What are the advantages of Bitcoin casinos?
As technology progresses it makes its way through every aspect of our daily lives like work, relationships, and entertainment. Blockchain gave birth to cryptocurrency which is spreading so rapidly that we can now use our digital currency for shopping, various payments, even test our luck at an online btc casino.
All the benefits of blockchain including anonymity, security, fast transfers, and absence of conversion losses are awaiting you with Bitcoin casino gaming. Nevertheless, let’s take a more profound gaze at some of the most important features of this sort of entertainment.
Anonymity – BTC Casinos don’t require personal information
Gambling is not allowed in many countries, both online and offline. However, when it comes to Bitcoin casinos any form of restriction becomes obsolete. Instead of filling out your personal information forms and providing credit card information, BTC casinos like FortuneJack are keeping your activities anonymous. Not only when making a deposit, but your information is also not requested even when you make withdrawals.
Licenced Bitcoin casinos are Safe and Secure
Thanks to the blockchain technology, and it’s decentralized nature, your activities are perfectly safe, as are your winnings and transactions which are performed under strong encryption. Furthermore, all the transactions are strictly peer-to-peer, which means no third-party entities are involved. In addition, with two-factor authentication, you can make sure that all your actions are authorized by you.
Bitcoin casinos offer Variety of Promotions
It’s always nice to feel appreciated for your loyalty, and Bitcoin casinos really know how to show their appreciation. There are always some promotions and bonuses available for players including free spins, bonuses on certain deposit amounts, partial retribution of monthly losses and others.
Another perk of blockchain technology includes almost instantaneous. There is no need to wait for days until the money is at your disposal. With regular casinos, it can take days until you have the money in your hands, and the transaction fees are always a rip-off.
A casino is only as good as the entertainment options it can provide. Bitcoin casinos are nothing less entertaining than regular online casinos, or brick and mortar for that matter. The choice of games varies depending on the provider; however here are some of the most notable gaming options.
Bitcoin dice is a well-known game of luck with fixed house edge where the player rolls the dices and bets on the outcome of the roll.
Bitcoin roulette is another famous game where player bets where the ball will end up once it’s dropped on a spinning wheel.
Bitcoin Blackjack is a card game where the player needs to beat the dealer by scoring closer to 21. Most Bitcoin casinos provide a versatile choice of Blackjack games.
Bitcoin Slots don’t differ from those you could play in Vegas. There are all kinds of slot games like 3D slots, Video slots, and classic slot games where all you have to do is to chip in and wait for the coins to start raining.
It’s important to know that there’s someone looking after your best interests while you’re having fun. With 24/7 support available you can address any issue that comes in your way. Most casinos have their own knowledge base as well, which is often more than enough to settle any perplexity.
Bitcoin (BTCUSD) weekly forecast on February 18 — 24, 2019
Cryptocurrency Bitcoin (BTC/USD) is trading at 3587. Cryptocurrency quotes are trading below the moving average with a period of 55. This indicates a bearish trend for Bitcoin. At the moment, cryptocurrency quotes are moving near the upper border of the Bollinger Bands indicator.
Bitcoin (BTCUSD) weekly forecast on February 18 — 24, 2019
As part of the Bitcoin exchange rate forecast, the test level of 3820 is expected. Where should we expect an attempt to continue the fall of BTC/USD and the further development of the downward trend. The purpose of this movement is the area near the level of 2700. The conservative area for selling Bitcoin is located near the upper border of the Bollinger Bands indicator at the level of 3850.
Cancellation of the option to continue the decline in Bitcoin will be the breakdown of the area of the upper border of the Bollinger Bands indicator. As well as the moving average with a period of 55 and closing of quotations of the pair above the area of 4250. This will indicate a change in the current trend in favor of the bullish for BTC/USD. In the event of a breakdown of the lower border of the Bollinger Bands indicator bands, we should expect an acceleration of the fall of the cryptocurrency.
Bitcoin (BTCUSD) weekly forecast on February 18 — 24, 2019 implies a test level of 3820. Further, it is expected to continue falling to the area below the level of 2700. The conservative area for selling Bitcoin is located area of 3850. Canceling the option of falling cryptocurrency will break the level of 4250. In this case, we should expect continued growth.
BTCUSD Analysis: Bitcoin still trading in a bearish consolidation [Video]
Any upside moves are classified as corrective ahead of what could be the next downside extension and bearish continuation. It would take a break back above 4,380 at a minimum to take the immediate pressure off the downside. Next critical support comes in the form of the July and September 2017 lows, around 2,000 and 2,975 respectively.
In this analysis, we take a look at Bitcoin each day, highlighting all of the need to knows for anyone looking to extract up to date information about major levels and relevant trends, both short term and longer-term. The analysis is designed for the trader, investor and even those simply holding the crypto asset, looking for an idea of where they may want to consider making that next conversion.
The cryptocurrency update is new each day and is presented with an added layer of animation, in an effort to make the analysis as engaging as possible, while also communicating the message with respect to key trends and levels in an easy to understand, seamless manner with great value add to all.
Are Central Bank Digital Currencies (CBDCs) Net Positive Or Negative For Bitcoin And Crypto Assets?
Central Bank Digital Currencies (CBDCs) have been analyzed by several banking institutions around the world, specifically by several central banks in different countries. However, they are different than virtual currencies such as Bitcoin (BTC). How would the issuance of CBDCs affect Bitcoin and the whole crypto market?
There are some important differences between Bitcoin and CBDCs. For example, Bitcoin is permissionless, decentralized and censorship-resistant while CBDCs are permission, centralized and censorable. Thus, they are almost contrary to Bitcoin. While the most popular cryptocurrency provides freedom to users, CBDCs allow governments to have larger control over their populations.
A few days ago, the popular investment bank JP Morgan unveiled a stablecoin called JPM Coin that would be used to make transfers between customers in just a few seconds. Although JP Morgan’s CEO Jamie Dimon has been against virtual currencies, it seems that the bank will be using blockchain technology to power their virtual currency.
There were several individuals in the market claiming that the new JP Morgan digital coin killed Bitcoin, or at least, it is going to kill the most popular cryptocurrency in the market. However, it is important to understand that these coins will never be similar and work in a completely different way. CBDCs and stablecoins issued by financial institutions such as JP Morgan work in a centralized and controlled way.
Indeed, these new digital assets do not seem to present a threat to cryptocurrencies such as Bitcoin. SWIFT could be affected by these new coins. SWIFT is the mainstream and most popular system to perform cross-border payments. This system has proven to be slow and costly for many financial institutions and banks all over the world. Indeed, Ripple’s services could also be affected by the growth of new CBDCs.
CBDCs legitimize that virtual currencies are the future of money. Because of this, it might be possible for Bitcoin to distance itself from drugs and criminals. At the same time, with CBDCs individuals will discover that there are several advantages of using digital assets.
Individuals will clearly have their funds frozen at any moment using CBDCs if the financial institution regulating the asset decides so. Moreover, their accounts can be suspended and users would not be able to use these funds anymore.
There are some crypto experts that believe that CBDCs could be very harmful to societies. For example, China is currently trying to control its population with new surveillance systems related to how individuals use their funds.
Crypto fiat (i.e. government controlled permissioned cryptocurrencies) will be the biggest battleground globally for human rights over the next decade. China is leading the way, many other countries, including some big western democracies, will follow. https://t.co/8BqfmBJ2mP
— Ari Paul (@AriDavidPaul) February 13, 2019
With CBDCs, people will realize that there is no more freedom and that the government is ultimately controlling everything. This is why Bitcoin could grow as a safe haven where users can feel free to use their funds as they want without being controlled by governments.
That does not mean that Bitcoin will be used to perform illegal things. It means that users will protect their privacy and what they do with their funds.