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Topic: is crypto industry dangerous ? - page 52. (Read 5795 times)

newbie
Activity: 168
Merit: 0
June 28, 2018, 08:10:15 PM
I don't think it's dangerous if you do your own due diligence. It is highly risky and volatile, but there are solid projects out there bringing important use cases to the table. Over time the market will differentiate the former from the latter.
member
Activity: 215
Merit: 11
June 28, 2018, 08:06:37 PM
dANGEROU, i DONT THINK IF THERE IS DANGER in crypto at al, t doesnt risk any ones life, There are however high risks involved in the crypto market this is due to the volatile nature of the market making it unpredicatble, something that mst people dont find very attractive, but again, high risk takers are the ones that make it in this life,
it is really dangerous, but you should have in minf that knowledge matters more than lick, so go head, good luck
Not really, it is not dangerous from my point of view. It is highly risk involved, we don't know what is gonna happen then, we can predict and if our prediction coincide we'll be getting good profit out of it, and if things happen opposite to that of the predictions what we were experiencing now will happen.
full member
Activity: 350
Merit: 102
June 28, 2018, 08:03:41 PM
dANGEROU, i DONT THINK IF THERE IS DANGER in crypto at al, t doesnt risk any ones life, There are however high risks involved in the crypto market this is due to the volatile nature of the market making it unpredicatble, something that mst people dont find very attractive, but again, high risk takers are the ones that make it in this life,
it is really dangerous, but you should have in minf that knowledge matters more than lick, so go head, good luck
full member
Activity: 350
Merit: 102
June 28, 2018, 08:03:05 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

i do not think that it is more dzngerous than otherbusiness so do not worry, lezrn z lot andeverything will bw finw
newbie
Activity: 240
Merit: 0
June 28, 2018, 08:02:10 PM
dANGEROU, i DONT THINK IF THERE IS DANGER in crypto at al, t doesnt risk any ones life, There are however high risks involved in the crypto market this is due to the volatile nature of the market making it unpredicatble, something that mst people dont find very attractive, but again, high risk takers are the ones that make it in this life,
member
Activity: 574
Merit: 10
Gistcoin
June 28, 2018, 07:58:08 PM
Until this moment I do not feel that Crypto is a dangerous industry. I still enjoy being the biggest industry in this through a lot of the news is not good that makes me concerned. And until the current crypto is still a fascination for the great entrepreneurs to do business.
jr. member
Activity: 350
Merit: 3
June 28, 2018, 07:53:04 PM
The current situation of crypto is very vulnerable to losses. If you go wrong, it will endanger your investment here. Your investment can go down and disappear if you sell it now. Be patient and wise in making decisions, this situation will not last for a long time. All will be back to normal as before. The price of coins on the market will recover and each of the coins will be competing to create new records to become quality coins and have a bright future.
member
Activity: 217
Merit: 10
June 28, 2018, 07:48:27 PM
Crypto industry is dangerous for banks and rulers because they are afraid to lose their power. Crypto currencies (or most of them) give back pover to the people. There are a few bad ones keeping and increasing the power of banks and rulers, like Ripple.

If we avoid them, there ist nothing dangerous at all to invest in crypto.
full member
Activity: 420
Merit: 101
June 28, 2018, 07:45:10 PM
The danger in crypto currency is if you are not well educated enough the understand the pros and cons. If your an investor, you really have to review the project in all aspects. There are so many scam project that is why we have to be very carefull.
member
Activity: 416
Merit: 21
June 28, 2018, 07:35:45 PM
the crypto market is uncertain like any other market but the market is growing stage we may see lot of uncertainty in market so no need to feel panic but feel positive towards future growth
member
Activity: 812
Merit: 10
https://hovr.site/
June 28, 2018, 07:29:21 PM
Scam mybe daico might fix that. fear that it might take over fiat someday and the fact that anyone can create his vision coin and make money become billionaire or just pack the money and run with no trace at all
newbie
Activity: 112
Merit: 0
June 28, 2018, 07:19:12 PM
not that it's dangerous, it's just that it's out of control at the moment! of course, many countries are trying to take control of this, but so far they have failed! for ordinary citizens there is no risk, but for the state as a whole it is a problem that can not be controlled!
newbie
Activity: 532
Merit: 0
June 28, 2018, 06:44:41 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

I think it because it is decentralized.... Which means government and everyone can have control over it..... Also there will be reduction on task income since people can save their money too on their wallet.
newbie
Activity: 126
Merit: 0
June 28, 2018, 06:36:02 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


I think vrypto is not dangerous, cryptocurrency is very safe, but many countries banned crypto because maybe they are afraid of not being able to control and check the activities of people who invest in crypto, and of course the government does not receive tax from crypto.
member
Activity: 210
Merit: 10
June 28, 2018, 06:31:18 PM
Some countries do prohibit the use of crypto for transactions. Because with the existence of crypto in their country it will be dangerous for the conventional banks that exist in their country. People will switch to using crypto and no longer use banks for transactions, banks will experience a decrease in income. Supply for government is reduced.
member
Activity: 406
Merit: 10
June 28, 2018, 06:29:31 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

I believe that countries are afraid of the independence of citizens from banks, because there was cryptography. If we study at least superficially white paper of bitcoin, it becomes clear that citizens can now freely send each other funds with minimal fees. This makes them independent from public and private banks. When there was a boom in crypto-currencies, they were tried to be banned in many countries. After studying their properties, the situation changed dramatically. States are afraid that they will not be able to control the cash flow of their citizens, which will reduce the number of taxes paid. In this regard, now summits are going to decide how to regulate the cryptocurrency. Therefore, countries are trying to implement cryptography to save at least part of their forces. I think that the future of cryptocurrency.
jr. member
Activity: 406
Merit: 1
June 28, 2018, 03:42:48 PM
i think because there are no regulation
there is possibility of laundering
crypto does encourage taxes
member
Activity: 322
Merit: 10
June 28, 2018, 03:32:11 PM
Not perilous but rather a few nations prohibited it since it is decentralized. Which means, government can't have the control and can't impose it. Government needs to control each cash exchanges which they can have the information in banks. Be that as it may, for singular it is profitable in light of the fact that no one knows how much riches you have since we are mysterious. Crypto can depreciate even the most ground-breaking nation cash thats it.
newbie
Activity: 55
Merit: 0
June 28, 2018, 03:21:22 PM
I think country are scared of crypto because they can't follow what you do with crypto, they will not be able to follow your transaction and benefits and thus they will not be able to tax you.With crypto which keep you anonymous people are able to purchase illegal things and not being spotted.They are also probably scared of the volatility of the market which can cause loss of money for people. I think the high instance of countries should be more informed about cryptos in order to make them more populare.
copper member
Activity: 728
Merit: 250
June 28, 2018, 03:19:03 PM
many countries are banning using crypto in their country because crypto endangers the placement of virtual foreign money in the one's international locations. With the crypto, the u . s . fears the populace will switch to crypto and then abandon its digital currency.
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