Crypto Gambling Weekly

[AmoreJaz]

It is undeniable that before it was the gambling sector, the crypto casinos are one of the main reasons why the massive adoption is happening. But it's different this time and it's the institutions that are having the FOMO of buying bitcoin. As we look to the prices right now, it's one of the highest again, the $55k has been reached surprisingly and didn't expected to be that fast. The tweet of bitcasino purchasing Tesla, I hope that it will be granted by Elon Musk. That's going to be one of the best deals ever that we're going to see in the history if it happens.

yes, that's right. before, in the early days of crypto, gambling is one of the major markets of crypto. they are actually one of the earliest adopters of crypto. and up until now, a large population of crypto users are still into gambling app. but yes, crypto is now entering into financial industry as financial institutions are heavily investing their assets into crypto. which is the reason why we are seeing very good price movements in the market.

btw, with regards to weekly updates. this is nice! hopefully, you can sustain your enthusiasm to write every week. these updates may give a hint or two to some players here.

[Oilacris]

It is undeniable that before it was the gambling sector, the crypto casinos are one of the main reasons why the massive adoption is happening. But it's different this time and it's the institutions that are having the FOMO of buying bitcoin. As we look to the prices right now, it's one of the highest again, the $55k has been reached surprisingly and didn't expected to be that fast. The tweet of bitcasino purchasing Tesla, I hope that it will be granted by Elon Musk. That's going to be one of the best deals ever that we're going to see in the history if it happens.

yes, that's right. before, in the early days of crypto, gambling is one of the major markets of crypto. they are actually one of the earliest adopters of crypto. and up until now, a large population of crypto users are still into gambling app. but yes, crypto is now entering into financial industry as financial institutions are heavily investing their assets into crypto. which is the reason why we are seeing very good price movements in the market.

btw, with regards to weekly updates. this is nice! hopefully, you can sustain your enthusiasm to write every week. these updates may give a hint or two to some players here.

Blockchain technology doesnt really only limit out on gambling industry but in other industries as well this is why when it comes to versatility then this tech is really top-notch.

Gambling market had soo much demand into this place where its obvious that lots of gambling sites now are popping out but only the best ones do survive and even some of them

are already old and had been trusted for how many years.It would be expected that this would continue as long this market do shows up progression.

[Hippocrypto]

Hi everyone,

Gambling through sportsbooks and casinos seems like a great use case for Bitcoin (and other cryptos) at the moment.

It allows people from countries with strict gambling laws to play with no worry of punishments. It also allows successful gamblers to play without account restrictions placed on them - as they would get at fiat sportsbooks - and a whole host of other benefits.

As this sector is growing fast, I thought I'd write a weekly update about the developments in the crypto sportsbook/casino world.

Feel free to check it out and let me know your thought (there are a couple bets to follow in there too, if that's your thing) - https://bitedge.com/blog/crypto-betting-weekly-19-feb-2021/

Do you guys think gambling could be one of the main catalysts for Bitcoin becoming more widely adopted?

Thanks!

Indeed, I do believe that this is really one of the biggest factor why bitcoin soars higher now. Adoption of bitcoin is more patronized by gamblers, because they could be able to spend money without any hassle. Unlike fiat cash, we need efforts to do gambling and yet it's not practical to gamble these days in real life casino. Mostly, online gambling is more in demand during the time of pandemic due to prevention of virus transmission.

[passwordnow]

It is undeniable that before it was the gambling sector, the crypto casinos are one of the main reasons why the massive adoption is happening. But it's different this time and it's the institutions that are having the FOMO of buying bitcoin. As we look to the prices right now, it's one of the highest again, the $55k has been reached surprisingly and didn't expected to be that fast. The tweet of bitcasino purchasing Tesla, I hope that it will be granted by Elon Musk. That's going to be one of the best deals ever that we're going to see in the history if it happens.

yes, that's right. before, in the early days of crypto, gambling is one of the major markets of crypto. they are actually one of the earliest adopters of crypto. and up until now, a large population of crypto users are still into gambling app. but yes, crypto is now entering into financial industry as financial institutions are heavily investing their assets into crypto. which is the reason why we are seeing very good price movements in the market.

btw, with regards to weekly updates. this is nice! hopefully, you can sustain your enthusiasm to write every week. these updates may give a hint or two to some players here.

That's why we cannot neglect the contributions of the crypto casinos that have been existing during those days and applause to those that are still operating up to this moment. They're one of the services that made bitcoin as a usable currency while many were still in doubt on those days, they just did their thing and accepted it and even made it just for it. They're still existing and also helping to keep the adoption while the institutions just came in, we've got another help from them.

