Cryptocurrencies Trading

It took us a while to really understand what cryptocurrency trading was all about, but once we realized that it is (pretty much) just like trading stocks using an online broker we understood the concept.

trading bitcoin for goods and services image

Not only can you buy stuff with Bitcoin when you travel – you can buy (invest in) other alt coins too.

Is Bitcoin Real Money?

It was hard for us to get our head around the fact that people are valuing this new fangled “digital money” just like real money.

After all – if one has a certain cryptocurrency such as Bitcoin they can exchange it for cash (at an ATM) in some locations and for goods and services at others.

We wrote a short article about cryptocurrency a while back.  You can see it Here.

Being interested in gambling by nature we are interested in diving in to the cryptocurrency markets and see if our skills can make us consistent money – time will tell.

More to come.

Cryptocurrency Takes Center Stage

It wasn’t too long ago I penned a few words in an article about cryptocurrency – see it Here.

Is Bitcoin (and other altcoins) Here To Stay?

bitcoin travel newsSince that time I have been wandering around in the world or alt coins/digital money/cryptocurrencies and I have to say that this new world is an amazing thing, much like the early explorers of the Cerdanya region must have thought.

Much like real estate that simply exists, I have to say that cryptocurrency is going to stay around.  While it may (and most likely will) change over time – just like the ever changing flora and fauna of terra firma – this new technology of “money” will change as well.

New Things In Alt Coins

I found a couple of up and coming sites that have quite a few interesting things regarding Bitcoin, Litecoin, Dogecoin, and other cryptocurrencies.  I’ve have linked to them below so you can check out what’s going on in the “crypto realm”.

See:

In the future I will update with more information that may be useful for those who are curious about this new way of moving “property” at the speed of light.

It won’t be long (it’s already possible to a certain extent) before one can travel with no cash, no credit cards, no traveler checks, etc.  Only a link to the “cloud” where one’s digital money is stored – and merchants who will accept it in trade for what they have to sell.  Have you seen that Expedia now accepts Bitcoin?  Interesting stuff

 

How To Take Your Casino With You When You Travel

In a recent post on this site we talked about the popularity of casino travel tours.    As you might imagine what these are are (oftentimes) a package priced bus tour of the many casinos in a given geographic area.

These packages are priced for the budget minded and it makes sense that they are relatively inexpensive because you are traveling with a group of like minded people.

But what if you don’t feel like traveling with a crowd?

mobile phone casinos and poker rooms imageI want to talk today about the advent of cryptocurrency and how it is changing the landscape for gamblers and casino operators alike.  Most land based casinos don’t really like the idea of cryptocurrency (at least at this time).  Crypto is competition.  Let me explain.

It wasn’t too long ago that internet casinos and poker rooms were such a threat (real or imagined) to these big money casinos that the operators of them were able to convince their buddies is high places (read government) to pass some laws and effectively get them outlawed in the USA (and some other countries – but not all by any means).

The Market Has Spoken

Most people have heard of Bitcoin and even Litecoin, but did you know that their are now over 100 different crytpocurrencies?  Now some of these “cryptos” won’t last a year – some won’t even last a month – but there are some (such as Bitcoin and Litecoin) that seem to be here to stay.  And many people are using them for transacting business outside the scope of the regular banking systems.

Anonymous Gambling Anywhere In The World

The online casino and poker room websites are catching on.  Some of them are now starting to accept bitcoin, litecoin, dogecoin, and other cryptocurrencies for gambling.  This is a boon for all of those people who were effectively shut out of online gambling after the now famous “black friday”, when the USA government shut down the big name operators.

What this means is that if one wants to learn how to gamble online anonymously (or on their smartphones) they will have to learn how to acquire and use cryptocurrencies responsibly and safely and not get scammed.  It is possible, and in a future post we will talk more about how to do this.