Is bitcoin dangerous ?

[Green_Earth]

Why bitcoin is dangerous?
Bitcoin is a highly security system useing blockchain technology.So it's a real secure project.people feel fresh to keep money on bitcoin now

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[Emerge]

For others it may be dangerous, but they can inform themselves about this phenomenon before take any action.

[Hopeful2017]

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 harmful to people who knows about it, I mean have the knowledge on the basics of Bitcoin. Yeah, each country has its own currency, but I think Bitcoin came into the scene so that people around the world will be able to use only same and unified coin.

[farwellbit]

Besides the inherent instability of cryptocurrencies, bitcoin has a disadvantages that come from being the 'most stable of the unstable': the risks of suffering losses is still there, and, as it is so established, it's not gonna bring you much profit either if you don't make large investment. Small, targeted investments require better multiplier, which only new coins have, as a means to sell to a wide number of people.

Bitcoin will remain as unstable for a long time and the reason is that still people are accepting bitcoin and investing their money there. I am sure that the increase in the price of bitcoin will remain for a long time and therefore there will be variation in the price of bitcoin.

In fact still less than 2% people of the world know about bitcoin, even those people who know about bitcoin still they also use bitcoin as option while still their main currency to be use  is their fiat currency.

[Hanako]

Bitcoin is not dangerous especially when you know how to transact and deal with it. It has a positive since its less hassle . We much overlook bitcoin in a positive ways not in negative. It has many benefits that we can save and earn more from it.Just trust with bitcoin and you will have benefit from it.

[fabrizoc]

I think no, because bitcoin is not dangerous. How bitcoin can be dangerous? In what way is he dangerous to us? Bitcoin it is so very important for those who want to earn and rich and those who are short of wages to help their family.Bitcoin is scattered in different countries to support earn income to high quality and good standard economy in one country.Bitcoin is not dangerous if you scared about bitcoin try first before you are afraid and you know what the bitcoin and how can he help you.

I don’t really think so that bitcoin can be dangerous for someone who is having a good knowledge about the things related to that of bitcoin. If you are having enough skillset, then bitcoin can really do great wonders in the form of a very good amount of profit. Investing in bitcoin can help you in making some good amount of money which can help you in having a comfortable life.

Maybe for some people who use it in illegal transaction bitcoin will dangerous for them. But when you use it in the right thing maybe you cant feel dangerous about bitcoin. Also bitcoin has advantages and disadvantages so its depend for people how they use it.

I don’t think so that bit coin is a dangerous crypto currency. Because it is an independent currency and it is not in under control of work bank. I really don’t know why you think that bit coin is a dangerous currency, in every year almost all the currencies in the world gone down just because of inflation factor. Just because of paying high return gamblers start saying it that bit coin is not safe. It is just because of that they are trying to discourage the new investors.

In term of trading bitcoin is risky but not dangerous, It is actually depending on one’s strategy. If a person have good experience in trading then bitcoin more profitable for him but if a person do not have any experience then bitcoin can called as risky for them. Over all I think those people who are holding bitcoin can also get good profit from it, because bitcoin price is increase continuously.

[ndoromas]

Depending on the circumstances.
It can be said to be dangerous, because chances are the corruptors will wash their money by buying bitcoin miner and mining bitcoin or other crypto currency. Wash money with long-term investments in cloud investments. Purchase bitcoin in bulk then hire big traders to play the crypto money.
But if all the above happens can be traced all the transactions, because bitcoin is very transparent in its work.

It can be said to be dangerous too, because it will invite crackers to crack bitcoin wallet accounts or market-market weak of the system, so bitcoin lost, if our country legalize bitcoin maybe we can be helped, but if the bitcoin we can only let go.

Can be said dangerous, if we are too showy and arrogant to our bitcoin wealth, we can be held hostage others to get our bitcoin.

Also this is the most dangerous, if we are too greedy to be bitcoin, so we forget to keep our health, well what is the use of bitcoin if we languish in hospital room.

[spiritguardcharles]

Actually the bitcoin itself has no sign of danger but rather the activities in which bitcoin involves and has a great participation in terms of trading goods surely because it's a digital curency and it's much more safer to undergo in this kind of payment rather than meet ups which is kinda convenient.

[DMC_Ken]

no, because for me bitcoin is not dangerous, bitcoin are helping me and us to earn money for us and for our future and bitcoin is the one that change my whole life and people are predicting it for the future so noting to scare to bitcoin and it will never be dangerous.

[safarabela]

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 made for ease of transaction in the digital world. but it also has a very big risk.

[MadaraAvenger]

I think it depends what you understand within dangerous ? Bitcoin can die yea , if this is what you are afraid of but the blockchain technology will survive no matter what.

[deepakg2m]

Actually not,because BITCOIN is not dangerous it is rather risky.I would say that one should invest that much which he can bear if he loses it.People consider it dangerous on the basis of its frequent alterations,one don't know whether he will earn profit or would loose everything .  

[Mr.grin]

Bitcoin is not dangerous especially when you know how to transact and deal with it. It has a positive since its less hassle . We much overlook bitcoin in a positive ways not in negative. It has many benefits that we can save and earn more from it.Just trust with bitcoin and you will have benefit from it.

as you say. of course bitcoin is not dangerous, especially if you use it just to enlarge your business.
actually, bitcoin can also be used for dangerous things, but I think it's been reduced. bitcoin has better functionality than that.

[pluMmet]

Perhaps it is dangerous, because every anything in do there must be risk looms over, so also with bitcoin that is the digital, surely there are quite a lot of the risk of in it, but all back to us as users to be careful and should be wise man in the use of her because of the greatest risk is we experience of one of her in cause for indiscretion we

[Bashcarter]

Bitcoin isn't dangerous if we just know what were doing.
 just be careful especialy to those scammer's.

[GreenBits]

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, why would we need more than one currency period then LOL?

while there are some actual digital fiats (ACH /SWIFT funds), there is always the deal of conversion rates. if you have ever tried to purchase something denominated in another fiat (buying something in pounds, for example) its subject tiiitakes a fee. in this increasingly global economy, having a common currency that doesnt rely on a gov is a great idea. and so much faster,it takes a least a day for transaction like to resolve with a cc/debit.

[olya_n]

I agree with some members of the forum that bitcoin, as well as altcoyins, can be dangerous for people new to cryptography. To invest, you need to first explore the topic of the crypto currency.

[vegethegreat]

Risky, this is the right term to describe bitcoin. But this common in bitcoin, you must learn how to handle risk intelligently.

[Tambu]

Bitcoin cannot be dangerous. in fact it can be generous to those who need an extra income
Bitcoin is secured and no monopolizing on it.

[Astvile]

Bitcoins is not dangerous.Bitcoins are made for purpose and for a reason and its not just made for fun or just trips of the developers.The asset is made to help people for more convinient type of spending money online and offline,it is not dangerous at all.its just safe