Chrystora123
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Activity: 1414
Merit: 228
Omicron is another FUD
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March 22, 2020, 05:05:09 PM |
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Bitcoin is the cryptocurrency that I use more often, then Ethereum and Dogecoin. almost all gambling sites that I use (cryptocurrency gambling) prefer to trade (deposit or withdraw) using Bitcoin. swap to another cryptocurrency requires a fee and I think it would be better if I deposit Bitcoin and Withdraw with Bitcoin or deposit Ethereum and withdraw with Ethereum.
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Latviand
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March 22, 2020, 05:21:03 PM |
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I use BTC, good thing that there are some gambling sites that provide faucets for players to try and play games through their casino. In addition, I also use LTC because I believe LTC is faster in comparison to Bitcoin transactions, that is when I really like to play and couldn't wait any longer. But most of the time, I store BTC because of the previous campaigns I have, they pay me in Bitcoin and that serves as my currency of playing in their site as well.
Right now, if we don't have any experience in gambling and we want to try it, try to use altcoin first for us to easily store crypto to gambling platforms.
Me too, I use BTC because I find it very fast and safe during payment and transactions. Most of the people who gamble are using bitcoin and we can deny that because as I gamble outside physically, they still use bitcoin. As far as I know, people will just use bitcoin if the platform is online gambling. I'm not yet engaging in using LTC because I still lack of information and precautions in using it and it is very risky if I will just use it without a prior knowledge about that. I started gambling by using bitcoin and it went good because I learned the basic rules in gambling to prevent losses and being abused in a casino. Also I learned that bitcoin is very important and needed to be manipulated properly that's why I never experienced having a hard time in using BTC.
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ajqjjj
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March 22, 2020, 06:03:47 PM |
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I had been using Bitcoin for gambling but recently I have shifted to tron as more gambling dApps have been going online on tron Blockchain. It is more convenient to use it as it very fast than Bitcoin. The plus point of using tron is that it doesnot pinch your pocket as price wise it is very less than bitcoin
Tron also one of the best altcoin to handle the gambling sites, But Bitcoin is more convenient for long term investment in gambling so we can concentrate Bitcoin and tron it will be match for all the time. Nowadays Ethereum is more familiar in all the gamblers so I am concentrate ETH and BTC for all time gambling. I hope number of altcoins are easy to handle in gambling sites at same time BTC was stay in all the pocket.
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-support Bitcoin Community Bitcointalk.org- Always verify wallet to store your Bitcoin Donations are open, send PM
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justdimin
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March 22, 2020, 08:30:15 PM |
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Tron also one of the best altcoin to handle the gambling sites, But Bitcoin is more convenient for long term investment in gambling so we can concentrate Bitcoin and tron it will be match for all the time. Nowadays Ethereum is more familiar in all the gamblers so I am concentrate ETH and BTC for all time gambling. I hope number of altcoins are easy to handle in gambling sites at same time BTC was stay in all the pocket.
I do see very few gambling houses are accepting tron. Not sure my favorite houses are accepting tron for gambling. So far I too gambled only with bitcoins and if I get any free coins then I do gamble with them (primedice more often mail me free coins). I prefer gambling in BTC so that may hit my luck with big levels. I think there will be no matter of price of BTC to risk it in gambling as once decided to risk in gambling then it should be in BTC and no changes along with BTC's fluctuations.
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chaser15
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Undeads.com - P2E Runner Game
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March 22, 2020, 10:19:13 PM |
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I think we need to completely separate the crypto money we buy for investment and the crypto money we use for gambling. Personally, from this point on, I will use as many USDTs as possible for gambling.
It's a basic rule of thumb, we should have separate fundings that are used for investment and gambling purposes so that if ever either of them is currently not in a good status, not all are affected. These also apply to our other financial purposes as well. It might be hard to maintain such diversification but as much as possible that kind of setup should always be the priority. If you tend to USDT on your crypto gambling from now, can you share your list of crypto-gambling sites that accept USDT deposits?
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PuertoLibre
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Merit: 1003
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March 22, 2020, 10:42:28 PM |
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Bitcoin is the cryptocurrency that I use more often, then Ethereum and Dogecoin. almost all gambling sites that I use (cryptocurrency gambling) prefer to trade (deposit or withdraw) using Bitcoin. swap to another cryptocurrency requires a fee and I think it would be better if I deposit Bitcoin and Withdraw with Bitcoin or deposit Ethereum and withdraw with Ethereum.
The commissions and transaction fees make the process laggy for the gambler and using alternative cryptos will be a better idea for avoiding wasting time and money. Some casinos offer the swap inside the app or websites, so trading BTC to Doge or LTC is smarter than paying $4 worth BTC fee per transaction. Maybe using the ETH or LTC for gambling hot wallet and later converting the profit to BTC can be an alternative.
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TopT3ns
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March 22, 2020, 11:03:46 PM |
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Bitcoin is the cryptocurrency that I use more often, then Ethereum and Dogecoin. almost all gambling sites that I use (cryptocurrency gambling) prefer to trade (deposit or withdraw) using Bitcoin. swap to another cryptocurrency requires a fee and I think it would be better if I deposit Bitcoin and Withdraw with Bitcoin or deposit Ethereum and withdraw with Ethereum.
The commissions and transaction fees make the process laggy for the gambler and using alternative cryptos will be a better idea for avoiding wasting time and money. Some casinos offer the swap inside the app or websites, so trading BTC to Doge or LTC is smarter than paying $4 worth BTC fee per transaction. Maybe using the ETH or LTC for gambling hot wallet and later converting the profit to BTC can be an alternative. indeed when using bitcoin, the transaction becomes more expensive because shipping costs are also high, but to minimize it now I am more often using Tron, XLM or XRP which in my opinion has a low shipping fee and has a high speed when making transactions. I can do that when the gambling site supports deposits using the three altcoins that I mentioned.
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shoreno
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March 23, 2020, 01:57:37 AM |
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Bitcoin is the cryptocurrency that I use more often, then Ethereum and Dogecoin. almost all gambling sites that I use (cryptocurrency gambling) prefer to trade (deposit or withdraw) using Bitcoin. swap to another cryptocurrency requires a fee and I think it would be better if I deposit Bitcoin and Withdraw with Bitcoin or deposit Ethereum and withdraw with Ethereum.
The commissions and transaction fees make the process laggy for the gambler and using alternative cryptos will be a better idea for avoiding wasting time and money. Some casinos offer the swap inside the app or websites, so trading BTC to Doge or LTC is smarter than paying $4 worth BTC fee per transaction. Maybe using the ETH or LTC for gambling hot wallet and later converting the profit to BTC can be an alternative. indeed when using bitcoin, the transaction becomes more expensive because shipping costs are also high, but to minimize it now I am more often using Tron, XLM or XRP which in my opinion has a low shipping fee and has a high speed when making transactions. I can do that when the gambling site supports deposits using the three altcoins that I mentioned. shipping fee ? sounds like your shopping and going do deliver items lol but seriously what you mean to say is transaction fee right ? well that is true that btc has the highest fee and also the slowest when it comes to transacting , that is why we have altcoins . i like the coins you pick when gambling . tron and xrp are also my choice but i dont ever use xlm because i rarely see it on most gambling site that i visit and play with . i mainy use xrp the most because its fast and it has a very cheap fee . the only problem that im facing right now is that xrp dumped too .
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michellee
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March 23, 2020, 02:59:03 AM |
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Bitcoin will be the choice for some people to be used for playing gambling, and I used it too in the past. But after I see dogecoin can be used for a gamble, I tried to use dogecoin, but then the fee was increased so high, I decided to use litecoin or ethereum to gamble. Maybe the fee is not too high, but I feel that with that fee, I can gamble for more than 10 with a small amount. But later, I tried to use Tron for a gamble, and I see that Tron has a fast confirming transaction, and the fee is not too big.
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TravelMug
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March 23, 2020, 04:15:58 AM |
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With the retreat in the price of Bitcoin, this question started to come to my mind. I personally mostly like trading with ETH. I think both liquidity and mobility are faster. However, as a result of the price decrease experienced in the previous weeks, we have seen that the balances we tried to earn are rapidly melting against the USD.
I still prefer BTC when I do online gambling, but when the fees are high, ETH or Doge is the best logical choice. I think we need to completely separate the crypto money we buy for investment and the crypto money we use for gambling. Personally, from this point on, I will use as many USDTs as possible for gambling.
Exactly, if we messed up our investment money in gambling, it's going to be very difficult to recover from that. That's why we should only gamble what we can afford to lose.
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yanto@1977
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Activity: 686
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
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March 23, 2020, 01:30:34 PM |
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I think we need to completely separate the crypto money we buy for investment and the crypto money we use for gambling. Personally, from this point on, I will use as many USDTs as possible for gambling.
I never separate crypto fuor investment/ trade with gambling, all in one address and the safety is my disciplines about limit. This moment I choose LTC because fees is not too heavy, the network not also crowded so I can deposit and withdraw under 10 minutes and success. The problem is our psychology, use any digital money is fine but must have limit that never braked by our greedy.
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posi
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March 23, 2020, 03:14:59 PM |
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I think we need to completely separate the crypto money we buy for investment and the crypto money we use for gambling. Personally, from this point on, I will use as many USDTs as possible for gambling.
I never separate crypto fuor investment/ trade with gambling, all in one address and the safety is my disciplines about limit. This moment I choose LTC because fees is not too heavy, the network not also crowded so I can deposit and withdraw under 10 minutes and success. The problem is our psychology, use any digital money is fine but must have limit that never braked by our greedy. The part of never seperate one investment fund from others could be dangerous even for someone who's every discipline about limit because the last time i checked every body is greedy at some point. However, using any cryptocurrency is also not advisable and if you check most gamblers usually make use of doge/LTC to play but it will be good if gambling site could support stablecoins.
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peonminer
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March 23, 2020, 03:32:53 PM |
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Bitcoin is the king for sure. The transfer and confirmation time is the weakness though. I have been leaning more toward Ethereum recently. I am hoarding ETH this time for the next bull run. With the most recent run up ETH almost hit 3x while BTC hit only 2x. We could see some crazy things with ETH this time around. Also, when gambling it allows for a larger pocket for sustaining more red streaks when it comes to bet amount. Of course the amount of betting doesn't equal the amount of coin for BTC vs ETH, though due to exchange rates and such.
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LbtalkL
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March 23, 2020, 03:39:09 PM |
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I prefer cryptocurrency with much lesser fees when sending a transaction and fast confirmations like ETH, TRX, XLM and similar cryptocurrency as long as the gambling platform supports those currencies I will use it. For the time being BTC blockchain is not that fast enough unless you modify the transaction fees and pay more fees than usual.
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White Christmas
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★Bitvest.io★ Play Plinko or Invest!
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March 23, 2020, 03:56:58 PM |
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I prefer cryptocurrency with much lesser fees when sending a transaction and fast confirmations like ETH, TRX, XLM and similar cryptocurrency as long as the gambling platform supports those currencies I will use it. For the time being BTC blockchain is not that fast enough unless you modify the transaction fees and pay more fees than usual.
Everyone prefer the lesser fees on sending cryptocurrency and maybe because the main reason is just the lower the was the big amount of money they can transfer to the websites so that it would be not become a hassle and not consider a loss, just for example if the gambling website has been issuing very high amount of fees on transferring cryptocurrency then probably it would be really hard to attract gamblers because the fees was really to expensive and high.
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DoublerHunter
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March 23, 2020, 04:18:26 PM |
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~snip~ Everyone prefer the lesser fees on sending cryptocurrency ...
^ Definitely right, probably the most frequently they used is altcoins because of the transaction fees when you are transferring your cryptocurrency on the gambling platform wallet. But there are some gamblers who like to use Bitcoin in gambling, just like my friend. He said that it is good because Bitcoin is very volatile and at the same, you will also earn profit by that. Nevertheless, I encourage everyone to use Bitcoin, because it will help also to increase the price of the market. If everyone using Bitcoin it means the demand will increase that makes price growing up.
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South Park
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March 23, 2020, 05:29:49 PM |
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With the retreat in the price of Bitcoin, this question started to come to my mind. I personally mostly like trading with ETH. I think both liquidity and mobility are faster. However, as a result of the price decrease experienced in the previous weeks, we have seen that the balances we tried to earn are rapidly melting against the USD.
If you are worried about that then use less BTC or ETH to gamble, in times like this it is important to reduce our expenses and even if gambling is really fun it is a good idea to reduce the time and money you spend on it. I think we need to completely separate the crypto money we buy for investment and the crypto money we use for gambling. Personally, from this point on, I will use as many USDTs as possible for gambling.
This is a strategy that professional gamblers use, they have separated accounts for the money they need to pay for the stuff they need, their investments and their gambling activities and they never mix them or they will have the temptation to try to use money they really need to keep gambling and that will lead you to ruin.
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RealMalatesta
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March 23, 2020, 07:59:12 PM |
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I prefer cryptocurrency with much lesser fees when sending a transaction and fast confirmations like ETH, TRX, XLM and similar cryptocurrency as long as the gambling platform supports those currencies I will use it. For the time being BTC blockchain is not that fast enough unless you modify the transaction fees and pay more fees than usual.
It is really bad for bitcoin when people are switching over to the cryptocurrency due to the reason of high transaction fee and long time required for confirmations. Because, I do study gambling industry is providing big volume in day-to-day transactions of bitcoins but bitcoin foundation must need to improve something other than what we had in segwit. I believed lightening network will provide some big changes but gambling houses are taking time to adopt it which gives room for gambling houses and gamblers to adopt some of the cryptocurrency. I am still sticking with bitcoin based gambling for no big reasons. Recently I have deposited 0.05BTC into freebitcoin for gaining daily interest but that transaction took more than 2 days to get first confirmation even I had included more fee than what electrum suggested.
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boltz
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March 23, 2020, 09:05:44 PM |
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I have always used Sportbets since 2016 and never had a problem with them. They have a lot of offers ( even during this hard times they bring new offers for us to keep us entertained ), the interface is smooth and easy to use, deposits and withdrawals are instantly and they have a live support which most of the gambling sites are not offering. Go give it a try, I'm sure you will like it.
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chaser15
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March 23, 2020, 09:10:56 PM |
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I am still sticking with bitcoin based gambling for no big reasons. Recently I have deposited 0.05BTC into freebitcoin for gaining daily interest but that transaction took more than 2 days to get first confirmation even I had included more fee than what electrum suggested.
Seriously 2 days? The network is not clogged at the moment or even recently. Or maybe that amount wasn't reflected right away in the freebitco.in and you just think it was stuck for more than 2 days. I'm amazed you take the risks of putting BTC0.05 on that site just to achieve that 547 satoshis daily interest for a total of 0.00204025 annual interest.
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