Post
Topic
Board Gambling discussion
Re: Does Bitcoin price rise affect your gameplay?
by
bitbunnny
on 07/11/2020, 21:20:56 UTC
Bitcoin price is not a problem to me at all even if it continues to increase it's price as it is my hobby to gamble and I am already
aware of the risk that I am going to face. I wonder also why other players are thinking that the price increase will affect their profits
in gambling as it will not matter as long as we will be using bitcoin in betting.

But if there will be many gamblers that are worried about the bitcoin price then it will be good if the casino owners will give the players
more option about the currencies that they are going to use in betting like USDT and etc.
Indeed, it could not be a problem but for a new gambler in the cryptoworld maybe it does. Yes it can affect I think starting the amount of bitcoin to be bet. And the transaction fee will increase I think as well, so maybe I will reduce my bet in a bit, and everytime I will win I will make it half and save the other half of it. Bitcoin price will motivate me to gamble more, but it will take a risk because if you lose the price equivalent in usd is not the same before.

Yes, it's quite a tricky situation. One the one hand Bitcoin price rise motivates us even for more gambling and on the other that same reason plus increased fees might influence our habbits in terms not to spend Bitcoin for gambling.
If the price continues to rise I think I might gamble less in crypto casinos.