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Author Topic: Does crypto market decline affect your gambling?  (Read 605 times)
pixie85
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February 25, 2018, 10:51:57 PM
 #81

No it is not affecting me at all. I don't always check the price of Bitcoin and I don't adjust my bets depending on the value in USD. It's especially easy since i'm playing with the money that I earn with my signature campaign so I'm always getting the same amount of coins and I know that I can always burn the same amount if needed.
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February 25, 2018, 11:13:50 PM
 #82

I just lowered a bit from what i usually play. Effect of current rate on gambling habits isn't very visible for me. It's also a coincidence that i only gamble occasionally.
I did this also, lowering the bets that I used to play higher due to the USD value is going down. But what I like before when the value is quite high, I'm happily gambling with a very tiny amount of bitcoin and I consider it as a big one but now when the bet is too low, its literally low so it did affected my gambling bets. I'm looking forward to see again the high price of bitcoin so that I can back again happily gambling with the lowest bet that I can be.

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February 25, 2018, 11:33:48 PM
 #83

 Nope, because I don't gamble using my btc I'd rather go to real casinos. The price are highly volatile and its risky to use bitcoin because of its price right now, better to hold on it. Gambling is a thing that you should not do with your bitcoin because the value of it will increase in the long run so don't waste is just to get some pleasure.
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February 27, 2018, 11:13:55 PM
 #84

Nope, because I don't gamble using my btc I'd rather go to real casinos. The price are highly volatile and its risky to use bitcoin because of its price right now, better to hold on it. Gambling is a thing that you should not do with your bitcoin because the value of it will increase in the long run so don't waste is just to get some pleasure.
But with the passage of the time people now have changing their gambling, they are not preferring to visit a real casino, but trying to play gambling from their own home. They like to play gambling online which have so many benefits. While playing gambling now you do not need to convert your fiat into dollar or any other fiat currency but can play gambling using bitcoin throughout the world.

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February 28, 2018, 09:14:26 AM
 #85

No it does not matter affecting our playing gambling even the value of bitcoin was decreasing because my purpose is to entertain myself and not to earn.Remember that having a profit with gambling is based on our luck.

How come you that the price don't bother you in any way? I mean bitcoin price isn't a joke and it's a lot nowadays and with this I better just not to gamble while the price is dump or I'll just use alts if ever I want to gamble badly.
Well I must say you're a gambler in the blood. Grin
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February 28, 2018, 10:44:40 AM
 #86

No it does not matter affecting our playing gambling even the value of bitcoin was decreasing because my purpose is to entertain myself and not to earn.Remember that having a profit with gambling is based on our luck.

How come you that the price don't bother you in any way? I mean bitcoin price isn't a joke and it's a lot nowadays and with this I better just not to gamble while the price is dump or I'll just use alts if ever I want to gamble badly.
Well I must say you're a gambler in the blood. Grin
If you are only a gambler it is not a big thing for them while if you are an investor or a trader and a gambler you are very much affected with it. In all of this, typically this huge price drop affects allot of traders but not all gamblers. It is definitely depends on how they able to play and use the amount they won.

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February 28, 2018, 11:58:23 AM
 #87

No it does not matter affecting our playing gambling even the value of bitcoin was decreasing because my purpose is to entertain myself and not to earn.Remember that having a profit with gambling is based on our luck.

How come you that the price don't bother you in any way? I mean bitcoin price isn't a joke and it's a lot nowadays and with this I better just not to gamble while the price is dump or I'll just use alts if ever I want to gamble badly.
Well I must say you're a gambler in the blood. Grin
If you are only a gambler it is not a big thing for them while if you are an investor or a trader and a gambler you are very much affected with it. In all of this, typically this huge price drop affects allot of traders but not all gamblers. It is definitely depends on how they able to play and use the amount they won.
Reality wise, gamblers will not be affected in any chance because they are aiming to play whatever the price will go, it will maybe affect them in a small
way as if the value rises high the value of amount that they can purchase crypto using fiat will be much lesser unlike now where the value falls down
then they can buy more and enjoy much longer.
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February 28, 2018, 12:43:13 PM
 #88

No it does not matter affecting our playing gambling even the value of bitcoin was decreasing because my purpose is to entertain myself and not to earn.Remember that having a profit with gambling is based on our luck.

How come you that the price don't bother you in any way? I mean bitcoin price isn't a joke and it's a lot nowadays and with this I better just not to gamble while the price is dump or I'll just use alts if ever I want to gamble badly.
Well I must say you're a gambler in the blood. Grin
If you are only a gambler it is not a big thing for them while if you are an investor or a trader and a gambler you are very much affected with it. In all of this, typically this huge price drop affects allot of traders but not all gamblers. It is definitely depends on how they able to play and use the amount they won.
Reality wise, gamblers will not be affected in any chance because they are aiming to play whatever the price will go, it will maybe affect them in a small
way as if the value rises high the value of amount that they can purchase crypto using fiat will be much lesser unlike now where the value falls down
then they can buy more and enjoy much longer.

Another thing is that you're not gambling in dollar format. Its in sats. It's not like you're calculating the fiat equivalent of every satoshi you'll spend right? Of course there are some who will be conscious but if you've been a long time btc gambler, the current value would mean less.

 
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March 08, 2018, 10:59:49 PM
 #89

I guess everyone here noticed some decline (hopefully temporary) of almost all coins people used to gamble with. Smiley Is it affecting your gambling?
When I gamble I did not used my coins to play that is why It doesn't bother to me and never been gambling in an online site, I used to gamble outside of my hometown and I used our own paper money.
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March 08, 2018, 11:42:26 PM
 #90

I guess everyone here noticed some decline (hopefully temporary) of almost all coins people used to gamble with. Smiley Is it affecting your gambling?
When I gamble I did not used my coins to play that is why It doesn't bother to me and never been gambling in an online site, I used to gamble outside of my hometown and I used our own paper money.
Just the same.I am also using our own fiat when i gamble   since bitcoin are still not accepted in my own country.But when the market are in tough times,i also see to it that i will gamble only with a minimum amount.I always set limits for myself before going to gambling so as not to be frustrated whenever i get lose in gambling.

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March 18, 2018, 02:22:38 AM
 #91

I guess everyone here noticed some decline (hopefully temporary) of almost all coins people used to gamble with. Smiley Is it affecting your gambling?
Basically this makes no difference when the price is at the highest position. But yeah, this is a bit of a good impact for me. I won a little more than usual with I toss with the dollar at the time the price goes back up I get more money from this fall.
I am sure you understand what I mean, transaction costs are very cheap with this decline.
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March 18, 2018, 03:04:48 AM
 #92

Approximately 50 of the largest cryptoes on the market showed a large drop in value. But within a few hours, it recovered. While Bitcoin, and some altcoins such as Ethereum, Dash, and 10 other altcoins in the global market have even gone back up. for the crypto gamblers it had a huge impact on their bets

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March 18, 2018, 03:07:59 AM
 #93

I guess everyone here noticed some decline (hopefully temporary) of almost all coins people used to gamble with. Smiley Is it affecting your gambling?
When I gamble I did not used my coins to play that is why It doesn't bother to me and never been gambling in an online site, I used to gamble outside of my hometown and I used our own paper money.

