Gambling. Is It Wrong?

[t0pnotch]

I basically broke even so far when I comes to gambling, and I've bet thousands across different sites. Some days you win big, others you get wreaked.

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[Chemistry1988]

I personally gambled every satoshi I have had in my possession because I don't consider Bitcoin as money.

How can you not consider bitcoin ad money? It's a currency, although a decentralized virtual one, but you can convert it back to $ or wtv man, so it is money.

I never figured how to convert it to real money and I spent decades gambling online. Using bitcoin to combat my addiction is better than using real money so when I lose I also win in a way.

wow you are a Hero member and you never figured it out? Anyway I don't want to ruin your gambling strategy but it's quite easy to convert btc into dollars or other currencies. You can use payza for example, or neteller, or btc-e (or many others, but these are the ones I normally use).

There are also decentralized platforms like localbitcoins, bitcoin.de and Mycelium Local Trader. Or you could spend your bitcoin on goods and services directly using Gyft, purse.io and numerous bitcoin accepting merchants.

[Banjiro]

I personally gambled every satoshi I have had in my possession because I don't consider Bitcoin as money.

How can you not consider bitcoin ad money? It's a currency, although a decentralized virtual one, but you can convert it back to $ or wtv man, so it is money.

I never figured how to convert it to real money and I spent decades gambling online. Using bitcoin to combat my addiction is better than using real money so when I lose I also win in a way.

wow you are a Hero member and you never figured it out? Anyway I don't want to ruin your gambling strategy but it's quite easy to convert btc into dollars or other currencies. You can use payza for example, or neteller, or btc-e (or many others, but these are the ones I normally use).

There are also decentralized platforms like localbitcoins, bitcoin.de and Mycelium Local Trader. Or you could spend your bitcoin on goods and services directly using Gyft, purse.io and numerous bitcoin accepting merchants.

What happen with purse.io?
Because i get message WARNING:  Phishing Attack on Purse
Dear Purse User,

Some users have reported phishing sites that appear to be Purse, but exist only to steal your login credentials. Here’s what you can do:

Enable 2 Factor Authentication using Authy. [Instructions]
Do not click on links that are not sent by suspicious users or emails.
We will soon add features that will reduce this threat.

[Chemistry1988]

-quotes-

What happen with purse.io?
Because i get message WARNING:  Phishing Attack on Purse
Dear Purse User,

Some users have reported phishing sites that appear to be Purse, but exist only to steal your login credentials. Here’s what you can do:

Enable 2 Factor Authentication using Authy. [Instructions]
Do not click on links that are not sent by suspicious users or emails.
We will soon add features that will reduce this threat.

Nothing really happened AFAIK. Someone was sending out phishing emails trying to scam purse.io users, purse.io noticed the phishing attempt and sent out emails to warn its users. And as always, you should enable 2FA and should never click links in emails (including those seemingly real ones).

[Erza]

I personally gambled every satoshi I have had in my possession because I don't consider Bitcoin as money.

What are you saying? You dont consider bitcoin as money? In some way you are not see bitcoin as money but you still can change bitcoin into your own currency and that will become your money too in the end if you are not busted so try not to gamble every penny that you have, try to save some or later you will regret it

[knowhow]

I guess were some kind of joke saying bitcoin isnt money,anyway,gambling isnt a bad but isnt a good thing to do with precious bitcoins.

[nejibens]

hello everyone.
i want to know what do you think about gambling bitcoin.. Does Beneficial or more losses?
Share your story here guys! 

Hello.

Gambling bitcoin or any other currency is really bad thing because the risk is high enough to lose all your money in just some seconds.

So i dont advice anyone to make gambling because the only winner is the casino or the site owner.

We can search other good tools to make bitcoin online, even if its small amounts, but there is no risk to lose everything, like gambling.

[relq]

Its depend of your winning. If you lose its wrong, and if you win its not wrong lol. nah, i think gambling its not wrong, why wrong ? it's can make you easy earn money and easy lose money. so be wise about gambling.

[jpouza]

hello everyone.
i want to know what do you think about gambling bitcoin.. Does Beneficial or more losses?
Share your story here guys! 

Hello.

Gambling bitcoin or any other currency is really bad thing because the risk is high enough to lose all your money in just some seconds.

So i dont advice anyone to make gambling because the only winner is the casino or the site owner.

We can search other good tools to make bitcoin online, even if its small amounts, but there is no risk to lose everything, like gambling.

Could you please help us, post some examples! 

[phibay]

hello everyone.
i want to know what do you think about gambling bitcoin.. Does Beneficial or more losses?
Share your story here guys! 

Hello.

Gambling bitcoin or any other currency is really bad thing because the risk is high enough to lose all your money in just some seconds.

So i dont advice anyone to make gambling because the only winner is the casino or the site owner.

We can search other good tools to make bitcoin online, even if its small amounts, but there is no risk to lose everything, like gambling.

can you provide more details regarding to other tools to make bitcoin online. that's quite interesting, i'd love to earn without any risk

[aakashsangwan]

Gambling. Is it Wrong?

Their are two types of Gambling.

1) Casino, Dice, Poker, Roulette, etc., in this mostly the site owner wins , who ever plays will always lose his money or bitcoins,

2) Sports Betting ( Soccer, Cricket, Tennis, etc.,) in this mostly you cannot become millioner in one shot but if you do trading type but analysing the teams and matches , or get help from the professional you can earn Slowly slowly money or bitcoins.

