Post
Topic
Board Gambling discussion
Re: Bitcoin Crosses $100k. Are Online Crypto Casinos as excited as we are?
by
davis196
on 09/12/2024, 07:51:25 UTC
Bitcoin crosses $100k . There's a lot of excitement in the community. I have counted at least more than 4 topics related to this trending news on the forum. And they all end with questions for the readers. This topic is no different but it is related to casinos. Is this new price a plus for the casinos? Do you think they are excited about this, like it will lead to some kind of growth for them or they are indifferent to it because nothing changes, just business as usual?

Why would crypto casinos be excited about a certain Bitcoin price? Crypto casinos don't care about cryptocurrency prices. They care only about their revenue. I still think that it's a dumb decision to gamble with your Bitcoins. Most gamblers should gamble with stablecoins or fiat money. Crypto casinos existed years ago, when the BTC price was 1K USD, they will continue to exist when the BTC price does above 100K USD. There's no difference for them. Maybe some gamblers are excited about the BTC price hitting 100K, so they will start gambling with higher bets, but I don't think that the overall crypto casino revenues will increase that much.