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Topic: Bitcoin is not gambling - page 84. (Read 20881 times)

newbie
Activity: 7
Merit: 0
October 09, 2017, 10:21:47 AM
Surely more like investing than gambling. Must be honest I've never thought of it as gambling
sr. member
Activity: 1316
Merit: 356
October 09, 2017, 10:18:44 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.
According to my own analysis, converting money is called trading. Trading is different from gambling because trading is just buying but we know it risky but no bad on it, but in gambling it is like playing games or compete for chance to earn money.
full member
Activity: 322
Merit: 100
October 09, 2017, 10:16:04 AM
It really changes how you see this game. Are you investing your money to grow it with controlling risks or are you trying to make money faster like betting a soccer game. if you choose the first one, you'll be happier according to the statistics.
full member
Activity: 438
Merit: 104
October 09, 2017, 10:11:39 AM

Yes you are right. Bitcoin is not a gamble. It is a technology whose integration now occurs in all layers and industries of the world. Just this few people understand and notices. With passion bitcoin can only compare traders, losers, that they tried once and they did not succeed. In this market, other tools work and it needs to be understood.
Gambling Is bit different bitcoin is clear as crystal, there is no such type of thing that one will lost at all crypto is working on decentralization and those who are jealous to it says that it is gambling, pump and dumps are the major sources to buy and gain profit so don’t think like this invest without hesitation and earn with loyalty.
member
Activity: 168
Merit: 14
October 09, 2017, 06:39:04 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.

Gambling word for bitcoin is not really that you play in casinos or stuff like that,for my opinion bitcoin  is like gambling only with a sure profit, but you'll never know what exact profit you will get.
full member
Activity: 1484
Merit: 101
October 09, 2017, 06:29:31 AM
Gambling or what his name is to me is no problem, all investments are certainly gambling because there is never any guarantee for profit so we will assume gambling.
hero member
Activity: 1750
Merit: 904
October 09, 2017, 05:46:29 AM
I will have to disagree, investing in Bitcoin is gambling, no matter if you are holding or trading, it's very similar, or even identical, to the stock market. People often trade or even hold their shares, just like Bitcoin. Both investments are a form of gambling.

The word gambling doesn't necessarily mean going to a casino and playing the roulette, it's a word which involves risk and money making potential.
full member
Activity: 182
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
October 09, 2017, 03:37:22 AM
Bitcoin is very different from gambling. Yes it can be used for gambling and casinos but that does nit mean that it is already gambling. Bitcoin is a form of investment wherein the price accumulates or depreciates and it is similar to stock exchange.
member
Activity: 230
Merit: 22
Staker.network - POS Smart Contract ETH Token
October 09, 2017, 01:25:38 AM
For me it is not gambling,  it is investment.
For other people they refer to it as gambling since you you can either double your money or lose all of it in an instant.  But if you know what you are doing then it is truely an investment.
member
Activity: 66
Merit: 10
October 09, 2017, 01:25:16 AM
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.
full member
Activity: 448
Merit: 100
Lets Go Adab
October 09, 2017, 01:17:54 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.

There are a lot of bounty campaigns that is running out there so i do not think that bitcoin is gambling. There is also a gambling websites that focuses on betting your bitcoins and if you were super lucky then you can be rich within just one day.
hero member
Activity: 1708
Merit: 541
October 09, 2017, 01:13:09 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 not gambling. Bitcoin is a decentralized cryptocurrency :p

Investing in Bitcoin, however, is risky, just like any other investment in this world. Perhaps that risk is why some people (uneducated people I must say) assimilate Bitcoin with gambling. I guess they would say investing in gold is also a gambling. Investing and gambling, although both contain risk, is very different. Gambling is playing with your money and based on pure luck. There is no analysis on it. While investment, on the other hand, requires analysis about the instrument future potential, legitimacy, etc. People who blindly invest in something is the same as gambling I would say.
full member
Activity: 242
Merit: 100
October 09, 2017, 01:03:58 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.
Do you have the excitement to earn more when you see the growth of the currency, or to sell when you fall in anticipation of money for further investment? Everything is the same as in casinos and methods. The main thing is to get out in time.
full member
Activity: 224
Merit: 101
October 09, 2017, 12:52:40 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.
yup i agree bitcoin is not a gambling, it depend how your use your bitcoin, when you trading with no research and hope the price up, it's called gambling, but when you do research and analisys it's called trading. Simple Right Wink
sr. member
Activity: 742
Merit: 253
October 09, 2017, 12:48:30 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.
this happens because some parties use bitcoin as a gambling aid, and some introduce bitcoin through gambling, and that's what causes bitcoin identical to gambling, when the function of bitcoin is misused and it goes massively
full member
Activity: 434
Merit: 168
October 09, 2017, 12:38:43 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 bitcoin is not a gambling unless if you join in some gambling in bitcoin , actually bitcoin is profitable for all people becuase it can help to all people like me to buy anything and to pay my debts and bills so bitcoin is a good opportunity to us to earn money in the future.
sr. member
Activity: 742
Merit: 255
CryptoTalk.Org - Get Paid for every Post!
October 09, 2017, 12:05:50 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 crypto currency or bitcoin is definitely not a some sort of illegal doings or gambling. It is some sort of earning extra income and investing money. It is another way to earn by means of investing your money, not only money but time and effort also. I do not see any crime or illegal doing it bitcoin. In fact I suggest that our government support it.

Bitcoin is not a gambling it a digital currency it price change every day. So you will check the prices every day for the sell or buy the bitcoin it mikes give more opportunity for the business analing bitcoin is now legal. So it will use the bitcoin easy way for the get more profit. Bitcoin is improve your future and you will save the bitcoin and it's like more money and you will invest the business etc....
full member
Activity: 445
Merit: 100
October 08, 2017, 05:18:04 PM
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 crypto currency or bitcoin is definitely not a some sort of illegal doings or gambling. It is some sort of earning extra income and investing money. It is another way to earn by means of investing your money, not only money but time and effort also. I do not see any crime or illegal doing it bitcoin. In fact I suggest that our government support it.
hero member
Activity: 1139
Merit: 500
October 08, 2017, 04:08:52 PM
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.
You cannot invest without risks. And investing is somewhat similar to gambling. What keeps them different from each is that gambling brings out addiction to the person. May be people see bitcoins is a form of gambling because you invest a high amount. But what is important is that you should be cautious to your decisions. Gambling have generally low chances of winning, unlike the value of bitcoins which flactuating but you can still predict what will happen.
Do you think trade on the cryptocurrency market not make you addicted to it? No, even it can be like gambling and will make you never forget it. The profitability of the crypto market really high and after a long time you can not make more profits, you will have many wrong decision because you are hurry up and want to succeed fast.
well for me bitcoin is only an opportunity or.maybe an investment that give us hope . It is not gambling although we have risk on making money with it but it is all in terms of investing or trading and it is your own choice if you gamble with bitcoin. I think gambling is a choice or an option and we can use bitcoin for that but if we are going to say that bitcoin is gambling i think it is not nescesary.
legendary
Activity: 1106
Merit: 1001
The Decentralized TCP/IP Internet Protocol
October 08, 2017, 03:58:33 PM
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.
You cannot invest without risks. And investing is somewhat similar to gambling. What keeps them different from each is that gambling brings out addiction to the person. May be people see bitcoins is a form of gambling because you invest a high amount. But what is important is that you should be cautious to your decisions. Gambling have generally low chances of winning, unlike the value of bitcoins which flactuating but you can still predict what will happen.
Do you think trade on the cryptocurrency market not make you addicted to it? No, even it can be like gambling and will make you never forget it. The profitability of the crypto market really high and after a long time you can not make more profits, you will have many wrong decision because you are hurry up and want to succeed fast.
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