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Author Topic: Is Bitcoin the future of online gambling?  (Read 31495 times)
aranachristianjay
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June 14, 2016, 06:37:38 PM
 #441

for some people It can be but for other people it many not be yes. those people who are interested in gambling for such people it can be the future. but the other people are using it for trading and not for gambling.

Trading can be considered as a gambling as you are putting your money at stake, so it means that bitcoins are clearly the future of gambling.

Let's take into consideration that it is decentralized and not controlled by any government, and also it is anonymous and cannot be trace easily, which can be used in countries with banned gambling.
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June 14, 2016, 10:52:15 PM
 #442

for some people It can be but for other people it many not be yes. those people who are interested in gambling for such people it can be the future. but the other people are using it for trading and not for gambling.

Trading can be considered as a gambling as you are putting your money at stake, so it means that bitcoins are clearly the future of gambling.

Let's take into consideration that it is decentralized and not controlled by any government, and also it is anonymous and cannot be trace easily, which can be used in countries with banned gambling.


I agree , that trading is also considered as gambling. Because you are going to play for your money a long time until you get money from it.
You need to monitor daily your trades of alt coins and you need to be careful for buying it, because the possible of loss is high.
if you are going to buy a nonsense coin.

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Sir_lagsalot
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June 14, 2016, 11:12:09 PM
 #443

I think that bitcoin really has the potential to become a gambling currency, but even if it does, casinos will make an altcoin just for gambling that suits them. Bitcoin has everything they want, like fast transaction and no reversibility.
MingLee
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June 14, 2016, 11:18:31 PM
 #444

Bitcoin is definitely the future of online gambling due to the ease of deposits and withdrawals, and how it is fairly untaxed, anonymous and isn't filled with regulations. Bitcoin has been the best currency for online gambling for a long time, and probably will be as long as the government doesn't care about it and doesn't tax it like fiat winnings.

Cryptos are generally better overall when it comes to gambling, but there might be some better currencies in the future.
The_prodigy
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June 14, 2016, 11:39:16 PM
 #445

I think that bitcoin really has the potential to become a gambling currency, but even if it does, casinos will make an altcoin just for gambling that suits them. Bitcoin has everything they want, like fast transaction and no reversibility.
I think it will not become gambling currency and i think more adoption will come for bitcoin. not only for gambling purposes it may use it in other service not only for gambling.. bitcoin is a digital currency and more stores are now accepting bitcoin so its not the best to use bitcoin in gambling.
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June 14, 2016, 11:40:14 PM
 #446

I only know most common people like and become the inportant reason why bitcoin can become the future of gambling is anonymity of bitcoin, can make many people is gambling is getting more their privacy to play on gambling.

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Erzatium
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June 15, 2016, 02:49:02 AM
 #447

Yes I think it is the future of online gambling because this is just an easy method and you also can see its growing very fast with users for gambling right now.
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June 15, 2016, 04:29:51 AM
 #448

I think that bitcoin really has the potential to become a gambling currency, but even if it does, casinos will make an altcoin just for gambling that suits them. Bitcoin has everything they want, like fast transaction and no reversibility.
I think it will not become gambling currency and i think more adoption will come for bitcoin. not only for gambling purposes it may use it in other service not only for gambling.. bitcoin is a digital currency and more stores are now accepting bitcoin so its not the best to use bitcoin in gambling.
There is a big difference between gambling users vs the people who use their bitcoins to merchants. With gambling you can have the most benefits because you are given a chance to gamble with different gambling sites and the few is just to little compared to gambling sites which required a bank to bank transactions of wire transfer.
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June 15, 2016, 04:50:03 AM
 #449

Yes I think it is the future of online gambling because this is just an easy method and you also can see its growing very fast with users for gambling right now.
Now it look like yes because the price of bitcoin is tempting everyone to play gambling with Bitcoin but once the price go down i don't know what is the status of Bitcoin. In future it will come down because we faced this in last 2 years back suddenly the price went below 300$ that time all gamblers choose other currency to bet so i think this will repeat let's see what happen.
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June 15, 2016, 06:09:50 AM
 #450

Yes I think it is the future of online gambling because this is just an easy method and you also can see its growing very fast with users for gambling right now.
Now it look like yes because the price of bitcoin is tempting everyone to play gambling with Bitcoin but once the price go down i don't know what is the status of Bitcoin. In future it will come down because we faced this in last 2 years back suddenly the price went below 300$ that time all gamblers choose other currency to bet so i think this will repeat let's see what happen.
I think gamblers does not mind about the price of bitcoins, they use only bitcoins as a means to gamble easily and if they are just focus in gambling they could easily convert it to FIAT. Only the investors will be happy to see the price rising.
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June 15, 2016, 06:50:53 AM
 #451

Yes I think it is the future of online gambling because this is just an easy method and you also can see its growing very fast with users for gambling right now.
Now it look like yes because the price of bitcoin is tempting everyone to play gambling with Bitcoin but once the price go down i don't know what is the status of Bitcoin. In future it will come down because we faced this in last 2 years back suddenly the price went below 300$ that time all gamblers choose other currency to bet so i think this will repeat let's see what happen.
I think gamblers does not mind about the price of bitcoins, they use only bitcoins as a means to gamble easily and if they are just focus in gambling they could easily convert it to FIAT. Only the investors will be happy to see the price rising.
You are correct sir, those gambler was gambling for fast time they are only focus on how many coin they have regardless the amount of it because most of the gambler is a rich man
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June 15, 2016, 07:48:47 AM
 #452

It is already the currency of the future, the number of bets in bitcoin and the number of new websites coming out as betting houses just demonstrate this is already happening, and I think also in the future bitcoin gambling will be the choice of many gamblers because its ease of use, and anonymity features.
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June 15, 2016, 08:05:03 AM
 #453

Online gambling works really well with Bitcoin and that is because there are now more people that is using Bitcoin as their payment method and that is really nice for Bitcoin.
But you have to know that gambling is just wasted money so that is not that nice if you are doing it everyday.
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June 15, 2016, 08:15:08 AM
 #454

Yes I think it is the future of online gambling because this is just an easy method and you also can see its growing very fast with users for gambling right now.
i dont think bitcoin is the future of gambling industry,nowdays so many gambling site accept payment beside bitcoin,and use altcoin for gambling object,we know gamebet coin as gambling coins,and its look like more better for future of gambling industry.
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June 15, 2016, 09:40:05 AM
 #455

Yes I think it is the future of online gambling because this is just an easy method and you also can see its growing very fast with users for gambling right now.
Now it look like yes because the price of bitcoin is tempting everyone to play gambling with Bitcoin but once the price go down i don't know what is the status of Bitcoin. In future it will come down because we faced this in last 2 years back suddenly the price went below 300$ that time all gamblers choose other currency to bet so i think this will repeat let's see what happen.

I think the opposite as you. When the price of the bitcoin surge, i see more people start to gamble with alt coins as it is cheaper. I still remember when the price of bitcoin shoot up, a lot of people start to change to ltc as it becomes more affordable as compare to btc. Owning 0.01btc is not as satisfying as owning 10s of ltc. That is why a lot of the btc casino now change the domination to mbtc so you will whole numbers of tokens in your gambling wallets.
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June 15, 2016, 09:52:24 AM
 #456

Online gambling works really well with Bitcoin and that is because there are now more people that is using Bitcoin as their payment method and that is really nice for Bitcoin.
But you have to know that gambling is just wasted money so that is not that nice if you are doing it everyday.
The question isn't even about gambling as wasting money .Its clear by the title if bitcoin will be the future of online gambling.My answer to that would be negative,bitcoin is cool and all but in the near future most of the gambling websites will have their own currencies which could be bought with bitcoins.Something like rubies.Few websites have already started accepting rubies.

i dont think bitcoin is the future of gambling industry,nowdays so many gambling site accept payment beside bitcoin,and use altcoin for gambling object,we know gamebet coin as gambling coins,and its look like more better for future of gambling industry.
Exactly!You do get the point how bitcoin will evolve other coins to be accepted by the gambling community.
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June 15, 2016, 11:59:17 AM
 #457

Online gambling works really well with Bitcoin and that is because there are now more people that is using Bitcoin as their payment method and that is really nice for Bitcoin.
But you have to know that gambling is just wasted money so that is not that nice if you are doing it everyday.
The question isn't even about gambling as wasting money .Its clear by the title if bitcoin will be the future of online gambling.My answer to that would be negative,bitcoin is cool and all but in the near future most of the gambling websites will have their own currencies which could be bought with bitcoins.Something like rubies.Few websites have already started accepting rubies.

Yes if all casino starts with there own currencies then Bitcoin is nothing people just use this to buy other coins because most of all country not accepted this currency as legal so for what purpose people will use this Bitcoin. Yes actually i am not think like this good information mate.
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June 15, 2016, 12:39:22 PM
 #458

my be yes because most of the gambler are involving here in bitcoin. so we can say that bitcoin is the future of  online gambling.
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June 15, 2016, 02:08:44 PM
 #459

There are many Bitcoin gambling sites so that means that people are showing that they are interested, so I think that Bitcoin gambling is going to be even more popular in the future.
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June 15, 2016, 02:26:07 PM
 #460

There are many Bitcoin gambling sites so that means that people are showing that they are interested, so I think that Bitcoin gambling is going to be even more popular in the future.

Definitely btc gambling is going to be more and more popular as compare to traditional gambling site, btc gambling is more faster and more easy to gamble. There is even some gambling site that does not even need you to register an account.
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