Is crypto a danger or an opportunity? - page 49.

crypt_farid

newbie

Activity: 20

Merit: 0

Quote from: ElizaZX on September 25, 2018, 06:16:04 AM

Undoubtedly, many (I would say 95%) of the countries do not recognize the existence and use of the crypto currency. For them, this is like a thorn in the eye because of the possibility to evade taxes and use it for money laundering.

Quite on the contrary. Every single government is looking deep into crypto. heck, even Venezuela is trying to launch a state-crypto. The thing is they dont publicise it, obviously. They're wokring in the background to understand how to control it. The sheers fact that every single bank in the world is racing for expertise is a clear indication of that - of course governements are observing and quietly exploring

Ceasar19

member

Activity: 142

Merit: 12

Like every technologie crypto may have some inconvenients but it has lot of good things to offer and one of the major things that i like about crypto is the equality between people so every one can make money from it .

Mr. Legendaris

sr. member

Activity: 468

Merit: 250

I don't think they, those who said that the Crypto industry was dangerous because they did not understand Crypto and they were afraid of the presence of change, especially at this time there were many false news about Crypto which made many countries worried about the development of Crypto.

hheight

full member

Activity: 392

Merit: 102

It's a big opportunity in a technological way. Crypto has brought a lot of great technologies that will be used in the future. At the same time, it can be dangerous in a financial way. Many investors have lost large sums of money in pursuit of "easy profit".

ElizaZX

full member

Activity: 378

Merit: 100

Undoubtedly, many (I would say 95%) of the countries do not recognize the existence and use of the crypto currency. For them, this is like a thorn in the eye because of the possibility to evade taxes and use it for money laundering.

nurulhmani1280wat

jr. member

Activity: 394

Merit: 1

XEGGEX

I think crypto currency is a very big opportunity for all of us, both to invest and transact between countries and crypto currencies, not to make people lose their economies, instead they will increase their economies, because no one can predict falling market prices or rising market prices.

icopir

member

Activity: 350

Merit: 10

of course there are risks in investing in crypto, but it also opens up a lot of opportunities in terms of earning

Simayi

member

Activity: 360

Merit: 12

Quote from: carlzhao on September 24, 2018, 02:49:41 AM

Crypto has given a lot of changes to our modern world and its potential is still full to be opened in the whole way. There are a lot of tasks of crypto like saving of privacy, giving new working places and so on. But is it right to consider that crypto will replace usual economics because it has more advantages and potential for the future? I support crypto but I have some doubts about its possible negative future because it could be the danger for some countries that have some serious problems in this sphere.

Opportunities and dangers coexist, whether for us investors or for certain countries. crypto is not mature enough now. It is very difficult to challenge the traditional economic system. The development of crypto is bound to require a long process to be successful.

anatolykarpov

member

Activity: 266

Merit: 12

It depends which side do you stand.
If you listen to people and 'don't do your research', it's a pure danger.
But if you are trying to understand the technology and do your investments based on your researches, you should be fine.

aalborg

full member

Activity: 602

Merit: 100

It depends on your attitude. For me it is a big opportunity and I am even ready to take additional risk,like sell my flat and all in buy crypto,but it is not necessary, in this case crypto would be dangerous for me. Not it is more potential than dangerous,all what I waste is only my time ,efforts and part of my savings.

I have already lost just everything,but then I gained part of it within a short period of time. My attitude is extremely positive because i don' t consider short term,I bet only for a long term

sabine80

member

Activity: 728

Merit: 14

for me is crypto a opportunity and not a danger. i hope that i am financially secured by crypto in my retirement. if that works, i would be very happy about it.

Denies

full member

Activity: 532

Merit: 170

Quote from: carlzhao on September 24, 2018, 02:49:41 AM

Crypto has given a lot of changes to our modern world and its potential is still full to be opened in the whole way. There are a lot of tasks of crypto like saving of privacy, giving new working places and so on. But is it right to consider that crypto will replace usual economics because it has more advantages and potential for the future? I support crypto but I have some doubts about its possible negative future because it could be the danger for some countries that have some serious problems in this sphere.

every possibility is always related to danger and opportunity. yes, the danger that we face for now is the defeat of the past investment, and the opportunity for the market to grow again the following year. this is what happened.
and about the future of crypto I think there will be a lot of debate

ihaveaquestion

full member

Activity: 563

Merit: 101

The problem is that most people just look at crypto as a casino, they don't realize that a lot of these projects really are changing the world and a lot of these will be around for the next 20 years.
And 20 years is a lifetime in crypto, 20 years will make you filthy rich just from compound returns alone.
We are still very early adoption wise, this is basically the internet during BBS days.

r.bhalla07

member

Activity: 546

Merit: 10

In my opinion for this question is that the crypto work is not a danger but an oppurtunity for earn money from work from your home without any investment and without any competition and without any risk and earn money as you want but full trust and have patience for this work.

doge_shit666

member

Activity: 350

Merit: 10

In my opinion, Crypto is a great opportunity for people to use their knowledge, experience and decisiveness to make their decision to make a lot of money. But Crypto can also be a danger to hasty decisions or unlucky ones.

Rituvohra01

newbie

Activity: 79

Merit: 0

I think it is wonderful technology with risk factor but as well as it is an opportunity to earn. If you deeply studied it is not dangerous.

batang_bitcoin

hero member

Activity: 3080

Merit: 603

Quote from: dxgam on September 24, 2018, 02:51:08 PM

Quote from: batang_bitcoin on September 24, 2018, 03:53:10 AM

This depends on how your country would react after adopting crypto's.

Crypto's are more of an opportunity than a danger to us but if you are part of the financial institutions then you can consider it as a threat. Crypto's won't replace usual economics but it will add flavor to the current economic situation that we've got.

correct. I agree with you. cryptocurrency is an opportunity for us. because with the presence of crypto we can get money. regarding danger, it depends on how we do it. if we are not careful it will be a danger. because the crypto currency pricing system is fluctuating and difficult to predict.

It has a lot of opportunity that offers.

Not only for the profiting opportunity but the essence of what crypto is like giving a faster transaction and with cheaper fees.
The danger that people see is its volatility so they think that it isn't applicable with their standards.

automail

full member

Activity: 504

Merit: 106

🚀🚀 ATHERO.IO 🚀🚀

It depends on how you would like to use crypto. I personally would not recommend the services offered by crypto yet. There are still a lot of areas to improve and it will take years before an ICO fully develop. It will only be a danger to those who were not patient so I just focus on the coin value for me to be able to trade. Crypto has provided me an opportunity to earn so as everyone who were working for bounties.

nurulhmani1280wat

jr. member

Activity: 394

Merit: 1

XEGGEX

in my opinion, crypto currencies are the only extraordinary opportunity for all of us who are able to help economic growth both in society and country and crypto currencies not to be created to be a problem or dangerous, but this is a very good idea and provides benefits very satisfying.

Pamahaw

copper member

Activity: 269

Merit: 0

Quote from: carlzhao on September 24, 2018, 02:49:41 AM

Crypto has given a lot of changes to our modern world and its potential is still full to be opened in the whole way. There are a lot of tasks of crypto like saving of privacy, giving new working places and so on. But is it right to consider that crypto will replace usual economics because it has more advantages and potential for the future? I support crypto but I have some doubts about its possible negative future because it could be the danger for some countries that have some serious problems in this sphere.

It is both. You have to really educate yourself with crypto for you to understand what it is and how it will be being used in the future to minimize the risk that it brings. The risk is very high due to volatility but it is also where the opportunity lies. Due to volatility and price movement, anybody could profit from it.

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