Gambling – The Easiest Way to Double your Bitcoins
The Gambling Industry is one of the industries that have grown a lot since Bitcoin first appeared. Since Bitcoin was the perfect currency to be used in the internet, online Casinos have been thriving since 2012. The Gambling Industry is one of the industries that has grown a lot since Bitcoin first appeared. Since Bitcoin was the perfect currency to be used in the internet, online Casinos have been thriving since 2012. Since Bitcoin first appeared, many businesses such as Ponzi and pyramid schemes have embraced it in such manner that it has given a bad name to the currency. In fact, many....
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Betting on U.S. elections is illegal. But according to Brett Arends, a columnist for MarkeWatch, there isn’t much the government can do to stop you from betting with bitcoins. For one thing, bets can be made anonymously on offshore gambling sites. For another, bitcoins are considered property by the Internal Revenue Service, so gambling with bitcoins is like gambling with jelly beans. Arends described how he recently bet on presidential candidate Rand Paul in Monday’s Iowa caucuses. Last week, he placed a bet using bitcoins in downtown Boston’s Chinatown. He bought a bitcoin voucher from....
What are gambling transactions doing to the block chain? According to Jeremy Liew, a partner at Lightspeed Venture Partners, a large percentage of bitcoin transactions are gambling-based. With a block chain now over 9Gb in size, and becoming increasingly tedious and difficult for new clients to download, that's becoming a problem. How are gambling-based transactions contributing? Liew points to the most recent available financial report from SatoshiDice, which is the most popular bitcoin gambling site. That site processed 5,222,994 bets in 426 days of operation (that's an average of 12,260....
Dragon’s Tale is a Bitcoin-based online casino like no other. Its originality has introduced a completely new gambling genre in the whole Bitcoin gambling Industry. Dragon’s Tale has been around since 2012 and is also one of the oldest Bitcoin casinos in the digital currency ecosystem. Since its inception, Dragon’s Tale has tried to develop a community empowered casino where players could also enjoy the pleasure of playing an adventurous role play game while being able to gamble in the most exotic casino-based mini games ever. One of the coolest things in Dragon’s Tale is that anyone can....
Dragon’s Tale developed a new gambling style, mixing an adventure style role play game with the joy of playing casino based games. Dragon’s Tale is a unique game, and the first of its kind. Dragon’s Tale was the first Bitcoin Casino game to offer its users the chance to play a role play game where they can complete tasks, engage the community and earn some real bitcoins. Dragon’s Tale developed a new gambling style, mixing an adventure style role play game with the joy of playing casino based games. One of the simplest and easiest games that players will usually find across many of the....
When it comes to online gambling versus traditional bricks-and-mortar casinos, the internet has the upper hand. Online casinos don't have to hire a bunch of employees, build fancy edifices or wow gamblers with marketing tactics to bring them in. On the other hand, internet gambling in the United States operates in a grey legal area. Online casino operators get away with it by hosting their sites outside of US borders in places like Costa Rica. It's a profitable business to be in: according to the American Gaming Association, online gaming is a $4-6 billion market. That's precisely why....