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Topic: Bitcoin is not gambling - page 4. (Read 20881 times)

member
Activity: 252
Merit: 17
February 16, 2018, 11:03:55 AM
there may sometimes be some assessing the bitcoin gambling, but if they learn in detail, many of the benefits derived from bitcoin. all of that will feel the same if you really understand the vision and mission bitcoin.
newbie
Activity: 98
Merit: 0
February 16, 2018, 11:01:18 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, I agree with you. Investing in bitcoin is not a gamble. Investing in bitcoin is a long process, and you need to spend enough time and patience to make a good profit.
legendary
Activity: 1106
Merit: 1001
The Decentralized TCP/IP Internet Protocol
February 16, 2018, 10:42:57 AM
Btc is different  with gambling. You to do btc as business
 You just invest small money you can get a big profit. If you are not lucky to do gambling, you can lost big money.
Why do you not think Bitcoin also make you lose big amount? Do you think Bitcoin just a tool to creates profit for those who bought it? If this asset exist on the world, I do not think the world's economy is still normal in that time, because it has a biggest problem to running, lol! Grin
newbie
Activity: 61
Merit: 0
February 13, 2018, 01:00:24 PM
It depends on what you do with your Bitcoin. If you buy it and just hold it (hoping for the price to climb) then you are in fact gambling or betting on a price increase. Many people that bought in Dec or Jan are currently losing that bet. However, if you for instance trade (buy and sell over and over for noobs) Bitcoin then you are strategically making money with your Bitcoin. If you sell for more then what you paid... there is no gamble (other then the price dropping after you buy of course). That's what stop loss is for but that's another thread.
newbie
Activity: 102
Merit: 0
February 13, 2018, 12:53:19 PM
I'm sure that Bitcoin is not Gambling. Its a money. if you bet that is called gambling that you can do with any type of money we are owning
member
Activity: 719
Merit: 10
ORBIS PLATFORM
February 13, 2018, 12:15:37 PM
Indeed you are right bitcoin not gambling but investing and investing, haya people who do not know it say bitcoin is gambling.
newbie
Activity: 97
Merit: 0
February 13, 2018, 12:05:44 PM
Bitcoin I think crypto currency is dedicated to investment. although the price is always unstable does not mean it is gambling.
newbie
Activity: 70
Merit: 0
February 13, 2018, 12:01:04 PM
a little bit is. when you sell your house and all your belongings, you gamble with the 1% chance of losing it all
newbie
Activity: 126
Merit: 0
February 13, 2018, 11:59:55 AM
Btc is different  with gambling. You to do btc as business
 You just invest small money you can get a big profit. If you are not lucky to do gambling, you can lost big money.
newbie
Activity: 22
Merit: 0
February 13, 2018, 11:59:08 AM
Bitcoin is a very valuable crypto currency. Bitcoin is investment and if you define investment as a gambling than it is. Bitcoin technological progress can not be reclassified.

very true, it is hard to see bitcoin as gambling, because there is no element in it. this is the development of technology, if bitcoin is considered gambling means our thinking is still ancient. this is an investment of the times

I know it's not gambling and I act responsible in day trading and altcoin trading. I never take excessive risk and I protect my budget by the way. This is the way of surviving on crypto markets now.
hero member
Activity: 896
Merit: 500
February 13, 2018, 11:58:34 AM
True, bitcoin is not gambling but a high risk investment, if you are ready to make bitcoin as an investment then be prepared with risk, maybe with the risks invest bitcoin makes people say like gambling.
member
Activity: 231
Merit: 10
February 13, 2018, 11:24:08 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, but investing is. Investing your money and converting it to bitcoin is a gamble cause you risk your money in investing in a volatile currency. There's a chance of winning and losing so basically it's gambling.
newbie
Activity: 33
Merit: 0
February 13, 2018, 11:19:39 AM
Well, I think that this is just gambling
You invested money and wait while bitcoin grows or falls
And here luck is 50%
newbie
Activity: 40
Merit: 0
February 13, 2018, 11:17:14 AM
BTCitcoin is not gambling. Bitcoin is a currency and it is safe investment of your money.
sr. member
Activity: 1330
Merit: 256
February 13, 2018, 10:34:53 AM
Bitcoin is a very valuable crypto currency. Bitcoin is investment and if you define investment as a gambling than it is. Bitcoin technological progress can not be reclassified.

very true, it is hard to see bitcoin as gambling, because there is no element in it. this is the development of technology, if bitcoin is considered gambling means our thinking is still ancient. this is an investment of the times
jr. member
Activity: 34
Merit: 10
February 13, 2018, 10:30:59 AM
Bitcoin is a very valuable crypto currency. Bitcoin is investment and if you define investment as a gambling than it is. Bitcoin technological progress can not be reclassified.
jr. member
Activity: 168
Merit: 2
February 13, 2018, 09:38:27 AM
Well, Bitcoin is *not* gambling. Its clear as day, its digital currency that will reshaping a new world.
Its new technology, people still look at the potential out of it. Therefore, you've heard a lot of speculation about it.
It same with internet in the early 90, we dont know yet what we can do with that for the sake of humanity. But once the Bitcoin technology and adoption are mature enough, you will smile to yourself Wink
Trust Bitcoin!

hero member
Activity: 1344
Merit: 502
February 13, 2018, 09:37:49 AM
I would not say bitcoin is an gambling personally,
It all depends on how you use your bitcoins, the
purpose of bitcoin is to invest for the future to get
more profit on your investment.
member
Activity: 126
Merit: 10
DOGE:DDvXm3ZkXSFeZF9YVaTWGNyBZzfwVf8nnh
February 13, 2018, 09:33:23 AM
Day-trading though is a form of gambling, be it stock or cryptos. Just like with casino or online gambling, there are ways to control your risk and increase your odds of making a NET profit.
But its still gambling.

Investment though is different. If you have done lengthy research into a particular crypto, and decide to buy in to hold for the long term because you believe in its potential to grow, then that is investment.
member
Activity: 157
Merit: 10
February 13, 2018, 09:29:31 AM
Bitcoin is not gambling. You devote most of the time engaging in bitcoin.. Yes bitcoin uses money for investing only and not in gambling.. More time faster internet and patience are your capitals for bitcoin.
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