Trading Bitcoin Is Like Gambling in Vegas... But With Worse Odds

2019-9-9 01:55

Bitcoin bulls never discuss risk. It's wonderful to make money in a good trade, but few pay attention to the risk taken in pursuit of that winning trade. Bitcoin Is The Worst Form of Gambling Ever In regards to risk, bitcoin is nothing more than pure gambling.

Worse, bitcoin gamblers face odds that are worse […]

The post Trading Bitcoin Is Like Gambling in Vegas. . . But With Worse Odds appeared first on CCN. com

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Bitcoin (BTC) на Currencies.ru

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How a Finnish millionaire lost $35M worth of Bitcoin in a gambling scam

Is your cryptocurrency portfolio looking a little light lately? That’s nothing compared to one Finnish investor, who lost 5,500 Bitcoin ($35 million) to an investment scam this year. Bangkok Post reports that businessman Aarni Otava Saarimaa was approached by a group who sought to link him up with some hot investments: shares in a few high-profile companies and a cryptocurrency called Dragon Coin.

2018-8-13 13:05


Bitcoin investors are gambling on BTC’s value for no social benefit, says Congressman

During the recent financial services committee hearing at the U.S Congress, a Congressman named Brad Sherman suggested a ban regarding the buying and mining of cryptocurrencies by US citizens. He also strongly believes that cryptocurrencies take resources away from various other required areas and are used to facilitate criminal activities. Brad Sherman stated: “Cryptocurrencies offer […]

2018-7-20 18:28


Chinese Police Seize $1.5 Million Worth in Cryptos During FIFA Gambling Crackdown

In the city of Guangdong, the police have arrested hundreds of individuals involved in online gambling platforms that facilitated betting with $1.5 billion in cryptocurrencies including bitcoin. An operation involving 21 public security authorities has cracked down on organized football gambling during the ongoing football World Cup, resulting in the arrests of some 540 individuals […]

2018-7-13 21:05