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Topic: What is the main problem with the crypto market at the moment? - page 5. (Read 19742 times)

full member
Activity: 602
Merit: 118
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?

Yes, I understand what you mean, but everyone has a different perspective, in my opinion the main problem with the crypto market is the strict regulations/prohibitions issued by the government. Even today not a few crypto users are worried and afraid of the ban, so they are reluctant to transact in open places, let alone socialize cryptocurrency. If this problem can be solved, I think mass adoption can run smoothly.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
At the moment, the main problem is the fact that investors are scared of a continuous dump in price  thereby increasing there loss some have also began to take profit in other to play safe and take part of the capital invested, thou the bull run is yet to commence, we all need o still HOLD on and be hopeful.
Agreed, lack of investment is truly a big thing that makes you feel the market is down trodden. This is true to some extent, and by the moment when value of bitcoin grows high automatically the investment flow into the market increases. This serves as a support system and carry forward the growth of bitcoin with other altcoins that are available in the market.
jr. member
Activity: 168
Merit: 1
We have reason to be hopeful. We are above 3120$.
We are actually near to 4000$. So a bull run is around the corner. Bottom is in.

At the moment, the main problem is the fact that investors are scared of a continuous dump in price  thereby increasing there loss some have also began to take profit in other to play safe and take part of the capital invested, thou the bull run is yet to commence, we all need o still HOLD on and be hopeful.
full member
Activity: 728
Merit: 101
Bitcoin is the currency of this age
At the moment, the main problem is the fact that investors are scared of a continuous dump in price  thereby increasing there loss some have also began to take profit in other to play safe and take part of the capital invested, thou the bull run is yet to commence, we all need o still HOLD on and be hopeful.
jr. member
Activity: 168
Merit: 1

I agree. Hodl. Also buy at the bottom or at the beginning of the bull run, such times which is now. I would recommend to invest into Yggdrash now if you have 0 coin at the moment. We are 96% down and our team is super active and working hard in order to launch our Mainnet at Q3.
Basically you can expect huge multipleliers. Obviously no pain no gain. Risk only what you can afford to lose.
main problem of crypto market is that new trader are falling for fomo or fud trap and are loosing money,mainly new investor are getting scammed of because of scam ico ,they are not researching or using their brain ,they are just seeing instant profit and falling to the trap.and there is misconception around crypto that when you invest in crypto you get high profit in short time ,crypto follow same rule like other assets but price fluctuation is more,you have to hold for good time to earn good profit.
hero member
Activity: 910
Merit: 505
main problem of crypto market is that new trader are falling for fomo or fud trap and are loosing money,mainly new investor are getting scammed of because of scam ico ,they are not researching or using their brain ,they are just seeing instant profit and falling to the trap.and there is misconception around crypto that when you invest in crypto you get high profit in short time ,crypto follow same rule like other assets but price fluctuation is more,you have to hold for good time to earn good profit.
jr. member
Activity: 168
Merit: 1
I agree. We are going to see soon a new, fresh and huge bull run.  Bottom is in. Go Yggdrash!


As the market matures you are going to see less and less scams. I have lost £16000 with 2 icos. So I know what are you talking about from first hand experience.
[/quote]
Due to the market situation, I guess some projects are getting affected as well that's why there's a big chance that projects will be abandoned and not be funded or it can end up into scam.
[/quote]

Right. However I expect the bulls are on their way to come back. Then we will be alright. I love it when they say, oh when the bulls are back, many project will not survive that. Really/>?Smiley Good project will moon.
[/quote]


Yes, the market can mature, but how about investors though?

2017-2019, we haven't seen any drastic change, ICO projects are still running, and majority of them are scams. Investors are still willing to put their hard earn money and then complain later.

So I don't know if we can ever see the market mature or what indications that we can say it has learn it's lessons very well. Only time can tell.


