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Author Topic: Can i trust crypto / digital currencies?  (Read 2873 times)
sirojuddin
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October 08, 2018, 07:23:00 PM
 #301

Some Countries fighting digital currencies like Dutch Central Bank saying bitcoin not sufficiently efficient,
IMF report suggests bitcoin could lower demand for Bank Money,
Karma group filled legal action against crypto exchange HitBTC,
Enforcement directorate ED summons Raj Kundra for $300 millions scam in India.
Though they are a lot of important projects. Let me mention few.
IOTA LAB: an open community project by AKITA launched by IOTA.
Ripple announces University of Blockchain  Research initiative (UBRI)
Can we trust the crypto ecosystem?

I think that the news is only to cover the interests of each of them, they are afraid that banks will not get income when people start using bitcoin. and they are like not looking for a solution for that.

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Gru minions
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October 08, 2018, 07:41:05 PM
 #302

Some Countries fighting digital currencies like Dutch Central Bank saying bitcoin not sufficiently efficient,
IMF report suggests bitcoin could lower demand for Bank Money,
Karma group filled legal action against crypto exchange HitBTC,
Enforcement directorate ED summons Raj Kundra for $300 millions scam in India.
Though they are a lot of important projects. Let me mention few.
IOTA LAB: an open community project by AKITA launched by IOTA.
Ripple announces University of Blockchain  Research initiative (UBRI)
Can we trust the crypto ecosystem?

Yes you can trust crypto currency but not blindly. Lack of trust can be the lack of enough knowledge. The real thing is we do not understand properly. Read more about crypto, research on inside and outside activities,maybe this learning will give you a strong confidence on crypto currency.
Tanya12356
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October 08, 2018, 08:19:52 PM
 #303

Some Countries fighting digital currencies like Dutch Central Bank saying bitcoin not sufficiently efficient,
IMF report suggests bitcoin could lower demand for Bank Money,
Karma group filled legal action against crypto exchange HitBTC,
Enforcement directorate ED summons Raj Kundra for $300 millions scam in India.
Though they are a lot of important projects. Let me mention few.
IOTA LAB: an open community project by AKITA launched by IOTA.
Ripple announces University of Blockchain  Research initiative (UBRI)
Can we trust the crypto ecosystem?

Yes you can trust crypto currency but not blindly. Lack of trust can be the lack of enough knowledge. The real thing is we do not understand properly. Read more about crypto, research on inside and outside activities,maybe this learning will give you a strong confidence on crypto currency.

Wow. Here's the news. You have to be careful with this exchange.
Classica35
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October 08, 2018, 11:46:19 PM
 #304

Of course, crypto can be trusted and i personally trust it. We may not truly understand fully the prospects in this technology, but time i believe will tell.
There is nothing good that does not have it's setbacks. whatever form of negativity that might be happening is/are just for the time being.
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October 09, 2018, 12:13:11 AM
 #305

Of course, crypto can be trusted and i personally trust it. We may not truly understand fully the prospects in this technology, but time i believe will tell.
There is nothing good that does not have it's setbacks. whatever form of negativity that might be happening is/are just for the time being.
A lot of people have misconceptions on what crypto is. They need to have more knowledge and they need to see that the crypto is not built to be a coin that is trusted.


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dumplingsandsushi
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October 09, 2018, 12:17:34 AM
 #306

Of course! Specifically because of all of these things happening.
You should be worried if no regulations and civil actions were taken.

The fact is, crypto was the wild west for many many years.
It wasnt well known until just last year.
Now, governments and organizations are scrambling to make sense of it and to regulate it.
It may seem chaotic, but through this we will reach stability.

As far as crypto itself, you can't ever say that you can't trust crypto.
AFter all, it is just a piece of technology.
It is always the users behind that technology that turn it into a scam or make it legitimate.
So I would be more worried on if you can trust people.

kulas
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October 09, 2018, 01:14:35 AM
 #307

Having trust requires experience. I trusted crypto based on my own experiences, it gives me a lot of benefits, not only financial but also values, time value, responsible and handle money wisely.
jcojci
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October 09, 2018, 05:47:38 AM
 #308

We cannot push him to trust crypto because he needs to search about crypto by himself until he can find something that can make him believe that cryptocurrency will give him big benefits. I am sure that if he can get the benefits, he can earn money from the crypto, soon or later, he will believe and trust crypto, and he will continue to do something so he can still make something good for his life.
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October 15, 2018, 09:04:06 AM
 #309

You can trust them but you have to be smart. You cannot entirely trust the coins and that is where the smarts come in. When you are investing you make sure that you put your money into the best coins so that way you can be sure that there are always going to be investors in the coins and it is always going to have value. Then you need to make sure that you are diversifying to mitigate losses

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October 15, 2018, 04:25:23 PM
 #310

There is no reason to trust all Altcoins. Yes and no need for this. I absolutely trust Bitcoin, ethereum, NEM. There is confidence in fairly new coins NEO, ADA, EOS.

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October 15, 2018, 04:29:29 PM
 #311

The market is healthy. Disposes of doubtful shades of the past. Tether destroyed today. This is very good, as the stories with him were long muddy.

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October 15, 2018, 04:32:33 PM
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It depends on what you mean by understanding trust and what you want from it. It seems to me that now the situation as a whole is very strange, since it seems to me that it would probably be best to start trusting and accepting cryptocurrency
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October 15, 2018, 04:56:25 PM
 #313


Can we trust the crypto ecosystem?

Distrust is what happened with all other innovations that took place during the history of humanity. First electric bulbs in the 19th century were perceived as the devil's intrigue by some religious groups. Many people nowadays think that genetically modified food brings cancer and other diseases. The same is happening to blockchain - this technology is still underestimated though in some spheres it could change our lives.

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October 15, 2018, 05:33:10 PM
 #314

We can see how life is changing. The blockchain is coming to every industry and changing it to better. I think that cryptocurrency is very perspective and we can get a lot of profit as investors.
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October 15, 2018, 05:40:48 PM
 #315

I think we can totally trust crypto. Soon it will become part of our life in all fields of our life. The blockchain is already making our lives better. By the way, there was made a first phone call by using blockchain - it's really amazing.
DonnieMitchel
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October 15, 2018, 05:46:11 PM
 #316

On the whole, cryptocurrency and blockchain is pretty much making an improvement and also is on the lead.
Few countries are against it because it FIAT is losing its importance.
My opinion is is, yes.. cryptocurrencies are trust-able, but watch out for scammers.
nikotengik
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October 15, 2018, 05:58:28 PM
 #317

Some Countries fighting digital currencies like Dutch Central Bank saying bitcoin not sufficiently efficient,
IMF report suggests bitcoin could lower demand for Bank Money,
Karma group filled legal action against crypto exchange HitBTC,
Enforcement directorate ED summons Raj Kundra for $300 millions scam in India.
Though they are a lot of important projects. Let me mention few.
IOTA LAB: an open community project by AKITA launched by IOTA.
Ripple announces University of Blockchain  Research initiative (UBRI)
Can we trust the crypto ecosystem?

I myself believe that crypto will have good benefits in the future, because I myself use Crypto as a buying and selling tool and as an additional producer of mine, and I think that is not a bad thing, even in some countries online stores have used Crypto as a valid payment currency.

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KodyAaron
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October 15, 2018, 08:03:49 PM
 #318

Some Countries fighting digital currencies like Dutch Central Bank saying bitcoin not sufficiently efficient,
IMF report suggests bitcoin could lower demand for Bank Money,
Karma group filled legal action against crypto exchange HitBTC,
Enforcement directorate ED summons Raj Kundra for $300 millions scam in India.
Though they are a lot of important projects. Let me mention few.
IOTA LAB: an open community project by AKITA launched by IOTA.
Ripple announces University of Blockchain  Research initiative (UBRI)
Can we trust the crypto ecosystem?

Yes i think we fully trust on crypto crypto is benifit for us ..
other_side
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October 15, 2018, 08:51:39 PM
 #319

I think we can totally trust crypto. Soon it will become part of our life in all fields of our life. The blockchain is already making our lives better. By the way, there was made a first phone call by using blockchain - it's really amazing.

Maybe that will happen, but at the moment I think it's hard to be a part of the life of everyone in this world. As many poor and undeveloped countries in the world have not been exposed to computers, let alone blockchain technology.
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October 15, 2018, 09:55:51 PM
 #320

On the whole, cryptocurrency and blockchain is pretty much making an improvement and also is on the lead.
Few countries are against it because it FIAT is losing its importance.
My opinion is is, yes.. cryptocurrencies are trust-able, but watch out for scammers.
I am also very confident in the future of cryptocurrency and I have spent a lot of time to study about it. I think the cryptocurrency in the near future will boom very strongly and investors can fully trust the value that crypto can bring.
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