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[AudraMiller]

Gambling sites for cryptocurrency is quite popular and in fact there is a lot of sites that have faucets that also come with a gambling site giving you the opportunity to double your earnings or even more. And while some may win, most of the time you end up losing. It is all about your luck. According to an article, cryptocurrency gambling is actually considered to be legal in the state of Wyoming, even though cryptocurrency as a financial system is not currently accepted. What are your thoughts on this?

 

[LutherKing]

That's because most of us states laws varies from each other it is allowed for racing I'm Texas and Nevada states as of now , so this will become the third state on the list

 

[AudraMiller]

That's because most of us states laws varies from each other it is allowed for racing I'm Texas and Nevada states as of now , so this will become the third state on the list

It is good to see that the number of states that are accepting this are growing and hopefully soon it will be a country wide acceptance from the united states of america.

 

[Wisdom01]

Well gambling platforms are part of what fetch the government revenue , so they could allow the existence of it , but taking or making it a legal tender would be a difficult thing on the long run

 

[LutherKing]

Yes , Agreeable but I think some states are against the plan as well so it will time to get them collective on one single unitary decision to be honest in my opinion

 

[Wisdom01]

Yes , Agreeable but I think some states are against the plan as well so it will time to get them collective on one single unitary decision to be honest in my opinion

Really dont get tho because the use is already legal so no states might be able to negate its use in Wisconsin again ,what people want is more development and growth in use of crypto currency for various activities

 

[Josemendez]

If cryptocurrency is not accepted there , then cryptocurrency gambling will be quite risky and may attract penalty from government .

 

[07Trinity]

Gambling sites for cryptocurrency is quite popular and in fact there is a lot of sites that have faucets that also come with a gambling site giving you the opportunity to double your earnings or even more. And while some may win, most of the time you end up losing. It is all about your luck. According to an article, cryptocurrency gambling is actually considered to be legal in the state of Wyoming, even though cryptocurrency as a financial system is not currently accepted. What are your thoughts on this?

It's all about luck, that's while people prefer margin trading to future trading,the gambling pattern is really addictive, because you are leveraging on a small value to hit much.

 

[BullyMaguire]

Some people will probably use crypto currency to hide the fact that they do gamble. Either from their families or to the government that doesn't allow them to do it.

 

[Wisdom01]

Some people will probably use crypto currency to hide the fact that they do gamble. Either from their families or to the government that doesn't allow them to do it.

The thing is that cryptocurrency is truly gambling ,most especially when the person involved dosent know about trading ,he or she will just scrap from any slight increase which is risky

 

[a_jerobon]

How can they accept cryptocurrencies for gambling and not as a payment system? Or are they going in that direction soon? I hope so. But this favors crypto gamblers alot in Wyoming.

 

[Sotherefore]

Gambling sites for cryptocurrency is quite popular and in fact there is a lot of sites that have faucets that also come with a gambling site giving you the opportunity to double your earnings or even more. And while some may win, most of the time you end up losing. It is all about your luck. According to an article, cryptocurrency gambling is actually considered to be legal in the state of Wyoming, even though cryptocurrency as a financial system is not currently accepted. What are your thoughts on this?

I know a lot of them and I have decided purposely not too involved in it because I have tried it before when I was mining free bitcoins in one of the website,i was not able to win in the gambling I just consider that it is a waste of time and possibly a way to lose money still the chance of winning is extremely low.

 

[Brain]

Anything to make money by the government woukd be allowed but those into it should be careful because any kind of gambling comes with a lot of loss and high risk

 

[btaliat]

There are some states especially in the United States that have accepted this. In Nigeria, there are some betting sites that also allow depositing in cryptocurrency. I guess this will ensure anonymity of gamblers.

 

[Duduyemi]

Gambling sites for cryptocurrency is quite popular and in fact there is a lot of sites that have faucets that also come with a gambling site giving you the opportunity to double your earnings or even more. And while some may win, most of the time you end up losing. It is all about your luck. According to an article, cryptocurrency gambling is actually considered to be legal in the state of Wyoming, even though cryptocurrency as a financial system is not currently accepted. What are your thoughts on this?

Generally crypto currency is more or less like gambling! What you are not really sure of but you try to guess. Although their are charts, fundamental news you should read and follow, but sometimes they fail. I think Wyoming as a state likes anything gambling, that's why they were in support of using crypto currency for gambling.

 

[Wisdom01]

One thing that we need to understand is in every state or country there are rules and regulations set up for people to follow and what you see as illegal in your state or country in another country is very legal so a state like Wyoming making gambling legal and not doing same to cryptocurrencies I think is because of their laws.

THey actually have reasons ,but what annoys me more is that most countries place more emphasis on cryptocurrency that you could lose lose a lot of money in a short time and leave gambling as a normal thing which is even more based on luck or nothing else ,these nedsto be looked into as they are not cared about by the government and it's actually not looking so good

 

[Wisdom01]

Yes I totally agree with you that things really need to be looked into critical by the government so that they will know the ones to embrace and the ones to avoid so that we will not be chasing rats while our house is burning so I think that some rules and regulations should be amended.

Exactly some rules needs to be cross checked and amended ,if the government could look into some rules and improve them ,it's another step to the growth of the country in so many ways ,I really hope a more improved rules is crested that would spark up crypto development and useage in the country

 

[Wisdom01]

I totally agree with you concerning this matter and also if they are amending the rules and regulations they should do it in such a way that it should not be rigid but rather it should be very flexible for citizens to follow effectively.

Yeah it should suit what the citizens want , because if it suit it ,they would always value the rules been set ,that's why when country ban cryptocurrency without the consent of the citizens am not always happy about it , because they are the one that made the government and now it's acting against their wish ,which is actually not a good thing but a very bad one when checked in another angle

 

[Wisdom01]

I totally agree with you concerning this matter and also if they are amending the rules and regulations they should do it in such a way that it should not be rigid but rather it should be very flexible for citizens to follow effectively.

THatS it once the rules are too rigid ,the rules been made would not be followed except there is adjustments ,and most of those rules of today are actually in support of the government more than the support been shown to the citizens ,that's the noticeable truth there ,some crypto laws and others needs to be well laid

 

[AudraMiller]

Generally crypto currency is more or less like gambling! What you are not really sure of but you try to guess. Although their are charts, fundamental news you should read and follow, but sometimes they fail. I think Wyoming as a state likes anything gambling, that's why they were in support of using crypto currency for gambling.

I completely agree with you when it comes to cryptocurrency being very similar to gambling because there is a lot of risk that comes in cryptocurrency investment especially if you look at how much the price can fluctuate over the course of the day and therefore it is very important that you know the risks before getting involved.