What cryptocurrency needs most nowadays - page 2.

evdoksi

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Quote from: hamza987 on March 15, 2018, 03:06:52 PM

Cryptocurrency needs proper identity verification
It's the most common thing needed it's the main reason that is stopping CRYPTO to enter real world.

It will certainly increase the users but is in contrast to the vision of developers. They wanted the transactions to be anonymous to make it difficult for bank to trace it.

victorski

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In my particular country I thing we need more and deeper understanding of how cryptocurrencies are operating

Semaj123

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Quote from: H0USE on April 25, 2018, 06:42:45 AM

There are many things that are required by cryptocurrencies nowadays if they want to grow in this existing volatile market like recognization by people on mass scale which will boost demand and prices of coin.Other things are security,indentification of investors to prevent fraud.Most likely as said above the funds to be secured on wallets and exchanges which are owned by group of persons which might turn down all you money within seconds.So for growth of this crypto market we need a lot things for which we need time.

Cryptocurrencies already been increasingly becoming popular due to its more usage and functionality. In terms of security, since our assets are in the digital wallet, we can't fully can guarantee that it is 100% safe and I think that should be what the programmers/developers should focused. In terms of growth, well, we already know that we can really can gain huge amount of money if we invest it in long-term basis. I can only guarantee the top 5 coins.

senne

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Quote from: maculeth on April 26, 2018, 05:12:36 AM

legality of the government and also positive news from media and world leaders. because crypto is currently in need of a lot of support when prices are falling.

Without any doubt, this is the most prior thing we need for cryptocurrency these days i.e. Government support and media supporting rather than degrading its image in front of newbies which makes them more afraid and away from cryptocurrency. Media creates an image which portrays bitcoin as illegal way of investment or used for money laundering.

News like https://www.forbes.com/forbes/welcome/?toURL=https://www.forbes.com/sites/ralphjennings/2018/04/26/china-is-tightening-its-grip-on-cryptocurrency-to-promote-rather-than-purge-it/&refURL=https://www.google.co.in/&referrer=https://www.google.co.in/

further ignite the topic, I think government should help the market to grow rather than trying to demolishing as it will be a useless step.

maculeth

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BountyMarketCap

legality of the government and also positive news from media and world leaders. because crypto is currently in need of a lot of support when prices are falling.

cluit

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Quote from: Trimegistus on April 24, 2018, 02:11:20 AM

Quote from: kimochidesh on April 23, 2018, 09:53:58 AM

According to me, all that cryptocurrencies need is the support from the government and countries. The negative attitude of the government towards cryptocurrencies is the major hindrance in development of the cryptocurrencies. Also, there are many loopholes in the crypto market like security issues. But these problems can also be fixed easily with the supportS of government.

Central banks and governments are feeling threatened by the rise of crypto assets. The banks are losing investors and trading fees, the governments are loosing taxes. It won't be easy, specially with all the scams and criminal activities which are using crypto to make a profit.

There is nothing to deny about this thing that banks are quite threatened by the crypto currencies and that they can really see their future getting in dark because of the reason that most of the people are shifting towards crypto currencies and that they are not keeping their money into the banks and we can really hope that the crypto currencies can lead the world in a better way.

H0USE

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There are many things that are required by cryptocurrencies nowadays if they want to grow in this existing volatile market like recognization by people on mass scale which will boost demand and prices of coin.Other things are security,indentification of investors to prevent fraud.Most likely as said above the funds to be secured on wallets and exchanges which are owned by group of persons which might turn down all you money within seconds.So for growth of this crypto market we need a lot things for which we need time.

Supercrypt

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Quote from: huanzhong644306 on April 16, 2018, 03:05:46 AM

I think cryptocurrency needs the government's support most!

Benign regulation can prevent hackers and fraudsters from exploiting the dispersion of cryptocurrencies and using it to commit crimes.

A good investment environment will bring more investors to the cryptocurrency market.

Obviously government at some point or the other will just have to show that support but we cannot expect some full support and the highest level of support we can ever get is the whole thing with regulation which is apparent they would want to make use of to benefit them-selves in the long run.

The stage we never planned for is where we are getting at and this is because human nature itself cannot be controlled no matter how good the idea of decentralization sounds. Scammers, greedy investors, gullible ones, are already taking up the space and ruining the whole idea, but let's see how regulation is going to end up playing out in all these.

reality18

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Quote from: hamza987 on March 15, 2018, 03:06:52 PM

Cryptocurrency needs proper identity verification
It's the most common thing needed it's the main reason that is stopping CRYPTO to enter real world.

Right, and the more reason for the regulations from the governments and other popular platforms like facebook and twitter. These bodies fear that crypto mislead people due to the anonymity in crypto. Once a proper identification system is built, the interest of the governments will be geared towards crypto and from there, crypto can easily enter the real world as envisioned.

Trimegistus

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Quote from: kimochidesh on April 23, 2018, 09:53:58 AM

According to me, all that cryptocurrencies need is the support from the government and countries. The negative attitude of the government towards cryptocurrencies is the major hindrance in development of the cryptocurrencies. Also, there are many loopholes in the crypto market like security issues. But these problems can also be fixed easily with the supportS of government.

Central banks and governments are feeling threatened by the rise of crypto assets. The banks are losing investors and trading fees, the governments are loosing taxes. It won't be easy, specially with all the scams and criminal activities which are using crypto to make a profit.

kimochidesh

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According to me, all that cryptocurrencies need is the support from the government and countries. The negative attitude of the government towards cryptocurrencies is the major hindrance in development of the cryptocurrencies. Also, there are many loopholes in the crypto market like security issues. But these problems can also be fixed easily with the supportS of government.

yvesp110

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Quote from: Cult on April 15, 2018, 07:36:24 AM

I believe two major things crypto needs now are mass adoption and institution of reputation (in order to minimize the damage from scammers).

The only thing which can help the entire crypto market in much better way is none other than that of the increase in the demand of the crypto coins in the international market and that can only happen when the awareness rate of the crypto coins will be increased in the international market. You need to make more people aware of the crypto coins so that they should also start investing their money into it.

surfinonmyownwavebaby

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Quote from: huanzhong644306 on April 16, 2018, 03:05:46 AM

I think cryptocurrency needs the government's support most!

Benign regulation can prevent hackers and fraudsters from exploiting the dispersion of cryptocurrencies and using it to commit crimes.

A good investment environment will bring more investors to the cryptocurrency market.

You seriously want more government intervention? While I do want more investors to enter the market, I don't see why we need government support. They had their chance to support the cause for the first 7-8 years but they didn't. The only reason they are "supporting" crypto now is because their greedy butts see opportunity to make some money. Nothing new and we should have expected it but nonetheless I don't for a second think we should have more government intervention, they will only make things worse. Worse of all the laws they implement are already obsolete, which makes their invention utterly futile.

Dudeperfect

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I believe that it is the time when we should retrospect over selves and focus on it as a currency but unfortunately most of us are busy in using it as a speculation instrument. I am not against it but the core of crypto is all about transferring values from one point to another and we are not focusing on it. This is the fact that we are still in the development phase and we have a long way to go but we need to put our first step as a mass user base with that intention to make that happen.

huanzhong644306

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I think cryptocurrency needs the government's support most!

Benign regulation can prevent hackers and fraudsters from exploiting the dispersion of cryptocurrencies and using it to commit crimes.

A good investment environment will bring more investors to the cryptocurrency market.

supermine

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Quote from: Wexnident on April 16, 2018, 01:48:02 AM

Quote from: hamza987 on March 15, 2018, 03:06:52 PM

Cryptocurrency needs proper identity verification
It's the most common thing needed it's the main reason that is stopping CRYPTO to enter real world.

Probably that will be the best thing that are needed in cryptocurrency which is the proper identity and can be additional to this is to have a much suite and much better regulations therefore it cannot easily using by some worst people in their illegal transactions. As we known that there are a lot of news that regards to crypto involvement that's why some other peoplpe are afraid or hesitate to have an involvement in crypto world and maybe the reason why some government are really banned it in their respective countries.

I don't think the proper identity needed to use crypto currencies then what is the use of decentralized it is almost like old and more worse than the fiat money system.So we don't need identity if we have then people may think that then what is the difference between currency and new and why we need to move to a new system.But governments are really scared of economical crisis not the terrorist activities that is the reason they are banning crypto currencies.

Wexnident

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Quote from: hamza987 on March 15, 2018, 03:06:52 PM

Cryptocurrency needs proper identity verification
It's the most common thing needed it's the main reason that is stopping CRYPTO to enter real world.

Probably that will be the best thing that are needed in cryptocurrency which is the proper identity and can be additional to this is to have a much suite and much better regulations therefore it cannot easily using by some worst people in their illegal transactions. As we known that there are a lot of news that regards to crypto involvement that's why some other peoplpe are afraid or hesitate to have an involvement in crypto world and maybe the reason why some government are really banned it in their respective countries.

romeo23

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I think there are many of them and buying only one of few of them would be a mistake. Also it depends on the level of the experience you have in the crypto investment. If you are not that much experienced, then you’d better start with something more classic, like bitcoin, ethereum, neo might be considered.If you want to make it more interesting, consider participating in the ICO in this case. Follow several channels for the review, consider different projects and then invest.

Bobby park

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Quote from: justin86 on March 15, 2018, 02:55:58 PM

Decentralized exchanges are the ones needed most, we are trading decentralized coins in centralized exchanges Grin

but no worry we have great dex OAX developing

This is the irony in cryptocurrency. We are promoting decentralization in coins but we are using centralized exchange. The goodness of having a decentralized exchange is to secure from the attempting by the owners to steal our exchanges. That's why, it is not advisable to keep your coins at centralized exchange. More over, a lot of decentralized exchange are existing right now. I oftentimes update all ICO that is related in exchange because I know someday, centralized exchange will gone and it will change by Dex.

warrior333

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Quote from: carlisle1 on April 15, 2018, 12:02:15 PM

Quote from: hamza987 on March 15, 2018, 03:06:52 PM

Cryptocurrency needs proper identity verification
It's the most common thing needed it's the main reason that is stopping CRYPTO to enter real world.

how did you say that?identity verifications wasnt need this and its against the law of cryptocurrency,were here because of privacy,this anonymity is why the investors attracted to be here because they are tired of banking system.and now youre telling us to have identity verification

I support you, too. Bitcoin should not be allowed to cease to be a confidential currency. If someone is afraid of scammers will be possible to organize a transit server, which will freeze the funds until you confirm the transaction. But it will be a separate business that has nothing to do with the General rules of bitcoin.

Topic: What cryptocurrency needs most nowadays - page 2. (Read 616 times)