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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 4790 times)
marlboroza
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September 12, 2017, 05:05:55 PM
 #261

I usually do gamble with bitcoin because nowadays altcoins seems to fluctuate ever single time thus the price is not so stable compared to bitcoin. I think it is disadvantage when price is not stable. So to be safe and precise i go with bitcoin
You are right, but Bitcoin price is also fluctuating so I don't think that is a very big difference if we use our Bitcoin or our altcoins to Gamble. Personally I never played with other altcoins because I believe too much in Bitcoin and I like to play only with it.
if the price of the bitcoin is not mattered for you, then you can play with bitcoin. All casinos will accept this and no need to pay for an extra charge to convert your bitcoins to altcoins and altcoins to BTC. Why people prefer to play with altcoins means the price of BTC is high. They can not afford that loss.
Would you buy altcoins with bitcoins and then gamble with them? Would you buy altcoin with dollars and gamble with it? Or would you mine altcoins and instead exchanging it to bitcoins and waiting for price to go up gamble with mined altcoins?
Either way it is the same thing.
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September 12, 2017, 05:48:01 PM
 #262

I love to gamble in dogecoins. One of the beauty is that people love to buy dogecoin and willing to spend it. So whenever i gamble, the amount of dogecoin i dare to play make me feel excited and rich. But even after playing and losing the dogecoin, i am still not sad.
I think this is because dogecoin don't have much value so even if you will loss few thousand doge you will not loss much in terms of bitcoin or fiat.  Grin
But yes dogecoin have faster network confirmation which makes it ideal for gambling. You don't have to wait hours to get few confirmation like with bitcoin deposit.

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September 12, 2017, 05:55:11 PM
 #263

I usually do gamble with bitcoin because nowadays altcoins seems to fluctuate ever single time thus the price is not so stable compared to bitcoin. I think it is disadvantage when price is not stable. So to be safe and precise i go with bitcoin
You are right, but Bitcoin price is also fluctuating so I don't think that is a very big difference if we use our Bitcoin or our altcoins to Gamble. Personally I never played with other altcoins because I believe too much in Bitcoin and I like to play only with it.
everybody knows bitcoin price will always fluctuating but i think that is not a big problem for the gamblers because as long as they can gamble and satified then they will not really care about the fluctuating price and indeed disadvantages from gambling with altcoins is because not too much options for gambling online sites which is accept altcoin even more likely some of them only accept bitcoin

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September 12, 2017, 06:57:43 PM
 #264

If we know we are good at gambling and feel there's a pure winning chance, then giving a shot with an altcoin shouldn't be an objection because alts will surely rise in the future and if we have the courage to bet big in alts, then it's more of an opportunity and grabbing it should not be a problem. My first choice will still be bitcoins because nothing can beat bitcoins in the end. Wink

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September 12, 2017, 10:37:16 PM
 #265

If we know we are good at gambling and feel there's a pure winning chance, then giving a shot with an altcoin shouldn't be an objection because alts will surely rise in the future and if we have the courage to bet big in alts, then it's more of an opportunity and grabbing it should not be a problem. My first choice will still be bitcoins because nothing can beat bitcoins in the end. Wink
to me i personally have no idea about gambling to play using altcoin, because i never play gambling with altcoin, as i mostly play  gambling using bitcoin while playing gambling online although a lot of gambling sites even accept some altcoins also. while i use our fiat currency when play gambling in physical casino, because most of physical casinos do not accept bitcoin in my area.
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September 13, 2017, 02:17:40 AM
 #266

If we know we are good at gambling and feel there's a pure winning chance, then giving a shot with an altcoin shouldn't be an objection because alts will surely rise in the future and if we have the courage to bet big in alts, then it's more of an opportunity and grabbing it should not be a problem. My first choice will still be bitcoins because nothing can beat bitcoins in the end. Wink

I have some alts on hold and if I'm not in that good time to gamble with my bitcoin because it's quite being low at this moment or with the same scenario, I'm not going to gamble with my bitcoin. There are a lot of alt coins that I can choose to gamble and every casino does have their own choices for the alt coins which is in favor to us.

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September 13, 2017, 02:38:25 AM
 #267

Because of the higher transaction fee with bitcoin, gambling with altcoin is favorable for me because of the same reason which is lower transaction fee. I got this altcoin from faucet so it's much easy to gamble when I know I have not spent money to have it. I may have spent some time to accumulate it but then I only go to faucets when I have extra time after doing all the necessary things I have to do during the day. It's good that gambling sites has given as a choice of gambling with other coins.

Moreover, I am not that emotional when gambling with altcoin because I know that I can still accumulate some if ever I lose it because when it comes to bitcoin, I immediately think how much value in fiat I would lose but with altcoin its different. Maybe because I can afford to lose it that's why I am not that affected in gambling it.


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September 13, 2017, 03:00:44 AM
 #268

If we know we are good at gambling and feel there's a pure winning chance, then giving a shot with an altcoin shouldn't be an objection because alts will surely rise in the future and if we have the courage to bet big in alts, then it's more of an opportunity and grabbing it should not be a problem. My first choice will still be bitcoins because nothing can beat bitcoins in the end. Wink

I have some alts on hold and if I'm not in that good time to gamble with my bitcoin because it's quite being low at this moment or with the same scenario, I'm not going to gamble with my bitcoin. There are a lot of alt coins that I can choose to gamble and every casino does have their own choices for the alt coins which is in favor to us.
For me, I could easily gamble with altcoins if I feel the need to play, it does not affect my holdings because I can easily buy and just play.
Gambling with altcoins will give you an advantage for cheap transactions but not all sites are accepting altcoins so we are force to gamble with bitcoin.
Actually I am also a holder of altcoins, I love to diversify my investment with altcoins because they are also profitable.

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September 13, 2017, 03:10:53 AM
 #269

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?

Bitcoins and dodge coins are mostly accepted in most of the online sites that i have joined but for me no matter what coin it is still the more important thing in gamble is the winning and not to losing. If we win it doest matter how cheaper or expensive the coin we use to gamble as capital.
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September 13, 2017, 03:44:34 AM
 #270

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?

Bitcoins and dodge coins are mostly accepted in most of the online sites that i have joined but for me no matter what coin it is still the more important thing in gamble is the winning and not to losing. If we win it doest matter how cheaper or expensive the coin we use to gamble as capital.
I agree , We just need to win to gain profit, no matter if what coin are we gambling. Profit is profit and almost of the coin that we are using in gambling is can be turned into fiat.



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blockman
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September 13, 2017, 03:46:05 AM
 #271

I usually gamble with those free coins on yobit and simply dice it them. I have read this tip before here on forum and I just tried it recently, it's like unlimited gambling but it's only good for those people that doesn't into profit but just want to enjoy dice game since it is freecoins, don't expect too much with it.


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noormcs5
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September 13, 2017, 04:29:57 AM
 #272

I usually gamble with those free coins on yobit and simply dice it them. I have read this tip before here on forum and I just tried it recently, it's like unlimited gambling but it's only good for those people that doesn't into profit but just want to enjoy dice game since it is freecoins, don't expect too much with it.

You play on yobit and simply dice because you get free coins. But mostly gamblers like to play gambling with their bitcoins, the reason if we win then we get more bitcoin, and online gambling sites easily accept bitcoin than other altcoin. But if you are playing gambling with free coins it is also save way from your lose of bitcoin.   
eagleman
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September 13, 2017, 04:56:19 AM
 #273

I usually gamble with those free coins on yobit and simply dice it them. I have read this tip before here on forum and I just tried it recently, it's like unlimited gambling but it's only good for those people that doesn't into profit but just want to enjoy dice game since it is freecoins, don't expect too much with it.

This strategy is very tiring, I knew it before when I visited yobit but those coins doesn't have real value and if you'll be getting ETH or DOGE there mostly it estimates the cost only $0.0000000001 so that's very a small amount. There's nothing wrong with it since you are only looking to have fun with them.

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lorylore
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September 13, 2017, 05:19:28 AM
 #274

I usually gamble with those free coins on yobit and simply dice it them. I have read this tip before here on forum and I just tried it recently, it's like unlimited gambling but it's only good for those people that doesn't into profit but just want to enjoy dice game since it is freecoins, don't expect too much with it.

This strategy is very tiring, I knew it before when I visited yobit but those coins doesn't have real value and if you'll be getting ETH or DOGE there mostly it estimates the cost only $0.0000000001 so that's very a small amount. There's nothing wrong with it since you are only looking to have fun with them.

Well overall it is free coins and you are not aiming for profit but rather just purely entertainment. If you are looking for some extra cash to bring home, then you are having the wrong intention in gambling. It is better to find other sources of getting money like signature campaign or better to work in real life.

ethereumhunter
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September 13, 2017, 07:50:56 AM
 #275

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?

Bitcoins and dodge coins are mostly accepted in most of the online sites that i have joined but for me no matter what coin it is still the more important thing in gamble is the winning and not to losing. If we win it doest matter how cheaper or expensive the coin we use to gamble as capital.

using dogecoins as a bets is a fun because dogecoin price is cheap and if we place bets, if we are loss, we don't feel too sad and we can buy another dogecoin in big amount. but if we use bitcoin, if we are loss, then we can be really sad especially if the price is at high price and i think its better to use dogecoin than bitcoin.

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September 13, 2017, 09:20:44 AM
 #276

I love to gamble in dogecoins. One of the beauty is that people love to buy dogecoin and willing to spend it. So whenever i gamble, the amount of dogecoin i dare to play make me feel excited and rich. But even after playing and losing the dogecoin, i am still not sad.
To gamble use altcoins such as dogecoin for me have a lot of benefit.
For example you will feel like gamble at odds 4x or more because the price of altcoin itself could increased 100% within a week , and you win the game to make it doubled.
That is what makes me so comfortable to gamble use altcoins besides the lovely very low fees.
daringdiscovered
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September 13, 2017, 10:04:06 AM
 #277

I usually gamble with those free coins on yobit and simply dice it them. I have read this tip before here on forum and I just tried it recently, it's like unlimited gambling but it's only good for those people that doesn't into profit but just want to enjoy dice game since it is freecoins, don't expect too much with it.

This strategy is very tiring, I knew it before when I visited yobit but those coins doesn't have real value and if you'll be getting ETH or DOGE there mostly it estimates the cost only $0.0000000001 so that's very a small amount. There's nothing wrong with it since you are only looking to have fun with them.

Yeah. If you are just doing gambling for fun then it is the safest way to do it, using the free satoshis or other coin in a certain gambling site will do, but if you are going to make some deposits then gamble for fun? Maybe you are just kidding buddy, there is no person that would be happy when he is losing his money, so we have to think it carefully first before doing gambling.
GlassMaster
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September 13, 2017, 10:15:17 AM
 #278

I sometimes use different crypto-currencies for gambling through the Internet, because it is very convenient for me, but I always remember the risks of losing your precious coins.

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September 13, 2017, 05:52:33 PM
 #279

For me there is no point in using altcoins for gambling. There is no benefit attained if I used altcoins, especially now that fees and transaction speed have improved after the recent bitcoin upgrade. It is much more expensive to use altcoins since you have to convert fiat to btc then btc to altcoin then gamble, withdraw altcoin convert to btc then convert to fiat. Those steps all require fees!

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September 13, 2017, 08:11:16 PM
 #280

I usually do gamble with bitcoin because nowadays altcoins seems to fluctuate ever single time thus the price is not so stable compared to bitcoin. I think it is disadvantage when price is not stable. So to be safe and precise i go with bitcoin
You are right, but Bitcoin price is also fluctuating so I don't think that is a very big difference if we use our Bitcoin or our altcoins to Gamble. Personally I never played with other altcoins because I believe too much in Bitcoin and I like to play only with it.
if the price of the bitcoin is not mattered for you, then you can play with bitcoin. All casinos will accept this and no need to pay for an extra charge to convert your bitcoins to altcoins and altcoins to BTC. Why people prefer to play with altcoins means the price of BTC is high. They can not afford that loss.
Would you buy altcoins with bitcoins and then gamble with them? Would you buy altcoin with dollars and gamble with it? Or would you mine altcoins and instead exchanging it to bitcoins and waiting for price to go up gamble with mined altcoins?
Either way it is the same thing.

I agree, you using one of them is still gambling.  Though, the waiting time might probably vary.  If you are impatient go buy an altcoin with fast confirmation, send it to the online casino and gamble with it.  But if you are patient enough to wait, then I can say Bitcoin is a better option since we do not have to deal with fluctuation. And I think worst choice would be money since we need our identities submitted on that  Gambling casino online.

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