Topic: Is bitcoin dangerous ? - page 18. (Read 5761 times)
It is dangerous if u used it in bad things..if u used it properly..maybe not danger
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 ?
bitcoin is not dangerous at all, it will only be dangerous if you allowed a strangers to get your bitcoin and use it to the crime activities. bitcoin was good in economic for me, because it can make the transaction fast and less hassle. unlike the money in the negotiation the transaction is quite slow the only advantages and you might take a risk is in the currency. the currency is not stable unlike the cash. because it is only in the online
If the bitcoin is dangerous, why many people are still exist to join and operate bitcoin system every time. Much less, year by year people who have joined it more and more, so it's proof that it's not dangerous.Bitcoin is the future of currency, as we go digital, we need a currency that can cope to the needs of our society, and bitcoin will definitely play a role in that future. Surely, there are uncertainty regarding security and storage of this coins, but I believe that will improve a we perfect the system.
It is undeniable that the Bitcoin digital currency has achieved great success in terms of financial investment. This is a currency not under the control of any central bank and many are willing to invest in the currency on the Internet. Bitcoin offers many different benefits to investors but also has potential risks.
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Currency is not stable
Because Bitcoin is not under the control of central banks, investors may face tremendous volatility. Bitcoin virtual currency can be a significant risk to your entire investment. Indeed, we can not accurately estimate the price of Bitcoin copper from year to year. With this type of money online, investors can earn or lose half their capital within hours.
Cybercrime
Bitcoin's virtualization can be seen as a threat to investors. From the time the investment is finalized with virtual numbers, it can become a lucrative predator for cybercriminals. For example, the big Japanese Bitcoin market MtGox has been hacked and the company lost a huge amount of money.
Limited in use
There are very few commercial sites that accept Bitcoin virtual currency. At any time, investors can use Bitcoin online, especially playing virtual games like poker. However, if buying a car, real estate or clothing, Bitcoin is rarely accepted by sellers.
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Because Bitcoin is not under the control of central banks, investors may face tremendous volatility. Bitcoin virtual currency can be a significant risk to your entire investment. Indeed, we can not accurately estimate the price of Bitcoin copper from year to year. With this type of money online, investors can earn or lose half their capital within hours.
Cybercrime
Bitcoin's virtualization can be seen as a threat to investors. From the time the investment is finalized with virtual numbers, it can become a lucrative predator for cybercriminals. For example, the big Japanese Bitcoin market MtGox has been hacked and the company lost a huge amount of money.
Limited in use
There are very few commercial sites that accept Bitcoin virtual currency. At any time, investors can use Bitcoin online, especially playing virtual games like poker. However, if buying a car, real estate or clothing, Bitcoin is rarely accepted by sellers.
BTCBTCBTC
As long as the investment will be dangerous, Bitcoin is no exception, want to profit from, we must assume the danger it brings. After all, it is a virtual currency, a lot of uncertainty.
No, of course not. Though it depends on the way of using it. Bitcoin is not not dangerous at all.
I think it's dangerous to invest in bitcoin.
As an investment, bitcoin prices are volatile.
As an investment, bitcoin prices are volatile.
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 ?
Internet is full of scam, there are some that are legitimate at first but after you send payment for let say a supplement for brain memory enhancement, you are not only risking your identity, you are at risk to lose funds as well. Improving your browser security is great, but you are still not secure from other attacks stealing your identity. Bitcoin anonymity is a one way to protect you from these attacks and now after the bug is noticed and fixed transaction speed now and its cost is getting more okay compared last year and earlier this January.
Bitcoin will go to its orbit soon because this is the future!
Dont think so. Yes,no price is low and what be in the future,we dont know. But I think we must wait a new wave of this crypt
Bitcoin is different from the current currency on every country. It may be dangerous in some aspects like in the black market, you can see there a lot of illegal stuff that allowed bitcoin as a payment. Also, if you have a lot of bitcoin, you are prone to hackers. Hackers can easily steal your information and get your savings in bitcoin. We have our own perceptions but the thing is bitcoin is made to be used by everyone and expect anything worse. Bitcoin is just a crypycurrency which means it is not capable of doing any danger to anyone. Maybe the ways or the investments here are considered dangerous. It is somehow risky but if you would be smart and careful, you will not encounter any trouble and will surely benefit on it. The most risky way of getting bitcoin is through gambling and you should not try it if you are not well prepared. all will be dangerous if you are wrong to use it, it depends on each user respectively. if you use bitcoin with a good purpose and earn income with good rules then you will get your future with bitcoin. if you use bitcoin as an online gambling then you become the worst because gambling is dangerous and addictive.
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 ?
Well some close-minded people said that bitcoin is dangerous and it will just scam individuals but I prove to someone who is in-line with that kind of perspective that bitcoin is not dangerous but it is actually beneficial because ig is easy to invest, easy to transfer, allowed by some government.
I think bitcoin is unstable.
Some countries now recognize its legitimacy.
My country bans bitcoin transactions, calling it a hoax.
So we invest in bitcoins and we need to think about it.
Some countries now recognize its legitimacy.
My country bans bitcoin transactions, calling it a hoax.
So we invest in bitcoins and we need to think about it.
Bitcoin is a currency, that can be compared to fiat money. And it's not Bitcoin or money that are dangerous, but they can make people do dangerous things like robbing. Bitcoin has increased in price and today's prices can drive some people crazy. They could spend all their money on bitcoins. If they do this with the current high price, it's a huge risk to lose a lot of money. Bitcoin is not dangerous, it can make you do dangerous things.
storngly agree with you. How can a bitcoin be dangerous ? I would agree if it is risky because of volatility. I am here in bitcoin world because I am earning . I can't see any harm in bitcoin but rather I can see that people earning in here in which it can help them financially. maybe people who are using bitcoin to scam other people are dangereous but butcoin itself is an opportunity to earn.
Bitcoin itself is not dangerous, but the people who use it can be dangerous.
I do not think bitcoin can be dangerous. Bitcoin is a relatively new asset class. Investing is risky, investment cautious, and do not put all your assets on one investment.
Well, besides the fact that bitcoin allows you to make quick and secure transactions on the Internet, it is offered as an alternative to other currencies, including Bumagin money. And I think this is a good alternative
That alone pissed off governments enough for them to label BITCOIN and other cryptocurrency dangerous IMO 
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 ?
Bitcoin is just a crypycurrency which means it is not capable of doing any danger to anyone. Maybe the ways or the investments here are considered dangerous. It is somehow risky but if you would be smart and careful, you will not encounter any trouble and will surely benefit on it. The most risky way of getting bitcoin is through gambling and you should not try it if you are not well prepared. 
bitcoin is very dangerous because its bubble is very unusual and happens suddenly, coupled with some beginners who can not manage their bitcoin assets. we as part of the investor should be able to manage it though the risk in cryptocurrency is quite high
Ehh it depends really IMO since like BITCOIN isn’t really at the crazy bubbled up 19,500$ price point anymore 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 ?
Well some close-minded people said that bitcoin is dangerous and it will just scam individuals but I prove to someone who is in-line with that kind of perspective that bitcoin is not dangerous but it is actually beneficial because ig is easy to invest, easy to transfer, allowed by some government. Jump to: