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Topic: is crypto industry dangerous ? - page 82. (Read 5795 times)

full member
Activity: 728
Merit: 101
May 14, 2018, 11:28:52 AM
cryptocurrency is considered to be very dangerous, because it does not have an institution that can regulate crypto, especially bitcoin, so the crypto security level is very weak, and very hacked by hackers, and crypto is also considered dangerous for the state because it can reduce tax revenue
member
Activity: 336
Merit: 10
May 14, 2018, 09:07:38 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: 76
Merit: 0
May 14, 2018, 09:05:33 AM
There are many reasons why people says crypto business dangerous, it is only beyond the person on how the way they manage and how the way they used. But danger thing in crypto business are very less when we compare to the total good contribution of crypto into community, and the more also in the development of world economy. There are also people afraid to invest in crypto business, because they think the negative future on the dangerous thing to happen, and to all people having negative analysis in crypto business are comes into nothing of good future income.

I think its dangerous because its prone to hacking.
jr. member
Activity: 112
Merit: 1
May 14, 2018, 09:03:50 AM
Not like that, it's close to gambling though.
jr. member
Activity: 224
Merit: 2
May 14, 2018, 09:02:22 AM
Yeah, I now a few men who invest lots of money and they they lose because of dumps..
newbie
Activity: 238
Merit: 0
May 14, 2018, 08:58:31 AM
Crypto is very dangerous. That is why most countries give a warning to their citizen related crypto currency. It is very volatile which means we can lose the value of in the fast way and vice versa.
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
May 14, 2018, 08:56:11 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


It was not dangerous because it was helping different peoples life in the country and japan is using cryptocurrency for the community so i think that bitcoins is good for people if they only know how to use it.
By your comment cryptocurrencies are good, not dangerous. Maybe they are dangerous for old system, banks and some governments can be afraid from crypto cause they will not be able to cheat the system anymore. Blockchain is that for a reason, for many institutions and people it will be end for working under the system and to lie people what they did with money, it will be visible for all of us what they are doing.
Crypto industry is dangerous for people with conservative thinking, for the ones who are afraid of future, but for many of us its blessing.
newbie
Activity: 196
Merit: 0
May 14, 2018, 08:53:45 AM
The crypto-currency industry was perhaps a bit dangerous at first, but now it's a world that many people are in. The crypto industry uses a lot of the field. For now, I think there is no danger.
full member
Activity: 364
Merit: 100
May 14, 2018, 08:47:49 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


It was not dangerous because it was helping different peoples life in the country and japan is using cryptocurrency for the community so i think that bitcoins is good for people if they only know how to use it.
full member
Activity: 381
Merit: 101
May 14, 2018, 08:42:21 AM
It is dangerous for you if you enter into the crypto industry blindly without doing your research and expecting to make millions in a short amount of time. As long as you are investing wisely and smartly then you have nothing to worry about. You can't just expect to unwittingly through money into a coin without doing research and expecting to make a lot of profit from it, that is not how it works.
member
Activity: 234
Merit: 15
May 14, 2018, 07:27:51 AM
The crypto industry is dangerous for stupid people who invest in it the last money , waiting for cherished X, and sometimes get a big minus. After that they call crypto industry dangerous. For me it so dangerous as forex, nothing new. The possible profit corresponds to the possible risks.


Well in my opinion, crypto is a good thing and all but it can be dangerous. One of the reasons is because of its decentralized system, it means that governments and central banks don't have any access on it. Because they don't have access, they will not know what kind of transactions are made meaning that if there's an illegal transaction happened they wouldn't know about it, couldn't track the transaction and eventually will not know who are behind that. That's just one of the reasons why some countries wouldn't allow the crypto system.
newbie
Activity: 48
Merit: 0
May 14, 2018, 06:45:51 AM
I dont think some countries ban it because it is dangerous, but rather because crypto is decentralised and they will not have control of it.
For an individual crypto can be risky because there are many scams around. Nonetheless, scams also happen in fiat
member
Activity: 378
Merit: 17
May 14, 2018, 06:41:51 AM
Well, it is dangerous because the government knows that it is not that bad, but at some point, if there will be salaries in ICOs, or altcoins- the salary will not be the same. The incomes of any person, who gets his money in crypto system is always willing to be unstable and changed.
member
Activity: 238
Merit: 10
May 13, 2018, 10:44:51 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

Many countries are now warning or even banning the use of digital money. They for this market is dangerous. I have many reasons:
- Due to the digital money market and non-governmental development, there is no legal management. Many non-governmental organizations have used this transaction for illegal activities.
- The nature of this market is constantly fluctuating
- Many ICOs come with scams.
But in my opinion, it is dangerous or not, or it depends on the investor itself and the road map for this interesting market management government!
member
Activity: 140
Merit: 10
May 13, 2018, 10:36:21 AM
It makes cryptocurrency dangerous and banned in some countries maybe it's because of the government.The government was minimized their income tax return because they can't control the income of the people who participated in the crypto world.
jr. member
Activity: 126
Merit: 4
May 12, 2018, 10:55:04 AM
if you think crypto is industry dangerous hom many countrie or investmen like to bitcoin because very suporting .
full member
Activity: 378
Merit: 104
May 12, 2018, 10:47:02 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

Yes it is but if you will be more secured most especially to those of your keys or private keys online. You have to keep it in order for you to not be scammed, always be aware of all the things here in the industry, trust and believe in the process.
full member
Activity: 364
Merit: 100
May 12, 2018, 10:40:38 AM
crypto is a good investment if we understand what to do but it would be dangerous if we do not have enough knowledge in investing in crypto so not a dangerous crypto but what we do is correct or not
member
Activity: 238
Merit: 10
May 12, 2018, 10:36:12 AM
I think it can be volatile and volatile. The government can not control it. Electronic money is also being used by some illegal users for some illegal work ... so many countries constantly warn and even ban it.
In the future when the government can manage it, these electronic coins will be promoted and become the main currency, the precious asset of humanity.
newbie
Activity: 26
Merit: 0
May 12, 2018, 10:28:52 AM
I think crypto currencies are still new in people's world. and in some periods the prices change rapidly as the balances change. in these cases investors began to think that the crypto money industry was in danger. But such a situation is impossible.
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