would you play more on casino when your country plans to ban BTC?

pakhitheboss

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Quote from: Gozie51 on July 16, 2023, 06:12:12 PM

Quote from: Finestream on July 13, 2023, 04:36:10 PM

Quote from: Webetcoins on July 12, 2023, 04:23:39 AM

So personally, I would never gamble all my Bitcoins just because my government has banned Bitcoin but I would hold them in a non-custodial wallet and keep them for as long as I can because maybe some day in the future, I get to use them somewhere that might benefit me in some way.

There is no sense in gambling all the funds inside our wallets just because the government are planning to ban bitcoin and the use of other cryptocurrency, if that is what the people are thinking, I don't doubt why they are losing frequently because they have that kind of mindset. We always have a choice even though our own government is banning the existence of bitcoin, we can still go back to the basic and gamble like nothing happened.

I believe those who just gamble all their bitcoin for the fear of government banning it in their country are all ignorant of how to store or save it for the future because if a current government ban it, succeeding government can change the ban and you start enjoying the increased btc value because the price will not be stable from what it is then .

Indeed, those individuals do not have any idea as to how to hold on to thier Bitcoin. Infact it isn't possible for the government to ban Bitcoin. To ban it you would need to ban the internet, which is a highly unlikely scenario. Considering without the internet is part of day to day life in the 21st century.

acener

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If my country would ban BTC or crypto gambling sites then I guess I would rather stop gambling than to go on casino,
And there are other online gambling sites right now some of the gambling sites that I saw are really similar or just a copy of crypto games that I usually play when gambling.
I don't want to gamble with those kind of sites or apps and I don't feel like gambling on casino either so if crypto gambling platforms would be ban from my country then I would just quit.

Issa56

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Quote from: darkangel11 on July 10, 2023, 10:39:29 AM

Accumulate? Gambling can lead to reduction of your funds as well, so I wouldn't use gambling as a way to earn more bitcoin. It should be fun, or a social event. It shouldn't be seen as a way of making money, unless you're on a tournament level.

Gambling is really risky, if you are not careful you can easily lose everything you are having in gambling, but some people do take gambling as another way to make money which is wrong, am not saying anybody can’t make money from gambling, we all can make money but when gambling, their is no assurance that you are going to make money that’s why we all shouldn’t deposit money in gambling and have intention to grow the money, if you are not careful the money might end up reducing in price. Gambling should be don for fun incase if you win, you take your win and if you lose, then you will accept your faith, that’s why we should be able to control ourselves when gambling.

Quote from: darkangel11 on July 10, 2023, 10:39:29 AM

I'd probably keep all of my money on hardware wallets and either move somewhere else, or wait for them to rethink it.

The best thing is just to move money to hardware wallet, even if government ban crypto, they won’t even know you are holding any coin and you can peacefully hold it. Every government that’s against bitcoin currently won’t have choice than to support it later in the future, so sooner or later, all government will have to adopt bitcoin, they can’t keep on running away from the thought.

romero121

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Quote from: kamvreto on July 16, 2023, 06:31:54 PM

Quote from: Gozie51 on July 16, 2023, 06:12:12 PM

Quote from: Finestream on July 13, 2023, 04:36:10 PM

Quote from: Webetcoins on July 12, 2023, 04:23:39 AM

So personally, I would never gamble all my Bitcoins just because my government has banned Bitcoin but I would hold them in a non-custodial wallet and keep them for as long as I can because maybe some day in the future, I get to use them somewhere that might benefit me in some way.

There is no sense in gambling all the funds inside our wallets just because the government are planning to ban bitcoin and the use of other cryptocurrency, if that is what the people are thinking, I don't doubt why they are losing frequently because they have that kind of mindset. We always have a choice even though our own government is banning the existence of bitcoin, we can still go back to the basic and gamble like nothing happened.

I believe those who just gamble all their bitcoin for the fear of government banning it in their country are all ignorant of how to store or save it for the future because if a current government ban it, succeeding government can change the ban and you start enjoying the increased btc value because the price will not be stable from what it is then .

They must learn how to properly store bitcoins and not be bothered by the government. The use of a hardware wallet is the most secure storage without third parties and you alone have full control. Those who sell bitcoins out of fear that bitcoin regulations ban bitcoin entirely will certainly not have a future advantage when those regulations change. just need to see and wait how bitcoin will be received in the future without strict regulation.

The government that announce ban on bitcoin will lift the ban in another two weeks, months or years. This is happening with different countries, so it is always good to secure it. Someday we'll get access to make use of it. Just because usage is banned we shouldn't focus into gambling which is wrong, because we'll play with a mentality of losing. There are incidents in which people have travelled to nearby countries to make use of their holdings fearing their country's legality on bitcoin usage.

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Quote from: Gozie51 on July 16, 2023, 06:12:12 PM

Quote from: Finestream on July 13, 2023, 04:36:10 PM

Quote from: Webetcoins on July 12, 2023, 04:23:39 AM

So personally, I would never gamble all my Bitcoins just because my government has banned Bitcoin but I would hold them in a non-custodial wallet and keep them for as long as I can because maybe some day in the future, I get to use them somewhere that might benefit me in some way.

There is no sense in gambling all the funds inside our wallets just because the government are planning to ban bitcoin and the use of other cryptocurrency, if that is what the people are thinking, I don't doubt why they are losing frequently because they have that kind of mindset. We always have a choice even though our own government is banning the existence of bitcoin, we can still go back to the basic and gamble like nothing happened.

I believe those who just gamble all their bitcoin for the fear of government banning it in their country are all ignorant of how to store or save it for the future because if a current government ban it, succeeding government can change the ban and you start enjoying the increased btc value because the price will not be stable from what it is then .

You can't really blame them or judge them. What if that's really their plans on how they'd use their coins? I think that's okay so long as they're seeing a use for bitcoin or crypto for that matter. Not every crypto that you hold would serve as your retirement plan, or something that will give you profits in the near future. Some are buying crypto for the sole purpose of gambling and that's okay. Even I will do it if I have the financial capability to waste a lot of money and just gamble all day, as more crypto casinos are way generous compared to their traditional counterparts.

kamvreto

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Quote from: Gozie51 on July 16, 2023, 06:12:12 PM

Quote from: Finestream on July 13, 2023, 04:36:10 PM

Quote from: Webetcoins on July 12, 2023, 04:23:39 AM

So personally, I would never gamble all my Bitcoins just because my government has banned Bitcoin but I would hold them in a non-custodial wallet and keep them for as long as I can because maybe some day in the future, I get to use them somewhere that might benefit me in some way.

There is no sense in gambling all the funds inside our wallets just because the government are planning to ban bitcoin and the use of other cryptocurrency, if that is what the people are thinking, I don't doubt why they are losing frequently because they have that kind of mindset. We always have a choice even though our own government is banning the existence of bitcoin, we can still go back to the basic and gamble like nothing happened.

I believe those who just gamble all their bitcoin for the fear of government banning it in their country are all ignorant of how to store or save it for the future because if a current government ban it, succeeding government can change the ban and you start enjoying the increased btc value because the price will not be stable from what it is then .

They must learn how to properly store bitcoins and not be bothered by the government. The use of a hardware wallet is the most secure storage without third parties and you alone have full control. Those who sell bitcoins out of fear that bitcoin regulations ban bitcoin entirely will certainly not have a future advantage when those regulations change. just need to see and wait how bitcoin will be received in the future without strict regulation.

milewilda

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Quote from: Japinat on July 16, 2023, 05:50:35 PM

Quote from: klidex on July 13, 2023, 05:44:20 PM

Quote from: Finestream on July 13, 2023, 04:36:10 PM

Quote from: Webetcoins on July 12, 2023, 04:23:39 AM

So personally, I would never gamble all my Bitcoins just because my government has banned Bitcoin but I would hold them in a non-custodial wallet and keep them for as long as I can because maybe some day in the future, I get to use them somewhere that might benefit me in some way.

There is no sense in gambling all the funds inside our wallets just because the government are planning to ban bitcoin and the use of other cryptocurrency, if that is what the people are thinking, I don't doubt why they are losing frequently because they have that kind of mindset. We always have a choice even though our own government is banning the existence of bitcoin, we can still go back to the basic and gamble like nothing happened.

Such a mindset is indeed very bad for spending the entire contents of the wallet because of something that makes gamblers unable to control themselves and even though even if the government bans bitcoin or crypto there are still other ways to keep gambling responsibly as discussed by some people here by moving to gambling use fiats.
Maybe it's not as interesting as betting using bitcoin but at least you can still continue gambling but don't have to use large amounts.

No doubt why they are feeling unlucky because they are treating the government's move to ban the bitcoin as if it's already the end of the world where they feel the urge to pour all their remaining resources in one go while they can still play because in the following days and months, all of it will change.

What they don't see is the other side, where there are still plenty of things to do from those remaining coins they have. But since they are a gambler and just thinking about their habits, I see why they have a poor decision making.

