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Author Topic: Bitcoin Gambling is Exploding  (Read 18020 times)
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May 24, 2016, 07:14:20 PM
 #401

Exploding happens among the countries where gambling is restricted. Also gambling with bitcoin has made things far better than using physical currencies or dollar. One more major factor is the anonymous nature which could never be experienced on any other form of betting.
Yeah your right its the best and a perfect couple gambling and bitcoin. for some restricted countries. honestly its also illegal here in my country but i can gamble my money using bitcoin without any trace's .. because i can use bitmixer to transfer my bitcoins into my real wallet and transfer it to withdraw or to convert it into fiat..

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May 24, 2016, 07:27:44 PM
Last edit: May 24, 2016, 07:53:06 PM by Snorek
 #402

gambling was already a big industry with a lot of money going in and out of it even before bitcoin. so it is a very nice thing for bitcoin to see a part of this industry is getting bigger and bigger in bitcoin and i am sure that very soon a lot of other gambling sites that are working with fiat will add bitcoin too.
Online Gambling industry was big. But it was difficult to access and problematic for people who doesn't want to gave in their personal credentials and credit card number to a casino.
With bitcoin, or in general cryptocurrency gambling we can walk away from KYC guidelines of standard FIAT casinos. And this factor alone caused crypto gambling to bloom like crazy.
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May 24, 2016, 07:44:23 PM
 #403

It is very interesting to see how the Bitcoin is growing. I started making transactions with Bitcoin in 2012. I bought bitcoin for $ 6.00. I have seen as gambling are collaborating to that every day more and more people know the bitcoins. In my country games are banned but I know many people playing on the Internet using bitcoins. This has attracted the attention of some entrepreneurs who are beginning to accept bitcoins in your business.
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May 24, 2016, 10:27:39 PM
 #404

Bitcoin opened new opportunities for online casinos owners.There were some owners who quickly realize that is good to embrace Bitcoin and already have made their mark in gambling filed. There is still lot of potential as Bitcoin is offering multiple problem's solution which traditional ways can't Bitcoin gambling has great future because of the innovation and easiness.
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May 24, 2016, 10:42:30 PM
 #405

Gambling with bitcoins exploded last year and now we see side effects of that explosion. I don't think it's top, bitcoin can do much more in gambling industry.
When you look where bitcoin was 5 years ago, and where it is now tells us that for 5 years btc will be accepted in every online casino in the world.



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May 24, 2016, 10:54:51 PM
 #406

Gambling with bitcoins exploded last year and now we see side effects of that explosion. I don't think it's top, bitcoin can do much more in gambling industry.
When you look where bitcoin was 5 years ago, and where it is now tells us that for 5 years btc will be accepted in every online casino in the world.


Yes I agree, also the future of gambling will be gambling on the blockchain with Ethereum or LISK. So its more fair and the bets are verified.

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May 25, 2016, 01:24:25 AM
 #407

Gambling with bitcoins exploded last year and now we see side effects of that explosion. I don't think it's top, bitcoin can do much more in gambling industry.
When you look where bitcoin was 5 years ago, and where it is now tells us that for 5 years btc will be accepted in every online casino in the world.


Yes I agree, also the future of gambling will be gambling on the blockchain with Ethereum or LISK. So its more fair and the bets are verified.
Because of the other alternative coins gambling industry will more progress and the crypto community as well, it is good for the users as they can select among the best coins available but bitcoins still stands out.
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May 25, 2016, 02:49:19 AM
 #408

Gambling with bitcoins exploded last year and now we see side effects of that explosion. I don't think it's top, bitcoin can do much more in gambling industry.
When you look where bitcoin was 5 years ago, and where it is now tells us that for 5 years btc will be accepted in every online casino in the world.


Yes I agree, also the future of gambling will be gambling on the blockchain with Ethereum or LISK. So its more fair and the bets are verified.
Because of the other alternative coins gambling industry will more progress and the crypto community as well, it is good for the users as they can select among the best coins available but bitcoins still stands out.
an also giving opportunity to all investors to choose whatever coins they wanted to use, this gambling site who's opening opportunity to all other alt coins is moving faster than those which use bitcoin alone so better expect more and more alt coin to be consider, the more gambling site the more alt will get opportunity and gambling business will bloom in the next coming years.

