The idea of all online gambling sites becoming Cryptocurrency based is not gonna happen, instead those big giant websites will add crypto currenty to their payment methods to take customers from Cryptocurrency based gambling websites. At least that what would probably happen in coming years. The current blockchain technology are still far away from achieving breakout that could change the entire world form centralized to decentralized, we're still not capable even to create professional Dapps.
Maybe we can't this time but when cryptocurrency is fully adopted globally we could witness that most gambling sites will look for that. In fact, we are started already and the said market development will continue until we reach the highest peak. It just a matter of time, we can't make it instantly but we can make it at the right moment. There is no reason to decline such a thing if we all can get benefits from here. 
Topic: Will There Comes A Time That All Online Gambling Sites Are CryptoCurrency Based? - page 5. (Read 3847 times)
September 27, 2019, 09:59:15 AM
September 27, 2019, 03:51:14 AM
I would want to see that one day but the truth is that it's unlikely. There are still a lot of online fiat casinos that exists today and we don't even know if they will start to adopt cryptocurrencies and accept it as their currency too.
Not every gambler would like to use crypto and this is one sad reality. We're all here because we like bitcoin and other crypto stuffs but this is a huge world
You're right about this part because the last time i checked there are still some people which are yet to totally trust, use or have good intention towards cryptocurrency.Not every gambler would like to use crypto and this is one sad reality. We're all here because we like bitcoin and other crypto stuffs but this is a huge world
and thinking that most casinos in the future are crypto based, chance is slim.
But the chance of all gambling site to crypto base is not slim because almost all countries where gambling is legal are crypto friendly and once crypto become the mainstream of payment other gambling site owner will give in so they could match up with their business competitors.
September 27, 2019, 03:30:55 AM
Anonymity and popularity of Cryptocurrency are two of it's the best attraction.
And Cryptocurrency games are more transparent.
Will, there comes a time that all online gambling sites will be Cryptocurrency based?
And Cryptocurrency games are more transparent.
Will, there comes a time that all online gambling sites will be Cryptocurrency based?
This is just a matter of time. And not just online gambling sites but also in all other aspects of spending. Cryptocurrency will be the currency of the future and so there is no other way for online gambling sites to develop but within the bounds of cryptocurrency. Cryptocurrency will be used by online gambling sites not because it is anonymous, popular, and transparent as the case may be right now but because there is no other money.
The decision should be left for gamblers. There are gamblers who will need the anonymity, especially those from countries that are hard on gambling. Some gamblers wouldn't care about anonymity or other features Crypto provides as long as they get all they need on a fiat/Crypto based gambling site.
September 27, 2019, 03:14:36 AM
The idea of all online gambling sites becoming Cryptocurrency based is not gonna happen, instead those big giant websites will add crypto currenty to their payment methods to take customers from Cryptocurrency based gambling websites. At least that what would probably happen in coming years. The current blockchain technology are still far away from achieving breakout that could change the entire world form centralized to decentralized, we're still not capable even to create professional Dapps.
But we can hope to see cryptocurrency can be added in the big online gambling sites so gamblers can see that now, they have another option to deposit. When they try to use cryptocurrency, I think they will like it because it's simple, easy, and not take too long to see the deposit money will arrive in their account. Besides that, we can hope that online gambling can see that the cryptocurrency can give more benefits to them, especially to gain more gamblers to play on their site.
September 27, 2019, 03:09:32 AM
~snip~
But right now. Almost any online casino I can think of accepts Bitcoins as a means of gambling. I like that as the Feds are not all up your @$$. It is also alot more secure as you do not have to submit your debit card information to untrusted websites!
^ The line that I underlined above was the exact purpose here why people/gamblers enthusiasts choose cryptocurrency in using as a fund in gambling. No one like to give information to the website especially when we are talking storage of our money the debit card or even ATM cards that contain our personal data. I would prefer to use bitcoin or other forms of crypto that accepted in online gambling. Nevertheless, when the time comes online kind of online gambling aspect will base on crypto. But right now. Almost any online casino I can think of accepts Bitcoins as a means of gambling. I like that as the Feds are not all up your @$$. It is also alot more secure as you do not have to submit your debit card information to untrusted websites!
September 27, 2019, 02:56:15 AM
I really think there will come a time that everyone accept Cryptocurrency. As far as gambling sites are concerned. A majority of online casinos that were around before Bitcoin ever existed, all pretty much accept some form of Crypto. Most of them only accept Bitcoin. But it is a step in the right direction. If you were to fast forward another 5 years I would be willing to bet that they all accept atleast bitcoin.
I do not know how true it is as I have never been to Las Vegas, NV but I read a couple 2 or 3 years ago that even real Casinos in Vegas are beginning to accept payment in Bitcoin. Pretty soon, Shreveport Louisiana, and even Tunica Mississippi will begin accepting BTC it is only a matter of time!!!
But right now. Almost any online casino I can think of accepts Bitcoins as a means of gambling. I like that as the Feds are not all up your @$$. It is also alot more secure as you do not have to submit your debit card information to untrusted websites!
I do not know how true it is as I have never been to Las Vegas, NV but I read a couple 2 or 3 years ago that even real Casinos in Vegas are beginning to accept payment in Bitcoin. Pretty soon, Shreveport Louisiana, and even Tunica Mississippi will begin accepting BTC it is only a matter of time!!!
But right now. Almost any online casino I can think of accepts Bitcoins as a means of gambling. I like that as the Feds are not all up your @$$. It is also alot more secure as you do not have to submit your debit card information to untrusted websites!
September 27, 2019, 02:47:00 AM
Many governments don't really have problems with online gambling. There are lots of fiat based online gambling registered and regulated by governments. I think what most governments will have hard time accepting are gamblings based on cryptocurrency.
The Government might not have anything that much against online gambling but they definitely have everything against cryptocurrency, I do not really know why they see it as a big threat and this is even enough reason, they might want to see it eradicated which I doubt they will even succeed if they dare come up with such plan. In my opinion, both fiat gambling and crypto gambling are doing very well and they will continue to exist. I don't see anyone replacing any. I plat with fiat and also with crypto, it all depends on the game I am interested in playing at that time. I feel gamblers that are using fiat are even more than those using cryptocurrency because fiat gambling has long existed before cryptocurrency.
September 27, 2019, 01:32:39 AM
The idea of all online gambling sites becoming Cryptocurrency based is not gonna happen, instead those big giant websites will add crypto currenty to their payment methods to take customers from Cryptocurrency based gambling websites. At least that what would probably happen in coming years. The current blockchain technology are still far away from achieving breakout that could change the entire world form centralized to decentralized, we're still not capable even to create professional Dapps.
But we can hope to see cryptocurrency can be added in the big online gambling sites so gamblers can see that now, they have another option to deposit. When they try to use cryptocurrency, I think they will like it because it's simple, easy, and not take too long to see the deposit money will arrive in their account. Besides that, we can hope that online gambling can see that the cryptocurrency can give more benefits to them, especially to gain more gamblers to play on their site.
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September 26, 2019, 06:47:44 PM
I would want to see that one day but the truth is that it's unlikely. There are still a lot of online fiat casinos that exists today and we don't even know if they will start to adopt cryptocurrencies and accept it as their currency too.
Not every gambler would like to use crypto and this is one sad reality. We're all here because we like bitcoin and other crypto stuffs but this is a huge world
You're right about this part because the last time i checked there are still some people which are yet to totally trust, use or have good intention towards cryptocurrency.Not every gambler would like to use crypto and this is one sad reality. We're all here because we like bitcoin and other crypto stuffs but this is a huge world
and thinking that most casinos in the future are crypto based, chance is slim.
September 26, 2019, 06:31:01 PM
The idea of all online gambling sites becoming Cryptocurrency based is not gonna happen, instead those big giant websites will add crypto currenty to their payment methods to take customers from Cryptocurrency based gambling websites. At least that what would probably happen in coming years. The current blockchain technology are still far away from achieving breakout that could change the entire world form centralized to decentralized, we're still not capable even to create professional Dapps.
September 26, 2019, 06:09:22 PM
Anonymity and popularity of Cryptocurrency are two of it's the best attraction.
And Cryptocurrency games are more transparent.
Will, there comes a time that all online gambling sites will be Cryptocurrency based?
That's no possible, maybe we will surpass the popularity of fiat gambling sites but we can never replace them. And Cryptocurrency games are more transparent.
Will, there comes a time that all online gambling sites will be Cryptocurrency based?
Fiat gambling sites provides security to its gamblers, especially the high rollers as all of them are registered company and therefore if they would scam, a player or their client can sue them.
Most of the crypto based gambling sites are not registered, the best possibility I'm seeing is the growth of volume of gamblers as it could more attract small gamblers but that is actually good as volume means success, as it would provide consistent profit to a gambling sites.
September 26, 2019, 05:56:26 PM
Only people without crypto knowledge will be using the fiat in online casinos because they have no reason to still use fiat when we got crypto.Most casino games available on crypto gambling sites,withdrawal and deposits made easy and further no one will ever notice who we are even if we won in millions.
Well that simply put things that people will continue to use Fiat currency in online gambling because cryptocurrency cannot and will not monopolize the online gambling industry. There will always be a country that will oppose cryptocurrency implementation especially in online gambling because government are too paranoid when it comes to money laundering.
September 26, 2019, 05:47:26 PM
Only people without crypto knowledge will be using the fiat in online casinos because they have no reason to still use fiat when we got crypto.Most casino games available on crypto gambling sites,withdrawal and deposits made easy and further no one will ever notice who we are even if we won in millions.
It has to be thought of in terms of supply and demand, (in coming decade+) FIAT is going to be throwing out massive amounts of paper notes and some speculate that money will even become free (helicopter QE). The reasoning why this will or even must occur is because of excessive debts. The money produced must be part of the debt system built up by QE programs.
I know people will say what has this got to do with the OP question, the reason we all or most of us live in countries with big debt built up as part of fiscal budgets and we also all pay taxes in FIAT. People will certainly be required to use this FIAT money in order the government debt system doesnt collapse so they will choose to spend this worthless paper money.
Ironically it could end up the crypto is not spent so much as people believe will appreciate in value, the fear being the FIAT paper will end up like Venezuela or Zimbabwe
September 26, 2019, 04:43:13 PM
Only people without crypto knowledge will be using the fiat in online casinos because they have no reason to still use fiat when we got crypto.Most casino games available on crypto gambling sites,withdrawal and deposits made easy and further no one will ever notice who we are even if we won in millions.
It will take long time before this happens because many sites in gambling that don’t accept Crypto(or maybe they are planning soon)but until this not happen then people will bet using fiat and crypto at the same time in different sites
September 26, 2019, 04:14:41 PM
I would want to see that one day but the truth is that it's unlikely. There are still a lot of online fiat casinos that exists today and we don't even know if they will start to adopt cryptocurrencies and accept it as their currency too.
Not every gambler would like to use crypto and this is one sad reality. We're all here because we like bitcoin and other crypto stuffs but this is a huge world and thinking that most casinos in the future are crypto based, chance is slim.
Agreed, and gambling industry is very big. It considers all category of people which means users who love cryptocurrency, people who doesn't want to use cryptocurrency for gambling and other needs. This means we cannot make a person into compulsion, which might end the gambling habit of the gambler. The gambling network is always in need of more and more common people using their services. Taking it into consideration they'll provided as much support for different user category and only cryptocurrency is unlikely.Not every gambler would like to use crypto and this is one sad reality. We're all here because we like bitcoin and other crypto stuffs but this is a huge world and thinking that most casinos in the future are crypto based, chance is slim.
As for the fiat casinos, they will start to think which will be the most preferred crypto by their users if they are about accept crypto deposits. The number one choice is always bitcoin and the rest depends on them with demand for the alt coins.
September 26, 2019, 01:07:24 AM
Anonymity and popularity of Cryptocurrency are two of it's the best attraction.
And Cryptocurrency games are more transparent.
Will, there comes a time that all online gambling sites will be Cryptocurrency based?
For me, yes, the percentage is quite or 50/50 high that all online gambling sites will be cryptocurrency based in the future, but they will not remove that fiat money. Why the percentage is 50/50 its because the cryptocurrencies capability is superb, incomes to deposits/payment, withdrawal/ cashout, transactions, transparency, etc. But on the other side cryptocurrency is not that legal, now some countries prohibited cryptos, and some ppl still don't use cryptos. But the adaption is still there, and also the era of new technology is here is it's possible. And Cryptocurrency games are more transparent.
Will, there comes a time that all online gambling sites will be Cryptocurrency based?
September 25, 2019, 11:59:16 PM
Only people without crypto knowledge will be using the fiat in online casinos because they have no reason to still use fiat when we got crypto.Most casino games available on crypto gambling sites,withdrawal and deposits made easy and further no one will ever notice who we are even if we won in millions.
It will take long time before this happens because many sites in gambling that don’t accept Crypto(or maybe they are planning soon)but until this not happen then people will bet using fiat and crypto at the same time in different sites
September 25, 2019, 11:45:54 PM
Only people without crypto knowledge will be using the fiat in online casinos because they have no reason to still use fiat when we got crypto.Most casino games available on crypto gambling sites,withdrawal and deposits made easy and further no one will ever notice who we are even if we won in millions.
That is true. Without knowing crypto, people will tend to stay in the online casino, and they will not try crypto gambling. But if they can open their mind or they are by coincidence read about the cryptocurrency gambling, they will search on the other news. They will learn more and more, and they will try to use cryptocurrency in the gambling site.
I am sure they will like it because when they use crypto in gambling, it will very easy to do. People don't need to verify themselves. They can start with the welcome bonus, and even they can start with the faucet that will be available on any websites.
September 25, 2019, 11:31:12 PM
As it supposed and positively will happen in the future if crypto stays longer, either we like it or not. If ever it does, it doesn't mean that we are disclosing fiat to be accepted cause still a lot of gamblers will be using fiat with their preference especially those countries that banning crypto.
The future of gambling relies on the owners and what makes their mind to fully change their system into the crypto base will surely have a good result as many gamblers looking this thing.
The future of gambling relies on the owners and what makes their mind to fully change their system into the crypto base will surely have a good result as many gamblers looking this thing.
September 25, 2019, 09:20:11 PM
That's the dream but the chances of that happening is almost zero, the big gambling sites are already profiting from their traditional currency based system, i don't see any reason then diverting into the cryptocurrency system unless the industry achieve world wide adoption which isn't happening anything soon. Majority or all of the online gambling site can only be cryptocurrency based if currency like bitcoin gets recognized as whole currency. So until we have achieved that goal, this is just impossible.
Agreed with you that to see major gambling sites based on cryptocurrency then the crypto itself should be mass adoption first and if we see with the current situations of crypto it very far to do so and casinos based on crypto currently only dominated by small casinos compare to the big casinos then the statistics to played is very less but i do believe it will happend in the future and casinos based on cryptocurrency could be new inovation for the people because unlike fiat casinos crypto offering good features to the users Jump to: