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Author Topic: Bitcoin is not gambling  (Read 20829 times)
reda
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October 28, 2017, 11:18:52 AM
 #721

I think bitcoin is not gambling as it is a currency, and the value of a currency falls/increases every second so its just like any other currency. People invest in bitcoins for profit and they invest in bitcoins for a long time waiting for the price to rise and in gambling people just bet and there is some % of chance to win. So, bitcoin is not gambling it is just like any other digital currency

 Bitcoin not gambling is digital currency. So some people use only for the traction process it will know the bitcoin process. Bitcoin give the process information and you will easy to learn for the bitcoin process and how to handily the bitcoin for the traction process. Then bitcoin is become use to future bitcoin is only use for traction process. So it will change the money any country currency. You will increases your currency price for future save and investment.
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October 28, 2017, 11:20:27 AM
 #722

Bitcoin is not gambling. Bitcoin is most popular and valuable currency that acceptable to all.  Its beneficial to invest through Bitcoin. Bitcoin is a currency that you use as how you use It. Bitcoin can be used to play gambling as well a lot good work and use. Everything depends on the user.
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October 28, 2017, 11:22:12 AM
 #723

Bitcoin is not gambling since you dont bet or win instantly like a game. bitcoin is a virtual currency in which available as an economic market. As you can see, bitcoin fluctuates in market value meaning it changes in value either increasing or decreasing so definitely it is not gambling. many people assume the when money is related to internet becomes gambling since they somehow dont know how broad internet can be. you should try and explain them how bitcoin is working so they can also join this community.

They get a prize for every block the miners get out, maybe they need a little gang. Mining is definitely along with luck.

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October 28, 2017, 11:36:34 AM
 #724

I think bitcoin is not gambling, bitcoin is a promising future investment for investors. I think gambling is like a casino and others
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October 28, 2017, 11:40:07 AM
 #725

Bitcoin was created like how we use it on our own expenses with our wants and needs. Likewise, fiat money was created the same way to meet these things. Gambling is just one part of how you use your resources. So I can say now that bitcoin for me is not for gambling. That is for me alone. But for others maybe can.

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October 28, 2017, 11:41:01 AM
 #726

Bitcoin is not gambling. Bitcoin is most popular and valuable currency that acceptable to all.  Its beneficial to invest through Bitcoin. Bitcoin is a currency that you use as how you use It. Bitcoin can be used to play gambling as well a lot good work and use. Everything depends on the user.
The moment someone uses the word 'invest' and 'value' along with bitcoins,the same exact moment unknowingly you guys are making it seem like gambling.Bitcoin is not gambling if,there is no crucial value attached to it,Thinking in terms of tech and revolution gives more sense to the use of bitcoins than anything else.Get your shit together pal.
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October 28, 2017, 11:52:51 AM
 #727

Totally agree with you! Bitcoin is not gamble or gambling coins, bitcoin is a huge returning investment and if anybody is a real trader that guy will make good money from bitcoins.
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October 28, 2017, 11:55:13 AM
 #728

Yes absolutely ,Bitcoin is way better than gambling .
Atleast even if bitcoins price comes down after we bought it we donot loose our coins.
We always have a hope that i will rise again.
On the other hand in gambling we loose all our money one a bad day and left with nothing.
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October 28, 2017, 11:58:52 AM
 #729

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 nor criminalization, even bitcoin is a recent investment tool. but bitcoin can be made to gamble just like global money
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October 28, 2017, 12:06:41 PM
 #730

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
Bitcoin is not gambling.There is nothing to be confusing in this.You will invest and work with time.You'll benefit.Many people think it's gambling.But not a gambling game.invest first and work with bitcoin.
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October 28, 2017, 12:15:29 PM
 #731

Bitcoin is not gambling. Bitcoin is most popular and valuable currency that acceptable to all.  Its beneficial to invest through Bitcoin. Bitcoin is a currency that you use as how you use It. Bitcoin can be used to play gambling as well a lot good work and use. Everything depends on the user.

My friend told me that after I introduced bitcoin to her it seems I taught her to gamble.  Because it is like taking a risk just like gambling because you do not know if you will be successful.  The difference is, bitcoin can really give you an income or profit in return.  

 
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October 28, 2017, 12:20:26 PM
 #732

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 convertible into money.so it cant be gambling.but u can gamble ur bitcoin..theres some section here that u can play gambling and bet your bitcoin...same as investing..partly you are in gamble while investing because you dont know if ur investment will go up,or down
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October 28, 2017, 12:24:48 PM
 #733

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 is not gambling in its strict sense. But it is gambling in the broad sense of the word because when you invest, you are risking something. You are actually putting your money at risk because you believe that there is some growth in it after some time. But there is always the possibility that there will be no return in the end and all your hard-earned money used for investment will just vanish into thin air. Yet you took the risk and gamble, but not in the sense of gambling as in games.

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October 28, 2017, 12:31:16 PM
 #734

I don't see it as gambling I see it as an investment which has a very good chance of paying off in the long term.
You are right, because bitcoin is not like gambling. I think that gambling is too risky and you can't predict and you are sure about it. It's always risky, but when we talk about investement in bitcoin, We know that is not too risky like gambling, A lot of people know that bitcoin is profitable in long terms period, so it's not classed same as gambling, It's a destination that will happen i think.

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October 28, 2017, 12:46:38 PM
 #735

No, it's not gambling why it will be gambling? it was a currency that you can use to gamble. maybe they need do some research about bitcoin, if bitcoin is gambling I think I already lose but I feel like I'm always a winner with bitcoin no lose at all. I think bitcoin is an investment and in investment, it's kinda little risky but still, it is not gambling. Bitcoin is getting papular as I said cryptocurrencies can be used to gamble so I think that's what they know about it or heard about it.
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October 28, 2017, 01:10:52 PM
 #736

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.

Sometimes it can be gambling. You invest your money in bitcoin and that's the time you are gambling your own money to think that you can get profit or not. Gambling is not all about playing those games in betting your money or your bitcoin. Sometimes when you don't know the outcome if you invest your money on thing that you could think if you can get profit on that. Then it is gambling. You are gambling your luck by investing. Right?
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October 28, 2017, 01:14:07 PM
 #737

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.

Sometimes it can be gambling. You invest your money in bitcoin and that's the time you are gambling your own money to think that you can get profit or not. Gambling is not all about playing those games in betting your money or your bitcoin. Sometimes when you don't know the outcome if you invest your money on thing that you could think if you can get profit on that. Then it is gambling. You are gambling your luck by investing. Right?
cant agree with you, there will never be a gambling that you will win the money only if you hold your chip, and bitcoin is this kind of chip, its obvious that it will keep growing for a very long time

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October 28, 2017, 01:33:25 PM
 #738

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.
you think bitcoin is investing, and i think investing is gambling. so bitcoin is gambling.
but, many reason that says bitcoin is not gambling. like when you thought about "every new year bitcoin price will increase, because new year in past bitcoin price increase" is there loop of accident that can be predict by logic. it make bitcoin cant says gambling.
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October 28, 2017, 01:44:16 PM
Last edit: October 28, 2017, 04:37:59 PM by Frank0209
 #739

Bitcoin is not gambling. People who thinking Bitcoin is gambling because they don't really know about Bitcoin and their knowledge about Bitcoin is too little. They only know somem risky ways to earn Bitcoin like investing in HYIP or gambling and with these ways people can easily lose all money so it make they think that Bitcoin is gambling. I think if we know anybody thinking like that we should let them know they are having wrong thinking about Bitcoin Smiley
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October 28, 2017, 02:05:05 PM
 #740

Anything new if introduced with gambling would have been easier to disseminate, if at first one knew the bitcoin of gambling would forever be like that. If this person knows more about bitcoin, then they can still say bitcoin is not gambling.

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