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Topic: BTC getting too expensive to gamble with - page 7. (Read 9436 times)

hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
January 04, 2018, 03:34:38 AM
I totally agree with that. Bitcoin surpassed 15.000$ and it's a bit expensive to gamble with. As a gambler, i used to play with bitcoin but not anymore. I quited online casinos and sports sites and i switched to card games. I do not play much card games so i'm not playing much this current period of time.
Bitcoin raised so fast and became so expensive. I honestly rather stock it instead on wasting it on random gamblings.

Correct,because of the increasing price of bitcoin its really a bad choice to use it in gambling. Instead the best option is using altcoins instead. Its better to keep bitcoins than to waste it on gambling because its more profitable than other coins.
how it could be a bad choice when you won 0.1 bitcoin at $10,000 rates but then in the next few days it increased to $20,000 , it feels like you gamble twice , yes it has a lot more advantage when you gamble use bitcoin with its volatility.

think again about that and you will consider it as a double winning also an investment.

I think people are not ready to lose a big amount of bitcoin than a big amount other coins and this is why they decide to leave the games and move to other games with another coin. bitcoin is getting too expensive for the gambles and I think we still have another coin to place bets. usually, I used dogecoin to place a bet because of this coin still cheap and the time to send to other wallet doesn't take too long and I think I am fine if I only lose 1k doge rather than 0.001 btc right now.
full member
Activity: 210
Merit: 102
January 03, 2018, 07:19:45 PM
As suggested it's good to move towards altcoins to experience the gambling, if you consider bitcoin to be too expensive for gambling. Lots and lots of gambling websites have started to accept altcoins into gambling activities. Many casinos offer gambling with Litecoin and Ethereum. A few casinos also offer gambling with other altcoins like Doge, DASH etc.
legendary
Activity: 2674
Merit: 1048
January 03, 2018, 06:59:40 PM
I totally agree with that. Bitcoin surpassed 15.000$ and it's a bit expensive to gamble with. As a gambler, i used to play with bitcoin but not anymore. I quited online casinos and sports sites and i switched to card games. I do not play much card games so i'm not playing much this current period of time.
Bitcoin raised so fast and became so expensive. I honestly rather stock it instead on wasting it on random gamblings.

Correct,because of the increasing price of bitcoin its really a bad choice to use it in gambling. Instead the best option is using altcoins instead. Its better to keep bitcoins than to waste it on gambling because its more profitable than other coins.
how it could be a bad choice when you won 0.1 bitcoin at $10,000 rates but then in the next few days it increased to $20,000 , it feels like you gamble twice , yes it has a lot more advantage when you gamble use bitcoin with its volatility.

think again about that and you will consider it as a double winning also an investment.
hero member
Activity: 2996
Merit: 609
January 03, 2018, 06:44:30 PM
I totally agree with that. Bitcoin surpassed 15.000$ and it's a bit expensive to gamble with. As a gambler, i used to play with bitcoin but not anymore. I quited online casinos and sports sites and i switched to card games. I do not play much card games so i'm not playing much this current period of time.
Bitcoin raised so fast and became so expensive. I honestly rather stock it instead on wasting it on random gamblings.

Correct,because of the increasing price of bitcoin its really a bad choice to use it in gambling. Instead the best option is using altcoins instead. Its better to keep bitcoins than to waste it on gambling because its more profitable than other coins.
For long term holds then its wise to save up your bitcoin rather than on wasting it on playing gambling and come to think off that isnt wise to make bitcoin deposit hence the price of fees isnt that low as we see as of now which means we will really be forced to used up some alts on playing and luckily most of gambling sites now are offering such options.
full member
Activity: 322
Merit: 105
January 03, 2018, 05:49:22 PM
I totally agree with that. Bitcoin surpassed 15.000$ and it's a bit expensive to gamble with. As a gambler, i used to play with bitcoin but not anymore. I quited online casinos and sports sites and i switched to card games. I do not play much card games so i'm not playing much this current period of time.
Bitcoin raised so fast and became so expensive. I honestly rather stock it instead on wasting it on random gamblings.

Correct,because of the increasing price of bitcoin its really a bad choice to use it in gambling. Instead the best option is using altcoins instead. Its better to keep bitcoins than to waste it on gambling because its more profitable than other coins.
sr. member
Activity: 602
Merit: 250
December 26, 2017, 05:07:07 PM
I agree with the problem of the fees, that is something very annoying, and not only for the ones who are always gambling. It is a real problem for the whole ecosystem.

But it is not soo wrong.

Anyway, i used to play some casinos a few years ago and the minimum deposit was 0.001, and it is still being 0.001! That is very preocupant for those who are always looking to play with less than 18-20 bucks.

Maybe if this get fixed+the fees fixed, it would be very good to play again
sr. member
Activity: 253
Merit: 250
December 26, 2017, 05:03:27 PM
I think it's not the point. Because if you're gambling with 10$ so just gambling with the same amount of 10$ in Bitcoin. Expensive isn't an excuse for a true gambler .

You do realize fees are crazy high right now right?

OP isn't saying Bitcoin gambling is more expensive than real money normally, only to deposit and withdraw the fees are way too high and it doesn't even make sense that's why most casinos are switching over to altcoins.
newbie
Activity: 52
Merit: 0
December 26, 2017, 05:00:49 PM
I think it's not the point. Because if you're gambling with 10$ so just gambling with the same amount of 10$ in Bitcoin. Expensive isn't an excuse for a true gambler .
legendary
Activity: 1148
Merit: 1006
December 26, 2017, 11:30:34 AM
Bitcoin getting too expensive to gamble with it fact and everyone is accepting it. Now bitcoin itself promoting altcoins for its frequent access due to its fees. In future it is going to be revised by bitcoin other wise altcoin going to dominate.

Bitcoin price is not the main concern now but its expensive fee and a long time to confirm the transactions is the biggest concern. Not only for gambling but even to send or receive coins it is too troublesome now. It is best to use some altcoins for both gamblings and for daily needs instead of waiting for days to get our transactions to confirm.

You are right, now the price is not making big matter the confirmation time, and the fee is making people to not use in gambling sites. Winning money in gambling is a big matter now withdrawing our winnings also become a big matter. So playing with altcoins is best no risk fast deposit and quick withdrawal.
legendary
Activity: 3094
Merit: 1127
December 26, 2017, 10:37:43 AM
Bitcoin was never meant to be this expensive. I just don't understand what is going on with these ridiculous fees. I never thought we would get to this point. Fees should be lower.

These gambling sites are going to turn to alternative coins if BTC doesn't resolve its fee issue in a very timely manner!
Why would you say that it's not meant to be this expensive? I think everyone here in this bitcointalk community wants to make the price of bitcoin skyrocket. We want it to be a million dollars and no regret in going back. If you are talking about the fees, it just means that people are willing to pay a higher amount to transact and it's a positive thing. For people that been part of bitcoin in the early times, it wouldn't be much of a hassle but thinking the price of it compared to now, it's a lot.
Relax mate, I think he want to show out is he just want to make bitcoin more rise in value and less in transaction fee and that also what I want but in reality, we cannot judge of what is to be the price and the transaction fee to be happen. Because they already planned it on which is the value of bitcoin rise and transaction fee as well.
This is the thing that we cant really control which those fees and transactions times would really be a major thing not only on gambling industry but also into investment and it main purpose which is peer to peer transactions. Fees would really hurt us up even no matter how we deny it on our minds that its normal but still we cant really deny that its a big hindrance for us to play gambling and also to its rising price.
sr. member
Activity: 504
Merit: 251
★777Coin.com★ Fun BTC Casino!
December 26, 2017, 05:50:31 AM
For me betting in bitcoin is converted back to whatever it would be in fiat I couldn't see me placing 1BTC bets without thinking what the fiat value was.
Just bet what you can afford.
legendary
Activity: 1316
Merit: 1011
December 26, 2017, 04:18:04 AM
Bitcoin getting too expensive to gamble with it fact and everyone is accepting it. Now bitcoin itself promoting altcoins for its frequent access due to its fees. In future it is going to be revised by bitcoin other wise altcoin going to dominate.

Bitcoin price is not the main concern now but its expensive fee and a long time to confirm the transactions is the biggest concern. Not only for gambling but even to send or receive coins it is too troublesome now. It is best to use some altcoins for both gamblings and for daily needs instead of waiting for days to get our transactions to confirm.
full member
Activity: 518
Merit: 106
WWW.BLOCKCHAIN021.COM
December 26, 2017, 04:12:45 AM
Yes, I agree with this topic 'cause BTC are getting expensive to start some gamble for me transfer your BTC at your local money and search for an online or offline casinos that you can start your gamble needs
sr. member
Activity: 574
Merit: 250
December 26, 2017, 02:29:26 AM
Bitcoin was never meant to be this expensive. I just don't understand what is going on with these ridiculous fees. I never thought we would get to this point. Fees should be lower.

These gambling sites are going to turn to alternative coins if BTC doesn't resolve its fee issue in a very timely manner!
Why would you say that it's not meant to be this expensive? I think everyone here in this bitcointalk community wants to make the price of bitcoin skyrocket. We want it to be a million dollars and no regret in going back. If you are talking about the fees, it just means that people are willing to pay a higher amount to transact and it's a positive thing. For people that been part of bitcoin in the early times, it wouldn't be much of a hassle but thinking the price of it compared to now, it's a lot.
Relax mate, I think he want to show out is he just want to make bitcoin more rise in value and less in transaction fee and that also what I want but in reality, we cannot judge of what is to be the price and the transaction fee to be happen. Because they already planned it on which is the value of bitcoin rise and transaction fee as well.
full member
Activity: 210
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
December 26, 2017, 12:32:20 AM
Bitcoin getting too expensive to gamble with it fact and everyone is accepting it. Now bitcoin itself promoting altcoins for its frequent access due to its fees. In future it is going to be revised by bitcoin other wise altcoin going to dominate.
full member
Activity: 2408
Merit: 202
December 25, 2017, 10:32:16 PM
You can check fortunejack, crypto-games and vdice(on my signature), their offered promising altcoin.

I try to play on that sites few days ago, i'm a goog gambler but i enyoy to play using altcoins, but i can't win but anyway i play gambling sometimes for my fast time.
copper member
Activity: 2870
Merit: 1279
https://linktr.ee/crwthopia
December 25, 2017, 09:10:41 PM
Bitcoin was never meant to be this expensive. I just don't understand what is going on with these ridiculous fees. I never thought we would get to this point. Fees should be lower.

These gambling sites are going to turn to alternative coins if BTC doesn't resolve its fee issue in a very timely manner!
Why would you say that it's not meant to be this expensive? I think everyone here in this bitcointalk community wants to make the price of bitcoin skyrocket. We want it to be a million dollars and no regret in going back. If you are talking about the fees, it just means that people are willing to pay a higher amount to transact and it's a positive thing. For people that been part of bitcoin in the early times, it wouldn't be much of a hassle but thinking the price of it compared to now, it's a lot.
sr. member
Activity: 253
Merit: 250
December 25, 2017, 07:57:06 PM
Bitcoin was never meant to be this expensive. I just don't understand what is going on with these ridiculous fees. I never thought we would get to this point. Fees should be lower.

These gambling sites are going to turn to alternative coins if BTC doesn't resolve its fee issue in a very timely manner!
sr. member
Activity: 812
Merit: 251
December 25, 2017, 07:04:26 PM
Or just count how much bitcoins it is 10$ for example before gambling and that's it lol. You won't have to worry about bitcoin's price this way... you must be very stupid to gamble 0.01 if you are worried about bitcoins price.
There was an earlier thought process that if you are gambling with bitcoin never compare the price to fiat value and if you are planning to compare those values then bitcoin gambling is not for you especially when the price against dollar is over ten thousand dollars,Nitrogen does give free withdrawal and i am not sure about rest of the gambling sites,because transaction fees is another factor you have to look into.

Well it's indeed getting higher and higher but i will urge most of these gambling sites to start introducing altcoins like dogecoins or litecoin into their setup so that people can gamble with that because they confirm faster and they have very little transaction fees which are affordable.
hero member
Activity: 1694
Merit: 541
December 25, 2017, 06:26:29 PM
Or just count how much bitcoins it is 10$ for example before gambling and that's it lol. You won't have to worry about bitcoin's price this way... you must be very stupid to gamble 0.01 if you are worried about bitcoins price.
There was an earlier thought process that if you are gambling with bitcoin never compare the price to fiat value and if you are planning to compare those values then bitcoin gambling is not for you especially when the price against dollar is over ten thousand dollars,Nitrogen does give free withdrawal and i am not sure about rest of the gambling sites,because transaction fees is another factor you have to look into.
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