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1ST MAY 2017, 07:00 PM, people like to play games. It’s an awesome benefit for you to play game bitcoin and get some reward in form of money. While, when you are betting with bitcoin. You surely have a chance to win handsome amount. Playing bitcoin games and making money, online players are in seek of money making the casino. To maintain such type of Casino is much difficult. Fortunately, bitcoincasino.us. is one of the best platforms for your attention. With 24/7 customer support, this casino provides complete anonymity, secure transactions, highest bonus and instant payouts.

Bitcoin Casino for 2017

Games:

Bitcoincasino.us provides more than 300 games. They are unique and different from other sites. This is because players get bored when they saw the same games on multiple websites. Some of the favorite, Tipsy tourist, Fa Fa twins, Aztec magic, Twerk.

Some players play games with proper strategy and skill. They don’t want to lose. For that type of people, this casino offers the table games and roulette. Roulette is with several variations, including all versions either it is European or American. Games with different layouts, payouts or with unique characteristics are available on sites.

The most important reason for its fame is, provides action games with innovative gaming software like Endorphina, BetSoft, and SoftSwiss.  Here, you will surely find the game with existing payouts.

Instant Payments:

When you are playing with bitcoincasino.us, you will get your reward instantly. Whereas, players of other websites are in waiting of their payouts. They process all the transaction as fast as they can. As you know the reward of playing bitcoin earning games, means you will soon withdraw the coins. Let’s have an example of 10 BTC. In process of withdrawal, other sites will take 24 hours. On the other hand, this games site does not need that much time.

Final Thoughts:

It is final, that you do not want to waste your bitcoin on a site who has not the good reputation. Bticoincasino.us is one of the best sites. Who provide instant reward and easy ways to get bitcoin as winnings.

GOOD LUCK!

 

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Overstock & Square Shareholders Are Also Hurt by A Plunge in Bitcoin’s Prices

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Bitcoin Shareholders
Bitcoin’s price has plunged near $10,000 on Tuesday. Companies that have tied their whole wealth to cryptocurrency are also thrashed along with their investors. On Tuesday, Payments Processor Square, which announced the plans to allow for some Bitcoin selling and buying, lost almost $90 million market value. Twitter CEO Jack Dorsey’s company also ended at a regular trading value, $15.1 billion.

 

In the meanwhile, the e-commerce company that allows customers to pay in cryptocurrency, fell by 11%. It ended the day with a loss of almost $200 million and $1.8 billion market capitalization. According to Bloomberg’s report, China is also working on its regulations for app-based and other online cryptocurrency services that are similar to its exchanges.

Square and Overstock aren’t the only companies that experienced these disastrous results. In a past few months, some smaller companies have also announced plans to move into the blockchain space. In some cases, they use the word “blockchain” to get some of the sufficient investor interest for anything even vaguely related to cyrptocurrencies and they’ve also tied themselves to the volatility in cryptocurrency prices.

On Tuesday, shares of Riot Blockchain, once a + firm dubbed Bioptix, shed 17% and Chanticleer, an owner of some Hooters locations, shed 4%.

Eastman Kodak, best known for their cameras, fell 8%. At the end of the month, the company has announced plans to offer a cryptocurrency under the name of KodakCoin, initially sending shares up by 60% on the day of the announcement.

Shares of Long Blockchain (Long Island Iced Tea) shed 2%. On Tuesday, the one-time drink maker declared his plans to merge with a U.K.-based firm, Stater Blockchain, which focuses on developing and organizing globally accessible blockchain technology solutions in the financial markets.

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Bitcoin vs. USD – Why Bitcoin wins this battle

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As Bitcoin goes through another day reaching a new mark and huge publicity, it is important to inform the public what makes it so different from our paper money.

This post will outline the pros and cons of both the currencies and explain why Bitcoin is achieving all the fame and fortune.

USD and other Fiat Currency Systems

Fiat means “simple” which is pretty self-explanatory. Paper money was introduced into the system in 1861 to help fund the Civil War. The printing of paper money is regulated by a country’s central bank in order to keep the flow of money in line with monetary policy. Moreover, the value of fiat currency is not determined by what it’s made of, rather it is the economic laws of supply and demand that dictate its value. They are occasionally updated to new versions containing security features difficult to counterfeit to create illegal copies.

