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Topic: Is bitcoin dangerous ? - page 53. (Read 5761 times)

jr. member
Activity: 182
Merit: 1
December 25, 2017, 05:33:45 PM
Bitcoin is not dangerous... The dangerous one is the person who use them....
.....WELL bitcoins can do nothing themselves they need someone to move them... Aren't they?
member
Activity: 126
Merit: 25
December 25, 2017, 05:21:01 PM
Bitcoin is not just a currency , it is a way to express and practice freedom since it has provided what many governments weren't able to provide for their people or deprived them from such as respectively jobs and secrecy . People are being watched by their governments in each step they make and especially in what they put their money in , bitcoin came to stop that and give some freedom , secrecy and anonymity for people .
hero member
Activity: 648
Merit: 502
December 25, 2017, 05:15:14 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 ?

The title is a bit confusing than in the opening.
If you are asking if BTC is dangerous then it will always depends on its uses. Even the US dollars is really dangerous when it is use to fund terrorism. In the case of uses, you will endanger your life if you are using BTC in a country where cryto are prohibited and of course if you are engage in deep web activities or you are scamming people using BTC, it is dangerous.

If you are asking why it is made my answer is the world is getting digital. Look at the inefficiency of mails in the 90's and the manual sending of information back then. Of course someone will always create a digital money to be suited in this era.
And as to how BTC is created its features are really outstanding because it can give so much freedom and freedom must be given to people specially when in terms of financial value.
legendary
Activity: 1596
Merit: 1034
December 25, 2017, 05:06:42 PM
Bitcoin is not dangerous if we understand how to manage it. Which makes bitcoin a dangerous is to invest without thinking about the future risk of how because all investments must have different risks
member
Activity: 79
Merit: 60
December 25, 2017, 03:10:13 PM
It is not dangerous to be dangerous only if people are struggling to sell homes, cars to invest in bitcoins, and if the system falls and loses money it can be bad for them
newbie
Activity: 84
Merit: 0
December 25, 2017, 02:52:28 PM
No. 

Because the number of bitcoins is capped, I just don't see the total value of bitcoin becoming big enough to have macroeconomic effects. 

And it's no way the most dangerous thing ever invented.  Unregulated subprime mortgages and credit derivatives were far more destablizing and dangerous than I can imagine bitcoin ever being.
member
Activity: 364
Merit: 17
December 25, 2017, 02:46:42 PM
Bitcoin is not dangerous. Currently bitcoin is growing very well, and no one will be harmed by bitcoin. Very much advantage in using bitcoin, we can make transactions between countries very quickly and easily. In the near future the world will accept the existence of bitcoin as a legalized digital money.
full member
Activity: 218
Merit: 100
December 25, 2017, 02:24:00 PM
It was actually created to cover the international transaction fee, and for saving time and for the anonymity. Sadly now all three are missing.
member
Activity: 235
Merit: 16
I-CHAIN - The Revolution of Digital Advertising
December 25, 2017, 02:03:50 PM
It is not dangerous. It's the person who does not do any good and can actually do harm to everyone.

If the person ever committed something that is illegal and/or something that is against the law, bitcoin is not to be blamed but the person itself. Because somehow it is all in the mind of the person, like on how will he manage to utilize the usage of Bitcoin.
newbie
Activity: 42
Merit: 0
December 25, 2017, 01:53:31 PM
The very danger of this started: Dangers are often screwed up to the end.
full member
Activity: 294
Merit: 101
December 25, 2017, 12:49:04 PM
as technology develops many scientists who research and discover many new things, such as bitcoin, the fact that bitcoin makes it easy for everyone to make transactions and investments, this will make many people interested when you see the potential for bitcoin is so great,
hero member
Activity: 2128
Merit: 520
December 25, 2017, 12:48:50 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 ?

Each country has its own currency to facilitate transactions locally. Indeed many coins in the digital world but will not be able to shift Bitcoin. Bitcoin is the most popular and highest crypto currency. so do not worry too much about it.
Bitcoin already proven its usefulness I terms of digital currency, as we seen a lots of people now already adopting in this new payment process those who works online are able to take advantage it won't affect local fiat as its uses online though it can be exchange locally risky indeed but for those who understand they are taking advantage from this system.
jr. member
Activity: 386
Merit: 1
December 25, 2017, 12:44:29 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 ?

Each country has its own currency to facilitate transactions locally. Indeed many coins in the digital world but will not be able to shift Bitcoin. Bitcoin is the most popular and highest crypto currency. so do not worry too much about it.
newbie
Activity: 29
Merit: 0
December 25, 2017, 10:46:34 AM
Hmm, dangerous maybe is not the right word. Yes ofc is a risk in the middle
hero member
Activity: 2520
Merit: 783
December 25, 2017, 10:35:02 AM
Bitcoin is really dangerous if you don't have any knowledge about bitcoin and how the things work here because you need to educate yourself first before going into or jumping into bitcoin because bitcoin is too risky and it is riskier than the stock market since it can be manipulated by news or even money so it is better to be prepared before jumping.
sr. member
Activity: 714
Merit: 250
December 25, 2017, 10:21:47 AM
Bitcoin is safe not dangerous if we really talk about dangerous i cant see features of bitcoin that can proved that it is dangerous type of  currency.I believe bitcoin is really safe and it is not dangerous because i see the good feedback from its believer and its user from the past untill this time maybe some people think that it is dangerous because of its unstable price we  can really get loose if we are not lucky but i think it is depending on a decision that we made.
full member
Activity: 504
Merit: 100
December 25, 2017, 10:18:45 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 ?

Why would bitcoins be dangerous in the first place anyway? Bitcoins are just decentralized, anonymous, and easier to deal with. It is the bad people who abuse the power of bitcoins are thr bad people like money lauderers and drug dealers who make things easy with bitcoins.
newbie
Activity: 42
Merit: 0
December 25, 2017, 10:14:56 AM
Yes i agree to saftention, why dangerous? Bitcoin is easy to use and we can get profit from it.
member
Activity: 95
Merit: 10
December 24, 2017, 06:39:56 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 ?

dangerous for who ? few countries only ban bitcoin and will be in person if you use bitcoin.

bitcoin is easy and fast to send only make high fee and will be in safe place.
FRJ
member
Activity: 280
Merit: 15
The Worlds Most Advanced Distributed Computer
December 24, 2017, 02:21:49 AM
Why have you been defining bitcoin as dangerous? Why it would be so?No,bro.It's not like that.It has made only for easier transactions. It has given us the most wanted financial freedom.It has given us the chance to get rid of the rules of banks and third parties as well.Isn't it better than a paper money which will get wet in the touch of water??It is a digital currency and is making us modern.It is play good role in eliminating unemployment problem.The price of it is rising and this is profitable for us.

So,bitcoin is not, was never dangerous. Rather it has brought many good to us and made us modern.
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