Is bitcoin dangerous ?

[rynah011991]

Not dangerous at all but if the person who is very greedy and obsessed to have it and do crimes for bitcoin it became dangerous. Perhaps Bitcoin help a lot of people especially those women/wife with no work and only in household chores. They began to have passive income.

[Enialis]

I think so the price of bitcoin is highly volatile. Typical 30-day volatility is around 40 percent and 90-day volatility is close to 70 percent. These swings in value are hard to stomach for many people. Although the cryptocurrency has an upward trend, it's still risky.

[Karpatyse]

There’s one big one that worries me about every cryptocurrency: a vulnerability that leads to the collapse of the blockchain.

This is something we haven’t seen yet and may never happen to Bitcoin, but I’m convinced that at some point in the next few years, we’re going to see a blockchain vulnerability that compromises the system and brings the value to 0.

If a system like Ethereum or Bitcoin experienced an event like this, it would be absolute chaos for the ecosystem because most people don’t believe it’s possible.

[kamenix]

Bitcoin is great because my  money goes straight to the other person  

[Taqi Ahmad]

sure its getting more dangerous every day

I think it's not really dangerous. It depends on the users who operate its system. If the users know how to use, it can be their advantage in their life. But, if the users can not know how to operate it, surely, it can be dangerous for them. So, in my opinion that we as the users should know firstly about bitcoin before using it.

[Eglador]

Bitcoin is a disruptive technology but not for that is meant to be safe. Around the world right now there are some concerns about the uses of Bitcoin.

[Zandar]

The only thing dangerous about bitcoin is losing your private key. Once this is lost and you can't access your wallet, then you can consider it as lost. This is the only thing dangerous about bitcoin.

[Geljames28]

No. Bitcoin is not dangerous. It will be dangerous to those who invest and do not know much about it and it is most dangerous to those people who use it in illegal way or if it will be use for a wrong purpose.

[giogio0504]

The risk in investing in bitcoin is very high, especially in political policies in some countries in the bitcoin anggal illegal so needed a solution to solve this problem

I don't think it will become illegal in more countries then it is, but there might be tendency to regulated crypto currencies somehow, in this case it might contain some risk and reduce income.

[weblouartisan]

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 ?

Bitcoins can be only dangerous if people will use it for illegal activities and that is the dark side of bitcoins, Since bitcoins is a digital currency, Everyone can use it online even the terrorist and that is the problem that governments are afraid of.

[Don_Juego]

Of cause it is dangerouse for the part of human society. Every innovation faces with it

[Assab101]

Bitcoin is a digital currency that enables instant payments to anyone. uses peer to peer technology. That is why bitcoin is not dangerous.

[xuv500]

Every thing which is going to change the world and lead to a new and advanced state will be considered as risk initially. When electricity invented people spoke it's negativity rather than it's uses, but now without electricity there's no life in this world. Like that  adventure, bitcoin also has some negative things spread by people but one day bitcoin will replace paper currency and rule the world, on that time no one would even think of it's negativity and they will take that negative as bit piece rather than its benefit it serves.

[AlexW333]

Life is more dangerous

[AlexW333]

For me is no. Because bitcoin is a legit digital money and to use a pay.

That's right

[Asmonist]

Bitcoin is a cryptocurrency. Its not dangerous but I may say its risky just like other investments. All negative feedbacks are from those who haven't tried it. Dangerous is a very exagerated word to describe it. Its giving comfort not danger too many instead.

[Andrewsito]

I would actually say it's risky, since the word "dangerous" is a strong word to try to describe a currency.

[Deathgamer]

Bitcoin is not dangerous. Where in fact this is the greatest blessing a person could have. We are lucky to be one of the most active members od bitcoin because we get the opportunity to earn very big. It has been helping millions of people to earn and addresses unemployment of a certain country. We are so thankful for bitcoin.

[rakibul538]

YES, btc IS very dangerous for our society,
 cause BTC  transaction is decentralized and it encourages  all criminal activity.

[pukwengkweng]

Bitcoin is not dangerous, it is risky but you can handlle it by making wise decision thru buy and hold your btc. it become dangerous if your private key or your password was foregotten or lost.