Tuesday, 8 April 2014

Just-Dice got cheated out of 1300 btc but it's awwright and other news

Just-Dice is another popular bitcoin betting website that has taken the world by surprise. It's a very simple website, but the real-time and tight community feel make it stand out of the pack, and this philosophy works well with the essence of bitcoin.

They also probably have a good marketing team, since the site got into popular bitcoin news very conveniently, you could almost bet that there was some money involved...

Anyway, the story is that they got cheated out of 1300, but it didn't even matter, because the community came to the rescue! Wanna know what I'm talking about? Read the full story here;
http://www.coindesk.com/bitcoin-gambler-cheats-satoshidice-competitor-just-dice-out-of-1300-btc/


In other news:

Here are some other relevant news that have been happening recently;

The First Bitcoin Casino Forum Launches;
http://bitcoincasinoforum.net/board/index.php

Vegas Casinos Are Accepting Bitcoin (allthough you can't bet with them directly, yet)
http://www.cbsnews.com/news/vegas-casinos-now-accepting-bitcoin/

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...