Is bitcoin dangerous ?

[Real Shakil]

Bitcoin is not dangerous.it is real and it has no third person.BTC

[1715660375]

1715660375

[1715660375]

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[claydeey]

There is no danger in using bitcoin infact the usage of bitcoin gives you a lot of comfort say for example when buying things online or paying bills, with just one click on your pc or gadget then youre done. .
 

[Samsungnumbertwo09]

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 ?

Hmm i think bitcoin is not dangerous coz it depends in person where to spent her/he bitcoin.. We all know that we can use bitcoin to buy illegal guns, illegal drugs or any illegal item or to watch gore vid in dark web, but other people used bitcoin to help others when they got the profit in their investment..

[lhadygreen]

No. It is not dangerous. It depends on you on what are you going to use.

[Danglen1010]

Bitcoin is safe..

[plaintiff77]

Bitcoin is not dangerous,it is risky instead because if you will careless in investing youll be able to loss all that youve earned so you must be able to be careful in investing your bitcoin and also you must secure your bitcoin and dont provide any information in your wallet specially your password to those people you dont know yet and dont go to those sites that is not trusted so that you wont be scammed.I would highly suggest that all you need to do to is just keep on working hard to ranked up atleast sr. Member or above so that you can be able to earn big in joining signature campaigns because the higher the rank the bigger you will earn but also if you have alot of money you can also buy bitcoin and will just save it to your wallet and just wait for a couple of months that bitcoin value will be double and then sell your bitcoin so that youll be able to earn big but it is risky because bitcoin value is volatile but if you believe and trust bitcoin youll be able to reach your dreams.

[Nerman]

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 ?

Of course the answer is no, Bitcoin is not dangerous. So you are asking why would anyone create a currency in the internet well maybe because FIAT is actually now working. If you think Satoshi Nakamoto  was just thinking about easier and faster transaction well you are wrong. Bitcoin give us an opportunity to use an alternate currency that is not controlled by anyone and not affected by any government,bank or group of wealthy people, this is why its called decentralized.

Every year almost all currency in the world are going down because of inflation. If you have a savings account and just keep your money there every year their value is going down. Now look at crypto currency almost all coins have risen each year.

[CryptoRage]

Post on facebook that you have 100 BTCs and you will see how dangerous it is.

[Singwala]

Yes it is dangerous for people who are not familiar with crypto currency trading. They are definitely losing money. So before we must go into bitcoins we first learn everything we need to know. So when the time of the fall comes we know what to do. And we're no longer panic about what's happening. Most of the novice does not know what to do when the price falls so they sell at a loss to avoid further losses. But they do not know that they just drop their investment. So they become more and more losers

[inthelongrun]

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 believe you have not yet read the entire objective or at least the basic ideas that serve as the foundation of the creation of Bitcoin. If you take a little time to read them, you will be explained properly why Bitcoin is invented and to which specific problems it tries to address. But overall, the point is that Bitcoin is a currency that will try to make us free from the banking system which has always been present in all our transactions in life.

[humanCNC]

Bitcoin is a digital money that is created to serve the needs of people. It not only benefits but also great dangers such as:
Bitcoin is used in criminal activities.
Bitcoin is attacked by hackers

[rodskee]

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 ?

obviously bitcoin as decentralized cryptocyrrency is not dangerious, bitcoin made it using internet currency for the convience of the user especially for the faster transactions. easy to use in the online payment or any other online transaction. do not share your wallet private key to the person untrusted for the safety of your bitcoin saving to avoid danger.

[JWKY]

invest too much will caused huge loss, some ppl may bankrupt if too unlucky
so be careful with bitcoin up and down
I not dare touch it  

[ShortCoins]

I think bitcoin is very dangerous for many different reason.

A. Dangerous as an investment because of the amount of risk involved
B. Dangerous as a financing tool because of the crime, drug trafficking, money laundering, gangs, and online gambling companies it supports
C. Dangerous as a form of currency because anything on the internet can be hacked
D. Dangerous as an ideology because it can promote anarchism and world chaos


So Yes, I would say bitcoin is dangerous for those reasons.

[Golubhargava]

I think bitcoin is very dangerous for many different reason.

A. Dangerous as an investment because of the amount of risk involved
B. Dangerous as a financing tool because of the crime, drug trafficking, money laundering, gangs, and online gambling companies it supports
C. Dangerous as a form of currency because anything on the internet can be hacked
D. Dangerous as an ideology because it can promote anarchism and world chaos


So Yes, I would say bitcoin is dangerous for those reasons.

Investment too much cause huge loss but Bitcoin is safe...

[rikybrosh]

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 ?

Before bitcoin and other cryptocurrencies created, we don't have any choice and pushed to use paper money, the inflation of it makes many people in poor. Bitcoin is not danger thing, but its good thing that can make us rich.

[jrrsparkles]

it depends on the user. If a person makes a mistake using bitcoin it will be dangerous. Especially with the scammer that makes the hype site you can earn on the first one and sooner you will not be aware that your capital is no longer growing or gone in that investment. Gambling online can be considered dangerous because there are so many addicts here that sometimes cause stealth and bitcoin gain and money.so be careful about the need for this kind of field.

There are some risk's depends upon the investor, but it is not dangerous to anyone, in recent times bitcoin grows more higher place in the crypto currency market.many people in the world didn't know about bitcoin till now, so we can tell the good things about the bitcoin in social sites so it helps to earn some profits or making some investment for his future or later use.

[Real Shakil]

Post on facebook that you have 100 BTCs and you will see how dangerous it is.

What will happen if I post on facebook.

[yusupjatigumilar]

the danger is not the bitcoin but we as users who can abuse bitcoin for activities that violate the law, but if we use it wisely then bitcoin can be very useful for our life, and vice versa

[ripti]

Bitcoin is not at all risky. However, many people have been prepared to use Bitcoin in the terrorist sector. Many countries in the world have not accepted it. Maybe they are technologically backward, or for fear of their current currency will be reduced.