Friday, December 22, 2017

How will the Bitcoin Crash affect Online Poker and Online Casinos?

Only Bitcoin Bits Left
Bitcoin investors are currently getting a stern lesson in the laws of financial gravity as Bitcoin crashed and took the whole cybercurrency market down with it. In fact, Bitcoin has lost a quarter of its value in the last week. As online poker and casinos are expanding into the use of cybercurrency to drive their sites, online casino and poker players are wondering, "Is it safe?"

Well, just a little before I wrote this article about CoinPoker's cryptocurrency and how its reps were saying that the cryptocurrency would help protect against online poker cheating and customer account deposit theft. My initial take on CoinPoker's advent measures was that it all sounded good and probably safe.

Now, as the Bitcoin falls into little pieces in cyberspace, I am surely having my doubts!