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Author Topic: Bitcoin is not gambling  (Read 20876 times)
Hobo66
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February 13, 2018, 02:37:49 PM
 #2081

I would not say bitcoin is an gambling personally,
It all depends on how you use your bitcoins, the
purpose of bitcoin is to invest for the future to get
more profit on your investment.

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ciciteng
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February 13, 2018, 02:38:27 PM
 #2082

Well, Bitcoin is *not* gambling. Its clear as day, its digital currency that will reshaping a new world.
Its new technology, people still look at the potential out of it. Therefore, you've heard a lot of speculation about it.
It same with internet in the early 90, we dont know yet what we can do with that for the sake of humanity. But once the Bitcoin technology and adoption are mature enough, you will smile to yourself Wink
Trust Bitcoin!

MilesMoses
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February 13, 2018, 03:30:59 PM
 #2083

Bitcoin is a very valuable crypto currency. Bitcoin is investment and if you define investment as a gambling than it is. Bitcoin technological progress can not be reclassified.
muratsink
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February 13, 2018, 03:34:53 PM
 #2084

Bitcoin is a very valuable crypto currency. Bitcoin is investment and if you define investment as a gambling than it is. Bitcoin technological progress can not be reclassified.

very true, it is hard to see bitcoin as gambling, because there is no element in it. this is the development of technology, if bitcoin is considered gambling means our thinking is still ancient. this is an investment of the times

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babu1989
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February 13, 2018, 04:17:14 PM
 #2085

BTCitcoin is not gambling. Bitcoin is a currency and it is safe investment of your money.
BitAngelTW
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February 13, 2018, 04:19:39 PM
 #2086

Well, I think that this is just gambling
You invested money and wait while bitcoin grows or falls
And here luck is 50%
Bitcoinismylife12345
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February 13, 2018, 04:24:08 PM
 #2087

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, but investing is. Investing your money and converting it to bitcoin is a gamble cause you risk your money in investing in a volatile currency. There's a chance of winning and losing so basically it's gambling.
Tukang Becak
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February 13, 2018, 04:58:34 PM
 #2088

True, bitcoin is not gambling but a high risk investment, if you are ready to make bitcoin as an investment then be prepared with risk, maybe with the risks invest bitcoin makes people say like gambling.
Last Song
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February 13, 2018, 04:59:08 PM
 #2089

Bitcoin is a very valuable crypto currency. Bitcoin is investment and if you define investment as a gambling than it is. Bitcoin technological progress can not be reclassified.

very true, it is hard to see bitcoin as gambling, because there is no element in it. this is the development of technology, if bitcoin is considered gambling means our thinking is still ancient. this is an investment of the times

I know it's not gambling and I act responsible in day trading and altcoin trading. I never take excessive risk and I protect my budget by the way. This is the way of surviving on crypto markets now.
Vin183~
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February 13, 2018, 04:59:55 PM
 #2090

Btc is different  with gambling. You to do btc as business
 You just invest small money you can get a big profit. If you are not lucky to do gambling, you can lost big money.
hazznel
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February 13, 2018, 05:01:04 PM
 #2091

a little bit is. when you sell your house and all your belongings, you gamble with the 1% chance of losing it all
Piapia
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February 13, 2018, 05:05:44 PM
 #2092

Bitcoin I think crypto currency is dedicated to investment. although the price is always unstable does not mean it is gambling.
lani123lani
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February 13, 2018, 05:15:37 PM
 #2093

Indeed you are right bitcoin not gambling but investing and investing, haya people who do not know it say bitcoin is gambling.

SteshaScott
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February 13, 2018, 05:53:19 PM
 #2094

I'm sure that Bitcoin is not Gambling. Its a money. if you bet that is called gambling that you can do with any type of money we are owning
cryptobrotherz
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February 13, 2018, 06:00:24 PM
 #2095

It depends on what you do with your Bitcoin. If you buy it and just hold it (hoping for the price to climb) then you are in fact gambling or betting on a price increase. Many people that bought in Dec or Jan are currently losing that bet. However, if you for instance trade (buy and sell over and over for noobs) Bitcoin then you are strategically making money with your Bitcoin. If you sell for more then what you paid... there is no gamble (other then the price dropping after you buy of course). That's what stop loss is for but that's another thread.
Trela
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February 16, 2018, 03:42:57 PM
 #2096

Btc is different  with gambling. You to do btc as business
 You just invest small money you can get a big profit. If you are not lucky to do gambling, you can lost big money.
Why do you not think Bitcoin also make you lose big amount? Do you think Bitcoin just a tool to creates profit for those who bought it? If this asset exist on the world, I do not think the world's economy is still normal in that time, because it has a biggest problem to running, lol! Grin

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Crystacool
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February 16, 2018, 04:01:18 PM
 #2097

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, I agree with you. Investing in bitcoin is not a gamble. Investing in bitcoin is a long process, and you need to spend enough time and patience to make a good profit.
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February 16, 2018, 04:03:55 PM
 #2098

there may sometimes be some assessing the bitcoin gambling, but if they learn in detail, many of the benefits derived from bitcoin. all of that will feel the same if you really understand the vision and mission bitcoin.
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February 16, 2018, 04:13:44 PM
 #2099

Investment is for the future. Internet is for the future. Money is in the moment also for the future. Business is active at the present and in the future. Gambling is business at the present and gambling in the future. People misunderstood bitcoin coz they don't know what bitcoin is and what its advantage and disadvantage. Without the proper understanding to btc people will end to mislead. They though it is gambling and yes they are right, but not indeed bitcoin. In bitcoin almost all aspect of business project can be found and find in this crypto world. From space to land form of business. Almost everything including gambling is here.

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February 16, 2018, 04:26:23 PM
 #2100

they are several way to get bitcoin, gambling is one of them. bitcoin itself off course is not gambling, people said it is gambling may be because the price is unpredictable and move like roller coaster  Grin
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