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Author Topic: gambling in the crypto market  (Read 1475 times)
ethereumhunter
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July 01, 2018, 07:50:53 AM
 #141

maybe yes and maybe not. I think it depends on each person on how that person wants from the crypto and his purposes to join with the crypto. and if he only wants to use crypto for gambling then he can go with that. but I think there are other people that want to use crypto for making a better life so they can try to make money from the crypto.
Gambling in crypto is increasing day by day because the sites provide the facility to use bitcoin for gambling. It is a fact that cryptocurrency increased online gambling. Before crypto nobody gambled online because of the payment problems. Now payments are easy due to crypto wallets. You are right that crypto is for better future and not for online gambling.


I am sure that many people will realize that crypto is existed to makes our life better and they don't have to play gambling with crypto. with crypto, people can play gambling online without deposit their own money and they can use a various coin to gamble. and with crypto, people can make their life better. so I think let people decide what they want to do with their crypto.

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July 01, 2018, 08:04:07 PM
 #142

Crypto casinos are the new in thing. You can choose to be under the radar as much as you like. Of you hit a big win YOU have the choice of whether you want to pay taxes on it or not. They are quick easy to use and most are instant withdraws. You can on most choose crypto or fiat when you cash out.

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July 03, 2018, 02:31:55 PM
 #143

I am sure that many people will realize that crypto is existed to makes our life better and they don't have to play gambling with crypto. with crypto, people can play gambling online without deposit their own money and they can use a various coin to gamble. and with crypto, people can make their life better. so I think let people decide what they want to do with their crypto.
True but they need to be taught about the bad things of life associated with gambling. There are people who get addicted and keep on playing more and more wasting their own or their parents hard earned money. Now its the same in crypto. Even if they may think of saving up coins for future they may give in to their addiction to waste those saved coins.

Crypto casinos are the new in thing.
You must be very late to the scene. The first we crypto casinos date way back in 2013.  Smiley

 
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July 03, 2018, 02:37:26 PM
 #144

Where there are the demand, it means that people prefer for it.
Bitcoin gambling become another business opportunity so it's reasonable if some people prefer to gambling with cryptocurrency.
For me personally, I can see that gambling with crypto is easier than fiat !
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July 03, 2018, 07:25:12 PM
 #145

I honestly think that cryptocurrency world made gambling more accessible, hidden and convenient. No doubt that it complements its use. It sure do make a good combination yet I wish for more useful ways to use it.
I do not support gambling at all though I have tried it some few times. I just do not feel like it. I always think about how much work I have put into just to have some amounts in BTCs and I would not like to bet it down and see where it falls in a blink.
 
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July 03, 2018, 09:05:17 PM
 #146

maybe yes and maybe not. I think it depends on each person on how that person wants from the crypto and his purposes to join with the crypto. and if he only wants to use crypto for gambling then he can go with that. but I think there are other people that want to use crypto for making a better life so they can try to make money from the crypto.
Gambling in crypto is increasing day by day because the sites provide the facility to use bitcoin for gambling. It is a fact that cryptocurrency increased online gambling. Before crypto nobody gambled online because of the payment problems. Now payments are easy due to crypto wallets. You are right that crypto is for better future and not for online gambling.


I am sure that many people will realize that crypto is existed to makes our life better and they don't have to play gambling with crypto. with crypto, people can play gambling online without deposit their own money and they can use a various coin to gamble. and with crypto, people can make their life better. so I think let people decide what they want to do with their crypto.

Yeah its a right perceptions about cypto, but I don't think people will be getting their profit if they drown themselves on playing gambling through crypto because of the losing probabilities. Maybe the only ways to describe the advantages they got from gambling is through fun and enjoyment from the game, and if we ask about profit then its only a 20% happiness. Deciding on how crypto will be spent, I think it really up to a person who handled his/her crypto coins because every human has their own mind settings overall finances, no matter what it takes in order to be happy.
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July 03, 2018, 10:33:44 PM
 #147

Crypto casinos are the new in thing. You can choose to be under the radar as much as you like. Of you hit a big win YOU have the choice of whether you want to pay taxes on it or not. They are quick easy to use and most are instant withdraws. You can on most choose crypto or fiat when you cash out.
You are right. Gambling with crypto currencies is more anonymous and convenient for everyone, it is easy to use.
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July 04, 2018, 06:59:20 AM
 #148

How can gambling be beneficial for anyone? All those who have got enough experience in gambling and we call them experts, on quitting their games and this tenure, they always advice not to go near this gambling thing. They better know how badly it is detrimental for anyone who comes near it. They have been victim of it so they don’t want anyone else to be one of such losers.

Its a past time, dont try to take it too serious and it can be beneficial in some ways.    Most people think drinking beer is sensible when its expensive and also costly to your health.    Neither is that terrible in some moderation.
There is some skill with some games of gambling, I dont see its really that negative if not taken as more then a simple distraction.  The problem is when people expect results like its a serious subject for them and also borrow money to gamble is poor, spend what you have spare and its not really such a big deal.

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July 04, 2018, 03:46:10 PM
 #149

I'm saying yes, in this modern days were everything has to be digital. Before internet hasn't recognized and was even highly doubted by the world but look on how important it is today.
Businesses needs to have internet and without which they can fall their sales, I'm comparing it to cryptocurrency that like what others said that crypto is still in early days of internet like before.
But it's not only suitable for gambling, it's suits for everything that requires payment.
Right.Cryptocurrency has a lot of its advantages not only in gambling but also in many aspects.And since everything today would turn into digital,crypto would be so much advantage to all gamblers out there who wish to hide their real identities and makes a more convenient payment system.I'm sure in the coming years crypto will be globally known as number of gamblers continue to increase its population.
The use of cryptocurrency has increased online gambling and now you can gamble easily with your bitcoin wallet. Different sites provide you the facility to use your bitcoin in gambling. I think a wise person will never use his bitcoin in gambling because bitcoin is the future and one should not use his future in gambling. Better not to gamble online and offline as well.

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July 04, 2018, 04:53:52 PM
 #150

Crypto casinos are the new in thing. You can choose to be under the radar as much as you like. Of you hit a big win YOU have the choice of whether you want to pay taxes on it or not. They are quick easy to use and most are instant withdraws. You can on most choose crypto or fiat when you cash out.
You are right. Gambling with crypto currencies is more anonymous and convenient for everyone, it is easy to use.
Can you define what does anonymous actually mean for you, there is nothing known as anonymous in bitcoin gambling if you want to gamble on a casino you have to submit documents if you win big and this same applies for sports betting as well. Only nitrogensports and crypto games are true anonymous casinos and sportsbook
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July 05, 2018, 06:53:07 AM
 #151

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.
There are some benefits for regular gamblers while using their Crypto in gambling. it is easy and convenient but I think that you should not use your cryptocurrency in gambling because gambling is not good it is the way to lose your money while cryptocurrency is your business and you can make more money from Crypto instead of losing in gambling.
How can gambling be beneficial for anyone? All those who have got enough experience in gambling and we call them experts, on quitting their games and this tenure, they always advice not to go near this gambling thing. They better know how badly it is detrimental for anyone who comes near it. They have been victim of it so they don’t want anyone else to be one of such losers.
Yeah this happened so many times. those who are experts and have spent a lot of their lifetime in this gambling, they always say no to gambling anymore once they get to know the reality of this game. And likewise they advices all those who connected with them not to get into this negative game. So at least believe them and get to know this gambling is only the ruining source for you.
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July 05, 2018, 09:19:07 AM
 #152

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

Why Dodge the law when online betting is not considered as illegal? Though online gambling is also not approved by the government as a way you are going to spend your money but they just reminded us not to get too hooked to it because of the risk it has.

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July 05, 2018, 11:09:50 AM
 #153

I think the reason why gambling is so loved in crypto market is the anonymity and the ease of gambling. First of all if I want to go to a casino I will need to hop on a plane and go to another country because my country doesn't allow it.

Also if I want to gamble online my country doesn't allow that neither, I can play it since I can't be tracked but I can't withdraw the earnings to my bank account. However when we talk about crypto gambling I can do it all day and withdraw it to cash and there would be no problem.
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July 05, 2018, 12:38:28 PM
 #154

Crypto casinos are the new in thing. You can choose to be under the radar as much as you like. Of you hit a big win YOU have the choice of whether you want to pay taxes on it or not. They are quick easy to use and most are instant withdraws. You can on most choose crypto or fiat when you cash out.
You are right. Gambling with crypto currencies is more anonymous and convenient for everyone, it is easy to use.

this is why that gambling in the crypto market become famous because people can play in their home without going to the gambling places. they don't need to use their real identity or send their personal identification to join in the casino. this is happening to me too because I feel fine to play gambling in my home and the best thing is I don't have to deposit my own money to start playing the games. it is better to stay anonymous and stay under the radar while we playing gambling.

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July 05, 2018, 03:22:18 PM
 #155

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.

Now the payments and receipts are very easy and comfortable and in seconds with cryptocurrency. If you gamble online you will be provided such facilities that you will compulsive to gamble. And when you start gambling gradually they will take your money and finally they will empty your wallet. They will never let you win the game because this is their business.

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July 08, 2018, 02:38:15 PM
 #156

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.
The answer is absolutely right. Before you get answers about gambling in the crypto market, you should think of the consequences of gambling. Anyway I think with cryptocurrency online gambling has increased and people are using their coins in gambling. One should not use his business in ambling because he will lose two things money and business.

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xIIImaL
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July 08, 2018, 04:09:37 PM
 #157

If you need a circulation has been stable and go good this gambling platform also supporting one way mate. If the gambling is out from the crypto currency mate we may this little more dump in the market mate. Then profit wise gambling is much helpful for the site owners only.

Gambling investors will not have the good for investors and may gambling site owners may win the money all the time as the jackpot is goes for only one person only.
Aleister Crowley
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July 08, 2018, 07:26:04 PM
 #158

how is it not exactly gambling we bet price for those who are trading,.. we guess when we start selling our bitcoin whether the next step the price will rise or the price will go down if our guess is right in selling it because some time the price will come down then we win or arguably we can profit from selling at a price higher than the price when buying.,..
JL421
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July 08, 2018, 07:33:06 PM
 #159

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.
The answer is absolutely right. Before you get answers about gambling in the crypto market, you should think of the consequences of gambling. Anyway I think with cryptocurrency online gambling has increased and people are using their coins in gambling. One should not use his business in ambling because he will lose two things money and business.

It automatic for most people, in past if you wanted to gamble you need to be 21+ so that you could visit a casino, if you visited your society would shame you for being a gambler. For online gambling you needed to verify your name first, then your address and this just made people to disperse from gambling but with crypto regardless of your age address you can gamble anonymously
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July 08, 2018, 11:42:41 PM
 #160

how is it not exactly gambling we bet price for those who are trading,.. we guess when we start selling our bitcoin whether the next step the price will rise or the price will go down if our guess is right in selling it because some time the price will come down then we win or arguably we can profit from selling at a price higher than the price when buying.,..
If we take our profit at earlier stage in crypto market, we might regret the opportunity that your bitcoin has to come with a portential growth that it can achieve further. However fluctuations will happen in such cases the price will not have certain value, it's expected to reach a profitable value without any limits. When you're risking your asset in trading markets, the idea of gambling principles is there but not totally taking all the moneys you have.
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