Bitcoin Forum
May 11, 2024, 11:15:39 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 [5]  All
  Print  
Author Topic: Eth Berlin Upgrade and Gambling  (Read 575 times)
lienfaye
Hero Member
*****
Offline Offline

Activity: 2926
Merit: 629



View Profile
April 30, 2021, 06:57:41 AM
 #81

I know most of our crypto casinos and sportsbooks support ethereum deposits, but with the upcoming ethereum Berlin upgrade which is most likely to push transaction fees down, are people going to gamble more knowing that most of us are familiar to the coin and expect lower fees from today?
I dont see any changes in eth transaction fees, berlin upgrade doesnt have an impact that can lessen the burden of fees.

Anyway regardless of the transaction fees, this doesnt hinder the gamblers to play. I know some gamblers using eth regardless of the fee and there are also other altcoins that can be use as an alternative if btc and eth fees are big deal especially for average gamblers.

1715469339
Hero Member
*
Offline Offline

Posts: 1715469339

View Profile Personal Message (Offline)

Ignore
1715469339
Reply with quote  #2

1715469339
Report to moderator
1715469339
Hero Member
*
Offline Offline

Posts: 1715469339

View Profile Personal Message (Offline)

Ignore
1715469339
Reply with quote  #2

1715469339
Report to moderator
No Gods or Kings. Only Bitcoin
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715469339
Hero Member
*
Offline Offline

Posts: 1715469339

View Profile Personal Message (Offline)

Ignore
1715469339
Reply with quote  #2

1715469339
Report to moderator
1715469339
Hero Member
*
Offline Offline

Posts: 1715469339

View Profile Personal Message (Offline)

Ignore
1715469339
Reply with quote  #2

1715469339
Report to moderator
Silberman
Legendary
*
Offline Offline

Activity: 2506
Merit: 1334


View Profile
May 01, 2021, 07:11:45 PM
 #82

A couple of years back, the average fee for an Ethereum transaction was around $0.05. Even if the Berlin hard fork manages to reduce the transaction fee, I am not expecting a very big reduction. At the most, it may come down to $5. Even at this point, making deposits in fiat is far more profitable than doing the same using Ethereum, especially for smaller amounts. So IMO, the Ethereum Berlin update will have only a minimal impact on the gambling sector.
It is such a shame, I really thought that the Berlin upgrade could bring some relief to the ethereum network and many people are complaining this is not the case or at best its impact is minimal, I get that ethereum is at its ATH right now but many people expected for the price of the fees to go down substantially and this is not something that has happened and at this rate it is not something that we should be waiting for as the upgrade seems to be ineffective and will not reach its stated goals.
Pages: « 1 2 3 4 [5]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!