Bitcoin recently experienced ups and downs. Accordingly, the situation in the bitcoin casino niche was also shaky for a while, and no one knew the prospects of its development and what will happen tomorrow. But today everything has become simpler and more reliable, and we can talk about the preservation of the Bitcoin casino industry as a whole in the form in which we are accustomed to seeing it, generally speaking.
But certain changes will now take place, and it is important to monitor the state of things in detail in order to predict the future of the industry as accurately as possible in advance. After all, you can expect everything quickly now. Let’s look at what new Bitcoin casino trends are taking place today and then we’ll draw a general conclusion based on this.
Most of the news about Bitcoin casinos is what they should be. It says about the new casinos in this field, as well as the development of existing web gambling establishments sites and software improvement, the addition of new (well-forgotten old) games in the range, new bonuses and attractive tournaments. But there is something more interesting.
First, there are casinos that refuse Bitcoin as one of the payment options and return to the fiat funds only working model. Most often this is attributed to fluctuations of Bitcoin rate and, accordingly, the reluctance to coordinate activities in all areas under such conditions. We can conclude that the casino is trying to protect itself against a possible collapse, and this is short-sighted policy.
Also in the future, it is worth assuming that such a move may be the desire to focus on a particular niche in opposition to the growing competition with new Bitcoin casino and existing ones. Perhaps, someday fiat web casinos will be the same highly specialized niche of the online gambling business as the Bitcoin casinos today, and a small number of the best places to play will also receive a good income.
Second thing is introduction of altcoins as payment currencies at some online casinos. Gradually, other crypto-currencies gradually tear off some of the Bitcoin’s glory, and this is a natural process. They cannot demonstrate a similar value now, but they show us impressive growth and offer a number of innovative technical conveniences as opposed to the very first crypto currency. And most importantly, a number of crypto-currencies enthusiasts are fans of certain crypto-currencies (not Bitcoin), and for the casino it is advantageous to give them a direct opportunity to play.
So far, multicurrency casinos are asking for new perspectives in this matter and introducing only the most famous, stable and perspective digital currencies: Bitcoin Cash (BCH), Litecoin (LTC), Dogecoin (DOGE), Ethereum (ETH). What is important is that such giants of the market as Bitcasino and BitStarz have taken up this task. This means that others can follow their example.
The conclusion is obvious: someone was worried about crypto currencies instability and left the stage; others believe in bright prospects and are ready to invest in development here. Time will tell who is right, but the future is always behind innovative technologies that are becoming global trends.
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