[/quote]
You are talking about other people but look at your own views are not thy so distracting so better not to think like this, 2017 price was high but it is crypto currency which has the most volatile nature and it use to get bigger and down as well, so I am sure 2019 price will be high once again, problem is negative mind set of investors who are making wrong predictions on behalf of their limited knowledge.
[/quote]
sr. member
Activity: 1236
Merit: 252


As the market matures you are going to see less and less scams. I have lost £16000 with 2 icos. So I know what are you talking about from first hand experience.
Due to the market situation, I guess some projects are getting affected as well that's why there's a big chance that projects will be abandoned and not be funded or it can end up into scam.

Right. However I expect the bulls are on their way to come back. Then we will be alright. I love it when they say, oh when the bulls are back, many project will not survive that. Really/>?Smiley Good project will moon.
[/quote]


Yes, the market can mature, but how about investors though?

2017-2019, we haven't seen any drastic change, ICO projects are still running, and majority of them are scams. Investors are still willing to put their hard earn money and then complain later.

So I don't know if we can ever see the market mature or what indications that we can say it has learn it's lessons very well. Only time can tell.


[/quote]
You are talking about other people but look at your own views are not thy so distracting so better not to think like this, 2017 price was high but it is crypto currency which has the most volatile nature and it use to get bigger and down as well, so I am sure 2019 price will be high once again, problem is negative mind set of investors who are making wrong predictions on behalf of their limited knowledge.
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino

Yes, the market can mature, but how about investors though?

2017-2019, we haven't seen any drastic change, ICO projects are still running, and majority of them are scams. Investors are still willing to put their hard earn money and then complain later.

So I don't know if we can ever see the market mature or what indications that we can say it has learn it's lessons very well. Only time can tell.
There would be always end to to this. We cant really hurry up for the entire market to mature since it would happen gradually as the time goes by.About investment matters
i cant really deny that there are still lots of ICO's exist nowadays and there are still some few who do invest with it inspite of the current market condition.
jr. member
Activity: 168
Merit: 1
Well, personally I am much more careful regarding when to invest and into what and how much.


As the market matures you are going to see less and less scams. I have lost £16000 with 2 icos. So I know what are you talking about from first hand experience.
[/quote]
Due to the market situation, I guess some projects are getting affected as well that's why there's a big chance that projects will be abandoned and not be funded or it can end up into scam.
[/quote]

Right. However I expect the bulls are on their way to come back. Then we will be alright. I love it when they say, oh when the bulls are back, many project will not survive that. Really/>?Smiley Good project will moon.
[/quote]


Yes, the market can mature, but how about investors though?

2017-2019, we haven't seen any drastic change, ICO projects are still running, and majority of them are scams. Investors are still willing to put their hard earn money and then complain later.

So I don't know if we can ever see the market mature or what indications that we can say it has learn it's lessons very well. Only time can tell.


[/quote]
hero member
Activity: 2632
Merit: 833


As the market matures you are going to see less and less scams. I have lost £16000 with 2 icos. So I know what are you talking about from first hand experience.
Due to the market situation, I guess some projects are getting affected as well that's why there's a big chance that projects will be abandoned and not be funded or it can end up into scam.
[/quote]

Right. However I expect the bulls are on their way to come back. Then we will be alright. I love it when they say, oh when the bulls are back, many project will not survive that. Really/>?Smiley Good project will moon.
[/quote]


Yes, the market can mature, but how about investors though?

2017-2019, we haven't seen any drastic change, ICO projects are still running, and majority of them are scams. Investors are still willing to put their hard earn money and then complain later.

