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Author Topic: Bitcoin gambling as investment?  (Read 609 times)
BitNotByte (OP)
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January 24, 2018, 07:40:43 AM
 #1

So here I have a friend who's inviting me here on the said gambling investment. It's just simple, you'll send your bitcoin (investment on any amount) on that person then he's going to play using the money collected. After 7 days,  your investment will be doubled and the money will be sent back to you after deducting the trans fee. There is a chance of losing but if your money loses, you'll. Be given a 10% refund.

Someone already tried this? Safe or not?? 

ajjhu
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January 24, 2018, 07:47:22 AM
 #2

I think this is very insecure. Because you are not involved and you do not know which one is working, you can only give the money to your friends. I think this might as well go to ICO, at least you can choose, select their own approved projects.
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January 24, 2018, 07:52:30 AM
 #3

It seems like an obvious scam to me.

How do you know they will gamble with your money? They could just keep the 90% and say you lost.

Anyway, why can't you gamble it yourself? Do they claim to have a system? If they claim to have a system, then it's probably a scam.

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January 24, 2018, 07:55:40 AM
 #4

That's very dangerous, because if your money is gone I do not think it will come back, and not necessarily the person who manages it always get results, you better invest to buy some good coin, like ETH, Xrp and other more secure
Rodge182
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January 24, 2018, 07:59:31 AM
 #5

So here I have a friend who's inviting me here on the said gambling investment. It's just simple, you'll send your bitcoin (investment on any amount) on that person then he's going to play using the money collected. After 7 days,  your investment will be doubled and the money will be sent back to you after deducting the trans fee. There is a chance of losing but if your money loses, you'll. Be given a 10% refund.

Someone already tried this? Safe or not?? 

LOL. Not at all. There's no assurance of that. You'd better do the gambling yourself at least you have experienced and felt how you will lose your money. Anyway, it is not considered as an investment at all. Investment means there's a slight percentage you will get a sum of what you have invested in gambling there's none.
Meysa_richa
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January 24, 2018, 08:21:26 AM
 #6

It's very dangerous to make an investment, better do not do it, it's very risky, you can lose all your money, you better invest in a quality coin coin to buy like Waves, doge and others for the future
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January 24, 2018, 08:34:49 AM
 #7

So here I have a friend who's inviting me here on the said gambling investment. It's just simple, you'll send your bitcoin (investment on any amount) on that person then he's going to play using the money collected. After 7 days,  your investment will be doubled and the money will be sent back to you after deducting the trans fee. There is a chance of losing but if your money loses, you'll. Be given a 10% refund.

Someone already tried this? Safe or not?? 

i wouldn't be doing it myself.
and i also wont recommend it to anyone.
the risk is very high that you will lose everything you invested with them.
nothing can stop them from telling you that they have lose in every bet they made even if they won.

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January 24, 2018, 08:39:04 AM
 #8

It's pretty unsafe. Isn't that a gamble?
It's a classic pyramid scheme or a ponzi scheme, and it's just a gamble with bitcoin, which I think is pretty dangerous and should be kept away.

YuginKadoya
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January 24, 2018, 08:55:45 AM
 #9

In my opinion it is not really safe and a total scam, that person is using another ones money to gamble then he's going to return the money doubles when it wins but if they lose 10% as rebates I really think this is not a good idea and using your money you will let them gamble for their sake, I really feel if they can not get back your money and lose they will sure run away with it.
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January 24, 2018, 09:07:22 AM
 #10

How are you sure that your investment gets “doubled” within a week? We all know the uncertain when it comes to gambling. Let’s just say it isn’t a scam, but the risk is so much higher than just holding the coins.
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January 24, 2018, 09:11:03 AM
 #11

So here I have a friend who's inviting me here on the said gambling investment. It's just simple, you'll send your bitcoin (investment on any amount) on that person then he's going to play using the money collected. After 7 days,  your investment will be doubled and the money will be sent back to you after deducting the trans fee. There is a chance of losing but if your money loses, you'll. Be given a 10% refund.

Someone already tried this? Safe or not?? 

I think you are talking about ponzis here. Ponzis are usually run by a person who collects the money and tries to invest in some places, if he gets a good return, he will share the profit with the investors and if he doesn't, he will simply run away. Unless you know that person personally, don't expect to receive even 10% refund. This is the riskiest investment for any market, be it crypto or fiat. So if anyone is trying to pull funds in the name of gambling investment, you should report that in "Scam Accusations" sub-forum so that a proper action can be taken against such people. Please note, that bitcointalk doesn't support such kind of activities here.

