Bitcoin is not gambling

[loreykyutt05]

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.

Totally agree with this idea Bitcoin  was a product of technology mainly used as a currency over the internet , It's just that the price of bitcoin was very volatile that Holding it for a long period of time may depreciate or appreciate its value , but if you used it to send money just to save fees on money remittance then it is not gambling you just utilizing the technology .

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[boty]

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.

maybe many people just know bitcoin can be generated from gambling only
not from investment and from bounty
if people go deep into bitcoin or play a forum here maybe he will not say it bitcoin can be generated from gambling only

[andaresta]

I feel bitcoin not to gamble but only digital currency that we have to mine day-to-day and bitcoin prices go up.

[Jessy Pinkmank]

Bitcoin is not gambling because Bitcoin is a currency. But Bitcoin can be gambling if you put it on gambling site
if you just keep it, it's investment

[Lintel]

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.

Yes it true, Bitcoin is not gambling. Bitcoin is a way to help you earn money. It is rather an opportunity to have an investment. We can even earn money without investing capital, so it is not gambling. We use technology, it is because we have a modern society. We can use inernet to do bitcoin coin in return we earn amount of money which it can help us financially.

[BlackPanda]

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.

Totally agree with this idea Bitcoin  was a product of technology mainly used as a currency over the internet , It's just that the price of bitcoin was very volatile that Holding it for a long period of time may depreciate or appreciate its value , but if you used it to send money just to save fees on money remittance then it is not gambling you just utilizing the technology .

maybe those who say gambling because they see bitcoin prices that often experience up and down quickly. bitcoin volatility is very high because it all depends on market conditions that are trusting bitcoin or not and also how much bitcoin demand in the market. this will all affect bitcoin prices and this is their main reason. but I think this is just an option, because basically bitcoin is created as a digital currency that has the same function as conventional currency. Another feature is bitcoin can be used as an investment, such as trading. indeed the risk is quite large because of the movement I have mentioned, but the clear gambling is very different from bitcoin. bitcoin is a new technology in doing financial transactions, while gambling is something that can not be mentioned math because gambling is only a bet on a hope.

[Rinaze]

Investment is a gamble in the sense that you take risk (whether big or small) no matter what. Investing in crypto with fiat is indeed gambling to a certain extend in my humble personal opinion!

[CryptoBry]

so who is bitcoin is gambling ? just like forex is not. there is always a saying that it is gambling. always the religious side brought. it's useless nowadays. technological progress can not be reclassified. forget the old ways because we have not lived in the past.

When there is a risk involved, there is also an element of gambling in it but this is not the same definition of gambling like that in a casino where the chance to make big money is always slim. In Bitcoin and even in cryptocurrency trading there are ways and strategies to minimize risks inherent in any transaction. It all boils down actually to your mindset.

[MOTHIT]

Without any work you bet your money for its multiple amount expecting of winning is gambling

Bitcoin is a crypto currency  just moment how it would be gambling.

So Bitcoin is not gambling.

[reda]

so who is bitcoin is gambling ? just like forex is not. there is always a saying that it is gambling. always the religious side brought. it's useless nowadays. technological progress can not be reclassified. forget the old ways because we have not lived in the past.

When there is a risk involved, there is also an element of gambling in it but this is not the same definition of gambling like that in a casino where the chance to make big money is always slim. In Bitcoin and even in cryptocurrency trading there are ways and strategies to minimize risks inherent in any transaction. It all boils down actually to your mindset.

Bitcoin is not a gambler. Gambling is you put the money you cannot get back is the gambling you have luck you can get money in the gambling. You put an effort in the bitcoin you can get the profit. Gambling is not following rules and it is more pepole loss in the gambling you have luck you get the money it the gambling. Bitcoin is the profitable one

[Bitcoinislife09]

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 say bitcoin is gambling because some users use bitcoin in gambling. So for them to be enlightened what bitcoin really is, we should teach them how to use it and in that way they may know bitcoin and be interested in doing it. Actually, I really thought bitcoin is gambling at the first place because of my classmates but they taught me how so now I am using it.

[mikegosu]

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 gambling i think because the price of bitcoin is very unstable, you can win nor lose because of its price. Time and money is one of the main source of income in this forum.

[Rajamuda]

It depends on how peoples treat bitcoin like what / use bitcoin for good things or vice versa. It's true, bitcoin is not really not good used for gambling, there are many other things that seems more positive than gambling with bitcoin. But indeed, bitcoin has still freedom's properties of used by people and hasn't really been arranged completely, so everyone is still entitled doing anything with bitcoin it has. I just hope that all the negative impacts on bitcoin will be more decrease, and bitcoin can continuesly to be good viewed across the countries.

[marzuk]

100% sure Bitcoin is not gambling. Bitcoin is world digital currency. There are many way to earn Bitcoin but some people use it in gambling maybe that's why other called it gambling. So to clear that Bitcoin is a virtual currency a medium that is used in different transactions like in trading and investing and others.

[DonFacundo]

bitcoin is not gambling, for me bitcoin is money, but if you invest using your bitcoin so its like a gambling to me because if you invest you just wait bitcoin to pump up then you sell your bitcoin if you reach the price to sell so you can get your profit its like gambling that you bet to win.

[cdog]

I think Bitcoin is not a gamble, Bitcoin can be said to gamble if you play gambling using Bitcoin and you get Bitcoin by gambling.

[red4slash]

Many people who do not know that bitcoin think bitcoin is gambling. Maybe they do not know that bitcoin is a currency. So from this I want to tell and explain about bitcoin to a blind person

[zollyharvan]

Bitcoin is the currency. You can not say money is gambling. But if you capitalize your money and turn it into bitcoin this is gambling. Because you risk getting your money inflated in hopes of going up in the next few days, but you know it might also go down. There are still winners or losers, so the point is still gambling. The process is gambling, not the bitcoin itself.

[MarconyGL]

Bitcoin is money, but it all depends on how you earn money. Investments or trade with bitcoins also carry a risk and can lead to loss of money like gambling.

[anjir]

sometimes I also say the bitcoin is called gambling
I just invested with my own capital
so feel confused too