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Author Topic: is crypto industry dangerous ?  (Read 5753 times)
m4shorVasil
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July 11, 2018, 08:09:51 PM
 #1081

In quiet areas, blockchain technology is used to improve people's lives! In a chaotic area, the blockchain is a paradise for money laundering and other illegal activities!

But risks in crypto are not associated with money laundering and etc. All risks that will have any investor or trader is high volatility and wide range of projects to participate without any limits and regulation. But if you look on such "risks" from the other side they can become pros of crypto Wink
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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blackblue986
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July 12, 2018, 05:04:02 AM
 #1082

Yes. It is dangerous and very risky. Well, everything or anything that involves money is very risk to take. Imagine that you are wiling to risk your money for a greater profit. For a larger income. We have to risk everything for us to gain something. And that's what investment is all about. It is all about taking risk.
WillBe
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July 12, 2018, 06:21:28 AM
 #1083

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


would be dangerous if many people abuse the crypto. which is feared by some countries is if crypto is used for financing terrorism, because the government can not track and monitor what happened.
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July 12, 2018, 06:36:58 AM
 #1084

Encryption is characterized by decentralization. People can transfer money across borders without a bank. Seemingly excellent technology is being used by criminals. Including many technical loopholes.
rasmadisulaiman
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July 12, 2018, 06:38:24 AM
 #1085

Of course crypto is not dangerous, crypto creates new jobs for us, in a country that still has a lot of unemployment, it helps the government, when a country is unable to create jobs for its people crypto is the solution but crypto would be Dangerous if misused to buy medicine treatment, because its security is difficult to track transactions.

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July 12, 2018, 01:13:01 PM
 #1086

I don't know  why crypto is considered dangerous but I think why many countries ban crypto is because some countries are very dependent on tax revenues collected from the population
martychubbs
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July 12, 2018, 02:36:49 PM
 #1087

 I've heard about some bands, which operates with the uses of Bitcoin, but this thing doesn't make bitcoin dangerous, because as well many of bad guys are using dollars to buy drugs.


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p.solovey
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July 12, 2018, 02:39:59 PM
 #1088

It is dangerous to invest in ico. It is dangerous to invest if you came to the cryptocurrency market in December - and bought altcoin 10 times more expensive.
cris mane
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July 12, 2018, 04:49:25 PM
 #1089

crypto industry is like any other industry but we need to be careful in investing and trading and holding we need to have knowledge while doing any activity related to cryptocurrency Smiley Smiley
Severne
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July 12, 2018, 04:54:18 PM
 #1090

Absolutely, Crypto Industry isnt dangereous thing. Crypto and blockchain are our futures. In the Future, These things will create our life styles, give us speed.
dkmartin
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July 12, 2018, 04:59:18 PM
 #1091

I dont think so. It can be slow sumtymsand profit can be a little or not. It can be dangerous due to lack of knowledge, interest,experience and understanding.every thing has positive as well as negative side. It depends on you how to take it.  
Osiris0
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July 12, 2018, 05:05:01 PM
 #1092

Because they just want to manipulate the growth and they tried to prepare to reformatting of all economy and financial ecosystem. They hope to save the control and to remain on the top...
RiskySanchez
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July 12, 2018, 05:08:44 PM
 #1093

All businesses are dangerous, depending on how we solve the problem without falling and never giving up. it's just about take it or make it. I'm pretty sure crypto has a major contribution in influencing future technological developments

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abvhiael
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July 12, 2018, 05:57:10 PM
 #1094

It depends on you. How you deal with it. You should have an expertise or at least the basic knowledge of cryptocurrency, how to trade it and its working. Blindly following the lead of others is not going to be fruitful. Yes, in initial phase you may have to rely on expert advice, seek help from social trading programmes available on exchanges. But don’t just leave your money to them and sit back. You need to carry out research on your own. You are solely responsible for the profit and loss.

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July 12, 2018, 06:08:52 PM
 #1095

I do not think that the crypto industry is dangerous. Security measures are increasing day by day in today's technology. I believe that only people who are patient in crypto world will succeed...
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July 12, 2018, 06:09:11 PM
 #1096

The crypto sector offers more and more reassuring evidence of strong institutional interest in the market, so i think risk/reward proportion is very attractive.
mario00
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July 12, 2018, 08:19:19 PM
 #1097

If you don't understand how the market works and play your cards right then the market can be dangerous to you. You could end up losing a lot of money if you don't know what you are doing. In the end, cryptos as an investment are just as dangerous as any investment, there is no telling what will happen with it, and you could end up losing all of your money.
Reto
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July 12, 2018, 08:27:36 PM
 #1098

Yes, I think crypto is dangerous because i don't see interest from investors. We need new investors in cpytocurrency Smiley
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July 12, 2018, 08:33:25 PM
 #1099

Yes, definitely it is. It's probably the most risky investment you can imagine. There are no any guarantees, you are not protected by government, there are no any rules of the game, you are simply just following your intuition (except of trading). So be careful and invest only what your can afford to lose.
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July 12, 2018, 08:35:48 PM
 #1100

The crypto industry is considered dangerous in some countries because it is coming to disrupt their entire financial system. They actually consider it dangerous because they don't know the mechanisms behind it. That is it.
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