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Author Topic: Is bitcoin a form of gambling?  (Read 8309 times)

Offline Dork

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Re: Is bitcoin a form of gambling?
« Reply #105 on: October 30, 2021, 03:55:50 PM »
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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Re: Is bitcoin a form of gambling?
« Reply #105 on: October 30, 2021, 03:55:50 PM »

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Offline 36B

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Re: Is bitcoin a form of gambling?
« Reply #106 on: November 05, 2021, 08:33:08 AM »
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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Re: Is bitcoin a form of gambling?
« Reply #107 on: November 05, 2021, 06:46:34 PM »
 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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Re: Is bitcoin a form of gambling?
« Reply #108 on: November 05, 2021, 06:54:50 PM »
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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Re: Is bitcoin a form of gambling?
« Reply #109 on: November 05, 2021, 08:37:54 PM »
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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Re: Is bitcoin a form of gambling?
« Reply #110 on: November 06, 2021, 02:35:53 AM »
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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Re: Is bitcoin a form of gambling?
« Reply #111 on: November 06, 2021, 03:18:36 AM »
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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Re: Is bitcoin a form of gambling?
« Reply #111 on: November 06, 2021, 03:18:36 AM »


Offline Phython

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Re: Is bitcoin a form of gambling?
« Reply #112 on: November 06, 2021, 10:03:23 AM »
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.

 

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