If btc > $150k, will you still gamble it?

[2double0]

After so much positive speculation, optimism in markets, accumulation by institutional investors, too many analysts predicting a new ATH for btc, let's say if everything goes good and btc reaches extremely high price, will you still gamble it? Or will you 'be able' to gamble it? Won't the fees distract you from using it in gambling?

Take the poll and share your opinion.

[1715361185]

1715361185

[DabsPoorVersion]

What I answered is no,

The fees would be higher when its price will increase. I'll probably dump my btc instead of gambling it and just wait for its price to decrease again to start gambling. It is not good enough to spend large fees if it is only for  gambling.

[Mahanton]

Wont matter much if bitcoins price would go to the roof because we can always base off with fiat value even though its already expensive but it wont matter yet majority of
us would do the same.In regards with fees then i doubt that it would really comes back to normal where the entire network had already normalize so it wont really that much
of an issue. > $150k? How i wish we would really be reaching out that level. In that case, some people will really be keen on spending their coins in gambling and rather
do decide to make hold of it due to potential price increase as years goes by.

[Botnake]

I think it doesn't matter, I will still gamble, I voted on "this" in the poll.

Yes, I don't have any problem gambling btc at high price. After all, 1 btc is 1 btc, right?

As an investor you don't mix things, when you gamble you gamble when you invest, you invest.
That's the principle we should follow so we can still focus on what we are doing even if we do both.

As a gambler all you do is just buy bitcoin and sell when needed to cash out, nothing is extraordinary with that and you can do it regardless of the price.

[Kelvinid]

I can't really tell what will happen but maybe, I can't choose to risk my money into gambling rather than to keep it or converted it to our local currency, it is a big money already for me.

I'm sure gambling institutions still be growing but I'm not sure if there is an increase in the numbers of gamblers. I can't imagine how people are willing to lose their BTC but no doubts that those who think gambling as a source of income will likely to stay and keep on gambling, nothing will change. But for those casual gamblers just like me, either has to think it.

[Fortify]

It's a bit of an odd question, because the value of a whole bitcoin can be irrelevant when it has so many decimal places. If someone gambles 0.01 bitcoin which is worth $135 and bitcoin goes up in value ten times, that person would just bet 0.001 bitcoin to achieve the same effect. Gambling sites can even stretch it further than that by allowing you to buy "points" which represent a certain amount of bitcoin, if somehow the price went much higher. There are many ways to get around these barriers and you can be sure it will not effect gamblers very much.

[Question123]

If the bitcoin rise of the value of $150k maybe I spend only around 0.05 which is my highest possible that I spend on the gambling because If I spend it all that is a big money and If I lose it all it is not good.  

Other gambler for sure they will going to spend all their bitcoin they have just like the people who are greedy in profit maybe they will use it but instead of earning profit they have risk that they money will lost because gambling a risk of way to earn a money.

[Danslip]

If the fees are efficient for processing transactions and the mass withdrawals with cheap fees provided by casinos, my answer is yes. Otherwise, it doesn't make sense to spend a $30 fee for a $50 deposit in BTC. After one point, altcoins with cheap transaction fees will be more popular and the stable coins will replace many alternatives.

[milewilda]

If the fees are efficient for processing transactions and the mass withdrawals with cheap fees provided by casinos, my answer is yes. Otherwise, it doesn't make sense to spend a $30 fee for a $50 deposit in BTC. After one point, altcoins with cheap transaction fees will be more popular and the stable coins will replace many alternatives.

If fees would be still on that high then there would be no other option but to transfer in alts which is more better when it comes on avoiding high fees yet we know that
bitcoin do really have this problem when its price is clinging up to the top but if fees were just in normal then i dont see any problems on continuing on using it on your gambling activity.
Doesnt matter on what would be its price.

[Wexnident]

I mean, I gamble mostly with Bitcoin but I mostly value it depending on USD, so I have no problems with whatever the price BTC is at any point in time. As for the fees issues, as long as it's in a manageable area, I suppose I'm fine with it. Besides, I can simply just turn into altcoin, but if it isn't really possible due to stupidly high fees, I might as well just sell my coins out for altcoins or USD itself and buy altcoins to gamble with. More processes yes, but if it could help me avoid them fees, why not right?

But honestly, I doubt it'd affect me that much. Bitcoin going up or not has no relevant issue with me as long as I gamble while pegging it to USD, so no problems there.

[chaser15]

Or will you 'be able' to gamble it? Won't the fees distract you from using it in gambling?

If the BTC that will be used in depositing to gambling sites will come from my several tasks that pay in crypto or trading profits, then I will continue with my gambling habit. Not directly affecting my gambling since I'm paying within only the BTC border. Currently, I have some reserves and BTC savings.

If it involves cash as I will buy BTC from the exchange, then probably my gambling will be in moderation to save some fees. That won't stop me from doing gambling as that's already a part of my online activity for a long-time now.

[StephenJH]

No, I will HODL. The fees will be abnormal and I am not ready to pay huge withdrawal fees for each transaction. Probably, the USD value of BTC deposits will be credited to the gambling accounts but if there are altcoins for the deposit I will go for it. TBH, I prefer to use BTC for better needs rather than gambling in case of price hits $150k.
 

[robelneo]

After so much positive speculation, optimism in markets, accumulation by institutional investors, too many analysts predicting a new ATH for btc, let's say if everything goes good and btc reaches extremely high price, will you still gamble it? Or will you 'be able' to gamble it? Won't the fees distract you from using it in gambling?

Take the poll and share your opinion.

I have no issues with gambling using Bitcoin even if it is going up I have stated this on one thread but $150 k is tempting not to use because of the high fee, I will likely go for other coins that is accepted in the gambling platform, but there's a possibility that those coins are also on their highest value because other coins follows the price of Bitcoin's value, I cannot imagine myself sending $70 worth of fee it's worth a week's salary by our worker here in my country.

[dothebeats]

As long as I also receive my winnings in btc, I wouldn't have any problem with it. I see a future wherein crypto gambling platforms would impose a USD-only withdrawal on btc casinos but will allow users to use btc as their currencies to play, which is kinda nonsensical given that you are there to win more btc and not win more dollars. I still spend my btc according to their dollar value, too, but that doesn't mean that I wouldn't want to spend it or use it just because it has a high monetary value.

[Viscore]

That will be another story, $150k is something I'm afraid to gamble but I'd have this gambling life, it doesn't change a lot, but possible I'd lower down my betting amount. But this time, gamblers will be taking seriously, it is not just of having fun but this is aiming to win.

Anyway, it is just a presumption, too far from reality. Gamblers will still be gambling no matter what is the price because that is just the same when you are gambling when the price of Bitcoin is low.

[Timelord2067]

The same question was probably asked when bitcoin was $1 and the hypothetical benchmark was set at $ 100 or even $ 10,000.  People will gamble and they will gamble with the funds they have.  (regardless of what those funds are worth)

[maydna]

I think I will still gambling, but not too often because I don't want to become addicted to gambling. It is a choice for you to continue gambling or stop your habit of gambling. I decide not to play gambling too often because I realize the risk that I can get addicted to gambling, and I really need to avoid that by limiting my time to playing gambling. It's no matter if bitcoin can increase more than $150k or more because if you want to still gamble, you don't care if bitcoin increase so high or the price still at a price now. So I vote Yes, I don't have any problem gambling btc at high price. After all, 1 btc is 1 btc, right?

[Darker45]

It won't change. I would still be gambling with cryptocurrency, but less with Bitcoin. That has been my crypto gambling habit for a while now, anyway. I now gamble mainly with Ethereum.

But if Bitcoin would rise at a level once thought to be impossible, say, $100,000, then that would only mean gambling with Bitcoin will now be with smaller amount of Satoshis, but not necessarily small as far as its fiat value is concerned. If you used to gamble with 0.01BTC as the maximum because that's what $100 is worth in BTC then you would just lower your gambling allocation to 0.001BTC.

[Kasabus]

I will definitely gamble no matter what the price of bitcoin is, even if it will reach $1 million per piece, it will not change my passion in gambling.  I don't treat bitcoin as an investment when I'm gambling, so I can take whatever the price in the market.

[acroman08]

I could gamble using bitcoin with the smaller denomination but then again just like what dabspoorversion said. the fees would be higher. so I don't see it would be worth using bitcoin to gamble. I'd either sell it or exchange a small amount of it to an altcoin then store or sell the rest.

[Yogee]

Ah the problem of a gambler and a speculator hehe.

I don't know why the price of BTC would matter whether you'd still gamble or not.

The question here should be if you would still bet the same amount in satoshi or not. Let's say you usually bet 1,000 sats with 1 BTC valued at $13,000, will you still bet at that amount or reduced it to 100 sats [assuming it's not below min.] if it's $150K?

The fees wouldn't matter too since you can always bet it indirectly by selingl it to other cryptocurrencies with cheaper fees and faster confirmation time like Doge.

[Smartvirus]

Does BTC rising to 150k means the end of betting or the stopping point for BTC rising or bet platforms?
If no, then why would people stop gambling knowing that the chances are always both ways! When BTC was 10k, 11k, 12k, people gambled  with the need to increase there starch. Why would a 150k on BTC value be any different. The need to have even more is going to be there so long as there is a possibility in that chance #Betting so, people will always gamble. The only difficulty to the later is the fee which would relatively be on the high as well but then, if it becomes a problem, I'm sure platforms would look into make ng it favourable so as to allow it's customer participation. No one would love to go out of business.

[plr]

Why not if I can still deposit my minimum deposit of $50 with lower fees I will still play using Bitcoin, but the option to use other coin or token is very high just in case I will opted to use Tron, Ripple Litecoin and other coins that offer low fee, we cannot decide on the situation until we are there, but right now it's still preferable to deposit Bitcoin.

[covfefe_]

If the price of bitcoin rose to 150 in three months from today, I'd probably not gamble for some time but if the price hovers around the mark for 6 months more, people would accept the value and such and I'd too start gambling as we'd used to use bitcoin at that price. Though the bets would be much smaller in bitcoin value as gamblers mostly calculate their coins of fiat budget.

[adzino]

After so much positive speculation, optimism in markets, accumulation by institutional investors, too many analysts predicting a new ATH for btc, let's say if everything goes good and btc reaches extremely high price, will you still gamble it? Or will you 'be able' to gamble it? Won't the fees distract you from using it in gambling?

Take the poll and share your opinion.

I see no reason why someone would stop gambling because of the price rise. They would still be gambling but place bets in smaller amount corresponding to the new price. In fact i think more people would want to gamble even more because they now have extra profits from those price increase.
As for the fees, we can hope for it to go back to normal (with slight increase ) soon. The fees goes crazy everytime there is a sudden price change but eventually getting back to normal.

[Chrystora123]

Why not!! there was no reason for me to stop gambling when the Bitcoin price up to $ 150k.  when Bitcoin reaches $ 150k of course crypto gambling sites will adjust to the changes that occur, usually they will change their system (withdrawal fees or add cheaper crypto coins) it is too early for those of you to answer "stop to gambling when the Bitcoin price reaches $ 150k" because definitely changes will occur and the possibilities that will occur are not much different from the current rate..

[lienfaye]

Well the price doesnt matter when we gamble.

However I prefer not to gamble anymore if the value is consistently increasing, its because that moment is a good time to focus on trading to take profit.

As I have said in my previous post I dont gamble often, I am more focus on earning and gambling is not a reliable way to do that.

[Casdinyard]

Why won't I? You won't spend 1 bitcoin in a single gamble that's how simple it is unless you are a heavy gambler but it doen't make a change, for sure he would still be playing with that amount especially if he can afford to do so. If you are a casual gambler, the price of Bitcoin increasing will give you doubts of playing with it because holding it could give you profit already. If that's your concern, then avoid using it in gamble then there are other cryptos which are also acceptable as a mode of payment or simply casg to remove the doubts from doing so. We just tend to complicate things.

[peter0425]

I'll choose the 3rd option since i know how to value my crypto and i will never risk too ,much in gambling now as i have learn my lesson from the past.

I think either i will convert in cheaper altcoin the 25% or stays in bitcoin but surely that 75% will be withdrawn and go for the savings and let it stay for long time as holding.

[Maslate]

I'll choose the 3rd option since i know how to value my crypto and i will never risk too ,much in gambling now as i have learn my lesson from the past.

I think either i will convert in cheaper altcoin the 25% or stays in bitcoin but surely that 75% will be withdrawn and go for the savings and let it stay for long time as holding.

I have bitcoin and I have allocation, some are for investment while some are for gambling, but if the price will reach that high, I think it's very tempting to convert and enjoy the profit, however, I love gambling so I would not definitely gonna cash them out all, I would still gamble.

[hahay]

Betting on btc doesn't have to wager only 1 btc and at least you will only bet a few satoshis and not actually wager $150k. The price that goes up or even the price goes down is in fact every gambler will make adjustments, because in reality the minimum amount of gambling will not require you to spend a lot of money for one gamble.

[Mahdirakib]

~ if everything goes good and btc reaches extremely high price, will you still gamble it? Or will you 'be able' to gamble it? Won't the fees distract you from using it in gambling?

Price change won't affect much in my gambling habit and I will continue it. Cause the amount of btc will remain same, only value in usd will increase. As my gambling bankroll will be in btc amount, the higher price won't make any change in my game play method. But the fee will be high in usd value. And bitcoin network will remain busy most of the time which will cause more higher fee. It may discouraged me not to use btc.

[Coin_trader]

The interesting continuation question for this topic is, If BTC > 150k$ will casino allow small fraction of BTC to deposit? We can't guarantee if the fee will still based on fiat amount because as we are currently experiencing on mem pool overload, The fee in fiat is very high compared when BTC value is lower than this. The value fee in BTC figure still the same.

I wonder if whales still can bet 1BTC if that price comes. And based on what I observe. Most of the gamblers usually convert there BTC to fiat so maybe only few hardcore gambler can bet a 1BTC. But for me, It's a big hell no.

[Kupid002]

After so much positive speculation, optimism in markets, accumulation by institutional investors, too many analysts predicting a new ATH for btc, let's say if everything goes good and btc reaches extremely high price, will you still gamble it? Or will you 'be able' to gamble it? Won't the fees distract you from using it in gambling?

Take the poll and share your opinion.

To be honest , it's depend on the transaction fee asked that day when price goes to 150k$. If it's asked high fees i still continue gambling I will just move to other crypto currency to use in gambling , it will work the same for me nothing change I would have been preceded by the thought of accumulating more btc than using it just for gambling.

[Genemind]

I stop using BTC when gambling when the fees are too high, I always switch to altcoins. But, if the transaction fee when the prices of BTC is justifiable and platforms will allow small fractions of deposits and bets of BTC, I guess gamblers won't worry about it much. The answer all depends on thee transaction fee.

[supine]

It would depend on the transaction fee if the transaction fee would also be too high then no I would just keep it or sell it.
If I just want to have fun there are so many other things to do it or I could just use another crypto to gamble if I really want to.
And it is not just the transaction fee I would also think about the transaction speed we know that sometimes the BTC transaction really takes time.

[iamsheikhadil]

I have some btc saved (not a whole btc but in fractions lol) but if btc hits that price, I'll never even attempt to open a gambling website lmfao. Because just with the price rise, I'll cover most of my casino losses hence, it would be foolish of me to try to make more money on the way lmao xD

[FinneysTrueVision]

I always keep a small amount of bitcoin at several casinos so I wouldn't have to worry about fees unless I tried to withdraw it. I would still gamble with it because if it was worth $150k that would mean I would be thousands of dollars richer than I am now. I will probably hodl the majority of my BTC but gambling is a fun hobby and I am responsible enough to be able to control myself and manage my risk.

[BuNga_cute]

I was too scared to play gambling if the Bitcoin price really went up to $ 150k. Imagine if we lost when playing gambling,
we can lose a lot of money. I will choose to sell my Bitcoin immediately, and will buy Bitcoin again if the price dumps.
Maybe I will also stop playing gambling for a while and choose to make profit through trading.

[Janation]

I am not addicted to gambling so I can say I won't.

But if the case is that I am an addicted gambler and the price rose, that doesn't matter. That just means that you can transact Bitcoins over a million dollar and you just need to send 9 of them. To most gamblers and addicted gamblers, I don't think price matters.

[Reatim]

I am a practical gambler mate and i will surely sell all those Bitcoin and consider buying those cheap coins Like DOgecoin or Ripple because i'm sure Bitcoin moves Higher faster than those 2 coins and it is also accepted in my gambling sites that loves to play.

Will gamble as I am not the addicted person who cannot stop when I have lost after certain amount. So till the time I am fine and enjoying it will gamble else later point of time if have lost an amount beyond which for me is not a go ahead then will stop at that time. So till then why not enjoy the game and have a great time.

You can't resist when thinking that it is 150 thousand dollars and not the value in the past that only 13 thousand.
those are very different gaming feeling so i guess that will change when you're playing that days.

[Yamifoud]

As I've read the above replies it is to find out that most gamblers are willing to give up gambling if the price went high. Sounds that right scenario for the gambling institutions, it might possible many of them will close if the number of gamblers drastically moving down. Could be the risk is different if the price of Bitcoin is high compared to the lower price? I don't think so but the gamblers think about the value of money vs BTC this time that put them in halt and save it than to gamble with ZERO assurance of return.

[culuuton]

In case I have 1BTC at that time, I will use a small amount of money to play for entertainment purposes. The value is too great, so I will also consider the possibility of not playing and selling all if the transaction fee is too high at that time. You can't just play $1000 and lose $ 1000 in fees, gambling sites will probably have a headache when the price goes over $ 150k.

[rodskee]

After so much positive speculation, optimism in markets, accumulation by institutional investors, too many analysts predicting a new ATH for btc, let's say if everything goes good and btc reaches extremely high price, will you still gamble it? Or will you 'be able' to gamble it? Won't the fees distract you from using it in gambling?

Take the poll and share your opinion.

Voted for this :

Yes, I don't have any problem gambling btc at high price. After all, 1 btc is 1 btc, right?

As i don't care about the value of Bitcoin because i Believe that 1bitcoin is also 1BTC even how big the value is.

and also in gambling online using crypto  it is not about the value of the coin but how you will enjoy and win the games you are playing.

[semobo]

Casinos are not charging deposit fees, and also they allows you to bet with least possible value like 1 bit(s) then what is stopping most of the people from doing gambling?

What fees you are talking about guys? The withdrawal fee?

Its almost same as transaction fee so you are not going to use bitcoin for everything?

[Mauser]

After so much positive speculation, optimism in markets, accumulation by institutional investors, too many analysts predicting a new ATH for btc, let's say if everything goes good and btc reaches extremely high price, will you still gamble it? Or will you 'be able' to gamble it? Won't the fees distract you from using it in gambling?

Take the poll and share your opinion.

Such a high bitcoin price would be awesome for us incestors. If the volatility remains low in bitcoins I don't see a reason why it should affect the our gambling habits too much. Most of us are used to gamble with satoshis. If bitcoins become so expensive it will just be more of fractions of satoshis we will play with. In the end casinos will adapt and offer more nano gambling.

[cryptomaniac_xxx]

I voted for this: Yes, I don't have any problem gambling btc at high price. After all, 1 btc is 1 btc, right?

So yes, I will continue to gamble and deposit to online casino's and play my favorite slots and bet on my game. And as the sayin' goes, gamblers will be gamblers, so no matter what the price of btc, gambles and online casino's will not ceased.

[Ucy]

Hope the voters understand what they are voting for. 
Many likely voted for this because they see their bets as gambling, even if they are not and this could make certain investors think people here are willing to gamble(or take big risk with their bitcoins) and they will have a rethink.

Bet but don't gamble. Bet responsibly. Your coins should be put into good use instead of gambling with them.


In regards to fee, you think if price goes up that high, fee will be so high and unaffordable to prevent people from transacting with Bitcoin?

[Taskford]

After so much positive speculation, optimism in markets, accumulation by institutional investors, too many analysts predicting a new ATH for btc, let's say if everything goes good and btc reaches extremely high price, will you still gamble it? Or will you 'be able' to gamble it? Won't the fees distract you from using it in gambling?

Take the poll and share your opinion.

We dream about that price to reach up but for the question if we play gambling guess the answer of majority is they will still play whatever the price of Bitcoin is since for sure gamblers will still find ways to give a shot on online casinos and provably the bets will be at small fractions. I don't see any barricades of the price to stop the urge of the gamblers and for sure their will be a lot of changes which casino make just to make their site more convenient to their gamblers.

[CryptocurencyKing]

Ones the shot to earn is there, there is no point not taking the shot. Probably with a laser amount and most of all. Even now, there are those who stake high on small odd games so, stepping down the stakes won't be of much difference.
No doubt some persons might hold for a while following the fact that fees might be up but, when the leagues begins, predictions starts coming on your thoughts and before you know it, you've got a reason to stake again. Betting never seizes despite the amount involved so, I doubt I'm ever gonna stop, I might reduce my stakes and bet options but, I don't see myself stoping based on increased Bitcoin price.

[janggernaut]

i will choose option 3.

Gamble with little money and sell the rest since the price is already very high. I will exchange it first to other altcoin just like doge or XRP or TRX so i can have "bigger" bankroll to prevent long streak losses in a gambling site, whatever the games i gamble.

[acener]

Yes but I would provably use another cryptocurrency to gamble because Bitcoin is too pricey.
But I could still use Bitcoin but it depends on how much would the withdrawal fee would be and also the transaction fee.
The price of Bitcoin doesn't matter to a gambler what matters to us is the transaction and withdrawal fee.

[Inkdatar]

If btc will reach $150k, I will still gamble but I will bet only small amount of btc since the value is high. Actually, I’m not addicted person when it comes to gambling so I gamble for entertainment purposes only. If others will play and will bet high amount for sure they will regret of losing btc by that time. It is also not good being greedy so people should gamble moderately.

[pilosopotasyo]

I take the second option I will sell some and gamble some of it, I don't know my situation when it hit that huge amount, maybe I am hodling when it was at $50 k and it shoot at $150 k, actually I am using a variety of cons when playing it depends on the availability, if the fee is expensive I opted for other coins I have no problem playing with Bitcoin when it was hitting low or high it's just the fee.

[Strongkored]

Fees will be an issues if gambling with BTC, the current BTC price alone makes the fees quite high, and it could be that later the gambling site will increase the withdrawal fee, then the gambler will face 2 unpleasant things when making deposits and withdrawals.
I choose number 3 sell some and still gambling but convert the BTC to altcoin to avoid high fees.

[imstillthebest]

will you still gamble it? Or will you 'be able' to gamble it?

whats the difference of this too ? they sound the same . i dont gamble my btc in any price but i use alternative coins, im lucky because i adopted gambling this way and im free from stress when deciding if btc value pumped up . i dont have a problem either on holding because i know my standards .  im not greedy and i sold my btc without needing to wait for 150k usd  . i said earlier that i use alts , let say if alts are on this position i will still going to gamble them but the quantity of alt that ill be using will be reduced but not their fiat value .

