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Bitcoin Gains Popularity With Online Casinos

Discussion in 'CASINO NEWS' started by Mben, Dec 27, 2016.

  1. Mben

    Mben No Deposit Forum Administrator Staff Member

    Don’t look now but the anonymous digital currency Bitcoin is trading at its best level in more than three years, now at $929.

    The cybercurrency once synonymous with shady industries like the illicit drug market has now gone mainstream. It is among the most popular payment methods now utilized by the online gambling sector.

    Bitcoin was trading at $432 to start the year. Political events around the world – primarily Brexit in the UK and the election of Donald Trump in the US – are said to have contributed to Bitcoin’s increased popularity.

    Bitcoin briefly traded at a peak above the $1000 mark in 2013. The online gambling industry had shunned the anonymous digital currency at the time due to its perceived close ties to the so-called “Dark Web”. I-Gaming companies also expressed security fears.

    Sookie likes this.
  2. Mobilecasinos24

    Mobilecasinos24 NEW MEMBER

    Expect more from bitcoin to shoot up the sky. I have a bitcoin and most of the time I use it on casino that accept bitcoins. Very easy and much faster to transact compare to dollar.
    Mben and Sookie like this.
  3. Mben

    Mben No Deposit Forum Administrator Staff Member

    I still don't use Bitcoin. :confused:
    Sookie likes this.

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