Anari Sngbe, Founder at ProducTank, a gaming company that also accepts cryptocurrencies says that DirectBet accepting ether is a continuing pattern of opportunities leading the revolution. He says that by accepting Ether, DirectBet is leading the way for others to follow.
The online betting company made a move that is bound to cause a ripple effect and a direct impact on the value of the cryptocurrency. It already uses Bitcoins, Litecoins, Dogecoins, and Dash.
According to Gold, DirectBet was the first to start accepting Dash (known then as Darkcoins) back in 2014.
Considering previous trends, DirectBet believes that this move will kick off an adoption pattern by other companies. A belief which is born out of a past experience when the company started accepting Dash.
DirectBet also claims to be the leading, safest, live cryptocurrency sportsbook, racebook and casino, having been voted the #1 Bitcoin Sportsbook by Bitcointalk members for 2 years in a row.
According to DirectBet Marketing Director, Michelle Gold, DirectBet is the first major company to accept Ether as a coin.
“Now we know who is going to be leading the way, their are lots of people sitting on lots of Ether, for the most part we've seen Ether being used for good, DOA being a great example. Folks also want to have fun with Ether and find ways to turn their Ether into more Ether.”
“I do not know how much effect this could have on the cryptocurrency, neither can I tell how much Ether payments they are receiving at the moment. I see it as a continuation of the Ethereum adoption by the market.”
Following DirectBet’s Dash acceptance announcement, Dash’s price doubled shortly afterwards, suggesting that their acceptance of Ether will facilitate an upsurge in the value of the cryptocurrency.
“We are now seeing lots of Ethereum enthusiasts betting with their Ether on Sports, Horse Racing, Politics and other special events such as the Eurovision, as well as playing our provably fair Direct Dice and All-In Poker Flips directly on the Ethereum blockchain.”
Ether is now a valid currency for players who want to place bets on DirectBet. According to its Marketing Director, Michelle Gold, DirectBet is the first major company to accept Ether as a coin.
The Founder and CEO of , Roman Mandeleil thinks it is too early to predict the outcome this development. He sees it as a continuation of the Ethereum adoption.
CBOE Saw Its Highest-Ever Bitcoin Futures Volumes Yesterday
Two major markets for bitcoin futures contracts saw a major boost in volume on Wednesday.
Available market data shows that CBOE saw its highest-ever volume for bitcoin futures since it first debute
Former Paypal CEO says investors are drinking the bitcoin 'Kool-Aid'
Former head of online payments giant Paypal is bullish on the future of digital money but maintains that bitcoin is a scam. "Everyone is drinking the Kool-Aid," Bill Harris, former Paypal, CEO
OmiseGo Hits Two-Month High Amid Exchange Listings
OmiseGo's OMG token is reporting double-digit gains today, figures that throw shade on the rest of the top 25 cryptocurrencies by market valuation.
Having clocked a two-month high of $20.67 earlier
More Than $140 Million in Bitcoin Moved from Mt Gox Wallets
16,000 bitcoins (an amount worth about $141 million) tied to the now-defunct bitcoin exchange Mt Gox were moved on Thursday.
According to CryptoGround, which monitors Mt Gox's remaining wallets, th
Crypto Mining Made Up 10% of AMD's Revenue in Q1
Cryptocurrency mining demand accounted for as much as 10% of AMD's first-quarter revenue this year, according to the chip maker.
"The strength in Radeon products was driven by both gaming and block
Romania's Oldest Bitcoin Exchange Is Shutting Down Next Week
Romania's BTCxChange announced it was closing its platform earlier this week.
In a notice dated April 22, the nation's oldest cryptocurrency exchange told its customers to withdraw all of their rem
Ripple Says Sales of XRP Cryptocurrency Rose 83% In Q1
Ripple reported Wednesday that sales of its cryptocurrency XRP totaled $167.7 million in the first three months of 2018, an increase of 83% compared to the previous quarter and of 2,400% compared to t
There are now 17 million bitcoins in existence — only 4 million left to 'mine'
More than 80 percent of the bitcoins that will ever exist have now been created. The 17 millionth bitcoin was "mined" Thursday, according to data from Blockchain.info, more than a year since the