Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Crypto on September 21, 2018, 09:22:58 AM
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In traditional slots you pay a coin, and if a certain sequence comes up, you get some winnings. I think everyone will agree that's a form of gambling.
In bitcoin, to create coins, you pay some electricity, and if a sequence of 0's comes up, you win some bitcoins.
Is this aspect a form of gambling?
And if so, is that illegal in the U.S.?
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I don't think that bitcoin is gambling, I prefer to call it investment, because when we gamble we don't know how much we can win if bitcoin is that we know how much we will win. that's just according to my thinking that is still learning
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I do not see bitcoin as gambling. In gambling you either lose or win while for bitcoin it is a risky investment that will yield more profit when you HODL. You can sell at a lost but not lose completely like in gambling
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For people who aren't really right with Bitcoin, that person will consider Bitcoin to be a form of gambling, but for people who have known bitcoin for a long time, they don't think Bitcoin is a form of gambling.
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Actually Bitcoin is not a form of gambling, but there are indeed some people who make Bitcoin a tool for gambling. but in my opinion the trade in bitcoin and other Crypto is similar to gambling, because the price of coins that goes up and down quickly. and if someone is good at seeing this then this can make a lot of money.
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actually bitcoin is not gambling, but maybe there are some who get bitcoin by gambling, so their coins multiply instantly, but there are also only for investment
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No I think Bitcoin is not a form of gambling. Bitcoin is smart strategy and do at the right time.
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Bitcoin is trading. Bitcoin can be bought and sold like gold. Even some people say that bitcoin is digital gold. Like gold, bitcoin can also be bought, held and sold when prices are high.
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Bitcoin is not a form of gambling it is looks like because gamblers influence others to use the popularity of bitcoin. Now, there are some casino that accepted bitcoin and some major cryptocurrencies.
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bitcoin is not gambling but bitcoin is an investment because in gambling there is a loss there is a win while bitcoin is an investment that will make a profit. Because in my opinion bitcoin is a trade that can buy and sell like gold and always see prices rising and falling quickly. if someone is good at seeing then this can make a lot of money, so I think bitcoin is not gambling.
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that's the comments of people who aren't really understand what's bitcoin is,i don't see any form of gambling in bitcoin.it's purely an investment,some prepared to put up money a capital for trading and earned profit while others no fraction of their earnings but the joint a bounty campaign they invest on their time and labor and earned.so this is not a form of gamling
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for people who are not right they consider bitcoin as a form of gambling but for me to call it an investment while in gambling there are losers who win. while bitcoin is an investment that will generate profits.
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Personally, I think bitcoin is investment, not gambling. It works very difference with gambling. Bitcoin just like an asset like home, land, or stock. I don't agree if you claim it as a gambling form.
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For me it is, Like what we always said "Just invest what you can afford to lose" so for me it's kind of gambling that's really very risky. But if you're going to study about it you will have alot of advantages to this gambling.
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In traditional slots you pay a coin, and if a certain sequence comes up, you get some winnings. I think everyone will agree that's a form of gambling.
In bitcoin, to create coins, you pay some electricity, and if a sequence of 0's comes up, you win some bitcoins.
Is this aspect a form of gambling?
And if so, is that illegal in the U.S.?
No I am not agree, If bitcoin is a form of gambling. Bitcoin is good investment with smart strategy.
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In traditional slots you pay a coin, and if a certain sequence comes up, you get some winnings. I think everyone will agree that's a form of gambling.
In bitcoin, to create coins, you pay some electricity, and if a sequence of 0's comes up, you win some bitcoins.
Is this aspect a form of gambling?
And if so, is that illegal in the U.S.?
In my opinion, I think Bitcoin is not a form of gambling. Bitcoin is good for ling term investment. Buy when low and sell when high.
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if someone is good at seeing this then this can make a lot of money. Actually Bitcoin is not a form of gambling, but there are indeed some people who make Bitcoin a tool for gambling. but in my opinion the trade in bitcoin and other Crypto is just like gambling, because the price of coins is rising and falling rapidly.
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Definitely not. Undeniably some other people are using the name of bitcoin just to make illegal things due to its popularity. For me, I never think bitcoin as a way or form of gambling. As we all know, bitcoin becomes more popular due to its original purpose, as a replacement of money, which can be use to pay commodities, services, etc, in a fast way because it is runned through blockchain technology.
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In traditional slots you pay a coin, and if a certain sequence comes up, you get some winnings. I think everyone will agree that's a form of gambling.
In bitcoin, to create coins, you pay some electricity, and if a sequence of 0's comes up, you win some bitcoins.
