Betway Giving Good Odds to Bitcoin at Mcdonald’s, Breaking $20,000 and More

Bitcoin has been absolutely smashing expectations lately as far as price goes, hitting $11,000 recently. Even the experts are stunned by this price point and to call it unprecedented is an understatement. As a result Betway, a popular online booker, is taking odds on some Bitcoin-related events including that McDonald’s will be accepting the cryptocurrency by the end of 2018 and pretty good odds at ½ of bitcoin breaking $20,000 in the same time frame.

Betway is offering odds on a few other retailers as well:

To accept Bitcoin before end of 2018 – Odds

  • Walmart                        1/5
  • British Airways            1/3
  • McDonald’s                  1/2
  • Argos                             4/5
  • Amazon                         6/4
  • Easyjet                           7/4
  • Apple                             5/2
  • Primark                         3/1
  • John Lewis                   7/2
  • National Rail                4/1
  • Greggs                          10/1
  • Poundland                   10/1

In 2016, this would seem laughable, yet time and time again bitcoin has proven itself to not only recover from its price dips but come back even stronger each and every time. In 2017 alone BTC-USD has risen 900 percent since the beginning of this past year. As always, people are questioning if this is a bubble. But, for followers of BTC, this speculation is nothing new.

So the question left is that of whether BTC is rising due to speculation or due to widespread adoption. Obviously, both are a factor as cryptos, in general, are gaining a mainstream audience on both parties. Alan Alger, Betway’s PR head in London had this to say: […]

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