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Author Topic: Bitcoin Dangerous ?  (Read 2215 times)
Earthk
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April 06, 2018, 11:28:59 AM
 #401

i want to ask what makes the bitcoin dangerous? to the point that many countries prohibit the use of bitcoin in their countries. I want to hear your opinion

There is nothing dangerous about Bitcoin. there are a little risky. Investing at Bitcoin is a little risky. Because many are many people of cheating. Moreover, Bitcoin has no banking system. Moreover, there is no risk without these problems.
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April 06, 2018, 11:37:28 AM
 #402

I don't blame many countries that are prohibiting bitcoin, some of the do not have the wide knowledge of what bitcoin is about, but are strongly trying prevent fraudulent acts in their country, some countries are really filled with criminals/fraudsters that takes any opportunity to promote their vices. Therefore, some country government does not even want to know what it Is like. They see it illegal
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April 06, 2018, 11:52:37 AM
 #403

Do I want to ask what makes the bitcoin dangerous? to the point that many countries prohibit the use of bitcoin in their countries. I want to hear your opinion

bitcoin becomes dangerous if not done good data management and thorough.
Bad possibilities can happen to anything if we are careless.
Bitcoin is considered dangerous because it can be a criminal act like corruption, its safety level is still in question.
Marrionbitcoin
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April 06, 2018, 11:56:29 AM
 #404

i want to ask what makes the bitcoin dangerous? to the point that many countries prohibit the use of bitcoin in their countries. I want to hear your opinion

Bitcoin is not dangerous but people who had bad intentions and take the opportunity to steal money from other people. Bitcoin was created for our own benefit and that is to make ourlives better and easier.
In our part, we must be careful with the password or security and just don't share it to others. We can download security applications that can add additional protection to our investments. Just be careful always and happy trading.
bajingluncat
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April 06, 2018, 11:57:35 AM
 #405

I think the dangers are not on the btc itself but on its holders, the absence of control so that anyone can use it even for crime, besides perhaps because there is no clear regulation and no system that controls it so that many countries that oppose it can not be touched btc by taxes may also be the reason too, however many countries expect income through the income value of every citizen
Lektor188
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April 06, 2018, 12:12:20 PM
 #406

If bitcoin collapses, it can pull not only small adventurous investors, but also large institutional investors, which would be a serious blow to the financial industry of the United States and other countries that favor cryptocurrencies.
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April 06, 2018, 12:18:21 PM
 #407

I think Dangerous or not , is depend on the person itself. If he never believe about the bitcoin, than he will think it is dangerous since bitcoin is a cryptocurrency.
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April 06, 2018, 12:19:03 PM
 #408

i want to ask what makes the bitcoin dangerous? to the point that many countries prohibit the use of bitcoin in their countries. I want to hear your opinion
I think it's not a bitcoin that can harm it, but the existence of people who try to use bitcoin for the less good. As used for money laundering by a corrupt person or used as transactions for terrorist networks.
Yeah I agree. People will take advantage on this technology as they can hide their money into the cryptoworld or use it to transact illegal items around the world. Although some countries are having regulation to prevent those transactions. Let's hope for more solid regulations that will protect the entire crypto and the investors.
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April 06, 2018, 01:26:30 PM
 #409

Criminals used bitcoin for money laundering. Some people used bitcoin for tax evasion thats why government is so strict for using bitcoin.

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April 06, 2018, 01:32:29 PM
 #410

Bitcoin is not dangerous or hazardous. Maybe it is an uncertain investment for some.other individual but for us, a bitcoi. believer and loyal it is a good and unique kind of investment. Bitcoin does not possess any dangers that could harm anyone. I know i got your point but the word dangerous does not fit or describe bitcoin uncertainty of the investment. Manynhas earned already huge profit.and those who did not believe before are now investing thaylt is why the bitcoin price starting from 1k become 19k in the late 2017 bitcoin price. The bitcoin demand that time was so high.

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April 06, 2018, 01:43:12 PM
 #411

i want to ask what makes the bitcoin dangerous? to the point that many countries prohibit the use of bitcoin in their countries. I want to hear your opinion

For maybe because other people taking advantage of bitcoin, they may use it in illegal ways like to scam people to make  easy and more money of it. Because of that case, other's mind set is bitcoin is dangerous which is not.

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April 06, 2018, 01:57:17 PM
 #412

For me Bitcoin is not dangerous although this is more helpful to me because for the better source of income to me that can pay my tuition fee and i can help my family.
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April 06, 2018, 02:02:42 PM
 #413

i want to ask what makes the bitcoin dangerous? to the point that many countries prohibit the use of bitcoin in their countries. I want to hear your opinion

Well, bitcoin is not dangerous if we know how to handle bitcoin in the term to make our own profit.
Dangerous of bitcoin is only it can make us loss money and even loss all.of our money. We should be afraid about this and afraid sometime help us to improve our ability.
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April 06, 2018, 02:10:04 PM
 #414

i want to ask what makes the bitcoin dangerous? to the point that many countries prohibit the use of bitcoin in their countries. I want to hear your opinion
harmless bitcoins, which are harmful to the bitcoin users themselves. if they are not careful in trading then they will fall into huge losses and will affect the economy of the country
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April 06, 2018, 02:20:06 PM
 #415

It is hard to join this opportunity to earn lot of money and it is dangerous if we didn't know how to earn and use it but for me, it is not dangerous to earn lot of money because, I use it bitcoin it is good and safe to me and its help me to save money in my future. It is your doing if you scam or believe if bitcoin is dangerous but for me it is not dangerous.
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April 06, 2018, 02:52:35 PM
 #416

Some countries or some people may think the bitcoin is dangerous because of some reasons. First, They think that bitcoin is a manner for illegal transaction done by the terrorists in the world. They think that bitcoin is also dangerous because it is available to be used for money-laundry easily. Well, those thoughts relate to easiness and ability of bitcoin to be used every time, everywhere. However, in this case, we cannot say that Bitcoin is dangerous. Actually, it will depend on how the people use it. Bitcoin is a good change for future and advanced transaction technology. It becomes also a good investment. Well in this case, dangerous or not, it will depend on the users.

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April 06, 2018, 03:15:25 PM
 #417

i want to ask what makes the bitcoin dangerous? to the point that many countries prohibit the use of bitcoin in their countries. I want to hear your opinion

It is not what they think that bitcoin is dangerous, it is just media or people who dont believe bitcoin who made it worst which gave false news. Bitcoin is not dangerous, its just risky to invest in but it may end into a good result which is profitable.
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April 06, 2018, 04:19:35 PM
 #418

Yes,Bitcoin is illegal in some countries specially my country in Bangladesh.Bangladesh central bank is not allow Bitcoin or any crypto currency because main reason is their opinion BTC is used for money laundering,Crime,Drug and other many illegal work.That's why government announced this is illegal and strictly prohibited.I don't know why it's banned in other countries.BTC is very trustworthy coin if you can use it in the right place.I think it's not Dangerous for society or human it's only my personal opinion.

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April 06, 2018, 04:34:53 PM
 #419

No, not bitcoin but the people who uses it. Bitcoin is only an instrument but it still depends on us on how to handle it, if we are responsible enough then there is nothing to worry about. But then, there are some who uses it in some illegal works that is why some thinks it is dangerous but again, it is how we use it.

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April 06, 2018, 04:37:25 PM
 #420

I think bitcoin can cause people to become rich and poor instantly, because the price is up and down. other causes may be because in a country not allowed a digital currency that makes their original currency is rarely used
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