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Author Topic: BTC getting too expensive to gamble with  (Read 9408 times)
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July 09, 2017, 05:14:23 PM
 #341

Yeah the fee for sending some bits to gamble is too high ,
So if you are going to gamble with just a low budget I guess you won't really feel your profit because of the fee.

Exchange your money to an AltCoin first. I'm seeing many High-Rolls with ETH on Crypto-Games, seems people are moving themselves from BTC to ETH to gamble. That is the most common AltCoin being used to gamble as I see. But if you don't gamble with pennies, there is no problem to continue using Bitcoin, with a big bankroll you can make profit to pay the fees in few bets.

 
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July 10, 2017, 04:27:08 PM
 #342

Yeah the fee for sending some bits to gamble is too high ,
So if you are going to gamble with just a low budget I guess you won't really feel your profit because of the fee.

That's why I resorted to using Altcoins for my gambling and I will recommend that to you. I personally use litecoins and gets confirmed under one minute plus the transaction fees are almost zero. It saves me a hell lot of the disadvantages Bitcoin has theses days.
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July 10, 2017, 07:35:22 PM
 #343

That's why I resorted to using Altcoins for my gambling and I will recommend that to you. I personally use litecoins and gets confirmed under one minute plus the transaction fees are almost zero. It saves me a hell lot of the disadvantages Bitcoin has theses days.

It is faster but it is hard to gamble with altcoin. There are not that many option of site that allow us to gamble with altcoin and some people dont hoard altcoin. I use doge sometimes because it is cheap and I dont need to use fraction of it to gamble, but sometimes it is hard to find site that allow doge betting
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July 10, 2017, 09:01:45 PM
 #344

That's why I resorted to using Altcoins for my gambling and I will recommend that to you. I personally use litecoins and gets confirmed under one minute plus the transaction fees are almost zero. It saves me a hell lot of the disadvantages Bitcoin has theses days.

It is faster but it is hard to gamble with altcoin. There are not that many option of site that allow us to gamble with altcoin and some people dont hoard altcoin. I use doge sometimes because it is cheap and I dont need to use fraction of it to gamble, but sometimes it is hard to find site that allow doge betting

That is true, I think most of these betting houses should start accepting Altcoins and stop over popularizing of Bitcoin because it has deficiencies only Altcoins can be used to solve them.
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July 13, 2017, 12:14:15 PM
 #345

I do not play with other crypto currencies.
Even i don't want it to search which online gambling site accept other crypto currencies or not.
Because if i have a choice to use bitcoin and then i always with bitcoin to play online gambling.
At least i trust on it and bitcoin is too expensive, then if i win in bitcoin, then i win a big money in bitcoin.









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July 13, 2017, 02:23:15 PM
 #346

I do not play with other crypto currencies.
Even i don't want it to search which online gambling site accept other crypto currencies or not.
Because if i have a choice to use bitcoin and then i always with bitcoin to play online gambling.
At least i trust on it and bitcoin is too expensive, then if i win in bitcoin, then i win a big money in bitcoin.
Yes, only if you win. How many times you have managed to win and withdraw and how many times you have lost ? I guess it will not be a good idea to stick with bitcoins to gamble with. Obviously bitcoin is getting too expensive and we are still risking the most valuable thing. Gambling with bitcoin is okay but only for pro gamblers who are making some returns.

I believe gambling with any other altcoins and getting some entertainment would be the timely decisions every gambler must take now just for saving bitcoins for our future.
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July 13, 2017, 02:33:12 PM
 #347

With the increased price, gambling has been found expensive but this is found high with the common gamblers who use micro payments for the gambling. Now this issue has decreased a lot due to the decreased transaction fee than the days when m,ore transactions were found stuck to the network and waiting long for confirmation.

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July 15, 2017, 11:58:52 PM
 #348

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.

Well you don't have to bet like 3 bitcoins, you can bet 1000 satoshis if you want. Or just use fiat money if you think that bitcoin is too expensive to lose now, personally i don't see a problem with bitcoin gambling now. I don't use altcoins for gambling often, but when i do it's usually litecoins, as there are plenty of casinos that accepts them.

 
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July 16, 2017, 09:05:38 AM
 #349

That's why I resorted to using Altcoins for my gambling and I will recommend that to you. I personally use litecoins and gets confirmed under one minute plus the transaction fees are almost zero. It saves me a hell lot of the disadvantages Bitcoin has theses days.

