Revival of Bitcoins and alts and your strategy.

Oilacris

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Quote from: rizkyhiw on March 09, 2018, 10:49:54 PM

Quote from: Pursuer on February 28, 2018, 04:59:38 AM

Quote from: Juggy777 on February 28, 2018, 01:03:46 AM

However as a passive gambler I need to play a lot so I decided to convert my alts into btc and play but then the fees is a pain in the bum.

the bitcoin transaction fees are not high at all. in fact they are the lowest possible. I just made a 1 satoshi/byte transaction and another with 0.4 satoshi/byte and they both got confirmed within 2 blocks.

He's right, now the transaction costs are so cheap even though bitcoin is experiencing a revival. So you do not have to hesitate to keep playing, but I will not change my altcoin.
I will not think much about gambling, gamblers need high concentration.
If you continue to be in high cost you will not focus on betting and end up losing too.

Its such waste on using up our potential altcoins on playing gambling if we do compare past fees in bitcoin then its not ideal on making use of it but as of now it just really very minimal and do have fast confirmation which is the perfect recipe on playing out gambling actively but still we should know how to play moderately because the faster we can deposit can potentially the faster we do lose up money if luck isnt on our side on that day.

ThirdPerson

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Because of the bitcoin users are finding another way to transaction with using another cryptocurrency, the transaction fees are stable and thats the opportunity for a gambler like us to gamble more efficient.

rizkyhiw

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Quote from: Pursuer on February 28, 2018, 04:59:38 AM

Quote from: Juggy777 on February 28, 2018, 01:03:46 AM

However as a passive gambler I need to play a lot so I decided to convert my alts into btc and play but then the fees is a pain in the bum.

the bitcoin transaction fees are not high at all. in fact they are the lowest possible. I just made a 1 satoshi/byte transaction and another with 0.4 satoshi/byte and they both got confirmed within 2 blocks.

He's right, now the transaction costs are so cheap even though bitcoin is experiencing a revival. So you do not have to hesitate to keep playing, but I will not change my altcoin.
I will not think much about gambling, gamblers need high concentration.
If you continue to be in high cost you will not focus on betting and end up losing too.

casinolize.com

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at the moment bitcoin fees are very less. But it may shoot up once the bitcoin price increases. I feel Ethereum will be a good choice...

JL421

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Quote from: crwth on March 01, 2018, 10:50:05 PM

I agree with the people posting above me especially the one with the lower transaction fees. I recently transacted Bitcoin and it was relatively low and transactions fee but I don't know when it still high with gambling houses because I have not been gambling a lot. Well if you have lots of coins to gamble with why not?

If you have lot's of coin why don't you instead trade those coins or spend on goods or just hold on more funds doesn't mean higher bankroll for gambling it means more savings for the future or more ways of investing in other altcoins
Regarding withdrawal fees on gambling site I'm also not sure about other sites but yolodice has a fees of 0.0002 , it is still lot but they did change it when the fees had reduced recently

ralle14

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I don't worry much about the price of bitcoin and alts when i'm gambling because that'll just add more stress to my day. I only start to care for the rates when i'm about to withdraw.

Everyone is right that fees are indeed small but when you play on a casino then after you've made enough money calling it a day and planning to withdraw your bitcoin you'll notice that they are charging fixed fees. On nitrogensports they still charge 0.0005 btc for miner fee which is not okay since the recommended amount is less than that.

ethereumhunter

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Quote from: iluvbitcoins on March 02, 2018, 06:46:42 AM

Dude moved 430 million $ with a 1$ fee
https://blockchain.info/tx/92785a57f6e9e9eb9d37a00e6e8be7f888376f65fa2b8f868db261cbf6cca7b0

And you're complaining about high fees Huh

what? it's a lot of money and he only pays the fees $1? I hope that in the future, when I have much of bitcoin like him, I want to pay the fee for only $1. I think we don't have to complain about the fee as we can set how much fees that we want to pay and if we want to receive fast confirming, then we need to use more than $1.