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May 25, 2016, 04:26:38 AM
 #409

Gambling with bitcoins exploded last year and now we see side effects of that explosion. I don't think it's top, bitcoin can do much more in gambling industry.
When you look where bitcoin was 5 years ago, and where it is now tells us that for 5 years btc will be accepted in every online casino in the world.


Yes I agree, also the future of gambling will be gambling on the blockchain with Ethereum or LISK. So its more fair and the bets are verified.
Because of the other alternative coins gambling industry will more progress and the crypto community as well, it is good for the users as they can select among the best coins available but bitcoins still stands out.

That's probably going to happen very soon as ETH and LISK are goes to pump and pump but just like bitcoin
they are also depending to it somehow. But the gambling industry is getting bigger and bigger even with alt coins and bitcoins also.

Yes Gambling is become famous because of coins in this Bitcoin  performance is lot now a days because every one started to using this Bitcoin in gambling. Yes last 5 years back what is Bitcoin and now it is fully different slowly all online shopping sites also start to accept this Bitcoin means it will become very famous. Now because if this price Bitcoin is exploding and attracting to every one.
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May 25, 2016, 04:57:25 AM
 #410

Gambling with bitcoins exploded last year and now we see side effects of that explosion. I don't think it's top, bitcoin can do much more in gambling industry.
When you look where bitcoin was 5 years ago, and where it is now tells us that for 5 years btc will be accepted in every online casino in the world.


Yes I agree, also the future of gambling will be gambling on the blockchain with Ethereum or LISK. So its more fair and the bets are verified.
Wrong.

The future of gambling is a script that is hosted on the ethereum decentralized supercomputer, that can pay for itself with its profits.
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May 25, 2016, 07:00:19 AM
 #411

Definitely can see why it's exploding right now. I believe that bitcoin gambling is exploding because of the simplicity of the payment network as well as the globalized manner bitcoin is used for.

So any person that has access to internet, wherever he or she might be can gamble with bitcoins. It's simply and easy. No need for IDs, AML and KYC restrictions. Bitcoin solves all that. Also with the anonymity bitcoin brings, many people choose to gamble with BTC.
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May 25, 2016, 07:13:27 AM
 #412

I don't think that it's that surprising that bitcoin gambling is exploding. Simply because of the non-reversibility that bitcoin offers as a payment option, unlike Paypal or Credit Cards. That's why both the house and the player prefers it because no one can charge back.

And this could be both good or bad for bitcoin. It could be good since it brings more attention to bitcoin, and more people use it; but it could be bad as well because people get addicting to gambling.
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May 25, 2016, 08:16:57 AM
 #413

I don't think that it's that surprising that bitcoin gambling is exploding. Simply because of the non-reversibility that bitcoin offers as a payment option, unlike Paypal or Credit Cards. That's why both the house and the player prefers it because no one can charge back.

And this could be both good or bad for bitcoin. It could be good since it brings more attention to bitcoin, and more people use it; but it could be bad as well because people get addicting to gambling.

Because i see it good market place for businessman to get high revenue earnings because most of people gamble to much money for the sake of fun, thats why they take the oppurnity to build gambling den/sites so they can get easy big moneys in their pocket, casino owners get two things success their its passion for gambling and to be rich thats why gambling will not be outrend because they will think many ways of programs where people GEt more interest to gamble their money more and more

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May 26, 2016, 09:04:31 AM
 #414

I don't think that it's that surprising that bitcoin gambling is exploding. Simply because of the non-reversibility that bitcoin offers as a payment option, unlike Paypal or Credit Cards. That's why both the house and the player prefers it because no one can charge back.

And this could be both good or bad for bitcoin. It could be good since it brings more attention to bitcoin, and more people use it; but it could be bad as well because people get addicting to gambling.

Because i see it good market place for businessman to get high revenue earnings because most of people gamble to much money for the sake of fun, thats why they take the oppurnity to build gambling den/sites so they can get easy big moneys in their pocket, casino owners get two things success their its passion for gambling and to be rich thats why gambling will not be outrend because they will think many ways of programs where people GEt more interest to gamble their money more and more
Gambling is a very profitable business, businessman find a good opportunity in using bitcoins as a means in gambling as it can attract more gamblers, especially a micro gamblers where they can get a volume of it.
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May 26, 2016, 10:12:38 AM
 #415

I don't think that it's that surprising that bitcoin gambling is exploding. Simply because of the non-reversibility that bitcoin offers as a payment option, unlike Paypal or Credit Cards. That's why both the house and the player prefers it because no one can charge back.

