Quote from: swogerino on Today at 01:10:37 PM

Quote from: hahay on Today at 07:48:25 AM

Quote from: gunhell16 on Today at 07:37:39 AM

Maybe for those who have been playing crypto gambling for a long time it has no effect on them, and I’m sure they won’t be bothered either because they know that kind of move in this industry. And then if anyone will be affected by this sudden fall in the price of bitcoin, it is none other than those who are new to this industry and do not yet have enough knowledge of cryptocurrency. What they can do right away is to release their gambling winnings immediately because they will think that Bitcoin will continue to collapse, which is not really going to happen.

I think if they were new they wouldn't pay much attention to the ups and downs of the price, because basically they would focus on the stakes and not on the price on bitcoin. But indeed, the decline in the price of bitcoin will not affect the overall bet because every gambler and player certainly has its own way and calculation for them to hold, withdraw and deposit. So far the price of bitcoin has experienced a lot of decline but in fact there are not many gamblers who complain about it and also, not many of the developers are bankrupt, because more of them survive and continue to grow over time.

That is because many but many of the reputable and trustworthy casinos don't let you play in Bitcoin currency by default,or better to say that slot providers like Play n Go and a couple of others always exchange your balance to dollars and thus you don't pay that much attention.Also when we play sport betting every major casino and sport book let us directly play with Bitcoin as currency and this is also the case where new players would not notice anything.

In fact if they are really paying attention to anything they would see that when playing slots for the same amount of Bitcoin when we are in a bear market like right now it is not a wise idea to play as you are spending Bitcoin for a much lower value in dollars as when we are in a bull market.

We know that bitcoin is a volatile assets. I think I will not agree that it's not a wise idea to play using bitcoin because of it's lower value. It's just the same thing as not letting traders trade because the value of their bitcoin is now reduced. If we play on a casino using bitcoin, Bitcoin will also be the reward. If a casino do not offer bitcoin as a default, I'm sure we can choose bitcoin and just avoid or use altcoin if that casino doesn't offer bitcoin as a currency to play at their casino. We can see that majority of crypto is going down and it's the market cycle we are experiencing. If the gambler want a stable, The gambler should opt of real world currency casino or resort to crypto casino that offers stable coins to play.

If the gambler understand the volatility of bitcoin, the gambler wouldn't be affected much.