Why is Gamble gaining more fans than Bitcoin?

[pakhitheboss]

Gambling is also easier understood by people in general than Bitcoin, because it's already part of their culture and tradition since a long ago, therefore people have contact with gambling probably since their childhood. And with contact with gambling I don't mean access to physical or online casinos, but to daily plays which involve betting on some events that may occur along the day and on determined situations. That gives people a good notion of gambling and get them familiarized with this, so when they grow older, it will be a piece of cake to join a casino and start playing.

With Bitcoin, on the other hand, people may get aware about it only during their adulthood, so they will have more difficulties familiarizing with this.

Yeah, gambling is not that complicated like Bitcoin can be to everyone. As a kid everyone has experienced gambling in one way or the other. Bitcoin came into existence a decade back and most of the humanity still doesn't know that Bitcoin exist.  Whereas if you ask about gambling to anyone on the street they would know about it. Although you wouldn't hear anything good about it. Comparing both doesn't make any sense for me. This is like comparing Bitcoin with gold wherein both are different entities.

[Don Pedro Dinero]

Yeah, gambling is not that complicated like Bitcoin can be to everyone. As a kid everyone has experienced gambling in one way or the other. Bitcoin came into existence a decade back and most of the humanity still doesn't know that Bitcoin exist.  Whereas if you ask about gambling to anyone on the street they would know about it. Although you wouldn't hear anything good about it. Comparing both doesn't make any sense for me. This is like comparing Bitcoin with gold wherein both are different entities.

You are right that bitcoin is technically more complicated but it can be as simple as the user wants it to be. Proportionally simple to the effort the user wants to make to understand it. Some people buy bitcoin because it is fashionable, because they have seen an influencer talking about it or because the price has broken ATH, without stopping to think more about features such as decentralisation and limited supply. In the same way, this type of user bets without having a deep understanding of odds, House Edge and Expected Value. Although the user who does not make an effort to acquire knowledge in both areas usually loses money on both.

[len01]

Yeah, gambling is not that complicated like Bitcoin can be to everyone. As a kid everyone has experienced gambling in one way or the other. Bitcoin came into existence a decade back and most of the humanity still doesn't know that Bitcoin exist.  Whereas if you ask about gambling to anyone on the street they would know about it. Although you wouldn't hear anything good about it. Comparing both doesn't make any sense for me. This is like comparing Bitcoin with gold wherein both are different entities.

You are right that bitcoin is technically more complicated but it can be as simple as the user wants it to be. Proportionally simple to the effort the user wants to make to understand it. Some people buy bitcoin because it is fashionable, because they have seen an influencer talking about it or because the price has broken ATH, without stopping to think more about features such as decentralisation and limited supply. In the same way, this type of user bets without having a deep understanding of odds, House Edge and Expected Value. Although the user who does not make an effort to acquire knowledge in both areas usually loses money on both.

from these two statements I have thoughts instead of comparing if gambling is actually better known in an easy way they only need to bring money to bet where they want or in slot games that only press the spin button or sports betting and place bet on underdog team. but for bitcoin or bitcoin investment we have to know what is the price of ATH and what is the current price or in other words we have to analyze before buying as it is a little more complicated than gambling.
but actually the two are very different because the way they work is also different even though there is still a related between luck but actually bitcoin is closer to gold than gambling. and this is just my opinion.

[maydna]

Yeah, gambling is not that complicated like Bitcoin can be to everyone. As a kid everyone has experienced gambling in one way or the other. Bitcoin came into existence a decade back and most of the humanity still doesn't know that Bitcoin exist.  Whereas if you ask about gambling to anyone on the street they would know about it. Although you wouldn't hear anything good about it. Comparing both doesn't make any sense for me. This is like comparing Bitcoin with gold wherein both are different entities.