[Maslate]

Fees will be an issues if gambling with BTC, the current BTC price alone makes the fees quite high, and it could be that later the gambling site will increase the withdrawal fee, then the gambler will face 2 unpleasant things when making deposits and withdrawals.
I choose number 3 sell some and still gambling but convert the BTC to altcoin to avoid high fees.

That's probably the best solution, most gambling sites are already accepting altcoins as they have already anticipated that in the long run bitcoin fee could increase that small time gamblers can't afford anymore and that's a big lose to their business, using altcoin like dogecoin, I think is the best way since it's widely accepted in gambling sites and exchanges.

[swogerino]

After so much positive speculation, optimism in markets, accumulation by institutional investors, too many analysts predicting a new ATH for btc, let's say if everything goes good and btc reaches extremely high price, will you still gamble it? Or will you 'be able' to gamble it? Won't the fees distract you from using it in gambling?

Take the poll and share your opinion.

First of all,if Bitcoin goes above 150K dollars I would be a very happy person and change my life for the better.I would gamble a really low amount for fun mostly because 150K for me is a great target price in which I will sell everything I have got (I have not much though).I am waiting patiently like many of us for that price target to be real but I believe it still takes time and my most optimistic prediction is 100K by the end of the year 2021.Of course I would be very happy if my prediction come through during this worse year of 2020 which made our lives surely not better.

[ethereumhunter]

I vote: Yes, I don't have any problem gambling btc at a high price. After all, 1 btc is 1 btc, right?

I will still gamble even if bitcoin touches the new ATH because I think if we are still using the crypto gambling site, we can have many options to use for a gamble, and we don't have just to use bitcoin. But I won't try to gamble every day because I only need to play gambling if we have free time. I have other things that I need to do besides playing gambling. The fee is not something that I think about because if I use the altcoin, I don't have to think about the fees.

[bunglor]

that price is really high in my opinion I think I would still betting but I would use a converted Bitcoin price to USD mostly my bet is around $30-$100 per bet so I would base my bet base on USD

[romero121]

I will continue to gamble, but I'll spend in terms of USD. Right now I make bets in terms of bitcoin. If bitcoin reach such a price, atleast half of my loss through gambling will get compensated. There is more chances of growth, as more and more People stuck on traditional fiat usage are giving consideration to cryptocurrency and starting to use slowly.

Gambling has turned to be part of life. Without spending few dollars gamblers can't end the day. So, unlike the growth of bitcoin the spending will continue from gamblers. When the price of bitcoin was around $3000 I used to spend in terms of USD. Further with the rise in price started to spend in terms of BTC. If growth goes as in OP once again need to follow the previous way of spending in USD.

[mich]

I can only imagine how this place would be if Bitcoin price was $150k.  

We will see a lot of happier people around here if we reach this price-  even if we reach price $50k.

But to answer you I will still gamble but just much less then I do now.

[dre1982]

I will also still gamble but with lower amounts. Last years I keep betting the same amounts in BTC even when it was upto almost $20k. If it goes even higher I would go lower.

The problem is with crypto you don't see the real value. I would never gamble that high with cash then I do now with crypto.

[2double0]

Till now, around 49% users voted for gambling with their btc no matter the price. But here, everyone is also worried about the matter of high fee when price rise takes place (which can be seen already), so I have created a new thread about what can you do when the fee is high and you want to gamble at any cost. Visit it below and share your valuable opinion there.

https://bitcointalk.org/index.php?topic=5285468.0

[bitbunnny]

It's not very likely that Bitcoin reaches that price, at least not in near future.
I always use approximately same amount for gambling. So in this hypothetical case that Bitcoin price reached enormous price I will convert usual amount to fiat and gamble it. But this is not going to happen, I'm convinced.

[Kong Hey Pakboy]

From my perspective, I would stop playing gambling in a crypto casino if bitcoin's price had reached its new ATH price because I would be more dedicated to hold and maintain all of my bitcoin in my wallet in a long-term. There are also chances that transaction fees will increase, so it would be troublesome to deposit and withdraw my bitcoins in a crypto casino.

[XZERO1]

let's say if everything goes good and btc reaches extremely high price, will you still gamble it? Or will you 'be able' to gamble it? Won't the fees distract you from using it in gambling?

In that case I would use a gambling website that accepts altcoins payment, if bitcoin goes that high in price and that results in huge transaction fees then casino websites will be the ones that should be thinking about coming up with a solution and the only permanent solution to that would be using an altcoin with lower fees at the time, even right now that fees are not that high many casino websites support payments via other cryptocurrencies to reduce costs for their users.

But obviously if bitcoin surges in price other altcoins are not going to be stuck at these price ranges and they will increase in price too, so some of them still not going to be a proper replacement for bitcoin payments to reduce costs and that is when altcoins with very low/zero fees will gain more popularity and not only can they be the payment system that casino website use but also soon after that other online businesses that accept crypto also should do the same thing and at least add the option for paying with other altcoins with lower transaction fees as well.

[3meek]

I think that as the price of bitcoin increases nothing will change! People will make smaller bids... After all, once the bitcoin cost 500 dollars, and people played the same way in the casino... Then it costs 10K dollars and nothing has changed...

[bitbollo]

After so much positive speculation, optimism in markets, accumulation by institutional investors, too many analysts predicting a new ATH for btc, let's say if everything goes good and btc reaches extremely high price, will you still gamble it? Or will you 'be able' to gamble it? Won't the fees distract you from using it in gambling?

Take the poll and share your opinion.

I will continue the same to bet with bitcoin. It's just another "value" I can use for my bets.
Maybe just optimize the fees but generally I will not change my betting habits.
In some occasion I will play less bitcoin (it's useless play so high stakes since we are talking about a x11 from nowadays value). For sure I will not sell, but continue to hold waiting for a new ATH .

[plvbob0070]

If this is the case, I will probably just hold my bitcoin than using it for gambling since I'm not really a big gambler. Gambling is not really my priority so my first choice would be not to gamble, not because of higher fees or something. But if I would really like to gamble while the price of Bitcoin is that high, then I would gamble but with a limited capital only. Or I can also transfer my BTC to altcoin then that's what I will use to gamble.

[Fredomago]

I think that as the price of bitcoin increases nothing will change! People will make smaller bids... After all, once the bitcoin cost 500 dollars, and people played the same way in the casino... Then it costs 10K dollars and nothing has changed...

For those who really engage with crypto gambling activities they won't be bothered as the amount still converted to fiat, nothing will change as they will continue their playing habits.

Always depends with how a person percepts their participations, some might think about the current value and choose to hold and stop for a while.

While others will continue and let the fun continue, it's more on how you manage your
gambling activities, that where it ends,.

[bounceback]

How ever bitcoin price going up or down keep gambling during have chance and have inside money and not using my saving money, most active with gambling site I never use bitcoin as my bet and use altcoin like doge, eth, xrp and more usually use trx for betting. I think with bitcoin look higher amount when betting maybe bitcoin have higher price than altcoin, but when bitcoin break out to higher price above $150k will give more bigger payment fees and does it not good when using bitcoin as betting currency, I think better using altcoin with lower payment fees transaction when sending to betting site and withdraw will have cheapest fee too than using bitcoin.

[CODE200]

It's not very likely that Bitcoin reaches that price, at least not in near future.
I always use approximately same amount for gambling. So in this hypothetical case that Bitcoin price reached enormous price I will convert usual amount to fiat and gamble it. But this is not going to happen, I'm convinced.

"But what about the fees?"
Question being asked often in this topic. Ofcourse many gamblers would still gamble at that price for the reason that nothing will somewhat change. The price will be expensive but it is a matter of adjusting the amount to gamble. There is a point with fees but I doubt gambling sites will not make an action regarding this concern if ever majority of their players will be taking this aspect seriously. Centralized gambling sites will be more used if this is the case because fiat is accepted as a mode of payment. Adjustments in the side of gambling sites regarding high fees is also expected.

[skarais]

I agree that rising bitcoin price often cause network congestion which will cause transaction fees to swell. This is another reason gambler turn to much lower altcoin for transaction fees. If the bitcoin price hit $150K, I probably wouldn't use it for gambling either and chose another altcoin as an option to save on transaction fees.

"But what about the fees?"

When the transaction fee goes up I believe the gambling site will adjust its withdrawal fees "likely to increase". This is what gambler might consider using bitcoin to gamble at times of high price.

[2double0]

I will continue the same to bet with bitcoin. It's just another "value" I can use for my bets.
Maybe just optimize the fees but generally I will not change my betting habits.
In some occasion I will play less bitcoin (it's useless play so high stakes since we are talking about a x11 from nowadays value). For sure I will not sell, but continue to hold waiting for a new ATH .

I don't ask people to go for alt coins, but am curious to know why won't people go for alts of which price will be mich cheaper compared to btc when they are available as alternatives through the gambling website? Xrp and ltc are getting confirmed quick with so much less fee if compared to btc and I am seeing users paying miners over $50 to get their transactions confirmed.

[kryptqnick]

After so much positive speculation, optimism in markets, accumulation by institutional investors, too many analysts predicting a new ATH for btc, let's say if everything goes good and btc reaches extremely high price, will you still gamble it? Or will you 'be able' to gamble it? Won't the fees distract you from using it in gambling?

Take the poll and share your opinion.

For me it's not the price that matters. I would be comfortable using Bitcoin for gambling at such price. After all, it would actually mean using very small amount in BTC, and I'm sure the minimum gets in BTC will decrease. However, what's important to me is the fees, and judging by his it's currently going, fees can be very big if the price gets so high. I would be okay with less than 5% fees, but if the fees make it impossible to deposit and withdraw small amounts, I'm probably not going to do that.

[Saint-loup]

It's not very likely that Bitcoin reaches that price, at least not in near future.
I always use approximately same amount for gambling. So in this hypothetical case that Bitcoin price reached enormous price I will convert usual amount to fiat and gamble it. But this is not going to happen, I'm convinced.

I agree with you, Bitcoin has many other serious competitors now, and I'm not even talking about CBDCs.
So there is no reason to get such a big bull run now.

[abhiseshakana]

It depends on how much fee I have to pay when making a deposit/withdrawal. If the transaction fee is high (I think it will be high, especially if bitcoin subsidies start to run out) then I will think twice before using bitcoin for gambling.

But if there is an option to exchange Bitcoin to altcoins that have low fees or can exchange Bitcoin into fiat, of course I will use that method.

[nicomedya5]

If Bitcoin price reaches 150k dollars, I don't think that I will continue to bet. I have enough Bitcoin to be rich in a situation like that. I wouldn't need to bet anymore.

[palle11]

After so much positive speculation, optimism in markets, accumulation by institutional investors, too many analysts predicting a new ATH for btc, let's say if everything goes good and btc reaches extremely high price, will you still gamble it? Or will you 'be able' to gamble it? Won't the fees distract you from using it in gambling?

Take the poll and share your opinion.

There won't be any need to run off gambling if the price is that high. At this time that price is still around $13k, many don't bet or gamble with a full bitcoin bit just little, so that is the way is going to be in the light of high price of bitcoin.

[TedMosby]

I vote for "Will use some part for gambling and sell the rest".
I gamble for fun, but I need money too.

big players will be ok with the high fees. but for small players, maybe they will offer some options.
despite the altcoin options, I believe that gambling websites will find a way to solve the high fees problem to attract more players.
for example, supporting zero-fee custodial bitcoin wallet service for their website.

[ongkok87]

That can go in different directions. If the bitcoins has risen so badly, then I see no reason to gamble. After all, you want to gamble to make money, and what could be nicer to make money from bitcoin if it rises by itself. However, it can also go down. In that case you are still gambling because the price is going in all directions.

[South Park]

After so much positive speculation, optimism in markets, accumulation by institutional investors, too many analysts predicting a new ATH for btc, let's say if everything goes good and btc reaches extremely high price, will you still gamble it? Or will you 'be able' to gamble it? Won't the fees distract you from using it in gambling?

Take the poll and share your opinion.

Yes I will still gamble but I will reduce the size of my bets to reflect this, in the scenario you are suggesting in which bitcoin reaches 150k that is more than 10x the current price so I will bet only a tenth of what I currently bet on bitcoin terms and basically my bets will be the same size when it comes to fiat terms, this will help get my gambling under control and also I will be able to take advantage of that huge movement the market is going through in the scenario you are presenting, so it is a win-win, I still get to gamble as much as I usually do and make money with my bitcoin in the process.

[ecnalubma]

No, I don’t really have too much appetite for gambling and I’d rather re-invest my earnings in some meaningful investments. No doubt fees might also skyrocket, I hope the network is ready for massive bullrun. We could be really making serious money this year, focusing on the market first at the moment.

[pankowri]

After so much positive speculation, optimism in markets, accumulation by institutional investors, too many analysts predicting a new ATH for btc, let's say if everything goes good and btc reaches extremely high price, will you still gamble it? Or will you 'be able' to gamble it? Won't the fees distract you from using it in gambling?

Take the poll and share your opinion.

I can not answer it surely because I don't know that situation. But I can expect that I may use small funds for gamble. But I will not stop it after increasing the BTC price at any time. The price of Bitcoin can be increased soon shortly and for that the fee will be higher as of now. So I will spend a small amount on gambling but I have no intention to stop it.

[goinmerry]

Choose the BTC1:BTC1 on the poll.

The reason is, I've never gambled with the use of my fiat. Ups or downs, bull or bear, I don't care for what's the trend that currently happening in Bitcoin. I think I already mentioned in other thread that I have some BTC in reserves thru my effort since I enter the crypto and some portions of it are used in my gambling habit.

I even become more excited if bitcoin will be on the rise as it makes me more pumped to always win on my gambling bets no matter what.

[death69]

If Bitcoin price reaches 150k dollars, I don't think that I will continue to bet. I have enough Bitcoin to be rich in a situation like that. I wouldn't need to bet anymore.

Its funny on how you currently try to make money with gambling. Even though I may not as wealthy as you are, I never consider gambling as a way to bring income to my daily life. I have some bitcoin in my private pocket which I save for the future purpose. It is pointless stopping gambling if I become a  rich person, in my opinion. My mindset about gambling is a way to give me joyful, happiness and entertainment. And If you think gambling as a way of making money, you will soon ruin all of your penny in this game of chance

Try to find a stable job. It might help you than gambling

[cabron]

If you are into gambling, no matter how much btc will be, you will still gamble. I would probably still keep trying my own strategy even after losing several times and ended up losing it all.  The thought of beating the house is actually exciting, I bet every gambler also have this in mind. $150K or $500K it doesn't matter. What really matters is what you have in your wallet.

[AbuBhakar]

No, I don’t really have too much appetite for gambling and I’d rather re-invest my earnings in some meaningful investments. No doubt fees might also skyrocket, I hope the network is ready for massive bullrun. We could be really making serious money this year, focusing on the market first at the moment.

It will be fun to still play but the money I should used in gambling should came from other source of income maybe from trades or from other reward since price is too high to risk too much in gambling. But for sure still many will take their chance to still play no matter how high the fees are especially if they are really into gambling.

[seleme]

If Bitcoin price reaches 150k dollars, I don't think that I will continue to bet. I have enough Bitcoin to be rich in a situation like that. I wouldn't need to bet anymore.

Its funny on how you currently try to make money with gambling. Even though I may not as wealthy as you are, I never consider gambling as a way to bring income to my daily life. I have some bitcoin in my private pocket which I save for the future purpose. It is pointless stopping gambling if I become a  rich person, in my opinion. My mindset about gambling is a way to give me joyful, happiness and entertainment. And If you think gambling as a way of making money, you will soon ruin all of your penny in this game of chance

Try to find a stable job. It might help you than gambling

1 BTC is still 1 BTC no matter what the price it is traded on global markets. The fees will be higher than the average rate, so wasting a big part of the holdings in transactions is not the proper way to spend life-time crypto earnings. Anyway, I agree with the last opinion, the gambling is not there for making someone rich or feeding the family with making big bucks. Usually, land casinos prefer to have 1 gambler with a big bankroll rather than 1000 customers with small chips. That is why only 2 or 3 low limit tables are on casinos while there are more in the VIP area of the same casino.

[ChiBitCTy]

After so much positive speculation, optimism in markets, accumulation by institutional investors, too many analysts predicting a new ATH for btc, let's say if everything goes good and btc reaches extremely high price, will you still gamble it? Or will you 'be able' to gamble it? Won't the fees distract you from using it in gambling?

Take the poll and share your opinion.

I don't see what changes if bitcoin does skyrocket past 150k per coin or whatever.  If if it does appreciate that much, then I think I would be much more willing to gamble because I've got more money to do so.  "Wont the fees distract you"..this doesn't even come in to play here.  How do we even know what fees will be then.  Not sure this question is relevant.

[Oilacris]

I am a gambler that based on the number of bitcoin on bets and not on its value. So maybe I would still gamble. The transaction fee is one of the biggest factors cause it is added to the cost of me to be able to gamble, I still might consider gambling despite the price as long as I see it's a pretty reasonable fee. If this kind of situation happens I think it's a common thing to see a cost hike.

If this scenario is given in the year 2015 when the bitcoin price is still premature, The thing will be the same. Gamblers will be gambling no matter the price of bitcoin is.

You're right!

Gamblers will always be gamblers no matter on what would be value of bitcoin on be that time.People will gamble and wont be minding if btc value is high.
Some will stick with btc accumulation or some will just stick out to their traditional ways where they do depend on the value.

Also one thing comes to my mind about fees where i doubt that we would really be paying up some serious value which would really be a hesistant thing
for most yet even if you are a hard gambler you wont really just let those fees be deducted into your balance unless if you are rich
then you wouldnt mind but for micro gamblers? Then this would be a serious thing for them.

In my case, i would still gamble if i do have the chance or bitcoin in my stash or even with altcoins.Gambling industry would be still alive
on the time bitcoin will be reaching out this level which is somewhat an imaginary presumption. 

[target]

I am a gambler that based on the number of bitcoin on bets and not on its value. So maybe I would still gamble. The transaction fee is one of the biggest factors cause it is added to the cost of me to be able to gamble, I still might consider gambling despite the price as long as I see it's a pretty reasonable fee. If this kind of situation happens I think it's a common thing to see a cost hike.

If this scenario is given in the year 2015 when the bitcoin price is still premature, The thing will be the same. Gamblers will be gambling no matter the price of bitcoin is.

You're right!

Gamblers will always be gamblers no matter on what would be value of bitcoin on be that time.People will gamble and wont be minding if btc value is high.
Some will stick with btc accumulation or some will just stick out to their traditional ways where they do depend on the value.

Also one thing comes to my mind about fees where i doubt that we would really be paying up some serious value which would really be a hesistant thing
for most yet even if you are a hard gambler you wont really just let those fees be deducted into your balance unless if you are rich
then you wouldnt mind but for micro gamblers? Then this would be a serious thing for them.

In my case, i would still gamble if i do have the chance or bitcoin in my stash or even with altcoins.Gambling industry would be still alive
on the time bitcoin will be reaching out this level which is somewhat an imaginary presumption.  

It make sense to gamble and hope to get more BTC. $150K per BTC is a dream come true.

10,000 satoshi in the future could be more than $10 so why not. Why bother fees if you win big time, the fees will just be like dust.
A gambler will keep on betting til he lose it all and will also bet using ETH or any other coin after all prices of these tokens are also gonna go up.

[goldade]

After so much positive speculation, optimism in markets, accumulation by institutional investors, too many analysts predicting a new ATH for btc, let's say if everything goes good and btc reaches extremely high price, will you still gamble it? Or will you 'be able' to gamble it? Won't the fees distract you from using it in gambling?

Take the poll and share your opinion.

Personally, I wouldn't gamble if bitcoin hit $150k. That's a huge sum of money and gambling it would violate my first rule of gambling which is 'Always gamble what you can afford to lose'. I might still be able to gamble using smaller amount of bitcoin (amounts I can afford to lose).
However, there's the issue of fees. Many claim they wouldn't gamble because of the high fees but it is noteworthy to know that the fees wouldn't matter much when you make winnings gambling. One would be glad enough to pay the fees to gamble or withdraw one's funds.

[FlightyPouch]

Yes, I will. I don't think that all of us would say no to this since gamblers would be gamblers. Even though the price rose to that value, that just means higher price with lower denomination. I have mBtcs in a casino site I am always gambling and as I said in the other thread, if you will not be looking at the price, that numbers won't change.

[lebregone]

There are certain condition of course because if the bitcoin will reach a new ATH for example 150k$ and it's transaction fee will skyrocket also like it will range from 50$ and above then I will certainly avoid using bitcoin in gambling.

But I will just hope that the transaction fee of bitcoin will remain low even if it's price will reach a new ATH so we can still use it freely either in gambling or any transactions. High fees are very distracting of course, I guess most of us feel the same way especially if it will hurt our pocket that much.

[Saint-loup]

If Bitcoin price reaches 150k dollars, I don't think that I will continue to bet. I have enough Bitcoin to be rich in a situation like that. I wouldn't need to bet anymore.

Be careful bro, don't underestimate the gambling fever.
Many gamblers are rich people, I would even say most of big players are rich people.
Love of gambling (or gambling addiction) is not a matter of money AFAIK.

[cabalism13]

If Bitcoin price reaches 150k dollars, I don't think that I will continue to bet. I have enough Bitcoin to be rich in a situation like that. I wouldn't need to bet anymore.

Be careful bro, don't underestimate the gambling fever.
Many gamblers are rich people, I would even say most of big players are rich people.
Love of gambling (or gambling addiction) is not a matter of money AFAIK.

Well, you can still gamble a little portion of it, maybe sats I think. By the timeniy reaches that pricenI think there would be less miners so the fees are also high so mking a bet with btc would be a pain in the ass.

[2double0]

<<>> "Wont the fees distract you"..this doesn't even come in to play here.  How do we even know what fees will be then.  Not sure this question is relevant.

Yes it is relevant because we can see how miners have stopped taking low satoshi fee transactions in their blocks and set their bars high. Why will this not happen when the level of greed will be much more bigger than today when it is not even at 1/10 of what I assumed? And I was talking about fees in USD, are you willing to pay $50 in a transaction to get it confirmed in the next block while sending $150 to the gambling website? You are filthy rich if your reply will be 'Yes' at that time.

[Shasha80]

The increase in the price of Bitcoin did not stop me from playing gambling, because I really like gambling, so whatever happens I will
continue to play gambling. Even the increase in the price of Bitcoin can provide benefits if we win the amount of money we make will
be much greater. The most important thing in playing gambling is that we have to know when to stop, as long as we can control the
capital we use in playing gambling. The increase in the price of Bitcoin should not be a reason to stop playing gambling.

[johhnyUA]

After so much positive speculation, optimism in markets, accumulation by institutional investors, too many analysts predicting a new ATH for btc, let's say if everything goes good and btc reaches extremely high price, will you still gamble it? Or will you 'be able' to gamble it? Won't the fees distract you from using it in gambling?

