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Author Topic: Will you buy lottery online in bitcoin payment?  (Read 1324 times)
pixie85
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August 04, 2019, 12:29:15 AM
 #121

For now, I think it is not better to buy lottery online with bitcoin because the bitcoin price is moving to a higher rate. Besides that, you can waste your bitcoin for something that needs the luck to win the money. It is better to hold your bitcoin for a while to see how much bitcoin price will increase so you can make a profit in fiat. But that will be up to you because only you that will know what is best for yourself and I hope you can think what the advantage and the disadvantage for yourself is. And don't regret if somehow you cannot win the lottery because that game will need the luck to win.

Lottery tickets are so cheap that this little money spent won't impact your investment portfolio. What does it matter if you spend $5 on a ticket or gamble it away? If bitcoin jumps by 100% to the previous ATH you will only earn $5 on this investment.

Gambling big is risky but lotteries are popular because they are cheap and offer high reward with low probability of success. I would buy a ticket because why not?
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August 04, 2019, 07:39:57 PM
 #122

No doubt lotteries are cheap but how many times you have or your friends have won the lottery ?
Its like giving 5$ to someone and getting nothing in return.  I would rather prefer to play dice than to risk on lottery.

You're right this isn't the best way to spend money but it offers a similar risk-reward ratio to dice or most other games. A 5 dollar ticket gives you a low chance to win a million but a dice game gives you high chance to win another 5 dollars. If you look at it from a perspective it's all the same especially when you lose your five on a 50% dice roll.
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August 04, 2019, 10:10:12 PM
 #123

For now, I think it is not better to buy lottery online with bitcoin because the bitcoin price is moving to a higher rate. Besides that, you can waste your bitcoin for something that needs the luck to win the money. It is better to hold your bitcoin for a while to see how much bitcoin price will increase so you can make a profit in fiat. But that will be up to you because only you that will know what is best for yourself and I hope you can think what the advantage and the disadvantage for yourself is. And don't regret if somehow you cannot win the lottery because that game will need the luck to win.

Lottery tickets are so cheap that this little money spent won't impact your investment portfolio. What does it matter if you spend $5 on a ticket or gamble it away? If bitcoin jumps by 100% to the previous ATH you will only earn $5 on this investment.

Gambling big is risky but lotteries are popular because they are cheap and offer high reward with low probability of success. I would buy a ticket because why not?

No doubt lotteries are cheap but how many times you have or your friends have won the lottery ?
Its like giving 5$ to someone and getting nothing in return.  I would rather prefer to play dice than to risk on lottery.
It could be good for some people to buy lottery but only for those who are lucky by birth according ti me it is really bad to put your saving on risk of luck. I also buy some lottery but not on the  risk of looking my future saving it is increasing and there is no reason for me to change my investment from bitcoin to lottery .
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August 05, 2019, 06:10:43 AM
 #124

I have not tried buying an online lottery ticket in Bitcoin payment. I do not want to waste my precious Bitcoin on it. I know that lottery is almost impossible to win, only one in a million of chances. I might even run out of Bitcoin first before having the chance to win. So I would rather hodl my Bitcoin for a sure profit. I can buy it with my fiat though, but never with my BTC.
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August 05, 2019, 04:35:48 PM
 #125

I have not tried buying an online lottery ticket in Bitcoin payment. I do not want to waste my precious Bitcoin on it. I know that lottery is almost impossible to win, only one in a million of chances. I might even run out of Bitcoin first before having the chance to win. So I would rather hodl my Bitcoin for a sure profit. I can buy it with my fiat though, but never with my BTC.

Yeah, holding bitcoin for future will be the best choice for us because we see that bitcoin price now increase so it will have a chance to grow more in this month or the next month. But you can use a small part of satoshi to buy lottery if you want to test your luck and you are curious with the prizes but remember, holding bitcoin will be worth for now.

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August 06, 2019, 01:37:07 AM
 #126

If there is a lottery outlet near us, then there is no use buying it online, but if you want to bet on a lottery located in another country, then this is a good option to use, some people are betting in a US-based lottery coming from another country, because the prize is 10 to 50 times bigger than what their local lottery is offering.
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August 06, 2019, 04:32:10 AM
 #127

If there is a lottery outlet near us, then there is no use buying it online, but if you want to bet on a lottery located in another country, then this is a good option to use, some people are betting in a US-based lottery coming from another country, because the prize is 10 to 50 times bigger than what their local lottery is offering.
It's all about the prize there's still  many gamblers who are willing to take the risk when it comes to the amount of possible rewards, buying lottery tickets which is offered from another country might be much higher especially when you are in a third world countries, gamblers who's willing to take that risk will be glad to have another channels for betting online.

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August 06, 2019, 01:58:15 PM
 #128

I want to purchase ticket utilizing btc in an online mode as it has give advantage by diminish bother and simple to find when it got a positive outcome. Be that as it may, we have an individual perspection by picking obligated viewpoint to play out our wager in an appropriable manner.

I had a lot of old btc when I started gambling. Coins that I acquired for nothing and at the time, they were also worth pretty much nothing. Since I hadn't yet grown accustomed to considering BTC as real money back then I gambled it all away. Boy! Now when I think about the amount of money I lost... I could have had a yacht Cheesy

With that said, it's always easier to gamble when you acquired the tokens used with practically nothing. Had it been my hard earned money, maybe I would have acted a little differently.
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August 08, 2019, 10:58:29 AM
 #129

Everything will all boil down to how much? I will have to take off from there, weighing on whether it is all worth it or just a waste of my BTC. I sometimes bet on lottery combinations outside crypto. It's because every combination is so cheap and yet the jackpot prize is so huge. There are times when each combination would only cost me cents while the winning prize is in millions. That's definitely worth the try. If this is how this lottery of yours goes, I don't mind shelling out some sats for it.

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August 08, 2019, 09:31:11 PM
 #130

Maybe I'm an impractical person, but it seems to me that for this period using bitcoin for shopping or for gambling is simply thoughtless.  I believe that by saving bitcoin for a long period, I can get quite a big profit.  And for gambling, you can use other coins, including the Throne, as well as other altcoins.

Why you assume that you will lose your money before you even started with gambling? And what`s the difference what coin you use if you are spending money, money that you can spend for buying more bitcoins? If you think about saving bitcoin it`s ok, but for bitcoin to grow people need to use it, if everyone holds what can happen with bitcoin in next couple years?
What you are suggesting is ok just cause transaction fees can be high when you send bitcoins, sending alts can be much cheaper. And you shouldn`t gamble with last money in your wallet, spend some for buying and saving, the rest can be used for gambling or some other fun activity, end line is use bitcoins for something, it`s how we can make bitcoin economy to grow.

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August 09, 2019, 12:11:38 AM
 #131

Maybe I'm an impractical person, but it seems to me that for this period using bitcoin for shopping or for gambling is simply thoughtless.  I believe that by saving bitcoin for a long period, I can get quite a big profit.  And for gambling, you can use other coins, including the Throne, as well as other altcoins.
An analysis like that makes you a pretty very practical man to be honest. One could say that only when one is involved in crypto for long. Look at the growing prices of Bitcoin. There has been good value addition lately as well. This means that Bitcoin is itself an asset of big value unlike the uncertain lottery that will only keep you awaited and no good thing will happen.
It never crossed my mind too buying lottery tickets using my hard earned bitcoins.I would not take the risk because i know it takes millions of people to win the jackpot prize in lottery so buying it more often will only add to your previous losses.And the fact that i'm not into lottery and the whole thing about it makes me feel safe that i will not lose though.

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August 10, 2019, 02:30:41 AM
 #132

If there is a lottery outlet near us, then there is no use buying it online, but if you want to bet on a lottery located in another country, then this is a good option to use, some people are betting in a US-based lottery coming from another country, because the prize is 10 to 50 times bigger than what their local lottery is offering.
It's all about the prize there's still  many gamblers who are willing to take the risk when it comes to the amount of possible rewards, buying lottery tickets which is offered from another country might be much higher especially when you are in a third world countries, gamblers who's willing to take that risk will be glad to have another channels for betting online.
I think the problem with lottery online is not the payment, many people have no problem buying lottery using bitcoin. Because that's not the main point. what matters is the trustworthiness of these gambling sites, whether they really pay and give prizes to random and real winners or not ?
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August 10, 2019, 02:41:37 AM
 #133

Hi, I’m Karolus and interested in lottery and blockchain.

I am now planning to make a lottery purchase platform where you can buy lottery in bitcoin.

It's not another lottery program, we'll buy a lottery ticket in a physical store if you order online. And 70% of the processing fee(about 10% - 25%) will be taken for customer's order or referral as a rebate.
.

So you are going to be a third party buying a ticket in a physical store, I don't think I will go for that it's not about the store that you are going to set up only for but for all the store that offer similar service, buying a lottery ticket is a personal matter for me, it should be private and no one should know the name of who purchased the winning ticket, for security and privacy reason.

The lottery is very popular here in our country, and whenever somebody hits a jackpot people are asking the region of the winner, the winner's life will be at risk and besides he might know how to handle such huge amount making him vulnerable.


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August 10, 2019, 05:41:47 AM
 #134

I want to purchase ticket utilizing btc in an online mode as it has give advantage by diminish bother and simple to find when it got a positive outcome. Be that as it may, we have an individual perspection by picking obligated viewpoint to play out our wager in an appropriable manner.

I had a lot of old btc when I started gambling. Coins that I acquired for nothing and at the time, they were also worth pretty much nothing. Since I hadn't yet grown accustomed to considering BTC as real money back then I gambled it all away. Boy! Now when I think about the amount of money I lost... I could have had a yacht Cheesy

With that said, it's always easier to gamble when you acquired the tokens used with practically nothing. Had it been my hard earned money, maybe I would have acted a little differently.

Maybe btc are not value much on those old days but they are very much high value these days. You should not have wasted them in lottery. Even the tokens earned can be of good value in the future. We never know if any token get listed on big exchanges and changes our fortune.

You are right. In the old days, I guess people can gamble with a lot of bitcoin in one bet, but I don't think that they will repeat to make one bet with a huge bitcoin because the bitcoin value now has increased. But perhaps, there will be a gambler who uses huge bitcoin amount to bet because they still have a lot of bitcoin and they don't mind to lose some amount of bitcoin in one round. But to buy the lottery online with bitcoin or not, it will depend on each gambler because I think they can know the risk of using bitcoin to playing gambling.

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aioc
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August 10, 2019, 07:17:23 AM
 #135

I don't think I can do that in my location, there are so many lottery outlets here in every corner of our street here, it's so popular here in our country, and most of all I don't want to be my number to be in someone else's database.

If I won I want to keep it for myself I want a quiet life, I will be targetted by corrupt and unscrupulous people if they expose it.

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August 10, 2019, 01:34:23 PM
 #136

If there is a lottery outlet near us, then there is no use buying it online, but if you want to bet on a lottery located in another country, then this is a good option to use, some people are betting in a US-based lottery coming from another country, because the prize is 10 to 50 times bigger than what their local lottery is offering.
It's all about the prize there's still  many gamblers who are willing to take the risk when it comes to the amount of possible rewards, buying lottery tickets which is offered from another country might be much higher especially when you are in a third world countries, gamblers who's willing to take that risk will be glad to have another channels for betting online.
I think the problem with lottery online is not the payment, many people have no problem buying lottery using bitcoin. Because that's not the main point. what matters is the trustworthiness of these gambling sites, whether they really pay and give prizes to random and real winners or not ?

It's easy to buy lottery system but it is not very easy to win a lottery.
People want to invest in something which can give them grantee good return. The lottery is something which is too risky and that's why I don't recommend people and friends to invest in lottery or buy in lottery.

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August 10, 2019, 10:49:58 PM
 #137

Maybe I'm an impractical person, but it seems to me that for this period using bitcoin for shopping or for gambling is simply thoughtless.  I believe that by saving bitcoin for a long period, I can get quite a big profit.  And for gambling, you can use other coins, including the Throne, as well as other altcoins.

I think Bitcoin can and should be used for everything ideally.    The conundrum you have is that if Bitcoin were used for nothing, just stuck away doing nothing then its worth would surely drop and might even prove inferior to the alt coins you mention.

Bitcoin is transactional,  some ancient asset like gold is what they store in the 1930's in a vault and never move since.   The reason they can play this trick with gold is with the company that owns it and just retains the value on a balance sheet, like a cheque they keep writing out gold notes to give to people at varying prices.   Bitcoin I dont think can be stored away in this way, it is transactional.  

The Bitcoin is both the asset and the means to settle the balance of the trade, never using Bitcoin would mean you lose the value I'm fairly sure as it is not centralised or monetised via notes of credit.


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August 14, 2019, 07:20:15 AM
 #138

Yes because I want to experience an online loterry because l believe that i will become  a millionaire here.its easy to win the promising price When the price is increasing.
If you have a decent level of logic you would not quote this OP, on the contrary you did. Grin

The OP is shamelessly promoting this telegram channel. Join it at your own risk because these types dont end up well for anybody except the group owner who in a shady manner is going to scam all these members either immediately or later on. Playing your luck does not have any shortcut be it lottery or dice game. You wont become a millionaire but just buying some tickets. Get a job and work hard to earn a living and make a name for yourself.

If life was so easy then everyone would be buying lottery tickets all day. But that does not happen. So go figure. Cheesy

 
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ethereumhunter
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August 14, 2019, 09:06:42 AM
 #139

Hi, I’m Karolus and interested in lottery and blockchain.

I am now planning to make a lottery purchase platform where you can buy lottery in bitcoin.

It's not another lottery program, we'll buy a lottery ticket in a physical store if you order online. And 70% of the processing fee(about 10% - 25%) will be taken for customer's order or referral as a rebate.

I’m doing a survey now. If you have the same points of interest with me, fill the form down below.

https://forms.gle/wEqK5oqrzTDYeFbQ8

You can visit our site https://spot.games.

You can subscribe us https://mailchi.mp/d5efde969427/spotgamessubcribe if you are interested in my project.

My telegram account is https://t.me/karolusM, feel free to contact me and give me advice.

You can also reply to me here.

Thank you anyway.

Yes because I want to experience an online loterry because l believe that i will become  a millionaire here.its easy to win the promising price When the price is increasing.

Be careful when you want to play online lottery on any website without reading a review from here because that will get you into a scam. It is better to choose online lottery which the members suggested so we don't have to worry about anything. But I think it is better if you can find a local lottery in your city so you can buy the ticket directly and you can see the result later.

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August 14, 2019, 12:00:32 PM
 #140

I’m doing a survey now. If you have the same points of interest with me, fill the form down below.

https://forms.gle/wEqK5oqrzTDYeFbQ8
Will you send me spam if I leave my email address in your survey?

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