Pages:
Author

Topic: Is bitcoin dangerous ? - page 65. (Read 5761 times)

member
Activity: 128
Merit: 10
December 14, 2017, 01:26:53 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 dangerous because there are so many supporters here at bitcoin. Bitcoin is been a long time , until 2010 until now, why you will say that it id dangerous? Bitcoin is the safest online job, no one can banned  bitcoin because there are so many supporters at bitcoin. Bitcoin is very important for the people who want to earn more and become rich.
newbie
Activity: 84
Merit: 0
December 14, 2017, 01:21:14 AM
In my opinion, bitcoin is harmless, depending on the user for what bitcoin functions, if only transact to positive things that I think are harmless. Smiley
sr. member
Activity: 574
Merit: 256
December 14, 2017, 01:14:09 AM
Bitcoin represents the new era in financies and payments. It's new technology, new alternative to traditional financialy system, that is how I see it. Bitcoin itself is not dangerous. Maybe it could be if you use it for illegal activities or if you get addicted to bitcoin gambling so you lose a lot of money. So, it's dangerous only in sense of risk especialy for individuals without enough knowledege how it's functioning, can't think of anything else.
It is a source of income for a lot of people and money will be safe if will be invest in bitcoin. it has high price as well because some people think that the changing of price makes bitcoin dangerous and it is wasting a lot of time and money but it is not like this bitcoin has a lot of profit for the users and it will grow your investment as fast as you want but for this you will need some experience and information.
sr. member
Activity: 552
Merit: 250
December 13, 2017, 11:26:14 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 you are right that each country have there own currency the tangible money so the question is why digital money or cryptocurrency is existing just because in the future cryptocurrency is super useful and we called it we have one world currency that in any country you can use your bitcoin to pay and to transact, and if you are using bitcoin in ilegal of course its dangerous but if you are using in a right way of course its useful.
hero member
Activity: 1568
Merit: 502
December 13, 2017, 09:50:23 AM
I personally think that Bitcoin is invention of last 100 years and blockchain is of last 1000 years. But people still don't have understand what is Bitcoin exactly. Without proper information taking dive into decentralized platform which is open source and open for everyone, can make equity loss. 

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 making peer to peer transactions, as something which is in form of digits which, can be used to make transaction electronically.

Here are some of specifications of bitcoins

# bitcoin payment is anoymous
# bitcoin is decentralized
# bitcoin is not issued by any
# nobody can increase total supply of

This all feature make it different than other currencies that exist and more attractive too. It gives financial freedom.

Additionally. Bitcoin is a form of digital and virtual currency which can be accessed electronically only and also can be generated by contributing hash power required for mining to verify transactions and to keep blockchain alive. Mining is an open source process of generation of Bitcoins with proof of work.


sr. member
Activity: 630
Merit: 258
December 13, 2017, 09:34:11 AM
For me No, bitcoin is not dangerous in all aspects. In fact bitcoin helps every people who invest with them to secure that there will be great for them.
Bitcoin provides excellent quality service and accredited by the government; from this I doubt if bitcoin is going called again dangerous.
full member
Activity: 728
Merit: 101
December 13, 2017, 07:24:51 AM
# bitcoin payment is anoymous
# bitcoin is decentralized
# bitcoin is not issued by any
# nobody can increase total supply of

This all feature make it different than other currencies that exist and more attractive too. It gives financial freedom..

I agree with you, a very trustworthy conclusion. Bitcoin gives us real freedom, money is only a shackle in our lives.
sr. member
Activity: 490
Merit: 258
December 13, 2017, 07:10:58 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 ONE thing in this world that only smart people will understand, that thing is called REVOLUTION... I am not wondering why you were wondering though. We are sick and tired of the FIAT scam, there is really no gold reserve at all... the government was never transparent with the money and with its REAL value. But fortunately, BITCOIN is... and that what makes it special.
full member
Activity: 266
Merit: 102
December 13, 2017, 07:10:27 AM
on my own opinion bitcoin is not dangerous and a lot of people would trust in bitcoin because it's help to our daily needs and all expenses. more countries was accepted bitcoin because it's better to the future of people who work in this forum. but in other countries some governments was against to bitcoin like they said that bitcoin is scam and it's lead to corruption. but for me, no, bitcoin is not scam because many people who trust and support in bitcoin and get more earnings. bitcoin is a job that we need to pay attentioo to work and be a good bitcoiner to know the changes and updates of bitcoin.
sr. member
Activity: 2338
Merit: 273
DGbet.fun - Crypto Sportsbook
December 13, 2017, 06:57:06 AM
Dangerous if unregulated and movement becomes very wild, unusual volume increases increase the potential of bitcoin to "bubble" in the future, bitcoin is also dangerous if the crypto hyip business circulation is much more than others so it has the potential to make fiat Inflation in a country and bitcoin will be negatively affected because of the ignorance of many people who generally regard the crypto currency with negative thoughts.
sr. member
Activity: 1344
Merit: 261
December 13, 2017, 06:56:39 AM
First of all bitcoin is not dangerous because if you take time to study and understand what really bitcoin is and what can bitcoin do to your life you will say to yourself that you're a lucky person because you know a bitcoin just keep learning and working because there's a lot of people who are successful in their life because of bitcoin
full member
Activity: 210
Merit: 101
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.
member
Activity: 182
Merit: 10
December 13, 2017, 06:09:39 AM
Many people who know lots of things here would've likely to take advantage to those who do not have enough information of how bitcoin really works. Yes, scammers are also everywhere. Hackers may already found a way to take information out of anyone here. But nothing is so dangerous if you will not let your guard down. Secure all your accounts especially your private keys. Do not trust anyone. Know whether it is a scam or not. Bitcoin is dangerous but not to those educated enough and who's taking care all of his accounts. 
full member
Activity: 322
Merit: 102
December 13, 2017, 04:42:58 AM
Well, bitcoin itself is not dangerous. But some of the people who use it probably are. As far as bitcoin is concern, it is actually giving financial freedom to many like to those who invest on it. Bitcoin has been helping a lot people from different parts of the world in experiencing economic freedom.
full member
Activity: 518
Merit: 101
December 13, 2017, 04:36:19 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 ?
I don't think bitcoin is dangerous because many have earned bitcoins. I think if you will invest in a high yield investment program and then you have scam this issue have made people think bitcoin is dangerous. It's up to the person on how did he invest his bitcoin. For me bitcoin is very helpful.
member
Activity: 154
Merit: 11
December 13, 2017, 04:13:10 AM
Bitcoin isn't dangerous, but its very safe and anyone can use it anytime without any worries. But it always dangerous for people who don't know about it.most countries will accept bitcoin payment. It can be used anytime, anywhere, without any restrictions. If someone uses it for crime related activities than its dangerous.
hero member
Activity: 1078
Merit: 514
December 13, 2017, 03:59:02 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 the project of Satoshi Nakomoto which is suddenly succeed and raised from nothing to one of the most known trading project, everything is cause of demand. Bitcoin is decentralized and yes, time ago transactions in this currency were fast and cheap, but now cause of crazy fees that some of wallets ans exchangers suggest people more and more move on Etherum and transactions in this crypto currency.
full member
Activity: 1540
Merit: 219
December 13, 2017, 03:45:16 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 ?
Bitcoin ia not dangerous at all. It can only dangerous will be depend on how you thinking about it. I think other country banned the bitcoin because of its not dangerous but because of ita they scared and afraid that bitcoin will have a good response and good benefit from their and the government and other banks was got afraid because of it. Yeah. Bitcoin can used in the crimes but it only do by those who dont think carefully about it.
member
Activity: 924
Merit: 18
December 13, 2017, 03:41:32 AM
BTC is only harmful to banks and corrupt government
full member
Activity: 602
Merit: 100
December 13, 2017, 03:31:15 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 the answer is no, Bitcoin is not dangerous. So you are asking why would anyone create a currency in the internet well maybe because FIAT is actually now working. If you think Satoshi Nakamoto  was just thinking about easier and faster transaction well you are wrong. Bitcoin give us an opportunity to use an alternate currency that is not controlled by anyone and not affected by any government,bank or group of wealthy people, this is why its called decentralized.

Every year almost all currency in the world are going down because of inflation. If you have a savings account and just keep your money there every year their value is going down. Now look at crypto currency almost all coins have risen each year.

Bitcoin is not a dangerous threat instead it helps the economy to grow. More and more people are worried due to its volatility that its value now is currently at $1800. Nothing to be worry about this new digital currency because many investors are now supporting the bitcoin. This level of currency has surprised almost all the economist and that's why those who don't believe in crypto are making negative speculations.
Pages:
Jump to: