How has past few months affected your gambling?

[SyGambler]

the price shouldn't matter that much cause it always fluctuate , but it may affect some people who professionally gamble btc ( I mean who make money gambling pure btc )
people who play for fun shouldn't be affected since they either gamble a certain amount of fiat , or they are holding bitcoin and they are gambling a portion of it no matter what the price is

but it's kinda tricky  , for example I deposited 1000 euros in a fiat bookie but I lost a little , even with my loss if I ask for a btc withdrawal now the amount should be bigger than my deposit  since I always try to accumulate more btc I consider that I profited from the price move 

[Caladonian]

As owner of a gambling guide - Bitcoin Gambling 101, I am curious as to how the crazy December and then January price changes affected your gambling wins/ losses?

This certain movements from the value of bitcoin affects those gamblers who really enjoyed playing inside crypto houses, they use bitcoin channels to easily deal with their activities, for sure they are not happy as the value really fell continuously those who have funds inside the house will be forced to
hold and keep on playing instead of exchange it to fiat, personally I'm not playing that much anymore so I can say that I'm not affected I just enjoying
the service of easy betting online.

[btc_angela]

As owner of a gambling guide - Bitcoin Gambling 101, I am curious as to how the crazy December and then January price changes affected your gambling wins/ losses?

In December with bitcoin was in its peak, I stopped playing in online games and decided to play on a traditional land based casinos. The price is too high that time and the confirmations are very slow and its hard to control yourself putting a bet because you know that bitcoin is somewhat expensive.

But since its plummeted, I haven't try but let see. I might deposit a few bitcoin and try my luck because I've been on a roll since playing in the land based casino specially this February.

[Oilacris]

As owner of a gambling guide - Bitcoin Gambling 101, I am curious as to how the crazy December and then January price changes affected your gambling wins/ losses?

In December with bitcoin was in its peak, I stopped playing in online games and decided to play on a traditional land based casinos. The price is too high that time and the confirmations are very slow and its hard to control yourself putting a bet because you know that bitcoin is somewhat expensive.

But since its plummeted, I haven't try but let see. I might deposit a few bitcoin and try my luck because I've been on a roll since playing in the land based casino specially this February.

One of the factors why i didnt play on those times not only bitcoin was too expensive to spend but also the confirmation times and fee rates which really bother me and with this i do minimize my activity on gambling and rather focus into other things (not related to gambling) and now im seeing normal rates with faster confirmation i might consider to back with the track.

[ajmapalo22]

Actually for those who are earning bitcoin from gambling by this time are surely happy because the number of bitcoin use to bet will have a lower equivalent in fist and when they win they can hold their coins and wait till the price pump and so they will have additional income from holding. Those who made bitcoin thru faucets are also claiming bigger value than before.

[Clement Kaliyar]

The price of bitcoin and the ever increasing transaction fees was a real pain and i completely stopped going to bitcoin based gambling sites solely because of the ever increasing price and the transaction delay and went back to fiat based sites,hopefully with the price settling down,the transaction charges will be reduced and with the segwit activation,things will be fine .

[paul00]

I don’t know if it was only me but during transition of December to January, the finances that I had has lessen, same with the value of bitcoin which has decreased as January comes in. In effect, expenses and risks such as what gambling has is being controlled. Setting a tighter limitations is needed to make sure that it won’t get to a point where a large amount of debt will be incurred.

[glowing10]

The price of bitcoin and the ever increasing transaction fees was a real pain and i completely stopped going to bitcoin based gambling sites solely because of the ever increasing price and the transaction delay and went back to fiat based sites,hopefully with the price settling down,the transaction charges will be reduced and with the segwit activation,things will be fine .

Currently due to btc prices so low people would like to try their luck by winning some btc so that they can compensate the loses which they have incurred during this fall. Also now with the segwit things are getting faster than before and also the network fees are dropping.

[poplolnman]

Of course it didn't affect my winning/losing at all, but i gambled way less bitcoins than when their price was smaller, but i still gambled using same USD amount. I think it's same with everyone else, maybe some gamblers didn't play these weeks at all due to huge bitcoins, and their transaction fee, prices.

There might be some differences on btc value but still people would really play on usd amount on major cases i believe. On my side it doesnt really affect on how prices go with bitcoin since im just playing anytime with usd value no matter what would be the amounts of bitcoin can be spend as long i do already know the limits.

