Topic: What problems cryptocurrency will face in the near future? (Read 2472 times)
It will suffer more government oversight due to its explosive growth in the near future, which will promise a truly vibrant market.
I can not predict nor know what it will be like in the next five years, because crypto can not be predicted and crypto problems will continue to emerge, now crypto has problems and problems with the government. many governments in some countries do not agree with this crypto, as the government restricts crypto travel to higher rates.
the next problem coming is regulation and taxation system. although some country already made crypto trading legal, but i dont think they will let it go so easily.
I think the problem cryptocurrency will face in the near future is that to make people understand what is cryptocurrency is and how it works. Today's generation, I think people won't believe in cryptocurrency easily and how to make them trust cryptocurrency because they will think its a scam.
The adoption of cryptocurrency by the masses will likely happen in the near future but the problem of irreversible transactions and hacking of wallets by holders of crypto who compromise their wallets are some of the problems we are likely to face in the future.
the biggest challenge in my opinion has always been the large number of shitcoins that keep being created and all the scams that they are performing so that they can make more money by scamming the newcomers. this in general is making the whole market look worse.
I am totally agree with you on this. There are 100s of shit coin out there and every new day the number is raising. The most dangerous thing could be this. Some one should solve this problem otherwise the market would go down.. The coin telegraphs news is very strange and when i read it i really feel unhappy.. 80 percent is too high :/
"New Study Says 80 Percent of ICOs Conducted in 2017 Were Scams"
https://cointelegraph.com/news/new-study-says-80-percent-of-icos-conducted-in-2017-were-scams
I agree with some people here, one of the big problems in the world of cryptocurrency is ICO fraud. Because I think, that will reduce crypto's popularity. Maybe because of that, many countries are starting to think about making regulations for crypto. In order for all forms of deception to be away from crypto.Of course, it must be without eliminating the nature of cryptocurrency, namely decentralization
I think some people would have become so used to stealing other people's cryptocurrency. I am saying this based on the current rate of scam and because more vulnerable individuals would have joined the cryptocurrency world by then.
If bitcoin is accepted by a large number of people in future the problem we may encounter is transaction speed, if the issue of scalability is not solve now it will be difficult to handle in future.
the problem can be overcome by a transaction fee level. If you want a fast transaction, you have to pay a high fee. Another problem that is more dominating I think is about government recognition and the many negative news circulating regarding cryptocurrency, which greatly affects prices.
In my opinion, one of the main problems with which the cryptocurrency market has already encountered is the ability to influence the rates of coins from the largest holders. This contributes to cryptocurrency volatility, financial losses among smaller market participants and other negative consequences.
If bitcoin is accepted by a large number of people in future the problem we may encounter is transaction speed, if the issue of scalability is not solve now it will be difficult to handle in future.
currently, work is underway to conduct small transactions in bitcoins, not as a main, but in parallel with the list.
I think the first thing is that the war with governments and banks of nations is not over yet. We will face more types of shitcoin and come with it as phishing projects. AI can help more but we should not be too dependent on it
Specifically in the next 5 years, what do you think will be the greatest challenge or problem that the crypto market will face, and how do you think the market will overcome this problem? I also wonder if AI can help crypto trading safer and free from hacking and scamming?
In my opinion everything will be fine with the internet and crypto community I think it could be less than 5. If the Federal Reserve collapses it will be a domino effect on banks around the world. The challenge and question - are Governments “quietly” prepared?
I hope that in the near future bitcoin can be protected from hacking, but it seems to me that the problem with scalability remains the most important one on the market
Specifically in the next 5 years, what do you think will be the greatest challenge or problem that the crypto market will face, and how do you think the market will overcome this problem? I also wonder if AI can help crypto trading safer and free from hacking and scamming?
The problem with hacking and scamming will not end, And what can be the biggest problem of bitcoin in the future is the rapid collapse and increase caused by bitcoin price manipulation.The adoption of cryptocurrency by the masses will likely happen in the near future but the problem of irreversible transactions and hacking of wallets by holders of crypto who compromise their wallets are some of the problems we are likely to face in the future.
This is one of the things that can be the problem in the future the transactions of hacking issues but it must be solved. Many things could be the problem about crypto just like the legalization, adaptions in other country and others but we cannot really predicts the future of crypto.
If bitcoin is accepted by a large number of people in future the problem we may encounter is transaction speed, if the issue of scalability is not solve now it will be difficult to handle in future.
Bitcoin maybe suffering in the near future and to accept the negative effects from the bad thing that the government would not really accepted the pretty good finance proven and given by bitcoin.
I think the main obstacle is legalization. 
Also interaction with the religions of the world. Islam doesn't recognize cryptocurrency fraud. for Muslims it is haram.
But for example I heard that Stellar recognized halal.
Also interaction with the religions of the world. Islam doesn't recognize cryptocurrency fraud. for Muslims it is haram.
But for example I heard that Stellar recognized halal.
Some of the negative effects, bitcoin would suffer in the near future includes continuous government interference and more negative news from people who don't believe in the dream of bitcoin and cryptocurrency as a whole. These are some of the few issues I forsee in the very near future.
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