It is faster but it is hard to gamble with altcoin. There are not that many option of site that allow us to gamble with altcoin and some people dont hoard altcoin. I use doge sometimes because it is cheap and I dont need to use fraction of it to gamble, but sometimes it is hard to find site that allow doge betting

That is true, I think most of these betting houses should start accepting Altcoins and stop over popularizing of Bitcoin because it has deficiencies only Altcoins can be used to solve them.
But they know that in crypto currency if bitcoin is the only popular coin. It's only natural that more casinos prefer to accept bitcoin than altcoin because of the extremely expensive and also bitcoin can give them a double advantage if bitcoin price rise.

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July 16, 2017, 09:10:43 AM
 #350

More bitcoin worth more bitcoin casinos will win,also everybody who advertise casinos and it have good high rollers will earn even more money when btc price is goin up what is really good effect of bitcoin growing.
Usually more bitcoin casino's getting more money as many gambler into it. Since bitcoin is becoming expensive to use in gambling it is good if you set a money management on the expenses on the btc you gamble with. Because bitcoin now is expensive, and this is the effect of bitcoin growing as many people uses bitcoin.
You are right. Yesterday I was gambling like fun and lost 0.05 btc around and I thought well, that happens and then I realize ah man I have lost 150 bucks almost and that's humongous. I mean bitcoin gets higher we all know but it is hard to realize and we just gamble too much sometimes without actually wanting to gamble that much.
sometimes it's really so cheap gambling use bitcoin as a currency , but when you convert it to fiat yeah you would surpised that you have spend a lot of money. the volatile actually could make you have an additional advantage and also gives you a huge loss at same time. well it would always come with the risk , so it's always worth i guess to gamble using bitcoin rather than any other currency.

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July 16, 2017, 10:37:12 AM
 #351

That's why I resorted to using Altcoins for my gambling and I will recommend that to you. I personally use litecoins and gets confirmed under one minute plus the transaction fees are almost zero. It saves me a hell lot of the disadvantages Bitcoin has theses days.

It is faster but it is hard to gamble with altcoin. There are not that many option of site that allow us to gamble with altcoin and some people dont hoard altcoin. I use doge sometimes because it is cheap and I dont need to use fraction of it to gamble, but sometimes it is hard to find site that allow doge betting

That is true, I think most of these betting houses should start accepting Altcoins and stop over popularizing of Bitcoin because it has deficiencies only Altcoins can be used to solve them.
But they know that in crypto currency if bitcoin is the only popular coin. It's only natural that more casinos prefer to accept bitcoin than altcoin because of the extremely expensive and also bitcoin can give them a double advantage if bitcoin price rise.

I know it has a great advantages if btc price will rise, but for now it's not a better idea because the price of the current update in the market is declining. Maybe gambling my btc is not that profitable and holding it for a good purpose is a wise choice to do for now.
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July 16, 2017, 05:17:58 PM
 #352

More bitcoin worth more bitcoin casinos will win,also everybody who advertise casinos and it have good high rollers will earn even more money when btc price is goin up what is really good effect of bitcoin growing.
Usually more bitcoin casino's getting more money as many gambler into it. Since bitcoin is becoming expensive to use in gambling it is good if you set a money management on the expenses on the btc you gamble with. Because bitcoin now is expensive, and this is the effect of bitcoin growing as many people uses bitcoin.
You are right. Yesterday I was gambling like fun and lost 0.05 btc around and I thought well, that happens and then I realize ah man I have lost 150 bucks almost and that's humongous. I mean bitcoin gets higher we all know but it is hard to realize and we just gamble too much sometimes without actually wanting to gamble that much.
sometimes it's really so cheap gambling use bitcoin as a currency , but when you convert it to fiat yeah you would surpised that you have spend a lot of money. the volatile actually could make you have an additional advantage and also gives you a huge loss at same time. well it would always come with the risk , so it's always worth i guess to gamble using bitcoin rather than any other currency.
Yes, that is the reason bitcoin gambling is gaining quick popularity against any other payment method based gambling. With bitcoin gambling we may gamble for less than one dollar also which not at all possible with any fiat based gambling. But like I experienced sometimes we may go for bigger amounts without conscious of spending about equivalent fiat values.
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July 16, 2017, 05:44:16 PM
 #353

I convert my btc to dogecoin whenever I feel that deposit fee is way to much.

Regarding bitcoin being too expensive to play with, I agree that gambling with 1whole bitcoin is expensive. But you can always look at playing with lower denominations. You can even bet 1satoShi on most(if not all) of the dice sites.

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July 16, 2017, 06:20:31 PM
 #354

I convert my btc to dogecoin whenever I feel that deposit fee is way to much.

Regarding bitcoin being too expensive to play with, I agree that gambling with 1whole bitcoin is expensive. But you can always look at playing with lower denominations. You can even bet 1satoShi on most(if not all) of the dice sites.

Where will you do gambling? Because if you play in Bitsler website there you can deposit bitcoins and you can convert your coins for other altcoins like Dogecoin or Eth or Litecoin or Burst coin. They allowed you to play with any of these coins. So for you, time saving and you will get good games to play on this site.
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July 16, 2017, 06:25:34 PM
 #355

I convert my btc to dogecoin whenever I feel that deposit fee is way to much.

Regarding bitcoin being too expensive to play with, I agree that gambling with 1whole bitcoin is expensive. But you can always look at playing with lower denominations. You can even bet 1satoShi on most(if not all) of the dice sites.

That is true.
I am playing at Yolodice and I dont need to input a bitcoin just to play, just satoshis is okay.
The good thing is I am being paid now to post and I could gamble that instead of using faucet which also takes away my experience to level up (features of Yolodice)
Sometimes I just spend my time with the chatbox and win the prize from the questions which also can be used to gamble (another feature of Yolodice)
Bitcoin is expensive but there are another ways to earn it.
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July 16, 2017, 10:04:24 PM
 #356

I convert my btc to dogecoin whenever I feel that deposit fee is way to much.

Regarding bitcoin being too expensive to play with, I agree that gambling with 1whole bitcoin is expensive. But you can always look at playing with lower denominations. You can even bet 1satoShi on most(if not all) of the dice sites.

That is true.
I am playing at Yolodice and I dont need to input a bitcoin just to play, just satoshis is okay.
The good thing is I am being paid now to post and I could gamble that instead of using faucet which also takes away my experience to level up (features of Yolodice)
Sometimes I just spend my time with the chatbox and win the prize from the questions which also can be used to gamble (another feature of Yolodice)
Bitcoin is expensive but there are another ways to earn it.

I too have a doge stock and am a user of crypto-games and luckygames but the problem with doges are there are no any sportsbookies accepting doge after the demise of directbet.



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Rainbot
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July 16, 2017, 10:22:01 PM
 #357

I convert my btc to dogecoin whenever I feel that deposit fee is way to much.

Regarding bitcoin being too expensive to play with, I agree that gambling with 1whole bitcoin is expensive. But you can always look at playing with lower denominations. You can even bet 1satoShi on most(if not all) of the dice sites.

Where will you do gambling? Because if you play in Bitsler website there you can deposit bitcoins and you can convert your coins for other altcoins like Dogecoin or Eth or Litecoin or Burst coin. They allowed you to play with any of these coins. So for you, time saving and you will get good games to play on this site.
But how about the rates? Usually in-game exchange has lower rates .
That's why people prefer to convert it on a real exchange instead in the game itself.
People actually too early to decide leave bitcoin for altcoin , bitcoin still have a lot of promising thing , more stronger and a lot of benefit there , just the matter fee i don't think it is necessary to switch.
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July 17, 2017, 06:25:36 PM
 #358

I convert my btc to dogecoin whenever I feel that deposit fee is way to much.

Regarding bitcoin being too expensive to play with, I agree that gambling with 1whole bitcoin is expensive. But you can always look at playing with lower denominations. You can even bet 1satoShi on most(if not all) of the dice sites.

Where will you do gambling? Because if you play in Bitsler website there you can deposit bitcoins and you can convert your coins for other altcoins like Dogecoin or Eth or Litecoin or Burst coin. They allowed you to play with any of these coins. So for you, time saving and you will get good games to play on this site.

Yes I play at bitsler too. And have been one of those persistent player who asked for an exchange on site. But before that I convert to doge in Poloniex and just pay 5 doges to deposit.

New Bitcointalk Talkshow Video(Aug 2023). Bitcointalk discussion
My bitsler ref link bitsler.com
BtcKing 1
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August 31, 2017, 02:02:42 AM
 #359

use other currencies simple
BlockEye
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August 31, 2017, 05:20:58 AM
 #360

I convert my btc to dogecoin whenever I feel that deposit fee is way to much.

Regarding bitcoin being too expensive to play with, I agree that gambling with 1whole bitcoin is expensive. But you can always look at playing with lower denominations. You can even bet 1satoShi on most(if not all) of the dice sites.

Where will you do gambling? Because if you play in Bitsler website there you can deposit bitcoins and you can convert your coins for other altcoins like Dogecoin or Eth or Litecoin or Burst coin. They allowed you to play with any of these coins. So for you, time saving and you will get good games to play on this site.
But how about the rates? Usually in-game exchange has lower rates .
That's why people prefer to convert it on a real exchange instead in the game itself.
People actually too early to decide leave bitcoin for altcoin , bitcoin still have a lot of promising thing , more stronger and a lot of benefit there , just the matter fee i don't think it is necessary to switch.
We can play in any alts we have, some popular casino like fj, already accepting different alts. Maybe when we're playing we can depend on their value and decide what to use in playing.
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