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Topic: The problem with cryptos - page 3. (Read 541 times)

sr. member
Activity: 539
Merit: 255
February 23, 2018, 10:00:51 AM
#31
The first problem that cryptocurrency encounters at some stage of its life path is scaling. Number of transactions increased, channel bandwidth limited and unstable. As a result, money from the owner's wallet can "hang" in space for several days, and large transactions are forced to queue up to complete the transaction.
From a technical point of view, no one and no regulator regulator can use cryptocurrency. However, parties can easily finance websites, flows, enforces logical transactions and so on. Whose position will ultimately be stronger? Only time will be able to answer it. And this works for cryptographic sake, which grows daily because of Investors and the awakening awareness of the public. Hand in hand, financiers are tired of new things in the world of traditional money.
Cryptocurrencies are supposed to usher in an rights and opportunities, prosperity, and mass cross-border payments. Whether this will come to pass in the next decade depends entirely on what happens now.
Whether the current crypto environment can support that need is still to be seen but with the rise of new funding methods, secure person-to-person transactions. I’m thinking 2018 and beyond will be far brighter than we can imagine.
member
Activity: 322
Merit: 15
February 23, 2018, 09:58:55 AM
#30
For me, the main problem of the cryptocurrencies here is that major investors are cashing out their money for the value to decrease and later on to grab more bitcoin and then to rise the market again and again. It's suffering well it's basically a strategy on the market.
full member
Activity: 346
Merit: 102
February 23, 2018, 09:54:03 AM
#29
The first problem that cryptocurrency encounters at some stage of its life path is scaling. Number of transactions increased, channel bandwidth limited and unstable. As a result, money from the owner's wallet can "hang" in space for several days, and large transactions are forced to queue up to complete the transaction.
From a technical point of view, no one and no regulator regulator can use cryptocurrency. However, parties can easily finance websites, flows, enforces logical transactions and so on. Whose position will ultimately be stronger? Only time will be able to answer it. And this works for cryptographic sake, which grows daily because of Investors and the awakening awareness of the public. Hand in hand, financiers are tired of new things in the world of traditional money.
Cryptocurrencies are supposed to usher in an rights and opportunities, prosperity, and mass cross-border payments. Whether this will come to pass in the next decade depends entirely on what happens now.
full member
Activity: 602
Merit: 100
February 23, 2018, 09:17:02 AM
#28
In my opinion, the crypto market cap is suffering because the general public are not entering the market and embracing blockchain.
Ray Kroc, the founder of McDonald’s gave hamburgers and french fries to the masses using a PHYSICAL PRESENCE.
Bitcoin has more presence than other coins and is therefore number 1.
There is a coin that has a physical rebranding concept and the coin is in its infancy. The coins business model has its merits. People participated in their free ICO and now people are starting to buy the coin based on the vision.
As a part of the www.bitcoinfuji.com team I can tell you we are extremely dedicated and the ecosystem is paramount.
Rebranding includes products, retail businesses, building naming rights,etc. The Asian markets are ripe for this and more receptive than Western markets. It’s all about getting a name in front of people and having an ecosystem that is uncomplicated and appealing to everyday people. Take a look! Thank you for your time.

Another promotion of coin? I expect that in 5-10 years crypto will become more popular among general public and market cap will rise dramatically. I can't say that now it is suffering, look at the last year, capitalisation made 10X
legendary
Activity: 1932
Merit: 1737
"Common rogue from Russia with a bare ass."
February 23, 2018, 09:08:03 AM
#27
There are many "problems with crypto": the existence of pseudo schemes and their echo chambers on threads like this is one of them.

Are you the enlightened one?

Good guess.
 Grin
jr. member
Activity: 294
Merit: 3
February 23, 2018, 09:07:05 AM
#26
There are many "problems with crypto": the existence of pseudo schemes and their echo chambers on threads like this is one of them.

Are you the enlightened one?
legendary
Activity: 1932
Merit: 1737
"Common rogue from Russia with a bare ass."
February 23, 2018, 08:51:12 AM
#25
There are many "problems with crypto": the existence of pseudo schemes and their echo chambers on threads like this is one of them.
full member
Activity: 476
Merit: 101
www.daxico.com
February 23, 2018, 08:40:43 AM
#24
There are really many ICO that pop almost everyday with a concept that is just almost completely the same to the others. Once this cryptocurrency will be listed on exchanges, it will undergo a stiff competition against its competitors that if the team behind it has almost less knowledge on how to promote it, will likely make this token obsolete and useless at all.
newbie
Activity: 84
Merit: 0
February 23, 2018, 08:34:46 AM
#23
Together we win and divided we fall, if you are trying to bring BTC down in order for you to promote coin. I don't see how Bitcoinfiji is different from many of the current list of Altcoins because they soon realised that talk is cheap

You say the Altcoin promoters talk and are not action oriented.
Do not underestimate www.bitcoinfuji.com
We don’t give in easy and did not raise capital in a fake ICO like so many.
We are seasoned individuals that work with passion. It is not about money it is about winning!
jr. member
Activity: 294
Merit: 3
February 23, 2018, 07:53:56 AM
#22
Crypto do not accept in some countries, and Bitcoin prices are always up and down, so there is some problem in crypto.
There are fewer knowledge about Bitcoin in different countries. This is the main problem in crypto.


Yes, knowledge and visibility
hero member
Activity: 2128
Merit: 530
PredX - AI-Powered Prediction Market
February 23, 2018, 07:48:20 AM
#21
Together we win and divided we fall, if you are trying to bring BTC down in order for you to promote coin. I don't see how Bitcoinfiji is different from many of the current list of Altcoins because they soon realised that talk is cheap
newbie
Activity: 88
Merit: 0
February 23, 2018, 06:30:13 AM
#20
Crypto do not accept in some countries, and Bitcoin prices are always up and down, so there is some problem in crypto.
There are fewer knowledge about Bitcoin in different countries. This is the main problem in crypto.
jr. member
Activity: 65
Merit: 1
February 23, 2018, 06:04:57 AM
#19
The first problem that cryptocurrency encounters at some stage of its life path is scaling. Number of transactions increased, channel bandwidth limited and unstable. As a result, money from the owner's wallet can "hang" in space for several days, and large transactions are forced to queue up to complete the transaction.
From a technical point of view, no one and no regulator regulator can use cryptocurrency. However, parties can easily finance websites, flows, enforces logical transactions and so on. Whose position will ultimately be stronger? Only time will be able to answer it. And this works for cryptographic sake, which grows daily because of Investors and the awakening awareness of the public. Hand in hand, financiers are tired of new things in the world of traditional money.
jr. member
Activity: 294
Merit: 3
February 23, 2018, 05:25:55 AM
#18
In my opinion, the crypto market cap is suffering because the general public are not entering the market and embracing blockchain.
Ray Kroc, the founder of McDonald’s gave hamburgers and french fries to the masses using a PHYSICAL PRESENCE.
Bitcoin has more presence than other coins and is therefore number 1.
There is a coin that has a physical rebranding concept and the coin is in its infancy. The coins business model has its merits. People participated in their free ICO and now people are starting to buy the coin based on the vision.
As a part of the www.bitcoinfuji.com team I can tell you we are extremely dedicated and the ecosystem is paramount.
Rebranding includes products, retail businesses, building naming rights,etc. The Asian markets are ripe for this and more receptive than Western markets. It’s all about getting a name in front of people and having an ecosystem that is uncomplicated and appealing to everyday people. Take a look! Thank you for your time.


The crypto markets do not have enough liquidity and need new market entrants
newbie
Activity: 98
Merit: 0
February 23, 2018, 03:51:25 AM
#18
www.bitcoinfuji.com says:

There is a theory that:

Perceptions are realities!

The best way to illustrate is:

1 + 1 = 2

If 1000 people think that the answer is incorrect the perception becomes a reality in the minds of the 1000 people.
If 1 person says it is true the 1000 people look at that person as an idiot.

On that basis it is perception that drives demand in crypto land and not the quality of a project.
jr. member
Activity: 294
Merit: 3
February 23, 2018, 02:22:11 AM
#17
I think the problem is that ICO, new projects, people with no knowledge. Everything is very new so there is an unpredictability in the market which also causes institutional investors not to enter in market right now.
If you are talking about the fake ICOs i agree with you, but the ICOs its self is good it is new model investment in digital coins, new generation of IPO on stocks markets, the investors whom interested in ICOs, they must do research about the ICOs projects, this method (ICOs) is very easy, simple than IPO. So i don't think the ICOs is a problem with cryptos currencies.

Many coins have no future because the promoters have the money and made up a story to get it.
hero member
Activity: 854
Merit: 522
February 23, 2018, 01:04:34 AM
#16
I think the problem is that ICO, new projects, people with no knowledge. Everything is very new so there is an unpredictability in the market which also causes institutional investors not to enter in market right now.
If you are talking about the fake ICOs i agree with you, but the ICOs its self is good it is new model investment in digital coins, new generation of IPO on stocks markets, the investors whom interested in ICOs, they must do research about the ICOs projects, this method (ICOs) is very easy, simple than IPO. So i don't think the ICOs is a problem with cryptos currencies.
full member
Activity: 504
Merit: 102
February 23, 2018, 12:52:31 AM
#15
people's understanding of crypto is still very minimal, for example when I educate them about crypto and other things like trading, mining and investment in ico to the people and family, the average of them do not understand and I am even accused of gambling, they also considered the work to be absurd. but I realize that internet access in my area is not evenly shared by the people, I am always patient to respond to their ridicule and hope someday they will be aware and able to open their minds about crypto, especially the technology it uses, namely Blockchain.
full member
Activity: 854
Merit: 100
February 22, 2018, 11:27:09 PM
#14
I believe it's just because of what the general public are: fearful. That's why there are only a few successful people, because they fear too much and not have their eyes on what could go in value in the near future. I think the term is "hunter-gatherers."
member
Activity: 205
Merit: 10
February 22, 2018, 11:24:11 PM
#13
In my opinion, the crypto market cap is suffering because the general public are not entering the market and embracing blockchain.


I think it is because that most people are not ready to embrace the change, cryptocurrency are new to most of us. And most of the time we tend to be stagnant to what we already have and what we already use, and it is fiat. It's safer, reliable and its forever. But if most of the crowd would willingly participate in activities related to cryptoworld It would be a big help for us for the crypto community who are completely inclined with this change.
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