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Author Topic: Bitcoin Gambling is Exploding  (Read 18020 times)
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May 12, 2016, 02:05:54 AM
 #341

IMO gambling is the bitcoin killer app. esp when USA banned gambling Wink

yolo
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May 12, 2016, 02:31:02 AM
 #342

Using bitcoin to gamble makes it very convenient.  It's easy to transfer money and you can get around the legalities easily.  In fact, gambling could be a niche for bitcoin's longer term success.

I agree with you, with bitcoin most of the gamblers doesn't need to go to physical casinos just to play and gamble their. But with bitcoin they can easily gamble even to their houses through online and using bitcoin as their currency.
That's the beauty of bitcoins, it gives us the opportunity to gamble at our own home and at our desired time. With the presence of the online casinos now, we can bet of different gambling types, like poker, blackjack and my favorite sports betting.
lol where have you been? online casinos already exist since over 20 years ago in 1994 if i remember correctly.

you can gamble at your own home since 1994-1995 , you don't need to go to bar to spin the slots. it is not the main goal of bitcoin in gambling industry.

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May 12, 2016, 08:55:49 AM
 #343

Using bitcoin to gamble makes it very convenient.  It's easy to transfer money and you can get around the legalities easily.  In fact, gambling could be a niche for bitcoin's longer term success.

I agree with you, with bitcoin most of the gamblers doesn't need to go to physical casinos just to play and gamble their. But with bitcoin they can easily gamble even to their houses through online and using bitcoin as their currency.
That's the beauty of bitcoins, it gives us the opportunity to gamble at our own home and at our desired time. With the presence of the online casinos now, we can bet of different gambling types, like poker, blackjack and my favorite sports betting.
lol where have you been? online casinos already exist since over 20 years ago in 1994 if i remember correctly.

you can gamble at your own home since 1994-1995 , you don't need to go to bar to spin the slots. it is not the main goal of bitcoin in gambling industry.
Maybe he is referring to his country cause I am pretty sure that in US or other developed countries it is easy for the citizens to gamble online. In 3rd world country there is not much of a gambling site and that is illegal in that country.
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May 12, 2016, 05:49:03 PM
 #344

Bitcoin is getting more popular as payment method and that is nice for the future because the world is also getting more digital so that is perfect for the Bitcoin.
And many people see also Bitcoin as a payment method and not as an investment so that is nice.
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May 12, 2016, 07:44:04 PM
 #345

Using bitcoin to gamble makes it very convenient.  It's easy to transfer money and you can get around the legalities easily.  In fact, gambling could be a niche for bitcoin's longer term success.

I agree with you, with bitcoin most of the gamblers doesn't need to go to physical casinos just to play and gamble their. But with bitcoin they can easily gamble even to their houses through online and using bitcoin as their currency.
That's the beauty of bitcoins, it gives us the opportunity to gamble at our own home and at our desired time. With the presence of the online casinos now, we can bet of different gambling types, like poker, blackjack and my favorite sports betting.
lol where have you been? online casinos already exist since over 20 years ago in 1994 if i remember correctly.

you can gamble at your own home since 1994-1995 , you don't need to go to bar to spin the slots. it is not the main goal of bitcoin in gambling industry.

I guess India doesnt allow their users to gambling i dont know why they dont do that,soo there are some people here just working with bitcoin and maybe selling their coins for there local currency,why to block gambling and let drugs? Wouldnt be better to make the opost ,anyway the thing is gambling can ruin life faster then anything,and its true that bitcoin gambling is getting a lot investement as supporters .
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May 12, 2016, 08:16:47 PM
 #346

Using bitcoin to gamble makes it very convenient.  It's easy to transfer money and you can get around the legalities easily.  In fact, gambling could be a niche for bitcoin's longer term success.

I agree with you, with bitcoin most of the gamblers doesn't need to go to physical casinos just to play and gamble their. But with bitcoin they can easily gamble even to their houses through online and using bitcoin as their currency.
That's the beauty of bitcoins, it gives us the opportunity to gamble at our own home and at our desired time. With the presence of the online casinos now, we can bet of different gambling types, like poker, blackjack and my favorite sports betting.
lol where have you been? online casinos already exist since over 20 years ago in 1994 if i remember correctly.

you can gamble at your own home since 1994-1995 , you don't need to go to bar to spin the slots. it is not the main goal of bitcoin in gambling industry.

I guess India doesnt allow their users to gambling i dont know why they dont do that,soo there are some people here just working with bitcoin and maybe selling their coins for there local currency,why to block gambling and let drugs? Wouldnt be better to make the opost ,anyway the thing is gambling can ruin life faster then anything,and its true that bitcoin gambling is getting a lot investement as supporters .

Bitcoin is very good solution for the gambling industry, but not for governments.
Gambling in USA is biggest market than NBA, NHL and NFL together. Bitcoin can make that government will lost control over the biggest market - it is impossible.
Casinos are affraid that when implement Bitcoin will have more control from government. That is the greatest barrier for Bitcoin in gambling industry at the moment.


 

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May 12, 2016, 08:35:01 PM
 #347

Indeed you can really see that the bitcoin is gonna rise for sure these days, this is also because of the fact these days the gambling with bitcoin scene is getting bigger by day.
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May 13, 2016, 01:17:43 AM
 #348

Indeed you can really see that the bitcoin is gonna rise for sure these days, this is also because of the fact these days the gambling with bitcoin scene is getting bigger by day.
Fact! That is what is going on with the bitcoin and gambling community, the gambling industries have the most massive use of bitcoins because of the benefits they get by using it that they were not able to get betting on established online casino who does not accept bitcoin for wagering.
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May 13, 2016, 02:34:44 AM
 #349

Indeed you can really see that the bitcoin is gonna rise for sure these days, this is also because of the fact these days the gambling with bitcoin scene is getting bigger by day.
Fact! That is what is going on with the bitcoin and gambling community, the gambling industries have the most massive use of bitcoins because of the benefits they get by using it that they were not able to get betting on established online casino who does not accept bitcoin for wagering.
bitcoin is the easiest method to deposit and play in online casino , even common people would not hard to use bitcoin.
not surprising actually if casino that accept bitcoin popping up massively.
it would be surprising if an established online casino like pokerstars/bet365 accepted bitcoin.

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May 13, 2016, 02:58:47 AM
 #350

Indeed you can really see that the bitcoin is gonna rise for sure these days, this is also because of the fact these days the gambling with bitcoin scene is getting bigger by day.
Fact! That is what is going on with the bitcoin and gambling community, the gambling industries have the most massive use of bitcoins because of the benefits they get by using it that they were not able to get betting on established online casino who does not accept bitcoin for wagering.
bitcoin is the easiest method to deposit and play in online casino , even common people would not hard to use bitcoin.
not surprising actually if casino that accept bitcoin popping up massively.
it would be surprising if an established online casino like pokerstars/bet365 accepted bitcoin.
They would accept in the future because if they will continue of not adopting bitcoin then they will lose their clients. As gamblers we need a gambling site where we can get most of the benefits, like fast deposits/withdrawals with less charges.
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May 13, 2016, 04:20:34 AM
 #351

if all the gambling sites accept bitcoin, especially if some of the biggest gambling sites accept bitcoin. bitcoin gambling likely will explode.
and also supported by the use bitcoin are anonymous, easy and low cost.
but i'm doubt for physical gambling house will accept bitcoin as payment method because some rich people more likely to gambling by visiting gambling house not online gambling sites and spend the night with gambling until morning

I read that Bitcoin payments are already possible in Las Vegas, some of the oldest and most reputable casinos are already taking bitcoin.
You have to note that also some of the bitcoin ATMs are located in the vicinity of said casinos, making it even easier to use BTC there.
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May 13, 2016, 04:42:14 AM
 #352

if all the gambling sites accept bitcoin, especially if some of the biggest gambling sites accept bitcoin. bitcoin gambling likely will explode.
and also supported by the use bitcoin are anonymous, easy and low cost.
but i'm doubt for physical gambling house will accept bitcoin as payment method because some rich people more likely to gambling by visiting gambling house not online gambling sites and spend the night with gambling until morning

I read that Bitcoin payments are already possible in Las Vegas, some of the oldest and most reputable casinos are already taking bitcoin.
You have to note that also some of the bitcoin ATMs are located in the vicinity of said casinos, making it even easier to use BTC there.
Thats a good news for most gambler out there.. many people are requesting to accept bitcoin as their payment or to exchange into chips to use in casino at vegas.. and maybe it will adopt more and some country are nearly accepting bitcoin as payment.. and i think we will see the future of bitcoin in in 2018
And more local casino are accepting bitcoin as payment..
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May 13, 2016, 07:26:06 AM
 #353

