Quote from: Silberman on Today at 04:16:58 AM

Quote from: Ludmilla_rose1995 on August 10, 2022, 10:34:06 PM

Quote from: smartaction on August 10, 2022, 04:11:21 PM

Trading and Gambling is totally different things. when someone start gambling must of the gamblers use there fiat money for gamble on the real offline casino. But then they comes on online casino then they buy btc or others currency instant by fiat money and deposit there money on Casino platform. So i don’t think if btc price dump it can impact on gamblers

someone who is a heavy gambler will definitely not mind the price of bitcoin even if it drops because in his mind only how to multiply his money, it is very different from traders who think bitcoin only based on fiat value. so in my opinion, the falling bitcoin price has no impact on the decisions that a gambler will take.

I think that even in those circumstances gamblers with some compulsion issues will still care about the dump that is happening, because if they made a bet and they won they will realize they are not winning as much money as they could have won before the dump, so in order to compensate for this fact they will increase their bet size or to gamble for longer, which over the long term will only increase the chances to lose more money against the casino and this will make their compulsion even worse.

There are times that the gambler will care about the dumping that is happening or will be conscious enough if there will be soon while they are gambling because they could really lose some money along the way if they don't do something about it, they will adjust as they cannot really avoid that. Some are also using different type of crypto currency that is not so volatile unlike bitcoin and other leading altcoins, either way, it's a matter of perspective by the gambler because we have our own reasons why we chose some certain crypto for gambling.