With a logo showing a dog from a popular internet meme, you would be forgiven for thinking that DogeCoin is a kind of parody, and to some extent, you would be right. Dogecoin started as a joke in 2013, but against all odds, it’s still going strong in 2020 and has built an impressive social media following. The age of active financial tech development has given us a broad hint that pictures of dead presidents and various national heroes are not necessary on the money. Sometimes amusing doggie is enough to create a full-fledged and recognizable electronic currency, especially if this dog has already become popular on the Internet. Dogecoin gambling is rising in popularity with every passing day.
Thanks to the story about Jamaica’s national bobsleigh team, it has gone beyond the Internet, but even that is not all. Soon enough, the gold-plated coin with a lovely Shiba Inu dog will travel to outer space ― in 2019, it will fly to the Moon with Astrobotic team within the scope of Google Lunar X Prize.
Even though the adoption of Doge leaves much to be desired if compared to Bitcoin, this cryptocurrency has a fairly devoted and cohesive community. It might be able to rival bitcoin gambling at some point in the future. More and more facilities start to accept dogecoins with time. With this virtual money, you can buy food, drinks, clothes, pay for hosting and much other stuff. For example, an online store called GamerzHeat would gladden people who follow E3 and buy expensive GPUs to play Witcher 3 instead of Dogecoin mining ― the website allows you to pay for games with Doge.
Dogecoin Gambling Websites
There are three casinos where Dogecoin is used consistently. The Bitstarz Casino, the FortuneJack Casino, and the FairSpin.io Casino.
These websites offer people different conditions of Dogecoin gambling: one allows you to spend and earn dogecoins in all games, another gives you this option only in some slots, while the third one offers you 100% bonus for each deposit in this cryptocurrency. Blackjack, roulette, slots, poker, dice ― all of these traditional games are available in the mentioned online casinos.
There are also other gambling entertainments, such as:
– Lotteries: you can find them on DogePick.com, Crypto-Games.net, DogeSurf.com, and in casinos from the list
– Hi-Lo: CoinVegas and a LOT of other games
– Ponzi games: PonziDoge, Doge Cryptopyramid, etc.
People who like to make predictions can bet with Dogecoin on DirectBet and MoonBets.
The Creation of Dogecoin
First, the world saw Bitcoin. Many people liked it so much that an alternative cryptocurrency, called Litecoin, was created. In a short while, there appeared Luckycoin, which was based on Litecoin. The final link of this cryptocurrency chain was Dogecoin, launched at the end of 2013. Dogecoin was created by Billy Markus, a programmer from Portland, and Jackson Palmer, an Adobe Systems employee; these guys had a good sense of humor. According to their plan, this new cryptocurrency should have become a great joke for all of the community. They could hardly think that the market cap of their brainchild would reach $60 million in a month after the launch.
According to the CoinMarketCap data, today, in the midsummer of 2017, this number has increased to more than $218 million. What made Dogecoin wallet so popular? Perhaps, charity fundraisings, held by the community, played a crucial role in that. In winter of 2014, a group of people announced the $50.000 fundraising to back up the trip of Jamaica national bobsleigh team to the 2014 Sochi Winter Olympics. Things went smoothly, and the rate of Dogecoin to Bitcoin grew twice as high the next day. Jamaican bobsledders did participate in those Olympic Games, by the way.
Later on, it inspired the community to start the fundraising for building potable water well in Kenya. The campaign was called “Doge4Water”; it raised more than $30.000. In the spring of 2014, people raised $55.000 in dogecoins to sponsor Josh Wise, a NASCAR driver. It is notable that Wise drove a car with a big “Dogecoin” inscription and a few pictures of famous Shiba Inu on the vehicle’s body. To learn more about Dogecoin gambling, check their official website.
Advantages of Dogecoin Gambling
Like most cryptocurrencies, Dogecoin offers you a list of benefits when it comes to online gambling:
1. Anonymity. The system does not require your private data. Nobody will know what casinos you visit and how much money you wager, including the websites.
2. Money saving. Doge-transactions are significantly cheaper than traditional transfers. Besides, cryptocurrency casinos usually offer a higher payback percentage.
3. Promptness. Sending funds in cryptocurrency takes less time than in case of fiat money.
4. Fairness. Playing at provably fair casino, you can be sure that nobody cheats you out of money.
Some gambling lovers believe that it is more profitable to gamble with Doge as opposed to other cryptocurrencies. The main arguments are a higher speed and lesser value of transactions. For others, it is convenient to deal with large sums of coins instead of ten thousandth fractions (reminder: 1 Dogecoin equals $0.00197335 USD now).
Yet, there is another indisputable advantage: there is a doggie on dogecoins. Much wow.
The Internet offers you loads of Doge-entertainments that are not related to stakes. We should begin with the most popular: these are Dogecoin faucets allowing you to earn some coins.
- Moon Dogecoin
- Doge Snails Racing
- Free Doge
- Doge Cryptodrops
- Doge Atom
Dogecoin devotees will surely like Doge 2048 game, which is an “improved” version of browser hit. It won’t bring you earnings, but satisfaction is guaranteed. Have you heard of mining simulators? If not, it is high time to play Dogeminer, which is a fun time killer where you need to collect enough coins for lunar travel. In conclusion: take photos of your dogs, spiders, turtles, and other pets more often. Who knows, maybe it will be your pet who becomes a symbol of some new cryptocurrency. Its picture could fly to the Moon, you know.
To find the best place for online bitcoin gambling, check the Coinbet24 Bitcoin Sportsbook and Casino. In the meantime, this Bitcoin Dictionary will help you understand the basics of cryptocurrencies and how they can be used for betting.