YOU REALIZE OR NOT ? - page 7. | Bitcointalksearch.org

coinplus

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Quote from: damar09 on December 27, 2016, 11:06:11 AM

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?

Once you start using bitcoin payment system other than gambling and forex trading then you will find your own answers.

I do use my bitcoins for refilling my mobile talk time, subscribing many digital services like online magazine and VPN services. Yes, I'm not just using bitcoin for gambling alone.

You to come out of gambling and then you need to realize your self why we are having bitcoin payment system.

Wendigo

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Bitcoin gambling doesn't require the submission of identity documents to get paid your winnings.
Fiat gambling requires the submission of identity documents to get paid your winnings.
Bitcoin is popular among underage gamblers or unbanked people from 3rd world countries.
Bitcoin has more utility depending on where in the world you live.

For everything else there is a master card Grin

adi33

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The proliferation of gambling sites use it because bitcoin bitcoin easily be used to transfer and accept without any need requirement. perhaps this is one reason why the current growing gambling sites.

Oilacris

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Quote from: Herbert2020 on December 28, 2016, 02:27:35 AM

Quote from: damar09 on December 27, 2016, 11:06:11 AM

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.

True,OP should really read about more on bitcoin and as you said Bitcoin is created for peer to peer transaction without any 3rd party involved as stated on the whitepaper.Bitcoin could really be used on anything regarding on online and we could able to see that its being used on gambling and trading etc. If you could able to know the potential of bitcoin on online transactions you could really appreciate bitcoin.

ralle14

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Quote from: damar09 on December 27, 2016, 11:06:11 AM

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?

No. There's a lot of things you can do with bitcoin rather than gambling and trading its like fiat but with much more ease(like what others said). You just spend too much time in gambling and trading thinking these are the only purpose of bitcoin. Go explore the other sections of the forum to discover more.

BlockEye

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Bounty Mngr & Article Writer https://goo.gl/p4Agsh

Quote from: absy on December 28, 2016, 02:48:19 AM

Obviously when Nakamoto invented BTC he wouldn't have created it with sole intention of gambling or trading . He created it to eliminate bank fees or the middle man ( I believe ) and then people started making use of BTC in their own way making use of its anonymity and other features .

i think his main focus to dodge tax evasion case or money laundering because identity is anonymous when using the btc. But as of now, the majority of usage of bitcoin is gambling and trading because it is easy to transfer with less transaction fee. Less worry also about the tax. Bitcoin is perfect for those rich people that always avoiding tax.

absy

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★Bitvest.io★ Play Plinko or Invest!

Obviously when Nakamoto invented BTC he wouldn't have created it with sole intention of gambling or trading . He created it to eliminate bank fees or the middle man ( I believe ) and then people started making use of BTC in their own way making use of its anonymity and other features .

sunsilk

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Quote from: damar09 on December 27, 2016, 11:06:11 AM

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?

If you are thinking that way, you got to do some more research about that. Bitcoin is simply the same thing as fiat. It can be use for everything we want.

Just like, purchasing of goods and services. It can be use for trading / forex or even in gambling. If you think that bitcoin is just for those things.

Think again if fiat is just for paying our bills.

Herbert2020

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Quote from: damar09 on December 27, 2016, 11:06:11 AM

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.

bering

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Leading Crypto Sports Betting & Casino Platform

Quote from: damar09 on December 27, 2016, 11:06:11 AM

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?

indeed yes currently plenty gambling sites who accepting bitcoin are very popular and i think in the next several years bitcoin gambling sites will dominate gambling world but i don't think bitcoin was created for gambling alone and the cause people liked gambling using bitcoin is because bitcoin offering feature which doesn't have from another currency and that feature is anonymity

Rahar02

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I realized that but never thought so far about it, just refraction from the technology which are growing pretty good because the benefits offered by bitcoin suitable for people who get into it.
Bitcoin was revolutionized of how to transact use the money, and it more widely than just for gambling and play forex, only time will reveal another utilizations.

damar09

full member

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★Bitvest.io★ Play Plinko or Invest!

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

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