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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 16539 times)
daringdiscovered
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August 01, 2017, 12:26:17 AM
 #21

It is pretty hard to gamble with this Altcoins because the fact that it is not hard to earn, but you could convert your bitcoin into it, but I'd rather gamble with bitcoin because the profits that I could make is a lot more bigger than what I could earn when I use altcoins on gambling. We have to be wise on gambling, since we can only win from time to time, the only thing that is good when you are using Altcoins in gambling is that the loses is not that big compare to bitcoin, it is like you are playing gambling is a safe way where you could play with your small amount of Altcoin is a longer time compare if you are going to use bitcoin which could be easily lost if you are going to be careless.
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August 01, 2017, 01:44:49 AM
 #22

Litecoin is my only choice after bitcoin. It has the most mature code base and it is the altcoin that has the most hash power behind it. I am not sure how active their community is but as a cryptocoin it is the closest that we have to bitcoin.

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August 01, 2017, 02:05:44 AM
 #23

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?
A few months ago, I still gambled with Bitcoin but after the Bitcoin bump, I don't want to gamble with Bitcoin anymore just because of its high price. A small mistake can lead to a huge lost from gambling and of course, I don't want it to happen. By the way, I exchange my Bitcoin into Dogecoin to play, I used to play in 999dice, that's a really good site to play with.
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August 01, 2017, 02:29:02 AM
 #24

although bitcoin transactions are expensive but I see many are still using bitcoin to gamble maybe because they also get benefit from expensive bitcoin prices. I prefer to use dogecoin because the low price is quite stable and transaction fees are also small.

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August 01, 2017, 02:37:53 AM
 #25

although bitcoin transactions are expensive but I see many are still using bitcoin to gamble maybe because they also get benefit from expensive bitcoin prices. I prefer to use dogecoin because the low price is quite stable and transaction fees are also small.
doge really make it cheaper in terms of using it into gamble but afterwards you needed to transfer it to exchange in order to exchange back to btc then to your local fiat so maybe some gamblers still prefer to use btc so it will be an easy transaction and turned it into cash right away when they needed to.
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August 01, 2017, 04:48:37 AM
 #26

So far I still use all the bitcoin and altcoins available on the game site, I prefer to use dogecoin with a small fee.I just bought some doge to play game in fact I do not care about its price If I want to buy and sell it.I once bought at the price of 100 sats and sell at the price of 50 sats, I lose but it does not matter to me if the victory reaches 3K% through this alt .loved dogecoin much wow sabe.

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August 01, 2017, 04:55:51 AM
 #27

Used to gamble with bitcoins during the faucet frenzy years of bitcoin when the prices was just so low (about two years ago). The difficult thing there is when to stop and make sure you already won enough than what you lost.  Grin

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August 01, 2017, 05:08:58 AM
 #28

I have seen this same question several times. It is certain that members of this forum gamble using bitcoin or altcoins because we are all supporters of the crypto currency and we all know there are advantage gamble using crypto currency .

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August 01, 2017, 05:51:01 AM
 #29

I'm oldschool. I like the experience that goes with gambling and this means I usually gamble in live casinos.

When I gamble with crypte, it's 99% of the times bitcoin.
As I think there aren't many people out here who mainly gamble in good old casinos, could you tell us about the difference in experience? Do you spend more time when it's real? Does it take more money when you gamble seeing real people around you? Why do you prefer casinos? And where do you gamble? Are these lega; casinos or just some undercover ones?

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August 01, 2017, 06:01:10 AM
 #30

I don't see why people can't see Monero as the perfect choice for this kind of thing.  It's the best implementation of an anonymous cryptocurrency and it has one of the best, if not at par, with the Bitcoin Core developers in the space.

It's not even included in the poll which is funny.

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August 01, 2017, 06:23:27 AM
 #31

I don't see why people can't see Monero as the perfect choice for this kind of thing.  It's the best implementation of an anonymous cryptocurrency and it has one of the best, if not at par, with the Bitcoin Core developers in the space.

It's not even included in the poll which is funny.

Because the number of gambling sites that accepts Monero is less than other crypto like doge, ltc, or eth. Once Monero is accepted in almost all big gambling site then people will start to use them.
I myself prefer to gamble with doge because of the cheap prize and cheap transaction fee.

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August 01, 2017, 07:01:28 AM
Last edit: August 01, 2017, 07:32:48 AM by illusioNiZt
 #32

I quit gambling a while ago because whenever I start I always end up losing and prefer earning it instead of depending on my luck, I used to bet BTC and dogecoin but I would still prefer BTC more.

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August 01, 2017, 07:13:38 AM
 #33

I know gambling with alt coin is quite giving you regret because the price is increasing. But I want the usual way of gambling, I want where it all started. Those alt coins later on will also exchange into bitcoin by the casino's after collecting it in able to get some decent profit. I will prefer bitcoin always.

