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Topic: No gambling today due to bitcoin high transaction fee. - page 7. (Read 1349 times)

legendary
Activity: 2464
Merit: 1703
airbet.io
Still no go today, but the good news is that the fee area slowly going down. I missed the $200 - $300 which I saw posted by yahoo62278, and based on that, there's a major decline already as the fee is now $30, but like you said it's still impractical to gamble at this moment. I have few balance in my debit card, I can use it in our fiat sportsbook but I woudn't still be satisfied as I want to have a longer session, so I'll just probably wait, few more days and everything will be back to normal.
Fees are still unstable, and this is indeed the effect of the Halving and Rune Protocol appearing in Bitcoin.
But there are still other options besides using Bitcoin, you can use Fiat or altcoins, but it depends on each gambling platform whether they provide other coins.

But of course this situation will not always happen, costs will return to normal and stable.
Now the transaction fee has dropped quite drastically from yesterday's highest fee.
The highs are now around $22 and certainly not good enough for gambling or other transactions.


https://mempool.space/
legendary
Activity: 3080
Merit: 1144
I don't have any altcoins at the moment, otherwise I would use an altcoin with low fees to make a deposit. The fees have gone down but they are impractical for people who play with low amounts. I, like the OP, never deposit more than $100 and right now I would have to pay $30 in fees to be able to deposit which is a big NO.

Eventually if I get the gambling bug I'll take my card and deposit at a fiat casino.

Still no go today, but the good news is that the fee area slowly going down. I missed the $200 - $300 which I saw posted by yahoo62278, and based on that, there's a major decline already as the fee is now $30, but like you said it's still impractical to gamble at this moment. I have few balance in my debit card, I can use it in our fiat sportsbook but I woudn't still be satisfied as I want to have a longer session, so I'll just probably wait, few more days and everything will be back to normal.
legendary
Activity: 1288
Merit: 1491
The first decentralized crypto betting platform
I don't have any altcoins at the moment, otherwise I would use an altcoin with low fees to make a deposit. The fees have gone down but they are impractical for people who play with low amounts. I, like the OP, never deposit more than $100 and right now I would have to pay $30 in fees to be able to deposit which is a big NO.

Eventually if I get the gambling bug I'll take my card and deposit at a fiat casino.
legendary
Activity: 3052
Merit: 1310

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.

How if your favorite gambling site is accepting bitcoin only as payment method? As long as I know there are still some sites that accept bitcoin only like bustabit and bustadice. With so expensive tx fee, small players will not be willing to make deposit and there is no other option except stop gambling while waiting for the fee to be back normal or move to other casinos that accept altcoins. This kind of high tx fee is not only affecting players but also casinos (especially those with no altcoins). Of course there might be some players who do not mind about high fee but they must be high rollers who deposit thousands dollar per transaction.
hero member
Activity: 896
Merit: 653
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.
full member
Activity: 140
Merit: 63
★Bitvest.io★ Play Plinko or Invest
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.
hero member
Activity: 784
Merit: 672
Top Crypto Casino
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.
sr. member
Activity: 966
Merit: 276
★Bitvest.io★ Play Plinko or Invest!
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.
copper member
Activity: 2156
Merit: 536
Building my own Dreams!
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.
hero member
Activity: 588
Merit: 500
★Bitvest.io★ Play Plinko or Invest
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.
newbie
Activity: 42
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?
Why would you use BTC to gamble with? LTC is a much better option for a plethora of reasons...
legendary
Activity: 3108
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
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.
hero member
Activity: 854
Merit: 737
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.
full member
Activity: 1358
Merit: 134
★Bitvest.io★ Play Plinko or Invest!

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.
hero member
Activity: 2548
Merit: 572
#SWGT CERTIK Audited

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.
legendary
Activity: 2842
Merit: 1253
Cashback 15%
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.


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.
member
Activity: 252
Merit: 32
★Bitvest.io★ Play Plinko or Invest!

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.
full member
Activity: 182
Merit: 120
Cashback 15%
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
legendary
Activity: 2968
Merit: 1095
Leading Crypto Sports Betting & Casino Platform
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
legendary
Activity: 3542
Merit: 1352
Excel is fun
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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