I personally always use use USD rates when bitcoin value skyrocketing, but take an opportunity to get a lot of bitcoin when the price crashes so I increase my bet amount in the last few weeks , love to take a risk as it's the meaning of this real life. Well at least that's what I've done.

This is actually the advantage when bitcoins price is low on where we can really accumulate lots of it since it is just cheap but yet the same amount of money in local fiat value been risked. Its up to you actually if you can really took the risk or not since you do know the opportunity behind it when you do won those bets but not totally a clever thing or to rely on specially when we do talk about gambling.

That's just part of the strategy how you can grow your bitcoin as sooner or later it would heading into a hard time to collect bitcoin in the future where the price could bounce back. Take this golden opportunity or you might feel regret it later, just don't go allin and expect nothing for your long term gambling . Win big and walk away to wait bitcoin price to the moon.

[BTCeminjas]

That's just part of the strategy how you can grow your bitcoin as sooner or later it would heading into a hard time to collect bitcoin in the future where the price could bounce back. Take this golden opportunity or you might feel regret it later, just don't go allin and expect nothing for your long term gambling . Win big and walk away to wait bitcoin price to the moon.

Yeah it is now the great time to buy bitcoin for gambling while bitcoin is affordable in the market with the low low price and stored to your account in gambling. This opportunity now you will not regret if you invest bitcoin now for gambling soon the price is going to moon and that times you a profit already. But don't be greedy on gambling maybe it turns you nothing just to chasing a money.

[audrey12]

Before I use to gamble using only small capital but when the value of bitcoin pump last December my capital appreciate and I get more chance to gamble. This year bitcoin price drops the amount of capital I use is the same as last year so when the value drops so bad my capital also decrease as is I already experience loss in gambling.

[panjul07]

Bitcoin price does not really affect my gambling activity as I have my own limit in my fiat currency. So no matter how high or how low the bitcoin price, my limit stays the same. The only problem was only when transaction fee was so expensive but there are always an alternative to gamble with altcoins.

[mrcash02]

Talking from the gambler point of view, months ago the prices affected by decreasing the BTC bet size (as the price were more expensive before), and now increasing again the BTC bet size (as the price is falling hard). The loss/profit, considering in fiat rates, didn't change anything, as the bets made by gamblers follow the Dollar price. At least it doesn't change anything on short term, but when BTC price increase again, gamblers will check their historic and see those past BTC losses and think: Wow, I can't believe I have lost so much money on that time...

From the investor and casino point of view, now things are better than before, as gamblers are playing higher, increasing bets sizes, consequently generating more profit for the house and its partners. On short term it's not possible to feel any difference in profit terms, but when BTC price increases, it will make all the difference!

[pcdgroup]

70% my asset has gone.

[bering]

the price only effected for the traders but not for the gamblers although the price low or the price will very high but the gamblers still regularly gamble without worried about the price and usually if i'm not mistaken they were gamble with random amount and as long as they have bitcoin and want to starting gamble then they will gamble without thinking too much for the price movement

[NorrisK]

I didn't affect my gambling at all.. I always bet based on the bitcoin or altcoin amount, not the USD value of the bet.

In addition, those bets are based on my total bankroll as I only ever bet a maximum of 2% of my bankroll to ensure I don't go bust.

[Indrawan77]

I will say the price affected my gambling activity, because I always calculate my bet in fiat, so when the price go down I can bet more, and  when the price keep on declining, it gives me more courage to bet more, it's like if I lose then it's okay, the price is going down again tomorrow so I dont feel too hurt losing the money

[di.ako.toh]

This past few months, has been a very shaky feeling in part of BTC, due to unstabilized position of coins in the market. I think it was favor to people who loves gambling somehow, because only small value of coins do they bet in gambling, so whenever they got lose or win it is much fine.

[tabas]

As owner of a gambling guide - Bitcoin Gambling 101, I am curious as to how the crazy December and then January price changes affected your gambling wins/ losses?

Isn't this thread is just like this one? Does crypto market decline affect your gambling?

[JanpriX]

The frequency of my bets that I made this year is way lesser than the ones that I made from 2017 especially when BTC is in its ATH. As you may have guessed, this is due to the price crash of it and other altcoins in the past days. I obliged myself to avoid gambling at all cost in this times of uncertainty. I don't want to lose my BTC in betting alongside its crashing price. This is just my way of handling situations like what we have right now. I'm sure that others are not affected at all and didn't change their gambling habits.