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Topic: Bitcoin is not gambling - page 27. (Read 20881 times)

legendary
Activity: 2716
Merit: 1017
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January 06, 2018, 09:34:38 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.
People around me also thought that Bitcoin is Gambling. I just quiet and smiling when they say that, they don't know about Bitcoin. Bitcoin indeed can be use to play gambling, but Bitcoin is not part of Gambling.
full member
Activity: 519
Merit: 101
January 06, 2018, 09:18:56 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.

Yes bitcoin is not a gambling. Even though there are many people who discovered bitcoin, there are much more people who do not really understand bitcoin.I just let them say things about bitcoin. The important is, I or we know the truth. Time will come that they will understand it. On one side, I do not know why they conclude that bitcoin is just a gambling since they do not really know bitcoin. I also encounter people who said not to invest in bitcoin. I just said OK. But I still continue to do bitcoin. I will just waste my precious time in them.
jr. member
Activity: 65
Merit: 1
January 06, 2018, 09:11:56 AM
I also disagree if someone says bitcoin is a gamble I never had a little debate with one of the religious leaders in my residence I also explain about bitcoin with him but he still said that it is the same as gambling and there have been arguments with him
member
Activity: 112
Merit: 11
January 06, 2018, 09:00:54 AM
Sometimes I think it is gambling because it drops or rise so quickly,but sometimes I think bitcoin is a kind of currency,it can be investm not gambling .so i am confused too

If you took your money, bought bitcoin just because you saw in the TV that is rising its value and you hope to earn some profits without making any studies or previous reports about the market, the current status of the coin or you are in conditions to hold any investments, then yes, it’s gambling because you’re putting your money randomly without knowledge.
sr. member
Activity: 546
Merit: 256
January 06, 2018, 08:59:53 AM
I think Bitcoin is not gambling, it is not entirely luck, it also needs the support of knowledge and technology so bitcoin is different from gambling.

Support of knowledge and technology? Why? Bitcoin itself if a technology which is run by a technology named Blockchain. Bitcoin is a digital currency, it is not gambling but a currency that is commonly used in online gambling.
4U
member
Activity: 195
Merit: 10
January 06, 2018, 08:57:24 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.
Forget what other people are saying about bitcoin calling it a scam, ponzi, pyramid, gambling, or whatever. The only thing that is important to you is make sure you know what you are doing. Bitcoin is peer-to-peer digital currency that is fast, secure, and decentralized. Bitcoin is acceptable worldwide, and bitcoin value appreciates over time because of bitcoin high demand. I don't know why people are so stupid to the level where they can't understand that.   
Yes its true bitcoin is not gambling it’s a digital currency and you can use it for buying things such as your food and clothes and also you can pay all your bills bitcoin is now very valuable and you it can be used in many places for many things I’m using bitcoin in restaurants and I’m going to pay my tuition fees as well and gambling is totally different then bitcoin in gambling you can lose your money and in bitcoin you will always earn.
full member
Activity: 224
Merit: 100
January 06, 2018, 01:50:54 AM
Some people say like that, but in which part? Is it trading? According to my knowledge, gambling does require money and time. In gambling, there are win and lose. In my opinion, bitcoin is not gambling, as long as it is not prohibited in the country where we are living.
full member
Activity: 462
Merit: 113
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January 06, 2018, 01:27:50 AM
We can use Bitcoin in gambling, yes, but I think Bitcoin is much - and more a business than a gambling. On the other hand, trading is somehow and much like a gamble, gambling.
full member
Activity: 476
Merit: 100
January 06, 2018, 01:24:26 AM
You are right, Bitcoin is just digital currency is not gambling. Some use bitcoins as their bet when they play or do gambling
newbie
Activity: 172
Merit: 0
January 06, 2018, 01:16:22 AM
Yes. you are right. We invest our money and make money. I think it's a real business.It is not ga not gambling.
full member
Activity: 448
Merit: 100
January 06, 2018, 12:39:57 AM
it's wrong if bitcoin is considered a gamble, we here also work and try, do not ever think that bitcoin work gamble, i like to do bitcoin.
newbie
Activity: 56
Merit: 0
January 06, 2018, 12:24:28 AM
Yes, Maybe its possible because A great deal of the exchanging basically expects you to have confide in a trade that is worked by others,but it's not the same as putting resources into the stock exchange or whatever other money related instrument that is lawful. This is high hazard, it feels similar to tossing your cash in a storm cellar pooch battle or something where you have no clue who the bookies are and it's your first time there and everybody around you looks crude.
full member
Activity: 221
Merit: 100
January 06, 2018, 12:08:07 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 is a currency. Well bitcoin can be a gambling when you gamble for example is investing. You invest and take risk even though you don't know if you will win or lose but some bitcoin earnings is not a gamble for example is joining signature campaigns and other bounty campaigns. Bitcoin can be a gamble depending upon the user uses to earn bitcoin.
sr. member
Activity: 532
Merit: 284
January 05, 2018, 09:12:42 PM
Bitcoin is a gambling. Once you invest money, the gambling begun because bitcoin is not fixed. It sometimes increases and decreases.
Who said that investing is the only thing you can do to earn Bitcoin? Have you been doing your assignment? Why dive-in in such a topic if you don't even know the basic way to earn Bitcoin without spending any money? Are you a whale or something? Don't make any assumptions as new people might get the wrong idea.
full member
Activity: 229
Merit: 100
January 05, 2018, 08:50:12 PM
Everything in cryptos has turned into gambling alas! If you look at the markets it is all just a giant casino where gamblers play pump & dump games each one trying to outsmart the others. Buying and selling Bitcoin has become a sort of gamble, true.
member
Activity: 140
Merit: 10
January 05, 2018, 08:42:51 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.
Bitcoin is not gambling.Its a digital currency yes its involve money but its investing.The price is not stable but if we make something new and if we want to be prosper lets take a risk but this is not a gambling.if we want to achieve our goals lets be more positive.
member
Activity: 210
Merit: 10
January 05, 2018, 08:42:38 PM
Bitcoin is investing not gambling.Bitcoin teaches us to earn and save for the future.
jr. member
Activity: 93
Merit: 2
January 05, 2018, 08:42:31 PM
Bitcoin is a gambling. Once you invest money, the gambling begun because bitcoin is not fixed. It sometimes increases and decreases.
member
Activity: 110
Merit: 22
January 05, 2018, 08:42:17 PM
I think Bitcoin is not gambling, it is not entirely luck, it also needs the support of knowledge and technology so bitcoin is different from gambling.
sr. member
Activity: 602
Merit: 252
January 05, 2018, 08:33:03 PM
Gambling industry has got a major role in the growth of bitcoin. Because at the early days, bitcoin was much used on gambling. Later this got used in different forms from a transaction service to a value storage token and as an investment. Now this has changed as people has started understanding better about bitcoin.
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