Post
Topic
Board Gambling discussion
Re: Gambling with altcoins
by
BillCoin
on 03/10/2017, 13:07:51 UTC
I see many coins around. Even a year ago there were some casinos accepting litecoin and dogecoin. As bitcoin is now really expensive and slow plus some people are afraid of tomorrow's segwit thing, I thought it would be interesting enough to create a poll and see how many people still gamble with bitcoin and are there many fans of other coins. Nowadays the range is really wide, so we have what to choose from What do you think?

Gambling with altcoins is smart, the bitcoin transaction fee I feel is too high right now for sending back and forth to the gambling sites.
This is probably the only real reason to gamble with altcoins, the transaction fee of bitcoin is still too high while the transaction fee of a coin like doge is very cheap, the only issue is that bitcoin is accepted in most casinos and this is does not apply to altcoins so we are going to be limited in the number of casinos that we can play with it.

Many reputed sites are accepting Doge coins expect a couple of them like primedice site. If you're planning gamble only for fun then you can always choose the site which are accepting these altcoins to play the games and no need to go to those Bitcoin-specific sites to play. Dogecoin price is very cheap, transactions are fast and transaction fee also less so most people like to gamble with it and I also tried few times with Dogecoin to play dice game.

If someone wants to do online gambling using crypto currencies, he can find many options. Many sites accept bitcoins and some of famous altcoins at the same time. Personally, I think it is not a wise decision to bet with digital assets because we can earn good profits through them by simply keeping them in wallets especially if you are gambling with bitcoins.
It would be wise to keep your valuables in your pockets. At first, gambling is not a very cool game. It is like wasting your money. Above that, going for it with digital assets mean increasing the loss. That would be stupid actually.

All that glitters are not gold. Gambling with bitcoins or altcoins attracts due to the ease it offers, but it has greater disadvantages.

I wouldn't say that gambling is like wasting your money.
When you gamble you end up either losing your money or winning funds, of course the chance of you to lose funds is much higher then the chance of winning anything , but if you are gambling for fun you should be okay.
I think that most of the people who gambles for fun ends up with a smile and does not care at all about the lose they had