Do you still gamble when the BTC price increases fast? Or do you rather hodl in this case?
It perhaps affect the foundation of a gambler with a second thought of holding instead of risking, if price of bitcoin is moving too fast. But it could also entertain them with such frenzy, be careful though. 
Topic: Do you gamble less when the BTC price is going up so fast? (Read 942 times)
I've noticed that gambling turnover always increases with the price spikes. People feel that they suddenly have more cash to spare.
https://thebitcoinstrip.com/primedice-stats.html
https://thebitcoinstrip.com/primedice-stats.html
Yes of course I do. Im taking advantage on the price as I would able to reach my max goal with a fewer amount of btc. Sometimes lessen my playing time makes myself stop from being greedy.
yup i think all people are holding there Bitcoins because of this price increase only but this is actually good time to sell your coins i don't know how many days it will increase if it fall down suddenly means it's our huge loss so again it will take years to come up so i don't know others but i am selling my coins for better price now.
Yes of course I do. Im taking advantage on the price as I would able to reach my max goal with a fewer amount of btc. Sometimes lessen my playing time makes myself stop from being greedy.
I still gamble regardless if Bitcoin climb up the charts or drops drastically. 1 BTC is 1 BTC, I don't mix my personal money with the money I earned or use for gambling. It's bad luck according to old customs and I don't think there's anything wrong to follow such custom. It's also my way of telling myself when to stop if I don't have enough funds for gambling.
Do you still gamble when the BTC price increases fast? Or do you rather hodl in this case?
I do gamble my bitcoins(dust amount) and take my chances in making some decent profit while the price is increasing. There's no point in holding if you only have small amount in your wallet. Yeah but in general people relate how much they want to gamble in relation to fiat. If BTC was half our value, people would take bets twice as large. And vice versa.
I think most people forget about the exact fiat worth and just look at it as bitcoin and get accordingly. That doesn't mean that people go crazy. Like 0.10 is a nice amount of coin. You would not want to take such a high risk no matter botcoins fiat value.
Yeah but in general people relate how much they want to gamble in relation to fiat. If BTC was half our value, people would take bets twice as large. And vice versa.
Exactly this. In the long run we may play with less BTC but if FIAT value of our bets stayed the same, so I guess nothing is changed.And I don't think it is that important for casinos, if they wish the might convert BTC to FIAT if they expect a market collapse anyway.
Yeah but in general people relate how much they want to gamble in relation to fiat. If BTC was half our value, people would take bets twice as large. And vice versa.
no matter what a gambler always gambled i think it is more attractive to gamble while btc price is to high
winning is so much lovely seeing you win big btc. hehehe good luck bettors the finals is coming almost an
hour more place your bet now guys.
winning is so much lovely seeing you win big btc. hehehe good luck bettors the finals is coming almost an
hour more place your bet now guys.
Lets check our definition of 'gambling.' I think there are a few of us who withdraw some of our btc from gamblng sites in order to trade btc directly on the exchanges. This trading itself can be characterized as another form of gambling, excepting it takes place on an exchange and not at an online casino.
So yes, I think that during times of increased btc volatility, many players trade their coins directly rather than 'gamble' with games in the casino. When the btc volatility settles down, those same players return to the casino sites.
So yes, I think that during times of increased btc volatility, many players trade their coins directly rather than 'gamble' with games in the casino. When the btc volatility settles down, those same players return to the casino sites.
Do you still gamble when the BTC price increases fast? Or do you rather hodl in this case?
yes, i do. im still gambling when btc price rising now, but im lowered the amount im playing, just not want risk big amount for now, and keep hold the rest. 
with the rising price of bitcoin, it does not make me reduce the time to play gambling. but I'm probably more passion to get more when prices are high
Do you still gamble when the BTC price increases fast? Or do you rather hodl in this case?
In case of bitcoin prices rally, like now, i try decreasing the amount of the bets, i don't like to loose higher amounts. I don't see gambling as an investment, i only play for fun.
It is interesting to gamble while BTC price is increasing, it is like you are parlaying all your bets(or adding another leg to your parlay). Every win will be bigger and every loss would cost you more
Do you still gamble when the BTC price increases fast? Or do you rather hodl in this case?
I only risk small amounts (for fun) and 'downsize' when BTC has a huge rally.
Gambling is fun, but needs to be limited, or your life will be a huge mess.
I like to gamble even when price is going up.I never hold in that case but yeah I try to lower my bet amount in terms of BTC .If I had earned that BTC then i don't care about lowering my bet amount but if i buy then i do consider in buying btc to the amount equal to my normal bet.
I prefer holding 80% of my coins and gambling 20% during this phase, at least I am safe having big % under my holdings, so even if I lose in gambling, I may still profit if the price increases by 25%.
yes because bitcoin prices is very high now and i have bad results from my sportsbook several times these week
so i would gamble less but i'm still do sport betting but only for the particular matches
so i would gamble less but i'm still do sport betting but only for the particular matches
For now i don't gamble right now because price of bitcoin still nearly done and i think more price increase will come. i am playing to make profit but i am still experience of loses and never made a profit.. so better to hold my coins right now so that i can make a profit after block halving
Jump to: