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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 4809 times)
nydiacaskey01
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January 18, 2018, 11:48:19 PM
 #421

Gambling with altcoins (DOGE and LTC) has been my alternative whenever I see a drop of price of altcoin. So instead of selling them at loss, I just transfer them to my account is Bitsler and play with them for a chance to double or multiply the amount of altcoins that I hold.

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January 18, 2018, 11:54:14 PM
 #422

Gambling with altcoins (DOGE and LTC) has been my alternative whenever I see a drop of price of altcoin. So instead of selling them at loss, I just transfer them to my account is Bitsler and play with them for a chance to double or multiply the amount of altcoins that I hold.

What's the difference? You are still gambling, it's like when you lose on trading you immediately go to a gambling site to "try" and get back your money. Which is supposed to be a sin to any trader. This is the primary reason why yobit incorporated a dice game on their trading site. For people like you that tend to gamble after they lose on trading. You should really reconsider your options when you do this. If you want to just gamble, leave trading out of it. Buy alts and gamble, don't trade and gamble your position.
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January 19, 2018, 04:54:14 AM
 #423

Has anyone heard of vertcoin and using it for betting with but do not hold any.
Is it a reliable coin to use as a replacement for bitcoin?
Will give it a try once I get my bitcoin out of being stuck in the blockchain for a whole day now due to a low fee paid of $25. Roll Eyes

I see many people are using Vertcoin for betting.
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January 19, 2018, 07:09:10 AM
 #424

Has anyone heard of vertcoin and using it for betting with but do not hold any.
Is it a reliable coin to use as a replacement for bitcoin?
Will give it a try once I get my bitcoin out of being stuck in the blockchain for a whole day now due to a low fee paid of $25. Roll Eyes

I see many people are using Vertcoin for betting.

I never use vertcoin for betting and I use dogecoin or litecoin but the most coin that I use is dogecoin. I don't know how much fee to send vertcoin and I think it is easy to use dogecoin and the fee is only 5 dogecoin which is too cheap and if we want to buy dogecoin, the price is very cheap so we can use dogecoin for playing gambling for all day.

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January 19, 2018, 07:56:18 AM
 #425

I mainly gamble with bitcoin , though I have gamble with BURST, DOGE,ETH and LTC. We need to make slight change in strategies when we move to different coin as in the max of gambling site we have a fixed minimum bet. And as I used to gamble with bitcoin so I feel comfortable with my strategies to doing so.
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January 19, 2018, 09:48:47 AM
 #426

I mainly gamble with bitcoin , though I have gamble with BURST, DOGE,ETH and LTC. We need to make slight change in strategies when we move to different coin as in the max of gambling site we have a fixed minimum bet. And as I used to gamble with bitcoin so I feel comfortable with my strategies to doing so.
You would really feel the changes since you are already get used to make some strategies with bitcoin betting and when you try to switch into altcoins then value would really differ but playing with altcoins is somehow enjoying because you can extent on the values being used.This thing is entirely depending on peoples or gamblers preference.

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sheenshane
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January 19, 2018, 03:00:35 PM
 #427

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 had already voted the pool my choice is bitcoin and i was found out that there are too many voting of bitcoin compared in altcoins. I think the reasons behind bitcoin is mostly common now and very popular to gambled compared to altcoins even though it is now very high fees and low transaction still it is bitcoin. For me if i gambled altcoins then if i won i changed it into bitcoin, so why i choose altcoin that there are many fees to transact not like just bitcoin,  it is bitcoin already easy to change into fiat. Have you get my point? Grin

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January 20, 2018, 02:42:35 AM
 #428

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?

Thats good  idea that to create a poll or a survey to determine how many people were doing gambling and to identify  also of how many people who having fans in other coins,but in other place we should consider that there some celebrity and popular people who done gambling,but they want to still become anonymous, to protect there name and there asset or wealth to become a controversial in media,thats why its better for us of now to take aside that now the situation,for the interest of common goods.
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January 20, 2018, 06:08:44 AM
 #429

I mainly gamble with bitcoin , though I have gamble with BURST, DOGE,ETH and LTC. We need to make slight change in strategies when we move to different coin as in the max of gambling site we have a fixed minimum bet. And as I used to gamble with bitcoin so I feel comfortable with my strategies to doing so.
You would really feel the changes since you are already get used to make some strategies with bitcoin betting and when you try to switch into altcoins then value would really differ but playing with altcoins is somehow enjoying because you can extent on the values being used.This thing is entirely depending on peoples or gamblers preference.
But the percentage change will not impact big in my view. Do you see any differences when getting paid in bitcoin value or equivalent USD value. I guess same thing will happen when we are gambling with the bitcoin or with any other altcoins.

