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Author Topic: Is bitcoin dangerous ?  (Read 5700 times)
bman01
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January 15, 2018, 06:45:47 PM
 #861

BTC will not be dangerous if people use it as an legal way,so i think it is not dangerous..
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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ReneFreitag
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January 16, 2018, 01:20:21 AM
 #862

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 ?
countries classify bitcoin dangerous because you can lost money easy when using bitcoin and no one can help you to get back your money because no one support bitcoin No Central Banks
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January 16, 2018, 01:40:54 AM
 #863

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 ?

Look. Don't afraid from the technology of Bitcoin, but the price in manipulate. If you have overview on the whole crypto market, you will see the whole market in down trend right now.
You are investing for technology, whales and traders are interesting for money.
mr.niwangz
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January 16, 2018, 02:30:02 AM
 #864

bitcoin is not dangerous if it is interrupted by the government and in the future, most countries are receiving bitcoin payment so not all countries are dangerous in bitcoin.

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January 16, 2018, 05:22:47 AM
 #865

Dangerous if used for gambling, I stay away from it.
there are many ways to use Bitcoin to make it more useful. It is always wise to use money and keep compliance with Government regulations regarding the use of Bitcoin and other currencies.

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Asusnumbaone
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January 16, 2018, 05:30:13 AM
 #866

# bitcoin payment is anoymous
# bitcoin is decentralized
# bitcoin is not issued by any
# nobody can increase total supply of

This all feature make it different than other currencies that exist and more attractive too. It gives financial freedom..
Yes that is also the reason why bitcoin is dangerous. Well bitcoin is not dangerous for us that is using bitcoin and done research with bitcoin but if some ignorant will try bitcoin I am pretty sure that they will be in danger. Bitcoin will be dangerous if you are not careful enough with your action.
Rosilito
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January 16, 2018, 06:23:42 AM
 #867

Yes for easier and other transaction. And what do you else think the function of money? Then to provide our basic needs, needs and wants, and something that may satisfy us. Then it is the same thing that goes to bitcoin because bitcoin functions like money then bitcoin is not dangerous. Bitcoin will be dangerous if it will be use in such unlawful act like buying drugs, hiring killer men something like that unlawful. Or which can harm people. But if bitcoin will be use in good terms then it is not dangerous. It is dangerous for the people who does not know kindness and law.
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January 16, 2018, 06:28:57 AM
 #868

bitcoin is harmful to people who do not have a strong mentality
bitcoin is not held by a company but is owned by an individual, its price is very volatile, can not be predicted, still controversy
so bitcoin is very dangerous for people who do not know it yet
littlestars123
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January 16, 2018, 06:30:14 AM
 #869

It is foolish to think that bitcoins are dangerous.Bitcoins are one of the most powerful digital currency made using block chain technology it is just an investment form which gives us full freedom over our money unlike other currency btc are different as it does not have physical form.It is created as a decentralized and so it maintain high end privacy of its users and can make any number of transactions from any part of the world btc is not under the control of any nation or government and so it cannot be compared with a normal currency.
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January 16, 2018, 06:37:22 AM
 #870

I think its created because of evolution in technology. As you can see that mostly things are getting digitized then why not currency. And I don't think that bitcoin is dangerous, its just a digital currency.

sanimsajjad
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January 16, 2018, 06:57:35 AM
 #871

bitcoin is a digital currency which gives the revolutionary change in this digital period.bitcoin is not dangerous but user needs to know about bitcoin properly.
jak3
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January 16, 2018, 07:04:47 AM
 #872

We are using the normal currency for a long time. Bitcoin has come with some unexpected features or characteristics such as it provides anonymous transactions over the network, it is more secure than your real money or banks and you can start accepting it in your business is a website without going to any hassle to legal services. Our country has corruptions but with Khan does not have it in fact it can be used to remove that. If used wisely and accepted everywhere in the world then it can help all the third world countries which are suffering for financial crisis.
zakcooper40
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January 16, 2018, 07:07:12 AM
Merited by blueteam09 (6)
 #873

sure its getting more dangerous every day
Bitcoin is dangerous when one participates in Bitcoin without the knowledge of it, maybe one person will have difficulty even losing a lot of their money when joining Bitcoin because they do not have enough knowledge and ability. This is very dangerous

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DainSLane
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January 16, 2018, 07:07:25 AM
 #874

Today bitcoin is now legal. Governments and banks all over the world are trading bitcoin. Bitcoin transactions are anonymous so you’ll identity is safe. The supply of bitcoin is not controlled by anyone. Bitcoin can now be used as payment in online stores. Bitcoin being legal and used by other companies makes bitcoin not dangerous.
Riuske
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January 16, 2018, 07:11:25 AM
 #875

I'm not sure Bitcoin is dengerous because i think Bitcoin just online money.
Senja Kemuning
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January 16, 2018, 07:25:59 AM
 #876

Many people and even countries are afraid of bitcoin, they say bitcoin is dangerous because it could threaten the transaction system that currently uses fiat. but I do not think bitcoin is harmful because bitcoin is a profitable commodity.

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rhenrhen
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January 16, 2018, 07:29:10 AM
 #877

For me, bitcoin is not dangerous, it's us who are dangerous. Other people may take advantage of the cryptocurrency. That's why there are scammers.
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January 16, 2018, 07:31:05 AM
 #878

bitcoin can be dangerous if we do not do right because if we are wrong in making a decision it will cause harm to us or if bitcoin used for crime
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January 16, 2018, 07:33:03 AM
 #879

Bitcoin itself is not dangerous or will it do any harm to the owner. In fact, the Bitcoin is the victim if the owner decide to use it for money laundering which already happened.
Besides that, Bitcoin was already famous in the black market far before the cryptocurrency become a trend to the world last year. Yet, it doesn't mean owning bitcoin means you have participate in illegal trading or others. Instead, it depends on how government think of it and will take what course of action toward the Bitcoin.  Smiley
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January 16, 2018, 07:48:54 AM
 #880

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 ?


That's because of the quick transforming of high-technology gadget many people didn't stop to research for a new digital system for the people become comfortable in any different ways like this. because of digital transaction many company build their own company and make also their own strategy on how to generate a big income using digital system. So they will make any different currency for the people choosing the best one who else helped themselves.   
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