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Author Topic: Bitcoin Cash and Bitcoin Casinos  (Read 2353 times)
michkima
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August 10, 2017, 05:51:05 PM
 #101

That hasn't prevented quite a few popular exchanges from offering it though. I mean Kraken and Bittrex aren't exactly small exchanges.
I'm sure that in the near future a couple of casino's will start accepting Bitcoin cash. The price is getting a little bit more stable now.
I don't think stability in price will play significant role in casino decision to add support for bitcoin cash. What most of the casino might be waiting is quicker blocks and demand from their users for bitcoincash. Bitcoin cash is just like bitcoin except its price and mining difficulty, fees are comparitively low but that is only due to low price per BCH.

Yes we might see some gambling platform adding them as a payment method in near future.
Yup stability is not mattered because bitcoin and other altcoins also not have stability in price. But all casinos are accepting these altcoins. BCH is a new coin, so it takes some time to implement. And also depends on users, if the players demand this coins then casinos will give priority and accept or else it takes some time.

That is true. Well, to be honest and to be exact, there is really no cryptocurrency that has stable prices. Well there is tether dollars, but that's a stupid concept and no gambling site really does accept those. Anyway, I think people still do gamble with fiat in mind. Like each bet is automatically converted in our heads before we do click bet button. So no matter the price, we still bet in terms of fiat prices.
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August 10, 2017, 06:57:38 PM
 #102

That hasn't prevented quite a few popular exchanges from offering it though. I mean Kraken and Bittrex aren't exactly small exchanges.
I'm sure that in the near future a couple of casino's will start accepting Bitcoin cash. The price is getting a little bit more stable now.
I don't think stability in price will play significant role in casino decision to add support for bitcoin cash. What most of the casino might be waiting is quicker blocks and demand from their users for bitcoincash. Bitcoin cash is just like bitcoin except its price and mining difficulty, fees are comparitively low but that is only due to low price per BCH.

Yes we might see some gambling platform adding them as a payment method in near future.
Yup stability is not mattered because bitcoin and other altcoins also not have stability in price. But all casinos are accepting these altcoins. BCH is a new coin, so it takes some time to implement. And also depends on users, if the players demand this coins then casinos will give priority and accept or else it takes some time.

That is true. Well, to be honest and to be exact, there is really no cryptocurrency that has stable prices. Well there is tether dollars, but that's a stupid concept and no gambling site really does accept those. Anyway, I think people still do gamble with fiat in mind. Like each bet is automatically converted in our heads before we do click bet button. So no matter the price, we still bet in terms of fiat prices.
All online casinos anyway I already understand that the crypto currency is this valuable material. And therefore, regardless of the price fluctuation, the crypto currency will always be welcome for the owners, so that the gambler would bet exactly the crypto currency. No wonder they manage to create such projects to date and where Bitcoin or other crypto currency turns into their coins.
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August 11, 2017, 02:20:29 AM
 #103

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?
Bitcoin cash is not bitcoin so casinos have all the right to refuse to accept that coin if they do not want it, the only coins that I have seen being accepted in bitcoin casinos are bitcoin, dogecoin, Ethereum and litecoin, if you want to use your bitcoin cash wealth to gamble convert it to one of those coins and then gamble with that, it is very simple.
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August 11, 2017, 05:52:44 AM
 #104

I suggested that Bitdice accept Bitcoin Cash because it makes business sense.  Bitcoin Cash is basically free money which in turn has it's own market and it seems not to be getting value off of Bitcoin.  Wouldn't it be them better for gambling sites to accept Bitcoin Cash?  Not only do the make more in rake but the fact the Bitcoin holders are also Bitcoin Cash holders, they have basically already captured that market.

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August 11, 2017, 06:50:51 AM
 #105

I can understand this, it is also a disadvantage of Bitcoin Cash. Although separated from Bitcoin, split into two completely separate blockchain blocks, Bitcoin Cash is only considered as an altcoin. Many exchanges have said no to it, so do gambling sites. Bitcoin Cash still has the original nature of Bitcoin, but it is still considered a new cryptocurrency, it may not be stable so gambling sites do not accept it. However, most gambling sites today accept Bitcoin, ETH, and USD. Hope Bitcoin Cash can grow well and in the future it can be accepted.
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August 11, 2017, 08:03:29 AM
 #106

Bitcoin Cash has to prove it self just like any other altcoin that it can go mainstream and most casino customers will use it for the long run, am pretty sure they will list on one condition that it can show it has a community rallying behind it and won't crash out on them like other altcoins.

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August 11, 2017, 11:06:39 AM
 #107

Bitcoin Cash has to prove it self just like any other altcoin that it can go mainstream and most casino customers will use it for the long run, am pretty sure they will list on one condition that it can show it has a community rallying behind it and won't crash out on them like other altcoins.

I agree, bitcoin cash has no place yet in this world. It is just being traded in the exchanges for no good reason really. Just that it is a fork of bitcoins and a medium sized mining pool is trying to sell it as the real bitcoin. But they won't succeed, they will just be forgotten and no casino will accept it.
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August 11, 2017, 12:04:30 PM
 #108

Bitcoin Cash has to prove it self just like any other altcoin that it can go mainstream and most casino customers will use it for the long run, am pretty sure they will list on one condition that it can show it has a community rallying behind it and won't crash out on them like other altcoins.

I agree, bitcoin cash has no place yet in this world. It is just being traded in the exchanges for no good reason really. Just that it is a fork of bitcoins and a medium sized mining pool is trying to sell it as the real bitcoin. But they won't succeed, they will just be forgotten and no casino will accept it.

Bitcoin cash is relatively new and if they can survive for a longer time with no bad thing happened, then casinos will start to implement it into their sites as an alternative coin to gamble.

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August 11, 2017, 12:29:32 PM
 #109

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.
Correct.However the news about the coin spilt didn't happen over night,many casinos like (crypto-games.net) had already taken appropriate steps rather precautions so they don't have to waste too much time developing things.


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.
Bittrex and HItBtc do accept it at the moment.Plus the price has shown some stability in the last few days so yes there is a chance other exchanges would support the coin soon.
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August 12, 2017, 01:32:51 AM
 #110

This bitcoin cash is making a really big difference so fast it is now even listed on few gambling sites i thought for something like this to happen it would take time but this went on too quickly and now the price has also started to increase don't know what else we can expect in the upcoming days
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August 12, 2017, 03:30:40 AM
 #111

I suggested that Bitdice accept Bitcoin Cash because it makes business sense.  Bitcoin Cash is basically free money which in turn has it's own market and it seems not to be getting value off of Bitcoin.  Wouldn't it be them better for gambling sites to accept Bitcoin Cash?  Not only do the make more in rake but the fact the Bitcoin holders are also Bitcoin Cash holders, they have basically already captured that market.
Bitcoin cash does not solve anything, bitcoin can do everything that bitcoin cash can and it can do it better, there is not a user base of bitcoin cash with the only exception of traders, the only thing you can do with your bitcoin cash is to sell it for more bitcoin and that is it.
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August 16, 2017, 07:37:57 AM
 #112

This bitcoin cash is making a really big difference so fast it is now even listed on few gambling sites i thought for something like this to happen it would take time but this went on too quickly and now the price has also started to increase don't know what else we can expect in the upcoming days

Do you have a list of the gambling sites you saw that accept Bitcoin Cash?

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August 16, 2017, 07:57:01 AM
 #113

Bitcoin Cash is just being treated like any other altcoin and casinos will not be able to accept the coin unless it is completely stable and promises growth. Since everyone was in a hurry to dump the coin, it would've been a nightmare for any casino to add BCH as it would make it easier for users to dump them on their sites. It will still take some time for BCH to be actually a fully viable altcoin to be added to casinos while some of them have taken the bolder move of adding them already which is quite risky.
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August 16, 2017, 05:06:09 PM
 #114

This bitcoin cash is making a really big difference so fast it is now even listed on few gambling sites i thought for something like this to happen it would take time but this went on too quickly and now the price has also started to increase don't know what else we can expect in the upcoming days

Do you have a list of the gambling sites you saw that accept Bitcoin Cash?
I haven't see any bitcoin casino implemented bitcoin cash yet except for luckygames.io you can start adding them on your list. I only know that most of them are planned to give out the bitcoin cash balance of their customers.

there is not a user base of bitcoin cash with the only exception of traders, the only thing you can do with your bitcoin cash is to sell it for more bitcoin and that is it.
That's not true there's miners, gamblers and everyone who were planning to claim their coins should be considered users of bitcoin cash.

