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Author Topic: Is bitcoin dangerous ?  (Read 5702 times)
lamcouz
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February 23, 2018, 03:53:05 PM
 #1361

Any new things always cause suspicion, perhaps many people will think that the bitcoin is just a ponzi scheme, the currency worthless, then this is because they don't understand the bitcoin, the bitcoin is the future of the international monetary, Grin
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Crash21
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February 23, 2018, 03:55:10 PM
 #1362

If you sacred of bitcoin and everything associated with better not even to start using and working with bitcoin. Better get professional skills and find other job.
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February 23, 2018, 03:59:14 PM
 #1363

yes, just  make sure you know what you're doing and manage the risks
cherrymobile
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February 23, 2018, 04:01:46 PM
 #1364

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 ?
Dont be afraid and be more knowledgeable about bitcoin . So that you will never happen to be scam.  It is not dangerous if you work it well. Dont used the bitcoin for some negativity like illegal thing .Work hard ,invest and save some of it.
ralph_0608
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February 23, 2018, 04:03:17 PM
 #1365

# 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..
Well said to add bitcoin serves as medium or intermediary payment online since fiat could not be directly acceptable in some cases. through btc as intermediary mode  transaction was getting faster with more lesser fees than bank and money changer.

opeanis
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February 23, 2018, 04:09:15 PM
 #1366

The dangerous and scary things that people think about it is a mirage.  It builds up as a result of flimsy excuses that pops up as a result of temporal challenges the world believes about it but it will in turn yield positive.  It is scary neither dangerous but it will yield with time.
Urbinklin
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February 23, 2018, 04:09:23 PM
 #1367

Of course, there is a certain risk in bitcoin investments, but the task of each investor is to store your bitcoin as safely as possible. Then everything will be fine. And on other, external factors we can not influence in any way they can.
Alanpigi80
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February 24, 2018, 07:38:05 AM
 #1368

Bitcoin is freedom, for many people freedom is dangerous for them, because breaks their privileges and they try to block this freedom. I think that Bitcoin and other cryptos are a good thing, a fresh wind in our society economy. The future is brighter than ever for this economy that’s moving so fast, growing day by day
Argoo
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February 24, 2018, 07:48:14 AM
 #1369

Bijkoin is not dangerous, but the investment in it will be risky at a later stage, when it will greatly increase in its price.

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Tuyul Gupies
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February 24, 2018, 07:53:19 AM
 #1370



I think this is a demands of the development of the era that is now very modern and all online, efficiency and profitable, it is what makes bitcoin more and more in the enjoyment of its users and finally able to survive because according to the needs in this era
glowing10
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February 24, 2018, 07:56:43 AM
 #1371

I do not know exactly what the reason people say that bitcoin is dangerous, but if it is legalized it can reduce unemployment even poverty, those who say bitcoin is dangerous of course are people who do not understand the progress of time.

Govt do consider it as a dangerous because it can be wrongly utilized and the money could be used for wrong things. Also it is not that easy to crack down this and govt cannot completely regulate it so better they think to stay away from such things which could be a national threat to their country.
Gerandoong
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February 24, 2018, 08:06:36 AM
 #1372

Yes actually dangerous because bitcoin is an asset whose value is not very stable or fluctuating sort. This will be very dangerous if used for investment because it could make a greatly reduced capital.
wisdomcn
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February 24, 2018, 08:09:05 AM
 #1373

I think it's dangerous the area that you can invest all your money into bitcoin if your account get hankered or when you buy all the bitcoins your money then its price drops and it's just gone if you sell it at a dump price, it's hard for you to earn money and it will not come back. And also Dangerous in the sense that its market price is very volatile where price can go down like crazy but on the better side of it, bitcoin can give you big profit when its market price rises drastically.
LAHARMANIA
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February 24, 2018, 08:34:35 AM
 #1374

no, while using wisely and responsibly, on the contrary Bitcoin has great potential for society, because it can reduce unemployment and poverty in society
aimey
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February 24, 2018, 08:46:22 AM
 #1375

Bitcoin is not dangerous, It depends to the users and investor's who are releasing a large amount of money/capital because of the desire to earn a great deal. Investing in large amounts has a risk because of its volatile price. It's better to invest in exact which you can accept if you lose.
android17
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February 24, 2018, 11:21:45 AM
Last edit: February 24, 2018, 06:16:44 PM by android17
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 #1376

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 ?

These are all part of the development and advancement in our society. These years, digital currency becomes trending so it is not surprising that cryptocurrencies become popular. There is no exactly time when does Bitcoin made but one is for sure, it is exhibiting that it has place in the future.  
Because of this digital money, many transactions are being processed in a single minute. Hence more convenient to the users for they can use it wherever they are as long you have the smartphone.

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tanginamoo
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February 24, 2018, 11:29:23 AM
 #1377

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 ?
In holding or investing a bitcoin, in depends on the person itself if it will be dangerous or not. If the person is wise and knows how to manage it will be an advantage to the person but if the it the type of anperson who invest all his/her earnings, this is the time it can be label as dangerous.

Wylie330
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February 24, 2018, 11:46:54 AM
 #1378

Bitcoin was created to solve the problems. Problems we have right now in our economy. Bitcoin will never be dangerous to us if we use it in a good way. Just like technologies. Yes, there are disadvantages of technology because we overused them or simply use them in a bad way. Everything created in this digital age was created to help us to have a convenient life not to be worst.

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e19293001
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February 24, 2018, 11:54:06 AM
 #1379

Bitcoin might be dangerous for the innocent. Scammers can take
advantage of this. People can be affected by FUDs from their
investments. Wallets can be hacked. Bitcoin or cryptocurrency
should be handled with extra care and people should be well
educated because there were already a lot of people who lost
large amount of money.
gvnsrbtc
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February 24, 2018, 11:56:12 AM
 #1380

In my opinion Bitcoin is not dangerous, I don't know whether Bitcoin is created intentionally or not by Satoshi, but I know Bitcoin has helped most people's finances and made changes in the economy.... Of course there are some risks but it's worth to take it.
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