[johhnyUA]

Gambling through sportsbooks and casinos seems like a great use case for Bitcoin (and other cryptos) at the moment.

It allows people from countries with strict gambling laws to play with no worry of punishments. It also allows successful gamblers to play without account restrictions placed on them - as they would get at fiat sportsbooks - and a whole host of other benefits.

In some kind of course, you're right. But the use case about gambling is too far away from initial Bitcoin idea.

Do you guys think gambling could be one of the main catalysts for Bitcoin becoming more widely adopted?

Thanks!

No. I think this is create negative associations. And it would be better for Bitcoin to be associated with something more "natural", like bying goods for it. 

[imstillthebest]

Hi everyone,

Gambling through sportsbooks and casinos seems like a great use case for Bitcoin (and other cryptos) at the moment.

It allows people from countries with strict gambling laws to play with no worry of punishments. It also allows successful gamblers to play without account restrictions placed on them - as they would get at fiat sportsbooks - and a whole host of other benefits.

Not really! Casinos and sportsbook restricts people where such gambling activities are restricted so if you are using IP address from banned countries

maybe he means that some offline gambling are banned on some countries but online gambling have less restriction because there are cases like that and that is possible with the help of cryptos and its decentralization aspect but theres also a crypto gambling that bans countries and if our country is included in the black list we can move on to the next site . bitcoin is the most popular crypto being accepted in online gambling and the more the online gambling being created the more adoption in btc we can get .

[FlightyPouch]

Gambling through sportsbooks and casinos seems like a great use case for Bitcoin (and other cryptos) at the moment.

I don't think so. The price is hugely increasing right now and it is still going strong which shows that investing or asset is the best use for bitcoin and other crypto currencies for now. Well, not just now but in the long run, for sure, it will be the reason why a lot of new investors would go to bitcion and not because they will be gambling.

It allows people from countries with strict gambling laws to play with no worry of punishments. It also allows successful gamblers to play without account restrictions placed on them - as they would get at fiat sportsbooks - and a whole host of other benefits.

That is true though but they should still be worried about the punishment they would be taking. You never know how will these officials would track you down especially for those countries that strictly implement laws against online betting and crypto currency mainly bitcoin. You can get away with VPNs and such but still, please be careful.

As this sector is growing fast, I thought I'd write a weekly update about the developments in the crypto sportsbook/casino world.

There are a lot of news and articles being written on goggle and some of them might get through but that would be amazing. While you're at it, you could add more articles or more news about bitcoin and crypto currencies so it could be a main go-to by some people interested in it.

Do you guys think gambling could be one of the main catalysts for Bitcoin becoming more widely adopted?

It is already one of the main catalysts of bitcoin's adoption. Even in the past, gambling is one of the most popular reasons why a lot of people knew about bitcoin since most of us here are into gambling to start with. The fact that there is a poker sequence embed in its program calls a lot of attention to gamblers and users as well.

[maydna]

Hi everyone,

Gambling through sportsbooks and casinos seems like a great use case for Bitcoin (and other cryptos) at the moment.

It allows people from countries with strict gambling laws to play with no worry of punishments. It also allows successful gamblers to play without account restrictions placed on them - as they would get at fiat sportsbooks - and a whole host of other benefits.

As this sector is growing fast, I thought I'd write a weekly update about the developments in the crypto sportsbook/casino world.

Feel free to check it out and let me know your thought (there are a couple bets to follow in there too, if that's your thing) - https://bitedge.com/blog/crypto-betting-weekly-19-feb-2021/

Do you guys think gambling could be one of the main catalysts for Bitcoin becoming more widely adopted?

Thanks!

For Bitcoin, I don't think it's a great use case because the price of bitcoin now is too expensive for regular people who want to try to play on crypto gambling. Perhaps, it will be a great use case for an altcoin to play crypto gambling as many coins that are not too expensive compared to bitcoin. With the crypto gambling site, people will not have a problem playing gambling because they can visit crypto gambling easily, and as long as their country doesn't restrict access to the crypto gambling site, they can select the site that they want to play.

Gambling can be one of many ways for bitcoin to become adopted widely in all countries, but at this moment, not all people in all countries know about bitcoin. So we need to give time for that, but in the future, bitcoin will become larger than today.

[molsewid]

Hi everyone,

Gambling through sportsbooks and casinos seems like a great use case for Bitcoin (and other cryptos) at the moment.

It allows people from countries with strict gambling laws to play with no worry of punishments. It also allows successful gamblers to play without account restrictions placed on them - as they would get at fiat sportsbooks - and a whole host of other benefits.

As this sector is growing fast, I thought I'd write a weekly update about the developments in the crypto sportsbook/casino world.

Feel free to check it out and let me know your thought (there are a couple bets to follow in there too, if that's your thing) - https://bitedge.com/blog/crypto-betting-weekly-19-feb-2021/

Do you guys think gambling could be one of the main catalysts for Bitcoin becoming more widely adopted?

Thanks!

This one is good, I hope you can update as well regarding to the latest fees and if most of gambling site accepted other altcoins or if some site can enable direct purchasing of coin that can be use in the game or token using bank card either debit or credit. Maybe yes gambling can be the reason for adaptation but little possibility because we know that it is been years since we use bitcoin but most of the country doesn't adapt it yet to include in their casinos.

[xSkylarx]

Feel free to check it out and let me know your thought (there are a couple bets to follow in there too, if that's your thing) - https://bitedge.com/blog/crypto-betting-weekly-19-feb-2021/

This is a good blog to keep getting updated on what is new to different gambling website. Gamblers can also use this as a reference to choose where platform to bet that is more profitable for them.

Do you guys think gambling could be one of the main catalysts for Bitcoin becoming more widely adopted?

I think it would be not good if gambling will be the main catalyst for mass adoption of bitcoin. People would not easily invest in bitcoin if they find out that it is related in gambling. They would think that investing on it would also be a gamble. I would prefer to be the main catalysts for bitcoin is big institutions are investing because they will adapt it on their platform. People would see this as a positive rather than gambling which is often treated as a bad habit.

[robelneo]

Do you guys think gambling could be one of the main catalysts for Bitcoin becoming more widely adopted?

Thanks!

Online Crypto gambling has proven that in the pandemic, these Crypto online gambling sites have raking millions of revenues on those times and until now, this is an industry where Cryptocurrency is making its huge presence, more traditional online gambling sites are making a big switch or adopting Cryptocurrency, soon we will see Cryptocurrency based gambling site the main industry on one gambling gambling 

[jostorres]

Do you guys think gambling could be one of the main catalysts for Bitcoin becoming more widely adopted?

Actually the current popularity of Bitcoins has a lot do with the gambling industry because the casinos like Primedice gave the idea of provably fair games and instant deposits and cashout without any questions being asked and no need to verify identity. Then sportsbet.io came and we before that directbet.eu was there to satisfy our sports betting needs without any worry of being asked for KYC or any documents.

I remember directbet didn't even had an account system which eliminated any risk of being asked for documents and being troubled to withdraw your money. You make a bet, if you win and get your winnings sent to your address directly. Not sure what prompted them to close the services but nevertheless, I cannot emphasize enough on how much casinos and sportsbooks or gambling industry as a whole contributed towards the popularity of Bitcoins.

[Vaskiy]

Do you guys think gambling could be one of the main catalysts for Bitcoin becoming more widely adopted?

Nope, I  don't think so, gamblers   is a small portion of population and they don't  do the trick in BTC adoption. For example those people who  live in Africa and who  are considered to be the first wide BTC adopters are not gamblers at all. Their economic situation prevents them from any risky business that in fact the gambling is. And It is very hard to think they will spend their bitcoin  in games of chance.

Maybe now the gambling community isn't good with the wide adoption of bitcoin, but during the early days of bitcoin gambling served as a big platform for the widespread and growth. In simple, if Bitcoin hasn't got used by gambling sites during those days then it couldn't have reached such a level of growth by now.

[Hamphser]

Do you guys think gambling could be one of the main catalysts for Bitcoin becoming more widely adopted?

Nope, I  don't think so, gamblers   is a small portion of population and they don't  do the trick in BTC adoption. For example those people who  live in Africa and who  are considered to be the first wide BTC adopters are not gamblers at all. Their economic situation prevents them from any risky business that in fact the gambling is. And It is very hard to think they will spend their bitcoin  in games of chance.

Maybe now the gambling community isn't good with the wide adoption of bitcoin, but during the early days of bitcoin gambling served as a big platform for the widespread and growth. In simple, if Bitcoin hasn't got used by gambling sites during those days then it couldn't have reached such a level of growth by now.

To know that this isnt only talking about gambling but other industries as well but we cant really deny that Gambling industry did really make out such impact
nor had contributed when it comes to awareness or simply with adoption this is why we cant really cross that one out and its no surprise that it did become
even way more bigger into this market.Adoption does talk about in different sources or paths.

[Becky666]

<snip..>
Do you guys think gambling could be one of the main catalysts for Bitcoin becoming more widely adopted?

Thanks!

Generally the gambling industry is really a catalysts for Bitcoin and cryptocurrency generally, sometimes years back i usually see gambling as a means to do illegal act, but the moments the cryptocurrency came gamblers went into the gambling world wholeheartedly, still remember that, this Bitcoin was one of the motivator for my entry into gambling.

[magneto]

Hi everyone,

Gambling through sportsbooks and casinos seems like a great use case for Bitcoin (and other cryptos) at the moment.

It allows people from countries with strict gambling laws to play with no worry of punishments. It also allows successful gamblers to play without account restrictions placed on them - as they would get at fiat sportsbooks - and a whole host of other benefits.

As this sector is growing fast, I thought I'd write a weekly update about the developments in the crypto sportsbook/casino world.

Feel free to check it out and let me know your thought (there are a couple bets to follow in there too, if that's your thing) - https://bitedge.com/blog/crypto-betting-weekly-19-feb-2021/

Do you guys think gambling could be one of the main catalysts for Bitcoin becoming more widely adopted?

Thanks!

Gambling could certainly be a niche that crypto is able to fill - and it is one with quite a lot of revenue involved as well.

In terms of mass-scale, institutional adoption though, this is too far fetched. Most regulated gaming entities are unable to offer services to restricted areas/countries, and this is not something that crypto is able to circumvent.

Also, you have to appreciate the downsides. Since most operators in the crypto space are unregulated, it means that they are more arbitrary when it comes to the operations. There is never a guarantee that you will get your funds back once you make a deposit since there is completely no oversight - great for anonymity and privacy, but not so great for safety of funds.

[South Park]

Do you guys think gambling could be one of the main catalysts for Bitcoin becoming more widely adopted?

Thanks!

One of the earliest uses for bitcoin and cryptocurrencies in general was gambling, people very soon realized that being able to gamble with a currency that brings you a level of anonymity is really important, we must not forget there are still many countries in which gambling has a very unfavourable stigma and many do not want to leave any kind of trace they have been gambling even if they have their gambling under control and they gamble just to have some fun, and bitcoin without a doubt provides the means to do so which is why the gambling industry is one of the most important in this market and it will keep being so during the next years and decades.

[maxreish]

Thats how crypto been widely used. As bitcoin and other altcoins has been made not only for crypto payments, blockchain purposes but also can be used for gambling/gaming purposes.

Also, crypto gambling websites tend to reach some players even on their homes by betting on sports, playing some casino slots and other games thru crypto coins. This innovative offers frictionless gaming for players. Not only that but it can also promotes great use and purpose for cryptocurrency.

[Lorence.xD]

Thats how crypto been widely used. As bitcoin and other altcoins has been made not only for crypto payments, blockchain purposes but also can be used for gambling/gaming purposes.

Also, crypto gambling websites tend to reach some players even on their homes by betting on sports, playing some casino slots and other games thru crypto coins. This innovative offers frictionless gaming for players. Not only that but it can also promotes great use and purpose for cryptocurrency.

More people want privacy when they are gambling so they use cryptocurrency to gamble because there is no money trail that is going to affect their personal life if they are trying to hide their gambling addiction or habits. The way I see it, gambling reaches the people at home through advertisements from the sports that have been sponsored by this gambling websites.

[maydna]

Thats how crypto been widely used. As bitcoin and other altcoins has been made not only for crypto payments, blockchain purposes but also can be used for gambling/gaming purposes.

Also, crypto gambling websites tend to reach some players even on their homes by betting on sports, playing some casino slots and other games thru crypto coins. This innovative offers frictionless gaming for players. Not only that but it can also promotes great use and purpose for cryptocurrency.

More people want privacy when they are gambling so they use cryptocurrency to gamble because there is no money trail that is going to affect their personal life if they are trying to hide their gambling addiction or habits. The way I see it, gambling reaches the people at home through advertisements from the sports that have been sponsored by this gambling websites.

Besides want privacy, people want to use different currencies besides using fiat money. They can still use fiat for something in their real life while using crypto to gamble. If they can manage how they use their money, they will not have a problem with using fiat and crypto for their life. But the privacy will be one thing that they concern about because by using crypto, they don't have to verify their account to just playing gambling. The Crypto gambling business will grow because of the use of crypto, making cryptocurrency popular.