Gambling sites are buying $100 million worth of bitcoin in every month!!!

[Ak600]

Yes brother you are right because the current bitcoin is advancing a lot so the demand of people is also increasing and due to the increase in demand the value of bitcoin is going up and due to the value of bitcoin gambling has increased in many places.  We are very happy with the increase in the price of this bitcoin

[masudginanjar]

As expected because the gambling platform is the same as the game.
In this world, a game called a game will definitely be in demand by everyone and it is the consolation of the stressful work they face every day.

So in my opinion, if 100 million in USD are bought Bitcoin in every month it is only natural because all the gambling users in this world are many and that is they answer it only for entertainment in life.

[Lukamaxin]

Now a days Bitcoin are getting more popularity, people are going crazy about it again. From a current survey we noticed that gambling sites are buying $100 million worth of bitcoin in every month to pay their users. That means users are requesting their payment in bitcoin. Even recently Paypal and Cash App buys almost 100% of the newly minted bitcoin.

Is that a good sign for the upcoming year ? will that history gonna run again ?

Yes the popularity of BTC so high even I think that now every one heard the name btc although they have not proper knowledge of blockchain . If it is continuing the big big disaster will happen one day .

[sugarchrisp]

Cryptocurrency and blockchain are very popular among honest casinos,because it increases the user's trust and the purity of the game,I think this is the future in gambling!

[Dociko]

Gambling sites are not legal in every country. Gambling is done on these sites when buying bitcoin. At that time the governments of different countries did not support cryptocurrency or bitcoin. Because there is a lot of gambling and illegal activities around the coin, the coin cannot be approved in different countries. However I think Bitcoin is much more developed as a good medium for transactions. The government of every country should think about bitcoin.

[Tanimariya]

The Gambling section is one of the most popular online gambling platforms. A lot more people around the world bet on gambling sites. So a lot of cryptocurrencies are used. What your guess might be right. However, it did not give legitimacy to the governments of different countries. The governments of some countries around the world know a lot about this. However, they do not take any official action. So I think gambling projects and sites help to increase the popularity of Bitcoin.

[Crypto Guard]

In crypto, gambling themes or projects are in great demand. This is because by participating in gambling you can play, and get double profits. And it will make you rich or poor faster. For this reason, it's not surprising that this gambling project is really advanced and requires a lot of Bitcoin.

[I-Bit]

Gambling is such a big industry here many people are interested and involved in it. Moreover recently, online gambling really attracts many people because of the pandemic. Many gambling sites or platforms also accept Bitcoin and other cryptocurrencies as payment. So this is why the necessity of BTC and cryptos in gambling is highly progressing

[Cristiano]

I am not surprised because there are so many gambling lovers. Many people like gambling because they can bet and get bigger profits. As well as many gambling projects that have been successful, attracting many investors.

That's right.  Many gambling projects have been successful in attracting many investors.  Most people in the world love to gamble.  Gambling can make a good profit.  People now do a lot of things to gamble.  There are many benefits to gambling on cryptocurrencies.  Again that gambling has made many gambling projects successful for traders.

[vitek146]

https://news.bitcoin.com/poker-site-buys-100-million-bitcoin-pay-btc/
You create a thread after reading this article? 
Payments in bitcoins on gambling sites now surprise no one, most want to receive payments in it than in dollars or other currencies, since they believe that this is a more reliable and profitable solution, I myself read how one of the giants of the poker industry does not have time to buy bitcoins for payments to their clients.

[Tunir Baap]

I can't say anything about it but by posting to many big brothers of the forum I have come to know that Bitcoin is a very valuable coin.  And its popularity is increasing day by day.

[Hamida]

Now a days Bitcoin are getting more popularity, people are going crazy about it again. From a current survey we noticed that gambling sites are buying $100 million worth of bitcoin in every month to pay their users. That means users are requesting their payment in bitcoin. Even recently Paypal and Cash App buys almost 100% of the newly minted bitcoin.

Is that a good sign for the upcoming year ? will that history gonna run again ?

I think if you good analizing about bitcoin or Crypto currencies, You can do gambling. Gambling is more profitable,if you can do it.

[The Legend]

Gambling is such a big industry here many people are interested and involved in it. Moreover recently, online gambling really attracts many people because of the pandemic. Many gambling sites or platforms also accept Bitcoin and other cryptocurrencies as payment. So this is why the necessity of BTC and cryptos in gambling is highly progressing

Agreed, but I was thinking that why so many people are involving in it! Because not everyone can win it continuously. I know few people are lost everything because of those gambling sites.

But yes if we saw it's other site, it is very good for us. Bitcoin will grow more.

[Emircan]

Bank transfers they will be taxed but if the coins are not taxed

[jonathancool220]

Bank transfers they will be taxed but if the coins are not taxed

It can be said like that but but altcoins transactions also have costs, only the costs are small.
Indeed, this tax is very much feared by loyal traders because this tax is very large to be emphasized on traders.

In cryptocurrency there is no tax at all because I think cryptocurrency is a kind of Peer to Peer payment without any intermediaries.