Is this aspect a form of gambling?
And if so, is that illegal in the U.S.?
I don't think your representation of data suffice the word gambling. To me, its a form of investment, I guess you are pointing bitcoin mining in your example.. Paying electric bills and purchasing computers installing everything to create a mining facility is not a gambling but rather a form of investment to something which you think would gives a huge profit in the future. Gambling logically describe as playing games where in you bet for the winning team.
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~snip~
I think everyone will agree that's a form of gambling.
~snip~
I guess no one will agree that bitcoin is a form of gambling. Basically, not only bitcoin has unstable and volatile price. All cryptocurrency have the same characteristics. So, if you think bitcoin is a gambling form, then all crypto are also the gambling forms. I don't agree if you state it is a gambling. Even the prices are unstable, we don't gamble with our investment.
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I do not agree that Bitcoin is gambling, Bitcoin is created for transaction tools not a gambling tool, but it cannot be denied that many people say that. moreover, the price of bitcoin is rising very fast, this makes people keep guessing the price of Bitcoin, they trade in exchange, and consider it the same as placing a bet on the Casino.
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I never thought like that and I strongly disagree when bitcoin is considered gambling, because I think bitcoin is a legitimate trade.
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It's true, I also don't often hear those words, that Bitcoin is a form of gambling. but I don't agree, if Bitcoin itself is a currency with very fast changes in value, this is called fluctuating. Holding Bitcoin in my opinion is investment. Maybe because trading Bitcoin with this unstable value, which makes bitcoin called gambling.
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We pay for electricity in order to generate bitcoin and the same is true for everything that is powered by electric power. So if we are going to assume that paying for electricity in order to get a work done (in this case to generate bitcoin) is synonymous to gambling, then I cannot think of anything that wouldn't be a form of gambling.
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It's not gambling, it's an investment. Gambling is like playing the lottery or something in order to win money. Bitcoin is a tangible product that has actual use. You would invest in something like Apple or Microsoft both with the intention of making money in the end right? With gambling there is no product, it's just wagering money to try and make more money, and is largely a waste of money as well.
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It's not gambling, it's an investment. Gambling is like playing the lottery or something in order to win money. Bitcoin is a tangible product that has actual use. You would invest in something like Apple or Microsoft both with the intention of making money in the end right? With gambling there is no product, it's just wagering money to try and make more money, and is largely a waste of money as well.
what about we play a game in gambling site using our bitcoin?
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what about we play a game in gambling site using our bitcoin?
Have you ever tried this before?
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In traditional slots you pay a coin, and if a certain sequence comes up, you get some winnings. I think everyone will agree that's a form of gambling.
In bitcoin, to create coins, you pay some electricity, and if a sequence of 0's comes up, you win some bitcoins.
Is this aspect a form of gambling?
And if so, is that illegal in the U.S.?
No, I think bitcoin is not gambling, although unpredictable. But we can learn the chart and the bitcoin progress everyday.
Investment is not gambling, it's more risky because more profitable than other assets.
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Bitcoin is not gambling. Currency trading in general is not gambling, though it may appear this way to people who don't know what it entails. And it entails a whole lot of study into various types of analysis to make an accurate prediction. Traders don't generally leave things to chance, like gamblers do.
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Bitcoin is not gambling. Currency trading in general is not gambling, though it may appear this way to people who don't know what it entails. And it entails a whole lot of study into various types of analysis to make an accurate prediction. Traders don't generally leave things to chance, like gamblers do.
Yes indeed, I agree. It's a totally different concept of gambling. We can actually learn and study the pattern of cryptocurrency eventho its still a blurry lines.
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It's not gambling, it's an investment. -snip-
You are right. Bitcoin isn't a gambling form, we invest or trading in Bitcoin. When we invest or trade in Bitcoin, we need sufficient knowledge, so it requires some learning. While in gambling, sometimes we don't need to learn, just rely on luck. Although some gambling games need skills, it is not the same as learning the knowledge in investment or trading.
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It's not gambling, it's an investment. -snip-
You are right. Bitcoin isn't a gambling form, we invest or trading in Bitcoin. When we invest or trade in Bitcoin, we need sufficient knowledge, so it requires some learning. While in gambling, sometimes we don't need to learn, just rely on luck. Although some gambling games need skills, it is not the same as learning the knowledge in investment or trading.
That's true, investing in bitcoin we should learn firstly.
We couldn't invest without didn't know bout coins and project.
Bitcoin is not gambling.
Bitcoin is investing our money , So I don't agree about gambling.
Learn and analysis are the basic factor.
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That's true, investing in bitcoin we should learn firstly.
