What about negatives of Crypto? - page 4.

Milamol

member

Activity: 686

Merit: 11

Crypto in its current form is an excellent field for scammers. This has been said many times.
In addition, it can be a means of full control over the entire population. Imagine, a blockchain system was created where all payments are made, all kinds of human activity and all kinds of equipment are registered. This is a kind of global universal database. What was declared as freedom, independence and confidentiality will be a pseudo-decentralized global control system.
And now the whole industry is a testing ground.
This can be a such cynical situation. Grin

Indrawan77

hero member

Activity: 1274

Merit: 516

There are numbers of negativity in crypto due to the decentralisation, the whales market manipulation, the high volatility of crypto that causing a lot of people losing money, the abandon ico project that makes investors losing money, people need to realise the risk when want to invest to avoid these things, and don't too focus on the negative things, there are also a lot of wondeful things about crypto

masterfu678

member

Activity: 280

Merit: 10

www.becent.com

You need to learn not to pay attention to people who are negative about cryptocurrencies. They simply do not realize the full value of such earnings and high volatility. So no need to listen to negative reviews, you just need to move on your own

Fedots83

full member

Activity: 462

Merit: 103

Quote from: CreamIce on September 21, 2018, 02:32:25 AM

Everybody says, Crypto is the future and we must believe in it. Apart from losses due to hacking and vulnerability, do you think there are any other negatives of this market?

It just intrigues me since, anything that is projected as 'only good' seems, too good to be true. Or I am just overwhelmed?

Many unfortunately just do not understand how promising cryptocurrency and the entire cryptocurrency market . It seems to me that in order for cryptocurrencies to finally become perceived as ordinary money, it takes another couple of years

annicketucufaw

member

Activity: 378

Merit: 16

Quote from: CreamIce on September 21, 2018, 02:32:25 AM

Everybody says, Crypto is the future and we must believe in it. Apart from losses due to hacking and vulnerability, do you think there are any other negatives of this market?

It just intrigues me since, anything that is projected as 'only good' seems, too good to be true. Or I am just overwhelmed?

The only negative thing about crypto that comes into my mind is that when you accidentally or mistakenly send your funds into a dead address, no one can retrieve it. I think it is a biggest downside in paying in cryptocurrency. People tend to be careless and sometimes always in a haste when doing something. So if you want to use crypto, always think before you click.

pavan@hosur

sr. member

Activity: 499

Merit: 250

The biggest disadvantage of the whole crypt is that there is a lot of scam and FUD which often turn away investors who are really able to invest in good projects. It is worthwhile to be very careful when choosing some new coins.

Master of Shitcoins

member

Activity: 217

Merit: 10

Quote from: CreamIce on September 21, 2018, 02:32:25 AM

Everybody says, Crypto is the future and we must believe in it. Apart from losses due to hacking and vulnerability, do you think there are any other negatives of this market?

Yes, it's very new still crypto and the market will weed out a high number of useless shitcoins which will fail or be a scam. Especially some of the little ones are looking bad, but also big ones like shitcoin XRP. Bitcoin and Ethereum will have a good future hopefully, but crypto is still new.

Quote from: CreamIce on September 21, 2018, 02:32:25 AM

It just intrigues me since, anything that is projected as 'only good' seems, too good to be true. Or I am just overwhelmed?

Being careful is always a good measure to avoid a loss.

crenfrosck

member

Activity: 470

Merit: 12

It seems like crypto is the best thing in the world (I do not deny that tho Grin

), but we should talk about negatives as well, otherwise, new enthusiasts might be in a great danger. Mining contracts which are absolutely useless as you can freely buy any of the top coins directly and you will get off it way more. Buying mining rigs is also an action where you are not guaranteed in getting ROI just to pay for themselves. Ponzi schemes (hi Carlos!), dead master node coins, consumed electricity. I have mentioned just a few of them to remember that there is no ying without yang and vice versa.

VeeraS

full member

Activity: 560

Merit: 100

Quote from: CreamIce on September 21, 2018, 02:32:25 AM

Everybody says, Crypto is the future and we must believe in it. Apart from losses due to hacking and vulnerability, do you think there are any other negatives of this market?

It just intrigues me since, anything that is projected as 'only good' seems, too good to be true. Or I am just overwhelmed?

of course it will always have a negative side, especially in terms of hacking and some fuds such as bubbles. the rest is not important, yes crypto will have a great opportunity to progress in all matters of transactions. and most likely, there are many countries that will adopt crypto as another option of currency

azalea69

jr. member

Activity: 336

Merit: 1

Various kinds of negative in crypto, project fraud, unstable markets, hacking or vulnerability. But all of this can be known before entering Crypto so that with this crypto negative we don't feel shocked or scared.

z21770179

sr. member

Activity: 474

Merit: 250

Quote from: devinks on September 28, 2018, 03:50:03 AM

Quote from: Bunk67 on September 28, 2018, 02:32:21 AM

The major negative thing to me in crypto is to scam project is being given me concern and am disturb about it because no how to stop this .

of course before we join the project it would be nice to find information and eliminate it so that we know whether the project is a scam or not. choose what we think is promising and good for us, but it all depends on our luck.

A lot of people know me and also with thorough exploration before investing or joining the bounty. But of course it is just a way to minimize the risk in this market. Investing is risky Wink

devinks

sr. member

Activity: 756

Merit: 250

Quote from: Bunk67 on September 28, 2018, 02:32:21 AM

The major negative thing to me in crypto is to scam project is being given me concern and am disturb about it because no how to stop this .

of course before we join the project it would be nice to find information and eliminate it so that we know whether the project is a scam or not. choose what we think is promising and good for us, but it all depends on our luck.

Andruha1993

jr. member

Activity: 1008

Merit: 1

There are a lot of positive examples in crypto, but unfortunately there are also disadvantages. For example, an unstable market. He sometimes upsets me very much.

Gabteb

sr. member

Activity: 812

Merit: 256

There are many as you cant find anything in the world that only is good and hasnt negatives ,crypto negatives many scams and scamers who want free money,big exchanges make milions just for coin/token listings and etc. but in general there are much more good than bad in crypto.

Lerikaweb

member

Activity: 392

Merit: 12

The Fourth Generation of Blockchain in DeFi

Quote from: CreamIce on September 21, 2018, 02:32:25 AM

Everybody says, Crypto is the future and we must believe in it. Apart from losses due to hacking and vulnerability, do you think there are any other negatives of this market?

It just intrigues me since, anything that is projected as 'only good' seems, too good to be true. Or I am just overwhelmed?

A perfect economic system will never be built, it is a utopia))) Guys, crypto has lots of negatives, but they are easier to be dealt with than the current ones)

Thyaga

sr. member

Activity: 644

Merit: 250

Quote from: CreamIce on September 21, 2018, 02:32:25 AM

Everybody says, Crypto is the future and we must believe in it. Apart from losses due to hacking and vulnerability, do you think there are any other negatives of this market?

It just intrigues me since, anything that is projected as 'only good' seems, too good to be true. Or I am just overwhelmed?

Crypto is full of lies and deceit, everyone wants to get money instantly.

rosezionjohn

sr. member

Activity: 882

Merit: 301

Quote from: CreamIce on September 21, 2018, 02:32:25 AM

Everybody says, Crypto is the future and we must believe in it. Apart from losses due to hacking and vulnerability, do you think there are any other negatives of this market?

It just intrigues me since, anything that is projected as 'only good' seems, too good to be true. Or I am just overwhelmed?

Add to that the scams perpetrated thru fake ICO's and airdrops. Also the ongoing bans by some governments and some platforms like facebook and google.

Bunk67

jr. member

Activity: 266

Merit: 1

The major negative thing to me in crypto is to scam project is being given me concern and am disturb about it because no how to stop this .

payjoe93

sr. member

Activity: 499

Merit: 268

PAYJOE93 DESIGN SERVICE

IMO crypto always be negative if there no official regulations.. after all, most of crypto volume is in exchange. And we all know, lately there a news about hack of exchange, make crypto seen negativly.

I believe the future of crypto, but i do not to much believe it.. as i know crypto still have some deficiency each part like security, stable price, fee, and more..

Just Stay Tune Buddy, i believe, one day crypto will be "real good" in future.

KirunBarber

full member

Activity: 567

Merit: 100

Negative side of the cripto world for now, there are many scam ICO projects, there looks like fraud under the guise of investors. It is very sad that this happened, because it will cause a deterrent effect on investors. I hope there will be policies from various parties regarding the more stringent ICO laden. this is to avoid / reduce the number of scams in the future. Huh

Topic: What about negatives of Crypto? - page 4. (Read 570 times)