Quote from: Taskford on December 22, 2023, 01:15:12 PM

Quote from: Litzki1990 on December 22, 2023, 05:16:51 AM

Currently, excessive transaction fees have become a huge problem for a gambler or a user. If you have to pay $20 to $30 fee per transfer to withdraw money or deposit money or transfer money, it is not good for investors or gamblers like us. However, this will not be a major concern for gamblers as gamblers not only have to transfer BTC to gambling sites, but gamblers can transfer various stable coins to all gambling sites if they wish. It is foolish to gamble with Bitcoin already because Bitcoin is a coin full of potential and the value of Bitcoin is increasing day by day to catch up. High transaction fees have become a problem for those who regularly transfer bitcoins from one wallet to another.

Well that usually the main case if they use bitcoin since we will be force to pay such huge fee if we continue to use it despite on its current condition. But maybe there are less gamblers using BTC now since for sure more are into altcoins since this is cheap alternative for them to continue their gambling activities. Maybe their bitcoin balances is for now intended for DCA or HODL purposes since bitcoin market is so far doing great.

Hopefully all is well with bitcoin and fees go more lower so that there will be no huge problem to occur if we want to transact bitcoin on any transactions they want to spend their bitcoins. But for sure gamblers can get used to it if this problem will continue to happen since we still have cheap alternatives available in the market.

In my case what is regrettable is that the same amount of BTC that I transferred for gambling now seems to be almost double. That is, if I have deposited 70 dollars for gambling, now that 70 dollars has increased and shows 140 dollars from my wallet, that is, if I did not use 70 dollars for gambling at that time, then now that 70 dollars in my wallet would have increased and show 140 dollars. Gambling with Bitcoin and profiting from gambling, I think it's a loss because the value of Bitcoin has increased so much since then and continues to increase. So I have now decided to gamble with dollars rather than gambling with Bitcoin so that I have the potential to profit from Bitcoin as the price of Bitcoin rises.