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Author Topic: Bitcoin is not gambling  (Read 20880 times)
serverus
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November 15, 2017, 02:08:55 PM
 #1081

no it's not gambling but you can gamble it. Just remember when you gamble, don't gamble what you can't afford to lose.
Deddy_Kazekage
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November 15, 2017, 02:20:07 PM
 #1082

I personally refuse if Bitcoin is said to be a gamble .. maybe that's thought of some people .. because as long as I follow Bitcoin .. I invest it not I bet where I have to deal with the computer .. I'm afraid to do that .. my purpose here get profit is not loss or personal lust ..
tushin4
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November 15, 2017, 02:23:14 PM
 #1083

The definition of gambling is taking a risky action to gain a huge profit.But bitcoin is not risky at all.Bitcoin's history proves how much profitable and valuable it is.So,bitcoin is not gambling.
sorrowfulnightcries
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November 15, 2017, 02:55:17 PM
 #1084

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 because it is not a game with a set of rules that is totally reliant on luck with only minimal skills, though with those you can succeed in your investment ventures in bitcoins but that doesn't mean you will be able to make the most of it or even avoid scams and potential risks to your investments. Bitcoin is more like as a business than gambling, in bitcoin you put your trust to it by investing money because of the data and the legit information and that supports investors.

Carlsen
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November 15, 2017, 02:59:14 PM
 #1085

I think it all depends on how much you know about bitcoin.
Just investing money without any knowledge, only with the hope that the value increases, that would come very close to gambling.
But when you know what bitcoin is about, a little bit about the technology behind it and the community that exists around it, then you have good reasons to believe that the value will increase.
Then it's not gambling, then the estimation of an increasing bitcoin price is the result of researche.

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FIFA worldcup
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November 15, 2017, 06:26:38 PM
 #1086

You can't say its gambling or not.  Sometimes its depends, Like you invest some your money after that if you convert it into some crypto currencies like btc or ETH then you can say its a gambling.You're aware about the fact that the price will be increase but it can decrease also you takes the risk by investing.
Wingo
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November 15, 2017, 06:32:56 PM
 #1087

You use the flow of the price of the bitcoin and it is not gambling. The market continues to expand, the price may sometimes fluctuate but in the end, it will continue to increase.
DrYe5
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November 15, 2017, 06:47:27 PM
 #1088

I agree to others. Bitcoin is just a currency. Some people confuse others by calling it gambling because they seem like to not know what it really is. When you invest real money into somewhere and then it gives you BTC, then such kind of activity may be called as gambling, but not the currency itself.

I to agree with you because many people are using Bitcoin for gambling. So it makes them to feel that Bitcoin is gambling but I never felt Bitcoin is currency where very soon you can use it to buy all resources you want with Bitcoin.

Bitcoin is not a gambling because it is not an addiction to just a kind of work. I treat it as a hobby, and at the same time work. Thanks to that I am happy in what I do and feel confident in it.
jikurpa
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November 15, 2017, 07:10:01 PM
 #1089

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 bitcoin is not a gamble because we are investing not risking what we got we also start from scratch with a small account we invest with time and prediction analysis to gain profit in the future
alihassan99 (OP)
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November 15, 2017, 07:15:09 PM
 #1090

i was not aware at the time of posting this thread that it wil be intresting topic. but i saw many people replies and give their review about it.. and i have noticed that the mostly people say that it not gambling.. it depends on you Smiley

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HalfDeck
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November 15, 2017, 08:42:32 PM
 #1091

I agree to others. Bitcoin is just a currency. Some people confuse others by calling it gambling because they seem like to not know what it really is. When you invest real money into somewhere and then it gives you BTC, then such kind of activity may be called as gambling, but not the currency itself.

I to agree with you because many people are using Bitcoin for gambling. So it makes them to feel that Bitcoin is gambling but I never felt Bitcoin is currency where very soon you can use it to buy all resources you want with Bitcoin.

Bitcoin is not a gambling because it is not an addiction to just a kind of work. I treat it as a hobby, and at the same time work. Thanks to that I am happy in what I do and feel confident in it.
Exactly Bitcoin will not make you an addict as long as you do not love the technology of Bitcoin. But, do you love the value of Bitcoin Roll Eyes? Example if you love the value of Bitcoin and when it increases the price, do you want to make more money through trading Bitcoin? And there are a lot of people are addicted "trading" Bitcoin.
conceivedspoon2
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November 15, 2017, 09:26:13 PM
 #1092

Bitcoin is controlled and influenced by different forces. it is a currency not gambling. This currency is traded around the world, the entire world cannot be fooled. Economists and world analyst has come to agree with the currency and the good part is because it cannot be manipulated.
spngebob
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November 15, 2017, 09:47:51 PM
 #1093

You would be surprised how many people think that bitcoin is gambling, scam, fraud or some kind of scheme that can't work for long time. World is not yet ready to accept bitcoin, but don't worry, in couple of years everyone will realize that bitcoin isn't just a fraud, and then everyone will start to use it.
There are still too many people who are born before internet and all new technology era and to be honest I know many people who doesn't know how to turn on PC, so yeah, for them bitcoin is gambling because they don't understand it.
Mabyouka
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November 15, 2017, 10:08:52 PM
 #1094

Yes , bitcoin is very different from gambling !
Because in gambling all what you need is luck . But with bitcoin you need knowledge , gear to mine and skills to provide to people in return of their coins . You need to work hard to get bitcoin and not just pray for it .
crytomusica
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November 15, 2017, 10:12:53 PM
 #1095

Yes , bitcoin is very different from gambling !
Because in gambling all what you need is luck . But with bitcoin you need knowledge , gear to mine and skills to provide to people in return of their coins . You need to work hard to get bitcoin and not just pray for it .

That is right. Bitcoin has no relation with gambling. It is more like investing tool rather that gambling.

Lang09
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November 15, 2017, 10:20:50 PM
 #1096

I aggree to you, their's a big defference bitween a gambling ang investing.
Mazda17
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November 15, 2017, 10:32:31 PM
 #1097

You are right thinking Bitcoin is not gambling it is just digital currency but Bitcoin price is up and down thats why many peoples says its gambling or like as bubble but i am not agree with this people its their wrong thinking.
A good opinion and I like your opinion.
Bitcoin is not a betting that seems to be easy to take and whenever it is discarded but the bitcoin of a digital currency is very beneficial to the person who needs it.
Thymoty
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November 15, 2017, 10:47:30 PM
 #1098

of course it's not gambling, it's a lot of people around me when I tell about Bitcoin they say Bitcoin is Gambling,
so I tell them if we open our store to sell if it's not gambling, and they just pause and say arguments unclear ..

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gutshot5820
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November 15, 2017, 11:39:55 PM
 #1099

I haven't heard anyone that knows what they're talking about call it gambling. It's moreso those that watched fox news and think they know what they're talking about lol
Allura74
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November 16, 2017, 12:15:09 AM
 #1100

You are right thinking Bitcoin is not gambling it is just digital currency but Bitcoin price is up and down thats why many peoples says its gambling or like as bubble but i am not agree with this people its their wrong thinking.
A good opinion and I like your opinion.
Bitcoin is not a betting that seems to be easy to take and whenever it is discarded but the bitcoin of a digital currency is very beneficial to the person who needs it.
Yes. absolutely bitcoin is not gambling because it is a virtual currency or electronics money but it can be used to bet in every gambling and it is all up to every holder what he wants to do to his/her bitcoin. But looking to other side if you believe that the things which is have an unpredictable result then it will sometimes be consider as you gamble.

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