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Author Topic: Can i trust crypto / digital currencies?  (Read 2876 times)
Surge_Dev
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October 15, 2018, 10:34:03 PM
 #321

I think that crypto is our future and to my mind, it is much better to use digital currencies than our standard money because to my mind crypto is the best way to earn taking not many efforts
hugasinora
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October 15, 2018, 10:51:41 PM
 #322

no one forces someone to believe in crypto, it is the right of everyone, if you don't believe because of bad news about crypto you may not invest here, but if you regret that someone who is involved in crypto can get that sudden wealth is your thinking alone who do not believe in the development of crypto today
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October 16, 2018, 11:46:06 AM
 #323

There is difference between government is against it AND trustful. First of all it is trustworthy. And you know that too as otherwise you wouldn't be part of this group. There are other reasons why these countries are fighting against crypto. It's their fight, not yours..
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October 16, 2018, 04:56:14 PM
 #324

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?

today it's really difficult to trust not only crypto, but anyone indeed. but i guess all those banishments you've mentioned won't change the course of crypto developing, on the contrary

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October 17, 2018, 06:23:11 PM
 #325

If you believe notaries and the federal reserve, then we definitely need to crypto believe.

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October 22, 2018, 08:09:29 AM
 #326

Why not? It's on a par with trust in banks. Only they have direct access to your assets, but here you can regulate everything.
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October 22, 2018, 08:17:09 AM
 #327

Yes of course Anyone can trust Crypto/ digital currencies because of many things to offer in the economy and the community. I think it would be a great way to make people open to the real way of making the world a complete helpful environment that Crypto/ digital currencies. But still trust is hard to give in the person or anything you didn't even know just try some more read and research in some Crypto/ digital currencies to now everything about it.

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October 22, 2018, 08:26:16 AM
 #328

First things first, you need to determine is their liquidity aspect, and the number of users in the community, by studying this aspect, you can recognize if a crypto is working or not, thats the most important thing. So for me, i trust crypto nowadays especially bitcoin and ethereum, because here in our country we have few local exchangers, that is supported with the government.

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belingbanged
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October 22, 2018, 08:42:46 AM
 #329

If you already have a lot of experience and insight about crypto, I think you will automatically trust crypto. Although currently there are still many countries that prohibit the use of crypto, crypto has been proven to help many people in making money and also fill the void of those who do not have a job or have little income.

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October 22, 2018, 09:01:00 AM
 #330

If you already have a lot of experience and insight about crypto, I think you will automatically trust crypto. Although currently there are still many countries that prohibit the use of crypto, crypto has been proven to help many people in making money and also fill the void of those who do not have a job or have little income.

They only banned the use of crypto for payment or transaction. But nowadays I think not only can you pay with cryptocurrency, now many ICOs are targeting the field, they use blockchain or crypto to be the means to help the current field more and more perfect.
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October 22, 2018, 09:10:17 AM
 #331

Yes you can trust crypto and bitcoin, many people have got success with bitcoin and altcoin investment, you have allow their way at bitcoin and altcoin investment to get the same success like them.
Gru minions
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October 22, 2018, 09:22:29 AM
 #332

Here trust is depend on popularity. Though trust is ones personal object but when it becomes a community than people find strong trust on that.As the popularity is growing up we can say trust is developing. It is a complex technology so it is hard to learn and predict something surely. Without some unexpected issues it is trustworthy.
andrej.safronov.1990
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October 22, 2018, 09:42:11 AM
 #333

Of course can we trust cryptocurrency, but it's a matter of time, it is too early to assess the chances of survival, too small market capitalization the total market. To increase the chances for its use we can only one, I think the main trouble cryptocurrency, a large number of scammers on the market ICO, hackers stealing money, all of this greatly inhibits us.

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October 22, 2018, 10:42:52 PM
 #334

Why not? It's on a par with trust in banks. Only they have direct access to your assets, but here you can regulate everything.

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October 22, 2018, 11:07:48 PM
 #335

If you do not trust these currencies, then what are you doing in this market? I think you need to leave then

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October 23, 2018, 02:27:48 AM
 #336

People who join in the cryptocurrency have a big trust because they believe that they can get the advantage from the cryptocurrency. They can have a chance to make a profit, they can have more money, they can have another source of income, and they can have a chance to make a better life too. They can be able to keep trying to collect more money from the cryptocurrency because from time to time, the cryptocurrency will up and down many times, so it is the best chance to make more money.



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October 23, 2018, 02:33:07 AM
 #337

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?

If you want to get rich, follow the new things. Satoshi has been difficult to create blockchain technology and now it has become a great market and has made a lot of people rich by investing in the altcoins. I am very confident in the blockchain technology and its future. I believe I will get rich in this market. Hope you have the same idea as me.

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Ngewex Yuk
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October 23, 2018, 02:52:49 AM
 #338

I am sure that the future of Crypto will continue to improve so that I do not hesitate to invest in Crypto, even though it is currently difficult but I am sure that the market will soon recover.

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October 23, 2018, 03:14:42 AM
 #339

can we believe or not about crypto it actually depends on each of us, if we only see in terms of the risks that are indeed large then forever we will not believe in crypto, but if we can see a gap to gain profits through crypto then we will be able to trust crypto. and actually how much a risk depends on how we handle the risk, and need to know that any risk must be, if we can overcome the risk correctly then the risk will be small or even riskless
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October 23, 2018, 04:39:10 AM
 #340


If you are here to make money like most, then the risk needs to be high in order to get all that volatility benefit. It can be trusted but it's still early, regulations, the tech, people mindset etc are things still not yet really tested. So in that aspect it does carry risk but I feel the minute all that goes away; we wouldn't stand to make "easy money" the way it's been since the inception of Bitcoin.
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