We couldn't invest without didn't know bout coins and project.
Bitcoin is not gambling.
Bitcoin is investing our money , So I don't agree about gambling.
Learn and analysis are the basic factor.
100% agree with you. It's your own fault if ure not learning first about bitcoin before actually put your money on that. We need to be smart with this kind of things.
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NO.
mining Bitcoin is for sure to get certain Bitcoin or sat.
It is not a form of gambling.
Gambling in Bitcoin is where you are trading Bitcoin without any analysis, only based on luck to buy at a certain rate and then hope to have a higher price without any analysis. That kind of trading type is gambling.
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is it better for you to play bitcoin mining or trading?
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is it better for you to play bitcoin mining or trading?
For me, better trading than mining. Because you don't have to put a lot of money into that. With mining, you have to put a lot of money into like the computer gears, electricity, and high speed internet.
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is it better for you to play bitcoin mining or trading?
For me, better trading than mining. Because you don't have to put a lot of money into that. With mining, you have to put a lot of money into like the computer gears, electricity, and high speed internet.
Mining need much money to buy equipment and electricity cost
I personally prefer do trading than mining
In my perception, mining will give you fix profit, but trading will give you incredible profit.
So, You can choose which investment do you want to do.
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Mining need much money to buy equipment and electricity cost
I personally prefer do trading than mining
In my perception, mining will give you fix profit, but trading will give you incredible profit.
So, You can choose which investment do you want to do.
Yes u only need a lil bit of fund, patience and also a lil bit of luck hahah beside trading, i also put my coin on gambling site, i know its risky but fun tho
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is it better for you to play bitcoin mining or trading?
I think it largely depends on the person and their resources. Different people have different needs.
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is it better for you to play bitcoin mining or trading?
For me, trading. It's simpler, you don't have to put a lot of money for trading, it's different than mining tho, you need to be prepared a lot of extra cost at first.
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is it better for you to play bitcoin mining or trading?
For me, trading. It's simpler, you don't have to put a lot of money for trading, it's different than mining tho, you need to be prepared a lot of extra cost at first.
Youre right, we must putalot of money for mining.
I personally prefer in trading.
Put a few money, buy low wait and sell when high.
But we must know the character of cpin nad market.
Trading is simplier but not easy.
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Youre right, we must putalot of money for mining.
I personally prefer in trading.
Put a few money, buy low wait and sell when high.
But we must know the character of cpin nad market.
Trading is simplier but not easy.
Indeed. Personally, I'm not the type of daily or weekly trader because I've got no time huhu so I just buy and then wait for a couple months or maybe a year to sell.
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Indeed. Personally, I'm not the type of daily or weekly trader because I've got no time huhu so I just buy and then wait for a couple months or maybe a year to sell.
No problem about that strategy. If you feel you like it and you enjoy it. Then just continue to do what you are doing. Each type of strategy has risk, disadvantages, and advantages.
If someday you feel not comfortable, just swift to new style like combining both. Trade while you are waiting for profit from your investment holding.
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Is this aspect a form of gambling?
Investing or trading in Bitcoin isn't a form of gambling. Basically, we invest in Bitcoin must have sufficient knowledge to succeed. There is no way like in gambling that people can rely on luck only. Investing in Bitcoin needs some serious research and efforts to optimize the chance to take profits. Bitcoin price fluctuates and it is influenced by many factors, that's why we must have enough knowledge about it.
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Youre right, we must putalot of money for mining.
I personally prefer in trading.
Put a few money, buy low wait and sell when high.
But we must know the character of cpin nad market.
Trading is simplier but not easy.
I also like trading and besides playing games.
for trading I get the art by looking at charts, and looking for news information related to coins.
to play games, it's a relaxing thing to do everyday
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No problem about that strategy. If you feel you like it and you enjoy it. Then just continue to do what you are doing. Each type of strategy has risk, disadvantages, and advantages.
If someday you feel not comfortable, just swift to new style like combining both. Trade while you are waiting for profit from your investment holding.
Yes, eventho sometime im like FOMO and jealous with my friends who got their daily profit from their daily trading hahaha
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Trading currencies, including cryptocurrencies, is not gambling. It requires a lot of knowledge and experience to properly analyze the market. That is not the same as relying on your luck.
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Trading currencies, including cryptocurrencies, is not gambling. It requires a lot of knowledge and experience to properly analyze the market. That is not the same as relying on your luck.
Experience and knowledge could save the traders money during FOMO and panic. Meanwhile the emotional base traders are always in danger. Luck is none sense in successful trading.
Trading is different from gambling. Gambling would be about luck but trading is knowledge base.
