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Author Topic: Bitcoin have more risks than benefits?  (Read 3564 times)
DavidLuziz
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May 31, 2018, 03:04:13 AM
 #661

Need be carefully. Not invested all your  money. Bitcoin this is future, but have big risk
Rakib320
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May 31, 2018, 03:12:33 AM
 #662

It's only an antagonistic issue, they simply influence a terrible plan to make individuals to dishearten about bitcoin. We as a whole should be liberal for the things that conveyed by bitcoin to us. It isn't expected to examine one by one what points of interest of having bitcoin. Everything I can state, bitcoin is worth to have it.
jurelmartin
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May 31, 2018, 03:12:51 AM
 #663

Definitely true, specially now we can all agree that bitcoin is on very risky state, thats one of the reason why industries not actually adopting the concept of the bitcoin but instead the backbone of it the blockchain technology because yes bitcoin has a a place in future, but blockchain technology? Thats the thing that all industries can agreed about
Fatcockroach
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May 31, 2018, 03:17:57 AM
 #664

Imagine if your from Zimbabwe or Venezuela or any of the other numerous examples of  countries or times of currency collapse (eg Germany, Roman Empire, american continentals) and you were an early adopter of bitcoin
DavidLuziz
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May 31, 2018, 03:30:11 AM
 #665

In my opinion, Cryptocurrency does have a lot of risks but the benefits are also quite large.
We must minimize the risks and gain big profits.
fileo
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May 31, 2018, 03:35:50 AM
 #666

Now is the time to be ready on what bitcoin is going on to our society. There are more risk than benefits because benefits is countable while risk have the possibility to struck in all your bitcoin transactions. More risk but it could be overcome in due time by improving the inner system of crypto.

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Sedorikku
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May 31, 2018, 04:05:35 AM
 #667

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?


Yes, i think there is a lot of risk than benefits we have today in the life of bitcoin. But dont make yourself so disappointed for that thing.  But also think in a positive way for that thing. Many banks in other country banned the bitcoin because of risky things than bbenefits.
lisajung0990
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May 31, 2018, 04:11:44 AM
 #668

Bitcoin is also at risk because it is an investment place, but I think it is risked because there will be profit if there is risk here. But in long term meaning most of top coins are definitely beneficial.
hachimon
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May 31, 2018, 04:16:31 AM
 #669

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?


in my opinion currently investing in bitcoin is quite risky its price from the beginning of the year till now tends to go down. then the bitcoin transfer fee is now expensive and the confirmation time is very long. but if you intend to invest in bitcoin for the long term I think it is still safe. but if for the short term should not. for now we better invest in altcoin whose value tends to rise.
dubinsky
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May 31, 2018, 04:21:16 AM
 #670

I think the risks and benefits of the bitcoin are balanced. But in its use it depends on the way the user. Because not only have but the user must also have the right strategy in using bitcoin to avoid the risk or loss. Yes, these risks can be minimized by the use of appropriate strategies.
Nipun22
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May 31, 2018, 04:41:44 AM
 #671

Like them, many other financial experts warn about the risks associated with bitcoin trading and the existence of the virtual currency system in general. I think there is still a chance for recovery, I know there is a lot of panic going around. I still think there is a chance am basing this on the fact that such drop happened before and Government banning happened before as well.
kencot
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May 31, 2018, 04:45:53 AM
 #672

In my opinion, bitcoin has more benefits than the risks. At least that's what I feel all along, everything becomes more and more practical with bitcoin. Maybe everyone is different depending on his experience so far using bitcoin.
DavidLuziz
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May 31, 2018, 05:04:25 AM
 #673

I do not think that . If you are a good investor. This is a market that will give you a lot of profit. Of course, profits will go with risk. In this market the risk is proportional to the profit.
JiuMiBe
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May 31, 2018, 05:10:07 AM
 #674

the risks associated with bitcoin trading and the existence of the virtual currency system in general. Due to limited supply, if prices continue to escalate, the position of buying bitcoin will no longer. At the same time, the amount of electronic money that brokers hold increased, the security risk is growing.
dorofee
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May 31, 2018, 05:10:27 AM
 #675

It had always been risky as compared to bank investments. You should avoid it if you cannot take risks but if you have some extra money, you can try your luck.
TopCryptocu
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May 31, 2018, 05:29:38 AM
 #676

actually bitcoin is so risky, and dangerous because it does not have a stable behaviour in the market, like other digital coins. But this the world of cryptocurrency when you enter it i think you have to eliminate every fear of losing and starting from scratch again, welcom to this digital world brother  Cool
DavidLuziz
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May 31, 2018, 05:32:35 AM
 #677

I can't say for sure, but if any coin surpasses Bitcoin, then this will be Ephyrium. Most of the campaigns now work with him, and ETH can handle both currency and non-currency block-based applications, and BTC can only work with currency.
DavidLuziz
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May 31, 2018, 05:39:58 AM
 #678

 bitcoin has more advantages. Since it is gradually introduced in many payment systems.
miss.M
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May 31, 2018, 06:20:34 AM
 #679

Well for me it's not, because bitcoin is more benefits, thats the reason why many people are still believe on bitcoin and continue to invest and holding their bitcoin even the price is always changeable.  Those who tell bitcoin is more risk than benefits i think they do not know what bitcoin ia.

jeepuerit
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May 31, 2018, 06:25:58 AM
 #680

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?


Yes, Bitcoin is worth it to be risky, we can get bitcoin because there are many ways we can keep our investment, Bitcoins is profitable, we can make Bitcoin benefits, except for the real benefits of the government own business in real life.
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