The Bitcoin halving is just days away, and Bitcoin holders are enjoying a rather nice boost to their bank account.
In the run up to the next Bitcoin halving event, prices have once more picked up, with Bitcoin trading around $3,000 higher than it was three weeks prior.
This is great news for all of you out there that like to gamble in Bitcoin as your bankroll is now worth a lot more and your wins are even bigger.
Great News for Bitcoin Gamblers
This latest spike in Bitcoin’s price is amazing news for Bitcoin gamblers, and now is the time to cash in on the rewards.
When signing up to any reputable Bitcoin casino, you will get yourself a rather generous welcome bonus – often involving a Bitcoin deposit match.
This means this deposit bonus is now worth a whole lot more than it was a few days ago, so don’t miss out and cash in on this huge perk right away.
If you bought your Bitcoin three weeks ago when it was around $6,000, you could now deposit it and get a bonus that’s worth $3,000 per coin!
This huge bonus will let you live the high-roller life when you’re next playing at your favorite Bitcoin casino.
When Will the Pump End?
When Bitcoin surges in the manner it has done in the past few weeks, it’s known as a pump, and all pumps eventually come to an end.
For the time being, it appears as if the pump is being driven by demand for Bitcoin before the halving which will occur roughly on Tuesday May 12.
After the halving, miners will receive half as much Bitcoin for processing transactions in what are known as blocks.
This increases scarcity and thanks to the simple rules of supply and demand, that means Bitcoin will eventually be worth more.
But, as more people start to cash in on their bumper gains, the upwards momentum will cease and we should see a retracement to around the $7,000 level.
If you’re holding Bitcoin long-term or simply use it to gamble with at your favorite online casinos, then you have nothing to fear – carry on having fun.
Is the Halving Going to Change the Way I Play at Bitcoin Casinos?
Absolutely not. You’ve got nothing to fear about the Bitcoin halving process, it’s a simple change that happens between blocks and it’s done automatically.
It won’t change the way you deposit with Bitcoin, your Bitcoin’s value or anything else you can think of.
The only people that are impacted by the halving are miners, and if you’re not sure whether you’re a miner or not, then you’re definitely not one – so relax.
Sit Back and Enjoy the Rewards
Unless you’re a Bitcoin miner, we simply suggest you sit back, sip your cocktail and spin your favorite Bitcoin reels as the halving approaches.
Your Bitcoin will be worth a whole lot more in a few months, so if you can pick up a few big wins now on your favorite Bitcoin slots, you could be staring at a pretty huge bankroll in a few months’ time!