BitCoin Poker – Is It Really a Thing?

It’s strange for an old-school guy like me to think that a virtual currency is being used to play poker.

I’m used to using what I’d consider traditional payment methods to fund my own action – cash, credit cards, and eWallets. A few months ago, I couldn’t have told you what BitCoin is if you’d sat down and patiently explained it to me for an hour first.

BitCoin poker is, really, a thing. A few poker rooms and other gambling sites are now accepting BitCoin as a payment method.

So what is it? And how is it being used to fund online poker accounts?

What Is BitCoin?
Bitcoin is a virtual currency invented in the year 2008 by a person going by the pseudonym “Satoshi Nakamoto.” The first mention of the currency was in a document sent to a cryptography mailing list made up of just a few people. Not much is known about the person (or people) behind the pseudonym, and they left the project altogether in 2010.

It’s interesting that the project was first mentioned among a small group of cryptographers – BitCoin was invented to exist without the need for a financial middle man. Taking banks and fragile world governments out of the equation produces a more stable and equitable currency, and it means that BTC (the currency’s acronym) are immune from seizure or asset freezing. Or so the theory goes.

So what is a BitCoin? You can’t hold one in your hand, in the traditional sense. It exists in the same way that an email exists – stored in a digital cloud. One important thing to note, for those of us used to fiat money, there is no FDIC or other insurance for your BTC.

Why Use BitCoin?
Here are some popular reasons suggested by blogs and message board posts:

BTC is crypto-currency, which means using it is completely private and anonymous.
Yes, transactions are recorded in a public log, for accountability purposes, but names of people involved in transactions are kept secret, hidden behind a generic wallet ID. There’s a dark side to this – goods can be bought or sold online and authorities can’t easily trace the people involved. That means lots of people are participating in illicit activity (see the story of The Silk Road for a perfect example) using this currency.

BTC allows you total control of your money.
Its value can’t be manipulated by any outside entity. Essentially, using BTC turns you into your own bank. The currency’s lack of physical production costs and non-existent need for storage makes it even easier to handle at the end-user level.

Big companies are bringing it into the mainstream.
BTC wasn’t well known until 2011, when the mainstream press got word of its early and rabid adoption by the Technorati. Now, thousands of businesses all over the world accept it as a mainstream payment method, including some surprisingly big names. You can buy your next Dell laptop with BTC, or shop for a cheaper alternative at Overstock.com. Cities saturated with tech geeks now have ATMs where you can exchange cash for BTC, and the other way around.

How Does BitCoin Poker Work?
The reason BitCoin struck me as so strange initially was simple – I am used to traditional (known as “fiat”) currency. So is everyone reading this – it’s what we’re used to, so any alternative feels a little strange.

The first thing a poker player who wants to use BTC needs to do is exchange their native currency for their new virtual currency.

The popular method of purchasing BitCoin is to deal with an exchange or brokerage. Exchanges are places where buyers and sellers are matched based on their bid criteria, while brokerages hoard large collections of BTC that they sell on-demand at a variable rate.

Exchanges and brokerages are pretty much identical for the end-user. It literally takes a minute or two to complete the transaction.

The BTC are then transferred to you through your unique Bitcoin wallet ID. Think of it as a hyper-focused email address for virtual currency. What’s neat about that is you can send money to anyone in the world using BTC, the same way you can send an email across the globe in a second.

Your wallet ID (BTC address) will be a randomized string of letters and numbers, anywhere from 27–34 characters long. That wallet ID is also the place buyers will send cash – which makes the whole email address analogy easier to understand. BitCoins can be sent or received from anywhere, or even sold among friends or in person.

Now that you’ve got your currency in your virtual wallet, it’s time to transfer it to the poker room of your choice. After confirming that the room you want to play at accepts BitCoin, simply send the appropriate amount to their wallet ID. It takes anywhere from a few minutes to a few hours for the BTC to appear in the receiving account.

As an added bonus for poker players, transferring with BTC is totally free, thanks to the virtual nature of the currency. It costs nothing to send and receive virtual money, so you shouldn’t expect any additional transfer fees from your poker room’s cashier department.

Coloring Pages Growing Horizons Of Kids

Children are amazing. They know whatever they are taught. If You wish to enhance the horizon of one’s children, and it’s time to get them participated together with coloring pages. Yes, even they all are on line pages that offer many different ways to bring the hidden talent in your kids. These coloring pages comprises of exceptional lessons that are conveyed at a manner that is fundamental to enable kids to grasp.

Coloring Pages – Benefitting Childrem

Worrying concerning the cost in Association? Chill, as they truly have been available at no price tag. Furthermore, you need to stay away from the stress of shopping for exceptionally costly gadgets that are educational. Everything you will need to have is your distribution for your own printer. It can open the pathway for both kiddies to take high benefits in association with internet colouring pages.

You must be wondering why children Have to Be included in coloring. The main reason is that coloring an image will absolutely control the entire attention of one’s kid. They is going to be in a favorable position to concentrate regarding completing their work followed closely by presenting the most useful finished merchandise.

Parents Can Be Getting Brief Repite

Additionally, Mom and Dad Will Have the Ability to Acquire short respite as your Children will probably undoubtedly be coloring pages which is really a funny exercise. On the web coloring pages have been well known to give children several of the best educational gains entirely. They is going to soon be memorizing numbers along side titles of veggies as well as creatures.

More vulnerability to coloring, simple will probably be learning methodology. Kiddies will secure a chance to fortify the coordination between eye and hand . Since they’ll be learning to color lines, abilities will grow in a ultimate manner. Psychologists state that coloring offers an insight into emotions of children in an imaginative way.

Which exactly are you thinking? Involve your kids with coloring Pages in the earliest.

Lexington, Kentucky Roof Contractor & Window Installation Services

Is it time for new or replacement windows and roofing?
The weather in Lexington, Kentucky can be unforgiving, leaving residents and business owners to scramble at the last minute to resolve issues with their roof or windows.

How do we perform roof and window restoration services?

Home and business owners in the Lexington, KY area will delight in our restoration process. The first step is showing off samples to the property owner to get their approval. After all, the last thing that we want to do is install windows or roof shingles that don’t match your tastes. Our second step is meeting the quality requirements set forth by the client. For this portion of the job, we need to ask questions about the longevity of the materials that will be used. Thus, if the customer decides to save money on roofing materials or windows, we can deliver something that will last with a good warranty. But, for those that want to spend the extra cash for the additional value; we can provide amazing materials with a great warranty. Although every job that we complete uses sturdy and UV-protected materials, spending a bit of extra money will always result in greater longevity.

When is the best time to have your roof or windows inspected?

We have found that the spring and fall months are the ideal time to look at your roof and windows in Lexington. It is during this period that the Kentucky weather staves off enough for our licensed contractors to come out and inspect residential or commercial properties. Regardless of the time of year or the weather, our team is experienced enough to know when your home or business needs aggressive upgrades.

What do you get with a replacement roof and windows package?

When you sit down with our project planner at your property or our offices in Kentucky no detail is left to chance. Therefore, if your goal is to save money, then our licensed window and roof contractors in Lexington will only show you options that make sense for your price range. Although we always attempt to save money for all clients, it is vital to note that safety and security are sincere concerns for our team. Therefore, we will always sell you something that will be able to stand up to the elements along with attempted theft or vandalism. So, whether you want the most deluxe windows and frames in the state or a roof that will last over 30 years, our experienced contractors will ensure that your home is adequately protected.