Quote from: TopT3ns on June 27, 2022, 10:44:22 PM

Quote from: Google+ on June 27, 2022, 10:27:55 PM

Quote from: ultrloa on June 27, 2022, 10:05:44 PM

Each gambler have different personal view towards it and no right or even wrong answer with this but actually if you are a whale you will surely feel the pain of bear market condition because the value of your balances decrease a lot and for sure gambling whales feel the bear market to. But also many think that this is paper loss only and they will not lose any dime if they not sell their stash.

Everyone has different thoughts and has different judgments in today's market conditions. but in gambling there is always 1+1 is 2 isn't this what happens in gambling games meaning they only bet and get the win no matter what the current market price is. maybe 80% of gamblers are not holders because when they get a win of course they will switch to fiat. so market conditions don't affect crypto gambling players at all because price volatility is not a big problem for active gamblers.

I don't think gamblers can't have an influence on cryptocurrency price movements but rather they can't, because in gambling places there are many choices of what coin they want to use if they want to gamble, I think they prefer to use altcoins because the exchange rate is still very cheap, it doesn't make Gamblers feel lost when they lose.

Exactly! As a gambler, we will surely want to choose a coin that is much cheaper and its volatility wouldn't surely hurt us that much if it will suddenly inclines or declines, and surely wouldn't mind thinking if they could influence such coin movement. I believe that on average gamblers are not using bitcoins upon betting in their favorite sports book or casino game.