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Author Topic: gambling in the crypto market  (Read 1474 times)
iMark
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December 11, 2018, 11:29:58 AM
 #221

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.
Yeah actually it can be a negative and positive effect in my opinion, how easy is someone to gamble without any prohibition from anyone because it is easy for someone to find gambling sites on the internet that use crypto payments, but that can also be a bad thing, because anyone including kids will gamble easily? people will increasingly become addicts because of the ease of gambling?
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December 12, 2018, 06:40:06 PM
 #222

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

I believe so, some people gamble in crypto with all they have. It is risky, but it is highly paying. However, the risk is too high that you can even lose everything you have. Cryptocurrency created a good opportunity to people to earn.
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December 13, 2018, 06:39:04 AM
 #223

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.
Yeah actually it can be a negative and positive effect in my opinion, how easy is someone to gamble without any prohibition from anyone because it is easy for someone to find gambling sites on the internet that use crypto payments, but that can also be a bad thing, because anyone including kids will gamble easily? people will increasingly become addicts because of the ease of gambling?

I don't think its that easy that anyone can easily acquire Crypto and then gamble with it and become addicted, especially kids.

For one, even though Bitcoin is well known and very popular especially since 2017, its still very difficult for the average user to buy it. People go to bitcoin ATMs locally and they actually have no idea how to even get these bitcoins, they think they are suppose to get something physical like paper money (happened to me last time I saw a confused person at the bitcoin ATM)

With kids its even harder since they can't use an exchange like Coinbase and even if they use an bitcoin ATM, they need to have money first and most kids have little money.

Most people need some general computing knowledge to be able to buy bitcoin and use it, especially on a gambling site. There are ways easier ways to gamble like with the Lotto or Scratch-off tickets.
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December 13, 2018, 12:22:19 PM
 #224

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
Gambling in crypto is more accessible and reliable than actual or real life gambling,because even in your bathroom you can play and bet and may have opportunity to win(also Lose) not like real life gambling taht you need to go in casino or some other places that offer the game you wanted to play with
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December 13, 2018, 02:16:59 PM
 #225

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

Gambling in crypto market is the only way now to survive to a loser people whoonly hopes in crypto which is super  down market now.We lose hope but we  hope to survive in gambling now.
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December 13, 2018, 03:56:52 PM
 #226

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

Gambling in crypto market is the only way now to survive to a loser people whoonly hopes in crypto which is super  down market now.We lose hope but we  hope to survive in gambling now.

I am sure that many of us still have hope in the cryptocurrency market and some of them don't gamble by buying the coins without doing research or analyze the coins. But I agree that many of them that lose their hope and selling their assets because they can not hold any longer and they need the money. I wouldn't say that trading in the crypto market is the same as gambling as long as we can decide in what price we want to buy and sell and how much we need to take the profit.

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December 15, 2018, 11:23:03 AM
 #227

Gambling in crypto is more accessible and reliable than actual or real life gambling,because even in your bathroom you can play and bet and may have opportunity to win(also Lose) not like real life gambling taht you need to go in casino or some other places that offer the game you wanted to play with
In the bathroom? Come on. How can one find time to play casino games in a bathroom unless of course they are living in the bathroom totally. I mean I get your point but that is a horrible comparison. I have heard people sing and dance in bathroom but using an electronic device in a bathroom generally pertain so some "other" stuff and not gambling. Grin Grin

Gambling in crypto market is the only way now to survive to a loser people whoonly hopes in crypto which is super  down market now.We lose hope but we  hope to survive in gambling now.
I wonder how much you actually understood the topic before you commented  or you are just blabbering away because you need to your post count done. Roll Eyes Gambling on the market is same as any luck based games. The easy way to predict that its going down when its bearish.

 
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December 15, 2018, 11:40:45 AM
 #228

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

Gambling in crypto market is the only way now to survive to a loser people whoonly hopes in crypto which is super  down market now.We lose hope but we  hope to survive in gambling now.

Gambling is not a great alternative for the dumping of the cryptocurrency market to be honest. I don't suggest it to be an alternative for that, better invest on other stocks in the market since there are other things that will generate a profit for you. Avoid gambling that much as not all of the people can afford to gamble.

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December 15, 2018, 01:48:24 PM
 #229

"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.

Trading and gambling are two different things and cannot be mixed. Many things in gambling are luck based but in trading you need to have good knowledge about many things which can help you to trade more effectively and efficiently. This can be even full time work .

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December 19, 2018, 12:02:01 PM
 #230

Trading and gambling are two different things and cannot be mixed. Many things in gambling are luck based but in trading you need to have good knowledge about many things which can help you to trade more effectively and efficiently. This can be even full time work .
You nailed it correctly, if people think that trading and gambling is just the same then it means they don't understand trading or the trait trading lightly or just a short term activity. Both have the risk but in trading you can minimize the risk if you have an improving skills but in gambling, you cannot trust your luck to minimize the risk, that's the big difference IMO.

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February 16, 2019, 09:32:03 AM
 #231

Ofcourse, it does not. There are some disadvantages though. ..the most important one is anonymity would make it possible for under age kids to have easy access to crypto based online gambling.
Unfortunately, the Internet has made the age verification thing almost impossible.

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February 16, 2019, 03:47:43 PM
 #232

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.
in this field there is lot of development will improved by the development of gambling with Crypto so I definitely trust it can be more important for the future development and I also trust is creation will need to improve more higher.
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February 16, 2019, 04:34:19 PM
 #233

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
There will be a lots of improvement in recent period of time will happen for gambling this is because of this situation will not suitable for any other investment or trading will not be profitable at this moment so people will searching something better than that so gambling will be there right way for them then only it will develop a huge in a little time.

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February 16, 2019, 05:16:56 PM
 #234


is much easier, comfortable and anonymous to bet from home through the crypto and maybe even faster,best way to preserve the privacy for me, is the winning combination gambling + crypto...

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February 16, 2019, 07:17:04 PM
 #235

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
in world period the gambling will differently played from all places and it depends upon the situation but when online gambling will came to play a important role in gambling especially Crypto gambling will definitely changing all this things and made all the cameras into single room it will be a most development seen by me in short span of time.
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February 17, 2019, 04:31:51 AM
 #236


is much easier, comfortable and anonymous to bet from home through the crypto and maybe even faster,best way to preserve the privacy for me, is the winning combination gambling + crypto...

Right, we can play gambling from home, and we don't have to go to the casino which we are difficult to find in our city. Gambling in the crypto market will grow in the future since people can find many benefits of using crypto. I guess that people now want to search a simple way to play gambling and with crypto, they would not have any problem at all. Their privacy will be safe too as long as they don't send any document into a gambling site. And I think from now on, and the traditional gambling business will turn into an online gambling business.

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JohnBitCo
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February 17, 2019, 04:52:29 AM
 #237

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.

Apart of anonymous factor, I think bitcoin has also made gambling a lot more accessible as compared to the past. Bitcoin has really given a boost to the gambling industry as now everyone can gamble online by using bitcoins and altcoins. There is no age restriction left neither there is any requirement of making a credit card first for online gambling.
Botnake
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February 17, 2019, 05:28:00 AM
 #238

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.

Apart of anonymous factor, I think bitcoin has also made gambling a lot more accessible as compared to the past. Bitcoin has really given a boost to the gambling industry as now everyone can gamble online by using bitcoins and altcoins.
It's fast and easy to access and people love that experience compared to a traditional casino, the reason crypto gambling is growing.



There is no age restriction left neither there is any requirement of making a credit card first for online gambling.

There is always a restriction, some sites I've visited will pop up some information saying "must be 18+" but that is a weak
control, anyone can fake their age when there is no KYC, so with that, they have a wide market.

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playboy654
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February 17, 2019, 02:38:26 PM
 #239

Definitely a lots of risk are involved in Crypto gambling in the beginning time gambling was in normal state but when Technology develops gambling involved in all kind of fields and crypto gambling will improve a lot more than before in quicktime so it will had both positive and negative equally.

omonuyak
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February 17, 2019, 07:45:27 PM
 #240

Gambling industry is growing  since the advent of cryptocurrencies and blockchain technology in particular!  I have seeing alot of innovations and advancement in gambling  industry since the beginning of cryptocurrencies and I think it is a nice development.
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