is crypto industry dangerous ? - page 50.

klement.i

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Quote from: PutuPartoHarjo on July 03, 2018, 01:20:15 AM

Quote from: Jamalahmed on April 12, 2018, 07:10:34 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

I do not know whether this is a dangerous industry or not. I am still layman for this, still learning and understanding what is crypto, how it works and its security system.

So far, cryptocurrency is not dangerous. The whole catch is that you have a very big money spinning in cryptocurrency, and tomorrow your government declares it illegal....

Psalmy2cute

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There may be many reasons why people call crypto business dangerous, but the danger of cryptography is much less when compared to the collective contribution of krypton and the development of the world economy.

Getmon

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Quote from: Jamalahmed on April 12, 2018, 07:10:34 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

Dangerous here could be construed as an unsure sense or feeling of something that you do not know or perhaps know very little. I could easily attach ignorance to the danger that you are talking about. Crypto is not dangerous at all, may it be to the individuals, or to the businesses, or to the governments even. Crypto is promoting transparency. It is promoting efficiency and convenience. Sadly, many are not familiar with it, from which the idea of danger came from.

GhostWithin

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Quote from: btcefeyigit39 on July 03, 2018, 01:18:12 AM

The crypto money industry is a platform that has just entered our life and is constantly improving itself. some governments have yet to accept a negative situation for the investor. These are just the dangerous. it will disappear in time over time

The crypto industry isn't a threat to states. States are wary of the decentralization that this technology carries. Most of them just don't understand this technology and don't know what to do with it. Simply put, they act on the principle "you can not manage it, then ban". I don't believe them when they say they are doing this to "protect our citizens from money loss"

Qegarma

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Price should not be the criteria to rank crypto ahead but most of people and investors just came in for quick profit which makes it looks dirty sometime as no one focus or talk about technology but its price.

PutuPartoHarjo

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Quote from: Jamalahmed on April 12, 2018, 07:10:34 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

I do not know whether this is a dangerous industry or not. I am still layman for this, still learning and understanding what is crypto, how it works and its security system.

btcefeyigit39

newbie

Activity: 196

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The crypto money industry is a platform that has just entered our life and is constantly improving itself. some governments have yet to accept a negative situation for the investor. These are just the dangerous. it will disappear in time over time

jokowo

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Activity: 266

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Quote from: Jamalahmed on April 12, 2018, 07:10:34 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

Haha, there are many more dangerous industries than crypto, so it is not right to say crypto is dangerous.
It would be wise to judge crypto as something that will support human life in the future better.

LoverOfBitcoin

newbie

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it is risky a bit, but when you know what actually to do you are able to make extra profit. I can suggest you to read about this project - https://medium.com/@kelvinchain/the-post-quantum-era-of-blockchain-todays-solutions-for-the-world-of-tomorrow-16bdd970f49a

maloibtc

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What do you mean by dangerous? I think it is risky but not so dangerous. However, if not taking risks you won't get any profit. Be ready to accept risks and you will earn much even if you have losses as well, be ready to join crypto world now and enjoy it)

martychubbs

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I would say that the volatility of the market, and big amount of scam schemes are making list things dangerous, but it is solved by a simple carefulness, you need to be aware of all things here.

lestariptr

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I think the cryptocurrency industry is not dangerous. And also industries that contain crypto unsuits are getting more and more popular. You do not have to worry about that industry. If you see that there are some dangerous then stay away and do not try it.

Images21

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Quote from: Jamalahmed on April 12, 2018, 07:10:34 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 danger comes from different sides. If it is the governments that are looking at Bitcoin, the danger is obviously coming from the fact that it is decentralized and it can easily get away from the their claws. Bitcoin can very well circumvent from the government taxes and authority. From those of us who are investors and users, the danger comes from the possibility that its price will fall following the negative opinions of many of those who are in authority.

Olivernelson

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Crypto industry has never been a dangerous project to me because I know how to manage the project which wouldn't lead to my own detriment. If you would like to invest, invest wisely and know very much about the project one would like to invest in. Although Bitcoin has lost its value this year, but still, I believe the crypto market will rise soon.

tuikindu01

newbie

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Crypto-currency is not dangerous. It is the human mind that is at risk. We all know that any investment is risky, but the risk is large or small. Encryption is dangerous for people who want to make money but don't want to learn something new.

afterdark

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Quote from: Jamalahmed on April 12, 2018, 07:10:34 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

Of course, the greatest danger lies in the anonymity of the crypto. Nobody will ever be able to determine the sender and the recipient, which allows some people to engage in criminal activity. And secondly - the taxation. Of course, the state wants to receive money from every transaction. And crypto excludes this possibility.

BETAWI

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dangerous in what way? actually crypto depending on each point of view. in terms of economics of course each country has its own policy.
thanks

sultanGol

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Bitcoin has lost 70% of it's value since december, and there were many people, who actually did realize this loss, by getting out in the worst time. We have to be wise in this market, and not everybody can do that.

valnd

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Until the end of time

Crypto industry is so volatile and that makes it to be so dangerous and it is advised that you invest only the money you can afford to lose, don't invest all your money into crypto space and always make your own research before investing in cryptos

tomboi

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Not at all. Some countries consider that crypto may be dangerous because of some problems. first, they are afraid that their financial system in the country is not stable, so many fluctuating. Second, they are afraid of using crypto for something illegal. Third, they are not open to the further and new technology. Crypto is not only about the digital currency but also the few further products.

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