Whats about the Gambling, when Bitcoin is going up? - page 5.

Jasad

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= jasad =

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 dont think that bitcoin price give impact or any effect for gambling industry,bitcoin gambling is always growing and not depend on bitcoin price,not matter how much bitcoin price drop or going up,gambling stay grow,maybe just some people stop playing gambling because they rather to safe their bitcoin.

XERES

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A real gambler don't care about the price they keep gambling with bitcoin no matter is the rate going up or down, well if for me i still afraid to gamble when bitcoin going up.

crairezx20

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Same here i also relying in bitcoin price usd is my main not in bitcoin so that i can calculate how much i lose..
Its really affect the price and you will reduce your bets.. unlike rich man they can still can bet the same as before.. even the price of bitcoin is high..

eternalgloom

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Well it depends if the gambling site in question converts your Bitcoin deposit into fiat to play on the site or not.
If not, you're forced to play for higher stakes than normal and I think most people would be less inclined to gamble.

Maybe not if they were holding Bitcoins from when the price was lower.

fulgdenea

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Normally i placed my bet into USD instead of bitcoin so that now i am going with less amount of bitcoins by placing bets into amount using US dollars, i think that good sign for me because now i have to take risk of low amount of coins for betting but profit/loss is same before current rise.

bithasher

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I think another reason to gamble more to get more profit as bitcoin is going up.I don't see any negative effect of this increase in price.It can be doubled still people will keep betting.Actually there is no loss of value anyhow you loose or win same value.So I also am playing same and all this is seamless for me.

JeffBrad12

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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?

YYeah, growing up a price of bitcoin will have any effect for gambling, make a some people more ambitious to gain many profits. So, maybe some users gambling will increase because a chance to make a profit is growing too. Well, let's see the bitcoin price effect for gambling.

Red-Apple

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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?

growing up?!!
actually i think it is the other way around. it means people are less willing to gamble because they will lose more money now that the price has gone up.

Babayega31

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i dont think it would affect because most of gambling site are based on USD for their bet amount thats why even if price of bitcoin is high its no effect because it still de same betting amount.

ajaxmoor

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I feel gambling urge increases when prices fall, because people try and recover their losses from the price drop by gambling. With increase in prices gambling generally goes down.

btcltccoins

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Quote from: marioantonini on June 02, 2016, 06:42:35 AM

if you understand tradig, for me can is gambling.
i use more bitcoin to sporting betting, but in my head i think "today i can spend 50 euro" and i spend all the bitcoin amount for 50 euro, if bitcoin up or down for me not is different in my bet

That's all mean, it doesn't matter, when ever bitcoin price, if Bitcoin going up or down.
Its mean bitcoin is depend on gambling but gambling is not depend on bitcoins.
We are playing gambling because we want to play it and we want to win the bitcoins but both are different ways bitcoin and gambling.

marioantonini

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if you understand tradig, for me can is gambling.
i use more bitcoin to sporting betting, but in my head i think "today i can spend 50 euro" and i spend all the bitcoin amount for 50 euro, if bitcoin up or down for me not is different in my bet

btcltccoins

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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?

Topic: Whats about the Gambling, when Bitcoin is going up? - page 5. (Read 2550 times)