Pages:
Author

Topic: Bitcoin Dangerous ? - page 20. (Read 2300 times)

newbie
Activity: 56
Merit: 0
March 12, 2018, 04:15:25 PM
The thing is this: the creation and use of crypto currency is the use of money surrogates. On the territory of Russia only rubles are allowed for circulation. Other currencies are under strong restriction, especially digital ones.
jr. member
Activity: 112
Merit: 4
March 05, 2018, 04:53:05 AM
I would say that some people are afraid of Bitcoin because they don't understand it. They would rather trust banks which are said to be secure place for our money but everyone here knows that it isn't true at all. Some countries with high inflation banned Bitcoin because their citizens started to buy Bitcoin which was far more stable than their national currency. Also, banks don't like cryptocurrencies because they know that they will lose control of money. That is why they are trying to convince governments to get rid of cryptocurrencies.

yeah i think so, because in my place was same, many people afraid with btc because they didn't have a knowledge about btc, and that make them to against me and btc here that just a people around me, think about in my country many people use btc but goverment and bank always ordered us (who use btc) to end using btc,they said btc is not stable, btc is not secure, etc. but i beleive btc it not dangerious and good for my future.
full member
Activity: 378
Merit: 100
March 05, 2018, 04:51:05 AM
i want to ask what makes the bitcoin dangerous? to the point that many countries prohibit the use of bitcoin in their countries. I want to hear your opinion
The thing that makes bitcoin is dangerous is the volatility of it. We all know that bitcoin contains a high volatility rate because of so much demand in the market and the volatility rate of it makes the price or value of it so high that it has reached $20000 last 2017. That is why the idea of bitcoin being a bubble is still a conspiracy or theory now because of a high price of it and the demand may drop as well as the price, this what really matters to the long term holders.
newbie
Activity: 156
Merit: 0
March 05, 2018, 04:47:23 AM

I don't think Bitcoin posses danger to anyone in anyway. its the institutions and governments that influence negative campaigns agains BTC, because of personal interests. otherwise BTC mean no harm to any one.
newbie
Activity: 144
Merit: 0
March 05, 2018, 04:42:14 AM
bitcoin is not really scary because if the bitcoin is scary there's nothing to invest in here and there's nothing to make a big deal because of bitcoin because when you just snap up the fast because it's time it's moving its price so month month ago .
jr. member
Activity: 65
Merit: 1
March 05, 2018, 04:36:32 AM
Some countries are already aware of the dangers of Bitcoin. But not all stakeholders see negative Bitcoin. Federal Reserve Bank Chairman Ben Bernanke said Bitcoin could be a useful means of exchange if it could be well regulated and abused for money laundering, which benefited from the fluctuation of Bitcoin's value as investors, while the government was wary. Because all this time the virtual world to use Bitcoin for illegal activities, such as money laundering or the sale of drugs and weapons.There are several risks that are emphasized, such as the ease of digital wallet infiltrated by viruses or hackers so that investors' money can evaporate in seconds without any guarantee can come back again a penny.In addition, the place or parties that facilitate Bitcoin transactions can also be hit by hackers or bankrupt suddenly so many people who have been using his services subject to loss. This loss can not be reported because there is no rule of law.
member
Activity: 145
Merit: 14
March 05, 2018, 04:24:09 AM
Many countries prohibit bitcoin to use, as the banking systems of developed countries bring a considerable share of the filling of the treasury, because it's not a secret that banks receive the greatest profit from the percentage of transactions between accounts.
Bitcoin is actually not dangerous at all just that some people are using it for things that are frowned upon by the governments, Money laundering, tax evasion and the sponsorship of terrorism are some of the reason why most governments are either regulating or banning bitcoins.
full member
Activity: 434
Merit: 105
March 05, 2018, 04:22:05 AM
i want to ask what makes the bitcoin dangerous? to the point that many countries prohibit the use of bitcoin in their countries. I want to hear your opinion

Base on my research, why other countries keep banning bitcoin like Bangladesh country because bitcoins lack of central payment system, which could lead to people doing Money Laundering and being financially harmed. Then, added that trading in bitcoin and other digital currencies could lead to a punishment of up to 12 years in prison
member
Activity: 168
Merit: 47
March 05, 2018, 04:15:53 AM
One more reason is that it would reduce the liquidity of banks. Provided that bitcoin is large enough.

What is your reaso to reduce the bank liquidity? Is it benefit to you as investor or what?
Bitcoin is not dangerous if we know how to handle it so learn before doing anything include investinv here.
newbie
Activity: 186
Merit: 0
March 05, 2018, 04:10:32 AM
i want to ask what makes the bitcoin dangerous? to the point that many countries prohibit the use of bitcoin in their countries. I want to hear your opinion

Bitcoin does not get rid of you knowing bitcoin you know what you can buy on bitcoin bitcoin bit is the people who have been using their bitcoin to fool the person who does not know the bitcoin so I can say and for I do not think the bitcoin is too small.
newbie
Activity: 154
Merit: 0
March 05, 2018, 04:03:53 AM
i want to ask what makes the bitcoin dangerous? to the point that many countries prohibit the use of bitcoin in their countries. I want to hear your opinion

bitcoin is also dangerous because you can also drop it and lose it can also increase. so you should be careful too invest in bitcoin.
newbie
Activity: 196
Merit: 0
February 28, 2018, 12:49:55 PM
i want to ask what makes the bitcoin dangerous? to the point that many countries prohibit the use of bitcoin in their countries. I want to hear your opinion
i want to ask what makes the bitcoin dangerous? to the point that many countries prohibit the use of bitcoin in their countries. I want to hear your opinion

it's dangerous for those in power who would love to have more control than they can have with btc
newbie
Activity: 98
Merit: 0
February 28, 2018, 12:44:10 PM
i want to ask what makes the bitcoin dangerous? to the point that many countries prohibit the use of bitcoin in their countries. I want to hear your opinion
The price of bitcoin is not stable, so it can give investors huge investment returns, but not everyone can get benefits, and many people lose a lot. It can make a big difference in a short time. Investing in bitcoin is thought to be risky.
member
Activity: 308
Merit: 10
February 28, 2018, 12:42:26 PM
i want to ask what makes the bitcoin dangerous? to the point that many countries prohibit the use of bitcoin in their countries. I want to hear your opinion
Bitcoin is not dangerous. It cannot do harm to anyone. The user is dangerous because it depends on him or her how to handle the  profit they earn from bitcoin. If they uae it in bad transaction like buy drugs or illegal supply then thats it become dangerous but bitcoin itself is not dangerous.
full member
Activity: 733
Merit: 100
February 28, 2018, 12:41:55 PM
I just want to say that bitcoin is not dangerous, it is just a statement from a country that prohibits bitcoin that bitcoin is not allowed because it will create a chaotic economy of the country, but I say it bitcoin can make citizens can improve the economy so I think is not dangerous.
member
Activity: 392
Merit: 10
send and receive money instantly, with no hidden c
February 28, 2018, 12:39:56 PM
i want to ask what makes the bitcoin dangerous? to the point that many countries prohibit the use of bitcoin in their countries. I want to hear your opinion
Bitcoin, in my opinion, has both sides in mind, and Bitcoin is dangerous, Bitcoin is vulnerable when an investor is not sufficiently knowledgeable but has made a bit of investment in Bitcoin. There are a lot of losses and a lot of injuries, and it is a dangerous thing for Bitcoin.
member
Activity: 308
Merit: 10
February 28, 2018, 12:39:25 PM
It is not dangerous. Make sure you are informed and you know everything you should know about investing in bitcoin. It can not harm you
member
Activity: 182
Merit: 10
February 28, 2018, 12:36:48 PM
Bitcoin is an insanely energy-consuming process. Passed the time when it was possible for the evening "to call" a few dozen bitcoins on his old laptop. Now, for the extraction of one unit of this crypto currency, the computing power of many thousands of supercomputers, interconnected, is involved. Needless to say, hundreds of megawatts are used for their food.
full member
Activity: 476
Merit: 124
February 28, 2018, 12:35:45 PM
Bitcoin is being considered dangerous by some countries because of its unique features. It is unregulated, the price is fluctuating every second, traded across the world 24/7, and many more reasons. It is also possible that the top 1% of top 1% who controls the financial system is being threatened because they could lose control. The traditional system is scared of something that they don't understand. They must realize that the people wanted freedom for their wealth.
jr. member
Activity: 56
Merit: 3
February 28, 2018, 12:27:19 PM
Despite having some advantages over the "conventional" currency, Bitcoin is not without risk. There are some threats that lurk these virtual money users. One of them is related to the issue of Bitcoin storage.Akun or Bitcoin wallet at any time can also penetrate the hacker attacks, which are vulnerable in attacking the Exchange wallet because there are many stored Bitcoin.
Pages:
Jump to: