aizzaku (OP)
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January 15, 2016, 07:37:18 AM |
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Buying bitcoin is more like gambling ? can u justify that.
I believe gambling with money on chances is gambling. Buy bitcoins is currecy exchange what gambing in that... i agree that the price is highly volatile but if u see its is never going back to $1 -.-
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davinchi
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January 15, 2016, 09:06:48 AM |
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Buying bitcoin is more like gambling ? can u justify that.
I believe gambling with money on chances is gambling. Buy bitcoins is currecy exchange what gambing in that... i agree that the price is highly volatile but if u see its is never going back to $1 -.-
I think buying bitcoins is a gambling LOL, because you are never sure whether the price can go up and down , and surely it will in one way little or more. I love to buy bitcoin and wait for price rise. If we are ready to hold bitcoins for long term then the risk like gambling will fade away over time.
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pooya87
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January 15, 2016, 12:14:00 PM |
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Buying bitcoin is more like gambling ? can u justify that.
I believe gambling with money on chances is gambling. Buy bitcoins is currecy exchange what gambing in that... i agree that the price is highly volatile but if u see its is never going back to $1 -.-
I think buying bitcoins is a gambling LOL, because you are never sure whether the price can go up and down , and surely it will in one way little or more. I love to buy bitcoin and wait for price rise. If we are ready to hold bitcoins for long term then the risk like gambling will fade away over time. investing and risking is so different from gambling! you are confusing this two. both have risks but you have no way of predicting the outcome of a bet in gambling whereas you can predict (or better said speculate) the outcome of your investment. ofcourse if you invest in anything (not only bitcoin) without any knowledge and experience then it would become a high risk gamble.
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aizzaku (OP)
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January 15, 2016, 12:44:14 PM |
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Buying bitcoin is more like gambling ? can u justify that.
I believe gambling with money on chances is gambling. Buy bitcoins is currecy exchange what gambing in that... i agree that the price is highly volatile but if u see its is never going back to $1 -.-
I think buying bitcoins is a gambling LOL, because you are never sure whether the price can go up and down , and surely it will in one way little or more. I love to buy bitcoin and wait for price rise. If we are ready to hold bitcoins for long term then the risk like gambling will fade away over time. investing and risking is so different from gambling! you are confusing this two. both have risks but you have no way of predicting the outcome of a bet in gambling whereas you can predict (or better said speculate) the outcome of your investment. ofcourse if you invest in anything (not only bitcoin) without any knowledge and experience then it would become a high risk gamble. Exactly, exchanging currency is more of a investment, and like every investment you first study the pros and cons and in this case.. u will see how the market trend is and then invest. Gambling on the other hand is purely luck.. even if u have 99% win rate.. that 1% will make u lose
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phibay
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January 15, 2016, 01:02:00 PM |
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Yes but how many HYIP schemes do you know that are legit and actually pay out? Only legit one was by the Ponzi guy and everybody who invested early with him, not the people that invested late.
as for my experience, all hyips i've been to was all paying but it doesn't mean they are legit. just like what you've said, early investors and of course, the ponzi owner, will be always the winner. being an early bird is a good strategy if someone wants to make profit with ponzi schemes. Please stop encouraging people that early 'investor' will always get profit because it kinda seems like some people will win while some dont. If you actually think stealing people's money away is a good attitude than you are free to do this, those who get money from ponzi is no better than a thief i dont encourage people, i even warn people about ponzis(look at my personal message). if i sound like encouraging people, then sorry about that ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) stil i'll stick to my word, i am just stating a fact.
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rickadone
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January 15, 2016, 01:13:32 PM |
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Buying bitcoin is more like gambling ? can u justify that.
I believe gambling with money on chances is gambling. Buy bitcoins is currecy exchange what gambing in that... i agree that the price is highly volatile but if u see its is never going back to $1 -.-
I think buying bitcoins is a gambling LOL, because you are never sure whether the price can go up and down , and surely it will in one way little or more. I love to buy bitcoin and wait for price rise. If we are ready to hold bitcoins for long term then the risk like gambling will fade away over time. Buying bitcoin is not kind of gambling. In any way.... ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) I invested recently in a HYIP and made little profit, I am now starting to believe that HYIP is gambling as I never know which time I would get my money back and when not.
