Is bitcoin dangerous ?

[dantheman666]

Dangerously famous you mean lol. People say bitcoin is dangerous because they don't know how bitcoin works. Bitcoin is safe for me.

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[Ronyx]

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 makes transactions easier in the digital world. standard only, do not just be taken from one negative thought. If this is easier why not.

[jancukiyah]

Well, that sure any reason why satoshi create bitcoin for all the peole. You should take your time to understand it, read all the information about bitcoin, example at bitcoin.org. There's so many information to answers you question.

[ipanks]

as long as we can use bitcoin for good things then bitcoin is not dangerous. maybe the danger is because bitcoin price is too volatile so this makes people too afraid to invest their money that if they know that is the beauty of bitcoin, then they will not afraid. if we use bitcoin as the investment then we need to know that bitcoin has a risk and some of us will say that every investment is dangerous.

[Denamen]

As you can see, the Internet is more popular now and there are many issues with fiat money in the economy. People need a kind of money is independent of Government and Banking system. They need fast transaction with low fee. They want their transaction payment is anonymous,..so on. Therefore, they invent Cryptocurrency.

[MWesterweele]

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 ?

Of course all things is dangerous it is up to you if you believe that bitcoin will not die but i think youre right bitcoin is a dangerous things because no one can predict when the bitcoin will end because many people says that bitcoin id only a bubble hole that it wont happen.

Thing are dangerous when you dont know what your doing, also in bitcoin you can lose your money when you dont have knowledge about it. So is better before you start you have basic knowledge about cryptocurrency. Also the other dangerous thing in bitcoin is in the storing your bitcoin in wallet because some wallet are can hack by hackers.

[Mazda17]

it depends on the user. If a person makes a mistake using bitcoin it will be dangerous. Especially with the scammer that makes the hype site you can earn on the first one and sooner you will not be aware that your capital is no longer growing or gone in that investment. Gambling online can be considered dangerous because there are so many addicts here that sometimes cause stealth and bitcoin gain and money.so be careful about the need for this kind of field.

Good thinking and I agree with your thoughts.
I do not think bitcoin is a hazard in any case because the bitcoin is in my view always generating and profitable for many people including myself, except those people who make themselves dangerous in using the bitcoin.

[wearepoor]

If you look at the total cap of bitcoin and the number of users joining every day it is only going up. Is it dangerous? Yes if all your savings are in it:)

[tanjiran]

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 ?

there is cause for effect. the world has changed, now the digital era has begun to touch all areas. and the existence of cryptocurrency is a money innovation in the digital world.
You have also mentioned the purpose, to speed up and simplify the transaction. in addition, bitcoin can also be used as an investment and commodity that can be traded with a very high price. this advantage makes the bitcoin ideal for the future.

[benmartin613]

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 was made due to the recession that took place in US and widely affected the whole world and people lost jobs due to this, banks were closing and financial stability was down, satoshi nakamoto decided to create an online money system which is decentralized and cant be control by government just like the US dollar.

[xamil]

No, it's not dangerous because as we can see there are many bitcoiner who are now successful and have a stable living because of it. Even the price is easy to move ups or downs, we can not say that bitcoin is dangerous.

[378budiman]

Bitcoin is harmless. you think it takes a little time for the government. Maybe in the near future, many countries will receive bitcoin payments. Bitcoin can improve the efficiency of payments, not inflation, it is lower than the banking industry. Because this is the future Who would want their currency type easily lost and will become wet when you carry around? But digital currency needs internet though.

[Mazda17]

If you look at the total cap of bitcoin and the number of users joining every day it is only going up. Is it dangerous? Yes if all your savings are in it:)

I do not think bitcoins will be harmful unless they are themselves created using harmful bitcoins.

[kaysersoze]

Wow how you can say that bitcoin is dangerous? of course not, it is all the opposite.
Bitcoin has improved a lot of lifes in here, and i am sure that a lot of people have changed all their finances in a good side. So why would it be dangerous? of course not, it is all the opposite..

[Clover_Faith]

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 ?

actually bitcoin is future currency that every people will recognize bitcoin unlike now some of people don't know yet about bitcoin but here in our country it i think so many people dont early know about bitcoin maybe after 2 year or one year. We know bitcoin is easy to use and earn unlike to the regular work they do and also fast transaction. How come that bitcoin is dangerous if bitcoin helps everyone who use it, it also gives hope to everyone to change their life. So all we need to is trust bitcoin.

[vergel24official]

Bitcoin popularity is increasing within it criticism alongside. All of us want to get involve with it, being aware is the key. Investing on it is like a gamble we must prepare our self to loose.

[gabmen]

Bitcoin popularity is increasing within it criticism alongside. All of us want to get involve with it, being aware is the key. Investing on it is like a gamble we must prepare our self to loose.

That's the danger in it but the danger goes for any kind of investment. No guts no glory as they say. The people who aren't afraid to take risks are those that end up being most successful. And your risk shouldnbr backed up by research and studies also

[23tamayo]

it depends on the user. If a person makes a mistake using bitcoin it will be dangerous. Especially with the scammer that makes the hype site you can earn on the first one and sooner you will not be aware that your capital is no longer growing or gone in that investment. Gambling online can be considered dangerous because there are so many addicts here that sometimes cause stealth and bitcoin gain and money.so be careful about the need for this kind of field.

[BitcoinPanther]

I believe Bitcoin is not dangerous, it is this scam company that makes Bitcoin a dangerous field to play plus the fact of being ignorant and not knowledgeable about Bitcoin and its environment.  I believe we should always research first before investing into something.  Bitcoin is really safe and secure but these company that take advantage of people's ignorance make bitcoin look like a scam to the eyes of people who really do not understand Bitcoin.

[Kizaki]

I think somehow it is dangerous because due to technology, so many hackers are out there trying to ruin everything. Everything is dangerous in this world and sometimes it also depends on how the user handles bitcoin accounts.