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Author Topic: Is Bitcoin the future of online gambling?  (Read 31559 times)
Kotone
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April 19, 2017, 07:43:14 AM
 #1021

Well I can say bitcoin is the future of online gambling because bitcoin is anonymous although not 100% anonymous, it is good to become betting on gambling online,
it can protect indentity of gamblers because there are some countries that consider gambling is illegal activities with bitcoin as betting all of people can play gambling.
It can be safe your identity how about those web wallet we used that need to confirm someone identity i should say bitcoin must be anonymous but our web wallet that based on our country we need to send photo of our id's maybe 2valid id with selfie that you're holding your 2 id and also if they track you down that you are using their wallet to accept payments or withdrawal from gambling they will blocked your wallet i don't know what is the reason why.

Janation
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April 19, 2017, 07:45:58 AM
 #1022

Bitcoin might not be the most popular tool that is used for gambling because there’s plenty of people online and offline that haven’t heard of it. Some people may have heard of Bitcoin and they don’t know how to obtain it or use it so they’re stuck using different payment methods and then they get their payment accounts frozen because of the rules within the payment provider.
If more people tried to use Bitcoin then it would be a better payment option for gambling online.

How can you say that it might not be the most popular tool that is used for gambling? Bitcoin became a popular type of virtual currency mostly used on online gambling by most of the gamblers. Most gamblers don't know what is bitcoin, but they know that it can be used to gamble online with a greater value than fiats or real money. And if you don't know, most users use bitcoin to gamble than to buy on onliine shops.
chris200x9
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April 19, 2017, 08:17:16 AM
 #1023

Bitcoin might not be the most popular tool that is used for gambling because there’s plenty of people online and offline that haven’t heard of it. Some people may have heard of Bitcoin and they don’t know how to obtain it or use it so they’re stuck using different payment methods and then they get their payment accounts frozen because of the rules within the payment provider.
If more people tried to use Bitcoin then it would be a better payment option for gambling online.

How can you say that it might not be the most popular tool that is used for gambling? Bitcoin became a popular type of virtual currency mostly used on online gambling by most of the gamblers. Most gamblers don't know what is bitcoin, but they know that it can be used to gamble online with a greater value than fiats or real money. And if you don't know, most users use bitcoin to gamble than to buy on onliine shops.

I think only the offline gamblers don't know how to use this Bitcoin, because those who do online gambling they must know this method, it is easy to use and here direct fiat transaction is not there. So I think all online gamblers must know this Bitcoin. And it may be possible that Bitcoin will rule the future online gambling world.
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April 19, 2017, 09:54:26 AM
 #1024

Bitcoin might not be the most popular tool that is used for gambling because there’s plenty of people online and offline that haven’t heard of it. Some people may have heard of Bitcoin and they don’t know how to obtain it or use it so they’re stuck using different payment methods and then they get their payment accounts frozen because of the rules within the payment provider.
If more people tried to use Bitcoin then it would be a better payment option for gambling online.
Yes , We don't know in the future ,however we saw the big impact and potential of bitcoin gambling sites this time ,thats why there are many gambling sites are establish in the web. Normal thing for the people who heard but not actually know about how to use it .More in time when the bitcoins is almost known in the world it is a big possibility that these online gambling sites will exceed the real Casino's out there.

But I think we should know that in this time, mostly people use bitcoin for online gambling, This thread below to only use the bitcoin in online gambling and nothing any more. We are not talking about the bitcoin popularity between people. Because in my thinking, bitcoin is first and least currency which we are commonly use in online gambling.
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April 19, 2017, 10:51:19 AM
 #1025

But I think we should know that in this time, mostly people use bitcoin for online gambling, This thread below to only use the bitcoin in online gambling and nothing any more. We are not talking about the bitcoin popularity between people. Because in my thinking, bitcoin is first and least currency which we are commonly use in online gambling.

