Topic: What is the main problem with the crypto market at the moment? - page 12. (Read 19742 times)

The problem is the mainstream media they somehow easily influence the general public that bitcoin is a ponzi scheme and even gets worse when some big names spread FUD like jp morgan CEO of goldman sach's who was telling people crypto is a scam but recently bought and heavily invested in btc. So i think this whole thing is just a show to bring down the price for institutional investors to buy in cheap. Haven't you heard blockchain is getting mass adopted, facebook crypto token is coming, bakk and fidelity is investing in crypto. So I think there's a big adoption coming.

Hello.

The main problem is educating the whole world of what crypto really is. And we can't stop those people that are educating the people the wrong way and gives wrong perspective about crypto. This creates confusion for those aspiring investors who wants to get started to crypto's. Instead of being encouraged and confident about crypto's adoption in real life, those FUDs and negative perspective and opinions gives them the reason of not pursuing it. So in short, it is the FUD and fake news that comes out.

That is true. If the team will deliver then everything is fine. If we survive this deadly Crypto Winter then nothing can stop us.
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Survival of the fittest in short. On this current market condition we have seen which coin stood strong and those who die or almost hits its price to the floor.
Main problem of crypto is adoption but eventually no matter how hard we do think off we cant really go to a point that we can able to go on full scale. Cryptomarket would just retain into its
place and as part of the cycle we would really able to see between bearish and bullish scenarios.
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I have strong faith in full market adoption, hence I have invested hard and took big risk in my investment decisions. I have lost already more than £15000 due to two scams which I have invested in. At least £15000 maybe £16000.

Survival of the fittest in short. On this current market condition we have seen which coin stood strong and those who die or almost hits its price to the floor.
Main problem of crypto is adoption but eventually no matter how hard we do think off we cant really go to a point that we can able to go on full scale. Cryptomarket would just retain into its
place and as part of the cycle we would really able to see between bearish and bullish scenarios.

That is true. If the team will deliver then everything is fine. If we survive this deadly Crypto Winter then nothing can stop us.

Its the wild west as they say. Even with the regulations coming its going to stay that way and the only solution that has to be done by investors is to research which project they support. You will not mind the fud if you knew the team can deliver. So much project had been created in the past and if they survived the great crypto winter of 2018, they will survive til the adoption is realized.

Hi,
According to you what do you think is the main problem at the moment in the crypto world?
So why we don't see real life adoption yet and so on.

According to me the answer is simple. People from the general public treats crypto as a new style high risk gambling. They don't take it seriously.
Why?
I think the main reason is the moonboys and Fudsters. According to my experience as an admin (Yggdrash admin, we got over 20400 telegram member..)
unnecessary Fud and also shouting 100x and expecting 100x within weeks also does make lot's of harm to every project.
Also quite often the Fudster people who shout 0 one day next day they will be the moonboys.
This type of behaviour very harmful and misleading for new investors. Also it leads to only many disappointed new investors who will leave the crypto world entirely mainly. This will also hinder any sort of adoption at the end of the day.
As administrators and opinion influencers we should have and we have a responsibility to bring more sanity into the crypto world. What we lack of is sanity and balanced view in the crypto world. A coin either must go to the moon or must go to 0. Come on, this is so ridiculous and predictable. If someone shout fud and say this coin go to 0, this means those people want to get the coin at the cheapest possible price level. If their fud operation was successful, suddenly a week later, new people will appear who will be the classic example to the moonboys. So in Crypto everything can change and turn into upside down only within weeks or less. This is not normal and not really helpful for wider adoption at all.
As an investor since I have invested a lot into Yggdrash and other projects as well of course I believe that my investments will go to moon but it will take years for sure and also the team must deliver and this won't happen due to a magic mushroom. So I think you get what I am saying.

What is your opinion?
I think this is an important topic, and very broad topic as well.