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Author Topic: Does crypto market decline affect your gambling?  (Read 612 times)
Manchumichael
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February 14, 2018, 11:13:40 AM
 #61

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.
Previously the fee was too high so I stopped to do BTC transaction and started to play with another coin. The fee actually scared me but now everything is ok It back to normal but the price dropped. now I have enough fund but I will not use to play gambling, I want to save BTC for my future use. I don't like to lose BTC just for my fun. I am ok with playing other cheap coins.
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February 14, 2018, 12:56:50 PM
 #62

I guess everyone here noticed some decline (hopefully temporary) of almost all coins people used to gamble with. Smiley Is it affecting your gambling?
It isn't affecting much my gambling for two main reasons. First of all for me it is more important that Bitcoin transactions are going faster (than it used to be recently), than its price, second of all, you can always use gambling websites, where low bets are allowed, so you still won't be losing too much.
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February 14, 2018, 03:41:12 PM
 #63

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.
Previously the fee was too high so I stopped to do BTC transaction and started to play with another coin. The fee actually scared me but now everything is ok It back to normal but the price dropped. now I have enough fund but I will not use to play gambling, I want to save BTC for my future use. I don't like to lose BTC just for my fun. I am ok with playing other cheap coins.
I do stop playing gambling with btc on those times on where the fees was insanely high even more than on the amount that I do tend to play on gambling which is ridiculous if you do decide to proceed but yet it didn't completely stop me on playing since there are another options to play by making use of altcoins but the essence on playing altcoin came from btc is entire different for me.(Its just me).
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February 15, 2018, 02:58:52 AM
 #64

I guess everyone here noticed some decline (hopefully temporary) of almost all coins people used to gamble with. Smiley Is it affecting your gambling?

Of course it does, it affect us by putting a mire in our mental health in which we are not playingn as confidently or we are constantly thinking that if we lost this game and there is a decline then that would mean much more lossess. It puts much steain and pressure in your actions and that makes it hard for some people and thats why sometimes in a decline they do not play
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February 15, 2018, 05:19:18 AM
 #65

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.
Previously the fee was too high so I stopped to do BTC transaction and started to play with another coin. The fee actually scared me but now everything is ok It back to normal but the price dropped. now I have enough fund but I will not use to play gambling, I want to save BTC for my future use. I don't like to lose BTC just for my fun. I am ok with playing other cheap coins.
I do stop playing gambling with btc on those times on where the fees was insanely high even more than on the amount that I do tend to play on gambling which is ridiculous if you do decide to proceed but yet it didn't completely stop me on playing since there are another options to play by making use of altcoins but the essence on playing altcoin came from btc is entire different for me.(Its just me).

I also stop when bitcoin fees high, but now a days, bitcoin price down then it is easy for us to play with bitcoin. But now in the coming time i think bitcoin once again will increase a lot of then it will be trouble for us. 

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February 20, 2018, 06:06:51 PM
 #66

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.
Previously the fee was too high so I stopped to do BTC transaction and started to play with another coin. The fee actually scared me but now everything is ok It back to normal but the price dropped. now I have enough fund but I will not use to play gambling, I want to save BTC for my future use. I don't like to lose BTC just for my fun. I am ok with playing other cheap coins.
I do stop playing gambling with btc on those times on where the fees was insanely high even more than on the amount that I do tend to play on gambling which is ridiculous if you do decide to proceed but yet it didn't completely stop me on playing since there are another options to play by making use of altcoins but the essence on playing altcoin came from btc is entire different for me.(Its just me).

I also stop when bitcoin fees high, but now a days, bitcoin price down then it is easy for us to play with bitcoin. But now in the coming time i think bitcoin once again will increase a lot of then it will be trouble for us. 


Do not gamble with btc or altcoins now as the market have recovered well in few days and seems to be recover more in coming days. So if you happen to lose some games it means you will lose out the opportunity of holding your coins and making some gains as the price continues to rise.
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February 20, 2018, 06:54:35 PM
 #67

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.
Previously the fee was too high so I stopped to do BTC transaction and started to play with another coin. The fee actually scared me but now everything is ok It back to normal but the price dropped. now I have enough fund but I will not use to play gambling, I want to save BTC for my future use. I don't like to lose BTC just for my fun. I am ok with playing other cheap coins.
I do stop playing gambling with btc on those times on where the fees was insanely high even more than on the amount that I do tend to play on gambling which is ridiculous if you do decide to proceed but yet it didn't completely stop me on playing since there are another options to play by making use of altcoins but the essence on playing altcoin came from btc is entire different for me.(Its just me).

I also stop when bitcoin fees high, but now a days, bitcoin price down then it is easy for us to play with bitcoin. But now in the coming time i think bitcoin once again will increase a lot of then it will be trouble for us. 


Do not gamble with btc or altcoins now as the market have recovered well in few days and seems to be recover more in coming days. So if you happen to lose some games it means you will lose out the opportunity of holding your coins and making some gains as the price continues to rise.


If you just buy then gamble then withdraw and convert the coins back to fiat then there is really no problem. Think of it like you are in a real casino where you trade your fiat for chips and you play with those chips. If you do that then there is really no point in speculating if it would rise or fall, you are only left with just regular and the old fashioned gambling.
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February 21, 2018, 05:15:14 AM
 #68

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.
Previously the fee was too high so I stopped to do BTC transaction and started to play with another coin. The fee actually scared me but now everything is ok It back to normal but the price dropped. now I have enough fund but I will not use to play gambling, I want to save BTC for my future use. I don't like to lose BTC just for my fun. I am ok with playing other cheap coins.
Many considered of stopping when the fees are too high but right now as for https://bitcoinfees.earn.com/ the fees are only 100 sats/byte. I'm not scared with the fee as the only thing I need to do is to stop and wait for the storm to calm and I did a good decision when bitcoin went through a correction the fees were also changed. When I'm still have some other alts on hold I would go with Doge, for me that's the cheapest and easy to gamble with.

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February 21, 2018, 07:31:32 AM
 #69

Yes the decline in crypto market will also affect the gambling because through this the market activities also affected like if the rate of the crypto fall which is using for gambling the value of your present money also changed so the rate affects gambling and when the crypto activities are large in numbers then the prices are also changes with it some of the people are totally using bitcoin for gambling and they are trying to be successful in this.

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February 21, 2018, 11:15:59 AM
 #70

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.
Previously the fee was too high so I stopped to do BTC transaction and started to play with another coin. The fee actually scared me but now everything is ok It back to normal but the price dropped. now I have enough fund but I will not use to play gambling, I want to save BTC for my future use. I don't like to lose BTC just for my fun. I am ok with playing other cheap coins.
Many considered of stopping when the fees are too high but right now as for https://bitcoinfees.earn.com/ the fees are only 100 sats/byte. I'm not scared with the fee as the only thing I need to do is to stop and wait for the storm to calm and I did a good decision when bitcoin went through a correction the fees were also changed. When I'm still have some other alts on hold I would go with Doge, for me that's the cheapest and easy to gamble with.

choosing altcoin like dogecoin as a bet is a good choice for the gamblers because the dogecoin price is really cheapest and if we buy the coin, we can get the big amount so we can use it for the bets. personally, I don't want to use my bitcoin for just playing gambling because bitcoin for me is too worth and it is better to use for another thing.

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February 21, 2018, 01:27:02 PM
 #71

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.
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February 21, 2018, 04:57:37 PM
 #72

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.

Agree with you. Ups or downs of crypto value have no effect on my gambling activities. Because what I see is number of coins and not values.
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February 22, 2018, 11:48:55 AM
 #73

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.
Previously the fee was too high so I stopped to do BTC transaction and started to play with another coin. The fee actually scared me but now everything is ok It back to normal but the price dropped. now I have enough fund but I will not use to play gambling, I want to save BTC for my future use. I don't like to lose BTC just for my fun. I am ok with playing other cheap coins.
Many considered of stopping when the fees are too high but right now as for https://bitcoinfees.earn.com/ the fees are only 100 sats/byte. I'm not scared with the fee as the only thing I need to do is to stop and wait for the storm to calm and I did a good decision when bitcoin went through a correction the fees were also changed. When I'm still have some other alts on hold I would go with Doge, for me that's the cheapest and easy to gamble with.

