Bitcoin Cash and Bitcoin Casinos

[rommel_BCA]

With the recent emergence of Bitcoin Cash due to Bitcoin Scaling, some bitcoin casinos, such as mBit, Bitcoincasino.us and Oshi.io, have already emailed their players that they implemented the policy of not accepting Bitcoin Cash. Any thoughts?

[NorrisK]

BCH is basically an altcoin now so the casinos have every right not to support it if they want.

They shouldve given a warning to their users about what happens to the bitcoin they hold though (whether they credit them or not).

[bhadz]

With the recent emergence of Bitcoin Cash due to Bitcoin Scaling, some bitcoin casinos, such as mBit, Bitcoincasino.us and Oshi.io, have already emailed their players that they implemented the policy of not accepting Bitcoin Cash. Any thoughts?

It means that they are not supporting Bitcoin cash at all, they want to stick with bitcoin only. Most of the casino's maybe will implement the same policy that they won't be supporting BCH. But I'm pretty sure that there will be some casino's that will accept BCH on their deposits, no other thoughts for this news about those casino's.

[shine1123]

I'm not surprised though. I agree with NorrisK, bitcoin cash is like another altcoin. The different is they use bitcoin name for easy money and easy promotion rofl, cmiiw. I think big gambling sites will keep using bitcoin as the payment and bitcoin cash will not. Obviously even ethereum is not accepted on some big gambling sites.

[Fourgh]

With the recent emergence of Bitcoin Cash due to Bitcoin Scaling, some bitcoin casinos, such as mBit, Bitcoincasino.us and Oshi.io, have already emailed their players that they implemented the policy of not accepting Bitcoin Cash. Any thoughts?

It means that they are not supporting Bitcoin cash at all, they want to stick with bitcoin only. Most of the casino's maybe will implement the same policy that they won't be supporting BCH. But I'm pretty sure that there will be some casino's that will accept BCH on their deposits, no other thoughts for this news about those casino's.

Bitcoin Cash's performance is still yet to be evaluated in the next few weeks. I think most of the sites will support the Bitcoin Cash if many  users are enticed to using the new currency. Based on some useful comments here in Bitcointalk.org the growth of the Bitcoin cash will solely depend on the number of users and traders. So if many users will switch or add accounts to get Bitcoin cash, gambling sites will surely soon to follow and support this new cryptocurrency.

[bering]

bitcoin cash is a brand new cryptocurrency so it's natural if there is some casinos don't support them but the trend of the casinos usually following the trend of the particular coin too so maybe if someday bitcoin cash getting popular and many demand has suggest putting this coin into the casinos i think there is possibility many casinos will support them too

[erpbridge]

Well just like Coinbase and other bitcoin service sites, it is their own wish to refuse Bitcoin cash.  Nothing wrong with it, and is just a business decision.

Like others said, its just like not accepting any other altcoin if they didn't, in the first place.

[Gotottack]

With the recent emergence of Bitcoin Cash due to Bitcoin Scaling, some bitcoin casinos, such as mBit, Bitcoincasino.us and Oshi.io, have already emailed their players that they implemented the policy of not accepting Bitcoin Cash. Any thoughts?

Not accepting is kinda different from not giving out bitcoin cash to their users that have bitcoins in their accounts. If they aren't going to give back the bitcoin cash, then expect these people to just pocket the bitcoin cash and they aren't going to tell their clients about it. I think everything will just go back to normal and everything will just support btc and not bch.

[Ayiranorea]

This is just as other altcoin that we use for gambling purposes. Now too its clear that majority of the gambling websites have notified their users that they'll function with bitcoin. In future bitcoin cash might get added to the list of accepted altcoin for gambling.

[Oilacris]

With the recent emergence of Bitcoin Cash due to Bitcoin Scaling, some bitcoin casinos, such as mBit, Bitcoincasino.us and Oshi.io, have already emailed their players that they implemented the policy of not accepting Bitcoin Cash. Any thoughts?

Well it their own choice and we cant do anything  about it and not only gambling sites do have this kind of changes since some exchanges too dont support BCC. Well BCC is just an another altcoin if it would be available on a gambling site then it would somehow be a good thing since you can able to use it though.

[teddybear]

They might have to make changes so that they can accept and differentiate to BTC which the casinos dont want to do. So, its just that simple. It is not worth it for them to make changes for BTCC ans they wont last long anyways and there wont be many customers using it.

[dunfida]

They might have to make changes so that they can accept and differentiate to BTC which the casinos dont want to do. So, its just that simple. It is not worth it for them to make changes for BTCC ans they wont last long anyways and there wont be many customers using it.

This is possible thing on what on their minds but adding up bcc would really be an another option which others can able to use specially for those bcc holders. The thing comes to my mind that they didn't impose bcc because they do get those Bcc all by themselves. (this is just a thing comes to my mind and I might be wrong  ).

[tsaroz]

I think they are confident about bitcoincash being limited as a minor altcoins.
It's not the first time that bitcoin have been forked. But with many major voices (of miners) with Bitcoin cash, it may rise to some level to become Top 10 crypto.

[ralle14]

With the recent emergence of Bitcoin Cash due to Bitcoin Scaling, some bitcoin casinos, such as mBit, Bitcoincasino.us and Oshi.io, have already emailed their players that they implemented the policy of not accepting Bitcoin Cash. Any thoughts?

Not accepting is kinda different from not giving out bitcoin cash to their users that have bitcoins in their accounts.  

OP didn't mention anything about casinos not giving out bitcoin to those users have bitcoins sitting in their account. It's the user's fault if they manage to let their bitcoin sit on a casino and miss out on bitcoin cash. They had a lot of time to prepare and those casinos also adviced users to withdraw their bitcoins if they wish to get a piece of bitcoin cash

Bitcoin casinos not accepting Bitcoin Cash is a good decision because it will encourage people to convert their bitcoin cash to bitcoin.

They shouldve given a warning to their users about what happens to the bitcoin they hold though (whether they credit them or not).

They did, I received an email about oshi.io not accepting bitcoin cash and they explained it all.

[roomfirst]

Bitcoin cash is still new and fresh, we don't know what will happen to this coin soon. Maybe some bitcoin casinos will accept bitcoin cash when bitcoin cash start growing and become popular like bitcoin. Actually i don't see why the bitcoin casinos need to accept bitcoin cash too.

[Betwrong]

I'm not surprised though. I agree with NorrisK, bitcoin cash is like another altcoin. The different is they use bitcoin name for easy money and easy promotion rofl, cmiiw. I think big gambling sites will keep using bitcoin as the payment and bitcoin cash will not. Obviously even ethereum is not accepted on some big gambling sites.

That's what I thought too ... until today. Look at this https://coinmarketcap.com/currencies/bitcoin-cash/. BCH is up 65% +, wtf. If this tendency will continue Bitcoin Casinos will surely accept Bitcoin Cash in the future.

Btw Ethereum is accepted by most big gambling sites I know. https://bigcoingambling.com/ethereum-gambling-sites/

[poplolnman]

BCH is basically an altcoin now so the casinos have every right not to support it if they want.

They shouldve given a warning to their users about what happens to the bitcoin they hold though (whether they credit them or not).

FYI miners want bitcoin cash invented and most miner are chinese. and people would remain want and use the old bitcoin , the last fork are really confusing just make things like in chaos , especially for a newcomer it would make them really confused. i bet most casino would remain use bitcoin instead the new one bitcoin cash .

[BlockEye]

BCH is basically an altcoin now so the casinos have every right not to support it if they want.

They shouldve given a warning to their users about what happens to the bitcoin they hold though (whether they credit them or not).

FYI miners want bitcoin cash invented and most miner are chinese. and people would remain want and use the old bitcoin , the last fork are really confusing just make things like in chaos , especially for a newcomer it would make them really confused. i bet most casino would remain use bitcoin instead the new one bitcoin cash .

I bet also casinos will not implement bitcoin cash, some casinos uses or accepts only successful alts, and even some alts that are popular now were not even accepted yet on casinos, so there's no need to make bcc as an additional, btc and some alts alone can make casinos still successful.

[hatshepsut93]

I'm not surprised though. I agree with NorrisK, bitcoin cash is like another altcoin. The different is they use bitcoin name for easy money and easy promotion rofl, cmiiw. I think big gambling sites will keep using bitcoin as the payment and bitcoin cash will not. Obviously even ethereum is not accepted on some big gambling sites.

That's what I thought too ... until today. Look at this https://coinmarketcap.com/currencies/bitcoin-cash/. BCH is up 65% +, wtf. If this tendency will continue Bitcoin Casinos will surely accept Bitcoin Cash in the future.

Btw Ethereum is accepted by most big gambling sites I know. https://bigcoingambling.com/ethereum-gambling-sites/

Businesses don't make decisions to accept new coin basing on it's 24h price change, or position on coinmarketcap. What they do care is genuine support from users, and so far no one talks how they want to use BCH instead of Bitcoin, in fact most people can't wait to dump it, but they can't because exchanges haven't launched their wallets yet (hence the artificial shortage and price rise).

With the recent emergence of Bitcoin Cash due to Bitcoin Scaling, some bitcoin casinos, such as mBit, Bitcoincasino.us and Oshi.io, have already emailed their players that they implemented the policy of not accepting Bitcoin Cash. Any thoughts?

Supporting BCH is a big security concern, coins need to be moved from Bitcoin wallets before importing private keys, BCH software hasn't been tested and reviewed, it's unclear if there's a demand for it from users. This is why most casinos haven't supported it and only promised to release coins at most. Supporting BCH is profitable only for exchanges right now, since they are getting fees from trades.

[BTCLovingDude]

first of all adding a new wallet, holding a new chain, changing your whole security system for that coin and all the works it takes is too much to just add anything that comes out.

secondly bitcoin cash has just came out, it is unstable, there is a lot of risks for businesses to accept it right now. the exchanges don't even accept it, they just have the market to enable the deposits later.