Aprodite
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December 31, 2017, 05:00:45 AM |
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Bitcoin is not gambling. bitcoin is a container for investing money into digital form. Bitcoin is almost the same as gold. We do not give a bet to win or lose, but we need time to get good value from the investment. The nature of investment is to plant and wait; results are determined by time.
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"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
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LAODINGTOU
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December 31, 2017, 05:03:18 AM |
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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.
Because they don't know bitcoin, so they think it's a ponzi scheme, it's a speculative game, but it's a silly idea.
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Imraulrafi
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December 31, 2017, 05:05:03 AM |
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sometimes bitcoin is gambling, Because there is no logic or logical reason behind predicting what will be the future value. When this uncertainty increases, it's actually more like gambling
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randy321
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December 31, 2017, 05:13:33 AM |
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I can understand people who say it's gambling, because it's a highly volatile asset. You should always withdraw a portion of your gains and convert it into fiat or another stable asset in order to diversify.
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beej
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December 31, 2017, 05:46:37 AM |
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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.
How can bitcoin be gambling? Maybe those people misinterpreted what bitcoin is all about. Furthermore it's profoundly amusing to realize that those same set of individuals whom utterly spoke and mistakenly defined bitcoin as gambling. Bitcoin is a type of digital currency, a modern form of investment and it is highly volatile but it is profitably valuable as money. Risks can also be associated with gambling, money, currency, investments and bitcoins as well. Maybe that's why they associate it with gambling because a lot of sites render and utilize bitcoins over cash as price and fee for the services offered.
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Puppey
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December 31, 2017, 06:19:08 AM |
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it is not gambling unless you go into some website that uses btc as a money in gambling
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Opekin
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December 31, 2017, 06:23:22 AM |
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sometimes bitcoin is gambling, Because there is no logic or logical reason behind predicting what will be the future value. When this uncertainty increases, it's actually more like gambling
It is not actually gambling but it is trading. Gambling indeed, is the pessimistic view of gaining profit in the fastest way with the help of hope and luck. Trading is strategizing, making it sure that you understand the situation. In both, win or lose is uncontrollable but mind you, bitcoin is not gambling unless you choose to use it for gambling.
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Farhan786
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December 31, 2017, 06:26:25 AM |
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Bitcoin is Digital Currency which will many people had benefits the high value of currency, usually the basic technic of investment of bitcoin to prevent your money is not in danger is just need to be wise, Buy low and Sell high that's the best technic to do, but that is not a gambling.Bitcoin is definetly not Gambling.
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elwiswoodie
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December 31, 2017, 06:27:46 AM |
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bitcoin is a currency without regulation ... anyone who says it's gambling: he's wrong. actually the best technology to manage the current transaction system is blockchain, and bitcoin implement it
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cryptojaani
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December 31, 2017, 06:30:41 AM |
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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.
Because they don't know bitcoin, so they think it's a ponzi scheme, it's a speculative game, but it's a silly idea. Bitcoin is not just a way to make money or investment opportunity but it is a huge concept which will change the whole world. Those who understand the concept of blockchain can understand that. People who consider bitcoin a game of chance are stupid and superficial. They do not know and do not understand what they are talking about. About what is bitcoin, what it hides in its technologies, what potential it brings. And how this can and should be earned. Knowledge is the main thing in the modern world.
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rollingstorm45
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December 31, 2017, 06:31:32 AM |
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bitcoin is a currency without regulation ... anyone who says it's gambling: he's wrong. actually the best technology to manage the current transaction system is blockchain, and bitcoin implement it
hay Elwis, I agree with you, but right now everyone is using bitcoin as a means of seeking money by trading ... and I think this is legitimate ... and I also agree with the blockchain technology used by BTC ... indeed the technology is very useful for now
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anavir
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December 31, 2017, 06:34:17 AM |
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sort of(for me) not in the sense like playing cards but by you gamble your decision..like buying bitcoin when it lower in price and wait for it till it goes up again
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Decimation
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December 31, 2017, 06:35:51 AM |
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How is it not gambling? Nobody truly knows whether a coin will go up or down unless something major happens like China banning BTC use, or a coin development team refusing to upgrade. Other than that, there really is no way to tell whether it will go up or down or stay the same.
There is a probability when investing in BTC, there is a probability when gambling. Same thing. By gambling on a website, technically you are investing in that site if you think about it. You are putting in money, you are trying to get a return, if you don't you either decrease a lot of your original money you've put in, or you lose it all. Same situation can happen with BTC.
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cramcram21
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December 31, 2017, 06:36:51 AM |
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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.
They say it because just like gambling it has a risk, I think that's why they are saying that bitcoin is gambling every investment has it's own risk.
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TradeCrypto
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December 31, 2017, 06:41:08 AM |
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As my many months of investments in Bitcoin i can strongly say that Bitcoin is not gambling . Those who does not no how to invest in bitcoin they always says bitcoin is Gambling actually in bitcoin if we want to invest in bitcoin there are many thing to study about in bitcoin . If we know all about bitcoin market then no will say Bitcoin is gambling.
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hitheshk
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December 31, 2017, 06:43:57 AM |
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Bitcoin can be considered as both gambling and investment
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Hypnosis00
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December 31, 2017, 06:48:44 AM |
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Bitcoin is indeed not a gambling because bitcoin is an investment with a high risk but it is not the same like gambling because in gambling, there is no assurance that you will earn money because bitcoin might have a risk but if you know what you are doing then you will not end up losing so i think that bitcoin is an investment and not a gambling.
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daenarys_stormborn
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December 31, 2017, 06:54:17 AM |
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yes i agree with you bitcoin is very different from gambling, gamble is relying on luck without logic, but bitcoin can be analyzed and can be predicted from statistics data from year last year, and if anyone said that bitcoin investment is same like gamble, then whether the investment in company shares are said to gamble too, of course not
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Creepings
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December 31, 2017, 06:54:59 AM |
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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 you are misunderstanding people who are saying this kind of things. Bitcoin is gambling, but that is just a metaphor, a figure of speech to describe what kind of investing will you get in bitcoin. Bitcoin is volatile, so the price do not really stay at one point but moves quickly every single minute, so the investing in bitcoin is so risky it is like gambling.
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hamdun
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December 31, 2017, 06:59:45 AM |
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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 agree with you. Bitcoin is not gambling, but bitcoin is an investment in the long run. Investment will give the benefit, but if gambling can not be sure of profit or loss.
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