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Topic: Is bitcoin dangerous ? - page 21. (Read 5761 times)

newbie
Activity: 56
Merit: 0
January 23, 2018, 03:18:09 PM
I still believe that Bitcoin isn't dangerous, despite some flaws in the original implementation that are coming to light, which make it less than ideal for use as a general purpose currency.
I think Bitcoin is a great idea as it shakes some of our certainties on what money really is. Bitcoin is a disruptive technology in the area of economics. The first real innovation to have come around for quite some time. Smiley
newbie
Activity: 48
Merit: 0
January 23, 2018, 02:32:42 PM
With the existence of bitcoin is sure to have a positive impact for many people Because we can search for an online job here.Besides, it can also be reliable as a means of fast and reliable transactions when there is a sudden need.
member
Activity: 110
Merit: 10
January 23, 2018, 02:27:06 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 ?
I think you answer it already its a universal currency.
So yeah fast is one of the very important feature.
I think in future we will leave cash behind and only use bitcoin as currency around the world.
member
Activity: 364
Merit: 11
January 23, 2018, 02:23:45 PM
In my own opinion, bitcoin is not dangerous. Be mindful when to invest and when no to invest. If you wanna be on the safe side you must resaerch more about it. Perhaps, ask some bitcoin enthusiasts.
member
Activity: 155
Merit: 10
January 23, 2018, 01:48:57 PM
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
member
Activity: 546
Merit: 10
💲 EMIREX EXCHANGE 💲
January 23, 2018, 01:33:45 PM
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
full member
Activity: 518
Merit: 115
January 23, 2018, 01:30:51 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 ?

"For easier and faster transactions" are some of the few benefits of bitcoin or cryptocurrency in general. It is dangerous because shady people can use  them for their illegal transactions like for illegal drug trades, prostitution, illegal gambling and such. They can use this method of payment because of bitcoin's anonymity. It can also be use for money laundering.
newbie
Activity: 154
Merit: 0
January 23, 2018, 01:25:32 PM
I don't know what to answer on this question. When currency become popular and strong(  i mean price) it becomes dangerous but we should understand that not many people using bitcoin in bad ways.
full member
Activity: 308
Merit: 100
January 23, 2018, 01:22:45 PM
I don't think so , I think it's the future of the world. May be there is a chance to crypto currencies become a world wide accepted currency. Because all the countries have different types and different valued currencies. So there is a chance to co-ordinate in to one currency, if it happens then most probability is for these crypto currency.
member
Activity: 308
Merit: 10
January 23, 2018, 01:21:55 PM
I think it's dangerous only if you don't know how to manage it. It's important to be informed and to go on with it
newbie
Activity: 2
Merit: 0
January 23, 2018, 12:57:28 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 ?
Not really bitcoin just like any other investment requires due diligence.
sr. member
Activity: 699
Merit: 438
January 23, 2018, 12:55:26 PM
In my own opinion, bitcoin is not dangerous. Yiu just have to learn how to deal with it. Basic knowledge about bitcoins is perfectly fine to start a career. And make sure you have security codes!
newbie
Activity: 126
Merit: 0
January 23, 2018, 12:38:49 AM
It can be dangerous for people who has lack knowledge about what bitcoin is?.Due to increasing demands of bitcoins for different  countries we should learn to handle and hold our bitcoins properly.
newbie
Activity: 111
Merit: 0
January 23, 2018, 12:16:04 AM
If you have complete knowledge of crypto surrency/ bitcoin how it will work then it is harmless.It will become dangerous when you don't know much about bitcoin.
sr. member
Activity: 588
Merit: 251
January 23, 2018, 12:13:05 AM
According to me bitcoin harmless, as long as we wise man in using bitcoin and conscientious, because a threat to bitcoin I know maybe bigger than the hackers that can be anytime steal bitcoin we
member
Activity: 108
Merit: 10
January 23, 2018, 12:12:42 AM
Bitcoin now is not safe for investors, price is not maintain for a long time, in some days, price is high and investors happy, but one week come , price is lower , decrease 4k usd .I thinks for today, invest ETh is good than bitcoin. And transaction is faster, not same bitcoin, must waiting some days.to confirm.
In sort, bitcoin is in dangerous .
newbie
Activity: 11
Merit: 0
January 23, 2018, 12:07:18 AM
I think, it's not dangerous if we protect our account...
jr. member
Activity: 182
Merit: 2
dApps Development Automation Platform
January 22, 2018, 11:58:37 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 ?
Bitcoin is not dangerous. The reasons why bitcoin exist in the digital world is to support the needs of currency just for online transactions. It is easier to use bitcoin than sending money over the internet. Also, it is better to use bitcoin than credit cards that may be hacked. Bitcoin is a good thing because it is decentralized, and no one controls it and no one can add up supply into it.
full member
Activity: 966
Merit: 104
January 22, 2018, 11:56:20 PM
Bitcoin as a crypto currency is very different from the usual currencies of different countries, because it is decentralized, independent of any state or international body, its transactions are conducted without the participation of third parties and without control on their part, the bitcoin holder can transfer his money at any time of the day anywhere in the world, it is generally anonymous. All these advantages make the Crypto currency revolutionary.
      At the same time investing in bitcoin involves a certain amount of risk, since it has the property of a financial bubble and in the later stages, if it soars very high, it can drastically depreciate.
member
Activity: 252
Merit: 12
January 22, 2018, 10:35:34 PM
Depends on how you underatsnd bitcoin but for me nithing is dangerous on bitcoin, its decentralized almost all altcoins can be tradable on bitcoin even our local currencies... It also gives financial freedom no tax to deal.. If there is one thing dangerous in bitcoin is that being hacked easily by expert hacker so be smart enough how to keep your funds online.  

Yes, you are correct on this. Read more about Bitcoin so that you are not afraid on it. Dangerous word is not for bitcoin. Bitcoiner's have open-minded, who read information about the process and business of bitcoin. Being decentralized transaction, its creator gave his best to be more secure our transactions.
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