Bitcoin Forum

I see a lot of people here comparing gambling games to bitcoins I think those who do this are mentally ill because bitcoin is recognized as the best coin in the world and we see everyone's future in bitcoin and bitcoin price is so low now that's why we  Let's all buy Bitcoin now and it will be very beneficial for our future.


I'm not saying gambling is bad I'm saying no one should gamble because if you gamble you can lose everything your whole life income can go there that's why you trade bitcoins you light your future and gamble happy happy  Never get addicted to it and try to stay away from it.

I am struggling to understand the correlation of the topic to the body of the post. Honestly,I was expecting to read how Bitcoin gives life or is life itself; perhaps I would have been aiming for immortality by accumulating more Bitcoin :D :D :D

All the same, your point is noted as there is a clear distinction between accumulating Bitcoin and gambling. The chances of success for the former is far higher than the later. Besides, there is historic data to support Bitcoin unlike gambling.

The price of bitcoin is less due to a market dump and we all need to buy bitcoin today, a person who has enough money should buy bitcoin but if someone has less money or is short they need to invest some of their funds. I sentence is coming to my mind regarding Bitcoin that today invest tomorrow you will benefit. If you make an investment in Bitcoin then don't panic about the market and it will grab your funds but just remember that the halving is coming and the specialists predict that April 2024 may be the month of halving.  you just need to hold your asset and wait for the bull I am dam sure I will make you happy in terms of profits when it comes.

On gambling my view is that stay away from it because it can addict a person with it. If it gives you a profit then do not be happy because at the same time, you will lose and you have nothing to bring to your home. So the thing which not giving any profits then why you are investing in it besides investing your funds in Bitcoin addict yourself to Bitcoin which is good for your future.

Another example of a typical topic that doesn't potray a totally different meaning to the it's head. "Bitcoin is life" but what you wrote is completely off from your topic head well we all are still learning but I think a closer approach to what is your topic title will be a lot better next time. Well for people comparing Bitcoin to gambling, I can't really say I have seen any person although I know they may be some folks but I think what people actually compare most here is trading to gambling and we can all the resemblance to both activities as the two are very risky.

I think you should edit the title. It seems other forum users are also commenting about the topic title. However, Bitcoin is a cryptocurrency, and it is not related to gambling anyway. Though gamblers have been using Bitcoin as a payment method, it has nothing to do with gambling directly. Gambling is a kind of play with luck, where Bitcoin gives us investment opportunities. To make money from Bitcoin, we need to gain enough knowledge and experience. For gambling, just play with luck. I'm never interested in gambling, and I don't spend time understanding it. Rather, I have been focusing on making money from bitcoin trading, though I am not a professional trader.

Op, don't think that trading Bitcoin is risk-free because there is no 100% guarantee here that you will make a profit, so you can also lose your entire life savings if you get involved with leverage trading, Therefore it depends on the type of trading you are into, future or leverage and or spot trading. but if you talk about buying Bitcoin and hodl, the risk here is lesser.

It's okay, no need to describe them like that. We've got different opinion about things and even we're all in bitcoin supporter, you just can't please people that have their different opinion towards bitcoin.

Just gamble responsibly, we've got a lot of gamblers here that are also in Bitcoin. It's all about moderation and how you control yourself.

Bitcoin investment can't be compared with gambling, it's completely different, and as you said, the bitcoin price is still low, and anybody that's trying to invest can do that now. Some people are thinking that bitcoin price is already high and they are scared to invest in bitcoin, some of them believe they wont be making much profits from bitcoin investment, that's why they prefer to invest in altcoins, but I will say that bitcoin price is still very low. Lot's of people are regretting why they didn't invest when the bitcoin price was lower. If you don't invest now, I just hope you won't end up regretting it later in the future.

Why do you think gambling is bad? If everyone loses money to gambling just the way you said, then I am sure no one will be gambling again because no gambler will be left with any money left, but people are still gambling, they are having fun, and they are winning from gambling. The only thing that I think is bad is gambling addiction. I do discourage people from gambling addiction, gamblers shouldn't take gambling as a source of income, and they shouldn't expect a life-changing amount of money from gambling. If the money comes, they should take it and use it for any necessary thing that they need to do at that time.

Actually, op, when I saw the topic of this thread, I didn't expect to see write-ups like this and your thread sounds so off topic to me and since others have already told you to edit the topic of this thread, please do so.

Well, I find it difficult to understand this thread, but I will rift my brains to understand what you are saying, so what I will say is that addicted in gambling or addicted in an investment are like two different things but have the same risk, why? Because if you are too addicted to investment, you might end up borrowing money just to invest and think you will make profits so you can pay back. But on the other hand, you might not make profits from that investment, whether Bitcoin or not, because investment is not guaranteed. If anybody tells you, Bitcoin investment is a 100% guarantee, that is a big lie.

In gambling, if a person is addicted, S/him might also do the same thing, thinking he might win from the game, then pay back the borrowed money and keep the profits, but since gambling is also not guaranteed, you might also end up owing debts.

I don't see people comparing bitcoin though to gambling? I mean in terms of investment or trading? Gambling has risk and have you said, Bitcoin is the best so the risk is minimized. Of course, we need to buy and hold for a long time before we can realized our profits.


Again, your point seems to be not valid here. If there is something that might be compared to bitcoin as far as investments goes, it could be stocks or even the scarcity of Gold and it's value going up in years.

There is no connection whatsoever between title and the actual content of the post as its just a rambling of a shitposter who doesn't actually have anything so say but he has to write something in order to increase his activity and possibly scoop a merit or two.

Anyway, one more user added to my ignore list.

Where is the correlation between the title and the content of your thread?  ???
On the other hand, who compared gambling to bitcoin? I've never seen anything like that here either :D
In any case, things like this cannot be compared and indeed no one who has no work compares things like this.
Speaking of gambling, I am also a gambler but until now I am still in bitcoin and continue to buy with DCA but my gambling continues every week without interrupting anything.
You have to be aware of your financial condition and try to manage it well because in the end not all gamblers spend all their money at the gambling table even though the average is like that.
This is also not a defence because I know that gambling is not something good but when you do it with a mature attitude and know the risks I think in the end it will be the same as the investments we make because we know the rules that we must have in us even though it is not written.

These two are not comparable; if Bitcoin were considered gambling, those who were using it as payment would only be able to keep it; they would no longer be able to engage in gambling. Those who were comparing Bitcoin and gambling together they misunderstanding it. No matter how long we wait to purchase bitcoin, whether it takes six months, a year, or two years, investing in bitcoin won't cause us to lose money. However, when you gamble, you can use your money to place bets while you're still sitting down, which will cause you to lose money. That is a significant example that shows how we cannot compare them. Some people compare it because they would rather make money immediately than wait for a long time.

In fact, I think that gambling is a horrible idea because it will only lead to further problems for those who are unable to afford it. It's not good for people to become addicted to it. I cannot advise anyone to gamble, and any of my friends who I see engaging in it I do advise them to stop because it will not be good for them to continue this with their future because whatever we do today will determine our tomorrows, so it is still a good idea to choose a better future for our children. We cannot all engage in gambling and be content for them to follow in our footsteps; we all need a better way of life. Everyone will want their children to invest in bitcoin but not to gamble with it.

Based on the unpredictability people used to compare bitcoin along with gambling. This is common, and what is being said here is completely different. When it comes to investment it is always good to have diversified investment than just putting everything in a single basket. Maybe the percentage of money into bitcoin can be kept high against the investment on the rest of the coins. Bitcoin investment assure with profit and for the same reason we can't say altcoins are bad. There is good list of altcoins that have the potential to grow and have got good track record. Quite often we used to see some altcoins into problem and users losing funds. With investment we've got risks and for the same if we stay away it is the lack of understanding we've got over investment.

If you are supporting gambling support it straight and if you are against gambling be against it straight and not saying you are not against it and still saying it’s bad at the same time, gambling is bad for those who are now addicts and gamble without control until they have entirely render them self useless. For those who gamble and know when to call it a stop they can’t be consider as bad gambler or seeing their gambling habit as a crime.

No matter the way we look at bitcoin investment I will alway see it as something which is worth our investment and we should always make our time and slide out some savings in other to invest few of them that we can afford into it.

There are people who may think bitcoin trading is same as gambling, but there are not a lot of those people here though. Perhaps you got that idea from this thread (https://bitcointalk.org/index.php?topic=5467828.msg62890863#msg62890863). Incase you don’t know, this is bitcoin discussion and we are all hyped to buy bitcoin and invest, but not everyone can afford to buy even at the current price.

What are you saying?? Learn to use punctuation when writing. Bitcoin isn’t the solution to gambling habits or a alternative to gambling. I gamble often, and my life hasn’t been ruined due to my gambling activity online. It’s presumptuous to assume that gamblers do not have a good life.

Only Bitcoin enthusiast recognized Bitcoin is the best coin in the world, others recognize their national currency as the best one.  But if we are talking about cryptocurrency then yes, Bitcoin is recognized as the best cryptocurrency in the world despite its technical development is lagging.


Gambling should be viewed as an entertainment so it should not be compared with Bitcoin since these two are very different in function.

Gambling is everywhere. If you thought investing or trading Bitcoin is the best way to avoid gambling you are wrong. There is what we called online gambling that uses Bitcoin. So it's up to you if you are going to gamble your money or not. Even trading can also be called as gambling if you don't know what you're doing. Imagine that traders can still encounter loses continuously even though they have a high win rate back tested strategy, how much more if you don't. So don't ever trade if you don't have a trading plan.

Willing to take the risk is also gambling therefore investing in Bitcoin like buying is also gambling but different type of gambling. I think many people will say that if you talk about gambling then what comes first to their mind is risking your money in a casino for a chance to earn more money. Even if you try to do some research, you will see that there are different types of gambling and that's why I always think that if there's some risk then it's a gamble that you are willing to take.

Haha, it's pretty hard to understand.
There's no correlation between gambling and investing in Bitcoin, they are different stuff.

First, upon investing in it, the primary purpose of investing in Bitcoin is to potentially grow your wealth over time.  It's typically buy and hold Bitcoin with the expectation that its value will increase in the long term.  Unlike gambling, it involves risking money on uncertain outcomes with the hope of winning more money.  So meaning to say, it's typically driven by chance, luck, or randomness, and the goal is often short-term gains.

So it's clearly no correlation  above.

You mean investing in Bitcoin is better than gambling? I wouldn't say yes and no but I would say we prefer investing in Bitcoin than gambling because it is an investment not luck-based stuff. Also gambling means that you can't lose all of your money if you are just playing for fun.
 
I can't compare well Bitcoin and gambling but if we take the source of income of both then investing in Bitcoin is better than gambling because gambling was not made to earn money and Bitcoin is now used as an investment that can help us.

It's because people always believe that no one knows what will be the price of Bitcoin in the future, which is really true. But they must not say it is gambling because there are a lot of ways how to able to invest in Bitcoin wisely, like using some analysis, and techniques on how to position properly.

Well, in my opinion, it's fine if there are some people who still have perceptions and relate BTC like that, but what we need to know is to put something in its place and if there are 2 choices, namely gambling or wanting to invest, then it comes back to us and the impact is also on us. who will feel it. So, the real meaning is to look at the potential of BTC and what we should take to prepare it as a promising form of financial investment in the future and what @GreatArkansas said was very precise and to the point.

Active compulsive gambling causes misery and suffering to a lot of people.

Occasional small affordable amounts gambled should not be lumped in with active compulsive gambling.

Neither of them have anything to do with BTC stack and hodl via dca methods which is investing in theory.

Investing means you have the odds in you favor and should eventually turn a profit.

Those are the people who don't believe in bitcoin so they compare it to gambling, but for me it is NOT.

I thought this title was your life journey with bitcoin but obviously you keep comparing bitcoin and gambling. LOL
As said by many people there is no correlation at all in this topic, if it used to lead to bitcoin life try to understand your journey here, so there is no need to associate gambling or any other loss that is a different matter.

One more thing with you gambling you said you will lose income for life? Not so my friend.

It's your own person because gambling is a risky game and trading is also a risky game you can profit from tenning because if you are good at it you can earn a lot from bitcoin training in a short period of time and gambling is always about your luck. Depends that's why I think gambling game is a risky thing I don't mean you stay away from tide you gamble if you have experience on tide but I think most of all you should learn bitcoin training because by bitcoin dating You can change your life very easily

They are not mentally ill, they simply have no knowledge about bitcoin and they mistake bitcoin for gambling because they have heard many stories of losses when investing in bitcoin. Just like those who lost money investing in bitcoin, they will call bitcoin a scam, and those who profit from it, they call it the future.

Whether Bitcoin is gambling or the future depends on each person's perspective, don't worry about it. What matters is you, what you gain from investing in bitcoin, and what you need to do to achieve your goals. Don't worry about what people say, focus on your goals.

It makes no sense to compare Bitcoin to gambling. There is a big difference. Those who make this comparison think that Bitcoin is only speculation. They know nothing.

Bitcoin, in terms of concept and idea, has nothing to do with speculation at all. Bitcoin was built to be a complete decentralized monetary system, an alternative to the current corrupt financial system, a peer-to-peer payment system without an intermediary.

Unfortunately, people's focus on Bitcoin speculation and whale manipulation of the market has made Bitcoin a highly volatile currency and led to this view that Bitcoin is similar to gambling.

People who compare Bitcoin with gambling, I think they don't have proper idea about Bitcoin. Especially, older people in the area make such comments. Because older people don't understand Bitcoin easily. Those who have a proper understanding of Bitcoin, will never compare Bitcoin with gambling. OP, you said that Bitcoin will brighten the future of people, it is true. But you have to remember that Bitcoin is risky.

because I like both, so I do both. I collect Bitcoins and also gamble at crypto casinos. I don't have much allocation for gambling, but sometimes it can give me entertaining profits.

People who don't like gambling would be better off collecting their money to invest in Bitcoin like you do. but for those who have gambling activities, of course, they have their own money to play at the casino which of course does not interfere as much as possible with the Bitcoin investments made.

gambling has nothing to do with Bitcoin. But if you can avoid it, it's better just to invest the money. but if you can't avoid or quit gambling, try to control yourself.

In addition to being aggressively unjust, your assertion that people who compare Bitcoin to gambling are "mentally ill" is also incorrect. It is important to understand that investing in Bitcoin entails dangers of its own, just like when you gamble. Diversification is emphasized by seasoned investors for a reason: to protect themselves from uncertainty.

Its also conspiratorial to believe that Bitcoin holds the key to everyone's future. Its important to keep in mind that the bitcoin market is quite volatile. Putting all of one's financial eggs in the Bitcoin basket will not ensure success. Even though the price may be low right now, future price increases are not guaranteed. Be careful when you enter this area.

