Post
Topic
Board Gambling discussion
Re: BTC Halving and its effect on gambling
by
btc_angela
on 12/05/2020, 10:58:23 UTC
Hey! With the 3rd halving just around the corner and Bitcoin trading at about $9,200 at the time of writing, the price may break past the $10,000 mark once again in the weeks or months following [a lot of polls in regards to that here as well]

That was the speculation, but we can't tell for certain. If it goes above 5 digits again then good for us.

A massive price surge will highlight renewed interest in Bitcoin, which eventually may influence the iGaming industry to give more value to crypto gaming. This may result to a boom in the number of Bitcoin casinos on the market.

On the contrary, there maybe some bitcoin gamblers who will choose to hold on their bitcoin unless you are really a whale or big time bitcoin gambler. For average Joe, I'm sure they will have seconds thoughts of playing their hard earn BTC, just saying.

As Bitcoin gets more attention, more online casino operators would not want to miss the opportunity to tap the crypto gaming market. Existing operators that cater to only fiat-money players would consider accepting Bitcoin, while new brands in iGaming would launch as crypto-friendly casino and sports betting sites, for instance. Gaming dApps, for instance, may also get the boost they need to launch and get a strong following and support from the community.

Looks like a fairytale for you? Share your thoughts

It's also happening, but it's possible that we will see another growth in crypto gaming specially that the pandemic is still a problem. We can't go out and play in physical casinos so plausible that some of them are shifting to online gaming to continue habit.