[SyGambler]

Gambling. Is it Wrong?

Their are two types of Gambling.

1) Casino, Dice, Poker, Roulette, etc., in this mostly the site owner wins , who ever plays will always lose his money or bitcoins,

2) Sports Betting ( Soccer, Cricket, Tennis, etc.,) in this mostly you cannot become millioner in one shot but if you do trading type but analysing the teams and matches , or get help from the professional you can earn Slowly slowly money or bitcoins.

Poker !! do you mean casino poker or multiplayer poker ??
multi player poker is a beatable game and you can make money from it more than a sportsbettor , yes the site makes money cause they take rake but this doesn't mean that players will always lose their money
the site is for sure winner but also good players are sure winners

[Lutpin]

Poker !! do you mean casino poker or multiplayer poker ??
multi player poker is a beatable game and you can make money from it more than a sportsbettor , yes the site makes money cause they take rake but this doesn't mean that players will always lose their money
the site is for sure winner but also good players are sure winners

I agree with you. Sites take their house edge, EV for player is negative, doesn't mean everyone loses all their money in gambling though.

Gambling. Is it Wrong?
Their are two types of Gambling.
1) Casino, Dice, Poker Roulette, etc., in this mostly the site owner wins , who ever plays will always lose his money or bitcoins,
2) Sports Betting ( Soccer, Cricket, Tennis, etc.,) in this mostly you cannot become millioner in one shot but if you do trading type but analysing the teams and matches , or get help from the professional you can earn Slowly slowly money or bitcoins.

sportsbets might be more predictable than simple odd games like dice or roulette, but your bookie is no saint either, like the siteowner of (dice)casinos, the bookie "mostly [...] wins"
And then again, those predictions can fail also. I remember the recent soccer game of the Netherlands vs. Iceland to be called as a safe win, and how did that turn out?

[nejibens]

hello everyone.
i want to know what do you think about gambling bitcoin.. Does Beneficial or more losses?
Share your story here guys! 

Hello.

Gambling bitcoin or any other currency is really bad thing because the risk is high enough to lose all your money in just some seconds.

So i dont advice anyone to make gambling because the only winner is the casino or the site owner.

We can search other good tools to make bitcoin online, even if its small amounts, but there is no risk to lose everything, like gambling.

can you provide more details regarding to other tools to make bitcoin online. that's quite interesting, i'd love to earn without any risk

There is many methods like mining, trading (if you have good experience in this ), and even sig campaigns, you can also sell your goods or services online.
at least in this tools -except trading sometimes- you can't lose all your bitcoin, you can only without any risk.

[BitCentral]

hello everyone.
i want to know what do you think about gambling bitcoin.. Does Beneficial or more losses?
Share your story here guys! 

Hello.

Gambling bitcoin or any other currency is really bad thing because the risk is high enough to lose all your money in just some seconds.

So i dont advice anyone to make gambling because the only winner is the casino or the site owner.

We can search other good tools to make bitcoin online, even if its small amounts, but there is no risk to lose everything, like gambling.

can you provide more details regarding to other tools to make bitcoin online. that's quite interesting, i'd love to earn without any risk

There is many methods like mining, trading (if you have good experience in this ), and even sig campaigns, you can also sell your goods or services online.
at least in this tools -except trading sometimes- you can't lose all your bitcoin, you can only without any risk.

Can you give more info about your trading or mining place? 
I didnt see any good mining or trading place for now.

[leex1528]

When you gamble, Make your own rules, and FOLLOW them strictly. 

I have a lot of rules when I gamble, I have "fun" money whether it be bitcoin or cash.  I don't ever lose more than that what I had set aside for the fun money.

Also-know when to quit when you are ahead, I don't ever set a goal for how much I want to be up, because if you are so close to that amount, you might never hit it and then be out of money.  Usually depends on the situation, but if I hit a couple lucky runs, I will say, ok, I am going to be up this amount no matter what, and replace my fun money with profits, so that even if I lose, I still maintain my profit.

Use gambling as a time for fun, don't try to get rich out of it.

[Jhindra]

It will take your Satoshi... Better mining than gambling... :3

[BitCentral]

When you gamble, Make your own rules, and FOLLOW them strictly. 

I have a lot of rules when I gamble, I have "fun" money whether it be bitcoin or cash.  I don't ever lose more than that what I had set aside for the fun money.

Also-know when to quit when you are ahead, I don't ever set a goal for how much I want to be up, because if you are so close to that amount, you might never hit it and then be out of money.  Usually depends on the situation, but if I hit a couple lucky runs, I will say, ok, I am going to be up this amount no matter what, and replace my fun money with profits, so that even if I lose, I still maintain my profit.

Use gambling as a time for fun, don't try to get rich out of it.

It will take your Satoshi... Better mining than gambling... :3

Agreed.
Better mining than gambling.
But when you choose to gambling.. "Make your own rules, and FOLLOW them strictly."
Nice quote leex1528

[zero01]

It will take your Satoshi... Better mining than gambling... :3

that's true but the loss of the gambling borne players :3

[knowhow]

currently mining isnt for all pockets ,if bitcoin price raises a lot of old miners would return into the process,gamblin will lead into a loss in a short time,soo better invest or trade bitcoins,but well investments arent 100% safe otherwise a huge ammount of bitcoins would be at just one place already.