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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 16539 times)
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September 18, 2017, 09:02:16 AM
 #301

I would gamble using altcoin but I see no difference if I ever pick other than bitcoin. The value will still be the same but I feel others will pick other altcoins because for some people btc is very valuable to be used in gambling.
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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September 18, 2017, 11:42:31 AM
 #302

I would gamble using altcoin but I see no difference if I ever pick other than bitcoin. The value will still be the same but I feel others will pick other altcoins because for some people btc is very valuable to be used in gambling.

There's actually a bit difference because Altcoins confirm faster and they come with very low transaction fees. That's what makes it ideal for gambling in recent times. You can save quite something substantial if you gamble with them and later convert them into bitcoins.
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September 19, 2017, 05:52:29 PM
 #303

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.   

I know that fact that most of the gamblers wanted to gamble with their bitcoins. It's like an alternative if you just don't want to gamble with your bitcoin we have a choice and that is by gambling with your alt coins. Easily accept bitcoin? Can't you see that most of the casino's does have an option to gamble with alt coins?

yes when the Bitcoin price increased like sky rocket people stop to do playing online gambling with bitcoins. So attract players now all the online casinos are accepting some altcoins. In that most accepted altcoins are ETH, LTC, Dogecoin, BCH and etc. and now playing online gambling with bitcoins is a risk. More people not like to lose their bitcoins in gambling.

I think it's opposite, when bitcoin's price is increasing it is the time that gamblers gamble with their bitcoin because they have more portion of mbtc to gamble. And when the price is getting lower, that's the time to hold bitcoins and it's good to gamble with alt coins. This is what I do when I decided to gamble and the price of bitcoin isn't good.
That is an interesting way to look at it, in fact I do the opposite, when bitcoin gets very high in price I do not gamble with it since I prefer to hold it, and if the price gets lower I get a little loose on the way I use bitcoin and that includes gambling a little bit with my bitcoin.

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September 19, 2017, 09:39:20 PM
 #304

I would gamble using altcoin but I see no difference if I ever pick other than bitcoin. The value will still be the same but I feel others will pick other altcoins because for some people btc is very valuable to be used in gambling.

There's actually a bit difference because Altcoins confirm faster and they come with very low transaction fees. That's what makes it ideal for gambling in recent times. You can save quite something substantial if you gamble with them and later convert them into bitcoins.
sometimes even when you gamble with alt coin you will have to accept the value of your alt coin get dropped so low. and that time you will feel like you have wasted time playing as your value remain the same with the previous amount before the winning .

you have to know about this risk , it is like having a double risk at once.

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September 20, 2017, 07:19:01 AM
 #305

Actually i usually gambling with Bitcoin cause they're the most popular , sometime i work on captchas and i have some called "mrais" , so i will gambling on raigames.io . Yeah, only gambling with BTC and mrai ( from raiblocks captchas)
Honestly, for all those people who gamble with bitcoins, I really appreciate their nerves of gambling with such a precious asset. I have never seen anyone gambling with gold so it really stuns me when people bet with BTCs. I consider BTCs as digital gold, it is even better than gold. I will also advise to use your bitcoins somewhere else.
The condition and facts on the field says that cryptocurrency has alot of benefit.
Especially when it comes to gambling , fast transaction confirmation and low fees is the most wanted.
Once they have tried to use it they will feel comfortable and that's what makes people interested to use altcoin to gamble .

Yes I agree. It's just sad that most betting sites are only accepting bitcoin as a way to gamble in their platform. It's rare for me to see gambling sites that use a wide range of coin variety (one good example is crypto-games.net). I guess there is really a hard task in maintaining and handling altcoins for gambling, since there are many factors to consider like wallet availability and chain status.
Yeaaaa i think what the casino really consider is about the altcoin network stability.
When it has poor network , poor support leading to scam or disappeared worthless they won't accept it anytime.
A lot of consideration , and required an expert trader / analyst to do this , really not an easy job.
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September 21, 2017, 05:44:28 PM
 #306

I would gamble using altcoin but I see no difference if I ever pick other than bitcoin. The value will still be the same but I feel others will pick other altcoins because for some people btc is very valuable to be used in gambling.
The belief changes depending on how the market is moving, at the beginning of the year when altcoins were very bullish then no one wanted to gamble their altcoins, now that bitcoin is the one that is hot then no one wants to gamble with their bitcoin because they get the felling that it still has some room to grow before the end of the year.

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September 21, 2017, 09:31:32 PM
 #307

I woud gamble with altcoins it is more easier and also gives a better mindset to every gambler what one can do is gamble with a few litecoin and when he wins 1 litecoin he will feel satisfied for that moment and will give us more happiness even if we lose after finding out  that we lost a less amount of bitcoins
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September 22, 2017, 01:35:38 AM
 #308

I would gamble using altcoin but I see no difference if I ever pick other than bitcoin. The value will still be the same but I feel others will pick other altcoins because for some people btc is very valuable to be used in gambling.
The belief changes depending on how the market is moving, at the beginning of the year when altcoins were very bullish then no one wanted to gamble their altcoins, now that bitcoin is the one that is hot then no one wants to gamble with their bitcoin because they get the felling that it still has some room to grow before the end of the year.

I think it doesn't affect all gamblers. They are gambling with Bitcoins because they can't or don't want to gamble with fiat. So they convert their money into Bitcoin to gamble and when they want to cashout they just convert it to fiat again. I think they aren't very worried about Bitcoin price and AltCoins, they just want to find an alternative way to play as they can't use fiat to do it. I would risk saying most gamblers who play big think this way...

 
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September 22, 2017, 01:57:39 AM
 #309

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?

Gambling with altcoins is smart, the bitcoin transaction fee I feel is too high right now for sending back and forth to the gambling sites.

But if one doesn't have altcoins then it is not so smartness to send coins to exchange to convert altcoins for gambling instead they can directly send it to gambling site to gamble. But if you want to gamble with the very small amount then yes bitcoin transaction fees are quite high and it takes a long time to confirm. If you have altcoins in your wallet then use them to gamble save some money in transaction fee otherwise no.
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September 23, 2017, 10:18:38 PM
 #310

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?

Gambling with altcoins is smart, the bitcoin transaction fee I feel is too high right now for sending back and forth to the gambling sites.
This is probably the only real reason to gamble with altcoins, the transaction fee of bitcoin is still too high while the transaction fee of a coin like doge is very cheap, the only issue is that bitcoin is accepted in most casinos and this is does not apply to altcoins so we are going to be limited in the number of casinos that we can play with it.

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September 24, 2017, 03:14:25 AM
 #311

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?

Gambling with altcoins is smart, the bitcoin transaction fee I feel is too high right now for sending back and forth to the gambling sites.
This is probably the only real reason to gamble with altcoins, the transaction fee of bitcoin is still too high while the transaction fee of a coin like doge is very cheap, the only issue is that bitcoin is accepted in most casinos and this is does not apply to altcoins so we are going to be limited in the number of casinos that we can play with it.

Many reputed sites are accepting Doge coins expect a couple of them like primedice site. If you're planning gamble only for fun then you can always choose the site which are accepting these altcoins to play the games and no need to go to those Bitcoin-specific sites to play. Dogecoin price is very cheap, transactions are fast and transaction fee also less so most people like to gamble with it and I also tried few times with Dogecoin to play dice game.
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September 24, 2017, 11:57:50 AM
 #312

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?
Well, using bitcoin in playing gambling is such a big time amount today, well if you want to gain big time winning much more better use bitcoin for easy big time winning while alts is good too but it is not that too big and you can also gamble small amount through it. There are Gambling sites now that using alts through payments.
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September 24, 2017, 03:51:22 PM
 #313

I woud gamble with altcoins it is more easier and also gives a better mindset to every gambler what one can do is gamble with a few litecoin and when he wins 1 litecoin he will feel satisfied for that moment and will give us more happiness even if we lose after finding out  that we lost a less amount of bitcoins
Gambling altcoin actually is fit with people who want to hold that coin. But in real meaning, we're losing money in both ways .Owning some altcoin has their own fun. Like etherum is an example, for now etherum is a good currency to gamble cause the price is going to be crazy after the hard fork.
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September 24, 2017, 03:55:13 PM
 #314

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?

