Bitcoin Gambling is Exploding

[thejaytiesto]

It is funny how most countries has very strict laws against online gambling or don't allow people to gamble online at all.
And it is quite possible to monitor if people are using FIAT. After all bank transfers, debit/credit cards and Paypal - all these methods can be associated with your ID.
With bitcoin it is a lot harder to track you or even tell if you are gambling online or not. And that is the reason behind BTC gambling boom.

Actually this raises a good point, another good advantage for Bitcoin will be that if you are not an adult you can still gamble with your money anyway.
I remember when I was a kid like 14 or something, I was in highschool and I wanted to play some poker on the internet, but the fuckers wouldn't let me join on the sites to play for real money cause it needed an id. If I was 14 in 2016 I would just use Bitcoin and have some fun in poker playing for real money, and even spin some on the slots. I could have made a lot of money back then but they wouldn't let play. Imagine being in high school and making money with poker, it would have been so cool but I was stuck with my parents small time cash pay :p

[goldcoinminer]

It is funny how most countries has very strict laws against online gambling or don't allow people to gamble online at all.
And it is quite possible to monitor if people are using FIAT. After all bank transfers, debit/credit cards and Paypal - all these methods can be associated with your ID.
With bitcoin it is a lot harder to track you or even tell if you are gambling online or not. And that is the reason behind BTC gambling boom.

Actually this raises a good point, another good advantage for Bitcoin will be that if you are not an adult you can still gamble with your money anyway.
I remember when I was a kid like 14 or something, I was in highschool and I wanted to play some poker on the internet, but the fuckers wouldn't let me join on the sites to play for real money cause it needed an id. If I was 14 in 2016 I would just use Bitcoin and have some fun in poker playing for real money, and even spin some on the slots. I could have made a lot of money back then but they wouldn't let play. Imagine being in high school and making money with poker, it would have been so cool but I was stuck with my parents small time cash pay :p

Yeah, that's the advantage because you are anonymous, but the negative side of it is when a minors will be addicted with gambling if would probably ruin one's life. My experience with betting using bitcoin for years now has been spectacular, I was able to bet regardless of limit even with our country is ban from participating through gambling in betting sites. Betting at a different site is great and so I hope and very positive that more gambling sites will be establish in the future.

[gtglener]

It is funny how most countries has very strict laws against online gambling or don't allow people to gamble online at all.
And it is quite possible to monitor if people are using FIAT. After all bank transfers, debit/credit cards and Paypal - all these methods can be associated with your ID.
With bitcoin it is a lot harder to track you or even tell if you are gambling online or not. And that is the reason behind BTC gambling boom.

Actually this raises a good point, another good advantage for Bitcoin will be that if you are not an adult you can still gamble with your money anyway.
I remember when I was a kid like 14 or something, I was in highschool and I wanted to play some poker on the internet, but the fuckers wouldn't let me join on the sites to play for real money cause it needed an id. If I was 14 in 2016 I would just use Bitcoin and have some fun in poker playing for real money, and even spin some on the slots. I could have made a lot of money back then but they wouldn't let play. Imagine being in high school and making money with poker, it would have been so cool but I was stuck with my parents small time cash pay :p

Yeah, that's the advantage because you are anonymous, but the negative side of it is when a minors will be addicted with gambling if would probably ruin one's life. My experience with betting using bitcoin for years now has been spectacular, I was able to bet regardless of limit even with our country is ban from participating through gambling in betting sites. Betting at a different site is great and so I hope and very positive that more gambling sites will be establish in the future.

I think if they provide some techniques through which they will filter out the kids from gambling then after that there will be no any problem remain with bitcoin in those gambling sites

[virtualkeybuyer]

It is funny how most countries has very strict laws against online gambling or don't allow people to gamble online at all.
And it is quite possible to monitor if people are using FIAT. After all bank transfers, debit/credit cards and Paypal - all these methods can be associated with your ID.
With bitcoin it is a lot harder to track you or even tell if you are gambling online or not. And that is the reason behind BTC gambling boom.

Actually this raises a good point, another good advantage for Bitcoin will be that if you are not an adult you can still gamble with your money anyway.
I remember when I was a kid like 14 or something, I was in highschool and I wanted to play some poker on the internet, but the fuckers wouldn't let me join on the sites to play for real money cause it needed an id. If I was 14 in 2016 I would just use Bitcoin and have some fun in poker playing for real money, and even spin some on the slots. I could have made a lot of money back then but they wouldn't let play. Imagine being in high school and making money with poker, it would have been so cool but I was stuck with my parents small time cash pay :p

Yeah, that's the advantage because you are anonymous, but the negative side of it is when a minors will be addicted with gambling if would probably ruin one's life. My experience with betting using bitcoin for years now has been spectacular, I was able to bet regardless of limit even with our country is ban from participating through gambling in betting sites. Betting at a different site is great and so I hope and very positive that more gambling sites will be establish in the future.

yeah, one of the positive side for using bitcoin in those gambling sites is that it is anonymous todeposit on there, so those people who want to play gambling and do not want to show themselves on public or to any site staff then they will prefer bitcoin at there.

[NewInCryptoCurrency]

Bitcoin is getting more popular in everything and that is because people are promoting it more and that is quite perfect, but maybe it will be also more used in the daily life.
And you see also indeed that gambling and Bitcoin works well together so that is also quite nice for people.

[Zooplus]

Bitcoin is getting more popular in everything and that is because people are promoting it more and that is quite perfect, but maybe it will be also more used in the daily life.
And you see also indeed that gambling and Bitcoin works well together so that is also quite nice for people.

One of the reasons why bitcoin price is steadily increasing or I would its stable now is the gambling world. There is a huge market in this gambling world which investor might also want to consider. People want to be anonymous while betting to protect themselves, they feel they can bet to the limit without worrying that there information will be shared to others.

[pooya87]

i wouldn't be surprised if in a couple of years we will only see bitcoin gambling online and no more fiat gambling online anymore. because bitcoin is just too good for the gambling business, it is easy to deposit and withdraw at any time you want without big fees even on small or big transactions. besides the anonymity helps those that are living in countries with gambling prohibited rules.

[Gwapo]

Gambling has a large house advantage.
This is what it takes for it's uncontrollable increase.
And bitcoin elevates the purpose of furthermore increase in overall traction, even in areas illegal to gambling due to its pseudo anonymous nature.

[sukamasoto]

i wouldn't be surprised if in a couple of years we will only see bitcoin gambling online and no more fiat gambling online anymore. because bitcoin is just too good for the gambling business, it is easy to deposit and withdraw at any time you want without big fees even on small or big transactions. besides the anonymity helps those that are living in countries with gambling prohibited rules.

Although gamble site accept bitcoin doesn't mean it's good for me for example since my goverment still forbid bitcoin usage.
But it will be a good news for country who accept bitcoin and doesn't care about gambling site existence

[hua_hui]

i wouldn't be surprised if in a couple of years we will only see bitcoin gambling online and no more fiat gambling online anymore. because bitcoin is just too good for the gambling business, it is easy to deposit and withdraw at any time you want without big fees even on small or big transactions. besides the anonymity helps those that are living in countries with gambling prohibited rules.

i wont say fiat gambling will be gone cause there is still some demand for it. And it is overall easier to bet on fiat and usually people have more resources on fiat. So it wont go away but i believe the people betting with btc will get more and more.

[safari88]

i wouldn't be surprised if in a couple of years we will only see bitcoin gambling online and no more fiat gambling online anymore. because bitcoin is just too good for the gambling business, it is easy to deposit and withdraw at any time you want without big fees even on small or big transactions. besides the anonymity helps those that are living in countries with gambling prohibited rules.

Although gamble site accept bitcoin doesn't mean it's good for me for example since my goverment still forbid bitcoin usage.
But it will be a good news for country who accept bitcoin and doesn't care about gambling site existence

but if a lot of gambling sites accept bitcoin, or even the biggest gambling sites. This will have much impact on bitcoin, such as on price may be increased. because they will continue to buy bitcoin to play gambling.

[RealPhotoshoper]

i wouldn't be surprised if in a couple of years we will only see bitcoin gambling online and no more fiat gambling online anymore. because bitcoin is just too good for the gambling business, it is easy to deposit and withdraw at any time you want without big fees even on small or big transactions. besides the anonymity helps those that are living in countries with gambling prohibited rules.

but it would be surprised if the price of bitcoin get dropped and some casino get panic , doubt on bitcoin future.
and finally most of them take off bitcoin from their payment system.
accepting bitcoin needed a good bitcoin analyst price, without this they just gambled their casino on bitcoin price.
however good thing if there is already so manybitcoin gambling site launched.

[Zooplus]

i wouldn't be surprised if in a couple of years we will only see bitcoin gambling online and no more fiat gambling online anymore. because bitcoin is just too good for the gambling business, it is easy to deposit and withdraw at any time you want without big fees even on small or big transactions. besides the anonymity helps those that are living in countries with gambling prohibited rules.

but it would be surprised if the price of bitcoin get dropped and some casino get panic , doubt on bitcoin future.
and finally most of them take off bitcoin from their payment system.
accepting bitcoin needed a good bitcoin analyst price, without this they just gambled their casino on bitcoin price.
however good thing if there is already so manybitcoin gambling site launched.

Yes of course, I think the analyst are already convinced about the future of bitcoin. Mine as well are very optimistic that bitcoin will continue to rise and maybe stable at some time in the future. Some of gambling sites also limit their bets on bitcoin and I think that is their strategy to control the risk.

[fullypak]

i wouldn't be surprised if in a couple of years we will only see bitcoin gambling online and no more fiat gambling online anymore. because bitcoin is just too good for the gambling business, it is easy to deposit and withdraw at any time you want without big fees even on small or big transactions. besides the anonymity helps those that are living in countries with gambling prohibited rules.

Although gamble site accept bitcoin doesn't mean it's good for me for example since my goverment still forbid bitcoin usage.
But it will be a good news for country who accept bitcoin and doesn't care about gambling site existence

Yes in my country betting is banned so we will play this online betting for us bitcoin is very useful we don't have access to withdraw amount directly but we can get it from other's to pay some fees. In all country count less gamblers are there so only bitcoin price is increasing like this. where there is a gambling there is a bitcoin.

[goldcoinminer]

i wouldn't be surprised if in a couple of years we will only see bitcoin gambling online and no more fiat gambling online anymore. because bitcoin is just too good for the gambling business, it is easy to deposit and withdraw at any time you want without big fees even on small or big transactions. besides the anonymity helps those that are living in countries with gambling prohibited rules.

Although gamble site accept bitcoin doesn't mean it's good for me for example since my goverment still forbid bitcoin usage.
But it will be a good news for country who accept bitcoin and doesn't care about gambling site existence

Yes in my country betting is banned so we will play this online betting for us bitcoin is very useful we don't have access to withdraw amount directly but we can get it from other's to pay some fees. In all country count less gamblers are there so only bitcoin price is increasing like this. where there is a gambling there is a bitcoin.

Bitcoin gives us an opportunity to gamble even we are in the a country where online gambling are banned. I believe that the gambling industry is the major contributor on why bitcoin become stronger and stronger.Like if you see now the price is consistently rising.

[zerocharisma]

Online/bitcoin gambling is exploding because of most people will prefer to sit on their couch and gambling Or sit infront of their computers and start gambling. This is much easier for them and they don't need to go to casinos. Also, this is a way to go for the people who want to gamble but prohibited on their country.

[goldcoinminer]

Online/bitcoin gambling is exploding because of most people will prefer to sit on their couch and gambling Or sit infront of their computers and start gambling. This is much easier for them and they don't need to go to casinos. Also, this is a way to go for the people who want to gamble but prohibited on their country.

More absolutely, people want to be comfortable while betting. They can do what they want at the comfort of their own home. In addition, the privacy you can get while gambling huge amount of money is satisfying.

[adaseb]

Online/bitcoin gambling is exploding because of most people will prefer to sit on their couch and gambling Or sit infront of their computers and start gambling. This is much easier for them and they don't need to go to casinos. Also, this is a way to go for the people who want to gamble but prohibited on their country.

True but I think there is more entertainment going to a real casino because you get to drink, dance, eat, meet new people. You can't do that with online Bitcoin gambling.

Its probably very popular because its not regulated.... yet

[teilwalL05]

This was really expected to happen because btc is can't be traced.  So no verification and stuff just play and have fun.   

Yup! and that is the probable reason why some people are jumping in the band wagon in playing gambling because of what bitcoin does and the number of gambling sites now are tons and lots of them out their.

Yes, bitcoin has put a positive effect on the gambling site owners, before bitcoin there were a less number of online casinos and when the technology of bitcoin introduced, a large number of community came there to join those sites and so the number of casinos increased.

Yup! and I think it will still continue to increase in numbers, and I am thinking of large names of a gambling sites and I think there will be many signature campaigns that will be introduce in these forum too.

[BoXXoB]

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.