Bitcoin is not gambling though some people see it from that angle since its worth goes up and down. But I think its not, its just an investment.
Topic: Bitcoin is not gambling - page 33. (Read 20881 times)
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. That said Bitcoin is gambling that people do not like Bitcoin. It's true Bitcoin can be used for gambling, but it's up to people who use Bitcoin. All currency or valuables can be used for gambling. So too selfish if people think that bitcoin is gambling.
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 on this forum knows that Bitcoin is not gambling. You need to tell it to other people who don't know anything about it.
Gambling is a form of risk every time you lose money i think you can say its a gambling. So for me bitcoin is a gambling
no. of course. Bitcoins are almost universally accepted. They are considered as a valuable asset. However, many investors have failed to invest in bitcoin
On my own point of view I think bitcoin is not a gambling unless you will use it in gambling.Right now I am earning bitcoin in joining signature campaign so I really agree that bitcoin is not gambling but if you will use it in gambling and loss all you money then its your choice,it is your mistake.
Yeah absolutely right brother. Here in the philippines, theres a rumor that bitcoin is a scam that runs by syndicate. And i think thats alarming, thats a propaganda against btc. Probably by those who were affected by the btc. A lot of misconception are created when people doesnt have enough knowledge.
i think it is gambling
because
1)Your correct point about the price being speculative. It’s not a stock where you can do analysis on the strength of the company and decide what you are comfortable paying for it.
2)A lot of the trading essentially requires you to have trust in an exchange that is built by others (some are reputable and trustworthy), but it’s not the same as investing in the stock market or any other financial instrument that is legal. This is high risk, it does feel a little like throwing your money in a basement dog fight or something where you have no idea who the bookies are and it’s your first time there and everyone around you looks sketchy.
3)Adoption is still uncertain from a perspective of daily usage in economies. There are very limited places you can buy milk or gas with Bitcoin.
4)It feels like playing roulette or black jack or any other betting game where it’s you vs. the house, where skill does *not* come into play.
because
1)Your correct point about the price being speculative. It’s not a stock where you can do analysis on the strength of the company and decide what you are comfortable paying for it.
2)A lot of the trading essentially requires you to have trust in an exchange that is built by others (some are reputable and trustworthy), but it’s not the same as investing in the stock market or any other financial instrument that is legal. This is high risk, it does feel a little like throwing your money in a basement dog fight or something where you have no idea who the bookies are and it’s your first time there and everyone around you looks sketchy.
3)Adoption is still uncertain from a perspective of daily usage in economies. There are very limited places you can buy milk or gas with Bitcoin.
4)It feels like playing roulette or black jack or any other betting game where it’s you vs. the house, where skill does *not* come into play.
Bitcoin is not gambling at all, it depends on the investors what the used it in. Bitcoin is a digital currency which if you invest in it, you will make huge profit
Bitcoin is not a gamble, but an investment. In gambling there are many risks and investing Bitcoin or any investments that cost money from your own pocket or savings account.
Bitcoin is not a gambling, exchange is but it's a low risk. Because you can lose in trading and it is the same as gambling. i rather to choose trading than gambling. You can easily lose all of you're money in gambling.
So can you guarantee a profit if you buy bitcoin today or can you guarantee a profit for the ones who have bought bitcoin at 20k?
You can't because it's all speculation.
I don't really think that Bitcoin is a gambling thing... I consider Bitcoin to be an investment and not as gambling as what many crypto guys out there are saying. In gambling you will lose all what you have in a blink of an eye but in bitcoin investment it is not the same, it's market value will just fall slowly but it also rises gradually covering up all your loses in the time when it's market value falls.
Bitcoin is not a gambling. It depends on the users perspective who used to invest of it. Bitcoin is a type of digital currency which you can earn big different ways and used it any where you want. Bitcoin is investing your money. It depends on you how to deal with it. And the most important thing, investing in bitcoin is legal.
Bitcoin is not a gambling, exchange is but it's a low risk. Because you can lose in trading and it is the same as gambling. i rather to choose trading than gambling. You can easily lose all of you're money in gambling.
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. But if you invest your money in it, it is gambling. Because we are now talking about money, we invest money in bitcoin. We gamble our money if it will be a profit or a loss in the future.At this point everybody who puts money in it is speculating.
Bitcoin is not a gambling even both are taking the risk to gain profit. Bitcoin is a cryptocurrency and just like money it has many uses such as purchasing, investing and trading. This has been misunderstood and more people have the same thinking that bitcoin is gambling and can easily make better earning.
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. But if you invest your money in it, it is gambling. Because we are now talking about money, we invest money in bitcoin. We gamble our money if it will be a profit or a loss in the future.
Bitcoin is not gambling, Bitcoin is a virtual currency in which available as an economic market. Maybe some people think bitcoin is gambling because people take the risk of investing here as this involves money.
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 instead it is just a currency that has been leading all the pre-existing cryptocurrencies nowadays. The only thing we can say about gambling is it's a way also in earning here in bitcoin wherein it is considered the most risky one knowing that there is a large possibility that you will loose all of your money anytime. Bitcoin is like gambling, you will not always win that's why you should set yourself ready always.
Trading margin without knowledge is worst than gambling, the fact that holding is always profitable makes bitcoin something that is not gambling.
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