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Author Topic: Is bitcoin dangerous ?  (Read 5700 times)
SarahAfiah
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February 24, 2018, 05:14:51 PM
 #1401

If there is no central regulator, then the price of the currency makes a mad sprint up and down, which we clearly see in the example of bitcoin. Therefore, investing in such a coin is very risky and dangerous. But on the other hand, whoever doesn't take risks, will not earn a lot of money.
I fix your words, Bitcoin can earn a lot of money, can be said bitcoin is not dangerous even bitcoin is the greatest opportunity to achieve success instantly it only takes a long time in determining the steps we take in exchange. who risk only ourselves if the emotions are not calm. stay positive thinking and you will enjoy every process and will get more profit at the right time

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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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February 24, 2018, 05:15:52 PM
 #1402

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 it cannot be considered to be dangerous. The dangerous thing here in bitcoin is the way we earn bitcoin. There are a lot of scammers and frauds here so it will be dangerous if you are going to be careless here. Many people are already failing here because of being too careless so you better be aware and mindful on what's happening in the market.

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YuriyBorisov
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February 24, 2018, 05:19:49 PM
 #1403

The bitcoin is the future of our planet! It is better to start understanding and understanding this unit of account today, than then when is already late.
Tzuan_bit
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February 24, 2018, 05:22:53 PM
 #1404

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 this is the latest change to get to the future and the people working without the fees and taxes all can benefit us and can improve the state finance if follow-up investing and I am sure in the future will not continue to use the paper currency but transparent currency and reduce theft and can bring a lot of money without being robbed by others because they do not know if we are bitcoin member who holds a lot of money and if you go abroad you do not bother to exchange money to the bank but only exchange to the digital currency
qwerty12
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February 24, 2018, 05:34:07 PM
 #1405

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 can play a role as a global currency.
Although each country has its own currency, bitcoin remains present and enters it. Bitcoin knows no national borders, does not waver due to political conditions in government, and is not affected by anything.
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February 24, 2018, 05:44:46 PM
 #1406

If there is no central regulator, then the price of the currency makes a mad sprint up and down, which we clearly see in the example of bitcoin. Therefore, investing in such a coin is very risky and dangerous. But on the other hand, whoever doesn't take risks, will not earn a lot of money.


Exactly, that is the danger in bitcoin. There is money involved and  we trade and transact with people who we really do not know exactly. And that is the point why it is called as trading. And that is the risk. Well, besides since bitcoin is a cryptocurrency, there are safety measures in our wallet that we may hold on too. Risk is part tho.

 
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February 24, 2018, 05:46:39 PM
 #1407

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February 24, 2018, 05:56:08 PM
 #1408

People who really don't know about bitcoin they will think that bitcoin is dangerous. We all know that bitcoin is a digital cryptocurrency which is highly valuable in online marketing now. Most of the people who is using bitcoin will not say bitcoin is dangerous.
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February 24, 2018, 06:01:53 PM
 #1409

In reality, bitcoin was not conceived to be a currency similar to those that already exist in the current centralized financial system. Precisely the power of its decentralization is what has made it "dangerous" for the current predominant system, because it has the potential to remove the monopoly of money to the state to put it in the hands of citizens, and this would mean a loss of income through taxes that the states can not afford.
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February 24, 2018, 08:18:03 PM
 #1410

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 a way for people to trade with each other more easily but in different ways, Bitcoin has also considered a risk when money is not carefully managed inside, people often say if hackers Bitcoin attacks are likely to cost investors cash and this is one of the most significant concerns of investors.
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