I watched Cameron’s “one market” speech this morning… what a load of drivel
Modern Money Mechanics
Bitcoin-funded online casino turned a $572,000 profit after six months of operation
By Nathan Ingraham
January 23, 2013
The digital currency known as Bitcoin has recently found a home in online casinos as a way to circumvent the government’s crackdown on digital gambling. Now, a few of those casinos have released some financial data for 2012 and at least one managed to turn a nice profit over the last year. SatoshiDice, which offers up a game where players choose a number and bet on the chance that a randomly-rolled number is higher than their choice, says that it posted a profit of ฿33,310 — that works out to over $572,400. SatoshiDice also revealed that in its 245 days of operation, players placed some 2.3 million bets totaling ฿1,787,470.43; the company paid out ฿1,752,617.73 plus ฿1,542.85 in fees.
BitZino, another online Bitcoin-based casino that offers more traditional games like Blackjack, Roulette, and Craps, didn’t indicate whether or not it turned a profit on its games since launching in June of 2012, but it did say that it paid out a total of ฿28,986 to users — that works out to $498,097. BitZino also said that it only paid ฿0.905 in transaction fees, which works out to a fee percentage of only 0.0031 percent. While there’s no question that these numbers don’t come close to the business a standard casino might do, it seems that Bitcoin has at least provided a way for online gamblers to get back into the game. Whether this strategy will clash with Bitcoin’s attempts to go mainstream remains to be seen.
Oz's
As I have commented B4
Wouldn’t it be entertaining if the US President’s & Congress did this…(Bush jnr! Lol:))no real result of course, a facade for 350 years…but it would still be a laugh
Flopot
Skinner nailed it – a cesspit of banksters sucking up the wealth of nations via their crony national lawmakers.
MonsantoUSAbioterrorists
UK mass murdering politicians. There is special place in Hell for these bastards. I dont see anyone rebelling in UK. What a bunch of total slobs these English. They havent changed one bit. Sheep lead to the slautherhouse by their masters.
Silverstreamist
William Hague’s face on this video with the soundtrack of “Psycho” in the background.
Quite something…
davem
We need more stuff like this from Labour – Skinner’s analysis is spot on – but shame the younger politicians keep so quiet. What are they thinking?
GGees
Both the leadership of Labour and Conservative are Davos approved, makes no difference
SophBee
We need more politicians like Dennis Skinner speaking the truth!
Flopot
GGees is correct. They are all stooges now. Remember when Ed’s brother stepped out from a DAVOS meeting and declared Putin a “ruthless dictator”? Maybe I’ve got it wrong. Anyway, it seemed to be that David Miliband was working from a Western corporatist script.
trooper dave
Goldman sachs ceo telling British BBC viewers that to leave the EU would be terrible for Britain. OOOooo, be afraid, do not dare upset your masters
trooper dave
@DaveM and GGees. don’t fall for the left/right, tory/labour, red/blue ….. it was the last government farce. The two party system are just two faces of the same coin. A coin owned by the masters who tell the party in power what to do while the party out of power says what the people needs to hear to fool them into thinking that there is still people in politics who care about the people.
Jeremy
Enfermo bastardos bendeco jefe. Diez onza de buenos calidad plata e tu martillo cabeza caMoron e a AK47, atheros.
Would you like it in german you bilderberg nazzi cockneys bas***d?
No fekin EU, no crawling to the crauts for a bu115hit bargain.
Yeah…you seem to say a lot Dave…
http://cameron-cloggysmoralcompass.blogspot.co.uk/p/coalition-christmas.html
…unfortunately most of it’s bollocks.
I watched Cameron’s “one market” speech this morning… what a load of drivel
Bitcoin-funded online casino turned a $572,000 profit after six months of operation
By Nathan Ingraham
January 23, 2013
The digital currency known as Bitcoin has recently found a home in online casinos as a way to circumvent the government’s crackdown on digital gambling. Now, a few of those casinos have released some financial data for 2012 and at least one managed to turn a nice profit over the last year. SatoshiDice, which offers up a game where players choose a number and bet on the chance that a randomly-rolled number is higher than their choice, says that it posted a profit of ฿33,310 — that works out to over $572,400. SatoshiDice also revealed that in its 245 days of operation, players placed some 2.3 million bets totaling ฿1,787,470.43; the company paid out ฿1,752,617.73 plus ฿1,542.85 in fees.
BitZino, another online Bitcoin-based casino that offers more traditional games like Blackjack, Roulette, and Craps, didn’t indicate whether or not it turned a profit on its games since launching in June of 2012, but it did say that it paid out a total of ฿28,986 to users — that works out to $498,097. BitZino also said that it only paid ฿0.905 in transaction fees, which works out to a fee percentage of only 0.0031 percent. While there’s no question that these numbers don’t come close to the business a standard casino might do, it seems that Bitcoin has at least provided a way for online gamblers to get back into the game. Whether this strategy will clash with Bitcoin’s attempts to go mainstream remains to be seen.
As I have commented B4
Wouldn’t it be entertaining if the US President’s & Congress did this…(Bush jnr! Lol:))no real result of course, a facade for 350 years…but it would still be a laugh
Skinner nailed it – a cesspit of banksters sucking up the wealth of nations via their crony national lawmakers.
UK mass murdering politicians. There is special place in Hell for these bastards. I dont see anyone rebelling in UK. What a bunch of total slobs these English. They havent changed one bit. Sheep lead to the slautherhouse by their masters.
William Hague’s face on this video with the soundtrack of “Psycho” in the background.
Quite something…
We need more stuff like this from Labour – Skinner’s analysis is spot on – but shame the younger politicians keep so quiet. What are they thinking?
Both the leadership of Labour and Conservative are Davos approved, makes no difference
We need more politicians like Dennis Skinner speaking the truth!
GGees is correct. They are all stooges now. Remember when Ed’s brother stepped out from a DAVOS meeting and declared Putin a “ruthless dictator”? Maybe I’ve got it wrong. Anyway, it seemed to be that David Miliband was working from a Western corporatist script.
Goldman sachs ceo telling British BBC viewers that to leave the EU would be terrible for Britain. OOOooo, be afraid, do not dare upset your masters
@DaveM and GGees. don’t fall for the left/right, tory/labour, red/blue ….. it was the last government farce. The two party system are just two faces of the same coin. A coin owned by the masters who tell the party in power what to do while the party out of power says what the people needs to hear to fool them into thinking that there is still people in politics who care about the people.
Enfermo bastardos bendeco jefe. Diez onza de buenos calidad plata e tu martillo cabeza caMoron e a AK47, atheros.
Would you like it in german you bilderberg nazzi cockneys bas***d?
No fekin EU, no crawling to the crauts for a bu115hit bargain.