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Author Topic: Bitcoin is not gambling  (Read 20834 times)
novaprime
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October 10, 2017, 11:58:43 AM
 #541

Gambling is only suitable for those who want to make quick money and take risks. I think this is very dangerous because the risk ratio is very high and certainly if you are greedy you will lose everything. My advice is to stay away from gambling and focus on investing in potential altcoin






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taiwww
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October 10, 2017, 12:20:42 PM
 #542

Anything that comes with speculation is gambling, so even if you are investing your money and time in bitcoin it is gambling. Trading in equity shares or playing in currency is also gambling because the rates of these tools are not fix they fluctuate from time to time. Same is the case with bitcoin, its prices goes up & came down as well. Still bitcoin is a safe as compared to other instruments because it is autonomous in nature. Cash currencies can get manipulated by the banks or by the governments, which is not possible in bitcon.
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October 10, 2017, 12:33:10 PM
 #543

not gambling but investment, where we take advantage of price corrections that occur, for the layman who has not understood premises system must assume that bitcoin gambling.
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October 10, 2017, 12:36:04 PM
 #544

Anything in life is a risk. You'll be defined by the ones you take and the ones you don't. Anyone who uses the word gambling to discredit Bitcoin is providing a pretty weak argument. Banks are gambling and walking across the street is gambling. As long as you are sensible in your investments and aren't blowing your last penny on it. Then I don't see a problem with traditional gambling or "Bitcoin gambling".
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October 10, 2017, 12:36:13 PM
 #545

Because they did not know what is bitcoin , And also they were not so understand history a medium of currency exchange
gambling is only part of the development for profit

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October 10, 2017, 12:49:28 PM
 #546

Bitcoin in its context is a kind of currency. The way you invest in it, can only determine weather you are gambling or not. The price of Bitcoin fluctuate on a day to day basis and knowing when to buy or sell as to the factors behind the rise and fall in price is a determinant.
The summary of it is that, when you are doing the right thing, you are not gambling. Otherwise, you are said to be gambling.

cybersofts
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October 10, 2017, 12:50:36 PM
 #547

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.

Never mind the people. people like that are called "they" meaning they can never make anything good for themselves. Just focus on what you want and what you are doing. Never mind what other people are saying about what you like, trust or your plans. People will negative thinking will always try to advice you on what you are doing, and whenever you listen to them you will become one of them. Every entrepreneurship route you take has a risk so you should better take the one you trust the most. Cool
Rocky Handsome
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October 10, 2017, 12:56:42 PM
 #548

Bitcoin is currency.In gambling if you lose then you loose every money.But in bitcoin if you trading and you lose bitcoin,we gave minimum value of bitcoin.So bitcoin is not gambling.But someone use as gambling.It depends on user how to they use with theirs bitcoin.

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October 10, 2017, 12:58:35 PM
 #549

gambling is a type of gamble with the use of money or the like for something big under unfounded terms. different from bitcoin is a type of online business based on an agreement between both parties.
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October 10, 2017, 12:59:43 PM
 #550

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.
they may assume that bitcoin prices often change very quickly. some people say gambling because bitcoin prices are very easy to change. maybe that's interpreted, but i also never thought that way.
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October 10, 2017, 01:09:29 PM
 #551

bitcoin is not gambling it is a good form of investment it is more like the share markets its price keeps changing from time to time just the share price rise and fall its market value keeps changing so is the reason people feel it like gambling because if they are lucky can get huge amount as profit or else they will have to wait for some time to get profit out of it.

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October 10, 2017, 01:52:28 PM
 #552

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.
they may assume that bitcoin prices often change very quickly. some people say gambling because bitcoin prices are very easy to change. maybe that's interpreted, but i also never thought that way.
bitcoin price changed every second because of the total active markets on it and people currently using the pair. people saying investing on bitcoin in gambling because every investment there is a risk present there are alot of types of gambling out there.
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October 10, 2017, 02:06:31 PM
 #553

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 of course it is not gambling. Bitcoin is a digital currency. It actually depends on how you use it. If you use it as a currency then there's no gambling at all. But by the time you enter trading, there's a bit of gamble there because the risk is just like you are gambling. But if you buy and hold till you can gain profit, it is not gambling; it is investing into something that you believe it will give you profit when the right time comes. So, that's all for my opinion.
if they think it as gambling, maybe they not trusting it and it their taking their move as a risk, even entering is a risk but we are not putting our decisions on luck alone since we need some skills and knowledge to be successful.

