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Author Topic: is crypto industry dangerous ?  (Read 5418 times)
cleopatrasun
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May 09, 2018, 04:06:25 PM
 #241

It is no any government, which will allow it to live long. And nobody can control it. I guess It wil die one day.   
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The Bitcoin Forum is turning 10 years old! Join the community in sharing and exploring the notable posts made over the years.
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May 09, 2018, 04:13:38 PM
 #242

may not be dangerous, but more precisely at high risk.
which makes crypto a high risk is because crypto has no regulation so the price of crypto is very volatile, if one bit in prediction then bankruptcy will threaten. this is what makes crypto in doubt even banned in some countries.
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May 09, 2018, 04:22:38 PM
 #243

so far, there are far more dangers to the crypto world, we need to be strong for the future in crypto world.

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May 09, 2018, 04:41:13 PM
 #244

as clients with crypto currency might works as crossing abroad of boundary with funds transferring, the use might threat with waste on appeals of treasury to work with the domestic finance policy.




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May 09, 2018, 04:43:37 PM
 #245

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



It is just dangerous if you don't have enough idea and skills on handling it. It becomes dangerous if you don't know the basics of it. I believe that it is risky but it isn't actually dangerous if we know how to handle it and we know how to keep our earnings safe as well as our private keys. It just depends on our strategy.

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May 09, 2018, 05:37:44 PM
 #246

In my opinion, many countries defend the interests of large banks and "strong powers", which is why they are against the cryptocurrency sector. Even some social networks like facebook, twitter and instagram have recently banned ICO advertising, but in any case I think this is a great revolution that nobody can stop
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May 09, 2018, 06:01:18 PM
 #247

It would be right to call it as risky rather than dangerous. All form of investment are risky. Some countries banned crypto because they dont have control with it. Hope soon it will be regulated
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May 09, 2018, 06:15:46 PM
 #248

Dangerous? Of course it's dangerous, because you can lose all your money that you invested in it, but still it's not the most dangerous, you can be robbed, so just do not tell anyone about it, because the situation today is very dangerous and there are so many people like that .
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May 09, 2018, 06:19:36 PM
 #249

I think that dangerous is not quite the right word, although probably looking at what areas we are talking about, we do not need to disclose our identity, because now very many people could suffer very badly, because bandits are everywhere.
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May 09, 2018, 06:23:09 PM
 #250

Risky is much more suitablr than dangeruous because on the crypto industry it is much more risk takinh you dont know if you are going to be rich or not but it is much more on information and patience

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May 09, 2018, 06:27:50 PM
 #251

the crypto industry is dangerous for stupid people who invest in it the last money , waiting for cherished X, and sometimes get a big minus. After that they call crypto industry dangerous. For me it so dangerous as forex, nothing new. The possible profit corresponds to the possible risks.


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May 09, 2018, 06:29:29 PM
 #252

Each investment is dangerous as they involve a degree of risk.

Crypto market is still volatile, meaning that the price can fluctuate a lot in + or -. If you invest in strong project the risk degree decreases significantly.

So, study as much as possible the projects, teams, roadmaps you really trust and you will have satisfactions from crypto industry.

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May 09, 2018, 06:29:40 PM
 #253

I think if the industry immediately started with the crypto, it might be dangerous, especially for investors who are less keen to see the opportunities and future of the project

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May 09, 2018, 06:30:21 PM
 #254

I think it's harmless. when a serious crypto company to develop what they have, it would be an advantage, but it would be dangerous if the developed one is illegal. well, all have its own risks.


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May 09, 2018, 06:31:34 PM
 #255

This is not dangerous in countries but Bitcoin which uses Blockchain database is not controlled by one party, but is very open to the public making it impossible for someone to forge transactions in Blockchain. All transactions are recorded live, transparent, and spread over millions of servers. so banks and the government can not control it This is the main reason to avoid Cryptocurrency legalization. But some countries want to advance technology so they all agree with Cryptocurrency because many people support crypto investment.
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May 09, 2018, 06:40:19 PM
 #256

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


I think the more appropriate word here is not dangerous but risky mate. Dangerous, I think, would be too harsh of a word when pertaining to a business venture because it's not like you put yourself at harm by doing it. Investments here are just open to so many alleys and factors that could make you lose your capital, which is primarily the reason why it is risky.

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May 09, 2018, 06:44:11 PM
 #257

The use of crypto currency is safe. The block chain is an excellent invention that does not lend itself to scammers and can not be faked. But at the same time, crypto-currencies are volatile, only this is not very reliable.


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May 09, 2018, 06:50:45 PM
 #258

it is very unprofitable for us to use such fast translations, while doing all operations anonymously, I hope that many countries will understand that they can not control this system
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May 09, 2018, 06:52:24 PM
 #259

Yes its dangerous. If you don't check the details you will definately fall into traps.
Most of ICO s are doing really bad movements and these are the main problem for crypto industry.
Its really hard to find an ICO which is legit.
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May 09, 2018, 07:03:56 PM
 #260

Crypto is not at all dangerous if you know what you are doing, the only thing against which its dangerous is the centralised world, most probably towards those centralised bank. These centralised institutions doesn't want anything to be disrupted by the decentralised world that's why they are trying to ban crypto.

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