Bitcoin is not gambling

[MWesterweele]

Many people say bitcoin is gambling or ponzi scheme, this is because the prices are up and down to thousands of dollars a day, but I think this is because of the needs factor in the market.

Yes its not gambling but some part of bitcoin is like as gambling, the example of this is investment because when you invest your bitcoin there possibility you might gonna lose or win. But the good part of investment when you win you can be a rich instantly and that can bu anything you want while the bad part is when you lose, all you invest will might gone instantly. So when you investing dont put all you bitcoin, its better if you split it or just half of your saving.

[johnpaul12]

you can use bitcoin for gambling like online poker, bets, or any other gambling things. But you need bitcoin wallet in order for you to place your money.

[Ronyx]

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.

which says bitcoin is gambling that people are not familiar with bitcoin. but once they know more about bitcoin, surely they will change their opinion.

[chanchenjhun]

They have a lot kind of bitcoin. Yes the one is gambling but, theres more like trading,invesment,mining, and earning faucet. As now many bitcoin users are playing gambling bitcoin. For me if you want to grow your bitcoin just stop playing gambling and start to invest beacause investment is 100%  earn btc if you can invest a big btc you can also earn big or you can stay this forum and join more campaign to get more btc.

[Swoshinima]

It's not gambling, but it does have some similarities, especially if you do not really know when to buy and when to sell.

[Bitcoin2009]

Bitcoin is a new technology and financial system of the world, if now there is a saying bitcoin is a gambling of course because they think that bitcoin is nothing to protect so the price can drop anytime.

[lani123lani]

Yes, bitcoin is not a gamble but can be used to gamble, most people who do not know about bitcoin think that bitcoin is gambling, because it can make money from bitcoin ,, this may be an uncertain price.

[easynote]

ndividuals do contribute their chance and cash, yet that doesn't generally ensure that they'll profit back they put in. I trust that thought that Bitcoin is betting in light of the fact that the cost is unstable and not steady. The way that the esteem isn't exceptionally steady and it can drop low making it extremely unsafe too hold for long haul, there is a bit fo betting in bitcoin like in any speculation, so contribute what you can stand to lose and no more, yet it's actual that bitcoin have more potential.

I don't consider Bitcoin as a gamble, the investment is mostly just an investment. There is no chance that the coins will go up or down without people purchasing or selling it.

[gwaposakon101]

Yes of course bitcoin is not a gambling some people said its gambling because maybe they dont have idea what bitcoin is

[irienoodles]

Bitcoin is a digital currency.
You can spend it to buy goods or services and also use it as an investment.
Investing it and waiting or doing something for a higher return.
Investing is like gambling. There is a possibility that you will earn or lose your money.
Hence, Bitcoin is not gambling. it is something that can be used to gamble.

[1jaffa1]

Hi there.. In the common society there is i belief that the internet related money is always a fraud and a gamble as they might have heard such stories before. In the case of bitcoin and other digital currencies, the result is same according to their opinion.

[cepedacharles]

Yes it's true, Bitcoin is used in gambling but 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. and Bitcoin is currency and also an asset and let the misinformed person to be informed well about bitcoin.

[muratsink]

bitcoin is not gambling, but almost all currencies are used in gambling. I would hesitate to use bitcoin in gambling with such a high price, I do not want to lose bitcoin quickly.

[codpku]

Yap bitcoin not gambling
Its part of currency
Digital currency for sure
In trading with bitcoin too not gambling if you study about it

[Twentyonepaylots]

For me bitcoin is not considered gambling because the only thing you do in bitcoin is invest, so you are literally just waiting for your money to profit. and gambling is just purely relying on luck and such.

[popoypalaboy03]

Any type of trading is some form of gambling because it requires making predictions regarding probability.The difference with trading digital assets like BTC is that there is some potential inherent value of BTC that may be undervalued or overvalued at any given time.

[balamuda]

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 not guaranteed profit or loss. but bitcoin is digital currency, it can be for investment to gain profit.

[merlyn22]

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 bitcoin is not gambling. It is digital currency that can be use to play on gambling site. Some people say investing on bitcoin is like you gamble. It can be lose or it can be in profit.

[felicanoma]

Bitcoin is a digital currency, if anyone mentions that bitcoin gambling is a very stupid layman, maybe most of the chicken's ass eating it people.
do not bother with someone if you say something like that, sometime if he already knows what bitcoin he will regret it himself.

[iloveass2]

Bitcoin is a currency just like out cash. And with cash we can use it to gamble and stuff right? So as bitcoin. But depend on people want to use bitcoin on something. It might the same as gamble thing while we invest our money into it and wait for the price to go up and then convert it into our currency. For the record it's not gambling anyway.