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Topic: Is bitcoin dangerous ? - page 44. (Read 5761 times)

full member
Activity: 300
Merit: 100
January 08, 2018, 10:08:48 AM
for me bitcoin is not dangerous because is a digital money to use a trading.
sr. member
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January 08, 2018, 10:05:12 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 is dangerous like any other currency in the world. But there are also a lot of advantage why bitcoin is created. First it is decentralized and no government can control it like fiat and that makes it more dangerous since it is cannot be controlled. As I see most of the advantage of any coin turns out to be its disadvantage to. Bitcoin is a really good investment but it can also be a risky way to invest your money.
Bitcoin's anonimity also helps but also one of the most disadvantage of bitcoin that will annoy the government. Huge transaction without someone noticing might be done with it without attracting attention to the authority.
member
Activity: 205
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January 08, 2018, 10:02:25 AM
Bitcoin is absolutely dangerous and there's no doubt about it. It's a fact that no one can ever predict the path bitcoin will take. And because to its inconsistent nature it maybe one of the most dangerous crypto currency ever lived. A good piece of advice is that whenever you try investing put the money in many coins evenly distributed so when one currency falls down you will still have  a chance with others
full member
Activity: 392
Merit: 101
January 08, 2018, 09:54:06 AM
bitcoin is not dangerous in my humble opinion, but just like any other kind of investment.bitcoin also has risk. for example, if the government decides to declare owning Bitcoin illegal, you may find yourself in trouble. Currently, the government's stance on cryptocurrencies is not clear and the danger is real as Bitcoin is not taxed. This is somewhat of a competition to government-issued currency. Other regulations could also make Bitcoin less profitable.
A good opinion and I totally agree with your opinion.
Most likely the government claims that bitcoin is illegal because bitcoin has not been inaugurated in different countries in my country so bitcoin may not have a name in some countries.
jr. member
Activity: 111
Merit: 3
January 08, 2018, 07:39:18 AM
It's not so dangerous like what you think, but there's some that we must becareful, like scammers. but its up to you on how you secure your bitcoin or money.
full member
Activity: 406
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CRYPTOBLADES Octoblades 10.10
January 08, 2018, 03:24:39 AM
It's dangerous as perceived because we're not used to it, we are just fine in old system that's why when this came we almost couldn't believe that there is such as digital currency, and our curiosity will not be fully satisfy not unless and until we try it, and so this is it now, we're moving in progress, economy and technology wise, it's what they call development.
member
Activity: 168
Merit: 10
January 08, 2018, 03:23:56 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 was mainly created to get rid of the centralized money. Right now there are altcoins that are faster than Bitcoin and cheaper when you make transactions. Bitcoin gets old in my opinion.
newbie
Activity: 30
Merit: 0
January 08, 2018, 03:22:37 AM
I think bitcoin is safe. Because why everyone use bitcoin if it is dangerous. And it is safer if you know how to use this. Also i think it will be our future.
newbie
Activity: 182
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January 08, 2018, 03:07:43 AM
It could be, BTC usage is growing day by day, and there are lack of regulations in this field, as any unregulated field it might be dangerous.
full member
Activity: 460
Merit: 100
January 08, 2018, 02:59:10 AM
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.

Bitcoin is not a dangerous for me because many people become rich with bitcoin.if the bitcoin is dangerous  why people use bitcoin and investing it for me bitcoin is the best way to invest because its very easy to transac and easy to sell it.many people unemployed help in bitcoin because bitcoin is no need to have a certifacate and if you have a college graduate the important is knowlege about bitcoin but its nice if you have a study because study is never be gone.
full member
Activity: 602
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DeFixy.com - The future of Decentralization
January 07, 2018, 10:36:56 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.
newbie
Activity: 196
Merit: 0
January 07, 2018, 10:30:36 PM
Is bitcoin is dangerous?For me bitcoin is not dangerous neither it will help us to earn more extra money.In bitcoin also we have to cosider the enternet connection and time to earn more money.
member
Activity: 103
Merit: 10
January 07, 2018, 10:14:49 PM
no i dont think that bitcoin is dangerous it is more helpful for the people to become millionaier because it is trusted by billioneir investors who has invested in bitcoin
full member
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January 07, 2018, 10:08:09 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 ?
No I don't think bitcoin is dangerous because bitcoin it helps more people and trusted some billionaires already investing bitcoin
full member
Activity: 238
Merit: 100
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January 07, 2018, 10:07:43 PM
sure its getting more dangerous every day
in my own opinion i think bitcoin is not dangerous its safe and good to know whats in this business or what was bitcoin are, so that its very safe to do bitcoin and you can give your 100% trust because a lot of businessminded are investing on it and all you have to do is invest, hardwork,patience and faith.
sr. member
Activity: 476
Merit: 251
January 07, 2018, 09:33:51 PM
bitcoin is not dangerous in my humble opinion, but just like any other kind of investment.bitcoin also has risk. for example, if the government decides to declare owning Bitcoin illegal, you may find yourself in trouble. Currently, the government's stance on cryptocurrencies is not clear and the danger is real as Bitcoin is not taxed. This is somewhat of a competition to government-issued currency. Other regulations could also make Bitcoin less profitable.
member
Activity: 237
Merit: 10
Borderless for People, Frictionless for Banks
January 07, 2018, 09:29:20 PM
bitcoin is not dangerous, it is very secure in protecting privacy, but in the other way, trading bitcoin is very risky because bitcoin is not stable so we may lost our investments without  any preparement or any knowledge about trading bitcoin.
member
Activity: 183
Merit: 10
January 07, 2018, 08:52:23 PM
Bitcoin is safe on protecting your money not to be corrupt. This is the fastest and easiest way to transfer money to the other country.
member
Activity: 301
Merit: 11
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January 07, 2018, 08:33:38 PM
It will be more dangerous for you and your family if the people around you knows that you are holding a lot of BTC,you might be kidnapped by these people.
newbie
Activity: 15
Merit: 0
January 07, 2018, 07:44:31 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 suggest you read Satoshi's White Paper to truly understand why bitcoin is made. And what's its purpose.

https://bitcoin.org/bitcoin.pdf

Satoshi wants a system that you can used or transact without any middleman, without trusted third party That's why bitcoin is P2P (Peer-to-Peer), and non-reversible transaction. So you are your own bank. So bitcoin is not dangerous in a sense, because you don't need third party like banks to be able to pay someone in the other side of the world.

Bitcoin dangerous? Obviously it was designed not to, however, criminals has exploited it features and began to used it on their illegal activities, like drugs and hackers and scammers take advantage of it to steal from unsuspecting victims.

Well explained buddy...
Bitcoin is not dangerous,,, just some people are using them also in a wrong way and wrong manner that gave bitcoin a bad reputation...
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