Bitcoin Dangers

dynastyQB
Posts: 204
Joined: Wed May 03, 2017 7:17 am

Bitcoin Dangers

Wed May 03, 2017 8:01 am

everyone on the internet seems to be talking about the bitcoin's benefits but I am more interested in knowing the dangers associated with Bitcoin technology? Fill me in on the subject, guys.
cris
Posts: 112
Joined: Thu Apr 06, 2017 10:57 am

Re: Bitcoin Dangers

Thu May 04, 2017 8:05 am

- since it's untraceable and decentralized can be easily used for illegal activities
- vulnerable to hacking attacks
- high volatility
- usability, etc.
paranoidGlitch
Posts: 256
Joined: Wed May 03, 2017 7:38 am

Re: Bitcoin Dangers

Thu Oct 19, 2017 5:33 am

cris wrote:
Thu May 04, 2017 8:05 am
- since it's untraceable and decentralized can be easily used for illegal activities
- vulnerable to hacking attacks
- high volatility
- usability, etc.
i got all of your points except usability one??
pual
Posts: 116
Joined: Tue Sep 05, 2017 5:59 am

Re: Bitcoin Dangers

Mon Oct 23, 2017 4:31 am

the anonymity feature of bitcoin is the most attractive one yet it is the most dangerous one too.
phil
Posts: 168
Joined: Thu Apr 06, 2017 8:52 am

Re: Bitcoin Dangers

Mon Oct 23, 2017 4:32 am

we can't recover our lost bitcoins.
reebrilliant
Posts: 208
Joined: Wed Apr 26, 2017 8:37 am

Re: Bitcoin Dangers

Mon Oct 23, 2017 4:35 am

bitcoins is majorly used by criminals and are a part of darknet market.
Ray
Posts: 147
Joined: Sat Apr 08, 2017 8:23 am

Re: Bitcoin Dangers

Mon Oct 23, 2017 4:35 am

the high risks are involved in investing and trading through bitcoins.
Reyes
Posts: 131
Joined: Sat Apr 08, 2017 6:13 am

Re: Bitcoin Dangers

Mon Oct 23, 2017 4:36 am

the bitcoin provides the whole control over it but it is making some of the major concerns out of control.
Reynolds
Posts: 129
Joined: Fri Apr 07, 2017 10:44 am

Re: Bitcoin Dangers

Mon Oct 23, 2017 4:36 am

the most dangerous thing about BTC is its illegal use.
richardson
Posts: 108
Joined: Fri Apr 07, 2017 5:54 am

Re: Bitcoin Dangers

Mon Oct 23, 2017 4:36 am

I think the following could be of your interest, http://www.telegraph.co.uk/finance/pers ... orld.html
rivera
Posts: 140
Joined: Fri Apr 07, 2017 5:45 am

Re: Bitcoin Dangers

Mon Oct 23, 2017 4:37 am

for me the uncertainty of it existence is the most dangerous thing about bitcoin.
robb
Posts: 110
Joined: Sat Apr 08, 2017 11:25 am

Re: Bitcoin Dangers

Mon Oct 23, 2017 4:41 am

bitcoins are not dangerous but the way it is being used for illegal activities is a concerning thing.
robert
Posts: 95
Joined: Thu Apr 06, 2017 7:56 am

Re: Bitcoin Dangers

Wed Oct 25, 2017 6:17 am

Bitcoin is not dangerous.
roger
Posts: 94
Joined: Thu Apr 06, 2017 12:48 pm

Re: Bitcoin Dangers

Wed Oct 25, 2017 6:17 am

How it could be dangerous??
rooney
Posts: 122
Joined: Thu Apr 06, 2017 8:49 am

Re: Bitcoin Dangers

Wed Oct 25, 2017 6:18 am

No its not.
sanedelight
Posts: 192
Joined: Wed Apr 26, 2017 8:54 am

Re: Bitcoin Dangers

Wed Oct 25, 2017 6:18 am

Yes it is dangerous.
truelegend
Posts: 134
Joined: Tue Sep 05, 2017 7:48 am

Re: Bitcoin Dangers

Wed Oct 25, 2017 6:18 am

How??
vik
Posts: 277
Joined: Wed Apr 19, 2017 7:20 am

Re: Bitcoin Dangers

Wed Oct 25, 2017 6:19 am

Because it is used as a payment of many illegal activities.
zach
Posts: 262
Joined: Wed Apr 19, 2017 7:18 am

Re: Bitcoin Dangers

Wed Oct 25, 2017 6:19 am

Mean many illegal activities depend on it.
wesly
Posts: 98
Joined: Wed Aug 23, 2017 4:37 am

Re: Bitcoin Dangers

Wed Oct 25, 2017 6:19 am

It can convert black money into white.
rumio
Posts: 101
Joined: Wed Aug 23, 2017 4:38 am

Re: Bitcoin Dangers

Wed Oct 25, 2017 6:20 am

It is used to buy drugs.
aliena
Posts: 97
Joined: Wed Aug 23, 2017 4:39 am

Re: Bitcoin Dangers

Wed Oct 25, 2017 6:20 am

Its use in dark net site.
fox
Posts: 143
Joined: Sat Apr 08, 2017 8:50 am

Re: Bitcoin Dangers

Wed Oct 25, 2017 6:55 am

bitcoin dangers, yes there is always positive and negative aspect with everything . The worst thing about bitcoin is we can take back coin if we lost at once
gareth
Posts: 138
Joined: Thu Apr 06, 2017 10:50 am

Re: Bitcoin Dangers

Wed Oct 25, 2017 6:55 am

bitcoin wallet is most special thing, try to save its private key
gerrard
Posts: 144
Joined: Thu Apr 06, 2017 8:51 am

Re: Bitcoin Dangers

Wed Oct 25, 2017 6:56 am

you can say bitcoin is a part of darknet market
gigglynxtg
Posts: 208
Joined: Wed Apr 26, 2017 8:33 am

Re: Bitcoin Dangers

Wed Oct 25, 2017 6:56 am

some of risk bitcoin have including bitcoin investment or trading
giles
Posts: 137
Joined: Tue Apr 25, 2017 5:36 am

Re: Bitcoin Dangers

Wed Oct 25, 2017 6:56 am

I think bitcoin is secure system
gutsymug
Posts: 92
Joined: Sat Sep 09, 2017 6:10 am

Re: Bitcoin Dangers

Wed Oct 25, 2017 6:56 am

bitcoin is secure like on there side it's not! Bitcoin is Untraceable or have high chance to lost coins easily
Hart
Posts: 138
Joined: Sat Apr 08, 2017 8:33 am

Re: Bitcoin Dangers

Wed Oct 25, 2017 6:57 am

as bitcoin is only a fewer year ago old. It's conceivable that a contending cryptographic money turns out to be more effective than Bitcoin
hellGrinder
Posts: 213
Joined: Wed May 03, 2017 7:45 am

Re: Bitcoin Dangers

Wed Oct 25, 2017 6:57 am

There aren't a ton of spots where Bitcoins are acknowledged as installment.
hendo
Posts: 173
Joined: Thu Apr 06, 2017 10:48 am

Re: Bitcoin Dangers

Wed Oct 25, 2017 6:57 am

there are several exchanges to transfer money in various ways but it's not an easy way to transferring money to and from a PayPal account just yet
hipcolumn
Posts: 221
Joined: Wed Apr 26, 2017 8:49 am

Re: Bitcoin Dangers

Wed Oct 25, 2017 6:57 am

it's Untraceable currency,
paranoidGlitch
Posts: 256
Joined: Wed May 03, 2017 7:38 am

Re: Bitcoin Dangers

Thu Oct 26, 2017 7:05 am

Its not dangerous.
pual
Posts: 116
Joined: Tue Sep 05, 2017 5:59 am

Re: Bitcoin Dangers

Thu Oct 26, 2017 7:05 am

It could not be dangerous for any reason.
phil
Posts: 168
Joined: Thu Apr 06, 2017 8:52 am

Re: Bitcoin Dangers

Thu Oct 26, 2017 7:06 am

Yes it could be.
Ray
Posts: 147
Joined: Sat Apr 08, 2017 8:23 am

Re: Bitcoin Dangers

Thu Oct 26, 2017 7:06 am

There are many reason of bitcoin dangers.
reebrilliant
Posts: 208
Joined: Wed Apr 26, 2017 8:37 am

Re: Bitcoin Dangers

Thu Oct 26, 2017 7:07 am

It is used in many illegal activities.
Reyes
Posts: 131
Joined: Sat Apr 08, 2017 6:13 am

Re: Bitcoin Dangers

Thu Oct 26, 2017 7:07 am

It is used for payment of drugs, weapons etc.
Reynolds
Posts: 129
Joined: Fri Apr 07, 2017 10:44 am

Re: Bitcoin Dangers

Thu Oct 26, 2017 7:08 am

Commonly used on darknet sites.
richardson
Posts: 108
Joined: Fri Apr 07, 2017 5:54 am

Re: Bitcoin Dangers

Thu Oct 26, 2017 7:08 am

yes on darknet it used for payment purpose.
rivera
Posts: 140
Joined: Fri Apr 07, 2017 5:45 am

Re: Bitcoin Dangers

Thu Oct 26, 2017 7:08 am

And the bad advantage is it is untraceable.
Kennedy
Posts: 149
Joined: Fri Apr 07, 2017 12:55 pm

Re: Bitcoin Dangers

Tue Oct 31, 2017 7:48 am

How it could be dangerous.
kevin
Posts: 147
Joined: Thu Apr 06, 2017 8:09 am

Re: Bitcoin Dangers

Tue Oct 31, 2017 7:50 am

It could not be dangerous.
lahm
Posts: 243
Joined: Wed Apr 19, 2017 7:28 am

Re: Bitcoin Dangers

Tue Oct 31, 2017 7:50 am

But there are some assumptions.
laws
Posts: 129
Joined: Sat Apr 08, 2017 10:35 am

Re: Bitcoin Dangers

Tue Oct 31, 2017 7:50 am

It is dangerous because it is used for many illegal purposes.
lucas
Posts: 129
Joined: Thu Apr 06, 2017 8:45 am

Re: Bitcoin Dangers

Tue Oct 31, 2017 7:51 am

Bitcoin dangers highly volatile.
Ningergy
Posts: 139
Joined: Thu Apr 27, 2017 5:19 am

Re: Bitcoin Dangers

Tue Oct 31, 2017 7:51 am

natasha
Posts: 143
Joined: Thu Apr 06, 2017 7:46 am

Re: Bitcoin Dangers

Tue Oct 31, 2017 7:52 am

Funding dark web
nicholas
Posts: 127
Joined: Thu Apr 06, 2017 8:45 am

Re: Bitcoin Dangers

Tue Oct 31, 2017 7:52 am

taxman on to bitcoin
nishines
Posts: 200
Joined: Wed Apr 26, 2017 8:53 am

Re: Bitcoin Dangers

Tue Oct 31, 2017 7:52 am

it can be stolen by hackers
Ortiz
Posts: 168
Joined: Fri Apr 07, 2017 11:17 am

Re: Bitcoin Dangers

Tue Oct 31, 2017 7:52 am

when bitcoin gone they are gone.

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