Is bitcoin dangerous ?

[derdgzmn30]

Bitcoin is dangerous if you are not cautious in having privacy on it. Bitcoin must be in secret, the information is must be yours only.

[1715690030]

1715690030

[1715690030]

1715690030

[longminh123]

Bitcoin will not be dangerous if you use Bitcoin safely and securely as there are currently many viruses that can infect your computer and this happens every day. The safest way to keep Bitcoin is to buy Tezos or ledger nano s

[popoypalaboy03]

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’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.So even if this event doesn’t happen to Bitcoin in particular, Bitcoin will face the side-effects of this event and would likely lose a lot of value as people would wonder if this would happen to all blockchains. This event is a lose of innocence and, at some point, will hit the market. It’s just a matter of time.

[btc.fanda]

No, Bitcoin is not dangerous. I think it needs a bit of time for governments.

[yoseph]

Bitcoin will not be dangerous if you use Bitcoin safely and securely as there are currently many viruses that can infect your computer and this happens every day. The safest way to keep Bitcoin is to buy Tezos or ledger nano s

Just like everything in the world when it is not used legally or used to do illegal things then it becomes dangerous. Bitcoins and the other cryptos become dangerous when it becomes a tool by which people do criminal things. A gun only becomes dangerous when it is in the hands of criminals.

[Blackwhite69]

No, Bitcoin is not dangerous. I think it needs a bit of time for governments.

Bitcoin is harmless but Bitcoin has good and bad effects for everyone and it's time we set it up

[ignacio0404]

I don't think so, bitcoin is now known as the secured asset of investing, and investors have found eyes on its stability thats why we cant tell if its dangerous. But some sites thats connected with bitcoin is truely a scam thats why some doubt bitcoins security.

[bernashka]

And it is ignorance, lack of skills in dealing with high-risk investments that makes crypto-currencies dangerous. The degree of risk is also increased by the fact that ICO, bitcoins and other issues associated with digital tokens are not regulated at all or are regulated by related legislation.

[prago]

in this era bitcoin is not dangerous, but bitcoin doesn't have guarantee, no matter how good you are in investing and the investing with free money, so it couldn't be dangerous

[QuestionAuthority]

Yes it is, I had a bitcoin explode on me. Fortunately, I was wearing leather gloves so I didn’t lose my hands. I still don’t see too good out of one eye though.

[adjudicator]

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 ?

Although bitcoin is kina of a risky thing yet it is not as dangerous of what you are thinking. Just study the economics happen in bitcoin and its background you can invest and earn a lots of money.

[PUNjabSee]

I think this is about innovation or renewal for future transactions, a trader will always think how to transact, invest in productive, effective, easy, safe and profitable. This bitcoin comes as the answer or the best solution right now, I guess it's not dangerous.

[Tukang Becak]

If anyone says bitcoin is dangerous then it can be said that they do not know about bitcoin and just get negative news from friends or people who also do not know bitcoin.

[tlustoprd]

Open your eyes people! Bitcoin is very, very dangerous! Can't you see the truth?! You're being lied to! All the time! You're all so blind! You must wake up before it is too late and bitcoin will devour us all! Already it has gained sentience and is plotting humanity's downfall! Save yourselves while you sti--

[mdripon]

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 digital currency and popular. bitcoin controlled world currency but many country don't accept bitcoin. so, that to country bitcoin user does not freely use bitcoin. however This problem will not stay for long.

[blackdon01]

Bitcoin is not dangerous but it can be if you invest all of your money in it,because there are many people who want to control bitcoin market...other side it can be also profitable also for you.

[athanz88]

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 if we look into bitcoin, the main purpose of bitcoin maker with bitcoin are :
1. Decentralizing the economic power from the central power.
2. More privacy on transaction as every transaction are anonymous.
3. Total amount of bitcoin can not be increased.
I don't know how you categorized it as dangerous. If you mean it by the way how it is used, like criminal things, remember that the real money (fiat) also used in criminal things way before bitcoin comes.

[maynguyen]

I think bitcoin is more dangerous. Bitcoins are used in crimes. The price of bitcoin is not stable, it constantly changes. I have seen bitcoin's prices drop nearly 50% in a week. So, investors will be very dangerous.

[Ather_1020]

Well it really depends on how you see bitcoin. If you see it from an investing point of view, it might not be that dangerous considering you dont put your last penny into it. But if you see it as a transaction medium, things might get out of hand as they are accepted everywhere on the deep web. People use it a lot on the dark web, which is obviously a serious issue.

[#CR7]

Bitcoin is not dangerous if we permit how to manage it. Which makes bitcoin a risky is to invest without thinking just about in the make snobbish ahead risk of how because will investment must have swap risks.