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Author Topic: How's your gambling experience right now?  (Read 653 times)
uneng
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May 10, 2023, 05:53:50 PM
 #121

In the meantime, I've chosen not to gamble for now, although there is an option to use altcoins to continue gambling, but that doesn't seem like a wise move to me. Also, with the drop in altcoin prices right now, it means I have to use more and more, so that will reduce the amount I have.
Well, you can still gamble with altcoins using the same amount of fiat you were using before. The difference is that now you will acquire more coins with the same amount of fiat you were used to use before. The bright side is that when you receive your weekly payment from signature campaign, you will receive more coins, so it compensates the extra coins you have to use for now from your currently portfolio, if that is the case.

And if you are worried about the market's volatility during these days, you can exchange your altcoins back to fiat, as soon as your gambling's session ends on the same day.

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jostorres
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May 10, 2023, 07:09:30 PM
 #122

In this case, altcoins provide convenience for those who gamble because users can choose coins with transaction fees that are not too large. Yes, I also chose to use LTC or stablecoins to bet later after checking the bitcoin transaction fees.
We may have no choice but to use altcoins, as even high transaction fees for bitcoin transactions don't guarantee quick confirmation. Fortunately, we have many options available, and gambling sites have already prepared to address this issue by adding more payment methods. The gambling sites I use have a variety of altcoin options, so gambling isn't really a problem nowadays, unless you're using funds from your bitcoin wallet.
This is a situation where people who hold multiple cryptocurrencies will be on the positive side since they won't need to make Bitcoin transactions paying such high fees, and those who might have Bitcoins at exchanges and they can pretty easily convert them to another cryptocurrency and use that to deposit into their gambling accounts.

Almost every single gambling platform these days have multiple deposit and withdrawal options, so one shouldn't have any issues if they already have altcoins since they can easily deposit them and continue their gambling activities.

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stomachgrowls
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May 10, 2023, 08:23:10 PM
 #123

In this case, altcoins provide convenience for those who gamble because users can choose coins with transaction fees that are not too large. Yes, I also chose to use LTC or stablecoins to bet later after checking the bitcoin transaction fees.
We may have no choice but to use altcoins, as even high transaction fees for bitcoin transactions don't guarantee quick confirmation. Fortunately, we have many options available, and gambling sites have already prepared to address this issue by adding more payment methods. The gambling sites I use have a variety of altcoin options, so gambling isn't really a problem nowadays, unless you're using funds from your bitcoin wallet.
This is a situation where people who hold multiple cryptocurrencies will be on the positive side since they won't need to make Bitcoin transactions paying such high fees, and those who might have Bitcoins at exchanges and they can pretty easily convert them to another cryptocurrency and use that to deposit into their gambling accounts.

Almost every single gambling platform these days have multiple deposit and withdrawal options, so one shouldn't have any issues if they already have altcoins since they can easily deposit them and continue their gambling activities.
For those people who had been holding several altcoins into their wallets specially doge or even XRP or even those common listed on gambling casinos would really be having the advantage because they would really be able to play at ease or having no problems about fees just because they could easily switch up on those coins to be deposited without  minding about those huge transaction fees as of this moment.

But if you are that some sort of whale or huge wagerer on which $20 almost fee on Bitcoin wont really be that much of a problem but for those people who do only have small amounts to gamble then
pretty sure that this kind of situation would really be putting us some on doubt or hesitance on doing such  transaction which its never been that good to have that huge slice because of fees.

Right now, ive been using DOGE on my gambling activity on which it didnt really cut out that kind of leisure seeking thing but if you do really get used to on using up BTC
then you would really be having that feeling on being not that contented. You know what i mean.

