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Author Topic: What cryptocurrency would you engage to gamble in?  (Read 2242 times)
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November 04, 2018, 09:25:34 PM
 #81

I wonder if there will be a casino where you can change your coins to other coins, kinda like inside exchange. I am not too sure how withdrawal would work with but if one casino had like 10+ coins under it and whatever you deposited you can exchange it to another coin to gamble on the casino and than if you win you can withdraw whatever you want can make a casino become a really wanted casino with high wagered amount pretty quickly.

Even if people use it for withdrawals and deposits like a wallet I think the casino can take advantage of that by just making the costs for it insanely cheap as low as it gets and just hope that whoever uses their website like a wallet can simply invest into the casino as bankroll or at least gamble and lose it. That would be a genius marketing move.
I personally don't know much about casino sites that have features like an exchange, but at yolodice.com you can find these features, you can find them here https://yolodice.com/#exchange but only for coins listed there and that hasn't many, at least these features will become more interesting for us to choose to play with the coins we want.

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December 10, 2018, 04:54:54 PM
 #82

Bitcoin is still my coin for gambling while we still have lot of other crypto currencies just because of liquidity.In case if I won lot of money from bets I immediately want to cashout it and enjoy so my preference will be bitcoin since it is easily transferrable into my local currency.

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December 10, 2018, 05:15:18 PM
 #83

I've seen a lot of people talk about BTC gambling, but is it that there are lots of cryptocurrencies to gamble in and not only Bitcoin? Although I know the answer for this, and maybe a lot of people as well know the answer to this, but I'd leave the answers to those who are eager to enlighten those who have little knowledge and information about this.

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

JKR in EOS platform is used in gambling. I think some developers are starting to develop cryptocurrencies that can be used in gambling since most crypto enthusiasts like gambling too. Soon, there will be more cryptocurrencies that can be used in gambling industry.
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December 10, 2018, 05:21:26 PM
 #84

Bitcoin is still my coin for gambling while we still have lot of other crypto currencies just because of liquidity.In case if I won lot of money from bets I immediately want to cashout it and enjoy so my preference will be bitcoin since it is easily transferrable into my local currency.

Lol. At this point? I wouldn't feel bad if i gamble with all my ether haha. The situation is that bad that i can just buy back the ethereums i lost at probably a cheaper price 🤣

 
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December 10, 2018, 06:05:43 PM
 #85

Bitcoin is still my coin for gambling while we still have lot of other crypto currencies just because of liquidity.In case if I won lot of money from bets I immediately want to cashout it and enjoy so my preference will be bitcoin since it is easily transferrable into my local currency.

Lol. At this point? I wouldn't feel bad if i gamble with all my ether haha. The situation is that bad that i can just buy back the ethereums i lost at probably a cheaper price 🤣

If you're using cryptocurrencies to gambe in the way that they're your only way to access crypto casinos or circumvent local gambling laws, it doesn't really matter when and what currency you'll choose. You'll spend it and buy more in a few hours, or you'll gamble and sell profits the next day. Crypto's are volatile, but not so much that you'd have to worry about a move of 1% per hour.

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December 15, 2018, 02:10:12 AM
 #86

Bitcoin is still my coin for gambling while we still have lot of other crypto currencies just because of liquidity.In case if I won lot of money from bets I immediately want to cashout it and enjoy so my preference will be bitcoin since it is easily transferrable into my local currency.
sometimes when I use bitcoin to gamble it's a bit disappointing because transaction fees for deposit and withdraw for bitcoin are quite expensive for me, when using altcoins like doge or other altcoins, fees can be said to be cheaper. Do you also think so when gambling with bitcoin?
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December 15, 2018, 02:20:52 AM
 #87

Bitcoin is still my coin for gambling while we still have lot of other crypto currencies just because of liquidity.In case if I won lot of money from bets I immediately want to cashout it and enjoy so my preference will be bitcoin since it is easily transferrable into my local currency.
sometimes when I use bitcoin to gamble it's a bit disappointing because transaction fees for deposit and withdraw for bitcoin are quite expensive for me, when using altcoins like doge or other altcoins, fees can be said to be cheaper. Do you also think so when gambling with bitcoin?

