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Author Topic: Is bitcoin dangerous ?  (Read 5702 times)
Milanelo
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January 28, 2018, 03:03:06 PM
 #1121

now there are so many people who use bitcoin, and I think bitcoin is not dangerous. it all depends on how we use bitcoin itself. and use bitcoin as a means of payment as well as for investment in the right way.
Alexmagn84
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January 28, 2018, 03:05:23 PM
 #1122

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 ?

Lol. Why you tell bitcoin dangerous?. Bitcoin is a legal crypto currency. I thinks have a many country did not support bitcoin. It's government problem. I mean urgent need to knowledge about Bitcoin.

Pasadoble
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January 28, 2018, 03:19:41 PM
 #1123

What do yo mean under "dangerous" it is not really dangerous. And why we choose bitcoin it is another question to be discussed separately.
LegendOF45
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January 28, 2018, 03:29:44 PM
 #1124

The thing that makes bitcoin look dangerous is decentralization, as we know that bitcoin embraces a decentralized system so that no one can control it so it is harmful to the country's economy.
xheon
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January 28, 2018, 03:30:22 PM
 #1125

I think it is a part of technology development. Everything in the future digitized and encrypted so does money. If you think is it dangerous, everything is dangerous in their development process. But if you does invest when it is already safe, the profit will not be as high as people who invest now.
yansen
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January 28, 2018, 03:48:38 PM
 #1126

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, bitcoin is made because it is easier to use transactions send money or pay something. bitcoin is cross world. because there is no difference in price value. while the currency of a country is different in the country because each country has its own currency. so bitcoin is giving us convenience in transaction
Sandeepmanwall
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January 28, 2018, 04:00:34 PM
 #1127

I think can be Bitcoin is dangerous.bitcoin is a criptocruncy. I think have a many country didn't Bitcoin.
DevilSlayer
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January 28, 2018, 04:05:09 PM
 #1128

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 because it is the currency that many people are now using. Bitcoin will not become dangerous because bitcoin is a blessing for the people who doesn't have job. Bitcoin created many jobs in our society. I am one of the people who benefited by the bitcoin. There is no reason that the bitcoin will become dangerous.
CryptoPsycho
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January 28, 2018, 04:09:35 PM
 #1129

People was always scared in front of things they can't understand cause obscurity was always a brake for everyone. Sometimes to understand that bitcoin is not dangerous you just need to learn about it a little bit more.
Marry Finch
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January 28, 2018, 06:08:39 PM
 #1130

If the crypto currency is not legalized in the country and is not protected at the legislative level, the holders of the crypto currency in case of their theft or loss for other reasons are deprived of the opportunity to protect their interests in judicial and administrative order, since the crypto currency is not provided with real value, does not contain information about its holder, in addition, the release of bitcoins can be carried out by any user by installing a special program on his computer. This is the danger today of the insecurity of the holder of the crypto currency.
hoodi
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January 28, 2018, 06:22:16 PM
 #1131

Of course it is dangerous, it is a good alternative to cash and governments are kind of afraid of it now, but with a time I am sure something will change , either governments will find a way to control or it will evolve in something different.

shamimal93
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January 28, 2018, 07:11:22 PM
 #1132

I don't think so. Bitcoin is dangerous of those person who don't know well about Bitcoin and he want to invest. It blessing for the people, especially  who doesn't have any job.

saransh
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January 28, 2018, 07:18:58 PM
 #1133

# 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..

I would like to point out few things

1. Bitcoin is not anonymous anymore one can link back to the transactions address because companies/exchange keep your ID.

2. Yes it is decentralised but its more like monopolised by couple of miners and group of people.

3. Yes this is true monetary policy is Math based.

4. Only hard forks can do.
RVA
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January 28, 2018, 07:40:53 PM
 #1134

Bitcoin can not be dangerous. It is different from other currencies, it can be very lucrative and it attracts new people to it, it is safer than a simple purse in your pocket that can be lost or stolen.
Nakakapagpabagabag
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January 28, 2018, 07:55:01 PM
 #1135

Bitcoins are not dangerous. It depends on the person you use, especially if you believe in what others are saying. It is better for you to research exactly what the role of bitcoins is for our day-to-day activities. By that we can know immediately whether dangerous or not to invest in Bitcoins!

rancidgash
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January 28, 2018, 08:09:33 PM
 #1136

I think it is a part of technology development. Everything in the future digitized and encrypted so does money. If you think is it dangerous, everything is dangerous in their development process. But if you does invest when it is already safe, the profit will not be as high as people who invest now.
The commencement of trading in futures contracts with bitcoin represents a significant step towards legitimizing cryptocurrency, according to some market participants. Futures are derivatives or financial instruments that require the trader to buy or sell an asset at a specified time and at a certain price.
ArnoldChippy
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January 28, 2018, 08:15:53 PM
 #1137

I don't think so. Bitcoin is dangerous of those person who don't know well about Bitcoin and he want to invest. It blessing for the people, especially  who doesn't have any job.
Not only bitcoin but every field is dangerous and risky but if you do not have any experience there. The most important factor in trading which can really effect your business is experience and your interest, if you are interested in bitcoin then you can really get good profit from it, but you must also give a good time to it You must study the market regularly and must also get the opinion of expert traders.

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bernashka
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January 28, 2018, 08:19:55 PM
 #1138

The side of security is also questionable. Stealing the password will allow an attacker to clean up your account account, although in the era of electronic money this is also true for a regular credit card.
Valovut
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January 28, 2018, 08:21:59 PM
 #1139

I think bitcoin never was made dangerous because it is just a technological monetary.
It made a big profit for bitcoin owners right from the start. It has given us the most wanted financial freedom.
I am holding some bitcoin. i think bitcoin is profitable. thanks.
Antonina
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January 28, 2018, 08:32:11 PM
 #1140

bitcoin is dangerous only because some people who buy it on the last money like lunatics and sit and wait for the sea weather, when it rises in price.
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