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aizzaku (OP)
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January 15, 2016, 02:01:24 PM |
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Buying bitcoin is more like gambling ? can u justify that.
I believe gambling with money on chances is gambling. Buy bitcoins is currecy exchange what gambing in that... i agree that the price is highly volatile but if u see its is never going back to $1 -.-
I think buying bitcoins is a gambling LOL, because you are never sure whether the price can go up and down , and surely it will in one way little or more. I love to buy bitcoin and wait for price rise. If we are ready to hold bitcoins for long term then the risk like gambling will fade away over time. Buying bitcoin is not kind of gambling. In any way.... ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) I invested recently in a HYIP and made little profit, I am now starting to believe that HYIP is gambling as I never know which time I would get my money back and when not. Even same happened with me.. i invested in hyip and lost. so then it clicked my mind.. this is similar to gambling.. u win if u know when to get out or u lose in the long run
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Dr.Osh
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January 15, 2016, 02:16:38 PM |
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I do not know, I guess it is different, in the HYIP you can add bitcoin that you have in a few days, weeks, or months, but I do not know for sure bitcoin is in use as capital to gamble or not, but I guess he's just playing the trading and sharing the results with you according to the agreement of HYIP websites
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Altcoin4life
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January 15, 2016, 02:37:28 PM |
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Hi Nearly all HYIP schemes are complete scams. You should not be fooled by them at all. They are simply classic pyramid schemes, where the first investors are paid with the capital of the later investors.
When the owner has made enough profit he just simply disappears leaving a lot of people with lost money.
I would say avoid HYIP schemes
Thanks
-------------------------------------------------------- Altcoin4life Contact between 2-10 pm UK time only! --------------------------------------------------------
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phibay
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January 15, 2016, 02:51:47 PM |
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Buying bitcoin is more like gambling ? can u justify that.
I believe gambling with money on chances is gambling. Buy bitcoins is currecy exchange what gambing in that... i agree that the price is highly volatile but if u see its is never going back to $1 -.-
I think buying bitcoins is a gambling LOL, because you are never sure whether the price can go up and down , and surely it will in one way little or more. I love to buy bitcoin and wait for price rise. If we are ready to hold bitcoins for long term then the risk like gambling will fade away over time. Buying bitcoin is not kind of gambling. In any way.... ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) I invested recently in a HYIP and made little profit, I am now starting to believe that HYIP is gambling as I never know which time I would get my money back and when not. Even same happened with me.. i invested in hyip and lost. so then it clicked my mind.. this is similar to gambling.. u win if u know when to get out or u lose in the long run thats one of the similarities of hyip and gambling, everyone will lose in the long run. in gambling, if you don't know when to stop and you'll keep going, you'll just lose in the end ; and on hyip, they dont live long so if you let your investment stay for a long time, your btc will be vanished. it somehow proves hyip=gambling.
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sukamasoto
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January 15, 2016, 03:08:11 PM |
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HYIP = gambling !
The different is HYIP provide no reason why do you lose meanwhile gambling give you reason why you lose by verifying the bet ( trustable gambling site )
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aizzaku (OP)
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January 15, 2016, 03:10:32 PM |
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phibay.. now u getting my point ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) the reason im comparing hyip with gambling is this. but people are not understanding and being mighty and full of themselves
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2legit2
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January 15, 2016, 03:17:32 PM |
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hyip is in fact gambling, both things allow people to win money if they are lucky and lose a lot if people are not lucky, in my opinion both are gambling just the type is different
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gizane
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January 15, 2016, 03:57:13 PM |
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Buying bitcoin is more like gambling ? can u justify that.
I believe gambling with money on chances is gambling. Buy bitcoins is currecy exchange what gambing in that... i agree that the price is highly volatile but if u see its is never going back to $1 -.-
I think buying bitcoins is a gambling LOL, because you are never sure whether the price can go up and down , and surely it will in one way little or more. I love to buy bitcoin and wait for price rise. If we are ready to hold bitcoins for long term then the risk like gambling will fade away over time. Buying bitcoin is not kind of gambling. In any way.... ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) I invested recently in a HYIP and made little profit, I am now starting to believe that HYIP is gambling as I never know which time I would get my money back and when not. Even same happened with me.. i invested in hyip and lost. so then it clicked my mind.. this is similar to gambling.. u win if u know when to get out or u lose in the long run thats one of the similarities of hyip and gambling, everyone will lose in the long run. in gambling, if you don't know when to stop and you'll keep going, you'll just lose in the end ; and on hyip, they dont live long so if you let your investment stay for a long time, your btc will be vanished. it somehow proves hyip=gambling. What are you saying? That is their program to put your money like may be 3 days or 4 days or even a week later so you will the get the payment after you wait the X time that they set. So it doesnt prove that gambling is same as hyip. I think everyone sure wants to put their money like 1 hour that but the program makes you feel they are using your money to get some profit but in the mean time they just scam you guys without you even notice it so gambling and hyip will never be the same from every angle that you see
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Kevin77
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January 15, 2016, 05:32:28 PM |
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hyip is in fact gambling, both things allow people to win money if they are lucky and lose a lot if people are not lucky, in my opinion both are gambling just the type is different
I sometimes feel we can make good profit with HYIPs too , because see when the HYIP is new (like one or to days old) it will not scam and we can invest in that to gain profits, at the same time we can loose too though with an one day old HYIP programs.
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Equinoxx
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January 15, 2016, 05:37:49 PM |
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hyip is in fact gambling, both things allow people to win money if they are lucky and lose a lot if people are not lucky, in my opinion both are gambling just the type is different
I sometimes feel we can make good profit with HYIPs too , because see when the HYIP is new (like one or to days old) it will not scam and we can invest in that to gain profits, at the same time we can loose too though with an one day old HYIP programs. It is just a risk in general. If you deposit over there 'goal' they will close. So even if you deposit 0.001 on the first day you get like 0.0011 back or something. Yes its 100% but if you deposit 0.1+ they will probably take that and start again.
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pereira4
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January 15, 2016, 07:11:38 PM |
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HYIP = gambling !
The different is HYIP provide no reason why do you lose meanwhile gambling give you reason why you lose by verifying the bet ( trustable gambling site )
Well, HYIP give reasons as to why the business was not a success, another different story is if this is as verifiable as a gambling site with proper security measures. I hope that in the future we can do decentralized HYIP and we can know and verify where all the money is moving to and see the flow of all the money's investors, to see if its being put to good use or its about to become yet another scam.
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bitgolden
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January 16, 2016, 08:22:59 PM |
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HYIP means you are trusting the owner and dont know surely about results. While gambling you have to trust the game or rather sport ( if sportsbook ) . I think risk is equal though.
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fullypak
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January 17, 2016, 12:33:35 AM |
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HYIP means you are trusting the owner and dont know surely about results. While gambling you have to trust the game or rather sport ( if sportsbook ) . I think risk is equal though.
I think your not correct because trusting some one else, who trust you don't even know is very dangerous than trusting well reputed gambling sites. IN gambling at least you can have some fun so if you lose you can think that you paid some fee for your entertainment but in hyip people are scamming you. Both are completely different but end result may be same in some cases.
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klf
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January 17, 2016, 12:56:11 AM |
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HYIP means you are trusting the owner and dont know surely about results. While gambling you have to trust the game or rather sport ( if sportsbook ) . I think risk is equal though.
Hyip sites will scam you means you will be cheated by some one but in gambling you will try your luck with some sort of games, if you lose than you will get some kind on enjoyment or thrill from these games. So I think these two are not same like you said.
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