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Topic: Blockchain technology is not a trend - page 2. (Read 1584 times)

copper member
Activity: 672
Merit: 270
November 23, 2018, 10:35:21 AM
I agree that blockchain technology is not a trend, because its a important understanding that needed to know deeper. As for me, trend is a kind of thing that in a snap people would be easily adopt and will be popular in an instant but sooner or later will loss its popularity. As 5o blockchain technoly, before adopting it, we should learn about its basic that for some would be boring but soon enough as they go deeper on its meaning and the benefits they can get from it,they will totally want to be part of this method
Me too, I agree blockchain technology is not a trend because if something is become trend it means it only become popular immediately and its depend its popularity because as long as many people believe then it will last but since many new trend are came possible it will not be trend anymore. Blockchain technology needs an understanding because its not like that easy to think because its needs enough knowledge before you will understand it.
full member
Activity: 432
Merit: 126
November 23, 2018, 09:35:40 AM
I agree that blockchain technology is not a trend, because its a important understanding that needed to know deeper. As for me, trend is a kind of thing that in a snap people would be easily adopt and will be popular in an instant but sooner or later will loss its popularity. As 5o blockchain technoly, before adopting it, we should learn about its basic that for some would be boring but soon enough as they go deeper on its meaning and the benefits they can get from it,they will totally want to be part of this method
copper member
Activity: 238
Merit: 1
Semi-Decentralized Exchange
November 23, 2018, 07:39:16 AM
Most of the people knows about the price value of a cryptocurrency but never understand its true technology and this is why many people are panicking. If this technology fully understand by the investors I’m sure we will go high as expected.
Yes i do agree, if all investors know and understand this technology it will go far and well developed but I think it's not yet too late.
member
Activity: 784
Merit: 10
https://streamies.io/
November 21, 2018, 07:00:10 AM
 I think the transaction will not be too difficult for us. Because the world is becoming more modern, it is normal to move from one wallet to another. It is difficult for very few people in remote places. I still appreciate the technology market creates blockchain but it was being used excessively.
full member
Activity: 952
Merit: 104
★777Coin.com★ Fun BTC Casino!
November 21, 2018, 06:33:54 AM
Talk to an average person, and 9.9 times out of 10, they’ll have no idea what blockchain is, with the exception of maybe Bitcoin. If they do know, it’s surface level details at best.

When a trend emerges, some people don’t want to wait to see how things play out — especially when there’s money to be made. Perhaps this story can be an example:

Remember the massive excitement Bitcoin last year? Speculative investment exploded. As the price soared, it gained public appeal. And legitimacy. And a lot of people made a lot of money, very fast.

Then the price dropped by 50%.

By the time Bitcoin’s value plummeted, it seemed like most people had lost faith. But that “lost faith” reaction really only happened among those who had jumped into space at the last minute, hoping to enjoy Bitcoin’s climb. People with knowledge of blockchain and cryptocurrencies saw this coming— in some way, shape, or form. Active participants in the emerging industry were hardly surprised by the plummet in price that followed. These are “growing pains” that arise with any new technology.

Unfortunately, that patience was not widespread. Many people who jumped into the industry looking to make a quick buck ended up jumping back out at its lowest slump. They chalked their ill-timed participation as the fault of blockchain being a “trend,” opposed to looking at the long-term nature of what it means to build something globally impactful — and the rising (and falling) tides that come with such a massive undertaking.

This is why, as markets begin to recover (and they already have), and new variations of blockchain technology cement themselves into our everyday lives, everyone from general consumers to high-profile investors need to have a firm understanding of the tech.

I think you're right about this, most people did not know what blockchain technology is. As what I understand, it is because of lack information drive to educate them about this trend. Also, it is because of the risk to invest in blockchain yet we have to instill that risk comes with opportunity to have a good profit in their investment.
member
Activity: 442
Merit: 10
November 21, 2018, 04:43:06 AM
I think you must not understand the blockchain. Blockchain must be a new great technological revolution for mankind. Just as the Internet did not appear, many people did not know the Internet. Blockchain is the best discovery of the 21st century.
full member
Activity: 378
Merit: 111
November 18, 2018, 03:01:18 AM
Many knew about bitcoin, less about cryptocurrency and very few about blockchain technology. I really believe that blockchain technology can help so many process in private companies and even government agencies. This technology can lessen corruption and streamline the process in order to be accomplish faster. God bless blockchain.
I think a lot of people knew about blockchain technology, bitcoin and cryptocurrency because many people are advertising it in social medias like facebook, twitter, YouTube and many more, and also a lot of people are encouraging their friends and family to invest their money crypto. So blockchain technology and bitcoin will be soon to accept by the government.
member
Activity: 456
Merit: 15
November 18, 2018, 02:59:48 AM
This view will definitely make you regret it. Most people in the blockchain don't know, I don't know, but I know the importance of the blockchain. The blockchain will be ubiquitous in life. This kind of thinking will make you miss the wave of blockchain investment.
full member
Activity: 420
Merit: 101
November 17, 2018, 06:32:44 PM
Many knew about bitcoin, less about cryptocurrency and very few about blockchain technology. I really believe that blockchain technology can help so many process in private companies and even government agencies. This technology can lessen corruption and streamline the process in order to be accomplish faster. God bless blockchain.
hero member
Activity: 1092
Merit: 501
November 17, 2018, 01:41:27 PM
Talk to an average person, and 9.9 times out of 10, they’ll have no idea what blockchain is, with the exception of maybe Bitcoin. If they do know, it’s surface level details at best.

When a trend emerges, some people don’t want to wait to see how things play out — especially when there’s money to be made. Perhaps this story can be an example:

Remember the massive excitement Bitcoin last year? Speculative investment exploded. As the price soared, it gained public appeal. And legitimacy. And a lot of people made a lot of money, very fast.

Then the price dropped by 50%.

By the time Bitcoin’s value plummeted, it seemed like most people had lost faith. But that “lost faith” reaction really only happened among those who had jumped into space at the last minute, hoping to enjoy Bitcoin’s climb. People with knowledge of blockchain and cryptocurrencies saw this coming— in some way, shape, or form. Active participants in the emerging industry were hardly surprised by the plummet in price that followed. These are “growing pains” that arise with any new technology.

Unfortunately, that patience was not widespread. Many people who jumped into the industry looking to make a quick buck ended up jumping back out at its lowest slump. They chalked their ill-timed participation as the fault of blockchain being a “trend,” opposed to looking at the long-term nature of what it means to build something globally impactful — and the rising (and falling) tides that come with such a massive undertaking.

This is why, as markets begin to recover (and they already have), and new variations of blockchain technology cement themselves into our everyday lives, everyone from general consumers to high-profile investors need to have a firm understanding of the tech.
blockchain is an economic system that uses advances in time and technology created to keep up with the times and technology of course so in my opinion the blockchain is not a trend but a necessity for the development of the era
To some extent you are right we cannot say blockchain is the only technology people are using but one more thing is we need to accept now there are system which has been suffering issues because of safety but now after switching to blockchain that unsafe feeling has become vanished and people can think positively about investing into anything, we are in modern age where all of us are living a good life, so better to adopt blockchain as new technology for the safety of our investment.
full member
Activity: 392
Merit: 100
November 17, 2018, 06:19:27 AM
If blockchain technology is not a trend, then how can bitcoin became the mainstream already? Disrupting majority of the world where some countries who embraced it already admit how their economic status has improved since then. Even if others banned the use of crypto, it still a manifestation how trending blockchain technology is.
sr. member
Activity: 658
Merit: 250
November 17, 2018, 03:12:51 AM
Talk to an average person, and 9.9 times out of 10, they’ll have no idea what blockchain is, with the exception of maybe Bitcoin. If they do know, it’s surface level details at best.

When a trend emerges, some people don’t want to wait to see how things play out — especially when there’s money to be made. Perhaps this story can be an example:

Remember the massive excitement Bitcoin last year? Speculative investment exploded. As the price soared, it gained public appeal. And legitimacy. And a lot of people made a lot of money, very fast.

Then the price dropped by 50%.

By the time Bitcoin’s value plummeted, it seemed like most people had lost faith. But that “lost faith” reaction really only happened among those who had jumped into space at the last minute, hoping to enjoy Bitcoin’s climb. People with knowledge of blockchain and cryptocurrencies saw this coming— in some way, shape, or form. Active participants in the emerging industry were hardly surprised by the plummet in price that followed. These are “growing pains” that arise with any new technology.

Unfortunately, that patience was not widespread. Many people who jumped into the industry looking to make a quick buck ended up jumping back out at its lowest slump. They chalked their ill-timed participation as the fault of blockchain being a “trend,” opposed to looking at the long-term nature of what it means to build something globally impactful — and the rising (and falling) tides that come with such a massive undertaking.

This is why, as markets begin to recover (and they already have), and new variations of blockchain technology cement themselves into our everyday lives, everyone from general consumers to high-profile investors need to have a firm understanding of the tech.
blockchain is an economic system that uses advances in time and technology created to keep up with the times and technology of course so in my opinion the blockchain is not a trend but a necessity for the development of the era
newbie
Activity: 41
Merit: 0
November 17, 2018, 02:51:40 AM
I believe that Blockchain technology will change the way people manage and grow stronger in the future and it is the great achievement of the 4.0 era.
The cryptocurrency market is a clear demonstration of the evolution of blockchain technology and it is increasingly applied in the lives.
Exactly this is one great technology that will change the economic system of my country if it is introduced. This will make the way easy for the arrival of Bitcoin and other internet companies that make lives easy.
newbie
Activity: 31
Merit: 0
November 17, 2018, 02:00:35 AM
People will never recognize blockchain technology to make transactions without them starting to use this technology to carry out various transactions in their daily lives. This technology will become a trend when everyone starts using it.

We are already using the blockchain technology during the time that we use crypto  but sadly most people didnt know it and thats the main reason why blockchain didnt become trendy however we wont know in the future   , i think if many people will constantly developing apps and software that is under the blockchain technology for sure this will greatly help to be able to recognized by the whole society .


It always happens with everything that is new in world. Some governments have approved it and others just banned. They think it would change their economic system and hence cause problems.
newbie
Activity: 37
Merit: 0
November 17, 2018, 01:58:19 AM
If people understood blockchain technology and bitcoin very well the volatility wouldn't be so huge. People would invest with some understanding, patience and caution. Some of the projects utilizing blockchain technology should find a strategy to teach their investors about blockchain to give then a clear understanding of what they are actually investing in.
Blockchain technology is a broad issue and a whole topic on its own. No need to worry about the usual up and downs about the happenings in the world of cryptocurrency. My plan is to hodl my bitcoin and  hope for the best to happen. Patience is key in order to be successful in the world of crypto.
Those who are upset with down values, I refer them to please read good about bitcoin. You people direly need to get knowledge about bitcoin. Once you would have, you would never complain.
sr. member
Activity: 616
Merit: 262
November 16, 2018, 12:08:35 AM
Blockchain technology will become the technology of the future, if you ask the public then they don't know and will definitely give a strange answer. Blockchain technology is being continuously developed and believe, Blockchain, AI, Robot, DNA reconstruction, VR, AR, and IoT is the technology of the future and will be a trend in the future...

Blockchain technology is not common knowledge and even me, I cannot exactly define blockchain technology in technical terms because I am not that familiar when it comes to the technicalities of it. I can understand though the basics of how it functions and how it can help in several industries so that their transactions would be efficient and effective. In the future though when people are more familiar with cryptocurrencies then they can easily grasp the term and be able to describe it in simplest terms.
full member
Activity: 924
Merit: 100
GoMeat - Digitalizing Meat Stores - ICO
November 15, 2018, 11:33:35 PM
If you are asking random people about blockchain, off course not all people understand about blockchain technology. For Company, Blockchain right now is new thing that they want to explore and i am believe in near future more company will use blockchain technology.
full member
Activity: 1890
Merit: 101
November 15, 2018, 06:34:20 PM
Blockchain technology will become the technology of the future, if you ask the public then they don't know and will definitely give a strange answer. Blockchain technology is being continuously developed and believe, Blockchain, AI, Robot, DNA reconstruction, VR, AR, and IoT is the technology of the future and will be a trend in the future...
jr. member
Activity: 238
Merit: 2
November 15, 2018, 05:35:46 PM
. Many people who jumped into the industry looking to make a quick buck ended up jumping back out at its lowest slump. They chalked their ill-timed participation as the fault of blockchain being a “trend,” opposed to looking at the long-term nature of what it means to build something globally impactful — and the rising (and falling) tides that come with such a massive undertaking.


The reason you have stated here is not enough reason to say the blockchain technology is not a trend. Most organisations are already planning to move their businesses in this direction.
sr. member
Activity: 462
Merit: 250
bvo.trybravo.com
November 15, 2018, 01:32:32 PM
Talk to an average person, and 9.9 times out of 10, they’ll have no idea what blockchain is, with the exception of maybe Bitcoin. If they do know, it’s surface level details at best.

When a trend emerges, some people don’t want to wait to see how things play out — especially when there’s money to be made. Perhaps this story can be an example:

Remember the massive excitement Bitcoin last year? Speculative investment exploded. As the price soared, it gained public appeal. And legitimacy. And a lot of people made a lot of money, very fast.

Then the price dropped by 50%.

By the time Bitcoin’s value plummeted, it seemed like most people had lost faith. But that “lost faith” reaction really only happened among those who had jumped into space at the last minute, hoping to enjoy Bitcoin’s climb. People with knowledge of blockchain and cryptocurrencies saw this coming— in some way, shape, or form. Active participants in the emerging industry were hardly surprised by the plummet in price that followed. These are “growing pains” that arise with any new technology.

Unfortunately, that patience was not widespread. Many people who jumped into the industry looking to make a quick buck ended up jumping back out at its lowest slump. They chalked their ill-timed participation as the fault of blockchain being a “trend,” opposed to looking at the long-term nature of what it means to build something globally impactful — and the rising (and falling) tides that come with such a massive undertaking.

This is why, as markets begin to recover (and they already have), and new variations of blockchain technology cement themselves into our everyday lives, everyone from general consumers to high-profile investors need to have a firm understanding of the tech.
Of course, this speculative rush in late 2017 harmed the credibility of cryptocurrencies, but the positive moment here is that millions of people got to know what blockchain is.
Apparently, yet another 5-10 years are needed for blockchain to be widely recognized and used around the globe, since this technology in its current state is still too immature.
More tech specialists are needed, who could not only write an Ethereum contract but implement more complicated blockchain-based systems into various spheres of our life.
So prepare your popcorn and watch the victorious march of crypto..
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