So I don't know if we can ever see the market mature or what indications that we can say it has learn it's lessons very well. Only time can tell.

jr. member
Activity: 168
Merit: 1


As the market matures you are going to see less and less scams. I have lost £16000 with 2 icos. So I know what are you talking about from first hand experience.
[/quote]
Due to the market situation, I guess some projects are getting affected as well that's why there's a big chance that projects will be abandoned and not be funded or it can end up into scam.
[/quote]

Right. However I expect the bulls are on their way to come back. Then we will be alright. I love it when they say, oh when the bulls are back, many project will not survive that. Really/>?Smiley Good project will moon.
member
Activity: 337
Merit: 10
Bet2dream.com
I believe that the main problem with cryptocurrencies currently is scamming activities that now dominated the cryptocurrencies market.  Many people has lose significant amounts through icos investments and some of the projects did not exist outside whitepaper.  I don't think people treating cryptocurrencies as speculations of gambling is the problem but the other way round.

As the market matures you are going to see less and less scams. I have lost £16000 with 2 icos. So I know what are you talking about from first hand experience.
Due to the market situation, I guess some projects are getting affected as well that's why there's a big chance that projects will be abandoned and not be funded or it can end up into scam.
jr. member
Activity: 168
Merit: 1
Once crypto gets easy as using a credit card, we will see adoption. No adoption = problems.
I think that ETF may have effected the bitcoin, but I think that it is not the only reason causes the price to fell down, I think that that the most important is the confidence of the investors, once the investors will get confidence on bitcoin price I hope that they will again start investment there and price will hopefully start increasing.

Right confidence is going to increase with trust increasing. When Bitcoin increase 4% then altcoins will increase 12% especially Yggdrash:)
Good times ahead. Best time to invest.
hero member
Activity: 2828
Merit: 611
Once crypto gets easy as using a credit card, we will see adoption. No adoption = problems.
I think that ETF may have effected the bitcoin, but I think that it is not the only reason causes the price to fell down, I think that that the most important is the confidence of the investors, once the investors will get confidence on bitcoin price I hope that they will again start investment there and price will hopefully start increasing.
jr. member
Activity: 168
Merit: 1
I believe that the main problem with cryptocurrencies currently is scamming activities that now dominated the cryptocurrencies market.  Many people has lose significant amounts through icos investments and some of the projects did not exist outside whitepaper.  I don't think people treating cryptocurrencies as speculations of gambling is the problem but the other way round.

As the market matures you are going to see less and less scams. I have lost £16000 with 2 icos. So I know what are you talking about from first hand experience.
sr. member
Activity: 882
Merit: 269
I believe that the main problem with cryptocurrencies currently is scamming activities that now dominated the cryptocurrencies market.  Many people has lose significant amounts through icos investments and some of the projects did not exist outside whitepaper.  I don't think people treating cryptocurrencies as speculations of gambling is the problem but the other way round.
jr. member
Activity: 168
Merit: 1
I think that the main problem of crypto is it's high volatility.
This volatility issue could be said to be one of the reason why potential investors are discouraged from investing in the market, it is a turn off to them.
Tis problem is also decreasing adoption rate of the blockchain technology.

Continues high volatility is a challenge. Right, we need mass adoption. At least we need to see some sort of signs for adoption. I think it is coming however we might need to wait for another year.
copper member
Activity: 294
Merit: 1
I think that the main problem of crypto is it's high volatility.
This volatility issue could be said to be one of the reason why potential investors are discouraged from investing in the market, it is a turn off to them.
Tis problem is also decreasing adoption rate of the blockchain technology.
hero member
Activity: 2268
Merit: 579
Vave.com - Crypto Casino
A lot of things has been said about why the crypto market is facing this down trend, and a lot of them has focused on ETF approval being the main cause. But for me I just think this is a normal thing and they are just using that as an excuse.

Whether all these things they have mentioned is approved or not, the price of Bitcoin will still go up, alongside many other altcoins. This has been happening for long, but they always have one excuse or another to use for it. I just think nobody knows the cause, but as to whether the price will go up, that will happen for sure.

I totally agreed with what you said because crypto market was always fluctuated in price and every time an ATH is achieved dump in price or market correction should be always expected because some people will some to send their holding and the correction will occur to create another open doors of opportunities. Therefore, I also disagree that ETF was the cause of the previous and current market status.
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