Honestly, the topic you raised is too irrelevant to what you said in the narrative. Sorry, no offense; maybe it's better to change your topic to something related to what you said here. Of course, Bitcoin is not the same as gambling, and you know it, dude.

Besides that, Bitcoin is even called a store of wealth. That's why many people were attracted to Bitcoin to invest and hold it for a long time because they saw it as a good future savings, and those who believed in it were not wrong to buy bitcoin more than 5 years ago. That's why it's good to do if you're one of the Bitcoin enthusiasts: buy now, gain later. Then your family or loved ones will benefit from it for sure; it's that simple.

Huh? again? Create a thread and reply to yourself from another account. Look, multiple accounts are allowed. But it's not good to create multiple accounts and talk to yourself to increase the post count and activity. I assume you might start doing merit abuse as well in the future. These things are not appreciated. Stop doing this drama if you don't want to get some negative tags.

You are from my local board, and it's clear what you are trying. You guys are the reason why we locals cannot speak loud. So, my advice is to stop using multiple accounts for such purposes. I have replied to you several times, and I hope I don't have to ask you again.

Some people have no knowledge about bitcoin and they see its volatility so it is understandable that they compare it to gambling.  or there are people who consider this life a gamble so there is nothing to blame them when they consider everything a gamble.  when we do business or do anything, we are betting on whether it will succeed or fail, so that is also gambling.  each person has a different concept of life, like the number 9, viewed from the bottom up it is number 9 but when viewed from above it is number 6.  It doesn't matter what Bitcoin is, what's important is what benefits it brings to us.

I get what you're saying but agree with others that its quite silly comparing gambling to Bitcoin - not really the same thing. Bitcoin obviously has potential and is a technological advancement in the financial world, but it's also not a sure bet. Investing in stuff like crypto can be as unpredictable as a dice roll. Investing in any asset, including Bitcoin, comes with its own set of risks. The cryptocurrency market is known for its volatility.

I partially agree and disagree with what you stated, I agree that Bitcoin and gambling shouldn't be compared because they are different entity and has different function but I disagree that Investing in crypto can be as unpredictable as a dice roll because crypto investment can be mitigated by risk management while dice rolling is purely unpredictable.


It is clear in the dictionary the definition between gambling and Bitcoin that they are far too different from each other.  Even investment and gambling is also not the same.  All items even the stablecoins have fluctuation thus they have volatility, even the goods and commodities in the market also fluctuates in price so it is not a good reason to say Bitcoin is like gambling.

It is not fair to compare bitcoin with betting because bitcoin is not like gambling and bitcoin is generally a good currency for investment and ranks at the top of all currencies in the crypto world. Investors will get better profits for the future by holding for a long period of time. When it comes to investing in crypto bitcoin is the safest because it is less volatile than other cryptos the next few years could see a huge growth in bitcoin if you want to start investing in crypto you can do it with bitcoin many people have also made huge money investing in it. Its popularity is increasing day by day the future is bright through bitcoin investment and there is no fear of getting lost or running away.

Gambling is an activity of playing gambling games using money. Meanwhile, Bitcoin is a cryptocurrency used to gamble at crypto casinos, just like you use fiat currency at fiat casinos. And we are not here to compare gambling and Bitcoin because they are different things.

You can gamble with fiat or Bitcoin or even altcoins. And you can also trade at the same time to earn Bitcoin or stablecoins. But if you focus more on gambling, you will experience many losses because gambling is not a place to make money. Gambling is simply to get pleasure from playing various gambling games.

But if you want to make a profit, you can focus on trading, but with a note that you can analyze the market. You can also profit from investing in Bitcoin but you have to be patient and wait until the price of Bitcoin increases before you sell it.

No one can control other people to carry out any activity, including gambling, everyone has a level of awareness in carrying out their activities and if gambling can make things worse then they must also consciously stop gambling. Likewise, if we talk about investing in bitcoin and those who have been involved in it will definitely choose to invest and those who hate bitcoin will continue to say negative things about it. I mean in this life people have different criteria when carrying out something and these criteria can be seen from how far they want to be involved in it.

Bitcoin does have a big impact on people and if it can be run correctly, then we can find financial freedom through the investments we make. Therefore, when someone believes in Bitcoin, there are many things they may have gone through to make the decision to get involved in it.

Some persons around me call investment in Bitcoin gambling not because they disrespect the coin but due to it's volatile nature. They just assume that since nobody can certainly predict the price of Bitcoin in the future it is gambling. But this is really a wrong notion about Bitcoin. Gambling is more riskier and unpredictable than bitcoin. Gamblers target instant profit, whereas Bitcoiners projects to make a profit in the long term.

Responsible gambling is not wrong but it becomes a problem when one becomes addicted to it. It is financially wrong to use money that has been budgeted for investment to gamble. My take is that individuals should have a budget that clearly stipulates funds assigned for gambling. Anyone who cannot control his drive for gambling should avoid engaging in it.

They compare bitcoin with gambling because they don't know the important features and technology used behind it, they just see it as a easy to create something online which is not worth the money we pay to buy bitcoin.

Who know about bitcoin's special features like anonymity, store of value, digital gold, decentralised currency, etc.
They don't compare it with gambling.

They are maybe people who compare bitcoin to gambling in your eyes, because I always see people comparing bitcoin trading to gambling, not the entire bitcoin or the investment.

However, people who compare this currency to gambling are those who still lack knowledge of how this currency fluctuates systematically; if not, it’s obvious that bitcoin investment, bitcoin trading, and gambling are entirely different.

Because we always see bitcoin with its bright future, we all believe that the future of bitcoin will definitely have a positive impact on our lives as time goes on. For the people who think the price of bitcoin is not as low as we suppose it to buy, they are still misunderstanding how the market works because bitcoin is still at the normal price that we are supposed to buy and hoard for a long period of time.


If I understand you correctly, you are trying to say that instead of someone who should gamble, they should use the money to trade bitcoin or make an investment, which I think is true, but you know this life is all about wishes. You cannot force someone to trade bitcoin if they wish to be a gambler.

However, if every gambler loses money, then definitely there will be no gambler today, but since some people gamble and get money from it, that is why some people choose to do it. Also, all you can say is that they should gamble sense because too much of everything is bad and gambling is something that seriously results in bad situations. If we do it too much.

I see why they think of it like that though. However, such opinions are based on what they read, heard and watched online made by the same people who lacks proper knowledge, background and experience with Bitcoin. Hence, it is truly best for individuals to conduct their own research regarding Bitcoin (and honestly anything else they are not familiar with) and based their own opinions and perspective there, that way it will not be tainted by the already flawed opinions of others. It is due to this that we shouldn't put much hate to those who have false knowledge about Bitcoin as they are probably just victims of negative fake news and info found online. Instead, we can share what we know to them and let them comprehend it on their own. We cannot force people to see and understand Bitcoin the way we do, but we can share to them what we know. That's the best way we can handle things.

They tend to mislead themselves with the words 'gambling' and 'gamble.'

Bitcoin is a gamble because of its risk. Simply investing in it poses a risk to your money due to its high volatility. There's no guarantee of profitability. However, it's been proven that some people have been profitable by investing in bitcoin compared to traditional gambling. If we are realistic enough, we will understand that only a few gamblers make money because we play against the house, whereas with investing, we hope that the demand for Bitcoin will increase, leading to an increase in its value.

An increase in demand for Bitcoin is highly likely to happen. Winning in gambling? It's uncertain.

Bitcoin is not life, but it can be an instrument for us to survive the life we are going through today when it comes to financial problems. and Bitcoin can also be an opportunity for anyone who believes that it can be a source of money that can be used to exchange real money that our country has.

Apparently, Bitcoin is like a package that can be used in many ways, not only for payment but also for savings in the future; it can also provide for us and can also be a way to fulfill our dreams in life.

Don't really know what you're talking about, the choices you make are like this.
For me Bitcoin is super good, in my opinion no one calls Bitcoin bad, if there is it's a ridiculous human being, I'll cross it out which is not my choice.

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But what makes me wonder....! Why do you associate Bitcoin with gambling, is that a joke, I hope so, Bitcoin is clearly different from gambling, Bitcoin has value while gambling has no value, gambling is a game, Bitcoin is not a game, but a form of transaction, investment and trading, that's clear.

You don't give us good points here, the title and topic content are contradictory, in the future, improve the topic content and title before creating a topic.

I don't really see a lot of people comparing gambling with Bitcoin because they are totally different things, Bitcoin is a cryptocurrency, or maybe a payment method as well and gambling is an action, a hobby, something that people do either to have some fun or to try their luck and possibly win some money. Other than the fact that Bitcoin can be used for gambling since most cryptocurrency gambling platforms accept it, there is no correlation between Bitcoin and gambling.

You can say that gambling can be bad if someone doesn't know how to manage their activities or their money in a good manner. Someone who is responsible and knows how to manage their time and money when gambling, it isn't really bad for them since they will only have some fun gambling.

It's just another spam thread with some useless random text from my local thread user. This guy claims he has five years of experience in Bitcoin trading and eight years of gambling experience. Yet he asks others how he can make money from Bitcoin. He believes Bitcoin is life because it is tradable, and he can make money from it. But he did not think about real-life work and business where he could get his life as well. I guess you already know why he created this thread. He would praise Bitcoin and get some merits from the community. Unfortunately this attempt was failed. I wrote him a couple of times in his thread. But he decided to ignore me. LOL.

Others may see it as life to them because it has impacted their lives big like coming from poverty but because they invested in Bitcoin they were able to jump to the middle class as they were able to build a house and a car and get their needs met because they'd gotten tons of profit from it. But you are right that it is just an instrument and another way we can earn profit from it and an opportunity that needs to be grabbed by the people as they can gain something from it.

Bitcoin really has a big impact on me financially and I treat it as an opportunity to earn even though I am poor as I was able to experience things that I couldn't do before because we couldn't afford them.

For very disappointing reasons, you should be careful with these words. I agree that Bitcoin is the best coin in the world, but if you are talking about gambling and Bitcoin is very narrow, your understanding still needs to be broadened. I don't know where to start, and why it would cross your mind to generalize people who gamble with Bitcoin as mentally ill. Bitcoin owners are free to use it for anything because there are no rules on its use, even for negative things. The problem is that Bitcoin is just a tool and the tool depends on who uses it.

You are right, but not completely justified in arguing that gambling is risky. I know the risks of gambling and everyone here should know better. However, there are rights and limitations that you cannot simply determine.

You like Bitcoin, so buy more. You don't like gambling so don't try it. And there is absolutely no connection from the thread title to the content.

Your post made my head hurt. With all the incomplete messages and confusing structure.

Why would be comparing Gambling and Bitcoin equate to mentally Ill already?

Gambling and Bitcoin = Mentally Ill

Like how would that suffice the factors of real mentally ill people? Isn't that toxic mindset to begin with just because you do not have the same mindset as other people?

That is possible if you are going to put your whole income into gambling. If you cannot control your gambling, then you should seek help right away. It's easy to say but hard to do for an addict.

Strictly speaking, bitcoin may be a part of some people's lives. Like me, I have improved my financial situation thanks to bitcoin so I also consider it an important part of my life but it is not all I need. There's more to life than that and don't forget that before bitcoin appeared, we were still alive and existing.

After all, bitcoin is money, it is an opportunity, and if we seize and take advantage of the opportunity, the person with the greatest merit is still ourselves, not bitcoin or anyone else who brings us that success. Our lives are decided by us, not property or anyone.

Op, in this same topic you have discussed

• Bitcoin as life
• Bitcoin as the best coin in the world
• Gambling
• Trading  

We all have many things to share but try as much as possible to discuss one theme under one topic subsequent time. If you do so, your post will have less chnaces of being an off topic post.

No one should be addressed as being financially ill, they have the right to their opinions. And examining the cade very well will tell that there are some percentages of gambling in bitcoin investment, which is why you are advised to invest o ly what you can lose. So, be guided.

But gambling is bad, why are you not saying that gambling is bad?

Is this different from the gambling bitcoin investment? if that so main difference between these is investment is depends on your knowledge of how you will enter the market and exit with the profit to take home, in playing gambling you are just waiting for luck to make money, but when you make it, takes a lot of time and money before you achieve to comeback those money losses, you choose get wise try your luck in playing gambling or make an investment with your skills and understanding.

Those who compare bitcoin to gambling are surely fools, they have no spiritual knowledge about cryptocurrency. A wise person would never make such a comment, rather Bitcoin is a virtual currency that is now recognized as an asset by users around the world. Of course, we should buy this asset now because the price of Bitcoin is at an investment level right now. So we should hold bitcoin and sell it when bitcoin price increases, we know bitcoin is a store of value. Moreover, gambling is not bad, but if it is used excessively, then it is definitely considered bad by all. Moreover a person gambles to earn his daily income it is his main source of income so gambling site is most known and best for him. But basically everyone in society considers gambling bad, and I think gambling is never a good person's job. Gambling can make a person addicted to it and as a result his life can be ruined and also his family can face various problems, which can make a very dire situation in future, so I don't like gambling. Investing in bitcoins with the same money as gambling money is definitely possible in the future and I prefer to invest in bitcoins.

Gambling in a casino with gambling investing in Bitcoin in the Long term has a different meaning. You hope for luck when gambling at a casino, but when that luck doesn't come, the money you bet will immediately belong to the dealer.

It's different if you gamble and invest in Bitcoin in the long term, you have the opportunity to make big profits when the price soars high. Buying Bitcoin when the price is cheap will be the dream of most investors, they will do anything to make big profits when Bitcoin has reached ATH.
Maybe you ask why I am so sure Bitcoin will return to its highest price in the future, the answer is because usually after a Bearish market it will immediately turn Bullish.

You don't have to call those that doesn't buy your idea or support other's own as mentally ill individuals, we have our individual freedom, decision and choice to make, that is their own way of interpretation of what bitcoin is, don't be surprised when you discover that later they have realized the truth and have embraced bitcoin, if they never realized the things they are missing out in using fiat, bitcoin may remain inconsiderable to some until they are pushed out and left without a choice than embracing bitcoin which is an alternative to fiat.

Op's poll is presenting us with a false dilemma, and of course not many people on this forum would choose to say that Bitcoin is bad. Bitcoin doesn't have to be bad or the best, as there's a lot of space in the middle. It's a nice currency, it's a very empowering one, but there are also issues with using it, such as the scalability and occasionally skyrocketing fees, or simply the fact that there aren't many places where one can pay directly in Bitcoin.
Also, while you can lose a lot with gambling, you can also lose a lot with Bitcoin as a result of a scam, panic selling at the wrong moment, losing access to your wallet, etc.

I think you mixed up trading with Bitcoin. No one says that Bitcoin is gambling. Trading Bitcoin or other cryptocurrencies without knowledge is gambling. And this post should not exist. I am finding it hard to learn anything from this post. Also, why should everyone see their future in Bitcoin? It is not as simple as that and it carries risks. That's why it is said that invest only what you can afford to lose. Encouraging people to invest in Bitcoin is also not a good idea. What if they invest and lose? They will blame you for their losses. What will you do then?

If it is that bad, then why do people still do it? Why it still exists? Remember everything has its own set of rules. If you follow them, then you can be on the good side. People use gambling for entertainment purposes. They have separate budgets and proper knowledge. That's why they don't get affected by emotions and don't get addicted. If you gamble responsibly, then there's nothing bad about it. Learn the detail first.

The topic title, topic content, and Poll are all irrelevant. My brain gives Error 404 :D
Is it possible, OP, for someone on the bitcointalk forum to vote that Bitcoin is bad?

In any case, I will write about the content of the topic. No one who knows the decentralized nature of Bitcoin and its promising technology can compare it to gambling. Casino and gambling platforms only use Bitcoin as a payment method because Bitcoin transactions are fast; any gambler can withdraw his winnings and deposit his Bitcoin in minutes, and Bitcoin has small fees. in addition, its transactions are secure; they do not contain data for players. These casinos rely on blockchain technology in their system as an effective means of ensuring justice among players and detecting cheaters. Bitcoin is also used on other platforms and businesses in other fields, not just gambling. Bitcoin is an investment and has nothing to do with gambling. Still, it is possible to agree that bitcoin investment is like gambling with its lousy side of losing money if there is a beginner investor who invests and trades Bitcoin without experience and knowledge.

Indirectly this provides a new view where those who say that bitcoin is compared to gambling are only because they see from the trading side not investment.
When looking at this then it is clear to them that this is like gambling because it only guesses and when lucky who makes a trade will definitely profit but basically this is just a crude view because those who think like this they do not know that in trading also requires research that must be done but they will not know because they only see in passing and do not understand how to trade so it is considered as gambling.

I'm wondering who recognized bitcoin as the best coin in the world? Or is that just your opinion? You don't need to pass off your opinion as the opinion of all people. No, I don't mean to say bitcoin is bad. Bitcoin is definitely one of the best inventions of mankind, thanks to Satoshi Nakamoto. But I think it's wrong to make such an unsubstantiated claim about the best coin in the world.

Well I agree with you that it's base on your own opinion but  I think with the stats rate and market value of Bitcoin compared to other coins I think it's fair to say that we can assume that it's actually the best because when it comes to ratings and usage Bitcoin is number one and thats just says it's fair to assume it to be the best. But notwithstanding I still understand that many other crypto enthusiast still prefer other coins than Bitcoin.

I have had this conversation numerous times. There is no way to directly compare Bitcoin to normal gambling. When you gamble out there, you lose everything when you get it wrong but BItcoin would just reduce your investment (stake) by some percentage. And honestly, I'd rather pick something that doesn't let me turn to nothing in seconds.


The truth is that everything is a risk. Buying Bitcoin, betting, and even going outside your house is a risk (cause who knows what will happen). It depends on how risky it is. For example, what are the odds of getting hit by a car if you go outside your house (considering you are an adult who knows how to cross the road)? It's low. Right? How about the odds of winning a bet? 50/50! You either win all or lose every damn thing. And Bitcoin? It's less risky cause you will not lose the quantity you have, just a percent of it's value that can always go back up. It's all risky, but we make the call!

Yes, buying Bitcoin will be advantageous in the future but you misunderstand what people are saying by comparing gambling with cryptocurrency.
They actually compare crypto trading with gambling and not BTC.

Gambling is good and it's also bad because it's not meant for everyone. If gambling is not meant for you and you are involved in it people will see it as a bad thing due to its negative effects but if gambling is mean for you people will see the positive aspect of it.

If we're about to compare Bitcoin to almost all of the coins in the crypto industry, therefore we could literally say that Bitcoin is the best among all, but if we're about to compare Bitcoin to other investment, of course there's also other investment that are also good, it would only differ to our own preferences and suitability. And if you're already doing investment and trading into crypto industry, for sure you would not only focus on one coin as to profit cause there's a quote that "never put all your eggs in one basket" which is better the more investment, the merrier profits.

More to the practice, in my opinion, buying bitcoin can also be said to be gambling if he doesn't know what bitcoin is, just buying bitcoin and hoping for a profit (like seeing someone making a profit from bitcoin and then he also wants to buy bitcoin without knowing bitcoin), this side according to I'm getting into the nature of gambling in my opinion, so what you look at is not the bitcoin in assessing this but the practice.
Anything can be like gambling if you don't know what you are doing but hope to profit from it.

That is if you continue to hold on to the bitcoins that you have in any situation, but people who don't know how the market moves and what a bitcoin investor should have, in other words just buy bitcoins but don't know anything about them and how to make a profit, and just a hope, when the market turns around he panics then he sells the bitcoin he has, the quantity will not decrease but a person like that will definitely experience losses, and yes the risk is big or small depending on how much you know about it. big risk, but gambling is much bigger because it really depends on luck.

Indeed, this will always be a topic of conversation in the digital economy. So, In fact BTC is valuable and so many people are buying it. So just make it simple. In my opinion, if you use BTC as an investment asset, that's fine, but if you misplace it and don't understand it, it will have a bad impact on someone. That's why it means running here and there.

The people say that you are taking a gamble, when you buy unregulated Crypto currencies... they are not saying that Bitcoin is gambling.  ;D  They are wrong in so many ways, because every investment that you make... have some kind of risk attached to it, so you will be taking a gamble on anything you invest in.

The same thing are applicable to anything you buy..... for example a Solar system. It might save you money on your electricity, but the batteries might fail or the panels might be hit by a storm and you will have to replace it.  ::)

Yes, Bitcoin is the best coin among all the cryptocurrencies in the market, and if you invest in the time of bearish and hold until the price increase higher to your satisfaction before you can release them for sale, and you will enjoy the benefits of Bitcoin from your investment. Bitcoin is more better than gambling, because there is no way you will buy Bitcoin when the price is low in the market and hold the Bitcoin like 3 or 4 years without achieving incomes from your holding, but you can gamble like 3 or 4 years and you will not achieve something meaningful from your gambling. I believe many gamblers will listen to your advise because gambling has reduced so many people from something to nothing just because they didn't apply wisdom in their gambling.

The point is that you cannot compare gambling with Bitcoin investment, it is a significant difference.
Bitcoin can actually be interpreted as whatever people see and use it, but there are many positive things that can be taken here, such as in investing or trading Bitcoin which allows us to take advantage if we know how and have the knowledge to do so.

But regarding people who use it for gambling or all kinds of other negative things that have high risks and expect big possibilities, I think they know what will happen and they are ready for it.

Of course bitcoin is very different from gambling, even though basically investing with bitcoin we have to be prepared to accept the risk of loss but there is an opportunity for us to make a definite profit when the price of bitcoin rises, this is different from gambling where we only rely on luck completely after we place a bet and in gambling we don't. can always provide passive income for us even if we play by relying on good strategy.

Gambling is just entertainment for fun while bitcoin is one of the promising investments for us, especially long-term holders.

Comparing bitcoin to gambling is not correct. Because these two things have different fields. For example, bitcoin is a cryptocurrency, while gambling is the activity of risking or multiplying money. It's true, Bitcoin also has elements that multiply money. Such as through investment and trading. But what is clear is that the way it works is different from gambling. So in essence, comparing bitcoin and gambling is indeed an inappropriate comparison.

And I also agree, regarding buying bitcoin now, it has the potential to make big profits later. But even so, nothing is certain. Because investing or trading certainly cannot be separated from profits and losses. So even though Bitcoin has great potential for the future, we need to remember that caution and vigilance must always be applied to each of us.

In fact, if gambling is done with controlled feelings and not carried away by emotions, it can also provide very positive results. Because many gambling players experience losses, this is because they cannot hold back or control their emotions when they lose and take hot money to deposit,right. But for me personally, I only gamble using really cold money or leftover money. So when I experience a loss, I don't panic too much or become depressed. Because in my personal opinion, the key to comfort when playing gambling is to use cold/spare money. That way, gambling will feel more comfortable and less stressful.

If we talk about the future of bitcoin for certain then of course no one knows. But if we talk about the potential of Bitcoin in the future, it really looks beautiful. Because when more institutions enter Bitcoin and when the Bitcoin Spot ETF that has been proposed by many giant companies is approved by the SEC. So now we will look at one of the triggers for the bullish market welcoming the bitcoin halving. Maybe the price will not immediately increase rapidly after the halving. Because there will be a phase where the paper hands will throw away their cargo. So I don't want to lose the opportunity to join in the party in the next bull market. So I have continued to do DCA for several years.

When it comes to gambling and Bitcoin of course they are different things. But perhaps what many people talk about gambling associated with bitcoin is aimed at people who trade in the bitcoin market without understanding the basics of trading. They only speculate and trade driven by emotional factors or in a way that leads to impulsive behavior. But still it's not gambling. They are just bad traders who don't know what they are doing.

That is without a doubt a massive assumption by the OP, do not get me wrong when I compare bitcoin to every other altcoin, precious metals and fiat, bitcoin comes ahead easily, however bitcoin is not really recognized that way by most people yet and in fact we are a minority as only a small amount of people hold any significant amount of bitcoin, while the rest of the population is not interested in holding bitcoin or they believe bitcoin is in fact a bad coin.

Investing in Bitcoin isn't gambling, that's why it's recommended by those that have been in the industry before us because when you invest in Bitcoin, you can be sure of making profits now or in the future but investing in other cryptocurency can't assure you of profit as they can stop been hyped and they become worthless while you lose all the money you invested into them. Bitcoin is the best cryptocurrency to invest into and you can buy Bitcoin instead of gambling.

But gambling isn't totally bad, if you want to do it try to avoid getting addicted because that's what makes gambling bad as it makes you to keep playing it even when you're losing. Gambling has made a lot of individual to lose everything they had but you can avoid same results.

Bitcoin benefits are undeniable. Only ignorance agree that bitcoin is gamble. Thanks to all the bitcoiners who understand the market and see the potential for growth, not bitcoin is more and more valuable. But please, we all know that other crypto could bring us more

Diversity is always important. Always. Other cryptocurrencies, if they can keep their promises, can elevate the blokcchain ecosystem. They do, indeed, bring a huge return. And of course they come with more risk. So, its crucial to proceed with caution and be well-informed, but keep an open mind towards other possibilities. The financial world is expanding day by day. We cant just sit there and wait for things to happen to us

We Missed the Numbers for Bitcoin in 2011, But I Guess It Won't Rise Any More

At least, I can say there is correlation between the topic and the body of this message, I think what you are trying to say is that bitcoin can give about 99%(if not 100%) hope of success in life. However, Hope is life because hope keeps the spirit high to do more and achieve more in life. Unlike gambling which has no certainty (i.e under probability)

As much as hope gives us the drive to continue and do better we can't just fully rely on that without actually making an action. Also, yes, I agree with you that even though I do not agree with OP's initial idea (still having a hard time comprehending the full message and point of the post) at least the title and body of the post have a relation. Lastly, gambling can bring hope to people too, yes often times there is no certainty in gambling but if you will be smart about it you can be like those individuals who calculates things and uses a lot of methods and research to know when to bet and how much.

You don't consider gambling as bad but conclusion by combining the percentage of gambler suggests that gambling never have made anyone rich but instead it altered the situations of middle man into poor man. Bitcoin and gambling have lots of differences and we can't say that these are same as bitcoin investors always learn well about market trends and investigate about price chart after which they decide whether to sell or buy but gambler never search anything without query then put money and bet and rest of the things are then on good or bad future.

Once you find the opportunity then don't waste time but select bitcoin as its better than gambling because once you choose gambling then if you want to leave it you will not be able to throw out gambling from your life.

Op You have no right to assume that those who compare gambling to bitcoin are mentally sick because everyone has a unique perspective on the world. I believe it is wrong of you to draw that conclusion. Although bitcoin and gambling are very different from one another, they somehow share the risk that comes with both; neither is guaranteed.

There is no way to stop people from gambling because it is legal everywhere in the globe and is not as horrible as you mentioned. The best thing to do is to advise them to gamble responsibly so that they will be able to control their emotions and prevent addiction because it is only addicted gambler that doesn't know when to stop gambling in which they end up losing all their money. Gambling is not bad as you said and it is practised throughout the world, so there is no way you can make them stop. The ideal plans, in my opinion, is for them to set aside a particular sum from their pay on a weekly or monthly basis for gaming.

Bitcoin, on the other hand, is the safest type of crypto investment, as we all know, but it also carries a significant risk if you don't know anything about it. Its volatility makes it even riskier, and not everyone knows how to use it. For newbies like us, I believe it is better to invest in bitcoin and hold for a long period of time because bitcoin has the potential to move in the future. Some people don't have what it takes to withstand the pressure when the price of bitcoin is moving downward, and the most risky part of it is the trading part, which I wouldn't advise anyone to do when they don't have enough knowledge about it.

You're absolutely right, everyone indeed has a unique perspectives. I always respect that. No right, no wrong, just different viewpoints. Its wrong to assume that those comparing Bitcoin to gambling are mentally ill. Like you pointed out, both Bitcoin and gambling carry their own sets of risks, and neither guarantees sure success.

Gambling is legal and practiced worldwide (though there are some anti-gambling countries like china). And yes, everyone should be responsible, not just in gambling, but even in every other aspects. We cant and shouldnt stop people from gambling, but we can certainly encourage them to do it responsibly, setting aside a specific amount for this purpose as you suggested.

You're not wrong about Bitcoin either. It is indeed a safer type of crypto investment, but not without its risks, especially due to its volatility. For newbies like us (I always believe myself as newbie), its wiser to invest and hold for a long time

Gambling and investing in Bitcoin are two different things.People who are comparing Bitcoin with gambling they ignore the importance of Bitcoin .This can only be expected from people who have no knowledge and awareness about Bitcoin.Almost everyone wants to invest in Bitcoin, and those who have good capital are investing in it.

We all know how much profits have been made by people who invested in Bitcoin at the beginning of its existence.Still a good entry at the right time is likely to give a good profit in the future.On the other hand, gamblers are playing on their luck,and majority of people lose their savings.Neither your experience works nor your knowledge works.So how do people compare gambling and bitcoin?In one place you are playing with luck while in another place you are making good decisions based on your experience and knowledge.