On the time that you do see that government is really having those kind of restrictions already then why would really be trying out to force on playing if you do see that its being banned on your country?
In this case then you would really be avoiding on playing for you to have that trying to avoid trouble and consequences on which it is really that a normal approach. This is on the time that you would really be considering
on playing on online casinos which it is really that hard to be traced up and this is why users would easily be playing out gambling without being traced or being caught. There are lots of various ways for someone to be able to play specially online. If fiat casinos online had been banned then you could easily switch up on crypto based ones on which you could really be having an options. In overall, banning would be useless
and in todays accessibility then it would really be that so easy to bypass out these kind of restrictions if ever this one would be pushed through.

Gozie51

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Quote from: Finestream on July 13, 2023, 04:36:10 PM

Quote from: Webetcoins on July 12, 2023, 04:23:39 AM

So personally, I would never gamble all my Bitcoins just because my government has banned Bitcoin but I would hold them in a non-custodial wallet and keep them for as long as I can because maybe some day in the future, I get to use them somewhere that might benefit me in some way.

There is no sense in gambling all the funds inside our wallets just because the government are planning to ban bitcoin and the use of other cryptocurrency, if that is what the people are thinking, I don't doubt why they are losing frequently because they have that kind of mindset. We always have a choice even though our own government is banning the existence of bitcoin, we can still go back to the basic and gamble like nothing happened.

I believe those who just gamble all their bitcoin for the fear of government banning it in their country are all ignorant of how to store or save it for the future because if a current government ban it, succeeding government can change the ban and you start enjoying the increased btc value because the price will not be stable from what it is then .

Japinat

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Quote from: klidex on July 13, 2023, 05:44:20 PM

Quote from: Finestream on July 13, 2023, 04:36:10 PM

Quote from: Webetcoins on July 12, 2023, 04:23:39 AM

So personally, I would never gamble all my Bitcoins just because my government has banned Bitcoin but I would hold them in a non-custodial wallet and keep them for as long as I can because maybe some day in the future, I get to use them somewhere that might benefit me in some way.

There is no sense in gambling all the funds inside our wallets just because the government are planning to ban bitcoin and the use of other cryptocurrency, if that is what the people are thinking, I don't doubt why they are losing frequently because they have that kind of mindset. We always have a choice even though our own government is banning the existence of bitcoin, we can still go back to the basic and gamble like nothing happened.

Such a mindset is indeed very bad for spending the entire contents of the wallet because of something that makes gamblers unable to control themselves and even though even if the government bans bitcoin or crypto there are still other ways to keep gambling responsibly as discussed by some people here by moving to gambling use fiats.
Maybe it's not as interesting as betting using bitcoin but at least you can still continue gambling but don't have to use large amounts.

No doubt why they are feeling unlucky because they are treating the government's move to ban the bitcoin as if it's already the end of the world where they feel the urge to pour all their remaining resources in one go while they can still play because in the following days and months, all of it will change.

What they don't see is the other side, where there are still plenty of things to do from those remaining coins they have. But since they are a gambler and just thinking about their habits, I see why they have a poor decision making.

klidex

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Quote from: Finestream on July 13, 2023, 04:36:10 PM

Quote from: Webetcoins on July 12, 2023, 04:23:39 AM

So personally, I would never gamble all my Bitcoins just because my government has banned Bitcoin but I would hold them in a non-custodial wallet and keep them for as long as I can because maybe some day in the future, I get to use them somewhere that might benefit me in some way.

There is no sense in gambling all the funds inside our wallets just because the government are planning to ban bitcoin and the use of other cryptocurrency, if that is what the people are thinking, I don't doubt why they are losing frequently because they have that kind of mindset. We always have a choice even though our own government is banning the existence of bitcoin, we can still go back to the basic and gamble like nothing happened.

Such a mindset is indeed very bad for spending the entire contents of the wallet because of something that makes gamblers unable to control themselves and even though even if the government bans bitcoin or crypto there are still other ways to keep gambling responsibly as discussed by some people here by moving to gambling use fiats.
Maybe it's not as interesting as betting using bitcoin but at least you can still continue gambling but don't have to use large amounts.

Finestream

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Quote from: Webetcoins on July 12, 2023, 04:23:39 AM

So personally, I would never gamble all my Bitcoins just because my government has banned Bitcoin but I would hold them in a non-custodial wallet and keep them for as long as I can because maybe some day in the future, I get to use them somewhere that might benefit me in some way.

