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Topic: Is bitcoin dangerous ? - page 71. (Read 5761 times)

member
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December 12, 2017, 09:04:36 AM
#10
That was on my mind too, I had so many questions and doubts as well. It' s like bitcoin was courting me but it took many months til I decided to give my Yes. Dangerous, maybe not. Bitcoin is even safer than banks since we are all anonymous here.
member
Activity: 196
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December 12, 2017, 08:59:56 AM
#9
I don't think this is the right forum for this question. There is no middle ground on a view around bitcoin, either organizations/people/countries are against it or communities are for it so it is essential that you create an opinion around this on your own on the basis of your understanding and reading/exploring various documents and videos. but it's important that you have a framework to evaluate bitcoin and the concept of cryptocurrency in general.
member
Activity: 210
Merit: 26
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December 12, 2017, 08:58:43 AM
#8
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.
hero member
Activity: 784
Merit: 672
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December 12, 2017, 08:58:34 AM
#7
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.
sr. member
Activity: 616
Merit: 250
December 12, 2017, 08:53:00 AM
#6
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.
dangerous only for people who do not know about crytocurrency but still impose an investment because it will suffer a lot of losses if he carelessly without knowing the risks that will happen.
hero member
Activity: 994
Merit: 504
December 12, 2017, 08:52:52 AM
#5
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 ?

Because this is the future! Who would want a type of currency that is easily lost and will get wet when you carry around? But digital currency needs internet though.
member
Activity: 79
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December 12, 2017, 08:48:54 AM
#4
sure its getting more dangerous every day
member
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December 12, 2017, 08:44:42 AM
#3
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.
hero member
Activity: 854
Merit: 500
December 12, 2017, 08:41:39 AM
#2
# 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..
member
Activity: 93
Merit: 10
December 12, 2017, 08:25:15 AM
#1
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 ?
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