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BossMacko
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March 12, 2017, 09:02:49 AM
 #41

hi guys
you realize that lately rampant gambling using a means of payment with bitcoin and alt coin?
or you just enjoy it?
in my mind often arise some questions
have you ever thought the same as I?
and we are all aware that bitcoin is a virtual currency that may be said multi function to perform all types of online payments

It is easier to use Bitcoin as payment for deposit in a casino, You are not required to used your personal information when registering unlike in casino that doesnt use Bitcoin you have to put your true identity, your Card details in order to deposit and to be able to gamble in their site.
yueno
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March 12, 2017, 10:27:43 AM
 #42

hi guys
you realize that lately rampant gambling using a means of payment with bitcoin and alt coin?
or you just enjoy it?
in my mind often arise some questions
have you ever thought the same as I?
and we are all aware that bitcoin is a virtual currency that may be said multi function to perform all types of online payments

It is easier to use Bitcoin as payment for deposit in a casino, You are not required to used your personal information when registering unlike in casino that doesnt use Bitcoin you have to put your true identity, your Card details in order to deposit and to be able to gamble in their site.

Yes it is because of blockchain transaction. That is why it is easy to use it.  Therefore during hour that is for winning and you cashout the money the blockchain will proceed to become get your money through that kind of transactions.
Harry Callahan
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March 12, 2017, 12:24:22 PM
 #43

It is easier to use Bitcoin as payment for deposit in a casino, You are not required to used your personal information when registering unlike in casino that doesnt use Bitcoin you have to put your true identity, your Card details in order to deposit and to be able to gamble in their site.
Yes it is because of blockchain transaction. That is why it is easy to use it.  Therefore during hour that is for winning and you cashout the money the blockchain will proceed to become get your money through that kind of transactions.
Bitcoin has brought a lot of changes in the gambling industry and we are seeing more sites coming up offering bitcoin or other alt coin deposits and yes it is more convenient to send the coins without revealing our identity but how about exchanges as none of the exchanges allow you to trade without verifying,they should have made a minimum criteria for avoiding money laundering but why should they need to verify for a couple of hundred dollar transactions.
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March 12, 2017, 12:29:10 PM
 #44

It is easier to use Bitcoin as payment for deposit in a casino, You are not required to used your personal information when registering unlike in casino that doesnt use Bitcoin you have to put your true identity, your Card details in order to deposit and to be able to gamble in their site.
Yes it is because of blockchain transaction. That is why it is easy to use it.  Therefore during hour that is for winning and you cashout the money the blockchain will proceed to become get your money through that kind of transactions.
Bitcoin has brought a lot of changes in the gambling industry and we are seeing more sites coming up offering bitcoin or other alt coin deposits and yes it is more convenient to send the coins without revealing our identity but how about exchanges as none of the exchanges allow you to trade without verifying,they should have made a minimum criteria for avoiding money laundering but why should they need to verify for a couple of hundred dollar transactions.
maybe after casino's exchange will also adopt with easy process transaction, as many bitcoiners enjoying the easy way to play gambling,
so exchange might see and consider the demands of easy it up when doing the trade, if we can also enjoy the same thing just send btc
when you want to trade and withdraw when you are already done.
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March 12, 2017, 12:41:58 PM
 #45

It is easier to use Bitcoin as payment for deposit in a casino, You are not required to used your personal information when registering unlike in casino that doesnt use Bitcoin you have to put your true identity, your Card details in order to deposit and to be able to gamble in their site.
Yes it is because of blockchain transaction. That is why it is easy to use it.  Therefore during hour that is for winning and you cashout the money the blockchain will proceed to become get your money through that kind of transactions.
Bitcoin has brought a lot of changes in the gambling industry and we are seeing more sites coming up offering bitcoin or other alt coin deposits and yes it is more convenient to send the coins without revealing our identity but how about exchanges as none of the exchanges allow you to trade without verifying,they should have made a minimum criteria for avoiding money laundering but why should they need to verify for a couple of hundred dollar transactions.
If we are talking about gambling sites and exchanges they do really differ on the policy since we do know exchanges do really have restrictions speaking of incoming and outgoing of our bitcoins specially on big amounts.Using bitcoin and altcoins on playing gambling does really give us convenience thats why gambling sites are booming because of this one.