Fees doesn't affect casinos where is centralized (it can be provably fair or not, doesn't matter) gambling activities. Like you're playing dice trough casino flash player or something like that. In casinos where everything is on blockchain (like some eth casinos) it will be a death warrant, because noone to pay 10 dollars (or some close amounts) for spin.

In games like poker people will just deposit and withdraw large amounts, i doubt that something will change for them.

Personally, i would stop, there enough cash gambling games and don't need to spend valuable bitcoin

[DarkDays]

Love of gambling (or gambling addiction) is not a matter of money AFAIK.

I must agree with the above in that the price of BTC may not put others off from gambling at all because gambling to them is nothing more than just that. One could argue that you could even get lucky, and while we know that the odds are low it won't stop people from trying.

So I think when you have something that you do everyday you can't suddenly stop, addiction makes it even harder and some may find it even more thrilling. Bottom line is that people are people, and price/money is irrelevant when it comes to feeding addiction.

[FlightyPouch]

The increase in the price of Bitcoin did not stop me from playing gambling, because I really like gambling, so whatever happens I will
continue to play gambling. Even the increase in the price of Bitcoin can provide benefits if we win the amount of money we make will
be much greater. The most important thing in playing gambling is that we have to know when to stop, as long as we can control the
capital we use in playing gambling. The increase in the price of Bitcoin should not be a reason to stop playing gambling.

I guess this really depends. There are a lot of people that would take this in different ways. I am like you that wouldn't stopped by this price change and there are those that will. I think we could say that they are those focussing on bitcoin as an investment, where they put their money to invest and they don't want to use it fully in betting.

[Janation]

If Bitcoin price reaches 150k dollars, I don't think that I will continue to bet. I have enough Bitcoin to be rich in a situation like that. I wouldn't need to bet anymore.

That's a new perspective..

But I guess that also rises a new question. Are you actually gambling to increase the number of your Bitcoins that you are holding or you are actually doing it for fun? Habit or not if your answer on the first question is yes I guess you would still continue to bet despite the price increase.

[coin-investor]

After so much positive speculation, optimism in markets, accumulation by institutional investors, too many analysts predicting a new ATH for btc, let's say if everything goes good and btc reaches extremely high price, will you still gamble it? Or will you 'be able' to gamble it? Won't the fees distract you from using it in gambling?

Take the poll and share your opinion.

The fee is going to be a big concern because by that time there will be a lot of trading and we are going to have a very active commerce, Bitcoin at that price is adoption by merchants and that's what keep the network congested, so I don't think I will be using Bitcoin to gamble, when there are also a lot of coins that I can use with minimal fee.

[Fredomago]

The increase in the price of Bitcoin did not stop me from playing gambling, because I really like gambling, so whatever happens I will
continue to play gambling.

Gamblers always loves the fun, whatever the value of bitcoin it won't stop a gambler who really enjoying using their bitcoin.

Even the increase in the price of Bitcoin can provide benefits if we win the amount of money we make will
be much greater.

If luck permits you to win then the enjoyment will be more as you can cash out bigger value of winnings, who knows right.

The most important thing in playing gambling is that we have to know when to stop, as long as we can control the
capital we use in playing gambling.

Control is very important, the key factor of avoiding losing lots of money if you know how to manage your funds.

The increase in the price of Bitcoin should not be a reason to stop playing gambling.

It's your money to spare, pays for your enjoyment not unless if you are so much addicted as losing more bitcoin means losing more money.

[ralle14]

I don't know how the bitcoin network would look like if we reach $150k but as long as there's casinos taking instant deposits I would worry less about the fees. Casinos will probably introduce alternatives like the lightning network if we get to that point. I'd still gamble even if the price goes above $150k as long as they adjust their minimum deposits and withdrawals to a reasonable level.

[xSkylarx]

If $20 is not the minimum amount in btc value on that website then I won't gamble anymore. Imagine at that price, how much 10k satoshis will be. And also the fees, I think it would also cost higher. I will just find other website that will accept credit card, or maybe gambling websites can adjust their minimum deposits and withdrawal if that really happens.

[carlisle1]

I think if that time comes?i will change coins to other altcoins and will maintain my Bitcoin either on Hold or to sell them all as the price is really tempting in which we are looking forward for all our times here.
Imagine my Bitcoins on hold will bring me to become a millionaire here in my country?
and cannot wait to buy a new house and lot,and stop gambling for a while.

[Rodeo02]

If $20 is not the minimum amount in btc value on that website then I won't gamble anymore. Imagine at that price, how much 10k satoshis will be. And also the fees, I think it would also cost higher. I will just find other website that will accept credit card, or maybe gambling websites can adjust their minimum deposits and withdrawal if that really happens.

As said above you can send it using lightning Network so it will only cost low fees.

The minimum deposit and widrawal is possible to be change once that thing happen . They will always find a solution for every problem we will face so we can continue gambling using Bitcoin. If they know we can't then they need to find other solution for that .

[DoublerHunter]

^ As a small-time gambler, I would still say yes. I started buying bitcoin for entertainment and that is gambling then I learned to trade afterward though fees may get higher if the bitcoin price increases but when you gamble with higher transaction fees and win then it can be paid off all your expenses. However, it is not always the case since the possibility of losing is present at all times then you may regret gambling when you lose and think that you should have just sold it, now you will ask me if this happens to me I would just tap my head and say to myself the first reason why I bought bitcoins in the first place and just regret after losing it when I was entertained on the game.

[michellee]

I think if that time comes?i will change coins to other altcoins and will maintain my Bitcoin either on Hold or to sell them all as the price is really tempting in which we are looking forward for all our times here.
Imagine my Bitcoins on hold will bring me to become a millionaire here in my country?
and cannot wait to buy a new house and lot,and stop gambling for a while.

Yeah, that will make us a millionaire, especially if we can save more and more bitcoin from now on before the price increases. Holding the bitcoin will be the best way to do right now than to use that bitcoin to gamble. We can select other coins which are not too expensive than bitcoin, and we can buy with a big amount of the altcoin. I think that will be better for us, so we can still save the bitcoin for the investment.

You need to be patient because the bitcoin price is on the way to increase and make a new ATH. I am sure many people will have a dream to buy something for their lives like you. But we don't know if bitcoin price can increase more than $150k in the next bull run because that will remain still a mystery to us.

[iv4n]

I used bitcoins for gambling when price was $150, I gamble now when price is $13400, and I will probably gamble when prices goes over $100k. It's what I like to do, I know how much I can spend and I will adjust my depos9and bets. When I started with btc gambling it was normal to gamble with whole btc or more for me, now I don't deposit more than 0.03, I am usually around 0.005-0.01, in future a few mbtc will be probably be eno2for gambling. It's how it goes!

[erikoy]

Gambling is not about how much btc could be if sold or paired to $. There is no relevance but a gambler could only spend the right amount of money that will not compromise other needs or priorities.

Anyway, in gambling with btc aside from playing it because of fun, excitement and at the same to earn if lucky means that bitcoin is a way for you to become more comfortable for from its features being anonymous and all transaction could be made in bitcoin network without having the need of third party service to provide the transaction.

[stomachgrowls]

^ As a small-time gambler, I would still say yes. I started buying bitcoin for entertainment and that is gambling then I learned to trade afterward though fees may get higher if the bitcoin price increases but when you gamble with higher transaction fees and win then it can be paid off all your expenses. However, it is not always the case since the possibility of losing is present at all times then you may regret gambling when you lose and think that you should have just sold it, now you will ask me if this happens to me I would just tap my head and say to myself the first reason why I bought bitcoins in the first place and just regret after losing it when I was entertained on the game.

I dont have this kind of mindset on where i do already mind of the probabilities of fees that would be paid off incase i do make some wins.I do prefer not to presume out because it will really just frustrate you when outcome isnt really on the one you've been expecting so its better not to mind it at all.

Im also a small time gambler and every fees thats been used will really matter most of the time yet we know that we do like on minimal as possible and in times like these where fees is soaring high then
you would really have second thoughts on proceeding or to play.I did even pass on last days gambling activity due for that main reason.

Its up to someone though if he would be willing  to pay some premium fees just for him to gamble or would simply skip out and wait for the entire network to calm down or
normalize.

[abhiseshakana]

The increase in the price of Bitcoin did not stop me from playing gambling, because I really like gambling, so whatever happens I will
continue to play gambling. Even the increase in the price of Bitcoin can provide benefits if we win the amount of money we make will
be much greater. The most important thing in playing gambling is that we have to know when to stop, as long as we can control the
capital we use in playing gambling. The increase in the price of Bitcoin should not be a reason to stop playing gambling.

Don't you know if the Bitcoin price increases, it is likely that the transaction fees will also increase? Let's say the transaction fee to get the transaction mined on the next block is around 300 sat/byte and a median transaction with the size of approximately 225 bytes. If bitcoin price reaches 150K then the transaction fees you have to pay is 0.000675 bitcoins (around 101 USD at 150K rates).

[Becky666]

If Bitcoin price reaches 150k dollars, I don't think that I will continue to bet. I have enough Bitcoin to be rich in a situation like that. I wouldn't need to bet anymore.

Really?, what about the fun?, the entertainments nko?. Come-on mate, gambling isn't for what we get from it but the ease it brought to us while we gamble. I will continue gambling with Bitcoin even when the price of Bitcoin stack beyond $150k, becasue it's a means to relax my nerves and to lighting up my day when depress. My most wanted in gambling is the fun and entertainment therein and not what i will get from it as per finance[profit]. 

[100bitcoin]

After so much positive speculation, optimism in markets, accumulation by institutional investors, too many analysts predicting a new ATH for btc, let's say if everything goes good and btc reaches extremely high price, will you still gamble it? Or will you 'be able' to gamble it? Won't the fees distract you from using it in gambling?

Take the poll and share your opinion.

I have already stopped gambling with BTC. Lately, I gamble with LTC only. LTC transactions get confirmed with 200 Litoshi only, i.e. ~0.0001 USD and block time is 4x faster than BTC. Hence, associated cost of gambling is far lower while the overall experience is faster.

[shoreno]

I have already stopped gambling with BTC. Lately, I gamble with LTC only. LTC transactions get confirmed with 200 Litoshi only, i.e. ~0.0001 USD and block time is 4x faster than BTC. Hence, associated cost of gambling is far lower while the overall experience is faster.

What a co incidence that you also carry a signature of a gambling site that highlights the litecoin crypto as it's primacy currency . no doubt that litecoin was one of the best alternative for btc when gambling or simply paying , you already explained the reasons why . btc at 150k usd is alot but the question will depend if you are an avid fan of gambling because if your just a casual gambler you will be able to prioritise selling or holding but for regular gamblers they still going to depo and gamble using thier btc

[robelneo]

After so much positive speculation, optimism in markets, accumulation by institutional investors, too many analysts predicting a new ATH for btc, let's say if everything goes good and btc reaches extremely high price, will you still gamble it? Or will you 'be able' to gamble it? Won't the fees distract you from using it in gambling?

Take the poll and share your opinion.

I have already stopped gambling with BTC. Lately, I gamble with LTC only. LTC transactions get confirmed with 200 Litoshi only, i.e. ~0.0001 USD and block time is 4x faster than BTC. Hence, associated cost of gambling is far lower while the overall experience is faster.

So far I only find one litecoin dedicated gambling site and it's the one in your signature, Litecoin is a good alternative I have often used it when the fee is very high andf there was traffic in the network, but majority of the gambler still prefer Bitcoin, but we don't know the scenario and the motivation of the gamblers if Bitcoin reach $150 k and you have to pay $20 to $50 or even more there could be change of mind, Bitcoin at $13k is still ok to deposit and play.

