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Author Topic: 6 safety concerns?  (Read 651 times)
albrots
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December 01, 2019, 02:04:52 PM
 #81

Currently the most feared and have made too much worry is the scammers covering all crypto transactions. true colleague said above that many fake projects that also make fraud and make us careless and looking for loopholes to cheat. security improvements have been made but there are still many who look for loopholes in the behavior of individuals who are easily enticed by certain prizes so that they are careless.
Many new people who jumped into the crypto world are negligent and only aim to get profit. But they are not aware of many scammers who lurk them. The need for education about cryptocurrency is very necessary to avoid scammer projects. do not be interested in big discounts given by scammers.
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December 01, 2019, 04:28:07 PM
 #82

Many new people who jumped into the crypto world are negligent and only aim to get profit. But they are not aware of many scammers who lurk them. The need for education about cryptocurrency is very necessary to avoid scammer projects. do not be interested in big discounts given by scammers.
So we must not be greedy and only affected by hype and fomo. We have to really understand what we are going to do, moreover more and more fraudsters are targeting newbies to be easily deceived by investing a few dollars and will get profit many times over. Remember, there are no instant benefits, everything needs a process.

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December 01, 2019, 05:15:34 PM
 #83

I have some own concerns in the crypto space. Wallet protection is a big factor because scammers always try to find out your weak point to attack for stolen your assets. Investment in crypto currency that is my second concern because you have to know how you can be control your money safely in this space.

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December 01, 2019, 06:37:54 PM
 #84

My top concern is shitty coin that keeps coming to scam people of their bitcoin after then they dump their bad coin on investors while they go and enjoy the bitcoin. This has made investors to be fearful and new comers viewing cryptocurrency as a paradise for scammers which is not true.
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December 01, 2019, 10:52:10 PM
Merited by Rufsilf (1)
 #85

My top concern is shitty coin that keeps coming to scam people of their bitcoin after then they dump their bad coin on investors while they go and enjoy the bitcoin. This has made investors to be fearful and new comers viewing cryptocurrency as a paradise for scammers which is not true.
We can't blame them either cause that is what we could see right now. Definitely, we can't get assurance in crypto investment especially when you are investing new projects. But if you know already this kind of drama you know what would you do in order to keep safe.

And with that, I will raise some concerns that I think and most of us experiencing this one;
* Exchanges exit scam
*Sprouting of new projects( shit/scam)


Fees can be manageable (depending on the exchanges we used)
Wallet safety assurance- will also matter because it is prone to hacking but we can avoid it if we handle our keys carefully.
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December 02, 2019, 02:10:13 PM
 #86

My top concern is shitty coin that keeps coming to scam people of their bitcoin after then they dump their bad coin on investors while they go and enjoy the bitcoin. This has made investors to be fearful and new comers viewing cryptocurrency as a paradise for scammers which is not true.
We can't blame them either cause that is what we could see right now. Definitely, we can't get assurance in crypto investment especially when you are investing new projects. But if you know already this kind of drama you know what would you do in order to keep safe.

And with that, I will raise some concerns that I think and most of us experiencing this one;
* Exchanges exit scam
*Sprouting of new projects( shit/scam)


Fees can be manageable (depending on the exchanges we used)
Wallet safety assurance- will also matter because it is prone to hacking but we can avoid it if we handle our keys carefully.

--------------------------------------------
Keys must be handled very carefully. This tactic will save smart, neat and careful. But not everyone can stand it! And statistics show that the outdated key technology every year, step by step, steadily, is losing ground. It must be changed to keyless, post-quantum technologies. If everything was as good as it seemed to the crypto owners who had lost nothing, then there would not be a search for new solutions, and of course, we are watching the NIST contest on this topic.
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December 04, 2019, 03:58:49 PM
 #87

what would be your top 6 safety concerns you have in the crypto space?

whether it be like scammers? wallet protection? exchange protection ? integrity of content creators?

lets hear it . and why you think its a concern
Maybe I have lots of them, but first I don't like that the fees for transactions increases when the price is in Bitcoin. Just like during the last bull run the fees for transaction was really high, and I even paid up $8 plus for a transaction of around $300. So, I was wondering - a lot of people have said that the price of Bitcoin will increase to a million or something close to that, so will the fees also increase? Because, if I had to pay up to that amount of fees for a transaction when the price for Bitcoin is at $20,000 I might as well have to pay up to ten times or more when the price gets to what they have been predicting.

There should be lots of safety concern, we must take care for a safer stay with cryptos. It is very much similar to how we are doing in our real life because taking safety measurements for  cryptos is not having big differences from life's other things.

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December 04, 2019, 04:52:18 PM
 #88

My only concern is that china has taken steps to create their own crypto currency and banned it from exchangers and in crypto currency.
Because if this is going to be successful then other countries can follow it too and this is what I hope never happens.
ntsdm1
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December 05, 2019, 07:55:16 PM
 #89

what would be your top 6 safety concerns you have in the crypto space?

whether it be like scammers? wallet protection? exchange protection ? integrity of content creators?

lets hear it . and why you think its a concern
What does content creators have to do with it? I think this point can simply be deleted.
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December 05, 2019, 08:41:47 PM
 #90

what would be your top 6 safety concerns you have in the crypto space?

whether it be like scammers? wallet protection? exchange protection ? integrity of content creators?

lets hear it . and why you think its a concern
My major concern amongst the three points you have raised, is exchange protection. Crypto exchanges are critical to the growth and future mass adoption of bitcoin and other cryptocurrencies. If the integrity of these exchanges are not intact, adoption and growth of cryptocurrencies will be hindered as people will find it difficult to exchange their crypto to fiat and vice versa.

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