Chinese Caution Banks to Just Say No to Bitcoins as Values Tumble

Chinese Caution Banks to Just Say No to Bitcoins as Values Tumble

As Chinese and Dutch authorities forbade their banks from accepting Bitcoins later final week, the cryptocurrency tumbled in value (Image: Information Week)

It’s nearly come to symbolize the war between arranged society and also the maverick movement away about them late last week from it, but whatever your views on Bitcoins the world’s most popular cryptocurrency and much in the news of late the news was not good. After several weeks of skyrocketing value hikes that took the digital money from about $60 per Bitcoin last March to more than $1,200 in late November, a stern warning through the central Chinese bank perhaps not to cope with the currency caused a tumble that, as of press time, had Bitcoins poised between $731 and $737 in US dollars.

Meaningless Currency

The warning arrived after the bank noted that the cryptocurrency has no ‘real vegas winner casino bonus code meaning’, does not have any legal backing and should not be dealt with by the Asian country’s banking institutions at all. Also noted and most likely more during the base of the banking that is chinese’s disdain for the money were the present high-profile connection between Bitcoins and money laundering and illegal goods procurement, especially on web sites like Silk path, which ended up being recently seized and shut down by the FBI, only to reopen a month later ‘under new management.’

Before the publicly issued warning, Bitcoins were gaining in popularity with the Ch Continue reading “Chinese Caution Banks to Just Say No to Bitcoins as Values Tumble”

PartyPoker Grabs Early Edge in Brand New Jersey On The Web Gambling Market

PartyPoker Grabs Early Edge in Brand New Jersey On The Web Gambling Market

PartyPoker and their land gaming partner Borgata Casino are surging into very first place within the New Jersey online gaming market

Remember the days once you could not go more than 10 minutes without seeing a PartyPoker ad on your tv? It’s been a time that is long PartyPoker ruled the airways and the USA internet poker marketplace but it appears as though it could be happening again, albeit on a smaller and now legal and regulated scale.

PartyPoker and their partner, the Borgata Hotel Casino & Spa, took a very early and very impressive lead in the race to become the dominant player in the regulated New Jersey online gambling market. In accordance with reports, they currently hold 1 / 2 of the poker market share in the early stages associated with the state’s online gambling revival, a true number that makes them a prohibitive favorite to be the industry leader in nj-new jersey for a few time to come.

Branding Is Good

The big lead comes from a variety of factors. To begin with, PartyPoker and Borgata both benefit from great brand name recognition. PartyPoker was once the biggest name in American online poker, and they remained a favorite name around the world in the years since 2006, when they left the US market in the wake for the Unlawful Internet Gambling Enforcement Act (UIGEA). Meanwhile, the Borgata may be the top poker room in Atlantic City, meaning they have unique int Continue reading “PartyPoker Grabs Early Edge in Brand New Jersey On The Web Gambling Market”