After being launched only a few years ago, Bitcoin digital currency reached a record high in 2017, surpassing the $ 1,000 mark.
As of the opening day of the stock market in 2017, the Bitcoin reached the value of $ 1,010.96 for 1 BTC, and there is no indication that this growth could slow down anytime soon. Also, according to industry analysts, 2017 will be a crucial year for this cryptomony.
This important growth is to be put to the assets of the United States, China and Europe which are currently the largest markets of the currency. Bitcoin is one of the safest financial tools in the industry, and is used extensively in many areas, including the world of online betting. According to forecasts by financial experts, not only will the Bitcoin continue on its impressive momentum, but the currency will also succeed to exceed the $ 2,000 mark. It would be interesting to see if this milestone will be reached in 2017.
Several significant events contributed to this new growth in Bitcoin, including the announcement in July 2016 of Canada’s adoption of the Block chain technology that allowed it to accept Bitcoin. Canada had authorized digital currency and was eager to add Bitcoin to its banking systems. The Bank of Canada stated that it had tested Block chain technology, although it insisted that it did not intend to create a digitized version of the Canadian dollar.
In October 2016, NetBet Casino confirmed that it was the first online operator accredited in the UK to accept Bitcoin as a method of payment, which made it possible to make currency available to bettors living in that country. The NetBet casino, accredited by the UK Gambling Commission, not only accepted Bitcoin as a method of supplying casino accounts, but also allowed withdrawals to be made via this processor. Digital money was also made available to the sports betting section of the site. This proved convenient, especially for users of the app BitPay Bitcoin.
During the last quarter of 2016, more precisely in November, other excellent news collapsed. The digital currency that was then appreciated by many bettors could now be used without problem via the new BitPay Bitcoin application. The latest creation of the company was a complete application that could be used to make purchases and wager with this already popular digital currency. The BitPay Bitcoin application was mentioned in Las Vegas at the Money 20/20 event and was supposed to convert the dollar Bitcoin via a unified BitPay Visa prepaid debit card. Visa is the only debit card currently used by Bitcoin users in the United States.
The NetBet casino was the first to choose to accept Bitcoin as a payment method for deposits and withdrawals. The facility is known for its extensive library of titles designed by Quick spin, NetEnt, Microgaming, iSOFT Bet and Amaya Gaming to name just a few. Note, however, that this excellent online casino does not accept French players.