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Author Topic: Should BTC rise for the World Cup?  (Read 511 times)
cryptotycoon33
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June 14, 2018, 04:58:50 AM
 #61

In three days, the 2018 World Cup will be kicked off. This is exciting. This means that there will be a large portion of people who make money on gambling. This is a fortunate World Cup. Because they have cryptocurrencies, I think that BTC will increase the trading volume during some of the World Cup because of the amount of gambling, so the price will be raised. I hope so. ! Welcome to discuss!

This is quite true, bitcoin might increase in price during the world cup because many people will use bitcoin to pay for ticket to watch the matches. Also those people doing predictions about the results of the games will use bitcoin so the trading volume will increase tremendously. As bitcoins increase so also others altcoins.
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June 14, 2018, 05:03:05 AM
 #62

I do not have much experience with cryptocurrency but I think the market is not affected by the world cup
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June 14, 2018, 05:08:23 AM
 #63

I would rather hold my bitcoin, and choose a gambling-specialize altcoin for betting, that is more convenient I guess. And besides, some gambler would probably choose a fiat over a volatile cryptocurrency, especially US Dollar. Don't you think so?
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June 14, 2018, 05:17:13 AM
 #64

I think there isn't any relation between BTC and World Cup. Maybe about gambling there will not gave big impact because no one want to use their precious coin for gambling even in the red market. Just rich people which want to do that.
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June 14, 2018, 05:18:01 AM
 #65

I disagree. Bitcoin has nothing to do with world cup. Bets from a single individual will not make that much of a difference. It is expected that bitcoin will rise anytime but don't think that its because of the world cup. Bitcoin transactions will always be high especially after the drop on price.

 What I am aware of is that there are alternate coins that will be used for World Cup (ASTORGAME).  You can place your bets on this site https://astorbets.com/.

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June 14, 2018, 05:27:16 AM
 #66

usually bitcoin prices will rise ie before certain moments. and as we know the World Cup is a very special moment for football fans and I think it could have an impact on bitcoin price increases because of course there will be plenty of people from all over the world who do activities related to the World Cup using bitcoin.

 
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joshy23
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June 14, 2018, 05:41:21 AM
 #67

usually bitcoin prices will rise ie before certain moments. and as we know the World Cup is a very special moment for football fans and I think it could have an impact on bitcoin price increases because of course there will be plenty of people from all over the world who do activities related to the World Cup using bitcoin.
Mainly for gambling, if people around that event will use crypto instead of fiat money coming from particular game house, it will bring good impact to bitcoin value, the more gamblers that will use this channel the better lift it can bring to bitcoin and crypto community, I do believe that it can have that impact but not that much, the season will end and not gambling alone but real adoption should take place for us to see the value to really rise high with
our expectations.
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June 14, 2018, 05:43:03 AM
 #68

No, it won't rise because of some sporting event that people bet on. I'm sure it's big for the bookies and other websites that do cryptocurrency betting but the actual market won't be effected unless there is some advertisement during very popular games, which in that case it would be really good publicity.
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June 14, 2018, 05:45:00 AM
 #69

I don't think so. Bitcoin will be indirectly affected. People will see the difficulties of traditional money and they will think positively about crypto currencies.

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June 14, 2018, 05:45:49 AM
 #70

I think there isn't any relation between BTC and World Cup. Maybe about gambling there will not gave big impact because no one want to use their precious coin for gambling even in the red market. Just rich people which want to do that.
You are partially right, Bitcoin price fluctuation is depends on demand that means some regulations is major role in price variation but many gambling sites are accepting the Crypto bet so Bitcoin and altcoins are using the gambling. Some sites are convert to mBTC so compare to BTC 3 times lesser value and casino is the best place to earn   more BTC so world cup  is not a big impact in crypto market.

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June 14, 2018, 06:25:32 AM
 #71

In three days, the 2018 World Cup will be kicked off. This is exciting. This means that there will be a large portion of people who make money on gambling. This is a fortunate World Cup. Because they have cryptocurrencies, I think that BTC will increase the trading volume during some of the World Cup because of the amount of gambling, so the price will be raised. I hope so. ! Welcome to discuss!
It seems to me, on the contrary, it will fall even more with the desire of people to put large sums, and after losing it again. So do not expect anything good from it.
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June 14, 2018, 06:45:53 AM
 #72

Well hopefully that bitcoin will increase in that event, maybe the gamblers would buy bitcoins so that they can bet their favorite team this could help bitcoin to increase the price.


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June 14, 2018, 06:48:08 AM
 #73

I dont think that this will have a big effect on Bitcoin price.
Bitcoin is curretnly accepted in many shops so you can spend it almost everywhere you want.

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June 14, 2018, 06:54:45 AM
 #74

In three days, the 2018 World Cup will be kicked off. This is exciting. This means that there will be a large portion of people who make money on gambling. This is a fortunate World Cup. Because they have cryptocurrencies, I think that BTC will increase the trading volume during some of the World Cup because of the amount of gambling, so the price will be raised. I hope so. ! Welcome to discuss!

in my opinion, if it's a soccer theme, I really hope there's a coin like a Football coin if a soccer coin is accepted as a transaction tool in this year's world cup. The bike has the ability to improve. Because as you know, bitcoin is growing in popularity, so the demand to use bitcoin for gambling in the world cup season will be very frequent. In particular, it may attract large cryptocurrency communities gathered to gamble and bitcoin transactions will tend to increase.

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June 14, 2018, 06:55:08 AM
 #75

Its obvious the rate at which people will gamble during the world cup will increase tremendously thus boost Price volume of whatever crypto that is mostly involved especially btc, I can see  the price of btc increasing and looking at today's chart there is a sign of price recovery as world cup takes off today.

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June 14, 2018, 07:09:51 AM
 #76

I think it is unlikely that bitcoin prices will be able to rise seasonally in the world cup in Russia. Many world players will sell the bitcoin they invest to get the money to watch the world or hold meetings. To watch football, they will sell at a more favorable price than usual
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June 14, 2018, 07:09:57 AM
 #77

The hectic world of the World Cup can not bring Bitcoin back to its heyday, perhaps too many Bitcoin sellers for their money to buy World Cup tickets, or maybe football betting. LOL
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June 14, 2018, 07:33:37 AM
 #78

I don't think bitcoin has anything to do with the World Cup.
Because there are many specialized gambling altcoin, there is no need for bitcoin.
Hi, I also agree with you. Because bitcoin is a unique one. It has nothing to do with the world cup. Only Altcoin which is created for gambling may have a good perspective.
Because the demand for altcoin for gambling will raise on those days.
Thanks. Smiley Wink

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June 14, 2018, 07:46:35 AM
 #79

I don't really see the correlation and honestly, the gambling market in crypto is tiny compared to that of FIAT. I don't see much change in Bitcoin and other currencies during 2018 I think unfortunately that this year is going to be sideways trading pretty much.
there is no correlation at all. it will not give any impact to the bitcoin. World cup is nothing. Bitcoin needs something big to bring itself to the high daily trade volume again. and i believe about that if the daily trade volume of bitcoin will always stay at the bottom and there is no reason the price of bitcoin to be increased. Gambling doesn't give any impact to the bitcoin
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June 14, 2018, 07:49:16 AM
 #80

I disagree. Bitcoin has nothing to do with world cup. Bets from a single individual will not make that much of a difference. It is expected that bitcoin will rise anytime but don't think that its because of the world cup. Bitcoin transactions will always be high especially after the drop on price.

 What I am aware of is that there are alternate coins that will be used for World Cup (ASTORGAME).  You can place your bets on this site https://astorbets.com/.
ASTORGAME this token seems to have a bounty campaign before, is now listed on any exchange? In addition gifcoin and stox are special tokens that can be used for gambling too.
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