Topic: Is bitcoin dangerous ? - page 16. (Read 5761 times)
If bitcoin is dangerous, why is it still there? That means bitcoin is not dangerous but high risk investment, because people who like to invest their money in the form of cryptcurrency, they are ready with the risk that will be obtained when the price of bitcoin is down.
Bitcoin is only risky and not dangerous because if you will put the term dangerous in bitcoin it is more like life threatening and i think that it is more appropriate to just say that bitcoin is risky and because of that risk that involved in the market, it is advisable to put a lot of money or else you will be sorry once the market dumps and have bearish market.
I don't think so.
I think bitcoin is safe.
It's anonymous. We can hold it very well.
I think bitcoin is safe.
It's anonymous. We can hold it very well.
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 ?
In my opinion, there are some risks besides profits. Bitcoin does not have any agencies or organizations that handle this type of money, which also raises a lot of risk. In some cases, they are used for illegal transactions such as drug trafficking or paying for hackers in ransomware attacks such as the WannaCry May 5, 1974.
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 ?
Certainly bitcoin is dangerous. It is dangerous for governments and banks.A large number of government officials and oligarchs live consuming money earned by other people's labor. A crypto economy will remove this layer. Lowering costs will free up capital for the development of our planet. P2P payments will destroy the banking system.
Bitcoin can be dangerous it what way this can be use in different illegal activities such as buying armory if you are aware in the dark net and TOR you can see that the only accepted currency to make trades of goods in the underground is in bitcoins because it offers anonymity in some ways if you think of that a criminal buys a drug and weapon in the underground site using bitcoin and it can be traced it will be far more dangerous.but if we talk in everyday living bitcoin is not a threat or harm to everyone because it also offers financial freedom and access to everyone. Makes fast transfers of money and gives a maximized profits to investors and traders.
I don't think so
bitcoin is very safe but those investment sites are not safe so before you invest to any sites make your own research first
it depends on the user. If a person makes a mistake using bitcoin it will be dangerous. Especially with the scammer that makes the hype site you can earn on the first one and sooner you will not be aware that your capital is no longer growing or gone in that investment. Gambling online can be considered dangerous because there are so many addicts here that sometimes cause stealth and bitcoin gain and money.so be careful about the need for this kind of field.
The point is the user. User is the main reason why bitcoin can be dangerous and bitcoin can be profitable.
In my opinion, bitcoin can be dangerous if the users dont know what to do and it can lead them.to get loss or maybe scam.
So always learning before do anything in bitcoin.
It is dangerous only those who don't know about crytocurrency. May be it will be dangerous for all. Because the value getting vary for every day.
I can say as bitcoin follower that There are some pros and cons. Bitcoin can be used to gain an income and bitcoin used to some transactions and make life easier. Also, There are darken area which can be done using bitcoin such as scam, gambling, also gun dealing. Considering pros and cons we can say some time bitcoin is dangerous some time is not.
I am concerned about the media's writings and the spokespersons of some business figures. They have bad reviews about bitcoin. Bitcoin is being upgraded and lightning networks reduce the charge and speed up billing. I think the current bitcoin is still a good paying tool.
Bitcoin is not release by any government. it is the decentralized crypto currency. No body have control on it. This is a very different type of Currency.
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 ?
Because this is the future! Who would want a type of currency that is easily lost and will get wet when you carry around? But digital currency needs internet though.
Future of digital currency. Its future of new technology in financial.
But dont ever think that bitcoin can change the fiat money because fiat money is more than important. It never be replaced by anything else.
It is not dangerous but it can be, some will take advantage of the anonymity of btc like transactions for terrorist groups, they can buy illegal rifles and ammunations thru btc transactions and spread it from one place to another. But lets not forget the benefits btc also offers.
for the hazard and the absence of bitcoin depends on individual individual, if used only for exchange or trade and not to gamble in my opinion harmless bitcoin
I think addiction ofcourse maybe but bitcoin is dangerous is not because bitcoin is a digital transaction its help to get a profit who these bitcoin any country try to legalized the bitcoin so bitcoin is not danger its up to you if you don't have too.
# bitcoin payment is anoymous
# bitcoin is decentralized
# bitcoin is not issued by any
# nobody can increase total supply of
This all feature make it different than other currencies that exist and more attractive too. It gives financial freedom..
# bitcoin is decentralized
# bitcoin is not issued by any
# nobody can increase total supply of
This all feature make it different than other currencies that exist and more attractive too. It gives financial freedom..
agree with you sir, everything you convey already represents what bitcoin is. regulation in some countries that prohibit bitcoin trading more into politicization of bitcoin. they know the benefits with the technology offered and generate high value. Perhaps "danger" is a matter of legality, the use of bitcoin for crimes such as terrorism, money laundering, or other crime-related matters. That's one of the causes of bitcoin banned in some countries.
Bitcoin isn't dangerous but countries are afraid from it because they can't control transactions may be used by terrorists and dangerous gangs but those are out of control before founding bitcoin.
But the others using bitcoin for good things and developping it's a nice, easy and secure method of transactions.
But the others using bitcoin for good things and developping it's a nice, easy and secure method of transactions.
Yeah it really is dangerous.. dangerously addicting for some. We like how volatile Bitcoin is and aiming to buy or invest enough bitcoin when it really falls down to a very low value to be stored until it reaches a high enough value again to be sold. It can be really dangerous to your health, lacking enough sleep and a good appetite for you to keep going. The transaction, trading and but and sell makes it its advantages and not its opposite.
Jump to: