Bitcoin casinoWhat are Bitcoins?

Once of the latest trends to take over the internet is the Bitcoin. These Bitcoins have made headlines internationally over the past few years, but many people still have no idea what Bitcoins are. Bitcoins are a form of online currency that have been getting quite a lot of focus recently, and the buzz is expected to increase over this next year. Whether you know about the Bitcoins already, or this is your first time even hearing about them, here are some interesting bits of information that will have you an expert on the subject in no time at all. Bitcoin Casinos

The Bitcoins are a form of digital currency used to make online transactions only. The biggest difference between these Bitcoins and many other types of online currency is that there is no central body controlling or regulating the monies. Without any regulations on the creation or distribution of the money, basically any two people from around the world can make a transaction without the need for bank withdrawals or transaction fees. The money cannot be controlled or confiscated by any governing body because it is virtual cash. The rules by which the Bitcoins are set come from the market, or basically the people who are making the transactions.

These Bitcoins have been in circulation on the internet for a little over five years. The only recently gained worldwide attention because the demand for currency caused the Bitcoins to spike from approximately $13 a piece to well over $1000 a piece in less than a year. The demand for such currency in China seemed to be the driving force behind that huge spike in value per coin, but once China placed regulations on its banks from dealing with Bitcoins, the price fell back to its original level. Even though that was a shock to the system for owners of the Bitcoins who were enjoying a huge spike in the value of their money, like everything else in the financial world, it eventually settles back down. Even though there was a wild ride as far as value, the Bitcoins continue to be a popular form of online currency that many online merchants are starting to focus on more closely.

Bitcoin casinoHow Do Bitcoins Work?

Questions about how Bitcoins work have become more popular in recent months as the online currency has gotten more attention. The best way to describe the entire process is similar to how you conduct business with any other currency like Moneybookers, PayPal, and Dwolla. The only difference between the Bitcoins and all other types of online currency is there are no connections to your bank account. This means you cannot withdraw virtual money from your local ATM machine. To own Bitcoins you have to have a digital wallet. There are numerous websites that offer you the opportunity to open an account and create your own online wallet. When you would like to buy something with the Bitcoins in your digital wallet, you send that money to the sellers Bitcoin digital wallet address. This is usually done over a mobile device. Both parties are issued a receipt and the transaction is completed. Whether you are buying digital products like an e-book or video or tangible goods, once the seller has the Bitcoins they then send you the items you purchased.

The Bitcoins are mined online, similar to how real gold is mined across the country. Using highly sophisticated computers, users try to solve complicated computer algorithms. When a puzzle is solved the person is rewarded with Bitcoins. There is a finite amount of these Bitcoins hidden among thousands of different computer systems, and as they are released slowly into circulation the more people have access to the monies. The threshold for total Bitcoins is around 21 million. There is a limit to the amount that can be mined in a single day, so the expected release of all the Bitcoins is said to be around the year 2140. The supply and demand is the only driving force that controls the value of the individual Bitcoin.

BitcoinsWhat Can Be Purchased With Bitcoins?

The short answer to this question is anything. Anything that can be purchased online has the potential to be purchased with Bitcoins. To expand on that answer however, the seller must be willing to accept Bitcoins in order for a transaction to take place. They are not accepted everywhere you shop online because sellers are not all using this digital form of currency as of yet. It is expected to gain even more popularity this coming year, but basically if you want to purchase something online with Bitcoins you have to find a seller who accepts that form of payment.

With the Bitcoins getting more global recognition lately, it seems more companies are considering accepting the digital cash to try and capitalize on a slow selling year. Giving consumers an alternate way to make purchases, without any bank regulations or government interference appeals to both sellers and buyers. With more coins being added into circulation every day from the mining computers, the opportunity for new companies to allow this form of currency in their stores seems much more appealing.

Bitcoin casinosHow Many Bitcoins Do The Winklevoss Twins Own?

The Winklevoss twins claim that they are in possession of approximately 1% of all the Bitcoins that exist. With recent estimates of the total Bitcoin currency at over a billion dollars, this equates to 11 million dollars for the twins. With a little over 10 million Bitcoins currently being used for online transactions, the Winklevoss twins would then possess about one hundred thousand of the coins. While the price of the Bitcoins has recently gone from $30 to $20, it only took a few days for it to bounce back up to $29 a coin. Considering that the value of the Bitcoins were $15 when the twins began purchasing them, they still are in a pretty good position at the moment.

Casino that Accepts BitcoinsWhat Online Casinos Accept Bitcoins?

At Vera and John’s casino, a person can play the games to their heart’s content and it is one of the first Bitcoin casinos. Being a casino that accepts Bitcoins, Vera and John online casino has shown that they are contemporary and embrace new technology.

This is important, for those that love to gamble. They might have used other sites, and they probably haven’t seen payouts like at the Vera and John’s online casino. Since Vera and John take great pride in treating their customers with respect, their customer service is excellent. People are treated fantastically at this online casino, and they will be rewarded for their efforts. Claim a 100% Welcome Bonus at Vera and John’s Bitcoin Casino



Jackpots Are Hot at Vera and John’s Casino!

There are plenty of reasons that a person should play at Vera and John’s casino, and one of them is the fantastic jackpots that they can hit on a daily basis! There are many people that have hit big amounts by playing on this site. Since it is easy to become a millionaire, everyone should try it!

Slot Machines at Vera and John’s Casino!

There are so many different slot machines to play at Vera and John’s casino. Some of them consist of Pirates Gold, 777, Vega Joker, and so many more. There are a ton of games that they can try their luck at! Playing the slots is extremely fun and enjoyable because Vera and John made it that way. Many people decide that they want to play on a regular basis, and they return again to try to win the big jackpots that are available.

Bitcoin casinoWant To Go Mobile at a Bitcoin Casino?

If a person feels that they might have to stay at home to play on their desktop computer in their home, they don’t. They can get Vera and John’s casino on their mobile devices. That means that they play anywhere, at any time. They can play all year round if they decide they want to. This is exceptionally excellent for people that are on the go, and they still want to have the ability to play.


Vera and John’s Casino Has Table Games Too!

Gamblers love the table games. There aren’t too many other things that can give them a thrill like hitting the Black Jack or the Roulette table for a lot of money. They can try their hand at all kinds of Poker games and Baccarat. There is virtually no end to the amount of fun that they can have. Since there are many people that really get into this type of gambling, visiting Vera and John’s Casino is a must.

What Does Vera and John’s Casino Offer?

They have the games galore. There are so many different slot machines, for everyone’s taste. All the games come with the directions of how to play, and what the odds are for winning. This information helps a person decide on what to bet in the first place. It only takes a few moments, because the software that enables the system is awesome. Once a person learns the way to play the game, the way to bet, they can increase their chances of winning. They also offer extremely nice bonuses. These bonuses can help immensely when someone wants to come into Vera and John’s online casino and try their luck.

Licensing for the Vera and John’s Casino!

The license for this online casino is regulated and issued by Malta’s Lotteries and Gaming Authority. It is a safe and secure place for gamblers to congregate and place their bids. Payouts are checked regularly, and are payable by law. Vera and John want their customers to win and to be happy, and they always strive to make their online casino as extremely user friendly as possible.

Bitcoin casinosVera and John’s Casino Care about Their Customers!

They help people to set up limits. They don’t just own a casino. They care about the people that play there. Since they follow the guidelines of the Global Gambling Guidance Group (G4), and they will help any customer that may need assistance with setting their boundaries when they are playing, they offer the best in casino etiquette. This is a benefit from the Vera and John’s casino, as they know that there may be some people that might overdue it at some point. It is not a problem at Vera and John’s because they will assist their patrons if they request it.

Customer Service Is a Huge Importance at Vera and John’s Casino!

At Vera and John’s Casino, a patron will find that they will get the answers to any questions that they might have. They can simply contact the customer service section and ask for help. The trained professionals, in their customer service department, will attend to their needs. It is an exceptional way of doing business at Vera and John’s Casino. They know what people want, and they give it to them right away.

Going Online at Vera and John’s Can Create a Stir!

Once someone starts playing online at Vera and John’s Casino, they tell their friends and family about it. Once other people in their circle know where they are going online to play, they end up doing it too. Some people even have parties at each other’s homes because they find it to be so much fun, and they like to be around each other for some gambling adventures. Vera and John’s casino provides people with the possibility of having parties at their homes to enjoy online gaming. It is a way to spend time together and try to win at the games they love!

Vera and John’s Casino is a place that a person can come to online to play their favorite games. Since the owners know what their customers are looking for, they continually update their bonuses to increase the customers’ chances of winning. There are many different ways to get bonuses, and there are virtually too many games to mention. The people that play on Vera and John’s online gambling casino are more than happy to do so. They love the thrill of the games, and they really get into the fact that they can win a lot of money if they hit the jackpots. It is an online gambling site that really gives their patrons what they are looking for!