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Topic: Is bitcoin dangerous ? - page 10. (Read 5761 times)

newbie
Activity: 76
Merit: 0
February 06, 2018, 02:40:39 AM
This question is exactly like asking if it's dangerous to take the chains off slaves.

It can be very dangerous... If you're a banker. The rest of us will do just fine. Wink
newbie
Activity: 14
Merit: 0
February 06, 2018, 12:37:29 AM
The technology itself is not dangerous, it just depends on how people are using it. Bitcoin isn't dangerous for us, bitcoin transactions are anonymous, bitcoin is decentralized so I don't see bitcoin posing a danger to us.
full member
Activity: 672
Merit: 105
February 06, 2018, 12:22:36 AM
I'm wondering why bitcoin was made if there are too many currencies in each country, why would anyone add or make a type of currency in the internet? For easier and faster transactions or so ?
The purpose created bitcoin is the answer to the shortcomings that exist in cash and credit cards. If you say for credit card crime and cash is already used for illegal activities. The advantages of bitcoin compared to credit cards are protection against the seller. Buyers can not charge back. Bitcoin will be dangerous if Bitcoin users do not really understand the system in Bitcoin itself.
sr. member
Activity: 430
Merit: 250
February 06, 2018, 12:20:59 AM
I'm wondering why bitcoin was made if there are too many currencies in each country, why would anyone add or make a type of currency in the internet? For easier and faster transactions or so ?

Until now I have not seen any danger from bitcoin, I think many people benefit from bitcoin. Before knowing bitcoin, my life is financially lacking. But right now I am grateful after being active in bitcoin ,my financial problems can be resolved, we must try to think positive then it will produce something positive for us.
member
Activity: 98
Merit: 13
February 06, 2018, 12:01:24 AM
 If you understand how to manage Bitcoin it is not dangerous. And if you sell a house, for example, to invest in bitcoin without thinking about the future risk, it may be rather risky.
member
Activity: 658
Merit: 10
February 05, 2018, 11:54:46 PM
Bitcoin is now recognized as the world's largest and most valuable currency. But bitcoin is still used to work for terrorist organizations.
Why is bitcoin so widely used in such areas? because bitcoin is anonymous. The government can not pursue the crime because of the bitcoin anonymity. So some countries around the world are forbidding bitcoin and causing the market to fall. that is too bad.
newbie
Activity: 116
Merit: 0
February 05, 2018, 11:31:09 PM
I think Bitcoin isn't dangerous but if the technology associated with it is handled carelessly it becomes so dangerous making the output a great loss.
member
Activity: 196
Merit: 10
February 05, 2018, 11:21:36 PM
Bitcoin is unsafe. Bitcoin is difficult to call currency today, because there is no clear definition of what it can buy, how and by whom it is regulated. The financial markets it has no effect. As long as bitcoin is not a freely convertible commodity or currency, it has a very limited field to use. Therefore, buying or investing in any cryptocurrency is considered impractical and highly risky investment with unlimited risk.
newbie
Activity: 47
Merit: 0
February 05, 2018, 10:54:00 PM
 I think tools is born have positive and negative. Bitcoin is no exception but the fact that it is a new revolution, it is increasingly improved and upgraded better, I believe it will be the best solution to transaction all the world
full member
Activity: 202
Merit: 102
February 05, 2018, 06:33:41 PM
sure its getting more dangerous every day
Now a days yes it is getting dangerous because one (1) of the main reason why bitcoin is getting low each day now it is because of the bad news about bitcoin by media and other government sector in selected country that they banning bitcoin because bitcoin being to illegal transaction such as drugs gambling and more is terorrism. But we all know that this kind of news is all not true they just want to destroy bitcoin because government will never have any compensate from bitcoin.
member
Activity: 168
Merit: 10
February 05, 2018, 06:09:26 PM
I'm wondering why bitcoin was made if there are too many currencies in each country, why would anyone add or make a type of currency in the internet? For easier and faster transactions or so ?
The title seems misleading to the subject you are referring to. You are talking about why Bitcoin was made if there are specific monetary units per country. You're a member and you should know that it was made as a digital currency for easier transaction (just like you said) and convenience. It is made from cryptography and it is a "decentralized" currency. Even if it seems like there is something more about how pure Bitcoin is as a decentralized currency.

Is bitcoin dangerous? Well some says Bitcoin might be dangerous because of the risk you are making when doing investments. Risky because the trade and mining you do might end up as a scam by not giving you return of investments or just by running away with your money. Dangerous.... because this currency made from cryptography was used in bad ways, manipulating people by hiding their identities.... and using the convenience of the cryptocurrency BTC to do illegal businesses and transactions online. But Bitcoin in general, is not dangerous. It is made out of good will and pure hard work.
member
Activity: 98
Merit: 10
February 05, 2018, 05:18:05 PM
 Bitcoin is not dangerous because it is very popular all over the world because of its good performance and many investors are embrace  snd invest because they knew they will become successful.
member
Activity: 207
Merit: 10
February 05, 2018, 05:08:03 PM
I can say that bitcoin is risky but not dangerous. Every business is risky. Bitcoin is not dangerous, it helps everyone who's using it, rather. But even if someone believes that bitcoin is dangerous, we can't change what he believes so  he just needs to be careful with using bitcoin.
newbie
Activity: 92
Merit: 0
February 05, 2018, 12:43:57 PM
no. bitcoin is not dangerous because we produce bitcoin not by criminal or any other way. we produce bitcoin with business with friends in one way that is using alternative coin. so we have no threat from anywhere because of the results of our own efforts.
hero member
Activity: 2590
Merit: 644
February 05, 2018, 02:35:25 AM
No, bitcoin is not dangerous to the people and in all aspects. In fact the company of bitcoin issued his coin to promote common good and make some changes in terms of currency in our market.
They help each of everyone to have a better life where they no need to work hard for it.
I think bitcoin is dangerous, its price is volatile and it is also affected by many social factors.
It is dangerous if you don't know how to get used to the volatility because if you are used to the volatility of bitcoin then there is nothing to worry about. You can also lessen being dangerous of bitcoin if you will study how to do technical analysis because that is how you can spot the best buy and sell or entry and exit point in bitcoin market.
newbie
Activity: 236
Merit: 0
February 05, 2018, 02:33:53 AM
I must be sure bitcoin is not dangerous.I think bitcoin is doind brite future there are many other people.But many time bitcoin wallet have a risky.so carefully wallet use is not dangerous.
member
Activity: 101
Merit: 12
February 05, 2018, 02:24:24 AM
No, bitcoin is not dangerous to the people and in all aspects. In fact the company of bitcoin issued his coin to promote common good and make some changes in terms of currency in our market.
They help each of everyone to have a better life where they no need to work hard for it.
I think bitcoin is dangerous, its price is volatile and it is also affected by many social factors.
newbie
Activity: 85
Merit: 0
February 05, 2018, 12:59:02 AM
yes bitcoin is dangerous when the government decide to bitcoin is illegal but the government not clear there view on cryptocurrencyies but it is not the end of game if you use for good things its safe but if you use in crime activity its dangerous.
newbie
Activity: 91
Merit: 0
February 05, 2018, 12:55:34 AM
No,,,!
Bitcoin is not dangerous at all. Yeah that's right it have some risk. If want to develop your future, you must be take risk. No risk no gain. But this not right that bitcoin is dangerous.
newbie
Activity: 68
Merit: 0
February 05, 2018, 12:50:45 AM
It will be dangerous, they do not know the use of corrosion. I think it's a good idea to see if it's good aspects ... Smiley Smiley
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