Why is Gamble gaining more fans than Bitcoin? - page 3.

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Quote from: rojan on August 02, 2023, 01:15:10 AM

Quote from: leonair on August 01, 2023, 10:38:09 PM

Bitcoin is bitcoin and gambling is gambling. Bitcoin is only 1 currency but gambling has many different games to get different type of fun. if you use gambling only for fun then it will give you different type of huge fun but if you use gambling as a source of income and your purpose is only for earn then gambling give you a bad experience without fun. so fun is depend on your purpose. You won't always get fun from gambling but even if you get less fun from Bitcoin it will be long term

The fun I find in gambling is not the fun you get from trading bitcoins. Gambling acts as an addiction. Gambling has a variety of games. Sometimes, if you don't like a game, you can play other games, but do it in bitcoinNo.there are many differences between Bitcoin and gambling. The happiness I find in gambling cannot be found by investing in Bitcoin. Gambling has certain rules and reasons that gamblers must abide by. There are some people who gamble for free time.

The pleasure of gambling is different from the pleasure of trading so it may feel different. The pleasure of gambling has nothing to do with bitcoins because bitcoins are used as a stake, in this case, the currency. You can use fiat for betting but it's no fun.

Meanwhile, the popularity of bitcoin has increased along with the influx of many investors who have bought bitcoin. And the popularity between gambling and bitcoin is different because it's not related to each other.

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Quote from: rojan on August 02, 2023, 01:15:10 AM

Quote from: leonair on August 01, 2023, 10:38:09 PM

Bitcoin is bitcoin and gambling is gambling. Bitcoin is only 1 currency but gambling has many different games to get different type of fun. if you use gambling only for fun then it will give you different type of huge fun but if you use gambling as a source of income and your purpose is only for earn then gambling give you a bad experience without fun. so fun is depend on your purpose. You won't always get fun from gambling but even if you get less fun from Bitcoin it will be long term

The fun I find in gambling is not the fun you get from trading bitcoins. Gambling acts as an addiction. Gambling has a variety of games. Sometimes, if you don't like a game, you can play other games, but do it in bitcoinNo.there are many differences between Bitcoin and gambling. The happiness I find in gambling cannot be found by investing in Bitcoin. Gambling has certain rules and reasons that gamblers must abide by. There are some people who gamble for free time.

It's just a matter of fans, not the statistics telling whose getting richer on what sector or which between the two gets more successful. From a neutral stand point, trading BTC and asset is way more difficult than gambling. This requires verifications, KYC, before you even trade. Aside that you are also required to study platform functions in which you are able to sell, buy, and transact. It requires not also investment monetary and time. Unlike on gambling, you just need the money to put in and deposit, spin the wheel and let your luck dictate your fortune. Isn't what gambling is more popular?

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Quote from: leonair on August 01, 2023, 10:38:09 PM

Bitcoin is bitcoin and gambling is gambling. Bitcoin is only 1 currency but gambling has many different games to get different type of fun. if you use gambling only for fun then it will give you different type of huge fun but if you use gambling as a source of income and your purpose is only for earn then gambling give you a bad experience without fun. so fun is depend on your purpose. You won't always get fun from gambling but even if you get less fun from Bitcoin it will be long term

The fun I find in gambling is not the fun you get from trading bitcoins. Gambling acts as an addiction. Gambling has a variety of games. Sometimes, if you don't like a game, you can play other games, but do it in bitcoinNo.there are many differences between Bitcoin and gambling. The happiness I find in gambling cannot be found by investing in Bitcoin. Gambling has certain rules and reasons that gamblers must abide by. There are some people who gamble for free time.

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Quote from: xSkylarx on August 01, 2023, 08:18:21 PM

Quote from: LDL on August 01, 2023, 07:59:20 PM

People are more interested in gambling than Bitcoin. Although gambling has more ricks than investing in bitcoins, people are developing a form of gambling addiction. If you are involved in gambling then you will have the possibility of both profit or loss but if you invest in bitcoin you will definitely have profit but you have to wait for long time to get that profit. Of course in gambling you don't have to wait long to get that profit but if you invest in gambling then your capital will likely be zero but in case of Bitcoin your worth will never be zero.

It is still not guaranteed that if ever you do gambling, you will gain profit in a short period of time because we know that gambling is for fun and not for profit, and most of the time you'll lose. Unlike investment, you have a higher chance of gaining profit, but again, it takes time. The reasons really why people go into gambling are the thrill and fun of it, though that doesn't mean that investing is not fun; it is just kind of like saying that playing basketball is more fun than reading and studying.

Bitcoin is bitcoin and gambling is gambling. Bitcoin is only 1 currency but gambling has many different games to get different type of fun. if you use gambling only for fun then it will give you different type of huge fun but if you use gambling as a source of income and your purpose is only for earn then gambling give you a bad experience without fun. so fun is depend on your purpose. You won't always get fun from gambling but even if you get less fun from Bitcoin it will be long term

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yes

Quote from: LDL on August 01, 2023, 07:59:20 PM

People are more interested in gambling than Bitcoin. Although gambling has more ricks than investing in bitcoins, people are developing a form of gambling addiction. If you are involved in gambling then you will have the possibility of both profit or loss but if you invest in bitcoin you will definitely have profit but you have to wait for long time to get that profit. Of course in gambling you don't have to wait long to get that profit but if you invest in gambling then your capital will likely be zero but in case of Bitcoin your worth will never be zero.

They're both risky, just adapt to the one that favours you. Gambling is meant to be triggered at our free time and with no expectations of gaining alot from it. I prefer investing in bitcoin since it is a legitimate and stress-free way to generate earnings that are multiples of what gambling provides. Bitcoin has both saved and drained many lives; it all depends on the strategies we employed to analyze the project. In the area, gambling is ubiquitous and allowed in many countries, unlike bitcoin, which appears to face restrictions and prohibitions from most governments.

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Quote from: LDL on August 01, 2023, 07:59:20 PM

People are more interested in gambling than Bitcoin. Although gambling has more ricks than investing in bitcoins, people are developing a form of gambling addiction. If you are involved in gambling then you will have the possibility of both profit or loss but if you invest in bitcoin you will definitely have profit but you have to wait for long time to get that profit. Of course in gambling you don't have to wait long to get that profit but if you invest in gambling then your capital will likely be zero but in case of Bitcoin your worth will never be zero.

It is still not guaranteed that if ever you do gambling, you will gain profit in a short period of time because we know that gambling is for fun and not for profit, and most of the time you'll lose. Unlike investment, you have a higher chance of gaining profit, but again, it takes time. The reasons really why people go into gambling are the thrill and fun of it, though that doesn't mean that investing is not fun; it is just kind of like saying that playing basketball is more fun than reading and studying.

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Quote from: LDL on August 01, 2023, 07:59:20 PM

People are more interested in gambling than Bitcoin. Although gambling has more ricks than investing in bitcoins, people are developing a form of gambling addiction. If you are involved in gambling then you will have the possibility of both profit or loss but if you invest in bitcoin you will definitely have profit but you have to wait for long time to get that profit. Of course in gambling you don't have to wait long to get that profit but if you invest in gambling then your capital will likely be zero but in case of Bitcoin your worth will never be zero.

Casinos have a great visual appeal, they are interesting, they are attractive, they are extremely addictive and with a high capacity for entertainment.
Betting on Bitcoin, the most "exciting" will be working with day-trading and leveraged investing, but it will still not be as pleasurable as a casino game.
For this "simple" reason, gambling attracts many more people than Bitcoin itself.

However, I don't blame people for this, I blame anyone who tries to make a comparison between gambling and an investment currency like Bitcoin, as these are completely different things (although they are directly linked) and should be used for different purposes:
Bitcoin: Investment and long-term gain;
Gambling: Spending money for entertainment in order to TRY to win money.

LDL

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People are more interested in gambling than Bitcoin. Although gambling has more ricks than investing in bitcoins, people are developing a form of gambling addiction. If you are involved in gambling then you will have the possibility of both profit or loss but if you invest in bitcoin you will definitely have profit but you have to wait for long time to get that profit. Of course in gambling you don't have to wait long to get that profit but if you invest in gambling then your capital will likely be zero but in case of Bitcoin your worth will never be zero.

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Quote from: rachael9385 on July 18, 2023, 08:57:29 AM

In the world to day gambling is leading instead of BitcoinBTC (crypto currency) and more are still wanting to join gambling because the minimum age to gamble is 18+ and lot of upcomings are waiting and this is the total amount of gamblers, so let's talk about the crypto currency (Bitcoin) we all know that Bitcoin is a good investment and it has changed a lot in the crypto world but the interesting part is that the numbers of Bitcoin investors can't be compared to gamble and my question is Why? or is the risk involved in Bitcoin higher than gambling risk?
Just chesk this source

The thing is that gambling would definitely have more fans than Bitcoin because it have been dated far back even before our forefathers have had several forms of gambling and passed it on for generations till it got to the present time and have been enhanced by technology by creating online platforms where people can bet comfortable at various areas with their devices and it would remain so for more generations to come and for the fact that majority of people see it as a means of having fun while earning would even make it more attractive than Bitcoin.
Whereas Bitcoin is just the new evolution of money that's present in our own generation and was only created in 2009 and currently adopted by few in several continents, the information of bitcoin is know to few people around the world making it less popular to gambling and the fact there's only one or two countries in the whole world that's made it a legal tender is enough to say that Bitcoin might be known by many but used by few people worldwide.

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Quote from: pakhitheboss on July 31, 2023, 10:44:09 PM

Quote from: uneng on July 28, 2023, 02:06:51 PM

Gambling is also easier understood by people in general than Bitcoin, because it's already part of their culture and tradition since a long ago, therefore people have contact with gambling probably since their childhood. And with contact with gambling I don't mean access to physical or online casinos, but to daily plays which involve betting on some events that may occur along the day and on determined situations. That gives people a good notion of gambling and get them familiarized with this, so when they grow older, it will be a piece of cake to join a casino and start playing.

With Bitcoin, on the other hand, people may get aware about it only during their adulthood, so they will have more difficulties familiarizing with this.

Yeah, gambling is not that complicated like Bitcoin can be to everyone. As a kid everyone has experienced gambling in one way or the other. Bitcoin came into existence a decade back and most of the humanity still doesn't know that Bitcoin exist. Whereas if you ask about gambling to anyone on the street they would know about it. Although you wouldn't hear anything good about it. Comparing both doesn't make any sense for me. This is like comparing Bitcoin with gold wherein both are different entities.

Exactly, most people know what gambling is but there are already a lot of people who don't know what bitcoin is, that's why gambling is gaining more fans than bitcoin imo. Bitcoin can be a bit complicated for them, while gambling is relatively easy to understand. Additionally, it's important not to directly compare the two as they are very different from each other. Gambling is a way to potentially earn money mostly based on pure luck while bitcoin is a crypto that has the potential to make you rich if you invest a huge amount of money in it over a long term period.

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Quote from: rachael9385 on July 18, 2023, 08:57:29 AM

In the world to day gambling is leading instead of BitcoinBTC (crypto currency) and more are still wanting to join gambling because the minimum age to gamble is 18+ and lot of upcomings are waiting and this is the total amount of gamblers, so let's talk about the crypto currency (Bitcoin) we all know that Bitcoin is a good investment and it has changed a lot in the crypto world but the interesting part is that the numbers of Bitcoin investors can't be compared to gamble and my question is Why? or is the risk involved in Bitcoin higher than gambling risk?
Just chesk this source

Oh!!

Well...
... It will be because one thing has nothing to do directly with the other, therefore, one should not be the scale of the other.

One can make comparisons in the sense that investment or entrepreneurs opt for casinos as a crypto business, but falling into the dilemma that people prefer to gamble rather than buy bitcoin results in a lack of reliable comparison.

An equivalence that occurs to me is to think that people decide to bet on soccer and not play it recreationally. I hope you understand at least my point of view.

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Quote from: KaizenJujustsu on July 31, 2023, 09:13:42 AM

Quote from: Mr. Magkaisa on July 31, 2023, 04:01:48 AM

- In general, it cannot be denied that gambling came first. Before bitcoin appearance. And it is also obvious that there are many people all over the world who are obsessed with playing gambling, especially in the modern era that we have today where even if you are at home you can gamble at an online casino without any hassle.

That's why Bitcoin should not be compared to gambling because of the size of their difference, it is because Bitcoin can be considered a long term investment and gambling is not, but rather a type of entertainment that can be wasted if you just want to have fun.

Exactly. There is a big distinction separating Gambling and Bitcoin, both serve their purpose and should not be compared.

In my opinion, when you do gambling, you consider chances, your luck, and your intuition within that day. While buying Bitcoin or trading crypto in general, you consider different factors through fundamental analysis and technical analysis. It is a learning process, and there should really be a strategy because, with cryptocurrency's volatility, there is a higher chance of losing your money when you risk it without proper positioning.

I agree with you that it does not really the most sense to compare bitcoin and gambling, as gambling is something you do just for the fun of it, or at least that is supposed to be its main function, while bitcoin is money and also a network which allow you to make payments all over the world, and due to its scarce nature it is also serving as an investment and speculation vehicle for those that want to make money on the short and long term.

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Quote from: Don Pedro Dinero on August 01, 2023, 12:17:37 AM

Quote from: pakhitheboss on July 31, 2023, 10:44:09 PM

Yeah, gambling is not that complicated like Bitcoin can be to everyone. As a kid everyone has experienced gambling in one way or the other. Bitcoin came into existence a decade back and most of the humanity still doesn't know that Bitcoin exist. Whereas if you ask about gambling to anyone on the street they would know about it. Although you wouldn't hear anything good about it. Comparing both doesn't make any sense for me. This is like comparing Bitcoin with gold wherein both are different entities.

You are right that bitcoin is technically more complicated but it can be as simple as the user wants it to be. Proportionally simple to the effort the user wants to make to understand it. Some people buy bitcoin because it is fashionable, because they have seen an influencer talking about it or because the price has broken ATH, without stopping to think more about features such as decentralisation and limited supply. In the same way, this type of user bets without having a deep understanding of odds, House Edge and Expected Value. Although the user who does not make an effort to acquire knowledge in both areas usually loses money on both.

It depends on how they want to know bitcoin. If they just want to know how to trade bitcoins, that's enough for them, and there's no need to know or learn more. But if they want to know how the price of bitcoin can fluctuate more, they need to find out by studying the right sources. Whereas gambling has been with us for a long time, almost everyone has played gambling. And the presence of bitcoin as the currency of choice gives them the freedom to use online crypto gambling so they can have more choices in playing gambling. But gambling does have its fans because many people have loved it for a long time.

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Quote from: Don Pedro Dinero on August 01, 2023, 12:17:37 AM

Quote from: pakhitheboss on July 31, 2023, 10:44:09 PM

Yeah, gambling is not that complicated like Bitcoin can be to everyone. As a kid everyone has experienced gambling in one way or the other. Bitcoin came into existence a decade back and most of the humanity still doesn't know that Bitcoin exist. Whereas if you ask about gambling to anyone on the street they would know about it. Although you wouldn't hear anything good about it. Comparing both doesn't make any sense for me. This is like comparing Bitcoin with gold wherein both are different entities.