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Experience and knowledge could save the traders money during FOMO and panic. Meanwhile the emotional base traders are always in danger. Luck is none sense in successful trading.
Trading is different from gambling. Gambling would be about luck but trading is knowledge base.
Yes trading is nothing like gambling. And you're right gambling is all about luck and feeling lucky at the moment.
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Experience and knowledge could save the traders money during FOMO and panic. Meanwhile the emotional base traders are always in danger. Luck is none sense in successful trading.
Trading is different from gambling. Gambling would be about luck but trading is knowledge base.
Yes trading is nothing like gambling. And you're right gambling is all about luck and feeling lucky at the moment.
Yeah, gambling is trying to put your bid into the unknown result because the ball is uncontrollable where it should stop over. While crypto trading is not like that, it is about knowledge, patience, perfect timing of execution, and organic growth to develop maturity mindset to differentiate mind and heart decision.
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Yeah, gambling is trying to put your bid into the unknown result because the ball is uncontrollable where it should stop over. While crypto trading is not like that, it is about knowledge, patience, perfect timing of execution, and organic growth to develop maturity mindset to differentiate mind and heart decision.
Exactly, we need to learn the fundamentals first with trading. Gambling is like a hobby, and it's fun until you lost hahaha
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I am sure for those who can afford it, even the losing is fun, because it just emphasizes the joy of winning. Trading really shouldn't be approached like that though.
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I am sure for those who can afford it, even the losing is fun, because it just emphasizes the joy of winning. Trading really shouldn't be approached like that though.
Yes trading is very different. When you lose some money, its not fun at all. It's different than gambling.
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Yeah, gambling is trying to put your bid into the unknown result because the ball is uncontrollable where it should stop over. While crypto trading is not like that, it is about knowledge, patience, perfect timing of execution, and organic growth to develop maturity mindset to differentiate mind and heart decision.
Exactly, we need to learn the fundamentals first with trading. Gambling is like a hobby, and it's fun until you lost hahaha
Fun while playing. :D :D But nightmare if loses all the money. Meanwhile in trading deep analysis and application to put all the basic into action.
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Fun while playing. :D :D But nightmare if loses all the money. Meanwhile in trading deep analysis and application to put all the basic into action.
With trading, you can actually learn how, but with gambling, its all grey area. very very tricky. just be wise.
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Fun while playing. :D :D But nightmare if loses all the money. Meanwhile in trading deep analysis and application to put all the basic into action.
With trading, you can actually learn how, but with gambling, its all grey area. very very tricky. just be wise.
Obviously, as the saying goes "that nothing gets rich from gambling" is indeed a reality, but human nature is indeed different in whatever one will do. agree that it is better to learn how to trade well then there will be a bright way out ahead than to gamble.
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Fun while playing. :D :D But nightmare if loses all the money. Meanwhile in trading deep analysis and application to put all the basic into action.
With trading, you can actually learn how, but with gambling, its all grey area. very very tricky. just be wise.
Obviously, as the saying goes "that nothing gets rich from gambling" is indeed a reality, but human nature is indeed different in whatever one will do. agree that it is better to learn how to trade well then there will be a bright way out ahead than to gamble.
Yeah, gambling is addictive but more likely unstable environment with higher risk than trading. It is also good to consider playing p2e games. At least monthly or weekly there's a regular income to withdraw.
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In traditional slots you pay a coin, and if a certain sequence comes up, you get some winnings. I think everyone will agree that's a form of gambling.
In bitcoin, to create coins, you pay some electricity, and if a sequence of 0's comes up, you win some bitcoins.
Is this aspect a form of gambling?
And if so, is that illegal in the U.S.?
i think It's not gambling.
We must to learn and has analizing before doing investment.
If you talk, bitcoin is unpredictable, that's true.
But If there is the people said It's gambling, I think I'm not agree with this.
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It's most definitely not gambling.
If you are referring to mining. even though you can't exactly predict the rewards, you put in the effort needed to get that coin and the outcome depends on your (or rather, your computer's) speed, strength, etc.
When it comes to trading or investing, ideally you make decisions based on rational factors such as news and analysis. Therefore your gains and losses are not completely out of your control like it would be in the case of gambling. Of course, if you don't do your due diligence and make decisions on a whim, you might as well be gambling, but that's not cryptos' fault.
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...,But If there is the people said It's gambling, I think I'm not agree with this.
Possible others will think about Bitcoin as gambling 'coz it is normal for newbies to think of it as it is. But later on they will realize that it is not. The only thing to make it gambling is directly join the gambling games in crypto which every players could earn Btc, Eth, or whatever that are available coins to win in the game.
