No gambling today due to bitcoin high transaction fee. - page 10.

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Quote from: freedomgo on April 20, 2024, 08:36:50 AM

This high fee is probably due to the 4th halving that was completed. I haven't seen this type of transaction fee this hight.

If you look at https://mempool.emzy.de/, the current transaction fee is over $50 but in the past few hours it was over $100... So if you are a gambler who doesn't gamble that much like your range is only $10 to $100, it's impossible you will choose to gamble today with that very high fees.

This is only for gamblers who use bitcoin as the payment method, how is going today? Who among us here can still afford to gamble?

This current high price in the cost of Bitcoin transaction fee is one phenomenon that can never be manipulated at this moment, hence, it's better for any individual who wishes to deposit some crypto into his/her casino account to send either Stable or altcoins, since it's fees are still reasonably okay as compared to Bitcoin with fee around $50 to $100. Because the truth is that this high fee is not going to remain forever, it's just for the moment, and as such it's good we make wise decision rather than spending too much on fees.

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Quote from: freedomgo on April 20, 2024, 08:36:50 AM

This is only for gamblers who use bitcoin as the payment method, how is going today? Who among us here can still afford to gamble?

People who want to gamble will still do.wether high transaction fee of bitcoin or not. But I think there are other payments options apart from bitcoin. If crypto gambling site will be so expensive to use due to high transaction fee, there is a possibility that most people will like to play gamble with sites that accepts fiat instead of crypto currency.

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Quote from: Nrcewker on April 20, 2024, 10:06:18 PM

Nevertheless it also become a reason for the addicts to stop gambling. Let’s see when the prices come back to normal.

The addicts don't really care much about the fees because they spend then thousands of dollars worth of Bitcoin in gambling and pay transaction fees of $100 wouldn't bother them too much.

Most of those addicts know that they can also choose alternative coins for depositing and thus they might go with alt coins when the Bitcoin network is congested.

But, I'm very sure that even the high fees aren't much high for the addicts who spend thousands of dollars on betting each week.

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Quote from: Nrcewker on April 20, 2024, 10:06:18 PM

If you don’t have balance in the platform where you used to gamble, then yes you are forced to use other coins in order to gamble. The fees were really insane after the halving. Network is damn congested. The actual reason for this congestion is still unknown, but many people assuming the halving made this traffic. Nevertheless it also become a reason for the addicts to stop gambling. Let’s see when the prices come back to normal.

I don't think it will cause those gambling addicts to stop in doing this activity because even if there's a high amount of transaction fee, they still do it no matter what happens, they didn't control theirselves but I hope it can minimize their time in participating in gambling for the mean time.

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If you don’t have balance in the platform where you used to gamble, then yes you are forced to use other coins in order to gamble. The fees were really insane after the halving. Network is damn congested. The actual reason for this congestion is still unknown, but many people assuming the halving made this traffic. Nevertheless it also become a reason for the addicts to stop gambling. Let’s see when the prices come back to normal.

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Quote from: TopT3ns on April 20, 2024, 06:55:03 PM

It's true, there are still altcoins that have very cheap transaction fees, of course gambling places have thought that this would happen so they provide options for altcoins that can be used to place bets at gambling places. So far, making transactions using Dogecoin, Tron and LTC will be cheaper and faster and will definitely be provided for many online gambling site platforms. Keep gambling until we become rich from what we do.

I'm not going to sit here and fold my arms, using crypto meant for significant tasks go gamble, why will I sensed it to be promising anyway? Gamble with cryptocurrencies doesn't seem to be one of the good choices in the market. We have the likes of Dogecoin, Litecoin, USDT and others, instead I'll settled for trading and longterm investments. It have always been a top priority to know the seasons of the market and ensure you're on the right path to trigger your decision towards the market. Use fiat currency to gamble on these casinos and we have easy money flowing in and out.

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Quote from: freedomgo on April 20, 2024, 08:36:50 AM

This high fee is probably due to the 4th halving that was completed. I haven't seen this type of transaction fee this hight.

If you look at https://mempool.emzy.de/, the current transaction fee is over $50 but in the past few hours it was over $100... So if you are a gambler who doesn't gamble that much like your range is only $10 to $100, it's impossible you will choose to gamble today with that very high fees.

This is only for gamblers who use bitcoin as the payment method, how is going today? Who among us here can still afford to gamble?

Why would you use BTC to gamble with? LTC is a much better option for a plethora of reasons...

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Those who have Bitcoin in their balance don't have to worry about this yet. The exit is where the problem will begin but as much as possible, save your Bitcoin and gamble responsibly. If you could prolong that balance then do it. Don't just bet anywhere without the assurance to get it back as soon as you can.
It's given that the fees will go up because it's preventing Bitcoin holders from playing with the market while the halving is happening. That way, there will be no problem and that's what happened. It was finished so fast that I didn't have the chance to see what was happening. My notification just surprised me that it's already done.
I don't think many gamblers are using Bitcoin ever since it hit $60k. So, it's possible that less of them were affected by this.

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Quote from: freedomgo on April 20, 2024, 08:36:50 AM

This high fee is probably due to the 4th halving that was completed. I haven't seen this type of transaction fee this hight.

If you look at https://mempool.emzy.de/, the current transaction fee is over $50 but in the past few hours it was over $100... So if you are a gambler who doesn't gamble that much like your range is only $10 to $100, it's impossible you will choose to gamble today with that very high fees.

This is only for gamblers who use bitcoin as the payment method, how is going today? Who among us here can still afford to gamble?

I've seen high fees before, but I can still gamble because I still have some satoshi on the gambling site, I don't deposit from my own wallet this month, so I still can gamble using my bitcoin on the gambling site. And, as I know, some gambling sites have other crypto payments with the lowest fees like TRX, Doge, and others. I think there's no harm to us using it before the Bitcoin fee is lower than today. Because it usually doesn't take long, this happens because of halving hype, maybe after this, it will be much lower than before. I'm also waiting for that because the gambling fee for withdrawal is also high, they even set 50K satoshi for the fee, even my budget is not more than that.

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Quote from: TopT3ns on April 20, 2024, 06:55:03 PM

Quote from: Mrbluntzy on April 20, 2024, 06:10:45 PM

Quote from: freedomgo on April 20, 2024, 08:36:50 AM

This is only for gamblers who use bitcoin as the payment method, how is going today? Who among us here can still afford to gamble?

Casinos don't only have one deposit option, apart from Bitcoin, there are so many other coins that are accepted in the casino too. Bitvest.io accepts BTC, LTC, ETH and Dogecoin, since Bitcoin fee is he, gamblers can deposit with a crypto like LTC which has a low transaction fee. Don't even be surprise that some gamblers still made their deposit with Bitcoin today without minding the high fee.

It's true, there are still altcoins that have very cheap transaction fees, of course gambling places have thought that this would happen so they provide options for altcoins that can be used to place bets at gambling places. So far, making transactions using Dogecoin, Tron and LTC will be cheaper and faster and will definitely be provided for many online gambling site platforms. Keep gambling until we become rich from what we do.

But the thing is, who's right mind will use their bitcoin holdings as their payment for gambling? I know maybe those who have a lot of holdings, but still, it's a waste to use bitcoin asuse their bitcoin holdings as their payment for gambling? I know maybe those who have a lot of holdings, but still, it's a waste to use bitcoin asuse their bitcoin holdings as their payment for gambling? I know maybe those who have a lot of holdings, but still, it's a waste to use bitcoin as your payment because the value of bitcoin is getting higher and it's a waste if you lose those bitcoins. So yes, altcoins will be a good alternate, but still, you are gambling, and we know you will lose more than you will win, so I don't know why bother to gamble and use bitcoin as payment despite these high transaction fees. Maybe I just don't feel like using my crypto currency for gambling payments because I do that in order to earn by holding those coins or trading those coins. Also, in this current halving event, it's better to wait to see what will happen to bitcoin and if the price of bitcoin will drop or not and other currencies will follow.

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Quote from: Mrbluntzy on April 20, 2024, 06:10:45 PM

Quote from: freedomgo on April 20, 2024, 08:36:50 AM

This is only for gamblers who use bitcoin as the payment method, how is going today? Who among us here can still afford to gamble?

Casinos don't only have one deposit option, apart from Bitcoin, there are so many other coins that are accepted in the casino too. Bitvest.io accepts BTC, LTC, ETH and Dogecoin, since Bitcoin fee is he, gamblers can deposit with a crypto like LTC which has a low transaction fee. Don't even be surprise that some gamblers still made their deposit with Bitcoin today without minding the high fee.

It's true, there are still altcoins that have very cheap transaction fees, of course gambling places have thought that this would happen so they provide options for altcoins that can be used to place bets at gambling places. So far, making transactions using Dogecoin, Tron and LTC will be cheaper and faster and will definitely be provided for many online gambling site platforms. Keep gambling until we become rich from what we do.

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Quote from: yahoo62278 on April 20, 2024, 08:54:00 AM

Quote from: freedomgo on April 20, 2024, 08:36:50 AM

This high fee is probably due to the 4th halving that was completed. I haven't seen this type of transaction fee this hight.

If you look at https://mempool.emzy.de/, the current transaction fee is over $50 but in the past few hours it was over $100... So if you are a gambler who doesn't gamble that much like your range is only $10 to $100, it's impossible you will choose to gamble today with that very high fees.

This is only for gamblers who use bitcoin as the payment method, how is going today? Who among us here can still afford to gamble?

When the halving happened last night, the fee was between $200 and $300 to send. It got really crazy. I may have to delay sig campaign payments til the fees come back down to earth. Hopefully in the next 24 hours fees return to normal so people can gamble if they want.

Hopefully, the transaction fee will return to normal. The current transaction fee for high priority according to mempool is around $39 as of this writing but it looks like the minting of NFT under Rune Protocol is yet to be finished so I think we have to wait for a longer time for the Bitcoin transaction fee to return to normal.

Quote from: Mrbluntzy on April 20, 2024, 06:10:45 PM

Quote from: freedomgo on April 20, 2024, 08:36:50 AM

This is only for gamblers who use bitcoin as the payment method, how is going today? Who among us here can still afford to gamble?

Casinos don't only have one deposit option, apart from Bitcoin, there are so many other coins that are accepted in the casino too. Bitvest.io accepts BTC, LTC, ETH and Dogecoin, since Bitcoin fee is he, gamblers can deposit with a crypto like LTC which has a low transaction fee. Don't even be surprise that some gamblers still made their deposit with Bitcoin today without minding the high fee.

True that casinos have different deposit options but if you are only holding Bitcoin and it is in your non-custodial wallet, those options are useless unless your Bitcoin is stored in an exchange where you can convert your Bitcoin to any other altcoin anytime.

So yeah, with this huge amount needed for transaction fee, I think skipping a gambling session is inevitable until the Bitcoin tx fee return to normal.

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Quote from: freedomgo on April 20, 2024, 08:36:50 AM

This is only for gamblers who use bitcoin as the payment method, how is going today? Who among us here can still afford to gamble?

Casinos don't only have one deposit option, apart from Bitcoin, there are so many other coins that are accepted in the casino too. Bitvest.io accepts BTC, LTC, ETH and Dogecoin, since Bitcoin fee is he, gamblers can deposit with a crypto like LTC which has a low transaction fee. Don't even be surprise that some gamblers still made their deposit with Bitcoin today without minding the high fee.

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Quote from: goaldigger on April 20, 2024, 03:39:42 PM

Quote from: Sunderland on April 20, 2024, 03:01:27 PM

Fees have dropped to around $15 now, maybe in the next few hours it will be at $5 ish.
Or maybe it will rise if the runes protocol spamming the network again (damn you casey).
Its better to withdraw the BTC balance at the casino when the fees back or near to normal and replace it with another coin temporarily.

Using the alternative is ideal, since the fees are really high and if you are a small time gambler, this is not worth it to gamble. This is why there’s a lot of gamblers who prefer to gamble with the stablecoins or with the altcoins as the fees are low and they can transact it faster. BTC option can be good to big time players as they can afford that fees.

Options like this will definitely come mostly for those gamblers who are eager to play by all means, alternative like altcoins or stablecoin is good at this point but a gambler can always decide to wait since they're not holding altcoin. Things like the high fees and other factors are bound to happen mostly in situations like this but I don't know why the fee will be so high so this extend. Any gambler who is ready to risk it at this time should think twice as the fee is high but personally taking break during times like this is more preferable than finding another alternative cause sometimes alternative do fail

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It reminded me of the past when rates were very high. In my case, since I started placing my bets, I chose Litecoin as a deposit method because at the beginning I used bitcoin, but the problem was that when I won and withdrew from the casino, the amount that arrived in my wallet looked like I didn't win. nothing due to the high rate, so at that time I realized that there was no point in using bitcoin for gambling anymore. That's why I started using Litecoin because it has very low fees, even when the market is very busy like it is currently, Leitecoin continues to have low fees. Even for trading I chose to always withdraw in Litecoin or USDt because of the very low fees. In my opinion playing using bitcoin at a time when bitcoin rates are low, it only pays off for people who play with large amounts

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If you can transfer your coins to an exchange and trade those bitcoins to doge or XRP, then you can still play to other platforms that accepts these for deposits. These coins are seldomly affected by the increase in fees on the bitcoin network, making them good for transferring funds tp gambling platforms. You can always send back these coins to an exchange once you're done and convert to btc, after which you can decide if you'll keep it there in the mean time or you keep the alts as is. It's not a solution but rather a nice workaround if you may.

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I might get staked for this but I almost never use bitcoin for gambling lol.

For starters, I try to always keep low fee altcoins like LTC at my disposal for quick transactions. Because their network fees are cheap, their withdrawal fee in casinos are always cheaper than btc. Not only that, compared to BTC, the minimum withdrawal amount tend to be much lower in most casinos I've played to as well -- this is useful if you have a small bankroll.

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Currently as things are going with Bitcoin wise gamblers understand this all, and they are trying their best for having alternative coins which are much better and having less fees because usually as we have situation like this casino take good advantage of this all as I personally face and give huge amount in withdrawal but now in last few months usually I am going with alternative options.
With this we can withdraw quickly and fees is also very less after having withdraw we can convert them in bitcoin for own personal because for holding still I am comfortable with this but for the use case due to these issues now I am going with my other options instead of this bitcoin.

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Quote from: freedomgo on April 20, 2024, 08:36:50 AM

This is only for gamblers who use bitcoin as the payment method, how is going today? Who among us here can still afford to gamble?

Degenerate gamblers would still fund their wallets and gamble regardless... Unless they haven't got that much in stock, they won't mind.
On the other hand, most of them would prefer to swap to any altcoin and fund with it. So If you thought the fees would deter them, then you definitely don't know a thing about gambling!

Alot of people saying Bitcoin is behaving in an unusual way due to the surge in transaction fees? Do they really know what the term HALVING MEANS?

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Quote from: bitbollo on April 20, 2024, 04:19:54 PM

you can always use a crypto currency that is processed faster and also with a lower transaction fee.
If you have enough time, you can send btc with very low fees and wait...

Generally speaking, I think that in the long term L2 systems will be the minimum standards for deposits / withdrawals,

For now, if you really do want to gamble, then, use other alts with low tx fees. But if not, you need to bear with high btc tx fees. In the coming days, it will go down for sure. Currently, it goes down to about 18 bucks for high priority. Based from the time the OP created this thread, it means, the fees already went down significantly.

https://mempool.space/

If you are not in a hurry, then, don't deal with btc for the moment. Or you can always trade your btc to other alts, that is, if your btc is already in the exchange.

Topic: No gambling today due to bitcoin high transaction fee. - page 10. (Read 2004 times)