choosing altcoin like dogecoin as a bet is a good choice for the gamblers because the dogecoin price is really cheapest and if we buy the coin, we can get the big amount so we can use it for the bets. personally, I don't want to use my bitcoin for just playing gambling because bitcoin for me is too worth and it is better to use for another thing.
It's not only cheap but its also quick when you are transferring it, quick transactions, cheap value and cheap fee. And what's good about using DOGE, most of the casino's are accepting it although there are casino's that are only accepting specific altcoins and others are bitcoin only. This is why there are altcoins that you can use for those people who don't want to use bitcoin, we've got alternative coin instead of using bitcoin when we gamble.

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February 25, 2018, 08:10:00 AM
 #74

It does. When you just win altcoins that is equivalent to $10k but then a day after, every coins are crashing just like what happened on the first weeks of February. Now, its value is $5k and less than that and now you want to gamble using fiat but its just a bad idea for now.
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February 25, 2018, 09:46:18 AM
 #75

Of course yes, how can you gamble with your Bitcoin when you know any minute, its value changes DRASTICALLY. Hence, I only gamble when it kind of establishes a mainstream level and when the price changes are quite settled. Add to the fact that I only gamble when the winning price at stake is much expensive than the 'probable' changes of Bitcoin's price. But you know, it has been extremely difficult to gamble because of sudden insurmountable fluctuations.
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February 25, 2018, 10:47:06 AM
 #76

Of course yes, how can you gamble with your Bitcoin when you know any minute, its value changes DRASTICALLY. Hence, I only gamble when it kind of establishes a mainstream level and when the price changes are quite settled. Add to the fact that I only gamble when the winning price at stake is much expensive than the 'probable' changes of Bitcoin's price. But you know, it has been extremely difficult to gamble because of sudden insurmountable fluctuations.
Well. To overcome that problem, we must get used to gambling using bitcoin, so even though the price is changing drastically. it will not affect our gambling, and keep it quietly without thinking about the changed bitcoin price. because it is used to gamble with a minimum amount of bets in the count of bitcoin and not bitcoin to fiat
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February 25, 2018, 02:10:51 PM
 #77

Of course yes, how can you gamble with your Bitcoin when you know any minute, its value changes DRASTICALLY. Hence, I only gamble when it kind of establishes a mainstream level and when the price changes are quite settled. Add to the fact that I only gamble when the winning price at stake is much expensive than the 'probable' changes of Bitcoin's price. But you know, it has been extremely difficult to gamble because of sudden insurmountable fluctuations.

I believe you can gamble with it even with the wild fluctuation unless you are using the bitcoin you cannot afford to lose.  The golden rule in playing gambling is to use what you can afford to lose so that you won't have regret if you lose them all.  So basically, we should not be affected even though the market of Bitcoin keep on declining or even if it is increasing.  Since 1 Bitcoin is still 1 Bitcoin no matter what its price is.

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CodyAlfaridzi
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February 25, 2018, 02:35:20 PM
 #78

I guess everyone here noticed some decline (hopefully temporary) of almost all coins people used to gamble with. Smiley Is it affecting your gambling?

Yes definitely. When BTC was making new ATH everyday, I'm holding my Bitcoin so strong that I don't wanna spend any amount of it, including to gambling. I always find another way to gamble, like using traditional online payment system or buying altcoin just for gambling.

Now that it has decline quite a bit, I don't feel the need to hold strong anymore. I spend some of my spare BTC for gambling. I guess I'm living more freely when BTC is down Cheesy
xerophore
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February 25, 2018, 05:15:01 PM
 #79

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.
bitllionaire
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February 25, 2018, 09:39:23 PM
 #80

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 personally play gambling regularly and in such condition i also lower my gambling limit through which i control myself from big lost, but now the situation is becoming good, and hope that the very soon the conditions will become normal and will very soon come to normal. We should always adjust our gambling according to the situations.
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