Re: Do casinos make more money when the price of Bitcoin drops?
When Bitcoin's price drops, many people end up losing money and become discouraged by the market. But online casinos continue to operate normally and receive bets every day.
This makes me wonder: do casinos actually earn even more during these downturns? After all, some players may gamble to try to "recover" what they lost.
Or is it the other way around? Since players have less money available, do they bet less, and casinos also make less profit?
I'd like to hear your opinion: when Bitcoin's price drops, who comes out on top: the casinos or the players who manage to control themselves?
Their's nothing concerns bitcoin and casinos, even though people are losing in bitcoin investment gambling sites will continue having traffics, because they're people who believe that with gambling they will make it, and they are people who is bitcoin enthusiast but they're lover of gambling, which they can't skip gambling in any day, so the things are differs, gambling will continue continue moving and I believe that even when bitcoin is falling, in gambling site is not only bitcoin can be use to gamble, usdt litecoin and ethereum can be use to gamble in any casino site that accepts cryptocurrency This makes me wonder: do casinos actually earn even more during these downturns? After all, some players may gamble to try to "recover" what they lost.
Or is it the other way around? Since players have less money available, do they bet less, and casinos also make less profit?
I'd like to hear your opinion: when Bitcoin's price drops, who comes out on top: the casinos or the players who manage to control themselves?