What cryptocurrency would you engage to gamble in?

[adaseb]

Oh yeah its definitely  bitcoin is what we should focus on. Its starting to be accepted and supported pretty much everywhere at a high rate. Yesterday you couldnt do anything, today you can check out at cafe with btc or play some good casino games here. Great coin with many technological advantages over fiat, why not use it?.

Right.I also see bitcoin has really a bright future in gambling.It's still the most popular and the most trusted coin when it comes to cryptocurrencies.But still in my own country,bitcoin is still not accepted as a form of payment so i still gamble using fiat.Hopefully there will be casinos who will accept bitcoin already in my own country as this will give me more profit compared to fiat being use in gambling.

if there is a prohibition on gambling, then you use fiat to gamble is very risky dude, my dad was jailed for gambling. I think gambling online using Crypto or Bitcoin will be much better and certainly private, that is a special thing, isnt it ? you can gamble without anyone knowing you're gambling..

Yes, I agree. I think using cryptocurrency for the bets will be the right choice because we can hide in somewhere we want especially if there is a regulation about gambling in your country. Even if there is a casino that allowing us to use fiat as bets, I still prefer with cryptocurrency because I don't have to get any trouble and the best is I can play the online gambling in everywhere. Perhaps, in the future, there is a casino that will allow us to use bitcoin or altcoin for the bets so it will make us easy to play the games and we can hide our identity when we are playing gambling.

Yeah I think we have found the point that most users certainly prefer to use crypto to gamble because of anonymity, and the question is conical, what coin is suitable for gambling? maybe other than bitcoin ?

So far, I use dogecoin, reddcoin, and litecoin than bitcoin although in my first time I use bitcoin, now I prefer to use altcoin as the bets. The altcoin price now is not too high depends on bitcoin price, and we can use for example 0.01 btc to buy dogecoin, and I am sure that we can get much of dogecoin or reddcoin. Besides that, I think the gambling sites will use altcoin too so their member can deposit and withdraw if they are winning and the fee of the transaction for the altcoin is not too big.

Dogecoin is a horrible alt to use for gambling. Besides the very low transaction fee which is pretty much 0. There are no other pros.

For one, if you don't own Dogecoin you need to buy it first. And since its less than 100 Sats and most exchanges are only 8 digits, it means you lose over 1% alone on the spread.

Two, the currency is very manipulated just by looking at the charts. So depending on when you buy it , you might buy at the top of a pump and be bag holding it for 6 months+.

So right now with the empty bitcoin transaction orderbook, it makes no sense to use Dogecoin.

[swogerino]

I would engage mostly in bitcoin but also in new cryptocurrencies that can easily be mined but I know that many casinos don't accept such coins. I know that sportsbet.io accepts tons of different altcoins through the shapeshift interface they have incorporated so it is one step forward to accepting more coins than other casinos.

[Janation]

I would engage mostly in bitcoin but also in new cryptocurrencies that can easily be mined but I know that many casinos don't accept such coins. I know that sportsbet.io accepts tons of different altcoins through the shapeshift interface they have incorporated so it is one step forward to accepting more coins than other casinos.

There are a lot of other not that expensive cryptocurrency you can use to gamble.

With the popularity of Bitcoin being used in gambling industry, a lot of gambling sites decided to open up their site to new cryptocurrencies available in the market. Ethereum, Litecoin, Dogecoin and other cryptos are now accepted in lot of gambling sites. I wonder if more cryptos will be accepted but I think it will since the popularity of cryptos are increasing annualy.

[davinchi]

I would engage mostly in bitcoin but also in new cryptocurrencies that can easily be mined but I know that many casinos don't accept such coins.

What is the advantage of gambling in a new cryptocurrency which is mined easily ? I do not get your point. When a coin is easily obtainable, what will be the use of it even in the case of you are multiplying your bankroll into 1000x times. You will earn nothing out of nothing, right ? The level we take risks, the reward also will be up to that level. This is the point where new crytpos are seeming like worth nothing.

I know that sportsbet.io accepts tons of different altcoins through the shapeshift interface they have incorporated so it is one step forward to accepting more coins than other casinos.

What is the point when all the coins are mapped into bitcoin for value calculations.I understand "what concurrency" is the question for gamblers who are finding entertainment and definitely not for money seeking gambling. Because, only for entertainment seeking gamblers, different coins will provide the same level of fun but for relatively cheaper prices compared to gambling with bitcoins. Finally I got the point of this discussion .

[sweetbet]

I wouldn't gamble using BTC because it might take up to an hour for confirmation. I would prefer something that's much faster such as XRP or DGB.

[imstillthebest]

I wouldn't gamble using BTC because it might take up to an hour for confirmation. I would prefer something that's much faster such as XRP or DGB.

some gambling sites nowadays offers instant deposits with zero confirmation at all and i guess even if you use btc , the process can go faster but you must also be aware that btc transaction is dependent on the fee that you put in   .   the higher the fee is equals to faster transacting time   and i belive this is also applicable to altcoins    , therfor you cant trully say that altcoins is more faster than in btc  .

in my case i will use btc in crypto gambling because this is the only one i got  but if ever the site accepts other payment methods such as paypal or cc's  , why not  ?

[goaldigger]

Altcoins can sure be used as a medium for betting but id rather choose bitcoin and stick to it. Not only because i am used playing games with it, i have much fund put inside my BTC wallet rather than any other altcoins. I am not closed about using alts but maybe later if i feel so using it.

[fullhdpixel]

I wouldn't gamble using BTC because it might take up to an hour for confirmation. I would prefer something that's much faster such as XRP or DGB.

some gambling sites nowadays offers instant deposits with zero confirmation at all and i guess even if you use btc , the process can go faster but you must also be aware that btc transaction is dependent on the fee that you put in   .   the higher the fee is equals to faster transacting time   and i belive this is also applicable to altcoins    , therfor you cant trully say that altcoins is more faster than in btc  .

in my case i will use btc in crypto gambling because this is the only one i got  but if ever the site accepts other payment methods such as paypal or cc's  , why not  ?

Which gambling site is accepting bitcoin deposits with zero confirmation ? It is a news for me because as far as I have learned accepting bitcoin deposits with the no confirmations will lead to disasters later on as double spending will lead to bankruptcy of that gambling house.  I'm really curious to know which gambling site is doing so.

Even bitcoin transactions are taking up to 10 minutes of time for first confirmation, I'm always preferring to gamble with bitcoin alone because I got practiced my gambling with BTC values alone and no other crypto coins are not giving similar excitement from my gambling.

[FlightyPouch]

I wouldn't gamble using BTC because it might take up to an hour for confirmation. I would prefer something that's much faster such as XRP or DGB.

I would also do the same and on the other hand, the price of Bitcoin these days is low. We don't know whether it will make a leap or dive more underground but I'd rather hold my Bitcoins for now instead of gambling them. The price might go up and my BTCs might make more profit in that way rather than on waging or betting them on gambling.

[crzy]

Altcoins can sure be used as a medium for betting but id rather choose bitcoin and stick to it. Not only because i am used playing games with it, i have much fund put inside my BTC wallet rather than any other altcoins. I am not closed about using alts but maybe later if i feel so using it.

I’m also used to gamble with my bitcoin because that is the cryptcurrency that I always receive from my work and I think its more convenient to use since most of the gambling sites or all of the gambling sites accept bitcoin as mode of money. Though its too risky to use bitcoin in gambling because it looks like a very expensive coin to use for gambling and its hard to lose that coin or your wallet so better to balance the coins that you are using.

[Yatsan]

Probably it would be Bitcoin in which I won't be scared to use in gambling. Bitcoin is a well secured crypto system for years already so it would be assured to be safe from anomalies. Although gambling sites these days are using multiple cryptos as their mode of payment such as ethereum, litecoin , and the likes. Some people on the other hand won't choose to engage themselves into cryptogambling, simply because of the negative market behavior in cryptos. They would rather choose to wait for another year until the market starts to recover. But in my case, I would choose to enjoy my excess investments than to just sit and wait for miracles. Also, I am really into gambling even before, so I am not seeing anything wrong with this.

[quitstem01]

Probably it would be Bitcoin in which I won't be scared to use in gambling. Bitcoin is a well secured crypto system for years already so it would be assured to be safe from anomalies. Although gambling sites these days are using multiple cryptos as their mode of payment such as ethereum, litecoin , and the likes. Some people on the other hand won't choose to engage themselves into cryptogambling, simply because of the negative market behavior in cryptos. They would rather choose to wait for another year until the market starts to recover. But in my case, I would choose to enjoy my excess investments than to just sit and wait for miracles. Also, I am really into gambling even before, so I am not seeing anything wrong with this.

Do you know a gambling site in which it primarily uses Bitcoin as its mode of payment on every deposits and withdrawals?

[Yatsan]

Probably it would be Bitcoin in which I won't be scared to use in gambling. Bitcoin is a well secured crypto system for years already so it would be assured to be safe from anomalies. Although gambling sites these days are using multiple cryptos as their mode of payment such as ethereum, litecoin , and the likes. Some people on the other hand won't choose to engage themselves into cryptogambling, simply because of the negative market behavior in cryptos. They would rather choose to wait for another year until the market starts to recover. But in my case, I would choose to enjoy my excess investments than to just sit and wait for miracles. Also, I am really into gambling even before, so I am not seeing anything wrong with this.

Do you know a gambling site in which it primarily uses Bitcoin as its mode of payment on every deposits and withdrawals?

Try checking this one out. Bitcoin is the main mode of payment in this gambling site due to its reputation in the crypto market.

[iMark]

I wouldn't gamble using BTC because it might take up to an hour for confirmation. I would prefer something that's much faster such as XRP or DGB.

some gambling sites nowadays offers instant deposits with zero confirmation at all and i guess even if you use btc , the process can go faster but you must also be aware that btc transaction is dependent on the fee that you put in   .   the higher the fee is equals to faster transacting time   and i belive this is also applicable to altcoins    , therfor you cant trully say that altcoins is more faster than in btc  .

in my case i will use btc in crypto gambling because this is the only one i got  but if ever the site accepts other payment methods such as paypal or cc's  , why not  ?

Yes Indeed, but of course the site will wait for the confirmation process to complete if you want to withdraw. You will not be able to withdraw if your deposit has not been confirmed yet. I myself use altcoin also to gamble because it is cheaper, and confirmation is faster

[Polar91]

So what do you think? What cryptocurrency should be recognized and should be gambled with?

XRP and ETH. It's because they are next to BTC and  it's not hard to convert it into fiat money since most of local exchange are now accepting these two cryptocurrency to be converted into fiat currency vice versa.

[NavI_027]

Dogecoin! The meme coin should be recognized by the world that its not just a meme but it's title should be changed into a gambling coin. It has cheap fee and fast though.

It seems that your standards when it comes to crypto is too high because for me doge is not a shitcoin at all since it once become one of the leading coins going back those old days (including litecoin and eth). In fact, doge achieved a significant boom on the last quarter of 2018 so we can say that this coin is not a total mess at all. I still considered this as a good alt because it already gained lot of adapters and was already used as a form of payment especially in gambling sites like what you've said.

[FlightyPouch]

I wouldn't gamble using BTC because it might take up to an hour for confirmation. I would prefer something that's much faster such as XRP or DGB.

I agree with it though I don't really transact my crypto currencies on gambling sites, it is more efficient to use or gamble with cryptos that are more faster to transact as we can enjoy our time from gambling.

[Thanasis]

So what do you think? What cryptocurrency should be recognized and should be gambled with?

XRP and ETH. It's because they are next to BTC and  it's not hard to convert it into fiat money since most of local exchange are now accepting these two cryptocurrency to be converted into fiat currency vice versa.

But there are not much gambling sites accepting XRP,so if your intention is to convert into fiat straight away then you can just play with bitcoin itself.

[Oceat]

So what do you think? What cryptocurrency should be recognized and should be gambled with?

XRP and ETH. It's because they are next to BTC and  it's not hard to convert it into fiat money since most of local exchange are now accepting these two cryptocurrency to be converted into fiat currency vice versa.

But there are not much gambling sites accepting XRP,so if your intention is to convert into fiat straight away then you can just play with bitcoin itself.

Why stick on finding the difficult one when you can actually find a new one that offers not just XRP but most top altcoins. If finding an exchange that would change it to fiat, why not use shiftshape instead? It is more effective than finding exchanges that would convert your altcoins to fiat.

[Ucy]

My favorite cryptocurrency for gambling has to be fast. Maybe the low volume coins would probably serve this purpose better.
 There are quite a few safe and worthy cryptocurrencies aside Bitcoin, such as EOS, Wave, Bitcoin (via lightning network), dogecoin