Digital_Lord

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Quote from: piloder on March 01, 2018, 07:03:38 PM

If you have some altcoin convert it and hold as Bitcoin might soon surpass $15k mark again if it does you will make over 50% in profit which is might be more than what you could earn by gambling. So just hold your Bitcoin right now rather than lossing it in gambling.

Only if they know all these things, but surprisingly, people will rather look for knowledge elsewhere rather than using their head to think of what is right for them. Trading is always the best way to always earn more and with a very good knowledge, it remains the easiest form.

However, some people still take the gambling world into trading and they end up flopping until they realize the level at which they have been doing it wrong.

barbara44

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Quote from: vintages on March 02, 2018, 02:31:50 AM

OP, if your fingers are been itchy to play at any price, then that means you don't have a gambling limitation. Most times we make the mistake of letting the game to control us instead of we controlling the game. Though, I think the fees are a bit lower now than how it was before but even if its high, its wise you wait till its lower before playing. Considering the fact that gambling is risky; you lossing more before winning.

Itchy fingers can end up turning to burning fingers in the long run. With those that have been in this community for a while now, I believe they should have been able to learn from other people's experience to always learn how to control themselves.

However, in the OP's shoe, I am sure that is not even a problem for him, except for the transaction fees in btc, but you just have to deal with one and get the other, and ordinarily, we cannot always eat our cake and have it.

micleeiu398

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Quote from: Kevin77 on March 06, 2018, 01:52:24 PM

Quote from: crwth on March 01, 2018, 10:50:05 PM

I agree with the people posting above me especially the one with the lower transaction fees. I recently transacted Bitcoin and it was relatively low and transactions fee but I don't know when it still high with gambling houses because I have not been gambling a lot. Well if you have lots of coins to gamble with why not?

I am not sure about most of the other online gambling, but for freebitco.in, it has been pretty low, and in fact, annoyingly low Grin

… I remember paying as low as 600sats recently for a high transaction. This is a site that even without gambling, I just prefer putting some little bit of funds I may want to transact in there. It saves me a lot in fees even when there is congestion.

Quote from: iluvbitcoins on March 02, 2018, 06:46:42 AM

Dude moved 430 million $ with a 1$ fee
https://blockchain.info/tx/92785a57f6e9e9eb9d37a00e6e8be7f888376f65fa2b8f868db261cbf6cca7b0

And you're complaining about high fees Huh

In fact, it is a whole lot of question to ask him if he has really been in the system for a while to not have known how ridiculously cheap the fees have been and most especially with segwit transactions such as this one. However, that is a huge amount of money with a very low fee and people are still here complaining about how high the fees are, then I wonder if they have really been making transactions at all.

People always need something to talk about. They want some tasteful discussions that will end for nothing, useless. Like you have said, right now, as the transaction fees are not that much high as before, so people need to understand everything will be good. But that will take time. Nothing is so immediate as to blink an eye. This is such lease given by the developing teams to all users of bitcoins around the globe.

Kevin77

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Quote from: crwth on March 01, 2018, 10:50:05 PM

I agree with the people posting above me especially the one with the lower transaction fees. I recently transacted Bitcoin and it was relatively low and transactions fee but I don't know when it still high with gambling houses because I have not been gambling a lot. Well if you have lots of coins to gamble with why not?

I am not sure about most of the other online gambling, but for freebitco.in, it has been pretty low, and in fact, annoyingly low Grin

… I remember paying as low as 600sats recently for a high transaction. This is a site that even without gambling, I just prefer putting some little bit of funds I may want to transact in there. It saves me a lot in fees even when there is congestion.

Quote from: iluvbitcoins on March 02, 2018, 06:46:42 AM

Dude moved 430 million $ with a 1$ fee
https://blockchain.info/tx/92785a57f6e9e9eb9d37a00e6e8be7f888376f65fa2b8f868db261cbf6cca7b0

And you're complaining about high fees Huh

In fact, it is a whole lot of question to ask him if he has really been in the system for a while to not have known how ridiculously cheap the fees have been and most especially with segwit transactions such as this one. However, that is a huge amount of money with a very low fee and people are still here complaining about how high the fees are, then I wonder if they have really been making transactions at all.

SaShiRaJaVu

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Quote from: Juggy777 on February 28, 2018, 01:03:46 AM

However as a passive gambler I need to play a lot so I decided to convert my alts into btc and play but then the fees is a pain in the bum.
Do you'll think considering the fees and being optimistic about a rally we should hold before we play, or continue going forward without being bothered, my fingers are itching to play at any rates.
So what are the other gamblers feeling, itchy or taking a break.

What fees are you taking about,the transaction charges for bitcoin have come down a lot and you are able to send the coins for less than a dollar but some exchanges and sites have not reduced the fees like that and i am sure they will do that in the future,if you think that the price of bitcoin could rally,it is your choice to gamble with it for not.

Tigorss

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Quote from: mostkey on February 28, 2018, 06:42:08 AM

Quote from: Juggy777 on February 28, 2018, 01:03:46 AM

It's been nothing less than a roller coaster for the crypto market from highs to low and back to the 10k mark we have seen it all. Now I'm anticipating a good rally coming in the crypto market hence I'm holding back play later on.

However as a passive gambler I need to play a lot so I decided to convert my alts into btc and play but then the fees is a pain in the bum.

Do you'll think considering the fees and being optimistic about a rally we should hold before we play, or continue going forward without being bothered, my fingers are itching to play at any rates.

So what are the other gamblers feeling, itchy or taking a break.

good for covering all your altcoin to bitcoin. I feel it too. but from the beginning the price increase then fell and until now I continue to gamble without thinking about the cost and bitcoin price, because if we keep thinking so we will continue to be disturbed for my gambling.

If you want to play long games, then you need to plan your bitcoin purchases in the right way. Although bitcoin prices may change rapidly in just one day, it is important to remember that your strategy is not to trade or trade cryptocurrencies daily. Just because you see the price drop does not mean that you should automatically place a new buy order on the exchange exchange. If you are going to place a bitcoin purchase for long-term speculation, then you should place your order in regular intervals.

super5star

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Quote from: sheenshane on March 04, 2018, 10:06:21 AM

Quote from: LuanX3 on March 02, 2018, 06:00:13 AM

Quote from: Juggy777 on February 28, 2018, 01:03:46 AM

It's been nothing less than a roller coaster for the crypto market from highs to low and back to the 10k mark we have seen it all. Now I'm anticipating a good rally coming in the crypto market hence I'm holding back play later on.

However as a passive gambler I need to play a lot so I decided to convert my alts into btc and play but then the fees is a pain in the bum.

Do you'll think considering the fees and being optimistic about a rally we should hold before we play, or continue going forward without being bothered, my fingers are itching to play at any rates.

So what are the other gamblers feeling, itchy or taking a break.

The price should not really be a problem if you just convert fiat to crypto then play then just cash out and convert back to fiat, that would not need to take into account the price of crypto. But that's really an expensive way to gamble, however there are a lot of gamblers that don't really care about the price of crypto and they just compute everything in the crypto they are using. So if you say you want to gamble 1 BTC per session and you grow or lose it then you just only look at it at the amount of crypto you are holding.

Yeah, sometimes there are people like that no matter how much they cover the transaction fee as long as they can play in gambling.
But that's a good idea covered the transaction fees of your altcoins to the bitcoin, this strategy will lessen you fee during transaction either withdrawal of deposit fee. But those who really want to gamble they never mind that.

Gambling with altcoins and bitcoins, no other big mistake it would be from any sensible person who is living on this planet earth. I am much depressed and wonder why people are so much blind that they don’t see how amazing and golden these coins are, so hard to buy, still this foolish lobby is buying and gambling with them. Losing them after a game and then regretting on it.

sheenshane

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Quote from: LuanX3 on March 02, 2018, 06:00:13 AM

Quote from: Juggy777 on February 28, 2018, 01:03:46 AM

It's been nothing less than a roller coaster for the crypto market from highs to low and back to the 10k mark we have seen it all. Now I'm anticipating a good rally coming in the crypto market hence I'm holding back play later on.

However as a passive gambler I need to play a lot so I decided to convert my alts into btc and play but then the fees is a pain in the bum.

Do you'll think considering the fees and being optimistic about a rally we should hold before we play, or continue going forward without being bothered, my fingers are itching to play at any rates.

So what are the other gamblers feeling, itchy or taking a break.

The price should not really be a problem if you just convert fiat to crypto then play then just cash out and convert back to fiat, that would not need to take into account the price of crypto. But that's really an expensive way to gamble, however there are a lot of gamblers that don't really care about the price of crypto and they just compute everything in the crypto they are using. So if you say you want to gamble 1 BTC per session and you grow or lose it then you just only look at it at the amount of crypto you are holding.

Yeah, sometimes there are people like that no matter how much they cover the transaction fee as long as they can play in gambling.
But that's a good idea covered the transaction fees of your altcoins to the bitcoin, this strategy will lessen you fee during transaction either withdrawal of deposit fee. But those who really want to gamble they never mind that.

andreijoaquin

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Quote from: Juggy777 on February 28, 2018, 01:03:46 AM

It's been nothing less than a roller coaster for the crypto market from highs to low and back to the 10k mark we have seen it all. Now I'm anticipating a good rally coming in the crypto market hence I'm holding back play later on.

However as a passive gambler I need to play a lot so I decided to convert my alts into btc and play but then the fees is a pain in the bum.

Do you'll think considering the fees and being optimistic about a rally we should hold before we play, or continue going forward without being bothered, my fingers are itching to play at any rates.

So what are the other gamblers feeling, itchy or taking a break.

I actually don't like the idea of converting your alt coin into bitcoin especially of it intends for gambling purposes because I believe time will come those alts will appreciate the same way bitcoin did. When I gamble I see to it I have enough capital out of my investment and not sacrificing those long term one. I am always optimistic with bitcoin as well as alts.

ahtsham90

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OMG I cant believe on this.

bering

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we're already talking about high fees of bitcoin several times ago while bitcoin price was very high but today bitcoin fees was pretty cheap and speed of confirmations for every transactions was increase too so i think although if someday bitcoin price will reach to all time high again but the fees still low such as now then people still use bitcoin to gamble rather than their altcoins

GoodLuck2

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Quote from: LuanX3 on March 02, 2018, 07:23:09 AM

Quote from: iluvbitcoins on March 02, 2018, 06:46:42 AM

Dude moved 430 million $ with a 1$ fee
https://blockchain.info/tx/92785a57f6e9e9eb9d37a00e6e8be7f888376f65fa2b8f868db261cbf6cca7b0

And you're complaining about high fees Huh

Just holy shit. LOL.

That is a lot of bitcoins! Damn. Don't even know what to do with my life with that much money. Funny to see though that this got through with just 0.0001 BTC as fees, guess the problem with the memory pool is disappearing.

Don’t find shit in it, go and trade with this big money that you have. Trade or invest it in any asset that can help you to provide some output in form of money or anything else. Don’t waste it in useless things like gambling and betting rather find some innovation or business idea that can be implemented using this money and ultimate results are positive in your account. Be attentive and wise for your future.

eternalgloom

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Quote from: iluvbitcoins on March 02, 2018, 06:46:42 AM

Dude moved 430 million $ with a 1$ fee
https://blockchain.info/tx/92785a57f6e9e9eb9d37a00e6e8be7f888376f65fa2b8f868db261cbf6cca7b0

And you're complaining about high fees Huh

I reckon he could have even spent less, 5 sats per byte usually gets through the next block as well.
Good to see that more and more people are using Segwit, it really saves you a lot in transaction fees and more services are starting to support it.

