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Author Topic: Let's have a serious talk about high risks.  (Read 2132 times)
Jully Bells
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September 30, 2017, 03:58:00 PM
 #61

The rapid increase of bitcoin can cause an imbalance of supply and demand. At the same time, as the product of the algorithm, completely exchanged on the internet, bitcoin is the bait of cybercriminals. This currency is easy to "evaporate" when there are any trading fluctuations. This currency is also used in the underworld, where governments can not keep track of money laundering, prohibited purchases, and crime. And the biggest risk is that many central banks deny the value of the currency. Bitcoin will continue to grow, attracting investors because the profits that this virtual currency bring is very attractive. However, this is also the most risky currency.
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October 01, 2017, 10:26:37 PM
 #62

Sometimes a price crash is good for the market.It clears all the high risk players who trade only
for profits and don`t care about the cryptocurrency adoption.
Most of the cryptocurrencies(including bitcoin) are so small and have so much free space to grow.
Sooner or later the market will crash and it will clear all the shitty altcoins and keep the coins that have stability and big communities who support them.
Yes I agree. The price crash serves as the filter for those who care only about profit and those who don't. Only those who are dedicated to achieve some goal rather than profit will left and the others will be gone. Though its not bad to just carenabout profit, but that's not all that really matters. There many things to consider when it comes to crypto world. Crypto people should contribute something to the crypto world so that it will cherish for many days to come.

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