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Author Topic: Bitcoin is not gambling  (Read 20827 times)
NorvsGanda
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October 08, 2017, 10:18:04 PM
 #481

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 crypto currency or bitcoin is definitely not a some sort of illegal doings or gambling. It is some sort of earning extra income and investing money. It is another way to earn by means of investing your money, not only money but time and effort also. I do not see any crime or illegal doing it bitcoin. In fact I suggest that our government support it.

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October 09, 2017, 05:05:50 AM
 #482

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 crypto currency or bitcoin is definitely not a some sort of illegal doings or gambling. It is some sort of earning extra income and investing money. It is another way to earn by means of investing your money, not only money but time and effort also. I do not see any crime or illegal doing it bitcoin. In fact I suggest that our government support it.

Bitcoin is not a gambling it a digital currency it price change every day. So you will check the prices every day for the sell or buy the bitcoin it mikes give more opportunity for the business analing bitcoin is now legal. So it will use the bitcoin easy way for the get more profit. Bitcoin is improve your future and you will save the bitcoin and it's like more money and you will invest the business etc....

 
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October 09, 2017, 05:38:43 AM
 #483

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 bitcoin is not a gambling unless if you join in some gambling in bitcoin , actually bitcoin is profitable for all people becuase it can help to all people like me to buy anything and to pay my debts and bills so bitcoin is a good opportunity to us to earn money in the future.
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October 09, 2017, 05:48:30 AM
 #484

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 happens because some parties use bitcoin as a gambling aid, and some introduce bitcoin through gambling, and that's what causes bitcoin identical to gambling, when the function of bitcoin is misused and it goes massively
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October 09, 2017, 05:52:40 AM
 #485

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.
yup i agree bitcoin is not a gambling, it depend how your use your bitcoin, when you trading with no research and hope the price up, it's called gambling, but when you do research and analisys it's called trading. Simple Right Wink
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October 09, 2017, 06:03:58 AM
 #486

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.
Do you have the excitement to earn more when you see the growth of the currency, or to sell when you fall in anticipation of money for further investment? Everything is the same as in casinos and methods. The main thing is to get out in time.
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October 09, 2017, 06:13:09 AM
 #487

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. Bitcoin is a decentralized cryptocurrency :p

Investing in Bitcoin, however, is risky, just like any other investment in this world. Perhaps that risk is why some people (uneducated people I must say) assimilate Bitcoin with gambling. I guess they would say investing in gold is also a gambling. Investing and gambling, although both contain risk, is very different. Gambling is playing with your money and based on pure luck. There is no analysis on it. While investment, on the other hand, requires analysis about the instrument future potential, legitimacy, etc. People who blindly invest in something is the same as gambling I would say.
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October 09, 2017, 06:17:54 AM
 #488

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.

There are a lot of bounty campaigns that is running out there so i do not think that bitcoin is gambling. There is also a gambling websites that focuses on betting your bitcoins and if you were super lucky then you can be rich within just one day.

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October 09, 2017, 06:25:16 AM
 #489

Bitcoin is a currency.  You cant say money is gambling itself.  But if you invest your money and convert it into bitcoin,  now it is gambling.  Because you take a risk investing your money to a volatile currency hoping it would rise up in the coming days,  but you know it might also drop.  There is still win or lose in it,  so basically its still gambling.  The process is gambling,  not bitcoin itself.
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October 09, 2017, 06:25:38 AM
 #490

For me it is not gambling,  it is investment.
For other people they refer to it as gambling since you you can either double your money or lose all of it in an instant.  But if you know what you are doing then it is truely an investment.

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October 09, 2017, 08:37:22 AM
 #491

Bitcoin is very different from gambling. Yes it can be used for gambling and casinos but that does nit mean that it is already gambling. Bitcoin is a form of investment wherein the price accumulates or depreciates and it is similar to stock exchange.

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October 09, 2017, 10:46:29 AM
 #492

I will have to disagree, investing in Bitcoin is gambling, no matter if you are holding or trading, it's very similar, or even identical, to the stock market. People often trade or even hold their shares, just like Bitcoin. Both investments are a form of gambling.

The word gambling doesn't necessarily mean going to a casino and playing the roulette, it's a word which involves risk and money making potential.

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October 09, 2017, 11:29:31 AM
 #493

Gambling or what his name is to me is no problem, all investments are certainly gambling because there is never any guarantee for profit so we will assume gambling.

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October 09, 2017, 11:39:04 AM
 #494

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.

Gambling word for bitcoin is not really that you play in casinos or stuff like that,for my opinion bitcoin  is like gambling only with a sure profit, but you'll never know what exact profit you will get.

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October 09, 2017, 03:11:39 PM
 #495


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.
Gambling Is bit different bitcoin is clear as crystal, there is no such type of thing that one will lost at all crypto is working on decentralization and those who are jealous to it says that it is gambling, pump and dumps are the major sources to buy and gain profit so don’t think like this invest without hesitation and earn with loyalty.
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October 09, 2017, 03:16:04 PM
 #496

It really changes how you see this game. Are you investing your money to grow it with controlling risks or are you trying to make money faster like betting a soccer game. if you choose the first one, you'll be happier according to the statistics.

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October 09, 2017, 03:18:44 PM
 #497

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 a currency.  You cant say money is gambling itself.  But if you invest your money and convert it into bitcoin,  now it is gambling.  Because you take a risk investing your money to a volatile currency hoping it would rise up in the coming days,  but you know it might also drop.  There is still win or lose in it,  so basically its still gambling.  The process is gambling,  not bitcoin itself.
According to my own analysis, converting money is called trading. Trading is different from gambling because trading is just buying but we know it risky but no bad on it, but in gambling it is like playing games or compete for chance to earn money.

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October 09, 2017, 03:21:47 PM
 #498

Surely more like investing than gambling. Must be honest I've never thought of it as gambling
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October 09, 2017, 03:23:50 PM
 #499

sill there is risks
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October 09, 2017, 03:27:19 PM
 #500

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. Why would you use your money, effort and time if youre not going to work on it? If you invest some money to bitcoin related companies, you still need to be responsible to that and learn how to manage the money that you invest. But you can use your bitcoin in gambling if youre risky enough with your bitcoin.

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