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Topic: The danger of the cyptocurrencies - page 20. (Read 45201 times)

sr. member
Activity: 298
Merit: 250
January 10, 2017, 02:21:24 PM
In my opinion The main power of cryptocurrency is in decentralization . I'm not fully agree with bitcoin privacy, priblem is when you get scam so you can't track scammer.
Crypto currencies like bitcoin only face problems of adoption by our governments to go full scale other than that its the scam bags trying to scam users who are unsuspecting that prove to be the real problem


There will always be scammers in bitcoin and in any other currency in the planet, crypto or fiat... you can never stop scammers, you can only educate people to become intelligent enough so that they stop falling for it. You can never make the world a perfect place but you can harden yourself for the adversities out there.
I think that the scammers are not the most recent risk for bitcoin users. Very often we can expect and the authorities where you live, if officially bitcoin not recognize and deal with cryptocurrency is a criminal offense.
legendary
Activity: 1204
Merit: 1028
January 10, 2017, 02:01:01 PM
In my opinion The main power of cryptocurrency is in decentralization . I'm not fully agree with bitcoin privacy, priblem is when you get scam so you can't track scammer.
Crypto currencies like bitcoin only face problems of adoption by our governments to go full scale other than that its the scam bags trying to scam users who are unsuspecting that prove to be the real problem


There will always be scammers in bitcoin and in any other currency in the planet, crypto or fiat... you can never stop scammers, you can only educate people to become intelligent enough so that they stop falling for it. You can never make the world a perfect place but you can harden yourself for the adversities out there.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
January 10, 2017, 01:58:20 PM
The government should have a private rule for cryptocurrencies so it can secure for investors.
Actually there are not any dangers of cryptocurrencies and we are in the digital world. We need them to solve all payments in this digital world.

i think what the government wants from bitcoin is how they can take a tax from people which is using bitcoin in every day and for the rule, i think the government will make a rule for this if they see that the opportunity to make a tax for people is come and they will use their power to make a regulations for the bitcoin user.
full member
Activity: 158
Merit: 100
January 10, 2017, 01:57:49 PM
I understand that an increase in capacity capable of generating cryptocurrency were only the owners of special equipment, but small miners will not be profitable this business. But I'm more interested in those who can crack and get information.
full member
Activity: 233
Merit: 250
January 10, 2017, 01:24:28 PM
The danger bitchoin temporarily many scams online arena in because there is no guarantee for the investors for the time being all the investment needed for the guarantee of the investors
You are right that is why if you want make investing your real money on bitcoin, you must be sure you are ready for lost in it.
As you said there are no guarantee making investment into bitcoins and you must remember bitcoin is not stocks that there are guarantee from government, but everything related investment always there is risk into them.

Emotions investment it will inevitably be bankruptcy and lose all of it
Well what is kinds of investments related bitcoin? Are there trading, cloud mining, hyip or other. You don't give me the details how can emotions investment will be bankrup.
And i think it is more dangerous of investment than the danger of the cryptocurrency.
Can we worry about their affairs during the investment and trade on the Internet. There are many scams that are easy to pick up my bitcoin. How to do better.
full member
Activity: 149
Merit: 100
January 10, 2017, 12:59:51 PM
Emotions usually make us get into troubles, since we do know what is happening and we wanna be part of it, but when we see our investment at green we dont know when to way out, usually this is what happend with me when i tryed to trade, i started loosing then it went into profit, and instead of me dump my coins i were expecting a bigger value, the result were a loss always.
If there are any problems, the user probably will not be able to resolve their issues through legal, because anonymity in the first place.
sr. member
Activity: 284
Merit: 250
January 10, 2017, 12:06:21 PM
At this point I do not see the danger of bitcoin, but if bitcoin will be accused of illegal transactions or other things, then it is not the best way affect the bitcoin and users.
hero member
Activity: 756
Merit: 501
December 29, 2016, 04:03:16 PM
Emotions usually make us get into troubles, since we do know what is happening and we wanna be part of it, but when we see our investment at green we dont know when to way out, usually this is what happend with me when i tryed to trade, i started loosing then it went into profit, and instead of me dump my coins i were expecting a bigger value, the result were a loss always.
hero member
Activity: 518
Merit: 500
December 29, 2016, 12:35:57 PM
The danger bitchoin temporarily many scams online arena in because there is no guarantee for the investors for the time being all the investment needed for the guarantee of the investors
You are right that is why if you want make investing your real money on bitcoin, you must be sure you are ready for lost in it.
As you said there are no guarantee making investment into bitcoins and you must remember bitcoin is not stocks that there are guarantee from government, but everything related investment always there is risk into them.

Emotions investment it will inevitably be bankruptcy and lose all of it
Well what is kinds of investments related bitcoin? Are there trading, cloud mining, hyip or other. You don't give me the details how can emotions investment will be bankrup.
And i think it is more dangerous of investment than the danger of the cryptocurrency.
newbie
Activity: 4
Merit: 0
December 29, 2016, 12:24:56 PM
The danger bitchoin temporarily many scams online arena in because there is no guarantee for the investors for the time being all the investment needed for the guarantee of the investors
You are right that is why if you want make investing your real money on bitcoin, you must be sure you are ready for lost in it.
As you said there are no guarantee making investment into bitcoins and you must remember bitcoin is not stocks that there are guarantee from government, but everything related investment always there is risk into them.

Emotions investment it will inevitably be bankruptcy and lose all of it
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
December 29, 2016, 12:17:25 PM
I think that is a problem for cryptocurrencies, is the number of new cyptocurrencies. maybe then we will immediately believe that the new cyptocurrencies able to give us a lot of advantages, however, it could be a scam. but I feel that no harm from cyptocurrencies that have long circulated as bitcoin.
hero member
Activity: 518
Merit: 500
December 29, 2016, 12:12:16 PM
The danger bitchoin temporarily many scams online arena in because there is no guarantee for the investors for the time being all the investment needed for the guarantee of the investors
You are right that is why if you want make investing your real money on bitcoin, you must be sure you are ready for lost in it.
As you said there are no guarantee making investment into bitcoins and you must remember bitcoin is not stocks that there are guarantee from government, but everything related investment always there is risk into them.
full member
Activity: 211
Merit: 100
Official Augmentors Developer
December 29, 2016, 11:41:45 AM
In my opinion The main power of cryptocurrency is in decentralization . I'm not fully agree with bitcoin privacy, priblem is when you get scam so you can't track scammer.
Crypto currencies like bitcoin only face problems of adoption by our governments to go full scale other than that its the scam bags trying to scam users who are unsuspecting that prove to be the real problem
sr. member
Activity: 672
Merit: 250
December 29, 2016, 11:40:45 AM
The government should have a private rule for cryptocurrencies so it can secure for investors.
Actually there are not any dangers of cryptocurrencies and we are in the digital world. We need them to solve all payments in this digital world.

How come the government can have any involvement with any of the crypto currencies while they have nothing to do with it? They don't have any access on them nor they control them even in their own countries because these are digital and just on internet and every person are using them individually but they are not used in all over the country so that government could do something for it.
newbie
Activity: 11
Merit: 0
December 29, 2016, 11:32:03 AM
The government should have a private rule for cryptocurrencies so it can secure for investors.
Actually there are not any dangers of cryptocurrencies and we are in the digital world. We need them to solve all payments in this digital world.
newbie
Activity: 4
Merit: 0
December 29, 2016, 11:23:33 AM
 The danger bitchoin temporarily many scams online arena in because there is no guarantee for the investors for the time being all the investment needed for the guarantee of the investors
hero member
Activity: 658
Merit: 500
December 29, 2016, 11:11:42 AM
In my opinion The main power of cryptocurrency is in decentralization . I'm not fully agree with bitcoin privacy, priblem is when you get scam so you can't track scammer.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
December 29, 2016, 07:55:38 AM
Maybe one strong country that will take this leap might make a blast to other neighboring country. But still that is a long shot. There are things that are needed to be considered before this big change.
hero member
Activity: 994
Merit: 544
December 29, 2016, 07:23:55 AM
There is no danger in cryptocurrency, just some people or better to say governments are spreading irrational fear of it because they are afraid for their financial or maybe even political system. Cryptocurrencies offer progress and there is no harm in it. If everyone accepts their advantages it could be better for us all.
We can’t deny that crypto-currencies are used for some bad things, and are used by the wrong hands which gives them a bad reputation, some of the worthy currencies like bitcoin are being used by hackers and drug dealers for illegal actions , because bitcoin gives you total anonymity since it does not ask you for your id so a 10 year old kid could use it. And that what makes it dangerous.
You think people did not use fiat for bad things? For illegal activities?
Anything always have a bad side , fiat or bitcoin has it
It's doesn't mean you cannot use it for a good things and automatically categorized as a dangerous thing
Cryptocurrency provide a lot of breakthough in world financial system
We just cannot realize that yet for now.

Money just the word is bad if we look trough history, any type of money is bad can be manipulated and can be used for good or bad. That is same thing with crypto currencies all in general. They have good thing no one can denied it but also can be used for same thing as fiat so i would stick for it on 50-50 bases.

There are nothing to worry about. Many are panicking about the government looking or has access into our cryptocurrency accounts. If we dont do Illegal activities and just follow the rule of law and be a good abiding citizen then theres nothing to worry about. But if we stick our nose outside the law then the government in its power will monitor you including your crypto wallets.
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
December 29, 2016, 07:07:59 AM
There is no danger in cryptocurrency, just some people or better to say governments are spreading irrational fear of it because they are afraid for their financial or maybe even political system. Cryptocurrencies offer progress and there is no harm in it. If everyone accepts their advantages it could be better for us all.
We can’t deny that crypto-currencies are used for some bad things, and are used by the wrong hands which gives them a bad reputation, some of the worthy currencies like bitcoin are being used by hackers and drug dealers for illegal actions , because bitcoin gives you total anonymity since it does not ask you for your id so a 10 year old kid could use it. And that what makes it dangerous.
You think people did not use fiat for bad things? For illegal activities?
Anything always have a bad side , fiat or bitcoin has it
It's doesn't mean you cannot use it for a good things and automatically categorized as a dangerous thing
Cryptocurrency provide a lot of breakthough in world financial system
We just cannot realize that yet for now.

Money just the word is bad if we look trough history, any type of money is bad can be manipulated and can be used for good or bad. That is same thing with crypto currencies all in general. They have good thing no one can denied it but also can be used for same thing as fiat so i would stick for it on 50-50 bases.
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