Topic: What is the main problem with the crypto market at the moment? - page 9. (Read 19744 times)

I don’t think adoption is really a problem to the crypto market and I also don’t think it was meant to be a currency like some people claim. All these people saying all that are just some cryptocurrency fans that never get their facts right before spitting it out lol.

The only thing might be a problem is the volatile nature of cryptocurrencies, but to me that’s not really problem as long as I’m investing in the best coins, especially the top coins like Bitcoin and ETH. Volatile nature will remain intact for near future too as this is how basic concepts of cryptocurrencies was designed. We need to accept and bear it if we decide to adopt cryptos.

The main problem with the crypto at the moment that the lackness of new investors because dumping situations new investors fear to invest.hence market volume will not increase then the main problem create.

Okay. That is your position. We cannot make community opinion better, but we may help to resolve some position about crypto.
|Cryptolaboratory team|

Well in London people do pay min contactless. With their contactless visa card. So that visa card can be replaced by a Contactless Crypto card. Probably you live in a different country.

Cryptocurrency is not physical and I don’t think people are ready to adopt it the way it is. Majority of the people are not ready to be using devices anytime they want to make payments in a store , they prefer to pay with cash. And there are lots of business that prefers the current system cause it works best than making use of crypto. Trying to explain this will be a very long story and I’m not going to do that right now.

So you may just wait for solution of community.
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Well right mate we are the people who are the main reason for high and low market ratting. If we will hold out coins and we will not sell them at panic then everything will again gets better too fast but as i said now is great time we can buy more coins to store and late on we can sell high at the same time the problem of panic selling will be resolved.
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Sure, I agree. Community is crucial. Also hodl your coin. I am a big hodler and I did pay a huge price for my hodling strategy so far, but I will reap the rewards in the bull market:)

Well right mate we are the people who are the main reason for high and low market ratting. If we will hold out coins and we will not sell them at panic then everything will again gets better too fast but as i said now is great time we can buy more coins to store and late on we can sell high at the same time the problem of panic selling will be resolved.

Cryptolabs opinion:
We think the main interesting thing(problem) of Cryptomarket is lack of legal regulation, lack of security markets and permissiveness of big guys.
Of course you may say for protect about blockchain tech and more-more-more, but actually it is does not give safe position for crypto community.

|Cryptolaboratory team|

Sure, and bitcoin is the most stable one. Other altcoins moving 100% within a month. Yggdrash as well. So this is an amazing opportunity at this price point. We are early adaptors.
[/quote]Unrelated but you keep mentioning about Yggdrash, why the enthusiasm about this project? Are you part of the team?

Why would you recommend this coin rather than any other coin on the market at the moment? I cannot say I found much solid info about it.
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Also I forgot to mention one great news.

https://twitter.com/YggdrashNews/status/1082540723998605312

 #YGGDRASH's #YEED was nominated as one of the Top 3 Coins from '2018 Korea's Best Coins' by Korea Coin Awards! So this is great and superb achievement despite of the huge fall in our market price.
Well you know, the smart people buying in when something is cheap and not when something is overpriced. We are superbly undervalued.

Obviously there is no profit without risk. No pain, no gain. Also I look at my altcoins and Ethereum and Yeed as a currency and I want to be able to buy services and items in the future with them. Our ultimate goal is function as a currency and not only a toy to play with but a real power which transform the whole society and economy.

[/quote]Unrelated but you keep mentioning about Yggdrash, why the enthusiasm about this project? Are you part of the team?

Why would you recommend this coin rather than any other coin on the market at the moment? I cannot say I found much solid info about it.
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We were at 0.0000005 Eth at Bilaxy which was a huge crash, now the price back to 0.00000279 which is still very cheap but higher than that super low price. For that mega low price Yggdrash is a no brainer.

Am I part of the team? I represent the team in London, I am an Ambassador to the team, also I am one of the early investor into the project. I have invested a lot during the pre-sale, which was not that much but that time it was a lot to me especially on that super expensive Ethereum price.
Later I bought more and again more and more. Dollar Cost average. The price kept falling and falling. At the moment we are at 0.06x so it is mega cheap.
We have a very strong domesticated Fud team who is working hard to spread Fud related to us, which is nice. Like when Ethereum was new they have also faced with enormous Fud.

If I want to be frank, I must admit, we have one issue which is not Fud and real, which is the following that the team requested to stop deposits on Bitsonic. It was one of our first exchange and South Korean one with huge volume. Since then we are going down. The question is when will the team to request the  re-enabling of the deposit on Bitsonic. Then we will instantly achieve a 3x for sure. Minimum.
So to summarize it we have a revolutionary technology , Mainnet Q3 2019. At the moment despite all of these good qualities it is quite risky to invest into Yggdrash due to the Bitsonic issue which is not fud. The rest is all fud and nonesense such as exit scam and all the rest of the nonesense. If you manage to buy Yggdrash at bottom price that is good since then you can achieve 2-3x very fast even without Bitsonic which have happened today as well. I couldn't buy any Yggdrash at those bottom prices.

There are fraudsters everywhere, they don’t only exist in the crypto world, they are everywhere.
First of all, you should know that crypto–currency is not a currency, so don’t expect everyone to be making use of it. Then as for not getting mainstream adoption, I think that’s because of the volatility, based on personal research, a lot of people don’t like Bitcoin or any cryptocurrencies because they are volatile.

Most of these people find it interesting that they will make money from it (in fact, quick money if there happens to a Bull run) but the fact that they can also lose at the same rate at which they can achieve it scares them out. People wants profit without risk, only investors understands that you need to take risk at times.

Sure, and bitcoin is the most stable one. Other altcoins moving 100% within a month. Yggdrash as well. So this is an amazing opportunity at this price point. We are early adaptors.
[/quote]Unrelated but you keep mentioning about Yggdrash, why the enthusiasm about this project? Are you part of the team?

Why would you recommend this coin rather than any other coin on the market at the moment? I cannot say I found much solid info about it.

Yes, soon we will increase despite of all uncertainty. Such as Brexit no deal risk, all the big ones are failing such as Apple, Amazon and so on. I think we are heading towards another huge financial crash when the Crypto world can excel.

The problem is not only in the crypto markets, the problems are everywhere now. Oil is getting cheaper, the EU is disintegrating, China is increasing its influence, prices are falling in all markets. Last year showed what cryptocurrencies are capable of, so many countries were simply not ready to lose the influence of their currencies and values, joint decisions were made and the policy of restraining the development of digital currencies is supported by the most influential people of our world. Now crypto markets are experiencing a period of capture and distribution of influence, you just have to wait a bit and the situation will become clear very soon.

We should find out the reasons why adaption is the main hurdle in crypto currecny. If you analysis you will find the bitcoin price is changing every day. You bought bitcoin at 4000$ and next day it can be 3800$ or 42000$, we never know. This much movement in the price is certainly not good for the adaption as people like to use money which is stable in value.
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Sure, and bitcoin is the most stable one. Other altcoins moving 100% within a month. Yggdrash as well. So this is an amazing opportunity at this price point. We are early adaptors.

We should find out the reasons why adaption is the main hurdle in crypto currecny. If you analysis you will find the bitcoin price is changing every day. You bought bitcoin at 4000$ and next day it can be 3800$ or 42000$, we never know. This much movement in the price is certainly not good for the adaption as people like to use money which is stable in value.

Thanks for your encouragement. I need to start to make money with this as well:)

There is no problem with Bitcoin, people just to make it a problem for themselves and that’s none of my concern, I only care about myself and not what people thinks. This is working for me, so I gotta keep in investing in it as long as I’m making money from it.

That it doesn’t work for them doesn’t mean it is not working for me. Yes it is volatile and a lot of people complain about that,but I don’t really care,this is an asset and what do you expect?

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Volatility is a gift to the market at the current stage, not something that works against us. Stable prices at this stage do more harm than good, and we have seen that play out more than once already.

Volatility translates into volume and more interest. Stability translates into low volumes and less interest. People are here for a reason, and that reason is what will continue to attract people in the coming years.

Just browse through social media and this forum when there is no volatility--people get bored and focus on other things. Stability will come when use becomes the main reason for people to be here, which will take years.
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Well I look forward to the time when for instance YGGDRASH and other altcoin project's product will be used in our everyday life. Like I can buy bread for Yeed and so on;) At the end of the day Crypto is a radical idea and we want to change the whole world. It is not less than that. Create a new currency out of thin air. Amazing concept.