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Poll
Question: What coins do you mostly gamble with?
bitcoin
ethereum
litecoin
a coin based on eth platform
dogecoin
I don't gamble much
old-school fiat is best for me
other coin

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Author Topic: Gambling with altcoins  (Read 16602 times)
daringdiscovered
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August 14, 2017, 02:03:40 PM
 #141

Most favorite coin to gambling is bitcoin
But some members choose gambling with altcoin an options
Sometimes to get profit or just for intermezzo

They are doing gambling with bitcoin because they want their deposit to be last longer compare if they are going to use bitcoin on gambling, but if we really wanted to have huge profits, then use bitcoin on betting, but only if you are going to win of course, lol. Gambling with Altcoin is a little bit confusing if you are used on bitcoin when it comes to betting, you are going to adjust yourself to familiarize it.
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August 14, 2017, 02:13:27 PM
 #142

I think it depends on your strategie. I try to make small but multiple amount of profits so I need a coin that doesn't lower it's price in a day. I used to use litecoin because of this but now I prefer BTC.Since the price is going up it almost doubles my small profits which gives me a huge sum of profit at the end of the day.
TeejayTJ
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August 14, 2017, 03:00:09 PM
 #143

Nice idea, I found a site that let users bet with .00000001 dogecoin as the minimum bet so if you have 1k doges it will be enough to try different strategies, may take time to profit though because dogecoin is about 40-45 satoshis only.
Are you sure you are gambling?
Good luck in making profit out of 0.000000000016$ bets.
Send me PM when you make 1$ out of it i will send you another one  Grin

That's not gambling anymore but wasting precious time and electricity, only mentioned minimum bet doesn't mean I will bet with the minimum
Only for looking a good strategy and if found one adjustment to the bankroll and increase on the bb have to be done.
dasana212
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August 14, 2017, 04:14:05 PM
 #144

I prefer to gamble with altcoin like doge or litecoin. Both of these have low fee, as well as fast confirmation. However, if i make deposit with large amount, i still use bitcoin. Because that's what i hold.
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August 14, 2017, 04:49:14 PM
 #145

Have played with Dogecoins, Ethereum and Litecoin before. DOGE has a big advantage of being quicker, cheaper (1 DOGE fee = ~100 satoshi at max) to send payment with, thus cheaper to play with in addition the market does not get impacted majorly if you see a bitcoin value considering the offer/demand wall is high.
wxa7115
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August 14, 2017, 10:28:32 PM
 #146

I see many coins around. Even a year ago there were some casinos accepting litecoin and dogecoin. As bitcoin is now really expensive and slow plus some people are afraid of tomorrow's segwit thing, I thought it would be interesting enough to create a poll and see how many people still gamble with bitcoin and are there many fans of other coins. Nowadays the range is really wide, so we have what to choose from What do you think?
I like to gamble but it is becoming harder and harder to gamble my coins, bitcoin is very valuable at the moment but even if altcoins are cheaper the growth of altcoins in this year have been even greater than the growth of bitcoin so it is difficult to gamble my EHT or LTC when I think those coins are going to go up in the short term.
Pettuh4
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August 14, 2017, 10:52:54 PM
 #147

Most favorite coin to gambling is bitcoin
But some members choose gambling with altcoin an options
Sometimes to get profit or just for intermezzo

They are doing gambling with bitcoin because they want their deposit to be last longer compare if they are going to use bitcoin on gambling, but if we really wanted to have huge profits, then use bitcoin on betting, but only if you are going to win of course, lol. Gambling with Altcoin is a little bit confusing if you are used on bitcoin when it comes to betting, you are going to adjust yourself to familiarize it.

