Benefits of ETF approval to gamble industries!

[MiguelCryptoss]

There will be considerable benefit if the ETF approval to gambling industry as the game will now attract many players tpplay and equally attract many new investors around the world to join the world of cryptocurrency.

[rdbase]

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 could have significant effect on the price because then investors from the forex sector would take it more seriously and will move their money into it even if a small amount to them is considered alot to most middle class earners.
And the last time a etf was announced it did increase the bitcoin price but when it was rejected it brought it back down to the level it was at before the announcement.

[posi]

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?

No doubt the EFT approval will create an impact in the crypto gambling industries but I believe it will create both positive and negative impact because the ETF seems to be an act of semi centralization of crypto currency which was the reason why it take the SEC long to approve it because every necessary procedure are to be follow.
Lets just hope the negative impact wont be much.

[Oceat]

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?

No doubt the EFT approval will create an impact in the crypto gambling industries but I believe it will create both positive and negative impact because the ETF seems to be an act of semi centralization of crypto currency which was the reason why it take the SEC long to approve it because every necessary procedure are to be follow.
Lets just hope the negative impact wont be much.

What kind of impact would that be if ETF would get an approval?

If you mean to say is the price of Bitcoin, I don't think there is something that ETF would do to make a change of the price of any cryptocurrencies.

SEC will do the right thing that's why they have to delay or reject any proposal if the requirement doesn't meet.

[gribble]

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?

Well in my personal opinions and analysis the benefits of ETF approval to gamble industry is the cryptocurrencies will be more legal to be used as current for payment method on gambling industry, although the ETF is not regulator of the money in cryptocurrencies at least there is the law on cryptocurrencies space and it will gives good news for gambling games related with cryptocurrencies. The new people will addopt cryptocurrencies in their gambling games.

[Indrawan77]

I think the only effect is the bitcoin price, other than that I don't see any impact is related to crypto gambling industry, the approval of etf won't make people gambling more often and won't make investors go gambling, so I don't think it will affect too much whether the etf is accepted or rejected for crypto gambling industry

[Siren]

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.

Not just bitcoin baded gambling because if bitcoin price grows the altcoins and even tokens will grow also this means everything will be happy and the gambling industry will benefits more,imagine the bounty hunters will surely use larger amount to sutain their love in bettings

Ofcourse i am part of this lol.so let us all pray that this ETF will finally approved as we have waiting for so long just for this great event that will be remembered in the whole crypto world for the rest of generations

[Dreamchaser21]

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 of course and the value of the coin will be more expensive for sure and those who lose big money in gambling will regret it, but I don't see any major effect on crypto gambling since ETF is not about the progress of gambling and the price is the only difference so technically the market of gambling will still the same.

[swogerino]

I think it will not affect crypto gambling as much as people are thinking here. Crypto gambling is a well established industry, I would say the most solid one in crypto zone and is solid based on bitcoin mostly so ETF won't make it go much further than it already is.

[Mister1k]

Betting, Dice, slot and any gambling sites were at that point becoming before ETF chosen so in my view it will have no impact for betting ventures itself that ETF endorse or dismissed the card sharks will in any case bet consistently without supposing whatever else and mainstream clubhouse will at present accessible faithful players who willing to spend their cash at bet table yet a few people says if ETF support the cost will be reach to the moon.

However, I think they foresaw excessively here.

[ethereumhunter]

There will be considerable benefit if the ETF approval to gambling industry as the game will now attract many players tpplay and equally attract many new investors around the world to join the world of cryptocurrency.

And maybe the traditional gambler will moves to the online crypto gambling so they can find another experience with using the crypto. I am sure that it will attract more player to come to the gambling business and there will be many new gambling websites around us. But I am afraid that it will attract young people to come to the online gambling games too because they can play in everywhere and we need to take attention to this.

[Johnzky]

Betting, Dice, slot and any gambling sites were at that point becoming before ETF chosen so in my view it will have no impact for betting ventures itself that ETF endorse or dismissed the card sharks will in any case bet consistently without supposing whatever else and mainstream clubhouse will at present accessible faithful players who willing to spend their cash at bet table yet a few people says if ETF support the cost will be reach to the moon.

However, I think they foresaw excessively here.

Yeah right,gamblers will still bet even if without ETF approval,but in some ways others will be more active if he value of bitcoin grows because of this occasion since the market for sure will bloom again and the former cryptonians will again re enter the part as many of us leaves the market for awhile to venture in other form of profiteering,and with ETF(as many foresees the growth will start again if this happens) we can see more active people in this community again and ofcourse gambling will benefits