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Topic: is crypto industry dangerous ? - page 86. (Read 5807 times)

member
Activity: 252
Merit: 12
May 06, 2018, 01:48:17 PM
Like every sphere dangerous. I don't think that join to blockchain business getting more risks than for example in the coal business.
member
Activity: 546
Merit: 10
May 06, 2018, 01:46:00 PM
It's hard to say in general about the crypto industry, but if we now begin to clarify for example about a new project or even talk about projects that are being created today, but of course this is risky, because the scammers are very clever today.
member
Activity: 336
Merit: 10
May 06, 2018, 04:07:41 AM
the cryptographic currency industry has always faced such a thought. but in recent times the number of participants has increased and continues to progress towards becoming more universal. I think it's definitely not dangerous.
full member
Activity: 392
Merit: 104
May 06, 2018, 04:05:42 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, there is a danger today.But this danger does not extend to those countries where the crypt is not officially allowed.There's no danger to the rest of us
member
Activity: 845
Merit: 56
May 05, 2018, 08:06:03 AM
Are you nuts?  Grin
newbie
Activity: 132
Merit: 0
May 05, 2018, 07:59:35 AM
 Cryptocurency is a high risk investment venture But not really dangerous, as business men we all know the risks involved  and the fact that we still take them means that we dont mind venturing in it, Countries that have banned crypto have their reasons for doing so,policies aren't the same but the main reason for banning is normally the fact that crypto is independent and cannot be taxed, thus denying the governments a chance to earn revenue,  one lingering question however is how comes some other countries have legalized crypto.
member
Activity: 273
Merit: 10
May 05, 2018, 07:57:22 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.
full member
Activity: 406
Merit: 100
▰▰▰ MODULE ▰▰
May 05, 2018, 07:53:01 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


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.
jr. member
Activity: 252
Merit: 2
May 05, 2018, 07:48:07 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 negative for crypto investment is when there is a shutdown of digital network that will totally disable transactions related to crypto unlike to banks that we can withdraw over the counter once there a network shutdown.
member
Activity: 658
Merit: 10
Rangers Protocol
May 05, 2018, 07:48:01 AM
The only dangerous in crypto is scam and lose. There are more scam project here and more victims who got lose money. Once you lose your investment you couldn't get it back. You should be careful if you plan to invest in the future. You can try to visit the signature that I wear now. Thanks in advance
copper member
Activity: 322
Merit: 0
May 05, 2018, 07:45:03 AM
dangerous is not the exact word....  i would rather say it is risky. risky for those who keep all their investment in crypto.
As market is unpredictable , you never know when market is up and when it will be crash.

 also in some countries crypto is illegal as it is not controlled by govt.
jr. member
Activity: 313
Merit: 1
May 05, 2018, 07:41:11 AM
Well it is risky for Investors. and there are illegal activities which can happen through cryptocurrencies. But those illegal activities are still happening with fiats also. GOvernment banning Crypto got no idea what they are doing actually.
newbie
Activity: 98
Merit: 0
May 05, 2018, 07:35:41 AM
the cryptos is not danger if not to look after well . there are really  not other nations not believe on it  but it depends to you if be danger or were better if you follow regulation and rules for you do not be problem and grow the industry.
full member
Activity: 280
Merit: 100
May 05, 2018, 07:30:34 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

if you have been in this market for a long time, you will reallize the crypto market is very safe but those risks is only happens when we log in phising site and in most of cases investors lost money because they invested in ICOs, ICO is very easy to scam, just make a project look more appealing to investors even when you don't have any real product, investors still invest into the ICO because they only care bout profit, that is why ICOs is dangerous bringing bad reputations to entire cryptos industry.
Yes, those who are new to this business are usually being scammed, they invested their money without reading and without knowing what can be the possible risk, if they will do their own research and study first each things that needed to earn before dealing with crypto, then it will be much better
and also much safer, crypto currency still young and a lots of things can possibly happen just learn how to analyze and be prepare as always.

The only thing that can protect you from being scammed or hacked is knowledge. So actually for newcomers can be easier to learn how to trade than to analyze meticulously every ICO. As there is lots of info about stock market trading and the mechanics of it is fairly uniform
jr. member
Activity: 91
Merit: 1
May 05, 2018, 07:21:55 AM
Other maybe says its dangerous specially if they are a victim of scammers but for me i should say that its risky in crypto world specially if you are involve in investing and trading because you need to be careful and watchful of the flow of the price in the market to be profitable.
jr. member
Activity: 224
Merit: 1
May 05, 2018, 07:14:17 AM
Which makes it seem dangerous are those who feel they will be harmed by crypto world, and the countries that reject the crypto world are the countries that don't want their society to go forward.
full member
Activity: 756
Merit: 100
May 05, 2018, 07:05:50 AM
Yes, crypto is dangerous for people who trust everything they see and read in the internet, and for those who want to gain tonnes of money for jam in a few months. These people get scammed easily and lose their investments.
And, as it was mentioned before, it is kinda dangerous for the government, banking systems, etc.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
May 05, 2018, 04:13:25 AM
I think it will only dangerous for people which don't want to learn more about the crypto industry because they will not aware with the volatility of the price and they invest in a big amount without doing research. maybe we are seeing many examples for this in out there and many of them don't learn from other people mistake so they still invest without having more knowledge about the cryptocurrencies. but for the banning on some countries, I don't think that is dangerous because so far, people could use cryptocurrency without worry. but if on one country prohibit cryptocurrency, then it will be dangerous for people to still use the crypto and they need to leave the crypto as soon as they can if they don't want to get jail.
copper member
Activity: 798
Merit: 3
May 05, 2018, 12:43:06 AM
Not any dangerous for doing crypto trading or investment rather very risky than of silver volatility. But, Many countries are do not legalize the crypto transactions in the country. The Govt. has left it to the people who are involved in crypto all the risk at their own risk if they are indulge in the crypto transaction or the trading.
full member
Activity: 728
Merit: 101
The Standard Protocol - Solving Inflation
May 05, 2018, 12:25:56 AM
They did ban it but i do think its only temporaly. The development of fintech is must and people need to adapt. Its true that its seems dangerous and its cant be accepted world wide but i believe in future it will be use and it will become breakthrough for transaction problem.
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