You are right that bitcoin is technically more complicated but it can be as simple as the user wants it to be. Proportionally simple to the effort the user wants to make to understand it. Some people buy bitcoin because it is fashionable, because they have seen an influencer talking about it or because the price has broken ATH, without stopping to think more about features such as decentralisation and limited supply. In the same way, this type of user bets without having a deep understanding of odds, House Edge and Expected Value. Although the user who does not make an effort to acquire knowledge in both areas usually loses money on both.

from these two statements I have thoughts instead of comparing if gambling is actually better known in an easy way they only need to bring money to bet where they want or in slot games that only press the spin button or sports betting and place bet on underdog team. but for bitcoin or bitcoin investment we have to know what is the price of ATH and what is the current price or in other words we have to analyze before buying as it is a little more complicated than gambling.
but actually the two are very different because the way they work is also different even though there is still a related between luck but actually bitcoin is closer to gold than gambling. and this is just my opinion.

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Quote from: pakhitheboss on July 31, 2023, 10:44:09 PM

Yeah, gambling is not that complicated like Bitcoin can be to everyone. As a kid everyone has experienced gambling in one way or the other. Bitcoin came into existence a decade back and most of the humanity still doesn't know that Bitcoin exist. Whereas if you ask about gambling to anyone on the street they would know about it. Although you wouldn't hear anything good about it. Comparing both doesn't make any sense for me. This is like comparing Bitcoin with gold wherein both are different entities.

You are right that bitcoin is technically more complicated but it can be as simple as the user wants it to be. Proportionally simple to the effort the user wants to make to understand it. Some people buy bitcoin because it is fashionable, because they have seen an influencer talking about it or because the price has broken ATH, without stopping to think more about features such as decentralisation and limited supply. In the same way, this type of user bets without having a deep understanding of odds, House Edge and Expected Value. Although the user who does not make an effort to acquire knowledge in both areas usually loses money on both.

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Quote from: uneng on July 28, 2023, 02:06:51 PM

Gambling is also easier understood by people in general than Bitcoin, because it's already part of their culture and tradition since a long ago, therefore people have contact with gambling probably since their childhood. And with contact with gambling I don't mean access to physical or online casinos, but to daily plays which involve betting on some events that may occur along the day and on determined situations. That gives people a good notion of gambling and get them familiarized with this, so when they grow older, it will be a piece of cake to join a casino and start playing.

With Bitcoin, on the other hand, people may get aware about it only during their adulthood, so they will have more difficulties familiarizing with this.

Yeah, gambling is not that complicated like Bitcoin can be to everyone. As a kid everyone has experienced gambling in one way or the other. Bitcoin came into existence a decade back and most of the humanity still doesn't know that Bitcoin exist. Whereas if you ask about gambling to anyone on the street they would know about it. Although you wouldn't hear anything good about it. Comparing both doesn't make any sense for me. This is like comparing Bitcoin with gold wherein both are different entities.

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As most people have mentioned it is the lack of understanding about bitcoin that makes gambling superior to it. People have much used to the term gambling, and they're not much user to the word bitcoin. With time people will get better understanding when they start exploring more about bitcoin and gambling. There is also some mix-up among the people that bitcoin is gambling and bitcoin is for gambling. These are just the misunderstanding that could deviate people towards a different track. This can be overcome only through the knowledge we acquire relative to bitcoin and gambling. One of the biggest reason is the quick money making possibility against the long holding for people's increased interest over gambling.

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There are several reasons.
1. Gambling existed earlier than Bitcoin
2. Gambling always promises extraordinary results, once the promotion (even though the reality is quite the opposite)
3. Gambling is like addiction, once it's entered, it will make you curious
4. Sometimes the environment also influences gambling activities and desires. Meanwhile in Bitcoin, this rarely happens.
5. Gambling is probably more well-known than Bitcoin. But I believe that it is only a matter of time. The longer it is, the more people will know and want to enter Bitcoin.
6. Many people think that Bitcoin is uncertain and unreal, so they don't believe in Bitcoin because Bitcoin is full of risks. Meanwhile, they are in the goats, where the risk is also very high, right? It's too cute to compare
And there are probably still several specific reasons why this happens often in the real life.

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Quote from: Westinhome on July 31, 2023, 06:03:16 PM

Quote from: Wiwo on July 31, 2023, 06:09:05 AM

Gambling has been in existence since the beginning of human civilization, but Bitcoin on the other hand is just a decade plus so comparing gambling vs Bitcoin in terms of popularity won't make much sense because both don't have the same starting point.

