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Bitcoin Casino Reviews offers casino players real ratings of online casinos that accept bitcoin (BTC), bitcoin cash (BCH) and even traditional fiat-based online casino sites. These reviews provide high-level analysis of the casinos’ performance for BTC, BCH and traditional online casino sites. So whether you are looking for a new online casino, looking for an online casino with bitcoins or something in between, we can help, cash bitcoin casino texas.
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There are naturally quite a few casino games developers who may look like small-timers but are actually quite the household names in Bitcoin game development. We’ve recently heard that there may even be 4 developers working on Bitcoin casino games at the same time since there are no regulations or rules in place.
Many of our readers, including yours truly, are familiar with SatoshiDICE, the “world’s first Bitcoin Dice game. It’s also the Bitcoin gaming site where one can deposit and play BTC for real-world cash. When the site went down last week, it raised a large question: were they hacked? Not exactly. According to an article by Mike Hearn for Quora, an Australian cryptocurrency blogger, the site was actually running with “several thousand compromised dice accounts, probably taken from other Dicing sites, which had been hacked by a very clever hacker that is now known as BTC Dice.”
The hacker used those accounts to create a large bankroll, causing him to withdraw massive amounts of money from several bitcoin dice sites including BTCDice and BitcoinCashDice. However, it wasn’t enough and a massive bankroll was left behind.
This is exactly what caused the site to go down because the bankroll was too big. The bankroll was so big that the site had to shut down. The site had over one and a half million dollars worth of balances and had no way to pay back each and every user. This caused people to panic, panic is the key word here, some people just started selling Bitcoin.
At the time, Mike Hearn estimated that the value of the site had dropped about 70% after getting hacked, that is an incredible drop for almost a week. If it were the case of an ordinary Bitcoin gambling site, even an average one, there wouldn’t be anyone who would have wanted to take their money. Most likely, these sites would have simply been shutdown by the owners. However, since it was BTCDice, the site was already hacked in the first place, so everyone knew that there wouldn’t be a massive exodus to other sites and that there would be a massive push towards the site. This was the beginning of this “Dice Wars” that we already hear about.
This is the biggest Dice Wars to date as the site owner, a Canadian developer named “Gingeropolous,” was forced to bail out of that Dice Wars and the Bitcoin gambling space because the bankroll that he was left behind turned out to be far too small. So then what happened? He created more bankroll. This time it was worth around $14 million and he was going to take
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