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Topic: Is bitcoin dangerous ? - page 58. (Read 5761 times)

member
Activity: 406
Merit: 10
December 20, 2017, 04:24:56 AM
Bitcoin is not dangerous,to me is just a normal currency  as to the way i see other currency  because it has really help me a lot,push my financial problems.
full member
Activity: 224
Merit: 100
December 20, 2017, 04:19:12 AM
Bitcoin prices have fallen below $ 16,500 during the last hours due to the recent news from Japan and a tweet that a trader mentioned in a crypto money market is constantly selling.
You can decide whether it is dangerous or this is risk?
full member
Activity: 210
Merit: 117
December 20, 2017, 04:16:34 AM
Bitcoin is not dangerous although this is decentralized we are not sure if it is stable.Many people doubt in bitcoin because there are some country that banned it and did not legalized.But I dont think so if it is dangerous ,its really helpful in our economy it can reduce poverty if we work on it.Digital currency is next to our fiat in the future.
member
Activity: 280
Merit: 10
December 20, 2017, 04:03:36 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 ?

What bitcoin has today is the thing that do not have those currencies you had been mentioned. And it is not in the secret place how bitcoin is better compare to all cryptocurrencies.
full member
Activity: 448
Merit: 100
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December 20, 2017, 03:57:27 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, it is as simple as the reason why people created coins, and then paper money, and that is because of convenience, bringing lots of money with you gives you this feeling that you are not safe, security is such a big issue when it comes to our properties and money, and that is why people created cryptocurrencies, because of security and convenience. That is what I think.

Yes, I agree and it is actually to change the system of centralized way of monetary system. I think he was doubting the existence of bitcoin since we have a lot of currencies,  thinking that it is not necessary anymore to create new currency? But it was not just like the other in which you are bounded by the government and any other banks but this crypto isn't like that, it's decentralized and anonymous and it makes your money more secure because of that, you're controlling your own money.
hero member
Activity: 756
Merit: 505
December 20, 2017, 03:52:51 AM
bitcoin is not dangerous. it just has some hard ups and downs. which is why the strengths are now few. Soon the states will make the necessary arrangements for the bitcoin. it will reach a certain legality. will go into the systems of existing banks. this process is transient, although transfer fees and time are difficult.
newbie
Activity: 546
Merit: 0
December 20, 2017, 03:50:01 AM
bitcoin is not dangerous, but some people or a group of people used bitcoin
for crime or drugs transaction, its make image of bitcoin is bad
newbie
Activity: 32
Merit: 0
December 20, 2017, 03:45:17 AM
There are a lot of ways to interpret this question

Dangerous in what way?
a. that your money can get lost thru loss in investing?
b. that your money can get lost thru hacking?
c. or that you might get scammed?

there are different types of risks in different types of investments
1. as for example in investing on bitcoin - you can lose your money if you will not be good in decision making on whether you are going to hold on to your coins for larger value or sell it to cut your losses if the price of it goes down.
2. your coins are in danger if you will not be responsible in keeping your private keys on your own. there are a lot of hackers in this cyber world.
3. you are also in danger from scammers who will try to fool you to get your coins from you.

The use and safety of this crypto currency lies on the hands of its users

 
newbie
Activity: 13
Merit: 0
December 19, 2017, 10:18:34 AM
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.
hi and welcome to bitcoin Smiley

Bitcoin basically involve risk which is somehow considered as dangerous so the Biggest Risk of Investing in Bitcoin is it’s instability. You do not know, whether you are going to get huge profit or huge loss.