You are definitely dumb dont you think so? bitcoin has been around since 2009 and before that we have tons of online gambling site that uses fiat. Gambling by using bitcoin is definitely new scene around here and its popularity is currently niche compared to those sites that actually still uses fiat to gamble
Japinat
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April 19, 2017, 12:48:04 PM
 #1026

But I think we should know that in this time, mostly people use bitcoin for online gambling, This thread below to only use the bitcoin in online gambling and nothing any more. We are not talking about the bitcoin popularity between people. Because in my thinking, bitcoin is first and least currency which we are commonly use in online gambling.

You are definitely dumb dont you think so? bitcoin has been around since 2009 and before that we have tons of online gambling site that uses fiat. Gambling by using bitcoin is definitely new scene around here and its popularity is currently niche compared to those sites that actually still uses fiat to gamble
That's right, the gambling industry is a big industry and still majority of the gamblers uses fiat, but with the advent of bitcoin, the bitcoin online gambling are getting popular and we have increase the amount wager every year. We cannot deny that fact that because of gambling it resulted to a big increase of demand of bitcoin, now let's enjoy watching the bitcoin online gambling industry growing as there are smart people who continues to develop games and systems to attract more gamblers.

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sasaku bitbit
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April 19, 2017, 01:06:01 PM
 #1027

Bitcoin already is being used to gamble online.It made gambling easy,fast,simple and more safe.If I say safe means privacy without sharing personal information with third party.Bitcoin is future of online gambling there is no doubt in this.
echnological developments are extremely rapid and increasingly sophisticated, so too the gambling is now starting to swell rapidly either directly or online gambling casinos just for example we don't need to go to the Casino with online we can play without the time, but now adds more game is gambling with bitcoin is now also growing rapidly, even bitcoin can now be used as currency in the gambling online easy, short. , faster and more secure.
Humanxlemming
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April 19, 2017, 01:14:16 PM
 #1028

Well I can say bitcoin is the future of online gambling because bitcoin is anonymous although not 100% anonymous, it is good to become betting on gambling online,
it can protect indentity of gamblers because there are some countries that consider gambling is illegal activities with bitcoin as betting all of people can play gambling.
Well your right as what you think, bitcoin can be the future of gambling becuase bitcoin still growing and growing. Haven't many investor in bitcoin would be nice then i would say that if bitcoin still alive and not dead fir a long time ago. Expect all online gambling still alive also and make there future be nice
Oralmat
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April 19, 2017, 01:21:06 PM
 #1029

Well I can say bitcoin is the future of online gambling because bitcoin is anonymous although not 100% anonymous, it is good to become betting on gambling online,
it can protect indentity of gamblers because there are some countries that consider gambling is illegal activities with bitcoin as betting all of people can play gambling.
Well your right as what you think, bitcoin can be the future of gambling becuase bitcoin still growing and growing. Haven't many investor in bitcoin would be nice then i would say that if bitcoin still alive and not dead fir a long time ago. Expect all online gambling still alive also and make there future be nice

Yeah, I also think it many time. If bitcoin still alive and no die than definitely the day will come when we could use bitcoin not only for online gambling, we could use bitcoin in real casinos. But we should wait for the day, when bitcoin will well known in all over the world.   
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April 19, 2017, 02:03:49 PM
 #1030

- Of course, bitcoin is the future of online gambling, simply because the government can not control bitcoin and the value of bitcoin is very high. The transaction and sending bitcoin to the gambling sites is very convenient, just a few mouse clicks and wait. Many countries ban the use of cash for real gambling and online gambling and therefore, Bitcoin is an option for cash replacement. Using bitcoin makes gambling safer and we can gamble everywhere just need internet connection


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Kotone
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April 19, 2017, 06:14:59 PM
 #1031

- Of course, bitcoin is the future of online gambling, simply because the government can not control bitcoin and the value of bitcoin is very high. The transaction and sending bitcoin to the gambling sites is very convenient, just a few mouse clicks and wait. Many countries ban the use of cash for real gambling and online gambling and therefore, Bitcoin is an option for cash replacement. Using bitcoin makes gambling safer and we can gamble everywhere just need internet connection
If the government will control the bitcoin maybe gambling site will be vanised to their country and it will totaly blocked some or most of the gambling website are preferred to use fiat currency not only bitcoin much better if they had alternative currency that can be used once the coins are not available anymore on their country.

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April 19, 2017, 06:39:16 PM
 #1032

- Of course, bitcoin is the future of online gambling, simply because the government can not control bitcoin and the value of bitcoin is very high. The transaction and sending bitcoin to the gambling sites is very convenient, just a few mouse clicks and wait. Many countries ban the use of cash for real gambling and online gambling and therefore, Bitcoin is an option for cash replacement. Using bitcoin makes gambling safer and we can gamble everywhere just need internet connection
If the government will control the bitcoin maybe gambling site will be vanised to their country and it will totaly blocked some or most of the gambling website are preferred to use fiat currency not only bitcoin much better if they had alternative currency that can be used once the coins are not available anymore on their country.

I see no way how goverments could control bitcoin, that's why we have the deep web today.

They might try to restrict it, but people will always be able to use bitcoin.

That's why bitcoin is hailed by libertarians, it's a tool outside of the goverments reach.

For freedom o7

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April 19, 2017, 07:20:26 PM
 #1033

Well I can say bitcoin is the future of online gambling because bitcoin is anonymous although not 100% anonymous, it is good to become betting on gambling online,
it can protect indentity of gamblers because there are some countries that consider gambling is illegal activities with bitcoin as betting all of people can play gambling.
Well your right as what you think, bitcoin can be the future of gambling becuase bitcoin still growing and growing. Haven't many investor in bitcoin would be nice then i would say that if bitcoin still alive and not dead fir a long time ago. Expect all online gambling still alive also and make there future be nice
to me i personally know about online gambling through bitcoin. as bitcoin introduce online gambling too much, most of the people also know about online gambling because of bitcoin. as bitcoin make it more easy and convenient to play gambling while setting at a distance without visiting a casino. i therefore think that bitcoin is really the future of online gambling.
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April 19, 2017, 09:17:08 PM
 #1034

Bitcoin is the present of gambling. Do you realize how much Money is gambled everyday on bitcoin and other cyrptocurrency gambling websites ?

It is not THAT much far off from other gambling websites, if you exclude some huge online casinos, bitcoin gambling is almost there. People keep saying bitcoin is the future, bitcoin gambling is the future, blockchain is the future. If you take a good look around you, we are here, its the future.
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April 20, 2017, 08:12:09 AM
 #1035

It depends on some perspective. Some said its illegal to gambling so they use bitcoin to make him anonymous, it has some benefit to them but for legal country I dont think this have benefit to them, because make you invisible or not your country wont jail you for this reason so this is still a polemic
Yes, your right that's the good about in bitcoin to other gambling, But not all gambling online is legal in most of the country. It depends on the law they had about in gambling or else they will be nullify.
Well ,Bitcoin will take apart in the situation wherein you can gambling and deposit money to play gambling in a gamblimg site ,But i think even you are anonymously playing there and there is a chance for you to caught .For me i believe no system is safe if ypu are in hot seat . I used also to gamble bitcoins knowing that gamblimg is illegal to my country and it is advantage for me knowing bitcoins early.
Bitcoin I know in any business once they adopt the system it will surely give a brighter future for the business. Now if any of the gambling sites adopt bitcoin no doubt that gambling owner will get big profit, because there is no tax in bitcoin which the government  can't get any benefits from it only the owner and the lucky player who will play to their gambling sites.
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April 20, 2017, 08:36:44 AM
 #1036

Bitcoin is the present of gambling. Do you realize how much Money is gambled everyday on bitcoin and other cyrptocurrency gambling websites ?

It is not THAT much far off from other gambling websites, if you exclude some huge online casinos, bitcoin gambling is almost there. People keep saying bitcoin is the future, bitcoin gambling is the future, blockchain is the future. If you take a good look around you, we are here, its the future.

Right now for us that knows how to use bitcoin or using bitcoin for gambling we can say that this is the present and future of online and offline gambling. And this is why bitcoin is becoming popular nowadays because a lot of people are using it and the demand of bitcoin is getting higher with the help of bitcoin gambling.