The online gambling is getting more popular and that is also because the world is also getting more digital so that is perfect for the Bitcoin itself so that is nice.
Because Bitcoin is a payment method it is easy to use to pay online with it so that it is exploding.
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May 13, 2016, 08:10:05 PM
 #354

If you think exploding is the best word for this maybe you can call it better a trend. Because
there are so many people playing a gamble with the coins that everybody wants to do it. Some things are exploding
but this is being a trend.
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May 14, 2016, 03:59:50 AM
 #355

The online gambling is getting more popular and that is also because the world is also getting more digital so that is perfect for the Bitcoin itself so that is nice.
Because Bitcoin is a payment method it is easy to use to pay online with it so that it is exploding.
Long way to go brother, more and more online gambling sites will come to operate as they are jealous with the current online gambling that operates now who are very profitable. They need to seize the moment to capture a wide market of micro bettors.

This is all about quantity and in the future there will be a massive adoption of the future and that makes it even more awesome for the bitcoins and gambling sites.
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May 14, 2016, 04:43:41 AM
 #356

The online gambling is getting more popular and that is also because the world is also getting more digital so that is perfect for the Bitcoin itself so that is nice.
Because Bitcoin is a payment method it is easy to use to pay online with it so that it is exploding.
Long way to go brother, more and more online gambling sites will come to operate as they are jealous with the current online gambling that operates now who are very profitable. They need to seize the moment to capture a wide market of micro bettors.

This is all about quantity and in the future there will be a massive adoption of the future and that makes it even more awesome for the bitcoins and gambling sites.

actually it is not about quantity at all, it is all about quality of these sites.

it is obvious that each day there is a new gambling site starting up, especially dice sites but the quality of them are all bad. they are all copying the same script with bugs and they never become successful.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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May 15, 2016, 02:59:03 AM
 #357

The online gambling is getting more popular and that is also because the world is also getting more digital so that is perfect for the Bitcoin itself so that is nice.
Because Bitcoin is a payment method it is easy to use to pay online with it so that it is exploding.
Long way to go brother, more and more online gambling sites will come to operate as they are jealous with the current online gambling that operates now who are very profitable. They need to seize the moment to capture a wide market of micro bettors.

This is all about quantity and in the future there will be a massive adoption of the future and that makes it even more awesome for the bitcoins and gambling sites.

actually it is not about quantity at all, it is all about quality of these sites.

it is obvious that each day there is a new gambling site starting up, especially dice sites but the quality of them are all bad. they are all copying the same script with bugs and they never become successful.
This sites will improve eventually because if they don't they will lose their customers, before they started a site most of them know already the market of this business so they will do everything to compete and to stay in the business.
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May 15, 2016, 03:04:26 AM
 #358

This is all about quantity and in the future there will be a massive adoption of the future and that makes it even more awesome for the bitcoins and gambling sites.
You are only partially right about quantity. Because from what I know it is extremaly easy to create and operate bitcoin gambling site (at least compared to standard FIAT based gambling services)
That is the reason we have so many cryptocurrency casinos around. But in the end people will pick their top services and there will be only few really good casinos left.
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May 15, 2016, 03:24:50 AM
 #359

This is all about quantity and in the future there will be a massive adoption of the future and that makes it even more awesome for the bitcoins and gambling sites.
You are only partially right about quantity. Because from what I know it is extremaly easy to create and operate bitcoin gambling site (at least compared to standard FIAT based gambling services)
That is the reason we have so many cryptocurrency casinos around. But in the end people will pick their top services and there will be only few really good casinos left.

It seems easy but there is also a lot of cases whereby even bitcoin top platform exchange also got hacked and are in serious trouble.
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May 15, 2016, 04:09:49 AM
 #360

This is all about quantity and in the future there will be a massive adoption of the future and that makes it even more awesome for the bitcoins and gambling sites.
You are only partially right about quantity. Because from what I know it is extremaly easy to create and operate bitcoin gambling site (at least compared to standard FIAT based gambling services)
That is the reason we have so many cryptocurrency casinos around. But in the end people will pick their top services and there will be only few really good casinos left.

It seems easy but there is also a lot of cases whereby even bitcoin top platform exchange also got hacked and are in serious trouble.
In most cases hackers just capitalize on lack of imagination and human error of operators.
Most of these attacks could have been reverted if owners weren't so stingy about providing additional money for security, backup, cold wallets.

And some of these 'attacks' were even fake - and covered exit scams of untrustworthy businesses.
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