BTC News for 7/31/2016

Anything related to bitcoin and other crypto-currencies.

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Last post ago 4 months by JennaROX
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cheetahwind

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      cheetahwind

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      Since I'm not noticing that not a lot has happened over the last month.  Instead of creating several small threads about BTC and the gaming aspect I'd just write one long thread about what has happened over the last month.

      Well BTC did peak around the $700 range when the BTC award was halved around July 10th.  Yet there was a lot of speculation that BTC would reach $1,000 or even $1,500.  So there were TONS and I mean TONS of people buying BTC.  Trying to hope that when the reward halved that they would be able to sell of there coins at a nice profit.

      Now compared to about a year ago, the price of 1 BTC has gone up considerably.  Considering about a year ago, the price of 1 BTC hovered around the $300 price range.  By the fact that the price has doubled in a years time.  Does make one wonder how much higher BTC might go in the coming years.

      Yet for now it would seem as the price is sort of a decline over the weekend.  So far the price has gone down to around the $640 range and we'll see much lower or higher it gets over the course of today.

      As for gaming news, there is a new game out for RTG called Samba Spins.  Another 243 ways to win game, the bet isn't as steep as some of the past creations at $0.25 minimum bet.  The bonus round is triggered by getting 3 of the bonus symbols at the beginning.  Then you get 10 free spins awarded initially.  There is a possibility of getting 5 more spins during the free games.  Which then would trigger a super bonus round.  Yet I have yet to see how this feature works out as I have no retriggered it yet.  So far the bonus round with the expanded higher paying symbols does seem to have the potential to reach some nice pay offs.  Yet so far the best I have done is 40 times my initial bet.

      Also a side minor complaint note it would seem as if my favorite casino Extreme has decided to no longer be as liberal as they once were with cash back bonuses.  Mainly because the cashback bonus was a better deal with than taking a bonus up front.  Yet now with the measly 20% cashback, I'm not sure if I care for how small the cash back reward has become.

      Otherwise as for any other gaming providers, I haven't been keeping up on Bet Soft slots mainly because I haven't seen any new ones that really peak my interest honestly.

      Also Crypto Games my favorite dice site has also now started a monthly wagering contest.  Top person who wagers the most can win a pretty nice prize each month.  It's always cool seeing a dice site offering more and more.  Also to top if off there also offering a new Roulette game as well.

      Otherwise if you have any questions comments or concerns.  Feel free to post below.
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      kathy.anderson

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      I read somewhere that BTC isn't really money. And then it said The value of Bitcoin fluctuates wildly and has been estimated to be eighteen times greater than the U.S. dollar. Their high volatility is explained by scholars as due to their insufficient liquidity, the uncertainty of future value, and the lack of a stabilization mechanism. With such volatility they have a limited ability to act as a store of value, another important attribute of money. So, I know I won't be using BTC...
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      JennaROX

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      Cheetah there is this one thing that happened in bitcoin that has had my friends talking quite a bit...


      https://www.theguardian.com/technology/2016/jul/26/bitcoin-not-real-money-miami-judge

      This is probably what Kathy read recently and has had the Bitcoin forums a buzz all week.

      It is a very sad day when the piece of sh*t that was doing the crime, attempting to rip people off, is now responsible for trying to destroy one of the best ways for individuals to protect their money from both douche bags and governments alike. Makes me sick!
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      JennaROX

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      Other then that, HI CHEETAH! How are you, friend? I haven't been around very much lately. I have been very busy with work and then still going back/forth at another site over some bitcoin gaming issues from last month.

      Happy to hear that Crypto-Games is doing well. I haven't been there in a while, I will check it out tonight.

      As far as Extreme, well, I hope this is not the case. I know that there has been a lot going on there for Mikey, I haven't really spoken to him all week. I am sure if you shoot him an email, he will do whatever it takes to keep you playing happily at Extreme. Doesn't LCB have a 30% cashback thread? Is that the one you are referencing? I threw $20 at the casino yesterday and another $20 today, both bonus free, with the intent of winning one of the larger pot tourneys that ended today. When I was down to about $17, I thought to myself, I should go try to make my roll a bit fatter first, since 17 add-ons were not enough to win a prize. So I went to Three Stooges, got up to $50, then went to DoubleYaLuck and I was playing the minimum .30 bet... I was spinning so carelessly that the only screen shot I have is from the Player History option...

      .30 cents paid out $100 on one spin... That is enough reason to keep me happy and playing at Extreme! I was thrilled! SO HAPPY IN FACT, that I decided to leave all of the tourneys for someone else to have a payday... including the LCB Freeroll - I didn't even use 10 of my add-ons. SO I HOPE YOU ALL WON SOME MONEY, TOO!

      GOOD LUCK IN EVERYTHING, EVERYONE!
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