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Author Topic: is crypto industry dangerous ?  (Read 5763 times)
Zythiphill
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August 12, 2018, 01:38:19 PM
 #1761

In the cryptocurrency there is no owner , and it is fully decentralized because of this the danger is reduced , I think it is dangerous that can steal money

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life manager
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August 12, 2018, 01:39:56 PM
 #1762

Certainly dangerous. because investment here is very high risk and also very risky. if every person makes a mistake they must be prepared for the risk he will get
Just do not forget the basic rule of the cryptocurrency, do not invest more than you are ready to lose. And then some of the growth of the cryptocurrency at the end of 2017 bore their heads and they invested the last money.

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canadinhano
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August 12, 2018, 01:56:18 PM
 #1763

Where high risk there will be big profits
imperatorbounty7
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August 12, 2018, 02:01:03 PM
 #1764

It is unsafe for banks and government. In numerous nations, governments have not yet discovered a technique to control digital money. Along these lines, a great deal of cash goes by banks and nations. Individuals don't pay assesses on benefits from digital money. There are an ever increasing number of jobless tycoons.
Notwithstanding, we can not state that today the digital money introduces any threat to the world economy, yet relatively few individuals have changed to cryptographic money.   Smiley
Odebowa
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August 12, 2018, 02:03:10 PM
 #1765

I don't think is dangerous one things about it is that is volatile that it easily appreciated and depreciated  with in a period of time. If a coin is been invested in and it depreciate their is 60% assurance that it will rise again so its just matter of patient  in that case money is not lost and with that i don't think is dangerous just volatile that is it
KrisAlex18
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August 12, 2018, 02:03:57 PM
 #1766

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

Considering the risks and problems when it comes to finances you may experience, we can really say that crypto is dangerous. Another thing is the anonymity of the people behind and within the system, it may not be worrysome but still it imposes threat to all of us. Maybe some of the people are fraud or scammers which may lead us to loosing our money.
tableofcontents
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August 12, 2018, 02:07:49 PM
 #1767

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

Considering the risks and problems when it comes to finances you may experience, we can really say that crypto is dangerous. Another thing is the anonymity of the people behind and within the system, it may not be worrysome but still it imposes threat to all of us. Maybe some of the people are fraud or scammers which may lead us to loosing our money.

This is why before joining here in cryptocurrency, you need to have a background or a brief research about how the market is and what it looks like. Take extra care because if you don't, you might lose money or waste time/ .
stas.dron
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August 12, 2018, 02:50:32 PM
 #1768

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..

It should be understood that in the crypto-currencies one can not use the usual methods of estimating the market value of assets in the usual analysis for us
Frieda
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August 12, 2018, 02:51:56 PM
 #1769

I think it's not an crypto currency industry that's dangerous for every banned country, but something about a venture capital program for a people who believe in encrypted money as a conscious nation, rather than a site that easily believes it's a huge profit reward scam.
Dalazar
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August 13, 2018, 09:53:42 AM
 #1770

To be honest, I have little faith in the fact that the state is afraid of blockchain and crypto-currencies. You understand that such a large industry could not be born on the knees of several enthusiasts. I certainly believe in metadata, and the ability of a group of people, the General intelligence, to solve impossible tasks if you put them in the right direction, but the whole industry, in the early 21st century... Unlikely.
reijusama2583
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August 13, 2018, 10:19:00 AM
 #1771

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 was too crucial when you invest in crypto because the price of it was too volatile and based on what I read there are some cryptos that are scam maybe it is one of the factor that is why it is consider as dangerous. The probability of having or gaining money from it is 50:50 either you get a lot or loss a lot and in order to conquer this kind of factor try to research first and have a lot of knowledge so that when problem comes there would be a solution to solve it and try to have some suggestion or opinions from the professionals.
xet3cualong
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August 13, 2018, 10:36:56 AM
 #1772

Crypto currency is dangerous by some factors. Such as the possibility of theft and fraud.
Criminals can use crypto currency to build financial schemes that lead to a loss of money!
zucknail
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August 13, 2018, 10:45:18 AM
 #1773

Crypto currency is dangerous by some factors. Such as the possibility of theft and fraud.
Criminals can use crypto currency to build financial schemes that lead to a loss of money!
that negative perseption for some people that wants cryptocurrency die.but the total of  usage for criminal case very little.and it doesnt to worry.
xberexha
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August 13, 2018, 11:00:27 AM
 #1774

Crypto is not vulnerable, I contemplation the morpheme dangerous is besides hard, where we are prosperous and I aforementioned crypto as cum to chain, in citizen accept wayward opinon as they don't deduce what the occupation is each any and they try to be blusher it be black
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August 13, 2018, 11:12:00 AM
 #1775

Cryptocurrency is more or less like taking risk to me. You can massively take part in some bounties and at the end, the project will be scam. You can also buy invests in coins and how you might be expecting will be the other way round. That is how crypto works and you can gain massively above your imagination too.

soniklli
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August 13, 2018, 11:17:09 AM
 #1776

I think that the sphere of crypto currency is dangerous because there are so many scammers now.
Many people without knowledge and experience simply risk losing a large amount of investment! Nobody want  to see the danger in their earnings.
rhenz01
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August 13, 2018, 11:22:01 AM
 #1777

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, most especially for beginners who doesn't know the real situation of cryptocurrency market today may be the capital they invest will be compromise if the crypto selected to invest is not performing very well.
Wishywashy
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August 13, 2018, 11:23:04 AM
 #1778

Investing in scams is dangerous but investing in good projects is definitely worth it. I know it's very obvious but it's difficult to select and separate both nowadays.

Is there an easy way to tell the difference? The good news is, Menlo One, a decentralized ICO listing platform is launching within the year. This means lesser scams and bribes like what's going on with certain ICO rating sites.
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August 13, 2018, 11:31:31 AM
 #1779

less specific questions, What is meant is market or project ico sales? if it's a market problem, later the market will return to normal as long as it's strong to hold and for cryptocurrency market difference with the forex market, sir
gabriella
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August 13, 2018, 11:33:47 AM
 #1780

If you just don't even want to risk anything, save your money in the bank and it will be good choice because we can get small interest with that and also bank is very safe company for saving money
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