Is bitcoin dangerous ?

[Sebastian1890]

We live in the digital world and methods of exchange also alter and became more adapted to the modern community  t will be dangerous if people use it for crime or money laundering or fund transfer to anyone for doing not good so it is really depends on the usage of Bitcoin. Bitcoin created for our own good and for the betterment of our nations. So we better to use Bitcoin for payment or invest thru trading.

[jikurpa]

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 bitcoin is not a dangerous because bitcoin or the other is created as well as the need for technological development and all that indirectly humans will try to keep up with those developments

[ys fs]

why bitcoin is dangerous?? by the way what is danger from bitcoin?? i thin bitcoin is not danger. maybe this hoax..

[Makingmoney2018]

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 bitcoin is not dangerous. Bitcoin is a distributed ledger, tracking value exchange from person to person so that everyone can be benefited from distributed accountability. Bitcoin is something we should not be afraid of.

[Disclaimert]

The value of digital currencies bitcoin continues to skyrocket even to nearly reach 12,000 US dollars. Reinforcement of bitcoin that has not shown this stop sign raises concerns and warnings for investors.

Economist from Yale University, Stephen Roach said, bitcoin can pose a dangerous risk "bubble"

[Hudadahuda2018]

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 ?

It's nice and I like your opinion.
In my opinion, those who rely on bitcoin in transactions on the internet because the transaction is very fast than others, therefore they rely on it and until they want to add or make any kind of currency on the internet.

[Christian13]

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 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.  And 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.

[indika8821]

everything has a risk
risk is speculative
speculation is subjective
you need to decide what you want to do for yourself

[welljo0108]

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 ?

No its not dangerous first we have a coin wallet and we all know it secured. Unless someone hacked it.

[acell101]

Of course not, It is your mere responsibility to protect your account away from danger.. Protect your bitcoin account just like protecting money..

[19faraon88]

Depends on how you underatsnd bitcoin but for me nithing is dangerous on bitcoin, its decentralized almost all altcoins can be tradable on bitcoin even our local currencies... It also gives financial freedom no tax to deal.. If there is one thing dangerous in bitcoin is that being hacked easily by expert hacker so be smart enough how to keep your funds online.  

Yes, you are correct on this. Read more about Bitcoin so that you are not afraid on it. Dangerous word is not for bitcoin. Bitcoiner's have open-minded, who read information about the process and business of bitcoin. Being decentralized transaction, its creator gave his best to be more secure our transactions.

[Irvinn]

Bitcoin as a crypto currency is very different from the usual currencies of different countries, because it is decentralized, independent of any state or international body, its transactions are conducted without the participation of third parties and without control on their part, the bitcoin holder can transfer his money at any time of the day anywhere in the world, it is generally anonymous. All these advantages make the Crypto currency revolutionary.
      At the same time investing in bitcoin involves a certain amount of risk, since it has the property of a financial bubble and in the later stages, if it soars very high, it can drastically depreciate.

[Jeepney_koh]

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 dangerous. The reasons why bitcoin exist in the digital world is to support the needs of currency just for online transactions. It is easier to use bitcoin than sending money over the internet. Also, it is better to use bitcoin than credit cards that may be hacked. Bitcoin is a good thing because it is decentralized, and no one controls it and no one can add up supply into it.

[Cah.gopal]

I think, it's not dangerous if we protect our account...

[winwinmaimai]

Bitcoin now is not safe for investors, price is not maintain for a long time, in some days, price is high and investors happy, but one week come , price is lower , decrease 4k usd .I thinks for today, invest ETh is good than bitcoin. And transaction is faster, not same bitcoin, must waiting some days.to confirm.
In sort, bitcoin is in dangerous .

[pluMmet]

According to me bitcoin harmless, as long as we wise man in using bitcoin and conscientious, because a threat to bitcoin I know maybe bigger than the hackers that can be anytime steal bitcoin we

[Shwester]

If you have complete knowledge of crypto surrency/ bitcoin how it will work then it is harmless.It will become dangerous when you don't know much about bitcoin.

[jdl0930]

It can be dangerous for people who has lack knowledge about what bitcoin is?.Due to increasing demands of bitcoins for different  countries we should learn to handle and hold our bitcoins properly.

[ace4549]

In my own opinion, bitcoin is not dangerous. Yiu just have to learn how to deal with it. Basic knowledge about bitcoins is perfectly fine to start a career. And make sure you have security codes!

[Whiteice]

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 ?

Not really bitcoin just like any other investment requires due diligence.