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Shooting straight up in the air is not dangerous except maybe to put out an eye. The bullet falls back down at terminal velocity and doesn't carry enough force to do any harm. You could catch it. Now that is different than firing it in an arch like trejectory where it carries energy from the muzzle velocity. A bullet.like any other object, will only fall at it's terminal velocity no matter the distance it falls due to wind resistance and friction.You won't have any holes in your roof no matter how many rained down on it. Personally I went out and aired out a Saab with my SKS at midnight.