Is bitcoin dangerous ?

[Sunnyyy]

Yes Bitcoins are really dangerous for some criminals. Because bitcoin exists and grows completely independent, it does not depend on any government. Criminals can use bitcoin for bad activities like gambling, drugs, etc. This has a very bad influence on the bitcoin users.

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[Bakugan]

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 could be dangerous in terms of drugs. We know that many people are into black market these days to buy weapons, to child trafficking and worst to buy and sell drugs. Bitcoin is used by many drug lords over the internet and it is actually happening. I saw a video about this drug lord in america that has been caught by the police through his ip address because he uses bitcoin as transaction money.

[stephylarde]

# 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..

Yes, because if the government decides to declare owning Bitcoin illegal, you may find yourself in trouble.

[deviant99]

Bitcoin is different from the current currency on every country. It may be dangerous in some aspects like in the black market, you can see there a lot of illegal stuff that allowed bitcoin as a payment. Also, if you have a lot of bitcoin, you are prone to hackers. Hackers can easily steal your information and get your savings in bitcoin. We have our own perceptions but the thing is bitcoin is made to be used by everyone and expect anything worse.

[lfc_san]

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 am trying to see from security specs, I think bitcoin can not be said dangerous. Because it gives users complete freedom to keep the bitcoin they have. The development of bitcoin so far is increasing. I think bitcoin is created to make it easier for users to do all kinds of transactions.

[mainstreamcoin]

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 ?

why dou you think that bit is dangerous?
quite right that all countries have their own currencies, why we need to dollars or gold to trade from countries to countries?

[jonosutio]

all will be dangerous if you are wrong to use it, it depends on each user respectively. if you use bitcoin with a good purpose and earn income with good rules then you will get your future with bitcoin. if you use bitcoin as an online gambling then you become the worst because gambling is dangerous and addictive.

[bayong]

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 ?

What do you mean Dangerous?That it can harm you?No.It can help you to support your financial problems.what's the dangerous of that.You can have on what you don't have before.For me bitcoin is not dangerous it's a big help of me.

[rainezerr401]

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 ?

Its because of the business, there are a lot of profit in cryptocurrency and that is the reason why companies are creating their own token because their coin will flow in the market and there is a chance for their ico to bloom and every developers will become wealthy.

[shloma82]

Bitcoin itself is not dangerous, but the people who use it can be dangerous.

[elvinjamon]

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 ?

Well some close-minded people said that bitcoin is dangerous and it will just scam individuals but I prove to someone who is in-line with that kind of perspective that bitcoin is not dangerous but it is actually beneficial because ig is easy to invest,  easy to transfer,  allowed by some government.

[guxu219]

bitcoin is very dangerous because its bubble is very unusual and happens suddenly, coupled with some beginners who can not manage their bitcoin assets. we as part of the investor should be able to manage it though the risk in cryptocurrency is quite high

Ehh it depends really IMO since like BITCOIN isn’t really at the crazy bubbled up 19,500$ price point anymore

[criza]

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 just a crypycurrency which means it is not capable of doing any danger to anyone. Maybe the ways or the investments here are considered dangerous. It is somehow risky but if you would be smart and careful, you will not encounter any trouble and will surely benefit on it. The most risky way of getting bitcoin is through gambling and you should not try it if you are not well prepared.

[morrisby25]

Well, besides the fact that bitcoin allows you to make quick and secure transactions on the Internet, it is offered as an alternative to other currencies, including Bumagin money. And I think this is a good alternative

That alone pissed off governments enough for them to label BITCOIN and other cryptocurrency dangerous IMO

[adsadsx]

Bitcoin itself is not dangerous, but the people who use it can be dangerous.

I do not think bitcoin can be dangerous. Bitcoin is a relatively new asset class. Investing is risky, investment cautious, and do not put all your assets on one investment.

[Lintel]

Bitcoin is a currency, that can be compared to fiat money. And it's not Bitcoin or money that are dangerous, but they can make people do dangerous things like robbing. Bitcoin has increased in price and today's prices can drive some people crazy. They could spend all their money on bitcoins. If they do this with the current high price, it's a huge risk to lose a lot of money. Bitcoin is not dangerous, it can make you do dangerous things.

storngly agree with you. How can a bitcoin be dangerous ? I would agree if it is  risky because of volatility. I am here in bitcoin world because I am earning . I can't see any harm in bitcoin but rather I can see that people earning in here in which it can help them financially. maybe people who are using bitcoin to scam other people are dangereous but butcoin itself is an opportunity to earn.

[xiaozhang11]

I think bitcoin is unstable.
Some countries now recognize its legitimacy.
My country bans bitcoin transactions, calling it a hoax.
So we invest in bitcoins and we need to think about it.

[htmcoin]

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 ?

Well some close-minded people said that bitcoin is dangerous and it will just scam individuals but I prove to someone who is in-line with that kind of perspective that bitcoin is not dangerous but it is actually beneficial because ig is easy to invest,  easy to transfer,  allowed by some government.

I agree with your point of view, they do not understand bitcoin think he is dangerous, in fact, can understand, now bitcoin has accumulated a lot of bubbles, they are worried about bitcoin disappear at any time, they can not accept the loss, but I do not Think bitcoin is dangerous, bitcoin is more often denigrated, causing a dangerous phenomenon.

[spinno]

Bitcoin is different from the current currency on every country. It may be dangerous in some aspects like in the black market, you can see there a lot of illegal stuff that allowed bitcoin as a payment. Also, if you have a lot of bitcoin, you are prone to hackers. Hackers can easily steal your information and get your savings in bitcoin. We have our own perceptions but the thing is bitcoin is made to be used by everyone and expect anything worse. Bitcoin is just a crypycurrency which means it is not capable of doing any danger to anyone. Maybe the ways or the investments here are considered dangerous. It is somehow risky but if you would be smart and careful, you will not encounter any trouble and will surely benefit on it. The most risky way of getting bitcoin is through gambling and you should not try it if you are not well prepared. all will be dangerous if you are wrong to use it, it depends on each user respectively. if you use bitcoin with a good purpose and earn income with good rules then you will get your future with bitcoin. if you use bitcoin as an online gambling then you become the worst because gambling is dangerous and addictive.

[Alzabel765]

Dont think so. Yes,no price is low and what be in the future,we dont know. But I think we must wait a new wave of this crypt