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Topic: Benefits of ETF approval to gamble industries! - page 3. (Read 508 times)

legendary
Activity: 2156
Merit: 2100
Marketing Campaign Manager |Telegram ID- @LT_Mouse
Yes it will affect because if ETF get approved, more people will join crypto shpere and more gambler will be there. So, it will definitely be a benefit for crypto gamble industry.
legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
Gambling industries were already growing before ETF decided so in my view it will have not any effect for gambling industries itself that ETF approve or rejected the gamblers will still gamble regularly without thinking anything else and popular casinos will still available loyal players who willing to spend their money at gamble table but some people says if ETF approve the price will be reach to the moon but  i think they were predict too much here
hero member
Activity: 1302
Merit: 540
Now that news are filter in that ETF is about to be approved by sec, I will like to ask about your views on this.  Will ETF approval affect gambling industry especially the crypto gambling industry?
I will be waiting to see a price up as more people will be interested to buy bitcoin More bitcoin user means more bitcoin based gambling. So, it will have a positive impact in the gambling industry I think.

Online crypto gambling casinos will definitely benefit from the approval. Before, there are restrictions with the use of these online casinos. With the approval, they might loosen up their regulations, thus, more gamblers can now play freely. And so more players means good business.
More players will bring more money inside the industry and for sure it will lifted the value of bitcoin, more gamblers will noticed that and find this
system very useful and transfer from old school fiat casino to crypto gamehouse, those potentials and possibilities can be acquire after this
ETF approval will manage to happen.

As always, ETF approval still bring some good hope for crypto followers.
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
Now that news are filter in that ETF is about to be approved by sec, I will like to ask about your views on this.  Will ETF approval affect gambling industry especially the crypto gambling industry?
I will be waiting to see a price up as more people will be interested to buy bitcoin More bitcoin user means more bitcoin based gambling. So, it will have a positive impact in the gambling industry I think.

Online crypto gambling casinos will definitely benefit from the approval. Before, there are restrictions with the use of these online casinos. With the approval, they might loosen up their regulations, thus, more gamblers can now play freely. And so more players means good business.
legendary
Activity: 3052
Merit: 1273
Now that news are filter in that ETF is about to be approved by sec, I will like to ask about your views on this.  Will ETF approval affect gambling industry especially the crypto gambling industry?

Not so important for the gambling sector, as the primary goal for both the player (gambler) and the company which provides those games to such players - is making money through their own ways. The only benefit ETF could do is by getting a spike in BTC value as whatever a gambler wins, he saves them for the correct time to be withdrawn and ETF issue is a perfect hype to let that happen. It'd have been great if this ETF stuff could open the possibilities of using BTC broadly by a wide range of high end gamblers even in the institutional investment sector by giving them the possibilities to be able to manage huge BTC amounts, but as everything will be just contracts and there will be no need for them to hold BTC in real (or virtual whatever), I don't think there seems any extraordinary benefits of ETF approval to the gambling industry.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
Why people do believe on ETF too much?
Everyone thinks that it will drive the price up and a lot of news came out lately that an approval to bitcoin etf is inevitable.
Now that news are filter in that ETF is about to be approved by sec, I will like to ask about your views on this.  Will ETF approval affect gambling industry especially the crypto gambling industry?
We won't know until we see the true result of it, the effect would cater in the crypto community as a whole including crypto casino's.
hero member
Activity: 3010
Merit: 794
Why people do believe on ETF too much?

I dont even see this thing do have significant effect on bitcoins price.Yes, it might be an adoption but i dont see any difference at all.
legendary
Activity: 3234
Merit: 1214
casinosblockchain.io
ETF approval is supposed to make a positive impact upon the growth of bitcoin market as well other cryptocurrencies that exist in the market. Once the ETF appeal was used as a way to manipulate the market. In recent days people understood better about it, and didn't react to it. As of now gambling industry has got the highest circulation rate, when ETF approved more common people will get into it.
legendary
Activity: 3234
Merit: 1399
Join the world-leading crypto sportsbook NOW!
there will be more people who interested in cryptocurrency, thus more demand on crypto casinos, so they will have to compete for players harder by providing better services.
Well, I am not sure there will be any impact. Even though the interest in cryptos might increase, we are talking about new investors and traders, not new gamblers. If the number of transactions increases, perhaps some difficulties like those we had with high fees back in the end of 2017 can come back to the gambling industry as well, but I am really not sure that the overall market situation is even affecting the gambling area nowadays. Perhaps the number of gamblers will increase after ETF approval, of course, but to me these two really don't seem connected.
legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
Now that news are filter in that ETF is about to be approved by sec, I will like to ask about your views on this.  Will ETF approval affect gambling industry especially the crypto gambling industry?
I will be waiting to see a price up as more people will be interested to buy bitcoin More bitcoin user means more bitcoin based gambling. So, it will have a positive impact in the gambling industry I think.
full member
Activity: 147
Merit: 131
It will definetely affect crypto-gambling as much as Bitcoin, imo. Due to the bump which we can see right now, there will be more people who interested in cryptocurrency, thus more demand on crypto casinos, so they will have to compete for players harder by providing better services.
sr. member
Activity: 924
Merit: 260
Now that news are filter in that ETF is about to be approved by sec, I will like to ask about your views on this.  Will ETF approval affect gambling industry especially the crypto gambling industry?
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