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Author Topic: Why Is Bitcoin Gambling Industry So Successful in the World?  (Read 5488 times)
Caladonian
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May 21, 2017, 03:18:31 AM
 #121

Always easy earning attracts users in a simple manner. So gambling industry being successful is not a big thing and the bitcoin usage into gambling make it more easy to use. Now a major percentage of bitcoin circulation takes place through the gambling​industry.
Yes mate gambling industry really makes a success with bitcoin since its really an easy access for most gamblers to play secretly and with most people who got involved they really make a huge impact more usage more success for bitcoin industry.
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May 21, 2017, 03:45:52 AM
 #122

Always easy earning attracts users in a simple manner. So gambling industry being successful is not a big thing and the bitcoin usage into gambling make it more easy to use. Now a major percentage of bitcoin circulation takes place through the gambling​industry.
Yes mate gambling industry really makes a success with bitcoin since its really an easy access for most gamblers to play secretly and with most people who got involved they really make a huge impact more usage more success for bitcoin industry.

I agree, Bitcoin enable lots of people to access the gambling industry.  One of the reason is, those who do not have bank account can now play in the Casino with bitcoin.  Aside from that minors can sneak into the casino site undetected since they are anonymous.  This is some reason why Bitcoin gambling industry is successful.
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May 21, 2017, 03:48:00 AM
 #123

Always easy earning attracts users in a simple manner. So gambling industry being successful is not a big thing and the bitcoin usage into gambling make it more easy to use. Now a major percentage of bitcoin circulation takes place through the gambling​industry.
Yes mate gambling industry really makes a success with bitcoin since its really an easy access for most gamblers to play secretly and with most people who got involved they really make a huge impact more usage more success for bitcoin industry.
i think it's not about easy access , anonymous etc ,
but because the bitcoin casino run illegally , they did not pay the tax ,
no wonder they so successful getting profit ,
as the amount to pay the tax is pretty high .
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May 21, 2017, 04:45:06 AM
 #124

Because its completely anonymous... coins like XMR are untraceable and they are the future for gambling
Yes, bitcoin will be anonymous too with using bitcoin mixing service without convert to xmr
also there are not the gambling service that accept xmr for getting in gambling, do you can give detail about it?
the altcoins be used for gambling game is ethereum especially for vdice.io that accept ethereum for betting, it will be successful too because of the first gambling be builded on ethereum blockchain.
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May 21, 2017, 08:17:43 PM
 #125

Because everyone could play it online from the comfort of staying at home, and also players could just play it anywhere as long they have internet connection. And most importantly, players can remain anonymous just by setting up a username and don't need to provide any identity verification to withdraw the money  Smiley

Probably this is the reason why everyone loves to do bitcoin gambling. Because before there is an online gambling already but it was just upgrade into bitcoin gambling for the adoption of bitcoin. And it became successful, it doesn't require some registration (for some) and there's no need to show proof of identity.
With that, gambling is very fast for you but it poses some risk because there is no KYC involve where you cannot go after with your money if anything happen to a site. However, that is not a problem nowadays, with bitcoin gambling we are able to diversify our bets or even investments with different gambling sites, it will not eliminate the risk but will minimize it.

It is one of their disadvantage for the security of the gamblers, they are not implementing KYC. Mostly, they are only thinking that there are gamblers that doesn't want to do some registration and other confirmation and verification. They are focusing more with their games and on how they can attract more gamblers which is very effective.

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May 21, 2017, 09:58:51 PM
 #126

Only part i agree is anonymity(not full) and personal information not necessary but it applies to some sites not.
I don't find this parts true - "no fees during deposits" while there are fees,  "it gets placed into one’s account so fast" and we all know how long we are waiting for deposits.
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May 21, 2017, 10:48:29 PM
 #127

With that, gambling is very fast for you but it poses some risk because there is no KYC involve where you cannot go after with your money if anything happen to a site. However, that is not a problem nowadays, with bitcoin gambling we are able to diversify our bets or even investments with different gambling sites, it will not eliminate the risk but will minimize it.

It is one of their disadvantage for the security of the gamblers, they are not implementing KYC. Mostly, they are only thinking that there are gamblers that doesn't want to do some registration and other confirmation and verification. They are focusing more with their games and on how they can attract more gamblers which is very effective.

