Bitcoin is not gambling

[Ian Dave]

I don't think that this is a gamble, but if you're working a nice campaign it's not gambling because you're working right here. But there is another job here in Bitcoin that there is gambling, but I'm not sure about that. I just read some comments here. You just earn and invest here more money.

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[pinoyden]

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 cryptocurrency and gambling is to gamble, these two words are completely different to each other but some people might say bitcoin is like gambling its because they are risking their own money to invest and trade on it with no assurance that they can earn a profit by doing it just like gambling which also requires luck to win and make a profit.

[n0ne]

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.

Yes, it's upon the users self thinking. In the early days when bitcoin was gaining popularity little by little it was much used for gambling and for illegal trades. Just on this information people thought bitcoin is gambling, also gambling websites were found much with bitcoin acceptance. So every bitcoin users at least once could have participated into gambling. This too might be the reason for the same.

[jassanpary]

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.

Exactly bitcoin is not a gambling, proper way of investing and making profit out of it with a knowledge about digital currency.

[FrankGismoeas]

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.

I agree with you bitcoin is straight gambling without knowing the income and you can make a lot of strategies for yourself to earn a lot faster or have no loss but you will never actually know what will happen at that moment so you just wait.

[thenameisjay]

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.

Maybe because they think about it as a 50-50 kind of investment that's why they see bitcoins as a form of gambling. You gamble your money on something you don't quite know and intangible to you. It's true you are investing time and money, but the risk of losing all you have on bitcoins. That's why it's a form of gambling.

[Ilkap]

Hello guys, I checked in here, because I want to make some kind of bet with my friend. Bet for 0.1BTC that the bitcoin rate will be above 10,000 by February.

Actually, I would like to hear your opinions on this matter since this is true gambling)

[coin5haker]

Definitely not a gambling, but way too volatile. That recent rally with BTC price going down, then BCC up, then otherwise. Wow, sellers in localbitcoin didn't even updated price, trading way above market.

[Cinemo]

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.

But some people used this to play in gambling lol so basically it will called gambling . if you invest or trade? This is not a gambling it called RISK ! Because you need to take the risk to get a huge of money in the future.

[grermezter]

In some ways, I will like to think bitcoin is actually gambling, you may buy a whole lot of them and in one minute the value comes crashing down because we don't know when and if it's going to rise or go down. We just Nuys in the hopes that the value will rise so that we can make some good money out of it.

[sicparvismagna]

I guess it varies upon the user of bitcoin people have their different opinion and views regarding bitcoin, there's nothing we can do but respect and let them be on their opinion because that is what they see it. On the other hand, I personally think of investment which is a bit like gambling but not gambling why? Because we are taking a risk here admit or not we are like gambling to see if the price is going to take an increase or not, but it is more an investment because we see at as our way earning additional income.

[Sum24]

bitcoin is not gambling, people who do not understand may think that bitcoin is gambling. bitcoin is the same as other investment commodities such as gold, share certificates and forex which have the theory of demand and inventory of the movement of price can be known by doing analysis of market action and the amount of supplies that will make prices corrected up and down this momentum can be used to take advantage as much as possible that we can get.

Yes its true bitcoin is not gambling because bitcoin is a digital currency and here you can earn bitcoin by doing hard work on daily base or you can invest here or with daily trade and it will always give you a profit and in gambling you can lose your money and I think those who lose in bitcoin they never come back to ward gambling.

[Anies_Sandi]

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 cryptocurrency and gambling is to gamble, these two words are completely different to each other but some people might say bitcoin is like gambling its because they are risking their own money to invest and trade on it with no assurance that they can earn a profit by doing it just like gambling which also requires luck to win and make a profit.

depending on us also, want to choose which one. because the bitcoin there are two choices of gambling or not, if I still prefer crypto rather than gambling, because I think that gambling is not good, and it is prohibited

[developer101dev]

bitcoin is not gambling, people who do not understand may think that bitcoin is gambling. bitcoin is the same as other investment commodities such as gold, share certificates and forex which have the theory of demand and inventory of the movement of price can be known by doing analysis of market action and the amount of supplies that will make prices corrected up and down this momentum can be used to take advantage as much as possible that we can get.

Yes its true bitcoin is not gambling because bitcoin is a digital currency and here you can earn bitcoin by doing hard work on daily base or you can invest here or with daily trade and it will always give you a profit and in gambling you can lose your money and I think those who lose in bitcoin they never come back to ward gambling.

There is bitcoin gambling, But some of them are thinking bitcoins is really a gambling, They only think of this concept because they think that its a 50/50 chance to gain your profit back and its true if you are into trading. You can still work on bounty campaigns and earn altcoins without the risk of losing profit.

[avanol]

I don't think that bitcoin is gambling because it only goes up in value. Sometimes it goes down but it doesn't matter that it goes down if you know that it will go up again. And i think that the value will be around 15k next year because the popularity is increasing.

[stepwilli]

probably because of the large number of people who use bitcoin for gambling, so the opinion of the future will lead to a statement that bitcoin is a gamble.

This is true a lot of the people are here who are using the bitcoin for the gambling and the bitcoin is best way for them to increase money and the power I hope the future of the bitcoin will give all the people the chance to increase the income and just through the bitcoin investment this will be possible I know how the bitcoin is getting famous and how it is giving the chance to the user to have the future.

[cryptolit]

It's an investment but a risk; you could lose your money in it. There's not much difference to gambling.

[BarbieCasino]

Bitcoin is a good earnings

No doubt the bitcoin is the best source of the earning and the bitcoin is giving all the people the best profit. I am sure the future will be the time of the crypto and a lot of the people will buy the bitcoin at the very high profit, now it is the time to make the bitcoin and to have the fun with the bitcoin, hope the future will give us the best profit and we will gamble in the bitcoin but for the gambling we need to be very and very careful.

[nujeryts]

Maybe more exactly bitcoin is an investment, because it is basically a bitcoin crypto currency. Many people love it then invest. if it is said the bitcoin is gambling I think is not quite right, more precisely toward investment. That's just my opinion.

[Pa1n]

Sometimes its feeling like Las Vegas air But its actually depends on yourself.
A progress is a gambling in BTC.