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Question: I have no coin in my life except Bitcoin
Bitcoin is the best coin in the world - 21 (100%)
Bitcoin Bad - 0 (0%)
Total Voters: 21

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Author Topic: Bitcoin is life  (Read 848 times)
BigBos
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September 26, 2023, 08:43:36 PM
 #61

They compare bitcoin with gambling because they don't know the important features and technology used behind it, they just see it as a easy to create something online which is not worth the money we pay to buy bitcoin.

Who know about bitcoin's special features like anonymity, store of value, digital gold, decentralised currency, etc.
They don't compare it with gambling.
I see why they think of it like that though. However, such opinions are based on what they read, heard and watched online made by the same people who lacks proper knowledge, background and experience with Bitcoin. Hence, it is truly best for individuals to conduct their own research regarding Bitcoin (and honestly anything else they are not familiar with) and based their own opinions and perspective there, that way it will not be tainted by the already flawed opinions of others. It is due to this that we shouldn't put much hate to those who have false knowledge about Bitcoin as they are probably just victims of negative fake news and info found online. Instead, we can share what we know to them and let them comprehend it on their own. We cannot force people to see and understand Bitcoin the way we do, but we can share to them what we know. That's the best way we can handle things.
Indirectly this provides a new view where those who say that bitcoin is compared to gambling are only because they see from the trading side not investment.
When looking at this then it is clear to them that this is like gambling because it only guesses and when lucky who makes a trade will definitely profit but basically this is just a crude view because those who think like this they do not know that in trading also requires research that must be done but they will not know because they only see in passing and do not understand how to trade so it is considered as gambling.
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September 26, 2023, 09:43:09 PM
 #62

because bitcoin is recognized as the best coin in the world

I'm wondering who recognized bitcoin as the best coin in the world? Or is that just your opinion? You don't need to pass off your opinion as the opinion of all people. No, I don't mean to say bitcoin is bad. Bitcoin is definitely one of the best inventions of mankind, thanks to Satoshi Nakamoto. But I think it's wrong to make such an unsubstantiated claim about the best coin in the world.
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September 26, 2023, 09:55:50 PM
 #63

because bitcoin is recognized as the best coin in the world

I'm wondering who recognized bitcoin as the best coin in the world? Or is that just your opinion? You don't need to pass off your opinion as the opinion of all people. No, I don't mean to say bitcoin is bad. Bitcoin is definitely one of the best inventions of mankind, thanks to Satoshi Nakamoto. But I think it's wrong to make such an unsubstantiated claim about the best coin in the world.
Well I agree with you that it's base on your own opinion but  I think with the stats rate and market value of Bitcoin compared to other coins I think it's fair to say that we can assume that it's actually the best because when it comes to ratings and usage Bitcoin is number one and thats just says it's fair to assume it to be the best. But notwithstanding I still understand that many other crypto enthusiast still prefer other coins than Bitcoin.

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September 26, 2023, 11:21:32 PM
 #64

I see a lot of people here comparing gambling games to bitcoins
I have had this conversation numerous times. There is no way to directly compare Bitcoin to normal gambling. When you gamble out there, you lose everything when you get it wrong but BItcoin would just reduce your investment (stake) by some percentage. And honestly, I'd rather pick something that doesn't let me turn to nothing in seconds.


I'm not saying gambling is bad I'm saying no one should gamble because if you gamble you can lose everything your whole life income can go there that's why you trade bitcoins you light your future and gamble happy happy  Never get addicted to it and try to stay away from it.
The truth is that everything is a risk. Buying Bitcoin, betting, and even going outside your house is a risk (cause who knows what will happen). It depends on how risky it is. For example, what are the odds of getting hit by a car if you go outside your house (considering you are an adult who knows how to cross the road)? It's low. Right? How about the odds of winning a bet? 50/50! You either win all or lose every damn thing. And Bitcoin? It's less risky cause you will not lose the quantity you have, just a percent of it's value that can always go back up. It's all risky, but we make the call!
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September 26, 2023, 11:46:15 PM
 #65

I see a lot of people here comparing gambling games to bitcoins I think those who do this are mentally ill because bitcoin is recognized as the best coin in the world and we see everyone's future in bitcoin and bitcoin price is so low now that's why we  Let's all buy Bitcoin now and it will be very beneficial for our future.
Yes, buying Bitcoin will be advantageous in the future but you misunderstand what people are saying by comparing gambling with cryptocurrency.
They actually compare crypto trading with gambling and not BTC.

I'm not saying gambling is bad I'm saying no one should gamble because if you gamble you can lose everything your whole life income can go there that's why you trade bitcoins you light your future and gamble happy happy  Never get addicted to it and try to stay away from it.
Gambling is good and it's also bad because it's not meant for everyone. If gambling is not meant for you and you are involved in it people will see it as a bad thing due to its negative effects but if gambling is mean for you people will see the positive aspect of it.

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September 26, 2023, 11:58:46 PM
 #66

because bitcoin is recognized as the best coin in the world

I'm wondering who recognized bitcoin as the best coin in the world? Or is that just your opinion? You don't need to pass off your opinion as the opinion of all people. No, I don't mean to say bitcoin is bad. Bitcoin is definitely one of the best inventions of mankind, thanks to Satoshi Nakamoto. But I think it's wrong to make such an unsubstantiated claim about the best coin in the world.
Well I agree with you that it's base on your own opinion but  I think with the stats rate and market value of Bitcoin compared to other coins I think it's fair to say that we can assume that it's actually the best because when it comes to ratings and usage Bitcoin is number one and thats just says it's fair to assume it to be the best. But notwithstanding I still understand that many other crypto enthusiast still prefer other coins than Bitcoin.

If we're about to compare Bitcoin to almost all of the coins in the crypto industry, therefore we could literally say that Bitcoin is the best among all, but if we're about to compare Bitcoin to other investment, of course there's also other investment that are also good, it would only differ to our own preferences and suitability. And if you're already doing investment and trading into crypto industry, for sure you would not only focus on one coin as to profit cause there's a quote that "never put all your eggs in one basket" which is better the more investment, the merrier profits.

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September 27, 2023, 04:00:04 AM
 #67

I see a lot of people here comparing gambling games to bitcoins
I have had this conversation numerous times. There is no way to directly compare Bitcoin to normal gambling. When you gamble out there, you lose everything when you get it wrong but BItcoin would just reduce your investment (stake) by some percentage. And honestly, I'd rather pick something that doesn't let me turn to nothing in seconds.
More to the practice, in my opinion, buying bitcoin can also be said to be gambling if he doesn't know what bitcoin is, just buying bitcoin and hoping for a profit (like seeing someone making a profit from bitcoin and then he also wants to buy bitcoin without knowing bitcoin), this side according to I'm getting into the nature of gambling in my opinion, so what you look at is not the bitcoin in assessing this but the practice.
Anything can be like gambling if you don't know what you are doing but hope to profit from it.

I'm not saying gambling is bad I'm saying no one should gamble because if you gamble you can lose everything your whole life income can go there that's why you trade bitcoins you light your future and gamble happy happy  Never get addicted to it and try to stay away from it.
The truth is that everything is a risk. Buying Bitcoin, betting, and even going outside your house is a risk (cause who knows what will happen). It depends on how risky it is. For example, what are the odds of getting hit by a car if you go outside your house (considering you are an adult who knows how to cross the road)? It's low. Right? How about the odds of winning a bet? 50/50! You either win all or lose every damn thing. And Bitcoin? It's less risky cause you will not lose the quantity you have, just a percent of it's value that can always go back up. It's all risky, but we make the call!
That is if you continue to hold on to the bitcoins that you have in any situation, but people who don't know how the market moves and what a bitcoin investor should have, in other words just buy bitcoins but don't know anything about them and how to make a profit, and just a hope, when the market turns around he panics then he sells the bitcoin he has, the quantity will not decrease but a person like that will definitely experience losses, and yes the risk is big or small depending on how much you know about it. big risk, but gambling is much bigger because it really depends on luck.