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April 20, 2017, 10:23:54 AM
 #1037

- Of course, bitcoin is the future of online gambling, simply because the government can not control bitcoin and the value of bitcoin is very high. The transaction and sending bitcoin to the gambling sites is very convenient, just a few mouse clicks and wait. Many countries ban the use of cash for real gambling and online gambling and therefore, Bitcoin is an option for cash replacement. Using bitcoin makes gambling safer and we can gamble everywhere just need internet connection
indeed any institutions can not control and regulate bitcoin , and that is what make people love to use bitcoin , they feel save when don't have to upload any documents and share your personal info into certain random online gambling company , clearly the future of bitcoin as gambling currency are so bright.

the only problem , when you have gained 50% profit but the bitcoin price dropped 50%, then you have zero profit after staked a lot of money.

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Ziskinberg
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April 20, 2017, 12:25:47 PM
 #1038

- Of course, bitcoin is the future of online gambling, simply because the government can not control bitcoin and the value of bitcoin is very high. The transaction and sending bitcoin to the gambling sites is very convenient, just a few mouse clicks and wait. Many countries ban the use of cash for real gambling and online gambling and therefore, Bitcoin is an option for cash replacement. Using bitcoin makes gambling safer and we can gamble everywhere just need internet connection
indeed any institutions can not control and regulate bitcoin , and that is what make people love to use bitcoin , they feel save when don't have to upload any documents and share your personal info into certain random online gambling company , clearly the future of bitcoin as gambling currency are so bright.

the only problem , when you have gained 50% profit but the bitcoin price dropped 50%, then you have zero profit after staked a lot of money.
Well, if they will ban bitcoin I guess gambling sites using bitcoin will stop their business, the government has the power to do it but there is a lot of gambling sites to watch under their responsibility if they will ban it. Although we are enjoying the crypto gambling now but we have to be very careful not to put our money in one site only especially those who are new and unlicensed since it is easy for them to scam you and take your money.

In totality, I believe the gambling industry is growing and if there will be no conflict between the government and the crypto community, we will see a continues success.
EdenHazard
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April 26, 2017, 12:37:35 PM
 #1039

- Of course, bitcoin is the future of online gambling, simply because the government can not control bitcoin and the value of bitcoin is very high. The transaction and sending bitcoin to the gambling sites is very convenient, just a few mouse clicks and wait. Many countries ban the use of cash for real gambling and online gambling and therefore, Bitcoin is an option for cash replacement. Using bitcoin makes gambling safer and we can gamble everywhere just need internet connection
indeed any institutions can not control and regulate bitcoin , and that is what make people love to use bitcoin , they feel save when don't have to upload any documents and share your personal info into certain random online gambling company , clearly the future of bitcoin as gambling currency are so bright.

the only problem , when you have gained 50% profit but the bitcoin price dropped 50%, then you have zero profit after staked a lot of money.
Well, if they will ban bitcoin I guess gambling sites using bitcoin will stop their business, the government has the power to do it but there is a lot of gambling sites to watch under their responsibility if they will ban it. Although we are enjoying the crypto gambling now but we have to be very careful not to put our money in one site only especially those who are new and unlicensed since it is easy for them to scam you and take your money.

In totality, I believe the gambling industry is growing and if there will be no conflict between the government and the crypto community, we will see a continues success.
they indeed have a power to shut the bitcoin gambling business down , but for what reason they do it? unlicensed? i don't think it was a strong reason for any government to do shutting down the business , bitcoin gambling has large and strong ecosystem already, it won't easy.

also it is doesn't mean they can stop another bitcoin gambling site keep popping up right?

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audaciousbeing
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April 26, 2017, 01:12:28 PM
 #1040

If it were to be some years back, I would say with all emphasis that bitcoin is surely the future of online gambling but afterall majority are using bitcoin for gambling activities due to the fact that no one can really see what is going on and I can do that from the comfort of my room without anybody judging me or otherwise but the same cannot be said again as not the threat only coming from government alone but sites have started asking for verifications, with the implementation of KYCs then I see a shift happening soon.
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