Bitcoin Forum

So i have a serious question about Bitcoins...

First a little bit of my self, I work in the online casino industry since 5 years ago, and last year and the beggining of this year i have find out something incredible - The new ctrypto casinos.

Last month i counted 14 new Casinos that offer their players to play with Bitcoins, and hear it becomes popular among the players. faster payouts, potential higher winnings, and more games. If the traditional casino players start to buy bitcoins, i assume that is good for the Bitcoin market?

Do you think that the online casino industry can help bitcoins to rise more among the mainstream audience? Please come with feedback.

well, online gambling is one of the many use cases of bitcoin, and any real use case for bitcoin that has some people interested in it will help bitcoin rise as its adoption grows.
but i don't think this is any major effect compared to everything else. the number of online gamblers who use bitcoin is not that big compared to every other use case.
and don't forget that people are not usually so excited about "spending" their precious bitcoins let alone wasting them on gambling.

Sex, drugs and gambling is what Bitcoin was all about and many people that hold BTC are harden gamblers
anyway but when fees went sky high on Bitcoin mining fees then I would guess that many on-line gambling
sites were forced to jump ship to other alt-coins

Loyalty towards Bitcoin was destroyed over night by the greedy miners and I am not sure if it will ever recover myself
but we will see.

If gamblers will buy on the spot base on the market and base from where are casino are buying then I think it will really help a little bit,we know there are alot of gamblers but not as many as bitcoin trader/hoarder of bitcoin on the market now.So it may help but not that big

Bitcoin and general cryptocurrency casino's are nothing new, of course and they could boost Bitcoin by the increased usage that will come along. Many people opt for this kind of gambling due to it being anonymous and requiring no personal information, such as bank accounts and so on. Quite a few of these casinos also accept Altcoins, such as Ethereum or Dogecoin.

It can certainly make bitcoins more popular. I do not have much experience with casinos but I have heard that they do a lot of business. If that money is spent in bitcoins it will certainly help the prices grow. Another advantage is that since bitcoin is the payment option in these casinos, some people might get introduced to this concept through it. This is why I always advocate the use of bitcoins for selling an buying different items like electronic gadgets or even real estate.

Online casinos accept any money. I'm not sure that they are able to popularize bitcoin. I do not like gambling so my opinion is that all users lose their money there. How can they distribute bitcoin if all their coins stay in the casino? The popularity of bitcoin will grow when people exchange bitcoins among themselves and make purchases for bitcoins in stores.

In this case, I believe that not only online casinos can promote the development of bitcoin, but all institutions that accept it as a payment tool.

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Bitcoin casinos aren't new, they have existed for years already; as they can take advantage of bitcoin being pseudo-anonymous, meaning that most(if not all) bitcoin gambling sites doesn't need to require KYC because of that; only a username and a password(e.g. nitrogensports[1]).

They surely can help bitcoin gain publicity, but the publicity we're going to get out of the casino/gambling sites aren't necessarily good publicity; but hopefully bitcoin wouldn't just be used for only that specific purpose(and for illegal transactions).

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[1] https://nitrogensports.eu/

yes lets hope so and I really believe we will see more of this during 2018. 

Are expecting more casinos comes to the crypto market. They does not promote anything about bitcoin. Most of the gambling goes to gather a investor for their gambling site and take the income from that.
If they comes more in number they may propose the campaigning here to promote them but that will happen when the project owners are looking for long life and standard gambling site.

Yes, they helped in the beginning but I hope popularity and mass adoption come with lightning network and many companies accepting bitcoin, it will be a better publicity than casino gambling, people buying drugs, and escorts accepting bitcoin.

I've joined several campaigns like casinos or betting like gambling. but until now I have not seen everything run smoothly after ico is done. I think this should be real if creating a casino project.

Bitcoin is good solution for gambling. In nowadays fees is low too and time of confirmation low too.
I think gambling industry help Bitcoin and price will be rise, also will get more users using bitcoin

Yes true even  istarted with faucet which was giving free bitcoin eventually it made me to play faucets then addicted for some time . There is lots of proven casino's are available some are Bitdice , Betking , FreeBit.co.in . See the recent ICO strategy more money invested into online gaming and gambling industry.

My opinion, the online casino industry can not help be bitcoin

I am playing online casino for some time now. I think they are helping each other. There are a lot of reputable and trusted online casino that accepts bitcoin. It helps the casino because some of the gamblers don't want to go trough some registration. Just put up your btc add and send a bitcoin.
It gives casino users easier access to play games.

Casino are helping bitcoin, because players will most likely use bitcoin and people will buy bitcoin to play with.

of course it can be very helpful considering the casino enthusiasts are very large and for example bitcoin to be a tool for betting in the casino, then it can really help bitcoin. in this case of course bitcoin demands will be more and more because those who want to bet in the casino must buy bitcoin first.

Probably any industry that is able to use bitcoin and increase its popularity will increase the value of Bitcoin.  The more industries that use bitcoin the better.

Yes greatly. A lot of the fear surrounding bitcoin is that it might not be viable for any investments or business that are already up. And if an online casino would integrate it, it would surely further the cause of bitcoin being viable and that a lot of users are in it and it can show other investors and business owners how effective business woth bycoin can be and how it can increase their sales or how many people would be joining just by them being able to accept bitcoin as payment and as such it can cause a rippling effect for the people there involved

I agree with you that there are many people who like to gamble, and if Bitcoin is used in the gambling industry, it will help to raise the price of bitcoin.

Online casino industry also useful to Bitcoin hike but it is not a huge pumping in the Bitcoin. The only way is big MNC companies are investing in Bitcoin automatically it will going to moon. Other investments are little bit raise in the market. Many peoples are not interested to invest in gambling it is not safe in any where and few peoples are only investing in online casino industry.

I do not think that the casino will be able to help bitcoin. Here there is a question about two things speaking about bitkoin in a head the benefit and profit, some income of the decent sum is scrolled. A casino - it's just a waste of money and this is the gambling that gives the casino. But more gives loss of money and even property.

But anyway because many people who are addicted to gamble with bitcoin, i think it can make them continue to buying bitcoin for gamble. By continuously they buying bitcoin to gamble.. of course it can make bitcoin price to be higher, and more popular among many people, although it's somewhat less impressed generally among the general public.

But in this case the only winner is the bank / Casino. So it is only worth investing if you are at the side of the banks.

Online casino and other types of gambling shit is always robbing your wallets and I am not sure how they can help grow the economy of the bitcoin. I mean the economy, a healthy one can be achieved if there is always two way transactions between house and player. Mostly in gambling the thing runs on the luck and how easy the algorithm is. We know very well that we always end up loosing in front of the house because that is how it works. If this keeps going on unidirectional then crypto might not circulate properly and the casinos may get their wallets fat and fat all the time. I dont think that is helping the bitcoin in anyway. Im believer of liquid capitals and when the capital get condensed at one place then it disturbs the rest of the market.

Yes, i think, because I saw more gambling ICO now and I think they will help  and support bitcoin community. But it depends, many people now are addicted to the casino so I think if they adopt bitcoin this will be as good idea.

I dont think that online casino industry help bitcoin because most of the players end up lossing and I think  its not fair unlike in the actual casino.Many people lose there bitcoin because of being addict in casino so I dont think it really help the bitcoin industry.

I think yes gamble is so addictive lots of people are going to use bitcoin as payment for gambling, if that happens then lots of gamblers will buy bitcoins and it will help to inflate the bitcoin value. I think the online casino will help but it will not give that huge impact on bitcoin market, not all people are in at the online casino, not all people like gambling but most of the people who gamble at the online casino have very large holdings at bitcoin.

this bitcoin can not help the casino industry because bitcoin investor loses online and loses interest in bitcoin so bitcoin users and investors are overtaken and its price drops and at any time no good will be available gambling.

If the bitcoin will use as the convertion of token or chips in the online casino then it may help to boost the bitcoin price. Since a lot of people are always want to gamble, it has the possibility for the bitcoin to use as the exchange of the chips. And if it will happens, the demand of bitcoin will move up and it will result for the increasing of the bitcoin's price.

Back then there was only mining to gain bitcoin but as for gambling was introduce it became very popular because even if your at home you can play gambling, and the transaction of chips to play are now digital or using bitcoin you can play a bet, And now that many Cryptocurrencies were introduce there are many coins that you would choose and gain it when you win in a bet, It surely pump the value of bitcoin back then because gambling was ever since popular then they apply bitcoin to it, It became a success.

I'm not so sure. At first bitcoin was often related as a currency tied to gambling and illegal activities so that gave it a bad reputation.
After that a lot of efforts has been done for bitcoin to get the status that deserves and for people to see how many other opportunities bitcoin can give. So if you ask me I would say that online casinos are defienetely not the best way how to promote bitcoin and this will not effect it in some significant positive way.

Yes I also knew several projects that involve casino coins. Its online casino wpthat uses their coins to play. After that you can buy their coins in eitheir bitcoin or ethereum. It is the new trends now. I believe this will help bitcoin become more in demand in the industry. Also, rich people will continue to use and invest in bitcoin.

Some of the really big American online casinos have started accepting bitcoin and other cryptocurrencies because the credit card companies tend to block deposits to casinos.

In the early days (2011 - 2013) people gambled quite a lot with bitcoin. These days they hoard their bitcoin and gamble with litecoin or doge as they arn't psychologically afraid to lose those coins.

Yes, some of the biggest "bitcon casinos" is actually bases in US , but also in Scandinavia, Europe, Russia and asia, the start to pop up now.
I know for a fact that the fast payout attract a lot of players from Europe, also some gamblers see a potential in much bigger winnings...This is how one player describe it for me,

- If i win 0.5 BTC today, it can be so much more worth in a couple of months, then if i won the same amount in USD or Euros....

this is how gamblers think:) but this is why i also think that the players will start to play more in crypto casinos 2018.

Yes, it will make cryptos more popular, as there are a lot of players all around the world, so it will definitely work, demand will rise, so it will affect the price.

Not only casino ,many sectors start to accept the bitcoin.So this will impact the price for sure.Do you know KFC,Amazon start to accept the bitcoin as a payment.Now new stone is added to the bitcoin crown.By this the price of bitcoin will reach the huge value.

Well the "partnership" between casino industry and bitcoin is not new, and they definitely work well together. To be honest, since we still don't have many merchants using bitcoin, the only well established bitcoins industries are trading and gambling. They look like a perfect match, and it wouldn't surprise me to see the online gambling industry increasing it's bitcoin offers. Of course that if regulation starts going strong on crypto casinos as well, then it's big advantage vs fiat (anonymity) will somehow decrease.

well it is possible because a gambler will buy bitcoin to do gambling, and the price will roll

I think it will help significantly, online casinos which are accepting bitcoin have great power.

Casino? Bitcoin? Only if they cooperate and receive profits from losses in the casino by bitcoins, which is ridiculous.

Casino that uses bitcoin helps the demand rises due to daily usage of bitcoin. Online casino is a big contributor for the success of bitcoin in the community. Though only the rich can afford to invest and play in online casino, the lower bracket of the society will hope for it to flurish and make tge price of bitcoin rise higher.

I dont think that casinos can help the to get a better image for cryptocurrencies. Cryptocurrencies and Bitcoin has a very bad image thanks to the mainstream media. So casinos also have a bad image. If the online casino now supportings cryptocurrencies, it wouldnt helpt bitcoin to get a better image. Of course online casinos are a huge market, and if they go on for cryptocurrencies, it would help to make it more popular, but the image wouldnt be better.

Well if we look on it from a player perspective, some of the new crypto casinos offers cashback on losses.

I agree to some point, but i also notice a different among the casino players, before players didn't want to speak loud about them plan online, but last year i see ( especially in Europe ) players actually start to brag about winnings, and some of the new casinos have famous ambassadors to promote the casinos. and the legalization that happens now in a lot of European countries will probably help the casinos to get a more trustworthy picture.  Players look for fast payouts, bigger winnings, great offers, and the new crypto casinos offer all of this.

I think the gambler/players will look as it like this

Cryptoplayer
Player 1 deposit 0,5 btc and win 1 BTC
This player believes, that his winning can be worth so much more in 3-5 months if he cash out

Traditional Casino player
Player 2 deposit 5k and win 10k USD
This player know that he winning will not increase in value.

I do hope it helps, but on the other side it seems the online casino will soon start to create their own coin that could be another child coin of bitcoin and soon once concrete enough and use by many will be start to be listed in trading firms and eventually be mark as another bitcoin opponent. If the existing online casino will just accept bitcoin, it could definitely help bitcoin and its community, but if the stated situation will be done, it can help in some other ways, like attracting people to use crypto.

I personally think that it does help the bitcoin industry.
Based on my own experience, gambling does attract people. Especially the rich ones, greedy ones and those who think betting could get them out of poverty.
Some are just in gambling for fun. And I think leisure activities are what people are finding nowadays.

With casinos using bitcoin, they will be more interested. More convenient and there is a possibility that their profits may increase.

I think in the long term wise bitcoin will be quite beneficial to the online casino as the owner of the wallets of bitcoin is annoymous, most of the people i know got into bitcoin due to the "annoymous profile" and the speed of transfering and charges will be minimal to the parties involve.

True, some casinos like Breakout Casino already develop their own coins like you said, and others like Bitstars seems more interested to add more currencies.
we will see, but i truly believe that we will see an increase of "crypto casino players" this year.

The asked question is a bit regional level, I just want ta take it to the international level and my argument is that everything which will acknowledge the bitcoin or the crypto currency are certainly doing good to the bitcoin, because any acceptable business with circulation of money in several hands has the tendency to gather more customers with every day passing, so with every new customer there will be more money involved in that precise business and the more the money is, the more the weight will be.

I couldn't agree with you the more, anything that helps to spend  bitcoins in a way is either contributing to the demand or supply of bitcoin and as such indirectly regulating its value and prices on the market and so since many casinos have found themselves accepting bitcoin it is going to steadily grow its value and help newbies hear and know about bitcoin on a daily basis and its good for our investments.

Yes surely online casino's will help bitcoin to grow its value more. Because the more people get into crypto currency the more it will become established. And for gamblers bitcoin/crypto currency is a winne.
They can use bitcoin without any trace

yes i think the online casino will help bitcoin to grow because we all know how much the profits are in the casinos so if they use bitcoin then the price will go to the moon.

You should consider moving this thread to the gambling Section, I am very sure there will be lots of opinions to input in this from there. Well, back to the topic; in some ways casinos may not be helping bitcoins to grow because most people don't hold their coins but gamble it away in casinos, I know this because I am a gambler. Though, this is in no way the fault of the casinos owners because gamblers should learn to control themselves too. Though, in some other way, some new gamblers whom don't know bitcoin might know about them through online casinos.

One reason why people chasing bitcoin because the technology behind it is imortant that's why the industry of Casino would grow so much more on its current price.

The online casino that accept bitcoin are very much active for the past four years and now we have some good casinos and sports betting sites in the cryptocurrency market and sure there are many people coming into this platform simply because there is a restriction to play with fiat based currency in their country and sure it will market bitcoin without a doubt and it is a big industry now.

Ofcourse it will help,every institution that will use bitcoin for their business,in any form doesnt need to be in gambling only though this one has. Big accommodations of bitcoin in their part,every single cents that has been converted to bitcoin is a big help,though it reverses if uses the other way around..and theres nothing new about this because we have our own casino here in crypto community and it does having circulated with lots of bitcoins

It will not help bitcoin at all if the casino not accept bitcoin for their transaction.
It will help bitcoin if they accept bitcoin as for payment transaction so it depend on the casino itself.

I highly doubt it, if anything I think it could have a negative effect on Bitcoin's growth. Because then it will be associated with gambling which is always associated negatively and grouped in with other bad behaviors. We don't need that grouping, certainly not now when governments are looking to regulate.

Yes! it will make the demand higher and can result to the price of bitcoin to become higher so that's why it will be good to bitcoin market.
I consider online crypto casino's as one of the market movers and is giving a lot of contribution to the increase of demand because traditional casino players loves on how most of the casino's are doing with bitcoin. It's no need for information and they can remain anonymous but some now are requiring KYC.

Since the gumbling is done through the use of internet, then why not use this medium also to exchange bills ?
And if that happens, it will surely make good impacts from the gamers and will be very much beneficial to both online Casino's and bitcoin industries.

We admit that many people in the world love online games. If bitcoin is used in online games it can help to better identify and use more. The bitcoin will be more demanded so its price will increase. I believe it's time for more online casinos to use bitcoin.

#Datarius

Gambling online Casino could Help Bitcoin grows but not to the extent  that users spend his one piece of  Bitcoin just only for playing casinos. It just another way of promoting bitcoins through it, if that online casinos  could players just easily win, then more people to play in and bitcoins are more sellable, it helps Bitcoin grows. Wnen players are buying Bitcoins as their investment then that could be much better in bitcoin market. It depends on how people adopt of using it.

It is the opposite! online casino doesn't help bitcoin, Bitcoin is the one who helping casino industry!
As you can see, crypto casino is more faster in withdraw, it is helping casino players and make casino industry expand more.

Since last year, there have been more and more gambling platforms and various forms of blockchain in the blockchain. However, there seem to be only a few successful ones. The more types and the more specialized ones, the more popular the programs are. Hope gambling projects can drive the development of bitcoin.

Personally, I really don't see what a Bitcoin casino will help spread the word of Bitcoin. I mean what is the difference between crypto casinos and fiat casinos. Cryptocurrency gambling doesn't give you any benefit, when compared to fiat gambling. If there is no benefit logic says there is no point in change. So then tell me, why would anyone change to cryptocurrency gambling like Bitcoin?

Hi there NewCryptocasinos, you got a lot of experience in this area. I think if those online casinos did not grab the opportunity to grow by adopting cryptocurrencies, they could be left behind and remain in a constant income. I see there are bunch of people preferred to do gambling using crypto rather than entering their beloved master card numbers in a gambling site. This is also beneficial to the people to gain awareness about bitcoin and the whole cryptocurrencies.

Greatly, the online casino industry runs virtually and what better way to fund it or to use as currency but the very digital currency that everyone is raving about good or bad. That I think is one of the best ways it can be i tegrated, of major corporataions and investors can see what good and how good bitcoin is to the inline casino industry then I assure and bet everyone that they would also try to look for ways on how to integrate it themselves and how to put bitcoin to good use

Not only gambling but many ways are available to increase the demand of the bitcoin and making the market of the bitcoin up .
The first thing that I know better is that casino in online market is getting up more speeder then what was the growth in the old times because with the Fiat system it was not much easy to make gambling Because all the payments were traceable and was not better ( illegal totally) but after the implementation of the bitcoin in this industry made the online gambling a perfect thing , Because with bitcoin gambling in casino there was no limits and no restrictions to move our money and also there is no need to pay tax Because that is fully anonymous and no one can exactly can understand that how and from where we made and is there any connection of this btc money from any casino ;)
So all over bitcoin market is really growing with the help of involvement of bitcoin in online Gambling casinos works .

Yes, it can, gambling has become popular long time ago and Bitcoin gambling is only the commercial for the Bitcoin as a crypto. Many new users have even discovered the Bitcoin due to the gambling sites which are supporting the Bitcoin. I am personally not so big gambler but I am supporting the gamblers. They had done the great things in terms of the advertisement for the Bitcoin community.

It could surely give a little push on bitcoin marketcap but it wont be that significant because in my opinion people in casino put their money in and out and they don't put money in bitcoin to invest but rather to use in gambling.

Yes, they do, but i actually talked to some players that recently started to use Bitcoin on Casino, and they told me this.

- The great thing about bitcoin is that my "winnings" could possible be much higher if i cash out my winnings and sit on them for a while.

This is how gamblers think:) If they actually have they discipline to not touch their winnings, well that another story :)

Unambiguously such approach will increase popularity of casino. And about bitcoin, I don't think that the casino will strongly increase his popularity though such conclusions probably should be drawn later time.

Ya i think casino is one of biggest contributor in crypto industry because there are a lot of casino or gambling project running in crypto and there are all had great profit

дa кaзинo индycтpия пoмoглa биткoинy.

Of course,with gambling using bitcoin,it will surely spread within the gambler and popularize bitcoin.As the big gambler took part using bitcoin,it will influence the other gambler to use bitcoin too.It will encourage other people to make gambling site and investor who see the opportunity will take part too,it help bitcoin too spread to many other community.

What a good idea to provide BTC payments in online casino. It might be very practical. Thereby all online gamblers will become investors into crypto.

Yes,  agree to 100% 

This is a debate and will continue because gambling is in a lot of countries accepted as a legal trade as well as illegal in many. So it may help as including BTC in gambling with changes in prices of BTC.

Yes of course. The online casino industry is a huge one with a lot of customers and with adoption from online casinos more people will adopt bitcoin inorder to play, this increases demand for bitcoin which we know is the driving force when it comes to the price of bitcoins really. A lot of people like the idea of being able to play at the casino using bitcoins. It's easier and you don't have anyone tracking your money to see where it all goes.

If traditional casinos will  start buying bitcoins and create online casino that would be great for bitcoin industry. The only websites that does not disappear are gambling sites. I have been working in an online bitcoin casino for a year already and compared to traditional casino, online casino are much more efficient since you can play even using a centavo worth of bitcoin. Traditional casino have a higher minimum bet so online bitcoin casino attracts more players than traditional casinos.

Let's assume casino players start to use Bitcoin to play online casino, then that would be good for the Bitcoin industry. Why? Because it would create a vast demand on bitcoin's to be used. It would also make Bitcoin price go high with the supply and demand law.

I don't know if it can help Bitcoin somehow, but they needed in cryptocurrency world. At least because there is fiat money casinos.

What will help is if more real world casinos accept bitcoins.   It will help bypass the banks.   Having issues with your bank?   Then just convert instantly to bitcoins at your local casino.    Play some games, win or lose, doesn't matter, and then go home with your cash easily converted to btc.   

and what's casino help? to lose bitcoins? it's just one of the services how to spend bitcoins and no development I see

Okay by this survey you mean to say that more customers are being attracted when they are playing the online bitcoin casino. If thats the case then they are real good help for the bitcoin as people will need large supply of the bitcoin to get started. When they start buying more the market gets invested more and so on. Hm, seems to be good for the crypto currency but the thing is why we have not fired up more than casinos yet. Is it the fact that not much people trust it or is it just that people are loosing money to the casino and they are cashing out the bitcoin on larger scale thus making the bitcoin supply balanced again. I mean that could happen and thus they might not be helping the bitcoin community grow as we are thinking about it.

Yeah, The casino who is first out to solve that problem will have a nice turnover following months :)

Yes, it will certainly improve the visibility, and will replace the fraud, blockade will help the casino and all gambling, looks very good and promising

As i see it they are a really good promoter for Bitcoins, the players see that bitcoin is an payment option at their casino, gets interested and buy them.

the possibility could be because casino turnover is very fast money not only that in LA country is the biggest country where his playing casino if they all use blockchain technology will definitely add a lot and will increasingly make the price of bitcoin becomes expensive.

well it is possible because a gambler will buy bitcoin to do gambling, and the price will roll  ;)

Yeah it would help to justify that bitcoin has many uses because Casino is also  a big network that would surely extend the popularity of bitcoin, and good to see that people will using in different aspects of so that in these way bitcoin will be more precious.

It's all about mass adoption. The more users who use it, for whatever reason it is, is good for the true value of bitcoin. We need more people to actually use it instead of just buying and hoarding it.

Yes for sure, but at the moment i think it is the casino industry that will help out the most and i think the big casino boom will be when the online Casinos with an MGA License ( Malta Gaming Authority) starts to add Bitcoin as payment options. Then we will for sure see alot of European players start to buy Bitcoins

yes, now we just wait until the Casinos with an MGA licence to add Bitcoin as an payment option, then for sure we will see some interesting trading volumes in Bitcoins

Absolutely yes. Egames is more likely to use Bitcoins on their transactions. And someday online casino's will, it would be a great help in promoting bitcoin. And if that happen there will more online players use cryptocurrency on their transaction.

        So this may help the price of bitcoin to grow up since casino is considered one of the marketplace for btc or any altcoins, and this establishment was designated  to operate gambling activity which is accepted to most of the country.

in my opinion very helpful because in this world many people who like gambling, with the casino industry that uses bitcoin so bitcoin buyers will be more so that the news about bitcoin will be widespread throughout the country.

Yes it can but the demand are not as great as state's demand.

Let's compare if bitcoin gambling site usually have 100.000 active player  = 100.000 demand
If my government let say legalize bitcoin with 200.000.000 total population = 1.000.0000 demand

The analogy I made is state's demand are greater !

Casinos that are utilizing cryptocurrencies or the blockchain is somehow a sort of advertising for cryptos already. With the number of Casino or betting related ICOs today, we can't deny that they are helping spread the significance of blockchain not only in the betting industry but for all.

sure you cant expect to be rich of playing online casino, buy im pretty sure the new crypto casinos will help to spread the word about crypto currency

Yes, thats true, a lo of betting sites starts to add crypto also

I think online casinos are not much affected by Bitcoin because only a small amount of Bitcoin is circulated in online casinos, so more Bitcoins are still in the hands of some exchanges or whales, so it cannot affect Bitcoin. .

If they have a huge community of course it will help the growth of bitcoin in the future, we can not deny that gambling growth will help the bitcoin in the future, because if we think it will facilitate many gambling enthusiasts will use bitcoin for online gambling game.

Yes i believe that online casino that are using cryptocurrency will really help bitcoins to grow its value since there are a lot of people that are greedy about earning a huge amount of money and if they will allow cryptocurrency on their business then more customer's will come in this gambling industry and aiming to earn cryptocurrency as well.

I think most people want to make money from Bitcoin instead of using Bitcoin to gamble. Of course, I can't say that all people don't use Bitcoin to gamble. People who use Bitcoin gambling account for more than Bitcoin users. A very small proportion. The help for Bitcoin is very small.

I agree with your opinion. Even at the moments of the bitcoin rate drop, the bitcoin owners confidently look into tomorrow. I do not think that it makes much sense to spend bitcoins in an online casino, if you can spend the Fiats, which you will then receive, selling bitcoin at the peak of the course. The only "BUT" my opinion is the opinion of a person without a special love for excitement

Gambling industry can help bitcoin to the same extent as increasing of drug market in darkweb - it'll just hurt his reputation once again. To rise more among the mainstream audience we need to be able to pay with crypto in any mall on an equal basis with Visa payments.  This is just my humble opinion.

It's definitely one of the industries holding btc together, but, alone, it cant bring btc to mass adoption. We need everyday stores accepting btc as payment. Just online stores are enough but i dont know when or if we'll get there.

Lot of people are against crypos being used for gambling. I dont think it brings "bad" reputation. I mean fiat is more widely used for gambling. We cant prevent using it "bad" things. The important thing is we also find good or "neautral" uses for it.

I thinks its no because all player of casino is only a rich person not to help in general imagine only casino owner would be a potential to grow their wealth so that is not helpful to grow of bitcoin. I think everyone of us would be a big potential to be bitcoin dominated until it is a number currency use for every country.

Any chance of having https://vertcoingames.com added to the website?

While we accept Vertcoin currently we're about to integrate with over 50 altcoins.

We also have player rewards releasing soon :)

Casino open many new opportunity for people especially for unemployed !
When casino accept bitcoin, it's affect on bitcoin's demand , of course it's increase for global scale !
Many casino try to adjust people's demand for their transaction in order to fulfill their desire because customer is top priority !

Online casino at Bitcoins is a great way to earn Bitcoin with pleasure and without any investment. Excitement can be justified only when you do not risk your own savings.

Thats true, if you are lucky, you can actually get BTC fro free after you sign up at some of the new crypto casinos that offers free btc/freespins when you reg.
I actually got 0,4 BTC just from doing that, Ok i cant buy a new car from it:) but still its for free

Hi Vertcoin, let me have a look at it, and please contact us on our website, if you want to be added on the site

If casinos can embrace btcs I think it will beneficial a lot for the bitcoin industry development.

Its hard to say about mainstream acceotance because casino lovers wouldd get into it but I don't think normal people would do so

Professional casino players will probably like bitcoin for it is high potential in the future and it seems amazing features in the market. Casino is one kind of business that some big whales or I should say politicians, businessman, celebrities, and more person that not simply habitat on one country can be found at casino all over the world. Casino is a place of money then it can help bitcoin economy to grow. No one can stop it unless it is forbidden to use.

I highly doubt it, if anything I think it could have a negative effect on Bitcoin's growth. Because then it will be associated with gambling which is always associated negatively and grouped in with other bad behaviors.

The online gaming market was USD 44.16 billion in 2016 and is estimated to reach USD 81.71 billion by 2022, can you imagine the effect it will have on Crypto currencies when this operators start to add Bitcoin and other crypto currencies to their plattforms?

Betting industry can enable bitcoin to an indistinguishable degree from expanding of medication to showcase in darkweb -, it   will simply hurt his notoriety by and by. To rise more among the standard group of onlookers we should have the capacity to pay with crypto in any shopping center on an equivalent premise with Visa installments. This is only my modest conclusion.

Bitcoins itself are a gambling currency so playing casino with it should have any problem with it

Every industry can help bitcoin if they start to use it. Casinos would be a great place to start but as bitcoin is a digital currency it is best served at the online casinos rather than vegas style

I think that bitcoin is helping the online casino, bitcoin enable the online casino to let people play gambling online using one and only currency without changing it into any other currency, They do not need to visit a casino and can even play gambling from their bed. I play gambling online using bitcoin which is really too much easy for me.

no its not. Bitcoin does not help the online casino because those casino are the ones who started to partner with bitcoin. bitcoin is just only a digital currency and it is not intended to help anyone nor any other business company. yet these online casino are quite helping bitcoin in order to become more popular and grow more. although i think this topic belongs to gambling discusion and not on bitcoin discussion because this is more of a gambling talk. @op youd better move this thread now.

For me yes. Casino is one of the best way to earn and at least let the currency circulate. Bitcoin can be considered gambling but in different way. Taking more risks is one of the best way to have it multiply. If Casino is not really good for bitcoin, then I think it will never be considered in the first place.

I think yes, the popularity of Bitcoin casino is pretty high among the gamblers, it offered a perfect combination of anonymity and the ease for deposit and withdrawal, with many people used BTC for gambling, it will help to increase the transactions volume, therefore it will help Bitcoin price becomes better and increasing the popularity

now bitcoin is associated with quite unpleasant topics like drug trafficking, arms trade and other shadow deals, and the structure of the casino can damage the already shaken reputation of bitcoin

You got a point that has no serious put in it because casinos are also used by few, just the luxurious people who can afford it

The online gaming market generated €34.6bn globally in 2015, and its increasing..

They can easily help bitcoin because they need that exposure by the online casino for bitcoin so their customers will get curious about bitcoin and think about using it to their casino then that will become the start for the huge change for bitcoin in terms of demand and that will continue and bitcoin and the online casinos will have a strong connection.

Agree, many casinos connected to bitcoin node and accepted Bitcoin now.
Bitcoin is very popular currency of gamblers today.

I don't think it is having as much of an impact as you would like to think. I bought into one of these type of companies last year in their ICO and so far the results have been pretty underwhelming to say the least. I honestly believe people are spending way more with credit cards on gambling sites than with crypto and not sure if that will change.

Perhaps they spend more with credit cards, because you cant pay with Bitcoin everywhere yet:) just post another thread about the Bookmaker Pinnacle, they added Bitcoin for 6 weeks ago. I see a trend now, especially in Europe that more operators ( Casino and Sports ) starts to add Bitcoin as payment options.

When this companies starts to promote their Bitcoin bonuses to their players, I believe the gaming community will open their eyes for this cryptocurrency and start to invest and gamble with it.

Gambling industry will definitely take interest in Bitcoin once governments regulate it. Gambling is banned in some countries or heavily regulated. There are a lot of gamblers all around the world. The demand for this kind of service will be huge. The only b problem might be lack of knowledge about cryptocurrencies.

Exactly "The only b problem might be lack of knowledge about cryptocurrencies."

yes i wih it cn be in the future and it will be awesome because yih cn pay bitcoin in any casino you want to

I think yes since gambling normally generates a huge amount of money which will more likely improves and provides a good volume and circulation of bitcoin market though i don't support gambling since it usually have a great negative impact on its players which may cause addiction that may affect again bitcoin's image for the public.

Are there online casinos too? What the hell everything online cant provide that excitement which is present in real casino

You got a point that has no serious put in it because casinos are also used by few, just the luxurious people who can afford it

Increasing use of bitcoin in online gambling sites is a positive thing..The gambling and betting sector is a huge market..Also privacy is important for the people there..Bitcoin is a nice alternative in this regard.

If bitcoin is used in the online casino industry, I think it will grow. The amount of transactions in the online casino is quite a lot, so bitcoin will also be traded a lot. The bitcoin price will be raised and developed in the cryptocurrency market.