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Topic: Bitcoin is not gambling - page 98. (Read 20883 times)

full member
Activity: 185
Merit: 100
September 29, 2017, 06:58:15 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.

People has their own perspectives so they have different ideas about a certain thing. In our perspective, Bitcoin is not a gamble but to their perspective it is a gamble. But is Bitcoin really a gamble? We can identify bitcoin as a gamble depending upon the phenomena. If it is investment, and invested to someone whom you doesn't know, then Bitcoin can be identified as a gamble. If imyou think you're in a right path. Then, it isn't classified as a gamble anymore.
newbie
Activity: 42
Merit: 0
September 29, 2017, 06:54:06 AM
Bitcoin is a decentralised cryptocurrency. I agree with you bitcoin is not gambling some people says it's gambling. They will repent on their statement when they will see price of  bitcoin will touch $6000-$7000. Fluctuation of price is there but it doesn't panic me we know we are in high volatile market but at the end we will earn good profit. When we compare Btc market with forex, forex market is more stable than Btc market. At last I would suggest always have patience to hold your btc. If you have patience  you will definitely make some good profit from Btc.
newbie
Activity: 42
Merit: 0
September 29, 2017, 06:26:00 AM
Investing in Bitcoin can be considered as a type of gambling, like the stock market is... because there's a high risk, bitcoin itself is not gambling, what you do with it can be
Bitcoin trading is the financial game while stock market is calm and it's investing. Learn and work a lot and win in the long run.

Bitcoin - you are the casino and you always win (it's investment). It's deflationary. Invest in it but only you can afford to lose. But be warned, I tell it about hodling and not trading which expectancy is -4% if you trade on pure luck.
Fiat - you are the gambler. It's inflationary. Banks are the casinos and they always wins.

Why you say trading is not good? being a very volatile system there is high margins for gains, if you use derivates there is even more
full member
Activity: 224
Merit: 101
September 29, 2017, 06:14:40 AM
bitcoin is like money, it's a currency but you can gamble with it Smiley
full member
Activity: 476
Merit: 101
September 29, 2017, 06:12:15 AM
it was very usual for someone to assume that bitcoin was the same as gambling,

it is because, like gmabling, after putting your fiat on bitcoin you take risky action in the hope of a desired result.

instead, they should consider Bitcoin as an investment.
full member
Activity: 644
Merit: 113
September 29, 2017, 05:47:58 AM
Bitcoin is not gambling (Period). But the truth is, it is associated with gambling because of the fact of loosing money. Well, your bitcoin may grow or loss depending on how you wisely handle your bitcoins. Bitcoin is just like other currency, it may pump or dump. Volatility is a geature of bitcoin which allow people to see it as gambling, bitcoin may show sudden change with its value. Bitcoin is not gambling, its more like an investment which shows return due time.
full member
Activity: 714
Merit: 100
September 29, 2017, 05:19:43 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.

Every time you join an investment and trading using of any currencies it's just like you are joining an gambling too same as bitcoin because bitcoin is a currency as well. You dont know what is the outcome of every trading and investment if it will going to sucess or going to lose therefore bitcoin is like gambling because it is a currency.
legendary
Activity: 1624
Merit: 2481
September 29, 2017, 05:02:18 AM
Bitcoin is definetly not Gambling.
But the high Risk of "First digital currency" is bring seen as gambling.
BTC does give good profit if you compare this to Rates of 1% Return per year.
Bist it also can Drop that fast.. like "gambling"
full member
Activity: 180
Merit: 100
September 29, 2017, 05:01:26 AM
Depends on how you look at it. What would you think it is gambling? Is it based on chance?
full member
Activity: 322
Merit: 106
September 29, 2017, 04:58:22 AM
because some people don't know what and how BITCOIN works on the internet
I think the people tell that is pertaining to bitcoin like a gambling or what
because it is too risky or somewhat like that .. by investing through the use of
BITCOIN is yess very rsiky and like a gambling where you can be winner or loose all your cryptos and money if you do also
full member
Activity: 560
Merit: 105
September 29, 2017, 04:54:00 AM
yes actually bitcoin is an investment instead of gambling, which causes gambling is someone else who is not responsible has changed the statement, bitcoin just ordinary digital currency we can only get it by buying or looking instead of gambling.
sr. member
Activity: 424
Merit: 250
September 29, 2017, 04:53:07 AM
i think Bitcoin not a gambling because to get Bitcoin need a hard work and patience. Indeed there is who uses Bitcoin for gambling but you cannot say that Bitcoin is a gamble.
full member
Activity: 312
Merit: 109
arcs-chain.com
September 29, 2017, 04:44:50 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.

this is not gambling, it just a decentralized cryptocurrency that can be used in internet. Though, there are many gambling sites that is related about bitcoin but that is not only the process on earning money. There are many types on earning money like investing, ads campaign, and other things.
full member
Activity: 252
Merit: 102
September 29, 2017, 04:36:23 AM
Bitcoin is a gambling as well as good investment for future. The people involve in trading cryptocurrency can say bitcoin is gambling. Whereas the persons investing in bitcoin is not gambling.
sr. member
Activity: 518
Merit: 250
September 29, 2017, 04:34:49 AM
I think bitcoin is not a gambling currency, because so far I use it for various online payment transactions as well as for trade transactions which is certainly very profitable for me and any other users who have the ability to do business in bitcoin.
sr. member
Activity: 438
Merit: 266
September 29, 2017, 04:30:23 AM
Investing in Bitcoin can be considered as a type of gambling, like the stock market is... because there's a high risk, bitcoin itself is not gambling, what you do with it can be
Bitcoin trading is the financial game while stock market is calm and it's investing. Learn and work a lot and win in the long run.

Bitcoin - you are the casino and you always win (it's investment). It's deflationary. Invest in it but only you can afford to lose. But be warned, I tell it about hodling and not trading which expectancy is -4% if you trade on pure luck.
Fiat - you are the gambler. It's inflationary. Banks are the casinos and they always wins.
newbie
Activity: 42
Merit: 0
September 29, 2017, 04:28:59 AM
Investing in Bitcoin can be considered as a type of gambling, like the stock market is... because there's a high risk, bitcoin itself is not gambling, what you do with it can be
full member
Activity: 294
Merit: 101
Streamity Decentralized cryptocurrency exchange
September 29, 2017, 04:26:49 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.
some of games here in bitcoin are gambling like primedice,bistler and stake but not all like in trading,faucet and many campaign always read here in forum to make you so constructive in any posts that you will do that is the key bitcoin,dont angry to me but your post is not good
full member
Activity: 420
Merit: 106
September 29, 2017, 04:22:33 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 itself is not a gambling its an online currency, this currency make our daily transaction much easier and secure.. but if you invest and hold it for a year i think you may call it gambling because the value of bitcoin is not stable for now so you may get your money back or maybe you will lost your money in short period of time..
full member
Activity: 210
Merit: 100
September 29, 2017, 04:10:37 AM
According to me bitcoin is not gambling.You invest your money and  it may either lead to a positive or negative result,this happens in all stock markets the only difference is that the ups and downs in btc are by a big margin thus people like to refer it as gambling which is not at all true.
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