If bitcoin prices rise up to $100,000, will you still gamble using bitcoins?

[angaper]

In fact the price of bitcoin would not have to change the habits of a true lover of gambling. There will always be an opportunity to gamble whether the price of bitcoin is $10,000 or $1 because gambling has always existed since the beginning of mankind.

[1714520387]

1714520387

[Pearls Before Swine]

Sure, why not?  It's already been pointed out that you can split up a bitcoin right down to a satoshi, and as long as transaction fees stay proportional (don't know about if that's true), and if the casinos will accept really small amounts of bitcoin, then why the hell not?  But I think something else will probably come along for specific use as a gambling coin.  You know there are already casinos that take doge and litecoin.  Those aren't ever going to reach $1m.

[pereira4]

I would be finally rich when bitcoin hits 100,000 dollars, some say rich people like to gamble, in my case i would rather spend it on a nice house and live a stress free lifestyle with no work, commuting and other bullshit. I hate working and I hate having to commute everyday. I hope BTC rises to the sky soon so I can abandon this boring torture of a lifestyle otherwise i'll just blow my brains off when I turn 40.

[bbc.reporter]

When that time comes that the price of bitcoins will be $100,000 will you still gamble in casinos and sports books?

If the price of bitcoin is $100,000

0.001BTC/1mBTC/100,000Satoshi = $100
0.0001BTC/0.1mBTC/10,000Satoshi = $10
0.00001BTC/0.01mBTC/1,000Satoshi = $1

1 Satoshi = $0.001

Of course people will still gamble. It will be the perfect time to spend your bitcoins now especially for some people who have waited for so long before enjoying their coins. The better question would be how big will the casinos and sportsbooks become if bitcoin reaches $100k?

[michkima]

I would be finally rich when bitcoin hits 100,000 dollars, some say rich people like to gamble, in my case i would rather spend it on a nice house and live a stress free lifestyle with no work, commuting and other bullshit. I hate working and I hate having to commute everyday. I hope BTC rises to the sky soon so I can abandon this boring torture of a lifestyle otherwise i'll just blow my brains off when I turn 40.

Good luck with that. Invite me to your funeral. If you're just waiting and not doing anything then you would most likely not be rich by 40. Another thing is that your response is not responsive to the question. You replied to an non-existent questions which is "what would you do when the prices raised to $100,000"

When that time comes that the price of bitcoins will be $100,000 will you still gamble in casinos and sports books?

If the price of bitcoin is $100,000

0.001BTC/1mBTC/100,000Satoshi = $100
0.0001BTC/0.1mBTC/10,000Satoshi = $10
0.00001BTC/0.01mBTC/1,000Satoshi = $1

1 Satoshi = $0.001

Of course people will still gamble. It will be the perfect time to spend your bitcoins now especially for some people who have waited for so long before enjoying their coins. The better question would be how big will the casinos and sportsbooks become if bitcoin reaches $100k?

True, those waiting for it to happen will indeed try to gamble some of that money they waited for so long to grow. But the casinos might run away the money they have in their casinos. When it multiplies by 100 times the amount currently for sure a lot of casino owners will be tempted to find an escape strategy.

[FlightyPouch]

When that time comes that the price of bitcoins will be $100,000 will you still gamble in casinos and sports books?

If the price of bitcoin is $100,000

0.001BTC/1mBTC/100,000Satoshi = $100
0.0001BTC/0.1mBTC/10,000Satoshi = $10
0.00001BTC/0.01mBTC/1,000Satoshi = $1

1 Satoshi = $0.001

I think that is the time to stop using my bitcoins to gamble instead i will start selling my bitcoins in the market. That is one of the reasons i am signing for signature campaign. I want to save bitcoins for the future maybe use or sell it so I can have a big profit out of it. But i think many people will be more get addicted to gambling, it is obvious because it has a high price.

[Mr. Big]

It doesn't matter, a gambler is always a gambler, whether by hook or by crook, they will still gamble, I do the same... Actually price of bitcoin won't really change gamblers mind... But for sure the gambling site will make a lot of changes like lowering their minimum bankroll deposit for the gamblers to really afford without protesting... 

[poplolnman]

When that time comes that the price of bitcoins will be $100,000 will you still gamble in casinos and sports books?

If the price of bitcoin is $100,000

0.001BTC/1mBTC/100,000Satoshi = $100
0.0001BTC/0.1mBTC/10,000Satoshi = $10
0.00001BTC/0.01mBTC/1,000Satoshi = $1

1 Satoshi = $0.001

Of course people will still gamble. It will be the perfect time to spend your bitcoins now especially for some people who have waited for so long before enjoying their coins. The better question would be how big will the casinos and sportsbooks become if bitcoin reaches $100k?

the higher bitcoin price the bigger people desire to make their money doubled through gambling, i guess it would be a new phenomenon if bitcoin price reached a very high price like that, the bitcoin casinos would become more popular . and it could drive to a mass spending, rather than just to hold bitcoin people would try to gamble and make it double.

