gambling in the crypto market

[fordsons]

Playing with the crypto is more profitable than playing with the usual currency.

I don’t think so because I have never seen a person that make money in gambling. All gamblers finally lose all their money and even go in debts. This is the nature of gambling that you cannot win a lot of money continuously. For me cryptocurrency is for making money and gambling is for losing money. Both are opposite of each other.

[imstillthebest]

Playing with the crypto is more profitable than playing with the usual currency.

I don’t think so because I have never seen a person that make money in gambling. All gamblers finally lose all their money and even go in debts. This is the nature of gambling that you cannot win a lot of money continuously. For me cryptocurrency is for making money and gambling is for losing money. Both are opposite of each other.

the guy above is only comparing crypto between fiats . he says that crypto used in gambling is more profitable than using fiat as bets . of course gambling is verry risky and not all people can win thru it and there is no difference between cryptos and fiats because gambling will still depend on your luck and not on the curreny that you are using . however gambling in the crypto market is more easier and more accesible because it is online and  cryptos are also easy to obtain nowadays . which means you can play gambling at all times  , anywhere you are .

[kenziefried]

gambling is not so safe online because of the risks you discussed which are against our security. If you want to stay away or want to get rid of these insecurities then simply follow gambling in casinos or any other place where you can start gambling where there gamblers follow the rules to play on a good manner. Online gambling is very good on rated sites but if you are not sure about it then follow traditional way.

It is not like there is no rules in gambling online as there are still some terms and conditions, but the only thing here is you are all to yourself and you really would not have much rule to break since all you have to do is play and do whatever you feel like.

It is highly impossible to cheat the system anyway and most of the time, with the provably fair, you are still losing anyway. One thing though is that with real casino, I feel there are better chances of winning with some strategies and a lot of luck than in online casinos.

Gambling on the whole is not good and people in your society will disrespect you, because opinion about a gambler is not good and a gambler always face negative attitude. Anyway I think that one should not gamble with his crypto because crypto is not only money but also a business and you should never use your business in gambling.

Gamblers have their eyes on cryptocurrencies and are playing through it as payment method in gambling which may benefit them that is why cryptocurrencies are using on large scale. I think that cryptocurrencies are valuable and we should not lose in gambling because it is a digital currency using for business and when we enter it into gambling then it does not remain business.

[geopolisch]

I think the crypto market now seems to be more suitable for gambling than for normal life, as it seems to solve a lot of things like fast, convenient, anonymous and easy to dodge. the law.
Are you saying yes and no?

For sure yes, and i like to see the big casino operators start to accept BTC and other crypto currencies.

I would love to company your statement if this is about only legalization and implementing and accepting of crypto. But you totally shit up at the end. Gambling can’t be in your favor, no matter what really happens. This is always a death bed and whosoever lay on it for any reason, either to win money or just to enjoy and have fun, he will be lost in a huge valley of destruction.

[TheUltraElite]

Gamblers have their eyes on cryptocurrencies and are playing through it as payment method in gambling which may benefit them that is why cryptocurrencies are using on large scale.

I think its more so due to the anonymity provided by crypto. Most gamblers are paranoid about someone close finding out about their vices and scolding them for that. Its because they are not willing to disclose their bad habits and the fear that it would affect their family in a bad way.

I think that cryptocurrencies are valuable and we should not lose in gambling because it is a digital currency using for business and when we enter it into gambling then it does not remain business.

Correct and I feel one should not waste their money at all. After all these coins are valuable for future rise in market price and thus the holding value of them is immense. Why waste them by gambling when you can reap profits in both short term and long term?

[minersday]

Why do you think so? I think that it is always a good time for making bets, playing on casinos and doing a lot of other stuff related to this.

But i do not get why so many people confuse all this stuff, with the price of bitcoin, because both are very different things.

i am never going to understand that

[drlukacs]

I think the crypto market now seems to be more suitable for gambling than for normal life, as it seems to solve a lot of things like fast, convenient, anonymous and easy to dodge. the law.
Are you saying yes and no?