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poplolnman
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August 01, 2017, 07:29:56 AM
 #34

I don't see why people can't see Monero as the perfect choice for this kind of thing.  It's the best implementation of an anonymous cryptocurrency and it has one of the best, if not at par, with the Bitcoin Core developers in the space.

It's not even included in the poll which is funny.

Because the number of gambling sites that accepts Monero is less than other crypto like doge, ltc, or eth. Once Monero is accepted in almost all big gambling site then people will start to use them.
I myself prefer to gamble with doge because of the cheap prize and cheap transaction fee.
dogecoin indeed have the cheapest value among other top 5 altcoins , but people should know that it has big risk too, a double risk besides you are gambling on a game you do gamble on volatile price . it's frequently doge move up more than 50% and also dropped more than 70%. if you okay with that condition to take the double risk then you are good to go. gamble with altcoin full of opportunity but also full of risk at the same time.

I'm in 400,000 euros debt , dont help me , i rather die
romero121
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August 01, 2017, 07:40:31 AM
 #35

People find it hard to use altcoins for gambling purpose compared to bitcoin. I have been into gambling for a long and in specific I most of the time I prefer Sports Betting. Here I find myself comfortable with bitcoin, because of the timely settlement and ease of odds confirmation. Recently when ethereum gained unexpected growth most of the gambling websites have added few altcoins to the accepted coins for gambling.
Oralmat
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August 01, 2017, 08:01:57 AM
 #36

As you could see in this result, people prefer bitcoin others than altcoins. It is a clear answer that everyone feel comfort with bitcoin than others. And main thing is that bitcoin made online gambling with altcoins. Then it is a credit for bitcoin. So why not people like bitcoin than others and play online gambling than others. Also bitcoin is more valuable in price wise, so if i play bitcoin online gambling the reason i want to win bet in bitcoin.   
marlboroza
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August 01, 2017, 08:58:56 AM
 #37

~snip~
dogecoin indeed have the cheapest value among other top 5 altcoins , but people should know that it has big risk too, a double risk besides you are gambling on a game you do gamble on volatile price . it's frequently doge move up more than 50% and also dropped more than 70%. if you okay with that condition to take the double risk then you are good to go. gamble with altcoin full of opportunity but also full of risk at the same time.
Why?
Lets say today you want to gamble with doge. So, you go to exchange, buy some doge and then you gamble with them few hours. If you win you can exchange them back to whatever you like, if you lose, well, you lost them. Isn't that the way how gambling suppose to work? Hit big or go home crying?
btcdiggingmaster
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August 01, 2017, 09:16:19 AM
 #38

although bitcoin transactions are expensive but I see many are still using bitcoin to gamble maybe because they also get benefit from expensive bitcoin prices. I prefer to use dogecoin because the low price is quite stable and transaction fees are also small.

When compared to Bitcoin, Doge Coin is the best option for gambling because it won't harm us even though transaction fee is high. We are losing a lot of money in the form transaction fee, so when compared to Bitcoin, I think Doge is the best option for me to gamble.
milewilda
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August 01, 2017, 09:19:47 AM
 #39

although bitcoin transactions are expensive but I see many are still using bitcoin to gamble maybe because they also get benefit from expensive bitcoin prices. I prefer to use dogecoin because the low price is quite stable and transaction fees are also small.

When compared to Bitcoin, Doge Coin is the best option for gambling because it won't harm us even though transaction fee is high. We are losing a lot of money in the form transaction fee, so when compared to Bitcoin, I think Doge is the best option for me to gamble.
We would really not mind of fees even though its high on numbers but on value its still low and much better compared to bitcoin. Doge would really be a good choice too also on its transfer times.
I can really enjoy playing dice on using doge because i have lots of it and you can bet up small amounts which wont really bother you if you do lose up.

fullypak
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August 01, 2017, 10:07:11 AM
 #40

although bitcoin transactions are expensive but I see many are still using bitcoin to gamble maybe because they also get benefit from expensive bitcoin prices. I prefer to use dogecoin because the low price is quite stable and transaction fees are also small.

When compared to Bitcoin, Doge Coin is the best option for gambling because it won't harm us even though transaction fee is high. We are losing a lot of money in the form transaction fee, so when compared to Bitcoin, I think Doge is the best option for me to gamble.
We would really not mind of fees even though its high on numbers but on value its still low and much better compared to bitcoin. Doge would really be a good choice too also on its transfer times.
I can really enjoy playing dice on using doge because i have lots of it and you can bet up small amounts which wont really bother you if you do lose up.
I will play slot games very rarely, and I also prefer doge coin to play a dice game and other slot games. Because our bankroll will look big and we can try our new strategies with this coin because if we lose also, it's not a big amount.
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