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

[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.