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Author Topic: Is bitcoin dangerous ?  (Read 5702 times)
Mind Control
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December 12, 2017, 08:17:01 PM
 #61

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 cannot see a connection between your Subject and to what is in your OP that I've quoted.

Why would someone make a new one? Simply because the old one is terribly broken. Too much inflation, government control, slow transactions and any more negative things you could think of. This is the reasons why Bitcoin was made in the first place. To cope with the issues faced by the old currencies.
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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December 12, 2017, 08:25:54 PM
 #62

well, life goes on. technology continues to grow. hence the bitcoin of the idea of ​​"briliant" who offers a payment system that can also be invested in the future.
then, many other digital coins are emerging as alternative options with different business backgrounds. bitcoin is not dangerous, depending on the user.

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December 12, 2017, 09:52:19 PM
 #63

I'd say bitcoin is not dangerous.  The numerous unique features og bitcoin, such as  anonymity, decentralisation, not inflatory and other features,  are what make bitcoin to be different from other currencies.
The potentials of bitcoin can only  be harnessed effectively if more countries accept bitcoin as a means of payment for goods and services.

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December 12, 2017, 10:04:33 PM
 #64

Would not say that bitcoin is dangerous, it is reliable, the only thing that can suffer is the money that you invested in it and as practice shows they are also in safety
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December 12, 2017, 10:53:13 PM
 #65

Bitcoin can be dangerous if its users do not know the basics of using bitcoin let alone doing bitcoin investment regardless of the track record of an investment service provider. Bitcoin becomes dangerous because its users are not vigilant and even now the hackers use bitcoin as a crime
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December 12, 2017, 11:22:36 PM
 #66

Currency made by the state is currently closed or in other words can not be used in all countries. By making bitcoins, Satoshi hopes to eliminate the limitations of transactions between countries, making transactions anonymous for security purposes.

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December 12, 2017, 11:27:40 PM
 #67

Yes it have been the world of internet for so long and it need changes.
That one is making a currency to make the internet world a better place. Not just always the USD or Euro that is always used.
This way all the currencies will be like one.
Regarding the title question. It is a YES.
It is dangerous in the hands of dangerous people. Can be used for money laundering and also for buying illegal stuffs which is why it had a bad reputation before and up until now.

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December 12, 2017, 11:30:09 PM
 #68

If your countries currency is based on another currency such as dollar, the control of it can be very easy and other countries who earn it the most ($) may manipulate your economy, so btc for now can`t be controlled and can be hope.
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December 12, 2017, 11:31:00 PM
 #69

I would say crypto is very dangerous. Especially when it comes to price manipulation and the current bubble
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December 12, 2017, 11:34:45 PM
 #70

Depends in what sense, if it is investment related yes it is definitely very dangerous but the reward is huge if you succeed.
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December 12, 2017, 11:38:47 PM
 #71

# 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..

This one is a good reminder that bitcoin will forever be safe and our funds are secured. Its features saysit all if you can trust bitcoin's safety or not. Amazing it is, how this feature cant be  achieve by any other coin.
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December 12, 2017, 11:45:33 PM
Last edit: December 13, 2017, 07:43:11 AM by felipe04
 #72

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 can that bitcoin bring dangerous in many way like to scam other or to create a phising site.Moreover in bitcoin we can use an easy step to stole money here lije a second also.I think the positive of bitcoin is the opposite also that it can bring.But we can avoid any of this in the future if we have government because some scammers will be monitor by the police and they will get scared to do a things like stole others money
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December 12, 2017, 11:46:26 PM
 #73

Because its creator grasped the trend as well as the issues that need to be addressed for the currency of each nation and the world. Bitcoin is the currency of the future, which meets almost all of human needs now and in the future. In addition, people realized the potential for Bitcoin's development so they started to invest and invest in it. So I insist Bitcoin is not dangerous, but I recommend that everyone should thoroughly investigate it before making a decision to invest in it.

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December 13, 2017, 12:17:57 AM
 #74

Bitcoin dangerous? No bitcoin isn't dangerous tell me in what way bitcoin will be dangerous, apparently they will help to save money,and specially they help financially I don't see anything that bitcoin is dangerous, and if you tell it us dangerous in money because we invest money why where becomes  from this money invest, before people invest this they are here.

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December 13, 2017, 01:21:49 AM
 #75

for me bitcoin is not dangerous in the Philippines especially if you're at a bitcoin forum because you can not invest money here to earn a post, raise a rank and join the signature campaign and you'll earn a lot of money just as much as you can You are not tired of working.
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December 13, 2017, 01:39:04 AM
 #76

not at all bitcoin is one of the best ways to get money and she can help you with you're life. bitcoin is a virtual money so you can use it only online by buying things you need or even you can convert it to euros or dollars.
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December 13, 2017, 01:52:28 AM
Last edit: December 13, 2017, 02:25:22 PM by Dorky
 #77

I don't think  bitcoin isn't dangerous. There is freedom in Bitcoin's basic philosophy. It is an anonymous and decentralized money accepted by everyone. There is no need for central banks to manage money. There is no need for a bank because the bank is yours. In addition  Bitcoin has brought a fast and secure technology.


     
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December 13, 2017, 01:58:21 AM
 #78

Bitcoin is not dangerous. I think it needs a bit of time for governments. Perhaps in the near future, most countries will accept bitcoin payment. Bitcoin can improve the efficiency of payment, it is not inflationary, it is lower than the banking industry.

I see lots of inflation and the amount of tokens doubles each time a new fork is created and correct me if i am wrong but Coinbase
creates BTC out of thin air held on account because I cannot see mine in the public block-chain and then we have the new futures market
and derivatives and it is just this sort of activity that has been used to manipulate the price of gold/silver down.

Would be nice for me to get access to these Bit-Gold coins that i think i own because I owned BTC prior to fork but i have a feeling that I can kiss them good bye myself.
I don't agree if many governments can legalize this in short time, it'll need about 1-2 years or more to be adjusted for a long time to make good regulation about bitcoin.
I agree, since bitcoin having great interest to calling many rich people investing on it, which they're investing belonging to some group. But sadly, it's very likely that there is possibility about manipulation they can makes to gain profit for their group itself, so the danger of inflation is something to watch out for.
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December 13, 2017, 02:05:19 AM
 #79

for me bitcoin is not dangerous in the Philippines especially if you're at a bitcoin forum because you can not invest money here to earn a post, raise a rank and join the signature campaign and you'll earn a lot of money just as much as you can You are not tired of working.

Yes bitcoin is not dangerous we have freedom in bitcoin to earn money online. The freedom that has been adopts of users. Here in forum we can earn money as long you have an effort to complete the requirements to earn.
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December 13, 2017, 02:23:25 AM
 #80

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 its not dangerous ,because bitcoin is safe to invest. You must secure your bitcoin so that it not be dangerous. Bitcoin is just an investment so you dont have to worry if its danger or not.  You have your own mind if you want to invest your money or not.

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