Bitcoin have more risks than benefits?

[jpnl0005]

There is absolutely nothing without risk.Bitcoin has more benefits than risk for me so longer as the owners are i charge of their transactions with no one attached(middlemen) and also handle and manage their wallet by themselves people only lose or should i bear their risk when the dont know the right time to invest and also to make sell. The advantages are visible for us to see

[PM.coins]

It must be realized and accepted that joining bitcoin as a business involves high risk and profit. For those people who have known much about btc , they are interested in investing in it because very profitable for them. In the meantime, people who get involved in it without learning before, they may face big loss.So in this case,  btc can be treated as high profit and high risk business and it doesn't mean  that risks are more than benefits.

[bajigur894784]

Bank of Spain, in Madrid, says that the bank of cryptocurrencies, bitcoin, it's not worth it, and there are more risks than benefits. There are more innovations and they are having more effect.

Notices: https://traders.fxstockbroker.com/article/use-of-crypto-currencies-has-more-risks-than-benefits-bank-of-spain-head
             https://www.compuserve.com/news/world/story/0002/20180523/KCN1IO0YB_1


What is your opinion?

The presence of Bitcoin is a form of resistance against the monetary authorities and bankers due to the financial crisis that happened in the past few years.

So I think what they (bank) say is not true, they are just worried about losing the trust of the society, so they continue to make statements that can make the bitcoin weak and try to scare society so as not to switch to bitcoin.

[AliMan]

Bitcoin has more benefits than risks in my opinion. Considering the fact that people are allowed to take absolute charge of their own transactions and manage their wallets all by themselves in a transparent environment, without middle men, bitcoin surely has numerous advantages. The risks only come in when you are not patient enough to wait for prices to rise.

It's not like that so I don't agree with this. Yes bitcoin is too risky but very valuable because it's helping us a lot. There are lot of benefits with bitcoin so its risk is being taken over. Bitcoin is beneficial so live with it and don't think too mich of the risk but be aware of it. Bitcoin is just worthy of sacrifice so take a risk.

[prediction on bush]

Bank of Spain, in Madrid, says that the bank of cryptocurrencies, bitcoin, it's not worth it, and there are more risks than benefits. There are more innovations and they are having more effect.

Notices: https://traders.fxstockbroker.com/article/use-of-crypto-currencies-has-more-risks-than-benefits-bank-of-spain-head
             https://www.compuserve.com/news/world/story/0002/20180523/KCN1IO0YB_1


What is your opinion?

I think no, bitcoin have more benefits than risks because this is gives to my family daily expenses and bitcoin support my studying.

[beckham88]

Countries now have regulations on bitcoin. Bitcoin has great potential. fluctuating fluctuations. It is sure to increase in the future and set new heights

[tatvuong7]

I disagree that bitcoin has more risks than benefit. I am glad to know they said bitcoin has benefits. Every business has a degree of risk involve and bitcoin is not exception. The risk with appropriate measures can be avoided.

[Julia Wilson]

Certainly there are more risks than benefits when investing in Bitcoin.
Those risks include:
- No national federal bank is behind the currency, so if Bitcoin fails there is no authority that can help you
- You can loose your local wallet (thats the most likely risk ) so you will loose access to your Bitcoins forever
- You store your Bitcoins on a central portal, similar to a bank account and this account gets robbed and again you loose all your Bitcoins
- Bitcoin looses market cap and trust and the value of Bitcoin is decreasing again

[vhiancs]

Bank of Spain, in Madrid, says that the bank of cryptocurrencies, bitcoin, it's not worth it, and there are more risks than benefits. There are more innovations and they are having more effect.

Notices: https://traders.fxstockbroker.com/article/use-of-crypto-currencies-has-more-risks-than-benefits-bank-of-spain-head
             https://www.compuserve.com/news/world/story/0002/20180523/KCN1IO0YB_1


What is your opinion?

For my own opinion, i think you are wrong by that, its true that bitcoin currency in on dip but it does not mean that it's very risky because of the price collapse, just like me i can earn without any capital but to participate in a signature campaign , so i can say that the bitcoin currency is very worth it and many benifits i gain.

[janhllr]

It's apparently that investing in Bitcoin has more risks than benefits.

1) Rivalry. Although Bitcoin is the first and, for now, leading cryptocurrency, the emergence of the new ones like, for instance Ethereum, that can be found at any cryptocurrency exchange, is considered by certain experts to shatter the position of Bitcoin.

2) Infrastructure and government control. These two parameters are very interdependent, but while the infrastructure itself is probably only a matter of time, the government control in certain countries appears to be a real problem that prevents the development of Bitcoin in these countries.

3) Lack of clear regulation. Although the decentralized nature and a Peer-To-Peer access offers a lot of great innovative advantages like, at least, the independence from any manipulations, it also brings some problems that slow down the development of Bitcoin and can sometimes lead to its fluctuations. Among the hot issues challenging Bitcoin now are scalability, transaction speed and regulatory framework.

[queennathalia]

Bank of Spain, in Madrid, says that the bank of cryptocurrencies, bitcoin, it's not worth it, and there are more risks than benefits. There are more innovations and they are having more effect.

Notices: https://traders.fxstockbroker.com/article/use-of-crypto-currencies-has-more-risks-than-benefits-bank-of-spain-head
             https://www.compuserve.com/news/world/story/0002/20180523/KCN1IO0YB_1


What is your opinion?

My opinion is, Bitcoin is obviously risky investment. On crpytocurrency once every they got profit they have lose money. So it is circulating about the winner and the loser. So if you're a great trader you will not be loser. So for me once you entered on crypto you need to take care of your money before invest to avoid losing money.

[Helex]

Yes bitcoin have a more risky because the price is too much high and the bitcoin so in bitcoin there are less profit and it is also risky if price decreases as now.

[aileenc]

Bitcoin is risky, thus it is possible to make money out of it. Or else why so many people are so excited about this?

[Raja_Salman]

Bank of Spain, in Madrid, says that the bank of cryptocurrencies, bitcoin, it's not worth it, and there are more risks than benefits. There are more innovations and they are having more effect.

Notices: https://traders.fxstockbroker.com/article/use-of-crypto-currencies-has-more-risks-than-benefits-bank-of-spain-head
             https://www.compuserve.com/news/world/story/0002/20180523/KCN1IO0YB_1


What is your opinion?

my opinion is quite simple beliefs and beliefs about bitcoin will make us will never be affected with any bad news is also greater risk than the benefits I feel comparable risks and benefits that we can if we have patience in investment

[ListenMiss]

For me all investments are have risk. I don't know if there is one that's not has. But investment in bitcoin i think even if you take risk for me it's more beneficial actually all bitcoiners knows that.

[Arata]

Hmm, we all would not be surprised if there is a bank or government that has an opinion that bitcoin is not worth it. It seems they want to lead the public to leave bitcoin so that the bank, as a third party is not worried anymore with the existence of bitcoin (which is likely to get rid of the existence of a third party). We all know bitcoin is very risky, but so far used in the right way and the right strategy then bitcoin will provide many benefits and even profit.

[Pejoh Asu]

Assets such as bitcoin certainly have a big risk, the risk is the price drop or stolen, there are many stories that bitcoin is at risk but most people do not care about security, other than that the price continues to fall is a real risk that we must face.

[The_Dark_Knight]

Bank of Spain, in Madrid, says that the bank of cryptocurrencies, bitcoin, it's not worth it, and there are more risks than benefits. There are more innovations and they are having more effect.

Notices: https://traders.fxstockbroker.com/article/use-of-crypto-currencies-has-more-risks-than-benefits-bank-of-spain-head
             https://www.compuserve.com/news/world/story/0002/20180523/KCN1IO0YB_1


What is your opinion?

What a surprise a bank that says that bitcoin is not worth it and that has more risks than benefits, what it is going to happen tomorrow? This is nothing really new, there are many people and institutions claiming that new and better technologies than bitcoin are being created but the technology is not everything, I will never trust in a currency created by a government again they have deceived us too many times already.

[arifin eky]

actually bitcoin has more risks, but how do we process it, if we can control the bitcoin price by socializing about bitcoin. otherwise, the benefits will be greater than the risk.

[Profesor_kodok]

Bank of Spain, in Madrid, says that the bank of cryptocurrencies, bitcoin, it's not worth it, and there are more risks than benefits. There are more innovations and they are having more effect.

Notices: https://traders.fxstockbroker.com/article/use-of-crypto-currencies-has-more-risks-than-benefits-bank-of-spain-head
             https://www.compuserve.com/news/world/story/0002/20180523/KCN1IO0YB_1


What is your opinion?

i don't think so.