Is bitcoin dangerous ? - page 23. | Bitcointalksearch.org

rudyrista123

newbie

Activity: 182

Merit: 0

Quote from: tonysitaly on December 12, 2017, 08:44:42 AM

Bitcoin is not dangerous. I think it needs a bit of time for governments. Perhaps in the near future, most countries will accept bitcoin payment. Bitcoin can improve the efficiency of payment, it is not inflationary, it is lower than the banking industry.

True, the System has ensured that the maximum bitcoin in the world is 21 Million BTC so there will be no inflation. But in my country can not be used as a transaction tool. Bitcoin transactions are usually done by both parties who collect Bitcoin. It's just that Bitcoin does not enter into a valid transaction tool set by BI. whether in your country can?

Ajinomoto40

full member

Activity: 338

Merit: 100

Buy, sell and store real cryptocurrencies

Quote from: akiraminai on December 12, 2017, 08:25:15 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 ?

I don't think the word dangerous fits in because bitcon is only risky. We all know that bitcoin is decentralized and they always make sure that our profiles are well secured. In my country, the use of bitcoin is not limited or being disapproved. It just happened that many people are using it sometimes for some illegal transaction that's why its name is being made bad.

megynacuna

sr. member

Activity: 756

Merit: 253

Quote from: Aeronrivas on January 22, 2018, 06:06:00 PM

No bitcoin is not dangerous and yes, when we don’t know exactly what bitcoin really is we heard that the bitcoin is dangerous but in reality it’s not it just becomes dangerous because of the people who use bitcoin to scam and to be dishonest to the bitcoin user but bitcoin is very helpful and it can give you a profit if you invest your money or you work for a bitcoin just keep holding it

It's funny to read some comments in this thread, how can bitcoin be dangerous in the first place? If you don't believe in the project, just don't invest into it period because you will need to risk something for something here and that's part of our world. Bitcoin investment just like any other could either appreciate or depreciate depending on the market dynamics and so it makes no sense to me if someone thinks its dangerous , because it wasn't designed to remain stable forever.

Aeronrivas

member

Activity: 111

Merit: 100

No bitcoin is not dangerous and yes, when we don’t know exactly what bitcoin really is we heard that the bitcoin is dangerous but in reality it’s not it just becomes dangerous because of the people who use bitcoin to scam and to be dishonest to the bitcoin user but bitcoin is very helpful and it can give you a profit if you invest your money or you work for a bitcoin just keep holding it

Blockfolioz

member

Activity: 230

Merit: 10

Governments fear that it is not good for their economy, just because it is decentralized. In reality bitcoin generates inflow of economy which is good for the growth of the country's combined economic growth. When countries five importance similar to hat Japan has provided we'll understand how good is bitcoin.

ranz_18

member

Activity: 112

Merit: 13

Quote from: t4zm4ni4z on January 22, 2018, 05:48:03 PM

Many people think that bitcoin is dangerous. For me no, Bitcoin is made for open-minded people with crypto currency and now bitcoin as one of the most reliable and profitable investments you can make in your lifetime. Maybe it can be dangerous to you if you act carelessly in any market transaction or trading you do and you are responsible for it all.

well said, I agree with you. Bitcoin is just for people who can understand its working principle. It is proven a very profitable investment if you have the knowledge and skills.

t4zm4ni4z

newbie

Activity: 14

Merit: 0

Many people think that bitcoin is dangerous. For me no, Bitcoin is made for open-minded people with crypto currency and now bitcoin as one of the most reliable and profitable investments you can make in your lifetime. Maybe it can be dangerous to you if you act carelessly in any market transaction or trading you do and you are responsible for it all.

wilburwilbur

member

Activity: 266

Merit: 33

Quote from: akiraminai on December 12, 2017, 08:25:15 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 ?

bitcoin will only be dangerous to noobs or ignorant who didnt do their research first before investing , in any act learn to know first your path before walking in
Satoshi Nakamoto didnt give any reason why did he made bitcoin
but btc greatly increased people's fortune
btc is decentralized and you can't hold it unless you cash it out so it's much efficient =)

droptableguy2

member

Activity: 434

Merit: 10

Bitcoins for those who do not know about it and the cryptocurrency market, it is very dangerous for them. Newspapers often bring bad news about bitcoin and so for the community, bitcoin in particular and the cryptocurrency market is something very bad. I have received a very harsh reaction from my family knowing that I invested in bitcoin because they think this is very dangerous for my property. Those who know and invest in bitcoin and the crypto market will be the most successful people in the world.

olatslodi

member

Activity: 196

Merit: 10

Since Bitcoin is a decentralized currency. No one can control its circulation on the network. But for me, I will still stand that bitcoin is not dangerous because of its decentralized feature and others. It was actually a very nice idea to have cryptocurrency, because life will be easier to sustain through working online. And now bitcoin can be used as payment in online stores.

