Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: The Legend on November 23, 2020, 03:35:45 PM
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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 ?
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Gambling sites do relatively well in almost any state of the cryptocurrency market. People always want bread and circuses, therefore such sites and platforms work successfully. The purchase of bitcoins may indicate not only the growing demand for bitcoin on the part of players, but also the possibility of storing their income by gaming platforms in bitcoin. In any case, the demand for bitcoin is increasing and this will contribute to an increase in the price of bitcoin and the entire cryptocurrency market.
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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.
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Bitcoin has a fantastic price in the crypto market, some online gambling users may want a lot of profit with Bitcoin payments, good bitcoin prices make the gambling platform and users want to use bitcoin to make every transaction easier, instead of using a stable fiat currency, I think it's better store bitcoin which in 1 to 2 days the price can increase to fast.
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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.
BTW even investment on a new project is also a type of gambling. If that project succeed investors get 3-10X of their invested amount, some times even more than that. If that project fails investors get nothing ;)
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Bitcoin has a fantastic price in the crypto market, some online gambling users may want a lot of profit with Bitcoin payments, good bitcoin prices make the gambling platform and users want to use bitcoin to make every transaction easier, instead of using a stable fiat currency, I think it's better store bitcoin which in 1 to 2 days the price can increase to fast.
Exactly. But I'll suggest you to hold bitcoin for long term, because if all the countries legalised bitcoin then just think :)
As of now around 15 out of 195 countries are accepted and legalised bitcoin on their area.
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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 ?
One of the major uses of bitcoin is gambling and casino site . Most of the gambling sites are paying and buying services by bitcoin and tron . So PayPal and many cash paying site accepted bitcoin a positive sign of bitcoin development.
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So many people launder money through various gambling platforms and therefore then withdraw their money through bitcoins, and the price of bitcoin is constantly growing, this is another sign of why so often people withdraw money into bitcoins, and the whole year bitcoin only grows in price, this also helps bitcoin to gain even more popularity.
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The gambling industry in this case is very big. It includes both online and offline gambling. We can also find out so many sites on the internet. Aout the involvement of Bitcoin, I am sure that it may be because of many people use BGTC or crypto for gambling.
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It is good news, it means the demand for Bitcoin is increasing. I am optimistic that this will make a higher price of Bitcoin in the future. The demand is not small, it is quite big. The gambling site already gets $100 million worth each month, it is a big demand in crypto market. If there are more gambling sites buy a big number of Bitcoin, I assume the price of Bitcoin becomes more expensive.
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Gambling sites may try to attract bitcoin investors so they can enter the site. We know that now many Bitcoin investors are popping up every month. So to attract the interest of fund owners in the form of crypto, the gambling site offers payments or transactions using bitcoin
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Bitcoin is growing in popularity from all sides. People are using bitcoin for gambling. However, Bitcoin is also being used for some legitimate purposes. So all in all Bitcoin is much more popular.
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I just know if gambling sites buy very big numbers of Bitcoin monthly. I think Bitcoin in the future will increase the price very much if the gambling sites continue to buy with the big numbers. The demand in the market is increasing inctantly. However, I hope the effects will be positive effects on the market.
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Many people like to gamble because they can bet and make more money. Also, much successful gambling attracts a lot of investors.
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This gambling has always been a flagship project, even with a lot of enthusiasts. So many have chosen to live by gambling in crypto. So it's no wonder that this gambling project has spent the most Bitcoin in crypto history.
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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
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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.
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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 .
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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!
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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.
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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.
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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.
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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
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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.
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https://news.bitcoin.com/poker-site-buys-100-million-bitcoin-pay-btc/
You create a thread after reading this article? ;D ;D
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.
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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.
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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.
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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.
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Bank transfers they will be taxed but if the coins are not taxed
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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.
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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 .
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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.
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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.
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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!
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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.
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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.
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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.
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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.
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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.
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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.
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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.