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Author Topic: Is Bitcoin the future of online gambling?  (Read 31495 times)
Ocytrem
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November 06, 2016, 01:12:36 AM
 #601

I think it is because its easy to pay with it and you can do a lot of things with it too, its a nice payment and for a lot of people more anonymous too so that makes it also pretty good.
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November 06, 2016, 01:13:02 AM
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We can observe another step of evolution of cryptocurrency gambling. Fully decentralized gambling services running as smart contracts on Ethereum's blockchain.
I am talking mainly about vDice project - if developers of vDice will play that right, we could have a real 'trustless' gambling service in our hand.
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November 06, 2016, 09:06:26 AM
 #603

i think bitcoin is the future for online gambling as bitcoin is the major coins and the first cryptocurrency that introduce to people and depend on the other coins, bitcoin have a high value and we can withdraw it into fiat directly when we win the games.

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November 06, 2016, 09:38:00 AM
 #604

I think it is because its easy to pay with it and you can do a lot of things with it too, its a nice payment and for a lot of people more anonymous too so that makes it also pretty good.

Yes,it is easy to make deposit and withdrawal transaction. Very convenient to used wherever you are as long as you are online or having an internet connection. Easy to cash out too,as long as you have local exchanges.

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November 06, 2016, 09:42:30 AM
 #605

Bitcoin is surely future of the online gambling industry. There are already many online casinos which embraced bitcoin as method of payment because it is good for both parties players and owners at the same time. It resolved the issues with privacy and heavy fees of transaction and made the gambling more faster and reliable. Bitcoin already has become inevitable part of online gambling.
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November 06, 2016, 10:03:29 AM
 #606

I think it is because its easy to pay with it and you can do a lot of things with it too, its a nice payment and for a lot of people more anonymous too so that makes it also pretty good.

Bitcoin is very flexible payment method and gambling also providing anonymous services as like the spirit of it, from my point of view the big reason why people like to play after winning huge amount we don't need to upload our personal documents to get release the funds, that is why bitcoin growing more faster.
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November 06, 2016, 10:10:13 AM
 #607

The article is more than 1 year old and althoug I agree that Bitcoin, along with some other cryptos maybe, will become the only currency of online gambling in the future, this won't happen so fast as we might expect unfortunately. And although "the number of businesses accepting BTC payments has been growing rapidly for are considerable period already" as the article is saying indeed is true, there are still only a small part of businesses who are accepting BTC payments.

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November 06, 2016, 12:02:12 PM
 #608

Since bitcoin is a cryptocurrency and is held electronically, its no wonder that it will be perfect for online gambling.  Bitcoin will definitely be the future of online gambling, its just a matter of time. The anomity, easy to use, and its low fees will definitely attract gamblers all around the world Smiley


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November 06, 2016, 12:16:47 PM
 #609

Like with other topics that starts with " is bitcoin the..." in most cases my answer is that bitcoin have potential to be that. Will bitcoin be that, successfulness depends from many things.
Now we see that interest in bitcoin gambling is higher then ever before. Looks like this anonymity and fast registration without leaving to many documents is something that people generally like. From me its much better, bitcoin opened a new door for me, before I couldn't gamble on many sites cause I'm from Serbia, now with bitcoin I have much more freedom in choosing things.

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November 06, 2016, 12:40:08 PM
 #610

yes , because before bitcoin the online gambling was a unknown thing for me but when i entered in the bitcoin then i found the third way to make money by gambling soay be the big reason for online gambling .
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November 06, 2016, 01:00:50 PM
 #611

I agree with that crypto currencies are the future of the online gambling, but Bitcoin is just one of many (even though it is the most known and used one)

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November 06, 2016, 05:10:35 PM
 #612

yes, becouse  it's so easy and faster

Easier faster and better. Better all round. Also cheaper or no fees and no records of your activity either. Way more private and safe.
thats true, bitcoin is really great for gambling, i think it also allows bitcoin to become bigger and bigger over time, in my opinion bitcoin will be huge

yup i agree on you both Cheesy . using bitcoin it is pretty easy and fast the transaction of it Cheesy

That is why bitcoin is really seeing the potential about everything like online gambling because they can have fast transactions.

It is one of the good service about bitcoin and as well as the fees they are very cheap.
People would always prefer a faster transaction because we are living in a fast pace world, also with the faster transaction, it can easily grow the market and increase the circulation of bitcoin.
Hey, maybe there can be no confirmation deposit if the fees is properly paid and there are no unconfirmed inputs in the transaction. Actually if you see bitcoins solves the problem of verification and all, so I actually see a future of gambling with bitcoins.
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November 06, 2016, 05:16:54 PM
 #613

yes, becouse  it's so easy and faster

Easier faster and better. Better all round. Also cheaper or no fees and no records of your activity either. Way more private and safe.
thats true, bitcoin is really great for gambling, i think it also allows bitcoin to become bigger and bigger over time, in my opinion bitcoin will be huge

yup i agree on you both Cheesy . using bitcoin it is pretty easy and fast the transaction of it Cheesy

That is why bitcoin is really seeing the potential about everything like online gambling because they can have fast transactions.

It is one of the good service about bitcoin and as well as the fees they are very cheap.
People would always prefer a faster transaction because we are living in a fast pace world, also with the faster transaction, it can easily grow the market and increase the circulation of bitcoin.
Hey, maybe there can be no confirmation deposit if the fees is properly paid and there are no unconfirmed inputs in the transaction. Actually if you see bitcoins solves the problem of verification and all, so I actually see a future of gambling with bitcoins.

