Topic: Will halving affect gambling sites ? - page 2. (Read 1725 times)
Gambling sites have house which always win if players win or loose.Bitcoin halving will not make them any loss.People still are crazy to make quickly and fastest money without effort.Bitcoin price is not very high that it should have any effect.It Bitcoin's price will reach much higher then too people see value always in fiat which will remain same with difference in conversion ratio.
How will bitcoin price after halving affect gambling websites that offer 2X and also 3X returns ? will they also turn into a scam ? what is your opinion ?
I can give a statement if the halving will not give an effect for gambling site because it's only changed on a rate. And all continue as usual but maybe their customer or users will increase because the effect of halving they can get a more profit if they want to exchange their profit on bitcoin form into fiat currency or local money. I sure they will not turn into a scam. How will bitcoin price after halving affect gambling websites that offer 2X and also 3X returns ? will they also turn into a scam ? what is your opinion ?
In my opinion gambling isn't that kind of websites (websites that promise 2x or 3x on 24hours or 101 hours are scam and don't need halving to disappear, they disappear when they have its target of bitcoins stolen).
From my point of view there is no reason why halving will get affect on gambling because they house edge to make profit there than we don't need to be worry about it, only cloud mining sites have some risk there so that gambling will be running smoothly after this.
From my opinion, it will not affect Gambling sites or any other site, But will defenitly affect the cloud-mining.
As their reward will be halved, they will not be able to cover up the prices they spent on miners.
It is directly 50% loss for miners.
~Dr.Famous~
As their reward will be halved, they will not be able to cover up the prices they spent on miners.
It is directly 50% loss for miners.
~Dr.Famous~
I have my opinion by saying that halving of block will have very good impact on gambling sites business.There are many people still having Bitcoins bought or won on old prices.The more price reaches higher the more it will be good for sites owners.People always have eyes on the reward/winning amount when they start to gamble on any place.It will effect gambling sites but in positive mode not in bad way.
I also think block halving would not leave any negative impact on gambling site because some gambling sites are doing very honest job and providing legit services, when they already making a lot of profit than why should they will run with gamblers money and i am pretty sure they will continue with the same way.
How will bitcoin price after halving affect gambling websites that offer 2X and also 3X returns ? will they also turn into a scam ? what is your opinion ?
Halving does not directly affects someone or anyone besides the miners. Why would it affect the gambling sites which offers big winnings?This might happen if you are already using some shady site, but I seriously doubt that any of the reputable well known sites would do something like this. They are in it for the long haul, they are already designed to make them money. They would make a lot more money in the long run if they continue running honestly rather than running off with chump change.
I agree. To build up a good reputation is not an easy thing to do. Now they did it and that's why they are making money with their sites. If they want to stop what they are doing and "run away" with money they can just sell their sites instead of robbing people who have trusted them.
No,halving should not have any negative affect over gambling industry as the ratio of winning in value remain same.Bitcoin has reached to new floor in comparison where it was few weeks ago.Bitcoin is of ease and to ensure maximum privacy with access to more games.It will keep dominating the online gambling industry regardless of the prices.
How will bitcoin price after halving affect gambling websites that offer 2X and also 3X returns ? will they also turn into a scam ? what is your opinion ?
Halving does not directly affects someone or anyone besides the miners. Why would it affect the gambling sites which offers big winnings?This might happen if you are already using some shady site, but I seriously doubt that any of the reputable well known sites would do something like this. They are in it for the long haul, they are already designed to make them money. They would make a lot more money in the long run if they continue running honestly rather than running off with chump change.
How will bitcoin price after halving affect gambling websites that offer 2X and also 3X returns ? will they also turn into a scam ? what is your opinion ?
they may not turn into scam but they will take a big hit if the bitcoin price goes higher.
because just as they reduce the payment for their signature campaign , users will also make smaller bets and many will even quit gambling because their earning is reduced too.
I think the halving will not affect the gambling sites and the price of bitcoin also will not affect the gambling sites. Because halving and gambling is different thing.
It will affected to bitcoin gambling world, but nor directly. With the halving day coming and push the bitcoin price it can make more businessman interested to build a new casino.
And sure they build a casino to earn bitcoin that increases during and after halving day.
People will keep betting 1mbtc instead decreased to 0.8 mbtc right?
And it is gonna be casino advantage in that gaps, if you think to it and have money enough to build a casino you will do it , it is an opportunity.
But, don't forget that the player also could earn more profit if they win.
halving is going to affect gambling site, when bitcoin price is high people who play gamble for fun is going to think twice before gambling using bitcoin, and then the stake of the gambling is going to be high because normally we used fiat as a comparison in bitcoin
I think the halving will not affect the gambling sites and the price of bitcoin also will not affect the gambling sites. Because halving and gambling is different thing.
It will affected to bitcoin gambling world, but nor directly. With the halving day coming and push the bitcoin price it can make more businessman interested to build a new casino.
And sure they build a casino to earn bitcoin that increases during and after halving day.
People will keep betting 1mbtc instead decreased to 0.8 mbtc right?
And it is gonna be casino advantage in that gaps, if you think to it and have money enough to build a casino you will do it , it is an opportunity.
The only way I could see it affecting them is lowering the chip amount. So let's say BTC hits $5k they might make 1 chip .0001 BTC instead of .001 to off set the cost to the gambler.
Other than that I can't think of anything that also wouldn't affect everyother site.
Other than that I can't think of anything that also wouldn't affect everyother site.
How will bitcoin price after halving affect gambling websites that offer 2X and also 3X returns ? will they also turn into a scam ? what is your opinion ?
I think this is the wrong idea
gambling site owners benefit every day so what is their reason for scam ?They will continue to benefit every day if they commit fraud means that they miss the opportunity to earn greater profits in the future
Now I ask you:
What your options get $ 100,000 now or $ 10 per day
Well that's what I mean bitcoin will continue to be used to pay the player wins I'm sure the site owners benefit every day
unless a new site is being held promotions the majority of them will lose money in the beginning and it was a natural thing
How will bitcoin price after halving affect gambling websites that offer 2X and also 3X returns ? will they also turn into a scam ? what is your opinion ?
I think this is the wrong idea
gambling site owners benefit every day so what is their reason for scam ?They will continue to benefit every day if they commit fraud means that they miss the opportunity to earn greater profits in the future
Now I ask you:
What your options get $ 100,000 now or $ 10 per day
How will bitcoin price after halving affect gambling websites that offer 2X and also 3X returns ? will they also turn into a scam ? what is your opinion ?
Halving does not directly affects someone or anyone besides the miners. Why would it affect the gambling sites which offers big winnings?If a gambling site is legitimate I believe they will settle for a long time profit and not a one time money scheme.
I think people gamble less amount of btc since the same btc they had from before is of a higher amount right now. But the dollar value for the gambling sites will remain the same. Once however the price goes down again post-halving, then the small losses on value will be realized.
How will bitcoin price after halving affect gambling websites that offer 2X and also 3X returns ? will they also turn into a scam ? what is your opinion ?
I think this is the wrong idea
gambling site owners benefit every day so what is their reason for scam ?They will continue to benefit every day if they commit fraud means that they miss the opportunity to earn greater profits in the future
Now I ask you:
What your options get $ 100,000 now or $ 10 per day
Jump to: