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Author Topic: is crypto industry dangerous ?  (Read 5752 times)
shooleh
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May 02, 2018, 05:27:09 AM
 #121

All we do is sure there will be a risk. Including when entering into the world of Cryptocurrency, and cryptocurrency this be our work. Of course, there is also a greater risk. But all we're working on including the world Cryptocurrency this we can reduce the risks as long as we have always been careful in determining decisions.


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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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May 02, 2018, 05:30:03 AM
 #122

crypto currencies are still new in people's world. and in some periods the prices change rapidly as the balances change. in these cases investors began to think that the crypto money industry was in danger. But such a situation is impossible.
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May 02, 2018, 05:33:14 AM
 #123

i want to know what makes the cryprto dangerous?
It's volatility is dangerous for someone that just invested without any knowledge and overheard that it's profitable to invest on crypto without doing his own research.

to the point that many countries band the use of crypto in their countries. I want to hear your opinion
A country that bans crypto sees threat to their economy if they won't recognize it as something useful to be a medium of payment.
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May 02, 2018, 05:34:07 AM
 #124

As dangerous as any investment. You need to check everything super precisely, thats it.
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May 02, 2018, 05:48:36 AM
 #125

i want to know what makes the cryprto dangerous? to the point that many countries band the use of crypto in their countries. I want to hear your opinion


Why? Are you conducting a study or are you just spamming the forum with meaningless topics?
With a simple search, you can find at least 5 similar topics you can do your research on.

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May 02, 2018, 06:20:36 AM
 #126

no it is not dangerous but the one that is dangerous is the people using it. for example a knife in the hands of a chief and he/she used it for cooking and the other a knife in the hands of a killer he used it in bad things. you see good and bad and it depends on the people using it. many cryptocurrency are anonymous and some/many used it for illegal activities and government have no ways to follow them so maybe their solution for now is to ban it.
Igromania
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May 02, 2018, 06:25:18 AM
 #127

i want to know what makes the cryprto dangerous? to the point that many countries band the use of crypto in their countries. I want to hear your opinion

Most likely, this is due to the fact that all transactions can not be regulated and people do not pay taxes, and it is not profitable for countries.
dreadfullICO
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May 02, 2018, 06:29:43 AM
 #128

i want to know what makes the cryprto dangerous? to the point that many countries band the use of crypto in their countries. I want to hear your opinion


There are different reasons for different countries I guess, for them there is the issue of their own currency, for example in China national currency was affected by trading; in some states there is the risk for economics and infrastructure, they are not able afford large scale mining; Sometimes it is linked with illegal activities, like money laundering, it might be also the issue for some governments.
idioma1
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May 02, 2018, 06:37:14 AM
 #129

Some countries ban it not because it is dangerous, but rather because crypto is decentralised. Countries with only in word "dempcratic" regime cant afford people to earn money without controlling it as all this operation can not be regulated. People do not pay taxes and country does not get money.
benjamin11
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May 02, 2018, 07:42:51 AM
 #130

I think dangerous is not the right term. I think we can say that crypto industry is risky rather than dangerous. The value is very volatile, it changes every time and no one can predict its future. There are a lot of scam concerning crypto but if you make the proper study about it, you might minimize the risk of failure in the industry.
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May 02, 2018, 07:54:21 AM
 #131

no it is not dangerous but the one that is dangerous is the people using it. for example a knife in the hands of a chief and he/she used it for cooking and the other a knife in the hands of a killer he used it in bad things. you see good and bad and it depends on the people using it. many cryptocurrency are anonymous and some/many used it for illegal activities and government have no ways to follow them so maybe their solution for now is to ban it.
in my analogy also dissented. dangerous or whether it depends on the use.

If we bring this to trade so dangerous if the trade did not have a proper strategy. but this would be very advantageous for ourselves if clever in having a strategy and could see opportunities to gain profit.

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May 02, 2018, 07:55:55 AM
 #132

dangerous and risky industry because of this the gain is also high. there are hacking or you should lost your money but you can be protected from these risks
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May 02, 2018, 08:00:54 AM
 #133

Judgment is dangerous, it can be due to a lack of full understanding, or conflict of interest, and also because the currencies still a new and there are many things that are not understood for some
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May 02, 2018, 08:02:38 AM
 #134

i want to know what makes the cryprto dangerous? to the point that many countries band the use of crypto in their countries. I want to hear your opinion


Cryptocurrency is a very convenient tool for drug dillers and extortionists. They use mainly Bitcoin and ETH, as the most popular cryptocurrencies. For you personally, crypto currency will become dangerous, as soon as you start telling how much you have.
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May 02, 2018, 08:05:45 AM
 #135

for people is not dangerous, only opportunities and interesting investments are opened, but for politics and banks there is danger, banks lose investments, and the government controls the masses
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May 02, 2018, 08:06:50 AM
 #136



no, but potentially at great risk that could eliminate your investment. in essence, today the crypto industry is increasing and highly innovative from all areas that can be useful in our lives. but, all that is not always good, sometimes there are some developers who will do the cheating or on some projects that have potential scam. then that's why we have to get used to and find various knowledge related to crypto.
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May 02, 2018, 08:06:54 AM
 #137

Well, it is certainly something you'll need to find your ways in.
kolrbert
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May 02, 2018, 08:22:38 AM
 #138

not really, depending on how we move in it, if we are careful and keep our security safe may be safe.
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May 02, 2018, 08:31:59 AM
 #139

I think that crypto is more dangerous than other investments, especially for newbies, for those who do not understand how the cryptocurrency market works, thats why some people are afraid to invest their money in cryptocurrencies.

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May 02, 2018, 08:36:02 AM
 #140

i want to know what makes the cryprto dangerous? to the point that many countries band the use of crypto in their countries. I want to hear your opinion

What makes bitcoin and other decentralized coins dangerous is that centralized prganizations such as banks and even governments do not have any control over them. Its a threat to they entire fiat system. If successful, btc will end so many wars and bridge the gap between so many people.

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