Bitcoin & Cryptocurrency News
Bitcoin Avoids Another Interruption
Nov 9th, 2017,

mBitcasino Team

On Wednesday, a plan to alter the overall design—and by extension functionality—of Bitcoin came to a grinding halt. Supporters of what was being called the “Bitcoin expansion” conceded that they did not have enough support to warrant going through with their plan.

Warren Buffett Commits to Anti-Bitcoin Stance
Oct 31st, 2017,

mBitcasino Team

With the value of Bitcoin rising at seemingly every turn, it as well as so many other cryptocurrencies are gaining more and more attention. With that attention comes a larger userbase, which begets further value increases. While this may all seem like good news for pro-Bitcoin folks, there are plenty of people who are very wary about Bitcoin’s recent success.

Yet Another Bitcoin Fork Brings Us Bitcoin Gold
Oct 25th, 2017,

mBitcasino Team

Earlier in the year, there were shockwaves sent around the cryptocurrency world thanks to the announcement that the blockchain—the fundamental foundation of Bitcoin—would be split, creating an entirely new currency; Bitcoin Cash. Bitcoin Cash is still surviving and has definitely made a name for itself. Perhaps that is what brought about the most recent fork.

Bitcoin and Cryptocurrencies Survive Chinese Ban
Oct 20th, 2017,

mBitcasino Team

Not all that long ago, rumors that Chinese authorities would make it illegal for citizens and residents to trade Bitcoin and other cryptocurrencies on online exchanges were circulating. In the blink of an eye, all of those rumors became fact. The Chinese government announced that they would officially enact the aforementioned ban, and that it would additionally ban any new ventures from putting forth initial coin offerings to raise money.

The Rise, or Lack Thereof, of Bitcoin in Africa
Oct 12nd, 2017,

mBitcasino Team

Bitcoin and other cryptocurrencies have really caught on in some interesting parts of the world over the past few years. While it may seem like new places are taking an interest in cryptocurrencies all the time, one large part of the world that has widely neglected the rise of Bitcoin has been Africa. Sure, there are more developed countries such as South Africa and Nigeria who have caught the cryptocurrency bug, but many of the more rural countries have not shown much interest at all.

Bitcoin Can Help Venezuela Out of its Economic Crisis, Some Say
Oct 3rd, 2017,

mBitcasino Team

Of all the hotspots of turmoil around the world, few are as overlooked as Venezuela. For months now, the country has been in the midst of an economic crisis that has pervaded all classes and walks of life. In more recent happenings, US President Donald Trump added the nation to his ever-growing list of countries whose citizens cannot freely travel to the United States.

JP Morgan CEO Sounds Off on Bitcoin Legitimacy
Sep 16th, 2017,

mBitcasino Team

In the past, we have discussed both people singing Bitcoin’s (and other cryptocurrency’s) praises while at the same time pointing out those folks who are still not convinced of its legitimacy. Today, it was reported that CEO of JP Morgan Chase, Jamie Dimon, referred to Bitcoin as a fraud, and went on to say that the cryptocurrency is primarily used by drug dealers and other criminals. In addition, he said that those invested in it would have their investments blow up in their faces. 

Dubai Apartment Complex to be Priced in Bitcoin
Sep 11st, 2017,

mBitcasino Team

If you have been following the cryptocurrency world, or more specifically the Bitcoin world, you are likely well-aware of the fact that one of the biggest problems facing Bitcoin was the lack of people and retailers adopting it. Seeing as you are not able to use Bitcoin to make purchases in a large majority of settings, there began to arise some very real concerns regarding whether Bitcoin was actually a currency, or simply an investment vehicle similar to stocks. 

Cryptocurrency Investors Concerned China May Shut Down Exchanges
Sep 11st, 2017,

mBitcasino Team

Before getting into the nitty-gritty, it is important to note that there is but one source claiming that China is on the verge of shutting down exchanges in the country. While one unconfirmed report might usually not be enough to cause any amount of stir, the fact that China, one of the biggest users of cryptocurrencies as far as countries are concerned, may go radio silent is very concerning. What’s more, it begs the question of, if Bitcoin (Or Ethereum, BlackCoin, etc.) is unable to be exchanged in China, does it have value? The unresolved nature of this question has been driving some users away from Bitcoin and other cryptocurrencies. 

Experts Warn of Bitcoin’s Volatility
Sep 4th, 2017,

mBitcasino Team

Whether you have been following Bitcoin (and other cryptocurrencies) from the time it was incepted or are just getting into the realm now, one of the first items you will learn is of the sheer volatility inherent in it. While things like stocks and fiat currencies all have ever-changing values, the US Dollar and major stocks see their value fluctuate marginally, with only those who have massive holdings seriously impacted by such small movements.