Indeed, in the cryptocurrency market there are a lot of coins / projects that have no benefit or a working product that could bring some usefulness to society, but among the total number of coins, there are still decent ones (for example, blockchain technology) are being introduced into some areas of business and have gained great popularity and recognition. Therefore, it cannot be said that the cryptocurrency industry does not develop and the progress of cryptocurrency is standing still.
Topic: The problem of Crypto`s survival - page 2. (Read 898 times)
Even though I believe that the scam coins are just going to run dry and die off with time but there is something that bothers me which is the fact that there is no way to tell how long it would actually take these coins to die out since they are so many of them and some of them are still operating like they are the legit coins. I just hope it happens soon
There are many really good and innovative projects out there that are helping to reshape the landscape here and I do believe they will survive if they are providing real value , both for businesses and individuals. I think that many of the more rubbish projects will die off soon, especially with the sharp decline of the price of ETH, that I believe will fall lower and lower over the next couple of months, so many of the ICOS we saw happen in 2017 and 2018 will just run out of funds and die off, other good projects will remain.
This is the problem that nobody except a few altcoins has solved,,, which is to provide true value to businesses and users. Bitcoin has done that indisputably. Monero as well it solved the privacy needs and therefore continues to be a good currency. Ethereum solved the dapp need, but then we realized that not everybody can make dapps that are useful or provide value.
Great ideas do not equal great value. Sometimes, people do not want to move from old way of doing things until they find it extremely worthwhile. Killer apps?
There are many really good and innovative projects out there that are helping to reshape the landscape here and I do believe they will survive if they are providing real value , both for businesses and individuals. I think that many of the more rubbish projects will die off soon, especially with the sharp decline of the price of ETH, that I believe will fall lower and lower over the next couple of months, so many of the ICOS we saw happen in 2017 and 2018 will just run out of funds and die off, other good projects will remain.
This is the problem that nobody except a few altcoins has solved,,, which is to provide true value to businesses and users. Bitcoin has done that indisputably. Monero as well it solved the privacy needs and therefore continues to be a good currency. Ethereum solved the dapp need, but then we realized that not everybody can make dapps that are useful or provide value.
Great ideas do not equal great value. Sometimes, people do not want to move from old way of doing things until they find it extremely worthwhile. Killer apps?
There are many really good and innovative projects out there that are helping to reshape the landscape here and I do believe they will survive if they are providing real value , both for businesses and individuals. I think that many of the more rubbish projects will die off soon, especially with the sharp decline of the price of ETH, that I believe will fall lower and lower over the next couple of months, so many of the ICOS we saw happen in 2017 and 2018 will just run out of funds and die off, other good projects will remain.
Crypto has a past but we all know that crypto started to develop more in the past 2 years. I don't think that crypto will fail because for sure it will find it's way back.
Yes, crypto will definitely not fail because it shows and proof to us through it act of withstanding the government FUD and threat. Concern, the OP statement the major problem of cryptocurrencies are the governments not the developers because we both know that the crypto communities is huge and it wont be hard for us to figure out to the common hindrance which hinder cryptocurrencies to be use world wide. Besides, XRP which was mentioned by the OP got it reputation because it was centralized but sooner or later crypto currencies will prevail.
This is the right word - survival. Since all the coins are tied to ERC20 and the output is all through ether, which has depreciated below. It remains only to wait and hope that at least after the New Year it will grow in price.
Most of the coins that are struggling to survive are not really that good anyway, the coins that are very good and that have the support of the community are losing a lot of value, that is true but those coins are not at risk of disappearing anytime soon, the coins that are really struggling are those that were created by incompetent developers that do not know how to perform their job properly. 
Hello.
Despite the fact that crypto-engaged people used to say, that crypto is "very young" technology, in fact almost 10 years past from the appearance of bitcoin, so it is not young at all. However, nothing has changed actually for these ten years. We uses to talk about crypto as a "currency", but it still doesnt work as a currency.
And i think, that this fact shows us, that the current technology is far from the appropriate one, and in the future it will become the main reason for the current coins to dissapear.
Maybe the present developers will play their role of pioneers and the future generations will consider their mistakes and make the really useful crypto. To be honest: do we really have useful crypto today? At least for something... No! Only ripple comes to my mind when i speak about usefulness, but it is centralized. (however, first right step was done)
We need crypto for something really important, not only for payments, and society needs it too. I think, that the perspective spheres for crypto projects and blockchain are: cloud storages, computing power, authenticity systems (for elections, government`s money flow).
However, unfortunately, all we have are dexes, doubtful platforms and empty promises.
However, i dont think that we should afraid of the bad outcome for the bitcoin at least, because it became the digital gold not only for enthusiasts, but for the serious people too (those who knows the history of the real gold will understand me), that`s why his price will grow in the future. (but not as much as you want)
Do you agree with me? Why do YOU think the current coins will dissapear?
Thanks for attention
True, true, look how many years it took computers or the internet to expand, people in these times thought that internet is useless, that TV teletext is enough, that it offers more information than internet Despite the fact that crypto-engaged people used to say, that crypto is "very young" technology, in fact almost 10 years past from the appearance of bitcoin, so it is not young at all. However, nothing has changed actually for these ten years. We uses to talk about crypto as a "currency", but it still doesnt work as a currency.
And i think, that this fact shows us, that the current technology is far from the appropriate one, and in the future it will become the main reason for the current coins to dissapear.
Maybe the present developers will play their role of pioneers and the future generations will consider their mistakes and make the really useful crypto. To be honest: do we really have useful crypto today? At least for something... No! Only ripple comes to my mind when i speak about usefulness, but it is centralized. (however, first right step was done)
We need crypto for something really important, not only for payments, and society needs it too. I think, that the perspective spheres for crypto projects and blockchain are: cloud storages, computing power, authenticity systems (for elections, government`s money flow).
However, unfortunately, all we have are dexes, doubtful platforms and empty promises.
However, i dont think that we should afraid of the bad outcome for the bitcoin at least, because it became the digital gold not only for enthusiasts, but for the serious people too (those who knows the history of the real gold will understand me), that`s why his price will grow in the future. (but not as much as you want)
Do you agree with me? Why do YOU think the current coins will dissapear?
Thanks for attention
.
This is the right word - survival. Since all the coins are tied to ERC20 and the output is all through ether, which has depreciated below. It remains only to wait and hope that at least after the New Year it will grow in price.
Hello.
Despite the fact that crypto-engaged people used to say, that crypto is "very young" technology, in fact almost 10 years past from the appearance of bitcoin, so it is not young at all. However, nothing has changed actually for these ten years. We uses to talk about crypto as a "currency", but it still doesnt work as a currency.
And i think, that this fact shows us, that the current technology is far from the appropriate one, and in the future it will become the main reason for the current coins to dissapear.
Maybe the present developers will play their role of pioneers and the future generations will consider their mistakes and make the really useful crypto. To be honest: do we really have useful crypto today? At least for something... No! Only ripple comes to my mind when i speak about usefulness, but it is centralized. (however, first right step was done)
We need crypto for something really important, not only for payments, and society needs it too. I think, that the perspective spheres for crypto projects and blockchain are: cloud storages, computing power, authenticity systems (for elections, government`s money flow).
However, unfortunately, all we have are dexes, doubtful platforms and empty promises.
However, i dont think that we should afraid of the bad outcome for the bitcoin at least, because it became the digital gold not only for enthusiasts, but for the serious people too (those who knows the history of the real gold will understand me), that`s why his price will grow in the future. (but not as much as you want)
Do you agree with me? Why do YOU think the current coins will dissapear?
Thanks for attention
True, true, look how many years it took computers or the internet to expand, people in these times thought that internet is useless, that TV teletext is enough, that it offers more information than internet Despite the fact that crypto-engaged people used to say, that crypto is "very young" technology, in fact almost 10 years past from the appearance of bitcoin, so it is not young at all. However, nothing has changed actually for these ten years. We uses to talk about crypto as a "currency", but it still doesnt work as a currency.
And i think, that this fact shows us, that the current technology is far from the appropriate one, and in the future it will become the main reason for the current coins to dissapear.
Maybe the present developers will play their role of pioneers and the future generations will consider their mistakes and make the really useful crypto. To be honest: do we really have useful crypto today? At least for something... No! Only ripple comes to my mind when i speak about usefulness, but it is centralized. (however, first right step was done)
We need crypto for something really important, not only for payments, and society needs it too. I think, that the perspective spheres for crypto projects and blockchain are: cloud storages, computing power, authenticity systems (for elections, government`s money flow).
However, unfortunately, all we have are dexes, doubtful platforms and empty promises.
However, i dont think that we should afraid of the bad outcome for the bitcoin at least, because it became the digital gold not only for enthusiasts, but for the serious people too (those who knows the history of the real gold will understand me), that`s why his price will grow in the future. (but not as much as you want)
Do you agree with me? Why do YOU think the current coins will dissapear?
Thanks for attention
. People afraid of this market because it is very unstable and we all don't want to lose our money( I think new investors will come here only after several month of stable rates(
As soon as the market starts to grow within a couple of weeks, investors will come here again, ready to invest their money. Then another fall will occur again. It is on such unrest that large capital makes money.
I agree with your point that Cryptocurrency will be here for a very long time and that most coins now will lose their value as time goes on - this is blunt truth. Most coins now when lose their value because they don't have tangible usecase that can be easily adopted even by non Crypto enthusiasts and very soon the industry will grow far beyond speculative and it will be driven by real life applications.
If you think that the cryptocurrency will come to an end, then just sell everything you have and forget about this sphere, but if you want to stay, then stop panicking and just wait until the situation normalizes and the market recovers
Hello.
Despite the fact that crypto-engaged people used to say, that crypto is "very young" technology, in fact almost 10 years past from the appearance of bitcoin, so it is not young at all. However, nothing has changed actually for these ten years. We uses to talk about crypto as a "currency", but it still doesnt work as a currency.
And i think, that this fact shows us, that the current technology is far from the appropriate one, and in the future it will become the main reason for the current coins to dissapear.
Maybe the present developers will play their role of pioneers and the future generations will consider their mistakes and make the really useful crypto. To be honest: do we really have useful crypto today? At least for something... No! Only ripple comes to my mind when i speak about usefulness, but it is centralized. (however, first right step was done)
We need crypto for something really important, not only for payments, and society needs it too. I think, that the perspective spheres for crypto projects and blockchain are: cloud storages, computing power, authenticity systems (for elections, government`s money flow).
However, unfortunately, all we have are dexes, doubtful platforms and empty promises.
However, i dont think that we should afraid of the bad outcome for the bitcoin at least, because it became the digital gold not only for enthusiasts, but for the serious people too (those who knows the history of the real gold will understand me), that`s why his price will grow in the future. (but not as much as you want)
Do you agree with me? Why do YOU think the current coins will dissapear?
Thanks for attention
Despite the fact that crypto-engaged people used to say, that crypto is "very young" technology, in fact almost 10 years past from the appearance of bitcoin, so it is not young at all. However, nothing has changed actually for these ten years. We uses to talk about crypto as a "currency", but it still doesnt work as a currency.
And i think, that this fact shows us, that the current technology is far from the appropriate one, and in the future it will become the main reason for the current coins to dissapear.
Maybe the present developers will play their role of pioneers and the future generations will consider their mistakes and make the really useful crypto. To be honest: do we really have useful crypto today? At least for something... No! Only ripple comes to my mind when i speak about usefulness, but it is centralized. (however, first right step was done)
We need crypto for something really important, not only for payments, and society needs it too. I think, that the perspective spheres for crypto projects and blockchain are: cloud storages, computing power, authenticity systems (for elections, government`s money flow).
However, unfortunately, all we have are dexes, doubtful platforms and empty promises.
However, i dont think that we should afraid of the bad outcome for the bitcoin at least, because it became the digital gold not only for enthusiasts, but for the serious people too (those who knows the history of the real gold will understand me), that`s why his price will grow in the future. (but not as much as you want)
Do you agree with me? Why do YOU think the current coins will dissapear?
Thanks for attention
I agree, most coins currently have little to no utility. Even those with underlying utility are not being used as so due to lack of adoption and an abundance of price speculation.
Gaining trust from the people will decide the future of survival, yes people are fearing to invest in crypto currency now as they have made the mind set as the value will up more and they have lost faith in cryptocurrency. If the value pumps they will start focusing on this.
People afraid of this market because it is very unstable and we all don't want to lose our money( I think new investors will come here only after several month of stable rates(
I think that in the future everything will be with cryptocurrency and it will find its place in the society and it will be used in all day life
I would say that crypto is still young. Those years that passed was not even recognized of most. Few years ago it was recognized and people are aware of it right now. Do we have a limit on how young and old an emerging tech is?
And for its uses, what do you want other use of cryptos instead of being a viable payment? I think you are looking for adoption of its tech which is blockchain.
And for its uses, what do you want other use of cryptos instead of being a viable payment? I think you are looking for adoption of its tech which is blockchain.
I agree with you, but I also think that now there is still an opportunity for cryptocurrencies, such as we know them today, to become more stable, and then people will begin to use them more actively and more often.
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Crypto has a past but we all know that crypto started to develop more in the past 2 years. I don't think that crypto will fail because for sure it will find it's way back.
Yes, crypto will definitely not fail because it shows and proof to us through it act of withstanding the government FUD and threat. Concern, the OP statement the major problem of cryptocurrencies are the governments not the developers because we both know that the crypto communities is huge and it wont be hard for us to figure out to the common hindrance which hinder cryptocurrencies to be use world wide. Besides, XRP which was mentioned by the OP got it reputation because it was centralized but sooner or later crypto currencies will prevail.
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