You are right that bitcoin is technically more complicated but it can be as simple as the user wants it to be. Proportionally simple to the effort the user wants to make to understand it. Some people buy bitcoin because it is fashionable, because they have seen an influencer talking about it or because the price has broken ATH, without stopping to think more about features such as decentralisation and limited supply. In the same way, this type of user bets without having a deep understanding of odds, House Edge and Expected Value. Although the user who does not make an effort to acquire knowledge in both areas usually loses money on both.

It depends on how they want to know bitcoin. If they just want to know how to trade bitcoins, that's enough for them, and there's no need to know or learn more. But if they want to know how the price of bitcoin can fluctuate more, they need to find out by studying the right sources. Whereas gambling has been with us for a long time, almost everyone has played gambling. And the presence of bitcoin as the currency of choice gives them the freedom to use online crypto gambling so they can have more choices in playing gambling. But gambling does have its fans because many people have loved it for a long time.

[Silberman]

      -    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.

I agree with you that it does not really the most sense to compare bitcoin and gambling, as gambling is something you do just for the fun of it, or at least that is supposed to be its main function, while bitcoin is money and also a network which allow you to make payments all over the world, and due to its scarce nature it is also serving as an investment and speculation vehicle for those that want to make money on the short and long term.

[famososMuertos]

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

Oh!!

Well...
... It will be because one thing has nothing to do directly with the other, therefore, one should not be the scale of the other.

One can make comparisons in the sense that investment or entrepreneurs opt for casinos as a crypto business, but falling into the dilemma that people prefer to gamble rather than buy bitcoin results in a lack of reliable comparison.

An equivalence that occurs to me is to think that people decide to bet on soccer and not play it recreationally.  I hope you understand at least my point of view.

[Aikidoka]

Gambling is also easier understood by people in general than Bitcoin, because it's already part of their culture and tradition since a long ago, therefore people have contact with gambling probably since their childhood. And with contact with gambling I don't mean access to physical or online casinos, but to daily plays which involve betting on some events that may occur along the day and on determined situations. That gives people a good notion of gambling and get them familiarized with this, so when they grow older, it will be a piece of cake to join a casino and start playing.

With Bitcoin, on the other hand, people may get aware about it only during their adulthood, so they will have more difficulties familiarizing with this.

Yeah, gambling is not that complicated like Bitcoin can be to everyone. As a kid everyone has experienced gambling in one way or the other. Bitcoin came into existence a decade back and most of the humanity still doesn't know that Bitcoin exist.  Whereas if you ask about gambling to anyone on the street they would know about it. Although you wouldn't hear anything good about it. Comparing both doesn't make any sense for me. This is like comparing Bitcoin with gold wherein both are different entities.

Exactly, most people know what gambling is but there are already a lot of people who don't know what bitcoin is, that's why gambling is gaining more fans than bitcoin imo. Bitcoin can be a bit complicated for them, while gambling is relatively easy to understand. Additionally, it's important not to directly compare the two as they are very different from each other. Gambling is a way to potentially earn money mostly based on pure luck while bitcoin is a crypto that has the potential to make you rich if you invest a huge amount of money in it over a long term period.

[QueenVera]

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

The thing is that gambling would definitely have more fans than Bitcoin because it have been dated far back even before our forefathers have had several forms of gambling and passed it on for generations till it got to the present time and have been enhanced by technology by creating online platforms where people can bet comfortable at various areas with their devices and it would remain so for more generations to come and for the fact that majority of people see it as a means of having fun while earning would even make it more attractive than Bitcoin.
 Whereas Bitcoin is just the new evolution of money that's present in our own generation and was only created  in 2009 and currently adopted by few in several continents, the information of bitcoin is know to few people around the world making it less popular to gambling and the fact there's only one or two countries in the whole world that's made it a legal tender is enough to say that Bitcoin might be known by many but used by few people worldwide.

[LDL]

People are more interested in gambling than Bitcoin. Although gambling has more ricks than investing in bitcoins, people are developing a form of gambling addiction. If you are involved in gambling then you will have the possibility of both profit or loss but if you invest in bitcoin you will definitely have profit but you have to wait for long time to get that profit. Of course in gambling you don't have to wait long to get that profit but if you invest in gambling then your capital will likely be zero but in case of Bitcoin your worth will never be zero.

[alegotardo]

People are more interested in gambling than Bitcoin. Although gambling has more ricks than investing in bitcoins, people are developing a form of gambling addiction. If you are involved in gambling then you will have the possibility of both profit or loss but if you invest in bitcoin you will definitely have profit but you have to wait for long time to get that profit. Of course in gambling you don't have to wait long to get that profit but if you invest in gambling then your capital will likely be zero but in case of Bitcoin your worth will never be zero.

Casinos have a great visual appeal, they are interesting, they are attractive, they are extremely addictive and with a high capacity for entertainment.
Betting on Bitcoin, the most "exciting" will be working with day-trading and leveraged investing, but it will still not be as pleasurable as a casino game.
For this "simple" reason, gambling attracts many more people than Bitcoin itself.

However, I don't blame people for this, I blame anyone who tries to make a comparison between gambling and an investment currency like Bitcoin, as these are completely different things (although they are directly linked) and should be used for different purposes:
Bitcoin: Investment and long-term gain;
Gambling: Spending money for entertainment in order to TRY to win money.

[xSkylarx]

People are more interested in gambling than Bitcoin. Although gambling has more ricks than investing in bitcoins, people are developing a form of gambling addiction. If you are involved in gambling then you will have the possibility of both profit or loss but if you invest in bitcoin you will definitely have profit but you have to wait for long time to get that profit. Of course in gambling you don't have to wait long to get that profit but if you invest in gambling then your capital will likely be zero but in case of Bitcoin your worth will never be zero.

It is still not guaranteed that if ever you do gambling, you will gain profit in a short period of time because we know that gambling is for fun and not for profit, and most of the time you'll lose. Unlike investment, you have a higher chance of gaining profit, but again, it takes time. The reasons really why people go into gambling are the thrill and fun of it, though that doesn't mean that investing is not fun; it is just kind of like saying that playing basketball is more fun than reading and studying.

[Josefjix]

People are more interested in gambling than Bitcoin. Although gambling has more ricks than investing in bitcoins, people are developing a form of gambling addiction. If you are involved in gambling then you will have the possibility of both profit or loss but if you invest in bitcoin you will definitely have profit but you have to wait for long time to get that profit. Of course in gambling you don't have to wait long to get that profit but if you invest in gambling then your capital will likely be zero but in case of Bitcoin your worth will never be zero.

They're both risky, just adapt to the one that favours you. Gambling is meant to be triggered at our free time and with no expectations of gaining alot from it. I prefer investing in bitcoin since it is a legitimate and stress-free way to generate earnings that are multiples of what gambling provides. Bitcoin has both saved and drained many lives; it all depends on the strategies we employed to analyze the project. In the area, gambling is ubiquitous and allowed in many countries, unlike bitcoin, which appears to face restrictions and prohibitions from most governments.

[leonair]

People are more interested in gambling than Bitcoin. Although gambling has more ricks than investing in bitcoins, people are developing a form of gambling addiction. If you are involved in gambling then you will have the possibility of both profit or loss but if you invest in bitcoin you will definitely have profit but you have to wait for long time to get that profit. Of course in gambling you don't have to wait long to get that profit but if you invest in gambling then your capital will likely be zero but in case of Bitcoin your worth will never be zero.

It is still not guaranteed that if ever you do gambling, you will gain profit in a short period of time because we know that gambling is for fun and not for profit, and most of the time you'll lose. Unlike investment, you have a higher chance of gaining profit, but again, it takes time. The reasons really why people go into gambling are the thrill and fun of it, though that doesn't mean that investing is not fun; it is just kind of like saying that playing basketball is more fun than reading and studying.

Bitcoin is bitcoin and gambling is gambling. Bitcoin is only 1 currency but gambling has many different games to get different type of fun. if you use gambling only for fun then it will give you different type of huge fun but if you use gambling as a source of income and your purpose is only for earn then gambling give you a bad experience without fun. so fun is depend on your purpose. You won't always get fun from gambling but even if you get less fun from Bitcoin it will be long term

[rojan]

Bitcoin is bitcoin and gambling is gambling. Bitcoin is only 1 currency but gambling has many different games to get different type of fun. if you use gambling only for fun then it will give you different type of huge fun but if you use gambling as a source of income and your purpose is only for earn then gambling give you a bad experience without fun. so fun is depend on your purpose. You won't always get fun from gambling but even if you get less fun from Bitcoin it will be long term

The fun I find in gambling is not the fun you get from trading bitcoins. Gambling acts as an addiction. Gambling has a variety of games. Sometimes, if you don't like a game, you can play other games, but do it in bitcoinNo.there are many differences between Bitcoin and gambling. The happiness I find in gambling cannot be found by investing in Bitcoin. Gambling has certain rules and reasons that gamblers must abide by.  There are some people who gamble for free time.

[CarnagexD]

Bitcoin is bitcoin and gambling is gambling. Bitcoin is only 1 currency but gambling has many different games to get different type of fun. if you use gambling only for fun then it will give you different type of huge fun but if you use gambling as a source of income and your purpose is only for earn then gambling give you a bad experience without fun. so fun is depend on your purpose. You won't always get fun from gambling but even if you get less fun from Bitcoin it will be long term

The fun I find in gambling is not the fun you get from trading bitcoins. Gambling acts as an addiction. Gambling has a variety of games. Sometimes, if you don't like a game, you can play other games, but do it in bitcoinNo.there are many differences between Bitcoin and gambling. The happiness I find in gambling cannot be found by investing in Bitcoin. Gambling has certain rules and reasons that gamblers must abide by.  There are some people who gamble for free time.

It's just a matter of fans, not the statistics telling whose getting richer on what sector or which between the two gets more successful. From a neutral stand point, trading BTC and asset is way more difficult than gambling. This requires verifications, KYC, before you even trade. Aside that you are also required to study platform functions in which you are able to sell, buy, and transact. It requires not also investment monetary and time. Unlike on gambling, you just need the money to put in and deposit, spin the wheel and let your luck dictate your fortune. Isn't what gambling is more popular?

[ethereumhunter]

Bitcoin is bitcoin and gambling is gambling. Bitcoin is only 1 currency but gambling has many different games to get different type of fun. if you use gambling only for fun then it will give you different type of huge fun but if you use gambling as a source of income and your purpose is only for earn then gambling give you a bad experience without fun. so fun is depend on your purpose. You won't always get fun from gambling but even if you get less fun from Bitcoin it will be long term

The fun I find in gambling is not the fun you get from trading bitcoins. Gambling acts as an addiction. Gambling has a variety of games. Sometimes, if you don't like a game, you can play other games, but do it in bitcoinNo.there are many differences between Bitcoin and gambling. The happiness I find in gambling cannot be found by investing in Bitcoin. Gambling has certain rules and reasons that gamblers must abide by.  There are some people who gamble for free time.

The pleasure of gambling is different from the pleasure of trading so it may feel different. The pleasure of gambling has nothing to do with bitcoins because bitcoins are used as a stake, in this case, the currency. You can use fiat for betting but it's no fun.

Meanwhile, the popularity of bitcoin has increased along with the influx of many investors who have bought bitcoin. And the popularity between gambling and bitcoin is different because it's not related to each other.

[Sexylizzy2813]

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

In as much as the main target is getting profit between Bitcoin and Gambling it doesn't mean that Bitcoin can rob shoulders with Gambling they're two different thing. It has been (Gambling ) their before Bitcoin came.
In Gambling you have to get your money immediately you win without any network delay or whatever and you can't wait for your money to raise to a certain standard before you get hold of your money, that's where Gambling gets more fans more than Bitcoin, because it has to do mainly on investment and  you have to choose if you'd like to keep your money or not, and you get to hear stuff like HODLing but you can't see or hear such in Gambling.
So people will always go for Gambling than Bitcoin.

[m2017]

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

In as much as the main target is getting profit between Bitcoin and Gambling it doesn't mean that Bitcoin can rob shoulders with Gambling they're two different thing. It has been (Gambling ) their before Bitcoin came.
In Gambling you have to get your money immediately you win without any network delay or whatever and you can't wait for your money to raise to a certain standard before you get hold of your money, that's where Gambling gets more fans more than Bitcoin, because it has to do mainly on investment and  you have to choose if you'd like to keep your money or not, and you get to hear stuff like HODLing but you can't see or hear such in Gambling.
So people will always go for Gambling than Bitcoin.

It turns out that after all, the main goal in gambling is to make a profit? And then some people here tell me that they gamble for pleasure, fun and other blah. Isn't this another self-deception of losers to hide their losses.

I understood your idea. It turns out that the main factor, when choosing between Bitcoin and Gambling, for people is Gambling in view of the fact that this allows you to make an instant profit (if it was so. because the casino makes a profit, not a players). You are right, there is common sense in these arguments. No one wants to wait years to invest in Bitcoin to make a profit and most will want mountains of gold here and now, which is exactly what gambling gives (illusion). Once again, I am convinced that casinos manipulate on banal human vices, such as greed, impatience, lack of restraint and inability to wait, speaking in the context of the topic under discussion.

That is why gambling is gaining masses of fans.

[danherbias07]

I don't worry about this anymore, I am glad there are still a few who can notice this.
Well, the sports industry combined with the gambling industry is growing which could be one of the factors on why it's more popular now.
Cryptocurrencies like Bitcoin on the other hand became an asset so there's not much to talk about it, unlike the daily changes in sports rosters, wins, losses, and more.
Then, there's also the growth of online gambling sites, easy access to every gambler, they don't need to ride to the casino because they can do it at home.
A continuous happening can make something popular while the idle one like Bitcoin is still popular although it only happens with big events such as the halving and the ETF case.

[Blitzboy]

People are more interested in gambling than Bitcoin. Although gambling has more ricks than investing in bitcoins, people are developing a form of gambling addiction. If you are involved in gambling then you will have the possibility of both profit or loss but if you invest in bitcoin you will definitely have profit but you have to wait for long time to get that profit. Of course in gambling you don't have to wait long to get that profit but if you invest in gambling then your capital will likely be zero but in case of Bitcoin your worth will never be zero.

They're both risky, just adapt to the one that favours you. Gambling is meant to be triggered at our free time and with no expectations of gaining alot from it. I prefer investing in bitcoin since it is a legitimate and stress-free way to generate earnings that are multiples of what gambling provides. Bitcoin has both saved and drained many lives; it all depends on the strategies we employed to analyze the project. In the area, gambling is ubiquitous and allowed in many countries, unlike bitcoin, which appears to face restrictions and prohibitions from most governments.

While betting can provide a fast rush of excitement, Bitcoin can provide a more calculated sort of risk for some. However, it may be a bit of an exaggeration to suggest that purchasing Bitcoin causes no anxiety.

Its not a picnic to put your money into Bitcoin, or any other cryptocurrency. The stress is exacerbated by the volatile market, the unclear regulatory landscape, and the inherent complexities of blockchain technology. While profits may grow exponentially, the associated anxiety would increase with each market downturn.

As for the topic of government oversight, please dont even bring it up. Of course, some nations have taken a hard line on Bitcoin, but that hasn't made things easy for gamblers. Problem gamblers already endure social stigma, legal barriers, and a lack of acceptance. Try to assume that there are stresses and constraints associated with any path.