If you view Bitcoin as gambling, then you are no different than...

  1. 898 Posts.
    If you view Bitcoin as gambling, then you are no different than that mentally challenged university professor in the US who proclaimed recently that 'Australia is not a country' and lost her job. Rather than doing a 2 second Google search and compounding intellectual wisdom, you prefer to express information before a decent critique of thought has been concluded. Perhaps in the year 1991 you could be excused for this level of incompetence, given the lack of easy access to knowledgeable material through physical books in a library, but in 2018 on an Internet forum you are not.


    I bought most of my Bitcoin in 2013, and still hold it all since. Until more than 3 years ago, I must admit, I did not even know what a 'penny stock' was. I have spent in gambling in my entire lifetime $5 at a pocker machine in one instance, completely lost it, and became completely confounded as to why human beings are mentally challenged enough to expend their life savings down the toilet on 'flashing lights'. From the first time I heard of Bitcoin, it was roughly 12 months of intellectual critique (In 2012) before I made my purchase in 2013.


    On the other hand, your high time preference for information, resulting in shallow knowledge, is much more indicative of high time preference individuals. I would suggest that you take your own advice, and be cautious of high risk investments to which you have done little research in.

 
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