Quote from: Betwrong on May 18, 2018, 10:10:09 AM

Quote from: BTC Jon on February 04, 2018, 05:32:48 PM

As owner of a gambling guide - Bitcoin Gambling 101, I am curious as to how the crazy December and then January price changes affected your gambling wins/ losses?

What I liked about the December-January jump in BTC prices is that if you had $20 on your balance in November it became $60. I took part in poker tournaments with $3 entree fee, which I never did before because I can afford to pay $1 max for an entree, but since it was the same amount of BTC I decided I can afford it. What I didn't like is that if I won $15 in those days it became $5 later.

That is how crypto coins are. Volatile. Bitcoin is the most fluctuating coin and if you are expecting it to just surge up, it is not very fair. Volatility means changing positively and negatively, gaining value while at the same time there is equal chance of losing value. That is the sole reason why people were able to become millionaire with the help of this BTC. Using it in gambling means losing the chance of earning huge profits.