Whats about the Gambling, when Bitcoin is going up? - page 3.

upsidedown75

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Quote from: btcltccoins on June 02, 2016, 06:16:42 AM

You know in these days Bitcoin is going up.
So when bitcoin's price growing up than the users of bitcoins feel very exciting and
So i want ask when Bitcoin going good than have any affect on Gambling?
Is it Gambling also growing up?

Yes, obviously affect on gambling. For example before when price was low I can bet for $1 now bitcoin price increased I can bet for double like $2 my bitcoin still have same fraction but value increased and I can make profit double. I am pretty sure Gambling also growing up along with bitcoin price appreciations.

Cresciuanto

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as the bitcoin is increasing the rate of gabling is also increasing. most of the people start taking interest in gambling.

fullypak

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yes Bitcoin price is increasing daily and price variation is very high but I think there is no such difference we see in gambling. Yes i think now players are increased because if they win the bet it is big profit because BTC price is increased. So there is nog difference we see now. Later coming days if BTC price is started to go down means that time we may see any difference.

OrangeII

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Quote from: StoreBit on June 14, 2016, 02:09:53 PM

I think it is increasing he rate of gambling too. because people are earning money in bitcoin as its rate id raising up. so they are investing more and more money in casiono too.

Well I guess they combine gambling and trade, while they make money from the casino, they might as well wait bitcoin prices rise, so when the price rose to a high bitcoin, they can benefit greatly

Superbitzz

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it make more eager the people. i think the gambling will also get a boosting when its rate is going high. when people are getting money through bitcoin they will certainly use it in gambling specially those people who are addict of gambling.

StoreBit

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I think it is increasing he rate of gambling too. because people are earning money in bitcoin as its rate id raising up. so they are investing more and more money in casiono too.

roadbits

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Quote from: btcltccoins on June 02, 2016, 06:16:42 AM

You know in these days Bitcoin is going up.
So when bitcoin's price growing up than the users of bitcoins feel very exciting and
So i want ask when Bitcoin going good than have any affect on Gambling?
Is it Gambling also growing up?

No according to me Gambling site bit low now because Bitcoin price is growing up day by day that too huge increment. So i think people are stop playing gambling and many people are started to sell there bitcoins for high amount. I don't know others but now i am control my betting stats i do just small betting that too when i am interested not regularly.

Avirunes

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Quote from: btcltccoins on June 02, 2016, 06:16:42 AM

You know in these days Bitcoin is going up.
So when bitcoin's price growing up than the users of bitcoins feel very exciting and
So i want ask when Bitcoin going good than have any affect on Gambling?
Is it Gambling also growing up?

I don't think it will affect very much.Some gamblers may try to deposit low amount of bitcoin but some may not as they may be having gambling addiction problems.Some may also try to play up slow in order to not to lose btc.With bitcoin pacing up I think there will be more gamblers in upcoming time.

Semidetached

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I think most users when they do online Bitcoin gambling they calculate their current fiat to better know how much exactly they're betting. BTC.01 is just BTC.01 but it could be 1000CNY or $100 USD or something like that.

ninomado

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Quote from: btcltccoins on June 02, 2016, 06:16:42 AM

You know in these days Bitcoin is going up.
So when bitcoin's price growing up than the users of bitcoins feel very exciting and
So i want ask when Bitcoin going good than have any affect on Gambling?
Is it Gambling also growing up?

YES, whit higher btc prices, people buy more btc and gamble it

bittrojan

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Quote from: btcltccoins on June 02, 2016, 06:16:42 AM

You know in these days Bitcoin is going up.
So when bitcoin's price growing up than the users of bitcoins feel very exciting and
So i want ask when Bitcoin going good than have any affect on Gambling?
Is it Gambling also growing up?

We already know about bitcoin gambling since bitcin founded,they spread like mushroom,and never got any effect from bitcoin price,however bitcoin price will not make gambling industry fall or lost their users,we know when bitcoin price $300 people keep playing,and then when $550 they more playing.

hua_hui

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Quote from: Ulloa on June 08, 2016, 03:03:34 AM

Quote from: btcltccoins on June 04, 2016, 06:16:48 AM

Quote from: aranachristianjay on June 03, 2016, 01:04:49 AM

I also don't understand the question if gambling is going up, but as on my self point of view if BTC price are increasing which is most commonly the effect of the halving and china's economic distress and a lot of total gamblers invested some of their $ for bitcoins and will sell it later for a higher price then those total gamblers that earned their profit will probably gamble their money for a possible doubling of it which in total increase the users of gambling sites.

And those gambling sites will earned a profit from those gamblers as most commonly they always lose, Like me, it is so seldom for me to win a game.

If you understand that bitcoin is going up, so why you not understand that gambling in going up? if you can't understand so should read the other threads, may be they all have strong mind than you.
But i m clear my point that bitcoin price is going up mean( increasing), so thus gambling is also going up mean ( increasing), mean, what affect on gambling when bitcoin price is in high place?

You can already see now that gambling and Bitcoin works well together and that is because the value of Bitcoin is starting to rise and online gambling is becoming more popular so that is nice.
But it wont be that easy to earn profit in gambling because you have to be lucky if you want to have profit.

It is like a win win situation. Price of btc goes up, holder benefit and more people awares and join in. With bigger awareness, more people will start to gamble and in turn will make btc more in demand and price rise.

lorylore

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Quote from: buddu on June 08, 2016, 04:41:40 AM

I don't see any negative effect on gambling as Bitcoin is going up.It will work same regardless of the value goes up or down.Becasue your possible outcome will have also same value.Gambling will be same even if price to be all time high.Who is to gamble will continue so there is nothing concern about price in my opinion.

The difference will be the amount of btc used to gamble will decrease. I remember when btc was around $50. Betting sites will often have bets like 1btc or 0.5btc. But when the price rose, the amount of btc used to gamble drop. Now a lot of sites used mbtc or satoshi.

fantoos

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If you had Bitcoin for long time or you bought them at low price with intention to gambling later.Then this will help you much more now to multiple your earnings.I am not encouraging to gamble but if you are used to and find yourself in this condition then is great time.This increase in price is good sign for all players who have Bitcoins in their possession.

buddu

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I don't see any negative effect on gambling as Bitcoin is going up.It will work same regardless of the value goes up or down.Becasue your possible outcome will have also same value.Gambling will be same even if price to be all time high.Who is to gamble will continue so there is nothing concern about price in my opinion.

Barbut

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Quote from: btcltccoins on June 02, 2016, 06:16:42 AM

You know in these days Bitcoin is going up.
So when bitcoin's price growing up than the users of bitcoins feel very exciting and
So i want ask when Bitcoin going good than have any affect on Gambling?
Is it Gambling also growing up?

I think that is why bitcoin can have so much success in gambling this days. So when we gamble with btc, when we win its not just win, if btc goes up its also some bonus on earning. Normally that has other side, risk if btc fall then win on gambling is less. But that is the thing with us gamblers, we like risk, and in this times when halving is so close and price is going up like crazy bitcoin gambling is I think on explosion.
Just we humans are greedy, so everyone needs to be careful with this things, risk can pay off but not always. Gamble like you always do, if you win higher price means nice bonus on your winnings and that`s it, don`t force your luck cause in gambling its easy to lose everything you have. In that case price rise for you is not a big deal, you are out of coins. Every good side have opposite bad one, so again "be careful".

Ulloa

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Quote from: btcltccoins on June 04, 2016, 06:16:48 AM

Quote from: aranachristianjay on June 03, 2016, 01:04:49 AM

I also don't understand the question if gambling is going up, but as on my self point of view if BTC price are increasing which is most commonly the effect of the halving and china's economic distress and a lot of total gamblers invested some of their $ for bitcoins and will sell it later for a higher price then those total gamblers that earned their profit will probably gamble their money for a possible doubling of it which in total increase the users of gambling sites.

And those gambling sites will earned a profit from those gamblers as most commonly they always lose, Like me, it is so seldom for me to win a game.

If you understand that bitcoin is going up, so why you not understand that gambling in going up? if you can't understand so should read the other threads, may be they all have strong mind than you.
But i m clear my point that bitcoin price is going up mean( increasing), so thus gambling is also going up mean ( increasing), mean, what affect on gambling when bitcoin price is in high place?

You can already see now that gambling and Bitcoin works well together and that is because the value of Bitcoin is starting to rise and online gambling is becoming more popular so that is nice.
But it wont be that easy to earn profit in gambling because you have to be lucky if you want to have profit.

Capradina

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In my opinion, it depends how the players respond. All of that could turn from our minds when the gamblers have already decided. But I think if the price rises, bitcoin then they will be more eager to do gambling because the price they see far more than they buy. Or it could just be gamblers switch professions into trading

hua_hui

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Quote from: Junko on June 07, 2016, 10:14:56 PM

I think (most) people will adjust the amount they bet as the price of bitcoin changes to maintain whatever their current level of play. In other words, they will bet the same fiat value they usually do, but the the amount of bitcoins they do it with will change depending on the price.

This affects when they keep exchanging btc using fiat so it will be related to them. There is a lot of cases whereby some of them manage to stock up btc when low in value and now they are super rich. However, they will tend to spend a lot like 0.x btc when gambling. It can be a lot but if you have like several hundred, this amount will seems insignificant to you.

relq

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Quote from: btcltccoins on June 02, 2016, 06:16:42 AM

You know in these days Bitcoin is going up.
So when bitcoin's price growing up than the users of bitcoins feel very exciting and
So i want ask when Bitcoin going good than have any affect on Gambling?
Is it Gambling also growing up?

I think the increase on bitcoin's price not affect the gambling. That's only affect the gambler itself, i mean, gambler will reduce their bets because the price of bitcoin is more higher now.

Topic: Whats about the Gambling, when Bitcoin is going up? - page 3. (Read 2550 times)