Bitcoin Forum
May 10, 2024, 10:13:58 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3] 4 5 6 7 8 »  All
  Print  
Author Topic: Can the online Casino industry help Bitcoin?  (Read 679 times)
pxo.011
Member
**
Offline Offline

Activity: 266
Merit: 10


View Profile
March 05, 2018, 11:05:02 AM
 #41

well it is possible because a gambler will buy bitcoin to do gambling, and the price will roll
1715336038
Hero Member
*
Offline Offline

Posts: 1715336038

View Profile Personal Message (Offline)

Ignore
1715336038
Reply with quote  #2

1715336038
Report to moderator
1715336038
Hero Member
*
Offline Offline

Posts: 1715336038

View Profile Personal Message (Offline)

Ignore
1715336038
Reply with quote  #2

1715336038
Report to moderator
1715336038
Hero Member
*
Offline Offline

Posts: 1715336038

View Profile Personal Message (Offline)

Ignore
1715336038
Reply with quote  #2

1715336038
Report to moderator
Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715336038
Hero Member
*
Offline Offline

Posts: 1715336038

View Profile Personal Message (Offline)

Ignore
1715336038
Reply with quote  #2

1715336038
Report to moderator
1715336038
Hero Member
*
Offline Offline

Posts: 1715336038

View Profile Personal Message (Offline)

Ignore
1715336038
Reply with quote  #2

1715336038
Report to moderator
1715336038
Hero Member
*
Offline Offline

Posts: 1715336038

View Profile Personal Message (Offline)

Ignore
1715336038
Reply with quote  #2

1715336038
Report to moderator
Tonygold1967
Jr. Member
*
Offline Offline

Activity: 308
Merit: 5


View Profile
March 05, 2018, 11:06:56 AM
 #42

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 think it will help significantly, online casinos which are accepting bitcoin have great power.
natalagerman95
Jr. Member
*
Offline Offline

Activity: 154
Merit: 1


View Profile
March 05, 2018, 11:44:25 AM
 #43

Casino? Bitcoin? Only if they cooperate and receive profits from losses in the casino by bitcoins, which is ridiculous.
Ranly123
Full Member
***
Offline Offline

Activity: 952
Merit: 104


★777Coin.com★ Fun BTC Casino!


View Profile
March 05, 2018, 11:57:06 AM
 #44

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.

Casino that uses bitcoin helps the demand rises due to daily usage of bitcoin. Online casino is a big contributor for the success of bitcoin in the community. Though only the rich can afford to invest and play in online casino, the lower bracket of the society will hope for it to flurish and make tge price of bitcoin rise higher.

Salesman4coinZ
Full Member
***
Offline Offline

Activity: 336
Merit: 102



View Profile
March 05, 2018, 11:59:20 AM
 #45

I dont think that casinos can help the to get a better image for cryptocurrencies. Cryptocurrencies and Bitcoin has a very bad image thanks to the mainstream media. So casinos also have a bad image. If the online casino now supportings cryptocurrencies, it wouldnt helpt bitcoin to get a better image. Of course online casinos are a huge market, and if they go on for cryptocurrencies, it would help to make it more popular, but the image wouldnt be better.
NewCryptocasinos (OP)
Jr. Member
*
Offline Offline

Activity: 438
Merit: 5

Gamble Responsibly


View Profile WWW
March 05, 2018, 11:59:57 AM
 #46

Casino? Bitcoin? Only if they cooperate and receive profits from losses in the casino by bitcoins, which is ridiculous.

Well if we look on it from a player perspective, some of the new crypto casinos offers cashback on losses.

Newcryptocasinos.com - Gamble Responsibly 18+
Never spend more money on gambling than you can afford to loose.
NewCryptocasinos (OP)
Jr. Member
*
Offline Offline

Activity: 438
Merit: 5

Gamble Responsibly


View Profile WWW
March 05, 2018, 12:11:21 PM
Last edit: March 05, 2018, 12:25:50 PM by NewCryptocasinos
 #47

I dont think that casinos can help the to get a better image for cryptocurrencies. Cryptocurrencies and Bitcoin has a very bad image thanks to the mainstream media. So casinos also have a bad image. If the online casino now supportings cryptocurrencies, it wouldnt helpt bitcoin to get a better image. Of course online casinos are a huge market, and if they go on for cryptocurrencies, it would help to make it more popular, but the image wouldnt be better.

I agree to some point, but i also notice a different among the casino players, before players didn't want to speak loud about them plan online, but last year i see ( especially in Europe ) players actually start to brag about winnings, and some of the new casinos have famous ambassadors to promote the casinos. and the legalization that happens now in a lot of European countries will probably help the casinos to get a more trustworthy picture.  Players look for fast payouts, bigger winnings, great offers, and the new crypto casinos offer all of this.

I think the gambler/players will look as it like this

Cryptoplayer
Player 1 deposit 0,5 btc and win 1 BTC
This player believes, that his winning can be worth so much more in 3-5 months if he cash out

Traditional Casino player
Player 2 deposit 5k and win 10k USD
This player know that he winning will not increase in value.

Newcryptocasinos.com - Gamble Responsibly 18+
Never spend more money on gambling than you can afford to loose.
zentdex
Full Member
***
Offline Offline

Activity: 196
Merit: 274


View Profile
March 05, 2018, 12:13:51 PM
 #48

I do hope it helps, but on the other side it seems the online casino will soon start to create their own coin that could be another child coin of bitcoin and soon once concrete enough and use by many will be start to be listed in trading firms and eventually be mark as another bitcoin opponent. If the existing online casino will just accept bitcoin, it could definitely help bitcoin and its community, but if the stated situation will be done, it can help in some other ways, like attracting people to use crypto.
Shamie1002
Full Member
***
Offline Offline

Activity: 406
Merit: 102


View Profile
March 05, 2018, 12:16:27 PM
 #49

I personally think that it does help the bitcoin industry.
Based on my own experience, gambling does attract people. Especially the rich ones, greedy ones and those who think betting could get them out of poverty.
Some are just in gambling for fun. And I think leisure activities are what people are finding nowadays.

With casinos using bitcoin, they will be more interested. More convenient and there is a possibility that their profits may increase.
raddish
Newbie
*
Offline Offline

Activity: 252
Merit: 0


View Profile
March 05, 2018, 12:18:07 PM
 #50

I think in the long term wise bitcoin will be quite beneficial to the online casino as the owner of the wallets of bitcoin is annoymous, most of the people i know got into bitcoin due to the "annoymous profile" and the speed of transfering and charges will be minimal to the parties involve.
NewCryptocasinos (OP)
Jr. Member
*
Offline Offline

Activity: 438
Merit: 5

Gamble Responsibly


View Profile WWW
March 05, 2018, 12:19:18 PM
 #51

I do hope it helps, but on the other side it seems the online casino will soon start to create their own coin that could be another child coin of bitcoin and soon once concrete enough and use by many will be start to be listed in trading firms and eventually be mark as another bitcoin opponent. If the existing online casino will just accept bitcoin, it could definitely help bitcoin and its community, but if the stated situation will be done, it can help in some other ways, like attracting people to use crypto.

True, some casinos like Breakout Casino already develop their own coins like you said, and others like Bitstars seems more interested to add more currencies.
we will see, but i truly believe that we will see an increase of "crypto casino players" this year.

Newcryptocasinos.com - Gamble Responsibly 18+
Never spend more money on gambling than you can afford to loose.
futuret
Hero Member
*****
Offline Offline

Activity: 728
Merit: 502


View Profile
March 05, 2018, 06:57:30 PM
 #52

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.

