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Question: Will Bitcoin be #1 for online gambling by 2020?
Yes - 9 (50%)
No - 9 (50%)
Total Voters: 18

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Author Topic: Will Bitcoin casinos be more popular than regular online casinos by 2020?  (Read 924 times)
Cyaren
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June 28, 2016, 01:34:30 AM
 #21

This is a definite yes for me. The amount of effort it takes for one to start gambling is so minimal that perhaps a child can do it. Withdrawals and deposits are nearly instantaneous and the simple game aspects, (pick a payout and bet amount and click roll) is very appealing to many, and most do not even require any forms of identification.
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June 28, 2016, 09:50:24 AM
 #22

I just published a new blog post on how Bitcoin is changing online gambling and it got me thinking: will Bitcoin casinos overtake regular casinos in the future?

With Bitcoin on the rise (over $650/BTC now!) and at least 3 BTC being wagered per minute across crypto-casinos (that's about $3 million per day) and the countless benefits that cryptography brings to gambling, I think it will. Bitcoin is the perfect companion for online gambling, bringing instant transactions and trustless fairness to an industry where the norm is slow deposits/withdrawals and offshore shady companies.

What do you guys think?

Offshore doesn't mean shady.
Anyways yes I do think bitcoin gambling by 2020 and the reason is simply because its easier. Btw you write very well.
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June 28, 2016, 12:46:05 PM
 #23

Bitcoin made the gambling easier and faster than before , also when you gamble with Bitcoin , you will be anonimous , this is the answer if we asked why people like Bitcoin , and for that the Bitcoin casinos number increases every day , Bitcoin will be more popular not in gambling only , but in all other services , like trading and buy goods and online payment...
I think for now in my country its not anonymous we are giving our real identity for security reason and for laws and regulations in my country.. so i think in the future gambling here will reduce and will be decreases.. because of this regulation and laws..
So i think bitcoin gambling casino will not be popular in the future than regular casino..
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June 28, 2016, 06:35:55 PM
 #24

I think it is already happening. Bitcoin gambling is much more attractive for so many reason most important anonymous and instant transfers, I doubt fiat casinos will be able to keep up. Bitcoin gambling, It's just better.

 
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June 28, 2016, 11:57:33 PM
 #25

I just published a new blog post on how Bitcoin is changing online gambling and it got me thinking: will Bitcoin casinos overtake regular casinos in the future?

With Bitcoin on the rise (over $650/BTC now!) and at least 3 BTC being wagered per minute across crypto-casinos (that's about $3 million per day) and the countless benefits that cryptography brings to gambling, I think it will. Bitcoin is the perfect companion for online gambling, bringing instant transactions and trustless fairness to an industry where the norm is slow deposits/withdrawals and offshore shady companies.

What do you guys think?
i think it will not happen,i know bitcoin casino only on internet,and bitcoin only can used for online gambling,i never see people use bitcoin inreal life gambling,its complicated. and i think reguler online casino have real casino (offline casino).

If we talk about real casino, so it will be hard. First because gambling is illegal in most countries and second is because there is no physical thing of bitcoin but it can be created with a coin like on other real casinos.
The main problem of bitcoin is the fluctuative price that may make the casinos need to always adjust the chip/coin's value based on the up to date bitcoin price. And for gambler, they need to think twice because once they start gamble with bitcoin they also need to think about its price which may fall down anytime.

TheBitcoinStrip.com (OP)
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June 29, 2016, 11:39:18 AM
 #26

This is a definite yes for me. The amount of effort it takes for one to start gambling is so minimal that perhaps a child can do it. Withdrawals and deposits are nearly instantaneous and the simple game aspects, (pick a payout and bet amount and click roll) is very appealing to many, and most do not even require any forms of identification.

Yep. And gambling at regular online casinos is restricted in a lot of countries.

TheBitcoinStrip: Bitcoin casino reviews & some other decent Bitcoin-related guides.
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June 29, 2016, 11:51:16 AM
 #27

I think its possible this to happen. There is more BTC casinos each year, and for 4 years we can expect even more BTC casinos, and we can expect regular casinos to start accept deposits in BTC. Some countries forbid gambling sites, and there is a law about it in many countries, BTC doesn`t have borders. I said its possible for BTC casinos to be more popular, but its like 50 % chances for that to happen until 2020.
For that to happen BTC needs much bigger adoption, and much more people should join and start using BTC as any other currency. That would be great to happen, for sure that will have impact on price. Many people doesn`t like gambling and casinos, but look at Las Vegas. They build a town on casinos, now everything works there. Gambling is a good promotion for BTC in my opinion, and that will attract masses.



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