Post
Topic
Board Gambling discussion
Re: Which coin do you think is best for gambling?
by
Osarman
on 30/06/2018, 08:23:16 UTC
I hope bitcoin is the better crypto currency
Compare to other altcoins, it's not just a better cryptocurrency but it is the best of them all. But everyone has their own preferred coin base on speed and cost.
Based on speed and transaction fee there maybe other coins is better than bitcoin but when it comes to acceptance level bitcoin is more preferred coin in all the gambling sites and most of the people can convert their winnings into fiat if they are in bitcoins.So yeah bitcoin is best.
There's better than bitcoin in terms of speed and  fee like Dogecoin. I don't know about other coins because I don't want to use any other than that. I don't want to gamble with bitcoin on this time, the price is down and I don't want to spend few of it while it's on dip.

I agree with you that if it has to do with the transaction fees and quicker confirmation then the altcoins are the best for gambling because it wouldn't make you loose much in fees and there will be limited delays when you need to get paid or transfer money into your account for gambling.
But some gamblers are also becoming wise with it, if they want to cash out, they have to trade it first with bitcoin so the potential real USD value or quantity of bitcoins will be lowered. It has to be cheaper if they want to cash out immediately because there are few exchanges that are allowing few alts only directly tradable to USD/fiat.
I think bitcoin is the best for gambling because It is gambling and if you the dare to bear the loss then use only bitcoin. If you win you will get huge amount in your wallet and if you use, your wallet would have been emptied, and your tension for bitcoin price and future of bitcoin will be finished. If you are sensible then never use your coins in gambling because it is the source of income.