Cryptocurrency and Poker

[SouthparkSith]

You can buy $50 worth at paxful,coinmama and local bitcoins to name a few? You just get a fraction of a coin but they will sell trade as small as $5.00 worth

 

[SantasPoker]

I have used it many times with success, both depositing and withdrawing.. and being someone from the US... I feel safer with it.. not being able to track it cuz of bank deposits/withdraws. Don't have to have my name on it and what not.. I like it, and think MORE rooms should embrace it!

 

[goldi17a]

Crypto will go down very soon..

 

[GordyPoker]

you can buy 50$ of btc on COINBASE . good luck brother

Do you have a link please? How much Bitcoin do u get for 50$?

 

[Ricey155]

Very good short sighted tho, if your a regular winner and collecting the tokens @ te current rate today it's 0.0038827 it's practically nothing to play a 1000chp game you win you get 15,000 etc keep collecting and if the world of crypto goes on another ball run CHP will be bak or above 37c and your cheap chp is worth a fortune? like any shares it's a massive risk but they have plenty of freebuys 275 chp for winners for free.

Crypto is a gamble but like everything in life people get rich from taking these risks and people lose everything. I'll never be RICH as I can't take these risks even tho I own crypto it's 5% of my wealth only.

Oh you think your moneys safe in the poker sites? has it not happen before you lose your stack ?

I'v played on CoinPoker a long time. The CHP crypto is just fiat currency junk it is literally not worth a penny down from its $0.37 high now to $0.006. It has lost more than 99% of value it is junk.

 

[710suited]

Made my first Btc from Seals With Clubs (SwC)

Staked many players and managed to build up some Btc. First time I purchased was when it was in the 80-120 dollar range.

Made about 50 Btc off SwC.

 

[Chief talking bull]

I haven't used it yet but I plan to once I hit it big on the Sunday Venom on ACR:bebored:. It seems to be the best way to get the money out.

 

[hookmeout]

Best option for US players. There seems to special bonuses for BTC deposits.

Volatality may have some impact between BTC to cash conversions or viceversa. Its just like paypal in terms of execution but with broader applications

 

[Rutsy]

That is the same reason why I haven't gotten into the crypto-scene... I feel like its similar to investing in stocks, and the coin you just spent 1k on may not be worth 100$ tomorrow. I know that the opposite has happened in some cases as well... I just feel safer with cash money

Yeah. Imagine depositing and grinding the tables for days it to be worthless... Rather take the cash

 

[Syltan]

I did not accept because for me it is inconvenient, and too high rate fluctuation.

 

[johnwat2]

I have never used bitcoin and probably never will. If bitcoin value drops 20%
over a month, you play even that month, and cash out, are you down 20% on your cash out?

 

[freerollhound]

nolimitcoinpoker has a no rake crypto site and USA players can play the free rolls including the Main Event satellites going 7/24

 

[ACEWOLF56]

I have never used bitcoin and probably never will. If bitcoin value drops 20%
over a month, you play even that month, and cash out, are you down 20% on your cash out?

That’s why I play on ACR. You have multiple crypto options to choose from. So let’s say bitcoin is down; you can cash out with a lower crypto coin that has potential for a huge upside ROI when the market gets bullish.

 

[hedonist]

Over the last five years, crypto-currencies have started to make their way into the poker industry. Have you embraced crypto-currency for poker?

Litecoin Founder Charlie Lee: Cryptocurrency and Poker Are Perfect Partners

I've used bitcoin for quick transfers on ACR. Usually posts after 1 confirmation.

 

[beanman]

I was never a fan of crypto, but because of the ease of payout form offshore books I know own some coins. Just hate to see the value drastically change form week to week. So even though it’s quick and easy to deposits and withdraw to my favorite poker sites. Kind of hate having it sit in coin form as it’s a gamble alone just owning some coins

 

[TravelerLloyd]

CryptoCurrency

I dont fool with no CryptoCurrency, what am I going to buy with it, what bill can I pay with it?


All a bunch of junk currency for someone to try and make it to be the next best thing. Until the USA takes it at any retail store, I dont fool with it.

Over the last five years, crypto-currencies have started to make their way into the poker industry. Have you embraced crypto-currency for poker?

Litecoin Founder Charlie Lee: Cryptocurrency and Poker Are Perfect Partners

 

[Smart_Hand]

Coinpoker is great room for crypto

 

[paisley]

I have fully embraced using crypto-currency. Almost all the sites take it now. My favorite part is how much faster withdrawals are. Set up an account and get a wallet at sites like Coinbase.com and you can quickly withdrawal right to your checking account. No waiting for checks in the mail.

 

[ekgbeat]

For me it is easy to transfer to players in different countries (don't have to worry about exchange rates on top of fees). If I cash out then it acts as an investment (not a deflationary currency).

 

[akgross]

Now many poker rooms prefer cryptocurrency. Everything is simple. Crypto economy has a future. Digital currency is practical and, at the same time, handling it requires specific knowledge. At the moment, I pay tribute to fiat funds.

 

[Ricey155]

Did that virue poker site ever start up with Phil Ivy as the front man?

 

[German629]

On the present time I'm played in the Poker using a usual currency only.
But since recent time I became to play on ACR, where possible to use cryptocurrency.
Therefore this question at the moment is on under study...

 

[Pablo22]

I love being able to withdraw and deposit with BTC

 

[Anton Fedorov]

maybe I would use cryptocurrency in poker, but I don’t have a single electric penny

 

[milka1605]

I consider it inappropriate to keep coins on the account. It falls in price.