That is the gambling because it is not an investment no assurance to still hold the BTC when the bits didn't work. While BTC investment is directly buy BTC on any exchange that allow BTC trading.
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Possible others will think about Bitcoin as gambling 'coz it is normal for newbies to think of it as it is. But later on they will realize that it is not. The only thing to make it gambling is directly join the gambling games in crypto which every players could earn Btc, Eth, or whatever that are available coins to win in the game.
That is the gambling because it is not an investment no assurance to still hold the BTC when the bits didn't work. While BTC investment is directly buy BTC on any exchange that allow BTC trading.
If for bitcoin trading, does that also include gambling?
because when we trade it also doesn't know whether the value of btc or crypto will go up or down
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Fun while playing. :D :D But nightmare if loses all the money. Meanwhile in trading deep analysis and application to put all the basic into action.
With trading, you can actually learn how, but with gambling, its all grey area. very very tricky. just be wise.
Obviously, as the saying goes "that nothing gets rich from gambling" is indeed a reality, but human nature is indeed different in whatever one will do. agree that it is better to learn how to trade well then there will be a bright way out ahead than to gamble.
Yeah, gambling is addictive but more likely unstable environment with higher risk than trading. It is also good to consider playing p2e games. At least monthly or weekly there's a regular income to withdraw.
Wow, I just found out about p2e games, but usually when it comes to gameplay, it doesn't seem to give anything that can surprise and we wait too long, if what you say is different from other games, of course it's very good to try.
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Wow, I just found out about p2e games, but usually when it comes to gameplay, it doesn't seem to give anything that can surprise and we wait too long, if what you say is different from other games, of course it's very good to try.
Do you have to use deposit first with p2e games? Or all you have to do is just play without using any kinds of money?
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Wow, I just found out about p2e games, but usually when it comes to gameplay, it doesn't seem to give anything that can surprise and we wait too long, if what you say is different from other games, of course it's very good to try.
Do you have to use deposit first with p2e games? Or all you have to do is just play without using any kinds of money?
I myself have not tried it and have only just heard this information, hopefully those who provide the information will be able to answer it later, for fear that I will give the wrong answer.
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If for bitcoin trading, does that also include gambling? because when we trade it also doesn't know whether the value of btc or crypto will go up or down
No, trading isn't a kind of gambling, we don't rely on luck here. Bitcoin trading requires sufficient knowledge and experience, we cannot run it like in gambling. Bitcoin trading is almost the same as forex trading, but not the same as gambling. The rules in Bitcoin gambling is also different than gambling, here we have a community to know the price prediction and how to optimize the chance for profits.
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I agree. Although there are some casinos out there that do use cryptos rather than fiat currencies, that is not even remotely trading. Trading and gambling are two very different things and should not be conflated with each other.
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It has been several times many people asking about this.
The answer in my opinion:
- Yes if we don't know exactly about Bitcoin, follow any hype, and buy and sell without any analysis. So we only based on the blind prediction
- No if we understand really Bitcoin and know how to analysis at least
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You can gamble with trading anything if you don't know what you are doing and you're opening positions blindly, not just Bitcoin.
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Fun while playing. :D :D But nightmare if loses all the money. Meanwhile in trading deep analysis and application to put all the basic into action.
With trading, you can actually learn how, but with gambling, its all grey area. very very tricky. just be wise.
Obviously, as the saying goes "that nothing gets rich from gambling" is indeed a reality, but human nature is indeed different in whatever one will do. agree that it is better to learn how to trade well then there will be a bright way out ahead than to gamble.
Yeah, gambling is addictive but more likely unstable environment with higher risk than trading. It is also good to consider playing p2e games. At least monthly or weekly there's a regular income to withdraw.
Wow, I just found out about p2e games, but usually when it comes to gameplay, it doesn't seem to give anything that can surprise and we wait too long, if what you say is different from other games, of course it's very good to try.
To be honest. I'm not a gamer but now I'm trying. Maybe I will give time to that aspect. Actually, I have time now because no more bulks responsibilities in my studies.
Btw, I didn't even try it. I say those words because of my neighbors testimonies that they can collect profitable income in monthly basis depends on the market condition.
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To be honest. I'm not a gamer but now I'm trying. Maybe I will give time to that aspect. Actually, I have time now because no more bulks responsibilities in my studies.
Btw, I didn't even try it. I say those words because of my neighbors testimonies that they can collect profitable income in monthly basis depends on the market condition.
What games are you planning to try?
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@Esmeralda Zhang
Looking forward to own one team in Axie just in case blessings will flow in my life soon. I also take to consideration the Metamon (I'm not advertising this game just for discussion purposes) game which will be launch sooner.
Also I'm planning to try what Ferki is promoting through his signature. You can look into it and try too. ;)
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This is not gambling becasue i am in the Crypto from last 2016 and i make good amount of profit in this business and i just invest small amount of money and just hold that and i make good amount of profit in it. crypto is the world best business at this time.
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I don't think Bitcoin is a form of gambling because in Bitcoin there is stop loss and take profit features which means we can lose but not all, but these features are not available in gambling, if you lose then it's all that you have put.
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Some casinos use Bitcoin to gamble with, same as others use Euro or Dollar. It doesn't make any of the currencies themselves "gambling".
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Investing in Bitcoin is surely very different from gambling, you must understand first how to invest in Bitcoin properly. You must know that investing in Bitcoin requires some learning, it is not the same as gambling that is sometimes only based on the luck to win. In trading, without good knowledge, we risk our money and probably have a bad ending. Yep, investing in Bitcoin isn't like a game, it is a more serious bussiness.
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The Fiat that we use, such as USD, INR, EURO, POUND, are all money that we basically use as a medium of exchange and the use is different and it has been happening since it was first created thousands of years ago.
Bitcoin was created also for Peer To Peer transactions and it was the first use for Bitcoin and after that Bitcoin was also used to pass things that changed such as gambling platforms that accept Bitcoin.
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In traditional slots you pay a coin, and if a certain sequence comes up, you get some winnings. I think everyone will agree that's a form of gambling.
In bitcoin, to create coins, you pay some electricity, and if a sequence of 0's comes up, you win some bitcoins.
Is this aspect a form of gambling?
And if so, is that illegal in the U.S.?
I think Bitcoin is not gambling, It is investation. So, We should learn the chart while investing.
Bitcoin is the future currency, I don't believe It will be banned permanently at several countries.
Wait the moment, all countries will accept bitcoin.
About US, it's just matter of time.
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Bitcoin is not a form of gambling, but it can be one of the things to be used in gambling.
Many online gamblings right now accept Bitcoin as the payment, moreover the crypto gambling online sites,
Additionally, about trading crypto, it can be also considered as gambling if we only trade without any analysis and knowledge
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Bitcoin is not a form of gambling, but it can be one of the things to be used in gambling.
Many online gamblings right now accept Bitcoin as the payment, moreover the crypto gambling online sites,
Additionally, about trading crypto, it can be also considered as gambling if we only trade without any analysis and knowledge
Yes I agree, trading without knowledge and analysis can also be called as gambling. Me as a gambling entusiast really glad that so many sites offer crypto payment. It's indeed a very high risk but also lots of fun and you can gain a lot too.
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Bitcoin is never a form of gambling at all. It is when you don't what you are doing that Bitcoin or any form of crypto or Forex trading is a form of gambling. Some persons do not know the basics of trading crypto or forex, they just start gambling with their money and in the end when they lost their money they will say that trading is gambling. As a potential trader or investor, you should know when to invest and when not to invest. Learn the rudiments of trading before you jump into it.
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Bitcoin is a coin that has risen above the rest of the world. In fact, the way those who use Bitcoin will work in the same way as if someone gambled on Bitcoin, it will be the same, moreover, those who think positively about Bitcoin, how Bitcoin is considered to be very good.
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In traditional slots you pay a coin, and if a certain sequence comes up, you get some winnings. I think everyone will agree that's a form of gambling.
In bitcoin, to create coins, you pay some electricity, and if a sequence of 0's comes up, you win some bitcoins.
Is this aspect a form of gambling?
And if so, is that illegal in the U.S.?
I think bitcoin is not gambling , Becauee we invest in bitcoin and altcoin, result of analyzing .
Learn the bitcoin mad altcoins, starting to invest.
So, I don't think analyzing as the same as gambling.
Never.
Crypto are risky, but We must be careful to invest on them.
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so far as I know the main purpose of bitcoin is to implement anonymous payments and is not known by many people and the most important thing is that the speed of transactions between countries becomes easier, in contrast to fiat currencies which are very difficult to make transactions between countries.
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There is always this perception, is Bitcoin a gamble? Yes, this question often comes from people who are new to Bitcoin, and I think it's natural. If they continue to be in this Cryptocurrency, then he will know Bitcoin and will understand it.
So they know that Bitcoin is not a form of gambling, but Bitcoin is a new technology in payments with various advantages for anyone who has it.
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Maybe OP meant whether trading Bitcoin is a form of gambling, because Bitcoin is so volatile?
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In traditional slots you pay a coin, and if a certain sequence comes up, you get some winnings. I think everyone will agree that's a form of gambling.
In bitcoin, to create coins, you pay some electricity, and if a sequence of 0's comes up, you win some bitcoins.
Is this aspect a form of gambling?
And if so, is that illegal in the U.S.?
If you said bitcoin is gambling, I think I don't agree because bitcoin is investment. So, every investment need analysis, prediction . that's not gambling.
Maybe we ever lose sometimes, but We will get profit if you have good analysis and prediction.
that's my opinion about bitcoin.
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In traditional slots you pay a coin, and if a certain sequence comes up, you get some winnings. I think everyone will agree that's a form of gambling.
In bitcoin, to create coins, you pay some electricity, and if a sequence of 0's comes up, you win some bitcoins.
Is this aspect a form of gambling?
And if so, is that illegal in the U.S.?
If you said bitcoin is gambling, I think I don't agree because bitcoin is investment. So, every investment need analysis, prediction . that's not gambling.
Maybe we ever lose sometimes, but We will get profit if you have good analysis and prediction.
that's my opinion about bitcoin.
Gambling or not I think It depends on their perception.
If they believe bitcoin will give them profit, because It results from their analysis, I think They will say , it's not gambling.
But for them, didn't have knowledge and analysis, buy and sell.
Often loss... they will say bitcoin is gambling.
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For me it is, Like what we always said "Just invest what you can afford to lose" so for me it's kind of gambling that's really very risky. But if you're going to study about it you will have alot of advantages to this gambling.
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For me it is, Like what we always said "Just invest what you can afford to lose" so for me it's kind of gambling that's really very risky. But if you're going to study about it you will have alot of advantages to this gambling.
If you think bitcoin is gambling, I think you didn't learn more about the chart, fundamental and technical analysis.
We should learn more about analysis.
We invest , must know what the risk and chance.
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Currently, we have expanded the Bitcoin game site. Bitcoin has spread widely in the world today. The result is the price of bitcoin. Gambling sites play a huge role in the spread of Bitcoin. And right now we're getting all the news that is gambling.
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For me it is, Like what we always said "Just invest what you can afford to lose" so for me it's kind of gambling that's really very risky. But if you're going to study about it you will have alot of advantages to this gambling.
The blockchain technology itself, like bitcoin itself, is not something gambling. But bitcoin can be used in various gambling games and bet in bitcoins. People also have a passion to play for raising and lowering prices. But this is already called trading.
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Bitcoin is a cryptocurrency currency that you can use wherever you take it. If you use Bitcoin for good then it is definitely good.And if you use this bitcoin for a bad purpose, it will become a bad thing. Meanwhile, it will continue to be the way you use it.
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Investing in bitcoin is like a little bit gambling but for me is a form of investment because you will not losing money if you hold bitcoin for long or just hold until you make profit. Bitcoin is really good investment in my opinion. I never heard banning or illegal using bitcoin in the US.
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Gambling depends almost entirely on luck. But trading is completely different from gambling. Investors should have sufficient knowledge and talent about cryptocurrency for bitcoin trading. Coins are traded based on preconceived notions about the cryptocurrency market. The experience we need in bitcoin trading is not required in gambling.
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Cryptocurrency, and in particular bitcoin, is very far from gambling. The cryptocurrency market is more like the stock market. Shares of various firms and corporations also rise and fall, bringing profits and losses to their owners. However, price fluctuations there are not as large as in the cryptocurrency market.
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Bitcoin is of course not created from gambling, bitcoin was created by Satoshi Nakamoto to be an alternative money that can be used to make transactions, so it doesn't come from gambling places, gambling often uses bitcoin because it wants to make transactions easier.
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Gambling depends almost entirely on luck. But trading is completely different from gambling. Investors should have sufficient knowledge and talent about cryptocurrency for bitcoin trading. Coins are traded based on preconceived notions about the cryptocurrency market. The experience we need in bitcoin trading is not required in gambling.
You're right. Investors should have knowledge and talent. Because it invest in crypto currency is not easy.
We must learn the chart, the team and the project
I don't think bitcoin is gambling.
Maybe they that didn't know bitcoin , say that.
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If one relies on luck when trading they are in for some very unpleasant experiences, I think. It's a very poor idea to do that. Rely on logic and knowledge, not chance.
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All financial platforms in this world can be used for good or bad depending on those who own the asset, for example, we have 1 kg of gold and the gold can be used by the owner for ordinary trading or gambling on various legal platforms.
Bitcoin was first designed for super fast, secure transactions without third parties so that there is no intervention from any party and this is what I think that Bitcoin is definitely not designed for gambling in the first place.
