BTC getting too expensive to gamble with

[Fireblade]

Exactly, he really mean to play same amount in fiat rather than on quantity of BTC due to the expensive price. Personally, My bankroll was 1BTC when BTC is equivalent to 1000$ but now, I lower my bankroll due to price surge of BTC.

Exactly

I mean, you just need to set an amount of money you'll deposit in FIAT instead of the amount you'll gamble
Rise of value in bitcoins is good for your gambling, not bad!

Yup the price will change my bankroll. Before I use to play some high amount but now I  reduced my betting amount because of this price increase. I know while playing gambling games with BTC we do not convert it into fiat currency, But some calculated gamblers like me will think about the value of our bet amount.   

That is true, BTC price doesn't make difference in gambling game. You just need to adjust the rates proportional to fiat. Decrease your bet in BTC and you will continue betting the same amount (in fiat) you bet before. But maybe OP thinks it's becoming worthless to bet with Bitcoin, because it's not good to lose BTC as the price is constantly increasing. If you lose 1 BTC today gambling, you will complain a lot about it tomorrow.

if you are earning bitcoin then it is not such a big problem you can smoothly and easily play gambling with it but if you are exchanging your own money in to bitcoin and then use it for gambling, then it is a little hard but i think still it is depending on your investment if the price goes high then you have to invest a little amount, any investing a little amount still you can play for a long time.

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[naidray]

That is true, BTC price doesn't make difference in gambling game. You just need to adjust the rates proportional to fiat. Decrease your bet in BTC and you will continue betting the same amount (in fiat) you bet before. But maybe OP thinks it's becoming worthless to bet with Bitcoin, because it's not good to lose BTC as the price is constantly increasing. If you lose 1 BTC today gambling, you will complain a lot about it tomorrow.

I believe you need to psychologically get ready to go with lesser amount of satoshis to gamble according to the rapid increase in bitcoin values. We just got practice into gambling with some fixed amount of bitcoins like 1mBTC as a decent bankroll or as a decent base bet.

But I believe over time people will adjust these amounts according to the fiat equivalent. But it might needs more time and more importantly bitcoin should get stabilized at these big price levels.

[pixie85]

For me it's never too expensive. I never played with 1 BTC or something close to it, it's always fractions, pennies.
If Bitcoin goes up by one zero in price I will go down by a 0 on my bets, it's as simple as that.

[Patatas]

What other cryptocurrency are you using and which casino are you playing at? BTC is getting to expensive to be depositing and playing in just BTC.

We at crypto-games.net support 5+ amazing alternative currencies since we saw the potential grown in the alt coins.BTC isn't getting expensive if you don't compare it with the fiat,you shouldn't.

[Baofeng]

What other cryptocurrency are you using and which casino are you playing at? BTC is getting to expensive to be depositing and playing in just BTC.

We at crypto-games.net support 5+ amazing alternative currencies since we saw the potential grown in the alt coins.BTC isn't getting expensive if you don't compare it with the fiat,you shouldn't.

Specially if you compare with USD, bitcoin then will be expensive. I remember when I go travel abroad and I want to buy something. If I convert it to our local currency it is very expensive. But that mindset is wrong. Don't compare or convert it to your currency. So if you can afford to gamble with btc then stick to it. If you don't want to, others site offer alt coins for you to use or deposit.

[Slark]

That is true, BTC price doesn't make difference in gambling game. You just need to adjust the rates proportional to fiat.
Decrease your bet in BTC and you will continue betting the same amount (in fiat) you bet before.

That is the most sensible answer. Bitcoin is suitable for gambling like it was before. The only thing that changed are disproportionately high transaction fees.
Standard tx fee is more than 0.60 USD, it might be troublesome for more stingy players. But some casinos will still pay withdrawal fee for you - for example: FortuneJack.

[stripykitteh]

Well even it's getting to expensive I'm still gonna use it because i get more profit from it than other crypto currency but at the same time im using altcoins like doge coins in gambling because its more way cheaper than bitcoin . but the profit from it was not like on bitcoin because of the price difference. i hope you get my point. im living that way that's why im earning a lot of money every week in gambling.

Bitcoin is getting pretty expensive though I don’t notice Bitcoin as being too expensive to spend on certain things. I would like to spend Bitcoin whenever I wanted and try to build up the amount of Bitcoin I have rather than sitting around and complaining about how expensive the price of Bitcoin is. If someone is really scared that the price of Bitcoin is really high so they can’t spend it -it might be because they know that they will lose that money.

[BitMaxz]

I think if you are gamble the price of bitcoin is not matter. since you can watch the price of bitcoin and adjust what you are betting before to decrease the amount or the same price to the present price..
So i think we can not say that gambling is expensive anytime you can adjust what you are betting,. since you can bet even 1 satoshi in many gambling casino so its not a problem..

[tabas]

Let's just ride with the price increase of bitcoin and as a gambler take it as a good situation. Because you can now gamble with smaller amount but if you really don't want to gamble with bitcoin because you consider every satoshi is high, just keep on using your reserved alt coins, like DOGE and LTC.

[Skarner21]

Let's just ride with the price increase of bitcoin and as a gambler take it as a good situation. Because you can now gamble with smaller amount but if you really don't want to gamble with bitcoin because you consider every satoshi is high, just keep on using your reserved alt coins, like DOGE and LTC.

You got the point altcoin is a good alternative to use if you want to play with smaller price.. dogecoin is the best choice i think.
Since the price of bitcoin are keep increasing dogecoin will be good alternative because you are just paying smaller fee for every transaction unlike in bitcoin that asking for more higher fee for every transaction.

[Casabrandy]

Let's just ride with the price increase of bitcoin and as a gambler take it as a good situation. Because you can now gamble with smaller amount but if you really don't want to gamble with bitcoin because you consider every satoshi is high, just keep on using your reserved alt coins, like DOGE and LTC.

You got the point altcoin is a good alternative to use if you want to play with smaller price.. dogecoin is the best choice i think.
Since the price of bitcoin are keep increasing dogecoin will be good alternative because you are just paying smaller fee for every transaction unlike in bitcoin that asking for more higher fee for every transaction.

That s good advice, I'm looking also for alternative that I don't need to spend a lot,will try perfection if its more convenient to use, bitcoin value now is increasing that I might regret if ever ill be using it since it can double any time soon.

[btcney]

What other cryptocurrency are you using and which casino are you playing at? BTC is getting to expensive to be depositing and playing in just BTC.

Yeah, it takes for me right now 0.001 BTC just to send a transcation and another 0.0005 BTC to withdraw the bticoins from the online casino. This is pretty ridiculous considering before I could play with 0.0003 BTC, i can send it to a casino like Primedice, still get 0.0002 btC in my balance minus the transaction fees, and have a good time enjoying myself.

But now, the transaction fees are getting way toooo high.

I'm using Dogecoins now, because the tx fees are still low af compared to bitcoin. 1-2 doge deposits and withdrawals. Thats like 200 satoshis at max, compared to 100k sats with btc. Bitcoin's becoming more like gold than digital cash.

[ice18]

Only the transaction fees was getting expensive but Im still using bitcoin as the main coin for gambling Im also using Etherium sometimes on my favorite betting sites especially directbet.eu they are accepting ether, litecoins, dogecoins and dash you can try it.

[MinerHQ]

For me it's never too expensive. I never played with 1 BTC or something close to it, it's always fractions, pennies.
If Bitcoin goes up by one zero in price I will go down by a 0 on my bets, it's as simple as that.

Yes, most of the people will readjust their betting amount but some people mindset might have set for a certain amount to start betting in BTC for those guys may be it matters unless they also readjust betting amount. Because I usually start from 1000 Santoshi and today still that is my minimum bet in dice game but in sports bet I always bet around $50 UDS per match and not more than that amount.

[Cryptogott]

Luckily you can still gamble with doge and other crapcoins without risking much of your wealth.

Bitcoin will get much higher than what it is now.

[machinek20]

The price of bitcoin has soar high and I had change my gambling into alt coin, sometimes I used litecoin sometimes I used Doge to play depends on which casino I played, I feel I better saved my bitcoin because I kept seeing the price going up

[tabas]

Let's just ride with the price increase of bitcoin and as a gambler take it as a good situation. Because you can now gamble with smaller amount but if you really don't want to gamble with bitcoin because you consider every satoshi is high, just keep on using your reserved alt coins, like DOGE and LTC.

You got the point altcoin is a good alternative to use if you want to play with smaller price.. dogecoin is the best choice i think.
Since the price of bitcoin are keep increasing dogecoin will be good alternative because you are just paying smaller fee for every transaction unlike in bitcoin that asking for more higher fee for every transaction.

Doge is a good choice that's why I suggested it too but still there are a lot of it in the alt coins list you just need to get those alt coins that will be good for your alternative gambling. And once you was able to grow those alt coins that you gambled, that's the right time to sell it with bitcoin and boom that's instant profit.

[Rinder]

Changing btc for another altcoin to gamble wont make a big difference since you will kee risking money in the end into gambling, the olny advantage might be the time you wont wait for your coins to get credited, but outside those there is no difference, since you can adjust the ammount you play daily and those way remain into your daily limit.

[marlboroza]

What other cryptocurrency are you using and which casino are you playing at? BTC is getting to expensive to be depositing and playing in just BTC.

I don't understand this thread.

If bitcoins are getting to expensive than deposit less bitcoins. If you think fee is too high than pay lower fee and use via btc, only problem i see here is players want their deposits to gamble ASAP.

Other thing i don't understand is if you want to gamble why do you care about fee? It's money you can afford to lose and you will probably lose it, do you think half dollar fee more or less would make any difference?

[Winner]

What other cryptocurrency are you using and which casino are you playing at? BTC is getting to expensive to be depositing and playing in just BTC.

I don't understand this thread.

If bitcoins are getting to expensive than deposit less bitcoins. If you think fee is too high than pay lower fee and use via btc, only problem i see here is players want their deposits to gamble ASAP.

Other thing i don't understand is if you want to gamble why do you care about fee? It's money you can afford to lose and you will probably lose it, do you think half dollar fee more or less would make any difference?

I think that the OP wanted to ask this question because he or she found a website then began gambing and noticed that the gambling website was featuring good odds with a good payout –the only thing wrong might’ve been their limit on each bet.
I think that some websites don’t allow people to bet unless the minimum Bitcoin limit gets placed in, it was 0.001 BTC from what I saw a while ago. Some places aren’t worth betting if the limit for Bitcoin is below 0.001 BTC.