Topic: BTC getting too expensive to gamble with (Read 9436 times)
Its not expensive if you keep on looking at the dollar equivalent, remember that the payouts are also in BTC and yet we don't hear from a gambling owner complaining that running an online casino nowadays is expensive. If you will reach out from your pocket to play in an online casino then yes it is, it will hurt you pocket because of the dollar equivalent today, but if you have ready funds in your account, you will not feel it and don't forget to enjoy the games, we gamble to entertain ourselves, its for fun only.
What other cryptocurrency are you using and which casino are you playing at? BTC is getting to expensive to be depositing and playing in just BTC.
You should not worry about how expensive BTC to be used as betting currency. You can also use litecoin, dogecoin or ethereum for betting in some gambling sites.
But if people want to use or gamble using their btcs, you can't do anything about it. There are a lot of people that don't look at the price of bitcoin when they are gambling, price doesn't matter to them since what they want is to gamble and to win a lot of money. If you think of it they will use more btc if the price is high since the stake is high and the profit will be also high.
You people do realize that Bitcoin is divisible right? You obviously don't have to bet with 1 BTC at a time, otherwise you would need to be a mega whale.
That said, Dogecoin is commonly used by traders, since is very low value and has a low transaction fee. I would even go as far as to argue that gambling is the only utility of Dogecoin right now.
Must be why so many betting platforms cater to dogecoin users despite it having practically no use anywhere else.
Remembering the Satoshi amount can be a pain for gambler,so we need a better alternative coin that solves problems made by Bitcoin. Not all online gambling sites offer Dogecoin but it is definitely better idea to use Doge which has a very low withdrawal fee per transaction. Less than 2 Dogecoin required on the latest online crash game site. That said, Dogecoin is commonly used by traders, since is very low value and has a low transaction fee. I would even go as far as to argue that gambling is the only utility of Dogecoin right now.
Must be why so many betting platforms cater to dogecoin users despite it having practically no use anywhere else.
You people do realize that Bitcoin is divisible right? You obviously don't have to bet with 1 BTC at a time, otherwise you would need to be a mega whale.
That said, Dogecoin is commonly used by traders, since is very low value and has a low transaction fee. I would even go as far as to argue that gambling is the only utility of Dogecoin right now.
Must be why so many betting platforms cater to dogecoin users despite it having practically no use anywhere else.
That said, Dogecoin is commonly used by traders, since is very low value and has a low transaction fee. I would even go as far as to argue that gambling is the only utility of Dogecoin right now.
Must be why so many betting platforms cater to dogecoin users despite it having practically no use anywhere else.
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For people who are visiting the gambling places and that person have a lot of money, he will not think about the price which is increasing today. He will continue to gamble using his money and not stop if the price still increases. But for people who are gamble using limit money, I think that person will have to think about changing to another coin which has a low price, so he doesn't have to use bitcoin to gamble. It is better to save bitcoin from now on because the price will increase higher later, and if we want to gamble, we have another coin to used to placing the bets.
What other cryptocurrency are you using and which casino are you playing at? BTC is getting to expensive to be depositing and playing in just BTC.
You should not worry about how expensive BTC to be used as betting currency. You can also use litecoin, dogecoin or ethereum for betting in some gambling sites.
It all depends on how big the amount is with you are would or will gamble .
If you play with bigger amounts i guess it makes no matters if btc is to expensive .
You always should only invest what you can effort to lose.
If you play with bigger amounts i guess it makes no matters if btc is to expensive .
You always should only invest what you can effort to lose.
It doesn't matter to me if the price of Bitcoin become expensive, when I bet I don't really think about its value. I think betting on Bitcoin when its high is very profitable but maybe be more careful when playing.
The value doesn't matter as you will pay for it and convert with the same value, the thing is it's getting expensive if you will transact nowadays using the blockchain, as bitcoin is on the bull run, network is clogged and fees are high.
For related blockchain transactions the costs are very high. The bigger you make transactions, the greater the costs incurred. To bet using Bitcoin can indeed benefit and can also be a loss if you experience defeat when gambling.
What other cryptocurrency are you using and which casino are you playing at? BTC is getting to expensive to be depositing and playing in just BTC.
when it is expensive the success is also expensive so that we don't say it will be more expensive when the Bitcoin is developing we had better opportunity to gamble with the Bitcoin for quick success so that I using thatPlaying gamble should high risk and willingness to accept the possible consequence. While bitcoin's value is too expensive, we have to be aware on its outcome. Unfortunately, when luck is run out on our way then a huge loses will accrete. But when luck is on our way, an enormous profits will lead us to a great thrive.
when it is expensive the success is also expensive so that we don't say it will be more expensive when the Bitcoin is developing we had better opportunity to gamble with the Bitcoin for quick success so that I using that
I can't connect what you are saying about success and expensiveness. Otherwise I would just say BTC scales, use 10x less if the price rises that much. I was here when BTC was 100 and people thought it was alot then too.
It does not really matter, the fee sometimes matters if you find it expensive but 0.01BTC will remain as 0.01BTC regardless of its dollar price. It doesn't matter to me if the price of Bitcoin become expensive, when I bet I don't really think about its value. I think betting on Bitcoin when its high is very profitable but maybe be more careful when playing.
The value doesn't matter as you will pay for it and convert with the same value, the thing is it's getting expensive if you will transact nowadays using the blockchain, as bitcoin is on the bull run, network is clogged and fees are high.
Also, it does't matter to gamblers.
The price or value might be so high but as long as they are gambling, none of it matters. What matters is that they can still use it to gamble. Some might say that we should not bet using our Bitcoins because it is expensive right now but you can't stop these gamblers to use theirs, they can use it the way they want to.
I dont find a problem sending on the blockchain, it will clear after a few hours. Its just not an instant send unless you pay the larger fees then sure that could be a problem as not all of us are rich enough to just ignore the cost and it can be a larger %
Otherwise I would just say BTC scales, use 10x less if the price rises that much. I was here when BTC was 100 and people thought it was alot then too.
Otherwise I would just say BTC scales, use 10x less if the price rises that much. I was here when BTC was 100 and people thought it was alot then too.
It doesn't matter to me if the price of Bitcoin become expensive, when I bet I don't really think about its value. I think betting on Bitcoin when its high is very profitable but maybe be more careful when playing.
The value doesn't matter as you will pay for it and convert with the same value, the thing is it's getting expensive if you will transact nowadays using the blockchain, as bitcoin is on the bull run, network is clogged and fees are high.
What other cryptocurrency are you using and which casino are you playing at? BTC is getting to expensive to be depositing and playing in just BTC.
Bitcoin is constantly increasing in value and I do not think it is wise to gamble with, especially if your purpose of gambling is to get enjoyment and fun. I would suggest to use Doge coin instead, as it is the cheapest coin and there is hardly any charges for depositing and withdrawing Doge.
Yes, you are right today the price of Bitcoin increase too much high and it is not a good idea to spend Bitcoins in gambling because transaction fee might increase. So it is good to have fun with the Doge because the value of Dogecoin is very low in the market.
And with the current BTC price movement, it is as if you just want to hold your bitcoin and not use it on unnecessary things.
And yes, there are coins that you can use but if you will convert your BTC to other altcoins, then, I'd say, it is the same as spending your BTC also.
But if you have doge reserves, that might come in handy in playing your games in online casinos.
Online casinos should give promos or rewards with their respective players, to keep them, now that BTC is growing stronger.
What other cryptocurrency are you using and which casino are you playing at? BTC is getting to expensive to be depositing and playing in just BTC.
when it is expensive the success is also expensive so that we don't say it will be more expensive when the Bitcoin is developing we had better opportunity to gamble with the Bitcoin for quick success so that I using that 
What other cryptocurrency are you using and which casino are you playing at? BTC is getting to expensive to be depositing and playing in just BTC.
Bitcoin is constantly increasing in value and I do not think it is wise to gamble with, especially if your purpose of gambling is to get enjoyment and fun. I would suggest to use Doge coin instead, as it is the cheapest coin and there is hardly any charges for depositing and withdrawing Doge.
Yes, you are right today the price of Bitcoin increase too much high and it is not a good idea to spend Bitcoins in gambling because transaction fee might increase. So it is good to have fun with the Doge because the value of Dogecoin is very low in the market.
It doesn't matter to me if the price of Bitcoin become expensive, when I bet I don't really think about its value. I think betting on Bitcoin when its high is very profitable but maybe be more careful when playing.
Gambling sites have bits on most of the places so it is not too expensive to be played to be honest and we have better variety to choose while playing with bitcoins like more gambling sites to choose so that more games to play.
Usually I play some alts than btc since btc are more emotional market sometimes it jumps up really hard and jumps down too hard. That's why I didn't try btc. As of now I am using tron based gambling sites especially TRONbet you can try it they have good features and full package site for their costumers.
Based on the risk will be the risk of getting bigger earning as well the increased chance of losing big. At this moment even a small amount lost in terms of bitcoin is valued big as the market keeps progressive. Unlike the market to limit from losing I always prefer to spend in terms of USD in the form of bitcoin and other cryptocurrencies. This seems to be a safer way of gambling.
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