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Topic: Bitcoin is not gambling - page 8. (Read 20840 times)

member
Activity: 117
Merit: 19
February 07, 2018, 05:05:21 AM
I think bitcoin is essentially a tokens (financial instruments), with the "anti-government" characteristics, bitcoin is also an investment that can bring you extra income, gambling without these two characteristics, gambling rely on luck.
member
Activity: 107
Merit: 10
Bystander that oversees everything that's happeng
February 07, 2018, 04:57:27 AM
the bitcoin itself is not a gambling. but your action toward it can lead you to a gambling situation. just for example when bitcoin is on its peak and you put all your assets into bitcoin without knowing the risk because you were blind by those sweet words of your friends and because you wanted an easy huge profit
newbie
Activity: 39
Merit: 0
February 07, 2018, 04:48:30 AM
Many say that bitcoin is a gamble. If in terms of trading may be said bitcoin is gambling because there are a thing profit and loss of a fortune and downturn. But, all assets used as investments and assets are used in a trading then bitcoin cannot be said as gambling because the asset has a price and in trading, the price will increase and decrease.
Yes, the nature of investing Bitcoin is different from that of gambling. It is market-analytical, and Bitcoin investing is technical and not purely gambling.
newbie
Activity: 154
Merit: 0
February 06, 2018, 04:38:55 PM
Bitcoin is not gambling because it's cryptocurrency. Just try to skip people who talking bullshit like this because you can't explain to an idiot that he is idiot.
member
Activity: 127
Merit: 10
February 06, 2018, 04:21:06 PM
Many say that bitcoin is a gamble. If in terms of trading may be said bitcoin is gambling because there are a thing profit and loss of a fortune and downturn. But, all assets used as investments and assets are used in a trading then bitcoin cannot be said as gambling because the asset has a price and in trading, the price will increase and decrease.

It's not gambling for sure but some people think it has no different than gambling because the price is not predictable. For me, it's clearly different than the gambling and casino games.
newbie
Activity: 14
Merit: 0
February 06, 2018, 04:18:30 PM
It depends if you are investing because you believe in the technology or if you are only looking to make a quick buck based purely on speculation which is essentially gambling.
newbie
Activity: 39
Merit: 0
February 06, 2018, 04:15:00 PM
i think most of people think bitcoin is gambling because they didn't understand the technology behind it
legendary
Activity: 1596
Merit: 1034
February 06, 2018, 04:07:06 PM
Many say that bitcoin is a gamble. If in terms of trading may be said bitcoin is gambling because there are a thing profit and loss of a fortune and downturn. But, all assets used as investments and assets are used in a trading then bitcoin cannot be said as gambling because the asset has a price and in trading, the price will increase and decrease.
full member
Activity: 257
Merit: 101
February 06, 2018, 08:40:47 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.
For me,bitcoin is not a gambling but it depends also in you or in other user on how will they take bitcoin,it is a job or source of income or gambling.Bitcoin is just a simply investment company that offers instant income just in easiest and simplest way of working.I suggest to all people that before they'll start here in bitcoin they must read some threads for they to be knowledgable.
full member
Activity: 230
Merit: 108
February 06, 2018, 07:07:52 AM
yes the company and management of bitcoin is not a gambling business. They are legit investment company which offers instant income without working hard for it.
They provide a good life to every individual so they can achieve all dreams they have.
member
Activity: 224
Merit: 10
The Experience Layer of the Decentralized Internet
February 05, 2018, 11:00:13 AM
For some people who believe in bitcoin, bitcoin is a belief, and bitcoin is the technology of the future.

But now many of those who have taken bitcoin as a gambling tool are only interested in the rise or fall of bitcoin.
member
Activity: 132
Merit: 10
February 05, 2018, 10:59:22 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.
I agree with you. Bitcoin is not gambling. Because it can be long term. You must learn and read the news to get the most information so as to make the right decision to start investing into bitcoin. Similarly, if you want to buy a house, you must collect the information as much as possible and have a vision for long term in accordance with the plan. This is about Bitcoin.
hero member
Activity: 994
Merit: 544
February 05, 2018, 10:58:31 AM
In one way or another i never see gambling on bitcoin. How it can be gambling were you only post, read an understand what you are doing here. Also invest if you want, and investing is business, so no gambling involved olin bitcoin

Well actually there is gambling with bitcoin.  There is a betting site where you will bet on a team using bitcoin.  Then if you win its value will double.  And there are many sites using bitcoin.  Well others might think also and feel that bitcoin is like a gambling.  It is because there is a risk involve.  My special someone told me that it is as if he was gambling when he bought bitcoin.
member
Activity: 602
Merit: 10
February 05, 2018, 10:51:44 AM
In one way or another i never see gambling on bitcoin. How it can be gambling were you only post, read an understand what you are doing here. Also invest if you want, and investing is business, so no gambling involved olin bitcoin
jr. member
Activity: 52
Merit: 2
February 05, 2018, 10:51:35 AM
Why is it gambling: Anyone has no idea when the prices will rise or drop. Prices have reduced by 30% or so in single day without any solid reason. However, only difference here I see is that if you wait for 7-8 months after investing, profit is guaranteed based  on past performance.
member
Activity: 173
Merit: 10
February 05, 2018, 10:50:49 AM
I think Bitcoin is not a gambling because in Bitcoin if you want to invest, you have a sure money. While in gambling nothing will say if you win or lose, it is in the process of gambling.
copper member
Activity: 588
Merit: 17
February 05, 2018, 10:43:56 AM
"Life is a dream for the wise, a game for the fool, a comedy for the rich, a tragedy for the poor."
Amazing, how Sholom Aleichem could know about the Crypto 100 years ago. Roll Eyes
member
Activity: 308
Merit: 11
February 05, 2018, 10:36:53 AM
Bitcoin is no more gambling than the stock market, except that with bitcoin you haven't got greedy fat cat bankers and wideboys rigging the markets so they can get there bonuses.
hero member
Activity: 1344
Merit: 502
February 05, 2018, 10:27:37 AM
No I would not say bitcoin is gambling, what I would say is
bitcoin would be a huge risk when it comes to investment,
you can lose your money value if price goes down or it could
be profitable if the price value of bitcoin goes up.
member
Activity: 196
Merit: 10
February 05, 2018, 09:27:58 AM
When you invest money in buying bitcoin  you can't know what its price will  be tomorrow so you dont know if you are going to lose or win. But bitcoin is not gambling because we spend a lot of time hard working to earn bitcoin.
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