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Excellent Ways to Spend Your Bitcoin

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Excellent Ways to Spend Your Bitcoin
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No matter where you are in the world, you’ve probably heard of Bitcoin. Bitcoin has become a global phenomenon, and although it’s been out for over a decade now, it’s still one of the trendiest topics today. Everyone wants to get their hands on a bit of Bitcoin, whether that’s through investing and trading or through working for some coins. Stacking up a nice amount of Bitcoin might bring you an incredible feeling of achievement, but what’s the point if you don’t spend some of it to give yourself a treat? If you’re one of the many Bitcoin enthusiasts looking for ways to spend some of their savings, here are a few excellent suggestions that might be a good fit.

A Lavish Trip

There’s no doubt that traveling is one of the best ways you can spend your savings. Traveling the world is an unforgettable experience that can enrich our lives in many ways. From exploring the wonders of our planet to establishing new friendships that could last a lifetime, giving travel a shot can a ton of benefits. If you’re not looking for adventure, there are other ways to spend your time abroad. Of course, we’re talking about taking a lavish trip where you can bask in the sun on an exotic beach or spoil yourself in the confines of a luxury resort!

Many might not be aware of this, but planning an entire trip and paying for it with Bitcoin is a very real possibility. While most travel booking companies aren’t Bitcoin-friendly, Bitcoin enthusiasts are lucky enough to have some of the best ones available around the clock. Online booking sites like CheapAir, Destinia, and Expedia all accept Bitcoin as a form of payment. These websites can help you find both tickets and accommodations for pretty much every destination on the planet and sport a great user-friendly design to make planning your entire trip a breeze.

An Expensive Watch

When we say expensive, we mean expensive, so before going anywhere near this item on the list, be sure to get some extra coins. One of the best ways you can invest with Bitcoin today and make great returns is through Bitcoin trading, so giving it a shot isn’t a bad idea. While it might sound scary, Bitcoin trading these days is pretty easy thanks to trading app like bitqs. True to its name, this app helps new traders maximize their profits by using advanced AI trading tech. The bots search the market for the best opportunities, and make sure you snag them when possible!

Once you’re sure you have enough Bitcoin to blow through, you can go ahead and spend your hard-earned coins on a luxurious Rolex! Having a timeless accessory is always a big plus, and the chance to show off your luxurious lifestyle isn’t a bad benefit either. Love it or hate, we live in a time where the so-called “flexing” culture has a big influence, so why not get on board and flaunt your success? There are multiple Bitcoin-friendly shops out there that offer classic pieces, but one of the best you can try right now is the luxury shop JavyEstrella.

Food & Drinks

Winding down from the expensive treats that might dent your crypto wallet beyond repair, a great way you can spend your Bitcoin these days is by buying snacks. Restaurants and take-out places that accept Bitcoin payments have been around from the early days of Bitcoin. Luckily, with cryptocurrency becoming more mainstream over the years, even more of them are now welcoming Bitcoin with open arms. The options here are nearly limitless, but if you’re looking for something more popular, then you can grab something from Starbucks or Chipotle through an app!

Popular Video Games

Here’s another more relaxed option you can go for. With gaming becoming one of the biggest sensations in the world, it’s easy to assume that there’s a game out there for everyone. From nightmare-inducing horror games that might leave you scarred for life to more laid back titles like the Sims where you can practically play God, everyone can have a good time when this immersive form of modern entertainment is in question.

As expected, Bitcoin has dipped its toes into the world of gaming as well. While many of you are probably already familiar with Bitcoin games and casino classics that populate Bitcoin casinos, these aren’t what we’re talking about. Classic video game fans have a chance to enjoy their favorite titles on their preferred console with Bitcoin now. The Microsoft Xbox Store and the PlayStation network are open to Bitcoin payments, and PC fans are free to purchase the latest titles on the market from online shops like Keys4Coins!

Bitcoin

Which altcoins can you use for gambling when bitcoin is crashing?

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Since the advent of online betting, Bitcoin has been the preferred cryptocurrency. Time, however, is evolving. In the first quarter of 2022, its share fell dramatically. This week alone, Bitcoin’s value dropped by 15% over 24 hours, reaching its lowest point since December 2020. And this, according to experts, is tied to the increased interest in Ethereum and Litecoin, the second-leading cryptocurrencies. Their respective market capitalizations have increased by 3.45% and 2.95%.

What to expect for crypto betting in 2022?

According to the research, it is expected that cryptos would see growth, albeit with adjustments to coin share. And the diversity of cryptocurrencies used for betting will be a major trend.

But what is an altcoin, and which one can you use for gambling when bitcoin is crashing?

What is an altcoin?

The word “altcoin” gained popularity in 2017 when hundreds of different Bitcoin alternatives appeared on the market. However, by 2022, most of the top 100 cryptocurrencies will no longer be Bitcoin alternatives. Today, the market is flooded with new applications and products, some vastly different from others. With millions of cryptocurrencies already in circulation, it’s hard to keep up with everything that’s going on in the market.

In short, altcoins are non-Bitcoin cryptocurrencies. However, some are popular, with technological improvements that set them apart from Bitcoin. And there are several reasons why players prefer altcoins over Bitcoin. Let’s find out some of them below.

Why using altcoins for online gambling is a good idea?

There are many good reasons for gamblers to use altcoins. Here are some of them:

  • Availability

When compared to other coins, gambling with bitcoin can be expensive. Bitcoin is the most expensive coin right now (even though recently it has crashed seriously) and can be costly to buy compared to Ripple and Litecoin. They cost less.

  • Quicker transactions

Unlike Bitcoin, sending altcoins like Ethereum to online casinos for transactions is faster. In addition, some altcoins have added features that help transactions go faster.

  • Wise investment

Some altcoins can be used as an investment tool because their value keeps increasing. Because of this, investors buy a lot of altcoins to increase their chances of making money.

So, which are the most popular altcoins?

The following are some of the most popular altcoins used by online gamblers in the industry, especially when Bitcoin suffers its worst times.

Top gambling altcoins

Ether (ETH) – Popular cryptocurrencies are ranked by market capitalization, and Ethereum is the second-largest after bitcoin. In addition, Ethereum transactions move quickly, mainly when depositing money to online casinos.

Dogecoin (DOGE)– Even though it was made from an internet meme, the coin has become more prevalent in recent months. And casinos love it.

Litecoin – With quicker transaction speeds and cheaper costs than Bitcoin, Litecoin is undoubtedly one of the best options for gambling, particularly after a Bitcoin meltdown.

Conclusion

For the final remarks, we would like to point out that while Bitcoin struggles to regain its former glory, you can save time. Select one of the various altcoins and play freely in any crypto casino, like FortuneJack, where you can find the most exciting gambling atmosphere.

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Bitcoin

Drake gives away $1million in Bitcoin (35 BTC) via Stake.com as rapper loses $20million on first live Twitch stream

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Global cryptocurrency betting and gaming operator Stake.com announces betting partner sponsorship of bantamweight title rematch between Naoya Inoue and Nonito Donaire
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Drake joined Stake’s live Twitch stream last night to give $1million in Bitcoin away to fans around the world.

The rapper broadcast his night at the online casino, sharing  live action across a number of games with the highlight being an $18million win on his lucky number 11 on the roulette table as part of their first official live stream collaboration.

Though, it wasn’t the artist’s best night on the tables, losing $20million. However, he was able to bring a smile to a number of fans.

Viewers were selected at random to receive gifts worth up to $75,000 in Bitcoin (2.6 BTC), as Drake video called winners around the world, sharing the love with his fellow Canadians and as far afield as Argentina, India, Mexico, Brazil and Jordan.

Drake recently launched a collaboration with Stake.com, the world’s largest crypto currency betting platform, which saw the rapper place a number of large sports wagers on the site – including a recent $2.6 million parlay win.

Stake .com have confirmed Drake will be live streaming and giving away crypto to fans on Twitch again soon.

The night ended well for Drake as the Golden State Warriors secured the Western Conference, netting the Toronto native a million dollars in winnings after he bet $200,000 on Steve Kerr’s team at 4/1.

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Bitcoin

Crypto Betting Expected To Reach All-Time High Level For Champions League Final

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Cloudbet Announces Cash Out Feature for Wimbledon 2022
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Bullish prediction from crypto gaming pioneer comes even amid slump in cryptocurrencies

A significant global increase in crypto sports betting has set the stage for the 2022 Champions League Final to become the biggest Bitcoin sports betting event in history.

Next Saturday’s showpiece is the world’s biggest club soccer game, with over 700 million fans tuning in to the 2021 match (per Front Office Sports). This year’s final, to be contested between traditional European powerhouses Liverpool and Real Madrid at the Stade de France on Saturday May 28, is expected to draw an even bigger audience—and an unprecedented level of crypto betting activity.

These expectations come against the backdrop of a crypto betting market that is developing at a significantly faster rate than its traditional currency counterpart. According to software developer SOFTSWISS, cryptocurrency use in sports betting increased 116.7% year-on-year in the first quarter of 2022, compared to 60% growth in overall sports betting.

And despite the recent slump in the value of cryptocurrencies, data from crypto betting pioneer Cloudbet suggest that it has not  erased customers’ desire to bet: Turnover has largely held steady – and in the case of casino spend, it may even be increasing.

“As two of the biggest teams in the world meet in the most-watched club match on the planet, we anticipate the busiest day ever for crypto betting,” said Cloudbet Director Leandro Rossi. “It is clear that the Bitcoin betting boom will continue despite the sector’s setbacks, and that an increasing number of bettors are reaping the benefits of the decentralized blockchain model. “The array of Champions League markets available at Cloudbet represent a tangible opportunity for users to grow the size of their respective Bitcoin investments.

“In the four years since Liverpool’s last Champions League Final against Real, the Bitcoin market has grown exponentially, offering tremendous potential returns for soccer fans despite recent market fluctuations.”

On the day of the Reds’ clash with Real Madrid in the Final of May 2018, Bitcoin was trading at $8,500. Even after the recent crypto slump, that coin is still up by over 250% in the current market, offering incredible value to those who have held Bitcoin since the last time the La Liga Champions and Jurgen Klopp’s men contested soccer’s biggest domestic prize.

Cloudbet is offering a full slate of Champions League Final markets for Bitcoin, including full time result, Asian Handicap, and Both Teams To Score.

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