The top cryptocurrencies for the week of October 11th
Even if you don’t follow the markets, it would have been hard to miss the tech sector fall to pieces Wednesday. Whether or not fortunes improve as the working week draws to a close, it’s hard to ignore that key tech stocks had the worst single-day showing since 2011.
What might seem even more troubling, at least on the surface, is the lack of safe havens. As the evening went on, cryptocurrencies were in for a bumpy ride too. At one point, Bitcoin Cash was down more than 10% over the course of 24 hours. Yet even amidst the panic, Bitcoin still finds itself above the $6,000 mark.
While both fear and exuberance are usually irrational, it’s always wise to look at the big picture. As far as cryptos go, the need for decentralized currencies is greater than it's ever been. Just look at the news and you'll find no shortage of turmoil. With global trade wars brewing, corporations failing to protect the privacy of their customers, and governments secretly monitoring their citizens, the hunger for the blockchain isn’t going anywhere.
Of course, cryptocurrencies have many practical applications in 2018. Do you know how easy it is to play BTC online poker at Americas Cardroom? It's not only simple to get started, but we proudly accept over 60 different cryptocurrencies right now. Whether you are depositing, enjoying cash games and tournaments, or claiming your winnings, cryptos are the smart, safe, secure, and easy choice.
Here are the top five methods used on our network this past week:
4. Bitcoin Cash
Regular readers of this blog should be familiar with Dash. Not only does it regularly appear on our top 5, but it’s a great option for anyone looking to play cryptocurrency poker. Dash currently has a market cap of $1.43 billion and it’s easy to see why. The blockchain asset is fast, secure, private, and unbelievably easy to use, especially when compared to alternatives. We won’t be surprised if Dash achieves its goal of becoming the future’s standard for digital cash.
If you’re new to cryptocurrencies or aren’t sure how to deposit bitcoin, we’ll show you the ropes. Click here to learn about all our cryptocurrency deposit options.
If you’re new to Americas Cardroom, you’re also eligible to receive our 3-part welcome package, which features a 200% bonus up to $1,000 when you make your first deposit using a crypto.