KYC is very useful for responding to customer complaints, if they complain of mis-delivery or fraud cases when transactions to other users, or even to their other accounts. Anonymous can also damage the gambling system where people can register a hundred accounts to tricking poker table system. The best of bitcoin gambling still exist is because they minimize damage from its users.
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May 22, 2017, 04:21:09 AM
 #128

In my personal experience bitcoin gambling be successful because of it is gives me protect indentity
on my country gambling is something illegal activities,
 but with bitcoin for betting makes easy to play online gambling and it is good for my entertainment
it gives me free way to choose play gambling.  Grin
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May 22, 2017, 05:39:07 AM
 #129

In my personal experience bitcoin gambling be successful because of it is gives me protect indentity
on my country gambling is something illegal activities,
 but with bitcoin for betting makes easy to play online gambling and it is good for my entertainment
it gives me free way to choose play gambling.  Grin

I think only reason is its totally anonymous and you dont have to show any proof and sitting at home you can easily at your choice can play and get entertain oneself and win/loose the amount while betting . Rest while in normal gambling you may be asked to reveal your age proof etc.
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May 22, 2017, 07:31:11 AM
 #130

For me I think the reason why bitcoin gambling is being successful because of its easy access to the system. And ofcourse hidden real identity or being anonymous that other peoole attracted to play in gambling industry. More attracted to gamble and to earn money.
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May 22, 2017, 07:56:58 AM
 #131

Always easy earning attracts users in a simple manner. So gambling industry being successful is not a big thing and the bitcoin usage into gambling make it more easy to use. Now a major percentage of bitcoin circulation takes place through the gambling​industry.
Yes mate gambling industry really makes a success with bitcoin since its really an easy access for most gamblers to play secretly and with most people who got involved they really make a huge impact more usage more success for bitcoin industry.
Yes it is is too easy to enter an online casino not only for the adults but also for the miners. The minors consider it an opportunity because they are not allowed to enter on land casinos and the online casino don't really inquire that much to find the actual age of any participant or visitor. So, it is also one of the major factor that makes the online casino more successful.  Wink
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May 22, 2017, 08:02:22 AM
 #132

Always easy earning attracts users in a simple manner. So gambling industry being successful is not a big thing and the bitcoin usage into gambling make it more easy to use. Now a major percentage of bitcoin circulation takes place through the gambling​industry.
Yes mate gambling industry really makes a success with bitcoin since its really an easy access for most gamblers to play secretly and with most people who got involved they really make a huge impact more usage more success for bitcoin industry.
Yes it is is too easy to enter an online casino not only for the adults but also for the miners. The minors consider it an opportunity because they are not allowed to enter on land casinos and the online casino don't really inquire that much to find the actual age of any participant or visitor. So, it is also one of the major factor that makes the online casino more successful.  Wink
It's not just adults that gamble, there are some kids or minor people who play it. I thought you said that miners, miners that mine bitcoin lol. It's enjoyable but definitely not the thing to do if you are getting addicted to it because you can actually get addicted. Making the casino successful by addicted gamblers and non-addicted people.

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May 22, 2017, 10:35:49 AM
 #133

Always easy earning attracts users in a simple manner. So gambling industry being successful is not a big thing and the bitcoin usage into gambling make it more easy to use. Now a major percentage of bitcoin circulation takes place through the gamblingindustry.
Yes mate gambling industry really makes a success with bitcoin since its really an easy access for most gamblers to play secretly and with most people who got involved they really make a huge impact more usage more success for bitcoin industry.
Yes it is is too easy to enter an online casino not only for the adults but also for the miners. The minors consider it an opportunity because they are not allowed to enter on land casinos and the online casino don't really inquire that much to find the actual age of any participant or visitor. So, it is also one of the major factor that makes the online casino more successful.  Wink
It's not just adults that gamble, there are some kids or minor people who play it. I thought you said that miners, miners that mine bitcoin lol. It's enjoyable but definitely not the thing to do if you are getting addicted to it because you can actually get addicted. Making the casino successful by addicted gamblers and non-addicted people.
Miners mean under 18 kids he clearly mentioned that they would not get a chance to enter real casinos. Yes for kids online gambling there is no restriction they can play without showing any identity and bitcoin gambling no can track. So the Bitcoin gamblers are increasing day by day. This will give huge revenue to all casinos that are why the bitcoin casino are so successful in this world.
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May 22, 2017, 11:08:35 AM
 #134

In my personal experience bitcoin gambling be successful because of it is gives me protect indentity
on my country gambling is something illegal activities,
 but with bitcoin for betting makes easy to play online gambling and it is good for my entertainment
it gives me free way to choose play gambling.  Grin

Bicoin is also some type of money,for perfect clearance digital money. It shouldnt matter if you gamble with your own hard earned cash or with earned bitcoins. At least you gamble for profit or maybe enjoying fomr balckjack, baccarat. Yes, with bitcoin you can hide your identity but wait..If you just try to enjoy with gamble why you feel to keep your anonymity?

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May 22, 2017, 11:42:29 AM
 #135

In my personal experience bitcoin gambling be successful because of it is gives me protect indentity
on my country gambling is something illegal activities,
 but with bitcoin for betting makes easy to play online gambling and it is good for my entertainment
it gives me free way to choose play gambling.  Grin

Bicoin is also some type of money,for perfect clearance digital money. It shouldnt matter if you gamble with your own hard earned cash or with earned bitcoins. At least you gamble for profit or maybe enjoying fomr balckjack, baccarat. Yes, with bitcoin you can hide your identity but wait..If you just try to enjoy with gamble why you feel to keep your anonymity?

Because in many countries it is illegal to gamble and in some more countries they charge heavy taxes when you gamble, because they think that you have too much money if you are into gambling. That is the main reason why Bitcoin gambling industry is so successful.

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May 22, 2017, 11:58:57 AM
 #136

In my personal experience bitcoin gambling be successful because of it is gives me protect indentity
on my country gambling is something illegal activities,
 but with bitcoin for betting makes easy to play online gambling and it is good for my entertainment
it gives me free way to choose play gambling.  Grin

Bicoin is also some type of money,for perfect clearance digital money. It shouldnt matter if you gamble with your own hard earned cash or with earned bitcoins. At least you gamble for profit or maybe enjoying fomr balckjack, baccarat. Yes, with bitcoin you can hide your identity but wait..If you just try to enjoy with gamble why you feel to keep your anonymity?

Because in many countries it is illegal to gamble and in some more countries they charge heavy taxes when you gamble, because they think that you have too much money if you are into gambling. That is the main reason why Bitcoin gambling industry is so successful.
well its relatively right this also a reason why bitcoin gamblers chooses to use bitcoin for their activity instead of going to live casino or giving any personal information when playing with online casino who's asking for credit card or paypals.

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May 22, 2017, 12:08:25 PM
 #137

In my personal experience bitcoin gambling be successful because of it is gives me protect indentity
on my country gambling is something illegal activities,
 but with bitcoin for betting makes easy to play online gambling and it is good for my entertainment
it gives me free way to choose play gambling.  Grin

Bicoin is also some type of money,for perfect clearance digital money. It shouldnt matter if you gamble with your own hard earned cash or with earned bitcoins. At least you gamble for profit or maybe enjoying fomr balckjack, baccarat. Yes, with bitcoin you can hide your identity but wait..If you just try to enjoy with gamble why you feel to keep your anonymity?

Because in many countries it is illegal to gamble and in some more countries they charge heavy taxes when you gamble, because they think that you have too much money if you are into gambling. That is the main reason why Bitcoin gambling industry is so successful.
yes in some places it was illegal , and make a lot of people who really hate that regulation and want to gamble no matter what will prefer to choose to gamble online in bitcoin sites rather than in fiat gambling site which a lot of fees taken from players.

a lot of benefit indeed , but there always a risk too , feel free to choose which one.

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Sidas_Crew669
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May 22, 2017, 12:55:27 PM
 #138

Always easy earning attracts users in a simple manner. So gambling industry being successful is not a big thing and the bitcoin usage into gambling make it more easy to use. Now a major percentage of bitcoin circulation takes place through the gambling​industry.
Yes mate gambling industry really makes a success with bitcoin since its really an easy access for most gamblers to play secretly and with most people who got involved they really make a huge impact more usage more success for bitcoin industry.

I agree, Bitcoin enable lots of people to access the gambling industry.  One of the reason is, those who do not have bank account can now play in the Casino with bitcoin.  Aside from that minors can sneak into the casino site undetected since they are anonymous.  This is some reason why Bitcoin gambling industry is successful.

Well, it is now a lot of gambling comes from bitcoin. Because the system in the bitcoin is very good, and also those who use bitcoin can be hard to track who is using it. But keep in mind that, gambling has many dangerous holes and if we can't play well then obtained is simply a great loss. Indeed profitable gambling, but if we decide it will end up horribly
.Self control is the main thing to avoid viewing of addiction and also disadvantages
 
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May 22, 2017, 12:59:01 PM
 #139

Always easy earning attracts users in a simple manner. So gambling industry being successful is not a big thing and the bitcoin usage into gambling make it more easy to use. Now a major percentage of bitcoin circulation takes place through the gambling​industry.
Yes mate gambling industry really makes a success with bitcoin since its really an easy access for most gamblers to play secretly and with most people who got involved they really make a huge impact more usage more success for bitcoin industry.

I agree, Bitcoin enable lots of people to access the gambling industry.  One of the reason is, those who do not have bank account can now play in the Casino with bitcoin.  Aside from that minors can sneak into the casino site undetected since they are anonymous.  This is some reason why Bitcoin gambling industry is successful.

Well, it is now a lot of gambling comes from bitcoin. Because the system in the bitcoin is very good, and also those who use bitcoin can be hard to track who is using it. But keep in mind that, gambling has many dangerous holes and if we can't play well then obtained is simply a great loss. Indeed profitable gambling, but if we decide it will end up horribly
.Self control is the main thing to avoid viewing of addiction and also disadvantages
 

Well it makes a lot of sense that bitcoin's safety is one of the top reasons why bitcoin gambling is now more preferred. You don't have to deposit with your personal information on the line to start gambling with btc, You can play with earnings you get from campaigns like this or services you made. No one would be able to know your identity. That makes it safer for gamblers and takes online gambling to a new level with this feature


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May 22, 2017, 01:02:30 PM
 #140

Because everyone loves to gamble even bitcoin is not that famous people is using fiat to do gambling but then since bitcoin introduce to our community they starting to use bitcoin then. That's the reason why gambling is successful to our world they love gambling.

Y U MAD AT ME
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