The Growth of Bitcoin in Mainstream Media - Crypto Daily

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• The Growth of Bitcoin in Mainstream Media - Crypto Daily
• Why Are Gamblers Choosing Bitcoin Casinos? - - VENTS Magazine
• Bitcoin History Part 14: The 1000 BTC Poker Game - Bitcoin News

The Growth of Bitcoin in Mainstream Media - Crypto Daily Posted: 27 Dec 2019 01:03 PM PST 2017's bull run and the institutional investment from it Pop culture and bitcoin Mainstream media and its work with bitcoin The rise in the price of cryptocurrencies has been often accompanied by an increase of general interest by big institutional investors. At the end of 2017, we saw a lot more people enter the market who probably never even heard of cryptocurrency and get involved with the space.  So as Bitcoin and the cryptocurrency industry grows to new heights, so does its adoption in the mainstream. Bitcoin has been mentioned in several films, TV shows, animations and in even more media ways over the past few years since it started to gain value and hit $20k in 2017. Mainstream attention The increase Bitcoin has had in pop culture has done just that. The growth is just as much as the cryptocurrency itself has had. Bitcoin is a dominating theme in several mainstream entertainment outlets which has sparked many memes over the years.  All these facets of popular culture in which Bitcoin and other digital currencies play big roles show us far they have come in such a short time. In one way or another, there is mainstream adoption for Bitcoin as well as other cryptocurrencies such as Ethereum and Dogecoin, as most people will have heard of Bitcoin by now. We're confident that the leading cryptocurrency has specifically been a key focus of mainstream media for quite some time now and it has played an important role in some the narrative for some TV shows including the Big Bang Theory and The Simpsons.  That being said, there is a significant amount of popular and mainstream artwork which shows Bitcoin in a positive light too. One image shows two people playing poker at a table, one is a miner and the other looks like a businessman from the future.  Even though the crypto revolution is still undergoing, references to Bitcoin in pop culture will continue to grow in the media, there's no doubt about that. For more news on this and other crypto updates, keep it with CryptoDaily!

Why Are Gamblers Choosing Bitcoin Casinos? - - VENTS Magazine Posted: 27 Dec 2019 02:49 AM PST Related Articles Online gambling clubs like to take into account their clients by giving them a wide range of decisions. Game determination is likely the most vital part of any web based betting stage, yet so are the installment techniques. The greater installment alternatives a gambling club offers, the more players it will draw in. Not exactly 10 years prior, there were just a couple of banking techniques with which you could store and pull back cash from your club account. These included credit and charge cards over some well known e-wallets and e-banking administrations. Be that as it may, over the most recent few years, we saw the development of Bitcoin gambling clubs, and some have likewise begun to offer different cryptographic forms of money like Ethereum, Litecoin, Ripple, and others. Things being what they are, what is the benefit of digital forms of money over fiat in the online gambling club world, and for what reason are such huge numbers of players selecting in for this installment technique? SPEED One bit of leeway that land-based club rooms still have over their online partners is the installment speed. At the point when you stroll into a club, you simply purchase chips and money them out at the register when you're set. Online installment is somewhat extraordinary, be that as it may. There are a wide range of systems, and you need to share your financial subtleties and hang tight for them to get affirmed. Likewise, the procedure of withdrawal ordinarily places you in a 24-hour pending period and afterward you need to hold up a few additional prior days you see the cash you've won on your ledger. Bitcoin exchanges bypass the entirety of this. The two stores and withdrawals are practically prompt, and you won't need to experience all the difficulty like with different techniques. Expenses Keeping and pulling back from online gambling clubs is normally appended to certain charges. A few club are greedier than others, yet little expenses are regularly observed on practically any stage. Expenses can be fixed, as $5 per exchange, or they can take a specific rate from your rewards. While this can occur with digital money also, it's moderately uncommon. Most bitcoin exchanges have no expenses at all, and it's one of the principle reasons why players pick this installment technique. Visit casinox for more. Breaking points Hot shots cautiously select the club they need to play on in light of the fact that they are searching for ones that have high store and withdrawal limits. Every administrator has its own guidelines relating as far as possible, yet the breaking points can likewise differ contingent upon the installment strategy you pick. Out of all installment choices, digital money quite often has the most elevated breaking points, regardless of whether they concern a solitary cashout or a month to month withdrawal. Secrecy Before you get the opportunity to bet on the web, you should furnish the club administrator with a portion of your own data, including your financial subtleties. With such huge numbers of trick club locales prowling on the web, offering this detail to some organization you don't think nothing about can be somewhat tricky. In any event, when persuaded that the gambling club they're playing on is genuine, players still keep a reasonable portion of distrust and are never simple disapproved of when making a record. Utilizing Bitcoin doesn't interface you with any bank or installment administration. It's a totally autonomous money that doesn't have an incorporated framework. In this way, your namelessness is ensured, and you won't need to leave any delicate subtleties to the gambling club. GAMES YOU CAN PLAY IN BITCOIN CASINOS Bitcoin club regularly have a huge library of games, the vast majority of which incorporate video spaces. Out everything being equal, spaces as a rule have the greatest big stakes, and high withdrawal limits related with bitcoin exchanges are perfect for gathering these colossal successes. On UK online openings, you can get acquainted with the absolute most well known titles in this type. Obviously, different games can be played in Bitcoin gambling clubs also. Roulette is very well known, as are blackjack, baccarat, poker, craps, and bingo. Last THOUGHTS Bitcoin has discovered its way into the gambling club world, and the players love utilizing it. The entirety of the previously mentioned reasons concerning why it's such a mainstream installment technique among card sharks should give you a thought why there are such a significant number of Bitcoin club flying out on the web. While Bitcoin club betting has numerous advantages, you should even now be cautious and consistently bet mindfully.

Bitcoin History Part 14: The 1000 BTC Poker Game - Bitcoin News Posted: 09 Aug 2019 12:00 AM PDT Bitcoin and poker have a history that stretches back to the very start. Perhaps, even, to before the start of Bitcoin as we know it, for there is evidence that Satoshi had a background in poker. What's beyond dispute is that in March 2010, the world's first bitcoin poker tournament took place, with the nascent digital currency serving as the unit of account. The buy in was set at 50 BTC, with the victor walking away with the then-worthless prize of 1,000 BTC. Also read: Bitcoin History Part 13: The First Mining Pool The World's First Pseudonymous Poker Game "BitcoinFX" was an early Bitcointalk forum user whose claims to fame include establishing the first bitcoin to fiat exchange, which operated by email only, in 2010. That same year, BitcoinFX achieved another first when he organized the first bitcoin poker game. In a thread posted March 10 titled "The Worlds First Sudo-Anonymous Poker Tournament," BitcoinFX wrote: "I've decided to run a tournament with Bitcoins ! No 'real' money will change hands." At the time, bitcoin was as close to worthless as it was possible to get, at least when measured in fiat currency terms, with the best estimates pricing 333 BTC to a dollar. To its early adopters, though, bitcoin was already immensely valuable; it's just that it would take some time for the rest of the world to catch on. In the meantime, there were use cases to be developed, fun to be had, and "electric bottle tops" to be won as BitcoinFX described the coins that would be wagered in his inaugural tournament. The forum post announcing the first bitcoin poker game The Half a Million Dollar Buy-In It is disingenuous to calculate 2010's BTC by today's prices. Nevertheless, let the record show that if the game that took place on March 20, 2010 were to be repeated today, the 50 BTC buy-in would set you back over $500,000. As it was, it was priced at the coinbase reward for discovering a new block, and in early 2010, anyone could mine bitcoin on their computer's CPU. "I will be playing and hosting the game and providing the 1000 Bitcoin added prize pool," wrote BitcoinFX. "You are trying to win my Bitcoins … Please PM me with your Bitcoin address and a random 'username'. I will then PM you my Bitcoin address to send the 55 Bitcoin entry fee." In the event, four players participated in the world's first bitcoin poker game which took place at 3PM EST on March 20, 2010. User "dwdollar," creator of the first bitcoin exchange, won the tournament, walking away with 600 BTC. Bitcointalk and later r/bitcoin moderator Theymos finished second, earning 325 BTC. How Bitcoin and Poker Became Bedfellows Following the inaugural bitcoin poker game, follow-up tournaments were planned on the forum and IRC. "Until a Bitcoin poker client is set up we will need to manually transfer all entry fees and winnings," noted user "FreeMoney" in July 2010. What they, and most other bitcoiners, didn't know is that Bitcoin had already shipped with a poker client of sorts built in. The original Bitcoin code includes the beginnings of a virtual poker game that Satoshi is believed to have started but never finished. Its code is neatly annotated with comments such as "These are your Bitcoin addresses for receiving payments. You may want to give a different one to each sender so you can keep track of who is paying you." Poker references are included in Bitcoin's first code. Did Satoshi have a background in gambling, and was this his inspiration for creating Bitcoin? He never alluded to it in his public writings, but it seems credible. Although Black Friday, when the U.S. government shut down the web's three largest poker sites, didn't occur until 2011, by the time Bitcoin came along, online poker was already massive, and already plagued with problems caused by payment processors that were apt to pulling the rug from under their users at the behest of the U.S. If Satoshi had been a poker player, he would have recognized the value that an unseizable P2P currency could bring to the industry. To this day, poker remains a mainstay of the cryptocurrency industry thanks to sites such as Cash Games by Bitcoin.com, which provides provably fair video poker and other casino favorites, with a payout of 99% or greater. Intriguingly, possible Satoshi candidate Paul Le Roux "had dabbled in the online gambling business for years and had even built his own casino software," notes the man who knows him best, biographer Evan Ratliff, who also suggests a connection between Le Roux and gambling mogul Calvin Ayre. All that is conjecture though. What can be said for certain is that efforts such as the poker game hosted by BitcoinFX in 2010 were instrumental in driving use cases for bitcoin. March was to prove a busy month for BTC; three days before the game was held, the first bitcoin exchange had gone live. Bitcoin was a little over a year old, but already the pieces were falling into place that would shape the greatest financial revolution of modern times. Bitcoin History is a multipart series from news.Bitcoin.com charting pivotal moments in the evolution of the world's first cryptocurrency. Read part 13 here. Images courtesy of Shutterstock. Ready to put your luck to the test Satoshi-style? Our online Bitcoin casino lets you play an array of BTC games including BTC slots, BTC poker, and many more. Plus, all of our Bitcoin gambling games are provably fair! Share this story: Tags in this story Kai Sedgwick Kai's been manipulating words for a living since 2009 and bought his first bitcoin at $12. It's long gone. He's previously written whitepapers for blockchain startups and is especially interested in P2P exchanges and DNMs.

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