The journey may be different when connecting gambling with investing in bitcoin, because no one wants to bet just by relying on luck. Bitcoin has a much more rational concept and road map, where there are times when repeated cycles will take us to the next stage of achieving ATH, gambling does not have such a concept and road map, so it completely relies on luck. I agree with your statement, that gambling is very unlikely to make someone richer and even if there is, perhaps only a small group has a much stronger financial level.

In fact, investing in bitcoin is much better than gambling and if we want to increase our finances then we should choose bitcoin as an investment. There are times when we gamble but it is not a routine job that is done all the time, but rather as mere entertainment and perhaps the biggest focus should be more on investing in Bitcoin if we want to get much better financial freedom.

It all depends on the idea anyone has in their head as to what gambling really means, some see any situation that has to do with giving money out to get money back as gambling while some see gambling as giving money out in  hopes to get money, to me they are all thinking the same thing just in their own different ways.

Which ever way they say it, so long you have to give money to get money it can be seen as gambling.

Just that it is not the type of gambling that low thinking minded persons think it is, when i say low thinking minded persons, i mean those who only know very little about bitcoin and how it works and so they tend to compare it to betting, casinos and all other kinds of gambling.

Like i said before, they are all right it just depends on how much the person knows about the words bitcoin and gambling.

Valuable assets like bitcoin are not to be spent on activities that end in vain. Gambling with fiat currency whose value can change within a certain period most people avoid it, I can't agree with people who use bitcoin for gambling. Regarding gambling, do as you wish with good self-control.

OP, bitcoin has really helped a lot of people in finance. People who once owned bitcoin and experienced huge profits due to achieving ATH, until now they are still trying to adopt it more to hold it until a new ATH occurs again. When people's lives are helped by bitcoin, with all their efforts they will try to own bitcoin even though there is a ban.

Bitcoin is not gambling, Bitcoin is an investment and once it is called an investment, there will be profit or loss. Not everyone who invests in bitcoin will make a profit, and no one will lose. Bitcoin cannot alone increase in price and bring wealth to everyone, so it is not entirely true that bitcoin will help everyone. It will benefit those who grasp the opportunity and have the right knowledge about it, while those who invest blindly and greedily will have to bear the losses.

It's really a very different thing to invest in Bitcoin from gambling, when gambling we really need luck to be able to win gambling, even though there are some gambling games that we can analyze about the gambling we are going to play, it still requires luck. I agree with you that when investing in bitcoin we need to understand it well and need a lot of experience to be able to get a profit from the investment.

You have not presented your information correctly according to your topic. And enough has been said about the difference between gambling and Bitcoin.

Many people gamble but they are not addicted to gambling and many are addicted. The difference is that those who gamble regularly and experience losses are the only ones who are addicted to gambling.  People who are addicted to gambling suffer losses.

There are people who have invested in Bitcoin in the past, will invest in the future, and are still investing. As I have heard a lot about bitcoin future, I would say that if you invest at the right time, you will definitely reap the benefits. And it has to be for a long time.

Those who compare Bitcoin to gambling are foolish because they don't have a good idea about it. Moreover, an experienced person would never say such things, only those who have less mental balance can make such comments. One who is once associated with Bitcoin will never get addicted to gambling because gambling is the biggest addiction. Till date very few people who have gambled have been able to get out of it and most people have lost all their money by gambling. That is why people who gamble excessively and are addicted to gambling should refrain from gambling and come back from it. If he invests in Bitcoin with the money he gambles with, he will definitely earn good profits in the future, so it is best to avoid the bad path and choose the good path.

Bitcoin is not gambling you are right. Bitcoin is an investment and there is no wrong way to use it. When comparing bitcoin with a gambling game, I think it is wrong with the vision of bitcoin which makes me say it would be a shame if a valuable asset like bitcoin were misused.
Profit and loss on investments is a habit that always follows. Luckily, people who invest in bitcoin in the long term rarely experience losses, not none.

Bitcoin is not a tool that brings wealth to everyone. You are right. But bitcoin can make a difference to its owners if they are willing to hold it firmly until the highest price is reached. It is very wrong if people use bitcoin as a tool to accelerate wealth.

Investors who understand investing will not go beyond their investment concepts and strategies. Bitcoin investors are different from altcoin investors or people who trade in altcoins. Greedy are the characteristics of investors or traders who do not deserve success in their investments.

It is human nature that he always wants to invest in a place where he gets good profit instead of loss. In gambling, the chances of anyone winning or making a profit are always very low. I don't know how people get interested in gambling even after seeing the loss in front of them. Looking at Bitcoin on the other hand, even if one does not have much experience with Bitcoin, investing in Bitcoin will not hurt anyone much.

The price of Bitcoin may fall below your buying price, but there is no risk of losing your investment because the price will return to your buying price, even if it is late. Even a newbie can get good profit if he invests in Bitcoin in bear season but the condition is that he should know bear season and bull season.While playing gambling, whether someone is new or experienced, both are equal and both have more chances of losing.

Yes true, the fact that bitcoin is the rational one when compared with something may cause some people feel like that's a refreshing thing, but that's also true. I believe that we are going to end up with something that is much larger if we are careful and we could just consider gambling is pure loss.

I understand that "some" people may have made some profit with it, but the reality is that we are not going to make a profit with it, and we are going to be pretty unlucky about it as well. So, when people end up with something that is wrong, that doesn't mean that they were always wrong, that just means that they got lucky or unlucky based on what happened. This is why it should be important to realize that bitcoin is far superior because it doesn't depend on luck.

Bitcoin is definitely safe for its privacy.  But since its price is not double, it never guarantees instant prophet to anyone. And it doesn't even behave in a way that can be compared to gambling. Gambling is a different thing that can never be compared to Bitcoin. Bitcoin is a coin with a lot of potential for the future so it can definitely be called safe.  But for the panic seller, Bitcoin is not safe as Bitcoin will lead to a bad experience for him. So Bitcoin is safe or not safe it depends on the activity of each person

Every person shares his opinion based on his experience may be the OP has gained lots of money due to bitcoin investment so its obvious that if something is beneficial for you and gives you money then you will appreciate it.

There is no doubt that beside bitcoin other coins and assets are also profitable but as greater achievement it offers to you there is no other coin like this. Some people will admire gold because gold will make them wealthy therefore we cannot say that what an OP said is false. Other coins are based on bitcoin and without bitcoin they have no existence so this can also be reason behind the statement what an OP stated.

Everyone has different views based on their understanding. People comparing Bitcoin to gambling does not mean they are mentally ill, but I will say that is their level of understanding because they don't have deep knowledge about Bitcoin. So, mate, I will say you should be using easy words whenever you are trying to address something like this, no matter how confident you are about something. Many of us are here to learn, and when we make mistakes, it is correction we need in understanding ways.
 
It is true that Bitcoin and gambling are not supposed to be compared because they serve different purposes, despite the fact that both involve risk. Bitcoin is a cryptocurrency, and it was created to serve as an alternative to fiat currency, not as a way of making profit. We should know that 1btc is always going to remain 1btc, no matter what the condition may be; it can only lose value. So holding Bitcoin is something of a big difference from gambling, where someone will lose everything forever. There is nothing like holding anything backup in gambling like When someone invests in bitcoin and it loses value, you will still have the bitcoin.
 
 

You misunderstood me. I in no way want to belittle the importance of bitcoin in world history. All I meant to say is that the OP is making this claim on behalf of the entire community. If I were him, I would simply write that "I believe bitcoin is the best crypto coin in the world". And that's it.

