Topic: What are the possibilities of why blockchain technology will not come trough? (Read 272 times)
August 03, 2017, 12:50:03 AM
Most ico investors are inexperienced and do not realize what they are buying. Throughout history a company will have at least have protype of a product before running an ico. Now in this ico crazed market everyone is investing in ideas. The "companies" often do not have the skill or knowledge to produce their idea. Let alone the ico's that are straight scams in which no actual development was ever intended. Now the us government has ruled that tokens are securities. They are now regulated. Although that will not stop the scammer. The very few companies that do plan on completing the project will take years before completion. Many people are investing thinking the code can be written by one person in a few months. That is so far from reality it is laughable.A clear example is eos. Which is taking in 15000 eth a day. The investors are receiving ethereum tokens. Eos is called the ethereum killer. Since the terms of eos ico clearly, state you are buying an ethereum token. You have no right and will not receive a token that will be used on the eos network..
August 03, 2017, 12:16:47 AM
Hacking attacks or such extreme things are not so important. Even if nothing happened to market, most of the projects will fail ordinarily. This is very normal and people should be aware of this.
August 03, 2017, 12:01:10 AM
I am constantly looking for answers and doubts as to why i would stop investing in this technology.
The hype is real so people should be aware of the dangers it holds. It surtanly looks promassing but what dangers lay ahaid?
* Government controle?
* Wales desciding what coin/project will come through?
* Hackers and how?
* No real finished project/ addoption.
*...
If hackers finally break the system will there be a pauze of the chain and possible fix? Or will things be f*****?
If Hypothetically crypto becomes addopted what is the effect on government and if government descides it is taking huge proportians and they need to step in, what will the effect be?
If i were a billionaire, wouldn't it be wiser to just join some elitegroup and copycat some etherium lookalike... so i can get some free coins and live from the hype?
Why would teh masses use hese technologies? I can pay groceries now already in seconds with my card. Apart from the fact that banks controle my cash is there any other reason why i would swich to crypto?
I am interested to know your views about this.
The hype is real so people should be aware of the dangers it holds. It surtanly looks promassing but what dangers lay ahaid?
* Government controle?
* Wales desciding what coin/project will come through?
* Hackers and how?
* No real finished project/ addoption.
*...
If hackers finally break the system will there be a pauze of the chain and possible fix? Or will things be f*****?
If Hypothetically crypto becomes addopted what is the effect on government and if government descides it is taking huge proportians and they need to step in, what will the effect be?
If i were a billionaire, wouldn't it be wiser to just join some elitegroup and copycat some etherium lookalike... so i can get some free coins and live from the hype?
Why would teh masses use hese technologies? I can pay groceries now already in seconds with my card. Apart from the fact that banks controle my cash is there any other reason why i would swich to crypto?
I am interested to know your views about this.
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