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Author Topic: Did the use of online gambling increase with crypto moneys?  (Read 22725 times)
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January 06, 2019, 04:34:27 PM
 #181


That is because people are slow in accepting new things even when those things are good for them. I can't believe that most gamblers are still playing on sites where games are not provably fair, and yet this is the situation we have in gambling world currently.


Also, I believe cryptocurrency investors have are usually interested in gambling, as many of them are looking for high return and high risk investments

I think that most of the cryptocurrency investors are aware of the fact that trying to make money with gambling is a very bad idea. Gambling should be treated as entertainment, and not as a way to make money, and fortunately only small percentage of gamblers don't understand this. Crypto investors may gamble with some coins, but mostly for the fun of it. They can't think of gambling as of high return and high risk investment, because they know that gambling is not an investment at all.


True that. Even none of my friends dabbled in cryptos, let alone crypto gambling.

I guess they feel like its some sort of air money because there's nothing physical to back them up.

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January 09, 2019, 01:18:48 PM
 #182

True that. Even none of my friends dabbled in cryptos, let alone crypto gambling.

I guess they feel like its some sort of air money because there's nothing physical to back them up.

Hey, you are not alone because I don't know how many of my friends who know about bitcoin because they still think about how to collect more fiat by work and not by making an investment in other business.
But I think they will curious once the cryptocurrency can booming like 2017 and they will find me because they need an explanation from me and in that time, I will ask them to search by online Cheesy

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January 09, 2019, 02:06:34 PM
 #183

Yes there is a direct relationship here with the fact that crypto gave people the ease and luxury fiat was unable to give. You could transfer it to any casino without the bank hassles or without anyone knowing it. Plus you saved incredibly on the taxes that's a big plus. Secondly I would think of the returns higher returns less btc you need to spend, and plus again receiving it back and without a trace.
But also this will brings us to more addiction and losses since we can have our money instantly to bet and chance of losing,not like the hassles of banking that gives you enough time to think if you will continue or just go home and back the next day
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January 09, 2019, 04:28:09 PM
 #184

Actually it was my first time to gamble online so I really don't know what's the difference between using crypto over fiat but I think crypto is more convenient because of its feature of being anonymity and since I am from the third world country that doesn't have credit card it would be hard for me to gamble using fiat when I stumble upon bitcoin  I was really amaze how easy to use it and how easy for me to buy anytime I want.
That was right, using cryptocurrency in gambling is much more convenient rather than you use fiat in gambling. Instead of moving to other places to go to casinos you can easily be doing that at your home. I'm not gambling lover but sometimes if I have an extra bitcoin I open my gambling site account and play dice it is really easy to gamble just deposit your digital money and you can start gambling.
It has a big effect on the price on the market if many people purchase crypto to use in gamble it means it has a more demand for bitcoin and makes it expensive.

Convenience and anonymity of cryptocurrency transactions made it easier for gamblers to bet without tension of privacy issues. Cryptocurrency gambling attracted more people from around the world into online casinos. It is much helpful for gamblers who are from such countries where gambling is not allowed.
There was a time when technology wasn’t that much suppressive. And see it now, even people are running themselves just because of this gambling thing. They want to kill themselves financially and emotionally but just they got blind of the worst greed, they aren’t seeing anything. Online gambling is also a worst part of this technological evolution. May things get good?

Since the start of online gambling, many people who were not used to go to casino, started gambling online because it was easily accessible and anyone can play online gambling. This has resulted in a massive increase in gambling users. Also since the user involved in gambling are more, the amount of money being lost in gambling is also alarming high.

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January 09, 2019, 10:47:48 PM
 #185

Since the start of online gambling, many people who were not used to go to casino, started gambling online because it was easily accessible and anyone can play online gambling. This has resulted in a massive increase in gambling users. Also since the user involved in gambling are more, the amount of money being lost in gambling is also alarming high.

there are still alot of people who go to casinos especially those who are old enough and rich because they want to socialize more in public and they didnt recognized cryptocurrency yet .   

online gamblings on the other hand are verry familiar with millenials and young teens  . 

Online gambling do also increase crypto money or crypto users because it is accesbible and easy to use  . 

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January 10, 2019, 10:39:04 AM
 #186

I don't have problem with depositing my money in a a gambling sites, our local exchange supports any transaction and gambling is not illegal in my area of jurisdiction. I know for the fact that because of the online gambling it has attract more gamblers to try crypto gambling because it's easy and faster compared to the traditional gambling sites. Here in crypto, you can enjoy different promotions on different sites and anyone can gamble even at a small amount, so it has given a lot of gamblers more opportunity to enjoy and play around in different gambling sites.

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January 10, 2019, 10:52:42 AM
 #187

Since the start of online gambling, many people who were not used to go to casino, started gambling online because it was easily accessible and anyone can play online gambling. This has resulted in a massive increase in gambling users. Also since the user involved in gambling are more, the amount of money being lost in gambling is also alarming high.

there are still alot of people who go to casinos especially those who are old enough and rich because they want to socialize more in public and they didnt recognized cryptocurrency yet .   

online gamblings on the other hand are verry familiar with millenials and young teens  . 

Online gambling do also increase crypto money or crypto users because it is accesbible and easy to use  . 


Most of the oldies don’t want to adopt new technologies and they still prefer to gamble in casinos, and its volume still high though most of the new gambler now prepare to play online. With a help of cryptocurrency, online gambling is growing and we can see now the volume of every gambler are impressive. Look for more years and when cryptocurrency legally introduce in every country, for sure it will increase more.
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January 11, 2019, 04:27:19 PM
 #188

Gambling is a big industry, but this wasn't much known to the outer world. Because, in the past gambling was termed to be the use case for the richest. Later slowly people started to explore and further it became common when small funds too is enough for gambling. Earlier gambling supported the growth of bitcoin with the increased circulation. By that time bitcoin was not much known to the people.
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January 11, 2019, 05:32:09 PM
 #189

We used different deposit methods and there was a lot of fees in the past. What is the link between crypto moneys use and online gambling?
Increased a lot,even I started to play gambling with much money since I am playing at the crypto gambling sites but before I just used to play very small amounts at fiat based gambling sites.
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January 15, 2019, 09:59:25 AM
 #190

Increased a lot,even I started to play gambling with much money since I am playing at the crypto gambling sites but before I just used to play very small amounts at fiat based gambling sites.
Its because of the advantages crypto gives over the traditional gambling money method. Even if you think about the land based casinos you would have to use fiat to pay for the chips there and law enforcement would definitely be keeping track of you. If you want to escape them and still try to double your coins you would obviously go after some method that does not allow tracking.

Without any doubt crypto has changed the way the online gambling industry run nowadays and in future this will generate the demand for coins and drive the market.

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January 15, 2019, 11:54:51 AM
Last edit: January 15, 2019, 12:05:55 PM by BeGoods
 #191

Yes there is a direct relationship here with the fact that crypto gave people the ease and luxury fiat was unable to give. You could transfer it to any casino without the bank hassles or without anyone knowing it. Plus you saved incredibly on the taxes that's a big plus. Secondly I would think of the returns higher returns less btc you need to spend, and plus again receiving it back and without a trace.
Of course, Even many people come and use crypto because they want to gamble. crypto which is known as a decentralized and
anonymous currency is certainly very suitable for activities such as gambling. you will not be traceable nor will your money.
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January 15, 2019, 02:25:50 PM
 #192

Yes there is a direct relationship here with the fact that crypto gave people the ease and luxury fiat was unable to give. You could transfer it to any casino without the bank hassles or without anyone knowing it. Plus you saved incredibly on the taxes that's a big plus. Secondly I would think of the returns higher returns less btc you need to spend, and plus again receiving it back and without a trace.
Of course, Even many people come and use crypto because they want to gamble. crypto which is known as a decentralized and
anonymous currency is certainly very suitable for activities such as gambling. you will not be traceable nor will your money.
Well, crypto has so many special and safe features for gambling, anonymity, police can not manage and participate at home at any time, this is truly an ideal condition for gamblers, so we don't need to be surprised when many people use crypto to gamble online. But with the number of online gamblers with crypto increasing over time and growing at such a rapid rate, I believe the government will take measures to deal with this situation because this problem affects the safety and order of society, they need to stop early before the worst situations come

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January 16, 2019, 11:38:57 AM
 #193

