The Bitcoin value has skyrocketed since August 1st, leaving a positive impact on players’ account balances at many online casinos. The current worth per unit is around $4,300 and many players with fixed portions of electronic money have now increased their chances of winning an equal to a colossal jackpot. The value surge has also popularized casinos with cryptocurrencies, making the entire situation a winner.
Many players are switching to sites offering digital currencies, as Bitcoin’s value continues to bloom globally. The number of online bets that include this currency has risen and now represents one-fifth of all the wagers in the industry. Even the currency investors have made profit since the fork, due to the additional $15 billion, that were plunged in market capitalization.
There are a lot of benefits in using such currencies, most of which relate to anonymity, security and transparency. Transactions are safer and more open, which instantly puts suspicious operators and ’grey markets’ out of the picture, thus leaving space for high-stake bets and professional players.
The sudden surge is directly connected to global political tensions and the investors have recognized the currency as the safest back-up alternative. Demand has greatly increased the value and further increment is yet to be seen. Many countries are accepting it as a standard banking option, as it becomes more and more secure in terms of legitimacy.
According to the latest surveys, the value of the currency is going to keep on rising and now is the time for gamblers to decide whether they should cash in or wait for that life-changing jackpot and pick up the grand prize quietly over night.
norman222
7 years ago
Sr. Newbie
I wonder with bitcoins how is anti-money laundering handled. All other deposit methods are strongly tied to your name, while here there is anonyitiy to certain level. And still the volatility of the currency is an issue to me. Until I am able to pay for everything in daily life with it, then still my primary currency and...
I wonder with bitcoins how is anti-money laundering handled. All other deposit methods are strongly tied to your name, while here there is anonyitiy to certain level. And still the volatility of the currency is an issue to me. Until I am able to pay for everything in daily life with it, then still my primary currency and therefeore exchange rate is what I will have to check.
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zuga
7 years ago
Admin
It is a gamble to hold onto too many coins given how volatile it is, but looks like BTC will keep rising .
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jade
7 years ago
Super Hero
That is my problem. When to cashout those coins. I mean, who knows how high they will go. Sometimes the value drops for several days and I say to myself, oh no, is it gonna crash. If 'bitcoin' crashes, I'll loose it all. Then, a couple days later, it stats going back up. What to do, what to do...........
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