But i think the future of bitcoin is not only for gambling and most of countries are banning gambling so i think here also in my country gambling can be ban even in online because they are talking about to ban gambling and asking for many isp or internetconnection to block those online casino online.. so bitcoin is not for gambling casino. and i think more adoption will come with bitcoin just like brazil that they are already accepting bitcoin as payment in few stores..

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November 06, 2016, 05:49:38 PM
 #614

yes, becouse  it's so easy and faster

Easier faster and better. Better all round. Also cheaper or no fees and no records of your activity either. Way more private and safe.
thats true, bitcoin is really great for gambling, i think it also allows bitcoin to become bigger and bigger over time, in my opinion bitcoin will be huge

yup i agree on you both Cheesy . using bitcoin it is pretty easy and fast the transaction of it Cheesy

That is why bitcoin is really seeing the potential about everything like online gambling because they can have fast transactions.

It is one of the good service about bitcoin and as well as the fees they are very cheap.
People would always prefer a faster transaction because we are living in a fast pace world, also with the faster transaction, it can easily grow the market and increase the circulation of bitcoin.
Hey, maybe there can be no confirmation deposit if the fees is properly paid and there are no unconfirmed inputs in the transaction. Actually if you see bitcoins solves the problem of verification and all, so I actually see a future of gambling with bitcoins.

But i think the future of bitcoin is not only for gambling and most of countries are banning gambling so i think here also in my country gambling can be ban even in online because they are talking about to ban gambling and asking for many isp or internetconnection to block those online casino online.. so bitcoin is not for gambling casino. and i think more adoption will come with bitcoin just like brazil that they are already accepting bitcoin as payment in few stores..

I heard that in the UK also some stores are accepting Bitcoin as payment, but I am not 100% sure. Yes in most of the countries are not accepting Bitcoin that is why people are using this coin for online gambling. Because of this Bitcoin, online gambling becomes easier to all gamblers. So I too believe that Bitcoin is the future of gambling.
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November 06, 2016, 06:01:06 PM
 #615

Perhaps Bitcoin can be a new future currency for online gambling as well as many others cryptocurrency because of the secure and the transaction speed. According to my experience, most of the online gambling site are currently accepting Bitcoin. This is the revolution which brings many benefits to both players and casino owners. I think bitcoin will soon rule the gambling system
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November 06, 2016, 08:53:45 PM
 #616

I think that bitcoin will play a large roll in the future of gambling. I think bitcoin is good for gambling and gambling is also good for bitcoin. Both could thrive because of the anonymity of bitcoin.

 
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November 06, 2016, 11:13:10 PM
 #617

Fiat has several restrictions and rules to follow and some countries doesnt allot to gamble, bitcoin since its decentralized no one will know if you are gambling or not, there is no way to them discover and yes bitcoin may turn if not is already the future to gamble online.
and with bitcoin even those citizens of countries can gamble who are banned from their state and even those people can gamble who cannot show themselves that they are gambling so with that way the bitcoin gambling is becoming more famous and the owners of these sites are earning high profit and the future of gambling is the payment of bitcoin only.
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November 06, 2016, 11:31:30 PM
 #618

Fiat has several restrictions and rules to follow and some countries doesnt allot to gamble, bitcoin since its decentralized no one will know if you are gambling or not, there is no way to them discover and yes bitcoin may turn if not is already the future to gamble online.
and with bitcoin even those citizens of countries can gamble who are banned from their state and even those people can gamble who cannot show themselves that they are gambling so with that way the bitcoin gambling is becoming more famous and the owners of these sites are earning high profit and the future of gambling is the payment of bitcoin only.
yes i agree with you because of these reasons now each gambling site will leave other currencies and will accept only bitcoin currency for their members to gamble on their sites.
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November 07, 2016, 04:11:20 AM
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Fiat has several restrictions and rules to follow and some countries doesnt allot to gamble, bitcoin since its decentralized no one will know if you are gambling or not, there is no way to them discover and yes bitcoin may turn if not is already the future to gamble online.
and with bitcoin even those citizens of countries can gamble who are banned from their state and even those people can gamble who cannot show themselves that they are gambling so with that way the bitcoin gambling is becoming more famous and the owners of these sites are earning high profit and the future of gambling is the payment of bitcoin only.
yes i agree with you because of these reasons now each gambling site will leave other currencies and will accept only bitcoin currency for their members to gamble on their sites.

Yeah, but the main reason is that bitcoin transaction in terms to gambling is very convenient and fast! Unlike in ordinary fiat money, you don't have to give your identifications and other necessary documents before you can have an account to that casino that accepts fiat money. In bitcoin, you can create account to these online casinos in a matter of minutes.
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November 07, 2016, 02:02:57 PM
 #620

I think most of the people are buying bitcoins for gambling as its very easy to gamble with bitcoin without disclosing the identity, so even if gambling is illegal in your country you can easily gamble with bitcoins.

Exactly... There are a lot of people buying bitcoins for such things because they dont need to identify themselves for anything being done with bitcoins as it is an anonymous coin and used widely in the world without any restrictions.
Yes it really was most bitcoin users like to gamble online. We can bet with bitcoin we got. If practically bitcoin future of online gambling I suppose it could be. But bitcoin is not just gambling and many other things such as trade, investment, etc.
And if you see the lending section they also take loans for gambling. So, actually gambling is one aspect that bitcoins have made effortlessly easy and comfortable. With the untraceable transactions and yet transparent of bitcoin payment system, we know that whatever we win or loss is private and can not be known to others.

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