Will this boost Bitcoin?

[BitcoinMuscle]

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

[The Sceptical Chymist]

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.

WAT?  I swear, if you could gamble and lose your bitcoin faster than any other known form of money in the history of the world, bitcoin wouldn't be half what it is today--and it wouldn't have the future it has.  Get real.  The degenerate, drunken, wife-beating contingent of bitcoiners is providing HUGE support.  For all of us who use bitcoin.  And the same is true, to a lesser extent, about dark markets and illegal stuff.  Just be honest about it.

[shinratensei_]

"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.

[nejibens]

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

[Hellacopter]

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

[Indrawan77]

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

[dihari]

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.

[Shiroslullaby]

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.

[xdrpx]

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.

[davis196]

"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.

[digaran]

only if you want it to, but I doubt do any good to bitcoin, because bitcoin shouldn't be considered only for gambling.

[DOGE12321]

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.

[densuj]

It is good news because it will make more famous of bitcoin on gamblers, and in my opinion it will boost bitcoin especially for players gambling. Although it is still need time because the gamblers must understand about bitcoin for first time.

[Slark]

They view bitcoin as cash equivalent for one reason only - so they have base for tax legislation in the future. They will say anything just to gain more income from taxes.
So far gambling with cryptocurrencies seems like grey area and somewhat Wild West, it is in 99% not taxed and not regulated or licensed.

[Dudeperfect]

I don’t think that such kind of news will contribute to bitcoin in any way. It’s just important for gamblers and remember, bitcoin is a currency of everyone (or say at least I want to see it in such way).

It doesn’t matter what is the gambler society’s opinion, I think it matters what a normal person think about it (doesn’t matter associated or not associated with gambling).

Unfortunately some groups have vast user base and thus their opinions affect bitcoins in one or another way (but that’s not good in my opinion).

[boybugs18]

I think YES because it is a way of recognizing the use of bitcoin even if it use for gambling. The online gambler can easily manage his funds because he dont need to use his credit card or any way of direct contact with the bank.

[entrepmind23]

"UK Gambling Commission Views Bitcoin as Cash Equivalent"

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

Now that they have classified it as cash equivalent,there is a possibity that the government can already find a way to have their share in the transaction like applying taxes into it. Bitcoin transactions are one of the threat for them that their tax collections will be lesser because more people will use bitcoin instead of transacting to banks or money exchange and if they can control bitcoin transaction then they will have a share of it. It's good for bitcoin that it's already recognized which means its getting really popular but the bad news of it is that there is a possibility of it being controlled by the government.

[takingthis4]

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

you are right, thats why i avoid it at all costs, in my opinion it is better just not to do it in order not to lose a huge amount of money

[deadpoolx]

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.

I agree, it is not a good approach to bring new users on board.

[raphma]

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.

WAT?  I swear, if you could gamble and lose your bitcoin faster than any other known form of money in the history of the world, bitcoin wouldn't be half what it is today--and it wouldn't have the future it has.  Get real.  The degenerate, drunken, wife-beating contingent of bitcoiners is providing HUGE support.  For all of us who use bitcoin.  And the same is true, to a lesser extent, about dark markets and illegal stuff.  Just be honest about it.

it isnt faster than other currencies, but the members who use bitcoin only to gamble aren't here to stay.
still, i agree with you. tons of FIAT come to bitcoin world thanks to gamblers so they are good supporters.