Well, bitcoin is money, and it can be used for so many things, maybe some of them are bad things or good ones, but i dont understand those people who use bitcoin only for gambling, it is full of them in this forum. I have been in a signature campaign of a guy that was a trully gambler, he payed all of us for one week, because he lost the week2 money because he played on the rulette and he lost.
So it is bad to gamble.
Topic: Bitcoin is not gambling - page 103. (Read 20867 times)
Not just about gambling but the bad reputation behind the use of Bitcoin, my friends accuse me of having something to hide!
I don't know why people say bitcoin is gambling. Its not gambling. You are investing your money and time. You use your internet. So its not gambling dealing with it.
People always compare things to gambling when there's risk involve but I also don't agree. You play in gambling buy you don't do that on investments. It's completely different.
I don't know why people say bitcoin is gambling. Its not gambling. You are investing your money and time. You use your internet. So its not gambling dealing with it.
Well we have gambling in bitcoin, maybe in investing it's more like you are taking a risk but at the same time you are studying the charts and making a strategy on where to invest or trade.
I'm agree with you, bitcoin isn’t gambling. Bitcoin is a new currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto. Some people saying bitcoin is a gambling because they never know how to use bitcoin as well. Bitcoin be gambling, just for some people like a gambling. Do you know? Bitcoin is best project to get some profits, if you can using a bitcoin and choose a nice project.
it's true that many people rate the bitcoin online gambling and if they want to know more about bitcoin, I'm sure the words that have been in throw it will embarrass themselves when it knows the true bitcoin.
Bitcoin is not a gambling it is a digital currency that can be used in many transactions online, it can be used to spend for our expenses, and paying bills also it can be used as investment to make an income. Gambling is a method which are people can be entertain and for past time but some of the people used this method to earn money and it will based on their luck and you can used bitcoin if you want to play online gambling which is very in demand for bitcoin users.
I don't know why people say bitcoin is gambling. Its not gambling. You are investing your money and time. You use your internet. So its not gambling dealing with it.
I think they are using gambling in its broad sense. There are risks involved in any investments, and that would include investment in bitcoin. So in a way you are still gambling. You gamble by taking our money to invest in something that is risky. However, the risk is relatively low though.
Bitcoin, no doubt, is a risky investment because of its speculative nature. But that is also the reason why so many people are getting into it. The rewards outweigh the risks, especially for those who are in it for the long term, and those who have held bitcoin eversince its price was still way below what it is today. As with other forms of asset, like gold, real estate, stocks, certain level if risks is involved, but bitcoin is at the moment, the one that gives the most yield in a short period of time.
Gambling is Gambling and Bitcoin is Bitcoin, is like bacon isn't bitcoin ain't right ?
I don't know why people say bitcoin is gambling. Its not gambling. You are investing your money and time. You use your internet. So its not gambling dealing with it.
yeah i aggree with you , bitcoin is not gambling , , , i work hard for get bitcoin or all coin,, i very hate to people say bitcoin is gambling
if you dont research and invest randomly you will gamble,but your make dicision wisely and research well you wil do good investment
Correct. There is no risk in bitcoin, because it is not like the real "Gambling" which we are just going to lose most of the time. Investing in bitcoin is a real deal, we could make a huge profits out of it in the long run if we are going to do our research about it. It would be better if we know what we are going to do on a certain thing, because if we do not, then the possibility of losing is higher than if we have knowledge on what we are going to do.
It depends on the person who is doing it.
If they're smart enough to invest their money, then it's not gambling. Since if it's really gambling, then you will lose all of your money.
As for the one that just going around and invest their money like there's no tomorrow without doing some research, then gambling is a perfect fit for them.
If they're smart enough to invest their money, then it's not gambling. Since if it's really gambling, then you will lose all of your money.
As for the one that just going around and invest their money like there's no tomorrow without doing some research, then gambling is a perfect fit for them.
How can they say Bitcoin is a gamble whereas they do not know what is Bitcoin. This is one of the mistakes of many people who say bad things without studying what is Bitcoin.
if you dont research and invest randomly you will gamble,but your make dicision wisely and research well you wil do good investment
Correct. There is no risk in bitcoin, because it is not like the real "Gambling" which we are just going to lose most of the time. Investing in bitcoin is a real deal, we could make a huge profits out of it in the long run if we are going to do our research about it. It would be better if we know what we are going to do on a certain thing, because if we do not, then the possibility of losing is higher than if we have knowledge on what we are going to do.
If there's no risk then there's only reward awaiting you. Go ahead and sell everything you have and put the money into Bitcoin. In a year you'll either be very rich or nothing will change, because there's no risk, or is there?
if you dont research and invest randomly you will gamble,but your make dicision wisely and research well you wil do good investment
Correct. There is no risk in bitcoin, because it is not like the real "Gambling" which we are just going to lose most of the time. Investing in bitcoin is a real deal, we could make a huge profits out of it in the long run if we are going to do our research about it. It would be better if we know what we are going to do on a certain thing, because if we do not, then the possibility of losing is higher than if we have knowledge on what we are going to do.
