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Author Topic: Gambling and Bitcoin?  (Read 10317 times)
torrentheaven
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April 15, 2016, 05:18:28 PM
 #81

Gambling with bitcoin is fun and the best way to  gamble,  as  you can gamble even with a small amount and there is no involvement of third party into it.
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April 16, 2016, 12:16:24 AM
 #82

Gambling and bitcoin both are two different things, bitcoin is a currency and is used for anything the same as other currencies, and gambling is just betting your money wealth no matter in what form is it.

You are right about that and there's no argue about that. Bitcoin is like any other currency, just a bit better in my opinion. For me and many others things are much easier now when we have bitcoins.
Bitcoin have many advantages and offers from casinos are much better then in casinos with other currencies.
For me bitcoin is perfect currency for many things, I found fun in gambling. Without bitcoin I would never know for many things.
When I started to gamble with bitcoins I stopped to gamble with "real" money. And I can say that I will never quit, I enjoy playing for bitcoins.

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April 16, 2016, 01:54:03 PM
 #83

I've made quite some posts and read even more threads. Which made me think about the combination of Bitcoin and Gambling.

Is it ok to gamble with bitcoin? Last year we've seen a lot of scams and 'hacks'. Fact is that most of them are either made up by the devs or done by scammers whom use bitcoin's anonimity.

Pro
Let's be honest, Gambling is fun, but Bitcoin it is also very easy?

Con
Look at some dice sites, cloud mining sites that ust dissapeared with consumers money.

Since it is about money I am interested in your opintion, Is the combination of gambling and Bitcoin good?
I suggest you to add on PRO that you can easily double triple or make your bitcoin more easily in just a few minutes or hours. And add on CON about how high the risks in gambling.


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BitcoinHodler
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April 16, 2016, 03:11:00 PM
 #84

I've made quite some posts and read even more threads. Which made me think about the combination of Bitcoin and Gambling.

Is it ok to gamble with bitcoin? Last year we've seen a lot of scams and 'hacks'. Fact is that most of them are either made up by the devs or done by scammers whom use bitcoin's anonimity.

Pro
Let's be honest, Gambling is fun, but Bitcoin it is also very easy?

Con
Look at some dice sites, cloud mining sites that ust dissapeared with consumers money.

Since it is about money I am interested in your opintion, Is the combination of gambling and Bitcoin good?

there are a lot more Pros than what you write here, bitcoin makes it easier to gamble, you don't need your bank and country rules to interfere with your gambling because it is anonymous.
also there is a lot of different games you can play all online with bitcoin which give a lot of variety to choose from.

and you con is not exactly a con because you can always check their reputation and then invest bitcoin and withdraw after playing.

Holding Bitcoin More Every Day
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April 16, 2016, 04:22:35 PM
 #85

I've made quite some posts and read even more threads. Which made me think about the combination of Bitcoin and Gambling.

Is it ok to gamble with bitcoin? Last year we've seen a lot of scams and 'hacks'. Fact is that most of them are either made up by the devs or done by scammers whom use bitcoin's anonimity.

Pro
Let's be honest, Gambling is fun, but Bitcoin it is also very easy?

Con
Look at some dice sites, cloud mining sites that ust dissapeared with consumers money.

Since it is about money I am interested in your opintion, Is the combination of gambling and Bitcoin good?
For the pro, you could earn up to double / triple of your money. Gambling is the fastest way to get rich.

The cons is that if you gamble and you lose, you usually lose control of yourself and keep playing to return your lost money. You could go bankrupt.
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April 17, 2016, 12:01:53 AM
 #86

Gambling is one way to earn bitcoin. Actually other or many bitcoiner treating gambling as their main source of earning bitcoin. Plus the advantage of using bitcoin in gambling is you dont need to provide your identity.
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April 17, 2016, 12:38:37 AM
 #87

Gambling is one way to earn bitcoin. Actually other or many bitcoiner treating gambling as their main source of earning bitcoin. Plus the advantage of using bitcoin in gambling is you dont need to provide your identity.

I think you understood wrongly that many bitcoiners are earning lot of bitcoins from gambling, if that is true then by now most of the gambling sites should have been closed. But the actual thing is, most of the gamblers use bitcoins because they can gamble conveniently from home without disclosing any identity. Gambling is not the way to earn bitcoins but it is meant for fun and entertainment.
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April 18, 2016, 02:18:06 PM
 #88

I think that it will work well together as you can see now you see that the using in gambling is now rising up and that is nice because it will be the future payment method.
The only thing is that now more people are realizing that gambling is bad to do so there are now not many gamblers.
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April 19, 2016, 03:12:52 PM
 #89

The combination of gambling and bitcoin is a great thing that has happened. The fact that you can use bitcoins at some of these gambling site gives Bitcoin much recognition and this is of course good for Bitcoin.
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April 19, 2016, 04:35:03 PM
 #90

Gambling and bitcoin both are two different things, bitcoin is a currency and is used for anything the same as other currencies, and gambling is just betting your money wealth no matter in what form is it.
the point is simple thing like bitcoin can be worth same and maybe better than money,its why gambling site so happy and welcome to accept bitcoin as gambling object,i just see this side.
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April 19, 2016, 09:29:10 PM
 #91

Gambling and bitcoin both are two different things, bitcoin is a currency and is used for anything the same as other currencies, and gambling is just betting your money wealth no matter in what form is it.
the point is simple thing like bitcoin can be worth same and maybe better than money,its why gambling site so happy and welcome to accept bitcoin as gambling object,i just see this side.

