Does Bitcoin price rise affect your gameplay?

[stadus]

On the beginning of the recent rally the bitcoin price didn't affect my gambling habit, I still used btc to top up my poker and black jack bankroll. But now with bitcoins around 19,000 usd again I am getting reluctant to use btc for gambling. It's better to use fiat money in my opinion. I don't want to sell any btc and would accept only bitcoins as withdrawal option for any potential winnings.

Not me, I can still take the volatility, actually I love gambling when bitcoin is bullish because if you win, there's a chance that you'll get a better profit as not only you grow the number of your bitcoins but its value could also increase. "

I don't stock bitcoin except for my investment, I buy bitcoin in fiat and gamble it, then convert it in fiat if I win, that's a simple process and I have no doubt those who are gambling using bitcoin as a payment method would not worry about its volatility, because it's a positive volatility.

[BuNga_cute]

On the beginning of the recent rally the bitcoin price didn't affect my gambling habit, I still used btc to top up my poker and black jack bankroll. But now with bitcoins around 19,000 usd again I am getting reluctant to use btc for gambling. It's better to use fiat money in my opinion. I don't want to sell any btc and would accept only bitcoins as withdrawal option for any potential winnings.

I do the same thing as you, I'm also reluctant to play gambling with Bitcoin. With a price that is already high if I lose it can make me
feel depressed, because the price of Bitcoin is very high right now. So I don't enjoy it when I play gambling, I prefer to use altcoins to
play gambling right now. I choose to keep the Bitcoin that I have, and every time I get profit from gambling, I will buy Bitcoin to increase
the Bitcoin that I have.

[Wexnident]

Didn't have many difficulties with it tbh. I just think of it as bonus funds to play with. I have a set amount of money that I play with always anyway, so it isn't much issue tbh. And whenever I win and price goes up, isn't it more additional funds? Though the same could actually be said whenever the price goes down though. I don't bother to convert it to other coins at times, I just wait at times when the network isn't congested to avoid fees, I only place once or twice a week anyway.

On the beginning of the recent rally the bitcoin price didn't affect my gambling habit, I still used btc to top up my poker and black jack bankroll. But now with bitcoins around 19,000 usd again I am getting reluctant to use btc for gambling. It's better to use fiat money in my opinion. I don't want to sell any btc and would accept only bitcoins as withdrawal option for any potential winnings.

Well isn't it just a matter of calculating it? In the end it doesn't really matter if Fiat or BTC is used as long as the equivalent amount is the same. You can just invest everything in BTC in that case, so that everything can scale with the current bull run we have.

[Astvile]

I am not gambling whenever bitcoin price is pumping. I don't wanna risk any potential losses in gambling because it can be more profitable if I just hold onto it or just trade with it. That's how bitcoins price affects my gameplay, I totally stop for a bit and focus on more profitable ways to do with my bitcoins.

[Golftech]

I am not gambling whenever bitcoin price is pumping. I don't wanna risk any potential losses in gambling because it can be more profitable if I just hold onto it or just trade with it. That's how bitcoins price affects my gameplay, I totally stop for a bit and focus on more profitable ways to do with my bitcoins.

The best way to enjoy bitcoin pumped, if you think that it's more better to save up instead
of keep playing and risk your bitcoin that's your choice. Maybe for some gamblers they will
adjust and keep the gambling capital based from their fiat worth, from that they can continue
to play and enjoy those gambling games that they usually play even the value of bitcoin still
pumping up.

[Lanatsa]

I am not gambling whenever bitcoin price is pumping. I don't wanna risk any potential losses in gambling because it can be more profitable if I just hold onto it or just trade with it. That's how bitcoins price affects my gameplay, I totally stop for a bit and focus on more profitable ways to do with my bitcoins.

The best way to enjoy bitcoin pumped, if you think that it's more better to save up instead
of keep playing and risk your bitcoin that's your choice. Maybe for some gamblers they will
adjust and keep the gambling capital based from their fiat worth, from that they can continue
to play and enjoy those gambling games that they usually play even the value of bitcoin still
pumping up.

Majority will stick out with fiat worth and that would just simply adjust on bitcoins value or satoshi amounts that's why it doesn't really matter if the price had risen up or not because
it would be always subjective.

In my case, then it hasn't really affect after all and as earlier mentioned where you can anytime make adjustment in usd value when you do make a deposit
which means you wont really be having any problems at all.

The only issue I do mind when theres some rally is that the fees do becomes high too which is really a big problem in the ass and that time
then I do consider on using up alts instead.

