Is bitcoin dangerous ?

[bavian]

I think bitcoin is just a currency and it's not gonna be dangerous for you except you're using Bitcoin for the dangerous purpose.

[just a man]

No, i believe btc is not dangerous, not until your wallet hacks or trading sites hacks by someone else

You can only keep your Bitcoin so safe though, the protection that you have when you put that on a wallet can only give the hackers more time to try to attack the thing.

[genology]

Just like any other investments, it takes risk. Everything good always takes risk. If it is too good to be true, it would be a scam. My suggestion is to do research about Bitcoin so that you'll have first-hand knowledge and you'll know what to do with you money. If you're going to buy Bitcoin or not.

[josephinerosdy]

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 transaction is not fast but decentralized and anonymous.
actually bitcoin is not dangerous and can be dangerous if bitcoin holder can't handle their security to keep their wallet safe

[Qartersa]

First - It is dangerous if you put all your money in it because only two things can happen: It can either increase your wealth substantially or it can zero all your assets. Hence, in this instance, you have to be wise by not putting all your eggs in one basket. You have to scatter your investments so as to divide possible losses.

Second - It is dangerous if you have Bitcoins already yet you have exposed your accounts to others. In this scenario, the security of your Bitcoin accounts/wallets is at risk of getting robbed. What is more is the fact that it cannot be easily traceable once your Bitcoins have been hacked or robbed from you.

Third - It is dangerous if your country of jurisdiction have made all possible measures to ban Bitcoins. Well, in this case, you can hardly encash your Bitcoins. Neither can you do any transactions involving it.

[Andria123]

I don't think so if Bitcoin is dangerous,base on my own opinion as I understood about this kind of work Bitcoin is a friendly user as we took its look like dangerous if we will use this in bad transaction in any of order,still we need a extra carefull by using this,we need too ask anybody that knows about this to have a functionable idea

[arrmia11]

Bitcoin itself is not dangerous. You just have to conduct your own research in order for you not to be scammed and decide whether to invest in bitcoin or not. People just view it dangerous because they don't have enough information on bitcoin yet.
 

[Zilonglong.bucks]

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 think that bitcoin is not dangerous at all, if you can see all people are still getting the demand for bitcoin, earning money, profits etc. And still they're investing. Bitcoin is the new generation of money, so people do know that this is legit currency. Danger will be provoke by scammers online.

[torunf]

BTC would be dangerous for whom considers it as gambling and gamble their money away by trading.

[DMC_Ken]

no, bitcoin is not dangerous, because bitcoin are helpful it helping us for our needed and for our family needed, and people are predicting to bitcoin in the future and it will never dangerous at all.

[syntac]

Bitcoin is harmless, the proof many people wear and keep it, it is legal.
Bitcoin is made for the purpose of uniting all currencies, in the sense that we can transact with anyone in any country without any limitations.

[Dilladupak]

for me it is not dangerous in my bitcoin for investment and transactions more secure and easy to use.
for me the bitcoin is the most profitable than my job, so I focus more on bitcoin. because seen people who invest in bitcoin from day to day very much, so bitcoin price will be better lagi.sehingga we can get better result.

[The Alchemlst]

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 don't find bitcoin to be dangerous , what I worry the most is the web or the internet it is full of threat not just to bitcoin users, even bank accounts are being hacked online and scams victims are countlessly popping up. Bitcoin's fast transaction can also be an advantage to online thieves that's why you have to really think before you click.

[Adv Tahmina]

Bitcoin was created as new revolution of this era.The bitcoin is the future of the currencies.Bitcoin is give more opportunities for the future.Bitcoin isn't  dangerous. It is depends from person to person.For those people who do not have any experience in trading then bitcoin is dangerous for them.

[alexsandria]

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 it is somehow but not in so much way. I thi k bitcoin is dangerous in a sense that it is very risky when you putting some investment on it. Bitcoin is somehow a risky way of earning income or profit but good. Bitcoin can give you a higher income but of course you need to be careful in different way.

[Marry Finch]

Bitcoin itself is not dangerous, but some fears still cause. Since it is not provided with anything, and its price is formed only by the ratio of supply and demand, this can lead and leads to its inflation as a financial bubble, which was shown by its recent rise in price to 20,000 dollars. If it is so quickly pumped, just as quickly it can be blown away. Therefore, when investing in it, you should always remember this.

[Ismat Morshed]

Bitcoin isn't  dangerous. It is very safe.Bitcoin is the future of the currencies.Dangerous only for people who do not know about cryptocurrency.If you use it for good purpose than it's  very safe but if someone uses for crime related activities than it's  dangerous.

[AntonDrobot]

Crypto currency, in fact, has only two, but very significant plus: its deflationary nature and anonymity. For the economist, the first is more important, for the average user - the second.

[ridho002]

I think all the coins are the same, but the coins rank differently. The more up the coin rank is more expensive also the price, such as bitcoin is experiencing an increase in selling price. Therefore people make digital currency for investors.

[kolbalish]

In my opinion, Bitcoin is safe.Because, it has a good security system.Moreover, transaction system is also good and safe.For those reason, Bitcoin isn't dangerous thing.