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Topic: is crypto industry dangerous ? - page 85. (Read 5807 times)

member
Activity: 546
Merit: 11
May 09, 2018, 11:22:38 AM
so far, there are far more dangers to the crypto world, we need to be strong for the future in crypto world.
member
Activity: 476
Merit: 14
JUST HODL !
May 09, 2018, 11:13:38 AM
may not be dangerous, but more precisely at high risk.
which makes crypto a high risk is because crypto has no regulation so the price of crypto is very volatile, if one bit in prediction then bankruptcy will threaten. this is what makes crypto in doubt even banned in some countries.
newbie
Activity: 4
Merit: 0
May 09, 2018, 11:06:25 AM
It is no any government, which will allow it to live long. And nobody can control it. I guess It wil die one day.   
sr. member
Activity: 588
Merit: 250
May 09, 2018, 03:33:39 AM
I cannot say so. It depends on the users of the crypto itself. Many people use the crypto for good activities. Some of them for investment, trading, and also joining other programs and using them for the transaction. However, if there are some people that use it for bad things, it means that it will be dangerous. Actually, working in this kind of crypto will require high risks and dangers.
legendary
Activity: 1564
Merit: 1027
May 09, 2018, 03:19:42 AM
I think encryption is different in different countries. That depends on the state's view of encryption. For example, encryption is not dangerous in Japan, but encryption is very dangerous in China.

Dangerous for whom? The dictators ruling the country? Them it might be good for the people, right?
newbie
Activity: 64
Merit: 0
May 09, 2018, 12:59:16 AM
cripto industry is actually easier for people in completing the work but the industry is still in the development stage and not mature right, so there have been hacked piercing recently due to immature technology and is still being developed many parties, especially the problem of transaction security and storage
newbie
Activity: 116
Merit: 0
May 09, 2018, 12:32:33 AM
I think encryption is different in different countries. That depends on the state's view of encryption. For example, encryption is not dangerous in Japan, but encryption is very dangerous in China.
newbie
Activity: 196
Merit: 0
May 08, 2018, 11:10:50 PM
Cryptocurrency very safe cryptocurrency is a complex encryption system or cryptographic protocol used to transfer confidential data in order to preserve the value of exchange units. Cryptocurrency is developed under the most sophisticated mathematical cryptography and computer engineering principles, in order to protect its unbreakable structure. So, the value units of Cryptocurrency can not be faked or cheated because it has very safe protection not dangerous as you think.
full member
Activity: 484
Merit: 101
May 08, 2018, 10:03:07 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

Some people have used them to do illegal things. There are also aome people who use the coins to cheat so it is dangerous.
newbie
Activity: 125
Merit: 0
May 08, 2018, 09:59:35 PM
Many countries believe that the encryption industry is dangerous. First, the government has not found an effective way to regulate and control it. Second, blind investors and many scams have emerged....
jr. member
Activity: 490
Merit: 2
May 08, 2018, 09:52:50 PM
the price suddenly rose very high, and then suddenly fell. transactions made in private easily and without going through the bank, and reaching out to the whole world which means prone to use for illegal transactions. this is the most dangerous thing in the crypto world ever said by the government and everyone is aware of it.
jr. member
Activity: 490
Merit: 2
May 08, 2018, 09:52:02 PM
the price suddenly rose very high, and then suddenly fell. transactions made in private easily and without going through the bank, and reaching out to the whole world which means prone to use for illegal transactions. this is the most dangerous thing in the crypto world ever said by the government and everyone is aware of it.
member
Activity: 215
Merit: 21
May 08, 2018, 01:25:25 PM
Dangerous, for corrupt government or ppl behind it, for the honest men there is noffing to fear, if u not steal or rob anyone, yr money is legal, its all ok for u
full member
Activity: 728
Merit: 104
May 08, 2018, 01:18:22 PM
Dangerous? Of course it's dangerous, because you can lose all your money that you invested in it, but still it's not the most dangerous, you can be robbed, so just do not tell anyone about it, because the situation today is very dangerous and there are so many people like that .
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos
May 08, 2018, 01:15:03 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

No Doubt that everything in this world has negative as well as positive impact because every type of the people are available in this world and that is usual for them to use things in either better way or in negative ways .
But here we should take care that we are not helping any person that is using Cryptourrency in negative ways and also only limited numbers of people are who are using Cryptourrency in illegal activities , so I don't think that Cryptourrency use is dangerous in anyway .
Digitisation are better rules to regulate those people to use cryptourrency for illegal things because everything will remain in open to see that for which thing and where to where transaction are going on .
And those countries which banned to use cryptourrency are only limited to Thier power of social sciences , so may be they can unban these things and I don't think we should think that Cryptourrency are any type of negative or anything bad or dangerous in anyway .
member
Activity: 392
Merit: 11
May 08, 2018, 09:04:30 AM
I will not be stating all of the reasons that caused countries to ban crypto, but there is some of them: 1) people may use the cryptocurrency for buying illegal stuff, so no one can prove the fact of purchasing. 2) it is bad for government just because of the taxes. There are a lot of them, actually.
jr. member
Activity: 66
Merit: 2
May 06, 2018, 02:35:38 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


It depends, there are still a lot of hackers on the market. I think Governments are still afraid that a lot off people will loose there money on hackers. So there will be a lot of unrest with the rest of the people, what will lead to chaos.

but for myself I dont think it is really dangerous, there are many ways how to protect yourself from getting stolen.

member
Activity: 308
Merit: 10
May 06, 2018, 02:06:49 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


In the future, crypto-currencies can compete with public funds. It certainly will be very, very long time, but it is quite possible. Also, large fluctuations in rates adversely affect ordinary people-investors.
jr. member
Activity: 266
Merit: 1
May 06, 2018, 02:03:59 PM
You can lost everything in few seconds.Crypto world really dangerous, I think nothing in safety mode. People want safety but its hard.
member
Activity: 336
Merit: 10
May 06, 2018, 01:59:55 PM
I think that the crypto industry is very dangerous, but where there is danger there is also the opportunity to earn very good money. Each investor decides where and how much to invest.
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