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November was the Worst Month for Bitcoin Prices in 7 Years

The great Bitcoin selloff of 2018 continued in November. In fact, it was the worst month in the past 7 years as the price of BTC dropped another 37% in November alone. Is there any hope left for Bitcoin and cryptocurrencies? After Bitcoin dropping 37% in one month many hodler’s are finally starting to worry. Others are saying that we have seen the worst of it now. Only time will let us know for sure.

Where is the Bottom for Bitcoin?

The huge bear market of 2018 has been quite the opposite of the amazing bull market of 2017. The big question is when & where will Bitcoin find a bottom? Some bulls have already called $3,400 the bottom while other experts argue that it needs to test $2,500 to find a true bottom.

Bitcoin Price Range Bound in December

Bitcoin IconMost likely the price of Bitcoin will remain range bound in December to close out the year somewhere between $3,400-$4,400. It could possibly break out a little higher towards $5,000. It could also possibly drop even further towards $3,000.

Given that after the first 6 months of the year when Bitcoin was in a decline it found stable grounds for 4 months near the $6,400 level its likely the price action will follow that same trend. Finding a narrow trading range over the next couple of months while the market determines the real value of BTC is likely.

How does this Affect Bitcoin Gambling?

The slow downturn in the price of BTC has had a negative impact on the Bitcoin gambling industry. Many gamblers had been playing at online casinos with Bitcoins over the last few years. A good percentage of these Bitcoin gamblers have started to wait on the sidelines. Many of them have sold their Bitcoins in hopes to buy them back later on at cheaper prices.

Bitcoin casinos are expecting a new wave of crypto gamblers to arrive in 2019 based on the hope that it will be a better year ahead for cryptocurrency prices. Lets wait and see how it unfolds.

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Bitcoin Gambling in 2018

Bitcoin Gambling in 2018 is taking off after the unbelievable bitcoin and cryptocurrency run of 2017. Now bitcoin gambling sites are the hot new trending buzz in the realm of gambling online. So bitcoin what’s next for online bitcoin gamblers? There’s some good news on the horizon of cryptocurrency gambling.

Many online casinos are starting to accept bitcoin (BTC) and other cryptocurrencies as forms of payment. Until last year there were only a few bitcoin casinos which had a limited number of casino games to play. But when bitcoin started booming in 2017 people started to notice and the number of online gambling sites that accept bitcoin started to increase.

Another new trend on the rise with bitcoin gambling sites are what they call “hybrid” casinos. These hybrid casinos are online casinos that accept bitcoin and USD, Euro, GBP, CAD and other national fiat currencies. Bitcoin casino sites such as hybrid casinos are exploding right now and everyone operating an online gambling site is wanting to get in on the action while its hot.

Bitcoin dice games are some of the most popular games on the smaller bitcoin gambling websites. On the larger bitcoin casinos the more traditional online casino games are the popular choice. Gamblers can play a variety of games from video poker and slots to baccarat and Texas holdem. Online slots are naturally the biggest of all online bitcoin casino games just like they are the most payed games in land based casinos.

2018 is going to be a big year for bitcoin gambling casinos with more mainstream online casinos quickly adding BTC to their list of payment methods in a race for online bitcoin gambler’s play. Bitcoingamblingsites.io has listed a few of our favorite bitcoin casino sites below.

You can safely bet that online betting with bitcoins will continue to grow with online gamblers in the months ahead in 2018. Bookmark BitcoinGamblingSites now and come back often for the latest bitcoin gambling news and bitcoin casino reviews.

Bitcoingamblingsites.io homepage.

 

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Best Bitcoin Gambling Sites of 2017

Bitcoin Gambling Sites has researched the web in search of the very best bitcoin gambling sites of 2017. Listed below you will find our picks of the best bitcoin casinos and online gambling sites that accept bitcoins.

# 1 Lucky Creek Casino – Lucky Creek Online Casino hosts over 200 casino games from Saucify gambling software. Play Sirens Serenade or Age of Spartans mobile friendly slots or try out some classic table games like baccarat and blackjack. 100% Match bonus up to $500.

# 2 Bitstarz – BitStarz Casino is one of the biggest names in bitcoin gambling. Their online casino site offers a large selection of casino games to play all with BTC.

# 3 Bovada Casino – Bovada was one of the first major online casino sites to accept bitcoin. Bovada Casino is part of the Bodog gaming group so they have an excellent reputation for gaming fairness and generous promotions. New players receive up to $2,000 in BTC bonuses.

# 4 Jackpot Wheel – With mobile friendly games from Saucify software, Jackpot Wheel is rising quickly in the realm of bitcoin gambling sites. This is a great casino for playing online slot machines with over 100 no download slots that you can play from almost every type of mobile device.

# 5 Slots LV Casino – One of the best sites for playing bitcoin slot machines, Slots LV offers a massive welcome bonus up to $1,000 for bitcoin deposits. Play hundreds of online slot games from Realtime Gaming, Betsoft and NetEnt gambling software platforms.

# 6 mBit Casino – mBit is a pioneer in the world of Bitcoin casinos. Play all of your favorite casino games and win bitcoin with mBit Casino. New players are eligible for a 100% match welcome bonus up to 1,000 mBTC.

Each of these bitcoin casinos are popular with bitcoin gamblers across the web in countries all over the world. 2017 was a monster year for bitcoin and as a result gambling sites that accept bitcoins have gained traction within the online gambling community. Find the best online bitcoin gambling sites at bitcoingamblingsites.io.