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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: CreamIce on September 21, 2018, 07:32:25 AM



Title: What about negatives of Crypto?
Post by: CreamIce on September 21, 2018, 07:32:25 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?


Title: Re: What about negatives of Crypto?
Post by: krassy on September 21, 2018, 07:37:28 AM
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.


Title: Re: What about negatives of Crypto?
Post by: maronalex2 on September 21, 2018, 07:46:17 AM
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.


Title: Re: What about negatives of Crypto?
Post by: tuthienloc92bk on September 21, 2018, 07:49:04 AM
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.


Title: Re: What about negatives of Crypto?
Post by: trungdlvn on September 21, 2018, 07:49:29 AM
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.


Title: Re: What about negatives of Crypto?
Post by: JeffBrad12 on September 21, 2018, 07:52:07 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.


Title: Re: What about negatives of Crypto?
Post by: 3lyntmy on September 21, 2018, 08:00:07 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



Title: Re: What about negatives of Crypto?
Post by: blockman on September 21, 2018, 08:08:42 AM
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.


Title: Re: What about negatives of Crypto?
Post by: nhuantv on September 21, 2018, 08:15:14 AM
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.


Title: Re: What about negatives of Crypto?
Post by: RohanRadia on September 21, 2018, 08:16:02 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!


Title: Re: What about negatives of Crypto?
Post by: Sicithdeve on September 21, 2018, 08:17:01 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


Title: Re: What about negatives of Crypto?
Post by: Sicithdeve on September 21, 2018, 08:17:48 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!
there are soem problems but we are here to fix them and i am sure that cryptocurrency world will change within time


Title: Re: What about negatives of Crypto?
Post by: Xeon on September 21, 2018, 08:34:32 AM
As for me, I can see more positive sides of crypto than negatives. If to talk about negatives, it can be risk to lose money when trading but the blockchain technology itself doesn't have any negatives


Title: Re: What about negatives of Crypto?
Post by: Magiklair on September 21, 2018, 08:35:28 AM
As for me, I cannot see many disadvantages, vice versa, risks are involved everywhere and I can't say that all businesses that include risks are bad and not worth it. As for me, crypto is a good thing


Title: Re: What about negatives of Crypto?
Post by: sourish on September 21, 2018, 08:35:54 AM
Apart from the obvious security and financial ones, there are definite psychological negatives involved, like addiction and depression to name a few.


Title: Re: What about negatives of Crypto?
Post by: TpoJIb on September 21, 2018, 08:44:31 AM
I think that this is still the future truth not soon it will happen very much all is unfinished


Title: Re: What about negatives of Crypto?
Post by: Sylvial on September 21, 2018, 08:46:14 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 choose to see the positives in cryptocurrencies and the blockchain techology in general. The fact that my country's Customs Services is implementing the blockchain technology in its operations to boost revenue is a major gain for crypto in my country.

Apart from the vulnerability that is associated with cryptocurrencies since they are digitalized and prone to hacks, losses can be suffered anywhere, whether in traditional stocks trading or in real life businesses.


Title: Re: What about negatives of Crypto?
Post by: 1000 years on September 21, 2018, 08:48:03 AM
The general sentiment around the market has been negative for most of 2018. However, Bitcoin is a volatile asset with its ups and downs still coming.
Exchange does not use top-notch technology to protect consumers and hackers from taking full advantage of this problem. The question is, is there a limit to this hacking? After a few months, we saw the same pattern appear. This is the result of loose regulatory controls and regulators must step in to protect consumers. Anyone who wants to do anything with exchanges must be forced to adopt high-level security and regular security improvements.


Title: Re: What about negatives of Crypto?
Post by: goolesby on September 21, 2018, 08:51:24 AM
In my persona opinion, the highest negative of the crypto is the risk that will lose your money. Crypto is fluctuating and volatile. The price sometimes will be very down and we cannot do anything. It can lead us for losing. However, if we can make our good strategy, we can avoid losing.