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For people who aren't really right with Bitcoin, that person will consider Bitcoin to be a form of gambling, but for people who have known bitcoin for a long time, they don't think Bitcoin is a form of gambling.I do not see bitcoin as gambling. In gambling you either lose or win while for bitcoin it is a risky investment that will yield more profit when you HODL. You can sell at a lost but not lose completely like in gambling
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For people who aren't really right with Bitcoin, that person will consider Bitcoin to be a form of gambling, but for people who have known bitcoin for a long time, they don't think Bitcoin is a form of gambling.
For newcomers or people who just know about Bitcoin, or never know about Bitcoin investment, they probably will think Bitcoin investment is the same as gambling. They may think only about gaining profits or losing money. They don't think about the process, Bitcoin investment requires sufficient knowledge and patient to hold the Bitcoin. While gambling, is sometimes luck-based only, no need for knowledge. It cannot happen in Bitcoin investment, sufficient knowledge is a must and the result mostly cannot determine by the luck.
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When Bitcoin can be a gamble. It's a market. There is no bet on any kind of money. Gambling is one of the things you lose and you get rich. But Bitcoin is a market place. Here you can be rich but you can't be a beggar.
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Bitcoin is an asset of the future because the supply is limited and this Bitcoin is really good to hold in the long term and this Bitcoin is not a gamble but an asset.
But for those who are new to cryptocurrency, they can say things like that because they buy Bitcoin at a high price and don't buy it at a low price and this incident has a lot of stories.
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You cannot treat bitcoin or any other cryptocurrency as a gamble, otherwise, with this approach, it will inevitably lead to losses. Bitcoin and other decentralized cryptocurrencies are primarily a means of payment and at the same time a financial asset, the value of which can change - rise or fall, that is, it has the characteristics of a stock. Nobody compares the stock market to gambling, nor is the cryptocurrency market.
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bitcoin is not the same as gambling.
There is a very different concept between cryptocurrency and gambling.
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I don't think so. Bitcoin is a gamble. I have no idea about the new member forum of this forum. I can't comment on the forum because I don't have this idea.
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I don't think so. Bitcoin is a gamble. I have no idea about the new member forum of this forum. I can't comment on the forum because I don't have this idea.
I don't think it's like that, those who say bitcoin is like gambling in my opinion are just people who don't know how to trade in bitcoin and don't know what bitcoin is better, bitcoin is a digital currency that can help many people to make transactions in cyberspace so bitcoin it can't be said like gambling, from 2009 to 2021 the price of bitcoin has a significant movement so it doesn't feel right if bitcoin is used as gambling.
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I couldn't trust that Bitcoin is gambling. Because we can see that it's popularity will increase quickly.So i trust that gradually it's price will increase. Because we know that Bitcoin price is very prefer than others crypto.So we notice that sometimes it's price will increase but otherwise we can see that it's price will down.So i trust that Bitcoin is not gambling.
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Anyone who believes that Bitcoin and other decentralized cryptocurrencies are like gambling will inevitably lose. I see the cryptocurrency market more as a stock market. Therefore, it requires study, forecasting and a sound approach. Basically, this is a serious business and it requires a serious approach.
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Any thing you do and that you don't have knowledge of it is gambling. If you invest in Bitcoin and you doesn't know how it work, you are gambling with your money. But if you settle down and learn how bitcoin work you are not gambling. Bitcoin is not gambling.
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In traditional slots you pay a coin, and if a certain sequence comes up, you get some winnings. I think everyone will agree that's a form of gambling.
In bitcoin, to create coins, you pay some electricity, and if a sequence of 0's comes up, you win some bitcoins.
Is this aspect a form of gambling?
And if so, is that illegal in the U.S.?
other than bets, I think there is no gambling investment in the crypto world.
Invest in bitcoin , We have to study the project and the team.
The opportunity gives profit or the possibility is worthless, We must really analyze the opportunities of each of our investments.
And always do at the right time when buy and sell must do at the right time.
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Bitcoin is a popular crypto currency. It is very common to us as medium payment method. You can use it in any accepted area. Recently we see that gambling and casino sites discover a new way that is using crypto currency in gambling site. Now it very much popular. Gambler also happy to gambling with it. Everyday a large number of crypto currency is used by the platform. We see that there are many gambling projects are one going. So definitely i can say that bitcoin is form of gambling site.
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No, Bitcoin is not a form of gambling. We all know it because it is a market place. If it is a gamble then some of those who trade in glassware can be called gamblers. Because they buy vegetables from one place at a lower price and then sell at a higher price. This is exactly what happens here.