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Author Topic: Can the online Casino industry help Bitcoin?  (Read 687 times)
izanagi narukami
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March 29, 2018, 02:10:59 PM
 #101

I'm not sure they can popularize bitcoin. my opinion is that all users lose their money there

Yes it can but the demand are not as great as state's demand.

Let's compare if bitcoin gambling site usually have 100.000 active player  = 100.000 demand
If my government let say legalize bitcoin with 200.000.000 total population = 1.000.0000 demand

The analogy I made is state's demand are greater !

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March 29, 2018, 02:27:57 PM
 #102

Casinos that are utilizing cryptocurrencies or the blockchain is somehow a sort of advertising for cryptos already. With the number of Casino or betting related ICOs today, we can't deny that they are helping spread the significance of blockchain not only in the betting industry but for all.

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March 30, 2018, 06:12:05 PM
 #103

I'm not sure they can popularize bitcoin. my opinion is that all users lose their money there

sure you cant expect to be rich of playing online casino, buy im pretty sure the new crypto casinos will help to spread the word about crypto currency

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April 02, 2018, 06:10:52 AM
 #104

Casinos that are utilizing cryptocurrencies or the blockchain is somehow a sort of advertising for cryptos already. With the number of Casino or betting related ICOs today, we can't deny that they are helping spread the significance of blockchain not only in the betting industry but for all.

Yes, thats true, a lo of betting sites starts to add crypto also

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poot89
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April 02, 2018, 06:23:15 AM
 #105

I think online casinos are not much affected by Bitcoin because only a small amount of Bitcoin is circulated in online casinos, so more Bitcoins are still in the hands of some exchanges or whales, so it cannot affect Bitcoin. .
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April 02, 2018, 06:28:15 AM
 #106

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 they have a huge community of course it will help the growth of bitcoin in the future, we can not deny that gambling growth will help the bitcoin in the future, because if we think it will facilitate many gambling enthusiasts will use bitcoin for online gambling game.
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April 02, 2018, 06:29:39 AM
 #107

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 i believe that online casino that are using cryptocurrency will really help bitcoins to grow its value since there are a lot of people that are greedy about earning a huge amount of money and if they will allow cryptocurrency on their business then more customer's will come in this gambling industry and aiming to earn cryptocurrency as well.

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April 02, 2018, 06:30:04 AM
 #108

I think most people want to make money from Bitcoin instead of using Bitcoin to gamble. Of course, I can't say that all people don't use Bitcoin to gamble. People who use Bitcoin gambling account for more than Bitcoin users. A very small proportion. The help for Bitcoin is very small.
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April 02, 2018, 06:37:45 AM
 #109

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.

I agree with your opinion. Even at the moments of the bitcoin rate drop, the bitcoin owners confidently look into tomorrow. I do not think that it makes much sense to spend bitcoins in an online casino, if you can spend the Fiats, which you will then receive, selling bitcoin at the peak of the course. The only "BUT" my opinion is the opinion of a person without a special love for excitement
willnotwas
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April 02, 2018, 06:38:47 AM
 #110

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.

Gambling industry can help bitcoin to the same extent as increasing of drug market in darkweb - it'll just hurt his reputation once again. To rise more among the mainstream audience we need to be able to pay with crypto in any mall on an equal basis with Visa payments.  This is just my humble opinion.
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April 02, 2018, 06:45:19 AM
 #111

It's definitely one of the industries holding btc together, but, alone, it cant bring btc to mass adoption. We need everyday stores accepting btc as payment. Just online stores are enough but i dont know when or if we'll get there.

Lot of people are against crypos being used for gambling. I dont think it brings "bad" reputation. I mean fiat is more widely used for gambling. We cant prevent using it "bad" things. The important thing is we also find good or "neautral" uses for it.

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doraegun
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April 02, 2018, 06:51:48 AM
 #112

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 thinks its no because all player of casino is only a rich person not to help in general imagine only casino owner would be a potential to grow their wealth so that is not helpful to grow of bitcoin. I think everyone of us would be a big potential to be bitcoin dominated until it is a number currency use for every country.

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VertcoinGames
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April 04, 2018, 09:26:49 AM
 #113

Any chance of having https://vertcoingames.com added to the website?

While we accept Vertcoin currently we're about to integrate with over 50 altcoins.

We also have player rewards releasing soon Smiley
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April 04, 2018, 09:30:36 AM
 #114

Casino open many new opportunity for people especially for unemployed !
When casino accept bitcoin, it's affect on bitcoin's demand , of course it's increase for global scale !
Many casino try to adjust people's demand for their transaction in order to fulfill their desire because customer is top priority !
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April 04, 2018, 09:31:50 AM
 #115

Online casino at Bitcoins is a great way to earn Bitcoin with pleasure and without any investment. Excitement can be justified only when you do not risk your own savings.
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April 04, 2018, 09:52:28 AM
 #116

Online casino at Bitcoins is a great way to earn Bitcoin with pleasure and without any investment. Excitement can be justified only when you do not risk your own savings.

Thats true, if you are lucky, you can actually get BTC fro free after you sign up at some of the new crypto casinos that offers free btc/freespins when you reg.
I actually got 0,4 BTC just from doing that, Ok i cant buy a new car from it:) but still its for free

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April 04, 2018, 09:54:11 AM
 #117

Any chance of having https://vertcoingames.com added to the website?

While we accept Vertcoin currently we're about to integrate with over 50 altcoins.

We also have player rewards releasing soon Smiley

Hi Vertcoin, let me have a look at it, and please contact us on our website, if you want to be added on the site

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safeend6
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April 09, 2018, 04:45:10 AM
 #118

If casinos can embrace btcs I think it will beneficial a lot for the bitcoin industry development.
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April 09, 2018, 03:42:15 PM
 #119

Its hard to say about mainstream acceotance because casino lovers wouldd get into it but I don't think normal people would do so
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April 09, 2018, 03:50:34 PM
 #120

Professional casino players will probably like bitcoin for it is high potential in the future and it seems amazing features in the market. Casino is one kind of business that some big whales or I should say politicians, businessman, celebrities, and more person that not simply habitat on one country can be found at casino all over the world. Casino is a place of money then it can help bitcoin economy to grow. No one can stop it unless it is forbidden to use.
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