ajareselde
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Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
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January 21, 2016, 09:27:02 PM |
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bitcoin is a digital currency so its perfect for an online casino but for a physical casino, i dont think so. i can't imagine myself betting on it and wait for hours for my transaction to be confirmed. the transaction time will be a problem. just let bitcoin casinos on online  Why do you think you would have to wait for hours ? It should be the same as paying for any other service with bitcoin. With third party as bitpay it would be near instant. The risk of scam attempts isn't great, because you would have to probably wait 3 confirmations or so before cashing out from casino, and that would happen while you're playing anyways. Casinos with bitcoin support is actually a very good idea. |
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darkangel11
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Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
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January 21, 2016, 09:29:38 PM |
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if bitcoin in physical form what it would be like gold, it is difficult to imagine forms of physical bitcoin  There are already physical bitcoins on the market, google it. A physical coin has a private address hidden somewhere inside and you can enter it manually or scan it with a phone to use the money. Yeah but this is pretty pointless beyond a collectable item or something. The main point of Bitcoin is to have property and value in a decentralized, digital way. Doing this into physical coins has no sense, unless the materials and design is cool and like I said before, it has an extra collectible value (the Casacius coins are way more expensive than their equivalent in actual BTC). For example 1BTC Casacius coin is more expensive than 1BTC to buy. Yes, but it is normal because it not only has 1BTC inside but it also has an additional physical feature. It's like adding a feature to fiat money by imprinting it on a golden paper. It will not only have its own value but also the value of gold it is on. |
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Sir_lagsalot
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January 21, 2016, 09:35:17 PM |
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Not a good idea. I don't want to spend my time scanning qr codes and waiting for my transactions to confirm. Maybe if you could buy chips with our bitcoin, that'll be alot more efficient and attracting.
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darkangel11
Legendary
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Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
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January 21, 2016, 09:45:52 PM |
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Not a good idea. I don't want to spend my time scanning qr codes and waiting for my transactions to confirm. Maybe if you could buy chips with our bitcoin, that'll be alot more efficient and attracting.
This is the only way. Physical Bitcoins are so valuable that people would surely try to steal them. The casino owner would have to be more worried about thieves than of a skilled player breaking the bank. |
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pereira4 (OP)
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Activity: 1610
Merit: 1183
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January 23, 2016, 06:31:29 PM |
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bitcoin is a digital currency so its perfect for an online casino but for a physical casino, i dont think so. i can't imagine myself betting on it and wait for hours for my transaction to be confirmed. the transaction time will be a problem. just let bitcoin casinos on online Why do you think you would have to wait for hours ? It should be the same as paying for any other service with bitcoin. With third party as bitpay it would be near instant. The risk of scam attempts isn't great, because you would have to probably wait 3 confirmations or so before cashing out from casino, and that would happen while you're playing anyways. Casinos with bitcoin support is actually a very good idea. I think we just need to wait for additional layers like lightning network to appear so we can deal with insane levels of instant transaction volume, until then it's not a really good idea, but it's a good business in my book, i think someone sooner or later will do this, or an arcade room, something like this that runs on Bitcoin. |
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2legit2
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February 16, 2016, 04:50:30 PM |
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pretty good idea, just only if they would give tokens for bitcoins, otherwise it would take too long
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vendetahome
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March 14, 2016, 04:28:48 PM |
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Has anyone considered this yet? A in-real-life Bitcoin casino with Bitcoin machines where you can scan QR codes on them and deposit your BTC on there and start playing. I think it would be pretty cool, no longer would have to deal with annoying coins which are always dirty and are pretty disgusting to touch specially while you are eating/drinking while you play. The machines would be able to do things normal machines can't do, and stealing funds from the casino would be next to impossible since there are no physical money to stuff, it's all digital and encrypted.
Who will be the first person to start a successful physical Bitcoin business?
this might be good idea, just better would be if you could scan code to get tokens, otherwise it would be just too hard to pay, because scanning and placing bet would take time, and in game like roulette, you don't have lots of free time, but might be real in future |
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bering
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Activity: 2940
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
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March 15, 2016, 09:45:37 AM |
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that would be great idea but the biggest problem on my country is casino are illegal and impossible to built physical Bitcoin casino also that's impossible for me if i want do a gambling use my bitcoin i must be go out of my country because physical Bitcoin casino are not available on my country
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phibay
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March 16, 2016, 08:11:00 PM |
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Hmmm...this could be fun, but only for the first time. It's kind of like wasting a trip to the casino when you can just gamble online in the comfort of your own home. What if you want to withdraw your coins and go to another machine and use them? You'd have to wait for the confirmation to come through in order to deposit onto the next machine and start playing.
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crairezx20
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Activity: 1638
Merit: 1046
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March 16, 2016, 10:04:12 PM |
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I think this could really happen, the question is why should it not be possible, you can just change your bitcoins for some poker chips instead right ?
This idea is not so bad in my opinion, I even think its pretty cool if this can be accomplished.
