Carmen01
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Activity: 294
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Streamity Decentralized cryptocurrency exchange
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September 29, 2017, 09:26:49 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.
some of games here in bitcoin are gambling like primedice,bistler and stake but not all like in trading,faucet and many campaign always read here in forum to make you so constructive in any posts that you will do that is the key bitcoin,dont angry to me but your post is not good
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kachimasu
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Activity: 42
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September 29, 2017, 09:28:59 AM |
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Investing in Bitcoin can be considered as a type of gambling, like the stock market is... because there's a high risk, bitcoin itself is not gambling, what you do with it can be
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ViceOfBTC21
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September 29, 2017, 09:30:23 AM |
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Investing in Bitcoin can be considered as a type of gambling, like the stock market is... because there's a high risk, bitcoin itself is not gambling, what you do with it can be
Bitcoin trading is the financial game while stock market is calm and it's investing. Learn and work a lot and win in the long run. Bitcoin - you are the casino and you always win (it's investment). It's deflationary. Invest in it but only you can afford to lose. But be warned, I tell it about hodling and not trading which expectancy is -4% if you trade on pure luck. Fiat - you are the gambler. It's inflationary. Banks are the casinos and they always wins.
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kafiddrhman
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September 29, 2017, 09:34:49 AM |
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I think bitcoin is not a gambling currency, because so far I use it for various online payment transactions as well as for trade transactions which is certainly very profitable for me and any other users who have the ability to do business in bitcoin.
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akmittal
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September 29, 2017, 09:36:23 AM |
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Bitcoin is a gambling as well as good investment for future. The people involve in trading cryptocurrency can say bitcoin is gambling. Whereas the persons investing in bitcoin is not gambling.
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seandiumx20
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Merit: 109
arcs-chain.com
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September 29, 2017, 09:44:50 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.
this is not gambling, it just a decentralized cryptocurrency that can be used in internet. Though, there are many gambling sites that is related about bitcoin but that is not only the process on earning money. There are many types on earning money like investing, ads campaign, and other things.
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primeminer
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September 29, 2017, 09:53:07 AM |
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i think Bitcoin not a gambling because to get Bitcoin need a hard work and patience. Indeed there is who uses Bitcoin for gambling but you cannot say that Bitcoin is a gamble.
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mriansa
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September 29, 2017, 09:54:00 AM |
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yes actually bitcoin is an investment instead of gambling, which causes gambling is someone else who is not responsible has changed the statement, bitcoin just ordinary digital currency we can only get it by buying or looking instead of gambling.
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raymart0720
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September 29, 2017, 09:58:22 AM |
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because some people don't know what and how BITCOIN works on the internet I think the people tell that is pertaining to bitcoin like a gambling or what because it is too risky or somewhat like that .. by investing through the use of BITCOIN is yess very rsiky and like a gambling where you can be winner or loose all your cryptos and money if you do also
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dondexter
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September 29, 2017, 10:01:26 AM |
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Depends on how you look at it. What would you think it is gambling? Is it based on chance?
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bob123
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September 29, 2017, 10:02:18 AM |
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Bitcoin is definetly not Gambling. But the high Risk of "First digital currency" is bring seen as gambling. BTC does give good profit if you compare this to Rates of 1% Return per year. Bist it also can Drop that fast.. like "gambling"
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Flor1982
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September 29, 2017, 10:19:43 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.
Every time you join an investment and trading using of any currencies it's just like you are joining an gambling too same as bitcoin because bitcoin is a currency as well. You dont know what is the outcome of every trading and investment if it will going to sucess or going to lose therefore bitcoin is like gambling because it is a currency.
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faceoff97
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September 29, 2017, 10:47:58 AM |
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Bitcoin is not gambling (Period). But the truth is, it is associated with gambling because of the fact of loosing money. Well, your bitcoin may grow or loss depending on how you wisely handle your bitcoins. Bitcoin is just like other currency, it may pump or dump. Volatility is a geature of bitcoin which allow people to see it as gambling, bitcoin may show sudden change with its value. Bitcoin is not gambling, its more like an investment which shows return due time.
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romecheo
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September 29, 2017, 11:12:15 AM |
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it was very usual for someone to assume that bitcoin was the same as gambling,
it is because, like gmabling, after putting your fiat on bitcoin you take risky action in the hope of a desired result.
instead, they should consider Bitcoin as an investment.
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paolo099
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September 29, 2017, 11:14:40 AM |
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bitcoin is like money, it's a currency but you can gamble with it
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kachimasu
Newbie
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Activity: 42
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September 29, 2017, 11:26:00 AM |
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Investing in Bitcoin can be considered as a type of gambling, like the stock market is... because there's a high risk, bitcoin itself is not gambling, what you do with it can be
Bitcoin trading is the financial game while stock market is calm and it's investing. Learn and work a lot and win in the long run. Bitcoin - you are the casino and you always win (it's investment). It's deflationary. Invest in it but only you can afford to lose. But be warned, I tell it about hodling and not trading which expectancy is -4% if you trade on pure luck. Fiat - you are the gambler. It's inflationary. Banks are the casinos and they always wins. Why you say trading is not good? being a very volatile system there is high margins for gains, if you use derivates there is even more
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jasindu36
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September 29, 2017, 11:54:06 AM |
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Bitcoin is a decentralised cryptocurrency. I agree with you bitcoin is not gambling some people says it's gambling. They will repent on their statement when they will see price of bitcoin will touch $6000-$7000. Fluctuation of price is there but it doesn't panic me we know we are in high volatile market but at the end we will earn good profit. When we compare Btc market with forex, forex market is more stable than Btc market. At last I would suggest always have patience to hold your btc. If you have patience you will definitely make some good profit from Btc.
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qwertyuiop0987654321
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September 29, 2017, 11:58:15 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.
People has their own perspectives so they have different ideas about a certain thing. In our perspective, Bitcoin is not a gamble but to their perspective it is a gamble. But is Bitcoin really a gamble? We can identify bitcoin as a gamble depending upon the phenomena. If it is investment, and invested to someone whom you doesn't know, then Bitcoin can be identified as a gamble. If imyou think you're in a right path. Then, it isn't classified as a gamble anymore.
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Ziomuro27
Sr. Member
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BookiePro.Fun - The World's Betting Exchange
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September 29, 2017, 12:04:08 PM |
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Bitcoin are not a gambling it's a currency which helps people to change their life but there are some that makes bitcoin into gambling by converting their money to bitcoin to make more money, although they are users to and I respect them like I do to others.
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andrew24p
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September 29, 2017, 12:12:27 PM |
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Its gambling for some because compared to other asset classes the risk is still very high on whether or not it will be able to survive long term. I wouldnt personally call it gambling, but I agree the risk level is far outside of the zone that people near the end of their lives should be investing in. I wouldnt tell my grandmother or my great aunt to invest in bitcoin, simply because they have a greater use for that money and can simply put it in TIPs or bonds.
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