Totally agree with you. I think that if any people interested in joining gambling, they never want public their identity. So that crypto market, especially purchasing with cryptos will become successful because of the high speed, security, anonymous and they can exchange to any cryptos or fiat currency if they have the need.

[sunsilk]

Why do you think so?

He already said that gambling with cryptocurrencies are suitable for everyone because it is "fast, convenient and anonymous".

I think that it is always a good time for making bets, playing on casinos and doing a lot of other stuff related to this.

But i do not get why so many people confuse all this stuff, with the price of bitcoin, because both are very different things.

i am never going to understand that

I think you are the one that understands it the other way. OP didn't even tackled about the price of bitcoin and other crypto's. He's just telling what are the features that one can get if he's going to gamble with crypto's.

Totally agree with you. I think that if any people interested in joining gambling, they never want public their identity. So that crypto market, especially purchasing with cryptos will become successful because of the high speed, security, anonymous and they can exchange to any cryptos or fiat currency if they have the need.

Yes that's it!

Gamblers that doesn't want to expose themselves gambling, sending money to casino's has now a better choice through crypto's.

[guoyu78]

I think the crypto market now seems to be more suitable for gambling than for normal life, as it seems to solve a lot of things like fast, convenient, anonymous and easy to dodge. the law.
Are you saying yes and no?

Totally agree with you. I think that if any people interested in joining gambling, they never want public their identity. So that crypto market, especially purchasing with cryptos will become successful because of the high speed, security, anonymous and they can exchange to any cryptos or fiat currency if they have the need.

Sure, that is one of the major reasons why we have a lot of people even becoming more exposed to gambling these days than they would have in real life. Anonymity is one of the major characteristics blockchain gambling really has brought into reality and for the fact that people can do their thing in their comfort zones without being traced, makes it pretty easy for them to at least gamble without the fear of being tagged possibly by the society or the government when it comes to gambling activities.

[Ziskinberg]

I think the crypto market now seems to be more suitable for gambling than for normal life, as it seems to solve a lot of things like fast, convenient, anonymous and easy to dodge. the law.
Are you saying yes and no?

Totally agree with you. I think that if any people interested in joining gambling, they never want public their identity. So that crypto market, especially purchasing with cryptos will become successful because of the high speed, security, anonymous and they can exchange to any cryptos or fiat currency if they have the need.

Sure, that is one of the major reasons why we have a lot of people even becoming more exposed to gambling these days than they would have in real life. Anonymity is one of the major characteristics blockchain gambling really has brought into reality and for the fact that people can do their thing in their comfort zones without being traced, makes it pretty easy for them to at least gamble without the fear of being tagged possibly by the society or the government when it comes to gambling activities.

Even kids can gamble nowadays and this things cannot be prevented anymore as kids nowadays are smarter already.
As a parent, we should keep an eye of our children that they will only treasure the positive things on blockchain. I cannot be denied that once
the demand increases in any way, it will be beneficial for us investors due to a positive effect on the price and let's just leave the regulation to the government as that is their job.

[Shinpako09]

Yes it is, who doesn't want this. You can gamble anytime, anywhere as long as you have phone and data connection. Crypto gambling get boom now but crypto gambling will be more successful in the near future. I won't be surprised if there's a lot of gambling websites that will appear soon.

[rickadone]

Anonymity is one of the major characteristics blockchain gambling really has brought into reality and for the fact that people can do their thing in their comfort zones without being traced, makes it pretty easy for them to at least gamble without the fear of being tagged possibly by the society or the government when it comes to gambling activities.

Yes, it really gives you the perspective on what we can really achieve with crypto all around. Right now the crypto is quite filled with either exchanges, miners or casinos. Those are really the top 3 things crypto is known for but take a look at how much they have changed the world.

I know miners were not something big but even companies like AMD and NVIDIA is now focusing on making crypto related products to increase their revenue so even miners are making a change. Exchanges are getting VC funds and starting operations all around the world because of it. Casinos and gambling has been around since day 1 of crypto.

We have managed to turned casino work into provably fair so  that players can gamble whenever they want wherever they want with just one click and know that the place they are gambling are not out to scam them because you can check it by provably fair.

[darkangel11]

Playing with the crypto is more profitable than playing with the usual currency.

I don’t think so because I have never seen a person that make money in gambling. All gamblers finally lose all their money and even go in debts. This is the nature of gambling that you cannot win a lot of money continuously. For me cryptocurrency is for making money and gambling is for losing money. Both are opposite of each other.

Money is money and I'd argue that betting with cryptocurrency is even less profitable than using fiat for the same thing. With cryptocurrency you have high chance of doubling the money when the bull market finally comes. If you spend it all on gambling you'll lose chance for potential investment profit.

[zupdawg]

Yes it is, who doesn't want this. You can gamble anytime, anywhere as long as you have phone and data connection. Crypto gambling get boom now but crypto gambling will be more successful in the near future. I won't be surprised if there's a lot of gambling websites that will appear soon.

Well, not all people in the world wants to gamble, atleast less than half of the people I know likes to gamble specially in the crypto world where I believe only few people still likes to gamble. I myself already stopped playing gambling so minus one for that case

[shursight]

Of course, and there are a bunch of bitcoin casinos that are extremely fast and reliable to their customers, it gets easier for people younger than 18 yo, too.

That is one of the reasons of why there is too much money in here, around us.

Casinos are getting richer everyday, but the same applies to bitcoin casinos.

[wxa7115]

I think the crypto market now seems to be more suitable for gambling than for normal life, as it seems to solve a lot of things like fast, convenient, anonymous and easy to dodge. the law.
Are you saying yes and no?

Cryptocurrencies found in the gambling industry a perfect partner, many of those that like to gamble have been looking for something like bitcoin for some time, bitcoin allows you to gamble anonymously because you do not have to give your information to a casino and casinos love bitcoin because they do not have to deal with banks and their regulations, this means that both players and casinos get something out of bitcoin that they had been looking for.

This is why besides exchanges one of the industries that is growing the fastest in the market of cryptocurrencies is the gambling industry and that growth is probably going to continue for a long time as more people become aware of cryptocurrencies.

[Don_Leonardo]

I think the crypto market now seems to be more suitable for gambling than for normal life, as it seems to solve a lot of things like fast, convenient, anonymous and easy to dodge. the law.
Are you saying yes and no?

I think that crypto is a real gambling these days. Several days ago MGO was 66 on coinmarketcap while btc and eth were falling

[maydna]

We will see new gambler will come to the gambling website because they don't have any problem to start gamble and they don't have to send any documents to become verified members. It will give them the freedom to play gambling without any restriction like what they've got in the real casino, and I think they will prefer to playing online gambling than traditional gambling. Besides that, they can use android phone to start to play the game, and they can play in everywhere they want as long as the internet connection is available.

[MFahad]

"Winning" is not the right approach in gambling at all. If you are betting to make money thats bad, winning is a lot more important in a sense that not in money but just getting more greens than reds. Thats why I either play with %50 or higher chance of winning on dice. I rather see myself win 100 times before losing once and still not be profiting because of the odds. Thats what you should focus on instead of making money. Same goes with crypto trading as well.

I like your approach in gambling but same cannot be applied to crypto trading. Trading is entirely different than gambling and it is much more safer i guess. 
Leverage trading can be linked with gambling as we have to predict whether the price of bitcoin will go up or down.

[Ridwan Fauzi]

Yes it is, who doesn't want this. You can gamble anytime, anywhere as long as you have phone and data connection. Crypto gambling get boom now but crypto gambling will be more successful in the near future. I won't be surprised if there's a lot of gambling websites that will appear soon.

In a technology creation even though most people consider a failure then there you will find a place that can growth with that technology. Cryptocurrency is very compatible with the online gambling industry, the first one that is highly considered is anynomous for every user, this can trick every government that prohibits gambling in its country and with cryptocurrency they can pass it easily.