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Topic: Is bitcoin dangerous ? - page 12. (Read 5774 times)

full member
Activity: 350
Merit: 110
January 31, 2018, 12:26:08 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 ?
So that we can be freed from the manipulative and controlling government and banks which always puts a tax and interfere with our online transactions. Bitcoin was made to be decentralized by Satoshi, so that we will get out of the financial enslavement and be free on our own. Also, this type of currencies can be used by all levels of people in the world, aside from the faster and easier transaction you've been saying.
newbie
Activity: 28
Merit: 1
January 31, 2018, 12:21:35 PM
The only reason it could be dangerous is if it suffers a total fall in its value and that is almost impossible, the important thing is to wait for it to stabilize. In what if you must be careful is in brokers agents, they can cheat and take your money without giving you anything in return.
full member
Activity: 294
Merit: 101
January 31, 2018, 11:46:31 AM
as technological developments scientists also race to do research that can change the world, like bitcoin, it is true in every country has very much currency in circulation, but bitcoin also has a positive side, just imagine if you do transactions with people who different countries with you, bitcoin also be one good alternative without going through a bank that requires a lot of time and conditions. but bitcoin can also be harmful if using it does not use a good procedure
newbie
Activity: 51
Merit: 0
January 31, 2018, 11:37:36 AM
precisely because bitcoin is received by many people so all the currencies recognize the value of bitcoin. bitcoin is very safe If we hold in exchanger exchangers that have a legal entity so that our assets can be safe. If we do in desktop or flasdiks then it is very safe because only we can access our bitcoin.
member
Activity: 167
Merit: 10
January 31, 2018, 11:11:29 AM
bitcoin is made to balance all existing currencies. during this time many of the currency is not balanced. and bitcoin is able to balance all that. bitcoin is not harmful. because everyone knows, if dangerous then, no one will play bitcoin.
member
Activity: 378
Merit: 13
January 31, 2018, 10:52:05 AM
i don't think if btc dangerous because is uncontrolled by countries, secondly bitcoin payment is anonymous, and bitcoin is decentralized.. bitcoin is not issued by anyone or individuals nobody, you have control and make decisions
so with all this features makes it different compled physical currencies.   
sr. member
Activity: 448
Merit: 250
January 31, 2018, 10:35:35 AM
NOPE, Bitcoin is not a dangerous but bitcoin is a money and if you can work legally with bitcoin then you can earn huge money while if you are asking about working with bitcoin then indeed working like trading and investing with bitcoin is a high risk because price of bitcoin is very high and volatile and you can face huge loss if you can't play with technique.
sr. member
Activity: 588
Merit: 251
January 31, 2018, 10:31:56 AM
According to me bitcoin not was dangerous, but bitcoin indeed have risk, all back to the user like where they use bitcoin, because each something has the risk of each including bitcoin
jr. member
Activity: 45
Merit: 2
January 31, 2018, 10:24:33 AM
For me, bitcoin alone is not dangerous. The dangers come in when its users abuse it and use it for illegal things. Bitcoin is decentralized, bitcoin transactions are anonymous and makes it possible to transact across borders. Considering these things, primarily, these are advantages. These gives people freedom. But just because bitcoin provides freedom doesn't mean one has the right to do unjust things. Freedom allows us to be wrong, not to do wrong. There is a difference there. Abuse is what makes something dangerous. Maybe that is the reason why other people are afraid of bitcoin— because they get the wrong impression. We have to stop the stigma and prove them that bitcoin is beneficial rather than dangerous.  
legendary
Activity: 1274
Merit: 1004
January 30, 2018, 03:05:01 PM
It's not only about making the transaction faster but making the money system much more logical and easier for common people. People have been becoming a Slave for banks and governments for a long time and now finally we have the Bitcoin which allows us to spend and earn money on the internet freely. It provides the freedom which everyone should get. If you are like a gambler and put all of your money into one single bet in Bitcoin yes you are the most stupid person in the world you have to play it smart there is a lot of risks you have to minimize the chances of getting one. And if you get one you will have to tackle it.
newbie
Activity: 22
Merit: 0
January 30, 2018, 02:54:13 PM

It depends on you.  Roll Eyes  But most people who are knowledgeable of the process of bitcoin find it not dangerous  Cool because the transaction here is transparent.if you have a bitcoin account and you don’t take extra precautions on your accounts security then you are in danger  Wink
sr. member
Activity: 462
Merit: 252
January 30, 2018, 02:44:47 PM
bitcoin is not dangerous , the main concern that people in authority  have is that they cannot control or decide who makes how much money or the fact that they and their banks might soon become common place and also that people will now realize that puting all there money in a bank to sit in an account is simply a waste of time when they could invest it in crypto currencies and make crazy profits literally over night . It simple any form of investment simply requires comprehensive due diligence and and understanding of what your doing and you will be absolutely fine 
newbie
Activity: 84
Merit: 0
January 30, 2018, 02:29:59 PM
Why bitcoin threat? Dangerous in our lives everything to do with big money invested unless you mean losing in the project lost money, not right and could not sell the crypt lost money! Friends if true mind to any ideas, to think, to weigh what anyone can fuck profit!!!
full member
Activity: 406
Merit: 100
January 30, 2018, 02:21:06 PM
Bitcoin is not dangerous at all! I think it will be great to have a common currency in any country you would go. Bitcoin is the future, we will understand the whole process better in few years
member
Activity: 118
Merit: 10
January 30, 2018, 02:17:21 PM
In my view about bitcoin, it is very dangerous for newbies to join the bitcoin and follow the trend. Bitcoin is actually more of a danger than a piece of cake for everyone.
member
Activity: 154
Merit: 12
January 30, 2018, 02:04:03 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 ?
BTC are dangerous to those nations that can't rival it that is the reason there are nations that very restricted it yet for me I don't perceive any issues with BTC whatsoever it is really a decent open door for everybody on the grounds that the market isn't constrained it is available from everywhere throughout the world insofar as there is no boycott forced.
newbie
Activity: 31
Merit: 0
January 29, 2018, 01:28:32 PM
No I think it is not dangerous. It is safe and secure. It provides opportunity to many peoples to make money. You can do easy transactions to anyone and it is safe, only you can access your account nobody else. It is dangerous for those people who don't have proper knowledge about it.
member
Activity: 238
Merit: 10
Hello World!
January 29, 2018, 12:41:30 PM
Btc is not dangerous in fact it's really safe when making transactions and anyone can access it prvately. I believe it is the future of currencies and it gives us financial freedom where we do not need to pay for taxes and such anymore. It is anonymous yet can be used everyday as long as you have the capability to access it. It is private since only you can access your account, rather than in the banks. The people who have deep knowledge on btc are the dangerous ones since they can use it for their personal purpose, whatever they want even if it's good or bad, as long as it will benefit them, then they will.
newbie
Activity: 21
Merit: 0
January 29, 2018, 06:31:00 AM
i think no.. bitcoin is not dangerous.. how we can say it is dangerous?.. it a mony .. it is a business ..
member
Activity: 266
Merit: 10
January 29, 2018, 06:25:32 AM
Actually what i think is it mostly depends on how investers and traders handle their  btc accounts because if they are not using good security options on their accounts, it will be dangerous. We can use 2FA which is considered as higher secured option protectin our accounts. For the newbies it would be more dangerous because they do not have much knowledge on that field. And for the experienced investers also it would be dangerous if they are taking decisions in haphazard manner investing in to btc.
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