Topic: Any ideas of what we lack in crypto world? - page 8. (Read 3271 times)

alot of cryptos are not fully anonymous . one example of that is bitcoin where you can still be traced if they search and follow your public address but if the bitcoin is mixed using a mixing service  , that would not be traceable anymore   . bitcoin or cryptos anonimity is not really a problem but its an advantage because people can have a freedom  .  i think what we only lack is the knowledge on why some people are falsely believe that bitcoin is bad and not legit .

decentralized and anonymous was main feature from cryptocurrency market.as we know in each transaction in blockchain could not tracked.it just contain tx has transaction .moreover if hackers selling their hacking result in dex exchanges.no solution to track them.

anyone catch the blockchain for voting discussion on Billions?

It is pretty obvious that we lack the ability to adapt more about Blockchain. People only tend to go here because they see that they could get a lot of money here.

THe anonymity is a problem. Many individuals here that has taken a lot of courage to scam users. This because the identity are not known and the best way for the hackers to be free from any traces to be known when they have done hacking or scamming activity. I just wish that this feature of cryptocurrency will be remove.

I think that wee need more merchants which accepting Bitcoin or other cryptocurrencies, but there is problem which coming with that, most of people needs fiat money for their products because they have to pay bills and other inputs which is payed by fiat currency.

Basically there are a lot of things to consider adding in this industry and I see that there are many exchanges that can only be accessed when someone lives in a certain region of the world. However, there are great opportunities to make a profit if there were an arbitrage exchange to execute such a trade securely and for me this is something that is missing from the industry that could help people profit and stabilize all this volatility that keeps many out of the game and also in near future.

What we need basically for all crypto currency to be as stable as possible. I mean the concept and principle of blockchains are awesome, the only problem is it's volatility. Once that happens entrepreneurs left and right will line up to get their hands on crypto currency. I jiayt hope this happen sooner rather than later.

The Blockchain technology and cryptocurrency is revolutionary, no doubts about that. The technology does not lack any significant intrinsic feature. What is needed now is the governmental approval and mass adoption to give the market a new sense of added value.

I observed crypto currencies increasingly being used in various countries with various types of goods that could be bought. This shows how strong the community wants to be able to transact directly without involving third parties, such as banks or brokers. One of the disadvantages of using crypto is the lack of internet networks in certain areas, so it cannot be used.

 The main problem is that people still see this only as a "quick way" to cash in some money, which is a completely misinterpreted purpose of cryptocurrencies. Still, until the market stabilizes, we will see all sorts of shitcoins, scams, and other types of frauds for which the whole community, which is huge and honest, will be marked as bad. We need to work on our image first. This could be done by moving the standards on exchanges, checking the products that advertise as "we made a completely new thing" and so on. Regulations from states are only confused moves made by confused people. Its not their or our fault. We need to work together to make this right, otherwise, we will be stuck in this "get rich fast" parody.

More services are needed to use crypto-currency when it will be a day-to-day business: going to the store, buying various goods online, offline, utilities, salary. I'm currently working with this project EAGLEX  .And of course need the support of a large community 

I would like to have a global exchange platform where I will be able to exchange any cryptocurrency to USD/EUR/etc. In my opinion that would be so comfortable and much better than it is right now with all those kyc procedures and the stuff on different exchanges.

I am not an expert in cryptocurrency but I understand why some countries try to ban or regulate cryptocurrency. Maybe that is because they don't want their citizens to get involved in a high risk and a volatile investment.

Your words make no sense at all. Fluctuations in the market price is due to buy and sell pressure which go on everyday.

Its not that volatile as you speak. Prices currently dropped after some stagnant run around 8k to 7.5k USD mark. Like in short term those who sold at 8k can buy at 7k and thus they are have more coins at hand for the next bull run.

If they think bitcoin is a scam then they are investors at all. Those who are real investors are going to do proper research before they invest. What you speak of are people who jump from one sector to another not finding solace in any one.

This is right you may not guess the market price movement, the highly volatile cryptocurrency that makes fluctuated every now and then.

Bitcoin is the main coin of all cryptocurrencies but this is a very high volatile coin which is not good for investment in short-term only. The lack of those investors in crypto's is afraid to invest more because of many issues on bitcoin that it is a scam. Make market worst when small hodlers are panic sellers that make a big laugh on whales in the crypto.

If you want to guess every second what is happening to the market price then you are living a fool's dream.

Crypto prices are very volatile and you cant handle it then you have to leave it. It almost a running theme now that bitcoin or crypto is a scam because its trading has high risk involved. This is not justified because market movements depend on how people are doing their trades and not what price it is at currently. You cant blame a bunch of panic sellars to be the reason an asset to be a scam.

 I think that the main thing we lack in the crypto world is that of doing that is stable in value to be used as a unit against all other coins, the bitcoin which is used for all the cryptocurrencies also has a high volatility rate which is a problem when investments in a short-term trading are considered

I think amishmanish nailed most the issues exceptionally well. In any event I totally concur with what he said. I will simply feature one major general issue as I would see it. We need information and genuine comprehension about crypto, in both innovative and ideological viewpoints. The market is totally managed by theory at this moment, and that gives it the bullish conduct everybody discusses, and creates insurance on the planet.

In the event that individuals don't feel anchor about it, it will just draw in financial specialists that need some quick benefit and wouldn't fret going for broke. That is obviously a low level of individuals around the globe, and we will never get genuine selection if crypto doesn't engage those that detest going out on a limb with their economies. At last absence of learning is obviously effortlessly abused by tricksters around the globe.

We have obviously a considerable measure of specialized issues, yet those were at that point said by amishmanish, however I don't think these eventual issues, on the grounds that if speculators knew about what is occurring with bitcoin and crypto, they would essentially be quiet since they would know advancement is en route, that could undoubtedly take care of each one of those issues. So for me, absence of information is the principle issue in crytpo world.

In learning of crypto, there are still many people don't have enough knowledge and idea about it. Where most people got scam because of don't

have any knowledge. But try to check out the top coins in cryptocurrencies in the coinmarketcap then you should know the basic things about in

altcoins that are potential one.