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Topic: Bitcoin is not gambling - page 60. (Read 20881 times)

full member
Activity: 644
Merit: 100
November 11, 2017, 09:05:25 PM
bitcoin is not gambling, people who do not understand may think that bitcoin is gambling. bitcoin is the same as other investment commodities such as gold, share certificates and forex which have the theory of demand and inventory of the movement of price can be known by doing analysis of market action and the amount of supplies that will make prices corrected up and down this momentum can be used to take advantage as much as possible that we can get.
newbie
Activity: 53
Merit: 0
November 11, 2017, 08:55:24 PM
I think bitcoin is not a gambling, but some people think that it is gambling, because they dont know what bitcoin is , they think that bitcoin is one of the gumblinh site,  because they dont have any idea, what is it.
newbie
Activity: 3
Merit: 0
November 11, 2017, 08:39:25 PM
Yes your right, bitcoin isn't betting it's a part of expense due to there being up and down like in the stock market you didn't know when the price go down or up successful or unsuccessful. And many people i believe did not understand what bitcoin is thats why he/she think its a gambling. As well as for me bitcoin is really a digital forex or money that created online an email psychic reading bitcoin first should get is web so its not gambling thats my opinion.
newbie
Activity: 1
Merit: 0
November 10, 2017, 01:10:58 AM
Why would anybody believe that Bitcoin is betting? You are able to evaluate Bitcoin to some normal currency. Is swapping your money to a different currency regarded as gambling? Absolutely not! For me, investing in cryptocurrencies is a long term investment with a small risk if you know what you are doing. If we regarded as Bitcoin as betting then stock markets should also be.
hero member
Activity: 994
Merit: 544
November 09, 2017, 07:02:12 AM
Most of the people state bitcoin is like gambling because ones when you enter trading business, its like a theory of gambling wherein you may lose or win such an instance you invest alt coins and at the end of the day your alt-coins fluctuates going down. this means you was'nt find profit then you lose.

And that theory is the same with investing on stocks because it is not guarantee that it will or you will earn.  Because just like what you said, it seems like gambling because you could lose or gain.  But looking back on the bitcoin price, there are downs but majority of it and comparing the price before, it is good to invest in bitcoin.  My special someone told me that I taught him to become a gambler after telling him to invest on bitcoin.  As he do not know whether his money invested on it will gain profit or will lose his stake.
full member
Activity: 994
Merit: 105
November 09, 2017, 06:58:17 AM
I believe bitcoin is not a gambling. It's a currency where we can earn profit.
It's price tag is based on we general users of Bitcoin like the demand and supply.
There are few ponzi and Sammy sites do gambling also runs for few months and shut down.
member
Activity: 102
Merit: 10
November 09, 2017, 06:54:55 AM
i do not know why people say it is gambling,Bitcoim is a currency, you'll invest the mony here ,you get some profit from the money, which we get from the bank. it can not be said to be gambling.
member
Activity: 196
Merit: 10
November 09, 2017, 06:47:06 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 its not gamling because they are help people to success and they also have a good membership to us and we dont say that they are gambling
hero member
Activity: 3080
Merit: 603
November 09, 2017, 06:44:01 AM
To those people that are saying that bitcoin is a gambling, maybe they are trying to say that bitcoin is a risky thing. We do know that gambling do is one of the riskiest investment, however the belief that it is an investment is also something wrong but how it goes nowadays. And the gamble in a way that bitcoin is something that isn't accepted worldwide or there are just people that are thinking that way. But well, bitcoin is used for gambling and will be volatile all the time.

Well thats misconception about bitcoin to be compared to gambling,  because investing with it isn't the same ways how gambling works like betting in short time but win or lose right aways and you can't even revover that losses. Eventhough its used for gambling but maybe that's the ony strategies of other people who wanted fast profit but also quick losses when they failed to win. The volatility of bitcoin is not the reason it's compared to gambling, that was just their impressions.

People have been thinking that way and that's the reason why they are calling bitcoin is a gambling but in reality it is not. Bitcoin is money and that's very easy to understand and money is being used for anything that we can avail from purchasing goods to services and that's how gambling works. We are buying some tokens or chips from them in return to have fun and use their service while having some chance of winning.
full member
Activity: 602
Merit: 100
November 09, 2017, 03:06:14 AM
It depends how you understand and use bitcoin.By defintion itself Bitcoin is a worldwide cryptocurrency and digital payment system and can also be held as an investment.When you invest it means their is a risk of losing some.Gambling define as to risk losing (something valuable or important) in order to do or achieve something so for me bitcoin is a gambling.
legendary
Activity: 2492
Merit: 1232
November 09, 2017, 03:01:14 AM
I don't think so if bitcoin is gambling may be they say gabling when you invest and theres a risky in investing then they say gambling because of the high gained back. But actually that's not a gambling a gambled like. Bitcoin give us profitable way and also give us another source of income, it also used us for the better future.
member
Activity: 308
Merit: 10
November 09, 2017, 02:53:44 AM
Bitcoin is a form of professional investment, certainly not gambling. Bitcoin is gradually being recognized around the world as a traditional form of alternative currency exchange. Investing in bitcoin is like investing in your future.
full member
Activity: 434
Merit: 100
November 09, 2017, 02:45:36 AM
It is an online job that offers Bitcoins that you can exchange into money that you can spend. Bitcoin is not gambling Bitcoin is one of the easiest way to earn money all you have to do is to work hard.
member
Activity: 150
Merit: 10
November 09, 2017, 02:43:23 AM
Short-term investment bitcoin, and hope to make money through bitcoin price fluctuations, is gambling. If you are optimistic about bitcoin's technology and value, long-term investment choice, then it is not gambling.Smiley
legendary
Activity: 2506
Merit: 1394
November 09, 2017, 02:19:32 AM
We have same situation, I encountered some people who telling bitcoin is just for gambling or for hackers. They don't know what bitcoin is. They just talk and talk negative words.
legendary
Activity: 1148
Merit: 1048
November 09, 2017, 01:58:31 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.

Thats only really examining bitcoin in a vacuum. no, bitcoin investment in itself is not gambling, if you dont speculate. but compared to pretty much every other traditional asset, yes this is pretty much throwing your money to the wind risk wise. most folks wouldnt have the balls to go all in with dynastic amounts of wealth. yes, the return have been there in the past, and seem posed to continue delivering, but what if they dont?

would you really risk the money earned over generations, on a technology that is barely ten years old? when there have been assets classes with less return, but infinitely more security?
sr. member
Activity: 699
Merit: 438
November 09, 2017, 12:51:10 AM
Bitcoin is a new form of online business, and it's also a one of the easy way on how to earn a lot of my by just investing in Bitcoin.
full member
Activity: 336
Merit: 100
November 08, 2017, 11:32:43 PM
Most of the people state bitcoin is like gambling because ones when you enter trading business, its like a theory of gambling wherein you may lose or win such an instance you invest alt coins and at the end of the day your alt-coins fluctuates going down. this means you was'nt find profit then you lose.
sr. member
Activity: 392
Merit: 250
November 08, 2017, 11:27:40 PM
probably because of the large number of people who use bitcoin for gambling, so the opinion of the future will lead to a statement that bitcoin is a gamble.
newbie
Activity: 2
Merit: 0
November 08, 2017, 11:07:55 PM
who said that bitcoin is gambling. It's a forex, an electronic forex. We give our essential time for you to this, we take risk by investing there,following all this just how can be it is a gambling. Truly sily talk!
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