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Since the launch of Bitcoin in 2009, the most famous cryptocurrency has its ups and downs, reaching its peak in 2017. With the price of Bitcoins still relatively high, many people are wondering how can they use their Bitcoins. We would like to mention that this article is primarily for those of you who are pondering what to do if they obtain Bitcoins.

Probably the most entertaining way to spend your Bitcoins or other respected cryptocurrencies is placing bets or play in an online casino. Sure, there are other entertaining ways of collecting memories, like ordering a pizza and paying with your Bitcoin Wallet, but we will come to this later. Currently, one of the fastest and easiest ways to read trustworthy bookmaker reviews is Nostrabet - the site offers up to date information which online gambling sites accept Bitcoins as a payment method while the Nostrabet team is really helpful if you have any questions regarding a bookmaker. Thee good news is that more and more reputable online bookmakers start to accept cryptocurrency payments and if you have any type of a Bitcoin Wallet, no matter what, you can be sure your money are safe.

Although using your Bitcoins for placing bets or playing slot machines might be profitable, there are other ways to invest or use your Bitcoins. Of course, in recent years, a lot of newly-established companies started offering different services in exchange for Bitcoins. Currently, you can buy airplane tickets, book a hotel for your vacation and even order a pizza, if you live in the USA.

The biggest advantage of Bitcoin, when compared to other currencies, is that it allows peer-to-peer transactions with no intermediary involved. This allows VPN companies, which most of the time have trouble with the government or movie studios, to accept payments for their services using Bitcoin. Currently, more and more companies from this sector accept only cryptocurrencies as a payment method.

As Winnie the Pooh used to say: “The more, the more.” which in the case of Bitcoin translates to: “Invest your Bitcoins and increase them”. Probably the best way to do that is by investing in a Mining Farm or in a super computer, if you want to get the full advantage of your investment. Mining Bitcoins is a very complicated process, but basically it requires a lot of time and a lot of processing power. That means you will have to spend a lot of your precious Bitcoins on high-end hardware and remember your investment will return slowly.

Many specialists think that Bitcoin is a bubble and it will soon blow up. We, however, do not share their opinion, so if you think this article was useful, decide what you want to do - spend your Bitcoins, or invest them in something. The choice is yours!

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A Peer-to-Peer Electronic Cash System

The original Bitcoin paper by Satoshi Nakamoto

Bitcoin in the real world

Bitcoin in the real world