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Topic: Bitcoin is not gambling - page 104. (Read 20881 times)

copper member
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September 27, 2017, 08:04:13 PM
#98
Oh yes we are, are we? you guys are the smallest members of this huge body, mostly people here think of Bitcoin as their job, major investors wont care about internet because it doesn't cost them anything of significant value. their time is not wasted, they know how to manage their times. Bitcoin is gambling if you are going to invest a large amount of money but it worth every single dollar you gamble on it when price goes up. gambling part is because of the surprises of the market and fluctuations. BTC is a new game unlike any.
sr. member
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September 27, 2017, 08:01:28 PM
#97
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.


full member
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September 27, 2017, 07:46:32 PM
#96
if you dont research and invest randomly you will gamble,but your make dicision wisely and research well you wil do good investment
legendary
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September 27, 2017, 07:40:11 PM
#95
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.

Those who say that means do not yet know fully about bitcoin, to get the bitcoin we need to do well and a lot of ways to get bitcoin. Maybe those who say bitcoin are gambling, maybe they know bitcoin in gambling like dice etc, so they think bitcoin is gambling.
full member
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September 27, 2017, 07:38:59 PM
#94
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.

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.
sr. member
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September 27, 2017, 07:34:40 PM
#93
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.

yes i think so, as i know bitcoin is a digital currency and we can invest our money to get profit, just as we trade and I don't think this is a gambling.  Smiley
sr. member
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September 27, 2017, 07:32:27 PM
#92
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.
Cryptocurrencies sometimes make me feel like it's a form of gambling because we get into this game of chance for money. We spent money and time into it for a better return. Gambling is risky which we can see also in most cryptos but unlike Bitcoin that is really the most stable for me. We also lose money in cryptos just like gambling. For me cryptocurrencies is a safer investment rather than gambling itself because of 90% return and 10% loss whereas in gambling there could be a 50/50 situation win or lose. And I know that we are after to this potentials. Though we need to take risks in both sources of money. But IMHO all this depends  on someones point of view regarding this matter.
copper member
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September 27, 2017, 07:08:46 PM
#91
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.

Negative people always have something negative to say about what you are doing. So never mind them!
A lot of people that didn't understand what is bitcoin and how bitcoin works has negative thoughts about bitcoin.
I think you should educated about bitcoin. If they understand it fine, if they couldn't listen forget about them! they are negative people with negative minds. 
sr. member
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September 27, 2017, 06:50:29 PM
#90
Sure Bitcoin is not gambling, it is a crypto currency with high price and many attractive features , and it is used in some gambling sites, dices and casinos, just like using fiat currencies in some other sites.

It's true, BITCOIN is not gambling because bitcoin is a currency that has a lot of mafaat that can be in and many ways get it Wink

This is what I am telling in some forums and friends. They think that bitcoin is a gambling or something like an MLM company. Bitcoin is a cryptocurrency to be exact. But people consider bitcoin as an asset because it appreciates value in time.
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September 27, 2017, 06:36:24 PM
#89
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.

Bitcoin is structurally not gambling and never will be. However, if you are an investor of bitcoin, then you are actually gambling with your luck. But that is true for all other investment as well and not particularly about bitcoin only.
hero member
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September 27, 2017, 06:33:11 PM
#88
I cannot tell you how many times people have suggested to me that Bitcoin is too risky and like stocks. Do you not see how to price rises exponentially over and over?
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September 27, 2017, 06:27:16 PM
#87
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.

your correct bitcoin is a currency not a gambling, bitcoin is new digital currency using the era of technology as decentralized crypto currency running by volatile power of computer tech.
full member
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September 27, 2017, 06:19:25 PM
#86
Bitcoin is never a day Gambling, before u can start doing bitcoin business u need to devote your time, expertise, Internet before u can start earning bitcoin, but i gambling it is the betting between two parties.... which bitcoin is not
sr. member
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September 27, 2017, 06:16:49 PM
#85
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.

It's FUD, probably if your family see you gambling and you tell them that ur on bitcoins, they thinking the wrong way.
People who do arbritrage without knownledge are really gambling.

According to Boston University Law Review:

Quote
"...gambling and investing are identical activities of wagering..."

Buying an index fund is gambling.
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September 27, 2017, 06:07:59 PM
#84
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.

It's FUD, probably if your family see you gambling and you tell them that ur on bitcoins, they thinking the wrong way.
People who do arbritrage without knownledge are really gambling.
sr. member
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September 27, 2017, 06:06:57 PM
#83
I don't dare to invest in gambling, because I think gambling will ultimately make us loss and addiction
So consider first before investing in gambling

Did you buy any cryptocurrencies?

Have you ever bought stocks?

Have you ever invested in real estate?

Have you ever bought insurance?

If yes, then you have gambled.
hero member
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September 27, 2017, 06:05:02 PM
#82
According to my bitcoin not gambling as long as they don't use it in a game of gambling both online in mauipun come to the casino but only as an investment of their money into the shape of bitcoin because high prices made them want an advantage in the future is good so thus depends on who are using bitcoin into its activities
I don't dare to invest in gambling, because I think gambling will ultimately make us loss and addiction
So consider first before investing in gambling
sr. member
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September 27, 2017, 06:04:57 PM
#81
If you are just a newbie in bitcoin and you think to invest in bitcoin for you can be a gamble. But I dont think it is for all the people. A gamble is more like a game of luck where either your lose either you win. Bitcoin has nothing to do with this because it is a currency. Bitcoin price is going up so it is an investment , a good one

Some gambling activities involve 100% luck, such as lotteries.  But MOST gambling activities involve both skill and luck.

Investing is a gambling activity.

Oxford Dictionary's definition for "gambling" is:

Quote
"Take risky action in the hope of a desired result:"

Oxford's examples include:

Quote
'...it is always tempting as an investor to gamble on risky firms...'
'Investors began gambling on future returns...'

Buying Bitcoin, stocks or real estate is gambling.
hero member
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September 27, 2017, 06:00:59 PM
#80
There are a lot of people that i see on this forum that only uses bitcoin for gambling purposes, and i see it because i visit the Gambling section in here twice a day, and there is plenty of those people who receive a payment, and instantly use it into a dice, or to play roulette, etc.
So i am not acussing them, but gambling is an addiction and it is not good.
hero member
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September 27, 2017, 05:59:09 PM
#79
Sure Bitcoin is not gambling, it is a crypto currency with high price and many attractive features , and it is used in some gambling sites, dices and casinos, just like using fiat currencies in some other sites.
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