No gambling today due to bitcoin high transaction fee.

[Huppercase]

Lol...thank goodness we have alternatives in the crypto world, I wonder what would happen if the whole load of crypto fell in the hands of Bitcoin and Ethereum, it would have been devasting and people must have preferred to use their fiats for transactions to have a peace of mind.

Despite the many alternatives today, I still do not believe that the Ethereum network could still have so much congestion, despite the cheap alternatives. I wonder those who are using the ERC20 like you said, I don't look at it twice before moving to the next option. I guess many people are not well-informed about this.

This is more reason why I do argue with people that no matter how we like Bitcoin and see it as the best coin to ever exist, it doesn't mean is the best because a best is close to perfection but look at ordinary transaction a user can't make confidently due to congestion delay in transaction comfirmation especially when you don't have much to pay for transaction fees. The asking fees sometimes can help you get something if you wager that amount in a poker game.

As for the ethereum network, many people claim that the fee is low but I want to see how the network is going to be when it is tested with huge volume especially like the transaction volumes it was having in the last bull run. I think layer 2 scaling has help them reduce their on chain number of transactions too but it will better when it is tested with huge volume of transaction like Ton saw the other day with Dogs tokens.

[jossiel]

As for the ethereum network, many people claim that the fee is low but I want to see how the network is going to be when it is tested with huge volume especially like the transaction volumes it was having in the last bull run. I think layer 2 scaling has help them reduce their on chain number of transactions too but it will better when it is tested with huge volume of transaction like Ton saw the other day with Dogs tokens.

I don't wanna speak about it because for sure when it becomes clogged again, that's something that we'll never like once again.

And the same goes for the other networks like the Tron. I think BNB is quite stable and I haven't paid that much fees with it even with the clogging of the other networks.

I haven't done much transactions with the TON but we will see how it will be tested soon.

[I_Anime]

It seems that high fees will not prevent gamblers from quitting because after all, it is very possible that most gamblers still have a balance on the gambling platform. Thus, gamblers will still be able to place bets without having to think about the costs of withdrawals or deposits made. After all, if they lose then they will not make a withdrawal, and if they win then of course they will still be able to make a withdrawal even though the costs may be greater than before. Because if they win in gambling, then of course they will also be able to cover the withdrawal fees charged when the withdrawal is made, and I think it is not a big problem to make gamblers stop.

Maybe it's for some users who still have bitcoin in their casino account, of course they won't care about that and will continue their gambling activities, especially since the match at UCL is very fun and tense, of course they will continue to gamble happily, but for some other gamblers who don't have a balance in their account maybe they will think twice about depositing using BTC and it's better to use other alternatives to be able to gamble, altcoins will be useful for those who experience this situation, unless the gambler is a whale, they won't care about transaction fees, because their gambling amount is definitely very large.

Exactly there are coins at there with low fees you can actually use in depositing in casinos, because I fully remembered that most casinos have different options of assets to use when it comes to depositing , like TRX, LTC or BNB etc.

Most of my friends usually make use of TRX and LTC . Because there fees are actually low and also fast when it comes to depositing. But one have coin their balance before they can focus on that one first before thinking of depositing.

[Dunamisx]

We cant deny ourself of the gambling experience all because the market is going dip, we are using crypto and should be able to understand the nature of the said digital currencies, when they rises then we are profitable about it and when they fall we should still consider the times whereby they have been rising and we are earning, we cant stop the gambling fun because of the crypto market price at all cost.

[Onyeeze]

It seems that high fees will not prevent gamblers from quitting because after all, it is very possible that most gamblers still have a balance on the gambling platform. Thus, gamblers will still be able to place bets without having to think about the costs of withdrawals or deposits made. After all, if they lose then they will not make a withdrawal, and if they win then of course they will still be able to make a withdrawal even though the costs may be greater than before. Because if they win in gambling, then of course they will also be able to cover the withdrawal fees charged when the withdrawal is made, and I think it is not a big problem to make gamblers stop.

Maybe it's for some users who still have bitcoin in their casino account, of course they won't care about that and will continue their gambling activities, especially since the match at UCL is very fun and tense, of course they will continue to gamble happily, but for some other gamblers who don't have a balance in their account maybe they will think twice about depositing using BTC and it's better to use other alternatives to be able to gamble, altcoins will be useful for those who experience this situation, unless the gambler is a whale, they won't care about transaction fees, because their gambling amount is definitely very large.