Title: Re: What about negatives of Crypto?
Post by: MrThang on September 21, 2018, 08:54:36 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?
Here we will discuss the disadvantages of cryptocurrencies:
1. Difficult to understand – Cryptocurrencies are relatively new and come with a learning curve. People end up investing without proper knowledge and lose money to something they did not learn about.
2. Lack of knowledge – People are not aware of how to use cryptocurrency and hence open themselves to hacker. The technology is somewhat complex and therefore one needs to be mindful of it before investing.
3. Not accepted widely – Not many websites and companies accept digital currencies yet. Very few countries have legalized the use of cryptocurrencies. It makes it impractical for everyday use.
4. No way to reverse the payment – If you mistakenly pay someone by using cryptocurrency, then there is no way to get a refund of the amount paid. All you can do is to ask the person for a refund and if your request is turned down, then just forget about the money.
5. Uncertainty & Volatility – Since cryptocurrencies are so new, they are also very volatile. This is one of the main reasons mass adoption is taking longer than it should. Many corporations don’t want to deal with a form of money that is going to go through huge swings in volatility.

With everything in life, there are always pros and cons and this is why you need to weigh both actions thoroughly before making a decision. For cryptocurrency, it’s ascension has been due to its ability to initiate secure and untraceable transactions. Now, that the technology is here, only time will tell if the rest of the world will accept it.


Title: Re: What about negatives of Crypto?
Post by: Alexguma on September 21, 2018, 08:57:27 AM
Some of the crypto projects seem to be scams and these have affected the performance of cryptography industry.
Another negative fact is the scam exchangers where you can lost some of your coins.


Title: Re: What about negatives of Crypto?
Post by: xenomorphe1 on September 21, 2018, 09:02:53 AM
There is also market manipulation in crypto with pump and dump of a coin. It is a way to earn more money and quicker, but you can also lose a lot.
Many coins are used only to try to get more money. You can't use them in real life for the moment. The blockchain can sometimes be very slow.
Exchanges are sometimes very slow or buggy. And sometimes you need to write letter by letter an address to be able to send your coin to an exchange. It is not user friendly.
Some exchanges let you trade coins which are not real blockchain but are only on their exchange. They don't let you send the coin to another place.
Some people are going to try to scam your money by promising you more profits.
You have to experience it to know everything. After experiencing it, you will be more careful.


Title: Re: What about negatives of Crypto?
Post by: NikaGeraGod on September 21, 2018, 09:17:01 AM
More than $10.5B worth of BTC, $3.8B worth of ETH and $2.9B worth of XRP were exchanged in the BTC/USD market.

This is maybe because of few things that happened in few days which caused fear in Investors of losing their investment.

Some individuals have been left with their empty wallets due to malicious websites that provide users with a wallet seed generator. Recently, many users reported having their funds (an estimated $4 million) in their IOTA wallets stolen from an unknown source.
South Korean Exchange Korbit Stops Serving International Citizens
Bitconnect Shuts Down Its Exchange and Lending Platform. The company has widely been accused of operating a Ponzi scheme and was recently rocked by cease and desist notices in two US states.
Yesterday, in an interview recorded at New York’s National Retail Federation conference, Alfred Kelly, Visa's CEO, was pressed for his thoughts on Bitcoin and said:
“I don’t view it [Bitcoin] as payment system player. We at Visa won’t process transactions that are cryptocurrency-based. We will only process fiat currency-based transactions.”

An unidentified thief has reportedly stolen more than $400,000 in Stellar lumens after hacking the digital wallet provider BlackWallet. According to cybersecurity researcher Kevin Beaumont, the attacker hijacked BlackWallet’s domain name system (DNS) server over the weekend, adding a piece of code which transferred any deposits of 20 or more lumens into another wallet.


Title: Re: What about negatives of Crypto?
Post by: Adebits on September 21, 2018, 09:18:15 AM
Uncertainty or volatility is one of the disadvantages of cryptocurrencies. Since Cryptos are new concept of money, they are highly volatile. And this volatility is one of the main reasons hindering mass adoption of cryptocurrencies. Businesses are reluctant to deal with a form of money that can go in huge swing of volatility at any time.

Another disadvantage of cryptocurrencies is that it is irreversible, if you mistakenly pay someone with crypto, there is no way you can get the money refunded without telling the person to please send it back to you which he may decide not to refund you.


Title: Re: What about negatives of Crypto?
Post by: anafiene on September 21, 2018, 09:19:54 AM
There are many things that make Crypto underestimated by the many frauds that occur, the value that has never been stable tends to decrease so many are disappointed. So in the world of crypto must have a mentality that will be able to deal with the risks that occur.


Title: Re: What about negatives of Crypto?
Post by: ShowOffoN on September 21, 2018, 09:35:33 AM
Is there anything in this world that does  not have negatives (cons)? Of course there will always be negative aspects in crypto, volatility being one if you are into trading. You have to constantly monitor the price so you will know when to buy or sell. It's just like that but if you focus on the negatives, then everything in your mind will be negative too.


Title: Re: What about negatives of Crypto?
Post by: Rhshahindiana on September 21, 2018, 09:41:30 AM
Yes there are negatives too, its a non regulated market, where some coins can go very high and some can become 0 in no time, and there would be none to be blamed if any project fails or Scams in ICO. Also while transferring coins or tokens, if there is any mistake commited those cannot transaction cannot be reversed.


Title: Re: What about negatives of Crypto?
Post by: skovbitcoin on September 21, 2018, 09:54:43 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 years ago, the Crypto currency was created with one goal - to make the transactions anonymous, that is, to make it impossible to trace who and to whom transfers the money. I think that this is a minus, because the fraudster in this environment remain unpunished


Title: Re: What about negatives of Crypto?
Post by: Corer on September 21, 2018, 10:03:15 AM
Not many online stores and companies accept cryptocurrency as a means of payment. Only few countries have legalized the use of cryptocurrencies. It makes it impractical for everyday transactions. Due to lack of wide acceptance, before buying or investing online or offline, you need to make sure that it is accepted at the place you want to use it.

Although it is slowly getting the acceptance around the world, it will take time to take the idea entirely out of the shadows. While popular cryptocurrency such as bitcoin is currently being used in different ways, there is still a long way to go for it to be used for commerce, international bank transfers as well as electronic payments.


Title: Re: What about negatives of Crypto?
Post by: CreamIce on September 28, 2018, 05:21:46 AM
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.

But we see a lot of regulations coming up to control this currency. You think regulations will keep a check on illegitimate trading? Some say it sounds promising since it will build confidence in the market but some are against it because it will eventually fall under control. What do you think must be the approach?


Title: Re: What about negatives of Crypto?
Post by: waser12 on September 28, 2018, 06:35:01 AM
About negative effects of cryptocurrencies you can ask SEC. There are some problems like scam ICOs, speculations and manipulations, hackers attacks.


Title: Re: What about negatives of Crypto?
Post by: KirunBarber on September 28, 2018, 06:45:42 AM
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. ???


Title: Re: What about negatives of Crypto?
Post by: payjoe93 on September 28, 2018, 07:28:48 AM
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.



Title: Re: What about negatives of Crypto?
Post by: Bunk67 on September 28, 2018, 07:32:21 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 .


Title: Re: What about negatives of Crypto?
Post by: rosezionjohn on September 28, 2018, 07:43:58 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.


Title: Re: What about negatives of Crypto?
Post by: Thyaga on September 28, 2018, 07:44:49 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.


Title: Re: What about negatives of Crypto?
Post by: Lerikaweb on September 28, 2018, 08:00:09 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)


Title: Re: What about negatives of Crypto?
Post by: Gabteb on September 28, 2018, 08:06:15 AM
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.


Title: Re: What about negatives of Crypto?
Post by: Andruha1993 on September 28, 2018, 08:18:45 AM
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.


Title: Re: What about negatives of Crypto?
Post by: devinks on September 28, 2018, 08:50:03 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.


Title: Re: What about negatives of Crypto?
Post by: z21770179 on September 28, 2018, 09:04:10 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  ;)


Title: Re: What about negatives of Crypto?
Post by: azalea69 on September 28, 2018, 09:04:36 AM
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.


Title: Re: What about negatives of Crypto?
Post by: VeeraS on September 28, 2018, 10:19:17 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


Title: Re: What about negatives of Crypto?
Post by: crenfrosck on September 28, 2018, 11:04:32 PM
It seems like crypto is the best thing in the world (I do not deny that tho  ;D), 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.


Title: Re: What about negatives of Crypto?
Post by: Master of Shitcoins on September 28, 2018, 11:08:23 PM
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.

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.


Title: Re: What about negatives of Crypto?
Post by: pavan@hosur on September 29, 2018, 09:07:41 AM
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.


Title: Re: What about negatives of Crypto?
Post by: annicketucufaw on September 29, 2018, 09:13:50 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.


Title: Re: What about negatives of Crypto?
Post by: Fedots83 on September 29, 2018, 10:20:13 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


Title: Re: What about negatives of Crypto?
Post by: masterfu678 on September 29, 2018, 11:30:12 AM
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


Title: Re: What about negatives of Crypto?
Post by: Indrawan77 on September 29, 2018, 11:46:19 AM
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


Title: Re: What about negatives of Crypto?
Post by: Milamol on September 29, 2018, 12:05:25 PM
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. ;D


Title: Re: What about negatives of Crypto?
Post by: starplaks on September 29, 2018, 12:09:36 PM
But in fact it is.  Cryptocurrency is our future, and security issues are temporary because the technology is relatively young and has to go through its process of becoming!


Title: Re: What about negatives of Crypto?
Post by: opv321 on September 29, 2018, 12:15:35 PM
Bitcoin goes to down day by day. But I believe in cryptos. For me this time is to invest more and more and just HODL for about one - two years.


Title: Re: What about negatives of Crypto?
Post by: jakiro.hovard on September 29, 2018, 12:20:41 PM
Of all the negative things you can meet today, only that people can work very actively with scammers who have already learned how to make websites that are very similar to real projects, I think that today we need to take this issue very seriously.


Title: Re: What about negatives of Crypto?
Post by: gegewojinnian18 on September 29, 2018, 12:27:01 PM
We don't "must" believe in encryption. You can choose not to believe it. There is nothing wrong with this. No one said that this is necessary. crypto is not yet mature, and there are more risks besides attacking, such as fraud and non-regulation. These are the challenges that crypto needs to overcome in the future. We just think that it will have a future, This is our own decision.


Title: Re: What about negatives of Crypto?
Post by: nurularesyi1995 on September 29, 2018, 12:32:07 PM
if in my opinion, another weakness of bitcoin is the very high fluctuations, even though the trade in bitcoin is very profitable, then it is very vulnerable to be stolen or hacked if you are not careful storing it on your PC / laptop. the last is a fee that is classified as large in small transactions, for example when you want to send 100,000 rupiahs, it can be half as much as you do, you don't know, Cheesy


Title: Re: What about negatives of Crypto?
Post by: kentrolla on September 29, 2018, 12:35:05 PM
Bitcoin goes to down day by day. But I believe in cryptos. For me this time is to invest more and more and just HODL for about one - two years.

It's not about hodling as we cannot do much if the bearish market continues and instead we need to analyze the crypto market everyday and make sure we sell at the price more than average and then buy at the market slump. But if you are a lot term investor and this is an risk investment then you can lock it for couple of years.


Title: Re: What about negatives of Crypto?
Post by: TelolettOm on September 29, 2018, 12:36:19 PM
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.
all the negative traits that you say are very difficult to avoid and this is the risk when we go into the crypto world. the unstable market is common to all of us. of course if fraud and hacking don't want to happen to us easily, we must always be careful, careful and keep focusing.


Title: Re: What about negatives of Crypto?
Post by: BigBrother on September 29, 2018, 01:28:08 PM
In general, the cryptocurrency does not carry any danger and negativity. All adverse consequences are created for themselves by people themselves. Because the crypt has its own characteristics, such as decentralization, anonymity, market volatility. And the safety and success of people depends on how they use crypto.


Title: Re: What about negatives of Crypto?
Post by: Twkasun52 on September 29, 2018, 01:29:05 PM
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



i saw lot of people saying it. Blockchain has bright-full future of course.But why not crypto currencies? i do not understand why people keep saying it.i am bit new to this field.


Title: Re: What about negatives of Crypto?
Post by: beezare on September 29, 2018, 01:38:18 PM
I think, the negative of the crypto currency is the price that is always changing and fluctuating so that it has a high risk because you can lose all your money


Title: Re: What about negatives of Crypto?
Post by: 67semih on September 29, 2018, 04:44:22 PM
I think some people find it complicated. So they dont invest in crypto markets. And also big price changings make people negative to crypto.


