Of course, it does. How can you gamble when you know that the price of Bitcoin now is lesser than you bought it for? Gambling it may give me chances of recovering a good percentage of my investment but likewise, it gives me chances of losing more money. Just that in the latter case, the loss is not just paper loss but already an actual one. Hence, I am putting myself in a riskier position than I already am.
When crypto market is down, I try not to gamble so as to avoid incurring more losses due to actual losses and price devaluation. I would never want to lose so much just because of my own carelessness.
Topic: Does crypto market decline affect your gambling? (Read 669 times)
It affects some people, especially people who are holding bitcoin for the long term. On the other hand, some people do complain about the drop of the price because they believe it affects their gambling. However, I do not see how it really affects it. Perhaps the gambling site sets high bets if the price is high and vice versa. And if that is the case, then it really affects them.
It's back on depends of each people., sometimes some people are have intend to gamble just for fun only or indifferently using the coins to bets. And some other people are so very considered about the price movement of the coins which's used, and not arbitrarily decide to gamble, that's hope the coins which's used., would be going to be increased in a certain time.
Well for me personally., it just have a little affect to me on whenever I bets in a gambling, sometimes I got more excited if see about the rising and greener of the price movements.
Well for me personally., it just have a little affect to me on whenever I bets in a gambling, sometimes I got more excited if see about the rising and greener of the price movements.
When I am in a gambling site, I don't think about the =dollar value of my bankroll, instead I think of it as it is ( bitcoin ). I don't want to worry too much about it since I got it as bitcoin, why would I care about its dollar value? Besides, my salary in fiat value isn't included in my budget for gambling and would never be.
Maybe you would worry about it if you are converting your dollar to bitcoin then gamble it.
Maybe you would worry about it if you are converting your dollar to bitcoin then gamble it.
Yes now a days the people are willing to use crypto and bitcoin is very important part of our lives so if you have crypto then you can use this for gambling and the crypto users are using this currency for gambling so when the price fall in the market the gambling also affected and with this the users are using this currency for gambling and other uses.
That was the problem back when the prices went as high as almost $20,000. People don't want to gamble with bitcoins as it is extremely expensive and the fees are so high as well at the time. Now that the price is relatively stable and that transaction fees are pretty low, I'd expect everything will go back to normal and people will start gambling with bitcoins again.
Yes now a days the people are willing to use crypto and bitcoin is very important part of our lives so if you have crypto then you can use this for gambling and the crypto users are using this currency for gambling so when the price fall in the market the gambling also affected and with this the users are using this currency for gambling and other uses.
I guess everyone here noticed some decline (hopefully temporary) of almost all coins people used to gamble with. 
Is it affecting your gambling?
Basically this makes no difference when the price is at the highest position. But yeah, this is a bit of a good impact for me. I won a little more than usual with I toss with the dollar at the time the price goes back up I get more money from this fall. Is it affecting your gambling?I am sure you understand what I mean, transaction costs are very cheap with this decline.
The price drop affects my gambling activities. When bitcoin prices are in declining condition, I will increase my bet amount and vice versa. I have to adjust to the target I want to achieve.
I guess everyone here noticed some decline (hopefully temporary) of almost all coins people used to gamble with. Is it affecting your gambling?
very influential many also see that there appears to be an institutional game that is trying to push the price of crypto down. Is it affecting your gambling?
Gambling may affect the crypto currency value but I do not think that price changes may attack the crypto gambling. Actually if number of people reduces using gambling such betting or slot roll that is good for the people and they can also able to save some money.
If you do not want to crypto currency fluctuate, you should hold it as much you can then keep avoid cashing out or utilizing the bitcoins on the shit places like gambling websites or elsewhere.
If you do not want to crypto currency fluctuate, you should hold it as much you can then keep avoid cashing out or utilizing the bitcoins on the shit places like gambling websites or elsewhere.
No it is not affecting me at all. I don't always check the price of Bitcoin and I don't adjust my bets depending on the value in USD. It's especially easy since i'm playing with the money that I earn with my signature campaign so I'm always getting the same amount of coins and I know that I can always burn the same amount if needed.
I am also not affected by price decline of BTC. I do not consider my bitcoin investment very much different from fiat money that I have in banks. One can easily switch them in hours through the exchange. Also, these days I do not play that much and thus this decline mas minimal effect on my gambling activities.
Approximately 50 of the largest cryptoes on the market showed a large drop in value. But within a few hours, it recovered. While Bitcoin, and some altcoins such as Ethereum, Dash, and 10 other altcoins in the global market have even gone back up. for the crypto gamblers it had a huge impact on their bets
Only those who gamble with cryptos are affected on this thing specially with bitcoin. The price drop is hurting their habit, they should place more coins to meet their desire value which is not good for them. Well, in the first place its really risky to gamble but they still playing then let them feel this thing.
Approximately 50 of the largest cryptoes on the market showed a large drop in value. But within a few hours, it recovered. While Bitcoin, and some altcoins such as Ethereum, Dash, and 10 other altcoins in the global market have even gone back up. for the crypto gamblers it had a huge impact on their bets
Only those who gamble with cryptos are affected on this thing specially with bitcoin. The price drop is hurting their habit, they should place more coins to meet their desire value which is not good for them. Well, in the first place its really risky to gamble but they still playing then let them feel this thing.
Everyone has been affected when the market has declined. When I'm out of funds during that time, I care about the fees as the value of bitcoin is increasing too. But now that the market has dropped and fees went down too, I don't care about the fees anymore.
The fees didn't go down because the price fell it is because of few insiders who deployed sort of lighting network and that's the main reason for increase in speed of transactions and decrease in price Approximately 50 of the largest cryptoes on the market showed a large drop in value. But within a few hours, it recovered. While Bitcoin, and some altcoins such as Ethereum, Dash, and 10 other altcoins in the global market have even gone back up. for the crypto gamblers it had a huge impact on their bets
Only those who gamble with cryptos are affected on this thing specially with bitcoin. The price drop is hurting their habit, they should place more coins to meet their desire value which is not good for them. Well, in the first place its really risky to gamble but they still playing then let them feel this thing.
I guess everyone here noticed some decline (hopefully temporary) of almost all coins people used to gamble with. Is it affecting your gambling?
When I gamble I did not used my coins to play that is why It doesn't bother to me and never been gambling in an online site, I used to gamble outside of my hometown and I used our own paper money. Is it affecting your gambling?I'm completely opposite to you. Because I never gambled with fiat money until now and only gambled with cryptos. I no need to provide any documents or need to go through with a verification process to play with cryptos. But I usually set some fixed amount like $100 or $50 worth of coins to play each time so crypto prices not much impact.
Approximately 50 of the largest cryptoes on the market showed a large drop in value. But within a few hours, it recovered. While Bitcoin, and some altcoins such as Ethereum, Dash, and 10 other altcoins in the global market have even gone back up. for the crypto gamblers it had a huge impact on their bets
I guess everyone here noticed some decline (hopefully temporary) of almost all coins people used to gamble with. Is it affecting your gambling?
Basically this makes no difference when the price is at the highest position. But yeah, this is a bit of a good impact for me. I won a little more than usual with I toss with the dollar at the time the price goes back up I get more money from this fall. Is it affecting your gambling?I am sure you understand what I mean, transaction costs are very cheap with this decline.
I guess everyone here noticed some decline (hopefully temporary) of almost all coins people used to gamble with. Is it affecting your gambling?
When I gamble I did not used my coins to play that is why It doesn't bother to me and never been gambling in an online site, I used to gamble outside of my hometown and I used our own paper money. Is it affecting your gambling?I guess everyone here noticed some decline (hopefully temporary) of almost all coins people used to gamble with. Is it affecting your gambling?
When I gamble I did not used my coins to play that is why It doesn't bother to me and never been gambling in an online site, I used to gamble outside of my hometown and I used our own paper money. Is it affecting your gambling?No it does not matter affecting our playing gambling even the value of bitcoin was decreasing because my purpose is to entertain myself and not to earn.Remember that having a profit with gambling is based on our luck.
How come you that the price don't bother you in any way? I mean bitcoin price isn't a joke and it's a lot nowadays and with this I better just not to gamble while the price is dump or I'll just use alts if ever I want to gamble badly.
Well I must say you're a gambler in the blood.
way as if the value rises high the value of amount that they can purchase crypto using fiat will be much lesser unlike now where the value falls down
then they can buy more and enjoy much longer.
Another thing is that you're not gambling in dollar format. Its in sats. It's not like you're calculating the fiat equivalent of every satoshi you'll spend right? Of course there are some who will be conscious but if you've been a long time btc gambler, the current value would mean less.
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