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Topic: Is bitcoin dangerous ? - page 54. (Read 5761 times)

newbie
Activity: 70
Merit: 0
December 24, 2017, 12:15:21 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 ?

There are not too many cuurencies in ech country though their are many countries whose currency is badly inflated and almost worthless compard to Bitcoin. That is why people every where want a piece of BTC
member
Activity: 336
Merit: 10
December 24, 2017, 12:11:57 AM
Every investment have a risk
Thats how your perfection
member
Activity: 168
Merit: 10
December 24, 2017, 12:11:05 AM
If you have a good amount of knowledge about bitcoin, then it's not dangerous. Obviously its dangerous for a person trading in bitcoin without any knowledge.
member
Activity: 103
Merit: 10
December 24, 2017, 12:00:32 AM
No bitcoin is not a dangerous it is a very secure coin
full member
Activity: 175
Merit: 100
December 23, 2017, 11:57:30 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 is a consensus network that allows new payment systems and new money entirely digital. Bitcoin is the first decentralized peer-to-peer payment network that is fully controlled by its users without central or intermediary authority. From the user's point of view, Bitcoin is similar to money in the internet world. Bitcoin can also be seen as the most prominent recording system currently available.

Bitcoin is the first implementation of a concept called "cryptocurrency", first described in 1998 by Wei Dai on the cypherpunks mailing list, showing the idea of ​​a new form of money that uses cryptography to control manufacture and transactions, instead of using centralized authority. The first Bitcoin concept and proof of concept was published in 2009 on a cryptographic mailing list by Satoshi Nakamoto. Satoshi left the project at the end of 2010 without much to say about him. The Bitcoin community is growing rapidly as many developers work at Bitcoin.

Satoshi's anonymity often raises false concerns, largely due to a misunderstanding of the nature of Bitcoins-based open source. BItcoin protocols and software are published and developers from around the world can review the code or create their own modified version of the Bitcoin software. Like the current developer, Satoshi's influence is limited to some of the changes he created and adopted by other developers, and he does not control Bitcoin. Thus, finding the identity of the inventor Bitcoin is now like finding the identity of the inventor of the paper
newbie
Activity: 15
Merit: 0
December 23, 2017, 10:39:57 AM
dangerous if used to do things that are not good, for example to sell drugs with bitcoin ..
but it goes back to the man again, like a sword, it would be useless if humans did not use it, for example to fight ..
it's the same as bitcoin, the harmless bitcoin as long as the bitcoin does not do anything harmful to others ..
sr. member
Activity: 726
Merit: 251
December 23, 2017, 10:26:50 AM
If I bitcoin is not dangerous when bitcoin is very good for us, and many good benefits and advantages. There is a rumor that no one can control it and bitcoin really quickly turns into a higher price. Cool
newbie
Activity: 140
Merit: 0
December 23, 2017, 10:01:17 AM
Bitcoin is not dangerous bcos we do btc no need many times, eventhough we do btc is not difficult but we can earn big money
full member
Activity: 308
Merit: 101
December 23, 2017, 09:54:16 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 everything is risky and bitcoin is no exception if you have invested in bitcoin, you have to accept the risk can happen but I think with bitcoin the risk is very low so you do not worry too much there.
full member
Activity: 336
Merit: 121
December 23, 2017, 09:52:26 AM
Bitcoins is not dangerous.Bitcoins are made for purpose and for a reason and its not just made for fun or just trips of the developers.The asset is made to help people for more convinient type of spending money online and offline,it is not dangerous at all.its just safe
yea there is no such issue that we can say that bitcoin is dangerous but according to my view bitcoin is very useful for all world because its a crypto currency and it is easily changeable to any other currency and if you have bitcoin in your wallet then you can use it any where in the world. And hopefully in future bitcoin will become the unique currency of the whole world in future.
sr. member
Activity: 1484
Merit: 276
December 23, 2017, 09:48:48 AM
Bitcoins is not dangerous.Bitcoins are made for purpose and for a reason and its not just made for fun or just trips of the developers.The asset is made to help people for more convinient type of spending money online and offline,it is not dangerous at all.its just safe
jr. member
Activity: 224
Merit: 3
December 23, 2017, 09:36:05 AM
Bitcoin cannot be dangerous. in fact it can be generous to those who need an extra income
Bitcoin is secured and no monopolizing on it.
full member
Activity: 129
Merit: 100
December 23, 2017, 09:34:59 AM
Risky, this is the right term to describe bitcoin. But this common in bitcoin, you must learn how to handle risk intelligently.
member
Activity: 280
Merit: 10
December 23, 2017, 09:31:50 AM
I agree with some members of the forum that bitcoin, as well as altcoyins, can be dangerous for people new to cryptography. To invest, you need to first explore the topic of the crypto currency.
legendary
Activity: 1148
Merit: 1048
December 23, 2017, 09:31:19 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 ?

Well, why would we need more than one currency period then LOL?

while there are some actual digital fiats (ACH /SWIFT funds), there is always the deal of conversion rates. if you have ever tried to purchase something denominated in another fiat (buying something in pounds, for example) its subject tiiitakes a fee. in this increasingly global economy, having a common currency that doesnt rely on a gov is a great idea. and so much faster,it takes a least a day for transaction like to resolve with a cc/debit.
newbie
Activity: 78
Merit: 0
December 23, 2017, 09:21:35 AM
Bitcoin isn't dangerous if we just know what were doing.
 just be careful especialy to those scammer's.
sr. member
Activity: 588
Merit: 251
December 23, 2017, 09:14:23 AM
Perhaps it is dangerous, because every anything in do there must be risk looms over, so also with bitcoin that is the digital, surely there are quite a lot of the risk of in it, but all back to us as users to be careful and should be wise man in the use of her because of the greatest risk is we experience of one of her in cause for indiscretion we
legendary
Activity: 1218
Merit: 1000
December 23, 2017, 09:06:45 AM
Bitcoin is not dangerous especially when you know how to transact and deal with it. It has a positive since its less hassle . We much overlook bitcoin in a positive ways not in negative. It has many benefits that we can save and earn more from it.Just trust with bitcoin and you will have benefit from it.
as you say. of course bitcoin is not dangerous, especially if you use it just to enlarge your business.
actually, bitcoin can also be used for dangerous things, but I think it's been reduced. bitcoin has better functionality than that.
copper member
Activity: 490
Merit: 2
December 23, 2017, 09:02:25 AM
Actually not,because BITCOIN is not dangerous it is rather risky.I would say that one should invest that much which he can bear if he loses it.People consider it dangerous on the basis of its frequent alterations,one don't know whether he will earn profit or would loose everything .  
member
Activity: 120
Merit: 10
December 23, 2017, 09:02:14 AM
I think it depends what you understand within dangerous ? Bitcoin can die yea , if this is what you are afraid of but the blockchain technology will survive no matter what.
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