Gambling with altcoins is smart, the bitcoin transaction fee I feel is too high right now for sending back and forth to the gambling sites.
This is probably the only real reason to gamble with altcoins, the transaction fee of bitcoin is still too high while the transaction fee of a coin like doge is very cheap, the only issue is that bitcoin is accepted in most casinos and this is does not apply to altcoins so we are going to be limited in the number of casinos that we can play with it.

Many reputed sites are accepting Doge coins expect a couple of them like primedice site. If you're planning gamble only for fun then you can always choose the site which are accepting these altcoins to play the games and no need to go to those Bitcoin-specific sites to play. Dogecoin price is very cheap, transactions are fast and transaction fee also less so most people like to gamble with it and I also tried few times with Dogecoin to play dice game.

If you are really playing gambling for pure entertainment then using DOGE coins would really satisfy you out because just like what you said it do have cheap value,fast confirmations with less fees this is why using this altcoin is not really a hassle thing.You can really enjoy the game on using it.There are really sites who do accept Doge and other altcoins because most of them accept already altcoin besides on bitcoin itself.

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FasTroy
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September 24, 2017, 04:18:01 PM
 #315

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?
Well, using bitcoin in playing gambling is such a big time amount today, well if you want to gain big time winning much more better use bitcoin for easy big time winning while alts is good too but it is not that too big and you can also gamble small amount through it. There are Gambling sites now that using alts through payments.
Personally, usually i use bitcoin to gamble, because i know that bitcoin is one of the best cryptocurrency for gambling, It have a very high price and a great potential. So i think if you want to make a very great profit in the long terms, try to increase your bitcoins, by the ways, I think that there is some altcoins maybe have a bright future like ETH, litecoin and dogecoin.

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September 24, 2017, 04:48:24 PM
 #316

I would rather pick bitcoin.
The chances of any coin now going to zero is so high specially the ones who started with the ICO. A big dump is happening everytime it completes the ICO and the coins will have no use after that. Late sellers will be the ones affected. So how could you use the other coins if they cannot stay for so long.
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September 24, 2017, 06:24:56 PM
 #317

I still gambling using bitcoin until now than doge or ltc. Because, I am familiar using it. If win i switch to exchange to strengthen balance and if lost i don't feel problem.

Mister1k
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September 24, 2017, 06:30:48 PM
 #318

I would rather pick bitcoin.
The chances of any coin now going to zero is so high specially the ones who started with the ICO. A big dump is happening everytime it completes the ICO and the coins will have no use after that. Late sellers will be the ones affected. So how could you use the other coins if they cannot stay for so long.

Why are going to low value ICO because its value does not matter to us but top altcoin list will be good option to invest still in gambling and many platform. Nowadays many sites gives option to pay with BCH, ETH and more altcoins. If altcoin is being then new get doubled soon.
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September 24, 2017, 06:58:22 PM
 #319

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?

Gambling with altcoins is smart, the bitcoin transaction fee I feel is too high right now for sending back and forth to the gambling sites.
This is probably the only real reason to gamble with altcoins, the transaction fee of bitcoin is still too high while the transaction fee of a coin like doge is very cheap, the only issue is that bitcoin is accepted in most casinos and this is does not apply to altcoins so we are going to be limited in the number of casinos that we can play with it.
bitcoin fees always be the main problem apparently because this is the effect from bitcoin price then automatically the fees also will high too and gambling with altcoin is good to decrease the fees amount because Doge or LTC have low amount for each transactions but regarding the options not much online gambling sites who accepting altcoin and normally if there is new gambling sites announced most of them will use bitcoin and altcoin is not their main option

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September 25, 2017, 02:54:52 AM
 #320

It's a good choice. I'm sure those online gambling sites will only accept promising or popular coins. It's a win-win situation because when you lose, it's only a small value but when you win, you need to save many of them  for the future and wait for it's value to rise and sell it.
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