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March 12, 2017, 02:08:00 PM
 #46

The reason for why we see so much gambling activities involving bitcoin and altcoins is because they just surpassed all the regulations installed by governments in gambling industry. In the world of fiat gambling you will need a lot of permissions from officials to open a casino, be it real or online, also you will need to present documents as a player. Everything is very regulated and taxed, which leads to increase of expenses for both casino and players and just create a lot of obstacles. Bitcoin casinos made everything really simple for players, you just buy btc, deposit it and start playing. From the player side it's better to play in bitcoin casino, because it's easier, the house edge is much lower but you will lose some protection - there are cases when bitcoin casinos refused to pay its winners and there's no regulators to force them to.
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March 12, 2017, 05:27:29 PM
 #47

hi guys
you realize that lately rampant gambling using a means of payment with bitcoin and alt coin?
or you just enjoy it?
in my mind often arise some questions
whether it is true that bitcoin was created simply as a means of payment for gambling alone?
or bitcoin created to play forex?
have you ever thought the same as I?

you seriously need to learn more about bitcoin first. i suggest starting to learn by reading the bitcoin whitepaper. bitcoin was created to be a peer to peer currency like any other money but without the centralization. the fact that you only saw the gambling part of it means your world is small, look around and see other usages too.
also about trading i have to say you are half correct on that part. bitcoin is mostly used for trading and profiting these days.

I agreed. Bitcoin can be use in many different ways, not just in gambling, and using bitcoin in gambling is not really a good idea. Most of the bitcoin users are just focusing on earning and saving bitcoin because they know that they could earn profit in the long run by saving and holding it, and sell it or convert it when the right time comes.

Also, using bitcoin in every stuffs that we want to buy is not really worth it, it just mean we are throwing away the profits that we can get to it if we are going to hold it rather than to use it always. If we can buy something using fiat, then, there is no need for us to spend our bitcoin on buying stuffs if is not really necessary.
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March 12, 2017, 05:53:58 PM
 #48

hi guys
you realize that lately rampant gambling using a means of payment with bitcoin and alt coin?
or you just enjoy it?
in my mind often arise some questions
have you ever thought the same as I?
and we are all aware that bitcoin is a virtual currency that may be said multi function to perform all types of online payments

It is easier to use Bitcoin as payment for deposit in a casino, You are not required to used your personal information when registering unlike in casino that doesnt use Bitcoin you have to put your true identity, your Card details in order to deposit and to be able to gamble in their site.

I  agree, before I known Bitcoin , I never have a chance to play in an online casino. One reason is that I do not want to use my cards nor reveal my identity in a gambling site.  Bitcoin solve this problem.  Now I can play whenever I wanted as long as they accept Bitcoin as one of the currency that can be use to play in their casino site.
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March 18, 2017, 09:28:03 PM
 #49

hi guys
you realize that lately rampant gambling using a means of payment with bitcoin and alt coin?
or you just enjoy it?
in my mind often arise some questions
have you ever thought the same as I?
and we are all aware that bitcoin is a virtual currency that may be said multi function to perform all types of online payments

It is easier to use Bitcoin as payment for deposit in a casino, You are not required to used your personal information when registering unlike in casino that doesnt use Bitcoin you have to put your true identity, your Card details in order to deposit and to be able to gamble in their site.

I  agree, before I known Bitcoin , I never have a chance to play in an online casino. One reason is that I do not want to use my cards nor reveal my identity in a gambling site.  Bitcoin solve this problem.  Now I can play whenever I wanted as long as they accept Bitcoin as one of the currency that can be use to play in their casino site.

Bitcoin is also easier to buy then to get credit cards and things. It can protect tou from debt too. You can go into credit debt with a credit card and the bank will charge large interest and the further you go the more you loan. With a bitcoin wallet its not possible. You can only spend what you have so it is much easier to control the spending then on a credit card. The credit card has only one account and that is your bank account. With bitcoin you can make as many accounts as you want through means of wallets so you do not have to risk the temptation of dipping into your entire bank account but rather be limited to the amount within the bitcoin wallet.

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March 18, 2017, 11:12:39 PM
 #50

The reason for why we see so much gambling activities involving bitcoin and altcoins is because they just surpassed all the regulations installed by governments in gambling industry. In the world of fiat gambling you will need a lot of permissions from officials to open a casino, be it real or online, also you will need to present documents as a player. Everything is very regulated and taxed, which leads to increase of expenses for both casino and players and just create a lot of obstacles. Bitcoin casinos made everything really simple for players, you just buy btc, deposit it and start playing. From the player side it's better to play in bitcoin casino, because it's easier, the house edge is much lower but you will lose some protection - there are cases when bitcoin casinos refused to pay its winners and there's no regulators to force them to.
You are right, As you said, This is the main reason when we see gambling activities involving bitcoin and altcoins. It's so easy to gamble with bitcoins. so you are not obligated to upload your documents, verfiying your account and many others restrections that online gambling sites applyed to start gambling.
With online gambling sites, which accepted bitcoin and other altcoins there isn't any obstacle to gamlbers even if you are under 18 years old you can do gambling.

