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Topic: Is bitcoin dangerous ? - page 45. (Read 5761 times)

member
Activity: 280
Merit: 10
January 07, 2018, 07:43:23 PM
bitcoin is safe. I prefer bitcoin over currencies because I think it is not controlled by any government
member
Activity: 112
Merit: 10
January 07, 2018, 07:30:54 PM
Nope, Bitcoin was created to be safe and reliable and it is living its expectations.
full member
Activity: 308
Merit: 100
January 07, 2018, 06:38:52 PM
when you go to travel somewhere you face so many problems with the local exchanges and in stores cuz you have to look up on your money every time and they don`t accept your countries money so if there would be just one fiat currency you won`t have to face those problems.
hero member
Activity: 3080
Merit: 603
January 07, 2018, 06:38:40 PM
Bitcoin is insecure only when you are foolishly controlling it. In general, it is safe for several reasons. One of the main things is decentralization. It is very trustworthy and is very good kind of investment.
Bitcoin is safe, blockchain is safe but there are people who are not contented on what bitcoin is experiencing now. They want to spread false information that bitcoin as of the moment is not going to grow and will be dead very soon. I don't have anything against those financial experts that are saying that bitcoin can be used for illegal trades which is true as bitcoin before getting to the mainstream it has been used there but things have changed, there's another privacy coins that are better for those trades. And for now bitcoin is only dangerous if users will not use it responsibly or will use it for dangerous things.
full member
Activity: 560
Merit: 102
January 07, 2018, 06:34:53 PM
The opening topic does not correlate with the title.
I will answer how bitcoin can be dangerous.
Geography. In some countries BTC is prohibited so it is obvious that earning or using some BTC in that country might put you up in cell.
You are going full throttle. Invest wise, always diversify, you can't afford to lose all your treasure in one sink of the boat.
Earning it the wrong way. Pyramiding scams and Ponzi are very immoral and must be stop at all cost especially those who are unregistered, if somethings go wrong you might face multiple violations.
Mining. Safety first, without professionally made miners might bring you some fire trouble.
Be careful Wink
You are right, there is no relationship between the topic and its content.
I think the OP has not studied the difference between fiat and cryptocurrency. Although both can be used for payment, but cryptocurrency has another function that is as a tool of investment and commodities of high value.
Bitcoin is not dangerous, depends on the user and how to use it / get it. If using a safe and wise way, bitcoin is very profitable
full member
Activity: 392
Merit: 101
January 07, 2018, 05:45:15 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 me i don't think so if Bitcoin is dangerous,base on my own opinion as I understood about this kind of work Bitcoin is a friendly user as we took its look like dangerous if we will use this in bad transaction in any of order,still we need a extra carefull by using this,we need too ask anybody that knows about this to have a functionable idea.

Your pattern of thinking is very good and I think your thinking is the same as my thinking about bitcoin.
It may be that the bitcoin tastes dangerous because they want the bitcoin to become extinct quickly and he wants no one to use bitcoin anymore so someone says that bitcoin is dangerous.
full member
Activity: 392
Merit: 101
January 07, 2018, 05:27:59 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, many people think differently. but all agree, bitcoin can be very profitable. this is one of the benefits of bitcoin versus fiat currency. I just wanted to give you some advice. digest knowledge of bitcoin and crypto in this forum. you will know a lot about the benefits and benefits that you can use in your life

A good opinion and I strongly agree with your opinion, that bitcoin is harmless and even bitcoin very profitable for them including myself.
As long as I follow the bitcoin, I do not think bitcoin contains any fraud or cheats in a price.
sr. member
Activity: 756
Merit: 253
January 07, 2018, 05:10:39 PM
Dangerous? I don’t think so that the company and management of bitcoin is too dangerous in the public. In fact the thing they called ”dangerous” is the company who helps lots of people to live better and become financially stable without even doing something for it.

I agree with you. If bitcoin is dangerous, surely all countries in the world will be banned bitcoin. But in fact, only a few countries prohibit the use of bitcoin, while others do not matter. That is, bitcoin is not harmful, but has not found an effective way to prevent the occurrence of crime when using bitcoin.

Same way as conventional fiat currencies haven't found an effective way of combating crimes committed by criminals that use them and so we should be careful in order not to blame bitcoin alone for money laundering crimes. Bitcoin is sure safe and just like other monies you can't tell who uses them and  for what purposes and so it being used  for the wrong things by bad people shouldn't make it dangerous or bad in any way.
jr. member
Activity: 180
Merit: 9
January 07, 2018, 04:39:45 PM
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.

No. Bitcoin cannot be dangerous. It can be used it in a proper way to protect it . Protect it to avoid in a dangerous situation.
member
Activity: 182
Merit: 10
January 06, 2018, 04:44:11 PM
Bitcoin is insecure only when you are foolishly controlling it. In general, it is safe for several reasons. One of the main things is decentralization. It is very trustworthy and is very good kind of investment.
full member
Activity: 560
Merit: 104
terra-credit.com
January 06, 2018, 04:37:27 PM
Dangerous? I don’t think so that the company and management of bitcoin is too dangerous in the public. In fact the thing they called ”dangerous” is the company who helps lots of people to live better and become financially stable without even doing something for it.

I agree with you. If bitcoin is dangerous, surely all countries in the world will be banned bitcoin. But in fact, only a few countries prohibit the use of bitcoin, while others do not matter. That is, bitcoin is not harmful, but has not found an effective way to prevent the occurrence of crime when using bitcoin.
full member
Activity: 420
Merit: 100
January 06, 2018, 04:32:52 PM
Dangerous? I don’t think so that the company and management of bitcoin is too dangerous in the public. In fact the thing they called ”dangerous” is the company who helps lots of people to live better and become financially stable without even doing something for it.
full member
Activity: 193
Merit: 100
January 06, 2018, 03:39:50 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 ?

The opening topic does not correlate with the title.
I will answer how bitcoin can be dangerous.
Geography. In some countries BTC is prohibited so it is obvious that earning or using some BTC in that country might put you up in cell.
You are going full throttle. Invest wise, always diversify, you can't afford to lose all your treasure in one sink of the boat.
Earning it the wrong way. Pyramiding scams and Ponzi are very immoral and must be stop at all cost especially those who are unregistered, if somethings go wrong you might face multiple violations.
Mining. Safety first, without professionally made miners might bring you some fire trouble.
Be careful Wink
member
Activity: 154
Merit: 15
January 06, 2018, 03:38:51 PM
Bitcoin alone is not dangerous. With the involvement of the certain type of the people, it can become dangerous in some way. Its anonymity provides comfort and discretion for the holder of this crypto coin. This anonymity is presenting big treat for the governments which want to be in the control of the absolutely everything but they don't have the power and the means to take control over Bitcoin. Bitcoins undisputed power is in its limited supply and also in the unique blockchain, we can easily say that BTC is a predecessor to all the current coins that had made the breakthrough to the market. The danger lies in the eyes of the beholder!
newbie
Activity: 18
Merit: 0
January 06, 2018, 03:28:05 PM
A lot of them. The important thing is that bitcoin is not actually currency. By definition, the moneys must be: "a" is recognized and "b" liquid. Either that, or another cryptocurrency is not. Its course is changed every 10 minutes, the exchange bitcoin for real money is fraught with several challenges. And, of course, no Bank recognize your kryptonite real money.
member
Activity: 207
Merit: 10
The future is your Genome
January 06, 2018, 03:18:15 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 ?
Because that someone who you are talking just created the most valuable digital assets that the human can ever have,he doesnt like the centralized fiat thats why he created all of this.
sr. member
Activity: 630
Merit: 251
January 06, 2018, 03:08:34 PM
why bitcoin dengerous?? it will most county use of bitcoin payment.... I think bit[Suspicious link removed]d efficiency for country business..
Exactly bitcoin are not dangerous. Rather they are the need of time. Bitcoins are not only the source of income but the most important currency of the world in near future. Besides being a fantastic mode of payment, bitcoins are just creating an incredible effect on the business entity of a country. They are taking the economics up and high in the sky and this is the beauty of it.
member
Activity: 308
Merit: 10
January 05, 2018, 03:07:49 PM
Actually, bitcoin is not harmful. But, what makes the bitcoin dangerous is if you are wrong investing because now if we want to invest it must be careful to choose where to invest, lest we are fooled by the criminals who provide investment fraud services
Bitcoin is very beneficial currency and many of people gets big profit because they know its price will more high that's why they invest their money and they can blind trust on bitcoin they know bitcoin will never lose their profit, so many of people invest in bitcoin.
legendary
Activity: 1596
Merit: 1034
January 05, 2018, 02:53:40 PM
Actually, bitcoin is not harmful. But, what makes the bitcoin dangerous is if you are wrong investing because now if we want to invest it must be careful to choose where to invest, lest we are fooled by the criminals who provide investment fraud services
sr. member
Activity: 343
Merit: 250
January 05, 2018, 11:04:54 AM
The Biggest Risk of Investing in BitCoin BTC is it’s instability. You do not know, whether you are going to get huge profit or huge loss. Only invest in BitCoin what you can afford to lose. Definitely people are making really good profits out of BTC trading / mining. But still you never know when this BitCoin bubble will burst and your all investment goes to ZERO. 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 attractive.
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