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Author Topic: Is bitcoin dangerous ?  (Read 5700 times)
olatslodi
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January 22, 2018, 10:37:42 PM
 #961

Since Bitcoin is a decentralized currency. No one can control its circulation on the network. But for me, I will still stand that bitcoin is not dangerous because of its decentralized feature and others. It was actually a very nice idea to have cryptocurrency, because life will be easier to sustain through working online. And now bitcoin can be used as payment in online stores.     
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droptableguy2
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January 22, 2018, 10:38:25 PM
 #962

Bitcoins for those who do not know about it and the cryptocurrency market, it is very dangerous for them. Newspapers often bring bad news about bitcoin and so for the community, bitcoin in particular and the cryptocurrency market is something very bad. I have received a very harsh reaction from my family knowing that I invested in bitcoin because they think this is very dangerous for my property. Those who know and invest in bitcoin and the crypto market will be the most successful people in the world.

wilburwilbur
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January 22, 2018, 10:43:02 PM
 #963

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 to noobs or ignorant who didnt do their research first before investing , in any act learn to know first your path before walking in
Satoshi Nakamoto didnt give any reason why did he made bitcoin
but btc greatly increased people's fortune
btc is decentralized and you can't hold it unless you cash it out so it's much efficient =)

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t4zm4ni4z
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January 22, 2018, 10:48:03 PM
 #964

Many people think that bitcoin is dangerous. For me no, Bitcoin is made for open-minded people with crypto currency and now bitcoin as one of the most reliable and profitable investments you can make in your lifetime. Maybe it can be dangerous to you if you act carelessly in any market transaction or trading you do and you are responsible for it all.
ranz_18
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January 22, 2018, 10:59:55 PM
 #965

Many people think that bitcoin is dangerous. For me no, Bitcoin is made for open-minded people with crypto currency and now bitcoin as one of the most reliable and profitable investments you can make in your lifetime. Maybe it can be dangerous to you if you act carelessly in any market transaction or trading you do and you are responsible for it all.
well said, I agree with you. Bitcoin is just for people who can understand its working principle. It is proven a very profitable investment if you have the knowledge and skills.
Blockfolioz
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January 22, 2018, 11:02:22 PM
 #966

Governments fear that it is not good for their economy, just because it is decentralized. In reality bitcoin generates inflow of economy which is good for the growth of the country's combined economic growth. When countries five importance similar to hat Japan has provided we'll understand how good is bitcoin.
Aeronrivas
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January 22, 2018, 11:06:00 PM
 #967

No bitcoin is not dangerous and yes, when we don’t know exactly what bitcoin really is we heard that the bitcoin is dangerous but in reality it’s not it just becomes dangerous because of the people who use bitcoin to scam and to be dishonest to the bitcoin user but bitcoin is very helpful and it can give you a profit if you invest your money or you work for a bitcoin just keep holding it
megynacuna
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January 22, 2018, 11:26:57 PM
 #968

No bitcoin is not dangerous and yes, when we don’t know exactly what bitcoin really is we heard that the bitcoin is dangerous but in reality it’s not it just becomes dangerous because of the people who use bitcoin to scam and to be dishonest to the bitcoin user but bitcoin is very helpful and it can give you a profit if you invest your money or you work for a bitcoin just keep holding it

It's funny to read some comments in this thread, how can bitcoin be dangerous in the first place? If you don't believe in the project, just don't invest into it period because you will need to risk something for something here and that's part of our world. Bitcoin investment just like any other could either appreciate or depreciate depending on the market dynamics and so it makes no sense to me if someone thinks its dangerous , because it wasn't designed to remain stable forever.
Ajinomoto40
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January 23, 2018, 12:10:52 AM
 #969

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 think the word dangerous fits in because bitcon is only risky. We all know that bitcoin is decentralized and they always make sure that our profiles are well secured. In my country, the use of bitcoin is not limited or being disapproved. It just happened that many people are using it sometimes for some illegal transaction that's why its name is being made bad.

rudyrista123
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January 23, 2018, 01:49:29 AM
 #970

Bitcoin is not dangerous. I think it needs a bit of time for governments. Perhaps in the near future, most countries will accept bitcoin payment. Bitcoin can improve the efficiency of payment, it is not inflationary, it is lower than the banking industry.

True, the System has ensured that the maximum bitcoin in the world is 21 Million BTC so there will be no inflation. But in my country can not be used as a transaction tool. Bitcoin transactions are usually done by both parties who collect Bitcoin. It's just that Bitcoin does not enter into a valid transaction tool set by BI. whether in your country can?
randyboy
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January 23, 2018, 01:55:04 AM
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 #971

Maybe its not why people are using bitcoins. Invest in bitcoin if bitcoin totally dangerous people not use bitcoin and bitcoin help us either rather than to destroy us bitcoin are also known as risky to invest and that is right for me because its not always you gain a profit you can longer to wait until the right to value so its not dangerous its risky.
chrismca
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January 23, 2018, 01:56:34 AM
 #972

but now bitcoin so late confirmation
no resomendation for hols I think
I need fast confirm if want make crypto for payment gateway
dalesotpi
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January 23, 2018, 01:57:22 AM
 #973

bitcoin can help one gain financial freedom.
also bitcoin is free from any regulations, and presently, potential of BTC isn't even at it's peak.
it is only dangerous when one invests bitcoin unwittingly.
ichanjay
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January 23, 2018, 01:57:26 AM
 #974

Bitcoin is dangerous, But still government is more dangerous. They know they can't take down crypto, so now they're doing their best to benefit from it by taxing the trading
hotcoin1234
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January 23, 2018, 02:06:51 AM
 #975

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 ?

From what i know anything can be dangerous even when you breathe in air, i will think that as long as you know what you are doing the dangerous level will then be greatly reduced.
Firstly bitcoin is decentralize and it allows transaction to happen quicker than normal payment which have to go through bank
Secondly it is a "heaven" for people selling game item etc which is not a physical item they wont need to be scared the buyer claw black payment after certain months when the item is used up.
Lastly which is the convenience as long as you have a wallet you can make payment easily with a very low cost
I guess the only dangerous part is being hacked.
kamBlanV
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January 23, 2018, 02:09:18 AM
 #976

sure its getting more dangerous every day
very dangerous but provides many advantages.
that's why Bitcoin is now in great demand. Hehehe  Cheesy Cheesy Cheesy

lsokalski
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January 23, 2018, 02:09:36 AM
 #977

I dont even know if its dangerous. Because when i first time hearing bitcoins. I dont believe it. But my husband believe on bitcoin. So he invest on the bitcoin and the anount is going up and down. So i told to my husband that im not gonna believe you right now but if you already got some money on that bitcoin im gonna believe you.
Benjamin.1969
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January 23, 2018, 02:12:19 AM
 #978

Bitcoin is only dangerous when you invest everything or most of what you have just to gain the hype and trend of bitcoin.bitcoin is a digital currency so we can not say that it is in danger.
Leanna44
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January 23, 2018, 02:25:50 AM
 #979

Of course bitcoin is not dangerous!  how could be a dangerous when bitcoin helps a lot of our fellow members solve their financial needs  through cryptocurrency,.and have their investments,  its a big help either rather than to be in danger., it is danger when bitcoin is in the hands of some bad people you know they will use it in their bad doings.,
wew13
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January 23, 2018, 02:37:14 AM
 #980

Yes, bitcoin can be dangerous if you're not aware. To be aware, first of all you need to study bitcoin.
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