If the gambling sites depend on the value of the cryptocurrency then, it has a big impact on gamblers. But, I think that gambling sites use cryptocurrency which is not converted to USD since we all know that market is very volatile it can go up and down.
I think that much more on the personality. Remember that some gamblers used USD of fiat money to bet but others may used crypto to bet in the betting platform. You can't deny the fact that if gamblers itself who will be determining which value that will be used to gamble whether it will peg with fiar or crypto. In this case the site can't be blamed once crypto gamblers loosing their money 
Topic: Does bitcoin dump have any impact on gamblers ? - page 3. (Read 3186 times)
Trading and Gambling is totally different things. when someone start gambling must of the gamblers use there fiat money for gamble on the real offline casino. But then they comes on online casino then they buy btc or others currency instant by fiat money and deposit there money on Casino platform. So i don’t think if btc price dump it can impact on gamblers
someone who is a heavy gambler will definitely not mind the price of bitcoin even if it drops because in his mind only how to multiply his money, it is very different from traders who think bitcoin only based on fiat value. so in my opinion, the falling bitcoin price has no impact on the decisions that a gambler will take.
Trading and Gambling is totally different things. when someone start gambling must of the gamblers use there fiat money for gamble on the real offline casino. But then they comes on online casino then they buy btc or others currency instant by fiat money and deposit there money on Casino platform. So i don’t think if btc price dump it can impact on gamblers
If we use the crypto that is in our wallet to gamble, it will have an impact on the gambler if the market dumps. But because I always separate
the funds for gambling, and in contrast to the funds for investment/trading, so I feel the decline in the crypto market has no impact when
gambling for me. Because what is in my wallet is not meant to be used for gambling, so when going to gamble I will usually buy BTC or altcoins
instantly as you said. Therefore, if Bitcoin to fall to the price of $10k, I will still gamble and will not reduce the capital I allocated for gambling.
Seems like most gamblers do what I do too, then we can check that the number of people gambling does not decrease significantly when
Bitcoin dumps.
Trading and Gambling is totally different things. when someone start gambling must of the gamblers use there fiat money for gamble on the real offline casino. But then they comes on online casino then they buy btc or others currency instant by fiat money and deposit there money on Casino platform. So i don’t think if btc price dump it can impact on gamblers
I think that you misunderstood about that. It's not about trading or gambling. The fact that some gamblers may still leave their cryto in their accounts, that means if there would be a huge dump that happened with crypto and these gamblers who are still storing their crypto in their gambling accounts will be affected due to the volatility in the crypto market. It's very easy to understand that if this is not about the comparison between gambling and trading. You must know the differences. This is about possible thing for dump to affect gamblers.
someone who is a heavy gambler will definitely not mind the price of bitcoin even if it drops because in his mind only how to multiply his money, it is very different from traders who think bitcoin only based on fiat value. so in my opinion, the falling bitcoin price has no impact on the decisions that a gambler will take.
Only if that gambler is desperate on taking back his losses. But someone who's still aware of the market situation won't allow himself to do it. The discipline might be gone but when he's eager to have that investment he's holding, the price will make him remember to have a limitation.But in some circumstances, you're right that a heavy gambler won't think about the price of bitcoin when he's too emotional.
Some might be that mindful about market movement and would really be that keen on using some of their coins but since mostly been using btc then we do cherish it much when it comes to its value.
I could say that it wont really be giving much impact since gamblers are prepared on what they would potentially lost whenever they do touch up gambling space.
someone who is a heavy gambler will definitely not mind the price of bitcoin even if it drops because in his mind only how to multiply his money, it is very different from traders who think bitcoin only based on fiat value. so in my opinion, the falling bitcoin price has no impact on the decisions that a gambler will take.
Only if that gambler is desperate on taking back his losses. But someone who's still aware of the market situation won't allow himself to do it. The discipline might be gone but when he's eager to have that investment he's holding, the price will make him remember to have a limitation.But in some circumstances, you're right that a heavy gambler won't think about the price of bitcoin when he's too emotional.
Trading and Gambling is totally different things. when someone start gambling must of the gamblers use there fiat money for gamble on the real offline casino. But then they comes on online casino then they buy btc or others currency instant by fiat money and deposit there money on Casino platform. So i don’t think if btc price dump it can impact on gamblers
someone who is a heavy gambler will definitely not mind the price of bitcoin even if it drops because in his mind only how to multiply his money, it is very different from traders who think bitcoin only based on fiat value. so in my opinion, the falling bitcoin price has no impact on the decisions that a gambler will take.Why wouldn't they mind considering that they are big investor, it is not as if they don't mind if bitcoin reduce the value of their USD when there is a dump but it is painful when there is a pump and you don't have your deposit in bitcoin, you will always have bitcoin with more value. This is why it is very important to purchase your bitcoin when the price is low and use them to bet when you need them and not when the price is already at an all-time high.
Trading and Gambling is totally different things. when someone start gambling must of the gamblers use there fiat money for gamble on the real offline casino. But then they comes on online casino then they buy btc or others currency instant by fiat money and deposit there money on Casino platform. So i don’t think if btc price dump it can impact on gamblers
someone who is a heavy gambler will definitely not mind the price of bitcoin even if it drops because in his mind only how to multiply his money, it is very different from traders who think bitcoin only based on fiat value. so in my opinion, the falling bitcoin price has no impact on the decisions that a gambler will take. Not really necessary to bet on stablecoins just to think that spending top coins is kind of a waste. Remember that in some gambling sites, there's a feature where bettors can place a bet on its Fiat value to still control the bet on their preferred fiat currency value while using cryptos.
But either way, I think that's not really a big deal for gamblers. If that so, we should see a declined in numbers of gamblers during the bear market but still, the crypto-gambling is alive and kicking regardless of the market trend.
It's because gambling is gambling and crypto-gamblers will just gamble for their usual purposes. Simple as that.
But either way, I think that's not really a big deal for gamblers. If that so, we should see a declined in numbers of gamblers during the bear market but still, the crypto-gambling is alive and kicking regardless of the market trend.
It's because gambling is gambling and crypto-gamblers will just gamble for their usual purposes. Simple as that.
some gambling sites also give you the choice of whether to use stablecoins or use the gambling coins themselves. But most gamblers choose to use gambling coins because they provide many bonuses and price fluctuations that will be profitable if the market starts to go bullish.
crypto gamblers also aim for profit, so instead of using stablecoins with constant fluctuations, it is better to use real coins from gambling, so that when betting and winning the coins will increase and the value will also increase when the coin price goes up.
So I think its best to either bet with stablecoins or not trade back and forth if the market isnt looking good.
Not really necessary to bet on stablecoins just to think that spending top coins is kind of a waste. Remember that in some gambling sites, there's a feature where bettors can place a bet on its Fiat value to still control the bet on their preferred fiat currency value while using cryptos.
But either way, I think that's not really a big deal for gamblers. If that so, we should see a declined in numbers of gamblers during the bear market but still, the crypto-gambling is alive and kicking regardless of the market trend.
It's because gambling is gambling and crypto-gamblers will just gamble for their usual purposes. Simple as that.
I think that the bitcoin dump, if it has an impact on gambling players, is only positive, since it becomes more accessible for purchase and therefore the number of players using bitcoin in online casinos may grow.
But this is only if you have not bought bitcoin before on the pump, here of course there may be a temptation to win back, bearing in mind how much you spent on this fiat, and here you can already lose too carried away.
But this is only if you have not bought bitcoin before on the pump, here of course there may be a temptation to win back, bearing in mind how much you spent on this fiat, and here you can already lose too carried away.
Trading and Gambling is totally different things. when someone start gambling must of the gamblers use there fiat money for gamble on the real offline casino. But then they comes on online casino then they buy btc or others currency instant by fiat money and deposit there money on Casino platform. So i don’t think if btc price dump it can impact on gamblers
Gamblers around the world use crypto and bitcoin to play the bets. Do they really care if the bitcoin prices dump hard? I know traders are directly impacted by this dump, and investors are also in panic but what about gamblers. Their motive is to play gamble and they may not be a concerned if the price of bitcoin is declining sharply?
It seems to me that a gambler has nothing to do with his bitcoin market rise. If he is betting by converting to dollars then I think his assets are sometimes dumping the market There will be no effect. But this is completely opposite when you consider the case of an investor and trader. Their investment depends entirely on market conditions. If the gambling sites depend on the value of the cryptocurrency then, it has a big impact on gamblers. But, I think that gambling sites use cryptocurrency which is not converted to USD since we all know that market is very volatile it can go up and down.
If the gambler is betting with cryptocurrency that dumps and pumps like Ethereum then obviously I think that his gamblers nature will make him feel as if he is in a bad trade. At that point he might trade his coin for a stablecoin. But thats a mistake that people make without knowing whether or not their crypto will go up or down again. An if it goes up instead of down the gambler will have made a loss on his holdings.
So I think its best to either bet with stablecoins or not trade back and forth if the market isnt looking good.
Gamblers around the world use crypto and bitcoin to play the bets. Do they really care if the bitcoin prices dump hard? I know traders are directly impacted by this dump, and investors are also in panic but what about gamblers. Their motive is to play gamble and they may not be a concerned if the price of bitcoin is declining sharply?
Actually if you are a gambler the value of crypto to you is like doesn't affect much you very because in gambling you can win more like 2x or 3x, And imagine you win that and weeks later the value pumps there's nothing wholesome with that right ?You are right indeed, gambler are focus more on their gains and not in the value of the bitcoin. And also just to add there are game streamers right now who play gambling the most famous one is XQZ.
They will continue to gamble and spend more money just to satisfy their desire to gamble.
But we must not follow their way because it will only make us lose.
Maybe we should pause for a moment if the market goes down because that means if we keep using bitcoin to gamble, we should use more satoshi and I don't think that's a good decision.
yes, I think the most likely outcome is that gamblers will ignore market conditions
but you are right, for those who care about crypto as an investment that is not the wisest decision.
each decision has its tradeoffs.
Trading and gambling are two different things and I think traders are more affected by dumps because they focus on the value of crypto while gamblers just bet and enjoy playing regardless of the market situation. As for me, the market condition and the value of crypto don't affect gamblers that focus more on playing and gambling unless they're reinvesting and trading their earned profits later on.
The trader is more affected by the bitcoin price fluctuations as they have running trades and they make money on this bitcoin pump and dump. Future trading is one example where people either lose money or gain money if they are correctly able to predict the bitcoin's next movement.
Gamblers do not care much about the bitcoin dump as their winning and losing do not depend upon the bitcoin price movement. However, their portfolio and savings will decrease in a dump if calculated in dollar value.
Gamblers around the world use crypto and bitcoin to play the bets. Do they really care if the bitcoin prices dump hard? I know traders are directly impacted by this dump, and investors are also in panic but what about gamblers. Their motive is to play gamble and they may not be a concerned if the price of bitcoin is declining sharply?
Actually if you are a gambler the value of crypto to you is like doesn't affect much you very because in gambling you can win more like 2x or 3x, And imagine you win that and weeks later the value pumps there's nothing wholesome with that right ?You are right indeed, gambler are focus more on their gains and not in the value of the bitcoin. And also just to add there are game streamers right now who play gambling the most famous one is XQZ.
They will continue to gamble and spend more money just to satisfy their desire to gamble.
But we must not follow their way because it will only make us lose.
Maybe we should pause for a moment if the market goes down because that means if we keep using bitcoin to gamble, we should use more satoshi and I don't think that's a good decision.
yes, I think the most likely outcome is that gamblers will ignore market conditions
but you are right, for those who care about crypto as an investment that is not the wisest decision.
each decision has its tradeoffs.