Let's hope it stays this way as the transaction volume increases again.

LuanX3

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Quote from: iluvbitcoins on March 02, 2018, 06:46:42 AM

Dude moved 430 million $ with a 1$ fee
https://blockchain.info/tx/92785a57f6e9e9eb9d37a00e6e8be7f888376f65fa2b8f868db261cbf6cca7b0

And you're complaining about high fees Huh

Just holy shit. LOL.

That is a lot of bitcoins! Damn. Don't even know what to do with my life with that much money. Funny to see though that this got through with just 0.0001 BTC as fees, guess the problem with the memory pool is disappearing.

iluvbitcoins

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Freedom&Honor

Dude moved 430 million $ with a 1$ fee
https://blockchain.info/tx/92785a57f6e9e9eb9d37a00e6e8be7f888376f65fa2b8f868db261cbf6cca7b0

And you're complaining about high fees Huh

christian07

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Quote from: Juggy777 on February 28, 2018, 01:03:46 AM

It's been nothing less than a roller coaster for the crypto market from highs to low and back to the 10k mark we have seen it all. Now I'm anticipating a good rally coming in the crypto market hence I'm holding back play later on.

However as a passive gambler I need to play a lot so I decided to convert my alts into btc and play but then the fees is a pain in the bum.

Do you'll think considering the fees and being optimistic about a rally we should hold before we play, or continue going forward without being bothered, my fingers are itching to play at any rates.

if you have problem in the fees when you convert your altcoins to btc the only answer in that is wait until you can afford it already and i think you need only to wait atleast a few weeks

Quote from: Juggy777 on February 28, 2018, 01:03:46 AM

So what are the other gamblers feeling, itchy or taking a break.

there's a lot of time so control our self in this situation to avoid high fees and actually it's so easy to do

LuanX3

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Quote from: Juggy777 on February 28, 2018, 01:03:46 AM

It's been nothing less than a roller coaster for the crypto market from highs to low and back to the 10k mark we have seen it all. Now I'm anticipating a good rally coming in the crypto market hence I'm holding back play later on.

However as a passive gambler I need to play a lot so I decided to convert my alts into btc and play but then the fees is a pain in the bum.

Do you'll think considering the fees and being optimistic about a rally we should hold before we play, or continue going forward without being bothered, my fingers are itching to play at any rates.

So what are the other gamblers feeling, itchy or taking a break.

The price should not really be a problem if you just convert fiat to crypto then play then just cash out and convert back to fiat, that would not need to take into account the price of crypto. But that's really an expensive way to gamble, however there are a lot of gamblers that don't really care about the price of crypto and they just compute everything in the crypto they are using. So if you say you want to gamble 1 BTC per session and you grow or lose it then you just only look at it at the amount of crypto you are holding.

JL421

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It's completely a decision for you to make and the fees isn't so high most exchanges take 0.1% trading fees or if you use shapeshift or something related to it fees is 1% or so which again isn't high , maybe this can be a way to trick your mind to not gamble by saying exchange fees is a lot and why do you want to gamble as you stated the current price is really high demanding more is just being greedy

vintages

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OP, if your fingers are been itchy to play at any price, then that means you don't have a gambling limitation. Most times we make the mistake of letting the game to control us instead of we controlling the game. Though, I think the fees are a bit lower now than how it was before but even if its high, its wise you wait till its lower before playing. Considering the fact that gambling is risky; you lossing more before winning.

crwth

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I agree with the people posting above me especially the one with the lower transaction fees. I recently transacted Bitcoin and it was relatively low and transactions fee but I don't know when it still high with gambling houses because I have not been gambling a lot. Well if you have lots of coins to gamble with why not?

piloder

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If you have some altcoin convert it and hold as Bitcoin might soon surpass $15k mark again if it does you will make over 50% in profit which is might be more than what you could earn by gambling. So just hold your Bitcoin right now rather than lossing it in gambling.

Aleister Crowley

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Quote from: milewilda on March 01, 2018, 02:43:59 PM

Quote from: Juggy777 on February 28, 2018, 01:03:46 AM

It's been nothing less than a roller coaster for the crypto market from highs to low and back to the 10k mark we have seen it all. Now I'm anticipating a good rally coming in the crypto market hence I'm holding back play later on.

However as a passive gambler I need to play a lot so I decided to convert my alts into btc and play but then the fees is a pain in the bum.

Do you'll think considering the fees and being optimistic about a rally we should hold before we play, or continue going forward without being bothered, my fingers are itching to play at any rates.

So what are the other gamblers feeling, itchy or taking a break.

This thing is actually depending on you.If you let your itchy feeling on playing gambling then its your choice but in our minds we do know that the coins we do hold do have the potential on rising up and the opportunity that it gives on making profit but since its your money its your choice on how you gonna handle it.People do have different decisions and views among things and also fees arent that high now when you do try to see.

gambling is as good as it can be and until you find out when all your gambling is paying off and strategies that you can use as a strategy that suits or exactly you use as gambling.

all the coins do have a high potential but if you really can never resist gambling, do it because the loss and profit is only your own who feel it

milewilda

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Quote from: Juggy777 on February 28, 2018, 01:03:46 AM

It's been nothing less than a roller coaster for the crypto market from highs to low and back to the 10k mark we have seen it all. Now I'm anticipating a good rally coming in the crypto market hence I'm holding back play later on.

However as a passive gambler I need to play a lot so I decided to convert my alts into btc and play but then the fees is a pain in the bum.

Do you'll think considering the fees and being optimistic about a rally we should hold before we play, or continue going forward without being bothered, my fingers are itching to play at any rates.

So what are the other gamblers feeling, itchy or taking a break.

This thing is actually depending on you.If you let your itchy feeling on playing gambling then its your choice but in our minds we do know that the coins we do hold do have the potential on rising up and the opportunity that it gives on making profit but since its your money its your choice on how you gonna handle it.People do have different decisions and views among things and also fees arent that high now when you do try to see.

lite

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Quote from: BlockEye on March 01, 2018, 07:06:35 AM

Quote from: gabmen on February 28, 2018, 08:34:45 AM

Basically you're gambling in satoshis and not in dollars, so if you're lke earning btcs and not buying them, then there shouldn't be much of a difference if the fiat rate goes up or down. I usually don't have any sats to spare unless some that are left from trading.

Even if you are looking in satoshi. The amount of fee in satoshi is increasing too. Last year, the fee was around 10ksats to 30ksats but now it increase to 100k sats above which is very high for fee. It is better to use altcoin like ETH and LTC rather than BTC. It has less transaction and confirmation speed is fast compare to BTC. It is important to consider transaction fee so that you will not be in loss before you start gambling.

Fee is actually decreasing, if you look at the current recommend fee[1] is less than 10k satoshis. segwit adoption is finally increasing, recently being implemented on coinbase. segwit transactions currently amount to 27%[2] out of total bitcoin transactions, if everyone started using segwit we'll enjoy even more cheaper fees.

[1] https://bitcoinfees.earn.com
[2] http://segwit.party/charts/

BTCeminjas

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Quote from: 13abyknight on March 01, 2018, 12:05:29 PM

I don't think price fluctuations matter that much to the regular gamblers at all since they do their own thing and always stay ahead of the curve with decent profits at their disposal. It does take a significant amount of time for the crypto market to rebound and settle down at corrected prices but this barely has any impact on the staunch decisions to continue their gambling activities.

I think true gamblers did not matter on how the fees are covered by depositing to the gambling site as long as they can be gambled whatever the higher fees covered. And I think the fluctuation matter did not affect the gambler whenever it is up and down the price of bitcoin or other cryptocurrencies. But just like ours that only to gamble when we have an extra money if that case I rather wait when everything will back to normal.

13abyknight

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I don't think price fluctuations matters that much to the regular gamblers at all since they do their own thing and always stay ahead of the curve with decent profits at their disposal. It does take a significant amount of time for the crypto market to rebound and settle down at corrected prices but this barely has any impact on the staunch decisions to continue their gambling activities.

ethereumhunter

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Quote from: Juggy777 on February 28, 2018, 01:03:46 AM

It's been nothing less than a roller coaster for the crypto market from highs to low and back to the 10k mark we have seen it all. Now I'm anticipating a good rally coming in the crypto market hence I'm holding back play later on.

However as a passive gambler I need to play a lot so I decided to convert my alts into btc and play but then the fees is a pain in the bum.

Do you'll think considering the fees and being optimistic about a rally we should hold before we play, or continue going forward without being bothered, my fingers are itching to play at any rates.

So what are the other gamblers feeling, itchy or taking a break.

I think the best thing that we can do is taking a break for a while until the situations and the conditions is back to normal again so we can playing gambling in another day. I think you can search from other way to still earning money and not just from the gambling because you know how painful we are if we are getting lost.

goinmerry

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Quote from: Juggy777 on February 28, 2018, 01:03:46 AM

It's been nothing less than a roller coaster for the crypto market from highs to low and back to the 10k mark we have seen it all. Now I'm anticipating a good rally coming in the crypto market hence I'm holding back play later on.

However as a passive gambler I need to play a lot so I decided to convert my alts into btc and play but then the fees is a pain in the bum.

Do you'll think considering the fees and being optimistic about a rally we should hold before we play, or continue going forward without being bothered, my fingers are itching to play at any rates.

So what are the other gamblers feeling, itchy or taking a break.

As long as you want to gamble then you should disregard the fees because in the first place, the goal is to gamble. If we care for fees then why just now and not before. And besides, gambling enthusiast will always gamble no matter the fees or what is the current crypto price.

If you can't handle it, then refrain from playing at the moment.

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Quote from: gabmen on February 28, 2018, 08:34:45 AM

Basically you're gambling in satoshis and not in dollars, so if you're lke earning btcs and not buying them, then there shouldn't be much of a difference if the fiat rate goes up or down. I usually don't have any sats to spare unless some that are left from trading.

Even if you are looking in satoshi. The amount of fee in satoshi is increasing too. Last year, the fee was around 10ksats to 30ksats but now it increase to 100k sats above which is very high for fee. It is better to use altcoin like ETH and LTC rather than BTC. It has less transaction and confirmation speed is fast compare to BTC. It is important to consider transaction fee so that you will not be in loss before you start gambling.

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Basically you're gambling in satoshis and not in dollars, so if you're lke earning btcs and not buying them, then there shouldn't be much of a difference if the fiat rate goes up or down. I usually don't have any sats to spare unless some that are left from trading.

eternalgloom

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I personally do change some of my gambling activities depending whether prices and fees are high or low.
Now that Bitcoin's price has dropped a little and the fees are so low, I use Bitcoin more often for gambling.

Otherwise I just use Litecoin for example to deposit and play with. The prices don't have an effect on how much I gamble though, that always stays about the same...

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Quote from: Juggy777 on February 28, 2018, 01:03:46 AM

It's been nothing less than a roller coaster for the crypto market from highs to low and back to the 10k mark we have seen it all. Now I'm anticipating a good rally coming in the crypto market hence I'm holding back play later on.

However as a passive gambler I need to play a lot so I decided to convert my alts into btc and play but then the fees is a pain in the bum.

