Topic: Will this boost Bitcoin? - page 5. (Read 3150 times)
I believe buying and selling BTC is the only way we can change the price. Right now, Bitcoin is working exactly like other currencies are. Gambling will change nothing.
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.
I have same opinion that this will be helpful for gambling industry and we may see use of Bitcoin with one step further being accepted in land casinos as well. Bitcoin needs more support by real life institutions than one odd industry then we will see it boosting. I am happy with current price all we need now to see more adoption and acceptance at wider level.
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.
No, that will not boost the Bitcoin. Maybe the gamblers will make that happy but it will not influence on Bitcoin status, the price or anything else. But it would be good not to connect Botcoin only as a currency appropriate for gambling.
Not sure why it would make them happy? Viewing Bitcoin the same as fiat means the same laws now apply to Bitcoin which fucks over Bitcoin casinos meaning they now have to start telling people in said countries to fuck off. This is why most Bitcoin casinos are forced to jump through weird hoops and register in shady locations like Panama, Costa Rica, Isle of Man, etc.
If anything this is bad for Bitcoin lol
It might only benefit casino owners, they're the only ones making big cash. If people purchase Bitcoins is to gamble with ease, and therefore becoming addictive sooner or later. A big no from my point of view.
This may help bitcoin to reach more casino owners as well as local merchants in UK because this may clear their doubt about whether bitcoin just like virtual assets only or it in real have some monetary value. But hoping for a high pump on market is not expected with only this types of news.
I think it will... If it is seen as some sort of currency, it can be regulated accordingly and this makes it easier for merchants to accept it. Most of these merchants do not want to accept Bitcoin, because
it sees it as a commodity and not a currency. A clearly defined technology, will improve regulation and governments will not be able to ignore it. I have spoken with many CEO's of some of these
companies, and they are all confused about Bitcoin's application.
it sees it as a commodity and not a currency. A clearly defined technology, will improve regulation and governments will not be able to ignore it. I have spoken with many CEO's of some of these
companies, and they are all confused about Bitcoin's application.
No, that will not boost the Bitcoin. Maybe the gamblers will make that happy but it will not influence on Bitcoin status, the price or anything else. But it would be good not to connect Botcoin only as a currency appropriate for gambling.
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.
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
https://cointelegraph.com/news/uk-gambling-commission-views-bitcoin-as-cash-equivalent
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