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Topic: is crypto industry dangerous ? - page 44. (Read 5807 times)

full member
Activity: 280
Merit: 102
Revolutionising Marketing and Loyalty
July 11, 2018, 08:19:05 AM
I don't think it's dangerous in the sense of it's efficiency. It will make it easier to handle things that were previously done using the traditional way. As with all new technologies,  it has its own flaws as hackers can easily exploit it's vulnerabilities to wreak havoc.  This is not a big issue as this will be resolved as the technology matures.
member
Activity: 224
Merit: 29
July 11, 2018, 08:11:49 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

The peril is for the most part to the specialists and their lords. There are many individuals who are utilized to of influencing an existence on others to work. Decentralization would demolish the biggest ponzi at any point made, the cash framework.
newbie
Activity: 224
Merit: 0
July 11, 2018, 08:10:40 AM
Cryptocurrency industry is not dangerous. And it will be not sooner or later. The only fact about cryptocurrency is its volatility. Why? Because cryptocurrency's price varies one of the factor which is the law of demand and supply, thus making it vulnerable if and only if demand of bitcoin or alternative coins deteriorates. Supply also of ones coin varies its price dictation that is why,
member
Activity: 291
Merit: 10
July 11, 2018, 08:07:44 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

Few years ago bitcoin was known only because of their shadow transactions, weapons, drugs, and all this filthy stuff. But for now we can see the Bitcoin became much more noble than it is in the past.
newbie
Activity: 85
Merit: 0
July 11, 2018, 07:34:57 AM
It is dangerous,there are a few big risks in crypto,you can lose your money by trading,you can lose your money by investing in scam ico,you can lose your money if your wallet is hacked,and etc.So you have to be carefull all the time.
I disagree! If it is known that crypto world is dangerous than it is not, i find things that are unknown to human kind are dangerous. With proper research you want be scammed that easily.
newbie
Activity: 47
Merit: 0
July 11, 2018, 07:30:30 AM
It is dangerous,there are a few big risks in crypto,you can lose your money by trading,you can lose your money by investing in scam ico,you can lose your money if your wallet is hacked,and etc.So you have to be carefull all the time.
newbie
Activity: 24
Merit: 0
July 11, 2018, 05:14:29 AM
This investment is quite dangerous. The country has not accepted, not considered it as currency. While always manipulated prices, up and down continuously. The risk of losing money is very high if the trading floor is down or hacker
newbie
Activity: 42
Merit: 0
July 11, 2018, 05:13:10 AM
The risk in the stock market is at stake in the crypto market so far. Investing in money can be dangerous and ultimately malicious people. You have to move with sure steps by doing your research.
newbie
Activity: 31
Merit: 0
July 11, 2018, 05:06:17 AM
Crypto is not dangerous, some country ban crypto because i think they want crypto not changed fiat money that use in daily transaction. I look crypto was make revolusioner and changed life of many people.
full member
Activity: 325
Merit: 100
July 11, 2018, 03:48:38 AM
Crypto Industry is dangerous for governments because they can't control it, they have no control over money flows and thus, they can't take taxes  Grin. I think this is not dangerous - this is really cool, but a little bit risky. Governments are centralized, while crypto will allow us to make this world more decentralized and therefore free.
newbie
Activity: 70
Merit: 0
July 11, 2018, 03:37:57 AM
I think it's not dangerous. It helps even in our industry. Great help actually crypto to all people who believe in it. And im the one that helped in crypto. So I would say the crypto is not dangerous. So it is not known about crypto do not afraid and we are safe.
member
Activity: 490
Merit: 10
July 11, 2018, 01:17:36 AM
Yes, I think so. The crypto industry is followed by many people in the world from various circles. And we do not know what can happen in it. Crypto world is very difficult to predict. Anything can happen here. But one thing to keep in mind, if joining in Crypto sure to be ready with all the risks.
newbie
Activity: 322
Merit: 0
July 10, 2018, 11:36:58 PM
The danger of novelty of the market and unpredictable price behavior is incomprehensible and very difficult to predict with a high degree of probability which coin is in which direction and most importantly when it moves. In most cases, it's just a guessing game. Here, even the positive news doesn't always move the course upwards.
sr. member
Activity: 658
Merit: 250
July 10, 2018, 11:17:08 PM
As for me the great volatility of this market makes the industry dangerous because most people just lose a lot of money here!
newbie
Activity: 92
Merit: 0
July 10, 2018, 11:11:50 PM
The encryption industry is not dangerous. If you don't participate, it has nothing to do with you. It is not dangerous after you participate in it to understand it. The danger is that you don't know it and go blindly.
full member
Activity: 798
Merit: 103
https://www.swanfinance.io/
July 10, 2018, 06:25:58 PM
Hello! To be honest yes it is dangerous if you mean high risk to lose you investments!
member
Activity: 308
Merit: 10
July 10, 2018, 06:22:53 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


Unfortunately, there are many people who are trying to have easy money in the world of crypto. So, you should be extremely careful about the ICO projects. And after of that, you should always be aware of that, these currencies are volatile and you should always try to learn when to stop and when to rush in crypto.
sr. member
Activity: 660
Merit: 250
July 10, 2018, 05:58:32 PM
No it's not dangerous. Maybe newbies will tell it's a dangerous investment but for the oldies we are veterans on the market cycle. Cryptocurrency is the future of human kind they will be here in the longest period of time.
full member
Activity: 263
Merit: 100
July 10, 2018, 05:35:46 PM
I suppose that it is not dangerous in the sense that you speak about it. Anyway if you want just trade i suppose that nothing bad will happen.
member
Activity: 79
Merit: 10
ERC20 Address:0x09b9b7032c3ad01E42aD8A185D765a6d03
July 10, 2018, 01:41:50 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

Depends on what you mean by dangerous. Is someone killed for using crypro? Are families becoming homeless and starving? Are children being sold into trafficking? If so then pretty much every government on earth is dangerous. Most countries ban it because they don't understand it and some ban it because they feel threatened and fear their power undermined like in Venezuela. Crypto just gives more financial freedom than any banks. Simple as that. Yes you can avoid taxes initially that's why countries ban them but its still fine, once they figure out how to get people to pay up they will make peace with it and mainstream it.
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