Gambling is definitely business which help Bitcoin and Bitcoin help Gambling. It`s pretty easy and there is a anonymity if someone preffer it.
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April 20, 2016, 12:40:29 AM
 #92

Gambling and bitcoin both are two different things, bitcoin is a currency and is used for anything the same as other currencies, and gambling is just betting your money wealth no matter in what form is it.
the point is simple thing like bitcoin can be worth same and maybe better than money,its why gambling site so happy and welcome to accept bitcoin as gambling object,i just see this side.

Gambling is definitely business which help Bitcoin and Bitcoin help Gambling. It`s pretty easy and there is a anonymity if someone preffer it.

Yup, btc has too many usage. And in order for btc to outshine the other currency, it must have an area where the other currency cant do it and it is the cash transaction in private so things like illegal items, tax evasion, fast transaction will thrive first in btc as people will tends to adopt btc in order to enjoy all these exclusive. However, we need to move away from this so that btc will have more uses.
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April 20, 2016, 01:17:15 AM
 #93

Gambling and bitcoin both are two different things, bitcoin is a currency and is used for anything the same as other currencies, and gambling is just betting your money wealth no matter in what form is it.
the point is simple thing like bitcoin can be worth same and maybe better than money,its why gambling site so happy and welcome to accept bitcoin as gambling object,i just see this side.

Gambling is definitely business which help Bitcoin and Bitcoin help Gambling. It`s pretty easy and there is a anonymity if someone preffer it.

Yup, btc has too many usage. And in order for btc to outshine the other currency, it must have an area where the other currency cant do it and it is the cash transaction in private so things like illegal items, tax evasion, fast transaction will thrive first in btc as people will tends to adopt btc in order to enjoy all these exclusive. However, we need to move away from this so that btc will have more uses.
Majority users of bitcoins use their coins in some illegal activities especially in gambling. There are some established gambling sites that ban countries with restrictions on betting but using bitcoin you can find other gambling sites that has no country restrictions. 
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April 20, 2016, 03:11:05 AM
 #94

Since the nature of these two topics, the audience taking part in these two markets and the potential to earn and lose, i do believe these two, Bitcoin and Gambling are just the perfect match

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April 20, 2016, 12:36:13 PM
 #95

Since the nature of these two topics, the audience taking part in these two markets and the potential to earn and lose, i do believe these two, Bitcoin and Gambling are just the perfect match

Bitcoin can go with any online payment service, not just gambling.
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April 28, 2016, 06:03:28 AM
 #96

Since the nature of these two topics, the audience taking part in these two markets and the potential to earn and lose, i do believe these two, Bitcoin and Gambling are just the perfect match

Bitcoin can go with any online payment service, not just gambling.
Yes I agree, however I would like to say this that base on my observation most of the users of bitcoin is from the gambling industry. This gambling and bitcoin plays hand in hand to improve their industries both the gambling and the crypto currency industry.
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April 28, 2016, 06:08:02 AM
 #97

Since the nature of these two topics, the audience taking part in these two markets and the potential to earn and lose, i do believe these two, Bitcoin and Gambling are just the perfect match

Bitcoin can go with any online payment service, not just gambling.

You are right bitcoin and gambling different. Gambling for the payment and gambling for gamble
But to play in gambling you need to deposit bitcoin there to play.
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April 28, 2016, 06:45:21 AM
 #98

Gambling and bitcoin both are two different things, bitcoin is a currency and is used for anything the same as other currencies, and gambling is just betting your money wealth no matter in what form is it.
the point is simple thing like bitcoin can be worth same and maybe better than money,its why gambling site so happy and welcome to accept bitcoin as gambling object,i just see this side.

Gambling is definitely business which help Bitcoin and Bitcoin help Gambling. It`s pretty easy and there is a anonymity if someone preffer it.

yeah, i think that is a good description of the relationship between gambling and bitcoin.

bitcoin is an excellent way of gambling because it is cheap to deposit and withdraw because of the fees, even if you are investing small or big amounts.

and also gambling can make bitcoin more popular because it is a way of spending bitcoin on a service after all.

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April 28, 2016, 07:14:37 AM
 #99

Gambling and bitcoin both are two different things, bitcoin is a currency and is used for anything the same as other currencies, and gambling is just betting your money wealth no matter in what form is it.

yeah, you are true bitcoin is a currency and is used in gambling like other currency, and we can bet with any currency at gambling, but the problem with other currencies is that, we will not be remain anonymous and we will come into notice that we are also on gambling and so going at there for some famous persons becomes hard, while with bitcoin everyone can go to gambling even the president of a country.
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April 28, 2016, 08:32:01 AM
 #100

Gambling and bitcoin both are two different things, bitcoin is a currency and is used for anything the same as other currencies, and gambling is just betting your money wealth no matter in what form is it.

yeah, you are true bitcoin is a currency and is used in gambling like other currency, and we can bet with any currency at gambling, but the problem with other currencies is that, we will not be remain anonymous and we will come into notice that we are also on gambling and so going at there for some famous persons becomes hard, while with bitcoin everyone can go to gambling even the president of a country.
Correction bitcoin is not a currency. is just a crypto currency or ecurrency you should exchange the ecurrency first before you can gamble it for compatible sites if you use bitcoin you should gamble it in bitcoin gambling sites not on usd gambling..
And i think its more fun and bitcoin because more gambling sites are related in bitcoin unlike in usd.. you need to buy credits instead of usd before you gamble..
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