Switching to Etherum - page 4. | Bitcointalksearch.org

tigershark

full member

Activity: 223

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Quote from: OshiHugo on July 09, 2017, 02:01:29 PM

Hi guys!
It has been a few crazy months for bitcoin and its price. Did that affected your gambling activities? Are you considering switching to for example Etherum?
What do you think is the greatest advantage and disadvantage of bitcoin gambling?
Yours OshiHugo, oshi.io casino CM

You could do an even split between Etherium and Bitcoin to diversify. The will probably both gain value over time and both will also have a lot of price fluctuation in the short term. I like to spread my funds among several coins.

ModGirl

sr. member

Activity: 602

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Bitcoin will be better forever and will not lose its place of its benefits. It do not have any disadvantages for me but still if anyone want to add altcoins to his casino and someone want to gamble with altcoin then it is not bad but will be better for the casino owner and for the players.

tyz

legendary

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Why I should switch to Ethereum for gambling? I do not get the point of your question.

The thing is, it is unimportant whether you gamble in Ethereum or Bitcoin because the coins are exchangable very easy. When I use altcoins to gamble then because I can use much less pool on slots. Most Bitcoin slots requires a pool of at least 1 mBTC. If I want to stake less I just use slots with Dogecoins for instance where pool is 1 or 10 Dogecoins what is around 100 to 1000 Satoshi, thus a lot less.

hatshepsut93

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Quote from: OshiHugo on July 09, 2017, 02:01:29 PM

Hi guys!
It has been a few crazy months for bitcoin and its price. Did that affected your gambling activities? Are you considering switching to for example Etherum?
What do you think is the greatest advantage and disadvantage of bitcoin gambling?
Yours OshiHugo, oshi.io casino CM

Ethereum's price has encountered huge volatility recently too, and overall gambling with cryptocurrencies has double risks/rewards, because the price of a coin might rise or fall after a player deposited it, and shift the total value change of a gambling session to either side. But Bitcoin is a bit less volatile that altcoins, so it's safer to use it for gambling. As for fees, it can be solved by depositing larger amounts once per month, for example, although it requires more self-control to not spend it all too quickly.

OshiHugo

sr. member

Activity: 294

Merit: 250

Oshi.io

Hi guys!
It has been a few crazy months for bitcoin and its price. Did that affected your gambling activities? Are you considering switching to for example Etherum?
What do you think is the greatest advantage and disadvantage of bitcoin gambling?
Yours OshiHugo, oshi.io casino CM

Topic: Switching to Etherum - page 4. (Read 1120 times)