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Author Topic: Bitcoin is not gambling  (Read 17985 times)
truecrusader666
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December 16, 2017, 07:08:20 PM
 #1461

I don't know why people say bitcoin is gambling. Its not gambling. You are investing your money and time. You use your internet. So its not gambling dealing with it.

I think it depends on the usage given by the holder if its gambling or not, if you run horse races with your bitcoins of course its gambling, likely what you do with the FIAT.
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FiiNALiZE
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December 16, 2017, 07:41:16 PM
 #1462

From my experience both are different things . Bitcoin and gambling both differ from each other like gambling is a game in which possiblities of both the people are equal one people will win and other will lost but in bitcoin it is a kind of work in which both the people are paid for this like one people is work under the another people and both take the payment of their work means in gambling one people is lost their money and another is gain the money but in bitcoin both the people is gain the money no one lost the money.
I also wouldn't gamble any Bitcoins unless I had over 50 Bitcoins that I can just throw away. There is a lot of people losing money from gambling.

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BelieveInBTC
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December 16, 2017, 11:24:37 PM
 #1463

Some people consider any kind of investment as a gambling. The same thing goes for Bitcoin. Personally, I think that Bitcoin is a great investment in our future. However, every investment is a bit risky. You can lose your money due to many factors such as lack of experience, bug or even a crash of Bitcoin. I would recommend every person who want to invest in Bitcoin to learn a little about it before they buy it.
almighty_lama2
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December 16, 2017, 11:25:34 PM
 #1464

Of course is not gambling, is no different than FIAT or commodities trading
Stivenson
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Today at 12:49:51 AM
 #1465

Gambling is the wagering of money or something of value on an event with an uncertain outcome with the primary intent of winning money or material goods.
Bitcoin is not gambling. Bitcoin can be used for gambling purposes, but initially Bitcoin is a cryptocurrency with plenty of utilities.
You cannot say Internet is gambling only because of online Casino websites in internet.

KrisAlex18
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Today at 12:58:21 AM
 #1466

I don't know why people say bitcoin is gambling. Its not gambling. You are investing your money and time. You use your internet. So its not gambling dealing with it.
Bitcoin is not really a gamble but if you are going to try earning through it, you can consider it as a gamble knowing that it is risky and the assurance that you will win is not that pure. Gambling is a way to earn here in bitcoin and we all know how dangerous it is. Bitcoin can be usedfor gambling but it is not gambling itself instead it is just a cryptocurrency with a volatile value and a transparent feature.

airdnasxela
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Today at 01:03:26 AM
 #1467

I don't know why people say bitcoin is gambling. Its not gambling. You are investing your money and time. You use your internet. So its not gambling dealing with it.
Bitcoin is a cryptocurrency which is being used in gambling and that doesn't make it clear to say that bitcoin is a gambling instead it is the one that is being used in gambling. We are all aware that bitcoin ever since has been used in many ways due to its volatility. Earning in bitcoin is both risky as gambling. You don't know if you will always be successful that's why it is important that you're ready for any possibility.

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Today at 01:29:09 AM
 #1468

Bitcoin is not a gambling sometimes its just that its pastime and i dont see any negative about gambling. Gambling is not a sin. Its just taking the risk of your money it can be win or lose. You can predict what happen in many years. As long as you dont have people go down.its not a sin

BlackRock
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Today at 01:32:03 AM
 #1469

investing in Bitcoin is should not be considered as gambling if the person is spending his time in doing the appropriate research before investing. However, if someone is not doing any research and directly putting his money with the expectations to get good returns on his capital then I will call it a gambling because there won't be any scientific base for such investment and gambling is nothing but to put money in some system (we call it games for our entertainment) having unpredictable random outcomes

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Today at 01:33:39 AM
 #1470

I don't know why people say bitcoin is gambling. Its not gambling. You are investing your money and time. You use your internet. So its not gambling dealing with it.
Bitcoin is a digital money, cryptocurrency, a coin and definitely not a gambling. It is a money that people use in online gambling activities. But for me bitcoin is a business. It is investment. Investment with profit and where you give your effort and of course your time so that you will succeed in making money through bitcoin.

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