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Topic: Is bitcoin dangerous ? - page 52. (Read 5761 times)

sr. member
Activity: 363
Merit: 250
December 28, 2017, 11:02:11 PM
no, bitcoin is not dangerous, because bitcoin are helpful it helping us for our needed and for our family needed, and people are predicting to bitcoin in the future and it will never dangerous at all.
newbie
Activity: 56
Merit: 0
December 28, 2017, 10:54:13 PM
BTC would be dangerous for whom considers it as gambling and gamble their money away by trading.
newbie
Activity: 32
Merit: 0
December 28, 2017, 10:51:47 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 ?

I think that bitcoin is not dangerous at all, if you can see all people are still getting the demand for bitcoin, earning money, profits etc. And still they're investing. Bitcoin is the new generation of money, so people do know that this is legit currency. Danger will be provoke by scammers online.
member
Activity: 406
Merit: 13
December 28, 2017, 10:50:56 PM
Bitcoin itself is not dangerous. You just have to conduct your own research in order for you not to be scammed and decide whether to invest in bitcoin or not. People just view it dangerous because they don't have enough information on bitcoin yet.
 

member
Activity: 378
Merit: 10
December 28, 2017, 10:47:26 PM
I don't think so if Bitcoin is dangerous,base on my own opinion as I understood about this kind of work Bitcoin is a friendly user as we took its look like dangerous if we will use this in bad transaction in any of order,still we need a extra carefull by using this,we need too ask anybody that knows about this to have a functionable idea
hero member
Activity: 868
Merit: 535
December 28, 2017, 10:45:02 PM
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.
full member
Activity: 434
Merit: 100
December 28, 2017, 10:32:58 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 transaction is not fast but decentralized and anonymous.
actually bitcoin is not dangerous and can be dangerous if bitcoin holder can't handle their security to keep their wallet safe
member
Activity: 168
Merit: 10
December 28, 2017, 10:22:48 PM
Just like any other investments, it takes risk. Everything good always takes risk. If it is too good to be true, it would be a scam. My suggestion is to do research about Bitcoin so that you'll have first-hand knowledge and you'll know what to do with you money. If you're going to buy Bitcoin or not.
full member
Activity: 266
Merit: 100
Partner of UBER GRAB GOCAR
December 28, 2017, 07:46:00 PM
No, i believe btc is not dangerous, not until your wallet hacks or trading sites hacks by someone else
You can only keep your Bitcoin so safe though, the protection that you have when you put that on a wallet can only give the hackers more time to try to attack the thing.
member
Activity: 115
Merit: 10
December 27, 2017, 03:02:56 PM
I think bitcoin is just a currency and it's not gonna be dangerous for you except you're using Bitcoin for the dangerous purpose.
member
Activity: 197
Merit: 16
December 27, 2017, 10:15:18 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 ?
I think you are the one who makes it dangerous for some reasons because bitcoin has great features that enables us to have our financial freedom and the independence on how we are going to handle our bitcoin properly. Bitcoin is not dangerous for me instead the ways and the manners being done here by the less knowledged people makes it a dangerous for us.
member
Activity: 254
Merit: 10
December 27, 2017, 10:12:32 AM
for some people who do not understand about bitcoin argue very dangerous but for some people who already understand bitcoin is very useful to increase income personally and useful for world economic growth in the modern era of all-digital
jr. member
Activity: 154
Merit: 4
December 27, 2017, 10:03:36 AM
Bitcoin isn't dangerous its profitable day by day mate .
member
Activity: 308
Merit: 10
December 27, 2017, 09:50:00 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 ?
I think Bitcoin is not dangerous but it's a lot of risk because there are so many people who want to control the bitcoin market. If you make wise decisions then this will be the opportunity to become rich.
hero member
Activity: 812
Merit: 500
December 27, 2017, 08:11:05 AM
Bitcoin is not dangerous, it is useful for all of us. Bitcoin make life easy and every citizen use bitcoin because bitcoin give them easy way to use the amount transfer and also give them a idea to earn money from bitcoin.
member
Activity: 120
Merit: 14
December 27, 2017, 08:00:07 AM
Bitcoin itself is not dangerous it just depends on how you will use and facilitate it. Just like fiat money, bitcoin is sometimes use as payment in illegal and wrong doings specially in dark web. And if you're saying that it's a dangerous investment, almost all kind of investment have their own risk so they're dangerous in their own ways. You just have to be knowledgeable and be wise on how you circulate your investment.
sr. member
Activity: 560
Merit: 250
December 25, 2017, 06:14:00 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 ?
It is not dangerous, it is only risky because Bitcoin is volatile in nature. adigital currrncies are currencies that you've mentioned which is used through internet. It has advantages such as fsdter transactions and when it comes to Bitcoin, its market value is continuousoy growing which makes it profitable as a currency and as an investment.


Everyone makes a new alt because it will generate profits and have a price that will be equivalent to Bitcoin.
newbie
Activity: 98
Merit: 0
December 25, 2017, 06:11:56 PM
People saying Bitcoin is dangerous those are ignorant less informative,Bitcoin is not dangerous it give us financial freedom that we can carry it anywhere in the world sooner Bitcoin will be legalize by the government but the government cannot own it.
member
Activity: 305
Merit: 10
December 25, 2017, 06:05:12 PM
No, i believe btc is not dangerous, not until your wallet hacks or trading sites hacks by someone else
full member
Activity: 518
Merit: 100
December 25, 2017, 06:00:08 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 ?
It is not dangerous, it is only risky because Bitcoin is volatile in nature. adigital currrncies are currencies that you've mentioned which is used through internet. It has advantages such as fsdter transactions and when it comes to Bitcoin, its market value is continuousoy growing which makes it profitable as a currency and as an investment.
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