Yes greatly. A lot of the fear surrounding bitcoin is that it might not be viable for any investments or business that are already up. And if an online casino would integrate it, it would surely further the cause of bitcoin being viable and that a lot of users are in it and it can show other investors and business owners how effective business woth bycoin can be and how it can increase their sales or how many people would be joining just by them being able to accept bitcoin as payment and as such it can cause a rippling effect for the people there involved
The asked question is a bit regional level, I just want ta take it to the international level and my argument is that everything which will acknowledge the bitcoin or the crypto currency are certainly doing good to the bitcoin, because any acceptable business with circulation of money in several hands has the tendency to gather more customers with every day passing, so with every new customer there will be more money involved in that precise business and the more the money is, the more the weight will be.
megynacuna
Sr. Member
****
Offline Offline

Activity: 756
Merit: 253


View Profile
March 05, 2018, 09:39:38 PM
 #53

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.

Casino that uses bitcoin helps the demand rises due to daily usage of bitcoin. Online casino is a big contributor for the success of bitcoin in the community. Though only the rich can afford to invest and play in online casino, the lower bracket of the society will hope for it to flurish and make tge price of bitcoin rise higher.


I couldn't agree with you the more, anything that helps to spend  bitcoins in a way is either contributing to the demand or supply of bitcoin and as such indirectly regulating its value and prices on the market and so since many casinos have found themselves accepting bitcoin it is going to steadily grow its value and help newbies hear and know about bitcoin on a daily basis and its good for our investments.
mahimonliner
Full Member
***
Offline Offline

Activity: 350
Merit: 100


Join FlipNpik Telegram : t.me/flipnpikico


View Profile WWW
March 05, 2018, 09:44:19 PM
 #54

Yes surely online casino's will help bitcoin to grow its value more. Because the more people get into crypto currency the more it will become established. And for gamblers bitcoin/crypto currency is a winne.
They can use bitcoin without any trace

Ratash
Full Member
***
Offline Offline

Activity: 1540
Merit: 102


View Profile
March 05, 2018, 09:47:35 PM
 #55

yes i think the online casino will help bitcoin to grow because we all know how much the profits are in the casinos so if they use bitcoin then the price will go to the moon.
GoldenLad
Member
**
Offline Offline

Activity: 252
Merit: 12


View Profile
March 05, 2018, 10:19:26 PM
 #56

You should consider moving this thread to the gambling Section, I am very sure there will be lots of opinions to input in this from there. Well, back to the topic; in some ways casinos may not be helping bitcoins to grow because most people don't hold their coins but gamble it away in casinos, I know this because I am a gambler. Though, this is in no way the fault of the casinos owners because gamblers should learn to control themselves too. Though, in some other way, some new gamblers whom don't know bitcoin might know about them through online casinos.
hackzang12
Full Member
***
Offline Offline

Activity: 392
Merit: 101



View Profile
March 05, 2018, 10:24:30 PM
 #57

One reason why people chasing bitcoin because the technology behind it is imortant that's why the industry of Casino would grow so much more on its current price.
SaShiRaJaVu
Hero Member
*****
Offline Offline

Activity: 1694
Merit: 541


View Profile
March 05, 2018, 11:55:05 PM
 #58

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.
The online casino that accept bitcoin are very much active for the past four years and now we have some good casinos and sports betting sites in the cryptocurrency market and sure there are many people coming into this platform simply because there is a restriction to play with fiat based currency in their country and sure it will market bitcoin without a doubt and it is a big industry now.
Siren
Sr. Member
****
Offline Offline

Activity: 826
Merit: 265



View Profile
March 06, 2018, 12:03:07 AM
 #59

Ofcourse it will help,every institution that will use bitcoin for their business,in any form doesnt need to be in gambling only though this one has. Big accommodations of bitcoin in their part,every single cents that has been converted to bitcoin is a big help,though it reverses if uses the other way around..and theres nothing new about this because we have our own casino here in crypto community and it does having circulated with lots of bitcoins
Jaya912
Full Member
***
Offline Offline

Activity: 280
Merit: 101



View Profile
March 06, 2018, 12:11:12 AM
 #60

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

It will not help bitcoin at all if the casino not accept bitcoin for their transaction.
It will help bitcoin if they accept bitcoin as for payment transaction so it depend on the casino itself.
Pages: « 1 2 [3] 4 5 6 7 8 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!