Definitely people are making really good profits out of BTC trading / mining. But still you never know when this Bitcoin bubble will burst and your all investment goes to ZERO.We know that Bitcoin platform is the bed of roses, but the reality is quite different. Bitcoin has a lot of risks as well. but it depend upon the user that how it take it .

so overall its not dangerous,its all opposite as bitcoin changed finances of many people on the good side.
 
thankyou Smiley
full member
Activity: 392
Merit: 101
December 19, 2017, 10:14:37 AM
Wow how you can say that bitcoin is dangerous? of course not, it is all the opposite.
Bitcoin has improved a lot of lifes in here, and i am sure that a lot of people have changed all their finances in a good side. So why would it be dangerous? of course not, it is all the opposite..
Your opinion is very true once and I agree with your opinion, that bitcoin is not very dangerous even bitcoin always improve many lives of people including myself.
sr. member
Activity: 413
Merit: 250
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December 19, 2017, 09:49:50 AM
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.
hero member
Activity: 1918
Merit: 564
December 19, 2017, 09:47:04 AM
I believe Bitcoin is not dangerous, it is this scam company that makes Bitcoin a dangerous field to play plus the fact of being ignorant and not knowledgeable about Bitcoin and its environment.  I believe we should always research first before investing into something.  Bitcoin is really safe and secure but these company that take advantage of people's ignorance make bitcoin look like a scam to the eyes of people who really do not understand Bitcoin.
newbie
Activity: 35
Merit: 0
December 19, 2017, 09:19:00 AM
it depends on the user. If a person makes a mistake using bitcoin it will be dangerous. Especially with the scammer that makes the hype site you can earn on the first one and sooner you will not be aware that your capital is no longer growing or gone in that investment. Gambling online can be considered dangerous because there are so many addicts here that sometimes cause stealth and bitcoin gain and money.so be careful about the need for this kind of field.
hero member
Activity: 1246
Merit: 529
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December 19, 2017, 09:02:12 AM
Bitcoin popularity is increasing within it criticism alongside. All of us want to get involve with it, being aware is the key. Investing on it is like a gamble we must prepare our self to loose.

That's the danger in it but the danger goes for any kind of investment. No guts no glory as they say. The people who aren't afraid to take risks are those that end up being most successful. And your risk shouldnbr backed up by research and studies also
member
Activity: 154
Merit: 16
December 18, 2017, 01:59:00 AM
Bitcoin popularity is increasing within it criticism alongside. All of us want to get involve with it, being aware is the key. Investing on it is like a gamble we must prepare our self to loose.
full member
Activity: 237
Merit: 100
December 18, 2017, 12:08:40 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 ?

actually bitcoin is future currency that every people will recognize bitcoin unlike now some of people don't know yet about bitcoin but here in our country it i think so many people dont early know about bitcoin maybe after 2 year or one year. We know bitcoin is easy to use and earn unlike to the regular work they do and also fast transaction. How come that bitcoin is dangerous if bitcoin helps everyone who use it, it also gives hope to everyone to change their life. So all we need to is trust bitcoin.
full member
Activity: 220
Merit: 100
December 18, 2017, 12:07:03 AM
Wow how you can say that bitcoin is dangerous? of course not, it is all the opposite.
Bitcoin has improved a lot of lifes in here, and i am sure that a lot of people have changed all their finances in a good side. So why would it be dangerous? of course not, it is all the opposite..
full member
Activity: 392
Merit: 101
December 18, 2017, 12:05:41 AM
If you look at the total cap of bitcoin and the number of users joining every day it is only going up. Is it dangerous? Yes if all your savings are in it:)
I do not think bitcoins will be harmful unless they are themselves created using harmful bitcoins.
member
Activity: 299
Merit: 10
December 18, 2017, 12:04:53 AM
Bitcoin is harmless. you think it takes a little time for the government. Maybe in the near future, many countries will receive bitcoin payments. Bitcoin can improve the efficiency of payments, not inflation, it is lower than the banking industry. Because this is the future Who would want their currency type easily lost and will become wet when you carry around? But digital currency needs internet though.
member
Activity: 354
Merit: 11
December 17, 2017, 11:55:41 PM
No, it's not dangerous because as we can see there are many bitcoiner who are now successful and have a stable living because of it. Even the price is easy to move ups or downs, we can not say that bitcoin is dangerous.
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