Post
Topic
Board Gambling discussion
Re: Bitcoin Crosses $100k. Are Online Crypto Casinos as excited as we are?
by
romero121
on 09/12/2024, 23:23:15 UTC
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?

They are more excited than we are because their business is Bitcoin-related; they have a huge portfolio of cryptocurrency, and now that all coins are experiencing a big pump that means triple the income for them if they converted it to fiat, this is probably the best time to become a business owner that's accepting Bitcoin.
There are additional signature campaigns now because they have additional funds for campaigns and many of these are casinos.
Surely there'll be big excitement among the entire casinos with the price of bitcoin crossing $100k. This is a big milestone, and casinos will be holding a big volume of cryptocurrencies, and that makes a big change in the net worth of their business. At the same time they'll also be having the fear of missing out. Gambling platforms always have their edge, which makes them generate a specific amount as profit, unlike the market movement. When the market price reaches high, the net worth increases. On the other side, when the price increases, people gambling used to get cut, and most people start to spend in terms of USDT and not with bitcoin.