Topic: What problems cryptocurrency will face in the near future? - page 8. (Read 2472 times)
I think the main problem Bitcoin will face are the abusive regulations. Countries that will impose heavy regulations on BTC, charging high taxes from investors, traders and exchanges. Consequently it will become a snowball of fees making many people complain about the costs. Then there is a risk Crypto-Currencies will become mainstream and lose the decentralized status. I don't know if this situation could be reverted after.
the biggest challenge of cryptocurrency in the future is legalization. the government always try to ban cryptocurrency. If cryptocurrency can be legalized, it will soon be accepted as an official currency
In the future, as Bitcoin's value will grow further, issues like inflation, hackers will repeatedly break in and rob Bitcoins from the owners, and the undeveloped economy may be bitten by Bitcoin. bad influence, etc. In the near future, Bitcoin will have more problems related to its legitimacy in the world economy.
Maybe the one problem that will still exist in the future is the people who are trying to hack the system and steal crypto same as making icos that aren't real and scamming people to get money from them. I think this problem will never end.
the problem will not end because the cryptocurrency has an anonymous nature, so everyone can use it for crime, fraud and laundering without recognizing his personal identity. of course we must always be careful and careful so that we can avoid fraud.
regulation from the government. if the government does not immediately regulate crypto then it will be a big problem for crypto. when crypto fronts grow better but there is no regulation from the government, the risk of closing the exchange will be even greater.
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.
Exactly, crypto market is full of new shitcoins being created everyday and not only newbies but i have also seen experienced traders jumping into these meaningless new coins which makes bitcoin's market totally worse all the time.If we get same support, i am not sure we will be safe even after years
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 same problems as we have today, hacking will grow overtime as more people are going to crypto and don't know how to protect their accounts. Scam ICO's will multiple and there will still be gullible people who's willing to be a victim. Its going to be a vicious cycle. I don't think that AI can be a big help as well.
I agree that there might be more hacking in the future as more people starts using cryptocurrency, but is it going to be worst than traditional banking? Maybe AI can help identify scam from a mile away, or alert the user if he's being hacked. What do you say?
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?
If not addressed soon, cryptocurrency will have a lot of trouble with ICO projects. I believe that 2018 was plagued with ICO scams, there was a whole bunch of them that came in, gave an idea, promised great profit with the utilization of the blockchain technology, took people's money and vanished in thin air.
This people makes the cryptospace look so bad, as if it was one big jungle with many viscous animals waiting for a prey to walk in to tear them apart. This scam ICOs make the world of crypto chaotic and something has to be done to deal with it as early as now.
I agree, I think creating a good solution through those problems will be changing the security of the crypto system itself, Making ICOs that are scams are a wide lost of money for other investors who are into this business, some of the ICO this year are scams , I think it is better to have a proper commendations in making an ICO, Everyone should notice what are the scams and legit ICO , In the future I'm sure that they will get rid of those scam ICOs.
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?
there are two things that become problems that will be faced by crypto market
1. Regulation
2. Trading Bots
regulation will always be a problem faced by crypto in the future
and the existence of the Trading Bot will easily cause price manipulation in the crypto market
the first problem is the impossibility of real use of cryptocurrencies in conventional areas and reassessment of the need for cryptocurrencies
One of the main problem that cryptocurrency will face in the future to come will be the centralization of cryptocurrency. The rate to which some government authorities are trying to make cryptocurrency now will be very intense in some few years to come. Cryptocurrency is very young and the effort by some authorities to make its ecosystem centralization now is not taking any effect, this is making some authorities draw plans to centralize this new financial advancement.
I believe that we will finally be able to see really worthwhile projects that will bring even greater benefits to society
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.
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?
If not addressed soon, cryptocurrency will have a lot of trouble with ICO projects. I believe that 2018 was plagued with ICO scams, there was a whole bunch of them that came in, gave an idea, promised great profit with the utilization of the blockchain technology, took people's money and vanished in thin air.
This people makes the cryptospace look so bad, as if it was one big jungle with many viscous animals waiting for a prey to walk in to tear them apart. This scam ICOs make the world of crypto chaotic and something has to be done to deal with it as early as now.
One major problem I anticipate in the next 5 years has to do with people losing trust in Btc if it fails to show some level of stability. I believe volatility is a major hindrance to Btc now and if it continues like this, people may tend to run away from it
Maybe the one problem that will still exist in the future is the people who are trying to hack the system and steal crypto same as making icos that aren't real and scamming people to get money from them. I think this problem will never end.
the problem will not end because the cryptocurrency has an anonymous nature, so everyone can use it for crime, fraud and laundering without recognizing his personal identity. of course we must always be careful and careful so that we can avoid fraud. 
I think for me, cryptocurrency problems that will be facing are those ICO projects that keep increasing every month and every year and most of these projects are shitcoins that was created to scam people and by that the reputation of crypto is decreasing so it means the market is affcted too.
If ICO projects increasing everyday i think that would be fine but indeed the biggest effect from large number of ICO is the number of scam projects also increasing too and these things will makes cryptocurrency face looks bad especially for those who hate crypto that they will makes these issue to advice people to stay away from crypto and this is not good for cryptocurrency development
Maybe the one problem that will still exist in the future is the people who are trying to hack the system and steal crypto same as making icos that aren't real and scamming people to get money from them. I think this problem will never end.
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.
All people affected by fraud are people who are new to the world of coins, including the emergence of some of the latest coins, so that victims affected by fraud will be lured to make payments according to the request of the perpetrator. 
I think one problem that the world of crypto would be faced with in the long run would be proliferation on the larger market by weaker hands who would always dump the price of bitcoin. Governments all over the over would also continue to oppose bitcoin as blockchain technology becomes popular.
I think, one of the effects of crypto influence is long-term investing. and the price problem in the future may not last long. and governments around the world will not approve of crypto. Jump to: