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Author Topic: gambling in the crypto market  (Read 1409 times)
anntlevel
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June 21, 2018, 11:23:16 AM
Merited by raven7886 (1)
 #101

Yes crypto and gambling are two things that are match together, there are a lot of countries that forbid gambling online so it makes people to difficult to gamble, even some of the online gambling need to submit document and identity, but since the crypto arrived everything is different, with the anonymity, easy withdrawal and deposit and avaliable in every countries, many people can gamble in yheir home comfortably without need to reveal their identity
I agree.Gambling with cryptocurrency will be more observed as years goes by because as cryptocurrency will be more popular,more number of gamblers will be  find it more convenient too to gamble with crypto since their own identities remain anonymous and private unlike gambling with fiat currency.
I am really happy for this statement that crypto would be amazingly growing in future time. This is right as the current facts and figures are just evidencing this scenario. People are loving these amazing creatures and earning from them. They are continuously increasing their finical health and making everyone fantastic in financial terms. So yeah, they would become so supreme later.
It is true and the reality of future as we know that Bitcoin and other coins are increasing in their values or rates due to the demand of people for these valuable and responsive currencies. One can gamble as well as we know that market changes with the passage of time and about its predictions people can gamble.

If the prediction is right then one will win and if not then will lose. Gambling is here on many different stages however it will gain more reputation and popularity in the future.
To observe all this you should never gambled online. Your personal information should not be revealed to any one especially on the internet. If they use your data in illegal activities you can never claim because you have submitted your data for gambling and gambling as you say is forbidden in many countries. It means that the government will never help you.
Yeah, 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.
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June 21, 2018, 11:34:26 AM
 #102

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? Grin Grin
Yes,it is.

Gambling is now become more anonymous and convenient for everyone with the crypto currencies ad even the non gamblers are started to gamble because of crypto currencies and online crypto gambling saves much time and even we can gamble if we are from gambling banned countries.So crypto is a boon to the gambling industry.
in this way, people who can't gamble because in the neighborhood are not allowed to gamble, can gamble online and use crypto as a bet is the most effective way.

I do agree because most of the people who are addictive to it cannot control their feeling but in offline we cannot gamble because of the family but through online we can gamble with the small betting. Every one who are addicted will always look for higher bettings.
like what if when we try to trade bitcoin when we can not wait at the time of sale that we should sell when the high price instead and in the end is not a profit that we can even big loss because gambling equal to luck and at that time we are not lucky.

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June 21, 2018, 12:04:13 PM
 #103

Gambling is a major industry of the crypto market in the past and the same thing continues. Earlier bitcoin hasn't gained much attention from the common people. It was much used by the gamblers. It is the one that helped with the market circulation of bitcoin during those days contributing to the growth. Things changed as people begin to give acceptance as a valuable asset to invest and for various other purposes.
I totally agree i feel like in the early days of bitcoin there was no real ways, there were no investments where you can actually spend the bitcoin that you either mined or got except for gambling and buying things off the dark net, and i think that usage has continued on and got even more popular as its price started going up, and probably if we can make some statistics or start a survey we will probably find a large number of the people would be using bitcoin for gambling , which shows how much gambling has played a big role in the growth of the bitcoin market.
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June 21, 2018, 01:02:47 PM
 #104

Yes crypto and gambling are two things that are match together, there are a lot of countries that forbid gambling online so it makes people to difficult to gamble, even some of the online gambling need to submit document and identity, but since the crypto arrived everything is different, with the anonymity, easy withdrawal and deposit and avaliable in every countries, many people can gamble in yheir home comfortably without need to reveal their identity
I agree.Gambling with cryptocurrency will be more observed as years goes by because as cryptocurrency will be more popular,more number of gamblers will be  find it more convenient too to gamble with crypto since their own identities remain anonymous and private unlike gambling with fiat currency.
I think in today’s world almost all online gamblers use crypto for their gambling, because there is no other currency which can be used in online gambling. Both need internet and when you want to play from your home you will have to use crypto for gambling. Now many traditional casinos also start accepting crypto because they know the importance of crypto.