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Quidat
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May 10, 2023, 09:00:10 PM
 #124

In this case, altcoins provide convenience for those who gamble because users can choose coins with transaction fees that are not too large. Yes, I also chose to use LTC or stablecoins to bet later after checking the bitcoin transaction fees.
We may have no choice but to use altcoins, as even high transaction fees for bitcoin transactions don't guarantee quick confirmation. Fortunately, we have many options available, and gambling sites have already prepared to address this issue by adding more payment methods. The gambling sites I use have a variety of altcoin options, so gambling isn't really a problem nowadays, unless you're using funds from your bitcoin wallet.
This is a situation where people who hold multiple cryptocurrencies will be on the positive side since they won't need to make Bitcoin transactions paying such high fees, and those who might have Bitcoins at exchanges and they can pretty easily convert them to another cryptocurrency and use that to deposit into their gambling accounts.

Almost every single gambling platform these days have multiple deposit and withdrawal options, so one shouldn't have any issues if they already have altcoins since they can easily deposit them and continue their gambling activities.
For those people who had been holding several altcoins into their wallets specially doge or even XRP or even those common listed on gambling casinos would really be having the advantage because they would really be able to play at ease or having no problems about fees just because they could easily switch up on those coins to be deposited without  minding about those huge transaction fees as of this moment.

But if you are that some sort of whale or huge wagerer on which $20 almost fee on Bitcoin wont really be that much of a problem but for those people who do only have small amounts to gamble then
pretty sure that this kind of situation would really be putting us some on doubt or hesitance on doing such  transaction which its never been that good to have that huge slice because of fees.

Right now, ive been using DOGE on my gambling activity on which it didnt really cut out that kind of leisure seeking thing but if you do really get used to on using up BTC
then you would really be having that feeling on being not that contented. You know what i mean.
Transasctions fees are slowly been going to normalize now and lets just give up some ample time before anything would come back to normal.

https://bitcoinfees.earn.com/
https://privacypros.io/tools/bitcoin-fee-estimator/

Sitting around 60 sats/byte as of this writing.
If you are still that hesitant on using or spending up fees 2-3 bucks on fees then you could still always have the option to wait
but of course you would be needing to sit and relax but we know that casinos now does have lots of deposit/withdrawal options which its
never been that a huge issue nowadays if ever there would be sudden influx of fees.

coin-investor
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May 10, 2023, 09:09:02 PM
 #125


Transasctions fees are slowly been going to normalize now and lets just give up some ample time before anything would come back to normal.

https://bitcoinfees.earn.com/
https://privacypros.io/tools/bitcoin-fee-estimator/

Sitting around 60 sats/byte as of this writing.

I'm hoping that it will go lower before the weekend for us to transact normally again, it's unbearable to accept the fee eats up a big portion of your transaction, I have a friend who loses a lot because of his urgent needs he only has Bitcoin and he needs money very urgent, sometimes in this kind of situation altcoins is a big help so its better to always include altcoins in your portfolio when this situation arises.
I'm sure because of this situation many gamblers opted to play with altcoins and delay their withdrawal until the network congestion eases up.

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wiss19
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May 11, 2023, 08:18:01 AM
 #126

This is why it's important to have more than one asset all the time. Those who have funds in their casino accounts and those who have other cryptocurrencies apart from Bitcoin are not going to face any issues in such a situation. You could easily deposit a different asset to your gambling account and played with that.

I personally don't gamble much, so I can definitely wait for all this to become normal before I gamble if I ever wanted to. Others will obviously use the method that I mentioned above, using different cryptocurrencies for their gambling deposits and withdrawals.
Not everyone is a fan of using other crypto but the truth is that your advice is simply the best but its rather limited as some gambling platform are strictly based on bitcoin as a deposit coin and if you are one of those using these casino it will definitely affect you when trying to deposit. But aside from that making deposit with other crypto to your gambling casino is probably an effective measure towards tackling this high price hike.
Well, there can be a few platforms that only allow Bitcoin deposits and withdrawals, but I think most of the platforms these days allow depositing and withdrawing multiple cryptocurrencies and fiats too, so someone can even buy credits to gamble with a credit or debit card if they are not having any other cryptocurrency at the moment.

And if someone uses a platform that only allows Bitcoin deposits and withdrawals and they don't want to use any other platform, they should simply wait for the fees to get normal then as that seems to be the only viable solution unless they want to spend a lot of money on fees.