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August 16, 2017, 05:50:35 PM
 #115

Bitcoin Cash is just being treated like any other altcoin and casinos will not be able to accept the coin unless it is completely stable and promises growth. Since everyone was in a hurry to dump the coin, it would've been a nightmare for any casino to add BCH as it would make it easier for users to dump them on their sites. It will still take some time for BCH to be actually a fully viable altcoin to be added to casinos while some of them have taken the bolder move of adding them already which is quite risky.
Yes it is one of the altcoins, but this coin entry is unbelievable the price went up to $1k in 1 days, and the same time it came down. That is why people are not buying this coin. We are not sure how many days it takes to grow, and there is no hope that this coin will become famous in future. So once this coin becomes stable in the market, then the casino will start to accept this coin to play gambling.
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August 16, 2017, 06:47:01 PM
 #116

Bitcoin Cash is just being treated like any other altcoin and casinos will not be able to accept the coin unless it is completely stable and promises growth. Since everyone was in a hurry to dump the coin, it would've been a nightmare for any casino to add BCH as it would make it easier for users to dump them on their sites. It will still take some time for BCH to be actually a fully viable altcoin to be added to casinos while some of them have taken the bolder move of adding them already which is quite risky.
normally free coin won't last long because more likely to dumped but yes it's true that even some people in my country use bitcoin cash for arbitrange method from my local exchange to China exchange even they're able to get pretty much profit from that however added to the casinos is not impossible for this coin but the process is not instantly and it took more time to prove that this coin last long and stable

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August 17, 2017, 09:44:31 AM
 #117

That hasn't prevented quite a few popular exchanges from offering it though. I mean Kraken and Bittrex aren't exactly small exchanges.
I'm sure that in the near future a couple of casino's will start accepting Bitcoin cash. The price is getting a little bit more stable now.
I don't think stability in price will play significant role in casino decision to add support for bitcoin cash. What most of the casino might be waiting is quicker blocks and demand from their users for bitcoincash. Bitcoin cash is just like bitcoin except its price and mining difficulty, fees are comparitively low but that is only due to low price per BCH.

Yes we might see some gambling platform adding them as a payment method in near future.
Yup stability is not mattered because bitcoin and other altcoins also not have stability in price. But all casinos are accepting these altcoins. BCH is a new coin, so it takes some time to implement. And also depends on users, if the players demand this coins then casinos will give priority and accept or else it takes some time.

That is true. Well, to be honest and to be exact, there is really no cryptocurrency that has stable prices. Well there is tether dollars, but that's a stupid concept and no gambling site really does accept those. Anyway, I think people still do gamble with fiat in mind. Like each bet is automatically converted in our heads before we do click bet button. So no matter the price, we still bet in terms of fiat prices.
Correct, we're gambling for money so what in our mind is about the money. no matter we are use fiat,cryptocurrency,digital money for gamble, we will automatically convert it to our local currency. i think too foolish if any casino use a concept stable rate/price because the gambler will not interested and as i know only forex broker use this concept.

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August 18, 2017, 07:21:46 AM
 #118

I don't think most of the casinos that accept crypto are willing to support Bcash.  I suggested it be accepted at Bitdice and the owner expressed his view on why it would be better not to support it.  Apparently the reason is political and that what should we be doing is support the one and original Bitcoin.  To which I respect and something I would tend to agree with.

R


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August 18, 2017, 09:13:49 AM
 #119

I don't think most of the casinos that accept crypto are willing to support Bcash.  I suggested it be accepted at Bitdice and the owner expressed his view on why it would be better not to support it.  Apparently the reason is political and that what should we be doing is support the one and original Bitcoin.  To which I respect and something I would tend to agree with.
And the conclusion is bitcoin cash just a new altcoin born from the bitcoin fork.
Reasonable enough to not accept bitcoin cash because besides political reason it is because the network is unstable.
The bitcoin cash could disappeared and casino owner won't take that risk at least for now.
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August 18, 2017, 11:45:03 AM
 #120

I don't think most of the casinos that accept crypto are willing to support Bcash.  I suggested it be accepted at Bitdice and the owner expressed his view on why it would be better not to support it.  Apparently the reason is political and that what should we be doing is support the one and original Bitcoin.  To which I respect and something I would tend to agree with.
And the conclusion is bitcoin cash just a new altcoin born from the bitcoin fork.
Reasonable enough to not accept bitcoin cash because besides political reason it is because the network is unstable.
The bitcoin cash could disappeared and casino owner won't take that risk at least for now.

How do you say it will just disappear? There are a lot of miners already mining bitcoin cash and their network is already speeding up.
Also there are a lot of people trading this and have stakes over bitcoin cash and for sure they will see to it that it does not just
disappear. Though, the issue here is the prices. Until when will it be this level and not go down.
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