Gambling with the Price Changes?

[OshiTravin]

With the spike in price in BTC recently, do you gamble more or less during this time? I'm assuming people probably buy less and deposit, but what about the amount that's already in your account?

right now comparing with the time this topic was started a lot of things have changed. right now the price rise is so big that you can easily lose a lot of money if you lose today and tomorrow the price has gone up $50.
that is why i think i will be pausing all the gamblings for the time being to stop the losses

I've been needing to take a break from poker to recharge the batteries... converted my roll to BTC and have watched it increase without playing a hand #winning

Nice! Congrats Where are you playing poker, if I may ask?

[Daffadile]

It's normally always a good time to stock up on bitcoins
Buy now and next year the buying power will increase so much you can buy 2x as many things.

[barbara44]

It's getting more expensive to gamble on Bitcoinvideocasino now, I wish they added lower minimum bets to their slots.
Especially if the price goes up even more.

That progressive jackpot does look more interesting though

Yes, now a day the casinos seems more interesting as the price are higher even with small amounts too. It is more fun to play. But it may make more regret at the same time when lose !

[Pursuer]

With the spike in price in BTC recently, do you gamble more or less during this time? I'm assuming people probably buy less and deposit, but what about the amount that's already in your account?

I think it is going to effect things a lot and also in different ways.

for example I think for old gamblers who have been playing these games with bitcoin for a long time, they will continue playing with the same amount as before since it is all about bitcoin and 1BTC = 1BTC in this case.

but for those who want to buy bitcoin and invest in gambling or start gambling with bitcoin or those who are small time gamblers who gamble from time to time it is different because these will always measure things in fiat value so since 1BTC is $700+ these days they will invest and make smaller bets.

[adaseb]

Yeah many gambling sites are like that right now. I am really surprised that they don't follow the fiat and instead follow BTC. There should be changes since it doubled in value.

[electronicfactura]

I was always gambling with limited amount everyday.It really didn't effect me much.It is same if we have closer look if price is higher then chances of winning good money also are increased.There is some type of balanced when we look at buying/selling cost of winning amount.I don't think there is something to be worried about.

[Snorek]

BTC price rise or drop doesn't matter for me at all. I base my gambling bankroll tight and have dedicated gambling budget.
I play mostly with BTC I earn from signature campaigns anyway, so if price BTC is high I might use 0.01 BTC for my gambling activities instead of 0.02 BTC, that's all.

[ThisIsMeLOL]

With the spike in price in BTC recently, do you gamble more or less during this time? I'm assuming people probably buy less and deposit, but what about the amount that's already in your account?

withdraw some coins  , is that hard ? .currently i am doing less bitcoin for gamble

[buddu]

This change is price in my opinion will bring more revenue to gambling casinos/sites because now chances to win more money is at first glance.People really don't care much of how much they are paying to gamble they always see how much they can win.Personally I also am not worried because over all for me is same as was before price spike.

[ralle14]

With the spike in price in BTC recently, do you gamble more or less during this time? I'm assuming people probably buy less and deposit, but what about the amount that's already in your account?

I still gamble the same amount before the price went up. The balance left/stuck in my account(while the price went crazy) are only profits i made from the sites so i dont need to buy and deposit again.

[newcripto]

There will be somehow impact of these spikes in price of Bitcoin.As long as I am concerned I also have limited my gambling limits.I know I can not win always.I begin to place lower bets.We can say these price changes will not bring more profit to casino owners.It will remain same in spite of Bitcoin to reach higher and higher.

[Cresciuanto]

There will be somehow impact of these spikes in price of Bitcoin.As long as I am concerned I also have limited my gambling limits.I know I can not win always.I begin to place lower bets.We can say these price changes will not bring more profit to casino owners.It will remain same in spite of Bitcoin to reach higher and higher.

gambling strategy also change with the change in price. when you earn more you like to bit a lot.

[abugseuf]

i think if you are doing gambling in bitcoin then the price carry no meaning. but if the you doing it in USD or any other currency then you must first calculate the bitcoin and then do gambling because in USD the bitcoin rate is changing on daily basis.

[OshiTravin]

Thanks to everyone who gave their feedback! I really appreciate it

[2double0]

I gamble my coins no matter what the price is. Bitcoins are meant to be played and spent, regardless of its price.
And if I win, it is sure that I will get something better than what I had before, but if I lose, I stop gambling unless I make more btc.

[abugseuf]

I gamble my coins no matter what the price is. Bitcoins are meant to be played and spent, regardless of its price.
And if I win, it is sure that I will get something better than what I had before, but if I lose, I stop gambling unless I make more btc.

but i think that if you are doing gambling in bitcoin then it carry no meaning either the price is changing are not but if you doing gambling in a local currency and for that you are coverting bitcoin in that currency then it matter and it will make you confused with the regular change of rates.

[OshiTravin]

I gamble my coins no matter what the price is. Bitcoins are meant to be played and spent, regardless of its price.
And if I win, it is sure that I will get something better than what I had before, but if I lose, I stop gambling unless I make more btc.

but i think that if you are doing gambling in bitcoin then it carry no meaning either the price is changing are not but if you doing gambling in a local currency and for that you are coverting bitcoin in that currency then it matter and it will make you confused with the regular change of rates.

Hmm good point there. We do have EUR deposits in Bitcoin due to some games only taking EUR.

Thanks for that

[cjmoles]

The price shouldn't matter a great deal unless the price changes extremely fast during the day.  The only significant factor would be the limitations corresponding to the sizes of the maximum and minimum bets.  Other than the bet limitations, it really doesn't matter....bitcoin is bitcoin is bitcoin no matter what you spend it on.

[Yutikas_11920]

I gamble my coins no matter what the price is. Bitcoins are meant to be played and spent, regardless of its price.
And if I win, it is sure that I will get something better than what I had before, but if I lose, I stop gambling unless I make more btc.

true, it does bitcoin useful to satisfy us, but if you get a bitcoin with how you spend money to buy a bitcoin. Then you are very wrong, because it can negatively affect your finances. So I hope you don't do sloppy!!

[rickadone]

It's normally always a good time to stock up on bitcoins
Buy now and next year the buying power will increase so much you can buy 2x as many things.

Well, but do you gamble more or low when the price changes ? I personally play the same value in bitcoins, I play plinko often, because I never judge the value of bitcoins into USD, they are simply priceless man how can I determine their price in USD.