btcltccoins (OP)
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June 02, 2016, 11:16:42 AM |
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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?
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marioantonini
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June 02, 2016, 11:42:35 AM |
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if you understand tradig, for me can is gambling. i use more bitcoin to sporting betting, but in my head i think "today i can spend 50 euro" and i spend all the bitcoin amount for 50 euro, if bitcoin up or down for me not is different in my bet
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btcltccoins (OP)
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June 02, 2016, 11:56:13 AM |
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if you understand tradig, for me can is gambling. i use more bitcoin to sporting betting, but in my head i think "today i can spend 50 euro" and i spend all the bitcoin amount for 50 euro, if bitcoin up or down for me not is different in my bet
That's all mean, it doesn't matter, when ever bitcoin price, if Bitcoin going up or down. Its mean bitcoin is depend on gambling but gambling is not depend on bitcoins. We are playing gambling because we want to play it and we want to win the bitcoins but both are different ways bitcoin and gambling.
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ajaxmoor
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June 02, 2016, 12:06:31 PM |
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I feel gambling urge increases when prices fall, because people try and recover their losses from the price drop by gambling. With increase in prices gambling generally goes down.
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Babayega31
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June 02, 2016, 12:31:05 PM |
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i dont think it would affect because most of gambling site are based on USD for their bet amount thats why even if price of bitcoin is high its no effect because it still de same betting amount.
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Red-Apple
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June 02, 2016, 12:48:17 PM |
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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?
growing up?!! actually i think it is the other way around. it means people are less willing to gamble because they will lose more money now that the price has gone up.
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JeffBrad12
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June 02, 2016, 01:42:48 PM |
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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?
YYeah, growing up a price of bitcoin will have any effect for gambling, make a some people more ambitious to gain many profits. So, maybe some users gambling will increase because a chance to make a profit is growing too. Well, let's see the bitcoin price effect for gambling.
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bithasher
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June 02, 2016, 01:46:22 PM |
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I think another reason to gamble more to get more profit as bitcoin is going up.I don't see any negative effect of this increase in price.It can be doubled still people will keep betting.Actually there is no loss of value anyhow you loose or win same value.So I also am playing same and all this is seamless for me.
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fulgdenea
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June 02, 2016, 01:53:00 PM |
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Normally i placed my bet into USD instead of bitcoin so that now i am going with less amount of bitcoins by placing bets into amount using US dollars, i think that good sign for me because now i have to take risk of low amount of coins for betting but profit/loss is same before current rise.
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eternalgloom
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June 02, 2016, 01:56:36 PM |
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Well it depends if the gambling site in question converts your Bitcoin deposit into fiat to play on the site or not. If not, you're forced to play for higher stakes than normal and I think most people would be less inclined to gamble.
Maybe not if they were holding Bitcoins from when the price was lower.
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crairezx20
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June 02, 2016, 04:46:11 PM |
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Same here i also relying in bitcoin price usd is my main not in bitcoin so that i can calculate how much i lose.. Its really affect the price and you will reduce your bets.. unlike rich man they can still can bet the same as before.. even the price of bitcoin is high..
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XERES
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June 02, 2016, 04:51:55 PM |
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A real gambler don't care about the price they keep gambling with bitcoin no matter is the rate going up or down, well if for me i still afraid to gamble when bitcoin going up.
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Jasad
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June 02, 2016, 06:06:03 PM |
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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?
i dont think that bitcoin price give impact or any effect for gambling industry,bitcoin gambling is always growing and not depend on bitcoin price,not matter how much bitcoin price drop or going up,gambling stay grow,maybe just some people stop playing gambling because they rather to safe their bitcoin.
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socks435
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June 02, 2016, 06:13:27 PM |
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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?
i dont think that bitcoin price give impact or any effect for gambling industry,bitcoin gambling is always growing and not depend on bitcoin price,not matter how much bitcoin price drop or going up,gambling stay grow,maybe just some people stop playing gambling because they rather to safe their bitcoin. I think there's an affect for the price of bitcoin in gambling your bitcoin because they are fixing their capital first in usd not in bitcoin because bitcoin right now is high for me i dont spend to much in gambling because of the price of bitcoin right now and i think it will increase more so it is better to hold hit and use few them in gambling to try my luck..
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Nahl
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June 02, 2016, 06:43:01 PM |
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bitcoin prices doesn't any effect for the gamblers and they will still gambling even though bitcoin prices down or rise up because i think the gamblers will never thinking about bitcoin prices and they will thinking only how to gambling with good results and won
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ajaxmoor
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June 02, 2016, 06:50:22 PM |
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bitcoin prices doesn't any effect for the gamblers and they will still gambling even though bitcoin prices down or rise up because i think the gamblers will never thinking about bitcoin prices and they will thinking only how to gambling with good results and won
If you are a gambler, then the chances of you looking to only see good results are negligible. Its always about the stash and how to grow it . Thats what motivates a gambler. Else all gamblers would just be betting pennies to not care about their stash.
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DodoB
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June 02, 2016, 07:17:14 PM |
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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?
It probably attracts more people to gambling since now you can make more profit.
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wuvdoll
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June 02, 2016, 07:46:15 PM |
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I don't quite understand your question about Gambling going up. But regarding bitcoins, it's going up probably (not entirely sure) by the halving which will be anytime this July. This will probably not affect gambling that much because the gambling sites would just probably continue to operate on their usual daily basis.
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aranachristianjay
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June 03, 2016, 06:04:49 AM |
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I also don't understand the question if gambling is going up, but as on my self point of view if BTC price are increasing which is most commonly the effect of the halving and china's economic distress and a lot of total gamblers invested some of their $ for bitcoins and will sell it later for a higher price then those total gamblers that earned their profit will probably gamble their money for a possible doubling of it which in total increase the users of gambling sites.
And those gambling sites will earned a profit from those gamblers as most commonly they always lose, Like me, it is so seldom for me to win a game.
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btcltccoins (OP)
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June 04, 2016, 11:16:48 AM |
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I also don't understand the question if gambling is going up, but as on my self point of view if BTC price are increasing which is most commonly the effect of the halving and china's economic distress and a lot of total gamblers invested some of their $ for bitcoins and will sell it later for a higher price then those total gamblers that earned their profit will probably gamble their money for a possible doubling of it which in total increase the users of gambling sites.
And those gambling sites will earned a profit from those gamblers as most commonly they always lose, Like me, it is so seldom for me to win a game.
If you understand that bitcoin is going up, so why you not understand that gambling in going up? if you can't understand so should read the other threads, may be they all have strong mind than you. But i m clear my point that bitcoin price is going up mean( increasing), so thus gambling is also going up mean ( increasing), mean, what affect on gambling when bitcoin price is in high place?
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