If we see the price of bitcoin,it seems very dangerous as well as mind blowing to me.Dangerous means boundless in this way.
Some may think it dangerous for their losses or for the upcoming risk of bitcoin.
Actually,there is nothing dangerous in bitcoin.It is a modern currency which has made transaction easier and has given financial independence.As it is modern,Internet has been used.There was a need of making this type of currency for getting rid of the bound and regulations of banks and other authorities in the case of trading or transactions. It is better than a paper money.
Topic: Is bitcoin dangerous ? - page 62. (Read 5761 times)
Not dangerous in fact easy to carry. Not a real problem that needs a solution, but you can carry a billion dollars worth of Bitcoins on a memory stick in your pocket. You can't do that with cash or even gold.
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 dangerous at all in fact the bitcoin is really good to us. many good benefits and advantages like this following the bitcoin is decentralize that no one can controls it and second bitcoin is really rapidly changing to higher price the bitcoin price is still rising up until now and the third it is no tax like the government doing so we got freedom in this it is only dangerous in the people mind like if they used it in the bad activities and crime activities so bitcoin is not dangerous at all Bitcoin is not dangerous. I think it needs a bit of time for governments. Perhaps in the near future, most countries will accept bitcoin payment. Bitcoin can improve the efficiency of payment, it is not inflationary, it is lower than the banking industry.
Yes, your statement is good! I'm agree with your speculation. Bitcoin just needs a few times for some government to accept and make a rules and license for this!Many people make a speculations about bitcoin token or like a this token, but they are not understanding about this! Their just look from such as a fake news, but their nothing look from data. So, It's time to change your life from now with invest in bitcoin
I don't think so low inflation risk. One of the biggest problems with our current dollars and other currencies used around the world is inflation. Over time all currencies lose purchasing power at a rate of few percents per year mainly because governments keep printing more money.
Bitcoin is not dangerous. I think it needs a bit of time for governments. Perhaps in the near future, most countries will accept bitcoin payment. Bitcoin can improve the efficiency of payment, it is not inflationary, it is lower than the banking industry.
Yes, your statement is good! I'm agree with your speculation. Bitcoin just needs a few times for some government to accept and make a rules and license for this!Many people make a speculations about bitcoin token or like a this token, but they are not understanding about this! Their just look from such as a fake news, but their nothing look from data. So, It's time to change your life from now with invest in bitcoin
It can be dangerous ı mean that untraceable. This feature of Bitcoin of also attracts crime. People can buy and sell drugs and other illegal items with significantly less risk of being traced by authorities. Bitcoins in this regard are similar to regular cash which is used by criminals. This fact may bring unwanted attention from governments that will outlaw Bitcoin.
Yes I think it is dangerous because easy to lose. If your credit card is stolen or somebody hacks into your bank account there is a good chance you will not lose any money as banks will fix your balance. Even cash can be potentially recovered if the police acts fast. But with Bitcoin if you lose it you lost it for good. There is no mechanism to recover stolen or lost Bitcoins. If somebody hacks into your wallet where you store your Bitcoins you lost them for good. The best way to store your Bitcoins is on disk that is disconnected from the internet.
Bitcoin carries certain risks tther cryptocurrencies could send Bitcoin into history. Offering faster transactions, complete anonymity, storage space and other improvements could lead to lower market share for Bitcoin. If we consider the high quality of emerging cryptocurrencies, this scenario seems pretty plausible.
If the government decides to declare owning Bitcoin illegal, you may find yourself in trouble. Currently, the government stance on cryptocurrencies is not clear. And the danger is real as Bitcoin is not taxed, and is somewhat of a competition to the government issued currency. Other regulations could also make Bitcoin less attractive.
Like every investment bitcoin carries certain risks I think these risks can be dangerous for ex. High volatility
The price of Bitcoin has a high volatility. Typical 30-day volatility is around 40 percent and a 90-day volatility is close to 70 percent. These swings in value are hard to stomach for many people. Although the cryptocurrency has an up trend, it's still risky.Good currencies have low volatility, as owning unstable currency or accepting it as a form of payment becomes too risky.
Like every investment bitcoin carries certain risks I think these risks can be dangerous for ex. High volatility
Bitcoin is worldwide current virtual currency.Bitcoin use big secure system blockchain.Many people trust bitcoin.Many investor come daily for invest on bitcoin.So I think,Bitcoin is not dangerous.
nah not really I think the word is not correct maybe its Risky but not dangerous because you can lose all your assets if the price dump.
All currencies will be harmful if used to commit a crime. So most important, use the currency well, then all will be safe and will not be dangerous. For me bitcion is not dangerous but bitcoin is very beneficial for all who have it, I'm sure of it.
BTC is unpredictable but safe. Despite the full scope of collateral and being free from the influence of central banks and other financial institutions, it is undergoing speculators. Let us not kid ourselves - in principle no one can guarantee what price one coin will reach in a week, month, or six months. There are known cases of aggressive speculations - unspecified groups were able to sell their coins suddenly, drastically taking their course, and when they reached the hole - they bought them again. This is a completely normal phenomenon, which should, however, make us realize that Bitcoin is already taken seriously and is considered a way to achieve instant profit.
Technology has digitalised many daily fields , so why not to digitalised finance? For a fast, easy, and safe transferring of money through internet in a decentralised way ; and due to the high profitably that can be gained from such system, I guess , many people as well as governments would move to it .
About dangers, ( this item has been already discussed ) but I can say : bitcoin can be a useful tool for digital finance related crimes
About dangers, ( this item has been already discussed ) but I can say : bitcoin can be a useful tool for digital finance related crimes
Negative thinkers will do nothing in the future. Accept it or not Bitcoin is the future of our society and we're in 4th revolution era..people hate Change!! Seriously!! We must cater all the facts that we have now and think 10 years ahead so that you won't left behind.
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 you think it? Do you bitcoin is the most valuauble and securied coin .Bitcoin is the easiest way to send money from one to another people,But few days bitcoin suffer from hacker and many transaction were pending this time.Bitcoin now solve this problem and hope bitcoin not a danger 
Bitcoin isn't dangerous, but its very safe and anyone can use it any time without any worries. Bitcoin was created as a new revolution of this era, because before it the governments were taking huge taxes from currencies which were unbearable for some people. The Bitcoin is the future of the currencies and it is the first one that gave hope and determination to those who were worried about taxes.
It is anonymous and can be used anytime, anywhere, without any restrictions. But, it's also a fact that many criminals are also using Bitcoin to do crime related activities, but it all depends on the users not the currency itself. If you use it for good purposes than its very safe but if someone uses it for crime related activities than its dangerous.
I agree with you, bitcoin is very safe to use, and certainly very good for us to make investments, the danger of not depending on ourselves to use it, while we use for positive things, I think will produce a positive too, So I think that bitcoin is safe and harmless, we do not have to hear the news that bitcoin is dangerous.It is anonymous and can be used anytime, anywhere, without any restrictions. But, it's also a fact that many criminals are also using Bitcoin to do crime related activities, but it all depends on the users not the currency itself. If you use it for good purposes than its very safe but if someone uses it for crime related activities than its dangerous.
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 very good digital currency in all respects, so there's nothing wrong if bitcoin is made to make everyone more profitable in life. Because bitcoin is very good if for future investment. Jump to: