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Topic: Bitcoin is not gambling - page 94. (Read 20881 times)

sr. member
Activity: 742
Merit: 250
October 01, 2017, 10:37:39 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.
Actually Bitcoin has nothing to do with gambling, it's just an encrypted electronic money, using open source, blockchain platform, to optimize transactions for everyone. However, when you decide to invest in Bitcoin, then it seems to have turned into gambling. The reason is that Bitcoin never has a stable price, its value fluctuates abnormally fluctuate, you can not make sure that you will be profitable because if Bitcoin price drops you will suffer heavy losses. . But if the price goes up then you will be profitable. This is probably why many people think Bitcoin is gambling Cheesy
full member
Activity: 448
Merit: 110
October 01, 2017, 09:59:58 AM
I agree with you bitcoin is not gambling that is why it is good because you need to pay at gambling but you can earn free with bitcoins and bitcoins makes future and gambling destroys future's.
sr. member
Activity: 623
Merit: 279
Hope & Positivity are keys to Success
October 01, 2017, 09:40:43 AM
Well......


When you buy Bitcoin, you can gain and loose value, by simply holding it, so its it most certainly a investment, but not straight up gambling, as if you simply hold bitcoin, you will always have the bitcoin.

But often you will then go on to buy a Altcoin, which is speculating on a digital token.  Speculating to accumulate more Bitcoin, which in itself is gambling.
There are certain things in Crypto trading you can do to help you take a massive chunk of "Risk" out of the equation.   I have been in Crypto nearly 4 years and been in a lot of groups free and paid, seen many traders come and go and im in the best position ever.

I have to thank a pro trader for his first class services, see my link below, it will change the way you trade and earn Bitcoins forever.
full member
Activity: 266
Merit: 107
October 01, 2017, 09:38:28 AM
truly a decent inquiry, I like a similar inquiry is the reason on the grounds that dilingkuangan. I meeted banya once who asked this to me, I once disclosed bitcoin to a companion deket my home, and he addressed it's betting open, and I answer again this isn't betting bitcoin companions are computerized monetary forms, so here we work searching for coins for instance we join this gathering and we take after the current ico dibountis, so like that companions don't misunderstand any.
sr. member
Activity: 952
Merit: 250
October 01, 2017, 09:38:26 AM
Some people see Bitcoin as gambling, because Bitcoin is a popular monetary token used from online gambling sites. Gamblers love Bitcoin because of its fast, and secure features.

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.
sr. member
Activity: 406
Merit: 250
https://gexcrypto.io
October 01, 2017, 09:38:11 AM
A big YES. Bitcoin is not gambling. It always depends on the person who uses bitcoin. It may be used as a tool for gambling but it is not justifiable that bitcoin is gambling just because some people ises it for gambling.
jr. member
Activity: 50
Merit: 1
October 01, 2017, 09:36:36 AM
Of course its gambling. The only difference is you have the ability to research and think out rationale behind choices to be made in regards to buying and selling. And on top of that, no one can be absolutely certain that Bitcoin isn't just a huge fad/ bubble that'll pop and lose the entirety of its value. And as such it is a "gamble" on anyones part to put real money down on something with this level of uncertainty.
newbie
Activity: 10
Merit: 0
October 01, 2017, 09:34:57 AM
Yes i agree with you bitcoin is not gambling i hope you understand that because nitcoin gives you the chance to earn money for free and gambling only gives you the chance to earn money with money.
copper member
Activity: 840
Merit: 114
October 01, 2017, 09:31:02 AM
yes,bitcoin is not gambling. bitcoin is currency.by using it people can earn money. and they can lead a better life. so i think, bitcoin is not gambling.
I think also so, bitcoin is a digital currency is best in the internet world but not gambling or different bitcoin but same same make money. If the bitcoin we can make money with internet-facing work and gambling we must place bets in order to make money and this is bitcoin payments tool used for the most popular gambling is used because the transaction quick, without knowing the identity of the player as well as a safe.
full member
Activity: 326
Merit: 100
October 01, 2017, 06:57:54 AM
bitcoin is the digital currency. if used for gambling then the law is forbidden just like money if used for gambling then the law is haram too.
full member
Activity: 490
Merit: 100
October 01, 2017, 06:49:37 AM
Bitcoin is a currency of a new generation, not gambling. Many think so perhaps because they can not touch it or are afraid to try something new and consider it too risky.
sr. member
Activity: 756
Merit: 251
October 01, 2017, 03:53:57 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.

I agree that bitcoin is not gambling but its the process on how you grow your bitcoin is the gambling. You bet on an uncertain outcome. Taking a chance to have a higher return. Basically, risking the bitcoin. Bitcoin is the instrument to trade or stake something on a contingency.
full member
Activity: 308
Merit: 100
October 01, 2017, 03:51:48 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.
we have gambling here but not all like campaign,faucet and trading that four is comprised by bitcoin,its not all because we have also mining and bounty campaign and games and round so many topics about bitcoin so better to study all this before you post like this
full member
Activity: 140
Merit: 100
October 01, 2017, 03:47:03 AM
Bitcoin is not gambling but many gambling uses Bitcoin so many consider it's gambling.
full member
Activity: 630
Merit: 102
October 01, 2017, 03:34:27 AM
bitcoin can increase you and us, and possibly become our money in the future. they think it bitcoin is not useful elegantly. bitcoin like your currency can do anything with it, what makes it called gambling is how to get the result from bitcoin. there are ways of gifts, there are ways of trading, there is a way of gambling. so it depends on you how much is still a lot to get bitcoin. who do not know fully about this forum them-they assume the real gambling bitcoin if gamble there must be a chance to lose, but who already many in feel it is a doubled fortune. bitcoin is money online and it is crypto currency, it might be great i would say that bitcoin is not a perjudiaan
hero member
Activity: 1078
Merit: 501
October 01, 2017, 03:04:27 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 crypto-currency it is not a type of gambling, we can just use bitcoin to bet in online gambling games but bitcoin itself is not a gambling, I don't know where do you get that bitcoin is gambling. We use bitcoin to bet, to trade to invest. So we earn it and work hard for it for us to have bitcoin.
sr. member
Activity: 243
Merit: 251
October 01, 2017, 02:54:57 AM
I don't think you can consider bitcoin as gambling. It is a digital currency or commodity that people can invest in.
full member
Activity: 196
Merit: 100
October 01, 2017, 02:43:29 AM
Yes it's not gambling as you can invest it
hero member
Activity: 1273
Merit: 507
October 01, 2017, 02:36:06 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.
Bitcoin is digital currency. You can use bitcoin as gambling money because lot of gambling sites accepts botcoin as currency. Bitcoin is gambling when you hold it because there are some instances that bitcoin will increasr or decrease.
sr. member
Activity: 938
Merit: 256
October 01, 2017, 02:35:23 AM
Bitcoin is money, but it all depends on how you earn money. Investments or trade with bitcoins also carry a risk and can lead to loss of money like gambling.
Well trading without skills is more of a gambling. Bitcoins can be considered as a gambling for those who buy bitcoin as an asset if they don't study the Value graph . Like if they buy bitcoins for $4500 and the prices go down they would the face loss .
The fluctuating value of bitcoins makes it look like gambling.
Yes, bitcoin is actually trading and not gambling. Bitcoins can give you a good profit by holding coins but gambling is instant. Gambling does not actually need a lot time and can make instant decisions giving you profit or loss. Gambling is not predictable and also most of the bitcoiners will insist you to stay far from gambling because gambling will give you more loss the n profit. Gambling has fast money but that fast money can also be prove to be harmful. It is better to invest in altcoins or bitcoins rather than gambling.

I agree with you that investment and trading may be the best solution to get bitcoin, and gambling is very risky to lose because only a lucky factor can be expected from a gambling even more harmful if gambling has become a habit of course this is a bad.
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