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Topic: YOU REALIZE OR NOT ? - page 5. (Read 2938 times)

hero member
Activity: 896
Merit: 500
March 18, 2017, 11:52:39 PM
#52
Yes I realize that it is now very much gambling with payment tool such as bitcoin and altcoin. In some gambling sites who previously use payment with a credit card is now also started use bitcoin and altcoin as a payment tool. Far as I know this happened because bitcoin payments could keep personal information (anonymous) so that it is more sought many gamblers, it is more safer and does not need to worry about theft of information like a credit card.
hero member
Activity: 840
Merit: 502
March 18, 2017, 10:16:18 PM
#51
hi guys
you realize that lately rampant gambling using a means of payment with bitcoin and alt coin?
or you just enjoy it?
in my mind often arise some questions
have you ever thought the same as I?
and we are all aware that bitcoin is a virtual currency that may be said multi function to perform all types of online payments
Some of the earliest adopter of any technology are always industries where there is a lot of competition and are open to experiment with new technologies so it is not a surprise the gambling industry tried bitcoin and found that their customers like it.
sr. member
Activity: 434
Merit: 250
March 18, 2017, 06:12:39 PM
#50
The reason for why we see so much gambling activities involving bitcoin and altcoins is because they just surpassed all the regulations installed by governments in gambling industry. In the world of fiat gambling you will need a lot of permissions from officials to open a casino, be it real or online, also you will need to present documents as a player. Everything is very regulated and taxed, which leads to increase of expenses for both casino and players and just create a lot of obstacles. Bitcoin casinos made everything really simple for players, you just buy btc, deposit it and start playing. From the player side it's better to play in bitcoin casino, because it's easier, the house edge is much lower but you will lose some protection - there are cases when bitcoin casinos refused to pay its winners and there's no regulators to force them to.
You are right, As you said, This is the main reason when we see gambling activities involving bitcoin and altcoins. It's so easy to gamble with bitcoins. so you are not obligated to upload your documents, verfiying your account and many others restrections that online gambling sites applyed to start gambling.
With online gambling sites, which accepted bitcoin and other altcoins there isn't any obstacle to gamlbers even if you are under 18 years old you can do gambling.
hero member
Activity: 966
Merit: 535
March 18, 2017, 04:28:03 PM
#49
hi guys
you realize that lately rampant gambling using a means of payment with bitcoin and alt coin?
or you just enjoy it?
in my mind often arise some questions
have you ever thought the same as I?
and we are all aware that bitcoin is a virtual currency that may be said multi function to perform all types of online payments

It is easier to use Bitcoin as payment for deposit in a casino, You are not required to used your personal information when registering unlike in casino that doesnt use Bitcoin you have to put your true identity, your Card details in order to deposit and to be able to gamble in their site.

I  agree, before I known Bitcoin , I never have a chance to play in an online casino. One reason is that I do not want to use my cards nor reveal my identity in a gambling site.  Bitcoin solve this problem.  Now I can play whenever I wanted as long as they accept Bitcoin as one of the currency that can be use to play in their casino site.

Bitcoin is also easier to buy then to get credit cards and things. It can protect tou from debt too. You can go into credit debt with a credit card and the bank will charge large interest and the further you go the more you loan. With a bitcoin wallet its not possible. You can only spend what you have so it is much easier to control the spending then on a credit card. The credit card has only one account and that is your bank account. With bitcoin you can make as many accounts as you want through means of wallets so you do not have to risk the temptation of dipping into your entire bank account but rather be limited to the amount within the bitcoin wallet.
sr. member
Activity: 1190
Merit: 253
March 12, 2017, 12:53:58 PM
#48
hi guys
you realize that lately rampant gambling using a means of payment with bitcoin and alt coin?
or you just enjoy it?
in my mind often arise some questions
have you ever thought the same as I?
and we are all aware that bitcoin is a virtual currency that may be said multi function to perform all types of online payments

It is easier to use Bitcoin as payment for deposit in a casino, You are not required to used your personal information when registering unlike in casino that doesnt use Bitcoin you have to put your true identity, your Card details in order to deposit and to be able to gamble in their site.

I  agree, before I known Bitcoin , I never have a chance to play in an online casino. One reason is that I do not want to use my cards nor reveal my identity in a gambling site.  Bitcoin solve this problem.  Now I can play whenever I wanted as long as they accept Bitcoin as one of the currency that can be use to play in their casino site.
hero member
Activity: 1400
Merit: 571
March 12, 2017, 12:27:29 PM
#47
hi guys
you realize that lately rampant gambling using a means of payment with bitcoin and alt coin?
or you just enjoy it?
in my mind often arise some questions
whether it is true that bitcoin was created simply as a means of payment for gambling alone?
or bitcoin created to play forex?
have you ever thought the same as I?

you seriously need to learn more about bitcoin first. i suggest starting to learn by reading the bitcoin whitepaper. bitcoin was created to be a peer to peer currency like any other money but without the centralization. the fact that you only saw the gambling part of it means your world is small, look around and see other usages too.
also about trading i have to say you are half correct on that part. bitcoin is mostly used for trading and profiting these days.

I agreed. Bitcoin can be use in many different ways, not just in gambling, and using bitcoin in gambling is not really a good idea. Most of the bitcoin users are just focusing on earning and saving bitcoin because they know that they could earn profit in the long run by saving and holding it, and sell it or convert it when the right time comes.

Also, using bitcoin in every stuffs that we want to buy is not really worth it, it just mean we are throwing away the profits that we can get to it if we are going to hold it rather than to use it always. If we can buy something using fiat, then, there is no need for us to spend our bitcoin on buying stuffs if is not really necessary.
legendary
Activity: 3024
Merit: 2148
March 12, 2017, 09:08:00 AM
#46
The reason for why we see so much gambling activities involving bitcoin and altcoins is because they just surpassed all the regulations installed by governments in gambling industry. In the world of fiat gambling you will need a lot of permissions from officials to open a casino, be it real or online, also you will need to present documents as a player. Everything is very regulated and taxed, which leads to increase of expenses for both casino and players and just create a lot of obstacles. Bitcoin casinos made everything really simple for players, you just buy btc, deposit it and start playing. From the player side it's better to play in bitcoin casino, because it's easier, the house edge is much lower but you will lose some protection - there are cases when bitcoin casinos refused to pay its winners and there's no regulators to force them to.
hero member
Activity: 2996
Merit: 609
March 12, 2017, 07:41:58 AM
#45
It is easier to use Bitcoin as payment for deposit in a casino, You are not required to used your personal information when registering unlike in casino that doesnt use Bitcoin you have to put your true identity, your Card details in order to deposit and to be able to gamble in their site.
Yes it is because of blockchain transaction. That is why it is easy to use it.  Therefore during hour that is for winning and you cashout the money the blockchain will proceed to become get your money through that kind of transactions.
Bitcoin has brought a lot of changes in the gambling industry and we are seeing more sites coming up offering bitcoin or other alt coin deposits and yes it is more convenient to send the coins without revealing our identity but how about exchanges as none of the exchanges allow you to trade without verifying,they should have made a minimum criteria for avoiding money laundering but why should they need to verify for a couple of hundred dollar transactions.
If we are talking about gambling sites and exchanges they do really differ on the policy since we do know exchanges do really have restrictions speaking of incoming and outgoing of our bitcoins specially on big amounts.Using bitcoin and altcoins on playing gambling does really give us convenience thats why gambling sites are booming because of this one.
hero member
Activity: 1302
Merit: 540
March 12, 2017, 07:29:10 AM
#44
It is easier to use Bitcoin as payment for deposit in a casino, You are not required to used your personal information when registering unlike in casino that doesnt use Bitcoin you have to put your true identity, your Card details in order to deposit and to be able to gamble in their site.
Yes it is because of blockchain transaction. That is why it is easy to use it.  Therefore during hour that is for winning and you cashout the money the blockchain will proceed to become get your money through that kind of transactions.
Bitcoin has brought a lot of changes in the gambling industry and we are seeing more sites coming up offering bitcoin or other alt coin deposits and yes it is more convenient to send the coins without revealing our identity but how about exchanges as none of the exchanges allow you to trade without verifying,they should have made a minimum criteria for avoiding money laundering but why should they need to verify for a couple of hundred dollar transactions.
maybe after casino's exchange will also adopt with easy process transaction, as many bitcoiners enjoying the easy way to play gambling,
so exchange might see and consider the demands of easy it up when doing the trade, if we can also enjoy the same thing just send btc
when you want to trade and withdraw when you are already done.
sr. member
Activity: 350
Merit: 250
March 12, 2017, 07:24:22 AM
#43
It is easier to use Bitcoin as payment for deposit in a casino, You are not required to used your personal information when registering unlike in casino that doesnt use Bitcoin you have to put your true identity, your Card details in order to deposit and to be able to gamble in their site.
Yes it is because of blockchain transaction. That is why it is easy to use it.  Therefore during hour that is for winning and you cashout the money the blockchain will proceed to become get your money through that kind of transactions.
Bitcoin has brought a lot of changes in the gambling industry and we are seeing more sites coming up offering bitcoin or other alt coin deposits and yes it is more convenient to send the coins without revealing our identity but how about exchanges as none of the exchanges allow you to trade without verifying,they should have made a minimum criteria for avoiding money laundering but why should they need to verify for a couple of hundred dollar transactions.
sr. member
Activity: 266
Merit: 250
Yueno
March 12, 2017, 05:27:43 AM
#42
hi guys
you realize that lately rampant gambling using a means of payment with bitcoin and alt coin?
or you just enjoy it?
in my mind often arise some questions
have you ever thought the same as I?
and we are all aware that bitcoin is a virtual currency that may be said multi function to perform all types of online payments

It is easier to use Bitcoin as payment for deposit in a casino, You are not required to used your personal information when registering unlike in casino that doesnt use Bitcoin you have to put your true identity, your Card details in order to deposit and to be able to gamble in their site.

Yes it is because of blockchain transaction. That is why it is easy to use it.  Therefore during hour that is for winning and you cashout the money the blockchain will proceed to become get your money through that kind of transactions.
hero member
Activity: 1134
Merit: 502
March 12, 2017, 04:02:49 AM
#41
hi guys
you realize that lately rampant gambling using a means of payment with bitcoin and alt coin?
or you just enjoy it?
in my mind often arise some questions
have you ever thought the same as I?
and we are all aware that bitcoin is a virtual currency that may be said multi function to perform all types of online payments

It is easier to use Bitcoin as payment for deposit in a casino, You are not required to used your personal information when registering unlike in casino that doesnt use Bitcoin you have to put your true identity, your Card details in order to deposit and to be able to gamble in their site.
hero member
Activity: 2814
Merit: 526
Undeads.com - P2E Runner Game
March 12, 2017, 03:58:19 AM
#40
you realize that lately rampant gambling using a means of payment with bitcoin and alt coin?
or you just enjoy it?
For those countries that banned gambling sites (Flat), Bitcoin is helpful for those gamblers and doesn't take a risk for being detected with Bitcoin's anonymous feature. That's why Online gambling sites often accepts Bitcoin as their payment method over Flat currency.

hero member
Activity: 1092
Merit: 501
March 12, 2017, 03:40:49 AM
#39
hi guys
you realize that lately rampant gambling using a means of payment with bitcoin and alt coin?
or you just enjoy it?
in my mind often arise some questions
have you ever thought the same as I?
and we are all aware that bitcoin is a virtual currency that may be said multi function to perform all types of online payments
Definitely, yes! I realized that. And it is true that bitcoin is a virtual currency, it can be that bitcoin is a big help to any kinds of online gambling sites also gambling was a big helped too into bitcoin in terms of promoting bitcoin  to use it as payment in the gambling. In fact, it is rampant already in online gambling sites.
hero member
Activity: 2954
Merit: 672
Message @Hhampuz if you are looking for a CM!
March 10, 2017, 12:19:54 AM
#38
Gambling industry is very big and with the increasing popularity of online gambling casinos, it will be a big factor to help the progress of bitcoin which I believe there will be an increasing demand due to the fact that mostly we lose in gambling. Altcoins are also in demand especially those popular ones but it is bitcoin whose widely use and due to the good reputation gambling sites are building, it makes gamblers trust them more.
sr. member
Activity: 266
Merit: 250
Yueno
March 10, 2017, 12:13:25 AM
#37
hi guys
you realize that lately rampant gambling using a means of payment with bitcoin and alt coin?
or you just enjoy it?
in my mind often arise some questions
have you ever thought the same as I?
and we are all aware that bitcoin is a virtual currency that may be said multi function to perform all types of online payments
Yes it is, I do realized that too actually. And I know there are lots of gambling right now are rising up in the online industry and gambling operator is connecting their site to bitcoin which is adopting the system of BTC, due to they know how faster the demand of people who are more aggressive to use bitcoin. They also know  that bitcoin can help them to their site of gambling because their no any requirement to be needed even a license to operate.

Yes gambling industry is on the rise because its not easy to win nowadays. The owner is so much greedy in digging our money into his hands. Therefore we will lost in row or twice in a row or thrice in a row. For that matter you can bet as much as you want to predict that you can win but you are not on the winning side you are always on the losing side.
hero member
Activity: 1092
Merit: 500
March 09, 2017, 11:33:36 PM
#36
hi guys
you realize that lately rampant gambling using a means of payment with bitcoin and alt coin?
or you just enjoy it?
in my mind often arise some questions
have you ever thought the same as I?
and we are all aware that bitcoin is a virtual currency that may be said multi function to perform all types of online payments
Yes it is, I do realized that too actually. And I know there are lots of gambling right now are rising up in the online industry and gambling operator is connecting their site to bitcoin which is adopting the system of BTC, due to they know how faster the demand of people who are more aggressive to use bitcoin. They also know  that bitcoin can help them to their site of gambling because their no any requirement to be needed even a license to operate.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
December 29, 2016, 09:51:42 AM
#35
hi guys
you realize that lately rampant gambling using a means of payment with bitcoin and alt coin?
or you just enjoy it?
in my mind often arise some questions
have you ever thought the same as I?
and we are all aware that bitcoin is a virtual currency that may be said multi function to perform all types of online payments

yes i am realize that the gambling is using payment with bitcoin and altcoin and i think i am enjoy with this because i use bitcoin and altcoin especially doge to playing gambling. i thinking the same with you and i agree that bitcoin is a virtual currency that could be use for may types of online payments and i would say this is the other advantages of bitcoin for the bitcoiners.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
December 29, 2016, 09:48:13 AM
#34
Bitcoin didn't get into existence as a digital currency which can be used as a source for gambling, investment or for other transaction needs. Initially got existed as a payment gateway which on gradual development got used for all day to day needs.
hero member
Activity: 756
Merit: 505
December 29, 2016, 09:23:08 AM
#33
Bitcoin was not made for gambling nor forex (or even trading). The main idea back then was to create a digital currency that is decentralized. Where no government or private entity that would control the currency. Gambling and other services that accept bitcoin are just after effects of what bitcoin became.
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