Since symphonized is here and talked about the price for second time in a row this time, for the last time could you please tell us if the price has anything to do with wagering amounts? I do not mean just in bitcoin terms because I am sure back in the day when bitcoin was 200-300 bucks there was more bitcoins gambled which is obvious, however I want to know in dollar terms, when bitcoin was 7k just a month or two months ago, how much dollar was gambled on average per day versus now at over 10k how much dollar is gambled?
I know you want to know what we do when bitcoin price goes up but that is a two way street and I would love to hear what you guys do when price goes up as well, if you guys get a lot more people gambling, if you guys get less money gambled, like what happens when prices change?
@ davinchi I think this is a very good question and I'm surprised this has been overlooked so far, though I do hope you get a honest and prompt response. Having said this, I'm not sure whether you'll get a response at all since this info maybe considered too sensitive to share on there but who knows maybe we'll be nicely surprised.
As to my opinion on the matter, I think that the platform has reached such a large user base that these fluctuations doesn't affect the gambling rate by much. I expect that this will decrease at first for a short while but then peak up again, and the reason I think this is because even if the price goes up people always assume it could go higher and what better way to increase your amount than gamble. As such, the high-risk takers would therefore consider this as an opportunity, while others will gamble anyway to keep up with their daily/weekly habits
That's my guess, anyways but as I said earlier it would be nice to get an inside view on this!
