Re: [PrimeDice] [Highest Paid Signature] Earn up to 2.4 BTC/Month by Posting

Because of the same reason why rates droppend when the price rised Wink

But also because more coins are wagered when the price is low, thus they have a bigger budget to spend.

I would like to know from online casino owners that does the rise and fall of bitcoin really effect that much in wagered coins, I know it will effect but only if the rise or fall is of over 300$ .. because its normal with bitcoin to bounce in between 200$window..! but I would like to hear from owners how much does it really effect because if the wagered amount really go up then the rates should be modified.

I'm sure it does...if one BTC is $300...some people may be willing to gamble 1BTC, if the value is $1000, then less people will be willing to risk 1BTC

The the problem is the price fluctuates from 700$ to 500$ within less 25days.. and it happens almost every month..! and we never know if it is at 500$ at the start of a month it may end up at 200$ or 800$ we never know.

The trend is evidently downwards... Cool

Yes, the trend lately has been downwards, but it seems that it should be logically turning around soon. I mean there are literally millions of dollars being poured into the ecosystem to develop new businesses, applications, etc. There have also been a lot of higher ups at major financial companies who have left their companies to join bitcoin companies. I don't think any of them would have done this if they thought they were jumping aboard a sinking ship...

I think that a lot of people have been cashing out and with the mtgox fiasco and the problems in China we have been in a downwards trend but most negative things are temporary even if maybe other exchanges are badly managed and other countries will regulate Bitcoin badly