This is a follow up article about the old Peerbet review, the owner of Peerbet contacted me according to the review.
I have had my own experiences with Peerbet. A good site, and it differs from other well known Bitcoin sites. I had some criticism about Peerbet, mainly because it had no option to ‘try’ or register without E-mail (which is something for privacy-parrots and real Bitcoin veterans). They offer instant withdrawals now, so take a bite of coins.
Their simple response to my review was: “We’ve added it now. Check your facts”. And now I did. I wrote this article as a huge appreciation and a apology. I underestimated Peerbet.
Well, a thank you to the Peerbet staff for reporting it and actually implementing the feature. Even if its criticism from a small blog like this, it’s a great improvement.
Until next time~
Last time, on the ‘old’ version of my blog, I covered Bitcoin and SatoshiDICE. I’ve had a small review about it, combined in the About Bitcoin article. I visit Daily Bitcoins on a regular basis, and there was an ad about a service called PeerBet, and the ‘peer’ part in the name draw my attention.
This site claims to have ‘no-house edge’, so the betting usage itself doesn’t cost anything for the user. Gambling isn’t my thing as written earlier, but I was curious since I got a coupon code and saw a hole to review it. The coupon I got was of a low value: 0.001 BTC.
Here is how it works:
- You can either create a raffle, or join a raffle.
- This is why it’s called ‘peer’ bet, from user to user.
- You can create a raffle with a maximum of 16 million tickets: a minimum of 2. (since you obviously win with only one).
- You can make raffles private with a password.
It’s basically the same as SatoshiDICE, but again, without cost and you have a raffle.
The site itself looks dark and straight boxed, a clean interface. The user created raffles are usually a 50/50 raffle: two tickets. You can’t really sort the raffles though, and even when you do, you don’t have too many options. Also, a huge disadvantage is that you must register: something most Bitcoin users do not like (SatoshiDICE just uses your Bitcoin address).
- User to user without fee
- You can buy unlimited tickets
- Payments take long and are not instant: payments are done manually it seems.
- You must register (including e-mail)
- The site needs tweaking
- Hack-Sensitive: you must withdraw payments on your own (not automatically), and thus there are Bitcoins on the site itself.
I do not really recommend this site, nor gambling at all. At the moment it is just too rough and quick build. This isn’t a huge difference from SealsWithClubs.
So, if you have a few pennies left, go ahead.
I just checked the price for 250 LTC, which is worth 1.65 BTC. Wait… what?! Just in one week, the price of 250 LTC went to ~0.90BTC to.. well… 1.65BTC. Which is a huge price increase. I think this is caused by the Bitcoin block reward, which is going from 50 BTC to 25 BTC, and people searching alternatives. The huge difference though, is that Bitcoin uses the GPU for mining. Litecoin uses the processing power of the CPU (there are programs like Reaper that use the GPU for mining Litecoins, though. But it is very instable on many cards at the moment.). I don’t recommend buying Litecoins, though. This is because it isn’t sure if the price is going to rise any more or not.
So, this is was a good week for Litecoin, and the (Litecoin) community. Well, this was all for today, because I have a tight schedule (work+a study).
~ Until next time!
Well, here it is. My website is up and running, and not everything is restored. It took a little longer than I expected, and my apologies for my readers.
Here is what happened last week, that caused delay:
– Tweaked things up in the theme and the CMS
– This caused my database to go nuts and a reinstall was imminent.
Luckily enough, I had a (local) backup, unlike previous time. Well, I made a backup one week before my old blog crashed out, but it was on the same server, that I couldn’t access anymore. So that went to point 0 after my old hard disk crashed with older backups.
So, I’m going to post anything from gadgets to Bitcoin, and well, I have got myself a new laptop so it will be lots easier to do this time. Well, I have to prepare things, make pages and stuff, so until the next post!