The most frustrating thing in the crypto is the market in the red zone, the price has always declined and for a long time. this is very frustrating, as if there is no hope anymore.
Topic: The most frustrating thing about crypto - page 18. (Read 4388 times)
The most frustrating thing and one its major limitations is that it can be easily manipulated, and this is why we keep going back and forth with it. Until this is rectified, if it can be, Cryptocurrencies might just keep moving in and unending circle, which might not be exactly a good thing for it.
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...
If such a thing is what you feel, maybe you should move on to another bigger exchange like binance or bittrex. but note, some exchanges usually use their own mining to speed up trx.Crypto is not ready to be adopted by the masses. Lots of suicides would be the result...
So, choose an exchange that you think has a good reputation.
Yes, this can be really frustrating but we should be patient because some of this delay are caused by congestion and sometimes network. Congestion and bad network can really slow down the rate of transaction but when it is fixed, it falls back to normal. Another frustrating thing about the crypto market is the rise and fall in price of coin and it is only experience and patience that can help someone make good profit in crypto.
The most sad thing that can be is that today in the market you can very much lose everything that you had before. I am sure that today you can do it on the market, as the market is full of scammers.
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...
You should use exchanges with a good background like Binance, Bitfinex, Bitstamp, Kraken etc. and don't use doubtful ones like Cryptopia.
The most annoying thing about cryptography is psychological puzzling and skepticism. Along with the distortion of the market from the competition of the bears. Dominance always forms in an invisible void.
Manipulation is the most unpleasant in the market of crypto-currencies. The control over the market is established. The market wants to sell to 6000 dollars for Bitcoin.
Just has you have said there are some things that piss one off in cryptocurrency,apart from the fact that it is not readily accepted my many there is also the frustration thing if waiting for a long time before the token you possess get listed in exchange and then start trading. Very frustrating and can make one wait for months.
For people, who worry on any trifles, investment into cryptocurrency aren't recommended. Yes, blockchain technology is still imperfect in application, but in the beginning of the development of the Internet its speed was only 5-10 kilobytes per second and many people also did not believe in the prospect of its widespread worldwide.
I think things like that are still in the usual stage and not frustrating. There is still another way out of this problem by looking for another exchange. There are many risks in the world of Kryptocurrancy in the unexpected price drop in the world trading market that gives them a lot of pressure, similar to the investors in their company.
some people suffer losses due to panic and sell them cheaply. I think it is the wrong thing. Now, the market price is down and frustrating many people. I think at this time it would be better if we hold the crypto we have and sell it if the price goes up again.
You said right, because its so big problem that deposit not credit. Sometimes its so fast, but sometimes it takes so huge time. People getting fraustration for this situation.
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...
don't know about cryptopia, but i think idex transaction depends on ETH network, and ETH network itself still goes badly for now. gwei is up a lot and we need more time to do transaction with small fee Crypto is not ready to be adopted by the masses. Lots of suicides would be the result...
The fact that these transactions are not exactly instant is one of the major reasons why cash will always have an advantage over crypto. However, I want to believe that the system is still growing, and with time, this wouldn't be an issue anymore.
indeed now and then it is a significant huge issue for a few people, the market you said above not utilize in light of the fact that it is as per my companion, numerous issues there, so it is smarter to take in other trade, as opposed to having issues in the trade
Well, this type of problems can simply be avoided by trading on god exchange platforms.
The most frustrating for me is buying a pump coin only to wake up the next morning to see its value fall heavily.
The most frustrating for me is buying a pump coin only to wake up the next morning to see its value fall heavily.
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...
Many people experience that but I think the problem is not on exchanges sometimes it's our fault that's why we need to extra careful of any our transaction mostly about in trading in any exchange. Crypto is not ready to be adopted by the masses. Lots of suicides would be the result...
Sometimes, it can be annoying, most especially when it lingers for too long and you try to communicate with the team of the exchange without any response.
I use idex often and i have not noticed such. I think the main reason could that your gas price was too low. I often times use the recommended gwei.
Jump to: