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Author Topic: is crypto industry dangerous ?  (Read 5752 times)
Hadarula
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July 22, 2018, 11:21:14 AM
 #1221

cryptocurrency isn't dangerous by itself, it depends on how people use it, and right now there are people who use it for criminal activities. So the governments use this as a good excuse to ban or fight crypto (while fiat is used for that too)...
cryptocuurency is dangeroud, but thrpere are a lot of things and business dangerous to run, so no need to be super afraid

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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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July 22, 2018, 11:21:33 AM
 #1222

cryptocurrency isn't dangerous by itself, it depends on how people use it, and right now there are people who use it for criminal activities. So the governments use this as a good excuse to ban or fight crypto (while fiat is used for that too)...

That's true. Such thing as a gun can also be used for both good and bad deeds. It always depends on the actor, not on the tool itself.

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July 22, 2018, 11:22:16 AM
 #1223

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,i think it is apreally dangerous, but no more than other i dustries, so no nee for additional worries in my opinion

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July 22, 2018, 11:23:02 AM
 #1224

cryptocurrency isn't dangerous by itself, it depends on how people use it, and right now there are people who use it for criminal activities. So the governments use this as a good excuse to ban or fight crypto (while fiat is used for that too)...

That's true. Such thing as a gun can also be used for both good and bad deeds. It always depends on the actor, not on the tool itself.
it is dangerous, but do jt forget ghat if you know ahta you are doi g, it becones less dangerousas time passes by

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July 22, 2018, 11:26:02 AM
 #1225

It is not dangerous. But if others also are going to post like that surely will be created Fud situation. The whole market controlled by whales. So there is something happening under the market. surely it will be recover soon.

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July 22, 2018, 11:27:47 AM
 #1226

Many countries are studying blockchains, but they do not necessarily issue encrypted currencies.
Because blockchains are the future, however, many of the much-hyped cryptocurrencies are actually dangerous.

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July 22, 2018, 11:28:38 AM
 #1227

Is the encryption industry dangerous? This question depends on how you look at encryption. If you only believe in the negative news about encryption, I think you definitely can't see the benefits of encryption. I just think that encryption is dangerous. I think encryption is for me. Not dangerous
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July 22, 2018, 11:29:11 AM
 #1228

Since there is no outsider in the crypto exchanges, so it is exceptionally hard to control the crypto exchanges, so crypto is extremely defenseless against be utilized as unlawful exchanges, however everything relies upon the people who utilize it. since crypto will enormously enable individuals to execute, by cutting expenses and time.
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July 22, 2018, 11:31:18 AM
 #1229

To me, it is dangerous in the sense that we have scams in the business of cryptocurrency. But to avoid the danger of cryptocurrency you have to go into a wide research and heve good knoledwge of it
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July 22, 2018, 11:38:32 AM
 #1230

Yes, cryptocurrency as a new industry is very unstable compared to the existing traditional industries. If you want to invest in cryptocurrency, you must carefully consider it. If you have not invested in cryptocurrency before, I think You can learn the relevant knowledge before considering investment.
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July 22, 2018, 11:45:34 AM
 #1231

Yes, I think it is quite dangerous. Let imagine that you was a rich person. You was in a luxury casino and played some games. This game can make you become more rich, bur it can make you become a poor person. So the crypto industry is like that.
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July 22, 2018, 11:48:20 AM
 #1232

The main reasons why encryption is dangerous are national policies and the security of encryption itself.
The main policy is to prevent people from committing crimes through encryption.
There are still many security vulnerabilities in encryption.
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July 22, 2018, 11:48:39 AM
 #1233

It's absolutely dangerous and I've made a lot of mistakes. I've lost a lot of money, especially by participating in ICOS.
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July 22, 2018, 11:50:20 AM
 #1234

Danger literally means life threatening there is. Nothing life threatening when it comes to cryptocurrency, it's risky, but so is every other investiment opportunity, all you have to do is to be cautious when venturing in the platform and make informed decisions

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July 22, 2018, 11:50:33 AM
 #1235

I really think it's dangerous because it can cause a lot of trouble for you even if it's misused or wrong handled or if someone steal your coins because it carries your identity and if someone used it in wrong activities then you might be in trouble so if you want to use then be careful everytime.
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July 22, 2018, 11:55:34 AM
 #1236

As we know that crypto investment is like a roller coaster, it makes us always wise to put money on high-risk investments like crypto, certainly making clear considerations is important.


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July 22, 2018, 11:58:31 AM
 #1237

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. Cryptocurrencies are not dangerous. Other countries are just afraid in cryptocurrencies especially in bitcoin because they think bitcoin could replace fiat currency. Cryptos are just risky they are not dangerous people just making false news about cryptocurrency and in bitcoin.
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July 22, 2018, 12:00:01 PM
 #1238

The crypto-currency world is full of risks and dangers, because here every person tries to deceive another person. A lot of people try to really deceive other people. In what we are turning this wonderful crypto-currency world?
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July 22, 2018, 12:01:24 PM
 #1239

It is not dangerous. But if others also are going to post like that surely will be created Fud situation. The whole market controlled by whales. So there is something happening under the market. surely it will be recover soon.

Agree. The big whales manipulates crypto industry in a sense of great interaction of some big investors that really make crypto get interested among all but not dangerous at all.
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July 22, 2018, 07:26:56 PM
 #1240

Any business where you can very quickly increase your capital several times carries great risks. Before investing your last money, think about what will happen to you if you lose them.
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