BitNotByte (OP)
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January 24, 2018, 09:22:46 AM
 #12

we don't know him personally, he is just offering this as his business. Thanks for your comments and suggestions, i think i'll just play it on my own. lol Grin

menggay16
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January 24, 2018, 09:32:35 AM
 #13

Gambling is a bad ways to investing your funds. Theres a lot of propitable ICO to invest your funds, and ensure your funds are safe. Do not believe your friend to say that gambling is a good way to investing your funds, maybe she/he can say that because she/he know the treand or strategy to what she/he doing it.
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January 24, 2018, 09:43:37 AM
 #14

Nah, I don't think it's good, reliable and safe investment. There are always chances of winning and losing in gambling, if you win your lucky, if not then sorry. I think investing in much safer investment like ICO is better option than investing in gambling.

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January 24, 2018, 09:45:33 AM
 #15

So here I have a friend who's inviting me here on the said gambling investment. It's just simple, you'll send your bitcoin (investment on any amount) on that person then he's going to play using the money collected. After 7 days,  your investment will be doubled and the money will be sent back to you after deducting the trans fee. There is a chance of losing but if your money loses, you'll. Be given a 10% refund.

Someone already tried this? Safe or not?? 
As far as I'm concerned, neither of them is the same from nature to form although you spend some money. investing or gambling is risky but gambling is much more risky. As you invest you can count on a number of factors to predict the price increase. In addition, if you are still losing money can still recover some money you or you have all or nothing.

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nioctiB#1
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January 24, 2018, 10:44:17 AM
 #16

So here I have a friend who's inviting me here on the said gambling investment. It's just simple, you'll send your bitcoin (investment on any amount) on that person then he's going to play using the money collected. After 7 days,  your investment will be doubled and the money will be sent back to you after deducting the trans fee. There is a chance of losing but if your money loses, you'll. Be given a 10% refund.

Someone already tried this? Safe or not?? 
This is the first time i heard about this kind of cryptocurrency investment. sending your bitcoin to other people and he will play to double it? honestly it looks like a scam. of course there is a chance that it will be doubled but there is a bigger chance that he will lose or he can just say that he lost all of it and secretly take all your bitcoins. gambling is the very last option i will do to earn money.
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January 24, 2018, 10:53:32 AM
 #17

So here I have a friend who's inviting me here on the said gambling investment. It's just simple, you'll send your bitcoin (investment on any amount) on that person then he's going to play using the money collected. After 7 days,  your investment will be doubled and the money will be sent back to you after deducting the trans fee. There is a chance of losing but if your money loses, you'll. Be given a 10% refund.

Someone already tried this? Safe or not?? 
I think you should not join. This is definitely not profitable for you.
that's totally a scam. At first, they can give you a lot of profits but then a few months they will fool you and rob all your money. They will illusion you and believe that they will always bring profits to you then you will send them a lot of your capital. It is their chance to rob all of your money. be careful.

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January 24, 2018, 11:17:20 AM
 #18

So here I have a friend who's inviting me here on the said gambling investment. It's just simple, you'll send your bitcoin (investment on any amount) on that person then he's going to play using the money collected. After 7 days,  your investment will be doubled and the money will be sent back to you after deducting the trans fee. There is a chance of losing but if your money loses, you'll. Be given a 10% refund.

Someone already tried this? Safe or not?? 
I know the gambling investment but it is 100℅ risky to your investment. Because majority of the users are loss the money in gambling investment. So try to avoid this investment and some of the people only earn more profit in this investment. In crypto market many good investments are available in the market. You should  try some other investment is the best to secure your money. So don't spend your money in gambling investment.

 
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January 24, 2018, 11:23:11 AM
 #19

That's not an investment but a careless, and mindless way to throw away money. this cannot be called an investment.

CryptoFello
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January 24, 2018, 11:32:35 AM
 #20

It seems like an obvious scam to me.

How do you know they will gamble with your money? They could just keep the 90% and say you lost.

Anyway, why can't you gamble it yourself? Do they claim to have a system? If they claim to have a system, then it's probably a scam.


But you can earn some money on it. If you don't treat it like a long-time investment!
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