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Author Topic: Bitcoin Gambling is Exploding  (Read 18020 times)
lrdeoliveira
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April 27, 2016, 01:50:10 PM
 #221

Given the good supply of good sites like BitDice, betking, moneypot, primedice, bitcasino,... this is no surprise. Bitcoin gambling makes the whole process so easy compared to fiat gambling.

yes, and what i like most it's the speed. You can play in seconds on blockchain-based games
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April 27, 2016, 01:56:32 PM
 #222

Given the good supply of good sites like BitDice, betking, moneypot, primedice, bitcasino,... this is no surprise. Bitcoin gambling makes the whole process so easy compared to fiat gambling.

yes, and what i like most it's the speed. You can play in seconds on blockchain-based games

What's your favorite on-chain game? I prefer LuckyBit personally.

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teilwalL05
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April 27, 2016, 02:03:06 PM
 #223

Given the good supply of good sites like BitDice, betking, moneypot, primedice, bitcasino,... this is no surprise. Bitcoin gambling makes the whole process so easy compared to fiat gambling.

Yes they had made it an easy and quick for making many players in this way they will definitely will have a great number of players in the first place because there are a lot who is playing with real casino gambling just transfer their interest in site gambling because they can access it on the comfort of their homes!
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April 27, 2016, 02:21:38 PM
 #224

The Bitcoin gambling experience is a very unique one. Never before in history we were able to gamble with people all over the world outside of the financial system as we know it. No matter where you are you can start playing poker with people all over the world and this is so fantastic for anyone that loves to play and gamble without any restrictions, in some countries it's hell trying to to gamble, so I think bitcoin will get all that money from those people and convert it into a leading market.
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April 27, 2016, 02:30:09 PM
 #225

I am curious where this information is coming from? Is there any solid proof and with that i mean numbers etc?
Most markets growing which is good, but exploding?
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April 27, 2016, 02:57:30 PM
 #226

I am curious where this information is coming from? Is there any solid proof and with that i mean numbers etc?
Most markets growing which is good, but exploding?

I would like to see this too. I don't see any significat growth over other industries. To me it is just a way to create a hype where there is nothing unusual.

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April 27, 2016, 03:41:56 PM
 #227

I am curious where this information is coming from? Is there any solid proof and with that i mean numbers etc?
Most markets growing which is good, but exploding?

I would like to see this too. I don't see any significat growth over other industries. To me it is just a way to create a hype where there is nothing unusual.

there may not be any insignificant data but as a investor in moneypot, i have seen that this 2 months, the amount of bet is increased by a lot as compare to last year.
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April 28, 2016, 11:35:53 AM
 #228

Given the good supply of good sites like BitDice, betking, moneypot, primedice, bitcasino,... this is no surprise. Bitcoin gambling makes the whole process so easy compared to fiat gambling.

yes, and what i like most it's the speed. You can play in seconds on blockchain-based games
You see already indeed that Bitcoin is getting more popular and that the value is going to rise and that makes it also more used so that is perfect for the future and Bitcoin.
The only thing that have to change is the value I think.
teilwalL05
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April 28, 2016, 11:51:52 AM
 #229

Given the good supply of good sites like BitDice, betking, moneypot, primedice, bitcasino,... this is no surprise. Bitcoin gambling makes the whole process so easy compared to fiat gambling.

yes, and what i like most it's the speed. You can play in seconds on blockchain-based games
You see already indeed that Bitcoin is getting more popular and that the value is going to rise and that makes it also more used so that is perfect for the future and Bitcoin.
The only thing that have to change is the value I think.

Yes! and that alone makes bitcoin really awesome, that is why the government really wants to get bitcoin in control for their own purpose only and that is cynical of them to keep on tracking down satoshi and giving any leads for the persons whereabouts.
pereira4
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April 28, 2016, 02:17:57 PM
 #230

I think that if a gambling business manages to establish itself and be consistent with a good service and no stories of getting hacked in the past, scams and so on, and they resist until Bitcoin becomes mainstream, all the people will gamble on those sites and the owners will become pioneers in the field and therefore millionaires. I think PrimeDice is on a good track to achieve that. I hope they do sig campaigns in the future again since they paid the highest ever.
teilwalL05
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April 28, 2016, 02:26:52 PM
 #231

I think that if a gambling business manages to establish itself and be consistent with a good service and no stories of getting hacked in the past, scams and so on, and they resist until Bitcoin becomes mainstream, all the people will gamble on those sites and the owners will become pioneers in the field and therefore millionaires. I think PrimeDice is on a good track to achieve that. I hope they do sig campaigns in the future again since they paid the highest ever.

Well I wish so that they will do a signature campaign again because many people are helped by signature campaign experiencing the quality and service of bitcoin and that will surely keeps people from getting involve in bitcoin.
AsaroUk
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April 28, 2016, 04:53:23 PM
 #232

I think that if a gambling business manages to establish itself and be consistent with a good service and no stories of getting hacked in the past, scams and so on, and they resist until Bitcoin becomes mainstream, all the people will gamble on those sites and the owners will become pioneers in the field and therefore millionaires. I think PrimeDice is on a good track to achieve that. I hope they do sig campaigns in the future again since they paid the highest ever.

Well I wish so that they will do a signature campaign again because many people are helped by signature campaign experiencing the quality and service of bitcoin and that will surely keeps people from getting involve in bitcoin.
As you can see now you see also that Bitcoin is getting more used for gambling and that is because it is quite easy to gamble with it because it is digital money.
And more people will get also more about it and that is perfect for the future, because we make it more popular now.
goldcoinminer
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April 29, 2016, 01:23:21 AM
 #233

I think that if a gambling business manages to establish itself and be consistent with a good service and no stories of getting hacked in the past, scams and so on, and they resist until Bitcoin becomes mainstream, all the people will gamble on those sites and the owners will become pioneers in the field and therefore millionaires. I think PrimeDice is on a good track to achieve that. I hope they do sig campaigns in the future again since they paid the highest ever.

Well I wish so that they will do a signature campaign again because many people are helped by signature campaign experiencing the quality and service of bitcoin and that will surely keeps people from getting involve in bitcoin.
As you can see now you see also that Bitcoin is getting more used for gambling and that is because it is quite easy to gamble with it because it is digital money.
And more people will get also more about it and that is perfect for the future, because we make it more popular now.
If we continue to patronize bitcoin then the adoption will be big with the majority, most of the early adopters of bitcoin are those gamblers, they use it in dice gambling sites and even sports betting. Sports gambling is a huge industry and apparently majority of the sports book today accept bitcoin so I can say the future is bright for bitcoin gambling.
teilwalL05
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April 29, 2016, 01:13:46 PM
 #234

I think that if a gambling business manages to establish itself and be consistent with a good service and no stories of getting hacked in the past, scams and so on, and they resist until Bitcoin becomes mainstream, all the people will gamble on those sites and the owners will become pioneers in the field and therefore millionaires. I think PrimeDice is on a good track to achieve that. I hope they do sig campaigns in the future again since they paid the highest ever.

Well I wish so that they will do a signature campaign again because many people are helped by signature campaign experiencing the quality and service of bitcoin and that will surely keeps people from getting involve in bitcoin.
As you can see now you see also that Bitcoin is getting more used for gambling and that is because it is quite easy to gamble with it because it is digital money.
And more people will get also more about it and that is perfect for the future, because we make it more popular now.
If we continue to patronize bitcoin then the adoption will be big with the majority, most of the early adopters of bitcoin are those gamblers, they use it in dice gambling sites and even sports betting. Sports gambling is a huge industry and apparently majority of the sports book today accept bitcoin so I can say the future is bright for bitcoin gambling.

yup! you are right, gambling is now in demand in the bitcoin world and it is a source where the bitcoin community is getting big, and now that bitcoin has many purposed in life in every people bitcoin is now a currency that you can rely on!
goldcoinminer
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May 01, 2016, 08:07:19 AM
 #235

I think that if a gambling business manages to establish itself and be consistent with a good service and no stories of getting hacked in the past, scams and so on, and they resist until Bitcoin becomes mainstream, all the people will gamble on those sites and the owners will become pioneers in the field and therefore millionaires. I think PrimeDice is on a good track to achieve that. I hope they do sig campaigns in the future again since they paid the highest ever.