[boltz]

I've already stopped betting since 2 days and I'm not planning to make a single bet again in my life after what losing streak I had in the last months so yea , don't waste your coins on gambling and if you do, make sure you know how to lose.

[Assface16678]

I've already stopped betting since 2 days and I'm not planning to make a single bet again in my life after what losing streak I had in the last months so yea , don't waste your coins on gambling and if you do, make sure you know how to lose.

The concept in gambling is certainty of losing most of the time. Gambling is not that bad, greed is. Many gamblers are making this activity as a source of income despite of inconsistencies with the profit. In these instances, greed and frustration might take place resulting to bigger losses from wanting to get your money back. Gambling is meant to be a leisure activity not a reliable source of income.If you enjoy playing, then continue but if this game results to another problem, that's something to be worried of.

[XCANA]

I've already stopped betting since 2 days and I'm not planning to make a single bet again in my life after what losing streak I had in the last months so yea , don't waste your coins on gambling and if you do, make sure you know how to lose.

Sorry for the loss but that shouldn't be a yardstick to stop what you enjoy. Most of my time in gambling, i have made some consecutive losses on gambling but never gave up becasue i personally gable for entertainment than just hustling towards the rewards of the aftermaths.

Base on my gambling style-life, i will continue with Bitcoin gambling all the rest of my life even though it[Bitcoin] turns above $150k. I don't gaze toward the profit but just for the fun in it while gambling.

[davinchi]

Why do people assume that people wager with bitcoin without looking at the price of the bitcoin they are playing with? I mean I play with dollar value of it in my mind and it has never changed in the past 7 years I have been gambling.

I wager about 10-20 bucks per week and that doesn't change just because bitcoin price changes, I wagered about 27 dollars this week for example and I did that 7 years ago as well, the difference is 27 bucks meant a lot more bitcoin back in those days and it means a lot less bitcoin today but it is still the same amount of dollars I am gambling. So, if I wager 100 bucks per month, that means I wager 0.007240 bitcoins that month and I would totally keep wagering 100 bucks even if it is 150k dollars per bitcoin as well if it means just few k satoshi in the end.

[boltz]

I've already stopped betting since 2 days and I'm not planning to make a single bet again in my life after what losing streak I had in the last months so yea , don't waste your coins on gambling and if you do, make sure you know how to lose.

Sorry for the loss but that shouldn't be a yardstick to stop what you enjoy. Most of my time in gambling, i have made some consecutive losses on gambling but never gave up becasue i personally gable for entertainment than just hustling towards the rewards of the aftermaths.

Base on my gambling style-life, i will continue with Bitcoin gambling all the rest of my life even though it[Bitcoin] turns above $150k. I don't gaze toward the profit but just for the fun in it while gambling.

You should never encourage others to start betting, you know that right ? Everyone should make their own decisions based on their own free thinking but personally, I think you have a lot of money to spend them on bets , instead of buying something nice for you or your wife, kids , family. It's easy to say now that you will gamble when bitcoin goes over 100k, but when it does, things might chance. Anyway, it seems today most of the favorites won their games so Barcelona might win too.

[iamsheikhadil]

I've already stopped betting since 2 days and I'm not planning to make a single bet again in my life after what losing streak I had in the last months so yea , don't waste your coins on gambling and if you do, make sure you know how to lose.

I've made similar resolutions in the past and it failed everytime lmfao.

It just doesn't work like that. You have to slowly leave it instead of going cold turkey! Because after few hours or days, the temptation will be so high, you will end up gambling again and will lose most than you can save! It's better to have long term goals!

[ChrisPop]

I would just gamble in satoshis instead of higher denominations. The great thing about Bitcoin is its divisibility. We have BTC, mBTC, uBTC and sats. I'm excited for the moment when we'll pay for coffee with 100 sats or so.
I don't see why would the mining fee increase? If Bitcoin reaches $150k/unit the fee in BTC will be smaller and it shall remain about the same as it is now in dollars-wise.

[Twinkledoe]

I've already stopped betting since 2 days and I'm not planning to make a single bet again in my life after what losing streak I had in the last months so yea , don't waste your coins on gambling and if you do, make sure you know how to lose.

I've made similar resolutions in the past and it failed everytime lmfao.

It just doesn't work like that. You have to slowly leave it instead of going cold turkey! Because after few hours or days, the temptation will be so high, you will end up gambling again and will lose most than you can save! It's better to have long term goals!

For me, I'm not saying to myself that I will not bet again because that's really hard especially if you are following a specific sport. What you can do maybe, is stop for certain period and just go back when you have extra money to bet. Don't use money that you will need for basic necessities, if possible just use the extra extra, so it is not heavy in your heart when you lose again.

[sunsilk]

I still have the choice to choose always the minimum deposit amount if the price jumps too high and if we're going to convert that in fiat, that's what most of our concern lies. The conversion of bitcoin to USD is going to be the basis how much we're going to deposit. As I'm reading the whole thread, this is what others going to do too.

It's going to work if you're too conscious with the amount you gamble so have a flat base to fiat to lessen the decimals you'll deposit. But if it doesn't hit you much and you're okay to gamble the usual amount you deposit, it's your btc and no one would argue and stop you doing that.

Concerning the fee, I'll check first the recommended fee before sending.

[dwyane36]

I would totally keep wagering 100 bucks even if it is 150k dollars per bitcoin as well if it means just few k satoshi in the end.

$100 will equivalent to ~ 67k satoshi if BTC raises up to 150k. And I guess you will have some problems with a high fee for tx. For example, you deposit $100(67k sats) from your wallet, and also you need to pay from 6k to 20k sats($10-$30) for the fee. In this case, It doesn't look profitable.

[royalfestus]

I expect the height of this market in the next 18 months where we could have the bull towards the completion of the cycle but a lot of factors will affect the peak of the price. A careful trader will decide on the price of exit at least with certain percentage of his portfolio, Greed needs to be carefully manage to maximise the profit both for bitcoin and ethereum. I expect 10x-15x on bitcoin and 25x-100x for ethereum and other altcoins, I pick a point between for taking profit. The present pandemic could affect the flow of fund in the market except is controlled as early as possible

[fishbonez11]

I would totally keep wagering 100 bucks even if it is 150k dollars per bitcoin as well if it means just few k satoshi in the end.

$100 will equivalent to ~ 67k satoshi if BTC raises up to 150k. And I guess you will have some problems with a high fee for tx. For example, you deposit $100(67k sats) from your wallet, and also you need to pay from 6k to 20k sats($10-$30) for the fee. In this case, It doesn't look profitable.

Absolutely right, as the price gets higher the transaction fee becomes higher also. And practically it's not economical, there's no way you'll get good profit. Though there is another way to avoid this high transaction fees, you can just use another kind of coin like LTC or XRP. I spent very small maount as low as 0.00045XRP when doing transaction, and that could be an alternative.

[batang_bitcoin]

Safety first and I'll allocate my profit to my savings but it doesn't mean that I won't be allocating fund for my leisure. And that's where it will go to whichever thing and activity that I want to do, gambling is included. I think we're even more happy to gamble if the price reaches that amount because we're likely to be carefree about how much we'll be gambling as long as we have our holdings in safety. Fees could go with the minimum of $10 for every $100 transfer or even more than that fee but I wouldn't mind as long as I'm happy to do it.

[MCobian]

I am sure for people who play gambling to be able to make money, they will stop playing gambling for a while,
if the Bitcoin price reaches $ 150k. But if people play gambling for entertainment purposes, no matter how high
the Bitcoin price rises, it will not make that person stop gambling. And I chose the third option, which shares my
Bitcoin. Some I sell so I can get profit, then some I will use to play gambling.

[Quidat]

I am sure for people who play gambling to be able to make money, they will stop playing gambling for a while,
if the Bitcoin price reaches $ 150k. But if people play gambling for entertainment purposes, no matter how high
the Bitcoin price rises, it will not make that person stop gambling. And I chose the third option, which shares my
Bitcoin. Some I sell so I can get profit, then some I will use to play gambling.

If there is an addiction at some point, the price of assets shouldn't matter for gamblers. Gambling for fun is a healthy method for using cryptocurrencies but I wish there were worldwide accepted payment methods with BTC. Selling half and gambling the other half is still a risky choice because I will never the 0.5 BTC in gambling for entertainment purposes in case of having full BTC. The network throttle is another problem here, so the time will show us which way we should choose.

Not all do really had that full BTC into their wallets thats why its not really that precise to presume out that we do have that amount but spending out 50% of your entire money is really just that risky
for someone yet you wouldnt know that you would tend to make use of those funds 100% once addiction sets in or your greediness do really overcome you.People are naturally greedy and when its
triggered then making out dumb decisions later on which would really result into loss and ending up on regrets.Its our own money though which means we do have the full control of it,
some might really be listening out to others advice but there are ones who doesnt really care and just proceed on.We do treat out bitcoin as precious but what matter most is that we should
always be on control with our finances.

[Oceat]

Safety first and I'll allocate my profit to my savings but it doesn't mean that I won't be allocating fund for my leisure. And that's where it will go to whichever thing and activity that I want to do, gambling is included. I think we're even more happy to gamble if the price reaches that amount because we're likely to be carefree about how much we'll be gambling as long as we have our holdings in safety. Fees could go with the minimum of $10 for every $100 transfer or even more than that fee but I wouldn't mind as long as I'm happy to do it.

So I guess you are choosing the third one which is also my choice since I am not into making money in gambling. I like your idea how you want to spend your Bitcoin just for your leisure time but let me tell you something when it comes to sending Bitcoin, the fees are so crazy when there's a hype. Why not switch to a stable altcoins like USDT then buy back Bitcoin using the altcoin? I guess switching is the only way if you want to earn from this congested network that absolutely make you pay such incredibly high mining fee just for the sake of gambling.

[dimonstration]

Why do people assume that people wager with bitcoin without looking at the price of the bitcoin they are playing with? I mean I play with dollar value of it in my mind and it has never changed in the past 7 years I have been gambling.

Set amount in dollar of what amount only to bet in every bet or on that set, bitcoin price is too volatile and it changes every now snd then so it's not advise not to think of dollar when playing. When we base our bet via btc and not thinking of how much it is in dollar we will soon to run out of budget too fast as if no plan of enjoying the game and just feel pressured throughout his playtime.

[Serious475]

After so much positive speculation, optimism in markets, accumulation by institutional investors, too many analysts predicting a new ATH for btc, let's say if everything goes good and btc reaches extremely high price, will you still gamble it? Or will you 'be able' to gamble it? Won't the fees distract you from using it in gambling?

Take the poll and share your opinion.

What ever the price of bitcoin, i will still gamble it because it won't change anything about me. Maybe the pressure of high bets can affect my game play but the price of bitcoin won't. If you really are a professional gambler, you will gamble and take the risk what ever in exchange because you will also think that you won't win unless you try. The transaction fee can really affect everyone but not the one who give his life on gambling.

[maydna]

Set amount in dollar of what amount only to bet in every bet or on that set, bitcoin price is too volatile and it changes every now snd then so it's not advise not to think of dollar when playing. When we base our bet via btc and not thinking of how much it is in dollar we will soon to run out of budget too fast as if no plan of enjoying the game and just feel pressured throughout his playtime.

The only way that we can do is change from bitcoin into altcoin so that we don't have to think much about bitcoin price moving. It is better to save our bitcoin for this moment because bitcoin price can increase anytime, and we don't want to lose bitcoin in the gambling games. Perhaps, we can set the amount to bet every week, so we don't have to add more amount to our gambling account to gamble.