I'm completely opposite to you. Because I never gambled with fiat money until now and only gambled with cryptos. I no need to provide any documents or need to go through with a verification process to play with cryptos. But I usually set some fixed amount like $100 or $50 worth of coins to play each time so crypto prices not much impact.
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March 18, 2018, 03:14:49 AM
 #94

Approximately 50 of the largest cryptoes on the market showed a large drop in value. But within a few hours, it recovered. While Bitcoin, and some altcoins such as Ethereum, Dash, and 10 other altcoins in the global market have even gone back up. for the crypto gamblers it had a huge impact on their bets

Only those who gamble with cryptos are affected on this thing specially with bitcoin. The price drop is hurting their habit, they should place more coins to meet their desire value which is not good for them. Well, in the first place its really risky to gamble but they still playing then let them feel this thing.
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March 18, 2018, 06:10:52 AM
 #95

Everyone has been affected when the market has declined. When I'm out of funds during that time, I care about the fees as the value of bitcoin is increasing too. But now that the market has dropped and fees went down too, I don't care about the fees anymore.
The fees didn't go down because the price fell it is because of few insiders who deployed sort of lighting network and that's the main reason for increase in speed of transactions and decrease in price
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March 18, 2018, 09:37:57 AM
 #96

Approximately 50 of the largest cryptoes on the market showed a large drop in value. But within a few hours, it recovered. While Bitcoin, and some altcoins such as Ethereum, Dash, and 10 other altcoins in the global market have even gone back up. for the crypto gamblers it had a huge impact on their bets

Only those who gamble with cryptos are affected on this thing specially with bitcoin. The price drop is hurting their habit, they should place more coins to meet their desire value which is not good for them. Well, in the first place its really risky to gamble but they still playing then let them feel this thing.
Certainly, the declination of crypto always affect gambling and particularly in terms of profit if ever you will win the game. Because the betting quantity should be increase in order to win more, unlike if the market value of bitcoin is high then we only need to bet a low quantity since it already have gaining bigger value.

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March 18, 2018, 09:07:42 PM
 #97

Approximately 50 of the largest cryptoes on the market showed a large drop in value. But within a few hours, it recovered. While Bitcoin, and some altcoins such as Ethereum, Dash, and 10 other altcoins in the global market have even gone back up. for the crypto gamblers it had a huge impact on their bets

Only those who gamble with cryptos are affected on this thing specially with bitcoin. The price drop is hurting their habit, they should place more coins to meet their desire value which is not good for them. Well, in the first place its really risky to gamble but they still playing then let them feel this thing.
Certainly, the declination of crypto always affect gambling and particularly in terms of profit if ever you will win the game. Because the betting quantity should be increase in order to win more, unlike if the market value of bitcoin is high then we only need to bet a low quantity since it already have gaining bigger value.
When a person is playing gambling, he must at least kick out the thought of earning profit from this useless game in any way. Indeed, if he wins a game in which crypto currency especially bitcoin was used, he would be a little rich but that does not mean it can become a method to increase capital. He has equally chances of losing that money too. Also, gambling is the worst way a person can waste his precious digital asset.

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March 19, 2018, 05:11:25 PM
 #98

No it is not affecting me at all. I don't always check the price of Bitcoin and I don't adjust my bets depending on the value in USD. It's especially easy since i'm playing with the money that I earn with my signature campaign so I'm always getting the same amount of coins and I know that I can always burn the same amount if needed.

I am also not affected by price decline of BTC. I do not consider my bitcoin investment very much  different from fiat money that I have in banks. One can easily switch them in hours through the exchange. Also, these days I do not play that much and thus this decline mas minimal effect on my gambling activities.
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March 19, 2018, 07:52:41 PM
 #99

Gambling may affect the crypto currency value but I do not think that price changes may attack the crypto gambling. Actually if number of people reduces using gambling such betting or slot roll that is good for the people and they can also able to save some money.

If you do not want to crypto currency fluctuate, you should hold it as much you can then keep avoid cashing out or utilizing the bitcoins on the shit places like gambling websites or elsewhere.
siti25
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March 21, 2018, 11:29:52 AM
 #100

I guess everyone here noticed some decline (hopefully temporary) of almost all coins people used to gamble with. Smiley Is it affecting your gambling?
very influential many also see that there appears to be an institutional game that is trying to push the price of crypto down.


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