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Topic: Is bitcoin dangerous ? - page 50. (Read 5761 times)

full member
Activity: 728
Merit: 101
December 29, 2017, 10:54:42 AM
I think all things related to digital currency or cryptocurrencies are risky, especially bitcoin because it is very anonymous and its price is very unstable or volatile
full member
Activity: 476
Merit: 103
December 29, 2017, 10:21:42 AM
Bitcoin is dangerous for those people who don't have any knowledge of bitcoin and directly invested in it.
Bitcoin is a future currency because now technology is an important part of our life and bitcoin is a example of technology
Bitcoin transactions are untraceable.
Bitcoin is a first digital currency.
Bitcoin value reached more than 14k usd.
full member
Activity: 560
Merit: 107
December 29, 2017, 10:14:25 AM
For me, bitcoin is not dangerous in physically. But the way how you can use it is a different topic. We know that bitcoin capability is superb. You use it to buy illegal things, that is the one of the leading reason why some country are banning bitcoin. But if you are saying that bitcoin can be dangerous it is not, also bitcoin is just a digital currency or some bunch of codes so bitcoin can do anything to harm you. Smiley
full member
Activity: 602
Merit: 100
December 29, 2017, 10:07:01 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 ?
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.
full member
Activity: 327
Merit: 100
December 29, 2017, 10:06:31 AM
If you invest to bitcoin your private money, it is very dangerous for you. The price of bitcoin is very hight and may  be reduced very faster. May be it is interesting to invest in real project. One of the future platforms of this type is the TokenGo project. I think it's better to spend time on additional earnings, so it's worth to look at it, especially there is a bounty.
member
Activity: 126
Merit: 14
December 29, 2017, 10:00:59 AM
Not necessarily bitcoin is the one dangerous in the crypto world but the negative users here like the scammers or hackers which are taking advantage of those who are still beginner here and those still lacking knowledge regarding bitcoin regarding how it works through that they manipulate into having transaction with them when in fact the negotiations is one-sided all in favor of their personal interest.
member
Activity: 175
Merit: 23
MenaPay - Crypto made easier than cash
December 29, 2017, 09:51:24 AM
I can say that bitcoin is risky but not dangerous. Every business is risky. Bitcoin is not dangerous, it helps everyone who's using it, rather. But even if someone believes that bitcoin is dangerous, we can't change what he believes so  he just needs to be careful with using bitcoin.
member
Activity: 102
Merit: 15
December 29, 2017, 09:37:28 AM
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.
sr. member
Activity: 547
Merit: 253
December 29, 2017, 08:41:01 AM
I think Bitcoin is dangerous, but some threads here can be dangerous if you don't be careful. Many hackers and scammer that can join here, so we need to be aware of that.

Well, i think that this is not true. Here in forum, We're just asking and answering questions about Bitcoin, and cryptocurrencies. But we need to be aware always. Bitcoin's anonymity is just a characteristic that all cryptocurrency have. Bitcoin is not dangerous. Bitcoin will changed our lives and we will understand all of it if we already tried to search and find the real essence of all characteristics of Bitcoin.
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
December 29, 2017, 08:39:59 AM
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.
dangerous only for people who do not know about crytocurrency but still impose an investment because it will suffer a lot of losses if he carelessly without knowing the risks that will happen.

I think everything, even the most safest things in the world have their own dangers that you need to be cautious and watchful for. Bitcoin has been known to be volatile, and its value may change at any time. Therefore, the risk of losing whatever you've invested or traded for may be present any time, which means, when a person ventures in the bitcoin or cryptocurrency market in general, they should at least learn enough to be able to safeguard themselves against any of the risks and dangers that the bitcoin market may present.
member
Activity: 180
Merit: 10
December 29, 2017, 08:26:37 AM
I think Bitcoin is dangerous, but some threads here can be dangerous if you don't be careful. Many hackers and scammer that can join here, so we need to be aware of that.
full member
Activity: 266
Merit: 100
Platform for Investing in Cryptocurrency and ICOs
December 29, 2017, 08:22:02 AM
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.
member
Activity: 332
Merit: 12
December 29, 2017, 07:59:21 AM
I think somehow it is dangerous because due to technology, so many hackers are out there trying to ruin everything. Everything is dangerous in this world and sometimes it also depends on how the user handles bitcoin accounts.
hi and welcome to bitcoin Smiley

Bitcoin basically involve risk which is somehow considered as dangerous so the Biggest Risk of Investing in Bitcoin is it’s instability. You do not know, whether you are going to get huge profit or huge loss.

