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The Fluctuations of Crypto


Aluk30

Featured Comment

Posted

Hi Guys.This is my first post but i already join stake for like 5+ months..

So i have an opinion,how about adding a stablecoins (USDT,USDC,TUSD..).

The recent drop of BTC from 10.1k to 8k ranges really hit my stake winning amount..say that i won 0.01btc at 10k so that mean i was profit with $100..but after the price drop the profit reduced to only $80..thats a great price decrease..

Why i feel that stablecoins will be a great addition is because the price didnt fluctuate ,easier to identify how much money you won already and it would fill the gap of $1-10 range coin in stake..

Thanks for reading,and english is not my first language so dont judge me..hehehe

Posted

yes if you see the price of the coin tends to survive is not affected by the BTC exchange rate but whether the stkae will see in terms of where the coin is worthy or not added to the stake game usually see the number of requests from the players.

Posted

People don't see value while they see profit in crypto coin. While you have huge profit all will be happy to see it. If you have 1 btc profit people will value you. No matter when you get it. Lol but true if they show it as stable coin we can learn about the real profit in fiat money value. 

Posted

I know right, I want it to rise back to 10k or something so I feel better about myself and not having it drop as much and so I can actually preliminarily tell how much I won easier.

Posted

I think so many users don't think about price I don't think when I play price go down or up if price down I wait for price go up ,

Mostly when I play I calculated some high value to Btc for example if 0.0001 Btc for 1 USD I calculate 0.00015 to 1 usd

Posted
Quote

The recent drop of BTC from 10.1k to 8k ranges really hit my stake winning amount..say that i won 0.01btc at 10k so that mean i was profit with $100..but after the price drop the profit reduced to only $80..thats a great price decrease..

Yes it is the problem. That's why I really loved when btc price was $10k because it was so easy to calculate and 0.01 was simply $100 :) I even said here on the forum that I would love this price to stay forever and at the same time bitcoin would become stable coin. Unfortunately it didn't happen and now God knows how the price will change :/ 

Posted

I don't think that's good enough, considering that this site is a large site and with a number of gamblers above 1000 people, the addition of Stablecoin doesn't seem to be commensurate with this site.
although the price of btc, eth or other coins has decreased dramatically, at least the coins at stake at stake are the sum of the most expensive coin in crytocurrency, and that is correct.

Posted

That's actually a good idea. On the other hand, i think it would take so much time for stake if they'll consider your suggestion. Stake is known for supporting cryptocurrencies only, adding stable coins such as those mentioned in your post would require them to analyze about what would be the effects of these to the site and to the clients. They won't be able to decide directly. To be honest, it's not a bad idea, but it's all up to the stake team; whether they'll find it advantageous for them and for all or not. Thanks by the way for the nice idea :)

Posted

now its happenning btc drop to 7.4k in only matter of minutes wiping $400 dragging altcoins with them..and looking at the chart it might drop to 7.2k or to really hard support line at 6.8k..if we breach that 6.8k line..idk where we gonna drop already..luckly i already tethered all my win :)

Posted
3 minutes ago, Aluk30 said:

now its happenning btc drop to 7.4k in only matter of minutes wiping $400 dragging altcoins with them..and looking at the chart it might drop to 7.2k or to really hard support line at 6.8k..if we breach that 6.8k line..idk where we gonna drop already..luckly i already tethered all my win :)

Well crypto price always fluctuate. Stake is a casino for crypto gamblers. People like to play here with any crypto. Adding stable coin won't be bad. But still people will prefer to play with crypto. If you fare about price drop always wd and covert your profit as you did this time!!

Posted

Well if i will be asked, i will exchanged it imeediately to fiat so i cant feel the fluctuations you're feeling right now

 im not that kind of person who hodls coin, since i knew it from the start that the prices is dynamic and can change even on a single seconds

minute hour or year :)

Posted
On 10/22/2019 at 10:56 PM, wngo123 said:

Yes it is the problem. That's why I really loved when btc price was $10k because it was so easy to calculate and 0.01 was simply $100 :) I even said here on the forum that I would love this price to stay forever and at the same time bitcoin would become stable coin. Unfortunately it didn't happen and now God knows how the price will change :/ 

aint it the same xD? 
like the same way you know 0.01 is 100 when btc is at 10k 
the same way you know 0.01 is 80$ when btc is at 8k 
if you ask me its the same thing lol 

Posted

that's a good idea, but because crypto has a fluctuating price, it will certainly be a benefit if you win 0.01 btc and the price is 12000 $. I mean what if the price of BTC goes up and you only have stable coins? of course you will buy btc at a high price.

Posted
23 hours ago, valera1557 said:

they will not add coins here, they will not play forever, we will only play cryptocurrency

all depends on the request of the player on its basis. however, I don't think the addition of coins to stake is necessary. considering the king of the king in cryptocurrency is already in stake and all of it is used in betting. that's why I think that the addition of new coins at stake is not so important. however it is all staff staff policy

Posted

this is a crypto currency casino, i dont think they will ever gonna add stable coin here, because if they had to do this, they could add e-currencies here ist, like perfectmoney, skrill, paypal, netller etc.

but they made this casino pure for crypto, and i think this is the beauty of crypto you cant predict what price you are going to get when you are going to sell or buy crypto, it can go both side, in your favour or agains and same thing is gambling you dont know wether you gonna win or lose.

Posted
On 10/28/2019 at 2:42 AM, sahil777 said:

this is a crypto currency casino, i dont think they will ever gonna add stable coin here, because if they had to do this, they could add e-currencies here ist, like perfectmoney, skrill, paypal, netller etc.

but they made this casino pure for crypto, and i think this is the beauty of crypto you cant predict what price you are going to get when you are going to sell or buy crypto, it can go both side, in your favour or agains and same thing is gambling you dont know wether you gonna win or lose.

right friend, it looks like stake won't add stablecoin to stake. because basically the stake wins the casino that specializes in betting only using cryptocoin. and not others. and that characterizes the stake with cryptocurrency which other casinos don't use

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