Trading and gambling are two different things and I think traders are more affected by dumps because they focus on the value of crypto while gamblers just bet and enjoy playing regardless of the market situation. As for me, the market condition and the value of crypto don't affect gamblers that focus more on playing and gambling unless they're reinvesting and trading their earned profits later on.
Gamblers around the world use crypto and bitcoin to play the bets. Do they really care if the bitcoin prices dump hard? I know traders are directly impacted by this dump, and investors are also in panic but what about gamblers. Their motive is to play gamble and they may not be a concerned if the price of bitcoin is declining sharply?
Actually if you are a gambler the value of crypto to you is like doesn't affect much you very because in gambling you can win more like 2x or 3x, And imagine you win that and weeks later the value pumps there's nothing wholesome with that right ?You are right indeed, gambler are focus more on their gains and not in the value of the bitcoin. And also just to add there are game streamers right now who play gambling the most famous one is XQZ.
They will continue to gamble and spend more money just to satisfy their desire to gamble.
But we must not follow their way because it will only make us lose.
Maybe we should pause for a moment if the market goes down because that means if we keep using bitcoin to gamble, we should use more satoshi and I don't think that's a good decision.
yes, I think the most likely outcome is that gamblers will ignore market conditions
but you are right, for those who care about crypto as an investment that is not the most wise decision.
each decision has its tradeoffs.
Gamblers around the world use crypto and bitcoin to play the bets. Do they really care if the bitcoin prices dump hard? I know traders are directly impacted by this dump, and investors are also in panic but what about gamblers. Their motive is to play gamble and they may not be a concerned if the price of bitcoin is declining sharply?
It seems to me that a gambler has nothing to do with his bitcoin market rise. If he is betting by converting to dollars then I think his assets are sometimes dumping the market There will be no effect. But this is completely opposite when you consider the case of an investor and trader. Their investment depends entirely on market conditions. If the gambling sites depend on the value of the cryptocurrency then, it has a big impact on gamblers. But, I think that gambling sites use cryptocurrency which is not converted to USD since we all know that market is very volatile it can go up and down.
Gamblers around the world use crypto and bitcoin to play the bets. Do they really care if the bitcoin prices dump hard? I know traders are directly impacted by this dump, and investors are also in panic but what about gamblers. Their motive is to play gamble and they may not be a concerned if the price of bitcoin is declining sharply?
It seems to me that a gambler has nothing to do with his bitcoin market rise. If he is betting by converting to dollars then I think his assets are sometimes dumping the market There will be no effect. But this is completely opposite when you consider the case of an investor and trader. Their investment depends entirely on market conditions. 
Gamblers around the world use crypto and bitcoin to play the bets. Do they really care if the bitcoin prices dump hard? I know traders are directly impacted by this dump, and investors are also in panic but what about gamblers. Their motive is to play gamble and they may not be a concerned if the price of bitcoin is declining sharply?
It seems to me that a gambler has nothing to do with his bitcoin market rise. If he is betting by converting to dollars then I think his assets are sometimes dumping the market There will be no effect. But this is completely opposite when you consider the case of an investor and trader. Their investment depends entirely on market conditions. If the gambling sites depend on the value of the cryptocurrency then, it has a big impact on gamblers. But, I think that gambling sites use cryptocurrency which is not converted to USD since we all know that market is very volatile it can go up and down.
Gamblers around the world use crypto and bitcoin to play the bets. Do they really care if the bitcoin prices dump hard? I know traders are directly impacted by this dump, and investors are also in panic but what about gamblers. Their motive is to play gamble and they may not be a concerned if the price of bitcoin is declining sharply?
It seems to me that a gambler has nothing to do with his bitcoin market rise. If he is betting by converting to dollars then I think his assets are sometimes dumping the market There will be no effect. But this is completely opposite when you consider the case of an investor and trader. Their investment depends entirely on market conditions. Jump to: