Is bitcoin dangerous ? - page 66. | Bitcointalksearch.org

Fujiati

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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 danger is true, according to an information I read There are some risks that EBA emphasizes in danger about Bitcoin, such as the ease of digital wallet infiltrated by viruses or hackers so that investors' money say 10 billion, can evaporate in seconds without any guarantee can come back again a dime. and the beneficiaries of this Bitcoin value fluctuation are investors.
so be careful.

Genemind

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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 don't really think that it is dangerous, I mean if it was dangerous then it wouldn't have lasted until now since the year 2009. Also, the fact that it is one of the most popular and preferred by all means that it must be really credible for it to be that popular. Moreover, to be something as valuable as bitcoin should always maintain a good system.

BingoDog

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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.

acoustica

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Bitcoin is dangerous only for those people who doesn't have enough background about cryptocurrency but If you have knowledge about it, definitely it will make your life more easy to gain extra income.

RakknRoll

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so we can not say that bitcoin is dangerous because it helps us.

upekhaanthony

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I think bitcoin recreate the future. It introduce new concept to world. I gave more freedom than any other currency for transaction.

princesspoppy

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bitcoin is risky but dangerous, i guess not, it is risky in a way that you have to take risk in trading before you earn your goal profit. maybe it is dangerous to banks because more and more people are now investing in bitcoin.

EmmaAllen

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Yes, according to me it is Dangerous because the price of bitcoin is not stable.

bajigur894784

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I think, of course the bitcoin is dangerous, even it would be very dangerous if the lack of understanding of the nature and workings of this cryptocurrency.
but ..if all about bitcoin is understood. bitcoin will be very profitable.

DRAWDE_3691

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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 dangerous maybe because it is online, and anything online can be very vulneable to hackers. But, on the contrary, bitcoin's flatform is secure that there is not so much success when it comes to hacking. Also it it can be dangerous because it can be use as payment for any illegal bussinesses out there.. this is just my opinion

ripti

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Bitcoin is not at all risky. However, many people have been prepared to use Bitcoin in the terrorist sector. Many countries in the world have not accepted it. Maybe they are technologically backward, or for fear of their current currency will be reduced.

yusupjatigumilar

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the danger is not the bitcoin but we as users who can abuse bitcoin for activities that violate the law, but if we use it wisely then bitcoin can be very useful for our life, and vice versa

Real Shakil

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Quote from: CryptoRage on December 12, 2017, 09:53:32 PM

Post on facebook that you have 100 BTCs and you will see how dangerous it is.

What will happen if I post on facebook.

jrrsparkles

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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.

There are some risk's depends upon the investor, but it is not dangerous to anyone, in recent times bitcoin grows more higher place in the crypto currency market.many people in the world didn't know about bitcoin till now, so we can tell the good things about the bitcoin in social sites so it helps to earn some profits or making some investment for his future or later use.

rikybrosh

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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 ?

Before bitcoin and other cryptocurrencies created, we don't have any choice and pushed to use paper money, the inflation of it makes many people in poor. Bitcoin is not danger thing, but its good thing that can make us rich.

Golubhargava

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Quote from: ShortCoins on December 12, 2017, 10:28:50 PM

I think bitcoin is very dangerous for many different reason.

A. Dangerous as an investment because of the amount of risk involved
B. Dangerous as a financing tool because of the crime, drug trafficking, money laundering, gangs, and online gambling companies it supports
C. Dangerous as a form of currency because anything on the internet can be hacked
D. Dangerous as an ideology because it can promote anarchism and world chaos

So Yes, I would say bitcoin is dangerous for those reasons.

Investment too much cause huge loss but Bitcoin is safe...

ShortCoins

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I think bitcoin is very dangerous for many different reason.

A. Dangerous as an investment because of the amount of risk involved
B. Dangerous as a financing tool because of the crime, drug trafficking, money laundering, gangs, and online gambling companies it supports
C. Dangerous as a form of currency because anything on the internet can be hacked
D. Dangerous as an ideology because it can promote anarchism and world chaos

So Yes, I would say bitcoin is dangerous for those reasons.

JWKY

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invest too much will caused huge loss, some ppl may bankrupt if too unlucky
so be careful with bitcoin up and down
I not dare touch it Tongue

rodskee

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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 ?

obviously bitcoin as decentralized cryptocyrrency is not dangerious, bitcoin made it using internet currency for the convience of the user especially for the faster transactions. easy to use in the online payment or any other online transaction. do not share your wallet private key to the person untrusted for the safety of your bitcoin saving to avoid danger.

humanCNC

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Bitcoin is a digital money that is created to serve the needs of people. It not only benefits but also great dangers such as:
Bitcoin is used in criminal activities.
Bitcoin is attacked by hackers

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