Whoa. Bovada, one of the biggest online betting sites, is closing all accounts in 5 states: NY, NJ, MD, DE, NV. You already can't cash out.
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it pumps the value of bitcoin temporarily, providing a predictable volatility trade
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or else it is a way to get out of a long bitcoin position in an illiquid market without affecting the price with your volume.
End of conversation
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