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Bitcoin Value in Online Poker

Date Published: 19th April 2019
Author: Garey Kennedy
When it comes to the value of Bitcoin in an online poker game, there are two sides to it. Firstly, your money may gain value even if you do not play for a while. The crypto world is a world of massive fluctuations. Several times, we have witnessed the incline and decline of cryptocurrencies. Obviously, if a cryptocurrency’s value drops, it most definitely can rebound.

bitcoin poker-value

Bitcoin Poker
An example is Bitcoin. It is highly thinkable to get gripped with fear while watching the prices of Bitcoin. Where other cryptocurrencies are experiencing booms with many at or near all-time highs, Bitcoin might be experiencing the same. One very interesting thing about playing crypto poker is that if you win, it is very possible for your winnings to increase in value and guess what, you become a winner twice over.

Bitcoin Value
Secondly, you also have to worry about losing your money even if you do not play. This you do not have to worry about with fiat currency deposits sitting in your account. With cryptocurrency, especially Bitcoin, the value of each coin in your account experiences a massive fluctuation daily if not every hour and these fluctuations can be very wild. The coin’s value is often different at the middle of the day than at the end of the day that is, it fluctuates during the day before coming to a halt at the end of the day.

bitcoin value-poker

Thus, if you are new to cryptocurrency, you need to see it in the same vein as stock price fluctuations. For example, there as a time the Bitcoin was worth $19,000 per coin before dropping to $13,400 and then it continued to range at that mark. However, the following day, it jumped to $15,000 before dropping to $12,000. This is how unstable Bitcoin can get.

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