What ever the price of bitcoin, i will still gamble it because it won't change anything about me. Maybe the pressure of high bets can affect my game play but the price of bitcoin won't. If you really are a professional gambler, you will gamble and take the risk what ever in exchange because you will also think that you won't win unless you try. The transaction fee can really affect everyone but not the one who give his life on gambling.

For some gamblers, they will not think about that. But for gamblers who are not playing gambling every day, they will think about the bitcoin price, and of course, they will also think about the transaction fee that can increase. We might still play gambling, no matter if the bitcoin price rise high, but we can use the other coin to gamble if we really care about our bitcoin.

[gabbie2010]

I gambles with dollar rate ie based on $ not Bitcoin rate thus I wouldn't  bother if Bitcoin is $150K if my minimum wager is $10 then it btc equivalent is 0.0000667btc, while some gamblers gambles based on btc rate, its  will be absolutely very high rate, losing such a big sum of btc on gambling or betting is not advisable it will rekt an account easily and can spell doom an addicted gambler to become bankrupt.

[jrrsparkles]

I will still bet on bitcoin probably the bet amount could be lower and depends on the dollar value but not going to stop the cryptocurrency gambling. Maybe we can see lot of difference in the gambling sites itself like reducing the withdrawal fee to the most cheapest as possible, instant deposit upto certain limitations even zero confirmation like that.

[aioc]

If the fee is manageable when price of Bitcoin is on that level I will continue playing using Bitcoin, Bitcoin is the most important Cryptocurrency and if I win it's like a win three times because Bitcoin will keep on growing in the market, and besides it's the one I've used eversince I started gambling online and I only use other coins as alternatives when the fees is high and there is traffic in the network.

[maydna]

If the fee is manageable when price of Bitcoin is on that level I will continue playing using Bitcoin, Bitcoin is the most important Cryptocurrency and if I win it's like a win three times because Bitcoin will keep on growing in the market, and besides it's the one I've used eversince I started gambling online and I only use other coins as alternatives when the fees is high and there is traffic in the network.

So far, the fee will be increased following the bitcoin price. We already experience that many times, so perhaps, many of us will delay sending some amount to the gambling sites. To prevent a bitcoin transaction's high fee, we can use other coins as alternatives, and I think after that coin arrived in our account, we can convert it into bitcoin and continue to bet using bitcoin. That will be the way to solve the problem of sending the bitcoin.

Perhaps we can wait for a while until the fee can reduce, so we can still send bitcoin to the gambling site without thinking about the fees.

[yazher]

After so much positive speculation, optimism in markets, accumulation by institutional investors, too many analysts predicting a new ATH for btc, let's say if everything goes good and btc reaches extremely high price, will you still gamble it? Or will you 'be able' to gamble it? Won't the fees distract you from using it in gambling?

Take the poll and share your opinion.

It doesn't really matter though because most of the time we are playing with satoshis no matter how much it will cost. However, we are playing a few numbers if the price is that high maybe we are betting 10 Satoshi per game or a hundred because of its high price. Anyway, people who used to bet for sports games don't really care about it and the only people who are happy with this result are those who get some daily interest from their wallets on some gambling site.

[Alucard1]

The price movement of the bitcoin doesn't affect the way I gamble because I do not use bitcoin in gambling, I usually use USD but when we talk about bitcoin in gambling and it reaches so high then I wouldn't gamble it, it is better to convert it into fiat currency because that is already a huge amount of money for me and there are already many things that I can have with that amount of money.

What I answered is no,

The fees would be higher when its price will increase. I'll probably dump my btc instead of gambling it and just wait for its price to decrease again to start gambling. It is not good enough to spend large fees if it is only for  gambling.

That's right, it is not worth spending a huge amount of money on transaction fees just to gamble, there are many good things you can do with that fees. Better to stop gamble for a while or choose gambling which does not use cryptocurrency.

[Salauddin1994]

How much you will spend on gambling will depend on the investor in major cryptocurrencies is a more risky game for practitioners than investors who may lose part or all of their invested funds but gambling will be more profitable if the value of bitcoin increases. Buying cryptocurrencies directly is still an easy and secure way to secure the maximum cryptocurrency for your dollar. Unfortunately what you will find is that other ways to make more money can actually lose your money positive thinking can lead to higher value of gambling.

[btc78]

Nope ,I rather stop  my habit for a while because once bitcoin price rose up then for sure  all coins will go up also,it is harder to imagine that I will be losing 150k when I can just sell that bitcoin and play and bet using fiat.

That's a lots of money in my part.

If the fee is manageable when price of Bitcoin is on that level I will continue playing using Bitcoin, Bitcoin is the most important Cryptocurrency and if I win it's like a win three times because Bitcoin will keep on growing in the market, and besides it's the one I've used eversince I started gambling online and I only use other coins as alternatives when the fees is high and there is traffic in the network.

I'm  not sure if you can still do that when it happens because for sure you will, value the conversion than continuing to play.
This is advantageous for us to sell first than facing vices .

[Lorence.xD]

If hypothetically the speculation that the price will continue to rise, I think gambling sites will be affected the most because most player will see the value of bitcoin get higher and will regret spending it on gambling. To answer your question, I would do some gambling although the smallest amount will be spent on it, if the transaction fees will get high in relation to increase of the bitcoins price, it will also attract less players to participate in gambling sites.

[TitanGEL]

If hypothetically the speculation that the price will continue to rise, I think gambling sites will be affected the most because most player will see the value of bitcoin get higher and will regret spending it on gambling. To answer your question, I would do some gambling although the smallest amount will be spent on it, if the transaction fees will get high in relation to increase of the bitcoins price, it will also attract less players to participate in gambling sites.

It is really depends on what type of gambler are you, there are some for sure who sill still gamble even if the price of the bitcoin become more expensive like $100,000 and above. Those who are really obsessed will not be stopped ny the current price of the bitcoin but for sure there will some gamblers who will force to not gamble their money anymore because of what you just said and it is the regretting moment. I'm a gambler and if that happen, I think I will withdraw my funds and not gamble it anymore.

[molsewid]

After so much positive speculation, optimism in markets, accumulation by institutional investors, too many analysts predicting a new ATH for btc, let's say if everything goes good and btc reaches extremely high price, will you still gamble it? Or will you 'be able' to gamble it? Won't the fees distract you from using it in gambling?

Take the poll and share your opinion.

If my bitcoin is still on a gambling website and the Bitcoin's price reaches extremely high, I will still gamble it. The reason I deposited that bitcoin amount is for gambling, not for trading. And when I'm depositing an amount of BTC or any crypto-currency, I only put a small amount for gambling. Even if the price is extremely high, this small amount of Bitcoin is not tempting to withdraw.

[ice098]

Why do people assume that people wager with bitcoin without looking at the price of the bitcoin they are playing with? I mean I play with dollar value of it in my mind and it has never changed in the past 7 years I have been gambling.

Set amount in dollar of what amount only to bet in every bet or on that set, bitcoin price is too volatile and it changes every now snd then so it's not advise not to think of dollar when playing. When we base our bet via btc and not thinking of how much it is in dollar we will soon to run out of budget too fast as if no plan of enjoying the game and just feel pressured throughout his playtime.

The safest thing to do was to alot a certain amount of bitcoin that you were going to trade than putting it all down to one basket without any assurance if you will going to win. If ever the value of bitcoin raised to $150k then lets take advantage to this value since bitcoin value were unpredictable and the variation of prices may happen any moment. So definitely i would choose to save first before i gamble bitcoin.

[Kelvinid]

Some users may surely avoid gambling with btc for now because the chances of losing is higher if they gamble and if price rise then they may miss out the opportunity of making that money if just stayed holding it. But they may convert some to other coins and gamble or if holding altcoins already then would be gambling from it. Since transfer fees will also be not much and they might not stay away from gambling as well.

Nothing has make difference, the risk still there, the chance is still the same whether the price of Bitcoin is high or low. Gamblers will still gamble anytime, that price is not the thing that can stop them if they wan to gamble.
What makes some people ( for casula gamblers) aren't gambling today is that because they are taking the opporunity while the value of Bitcoin vs fiat money is high, converting Bitcoin to their local money is really big and it make sense for them.

[safari88]

of course no one can stop me from playing even if the price of it increased to million the only change is my betting amount of course if the price is increasing my betting will be reducing i think that's what would happen.

[panjul07]

As I'm a gambler who wont be affected of what is happening to the bitcoin price, sure I will still gamble it but my limit stays the same in fiat value.
For example, bitcoin price was 15k and my limit per bet is 100k satoshi and now bitcoin price is 150k so my limit per bet will be 10k satoshi.
But if we are focusing on the fee, and if the fee is too high then I wont make any btc deposit.

[Xxmodded]

When bitcoin reach more than $150k maybe many gamble will rethink how to use bitcoin when deposit and withdraw because have higher fee, check with ratio right now bitcoin have $14k we must pay fee transaction for sending take more than 0.000169 with normal transaction or have value about $3, how come if bitcoin cross more than $150k and how much payment have to sent for fee transaction? I will change the way with betting by using altcoin only where still have friendly fee for sending, what for we have pay higher fee when have available with bitcoin still have chance to use for transaction with sending or withdrawing.

[Lanatsa]

It would really affect my betting if the price of the transaction increases along with the price of the bitcoin but I still would not stop myself from playing gambling and there's really a high chance that I would still continue playing gambling games.

Some are hesitant to continue when fees become that high but in your part it seems you don't care.Well its expected for people to do as long they would able to play gambling no matter what.

We do have different financial capacity or level of stashes that we hold that's why some do matter and some wont but overall when bitcoins price do hits up on that level then majority will be still gambling.

Value had increased but doesn't mean that it will lessen or totally stop for people to play just because they do decide to make hold of it? Impossible. Gamblers will be always gamblers
and it doesn't matter of bitcoin will increase its price and as long it can be used then people will surely make deposits.

[smyslov]

I might shift to another coin because the fee will be very much higher than it used to, maybe I will shift to Tron or Eos or Doge right now the fee is ranging from $1 to $5 per $50 worth of deposit it could become $20 or even more if Bitcoin reach that level, the scenario could become very different now because satoshi will be worth a lot by then per byte of satoshis will be worth a lot.

[Janation]

It would really affect my betting if the price of the transaction increases along with the price of the bitcoin but I still would not stop myself from playing gambling and there's really a high chance that I would still continue playing gambling games.

Most of the posts I am seeing is talking about the fees that they will be paying.

But despite all of that, I think most of us would still gamble at the end of the day. I do have a small balance on a certain online casino and I am not sending that out because when I wanted to gamble, I use that so I don't actually have a problem with transaction fees even if the price went up or went down. Still, some would pay that fee since the value of Bitcoin also increased.

[Gotumoot]

Yes but I wouldn't use it anymore right now I am using alt-coin to gamble so what more if the price of Bitcoin goes that high.
I would only use it to trade or hold if it ever gets to that point since there are gambling sites that already accept other crypto on their platform so we are free to use any of them.

[LogitechMouse]

Its a no for me or depends.

If Bitcoin doesn't have a very high transaction fees at that time then I might decide to gamble still using Bitcoin. Whenever I gamble, most of the time I'm depending on the USD amount and not the amount of Bitcoin. After all, I'm not gambling that much so it doesn't matter for me if the price is higher. I will still gamble if I feel that I need to.

[Oneandpure]

Its a no for me or depends.

If Bitcoin doesn't have a very high transaction fees at that time then I might decide to gamble still using Bitcoin. Whenever I gamble, most of the time I'm depending on the USD amount and not the amount of Bitcoin. After all, I'm not gambling that much so it doesn't matter for me if the price is higher. I will still gamble if I feel that I need to.

Depend with how many games give us easy to win I will deposit using bitcoin, but now almost game on betting site difficult and not have chance to win so what for we have deposit bitcoin and give to them. I have try looking which one easy game to win in stake site, I try mines and look easy but always lost when all my fund. I think bot detect when we use small amount and use all in amount when betting because always lost after using big amount. Now better with soccer betting because we know with team condition and only betting with familiar club like primer league, la liga and serie A or ligue 1. I quit from little information club for betting because too risk and less chance to get winner with not know club football.

[bitterguy28]

I have funds in my favorite gambling sites ,Amount that i only use sometimes when i felt like i want to enjoy and to change mood.

i am not an addicted gambler so that amount stays there for long time now yet i can't spend them all.
responsible gambler is what we need to make this attitude in gambling platform,

so I am not affected in case Bitcoin Bully again and Hit that Top 150k value.

[michellee]

Some of us use altcoin to gamble because we don't want to risk losing the bitcoin in the gambling table. We want to sell bitcoin at a high price so that we can make money from bitcoin. If we can make money from bitcoin, we can buy the altcoin with a certain amount, and we can send it to the gambling site and playing the games. By doing that, we don't have worried or feel bad to see the fees of bitcoin because we use the altcoin to gamble.
The other people who have a large amount of bitcoin can still use bitcoin to gamble, but some of them use altcoin to prevent the loss in bitcoin.

But no matter what will happen to bitcoin, as long as we can use crypto to gamble, I think people will still playing gambling because they can find exciting gambling activity. After all, crypto gambling games will grow in the future, inviting more people to try to gamble using crypto.

[pungopete468]

I don't see any problems about still gambling even if it reach $150k it's a leisure and entertainment for me so I don't think I would stop playing gambling games especially sports betting it's been part of my daily routine.

[qory]

Actually I don't gamble to earn all I just want is to bet and play gambling casinos and bet on sports betting sites so I don't see any problem if the Bitcoin's price increased so much all I just want is to use Bitcoin to gamble and satisfy my gambling needs.

[RokokGudangGaram]

I think if the price increased just like what you've said for sure I will going to sell it rather than to take risk it since that price multiplied to my fund for gambling would be really huge and I can make a living to it without working in full year but still i'll leave some amounts for gambling purposes.

[madnessteat]

The only thing that can encourage a gambler to stop gambling using Bitcoin is a huge commission for deposit and withdrawal of funds in the casino.
If a person is used to spend Sunday night playing online roulette, he just instead of Bitcoin will start using a cheaper coin, such as Doge.


So I don't see any problem with that.

[DeathAngel]

You can gamble with bitcoin at any price, just adjust your fiat equivalent amounts than you gamble with & you should have no problem. Obviously if you usually gamble 0.005BTC per week atm, ensure you don’t gamble with that amount when 1BTC = $150,000

[bitcoin31]

Maybe I can spend the rest and the others I will sell it because if I using all the 1 bitcoin yes it is possible to grow but it is chances to lose it all. So for the safety of my money maybe I tried to spend a little percentage of the 1 bitcoin like 10 to 20 percent and I will convert the rest to the fiat but if that only happen in the future because for sure that is a little percent to hit that price per bitcoin.

[Debonaire217]

In gambling, the amount of BTC you have will remain stable if you compare the Bitcoin's value to nothing. We just value BTC because of the fiat conversion of it. With the first uses of bitcoin, they even use it to buy Pizza for 10k BTC. Meaning, no matter how much conversion or market price it has, you can still bet the same amount of Bitcoin. The only thing I expect here is that most gamblers will divide their betting based on the USD value of it. One thing I am worried about is that transaction fees might be unfair if BTC reached 150$ in betting.

[Renampun]

Yes but I wouldn't use it anymore right now I am using alt-coin to gamble so what more if the price of Bitcoin goes that high.
I would only use it to trade or hold if it ever gets to that point since there are gambling sites that already accept other crypto on their platform so we are free to use any of them.

just like you, I will definitely use Altcoins when the price of Bitcoin goes up to $150k...
Crypto gambling sites currently not only accept Bitcoin but also Eth, Litecon, Tron, and Doge. so when the Bitcoin price goes up I will only gamble with other cheaper coins.

[Becky666]

I might shift to another coin because the fee will be very much higher than it used to, maybe I will shift to Tron or Eos or Doge right now the fee is ranging from $1 to $5 per $50 worth of deposit it could become $20 or even more if Bitcoin reach that level, the scenario could become very different now because satoshi will be worth a lot by then per byte of satoshis will be worth a lot.

Yes; that's your right and you have it but, at such high price in Bitcoin 1Bitcoin still will be 1Bitcoin. This question has generated mixed reactions among potential gamblers, all i could see if the price of Bitcoin clock $150k will be gamble oh child becasue it doesn't hurt while making time with hubbies. Personally i gamble solely for entertainment i nothing can stop this even when price hit higher.

[robelneo]

just like you, I will definitely use Altcoins when the price of Bitcoin goes up to $150k...
Crypto gambling sites currently not only accept Bitcoin but also Eth, Litecon, Tron, and Doge. so when the Bitcoin price goes up I will only gamble with other cheaper coins.

There's also a possibility that gambling sites will not accept Bitcoin anymore because of the high fees or some of the gambling sites will stop using Bitcoin there's a possibility that withdrawal fees will incur $ 100 or more, I don't know the scenario if this happens.
Two issues that confront Bitcoin is the fees and the confirmation, if Bitcoin is that high there's a possibility that the network will be congested, we'll cross the bridge when we get there, we'll have to see the scenario when it happens.

[Oilacris]

just like you, I will definitely use Altcoins when the price of Bitcoin goes up to $150k...
Crypto gambling sites currently not only accept Bitcoin but also Eth, Litecon, Tron, and Doge. so when the Bitcoin price goes up I will only gamble with other cheaper coins.

There's also a possibility that gambling sites will not accept Bitcoin anymore because of the high fees or some of the gambling sites will stop using Bitcoin there's a possibility that withdrawal fees will incur $ 100 or more, I don't know the scenario if this happens.
Two issues that confront Bitcoin is the fees and the confirmation, if Bitcoin is that high there's a possibility that the network will be congested, we'll cross the bridge when we get there, we'll have to see the scenario when it happens.

Gambling sites wont accept Bitcoin anymore just because of that main issue? It doesnt really matter if bitcoins price do really made that high
because later on when the network goes back to normal then fees will just eventually lessen so it wont really be that much of a problem.

Congestion isnt really something that do last for too long but for sure this problem would really be always an headache but somehow
there are other alts which can really be used.

Its just too impossible on the thing you had mentioned about being not accepted.

[Lordhermes]

There's also a possibility that gambling sites will not accept Bitcoin anymore because of the high fees or some of the gambling sites will stop using Bitcoin there's a possibility that withdrawal fees will incur $ 100 or more, I don't know the scenario if this happens.
Two issues that confront Bitcoin is the fees and the confirmation, if Bitcoin is that high there's a possibility that the network will be congested, we'll cross the bridge when we get there, we'll have to see the scenario when it happens.

This is the main problem the whole bitcoin network faces, a little high of bitcoin reaching $13800 cause panic across all boards complaining high withdrawal fees, even this affected some p2p exchange, so, if bitcoin could reach that ,then possibly bitcoin will be disabled from some betting company, that's why lots of gaming platform now accepts ripple, litecoin and some other low fee coins.

[wheelz1200]

After so much positive speculation, optimism in markets, accumulation by institutional investors, too many analysts predicting a new ATH for btc, let's say if everything goes good and btc reaches extremely high price, will you still gamble it? Or will you 'be able' to gamble it? Won't the fees distract you from using it in gambling?

Take the poll and share your opinion.

Its all relative if bitcoin is $15k and you bet 1 bitcoin on something when its $150k you would just bet .1btc for the same fiat based bet.  It only helps to have bitcoin increase as the fiat value of your stack will just be higher than it would have been if it stayed at $15k.  Fees aside, if bitcoin reaches $150k it will have to habe the same type fiat valued fees in order to get that high to begin with.

[2double0]

Its all relative if bitcoin is $15k and you bet 1 bitcoin on something when its $150k you would just bet .1btc for the same fiat based bet.  It only helps to have bitcoin increase as the fiat value of your stack will just be higher than it would have been if it stayed at $15k.  Fees aside, if bitcoin reaches $150k it will have to habe the same type fiat valued fees in order to get that high to begin with.

Yeah and with this poll, I meant to know the bet sizes only. Like does some gambler have the dare to gamble the same amounts in btc they did when it was 1/10^th its value 'then' (where then is for the upcoming value in USD)? Some mining pools are taking a big advantage of the fee structure but I am glad that the wallets which used to 'select the best fee' for you on their own, now give us the advantage of choosing the fee ourselves but the network is still locked up to a certain area and is not being brought down, this has caused small gamblers 'who use different websites daily to gamble', a big problem.

[abel1337]

Yeah and with this poll, I meant to know the bet sizes only. Like does some gambler have the dare to gamble the same amounts in btc they did when it was 1/10^th its value 'then' (where then is for the upcoming value in USD)? Some mining pools are taking a big advantage of the fee structure but I am glad that the wallets which used to 'select the best fee' for you on their own, now give us the advantage of choosing the fee ourselves but the network is still locked up to a certain area and is not being brought down, this has caused small gamblers 'who use different websites daily to gamble', a big problem.

For me, I will take profit from it, I will not gamble in that but instead I will pull out my half of my asset, bitcoin @150k is too high to gamble or to lose, the fees will be high when you withdraw yes it will be, but the thing is if the bitcoin price will dump again at a certain price it will be a loss to me as well. I need to take profit and decide for what is best for long term used.

[wheelz1200]

Its all relative if bitcoin is $15k and you bet 1 bitcoin on something when its $150k you would just bet .1btc for the same fiat based bet.  It only helps to have bitcoin increase as the fiat value of your stack will just be higher than it would have been if it stayed at $15k.  Fees aside, if bitcoin reaches $150k it will have to habe the same type fiat valued fees in order to get that high to begin with.

Yeah and with this poll, I meant to know the bet sizes only. Like does some gambler have the dare to gamble the same amounts in btc they did when it was 1/10^th its value 'then' (where then is for the upcoming value in USD)? Some mining pools are taking a big advantage of the fee structure but I am glad that the wallets which used to 'select the best fee' for you on their own, now give us the advantage of choosing the fee ourselves but the network is still locked up to a certain area and is not being brought down, this has caused small gamblers 'who use different websites daily to gamble', a big problem.

Oh I see.  Well I still believe everyone bets with fiat value in mind so the amount of bitcoin people will be willing to bet will just be the same fiat value.  Peoe generally bet the same amounts $50, $100, etc.  They will just adjust how much bitcoin the bet based on btc/fiat conversion rate.

[Ryker1]

Well, I will still continue to gamble, -- I basically started with bitcoins because of gambling then just afterward I began to do tradings. Regardless of how much will be the cost for every transaction in gambling that will not stop me even if the value of bitcoin will reach sky high. Besides if ever that the transaction fee will be higher because of the bitcoin value it will still be compensated if you win and TBH I might also get hurt a little if the result will be the other way around but that is perfectly fine at least I know for a fact that I still enjoyed and was entertained.

[ngesotcoy]

I will sell all BTC at this price, we have lots of usable coins for gambling. Of course, shouldn't use BTC to gamble, I will buy a few low value coins, then continue to use it for my entertainment.