Topic: Is bitcoin dangerous ? - page 48. (Read 5761 times)
in my opinion, bitcoin is different from other currencies because bitcoin is a digital currency that would be dangerous if used by people who do not understand about bitcoin because it would make a loss for him
there are many ideas and uses of virtual currency for its users. including me personally. different from fiat currency. knowledge is the most important part and your experience. I think you should read a lot to know the various uses of bitcoin and crypto
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 that is one of the reason why Bitcoin has been made. As we face the digital era, everything must adopt to every changes in terms of our needs. We are much expose to technology so that Bitcoin used that opportunity to be popular. If we try to imagine, Bitcoin is somehow risky for it is not regulated by the government but this characteristic makes it more interesting and now become widely known.
bitcoin is very dangerous for people who do not understand about crypto world, because if the person does not understand about bitcoin they will fall into disadvantage
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 all fiat or digital currencies are equally dangerous and at their own risk. Fiat money can be lost and ruksak and digital money can be hacked. But both have the same goal, to facilitate the transaction. .
As an investment, Bitcoin is an investor. Every day, it is in different situations. Whether it is safe or not, everyone has a different opinion, but I think it is temporarily safe.
It will never be that bitcoin in dangerous because many people have trust to it. You can never tell that bitcoin is dangerous because its 100% proven that safe to invest and can earn more of your capital. And in can start a bussiness as well. If some people dont have trust at bitcoin try to visit the website so that you can tell thats why we so much love and trust at bitcoin. They are many fuction involve part of bitcoin that why we trust on it.
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 ?
By dangerous, do you mean life threatening? Or just plain risky? Lol! Dangerous is quite a heavy word for Bitcoin coz I really don’t see it as dangerous. Risky?Yes! It is more of a risk than danger. Everything on the planet is risky. And Bitcoin is no exemption.
There is a big risk to invest all your money in bitcoin. Considering it is decentralized, the government has no control or even back up for it . But still bitcoin offers good profit as much as what the stock market do.
I think bitcoin is not dangerous for us and for countries as well we know that the bitcoin is a currency and we are using this for many purposes so we can say that bitcoin is not dangerous and we are hopeful that bitcoin is the best for investment. Because the digital currencies are very good in profit margin and the bitcoin is highly popular for better future.
If one day bitcoin is worth more than $ 100K I imagine people laughing at us when we ask ourselves if buying bitcoin was risking buying it at $ 20k
Bitcoin is not dangerous and you are right that these are banks that made bitcoin dangerous because they do not want that people invest in bitcoin. Their investment has been reduced due to huge investment in bitcoin and why people not invest in bitcoin? It is giving a huge profit to its investors and it also provides a facility to use bitcoin anywhere in the world for their purchasing. It is far better than keeping money in banks.
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 ?
By dangerous, do you mean life threatening? Or just plain risky? Lol! Dangerous is quite a heavy word for Bitcoin coz I really don’t see it as dangerous. Risky?Yes! It is more of a risk than danger. Everything on the planet is risky. And Bitcoin is no exemption.
I think, it all depends on the user instead of the currency itself. If you use it for a good purpose rather than a very safe but if someone uses it for crime-related activities rather than dangerous .. maybe it could be ...
Bitcoin is something that is taken care of by a lot of people who want to make the system safe. Bitcoin is made to make easy digital and wireless transactions.
I suppose it ultimately comes down to a political one. Libertarians want the opposite world to the one we live in today where bitcoin is a threat.
Bitcoin is not dangerous in itself because it improved on the issues of fiat currencies.What made it dangerous is when your account is hacked and your coins stolen .The advantages of bitcoin is more that its demerit .Bitcoin makes fast transactions with low transaction fees.It can be sent anywhere in the world by any body and it is transparent not controlled by any one. Its addresses are flexible and easy to open with no paper work.
This same question was on my mind but after seeing people intrest and views on bitcoin it seems intresting. Bitcoin is dangerous for those who do not know how to use it and who use it with their mind . There is a lot of risk but we have to be our own saviour by keeping information private and bitcoin is leading cryptocurrency which is making money
No.
Because the number of bitcoins is capped, I just don't see the total value of bitcoin becoming big enough to have macroeconomic effects.
And it's no way the most dangerous thing ever invented. Unregulated subprime mortgages and credit derivatives were far more destablizing and dangerous than I can imagine bitcoin ever being.
Because the number of bitcoins is capped, I just don't see the total value of bitcoin becoming big enough to have macroeconomic effects.
And it's no way the most dangerous thing ever invented. Unregulated subprime mortgages and credit derivatives were far more destablizing and dangerous than I can imagine bitcoin ever being.
Bitcoin is not dangerous because it is safe and secure. It is something on the internet. It cannot be touched, duplicated nor stolen. It is very trustworthy and is very good kind of investment so there is nothing to worry about.
Well, it is safe as a currency but it is still not recognized a currency by a lot of the countries here in this world. Bitcoin is said to be a threat to economy of countries, I think it is because bitcoin is said to be volatile, decentralized and anonymous, which I think may attract people to use it but when the more users of the country and the price of bitcoin decreases, I think it will be also affecting the economy.
Question is a bit vague. If question is "Is trading bitcoin dangerous?" then my answer would simply be "yes". If you look at the price graph and draw trend line you will see that angle of trend is very high and in any market who has sharp trend means it is dangerous, you can lose or earn a lot of money. same goes for forex training.
I think bitcoin is dangerous to those people who didn't know how it works because they don't trust bitcoin, but for me it is not dangerous because it has the potential that can change your life even you don't have a real job in your place that's why I don't see bitcoin that is dangerous.
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