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Topic: Is bitcoin dangerous ? - page 67. (Read 5761 times)

hero member
Activity: 1862
Merit: 601
The Martian Child
December 12, 2017, 10:16:35 PM
#90
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 believe you have not yet read the entire objective or at least the basic ideas that serve as the foundation of the creation of Bitcoin. If you take a little time to read them, you will be explained properly why Bitcoin is invented and to which specific problems it tries to address. But overall, the point is that Bitcoin is a currency that will try to make us free from the banking system which has always been present in all our transactions in life.
sr. member
Activity: 462
Merit: 260
December 12, 2017, 10:12:23 PM
#89
Yes it is dangerous for people who are not familiar with crypto currency trading. They are definitely losing money. So before we must go into bitcoins we first learn everything we need to know. So when the time of the fall comes we know what to do. And we're no longer panic about what's happening. Most of the novice does not know what to do when the price falls so they sell at a loss to avoid further losses. But they do not know that they just drop their investment. So they become more and more losers
newbie
Activity: 42
Merit: 0
December 12, 2017, 09:53:32 PM
#88
Post on facebook that you have 100 BTCs and you will see how dangerous it is.
full member
Activity: 364
Merit: 107
December 12, 2017, 09:50:07 PM
#87
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.
full member
Activity: 224
Merit: 100
December 12, 2017, 09:47:03 PM
#86
Bitcoin is not dangerous,it is risky instead because if you will careless in investing youll be able to loss all that youve earned so you must be able to be careful in investing your bitcoin and also you must secure your bitcoin and dont provide any information in your wallet specially your password to those people you dont know yet and dont go to those sites that is not trusted so that you wont be scammed.I would highly suggest that all you need to do to is just keep on working hard to ranked up atleast sr. Member or above so that you can be able to earn big in joining signature campaigns because the higher the rank the bigger you will earn but also if you have alot of money you can also buy bitcoin and will just save it to your wallet and just wait for a couple of months that bitcoin value will be double and then sell your bitcoin so that youll be able to earn big but it is risky because bitcoin value is volatile but if you believe and trust bitcoin youll be able to reach your dreams.
full member
Activity: 230
Merit: 108
December 12, 2017, 09:42:31 PM
#85
Bitcoin is safe..
member
Activity: 99
Merit: 10
December 12, 2017, 09:36:15 PM
#84
No. It is not dangerous. It depends on you on what are you going to use.
member
Activity: 60
Merit: 10
December 12, 2017, 09:34:16 PM
#83
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 ?
Hmm i think bitcoin is not dangerous coz it depends in person where to spent her/he bitcoin.. We all know that we can use bitcoin to buy illegal guns, illegal drugs or any illegal item or to watch gore vid in dark web, but other people used bitcoin to help others when they got the profit in their investment..
member
Activity: 294
Merit: 10
December 12, 2017, 09:28:36 PM
#82
There is no danger in using bitcoin infact the usage of bitcoin gives you a lot of comfort say for example when buying things online or paying bills, with just one click on your pc or gadget then youre done. .
 
newbie
Activity: 14
Merit: 0
December 12, 2017, 09:26:27 PM
#81
Bitcoin is not dangerous.it is real and it has no third person.BTC
member
Activity: 238
Merit: 10
ImmVRse | Disrupting the VR industry
December 12, 2017, 09:23:25 PM
#80
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 ?

For me its not dangerous ,because bitcoin is safe to invest. You must secure your bitcoin so that it not be dangerous. Bitcoin is just an investment so you dont have to worry if its danger or not.  You have your own mind if you want to invest your money or not.
full member
Activity: 560
Merit: 100
December 12, 2017, 09:05:19 PM
#79
for me bitcoin is not dangerous in the Philippines especially if you're at a bitcoin forum because you can not invest money here to earn a post, raise a rank and join the signature campaign and you'll earn a lot of money just as much as you can You are not tired of working.

Yes bitcoin is not dangerous we have freedom in bitcoin to earn money online. The freedom that has been adopts of users. Here in forum we can earn money as long you have an effort to complete the requirements to earn.
full member
Activity: 406
Merit: 100
December 12, 2017, 08:58:21 PM
#78
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.

I see lots of inflation and the amount of tokens doubles each time a new fork is created and correct me if i am wrong but Coinbase
creates BTC out of thin air held on account because I cannot see mine in the public block-chain and then we have the new futures market
and derivatives and it is just this sort of activity that has been used to manipulate the price of gold/silver down.

Would be nice for me to get access to these Bit-Gold coins that i think i own because I owned BTC prior to fork but i have a feeling that I can kiss them good bye myself.
I don't agree if many governments can legalize this in short time, it'll need about 1-2 years or more to be adjusted for a long time to make good regulation about bitcoin.
I agree, since bitcoin having great interest to calling many rich people investing on it, which they're investing belonging to some group. But sadly, it's very likely that there is possibility about manipulation they can makes to gain profit for their group itself, so the danger of inflation is something to watch out for.
sr. member
Activity: 392
Merit: 250
Best IoT Platform Based on Blockchain
December 12, 2017, 08:52:28 PM
#77
I don't think  bitcoin isn't dangerous. There is freedom in Bitcoin's basic philosophy. It is an anonymous and decentralized money accepted by everyone. There is no need for central banks to manage money. There is no need for a bank because the bank is yours. In addition  Bitcoin has brought a fast and secure technology.
newbie
Activity: 8
Merit: 0
December 12, 2017, 08:39:04 PM
#76
not at all bitcoin is one of the best ways to get money and she can help you with you're life. bitcoin is a virtual money so you can use it only online by buying things you need or even you can convert it to euros or dollars.
member
Activity: 364
Merit: 10
December 12, 2017, 08:21:49 PM
#75
for me bitcoin is not dangerous in the Philippines especially if you're at a bitcoin forum because you can not invest money here to earn a post, raise a rank and join the signature campaign and you'll earn a lot of money just as much as you can You are not tired of working.
member
Activity: 140
Merit: 10
December 12, 2017, 07:17:57 PM
#74
Bitcoin dangerous? No bitcoin isn't dangerous tell me in what way bitcoin will be dangerous, apparently they will help to save money,and specially they help financially I don't see anything that bitcoin is dangerous, and if you tell it us dangerous in money because we invest money why where becomes  from this money invest, before people invest this they are here.
full member
Activity: 232
Merit: 100
December 12, 2017, 06:46:26 PM
#73
Because its creator grasped the trend as well as the issues that need to be addressed for the currency of each nation and the world. Bitcoin is the currency of the future, which meets almost all of human needs now and in the future. In addition, people realized the potential for Bitcoin's development so they started to invest and invest in it. So I insist Bitcoin is not dangerous, but I recommend that everyone should thoroughly investigate it before making a decision to invest in it.
full member
Activity: 308
Merit: 100
December 12, 2017, 06:45:33 PM
#72
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 ?
it can that bitcoin bring dangerous in many way like to scam other or to create a phising site.Moreover in bitcoin we can use an easy step to stole money here lije a second also.I think the positive of bitcoin is the opposite also that it can bring.But we can avoid any of this in the future if we have government because some scammers will be monitor by the police and they will get scared to do a things like stole others money
full member
Activity: 644
Merit: 113
December 12, 2017, 06:38:47 PM
#71
# 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..

This one is a good reminder that bitcoin will forever be safe and our funds are secured. Its features saysit all if you can trust bitcoin's safety or not. Amazing it is, how this feature cant be  achieve by any other coin.
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