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Author Topic: Bitcoin is not gambling  (Read 20829 times)
Tambu
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January 10, 2018, 07:36:09 AM
 #1701

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 not a gambling it is considered a currency (Cryptocurrency).
But trading  of btc can be compared to gamble but this is a good gambling because you can predict if you are in winning or not unlike the true gambling is always base on luck.

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Andria123
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January 10, 2018, 07:46:45 AM
 #1702

Usually Bitcoin is not gambling it's all about the investment,trading,cryptocurrency,earnings,some of these they use us a bussniss purposes,transactions,money exchange,so that things sounds similar is not gambling,Bitcoin is  have many different usage,but it's depend on you how you will used in a proper way if you have a proper knowledge about this kind of furom

qvoca
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January 10, 2018, 07:58:01 AM
 #1703

Bitcoin is not gambling, but this is a big risky game and you do not know whether you win or lose

removebeforeflight
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January 10, 2018, 08:00:41 AM
 #1704

If you think bitcoin is gambling, yes it is. Have you by any chance know about share market? In share market paper currency is used in the form of shares for gambling to raise or pull down the price of a currency. Like wise all the currency like crypto or paper, everything involves some kind of drive and as you said this may be called as gambling. Both cryptocurrency and paper currency has a separate gambling platform if any one wants to take part in it.
1-DevelopEX
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January 10, 2018, 08:03:11 AM
 #1705

Yeah its not,
Bitcoin for me is one of the top trading instruments we have in the market with the total maket capital of almost 250 Billions of dollars,
But what do you mean about when you say Gambling,?
Because for me when i trade or invest with the unstable bitcoin maket we have its like a gambling also because it not always win, and the chart is really unpredictable
ardyology
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January 10, 2018, 08:12:23 AM
 #1706

Gambling is when you don't have faith with your portfolios and you only use it because you want to take a chance in getting something out of those. Bitcoin is totally a different story. Bitcoin has an amazing platform structure hence it's the father of all cryptocurrencies. Bitcoin, in my country is considered as a security and hopefully soon as a currency. If you will have an in depth research about the platform you will definitely put your faith in Bitcoin. Bitcoin knows how to give back and love back, that is for sure.

poplolnman
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January 10, 2018, 08:15:08 AM
 #1707

On the gambler's eye, bitcoin is actually a gambling because when you invest, it's either you will earn great profit (WIN) or you might find yourself in a hole where you want to sell your bitcoin at a very low price (LOSE) when it's price goes down deep. So it's really very important that you have to know first about what you are really investing to.
Yeah those people who get used to gamble tend to think simply, don't want to through complicated way just like what we always did in trading to look for reference from a lot of sources, they think it's pretty simple to buy low and sell high randomly in hopes get the luck. And investing in bitcoin itself required a deep research so you aren't gamble there.

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skyland999
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January 10, 2018, 08:22:52 AM
 #1708

bitcoin instead of gambling it depends on us, but the problem is how do we find the bitcoin that makes us trapped in gambling, many ways to get bitcoin one of them get bitcoin by gambling we are looking for bitcoin by way of GAMBLING I think it is gambling and there are still many ways to get bitcoin in a good way
AsusBitcoin
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January 10, 2018, 08:36:11 AM
 #1709

Yeah right, bitcoin is not gambling it is a digital currency used for payment system, like other currencies. It can used for investment, trading and also for gambling.
haxker007
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January 10, 2018, 08:44:11 AM
 #1710

A money can never be gambling. BTC is never betting. You purchase BTC by cash. How might you utilize it? On the off chance that you utilize good activity great and terrible things when utilizing awful. All relies upon the client. I don't comprehend why individuals say BTC is gambling.
Gladz29
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January 10, 2018, 08:47:02 AM
 #1711

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.
For me it's not gambling. Because you work for it to earn bitcoin. You go for trading to earn more profit. But other say bitcoin is gambling but it depends to others how they handle their bitcoin. For me bitcoin is investment for the better future.
fredo123
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January 10, 2018, 08:53:46 AM
 #1712

Bitcoin is not gambling, for me it is an investment, though there are terminologies of investing bitcoins which are closely like gambling, in the manner of win or lose mode. We all know bitcoins are unpredictable, sometimes it goes up and down. and every time bitcoin fluctuates, there's a opportunity behind it.  Smiley
zhqqnhivae
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January 10, 2018, 09:02:11 AM
 #1713

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.
The risk of bitcoin is like gambling, but the same is true of earnings. The difference is that this is more meaningful than gambling.
LegGekkouga
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January 10, 2018, 09:35:56 AM
 #1714

Yes correct. Bitcoin is money, money can't be called gambling. There are many ways to gain money grom bitcoin campaigns, trading and gambling. But gambling is only a part of bitcoin, not bitcoin itself.

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DrewAn
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January 10, 2018, 09:57:59 AM
 #1715

The price fluctuates almost every day and for me its like gambling as you are too unsure a about the possible price after 3 hour or day
Blackhammer321
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January 10, 2018, 09:59:40 AM
 #1716

Technically it is not a gambling , because i earned my bitcoins through jobs such as different campaigns. I think your thinking about the investing on bitcoin would it be a gamble or not ? because it can just increase or decrease like gamble that is win or lose right ? In my own opinion, its not  Wink
tanaka collin
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January 10, 2018, 10:05:14 AM
 #1717

I don't know why people say bitcoin is gambling. It's not gambling. You are investing your money and time. You use your internet. So it's not gambling dealing with it.
Someone say that Bitcoin Gambling is people who don't understand against Bitcoin. When the person is not yet known the Bitcoin deeper but because he knew his downside Bitcoin so he could be thinking like that.
Traslavin
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January 10, 2018, 10:05:24 AM
 #1718

Technically it is not a gambling , because i earned my bitcoins through jobs such as different campaigns. I think your thinking about the investing on bitcoin would it be a gamble or not ? because it can just increase or decrease like gamble that is win or lose right ? In my own opinion, its not  Wink
Of course yes bitcoin is not gambling either we look it in any other way. Maybe some of us here are using bitcoin in a gambling but saying bitcoin itself as a gambling I guess is not the proper way. The used of bitcoin is depend on the used also of the people who have their own bitcoin in account.  So I would definitely disagree saying that bitcoin is a gambling.

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ZZ8ZZ
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January 10, 2018, 10:14:53 AM
 #1719

I agree with most of you here. Bitcoin is not gambling, but trading if you know what you are doing. There is a way way bigger possibility to make profits by investing in Bitcoin or other Altcoins instead of putting all of your money on red for example  Grin BUT if you're a newbie and start putting your money blindly in random ICO's, Altcoins etc. without any due diligence at all -> YES that's gambling (and still you have better chance to make profits in the long run  Grin )
piterlove
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January 10, 2018, 10:16:57 AM
 #1720

I think bitcoin is not gambling, because it has the value and meaning of existence.
People can make money by investing. It is more like stocks.
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