Is bitcoin dangerous ?

[mcpor]

Bitcoin will go to its orbit soon because this is the future!

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[Godric-Gryffindor]

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 ?

Internet is full of scam, there are some that are legitimate at first but after you send payment for let say a supplement for brain memory enhancement, you are not only risking your identity, you are at risk to lose funds as well. Improving your browser security is great, but you are still not secure from other attacks stealing your identity. Bitcoin anonymity is a one way to protect you from these attacks and now after the bug is noticed and fixed transaction speed now and its cost is getting more okay compared last year and earlier this January.

[woshiniubia]

I think it's dangerous to invest in bitcoin.
As an investment, bitcoin prices are volatile.

[kh bhuiyan]

No, of course not. Though it depends on the way of using it. Bitcoin is not not dangerous at all.

[Allison567]

As long as the investment will be dangerous, Bitcoin is no exception, want to profit from, we must assume the danger it brings. After all, it is a virtual currency, a lot of uncertainty.

[Moneypham5]

Currency is not stable
Because Bitcoin is not under the control of central banks, investors may face tremendous volatility. Bitcoin virtual currency can be a significant risk to your entire investment. Indeed, we can not accurately estimate the price of Bitcoin copper from year to year. With this type of money online, investors can earn or lose half their capital within hours.
Cybercrime
Bitcoin's virtualization can be seen as a threat to investors. From the time the investment is finalized with virtual numbers, it can become a lucrative predator for cybercriminals. For example, the big Japanese Bitcoin market MtGox has been hacked and the company lost a huge amount of money.
Limited in use
There are very few commercial sites that accept Bitcoin virtual currency. At any time, investors can use Bitcoin online, especially playing virtual games like poker. However, if buying a car, real estate or clothing, Bitcoin is rarely accepted by sellers.
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[cpkozak]

It is undeniable that the Bitcoin digital currency has achieved great success in terms of financial investment. This is a currency not under the control of any central bank and many are willing to invest in the currency on the Internet. Bitcoin offers many different benefits to investors but also has potential risks.
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[Reuben89]

 If the bitcoin is dangerous, why many people are still exist to join and operate bitcoin system every time. Much less, year by year people who have joined it more and more, so it's proof that it's not dangerous.Bitcoin is the future of currency, as we go digital, we need a currency that can cope to the needs of our society, and bitcoin will definitely play a role in that future. Surely, there are uncertainty regarding security and storage of this coins, but I believe that will improve a we perfect the system.

[Restmand]

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 not dangerous at all, it will only be dangerous if you allowed a strangers to get your bitcoin and use it to the crime activities. bitcoin was good in economic for me, because it can make the transaction fast and less hassle. unlike the money in the negotiation the transaction is quite slow the only advantages and you might take a risk is in the currency. the currency is not stable unlike the cash. because it is only in the online

[Stigmuu]

It is dangerous if u used it in bad things..if u used it properly..maybe not danger

[signalbitbot]

With reasonable use nothing is dangerous.

[eldharwp]

it depends on how we use it, if we use it for positive thing ofcourse it's not dangerous. what positive about bitcoin is cheap transaction cost when we pay accross nation. we can use it in every country that accept bitcoin, and no need to exchange it like the currency of a nation. but this coin is so fluctuate then we can pay a soda for 0,0001 bitcoin now but in 2011 you must pay 10 bitcoin.

[Alfiah]

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 ?

yes, with bitcoin we can do transactions faster, so i don't think that bitcoin it is dangerous.
maybe it dangerous for traders. I've experienced it! I lost 50% my money

[malia tring]

I think bitcoin harmless, only the most people in this world misunderstood about bitcoin, and the people can simply say that bitcoin that is the gambling, they without know the meaning of bitcoin, and some countries in the world is also beranggapan if bitcoin is the gambling, might need time for the country to be able to pass bitcoin as a tool payment in the country.

[Maryverycool]

The price of bitcoin is unstable and changing all the time.
If you invest in bitcoin, there is a risk.

[Kuya Kim]

It is dangerous if u used it in bad things..if u used it properly..maybe not danger

No, it is not dangerous to use bitcoin. Bitcoin is only risky in terms of investments because of market fluctuations but the return is higher profit of course with wise decision-making.

[Dzung]

It is always dangerous for people who dont know about it. The fear itself is the strongest enemy, my opinion 

[Mr A]

Yes... Bitcoin is very dangerous for those who don't know about cryptocurrency or Bitcoin..

[TradeCrypto]

Yes some time bitcoin is dangerous , because there are many people they don’t know clear picture about bitcoin and without learning about bitcoin simply they will invest , them it may become huge loss for him . So, in bitcoin we have to know everything about bitcoin and it’s markey or else it’s very dangerous .

[azker]

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 think you answer it already its a universal currency.
So yeah fast is one of the very important feature.
I think in future we will leave cash behind and only use bitcoin as currency around the world.

Well for other currencies there isn’t a concept of speed though, if you want compare maybe compare to a bank