Bitcoin Forum

The majority of experts are sure that crypto is a new technology that doesn’t have enough  minuses to be killed with outside influencers. But I consider that there are a lot of dangers for crypto that could make problems and these are: so high popularity of crypto that takes great investments; anonymity of crypto opens new doors for doings; crypto takes a lot of time of work, etc. And these reasons are very important to be ignored, it could be enough to kill crypto with governments. Don’t you think so? Or maybe you have another variants, let’s discuss this .

I think that it is true that there might be a lot of dangers for crypto, but with the will to succeed, and grow, all of these can be handled. I don't think many of these aforementioned problems are something to be troubled about.

Crypto won't be killed easily.

The dangers that's connected to crypto are the investment schemes that aims to scam people, new investors and other inexperience crypto folks. But all in all, crypto is giving more advantage and opportunity rather than those negative things.

Crypto is not in danger or will not be in danger we that we doing investing in crypto are the problem and we are the one causing danger in cryptocurrency

True and very well said. People do presume things too much believing that those scenario would easily happen with crypto.Lets say that those things are existing but it doesnt really mean that it can be easily killed.
If we do look at on how many times or attempts which crypto is trying to be blocked or opposed but still they do end up on failing. Cryptography is a very good innovation which do really give advantage but most government do really see it on other way.

Most of these schemes will be linked to ponzi as a part of scam strategies of those fraudsters. The most prone of this kind of problems was those people who always loved to invest with ICO projects, that doesn't have concrete evidences of legitimacy of project platforms.

In my personal observation there are two variants,  first one is the issues of fake ICOs everywhere which is frustrating the entire system and as such is a minus and secondly government regulations can be toxic to crypto, some countries are legislating against crypto but the more governments and corporate world integrating into cryptocurrency by seeing it from a positive perspective

If they are reading the forum, there are too many warnings about those scams.

That's dangerous for the newbies if they conduct research on what they are investing. A lot of ICO frauds are there and if no one would ever bust them out, they will continue to operate but this community is very helpful and has a lot of people who are working for free to help the community.

I agree if cryptocurrency can be killed by government, but it only happens if all governments in the world ban all activities ralated to cryptocurrency. However, it seem unlikely to happen because not all governments in the world ban it. Some countries have accepted crypto and utilized it for many purposes. So, it means the governments in some countries support the development of crypto and they are aware about the potential advantage of crypto.

cryptocurrency is a dangerous world itself and i think taht people will suffer from it but it does not mean tht it should be forbidden

the main dangers for crypto are any types of regulation and cartels (people who have the majority of tokens and manipulate markets)
these are main dangers of crypto markets. free crypto!

Regulation's definitely going to hurt crypto in some ways, but I doubt it's going to completely kill crypto. The point someone made earlier about not all countries banning crypto's correct in my eyes, and there'll likely always be a way to transact and use cryptocurrency no matter how hard governments try to prevent it. We'll adapt to whatever is thrown at us, and with the talented programmers and loyal users of crypto in this world, it'll be difficult to completely eradicate crypto.

everything you say is correct, but if all these reasons could kill crypto, then crypto had been dead and the crypto would not survive until today.

I had few things i've seen that cause of dangers for crypto which is changing the rules and regulations who are willing to involve in crypto currency or making you an investment in different ICOs and you pick the scam ICOs which is really danger.

Crypto will not be killed, except by people who attach importance to the interests of individuals and groups that damage the crypto itself through fake ICOs or fraud. The government does not accept crypto and does not want to legalize it. Crypto growth is very fast and popular in the community. Crypto remains alive today because of users who believe in crypto.

That's just a bad part of the Crypto market. we should aim to invest in the future of blockchain technology. Now there are so many things that make the Crypto market impossible to grow vigorously that is fraud and anonymity in many transactions. But we all look forward to a beautiful future, maintaining positive trust, which will help a lot for the Crypto market.

All these factors will become harmless if people continue to use crypto and bitcoin as part of theri lives.
Governments will not be denying bitcoin for any reason as cryptocurrency could be an advancement to help an economy have better financial technologies and it offers more jobs.

Why do you think crypto takes a lot of time and work, in which regard?
and sorry what do you mean by minuses in this context, are you saying it relies on outside influencers?

things are indeed very dangerous for crypto. with the growing number of competition going on. the more types of coins. It will be very visible crypto is able to survive, with the crypto is indeed very weak.

I think crypto is not a threat or danger, and moreover crypto won't be that easy to kill.
I think crypto will survive for the future, because future payment instruments will use crypto. we only need to wait for it until everyone knows its potential and usefulness.
Moreover, the use of crypto continues to increase every year, showing that the interest of people in crypto continues to grow.

Yes, I agree with you that crypto is not a threat or something bad and I am sure that crypto will develop better in the future and more and more widely known and certainly for the future the government will apply appropriate rules so that crypto is not misused and still beneficial for all

I'll call it an Adoption

Basically those regulations would make a major Shift unto Crypto World

It only means people in the government are now turning their heads on this financial disruptions

I see it in a more positive insight

We will see crypto currencies as legal in the world

Looking on how the technology growth, that will be followed with the utilization of altcoin. Perhaps in the future, people will be liking on altcoin even more than regular currency.

Even though all over the countries ban cryptocurrency, I still confident cryptocurrency will still be there, cryptocurrency will not die. This is a function of the decentralized system, and the internet network will help cryptocurrency remain. Unlike the centralization system, if there is a kind of prohibition or even boycotting from some parties the system will not work. Look at the country that has banned cryptocurrency, are they cannot acces to their wallet? I guess they were still can acces it.

This is the future of digital currency and is now becoming very popular among the public. I am also very interested in investing in crypto. And I also don't think that Crypto is dangerous and I think in this case the Government also can not prohibit the person from accessing the crypto. I'm confident with the future of crypto is very nice.

Unless the government around the world prohibits passwords. Only then will this market completely collapse. But this will not happen. there are certain barriers. But instead of removing it, they will have their own rules to meet the needs of everyone. Instead of banning all people from using cryptocurrency

in case crypto will become a real obstacle for governments it will be removed, i am sure. as you have mentioned, it opens the doors for all kind of things, not only positive

all things must have problems, of course crypto must also have obstacles and obstacles to remain popular. Examples include government regulations and banking policies of a country. In fact there are countries that prohibit. But crypto is already global. It will continue to grow in every gapplace and time available.

That is true if cryptocurrency posses danger and also benefit. The benefit would be we could used it as one of many kind of investment and we'll be able to get profit from it. The danger side would be the the anonymity, it can be used by a bad people to cheat on another.

The success of crypto is connected with its adoption. Thus, the trust of the people is the most important factor. They have to be well informed about pluses and minuses of them and actually understand their purpose. Plus, we should tell them that cash is used to find terrorist and not crypto as cash is untraceable ;). Regulations can make some complications, but in the worst times of the history states could not handle people’s desires. If a moment like this happens, governments will not be able to stop unkillable blockchain systems. In the long run, there is almost no chance that crypto/blockchain solutions will not be implemented. We should full our bags before it  ;D.

I think that developers themselves can kill crypto, their behavior, failure to compulsory road map, fraud, bad image, etc. If the blockchain is an innovative technology that has a great future, then crypto is digital money that isn't confirmed by anything. Therefore, cryptocurrencies can appear and disappear in any number.

There is one significant disadvantage. These are quantum computers. But they are not yet available. As a problem to decide in the future I do not know .... Now the main problem of crypto currency is the scale and inattention of users.

I think that if cryptography has any significant drawbacks, then we would have learned about this for a long time. More than seven years have passed since Bitcoin first appeared. During this time, all the shortcomings had to be found.

Yeh, I think that so many peple can kill for example bitcoin. If Mt.Gox sells all bitcoins the price will be less than 1000$. But if the biggest holders of bitcoin sell bitcoin I think the price will be only hundreds of dollars.

I'm not sure about what the author meant. Whose time? Whose work? Do you mean the system needs improvements or do you waste much of your time in crypto?

in other words, crypto is global and it is clear that the government has estimated crypto activities with the advancement of the current technological era. in my opinion the risks and benefits outweigh the benefits of my experience and the team that is more careful in investing in crypto. the biggest problem is the market and ourselves with the lack of knowledge of the right way and time to sell and buy.

