Will you buy lottery online in bitcoin payment? - page 4.

michellee

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Quote from: michellee on July 22, 2019, 10:01:48 AM

Quote from: sweetbet on May 07, 2019, 08:21:31 PM

No way, because if the 0.002 BTC that I spend today ends up being worth $100 next week, next month or next year, I'd be very upset.

0.002 btc will be worth if bitcoin price increases because we don't know how higher bitcoin price can reach. I think that is why some of us prefer to buy lottery with altcoin because they can use bitcoin to purchase altcoin and I am sure that they will get a huge amount. But who knows, by buying the lottery, we can get lucky so we can win some money Grin

You should expect for gain though keeping in mind the reasons why should Bitcoin gain value till May 2020. But isn’t it a risky investment to use your Bitcoin and buy some lottery ticket? The odds or winning when it comes to lottery are very low and your probability of making the money is one out of 175m according to statistics of previous lotteries.

I think that the risk is not too big if we don't use a big amount of bitcoin so we can keep the rest amount for the next bull run that will happen soon. So I think although we are losing money in the lottery, we don't lose too much money because we still have the rest bitcoin. It will differ if we use all of our bitcoin to buy lottery because we want to hit the jackpot.

Spaffin

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Quote from: michellee on July 22, 2019, 10:01:48 AM

Quote from: sweetbet on May 07, 2019, 08:21:31 PM

No way, because if the 0.002 BTC that I spend today ends up being worth $100 next week, next month or next year, I'd be very upset.

0.002 btc will be worth if bitcoin price increases because we don't know how higher bitcoin price can reach. I think that is why some of us prefer to buy lottery with altcoin because they can use bitcoin to purchase altcoin and I am sure that they will get a huge amount. But who knows, by buying the lottery, we can get lucky so we can win some money Grin

You should expect for gain though keeping in mind the reasons why should Bitcoin gain value till May 2020. But isn’t it a risky investment to use your Bitcoin and buy some lottery ticket? The odds or winning when it comes to lottery are very low and your probability of making the money is one out of 175m according to statistics of previous lotteries.

Anyway, it seems to me that the use of Bitcoin in gambling is impractical. Thanks to Bitcoin, you can get a lot more than in a game of chance. There are other opportunities to gamble and spend other cryptocurrencies. I consider Bitcoin to be the most important asset in the cryptocurrency market, which needs to be treated very carefully.

robelneo

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No, I will not buy if I won the lottery people where I bought online can easily trace me as their winner, it's better that you buy your own ticket online because your privacy is safe, there are people here that offer people for their service and that is buying a ticket for them for a small fee, but what if they record your ticket, they will know exactly that you've won the jackpot.

michellee

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Quote from: sweetbet on May 07, 2019, 08:21:31 PM

No way, because if the 0.002 BTC that I spend today ends up being worth $100 next week, next month or next year, I'd be very upset.

0.002 btc will be worth if bitcoin price increases because we don't know how higher bitcoin price can reach. I think that is why some of us prefer to buy lottery with altcoin because they can use bitcoin to purchase altcoin and I am sure that they will get a huge amount. But who knows, by buying the lottery, we can get lucky so we can win some money Grin

panjul07

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Quote from: Moiyah on July 22, 2019, 12:32:58 AM

It is hasslle to buy lottery tickets using bitcoin. Imagine if you just hodl it you will get profits while keeping it when the market pumps instead of spending it to a lottery ticket and spend higher fees. There are nearby lottery stations in our area thus I will just pay it in cash. No hassle for transactions confirmations.

I think you are right, bitcoin is too mcuh better than lottery, if anyone have bitcoin then it meant he already have a profitable coin, then why we need to buy lottery with bitcoin, we could buy lottery with cash and save bitcoin and gain profit from it.

I'm sure the main idea is not about gaining profit or about spending fees when buying something with bitcoin, but the main idea is about an alternative way to buy something with bitcoin. If you thinks that way means that you do not even support the existence of bitcoin gambling, do you? Surely, it is all about preferences. I prefer to gamble using crypto than cash because of its anonymity although I need to spend some fees for every transactions but I don't really care about it so far.

Capt00

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If that so, why not? I am been playing lottery games sometimes and it could be easier in my part if I could use BTC or any cryptocurrencies to buy ticket but it seems to be not available in our country. It may be there are some areas where accepting BTC payments and hoping that it could be presented also to our country in the future.

Polar91

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I wouldn't. It's because lottery in our country is very convenient and surely supported by the government at the same time. We can bet in a lottery with our lucky numbers at any mall here thus I must rather spend my fiat money and let my BTC gives me a profit from gaining value in this bullish market. On the other hand, I'm still gambling through sportsbetting, poker, and etc. with Btc since my age is still not qualified for me to gamble in casinos here.

ryzaadit

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You guys are interested with lottery system using blockchain/smart-contract and the payment using a cryptocurrency. Try to look at LOTEO, they have a smooth interface, also every Lottery held by LOTEO will always have a winner really different with other Lottery. The ticket not using a number like other tickets, they using True RNG Number from Smart-contract to choice the winner, everything using a DAPP at the platform.

