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Topic: Just a reminder '' Cryptocurrency'' - page 3. (Read 522 times)

hero member
Activity: 1638
Merit: 518
February 11, 2019, 04:12:14 PM
#10
,,,,,,,

basicaly yes, you are true
but , nothing is free bro
how u create a transaction without someone mined the blockchain,that why born a miner
how u secure ur transaction without buying the crypto first,that why born a market.
everything can change by time,
about crypto it self,
basicaly its same like electric voucher , like grab voucher or something like that.
the diffrence its crypto have a own network.
that why crypto is easy to be manipulated,
in this cases, its same like gold as a beginning,
change primitive economic thinking that focuses on barter.
and after trading to gold accepted,born a money based on how much u have gold to make it simplified
on that time,
greedy is born, once they know gold has a limited numbers.
...
well
in the end, crypto will acceptable.
jr. member
Activity: 434
Merit: 2
February 11, 2019, 02:35:25 PM
#9
Thank you for this bitter truth, it might not appear as something people want to see but that is the truth, we need to get back to the drawing back to the basis if this technology will develop the more.
member
Activity: 487
Merit: 10
February 08, 2019, 04:32:44 PM
#8
I believe that despite all the bogus claims in many projects whitepaper on how they want to be the 9th wonder of the world, the fact remains that cryptocurrencies were developed for secure and decentralized financial transactions and thats the core value
member
Activity: 364
Merit: 10
February 08, 2019, 03:52:47 PM
#7
Well, what are the suggestions to help the technology? I think that for most people, cryptocurrencies are just a way of earning money and the interest in popularizing cryptocurrencies is only of its own nature for profit.
member
Activity: 756
Merit: 13
DIFX - Digital Finacial Exchange
February 08, 2019, 03:26:46 PM
#6
Yeah the basic function of a cryptocurrency is transparent, instant, cheap and global transfer of money or asset that is not interferred by any government, bank or regulator and this concept define decentralization and at the same time the borderless vision behind crypto.
member
Activity: 191
Merit: 12
February 08, 2019, 03:01:11 PM
#5
ya I defintiely agree with what you are saying and how we can't lose sight of the true purpose of cryptocurrency. Have you ever heard of ampleforth? it's a great project that I think aligns very well in what a true cryptocurrency should play out in the world.
full member
Activity: 980
Merit: 109
February 07, 2019, 01:08:17 PM
#4
Well, the author of the topic, you created this discussion. But what exactly do you propose to do?
I would say that the idea of cryptocurrency needs popularization. Most people do not understand what it is, why it is needed and what problems it can solve. Therefore, I suggest that everyone who figured out the issue of cryptocurrency, explain this topic to their friends and acquaintances. And so the world will gradually prepare for a blockchain revolution.
jr. member
Activity: 126
Merit: 2
February 06, 2019, 10:58:03 AM
#3
The huge to get rich by all means through the use of cryptocurrency as thrown out crypto sphere into a state of loss instead of profit and benefits of technology that should have sustain us for a very long time to come,there are so much we could have benefit from cryptocurrency and blockchain technology but greediness on the part of many has made it just mere dream
sr. member
Activity: 1680
Merit: 278
February 06, 2019, 08:02:17 AM
#2
As you menntion in your post, this is the reason of the proliferation of scams.. with all "wanna-be-rich" in a while that pot threads like "tell me a coin to make a x1000 return". Before investing in anything, ask yourself about the case of use of this project.. it is useful? solves a problem? will be accepted massively? For me, the best of cryptocurrencies is the lack of requiring a third party, this will lower the price on many many many many many sectors
jr. member
Activity: 149
Merit: 2
February 06, 2019, 07:55:58 AM
#1
A cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.
Unlike what many are thinking, crypto is meant to make transaction easy for the world at large, also eliminating third party influence, an alternative to fiat, we are suppose to see it that way and not as an investment, it suppose to be a priviledge to make profit out of it not see it as a way to get wealth and that would have help the technology to grow and attract the right support, but it is a pity that the crypto sphere is full of so many greedy people appearing to be dev and investors, no wonder we have so many fake projects and no wonder some people somewhere we feel that manipulating the market is the best they can do to the crypto sphere.This is a technology that has the potential to change the face of financial transaction, but because of greediness, we have empower the opposition to make a claim that crypto is a scam
So many are ignorant of what cryptocurrency is and the problem it was meant to solve, some are even exploring the forum searching for projects that can make them rich without knowing what crypto is all about, the purpose for it and the problem it mearnt to solve, and that is why many are investing into fake ICO, they never care to find out the purpose the project was develop, the problem the project want to solve and if proposed solution is relevant to it target area.I just hope we can do something to help the technology.
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