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Topic: is crypto industry dangerous ? - page 3. (Read 5802 times)

newbie
Activity: 179
Merit: 0
August 16, 2018, 04:46:45 PM
yeah there is a risk because there are lot of scammers in this field so that will cause losing money of new comers (mostly). In other hand there trading and investing in ICOs are also risky. just do a good research If you gonna invest . it's not dangerous if we can be smart a little  Smiley
full member
Activity: 429
Merit: 100
August 16, 2018, 04:43:57 PM
i want to know what makes the cryprto dangerous? to the point that many countries band the use of crypto in their countries. I want to hear your opinion

Dangerous and risky are two different words and in my opinion, cryptoindustry is just risky but is not dangerous for an individual. It happened that volatility is a natural phenomena particularly with the market value of every crypto which serves as a risk for the users as well as investors because of the loss of profit probability especially during backdrops.
jr. member
Activity: 76
Merit: 1
August 16, 2018, 04:41:15 PM
I do not agree that crypto is dangerous. Yes, crypto-currencies allow criminals to hide their illegal profits, but calling it a threat is the same as calling a kitchen knife a threat.
member
Activity: 392
Merit: 10
August 16, 2018, 04:29:11 PM
no-no crypto industry is not dangerous for most people on the earth. but it very risky for 1% of population - investors and traders which use it.
newbie
Activity: 42
Merit: 0
August 16, 2018, 04:28:20 PM
The crypto industry can not carry the threat by itself. Technology blockchain is the future. This technology is effective and low-cost, however, the economy is not yet ready for it completely
member
Activity: 210
Merit: 10
August 16, 2018, 04:25:05 PM
I think dangerous word is too much to describe the world of Crypto. Smiley
 In my opinion, countries that ban the crypto world in their countries are not dangerous, but because there are some parties who will be disadvantaged by the progress of crypto itself if crypto is legalized, even though there are many advantages for the state that allows crypto in his country.
And now more and more countries are legalizing crypto, it is proven that crypto is not dangerous. Wink Wink
newbie
Activity: 280
Merit: 0
August 16, 2018, 04:17:49 PM
Investments in crypto are very risky, but on the other side this is a good chance to become rich. Right now prices look very good and in my opinion it's a great time to buy more cryptocurrencies.
jr. member
Activity: 98
Merit: 1
August 16, 2018, 04:15:25 PM
Crypto industry is a step into the future, it is very unusual for the existing economic system, therefore the role of the crypt is not clear, however, I believe that it does not carry a threat.
newbie
Activity: 96
Merit: 0
August 16, 2018, 04:09:28 PM
I'm sure that cryptocurrencies are not dangerous for people, however, they make it possible to hide money transfers, and this can be used for illegal purposes. But I do not think that hiding transactions is a serious threat. I believe that some people talk about their danger because they do not know what the crypt is.
newbie
Activity: 41
Merit: 0
August 16, 2018, 04:06:50 PM
It may be dangerous for the state. They are afraid of losing control over the movement of capital. I don't know if we'll ever see completely independent money. It is very difficult to implement in modern conditions.
jr. member
Activity: 114
Merit: 1
August 16, 2018, 03:54:37 PM
Cryptocurrencies bear some threat, they allow criminals to conceal money received from crimes. But this is not the reason for forbidding the crypto.
jr. member
Activity: 71
Merit: 1
August 16, 2018, 03:44:14 PM
I do not think that cryptocurrencies are dangerous, it's a technology that can make the world better. It's just that not everyone understands the usefulness of this technology
newbie
Activity: 64
Merit: 0
August 16, 2018, 03:41:13 PM
I suppose that cryptocurrencies are dangerous first of all to the authorities. Cryptocurrencies allow you to hide the various movements of money. This makes taxation difficult. For citizens, cryptocurrencies do not pose any threat. This is an excellent means of payment. Just some governments want to keep all under control.
member
Activity: 308
Merit: 10
August 16, 2018, 10:30:10 AM
I don't think the crypto industry is dangerous. In some periods the prices change rapidly as the balances change. in these cases investors began to think that the crypto money industry was in danger. So just need to be careful.
full member
Activity: 602
Merit: 105
August 16, 2018, 09:03:08 AM
its always depend where gonna use it, the vision and mission why creating crypto is to improve and secured all automated transactions in a decentralization way. we can say its dangerous when criminals  and bad people using in a wrong way.
sr. member
Activity: 427
Merit: 250
August 16, 2018, 08:59:45 AM
i want to know what makes the cryprto dangerous? to the point that many countries band the use of crypto in their countries. I want to hear your opinion


In my opinion, governments do not like the crypto currencies, not because they are dangerous, but because they can not control them. And also because their owners are anonymous. And otherwise, the crypto currencies have their own risks, such as high volatility, many ICO scam projects and so on.
member
Activity: 210
Merit: 10
W12 – Blockchain protocol
August 16, 2018, 08:53:27 AM
i want to know what makes the cryprto dangerous? to the point that many countries band the use of crypto in their countries. I want to hear your opinion

it is dangerous for those who can't undesrtand how to handle it. for countries it may change money system and not every government is happy with that
newbie
Activity: 16
Merit: 0
August 16, 2018, 08:48:41 AM
Crypto is not at all dangerous if you know what you are doing, the only thing against which its dangerous is the centralized world, most probably towards those centralized bank. These centralized institutions doesn't want anything to be disrupted by the decentralized world that's why they are trying to ban crypto.
member
Activity: 574
Merit: 12
August 16, 2018, 08:47:26 AM
i want to know what makes the cryprto dangerous? to the point that many countries band the use of crypto in their countries. I want to hear your opinion

it is dangerous coz transactions cost is very low and it is more fast and secure method of payments, without any third party service providers. I f i understood you correct. Everything what government can not control and make money on it is marked like "dangerous" for common citizens.
jr. member
Activity: 434
Merit: 9
August 16, 2018, 08:20:45 AM
i want to know what makes the cryprto dangerous? to the point that many countries band the use of crypto in their countries. I want to hear your opinion


Crypto industries not really dangerous bit it's been associated to scam, deep web and other illegal internet transaction and money laundering by those who don't really know what crypto is all about. It's an old myth that been use to frighten people to get involve with crypto.
Many countries banned them not because they are really dangerous but because it' unregulated and they can't control crypto. Also, it's non taxable coz they can't monitor them so they opt to ban it.
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