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Topic: Bitcoin is not gambling - page 23. (Read 20881 times)

full member
Activity: 461
Merit: 101
January 10, 2018, 05:05:24 AM
Technically it is not a gambling , because i earned my bitcoins through jobs such as different campaigns. I think your thinking about the investing on bitcoin would it be a gamble or not ? because it can just increase or decrease like gamble that is win or lose right ? In my own opinion, its not  Wink
Of course yes bitcoin is not gambling either we look it in any other way. Maybe some of us here are using bitcoin in a gambling but saying bitcoin itself as a gambling I guess is not the proper way. The used of bitcoin is depend on the used also of the people who have their own bitcoin in account.  So I would definitely disagree saying that bitcoin is a gambling.
newbie
Activity: 131
Merit: 0
January 10, 2018, 05:05:14 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.
Someone say that Bitcoin Gambling is people who don't understand against Bitcoin. When the person is not yet known the Bitcoin deeper but because he knew his downside Bitcoin so he could be thinking like that.
member
Activity: 400
Merit: 59
January 10, 2018, 04:59:40 AM
Technically it is not a gambling , because i earned my bitcoins through jobs such as different campaigns. I think your thinking about the investing on bitcoin would it be a gamble or not ? because it can just increase or decrease like gamble that is win or lose right ? In my own opinion, its not  Wink
newbie
Activity: 47
Merit: 0
January 10, 2018, 04:57:59 AM
The price fluctuates almost every day and for me its like gambling as you are too unsure a about the possible price after 3 hour or day
member
Activity: 77
Merit: 10
January 10, 2018, 04:35:56 AM
Yes correct. Bitcoin is money, money can't be called gambling. There are many ways to gain money grom bitcoin campaigns, trading and gambling. But gambling is only a part of bitcoin, not bitcoin itself.
newbie
Activity: 65
Merit: 0
January 10, 2018, 04:02:11 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.
The risk of bitcoin is like gambling, but the same is true of earnings. The difference is that this is more meaningful than gambling.
full member
Activity: 350
Merit: 100
January 10, 2018, 03:53:46 AM
Bitcoin is not gambling, for me it is an investment, though there are terminologies of investing bitcoins which are closely like gambling, in the manner of win or lose mode. We all know bitcoins are unpredictable, sometimes it goes up and down. and every time bitcoin fluctuates, there's a opportunity behind it.  Smiley
full member
Activity: 238
Merit: 101
January 10, 2018, 03:47:02 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.
For me it's not gambling. Because you work for it to earn bitcoin. You go for trading to earn more profit. But other say bitcoin is gambling but it depends to others how they handle their bitcoin. For me bitcoin is investment for the better future.
member
Activity: 174
Merit: 15
January 10, 2018, 03:44:11 AM
A money can never be gambling. BTC is never betting. You purchase BTC by cash. How might you utilize it? On the off chance that you utilize good activity great and terrible things when utilizing awful. All relies upon the client. I don't comprehend why individuals say BTC is gambling.
newbie
Activity: 15
Merit: 0
January 10, 2018, 03:36:11 AM
Yeah right, bitcoin is not gambling it is a digital currency used for payment system, like other currencies. It can used for investment, trading and also for gambling.
member
Activity: 213
Merit: 13
Wonderful World
January 10, 2018, 03:22:52 AM
bitcoin instead of gambling it depends on us, but the problem is how do we find the bitcoin that makes us trapped in gambling, many ways to get bitcoin one of them get bitcoin by gambling we are looking for bitcoin by way of GAMBLING I think it is gambling and there are still many ways to get bitcoin in a good way
legendary
Activity: 1442
Merit: 1008
January 10, 2018, 03:15:08 AM
On the gambler's eye, bitcoin is actually a gambling because when you invest, it's either you will earn great profit (WIN) or you might find yourself in a hole where you want to sell your bitcoin at a very low price (LOSE) when it's price goes down deep. So it's really very important that you have to know first about what you are really investing to.
Yeah those people who get used to gamble tend to think simply, don't want to through complicated way just like what we always did in trading to look for reference from a lot of sources, they think it's pretty simple to buy low and sell high randomly in hopes get the luck. And investing in bitcoin itself required a deep research so you aren't gamble there.
full member
Activity: 238
Merit: 101
Escorting Meets The Sharing Economy
January 10, 2018, 03:12:23 AM
Gambling is when you don't have faith with your portfolios and you only use it because you want to take a chance in getting something out of those. Bitcoin is totally a different story. Bitcoin has an amazing platform structure hence it's the father of all cryptocurrencies. Bitcoin, in my country is considered as a security and hopefully soon as a currency. If you will have an in depth research about the platform you will definitely put your faith in Bitcoin. Bitcoin knows how to give back and love back, that is for sure.
newbie
Activity: 20
Merit: 0
January 10, 2018, 03:03:11 AM
Yeah its not,
Bitcoin for me is one of the top trading instruments we have in the market with the total maket capital of almost 250 Billions of dollars,
But what do you mean about when you say Gambling,?
Because for me when i trade or invest with the unstable bitcoin maket we have its like a gambling also because it not always win, and the chart is really unpredictable
sr. member
Activity: 696
Merit: 258
January 10, 2018, 03:00:41 AM
If you think bitcoin is gambling, yes it is. Have you by any chance know about share market? In share market paper currency is used in the form of shares for gambling to raise or pull down the price of a currency. Like wise all the currency like crypto or paper, everything involves some kind of drive and as you said this may be called as gambling. Both cryptocurrency and paper currency has a separate gambling platform if any one wants to take part in it.
member
Activity: 82
Merit: 10
Decentralized Application Platform
January 10, 2018, 02:58:01 AM
Bitcoin is not gambling, but this is a big risky game and you do not know whether you win or lose
member
Activity: 378
Merit: 10
January 10, 2018, 02:46:45 AM
Usually Bitcoin is not gambling it's all about the investment,trading,cryptocurrency,earnings,some of these they use us a bussniss purposes,transactions,money exchange,so that things sounds similar is not gambling,Bitcoin is  have many different usage,but it's depend on you how you will used in a proper way if you have a proper knowledge about this kind of furom
jr. member
Activity: 224
Merit: 3
January 10, 2018, 02:36:09 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.

Bitcoin itself is not a gambling it is considered a currency (Cryptocurrency).
But trading  of btc can be compared to gamble but this is a good gambling because you can predict if you are in winning or not unlike the true gambling is always base on luck.
full member
Activity: 770
Merit: 113
January 10, 2018, 02:25:06 AM
Indeed. Bitcoin is not a gambling because you cannot make here a lot of money in just a few minutes because that is impossible in bitcoin and it is just a form of currency that can be used as an investment or currency to transfer money and it will only become gambling if you will do margin trading with bitcoin.

I agree. Who said that bitcoin is gambling seems not to know bitcoin well. As your explanation, it is not easy to get profit in cryptocurrency without proper analysis and calculation, if gambling only relies on luck.

The great profits of cryptocurrency are entirely due to being influenced by demand and supply in the stock. If the analysis is good, it will definitely get a big profit.
sr. member
Activity: 646
Merit: 252
PNNV.COM Live bitcoin price monitor
January 10, 2018, 02:24:15 AM
Well, it is not gambling really because you are not in a place where you make bets and then at the end of the day either go home penniless or with much money. Unlike gambling, Bitcoin is like making an investment that will either go up or down but if it is down it will still go up in the coming days so there is no losing in Bitcoin really. In gambling, there is. I would like to treat Bitcoin as an investment or as a form or currency. That's it!
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