Bitcoins and Roulette Collide

[jaydenM]

Bitcoins and Roulette are one of the most interesting news I've read this past few days. The idea of Bitcoins are really interesting because of their cryptographic features: You are not obliged to pay tax, whatever status you have in this world you are assured that your profile is anonymous. And the fact that you can be a MILLIONAIRE! sounds to be a scam but the truth is you can. And lastly BITCOINS are not scam.

So I was wondering if anyone out there knew this? And If they are starting to implement bitcoins and roulette.

Let me know I'm interested to know your story 

[TwoCatSam]

I know little about them, but I have read that they may be the answer to the U.S. ban on gambling. 

[ego]

You browse the dark side of the internet or web using the browser TOR.
WIth you ordinary internet explore or firefox you can not see the dark side of the internet, its hidden.

This hidden world use .onion for there sites.
And in that world they use bitcoins as you mention above.

But does you will not trade for real money or buy food or clothing and other things.
Bitcoins you trade within the hidden network.

Some say its a pyramid game where the bottom layer lose and the top layer win.
That is what i know about bitcoins.

So i don't see why some one would play roulette using bitcoins.
Nothing beats real money.

[VLS]

I know little about them, but I have read that they may be the answer to the U.S. ban on gambling.

It's already answered Sam,

Live roulette. Anonymous, no registration, no ID verification, instant withdrawal.

Please check: link:://betselection.cc/online-casinos/bitcoin-casino-with-live-roulette/

[ego]

link:://:.good.is/posts/why-bitcoin-is-a-scam

[TwoCatSam]

All

If I lived in Europe, exactly why would I need Bitcoin? 

When real and honest gambling comes to the U.S. in November, why would Sam need Bitcoin?  If I'm playing at Harrah's, on line, and it's sanctioned and regulated by the state of Nevada, why do I need Bitcoin?  Except to avoid taxes, maybe?  You gotta win to worry about that!!

Sam

[Priyanka]

You gotta win to worry about that!!

This caught my eye! Quote of the day

[Steve]

Bitcoin is dangerous. It has no physical value. Never put money in it you arent prepared to lose.

But it is no different to normal currency. There is only perceived value, not real value.

[Chrisbis]

I have to agree, that it does look kinda weird! 

[jaydenM]

@TwoCatSam I know that most of the bitcoins casino doesn't allow US player, and yes aside from taxes, there is also no third party seizure government can't freeze your wealth, peer to peer transaction and some Business uses bitcoins as their mode of payments.

@Steve Bitoins is not a real money most likely it is a virtual tokens alternative to dollars and euros and can be used in exchanging goods and services but should note that this only works for establishment that allows bitcoins


for some reason upon reading some  interesting news about bitcoins I think they are not that bad at all

[Steve]

Jayden i know what Bitcoins are, and they are essentially the same thing as "money" today. The only difference is "money" is also in "paper" form. Both bitcoin and "money" are essentially worthless. Neither are backed by anything real. Not even money is backed by gold anymore. Youtube "money as debt" and there are many good videos that explain modern money.

The only thing that gives bitcoin and money value is PERCEIVED AND ACCEPTED VALUE. I believe this is likely to change soon because you cant eat money or bitcoin.

[jaydenM]

Yeah your right Steve I guess I should use my bitcoins into gambling since it's not a real money that I can use in most of the establishment LOL 

[Ralph]

Money is real as long people trust the value, otherwise it is not any difference. All money are produced cheap, and the value is there just by trust.

In the modern world the money are staying inside the banks all the time, which make it possible for the banks to issue even more by lending.
Financial crashes will allways come, in a world with limits, if the lending not has limits.

Today it is not any difference between a casino and a the financial sector. If any it is the gambling is more regulated.

[Steve]

Money was supposed to represent gold. But it doesnt anymore. Most of it literally represents debt because money is created from debt itself.

I believe a major finance crash will happen soon, and having money in your account wont count for much. You need real tangible wealth like land. Most people head to gold, but it is a metal with useful properties. You cant eat it. Land will always be the safest investment and asset.

[Stewart032]

Good thoughts jaydenM. I strongly agree with you. BITCOINS are not scam so is online casino portals. What makes it more interesting is the instant tax-free payout offers. For instance, in BetCoinâ,,¢ Bitcoin Entertainment Network, you can instantly become a millionaire on a single $15 bet. Such casinos save so much money in transaction processing fees.