Is this time to dive into Bitcoin Casinos?

Discussion in 'Anything Goes' started by Book of Ra review, Nov 11, 2017.

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    TheGooner

    TheGooner Affiliate Guard Dog Member

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    Actually - It's pretty much the same.

    I still object to being forced to take BTC as a payment method - it's inefficient - and takes around 2 hours of my time to receive the funds and transfer it to fiat currency via an exchange. My affiliation business does NOT need the hassle and he potential devaluation.

    However, I will acknowledge the forced accelerated learning about crypto-currency that the situation provided, which enabled me to become an early adopter and see some staggering increases in values over the last year. THAT WAS HUGELY ADVANTAGEOUS.

    As a personal investment opportunity for 1% of my wealth, this area has some great opportunities outside Bitcoin. XRP, ETH, PAY, OMG, QTUM and even LTC to name a few.

    So I am still crypto positive - but "forced payment" negative/

    -------------------------

    Note to Roulette Zeitung - and other no-coiners out there - that automatically nay-say a vast field of human endeavour without really taking the time to investigate it.

    There is a vast universe of tokens and projects out there beyond Bitcoin - in fact I note today that BTC is just 34% of the total market cap. So there are literally over 1200+ additional tokens and projects worth and additional 2x more than BTC.

    I'll provide a link today that links all the projects - and you can go into the individual projects via the site and actually learn more about each and every one and choose what to invest in.

    Crime exists everywhere with almost every medium of wealth. Cash probably makes up 99% of it as it's so easily used. But gold, diamonds, bearer bonds etc all also provide higher value anonymous sources of funding. Bitcoin is NOT anonymous. It is completely trackable and traceable.

    If criminals ARE SAVVY enough to understand bitcoin and use it they should not be dumb enough to use a medium that tracks and traces each and every movement. There ARE anonymous crypto-tokens but bitcoin is not one of them - and only idiots or ignorants (like Jamie Dimon) maintain the belieft that it is so.

    DO YOUR RESEARCH/

    link : https://coinmarketcap.com/all/views/all/
     
    Last edited: Jan 5, 2018
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    slotplayer

    slotplayer Affiliate Guard Dog Member

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    In the mean time, why not make a few bucks off it?
     
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    PROFRBcom

    PROFRBcom Rakeback affiliate and professional poker player.

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    Not "crypto", but "bitcoin". Other cryptos have low fees. Bitcoin Core has been hobbled by the developers who I suspect have ulterior motives. That coupled with interest from huge appreciation as well as some malicious attacks and Bitcoin is quite expensive to use compared to last year (20x) and from the year before (1000x).

    Bitcoin Cash, the fork from August 1st 2017, can still be sent for pennies. Odds are you'll make it into the next block too (10m transactions).
     
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    NDG

    NDG Affiliate Guard Dog Member

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    My advice would be to promote online casinos that offer crypto-currencies as an expansion
    of your existing web site, and not put all of your focus on players using those currencies.

    Nobody knows what will happen with the crypto-currencies. It may be a bubble that ends up bursting soon,
    or it may go on for a long time, and the blockchain may evolve into something bigger, better and more efficient.

    If their is criminal activity with the crypto-currencies, then weed out the criminals. We must
    get ourselves out of the mindset that if criminals are using something, then it must be bad.
     
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    RazorGamer

    RazorGamer AGD Member Ltd

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    That is very well said, NDG :)
     
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    Casino Extreme

    Casino Extreme Affiliate Program Representative

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    True indeed ABC ,the current price doesn't favor an average casino users to use BTC as the cost is just high .At one point it was cheap fast and secure but now it's not worth it to deposit smaller amounts . That's from players perspective and the feedback's we keep getting every day .
     
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    postingterus168

    postingterus168 New Member

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    Is really good and useful if playing casino using bitcoin? i not sure about it.
     
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    Kadabra

    Kadabra Affiliate Guard Dog Member

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    for small players definitely not. the fees are too high. and since most players wish to play the same moment and not to wait 24 hours, for small deposits the fees are insane.
    however in US, not many options...
     
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    postingterus168

    postingterus168 New Member

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    But if playing using paypal or visa,Mastercard is better than bitcoin. I think so.. how about u?
     
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    RazorGamer

    RazorGamer AGD Member Ltd

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    Hey, yes, absolutely! Bitcoin is the go. Because with Bitcoin, there are no conditions with it whatsoever and it is also available worldwide :)
     
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    postingterus168

    postingterus168 New Member

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    but why now so many using bitcoins for play? o_O
     
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    RazorGamer

    RazorGamer AGD Member Ltd

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    I think it's just because there are no restrictions involved, mainly. Also, I think that Butcoins are more easily accepted and their value (in USD) is always fluctuating. It's mainly more rising in value than the opposite way around.

    Good luck to you! ;)
     
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    Kadabra

    Kadabra Affiliate Guard Dog Member

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    the comparison is not really relevant. In US paypal is not available (except NJ and such) and credit cards approval rate is low.
     
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    postingterus168

    postingterus168 New Member

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    Thank you for the explain..
     

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