Gamblers around the world use crypto and bitcoin to play the bets. Do they really care if the bitcoin prices dump hard? I know traders are directly impacted by this dump, and investors are also in panic but what about gamblers. Their motive is to play gamble and they may not be a concerned if the price of bitcoin is declining sharply?
Absolutely it does. I don't have volume numbers from casinos but people will definately tend to gble more if theor trade earnings are in the green versus in the red. It's a lot easier to take losing a lot of money if it was your profits versus your "hard earned money". Is there site stats publicly available somewhere to see?