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Author Topic: Bitcoin is not gambling  (Read 20839 times)
TheGodFather
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October 25, 2017, 09:21:10 AM
 #681

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.

Of course it is not gambling. There are many ways in which you can associate something to gambling but having or earning or wven investing in bitcoin is not gambling. Tradingn with bitcoin can be considered a gamble with its risk but it is still far off gambling.
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October 25, 2017, 09:23:35 AM
 #682

I do not think that bitcoin is a gamble. bitcoin I think crypto currency is dedicated to investment. although the price is always unstable does not mean it is gambling.
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October 25, 2017, 09:27:58 AM
 #683

bitcoin is oviously not a gambling, gambling is a pure luck that involves money, while bitcoin is the money itself. thou it can be used in gambling and manny more.

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October 25, 2017, 09:30:11 AM
 #684

In a way bitcoin or other cryptocurrency as well can also be called as a form of gambling since investor put their money without pool proof knowledge whether it will gain or lose. Some even calls bitcoin as a game of luck which could also be true since you cant really do anything on what will happen in the moment you put your investment on it.

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budongski25
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October 25, 2017, 09:58:03 AM
 #685

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 is risky,
Investing on bitcoin is risky,
it feels like investing on bitcoin is like gambling, too risky.
bellamae
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October 25, 2017, 10:43:40 AM
 #686

Yes bitcoin can be considered gambling, especially when entering trades because they both risked but the two were still different for EX: Gambling is a time-bound event while an investment in a company can last several years. With gambling, once the game or hand is over, your opportunity to profit from your wager has come and gone. You either have won or lost your capital.
Stock investing, on the other hand, can be time-rewarding. Investors who purchase shares in companies that pay dividends are actually rewarded for their risked dollars. Companies pay you money regardless of what happens to your risk capital, as long as you hold on to their stock.
But whatever you enter into trading or gambling you need the skills and strategy because of the same risk
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October 25, 2017, 11:02:00 AM
 #687

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.
only people who have a narrow mind just say bitcoin is gambling. many people around me who think like that, I can only smile, and prove it all, maybe slowly they will understand by themselves.

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October 25, 2017, 11:29:09 AM
 #688

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.

Of course it is not gambling. There are many ways in which you can associate something to gambling but having or earning or wven investing in bitcoin is not gambling. Tradingn with bitcoin can be considered a gamble with its risk but it is still far off gambling.

Investing in bitcoin is also a risk but there are a lot of speculations which tells that bitcoin will grow its value in the next years, If you are not sure if you want to invest in bitcoins or not then try to read articles or watch on video how the industry in crypto currency world work maybe the person is lack of information and he/she thought that bitcoin is a gambling.
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October 25, 2017, 11:49:44 AM
 #689

Why not? Bitcoin can be equated with gambling, people have incentive for making money, some people selling apartments, cars, houses and investing in bitcoin, bitcoin like in gambling there is also a dependence. Not all people can control themselves.
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October 25, 2017, 01:10:38 PM
 #690

Bitcoin is the most profitable investment, maybe many say bitcoin is gambling, I think it is reasonable because up and down bitcoin prices can reach tens of percent in a day so it is reasonable to say gambling.
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October 25, 2017, 01:34:31 PM
 #691

Bitcoin is the most profitable investment, maybe many say bitcoin is gambling, I think it is reasonable because up and down bitcoin prices can reach tens of percent in a day so it is reasonable to say gambling.

in bitcoin there is a gambling and some are not gambling, so it depends also on our choice how, want to choose gambling or not.
if for the matter of saying that person is better we do not have to care about, because each person has their own thinking some say negative there are positive.

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October 25, 2017, 01:35:40 PM
 #692

bitcoin can be considered as gambling, you gamble your own money by facing the risk of losing it. but as i experienced, i never encounter anyone who regretted to invest in bitcoin, they all have a positive feedback.

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October 25, 2017, 01:38:54 PM
 #693

Gambling accounts for only 1% of this market because it is an entertainment market and does not affect market prices. Sometimes I also play dice for entertainment and I do not care much about profit because I only invest a little bit of BTC to play dice.

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October 25, 2017, 01:47:28 PM
 #694

actually it depends on how people use and judge. wherever you invest, it's all for profit. and get bitcoin not just by investing, an example of joining a bounty, which takes business to get paid.
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October 25, 2017, 02:21:40 PM
 #695

Lol bitcoin is gambling? Who said that? It's like when i say i'm investing in bitcoin and everybody else respond like "you're investing in a deep web?!" Uh-oh well.
Of course you can gamble with bitcoin. But that doesn't mean bitcoin is gambling. Maybe the people who said thay only know people who use bitcoin to gamble, so we can't blame them though. Just keep silent and let them do whatever they want. It won't hurt us or whatsoever.

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danielcansil
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October 25, 2017, 02:26:35 PM
 #696

bitcoin is not some kind of gambling but it is a high quality system of currencies, it is not easy to earn 1 bitcoin just by doing not thing, in order to earn bitcoin, you have tobe smart and quick everytime during investment to earn the highest profit, so saying bitcoin is gambling is not right.
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October 25, 2017, 02:44:10 PM
 #697

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 are all wrong. Using bitcoin has many different features, not only on gambling or hacking. Also lot of people telling to me that I am a hacker because I am using bitcoin, I just laughing at them, they should research first before judging.
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October 25, 2017, 02:47:54 PM
 #698

Well, people nowadays doesn't understanding the purpose of bitcoin. You're investing it not gambling. It's is called gambling when you use the bitcoin to gamble. Since you are investing money and time in bitcoin it depends on what you see if your gambling or not.

 
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October 25, 2017, 03:15:57 PM
 #699

I think investing money in any business you call it gambling then bitcoins is also a gambling or else No.
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October 25, 2017, 03:17:18 PM
 #700

Bitcoin is gambling and should be treated as such investments are gambling. At the end of the day no money is guaranteed.
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