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Topic: Is crypto Currrencies failed to solve the Problem?? - page 5. (Read 771 times)

legendary
Activity: 2240
Merit: 1069
It is sad to admit, that there are proposed use cases that are made to scam people. These are project's that does not really exists but made an ICO just to get the funds of the people they scam.

There are also projects that are real but was forced to incorporate token or crypto solutions just to get their projects funded. These projects do not really need the token to make their projects or use cases run. So in the end, tokens are neglected and the price plummets.

But there are also real projects that blockchain and crypto contribute in the use cases. These are the projects that prosper. Unfortunately, there are very few of these projects.
full member
Activity: 644
Merit: 100
not failing to solve this problem, I am sure that all will return as before, only now there may still be many investors who do not believe in the ICO project, but here there are no unresolved problems, I am sure everything will run smoothly and will return like the old coin many will provide benefits and benefits.
member
Activity: 616
Merit: 11
TRADE WITH NEGATIVE FEES
We already have bitcoin that can solve most of the payment methods one big problem and that is the slow arrival of money and high fees. I'm impressed before with those proposals on how they are going to solve problems but it seems to be identical and nothing new with their proposals, that's why didn't invested with any of those.
You have said what is in my mind.Additionally maybe the OP able to ask this because he’s confused realizing the true solution crypto has given to industry by so many fake and scam projects he encounters or we encountered already.  Grin
jr. member
Activity: 518
Merit: 3
You will be of good help to yourself if you did not invest in any project that you are skeptical about. Indeed, some projects cannot deliver what they promise, because they are vague and are only copying what others have done.
Invest in projects that a have innovative ideas.
member
Activity: 512
Merit: 10
Developing a project for being a solution for a problem is a process it takes time and lot of them out there. Of course many projects never achieve their goals and there are many projects with fake goals and solution proposals.
full member
Activity: 966
Merit: 104
Among the cryptocurrency will always be useful and in-demand coins and tokens, but there will be many useless. Certain types of cryptocurrency, especially tokens, solve certain practical problems in narrow spheres of human life. Also, cryptocurrency provides us with many additional opportunities in financial relations. Therefore, in general, we really need a cryptocurrency.
jr. member
Activity: 126
Merit: 1
Bitcoin and some altcoins are already solving problems and this is the reason why the adoption of cryptocurrencies is increasing daily. Bitcoin is able to solve the problem of payment and remittances, Ethereum is able to solve the problem of trust through smart contract and so many more
copper member
Activity: 168
Merit: 0
This is happening because of unprofessional an greedy people. Without need for a token which is created there will be no successful business. Most of the project are failing creating utility for their token. On the other hand we have many successful projects which needs time for creating successful business.
sr. member
Activity: 758
Merit: 250
But I think most of those projects that raise people's funds are tokens! Tokens makes sense when it comes to representing something of value or the like! When that does not happen, we currently have countless examples of projects that are just digital digits. This problem will be easy to solve and I think there is a future for tokens and coins as well. The market will mature to and the good things will show their true values.
full member
Activity: 1456
Merit: 148
The issue of double spending was one of the problems cryptocurrency came to solve, with this singular solution provided by cryptocurrency, to me it has fulfilled it purpose and has not failed the people. With this achievement, the cryptocurrency world will stand stronger. Although there are some coins that has failed many investor's  but not cryptocurrency in general.
copper member
Activity: 966
Merit: 14
To answer this question one have to ask, the cryptocurrency in question why was it develop? Is it fulfilling the reason why it is created? If not, then one can say it has failed. BTC didn't fail because today we now have a peer-to-peer system of transaction. ETH and host of other altcoins didn't fail either.
sr. member
Activity: 692
Merit: 254
terra-credit.com
It's not about the cryptocurrency, you may mention the exact name here. Because Bitcoin, Ethereum, EOS, BAT and many other coins are solving many problems already and many crypto coins are being accepted widely! If your intention was ICO projects whitepaper, then ignore their false words. Those words are funny to me right now, I stopped reading whitepapers, anyone can get a good whitepaper by spending 100 bucks! So, you need to check good coins and their products or working policy instead of ICO p[rojects shit whitepapers!
sr. member
Activity: 770
Merit: 250
Not all coins are able to solve some problems. We have a very large number of coins and more than half of them are worthless. They make people think that crypto is a Scam. Therefore, all beginners need to invest only in bitcoin and after they begin to understand crypto, then they can to make investment decisions regarding other coins.
full member
Activity: 925
Merit: 100
First there are many cryptocurrencies (although only few are legit) that promises one problem or the other; that is to say each cryptocurrency has a problem it aims to solve. For example, ETH introduces smart contracts which is being used by many projects now, at least one can say ETH is helping those projects to launch and build their platform. So, this is the case of other true projects.
legendary
Activity: 1386
Merit: 1058
Being a Crypto currency lover for a long time . I loved one thing people believing on solution or Solution for the problem using crypto currency . Not only believing even they were investing . But i found lots of solution were just fake promises . Lots were submitted big white paper with lots of hopes only with the intention of raising funds . Do you find any currency really solve the problem??
I think so. I mean bitcoin when it first started supposed to beat the fiat currency we were using and become something like a global currency people use for earning spending and so forth and it would be basically a currency we use. However in today's world all crypto currencies instead of solving a problem they are just "if I buy x amount today and sell when it rises 50% I will make a lot of profit" and all that.

People approach bitcoin and other coins like its sort of forex and a way to make profits and live a better life. Back in the day it wasn't about getting richer, it was about getting your freedom from governments and banks but over the years it became like those things we hate. That is the sad part, bitcoin was created against the exact thing it became itself. Kinda like pigs starting to look like humans at the end of animal farm.
full member
Activity: 1190
Merit: 100
That is if you do not analyze before investing. Disappointment will occur later when you invest. Many crypto projects are in line with expectations, but there are also a lot of projects that don't work properly. That's our fault, don't be lulled by uncertainty.
sr. member
Activity: 840
Merit: 250
I think that the biggest part of all the ICOs and other stuff promising to resolve a problem using crypto is fake. And proofs are stories of these projects.
legendary
Activity: 1484
Merit: 1004
Failure and success do exist in cryptocurrency today where there is a lot of success achieved now and basically everyone or group creates something to solve problems or anything for mutual progress and good comfort, I think Bitcoin is now in a good position in where there are many groups that try to develop and advance Bitcoin as a very useful transaction tool with minimal shipping costs being an advantage over Fiat now, maybe fluctuating prices are very difficult to repair and risky, but I keep cryptocurrency very useful now.
sr. member
Activity: 1848
Merit: 298
Buzz App - Spin wheel, farm rewards
Crypto is still a new tech and has a lot to evolve. Identifying the problems and working out the solutions are a part of evolving.
Unlike most of the new tech, crypto had a really impressive start with exponential adoption and growth in the first 10 years.
hero member
Activity: 1540
Merit: 772
I understand that you are stuck in the wrong coin, crypto money is now increasingly popular and used by many people around the world. one of them is bitcoin and ethereum. Wink
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