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Author Topic: Bitcoin gambling as investment?  (Read 608 times)
datodota002
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January 24, 2018, 02:32:58 PM
 #41

that's smell like scam. what if he disapear after you gave him bigger money?? there are no guarantee if he doesn't run. it's very risky dude. i hope you not tried this before. remember money changes people. so there is a chance he will cheating on you.
wiro212
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January 24, 2018, 02:40:55 PM
 #42

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 i saw some people take his btc to some bitcoin gambling as well as they know the track record of the site or the dev. Good ratio on profit is main reason to do that. The investors is aware of the risks associated with the use of the service, including the loss of Bitcoins.
If you have a lot of bitcoin free to invest just try with small amount. waiting on one period until you get they sharing disclosure and put your invest money step by step until left your profit there. so no risk money there.
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January 24, 2018, 02:54:02 PM
 #43

I don't think it's a gamble. It's a total scam.
It must be very unsafe.
First of all, you don't know what happened after you gave him bitcoin.
The last thing he needs to tell you is that you failed, and your bitcoin will be gone.
befriendmywater
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January 24, 2018, 03:06:06 PM
 #44

that's smell like scam. what if he disapear after you gave him bigger money?? there are no guarantee if he doesn't run. it's very risky dude. i hope you not tried this before. remember money changes people. so there is a chance he will cheating on you.
Yes, there is some other smarts scam that i can't even think about it. They will bait you first by give you back your small money invest and your profit then ask for a big money to make big profit. Greedy will instantly kill you ...

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January 24, 2018, 03:18:40 PM
 #45

I don't know why but i feel doubtful when i read your post, and clearly smell something fishy there.
I mean, sure, gambling is kinda give you profit, but only if you're lucky enough.
But between lucky and unlucky, the latter happens more so i don't think it can garuantee to give you double bitcoin or whatsoever.
Especially the refund is only 10%. I think it's better for you to invest in something else. Ico maybe? Or trading? Just don't do it, it feels like a scam.

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Pan Troglodytes
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January 24, 2018, 03:34:14 PM
 #46


So here I have a friend who's inviting me here on the said gambling investment. (...)

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

And the "friend" looks more a scammer with questionable motives to me. You should not fall for it. And discontinue the "friendship"
irsada
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January 24, 2018, 03:40:54 PM
 #47

it can happen if yes buy alt coin with bitcoin.
but do not need help by others everyone can do it themselves by trading.
the most important use your own instincts and observations so as not to regret the decision in your life.
Good luck.
Bodiul1975
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January 24, 2018, 03:51:27 PM
 #48

In fact, Bitcoin is not gambling, it can earn more money by trading the Bitakayya forum and Bitcoin. Without it, free bitcoin can be earned by doing so, so Bitcoin can be compared to gambling.
nalinpuri
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January 24, 2018, 03:53:40 PM
 #49

Its not safe at all.Dont try it.
Hobo66
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January 24, 2018, 03:55:58 PM
 #50

bitcoin gambling as an investment is very risky,
you could lost all your funds in one day by using
gambling as an investment, its best to do trading
bitcoin to altcoins for profit.

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Bitcionsky69
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January 24, 2018, 04:20:19 PM
 #51

Gambling is a jobbery not investment. There is a big different between investment and gambling even if you say that you both need get the funds there. Gambling is true jobbery in always taking a risk of being losing than to investment that will ensure that your funds are safe and maybe you can earn a good profit. For me you friend is cheating you because you do not know that trend.
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January 24, 2018, 04:22:04 PM
 #52

Any form of gambling cannot be taken seriously as a form of investment... I understand that there are certain risks in investing, but the risks in gambling is on a totally different level...
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January 24, 2018, 04:25:04 PM
 #53

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?? 
Investing your money in Bitcoin itself is risky enough and investing it in gambling is riskier considering you will let others play your money. Another thing is that you are not 100% sure whether you will get your money back doubled and you will have this weighing feeling that something is not right. It will just make you worry, so better if you just invest it on emerging ICOs that has a huge potential.
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January 24, 2018, 06:00:56 PM
 #54

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 would not deal with your friend. Very similar to fraud or various schemes of Ponzi. He did not tell you what he would do with this bitcoin, and what kind of games are these? Better buy bitcoin and do not send it to anyone, it will be safer and more profitable. I think so
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January 25, 2018, 07:44:37 AM
 #55

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!

I would not do it ever. Man, stay away from your friend with such a scam proposition. You will earn pretty good money trading honestly. Monitor the market of crypto. Save fiat money to buy alts and BTC when the coins value is low, and sell it when the coins are high. Invest into good ICO, but do not gamble.
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January 25, 2018, 07:52:26 AM
 #56

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?? 

If thats the case then for me it would not be safe. You are lending your bitcoin to someone who will use it for gambling? What if that person loose in his games. Would he refund the bitcoin he lend from you? You should think twice before aggreeing on letting him borrow your bitcoin.

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January 25, 2018, 08:10:45 AM
 #57

Op, this is highly risky to do. Gambling itself is an unpredictable game , meaning that the outcome can't been known even when you are gambling it yourself not to talk of giving it to someone to gamble on your behalf.

However, if such friend is someone you know and have a physical contact with, you can have a written document with him on his promise and involve a third party who both of you respect. This is if you still want to go on the gambling, otherwise, let it go. Lucky you.
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January 25, 2018, 08:11:30 AM
 #58

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

Well that's the right decision, you just play it on your own and as you said you don't know him personally "it's risky". or much better to stay away from him and also avoid in gambling.
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January 25, 2018, 08:17:52 AM
 #59

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 a very odd way of investment. You'll invest bitcoin to some gambling maniac? Hell no. You'll just feed his addiction to gambling and this will not turn out beneficial to the both of you. Yes, he might win big but he could lose big as well. Bitcoin is uncertain and you are adding Bitcoin to it? Merging two uncertain things could be a devastating chaos.

I do not recommend this as this have higher risk that Bitcoin alone.
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January 25, 2018, 03:13:17 PM
 #60

Gambling is gambling. There is always a chance to loose everything, and I will never put my money in another hands to gamble with it. If you want to do it by yourself, go ahead, but gambling is not an investment.

If anybody try to sell yo gambling as an investment, this person is, definitely, trying to cheat you. There is no such a kind of investment, you can’t even use the word “investment” and in the same phrase “gambling”, for it is absurd. Investment is supposed to be something that give you confident and uses your money wisely, so you can earn (and of course the investor) more money. Usually it needs time and patience, but never, I repeat, NEVER, gambling is involve.

I'm sorry, I believe someone is trying to cheat you.

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