Whats about the Gambling, when Bitcoin is going up?

[Maesters1-]

Sometimes I wish the Bitcoin gambling sites were displaying the Bitcoin value in fiat so I would know what the current amount of Bitcoin I am betting with is worth because for the past couple of days I had to constantly check with a Bitcoin price tracker in order to calculate my betting unit sizes according to my bankroll. But if Bitcoin continues to rise so much in price I may stop betting with it and move to alt coins or probably stop betting crypto coins altogether and move back to betting with fiat.

yes it is a fact if a person is doing gambling in bitcoin he must know about the price of bitcoin. he will do calculate the rate of bitcoin in his flat currency. or if a person has his flat currency and he went to a bitcoin casino. he will first change his flat currency and then he will decide that how much he as to separate for biting. i think if the rate of bitcoin is going up. the play of a person will depend on the price of the bitcoin.

[poplolnman]

This is the perfect time to lose your money to gambling sites and make them rich. Number of people losing money during this time is tremendously high. As bitcoin is going up, gambling site owners also want too earn huge just like you so the earn money from people who have become blind by their own greed. My advice is to stop gambling during this time and start investing at some better place because it's high time.

But when the price of bitcoin will increase people will stop to bet on gambling websites, as they will get more profit from the value increase of their coins than the gambling sites and that profit will be without any fear of lose.

yeah but would be better if you keep gamble it and you would receive double or even triple profit rather than just stop playing isn't it? many times i got nice profit due bitcoin price going up so fast and at a time i won big amount too. can you imagine i only bought 0.2 bitcoin worth $90 turn to 1.25 bitcoin worth almost $1,000 ?? it's the power of bitcoin!

[equator]

This is the perfect time to lose your money to gambling sites and make them rich. Number of people losing money during this time is tremendously high. As bitcoin is going up, gambling site owners also want too earn huge just like you so the earn money from people who have become blind by their own greed. My advice is to stop gambling during this time and start investing at some better place because it's high time.

But when the price of bitcoin will increase people will stop to bet on gambling websites, as they will get more profit from the value increase of their coins than the gambling sites and that profit will be without any fear of lose.

yeah but would be better if you keep gamble it and you would receive double or even triple profit rather than just stop playing isn't it? many times i got nice profit due bitcoin price going up so fast and at a time i won big amount too. can you imagine i only bought 0.2 bitcoin worth $90 turn to 1.25 bitcoin worth almost $1,000 ?? it's the power of bitcoin!

what you replied is true , just by stopping to play gamble due to btc price increasing is not a good idea and if you are a gambler then i think price wont be matter for you as you will be interested in profit because if you have  1 btc and you see that if you bet on some matches and you win then the bankroll of bitcoin will increase then obviously your value will get doubled by bitcoins getting increased and on the other hand price is also getting high so double side profit.

[cluit]

I think it is increasing he rate of gambling too. because people are earning money in bitcoin as its rate id raising up. so they are investing more and more money in casiono too.

Well I guess they combine gambling and trade, while they make money from the casino, they might as well wait bitcoin prices rise, so when the price rose to a high bitcoin, they can benefit greatly

but there is always a chance of loosing the earned money.

Yes there is definitely lot of chances to lose our coins also, so it come as neutral, and will have not any effect on gambling and casino. Only those people ill be there who want to play no more people will join gambling because of the price increase of bitcoin.

[BitMaxz]

I think it is increasing he rate of gambling too. because people are earning money in bitcoin as its rate id raising up. so they are investing more and more money in casiono too.

Well I guess they combine gambling and trade, while they make money from the casino, they might as well wait bitcoin prices rise, so when the price rose to a high bitcoin, they can benefit greatly

but there is always a chance of loosing the earned money.

Yes there is definitely lot of chances to lose our coins also, so it come as neutral, and will have not any effect on gambling and casino. Only those people ill be there who want to play no more people will join gambling because of the price increase of bitcoin.

for now the price is decrease from 750 to 600 level and i think they are still gamble if they are already addicted in game.
And yeah there is high chances of losing our money in gambling casino because we already know house is always win..

[Ares]

Bitcoin price rise is a positive sign for everyone interested in gambling. How can you not be happy to bet less BTC and earn more money in the process?
In addition high BTC price will advertise our digital currency among people - potential gamblers - as great medium which can be used to power anyone's gambling needs.

It is a Win-Win situation.

[StoreBit]

i think yes if the price of bitcoin is growing up then gambling is also growing up. it is a fact that if people are making money from bitocin they will be more excited and they must do more gambling with higher bits.

[Sidas_Crew669]

i think yes if the price of bitcoin is growing up then gambling is also growing up. it is a fact that if people are making money from bitocin they will be more excited and they must do more gambling with higher bits.

I think it is likely small, as gambling is growing due to growing number of people who want to do gambling and not because of the rising prices of bitcoin. Not all gambling will do gambling sites or opening at a time of rising prices.

[killer5]

I guess there will be traffic in gambling when bitcoin price goes down, because people who have lost in gambling try to recover their looses and wait for the bitcoin price to go high, well for some greedy people i agree when the bitcoin price goes high, they will be into gambling to make high profits, and well for me its the same because if bitcoin price goes high or low, i keep betting, its kind of addiction to me and the price really doesn't matters to me.

[patt0]

You know in these days Bitcoin is going up.
So when bitcoin's price growing up than the users of bitcoins feel very exciting and
So i want ask when Bitcoin going good than have any affect on Gambling?
Is it Gambling also growing up?

Well I only gamble with BTC now, so my bankroll is based on BTC and not on it's value, so for gambling purposes it does not make any diference if it rises or goes down, because I will bet the same amount of BTC. Of course that when I cash out and convert my btc to dollars, then it plays a big role on my winnings, but there is nothing I can do about that.

[abugseuf]

i dont think that bitcon will go it will remain here and we will enjoy gambling using bitcoin for ever.

[aranachristianjay]

You know in these days Bitcoin is going up.
So when bitcoin's price growing up than the users of bitcoins feel very exciting and
So i want ask when Bitcoin going good than have any affect on Gambling?
Is it Gambling also growing up?

Yup it is also going up,

try to think that you have a plentiful amount of reserved bitcoins for your gambling, and now the price is continuously going up,
then the value of your bitcoins when it is converted to money also goes up, thus making more money run on the gambling sites, which also creates an effect on gambling.

[aranachristianjay]

One who gambles for fun does not have anything to do with its price, but people who gamble to live, will not gamble much when price goes up, in fear of losing what they already have.

yeah if they just bought their bitcoins at this time when the price is high.

But if they had a bag of bitcoin from the time the price was still low, I think they will continue to bet the amount they used to bet with.

And one more thing, people should not consider gambling as a way of earning a money for living, they should find a more stable way to earn money without a big risk.