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Topic: is crypto industry dangerous ? - page 60. (Read 5807 times)

member
Activity: 448
Merit: 10
June 18, 2018, 08:37:46 AM
Cryptocurrency is dangerous because of it's anonymity I think. So, crypto allows criminalities can trade drugs and weapons or some other bad things. Moreover, even governments of different countries can't manage crypto, that is generate dangerous things too.
full member
Activity: 585
Merit: 100
June 18, 2018, 08:34:36 AM
Encryption technology is also very secure and convenient for electronic money transactions. But the encryption industry is also very dangerous. Just a few small mistakes on a character, the number you can lose your property immediately. Need to know how to use encryption securely.
full member
Activity: 644
Merit: 101
June 18, 2018, 08:23:56 AM
The world in which we live is also very dangerous, it may be that today you are breathing deeply, and tomorrow you can not breathe at all, so the same can be said about the bitcoin, which now exhales a lot of money.
newbie
Activity: 86
Merit: 0
June 18, 2018, 08:22:19 AM
one must understand how crypto works and each must know to get a profit. Before entering this industry know the fact the price of crypto is volatile. They suffer huge losses because they do not know the big risks in crypto. It may be dangerous
newbie
Activity: 64
Merit: 0
June 18, 2018, 08:21:27 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

anything will become dangerous if people are not using it in proper way but cryptocurrency is not dangerous. Crypto even provides opportunities to people to earn extra income through bounty.

Correct. If people are not cautious anything is dangerous. People shouldn't be afraid of crypto investment as long as they do their due diligence in researching first before investing nothing can harm them. Everything has a risk especially in cryptocurrency. BTW, I've come across this site www.menlo.one, and they are clearly up for this kind of problems the fear in crypto space, the fear of getting scammed. LOL
newbie
Activity: 39
Merit: 0
June 18, 2018, 08:16:40 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

anything will become dangerous if people are not using it in proper way but cryptocurrency is not dangerous. Crypto even provides opportunities to people to earn extra income through bounty.
full member
Activity: 288
Merit: 100
June 18, 2018, 08:11:40 AM
The risk of encrypt the world is the biggest. Of course, it also indicates that you can get the unimaginable benefits here.
newbie
Activity: 182
Merit: 0
June 17, 2018, 11:38:12 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


If we transaction with cryptocurrency is not charged, and transaction is much faster, different if we transaction using bank, we have to pay and transaction also long process. So the government automatically will not get the tax return from the transaction if using crypto.
member
Activity: 266
Merit: 10
June 17, 2018, 10:25:54 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


Instead of banning crypto, they just have not agreed if their people invest in crypto. Perhaps for the government it will endanger the country, they just do not know widely about crypto. I think it will take no much longer crypto will be legal anywhere.
newbie
Activity: 80
Merit: 0
June 17, 2018, 10:20:24 PM
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.
newbie
Activity: 123
Merit: 0
June 17, 2018, 10:11:54 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


Many governments forbid crypto for protecting the country's currency. I think it's a good decision to keep the country's currency in order for all the people to keep using it, so it will not be replaced. Cryptocurrency is popular but the country's own currency will be more convenient to use.
member
Activity: 139
Merit: 10
The Protocol for the Audience Economy
June 17, 2018, 01:39:50 PM
Each country wants to have control over the finances of its citizens. Crypto currency is gradually hitting the banking sector as investment in the crypto currency may be much more profitable than a bank deposit.
sr. member
Activity: 910
Merit: 254
June 17, 2018, 01:36:56 PM
Cryptocurrencies may be called dangerous based on their anonymous status globally. They haven't been able to find a definite position in financial market. Crypto market is still struggling hard to attract investments. Because of the amateur and unregulated  market, heavy risk is involved in investment. These pumps and dumps can get anyone rekt. Right now, market is in hands of few, diversification is needed in the market and that can only be achieved through more adoption.
full member
Activity: 330
Merit: 100
June 17, 2018, 12:30:53 PM
crypto industry is really dangerous. it drives people crazy and forces them to invest in the latest means, selling even real estate. this is a great excitement that can not be stopped. you can reduce risks by investing in those projects where there is not so much probability of losing your investments.
member
Activity: 86
Merit: 10
June 17, 2018, 12:30:41 PM
Someone think that crypto industry is only a "dangerous illusion",i disagree with this point of view.The crypto industry can be dangerous only because there is a risk of fraud and there is not regulation ,but if you study and improve your knowledge your investments will be safe.
member
Activity: 280
Merit: 10
June 17, 2018, 12:15:11 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



The only thing, that gangs are using crypto doesnt make the crypto itself dangerous, we know that gangs are also using dollars widely, so what? Smiley"
newbie
Activity: 238
Merit: 0
June 17, 2018, 10:27:28 AM
They are not dangerous at all, but they threaten the modern economic system, which has been built for so long by our governments, so they worry )
newbie
Activity: 126
Merit: 0
June 17, 2018, 10:15:11 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 risk is very high and beyond imagination. But when the state banned it, it was time to invest, because many times it proved correct. We only need to continue to participate in accordance with the laws of history.
newbie
Activity: 126
Merit: 0
June 17, 2018, 10:02:30 AM
Crypto is dangerous mostly because it's not regulated.
If you loose your money on crypto, its probably impossible to get your money back.
Its not recommended to invest in crypto your large amount of money.
full member
Activity: 588
Merit: 104
June 17, 2018, 10:00:20 AM
Some authorities do not understand well what is it about, they are afraid of decentralisation that they  will lose control on monetary system.
They should  understand that  the positive benefits of Crypto and blockchain tech. are bigger than losing some control and regulation.
It is true that there is lot of scam and FUD in Crypto but we have to sort it out and self regulate to become a safe investing environment.
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