Is bitcoin dangerous ?

[QuestionAuthority]

Yes, it’s quite dangerous. I got scratched by a bitcoin a few weeks ago and developed a nasty infection. I’m still on antibiotics.

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[Sergey190785]

The monetary system has become obsolete for a long time: Corruption is very much debugged, money does not reach where it is supposed to be, but they settle in the pockets of corrupt officials. It has long been required a system with transparent tracations. Bitcoin is ideal for this

[Petmalu001]

I think much better to understand what is cryptocurrency first and only for people who do not know about cryptocurrency. Because investing in bitcoin is

very risky it will suffer a lot of losses of money once you invest crypto world. 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. then It will be a dangerous especially if you are newbie in Crypto world then you don't know how

to handle your account.

[noictib]

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 ?

Here no one can say exactly that why bitcoin comes in this world actually in starting , I read a article once where it was mentioned that main reason to make bitcoin technology with bloclchain was to show that banking system can be made much better than what are in present time .
But even the banking system didn't yet accepted bloclchain technology ( since few of them are looking to accept bloclchain technology ) .
But time to time many people who comes to know exactly about the bitcoin started to make use at international level and day by day its craze to buy sell get increases and that leads into a type of currency in these days where people are using it to buy things in offline .
But here I think it is only a type of online written data which is fully encrypted and no chance to erase or hack , so I don't think that there is anything of dangoure associated with bitcoin .

[wesbrook2]

For nope because it depends on how they will used it and it depends on what they know about bitcoin

[paoeng1]

Nope because it is secures now adays and no one can make anay regulations in bitcoin if it is dangerous

[nano77]

I think bitcoin would be dangerous if we were wrong in using it and wrong in making decisions, so danger or not depends on us how we look and use it

[kerwin T]

# 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..

You're right. Probably if you are new to bitcoin, you would actually think that this can't be trusted and can be literally a scam in some ways. But if you would actually try bitcoin in longer terms, it really is safe, dependable and can be accurately trusted.

[Black Angel]

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.

I agree with you completely! It is safe - everything is anonymous! This in the bank requires all the information about you and with a small income you will not be able to take out a loan! And bitcoin does not care how much you get and what your story is!

Yes it is true that is a good and fair concept, of course for those who never have big money it will be difficult to borrow money in banks, but with bitcoin then everything looks easy, I do not like banks know all the transaction and financial data so I prefer bitcoin than fiat.

[Theo222]

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 a digital currency and this era we are developing our technology thats why the try to create a digital currency. Bitcoin is the product of their brainstorming satoshi nakamoto give us new type of currency.

[megatrix]

# 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..

Maybe the right term for it is risky because bitcoin is unstable but it is not dangerous. It actually gives you financial freedom just like what this said. It will lessen your problems about making money because bitcoin is a digital currency where it can be converted into local money.

[Matteo.b]

Actually bitcoin its not stable now but its not dangerous because this one of the biggest to giving a chance to earn and ofcourse this one of give a chance financial problem

[Jacsnuffles]

# 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. And sometimes that kind of freedom can be very dangerous. Some transactions cannot be traced as long as you have a wallet address, and criminals are aware of this. And some investors who opened their wealth to the public experienced danger in their lives. Like the UK Bitcoin Traders Robbed at Gunpoint in January 29, 2018. Bitcoin is dangerous, but it can be prevented (or at least controlled). We just have to very careful with what we're exposing to the public or to strangers.

[pxo.011]

it is dangerous to you if you are not well informed and you dont have any research about bitcoin.

[cschy01]

Actually bitcoin is a online crypto.It can give you a huge profit if you can understand better about online digital marketing system.On the other hand the bitcoin can be dangerous for those people who invest nonetheless they don't know actually what is bitcoin.But normally people not blasting in bitcoin market.Many people get profit everyday by many way to investing bitcoin.So i think bitcoin is not dangerous for people if they invest properly.

[sneeze11]

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 ?

For me bitcoin is not dangerous because how can you say that it is dangerous if it is legal in some country and many of user here are so popular. Other say it dangerous because they can't believe that by just posting on it you can earn money and they all know that this is a scam or a gambling site.

[santieevanz]

It may have both advantages and disadvantages but not dangerous as what you think it is. The future starts now that is why we have this developed and developing currencies. Bitcoin is now being known in most part of the world so this will lead our decentralized world. Bitcoin has many use of access like in certain countries, can be used in payment of bills, travelling

[assy]

I think it's not dangerous, bitcoin currencies are now down but it's normal there may be some people who are afraid of it, things will turn into profits when bitcoin prices go up so it's all an investment depends on us to behave and in some countries it's legal .

[electronix11]

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 at some point although it depends entirely to the person who is using it. anything that is too much is sometimes unhealthy and could cause some bad things/ thoughts.

[Roydgon]

Bitkoyin dangerous. Because he can invest their money and increase profits. Many people are afraid.