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June 21, 2018, 02:32:00 PM
 #105

If any of you have already tried crypto casinos, or betting sites, what are the experiences? Which one would you recommend to use?
I recommend no one because there is no authentication of online casinos and many of them are scams. They took investment of innocent people and never paid them. You cannot claim it anywhere because crypto and gambling both are illegal in many countries. Better never gamble in online casino with your crypto.

Your information is a bit outdated. Maybe the situation was like you say several years ago, in the very beginning of crypto casinos, but today you can find established provably fair gambling sites, read reviews on them and decide whether to play there or not. Of course you can question everything, it's your right to do so, but normally if a site has many positive reviews and only a tiny amount of negative ones, it is considered trustworthy.

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June 21, 2018, 05:46:43 PM
 #106

Gambling is a major industry of the crypto market in the past and the same thing continues. Earlier bitcoin hasn't gained much attention from the common people. It was much used by the gamblers. It is the one that helped with the market circulation of bitcoin during those days contributing to the growth. Things changed as people begin to give acceptance as a valuable asset to invest and for various other purposes.
As you said the gambling helped a lot for the growth of the crypto currencies but this also the issue now because many people think that it is for only gambling and many people consider gambling is a not fair thing to do so they are also avoiding the bitcoin.But those people need to understand that what is crypto currency then only they can differentiate from crypto currency and the gambling.









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June 21, 2018, 09:31:34 PM
 #107

If any of you have already tried crypto casinos, or betting sites, what are the experiences? Which one would you recommend to use?
I would not have recommended you any site even if I have gambled there because I don’t want to destroy someone’s life by giving wrong opinion. Instead of that I would have done his counseling by saying that don’t ever think to go for gambling because it will destroy your life as well as the people are related to you directly or indirectly.
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June 22, 2018, 12:31:48 AM
 #108

If any of you have already tried crypto casinos, or betting sites, what are the experiences? Which one would you recommend to use?
I would not have recommended you any site even if I have gambled there because I don’t want to destroy someone’s life by giving wrong opinion. Instead of that I would have done his counseling by saying that don’t ever think to go for gambling because it will destroy your life as well as the people are related to you directly or indirectly.
A true message from a gambler, well its true that advising people where to gamble is quiet not good because you might put that person on the wrong place. There's a lot of trusted crypto casinos online, but of course the risk will always be there and as like what you said your life will be broke if you don't know how to control yourself, think again if you really want to gamble, be ready for the result.
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June 22, 2018, 12:33:03 AM
 #109

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? Grin Grin


safe gambling where you never loose 100% of your money... Grin Grin Grin Grin
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June 22, 2018, 05:00:48 AM
 #110

If any of you have already tried crypto casinos, or betting sites, what are the experiences? Which one would you recommend to use?
I recommend no one because there is no authentication of online casinos and many of them are scams. They took investment of innocent people and never paid them. You cannot claim it anywhere because crypto and gambling both are illegal in many countries. Better never gamble in online casino with your crypto.

Your information is a bit outdated. Maybe the situation was like you say several years ago, in the very beginning of crypto casinos, but today you can find established provably fair gambling sites, read reviews on them and decide whether to play there or not. Of course you can question everything, it's your right to do so, but normally if a site has many positive reviews and only a tiny amount of negative ones, it is considered trustworthy.

List of TOP 20 Sportsbooks that accept Cryptocurrency can find here: http://100bookies.com/sportsbooks-that-accept-cryptocurrency-eng/

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June 22, 2018, 06:48:17 AM
 #111

Gambling is a major industry of the crypto market in the past and the same thing continues. Earlier bitcoin hasn't gained much attention from the common people. It was much used by the gamblers. It is the one that helped with the market circulation of bitcoin during those days contributing to the growth. Things changed as people begin to give acceptance as a valuable asset to invest and for various other purposes.
I totally agree i feel like in the early days of bitcoin there was no real ways, there were no investments where you can actually spend the bitcoin that you either mined or got except for gambling and buying things off the dark net, and i think that usage has continued on and got even more popular as its price started going up, and probably if we can make some statistics or start a survey we will probably find a large number of the people would be using bitcoin for gambling , which shows how much gambling has played a big role in the growth of the bitcoin market.
Yeah gambling is a very big industry and in one time the second richest person on the earth was the owner of many casinos. With the introduction of cryptocurrency the use of online gambling has very increased and now many crypto investors use their crypto in online gambling. Everyone wants short cut for earning high profits but the result is different from their expectations and they lose all their money
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June 22, 2018, 07:49:30 AM
 #112

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? Grin Grin
Yes,it is.

Gambling is now become more anonymous and convenient for everyone with the crypto currencies ad even the non gamblers are started to gamble because of crypto currencies and online crypto gambling saves much time and even we can gamble if we are from gambling banned countries.So crypto is a boon to the gambling industry.
in this way, people who can't gamble because in the neighborhood are not allowed to gamble, can gamble online and use crypto as a bet is the most effective way.

I do agree because most of the people who are addictive to it cannot control their feeling but in offline we cannot gamble because of the family but through online we can gamble with the small betting. Every one who are addicted will always look for higher bettings.
like what if when we try to trade bitcoin when we can not wait at the time of sale that we should sell when the high price instead and in the end is not a profit that we can even big loss because gambling equal to luck and at that time we are not lucky.
There are some other aspects to be taken in account for selling a bitcoin. That isn’t just dependable on luck. Although there is an impact of luck out there but mostly this is off the scene. So your skill and experience will be helping you to draw a best line for best characteristics as a trader. Don’t rely on gambling for moony earning and don’t just let it control you.

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June 22, 2018, 09:45:19 AM
 #113

Yeah gambling is a very big industry and in one time the second richest person on the earth was the owner of many casinos.
Gambling is a big industry not the biggest in the world.

Quote
With the introduction of cryptocurrency the use of online gambling has very increased and now many crypto investors use their crypto in online gambling.
I dont think you realize the difficulties that cryptocurrencies bring to gambling as well. They were never meant to be gambled with - although since they are considered as a type of money hence people can use them accordingly.

Quote
Everyone wants short cut for earning high profits but the result is different from their expectations and they lose all their money
This is true in every method of earning. Be it trading, mining or gambling. Some people just dont understand that there is no method to get-rich-quick. They should not even think about becoming rich simply by gambling because its all based on luck.

R


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June 22, 2018, 11:49:12 AM
 #114

Yeah gambling is a very big industry and in one time the second richest person on the earth was the owner of many casinos.
Gambling is a big industry not the biggest in the world.

Quote
With the introduction of cryptocurrency the use of online gambling has very increased and now many crypto investors use their crypto in online gambling.
I dont think you realize the difficulties that cryptocurrencies bring to gambling as well. They were never meant to be gambled with - although since they are considered as a type of money hence people can use them accordingly.

Quote
Everyone wants short cut for earning high profits but the result is different from their expectations and they lose all their money
This is true in every method of earning. Be it trading, mining or gambling. Some people just dont understand that there is no method to get-rich-quick. They should not even think about becoming rich simply by gambling because its all based on luck.

Gambling sites have their scripts, you can deposit fiat or crypto, but in the end you play with chips, value of chip is determined by casino.
You are wrong when you say that everything is based on luck. Gambling isn't one game and one strategy with always same bankroll. You have many gambling games, each game has its own rules.
For example 90% of the hands in poker a won without showing hands, that means simply that you can win even with weak cards in your hand, skill and luck in poker are needed for win, with just one you are doomed. Without skills and knowledge about gambling games you will always lose money on every game, you can blame luck or rigged games, but reality is that you don't know how to play the game and that's why you lost money.

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June 22, 2018, 05:32:39 PM
 #115

Gambling is a major industry of the crypto market in the past and the same thing continues. Earlier bitcoin hasn't gained much attention from the common people. It was much used by the gamblers. It is the one that helped with the market circulation of bitcoin during those days contributing to the growth. Things changed as people begin to give acceptance as a valuable asset to invest and for various other purposes.
I totally agree i feel like in the early days of bitcoin there was no real ways, there were no investments where you can actually spend the bitcoin that you either mined or got except for gambling and buying things off the dark net, and i think that usage has continued on and got even more popular as its price started going up, and probably if we can make some statistics or start a survey we will probably find a large number of the people would be using bitcoin for gambling , which shows how much gambling has played a big role in the growth of the bitcoin market.
That which you mentioned actually made gambling to become extremely popular. Back then, people felt they really had nothing to lose until now that what they have gambled and lost is worth millions of dollars but back then, it really was nothing.
Gambling then became one of the easiest ways to try to do your thing, win some extra in the process, a way to even stay off the government radar for some, and still in a way brought about some awareness for the crypto space among gamblers.
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June 23, 2018, 08:07:19 AM
 #116

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? Grin Grin


safe gambling where you never loose 100% of your money... Grin Grin Grin Grin
It must be the biggest joke of century or even this world life. Brother where are you living? Really? I mean really? Don’t you know the circumstances in gambling? Aren’t you aware of the consequences of this gambling once a gambler gets into this harmful game? Don’t you know how many lives have been ruined with this gambling? Get yourself a read about all such questions.
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June 23, 2018, 08:12:17 AM
 #117

I personall believe so, and plus you can win 10 to 20k usd, and (if you choose) you do not have to file taxes if you wish. I really like the fast convienience and anonymity.  My favorite part is I can 5 times, then btc pump and I 3 to 5 times again. When you gamble with btc you win twice!!!
Yeah, it is obvious that everyone loves convenience and since payment of winnings does not involve the bank which makes it anonymous as your identity is not in any way revealed, then it makes it so interesting for those who have been gambling before now and those who have been looking to check how gambling can be for them. This has caused an increase in growth in gambling world as well as increase in addicts as well anyway.
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June 23, 2018, 09:49:27 AM
 #118

If any of you have already tried crypto casinos, or betting sites, what are the experiences? Which one would you recommend to use?
I recommend no one because there is no authentication of online casinos and many of them are scams. They took investment of innocent people and never paid them. You cannot claim it anywhere because crypto and gambling both are illegal in many countries. Better never gamble in online casino with your crypto.

Your information is a bit outdated. Maybe the situation was like you say several years ago, in the very beginning of crypto casinos, but today you can find established provably fair gambling sites, read reviews on them and decide whether to play there or not. Of course you can question everything, it's your right to do so, but normally if a site has many positive reviews and only a tiny amount of negative ones, it is considered trustworthy.

List of TOP 20 Sportsbooks that accept Cryptocurrency can find here: http://100bookies.com/sportsbooks-that-accept-cryptocurrency-eng/


Right, and there are other similar places where you can find various lists of crypto betting sites. For those who are going to do their research I suggest to check out these two: cryptoclarified.com and alexa.com, this page on alexa namely : https://www.alexa.com/topsites/category/Science/Social_Sciences/Economics/Financial_Economics/ Currency_and_Money/Alternative_Monetary_Systems/Cryptocurrencies/Bitcoin/Services/Gambling . (Please remove the white-space before Currency_and_Money ).

Always try to analyze at least several sources of information while doing your research because the info from one place only can be significantly biased.

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BlackPanda
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June 23, 2018, 10:21:20 AM
 #119

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? Grin Grin
That can be said as something quite right. It is at this time that the majority of crypto users use it to invest and play gambling. The rest of the crypto users who use crypto as currency can be said is still very little. Gambling is one sector that has a very large transaction volume, especially currently being held football party FIFA WORLD CUP in Russia. This certainly increases the number of crypto transactions and we can see a lot of gambling houses that have many users.
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June 23, 2018, 11:17:16 AM
 #120

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? Grin Grin
it really seems like the market price here can be at stake how much according to the wishes of big investors who do have a very big investment on crypto so they can manipulate the price as they want because the price depends on the volality.
that's true we do not know when prices are going down and we do not know when prices go up all in all luck maybe because this crypto trade is almost synonymous with gambling.
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