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Author Topic: Bitcoin is not gambling  (Read 20827 times)
mozillaspez
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October 04, 2017, 12:30:04 PM
 #361

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.
We cannot say that it is a gambling because buying gold or any other currency and selling it when its price gets higher, is not gambling. Its price fluctuates often but taking it as gambling will not be right. There is proper investment involved in this and you earn profit after sometime.
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October 04, 2017, 12:52:56 PM
 #362

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 your opinion.
What says bitcoin is that gambling is so wrong because bitcoin has marketing and projects to market and the bitcoin strategy is a revenue share, so it's very clear that bitcoin is an online business that many people use and bitcoin has no fraud or gambling elements.
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October 04, 2017, 12:56:36 PM
 #363

Bitcoin is never thought of as gambling at all, gambling is just a chance to get a luck and a skillful end, Bitcoin is a currency, but today as an investment instrument, not as a currency.

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October 04, 2017, 01:11:09 PM
 #364

yes my friend said its too that bitcoin is a gambling to get extra money, but its not. maybe they think the profit is from gambling if we dont do anything physically. and some people said that trading, bitcoin trading, crypto trading or stock trading is a gambling. they said that traders can't know price in the future and traders is depend from their luckiness

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October 04, 2017, 01:33:37 PM
 #365

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'll just misunderstood what you hear. yeah we know that bitcoin is not gambling sometimes you don't need to invest just a time only . i think that they mean is a way to earn a bitcoin because in earning a bitcoin it have a gambling . in this section you need luck and you have a courage to risking your bitcoin. because in the word Gambling it have "gamble" so you have to sacrifice or to fight. if you have luck then you ha a fast way to earn bitcoin and if you luck out then you have a faster of loosing bitcoin
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October 04, 2017, 01:35:43 PM
 #366

Its right to say that it is a gamble not a gambling. It is where we gamble our money because we know that in a matter of time it will help us in our future. I said that its a gamble coz there are times that the price will go low or high.
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October 04, 2017, 01:41:41 PM
 #367

Sometimes I think it is gambling because it drops or rise so quickly,but sometimes I think bitcoin is a kind of currency,it can be investm not gambling .so i am confused too


Yes somewhere we can say that bitcoin is a gambling because price go up and down. But for long investment is not gambling. According to expert prediction bitcoin price will go up very high.one more thing life is a gambling so don't think negative and just carry on your trading.

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October 04, 2017, 01:45:40 PM
 #368

Sometimes I think it is gambling because it drops or rise so quickly,but sometimes I think bitcoin is a kind of currency,it can be investm not gambling .so i am confused too
They do not know what bitcoin is. So they consider it as gambling. I've also experienced the same thing when my friends say that bitcoin is gambling when they do not know what it is. I can only smile and say it seems like you have to learn a lot about bitcoin.



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Dontme
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October 04, 2017, 01:56:59 PM
 #369

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 made as currency and it is already the greatest cryptocurrency. Well, if some are telling than bitcoin is gambling I they only means that bit is like bitcoin because if you invested your btc in some sites you are gambling with your money. When you keep holding it you are gambling your money because you know that btc had pump and dump, there is ups and downs. Well, btc is already money the difference between the two is that btc is digital coins that needs to convert into cash.
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October 04, 2017, 02:10:50 PM
 #370


Yes you are right. Bitcoin is not a gamble. It is a technology whose integration now occurs in all layers and industries of the world. Just this few people understand and notices. With passion bitcoin can only compare traders, losers, that they tried once and they did not succeed. In this market, other tools work and it needs to be understood.
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October 04, 2017, 08:15:21 PM
 #371

Who told you put your all money on bet? If rate is low don't sell it simple. Prices are fluctuating all over the world of everything. So be patient and always wait for the best.

Yeah right, I don't know why people are complaining when they sold their bitcoin on a very low price, we have our own choices in life, if we needed the money that bad, then why hesitate to sell some bitcoin. It is pretty simple just like what you have said, there is no need to sell our bitcoin if we don't need it, we just have to hold it and wait for the right time to convert it.
Trading is a good profession and it returns huge profits also but altcoin is not a good option. We all know the price of different altcoins at the beginning of this year and only ethereum is a splendid altcoin.

Do you know the price of bitcoins a few months ago? If you do, then definitely you won't even think about altcoins. Moreover, past prices really do not matter but future ones do and BTCs have the brightest future.
For me the price of bitcoin is so high than over cryptocurrency I seem the future of bitcoin is so bright I want more invest in bitcoin.it is like gambling you think anything you win.

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October 04, 2017, 08:25:26 PM
 #372

Sometimes I think it is gambling because it drops or rise so quickly,but sometimes I think bitcoin is a kind of currency,it can be investm not gambling .so i am confused too


Yes somewhere we can say that bitcoin is a gambling because price go up and down. But for long investment is not gambling. According to expert prediction bitcoin price will go up very high.one more thing life is a gambling so don't think negative and just carry on your trading.
There's a part of bitcoin where gambling is exist, it was the part who give us a chance to become lucky. Yes bitcoin is not a gambling because it is an opportunity to us to become successful in life, it is a gift when they have a chance to be rich in the future.
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October 04, 2017, 08:36:39 PM
 #373

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 instead of gambling then a lot of people who misuse bitcoin as a bet tool then I think it depends on everyone who uses bitcoin as a thing that is not in use to gamble, we all in this forum are looking for money to change their lifestyle in changing the economy

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October 04, 2017, 09:22:08 PM
 #374

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.
Not gambling but somehow there is a risk in it just like in gambling. You invest money in buying bitcoin and you dont know how much will it be tomorrow so you dont know if you are going to lose or win.

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October 04, 2017, 10:10:24 PM
 #375

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.

It can be used in gambling but it's not gambling. There's a big difference with that if they will pay attention. If one uses money to gamble, do we consider money as gambling? No, we don't. Same goes with bitcoin. It is a cryptocurrency and just like money it has many uses such as purchasing, investing and trading. It involves risk at some level but overall, it's a calculated risk because most people who invested have already got their return of investment and using their profits as their capital so they won't lose any penny if worst thing happens.

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October 04, 2017, 11:21:35 PM
 #376

If anyone thinks that bitcoin is gambling I think it's natural, all investments can be said gambling because the chances of profit and loss are the same. Our main task is to say what it is about bitcoin, which is high risk.

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October 04, 2017, 11:48:22 PM
 #377

I get introduced to Bitcoin by my husband only I am sure about him he wont gambling.

What I observe about bitcoin it is a digimoney (crypto currency) how it will be gambling. with bitcoin if you bet it is called gambling that you can gamble with any mode of money not only by Bitcoin.

So Bitcoin is not gambling for sure.
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October 05, 2017, 12:00:07 AM
 #378

If youre striving in earlier a year or two and you invest more money as $1000 it miht be gambling as well to whats happening next that you will not know but hopefully its good in bitcoin
Bitcoin is gambling but the transactions invests etc. All spending actions or some actions in bitcoin might be as well as gambling because youre risking money to transfer tho we can work for bitcoin forum and earn with no a little risk invovled if youre banned youre account is doomed as well as youre rank
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October 05, 2017, 12:20:38 AM
 #379

I am 100% confident and sure that Bitcoin is not Gambling. Its a money. if you bet that is called gambling that you can do with any type of money we are owning Bitcoin how it will be gambling.
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October 05, 2017, 12:25:56 AM
 #380

In my point of view Bitcoin is not Gambling.

We put our effort to earn it and we are not getting Bitcoin by betting so it is not gambling.

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