Post
Topic
Board Service Announcements (Altcoins)
Re: Just-Dice.com : Invest in 1% House Edge Dice Game
by
Azlan
on 15/05/2014, 03:34:32 UTC
I think people are more likely to gamble when the price is going up.  Wealth effect.  More money means more disposable income.

Lottery ticket purchase per capita is inversely correlated with income (and considered by some to be a regressive tax).

The wealth effect is valid as well.

I assume there is a selection bias for now regarding BTC...... Poor people don't have BTC.  (Hypothesis)