Well I wish so that they will do a signature campaign again because many people are helped by signature campaign experiencing the quality and service of bitcoin and that will surely keeps people from getting involve in bitcoin.
As you can see now you see also that Bitcoin is getting more used for gambling and that is because it is quite easy to gamble with it because it is digital money.
And more people will get also more about it and that is perfect for the future, because we make it more popular now.
If we continue to patronize bitcoin then the adoption will be big with the majority, most of the early adopters of bitcoin are those gamblers, they use it in dice gambling sites and even sports betting. Sports gambling is a huge industry and apparently majority of the sports book today accept bitcoin so I can say the future is bright for bitcoin gambling.

yup! you are right, gambling is now in demand in the bitcoin world and it is a source where the bitcoin community is getting big, and now that bitcoin has many purposed in life in every people bitcoin is now a currency that you can rely on!
The gamblers support especially those who gamble regularly helps the price of the bitcoin to be stable and even rise in value. Now, that more and more casinos are opening and other casinos who already adopted bitcoin then we can expect a good competition among them. Especially in sportsbook they are gonna offer a competitive odds for the punters.
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May 01, 2016, 07:16:03 PM
 #236

now it has chance to really explode,uk regulators whant to allow gamble with bitcoin
uk citzens are spending more than 1 bln pounds on slots offline gambling
it is crazy,but gamling is tax free in uk
http://www.coindesk.com/isle-of-man-bitcoin-gambling/

 
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May 01, 2016, 09:13:20 PM
 #237

Many gambling sites are being made thinking they can make profit because house always win and the addiction into gambling is being rised. Gamblers also prefer gambling with bitcoin because you dont need to go outside and play in casino hotel. All you need is phone/pc and internet connection and of course some btc to play.
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May 01, 2016, 11:01:11 PM
 #238

Was to be expected to happen right? I mean, in countries where gambling is illegal, bitcoin offers the perfect solution without any direct traces to your fiat accounts.

What I like most though, is the possibility for relatively trustless betting (e.g. you send coins to an address for a bet), where you don't even need to have an account at a certain website (yeah, it is gonna be slower though).

Also deposits and payments, expecially for large amounts, are much easier than with fiat as hardly any verificications are required.
Plus, no more tax! It's waaaay easier to gamble online using bitcoin instead of going to the casino, turning the money to chips, placing the bet, turning the money back, just to lose the money [most likely] and going back home. Why do that, when you can do it in the ease of your bedroom? It's so easy, and you can choose what game you want to do, nearly instantly. Why wouldn't you do online gambling?


The thing about gambling being illegal in some countries also incentivizes online gambling with bitcoin, and its pseudoanonymity.

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May 02, 2016, 03:49:49 AM
 #239

Was to be expected to happen right? I mean, in countries where gambling is illegal, bitcoin offers the perfect solution without any direct traces to your fiat accounts.

What I like most though, is the possibility for relatively trustless betting (e.g. you send coins to an address for a bet), where you don't even need to have an account at a certain website (yeah, it is gonna be slower though).

Also deposits and payments, expecially for large amounts, are much easier than with fiat as hardly any verificications are required.
Plus, no more tax! It's waaaay easier to gamble online using bitcoin instead of going to the casino, turning the money to chips, placing the bet, turning the money back, just to lose the money [most likely] and going back home. Why do that, when you can do it in the ease of your bedroom? It's so easy, and you can choose what game you want to do, nearly instantly. Why wouldn't you do online gambling?


The thing about gambling being illegal in some countries also incentivizes online gambling with bitcoin, and its pseudoanonymity.
That's also the biggest benefit of using bitcoin cause we can avoid taxes impose but the government. By just giving a little fees we are helping the bitcoin community to be more stable than giving our taxes to the government where we are doubtful of their spending transparency.
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May 02, 2016, 04:46:00 AM
 #240

Good article that was on point. For instance I used to gamble out in the real world but have stopped that a long time ago so on occasions I do try to gamble using BTCitcoin, in which does really ease the whole process and eliminates the need to worry for regulations imposed by different governments and now I see why every other month, a new gambling site pops out that uses BTCitcoin as their payment option.

On a side note: Those that use local wallets, some of them will seize your earnings if they found out it was from a gambling sites.

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