Topic: BTC getting too expensive to gamble with - page 13. (Read 9460 times)

Quote from: joebrook on July 03, 2017, 06:00:08 PM

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.

Ever since the price of bitcoins skyrocketed, I don't use bitcoins or other crypto currency to gamble anymore, I used to do that alot and I have realised the error of my ways. I just use coupons I buy with my own money now.

lol nothing has changed significantly by the way it's just about value ,
and it's easy to handled you might know about that too ,
using cryptocurrency always better than fiat where fees is everywhere ,
cryptocurrency gives you everything you need to do transaction online easily without any complicated rules.

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Quote from: hisuka on July 03, 2017, 07:16:11 PM

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.

Ever since the price of bitcoins skyrocketed, I don't use bitcoins or other crypto currency to gamble anymore, I used to do that alot and I have realised the error of my ways. I just use coupons I buy with my own money now.

No doubt bitcoin grow more, but why you are not using bitcoin as a gamble?
I think you should play gambling with bitcoin, because if you win then of course you will win in a bitcoin. But it is my just for asking you, otherwise you know better yourself. Actually, i ever and forever will be played with bitcoin as a gamble.

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Quote from: TechnoMusic on July 03, 2017, 06:39:55 PM

More bitcoin worth more bitcoin casinos will win,also everybody who advertise casinos and it have good high rollers will earn even more money when btc price is goin up what is really good effect of bitcoin growing.

Usually more bitcoin casino's getting more money as many gambler into it. Since bitcoin is becoming expensive to use in gambling it is good if you set a money management on the expenses on the btc you gamble with. Because bitcoin now is expensive, and this is the effect of bitcoin growing as many people uses bitcoin.

The adoption is increasing and big part of the contribution is coming from the gambling industry, if you really are a gambler you will find bitcoin not an expensive one because the convenient you will get is more than the price you have to pay. There are sites like FortuneJack that gives free withdrawal fees to gamblers and that will already give an ease in gambling, and also with the variety of games you can choose, you will not gonna think of the fees you will have to pay when you acquire bitcoin.

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Quote from: TechnoMusic on July 03, 2017, 06:39:55 PM

More bitcoin worth more bitcoin casinos will win,also everybody who advertise casinos and it have good high rollers will earn even more money when btc price is goin up what is really good effect of bitcoin growing.

Usually more bitcoin casino's getting more money as many gambler into it. Since bitcoin is becoming expensive to use in gambling it is good if you set a money management on the expenses on the btc you gamble with. Because bitcoin now is expensive, and this is the effect of bitcoin growing as many people uses bitcoin.

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More bitcoin worth more bitcoin casinos will win,also everybody who advertise casinos and it have good high rollers will earn even more money when btc price is goin up what is really good effect of bitcoin growing.

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Quote from: joebrook on July 03, 2017, 06:00:08 PM

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.

Ever since the price of bitcoins skyrocketed, I don't use bitcoins or other crypto currency to gamble anymore, I used to do that alot and I have realised the error of my ways. I just use coupons I buy with my own money now.

Well what it is just the same you will still risk your money and I like the comment that said whatever it is as long as you have a good money management and able to win its still good even the value of btc now is really expensive.

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Quote from: chris200x9 on June 29, 2017, 01:36:34 AM

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.

Ever since the price of bitcoins skyrocketed, I don't use bitcoins or other crypto currency to gamble anymore, I used to do that alot and I have realised the error of my ways. I just use coupons I buy with my own money now.

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Quote from: EdenHazard on June 28, 2017, 10:51:17 PM

Quote from: EdenHazard on June 26, 2017, 10:40:09 AM

Quote from: chris200x9 on June 29, 2017, 01:36:34 AM

That's exactly why there are a lot of decimal places concerning when you're using bitcoins when you are gambling online. That's just basically it; it's all the same with just different currencies. There are a lot of ways you could safely use different things. Don't worry about the things that you've done you should know what you should do when you are making that choice to do it, better be ready for consequences.

op just too early to make judgement , he might did not think clearly that time.

there is nothing called too expensive to gamble with when bitcoin itself indeed have a lot of the smallest unit and everybody could always accustome it to the amount in dollar or whatever currency you want to convert , it wasn't a valid reason to move to other currency , bitcoin still best as gambling currency.

For me as long as you enjoy playing with crypto's I think you are all good. Whatever unit you can used to play then it will just fine. It you think that bitcoin is too expensive then look for altcoins, otherwise just stay with bitcoin. And by the way, if you are thinking its expensive because of the transaction fee, I think the fee is going down because the spam attack has already stopped and confirmation time should be quick by now.

no you need to adjust bitcoin amount to dollar or whatever rates you used in real world.

unless if you living with bitcoin itself. as some people used gamble for daily needs , not like an investment where you can always use the same amount of bitcoin no matter how much the bitcoin price in the dollar, as you are only want to grow your bitcoin right ? not just to gamble.

It is not easy to grow our bitcoins in gambling. I think many people invest bitcoin in playing gambling to get fun not to increase our bankroll. Suppose if we increase our bitcoins in gambling it is our lucky day that's it.

And the bitcoin price will effect to our betting, yup all gambler will convert their loss with USD, not with bitcoins. So if you have a problem with bitcoin price then place your bet based on USD then there is no issue with bitcoin price am I right.

that is actually what people talking about here repeatedly more than 100 times lol .

to simply adjust the betting amount to fiat or something like that. gambling using bitcoin actually have a lot of benefit rather than the negative ones. remember when the price of bitcoin are only $10? that time when you gamble 100 bitcoin to get 10,000 bitcoin are about staking $1,000 only and guess how much your 10,000 bitcoin right now if you keep holding them? it is 25,630,000 USD , yes 25 million dollar!

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Quote from: EdenHazard on June 28, 2017, 10:51:17 PM

Quote from: EdenHazard on June 26, 2017, 10:40:09 AM

Quote from: EdenHazard on June 28, 2017, 10:51:17 PM

That's exactly why there are a lot of decimal places concerning when you're using bitcoins when you are gambling online. That's just basically it; it's all the same with just different currencies. There are a lot of ways you could safely use different things. Don't worry about the things that you've done you should know what you should do when you are making that choice to do it, better be ready for consequences.

op just too early to make judgement , he might did not think clearly that time.

there is nothing called too expensive to gamble with when bitcoin itself indeed have a lot of the smallest unit and everybody could always accustome it to the amount in dollar or whatever currency you want to convert , it wasn't a valid reason to move to other currency , bitcoin still best as gambling currency.

For me as long as you enjoy playing with crypto's I think you are all good. Whatever unit you can used to play then it will just fine. It you think that bitcoin is too expensive then look for altcoins, otherwise just stay with bitcoin. And by the way, if you are thinking its expensive because of the transaction fee, I think the fee is going down because the spam attack has already stopped and confirmation time should be quick by now.

no you need to adjust bitcoin amount to dollar or whatever rates you used in real world.

unless if you living with bitcoin itself. as some people used gamble for daily needs , not like an investment where you can always use the same amount of bitcoin no matter how much the bitcoin price in the dollar, as you are only want to grow your bitcoin right ? not just to gamble.

It is not easy to grow our bitcoins in gambling. I think many people invest bitcoin in playing gambling to get fun not to increase our bankroll. Suppose if we increase our bitcoins in gambling it is our lucky day that's it.

And the bitcoin price will effect to our betting, yup all gambler will convert their loss with USD, not with bitcoins. So if you have a problem with bitcoin price then place your bet based on USD then there is no issue with bitcoin price am I right.

Growing bitcoins in gambling is not just "not easy" it is quite next to impossible! The chances a gambler will make money in casinos in the long run is so slim that it is slimmer than my Aunt Thelma and she is already dust due to death + cremation. Any gambler has a chance of profiting in the long run, but that would be just below 1% chance to get it.

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Quote from: EdenHazard on June 26, 2017, 10:40:09 AM

That's exactly why there are a lot of decimal places concerning when you're using bitcoins when you are gambling online. That's just basically it; it's all the same with just different currencies. There are a lot of ways you could safely use different things. Don't worry about the things that you've done you should know what you should do when you are making that choice to do it, better be ready for consequences.

op just too early to make judgement , he might did not think clearly that time.

there is nothing called too expensive to gamble with when bitcoin itself indeed have a lot of the smallest unit and everybody could always accustome it to the amount in dollar or whatever currency you want to convert , it wasn't a valid reason to move to other currency , bitcoin still best as gambling currency.

For me as long as you enjoy playing with crypto's I think you are all good. Whatever unit you can used to play then it will just fine. It you think that bitcoin is too expensive then look for altcoins, otherwise just stay with bitcoin. And by the way, if you are thinking its expensive because of the transaction fee, I think the fee is going down because the spam attack has already stopped and confirmation time should be quick by now.

no you need to adjust bitcoin amount to dollar or whatever rates you used in real world.

unless if you living with bitcoin itself. as some people used gamble for daily needs , not like an investment where you can always use the same amount of bitcoin no matter how much the bitcoin price in the dollar, as you are only want to grow your bitcoin right ? not just to gamble.

It is not easy to grow our bitcoins in gambling. I think many people invest bitcoin in playing gambling to get fun not to increase our bankroll. Suppose if we increase our bitcoins in gambling it is our lucky day that's it.

And the bitcoin price will effect to our betting, yup all gambler will convert their loss with USD, not with bitcoins. So if you have a problem with bitcoin price then place your bet based on USD then there is no issue with bitcoin price am I right.

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Quote from: EdenHazard on June 26, 2017, 10:40:09 AM

Quote from: RealPhotoshoper on June 27, 2017, 03:41:17 AM

That's exactly why there are a lot of decimal places concerning when you're using bitcoins when you are gambling online. That's just basically it; it's all the same with just different currencies. There are a lot of ways you could safely use different things. Don't worry about the things that you've done you should know what you should do when you are making that choice to do it, better be ready for consequences.

op just too early to make judgement , he might did not think clearly that time.

there is nothing called too expensive to gamble with when bitcoin itself indeed have a lot of the smallest unit and everybody could always accustome it to the amount in dollar or whatever currency you want to convert , it wasn't a valid reason to move to other currency , bitcoin still best as gambling currency.

For me as long as you enjoy playing with crypto's I think you are all good. Whatever unit you can used to play then it will just fine. It you think that bitcoin is too expensive then look for altcoins, otherwise just stay with bitcoin. And by the way, if you are thinking its expensive because of the transaction fee, I think the fee is going down because the spam attack has already stopped and confirmation time should be quick by now.

no you need to adjust bitcoin amount to dollar or whatever rates you used in real world.

unless if you living with bitcoin itself. as some people used gamble for daily needs , not like an investment where you can always use the same amount of bitcoin no matter how much the bitcoin price in dollar, as you are only want to grow your bitcoin right ? not just to gamble.

freebutcaged

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What does it mean too expensive? if you are talking about fees then it might be a stupid idea to gamble with Bitcoin if you are poor and in need

Of every last penny, however gambling is not for you if you are poor mate, of course it's not profitable at all if you are wasting your life on playing

With a few bucks worth of Bitcoin and jumping from casino to casino thinking that you are going to earn whatever exist in the world. I'm enjoying

As it is depositing 0.1 and after a few hours(minutes) withdrawing 0.2 and paying $5 in total doesn't hurt me at all.

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Quote from: tabas on June 26, 2017, 04:57:49 PM

Quote from: FFrankie on June 25, 2017, 07:07:10 PM

Is not that BTC is getting too expensive to gamble with it is the fact that most casino sites have a minimum bet of 1 mbtc.

It's true but the price of bitcoin is getting higher and other small time gamblers are thinking that it's already expensive even to gamble with 1 mbtc. In that case, that is making them scared to gamble with bigger amount as if they lose that's going to put some fears in their hearts. And also the fees are included with the price increase.

Better to have a bet amount option just like jetwin where you can choose to bet using euro, dollar etc.
But you can still make deposit using bitcoin and also withdraw it in bitcoin .
The limit of 1 mbtc ($2.52) with current rate is of course a little bit high but not if you compared to fiat casino where usually set the limit bet around $5.

Betting limits in fiat casino's are usually pretty varied too, most of the ones I've played in offer a range between $0.1 and $100 dollar per bet.
At least it's still possible to bet whatever amount you like on Bitcoin dice bets, but on most sites with slots etc, they've got pretty high minimum bets in Bitcoin.

Luckily there are still enough Bitcoin/altcoin casino's that allow you to set very low bets regardless if you're betting with Bitcoins or altcoins, Crypto-Games is a good example of that.

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It doesnt matter whether you use cash or digital coins with proper money management rules. You need to set up your gambling plan including money management.

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Quote from: tabas on June 26, 2017, 04:57:49 PM

Quote from: FFrankie on June 25, 2017, 07:07:10 PM

Is not that BTC is getting too expensive to gamble with it is the fact that most casino sites have a minimum bet of 1 mbtc.

It's true but the price of bitcoin is getting higher and other small time gamblers are thinking that it's already expensive even to gamble with 1 mbtc. In that case, that is making them scared to gamble with bigger amount as if they lose that's going to put some fears in their hearts. And also the fees are included with the price increase.

Better to have a bet amount option just like jetwin where you can choose to bet using euro, dollar etc.
But you can still make deposit using bitcoin and also withdraw it in bitcoin .
The limit of 1 mbtc ($2.52) with current rate is of course a little bit high but not if you compared to fiat casino where usually set the limit bet around $5.

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Quote from: Ziskinberg on June 25, 2017, 06:53:09 PM

Quote from: passwordnow on June 25, 2017, 05:43:55 PM

Quote from: cjmoles on June 24, 2017, 06:02:34 PM

Quote from: BtcKing 1 on June 24, 2017, 03:11:10 AM

what do you mean expensive ? you don't have to bet with 1 btc ! just adjust the amount you want to bet with. but if you are looking for altcoins gambling i think you can play dice in exchanges like "yobit,nova....'

Well...I'm not quite sure the dice site on yobit is such a good idea. I've seen some very odd behavior with their dice feature and there's no way to prove their script. In fact, huge portions of your personal betting histories just disappear so you can't even perform a statistical analysis audit of your own performances.

I tried to play dice on yobit and the only good thing there is if you want to enjoy dice for free, just go to their free claims of alt coins. After claiming you can now dice there for free.

Playing it for free is not fun for me because I know I can only claim a little amount and it is going to be a waste of time if I really aim to hit a bigger wins.
Maybe when I was new that was exciting because you do not have to risk anything but as time goes on, I have more to gamble so I also changes my betting minimum, so there's really no poor or rich in gambling, it is that you bet what you can afford to lose.

It's fun if you only intend to gamble for fun, you will claim for free with different alt coins you want. And after that, you can dice with any coin that you wanted and that's a very easy thing. It's like an alternative way if you find btc's price is expensive.

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Quote from: chixka000 on June 26, 2017, 06:34:06 PM

True, and it seems that most of the gambling owners are no adjusting their pay rate yet if they do then it would not be very painful for us gamblers. Tho they still have faucet to get free credits

Earning free bitcoins in the gambling site is not that big compare to the winnings in the gambling site if you are going to win, and of course the rate in the gambling site won't change since the bitcoin price is increasing, so basically the price that they are giving is increasing also. Let's just complain if they are going to decrease the price because of the bitcoin's price increasing.

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Quote from: vella85 on June 26, 2017, 06:16:16 PM

Quote from: TrissMerigold on June 26, 2017, 05:25:17 PM

Used to betting with eth and litecoin on directbet sadly they close their service , probably most biggest and succesful booker out there , truth is no matter it getting expensive because main thing is play with how much you can afford to lose , my tips just deposit as low as 0.001 and make 5-10 match parlay lol if you lucky enough

Same here as I mainly used to bet in LTC or Doge on DirectBet but since they have shut up shop I have gone back to using fiat on Bet365. I never really used Bitcoin to bet with as I want to save it but sometimes I did bet with it if I was confident in the bet. I agree it doesn't really matter about Bitcoin becoming expensive as like you say, play with what you can afford to lose.

You double the fun when you are gambling with bitcoin, you should know that, the risk is getting bigger but that is what we are looking.
Holding bitcoin is a risk already due to price volatility but most of us here are risk takers that's why we end up gambling in the crypto world even some sites are operating without any license. But anyway, the fact that it gives convenience to most gamblers, we will not feel that it is expensive.

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