Where should we focus this year? - page 25.

Dod Ong

full member

Activity: 323

Merit: 100

Quote from: ifinta on September 29, 2018, 02:45:02 AM

I think this year the bitcoin can make their bitcoin price bigger, So we need to be focus here on bitcoin this year if we want to have a better earnings. Also I think the bitcoin recover and the bitcoin demand are continuously increasing so some of the beginners are need to focus to learn about bitcoin.

darthmaul

sr. member

Activity: 714

Merit: 252

Yeah that is something happening right now. People just having hoax about it but not everyone is really trying to make anything out of it. Look at the current ICO project and tell me what you really see? Everyone is now trying to create their own blockchain and thus they are just copying the original one to create their own and forgetting about the original one at all. Whats the point of that if they have their own? Its no better than original as they might claim. Also only devs know rarely what blockchain is but not the common crowd who use the idea behind the project.

Reatim

sr. member

Activity: 2828

Merit: 357

Eloncoin.org - Mars, here we come!

Quote from: maculeth on September 29, 2018, 10:37:39 AM

I would bet that almost 50% of people who enter the crypto world do not necessarily understand 100% of the blockchain itself. they only know where they will invest and will get profit. I myself only know that blockchain is a ledger that records all crypto transactions.

Exactly. Majority will think that blockchain = bitcoin. Lol.

Blockchain is the technology behind almost all crypto right now. Anyways, the more people understands the difference the more they're going to be a smart investors. If they heard that some company invested or uses blockchain technology doesn't mean that bitcoin will go the moon.

maculeth

member

Activity: 714

Merit: 11

BountyMarketCap

I would bet that almost 50% of people who enter the crypto world do not necessarily understand 100% of the blockchain itself. they only know where they will invest and will get profit. I myself only know that blockchain is a ledger that records all crypto transactions.

vintages

full member

Activity: 966

Merit: 153

'What is blockchain?' 'I don't know '! Cheesy

This definitely cracked me up! In as much as it is a joke, it still have a very stong meaning backing it up. It's so unfortunate that a lot of people are merely talking about blockchain but still yet they don't know what it truly means. Some just want to flow with the latest topic just because of the fear of being left out.

BrewMaster

legendary

Activity: 2114

Merit: 1293

There is trouble abrewing

two things are funny about this picture, the obvious fault that people these days have thinking blockchain is the solution for everything! which i was talking about a couple of days ago with a friend, that these days you keep reading in the news that someone started using the blockchain technology. then no matter how much you try to wrap your head around it you can not think of any reason why they would use it!

the other one is that the person who did the edit thinks the same way but he thinks DAG is now the solution to everything Cheesy

Directed Acyclic Graph is a pretty interesting technology but it (like blockchain) has its usages and also its own disadvantages. (you can find them online with some search). it is not something you use just because you want to be moving where the hype is!

The Sceptical Chymist

legendary

Activity: 3500

Merit: 6981

Top Crypto Casino

OP, that cartoon sums up my feeling about most people in the ICO space. Not all, certainly--there are some incredible geniuses, but I suspect that the average gambler from a poor country just wants to get rich and doesn't understand solutions where blockchains are appropriate, and where they're not. I'm by no means an expert myself, but I'm also not buying into these crazy projects.

All of this reminds me of the late 1990s. Everyone was sure the internet was going to be the death knell for brick-and-mortar businesses, and internet stocks soared even if the businesses had no viable business plan. It was a crazy time then, and it's looking to be almost as crazy now.

charlotte04

full member

Activity: 504

Merit: 102

Quote from: ifinta on September 29, 2018, 02:45:02 AM

Yep, most of people that are in here just want the money behind blockchain and not because for it may give us in the future. It is all about the money and not the technology.

netto7

jr. member

Activity: 252

Merit: 4

it same as internet everyone know how to use but don't know exactly what is internet.

if future blockchain use in background like internet use in everything but user don't know what blockchain is

davis196

hero member

Activity: 3150

Merit: 937

The Blockchain is so simple and yet 90% of the people still don't understand how it works.
It's just a bunch of independent computers,who verify transactions by solving complex math tasks.
For that work (solving complex math tasks),they get rewarded with bitcoins.This is also known as bitcoin mining.I guess that this is the most simple explanation of all times. Grin

Great drawing, by the way.

smartbitcoininvestor

sr. member

Activity: 652

Merit: 257

If it sounds great, it's good marketing.

Honestly, it's just a safer way to create a publicly available database of sorts. It's mostly used as currency because each unit is immutable.

ifinta

full member

Activity: 734

Merit: 109

Topic: Where should we focus this year? - page 25. (Read 26871 times)