Bitcoin at its Highest Value Yet as CryptoCurrency Reaches Double Versus the Dollar
Bitcoin’s value today is outpacing any other currency in the entire world; in the month of May alone, Bitcoin doubled versus the Dollar at its highs. Today’s value is well over $2,200 for one BTC, but this amount has left players with much confusion on how much they are actually betting when gambling online.
Although Bitcoin is at a high right now, it’s actually down by 19% compared to last week, but it’s still at a record high and an impressive one at that. The highest it’s ever been was $2,791.69 and that was on May 24 2017. Investors took their profits and sold off which was about $4 billion USD.
Online players love using BTC to deposit and withdraw winnings because of transactions being anonymous, but the rapid fluctuations have slot spinners and poker players confused more than ever due to how much they are actually betting per hand/spin. This is because most Bitcoin operated casinos offer bets as low as 0.05 mBTC which is a millionth of one Bitcoin or otherwise known as a millibitcoin. If you calculate the current price or value of one BTC this equals out to be close to 11 cents. Back in March, which was only 2 months ago a 0.05mBTC bet was $0.05.
Luckily for players, bitcoin casinos like Bitstarz offer a comprehensive guide to making successful wagers. Utilizing their getting started with Bitcoins guide, players can learn to Pick their Wallet, receive their Bitcoins and cash in on great purchases using Bitcoins. New players can join Bitstarz and receive 20 Free Spins, no deposit + a first deposit match of a 100% bonus up to €100 or 1 BTC. In addition, you get 180 FREE SPINS on Boomanji or Fruit Zen or Starburst.