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Topic: Is there any chance to build a great marketplace in times of crisis? (Read 852 times)

legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
Me too loosing idea to build great marketplace to attract people because the idea should be original and can restore investor confidence to buy crypto again and it's difficult to do so and regarding the crisis i think i can not against it and only can following the market movement whether it will be down or up until expect the situations will much better than previous year
hero member
Activity: 1092
Merit: 501
When the rate is continuously dropping down and investors all over the world keep selling their tokens in the hope of not finding them out of funds, it's getting harder and harder to believe crypto has bright future.

What are the possible outcomes regarding the crisis, esp cryptocurrencies-wise and why they were actually invented for, namely,  free exchange of funds with no borders and taxes, shops where you can pay without commissions and other things?  We all saw a surge in ICO projects, each of which promised a real use of the crypto. Where are they now?

What are your thoughts and opinions on the future of crypto? Looking forward to hearing from you guys.
This is just a small setback, I know that is difficult to not take this personally when many have supported cryptocurrencies for years and it does not seem likely that we are going to see a huge development during the next year but you must recognize that revolutions take time and something like bitcoin will not become the main currency of the world in just a few years, such development will take decades at best.
full member
Activity: 1106
Merit: 166
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When doubts and questions arise, when you are looking for answers and trying to understand and anticipate the development of finances, there is the surest way to do this - look back in time, read about similar events in the past. All kinds of crises have already happened once and only by knowing the history of the development of the economy can you protect yourself and your money in the future.


We cannot do anything against the price drop because it is uncontrollable by anyone what can we do now be with the flow of the current see it will very helpful for them to make any other distraction and helps for the earning methods learning.
member
Activity: 476
Merit: 19
When doubts and questions arise, when you are looking for answers and trying to understand and anticipate the development of finances, there is the surest way to do this - look back in time, read about similar events in the past. All kinds of crises have already happened once and only by knowing the history of the development of the economy can you protect yourself and your money in the future.
hero member
Activity: 2422
Merit: 875
Yes this is the best time to make a marketplace, this blockchain technology is revolutionizing the world and the marketplace can only be built with the help of new technology entering in the market and various developments being done

More good news, more adoption and more use cases of bitcoin and other altcoins will result in more market-cap and this will result in increase in volume plus price together.
sr. member
Activity: 2422
Merit: 357
Crisis means a dropped down and unhealthy market thats why building a great market place in times like this is hard, although it is possible. We all know that a low price market is the best opportunity to buy because of the buy low sell high policy and if all people takes an advantage with that, the market will go alive again.
hero member
Activity: 2352
Merit: 905
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The problem is that some people look crypto as an only investment option like market shares and etc but they forget that crypto, for example bitcoin is payment way too. It's very simple compared to others + your privacy is protected. You can easily convert money into bitcoin and buy what you want so even when crypto falls, I don't think it can be considered as a barier for creating a new marketplace.
newbie
Activity: 6
Merit: 0
Yes this is the best time to make a marketplace, this blockchain technology is revolutionizing the world and the marketplace can only be built with the help of new technology entering in the market and various developments being done
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
If you are looking to create a place which can act as payment medium with no expense to increase the prices then it may not do the job,more people will come to spend or sell their coins for now which make the prices to go lower.But having such market place will really increase the use of cryptos for the paymet system.
When a marketplace is attractive enough (in terms of easiness and convenient) then it will get more users for spending cryptos but it does not mean it will help to prices to go lower but it will enable more people to adopt cryptos for the reason of using such a marketplace. Similarly I believe, building a great marketplace in the times of crisis is not a big issue but it may not attract more new users how it would suppose to be performing in the times of rising market conditions.

Condition of overall market scenario is more important for the success of any business because sailing on opposite current is more difficult for anyone. A positive market condition will convince more people to start adopting a new marketplace whereas at the times of crisis, it is obvious that most people want to stay away from trying out new things.
sr. member
Activity: 2520
Merit: 280
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If you are looking to create a place which can act as payment medium with no expense to increase the prices then it may not do the job,more people will come to spend or sell their coins for now which make the prices to go lower.But having such market place will really increase the use of cryptos for the paymet system.
newbie
Activity: 1
Merit: 0
You need a little perspective in times like this.

Let's take into account the massive rally late last year and into January of this year.
Bound to be a hangover that the market needs to work through.

No doubt some opportunists took advantage of the hype to raise quick money through ICO's
However there are also probably a great deal of solid projects and considering the early stage
of their development it will take time for them to deliver results in terms of token price.

Having said that, STO's will be a bit of a game changer as we will have Tokens backed by real assets
generating real income/yield/growth and that is going to make markets interesting.

In the meantime be a visionary and if you believe in the underlying technology and the teams behind them, have patience.
Alternatively, if you can sift through the many tokens that raised money early in the year and are now trading at fractions
of their earlier prices, then do your homework and pick ones that will emerge with real functionality.

newbie
Activity: 53
Merit: 0
I am currently looking for ways to save what I've earned in crypto so the topic is highly handy for me.  Even restored my profile after a while lol
My personal thought is we need to rebuild the whole system by transferring all the fund from fiat to crypto-based marketplace platforms. If anyone of the experts or just users out there are aware of such affordable yet cool options, please let me know.
newbie
Activity: 26
Merit: 0
When the rate is continuously dropping down and investors all over the world keep selling their tokens in the hope of not finding them out of funds

the price will increase when there is a lot of demand and this can take a lot of time, something like years, if you Hold for the next 5 years, you can see big profits and no losses because the price in 5 years can be more than $ 25,000. But many people want to see the price increase every day and they get anxious. Look at the crypto world, every time the price drops people enter in panic, because they want to see price increases every day

yeah. exactly my point. we've seen the fifth shutdown now, most of the investors and community members of the ico chats are in a panic as well/ just don't see what the trick is Wink patience is key. i always say this to my co-workers or mates in the chats, they never believe. then the price goes up an woah, it's was the right thing to do. I mean to hodle
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
When the rate is continuously dropping down and investors all over the world keep selling their tokens in the hope of not finding them out of funds

this has always been a big risk that people should know before investing in cryptos. If something goes up from $1000 to $ 20,000, of course it can also fall from $20,000 to $ 1000, that's a risk people should calculate
 
it's getting harder and harder to believe crypto has bright future.

the price will increase when there is a lot of demand and this can take a lot of time, something like years, if you Hold for the next 5 years, you can see big profits and no losses because the price in 5 years can be more than $ 25,000. But many people want to see the price increase every day and they get anxious. Look at the crypto world, every time the price drops people enter in panic, because they want to see price increases every day



member
Activity: 207
Merit: 10
See everyone here is pretty much optimistic about how potential crypto is.

So what if we aren't able to make it work again?

Positive attitude and belief is the main thing. After all, behind every project there are people

I agree that it is important for each of us to have a positive attitude and belief, however, are these two traits enough for the crypto market to survive, grow and get back up? Would you say that what we are experiencing as of this moment is some sort of a cryptocurrency market collapse?


they are definitely not
as we are going through the crisis we will need much more than the positive human qualities only!
jr. member
Activity: 196
Merit: 4
See everyone here is pretty much optimistic about how potential crypto is.

So what if we aren't able to make it work again?

Positive attitude and belief is the main thing. After all, behind every project there are people

I agree that it is important for each of us to have a positive attitude and belief, however, are these two traits enough for the crypto market to survive, grow and get back up? Would you say that what we are experiencing as of this moment is some sort of a cryptocurrency market collapse?
full member
Activity: 406
Merit: 100
When the rate is continuously dropping down and investors all over the world keep selling their tokens in the hope of not finding them out of funds, it's getting harder and harder to believe crypto has bright future.

What are the possible outcomes regarding the crisis, esp cryptocurrencies-wise and why they were actually invented for, namely,  free exchange of funds with no borders and taxes, shops where you can pay without commissions and other things?  We all saw a surge in ICO projects, each of which promised a real use of the crypto. Where are they now?

What are your thoughts and opinions on the future of crypto? Looking forward to hearing from you guys.

Investors will not allow losing all their money as they will sell when the market seems not performing good to get a part of their capital. Therefore it's difficult to predict that a good marketplace will survive if those investors will jump-off the ship if the weather is not good. I think we can only see a good marketplace if we can see that the volatility of crypto has been stabilize as those investors will not afraid to invest or adopt cryptocurrency.
newbie
Activity: 28
Merit: 0
Nope the BTC is not going down anymore.

As usual, there are several possible variants of how it all can turn out

I think the whole decentralization dogma will be changed or adapted to the market realities soon.
newbie
Activity: 16
Merit: 0
depends on what your goal is. Are you an entrepreneur or a a yourself let's say?
newbie
Activity: 42
Merit: 0
probably it'll be hard to build a decent marketplace right now as we are all going through the crisis and kinda never-ending semi-drop of the Bitcoin, but I'm sure we will be able to sometime later. The prognoses are fairly optimistic.

Experts say it's time to invest your money before the price will go up again.  It's like seize the moment thing.
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