Benefits of ETF approval to gamble industries!

[Idrisu]

Now that news are filter in that ETF is about to be approved by sec, I will like to ask about your views on this.  Will ETF approval affect gambling industry especially the crypto gambling industry?

[axicron]

It will definetely affect crypto-gambling as much as Bitcoin, imo. Due to the bump which we can see right now, there will be more people who interested in cryptocurrency, thus more demand on crypto casinos, so they will have to compete for players harder by providing better services.

[BitcoinGirl.Club]

Now that news are filter in that ETF is about to be approved by sec, I will like to ask about your views on this.  Will ETF approval affect gambling industry especially the crypto gambling industry?

I will be waiting to see a price up as more people will be interested to buy bitcoin More bitcoin user means more bitcoin based gambling. So, it will have a positive impact in the gambling industry I think.

[kryptqnick]

there will be more people who interested in cryptocurrency, thus more demand on crypto casinos, so they will have to compete for players harder by providing better services.

Well, I am not sure there will be any impact. Even though the interest in cryptos might increase, we are talking about new investors and traders, not new gamblers. If the number of transactions increases, perhaps some difficulties like those we had with high fees back in the end of 2017 can come back to the gambling industry as well, but I am really not sure that the overall market situation is even affecting the gambling area nowadays. Perhaps the number of gamblers will increase after ETF approval, of course, but to me these two really don't seem connected.

[romero121]

ETF approval is supposed to make a positive impact upon the growth of bitcoin market as well other cryptocurrencies that exist in the market. Once the ETF appeal was used as a way to manipulate the market. In recent days people understood better about it, and didn't react to it. As of now gambling industry has got the highest circulation rate, when ETF approved more common people will get into it.

[stomachgrowls]

Why people do believe on ETF too much?

I dont even see this thing do have significant effect on bitcoins price.Yes, it might be an adoption but i dont see any difference at all.

[tabas]

Why people do believe on ETF too much?

Everyone thinks that it will drive the price up and a lot of news came out lately that an approval to bitcoin etf is inevitable.

Now that news are filter in that ETF is about to be approved by sec, I will like to ask about your views on this.  Will ETF approval affect gambling industry especially the crypto gambling industry?

We won't know until we see the true result of it, the effect would cater in the crypto community as a whole including crypto casino's.

[Stedsm]

Now that news are filter in that ETF is about to be approved by sec, I will like to ask about your views on this.  Will ETF approval affect gambling industry especially the crypto gambling industry?

Not so important for the gambling sector, as the primary goal for both the player (gambler) and the company which provides those games to such players - is making money through their own ways. The only benefit ETF could do is by getting a spike in BTC value as whatever a gambler wins, he saves them for the correct time to be withdrawn and ETF issue is a perfect hype to let that happen. It'd have been great if this ETF stuff could open the possibilities of using BTC broadly by a wide range of high end gamblers even in the institutional investment sector by giving them the possibilities to be able to manage huge BTC amounts, but as everything will be just contracts and there will be no need for them to hold BTC in real (or virtual whatever), I don't think there seems any extraordinary benefits of ETF approval to the gambling industry.

[Twinkledoe]

Now that news are filter in that ETF is about to be approved by sec, I will like to ask about your views on this.  Will ETF approval affect gambling industry especially the crypto gambling industry?

I will be waiting to see a price up as more people will be interested to buy bitcoin More bitcoin user means more bitcoin based gambling. So, it will have a positive impact in the gambling industry I think.

Online crypto gambling casinos will definitely benefit from the approval. Before, there are restrictions with the use of these online casinos. With the approval, they might loosen up their regulations, thus, more gamblers can now play freely. And so more players means good business.

[Caladonian]

Now that news are filter in that ETF is about to be approved by sec, I will like to ask about your views on this.  Will ETF approval affect gambling industry especially the crypto gambling industry?

I will be waiting to see a price up as more people will be interested to buy bitcoin More bitcoin user means more bitcoin based gambling. So, it will have a positive impact in the gambling industry I think.

Online crypto gambling casinos will definitely benefit from the approval. Before, there are restrictions with the use of these online casinos. With the approval, they might loosen up their regulations, thus, more gamblers can now play freely. And so more players means good business.

More players will bring more money inside the industry and for sure it will lifted the value of bitcoin, more gamblers will noticed that and find this
system very useful and transfer from old school fiat casino to crypto gamehouse, those potentials and possibilities can be acquire after this
ETF approval will manage to happen.

As always, ETF approval still bring some good hope for crypto followers.

[bering]

Gambling industries were already growing before ETF decided so in my view it will have not any effect for gambling industries itself that ETF approve or rejected the gamblers will still gamble regularly without thinking anything else and popular casinos will still available loyal players who willing to spend their money at gamble table but some people says if ETF approve the price will be reach to the moon but  i think they were predict too much here

[Little Mouse]

Yes it will affect because if ETF get approved, more people will join crypto shpere and more gambler will be there. So, it will definitely be a benefit for crypto gamble industry.

[proTECH77]

Now that news are filter in that ETF is about to be approved by sec, I will like to ask about your views on this.  Will ETF approval affect gambling industry especially the crypto gambling industry?

Yes the approval of ETF will definitely affect gambling industry because there will be more demand in the and this will significantly cut across all crypto sectoria including cryptocurrency gambling. Can't wait to see the market bullish again!!!.

[davis196]

Now that news are filter in that ETF is about to be approved by sec, I will like to ask about your views on this.  Will ETF approval affect gambling industry especially the crypto gambling industry?

Nope.Bitcoin won't be ETF approved by the SEC.
Anyway,any bitcoin price increase leads to madness driven by greed.If the amount of human greed increases,the gambling industry(which is driven by greed) makes more money as well.

[Oasisman]

I dont see any significant changes in gambling field when Bitcoin ETF will be approved, not even the prices in crypto market. Maybe because of the ETF hype since last year, it will create a rise of Bitcoin value in the marker, not because of the ETF approval.

[Kakmakr]

Yes, the ETF approval with definitely have a indirect impact on the price of Bitcoin and this will influence the values of the tokens that are used by many of these gambling operations. They will have to adjust the token prices and they will also get more customers as more people are attracted to Bitcoin. 

A lot of these gambling operations adapt the token prices automatically, based on the price. {Freebitco.in also adapt their faucet payouts, based on the price of Bitcoin} 

[AB de Royse777]

Why people do believe on ETF too much?

I dont even see this thing do have significant effect on bitcoins price.Yes, it might be an adoption but i dont see any difference at all.

It's not important for us who already into Bitcoin however, it is important for those new people who have doubt in Bitcoin.

There are billions of people around the world who are brainwashed by the yellow media. The ETF approval for them is kind of green signal to trust Bitcoin which is a misconception by the way. Bitcoin will move with or without them however approval of ETF will bring more interested people on the table.

[traderethereum]

Now that news are filter in that ETF is about to be approved by sec, I will like to ask about your views on this.  Will ETF approval affect gambling industry especially the crypto gambling industry?

I don't know, but I think the gambling industry doesn't need ETF approval to continue their business. As long as they can build more and more gambling places in online or offline, then they can attract more gamblers to play on their websites. But for the other things, it will give fresh air for the market, and I hope that it will change the situations so we can see the bull market will come. Many people still need to believe that investing in the cryptocurrency can gives them a profit in the short-term and in the long-term. But they still need to know that when they decide to invest something, they must know that the risk will be behind on that investment.

[veleten]

there will be benefits to the industry because ETF aproval  would attract new big investors
so the price is going up, most likely and there will be more buisenesses , official casinos, more regulations, more rules and more KYC
wait ... I mean ... it would be beneficial , haha
but ETF approval sounds more like a stuff of legends at the moment more than  a real deal

[UserU]

Why people do believe on ETF too much?

I dont even see this thing do have significant effect on bitcoins price.Yes, it might be an adoption but i dont see any difference at all.

It's not important for us who already into Bitcoin however, it is important for those new people who have doubt in Bitcoin.

There are billions of people around the world who are brainwashed by the yellow media. The ETF approval for them is kind of green signal to trust Bitcoin which is a misconception by the way. Bitcoin will move with or without them however approval of ETF will bring more interested people on the table.

Exactly. Approval or no approval, other countries are eventually embracing BTC and the only thing affecting its price it is the whales.

Not even surprise those from Wall Street are one of the main players behind the scenes.