Bitcoin has always sought out ways to provide alternative services in financial transaction and that is why most casinos adopted Bitcoin and other cryptocurrencies into their payment system.

The gambling before the human civilization was not the organised one,it's like betting on the certain action or activity based on the probability.Sometimes it was like the ability of person to complete the task,which is very hard for the normal people to complete the task.Then the gambling was made with huge technology update and start with the cards the gambling in the offline mode.Then the gambling was started their service in the online mode.So the participants to the particular website was from all over the world.

So this means that gambling had been advertised even before the human civilization since you stated that gambling existed that way. This only means that we should not compare the popularity of Bitcoin to gambling because it is a no-brainer that gambling will have more fans and can accumulate more fans because gambling has been around for so long even before Bitcoin is created.

Quote from: Westinhome on July 31, 2023, 06:03:16 PM

Quote from: Gozie51 on July 31, 2023, 09:32:00 AM

Investment and instant multiplier effect is one difference that you have pointed out here. Yes on a longtime, bitcoin is regarded as investment but at no time will gambling be regarded as an investment but rather it could be regarded as profit multiplier system that is, the aim of gambling is for quick and fast money generation but whether this manifest or not depends on the winning and losing rate of the gambler. People also known gambling because it is as old as humanity. In fact every older youth must have known what gambling is but has a choice to follow up with it or not but same will not be said about bitcoin because it is still relatively new and many countries have not legalized it which causes its popularity not to grow on a fast pace.

Gambling is based on the prediction of the exact option which help us to win,but btcoin the same manner.We should find the exact price to start the buy option of cryptocurency.The gambling website will allow us to do the fast deposit and withdrawal.So this made the gambling website more popular to other gambling website,we should find the good exchange to by the bitcoin and hold the money.

Come again? I got confused when you stated because gambling is based on the prediction of the exact option, it help us to win... and Bitcoin doing the same. I got confused reading this.

Anyway Bitcoin as a young industry against gambling which is an ancient Industry, we should not be surprise if Gambling beats Bitcoin to pupl in terms of acquiring new comers, besides gambling activities is addictive while Bitcoin is not.

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Quote from: Wiwo on July 31, 2023, 06:09:05 AM

Gambling has been in existence since the beginning of human civilization, but Bitcoin on the other hand is just a decade plus so comparing gambling vs Bitcoin in terms of popularity won't make much sense because both don't have the same starting point.

Bitcoin has always sought out ways to provide alternative services in financial transaction and that is why most casinos adopted Bitcoin and other cryptocurrencies into their payment system.

The gambling before the human civilization was not the organised one,it's like betting on the certain action or activity based on the probability.Sometimes it was like the ability of person to complete the task,which is very hard for the normal people to complete the task.Then the gambling was made with huge technology update and start with the cards the gambling in the offline mode.Then the gambling was started their service in the online mode.So the participants to the particular website was from all over the world.

Quote from: Gozie51 on July 31, 2023, 09:32:00 AM

Investment and instant multiplier effect is one difference that you have pointed out here. Yes on a longtime, bitcoin is regarded as investment but at no time will gambling be regarded as an investment but rather it could be regarded as profit multiplier system that is, the aim of gambling is for quick and fast money generation but whether this manifest or not depends on the winning and losing rate of the gambler. People also known gambling because it is as old as humanity. In fact every older youth must have known what gambling is but has a choice to follow up with it or not but same will not be said about bitcoin because it is still relatively new and many countries have not legalized it which causes its popularity not to grow on a fast pace.

Gambling is based on the prediction of the exact option which help us to win,but btcoin the same manner.We should find the exact price to start the buy option of cryptocurency.The gambling website will allow us to do the fast deposit and withdrawal.So this made the gambling website more popular to other gambling website,we should find the good exchange to by the bitcoin and hold the money.

Topic: Why is Gamble gaining more fans than Bitcoin? - page 3. (Read 1358 times)