Sorry to say, but OP, you've got such a porrige in your head. You compare two totally different things, and add ingredients like gambling age and investment...
At first, why you think gambling is leading? Because we have gambling signatures all around the forum? Because you see more gambling ads around? Because the number of gambling casinos grow? Go to any vehicle related forum and you see that only few knows what is crypto, and a dozen gambles, but thousands talk about which oil brand to use. Whole question is strange. You compare emotions with technology? I can ask you the same, "why laughing has more fans than rain?"
I dont know why Bitcoin is less popular than gambling. Maybe if we think that gambling is sort of a sin or evil is much older, it can get more attention, than a technology that has appeared 10-15 years ago?
Topic: Why is Gamble gaining more fans than Bitcoin? - page 9. (Read 1343 times)
Both are already popular in their niche, gambling in entertainment portals and Bitcoin in investment and innovation technology industries both are gaining more followers is just so happens that gambling is with us since time immemorial and almost all people from this world have gambled or will gamble, there are countries where gambling is accepted and regulated but Bitcoin is banned, and there are countries where Bitcoin and the same time gambling is popular.
Another one is the industry they belong, there are more gamblers now than Bitcoin investors.
Here in our place, many do not know Bitcoin yet but almost everyone bets daily or bets once a week.
Another one is the industry they belong, there are more gamblers now than Bitcoin investors.
Here in our place, many do not know Bitcoin yet but almost everyone bets daily or bets once a week.
In the world to day gambling is leading instead of BitcoinBTC (crypto currency) and more are still wanting to join gambling because the minimum age to gamble is 18+ and lot of upcomings are waiting and this is the total amount of gamblers, so let's talk about the crypto currency (Bitcoin) we all know that Bitcoin is a good investment and it has changed a lot in the crypto world but the interesting part is that the numbers of Bitcoin investors can't be compared to gamble and my question is Why? or is the risk involved in Bitcoin higher than gambling risk?
Just chesk this source
Just chesk this source
It is really an unfair comparison so definitely there is no answer to say whether the risk involved in bitcoin is higher or it is in gambling.
The reason why the adoption of gambling is rapid is because of the evolution of the internet just as social media, youtube, online degrees, and importantly jobs which clearly insist that everything that has been done traditionally is getting replaced by the internet in the way people are liking it.
The comparison is not appropriate. Gambling and crypto are in different stages.
To conclude, bitcoin is a payment method used in gambling. We can compare the different payment methods used in gambling but we cannot compare gambling with a payment method.
Bitcoin is an asset that has high value and is clearly different from gambling which is an industry for doing business and also for someone to seek pleasure or multiply their money.
I don't know why such a question exists.
It's due to their lack of knowledge of BTC or cryptocurrency. They consider cryptocurrency to be a scam investment. Many people in my country still do not believe in crypto investment at this age. While they use online gambling sites that use our local currency and can deposit using a digital wallet. Some don't care if the site is new as long as it is supported by an influencer. Maybe, for them, it's more realistic than crypto.
Incorrectly comparing bitcoin to gambling in the first place, bitcoin is an opportunity for investors and the same time asset, in addition to being used in businesses. Though gambling is also a business class.
The only difference is that Bitcoin once you invest a long term here even if you go back to the wallet after a year the profit can be great. Whereas in gambling it is not like that, it cannot gamble if you do not deposit money.
The only difference is that Bitcoin once you invest a long term here even if you go back to the wallet after a year the profit can be great. Whereas in gambling it is not like that, it cannot gamble if you do not deposit money.
Even the comparison is not right because there are more BitcoinBTC users as compared to those who use Bitcoin for gambling. The use cases for bitcoin are not limited to gambling however currently gambling is one business that widely uses cryptocurrencies and bitcoin.
The comparison is not appropriate. Gambling and crypto are in different stages.
To conclude, bitcoin is a payment method used in gambling. We can compare the different payment methods used in gambling but we cannot compare gambling with a payment method.
In the world to day gambling is leading instead of BitcoinBTC (crypto currency) and more are still wanting to join gambling because the minimum age to gamble is 18+ and lot of upcomings are waiting and this is the total amount of gamblers, so let's talk about the crypto currency (Bitcoin) we all know that Bitcoin is a good investment and it has changed a lot in the crypto world but the interesting part is that the numbers of Bitcoin investors can't be compared to gamble and my question is Why? or is the risk involved in Bitcoin higher than gambling risk?
The comparison is not appropriate. Gambling and crypto are in different stages.
Aside from that, people also have different preferences. We can't just force or lure people into crypto even how far we explained to them the technical aspect of it and the promising good returns in terms of considering crypto as an investment. Gambling in general can somehow considered a form of entertainment and there is no doubt that if such a thing is entertaining, more people will be hooked on it - a social community.
Don't take it too much technical. The level of risks has really nothing to do with why people are mostly gambling instead of investing or taking part in crypto.
In the world to day gambling is leading instead of BitcoinBTC (crypto currency) and more are still wanting to join gambling because the minimum age to gamble is 18+ and lot of upcomings are waiting and this is the total amount of gamblers, so let's talk about the crypto currency (Bitcoin) we all know that Bitcoin is a good investment and it has changed a lot in the crypto world but the interesting part is that the numbers of Bitcoin investors can't be compared to gamble and my question is Why? or is the risk involved in Bitcoin higher than gambling risk?
Just chesk this source
Just chesk this source
One reason is that gambling had been around since ancient times while Bitcoin is just around for a little more than a decade. Comparing the exposure of the two, gambling is exposed longer than Bitcoin and had been in the industry even before we are born. So it is not surprising that gambling gains more fans than Bitcoin. Besides, gambling is created for entertainment while Bitcoin is created to bypass the third-party financial institution while transferring funds. They have different purposes and gambling purpose is more interesting for the majority of people than what bitcoin offers.
In the world to day gambling is leading instead of BitcoinBTC (crypto currency) and more are still wanting to join gambling because the minimum age to gamble is 18+ and lot of upcomings are waiting and this is the total amount of gamblers, so let's talk about the crypto currency (Bitcoin) we all know that Bitcoin is a good investment and it has changed a lot in the crypto world but the interesting part is that the numbers of Bitcoin investors can't be compared to gamble and my question is Why? or is the risk involved in Bitcoin higher than gambling risk?
Just chesk this source
Just chesk this source
Actually we can not deny the fact that nowadays gambling is one of the biggest Industry as we all know that every country involve in gambling while if we talk about cryptocurrency some country prohibited Thier netizen to involved in the crypto world because they not accepting Bitcoin.
And also like what other said above Bitcoin is for an investment while gambling is for entertaining so for sure there are many people choose gambling than Crypto.
In the world to day gambling is leading instead of BitcoinBTC (crypto currency) and more are still wanting to join gambling because the minimum age to gamble is 18+ and lot of upcomings are waiting and this is the total amount of gamblers, so let's talk about the crypto currency (Bitcoin) we all know that Bitcoin is a good investment and it has changed a lot in the crypto world but the interesting part is that the numbers of Bitcoin investors can't be compared to gamble and my question is Why? or is the risk involved in Bitcoin higher than gambling risk?
Just chesk this source
Just chesk this source
Actually we can not deny the fact that nowadays gambling is one of the biggest Industry as we all know that every country involve in gambling while if we talk about cryptocurrency some country prohibited Thier netizen to involved in the crypto world because they not accepting Bitcoin.
And also like what other said above Bitcoin is for an investment while gambling is for entertaining so for sure there are many people choose gambling than Crypto.
In the world to day gambling is leading instead of BitcoinBTC (crypto currency) and more are still wanting to join gambling because the minimum age to gamble is 18+ and lot of upcomings are waiting and this is the total amount of gamblers, so let's talk about the crypto currency (Bitcoin) we all know that Bitcoin is a good investment and it has changed a lot in the crypto world but the interesting part is that the numbers of Bitcoin investors can't be compared to gamble and my question is Why? or is the risk involved in Bitcoin higher than gambling risk?
Just chesk this source
I don't think gambling is leading instead of Bitcoin. If you say there are more gambling ads than bitcoin ads, I would agree.Just chesk this source
Bitcoin is not the same I gambling they are totally two different things. It is just like oil and water. Bitcoin is like an investment with carries massive risks and there are ways to mitigate these risks. However, gambling is not an investment. It is more like a trial by error method to get money. It carries risks but not as significant as bitcoin. The reason for this I repeat is that in gambling it has been programmed that you can almost never win against the house whereas, this is not the case with bitcoin where you success depends on you.
You are comparing apples and oranges here. Bitcoin is a digital decentralized cryptocurrency which utilizes the blockchain to process it's transactions, gambling is...not that. Sure buying bitcoin could be considered "gambling", but no different in the sense that buying a companies stock on the Nasdaq is gambling.
It also seems governments are more comfortable with people blowing their money with them via gambling, then by "investing" it in a decentralized currency that could/might revolutionize the way money works.
It also seems governments are more comfortable with people blowing their money with them via gambling, then by "investing" it in a decentralized currency that could/might revolutionize the way money works.
Buying anything can also be considered as gambling and that is only as a term, not entirely gambling. when people compare Bitcoin and gambling, it will be a different thing. out of nowhere they got the idea to compare Apples and oranges with different types of fruit. gambling would be a good place for the government to tax gambling because it would generate huge profits over decentralized Bitcoin and would not provide as much revenue because they do not have total control.
I'm confused why someone always come up with these ideas and comparison to Bitcoin despite that these things are likeable and have people that understands it well.
Gambling is there when Bitcoin wasn't there so that's an answer why it has got more fans.
I am not sure if saying "fans" is the right term on it as if there's a competition between them but this topic is quite off to discuss IMO.
Gambling is there when Bitcoin wasn't there so that's an answer why it has got more fans.
I am not sure if saying "fans" is the right term on it as if there's a competition between them but this topic is quite off to discuss IMO.
In the world to day gambling is leading instead of BitcoinBTC (crypto currency) and more are still wanting to join gambling because the minimum age to gamble is 18+ and lot of upcomings are waiting and this is the total amount of gamblers, so let's talk about the crypto currency (Bitcoin) we all know that Bitcoin is a good investment and it has changed a lot in the crypto world but the interesting part is that the numbers of Bitcoin investors can't be compared to gamble and my question is Why? or is the risk involved in Bitcoin higher than gambling risk?
Just chesk this source
The answer is quite simple: gambling has been in existence for over centuries before bitcoin.Just chesk this source
Also, gambling despite the age limit attached to it it doesn't demands you to have much amount to start with. For as much as a cent you can use to engage into gambling among yourselves be it online gambling or offline among guys.
You don't necessarily have to learn gambling before starting you just need to make up your mind and there you go. But for Bitcoin different is the case you have to learn so well how to trade or invest before kick-starting and so many people don't have the luxury of time to reading. Etc
You're pitting something that's been here since we learned how to count and use money, against a currency that's only been here for more than a decade. From there you'd realize the disparity between the two. Plus, Gambling is a staple house term that is known by everyone no matter the nationality. Bitcoin is just on its way of being one, you go inside your house and tell your mom that you want to gamble, see how her face contorts in dismay lmao, now tell her that you want to buy bitcoin, and watch how she reacts. Nine times out of ten she'd ask you what the hell's a bitcoin and that alone is the reason why gambling has more audience than bitcoin. You're basically comparing apples and oranges out here brother.
You are comparing apples and oranges here. Bitcoin is a digital decentralized cryptocurrency which utilizes the blockchain to process it's transactions, gambling is...not that. Sure buying bitcoin could be considered "gambling", but no different in the sense that buying a companies stock on the Nasdaq is gambling.
~snip~
^Definitely right and a simple answer but it was answered the whole question. ~snip~
Gambling involves games of chance or wagering on uncertain outcomes, typically in the context of casinos, betting platforms, or lotteries. Unlike BTC, gambling is not a form of investment but rather a form of entertainment, where individuals take risks in the hope of winning rewards. It is nonsense if you will compare them because they belong to different categories and have different underlying purposes. While some of us will probably consider buying BTC as a speculative investment akin to gambling, the mechanics and objectives of each activity remain distinct.
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In the world to day gambling is leading instead of BitcoinBTC (crypto currency) and more are still wanting to join gambling because the minimum age to gamble is 18+ and lot of upcomings are waiting and this is the total amount of gamblers, so let's talk about the crypto currency (Bitcoin) we all know that Bitcoin is a good investment and it has changed a lot in the crypto world but the interesting part is that the numbers of Bitcoin investors can't be compared to gamble and my question is Why? or is the risk involved in Bitcoin higher than gambling risk?
Just chesk this source
Well, the reason is very easy my friend, investing in bitcoin is sure of a lesser risk than gambling, but think of a situation where you need some money immediately to sort out life pressing issues, investing in bitcoin can not solve that for you because after investing, you will have to wait for days, weeks, months or even years for the price of bitcoin to increase so you could sell and make some profit.Just chesk this source
But in gambling, the outcome of your investment is seen immediately just by clicking a button, for example, when playing slot games, after clicking the spin button, you see the outcome of your bet in less than five seconds. In sports betting, you also have the liberty of choosing and betting only on games that are being played at that moment, so that it only takes less than 2 hours to see the outcome of your investment, whether it be a loss or a gain, this is why many are interested in gambling.
You are comparing apples and oranges here. Bitcoin is a digital decentralized cryptocurrency which utilizes the blockchain to process it's transactions, gambling is...not that. Sure buying bitcoin could be considered "gambling", but no different in the sense that buying a companies stock on the Nasdaq is gambling.
It also seems governments are more comfortable with people blowing their money with them via gambling, then by "investing" it in a decentralized currency that could/might revolutionize the way money works.
It also seems governments are more comfortable with people blowing their money with them via gambling, then by "investing" it in a decentralized currency that could/might revolutionize the way money works.
What the fuck its this thread? And why you compared those two things?.
Its like i said, why porn its growing more than 5g tecnology?.
And man one its previous than the other and also they can rely on the new one to keep moving.
Its like i said, why porn its growing more than 5g tecnology?.
And man one its previous than the other and also they can rely on the new one to keep moving.
Why?
Think about it, there are many gambling casinos and platforms that are running various promotional campaigns promoting gambling whether offline or online with them. This is not the same for bitcoins that it's promotion cannot compare. Also check the attractiveness, in gambling, play with a small money and you can win big, in Bitcoins, you need to constantly invest. Also habits like gambling which can be addictive are more easily adopted than the good habits like investing, so it will have more fans. Jump to: