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Author Topic: Bitcoin Gambling is Exploding  (Read 18083 times)
boopy265420
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May 10, 2016, 08:10:20 AM
 #321

More and more online gambling sites are embracing Bitcoin because it is inevitable.Bitcoin made gambling easy,fast not only in deposit/withdrawal but also it assured maximum privacy with safety.Which traditional payments methods couldn't.Bitcoin gambling is still in its early stages and potential is huge.
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May 10, 2016, 07:21:49 PM
 #322

Bitcoin and online gambling are very important for each other because it made gambling very flexible and with top security, most of the people care about their privacy and that is the reason bitcoin is getting more popular for online gambling casinos, very soon it will be world most loved currency for gambling.
Yes with the with bitcoins payments, we can protect our privacy as well as we can save money wasting with paying unnecessary fees. Simply we can say bitcoin means freedom and it will help gambling world to break many restrictions.
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May 11, 2016, 02:14:43 AM
 #323

Bitcoin and online gambling are very important for each other because it made gambling very flexible and with top security, most of the people care about their privacy and that is the reason bitcoin is getting more popular for online gambling casinos, very soon it will be world most loved currency for gambling.
Yes with the with bitcoins payments, we can protect our privacy as well as we can save money wasting with paying unnecessary fees. Simply we can say bitcoin means freedom and it will help gambling world to break many restrictions.
Privacy is the best gift this bitcoins has given us, we can gamble with anonymity and we have the privilege to choose from different sportsbook to bet on. We can even bet at the comfort at our own home, that is why bitcoins will become more stable.
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May 11, 2016, 02:21:49 AM
 #324

People playing gambling are now growing because of its anonymity and fast transactions.
Bitcoin is having free advertisements by using bitcoin in gambling, almost all transactions flowing in blockchain is from gambling.

Anonymity is only part of of the picture now. Some reputable online casinos who started accepting bitcoin recently requires you to send them copy of your ID to check even though you are bitcoin customer.
I would imagine KYC is a progressing trend and we are lucky that most of Bitcoin exclusive casinos don't do that.
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May 11, 2016, 02:22:04 AM
 #325

Its quite obvious that this would happen as bitcoin provides an anonymous way of depositing and withdrawing. Which leads to a lot of people who don't want to go through the verification and the kyc on real money casinos.
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May 11, 2016, 03:18:17 AM
 #326

Its quite obvious that this would happen as bitcoin provides an anonymous way of depositing and withdrawing. Which leads to a lot of people who don't want to go through the verification and the kyc on real money casinos.
Yes, and who likes to be screen or give your personal information before you can gamble. Gamblers should not be verified because we all just want to enjoy gambling and we understand the risk even if our money got lost. And as a gambler we understand the risk from the start or in depositing process therefor we only deposit and amount that we can afford to lose.
elyas772
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May 11, 2016, 03:36:50 AM
 #327

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.

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adaseb
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May 11, 2016, 11:40:33 AM
 #328

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 there are already existing gambling sites let's say that they are already one of the biggest gambling sites that accept bitcoins.
Maybe you are referring to your local gambling sites or other casinos that still not accepting bitcoins today.
And yeah, if that happens, bitcoin gambling will surely explode.

I doubt that those casinos will start accepting Bitcoins. Their total revenue would probably be less than 0.1% so they will just leave it the way it is. Maybe if the market cap for BTC rises then they might do that.
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May 11, 2016, 12:52:16 PM
 #329


when it comes to "online" gambling then nothing can take the place of bitcoin. gambling with fiat is just too messy, and so it is much easier to just pick bitcoin instead as a replacement.
mostly because of the small fees that it has especially if you are investing a large amount (it is not percentage base like other payments with fiat)

Yup! I agree because bitcoin gambling is very easy than in real casino, you would just need a great internet connection and your good to go, and not a hustle when you playing it too because you just need the site that you like and an anonymous account and even just a small amount of bitcoin will do and you can play bitcoin gambling.
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May 11, 2016, 01:42:26 PM
 #330

Compared to fiat btc gambling is miniscule.  There are more gambling sites than actual players in bitcoin world.
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May 11, 2016, 01:50:31 PM
 #331

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 there are already existing gambling sites let's say that they are already one of the biggest gambling sites that accept bitcoins.
Maybe you are referring to your local gambling sites or other casinos that still not accepting bitcoins today.
And yeah, if that happens, bitcoin gambling will surely explode.

gambling sites that accept bitcoin, during their new gambling sites that follow the development of bitcoin, and indeed they focus only accept bitcoin. but I mean the biggest gambling sites are already quite a long time, before bitcoin there. examples such as some of the biggest sites of this http://prntscr.com/b2s1pl

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Icathia
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May 11, 2016, 02:10:29 PM
 #332

There are so many gamblers these days not only gambling with real money but also with their coins.
They don't know with what to gamble so they using everything to gamble with. Maybe a good idea their bitcoins
are rolling and not holding and that's nice.
Yeah so money are stepping over from gambling with real money to gambling with coins like Bitcoin. The fact that you can sue these coins to gamble is going to make it far more popular then it already is.
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May 11, 2016, 02:16:02 PM
 #333

There are so many gamblers these days not only gambling with real money but also with their coins.
They don't know with what to gamble so they using everything to gamble with. Maybe a good idea their bitcoins
are rolling and not holding and that's nice.
Yeah so money are stepping over from gambling with real money to gambling with coins like Bitcoin. The fact that you can sue these coins to gamble is going to make it far more popular then it already is.
At some countries gambling isnt allowed soo people are using bitcoins to make their bets even knowing that isnt allowed dont makes them give up to get some good results and maybe be able to change country and get acess to the bitcoin or the money they put at it.This is the place where the most bitcoins are circulating.
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May 11, 2016, 02:53:15 PM
 #334

There are so many gamblers these days not only gambling with real money but also with their coins.
They don't know with what to gamble so they using everything to gamble with. Maybe a good idea their bitcoins
are rolling and not holding and that's nice.
Yeah so money are stepping over from gambling with real money to gambling with coins like Bitcoin. The fact that you can sue these coins to gamble is going to make it far more popular then it already is.
At some countries gambling isnt allowed soo people are using bitcoins to make their bets even knowing that isnt allowed dont makes them give up to get some good results and maybe be able to change country and get acess to the bitcoin or the money they put at it.This is the place where the most bitcoins are circulating.

Well accessing gambling in another country that those countries have banned gambling have a best ideal with bitcoin gambling in these situations you will totally see the power of the internet that are mostly people are accessing gambling without their government noticing it! COOL!
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May 11, 2016, 03:31:40 PM
 #335

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

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May 11, 2016, 03:42:43 PM
 #336

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

Agree with you.
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May 11, 2016, 08:25:35 PM
 #337

After recent developments now Bitcoin is essential part of every online gambling site when really wants to survive and grow bigger. Once with the Bitcoin there were many sites which appeared and now are bigger and well established.Bitcoin gambling is just at start and still there is huge potential in gambling with Bitcoin.
When technology booms, it is always mandatory for all the business to adopt new technology concepts in order to be competitive and surviving by staying safer. Bitcoin would be the next level of digital and convenient money. So it is mandatory for all the business, I guess gambling sites cannot find any exceptions from it.
True. Bitcoin has arrived for making many complicated things we are facing with our online transactions. In some cases we can say Paypal has killed many business due to it's complicated regulations. So, it would be a purely a good chance for gambling sites to explode further by adopting bitcoins payments.
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May 11, 2016, 08:58:28 PM
 #338

Bitcoin gives anonymity to its users, and gambling users like it. Also solve money problems when you try to play on a casino by vpn because your country don't allow it, how you deposit money? Your credit card company will not allow, with bitcoin you don't have this problem (only coinbase wallets could have problems because they don't allow its users to play on casinos).
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May 12, 2016, 12:34:15 AM
 #339

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.

 
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May 12, 2016, 01:54:12 AM
 #340

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.
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