I think gambling with an alt is a sensible way to bypass the huge fees that are associated with Bitcoin and faster confirmation times. It virtually better but not as famous as Bitcoin.
megynacuna
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August 14, 2017, 11:14:51 PM
 #148

I'm currently gambling with litecoins and sometimes dodge coins but I'm in love with litecoins for now and the fact that coinbase had included that in their portfolio I favor it above other Altcoins because it confirms fast and the fees are very less.
szpalata
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August 15, 2017, 12:36:04 AM
 #149

I see many coins around. Even a year ago there were some casinos accepting litecoin and dogecoin. As bitcoin is now really expensive and slow plus some people are afraid of tomorrow's segwit thing, I thought it would be interesting enough to create a poll and see how many people still gamble with bitcoin and are there many fans of other coins. Nowadays the range is really wide, so we have what to choose from What do you think?
I like to gamble but it is becoming harder and harder to gamble my coins, bitcoin is very valuable at the moment but even if altcoins are cheaper the growth of altcoins in this year have been even greater than the growth of bitcoin so it is difficult to gamble my EHT or LTC when I think those coins are going to go up in the short term.

But you're earnings are going to be in that coin and so I guess there's no need to hold them and no gamble because after any increments your wins will also increase with it.
maydna
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August 15, 2017, 12:58:43 AM
 #150

I prefer to gamble with altcoin like doge or litecoin. Both of these have low fee, as well as fast confirmation. However, if i make deposit with large amount, i still use bitcoin. Because that's what i hold.

i am using dogecoin to playing gambling because like you said, the price is cheap depend the other coins, the fee is small and if we buy in large amount, we don't have to spend big bitcoin. because of bitcoin price is still increase, then i think i am not using bitcoin as my bet but i will stick with dogecoin for a while.

 
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TexasHuck
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August 15, 2017, 03:24:24 AM
 #151

I don't gamble much myself, but I would choose a coin in whose value is highly stable and does not fluctuate much.

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babysweetTiger0401
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August 15, 2017, 03:59:11 AM
 #152

I see many coins around. Even a year ago there were some casinos accepting litecoin and dogecoin. As bitcoin is now really expensive and slow plus some people are afraid of tomorrow's segwit thing, I thought it would be interesting enough to create a poll and see how many people still gamble with bitcoin and are there many fans of other coins. Nowadays the range is really wide, so we have what to choose from What do you think?
I dont gamble with altcoins, I usually do gambled with bitcoin. Altcoin is very cheap value only while bitcoin is not, and we all knew that as a gambler. Or if ever I gamble with altcoin I would choose LTC, and ETH.
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August 15, 2017, 04:05:26 AM
 #153

Gambling with altcoin far more riskier than bitcoin since it's difficult to predict
I'm usually bet with ETH once a week and sadly I'm still no luck on it so for the rest I'm prefer to trade it rather than gamble it away
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August 15, 2017, 07:05:25 AM
 #154

Gambling with altcoin far more riskier than bitcoin since it's difficult to predict
I'm usually bet with ETH once a week and sadly I'm still no luck on it so for the rest I'm prefer to trade it rather than gamble it away
I find gambling with bitcoin and altcoin to be the same. With bitcoin the availability of gambling websites were high than the gambling websites available with altcoin acceptance. Confirmation of the odds using bitcoin becomes more effective than usage of altcoins.

Soranith
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August 15, 2017, 07:22:57 AM
 #155

I tried betting with ethereum recently and for me it has a very big difference since you will have a bigger bank roll in terms of decimals so you will have a longer time to play especially with dice.
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August 17, 2017, 11:40:58 PM
 #156

Not a bad idea altcoins process your deposits faster amd nowadays all these vdice and ethereum gambling sites are trying to make gambling more anonymous by using it's same contract feature and allowing people to gamble with even making a account. Altcoins gambling has a bright future
ethereum still has a little bit delayed , you must try dogecoin with extremely low transaction fee but fastest confirmation. i have tried it many times deposit on several casinos and within a minute it gets confirmed , mostly within 5 or 10 minutes . far better than bitcoin that has a lot of problem especially on its network where thousands unconfirmed transaction stucked for days or even weeks!
You can send ethereum transactions with more speed. But doge speed can never be broken doge is the fastest altcoin in gambling. Bitcoin is shit it can take lot of days for the transaction to confirm and by the time it confirms all the enthusiasm is gone and we only see loss
LuanX3
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August 18, 2017, 05:59:23 AM
 #157

Not a bad idea altcoins process your deposits faster amd nowadays all these vdice and ethereum gambling sites are trying to make gambling more anonymous by using it's same contract feature and allowing people to gamble with even making a account. Altcoins gambling has a bright future
ethereum still has a little bit delayed , you must try dogecoin with extremely low transaction fee but fastest confirmation. i have tried it many times deposit on several casinos and within a minute it gets confirmed , mostly within 5 or 10 minutes . far better than bitcoin that has a lot of problem especially on its network where thousands unconfirmed transaction stucked for days or even weeks!
You can send ethereum transactions with more speed. But doge speed can never be broken doge is the fastest altcoin in gambling. Bitcoin is shit it can take lot of days for the transaction to confirm and by the time it confirms all the enthusiasm is gone and we only see loss

Yeah bitcoin is shit in speed but Ethereum and Doge are shit as cryptocurrency. First off, you cannot buy Ethereum or Doge easily without using bitcoins to buy it.
That means it is impractical to use ETH or Doge, because you need to buy bitcoins, convert to shit coins, then gamble, then withdraw, then convert back to bitcoins
and finally cash out bitcoins back to fiat. Too tideous.
wxa7115
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August 18, 2017, 09:53:38 PM
Last edit: August 18, 2017, 10:34:59 PM by wxa7115
 #158

Gambling with altcoin far more riskier than bitcoin since it's difficult to predict
I'm usually bet with ETH once a week and sadly I'm still no luck on it so for the rest I'm prefer to trade it rather than gamble it away
I do not think there is any difference if you bet with bitcoin or with altcoins, if you are playing in the same casino with the same games and the same odds then there should to be a difference at all in how much you win or how much you lose in the casino.
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August 18, 2017, 11:36:11 PM
 #159

Not a bad idea altcoins process your deposits faster amd nowadays all these vdice and ethereum gambling sites are trying to make gambling more anonymous by using it's same contract feature and allowing people to gamble with even making a account. Altcoins gambling has a bright future
ethereum still has a little bit delayed , you must try dogecoin with extremely low transaction fee but fastest confirmation. i have tried it many times deposit on several casinos and within a minute it gets confirmed , mostly within 5 or 10 minutes . far better than bitcoin that has a lot of problem especially on its network where thousands unconfirmed transaction stucked for days or even weeks!
You can send ethereum transactions with more speed. But doge speed can never be broken doge is the fastest altcoin in gambling. Bitcoin is shit it can take lot of days for the transaction to confirm and by the time it confirms all the enthusiasm is gone and we only see loss

Yeah bitcoin is shit in speed but Ethereum and Doge are shit as cryptocurrency. First off, you cannot buy Ethereum or Doge easily without using bitcoins to buy it.
That means it is impractical to use ETH or Doge, because you need to buy bitcoins, convert to shit coins, then gamble, then withdraw, then convert back to bitcoins
and finally cash out bitcoins back to fiat. Too tideous.
There are ways to but ethereum without bitcoin by various exchanges unfortunately for doge that option still isn't available but it's really sad to see that this is the current trend people tend to buy bitcoin just to gamble no reason every gambling business is getting super profits holding bitcoin is the easiest way to get profit
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August 19, 2017, 01:42:11 AM
 #160

It's good to bet too on altcoins whenever you have a low bank roll of bitcoin. You just need to convert it with your altcoin that you desire to use with your gambling activities. You can also have a big bank roll of altcoins but the value is low but if you use it with betting. It will be good because some site offers a very low minimum bet with altcoin which is good to us if we want to play with with a strategy that needs a good amount of starting balance.

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