Exactly there are coins at there with low fees you can actually use in depositing in casinos, because I fully remembered that most casinos have different options of assets to use when it comes to depositing , like TRX, LTC or BNB etc.

Most of my friends usually make use of TRX and LTC . Because there fees are actually low and also fast when it comes to depositing. But one have coin their balance before they can focus on that one first before thinking of depositing.

You're right, but the thing is that the high fees we are emphasizing on depends on the list of depositing coin in that website, sometimes the coin that maybe listed in the platform you deposit and withdraw for casino platform might not fall into the coins you expected to have a low fee at that moment, I know that litecoin always have low transaction fees even BNB as you categorised as a coin you use to deposit when their is high fees of transaction because the have lower fees compare others, some platforms might not have Litecoin and BNB as options of deposit, and have ethereum and other coins that have high fees,  but a process their is options of litecoin when bitcoin and ethereum fees is high you can use litecoin if you is listed as one of the options,  as I said before that litecoin always have lower fees when others is experiencing high fees.

[LDL]

We cant deny ourself of the gambling experience all because the market is going dip, we are using crypto and should be able to understand the nature of the said digital currencies, when they rises then we are profitable about it and when they fall we should still consider the times whereby they have been rising and we are earning, we cant stop the gambling fun because of the crypto market price at all cost.

Rightly said, those who are always in the habit of betting on gambling basically do not care about the transaction fee, no matter how high it is. A professional gambler is aware of all these issues long in advance and deposits dollars in his gambling balance well in advance so that he does not have any problem even if the transaction fees are high. Moreover, for gamblers who are used to betting thousands of dollars, the transaction fee of 10-20 dollars is not an important issue.

[Weawant]

We cant deny ourself of the gambling experience all because the market is going dip, we are using crypto and should be able to understand the nature of the said digital currencies, when they rises then we are profitable about it and when they fall we should still consider the times whereby they have been rising and we are earning, we cant stop the gambling fun because of the crypto market price at all cost.

We actually can't deny how much impact the market can have on our gambling experience especially for those who gamble with crypto because you may win a certain amount at a time and before withdrawal it's already lower than what you had won initially or maybe for the cases of deposits you may have to spend more than usual at some point to get a certain amount of crypto due to the movement in the market, this can at some point be discouraging though you crypto amount may remain constant during all of these transactions but the value can be dropping due to volatility and price action. I still prefer crypto gambling regardless because if you are winning, you are accumulating crypto and in cases of a Bull, you end up withdrawing more than your initial win which isn't a bad deal at all in the long run, some gamblers may actually consider the market movement and use another means of gambling away from crypto.

[bettercrypto]

We cant deny ourself of the gambling experience all because the market is going dip, we are using crypto and should be able to understand the nature of the said digital currencies, when they rises then we are profitable about it and when they fall we should still consider the times whereby they have been rising and we are earning, we cant stop the gambling fun because of the crypto market price at all cost.

Then I just want to add something to what you mentioned: if a community also believes in Bitcoin in terms of long-term, it is for sure that it will not use bitcoin as an equal in my assessment. Instead, I prefer to use other cryptographic assets to bet.

And most of the time I even use Dogecoin to bet when I play dice games because even a small amount I can bet compared to USDT to bet in my experience. And I can play long-time hours if I used dogecoin as my betting amount in every games.

[ethereumhunter]

When Bitcoin transaction fees are high, many gamblers are reluctant to make deposits when it comes to gambling with Bitcoin, especially for small gamblers because transaction fees are great problem. I have seen many casinos and gambling platforms that include lite coins and Tron platform's TRX and stable coins USDT. I can gamble with any of the mentioned coins as per my convenience when bitcoin transactions increase. So I don't have to face any problem in gambling if the transaction fee of Bitcoin rise up. At the moment Bitcoin's transaction fees for gamblers do not pose any barrier.

If they feel reluctant to use Bitcoin, they can use altcoin which already choose by other gamblers so they can reduce the transaction fees and they can keep playing gambling. But the best thing that they can do is just stop for playing gambling for a while in that moment so they can calm down their will from gambling and use their time to do other things that will benefit them. They can back to casino other time when Bitcoin transaction fees reduces a lot so they can use their Bitcoin to playing gambling and not complaint with the high fees of the transaction. That will also help them from the wanting to send some money to their bank so they can delay for a moment until everything is back to normal.

That’s right! Litecoin really helps some gamblers save on transaction fees. I can remember that I use XRP too because it’s known for low transaction costs, making these two a solid alternative for many.