I don't know mate, but why you moved your alts where there are gambling sites that directly accept it?

Quote from: Juggy777 on February 28, 2018, 01:03:46 AM

Do you'll think considering the fees and being optimistic about a rally we should hold before we play, or continue going forward without being bothered, my fingers are itching to play at any rates.

So what are the other gamblers feeling, itchy or taking a break.

I don't think that the fees are very expensive right now, well conversion wise you will lose a few, but as a gambler, I don't care what's the current price. If there's a rally then good, but if the price its on the sideways, I still go and play. Yeah, I say go for it man, you may never know, maybe you can hit 1 bitcoin. Now we can start talking about HODLing it for long term. Grin

mostkey

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Quote from: Juggy777 on February 28, 2018, 01:03:46 AM

It's been nothing less than a roller coaster for the crypto market from highs to low and back to the 10k mark we have seen it all. Now I'm anticipating a good rally coming in the crypto market hence I'm holding back play later on.

However as a passive gambler I need to play a lot so I decided to convert my alts into btc and play but then the fees is a pain in the bum.

Do you'll think considering the fees and being optimistic about a rally we should hold before we play, or continue going forward without being bothered, my fingers are itching to play at any rates.

So what are the other gamblers feeling, itchy or taking a break.

good for covering all your altcoin to bitcoin. I feel it too. but from the beginning the price increase then fell and until now I continue to gamble without thinking about the cost and bitcoin price, because if we keep thinking so we will continue to be disturbed for my gambling.

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Quote from: Pursuer on February 28, 2018, 04:59:38 AM

the bitcoin transaction fees are not high at all. in fact they are the lowest possible. I just made a 1 satoshi/byte transaction and another with 0.4 satoshi/byte and they both got confirmed within 2 blocks.

This fee is considered as a very low for me and also the confirmation is quite fast as well.

Quote from: Juggy777 on February 28, 2018, 01:03:46 AM

However as a passive gambler I need to play a lot so I decided to convert my alts into btc and play but then the fees is a pain in the bum.

If I were you I will not convert altcoins to BTC instead play with altcoins because if BTC goes up soon or later all these good altcoins also will rally because these coins also corrected a lot already.

Quote from: Juggy777 on February 28, 2018, 01:03:46 AM

So what are the other gamblers feeling, itchy or taking a break.

I'm not a regular gambler. But sometimes I play a dice game and use BTC if fees are less and use altcoin only if BTC fee is high and taking a lot of time to confirm a transaction.

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Quote from: Juggy777 on February 28, 2018, 01:03:46 AM

However as a passive gambler I need to play a lot so I decided to convert my alts into btc and play but then the fees is a pain in the bum.

the bitcoin transaction fees are not high at all. in fact they are the lowest possible. I just made a 1 satoshi/byte transaction and another with 0.4 satoshi/byte and they both got confirmed within 2 blocks.

if a third party website like exchanges or gambling sites are charging you a lot then you have to complain to them and ask them to lower that amount because it is low at the moment. for example Freebitco.in currently charges 40 satoshi for a withdrawal!

besides I usually leave my funds on gambling sites, it is not much so I am ok with it and I happily play wit that amount without worrying about fees.

as for altcoins, I usually don't get them out of exchanges so I never gamble with them anyways.

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It's been nothing less than a roller coaster for the crypto market from highs to low and back to the 10k mark we have seen it all. Now I'm anticipating a good rally coming in the crypto market hence I'm holding back play later on.

However as a passive gambler I need to play a lot so I decided to convert my alts into btc and play but then the fees is a pain in the bum.

Do you'll think considering the fees and being optimistic about a rally we should hold before we play, or continue going forward without being bothered, my fingers are itching to play at any rates.

So what are the other gamblers feeling, itchy or taking a break.

Topic: Revival of Bitcoins and alts and your strategy. (Read 322 times)