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Author Topic: Can the online Casino industry help Bitcoin?  (Read 679 times)
NewCryptocasinos (OP)
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March 02, 2018, 01:59:15 PM
 #1

So i have a serious question about Bitcoins...

First a little bit of my self, I work in the online casino industry since 5 years ago, and last year and the beggining of this year i have find out something incredible - The new ctrypto casinos.

Last month i counted 14 new Casinos that offer their players to play with Bitcoins, and hear it becomes popular among the players. faster payouts, potential higher winnings, and more games. If the traditional casino players start to buy bitcoins, i assume that is good for the Bitcoin market?

Do you think that the online casino industry can help bitcoins to rise more among the mainstream audience? Please come with feedback.

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March 02, 2018, 03:11:13 PM
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well, online gambling is one of the many use cases of bitcoin, and any real use case for bitcoin that has some people interested in it will help bitcoin rise as its adoption grows.
but i don't think this is any major effect compared to everything else. the number of online gamblers who use bitcoin is not that big compared to every other use case.
and don't forget that people are not usually so excited about "spending" their precious bitcoins let alone wasting them on gambling.

There is a FOMO brewing...
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March 02, 2018, 03:20:36 PM
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Sex, drugs and gambling is what Bitcoin was all about and many people that hold BTC are harden gamblers
anyway but when fees went sky high on Bitcoin mining fees then I would guess that many on-line gambling
sites were forced to jump ship to other alt-coins

Loyalty towards Bitcoin was destroyed over night by the greedy miners and I am not sure if it will ever recover myself
but we will see.
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March 02, 2018, 03:23:03 PM
 #4

So i have a serious question about Bitcoins...

First a little bit of my self, I work in the online casino industry since 5 years ago, and last year and the beggining of this year i have find out something incredible - The new ctrypto casinos.

Last month i counted 14 new Casinos that offer their players to play with Bitcoins, and hear it becomes popular among the players. faster payouts, potential higher winnings, and more games. If the traditional casino players start to buy bitcoins, i assume that is good for the Bitcoin market?

Do you think that the online casino industry can help bitcoins to rise more among the mainstream audience? Please come with feedback.
If gamblers will buy on the spot base on the market and base from where are casino are buying then I think it will really help a little bit,we know there are alot of gamblers but not as many as bitcoin trader/hoarder of bitcoin on the market now.So it may help but not that big

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March 02, 2018, 03:25:33 PM
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So i have a serious question about Bitcoins...

First a little bit of my self, I work in the online casino industry since 5 years ago, and last year and the beggining of this year i have find out something incredible - The new ctrypto casinos.

Last month i counted 14 new Casinos that offer their players to play with Bitcoins, and hear it becomes popular among the players. faster payouts, potential higher winnings, and more games. If the traditional casino players start to buy bitcoins, i assume that is good for the Bitcoin market?

Do you think that the online casino industry can help bitcoins to rise more among the mainstream audience? Please come with feedback.
Bitcoin and general cryptocurrency casino's are nothing new, of course and they could boost Bitcoin by the increased usage that will come along. Many people opt for this kind of gambling due to it being anonymous and requiring no personal information, such as bank accounts and so on. Quite a few of these casinos also accept Altcoins, such as Ethereum or Dogecoin.

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belyaevi
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March 02, 2018, 03:27:03 PM
 #6

So i have a serious question about Bitcoins...

First a little bit of my self, I work in the online casino industry since 5 years ago, and last year and the beggining of this year i have find out something incredible - The new ctrypto casinos.

Last month i counted 14 new Casinos that offer their players to play with Bitcoins, and hear it becomes popular among the players. faster payouts, potential higher winnings, and more games. If the traditional casino players start to buy bitcoins, i assume that is good for the Bitcoin market?

Do you think that the online casino industry can help bitcoins to rise more among the mainstream audience? Please come with feedback.

It can certainly make bitcoins more popular. I do not have much experience with casinos but I have heard that they do a lot of business. If that money is spent in bitcoins it will certainly help the prices grow. Another advantage is that since bitcoin is the payment option in these casinos, some people might get introduced to this concept through it. This is why I always advocate the use of bitcoins for selling an buying different items like electronic gadgets or even real estate.
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March 02, 2018, 03:36:14 PM
 #7

Online casinos accept any money. I'm not sure that they are able to popularize bitcoin. I do not like gambling so my opinion is that all users lose their money there. How can they distribute bitcoin if all their coins stay in the casino? The popularity of bitcoin will grow when people exchange bitcoins among themselves and make purchases for bitcoins in stores.

 
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March 02, 2018, 03:46:43 PM
 #8

In this case, I believe that not only online casinos can promote the development of bitcoin, but all institutions that accept it as a payment tool.

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March 02, 2018, 03:47:38 PM
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March 02, 2018, 03:54:54 PM
 #10

Bitcoin casinos aren't new, they have existed for years already; as they can take advantage of bitcoin being pseudo-anonymous, meaning that most(if not all) bitcoin gambling sites doesn't need to require KYC because of that; only a username and a password(e.g. nitrogensports[1]).

