Why is Gamble gaining more fans than Bitcoin?

[Issa56]

One of the numerous reasons why gambling is getting more popularity than Bitcoin is because it has been around longer. Since gambling has been around for thousands of years, practically everyone in the world is aware of it. Additionally, since it is something that people do everywhere, whether online or off, learning about it is simple because of how frequently they engage in it today.

Its surprising to me that bitcoin already has this huge popularity already, bitcoin was just created in 2009, and within a short period of time it as gain a massive recognition and adoption, just imagine how recognized bitcoin will be in the next maybe 50 to 100 years. Bitcoin was created few years ago and its still growing rapidly, their are some places that those not even know about bitcoin yet, and we all don't just expect everyone to know about bitcoin once, bitcoin adoption is spreading rapidly. Gambling have being in existence for years now that's why it has gotten enough recognition by people.

another reason why it is more popular than Bitcoin is that many nations have not recognized Bitcoin as legal cash.

You are right, the governments are still agint bitcoin, they know that bitcoin cant be control, and we all know the government is always againt anything they dont have control over, thats why they are against bitcoin, but its just a matter of time, sooner or later they wont have choice than to adopt bitcoin. All we want is bitcoin to be a alternative currency and they can still keep on manipulating their fiat currency.

And if we need to confirm, many people who are interested in gaining are also those who are anxious to earn money quickly. As a result, many people prefer to take the risk of gambling over that of Bitcoin, even though they are aware that the gambling risk is bigger.

People believe you can easily make quick money in gambling compare to bitcoin, if you are looking for quick money, then bitcoin is not for you because I don't know any way which you can make quick money with bitcoin, but if you can have patience and you are prepared to learn, then you are going to make money in bitcoin, but most people don't have the patience and they are not really ready to read.

[Wakate]

Even if it's real we know that there are some people that are already been fans of traditional gambling that find it convenient to play online as well. As you said we don't have the total statistic but obviously that doesn't really need because we know that gamblers are already there before the invention of bitcoins and most likely they have already been there and are probably already huge in numbers. But bitcoins are making slow progress towards adoption by other countries and surely it will be different stories and bitcoins will show positive news in the future.

Yes and some people more prefer to play using traditional casinos because they are comfortable it, also if you will notice most of the traditional gamblers are at the range of old people so it means it is kinda hard for them to get used to gambling in crypto and they are at risk unless they are so techy and they have someone to teach them some things that can help them to understand things.

  Traditional casinos are more easier with a good reputation especially when it had been in service for a very long time. Those that prefer traditional casinos to  online crypto casinos take that decision because they had been getting results from what they do for many years now. They don't want to fall Victim to the risk of putting fund on online casino and there accounts get locked for one reason or the other. There are also bad casinos too that had made people looking for online casinos to fall in the wrong hands losing there entire deposit and funds.

[DoublerHunter]

~snipp~

Yes and some people more prefer to play using traditional casinos because they are comfortable it, also if you will notice most of the traditional gamblers are at the range of old people so it means it is kinda hard for them to get used to gambling in crypto and they are at risk unless they are so techy and they have someone to teach them some things that can help them to understand things.

  Traditional casinos are more easier with a good reputation especially when it had been in service for a very long time. Those that prefer traditional casinos to  online crypto casinos take that decision because they had been getting results from what they do for many years now. They don't want to fall Victim to the risk of putting fund on online casino and there accounts get locked for one reason or the other. There are also bad casinos too that had made people looking for online casinos to fall in the wrong hands losing there entire deposit and funds.

^ Many people who prefer traditional casinos over online crypto casinos make this choice because they have experienced positive outcomes over the years. One major concern for those opting for traditional casinos is the potential risk associated with online platforms. They fear the possibility of their funds being locked or accounts getting compromised due to various reasons. Such incidents can lead to frustrating experiences and financial losses, which deter them from venturing into online crypto casinos and the presence of bad online casinos adds to the skepticism. These rogue casinos have caused some individuals to fall victim to scams, resulting in the loss of their entire deposits and funds. This negative aspect of online casinos contributes to the preference for traditional establishments, where there is a physical presence and more familiarity in terms of operations. But now, it is different since we have all aware the how to avoid those negative outcomes using online casinos and we are lucky to be here in the forum which always updated.

