Topic: Is bitcoin dangerous ? - page 49. (Read 5761 times)
I think bitcoin is not dangerous because it is also a type of currency which is used in our daily lives. if we say that this currency is dangerous then we don't have the proof to explain the danger effect of bitcoin bitcoin is good and it is the modern era currency people is using this for many transactions like they can buy things online with in couple of days without any problem and it is good to invest in these currencies.
Bitcoin can improve the efficiency of payment, it is not inflationary, it is lower than the banking industry. Many countries will start accepting Bitcoin legally so I think it is no way dangerous.
It depends upon the situation, but for my own opinion, bitcoin is probably dangerous and can be gone in time, even bitcoin is the easiest and secured crypto currency can be scammed to many people.
Every business has a risk. The term business risk refers to the possibility of inadequate profits or even losses due to uncertainties. Although Bitcoin price or its market value is volatile and payment is anonymous. It is because of the strong demand, crazy investors and less supply. I think Bitcoin not a dangerous currency if you invest safely.
No, bitcoin isn't dangerous because it has security that can help the money of people will be secured. It is not harmful to anyone. Actually, bitcoin is the key to success.
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 this is the future! Who would want a type of currency that is easily lost and will get wet when you carry around? But digital currency needs internet though.
Bitcoin is not dangerous, it is about the future, where it will be globally accepted,as it is use for online tradings, online payments, and other online transactions. As a digital currency, it is use for investments which after holding for years appreciate with an unimaginable gain.
According to me its not dangerous but BTC is little bit risky because its value depand on market value. People who like to take risk it there life this was the platform for them. Taking risk is not good always so beware but if we deal with it wisely then we definately get profit from it.
I'm wondering why bitcoin was made if there are too many currencies in each country
Are you referring to those currencies that are made by every countries Central Bank? Bitcoin was made by Satoshi in a belief that it will end up the centralization that was made by the goverment when it comes to transactions and currency and it will make us free from financial burden.why would anyone add or make a type of currency in the internet? For easier and faster transactions or so ?
They want to upgrade bitcoin and others does have their own goal own making tons of money from producing new crypto's.
bitcoin is 2 side blade there the danger behind bitcoin because bitcoin is anonymouse so you dont know with who you transaction, this make bitcoin user most use bitcoin as payment to something illegal.
Bitcoin is only dangerous when you invest everything or most of what you have just to gain the hype and trend of bitcoin. It never was made dangerous because it is just a technological monetary and should mainly use for transactions and etc throughout its system.
No I don’t think so, besides I think that bitcoin is a blessing because it has given thousands of people a huge profit and also in this form many people are making money without any investment. I have found a job at my home. I am making money from my bedroom. How can I say anything dangerous about bitcoin? There is nothing to be dangerous in bitcoin. Its future is safe and it will be the mainstream in the future.
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 ?
Well, there was no digital currency yet before Bitcoin came. There was no online form of payment apart from fiat that was invented before Bitcoin. But on top of these all, Bitcoin was an invention to counter the centralized way of running things. The seat of power has always been with the banks. They are the regulators and decision-makers when it comes to our financial lives. Bitcoin gave the power back to individual persons.
That was on my mind too, I had so many questions and doubts as well. It' s like bitcoin was courting me but it took many months til I decided to give my Yes. Dangerous, maybe not. Bitcoin is even safer than banks since we are all anonymous here.
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.
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 created in opposition to ordinary money. This is a protest against the world of finance, where you do not own your money, and you have to give it away if the government or your bank wants it. of course not. in our world of technology, almost all things now are digitized even money. it makes our work easier, faster and safer. it just all depends on how we use it. it can be also compare to a hightech machine. if you don't have any knowledge of how to use it, it would be dangerous.
It depends on where are we going to use bitcoin of course, it could be dangerous if people are using bitcoin in illegal things like buying illegal stuffs online like Drugs and illegal weaponry, if you guys remember this site called "Silk Road" in the deep web, that is one of the example that bitcoin could be dangerous to people and to the Government also.
The advantages of bitcoin could be a disadvantage sometimes in the scenario like this. The anonymity of bitcoin is the one that they are abusing in processing illegal transaction online, that is why some countries banned bitcoin because of this behavior.
Why bitcoin is dangerous?
Bitcoin is a highly security system useing blockchain technology.So it's a real secure project.people feel fresh to keep money on bitcoin now
As you take care of your money in wallet so no one can steal it, bitcoin do the same. Bitcoin has offered a wallet that is the safest place to store your bitcoins and bitcoins has introduced the blockchain system that defends the hacking attacks on bitcoin wallet. Bitcoin is a highly security system useing blockchain technology.So it's a real secure project.people feel fresh to keep money on bitcoin now
Besides it, bitcoin provides you high level of security of keep your money secure and safe. An alphanumeric id is generated to you that make secure your bitcoin wallet and helps you in buying and selling of bitcoins.
Bitcoin is not dangerous because of it's security and feature compared to other cryptocurrencies bitcoin is the best and that's why bitcoin was in the top 1 in the coinmarket cap. So don't scared about using bitcoin.
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 ?
New crypto-currencies can be compared to shares of companies. Therefore, all crypto-currencies have several functions in use. Internal use of the crypto currency in the products of the startup, which it released and foreign trade with the same crypto currency on external exchanges and exchangers.Every time they point out that coins don't represent the shares of the compant, and coins are not the securities. But this is not true, coins have to represent the value of the company. Bitcoin is not dangerous, because it's only a value available out there.
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 don't think bitcoin is dangerous because the government allows it. Just like in our country bitcoin is legal and itbia being supported by our government so if it is dangerous why our government allowed it? And also how can it be dangerous if its helps us financially. We are not stealing anyones money here.maybe ut is a bit risky because cyrptocurrency world is volatile , the value of coins may change and dump drastically but that never happened to bitcoin.
it's only dangerous when you get addicted on how to trade or invest or something and then you put all your money leaving you nothing. then that is when it is dangerous
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