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Topic: Is bitcoin dangerous ? - page 47. (Read 5761 times)

newbie
Activity: 68
Merit: 0
January 03, 2018, 05:43:42 AM
Bitcoin is not dangerous for me. Bitcoin is freedom, fast,  secure and my life part. Bitcoin give me money when i needed. 
member
Activity: 616
Merit: 11
Decentralized Ascending Auctions on Blockchain
January 03, 2018, 05:34:55 AM
For me bitcoin is not a dangerous. From the very beggining, i dont heard any person arrested because they access bitcoin, all i heard are all about many people became rich because of bitcoin. So meaning bitcoin is not a dangerous. I heard also some countries are access bitcoin and accepting goverment transaction as term of payments.
newbie
Activity: 28
Merit: 0
January 03, 2018, 05:33:00 AM
I think yes its dangerous because with bad mangement of money management you can easly lose all your money because Bitcoin have a big wave down or up and he can make big damage.
member
Activity: 1106
Merit: 11
Crypto in my Blood
January 03, 2018, 05:24:46 AM
Bitcoin is freedom
Bitcoin is fast
Bitcoin is secure
even Bitcoin is a part of my life
member
Activity: 224
Merit: 11
The Experience Layer of the Decentralized Internet
January 03, 2018, 05:03:03 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 ?
In my opinion, it is the legal coin that is dangerous. Bitcoin has been recognized by more people, so the value of bitcoin will be higher, even more than the legal currency.
member
Activity: 161
Merit: 10
January 03, 2018, 04:57:33 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 ?
It is decentralized which means no government or any entity owns it. It is unhackable. It is not prone to human error, no banker or middle man to buy and sell or trade it. It is stable and available globally.
full member
Activity: 294
Merit: 100
January 03, 2018, 04:08:05 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 do not think that it is proper to call bitcoin as dangerous.
yes, it is risky but to say that it is dangerous may already be an overstatement.
an individual must first be able to know what really cryptocurrency is and all the underlying technology about it.
in order to avoid or minimize the risk involved in bitcoin engagement.
and bitcoin was created in order to provide users a better form of system in doing their transaction.
member
Activity: 364
Merit: 10
January 03, 2018, 04:07:30 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 think its not dangereus instead its helping people to become rich many people are rich of that currency and i dont care if its dangerous as long as i dont hurt somebody and not against the law...ill be bitcoin on that...
member
Activity: 308
Merit: 18
January 03, 2018, 03:59:20 AM
I think it depends to whom of the people who are using bitcoin, but for now bitcoin is still not dangerous. Many government saying that the bitcoin is dangerous but they dont know that bitcoin is still okay. Bitcoin is a good asset for us and it can help us to have more financial to our daily life. It can be dangerous to the newbie because some of them dont know how to use there bitcoin properly and all newbie should know the risk here in bitcoin because you can lose money if you dont know to hold you bitcoin properly.
newbie
Activity: 189
Merit: 0
January 03, 2018, 03:54:52 AM
Bitcoin is not dangerous, it has not reach its destination, is still goin higher.
member
Activity: 84
Merit: 10
January 03, 2018, 03:44:18 AM
Do your own research. Bitcoin can give you huge profit but bitcoin can fall, who knows?
Don't invest all your money in bitcoin, be smart Grin
full member
Activity: 484
Merit: 100
January 03, 2018, 03:34:19 AM
In my view about bitcoin, it is very dangerous for newbies to join the bitcoin and follow the trend. Bitcoin is actually more of a danger than a piece of cake for everyone.
member
Activity: 138
Merit: 15
January 03, 2018, 02:50:04 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'm also new with bitcoin but I find it like an asset more than a currency. I think bitcoin is meant not just to be use as a mean of buying and selling but also to make equal distribution of wealth for the people. It will be going to be an opportunity to raise new kind of rich people.
member
Activity: 446
Merit: 13
January 03, 2018, 02:45:43 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 ?

Hi there akiraminai! The objective of Satoshi is to make the payment transaction secure, efficient, fast and decentralized. I don’t see it as a danger to people or even the internet, because it is advantageous rather than creating problems. However, the main problem government pose is the scams and illegal schemes conducted thru the help of bitcoin. What danger it could bring is the volatility of its price, investor says that its price is based on people and not on the product or bitcoin itself because it is intangible. However, I see it as government is just worry to technology which they could not control.  Wink
newbie
Activity: 280
Merit: 0
January 03, 2018, 02:43:19 AM
For me, its a no. Bitcoin isn't dangerous if you know what it is. Maybe others think that it is dangerous because of what they read on the Internet. By simply following the basics of Bitcoin, you can deal with it safely. But, you must be ready of the risk/s ahead, for example, the risk of losing money overtime due to how bitcoin works as it deflates in just minutes or seconds but sooner or later it will come back strong and will value higher than before.
jr. member
Activity: 224
Merit: 2
The Experience Layer of the Decentralized Internet
January 03, 2018, 02:34:32 AM
Well it IS dangerous in a sense that if you invested in it and it just crashes then you lose money. I wouldn't worry about it though since lots of people backs BTC.

It can also be used for dubious things like scams and money laundering. Criminals can move large amounts of money around without anyone knowing it.
sr. member
Activity: 294
Merit: 252
January 03, 2018, 02:29:29 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 not dangerous instead it gives a greater help to a lot of people who are not financially stable. It gives earnings to those who wants to earn and give a financially free status to everyone.
full member
Activity: 153
Merit: 100
January 03, 2018, 02:25:00 AM
It's not dangerous I think, it is just a matter of time if people want it in their lives. Because having this cryptocurrency is a one new opportunity for everyone.
full member
Activity: 409
Merit: 100
January 03, 2018, 02:22:25 AM
How could you say that bitcoin  is dangerous if there are many people who changed their life because of bitcoin and don't you ever imagine also the good qualities of bitcoin which is the reason why some people continues to support and use bitcoin.
full member
Activity: 1002
Merit: 112
January 03, 2018, 02:08:31 AM
For me bitcoin is risky but not dangerous. Invest at your own risk.  Bitcoin is decentralized, it's total supply will never increase and i think that is the difference between bitcoin and every country's currency. It can't be hacked but your wallet can so you have to be careful.
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