Mar 252015
 

This is a sponsored post from Spelautomator

With the development of new technologies, online casinos are evolving at a rapid pace. Each of them has its own unique (or not so) offer. However, it is the combination of different payment methods that often makes each website stand out in its own payment niche.

Today let’s have a closer look at casinos which utilize Skrill as their main (or one of the main) payment source, and at those using Bitcoin. Skrill is a very popular payment system, and its appreciation is sometimes emphasized on the legal level. For example, it is the only sanctioned digital wallet for all Internet casinos in New Jersey, USA. Actually, it is also highly popular among the European casinos, like Spelautomater slots online, Europa Casino or 888 Casino.

At the same time, Bitcoin casinos are not so numerous, though they are emerging and developing very quickly. Such gambling websites are popular around the world, without any geographical prevalence, due to the specifics of the crypto currency. They are rather gaining popularity smoothly all around the world. By the way, the names of such casinos are mainly not very creative. The most popular are BitCasino, mBit Casino, and (okay, this one is different) Satoshibet.

Actually, Skrill allows sending and receiving money in 41 currencies. However, unless you are a highly active user, you can choose just one currency and use it. Actually, the same thing with Bitcoin – you can use only one currency for making deposits to your casino account. Next, in Skrill, the main thing associated with your account (and indicating it) is your email. In Bitcoin, it’s your wallet address. Perhaps in this case working with Bitcoin casinos is better due to the undeniable benefits of the whole currency system.

What is more, Skrill is one of the few payment systems which almost never get involved into disputes. This means that chargebacks are very rare here. In this way, this system is a bit like Bitcoin which has no possibility of chargebacks or additional unauthorized fees. It definitely prevents casino players from any types of scams. Indeed, while Skrill is quite good, it sometimes gets involved into fraudulent stories itself. That’s why Bitcoin is better here, too.

The thing that is not pleasant about Skrill is that it has the inactivity fee which is imposed on users who have no transactions during last 12 months. With Bitcoin, you decide when and how often to use it – and you never get any additional fees, of course. However, for gambling players this is not a big issue, as they definitely use their account more often.

After all, Skrill is a good, well-established and widely respected system. Lots of casinos use it, while there are still quite few gambling websites accepting Bitcoin on the web. If you want to have a wide choice – go for Skrill. If security and anonymity matters you most, Bitcoin is your choice.

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Mar 232015
 
The Similarities Between Bitcoin & Gold

The last year has been a strange one for currency alternatives in investment. Often viewed as safe havens to simply holding onto currency, alternatives such as precious metals, Bitcoins, and various other commodities tend to operate with a somewhat inverse relationship to the world’s most influential economies. This is naturally a very broad statement and […]

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Mar 222015
 
Interesting Upcoming Crowdfunded Projects: Factom and Augur

The ‘altcoin’ space has evolved quite a bit since its initial days, when every day would bring three new announcements for new coins, all called ‘innovative’ while the only innovation was their name and logo (anyone remember junkcoin? Yes, the coin was literally called junkcoin and it was in the top 100 at Coinmarketcap!) Today, […]

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Mar 202015
 

This is a sponsored post from BitcoinCasinoSites Why are casinos respecting Bitcoin so much? For the same reason as we do. It doesn’t have the drawbacks of the traditional currencies, to say the least. However, it’s not the only reason. More and more casinos are enabling Bitcoin payments not just because their respect to the […]

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Mar 012015
 
How to Buy Fractions of Bitcoin

If you’re looking how to buy fractions of Bitcoin, the process is similar to buying a full Bitcoin. However, when you only want to buy a fraction of Bitcoin, there are some additional ways you can do so, which don’t scale up. Here are some ideas. Bitcoin is a cryptocurrency that can be divided up […]

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Feb 172015
 
Coupling Coupons

As of this writing version 0.10 of Bitcoin has just been released. The network in Gavin’s words is now ‘over secure’. Over 50 exchanges have propped around the world since the demise of Mt. Gox and there are now over 10,000 projects in Github that reference Bitcoin in their implementation. However, the primary use case […]

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Feb 162015
 
Bitcoin's Proof of Stake

A lot of attention is given to Bitcoin’s proof-of-work. It is at the center of how the network ensures its security. A few other alternatives to proof of work, usually called proof-of-stake systems have been implemented by other distributed consensus systems like Peercoin, NXT and Bitshares. However, I didn’t realize that Bitcoin implements any sort of […]

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Jan 242015
 
Bitsquare, the P2P Bitcoin Exchange, to Crowdfund using Lighthouse

  Bitsquare, the decentralized Bitcoin exchange platform (fully peer-to-peer Bitcoin exchange handling BTC/USD), has announced that it will raise money through a crowdfunding model, wishing to raise 120 BTC. This is being done, aptly, through the decentralized crowdfunding application called Lighthouse, created by Mike Hearn. It fits well with Bitsquare’s motto of decentralization. Lighthouse uses […]

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Jan 142015
 

I don’t like dwelling on the price of Bitcoin, whichever way it finds its fancy. There are more important projects that, in the longer term, would determine the success of Bitcoin. However, since there has been quite a ‘panic’ in the markets, here are my thoughts on this: We’ve been here before. No two bubbles/busts […]

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Jan 122015
 
How to Buy GetGems (GEMZ) Tokens

This is a guide on how to buy GetGems (GEMZ) tokens. GetGems (previously known simply as Gems) is a messaging application that is built on top of Telegram. GetGems was the first cryptocurrency to raise money through an IPO/ICO (Initial Public/Coin Offering) on the Koinify Platform, which provides several benefits over regular crowdfunding platforms, such […]

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