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Author Topic: Bitcoin is not gambling  (Read 20834 times)
dificanovi
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October 17, 2017, 12:21:04 PM
 #601

Bitcoin is not gambling, but in some ways, this is comparable. In both cases, you can not completely control the situation. It is unstable and unpredictable. Although Bitcoin is still more reliable way to earn money than gambling.

I agree with you that bitcoin is not a gamble, but bitcoin is a digital currency that has a price sometimes goes up and sometimes goes down like gold. bitcoin can be obtained by joining bounty campaign and we can get by investing. bitcoin can also we get by gambling, actually depending on how we get it, we better get bitcoin in a kosher way.

Faxmate
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October 17, 2017, 12:50:54 PM
 #602

Bitcoin is the currency. But if you invest your money and turn it into bitcoin, now this is gambling. because you put a bet and expect to win or lose, and sell when the price is high and buy when the price is low. so the gambling is the process of getting it, not the bitcoin.  Wink

Some people called its gambling because they actually gamble their money and not really sure for what happen after they invest their money. And we all know that the price is not permanent so we are not sure if what happen to the price tomorrow, it can be rise of down.
Well I don’t know why people think it’s a gambling because it’s a digital currency and people are using it for their daily expanse or paying bills bitcoin also going to teach us about trade, mining, business so it’s out of question that bitcoin is a gambling and the reason is bitcoin is going to help people financially and gambling and give a loss of money.
barabut
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October 17, 2017, 12:59:26 PM
 #603

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 thought and expertise that it is a part of gambling because you never know what will be in the future, same as stock market think on this way, to put the things right point.
DenGreen910
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October 17, 2017, 01:00:36 PM
 #604

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 don't agree with you. Because if you've bought btc for 1000 now it's few times more. That's gambling!
DPrillio
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October 17, 2017, 01:07:09 PM
 #605

obviously that bitcoin is not gambling, bitcoin is the currency generated by the way we work like normal people. we work using time, internet, and social media.
yes you are right! bitcoin is not a gambling, it is an electronics money circulated around the internet and convertable to cash. a bitcoin will be a gambling if the owner use to gamble it.

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October 17, 2017, 01:30:14 PM
 #606

I think that persons say that  bitcoin is gambling. They don't know the system and important of the bitcoin,. Before you say that bitcoin is gambling do some researcher for it.  They can say investment.They cant judge a book by its cover.
Mr.John19
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October 17, 2017, 02:31:51 PM
 #607

Think people say that bitcoin is gambling because some person depend on the luck of the value of the bitcoin. For Bitcoin is not a gambling. Before you judge  one things make sure your perfect .
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October 17, 2017, 02:35:31 PM
 #608

surely its not gambling, i have never seen a gambling that can give people profits if only he hold the chip, but maybe getting involved in bitcoin is a gambling in life as most people outside misunderstanding bitcoin deeply, it need a great courage to enter into
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October 17, 2017, 03:00:20 PM
 #609

I am also confused why people say that bitcoin is a gamble but it is not but we only invest money to get bigger profit, I do not agree if you say bitcoin is a gamble because bitcoin is a kind of digital currency that is very high price
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October 18, 2017, 11:15:06 AM
 #610

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 investment includes its own risk. Bitcoin may be a good investment if people use his/her experiences and brains smartly. People don't risk not only gambling but also life is a kind of gamble that has many risks. If you think that you spend your time on bitcoin and use your experiences for bitcoin, this seems like gambling by some people. But bitcoin is currency not a playing card in Las Vegas.

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October 18, 2017, 11:17:44 AM
 #611

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 think that you are wrong sir! Every investment can be called a gamble. Because you are giving off something in which that coin will go up or not. And that is how the investment in cryptocurrency there is in this world.

 
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jkoin
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October 18, 2017, 11:25:40 AM
 #612


People who consider bitcoin a game of chance are stupid and superficial. They do not know and do not understand what they are talking about. About what is bitcoin, what it hides in its technologies, what potential it brings. And how this can and should be earned. Knowledge is the main thing in the modern world.
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October 18, 2017, 11:29:56 AM
 #613

Of course it's not... it is called investment (at least at the moment). Before the bitcoin hits the mainstream it was supposedly for money transfer and online payments. However, since the price is attracting, people sees it as an investment platform which is an awesome substitute for stocks. But to make it clear, it is never a gamble.
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October 18, 2017, 11:40:12 AM
 #614

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 agree with you bitcoin is not gambling. I think bitcoin is a digital coin in online. People like to buy and sell in the market as well as in the market with the same bitcoin can be bought online.
nethan1btc
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October 18, 2017, 11:53:22 AM
 #615

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 think that you are wrong sir! Every investment can be called a gamble. Because you are giving off something in which that coin will go up or not. And that is how the investment in cryptocurrency there is in this world.
Fortunately, bitcoin is not design for gambling purposes it's just an encrypted electronic money.Using open source of blockchain platform to improvised transactions for everyone.Yes you're correct, its seem turned to gambling when you start investing here in bitcoin. The reason why because its fluctuates value you can't predict when it happened to rise or down.
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October 18, 2017, 11:55:41 AM
 #616

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 totally not gambling , even tho it has a risky side to whether you keep your funds , invest them or exchange them for giat but it's not similar to the risk you take of loosing them like what happens in gambling . Moreover investment after investment and you'll be able to make profit or just wait for it's value to rise so you're kinda passive but in gambling it's a lot more active and could go both ways at any time.
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October 18, 2017, 12:00:10 PM
 #617

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 even it is very risky way to earn bitcoin or money. Bitcoin i think is investment not a gambling because you can earn easily without working on it.
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October 18, 2017, 12:02:42 PM
 #618

Bitcoin is not a gambling but investment does, in gambling there's to much risks and so as investing Bitcoin or any kind of investments that costs money out of your own pocket or savings account.

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October 18, 2017, 07:22:28 PM
 #619

Bitcoin is a digital currency. If you invest and your investment will negative now you can take the risks. Just like business they have positive and negative.
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October 18, 2017, 07:32:48 PM
 #620

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 think that you are wrong sir! Every investment can be called a gamble. Because you are giving off something in which that coin will go up or not. And that is how the investment in cryptocurrency there is in this world.
but i do not consider that every investment is gambling and if you invest in casino or in other gambling project then that investment will be gambling and there is many investment platform which we can not consider gambling like as invest money in bitcoin or in other safe and secure currency and other platform.
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