Post
Topic
Board Gambling discussion
Re: Does bitcoin dump have any impact on gamblers ?
by
Botnake
on 02/07/2022, 12:09:32 UTC
the reason for the volatility of bitcoin that makes me only play gambling on sites that provide their own tokens like betfury...
In my opinion the dump affects everything. No industry is left out. So yes, the gambling industry is affected as well. It is definetly going to be affected by volatility and other external forces. It would have been a good thing if we have more casinos with their tokens because that would help mitigate the effect of bitcoin dump. I don't think we have enough of those though. 
Dump but not collapse, we've seen many dumps in the past but it turns out it's just normal in the crypto space. Why people like to invest in crypto is because of its high volatility, and despite of the dump, these people will not panic anymore because they are optimistic that the market will recover, so that's the same mentality gamblers have.