The_Dark_Knight
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March 19, 2017, 03:16:18 AM
 #51

hi guys
you realize that lately rampant gambling using a means of payment with bitcoin and alt coin?
or you just enjoy it?
in my mind often arise some questions
have you ever thought the same as I?
and we are all aware that bitcoin is a virtual currency that may be said multi function to perform all types of online payments
Some of the earliest adopter of any technology are always industries where there is a lot of competition and are open to experiment with new technologies so it is not a surprise the gambling industry tried bitcoin and found that their customers like it.
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March 19, 2017, 04:52:39 AM
 #52

Yes I realize that it is now very much gambling with payment tool such as bitcoin and altcoin. In some gambling sites who previously use payment with a credit card is now also started use bitcoin and altcoin as a payment tool. Far as I know this happened because bitcoin payments could keep personal information (anonymous) so that it is more sought many gamblers, it is more safer and does not need to worry about theft of information like a credit card.
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March 19, 2017, 05:16:40 AM
 #53

Yes I realize that it is now very much gambling with payment tool such as bitcoin and altcoin. In some gambling sites who previously use payment with a credit card is now also started use bitcoin and altcoin as a payment tool. Far as I know this happened because bitcoin payments could keep personal information (anonymous) so that it is more sought many gamblers, it is more safer and does not need to worry about theft of information like a credit card.

Yeah, bitcoin and altcoins are simply a better method of payments for cases like this. It is so much easier to use cryptocurrency instead of of a credit card and you don't need to supply other personal information.
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March 19, 2017, 06:08:40 AM
 #54

bitcoin and altcoin the best payment use gambling site
and is preferable and desirable gamblers because anonymous system without verified ID
if some country can't legal gambling, the best solution still playing gambling use bitcoin and altcoin


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March 19, 2017, 06:12:00 AM
 #55

hi guys
you realize that lately rampant gambling using a means of payment with bitcoin and alt coin?
or you just enjoy it?
in my mind often arise some questions
have you ever thought the same as I?
and we are all aware that bitcoin is a virtual currency that may be said multi function to perform all types of online payments

Kind of evident. One of the sole reasons people get into bitcoin, including me is because of the ease of gambling using bitcoin. Other fiat sites require every kind of verification, so bitcoin is the PERFECT solution just for that, hence has to be famous for gambling.
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March 19, 2017, 07:12:03 AM
 #56

Bitcoin is actually never being made to become a gambling token, but because bitcoin has a value and can be act as money so many people used it for gambling, and the great feature anonymity of bitcoin make bitcoin into a perfect token for gambling, and also because bitcoin is not yet legalized and not restricted in any country, so it made the gamblers from all over to world to play in bitcoin casino


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March 19, 2017, 07:58:32 AM
 #57

Rampant used of bitcoin in gambling just only means that bitcoin is now widely adopted. You have to also noticed that it is now being used not just by gambling more likely on the shopping/online selling industry. So basically i dont really bother on thinking about it
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March 19, 2017, 11:48:10 AM
 #58

bitcoin and altcoin the best payment use gambling site
and is preferable and desirable gamblers because anonymous system without verified ID
if some country can't legal gambling, the best solution still playing gambling use bitcoin and altcoin

Precisely, I think the kind of anonymity and accessibility that Bitcoin offers is what brought a lot of us onboard. It has enhanced online gambling and shielded a lot from verification which hitherto would have denied or turn a lot of people away.
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March 19, 2017, 12:28:08 PM
 #59

bitcoin and altcoin the best payment use gambling site
and is preferable and desirable gamblers because anonymous system without verified ID
if some country can't legal gambling, the best solution still playing gambling use bitcoin and altcoin

Precisely, I think the kind of anonymity and accessibility that Bitcoin offers is what brought a lot of us onboard. It has enhanced online gambling and shielded a lot from verification which hitherto would have denied or turn a lot of people away.

Its same with me, before I couldn't gamble like I can now with bitcoins. In my case bitcoins are most suitable way to gamble online without any restrictions. I realize that bitcoin can be used for other things, I'm using it for trading and buying things I wish, and bitcoin is currency for me, just more opened then other currencies.



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March 19, 2017, 12:30:36 PM
 #60

bitcoin and altcoin the best payment use gambling site
and is preferable and desirable gamblers because anonymous system without verified ID
if some country can't legal gambling, the best solution still playing gambling use bitcoin and altcoin

Precisely, I think the kind of anonymity and accessibility that Bitcoin offers is what brought a lot of us onboard. It has enhanced online gambling and shielded a lot from verification which hitherto would have denied or turn a lot of people away.

well it is not just about gambling, but about any kind of online payment that you can think of. for example when you want to buy anything online with your credit card you need to first register, then verify your identity possibly by giving that site your IDs and copy of your very personal information and wait for someone to accept them and then allow you to make the purchase and not to mention all the hacks and stolen credit cards that happen because of this!

with bitcoin you go to the shop and pay. end of story. no need to take risks of getting hacked and no need to give your personal information and destroy your anonymity.

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