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Luckygames

The post Luckygames appeared first on Bitcoin Millionaire.

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Overview

So what is Luckygames.io?

Well, Luckygames.io is online cryptocurrency based casino. Luckygames.io is an interesting casino because it gives the user the option to utilize a variety of cryptocurrencies. The online cryptocurrency casino accepts more than twenty of some of the most popular cryptocurrencies in the world right now.

Coins that the site utilizes are Bitcoin, Bitcoin Cash, Bitcoin Gold, Bitshares, Blackcoin, BURST, Bytecoin, Cardano, CLAMs, DASH, Decred, Digibyte, Dogecoin, Electroneum, Ethereum and much more! They even have Zcash, WAVES, Vericoin, Verge, Stellar Lumens, Ripple, NEO and, GAS!

The site seems to be looking to becoming one of the leading casinos by being able to bring in more users catering to more cryptocurrencies.

Luckygames.io looks like it was founded in late 2016 and came to light through a user by the name of “luckygames” on a bitcointalk thread. According to the luckygames user, the site went through a rebrand of luckyballs.io and launched with a new look, feel and management. The new management aims to provide the best experience for players in the realm of cryptocurrency.

The current games available for play at Luckygames.io is; Balls, Dice, Roulette, Cells and, Hacker.

The site offers a minimal house edge of 1% giving users a good shot at winning money, just one of the many great features offered by the site.

In addition to these features listed above, the site also provides a chat option to talk with other players, stats and the availability to exchange tokens!

Lastly, their customer service is done through a live chat. They typically reply in under five minutes, if they don’t you can leave your email address and they will follow up with you.

Ready to learn more about the other aspects of Luckygames.io, great, let’s talk about gameplay next!

Luckygames Homepage

Gameplay

There’s a variety of games at play. The site has a couple of features that contribute to the gameplay, a few of these are the fact that it provably fair, they accept US players, integrate security and anonymity as part of their process.

Let’s go a bit further into these contributing aspects of gameplay below.

Provably Fair 

This online gambling casino uses the provably fair verification system which allows players to check the fairness of every bet to verify that they have not been manipulated. In this manner, the site essentially guarantees that they are not manipulating games. The site even provides the user with a small guide on how to verify their games.

Acceptance of United States Players

This acceptance of US players might be an interesting feature as US laws can be quite stringent when it comes to online gambling. Due to the fact that they dealing in cryptocurrencies this means that there is an added level of acceptance, no fiat, just crypto.

Site Security & Simplicity

A cursory glance at the site shows that it does carry a security certificate issued by CloudFlare Inc. Signing up for an account on the site is rather easy. All one has to do is create a username and set a password and they can proceed to deposit a currency to start playing.

Now that we’ve talked about support factors, let’s go into the games themselves!

Balls

Balls is an interesting game because it seems like it is unique to this site. This is a fun game because the user has to guess what ball the magnet will choose. The user has the ability to choose up to 8 balls, but the more balls you choose, the lower your win amount.

If the user chooses correctly, they can win.

Dice

This classic game is also a part of their platform. Couple with high multipliers fast automated betting, this game definitely yields a great experience.

Roulette & Cells

These two games are also interesting and can be simple or complex based on the level of the user. What’s great is that for some games that you might not be familiar with, (like cells) they provide a brief how to.

The min bet amounts on this site are 0.1BTC. The Multipliers that are available to players range from 1.21x to 10.89x.

Bonuses

They are currently running a promotion where individuals are able to enter into a contest, and those who play the most are able to win.

If a user becomes a VIP they will be able to have access to more coins from the Rain bot, the Dice Chat game and will be able to see the profit of any player.

They are currently doing an ADA cryptocurrency giveaway and they seem to do these regularly.

Depositing and Withdrawing

Depositing and withdrawing on the platform seems to be straightforward and a pleasant experience. The site also provides deposit instructions for some coins that need it.

Another good thing that the site provides is the fact that one will be able to know how many confirmations are needed for each coin, letting the user know in advance that they would have to account for the network confirmations prior to seeing the deposit reflected.

When it comes to the withdrawals the case is also the same, it is rather straightforward. The user can clarify their address, their amount and even name their priority.

Withdrawal Luckygames

Source: https://bitcoin-millionaire.com/luckygames/

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Coin Metrics Report Details Surges in ETH, Doge Trading

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Digital currency research firm Coin Metrics has released a new report claiming that bitcoin is beginning to lag when compared with the likes of competing altcoins such as Ethereum and Dogecoin.

Coin Metrics: Altcoins Are Taking Over

While bitcoin is still the world’s number one digital currency by market cap (it is currently trading for about $35,000 per unit), the asset has experienced some serious dips over the past month, while by contrast, Dogecoin and Ethereum have exhibited gains and are regularly moving up the digital ladder.

Coin Metrics garnered much of the information for its report by looking at data from Binance, arguably the largest and most popular crypto exchange on the planet in terms of daily trading volume. Additional statistics were gathered from exchanges such as Coinbase and FTX. Coin Metrics points out that thus far, 2021 has been the year for “smaller altcoins,” suggesting that a great many of them have surged heavily between the months of January and early May. From there, however, a serious crypto crash has taken precedence, with Coin Metrics unable to pinpoint what, exactly, might have been the cause.

For the most part, numerous altcoin pairs are offered on Binance, which explains why the company’s trading volume for many of the world’s smaller assets likely overtook that of bitcoin. The report says:

ETH volume surpassed BTC volume on Coinbase by a wider margin than on Binance. Coinbase did not offer Dogecoin trading in May (although they introduced it in early June), so it did not have a Doge rush similar with Binance, but it did have a relatively high amount of volume for some other altcoins, led by MATIC, ADA and Ethereum Classic (ETC)… Continuing the trend, ETH volume edged out BTC on FTX, although not by much, but comparatively, the top altcoins made up a lower percentage of total volume on FTX than on Binance and Coinbase.

Some of the world’s smaller exchanges – such as Huobi – also saw Ethereum and Dogecoin trading surge to levels beyond what people were doing with bitcoin. The report continues to say:

Similar with Binance, DOGE volume surged on Huobi, taking the spot as the third most traded currency by volume.

Bitcoin Hasn’t Been Fully Cut Out Yet

The only place – according to the document – where bitcoin trading appears to remain dominant at the time of writing is the CME in Chicago, Illinois. The company delves in bitcoin futures trading and has recently opened the door to ETH futures, though this is still in its early stages. Coin Metrics writes:

The markets continued to move mostly sideways over the last week. Bitcoin and Ethereum usage both stayed relatively flat, with daily active addresses dropping 2.5 percent and growing by 3.3 percent, respectively. Ethereum daily transaction fees dropped by over 35 percent week over week as gas prices continued to fall, and bitcoin transaction fees followed a similar pattern, dropping by 40.5 percent.

Tags: bitcoin, Coin Metrics, dogecoin, Ethereum Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.livebitcoinnews.com/coin-metrics-report-details-surge-in-eth-doge-trading/

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How will the drop in this metric affect UNI, CAKE, SUSHI, AAVE?

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Bitcoin maximalists are currently gaining from the dropping altcoin market capitalization. Another group in on that is DeFi project traders and HODLers. This weekend, the altcoin market capitalization dropped further. In the past 7 days, the altcoin market capitalization has dropped along with a drop in altcoin prices. BNB, ADA, DOGE, XRP, DOT and CRV have dropped and this has increased the accumulation, investment inflow.

Low marketcap projects have offered high returns over the past 7 days. There are several factors supporting this narrative. Increasing trade volume of DeFi projects has increased in proportion to altcoin market cap. The demand across exchanges has increased and there is an increase in the number of unique wallet addresses and TVL. This may change the narrative of DeFi to bullish.

High market cap projects may lead to the increase in demand and investment inflow proportionate to the interest of their users. The low market cap projects continue to face a correction when traders exit. The drop in altcoin market capitalization has a direct impact on DeFi users.

Is the diminishing altcoin market capitalization bullish for DeFi

Source: DuneAnalytics

The diminishing altcoin market capitalization has had a direct impact on the investment inflow, the number of traders and the demand across exchanges. This is bullish for DeFi projects as the rising number of users and the metrics related to number of trades, wallets and users indicate a growing interest, investment, institutional investment inflow and growth in DeFi market capitalization.

With the rise in the number of DeFi projects, there is a surge interest from institutions. With the upcoming biggest smart contract event of the year, it is likely that DeFi projects like UNI, CAKE, SUSHI, AAVE that haven’t rallied in the past 2 weeks would rally following increasing demand and popularity, social media mentions.

When the average price chart of these projects is observed, and they are ranked in accordance to their ranking of growth in Active users, there is a strong correlation between users and market capitalization. AAVE, UNI, SUSHI have ranked the highest. Though ranking does not have a direct correlation with social volume and price, it has increased following drop in altcoin market capitalization. This builds a bullish case for DeFi in the following two weeks.


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Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://ambcrypto.com/how-will-the-drop-in-this-metric-affect-uni-cake-sushi-aave

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Bitcoin Taproot upgrade finally achieves activation lock-in!

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The much-anticipated Bitcoin Taproot upgrade passed the Speedy Trial, which was a signaling period which gauged support for the upgrade from bitcoin’s mining sector. Since SegWit, Taproot has been touted as the next significant upgrade for Bitcoin.

Data from Taproot.watch, a webpage created by Bitcoin developer Hampus Sjöberg, released an interesting yet hilarious video to announce the completion of the lock-in stage.

On the official page, it read:

“This period has reached 1815 Taproot signaling blocks, which are required for lock-in.”

Different mining pools tweeted their support for the upgrade on their respective platforms with Slush Pool being the first to do so.

AntPool also supported the upgrade.

What’s next?

Bitcoin core developer Pieter Wuille further elaborated on the path leading to the full activation step for Taproot in a series of tweets. He stated:

“As of block 687284, Taproot signalling has reached 1815 blocks this period, guaranteeing that absent very deep reorgs, it is guaranteed to lock in. Following that, it will activate at block 709632, probably around mid-November 2021.”

He also addressed that ‘there is a lot of work left of course’, which included:

a) PSBT extensions to communicate Taproot keys/scripts/signatures,

b) MuSig2 standardization so the software can cooperate in signing,

c) Output descriptors,

Why is it so important?

Fred Thiel, CEO of Marathon Digital Holdings stated:

“With this upgrade, you’ll see Bitcoin to be the settlement network. Funds are transferred from one institution to another, say one bank to another.”

He added,

“The update would lower the data size of smart contracts, in turn lowering transaction costs. Taproot is also expected to enhance smart contract functionality and efficiency.”

Jeremy Rubin, a Bitcoin Core contributor and founder of Judica projected a similar optimistic narrative,

“With taproot, you get optimization of Bitcoin, much different from how people know Bitcoin today- little too inefficient or reveal too much information about what you’re trying to do. Taproot helps to be private and efficient.”


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Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://ambcrypto.com/bitcoin-taproot-upgrade-finally-achieves-activation-lock-in

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