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Bitcoin gambling has a very low entry point.
by kolev 13y ago
Bitcoin gambling has a very low entry point.
- Crito 13y agoAre you kidding? You need to be rather computer literate to gamble with bitcoin, and you have to be aware that gambling with bitcoin exists, and you have to buy bitcoin which is still a high bar just by itself. The high bar to bitcoin gambling is evidenced by the fact that relatively few people are doing it, for how many people love to gamble. Bitcoin gambling is astronomically dwarfed by other forms of gambling. It's a fucking rounding error.
- kolev 13y agoI am talking about the people who already have bitcoins.
- Crito 13y agoBy that logic, racing Italian sports cars at track days is a low barrier to entry hobby. I mean, it obviously isn't, but if you are willing to ignore the "acquire an Italian sports car and know how to drive it" part...
- kolev 13y agoYou can do it from the convenience of your laptop - get bitcoins from Coinbase and send them to the dice site. With Instant Buy, you can get $1,000 instantly.
- Crito 13y agoBelieve it or not, outside the tech bubble that is HN (and likely you peers and associates) that is a high barrier to entry. Bitcoin's troubles gaining widespread acceptance extend beyond price fluctuation.