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Topic: is crypto industry dangerous ? - page 72. (Read 5826 times)

full member
Activity: 714
Merit: 102
May 28, 2018, 01:27:52 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 currency can not be set at 100% and no country makes crypto currency as the currency of the country so security transacts using crypto currency no one guarantees for security. therefore the crypto currency is considered dangerous
member
Activity: 294
Merit: 10
May 28, 2018, 01:20:06 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 think the government will be a little worried about something they can not control.
And some countries may indeed have serious problems about taxes, money laundering, criminal funding etc.
newbie
Activity: 129
Merit: 0
May 27, 2018, 10:18:28 PM
everything is dangerous - but yes crypto world dangerous as it allows dangerous activities like crime (pay for illegal goods, store and transmit child porn, terrorist smart contracts..) but removing it altogether is not solution.  cloud services are dangerous though (AWS, Azure, etc) because people can use these in same dangerous ways such as encrypting their communications.
sr. member
Activity: 560
Merit: 250
May 27, 2018, 10:15:32 PM
Of course, crypto is one of the most profitble and dangerous industry in the world.  The more profitble the more dangerous.

So many scams and hacks in the crypto, it is very easy to loss money.
newbie
Activity: 98
Merit: 0
May 27, 2018, 10:15:23 PM
It is not a dangerous in countries but Bitcoin is decentralised cryptocurrency so government should not control the coins this is purely transparent in all the peoples so many banks are affected in the country. It is the main reason to avoiding the Cryptocurrency legalisation. But some countries are looking to advance technology so they are all agree the Cryptocurrency because many peoples are supporting to crypto investment.  I think there are no dangerous in digital crypto. It just other country believethat crypto is a scam. Because of many news about scaming money in crypto especially on bitcoin. That 's why i hate scammer they didn't think that if whole country will bannef crypto there will no more good profit. They just think by there self.
member
Activity: 132
Merit: 10
May 27, 2018, 10:14:25 PM
I think the Crypto industry is very dangerous nowadays because it is a relatively new industry, it is constantly changing and unexpected. In addition, no organization, government can manage it ... Crypto is heavily used in illegal activities or fraud in this industry. But even in cash, there are many frauds, but by management, they are more limited. Crypto will be preferred as cash when managed by governments.
I think most of them are correct. Now that the encrypted world is in a state of chaos, a negative news can cause great fluctuations.
hero member
Activity: 812
Merit: 501
May 27, 2018, 10:12:39 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

Scam ICO is dangerous, many scam ICOs are just to steal money from investors. That's make cryptocrrency is dangerous. In general if all crypto players have legit project, nohing is dangerous from cryptocurrency.
jr. member
Activity: 434
Merit: 2
May 27, 2018, 09:58:59 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 there are no dangerous in digital crypto. It just other country believethat crypto is a scam. Because of many news about scaming money in crypto especially on bitcoin. Thats why i hate scammer they didnt think that if whole country will bannef crypto there will no more good profit. They just think by there self.
member
Activity: 364
Merit: 10
May 27, 2018, 09:53:28 PM
I think the Crypto industry is very dangerous nowadays because it is a relatively new industry, it is constantly changing and unexpected. In addition, no organization, government can manage it ... Crypto is heavily used in illegal activities or fraud in this industry. But even in cash, there are many frauds, but by management, they are more limited. Crypto will be preferred as cash when managed by governments.
full member
Activity: 588
Merit: 103
May 27, 2018, 09:45:53 PM
I don't think so crypto industry is dangerous for me dangerous is those they use crypto as therw illegal activities.
member
Activity: 238
Merit: 10
May 27, 2018, 09:43:15 PM
Again I emphasize crypto is not dangerous, cryptocurrency is a new technology that is very useful, cryptocurrency is a blockchain technology where we can do any transaction without a third party,
Because the transaction is transparent and peer to peer,
I think the state that forbids crypto is the capitalist countries who are unwilling and afraid of this new technology,
Because the role of third parties is usually owned by the government,
This kind of technology is not a dangerous one but its too risky, dangerous and risky is different. Crypto world has a lot of opportunities where we can make good moneys with not having a capital amount. Yes,. Other person sayin crypto is dangerous because of scams or hacked in the site,yes I admit there are scams here like not distributing the rewards of campaign but as we have our own understanding and wide spread thinking about this technology it has a good chances of earning.
You can say its different but if we take the point and its the same. The only different is we use word dangerous and risky in different sentence but the point is the same. However we really dont care about the word but for me crypto is high risk high return.
jr. member
Activity: 178
Merit: 2
May 27, 2018, 09:41:23 PM
not taxable, can be anonymous and most notably approved is the decentralization of the system.
newbie
Activity: 143
Merit: 0
May 27, 2018, 09:40:43 PM
Its not dangerous at all as long as you know what it is and the risk. Most of peoples jump in to crypto without knowing anything about them that is why they say like that because of losing their money.
member
Activity: 280
Merit: 18
@berytry
May 27, 2018, 09:38:24 PM
I think the crypto industry is not dangerous, but you should know more about the crtpyto you are investing. the heir is a crypto scam. Maybe the state wants to protect people from crypto scam
jr. member
Activity: 42
Merit: 1
May 27, 2018, 09:35:56 PM
Every country have a different  opinion about cryptocurrency some say's its dangerous to the  economy and some say's its usefull in the economy and social responsibilty.definetly other countries band of using crypto because they thinks that it can be used in some money laundering,or some illegal activities like buying drugs,support terrorism, not to thinking that it is good for economy and capitalism of the country.

Any p´lace
newbie
Activity: 92
Merit: 0
May 27, 2018, 09:00:44 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 cryptocurrency is not a dangerous thing. quite the contrary cryptocurrency is a revolutionary currency that provides benefits. they can trade, invest and follow signature campaigns. all income is in the form of cryptocurrency.
cryptocurrency is not dangerous but only has a big risk. if we are not careful one can easily hack our wallets. or when the price of coins drops dramatically it is all a risk in doing business cryptocurrency.
jr. member
Activity: 266
Merit: 1
May 27, 2018, 08:49:38 PM
Actually, Cryptocurrency is harmless, it's just a person's crime that makes it dangerous.
There is often something wrong with interpreting Cryptocurrency.
Actually, Cryptocurrency equals conventional money can be for sale and purchase transactions, for investment, and trade. Staying early intentions someone uses the money for what purpose.
Cryptocurrency does have a great chance for crime and can be well hidden.
But if there is a meeting and affirmed to all citizens there will change that make Cryptocurrency harmless.
member
Activity: 290
Merit: 10
May 27, 2018, 08:22:05 PM
I don't think that the cryptocurrency industry is dangerous, for me it is more risky. Imagine walking in a dark forest without any flashlight, that is how risky cryptocurrency industry is. The only danger you might think is losing everything you have because of a wrong move but if you do your work well like research and study it first then you have less chance to fail.
newbie
Activity: 126
Merit: 0
May 27, 2018, 08:11:50 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

The danger of crypto industry comes from people's greedy figure overnight and they are being tempted by scams. In order to protect unseen investors, the media is constantly promoting the danger of this industry. As a matter of fact, it has no difference from other investments.
member
Activity: 280
Merit: 11
May 27, 2018, 08:08:49 PM
I don't think the encrypt industry is dangerous. It is risky to know that you invest in any industry, and the benefit of investment encrypt relative to other investment is very big. What we need to do is to control your own risk as much as possible.

I don't think its right to call crypto industry is dangerous, It cannot be dangerous if we will study first all about crypto and before we engage into it, we better make sure that we know what we are doing to be safe. It is risky doing transactions here, but not dangerous.
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