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September 27, 2023, 04:54:23 AM
 #68

I'm not saying gambling is bad I'm saying no one should gamble because if you gamble you can lose everything your whole life income can go there that's why you trade bitcoins you light your future and gamble happy happy  Never get addicted to it and try to stay away from it.

Indeed, this will always be a topic of conversation in the digital economy. So, In fact BTC is valuable and so many people are buying it. So just make it simple. In my opinion, if you use BTC as an investment asset, that's fine, but if you misplace it and don't understand it, it will have a bad impact on someone. That's why it means running here and there.

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September 27, 2023, 05:29:33 AM
 #69

The people say that you are taking a gamble, when you buy unregulated Crypto currencies... they are not saying that Bitcoin is gambling.  Grin  They are wrong in so many ways, because every investment that you make... have some kind of risk attached to it, so you will be taking a gamble on anything you invest in.

The same thing are applicable to anything you buy..... for example a Solar system. It might save you money on your electricity, but the batteries might fail or the panels might be hit by a storm and you will have to replace it.  Roll Eyes

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September 27, 2023, 06:20:23 AM
 #70

Quote from: Freelancershojib
I see a lot of people here comparing gambling games to bitcoins I think those who do this are mentally ill because bitcoin is recognized as the best coin in the world and we see everyone's future in bitcoin and bitcoin price is so low now that's why we  Let's all buy Bitcoin now and it will be very beneficial for our future.


I'm not saying gambling is bad I'm saying no one should gamble because if you gamble you can lose everything your whole life income can go there that's why you trade bitcoins you light your future and gamble happy happy  Never get addicted to it and try to stay away from it.

Yes, Bitcoin is the best coin among all the cryptocurrencies in the market, and if you invest in the time of bearish and hold until the price increase higher to your satisfaction before you can release them for sale, and you will enjoy the benefits of Bitcoin from your investment. Bitcoin is more better than gambling, because there is no way you will buy Bitcoin when the price is low in the market and hold the Bitcoin like 3 or 4 years without achieving incomes from your holding, but you can gamble like 3 or 4 years and you will not achieve something meaningful from your gambling. I believe many gamblers will listen to your advise because gambling has reduced so many people from something to nothing just because they didn't apply wisdom in their gambling.

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September 27, 2023, 07:08:46 AM
 #71

Quote from: Freelancershojib
I see a lot of people here comparing gambling games to bitcoins I think those who do this are mentally ill because bitcoin is recognized as the best coin in the world and we see everyone's future in bitcoin and bitcoin price is so low now that's why we  Let's all buy Bitcoin now and it will be very beneficial for our future.


I'm not saying gambling is bad I'm saying no one should gamble because if you gamble you can lose everything your whole life income can go there that's why you trade bitcoins you light your future and gamble happy happy  Never get addicted to it and try to stay away from it.

Yes, Bitcoin is the best coin among all the cryptocurrencies in the market, and if you invest in the time of bearish and hold until the price increase higher to your satisfaction before you can release them for sale, and you will enjoy the benefits of Bitcoin from your investment. Bitcoin is more better than gambling, because there is no way you will buy Bitcoin when the price is low in the market and hold the Bitcoin like 3 or 4 years without achieving incomes from your holding, but you can gamble like 3 or 4 years and you will not achieve something meaningful from your gambling. I believe many gamblers will listen to your advise because gambling has reduced so many people from something to nothing just because they didn't apply wisdom in their gambling.
The point is that you cannot compare gambling with Bitcoin investment, it is a significant difference.
Bitcoin can actually be interpreted as whatever people see and use it, but there are many positive things that can be taken here, such as in investing or trading Bitcoin which allows us to take advantage if we know how and have the knowledge to do so.

But regarding people who use it for gambling or all kinds of other negative things that have high risks and expect big possibilities, I think they know what will happen and they are ready for it.

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September 27, 2023, 07:33:55 AM
 #72

I see a lot of people here comparing gambling games to bitcoins I think those who do this are mentally ill because bitcoin is recognized as the best coin in the world and we see everyone's future in bitcoin and bitcoin price is so low now that's why we  Let's all buy Bitcoin now and it will be very beneficial for our future.
Of course bitcoin is very different from gambling, even though basically investing with bitcoin we have to be prepared to accept the risk of loss but there is an opportunity for us to make a definite profit when the price of bitcoin rises, this is different from gambling where we only rely on luck completely after we place a bet and in gambling we don't. can always provide passive income for us even if we play by relying on good strategy.

Gambling is just entertainment for fun while bitcoin is one of the promising investments for us, especially long-term holders.

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September 27, 2023, 07:43:48 AM
 #73

I see a lot of people here comparing gambling games to bitcoins I think those who do this are mentally ill because bitcoin is recognized as the best coin in the world and we see everyone's future in bitcoin and bitcoin price is so low now that's why we  Let's all buy Bitcoin now and it will be very beneficial for our future.
Comparing bitcoin to gambling is not correct. Because these two things have different fields. For example, bitcoin is a cryptocurrency, while gambling is the activity of risking or multiplying money. It's true, Bitcoin also has elements that multiply money. Such as through investment and trading. But what is clear is that the way it works is different from gambling. So in essence, comparing bitcoin and gambling is indeed an inappropriate comparison.

And I also agree, regarding buying bitcoin now, it has the potential to make big profits later. But even so, nothing is certain. Because investing or trading certainly cannot be separated from profits and losses. So even though Bitcoin has great potential for the future, we need to remember that caution and vigilance must always be applied to each of us.

I'm not saying gambling is bad I'm saying no one should gamble because if you gamble you can lose everything your whole life
In fact, if gambling is done with controlled feelings and not carried away by emotions, it can also provide very positive results. Because many gambling players experience losses, this is because they cannot hold back or control their emotions when they lose and take hot money to deposit,right. But for me personally, I only gamble using really cold money or leftover money. So when I experience a loss, I don't panic too much or become depressed. Because in my personal opinion, the key to comfort when playing gambling is to use cold/spare money. That way, gambling will feel more comfortable and less stressful.

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September 27, 2023, 07:47:59 AM
 #74

I see a lot of people here comparing gambling games to bitcoins I think those who do this are mentally ill because bitcoin is recognized as the best coin in the world and we see everyone's future in bitcoin and bitcoin price is so low now that's why we  Let's all buy Bitcoin now and it will be very beneficial for our future.


I'm not saying gambling is bad I'm saying no one should gamble because if you gamble you can lose everything your whole life income can go there that's why you trade bitcoins you light your future and gamble happy happy  Never get addicted to it and try to stay away from it.
If we talk about the future of bitcoin for certain then of course no one knows. But if we talk about the potential of Bitcoin in the future, it really looks beautiful. Because when more institutions enter Bitcoin and when the Bitcoin Spot ETF that has been proposed by many giant companies is approved by the SEC. So now we will look at one of the triggers for the bullish market welcoming the bitcoin halving. Maybe the price will not immediately increase rapidly after the halving. Because there will be a phase where the paper hands will throw away their cargo. So I don't want to lose the opportunity to join in the party in the next bull market. So I have continued to do DCA for several years.

When it comes to gambling and Bitcoin of course they are different things. But perhaps what many people talk about gambling associated with bitcoin is aimed at people who trade in the bitcoin market without understanding the basics of trading. They only speculate and trade driven by emotional factors or in a way that leads to impulsive behavior. But still it's not gambling. They are just bad traders who don't know what they are doing.

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September 27, 2023, 08:33:38 AM
 #75

because bitcoin is recognized as the best coin in the world

I'm wondering who recognized bitcoin as the best coin in the world? Or is that just your opinion? You don't need to pass off your opinion as the opinion of all people. No, I don't mean to say bitcoin is bad. Bitcoin is definitely one of the best inventions of mankind, thanks to Satoshi Nakamoto. But I think it's wrong to make such an unsubstantiated claim about the best coin in the world.
That is without a doubt a massive assumption by the OP, do not get me wrong when I compare bitcoin to every other altcoin, precious metals and fiat, bitcoin comes ahead easily, however bitcoin is not really recognized that way by most people yet and in fact we are a minority as only a small amount of people hold any significant amount of bitcoin, while the rest of the population is not interested in holding bitcoin or they believe bitcoin is in fact a bad coin.
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September 27, 2023, 08:46:24 AM
 #76

I'm not saying gambling is bad I'm saying no one should gamble because if you gamble you can lose everything your whole life income can go there that's why you trade bitcoins you light your future and gamble happy happy  Never get addicted to it and try to stay away from it.

Investing in Bitcoin isn't gambling, that's why it's recommended by those that have been in the industry before us because when you invest in Bitcoin, you can be sure of making profits now or in the future but investing in other cryptocurency can't assure you of profit as they can stop been hyped and they become worthless while you lose all the money you invested into them. Bitcoin is the best cryptocurrency to invest into and you can buy Bitcoin instead of gambling.

But gambling isn't totally bad, if you want to do it try to avoid getting addicted because that's what makes gambling bad as it makes you to keep playing it even when you're losing. Gambling has made a lot of individual to lose everything they had but you can avoid same results.

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September 27, 2023, 02:58:59 PM
 #77

I'm not saying gambling is bad I'm saying no one should gamble because if you gamble you can lose everything your whole life income can go there that's why you trade bitcoins you light your future and gamble happy happy  Never get addicted to it and try to stay away from it.

Investing in Bitcoin isn't gambling, that's why it's recommended by those that have been in the industry before us because when you invest in Bitcoin, you can be sure of making profits now or in the future but investing in other cryptocurency can't assure you of profit as they can stop been hyped and they become worthless while you lose all the money you invested into them. Bitcoin is the best cryptocurrency to invest into and you can buy Bitcoin instead of gambling.

But gambling isn't totally bad, if you want to do it try to avoid getting addicted because that's what makes gambling bad as it makes you to keep playing it even when you're losing. Gambling has made a lot of individual to lose everything they had but you can avoid same results.
Bitcoin benefits are undeniable. Only ignorance agree that bitcoin is gamble. Thanks to all the bitcoiners who understand the market and see the potential for growth, not bitcoin is more and more valuable. But please, we all know that other crypto could bring us more

Diversity is always important. Always. Other cryptocurrencies, if they can keep their promises, can elevate the blokcchain ecosystem. They do, indeed, bring a huge return. And of course they come with more risk. So, its crucial to proceed with caution and be well-informed, but keep an open mind towards other possibilities. The financial world is expanding day by day. We cant just sit there and wait for things to happen to us

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Alice102030
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September 27, 2023, 03:39:49 PM
 #78

We Missed the Numbers for Bitcoin in 2011, But I Guess It Won't Rise Any More
Ahmsal
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September 27, 2023, 04:03:59 PM
 #79

At least, I can say there is correlation between the topic and the body of this message, I think what you are trying to say is that bitcoin can give about 99%(if not 100%) hope of success in life. However, Hope is life because hope keeps the spirit high to do more and achieve more in life. Unlike gambling which has no certainty (i.e under probability)
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September 27, 2023, 04:14:00 PM
 #80

At least, I can say there is correlation between the topic and the body of this message, I think what you are trying to say is that bitcoin can give about 99%(if not 100%) hope of success in life. However, Hope is life because hope keeps the spirit high to do more and achieve more in life. Unlike gambling which has no certainty (i.e under probability)
As much as hope gives us the drive to continue and do better we can't just fully rely on that without actually making an action. Also, yes, I agree with you that even though I do not agree with OP's initial idea (still having a hard time comprehending the full message and point of the post) at least the title and body of the post have a relation. Lastly, gambling can bring hope to people too, yes often times there is no certainty in gambling but if you will be smart about it you can be like those individuals who calculates things and uses a lot of methods and research to know when to bet and how much.

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