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Re: Bitcoin is not gambling
by
TiffanyLien23
on 28/11/2017, 01:47:35 UTC
I don't know why people say bitcoin is gambling. Its not gambling. You are investing your money and time. You use your internet. So its not gambling dealing with it.

Bitcoin is a currency.  You cant say money is gambling itself.  But if you invest your money and convert it into bitcoin,  now it is gambling.  Because you take a risk investing your money to a volatile currency hoping it would rise up in the coming days,  but you know it might also drop.  There is still win or lose in it,  so basically its still gambling.  The process is gambling,  not bitcoin itself.
I agree. It is the process. If you risk everything or your money to convert bitcoin that will be called gambling. Some of the people as of now do it in that way because they still hoping that bitcoin will be going to arise of what they really expected to be happen.