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Author Topic: Gambling Initiation.  (Read 203 times)
Cling18
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October 17, 2021, 04:18:06 PM
 #21

Nah, gambling is already considered by some as bad by people throughout centuries already and even most religions are anti-gambling. So it's already retarded (by your definition) even prior to the arrival of crypto. So nothing has change, it's really up to the individuals whether they will continue with fiat or shift to using crypto for their gambling experience.

Yes, most religious people see gambling as a sin but to be honest, only addiction creates its bad image. We have different insights about gambling but as for me, it still helps cryptocurrency since gambling has a huge part in blockchain technology. Crypto gambling was found more entertaining and profitable these days.
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October 17, 2021, 04:44:21 PM
 #22

Nah, gambling is already considered by some as bad by people throughout centuries already and even most religions are anti-gambling. So it's already retarded (by your definition) even prior to the arrival of crypto. So nothing has change, it's really up to the individuals whether they will continue with fiat or shift to using crypto for their gambling experience.

Yes, most religious people see gambling as a sin but to be honest, only addiction creates its bad image. We have different insights about gambling but as for me, it still helps cryptocurrency since gambling has a huge part in blockchain technology. Crypto gambling was found more entertaining and profitable these days.

Yes i've heard from some muslims that it's sin for them if they gamble.

I don't understand if their God knew they'll be drinking alcohol or doing gambling in future...
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October 17, 2021, 04:51:17 PM
 #23

Do you think uncensored gambling is better for crypto as a whole?, or it's retarded already and will mess with the image of cryptocurrencies., just like some DTs messing this forum.
Honestly, I don't get the uncensored part, was it the banning of some gambling games/platforms?

Well, some of these answers on the top are accurate like most of the countries gambling is considered as a bad influence to them and is prohibited and banned while some countries are just being rational by making most of the money in the economy with the help of gambling/casinos.

So, I think it plays a big part too in this forum especially in crypto currency how the gambling and crypto currency is being used. Both of them have their own pros and cons so it's actually up to the individual on what would they choose for their convenient.

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October 17, 2021, 05:40:24 PM
 #24

Do you think uncensored gambling is better for crypto as a whole?, or it's retarded already and will mess with the image of cryptocurrencies., just like some DTs messing this forum.
Honestly, I don't get the uncensored part, was it the banning of some gambling games/platforms?

I meant unregulated gambling, where casinos can easily get away if they lose a huge sum of money.
I'm not saying that every casino will do it but most will and people's inward desire to try new things will somehow drag them to these casinos.
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October 17, 2021, 06:19:18 PM
 #25

Do you think uncensored gambling is better for crypto as a whole?, or it's retarded already and will mess with the image of cryptocurrencies., just like some DTs messing this forum.
Honestly, I don't get the uncensored part, was it the banning of some gambling games/platforms?

I meant unregulated gambling, where casinos can easily get away if they lose a huge sum of money.
I'm not saying that every casino will do it but most will and people's inward desire to try new things will somehow drag them to these casinos.
Well, as long as they pay that's the best part IMO just like I said unregulated or regulated have their own pros and cons plus it's not considered as illegal if you haven't had any license yet. I'm just going to be rational in terms of talking business, so I think they can work that part later on if their business is going to be successful because you know it's for minimizing the risk IMO why they didn't get their license yet since they were just started.

It's just up to the players if they do their own research but I believe it won't get a potential bettor if they don't have a license so I think they were just trying to make money which is understandable if you were just starting a little business.

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October 17, 2021, 06:28:45 PM
 #26

I meant unregulated gambling, where casinos can easily get away if they lose a huge sum of money.
I'm not saying that every casino will do it but most will and people's inward desire to try new things will somehow drag them to these casinos.
At first I thought by "uncensored" gambling you meant no age restriction. But now you made it clear.

Due to the reason pointed above regulations offer some benefits to gamblers, especially from the safety point of view. A regulated casino registered somewhere can't fade away in any hypothesis, as it will be tracked and the responsible ones for the casino's operation held accountable for their wrongdoings. I believe that is an important factor for a gambler when choosing a site where to play, especially if he is going to deposit large sums of money.

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October 17, 2021, 06:32:12 PM
 #27

Well, as long as they pay that's the best part IMO just like I said unregulated or regulated have their own pros and cons plus it's not considered as illegal if you haven't had any license yet. I'm just going to be rational in terms of talking business, so I think they can work that part later on if their business is going to be successful because you know it's for minimizing the risk IMO why they didn't get their license yet since they were just started.

It's just up to the players if they do their own research but I believe it won't get a potential bettor if they don't have a license so I think they were just trying to make money which is understandable if you were just starting a little business.

If they go to the unregulated casino and no one has shared any experience about their games and withdrawals then they're basically diving into an ocean without knowing what's there.

Well even in doing research you'll have to risk some money on the website and if it's a small amount and you won, Casino might pay you off but there's no surety that a high roller will be given the same privileges when they win 10 BTC for example.
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October 17, 2021, 06:40:28 PM
 #28

If you're seeing only gambling in the vast expanse of cryptocurrency, you might need to change your search suggestions lol. Sure enough gambling plays a significant role in the industry, but there are a multitude of other sectors that people are also fond of, NFTs, DeFi, games, programming, there are literally a lot of things that you can discover in the world of crypto. I guess what happened here is that you searched once for gambling sites and now everything that you see on the internet relates to that, pesky adsense doing its job. In the case of unregulated gambling, they only play a very small portion of the whole gambling scene in crypto. You can't focus on one part and generalize it based on that particular sector yeah?
Crypto gambling has become more widespread and there are more and more enthusiasts, well even if it is on the less good side, there will still be a lot of enthusiasts, there will be still many people to double their money/their crypto by gambling.
About messing with the image of cryptocurrency... it's up to each individual's decision and it doesn't matter with a particular casino site, a site only provides a place and provides satisfaction for gamblers, after all whether crypto is good or bad depends on what people use it for.
I don't think it would really mess with the image. Has gambling messed the image of Fiat? I don't think so. Cryptocurrency is just like regular cold hard cash, so I don't think it would really affect how people sees cryptocurrencies at the moment. Not to mention the fact that there are a lot of things that are already happening wityhin the cryptocurrency space. Most recent being the Metaverse concept, so it's not like crypto is nothing but gambling, it's just one part of a vast whole.



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October 17, 2021, 06:43:34 PM
 #29

If you're seeing only gambling in the vast expanse of cryptocurrency, you might need to change your search suggestions lol. Sure enough gambling plays a significant role in the industry, but there are a multitude of other sectors that people are also fond of, NFTs, DeFi, games, programming, there are literally a lot of things that you can discover in the world of crypto. I guess what happened here is that you searched once for gambling sites and now everything that you see on the internet relates to that, pesky adsense doing its job.

NFTs, Defi came recently, However, the Crypto gambling industry is since around early 2011 with SatoshiDice being a popular one and Primedice copying them.

But that's not the case, It's very easy to introduce a new gambling industry crypto based and rip people off after advertising it on this forum, Look fast dice for example.
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October 17, 2021, 07:12:16 PM
 #30

I've been into crypto not for very long but most of the businesses I'm witnessing are related to gambling and what have you noticed.

Do you think uncensored gambling is better for crypto as a whole?, or it's retarded already and will mess with the image of cryptocurrencies., just like some DTs messing this forum.

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I wouldn't say so, you are right that many casinos use crypto currencies these days. But there is also a lot of other businesses who use crypto currencies as a way of payment and investors who use it as form to invest or just to store money outside of the FIAT money system. Cryptos are a fast and easy way to deposit money and withdraw it from casinos. There might be a small boost coming from the gambling industry, but saying that it is all because of gambling is wrong. If there were no online casinos and no gambling I believe that there still were a lot of people invested in cryptos. The bad image of cryptos doesn't come from gambling, it rather comes from criminals who steal cryptos or misuse them to launder money. Gambling is just a form of hobby for most of us. If you like gambling in pyhsical casinos before and switched to online gambling because of the pandemic I would say that it is normal and nothing bad about it. And if you never gambled in your life and are just here for the crypto currencies that it is good too, no reason to start gambling now just because you own some cryptos.
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October 17, 2021, 07:29:21 PM
 #31


Do you think uncensored gambling is better for crypto as a whole?, or it's retarded already and will mess with the image of cryptocurrencies., just like some DTs messing this forum.

Because part of showing it on the initial screen is to show the casino supports crypto gambling. While there are a lot of perceptions about censorship and not for me it's the same and no one really gives a proper explanation. Even in fiat gambling, even when we gamble in crypto, it is also considered an illegal act by people's minds.

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October 17, 2021, 07:55:38 PM
 #32

Free exchange of value and gambling are both thousands of years old in their origins, there is no negative implication allowing either or each other to facilitate the other.    I think gambling in crypto is probably safer as money already in crypto will not be allocated towards bills, if you keep everything separate you can only lose what you allocated as spendable that day and its far less likely to cost all the cash you have spare or not spare.

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October 17, 2021, 08:09:01 PM
 #33

I've been into crypto not for very long but most of the businesses I'm witnessing are related to gambling and what have you noticed.



You're welcome (wood and moon)

Cryptocurrency casino gambling is just a small part of the Cryptocurrency industry you are active in the gambling section that is why you think that most of the businesses are related to Cryptocurrency, there are Crypto that is related to gaming, entertainment investing, and merchandising you have to explore to find out the scope of Cryptocurrency, the world is going Crypto so expect every industry to adopt Cryptocurrency.

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Tumanggor
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October 17, 2021, 08:40:09 PM
 #34

I've been into crypto not for very long but most of the businesses I'm witnessing are related to gambling and what have you noticed.

Do you think uncensored gambling is better for crypto as a whole?, or it's retarded already and will mess with the image of cryptocurrencies., just like some DTs messing this forum.

You're welcome (wood and moon)
uncensored gambling does not damage the image of cryptocurrencies but is a helpful innovation. what I mean is that gambling has always been dominated by fiat but for many players, it is to their detriment, uneven currency exchange rates affect gambling players plus the lack of confidentiality when making deposits at fiat-based offline/online casinos

the emergence of cryptocurrencies is a savior for many people especially for gamblers. Currently, the gambling business has a fairly large round of cryptocurrency transactions, which really adds to the appeal of crypto

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October 17, 2021, 09:14:52 PM
 #35

It needs wide acceptance and recognition. Because crypto gambling is only one part of the community element. So when making it as an uncensored gamble is a way to be gradually recognized in the future. That way the gambling process that used to only know how to bet fiat, can now have a choice, namely by risking crypto. Moreover, with the fairly basic difference between crypto and fiat being opposite, it is likely that crypto will be the most desirable to avoid government surveillance of transaction traffic.

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