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Author Topic: Is bitcoin dangerous ?  (Read 5753 times)
jak3
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January 30, 2018, 08:05:01 PM
 #1181

It's not only about making the transaction faster but making the money system much more logical and easier for common people. People have been becoming a Slave for banks and governments for a long time and now finally we have the Bitcoin which allows us to spend and earn money on the internet freely. It provides the freedom which everyone should get. If you are like a gambler and put all of your money into one single bet in Bitcoin yes you are the most stupid person in the world you have to play it smart there is a lot of risks you have to minimize the chances of getting one. And if you get one you will have to tackle it.
DonPakito
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January 31, 2018, 03:24:33 PM
 #1182

For me, bitcoin alone is not dangerous. The dangers come in when its users abuse it and use it for illegal things. Bitcoin is decentralized, bitcoin transactions are anonymous and makes it possible to transact across borders. Considering these things, primarily, these are advantages. These gives people freedom. But just because bitcoin provides freedom doesn't mean one has the right to do unjust things. Freedom allows us to be wrong, not to do wrong. There is a difference there. Abuse is what makes something dangerous. Maybe that is the reason why other people are afraid of bitcoin— because they get the wrong impression. We have to stop the stigma and prove them that bitcoin is beneficial rather than dangerous.  
pluMmet
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January 31, 2018, 03:31:56 PM
 #1183

According to me bitcoin not was dangerous, but bitcoin indeed have risk, all back to the user like where they use bitcoin, because each something has the risk of each including bitcoin
_noname_
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January 31, 2018, 03:35:35 PM
 #1184

NOPE, Bitcoin is not a dangerous but bitcoin is a money and if you can work legally with bitcoin then you can earn huge money while if you are asking about working with bitcoin then indeed working like trading and investing with bitcoin is a high risk because price of bitcoin is very high and volatile and you can face huge loss if you can't play with technique.
hh4mmm
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January 31, 2018, 03:52:05 PM
 #1185

i don't think if btc dangerous because is uncontrolled by countries, secondly bitcoin payment is anonymous, and bitcoin is decentralized.. bitcoin is not issued by anyone or individuals nobody, you have control and make decisions
so with all this features makes it different compled physical currencies.   
wiepers
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January 31, 2018, 04:11:29 PM
 #1186

bitcoin is made to balance all existing currencies. during this time many of the currency is not balanced. and bitcoin is able to balance all that. bitcoin is not harmful. because everyone knows, if dangerous then, no one will play bitcoin.

lucifer2
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January 31, 2018, 04:37:36 PM
 #1187

precisely because bitcoin is received by many people so all the currencies recognize the value of bitcoin. bitcoin is very safe If we hold in exchanger exchangers that have a legal entity so that our assets can be safe. If we do in desktop or flasdiks then it is very safe because only we can access our bitcoin.
Mei1418
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January 31, 2018, 04:46:31 PM
 #1188

as technological developments scientists also race to do research that can change the world, like bitcoin, it is true in every country has very much currency in circulation, but bitcoin also has a positive side, just imagine if you do transactions with people who different countries with you, bitcoin also be one good alternative without going through a bank that requires a lot of time and conditions. but bitcoin can also be harmful if using it does not use a good procedure
Gregoryxl
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January 31, 2018, 05:21:35 PM
 #1189

The only reason it could be dangerous is if it suffers a total fall in its value and that is almost impossible, the important thing is to wait for it to stabilize. In what if you must be careful is in brokers agents, they can cheat and take your money without giving you anything in return.
Kim Ji Won
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January 31, 2018, 05:26:08 PM
 #1190

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 ?
So that we can be freed from the manipulative and controlling government and banks which always puts a tax and interfere with our online transactions. Bitcoin was made to be decentralized by Satoshi, so that we will get out of the financial enslavement and be free on our own. Also, this type of currencies can be used by all levels of people in the world, aside from the faster and easier transaction you've been saying.
dr.cheema
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January 31, 2018, 05:33:34 PM
 #1191

Bitcoin is not dangerous, Bitcoin hit a record high when it passed $19,850 in december, but then tumbled rapidly, falling to below $12,000 within days.

Its value has shifted unpredictably ever since, with frequent wild drops and recoveries.

It is worth $$10,091.20 right now, according to the CoinMarketCap.
Gen-8
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January 31, 2018, 06:24:42 PM
 #1192

in my view, bitcoin is harmless as long as we can withstand our appetite to sell or buy this bitcoin. Essentially, if we use this bitcoin properly and correctly, it will get good results, and vice versa if done badly, it will get ruin.
newb-dev
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January 31, 2018, 06:25:48 PM
 #1193

Bitcoin is a cryptocurrency, It is not dangerous. Is you regular cash dangerous? No, so bitcoin can not be dangerous. You can use bitcoin for bad things but this doesn't make it bad
Momoamzad
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January 31, 2018, 06:28:06 PM
 #1194

It is a harmless currency online based. This is helping people to remove their financial condition. It is true that there is a currency in everh single country but they couldn't give everyone financial happiness but bitcoin has that power to make financial condition better of everyone . it is high rate currency . so people love to work with it.

Lingesh
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January 31, 2018, 06:40:19 PM
 #1195

It is not dangerous. It is cryptocurrency. Our physical currency not dangerous like that bit coin also no dangerous
drfugazi
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January 31, 2018, 11:22:11 PM
 #1196

It is dangerous. Why? because it is decentralize it means that its price is not controlled by the government so there is no assurance for us that bitcoin will be at stable price although we are already aware of that possibility. But for me, it is better  to take risk than nothing in return at all, we just need to learn all that we need to learn.
emirkalyoncu
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January 31, 2018, 11:32:07 PM
 #1197

I dont think that bitcoin is dangerous.But everyone should be careful about the fake news and never give your private keys to anyone not even your best friend
BlackBeauty
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January 31, 2018, 11:32:12 PM
 #1198

It is dangerous. Why? because it is decentralize it means that its price is not controlled by the government so there is no assurance for us that bitcoin will be at stable price although we are already aware of that possibility. But for me, it is better  to take risk than nothing in return at all, we just need to learn all that we need to learn.

Bitcoin is not dangerous because it makes many people's life and everyone want to join bitcoin because they know bitcoin is one the best way to earn money in this tough life and that's why they want to invest their money in bitcoin because they know it will beneficial for them.
Raihan050
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February 01, 2018, 02:20:25 PM
 #1199

Obviously, there is a bit different in the Bitcoin from another currency for which it attracting everyone.it is decentralized also it's gives us financial freedom among them which makes Bitcoin different from other currencies.

h55
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February 01, 2018, 02:23:28 PM
 #1200

yes and no. if you are professional in trading it had not dangerous for you, else maybe you are in the risk
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