Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: owmivmen on June 07, 2018, 03:56:03 PM
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Soon the world cup will begin. many gambling sites that provide bets for world cup using crypto. what do you think is the price of crypto going up because gambling enthusiasts are increasing at that time?
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Now the market is full of negativity, so I do not think that minor good news will be able to change something. Let's see.
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First of all, we need to determine the relationship between world cup and the price of Crypto before drawing Co nclusion on the question.
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I think the world cup will not greatly affect the crypto. The gambling a small part of the cryptocurrency market.
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The world cup will have great impact to crypto price when crypto have role to that activity. If crypto is related with world cup then I'm pretty sure the price of coins in the market place will increase due to world cup demands influence.
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To my understanding the price of coins drop especially when they are be spend often while it goes higher when people hold so I think World Cup will have negative impacts or effect on cryptocurrency price since most gambling site accepting crypto for bets are set for actions and crypto currencies will be used instead of holding which I believe it will leads to price drop.
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Lol if this is the cause of the World Cup, can we go ahead and just end it now? :(
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Not sure of what you mean by the statement "...let end it now" but i think if crypto are gonna be used this worid cup periods, then it obvious that it gonna drive the demand of cryptos very high there by limiting the supply of cryptos, and the results is high prices of cryptos in used for gambling. When we have limited supply and higher demand, price normally pump up as with demand & supply principles.
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I think it's less exciting than the FIFA World CUp effect on cryptocurrency.
because the proof yesterday the price of Bitcoin remains as usual there is no fantastic price increase.
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Soon the world cup will begin. many gambling sites that provide bets for world cup using crypto. what do you think is the price of crypto going up because gambling enthusiasts are increasing at that time?
It depends on the gambling site that uses crypto coin to use it as a gambling currency. But surely, I think the price will be the same, only the popularity of the coin I guess will rise though.
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Soon the world cup will begin. many gambling sites that provide bets for world cup using crypto. what do you think is the price of crypto going up because gambling enthusiasts are increasing at that time?
actualy world cup is finish now,but as i monitor the crpto market caps,everythings has no changes and effect,theres no price increases of all value of crypto coins in the market now even though the worlds cup contribute most in gambling community by using some crypto coins in betting.
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The World Cup is over, but I see no significant influence on the development of cryptocurrency caused by the world cup in Russia yesterday.
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Soon the world cup will begin. many gambling sites that provide bets for world cup using crypto. what do you think is the price of crypto going up because gambling enthusiasts are increasing at that time?
I think world cup donnot affect the price of crypto. I think the main factor is demand and supply.
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some time ago I predict if the price of bitcoin will rise when the world cup takes place. as you said that many gambling sites use bitcoin as a bet, so I also think this will be good news for the price of bitcoin. but unfortunately not, the price of bitcoin actually dropped at that time.
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More or less the effect of crypto demand for crypto will have some changes. People either withdraw their crypto to bet on world cup or enter the crypto and use crypto to bet on world cup.
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really your opinion. most likely, crypto will be used in world cup bets. and that will be used by gambling mafia in this bet. this is good information, because the crypto trend will increase and this will increase the selling price in the market. what is clear is that it is very profitable.
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I think that can also greatly affect the price of bitcoin but that is also not much, because we know that prices are currently in a downward trend and this will end at the end of the year.
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This is what I think is new and few use crypto to bet. I think it's more using fiat or money.
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i don't think this is related to bitcoin even this is not have an effect for the market price because bitcoin and world cup it clearly different even though possible to increase the economic of Russia because most of tourists will watching live games at that country but it will not makes an effect for bitcoin but maybe sport betting sites will increasing their players because most of people will placing bets for every games during world cup.
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More or less the effect of crypto demand for crypto will have some changes. People either withdraw their crypto to bet on world cup or enter the crypto and use crypto to bet on world cup.
It will affect the price and the demand of crypto because of it's popularity to stablesh a propaganda on any internet/networking related or at tv that's the reason causes the demand of crypto and in return a good price come.
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The world cup is a soccer party all over the world, and I really like football, and I think this world cup will affect bitcoin prices and experience price increases. But what we want is precisely inversely proportional.
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every thing has no changes and effects, there is no price increase of all crypto coins in the market now even though the world cup contributes the most in the gambling community by using a few crypto coins in bets.