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Topic: Bitcoin Dangerous ? - page 26. (Read 2296 times)

member
Activity: 252
Merit: 17
February 10, 2018, 08:38:36 AM
#63
very unfortunate if bitcoins are categorized as dangerous. I know bitcoin since 2013, I do not see any danger signs. Indeed, some individuals take advantage of bitcoin fame for evil things. such as kidnapping or terrorism. it's a funny thing to associate with bitcoin. if you understand and find out the usefulness of bitcoin, it's amazing bro!
member
Activity: 133
Merit: 10
February 10, 2018, 08:37:36 AM
#62
It is dangerous because the value of 1 bitcoin is very high eventhough there are no definite value for the currency itself. The rarity of bitcoin is what makes it so valuable and by many people investing on it.

We can compare bitcoin to a gold bar the value of every gold bar is directly proportional to how much it weight because as most of us know, the gold itself is a rare item and thw supply is also few but the demand is high, it is also very versatile where it cam be used in many things and we can use gold in constructing many items in real life that can beat the quality of many items where steel was used.
But if we look at bitcoin itself it was only rare because bitcoin has only an exact number and since it is a cryptocurrency, there is no other uses for it in building many items and materials but can only be used in many transactions and that makes it valuable, imagine what if less people invested on it and less people took an interest on it? Thats why its dangerous and yet its worth the risk because of high return if you invested at the right time
member
Activity: 109
Merit: 10
February 10, 2018, 08:31:01 AM
#61
i want to ask what makes the bitcoin dangerous? to the point that many countries prohibit the use of bitcoin in their countries. I want to hear your opinion
For me bitcoin is not a dangerous kind or online job because you dont need to invest anything.it is an online that gives people a chance to have a job although some of them are lack of educatoin.it is not going to be dangerous because in other country,they have been already used bitcoin as thier currency.so dont be afraid,lets just wait what our government says for it.
sr. member
Activity: 700
Merit: 254
February 10, 2018, 08:21:22 AM
#60
i want to ask what makes the bitcoin dangerous? to the point that many countries prohibit the use of bitcoin in their countries. I want to hear your opinion

In terms of investment it is dangerous because of price volatility. Bitcoin price can either go down or up depending on market demand, making it risky for investors. If you can watch it's price carefully before investing and buy and sell at the right time, bitcoin investment is a good way to earn profit.
jr. member
Activity: 182
Merit: 2
February 10, 2018, 08:19:18 AM
#59
i want to ask what makes the bitcoin dangerous? to the point that many countries prohibit the use of bitcoin in their countries. I want to hear your opinion
using bitcoin can destroy ourselves if we misplaced the moment we buy coin the diada of the market price. It's new name bitcoin danger. even the fact that we now see growing and growing volume of users due to the more convincing and very promising.
full member
Activity: 350
Merit: 100
February 10, 2018, 08:18:37 AM
#58
i want to ask what makes the bitcoin dangerous? to the point that many countries prohibit the use of bitcoin in their countries. I want to hear your opinion
No it isnt dangerous if you are educated about it. Lots of country been using this bitcoin because it is helpful . Like when it comes to paying bills and earnings bigger money that we can used for investing and trading to grow bigger.
jr. member
Activity: 207
Merit: 2
February 10, 2018, 08:15:07 AM
#57
It is wrong to rate this bitcoin harmful, from this bitcoin we can get the knowledge and work that can get the salary for us personally. Do it well if you follow this bitcoin investment, but if you do it wrong, then you will endanger yourself. think positive and patient.
member
Activity: 252
Merit: 11
February 10, 2018, 08:12:35 AM
#56
that ought to be asked on what grounds is this sort of bitcoin all those dangers. even with the presence of these digital currency could help weaker economic community to be able to rise up on its own. and more protected from seizure people that we don't want. I disagree if bitcoin on said more danger.
member
Activity: 210
Merit: 10
February 10, 2018, 07:56:36 AM
#55
The danger of deception is always present and everywhere. This should be remembered and do not lose vigilance. a lot around people who just think how to deceive others and it's very sad
member
Activity: 742
Merit: 10
February 10, 2018, 07:48:03 AM
#54
bitcoin is not dangerous, its just the fact that people is making it dangerous!I heard that they even use it for ransom!
sr. member
Activity: 1274
Merit: 293
February 10, 2018, 07:46:38 AM
#53
i want to ask what makes the bitcoin dangerous? to the point that many countries prohibit the use of bitcoin in their countries. I want to hear your opinion
I think there are lot of possibilities about taking a risk in bitcoin and one of this is that you can be scam by other people.  I have encounter that many times and i am so dissapointed about that because you know you risk all your efforts and time and then it is scam,  what a shame..
newbie
Activity: 28
Merit: 0
February 10, 2018, 07:39:45 AM
#52
I think Bitcoin is the most such option in cryptoconcrine, it is fluctuating but there is no danger, it needs to be adopted in a better way.
newbie
Activity: 128
Merit: 0
February 10, 2018, 07:36:33 AM
#51
Bitcoin is harmless, but everything goes back to the user itself. If it is true it will definitely benefit from the results, and if wrong use it will be harmful to users as well.
newbie
Activity: 16
Merit: 0
February 10, 2018, 07:30:46 AM
#50
i want to ask what makes the bitcoin dangerous? to the point that many countries prohibit the use of bitcoin in their countries. I want to hear your opinion

There are many causes. Here are the main reasons:
- Lack of legal tools, tools to control the capital needed for virtual currency.
- Not legal enough to be treated as real currency.
- Many risks, money laundering because all transactions are anonymous.
- The future of Bitcoin is hard to predict.
newbie
Activity: 169
Merit: 0
February 10, 2018, 07:04:06 AM
#49
I think personally bitcoin is harmless, from bitcoin this is what will make us able to work independently. Whatever it is, it all depends on each of us doing it and using it. what I feel from bitcoin is I get a job and a lesson about investment world. bitcoin will only be harmful to the wrong people using it and not knowing the tech world of the future.
hero member
Activity: 1470
Merit: 655
February 10, 2018, 07:00:35 AM
#48
i want to ask what makes the bitcoin dangerous? to the point that many countries prohibit the use of bitcoin in their countries. I want to hear your opinion

bitcoin is not dangerous. in fact nothing about it is dangerous and whoever told you that was an idiot.
what bitcoin is however, is that it is a risky investment. which means as you could possibly tell already the price goes up and down a lot and sometimes these swings are big and somewhat unpredictable. so when you treat it as an investment you should be extra careful.

but if you bought some bitcoin to use as a currency, for example to pay for something like a VPN subscription for instance, then you don't even have to care about volatility and investment risk.
newbie
Activity: 58
Merit: 0
February 10, 2018, 06:59:36 AM
#47
I think it depende on how you deal with it.
member
Activity: 266
Merit: 10
February 10, 2018, 06:53:07 AM
#46
it will depend on how we know the bitcoin is., some of the bankers or owner of the bank is really threaten because they cannot collect any taxes in bitcoin government is also affected about the no tax fees.
legendary
Activity: 3388
Merit: 1205
February 10, 2018, 06:43:42 AM
#45
I wouldn't use the word "dangerous" because we all know that bitcoin is not dangerous it risky. If you are in bitcoin only to search a way to become more rich , then you are in the wrong place mate. Bitcoin is all about technology and the real price of bitcoin should be around 1k right now.
newbie
Activity: 327
Merit: 0
February 10, 2018, 06:41:05 AM
#44
It's depends on uses which way people used and some of scammer are responsible for this. But bitcoin isn't dangerous.
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