Title: Re: What about negatives of Crypto?
Post by: maldini on September 29, 2018, 04:53:11 PM
You will be easily fooled by a variety of large investments, of course, you can lose up to 50% when you wake up. But if you already understand all the negative impacts of crypto, this is certainly not a foreign thing and a problem for you


Title: Re: What about negatives of Crypto?
Post by: cattano on September 29, 2018, 04:58:26 PM
I think its not just crypto that has a negative side, another kind of project will also has a negative side.
But we can't that negative things making the way we do work in cryptocurrency to be loosen, that should be used as the strength to get the most of benefit from cryptocurrency.


Title: Re: What about negatives of Crypto?
Post by: allanr on September 29, 2018, 05:13:39 PM
everything has positive and negative, don't just crypto...

but one thing that is clearly negative / risk on the crypto side, that is its form.
crypto is digital, there is no physical form. can you imagine?
then the regulations / regulations in each average country do not have a clear legal basis for crypto's assets. even in some countries this is called illegal and prohibited.
this is according to my pov..


Title: Re: What about negatives of Crypto?
Post by: opalet on September 29, 2018, 07:12:24 PM
Before crypto our future to it it becomes necessary to undergo a lot more completions and improvements. It will be necessary to remove all shortcomings, also I think the quantity of coins many times over will be reduced. Now there is too much them, such quantity is not necessary.


Title: Re: What about negatives of Crypto?
Post by: GodsChosenVessel on September 29, 2018, 07:19:25 PM
There are so many negative sides of Crypto but let me mention one or two in my opinion:
Crypto is subjected to theft and hack if some private keys are not properly kept and also the value of Crypto might is not stable.


Title: Re: What about negatives of Crypto?
Post by: UnDerDoG81 on September 29, 2018, 07:30:46 PM
In cryptocurrency are still many bad points, I can tell you some of the most common cases such as:
- Swindled money to join trade groups by signal
- The ICO impersonates celebrities to scam investors
- Projects are slower than what they set out to lose trust from investors


Title: Re: What about negatives of Crypto?
Post by: doctordidi on September 29, 2018, 07:40:35 PM
the negative and positive side remains in crypto, I don't think just dicrypto, even in a job that we do everyday there is a negative and positive side, but we are not too strong to be patient, I am sure that blokchain technology is very good for the will come,


Title: Re: What about negatives of Crypto?
Post by: SkillOfToper on September 30, 2018, 07:43:09 PM
People who lost their money will tell a lot of dirty things about crypto so I don't listen them at all and continue my investments


Title: Re: What about negatives of Crypto?
Post by: Eric on September 30, 2018, 07:50:21 PM
I really cant find any negative side of blockchain. But if we are talking about crypto currencies there is some negative sides of it for example manipulations scam icos hacking issues etc. but we are human. we can create always negative things. that is not important. we need to focus about positive side of cryptocurrencies and blockchains.


Title: Re: What about negatives of Crypto?
Post by: CryptoGuro1 on September 30, 2018, 07:52:55 PM
I think the biggest drawback is the volatility in the space, It is not a safe means to store value at all.


Title: Re: What about negatives of Crypto?
Post by: MB2017 on September 30, 2018, 08:00:31 PM
The really good thing about the crypto but apart from that bad thing also. It's good we can protect our privacy and no one gets to know about us even gov also. But due to this anonymity chance of scam also increase and trust factor decrease. Like one bank or finance agency, they manage our all the things but out data open on the front of them. But here our data only we know but we have to do all that work my own. Here we have to ensure that we never trust anyone most of the time this factor lead to the downside.


Title: Re: What about negatives of Crypto?
Post by: ricardobs on October 01, 2018, 06:03:08 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 has a lot of disadvantages, I don’t even fancy it. I read a lot about the disadvantages of cryptocurrency and what it can be used to do and I just believe it will be better for the world if our monetary remains how it is. You said hacking – come to think of it, if everything is turned to cryptocurrency and hackers happened to find a way to be hacking every wallet and stealing the money in them, do you ever think of that? Apart from that, I have also heard and read stories of how ransom wares were requesting Bitcoin payments before the victim’s computer is freed. Really bad, let things be the way it is.


Title: Re: What about negatives of Crypto?
Post by: indobitcoin.tk on October 01, 2018, 06:08:36 AM
the market is the certainty. values that do not have the certainty or fluctuating this often makes the traps and many fall into this. reasonable even if many don't like the crypto because the value that is always up and down this is unclear because they do not get the appropriate expectations. This field will indeed produce but because there is a lot of risk in it is indeed quite a challenge if it can't handle it.


Title: Re: What about negatives of Crypto?
Post by: krenus on October 01, 2018, 04:51:43 PM
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 think that negative side of crypto is possibility for criminals to do their business undetected. and also it's connected with computers and we all know there can be accidents when electricity switches off


Title: Re: What about negatives of Crypto?
Post by: dicaprio on October 01, 2018, 04:54:21 PM
Over the past year, cryptocurrencies have probably become one of the most dangerous places where you can really lose all your money that you invested in cryptocurrencies, since cryptocurrency has been actively used by scammers today.


Title: Re: What about negatives of Crypto?
Post by: fb39ca4 on October 01, 2018, 06:31:15 PM
There are no things which can refuse the possitives of crypto when they can be used in many majors of the economy. However, I think the most negative of crypto is legal. if it can be accpepted by Governments, I believe it can support more and more for the development of economy


Title: Re: What about negatives of Crypto?
Post by: cryptolidus on October 01, 2018, 09:09:32 PM
The market is new relatively, small and unregulated . This causes many scamp projects, unethical behavior which is the
dark side of crypto. Crypto market is highly unpredictable and it is ok, but it can be manipulated as well due to the small volume.


Title: Re: What about negatives of Crypto?
Post by: Maximal-Ether on October 01, 2018, 09:20:29 PM
I constantly come across people with a negative attitude. But I try to avoid such personalities and their opinions. Therefore, I just pass by. And I'm only considered with experienced crypto-drivers. And also I listen to my own intuition and knowledge.


Title: Re: What about negatives of Crypto?
Post by: BitcoJ on October 01, 2018, 09:22:58 PM
Yes, there is one negative on every corner. It's disgusting. Guys, if you continue to work with this attitude. We will not earn anything. It is better to make decisions on reliable facts and reviews. And not so, from an empty place so much kipisha.


Title: Re: What about negatives of Crypto?
Post by: Rengga Jati on October 02, 2018, 02:55:44 PM
Well, let me think about this. Probably it is about the risks. The risks itself is mostly laying on the fluctuating market prices. We can see that the altcoins always have fluctuating prices, they are not stable. So, this is the most disadvantages of the crypto in my personal think.


Title: Re: What about negatives of Crypto?
Post by: evanesce on October 02, 2018, 02:58:17 PM
Crypto currencies price is not stable. I think that a lot of people, that bought crypto at the beginning of 2018, sold all their tokens at the beginning of the summer and will never come back. It is said, because with such a big volatility, we are losing a lot of new audience.


Title: Re: What about negatives of Crypto?
Post by: imopogicute on October 02, 2018, 03:10:04 PM
for me
the negative in the crypto is their long-standing value in the market. because those who need to sell tokens are no longer able to sell because they are losing money. so it's important that the crypto currency should have a high level of patency.


Title: Re: What about negatives of Crypto?
Post by: DisBITcus on October 02, 2018, 03:12:20 PM
I try to not pay attention to the negative. After all, a lot of people and opinions too. But if you listen to everyone, you will not build the future. Therefore, always try to avoid negative opinions and people.


Title: Re: What about negatives of Crypto?
Post by: yinoye on October 02, 2018, 07:14:14 PM
Cryptos like any other ventures has both the good and bad cases. If you are lucky to invest in the right projects at the right time, you can make good profits with some patience but the bad side is if you invest at the wrong time when the market is overbought, you are likely to suffer big loss.


Title: Re: What about negatives of Crypto?
Post by: Dmitry.Vastov on October 06, 2018, 02:46:03 PM
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?
We all know that as each coin has each sides, bitcoin inspite of having numerous of advantages too have some dark sides and one of the major dark side of bitcoin is its illegal use, as we all are aware with this fact that bitcoin is a decentralised crypto currency and thus there is no such proper authentic regulating body over the bitcoin who could keep eye over all the bitcoin activities and specifically the illegal one like it has been used in selling drugs, explosives, money laundering etc but the people needs to understand this thing that the illegal use of bitcoin could only be stopped when it will get legalised all over the world.


Title: Re: What about negatives of Crypto?
Post by: hackzang12 on October 06, 2018, 02:52:29 PM
Cryptos actually can give u a profit in the long term with it's tremendously hype and projects in the long run they can even give you a better life. But the negative part of it most of them are speculative investment. Price could change depends on,the holder of the coins. Most probably manipulated by whales.


Title: Re: What about negatives of Crypto?
Post by: vorfolomej96 on October 06, 2018, 03:06:27 PM
The price of a coin is responsible for all emotions. If high price that and good attitude. Now low price and therefore is a lot of negative around cryptocurrency.


Title: Re: What about negatives of Crypto?
Post by: wall101 on October 07, 2018, 02:46:51 PM
Ofcourse soon in the future will need cryptocurrency in our life to improve our self the technology of bitcoin and other cryptocurrencies.


Title: Re: What about negatives of Crypto?
Post by: joshv06 on October 07, 2018, 02:55:46 PM
Ofcourse soon in the future will need cryptocurrency in our life to improve our self the technology of bitcoin and other cryptocurrencies.

Already we got various altcoins with new technologies inbuilt in it to serve for the future but the adoption is a challenge as most of the countries are still skeptical about the legalization of cryptonand some are neutral and some are extremely hell bent to ban crypto without looking at its brighter side.


Title: Re: What about negatives of Crypto?
Post by: zhekinsp on October 07, 2018, 03:06:14 PM
I think the acceptace of the crypto is the biggest negativity of it because of its volatility,if that is consideed to be a curreny then the merchants don't want to take any kind of risk with volatile curreny so they aren't accepting yet and if one curreny adopted every people in this world then it will be impossible to use since cryptos have low transactions per second when compared to fiat money.


Title: Re: What about negatives of Crypto?
Post by: owlman on October 07, 2018, 03:16:29 PM
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 cryptocurrency market has its advantages and disadvantages. If you want to learn about the shortcomings, then I can highlight the following: Market instability; big risk when investing; the heightening of fraudsters, since big money is involved in this industry; the uncertainty of what will happen in the future.


Title: Re: What about negatives of Crypto?
Post by: mcgeil on October 07, 2018, 03:18:12 PM
Unable to return payment already sent.  The exchange rate is relatively unstable. There is always a threat of influence from the state and government bodies, even to a ban. With the increase in the number of mined coins, the mining process becomes complicated, because of which its profitability decreases.


Title: Re: What about negatives of Crypto?
Post by: Slash61 on October 07, 2018, 03:21:17 PM
The price of a coin is responsible for all emotions. If high price that and good attitude. Now low price and therefore is a lot of negative around cryptocurrency.
the reason you can't be strong because the decline happened immediately make negative news about crypto. negative news only for those who do not believe in the crypto, and it's natural surroundings just happen to know people who are not crypto. whereas for those who entered the community I think crypto decline that occurs does not cause negative news. all remain safe, as long as the market is still moving crypto, a value cryptocurrency there is still hope for a ride.


Title: Re: What about negatives of Crypto?
Post by: carlisle1 on October 07, 2018, 03:25:38 PM
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?
Stupidity..why looking for negativity when what we need is the positivity that may bring us to successful trading and gaining?

I dont know why noob spreads shits on the forum,thats why i like the idea i have read in meta that we must limit the thread provider from either member or full member UP before allowing to create a thread


Title: Re: What about negatives of Crypto?
Post by: Masha Me1 on October 07, 2018, 03:29:21 PM
And I will say this. If you want success and prosperity in the field of cryptocurrency. Negative sidestep. Just do not take close all not pleasant moments. They are already pursuing us in life. It is necessary to live fully and positively. Then you mentally attract success.


Title: Re: What about negatives of Crypto?
Post by: burdalen on October 07, 2018, 03:35:56 PM
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?

It seems to me that if the blockchain technology is used correctly, there will be no negative. But not everyone thinks the same way. Any good product has a bad use case. Alas.


Title: Re: What about negatives of Crypto?
Post by: Core.BUSTER on October 07, 2018, 03:39:19 PM
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?

Everything has its own negative side, but to be able to become a successful you should know to stay-a-side the negatives thoughts and focus to your goal. As I see the only negative here are the scammers. We all know that the prevention for scammers is our own knowledge and become wise to every decision we will take in cryptocurrency.


Title: Re: What about negatives of Crypto?
Post by: Kunlejoe0 on October 07, 2018, 03:51:37 PM
The only hindrance and challenge I see with cryptocurrency is the ability of many of cryptocurrency project out to carry their goals and objectives to term i.e making their cryptocurrency vision into reality. Technically speaking, anything is possible!


Title: Re: What about negatives of Crypto?
Post by: Nasonn on October 07, 2018, 04:01:07 PM
Negatives may be in the form of unforseen circumstances that might arise from investing in crypto like price fall, scammers and being hacked.


Title: Re: What about negatives of Crypto?
Post by: Huskarls on October 07, 2018, 04:39:04 PM
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 think only a few things that make Crypto look negative, but the saddest thing is that this happens repeatedly every year. there are only incidents that cause this negative to be created so that the effect is very large


Title: Re: What about negatives of Crypto?
Post by: #Bentley on October 07, 2018, 04:47:06 PM
No need to think about cryptocurrencies only as something very good and useful, about what makes a profit and turns the poor into the rich. Because very often the opposite is true. The rich become poor, and balanced people become paranoid.


Title: Re: What about negatives of Crypto?
Post by: maometano on October 07, 2018, 05:25:12 PM
I often hear many factors that make many people take advantage of advanced technology for their own sake and can harm others. as well as fraud and crime in a trade where crypto has been recognized worldwide for the exchange of digital money or trading products. Menurt me maybe that's the downside. while we are sure not to be discouraged by market conditions and projects that fail because crypto has many opportunities.


Title: Re: What about negatives of Crypto?
Post by: alex_kir on October 07, 2018, 05:28:35 PM
Today, I can single out just a few possible situations from all the negatives in cryptocurrencies, this is probably the ICO, which today is faked by many Scammer organizations, because I think that Scammer organizations do everything so professionally.


Title: Re: What about negatives of Crypto?
Post by: zininaks on October 07, 2018, 05:55:37 PM
Since January this year, the market has decreased by 70%, and the price has consolidated in the range of $ 6000 to $ 7000. In the first two months of 2018, Americans lost half a billion dollars, such data are contained in the report of the Federal trade Commission.


Title: Re: What about negatives of Crypto?
Post by: ay.postnov on October 07, 2018, 06:18:07 PM
I don't pay my attention to such rumors and other negative words about crypto. I know many people simply afraid to invest their money


Title: Re: What about negatives of Crypto?
Post by: seo-maestro on October 07, 2018, 06:20:42 PM
The main negative of Crypto for me is the price volatility because BTC price can drop from $20K to $6K during several months like it was in the beginning of 2018. And nobody knows what price will be in 2019 because it can be dumped to $5K or $3K and my savings will decrease.


Title: Re: What about negatives of Crypto?
Post by: notlasttrain on October 07, 2018, 06:23:01 PM
If you lost you money - what you will say after this? Of course something bad about crypto. So I am trying to stay away from such news and read only fact and no more rumors


Title: Re: What about negatives of Crypto?
Post by: wiak2 on October 10, 2018, 11:00:36 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, cryptocurrencies have both pros and cons and everything can not always be good and profitable. It seems to me that it is better to just stop paying attention to public opinion and try to move your own way. On another money did not succeed


Title: Re: What about negatives of Crypto?
Post by: TomInVa57 on October 10, 2018, 11:33:17 AM
I heard a lot of negativity when I first started working with cryptocurrency. But now it does not make any sense because in the end I earn, and those who tried to lead me astray and remain in place. Do not listen to anyone and do what you want