Bitcoin Bitcoin and Gambling

When you are gambling do you take money in the form of bitcoins? I know that some people will, but I don't think that I would. I would much rather have it go to my paypal and get real money.

 

I agree with you.
Bitcoins look and feel less like money to me so i tend to trow em away gambling in a tilt.

 

i both have.
but in bitcoin u need to know it got transaction fee in blockchain and also got affected by bitcoin liquidity

 

Just do the way u feel good.
one of the most important in Gambling is heart also xd

 

You can always find a way to spend bitcoins - China sellers have some online shops where you can buy with bitcoin. Also, you can play on bitcoin the way you can play on Forex - prices fall and go up really fast, i found a guy (back in 2011) that now had bought a car and supplied the whole family because of bitcoin hype.

 

I advice that u can seperated bitcoin gambling and cash gambling.
Bitcoin value will be high so may be u can cash out some and keep some, depends on your portfolio.

Remember bitcoin is digital gold.

 

wow! are there many such luckies? I don't know them, unfortunatelly...

 

I've seen some casinos offering deposits via bitcoin.. is it safe?

 

Bitcoin is generally unsafe ... does it have any confidence in someone?

 

It is gambling like but can be done very sensibly. It is all about right ways about doing things. I feel that Bitcoin alone shouldn’t be the option. We need to look around and for me; it is fair to say that BitConnect - bitconnect.co/ is the BEST project that is in range for all type of investors and with their variety of investments options, it makes them a revolutionary option for all involved in order to gain.

 

The advantage to gambling using bitcoin is that there is a high probability that bitcoin will increase in value, and increase a lot. When was the last time your $1 USD increased in value? I mean, 1 btc today is around $7500, and if you started to just grow your btc stack and take some out when you needed the cash when btc was high, you could legitimately be sitting on a nice pile of money in a year.

 

Yes, it is. There are many well known names which accept both, fiat currencies and cryptocurrencies at the same time.

 

Hi people, I have a problem, I need advice about bitcoin. Can someone help me?

 

what the issue is?

 

I prefer gambling with bitcoin due to the eight decimal places compared to the USD's two. This allows you to make less money last you more bets starting with a low base bet and trying to win what you lost on the last roll(s) plus some is a strategy that you would never lose if you didn't run out of money. At some point you would win and get everything back. At which point you return to your base bet, with the dollar your lowest base bet is $0.01 a penny. However with bitcoin your lowest base bet is $0.0000875 which is 0.00000001 BTC or 1 "satoshi" (100,000,000 satoshi = 1 BTC). So you can turn your 1 USD bet is a penny in BTC is 114 bets as 1 penny = 114 Satoshi. (If 1BTC =$8770 USD)

But you could use Dogecoin instead 1000 DOGE = $3.89 and the DOGE has just as many decimal places as the bitcoin so
0.00000001 DOGE = $0.00000000003. We should start a thing call the DOGE "satoshi" a "PUP". lol. This means where you get 1 lowest possible bet with the USD you can have 256,867,348 small bets with DOGE before you reach the same $0.01 value. The 100 bets with $1.00 USD becomes 25.7 billion bets with DOGE!!! That is a lot of bets for a buck! It is almost like you cant run out. But you don't make a thing either..sigh



I made a google spreadsheet if you want to check it out.You mat have to get the Cryptofinanace add-on for it to work.

Also, if you like cash in your paypal that is no big deal. Just get your coins into Bitcoin, Etherem, Bitcoin Cash, or Litecoin and sell them for USD at Gdax then transfer that to you Coinbase for free and ploop, you got cash in your Paypal. After you do that a few times you will get tired of the back and forth and forget you have a paypal. It makes you sad when you sale your BTC for $8000/BTC and 2 days later they are worth $20,000/BTC. Then you want some bitcoin and you realize your USD can buy less the half of what you had a few days ago.

Crypto is like money but unlike the USD there is less of it in circulation then monopoly money. It cant just be printed out like the dollar. Someone has to earn crypto into existence.

Scary thing the USD is our biggest export and it is starting to anger people we trade with we just print it out as needed and say here give us your stuff. What were good those are USD dude relax!! It's all good have some. It is not backed buy gold as it is printed anymore so they just print it out and make what you have worthless so you have to go to work for the new stuff. It is the governments biggest trick they print out paper and we work for it cuz they say so. Well why does my USD's become worth less and less while this coin becomes more and more. I see the government dosent own that so they cant devalue it. It is actually my money. I have it not the bank, there is no withdrawal limit or minimum balances. Do y'all see that we hand money to banks and they charge us for that service then give our money away and charge for that too!! They charge you to loan you your money!

It is an intentional thing. Our Dollar is devalued purposefully! Its a conspiracy. LOL Invest in BTC and freeze dried foods!!!


Opps. I dropped that.

 

And get this if you have a really good gaming computer and you do not use it to mine you could be throwing away a free $170.00 a month That is 4.36 trillion little bets with Dogecoin!!! You could be playing so much dice!

 

They really need to add a few minutes to the edit. Im really done after this. I just think everyone that grabs $1000 in BTC or LTC, XMR whatever and holds it will be happy in 10 years. Right now is a good example of why you hang onto your BTC I bought $500 of BTC before I started on this it is now worth $540 bucks. Plus I didnt cash out my mining it was like $30 for yesterday now it a little more. Think of it as free shoes. I waste lots of money on random coins that cost even less then 0.00000001BTC. You buy them with doge. But if one hits even a penny. Im rich lol. Off $100. I would link y'all to a bunch of spots but my links are not free they have proof of work attached to use them and if you sign up you to become my referral for life. I make money this way. They should change this rule make it allowed. As long as the referral link is on topic its the same thing as linking the website. I just will not do that it cost people referrals and gives this huge company traffic for free. I want my cut, I earned it. I typed this and you benefit but I can't?? Why not?

 

Hi you seen at gog.bet, arent you ? i've been seen it a long time ago, but i like you, i dont know how they accept bitcoin ? when the coin down/up the price that we've aldready deposit will be count ?

 

Bet365 is better any type of betting problem regarding bet365+skrill/Neteller i will provide you the help

 

For me much more comfortable to use common money than cryptocurrency. Maybe, we are just used to it and changes only seem to be unsafe. I have nothing against Bitcoin, but I don't really want to use it.