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Author Topic: Bitcoin is not gambling  (Read 20829 times)
sneeze11
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November 08, 2017, 02:25:27 AM
 #901

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'm agree to your statement that Bitcoin is not gambling because how they can say that bitcoin is gambling when we are earning without paying? I can prove to those people who say it is gambling that this is not because from this you can earn money and by using this you can be rich and successful.
BossMacko
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November 08, 2017, 02:30:27 AM
 #902

Bitcoin is not gambling it is a crypto currency , digital asset or a digital currency whatever you want it to be called. Investing in Bitcoin can be considered as gambling because you are taking risk and your investment may become positive or negative. This is only my understanding.
Aryadwipanggah
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November 08, 2017, 02:36:05 AM
 #903

I do not see it as gambling, because in terms of investing and trading bitcoin can be analyzed, so for those who rate bitcoin as gambling possibilities because they have not understood about bitcoin as a whole and its analysis.
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November 08, 2017, 02:46:43 AM
 #904

it all depends on how you use and look for bitcoin, if bitcoin is said to gamble, I think not, if we just collect bitcoin by solving puzzles to get bitcoin with digital process, I think this is not gambling. If we invest with bitcoin I do not think it's a gamble though we all know that the bitcoin digital currency is never stable sometimes can go up sometimes can go down and that too I do not think gamble but the risks we can accept if not in accordance with what is expected
darklus123
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November 08, 2017, 02:54:36 AM
 #905

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.

why would you believe on theory then. Those people may just have wasting their time or maybe they were just trying to spam for their signature. Else it is being interpreted by others since we are unsure of the bitcoin future situation(you just have to be open minded. Learn to accept everyones opinion even if you do know the truth and where to believe on)
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November 08, 2017, 03:46:22 AM
 #906

I do not see it as gambling, because in terms of investing and trading bitcoin can be analyzed, so for those who rate bitcoin as gambling possibilities because they have not understood about bitcoin as a whole and its analysis.
Well it applies to fellow users Bitcoin will also say something like that "Bitcoin not gambling" for now I also still doubt whether we do traders activities including gambling, because we buy cheaply and then wait for price movements rise then we resell and all that we do with the hope of luck, like gambling we hope to get a good card to get big rewards. hopefully my opinion is wrong

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Pinoyfan
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November 08, 2017, 03:55:30 AM
 #907

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 a gambling but i can say that bitcoin is risky becauseof you give your money in bitcoin you will need to take the risk even youre win or loss just believing in bitcoin but i know that many gamling site can use bitcoin to play.
DoublerHunter
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November 08, 2017, 04:26:49 AM
 #908

I do not see it as gambling, because in terms of investing and trading bitcoin can be analyzed, so for those who rate bitcoin as gambling possibilities because they have not understood about bitcoin as a whole and its analysis.
Well it applies to fellow users Bitcoin will also say something like that "Bitcoin not gambling" for now I also still doubt whether we do traders activities including gambling, because we buy cheaply and then wait for price movements rise then we resell and all that we do with the hope of luck, like gambling we hope to get a good card to get big rewards. hopefully my opinion is wrong
Luck will not become a place to depend on if you know how to do analysis because luck are just for newbie traders or those traders who are not studying the real essence of trading. If you know how to analyze a coin like doing research and making sure that it is a good coin to buy and trade then you don't need to rely on luck anymore.
silent17
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November 08, 2017, 04:33:27 AM
 #909

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.

That's true, bitcoin itself is not gambling, It's a kind of currency. As far as I know, the main purpose why bitcoin is created is for buying and selling stuff in the internet. People are saying that Bitcoin is a gamble is because of its current state. Bitcoin currency nowadays is not stable. This mean that when you buy Bitcoin, your risking your money like in the gambling games, because we can't really tell whether the value will really go up or go down tomorrow.
Genosx
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November 08, 2017, 04:36:56 AM
 #910

Bitcoin is not gambling, Bitcoin is a online job or a another source of money there's an activity that you have to do so that you can earn bitcoin. Bitcoin has a value or should I say amount that is equivalent to money.
Shivan Dragon
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November 08, 2017, 04:43:59 AM
 #911

Yes, but for the rich it is gambling. I think some of them because they have money reserves and they will take the risk. For the poor and moddle class, they will not gamble and they will think before selling or buying a bitcoin. Well, that is my opinion.
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November 08, 2017, 11:20:32 AM
 #912

Bitcoin is just virtual money, so not gambling. Maybe some people think trading bitcoin is gambling, but if so, trading forex is also gambling. Gambling is just depend of luckiness without analyze. But trading bitcoin is not just lucky.
MiF
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November 08, 2017, 11:29:06 AM
 #913

Well i believe that bitcoin is not really a gambling it is an investment or a good source of income .it maybe use in gambling but bitcoin itself is not really a gambling.it is an instrument that is really verry helpful to the simple people arround that suffer to a chronic poverty .I believe bitcoin is not gambling in fact it is hope.


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katiecbell
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November 08, 2017, 11:35:16 AM
 #914

Very true indeed that Bitcoin is not gambling.It is from the start that all of us knew that it is a digital currency.Maybe in some sorts,some people use this currency in their gambling activities.But it can never be gambling at all.It is a bright idea and right thing to do that we should use Bitcoin for investment and not for gambling itself.
The biggest problem of the people is little knowledge, as we know that little knowledge is a dangerous thing so before spreading any rumors first confirm it that what actually bitcoin is and how it works, a gambling is something in which one person is benefited and the other is deprived but here both partners are benefited and they get a huge profit. Before getting into bitcoin spreading such rumors is so unjust and unfair.
Twinscoin2017
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November 08, 2017, 11:39:11 AM
 #915

Well i believe that bitcoin is not really a gambling it is an investment or a good source of income .it maybe use in gambling but bitcoin itself is not really a gambling.it is an instrument that is really verry helpful to the simple people arround that suffer to a chronic poverty .I believe bitcoin is not gambling in fact it is hope.
 well said! I also believe that bitcoin is not a gambling it is an asset that used  to get profit while gambling is game that use money or btc etc. They both have a lot of defferent from each other .i believe bitcoin is an instrument or maybe a blessing that is verry helpful to all simple person..
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November 08, 2017, 12:36:24 PM
 #916

yes I think so , its gambiling maybe one day it will be 0

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November 08, 2017, 04:18:41 PM
 #917

Bitcoin is not gambling. It is an aceeptable form of currency. And just like any other foreign currencies, it will gain a foreign exchange gain or loss. This is just an investment in currency exchanges. The reason why some people consider it gambling was maybe because just like in gambling there is a risk of "winning" or "loss". We should be able to read news about the development of this currency to avoid being like an ignorant person treating it by chances rather than thru smart  forecasts.

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November 08, 2017, 04:22:58 PM
 #918

how it's called gambling when used in a trade, and if bitcoin plays bets in a casino or horse race it might be called gambling money does not mean that Bitcoin is a gamble.
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November 08, 2017, 04:38:22 PM
 #919

With ICO projects, It is an investment. But with Bitcoin, in some ways, it is gambling. Many people buy Bitcoin without the reason why it goes up too quickly.

 
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Wulanayu
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November 08, 2017, 04:58:41 PM
 #920

Really ...
depending what you're doing here ...
whether here work or you invest ...
none of it is gambling.
work you get a wage, your investment is reasonable to get a profit, then where the gambling element. I myself was confused with the person who said playing bitcoin was playing gambling. at first I rather believe but when I plunged myself I did not find one element of gambling here.

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