I don't know why people say bitcoin is gambling. Its not gambling. You are investing your money and time. You use your internet. So its not gambling dealing with it.
Everyone who says that bitcoin is gambling has a wrong mindset. Bitcoin is just a digital currency that exist within the Internet. You can earn bitcoins through joining signature and bounty campaigns, claiming in bitcoin faucets, bitcoin mining, gambling (like in casino), investing, and offering your skills and services to others. Clarify to the ones who told you that bitcoin is not gambling itself, gambling is just another way to earn bitcoins. In gambling, you can join different games where you can bet bitcoins and receive more bitcoins in return if you won. Your profit here inly depends on your luck; if you are lucky you will become wealthy but if not you might face bunkruptcy.
Others' perspective also think that investing bitcoins is like gambling because you exchange your fiat money to bitcoins and risk it in order to get profits. It makes sense for me but I still disagree because I don't think that the word "gambling" is the right term for it.
It depends on the thinking of the people doing the business with bitcoin.
I have many friends doing investing and trading in other markets.
My investing friend told me that trading is gambling. While my trading friend told that investing is also gambling.
In my own opinion investing and trading in bitcoin is gambling but the probability is high to have a profit if you're investing while trading need special skills to profit which maybe bigger profit than investing.
I have many friends doing investing and trading in other markets.
My investing friend told me that trading is gambling. While my trading friend told that investing is also gambling.
In my own opinion investing and trading in bitcoin is gambling but the probability is high to have a profit if you're investing while trading need special skills to profit which maybe bigger profit than investing.
I don't know why people say bitcoin is gambling. Its not gambling. You are investing your money and time. You use your internet. So its not gambling dealing with it.
I agree with you, but still i am. Thinking that you are not fully right because here in this field i am since last 4 years that is not a short time and in that interval of time, I seen that anything may happen.Once i bought bitcoin of value $2000 and when i seen the price drop to 60% at next day then i started weeping that was really a terrible moment for me, so here we can consider it as gambling.
But still here if we have talent of having eye always open in the market then we can change every loss into profit easily.
So here this type of gambling we can handle very well with our experience.
Here if the price get down to a better extent then there is a opportunity to make money by buy bitcoin at low rate.
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Bitcoin :open immutable decentralized global fair
Bitcoin is not gambling it is a crypto currency. Some people use it in gambling maybe thats why others called it gambling it is like a fiat if you use it gambling you might win or loose. So to clear it bitcoin is a virtual currency a medium that is used in different transactions like in trading and investing and others.
People buy Bitcoin, hoping to make money. It is not risk-free, therefore it is gambling.
But so is buying stocks and real estate. It is all gambling.
If there is a possibility of losing money, it is gambling.
Why does the fiat system globally inflate fiat annually at such high levels? Why central banks gambling away our money? Why are US Dollars, Indian Rupees, Euros, Chinese Yuan, Mexican Pesos going down in value every decade?
Will the bubble of global fiat issuance ever slow down or stop?
Globally recognized that there is no financial asset in existence that offers better long-term store of value than Bitcoin.
Bitcoin is deflationary, LIMITED in supply and not inflated like fiat. Bitcoin reached escape velocity 4-years ago in 2013 which means it cannot be stopped - cannot make it illegal or legal - governments/banks do not matter. Bitcoin cannot be controlled.
On the opposite end of the spectrum the global fiat bubble system broke a couple of decades ago.
Fiat around the world is forced to inflate issuance as its heavily infested, burdened and broken with:
-regulatory burden on fiat banks & system (incredibly costly)
-unemployment & other welfare costs
-inflating fiat to keep stock market rising and to keep house-prices from collapsing
-financing conflicts, bombs, and "aid"
-insurance fraud
-false claims and insurance loss-events
-stabilize regions after natural disasters
-keeping monopolies with internet access centralized and search engine crawlers centralized
-money laundering
-chargebacks
-frivolous legal costs (lawsuits bogging the system down)
-state-sponsored corruption and unofficial corruption (governments and gangs, banks and conartists)
-retirement obligations (debasement in value to keep up with payments from government or other retirement-obligations)
-fake credit (goods being transacted with credit-loss, replaced by inflation of monetary base rather than bringing perpetrators & source to justice)
-costs of auditors and budgetors and accountants to governments and businesses
Bitcoin, systemically, is free from these burdens.
Bitcoin is GLOBALLY held and sought after by people in almost every country - see global trade data by country or see this list:
https://bitcointalksearch.org/topic/which-country-are-you-from-here-list-thirty-popular-bitcoin-countries-for-trade-1853019
CAN SOMEONE PLEASE STOP BLOWING BUBBLES OF EXTRA FIAT MONEY AROUND THE WORLD? (PLEASE NO MORE USD, EUROS, JAPANESE YENS, INDIAN RUPEES, CHINESE YUAN, MEXICAN PESOS - PLEASE STOP INFLATING AND MAKING BITCOIN SO VALUABLE)...stop this pumping
https://macromon.wordpress.com/2017/04/26/the-chart-that-floats-overvaluation/
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