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.We know that Bitcoin platform is the bed of roses, but the reality is quite different. Bitcoin has a lot of risks as well. but it depend upon the user that how it take it .

so overall its not dangerous,its all opposite as bitcoin changed finances of many people on the good side.
 
thankyou Smiley
Bitcoin is not dangerous at all. Bitcoin is stable crypto currency a high shift in their prices occurred which is more profitable with lower shortage we doesn’t call that bitcoin is dangerous. Future of bitcoin is profitable it will give you positive profit rather than negative. Bitcoin is not a bubble. Those people which called bitcoin a bubble they are under the influence of magic bullet theory of media. Media told them that it id bubble now they called them bubble. Bitcoin is not dangerous.
full member
Activity: 266
Merit: 151
First crypto index traded as a token!
December 29, 2017, 05:44:17 AM
Bitcoin is a currency, that can be compared to fiat money. And it's not Bitcoin or money that are dangerous, but they can make people do dangerous things like robbing. Bitcoin has increased in price and today's prices can drive some people crazy. They could spend all their money on bitcoins. If they do this with the current high price, it's a huge risk to lose a lot of money. Bitcoin is not dangerous, it can make you do dangerous things.
newbie
Activity: 52
Merit: 0
December 29, 2017, 05:20:11 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 ?

Hello, What do you mean dangerous ? In what way ?
Remember that bitcoin will be dangerous in many ways and It can be helpful in many ways. Just bare in mind that if bitcoin for you is having debt then it is helpful for you and if its not then its dangerous for you.
In short bitcoin can be dangerous and can be helpful. Hope it helps thank you !
hero member
Activity: 1036
Merit: 502
December 29, 2017, 05:17:52 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 ?
Bitcoins became dangerous depending on its user if it is used in different illegal transactions but if the user used it in a nice way why would it became danģerous as a matter of fact it really helps a lot to those people who were having diificulties on applying a job..but through these bitcoin forum people will know and discover on how to earn money through internet even without investments.As far as i know these site were created because of bitcoin and adds popularity in bitcoin in different countries that is why bitcoin is useful for all of its users.
full member
Activity: 756
Merit: 102
December 29, 2017, 04:52:14 AM
yes it can be dangerous only if you use it on a wrong way like buying drugs or buying illegal things on the web. sure bitcoin is anonymous and kinda secure but there is also a slight chance that you might get trace and caught red handed by fbi's and other authorities that will lead you to get jail or else being shut down by the police. however bitcoin is totally safe if your only using it in a proper way like buying or selling , mining , trading , etc. but always remember that there some countries that restricts and bans bitcoin therfor you need to know it first if your one of these countries in order to avoid any problems and dangers.
full member
Activity: 1736
Merit: 121
December 29, 2017, 04:50:30 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 ?

Bitcoin is not dangerous in any way. It is actually an innovation to facitate the easy usage of financial transactions. I also see that it takes away the financial borden off fiat which has witnessed tremendous relieve to the financial world.
member
Activity: 378
Merit: 11
December 29, 2017, 04:43:33 AM
The word 'dangerous' is relative to the word bitcoin. If you say bitcoin is dangerous you must tell us in the way you think or mean it is dangerous.
sr. member
Activity: 337
Merit: 250
https://streamies.io/
December 29, 2017, 04:40:31 AM
Bitcoin is one of the safest coin in the world. Why do you think that it is dangerous? You just need buy it and hold when it increase about 40%. Dont too greedy and you will be safe.
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