No gambling today due to bitcoin high transaction fee. - page 13.

0t3p0t

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Quote from: livingfree on April 20, 2024, 08:42:37 AM

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

how is going today?

It's good because the halving happened but not that good when we're looking at the fees of it. These BRC20, NFT bitcoin blockchain and Runes crazy folks that are spamming the network so, doing good and bad at the same time.

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

Who among us here can still afford to gamble?

I won't afford to pay for that sums of fee. If I want to gamble today, I'd choose the altcoins that has lesser fees or simply go on with Litecoin or any other altcoins like Dogecoin or even XRP if I have to.

Yeah same here as well, those fees are insanely high and for me it's not an option doing transactions. I'd rather choose another option like Doge or stable coins. We can afford to gamble but not the fees of course haha that is too much for me. And even big players I don't think they are gonna do that as well.

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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?

So many gamblers would have to wait until the congestion at least chill a bit. Not just gamblers but everyone who wants to make a small transaction because I won't want to make use of an equal amount of fee to make a transaction which to me is weird. We are supposed to be celebrating because of the 4 halving but here we are stocked without been able to make use of the Blockchain. I guess this kind of situation will only drive more small investors into using altcoins for now as no one will want to loss such huge amounts for fees. I hope it returns to Normal soon though. Like I said before, this wouldn't be a good time for gamblers who make use of Bitcoin for gambling activities.

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Quote from: Awaklara on April 20, 2024, 09:19:35 AM

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?

As far as I remember, I have made 5 deposits to casinos using altcoins in the last 2 weeks. Some time ago Bitcoin transaction fees were enough to make me switch when I wanted to make a deposit to a casino. but right now, it surprised me because I didn't expect such a big increase in costs.

Deposits using altcoins are now friendlier. and that's what I can do when the desire to play is stirring within me.

I was also very surprised to see the transaction fees which I thought were crazy and left me with no option to switch to altcoins so I could still gamble on the weekends.
And I usually deposit 0.0005 Bitcoin or about $30+ for betting on weekends and for fun, and when I saw the transaction fees were very high and more than 3x the fees I usually deposit made me switch to USTD. And I hope this problem changes soon and becomes normal.

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Quote from: livingfree on April 20, 2024, 08:42:37 AM

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

how is going today?

It's good because the halving happened but not that good when we're looking at the fees of it. These BRC20, NFT bitcoin blockchain and Runes crazy folks that are spamming the network so, doing good and bad at the same time.

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

Who among us here can still afford to gamble?

I won't afford to pay for that sums of fee. If I want to gamble today, I'd choose the altcoins that has lesser fees or simply go on with Litecoin or any other altcoins like Dogecoin or even XRP if I have to.

This is where altcoins is going to be a good option.
Any gambler can still send USDT to a casino which is what I also did. I tried checking how much the fees today also because I wanna send to an exchange from my wallet, and the fee is more than the amount I wanna send. For a gambler, nothing can stop especially when boxing of Haney and Ryan Garcia is about to happen so I just send a few USDT from the exchange.

Just a screenshot of how much I would have paid for sending a few bucks.

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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?

As far as I remember, I have made 5 deposits to casinos using altcoins in the last 2 weeks. Some time ago Bitcoin transaction fees were enough to make me switch when I wanted to make a deposit to a casino. but right now, it surprised me because I didn't expect such a big increase in costs.

Deposits using altcoins are now friendlier. and that's what I can do when the desire to play is stirring within me.

Maslate

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This is how our patience will be tested, paying $100 for a single transaction is unacceptable even if you are gambling like $1000, it's still too high as that is equivalent to 10% of your wager, bigger than the house edge on most casinos. I'm sure everything will be back to normal, so just let it pass, hopefully tomorrow it will go down to $10 and below so we can start betting again.

The timing is really bad because tomorrow the NBA playoffs is going to start, and personally I'm a fan of NBA and I can't miss it, and since what we are talking here is bitcoin, I am sure I'm not gonna use that but I will find a way to gamble using a fiat sportsbook.

avp2306

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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?

Will not use bitcoin if the fee is so high as that since its crazy to pay such huge figure just to gamble using bitcoin. Maybe will grab some USDT on next day if the transaction fees will not change so I guess let see what will happen after this since many would provably will decide to hold for more days due to this situation happened on bitcoin network. Also its impossible for small bettor to gamble now by having such huge fees since for sure that majority choose to find alternative coins to use since bitcoin is not currently friendly for small time bettors.

For now all are in standby mode including those none gamblers since for sure a lot want to transact bitcoin since they have some business that need to deal with and it really sucks seeing that we need to deal with huge fees if we want our transaction to push faster.

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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?

Good observation. However the fourth halving which has temporarily resulted in transactions fee increases shouldn't stop one who already has some good amount in his casino wallet account from gambling. After gambling the individual will have to exercise patience for some days until the fee drops to withdraw their winnings. There's an option for the use of other crypto - USDT and Tron.

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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?

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.

Moreno233

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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?

Bitcoin is not the only deposit option for most casinos so if transaction fees is high in Bitcoin, gamblers can decided to deposit in others like USDT. Those who already have their funds in the gambling platform do not also have a problem gambling today and those of us who gamble more on weekends would have already made Bitcoin deposit before the fees skyrocketed. The fees is actually discouraging and will be a huge problem for casinos that accept only Bitcoin deposit. I think such casino should include other coins to so they remain in business because no one know how long it will take before the transaction fees stabilizes.

uneng

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Current fees are just unbearable. If you deposit some satoshis to play at a casino today, you are actually going to gamble to pay for the transaction's costs, and not exactly to enjoy some profit for yourself... Better to wait for the market to settle down and adapt itself to the halving which just happened. These expensive prices must be temporary, being reverted soon, like it has always happened in Bitcoin's ecossystem. Since the market is full of hype and expectations right now due to the halving, some 'peculiar' setbacks like that should be expected.

On the other hand, since most people here earn their satoshis directly to their casinos' accounts through the signature campaigns they work for, transactions' expensive costs aren't an issue, so they are free to gamble today despite the current scenario faced by Bitcoin market. They just won't be able to cashout their funds today from the platform. Personally, I just hope it's not going to take so long until we have average fees once again.

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

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?

It went as high as $190 but let us expect there will be less congestion but I saw some people talking about rune which may also cause the congestion.

I can not afford that. I can not even afford $5 as transaction fee when I have alternatives. Most casinos and other gambling sites are accepting not only bitcoin.

Bitcoin developers are sleeping.

It will be good to see casinos that will accept lightning network. It will make this easier.

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

how is going today?

It's good because the halving happened but not that good when we're looking at the fees of it. These BRC20, NFT bitcoin blockchain and Runes crazy folks that are spamming the network so, doing good and bad at the same time.

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

Who among us here can still afford to gamble?

I won't afford to pay for that sums of fee. If I want to gamble today, I'd choose the altcoins that has lesser fees or simply go on with Litecoin or any other altcoins like Dogecoin or even XRP if I have to.

freedomgo

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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?

Topic: No gambling today due to bitcoin high transaction fee. - page 13. (Read 2004 times)