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Author Topic: Regulated Cryptocurrency Betting Just Got a Big Boost in Europe  (Read 415 times)
EdenHazard
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October 16, 2017, 06:35:31 PM
 #21

Pretty exciting news! Bitcoins are indeed the money of the future, and even these European countries are now realizing it. The government itself has allowed for such a platform to exist and gave license for it to operate under such circumstance. I think the world is slowly accepting the existence of cryptocurrency and soon we would likely be able to see a mass adoption to cryptocurrency.

European gambling industry knows that there are tons of money to make in the bitcoin gambling industry. They want to take a small portion out of it. They don't want Americans to have the monopoly of bitcoin gambling industry. Well its still a big boost to bitcoin and cryptocurrencies, so considered this a welcoming news.

Regulated is not the word I like when I want to gamble, regulated betting seems like not a good idea,I like when bitcoin is under the radar from government, if I wantbthe regulated gambling I will just used fiat, but this will be a good news for bitcoin, more places to spend bitcoin, bitcoin will become more useful and valuable
yes we need more merchants in that kind field , it is a good business with huge money circulation , once bitcoin developed more serious i think it will become a big jump for the value and popularity , in the end bitcoin adoption will become mainstream.

a lot of people from any society level come to buy and use bitcoin easily and especially for the sake having fun play some games and put some money.

This could be another step closer for bitcoin to become mainstream. EU has been quiet regarding bitcoin adoption, though there are few who are bitcoin friendly but most of them are against bitcoin. It this "regulation" will put into place, EU will bitcoin gamblers will soon rise up in numbers, as we all know there as a lot of high rollers from that region, opening the door for bitcoin closer to global adoption.
regulation won't change anything , bitcoin gambling sites will remain struggle to get a new player.

you know why? they are still have a lot of fear they won't get paid. but yes at least with this regulation rumour some people will try to play here and see the result whether are they feel comfortable enough to stay or just ignore it.

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szpalata
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October 16, 2017, 08:05:06 PM
 #22

Pretty exciting news! Bitcoins are indeed the money of the future, and even these European countries are now realizing it. The government itself has allowed for such a platform to exist and gave license for it to operate under such circumstance. I think the world is slowly accepting the existence of cryptocurrency and soon we would likely be able to see a mass adoption to cryptocurrency.

I could agree with you more, it's gradually happening and the world is accepting Bitcoin through some of these government regulations and interventions. I think it's laudable and we hope more European countries will get involved as we move forward in the near future.
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October 17, 2017, 06:49:06 AM
 #23

Quote from: szpalata link=topic=2254079.msg23e105739#msg23105739 date=1508184306
|
Pretty exciting news! Bitcoins are indeed the money of the future, and even these European countries are now realizing it. The government itself has allowed for such a platform to exist and gave license for it to operate under such circumstance. I think the world is slowly accepting the existence of cryptocurrency and soon we would likely be able to see a mass adoption to cryptocurrency.

I could agree with you more, it's gradually happening and the world is accepting Bitcoin through some of these government regulations and interventions. I think it's laudable and we hope more European countries will get involved as we move forward in the near future.
Bitcoin is now becoming more popular and specially in the world of gambling the use of bitcoin is becoming more popular. In fact it is more easy to play gambling online using bitcoin. i think that in future people will stop visiting physical casino and will like to play gambling online, In fact online gambling keep you more secret and anonymous. It save time time and keep you more safe.
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October 17, 2017, 07:18:49 AM
 #24

Pretty exciting news! Bitcoins are indeed the money of the future, and even these European countries are now realizing it. The government itself has allowed for such a platform to exist and gave license for it to operate under such circumstance. I think the world is slowly accepting the existence of cryptocurrency and soon we would likely be able to see a mass adoption to cryptocurrency.

I could agree with you more, it's gradually happening and the world is accepting Bitcoin through some of these government regulations and interventions. I think it's laudable and we hope more European countries will get involved as we move forward in the near future.

In European countries bitcoin is popular other than Asian countries, European people do investment through bitcoin and their online system of amount transfer they use bitcoin, then why not they use bitcoin in gambling. Definitely cyrpto currency betting has gotten a big boost in Europe.   

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October 18, 2017, 01:29:35 AM
 #25

if i compare between europe and asian, gambling games is more popular than in asia.beside that in europe, i think we can found gambling place in every where. and if crypto currency is begin legal in europe, then i think many gambling site will be build and many gamblers will play in those sites. i think it a great news for gamblers because now they can play in europe especially in gambling sites/places which accept crypto currency as a bets.

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October 18, 2017, 03:24:29 PM
 #26

regulation won't change anything , bitcoin gambling sites will remain struggle to get a new player.

you know why? they are still have a lot of fear they won't get paid. but yes at least with this regulation rumour some people will try to play here and see the result whether are they feel comfortable enough to stay or just ignore it.
I feel gambling already had a huge boost with bitcoin's existence. There are so much bitcoin gambling sites that have been able to build some reputations for themselves. However, like you said, the regulation would make some impact as people will be more and rest assured of getting their pay.

This more importantly, will cause more adoption for bitcoin as we see more gamblers stepping into the bitcoin world and most of the strong gambling site making a huge load for themselves.
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October 20, 2017, 05:08:05 AM
 #27

regulation won't change anything , bitcoin gambling sites will remain struggle to get a new player.

you know why? they are still have a lot of fear they won't get paid. but yes at least with this regulation rumour some people will try to play here and see the result whether are they feel comfortable enough to stay or just ignore it.
I feel gambling already had a huge boost with bitcoin's existence. There are so much bitcoin gambling sites that have been able to build some reputations for themselves. However, like you said, the regulation would make some impact as people will be more and rest assured of getting their pay.

This more importantly, will cause more adoption for bitcoin as we see more gamblers stepping into the bitcoin world and most of the strong gambling site making a huge load for themselves.
Thus,adoption of crypto to do gambling is indeed in demand now for it can give us convenience on playing and easily conduct activities of gaming whenever we are, the only thing that produces trouble is that too many gambling sites to choose from that can cause us confusion, so better find a trusted one.
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October 21, 2017, 02:21:18 PM
 #28

regulation won't change anything , bitcoin gambling sites will remain struggle to get a new player.

you know why? they are still have a lot of fear they won't get paid. but yes at least with this regulation rumour some people will try to play here and see the result whether are they feel comfortable enough to stay or just ignore it.
I feel gambling already had a huge boost with bitcoin's existence. There are so much bitcoin gambling sites that have been able to build some reputations for themselves. However, like you said, the regulation would make some impact as people will be more and rest assured of getting their pay.

This more importantly, will cause more adoption for bitcoin as we see more gamblers stepping into the bitcoin world and most of the strong gambling site making a huge load for themselves.
Thus,adoption of crypto to do gambling is indeed in demand now for it can give us convenience on playing and easily conduct activities of gaming whenever we are, the only thing that produces trouble is that too many gambling sites to choose from that can cause us confusion, so better find a trusted one.


Regulating the bitcoin or any other altcoin gambling may comes with the too much rules. This will take off your anonymity nature out by adding verification of your identity information. That is the reason people are fear about regulation of crypto betting. This you understand by the replies you find in the same thread buddy. Lets just what will happen in Europe.
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