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Author Topic: Bitcoin is not gambling  (Read 20829 times)
nurlela
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November 16, 2017, 12:22:20 AM
 #1101

Gambling is a bet activity, just about lose or win.
Bitcoin (bitcoin trading) is a buying or selling decision that involves many aspects from market research and analysis.
if you buy bitcoin for $5k and then bitcoin down at $4k, you can hold it until the price rises. amount of bitcoin you have is fixed not diminish.
if people say gambling, business also gambling, life is also gambling because we never know our future.
Does anyone know his future?
The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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Faxmate
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November 16, 2017, 03:39:35 PM
 #1102

I do not see it as gambling, because in terms of investing and trading bitcoin can be analyzed, so for those who rate bitcoin as gambling possibilities because they have not understood about bitcoin as a whole and its analysis.
No bitcoin is not a gambling it’s a digital currency and you can use it for your daily expanse because bitcoin is here to help us and I think gambling is not a good for earning although you can make money in gambling but there is also a chance to lose your money so bitcoin is such a currency which need your hard work only and will give you a reward.
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November 16, 2017, 03:46:04 PM
 #1103

bitcoin is not a gambling, but in general trading is very similar to gambling, because it's very important luck, intuition and good calculation...like in gambling))
MD Nur Hossain
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November 16, 2017, 03:54:28 PM
 #1104

I noticed many times some people say Bitcoin is gambling or look like a bubble.But definitely it's a wrong idea.There are have no good knowledge about
Bitcoin i think.Bitcoin up & down every second that's mean it's not a gambling or bubble.
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November 16, 2017, 04:04:23 PM
 #1105


I think bitcoin is not gambling, just a layman who says bitcoin is a gamble, Bitcoin is a virtual currency developed in 2009 by someone under the pseudonym of Satoshi Nakamoto. This currency is like Rupiah or Dollar, but it is only available in the digital world. Kiss
Kupid002
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November 16, 2017, 04:34:51 PM
 #1106

I noticed many times some people say Bitcoin is gambling or look like a bubble.But definitely it's a wrong idea.There are have no good knowledge about
Bitcoin i think.Bitcoin up & down every second that's mean it's not a gambling or bubble.
lack of knowledge this is one thing why they make some news or information about bitcoin because they dont really know what bitcoin is and they dont want to know so they just say some information that is not true about bitcoin so let say they tell that but if you are the people person that having knowledge about bitcoin can against on that and correct for what bitcoin is real are.

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bunglor
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November 16, 2017, 04:38:45 PM
 #1107

I strongly agree, bitcoin is not gambling, I strongly believe it, here how we do speculation in business buying and selling existing contract sale. there is no coercion and there is no form of persecution that is in the shari'a of Muslims Wink Wink
leex1528
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November 16, 2017, 04:41:04 PM
 #1108

Bitcoin is not a currency, and it is an investment at the current moment, so absolutely it is gambling.  Just like the stock markets, gambling.  Legalized gambling.  Its not a currency because we can't use it for whatever we want yet.  So therefore, its an investment that we can trade for currency and all investments are gambles.
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November 16, 2017, 04:45:03 PM
 #1109

I agree to others. Bitcoin is just a currency. Some people confuse others by calling it gambling because they seem like to not know what it really is. When you invest real money into somewhere and then it gives you BTC, then such kind of activity may be called as gambling, but not the currency itself.

I to agree with you because many people are using Bitcoin for gambling. So it makes them to feel that Bitcoin is gambling but I never felt Bitcoin is currency where very soon you can use it to buy all resources you want with Bitcoin.

Bitcoin is not a gambling because it is not an addiction to just a kind of work. I treat it as a hobby, and at the same time work. Thanks to that I am happy in what I do and feel confident in it.
Exactly Bitcoin will not make you an addict as long as you do not love the technology of Bitcoin. But, do you love the value of Bitcoin Roll Eyes? Example if you love the value of Bitcoin and when it increases the price, do you want to make more money through trading Bitcoin? And there are a lot of people are addicted "trading" Bitcoin.
I agree with you but i personally think it is gambling because you put money on it and wait till you actually make profit that means you are gambling but with a higher percentage of winning and that is what i think about bitcoin and altcoins.
ubeng07
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November 16, 2017, 04:53:25 PM
 #1110

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 currency why would any person call it gambling
you can say that people trying to say that it was a gambling is not having enough knowledge about bitcoin so they tell that it was a gambling.
f150
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November 16, 2017, 05:02:54 PM
 #1111

Bitcoin in my opinion is not a gamble, for me bitcoin is an investment asset. Probably someone who says bitcoin gambling is not a bitcoin user but someone who does not know anything about bitcoin, but there are also bitcoin users who play gambling using bitcoin.
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November 17, 2017, 08:43:42 AM
 #1112

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 gambling only to those some people who are not really know the significant of it. Some people use bitcoin for illegal transaction but does not mean bitcoin is gambling. They over used the power of bitcoin in order for them to do greefy things and do illegal things. Bitcoin is still money it depends on us on how we use it.




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Gens09
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November 17, 2017, 09:48:15 AM
 #1113

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 people call the bitcoin gambling because people earned a lot here like in gambling even in a young age they can earn as big as 100k a month no one will believe it right? but here in bitcoin that's possible in the reality the work or the income we earned can not big as we earned here unless you are professional or in a high ranking position like ceo or in external affairs manager like that so I bet that's the reason why people believe that btc is gambling
jbarrera05
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November 17, 2017, 09:54:26 AM
 #1114

for me bitcoin is not a gambling , and it depends on how you use it .
DMC_Ken
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November 17, 2017, 09:55:37 AM
 #1115

For me bitcoin is not a gamble, because I'm like taking a job to get some money for myself, but for them it is gambling, because they think that they can lose or win just like a game.
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November 17, 2017, 10:00:40 AM
 #1116

Let them alone. We use our knowledge and technical skill to trade and invest. It is not a gambling! You should not care anyone. Try your best and earn more money.

patz22
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November 17, 2017, 11:07:08 AM
 #1117

Bitcoin is defined as a currency nowadays and it is not gambling, earning/getting BTC for me is gambling since there's a lot of ways for us to earn/ it. Investing your money/time to IT is gambling since its either you gain/earn or lose same goes in trading you BTC to altcoins.
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November 17, 2017, 11:19:35 AM
 #1118

Though i didn't trust!!whether it's true or not i don't even know but I have heard that bitcoin is used for illegal purpose....it can be rumour or really true
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November 17, 2017, 11:31:39 AM
 #1119

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 dont know if someone said its gambling, but we know its not gambling. Some uses it as an investment and when we say investment,  its like gambling they have similar features. Because investing in Bitcoin bears a risk, you may win or may lose, but unlike gambling we know it has a higher risk than investing btc. You'll win with Bitcoin in a long run, while in gambling you could be rich or poor in an instant.
Some uses it as a way of earning, just like me, my only investment is time.

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November 17, 2017, 11:43:13 AM
 #1120

In fact, most people invest in bitcoin because they want to make money and want to become a millionaire. Only a small part of them believe that bitcoin will become a currency. Most people are gambling, bet Bitcoin can make money. Really believers are few. Smiley
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