[jaberwock]

the truth is that people love to gamble rather than invest. Maybe they'd just know about Bitcoin because it was already been an option now in gambling sites but thinking this would give them interest, I don't think so. Because as long as fiat still exists, we can't assure that gamblers will choose Bitcoin, with the high fees and transaction delay - that was a big deal for them.

Yes, we can't compare Bitcoin to gambling in any aspect and much more about popularity because whether we like it or not, Gambling has been known for many years and people are happy despite suffering losses.

You are right when you say that and even investing itself can also be considered as gambling because we are staking our money in a volatile asset which has an unpredictable future and whose price is subject to a lot of factors. Before crypto gambling exist, crypto came out first so people already know Bitcoin just before they step in, inside a crypto casino. Some crypto casinos has an invest in bankroll feature and staking and both of them can give us an interest. Fiat is different from Bitcoin, so there will always be people who choose Bitcoin over it or they will choose to play on a crypto casino because it can provide them anonymity.

[LUCKMCFLY]

People are more interested in gambling than Bitcoin. Although gambling has more ricks than investing in bitcoins, people are developing a form of gambling addiction. If you are involved in gambling then you will have the possibility of both profit or loss but if you invest in bitcoin you will definitely have profit but you have to wait for long time to get that profit. Of course in gambling you don't have to wait long to get that profit but if you invest in gambling then your capital will likely be zero but in case of Bitcoin your worth will never be zero.

It is still not guaranteed that if ever you do gambling, you will gain profit in a short period of time because we know that gambling is for fun and not for profit, and most of the time you'll lose. Unlike investment, you have a higher chance of gaining profit, but again, it takes time. The reasons really why people go into gambling are the thrill and fun of it, though that doesn't mean that investing is not fun; it is just kind of like saying that playing basketball is more fun than reading and studying.

Well, I really doubt that Bitcoin lovers prefer the game more than Bitcoin itself, Bitcoin is much bigger, and I think there is no dispute, that bitcoin and casinos can be associated because Bbitcoin also represents money, but betting is bigger, betting cannot be bigger, bitcoin also represents more than being able to play, it is money, it is investment, it is market speculation, and all this is from a long time ago, in fact bitcoin has made casinos grow their business even more and that is something that cannot be denied, now we can compare who bets has more followers than bitcoin does not.

Things when it comes to bitcoin since it has a somewhat large value compared to some years that was 300usd 5000usd $10k, $20k, $30k and even a large ath, all of that is daring, if they have come to make comparisons, analogies with Bitcoin and Gold, so the fact that casinos have grown so much is thanks to Bitcoin and cryptocurrencies, because casinos have seen huge growth in volume and everything.

When we begin to evaluate, when we want to play in a crypto casino, the transactions are faster, there is no bank or government entity that tells us yes or no, no, we make the transaction and that's it, instead with that money if the transactions are through transfers, there may be a risk that it does not arrive immediately or it stays there waiting for the transfer, many things can happen, on the other hand with bitcoin or any cryptocurrency it arrives at once, right now many players do not care what I like it is that they are asking for KYC, but it is the only thing, whether or not it comes from regulation, surely nobody likes it.

When I think about casinos, the first thing that at least comes to my mind is that if the casino accepts crypto or other cryptocurrencies, I don't know, but it is easier for me than a casino that uses fiat money, in particular it is It is easier to use crypto and bitcoin than fiat money due to all the rules that exist , in bitcoin the profits or erpdedidas are at once, and if fast money is needed, a simple withdrawal is made and in a matter of seconds our btc is in our wallet, for me that is all that matters, in fiat money it is not like that, but in general terms the casino and this industry have gained more followers because Bitcoin lovers see this type of fun, but therefore bitcoin is the that has Undoubtedly Opened the doors.

[mirakal]

Even if it's real we know that there are some people that are already been fans of traditional gambling that find it convenient to play online as well. As you said we don't have the total statistic but obviously that doesn't really need because we know that gamblers are already there before the invention of bitcoins and most likely they have already been there and are probably already huge in numbers. But bitcoins are making slow progress towards adoption by other countries and surely it will be different stories and bitcoins will show positive news in the future.

Yes and some people more prefer to play using traditional casinos because they are comfortable it, also if you will notice most of the traditional gamblers are at the range of old people so it means it is kinda hard for them to get used to gambling in crypto and they are at risk unless they are so techy and they have someone to teach them some things that can help them to understand things.

  Traditional casinos are more easier with a good reputation especially when it had been in service for a very long time. Those that prefer traditional casinos to  online crypto casinos take that decision because they had been getting results from what they do for many years now. They don't want to fall Victim to the risk of putting fund on online casino and there accounts get locked for one reason or the other. There are also bad casinos too that had made people looking for online casinos to fall in the wrong hands losing there entire deposit and funds.

It's either that they are already okay with it and choose to socialize in people which is part of the reason why they don't want to change their settings or they are not that open to play in online casinos because it will be a new place for them for which they are not that comfortable to begin with. Overall, it's the people's preference which is why they are choosing traditional over the online casinos or the other way around.

Back to the topic, why is gamble gaining more fans than bitcoin? Answer is simple and so I'll make it simple, there are more gamblers in this world compared to the people who actually invested in bitcoin or other cryptocurrencies in the market.

[Blitzboy]

People are more interested in gambling than Bitcoin. Although gambling has more ricks than investing in bitcoins, people are developing a form of gambling addiction. If you are involved in gambling then you will have the possibility of both profit or loss but if you invest in bitcoin you will definitely have profit but you have to wait for long time to get that profit. Of course in gambling you don't have to wait long to get that profit but if you invest in gambling then your capital will likely be zero but in case of Bitcoin your worth will never be zero.

It is still not guaranteed that if ever you do gambling, you will gain profit in a short period of time because we know that gambling is for fun and not for profit, and most of the time you'll lose. Unlike investment, you have a higher chance of gaining profit, but again, it takes time. The reasons really why people go into gambling are the thrill and fun of it, though that doesn't mean that investing is not fun; it is just kind of like saying that playing basketball is more fun than reading and studying.

Well, I really doubt that Bitcoin lovers prefer the game more than Bitcoin itself, Bitcoin is much bigger, and I think there is no dispute, that bitcoin and casinos can be associated because Bbitcoin also represents money, but betting is bigger, betting cannot be bigger, bitcoin also represents more than being able to play, it is money, it is investment, it is market speculation, and all this is from a long time ago, in fact bitcoin has made casinos grow their business even more and that is something that cannot be denied, now we can compare who bets has more followers than bitcoin does not.

Things when it comes to bitcoin since it has a somewhat large value compared to some years that was 300usd 5000usd $10k, $20k, $30k and even a large ath, all of that is daring, if they have come to make comparisons, analogies with Bitcoin and Gold, so the fact that casinos have grown so much is thanks to Bitcoin and cryptocurrencies, because casinos have seen huge growth in volume and everything.

When we begin to evaluate, when we want to play in a crypto casino, the transactions are faster, there is no bank or government entity that tells us yes or no, no, we make the transaction and that's it, instead with that money if the transactions are through transfers, there may be a risk that it does not arrive immediately or it stays there waiting for the transfer, many things can happen, on the other hand with bitcoin or any cryptocurrency it arrives at once, right now many players do not care what I like it is that they are asking for KYC, but it is the only thing, whether or not it comes from regulation, surely nobody likes it.

When I think about casinos, the first thing that at least comes to my mind is that if the casino accepts crypto or other cryptocurrencies, I don't know, but it is easier for me than a casino that uses fiat money, in particular it is It is easier to use crypto and bitcoin than fiat money due to all the rules that exist , in bitcoin the profits or erpdedidas are at once, and if fast money is needed, a simple withdrawal is made and in a matter of seconds our btc is in our wallet, for me that is all that matters, in fiat money it is not like that, but in general terms the casino and this industry have gained more followers because Bitcoin lovers see this type of fun, but therefore bitcoin is the that has Undoubtedly Opened the doors.

What you say about Bitcoin being larger, gambling, casinos, and everything else is quite remarkable. Bitcoin generates capital, investment, and conjecture. Its like the heartbeat of the crypto world, and sure, bitcoin has contributed to the expansion of casinos. Bitcoin is similar to a magic wand in the world of online gaming and casinos, correct?

Bitcoin makes everything simple and quick; do you want to gamble in a casino? Your Bitcoin grants you entry as a VIP. Transfers, competing, and winning are all accomplished in a flash! As you mentioned, Bitcoin possesses its enchantment regardless of its value, be it $300 or $30,000. Bitcoin is all about having joy, and that is the truth. Bitcoin is essentially the door key to the casino and this industry. And everyone enjoys keys, correct?

[wiss19]

Weird question. Gambling is an ancient reliable and simple business, just like baking bread. Even if there is a total adoption, gambling will still be more popular than bitcoin, and I'm talking not only about investing in bitcoin (there are always much fewer investors than ordinary users), but about all areas of application in general.

It indeed is a weird question and comparison. I don't understand why would someone compare the fan base of Bitcoin with the fan base of gambling because both of these are totally different things. Gambling is a business that has been around for centuries, there have been changes and upgrades, and updates in all aspects of gambling, but it has been there when there used to be no date, and Bitcoin, on the other hand, is an innovation that is only a decade old yet.

So it shouldn't really be surprising that gambling is gaining more fans than Bitcoin, also after knowing that gambling has a different kind of attraction for gamblers towards it that makes them addicted to it, and Bitcoin is not addictive, it is just a great and useful innovation of today's era.

[avp2306]

Weird question. Gambling is an ancient reliable and simple business, just like baking bread. Even if there is a total adoption, gambling will still be more popular than bitcoin, and I'm talking not only about investing in bitcoin (there are always much fewer investors than ordinary users), but about all areas of application in general.

It indeed is a weird question and comparison. I don't understand why would someone compare the fan base of Bitcoin with the fan base of gambling because both of these are totally different things. Gambling is a business that has been around for centuries, there have been changes and upgrades, and updates in all aspects of gambling, but it has been there when there used to be no date, and Bitcoin, on the other hand, is an innovation that is only a decade old yet.

So it shouldn't really be surprising that gambling is gaining more fans than Bitcoin, also after knowing that gambling has a different kind of attraction for gamblers towards it that makes them addicted to it, and Bitcoin is not addictive, it is just a great and useful innovation of today's era.

Really weird because its so different, he can't compare gambling to bitcoin since in first place bitcoin is currency and that one is activity.

Maybe OP overthink to much that's why he come up with those questions that its really hard to connect.

Although gambling exist for so many decades and its just other gambling operator just want to adopt new things that they can use where they cannot get disturb easily by government that's why we can see crypto casino exist because they see how big the potential of bitcoin when they use it as their main currency.

[Twentyonepaylots]

It indeed is a weird question and comparison. I don't understand why would someone compare the fan base of Bitcoin with the fan base of gambling because both of these are totally different things. Gambling is a business that has been around for centuries, there have been changes and upgrades, and updates in all aspects of gambling, but it has been there when there used to be no date, and Bitcoin, on the other hand, is an innovation that is only a decade old yet.

So it shouldn't really be surprising that gambling is gaining more fans than Bitcoin, also after knowing that gambling has a different kind of attraction for gamblers towards it that makes them addicted to it, and Bitcoin is not addictive, it is just a great and useful innovation of today's era.

Indeed. Online gambling offers easy access to a wide variety of games and the chance to win big. Still, the downside, it also carries the risk of addiction and potential loss of funds when greediness overpowers. On the other hand, bitcoin attracts people who are more into trading/investing as it offers a decentralized and secure way to make transactions. Still, its value can be volatile, requiring a more profound understanding than gambling. When it comes to online gambling and Bitcoin, there are pros and cons to both. Ultimately, individuals must weigh the risks and benefits before deciding which option to involve themselves.

[freedomgo]

Weird question. Gambling is an ancient reliable and simple business, just like baking bread. Even if there is a total adoption, gambling will still be more popular than bitcoin, and I'm talking not only about investing in bitcoin (there are always much fewer investors than ordinary users), but about all areas of application in general.

It indeed is a weird question and comparison. I don't understand why would someone compare the fan base of Bitcoin with the fan base of gambling because both of these are totally different things. Gambling is a business that has been around for centuries, there have been changes and upgrades, and updates in all aspects of gambling, but it has been there when there used to be no date, and Bitcoin, on the other hand, is an innovation that is only a decade old yet.

So it shouldn't really be surprising that gambling is gaining more fans than Bitcoin, also after knowing that gambling has a different kind of attraction for gamblers towards it that makes them addicted to it, and Bitcoin is not addictive, it is just a great and useful innovation of today's era.

Really weird because its so different, he can't compare gambling to bitcoin since in first place bitcoin is currency and that one is activity.

Maybe OP overthink to much that's why he come up with those questions that its really hard to connect.

Although gambling exist for so many decades and its just other gambling operator just want to adopt new things that they can use where they cannot get disturb easily by government that's why we can see crypto casino exist because they see how big the potential of bitcoin when they use it as their main currency.

Yes, that might be it that the OP might've over complicated the situation where-in he did a comparison between bitcoin and gambling when in the first place it's not even comparable. Maybe he thought that somehow it would be comparable because gambling platforms are now taking cryptocurrency as a form of deposit instead of the usual where fiat is needed. Still, it's not really the same because gambling has been with us for a couple of centuries now while bitcoin is still making its name known throughout the world while having the challenge of being banned by other governments.

[AbuBhakar]

Really weird because its so different, he can't compare gambling to bitcoin since in first place bitcoin is currency and that one is activity.

Maybe OP overthink to much that's why he come up with those questions that its really hard to connect.

I think he is using the risk as common factor to base this comparison. Gambling is very risky but still many are interested on it compared to Bitcoin. I believe his question is due to the difference of community while Bitcoin is much more better than gambling in profitability while with same involves risk.

He maybe confused why the people that interested on gambling doesn’t use Bitcoin too. This comparison is really absurd and very hard to understand but thinking that Gambling community is still much larger than Bitcoin holders while you can gamble using Bitcoin is makes me think too.  

[Silberman]

It indeed is a weird question and comparison. I don't understand why would someone compare the fan base of Bitcoin with the fan base of gambling because both of these are totally different things. Gambling is a business that has been around for centuries, there have been changes and upgrades, and updates in all aspects of gambling, but it has been there when there used to be no date, and Bitcoin, on the other hand, is an innovation that is only a decade old yet.

So it shouldn't really be surprising that gambling is gaining more fans than Bitcoin, also after knowing that gambling has a different kind of attraction for gamblers towards it that makes them addicted to it, and Bitcoin is not addictive, it is just a great and useful innovation of today's era.

Indeed. Online gambling offers easy access to a wide variety of games and the chance to win big. Still, the downside, it also carries the risk of addiction and potential loss of funds when greediness overpowers. On the other hand, bitcoin attracts people who are more into trading/investing as it offers a decentralized and secure way to make transactions. Still, its value can be volatile, requiring a more profound understanding than gambling. When it comes to online gambling and Bitcoin, there are pros and cons to both. Ultimately, individuals must weigh the risks and benefits before deciding which option to involve themselves.

They serve two completely different functions and taking this into account it becomes incredibly easy to choose between the two as anyone that is looking for some entertainment should pick gambling while anyone that is thinking about increasing their capital should look at bitcoin instead, now this does not mean that you could not have fun with bitcoin, after all it is undeniable that seeing the value of your investment grow during a bull run is very entertaining, but that is not its main function.

[LUCKMCFLY]

What you say about Bitcoin being larger, gambling, casinos, and everything else is quite remarkable. Bitcoin generates capital, investment, and conjecture. Its like the heartbeat of the crypto world, and sure, bitcoin has contributed to the expansion of casinos. Bitcoin is similar to a magic wand in the world of online gaming and casinos, correct?

Bitcoin makes everything simple and quick; do you want to gamble in a casino? Your Bitcoin grants you entry as a VIP. Transfers, competing, and winning are all accomplished in a flash! As you mentioned, Bitcoin possesses its enchantment regardless of its value, be it $300 or $30,000. Bitcoin is all about having joy, and that is the truth. Bitcoin is essentially the door key to the casino and this industry. And everyone enjoys keys, correct?

Of course, that is a fact, and I am not saying it just because I am a technology enthusiast or I really like bitcoin and partly because I am very optimistic, I say it from the point of view that I have seen the number of doors that are opening bitconi to the world, it is well known that things here can look much better when bitcoin takes the leading role that it is, we have seen that some countries are putting regulations to see if they can access a bit of all the benefits that bitcoin brings bitcoin, the best thing is that bitcoin is not controlled by government agents, banks or third parties, in this truck we see the great relevance it has.

If we look at it from the point of view of history, we have more than 10 relevant years with bitcoin and despite so many attacks that have even been classified as a bubble and among other things, for me when it comes to casinos, sports betting and everything that has to do with this is a plus, why? Pesopnas will always find a way to have fun, sometimes because of what I have said about the problem of fiat money, if you have a credit card and suddenly want to make a deposit to a broker or casino and they reject this type of transaction, I say this properly because it has happened to me, so if I have Bitcoin things are different, because if I need 500usd and I transfer it to bitcoin it is easier to make the transaction, the only way I have to do the lutorization only depends on me, and Yes, it was done, so this is something that makes life much easier for people, now casinos, betting houses have a lot to do with the ease of using casinos, casinos today are more famous thanks to technology bitcoin, of all cryptocurrencies, and that is something that is not denied, however, I am sorry that some users think that casinos are bigger for the fact that they use bitcoin, but if that means that Bitcoin is bigger, then even some very good debates can be held, as long as the adoption is greater.

[Josefjix]

They serve two completely different functions and taking this into account it becomes incredibly easy to choose between the two as anyone that is looking for some entertainment should pick gambling while anyone that is thinking about increasing their capital should look at bitcoin instead, now this does not mean that you could not have fun with bitcoin, after all it is undeniable that seeing the value of your investment grow during a bull run is very entertaining, but that is not its main function.

We sets targets and achieved them, that's how life operates. Bitcoin investment and gambling are two different things, we should try as much as possible to know the differences. Gambling gaining more fans than bitcoin? Oh yeah, because gamble have been in existence from the very start, in the pre-historic era, gamble have always been what triggered most influential and average individuals to gain either hugh profits or losses, depending on which side you're on, but try to be on the winning side, that's basically the only way to enjoy gambling.

[maydna]

They serve two completely different functions and taking this into account it becomes incredibly easy to choose between the two as anyone that is looking for some entertainment should pick gambling while anyone that is thinking about increasing their capital should look at bitcoin instead, now this does not mean that you could not have fun with bitcoin, after all it is undeniable that seeing the value of your investment grow during a bull run is very entertaining, but that is not its main function.

We sets targets and achieved them, that's how life operates. Bitcoin investment and gambling are two different things, we should try as much as possible to know the differences. Gambling gaining more fans than bitcoin? Oh yeah, because gamble have been in existence from the very start, in the pre-historic era, gamble have always been what triggered most influential and average individuals to gain either hugh profits or losses, depending on which side you're on, but try to be on the winning side, that's basically the only way to enjoy gambling.

While until now, there are still many people who don't know about bitcoin or want to use bitcoin for profit. And that's what makes bitcoin maybe still needs more adoption from people, and when later people start coming and using it, they might see that it turns out that it can be used for gambling. And perhaps they will also start gambling using bitcoins and investing in them. If you want to get big profits, you can try to choose to invest in bitcoin instead of playing gambling using bitcoin. That's because holding bitcoins for a certain period can provide large returns in the future.