Why is Gamble gaining more fans than Bitcoin?

[len01]

Gambling have been in existence for a longtime that is why it is gain more fan than bitcoin and you just need small amount of money to start gambling.  Bitcoin coin is a modern innovation that people are still getting more awareness. Gambling is the easiest way to gain money by luck that is why it has more fans.

In simple terms, we can conclude that gambling is a place of entertainment that has existed for a long time and Bitcoin is a new type of crypto currency or investment that is not yet fully known by people in various countries. well, with this we can see the difference between the two very different options and its hard to compare because they do not have the same function.
I mean we have known for a long time that gambling is a place of entertainment or a place to multiply money with luck and more to lose but we can have fun and for bitcoin investment we are looking for investment opportunities in the long term with small amounts of money or large amounts of money to get profits in long term or short term is the same as investing in gold.
and I think you have to correct a little if gambling only requires small money and actually investing do not have to require big money because with $5 you can buy bitcoin.

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[Cryptmuster]

In simple terms, we can conclude that gambling is a place of entertainment that has existed for a long time and Bitcoin is a new type of crypto currency or investment that is not yet fully known by people in various countries. well, with this we can see the difference between the two very different options and its hard to compare because they do not have the same function.
I mean we have known for a long time that gambling is a place of entertainment or a place to multiply money with luck and more to lose but we can have fun and for bitcoin investment we are looking for investment opportunities in the long term with small amounts of money or large amounts of money to get profits in long term or short term is the same as investing in gold.
and I think you have to correct a little if gambling only requires small money and actually investing do not have to require big money because with $5 you can buy bitcoin.

You can buy with $5, but you understand that for a good result, investments must be much larger and sometimes it takes several years to wait for the result. And with gambling, everything happens much faster, you can also bet a few dollars, but you will already know the result on the same day. And yet, most of them play for fun, adrenaline, emotions, you can watch the match on which you made a bet, this is also a show. But when you buy bitcoin and wait - for thrill-seekers it's boring...

[Mr. Magkaisa]

      -    In general, it cannot be denied that gambling came first. Before bitcoin appearance. And it is also obvious that there are many people all over the world who are obsessed with playing gambling, especially in the modern era that we have today where even if you are at home you can gamble at an online casino without any hassle.

That's why Bitcoin should not be compared to gambling because of the size of their difference, it is because Bitcoin can be considered a long term investment and gambling is not, but rather a type of entertainment that can be wasted if you just want to have fun.

[Mauser]

Most people here on the forum agree that gambling is a form of entertainment that had been around for hundreds of years. Even ancient cultures already engaged in basic form of gambling to make their life more interesting. My grand father loved to gamble and never learned about crypto currencies in his life. I would expect that there are many elderly people like him that enjoy gambling regularly, but have no interest in crypto. It's hard to compare the two because crypto currencies are used for investing and compete against fiat currencies, not gambling. What surprises me the most that I would expect people to gamble less during times of crisis. The war in Ukraine is still happening, inflation is still high and people are struggling to pay the rising living expenses. During such difficult times I would expect people try to find new ways to save money and start invest in bitcoin and other cryptos to protect their savings from inflation. Using more money for gambling seems like the exact opposite of what people should do with their savings. The last big boom of online gambling happened with the boom in crypto prices and right now we are in a different situation.

[Synchronice]

In the world to day gambling is leading instead of BitcoinBTC (crypto currency) and more are still wanting to join gambling because the minimum age to gamble is 18+ and lot of upcomings are waiting and this is the total amount of gamblers, so let's talk about the crypto currency (Bitcoin) we all know that Bitcoin is a good investment and it has changed a lot in the crypto world but the interesting part is that the numbers of Bitcoin investors can't be compared to gamble and my question is Why? or  is the risk involved in Bitcoin higher than gambling risk?
Just chesk this source

Why is gambling getting more popular than Bitcoin? Why are drugs getting more popular than Chemistry as a science to study? The answer is simple, people are addicted to what helps them to release so feel-happy chemicals, this is what makes them excited.
So, while Bitcoin really is a good investment option and definitely superior compared to gambling, people still prefer Gambling over it because bitcoin is volatile while people are panicky and impatient, can't wait days and weeks and months and years to see the profit of their investment, instead, they gamble because one can double or triple or enormously increase their capital in just a second via gambling. While it's true that it doesn't happen, you know, hope dies last and somehow everyone thinks that luck will shine for them and so on.
So, yeah, don't expect wise decisions from people.

[Yamifoud]

      -    In general, it cannot be denied that gambling came first. Before bitcoin appearance. And it is also obvious that there are many people all over the world who are obsessed with playing gambling, especially in the modern era that we have today where even if you are at home you can gamble at an online casino without any hassle.

That's why Bitcoin should not be compared to gambling because of the size of their difference, it is because Bitcoin can be considered a long term investment and gambling is not, but rather a type of entertainment that can be wasted if you just want to have fun.

Well, the truth is that people love to gamble rather than invest. Maybe they'd just know about Bitcoin because it was already been an option now in gambling sites but thinking this would give them interest, I don't think so. Because as long as fiat still exists, we can't assure that gamblers will choose Bitcoin, with the high fees and transaction delay - that was a big deal for them.

Yes, we can't compare Bitcoin to gambling in any aspect and much more about popularity because whether we like it or not, Gambling has been known for many years and people are happy despite suffering losses.

[piebeyb]

      -    In general, it cannot be denied that gambling came first. Before bitcoin appearance. And it is also obvious that there are many people all over the world who are obsessed with playing gambling, especially in the modern era that we have today where even if you are at home you can gamble at an online casino without any hassle.

That's why Bitcoin should not be compared to gambling because of the size of their difference, it is because Bitcoin can be considered a long term investment and gambling is not, but rather a type of entertainment that can be wasted if you just want to have fun.

You are right that at that time gambling was everywhere, it's just that I never used it because at that time it could only make deposits via a bank account or other online payments, whereas at that time I expected bitcoin to be used as a means of payment to play in casinos and finally after a few years bitcoin is famous and finally used by many online casinos for their gambling.

From the beginning I played gambling using bitcoin but after I thought that bitcoin is not a means of payment to have fun at gambling because it will have high value including future investment assets, so I use a stable currency to play gambling at online casinos from now on and make bitcoin as an investment, even though both of them need each other so you can't compare which one has a lot of fans, still online gambling has a lot of fans but not as many crypto users including bitcoin at this time.

[Wiwo]

Gambling has been in existence since the beginning of human civilization,  but Bitcoin on the other hand is just a decade plus so comparing gambling vs Bitcoin in terms of popularity won't make much sense because both don't have the same starting point.

Bitcoin has always sought out ways to provide alternative services in financial transaction and that is why most casinos adopted Bitcoin and other cryptocurrencies into their payment system.

[ethereumhunter]

      -    In general, it cannot be denied that gambling came first. Before bitcoin appearance. And it is also obvious that there are many people all over the world who are obsessed with playing gambling, especially in the modern era that we have today where even if you are at home you can gamble at an online casino without any hassle.

That's why Bitcoin should not be compared to gambling because of the size of their difference, it is because Bitcoin can be considered a long term investment and gambling is not, but rather a type of entertainment that can be wasted if you just want to have fun.

So people have been gambling for a long time before bitcoin appeared. And when a crypto casino exists, people start to know crypto casinos and gamble using bitcoins or altcoins. It was from there that crypto became widely known and apart from being used for trading, people used crypto for gambling.

So now it seems that crypto and crypto casinos are getting more and more popular among people. They use crypto to gamble and trade and to invest. And it is true that we cannot compare bitcoin and gambling because each has its own path.

[moneystery]

the answer to this question is very simple, the reason is because gambling has been around since ancient times and it has become a part of society. not only that, gambling is also becoming easier for people to access both offline and online, you could even say that with just a few dollars you can gamble from your cellphone.

while bitcoin has only become popular in the last few years, so its adoption is not as massive as gambling. moreover, the government also tends to be more willing to legalize gambling compared to bitcoin, because gambling can provide them with taxes directly and there are also quite a lot of fans, so the government is more pro towards gambling.

however comparing the two is actually not equivalent, because gambling and bitcoin are two different things. no matter how many gambling fans it doesn't affect bitcoin, and vice versa.

[KaizenJujustsu]

      -    In general, it cannot be denied that gambling came first. Before bitcoin appearance. And it is also obvious that there are many people all over the world who are obsessed with playing gambling, especially in the modern era that we have today where even if you are at home you can gamble at an online casino without any hassle.

That's why Bitcoin should not be compared to gambling because of the size of their difference, it is because Bitcoin can be considered a long term investment and gambling is not, but rather a type of entertainment that can be wasted if you just want to have fun.

Exactly. There is a big distinction separating Gambling and Bitcoin, both serve their purpose and should not be compared.

In my opinion, when you do gambling, you consider chances, your luck, and your intuition within that day. While buying Bitcoin or trading crypto in general, you consider different factors through fundamental analysis and technical analysis. It is a learning process, and there should really be a strategy because, with cryptocurrency's volatility, there is a higher chance of losing your money when you risk it without proper positioning.

[Doan9269]

      -    In general, it cannot be denied that gambling came first. Before bitcoin appearance. And it is also obvious that there are many people all over the world who are obsessed with playing gambling, especially in the modern era that we have today where even if you are at home you can gamble at an online casino without any hassle.

Gambling may appear first to begin place but in the theories of life, overtaking is allowed, it's very possible for you to see many gamblers that make use of bitcoin for their gambling while it may be rare to see many bitcoin investors into gambling because they are there to make money through bitcoin while gambling will only take more money away from them which would have been used for an investment.

That's why Bitcoin should not be compared to gambling because of the size of their difference, it is because Bitcoin can be considered a long term investment and gambling is not, but rather a type of entertainment that can be wasted if you just want to have fun.

When it comes to statistics on their differences, bitcoin has gone far ahead to be more acceptable than the rejection some give to gambling due to religious and other ethical believes traditionally.

[Gozie51]

That's why Bitcoin should not be compared to gambling because of the size of their difference, it is because Bitcoin can be considered a long term investment and gambling is not, but rather a type of entertainment that can be wasted if you just want to have fun.

Investment and instant multiplier effect is one difference that you have pointed out here. Yes on a longtime, bitcoin is regarded as investment but at no time will gambling be regarded as an investment but rather it could be regarded as profit multiplier system that is, the aim of gambling is for quick and fast money generation but whether this manifest or not depends on the winning and losing rate of the gambler. People also known gambling because it is as old as humanity. In fact every older youth must have known what gambling is but has a choice to follow up with it or not but same will not be said about bitcoin because it is still relatively new and many countries have not legalized it which causes its popularity not to grow on a fast pace.

[qwertyup23]

In the world to day gambling is leading instead of BitcoinBTC (crypto currency) and more are still wanting to join gambling because the minimum age to gamble is 18+ and lot of upcomings are waiting and this is the total amount of gamblers, so let's talk about the crypto currency (Bitcoin) we all know that Bitcoin is a good investment and it has changed a lot in the crypto world but the interesting part is that the numbers of Bitcoin investors can't be compared to gamble and my question is Why? or  is the risk involved in Bitcoin higher than gambling risk?
Just chesk this source

Just to clear your thread, you are asking which is risker- either investing in BTC or gambling?

To answer your question, gambling is the riskiest venture that a person can enter into. No matter how experienced you may be, you are against the odds which cannot be controlled. Sure, there may be techniques and tips in order to lessen the risk but the odds are still the odds.

Some may argue that investing is gambling in itself due to the unpredictability of the result. Though this is true, it only applies to a certain extent since there are methods and factors that can somehow give you an accurate forecast on the price of BTC on the market.

[Negotiation]

I agree, take for an example people in my area stop doing crypto after a p2e goes down but they still keep on gamble but they did not pursue or take any initiatives to learn bitcoin and other ways to earn in crypto. Most of the adults play gamble when they are resting, understanding bitcoin is too complex for them , they can be so easily to get tired if they will try to understand these things.

Crypto not popular like the usual gambling. Bitcoin and gambling are not the same thing. Bitcoin is outlawed in most countries because the government perceives it as a project that would substitute the country's fiat currencies; as a result, they evaluate threading and impose a restriction on them regardless consideration for the effect it has on others. Most of our youngsters today specialize in gambling, which is simple to comprehend if one is familiar with sports. They consider gambling as the sole way to meet their basic needs and desires with minimal effort.

Yes, it requires a lot of knowledge and skills to learn about bitcoins gambling is generally adept at all classes of people. It has been around for ages it does not require much skill therefore, gambling is preferred over bitcoins. Gambling can never fulfill one's basic needs rather it leads the young society to further harm. Currently gambling through casinos is in vogue, but in the era of smartphone availability, mobile gambling has become popular among the youth. When a young person becomes addicted to gambling, he loses his rationality. After they get involved in all kinds of criminal activities it creates more bad effects.

[slapper]

In the world to day gambling is leading instead of BitcoinBTC (crypto currency) and more are still wanting to join gambling because the minimum age to gamble is 18+ and lot of upcomings are waiting and this is the total amount of gamblers, so let's talk about the crypto currency (Bitcoin) we all know that Bitcoin is a good investment and it has changed a lot in the crypto world but the interesting part is that the numbers of Bitcoin investors can't be compared to gamble and my question is Why? or  is the risk involved in Bitcoin higher than gambling risk?
Just chesk this source

Why is gambling getting more popular than Bitcoin? Why are drugs getting more popular than Chemistry as a science to study? The answer is simple, people are addicted to what helps them to release so feel-happy chemicals, this is what makes them excited.
So, while Bitcoin really is a good investment option and definitely superior compared to gambling, people still prefer Gambling over it because bitcoin is volatile while people are panicky and impatient, can't wait days and weeks and months and years to see the profit of their investment, instead, they gamble because one can double or triple or enormously increase their capital in just a second via gambling. While it's true that it doesn't happen, you know, hope dies last and somehow everyone thinks that luck will shine for them and so on.
So, yeah, don't expect wise decisions from people.

I believe that gambling's appeal is frequently its quick gains and thrill. However, claiming this is the primary reason for its appeal over Bitcoin may be a stretch. Consider familiarity and comprehension. Gambling is more tangible than bitcoin, an abstract digital asset. It's about understanding a new and evolving field, not just waiting for riches. The social norms and meanings of both activities also matter. Despite its drawbacks, gambling is popular in pop culture, but Bitcoin, associated with tech-savvy people, may seem specialized or exclusive. Thus, perceptions and societal effects are more important than "unwise" decisions

[Westinhome]

Gambling has been in existence since the beginning of human civilization,  but Bitcoin on the other hand is just a decade plus so comparing gambling vs Bitcoin in terms of popularity won't make much sense because both don't have the same starting point.

Bitcoin has always sought out ways to provide alternative services in financial transaction and that is why most casinos adopted Bitcoin and other cryptocurrencies into their payment system.

The gambling before the human civilization was not the organised one,it's like betting on the certain action or activity based on the probability.Sometimes it was like the ability of person to complete the task,which is very hard for the normal people to complete the task.Then the gambling was made with huge technology update and start with the cards the gambling in the offline mode.Then the gambling was started their service in the online mode.So the participants to the particular website was from all over the world.

Investment and instant multiplier effect is one difference that you have pointed out here. Yes on a longtime, bitcoin is regarded as investment but at no time will gambling be regarded as an investment but rather it could be regarded as profit multiplier system that is, the aim of gambling is for quick and fast money generation but whether this manifest or not depends on the winning and losing rate of the gambler. People also known gambling because it is as old as humanity. In fact every older youth must have known what gambling is but has a choice to follow up with it or not but same will not be said about bitcoin because it is still relatively new and many countries have not legalized it which causes its popularity not to grow on a fast pace.

Gambling is based on the prediction of the exact option which help us to win,but btcoin the same manner.We should find the exact price to start the buy option of cryptocurency.The gambling website will allow us to do the fast deposit and withdrawal.So this made the gambling website more popular to other gambling website,we should find the good exchange to by the bitcoin and hold the money.

[serjent05]

Gambling has been in existence since the beginning of human civilization,  but Bitcoin on the other hand is just a decade plus so comparing gambling vs Bitcoin in terms of popularity won't make much sense because both don't have the same starting point.

Bitcoin has always sought out ways to provide alternative services in financial transaction and that is why most casinos adopted Bitcoin and other cryptocurrencies into their payment system.

The gambling before the human civilization was not the organised one,it's like betting on the certain action or activity based on the probability.Sometimes it was like the ability of person to complete the task,which is very hard for the normal people to complete the task.Then the gambling was made with huge technology update and start with the cards the gambling in the offline mode.Then the gambling was started their service in the online mode.So the participants to the particular website was from all over the world.

So this means that gambling had been advertised even before the human civilization since you stated that gambling existed that way.  This only means that we should not compare the popularity of Bitcoin to gambling because it is a no-brainer that gambling will have more fans and can accumulate more fans because gambling has been around for so long even before Bitcoin is created.

Investment and instant multiplier effect is one difference that you have pointed out here. Yes on a longtime, bitcoin is regarded as investment but at no time will gambling be regarded as an investment but rather it could be regarded as profit multiplier system that is, the aim of gambling is for quick and fast money generation but whether this manifest or not depends on the winning and losing rate of the gambler. People also known gambling because it is as old as humanity. In fact every older youth must have known what gambling is but has a choice to follow up with it or not but same will not be said about bitcoin because it is still relatively new and many countries have not legalized it which causes its popularity not to grow on a fast pace.

Gambling is based on the prediction of the exact option which help us to win,but btcoin the same manner.We should find the exact price to start the buy option of cryptocurency.The gambling website will allow us to do the fast deposit and withdrawal.So this made the gambling website more popular to other gambling website,we should find the good exchange to by the bitcoin and hold the money.

Come again? I got confused when you stated because gambling is based on the prediction of the exact option, it help us to win... and Bitcoin doing the same. I got confused reading this.

Anyway Bitcoin as a young industry against gambling which is an ancient Industry, we should not be surprise if Gambling beats Bitcoin to pupl in terms of acquiring new comers, besides gambling activities is addictive while Bitcoin is not.

[Rengga Jati]

There are several reasons.
1. Gambling existed earlier than Bitcoin
2. Gambling always promises extraordinary results, once the promotion (even though the reality is quite the opposite)
3. Gambling is like addiction, once it's entered, it will make you curious
4. Sometimes the environment also influences gambling activities and desires. Meanwhile in Bitcoin, this rarely happens.
5. Gambling is probably more well-known than Bitcoin. But I believe that it is only a matter of time. The longer it is, the more people will know and want to enter Bitcoin.
6. Many people think that Bitcoin is uncertain and unreal, so they don't believe in Bitcoin because Bitcoin is full of risks. Meanwhile, they are in the goats, where the risk is also very high, right? It's too cute to compare
And there are probably still several specific reasons why this happens often in the real life.

[romero121]

As most people have mentioned it is the lack of understanding about bitcoin that makes gambling superior to it. People have much used to the term gambling, and they're not much user to the word bitcoin. With time people will get better understanding when they start exploring more about bitcoin and gambling. There is also some mix-up among the people that bitcoin is gambling and bitcoin is for gambling. These are just the misunderstanding that could deviate people towards a different track. This can be overcome only through the knowledge we acquire relative to bitcoin and gambling. One of the biggest reason is the quick money making possibility against the long holding for people's increased interest over gambling.