Bitcoin is not gambling - page 87. | Bitcointalksearch.org

Walked_by

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Quote from: magicmeyk on October 05, 2017, 03:26:57 AM

Quote from: alihassan99 on September 27, 2017, 10:43:04 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.

I agree with you, investment and gambling are different but there are gambling games that are using bitcoin.

bitcoins is not gambling because in bitcoins your money is completly in risk and you can not predict your future in gambling but in bitcoins your money is completely safe and there is no risk in bitcoins and you can easely predect yor future in bitcoins.

DimaS1574

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absolutely agree with you that Bitcoin is not gambling, because it is not situationa when you can click two times and be rich. bitcoin demands a lot of time of reseacjing and learning

Delisaara

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first I entered in this forum,indeed I still doubt about it,
but once I know that this is a kind of investment,
then I have no negative thoughts about gambling,
this is not gambling but investment.

green547

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Wwell you can consider every single choice in life gambling. There are always negative and positive outcomes. It's not really a bad thing to call bitcoin a gamble.

Heacygg

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Quote from: SvenBomvolen on October 03, 2017, 02:30:59 AM

I suppose Bitcoin get compared with gambling cause of nobody know now what is going in the end. What is going to be in the final - worldwide banning or 50 000 $ price? No one knows and all of us may only suggest and believe in the positive end, due to all of us here on the forum, are Bitcoin holders.
The same like in gambling you invest your money and time in Bitcoin and waiting for the end of the game with you as the winner, so I think yes, Bitcoin is gambling.

bitcoins are not gambling at all because in gambling you can either win or loose money but in bitcoins your money will be completly safe and its also the easeyest way to earn money and in bitcoins there is not even a single chance of loosing money.

black014

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" SIMPLE BUT HARD WORKER"💪😁

yes bitcoin is not gambling it's depend to a person who got involved to some online gambling using bitcoin. But for me bitcoin carrency is the one source of my income, don't compare it to a gambling, all people in bitcoin world are not desame strategy, their looking for legit site to invest their bitcoin to make their profit more higher.. don't waste your money to the gambling site,You do not always win at the gambling sometimes more often as a loser.

Glorious04

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Quote from: Heyyyrenz on October 04, 2017, 08:29:14 PM

We have different views or perspective when we look at bitcoin or other cryptocurrencies. Maybe they say bitcoin is a gambling but not typically a gambling where you're going to put a bet and you're either gonna win or lose. What they mean is that when you invest to bitcoin there's no assurance that you're going to win (To Earn Profit) and that's why you're going to take risk in investing to bitcoin just like in gambling you don't know if you're gonna win or you're gonna lose right?

So it's not typically a gambling (betting) It's just like a synonym for them.

Exactly like that. Because of this risk they liken it to gambling but in my point of view, it is true it is risky but unlike real gambling is more risky and the pressure is more of losing is more stronger, unlike bitcoin, you invest today, tomorrow maybe a bad price but you can sit down patiently and wait till it punch back again in price. Bitcoin is more exciting than gambling.

DoublerHunter

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Quote from: mharz on October 05, 2017, 06:55:16 AM

Quote from: Lm2e4 on October 05, 2017, 04:34:54 AM

Quote from: alihassan99 on September 27, 2017, 10:43:04 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 not a gambling, maybe the gambling they are talking about are the things we do to earn bitcoin. Like on some campaigns where we risk our time and efforts even if we don't even know if it is going to be successful. That is what I called a gambling. And I believe the real world has this kind of gambling, where we risk on things that we don't even know what will happened. So everything is a gambling I guess, all things we do are all gambling's if it has a risk of being a looser at some point. So bitcoin is not a gambling, it is what we do to be a gambler!

We can't says that bitcoin is not gambling, because for me joining or investing amount into business is like a gambling. Due to there were no assurance that we were lost or win in the business, however sometimes we need to take the risk. Because if we can't take the chance of risk we don't know if we are earn income or lost of capital. To avoid loses just think 10x before make a decision if you can invest or not.

Everything has its own risk and it is really up to us if we are going to take that risk for a better change or not. Bitcoin is not a simple investment because it has a high risk based on its volatility and that makes bitcoin as a gamble but if we gamble with a high potential investment then there is no hesitation that it will become successful in the future.

mharz

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Quote from: Lm2e4 on October 05, 2017, 04:34:54 AM

Quote from: alihassan99 on September 27, 2017, 10:43:04 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 not a gambling, maybe the gambling they are talking about are the things we do to earn bitcoin. Like on some campaigns where we risk our time and efforts even if we don't even know if it is going to be successful. That is what I called a gambling. And I believe the real world has this kind of gambling, where we risk on things that we don't even know what will happened. So everything is a gambling I guess, all things we do are all gambling's if it has a risk of being a looser at some point. So bitcoin is not a gambling, it is what we do to be a gambler!

We can't says that bitcoin is not gambling, because for me joining or investing amount into business is like a gambling. Due to there were no assurance that we were lost or win in the business, however sometimes we need to take the risk. Because if we can't take the chance of risk we don't know if we are earn income or lost of capital. To avoid loses just think 10x before make a decision if you can invest or not.

Smokey Bob

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It depends a lot on how you define gambling. If gambling is defined as staking something of value for the opportunity of winning more, then bitcoin can be considered gambling. However, so can a lot of things. Bitcoin obviously has a probability distribution, and no one can say that there is no risk involved. So for some people bitcoin might be a gambling tool. For others it might be a calculated risk. This is not the intended use of bitcoin, but it is a side effect of its rapid increase in value.

Gloiri

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Bitconi is venture and in the event that you characterize speculation as a betting than it may be. I would pitiful that you can't anticipate how the cost will move and whether on here and now you will free or make benefit, however every venture is associated with chance and that ought to be acknowledged. You simply need to recognize what are you doing ans why are you contributing for, comparable like on securities exchange with the distinction that bitcoin is more productive.

mark15

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Quote from: alihassan99 on September 27, 2017, 10:43:04 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 not gambling because we all know that there is many proofs that saying bitcoin is legit and not a scam. So if there is someone say that bitcoin is a scam, maybe he or she is a newbie, because he/ she didn't know all about bitcoin.

Granxis

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Bitcoin is used in many areas, the most important feature for me is the payment method, but there are a lot of transactions in stock markets and also a very suitable technology for betting.

Vannterson

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There is nothing can be considered as betting, in the event that you are doing exchanging then you are guessing the cost, since you got the information to foresee so it's not a betting and in the event that you are holding Bitcoin to offer it at the perfect time it will the same as venture, so I don't perceive any likeness amongst Bitcoin and betting

terrific

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Quote from: alihassan99 on September 27, 2017, 10:43:04 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's either they are introduced to gambling with bitcoin or they are seeing online casino's and sees bitcoin is the only currency that it accepts. Basically speaking, bitcoin is not just a currency but it's also an investment, I can understand if they'll say that investing to bitcoin is like a gamble but bitcoin isn't literally gambling. Those things are completely different and they should understand that it's not appropriate to compare it.

apumaycry

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depend on you if you know what are you doing its not gambling, but if you dont know what are you doing its called gambling its like investing

xbl1008

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Gambling if you do trading not knowing what will be the outcome or if you have zero knowledge what are you doing. Not when you want to profit surely it will be a long process you need to study many indicators and such patterns to minimize the risk and become a good trader

Johansson6

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Yes it is not gambling because with gambling you have to pay more than you lose and if you lose in bitcoin you only lost what you had invested in it and even from that you can make a profit if you know how, but you can also gamble in a lot of casino's with bitcoin but i don't think that that is an smart decision.

ubay

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I guess bitcoin is not gambling, I think bitcoin is an asset like gold and everything else. the difference is, Bitcoin is a virtual currency that is not regulated by a central bank.

KEPLER99

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Quote from: JohnBitCo on October 02, 2017, 11:19:20 AM

I am agree with your point. Most of peoples are not aware about it. Bitcoins is not a gambling its a digital currency with no fix price its increase and decrease without any warning .So that's why people call them gambling. Lots of people do trading and with so uncertain price up and down, it is sort of a gamble to trade but actually bitcoin is not gambling.

It is not gambling, don’t talk like that it is a kind if digital investment which is giving people benefits on every moment they owe it and one can easily earn through it, if it was gambling governments must be taking some serious action about it.

But they are accepting it and letting it into their country. So think maturely and earn don’t make such statements.

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