Yes there is a direct relationship here with the fact that crypto gave people the ease and luxury fiat was unable to give. You could transfer it to any casino without the bank hassles or without anyone knowing it. Plus you saved incredibly on the taxes that's a big plus. Secondly I would think of the returns higher returns less btc you need to spend, and plus again receiving it back and without a trace.
Of course, Even many people come and use crypto because they want to gamble. crypto which is known as a decentralized and
anonymous currency is certainly very suitable for activities such as gambling. you will not be traceable nor will your money.
Well, crypto has so many special and safe features for gambling, anonymity, police can not manage and participate at home at any time, this is truly an ideal condition for gamblers, so we don't need to be surprised when many people use crypto to gamble online. But with the number of online gamblers with crypto increasing over time and growing at such a rapid rate, I believe the government will take measures to deal with this situation because this problem affects the safety and order of society, they need to stop early before the worst situations come
of course the government won't stay silent with things like this. thats why there are many restrictions on crypto or freezing online gambling sites that happens a lot in my country. from crypto or online currency the spread of online gambling sites is getting bigger. that is the fact that happened. the government will have difficulty dealing with this
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January 16, 2019, 12:04:31 PM
 #194

We used different deposit methods and there was a lot of fees in the past. What is the link between crypto moneys use and online gambling?

most gambling sites nowadays already adopted cryptocurrencies meaning you can play and bet within using some of the selected cryptocurrency out there. Thats why gambling sites has been so successful because of this, theyre allowing innovation within their systems.
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January 16, 2019, 02:53:56 PM
 #195

I played for a while and it was very interesting with my family, even children are having fun, but of course I tell them it's bad. There are many ways to play online, but I'm more profitable when I play in the casino, because I think it's more cheating online and more reliable to me.

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January 16, 2019, 03:50:02 PM
 #196

I played for a while and it was very interesting with my family, even children are having fun, but of course I tell them it's bad. There are many ways to play online, but I'm more profitable when I play in the casino, because I think it's more cheating online and more reliable to me.



The increase of users of cryptocurrency will definitely increase the gambling uses also because online is the most appropriate thing for all the people in nowadays so I definitely happened when you comes to one field it will attract the other friend also.

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January 16, 2019, 04:16:39 PM
 #197

We used different deposit methods and there was a lot of fees in the past. What is the link between crypto moneys use and online gambling?

most gambling sites nowadays already adopted cryptocurrencies meaning you can play and bet within using some of the selected cryptocurrency out there. Thats why gambling sites has been so successful because of this, theyre allowing innovation within their systems.
That's right, the gambling industry was able to cope up adopting crypto and they got a lots of participants who loves hiding their identity and use crypto as their bankroll, the more gambling site uses the system the more players will be able to learn about crypto and mostly try new system that will give them some enhancement and easy to access payment transactions.

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onrise
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January 16, 2019, 04:34:49 PM
 #198

I played for a while and it was very interesting with my family, even children are having fun, but of course I tell them it's bad. There are many ways to play online, but I'm more profitable when I play in the casino, because I think it's more cheating online and more reliable to me.


Just play for fun and entertain yourself . Do not get too much indulge into gambling as into long term you can get addicted to it and will suffer a lot of get addicted and then might even loose money as it happens when you gamble a lot .

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whirlcoin
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January 16, 2019, 09:14:28 PM
 #199

I played for a while and it was very interesting with my family, even children are having fun, but of course I tell them it's bad. There are many ways to play online, but I'm more profitable when I play in the casino, because I think it's more cheating online and more reliable to me.


Just play for fun and entertain yourself . Do not get too much indulge into gambling as into long term you can get addicted to it and will suffer a lot of get addicted and then might even loose money as it happens when you gamble a lot .

In the old days we are gamble with offline methods when the days are going we need some improvement so we are using online gambling as the main part of gambling yes it will definitely a good change to increase the uses of gambling and it improve the stability also.
Destined
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January 17, 2019, 09:30:04 AM
 #200

Just play for fun and entertain yourself . Do not get too much indulge into gambling as into long term you can get addicted to it and will suffer a lot of get addicted and then might even loose money as it happens when you gamble a lot .
You're right, I agree with you. In my free time, I often participate in bets on some websites and look for fun. You probably know about Freebitco.in, sometimes I still go there and participate in betting. And affter, I feel comfortable doing my work
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