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Author Topic: Bitcoin is not gambling  (Read 20880 times)
kerjakuat
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December 26, 2017, 11:28:26 AM
 #1521

life is a gambling when you take a risk to gain or lose something correct.. so does bitcoin also.today it high up to sky..tomorrow we will never know what will happen. will it still stay up high or drop down hard..it is a gamble to me.

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sino22
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December 26, 2017, 11:32:27 AM
 #1522

in gambling you lose everything or win 2x,3x. but in bitcoin you cant loose everything just you can loose 1/2 or 1/3 of money not all of them
someone's response about bitcoin is different, for example I often hear, that many people who think bitcoin it is the same game, and there are mention that we maintain tuyul. whereas bitcoin is a kind of money but no form, and can help our financial problems.
nemesis_
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December 26, 2017, 11:34:53 AM
 #1523

Bitcoin is kind of cryptocurrency. It is digital money. A currency. So I don't think that bitcoin is gambling. It is an investment. But well, it is still on how a bitcoin holder uses it. If you used it to gamble, then it you just involve your bitcoin in gambling. But for most people here I think, they treat it as an investment.

daduremi
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December 26, 2017, 11:56:02 AM
 #1524

only a fool would say that bitcoin is a gamble, not a bitcoin instead of gambling this is an invetation ..
we bitcoin holders do not rely on luck like gamblers, we are here trading ... and equally profitable between buyers and sellers .. we read the market situation when the price will rise and when it will go down ..
the point is bitcoin is not gambling
ChrisSand
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December 26, 2017, 11:58:57 AM
 #1525

In my opinion its like a game rather than a gamble. A game where you can win if you are wise enough of your decision. In gambling no one wins but the house itself. In bitcoin the players or the investors will win if he make right decisions.
Choyor
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December 26, 2017, 12:01:42 PM
 #1526

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 do not agree if anyone says that Bitcoin is a gamble. Bitcoin is an investment, and I think investing is not gambling. if anyone thinks Bitcoin is gambling, that means they have not believed in Bitcoin, because they think Bitcoin investments are too risky for them.
Ngewex Yuk
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December 26, 2017, 12:25:21 PM
 #1527

in gambling you lose everything or win 2x,3x. but in bitcoin you cant loose everything just you can loose 1/2 or 1/3 of money not all of them

Yes like that, in gambling the number 1000 will be lost if we lose, but if it wins it can be 2000, 5000 or others, but bitcoin is not gambling because the reduced value is the value while the amount of bitcoin is fixed and unchanged.

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Roydgon
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December 26, 2017, 12:28:37 PM
 #1528

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.
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tikong
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December 26, 2017, 12:30:55 PM
 #1529

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 though some people see it from that angle since its worth goes up and down, maybe it can be used for gambling but it is not a gambling, it is a digital currency that can be used by all people in managing, storing and saving money, and also for investing and selling. And it is not illegal, actually it is spreading all over the world and that is very good to all. It is in the stuck market.
WUWARAOLUOXIANG
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December 26, 2017, 12:32:47 PM
 #1530

People who say bitcoin is a scam are just too ignorant. They can't accept anything advanced and new. And now they are crying.
ajiejot
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December 26, 2017, 12:33:58 PM
 #1531

Bitcoin is not gambling, Bitcoin is a virtual currency in which available as an economic market. Maybe some people think bitcoin is gambling because people take the risk of investing here as this involves money.

Exactly, bitcoin is digital currency. Bitcoin is use for payment, that's why they are telling bitcoin is gambling because when you do gambling in some online platform. Bitcoin is require, or mode of payment or like chips.
Yantoaja
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December 26, 2017, 12:35:48 PM
 #1532

I think bitcoin is not a gamble because here we are investing something that is called virtual currency or online by using internet access ...
FrenchCoffeezS
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December 26, 2017, 12:46:28 PM
 #1533

I prefer for if you choose gambling.. because we have all freedom in anything that we do something bad or good. For me I want to spent a good I prefer to put my bitcoin in I vestment not gambling.
olya_n
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December 26, 2017, 12:55:33 PM
 #1534

How can bitcoin be called gambling? Bitcoin is an investment. It's like putting money into the bank on a deposit, only interest is much higher  Smiley
GDragon
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December 26, 2017, 12:57:12 PM
 #1535

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, its a currency. Gambling is only an aspect of using bitcoin but the bitcoin itself it's not a type of gambling. Gambling is one of the idea to gain bitcoin by betting on online gambling sites.

UrosViewly
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December 26, 2017, 01:09:21 PM
 #1536

If you are putting money down randomly without any understanding of the underlying technology and how it all works... it could be considered "gambling".
It all depends on if you are trading, are in for the long term and what information you have at a given time.
That being said it is always a risk involved so make sure you have an out if something goes the wrong way ( for example having your stop loss in place is a good way to manage risk).
Nana99
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December 26, 2017, 01:11:28 PM
 #1537

Bitcoin is the currency. You can not say money is gambling. But if you capitalize your money and turn it into bitcoin this is gambling.
takose46
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December 26, 2017, 01:49:24 PM
 #1538

Because Bitcoin is anonymous and people will cover their real identify to gambling without any trouble with the law.

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supercanada1
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December 27, 2017, 06:34:25 PM
 #1539

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.
Agreed.Bitcoin is not gambling. But sometimes people use some bitcoin gambling site ,it is gambling. Bitcoin is invest your money at best time called trading.
Yeah people use to do thin but I think bitcoin is making risk if we put all of our capital in gambling. Now we are not sure that bitcoin will make profit in gambling or not because bitcoin has a lot of positive thing but if you are having high knowledge about it and you are having experience with bitcoin gambling. I use to take bitcoin as investment and it is because I think bitcoin is risky for using as gambling.
kinzey
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December 27, 2017, 06:53:36 PM
 #1540

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 in a way gambling but it is a different gamble. When you buy btc you are investing your money to grow. So you are gambling that the price will go up. Unlike casinos you gamble with actual money.

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