Bitcoin Forum

I guess everyone here noticed some decline (hopefully temporary) of almost all coins people used to gamble with. :) Is it affecting your gambling?

It does in some ways. Though buying bitcoin itself is a gamble and you are gambling the the gambling token. Your profit and loss should be considered along BTC is BTC gambling and the fluctuation in USD should be measure with your amount of Bitcoin bought.

Of course you can only be affected if you are using cryptocurrency on your gambling but if its not you can still do it no matter what status of the market is. I tried to gamble online once using btc and I think those who are used to gamble with bitcoin are the one who are truly affected by its value and also with the fees right now.

It's quite an obvious that fluctuation in altcoin prices has a significant impact on the gambling activities of any gambling individual. With the current prices, gamblers tend to push a bit higher than they would've a month ago, just to get those extra bucks before cashing out as lower price means higher coins to be obtained before withdrawing.
As fees has plummeted to very low amounts, seems like withdrawal fees on various sites has dropped down to negligible value, which is the only boon from a gambler's perspective.

Sadly it does, ever since I started to gamble with bitcoins I decided not to trade with Fiat, and this was helping me continue my gambling addiction and yet saving on Fiat. However as the prices have tumbled its no longer feasible to play with bitcoins, I'm spending to much plus the fees to is a big issue. However I believe as the prices shall rebound we shall see a huge demand back, just a minor setback.

Sort of. As a gambler who also knows the worth of  every of his Satochi, with this dip price of bitcoin, I am somehow skeptical of playing with double of the satochi I used to play with before. Knowing fully well that the amount of that satochi is higher when the price pumps back. But I keep on playing though, cause if you love and know your Game, a few coin might earn you a double of it. Moreover, this dip might not last forever.

And notice how the activity around the gambling section have gone down this past couple of weeks.  I guess it's either most people have converted to fiat or yeah, the crash affected their gambling habits fo sho.

I noticed it too which activity is less compared on previous months where price of bitcoin and altcoins is still on higher prices.People wont tend to play as of these days and they would either choose up to invest or buy cheaper altcoins and accumulating while its still cheap rather than on spending it on gambling. It will recover soon once market would settle.

For me it has an impact if I want to cash out early. So I have to change my bets according to the coin price.
But if not, if I'm looking on a long term betting, I keep my unit bet size the same all the time.

Well yeah, it does affect my bet sizings on certain games I play, but other than that, no.
I think the amount of fees I'd have to pay to send a deposit has more of an affect than the sudden drop in price.

I had switched over to Litecoin for the most part, just because transactions were so slow and fees were too high for my taste.

Buying bitcoin is not a gambling but it is a highly volatile investment. Gambling means playing some games for enjoyment purpose but your buying bitcoins to make a profit.

I don't think bitcoin prices will have much impact on gambling but because of its transaction prices has come down a lot and transaction become faster which surely increase bitcoin gamblers.

of course it is...I use to win 100 dollars easily as i new 0.01 btc was valuable now it means i need down the luck to make as much as i made but the market is slowly recovering made i won't have to work extra hard to make some profit

For me yes especially that I use bitcoin in gambling. The amount of my capital increase since I need to target an specific amount of winnings, I need to bet mire bitcoin to earn more and I think the moment I lose some at this lower rates bitcoin has is as if I lose twice in an instant. Sometimes I think I should not gamble until tge market stabilize again.

It's affecting everyone, and there is a good point behind it. With the drop in Crypto market, people are using more coins to gamble, so there are more coins in circulation on the casinos, more coins being moved. I don't know if casinos exchange their coins into fiat often, if so, the supply on the market will increase, pushing the prices down a bit more, but seeing this, investors will start buying the cheap coins, pushing the demand up and consequently the Crypto market's prices. If the prices must decrease to increase the demand next, let it be.

At some point Crypto market will affect your gambling game the opposite it's affecting now...

Yep it affected my gambling practice and I find it negative because before when bitcoin is on ATH. I can gamble with fewer bits because the value is really high. That's why I need to take some rest and while waiting for the price to increase I'm sticking to apps and games so I can play gambling games for free. And when the price starts to be healthy and goes back on ATH then I gamble some bits again.

If someone uses bitcoin for gambling, of course the decreasing value does affect. Ifnthe value is at low point yhe gambler will have to use a lot of btc but with lower price. So it means that the gambler will use bigger capital than what he spent during the high peak of btc.

Yes It does affect because as the price of cryptocurrencies fall many gamblers online started to lessen their bet since the value is lower. Compared to previous months where online gambling is very crowded where gamblers are actively gambling online.

Of course not, why should it affect your gambling? For me there is a very important thing that you need to do when you gamble. You need to define your gambling bankroll, that basically states what you are willing to lose. You can do that in two things, either by defining your bankroll in crypto, and keep using that, so it doesn't matter if the value increases of declines, because you are using a crypto bankroll. Or you can define it in fiat, even though you use crypto.

If you chosen the second method then it should only have an impact on your gambling habits if the price went up. You convert $500 to crypto, and the price goes up and you now have $1k worth of crypto. I think you should withdraw half, since you decided that you would only risk $500. If the crypto price falls, and your bankroll is now worth $250, I think you shouldn't do a thing. The price will most likely bounce back, so you should continue to gamble the same way. By doing this, you will be sure that you are never risking more than you can afford to lose.

I think your talking opposite way because if bitcoin prices go down you can see many people who are buying bitcoins to gamble will bet more compared to when prices were high. If Bitcoin prices go very high then most people may think twice to spend money to buy and gamble. But people who have got old stock may be different and they won't look at the market price to gamble.

this is only true if the price is already low and staying there, not when it is dropping and on the way down there. during the drops or even rises people tend to go back to trading and being more active in the market itself specially if it is dropping so they pull out of any other activity such as gambling.

I think now many gamblers stopped to play gambling with bitcoins and they prefer to play with altcoins the reason is last year Bitcoin price. it went up to $20k, and I don't know how many gamblers felt so bad. But you are right when the price is less people will not think more and when it is skyrocket they will double time before placing a bet amount.

This is unpredictable and it's also affect on my  gambling habit especially when bitcoin market all turn into red.
At the moment I'm experience some losses so I try to gamble less than ordinary time

I do not spend much on Bitcoin gambling and thus prices does not affect me much. I got one advantage by this. I have noticed that now that prices of Bitcoins are on lower side, I can see my deposits being processed in less time. I know it will not last long as Bitcoin prices will recover but I am enjoying the current trends.

It should or rather it automatically would affect the amount of coin used for playing gambling but gambling is not the right way of using any crypto coin. I am not a gambler or you can say that I quit this game long time ago, but if I still were one, I would have rather played more due to the downfall as that means losing same amount would mean less loss than before. But I am happy that I don’t play anymore.

Normally its decline affect on our gambling. But mostly those gamblers feel happy who play gambling on daily basis but i am not a regular gambler but it is clear bitcoin price increase and decrease affect on our betting.

Since that you have not mentioned, I hope you don’t mind me assuming that it was bitcoin which you were using to play gambling before. Bitcoin is the most beneficial asset on the face of Earth and I am happy to see that you have shifted to Litecoin because that has actually far less potential than bitcoin. Now, you can earn good amount of profits after some time because bitcoin is expected to touch 30k dollars in coming days.

Yes, i was affected because the Bitcoin value decreased in which you need to spend more bitcoins to match up every deal in gambling in which unfortunately if you loose it will doubled the cost of losing but in order to stop the damage i did stop gamble for a while and wait for the market to bounce back. This moved bores me but i don't have a choice but to wait until finally market is healing now and i can play more deals than last week.  ;)

It doesn't affect me when market is declining, it affect me when its increasing ans casinos have same minimal bet. When you gamble you need to know your bankroll, minimal and maximal bets, it's not same when 1 mBTC minimal bet is 1 dollar or 19 dollars.
Like some other people here I also use other alts for gambling, when ever I can. Nitrogen where I play poker doesn't accept any other coin, just bitcoins, who knows maybe they will change that. But they don't have slots and I like to play slots sometimes. Last time I played was at fortune jack, they had nice promo if you deposit doge so I deposited doge coins.

No,it does not affect because i don't gamble using my coins and i also seldom gamble in my place. What i do is still holding my coins up to now ,i never tried gambling using bitcoin because i am so afraid to lose it.

I notice this too, since the value is declining the process is no longer that long and I was able to catch some games that I wanted to bet unlike before that it's taking some time so most of  those live games that I wanted to bet won't work for me as I needed to wait for my deposit to appear and most of the time odds already change or being removed, but just like you, I also limit my time and only use spare coins to have some fun  so I'm not  affected that much.

The same as here, maybe it is not affect if you don't withdraw your remaining balance while bitcoin is in dip. Besides you can spend more of bitcoin in gambling, why not you just hold your investment amount in gambling site after increasing then you may withdraw on it. It serves as a spare bitcoin in your account that waiting for increasing and then withdraw and you bet more using this bitcoin.

Ya if you inverse in bitcoin and price of bitcoin raised certain percentage means, you will get profit. In gambling also you will get profit based on a luck.Now the price of bitcoin is low,so you can place a bitcoin in gambling and get more profit from it .But you have to take it as a game.

Definitely it has an effect to the amount of BTC I am using when am playing in a gambling with cryptocurrency.  Since it is cheaper, I can spend a higher amount of BTC unlike when BTC were 20k USD.  It somehow double the amount of BTC which I can spend at the same rate in USD.  So this means, I can play longer and even bet higher amount in BTC than my previous bets.

I mostly gamble what I can afford to loss in terms of USD not interms of number of coin. However When market goes down like this I stop gambling my coins.

I think casino's profit also decline with decline in crypto price.

As for playing gambling online, specially while using bitcoin for playing gambling i convert my fiat in to bitcoin, and if the price of bitcoin is decline ten i have to invest more money, because i do my calculation in fiat  therefore i do not think that the change in bitcoin price either it is increasing or decreasing it do not put any financial effect on me.

Many decides to minimize their gambling activities due to this , and I'm one of them, than to gambling I prefer to wait to more dips of some alts to buy, though I sneak some dice game once in a while, red days indeed affects our activities may it be in trading or in gambling.

For me no it doesn't effect my gambling, what can i do if i love gambling? I chose to gamble with crypto so whatever price it go as long as the site is accepting that crypto that i have that is good to me already. However others are right its getting boring nowadays because some of my friends in gambling sites are not playing because they are depressed in the current activity of CRYPTOs nowadays.

I think it doesn't affect my gambling. maybe for gambler which uses bitcoin as the bets, it's effect on their gambling, but I don't think that this is effect too with gambler which uses dogecoin ;D no matter how much bitcoin price, as long as dogecoin is cheap, it will not affect with my gambling ;D especially if I can buy a lot of dogecoin for a bet.

For sure, the price of bitcoin affects my gambling to a certain extent, even subconsciously. It affects how much I bet and how much I can afford to put on the table.

Even myself do still sneak out on playing some game but not really too much because money is already allocated or budgeted in trading. Gambling for few minutes or few rolls isnt bad but having this decline of prices should seen as an opportunity.

Most of the people use bitcoin as medium for payment, therefore when the price is dropping i think it will surely effect them, but i think that now the bitcoin price is raising again and therefore we are hopeful that very soon bitcoin price will reach to its previous high price and will even continue increasing and thus gambling will once again recover their lost that they made because of bitcoin dumping.

this is the advantage given by bitcoin.
although this I do not think has an impact on my gambling,
but if we calculate on fiat currency is very visible comparison.
this is what I like about bitcoin gambling.
besides being able to benefit every gambling,
in terms of price can be said this is a long term investment.
because prices continue to grow in the future

It does affect my gambling somewhat, for sure. But I do revert to traditional casinos using fiat currencies if it is not beneficial to me.

Of course all of us is really affected here because all the tokens now is in red waves and this is so difficult I think to gamble because this ia now big lose. And I think some gamblers are now pause there game everyday in casino sties and wait until all tokens and coins that been use to gamble is to recover. This is big problem now so this is my thinking about playing gambling now.

I don't think it will affect any of the gambling practices because our rewards are only calculated in terms of bitcoin so the rewards will be the same only the value is changed,so I think now people can deposit more amount of bitcoins but only the winners maybe worrying that the rewards are less than before.But don't forget that the price of bitcoin is still at $9000 which was around $3500 before 4 or 5 months.

Of course, the decline in coin prices mostly will affect our playing style. When the price drops, I will raise my bet amount and when the price goes up, I will do the opposite.

It will effect, it has to. Most addicted gamblers will get a chance to increase there gambling capital, yeah Bitcoin or any other crypto currency is the one used to calculate the rewards, but still now we need to first convert our fiats to Bitcoins etc., so when the rates are low, we get more amount of coins and it helps in increased betting or gambling stakes.

You are right, we may get the more bitcoins because of its cheaper price but it does affect our rewards too.But the gambling addicts have a good chance to increase their funds now.
But I am not a full time gambler so it doesn't affect me in anyways.

Even if it seems it doesn't, it somehow does because I feel like when I bet, I depend it on how much the rate is. If the rate is low, then I can bet more and do it vice versa. The rewards may be of the same amount but it will definitely not be of the same value which is why I really think that the rates somehow do have an effect towards the gambling practices of people. Overall, I guess people would prefer having the rates at a low but also having high winnings so that when the market is in a good place, they would also have a good value for their winnings.

It does effect me , losing 1 bitcoin 2 years ago was just 700$ but today it is 8000 which has affected me a lot and i was able to control my gambling habits also because of this rise and started saving. Today I'm really happy even if the market does decline it's falling to 6000$ which is still a huge amount , no matter how low bitcoin becomes i will never gamble again

I think downfall on crypto will have no negative effect in gambling. There can be a positive effect though, as now people can buy BTC in less price and can gamble more with their money. You can say Gambling is Cheap these days until the Bitcoin prices tries to rise up again.
Overall, i think there is not much decline in gambling industry due to this fall of cryptos.

Yes that is right, decreasing price of bitcoin making it easy for the gambling er purchase bitcoin and play with more money, When the price is increasing then they may not be able to buy more bitcoin with little money, Therefore decreasing price of bitcoin may have good effect on gambling and people may become able to buy more bitcoin will little investment.

Now the price of bitcoin is half of the old value. So you can easily increase the bet amount.If you place 1000$ in term of bitcoin means, you can place more bitcoin as compared to past month.
This time you can place huge bitcoin in gambling. This will increase the chances of winning.

Then do you want to miss this cheap period again to see the price skyrocketing in the future? You can spend bigger amount of bitcoin now before it's went to $50k and to enjoy your profit later. If you feel ready to lose what you've wagered,mi think this could be a worth taken high risk investment, that's all.

Lately bitcoin fees are down a lot and they are not a factor to affect my gambling. Normally the price drop should affect us in a better way , meaning we can buy bitcoin cheaper for gambling and not the other way around like many people are complaining here. Also people like me who are mining bitcoin at home with multi GPU setup don't care much about the bitcoin price as long as it is profitable (btc profit-energy>=0).
For me it is the same in gambling, even if bitcoin price is 100 usd or 100000 usd.

I completely agree to what you are saying.
The fees always affect you when you are gambling. Due to the fact you want to cover those fees so they do not cut into your winnings. And if they are too high such as they were a month ago, you will try to win that amount of the fee and most of the time lose more if not all in trying to do so.
I do find betting with a lesser coin such as litecoin not as satisfying as if you were betting with bitcoin because, if you look at your winnings, are about a tenth less. :-X

I hope this has happened. Betting bitcoin on random games is a little insane and stupid act. This currency is the most powerful one, possesses the most potential to grow the capital of holders, losing it without even selling it out is equal to losing a golden opportunity of becoming a rich person. Just think how much profit buying one bitcoin now can give by the end of this year if it really touches the predicted value of 30k dollars.

I think it is purely depend on crypto market change.If the price of bitcoin is low,It's possible for me to buy huge bitcoin for certain dollars.Instead the price of bitcoin is high means,I will buy a less amount of bitcoin. Since the gambling accept the bitcoin, I will use to inverse less when the price is high and higher when the price is low.

Everyone has been affected when the market has declined. When I'm out of funds during that time, I care about the fees as the value of bitcoin is increasing too. But now that the market has dropped and fees went down too, I don't care about the fees anymore.

Yes because I need to consume big amount of bitcoin now unlike before and I tend to feel a little regret when I lose a game because I always think bitcoin value will increase again and I'm going to lose a lot from gambling. Sometimes I'd rather play using faucet claims so I will not consume much of my capital.

Previously the fee was too high so I stopped to do BTC transaction and started to play with another coin. The fee actually scared me but now everything is ok It back to normal but the price dropped. now I have enough fund but I will not use to play gambling, I want to save BTC for my future use. I don't like to lose BTC just for my fun. I am ok with playing other cheap coins.

It isn't affecting much my gambling for two main reasons. First of all for me it is more important that Bitcoin transactions are going faster (than it used to be recently), than its price, second of all, you can always use gambling websites, where low bets are allowed, so you still won't be losing too much.

I do stop playing gambling with btc on those times on where the fees was insanely high even more than on the amount that I do tend to play on gambling which is ridiculous if you do decide to proceed but yet it didn't completely stop me on playing since there are another options to play by making use of altcoins but the essence on playing altcoin came from btc is entire different for me.(Its just me).

Of course it does, it affect us by putting a mire in our mental health in which we are not playingn as confidently or we are constantly thinking that if we lost this game and there is a decline then that would mean much more lossess. It puts much steain and pressure in your actions and that makes it hard for some people and thats why sometimes in a decline they do not play

I also stop when bitcoin fees high, but now a days, bitcoin price down then it is easy for us to play with bitcoin. But now in the coming time i think bitcoin once again will increase a lot of then it will be trouble for us. 

Do not gamble with btc or altcoins now as the market have recovered well in few days and seems to be recover more in coming days. So if you happen to lose some games it means you will lose out the opportunity of holding your coins and making some gains as the price continues to rise.

If you just buy then gamble then withdraw and convert the coins back to fiat then there is really no problem. Think of it like you are in a real casino where you trade your fiat for chips and you play with those chips. If you do that then there is really no point in speculating if it would rise or fall, you are only left with just regular and the old fashioned gambling.

Many considered of stopping when the fees are too high but right now as for https://bitcoinfees.earn.com/ the fees are only 100 sats/byte. I'm not scared with the fee as the only thing I need to do is to stop and wait for the storm to calm and I did a good decision when bitcoin went through a correction the fees were also changed. When I'm still have some other alts on hold I would go with Doge, for me that's the cheapest and easy to gamble with.

Yes the decline in crypto market will also affect the gambling because through this the market activities also affected like if the rate of the crypto fall which is using for gambling the value of your present money also changed so the rate affects gambling and when the crypto activities are large in numbers then the prices are also changes with it some of the people are totally using bitcoin for gambling and they are trying to be successful in this.

choosing altcoin like dogecoin as a bet is a good choice for the gamblers because the dogecoin price is really cheapest and if we buy the coin, we can get the big amount so we can use it for the bets. personally, I don't want to use my bitcoin for just playing gambling because bitcoin for me is too worth and it is better to use for another thing.

No it does not matter affecting our playing gambling even the value of bitcoin was decreasing because my purpose is to entertain myself and not to earn.Remember that having a profit with gambling is based on our luck.

Agree with you. Ups or downs of crypto value have no effect on my gambling activities. Because what I see is number of coins and not values.

It's not only cheap but its also quick when you are transferring it, quick transactions, cheap value and cheap fee. And what's good about using DOGE, most of the casino's are accepting it although there are casino's that are only accepting specific altcoins and others are bitcoin only. This is why there are altcoins that you can use for those people who don't want to use bitcoin, we've got alternative coin instead of using bitcoin when we gamble.

It does. When you just win altcoins that is equivalent to $10k but then a day after, every coins are crashing just like what happened on the first weeks of February. Now, its value is $5k and less than that and now you want to gamble using fiat but its just a bad idea for now.

Of course yes, how can you gamble with your Bitcoin when you know any minute, its value changes DRASTICALLY. Hence, I only gamble when it kind of establishes a mainstream level and when the price changes are quite settled. Add to the fact that I only gamble when the winning price at stake is much expensive than the 'probable' changes of Bitcoin's price. But you know, it has been extremely difficult to gamble because of sudden insurmountable fluctuations.

Well. To overcome that problem, we must get used to gambling using bitcoin, so even though the price is changing drastically. it will not affect our gambling, and keep it quietly without thinking about the changed bitcoin price. because it is used to gamble with a minimum amount of bets in the count of bitcoin and not bitcoin to fiat

I believe you can gamble with it even with the wild fluctuation unless you are using the bitcoin you cannot afford to lose.  The golden rule in playing gambling is to use what you can afford to lose so that you won't have regret if you lose them all.  So basically, we should not be affected even though the market of Bitcoin keep on declining or even if it is increasing.  Since 1 Bitcoin is still 1 Bitcoin no matter what its price is.

Yes definitely. When BTC was making new ATH everyday, I'm holding my Bitcoin so strong that I don't wanna spend any amount of it, including to gambling. I always find another way to gamble, like using traditional online payment system or buying altcoin just for gambling.

Now that it has decline quite a bit, I don't feel the need to hold strong anymore. I spend some of my spare BTC for gambling. I guess I'm living more freely when BTC is down :D

I just lowered a bit from what i usually play. Effect of current rate on gambling habits isn't very visible for me. It's also a coincidence that i only gamble occasionally.

I personally play gambling regularly and in such condition i also lower my gambling limit through which i control myself from big lost, but now the situation is becoming good, and hope that the very soon the conditions will become normal and will very soon come to normal. We should always adjust our gambling according to the situations.

No it is not affecting me at all. I don't always check the price of Bitcoin and I don't adjust my bets depending on the value in USD. It's especially easy since i'm playing with the money that I earn with my signature campaign so I'm always getting the same amount of coins and I know that I can always burn the same amount if needed.

I did this also, lowering the bets that I used to play higher due to the USD value is going down. But what I like before when the value is quite high, I'm happily gambling with a very tiny amount of bitcoin and I consider it as a big one but now when the bet is too low, its literally low so it did affected my gambling bets. I'm looking forward to see again the high price of bitcoin so that I can back again happily gambling with the lowest bet that I can be.

 Nope, because I don't gamble using my btc I'd rather go to real casinos. The price are highly volatile and its risky to use bitcoin because of its price right now, better to hold on it. Gambling is a thing that you should not do with your bitcoin because the value of it will increase in the long run so don't waste is just to get some pleasure.

But with the passage of the time people now have changing their gambling, they are not preferring to visit a real casino, but trying to play gambling from their own home. They like to play gambling online which have so many benefits. While playing gambling now you do not need to convert your fiat into dollar or any other fiat currency but can play gambling using bitcoin throughout the world.

How come you that the price don't bother you in any way? I mean bitcoin price isn't a joke and it's a lot nowadays and with this I better just not to gamble while the price is dump or I'll just use alts if ever I want to gamble badly.
Well I must say you're a gambler in the blood. ;D

If you are only a gambler it is not a big thing for them while if you are an investor or a trader and a gambler you are very much affected with it. In all of this, typically this huge price drop affects allot of traders but not all gamblers. It is definitely depends on how they able to play and use the amount they won.

Reality wise, gamblers will not be affected in any chance because they are aiming to play whatever the price will go, it will maybe affect them in a small
way as if the value rises high the value of amount that they can purchase crypto using fiat will be much lesser unlike now where the value falls down
then they can buy more and enjoy much longer.

Another thing is that you're not gambling in dollar format. Its in sats. It's not like you're calculating the fiat equivalent of every satoshi you'll spend right? Of course there are some who will be conscious but if you've been a long time btc gambler, the current value would mean less.

When I gamble I did not used my coins to play that is why It doesn't bother to me and never been gambling in an online site, I used to gamble outside of my hometown and I used our own paper money.

Just the same.I am also using our own fiat when i gamble   since bitcoin are still not accepted in my own country.But when the market are in tough times,i also see to it that i will gamble only with a minimum amount.I always set limits for myself before going to gambling so as not to be frustrated whenever i get lose in gambling.

Basically this makes no difference when the price is at the highest position. But yeah, this is a bit of a good impact for me. I won a little more than usual with I toss with the dollar at the time the price goes back up I get more money from this fall.
I am sure you understand what I mean, transaction costs are very cheap with this decline.

Approximately 50 of the largest cryptoes on the market showed a large drop in value. But within a few hours, it recovered. While Bitcoin, and some altcoins such as Ethereum, Dash, and 10 other altcoins in the global market have even gone back up. for the crypto gamblers it had a huge impact on their bets

I'm completely opposite to you. Because I never gambled with fiat money until now and only gambled with cryptos. I no need to provide any documents or need to go through with a verification process to play with cryptos. But I usually set some fixed amount like $100 or $50 worth of coins to play each time so crypto prices not much impact.

Only those who gamble with cryptos are affected on this thing specially with bitcoin. The price drop is hurting their habit, they should place more coins to meet their desire value which is not good for them. Well, in the first place its really risky to gamble but they still playing then let them feel this thing.

The fees didn't go down because the price fell it is because of few insiders who deployed sort of lighting network and that's the main reason for increase in speed of transactions and decrease in price

Certainly, the declination of crypto always affect gambling and particularly in terms of profit if ever you will win the game. Because the betting quantity should be increase in order to win more, unlike if the market value of bitcoin is high then we only need to bet a low quantity since it already have gaining bigger value.

When a person is playing gambling, he must at least kick out the thought of earning profit from this useless game in any way. Indeed, if he wins a game in which crypto currency especially bitcoin was used, he would be a little rich but that does not mean it can become a method to increase capital. He has equally chances of losing that money too. Also, gambling is the worst way a person can waste his precious digital asset.

I am also not affected by price decline of BTC. I do not consider my bitcoin investment very much  different from fiat money that I have in banks. One can easily switch them in hours through the exchange. Also, these days I do not play that much and thus this decline mas minimal effect on my gambling activities.

Gambling may affect the crypto currency value but I do not think that price changes may attack the crypto gambling. Actually if number of people reduces using gambling such betting or slot roll that is good for the people and they can also able to save some money.

If you do not want to crypto currency fluctuate, you should hold it as much you can then keep avoid cashing out or utilizing the bitcoins on the shit places like gambling websites or elsewhere.

very influential many also see that there appears to be an institutional game that is trying to push the price of crypto down.

The price drop affects my gambling activities. When bitcoin prices are in declining condition, I will increase my bet amount and vice versa. I have to adjust to the target I want to achieve.

Yes now a days the people are willing to use crypto and bitcoin is very important part of our lives so if you have crypto then you can use this for gambling and the crypto users are using this currency for gambling so when the price fall in the market the gambling also affected and with this the users are using this currency for gambling and other uses.

That was the problem back when the prices went as high as almost $20,000. People don't want to gamble with bitcoins as it is extremely expensive and the fees are so high as well at the time. Now that the price is relatively stable and that transaction fees are pretty low, I'd expect everything will go back to normal and people will start gambling with bitcoins again.

When I am in a gambling site, I don't think about the =dollar value of my bankroll, instead I think of it as it is ( bitcoin ). I don't want to worry too much about it since I got it as bitcoin, why would I care about its dollar value? Besides, my salary in fiat value isn't included in my budget for gambling and would never be.

Maybe you would worry about it if you are converting your dollar to bitcoin then gamble it.

It's back on depends of each people., sometimes some people are have intend to gamble just for fun only or indifferently using the coins to bets. And some other people are so very considered about the price movement of the coins which's used, and not arbitrarily decide to gamble, that's hope the coins which's used., would be going to be increased in a certain time.
Well for me personally., it just have a little affect to me on whenever I bets in a gambling, sometimes I got more excited if see about the rising and greener of the price movements.

It affects some people, especially people who are holding bitcoin for the long term. On the other hand, some people do complain about the drop of the price because they believe it affects their gambling. However, I do not see how it really affects it. Perhaps the gambling site sets high bets if the price is high and vice versa. And if that is the case, then it really affects them.

Of course, it does. How can you gamble when you know that the price of Bitcoin now is lesser than you bought it for? Gambling it may give me chances of recovering a good percentage of my investment but likewise, it gives me chances of losing more money. Just that in the latter case, the loss is not just paper loss but already an actual one. Hence, I am putting myself in a riskier position than I already am.

When crypto market is down, I try not to gamble so as to avoid incurring more losses due to actual losses and price devaluation. I would never want to lose so much just because of my own carelessness.