They surely can help bitcoin gain publicity, but the publicity we're going to get out of the casino/gambling sites aren't necessarily good publicity; but hopefully bitcoin wouldn't just be used for only that specific purpose(and for illegal transactions).


[1] https://nitrogensports.eu/

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NewCryptocasinos (OP)
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March 05, 2018, 07:26:12 AM
 #11

In this case, I believe that not only online casinos can promote the development of bitcoin, but all institutions that accept it as a payment tool.

yes lets hope so and I really believe we will see more of this during 2018. 

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March 05, 2018, 07:29:37 AM
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In this case, I believe that not only online casinos can promote the development of bitcoin, but all institutions that accept it as a payment tool.

yes lets hope so and I really believe we will see more of this during 2018. 


Are expecting more casinos comes to the crypto market. They does not promote anything about bitcoin. Most of the gambling goes to gather a investor for their gambling site and take the income from that.
If they comes more in number they may propose the campaigning here to promote them but that will happen when the project owners are looking for long life and standard gambling site.
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March 05, 2018, 07:29:57 AM
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Bitcoin casinos aren't new, they have existed for years already; as they can take advantage of bitcoin being pseudo-anonymous, meaning that most(if not all) bitcoin gambling sites doesn't need to require KYC because of that; only a username and a password(e.g. nitrogensports[1]).

They surely can help bitcoin gain publicity, but the publicity we're going to get out of the casino/gambling sites aren't necessarily good publicity; but hopefully bitcoin wouldn't just be used for only that specific purpose(and for illegal transactions).


[1] https://nitrogensports.eu/

Yes, they helped in the beginning but I hope popularity and mass adoption come with lightning network and many companies accepting bitcoin, it will be a better publicity than casino gambling, people buying drugs, and escorts accepting bitcoin.

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March 05, 2018, 07:30:43 AM
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I've joined several campaigns like casinos or betting like gambling. but until now I have not seen everything run smoothly after ico is done. I think this should be real if creating a casino project.

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March 05, 2018, 07:31:57 AM
 #15

So i have a serious question about Bitcoins...

First a little bit of my self, I work in the online casino industry since 5 years ago, and last year and the beggining of this year i have find out something incredible - The new ctrypto casinos.

Last month i counted 14 new Casinos that offer their players to play with Bitcoins, and hear it becomes popular among the players. faster payouts, potential higher winnings, and more games. If the traditional casino players start to buy bitcoins, i assume that is good for the Bitcoin market?

Do you think that the online casino industry can help bitcoins to rise more among the mainstream audience? Please come with feedback.

Bitcoin is good solution for gambling. In nowadays fees is low too and time of confirmation low too.
I think gambling industry help Bitcoin and price will be rise, also will get more users using bitcoin
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March 05, 2018, 07:39:04 AM
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Yes true even  istarted with faucet which was giving free bitcoin eventually it made me to play faucets then addicted for some time . There is lots of proven casino's are available some are Bitdice , Betking , FreeBit.co.in . See the recent ICO strategy more money invested into online gaming and gambling industry.
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March 05, 2018, 07:40:25 AM
 #17

So i have a serious question about Bitcoins...

First a little bit of my self, I work in the online casino industry since 5 years ago, and last year and the beggining of this year i have find out something incredible - The new ctrypto casinos.

Last month i counted 14 new Casinos that offer their players to play with Bitcoins, and hear it becomes popular among the players. faster payouts, potential higher winnings, and more games. If the traditional casino players start to buy bitcoins, i assume that is good for the Bitcoin market?

Do you think that the online casino industry can help bitcoins to rise more among the mainstream audience? Please come with feedback.
My opinion, the online casino industry can not help be bitcoin
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March 05, 2018, 07:53:43 AM
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So i have a serious question about Bitcoins...

First a little bit of my self, I work in the online casino industry since 5 years ago, and last year and the beggining of this year i have find out something incredible - The new ctrypto casinos.

Last month i counted 14 new Casinos that offer their players to play with Bitcoins, and hear it becomes popular among the players. faster payouts, potential higher winnings, and more games. If the traditional casino players start to buy bitcoins, i assume that is good for the Bitcoin market?

Do you think that the online casino industry can help bitcoins to rise more among the mainstream audience? Please come with feedback.

I am playing online casino for some time now. I think they are helping each other. There are a lot of reputable and trusted online casino that accepts bitcoin. It helps the casino because some of the gamblers don't want to go trough some registration. Just put up your btc add and send a bitcoin.
It gives casino users easier access to play games.

Casino are helping bitcoin, because players will most likely use bitcoin and people will buy bitcoin to play with.


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March 05, 2018, 08:00:11 AM
 #19

of course it can be very helpful considering the casino enthusiasts are very large and for example bitcoin to be a tool for betting in the casino, then it can really help bitcoin. in this case of course bitcoin demands will be more and more because those who want to bet in the casino must buy bitcoin first.
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March 05, 2018, 08:07:51 AM
 #20

Probably any industry that is able to use bitcoin and increase its popularity will increase the value of Bitcoin.  The more industries that use bitcoin the better.

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