Is bitcoin dangerous ?

[trickyriky]

If you understand how to manage Bitcoin it is not dangerous. And if you sell a house, for example, to invest in bitcoin without thinking about the future risk, it may be rather risky.

However it can become dangerous if you are addicted to Bitcoin and ready to sell everything including your house to buy more BTC.

[jhezmark]

however it can become dangerous if you are always use bitcoin some people sell their item to exchange to bitcoin bitcoin is dangerous but some people want to risk to earn more income .

[Taqi Ahmad]

sure its getting more dangerous every day

Bitcoin, in my opinion, is not dangerous because it's only virtual currency that can be used in crypto trading.

[Rascar Capac]

When it comes to arms trafficking, drugs etc... I think most of them are bought in fiat... Where it is dangerous is that it can cost a lot of money to a panic seller... People invest more than they can afford

[BossMacko]

Well since it is anonymous yeah it can be dangerous if use in a wrong way like buying things that was smuggled, illegal drugs but this is only be done by few people who uses drugs. The rest like me are using Bitcoin like a life saver because in Bitcoin if you will just invest your time, effort and money you'll really get rich like in the future.

[Pamela Jobelle]

 It depends on your trust on how will you trust bitcoin. Joining this community is full of risk. Cryptocurrency is made to let us experience financial transaction without the middlemen thus its tantamount to saying that lower fees will be imposed in it. Also, it is designed to be used without giving a lot of information about the person whose making the transaction that might expose him in higher risk.

[DispatchLabs]

Bitcoin is not inherently dangerous.  It is the user of the technology that makes it dangerous or uses it for good.  The technology is just a tool wielded by the user.

[Paopao]

I think you need to read Satoshi Nakamoto's notebook about bitcoin and you will understand why bitcoin was created to add much money to it before bitcoin. I think it has done as good than bad, so yet the motive it added should be appreciated.

[Ryanpaul80]

For me Bitcoin is dangerous because you can be scammed if you dont think right and make a right descision  Bitcoin is dangerous because you put your money in risk like investing in Bitcoin if its price go down your money will be wasted and your future and your family will bein risk and you dont know if you negotiating in that person that you dont know what is his/her identity you can be scammed.

[First77]

Bitcoin is not inherently dangerous.  It is the user of the technology that makes it dangerous or uses it for good.  The technology is just a tool wielded by the user.

with $650,000,000,000 being sent here and there anonymously and untraced, a major terrorist attack or War is imminent.

[syaripudin]

bitcoin is a new breakthrough in the digital age so I think why bitcoin is created. because at this time the development of a very fast internet technology where everyone will need a faster way of transactions despite being in different places of the country even. and I think bitcoin is the answer in terms of speeding up to transact.

[compak_comunity]

I guess bitcoin is not harmful at all but it still takes a long time for the government to accept it well as a means of transactions in the future so as to make someone easier when wanting to do various trade or investment.

[MrRiuss]

its depend on the persons point of view. it someone get advantages from bitcoin, it wont dangerous. on the contrary, if disadvantages, he/she will say it is dangerous

[Crystacool]

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, I agree with you. The price of bitcoin is unstable. Buying bitcoin is an investment, and investment is risky. No one knows the price of bitcoin in the future. Bitcoin, which is anonymous, trades at a slow pace and is expensive to trade, and not every country accepts the legal status of bitcoin.

[marufurniture]

if talking about worriying on bitcoin , it depends on the user or the people to use all about it.

[KrisAlex18]

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 just a cryptocurrency so you couldn't consider it dangerous. Maybe the ways you earn it can be considered dangerous. Many people are unaware of bitcoin's danger that's why they end up being unsuccessful. It is considered to be normal to have bitcoin some risky factors since it is mining and investing. Be aware always so that you can avoid some possible dangers here.

[tommyeyt]

bitcoin is't dangerous, bitcoin is the best coin just now, but the bitcoin popularity will be decrease
cause the cost of bitcoin is high-priced and many people scared to invest in bitcoin

[Zeque02]

Bitcoin, could only be dangerous if you took the risk of investing all of your money onto it. That could dealt some huge regret if bitcoin would fail. It is never been dangerous because it is still man-controlled and powered which can't be stolen nor cheated unlike an AI which learns everything from pieces to huge limitless knowledge.

Definitely right, once you invest you need to ready yourself what will happen because the value of bitcoin is not stable it sometimes high and it sometimes goes low which can affect the money you invest. In terms of getting profit there is no need to be worry because it is very safe as long you keep by your own your account in bitcoin wallet  where you put all profit you recieved from different BTC campaign.

[CuteBaby123]

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 created for easier payment of work done online. Its anonimousity makes bitcoin a better payment method. Moreover, bitcoin is not dangerous because it is a cryptocurrency, created for online transaction. The dangerous are those hackers of bitcoin and doing fraud just to have bitcoin the easier way.

[GavenJack]

in the bitcoin itself, there is not anything dangerous, it's just a crypto-currency, the method of purchase, or the moment of purchase, can be dangerous. investments