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    Bitcoins for Online Casino

    blackmamba88

    By blackmamba88
    in Online Slot Discussions

     Share

    Recommended Posts

    ValDes Premium Member

    ValDes

    Posted
    Posted

    Hi and welcome to the AskGamblers forum! :)

     

    Well, I was quite curious about the Bitcoin's concept and had a look over it several months ago. Unfortunately, didn't find a single reputable online operator using that payment method and my interest ended at that point. On top of it, few weeks ago I read their boss was arrested or something... ;)

    • 2 weeks later...
    JulianP Newbie Gambler

    JulianP

    Posted
    Posted (edited)

    I heard Bitcoins is under fire because of its recent association with the Silk Road drug trafficking website. Although, I don't think Bitcoins had any official affiliation, people were paying for the transactions using this payment method.

    Edited by ValDes
    External links removed!
    • 1 month later...
    Luciana Premium Member

    Luciana

    Posted
    Posted

    I think so because most of the casinos do not accept this payment method.They just prefer cash , and i  think this will never change

     

    Hmm, you just explained the current situation, but didn't explain why won't some casinos implement it in the future! Bitcoins seem to have some advantages which might suit to gamblers, as no fees or low fees (remember how high are the fees at some casinos), privacy, high speed... Maybe it's not so bad idea? :)

    ValDes Premium Member

    ValDes

    Posted
    Posted

    The current situation with BitCoin is quite simple, I would say. As soon as some of the big names in the industry announces that BitCoin is accepted in their casino then it really means BitCoin is safe to use.  :D  Not even a single decent casino would afford to add them as a payment method without putting the whole company behind BT on a thorough and careful check...probably double and triple check! ;) 

    bohemasoso Newbie Gambler

    bohemasoso

    Posted
    Posted

    The current situation with BitCoin is quite simple, I would say. As soon as some of the big names in the industry announces that BitCoin is accepted in their casino then it really means BitCoin is safe to use.  :D  Not even a single decent casino would afford to add them as a payment method without putting the whole company behind BT on a thorough and careful check...probably double and triple check! ;)

    I would not say it better! BitCoin has its advantages but in the casino industry is hardly applicable, I think most traders (because casinos are traders) are worried that this is just another financial bubble that will burst. ;)

    • 3 weeks later...
    seanwilliam1988 Newbie Gambler

    seanwilliam1988

    Posted
    Posted

    I’m a bitcoin casino user, both in online and land-based casinos. There are few casinos now, like in Vegas that integrate the bitcoin for purchasing drinks, food, etc. But I mostly prefer playing online casino games because it saves me the time and effort of going out. 

    • 2 weeks later...
    bohemasoso Newbie Gambler

    bohemasoso

    Posted
    Posted

    Ha, told ya it's not that bad idea! Congrats to VeraJohn Casino for making a historical moment and crushing the ice!

     

    Let's hear first experiences now! :)

    Of course it is a good idea, but I did not expect this to happen.

    And yes..., you was right :D

    LordCronal Ultimate Gambler

    LordCronal

    Posted
    Posted

    I am unsure about Bitcoins. Where you can use it? In Helsinki you can buy vegetarian food from one place and some CDs just. Nothing more.

    Anyway, if I win something from VeraJohn, I might take withdraw as a Bitcoins and sell those to someone for high prize. :D

    ValDes Premium Member

    ValDes

    Posted
    Posted

    Hehe, do we have a market dealer here?! :D 

     

    Just be sure to sell the Bitcoins (if and whenever you get such :p) on time. We don't want to have members hit by the next financial balloon. ;)

    LordCronal Ultimate Gambler

    LordCronal

    Posted
    Posted

    I dont have any Bitcoins, but if someday has, in Finland it is very easy to sell those. Sometimes I wonder stupidity of many my countrymen... :rolleyes: 

    I think that Bitcoin might has future only in some small states and Switzerland might be a biggest state of those.

    • 2 weeks later...
    ValDes Premium Member

    ValDes

    Posted
    Posted

    I’m an online bitcoin casino player, and so far my experience with bitcoin gambling is so good than in a regular online casino. However, I haven’t tried it with live casino. But I’m pretty sure it would be the same thing as well.

     

    Good luck mate!  :good:

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