I just can’t imagine someone being willing to spend so much just to keep gambling. It’s clear that when you’re in the addiction stage, you’ll find a way to keep going. If there are no options, even with high fees, people will still gamble using bitcoin. But for those casual gamblers, though, I’m sure they’re considering their situation and might step back until the fees return to normal.

I also used XRP for some time in the past which I see the transaction costs is low compares to other altcoins. Both coins can be an alternative for the other coins if they wants to keep their coins and just waits for the next increasingly.

When they become addicted to gambling, they will not cares about how much money they will use to playing gambling. They will not think that can make them bankrupt fast than they imagine. That is why we must adapt to the current situation and if we see the situation is not good for us to playing gambling, it is better we cancel and check it in the next days. We can back to the casino anytime we want and we don't have obligation to playing gambling daily especially if we have many things to do.

[bakasabo]

Can you just wait? Take a look on the mempool today. Everything has returned to day before numbers. Same cheap 2-5sat/b transactions. It was only a splash yesterday and I dont see reason to worry that much about fees. Any gambler can either wait for few days or cryptocurrencies and casinos always offer lots of different deposit options. See nothing bad if a gambler would pause his session for few days.

[Negotiation]

We cant deny ourself of the gambling experience all because the market is going dip, we are using crypto and should be able to understand the nature of the said digital currencies, when they rises then we are profitable about it and when they fall we should still consider the times whereby they have been rising and we are earning, we cant stop the gambling fun because of the crypto market price at all cost.

Then I just want to add something to what you mentioned: if a community also believes in Bitcoin in terms of long-term, it is for sure that it will not use bitcoin as an equal in my assessment. Instead, I prefer to use other cryptographic assets to bet.

And most of the time I even use Dogecoin to bet when I play dice games because even a small amount I can bet compared to USDT to bet in my experience. And I can play long-time hours if I used dogecoin as my betting amount in every games.

I agree with you that bitcoin should not be used for betting the risk is high as no one can give an exact guarantee of winning in gambling. Long term investment will give better returns than betting with bitcoins. Betting with Dogecoin and other cryptocurrencies has a lower value and a lower risk of loss if you lose. An implicit gamble is a game in which the players have no control over the outcome, so that the only sustainable interest in the game is the thrill or fear of losing money. Of course, dice games are the best of any game that can be played for money.

[HelliumZ]

Can you just wait? Take a look on the mempool today. Everything has returned to day before numbers. Same cheap 2-5sat/b transactions. It was only a splash yesterday and I dont see reason to worry that much about fees. Any gambler can either wait for few days or cryptocurrencies and casinos always offer lots of different deposit options. See nothing bad if a gambler would pause his session for few days.

As Bitcoin transaction fees increase, gamblers tend to trade in currencies other than Bitcoin. Apart from Bitcoin, litecoin, ripple, Tron, xlm, Matic, etc currencies have very low transaction fees, so those who are aware and experienced gamblers deposit in these currencies except Bitcoin. Moreover, for those who are constantly betting, no matter how much the transaction increases, they are not worried about any transaction fees, but they always deposit more into the gambling account.

[delfastTions]

Can you just wait? Take a look on the mempool today. Everything has returned to day before numbers. Same cheap 2-5sat/b transactions. It was only a splash yesterday and I dont see reason to worry that much about fees. Any gambler can either wait for few days or cryptocurrencies and casinos always offer lots of different deposit options. See nothing bad if a gambler would pause his session for few days.

As Bitcoin transaction fees increase, gamblers tend to trade in currencies other than Bitcoin. Apart from Bitcoin, litecoin, ripple, Tron, xlm, Matic, etc currencies have very low transaction fees, so those who are aware and experienced gamblers deposit in these currencies except Bitcoin. Moreover, for those who are constantly betting, no matter how much the transaction increases, they are not worried about any transaction fees, but they always deposit more into the gambling account.
[/quote
Bitcoin transaction fees will probably increase because the Bitcoin rate itself is quite possible to grow. And if Bitcoin finally gathers its strength and makes 2X, that is, costs more than $100K, then fees in the amount of, for example, 5 sat/vB will already be quite large. Especially if the player makes a lot of transactions, then this will already begin to affect the game of many gamblers who use relatively small amounts in games. In this case, most likely, LTC will be a good alternative.

[freedomgo]

This topic has been around for quite some time, and since Bitcoin fees are no longer high (at the moment), this thread is no longer relevant. Thanks to everyone who replied, but to keep the gambling discussion board clean, I’m locking this thread before the mods step in.