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

[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.

[1715324724]

1715324724

[1715324724]

1715324724

[1715324724]

1715324724

[1715324724]

1715324724

[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.