Blockchain is our future. Already in 2020, we are waiting for serious changes. It remains to wait a little.

I think if the governments wanted, they would have done everything possible to crush bitcoin long ago. Perhaps 100% of them couldn't make it, but to hurt and to dump the price  - for sure .And what i'm seeing now is all the steps towards, basically. People in public positions are people too ,they want to earn money and see such opportunities in cryptocurrencies.

Maybe you are seeing it only from one view,as investment,asset .But it´s currency,digital one.And yes,governments and regulations are one of the problems.But maybe they can help with some kind of regulation against scam and fraud.

Risks and not danger is present in cryptocurrency, just the way we have it in stock market,forex trading and the general buying and selling business, to minimize the "dangers" in cryptocurrency, there must b a strict regulation /policy formation that will tame scammers / hackers and fake ICO developers from taking over the space.

It's true, there are many difficulties and nuances in this area. You need to have knowledge and a certain character to succeed. And also it takes a long time to analyze projects, coins and trend

I think the biggest risk about crypto when people begin to believe that government are watching for thier money in this market.

I want to add here that here is a lot of people who manipulate with minds and making wrong statements about market condition for their purpose!

Crypto has survived a lot of downs and I doubt anything will be able to kill crypto not in the nearest future. The belief of people plays a major role and it's obvious people believe in crypto and they will do everything to fight against outside negative influence.

Well, those are reasonable points you made here but i believe there are standards that the governments are bringing up to cob those faults you mentioned above e.g. SEC, also, there are projects which are coming up now which are profering adequate solutions to some loop holes to the formal blockchains

Danger is there in everything, Yes crypto has more compare to other things as its decentralized, also they are prone to Hacks, and no to take care if some thing goes wrong, everything would be lost. but this also makes people to accept it and get good returns from the market, some countries banning crypto and so the future on this is volatile but may be slowly countries ll come forward and start accepting crypto and blockchain technology

Eventually, nothing can lead crypto in danger but yeah no doubt misuse of crypto increase for many things. Common this to scam someone just for money and money  :o

The most important problem is the unpredictability of the market. It used to be possible to draw diagrams. Now nothing is covering. Investors are withdrawing.

To kill crypto is not so easy. It is not regulated by anyone, no one has levers of influence on it. The crypt will die if absolutely all people stop using it, stop making deals with it. But that's not going to happen.

Of course there are some dangers associated with cryptos just like every other investments. It's just that cryptos being still new can possess more dangers than the rest due to higher volatility and legal issues. But it will pass through the tests of time and be successful

Danger for crypto are investors who are spreading FUD when they lose their investment. Many of them enter the market
and not willing to learn and just want to become rich in short period. When they get disappointed many of them get negative
about crypto.

There is nothing dangerous, in my opinion, we should not focus on holding, buy in and wait for the opportunity, the price of growth should we sell them, because now to make a profit from holding Long term is very difficult

Yes, I agree with you for this. At present Bitcoin is very strong affecting its community in this world. With the presence of Bitcoin, this is a new breakthrough for the payment of digital money and in the future, bitcoin will become a legitimate currency for the future. I see that every year the price of Bitcoin continues to increase. So I think there is no need to be afraid of holding Bitcoin, because Bitcoin is very good track record of the past too.

I think Crypto is difficult to stop or kill, and Crypto will continue to advance
even though the rules for the rule are increasing from the government side, but the increasing number of crypto world lovers and current technological advances will actually add crypto reinforcement, of course. easy to use the fans

it is true that crypto takes a lot of time of work but have you seen a company or business created overnight? it usually takes a lots of planning and time. crypto will have stable foundation if it gone through many problems and overcome it.

No matter what the detractors of crypto currency will say or do they just can't kill crypto since it is gaining ground and community support. They can regulate it but not kill. Blockchain technology is so helpful that it could be used even in government transactions to avoid corruption.

Crypto already spread worldwide, meaning it cannot be stop easily, even governments from different countries are starting to stop crypto but in the end of the day, the number of crypto and the usage/volume of it is still growing fast.

I don't think that "crypto takes a lot of time of work". Of course we have to put some effort especially when we were starting but I don't consider it a lot of time. Instead, being in crypto could be an easiest way of earning.

I think it's not just crypto that has dangerous side, any kind will also has it's own danger.
So anything has risk, so whether or not we are dare to take that risk to be success. That is what makes crypto keep on surviving cause there are many people who dare to take that risk to gain success in the future.

indeed exactly what you tell them. I also feel that crypto has myriad threats. but all the possibilities that we can be minimized with we are careful in conducting activities with crypto.

Crypto is actually not dangerous, but if the user who takes actions that are detrimental to crypto will be one of the tools used for criminal acts.
Crypto has been widespread and has many communities that are easy for people to do dangerous actions.
Whereas crypto has benefits and has the ease of accessing our finances, it must remain cautious and alert so that our crypto remains secure.

Well if you think it as danger then it is danger, scary, risky and all. Those who invested in cryptocurrency before few years are millionaires today they never thought about this and they got the fruit. This wonderful technology is unique also you need to research on your own to safeguard yourself. Yes most of the ICO's are scammers you need to be aware of this too.

governments are hesitant to adopt crypto but they absolutely love blockchains.  banks also do.  its just they want to study this new technology and master it so they can have control ovet time.

kill crypto is not possible because of the growing presence of crypto. request and it makes it grow and there is no influence or role of a country. but the danger, in this case, is because of the many scams that occur in crypto and also the clear existence of fluctuations. This becomes the greatest risks and impediments in the crypto that could make the danger when it could not master the crypto entirely.

There's always a risk when it come's to investments, if there is no risk then theres no reason not to invest and always get a good profit.


Danger is there all the time but I dont believe that goverments can kill it when the community believe and will fight for it.

i think crypto is fully safe. also the G20 countries support crypto. mainly USA, japan. south korea, russia, dubai support crypto. those are bigger economies in this world. so i think now we need to focus on making crypto better for our lives and get the maximum advantage of that technology

I do not think it can affect the government much. If it affects government finances, the SEC and Justice Department will take the lead. But it has been operating for almost 10 years and governments have not made such allegations. So I think it does not affect much and you should not be too worried.

Indeed all of these things make people worry, but we know that crypto has been running for a long time and some countries have accepted and become the place for developers to develop their projects there. I think this is good, automatically the project can absorb its human resources or the local community and there are many positive aspects or income that can be received by the state itself.

knowledge and experience in the world of crypto will make us become more skilled at seeing opportunities, including investing in crypto, to get profits, and avoid losses

Yes, crypto is becoming viral and to those who have not known much about it, they may have negative impression about it, especially when they couldn't believed it could produce such great income.
Even for the income, it has become a threat to many who has always thought it I'd internet scam.
And has thereby been facing a lot of threat to be killed.

It is not necessary to make big investments as you can whatever you want in crypto as the cryptocurrencies are divided into so many units. You can even invest about $1 but then you know it's not worth it.

Those "Doings" happen anyway whether or not crypto is there or not. Hackers/Scammers eventually find a way.
Although I accept that cryptocurrency acts as a catalyst to them for these things now.

Obviously it would and it should. It is not a get rich quick scheme  ;D .

The fact is crypto is made due to fiat limitation, crypto existence aims to make human life easier and simpler.

I believe that cryptocurrency can be dangerous. Because where there is money there is fraud there can be dangerous.

Thats right, because what the government says is that bitcoin is dangerous is not true, precisely from the prohibition rules that the government applies, making many people know bitcoin and actually interested in using bitcoin, the development of bitcoin will not be stopped even with the issue the Dangers of crypto investment

Crypto is very dangerous but if you do what is necessary the danger will be minimized however crypto is just like any investment risk factor will still be there no matter how much work you do.

Blockchain is the future development direction, and it is still unstable. The truly valuable cryptocurrency will mature gradually after being approved by the market.

The policies of governments of various States can seriously undermine the prevalence of cryptocurrencies. But this does not mean that cryptocurrencies will be completely destroyed. I don't think it will happen.

If fiat has a limited function, I guess cryptocurrency will be popular and has even been accepted by many countries. The function of money fiat is perfect and is still used comfortably by many people, so they do not need cryptocurrency to be used in their lives. Just like now, if money fiat doesn't work properly I won't be able to exchange money from crypto's to money fiat.

People will only get in danger if they don't know how to avoid risks. Even there are a lot of risks and scams, it is our responsibility to know which is a fraud or not. The transactions may be public but it doesn't matter because you are still anonymous in the blockchain.

What are you going on about op? This topic has been discussed many times from a long time back and almost everyone realizes that crypto is here to stay which is why I don't get why you are trying to spread more tension in this bear market.

Do your research and you will realize that cryptocurrencies cannot be destroyed by the government. If they could, how do they continue to survive even after all the FBI crackdowns, government bans etc?

The truth is that the popular cryptocurrencies like Bitcoin, Ethereum, Ripple, Litecoin, Stellar, NEO etc will continue to survive over a long period of time while the less popular altcoins which are not being developed regularly will most likely disappear.

Crypto is always in dangerous situations involved,becose of big illegal money circulation,many major country is ban crypto they cant control whole crypto market!We need some crypto regulations and i think after will be ok..

I think that investing in cryptocurrencies, risks and benefits coexist.

The dangers of crypto are only for people who don't want to learn more about crypto because they cannot get any benefits from the crypto itself. I think many people still want to learn so they can prevent or at least they can avoid the bad things that will happen in the crypto. We need to know the news about the crypto so we can think what next we need to do and we can solve every problem that we might see in the future. I don't think that if one person said the dangers of crypto, it would impact all people because we have in the same boat. We have a different way to learn crypto, and it is our job to get the knowledge of crypto that will give benefits to us.

Cryptos surely have benefits for both early and new investors but we must be aware of the dangers or risks too. There are always two sides  to every investment type. Normally, the higher the profit potential, the higher the risks involved and you should be adequately informed and prepared for it.

The biggest danger that cryptocurrency face are weak hands in my own opinion. The fact that there are a lot of persons in the system who have little faith in it, and will go running out once there is a situation that is not favorable to them is something to be bothered about. The crypto industry needs people who are patient, and have complete/total trust in it.

Crypto is trying to become independent. It is its main danger that could lead a lot of bad problems because giant don't like something independent with lack of bringing money to them.

There are a lot of dangers for crypto currencies in todays world. All governments can simply ban using crypto and this would be it. But crypto opens the doors for the criminal world as well. So there are dangers for crypto and I hope countries would not ban it forever.

Cryptocurrency is danger and opportunity.
You can't rely your whole future in crypto.
You should manage to have your move and way how to get the future of success.

Lack of investments and governmemts' tryings to close crypto for everyone. But crypto has become quite universal and it has just changed our world and it could not be denied.

What you said make me believe you dont worth the person that should be in cryptocurrency community or sphere. Are you saying there no criminals before the existence of cryptocurrency? Then why did say cryptocurrency opens doors for criminal world when the US government were able to track those that illegal drug using crypto currency.

Nobody can exclude the real danger. For example, what if crypto trading will be punished deadly? what will you do?

Perhaps you are right and cryptocurrency can be really dangerous, but I think that with the development of this technology, it can be made more secure!

I think that everything is in order with cryptocurrencies. Last year prices were the same. I think next year will be growth.

There are many countries that are banned from crypto because of the many scam projects, of course the countries that are banned from crypto think that there is no benefit to improving the economic system, let alone decentralization is something that cannot be allowed freely because it can threaten the country's economy.

Besides crypto is indeed promising however it is, in fact, crypto is indeed a dangerous thing. This makes the reason there are still many countries that are reluctant to make crypto is legal for their country as it can be detrimental. the transaction from being misused for fear of crypto stuff undue can trigger unwanted things. So whether it's a detriment or promises will depend on usage.

Crypto problem is competition, crypto comes with all the ease. we need to emphasize here, crypto does not compete, but crypto is present to accompany other currencies. the government needs a long process to understand crypto as a good transaction to accompany.