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Topic: No gambling today due to bitcoin high transaction fee. - page 11. (Read 2004 times)

legendary
Activity: 2604
Merit: 2353
It's sad for the Bitcoin ecosystem to have such high fees, it destroys BTC reputation as a convenient and usuable cryptocurrency since very few casinos and gambling platforms offer Lightning Network deposits up to now unfortunately
hero member
Activity: 644
Merit: 520
Leading Crypto Sports Betting & Casino Platform
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 think those that leave their coins or some bitcoin in their betting account can still afford to gamble but for the case of other that don't then thats a different story because I can't imagine someone actually paying such fee to gamble when their is no certainty with his gambling habits accept that person has enough bitcoin and wouldn't mind wasting some of it although their is the option of USDT if you are that desperate type.
legendary
Activity: 2534
Merit: 1115
This high fee is probably due to the 4th halving that was completed. I haven't seen this type of transaction fee this hight.
seems like this is a normal occurrence after every halving, and yeah this is also the only time I've seen Bitcoin fee reach this high, it's probably the new ATH for Bitcoin fees.

Who among us here can still afford to gamble?
probably the ones who already have bitcoins on their gambling accounts or high rollers. also, a lot of gamblers even the ones who can afford the fee would probably refrain from depositing at the moment and let the fee go down.
legendary
Activity: 3276
Merit: 3537
Nec Recisa Recedit
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,
copper member
Activity: 56
Merit: 0
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?

The fee is absolutely outrageous! I thought it was a bug in my code causing this when I tried to withdraw funds from my website, but no! That is really the fee! Lol.



 Cry
hero member
Activity: 2730
Merit: 632
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?
You would really be that not doing gambling today but since i do have some balance in my casino account then there would be no issues. Usually the only problem is to make out deposits and of course on the time that you make out some withdrawal but with the current fees we do have then it would really be just that painful to see that current fees on Bitcoin network today. Well, this is really just that something temporal and we would really be able to see for it to normalize in a few hours on which this is something that could really happen in a market. Just like on what most people been saying that you could make use with other coins for you to gamble
since majority of platforms or sites now are really that having that multiple coins on which you could really be able to play. Somehow it is really just that there are gamblers who do really want to see Bitcoin as their balance and the coin that they would really be winning up.
sr. member
Activity: 2422
Merit: 357
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.
hero member
Activity: 2884
Merit: 794
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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?
Without a doubt that is a transaction fee that very few people can afford, as if you can afford to pay that much money on fees then you are probably moving tens of thousands of dollars at minimum, while gamblers and other people making small transactions have no other option but to wait until the fees get reasonable again, something that could take a lot of time as the excitement over the halving and what it is to come is just starting.
legendary
Activity: 1526
Merit: 1359
Transaction fees have been expensive for days, and yesterday they went crazy. But it's nothing new, I usually have some alt on the side that I use at times like this. And luckily there are some wallets & casinos that offer different chains, so we can use that option as well.

That was to be expected. The fees have skyrocketed due to the recently launched Runes protocol, which went live at the halving's block 840,000. Although I didn't believe the fees would go that high. Let's hope that the situation will calm down in a day or two.

I guess these high BTC fees can and are problematic for people who gamble only with BTC. But those who are in crypto for some longer time always have some USDT on a side and can use that for gambling at any time with very low fees on some chains.

I dont typically hold any stablecoins as they dont serve a purpose for me.  Thankfully, there are other altcoins with low transaction fees. As long as these altcoins are widely accepted for my purchases, Im good.
sr. member
Activity: 1439
Merit: 380
To Be Or Not To Be
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.
legendary
Activity: 3808
Merit: 4603
Contact @yahoo62278 on telegram for marketing
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?
Today bitcoin transcation fees is really too high. I don't think gambling sites would be shut down for that today. Because not everyone only gambles with Bitcoin. Many people gamble by depositing in trx, ltc, bsc chain, I myself deposit in tron ​​chain for gambling most of the time because I avoid gambling with big amount. so I am not interested in paying high transaction fees for small amounts. therefore, such transaction fees in Bitcoin will not deter gamblers from gambling.
Actually pretty smart to be gambling with altcoins. Gonna save tons of money in fees. Currently 80$ for a high priority transaction with bitcoin. Hopefully the crazy stops in the next few days, otherwise people gonna be scared away from bitcoin.
hero member
Activity: 882
Merit: 792
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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?
No one has ever seen such a high transaction fees. Many casinos already offer built-in crypto exchange, so, I assume that only Bitcoin withdrawals would be delayed and no gambler would deposit Bitcoins too (except rich ones). It wouldn't be a lucky day for those gamblers who use non-custodial wallet (exchange users should easily be able to convert it to any altcoin and then deposit on casino).
By the way, today would be a very strange and unusual day for every crypto business that accepts Bitcoin. Just imagine, you are a casino owner and expect that users deposit daily up to 20 BTC (for example) and today you wake up and there are 0 deposits Cheesy That would be a heart-attacking experience.
hero member
Activity: 1484
Merit: 608
Vave.com - Crypto Casino
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?
Today bitcoin transcation fees is really too high. I don't think gambling sites would be shut down for that today. Because not everyone only gambles with Bitcoin. Many people gamble by depositing in trx, ltc, bsc chain, I myself deposit in tron ​​chain for gambling most of the time because I avoid gambling with big amount. so I am not interested in paying high transaction fees for small amounts. therefore, such transaction fees in Bitcoin will not deter gamblers from gambling.
hero member
Activity: 1106
Merit: 526
Leading Crypto Sports Betting & Casino Platform
Some days are like this, and we can't expect such a big event to happen in the bitcoin network without affecting the transactions and other settings, so since we are still at this early stage of the new blockseize rewards we may have to give sometime for the network to recover or stabilise.
Even as that may be the case, we also still have the memory of how bitcoin fees have skyrocketed in the last few weeks month and day's, so we need to get used to such situations since it will only have temporary effect on the network.
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
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?

