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Author Topic: The danger of the cyptocurrencies  (Read 45144 times)
ZlaiaZaia
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January 10, 2017, 06:24:28 PM
 #501

The danger bitchoin temporarily many scams online arena in because there is no guarantee for the investors for the time being all the investment needed for the guarantee of the investors
You are right that is why if you want make investing your real money on bitcoin, you must be sure you are ready for lost in it.
As you said there are no guarantee making investment into bitcoins and you must remember bitcoin is not stocks that there are guarantee from government, but everything related investment always there is risk into them.

Emotions investment it will inevitably be bankruptcy and lose all of it
Well what is kinds of investments related bitcoin? Are there trading, cloud mining, hyip or other. You don't give me the details how can emotions investment will be bankrup.
And i think it is more dangerous of investment than the danger of the cryptocurrency.
Can we worry about their affairs during the investment and trade on the Internet. There are many scams that are easy to pick up my bitcoin. How to do better.
one-day0
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January 10, 2017, 06:57:49 PM
 #502

I understand that an increase in capacity capable of generating cryptocurrency were only the owners of special equipment, but small miners will not be profitable this business. But I'm more interested in those who can crack and get information.
ethereumhunter
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January 10, 2017, 06:58:20 PM
 #503

The government should have a private rule for cryptocurrencies so it can secure for investors.
Actually there are not any dangers of cryptocurrencies and we are in the digital world. We need them to solve all payments in this digital world.

i think what the government wants from bitcoin is how they can take a tax from people which is using bitcoin in every day and for the rule, i think the government will make a rule for this if they see that the opportunity to make a tax for people is come and they will use their power to make a regulations for the bitcoin user.

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BillyBobZorton
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January 10, 2017, 07:01:01 PM
 #504

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


There will always be scammers in bitcoin and in any other currency in the planet, crypto or fiat... you can never stop scammers, you can only educate people to become intelligent enough so that they stop falling for it. You can never make the world a perfect place but you can harden yourself for the adversities out there.
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January 10, 2017, 07:21:24 PM
 #505

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


There will always be scammers in bitcoin and in any other currency in the planet, crypto or fiat... you can never stop scammers, you can only educate people to become intelligent enough so that they stop falling for it. You can never make the world a perfect place but you can harden yourself for the adversities out there.
I think that the scammers are not the most recent risk for bitcoin users. Very often we can expect and the authorities where you live, if officially bitcoin not recognize and deal with cryptocurrency is a criminal offense.
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January 25, 2017, 07:54:56 PM
 #506

The fact is that bitcoin does not allow a legal way to solve the user's problem. On the one hand it prevents a good argument, that anonymity, and on the other the possibility of losing everything and not be able to get back something.
Tanic
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January 25, 2017, 07:58:24 PM
 #507

Cashless world is not the utopia as I think. That the real future of all the world. Of course it will not come tomorrow or in couple of years, but I really believe that the day will come when paper money will go in the history. And here it's not the point how many dollars bitcoin will cost. Everything depends from the future. Now 10 000$ is huge money, but who knows what kind of money will be in the future?!
sourris01
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January 25, 2017, 08:23:55 PM
 #508

Cashless world is not the utopia as I think. That the real future of all the world. Of course it will not come tomorrow or in couple of years, but I really believe that the day will come when paper money will go in the history. And here it's not the point how many dollars bitcoin will cost. Everything depends from the future. Now 10 000$ is huge money, but who knows what kind of money will be in the future?!
Cashless payment is a form of calculation between individuals, businesses and so on, but it is money in digital format is in my opinion quite another matter. Bitcoin strong push to the front, but in a digital format, and enjoy other currencies. So we can not predict what will happen in ten years and what will be more important than the dollar or bitcoin
moonya
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January 25, 2017, 08:43:55 PM
 #509

In the modern world for a lot of money can be very dangerous as to their owner. But the fact that Bitcoin is not a simple currency and it is not generally recognized as the official currency. Therein lies the danger for the owner. After all, there are countries where there is even a criminal prosecution for the use of trade cryptocurrency.
berserkinterbuy
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January 25, 2017, 09:05:33 PM
 #510

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


There will always be scammers in bitcoin and in any other currency in the planet, crypto or fiat... you can never stop scammers, you can only educate people to become intelligent enough so that they stop falling for it. You can never make the world a perfect place but you can harden yourself for the adversities out there.
If drug traffickers or weapons will not use cryptocurrency for their remittances, I think other hazards do not need to wait for cryptocurrency. It's everything else will be resolved positively.
eduaro66
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January 25, 2017, 09:28:55 PM
 #511

The government should have a private rule for cryptocurrencies so it can secure for investors.
Actually there are not any dangers of cryptocurrencies and we are in the digital world. We need them to solve all payments in this digital world.

i think what the government wants from bitcoin is how they can take a tax from people which is using bitcoin in every day and for the rule, i think the government will make a rule for this if they see that the opportunity to make a tax for people is come and they will use their power to make a regulations for the bitcoin user.
From Legend goes that only the government of our countries can be expected to cryptocurrency danger. And the first thing that one can expect the bad, it is an attempt to control the bitcoin and other currencies. But how? I think that it is not for nothing now many banking systems are tested for their capacity Blockchain technology.
soros017
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January 25, 2017, 09:55:24 PM
 #512

The government should have a private rule for cryptocurrencies so it can secure for investors.
Actually there are not any dangers of cryptocurrencies and we are in the digital world. We need them to solve all payments in this digital world.

i think what the government wants from bitcoin is how they can take a tax from people which is using bitcoin in every day and for the rule, i think the government will make a rule for this if they see that the opportunity to make a tax for people is come and they will use their power to make a regulations for the bitcoin user.
I once saw a specialist in blockchain technologies comment that if governments wanted, they could create a public wallet for every person living in their countries. In this way, governments would be able to collect taxes more easily, because in that case they would know who the owners of the wallets were, and the information could be consulted more transparently through the blockchain.