I don't mind using any cryptocurrencies as long as I am having fun, that is great.

There are a lot of gambling sites that I can gamble in, the only thing is that that gambling aite should be legitimate and trusted by a lot of other gamblers. As long as I am having fun, and yeah, earning a little, I can use a lot of other cryptocurrencies available. Doge will be great since I can gamble as much as I can. I don't use much if my Bitcoin since the dump happened, I am always thinking twice of using them.
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December 15, 2018, 06:38:23 AM
 #88

Bitcoin is still my coin for gambling while we still have lot of other crypto currencies just because of liquidity.In case if I won lot of money from bets I immediately want to cashout it and enjoy so my preference will be bitcoin since it is easily transferrable into my local currency.
sometimes when I use bitcoin to gamble it's a bit disappointing because transaction fees for deposit and withdraw for bitcoin are quite expensive for me, when using altcoins like doge or other altcoins, fees can be said to be cheaper. Do you also think so when gambling with bitcoin?

I don't mind using any cryptocurrencies as long as I am having fun, that is great.

There are a lot of gambling sites that I can gamble in, the only thing is that that gambling aite should be legitimate and trusted by a lot of other gamblers. As long as I am having fun, and yeah, earning a little, I can use a lot of other cryptocurrencies available. Doge will be great since I can gamble as much as I can. I don't use much if my Bitcoin since the dump happened, I am always thinking twice of using them.
In my case its same, I already tried to gamble with many altcoins. Maybe most fun I had with litecoin and doge, after bitcoin off course. What you say for bitcoins can be applied on many people, including me, most of us dont use bitcoins for anything this days, its better to keep them safe somewhere to wait for next bull run.
Recently I started to gamble with eos too, its what this cryptoworld makes you to do, there are always new things around, people should try this dices that I advertise in my signature, you can even stake some coins, you can do many things, this is what is the most interesting this past few weeks, you should try it.



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December 15, 2018, 08:03:43 AM
 #89

Bitcoin is still my coin for gambling while we still have lot of other crypto currencies just because of liquidity.In case if I won lot of money from bets I immediately want to cashout it and enjoy so my preference will be bitcoin since it is easily transferrable into my local currency.
sometimes when I use bitcoin to gamble it's a bit disappointing because transaction fees for deposit and withdraw for bitcoin are quite expensive for me, when using altcoins like doge or other altcoins, fees can be said to be cheaper. Do you also think so when gambling with bitcoin?

Yes, I think the same as you and this is why I use dogecoin for the bets because it's a cheaper fee and it's fast in the transaction. It's a long time ago when I use bitcoin as the bets, and in that time, fortunately, I get bitcoin by free from faucets Cheesy

Right now, I don't want to use bitcoin for a gambling game, and I prefer to use bitcoin for trading so I can make another profit and increase my money and bitcoin in the same time.

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December 16, 2018, 01:42:19 AM
 #90

Bitcoin is still my coin for gambling while we still have lot of other crypto currencies just because of liquidity.In case if I won lot of money from bets I immediately want to cashout it and enjoy so my preference will be bitcoin since it is easily transferrable into my local currency.
sometimes when I use bitcoin to gamble it's a bit disappointing because transaction fees for deposit and withdraw for bitcoin are quite expensive for me, when using altcoins like doge or other altcoins, fees can be said to be cheaper. Do you also think so when gambling with bitcoin?

I don't mind using any cryptocurrencies as long as I am having fun, that is great.

There are a lot of gambling sites that I can gamble in, the only thing is that that gambling aite should be legitimate and trusted by a lot of other gamblers. As long as I am having fun, and yeah, earning a little, I can use a lot of other cryptocurrencies available. Doge will be great since I can gamble as much as I can. I don't use much if my Bitcoin since the dump happened, I am always thinking twice of using them.
Of course it will be a little disappointing when you profit from gambling but instead the price of bitcoin is dumped and decreases 2 times, of course the benefits you get from gambling don't mean anything, lol. that's the thing that I dont like when gambling using bitcoin or crypto
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December 16, 2018, 05:53:18 AM
 #91

Back when directbet.eu was still around I liked to gamble in DOGE because of the fast confirmation times (usually less than 1 minute). It allowed you to lock in good odds during live events. With BTC you had the chance of a bet not confirming in time before the odds shifted.

I miss them... It was a great casino model where you don't have to deposit funds into an account. You just send your coin to an address that corresponds with the bet and provide them with the address you want to receive your winnings at (if you win).

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December 18, 2018, 01:01:55 AM
 #92

Back when directbet.eu was still around I liked to gamble in DOGE because of the fast confirmation times (usually less than 1 minute). It allowed you to lock in good odds during live events. With BTC you had the chance of a bet not confirming in time before the odds shifted.

I miss them... It was a great casino model where you don't have to deposit funds into an account. You just send your coin to an address that corresponds with the bet and provide them with the address you want to receive your winnings at (if you win).
I did like DirectBet for a lot of reasons and it's really easy to start gambling there. You just need to deposit in your unique address and just deposit and they know it's yours. It's easy and fast. I haven't tried gambling DOGEcoin but I think it's a great tool for it. I miss the site too, I wish it hadn't gone away.

What is the reason anyway? I forgot what happened. Or I think it was just they don't want to continue? I don't know.

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December 18, 2018, 07:16:19 AM
 #93

I did like DirectBet for a lot of reasons and it's really easy to start gambling there. You just need to deposit in your unique address and just deposit and they know it's yours. It's easy and fast. I haven't tried gambling DOGEcoin but I think it's a great tool for it. I miss the site too, I wish it hadn't gone away.

What is the reason anyway? I forgot what happened. Or I think it was just they don't want to continue? I don't know.

They didn't really say... But yeah, they were always honest, straight-forward and fast with payments.

One interesting bet that I never took (glad I didn't) that they had on there was the winner of the US presidential election... The options were "Hillary Clinton" versus "Republican"... Trump was too much of a wild card to put on there. I remember Hillary was a 1.4x payout and I thought that was easy money for months... boy oh boy was I wrong about that. The most wrong I've ever been about anything.

Maybe that single item cleaned them out, or enough to make them want to shut down their website... if enough people were betting on the Republican "longshot."

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December 18, 2018, 11:52:30 PM
 #94

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.

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December 19, 2018, 01:54:51 AM
 #95

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..
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December 19, 2018, 04:52:08 AM
 #96

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.

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December 19, 2018, 10:23:46 PM
 #97

The Lighting Networks for both Litecoin and BTC should make transactions for casinos and most things in general much, much quicker in the future once implemented correctly (for BTC especially) in the future, and once the BTC LN is accepted for payments by crypto-based casinos, I'm likely going to sell off much of my crypto stash I keep for quick transactions and convert them over to BTC. Shame there's just not a lot of adoption yet, though, but I expect BTC LN adoption will grow given some time.
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December 20, 2018, 02:49:10 AM
 #98

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 ?
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December 20, 2018, 03:11:16 AM
 #99

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.
Are you honestly generating profits from gambling ? I guess you must pray for your casinos not to adopt cryptocurrencies as it may lead to negative impacts in your currently smoothly-going gambling activities. Yes, as per a recent study, people who are using cryptos for gambling spend more money and time for their gambling compared to those who use fiats. Because, if you use fiats, your family members may ask questions about your expenses or you yourself may able to track your spending whereas with cryptos you may not value the real worth of your hard earned money as card payments or crypto payments are not giving exact feel of handling actual paper/metal money.

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..
I read that world wide gamblers are switching over to cryptos and especially to bitcoins for some reasons which are the things, you just mentioned. I am also preferring using cryptos but using cryptos is having lots of negative consequences like uncontrolled continuous gambling. I guess only for matured gamblers, cryptos are the right choice.
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December 20, 2018, 05:16:13 AM
 #100

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.

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