Is bitcoin dangerous ? - page 55. | Bitcointalksearch.org

safarabela

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Quote from: akiraminai on December 12, 2017, 08:25:15 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 made for ease of transaction in the digital world. but it also has a very big risk.

DMC_Ken

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no, because for me bitcoin is not dangerous, bitcoin are helping me and us to earn money for us and for our future and bitcoin is the one that change my whole life and people are predicting it for the future so noting to scare to bitcoin and it will never be dangerous.

spiritguardcharles

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Actually the bitcoin itself has no sign of danger but rather the activities in which bitcoin involves and has a great participation in terms of trading goods surely because it's a digital curency and it's much more safer to undergo in this kind of payment rather than meet ups which is kinda convenient.

ndoromas

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Depending on the circumstances.
It can be said to be dangerous, because chances are the corruptors will wash their money by buying bitcoin miner and mining bitcoin or other crypto currency. Wash money with long-term investments in cloud investments. Purchase bitcoin in bulk then hire big traders to play the crypto money.
But if all the above happens can be traced all the transactions, because bitcoin is very transparent in its work.

It can be said to be dangerous too, because it will invite crackers to crack bitcoin wallet accounts or market-market weak of the system, so bitcoin lost, if our country legalize bitcoin maybe we can be helped, but if the bitcoin we can only let go.

Can be said dangerous, if we are too showy and arrogant to our bitcoin wealth, we can be held hostage others to get our bitcoin.

Also this is the most dangerous, if we are too greedy to be bitcoin, so we forget to keep our health, well what is the use of bitcoin if we languish in hospital room.

fabrizoc

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Quote from: FLoving on December 15, 2017, 05:13:54 PM

Quote from: Mumbeeptind1963 on December 14, 2017, 10:04:17 AM

Quote from: KEPLER99 on December 14, 2017, 03:21:34 AM

Quote from: caloy06 on December 13, 2017, 06:49:06 AM

I think no, because bitcoin is not dangerous. How bitcoin can be dangerous? In what way is he dangerous to us? Bitcoin it is so very important for those who want to earn and rich and those who are short of wages to help their family.Bitcoin is scattered in different countries to support earn income to high quality and good standard economy in one country.Bitcoin is not dangerous if you scared about bitcoin try first before you are afraid and you know what the bitcoin and how can he help you.

I don’t really think so that bitcoin can be dangerous for someone who is having a good knowledge about the things related to that of bitcoin. If you are having enough skillset, then bitcoin can really do great wonders in the form of a very good amount of profit. Investing in bitcoin can help you in making some good amount of money which can help you in having a comfortable life.

Maybe for some people who use it in illegal transaction bitcoin will dangerous for them. But when you use it in the right thing maybe you cant feel dangerous about bitcoin. Also bitcoin has advantages and disadvantages so its depend for people how they use it.

I don’t think so that bit coin is a dangerous crypto currency. Because it is an independent currency and it is not in under control of work bank. I really don’t know why you think that bit coin is a dangerous currency, in every year almost all the currencies in the world gone down just because of inflation factor. Just because of paying high return gamblers start saying it that bit coin is not safe. It is just because of that they are trying to discourage the new investors.

In term of trading bitcoin is risky but not dangerous, It is actually depending on one’s strategy. If a person have good experience in trading then bitcoin more profitable for him but if a person do not have any experience then bitcoin can called as risky for them. Over all I think those people who are holding bitcoin can also get good profit from it, because bitcoin price is increase continuously.

Hanako

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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.

farwellbit

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Quote from: igybadger on December 16, 2017, 05:07:59 AM

Besides the inherent instability of cryptocurrencies, bitcoin has a disadvantages that come from being the 'most stable of the unstable': the risks of suffering losses is still there, and, as it is so established, it's not gonna bring you much profit either if you don't make large investment. Small, targeted investments require better multiplier, which only new coins have, as a means to sell to a wide number of people.

Bitcoin will remain as unstable for a long time and the reason is that still people are accepting bitcoin and investing their money there. I am sure that the increase in the price of bitcoin will remain for a long time and therefore there will be variation in the price of bitcoin.

In fact still less than 2% people of the world know about bitcoin, even those people who know about bitcoin still they also use bitcoin as option while still their main currency to be use is their fiat currency.

Hopeful2017

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Greentoken-invest in ecology

Quote from: akiraminai on December 12, 2017, 08:25:15 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 harmful to people who knows about it, I mean have the knowledge on the basics of Bitcoin. Yeah, each country has its own currency, but I think Bitcoin came into the scene so that people around the world will be able to use only same and unified coin.

Emerge

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For others it may be dangerous, but they can inform themselves about this phenomenon before take any action.

Green_Earth

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Why bitcoin is dangerous?
Bitcoin is a highly security system useing blockchain technology.So it's a real secure project.people feel fresh to keep money on bitcoin now Grin

javalemcgee

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Quote from: charlescoin on December 20, 2017, 03:36:38 PM

Quote from: Karakyli on December 20, 2017, 03:23:32 PM

Bitcoin is not dangerous, but investments in it are becoming increasingly risky due to the fact that a significant increase in its value does not correspond to the growth of its intrinsic value as a digital currency. However, so far no one can say how the bikoyn will behave if its price rises, say, to $ 100,000 or more. After all, the digital currency is a completely new type of currency and it is still unclear whether such a sharp rise in the exchange rate is an acceptable phenomenon for it.

Yeah we have crazy volatility and bitcoin is definitely not a safe investment, however we do notice the price seems to always recover no matter how far it crashes so yes no one knows what will happen when it reaches its natural peak.

Volatility is very common in bitcoin, it's no dangerous anymore. We need to focus on the tradig facts of bitcoin, that's way more important.

charlescoin

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Quote from: Karakyli on December 20, 2017, 03:23:32 PM

Bitcoin is not dangerous, but investments in it are becoming increasingly risky due to the fact that a significant increase in its value does not correspond to the growth of its intrinsic value as a digital currency. However, so far no one can say how the bikoyn will behave if its price rises, say, to $ 100,000 or more. After all, the digital currency is a completely new type of currency and it is still unclear whether such a sharp rise in the exchange rate is an acceptable phenomenon for it.

Yeah we have crazy volatility and bitcoin is definitely not a safe investment, however we do notice the price seems to always recover no matter how far it crashes so yes no one knows what will happen when it reaches its natural peak.

Skieleton

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Bitcoin is not a bubble that can break because it's too big. Bitkoin is a bubble that can simply be broken by those for whom it is uncomfortable.

Karakyli

full member

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Bitcoin is not dangerous, but investments in it are becoming increasingly risky due to the fact that a significant increase in its value does not correspond to the growth of its intrinsic value as a digital currency. However, so far no one can say how the bikoyn will behave if its price rises, say, to $ 100,000 or more. After all, the digital currency is a completely new type of currency and it is still unclear whether such a sharp rise in the exchange rate is an acceptable phenomenon for it.

Cr7go4

newbie

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No I don't think that bitcoin is that dangerous because it's depend upon how the user use it...if it use it for its own purpose and positively then it is good and same case if he use it bad then the result will be not good

Bancia3210

newbie

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No,bitcoin isn't Dangerous...it is a fact that bitcoins use criminals because it doesn't trace by anyone..but it also depends on people that how they use...but i think it is very awesome for every one. and this is a attractive online currency for people .and a great job for every one at home..so i thing it is not a dangerous for any one..it is also a good for every one, and also a positive online job.and gives you more and more money..

humanCNC

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Bitcoin is one of the digital money. It has many benefits and also very dangerous. The danger of it depends on the user. If the user is not careful then they can lose everything. It is very dangerous if you turn all your money into bitcoins.

JimmieA

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Quote from: akiraminai on December 12, 2017, 08:25:15 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 ?

Your use of btc or crypto in transactions is not controlled by anyone and that is what people initially wanted in btc and crypto. After btc was invested and raised, it made a big profit for btc owners right from the start, and then people started to pay attention to it from the investment in crypto.And now they use btc mostly for investment.

Robert Ryan

newbie

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Dangerous in what sense? It is not dangerous. But your investment decision can be dangerous. Invest wisely. Don't be too greedy in investing bitcoin.

ateebshaikh290

member

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I donot think that bitcion is dangerous or it can be dangerous, it is a online network based currency which was made to facilitate peoples in a easier and a good way which has many advantages. It is a digital currency that have been affecting life positively

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