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Author Topic: [2016-10-03]The Bitcoin Gambling Industry is one of the most Successful...  (Read 564 times)
WishICanTurnBackTime (OP)
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October 03, 2016, 09:24:06 AM
 #1

The Bitcoin Gambling Industry is one of the most Successful Industries in the Ecosystem

The Bitcoin gambling industry is currently one of the digital currency industries that have been more successful. Since the first time Bitcoin appeared many were the Casinos popping out using Bitcoin as its main feature and as the base for its business model.

http://www.livebitcoinnews.com/bitcoin-gambling-industry-one-successful-industries-ecosystem/
panju1
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October 03, 2016, 04:28:16 PM
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It is a natural fit. The use of bitcoins has opened up a whole new target population to the online gambling industry.
With provably fair websites and bitcoin, there is no reason for a gambler to visit casinos.
Kprawn
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October 03, 2016, 04:52:55 PM
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The Brick n Mortar Gambling operations have to run at a much higher house edge to pay for running cost of their operations. The smaller

Bitcoin gambling operators, do not have the restrictions and the costs to operate "gaming license" so.. they can offer better win ratios for

the gamblers. We might even see some disruption in this industry, if this is allowed to continue unregulated.  Roll Eyes

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Karartma1
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October 03, 2016, 05:31:35 PM
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We might even see some disruption in this industry, if this is allowed to continue unregulated.  Roll Eyes

We are talking about a multi billion dollar industry which leveraged bitcoin in an incredible way. As you say we don't know how long this is going to last though. I presonally like the way some bitcoin gambling sites work: I just want to go there have fun and play, I don't want to spend 30 minutes to sign up with normal sites.

Bitcoin made it easier.
Dassi
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October 04, 2016, 06:33:14 AM
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Bitcoin made it easier.


Yeah, made it easier for people to lose their hard earned money in minutes Angry
traderethereum
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October 04, 2016, 08:04:25 AM
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Bitcoin made it easier.


Yeah, made it easier for people to lose their hard earned money in minutes Angry

beside that, bitcoin can be act like investment so this is why many people attracted to use bitcoin, and bitcoin itself can be trading with fiat and people can make more money with bitcoin.

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October 04, 2016, 08:56:57 AM
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Bitcoin made it easier.


Yeah, made it easier for people to lose their hard earned money in minutes Angry

That's exactly what people are struggling with. After them losing all their coins with gambling, they blame Bitcoin for being bad, while they are the one actually choosing to gamble. Either quit, or don't complain since the only one to blame is the person in question.
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