Is bitcoin dangerous ?

[vicemi]

why would you think that it is dangerous?

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[pusa aso]

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 ?

some are saying that bitcoin is dangerous because if you made mistake in answering the question they will ban you thats why they are saying that it is dangerous,be alert and smart in answering in every word they give you then later on you will be succeed in bitcoin.

[Ziomuro27]

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 dangerous specially to the people who makes crime such as buying drugs, the money using for terrorism, I think it somehow because of where did they  get the money. Yes, Bitcoin is use for transaction for instantly or easier way of transacting money with your electro wallet, it is really helpful which makes everyone changes their own lives.

[odranoel]

Nope, bitcoin is not dangerous, how it can be dangerous when many people are trying to joined here and investing? I may also say that i joined here without any hasitating mind because i joined here with nothing any money involved for payout or registration as well. Only my dedication and hardwork is my capital here

[PANK21]

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 ?

Yes . I think its for easier and faster transfer of money for those who are away. I think bitcoin is not dangerous although it is not legal and also it is not illegal , it is intermediary or neutral .

[fanita]

if the tone of thinking about the danger is wrong, but it all depends on the user, if someone uses bitcoin then it is dangerous for him. bitcoin is very profitable for you so you have to be careful using bitcoin, because bitcoin is not so sensitive for us. gambling in bitcoin can be dangerous because there are many bitcoin addicts in online gambling. you have to be careful with your own work because the work if we do not finish then it becomes dangerous.

[Liquid01]

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 governed by any country whether it's an organization because bitcoin is bitcoin P2P running by itself is supported by inventory and market supply made by investors

[arbelian]

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 will only be dangerous it depends on the user because if it will be used in illegal activities that is not good it can endanger the use of it. There are news circulating around that bitcoin has been used by kidnappers to get ransom. That is really dangerous. I hope that people should use bitcoin in a good way. Stop the greediness and work hard for it.

[datodota002]

there are various currencies in this world and each currency has a different value from each other. bitcoin is made to normalize the value of the currency so that if you want to transact with other people in different countries you do not have to bother to convert to the destination currency. so it can speed up and simplify the transaction. for a malicious problem or not, it all depends on the user. because bitcoin is a double-edged knife that can be used for good and for evil.

[ranman09]

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 anonymity, no middleman, faster transaction and many more. But one characteristic of bitcoin that made it so popular is its (I think) volatility. Its quick rich magic.

[Hotel_Prodeo]

Bitcoin can be said to be dangerous because it embraces decentralization system, all countries are afraid because the use of bitcoin is more massive and certainly easy to speculate and look like gambling.

[dharnamonitor]

Most of the newbies here are just jumping into this kind of thing without knowing the nature and purpose. You could use google and search for the white paper of bitcoin and other things.

[xiaowu55]

I think many people think that the currency risk because they don't know the COINS, I think my hand COINS is very safe, people to see the same investment COINS have high returns, people habitually think high returns associated with high risk

[teejaymuna]

BTC isn't dangerous. If you also mean that it is being used to perpetrate crime then I'd say that even before the existence of cryptocurrencies, crime had been at an extremely high level. BTC is easy on transactions, it's decentralized, it's got great value compared to money(fiat), an many more. Just how is BTC bad?

[Lorna t]

   in my knowledge of bitcoin its just so easy investing in bitcoin when I start here ,never fell frightened or even very scared no way became bitcoin is a cryptocurrency the most they called it .and a sideline job like a fulltime for everyone. For me it is a huge amount of money that you can start investing in bitcoin then bitcoin has a lot of ways to make it profitable so grab the opportunity. Bitcoin does not frighten everyone its a crypto that's online at the internet , do not you'll be scared .this is what I'm saying I'm scared of ghost  and scammer or else but pls do not just do to bitcoin that's makes big  to use to earn more money for our future .

[adadaorlina]

Bitcoin is not a dangerous.  If you use it for good purposes than its very safe, but if someone uses it for crime related activities than its dangerous. While people who are dedicate users, are continuously engaging with Bitcoin because they believe in its potential, see as the hope and our future. Just trust with bitcoin and you will have benefit from it. Especially when you know how to transact and deal with it. it is really helpful which makes everyone changes their own lives.

[Joshapat]

If anyone says bitcoin is dangerous then it is certain they do not understand the concept of a modern market economy that is decentralized, they want to do everything with their power and when there is a new system it will make them threatened and say that bitcoin is dangerous.

[popolite11]

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 nice and powerful instrument. If you can not to hold it, operate it then it become dangerous first of all for its owner. “Danger” sounds so dramatically if you are unable to provide money you just lose them.

[Ranly123]

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 ?

With bitcoin, people can be financialy independent if successful. It is made with no danger to the community and the users as well, if you think about the currencies thats circulating around the world and the creation of bitcoin. There you can pinpoint the purpose of it, and that is to enlighten the people that cryptocurrency can give people the hope to escape poverty and discrimination. So in my own thought, bitcoin is not dangerous but beneficial to all users and investors.

[James Newman]

This question is exactly like asking if it's dangerous to take the chains off slaves.

It can be very dangerous... If you're a banker. The rest of us will do just fine.