Topic: Blockchain technology is not a trend - page 4. (Read 1584 times)
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.
I think that blockchain is a technology trend now. People know more about it and want to use it. As new technology is developing more and more, I believe that blockchain will always be our new trend
Blockchain is recognized as the future technology of human resources. Blockchain is a technology infrastructure that is behind virtual currencies, and other digital currencies. With Blockchain financial transactions are safe without the need for third party intervention or financial institutions. As a technology for the future of human resources, Blockchain has major implications in this field in the world.
I absolutely agree with most views here. People don't need to understand what blockchain is, but let them know what it can do because, this will drive their curiosity to learn about blockchain. Projects like mfchain which is targeting mass adoption is what the community needs. Crypto community needs projects that will bring blockchain to the people.
Actually most people don't know the history and details of money but used in everyday life. The person will not know the details of the blockchain technology but will adapt to the system when it is used in daily life.
Blockchain tech is not for an average person. It is for businesses and big institutions. The avg person is a user not a creator. If businesses adopt blockchain tech, an avg person need not to know about it. The tech is only going to make things each for him. He doesnt need to know about the underlying technology unless Of course he is an investor in some cryptocurrency.
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.
Actually we considered these as another great development in current world. Yet, still a lot of things need to work on and so government will give full support on it. If everything will be fine, then blockchain technology will surely be accepted around the world. The cryptocurrency market is a clear demonstration of the evolution of blockchain technology and it is increasingly applied in the lives.
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.
The cryptocurrency market is a clear demonstration of the evolution of blockchain technology and it is increasingly applied in the lives.
Hi all,
Not many know about, my experience in the last year was anyway better, more people than I short are hearing about, but as you say, not about the technology.
Most of them are just fixed at the price and the fact that the price dropped has a bad thing. What a opportunity to go in!
We crypto fans are at a good position, far ahead in the game.
Good day.
Not many know about, my experience in the last year was anyway better, more people than I short are hearing about, but as you say, not about the technology.
Most of them are just fixed at the price and the fact that the price dropped has a bad thing. What a opportunity to go in!
We crypto fans are at a good position, far ahead in the game.
Good day.
Everyone knows bitcoin and crypto-currencies, but many people do not understand the slightest part of the crypto-currency and blockchain because they have never delved into it.
I can say that this is a downward trending effect that we have been doing recently. When many people stepped in this sector, they had entered with the goal of profit rather than technology. With the downtrend that started afterwards, many people made a switch to cash again, and this technological sense also affected the cryptocurrencies. The old popularity has not been reached, but transactions are now confirmed more quickly. I also think that we should not forget that each negative factor is another positive factor.
Blockchain is used mostly as a word for people who are afraid of using the term Bitcoin or crypto currencies since they are constantly talked about in a negative way in the media. It gives them a way to talk about how it works, without having to talk about "made up money." It's BS.
Who says its trend, its not and it wont be unless and until it gets into the real world application. Say fro example, blockchain tech is being sued for the public services, railway stations, bus station etc where machineries are being ran over the blockchain. This will be the time when people will at leats have the general idea about what it is and why it is there. Also, we know about the blockchain because we are using crypto currencies for our daily works online, this way when people start using it then they will come to know about it. Thats how it works, unless and until you dont utilise something then you dot know anything about it.
When it comes to Blockchain technology, you can see that all three types of beliefs are not fully manifested or disappear entirely. Only trust in the individual (e.g., Bitcoin users or Ethereum for transactions) is expressed at the beginning. For example, when the Ethereum system was hacked, the user asked Vitalik Buterin to respond to this. Or a rumor that Ethereum's father had a car accident and that the market capitalization was blown over $ 4 billion. Although these issues are theoretical, a Blockchain system such as Bitcoin or Ethereum would not be able to afford the future. It is unstable and volatile according to market sentiment.
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.
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.
We don't need to be trending becaue its not the viewers who decided to what the market will do but it was the investors,even millions people knows crypto but they dont invest even a cent so what is the sense?
We need investors ,its better whats the count we have now because for sure all of this are investing,even if some dont put money but still they put their time to the community
It is indeed not a trend yet because the people are not yet trusting it because they are waiting for the government or their country to accept it and legalize it because that is their assurance that it is best to have a blockchain technology but as long as the government or a country is not yet accepting then they will not treat as a trend.
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.
The statistics are changing very fast, 7 percent or more of Americans already use bitcoins, certainly more know about it. The figure in some advanced climes show similar trends
We are now in a computer generated world and i believe that people already know about blockchain technology and how it works. Maybe those who doesn't know yet are those people living in remote areas and has no idea or knowledge about bitcoin and it's technology.
I do not think that . At present the world is very interested in this technology. And this will become a trend for this market to thrive.
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