Does Bitcoin price rise affect your gameplay?

[michellee]

Does Bitcoin price rise affect your gameplay? Not really affecting, the more BTC we get when we win.

gambling became another way for me to switch FIAT money into cryptos

If you win, yes, you can get more bitcoin, but you never know when you will win because we are playing gambling, which we don't know if we are lucky or lose the money. We can hope to get the win, but we need to manage our bitcoin to play gambling.

I feel better to use altcoin to gamble because if I use bitcoin, and I lose in that win, I will feel sad although I lose for a small amount. As bitcoin price now can increase to $13k, it will have a chance to rise higher, so I think it is better to save the bitcoin, and we can sell it to the new ATH in the future.

[Saisher]

Yes I avoid using Bitcoin when the price is increasing I prefer betting with Tron Ripple and Eth, I prefer my Bitcoin to be in my wallet when there's a big pump going, the price of Bitcoin is moving fast than other altcoins when there is a bull run, it's the most valueable coin in times of bull run.

[iamsheikhadil]

It does, quite a lot for me. When Bitcoin prices go up, I tend to not play as much as when btc price is really low. Because if the price is around $4k hypothetically for a coin, that means I can get 0.001 btc for $4 only, relatively low and hence I would like to gamble it and try to get more btc so when price goes up, I can have good fortune while when the coin prices go up, I get scared of losing lots of money if am not able to control gambling away my saved coins!

[ultrloa]

Does Bitcoin price rise affect your gameplay? Not really affecting, the more BTC we get when we win.

gambling became another way for me to switch FIAT money into cryptos

If you win, yes, you can get more bitcoin, but you never know when you will win because we are playing gambling, which we don't know if we are lucky or lose the money. We can hope to get the win, but we need to manage our bitcoin to play gambling.

I feel better to use altcoin to gamble because if I use bitcoin, and I lose in that win, I will feel sad although I lose for a small amount. As bitcoin price now can increase to $13k, it will have a chance to rise higher, so I think it is better to save the bitcoin, and we can sell it to the new ATH in the future.

It matters on what will happen to the market price of Bitcoin since if the timing is not good and betting when the market is collapsing provably you will lose the value and didn't know if you are in profit or not. But what good thing there is once the price recover back and you accumulate more volumes then this is a jackpot for you since we can earn huge once the market is on his best shape.

[cabron]

Yes I avoid using Bitcoin when the price is increasing I prefer betting with Tron Ripple and Eth, I prefer my Bitcoin to be in my wallet when there's a big pump going, the price of Bitcoin is moving fast than other altcoins when there is a bull run, it's the most valueable coin in times of bull run.

That's what I do too. Less chance of losing our BTC but then we also not win some BTC. While it doesn't change us to stay away from gambling, it might just be worse risking soon when the value of BTC we hold will be much more. The strategy used to play the games in casino still is the same with altcoins, the gameplay never change whichever currency we use.

[AicecreaME]

Bitcoin price increase will never affect anyone's gameplay and making profits. 1 BTC will be always 1 BTC no matter what the price is, it will only depends if he'll convert it to fiat or not, because that's where his profits will be based. But if a gambler deposited a 1 BTC when it's price was $13,000 and make a profit of 1 BTC and it's price was $7,500 per BTC then he could just continue making it double or even triple and wait for the price to go up more than the half of the price of what he deposited to gain profits, simple as that.

[Karartma1]

I had to learn the hard way how to give importance to the numbers and digits I was betting upon. My brain was thinking in terms of USD and considering some huge bet I did in the past I could be considered a whale nowadays.
Now even betting 0.01 gives me a sort of discomfort.

[Sadlife]

Yes surely, i've even had second thoughts to keep playing because the most difficult choice is. To continue playing and loss money or stake Bitcoins. So it can grow in value while in a bull trend.
That's why, i always end up staking most of my crypto because its the safest bet, and play using micro stash.

[Fundamentals Of]

I had to learn the hard way how to give importance to the numbers and digits I was betting upon. My brain was thinking in terms of USD and considering some huge bet I did in the past I could be considered a whale nowadays.
Now even betting 0.01 gives me a sort of discomfort.

This is so true not just in gambling but to the overall Bitcoin experience. There were days in the not so distant past when even a whole Bitcoin is not that hard to get, play with, or convert to cash. This is the downside of crypto gambling. You will lose not only the crypto you spent and lost but also its future value.

I really feel how 0.01 in Bitcoin is now very precious I won't even make a single bet with that amount ever again. Gone are the days when Bitcoin was cheap and easily wasted.

[blckhawk]

Hey guys,

As we all know, the Bitcoin is experiencing a decent price increase and it is slowly but steadily rising every day. Has it affected your gameplay somehow?
Some gamblers think if the price is so expensive it would be difficult to get profits.

How about you?

Cheers,
Karl
Bitcasino.io

Maybe if I am a kind of person who uses Bitcoin for betting then I would say yes this kinda affect my gameplay. Not directly affecting gameplay but the amount that I will use as a bet. Since Bitcoin is now gradually increasing and so for the transaction fees it would totally make me think twice about my bet. Right now for what I can see on Bitcoin was so expensive that is why I've been using other currency.

[carter34]

Some gamblers think if the price is so expensive it would be difficult to get profits.

On the other side t it, this is suppose to be a profit time for gamblers as btc has appreciated so also the winning are.  Especially if you already have some btc balance in the account. It will increase and give you better chance to multiply your stakes you are gambling for.

[TitanGEL]

I had to learn the hard way how to give importance to the numbers and digits I was betting upon. My brain was thinking in terms of USD and considering some huge bet I did in the past I could be considered a whale nowadays.
Now even betting 0.01 gives me a sort of discomfort.

There is really a some psychological effect especially when the price of the bitcoin moves upward and we have a money in a certain gambling websites, for me there is change in my decisions and in my gameplay especially on the amount of money that I kept betting. Even if the price of the bitcoin just increase to 10%-15%, I will lessen my betting amount in to 50% and for me it is good decision for me to feel comfortable. I just betting the money that I afford to lose and that is why I do not increase my betting amount especially if there is a price increase in the bitcoin for me to remove the uncertainty and have a confidence in gambling.

There are also times that I withdrawing my funds knowing that the bitcoin has momentum and I switching it in trading platforms to not waste the opportunity and when the price will become stable again; I will switch it again into gambling website to not lose the opportunities out there.

[Inkdatar]

Some gamblers think if the price is so expensive it would be difficult to get profits.

On the other side t it, this is suppose to be a profit time for gamblers as btc has appreciated so also the winning are.  Especially if you already have some btc balance in the account. It will increase and give you better chance to multiply your stakes you are gambling for.

As a matter of fact the chance for a gambler to take profit when betting since the price of btc increase. Also, I observe from others they are taking this chance to bet since the price is high which they might catch to win the game. Also, I’m just a small time gambler so it does not affect me in a gameplay, and also it depends on a person on how he can manage his funds during this time of bitcoin price rise.

[daarul50]

It does, quite a lot for me. When Bitcoin prices go up, I tend to not play as much as when btc price is really low. Because if the price is around $4k hypothetically for a coin, that means I can get 0.001 btc for $4 only, relatively low and hence I would like to gamble it and try to get more btc so when price goes up, I can have good fortune while when the coin prices go up, I get scared of losing lots of money if am not able to control gambling away my saved coins!

People in the past gamble 100 btc at once like it is nothing , they will realize now that was stupid call.
Yes that shows how the impact of bitcoin price increases makes people tend to hold themselves to not stake the usual amount like before
Regarding the games much harder to win when the priceup is bullshit to me.

[Spack17]

Of course, it does. I play these games to earn money. If Bitcoin is increasing and I have bitcoin, I don't need to play these games. The opposite is also valid. The more the bitcoin price declines, the more I play.

[pankowri]

It makes sense in various ways like if you are a Bitcoin holder and you have some funds and you are also trying to make the amount big then you should try to increase it by hook or by crook. The cryptocurrency market and gambling both are two different ways that can be followed to increase your money. Bitcoin price is increasing which means the market value is getting big. In gambling, you need to make successful bets to increase. So without any risk, Bitcoin holder can be benefited rather than gambler.

[Fredomago]

Of course, it does. I play these games to earn money. If Bitcoin is increasing and I have bitcoin, I don't need to play these games. The opposite is also valid. The more the bitcoin price declines, the more I play.

That's the beauty of it, when you are playing using bitcoin and the value rises up while you are in the winning side, the earnings is more enjoyable if you quit in the right time.

But in the other hand if bitcoin rise and you are in need of exchanging your fiat the value of bitcoin will hurt your initial capital.

It's also giving some doubts risking such amount if you are more into converting the value
while playing, it affects you especially if you are very furious with your money.

[Fatemablabla]

I think it effects my gambling and betting. I bet with BTC in various football matches. Now bitcoin price is so high. So, if want to make 20$ a day I don't need to win so many bets, where in earlier I need to win extra matches for 20$.(20$ is just a example here). So, yes BTC price have an impact in my gambling experience.

[MCobian]

With the increase in Bitcoin so fast, of course it had an effect on me when I was going to play gambling. Usually for gambling capital
I convert my fiat into Bitcoin first, with the Bitcoin price rising, affect the amount of Bitcoin I will use for betting to be reduced. So if
gambling sites have a choice of altcoins, I prefer to use altcoins to play gambling.

[Oilacris]

Of course, it does. I play these games to earn money. If Bitcoin is increasing and I have bitcoin, I don't need to play these games. The opposite is also valid. The more the bitcoin price declines, the more I play.

That's the beauty of it, when you are playing using bitcoin and the value rises up while you are in the winning side, the earnings is more enjoyable if you quit in the right time.

But in the other hand if bitcoin rise and you are in need of exchanging your fiat the value of bitcoin will hurt your initial capital.

It's also giving some doubts risking such amount if you are more into converting the value
while playing, it affects you especially if you are very furious with your money.

It has its own pro's and cons but in talks of accumulating bitcoin then it would really be that ideal to play when the value its still on the low side yet if the price tends to increase
then fiat value will surely be on greens.Some of us doesnt really matter on what would be the value on the time we are playing because we do just base of on the current fiat
value before making deposits.

The hassle thing i do find out when market is increasing is that fees is always heading that way this is why i do really switch up to alts to avoid those circumstances.
Fees + transaction time will really be a headache.