We can't deny that people have different ideas and opinions about bitcoin. But one thing is for sure we all know, especially to those people who really know about bitcoin that bitcoin itself is not gambling. Maybe there are some gambling sites that you can earn bitcoin but that doesn't mean that bitcoin is gambling.
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October 10, 2017, 02:32:27 PM
 #554

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 of course it is not gambling. Bitcoin is a digital currency. It actually depends on how you use it. If you use it as a currency then there's no gambling at all. But by the time you enter trading, there's a bit of gamble there because the risk is just like you are gambling. But if you buy and hold till you can gain profit, it is not gambling; it is investing into something that you believe it will give you profit when the right time comes. So, that's all for my opinion.
if they think it as gambling, maybe they not trusting it and it their taking their move as a risk, even entering is a risk but we are not putting our decisions on luck alone since we need some skills and knowledge to be successful.

We can't deny that people have different ideas and opinions about bitcoin. But one thing is for sure we all know, especially to those people who really know about bitcoin that bitcoin itself is not gambling. Maybe there are some gambling sites that you can earn bitcoin but that doesn't mean that bitcoin is gambling.

It's not gambling. First of all, it's not a bad habit, but something that can come in handy. If you take serious business in the future you can make a lot of profit from this investment, it guarantees.
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October 10, 2017, 02:43:20 PM
 #555

Of course, bitcoin is not gambling. Bitcoin is play a role as a currency and an investation.
They are just people who don't know about bitcoin. You must explain to them how bitcoin's system does work.
Like offline job, we can work to get bitcoin as payment and like gold, we can invest money in bitcoin.
salmanahmedone
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October 10, 2017, 03:35:02 PM
 #556

No one ever said that it was Gambling. You are in a different world than us if you heard that statement, if that is from your family or friends, have them erased from your life, because they are nuts. Facts grind the wheels of our trades and while some are just guessing while holding a chart in their hands, it is still hitting at higher odds than any casino game out there.
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October 10, 2017, 03:45:45 PM
 #557

Yeah , a lot of people are afraid because bitcoin is highly volatile , so they consider investing into bitcoin is like gambling but that is not true you can make some descent profit from bitcoin every time you trade or invest by selling low and buying high its as simple as that.
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October 10, 2017, 03:53:57 PM
 #558

I strongly believe that Bitcoin is not gambling.

What I understand about gambling is what ever you earn by betting is called gambling. In bitcoin you can bet even with dollar, pounds etc. so Bitcoin is only cryptocurrency digimoney and it is not gambling.

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October 10, 2017, 04:02:19 PM
 #559

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.

Nope. Bitcoin isn't a gambling. Bitcoin is a currency that we used in order to buy, pay or we used in some transactions. Bitcoin can be used in gambling games like dice game, betting or even color game. Bitcoin isn't a gambling but it is used to gambling. Bitcoin is only the instrument we used in gambling. People are very judgemental. They must knownthe difference of it.
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October 10, 2017, 04:04:44 PM
 #560

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.

Nope. Bitcoin isn't a gambling. Bitcoin is a currency that we used in order to buy, pay or we used in some transactions. Bitcoin can be used in gambling games like dice game, betting or even color game. Bitcoin isn't a gambling but it is used to gambling. Bitcoin is only the instrument we used in gambling. People are very judgemental. They must knownthe difference of it.
true, in addition, gambling is an investment tool that is currently very often to use. well, bitcoin can mean gambling if you really want to get bitcoin from gambling game. well, everyone's thinking is different, which I just think that bitcoin is not gambling.
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