I think the risk to governments is that people would get to know Bitcoin and its different features, and that way they could create other wallets to stay out of the domain of governments.
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January 26, 2017, 01:16:45 AM
 #513

I think it is harmless, but it's one opportunity to amend the traditional money to a better system. We all know that money traditionally had many flaws, one of which is easily forged, when that happens the country certainly will be created with.
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January 26, 2017, 01:21:04 AM
 #514

I once saw a specialist in blockchain technologies comment that if governments wanted, they could create a public wallet for every person living in their countries. In this way, governments would be able to collect taxes more easily, because in that case they would know who the owners of the wallets were, and the information could be consulted more transparently through the blockchain.

I think the risk to governments is that people would get to know Bitcoin and its different features, and that way they could create other wallets to stay out of the domain of governments.
You are talking about creation of national cryptocurrency. This is something we should be very afraid of. It will be path to hell for everyone.
Government will own you, authorities will know what you do, what you buy, where you go and with whom. It will be Big Brother's paradise.
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January 26, 2017, 01:40:57 AM
 #515

I  am not really scared from any cryptocurrencies because I think that some politicians will bring a law which will not give access to bitcoin or any other crypto to make a fiat worthless or a gold.Some countries already banned bitcoin,some countries can also bann bitcoin if they see that bitcoin can deystroy fiat tottaly.I am not sure in theory that bitcoin will even worth more than 5000$ or any other cryptocurrency because bitcoin price growing speed is decreased really much so because of that I  have prediction like that.I want bitcon worth more than 50.000,00$ later even 10.000,00$ can be enought but that will not happent what we can also see from coincapmarket site where everybody can see also price moving in % ,market cap and other things important for crypto market.
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January 26, 2017, 02:07:26 AM
 #516

I  am not really scared from any cryptocurrencies because I think that some politicians will bring a law which will not give access to bitcoin
Technically, you will keep on accessing and using bitcoins even your government will impose any restrictions. Person to person dealing of bitcoin is beyond the reach of government law. So, please come out of your fears.

some countries can also bann bitcoin if they see that bitcoin can deystroy fiat tottaly.
Some governments are emphasizing the importance of adopting digital economy. India is one good recent example. So, some government itself already has started destroying fiats. 90% of fiat usage will get replaced for sure.

bitcoin price growing speed is decreased really much
It is highly dependent on adoption rate. If you spread bitcoin, it will have price appreciations quicker. So, it can not be a danger. Always slow and steady is preferred than rapid growth.
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January 26, 2017, 02:26:00 AM
 #517

I once saw a specialist in blockchain technologies comment that if governments wanted, they could create a public wallet for every person living in their countries. In this way, governments would be able to collect taxes more easily, because in that case they would know who the owners of the wallets were, and the information could be consulted more transparently through the blockchain.

I think the risk to governments is that people would get to know Bitcoin and its different features, and that way they could create other wallets to stay out of the domain of governments.
You are talking about creation of national cryptocurrency. This is something we should be very afraid of. It will be path to hell for everyone.
Government will own you, authorities will know what you do, what you buy, where you go and with whom. It will be Big Brother's paradise.
there is a sci-fi movie narrate about how a government create their own cryptocurrency version , everybody and you may know mr. robot tv series right? US government have created E coins with Phillip Price (E Corps) as a rulers.

a centralized cryptocurrency will be the worst idea ever.

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January 26, 2017, 03:27:19 AM
 #518

Crypto currencies are a new tool and as any tool they will bring new solutions and new problems, however I think, the net benefits of crypto currencies outweigh any kind of cost we incur for using them.
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January 26, 2017, 03:37:53 AM
 #519

there is a sci-fi movie narrate about how a government create their own cryptocurrency version , everybody and you may know mr. robot tv series right? US government have created E coins with Phillip Price (E Corps) as a rulers.

a centralized cryptocurrency will be the worst idea ever.
That future might be closer than we think. There was news about Sweden, they want to become first cashless society.
In next 5 years they might remove standard banknotes. Even Swedish churches expect internet payments.

https://www.theguardian.com/business/2016/jun/04/sweden-cashless-society-cards-phone-apps-leading-europe
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January 26, 2017, 06:35:08 AM
 #520

I once saw a specialist in blockchain technologies comment that if governments wanted, they could create a public wallet for every person living in their countries. In this way, governments would be able to collect taxes more easily, because in that case they would know who the owners of the wallets were, and the information could be consulted more transparently through the blockchain.

I think the risk to governments is that people would get to know Bitcoin and its different features, and that way they could create other wallets to stay out of the domain of governments.
You are talking about creation of national cryptocurrency. This is something we should be very afraid of. It will be path to hell for everyone.
Government will own you, authorities will know what you do, what you buy, where you go and with whom. It will be Big Brother's paradise.
but we are already own by the government where we live. we have to follow the rules and regulation of a country where we are, and the government will never let your free, out of their control and therefore they will be thinking about to create their own crypto currency and fulfill the need of the modern time. in this way they will not let their people out of their control. but still no such crypto currency can be compare to bitcoin.
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