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Author Topic: is crypto industry dangerous ?  (Read 5755 times)
mimota160
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May 12, 2018, 07:11:06 AM
 #281

It is not that dangerous, it is all about the decentralization of it so it means we are free to do anything without informing anyone. Likely county without a proper law. Some government against of it because they can't have the power to control it.
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mrmanyaks
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May 12, 2018, 08:23:11 AM
 #282

There may be many reasons why people call crypto business dangerous, but the danger of cryptography is much less when compared to the collective contribution of krypton and the development of the world economy. There are people who are afraid of investing in the crypto business or even asking why it is crypto because a lot of people do not want to get into it
phuongnguyen.mm.211
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May 12, 2018, 02:28:52 PM
 #283

I think 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.
collins3
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May 12, 2018, 02:36:12 PM
 #284

I think it can be volatile and volatile. The government can not control it. Electronic money is also being used by some illegal users for some illegal work ... so many countries constantly warn and even ban it.
In the future when the government can manage it, these electronic coins will be promoted and become the main currency, the precious asset of humanity.
veraoktav127
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May 12, 2018, 02:40:38 PM
 #285

crypto is a good investment if we understand what to do but it would be dangerous if we do not have enough knowledge in investing in crypto so not a dangerous crypto but what we do is correct or not

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May 12, 2018, 02:47:02 PM
 #286

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

Yes it is but if you will be more secured most especially to those of your keys or private keys online. You have to keep it in order for you to not be scammed, always be aware of all the things here in the industry, trust and believe in the process.
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May 12, 2018, 02:55:04 PM
 #287

if you think crypto is industry dangerous hom many countrie or investmen like to bitcoin because very suporting .
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May 13, 2018, 02:36:21 PM
 #288

It makes cryptocurrency dangerous and banned in some countries maybe it's because of the government.The government was minimized their income tax return because they can't control the income of the people who participated in the crypto world.
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May 13, 2018, 02:44:51 PM
 #289

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

Many countries are now warning or even banning the use of digital money. They for this market is dangerous. I have many reasons:
- Due to the digital money market and non-governmental development, there is no legal management. Many non-governmental organizations have used this transaction for illegal activities.
- The nature of this market is constantly fluctuating
- Many ICOs come with scams.
But in my opinion, it is dangerous or not, or it depends on the investor itself and the road map for this interesting market management government!
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May 14, 2018, 10:41:51 AM
 #290

Well, it is dangerous because the government knows that it is not that bad, but at some point, if there will be salaries in ICOs, or altcoins- the salary will not be the same. The incomes of any person, who gets his money in crypto system is always willing to be unstable and changed.
kadal88
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May 14, 2018, 10:45:51 AM
 #291

I dont think some countries ban it because it is dangerous, but rather because crypto is decentralised and they will not have control of it.
For an individual crypto can be risky because there are many scams around. Nonetheless, scams also happen in fiat
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May 14, 2018, 11:27:51 AM
 #292

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.


Well in my opinion, crypto is a good thing and all but it can be dangerous. One of the reasons is because of its decentralized system, it means that governments and central banks don't have any access on it. Because they don't have access, they will not know what kind of transactions are made meaning that if there's an illegal transaction happened they wouldn't know about it, couldn't track the transaction and eventually will not know who are behind that. That's just one of the reasons why some countries wouldn't allow the crypto system.
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May 14, 2018, 12:42:21 PM
 #293

It is dangerous for you if you enter into the crypto industry blindly without doing your research and expecting to make millions in a short amount of time. As long as you are investing wisely and smartly then you have nothing to worry about. You can't just expect to unwittingly through money into a coin without doing research and expecting to make a lot of profit from it, that is not how it works.
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May 14, 2018, 12:47:49 PM
 #294

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 was not dangerous because it was helping different peoples life in the country and japan is using cryptocurrency for the community so i think that bitcoins is good for people if they only know how to use it.
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May 14, 2018, 12:53:45 PM
 #295

The crypto-currency industry was perhaps a bit dangerous at first, but now it's a world that many people are in. The crypto industry uses a lot of the field. For now, I think there is no danger.
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May 14, 2018, 12:56:11 PM
 #296

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 was not dangerous because it was helping different peoples life in the country and japan is using cryptocurrency for the community so i think that bitcoins is good for people if they only know how to use it.
By your comment cryptocurrencies are good, not dangerous. Maybe they are dangerous for old system, banks and some governments can be afraid from crypto cause they will not be able to cheat the system anymore. Blockchain is that for a reason, for many institutions and people it will be end for working under the system and to lie people what they did with money, it will be visible for all of us what they are doing.
Crypto industry is dangerous for people with conservative thinking, for the ones who are afraid of future, but for many of us its blessing.



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Rainbot
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May 14, 2018, 12:58:31 PM
 #297

Crypto is very dangerous. That is why most countries give a warning to their citizen related crypto currency. It is very volatile which means we can lose the value of in the fast way and vice versa.
DreamerJ
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May 14, 2018, 01:02:22 PM
 #298

Yeah, I now a few men who invest lots of money and they they lose because of dumps..
markcruz5554
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May 14, 2018, 01:03:50 PM
 #299

Not like that, it's close to gambling though.

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May 14, 2018, 01:05:33 PM
 #300

There are many reasons why people says crypto business dangerous, it is only beyond the person on how the way they manage and how the way they used. But danger thing in crypto business are very less when we compare to the total good contribution of crypto into community, and the more also in the development of world economy. There are also people afraid to invest in crypto business, because they think the negative future on the dangerous thing to happen, and to all people having negative analysis in crypto business are comes into nothing of good future income.

I think its dangerous because its prone to hacking.
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