There is no sense in gambling all the funds inside our wallets just because the government are planning to ban bitcoin and the use of other cryptocurrency, if that is what the people are thinking, I don't doubt why they are losing frequently because they have that kind of mindset. We always have a choice even though our own government is banning the existence of bitcoin, we can still go back to the basic and gamble like nothing happened.

livingfree

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Quote from: electronicash on July 13, 2023, 11:10:33 AM

i was just thinking of playing it all win or lose just gamble it all after all the government may impose penalties on those holders if caught. maybe one could agree to the thought.

I wouldn't do that.

You can easily keep bitcoin on your hardware wallet or with a desktop wallet while keeping the private keys/seeds of it written unknown by the government.

If you've got some extra money to flee and go outside the country so that you can sell those Bitcoins and have it back again in your country, that's a better thing to do.

But anyway, if you think that it's best to just gamble and lose your precious bitcoins because the government is about to ban it. That's your choice.

letteredhub

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It would be so unwise to expend my money on gambling as an alternative just because the government propose to ban crypto operations in the country. It's an incontrovertible fact that reasons as this is what makes non-custodial wallets of a necessity that I can push a good amount of my funds to my wallet and hodl as long as necessary stead of lavishing it on gambling under the idea of doubling it. Only a little amount I can leave for my gambling just to keep up with the little fun I derive from gambling same time trying to make a win.

maydna

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Quote from: electronicash on July 13, 2023, 11:10:33 AM

Quote from: maydna on July 13, 2023, 10:52:45 AM

~snip~

or will accuse them of breaking TOS eg using VPN. this always ends up a zucker for the casino player when they lose while using VPN its just fine but winning big will bring issues to their account. we have seen accusations before and most of the time casino wins.

i was just thinking of playing it all win or lose just gamble it all after all the government may impose penalties on those holders if caught. maybe one could agree to the thought.

Yes, it would be easy for casinos to accuse their members of violating the TOS and impose penalties such as temporarily blocking their accounts or not being able to withdraw their money within a certain period. Perhaps playing everything to win or lose is doable as long as we can accept what will happen after we use the money. But most people will not be able to accept the result if it is a loss and start accusing the casino of cheating when they are the ones who are cheating.

electronicash

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Quote from: maydna on July 13, 2023, 10:52:45 AM

Quote from: Plaguedeath on July 12, 2023, 08:48:08 AM

Quote from: maydna on July 12, 2023, 08:42:35 AM

~snip~

That's true, but I don't think the government or even the casino care with small gamblers who broke their rules.

For the casino side, they might still allow gambler to use VPN even though they've stated in their TOS for not using VPN during gambling. But as long as the gambler is losing money, it will make the casino get benefit.

While the government, catching someone need to process many thing, if it's small gamblers, they will not get any benefit since they can't bribe the police.

The government or the casinos don't care about small gamblers because the small gamblers don't win much money. And even if the little gambler won some money, it wouldn't be as much as the other gamblers. So the casinos don't pay much attention to the little gamblers, but if one day they manage to win big money, the casinos will start checking their accounts to see if there is any suspicion that they are cheating.

And when gamblers start to win big money using VPNs, casinos can ask them for proof by starting to ask them to do KYC. This will be a problem for gamblers because some of them cannot do KYC or even refuse it.

or will accuse them of breaking TOS eg using VPN. this always ends up a zucker for the casino player when they lose while using VPN its just fine but winning big will bring issues to their account. we have seen accusations before and most of the time casino wins.

i was just thinking of playing it all win or lose just gamble it all after all the government may impose penalties on those holders if caught. maybe one could agree to the thought.

maydna

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Quote from: Plaguedeath on July 12, 2023, 08:48:08 AM

Quote from: maydna on July 12, 2023, 08:42:35 AM

~snip~

That's true, but I don't think the government or even the casino care with small gamblers who broke their rules.

For the casino side, they might still allow gambler to use VPN even though they've stated in their TOS for not using VPN during gambling. But as long as the gambler is losing money, it will make the casino get benefit.

While the government, catching someone need to process many thing, if it's small gamblers, they will not get any benefit since they can't bribe the police.

The government or the casinos don't care about small gamblers because the small gamblers don't win much money. And even if the little gambler won some money, it wouldn't be as much as the other gamblers. So the casinos don't pay much attention to the little gamblers, but if one day they manage to win big money, the casinos will start checking their accounts to see if there is any suspicion that they are cheating.

And when gamblers start to win big money using VPNs, casinos can ask them for proof by starting to ask them to do KYC. This will be a problem for gamblers because some of them cannot do KYC or even refuse it.

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Quote from: maydna on July 12, 2023, 08:42:35 AM

Many people nowadays like to play online gambling because they can hide their identity, especially if they play gambling using crypto. After all, that means they can play gambling anonymously. If the government prohibits gambling for its citizens, you better not violate it because they can track down their citizens who often gamble. And even though you can use a VPN, the government can still find out, but now many casinos prohibit VPNs, so you must be careful if you plan to use a VPN. Maybe you should be able to find a casino that still allows its users to use a VPN, so you shouldn't have a problem unless your government tries hard to find its gambling citizens.

That's true, but I don't think the government or even the casino care with small gamblers who broke their rules.

For the casino side, they might still allow gambler to use VPN even though they've stated in their TOS for not using VPN during gambling. But as long as the gambler is losing money, it will make the casino get benefit.

While the government, catching someone need to process many thing, if it's small gamblers, they will not get any benefit since they can't bribe the police.

maydna

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Quote from: Mahanton on July 11, 2023, 06:46:29 PM

Im not really that much of a gambler but i do have some experience on playing on a casino but only on a certain amount but that only happened once because i dont really like the ambiance or simply that im just
Claustrophobic type of person who doesnt really like on joining or seeing lots of people on an enclosed space. This is why i do much prefer on playing online and if ever the country would be deciding that they would really be banning out gambling then you could always be having the option.If ever they would ban online gambling then you could make use of VPN, if they would tend to ban physical then you can simply go with online.
This is why its not really that something that could totally be able to ban out if ever the government would really be planning on doing so. Play according into things which you do know on whats good and whats bad for you.

Many people nowadays like to play online gambling because they can hide their identity, especially if they play gambling using crypto. After all, that means they can play gambling anonymously. If the government prohibits gambling for its citizens, you better not violate it because they can track down their citizens who often gamble. And even though you can use a VPN, the government can still find out, but now many casinos prohibit VPNs, so you must be careful if you plan to use a VPN. Maybe you should be able to find a casino that still allows its users to use a VPN, so you shouldn't have a problem unless your government tries hard to find its gambling citizens.

Webetcoins

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Quote from: Japinat on July 10, 2023, 02:34:20 AM

Personally, it will change nothing because I have been gambling casually through online and land casino (depends on my mood) even before I met bitcoin. It's just that cryptocurrency gave me a whole lot of options when I'm betting towards online casinos, especially during Covid-19 as I have no other things to do at that time aside from my job that changed to a "work from home setting". So, if my government will ban btc, I will always go back to the use of fiat.

That's exactly how it should be, or even if someone can't use fiat for gambling as there might not be land-based casinos available around them, they can simply just use the same amount of Bitcoins that they used to use before their government had banned Bitcoin or cryptocurrencies, I see no sense in gambling all your Bitcoins away only because of a ban, one can always keep them somewhere safe and use them later in their life when the ban might be left or you might be in another country.

So personally, I would never gamble all my Bitcoins just because my government has banned Bitcoin but I would hold them in a non-custodial wallet and keep them for as long as I can because maybe some day in the future, I get to use them somewhere that might benefit me in some way.

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Quote from: pakhitheboss on July 10, 2023, 02:14:42 AM

Why would anyone play more on a Bitcoin casino when the law of the land is planning to ban Bitcoin? In such a situation, it is better to keep holding them in a non-custodial wallet until the government changes the decision or you find another way to continue gambling. I do not agree with going against the law as if caught it will cause serious repercussions to you and your family. If you still want to gamble then use local fiat on an online casino to feed your addiction. I would not want to take in stupid risk and destroy my present, I will always find alternate ways to continue with what I was doing before the ban.

I'm not a lawyer, but I believe that bitcoin is a currency, so if a government bans bitcoin in your country, then that means that people in that country can't keep withdrawing bitcoin to their country, and they can't put money in the country either. bank to buy bitcoin, but that's only if it's a bank in that country, but people from that country can use their bitcoin to play in the casino, that's because the government hasn't banned online casinos and online casinos are in another jurisdiction, so there's no problem for people from the country that banned bitcoin to play in casinos using their bitcoins

Another very important thing is that, most of the time, this attitude of banning bitcoin in a country is something ridiculous, because those countries that have this behavior belong to ruling regimes, so people from those countries will not comply with such a meaningless measure, it would make sense if the government was banning something that harms people, but bitcoin does not harm anyone, so this type of measure makes no sense. if someone asked such governments: how many people in your country has bitcoin harmed? I guarantee the people in the government don't know

Topic: would you play more on casino when your country plans to ban BTC? (Read 981 times)