Topic: The most frustrating thing about crypto - page 10. (Read 4357 times)
For me, the most frustrating is after an ICO has finished and the required funds were raised
that the Team does not work as they promised. They are not in hurry anymore with the project
progress as they should be and enjoying in their new offices. Luckily, it is not in general.
I am disappointed in the cryptocurrency that many coins are very low, and at the same time a large Commission, so I now avoid such exchanges and wait for good options.
And that is exchanges who are keeping coins/tokens hostile for a long period of time. When I deposit or withdrawal from an exchange often times it just keeps it in pending status. Now I'm waiting for an idex deposit, 4 hours passed. My worst case was a withdrawal at cryptopia which took 30 days.
Crypto is not ready to be adopted by the masses. Lots of suicides would be the result...
With IDEX, I have never had a problem. Maybe you need to increase the commission on GAS or GWEI. You can always check it out on the ethgasstation.info website. There were no problems with Cryptopia either. Crypto is not ready to be adopted by the masses. Lots of suicides would be the result...
What prevents to make various operations with cryptocurrency on other exchanges, although it is quite possible that it was not because of the exchange, but because of the number of gwei!
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
I think the frustrating thing about crypto is when I sell alt coin with cheap prices and the next day it increases by more than 200% profit.
sometimes I feel mocked by crypto.
sometimes I feel mocked by crypto.
That will make us be frustrated because we don't have any chance to make a profit when the price is back to the higher price. I have the same experience as you in the past. But now, I think I can handle my frustration and I can stay calm for this, but in the past, after I can handle this emotion, I have the other frustrating type. That thing is when I see the price is down too deep and I am too late to sell at the highest price. And fortunately, now I can be patient to wait for the price to increase again.
I think the frustrating thing about crypto is when I sell alt coin with cheap prices and the next day it increases by more than 200% profit.
sometimes I feel mocked by crypto.
sometimes I feel mocked by crypto.
I think you should add postage in order for quick entry. And the thing that is most frustrating of course made me a lot of scams and coin prices declined. The thing which might be felt everyone because of the time and their struggle to end up with a result that leaves them disappointed.
And that is exchanges who are keeping coins/tokens hostile for a long period of time. When I deposit or withdrawal from an exchange often times it just keeps it in pending status. Now I'm waiting for an idex deposit, 4 hours passed. My worst case was a withdrawal at cryptopia which took 30 days.
Crypto is not ready to be adopted by the masses. Lots of suicides would be the result...
How easy it is to manipulate it. If you have couple billion dollars and you want to play with the price of bitcoin it would be too easy for you to manage to get it done.Crypto is not ready to be adopted by the masses. Lots of suicides would be the result...
If you want to create a new ICO and get a lot of funds than you can just hire the best tech people and best marketing people with graphic designers and give out facebook ads, google ads, even twitter ads and get the famous bitcoin/crypto people to talk about how great you are and than pay the news websites to talk about your coin and even pay the mainstream media to talk about your futuristic amazing new ICO and than you will get hundreds of millions of dollars from funding and recover that loss because all of that money is yours anyway. This is for just getting free funding, think how easy it must be to trade.
I agree, I also sometimes wait for transactions for a very long time. I've certainly never had a 30-day waiting period for a transaction like yours, but still a few hours is also a very long time.
It seems to me that it is possible to raise a lot of difficulties, which today, unfortunately, are still trying to probably deceive people more than to give them an opportunity to earn money, because now such time and in the future will be even worse.
The most annoying thing in crypto is that we trust our money to the crypto exchanges. After all, this is just a website on the Internet. Difficult built, reliable. But if the Internet collapses, all the cryptography will disappear in one day. However, I think that this will not come.
I think the main unpleasant thought about cryptocurrency is that it can be an experiment on us. All this will be over soon and will cost one cent.
And that is exchanges who are keeping coins/tokens hostile for a long period of time. When I deposit or withdrawal from an exchange often times it just keeps it in pending status. Now I'm waiting for an idex deposit, 4 hours passed. My worst case was a withdrawal at cryptopia which took 30 days.
Crypto is not ready to be adopted by the masses. Lots of suicides would be the result...
Crypto is not ready to be adopted by the masses. Lots of suicides would be the result...
I think the most frustating thing about crypto is the price is falling down. It will make people panic . People always become so nervous if the price is collapse. They become lose their mind if this kind of situation happen.
Maybe, that's the lack of consistency when it comes on the market value of cryptos. It surely frustrates many people especially those who have invested and are now losing profit due to the continuous market downfall. Being patient is really advisable but we just can't really blame those who are worried and scared at times like this.
And that is exchanges who are keeping coins/tokens hostile for a long period of time. When I deposit or withdrawal from an exchange often times it just keeps it in pending status. Now I'm waiting for an idex deposit, 4 hours passed. My worst case was a withdrawal at cryptopia which took 30 days.
Crypto is not ready to be adopted by the masses. Lots of suicides would be the result...
Crypto is not ready to be adopted by the masses. Lots of suicides would be the result...
I think the most frustating thing about crypto is the price is falling down. It will make people panic . People always become so nervous if the price is collapse. They become lose their mind if this kind of situation happen.
frustrating ....... 
the current course course is driving me crazy. up, down, up, down, red, then green and red again. and that already since february. my nerves are at the end. i will now wait and see what happens until march 2019. i will not buy coins any more in this crazy year
the current course course is driving me crazy. up, down, up, down, red, then green and red again. and that already since february. my nerves are at the end. i will now wait and see what happens until march 2019. i will not buy coins any more in this crazy year
Exchanges are most frustrating thing about crypto, and are arguably antithetical to what crypto was supposed to be about. They centralize an entity that was supposed to be trustless. They also stand as the easiest target for governments and hackers and banks to attack cryptocurrencies
Personally for me the most frustrating thing was such huge amount of scam and FUD. I thought it is somehow regulated..
If you are expecting this market to be regulated then you are in the wrong market, bitcoin was created to bypass regulations and any form of censorship that banks and governments could imagine, that is why it still exists if they governments had found a way to regulate or to kill bitcoin then they should have done it already, so even if they try to regulate it they are going to fail so unfortunately scams are going to be part of our everyday lives for a very long time. 
For most people, the worst thing that happens to cryptocurrencies is the collapse of prices. I agree that while that cryptocurrencies are not ready to mass conversion all the people.
Maybe you put low gwei and gas fee in idex, that's why it took a long time to complete transactions! If you put high gwei then your transaction will complete very fastly. I had this issue once but I figured out and happy with idex. Cryptopia is the worst exchanger to me, the house of signal scammers! You may avoid this exchanger, Bibox, kucoin are far better than cryptopia, they took low fees with speedy transactions facility!
Jump to: