Does Bitcoin price rise affect your gameplay?

[StephenJH]

Indirectly yes but many gambling platforms use stable coins for playing games, the fiat value is better and more convenient. Withdrawal fees are higher than normal transaction commissions on casinos, so I wait for the slow network fee option if available. If the casino has the alternative cryptocurrencies for withdrawing balance I avoid paying a high withdrawal fee because paying this fee can hurt my monthly gambling profit at the end. Roobet charges a $6-$8 withdrawal fee per BTC transaction, so I will wait another day for taking my winnings.

[AliMan]

Honestly that affects me a huge impact during fluctuations of bitcoin price, and when price drops profit doesn't went good. Somehow that a better opportunity once transactions fee also goes down, because I could enjoy the cheapest payment. Though sometimes we've been struggling on gambling, owning btc as an sustainable asset we can grow it also for trading and holding long term. The profit gains that we earned can be used for gambling instead.

[maydna]

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

No, unless you are buying bitcoin everytime you play. Also, it is just the value of bitcoin that was increased but not exactly the difficulty of getting profits. Yes, winning will always depends on your luck but it is all on that. Increasing in price of bitcoin is not included in the difficulty.

I wouldn't suggest buying bitcoin to playing gambling because it is better to buy bitcoin for hold or trade. After all, we can profit that way. If you only buy bitcoin to playing gambling, if you lose, you will lose much money because if you can't control yourself, your loss will be bigger. Besides that, winning in gambling will depend on luck, so if you feel you don't have much luck in gambling, you should not playing gambling.

Honestly that affects me a huge impact during fluctuations of bitcoin price, and when price drops profit doesn't went good. Somehow that a better opportunity once transactions fee also goes down, because I could enjoy the cheapest payment. Though sometimes we've been struggling on gambling, owning btc as an sustainable asset we can grow it also for trading and holding long term. The profit gains that we earned can be used for gambling instead.

When the price increases, the transaction fees will increase to high fees. That will be one of the reasons why many of us use altcoin to gamble. But if that person has many bitcoin, that would not be a problem for him to still use bitcoin to playing gambling. Even if the transaction fees are down, it doesn't give us more chances to win. We should treat bitcoin as an asset for now, and we have another option to grow the amount of bitcoin that we have by trading. So we can have a way to make a profit from trading than from gambling.

[aioc]

My biggest concern is the fee and the transaction confirmation, it will have an effect on how I use Bitcoin to bet, when there are other options available I will use it, Ripple, Tron, Doge Ethereum, Litecoin are great substitute because of the fee, there's a huge difference between 2 cents and $5 worth of transaction and instant and 5 hours of wait in confirmation.

[btc78]

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

if you believe that "1 bitcoin = 1 bitcoin" then i think there will be no effect for you to gamble even if the price is pumping.

But if you are not a Bitcoin believer instead just a gambler that want money,then better use other altcoin like ripple and others such as Dogecoin because they are very cheap and also cheaper in fees.

it is your desire and lust to decide in each time you play.

[traderethereum]

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

if you believe that "1 bitcoin = 1 bitcoin" then i think there will be no effect for you to gamble even if the price is pumping.

So that won't give too much effect to us if we believe that 1 bitcoin = 1 bitcoin. But the problem is that bitcoin is worth holding and not use for playing gambling because if they lose, let say 0.01 btc, that will mean a lot for some people.
That will make them feel that it is better to hold bitcoin than to use for playing gambling, and they will think to use the other coins.
Gladly, we are in the crypto world, in which we have so many option coins that we can use to play gambling.
I prefer to use altcoin to gamble because the altcoin price is not too high compared with the bitcoin price. Besides that, the fee is not too high to send it to my account in the gambling sites.

[Kupid002]

My biggest concern is the fee and the transaction confirmation, it will have an effect on how I use Bitcoin to bet, when there are other options available I will use it, Ripple, Tron, Doge Ethereum, Litecoin are great substitute because of the fee, there's a huge difference between 2 cents and $5 worth of transaction and instant and 5 hours of wait in confirmation.

If Bitcoin increase that high I guess other altcoin will also increase it's price. it's possible, if this things happen then meaning other crypto will also increase its fees if you compare it into dollar . The solution is to choose what is the most cheaper in all of them.

If that things really happen ethereuk will also not a good alternative to choose I will go to xrp or Doge coin to use in gambling.

[swogerino]

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

I think the only ones who really benefit from such increase are slot players as they can play more bets for the same amount of Btc and I think you will see an increase in slots gameplay if bitcoin price continues to rise steadily.This can also help those who win make some extra money.

[pawanjain]

The rise in price of bitcoin does not affect the gameplay since that remains the same but it does affect the other things.
The withdrawal fees get increases since bitcoin's price increases the network congestion. The high withdrawal fees takes up a portion of our profits.
Another thing that bothers me is the amount is deposited in  dollars in the gambling site I play in.
So now even if the amount of profits are good, the amount of satoshis I would receive is less.

[AbuBhakar]

sometimes it affected my decision whether I deposit my money at that time, or wait until the price is stable.
your desire to enjoy the movement of bitcoin price hype will be higher than enjoying a fun bet.
it mostly happens when you regularly bet on a gambling site with crypto-based payment.
I mean when they are not converting our crypto into USD.

Whenever I try to convert in mind the price that I will deposit or amount to bet, I sometime paused and rethink whether should I still play or not as it's a big money that Im5risking which can have a possibility to arise in price anytime soon. I prefer to play mobile gambling at these time that not cost real money.

[Sirait]

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

^ My favorite game is Bitcoin Crash. I will even more excited about gambling when the Bitcoin price went up. Bitcoin becomes very profitable when its price gets high.

and for withdrawals, I think that currently there are many gambling sites that provide crypto coins options that are much cheaper than Bitcoin, which is Tron, usdt, doge, and litecoin.

[CODE200]

sometimes it affected my decision whether I deposit my money at that time, or wait until the price is stable.
your desire to enjoy the movement of bitcoin price hype will be higher than enjoying a fun bet.
it mostly happens when you regularly bet on a gambling site with crypto-based payment.
I mean when they are not converting our crypto into USD.

Whenever I try to convert in mind the price that I will deposit or amount to bet, I sometime paused and rethink whether should I still play or not as it's a big money that Im5risking which can have a possibility to arise in price anytime soon. I prefer to play mobile gambling at these time that not cost real money.

Is this even possible?
There are "gambling" games which can be played in the phone and ither devices not needing real money but points.
It is indeed still gambling because you are at risk of losing something which is in this case, points. But that's quite misleading that you are trying to deposit money in order to play. But if you are concerned with earning profit through Bitcoin investment, then do not use your holdings in gambling. There are other ways such as use of fiat or ither cryptos.

[supine]

I think it does because I would have a smaller amount to play with when the price gets high so it would also limit my gameplays.
But it doesn't affect my strategies I would still play how I used to play no matter what the price would be the only thing that would be change is my bets.

[fiulpro]

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

I have one question:

The bets are actually dependent on us , the value is something that we set , we have an option there and it changes every once in a while but shouldn't the overall condition stay same ?

If bitcoins are expensive I believe it's better for the user since he is actually capable of making more bets with the same amount of bitcoins in the wallet.

Plus if bitcoins is climbing up :
I would rather not bet and keep the bitcoins in an exchange+ wallet and be ready for a descent trade.

- I believe even if you didn't wait for the price to be stable you would be able to still enjoy a descent game because you can adjust the value anytime and they have a realtime calculator of amount in USD.

[bitbunnny]

I think it does because I would have a smaller amount to play with when the price gets high so it would also limit my gameplays.
But it doesn't affect my strategies I would still play how I used to play no matter what the price would be the only thing that would be change is my bets.

The solution is to play with fiat, so you can always exchange amount that would not exceed your usual funds for playing.
The good thing is that no matter the Bitcoin price passionate gamblers will always find the way and funds to play, whether in cryptocurrency or fiat.

[Fredomago]

I think it does because I would have a smaller amount to play with when the price gets high so it would also limit my gameplays.
But it doesn't affect my strategies I would still play how I used to play no matter what the price would be the only thing that would be change is my bets.

The solution is to play with fiat, so you can always exchange amount that would not exceed your usual funds for playing.
The good thing is that no matter the Bitcoin price passionate gamblers will always find the way and funds to play, whether in cryptocurrency or fiat.

If you don't want to think more then choosing this option will always be the best. Likewise, gamblers always find ways if they are really engage then there's always solution to continue.

But if you are also concern with the converted amount, inside your mind there's also some impact if you are using bitcoin with a currently high value.

Your money your call, everyone have their own interpretations in case you are really attached to
this system, touch call depends from your intentions of playing.

[ShowOff]

Due to the current spike in transaction fees, I prefer altcoin to bet on gambling. It can help me reduce deposit and withdrawal fees. Gambling sites will also make adjustment when transaction fees are very high and will charge gambler a full withdrawal fee and in my opinion this is undesirable for gambler with very little capital. Just imagine I have to pay a fee of 5-6 dollar for one deposit transaction to a gambling site, it make me a little annoyed.

However, not all gambler need to have the same perception and they have their own way of doing it. Altcoin have helped me reduce fees, which some other gambler may not like. So it doesn't matter because we are not the same.

[iamsheikhadil]

My biggest concern is the fee and the transaction confirmation, it will have an effect on how I use Bitcoin to bet, when there are other options available I will use it, Ripple, Tron, Doge Ethereum, Litecoin are great substitute because of the fee, there's a huge difference between 2 cents and $5 worth of transaction and instant and 5 hours of wait in confirmation.

Still, when bitcoin prices go up, alt coins do as well. I think the author of the thread meant how the value of a coin changes our perspective towards gambling it. For me, prices heavily influence me because I can gamble away fractions of ripples but not fractions of btc!

[goldade]

I think the only way the increase in the price of bitcoin may affect the game play of any gambler is if such gambler stakes his bets in btc. That he's conscious of the fact he now loses more money if such bets fails. For example, if he stakes 0.001btc when bitcoin was at $10k and still stakes 0.001btc now that bitcoin is almost $14k, he loses more money in dollars now because of the increase in the price of bitcoin.
Personally, I stake in dollars so the price of bitcoin doesn't affect my game play. It doesn't what says the price of bitcoin, my $100 when bitcoin is at $10k is still the same now when bitcoin is at almost $14k

[Stedsm]

I believe that it may become a hurdle for those gamblers who believe that losing their BTC is costing them huge amounts in fiat and it's true also to some extent, because as BTC is evaluated through fiat, then the gamblers worrying about losing more USD even via losing less amount of BTC when the price rises is obligatory. I don't think it'll make any difference to me though because I love gambling more whenever price rises as I believe in my luck and when I win, I win big. I gamble for fun, so it does not matter whether the price increases too much (except if it goes 10x and I see my bankroll to be worth something I may not be able to afford losing).