And this could be both good or bad for bitcoin. It could be good since it brings more attention to bitcoin, and more people use it; but it could be bad as well because people get addicting to gambling.

Because i see it good market place for businessman to get high revenue earnings because most of people gamble to much money for the sake of fun, thats why they take the oppurnity to build gambling den/sites so they can get easy big moneys in their pocket, casino owners get two things success their its passion for gambling and to be rich thats why gambling will not be outrend because they will think many ways of programs where people GEt more interest to gamble their money more and more
Gambling is a very profitable business, businessman find a good opportunity in using bitcoins as a means in gambling as it can attract more gamblers, especially a micro gamblers where they can get a volume of it.

indeed, it is a very good business plan. however, it is also not easy as you need to have good security and good marketing skills. Otherwise, some casino that i have known end up closing cause too little people.
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May 26, 2016, 11:49:58 AM
 #416

Thanks to the great minds who visioned our future technology.  (The theoretical physicist of today)  Because of them we have a technology of cashless purchasing, to put bets online while traveling or at home or even fishing in the middle of a lake.  And that's explosive especially using btc.

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May 27, 2016, 11:15:10 AM
 #417

Thanks to the great minds who visioned our future technology.  (The theoretical physicist of today)  Because of them we have a technology of cashless purchasing, to put bets online while traveling or at home or even fishing in the middle of a lake.  And that's explosive especially using btc.

Well with great minds surely is a best thing and it is worst it if they share it to the world what I like about this technology is the fast transaction and security of this called bitcoin and I truly enjoy how convenient it is in the lives of many people!
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May 27, 2016, 11:58:24 AM
 #418

Thanks to the great minds who visioned our future technology.  (The theoretical physicist of today)  Because of them we have a technology of cashless purchasing, to put bets online while traveling or at home or even fishing in the middle of a lake.  And that's explosive especially using btc.



Well this is really going to happen in the future for the convenience of all people, but for this those gamblers benefit to it.
And they saves in time on travelling, they don't have to go to the casino but they could gamble with just a click away.

Bitcoin has paved a way for cashless and hassle-free gambling, but I think it's not just the gamblers and the gambling scene who benefits to this. Take into account those merchants and consumers using bitcoin as form of payment (plus less tx fees from payment processors eg. PayPal etc.)

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smho_16
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May 27, 2016, 12:02:59 PM
 #419

Thanks to the great minds who visioned our future technology.  (The theoretical physicist of today)  Because of them we have a technology of cashless purchasing, to put bets online while traveling or at home or even fishing in the middle of a lake.  And that's explosive especially using btc.



Well this is really going to happen in the future for the convenience of all people, but for this those gamblers benefit to it.
And they saves in time on travelling, they don't have to go to the casino but they could gamble with just a click away.

That is correct. Many gamblers including me can take profit of all of the benefits of bitcoin gambling. I can play from work , just install a bitcoin wallet at your work PC when this PC is not shared with others if you want to play at directbet. If not depositing to your favorite bitcoin gambling site is enough. Wife cannot find out, mother cannot, sister cannot all family cannot find out. Work also don't find out if you are careful. These plus other reasons like these are making bitcoin gambling exploding and I think can explode even further.
Red-Apple
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May 27, 2016, 12:09:33 PM
 #420

Thanks to the great minds who visioned our future technology.  (The theoretical physicist of today)  Because of them we have a technology of cashless purchasing, to put bets online while traveling or at home or even fishing in the middle of a lake.  And that's explosive especially using btc.



Well this is really going to happen in the future for the convenience of all people, but for this those gamblers benefit to it.
And they saves in time on travelling, they don't have to go to the casino but they could gamble with just a click away.

Bitcoin has paved a way for cashless and hassle-free gambling, but I think it's not just the gamblers and the gambling scene who benefits to this. Take into account those merchants and consumers using bitcoin as form of payment (plus less tx fees from payment processors eg. PayPal etc.)

if you compare it to the actual global usage of bitcoin in different areas you can figure out that bitcoin gambling is just a very small portion of this ecosystem and it is growing fast just like anything else with bitcoin.

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