What problems cryptocurrency will face in the near future? - page 11.

ubay

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Quote from: Herbert2020 on October 09, 2018, 01:49:59 AM

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 agree with you, only a few altcoins are promising and should be owned. And other coins will die slowly because that is a coin scam.

samuraijin

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Quote from: Herbert2020 on October 09, 2018, 01:49:59 AM

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 really agree with you, that this year back in the previous year where many fraudulent site sites and at this time many ICO makers and finally deceive Investors who invested their funds, it is no wonder that the prices of Bitcoin and Ethereum plummeted so till now ..

audaciousbeing

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Quote from: Impulseboy on October 09, 2018, 01:03:03 AM

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 the next five years, its sure that crypto currency would have grown beyond what we could envisaged at this moment because studying the recent trend of researches in the next five years everything would have crystalized to the surprise of many. The only challenge I see will be the conflict between faiths. Five years from now, of course several countries would have been more open to accepting the new currency. The concern would be the people who will still be conscious of the religious connotations a currency that is uniform to the world will be bring and that will be faced with series of propaganda on another level but the moment that can be surpassed, there is nothing else holding things down.

pragna

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Quote from: Herbert2020 on October 09, 2018, 01:49:59 AM

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.

Yes i am fully in same hand with that word. Still now there are some gamlar who doing play into market. So day by day there will come many scammers and market will be so riskey for real investors. People will fail to target real tokens in market. That will be a great challenged for cryptomarket.

alevlaslo

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petermike

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I think cryptocurrency's challenge in the future is to confront the increasing number of criminals and scams. And they will have more sophisticated scams and more scams. So be careful with any information.

Kprawn

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The biggest challenge now and for the future is for Bitcoin to adapt and to improve to stay ahead of the competition. The

Banks and other services that got disrupted, are not going to sit on their hands.. they are going to employ some of the best

Crypto currency developers, to develop their own "versions" of Bitcoin. This already happened with people like Mike Hearn,

who left the Bitcoin scene to go work for the R3 Banking group on Corda DLT platform. Tongue

Rashid555

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For crypto there will be no problem in future but crypto will be more common among the people and many of governments will allow crypto because with time crypto become more popular and i think we should pay proper attention for crypto managing because management of crypto is also a good future prospectus to us as holders.

Huskarls

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Quote from: Herbert2020 on October 09, 2018, 01:49:59 AM

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 also agree with this, the newcomers are always tempted by the existence of shitcoin without having a clear team and project, especially when the bitcoin market conditions are so bad, the scammers instantly turn into a whale and manipulate prices.

Moultersg

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I think the biggest problem for cryptocurrency will be the hackers and scam projects emerging on the market and creating a bad picture for the whole community.

Renal

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the challenge for the next 5 years is where the government is very difficult to accept crypto as one of the best crypto at the moment, and how we convince the government to accept crypto as one of the legal payments of a country.

Spider A4

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In the near future crypto market will face big challenge. One year gone market not overcome, what happen in the next 5 years it's such a difficult to observation from right now. Market highly manipulated if you see in current market growth. I don't know about AI trading.

ethereumhunter

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Quote from: Impulseboy on October 09, 2018, 01:03:03 AM

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?

Soon, the AI technology will come and now the technology still develops and still need to test before it fully operates. The AI will help crypto trading, and the AI will be another solution for every trader in the market, but before this is happening, the market needs to evolve to something new. I don't know what it is but it might something different than before. The market itself will always move to the better way since we can see the market will delist some coins that don't have a good volume in their sites because they want to look at the crypto is growing for a long time.

Herbys

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Quote from: Impulseboy on October 09, 2018, 01:03:03 AM

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 order for cryptocurrencies to become realistically applied to classic business, it is necessary to solve the problems of scalability, confidentiality and decentralization on a global scale.

DarkBullet

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Currently, the biggest challenge or problem that crypto market is facing now is on how it will be properly regulated and how to avoid using it to scam an investors. Honestly, that is one of the reason I am seeing why some countries are still not accepting cryptocurrency and avoiding those ICOs. To overcome this problem, there must be an international government organization who handles this type of issues and creates rules and regulations that should be followed. I don't believe AI will be a way to save an investors from hacking or scamming where these AIs itself might also become a reason to lose your funds without your knowledge.

Andrey13101991

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I think that the most important problems are the scammers, who are in the market a lot and the attitude of States to cryptocurrencies and regulation by the States.

ophyrim

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Some regulations are going to be one of the biggest problems I think. Many countries are at the edge of some regulations against BTC and crypto world. Especially ICOs are going to be affected deeply by this implementation

gamechangers

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I think the major problem that the cryptocurrency world will face in years to come is scam and hacking. So many new users are going to join cryptocurrency as adoption grow and majority of them will be vulnerable to various degree of scam and hacking. I think the cryptocurrency world can rise up and address this.

Crafts12

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Quote from: Impulseboy on October 09, 2018, 01:03:03 AM

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?

I think the problems that bitcoin will faced in 5 years from now are the following: It will have a competitors that mostlikely get the qualities in bitcoin. The acceptance of people is another one. The total and official approvement of governments all over the world in the usage of bitcoin will run up to that year. The unstable value in the market will still continue to be a problem.

Kaan53

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I think that crypto money will not encounter any problems, but there may be only one problem that may be internet theft, but they can resist it, so I think there is no problem.

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