I don't know if this can be called gambling.
I might think this is a scam.
You have no idea what your friend did with your bitcoins.
He only needs to tell you that gambling has failed.
Then your bitcoin will be lost.
Topic: Bitcoin gambling as investment? - page 2. (Read 648 times)
So here I have a friend who's inviting me here on the said gambling investment. It's just simple, you'll send your bitcoin (investment on any amount) on that person then he's going to play using the money collected. After 7 days, your investment will be doubled and the money will be sent back to you after deducting the trans fee. There is a chance of losing but if your money loses, you'll. Be given a 10% refund.
Someone already tried this? Safe or not??
Someone already tried this? Safe or not??
The idea does not seem trustworthy witha a random dude. If it's a friend that's propsing you that you can give it a shot but the idea of giving someone money and hoping they won't loose the does not look ok.
Sounds like a big gamble. 
Prepare yourself for a big loss too and I recommend for you to have a big trust on that person since he is gambling you bitcoin.
BTW, how would you know if he is good in gambling? Will there be like statistics of his wins and losses?
Prepare yourself for a big loss too and I recommend for you to have a big trust on that person since he is gambling you bitcoin.
BTW, how would you know if he is good in gambling? Will there be like statistics of his wins and losses?
Oh, I don't think it's a gamble at all.
I think it's a hoax.
Your friend only needs to finally tell you that failure, then you will lose your bitcoin.
Because you don't know the process.
It just needs to tell you that gambling has failed.
I think it's a hoax.
Your friend only needs to finally tell you that failure, then you will lose your bitcoin.
Because you don't know the process.
It just needs to tell you that gambling has failed.
I have know a lot of people doing this,and most of them didn't succeed,it always end up in scams especially when they put the collected money into gambling.Not everday you can win the sites,expect a lose after every win.if you are the roller and you lose the money you collected can you declare it to your investors?would they believe you?what will happen to you soon?they will call you scammer (not if both side had mode of agreement) and what will happen to them.they lose.
These are known as ponzi scams, do NOT participate in HYIP and doubler "opportunities", often they will pay out if you get in and out early enough, but after some time they become unsustainable and then will exit with a large amount, actualizing the scam.
Gambling is gambling. There is always a chance to loose everything, and I will never put my money in another hands to gamble with it. If you want to do it by yourself, go ahead, but gambling is not an investment.
If anybody try to sell yo gambling as an investment, this person is, definitely, trying to cheat you. There is no such a kind of investment, you can’t even use the word “investment” and in the same phrase “gambling”, for it is absurd. Investment is supposed to be something that give you confident and uses your money wisely, so you can earn (and of course the investor) more money. Usually it needs time and patience, but never, I repeat, NEVER, gambling is involve.
I'm sorry, I believe someone is trying to cheat you.
If anybody try to sell yo gambling as an investment, this person is, definitely, trying to cheat you. There is no such a kind of investment, you can’t even use the word “investment” and in the same phrase “gambling”, for it is absurd. Investment is supposed to be something that give you confident and uses your money wisely, so you can earn (and of course the investor) more money. Usually it needs time and patience, but never, I repeat, NEVER, gambling is involve.
I'm sorry, I believe someone is trying to cheat you.
So here I have a friend who's inviting me here on the said gambling investment. It's just simple, you'll send your bitcoin (investment on any amount) on that person then he's going to play using the money collected. After 7 days, your investment will be doubled and the money will be sent back to you after deducting the trans fee. There is a chance of losing but if your money loses, you'll. Be given a 10% refund.
Someone already tried this? Safe or not??
Someone already tried this? Safe or not??
This is a very odd way of investment. You'll invest bitcoin to some gambling maniac? Hell no. You'll just feed his addiction to gambling and this will not turn out beneficial to the both of you. Yes, he might win big but he could lose big as well. Bitcoin is uncertain and you are adding Bitcoin to it? Merging two uncertain things could be a devastating chaos.
I do not recommend this as this have higher risk that Bitcoin alone.
we don't know him personally, he is just offering this as his business. Thanks for your comments and suggestions, i think i'll just play it on my own. lol
Well that's the right decision, you just play it on your own and as you said you don't know him personally "it's risky". or much better to stay away from him and also avoid in gambling.
Op, this is highly risky to do. Gambling itself is an unpredictable game , meaning that the outcome can't been known even when you are gambling it yourself not to talk of giving it to someone to gamble on your behalf.
