Bitcoin is not gambling

[StockBet.com]

If you are just a newbie in bitcoin and you think to invest in bitcoin for you can be a gamble. But I dont think it is for all the people. A gamble is more like a game of luck where either your lose either you win. Bitcoin has nothing to do with this because it is a currency. Bitcoin price is going up so it is an investment , a good one

Some gambling activities involve 100% luck, such as lotteries.  But MOST gambling activities involve both skill and luck.

Investing is a gambling activity.

Oxford Dictionary's definition for "gambling" is:

"Take risky action in the hope of a desired result:"

Oxford's examples include:

'...it is always tempting as an investor to gamble on risky firms...'
'Investors began gambling on future returns...'

Buying Bitcoin, stocks or real estate is gambling.

[naira]

According to my bitcoin not gambling as long as they don't use it in a game of gambling both online in mauipun come to the casino but only as an investment of their money into the shape of bitcoin because high prices made them want an advantage in the future is good so thus depends on who are using bitcoin into its activities

I don't dare to invest in gambling, because I think gambling will ultimately make us loss and addiction
So consider first before investing in gambling

[StockBet.com]

I don't dare to invest in gambling, because I think gambling will ultimately make us loss and addiction
So consider first before investing in gambling

Did you buy any cryptocurrencies?

Have you ever bought stocks?

Have you ever invested in real estate?

Have you ever bought insurance?

If yes, then you have gambled.

[ItBeginInAfrica]

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's FUD, probably if your family see you gambling and you tell them that ur on bitcoins, they thinking the wrong way.
People who do arbritrage without knownledge are really gambling.

[StockBet.com]

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's FUD, probably if your family see you gambling and you tell them that ur on bitcoins, they thinking the wrong way.
People who do arbritrage without knownledge are really gambling.

According to Boston University Law Review:

"...gambling and investing are identical activities of wagering..."

Buying an index fund is gambling.

[colvis]

Bitcoin is never a day Gambling, before u can start doing bitcoin business u need to devote your time, expertise, Internet before u can start earning bitcoin, but i gambling it is the betting between two parties.... which bitcoin is not

[kutongcoin]

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.

your correct bitcoin is a currency not a gambling, bitcoin is new digital currency using the era of technology as decentralized crypto currency running by volatile power of computer tech.

[skyline247]

I cannot tell you how many times people have suggested to me that Bitcoin is too risky and like stocks. Do you not see how to price rises exponentially over and over?

[Simple_Man]

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 structurally not gambling and never will be. However, if you are an investor of bitcoin, then you are actually gambling with your luck. But that is true for all other investment as well and not particularly about bitcoin only.

[k@suy]

Sure Bitcoin is not gambling, it is a crypto currency with high price and many attractive features , and it is used in some gambling sites, dices and casinos, just like using fiat currencies in some other sites.

It's true, BITCOIN is not gambling because bitcoin is a currency that has a lot of mafaat that can be in and many ways get it

This is what I am telling in some forums and friends. They think that bitcoin is a gambling or something like an MLM company. Bitcoin is a cryptocurrency to be exact. But people consider bitcoin as an asset because it appreciates value in time.

[cybersofts]

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.

Negative people always have something negative to say about what you are doing. So never mind them!
A lot of people that didn't understand what is bitcoin and how bitcoin works has negative thoughts about bitcoin.
I think you should educated about bitcoin. If they understand it fine, if they couldn't listen forget about them! they are negative people with negative minds. 

[0t3p0t]

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.

Cryptocurrencies sometimes make me feel like it's a form of gambling because we get into this game of chance for money. We spent money and time into it for a better return. Gambling is risky which we can see also in most cryptos but unlike Bitcoin that is really the most stable for me. We also lose money in cryptos just like gambling. For me cryptocurrencies is a safer investment rather than gambling itself because of 90% return and 10% loss whereas in gambling there could be a 50/50 situation win or lose. And I know that we are after to this potentials. Though we need to take risks in both sources of money. But IMHO all this depends  on someones point of view regarding this matter.

[budiartha]

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 i think so, as i know bitcoin is a digital currency and we can invest our money to get profit, just as we trade and I don't think this is a gambling.  

[smile1218]

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 it is a crypto currency. Some people use it in gambling maybe thats why others called it gambling it is like a fiat if you use it gambling you might win or loose. So to clear it bitcoin is a virtual currency a medium that is used in different transactions like in trading and investing and others.

[kodtycoon]

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.

Those who say that means do not yet know fully about bitcoin, to get the bitcoin we need to do well and a lot of ways to get bitcoin. Maybe those who say bitcoin are gambling, maybe they know bitcoin in gambling like dice etc, so they think bitcoin is gambling.

[omerchip]

if you dont research and invest randomly you will gamble,but your make dicision wisely and research well you wil do good investment

[StockBet.com]

Bitcoin is not gambling it is a crypto currency. Some people use it in gambling maybe thats why others called it gambling it is like a fiat if you use it gambling you might win or loose. So to clear it bitcoin is a virtual currency a medium that is used in different transactions like in trading and investing and others.

People buy Bitcoin, hoping to make money.  It is not risk-free, therefore it is gambling.

But so is buying stocks and real estate.  It is all gambling.

If there is a possibility of losing money, it is gambling.

[digaran]

Oh yes we are, are we? you guys are the smallest members of this huge body, mostly people here think of Bitcoin as their job, major investors wont care about internet because it doesn't cost them anything of significant value. their time is not wasted, they know how to manage their times. Bitcoin is gambling if you are going to invest a large amount of money but it worth every single dollar you gamble on it when price goes up. gambling part is because of the surprises of the market and fluctuations. BTC is a new game unlike any.

[centralbanksequalsbombs]

Bitcoin is not gambling it is a crypto currency. Some people use it in gambling maybe thats why others called it gambling it is like a fiat if you use it gambling you might win or loose. So to clear it bitcoin is a virtual currency a medium that is used in different transactions like in trading and investing and others.

People buy Bitcoin, hoping to make money.  It is not risk-free, therefore it is gambling.

But so is buying stocks and real estate.  It is all gambling.

If there is a possibility of losing money, it is gambling.

Why does the fiat system globally inflate fiat annually at such high levels? Why central banks gambling away our money? Why are US Dollars, Indian Rupees, Euros, Chinese Yuan, Mexican Pesos going down in value every decade?

Will the bubble of global fiat issuance ever slow down or stop?

Globally recognized that there is no financial asset in existence that offers better long-term store of value than Bitcoin.

Bitcoin is deflationary, LIMITED in supply and not inflated like fiat. Bitcoin reached escape velocity 4-years ago in 2013 which means it cannot be stopped - cannot make it illegal or legal - governments/banks do not matter. Bitcoin cannot be controlled.

On the opposite end of the spectrum the global fiat bubble system broke a couple of decades ago.

Fiat around the world is forced to inflate issuance as its heavily infested, burdened and broken with:
-regulatory burden on fiat banks & system (incredibly costly)
-unemployment & other welfare costs
-inflating fiat to keep stock market rising and to keep house-prices from collapsing
-financing conflicts, bombs, and "aid"
-insurance fraud
-false claims and insurance loss-events
-stabilize regions after natural disasters
-keeping monopolies with internet access centralized and search engine crawlers centralized
-money laundering
-chargebacks
-frivolous legal costs (lawsuits bogging the system down)
-state-sponsored corruption and unofficial corruption (governments and gangs, banks and conartists)
-retirement obligations (debasement in value to keep up with payments from government or other retirement-obligations)
-fake credit (goods being transacted with credit-loss, replaced by inflation of monetary base rather than bringing perpetrators & source to justice)
-costs of auditors and budgetors and accountants to governments and businesses

Bitcoin, systemically, is free from these burdens.

Bitcoin is GLOBALLY held and sought after by people in almost every country - see global trade data by country or see this list:
https://bitcointalk.org/index.php?topic=1853019.0

CAN SOMEONE PLEASE STOP BLOWING BUBBLES OF EXTRA FIAT MONEY AROUND THE WORLD? (PLEASE NO MORE USD, EUROS, JAPANESE YENS, INDIAN RUPEES, CHINESE YUAN, MEXICAN PESOS - PLEASE STOP INFLATING AND MAKING BITCOIN SO VALUABLE)...stop this pumping

https://macromon.wordpress.com/2017/04/26/the-chart-that-floats-overvaluation/

[noictib]

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, but still i am. Thinking that you are not fully right because here in this field i am since last 4 years that is not a short time and in that interval of time, I seen that anything may happen.
Once i bought bitcoin of value $2000 and when i seen the price drop to 60% at next day then i started weeping that was really a terrible moment for me, so here we can consider it as gambling.
But still here if we have talent of having eye always open in the market then we can change every loss into profit easily.
So here this type of gambling we can handle very well with our experience.
Here if the price get down to a better extent then there is a opportunity to make money by buy bitcoin at low rate.