Crafts12

full member

Activity: 405

Merit: 105

Quote from: delitte on December 12, 2017, 09:04:36 AM

That was on my mind too, I had so many questions and doubts as well. It' s like bitcoin was courting me but it took many months til I decided to give my Yes. Dangerous, maybe not. Bitcoin is even safer than banks since we are all anonymous here.

Yes its really not easy to convince to use bitcoin at first because we didnt have enough knowledge about it. Bitcoin was not dangerous because honestly speaking it helps people to become rich and to earn money. It was just dangerous if you are not going to take care of your account wallet on it.

Nana99

newbie

Activity: 126

Merit: 0

I think that only invest in btc what you can afford to lose. Definitely people are making really good profits out of btc mining.
it's more about your lack

doctorbilly64

newbie

Activity: 78

Merit: 0

Quote from: delitte on December 12, 2017, 09:04:36 AM

That was on my mind too, I had so many questions and doubts as well. It' s like bitcoin was courting me but it took many months til I decided to give my Yes. Dangerous, maybe not. Bitcoin is even safer than banks since we are all anonymous here.

Due to the needs of every person who feels about Bitcoin, I think Bitcoin has both of them because Bitcoin is dangerous when it comes to the hands of bad guys, they can steal Bitcoins or passwords and install them in part. Malicious software, many countries now prohibit Bitcoin because it is limited in security but many people still choose Bitcoin

Lady Coquet

sr. member

Activity: 454

Merit: 251

No because bitcoin is just merely a money. When bitcoin became dangerous then a real money would be dangerous also, since bitcoin functions as a money. The thing that is dangerous is the people who uses it improperly, the people who uses to buy things illegaly, and some stuffs that is illegal.

Lorin

full member

Activity: 518

Merit: 100

Why some keep on telling that Bitcoin is dangerous.bitcoin is safe depends on how you use it and many people already use it for their living,it helps a lot for their everyday needs and also for their saving.One of the good features of Bitcoin why it is safe is being decentralized.

kunsh

member

Activity: 145

Merit: 16

Depend when you bought it and how much you have it. If you...

Maxson

newbie

Activity: 294

Merit: 0

No,it is not dangerous,no central bank and even made payments are anonymous.

Gameroid

hero member

Activity: 798

Merit: 501

Quote from: starmahafuza on January 22, 2018, 03:15:53 PM

i think it is not dangerous as it is becoming popular day by day and it has a huge market value.

My personal view is that bitcoin is not dangerous as it is providing a very broad platform where you have so many opportunities of learning bitcoins for example if a person don’t know about bitcoins then participation in bitcoins campaigns you can read the precious views of well learned investors and traders after that you will be able to enter in the real world of digital currencies.

ArnoldChippy

hero member

Activity: 700

Merit: 500

Quote from: siddu67 on January 22, 2018, 03:59:29 PM

From my experience I think bitcoin is not dangerous.Many people have already completed so many big deals through bitcoin.So if we see that countless people have got their payments,then we can say that bitcoin is totally safe and there is no danger in bitcoin.

But i think that bitcoin will be very much dangerous for those people who are not aware of the ways of earnings further more if they don’t know the reasons for pumping and dumping the prices of bitcoins then deficiently lose their precious money which is very much dangerous for a poor person so bitcoin is not dangerous for those people who understand and the use of bitcoins in a better way and it is a fact that a numerous of people are getting their daily income from all the forums like signature campaigns ,trading and mining etc

bitllionaire

legendary

Activity: 1120

Merit: 1000

Quote from: siddu67 on January 22, 2018, 03:59:29 PM

From my experience I think bitcoin is not dangerous.Many people have already completed so many big deals through bitcoin.So if we see that countless people have got their payments,then we can say that bitcoin is totally safe and there is no danger in bitcoin.

yes that is right bitcoin is not only secure but it is a best source of income for all categories of people like male ,female ,poor ,rich, old aged and young people of the whole world further more it is an easy way of earning regular and extra income for the daily needs like payment of school fees or utility bills of electricity ,gas and water charges so bitcoin is not dangerous.

Topic: Is bitcoin dangerous ? - page 23. (Read 5761 times)