How will the possible ban on internet gambling in the US affect Bitcoin?

[Pattart]

Not sure about USA law's , but as long as crypto is not ''Money'' then gambling with crypto does not count as gambling =D Because there is ''nothing to lose '' , crypto is not money ( Thats what TV , goverment tells ) .
In my country crypto is Item and when i trade with someone then i need to pay tax on that trade ...
There is always roundabouts and will be .. Somebody will find a way to build gambling sites for US even if they BAN it ...

Lol, whatever their government calls crypto about what, any gambling game with any currency for payment is still gambling,
yeah I also heard that gambling sites are banned on their internet networks, of course this has an effect on bitcoin but not so significant

[peter0425]

It will definitely affect internet gambling because US is one of the biggest market as far as online gambling. Majority could be whales so it will have a significant impact. However, there are lots of ways to go around like using VPN or something, but it would be a big risk for gamblers. But then again, gamblers loves to take risk, it might have a bad effect short term, but in the long run, gamblers will be gamblers.

[maydna]

Not sure about USA law's , but as long as crypto is not ''Money'' then gambling with crypto does not count as gambling =D Because there is ''nothing to lose '' , crypto is not money ( Thats what TV , goverment tells ) .
In my country crypto is Item and when i trade with someone then i need to pay tax on that trade ...
There is always roundabouts and will be .. Somebody will find a way to build gambling sites for US even if they BAN it ...

Lol, whatever their government calls crypto about what, any gambling game with any currency for payment is still gambling,
yeah I also heard that gambling sites are banned on their internet networks, of course this has an effect on bitcoin but not so significant

Some gambling websites are also banned on here too, but as long as there is VPN connection, I think people will still playing gambling. There will be work hard from the government if they want to restrict gambling to be accessed by the people and they need to block every gambling websites from their country. But I am sure that it does not give a big effect on bitcoin, and the gambling website because gambling offers a big profit for every business owner.

[vennali]

By now most people have heard about this, https://www.bloomberg.com/news/articles/2019-01-15/u-s-now-says-all-online-gambling-illegal-not-just-sports-bets.

We all know that Crypto currency online gambling sites are rampant on the internet and it adds loads of demand for Crypto currency on the Internet.

Some of these sites are legal, but a large amount of them are operating illegally. The possible prohibition on internet gambling in the US will have a significant impact on the price of Crypto currencies that are used for gambling.

Do you think legal operations will close their doors and move underground?
Do you think it will only have a limited impact on Crypto currency prices?
Will these operations move to countries that allow online gambling?
Will online gambling evolve into illegal sites on the Darkweb?

Let's discuss. 

I dont think it will make a big difference when it comes to the BTC price. There are still crypto-gambling websites who dont need KYC and hence, the players could just use VPN.

[Ucy]

I expect the gambling sites to move to other countries.

By the way, News/Fundamentals don't seem to affect the price of Bitcoin and cryptocurrency very much thesedays.
 I Guess people could use to bypass such ban.

[hahay]

I also think the issue of the ban will not have a big effect on the price of bitcoin and also crypto gambling. Many websites are prohibited from operating and that is not just gambling, there are still others like pornographic websites for example, which of course website developers have many ways to still be able to operate, and for internet users already have a way to still be able to access it even though the ip has been blocked etc. Yes, VPN is another way for users, but for online gambling I think it's quite risky if we use a VPN, because in online gambling we save money in it which is certainly very sensitive. As long as online gambling is still widely available, I don't think it's a problem, because there are still many countries that have online gambling and not only in the US.

[Heisenberg_Hunter]

States has always been among one of the countries not accepting the online gambling right off for around more than 7-8 years. The acts were made further strict during last month. Gambling sites are quite popular which most of them have its roots from the Nevada and San Fransisco. Online Gambling has become even more quite popular with the integration of blockchain technology with them. These markets not only improve the health of the cryptocurrency market but also act in a more trustless and decentralized way for betting strategies. It is quite true that apart from the usage of bitcoin and other currencies gambling sites have been actively developing their own coins for the purpose of betting in a more easier way. With the complete ban of online casinos and gambling in the States .Anonymous gamblers who have been making a living through this would be forced to find an alternative way. This would make them moving to TOR and VPN services as others pointed out.

Do you think legal operations will close their doors and move underground?

No, why would they close their legal operations which might gain much attention in the future? If the illegal gambling sites are being hidden from ISP services naturally the attention for these gamblers would move towards the legal one. If the casino's own crypto coin which is being used as a mode of payment is considered legal, why would the company move to underground? This would rise the price of coin more.

Do you think it will only have a limited impact on Crypto currency prices?

No, it won't have much impact on the price as this might affect only the volume of the coin. People could be using crypto for casinos which will further be converted to fiat if they need using live trading.

Will these operations move to countries that allow online gambling?
Will online gambling evolve into illegal sites on the Darkweb?

If they are set up in USA, they should move onto other countries like Canada, Australia or New Zealand probably.
Probably yes, but we need to wait to see how this evolves over time.

[sheenshane]

I expect the gambling sites to move to other countries.

By the way, News/Fundamentals don't seem to affect the price of Bitcoin and cryptocurrency very much thesedays.
 I Guess people could use to bypass such ban.

There's a lot of tricks and different ways to find people there can still play gambling even if it is banned in the US. Since now they are now about that law it is easy for them to use VPN and there are also gambling site didn't require KYC for their customers. However, there are some people who always follow the rules to put in jail in the end. Banning means it is prohibited to play so I think the best way is to obey the law.

[BlueStackz]

Yes, I am sure they will find a way to continue playing gambling. It still difficult to stop the gambling online because the websites is not hosted in the US hosting websites and the owner of the gambling site will use foreign hosting to host their sites. Gambling online itself is like a virus which will influence many people to play and it's hard to stop them unless the US government stop the internet connection and they are allow the traditional gambling for the people.

Governments are always trying to censor people into doing things that they should not do. In my opinion these are only methods to manipulate people into thinking that the government cares for the future of their country while actually they are not doing much for it. A gambler will always remain a gambler no matter how you try to stop the popularity of casinos or try to stop them from playing.

Once the addiction has settled deep inside them they will continue to find out new ways to circumvent blockades because they need to ease the pain of withdrawal.

But unfortunately, not all people in the government really cares for the future. Gamblers will continue playing gambling and if somehow, the government ban on internet gambling, gamblers will find a way to stay connected with the gambling websites. I am sure that there will be one service offers to gamblers to help them if they want to withdraw their money without any problem so gamblers can play gambling and they don't have trouble to sending the win money to their bank account.

Yes that is right, I think that it is not so easy for the government to permanent ban the internet gambling sites, I think that in some countries where gambling is totally illegal they may have already tried to banned such sites but still people can find ways how to remain connected with the gambling sites and continue playing gambling sites. For example in some countries porn sites are totally banned there, but still people use different software to visit these sites.

[whirlcoin]

By now most people have heard about this, https://www.bloomberg.com/news/articles/2019-01-15/u-s-now-says-all-online-gambling-illegal-not-just-sports-bets.

We all know that Crypto currency online gambling sites are rampant on the internet and it adds loads of demand for Crypto currency on the Internet.

Some of these sites are legal, but a large amount of them are operating illegally. The possible prohibition on internet gambling in the US will have a significant impact on the price of Crypto currencies that are used for gambling.

Do you think legal operations will close their doors and move underground?
Do you think it will only have a limited impact on Crypto currency prices?
Will these operations move to countries that allow online gambling?
Will online gambling evolve into illegal sites on the Darkweb?

Let's discuss. 

the current scenario will only depends under development of online and the internet so if the ban on internet gambling will definitely be disappointed the huge amount of Gamblers who are using it so it will definitely made a huge don't fall in gambling field.

[Shinpako09]

Maybe it could affect since that was considered as bad news for crypto but then even if they don't allow it, there are still ways to access the site. So for me, the effect won't be that much. Also not all players came from USA and owners can move into another country if they want to.

[Oilacris]

Yes, I am sure they will find a way to continue playing gambling. It still difficult to stop the gambling online because the websites is not hosted in the US hosting websites and the owner of the gambling site will use foreign hosting to host their sites. Gambling online itself is like a virus which will influence many people to play and it's hard to stop them unless the US government stop the internet connection and they are allow the traditional gambling for the people.

Governments are always trying to censor people into doing things that they should not do. In my opinion these are only methods to manipulate people into thinking that the government cares for the future of their country while actually they are not doing much for it. A gambler will always remain a gambler no matter how you try to stop the popularity of casinos or try to stop them from playing.

Once the addiction has settled deep inside them they will continue to find out new ways to circumvent blockades because they need to ease the pain of withdrawal.

But unfortunately, not all people in the government really cares for the future. Gamblers will continue playing gambling and if somehow, the government ban on internet gambling, gamblers will find a way to stay connected with the gambling websites. I am sure that there will be one service offers to gamblers to help them if they want to withdraw their money without any problem so gamblers can play gambling and they don't have trouble to sending the win money to their bank account.

Yes that is right, I think that it is not so easy for the government to permanent ban the internet gambling sites, I think that in some countries where gambling is totally illegal they may have already tried to banned such sites but still people can find ways how to remain connected with the gambling sites and continue playing gambling sites. For example in some countries porn sites are totally banned there, but still people use different software to visit these sites.

When it comes to online things there would really be lots of tools or ways where you can use up to bypass things no matter how its being restricted on a particular place.
Internet gambling ban wont completely shutdown its doors to said residents of such country and you are right they would really find a way to play no matter what without being detected.
Its dangerous if you got caught and you already know the risk of such violation but with the current ways on how to bypass it, they would hardly find on what you are doing.

[Finestream]

Maybe it could affect since that was considered as bad news for crypto but then even if they don't allow it, there are still ways to access the site. So for me, the effect won't be that much. Also not all players came from USA and owners can move into another country if they want to.

Yes i agree.There might be an effect on the market but it's not really that big.I think USA is just trying to avoid illegalities in their country so if there are illegal gambling onlines caught,they should be totally vanished.I think online gambling activities with bitcoin are also found in some other countries so they can easily move to these countries too where there is no banning happening.

[michellee]

Maybe it could affect since that was considered as bad news for crypto but then even if they don't allow it, there are still ways to access the site. So for me, the effect won't be that much. Also not all players came from USA and owners can move into another country if they want to.

That is right, they will always find a solution to playing gambling, and I am sure with the easiest way to connect to any websites, they will not get any problem. Besides that, if the gambling websites are registered on the US, then maybe that sites need to pay some tax, and if the US government decides to ban the gambling websites, then I think they will lose big revenue from the gambling business, and that is not good news for them.

[GregH37]

Not sure about USA law's , but as long as crypto is not ''Money'' then gambling with crypto does not count as gambling =D Because there is ''nothing to lose '' , crypto is not money ( Thats what TV , goverment tells ) .
In my country crypto is Item and when i trade with someone then i need to pay tax on that trade ...
There is always roundabouts and will be .. Somebody will find a way to build gambling sites for US even if they BAN it ...

Lol, whatever their government calls crypto about what, any gambling game with any currency for payment is still gambling,
yeah I also heard that gambling sites are banned on their internet networks, of course this has an effect on bitcoin but not so significant

May be it is true but not everywhere.

For example, in my country gambling is totally illegal even you cannot find any legal casino here, on other side recently our government also consider bitcoin and other crypto currencies as illegal, but still I know a lot of people who are using bitcoin and other currencies for playing gambling online.

I think that gamblers always know it well how to get access to different casinos and play gambling without knowing their law and forces agencies.

[TheUltraElite]

For example, in my country gambling is totally illegal even you cannot find any legal casino here, on other side recently our government also consider bitcoin and other crypto currencies as illegal, but still I know a lot of people who are using bitcoin and other currencies for playing gambling online.

Do not let the governments stop your from using bitcoin. Its your choice to use what currency you want but then what is not accepted locally would not be feasible for your daily activities obviously.

I think that gamblers always know it well how to get access to different casinos and play gambling without knowing their law and forces agencies.

In a world where you have VPNs proxies TOR who cares about bans from the governments. Its like slap on the cheek for the law enforcement if you are talking about then in trying to ban gambling sites. People who are addicted wont be stopped by that. They will keep on gambling by circumventing these bans. Obviously a big business runs out there for them and they cannot afford to miss that. Crypto only gives them the better avenue.

[gabmen]

Maybe it could affect since that was considered as bad news for crypto but then even if they don't allow it, there are still ways to access the site. So for me, the effect won't be that much. Also not all players came from USA and owners can move into another country if they want to.

That is right, they will always find a solution to playing gambling, and I am sure with the easiest way to connect to any websites, they will not get any problem. Besides that, if the gambling websites are registered on the US, then maybe that sites need to pay some tax, and if the US government decides to ban the gambling websites, then I think they will lose big revenue from the gambling business, and that is not good news for them.

Well if it would have any effect at all, i doubt it'll be felt in general. Yeah crypto gambling probably contributes a lot but there are likely more crypto gamblers outside the us than in it. Crypto is so much more than just a gambling means so i think it'll be okay.

[fullhdpixel]

Maybe it could affect since that was considered as bad news for crypto but then even if they don't allow it, there are still ways to access the site. So for me, the effect won't be that much. Also not all players came from USA and owners can move into another country if they want to.

That is right, they will always find a solution to playing gambling, and I am sure with the easiest way to connect to any websites, they will not get any problem. Besides that, if the gambling websites are registered on the US, then maybe that sites need to pay some tax, and if the US government decides to ban the gambling websites, then I think they will lose big revenue from the gambling business, and that is not good news for them.

Yes, actually the governments still not find a satisfactory solution how to bane a site, in fact there are software which can allow you to visit any kind of restricted site. So, currently I do not think that gambler can find face any issue to visit a gambling site, even if their country have banned the site in their state. I have personal experienced about it, I used some gambling sites using Hotspot shield which are banned in my country.

[Oceat]

Maybe it could affect since that was considered as bad news for crypto but then even if they don't allow it, there are still ways to access the site. So for me, the effect won't be that much. Also not all players came from USA and owners can move into another country if they want to.

That is right, they will always find a solution to playing gambling, and I am sure with the easiest way to connect to any websites, they will not get any problem. Besides that, if the gambling websites are registered on the US, then maybe that sites need to pay some tax, and if the US government decides to ban the gambling websites, then I think they will lose big revenue from the gambling business, and that is not good news for them.

Well if it would have any effect at all, i doubt it'll be felt in general. Yeah crypto gambling probably contributes a lot but there are likely more crypto gamblers outside the us than in it. Crypto is so much more than just a gambling means so i think it'll be okay.

First of all, why would a government accepts gambling if they will just going to ban it? I think we missed something here relating to the laws about gambling in a certain country. If the government decided to accept gambling in their city then that means they don't have to seize it as long as it follows the regulation without a problem. I think there is something that bothers the government of the US, that's why they have to ban online gambling.

A possibility that most legal gambling owners would go underground due to the government rules and that means it would affect everything in the ground below.

[shield132]

I think that doesn't matter a lot, if someone wants to gamble, then he/she will gamble, especially when it's super easy to purchase VPN in a cheap price and use it. Also if we talk about crypto price here, then to my mind it won't affect price because according to alexa, usa is in least positions of major crypto casinos' traffic .
OP situation won't go that worse as you possibly think.