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Author Topic: Bitcoin is not gambling  (Read 20829 times)
b_parin
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November 12, 2017, 02:32:23 AM
 #981

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 itself is a currency. We can call bitcoin a gambling once we convert our real money into bitcoin just for the sake of hoping it will rise in the future.
So it is a gamble because you will never know when will the price drops or when will the price rise.  
Bayuanggara
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November 12, 2017, 10:21:35 AM
 #982

bitcoin is not gambling. bitcoin is the same as the currency. the difference is not owned by a country.
dekafee79
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November 12, 2017, 10:22:46 AM
 #983

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 think so. its investment. and true invenstment
webdevmastery
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November 12, 2017, 10:25:43 AM
 #984

There are different way's on how to earn bitcoins but bitcoins itself is not gambling. There are two concepts of earning bitcoins which is trading and gambling and that is the right way on how you are going to look on bitcoins.
BlackRacerX
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November 12, 2017, 10:30:26 AM
 #985

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.

Bitcoins aren't even close to be calling it gambling. However, investing in bitcoins is the true gamble here. You have to always speculate, analyze, and intelligently guess every move you will be making. Because one right decision or mistake can put the value or quantity of your bitcoins to jeopardy. Every investment that ever existed is and always will be a gamble.

Chachacoin17
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November 12, 2017, 10:34:28 AM
 #986

There are different way's on how to earn bitcoins but bitcoins itself is not gambling. There are two concepts of earning bitcoins which is trading and gambling and that is the right way on how you are going to look on bitcoins.
well bitcoin is not really a gambling it is an investment .gambling is an act of  a person who want a big money in a shorter way that is why they do gambling even if they will end up to losing.while bitcoin is an instrument that can make us profitable if we do buy and selling.in the status of the bitcoin most convenience price  then hold and wait for  the price of bitcoin to rise  up higher than today.although bitcoin is almost the same as gambling because it needs also luck to gain sometimes but we  cant really called it as gambling because  they are difference.
poisonivy77
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November 12, 2017, 10:57:38 AM
 #987

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.

in some way it think of bitcoin as a form of gambling where you invest with the expectation to earn more than what you have invested, in other side you could have lost by having your investment as a down profit.

Xember
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November 12, 2017, 11:03:00 AM
 #988

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 is most certainly not. In gambling, we place our bets and we hope that luck will favor us because there is a probability that we lose or we win. These characteristics of gambling have no similarity to bitcoin at all. Although, we can use bitcoin to gamble, still bitcoin itself is not gambling.
mikaeltomcruz12
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November 12, 2017, 11:06:29 AM
 #989

Absolutely not, It is digital currency that you can invest your money and time others think this is gambling i think because of the unstable price of this. They think it is risky to invest on this because of that reason.
Scavagers
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November 12, 2017, 11:26:11 AM
 #990

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 it's true, bitcoin is not a gambling that you take a lot of risk by playing it because you are investing your money. I know there are some gambling sites that you can use your bitcoin to play but you cannot still considered bitcoin as gambling.
bristlefront
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November 12, 2017, 11:32:42 AM
 #991

Bitcoin is used in gambling but not gambling itself. Bitcoin is currency and also an asset and let the misinformed person to be informed well about bitcoin. People will keep saying bad things about it until they know what it really is.

emanbea1234
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November 12, 2017, 12:53:13 PM
 #992

 This lead to the misunderstanding and people started to think that bitcoin is gambling. In one term it has gambling as well bitcoin gets related, both has the highest risk in it.
DoublerHunter
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November 12, 2017, 12:55:56 PM
 #993

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 it's true, bitcoin is not a gambling that you take a lot of risk by playing it because you are investing your money. I know there are some gambling sites that you can use your bitcoin to play but you cannot still considered bitcoin as gambling.
Bitcoin is not a gambling because it has its own risk and system that the gambling doesn't have. Gambling is when you are risking your money into a game that doesn't have any assurance. Bitcoin is risky but it has still assurance that in the future, it might be a very mainstream currency and become one of the most popular way of transacting money through the internet.
Imperalta09
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November 12, 2017, 01:30:28 PM
 #994

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.

That's right, Bitcoin itself is not a gambling it's a currency to be and is used. But we got to admit that almost all bitcoin related industry is a gambling from trading, investing and gambling itself and other forms of bitcoin transaction. But comparing to gambling investing and trading bitcoin is different, well it is really considered a gamble because of the risk it has but in bitcoin it has high chances of payout just need the right knowledge and experience and cyrptocurrency.
Johnzky
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November 12, 2017, 01:36:03 PM
 #995

Bitcoin is a currency and a part of growing crypto currencies.gambling is one means of investing to earn.and just like all the alts here.bitcoin is convertible to physical money.hope thats enough to say bitcoin wasnt gambling
valentine401
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November 12, 2017, 01:49:08 PM
 #996

Everyone has different perspective about bitcoins and maybe some of us look at it as a gambling. Maybe if they are going to give a clear explanation or a seminar to those person who really do not understand about bitcoin then it will be clear to everyone.
Rangga27
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November 12, 2017, 05:48:54 PM
 #997

Someone use bitcoin and other currency to gambling,  so much website bitcoin gambling
Andre#
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November 13, 2017, 11:24:50 AM
 #998

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.

That's right, Bitcoin itself is not a gambling it's a currency to be and is used. But we got to admit that almost all bitcoin related industry is a gambling from trading, investing and gambling itself and other forms of bitcoin transaction. But comparing to gambling investing and trading bitcoin is different, well it is really considered a gamble because of the risk it has but in bitcoin it has high chances of payout just need the right knowledge and experience and cyrptocurrency.
A trader can become a gambler and reverse, a gambler can also become a trader if they calculate their profits, loss careful.
As your said, Bitcoin is really a gamble because nothing can increases the value fastly and reaches to high price as Bitcoin at now.
Old bubble in the past can not compare to Bitcoin growth.
EVYFZ
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November 13, 2017, 11:32:03 AM
 #999

Bitcoin is a good earnings
webdevmastery
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November 13, 2017, 11:35:23 AM
 #1000

It depends on the perspective of the person, Some people is treating bitcoin as a gambling because they never know how to earn profit. The mentality will be depending on the person, On how he/she will believe.
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