is crypto industry dangerous ?

[wayancrypto]

I dont think so crypto dangerous, Bitcoin was created since 2009 but since that, no any big negatif effect in to this world. Although any case about money laundry but this issue was solved, and government can handle it. There are advantages and disadvantages of crypto but i seen crypto has more benefits to the community than disadvantages its self.

[Veks_King]

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

The danger is mostly to the authorities and their masters. There are a lot of people who are used to of making a life on others work.
Decentralization would ruin the largest ponzi ever created, the money system.

Thread should've been closed after this, pretty much spot on.

[andika2018]

I dont think cryptocurrency industry is dangerous. As long we keep carefull with our capital and always doing research before investing, we can make profits from crypto industry. Its good market and its still growing more

[mimota162]

I do not see crypto industry being dangerous since there is no evidence of such, though at the start we might hear that bitcoin is being used as transactjon for the deepweb

[yadan86]

there are risks in any enterprise, and we need to deal with this matter carefully by learning the scope of many possible factors. more knowledge little risky .

[amitkumratra]

I don't think so because if it is dangerous then why, few countries are legalizing crypto currencies and its blockchain system and other countries also consider to do so.
I think every work or thing have two aspects one is bad side and the other is good side. And it is all depend on your thinking that which aspect you want to see.
I admit that there are some bad aspect of it and Government also can't trace the digital transactions, even it is for good work or it is for illegal works or for terror funding.
But according to me its decentralized system or blockchain system is very useful in every work because you can done any work very easily and also very fast by this system. This system made many people millionaire and improves the life style of these persons. And it will also make many millionaire in near future.

[sinhlyshpt]

Nowdays, there are a lot of people who are used to of making a life on others work. Hence, I think it is not called 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. So I will call it is risky.

[tmpwhore]

it's not as dangerous as everyone thinks she is. if there were several incidents of some investors, the probability of such incidents from other investors is much less

[jan.nicolas]

There should not be any doubts, because now many people understand that it is very easy to lose their deposit in kirptual currency, because the risk of loss is very high, I do not think that now many will disagree with this.

[cryptorocket84]

I think the word RISKY would have been better than the word DANGEROUS. Crypto is dangerous like any other business is, there is no business that don't have risk involved in it, like itself is risky how much more when u invest cash.
Is Government not dangerous? the issue is that Crypto is decentralized and government will not have control over it in the area of tax etc. so that the reason they try to ban it.

[kristinkamal01]

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

So this market is very dangerous and he does not forgive mistakes, if you are not good at trading, then you can lose everything, so here you need to know and practice

[vanhai231a]

Countries prohibit cryptocurrencies by and large due to the fact that a lot of money will not be taxed. Also, cryptocurrencies make the sale of drugs and weapons more affordable. And last, I think the government wants to protect people from dangerous investments, but it sounds crazy.

[Labay]

The government i think was afraid of this because bitcoin ruin the digital currencies.  It destroy bank that hold by the government, and also it destroy the uses of fiat in the world.

It has some advantage of using bitcoin but there are disadvantage of using this.  I think when they use bitcoin, it less hustle because the fiat cost some money to create one but at crypto was not, you cannot paid when you create one and also you don't need to create new because it cannot destroy or tear by someone.

It helps country and i am also believe that it would help to eliminate poverty in the world.

[serejandmyself]

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

Hi, it might be dangerous with only one reason and this reason to my mind is it the main that makes crypto not acceptable world wide yet, that is - huge volatility. Imagine you are selling goods and you are paid 0.5 BTC for some of your good that equals $10k in 2017 end, as for now you would only have half of your assets, I think people wouldn't just risk by implementing crypto totally, for at least present time. But it will for sure finally, I am confident.

[Xelpherpolis]

Absolutely, cryptocurrency is a dangerous thing that can change a person's life like for the better and for the worse. Here you need to be very careful.

[dogetalk]

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

No it's not dangerous, only if you give out your private keys or get phished / send crypto to a scammer.

[m.vina]

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

Lot's of people are afraid of what they don't understand. It's human nature.

What we need to remember here is that crypto is not some unknown monster some of us have cooked up through obscure imagination. Crypto is a scientific approach to solve real world problems and there is a ton of both academic and non-academic references that point to how crypto is an innovation worth looking into. I personally believe that crypto will change the world, us early adopters getting rich is just a really good side effect.

[Sier86]

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

investing in crypto is quite dangerous for sure, never invest what you cannot lose. for me it is like a game and whem market is red i do not panic, easy come,easy go =)

[PaidFudder]

I myself often think that the US authorities hide under the words: "we worry about our citizens, that they can invest money and lose them." More likely, the authorities are afraid of losing control of the financial flow.

[ninokh]

those who say the dangerous cryptocurrency is the one who considers cryptocurrency as a ponzi scheme or bubble that when it reaches the peak will erupt. and they rejected for fear of cryptocurrency growing out of control.
Decentralized cryptocurrency can not be controlled by anyone but not something dangerous. precisely cryptocurrency is very useful and has created many new rich people.