Advantages of USD

  • Can be easily transferred, stored and claimed. You can easily get your cash in physical form with just a single trip to the bank.
  • It has the ability to inflate and deflate accordingly to adjust the impact economic problems.
  • Metals such as gold, are free to be used for commercial purposes, by not being tied to a currency.
  • It is very divisible, flexible and digitally usable. (with the help of credit cards)

Bitcoin & the future of money

Bitcoin was created as a cryptocurrency, by an entity known as Satoshi Nakamoto. People from all over the world can exchange products, credits, and services instantly- without the need for a bank.

The Bitcoin network relies on the blockchain, which is a shared public ledger. It is sort of a database design, where all the nodes hold a copy of the entire blockchain history. These nodes are distributed around the world and attempt to solve complex mathematical equations to confirm a transaction and record it in the blockchain.  The nodes are run by mining pools, bitcoin enthusiasts etc. with high computing power. Therefore, the more the computing power on separate nodes, the more secure the network is.

Advantages of Bitcoin

  • Bitcoin transactions can be carried out instantly. Money can be sent with ease from one end of the world to the other easily.
  • No or very less transaction fees. Bitcoin transactions are extremely cheap with very little or no transaction fees to be charged.
  • It is infinitely divisible. At the moment, 1 bitcoin can only be broken down into million smaller units, which are known as satoshis.
  • There is nothing hidden with Bitcoin, it is completely transparent. We are aware of the supply of bitcoins and with that, we can even predict its future.

 

Should Bitcoin be preferred over digital currencies?

Whenever something new is introduced, there is always a certain amount of fear and resistance present in traders. However, with the rapid growth Bitcoin has shown in the past few years, it is becoming every investor’s need. Even a small investment can show twice the doubling of your deposit in a relatively short time period which is not possible with traditional currencies. Bitcoin has stabilized a lot in the past year and with its short supply and increasing demand, it is definitely not slowing down anytime soon.

To be honest, this is up to your personal preferences. Also, people invest in bitcoin because it shows a good profit in a short amount of time, some do it to learn more about the cryptocurrency world while others just enjoy it. Due to its popularity and drastic growth, I’d recommend everyone to get acquainted with it.

Here’s a graphical representation of the differences of Bitcoin vs Paper money outlined:

 

Tags: bitcoin future, bitcoin news.

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What Are Some Safest Bitcoin Wallets You Can Trust?

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Safest Bitcoin Wallets You Can TrustA Bitcoin wallet is basically equivalent to a bank account for the traditional money. It is used to store bitcoins and make transactions with other users.

Bitcoin’s value has raised incredibly over the years. At the time of writing, one BTC is worth $1174.00 USD and it is expected to go even higher for the upcoming days. Apart from being extremely valuable, Bitcoin has also attracted the attention of hackers from all across the world as they are always developing new techniques to breach the Bitcoin security and steal your coins.

To keep the coins protected, it’s essential to use the wallets that offer foolproof security, high reliability and less vulnerability against these attacks.

Here we have discussed some of the most reliable Bitcoin wallets that you can use to keep your Bitcoin assets well-protected. (Also, don’t forget to read our guide on how to secure a Bitcoin wallet)

Copay:

The first one on our lists of safest Bitcoin wallets online is Copay. It’s a multi-signature wallet and comes with a unique feature of restoring funds in a wallet by exploiting old backups.

The service also prompts its users to back up new information at regular intervals to avoid the loss of data.

The only complaint regarding Copay is its slow speed. But it doesn’t stop it from being one of the best iOS wallets out there.

However, Copay is not only limited to iOS. The users of Android and Desktop applications can also enjoy its unique features in a similar fashion.

Bitcoin Armory:

Also known as Armory – this wallet is particularly designed for desktop users and is one of the best out there.

Ever since the smartphones have taken over, the desktop wallets have fallen out of favor. But the Armory still remains to be one of the favorites due to its excellent functioning.

The wallet offers:

  • Multi-signature ability
  • Full node verification
  • HD privacy

And is an open source software.

Blockchain:

One of the most renowned Bitcoin Wallets Address. The Blockchain is available for iOS, Android as well as web browser users.

The wallet provides complete Tor Support Privacy and comes with trusted server verification.

Blockchain is being anticipated to grow more in future due to its exceptionally high amount of capital and the ongoing R&D which aims at making the product even better.

Trezor:

Trezor features cold storage and is a hardware bitcoin wallet. The wallet is open source and carries all the information required to make Bitcoin transactions. The wallet can easily be carried in your pocket. However, the service does not come for free. The price tag is $119.

Xapo:

Xapo is available only for desktop users. It comes with trusted server verification and is probably the only wallet that provides its account holders with insurance. Similar to all other wallets, Xapo is also an open source software.

Green Address:

Green Address is available for android, iOS and web browsers and is a multi-signature wallet. It comes with HD privacy and trusted server verification. One of the reasons why Green Address is popular among the users is its availability as a Chrome extension, which makes accessing it simple and straightforward.

These are some top-notch wallets for users to keep their bitcoins from security vulnerabilities. Some other wallets that you might want to consider are Cool Wallet, Holy Transaction, Ledger, etc.

All these wallets are outright reliable and ensure the highest level of security for their users.

Want to set up a Bitcoin wallet? Read our guide on how to set up a Bitcoin wallet.

 

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Buying bitcoins with bank transfer

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Bitcoin users that are looking to purchase large sums of bitcoin would probably opt for buying bitcoins with their bank account. Fortunately, it is also a less risky option and the fees for this process is much lower. Bank transfers are considered irreversible and unlike credit card payments, they reduce the risk of chargeback. Also, bank transfer offers much higher bitcoin buying limits than a credit card or debit card.

Depending on where you live in the world there are different exchanges that will be best suited for you. In this post, we will cover the main reputable exchanges that supply bank wire services.

Buying bitcoins with bank transfer

Coinbase

Coinbase is the world’s largest bitcoin vault. In the US, you can buy bitcoin with a connected bank account via ACH bank transfer and, in Europe you can, via SEPA transfer. Purchases with ACH takes around 5 days whereas, with SEPA it’s just two working days. A 1.49% fee is charged on all Coinbase transactions. For instant payments, Americans may add a Visa or MasterCard as a backup to carry out instant payments.

PROS

  • High liquidity and buying limits
  • User-friendly for newcomers wanting to buy bitcoin
  • “Instant Buy” option available with credit card or debit card

CONS

  • Purchases can take up to 5 days
  • Coinbase can track how and where you spend your bitcoins
User-friendlyEasy
PrivacyLow
SpeedAverage
Transaction FeesAverage
ReputationTrusted
Buying LimitsHigh

 

BitPanda

BitPanda accepts bank transfer payments from Online Bank Transfer, SEPA, and SOFORT.

PROS

  • Very low fees for buying bitcoins with credit/debit card
  • Reliable & a trusted locker

CONS

  • Fees aren’t shown openly on the site but instead included in the buying site
User-friendlyEasy
PrivacyLow
SpeedFast
Transaction FeesLow
ReputationTrusted
Buying LimitsHigh

GDAX

US customers can fund their Coinbase Exchange trading accounts via ACH or bank wire. Europe and the UK Residents can desposit their accounts with SEPA transfer.

PROS

  • Very low fees for EU and US customers
  • Possible to buy bitcoins without any fees

CONS

  • User interface might seem confusing for first-time buyers
  • Sending bitcoins directly from GDAX to any legally-questionable site may result in closure of your account
User-friendlyHard
PrivacyLow
SpeedAverage
Transaction FeesLow
ReputationTrusted
Buying LimitsHigh

 

CEX.io

CEX.io allows for purchases of bitcoins using ACH in the US or SEPA transfer for European countries.

PROS

  • Supported by many countries and regions
  • Very low transaction fees
  • Established and trusted exchange

CONS

  • Verification process is extensive, requiring much personal information (including a photo) and incurring a long delay
  • GBP market lacks liquidity
User-friendlyAverage
PrivacyLow
SpeedAverage
Transaction FeesAverage
ReputationTrusted
Buying LimitsAverage

 

Gemini

US customers can purchase bitcoins on Gemini by funding their account with ACH transfer.

PROS

  • Trustworthy and regulated exchange
  • Instant deposit lets you buy coins quickly (but not withdraw them)
  • Some of the lowest fees in the US and Canada

CONS

  • Might confusing to use for new buyers
  • Not available in all of the US states
User-friendlyHard
PrivacyLow
SpeedSlow
Transaction FeesLow
ReputationTrusted
Buying LimitsHigh

Bittylicious

UK residents can purchase bitcoins in a matter of 15 minutes via online bank transfer.

PROS

  • One of the fastest ways to buy bitcoins in the UK
  • Refund guaranteed in the event of delayed payment

CONS

  • SEPA transfer not available as payment method
  • RBS/NatWest PYC payment method unavailable
User-friendlyEasy
PrivacyLow
SpeedFast
Transaction FeesLow
ReputationTrusted
Buying LimitsHigh

 

Coinfloor

UK residents can fund their Coinfloor exchange account with SEPA or online bank transfer, while EU residents can use SEPA. Note that there is a minimum deposit amount of 1,000 currency units (i.e. 1,000 euros or 1,000 pounds).

PROS

  • Trustworthy and regulated exchange
  • Offers a sophisticated bitcoin storage service, Coinfloor vaults

CONS

  • Coinfloor has a high minimum deposit amount, must deposit at least 1000 units of currency.
  • Coinfloor market only accepts GBP bank transfers
User-friendlyHard
PrivacyLow
SpeedAverage
Transaction FeesHigh
ReputationTrusted
Buying LimitsAverage

 

Confinity

Residents of Austria can purchase bitcoins online using SOFORT transfer.

PROS

  • Trusted and established exchange

CONS

  • ID verification is asked, so privacy is low
  • Limited payment methods available
User-friendlyAverage
PrivacyLow
SpeedFast
Transaction FeesLow
ReputationTrusted
Buying LimitsHigh

 

Paymium

A bitcoin exchange based in France. It’s very user-friendly so anyone can get bitcoins with Paymium.

PROS

  • Mobile app available
  • Established and trustworthy exchange

CONS

  • ID verification required for any amount above €2,500
User-friendlyEasy
PrivacyLow
SpeedFast
Transaction FeesLow
ReputationTrusted
Buying LimitsHigh

 

Bity

It’s a Bitcoin broker that lets all Europeans purchase bitcoins with SEPA transfer. It only requires verification using a mobile phone in the start.

PROS

  • Easy to buy bitcoins after mobile number verification
  • Payment limit is very high. Up to €100,000, after intensive verification

CONS

  • Not a private way to buy since ID verification is required.
  • Low annual limit of only €4,000, with no verification required.
User-friendlyAverage
PrivacyLow
SpeedFast
Transaction FeesLow
ReputationTrusted
Buying LimitsHigh

Safello

PROS

  • Available in 32 countries
  • Offers a wide variety of payment methods
  • Deep liquidity ensures prices near the fair market rate
  • Customer service available on weekdays from 8 AM to 10 PM

CONS

  • Not a private way to buy since ID verification is required
  • Only Swish payments will confirm over weekends
  • Fees isn’t mentioned but included in your buying price
User-friendlyAverage
PrivacyLow
SpeedFast
Transaction FeesLow
ReputationTrusted
Buying LimitsHigh

 

Bitstamp

It is one of the largest bitcoin exchanges. Europeans are able to easily purchase bitcoins using SEPA bank transfer. Bitstamp allows anyone in the world to use their bank account and send a wire transfer. However, there will be some fees charged.

PROS

  • One of the longest-running Bitcoin exchanges
  • Very low fees, ranging from 0.1% to 0.25%
  • Good range of deposit and withdrawal options
  • Deep liquidity promotes a price close to fair market rate
  • Offers a wide range of altcoins

CONS

  • Has been hacked before, users should not avoid storing their funds on the exchange at all times
  • High 8% fee on small credit card purchases, falling to 5% with sufficient trading volume
  • Aimed towards traders; slightly confusing for first-time buyers
User-friendlyHard
PrivacyLow
SpeedSlow
Transaction FeesAverage
ReputationTrusted
Buying LimitsHigh

 

Kraken

Kraken is known the world’s largest euro-denominated Bitcoin exchange based on daily average trading rates. It supports bank transfer deposits from the US, European, Canadian, British, and Japanese customers. Deposits can even be made via international bank transfer, SEPA transfer, and Interac.

PROS

  • Well-financed and reliable exchange
  • Very low taker fee
  • Very low maker fee
  • Deep liquidity for large volume buyers in European markets ensures a price close to fair market fare
  • Highly secured
  • Publishes proof of reserve audits

CONS

  • Difficult for first-time buyers
  • Requires ID verification so, not private
User-friendlyHard
PrivacyLow
SpeedAverage
Transaction FeesLow
ReputationTrusted
Buying LimitsHigh

 

CoinCorner

It’s a bitcoin exchange based in the Isle of Man. Buyers from UK and Europe can purchase bitcoins with credit/debit card, SEPA, and GBP bank transfer.

PROS

  • Trusted company
  • Variety of options for payment
  • Customer service is very helpful
  • Instant credit card purchases
  • Available in a wide range of countries
  • Offers video tutorials covering the basics of Bitcoin, buying and selling, MultiSig escrow features

CONS

  • There is a 5% fee on purchasing with credit card
  • Requires ID verification, so not private
  • Slightly confusing for first-time buyers
  • Doesn’t provide exchange prices to compare without signing up
User-friendlyEasy
PrivacyLow
SpeedAverage
Transaction FeesAverage
ReputationTrusted
Buying LimitsAverage

 

Cubits

Cubits accepts SWIFT transfers, as well as other local bank transfer methods like SOFORT and Online Bank Transfer.

PROS

  • Fair 0.9% trading fee
  • Wide range of payment methods offered
  • Supports 20 fiat currencies
  • Super clean design makes the buying process easy

CONS

  • Offers a wallet that should not be used to store bitcoins
  • Requires ID verification, so not private
User-friendlyEasy
PrivacyLow
SpeedFast
Transaction FeesLow
ReputationTrusted
Buying LimitsLow

 

Bitfinex

Customers can deposit large amounts into their accounts using SWIFT.

PROS

  • Low fees for buyers, market makers and takers
  • One of best ways to buy large sums of bitcoin
  • Allows lending of fiat or bitcoin to margin traders at interest
  • Deep liquidity promotes price close to the fair market rate
  • Supports various altcoins as well

CONS

  • Was hacked recently and has yet to compensate most users for their loss
  • Quite confusing for first-time buyers
  • Single payment option
User-friendlyHard
PrivacyLow
SpeedVaries
Transaction FeesAverage
ReputationLow trust
Buying LimitsHigh

 

Xapo

Xapo is known to accept account deposits via international wire transfer.

PROS

  • Originally started off as a vaulting service. Claimed security investment above $20 million
  • User-friendly for first-time buyers
  • Deep liquidity which promotes a price close to fair market rate

CONS

  • ID verification required
  • Trading fees not stated on website
User-friendlyEasy
PrivacyLow
SpeedVaries
Transaction FeesAverage
ReputationTrusted
Buying LimitsHigh

HappyCoins

HappyCoins offers bank-related instant payment methods such as iDEAL, GiroPay, myBank, Sofort, and SEPA.

PROS

  • Long term and trusted exchange
  • Wide range of payment methods available
  • Occasional “Happy Hour” with 0% fee on purchases
  • Privacy maintained, only email and bank account number required

CONS

  • Fees are only included during checkout.
User-friendlyEasy
PrivacyLow
SpeedAverage
Transaction FeesAverage
ReputationTrusted
Buying LimitsAverage

 

To conclude, if you’re planning on buying large amounts of bitcoins and do not have any credit card on hand, the above-mentioned options are good enough. However, keep in mind that some of these banks might require additional information to confirm a transaction.

If you’re looking to sell your bitcoins, check out our how to sell Bitcoin article.

Good Luck!

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Exceed of $1M in bitcoin transaction within two months

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Overstock.com, 5 march 2017, overstock noticed one thing after acceptance of bitcoin, that is, people want to use bitcoin for their transaction. Chairman of overstock states, “We did not expect to hit this milestone so quickly, “and “Bitcoin customers are good customers, and we’re pleased to provide them this service.”

About overstock

Overstock is American’s largest internet headquarter. On January 9, 2014, bitcoin became the major retailer, who accept the bitcoin as a payment of its goods. First day sales through bitcoin was USD$ 126,000,

4.33% increase in sales. Whereas, per day sales calculates is $3 million per day.

Powerful transactions

In early January, overstock starts its working to process the payment and handle the conversion of bitcoin into U.S dollars. As a result, 4300 customers pay $1M for bitcoin payments. 60% of customer were new on overstock.com

Bitcoin transactions have a long way. Retailer’s financial statement indicates $397.6 million revenue during its fourth quarter. Just because of this news, overstock trading rises up to 4%.

This was basically an experiment, but with the result, overstock is happy with its decision.

Strangely enough, with the support of bitcoin ecosystem, overstock see significant gains with no drawbacks.

 

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