Online bingo with bitcoins

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Last post made 9 years ago by chris.brown
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  • I'm opening this topic to analyze the pluses and minuses of bitcoin based bingo because some people think that within the next 5 years, about 4-5 gambling websites of the top ten will be bitcoin only.

    As far as I'm concerned, this seems the most practical solution to avoid some legal issues for players from jurisdictions where online gambling is forbidden, such as US.

    Secondly, from what I read, it seems bitcoins are anonymous,deposits and withdrawals need no name or other personal data. Also deposits and withdrawals are processed very fast or even instantly on bitcoin based gambling websites. These would be the pluses.

    The minuses might be the fact that bitcoins seem a bit complicated to use and there are no bitcoin bingo website reviews.

    So, if anyone knowing any bitcoin bingo websites is willing to share his/her experience, please do so :)

  • I have no experience with bitcoins,but I can understand them.I think,everything will be much faster and easier with them.Biggest minus in my opinion would be to make the people to learn and start using bitcoins.

  • I haven't entered into the world of bitcoins personally. I read that the value had dropped drastically earlier in the year but it's back on the rise. It seems a bit risky that there is no verification required when conducting bitcoin transactions. Wonder how long that will last.

  • I'm opening this topic to analyze the pluses and minuses of bitcoin based bingo because some people think that within the next 5 years, about 4-5 gambling websites of the top ten will be bitcoin only.

    As far as I'm concerned, this seems the most practical solution to avoid some legal issues for players from jurisdictions where online gambling is forbidden, such as US.

    Secondly, from what I read, it seems bitcoins are anonymous,deposits and withdrawals need no name or other personal data. Also deposits and withdrawals are processed very fast or even instantly on bitcoin based gambling websites. These would be the pluses.

    The minuses might be the fact that bitcoins seem a bit complicated to use and there are no bitcoin bingo website reviews.

    So, if anyone knowing any bitcoin bingo websites is willing to share his/her experience, please do so :)

     

    I too think that playing online bingo with bitcoins would solve most of the jurisdiction problems associated with some states. Once the user gets accustomed with using bitcoins all things will carry out smoothly thereafter.

  • Im concerned about the bitcoin's value that varies in a, for me, pretty high amplitude. Until I see some stability, Im gonna stick to dollars and euros. Also, it is sort of loophole for bypassing jurisdiction restrictions at the moment but its hard to speculate how long its going to last. I highly doubt its gonna last forever...

  • I Hope they get it going the withdrawal and deposit out of the U.S.A. has allot to be desired

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