Topic: Is bitcoin dangerous ? - page 51. (Read 5761 times)
I don't think bitcoin is dangerous at all. The purpose of the person behind the bitcoin was to create a decentralized currency where everyone can use without restrictions and limitations unlike any fiat currency right now.
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.
I don’t think so there is any danger in using bitcoin just because it is dependent on internet. If you talk about getting hacked, then in real life there are so many robbers and criminals who are stealing your cash and other expensive things like gold etc. so in short, these hackers or criminal minded people are everywhere. We need to take risks if really want to be successful in life and same is the case of bitcoin. 
Bitcoin is not dangerous, but the ups and downs, in general, still very promising.
I don't think so that bitcoin is dangerous like in the present time the bitcoin is used by mostly the rich peoples and those who are intelligent and educated the investors are the wise personalities they have invested their millions of money into this currency so we can say that bitcoin is not dangerous. It is simple to say that when this is dangerous and not important why would these people come to make investments in this currency bitcoin is highly profitable in the future.
I think bitcoin is not dangerous. It was created for the purpose of serving people. Bitcoins are created by human creativity for future growth. You get it as you are catching up to the era. Bitcoin has great potential in the future
First - It is dangerous if you put all your money in it because only two things can happen: It can either increase your wealth substantially or it can zero all your assets. Hence, in this instance, you have to be wise by not putting all your eggs in one basket. You have to scatter your investments so as to divide possible losses.
Second - It is dangerous if you have Bitcoins already yet you have exposed your accounts to others. In this scenario, the security of your Bitcoin accounts/wallets is at risk of getting robbed. What is more is the fact that it cannot be easily traceable once your Bitcoins have been hacked or robbed from you.
Third - It is dangerous if your country of jurisdiction have made all possible measures to ban Bitcoins. Well, in this case, you can hardly encash your Bitcoins. Neither can you do any transactions involving it.
Second - It is dangerous if you have Bitcoins already yet you have exposed your accounts to others. In this scenario, the security of your Bitcoin accounts/wallets is at risk of getting robbed. What is more is the fact that it cannot be easily traceable once your Bitcoins have been hacked or robbed from you.
Third - It is dangerous if your country of jurisdiction have made all possible measures to ban Bitcoins. Well, in this case, you can hardly encash your Bitcoins. Neither can you do any transactions involving it.
Quote
First - It is dangerous if you put all your money in it because only two things can happen: It can either increase your wealth substantially or it can zero all your assets. Hence, in this instance, you have to be wise by not putting all your eggs in one basket. You have to scatter your investments so as to divide possible losses.
Putting all the money at a single place is always dangerous, professional investors don't practice it. Quote
Second - It is dangerous if you have Bitcoins already yet you have exposed your accounts to others. In this scenario, the security of your Bitcoin accounts/wallets is at risk of getting robbed. What is more is the fact that it cannot be easily traceable once your Bitcoins have been hacked or robbed from you.
There are few other ways to make bitcoin safe like by using cold storage, no one can access anyone's bitcoin when using a cold storage.Quote
Third - It is dangerous if your country of jurisdiction have made all possible measures to ban Bitcoins. Well, in this case, you can hardly encash your Bitcoins. Neither can you do any transactions involving it.
Yes it is dangerous when your country bans it but still there are people who can do it somehow by using VPN.
In my opinion bitcoin is not dangerous for me because its a legal not illegal so u can use it where ever you u want but theres a possibly that bitcoin us dangerous because sometimes theres a fake bitcoin that cab hack you wallet so be careful pick a right wallet for you that is very secured and safe plus dont trust free bitcoin yoy see in the internet uts fake or the bitcoin mining app or something like that
I think , bitcoin is safe.
Many country permitte bitcoin trading , but doesnt make regulation system.
It's legal in many countries....
Many country permitte bitcoin trading , but doesnt make regulation system.
It's legal in many countries....
of course not, but it's risky. I'm sure, many people accept bitcoin, and are ready to risk, but of course it's not dangerous, even that it has the potential to get you more profit
Bitcoin is a cryptocurrenvy.it's a digital currency.by using Bitcoin,lot of people overcome own proverty.lot of people benefited by using Bitcoin.
In my opinion, Bitcoin is safe.Because, it has a good security system.Moreover, transaction system is also good and safe.For those reason, Bitcoin isn't dangerous thing.
I think all the coins are the same, but the coins rank differently. The more up the coin rank is more expensive also the price, such as bitcoin is experiencing an increase in selling price. Therefore people make digital currency for investors.
Crypto currency, in fact, has only two, but very significant plus: its deflationary nature and anonymity. For the economist, the first is more important, for the average user - the second.
Bitcoin isn't dangerous. It is very safe.Bitcoin is the future of the currencies.Dangerous only for people who do not know about cryptocurrency.If you use it for good purpose than it's very safe but if someone uses for crime related activities than it's dangerous.
Bitcoin itself is not dangerous, but some fears still cause. Since it is not provided with anything, and its price is formed only by the ratio of supply and demand, this can lead and leads to its inflation as a financial bubble, which was shown by its recent rise in price to 20,000 dollars. If it is so quickly pumped, just as quickly it can be blown away. Therefore, when investing in it, you should always remember this.
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 ?
Yes it is somehow but not in so much way. I thi k bitcoin is dangerous in a sense that it is very risky when you putting some investment on it. Bitcoin is somehow a risky way of earning income or profit but good. Bitcoin can give you a higher income but of course you need to be careful in different way.
Bitcoin was created as new revolution of this era.The bitcoin is the future of the currencies.Bitcoin is give more opportunities for the future.Bitcoin isn't dangerous. It is depends from person to person.For those people who do not have any experience in trading then bitcoin is dangerous for them.
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 find bitcoin to be dangerous , what I worry the most is the web or the internet it is full of threat not just to bitcoin users, even bank accounts are being hacked online and scams victims are countlessly popping up. Bitcoin's fast transaction can also be an advantage to online thieves that's why you have to really think before you click.
for me it is not dangerous in my bitcoin for investment and transactions more secure and easy to use.
for me the bitcoin is the most profitable than my job, so I focus more on bitcoin. because seen people who invest in bitcoin from day to day very much, so bitcoin price will be better lagi.sehingga we can get better result.
for me the bitcoin is the most profitable than my job, so I focus more on bitcoin. because seen people who invest in bitcoin from day to day very much, so bitcoin price will be better lagi.sehingga we can get better result.
Bitcoin is harmless, the proof many people wear and keep it, it is legal.
Bitcoin is made for the purpose of uniting all currencies, in the sense that we can transact with anyone in any country without any limitations.
Bitcoin is made for the purpose of uniting all currencies, in the sense that we can transact with anyone in any country without any limitations.
Jump to: