Once these people know about Bitcoin, they can spread the word and other companies may follow in the commission's track and support Bitcoin. This could turn a whole new page in the story of Bitcoin.
Topic: Will this boost Bitcoin? - page 4. (Read 3150 times)
Finally, some support for Bitcoin outside this forum. Yeah, I think that this could very well boost Bitcoin. It is always better if more people join the community. When this happens, demand for the cryptocurrency will increase dramatically. Hopefully, the price will too.
Once these people know about Bitcoin, they can spread the word and other companies may follow in the commission's track and support Bitcoin. This could turn a whole new page in the story of Bitcoin.
Once these people know about Bitcoin, they can spread the word and other companies may follow in the commission's track and support Bitcoin. This could turn a whole new page in the story of Bitcoin.
only if you want it to, but I doubt do any good to bitcoin, because bitcoin shouldn't be considered only for gambling.
"UK Gambling Commission Views Bitcoin as Cash Equivalent"
https://cointelegraph.com/news/uk-gambling-commission-views-bitcoin-as-cash-equivalent
https://cointelegraph.com/news/uk-gambling-commission-views-bitcoin-as-cash-equivalent
I don`t think it`s going to boost bitcoin worldwide.It`s good news i guess.
Many people use bitcoin only because of btc gambling.
Maybe this is going to "boost" btc a little bit in the UK only.
That's a good sign considering a large Gambling body that regulates Gambling in the UK accepts Bitcoin as a medium of payment for gambling related activities. Also, I believe this certainly would increase Bitcoin gambling in the UK. It would be nice to see other countries following suite and probably gambling authorities to be aware of this change.
Its a good first step, but you would need some big online sites to actually accept Bitcoin as payment.
I'm looking at the site for this "Gambling Commission" and I don't see a list of members.
If someone the size of Pokerstars started accepting BTC to fund your account
it would generate a lot of new users, which is what BTC needs now to increase in value.
I'm looking at the site for this "Gambling Commission" and I don't see a list of members.
If someone the size of Pokerstars started accepting BTC to fund your account
it would generate a lot of new users, which is what BTC needs now to increase in value.
maybe. because bitcoin is got big name from all the online gambler.
so when some site of gambling make a big move like that it can give some effect for the money they used.
so when some site of gambling make a big move like that it can give some effect for the money they used.
I think it will boost bitcoin popularity in gambling community, it will increase the number of player playing bitcoin gambling, but i am not really agree that government made bitcoin and cash into equivalent, but if the reason is to prevent money laundry then i can support the governments decision
There is a very huge community of gambling, so most likely this news will boost Bitcoin and support it, many other people will start learn about it and using it
May be it will boost Bitcoin because the Gambling community is really big, so considering Bitcoin as real and full supported currency will encourage more people to learn about it and dealing with it
"UK Gambling Commission Views Bitcoin as Cash Equivalent"
https://cointelegraph.com/news/uk-gambling-commission-views-bitcoin-as-cash-equivalent
That is just influencing for the another gambler is not know about bitcoin, and will not giving a large affect or will boost bitcoin. just the gambler users will increase for small. https://cointelegraph.com/news/uk-gambling-commission-views-bitcoin-as-cash-equivalent
I don't believe that Gambling helps Bitcoin in anyway , If someone joins the bitcoin community just for gambling then sooner or later he will lose everything and probably leave the community.
People should see Bitcoin from another perspective and not only as a gambling or a Darknet tool.
Yeah right its not only from gambling why bitcoin is growing i think bitcoins is growing because more and more site and company are accepting bitcoin .. they are boosting bitcoin because the transaction and fees are very compare to other like perfect money and paypal or other online payment processor.. and much more.People should see Bitcoin from another perspective and not only as a gambling or a Darknet tool.
I don't believe that Gambling helps Bitcoin in anyway , If someone joins the bitcoin community just for gambling then sooner or later he will lose everything and probably leave the community.
People should see Bitcoin from another perspective and not only as a gambling or a Darknet tool.
Right man, gamblings are made for you to lose money. Maybe you will win a couple of time but it will be a time when you will lose all People should see Bitcoin from another perspective and not only as a gambling or a Darknet tool.
"UK Gambling Commission Views Bitcoin as Cash Equivalent"
https://cointelegraph.com/news/uk-gambling-commission-views-bitcoin-as-cash-equivalent
It's going to make it much easier for the government to regulate it, now that it has a classification. I personally don't think that it's going to give Bitcoin a boost in internetional markets since this is basically exclusive to the UK, however there are definitely some good things that can come out of this. UK Bitcoin gambling is probably going to start getting regulated though, so that might have an affect with the local value. It could definitely be a step in the right direction however.https://cointelegraph.com/news/uk-gambling-commission-views-bitcoin-as-cash-equivalent
I agree it won't make much difference to the world's Bitcoin market, as the UK is leaving the EU. Any Bitcoin regulation introduced in the UK won't be introduced in Europe. It would affect the world Bitcoin market if the whole of Europe was regulating it, as Europe is huge.
"UK Gambling Commission Views Bitcoin as Cash Equivalent"
https://cointelegraph.com/news/uk-gambling-commission-views-bitcoin-as-cash-equivalent
It's going to make it much easier for the government to regulate it, now that it has a classification. I personally don't think that it's going to give Bitcoin a boost in internetional markets since this is basically exclusive to the UK, however there are definitely some good things that can come out of this. UK Bitcoin gambling is probably going to start getting regulated though, so that might have an affect with the local value. It could definitely be a step in the right direction however.https://cointelegraph.com/news/uk-gambling-commission-views-bitcoin-as-cash-equivalent
How is KYC/AML a step in the right direction for software that's intended to help you remain anonymous? Even SEC compliant exchanges are guilty of this.
"UK Gambling Commission Views Bitcoin as Cash Equivalent"
https://cointelegraph.com/news/uk-gambling-commission-views-bitcoin-as-cash-equivalent
It's going to make it much easier for the government to regulate it, now that it has a classification. I personally don't think that it's going to give Bitcoin a boost in internetional markets since this is basically exclusive to the UK, however there are definitely some good things that can come out of this. UK Bitcoin gambling is probably going to start getting regulated though, so that might have an affect with the local value. It could definitely be a step in the right direction however. https://cointelegraph.com/news/uk-gambling-commission-views-bitcoin-as-cash-equivalent
Its a very good sign for bitcoin, its being acknowledged from a really well known entity and this can only do good to bitcoin. Bitcoin has done a lot to help spread gambling by removing physical and psychical obstacles and giving everyone a chance to play without them revealing anything from their personal details. That's why bitcoin gambling is exploding with more and more bets wagered day after day. I don't think that this news will boost bitcoin at least for the moment.
"UK Gambling Commission Views Bitcoin as Cash Equivalent"
https://cointelegraph.com/news/uk-gambling-commission-views-bitcoin-as-cash-equivalent
Thats very good stuff, if it matters for current price? Im not sure, but its very good for bitcoin in the end https://cointelegraph.com/news/uk-gambling-commission-views-bitcoin-as-cash-equivalent
Adoption continues...
I don't believe that Gambling helps Bitcoin in anyway , If someone joins the bitcoin community just for gambling then sooner or later he will lose everything and probably leave the community.
People should see Bitcoin from another perspective and not only as a gambling or a Darknet tool.
People should see Bitcoin from another perspective and not only as a gambling or a Darknet tool.
Well, more than 50% of the total transaction volume of Bitcoin is gambling related. That's a fact we can't deny. But yes, I also agree with you that Bitcoin is more than a tool for this purpose. Will people leave that lose all their coins with gambling? Maybe, but sooner or later they will come back as Bitcoin stays in their system. They just need to make sure they stay far away from gambling.
Seriously addicted gamblers lose everything, but most of them only gamble a small amount each week. Casinos using Bitcoins would bring new people into the Bitcoin community, and most of them wouldn't lose all their coins with gambling. Most gamblers lose, or the casinos wouldn't survive, but most gamblers only lose a small amount and keep gambling.
If you as an occasional gambler with only small amounts can keep this up without going down deep with large bets, then the losses you experience will stay small. It however requires a good amount of mental strength in order to not turn into a gambling addict. Not many people have enough self control to stop when they are losing.
maybe, but would i be good to associate btc with gambling? better than crime but still :/
All money is associated with gambling. Modern things like credit/debit cards have been associated with online gambling for years, and it hasn't hurt their image. If credit/debit cards don't get blamed for getting people hooked on online gambling, then why should Bitcoin get blamed?
maybe, but would i be good to associate btc with gambling? better than crime but still :/
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