FAQ

General

What is Bitcoin?

What are bitcoins?

What is Blockchain?

What is the difference between Bitcoin and the blockchain?

What is a cryptocurrency?

What is the difference between a cryptocurrency and Bitcoin?

Who invented Bitcoin?

How does Bitcoin work?

How can I get bitcoins? – How does one acquire bitcoins?

How can I accept bitcoin payments?

What is a public key?

What is a private key?

What is a bitcoin wallet?

What kind of bitcoin wallets are there?

What is a Bitcoin exchange?

How can I buy bitcoins?

Can I buy bitcoins with PayPal?

How are new bitcoins created?

How difficult is it to make a Bitcoin payment?

Is Bitcoin anonymous?

How can I increase the anonymity when using bitcoin?

What are the advantages of Bitcoin?

What are the disadvantages of Bitcoin?

Why do people trust Bitcoin?

Can I make money with Bitcoin?

Is Bitcoin completely virtual and immaterial?

Who controls the Bitcoin network?

Where can I find a forum to discuss Bitcoin?

How much bitcoins exist now?

What determinate bitcoins price?

What are the different denominations of bitcoin (BTC)?

How long will it take to generate all the coins?

When has each bitcoin been mined will more blocks be created?

If no more bitcoins are mined what happens when Bitcoins are lost?

Economy

Is bitcoins money?

Why do bitcoins have any value?

What determines bitcoin’s price?

Can bitcoins become worthless?

Is Bitcoin a fraud?

Is Bitcoin a Ponzi scheme?

Doesn’t Bitcoin unfairly benefit early adopters?

Won’t the finite amount of bitcoins be a limitation?

Won’t the finite amount of bitcoins create deflation?

If a wallet is lost will it create deflation among bitcoins?

What if someone bought up all the existing Bitcoins?

What if someone creates a better digital currency then bitcoin?

Is Bitcoin open to value manipulation?

Transactions

Why do I have to wait for confirmation?

How long does a confirmation take?

What do I do if I haven’t received my bitcoin payment?

The transaction fee I entered was too small what happens with my bitcoin?

Why does my Bitcoin address keep changing?

My bitcoin address changed what happens with payments done to that address?

How much will the transaction fee be?

What happens when someone sends me a bitcoin, but my computer is powered off?

What is “synchronizing” and why does it take so long?

Mining

What is Bitcoin mining?

How does Bitcoin mining work?

How does Bitcoin mining help to secure the system?

Is bitcoin mining a waste of energy?

Safety

Is Bitcoin secure?

Hasn’t Bitcoin been hacked in the past?

Could users collude against Bitcoin?

Legal

Is Bitcoin legal?

Is Bitcoin used for illegal activities?

Can Bitcoin be regulated?

Is Bitcoin taxable?

1. General

What is a crypto casino?

What is a Bitcoin casino?

What types of Bitcoin casinos are there?

What are the benefits of playing casino with bitcoins?

Why is gambling with bitcoin and cryptocurrencies better?

Is bitcoin gambling legal?

Is gambling with Bitcoins anonymous?

Are there US friendly bitcoin casinos?

Can I play bitcoin casino on my phone?

What does responsible gambling mean?

What are Bitcoin High Yield Investment Programs?

Are bitcoin bets registered on the blockchain?

What are wagering requirements?

Do I need to download software to play on a Bitcoin casino?

Can I gamble with Bitcoin from Anywhere?

Is it legal for me to play bitcoin casino when I live in this jurisdiction (country)?

But what if I want to play bitcoin casino although it is not legal?

Is there a specific gambling site for Bitcoin gamblers from the US?

Do all crypto casinos accept Bitcoin deposits?

What other cryptocurrencies can I use for online casino deposits?

2. How to play with bitcoin

How do I open a bitcoin casino account?

How do I deposit to a bitcoin casino?

Is there a minimum deposit on Bitcoin casinos?

What is the maximum amount of bitcoin I can deposit?

How do I withdraw?

How long does it take to deposit and cash out from a bitcoin casino?

Do I need a credit card or bank account to gamble?

3. Bitcoin Casino bonus

Are there Bitcoin casino bonuses?

How do the bitcoin deposit bonuses work?

How do I claim a bitcoin casino bonus?

4. Play Bitcoin Casino free

Can I play bitcoin casino for free?

Do bitcoin casinos offer free bitcoins?

Are there Bitcoin Casino Faucets?

5. Bitcoin Casino Games

Are there special Bitcoin Casino Games?

Can I play slots from providers like NetEnt, Microgaming or any other software provider that is found on regular fiat casinos?

Are bitcoin casinos secure? Or Is it safe and fair?

What is the house edge on a bitcoin casino?

What does is provably fair and what does it mean?

How does provably fair gambling work?

How do you know if a bitcoin casino is provably fair?

Is it possible for a provably fair Bitcoin gambling site to cheat players?

Can a regular online casino with fiat currency have the provably fair system?

Are Bitcoin casinos regulated?

Is a Bitcoin casino license necessary if the games are provably fair?

Are my winnings reported to a government agency?

How do I remain anonymous while playing bitcoin casino?

6. Bitcoin Gambling USA

Is Bitcoin gambling legal for US players?

In what states is Bitcoin gambling legal and illegal?

What is UIGEA – The Unlawful Internet Gambling Enforcement Act?