Topic: Is bitcoin dangerous ? - page 42. (Read 5761 times)
Dangerous in the sense that its market price is very volatile where price can go down like crazy but on the better side of it, bitcoin can give you big profit when its market price rises drastically too and in fact bitcoin is known to be the biggest wealth distribution today.
internet is the future,Bitcoin is a cryptocurrency，Its security need not be questioned.
Everything in this world is dangerous but it all depends on individuals on how they handle the danger. It is like if you have a bitcoin account and you don’t take extra precautions on your accounts security then you are in danger. If you will invest all your money in bitcoin and nothing will left if it will disappear so literally you are in danger. We cannot trust no one in this world right now, we all know that world is unfair. All we need is to take an extra care in everything we do so we will not be 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 made to rhe effort of educating people about the evolution of money through digital currency. Yes bitcoin is dangerous because of its risk and volatility in your investment, maybe in the future digital currency will prevail but not for now.
How can bitcoin be dangerous? I think it wont be any harm to you if you use bitcoins. Its safer to use by the way, its decentralized and anonymous, and it provides better security than any fiat money out there. The things that only makes harm to you would be the way you spend your money, so spend wisely!
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.
dangerous only for people who do not know about crytocurrency but still impose an investment because it will suffer a lot of losses if he carelessly without knowing the risks that will happen.
Some people say that bitcoin is very dangerous. But I say that, Bitcoin is no dangerous. Those man say bitcoin is dangerous that is his belief system. He settled his mind this. But its rong. Bitcoin no any harm so bitcoon no dangerous.
If for bitcoin, I think bitcoin is destined to appear, but if for other coins like ETH, ALTCOIN and so on, this is a project, to follow the popularity of bitcoin.
There isn’t enough of an ecosystem surrounding bitcoins to allow fundamental analysts to study it as an investment. People are therefore investing with imperfect information and joining the herd of speculators. Since these cryptocurrency prices are not regulated, as more people enter the market lured by the high prices, the prices climb ever higher. This might lead to formation of a bubble that will eventually burst and cause widespread losses.
Bitcoin enables certain uses that are very unique. I think it offers possibilities that no other currency allows. For example the ability to spend a coin that only occurs when two separate parties agree to spend the coin; with a third party that couldn’t run away with the coin itself.
This is like saying that the all mighty dollar is dangerous. What do you think?
It depends on you. But most people who are knowledgeable of the process of bitcoin find it not dangerous because the transaction here is transparent and your bitcoin earned is cannot be stolen. But since this is becoming famous for it is good for investment, some of the users use it on bad ways such as scam. But as long as you know the process, you can avoid them.
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 create easy way and transaction. It is not just an ordinary currency but a virtual one. Ot almost unite currency in a the worldwide web and is as fast as it is to do transactions. It is also not under any private sector or government to add some taxes and hold bitcoin so does any corruptions are not available.
# 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 a digital currency, not a uranium for God's sake... there is nothing dangerous about it. if you don't like it don't buy it. # 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..
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.
If I think people make money from the internet serves as an alternative if later money from a country is in trouble, one example of theft. Digital virtual money like bitcoin is one of the future money that can later be used to overcome the economic problems of a country.
Finance is very useful in the future to promote the economy in the country.
If you live in a country where e-payments and finance are in the hands of uneducated fools you would understand the value of btc much easier, and banks do get the fees of your profit,it`s painful.
Bitcoin is made for people who are open minded with crypto currencies and now a days bitcoin is one of the most reliable and profitable investment that you may do for your whole life. But yes it's maybe dangerous if you act careless in doing any transactions or trading you do and you are the one who are responsible for it. But if you do a lot of careful for every decision you would make, bitcoin is no dangerous at all.
Yes, because bitcoin can have a negative impact on the currency of a country and and make the exchange rate decrease
Hi, I do not think so, the btc was created with the main objective of ending the mafia that banks have and other reasons explained above, it is also a great opportunity for investors around the world.
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