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Author Topic: What annoys or worries you most in crypto?  (Read 521 times)
cryptokangaroo (OP)
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October 25, 2017, 09:20:39 PM
 #1

What annoys or worries you most in crypto?
How do you think it could be eliminated and dealt away with?
dragons_are_secure
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October 25, 2017, 10:30:40 PM
 #2

Several new exploits of security are in the news: what worries me is that there are almost certainly more flaws in security that we've not yet uncovered.   I would wish for a world where we didn't have to spend so much time worrying about security, but the reality is can't just ignore the current set of flaws and pretend that they haven't been found.  Too many read the news and then don't react to patch their security issues.  I get concerned that a relatively modest risk gets greater over time without more active change to respond to an ongoing security threat.

I was probably most annoyed by the Equifax team: they should have been capable of responding to the patch issues quickly and professionally, instead of being responsible for such a large data leak.
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October 25, 2017, 11:07:45 PM
 #3

There are a lot of issues and problems that are on the crypto market, but which sector are you referring to? The most annoying issue that is happening right now is the security, a lot of bitcoin and crypto holders are being hacked easily because their wallets doesnt offer them too much protection.
And i hate those annoying emails that i get everyday on my email about pishing sites about blockchain and myetherwallet, they are disgusting... i dont know why some people is strill trying to hack holders by that way..

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swoolzze
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October 25, 2017, 11:58:00 PM
 #4

What annoys or worries you most in crypto?
How do you think it could be eliminated and dealt away with?


What annoys me and worries me in the crypto world are the scammers and hackers. I hope scams must be done and I hope there is no hackers that live by now to secure every privacy of people.
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October 26, 2017, 12:00:35 AM
 #5

And i hate those annoying emails that i get everyday on my email about pishing sites about blockchain and myetherwallet, they are disgusting... i dont know why some people is strill trying to hack holders by that way..


If hackers are sending thousands of emails (I believe they do) and if only 0.1% of people are clicking the infected link, in the end it is still big money for the bad guys.
You are right, those practices are disgusting. And what annoys me the most is it is always a very few guys that are doing the wrong things.
Most of the people involved in crypto are honnest, only a very few of them are not but their impact is huge.
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October 26, 2017, 12:22:18 AM
 #6

i get pretty annoyed knowing there are so many scams which are making people believe this is some kind of scheme or fad that'll wear off
and i get worried when i associate current movements in market value with the dotcom bubble crash, i guess we're all afraid of losing our money overnight

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October 26, 2017, 12:36:05 AM
 #7

I agree with what everyone has said so far. The crypto market is swarming with scammers and hackers. When you throw all the shoddy ICOs on top of it, a lot of crypto is really hostile to investors and enthusiasts. How can I convince other people to adopt when so many people get scammed out of funds? Not everyone is going to be a computer genius.
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October 26, 2017, 12:39:41 AM
 #8

the useless tokens that can be opened freely
there still should be some rules now since people ruining everything they touch :p
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October 26, 2017, 12:44:58 AM
 #9

For me also scams annoy me the most. Some of the scams are so obvious and it’s clear people don’t do their research. It seems like in crypto anything goes, all the risk is on the buyer. I think only some sort of either regulation or consumer protection insurance scheme can help solve those issues
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October 26, 2017, 12:52:24 AM
 #10

What worries or gives me trouble is the fact that myetherwallet cannot automatically add and load most new coins. I've signed up on multiple airdrops and bought ICO tokens and for each, i had to add a custom token.
This is not flexible. Can't they just automate this.
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October 26, 2017, 12:58:20 AM
 #11

What worries me is the political fight over Bitcoins future and the scalability of blockchain. That could seriously put a halt on crypto's growth or even set the entire market back a few years. Hopefully we don't get to that point and we can continue to grow moving forward Wink
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October 26, 2017, 02:13:22 AM
 #12

i agree with everyone above. Volatility of the market due to the amount of scams out there and the government regulations. Just the other day I saw someone offering to start your own ico for $95  Angry

Another thing would be the barrier to entry into the crypto world. I guess that can be a good or bad thing, but this needs to be easier so that it can be widely adopted.
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October 26, 2017, 05:39:53 AM
 #13

i think i am worried if the price is down because if its down, i can not make profit as i want. beside of the security of each coins, we should give some attention to secure our account in the exchanges and not only for the wallets which is the places we use to keep our coins. but i think every dev for each coins will prevent this as they don't want their coins is getting hacked and also the exchanges will do the best that they can to give safety places for their members. so the thing that might be makes me worried is when the price is down.

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October 26, 2017, 05:50:43 AM
 #14

What is worrisome for me in crypto currency is this issue of fork. The fact that anybody could just wake up and fork bitcoin into different coin or another chain is quite annoying. Bitcoin is doing fine and there is gradual acceptance of it all over the world. But people worries about duplications and what they think might be the outcome.

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October 26, 2017, 05:55:24 AM
 #15

First the amount of scammers and hackers and almost as annoying is the number of useless ICO's that are once again there to scam somebody in a number of cases. Some knowing they will never come close to being anything of value.
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October 26, 2017, 05:58:05 AM
 #16

What annoys or worries you most in crypto?
How do you think it could be eliminated and dealt away with?


I’m worried that the end of ICO will come because over used or abusing this kind of project by some/few scammers/developers. It is annoying to think that after all the trust that investors give for the project after investing they the team behind it gone and make a new scam again.

This can only be stop when we don’t support this kind of investment and started scammers thread.
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October 26, 2017, 06:18:25 AM
 #17

For me also scams annoy me the most. Some of the scams are so obvious and it’s clear people don’t do their research. It seems like in crypto anything goes, all the risk is on the buyer. I think only some sort of either regulation or consumer protection insurance scheme can help solve those issues

Same here, all of us hates this scam thing, you are right, regulations or rules to follow before launching ICO may help to lessen and eventually eliminate all the scammers here.

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October 26, 2017, 06:48:46 AM
 #18

The scams are going in almost every aspect of the life. In crypto it seems to be little easier. The real issue is greed. People want to invest a little without understanding the project or concept and hoping within a week that investment will get them a lambo.
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October 26, 2017, 06:53:09 AM
 #19

Most annoying thing in cryptocurrencies? It is of course rejected or cancelled transactions because of fee! It catches me unguarded and I really hate it. There should be some automation mechanism that adds more fee.

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October 26, 2017, 07:22:57 AM
 #20

Those scammers. They're the most annoying and what i worrying about. I receive several DM on my messages about their ongoing token sales. That's very suspicious because, why don't they post here so the public will be able to judge the project.? Also someone send me a phishing link. He almost got me. But it's not that serious because he just want to trace me. But he failed, because im using VPN. He can't trace what's my exact location. Anyway, be careful to those members here who just sending you some links. This is the reason why many accounts here are being stole.

Scammers now are already in the ICOs. So be careful what ICOs you want to join. Investigate their backgrounds to check if they are reputable ane trustworthy. Scam ICO gets millions of dollars from their investors everyday. That's why i can't blame other countries are now prohibit their citizens to participate in this kind of investment.
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