Post
Topic
Board Gambling discussion
Re: Does Bitcoin price rise affect your gameplay?
by
Fatunad
on 10/11/2020, 21:09:49 UTC
I have seen the same, people are complaining that the fees are too high and it is taking a very long time to get a confirmation and without it they cannot gamble at all, while some may not consider this to be a problem if you are looking to make a transaction with a low amount of bitcoin it is entirely possible the transaction cost is going to be bigger or at least be a significant part of the value you are trying to send in which case it does not make a lot of sense to send that money over to the casino.
You are right, the transaction cost is another issue, but, as of recent, paying $2 to $3 worth of bitcoin as fee is not bad at all to transfer $100 or more, this is the range of low transfer fee for now, within 2 to 3 hours, the transactions will be confirmed. But, if the people not satisfied with that, they can make use of altcoins like litecoin as payment.  
This is why if you like to gamble it is a good idea to have a small stash of altcoins that have very cheap fees and that you can use in the case the bitcoin and the ethereum network get really busy, litecoin and dogecoin are good options for this, especially dogecoin which not only can get you a fast confirmation but the huge amount of dogecoin I get for my bitcoin makes me feel I am betting a lot of money when in fact I am just betting a few dollars.

One of the pros when you do use up DOGE and other coins which have cheap value is that you would able to make up bets with lots of coins but in reality its just really that cheap thats why it happens
but i do agree on the feeling that it gives  that you are believing that you are hell of a rich guy who have tons of coins but well its just a feeling.lol. On the question of bitcoin price rise affect my gameplay?
No it doesnt because im not depending into its satoshi count but always basing up on the fiat value and if in the past i do play with 10 bucks equivalent to btc then thats still im doing at the moment.