I can only imagine how this place would be if Bitcoin price was $150k.
We will see a lot of happier people around here if we reach this price- even if we reach price $50k.
But to answer you I will still gamble but just much less then I do now.
Topic: If btc > $150k, will you still gamble it? - page 7. (Read 1744 times)
I will continue to gamble, but I'll spend in terms of USD. Right now I make bets in terms of bitcoin. If bitcoin reach such a price, atleast half of my loss through gambling will get compensated. There is more chances of growth, as more and more People stuck on traditional fiat usage are giving consideration to cryptocurrency and starting to use slowly.
Gambling has turned to be part of life. Without spending few dollars gamblers can't end the day. So, unlike the growth of bitcoin the spending will continue from gamblers. When the price of bitcoin was around $3000 I used to spend in terms of USD. Further with the rise in price started to spend in terms of BTC. If growth goes as in OP once again need to follow the previous way of spending in USD.
Gambling has turned to be part of life. Without spending few dollars gamblers can't end the day. So, unlike the growth of bitcoin the spending will continue from gamblers. When the price of bitcoin was around $3000 I used to spend in terms of USD. Further with the rise in price started to spend in terms of BTC. If growth goes as in OP once again need to follow the previous way of spending in USD.
that price is really high in my opinion I think I would still betting but I would use a converted Bitcoin price to USD mostly my bet is around $30-$100 per bet so I would base my bet base on USD
hero member
Activity: 2856
Merit: 541
Leading Crypto Sports Betting & Casino Platform
I vote: Yes, I don't have any problem gambling btc at a high price. After all, 1 btc is 1 btc, right?
I will still gamble even if bitcoin touches the new ATH because I think if we are still using the crypto gambling site, we can have many options to use for a gamble, and we don't have just to use bitcoin. But I won't try to gamble every day because I only need to play gambling if we have free time. I have other things that I need to do besides playing gambling. The fee is not something that I think about because if I use the altcoin, I don't have to think about the fees.
I will still gamble even if bitcoin touches the new ATH because I think if we are still using the crypto gambling site, we can have many options to use for a gamble, and we don't have just to use bitcoin. But I won't try to gamble every day because I only need to play gambling if we have free time. I have other things that I need to do besides playing gambling. The fee is not something that I think about because if I use the altcoin, I don't have to think about the fees.
After so much positive speculation, optimism in markets, accumulation by institutional investors, too many analysts predicting a new ATH for btc, let's say if everything goes good and btc reaches extremely high price, will you still gamble it? Or will you 'be able' to gamble it? Won't the fees distract you from using it in gambling?
Take the poll and share your opinion.
Take the poll and share your opinion.
First of all,if Bitcoin goes above 150K dollars I would be a very happy person and change my life for the better.I would gamble a really low amount for fun mostly because 150K for me is a great target price in which I will sell everything I have got (I have not much though).I am waiting patiently like many of us for that price target to be real but I believe it still takes time and my most optimistic prediction is 100K by the end of the year 2021.Of course I would be very happy if my prediction come through during this worse year of 2020 which made our lives surely not better.
Fees will be an issues if gambling with BTC, the current BTC price alone makes the fees quite high, and it could be that later the gambling site will increase the withdrawal fee, then the gambler will face 2 unpleasant things when making deposits and withdrawals.
I choose number 3 sell some and still gambling but convert the BTC to altcoin to avoid high fees.
That's probably the best solution, most gambling sites are already accepting altcoins as they have already anticipated that in the long run bitcoin fee could increase that small time gamblers can't afford anymore and that's a big lose to their business, using altcoin like dogecoin, I think is the best way since it's widely accepted in gambling sites and exchanges. I choose number 3 sell some and still gambling but convert the BTC to altcoin to avoid high fees.
Quote
will you still gamble it? Or will you 'be able' to gamble it?
whats the difference of this too ? they sound the same . i dont gamble my btc in any price but i use alternative coins, im lucky because i adopted gambling this way and im free from stress when deciding if btc value pumped up . i dont have a problem either on holding because i know my standards . im not greedy and i sold my btc without needing to wait for 150k usd . i said earlier that i use alts , let say if alts are on this position i will still going to gamble them but the quantity of alt that ill be using will be reduced but not their fiat value . 
Fees will be an issues if gambling with BTC, the current BTC price alone makes the fees quite high, and it could be that later the gambling site will increase the withdrawal fee, then the gambler will face 2 unpleasant things when making deposits and withdrawals.
I choose number 3 sell some and still gambling but convert the BTC to altcoin to avoid high fees.
I choose number 3 sell some and still gambling but convert the BTC to altcoin to avoid high fees.
I take the second option I will sell some and gamble some of it, I don't know my situation when it hit that huge amount, maybe I am hodling when it was at $50 k and it shoot at $150 k, actually I am using a variety of cons when playing it depends on the availability, if the fee is expensive I opted for other coins I have no problem playing with Bitcoin when it was hitting low or high it's just the fee.
If btc will reach $150k, I will still gamble but I will bet only small amount of btc since the value is high. Actually, I’m not addicted person when it comes to gambling so I gamble for entertainment purposes only. If others will play and will bet high amount for sure they will regret of losing btc by that time. It is also not good being greedy so people should gamble moderately.
Yes but I would provably use another cryptocurrency to gamble because Bitcoin is too pricey.
But I could still use Bitcoin but it depends on how much would the withdrawal fee would be and also the transaction fee.
The price of Bitcoin doesn't matter to a gambler what matters to us is the transaction and withdrawal fee.