[Dr.Osh]

if it is profitable, maybe I'll use it. but with values as high as it is, I might be more inclined to save bitcoin I have because bitcoin prices are high. I believe at that bitcoin is very difficult to get. so maybe I will not be frequently gamble in using bitcoin.

[Oralmat]

I don't think that it could be matter, because if we have bitcoin and if we want to play gambling than definitely we play it even bitcoin would be reached on the top. Now still we can see bitcoin has come $809. So for me, it is already a big amount of bitcoin, but it doesn't mean that now i left the gambling. I mean bitcoin price doesn't matter. we have matter only which amount we can afford it easily in gambling.

[ethereumhunter]

i think i will not playing gambling as often as now because i don't want to get loss when i am playing gambling and i think the other gamblers will do the same as me because they only want to make a big winning with their money.

[Joel_Jantsen]

When that time comes that the price of bitcoins will be $100,000 will you still gamble in casinos and sports books?

If the price of bitcoin is $100,000

0.001BTC/1mBTC/100,000Satoshi = $100
0.0001BTC/0.1mBTC/10,000Satoshi = $10
0.00001BTC/0.01mBTC/1,000Satoshi = $1

1 Satoshi = $0.001

What's the point of this thread ? Regardless of the price hiking (it's hypothetical in your case) it wouldn't change anything except a few digits here and there.

[erpbridge]

Ofcourse, but no one will obviously be betting the same amount they do now. Personally I would be betting a lot smaller amount but the same dollar worth if that ever happens.

[coynedterm]

When that time comes that the price of bitcoins will be $100,000 will you still gamble in casinos and sports books?

If the price of bitcoin is $100,000

0.001BTC/1mBTC/100,000Satoshi = $100
0.0001BTC/0.1mBTC/10,000Satoshi = $10
0.00001BTC/0.01mBTC/1,000Satoshi = $1

1 Satoshi = $0.001

I don't think anyone will stop gambling whether anything would be price . But I am sure if I have 1 btc at the current price , which is above of $600, and then sudden increase in price atleast half of $100000 then I will never think about gambling because this amount is much sufficient to make  real business .

[grandy]

In fact the price of bitcoin would not have to change the habits of a true lover of gambling. There will always be an opportunity to gamble whether the price of bitcoin is $10,000 or $1 because gambling has always existed since the beginning of mankind.

yes it is true that the price of bitcoin is not going to effect my gambling method. i will even continue if the price of bitcoin will raise to any value. i really like like to play gambling using bitcoin and i will continue it for ever.

[bncbnc]

In fact the price of bitcoin would not have to change the habits of a true lover of gambling. There will always be an opportunity to gamble whether the price of bitcoin is $10,000 or $1 because gambling has always existed since the beginning of mankind.

i am agree the price of bitcoin have no concern with the price of bitcoin, so no matter if the pirce of bitcionraise to 100000 or any further price i will continue playing gmbling.

[Malsetid]

When that time comes that the price of bitcoins will be $100,000 will you still gamble in casinos and sports books?

If the price of bitcoin is $100,000

0.001BTC/1mBTC/100,000Satoshi = $100
0.0001BTC/0.1mBTC/10,000Satoshi = $10
0.00001BTC/0.01mBTC/1,000Satoshi = $1

1 Satoshi = $0.001

Whoaaah definitely not. That's serious money and i can spend it on more important things than gambling. Even now i gamblr with minimal amounts of btc's but if it went up to that high, gambling with it won't even cross my mind. I might start doing serious trading and investments though but definitely not gambling. Well i wish we'd be able to see bitcoin reach that amount first and who knows it might

[sunsilk]

In fact the price of bitcoin would not have to change the habits of a true lover of gambling. There will always be an opportunity to gamble whether the price of bitcoin is $10,000 or $1 because gambling has always existed since the beginning of mankind.

i am agree the price of bitcoin have no concern with the price of bitcoin, so no matter if the pirce of bitcionraise to 100000 or any further price i will continue playing gmbling.

Yeah, no matter what will be the value of bitcoin as long as you are an addicted and dedicated gambler you will still going to gamble.

But I guess this will make you more as sensitive gambler as every satoshi's will count now for the value of bitcoin is totally big enough.

[OrangeII]

i think i will not playing gambling as often as now because i don't want to get loss when i am playing gambling and i think the other gamblers will do the same as me because they only want to make a big winning with their money.

you're right, but I do not know, maybe when I have a bit bitcoin, I probably would take the risk to gamble using bitcoin. maybe it is a big risk, will remain if I win, I also get a great bonus, so it could be an alternative when I really needed the money.

[carlisle1]

even if it raise up to $500,000 people will still gamble using bitcoin, for sure there are no reason for them to stop on gambling because they will still aim for more bitcoin and they will still have more time to play on gambling as they also have enough funds .