Post
Topic
Board Gambling
Re: Why do bitcoin poker only sites keep closing?
by
adaseb
on 12/01/2017, 12:56:22 UTC
Haven't played bitcoin poker for a while, just when I started looking for my old sites they are both closed, I probably even had some chips in there, bitcoin is rising since Trump entered the scene, why are poker sites suffering?

Because the poker boom happened in 2003 and the sites that established themselves in that time are the ones who have survived, due to network effect also.  BTC sites have only been around after 2010 its hard to get a player base.  What we need is for BTC games to run on all sites in BTC.

well yeah but the market is keep changing , take party poker as an example as they were the top site in the world and now they aren't even in top3
and now pokerstars is doing horrible changes and this may change their position

but when it comes to btc  most players are afraid to turn to btc due the price factor , maybe when btc is more steady more players will show interest in btc cause the main problem is the lack of players

Actually what he said is correct. In 2003 in the USA there was a crazy online Poker boom. That's why sites like PokerStars and such have gotten so popular.

I saw a long documentary on Poker and it appears that since online Poker got so popular, at the same time it also become highly competative and very difficult to succeed in.

There were Poker legends who could make millions in Vegas but couldn't make a penny with online poker. Usually with online Poker its the younger crowd and they have gotten very smart.