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Author Topic: Is Bitcoin the future of online gambling?  (Read 31495 times)
The_Dark_Knight
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December 08, 2016, 12:55:23 AM
 #721

In my opinion yes, Bitcoin is the future of online gambling being anonymous in a gambling site is very nice, Having instant deposit and instant withdraw is also good for users.


And also they don't need some registrations, the gamblers can gamble anytime they want and there is no restriction for it. Unlike the usual online gambling site, it requires identification cards that must be provided immediately so that the site will approved you to be a legit player. But with bitcoin gambling, it doesn't require at all.
Bitcoin can be beneficial to those that live in a country that forbid online gambling, but for those gamblers that live in a jurisdiction that allows online gambling bitcoin may not be as attractive because they don't care about protecting their identity.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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December 08, 2016, 01:16:50 AM
 #722

Not every user is aware of bitcoin, so people continue to use fiat for their gambling purpose. In future bitcoin will get evolved into an alternate source for the gambling and other needs. Won't be the only option to be used for online gambling. In countries where gambling is banned, people prefer gambling with bitcoin.
yes i agree with you buddy the reason why others playing gambling through bitcoin was because gambling is banned on their country thats why they're investing big amount of money on bitcoin so they can play on gambling sites that accepting bitcoins. and thats also the reason why the amount of bitcoin is rising because of investors i would also like to invest more on bitcoin and try to put it on some trusted gambling sites bankroll hoping i could make a profit from it .
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December 08, 2016, 01:30:02 AM
 #723

In my opinion yes, Bitcoin is the future of online gambling being anonymous in a gambling site is very nice, Having instant deposit and instant withdraw is also good for users.


And also they don't need some registrations, the gamblers can gamble anytime they want and there is no restriction for it. Unlike the usual online gambling site, it requires identification cards that must be provided immediately so that the site will approved you to be a legit player. But with bitcoin gambling, it doesn't require at all.
Bitcoin can be beneficial to those that live in a country that forbid online gambling, but for those gamblers that live in a jurisdiction that allows online gambling bitcoin may not be as attractive because they don't care about protecting their identity.

I really don't think so because as my self in our country online gambling is not illegal but it can attract us to play it using our bitcoins because first using bitcoin than other fiat that is in online wallet is very slow in processing unlike bitcoin it is easy and fast transaction if you send money through gambling site then it is just in seconds or minute. The thing is it is all about fast and not in slow way
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December 08, 2016, 03:20:27 AM
 #724

Not every user is aware of bitcoin, so people continue to use fiat for their gambling purpose. In future bitcoin will get evolved into an alternate source for the gambling and other needs. Won't be the only option to be used for online gambling. In countries where gambling is banned, people prefer gambling with bitcoin.
yes i agree with you buddy the reason why others playing gambling through bitcoin was because gambling is banned on their country thats why they're investing big amount of money on bitcoin so they can play on gambling sites that accepting bitcoins. and thats also the reason why the amount of bitcoin is rising because of investors i would also like to invest more on bitcoin and try to put it on some trusted gambling sites bankroll hoping i could make a profit from it .

Bitcoin online gambling is a good way to sustain their gambling addiction and their identities will remain hidden because of bitcoins anonymity.

And for sure in the near future people will likely gamble all the day and will make gambling as a professional source of income.

Because bitcoin online gambling sites are established everywhere and you can bet even not big amount.
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December 08, 2016, 03:21:42 AM
 #725

In my opinion yes, Bitcoin is the future of online gambling being anonymous in a gambling site is very nice, Having instant deposit and instant withdraw is also good for users.


And also they don't need some registrations, the gamblers can gamble anytime they want and there is no restriction for it. Unlike the usual online gambling site, it requires identification cards that must be provided immediately so that the site will approved you to be a legit player. But with bitcoin gambling, it doesn't require at all.
Bitcoin can be beneficial to those that live in a country that forbid online gambling, but for those gamblers that live in a jurisdiction that allows online gambling bitcoin may not be as attractive because they don't care about protecting their identity.

I really don't think so because as my self in our country online gambling is not illegal but it can attract us to play it using our bitcoins because first using bitcoin than other fiat that is in online wallet is very slow in processing unlike bitcoin it is easy and fast transaction if you send money through gambling site then it is just in seconds or minute. The thing is it is all about fast and not in slow way
That is the main advantage of bitcoin from other online gambling sites that does not accept bitcoin, with bitcoin it's true that it's fast and easy as you do not need to put your personal information when you sign up, it is just very easy and no hassle at all.

We are just doing it for the trust because if these sites will not pay us we cannot do anything to collect it. I am not really a big fun of online gambling before due to the fact that popular online gambling sites requires big deposits to start but with bitcoin even less than $1 is enough to have fun.

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December 08, 2016, 03:47:42 AM
 #726

Of course iti s, it's going to be the most lucrative industry on the planet, as people find a way to gamble away borderless, instantaneously, and for little to no fees, permissionless, and in the comfrot of your home. Millions of billions of dollars in form of BTC will go throught the network daily in the future only through the use on casinos.
maybe it could happen. this time, nearly all of the new gambling site, always accept bitcoin. I feel that they may think that bitcoin is very suitable to be made a tool for gambling. low fee, and transactions quickly, making all gamblers feel better when using bitcoin. Well, one day, bitcoin will be the future for online gambling


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December 08, 2016, 03:59:04 AM
 #727

Bitcoin may be increasingly in demand as a means for gambling. we now see more and more sites bitcoin. bitcoin might not even be used as a tool for gambling transactions,bitcoin used as gambling because once simple to use it.
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December 08, 2016, 03:59:11 AM
 #728

Of course iti s, it's going to be the most lucrative industry on the planet, as people find a way to gamble away borderless, instantaneously, and for little to no fees, permissionless, and in the comfrot of your home. Millions of billions of dollars in form of BTC will go throught the network daily in the future only through the use on casinos.
maybe it could happen. this time, nearly all of the new gambling site, always accept bitcoin. I feel that they may think that bitcoin is very suitable to be made a tool for gambling. low fee, and transactions quickly, making all gamblers feel better when using bitcoin. Well, one day, bitcoin will be the future for online gambling

Yes, it is already happen. Many people start using BTCs to gamble online. Because the points you said: low fee, transaction quickly and I would add more one point, anonymity. Many videos in Youtube about BTC gambling are appearing each new day, it helps a lot Bitcoin popularity to increases fast. Soon the most traditional online casinos will start accepting the digital currency also.

 
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December 08, 2016, 04:24:45 AM
 #729

Bitcoin may be increasingly in demand as a means for gambling. we now see more and more sites bitcoin. bitcoin might not even be used as a tool for gambling transactions,bitcoin used as gambling because once simple to use it.

Because gambling industry is one of the highest contributor to the economy of bitcoin that's why the price and demand of bitcoin is rapidly increasing. And many people likes the way in gambling with the use of bitcoin because they can just simply deposit for the amount to gamble without any information required by the house.

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December 08, 2016, 04:30:44 AM
 #730

Bitcoin solved one of the biggest problems for the gambling industry: Regulation restrictions. The industry has been growing and a lot of people started to use Bitcoin just for gambling. Personally I do not gamble, but I see Bitcoin as a perfect tool for this activity.
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December 08, 2016, 04:40:50 AM
 #731

BTC is the best for gambling and dark markets so.. yes Wink

lets wait for pokerstars to add it and we MOON

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December 08, 2016, 04:46:24 AM
 #732

Bitcoin solved one of the biggest problems for the gambling industry: Regulation restrictions. The industry has been growing and a lot of people started to use Bitcoin just for gambling. Personally I do not gamble, but I see Bitcoin as a perfect tool for this activity.
True, bitcoin has been a haven for gamblers who cannot afford to comply with the requirement of the law of a certain country. With bitcoin, everything is possible in gambling as no restrictions and no limit here, we can gamble anytime and how long we want to be. The only needed is to have the money to gamble and we are good to go.

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December 08, 2016, 04:59:37 AM
 #733

I think it is because its already use a lot right now and the most online casino's are already using It and they love it because its for them easy to manage and can also easily handled too plus its fast.
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December 08, 2016, 05:11:15 AM
 #734

I think it is because its already use a lot right now and the most online casino's are already using It and they love it because its for them easy to manage and can also easily handled too plus its fast.

I agree its a good currency for online casinos and its also fast with transactions plus it can be used and bought almost everywhere on the planet.
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December 08, 2016, 06:23:30 AM
 #735

I think it is because its already use a lot right now and the most online casino's are already using It and they love it because its for them easy to manage and can also easily handled too plus its fast.

I agree its a good currency for online casinos and its also fast with transactions plus it can be used and bought almost everywhere on the planet.
Right now, bitcoin online gambling sites are booming because gamblers chooses the new technology than the conventional one, we can gamble with a small amount of money and most online casinos operated 24/7. With this, it will make the operator richer which would also make us enjoy more and be entertain.

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December 08, 2016, 06:28:41 AM
 #736

BTC is the best for gambling and dark markets so.. yes Wink

lets wait for pokerstars to add it and we MOON

LOL! If pokerstars will endorse and use bitcoin for gambling that will make the industry boom for there are a lot of fans who are following them. So if they will just simply say, that use bitcoin for gambling then many of them will be able to gamble and will buy a lot of bitcoins if they told so. I believe too that bitcoin gambling is the future of online gambling.

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December 08, 2016, 06:46:46 AM
 #737

I dont think that bitcoin is the future of online gambling
bitcoin is the payment in the world and it can help the company for the financial system.

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December 08, 2016, 06:55:17 AM
 #738

BTC is the best for gambling and dark markets so.. yes Wink

lets wait for pokerstars to add it and we MOON

LOL! If pokerstars will endorse and use bitcoin for gambling that will make the industry boom for there are a lot of fans who are following them. So if they will just simply say, that use bitcoin for gambling then many of them will be able to gamble and will buy a lot of bitcoins if they told so. I believe too that bitcoin gambling is the future of online gambling.
considering pokerstars is the largest online poker cardroom in the world where a lot of high roller play there.
i believe the future of online gambling feel really near when they accept bitcoin.
a lot of rumour about this but last year they have responded that bitcoin is not on their development roadmap unfortunately.
CyberKuro
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December 08, 2016, 08:06:06 AM
 #739

Bitcoin made gambling much easy and fun because it providing wonderful services and people like to play on bitcoin related gambling sites, we have very good privacy and can stay ourself anonymous by playing with bitcoin and this thing make gambling more interesting.
Gambling sites become very popular along with the sustainable growth of bitcoin because the advantages they offered to players, I think it's like 'gambling was never been so easy to accessed', but now everyone who having bitcoin wallet could join the game, no more restrictions for online gambling.
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December 08, 2016, 11:21:54 AM
 #740

Yes, considering the benefits of using bitcoin for investments in field of gambling. Its fast, safe, and anonymous. It can be withdrawn fast from the gambling accounts also. Thus bitcoin helps the gamblers living in someplace where gambling is forbidden, due to the anonymity of the transactions. Also, it saves time, is hassle free, and allows people to gamble from the comfort of their homes.
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