You can I think if you happen to have the patience to wait for like 6 hours as a fee of 9 dollars can do that I think and you can deposit from 10-100 dollars and still be able to play during today.Well I have just deposited now 12 dollars with an 8 dollars fee,nothing to do,just a couple of days and the fees will go down,the same has happened even in the past halving that Bitcoin had and as such I am not that surprised for this.I am surprised that people have transactions with fees of over 1000 dollars done today as I can see in the website bitcoinfees.net and that is really surprising to me,of course I assume that this crazy people have a lot of Bitcoins under their wallet and they don't care much for 1000 dollars,that is the only explanation to such happening for me.
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
I don't blame you.
If I was planning to roll some dices today, I would completely avoid to do some because of the crazy fees which are still being held on the Mempool after the having block. Fortunately for anyone interested into moving Bitcoin, I personally expect fees to go back down when the fever for the halving starts to wear off and people move on from it.
Also, someone who only held Bitcoin from some.monthd ago could have seen something like this happening and could have taken advantage of the normal and low fees to exchange some Bitcoin for other coin which is not as expensive to move around, like Litecoin, or Monero (though, it would me difficult to find a casino which accepts monero nowadays, because regulators).

I admit it is a problem, because if we talk about Bitcoin as an alternative for cash or some digital currency, then it is counterproductive for us to have to delay our gambling sessions because others around the world are saturating the network. It is something which does not happen with Fiat and it is a problem several altcoins have managed to solve.
Still no big casinos which feel comfortable enough with 2 layer solutions, because of security, I guess.
sr. member
Activity: 924
Merit: 329
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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?
Seriously addicted gamblers who used to bet in physical gambling shops will not stop gambling this period. Some of them who have already identified some high odds games that they planned to gamble on but now cannot do so on their crypto casino will simply just take a walk or drive down to their former gambling place if it is still there to place a bet, or visit a new one to place their bets. Addicted gamblers will always find a way to gamble.
hero member
Activity: 798
Merit: 702
I can't remember the last time I gambled and made a deposit with bitcoin. After the last time when the transaction fee went all up, I changed my deposit pattern to either TRX or LTC, and I have been using that for quite some time now. 
 
The fee is not in favour of any gambler, even small business owners or purchasers who want to purchase goods and pay with bitcoin. They will end up spending more than the goods they want to buy, so the best thing is to either stop gambling for the time being or look for an alternative option to fund your betting account.
hero member
Activity: 1694
Merit: 787
This high fee is probably due to the 4th halving that was completed. I haven't seen this type of transaction fee this hight.

It's no longer probably, it's definitely because of the hype that happened after the halving, TBH, these are the highest Bitcoin (BTC) network fees I've seen since I first got into crypto.

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?

No, it would not be possible for me who is not very big in making deposits or withdrawals from crypto casinos, instead of having to pay such huge fees, it's better to go to other alternatives. Moreover, I wonder, are there still people gambling with Bitcoin (BTC) when network fees are high?
legendary
Activity: 3416
Merit: 1225
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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?

The gambling industry and the gambler can still keep up there are altcoins and tokens to turn during this hard time, but it's much more worrying for merchants and other marketplaces that rely on Bitcoin only as their payment method.
We do not expect this to happen during the halving, those who have enough Bitcoin bankroll before this occurs are the ones who can only play with Bitcoin, and only those addicted to gambling online and only trust Bitcoin will proceed to deposit.
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