What about negatives of Crypto? - page 6.

Sicithdeve

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Quote from: CreamIce on September 21, 2018, 03:32:25 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?

cryptocurrency is really our future but i do not see it then the way it is now the cryptocurrency world will definately change

RohanRadia

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Quote from: CreamIce on September 21, 2018, 03:32:25 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?

Overall, I think crypto currencies are the future and I believe the flexibility of just paying via a QR code is the way forward. No need to carry cash, no limits on where and when you can spend and no chance of a bank collapsing or any of the other problems that come with the current monetary system.

In my opinion the main downside is the volatility of the crypto market. For example, ETH was well over 300$ roughly 2 months ago and now we are nearing 200$. There are people out there who would have taken a massive hit on it. You need to make sure you keep your money spread out and in currencies that you believe are stable as possible.

Hopefully this helps you. Would love to hear other peoples opinions on the same question!

nhuantv

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Dude, every thing is always have two faces, nothing is only good or only bad.
Crypto as well, it have a lot of good, but if you read news, you can see it have a lot of negative point, such as: becuz crypto is anonymous, mean you cant know who's buy and who sell, mean bad guys can use crypto to clean the dirty money, terrer can use it to buy wepon,... and goverment do not know that. Its very dangerous.

blockman

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Hacks and vulnerabilities aren't only for crypto's. If you will study on how many hacking incidents and frauds are happening to the banking industry, their credit cards and debit cards a lot of them are being hacked and robbed.

The negatives are coming from the people who are thinking that all of these things are only available for crypto which is unfair.

3lyntmy

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Quote from: CreamIce on September 21, 2018, 03:32:25 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?

i just believe blockchain will be our future technology, crypto im not sure .. lol

JeffBrad12

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Leading Crypto Sports Betting & Casino Platform

Quote from: CreamIce on September 21, 2018, 03:32:25 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?

You just overwhelmed.
There are more negatives of this market as well.
Ponzi and scam ico, scalability problem, market manipulation. I think these problems should be included on the all of the negative things in the crypto.
But so many people have known the crypto as a money machine. They can get a lot of money instantly if there was a pump or they have been investing in the good ico.

trungdlvn

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Cryptos, or cryptos currency, is a kind of currency, so its ultimate goal is become the currency in exchange with other goods (like an apple, a pack of cigaret...)
I think that the most obstacle now is the speed, when you go to supper market, you want to buy a kg of apple and people is not patient enough to wait for like 3 confirmation to confirm the transaction, so the "instant confirmation" is needed. If cryptos in general can solve this problem, we can think of cryptos going mainstream.

You can say that we can use the buffer service, like VISA doing for the bank, but that we will go back to the decentralisation thing.

tuthienloc92bk

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I think blockchain is a revolution of information technology industry. And as we can see, there are many application of blockchain in reality world. Cryptocurrency will be popular too. But it's too new to accept by some countries that don't release the legal framework for blockchain and cryptocurrency.

About "good project", you can review their idea, the problems they solve as well as possible to apply to reality world. If all things what they said is too fictional, you should beware it.

maronalex2

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The main feature of cryptocurrency is independence. Crypto provides some kind of economy freedom. No more banks setting the rules and controlling the money, no more powerful people who decide what is going to happen. With crypto people who using it are setting the rules. Finansical anarchy. And this feature is might be really helpful in some cases. I don't mean criminal acts like buying guns or drugs or doing other bad stuff. I mean that sometimes a really bad things might happen and you may need to buy something fully anonimously. If you are in some political trouble for example and want to get away from your county and danger it provides to you. And independence of cryptocurrencies will help you with that.

krassy

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Negative in cryptoworld can only be speculation with tokens. The blockchain technology itself does not carry anything bad, it is just created for the benefit of people, this is the most trusting and honest process. And those speculations that take place with ICO, investors, tokens and coins exist not only in the crypto world,but also in our everyday life.

CreamIce

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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?

Topic: What about negatives of Crypto? - page 6. (Read 559 times)