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Author Topic: Bitcoin is not gambling  (Read 20464 times)
Trela
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February 16, 2018, 03:42:57 PM
 #2101

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
 #2102

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.
Abete
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February 16, 2018, 04:03:55 PM
 #2103

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
 #2104

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
 #2105

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
J_CCreate
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February 16, 2018, 04:29:00 PM
 #2106

If bitcoin is gambling than investing in stocks is gambling.
Elexsis
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February 16, 2018, 04:29:17 PM
 #2107

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.
People saying gambling on bitcoin because they really don`t know whats the real story or how bitcoin really works, but for us who have experience we cant force them to understand what we do or what we have done just to earn money in bitcoin.
Glorious04
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February 16, 2018, 05:12:59 PM
 #2108

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.
No it is not gambling but the nature of investment in it is also related to gambling. Like you take the risk of losing your capital because you dont know how much will be the price tomorrow of when is it going to recover in value. It is 50/50 chances too.

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February 16, 2018, 11:18:25 PM
 #2109

Bitcoin is a digital asset that can give us some benefits. Like other assets of bitcoin can also be duplicated in several ways such as investing or participating in gambling. Not just bitcoin that can be used as a tool for gambling but money and goods can be a tool to be at stake so wrong if bitcoin is said to be gambling.

 
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KBB BIHAG
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February 16, 2018, 11:22:01 PM
 #2110

Bitcoin itself is a currency, not an activity. Even if what they meant is the campaigns, I would agree with you. We use our brains, not our chances.
yesuidanggan
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February 16, 2018, 11:36:06 PM
 #2111

No, it's similar to virtual currency, which can be cashed and converted into the currency of most countries. Users can use COINS to buy some virtual goods, such as clothes, hats, equipment of network game, etc., as long as someone to accept, also can use COINS to buy items of real life.

Noilee
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February 17, 2018, 12:26:19 AM
 #2112

Bitcoin is not a gambling, maybe some other people use bitcoin gambling, but we did not say that it is a gambling. Maybe some other people may say its a gambling because it takes a risk when you put your money when you invest. So its not a gambling its a currency and its an investment. I heard there a lot of people are already rich and success when they invest in bitcoin.
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February 17, 2018, 01:07:15 AM
 #2113

In my opinion, bitcoin is not gambling because we are investing. But many people who think they are gambling may not drink enough coffee or my experience has been explained but many also do not understand and do not believe what they see is not true. Smiley Smiley
Alfarizi
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February 17, 2018, 01:39:30 AM
 #2114

many people are crowding to say bitcoin is a gamble but for me bitcoin is not a gamble because bitcoin is the exchange of coin shards of low coin to coin whose value is high as well as regular money values ​​like Rupiah to Dollar
smhome354
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February 17, 2018, 01:53:28 AM
 #2115

Bitcoin is really not gambling. In gambling all the persons participating want to win and if a person wins his opponents loose their money. In legitimate investments the participants also want to win but there are no opponents so the winners are not taking away other people's money.

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Vaculin
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February 17, 2018, 01:55:12 AM
 #2116

many people are crowding to say bitcoin is a gamble but for me bitcoin is not a gamble because bitcoin is the exchange of coin shards of low coin to coin whose value is high as well as regular money values ​​like Rupiah to Dollar
It's not a gambling but it's really a gamble as you need to take the risk in order to invest with it.
Knowing that the price may go up and down, there is a risk it might not go based on your prediction, therefore you need to be smart of taking risk only what you can afford.




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February 17, 2018, 01:58:50 AM
 #2117

The way you invest your money to bitcoin it's called gambling, however the technology itself (blockchain) isn't gambling. It's the way you risk your money, your hoping that your money comes back x2, x3, or up.
CucuH4rlan
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February 17, 2018, 02:31:51 AM
 #2118

I think it depends on how you work to produce bitcoin. If you get Bitcoin from a bounty campaign and social media, I do not think it's a gamble.
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February 17, 2018, 02:49:22 AM
 #2119

Usually, Bitcoin is not a gambling but used to gamble, like investing everybody knows investment in bitcoin is too risky. Nobody knows when the price of Bitcoin going up or down.
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February 17, 2018, 02:52:24 AM
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 #2120

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 as we all know is a technology that was made for anonymity and convenience when purchasing something online or paying someone other than FIAT money. Bitcoin as a whole is not gambling.

Gambling is something where in you take a risky action in return for a desired amount of money or profit.
Everything we do that would lead to a loss of money or potential earning of money is called gambling. There are many forms of gambling. When you try to buy bitcoin and think of it as an investment vehicle we can clearly say that you are already gambling since you want or desire to profit in the near future with the trend that's happening right now. Since bitcoin value is very volatile there's no assurance if you can purely profit or lose everything you invested so your already gambling your money.

Any form of risk that could lead you to profit or loss of many is called gambling. Even putting up a business is also gambling. We just have to make sure that we invest only an amount that we can afford to lose.

Always remember that high risk is equal to high reward or possibility of losing everything when it comes to crypto or bitcoin investment. As long as you believe in bitcoin's technology accompanied with daily research about it you'll feel comfortable and knowledgeable with the investment that your in. So if shaky times or if btc value will fall drastically you can diversify automatically and try to cut your loss by investing into the next coin that you think will skyrocket in the near future.

Knowledge about something that you invested in is the key to success. Don't invest because someone say so. Do your research and your hard work will get you lots of profit! Goodluck and happy hodling!  Smiley

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