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Topic: Blockchain technology is not a trend - page 7. (Read 1584 times)

legendary
Activity: 2030
Merit: 1028
June 22, 2018, 12:10:33 PM
#31
Bitcoin always get attack my bad news and now Bithumb incident really affect on bitcoin very much.
When bitcoin's enthusiasm reach the highest peak on last December and it's continue downtrend because it's try to adjust people's demand over the world !
full member
Activity: 392
Merit: 106
June 22, 2018, 12:10:04 PM
#30
The truth of life of blockchain and bitcoin market oppression. If the mainstream wanted a trend this would be a different story that we are dealing of today. The media is paid not teaching and spreading the positive and good used of blockchain that’s why none technology savvy individuals won’t understand and will not ever heard this.

Information drive is laterally forced to be ignored and hide by the financial giants that maybe affected by blockchain.

That will never be permitted by the government officials that is dummy by banks investors to happen.
sr. member
Activity: 588
Merit: 256
June 22, 2018, 12:01:38 PM
#29
Now only a small audience of people knows about the cryptocurrency and BlockChain technology, and how to use this technology is known to even fewer people. That is why, as soon as this technology will be more famous, we are waiting for takeoff. The potential is huge.
most ordinary people will not know more about this modern technology if they have not gained evidence if blockchain technology is able to provide many benefits to its users. they will only be interested if this technology can easily provide benefits for its users, for example bitcoin is a type of digital currency that has a valuable asset value and can be sold traded so that by utilizing this technology everyone can easily generate profits, especially able to make money by doing trading on this digital currency
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
June 22, 2018, 11:12:47 AM
#28
Well it is obviously a trend. I get calls all the time about it.  Roll Eyes
There is hardly a large tech company without a blockchain group now. I don't understand what 90% of the population has to do with it. For that matter I bet 99.9% of people have absolutely no clue about how the IP protocol works, yet they use it every hour of every day. 
sr. member
Activity: 420
Merit: 255
June 22, 2018, 11:08:59 AM
#27
I disagree with the OP. Blockchain technology is a trend. But this technology is implemented only by specialists. Ordinary users are not interested in the technical aspects of cryptocurrencies. They are only interested in the end result. I think it is right. Everyone should do their job. Geniuses units and use their inventions in the millions.
hero member
Activity: 1834
Merit: 759
June 22, 2018, 11:04:54 AM
#26
It's certainly not just a trend, because it has legitimate uses and potential. I'd say it currently is a trend though. Everyone tries to use it for anything and everything though, that it just seems like they're using the blockchain just for the sake of using it because it attracts customers and investments. From ICOs with absurd proposals to full blown ponzis like Bitconnect, it just seems like everyone is trying to milk its recent popularity.

I do completely agree that blockchain technology is here to stay though. We have yet to see groundbreaking applications outside crypto, but there are be plenty of legitimate projects underway. The tech is very much still in its infancy, and it's only going to get better from here on out.
full member
Activity: 406
Merit: 102
June 22, 2018, 11:02:53 AM
#25
If you ask ordinary people then yes it is true, not all people know about blockchain technology. But with big companies, it is certainly a thing. Most of the people learned about bitcoin when it was in the hype of 17,000 USD but ended up losing instead of gaining.
newbie
Activity: 182
Merit: 0
June 22, 2018, 11:01:19 AM
#24
Blockchain technology is very good function only some people have not really feel the benefits, maybe only in some countries only. This technology if put to good use by everyone I think will be a trend.
newbie
Activity: 90
Merit: 0
June 22, 2018, 10:52:29 AM
#23
Lots of people are lack of knowledge about blockchain technology some of them thinks that bitcoin will scam their money due of many scam investments issues spread on the internet, I hope bitcoin will increase again and overtake the last year price.
sr. member
Activity: 2282
Merit: 470
Telegram: @jperryC
June 22, 2018, 10:14:15 AM
#22
Yes, many people who jumped lately in the crypto market lose their money as they dint knew the trends in the crypto industry. Most of the people just don't know what blockchain technology is or how it can power the world. Blockchain is surely a future technology which has its application in very field and has great scope in the future. So, a smart investors would never sell all his BTC when their is a dump in price but wait for a rise in the price.
member
Activity: 299
Merit: 10
June 22, 2018, 10:13:40 AM
#21
blockchain is a trend for the future.  Many areas have started to use blockchain technology to replace obsolete technologies.  However most people are involved in market only the majority are for profit.  They only know bitcoin eth xrp ... crypto. they forget the technology behind the blockchain.
newbie
Activity: 56
Merit: 0
June 22, 2018, 10:09:04 AM
#20
Now only a small percentage of people know about cryptocurrency and BlockChain technology, and how to use this technology is known by fewer people. That's why, as soon as this technology gets more popular, we're waiting to take off. The potential is huge.
copper member
Activity: 2324
Merit: 2142
Slots Enthusiast & Expert
June 22, 2018, 10:03:59 AM
#19
<...>

I just hope that the last minute investors know how to HODL. Bitcoin price surely will return to $20K and soar above that price, but the timing is unpredictable. Very sad to see how people lost their savings because of this crash. But, it's just how real world works.

HODL!  Wink
full member
Activity: 504
Merit: 102
June 22, 2018, 09:55:20 AM
#18
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 just know it that people just got in crypto just because some people told them that they could get higher returns without even studying about the things they are going to invest in.
hero member
Activity: 867
Merit: 522
June 22, 2018, 09:19:31 AM
#17
I think blockchain is the trend of the times, if today technology technology development, blockchain technology is the trend is applied in many fields of health education they are very good.

In my opinion, it is not simply a trend of the times, it is also an indispensable development trend for people to look forward to future. The application of blockchain is very large and its benefits are infinite.
sr. member
Activity: 434
Merit: 255
Live cams shows pimped with cryptocurrency
June 22, 2018, 09:02:46 AM
#16
This is the reason why I tell people about blockchain technology instead when we're discussing bitcoin and cryptocurrencies. There are many benefits of blockchain, but people are only interested in making money without really understanding how things work.
Do you want to change the situation? Not try. You're not gonna make it. Most bitcoin users will never be interested in the features of the blockchain. But they don't need that. They are only interested in the final product-bitcoin. I think it's the right thing to do. Just because I watch TV every day doesn't mean I have to understand how the TV is arranged inside or how the TV signal is transmitted.
sr. member
Activity: 1960
Merit: 329
June 22, 2018, 08:59:16 AM
#15
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.
Do not blame those who do not know how the blockchain technology works because it is not an easy technology to understand. Let us enjoy the monetary aspect of bitcoin too as we learn to master how the technology works.
sr. member
Activity: 700
Merit: 275
June 22, 2018, 08:50:08 AM
#14
Very much this is there reality. I mean people have lawyers jumped in the crypto with intentions of earning money and nothing else. If they would have started using the blockchain technology or would have been looking after its development over public ledger then things could have speeded up and we could have seen big surprises along the way. So yeah I am pretty much sure that what we are seeing here is just the public with two type one those who are actually trying to bold trend about the blockchain and another one is people who are just here to make money. 
sr. member
Activity: 532
Merit: 327
June 22, 2018, 08:35:16 AM
#13
Everything that happened with Bitcoin's price might be new to most of the Bitcoin "investors" as they are not familiar with financial markets but this actually has happened before and still is happening not only with Bitcoin but with stocks as well.
newbie
Activity: 98
Merit: 0
June 22, 2018, 08:29:08 AM
#12
I think blockchain is the trend of the times, if today technology technology development, blockchain technology is the trend is applied in many fields of health education they are very good.
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