Does crypto market decline affect your gambling? - page 2.

Caladonian

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Quote from: MiXxe on February 28, 2018, 05:44:40 AM

Quote from: PETES on February 28, 2018, 04:14:26 AM

Quote from: Saveplus on February 21, 2018, 08:27:02 AM

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. Grin

If you are only a gambler it is not a big thing for them while if you are an investor or a trader and a gambler you are very much affected with it. In all of this, typically this huge price drop affects allot of traders but not all gamblers. It is definitely depends on how they able to play and use the amount they won.

Reality wise, gamblers will not be affected in any chance because they are aiming to play whatever the price will go, it will maybe affect them in a small
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.

MiXxe

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Quote from: PETES on February 28, 2018, 04:14:26 AM

Quote from: Saveplus on February 21, 2018, 08:27:02 AM

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. Grin

If you are only a gambler it is not a big thing for them while if you are an investor or a trader and a gambler you are very much affected with it. In all of this, typically this huge price drop affects allot of traders but not all gamblers. It is definitely depends on how they able to play and use the amount they won.

PETES

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Quote from: Saveplus on February 21, 2018, 08:27:02 AM

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. Grin

ArnoldChippy

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Quote from: Johnyz on February 25, 2018, 06:33:48 PM

Nope, because I don't gamble using my btc I'd rather go to real casinos. The price are highly volatile and its risky to use bitcoin because of its price right now, better to hold on it. Gambling is a thing that you should not do with your bitcoin because the value of it will increase in the long run so don't waste is just to get some pleasure.

But with the passage of the time people now have changing their gambling, they are not preferring to visit a real casino, but trying to play gambling from their own home. They like to play gambling online which have so many benefits. While playing gambling now you do not need to convert your fiat into dollar or any other fiat currency but can play gambling using bitcoin throughout the world.

Johnyz

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Nope, because I don't gamble using my btc I'd rather go to real casinos. The price are highly volatile and its risky to use bitcoin because of its price right now, better to hold on it. Gambling is a thing that you should not do with your bitcoin because the value of it will increase in the long run so don't waste is just to get some pleasure.

bhadz

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Quote from: xerophore on February 25, 2018, 12:15:01 PM

I just lowered a bit from what i usually play. Effect of current rate on gambling habits isn't very visible for me. It's also a coincidence that i only gamble occasionally.

I did this also, lowering the bets that I used to play higher due to the USD value is going down. But what I like before when the value is quite high, I'm happily gambling with a very tiny amount of bitcoin and I consider it as a big one but now when the bet is too low, its literally low so it did affected my gambling bets. I'm looking forward to see again the high price of bitcoin so that I can back again happily gambling with the lowest bet that I can be.

pixie85

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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.

bitllionaire

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Quote from: xerophore on February 25, 2018, 12:15:01 PM

I just lowered a bit from what i usually play. Effect of current rate on gambling habits isn't very visible for me. It's also a coincidence that i only gamble occasionally.

I personally play gambling regularly and in such condition i also lower my gambling limit through which i control myself from big lost, but now the situation is becoming good, and hope that the very soon the conditions will become normal and will very soon come to normal. We should always adjust our gambling according to the situations.

xerophore

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I just lowered a bit from what i usually play. Effect of current rate on gambling habits isn't very visible for me. It's also a coincidence that i only gamble occasionally.

CodyAlfaridzi

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Quote from: axicron on February 05, 2018, 11:42:05 AM

I guess everyone here noticed some decline (hopefully temporary) of almost all coins people used to gamble with.

Is it affecting your gambling?

Yes definitely. When BTC was making new ATH everyday, I'm holding my Bitcoin so strong that I don't wanna spend any amount of it, including to gambling. I always find another way to gamble, like using traditional online payment system or buying altcoin just for gambling.

Now that it has decline quite a bit, I don't feel the need to hold strong anymore. I spend some of my spare BTC for gambling. I guess I'm living more freely when BTC is down Cheesy

serjent05

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Quote from: Gotottack on February 25, 2018, 04:46:18 AM

Of course yes, how can you gamble with your Bitcoin when you know any minute, its value changes DRASTICALLY. Hence, I only gamble when it kind of establishes a mainstream level and when the price changes are quite settled. Add to the fact that I only gamble when the winning price at stake is much expensive than the 'probable' changes of Bitcoin's price. But you know, it has been extremely difficult to gamble because of sudden insurmountable fluctuations.

I believe you can gamble with it even with the wild fluctuation unless you are using the bitcoin you cannot afford to lose. The golden rule in playing gambling is to use what you can afford to lose so that you won't have regret if you lose them all. So basically, we should not be affected even though the market of Bitcoin keep on declining or even if it is increasing. Since 1 Bitcoin is still 1 Bitcoin no matter what its price is.

mostkey

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Quote from: Gotottack on February 25, 2018, 04:46:18 AM

Of course yes, how can you gamble with your Bitcoin when you know any minute, its value changes DRASTICALLY. Hence, I only gamble when it kind of establishes a mainstream level and when the price changes are quite settled. Add to the fact that I only gamble when the winning price at stake is much expensive than the 'probable' changes of Bitcoin's price. But you know, it has been extremely difficult to gamble because of sudden insurmountable fluctuations.

Well. To overcome that problem, we must get used to gambling using bitcoin, so even though the price is changing drastically. it will not affect our gambling, and keep it quietly without thinking about the changed bitcoin price. because it is used to gamble with a minimum amount of bets in the count of bitcoin and not bitcoin to fiat

Gotottack

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Of course yes, how can you gamble with your Bitcoin when you know any minute, its value changes DRASTICALLY. Hence, I only gamble when it kind of establishes a mainstream level and when the price changes are quite settled. Add to the fact that I only gamble when the winning price at stake is much expensive than the 'probable' changes of Bitcoin's price. But you know, it has been extremely difficult to gamble because of sudden insurmountable fluctuations.

Arkham Knight

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It does. When you just win altcoins that is equivalent to $10k but then a day after, every coins are crashing just like what happened on the first weeks of February. Now, its value is $5k and less than that and now you want to gamble using fiat but its just a bad idea for now.

livingfree

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Quote from: ethereumhunter on February 21, 2018, 06:15:59 AM

Quote from: livingfree on February 21, 2018, 12:15:14 AM

Quote from: Manchumichael on February 14, 2018, 06:13:40 AM

Quote from: livingfree on February 13, 2018, 05:19:36 PM

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.

Previously the fee was too high so I stopped to do BTC transaction and started to play with another coin. The fee actually scared me but now everything is ok It back to normal but the price dropped. now I have enough fund but I will not use to play gambling, I want to save BTC for my future use. I don't like to lose BTC just for my fun. I am ok with playing other cheap coins.

Many considered of stopping when the fees are too high but right now as for https://bitcoinfees.earn.com/ the fees are only 100 sats/byte. I'm not scared with the fee as the only thing I need to do is to stop and wait for the storm to calm and I did a good decision when bitcoin went through a correction the fees were also changed. When I'm still have some other alts on hold I would go with Doge, for me that's the cheapest and easy to gamble with.

choosing altcoin like dogecoin as a bet is a good choice for the gamblers because the dogecoin price is really cheapest and if we buy the coin, we can get the big amount so we can use it for the bets. personally, I don't want to use my bitcoin for just playing gambling because bitcoin for me is too worth and it is better to use for another thing.

It's not only cheap but its also quick when you are transferring it, quick transactions, cheap value and cheap fee. And what's good about using DOGE, most of the casino's are accepting it although there are casino's that are only accepting specific altcoins and others are bitcoin only. This is why there are altcoins that you can use for those people who don't want to use bitcoin, we've got alternative coin instead of using bitcoin when we gamble.

Valdoora

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Quote from: Saveplus on February 21, 2018, 08:27:02 AM

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.

Agree with you. Ups or downs of crypto value have no effect on my gambling activities. Because what I see is number of coins and not values.

Saveplus

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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.

ethereumhunter

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Quote from: livingfree on February 21, 2018, 12:15:14 AM

Quote from: Manchumichael on February 14, 2018, 06:13:40 AM

Quote from: livingfree on February 13, 2018, 05:19:36 PM

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.

Previously the fee was too high so I stopped to do BTC transaction and started to play with another coin. The fee actually scared me but now everything is ok It back to normal but the price dropped. now I have enough fund but I will not use to play gambling, I want to save BTC for my future use. I don't like to lose BTC just for my fun. I am ok with playing other cheap coins.

Many considered of stopping when the fees are too high but right now as for https://bitcoinfees.earn.com/ the fees are only 100 sats/byte. I'm not scared with the fee as the only thing I need to do is to stop and wait for the storm to calm and I did a good decision when bitcoin went through a correction the fees were also changed. When I'm still have some other alts on hold I would go with Doge, for me that's the cheapest and easy to gamble with.

choosing altcoin like dogecoin as a bet is a good choice for the gamblers because the dogecoin price is really cheapest and if we buy the coin, we can get the big amount so we can use it for the bets. personally, I don't want to use my bitcoin for just playing gambling because bitcoin for me is too worth and it is better to use for another thing.

musharaf

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Yes the decline in crypto market will also affect the gambling because through this the market activities also affected like if the rate of the crypto fall which is using for gambling the value of your present money also changed so the rate affects gambling and when the crypto activities are large in numbers then the prices are also changes with it some of the people are totally using bitcoin for gambling and they are trying to be successful in this.

livingfree

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Quote from: Manchumichael on February 14, 2018, 06:13:40 AM

Quote from: livingfree on February 13, 2018, 05:19:36 PM

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.

Previously the fee was too high so I stopped to do BTC transaction and started to play with another coin. The fee actually scared me but now everything is ok It back to normal but the price dropped. now I have enough fund but I will not use to play gambling, I want to save BTC for my future use. I don't like to lose BTC just for my fun. I am ok with playing other cheap coins.

Many considered of stopping when the fees are too high but right now as for https://bitcoinfees.earn.com/ the fees are only 100 sats/byte. I'm not scared with the fee as the only thing I need to do is to stop and wait for the storm to calm and I did a good decision when bitcoin went through a correction the fees were also changed. When I'm still have some other alts on hold I would go with Doge, for me that's the cheapest and easy to gamble with.

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