Moiyah

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It is hasslle to buy lottery tickets using bitcoin. Imagine if you just hodl it you will get profits while keeping it when the market pumps instead of spending it to a lottery ticket and spend higher fees. There are nearby lottery stations in our area thus I will just pay it in cash. No hassle for transactions confirmations.

Johnzky

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Lol my house ia just block away from lottery outlets not just one but two outlets so why do i need to buy online?

I will never spend my Holdings just to buy lottery tickets lol,and also i am buying scratchable lottery card once.ot twice a week so i need to buy in outlet

TheCoinGrabber

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Not my cup of coffee but I suppose it might appeal to dedicated lottery addicts who buy tickets for draws abroad? If ever I won one of those lotteries I'd rather have my prize received in fiat or btc rather than some other crypto.

Quote from: nydiacaskey01 on May 08, 2019, 06:43:44 PM

At this point in time where we see the price of Bitcoin continues to surge, I would rather buy lottery tickets using fiat than spend my Bitcoin and pay additional fees for using Bitcoin as a form of payment. The only advantage that I see in using Bitcoin as payment is there will be no need to fall in line, specially if the draw is the same day where most of the time there will be long lines.

I agree with this. I'd rather just convert and buy tickets for a local lotto. As for the lines, it's always long where I live and the exchange don't offer lotto among it's service so I'll have no choice but to encash.

nydiacaskey01

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At this point in time where we see the price of Bitcoin continues to surge, I would rather buy lottery tickets using fiat than spend my Bitcoin and pay additional fees for using Bitcoin as a form of payment. The only advantage that I see in using Bitcoin as payment is there will be no need to fall in line, specially if the draw is the same day where most of the time there will be long lines.

logicgate

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Quote from: milewilda on May 08, 2019, 08:03:31 AM

Quote from: Kiweikoo on May 08, 2019, 06:48:17 AM

Quote from: ubuygold on May 07, 2019, 05:33:52 AM

Quote from: shoreno on May 07, 2019, 01:07:35 AM

yes of course . ive always wanted this to happen because im a fan of lottery and i always buy lottery tickets locally but sometimes im lazy or im buzy and i dont have the urge to travel on the city but if ever there was an online lottery shop i will prefer to buy it that way and it much better if they will also support other lighter cryptos aside from bitcoin because bitcoin was too bulky .

Thank you for your support!
We support Ethereum and some other stablecoins base on erc20 like GUSD, USDC and so on. We have a plan to remove the bitcoin payments method for the same reason you said, it's too bulky.

That is purely the reason why I never gave it a second though if I need to use Bitcoin to participate in lottery. It is no doubt too bulky and I think it felt because you would not have gotten so many users with Bitcoin for buying lottery online. Using these light coins like Eth and USDC is good way to attract participants. Lottery is a quick luck you know. You can win it and can have big money and you can loose it and would not loose big. Good luck guys.

Bitcoin shouldnt really be removed and i dont know why its being said that bitcoin is too bulky? People would always prefer bitcoin and it isnt really bad to add up alternative ones to add up on the options.

Bitcoin is beneficial for all of us we should continue using it, bitcoin is the future investment which has strong future, those who are saying to remove bitcoin will be sad when other coins will not give more profit as bitcoin gives, I don’t consider any other coin better than bitcoin, we should always keep bitcoin a part of our investment.

milewilda

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Quote from: Kiweikoo on May 08, 2019, 06:48:17 AM

Quote from: ubuygold on May 07, 2019, 05:33:52 AM

Quote from: shoreno on May 07, 2019, 01:07:35 AM

yes of course . ive always wanted this to happen because im a fan of lottery and i always buy lottery tickets locally but sometimes im lazy or im buzy and i dont have the urge to travel on the city but if ever there was an online lottery shop i will prefer to buy it that way and it much better if they will also support other lighter cryptos aside from bitcoin because bitcoin was too bulky .

Thank you for your support!
We support Ethereum and some other stablecoins base on erc20 like GUSD, USDC and so on. We have a plan to remove the bitcoin payments method for the same reason you said, it's too bulky.

That is purely the reason why I never gave it a second though if I need to use Bitcoin to participate in lottery. It is no doubt too bulky and I think it felt because you would not have gotten so many users with Bitcoin for buying lottery online. Using these light coins like Eth and USDC is good way to attract participants. Lottery is a quick luck you know. You can win it and can have big money and you can loose it and would not loose big. Good luck guys.

Bitcoin shouldnt really be removed and i dont know why its being said that bitcoin is too bulky? People would always prefer bitcoin and it isnt really bad to add up alternative ones to add up on the options.

Kiweikoo

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Quote from: ubuygold on May 07, 2019, 05:33:52 AM

Quote from: shoreno on May 07, 2019, 01:07:35 AM

yes of course . ive always wanted this to happen because im a fan of lottery and i always buy lottery tickets locally but sometimes im lazy or im buzy and i dont have the urge to travel on the city but if ever there was an online lottery shop i will prefer to buy it that way and it much better if they will also support other lighter cryptos aside from bitcoin because bitcoin was too bulky .

Thank you for your support!
We support Ethereum and some other stablecoins base on erc20 like GUSD, USDC and so on. We have a plan to remove the bitcoin payments method for the same reason you said, it's too bulky.

That is purely the reason why I never gave it a second though if I need to use Bitcoin to participate in lottery. It is no doubt too bulky and I think it felt because you would not have gotten so many users with Bitcoin for buying lottery online. Using these light coins like Eth and USDC is good way to attract participants. Lottery is a quick luck you know. You can win it and can have big money and you can loose it and would not loose big. Good luck guys.

imstillthebest

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Quote from: sweetbet on May 07, 2019, 08:21:31 PM

No way, because if the 0.002 BTC that I spend today ends up being worth $100 next week, next month or next year, I'd be very upset.

Not next week or next month because your 0.002 is only too little even if the price increase or pumps a bit but next year or two , there is a possibility that your 0.002 could already worth 100 usd . in the meantime if you think your bitcoins is too valueable for you then why cant you just use other cryptos to be able to buy lottery tickets ? But there is still a few problem that you can face . what if the site only accepts btc ? And what if there are no sites yet that sell lottery tickets for crypto payment ?

eann014

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Quote from: ubuygold on May 05, 2019, 02:19:35 AM

Hi, I’m Karolus and interested in lottery and blockchain.

I am now planning to make a lottery purchase platform where you can buy lottery in bitcoin.

It's not another lottery program, we'll buy a lottery ticket in a physical store if you order online. And 70% of the processing fee(about 10% - 25%) will be taken for customer's order or referral as a rebate.

I’m doing a survey now. If you have the same points of interest with me, fill the form down below.

https://forms.gle/wEqK5oqrzTDYeFbQ8

You can visit our site https://spot.games.

You can subscribe us https://mailchi.mp/d5efde969427/spotgamessubcribe if you are interested in my project.

My telegram account is https://t.me/karolusM, feel free to contact me and give me advice.

You can also reply to me here.

Thank you anyway.

Maybe you can tell us what kind of lottery you are about to say here and you are actually advertising your site but maybe it can be click to everybody since this is also a gambling game and convenient to play or buy online with bitcoin. Try also to do your survey with other social media apps, maybe it can help you a lot.

sweetbet

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SweetBet.com

No way, because if the 0.002 BTC that I spend today ends up being worth $100 next week, next month or next year, I'd be very upset.

Vaculin

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Winding down.

Quote from: dunfida on May 07, 2019, 02:21:37 PM

Quote from: ubuygold on May 05, 2019, 03:06:50 AM

Quote from: talkbitcoin on May 05, 2019, 02:52:46 AM

Quote from: ubuygold on May 05, 2019, 02:43:22 AM

It is not like other lottery programs, we'll buy a lottery ticket in a physical store after you placing an order and then give your money back via blockchain if you winning a reward.

anybody can go out and buy a lottery ticket for themselves with their own money without needing a third party to do it for them. also without the risk of involving another person in it! then if they won the lottery they can simply buy bitcoin with the reward if they choose to!
so what is the point of your service?

Thank you for your reply!
You cannot buy lotteries from other country or region. In fact, there are some third-party sites doing the same thing like us, but they usually have a high processing fee(and they won't tell you that). So I'm planning to make it cheaper by blockchain.

I have seen some 3rd party who do offer such service.I would like to say that this is indeed good yet people across countries will able to purchase tickets on other countries
but i doubt that these lottery based things arent really that much of high interest here on this forum or crypto itself.We would just basically bet on our local lottery and save up our own cryptos
on our pockets.

Same with you.Although it's more convenient to purchase online but we can't avoid to think the negative side about it.I would still prefer to buy from our local lottery and spend my fiat for that.For now,cryptos is still good as my investment so i would not waste time spending it especially that its price is increasing even more.

rodel caling

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Quote from: UmerIdrees on May 05, 2019, 02:22:55 AM

Quote from: ubuygold on May 05, 2019, 02:19:35 AM

Hi, I’m Karolus and interested in lottery and blockchain.

I am now planning to make a lottery purchase platform where you can buy lottery in bitcoin.

So I’m doing a survey now. If you have the same points of interest with me, fill the form down below.

https://forms.gle/wEqK5oqrzTDYeFbQ8

You can also reply to me here.

Thank you anyway.

You are basically advertising your site https://spot.games/ ? Isn't ?
And for your question, there are already many lottery program online where we can participate in it through bitcoin. You need to tell us something speical in your lottery program so that we may be attracted toward it.

Yeah it's obvious op advertising lottery gambling site, I will try to browse thei site later I expect they have pretty different from among the old lottery sites.

Topic: Will you buy lottery online in bitcoin payment? - page 4. (Read 1327 times)