• Bitcoin is again attempting a recovery from the 30-day moving average, currently at $7,710. The key average has consistently reversed price pullbacks in the last four months.
• This time, BTC is more likely to end up creating a bearish lower high (shallow bounce) or may find acceptance below the average in the next day or two, as both the daily and weekly technical indicators are calling a deeper price pullback.
• A UTC close below the 30-day MA would open the doors to $7,000.
• If the ongoing recovery from the MA ends with a UTC close above $8,103 (today’s high), BTC may rise to $8,500 in the next couple of days.

Bitcoin’s (BTC) price pullback seems to have stalled near historically strong support, but a bounce, if any, could be shallow.

The cryptocurrency market leader dived below $8,000 in the Asian trading hours today and almost tested the crucial 30-day moving average (MA) support, currently at $7,707, according to Bitstamp data.

https://www.coindesk.com/long-term-support-level-may-struggle-to-revive-bitcoin-price-rally

I'm going with Litecoin because it has been making progress toward decreasing its transaction time, which is crucial in helping this digital currency serve as a viable medium of exchange as well as use in gambling.

I think i'm gonna vote for for EOS and Ripple (XRP). They are two of the top performing cryptocurrencies and i would like to see them being used in gambling as well. so i'll go for it.

Baccarat is the most interesting in terms of design. They have an easy-to-use interface so even players new to Dice and Crash will get started right away.

Everyone certainly knows this game, because indeed this is a very fun game and not a new game for those of us who are already gambling, maybe we all know more about Powerball games. You can see a very large jackpot and everyone has a chance to win it. There was no better method to play in a straightforward way and that is the manner by which MatchBillion was reawakened in light of crypto.

The crazy volatility of cryptocurrencies constitute one primary reason why they can never replace fiat currencies, but there are more pressing factors such as internet usage. Cryptocurrencies existence is mainly made possible by technology and the internet. With a device and access to the internet, almost anyone can get into the cryptocurrency game.

Following one of its best months in years, Bitcoin realized a steep correction which drove the price down below $8,000. As it’s almost always the case with sharp and notable BTC price movements, concerns of price manipulation didn’t take long to emerge.

Shortly before the sudden drop in Bitcoin’s price, a significant amount of BTC was moved to Coinbase’s exchange wallet from an unknown wallet. The transaction can be seen here. The total amount of 25,160 BTC, at the time of the drop, was worth around $215 million.


https://cryptopotato.com/the-reason-why-bitcoin-plunged-25000-btc-215-million-transferred-to-coinbase-shortly-before/

Why won't Facebook just use another cryptocurrency, or even Bitcoin? It looks like Facebook is trying to disrupt Bitcoin by teaming up with banks and governments. Facebook and banks trying to disrupt Bitcoin that is trying to disrupt the banks. With Bitcoin not being supported by the banking industry and large governments, Facebook is trying to get the traditional parties on their side.

Analytical firm Delphi Digital has called bitcoin (BTC) the "King of the Assets Class Hill" due to the coin’s outperformance in recent months, the Next Web reported on June 3.

Delphi Digital based its commentary on bitcoin’s returns for four straight months, especially given that bitcoin’s performance comes at a time when traditional risk assets continue to face selling pressure.


According to Delphi Digital, investors have been driven to leave riskier positions for "safe haven assets" amidst waning sentiment for economic growth in 2019 and United States–China trade war controversy,  although bitcoin has still outperformed conventional assets, including gold and oil.


https://cointelegraph.com/news/analytical-firm-calls-bitcoin-king-of-the-assets-class-hill

Even without Voice, EOS is already a decent competitor to Ethereum. It is seen as a fundamental solution to some of Blockchain’s problems, as it has incorporated the DPoS protocol (proof-of-stake protocol), which essentially works as a community responsible for transaction authentication. It also introduced the ability to correct an error and make changes with the absolute majority consensus, rather than undergoing a hard fork.

With these limitations considered, these are the top US blockchain schools based on three key quantitative factors:

• Number of blockchain-related courses,
• Number of blockchain organizations on campus
• Each school’s access to the blockchain technology industry.

For example, a higher rank is indicative of a higher number of courses offered.
1. Stanford
2. University of California, Berkeley
3. New York University
4. Massachusetts Institute of Technology
5. Cornell University
6. Georgetown University
7. Harvard University
8. Duke University
9. Carnegie Mellon University
10. University of Pennsylvania

Top 10 Blockchain Universities

That said, if Bitcoin really is the second coming of gold, what does this mean for its future?. Once investors realize that gold doesn’t perform as well as BTC, asset prices could reach $100,000 per coin. However, the U.S. dollar is similar to a Ponzi scheme, meaning additional money could come to it as time goes on.

• XRP slides 9.1 percent
• Ripple overly successful despite few banks adopting xRapid

The SEC is bending for innovation’s sake. Crypto and blockchain are complex. They are a blend of different fields and all of a sudden, disrupting. Ripple may benefit, but clarification on the status of XRP will propel prices higher.

Blockchain and crypto, in general, is an innovation competition. It’s all about who will devise the best solution, an option that will take on existing legacy system(s). Thus far, there are thousands of projects that seek to dethrone Ripple and Bitcoin. While Bitcoin is the most capitalized, Ripple has grand visions.

https://www.newsbtc.com/2019/06/04/secs-new-decision-a-reprieve-ripple-xrp-falter/

Provably Fair
Provably fair gambling is a process whereby a player can verify that the outcomes of games have been fair in real time.

It makes use of these three technology:
Random Number Generators

• Random number generators generate millions of numbers per second and determine game outcomes.

Seed Generators

• Seed generators create the numbers which are fed into algorithms, which in turn determine outcomes. In provably fair systems, players get to add a seed number, ensuring the casino isn’t in control of the outcome.

Hashing

• Hashing is the transformation of a longer string of data into a shorter string. In the context of provably fair gambling, when a seed number is hashed, it is encrypted. For all practical purposes, the cryptographic hashes used at Bitcoin gambling sites are considered unbreakable. This means you can be sure they haven’t been tampered with.

How does provably fair work?
Although there are several implementations of the provably fair method, we will describe the most common one. With this method each roll-result is calculated by the following variables:

Serverseed - provided by the gambling site

• You will get an encrypted hash of the serverseed before you start gambling. Since you get it in advance, the site cannot change it later. However it is encrypted, so you cannot calculate your own roll results in advance (only afterwards if you get the unhashed serverseed.)

Clientseed - provided by your browser and adjusted by you

• Your browser will generate a random clientseed. However, you could and should adjust this clientseed before you start. This way you can make sure the site does not know your clientseed in advance.

Nonce - A number that increases with each bet you make

• Now if you make a bet the nonce starts with 0 or 1 depending on the website. After each bet you make, the nonce number will go up by 1.

How do you know if a Bitcoin Gambling is Provably Fair?

The easiest way is to use provably fair verifiers.
Here Are the list:
BetKing verifier
BetterBets verifier
BitDice.me verifier
Bitsler verifier
Crypto-Games.net verifier
Just-Dice.com verifier
Nitrogen Dice verifier
Primedice verifier
SafeDice verifier



Provably Fair
Provably Fair Gaming

Smartwatch users can now receive bitcoin lightning payments in seconds thanks to the new BlueWallet app.

Developed by BlueWallet, the app allows users to generate a QR code on their watch which someone else can scan with their smartphone to quickly send them payment over the Lightning Network, all with a few quick taps on their smartwatch.


https://cryptoslate.com/get-bitcoin-on-your-smartwatch-with-this-lightning-network-app/

This is an old topic but for the sake of the argument i'll leave it here.

Changing the Bitcoin code
Some altcoins have already done this to avoid the race for computing power by miners. This eliminates the need for dedicated high-speed mining equipment.

Hardware
ASIC miners use less power to generate more coins

Buying carbon credits
It is designed to underpin renewable energy credits, meaning that when you trade them, you’re supporting a market that rewards the production of solar energy.

Buying green power
Most jurisdictions offer ways to purchase power from alternative energy suppliers. Alternatively, you can buy renewable energy certificates or their equivalents, which are tradable certificates rewarding producers of renewable energy.

You can look at it here.

According to a recent Twitter post from Josh Olszewicz, an analyst at Brave New Coin, Bitcoin’s one-day chart is starting to show signs that bears are starting to creep into the cryptocurrency scene. He explains that Bitcoin is currently trading in a rising wedge pattern, which if not broken past, often acts as a catalyst for a bearish trend reversal.

What’s more, there have been bearish divergences between Bitcoin’s price, and the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD). In other words, as BTC has moved higher over the past two weeks, these indicators have trended lower. This is important, as bullish divergences seemingly preceded a number of crypto market rallies throughout recent trading sessions.

Full Story Here.

Your thoughts guys?

As you can see, there is quite a large diversity in the factors which impact the market. The first factor, which is supply and demand, is a slow-but-sure way to affect the price. In case of the media influence, the change is more drastically leading to speculative trade.

The veteran stockbroker said bitcoin has not accurately recovered from 2018’s bearish sentiment, wherein its rate dropped from $20,000 to $3,200 in just 11 months. Adding that every bear market has fake rallies that attempt to "sucker in" the bulls, Schiff noted that the ongoing bitcoin price boom is one of the same things. Excerpts:

• "A lot of people got suckered into this pump-and-dump scheme because they heard all the stories about young kids taking their Bar Mitzvah money into bitcoin and bought a Lambo. Pretty soon, it is going to be stories about people who lost their life savings because they put real money instead of play money into bitcoin."

https://www.newsbtc.com/2019/06/02/bitcoin-is-having-a-false-price-rally-says-peter-schiff/

Investment is not gambling if done thoroughly and carefully, but day trading most certainly is. But the problem doesn’t just lie in the highly volatile nature of the practice but actually in the frequency itself. Because you make lots of transactions, you will also pay a large quantity of fees for a relatively small percentage gain on money invested, which further diminished the methods reliability.