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Author Topic: is crypto industry dangerous ?  (Read 5752 times)
lambori2001
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July 24, 2018, 08:08:40 AM
 #1281

we study at least superficially white paper of bitcoin, it becomes clear that citizens can now freely send each other funds with minimal fees. This makes them independent from public and private banks. When there was a boom in crypto-currencies, they were tried to be banned in many countries. After studying their properties, the situation changed dramatically.
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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Akeeto
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July 24, 2018, 08:08:53 AM
 #1282

I think cryptocurrency is not a dangerous thing. quite the contrary cryptocurrency is a revolutionary currency that provides benefits. they can trade, invest and follow signature campaigns. all income is in the form of cryptocurrency.
cryptocurrency is not dangerous but only has a big risk
caoboinhacso
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July 24, 2018, 08:19:44 AM
 #1283

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


Your topic is quite confusing. If the crypto is dangerous, why many countries use it?? As far as I understand, you want to mention the important of cryptocurrency, is that right? And the thing makes crypto be special and important is to that it is the key of technology in the future, no border between each countries in the world
Matteo.b
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July 24, 2018, 08:22:15 AM
 #1284

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 dont think that crypto industry is dangerous in some country. If you want to know why is to research or read some threads in  subject like this, learn more why it is not applicable on their country. But this crypto is useful for us let us this to make it successful up the future.
mikhailkudig
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July 24, 2018, 09:39:36 AM
 #1285

I guess its instability. Too much volatility can lead to the loss of money of many inexperienced holders. Therefore, you should be careful with such things.
boyjack
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July 24, 2018, 09:43:49 AM
 #1286

Cyrpto industry is very good for investors who have some extra money in pocket and invest in crypto,and same way crypto currency is very risky investment platform. you can earn good money from crypto world, even you can earn free money also,example Bounty campaign and air drops, if you are going to invest in any crypto currency first you should study about the project and ready to affordable the risk on investment
Wale777
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July 24, 2018, 09:44:40 AM
 #1287

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

Crypto is not really dangerous by its idea and concept but people in the system and crypto world make it dangerous with their greediness and insincerity. Some countries don't necessarily ban or restrict crypto in their domain but they do in a bid to protect their citizens such as USA
karthcrypt
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July 24, 2018, 09:47:49 AM
 #1288

Cryptocurrency is not dangerous, it is people greed and passion for fast money that is consuming and put them in a dangerous spot.  For the patient,  you can see what bitcoin is already doing to your portfolio!

Lukas Tarantas
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July 24, 2018, 09:47:58 AM
 #1289

i want to know what makes the cryprto dangerous?
The most important problem of a cryptocurrency is its high volatility and the lack of legislative regulation. In fact, bitcoin is not money, it's nothing. Nobody guarantees your investment when buying tokens. It's not even a game in the casino, it's much more risky.

Ghost251
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July 24, 2018, 09:50:18 AM
 #1290

we are in modern world, thus we need to understand  value of crypto currency. they will increase dramatically soon, therefore be patient.
Jibrinman
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July 24, 2018, 09:51:51 AM
 #1291

It tends to b dangerous to those who do not understand how it works and also do not care to understand. If anyone understands the working mechanisms in cryptocurrency, the framework and the structure, somehow the person will not say it is dangerous.
felista32
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July 24, 2018, 09:52:19 AM
 #1292

crypto industry is very dangerous and similar to a casino, buying shitcoin you risk losing all your savings
troBelx
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July 24, 2018, 09:52:29 AM
 #1293

can only say that it can be dangerous if you don't have enough knowledge about cryptocurrency, but you start investing without analyzing market movements which are your basis for consideration for your investment, even though sometimes there are dangerous things that occur in some business transactions , but the cryptocurrency business is really good, and it helps for economic development and also for people who live who access cryptocurrency.
davida
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July 24, 2018, 09:55:24 AM
 #1294

I would not say that cryptocurrency industry is dangerous but rather risky because it is volatile and unpredictable but if you are very good at making decisions and you are patient with trend of the crypto market, you can make alot of reasonable profit from crypto because there is no business without it's own risk and life itself is also full of risk.
argus312
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July 24, 2018, 10:00:03 AM
 #1295

Decentralization will not yield profits from taxes, but in order to make a profit it is necessary to change the system itself, that's why they are afraid!
dilidolu
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July 24, 2018, 10:02:10 AM
 #1296

The encryption industry is dangerous. As a person who fails to invest in encryption, I want to say that it is dangerous because I don't know about cryptocurrency. At first I wanted to make a lot of money, so I invested in 10k dollars and lost. It’s also lost in a week. I think its risk is very big, so people who want to invest must be careful....
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July 24, 2018, 10:03:50 AM
 #1297

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

dangerous in what way? you'll be killed or what? i head it's dangerous because it's popular among criminals due to the fact crypro is anonymos

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kdiag
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July 24, 2018, 10:05:09 AM
 #1298

the strongest volatility of the crypto market, sifts out many investors, almost all newcomers, who entered the market during the growth period, and now find themselves in great losses.
bloodmoongreen
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July 24, 2018, 10:05:27 AM
 #1299

Perhaps because cryptography is not as controlled by law . But still, she's not dangerous . And fully justifies itself .
toygama
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July 24, 2018, 10:07:34 AM
 #1300

I prefer to use the word risky rather than dangerous considering anything can happen in crypto. Prices are highly volatile which is affected by several factors and you can loose your investment especially if you dont know how to deal during bear seasons.

I think it's a correct and proper description risky than dangerous but as we are here we need to understand thoroughly the insact characteristics of cryptocurrency cause anything that is not your especiality is prone for any possible mistakes.
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