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Topic: Is bitcoin dangerous ? - page 5. (Read 5761 times)

full member
Activity: 449
Merit: 100
February 22, 2018, 07:46:06 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 a digital currency and this era we are developing our technology thats why the try to create a digital currency. Bitcoin is the product of their brainstorming satoshi nakamoto give us new type of currency.
sr. member
Activity: 574
Merit: 253
February 22, 2018, 07:33:18 AM
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.

I agree with you completely! It is safe - everything is anonymous! This in the bank requires all the information about you and with a small income you will not be able to take out a loan! And bitcoin does not care how much you get and what your story is!
Yes it is true that is a good and fair concept, of course for those who never have big money it will be difficult to borrow money in banks, but with bitcoin then everything looks easy, I do not like banks know all the transaction and financial data so I prefer bitcoin than fiat.
newbie
Activity: 84
Merit: 0
February 22, 2018, 07:16:48 AM
# bitcoin payment is anoymous
# bitcoin is decentralized
# bitcoin is not issued by any
# nobody can increase total supply of

This all feature make it different than other currencies that exist and more attractive too. It gives financial freedom..
You're right. Probably if you are new to bitcoin, you would actually think that this can't be trusted and can be literally a scam in some ways. But if you would actually try bitcoin in longer terms, it really is safe, dependable and can be accurately trusted.
full member
Activity: 392
Merit: 100
February 22, 2018, 07:10:15 AM
I think bitcoin would be dangerous if we were wrong in using it and wrong in making decisions, so danger or not depends on us how we look and use it
newbie
Activity: 84
Merit: 0
February 22, 2018, 07:04:05 AM
Nope because it is secures now adays and no one can make anay regulations in bitcoin if it is dangerous
newbie
Activity: 81
Merit: 0
February 22, 2018, 06:50:37 AM
For nope because it depends on how they will used it and it depends on what they know about bitcoin
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos
February 22, 2018, 06:42:52 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 ?
Here no one can say exactly that why bitcoin comes in this world actually in starting , I read a article once where it was mentioned that main reason to make bitcoin technology with bloclchain was to show that banking system can be made much better than what are in present time .
But even the banking system didn't yet accepted bloclchain technology ( since few of them are looking to accept bloclchain technology ) .
But time to time many people who comes to know exactly about the bitcoin started to make use at international level and day by day its craze to buy sell get increases and that leads into a type of currency in these days where people are using it to buy things in offline .
But here I think it is only a type of online written data which is fully encrypted and no chance to erase or hack , so I don't think that there is anything of dangoure associated with bitcoin .
newbie
Activity: 168
Merit: 0
February 22, 2018, 05:33:56 AM
I think much better to understand what is cryptocurrency first and only for people who do not know about cryptocurrency. Because investing in bitcoin is

very risky it will suffer a lot of losses of money once you invest crypto world. The Bitcoin is the future of the currencies and it is the first one that gave hope

and determination to those who were worried about taxes. then It will be a dangerous especially if you are newbie in Crypto world then you don't know how

to handle your account.
member
Activity: 280
Merit: 10
February 21, 2018, 02:32:25 PM
The monetary system has become obsolete for a long time: Corruption is very much debugged, money does not reach where it is supposed to be, but they settle in the pockets of corrupt officials. It has long been required a system with transparent tracations. Bitcoin is ideal for this
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
February 21, 2018, 02:26:47 PM
Yes, it’s quite dangerous. I got scratched by a bitcoin a few weeks ago and developed a nasty infection. I’m still on antibiotics.
jr. member
Activity: 238
Merit: 1
February 21, 2018, 02:14:58 PM
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.

I agree with you completely! It is safe - everything is anonymous! This in the bank requires all the information about you and with a small income you will not be able to take out a loan! And bitcoin does not care how much you get and what your story is!
member
Activity: 210
Merit: 10
February 21, 2018, 12:34:18 PM
Dangerous only for people who do not know about crytocurrency. Each country has its own currency to facilitate the transaction, but within the scope of the country. But with bitcoin you can freely transact without any limitations. Bitcoin is created as a digital currency or asset that is open for all the people and i think it will be also affecting the economy.
sr. member
Activity: 585
Merit: 250
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February 21, 2018, 12:33:24 PM
I think it's too much to say bitcoin is dangerous, surely they do not understand about bitcoin and just think that bitcoin is very risky for the economy of the country so if it is banned then it is dangerous if used.
member
Activity: 237
Merit: 10
Presale is live!
February 21, 2018, 12:31:29 PM
Yes some time bitcoin is very dangerous those who invest in first time . Here what will happen in bitcoin investment is there are plenty of people without knowing  bitcoin investment and it’s market they will invest so, some time it may become huge loss.
full member
Activity: 672
Merit: 100
February 21, 2018, 12:18:00 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 has many functions. This is the speed of transfers, anonymity, relative security, low cost of transactions in comparison with Bank transfers. But the most important feature of bitcoins is prospects.
Just the way you say, Bitcoin is like global money though different countries are acceptable. bitcoin only needs to be implemented by the government for the provision of bitcoin payments such as ATMs. If it is done, it is certain that the world economy will focus on bitcoin and it could be replaced by a crypto currency
jr. member
Activity: 129
Merit: 3
bitrace® | JOIN NOW
February 21, 2018, 12:16:50 PM
Bitcoin is not dangerous, it poses a high risk in investing but just don't invest an amount that you can't afford to lose. For me, bitcoin is much safer and faster to use than real money, I can send money from anywhere in the world without revealing my identity.
hero member
Activity: 882
Merit: 528
February 21, 2018, 11:53:58 AM
if you want to earn money u have to take some risk yes bitcoin is dangerous then investment in gold,silver but it also give you much profit then other investments.
member
Activity: 434
Merit: 10
February 21, 2018, 11:50:32 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 has many functions. This is the speed of transfers, anonymity, relative security, low cost of transactions in comparison with Bank transfers. But the most important feature of bitcoins is prospects.
member
Activity: 602
Merit: 10
February 21, 2018, 11:45:31 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 ?

No, bitcoin is harmless, bitcoin is a freedom of transactions and also investment. Each country has its own currency to facilitate the transaction, but within the scope of the country. But with bitcoin you can freely transact without any limitations.
full member
Activity: 207
Merit: 100
February 21, 2018, 11:44:36 AM
For me I think if bitcoin use in crime like if terrorist use bitcoin to buy any kind of explosive bomb and divices.  That is too dangerous too all peoples. 
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