Will this boost Bitcoin?

[Noctis Connor]

"UK Gambling Commission Views Bitcoin as Cash Equivalent"

https://cointelegraph.com/news/uk-gambling-commission-views-bitcoin-as-cash-equivalent

I don't believe in that if you are going to boost your bitcoin then work for it and work hard until your bitcoin wallet grows if you are going to play gambling with your bitcoin for sure theres no guarante on winning in every bet and you could lose in bets and for me the value of bitcoin is depends on dollar.

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[partialist]

not boost bitcoin but it will encourage gamblers

[danishcookie]

UK gambling commission banned bitcoin casinos in UK region, if they consider bitcoin is a cash equivalence, so they may unban bitcoin in the future. It will boost bitcoin gambling market.

[iqlimasyadiqa]

I think this will help the development of bitcoin. it's like the official party recognition have acknowledged the existence of bitcoin.
bitcoin increase will happen even though it may not be too big impact.

[Golftech]

it will help in some ways but bitcoin progression still in the process so we are expecting bitcoin to grow more time after time with or without anything like this, we are the one who can help bitcoin price to increase by doing more transaction and give more exposure about it.

[Leonard2016]

"UK Gambling Commission Views Bitcoin as Cash Equivalent"

https://cointelegraph.com/news/uk-gambling-commission-views-bitcoin-as-cash-equivalent

I don't believe in that if you are going to boost your bitcoin then work for it and work hard until your bitcoin wallet grows if you are going to play gambling with your bitcoin for sure theres no guarante on winning in every bet and you could lose in bets and for me the value of bitcoin is depends on dollar.

you have read the first post wrong.

boost bitcoin means make bitcoin more popular or at least that is what OP means not his own amount of bitcoin

[trickshot22]

not boost bitcoin but it will encourage gamblers

you are right, i think there will be way more gamblers because of that but it will mean that more people will be using bitcoins then so it will kinda boost it

[springgers]

Big booster IMO, if this continues there should be some of the highly established and popular gambling sites and businesses taking bitcoin as one of their currencies, suggesting and encouraging gamblers to learn and get BTC, So indirectly this should boost bitcoins in long-term.

[JeffBrad12]

UK gambling commission banned bitcoin casinos in UK region, if they consider bitcoin is a cash equivalence, so they may unban bitcoin in the future. It will boost bitcoin gambling market.

Are you have a reliable source about UK gambling commission is banning bitcoin from their region?i never heard about that before.

[Digitalbitcoin]

When Bitcoin launches, many of developer introduce services as closely relate to gambling or HYPE.

So at first impression it seems bitcoin is just made for gambling and all such related things. But as user start to use it and make believe in it value of bitcoin increase. Main reason is P2p currency.

And after understanding future and features of bitcoin people accept it. And it get spread world wide.

Bitcoin is biggest invention of this century.

[dothebeats]

Big booster IMO, if this continues there should be some of the highly established and popular gambling sites and businesses taking bitcoin as one of their currencies, suggesting and encouraging gamblers to learn and get BTC, So indirectly this should boost bitcoins in long-term.

Big booster, but not that big to be significant IMO. Some people gamble using BTC to evade gambling regulations and restrictions on their country/region. Also, others find it easy to cash out winnings using bitcoins rather than cashing out dollars as is because big withdrawals on cash were often questioned really hard due to fraud regulations and whatnot.

[drwtsn32]

It may. It may not. But if it happens, I think the one who will benefit the most is UK of course.
Gambling generates huge profits. That is why many gambling sites are popping out of nowhere nowadays.