AM

Those reasons from the article are true but now most bitcoin casino charges you for the miner's fees. The fees are also slowly getting expensive due to the network getting busy. The best reason I like from the article is the anonimity because I don't like risking my personal info when I gamble woth bitcoina and the 5th one your bitcoins don't increase but the price of bitcoin is always moving which makes bitcoin gambling so risky.

The fees are extremly low considering the taxes you'd pay on winnings with physical betting.

ralle14

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Those reasons from the article are true but now most bitcoin casino charges you for the miner's fees. The fees are also slowly getting expensive due to the network getting busy. The best reason I like from the article is the anonimity because I don't like risking my personal info when I gamble woth bitcoina and the 5th one your bitcoins don't increase but the price of bitcoin is always moving which makes bitcoin gambling so risky.

pearlmen

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Quote from: tyz on May 10, 2017, 10:31:49 PM

I've just read an interesting article about popularity of Bitcoin gambling. The article identifies six reason why Bitcoin gambling is that successful. Bitcoin casinos started being successful in 2012. The 1st most successful casino was Satoshi Dice, which is a simple site that offers gamblers access to various dice rolling games. This surprising success sets precedent for the gambling industry. Full Article

The simple reason I can phantom to that is because all over various climes of the society gambling is frown at some countries even ban the act while others that allows it, do so with some conditions which most times not favourable. Aside that for those who meet those conditions which is most times age, the society does still not help by judging such individual as irresponsible for engaging in gambling then a liberation came which is bitcoin which makes it possible for me to defy all the odds above and enjoy what I wanted to do at my convenience without interference from either government or the society.

iqlimasyadiqa

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Quote from: tyz on May 10, 2017, 10:31:49 PM

I've just read an interesting article about popularity of Bitcoin gambling. The article identifies six reason why Bitcoin gambling is that successful. Bitcoin casinos started being successful in 2012. The 1st most successful casino was Satoshi Dice, which is a simple site that offers gamblers access to various dice rolling games. This surprising success sets precedent for the gambling industry. Full Article

Bitfcoin is currently very helpful in developing the gambling industry. Because bitcoin is currently almost all online gambling sites are becoming very popular. Ranging from the ease of playing up to make a deposit and also withdraw. As a result of this house casino home becomes more quiet. While gambling websites increasingly have a lot of gambler. This is one of the impacts of technological advances today.

ethereumhunter

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Quote from: tyz on May 10, 2017, 10:31:49 PM

I've just read an interesting article about popularity of Bitcoin gambling. The article identifies six reason why Bitcoin gambling is that successful. Bitcoin casinos started being successful in 2012. The 1st most successful casino was Satoshi Dice, which is a simple site that offers gamblers access to various dice rolling games. This surprising success sets precedent for the gambling industry. Full Article

i am not surprise to see anonymity is in number one of the list, i see many gamblers don't want to show their identity while they are playing gambling so with anonymity, they can hiding in some places and they can playing gambling with safe. beside that, personal information is not needed while we are playing bitcoin gambling so this is the second thing that make gamblers happy to played. people can send amount of bitcoin into gambling site and start to playing gambling without fear of nothing except fear about loss.

absy

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Our country doesn't allow gambling and it is illegal . Many people who wanted to gamble but couldn't gamble are now able to gamble because of Bitcoins and stay anonymous . Nobody asks you any questions when you are converting BTC to your local currency and hence its as easy as it gets .

Oralmat

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In my view, before bitcoin, people have littler bit playing online gambling, but when bitcoin came then they start to play bitcoin online gambling. Definitely it is crated of bitcoin, the reason people trust on bitcoin and also they start to trust on online gambling.
The second reason, people want to earn bitcoin and when they realize bitcoin online gambling is a way to win bitcoin, than they start to play it. I am also include myself of these people who started online gambling because of bitcoin.

MinerHQ

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But to withdraw funds in some of the casino's players need to pay small fees to get back their funds. Only one or two casinos may be paying the withdrawal fees and one of them is fortunejack site. Apart from that other reason are true and the most important one is anonymity. People can play these games from home or any other place with internet without providing any document proofs to these sites makes more comfortable for most of the gamblers to chose bitcoins or other cryptocurrencies.

tyz

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I've just read an interesting article about popularity of Bitcoin gambling. The article identifies six reason why Bitcoin gambling is that successful. Bitcoin casinos started being successful in 2012. The 1st most successful casino was Satoshi Dice, which is a simple site that offers gamblers access to various dice rolling games. This surprising success sets precedent for the gambling industry. Full Article

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