[XZERO1]

I am not gambling whenever bitcoin price is pumping. I don't wanna risk any potential losses in gambling because it can be more profitable if I just hold onto it or just trade with it. That's how bitcoins price affects my gameplay, I totally stop for a bit and focus on more profitable ways to do with my bitcoins.

Well, I believe it's way better to have separate stacks for your bitcoin trading and gambling, I mean you don't have to gamble the bitcoin that you are holding for long-term, instead just convert some of your other holdings like the national currency that you are using to bitcoin for gambling instead of using your original stack for it, the same thing goes when you shop online using bitcoin, just create a different bitcoin stack for your online purchases and gambling and you will be fine and you don't have to totally stop what you like doing just because bitcoin is going up.

[TheGreatPython]

I should say regardless of who gets affected by the price or not, if I stop or increase or if you do, we can look at stats at casinos and what they say about it. For example there were few CEO's (or owners) of crypto casinos that talks here on bitcointalk as well, they are pretty known, and they talked about how increasing prices made people gamble a lot more, and not just in dollar terms but in bitcoin terms as well but they also said they get new customers when the price increases as well, which may not be around here.

So that means when the price increases, there are more people who are interested in crypto which is not a shock to anyone, but apparently some of them goes to casinos to gamble when they get involved with crypto and that is a bit interesting to learn.

[Gozie51]

I am not gambling whenever bitcoin price is pumping. I don't wanna risk any potential losses in gambling because it can be more profitable if I just hold onto it or just trade with it. That's how bitcoins price affects my gameplay, I totally stop for a bit and focus on more profitable ways to do with my bitcoins.

The pump make market to be unstable and that can cause difficulty in the market to make profit.

Also the pump is affecting me because the withdrawal fees getting higher and it is annoying that you see high fee for even little transaction.

[StephenJH]

I am not gambling whenever bitcoin price is pumping. I don't wanna risk any potential losses in gambling because it can be more profitable if I just hold onto it or just trade with it. That's how bitcoins price affects my gameplay, I totally stop for a bit and focus on more profitable ways to do with my bitcoins.

The pump make market to be unstable and that can cause difficulty in the market to make profit.

Also the pump is affecting me because the withdrawal fees getting higher and it is annoying that you see high fee for even little transaction.

What if the gambler holds the whole balance in BTC which doubles the profit in the case of a bull market? It is a double-edged sword and gamblers who don't like playing with the market, volatility can choose chip-based casinos for avoiding market fluctuations. I prefer the first option because this is the first reason I deposit in crypto rather than fiat money. Fiat money gambling has tempting sides if the different currencies can be chosen. Let me explain, the bonus buy feature will be in coins for all currencies but for low-value currencies will be less than $20 which is the main price of bonus spins.

[Sled]

I wasn't addicted to gambling and so if the price of Bitcoin will soar high, it basically affects my gambling habit. I'm still sticking to the limit and never minding or feels bad when the time I lose. But to know that it was too expensive buying BTC at this time, maybe it is the time to lower the limit. I take this seriously because in my mind I also thinking why I should have to spend more if can't expect a return as well.

Yeah, I keep on gambling just the normal thing I do but there might have changed in the capital.

[Questat]

I wasn't addicted to gambling and so if the price of Bitcoin will soar high, it basically affects my gambling habit. I'm still sticking to the limit and never minding or feels bad when the time I lose. But to know that it was too expensive buying BTC at this time, maybe it is the time to lower the limit. I take this seriously because in my mind I also thinking why I should have to spend more if can't expect a return as well.

Yeah, I keep on gambling just the normal thing I do but there might have changed in the capital.

That's very important, limitation is necessary in gambling and that is regardless of what the price of bitcoin. If you are gambling what you are holding, I suggest you just hold it while waiting for the price to pump to its ATH, and maybe sell afterwards, however, if you are gambling with fiat and you convert it to bitcoin, it should not be a problem or issue since you'll convert only every time you gamble and cash that bitcoin.

There's a little adjustment of the amount need, before if your limit is BTC0.01 per day, maybe it would adjust to BTC0.005 now due to significant increase of bitcoin, but it's still up to you.

[South Park]

I have a table in Google docs. In this table, I keep a record of all my casino accounts. I have written down where are the amounts in bitcoins or other cryptocurrencies. I record how much I won and how much I lost and all this data is recorded in cryptocurrencies.
In the same way, I record my income and losses from trading operations.

For trading statistics and records then i would say that it is really worth but for gambling? I dont see that it would really be that needed for some tracks about
on how much you lost and how much you do earn.For the sake of remembering accounts then that would do but for profitability? Not all would really be minding that much.

In this case where this shows that you are taking gambling as a source of income yet you tallied everything and when you do saw that your entire
portfolio is on red then you might really be playing even more just for you to break even.

Bitcoins price might or might not affect someones gambling activity or gameplay.

If you want to know where your money goes then you need to keep track of every single cent, this is why many people are always short on cash because they do not really know where their money is going, so even if you do not think that it is that beneficial to have records of how much money you have gambled over the years in fact I find it to be critical, most people that have spent too much money on the casinos prefer not to think about this because the truth will be too hurtful, but unless you face the truth then your behaviour is never going to change and you are going to keep losing too much money.

[nikola22]

I am not gambling whenever bitcoin price is pumping. I don't wanna risk any potential losses in gambling because it can be more profitable if I just hold onto it or just trade with it. That's how bitcoins price affects my gameplay, I totally stop for a bit and focus on more profitable ways to do with my bitcoins.

but if you have some bitcoin on your crypto casino or crypto bookmaker account it would be better try to increase its amount gambling carefully. though altcoins price is also pumping so we have to gamble carefully using alts.

[Gotumoot]

It would depend on how much the price moved.
If it is just small price movement then no but if it's huge it would surely affect my gameplay.
There are also some instances when I would pass on gambling because I think the Bitcoin price would go high.

[traderethereum]

I am not gambling whenever bitcoin price is pumping. I don't wanna risk any potential losses in gambling because it can be more profitable if I just hold onto it or just trade with it. That's how bitcoins price affects my gameplay, I totally stop for a bit and focus on more profitable ways to do with my bitcoins.

but if you have some bitcoin on your crypto casino or crypto bookmaker account it would be better try to increase its amount gambling carefully. though altcoins price is also pumping so we have to gamble carefully using alts.

He can try to use bitcoin to gamble, but that is only if he can accept the risk of losing his bitcoin.
Suppose he has some satoshi, and the site has a conversion to the altcoin. In that case, he can try to convert his bitcoin to the altcoin such as dogecoin, litecoin, ethereum, or trx, so he still has the rest of satoshi in his account that he can use to buy more amount of the altcoin.
That is a good suggestion to him if he still wants to test his luck.
With bitcoin price now is at $19k, I don't think that people who don't have many bitcoin will use that bitcoin to gamble because I think they will use their bitcoin to search for more profit from the other way.
If he only uses his bitcoin, and if suddenly he loses, then he will lose his money without an easy chance to get his money.

[k@suy]

I am not gambling whenever bitcoin price is pumping. I don't wanna risk any potential losses in gambling because it can be more profitable if I just hold onto it or just trade with it. That's how bitcoins price affects my gameplay, I totally stop for a bit and focus on more profitable ways to do with my bitcoins.

The best way to enjoy bitcoin pumped, if you think that it's more better to save up instead
of keep playing and risk your bitcoin that's your choice. Maybe for some gamblers they will
adjust and keep the gambling capital based from their fiat worth, from that they can continue
to play and enjoy those gambling games that they usually play even the value of bitcoin still
pumping up.

Definitely each and everyone has our own choices but if i were the one who has bitcoin and knowing that today bitcoin price were almost $17000 i would never try to gamble it. Well for my own choice i would save it up and probably turn to some style like trading or investment for security purposes . I think i couldn't take the risk of losing even a single bitcoin especially today where the bitcoin pruce were nearly at its ATH.

[btc78]

Very appropriate Topic now and we can observe the gambling division now,if the players and bettors are still active pr the wagering is still continue?or there is a drop in daily basis as Bitcoin continuously growing.

It would depend on how much the price moved.
If it is just small price movement then no but if it's huge it would surely affect my gameplay.
There are also some instances when I would pass on gambling because I think the Bitcoin price would go high.

But 1 btc is 1 btc when talking about Online gambling right?so meaning you are risking in gambling to double the value of your Bitcoin?
then why not just Keep Holding since there will be bull coming and stop gambling totally.

[swogerino]

I think it impacts only when playing slot machines.When we play slot machines the amount is shown in Euros at least in Sportsbet.io where I usually play.This means that for the same amount of bitcoin I can play more free spins when the vlaue of bitcoin is higher.Also I can play the same number of bets if I increase the Euro amount of the bets so it really impacts our gameplay.

[kkaroul4]

Now that the Bitcoin is significantly high, I was having a second thought about it if either save Bitcoin or waste it playing gambling games. I'm a little bit greedy and I want to earn more bitcoin as much as possible so I think I would transfer more now and bet more.

I really think it affects my gameplay.