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

[saprakib]

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.

Gambling is a always a popular way of earning .As a strong way of earning it has many platform where they offer for play and earn double quickly .But we need to keep in mind that it is a risky way of earning that's why the platform owner can get more profit from gambler .So that they are rising rapidly on the gambling community .

[Bitstar_coin]

If the above statement was to be true, shouldn't the price of btc be higher than current price! If such money is being injected into the market every month i believe it will some how reflect on the price, and let's not forget we have several gambling sites and they are probably buying huge amount as well.

[Tnoy30]

There is a huge demand for Bitcoin on gambling sites. Bitcoin has spread all over the world. So Bitcoin is more popular. Bitcoin is at the top of popularity. Bitcoin has been adopted as the best currency worldwide. The demand for Bitcoin is constantly increasing on gambling sites.

[sugarchrisp]

Yeah,the crypt is well used at the casino!I think thanks to such purchases of large companies and the trust of the cryptocurrency, for bitcoin 30,000 is a matter of several months!

[msz900]

Yeah,the crypt is well used at the (casino)!I think thanks to such purchases of large companies and the trust of the cryptocurrency, for bitcoin 30,000 is a matter of several months!

Gambling sites found it easy and secure for their site to be paid in cryptocurrency because in this way they can't be traced or be targeted by anyone government officials. Investment in Bitcoin is high now because of the BTC prediction to reach $200k.

[KryptoBull]

The price increase of BTC over the past time has confirmed your prediction. The price of BTC has been steadily increasing from 15K USD to 43K USD and currently 1 BTC = 36K USD.
The participation of institutions and gambling websites has provided steady buying pressure, helping BTC's price to keep growing over time.

[Jaya60]

This is happening now but we can see that BTC is being offered directly in many gaming sites. Currently, the name of a project called BetFury has been streaked from which those who joined the project get BTC directly as a percentage. BTC is given from the most popular gaming sites of today.

[pealr12]

Well as the name implies, gambling site, perhaps they need to have such huge amount because of their user base, they have many users using their site to gamble and they need money pay their winners and such money is  definitely huge, this is the first that comes to mind, 
The second will probably they want to buy for future gains when the price has gone yo.

[aiviaa485]

Games and Gambling are very liked by everyone because the results can be won many times over.
I see this because this is the best opportunity for everyone because everyone deserves to play the game with their conscience.

Buying Bitcoin on a large scale is indeed very evident because this game has recently adopted Bitcoin for payments.

[TomPluz]

Games and Gambling are very liked by everyone because the results can be won many times over. I see this because this is the best opportunity for everyone because everyone deserves to play the game with their conscience. Buying Bitcoin on a large scale is indeed very evident because this game has recently adopted Bitcoin for payments.

Online gambling is a growing industry and this is one of the first industries to have adopted cryptocurrency into their platforms, together with the porn industry, of course. I am really amazed how vice-related platforms are able to adopt easily with cryptocurrency and this can be because of the expanding demand for them. Well, we should expect more and more gambling firms to be buying more Bitcoin in preparation for its rise and the growing demand of their users.

[0t3p0t]

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 ?

Ever since I came to crypto the only Bitcoin paying sites that I have known to date are the gambling sites. I actually one of those gamblers way back 2014 but got no luck so I decided to stay away from it ever again. Gamblers are increasing day by day and the sites also are surging that is why they prefer Bitcoin payment because it serves as an investment and the convenience it offers.