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Topic: Bitcoin is not gambling - page 19. (Read 20867 times)

jr. member
Activity: 238
Merit: 2
January 15, 2018, 01:30:53 AM
I don't know why people say bitcoin is gambling. It's not gambling. You are investing your money and time. You use your internet. So it's not gambling dealing with it.
Yes, agreed, I also don't understand why people still think if it's a gamble. Bitcoin the difference is very far away. Certainly, some who consider that Bitcoin Gambling is people don't understand about Bitcoin.
sr. member
Activity: 560
Merit: 260
January 15, 2018, 01:16:37 AM
The is a common saying.... "the middle classes gamble in the stock market.  The lower classes gamble with lottery tickets."   

Crypto allows anyone with a phone to gamble (or "invest" based on "research,"....LOL) hence all the confusing and long winded threads about whether it is gambling or not.   
member
Activity: 574
Merit: 10
January 14, 2018, 11:17:56 PM
According to everyone, of course bitcoin is not gambling.bitcoin is a currency in the form of investment and the transaction is very easy to use by all our society. Wherever they do it well, the results are also good. If you trade in a market by buying a cheap price and stick with a higher price, to get more profit, it is not gambling.
member
Activity: 179
Merit: 10
January 14, 2018, 10:12:38 PM
People do not know very well in bitcoin if anyone knows how much less and most do not know much to say just as bitcoin and bit are still down because the money is to be down and right well see that it seems like a gamble sometimes will reduce the money and compare it .one of them can not make a bitcoin it is special for everyone because it can shake up the amount of money fast sa fast in all the times .it is pointed out that everything is a gambling that they do not know that altcoins have decentralized and that really it the only one rising price but we just raise it .
jr. member
Activity: 52
Merit: 1
January 14, 2018, 04:35:05 PM
definitely bTC is not a gambling .it is a currency
full member
Activity: 254
Merit: 102
January 14, 2018, 04:29:16 PM
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.
So say ordinary skeptics who do not understand the technology of crypto currency, but already have some kind of false opinion. You should not listen to such people; on the contrary, you need to teach them and prove that they are not right in facts.
newbie
Activity: 88
Merit: 0
January 14, 2018, 04:12:54 PM
BTC is completely innocent. Only fraudulent organizations make people misunderstand the BTC. Gambling sites cheat us by BTC, because BTC is money only.
member
Activity: 118
Merit: 10
January 14, 2018, 03:53:32 PM
i know that some people categorized gambling activity from people who get money without give their effort, and usually people know you or other people who invested in bitcoin or something invest programs that they dont know, they will said that your investment is a gambling and dont have a good results
4U
member
Activity: 195
Merit: 10
January 14, 2018, 03:52:28 PM
I agree that bitcoin is not a gambling. Its just a way to help you more and gain profit from it. Bitcoin is not a gambling definitely it is not  a sin so why can you prohibit bitcoin its just a play time you should enjoy and after you will gain more.
Yes bitcoin is not gambling it’s a digital currency and it can be used for many things gambling is different thing in gambling you can lose and bitcoin can give you profit any time any place you can also learn a lot of things in bitcoin which can help you in your future so we need to join bitcoin and bitcoin have also one of the good quality that you can earn a lot of money from it which you can’t earn in gambling.
newbie
Activity: 66
Merit: 0
January 14, 2018, 04:35:50 AM
Gambling is an activity of drawing fate! For example - grab a dice, select a number and then hope the number will appear, throw the chest ... the decision-making process is complete when the dice is thrown, the end we never know and can not control it.

Then what about trading? Trading is a decision-making activity that involves many aspects ranging from market research and analysis, financial management and risk management to psychological management to recognizing market psychology as well as the ability to control oneself.
sr. member
Activity: 532
Merit: 257
A BLOCKCHAIN SOLUTION TO DISRUPT TRADE FINANCE
January 14, 2018, 04:14:35 AM
Bitcoin is a digital currency supposedly to be used as mode of payment in virtual world, yet as time flows it becomes a storage of value good as an investment for future usage as well. Investment and gambling shared same denominator which is risk but it won't still be not appropriate to say that bitcoin is gambling.
full member
Activity: 1638
Merit: 122
January 14, 2018, 04:12:07 AM
Bitcoin is a Digital Cryptocurrencies. One of the way to earn income using bitcoin is by trading market. Bitcoin also used in trading market, that's why some people think that "Bitcoin is a gambling", because they only know the buy and sell bitcoin activity based on the price value.

bitcoin is not a gambling even if it used as a form of trading or gambling because bitcoin is a digital currency and a currency is a medium that is mainly used for buying or paying to someone. a gambling is way to gamble or to play games like card games , sports , dice , etc that requires you to bet or put a speficic amount in order for you to start playing it. therfor bitcoin and gambling are two different things and dont have a simliraties to each other whatsoever.
sr. member
Activity: 560
Merit: 260
January 14, 2018, 04:08:51 AM
Semantics.   Gambling, investing....  you can make great gains, or lose everything.    Cheesy
jr. member
Activity: 175
Merit: 2
January 14, 2018, 04:08:40 AM
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.

Trading is almost  like gambling. you can lose you money if you are so aggressive. good thing on trading you can predict if you are wining or not unlike the gambling is pure on luck.
 
newbie
Activity: 108
Merit: 0
January 14, 2018, 04:06:13 AM
Bitcoin is a Digital Cryptocurrencies. One of the way to earn income using bitcoin is by trading market. Bitcoin also used in trading market, that's why some people think that "Bitcoin is a gambling", because they only know the buy and sell bitcoin activity based on the price value.
full member
Activity: 210
Merit: 100
A BLOCKCHAIN SOLUTION TO DISRUPT TRADE FINANCE
January 14, 2018, 04:05:25 AM
Yes you are right its not gambling, Its just a digital currency or we can think it as an asset in which you will invest and the value of the asset fluctuates according to the demand and supply of that asset.
newbie
Activity: 70
Merit: 0
January 14, 2018, 04:02:16 AM
We should not view bitcoin as a gamble, but as a way of investing, because gambling is a short-term asset, and it takes patience and time to hold bitcoins.
member
Activity: 140
Merit: 11
January 14, 2018, 03:53:38 AM
sometimes i also think so, whether bitcoin gambling or investment
because of uncertain price fluctuations can change in every hour or even every minute
until now I have not been able to understand bitcoin, this seems like half a gamble and half a trade Grin
member
Activity: 77
Merit: 17
January 13, 2018, 10:09:52 AM
Yes, Bitcoin is not gambling but it is an investment that you need to take care like in the real business if your stock is on trend you will definitely gain higher amount while if its not it end up with no income.
newbie
Activity: 34
Merit: 0
January 13, 2018, 09:51:41 AM
It completely depends,

If you buy and hold as an investment its not

If you conatantly trade for quick wins then yes you are
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