Is bitcoin dangerous ? - page 59. | Bitcointalksearch.org

benmartin613

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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 was made due to the recession that took place in US and widely affected the whole world and people lost jobs due to this, banks were closing and financial stability was down, satoshi nakamoto decided to create an online money system which is decentralized and cant be control by government just like the US dollar.

tanjiran

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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 ?

there is cause for effect. the world has changed, now the digital era has begun to touch all areas. and the existence of cryptocurrency is a money innovation in the digital world.
You have also mentioned the purpose, to speed up and simplify the transaction. in addition, bitcoin can also be used as an investment and commodity that can be traded with a very high price. this advantage makes the bitcoin ideal for the future.

wearepoor

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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:)

Mazda17

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Quote from: kingragnar on December 12, 2017, 09:05:49 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.

Good thinking and I agree with your thoughts.
I do not think bitcoin is a hazard in any case because the bitcoin is in my view always generating and profitable for many people including myself, except those people who make themselves dangerous in using the bitcoin.

MWesterweele

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Quote from: josephpogi on December 17, 2017, 08:31:13 PM

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 ?

Of course all things is dangerous it is up to you if you believe that bitcoin will not die but i think youre right bitcoin is a dangerous things because no one can predict when the bitcoin will end because many people says that bitcoin id only a bubble hole that it wont happen.

Thing are dangerous when you dont know what your doing, also in bitcoin you can lose your money when you dont have knowledge about it. So is better before you start you have basic knowledge about cryptocurrency. Also the other dangerous thing in bitcoin is in the storing your bitcoin in wallet because some wallet are can hack by hackers.

Denamen

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Chainjoes.com

As you can see, the Internet is more popular now and there are many issues with fiat money in the economy. People need a kind of money is independent of Government and Banking system. They need fast transaction with low fee. They want their transaction payment is anonymous,..so on. Therefore, they invent Cryptocurrency.

ipanks

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as long as we can use bitcoin for good things then bitcoin is not dangerous. maybe the danger is because bitcoin price is too volatile so this makes people too afraid to invest their money that if they know that is the beauty of bitcoin, then they will not afraid. if we use bitcoin as the investment then we need to know that bitcoin has a risk and some of us will say that every investment is dangerous.

jancukiyah

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Well, that sure any reason why satoshi create bitcoin for all the peole. You should take your time to understand it, read all the information about bitcoin, example at bitcoin.org. There's so many information to answers you question.

Ronyx

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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 makes transactions easier in the digital world. standard only, do not just be taken from one negative thought. If this is easier why not.

dantheman666

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Dangerously famous you mean lol. People say bitcoin is dangerous because they don't know how bitcoin works. Bitcoin is safe for me.

anjaydut

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It is considered dangerous when we do not get enough knowledge and think to do abuse.
Just as we hold a knife, if we use it just to peel a mango if it includes dangerous things? Of course not.
But if we think evil that a knife is a sharp object that if we want we can use it anytime to stab people, is not that a bad thing Undecided

So let's just say that bitcoin is a trust that we should use to the best of things.

Powerman001

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danger? well, if you do not have bitcoin for your future. you will work hard to get bitcoin in the future because the price will continue to soar. especially after the government legalize bitcoin. then everyone is gonna invest heavily into bitcoin. so there is nothing dangerous in bitcoin if you have bitcoin.

josephpogi

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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 ?

Of course all things is dangerous it is up to you if you believe that bitcoin will not die but i think youre right bitcoin is a dangerous things because no one can predict when the bitcoin will end because many people says that bitcoin id only a bubble hole that it wont happen.

goaldigger

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youve already said it . Maybe Mr. Satoshi Nakamoto built bitcoin to make all countries unite with only one currency. It could be easier if those different currencies with different values and exchange rates has BITCOIN which makes them one. I dont think any danger about this but rather see an opportunity in the future where all countries unite in a single digital currency.

Harley Quinn

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Bitcoin is very dangerous. Once it killed me.... But then I respawned. xP

Bitcoin is not a danger people are. Things are usually not a danger rather people are and if something is dangerous like something shard then someone will make it more dangerous.

virendarnagpal

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Bitcoin is anonymous asset; it was created for safe secure fastest cheap payment mode; and if some one has knowledge about the currency and about the management of his accounts it is very safe and there is no danger in using it but if in case the person has not good knowledge about the passwords security and account transaction related precautions then in that case it may become dangerous for him and may be he may loose his money. Also end use determines whether the currency is dangerous or not. If criminals ; smugglers; drug mafias; terrorists use this currency for illegal activities then definitely it will be very much dangerous.

UchihaRukawa

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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 ?

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.

dess07

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Bitcoin is not dangerous,it is very safe and useful to us.And also helps to our family.

bololord

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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 ?

Yes no doubt that bitcoin is very dangerous but i think if you'll see the volume market of bitcoin and also all cryptocurrench i think no one can destroy it so i can say that bitcoin now is safe than before but get mofd knowledge before you enter in the world of crypto.

ramayor

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Bitcoin is not dangerous and will never be depending on the one who uses it. It has this completely transparent trading system. It's anonymous, no one will know you. Everyone can invest here. It is digital so just be beware of expert hackers everywhere on the internet.

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