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Author Topic: Is bitcoin dangerous ?  (Read 5702 times)
shezu007
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December 23, 2017, 02:52:26 PM
 #341

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
yea there is no such issue that we can say that bitcoin is dangerous but according to my view bitcoin is very useful for all world because its a crypto currency and it is easily changeable to any other currency and if you have bitcoin in your wallet then you can use it any where in the world. And hopefully in future bitcoin will become the unique currency of the whole world in future.
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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BCTalkaccountforsale
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December 23, 2017, 02:54:16 PM
 #342

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 everything is risky and bitcoin is no exception if you have invested in bitcoin, you have to accept the risk can happen but I think with bitcoin the risk is very low so you do not worry too much there.
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December 23, 2017, 03:01:17 PM
 #343

Bitcoin is not dangerous bcos we do btc no need many times, eventhough we do btc is not difficult but we can earn big money
freshm4ker
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December 23, 2017, 03:26:50 PM
 #344

If I bitcoin is not dangerous when bitcoin is very good for us, and many good benefits and advantages. There is a rumor that no one can control it and bitcoin really quickly turns into a higher price. Cool
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December 23, 2017, 03:39:57 PM
 #345

dangerous if used to do things that are not good, for example to sell drugs with bitcoin ..
but it goes back to the man again, like a sword, it would be useless if humans did not use it, for example to fight ..
it's the same as bitcoin, the harmless bitcoin as long as the bitcoin does not do anything harmful to others ..
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December 24, 2017, 04:57:30 AM
 #346

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 consensus network that allows new payment systems and new money entirely digital. Bitcoin is the first decentralized peer-to-peer payment network that is fully controlled by its users without central or intermediary authority. From the user's point of view, Bitcoin is similar to money in the internet world. Bitcoin can also be seen as the most prominent recording system currently available.

Bitcoin is the first implementation of a concept called "cryptocurrency", first described in 1998 by Wei Dai on the cypherpunks mailing list, showing the idea of ​​a new form of money that uses cryptography to control manufacture and transactions, instead of using centralized authority. The first Bitcoin concept and proof of concept was published in 2009 on a cryptographic mailing list by Satoshi Nakamoto. Satoshi left the project at the end of 2010 without much to say about him. The Bitcoin community is growing rapidly as many developers work at Bitcoin.

Satoshi's anonymity often raises false concerns, largely due to a misunderstanding of the nature of Bitcoins-based open source. BItcoin protocols and software are published and developers from around the world can review the code or create their own modified version of the Bitcoin software. Like the current developer, Satoshi's influence is limited to some of the changes he created and adopted by other developers, and he does not control Bitcoin. Thus, finding the identity of the inventor Bitcoin is now like finding the identity of the inventor of the paper
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December 24, 2017, 05:00:32 AM
 #347

No bitcoin is not a dangerous it is a very secure coin
Joylee
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December 24, 2017, 05:11:05 AM
 #348

If you have a good amount of knowledge about bitcoin, then it's not dangerous. Obviously its dangerous for a person trading in bitcoin without any knowledge.
codpku
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December 24, 2017, 05:11:57 AM
 #349

Every investment have a risk
Thats how your perfection

kumara
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December 24, 2017, 05:15:21 AM
 #350

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 are not too many cuurencies in ech country though their are many countries whose currency is badly inflated and almost worthless compard to Bitcoin. That is why people every where want a piece of BTC
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December 24, 2017, 07:21:49 AM
 #351

Why have you been defining bitcoin as dangerous? Why it would be so?No,bro.It's not like that.It has made only for easier transactions. It has given us the most wanted financial freedom.It has given us the chance to get rid of the rules of banks and third parties as well.Isn't it better than a paper money which will get wet in the touch of water??It is a digital currency and is making us modern.It is play good role in eliminating unemployment problem.The price of it is rising and this is profitable for us.

So,bitcoin is not, was never dangerous. Rather it has brought many good to us and made us modern.

Saftention
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December 24, 2017, 11:39:56 AM
 #352

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 ?

dangerous for who ? few countries only ban bitcoin and will be in person if you use bitcoin.

bitcoin is easy and fast to send only make high fee and will be in safe place.

chiefthor
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December 25, 2017, 03:14:56 PM
 #353

Yes i agree to saftention, why dangerous? Bitcoin is easy to use and we can get profit from it.
KingOfWinterfell01
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December 25, 2017, 03:18:45 PM
 #354

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 ?

Why would bitcoins be dangerous in the first place anyway? Bitcoins are just decentralized, anonymous, and easier to deal with. It is the bad people who abuse the power of bitcoins are thr bad people like money lauderers and drug dealers who make things easy with bitcoins.

Clavulanic
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December 25, 2017, 03:21:47 PM
 #355

Bitcoin is safe not dangerous if we really talk about dangerous i cant see features of bitcoin that can proved that it is dangerous type of  currency.I believe bitcoin is really safe and it is not dangerous because i see the good feedback from its believer and its user from the past untill this time maybe some people think that it is dangerous because of its unstable price we  can really get loose if we are not lucky but i think it is depending on a decision that we made.

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Taskford
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December 25, 2017, 03:35:02 PM
 #356

Bitcoin is really dangerous if you don't have any knowledge about bitcoin and how the things work here because you need to educate yourself first before going into or jumping into bitcoin because bitcoin is too risky and it is riskier than the stock market since it can be manipulated by news or even money so it is better to be prepared before jumping.

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VladG
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December 25, 2017, 03:46:34 PM
 #357

Hmm, dangerous maybe is not the right word. Yes ofc is a risk in the middle
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December 25, 2017, 05:44:29 PM
 #358

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 ?

Each country has its own currency to facilitate transactions locally. Indeed many coins in the digital world but will not be able to shift Bitcoin. Bitcoin is the most popular and highest crypto currency. so do not worry too much about it.

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Golftech
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December 25, 2017, 05:48:50 PM
 #359

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 ?

Each country has its own currency to facilitate transactions locally. Indeed many coins in the digital world but will not be able to shift Bitcoin. Bitcoin is the most popular and highest crypto currency. so do not worry too much about it.
Bitcoin already proven its usefulness I terms of digital currency, as we seen a lots of people now already adopting in this new payment process those who works online are able to take advantage it won't affect local fiat as its uses online though it can be exchange locally risky indeed but for those who understand they are taking advantage from this system.
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December 25, 2017, 05:49:04 PM
 #360

as technology develops many scientists who research and discover many new things, such as bitcoin, the fact that bitcoin makes it easy for everyone to make transactions and investments, this will make many people interested when you see the potential for bitcoin is so great,
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