From what I understand from your content is that gambling will always be gambling and has nothing to do with bitcoin.  Bitcoin is an access that you can leave it to grow to make profit from it. Gambling is just a game you stake that the probability of losing it is always high. Investing bitcoin for longtime it is very certain to make good profit but gambling their is no guarantee to win, gambling is very risky you lose all your all your money at once. Do not consider gambling and bitcoin to be the same, they are two different things.

Actually, I don't understand the correlation between "bitcoin is life" and your explanation about bitcoin and gambling. However, discussing that people think that Bitcoin is often used in gambling is something that is true. Bitcoin is sometimes used as a form of payment on well-known gambling sites. It's just that this happens to almost all Fiats. In fact, in the real world, people use their items to bet on gambling.
After all, Bitcoin is a means of payment on the internet, so people will use bitcoin as they wish. it can be used for good things and for bad things depending on each individual.

The level of rationality will depend on their knowledge in understanding the positive impact provided by bitcoin, because even though bitcoin can provide financial freedom if they do not know the concept and how to invest correctly it also may not have an impact on an individual person. There are obviously advantages and disadvantages when it comes to gambling, the question is how consistently can we make a steady profit when gambling is full of speculation. Bitcoin clearly has a basis in providing profits and perhaps we can ignore the risks if the knowledge and investment method is done correctly.

Gambling does not have a concept like that and if we are lucky we will make a profit and if we experience unlucky/bad conditions we will definitely make a loss. The level of comparative rationality is certainly much more guaranteed in bitcoin compared to gambling, although in the end the consideration and choice is up to each of us.

OP is not talking about using bitcoin as a payment method or betting in gambling, what he is talking about is a comparison between investing in bitcoin and gambling. Investing in bitcoin gives us a better life while gambling will kill our future and make us lose everything we have. What he said is not wrong but I find comparing bitcoin with gambling to be a bad comparison because they are completely different. Bitcoin should be compared to valuable assets like gold and real estate, not to gambling.

But I agree with you, after all, bitcoin is just a means of payment, an asset, and whether people use it for good or bad purposes is human behavior, not bitcoin.

The future for those who gamble with Bitcoin is dire.  Currently bitcoin is recognized as the best currency in the world and we see everyone's future in bitcoin and the price of bitcoin is low due to market dump.  So those who want to make future with bitcoin buy bitcoin now and it will be very beneficial for our future. If we wait for bull market then bitcoin will definitely give good profit. Since bitcoin is a cryptocurrency, so it should not be related to gambling and everyone should stay away from gambling.

Is the information visible and understandable? Despite Bitcoin understanding, gains arent guaranteed. Its true that Bitcoin is more structured than gambling, but the market is still full with speculation.

Even though we understand the principle and how to invest, market movements may not always benefit us. Like gambling, Bitcoin investing involves luck. Having the correct knowledge and investment approach can boost our chances of making a profit, but we cannot overlook dangers. Folks should make informed decisions and be ready for every eventuality, profitable or not.

A lot have been said already about your choice of topic comparing to what you actually wrote about, we all know that Bitcoin is a digital asset not life, it's only God that gives life.

Comparing Bitcoin to gambling is madness, no body that has gained exposure or is enlightened will ever compare them both, Bitcoin will always take you to the next level financially if you possesses it, am be patient without selling it off, while gambling will not only humble you, it will bring you to the lowest level financially if you don't gamble responsible.

Don't immediately call the person mentally ill, it could be that they haven't studied Bitcoin well. Because in my country quite a lot of people say that Bitcoin is like gambling. They talk like that because many people use Bitcoin to cheat people, so they (the victims) think Bitcoin is also gambling. However, currently in my country there are many bitcoin communities that carry out activities such as educating people about bitcoin so that they don't misunderstand, and later they can differentiate gambling from bitcoin investment.

Bitcoin investing and gambling are very different, and both can be profitable if we use them responsibly and can control our emotions and vice versa. However, to pursue bright dreams in the future, Bitcoin is the choice, buy and hold.

Bitcoin CAN be the future due to the fact that it's the biggest coin, but as it is banned in China f.e. and states usually don't like decentralized money I wouldn't bet that Bitcoin is the future. I think the functionality of blockchains is a great infrastructure for a modern ecosystem, but if Bitcoin is really going to rise again it will be shut down in one way or another by governments.

It's not the value that makes Bitcoin not a suitable cryptocurrency for gambling but it's the volatility.

That's the point, Bitcoin is a volatile asset and its value can change anytime which makes it a bad choice for gambling. Just imagine, you are gambling using Bitcoin when its price is $30,000, and after a while when you have lost some money, you see that the price has moved to $32k, that's when you feel that you shouldn't have gambled with Bitcoins and you could have more value right now.

One more reason why one should use stablecoins when gambling is it makes it easier to keep a count of how much you've won or lost.

OP If you are talking about comparing Bitcoin to gambling. Then you know that Bitcoin is at the top number among currencies. And it is natural that every gambling platform will accept Bitcoin. Bitcoin and gambling will be traded on the side. Yes it's true gambling often ends people's lives.

Bitcoin is changing the lives of many people till date. Investing in Bitcoin today requires money. But hiring Bitcoin with less is good for life. If you notice Bitcoin has already gained 4% in price since the beginning of the new month. Expect to reach $100k during the bullrun.

In as much as I really struggled to understand the op, let me say that only those who are yet to fully understand what bitcoin is, are the ones who mostly compare it to gambling.

And again, as long as this forum is concern, no body in their right senses will compare investing in bitcoin to gambling, for it is understood that any body who join this forum should already have some basic knowledge of what bitcoin truly is and what problems its solving.

Gambling is an entertainment which offers it's players the opportunity to gain or make some profit, some thing that is unrelateably and completely different from investing in bitcoin, only lack of patience can make any one lose in bitcoin investment.

The speculative market is a force challenge investing in bitcoin and if bitcoin were not as volatile as it is today it might not be one of the best investments ever. What makes profits is not guaranteed is because people don't understand the concept of investment and they only invest based on people's invitations, so they don't have enough knowledge when the market is in a fairly declining condition. In fact, if they understand that bitcoin always has a repeating cycle, then all they need to do is be patient and wait for the market recovery until bitcoin has a moment of increasing selling value from buying value.

The simple logic is quite clear when people investing money in bitcoin can provide real profits in the investments they make. The condition is that they invest correctly and do not cause panic when Bitcoin experiences a severe correction in the market. That's why we often say that when someone wants to get involved in bitcoin the first step they need to do is to learn the right way.

Of course, OP I agree with you. Bitcoin should not be compared to gambling. I should trade in bitcoin and invest in bitcoin long term this is less risk. and gambling is full of high risk, it doesn't take long for a man to be completely destitute in gambling, and it doesn't take long to become rich. As far as I know most people lose their money in gambling and end up completely destitute. So we should refrain from gambling and invest in Bitcoin for long term.

Mr. Op is barely interested in this topic. He just wanted to firm some merits because his other account got some merits by opening a similar topic and he thought why not create another account and create another thread so I can get some merits? This user is from our local community and can barely write English. If you criticize him, he will ignore you and won't reply.

I am glad he stopped posting in this thread stopped creating useless threads and returned to where he belongs (The Bounty Board). I don't know if this reply will bring him back here. But I don't want to poke him and wake him up to create more threads  :D :D