Bitcoin is not gambling - page 59. | Bitcointalksearch.org

Andre#

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Quote from: Imperalta09 on November 12, 2017, 08:30:28 AM

Quote from: Phil419She on September 27, 2017, 09:47:00 AM

Quote from: alihassan99 on September 27, 2017, 09:43:04 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. You cant say money is gambling itself. But if you invest your money and convert it into bitcoin, now it is gambling. Because you take a risk investing your money to a volatile currency hoping it would rise up in the coming days, but you know it might also drop. There is still win or lose in it, so basically its still gambling. The process is gambling, not bitcoin itself.

That's right, Bitcoin itself is not a gambling it's a currency to be and is used. But we got to admit that almost all bitcoin related industry is a gambling from trading, investing and gambling itself and other forms of bitcoin transaction. But comparing to gambling investing and trading bitcoin is different, well it is really considered a gamble because of the risk it has but in bitcoin it has high chances of payout just need the right knowledge and experience and cyrptocurrency.

A trader can become a gambler and reverse, a gambler can also become a trader if they calculate their profits, loss careful.
As your said, Bitcoin is really a gamble because nothing can increases the value fastly and reaches to high price as Bitcoin at now.
Old bubble in the past can not compare to Bitcoin growth.

Rangga27

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Someone use bitcoin and other currency to gambling, so much website bitcoin gambling

valentine401

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Everyone has different perspective about bitcoins and maybe some of us look at it as a gambling. Maybe if they are going to give a clear explanation or a seminar to those person who really do not understand about bitcoin then it will be clear to everyone.

Johnzky

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Bitcoin is a currency and a part of growing crypto currencies.gambling is one means of investing to earn.and just like all the alts here.bitcoin is convertible to physical money.hope thats enough to say bitcoin wasnt gambling

Imperalta09

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Quote from: Phil419She on September 27, 2017, 09:47:00 AM

Quote from: alihassan99 on September 27, 2017, 09:43:04 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. You cant say money is gambling itself. But if you invest your money and convert it into bitcoin, now it is gambling. Because you take a risk investing your money to a volatile currency hoping it would rise up in the coming days, but you know it might also drop. There is still win or lose in it, so basically its still gambling. The process is gambling, not bitcoin itself.

That's right, Bitcoin itself is not a gambling it's a currency to be and is used. But we got to admit that almost all bitcoin related industry is a gambling from trading, investing and gambling itself and other forms of bitcoin transaction. But comparing to gambling investing and trading bitcoin is different, well it is really considered a gamble because of the risk it has but in bitcoin it has high chances of payout just need the right knowledge and experience and cyrptocurrency.

DoublerHunter

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Quote from: Scavagers on November 12, 2017, 06:26:11 AM

Quote from: alihassan99 on September 27, 2017, 09:43:04 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 it's true, bitcoin is not a gambling that you take a lot of risk by playing it because you are investing your money. I know there are some gambling sites that you can use your bitcoin to play but you cannot still considered bitcoin as gambling.

Bitcoin is not a gambling because it has its own risk and system that the gambling doesn't have. Gambling is when you are risking your money into a game that doesn't have any assurance. Bitcoin is risky but it has still assurance that in the future, it might be a very mainstream currency and become one of the most popular way of transacting money through the internet.

emanbea1234

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This lead to the misunderstanding and people started to think that bitcoin is gambling. In one term it has gambling as well bitcoin gets related, both has the highest risk in it.

bristlefront

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Bitcoin is used in gambling but not gambling itself. Bitcoin is currency and also an asset and let the misinformed person to be informed well about bitcoin. People will keep saying bad things about it until they know what it really is.

Scavagers

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Quote from: alihassan99 on September 27, 2017, 09:43:04 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 it's true, bitcoin is not a gambling that you take a lot of risk by playing it because you are investing your money. I know there are some gambling sites that you can use your bitcoin to play but you cannot still considered bitcoin as gambling.

mikaeltomcruz12

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Absolutely not, It is digital currency that you can invest your money and time others think this is gambling i think because of the unstable price of this. They think it is risky to invest on this because of that reason.

Xember

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Quote from: alihassan99 on September 27, 2017, 09:43:04 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.

It is most certainly not. In gambling, we place our bets and we hope that luck will favor us because there is a probability that we lose or we win. These characteristics of gambling have no similarity to bitcoin at all. Although, we can use bitcoin to gamble, still bitcoin itself is not gambling.

poisonivy77

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Quote from: alihassan99 on September 27, 2017, 09:43:04 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.

in some way it think of bitcoin as a form of gambling where you invest with the expectation to earn more than what you have invested, in other side you could have lost by having your investment as a down profit.

Chachacoin17

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Quote from: webdevmastery on November 12, 2017, 05:25:43 AM

There are different way's on how to earn bitcoins but bitcoins itself is not gambling. There are two concepts of earning bitcoins which is trading and gambling and that is the right way on how you are going to look on bitcoins.

well bitcoin is not really a gambling it is an investment .gambling is an act of a person who want a big money in a shorter way that is why they do gambling even if they will end up to losing.while bitcoin is an instrument that can make us profitable if we do buy and selling.in the status of the bitcoin most convenience price then hold and wait for the price of bitcoin to rise up higher than today.although bitcoin is almost the same as gambling because it needs also luck to gain sometimes but we cant really called it as gambling because they are difference.

BlackRacerX

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Quote from: alihassan99 on September 27, 2017, 09:43:04 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.

Bitcoins aren't even close to be calling it gambling. However, investing in bitcoins is the true gamble here. You have to always speculate, analyze, and intelligently guess every move you will be making. Because one right decision or mistake can put the value or quantity of your bitcoins to jeopardy. Every investment that ever existed is and always will be a gamble.

webdevmastery

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There are different way's on how to earn bitcoins but bitcoins itself is not gambling. There are two concepts of earning bitcoins which is trading and gambling and that is the right way on how you are going to look on bitcoins.

dekafee79

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Quote from: alihassan99 on September 27, 2017, 09:43:04 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 think so. its investment. and true invenstment

Bayuanggara

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bitcoin is not gambling. bitcoin is the same as the currency. the difference is not owned by a country.

b_parin

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Quote from: alihassan99 on September 27, 2017, 09:43:04 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 a currency. We can call bitcoin a gambling once we convert our real money into bitcoin just for the sake of hoping it will rise in the future.
So it is a gamble because you will never know when will the price drops or when will the price rise.

emmanborromeo67

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for me gambling isn't only about games where you bet your money but could be everything where we risk something to be able to earn or have more of it.

Tadhana23

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VIVA CROWDFUND HOMES

Yes the bitcoin is not a gambling' Bitcoin its a kind of criptocurrencies using in the internet like digital money to pay the bills,bank transaction or grocceries.. But if you have a bitcoin you can gambling too, its depend on you if you like.

Topic: Bitcoin is not gambling - page 59. (Read 20881 times)