However, if such friend is someone you know and have a physical contact with, you can have a written document with him on his promise and involve a third party who both of you respect. This is if you still want to go on the gambling, otherwise, let it go. Lucky you.
However, if such friend is someone you know and have a physical contact with, you can have a written document with him on his promise and involve a third party who both of you respect. This is if you still want to go on the gambling, otherwise, let it go. Lucky you.
So here I have a friend who's inviting me here on the said gambling investment. It's just simple, you'll send your bitcoin (investment on any amount) on that person then he's going to play using the money collected. After 7 days, your investment will be doubled and the money will be sent back to you after deducting the trans fee. There is a chance of losing but if your money loses, you'll. Be given a 10% refund.
Someone already tried this? Safe or not??
Someone already tried this? Safe or not??
If thats the case then for me it would not be safe. You are lending your bitcoin to someone who will use it for gambling? What if that person loose in his games. Would he refund the bitcoin he lend from you? You should think twice before aggreeing on letting him borrow your bitcoin.
It seems like an obvious scam to me.
How do you know they will gamble with your money? They could just keep the 90% and say you lost.
Anyway, why can't you gamble it yourself? Do they claim to have a system? If they claim to have a system, then it's probably a scam.
How do you know they will gamble with your money? They could just keep the 90% and say you lost.
Anyway, why can't you gamble it yourself? Do they claim to have a system? If they claim to have a system, then it's probably a scam.
But you can earn some money on it. If you don't treat it like a long-time investment!
I would not do it ever. Man, stay away from your friend with such a scam proposition. You will earn pretty good money trading honestly. Monitor the market of crypto. Save fiat money to buy alts and BTC when the coins value is low, and sell it when the coins are high. Invest into good ICO, but do not gamble.
So here I have a friend who's inviting me here on the said gambling investment. It's just simple, you'll send your bitcoin (investment on any amount) on that person then he's going to play using the money collected. After 7 days, your investment will be doubled and the money will be sent back to you after deducting the trans fee. There is a chance of losing but if your money loses, you'll. Be given a 10% refund.
Someone already tried this? Safe or not??
Someone already tried this? Safe or not??
I would not deal with your friend. Very similar to fraud or various schemes of Ponzi. He did not tell you what he would do with this bitcoin, and what kind of games are these? Better buy bitcoin and do not send it to anyone, it will be safer and more profitable. I think so
So here I have a friend who's inviting me here on the said gambling investment. It's just simple, you'll send your bitcoin (investment on any amount) on that person then he's going to play using the money collected. After 7 days, your investment will be doubled and the money will be sent back to you after deducting the trans fee. There is a chance of losing but if your money loses, you'll. Be given a 10% refund.
Someone already tried this? Safe or not??
Investing your money in Bitcoin itself is risky enough and investing it in gambling is riskier considering you will let others play your money. Another thing is that you are not 100% sure whether you will get your money back doubled and you will have this weighing feeling that something is not right. It will just make you worry, so better if you just invest it on emerging ICOs that has a huge potential. Someone already tried this? Safe or not??
Any form of gambling cannot be taken seriously as a form of investment... I understand that there are certain risks in investing, but the risks in gambling is on a totally different level...
Gambling is a jobbery not investment. There is a big different between investment and gambling even if you say that you both need get the funds there. Gambling is true jobbery in always taking a risk of being losing than to investment that will ensure that your funds are safe and maybe you can earn a good profit. For me you friend is cheating you because you do not know that trend.
bitcoin gambling as an investment is very risky,
you could lost all your funds in one day by using
gambling as an investment, its best to do trading
bitcoin to altcoins for profit.
you could lost all your funds in one day by using
gambling as an investment, its best to do trading
bitcoin to altcoins for profit.
Its not safe at all.Dont try it.
In fact, Bitcoin is not gambling, it can earn more money by trading the Bitakayya forum and Bitcoin. Without it, free bitcoin can be earned by doing so, so Bitcoin can be compared to gambling.
it can happen if yes buy alt coin with bitcoin.
but do not need help by others everyone can do it themselves by trading.
the most important use your own instincts and observations so as not to regret the decision in your life.
Good luck.
but do not need help by others everyone can do it themselves by trading.
the most important use your own instincts and observations so as not to regret the decision in your life.
Good luck.
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