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tusandii
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May 11, 2023, 08:53:56 AM
 #127


Transasctions fees are slowly been going to normalize now and lets just give up some ample time before anything would come back to normal.

https://bitcoinfees.earn.com/
https://privacypros.io/tools/bitcoin-fee-estimator/

Sitting around 60 sats/byte as of this writing.

I'm hoping that it will go lower before the weekend for us to transact normally again, it's unbearable to accept the fee eats up a big portion of your transaction, I have a friend who loses a lot because of his urgent needs he only has Bitcoin and he needs money very urgent, sometimes in this kind of situation altcoins is a big help so its better to always include altcoins in your portfolio when this situation arises.
I'm sure because of this situation many gamblers opted to play with altcoins and delay their withdrawal until the network congestion eases up.
Yes, hopefully our hopes can actually be achieved where Bitcoin transaction fees will soon be lower like some time ago.
Two days ago I made a Bitcoin withdrawal transaction with an amount that was not too much but the fee was very unreasonable because I had to pay twice the fee when withdrawing it from the gambling site and the second withdrawal from the Crypto exchange that I used.
My concern is not about fees but about transaction processing time which is getting slower if this situation continues.
I don't know what to do, but we can only hope that everything will return to normal soon and there are no problems with fees or transaction processing time on Bitcoin.

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maydna
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May 11, 2023, 09:33:18 AM
 #128

In the meantime, I've chosen not to gamble for now, although there is an option to use altcoins to continue gambling, but that doesn't seem like a wise move to me. Also, with the drop in altcoin prices right now, it means I have to use more and more, so that will reduce the amount I have.
Well, you can still gamble with altcoins using the same amount of fiat you were using before. The difference is that now you will acquire more coins with the same amount of fiat you were used to use before. The bright side is that when you receive your weekly payment from signature campaign, you will receive more coins, so it compensates the extra coins you have to use for now from your currently portfolio, if that is the case.

And if you are worried about the market's volatility during these days, you can exchange your altcoins back to fiat, as soon as your gambling's session ends on the same day.
I could gamble using the same amount of fiat using the altcoin but for the amount of coins, it would be more than when altcoin prices were at high prices. And of course it will reduce the number of my coins if I decide to use an altcoin where if the price of the coin goes up, the profit I get is not as big as if I still hold it. That's why I still refrain from gambling at times like these because, with bitcoin transaction fees still high, it would be unwise for me to decide still to gamble. Maybe next week or maybe next month, the transaction fees can decrease, or at least after this commotion ends.

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arwin100
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May 11, 2023, 09:56:36 AM
 #129


Transasctions fees are slowly been going to normalize now and lets just give up some ample time before anything would come back to normal.

https://bitcoinfees.earn.com/
https://privacypros.io/tools/bitcoin-fee-estimator/

Sitting around 60 sats/byte as of this writing.

I'm hoping that it will go lower before the weekend for us to transact normally again, it's unbearable to accept the fee eats up a big portion of your transaction, I have a friend who loses a lot because of his urgent needs he only has Bitcoin and he needs money very urgent, sometimes in this kind of situation altcoins is a big help so its better to always include altcoins in your portfolio when this situation arises.
I'm sure because of this situation many gamblers opted to play with altcoins and delay their withdrawal until the network congestion eases up.
Yes, hopefully our hopes can actually be achieved where Bitcoin transaction fees will soon be lower like some time ago.
Two days ago I made a Bitcoin withdrawal transaction with an amount that was not too much but the fee was very unreasonable because I had to pay twice the fee when withdrawing it from the gambling site and the second withdrawal from the Crypto exchange that I used.
My concern is not about fees but about transaction processing time which is getting slower if this situation continues.
I don't know what to do, but we can only hope that everything will return to normal soon and there are no problems with fees or transaction processing time on Bitcoin.

To many hopeful bitcoin users want to see bitcoin goes back to normal since its really a huge barricade for us to transact while we experiencing this kind of delays and 2 of my transaction still stuck since network still in bad shape. Hopefully we can see all of this issues solve so that transaction using bitcoin will be easy for us since not good in terms of our investment if we pay huge fees for each transactions we made. For now the only solution we can do is to transact using alts since this alternative is working fine at the moment.

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May 11, 2023, 11:37:43 AM
 #130

To many hopeful bitcoin users want to see bitcoin goes back to normal since its really a huge barricade for us to transact while we experiencing this kind of delays and 2 of my transaction still stuck since network still in bad shape. Hopefully we can see all of this issues solve so that transaction using bitcoin will be easy for us since not good in terms of our investment if we pay huge fees for each transactions we made. For now the only solution we can do is to transact using alts since this alternative is working fine at the moment.
I just do my transactions as early as possible these recent days. When I see that my balance is starting to get lower every bet then I am already making my transactions a day before. Set the fees at a low cost even if it will take 6-12 hours then I won't be stressed by this traffic that had been happening in the Bitcoin chain. Then, I will just try to push my transactions to the free broadcasting sites.

That's all the solution I could see for now especially those who are used to betting with Bitcoin instead of other cryptocurrencies. I can't choose Ethereum either, their damn fees are also high and I don't want to spend some time exchanging to BNB either as I am a bit lazy doing that.  Cheesy
Then, I will just try to push my transactions to the free broadcasting sites.
As for withdrawals, I was afraid Stake.com will change their fees, the good part is they are using a pool.

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benalexis12
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May 11, 2023, 02:42:05 PM
 #131


Transasctions fees are slowly been going to normalize now and lets just give up some ample time before anything would come back to normal.

https://bitcoinfees.earn.com/
https://privacypros.io/tools/bitcoin-fee-estimator/

Sitting around 60 sats/byte as of this writing.

I'm hoping that it will go lower before the weekend for us to transact normally again, it's unbearable to accept the fee eats up a big portion of your transaction, I have a friend who loses a lot because of his urgent needs he only has Bitcoin and he needs money very urgent, sometimes in this kind of situation altcoins is a big help so its better to always include altcoins in your portfolio when this situation arises.
I'm sure because of this situation many gamblers opted to play with altcoins and delay their withdrawal until the network congestion eases up.

This is what hurts our bangs, it's the kind of thing we need but we have no choice but to accept the fees that will be deducted from us because we use bitcoin and there are no other altcoins.
Even if we don't want to, but we can't because it's our family that will be affected if we don't do it. But now it's down somehow, I hope the bitcoin developers will do it this way so that everyone can be happy again.

Coin_trader (OP)
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May 11, 2023, 03:24:09 PM
 #132


Transasctions fees are slowly been going to normalize now and lets just give up some ample time before anything would come back to normal.

https://bitcoinfees.earn.com/
https://privacypros.io/tools/bitcoin-fee-estimator/

Sitting around 60 sats/byte as of this writing.

I'm hoping that it will go lower before the weekend for us to transact normally again, it's unbearable to accept the fee eats up a big portion of your transaction, I have a friend who loses a lot because of his urgent needs he only has Bitcoin and he needs money very urgent, sometimes in this kind of situation altcoins is a big help so its better to always include altcoins in your portfolio when this situation arises.
I'm sure because of this situation many gamblers opted to play with altcoins and delay their withdrawal until the network congestion eases up.

This is what hurts our bangs, it's the kind of thing we need but we have no choice but to accept the fees that will be deducted from us because we use bitcoin and there are no other altcoins.
Even if we don't want to, but we can't because it's our family that will be affected if we don't do it. But now it's down somehow, I hope the bitcoin developers will do it this way so that everyone can be happy again.

The current transaction fee is only worth 1.98$ for the high priority in contrary to the fees when I open this thread. The current is already acceptable for gambler like me since we use fee a little bit above the purging level to have a discount on the fee.

For those not aware that transaction fee is already back to normal. Please refer to the mempool.space or the image below for the actual fees as of this post written.



I will lock now the thread because the fees is already back to normal. The thread doesn’t serve its purpose already and I might open this again once high transaction fee persist. Thanks to all who contributed for the discussion.

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