Overall the idea is in my opinion pretty cool but its need local players that now the bitcoin first otherwise it would simply fail without a doubt.
yeah you right that instead using bitcoin to transact it or to bet it its better to use a poker chip so that no need to wait for the transaction after confirm.. This great idea.. but for me its better to play in online using bitcoin.. |
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adaseb
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Activity: 3878
Merit: 1733
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March 17, 2016, 12:38:08 AM |
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Its not a bad idea and who knows maybe one day it will be added to real life casinos
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adibe
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March 17, 2016, 01:03:45 AM |
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Actually it's a good idea though, maybe someday a rich man make a casino for Physical bitcoins casino. I'm sure it will popular so fast, and so many people around the world will go to your bitcoin casino.
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BlockEye
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Bounty Mngr & Article Writer https://goo.gl/p4Agsh
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March 17, 2016, 02:15:01 AM |
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In my country there's a lot of computer shops that turned their business to electronic games using same computers but no more of those RPG's, just online casino stuff, maybe if they accept payment to start playing and funding using Bitcoins that would be a good start.
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BTCevo
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Activity: 1834
Merit: 1008
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March 17, 2016, 08:00:04 AM |
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Actually it's a good idea though, maybe someday a rich man make a casino for Physical bitcoins casino. I'm sure it will popular so fast, and so many people around the world will go to your bitcoin casino.
Why should anyone make physical bitcoin just for gambling? I think you need a lot of bag to carry just that chip. There is no way physical bitcoin will implement in this world because using bitcoin wallet to become anonymous is pretty good enough so physical bitcoin will just wasted and make it harder |
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lrdeoliveira
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March 17, 2016, 08:55:21 AM |
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I's a good idea if Bitcoin transaction can be completed in a matter of seconds and if they will accept bet after 1 transaction. Imagine yourself sitting in front of a slot machine and you want to play so you pull out your smart phone to scan the QR code and then wait for 1 transaction, that's a big hassle right? Unless Casino accepts Bitcoin as payments for chips and token, i'll be happy to fall in line.
One can end up waiting hours for one confirmation... And if the machines are whit a sistem like satoshimines, where you deposit and your balance show up immediately but you can whitdraw only when transaction gets confirmed? |
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marioantonini
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Activity: 2156
Merit: 1082
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March 17, 2016, 09:27:32 AM |
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I's a good idea if Bitcoin transaction can be completed in a matter of seconds and if they will accept bet after 1 transaction. Imagine yourself sitting in front of a slot machine and you want to play so you pull out your smart phone to scan the QR code and then wait for 1 transaction, that's a big hassle right? Unless Casino accepts Bitcoin as payments for chips and token, i'll be happy to fall in line.
One can end up waiting hours for one confirmation... And if the machines are whit a sistem like satoshimines, where you deposit and your balance show up immediately but you can whitdraw only when transaction gets confirmed? more online casino have this option (i remember directbet for casino and sport booking) but in real life not is a good idea. I have worked in a bar, with slot machine and players like have win immediatly, with bitcoin, more time wait already 30 minute and more for have the first confirm |
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BitMaxz
Legendary
 Online
Activity: 3430
Merit: 3165
Playbet.io - Crypto Casino and Sportsbook
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March 17, 2016, 09:32:44 AM |
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This is a great idea, yeah we know the transaction is not so instant but you can try use physical bitcoin as chips instead waiting for transaction..
So you can play fast than waiting the transaction before you start to play..
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aakashsangwan
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March 17, 2016, 09:51:34 AM |
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I's a good idea if Bitcoin transaction can be completed in a matter of seconds and if they will accept bet after 1 transaction. Imagine yourself sitting in front of a slot machine and you want to play so you pull out your smart phone to scan the QR code and then wait for 1 transaction, that's a big hassle right? Unless Casino accepts Bitcoin as payments for chips and token, i'll be happy to fall in line.
One can end up waiting hours for one confirmation... Ya it is right creating bitcoin casino instead we can create of Bitcoin payment option for buying chips and token to play physical casino , this will be more easy and fast. I am also waiting for this. |
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Altynbekova
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March 17, 2016, 08:43:15 PM |
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I's a good idea if Bitcoin transaction can be completed in a matter of seconds and if they will accept bet after 1 transaction. Imagine yourself sitting in front of a slot machine and you want to play so you pull out your smart phone to scan the QR code and then wait for 1 transaction, that's a big hassle right? Unless Casino accepts Bitcoin as payments for chips and token, i'll be happy to fall in line.
One can end up waiting hours for one confirmation... Ya it is right creating bitcoin casino instead we can create of Bitcoin payment option for buying chips and token to play physical casino , this will be more easy and fast. I am also waiting for this. Indeed, I think this can really happen, you only need players that are into bitcoin or you should just as a casino accept the bitcoin but also the normal cash that people can exchange to the bitcoin. This would be pretty nice because so get people attracted right ? |
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