Moreover the strategies are based on win and lost and definitely not based on what are the coins we are betting with nor with their values. Hence we cannot find any differences when we are changing coins for our gambling. Only the profit levels will get impacted for any significant differences because bitcoin kind of coins will be having huge value and any other altcoin must be having 10x lesser value to bitcoins.


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January 20, 2018, 08:58:27 AM
 #430

Gambling with altcoins (DOGE and LTC) has been my alternative whenever I see a drop of price of altcoin. So instead of selling them at loss, I just transfer them to my account is Bitsler and play with them for a chance to double or multiply the amount of altcoins that I hold.
.
This is the popular way of alternative gambling in crypto's. Many started to gamble with Doge and majority of the crypto casino's does have this option of accepting Doge not only bitcoin. Been doing this before but now I'm starting to cut portion of it which goes to day trading and some with gambling. LTC decreased its price so I wouldn't use it for now but when it reaches back $250 - $300 then that will be a good time for gambling it.

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January 20, 2018, 11:00:44 AM
 #431

I usually use bitcoin for gambling but I stop using it nowdays because of the high fee is really killing me. I'm start using altcoins for gambling since the last 2 weeks because the fees is really low compared with bitcoin fees. Many casinos also start accepting altcoins though.

Well that's good if they do though alts like eth and ltc are accepted in many crypto gambling sites for quite somentime now. The issue with btc transaction fees have also been around for a almost a year so many gamblers would rather do the transactions using alts and for sure more crypto gambling sites will be incorporating more alts in their sites

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January 20, 2018, 07:10:11 PM
 #432

I mainly gamble with bitcoin , though I have gamble with BURST, DOGE,ETH and LTC. We need to make slight change in strategies when we move to different coin as in the max of gambling site we have a fixed minimum bet. And as I used to gamble with bitcoin so I feel comfortable with my strategies to doing so.
You would really feel the changes since you are already get used to make some strategies with bitcoin betting and when you try to switch into altcoins then value would really differ but playing with altcoins is somehow enjoying because you can extent on the values being used.This thing is entirely depending on peoples or gamblers preference.
But the percentage change will not impact big in my view. Do you see any differences when getting paid in bitcoin value or equivalent USD value. I guess same thing will happen when we are gambling with the bitcoin or with any other altcoins.

Moreover the strategies are based on win and lost and definitely not based on what are the coins we are betting with nor with their values. Hence we cannot find any differences when we are changing coins for our gambling. Only the profit levels will get impacted for any significant differences because bitcoin kind of coins will be having huge value and any other altcoin must be having 10x lesser value to bitcoins.
Well i agree on that since most of the time people do make use btc instead of altcoin when it comes to gambling online which is the common coin being used but there still people who do prefer altcoins because of high tx fee reasons.Regarding on chance of winning and receiving amount then it would be the same but it do really give you the feel of such changes when it comes to values.

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January 21, 2018, 04:43:48 AM
 #433

Yeah i prefer to use those casinos who are accepting altcoins at the moment, it is much more easier to use them since you do no need to deposit huge amounts of money with bitcoin and having them reduced because of the fees.


Yup and there's nothing Bitcoin does that altcoins can't either. The only thing is it's easier to sell Bitcoin, but altcoins are easy enough to sell to and much faster to send and receive.

Hope we get some improvements with Bitcoin soon because it's slowly dying as more and more coins take from it's market share by the day.
Bitcoin is not dying what it is happening is that there is no point in using bitcoin as a currency when the fees are so high, also it is natural that as more projects and altcoins appear that bitcoin no longer has the dominance it had in previous years but bitcoin is still going to be at the top of the market cap for a long time.



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Rainbot
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January 21, 2018, 05:23:22 AM
 #434

Yeah i prefer to use those casinos who are accepting altcoins at the moment, it is much more easier to use them since you do no need to deposit huge amounts of money with bitcoin and having them reduced because of the fees.


Yup and there's nothing Bitcoin does that altcoins can't either. The only thing is it's easier to sell Bitcoin, but altcoins are easy enough to sell to and much faster to send and receive.

Hope we get some improvements with Bitcoin soon because it's slowly dying as more and more coins take from it's market share by the day.
Bitcoin is not dying what it is happening is that there is no point in using bitcoin as a currency when the fees are so high, also it is natural that as more projects and altcoins appear that bitcoin no longer has the dominance it had in previous years but bitcoin is still going to be at the top of the market cap for a long time.
Well its been a long discussion about the transaction fees in regards to bitcoin and its hurting gamblers bankroll each time we did deposit or withdraw our fund, and that's one of the reason why we are using alternative and alts got its position on it, better to use alts and enjoy the fast and lesser fees, it is also helping the growth of success of some quality alt coins in the market and being supported by gambling industries.



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