Topic: Eth Berlin Upgrade and Gambling - page 4. (Read 665 times)
As far as I know, the Berlin upgrade will not directly reduce the fees, but it is an important step before the developments that will lead to this. We have to hold on tight until ETH2.0 comes.
And as of today, the transaction fees are about $4, so it won't change anything.
Within the ETH network? That was cheap and gamblers won't mind that.berlin update does help decreasing eth fees .
some gamblers will now bet using eth but for the cheap gamblers the 4 dollar fee is still high and they will need to wait for another decrease in fee but they can continue gambling using small coins .
I know most of our crypto casinos and sportsbooks support ethereum deposits, but with the upcoming ethereum Berlin upgrade which is most likely to push transaction fees down, are people going to gamble more knowing that most of us are familiar to the coin and expect lower fees from today?
There might be some significant decrease of players who do make use of ETH as their main coin on playing gambling but there are still who do stick out on using it inspite of the high fees that we are experiencing and if this Eth Berlin upgrade would do make out some changes in terms of fees then
people would normally be coming back for those who do prefer on using ETH into their gambling habits or activities.Its just good that they do make
out some solution in regards to this manner because lots do make out complaints in regards to this.
And as of today, the transaction fees are about $4, so it won't change anything.
Within the ETH network? That was cheap and gamblers won't mind that.
But I agree, most gambling sites already support lots of coins making ETH not a priority coin, at least, for deposits and withdrawals at these sites.
are people going to gamble more knowing that most of us are familiar to the coin and expect lower fees from today?
By *are people going to gamble more* I believe you are referring to gambling more with eth currency, right?If the transaction prices really decrease, as it was expected before the upgrade, there is a good chance we are going to see more bets made with eth from now on. However, if the gas keeps expensive I don't see any changes going to happen in gamblers' behavior. With so many altcoins options, ethereum must reduce fees to become attractive again for gamblers, and if it isn't able to do this I admit it will be quite frustrating after so much expectation.
are people going to gamble more knowing that most of us are familiar to the coin and expect lower fees from today?
If they can lower the fees as if on TRX/EOS chain, yes, casual gamblers will play more using ETH. But they won't increase their gambling frequency since they can use cheap coins anyway. Lots of casinos now support multiple coins, so gamblers don't really care about ETH IMO.And as of today, the transaction fees are about $4, so it won't change anything.
I know most of our crypto casinos and sportsbooks support ethereum deposits, but with the upcoming ethereum Berlin upgrade which is most likely to push transaction fees down, are people going to gamble more knowing that most of us are familiar to the coin and expect lower fees from today?
Some gamblers are surely concern about the fees but that reason won't stop them from doing gambling. It's been a while now that most people are using other cryptos instead aside from BTC and ETH for deposits and withdrawals.
But anyhow, it's good to see that we might see again those days wherein transacting within the ETH network is cheap, if not, then convenient. Miss those days.
As some posts mentioned above the berlin hard fork was already live but there is not much difference so far, the current gas price is around 80-90+ gwei (as of writing), according to ETH price it's around $4+ USD per transaction. For small players who just gamble with tens of dollars and it's considered as high I guess, no wonder if people still tend to gamble with others altcoin such as ltc, trx, or doge.
Let see if the Berlin hard fork upgrade pushes down the ethereum network transaction fee, then gamblers will find the coin more appealing, let see the general outcome of the Berlin hard forks before we evaluate appropriately whether gamblers will find it as a substitute to other coins to gamble with. If the transaction fees problem in the ethereum network gets solved with the April 15th Berlin upgrade, that will give the coin more adoption in the general cryptocurrency space because of its unique features.
I know most of our crypto casinos and sportsbooks support ethereum deposits, but with the upcoming ethereum Berlin upgrade which is most likely to push transaction fees down, are people going to gamble more knowing that most of us are familiar to the coin and expect lower fees from today?
I really expect the Berlin upgrade to bring a small boost to gambling with ethereum, we know that one of the main purposes of that upgrade is to reduce the fees that people need to pay in order to move their coins from one address to another and while the main intention behind the upgrade is to benefit those that are holding tokens that move over the ethereum network this is going to have the side benefit of reducing the fees of those that like to gamble with ethereum. 
People will still gamble no matter if the transaction fees are not down. Luckily, we are in the crypto world, which we have so many altcoins that we can use to gamble. Even if the next update from ethereum can not solve the transaction fees, people will select the other coins such as trx, doge, eos, and other coins to gamble. They know how to avoid the higher fees in the transaction to choose the coin they like. If the ethereum update can really reduce the transaction fees, maybe people will come back to use ethereum.
I know most of our crypto casinos and sportsbooks support ethereum deposits, but with the upcoming ethereum Berlin upgrade which is most likely to push transaction fees down, are people going to gamble more knowing that most of us are familiar to the coin and expect lower fees from today?
Well fees are a big problem.20$ and up is a lot on eth. Better now to deposit with segwit bitcoin cheaper. Or other alts like litecoin or soThis needs to change with that update. Fees must be a lot lower
I know most of our crypto casinos and sportsbooks support ethereum deposits, but with the upcoming ethereum Berlin upgrade which is most likely to push transaction fees down, are people going to gamble more knowing that most of us are familiar to the coin and expect lower fees from today?
Maybe that would help a bit, but peopel area already practical now, they choose other altcoins that does not charge big fees, and gambling sites understands that, reason they are adding more altcoins deposit option. That would good for the entire ETH ecosystem, and of course it would also help gamblers who bet big time in gambling but majority are trusting more cheaper coins to save fees.
It's just going to be the usual thing even with that update.
Gamblers will remain as what they've been doing and if they want to gamble with Ethereum, they will do it. But if they find it to be worth it to hold and use other alts for their gambling activities then they'll keep it.
But for the gamblers that don't have a choice and they only have ETH, they'll continue no matter what's with the update.
Gamblers will remain as what they've been doing and if they want to gamble with Ethereum, they will do it. But if they find it to be worth it to hold and use other alts for their gambling activities then they'll keep it.
But for the gamblers that don't have a choice and they only have ETH, they'll continue no matter what's with the update.
I know most of our crypto casinos and sportsbooks support ethereum deposits, but with the upcoming ethereum Berlin upgrade which is most likely to push transaction fees down, are people going to gamble more knowing that most of us are familiar to the coin and expect lower fees from today?
If the gamblers didn't mind playing with ETH during the current high fees situation, it's highly unlikely for them to stop using ETH when the fees is low. Instead, you can expect more players to use ETH for gambling activities. Exactly opposite will happen to what you are thinking. Btw, do they have a timeline for Berlin upgrade?
I have so many token which I want to move to exchange but didn't do it due to high fees.
Update: the Berlin hardfork has gone live today!
https://decrypt.co/66569/berlin-hard-fork-live-promises-reduce-sky-high-ethereum-fees
I know most of our crypto casinos and sportsbooks support ethereum deposits, but with the upcoming ethereum Berlin upgrade which is most likely to push transaction fees down, are people going to gamble more knowing that most of us are familiar to the coin and expect lower fees from today?
The Berlin hardfork has already taken place on block #12244000 (https://etherscan.io/block/12244000) and as you can see on https://etherscan.io/gastracker the price of gas as well as the cost of transactions in dollar equivalent has not changed that much.
I don't see what stops people from gambling with the Berlin update, I mean if people want to gamble, it wouldn't really matter because everyday for them in terms is gambling is still the same, it just so happens that Ethereum fees are high so they have to roll with the punches, if you know what I'm saying.
It will still be the same, I think it will remain although there might be slight increase it will surely be like the same as ever, many people now tend to rely on gambling so much that they are willing to lose all just to play their favorite game, whenever it may be casino or sports bets,
But with the ETH berlin upgrade, I am hoping for a faster transaction and a low gas fee on most transactions of all ETH blockchain, regarding what happens most upgrades can have good and bad side effects we just need to wait and think for the best to happen.
But with the ETH berlin upgrade, I am hoping for a faster transaction and a low gas fee on most transactions of all ETH blockchain, regarding what happens most upgrades can have good and bad side effects we just need to wait and think for the best to happen.
I know most of our crypto casinos and sportsbooks support ethereum deposits, but with the upcoming ethereum Berlin upgrade which is most likely to push transaction fees down, are people going to gamble more knowing that most of us are familiar to the coin and expect lower fees from today?
we will see an increase in traffic coming from the eth gamblers after this update because they prolly woke up after a long inactivity in gambling caused by increased in fees . theres no major change in the gambling site that supports multi currency because gamblers already learned using cheaper currencies even before but if there will be massive traffic , that can be found in exchanges because many are now going to sell thier eth and eth based tokens .
I know most of our crypto casinos and sportsbooks support ethereum deposits, but with the upcoming ethereum Berlin upgrade which is most likely to push transaction fees down, are people going to gamble more knowing that most of us are familiar to the coin and expect lower fees from today?
I'm Not sure what does that Ethereum Berlin will brings to the gambling industry but what i know is gamblers continues to gamble even without using Ethereum and even Bitcoin,there are many coins that has been accepted in Other site so why does focusing in this event when there are already existing ways to play without being troubled of this Fees from ETH network?
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