Saturday 5 April 2014

First post & Intro

Hello, potential readers.

I say potential since I obviously have no readers at the time of this post, since it's my first one!

The purpose of this blog is to keep you guys updated about the world of bitcoin gambling. It is a growing industry, and barring something unpredictable happening, will dramatically rise in popularity during the next 24 months. It has all the ingredients to do so; it's convenient, provably fair and legal everywhere, regardless of state laws.

Let's recap some important news that have happened up until this point;

Early 2013;
Bitcoin casinos release 2012 earnings
And they were pretty significant... And this was before Bitcoin hit 1k and was at it's height in popularity so far, at least in terms of media publicity.

Mid 2013;
SatoshiDice sold for 11,6 million
It's a crappy website compared to some real money casinos, this really shows the growth of the industry.

SatoshiDice also officially blocked US players around that time, angering many US players (ones that can't use a VPN anyway) Link to story;
http://www.coindesk.com/bitcoin-gaming-site-satoshidice-closes-to-us-players/

More to follow...

1 comment:

  1. Bitcoin News
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