But I could still use Bitcoin but it depends on how much would the withdrawal fee would be and also the transaction fee.
The price of Bitcoin doesn't matter to a gambler what matters to us is the transaction and withdrawal fee.
i will choose option 3.
Gamble with little money and sell the rest since the price is already very high. I will exchange it first to other altcoin just like doge or XRP or TRX so i can have "bigger" bankroll to prevent long streak losses in a gambling site, whatever the games i gamble.
Gamble with little money and sell the rest since the price is already very high. I will exchange it first to other altcoin just like doge or XRP or TRX so i can have "bigger" bankroll to prevent long streak losses in a gambling site, whatever the games i gamble.
Ones the shot to earn is there, there is no point not taking the shot. Probably with a laser amount and most of all. Even now, there are those who stake high on small odd games so, stepping down the stakes won't be of much difference.
No doubt some persons might hold for a while following the fact that fees might be up but, when the leagues begins, predictions starts coming on your thoughts and before you know it, you've got a reason to stake again. Betting never seizes despite the amount involved so, I doubt I'm ever gonna stop, I might reduce my stakes and bet options but, I don't see myself stoping based on increased Bitcoin price.
No doubt some persons might hold for a while following the fact that fees might be up but, when the leagues begins, predictions starts coming on your thoughts and before you know it, you've got a reason to stake again. Betting never seizes despite the amount involved so, I doubt I'm ever gonna stop, I might reduce my stakes and bet options but, I don't see myself stoping based on increased Bitcoin price.
After so much positive speculation, optimism in markets, accumulation by institutional investors, too many analysts predicting a new ATH for btc, let's say if everything goes good and btc reaches extremely high price, will you still gamble it? Or will you 'be able' to gamble it? Won't the fees distract you from using it in gambling?
Take the poll and share your opinion.
Take the poll and share your opinion.
We dream about that price to reach up but for the question if we play gambling guess the answer of majority is they will still play whatever the price of Bitcoin is since for sure gamblers will still find ways to give a shot on online casinos and provably the bets will be at small fractions. I don't see any barricades of the price to stop the urge of the gamblers and for sure their will be a lot of changes which casino make just to make their site more convenient to their gamblers.
Hope the voters understand what they are voting for.
Many likely voted for this because they see their bets as gambling, even if they are not and this could make certain investors think people here are willing to gamble(or take big risk with their bitcoins) and they will have a rethink.
Bet but don't gamble. Bet responsibly. Your coins should be put into good use instead of gambling with them.
In regards to fee, you think if price goes up that high, fee will be so high and unaffordable to prevent people from transacting with Bitcoin?
Many likely voted for this because they see their bets as gambling, even if they are not and this could make certain investors think people here are willing to gamble(or take big risk with their bitcoins) and they will have a rethink.
Bet but don't gamble. Bet responsibly. Your coins should be put into good use instead of gambling with them.
In regards to fee, you think if price goes up that high, fee will be so high and unaffordable to prevent people from transacting with Bitcoin?
I voted for this: Yes, I don't have any problem gambling btc at high price. After all, 1 btc is 1 btc, right?
So yes, I will continue to gamble and deposit to online casino's and play my favorite slots and bet on my game. And as the sayin' goes, gamblers will be gamblers, so no matter what the price of btc, gambles and online casino's will not ceased.
So yes, I will continue to gamble and deposit to online casino's and play my favorite slots and bet on my game. And as the sayin' goes, gamblers will be gamblers, so no matter what the price of btc, gambles and online casino's will not ceased.
After so much positive speculation, optimism in markets, accumulation by institutional investors, too many analysts predicting a new ATH for btc, let's say if everything goes good and btc reaches extremely high price, will you still gamble it? Or will you 'be able' to gamble it? Won't the fees distract you from using it in gambling?
Take the poll and share your opinion.
Take the poll and share your opinion.
Such a high bitcoin price would be awesome for us incestors. If the volatility remains low in bitcoins I don't see a reason why it should affect the our gambling habits too much. Most of us are used to gamble with satoshis. If bitcoins become so expensive it will just be more of fractions of satoshis we will play with. In the end casinos will adapt and offer more nano gambling.
Casinos are not charging deposit fees, and also they allows you to bet with least possible value like 1 bit(s) then what is stopping most of the people from doing gambling?
What fees you are talking about guys? The withdrawal fee?
Its almost same as transaction fee so you are not going to use bitcoin for everything?
What fees you are talking about guys? The withdrawal fee?
Its almost same as transaction fee so you are not going to use bitcoin for everything?
After so much positive speculation, optimism in markets, accumulation by institutional investors, too many analysts predicting a new ATH for btc, let's say if everything goes good and btc reaches extremely high price, will you still gamble it? Or will you 'be able' to gamble it? Won't the fees distract you from using it in gambling?
Take the poll and share your opinion.
Take the poll and share your opinion.
Voted for this :
Quote
Yes, I don't have any problem gambling btc at high price. After all, 1 btc is 1 btc, right?
As i don't care about the value of Bitcoin because i Believe that 1bitcoin is also 1BTC even how big the value is.
and also in gambling online using crypto it is not about the value of the coin but how you will enjoy and win the games you are playing.
In case I have 1BTC at that time, I will use a small amount of money to play for entertainment purposes. The value is too great, so I will also consider the possibility of not playing and selling all if the transaction fee is too high at that time. You can't just play $1000 and lose $ 1000 in fees, gambling sites will probably have a headache when the price goes over $ 150k.
Jump to: