Bitcoin Forum

We see that all the time in some countries cryptocurrencies are banned or in the contrary they start to make a special regulation. It shows that everyone want to do something with it but don't really know what, yet. Maybe you guys can guess, as experts from the crypto community, what do we need for normal living in a blockchain world?

This is an important question. Ill framed but important. What do we need for widespread adoption of block-chain technology and crypto-currencies.

Right now, the main things that we lack in crypto for widespread adoption is:

1.) Technology barrier for the average person is still quite high.
2.) Scaling solutions for micro-payments aren't deployed widely yet. The situation is worsened by all the false claims made by alt-currencies. Lightning Network is the only serious solution under testing that promises to solve micro transactions and allow for wider adoption.
3.) Lack of sufficient expertise among Governments to differentiate the good and the bad of crytpocurrencies.
4.) The biggest problem are the people who want to create elaborate scams using their knowledge and taking advantage of newcomers.
5.) Another problem is the newcomers who want to believe illogical claims and fall for these scams because they want to get rich without even knowing the system.

I think this more or less are the only barriers to full scale adoption.

There will be some governments that will support crypto currencies and will benefit from the subsequent generation of economic activity. The rest will have to follow suit. The most important thing is for the people to learn to decide for themselves and find out how to benefit from the opportunities and stay safe from the scams.

Lack of knowledge is the main reason we have only a few peoples in the crypto world. People fail to understand the true potential of crypto currencies that's why they fail to believe.This one of the reasons people don't like cryptocurrency related things. We have to teach people what is crypto currency, its benefit, its true potential. They are not going to know about crypto currency in their dreams we are the one who has to make the change.

I think amishmanish nailed most the problems very well. At least I completely agree with what he said. I will just highlight one big general problem in my opinion. We lack knowledge and true understanding about crypto, in both technological and ideological aspects. The market is completely ruled by speculation right now, and that gives it the bublish behavior everyone talks about, and generates insecurance in the world.

If people don't feel secure about it, it will only attract investors that want some fast profit and don't mind taking risks. That is of course a very low percentage of people around the world, and we will never get real adoption if crypto doesn't appeal to those that don't enjoy taking risks with their economies. Finally lack of knowledge is of course easily exploited by scammers around the world.

We have of course a lot of technical issues, but those were already mentioned by amishmanish, but I don't think these would be problems, because if investors were aware of what is happening with bitcoin and crypto, they would simply be patient because they would know development is on the way, that could easily solve all those problems. So for me, lack of knowledge is the main issue in crytpo world.

I agree that most people know not much about cryptos. But this is not the main reason why folks don`t like things related to cryptocurrency, I think. I believe that the whole point is that crypto-currencies do not have enough reliability. Crypto-currencies and blockchain are not as resistant to theft and burglary as is commonly believed. Every seventh Bitcoin and Ethereum goes to hackers. People are afraid to become victims of fraud.

Apart from the above listed barrier like the technical advancement etc., I think we lack the unity of accepting the new technology. I mean there is no way of advancing into the technology like Blockchain unless and until all the countries think of it altogether. If we left out with few countries then they will stat creating the FUD for the rest of the countries and thus it will harm the use of it in the countries where it is being used. That comes under the psychological pressure or emotional decision and this can be broken only if all the governments agrees on the terms under one roof. This might not seem very huge problem but all we know what happens when there is tiny spark in the woods! It creates fire of destruction. So we may need to re-invent the whole idea with unity. Thats what we are lacking currently.

thank you all, you are very up to date.
FreeZone offers a free crypto economic zone, where all the blockchain companies will work inna legal framework and with a good infrastructure. So maybe it will fiz some issues.

Nothing, just support the whole tech itself and adoption will come automatically.

You shouldn't advertise that here, not a good way though.

What potential exactly are you going to teach them? Is it about their usage or is it about how to "get rich quick with crypto". Most of the people are greedy and they go for the second option. Thats how they get scammed as well. Thus leads to a bad first impression about crypto to these newcomers and wannabe crypto enthusiasts who just became crypto-haters and will join the "crypto is a ponzi" bandwagon.

After all they are humans and they consider their earning with suspicion and doubt if they invest in any place which is a grey area. That can be improved gradually as people become aware of risks and benefits of crypto.

I'm going to go on a more philosophical route and say: ideals.

Most people who get into crypto these days want and expect to make money off them. I suppose there's nothing inherently wrong with that, but that's where all the speculation and emphasis on price comes from, which in turn give birth to the ponzi comparisons. It also attracts people which are the first to dump, first to lose money, and first to call out cryptos as scams whenever it slides.

I'm assuming crypto will be much better off once people stop looking at them as earning opportunities.

Good points above.
I would like to add my very simplistic views on what is lacking
1. Quicker transaction times
2. Cheaper transaction fees
3. Wider variety of merchants accepting BTC
4. More people willing to spend and trade

The crypto world lacks journalists and legitimate media personnel who encourage the public to educate themselves, buy crypto or precious metals to protect their wealth, in case the dollar or euro crash on deficit and debt concerns. The current era is similar to one of those disaster movies where an imminent danger is lurking in the background and no one believes its real until its too late. Including me. I can't believe half the negative sounding things I post on this forum, even though I know they are true.

We also lack empirical data on the impact block size has upon transfer speeds. There often isn't a clear or concise answer on any technical or economic issue. We lack good informed commentary on many topics. We lack good organization or cooperation on how best to address transfer fees (when they're high) and what the best course of action is to pave the way to a better future with bitcoin.

At the first place is education about cryptocurrencies, we definetely lack that. And because unsuficient education and information about cryptocurrencies many problems appear where they could be avoided.
We also need fair and justified regulation, cooperation of all parties involved in crypto world to make environment for crypto growth on benefit of us all.

Lack of knowledge, this is the biggest problem all over the world. They go and go in bitcoin without any knowledge in bitcoin thats why some of the newbies got scam by the scam investment. For me knowledge is the key to success that they need to read first before entering the crypto world.

For me the most important thing to start would be the security. How can we the investor will be at ease in the safety of our investment. How to account investment without thinking for the securities anymore. It is true that all of the owners in blockchain community do have  their security standard but why was that hacking do still penetrate in their system. This is the biggest issue that concerns people a lot.  When will be the time that we can be at ease for the safety of our investment.

I think lack of knowledge. In the world of crypto we should have an analysis, read their roadmap and whitepaper. I'm not going to consume my time that i don't understand, but i will try my best to keep in touch on every coins that has real project.

Lack of confidence and idea. The reason behind more traders are getting scared on the current status of market fluctuations or downward movement of bitcoin and/or other altcoins is because we don't have enough confidence and knowledge on our selected coin. We easily get affected when we see dips or prices falling which is not right as a trader.

The prohibition of investing in an ICO is a rule in some countries, but not all countries apply it. We can still freely invest in ICO, basically ICO does have a good goal but sometimes many irresponsible people who only use ICO for the event to gain profit alone, without any seriousness to continue the purpose of making the ICO. I just ordered to be able to choose ICO which has good prospects, choose with various considerations and also a mature analysis.

Ok, let me add one thing that was not added on previous posts. Cryptocurrencies are lacking of volume. The volume of BTC that we have now is tiny and more comparable to stocks than to a currency. For example when the stocks of a company are traded on the exchange and someone leaks the  information that the hedge fund X might drop the shares of company Y there is a high chance that those shares will go down. While if any hedge fund or bank announce that it drops all its USD it won't be even noticed by someone because of the huge volume. That will be the great time when BTC will be resilient to any kinds of baseless FUD.

I think one thing we are lacking as of now is speed in transaction. The rate of speed in Bitcoin transaction is not fast, and is in fact not reliable for what it is. Bitcoin transaction used to be very fast and drops instantly, but ever since they introduced the transaction fees feature, it stopped being fast and became really slow (10 to 15 minutes for a transaction that will cost you a lot) why I’m not happy with the situation is because I can remember that when I got in new, transaction in Bitcoin was free and fast. I need it to start being fast, being free doesn’t matter.

Love it or not, regulation has to be done. This is the only way the Government will be able to promote the use of crypto currencies. The Government wants to intervene with the decentralization of coins. There is no denying that bitcoin is indeed used on illegal activities. This allows illegal transaction be done. the only way to make bitcoin appealing to the people is the recognition of government. People trust what government says.

Another thing is that, most coin holder are those who are he internet people. Those who are not (whose majority in my country) don't have the access with it. if the system will be develop the same way as Zimbabwe's , whose even the simplest person have the access with cashless money, Crypto will be more popular.

What we need is many but can be tied up to one singular thing in my opinion which is "Security and Responsibility " with that I am sure a lot of things will fall in line. When this is present, I am sure that I can invest in crypto projects and not scared of impending ban that might happen tomorrow since I don't want to be on the other side of the law. When there is responsibility, people who are in the position of trust would value it because they know they will be held responsible for their actions. When we have security, the mass adoption will be a walkover because the basis has be set. Technological breakthrough to make crypto more adaptable and easier with the use of sophisticated equipment will then follow which would even go beyond the lightning network, SegWit, Scaling that we are concerned about at this time.

However, I guess we cannot always have what we all want because all of this will come with certain costs which I am not sure the readiness for that cost is at hand. We then have to live with what we have now.

I think, we need as possible more professionals for crypto world.
Everything is new, and we do not have real proffesionals, who has education and all the rest. Hard to imagine... The rules of the game are changing daily!
But still - i think we need more professional ))

The government is made up of a small group of people who have their own agenda, they are bankers, big businessmen and so ... this small group that is the government makes its people reem of their policies, they control its people, now it comes a satoshi nakamoto and creates something decentralized and tells people around the world to use this decentralized thing, you think the small group will be happy to know that many people in your country can be millionaires and the small group can not know who Are these people? money = to power. if you have a lot of money, you will be able to overthrow a government.

The problem of banning bitcoin is not the cause of money laundering or other crimes committed on the internet, is because it is dangerous to the bankers and the political elite of the government.



we need seriousness, responsibility and being human with each other.

let's face the biggest problem we have: exchange !!!

How many people are here that are not afraid of exchange? Who is not afraid to wake up and see your exchange account banned?

Exchange does not respond to support tickets

Exchange does not have physical office.

The bitcoin wallet do not have physical office.

How can we be taken seriously if we are not serious?

you find it normal that a person deposits 1 million dollars as a result of the contribution of all his family and exchange blocks his account and funds and do not answer the support tickets.

With this type of behavior does anyone believe that institutional investors will use these exchange that do not have physical office?

Our biggest problem is that we limit ourselves to the virtual world, we do not show the physical world what the real advantages of bitcoin and altcoins are.

Each of the crypto currency needs a fiat buffer. This is so that the seller in the store can sell the product for crypto currency and instantly exchange for fiat to buy again the goods. Then the crypto currency will become widely used.

Nope. This is not what cryptocurrencies need. You have payment processors like coinbase which do exactly what you describe for bitcoin . It hasn’t really led to an explosion in adoption of bitcoin. An increase in awareness will work wonders, something which no payment processor will ever be able to do.

lack of knowledge is the common reason why some of the people here in crypto world always fail and miss some of the opportunity .and besides of being lack of knowledge they dont know how to make there own strategy they just relying on others thoughts . That's why until now they don't have not enough information what are the different manner here in crypto world.  

Crypto world are maybe lack with advertising and increasing its popularity.Yes, there are many ways provided to introduce cryptos, but then not all people truely understand about cryptos.If cryptos creates a full advertisement with full information desimination, it could be a good start.

It is likely lack of knowledge and self confidence of crypto world that makes us weak in adapting crypto currencies. We must need to learn more about cryto's platform in-order to get lots of benefits that might it gives. Being knowledgeable about crypto's behavior will be able for us to handle the crisis patiently in behalf of its volatility and unpredictable behavior.

Into the second page and almost 40 comments and suggestions made, yet no one sees "Lack of Regulation" as a problem for cryptocurrency?

Damn! What an oversight.


I think there should be mandatory KYC policy now to provide a bit of regulation that can help keep crypto scams and frauds at bay.

For me what we really lack in the crypto world would have to be knowledge about the cryptocurrencies. I think if everyone would have knowledge about using these cryptocurrencies then no one would use them negatively. And so we can pass it on to our kids and they could pass it to their kids as well in the future if it will last long, but of course knowledge would play a big role for cryptocurrencies to stay longer.

I think we lack regulatory system.. even if it's decentralized it Should have it's own system to take care of all the events like is some government is banning them they should go and try to solve and provide reason and improve and make laws for that country only .. this might sound stupid but you know not like some centralized body but more like the advocates of that currency .. it's important otherwise anyone can do anything we should have our own say too.

This isn’t about crypto or trading or investment, rather it is all about your life activities. Just tell me, if someone wants to get into something but he doesn’t know any basics about that particular thing, how he can get better results. Definitely these results would be ended in nothing. Learning is a compulsory element before taking proper start so don’t just miss that out.

No, No, No. We already have enough government interference. They want to get their little claws into every aspect of our lives and Bitcoin and other Crypto currencies was designed to reduce their impact on our lives. Bitcoin was made borderless and pseudo anonymous to give people more financial freedom, not to restrict it.

Why do you have to ask permission to move your wealth to another country? Why do the government need to know what you spend your money on? <Hookers / Booze / Lingerie for your 10 girlfriends?>

We will never be free from this "Police State" mentality, if we offer all our freedoms to them on a platter.

For me, this are the things crypto is lacking right now.

1. Lack of mass adoption - Yes, this is the most problem of crypto right now. Most probably because of the volatility nature of crypto, they are afraid to invest in it. Maybe most people in the world doesn't hear or even know the existence of cryptocurrency. We need a way to advertise cryptocurrency around the world. Social media is one. Conference is second and many more.

2. Lack of regulation - As posted by @kakmakr above, yes bitcoin was created to give people financial freedom and to prevent the use of banks but I also agree with @Mpamaegbu that the government must do some regulations in order for the scammers and fraudulent activities to be stop. Governments must involve themselves here in crypto but only in the fraudulent activities that the scammers are doing.

3. Technology - We accept it that most countries around the world cannot cope up with the current technology of some first world countries like Japan or USA. There are people around the world that doesn't have smartphone. Some areas especially the remote areas doesn't have access to internet.

There are many more I think but these are the most things crypto is lacking.

It's better to be this way because we can earn some good amount of money because it's a decentralized systems. Also, we can't avoid such incidents like its security because I still wonder why some situations there were cases about some hacking. Developers should improved more about the security level in order to avoid such incidents.

Well I understand what you are saying by lack of mass adoption, but I don't think that is something that is missing. That is simple a product of all the other things that we are missing at the moment. Once those issues are addressed, I'm sure adoption will follow normally.

I completely agree with the lack of regulation issue. This is a very important one in my opinion, because we all know the majority of people and big investors will only jump into crypto once it gets regulated. Until them this will be a very speculative asset, and most people will be afraid to risk an investment or adoption. This needs to be something for all, and not just the "fearless".

As for technology I do agree with you but not at the same level. I don't think not having a cell phone is a problem. Banks can't reach the population without infrastructure, and they need way more than a cell phone. So I think that crypto is well ahead of them, since it just needs internet access and a cell phone. Those things are easy to accomplish in most countries.

First of all guidelines for all newbies tutoring directly how to use of Bitcoin on  how to earn profit   is one of the biggest important for popularity of Bitcoin and reinbursment of stacks of Bitcoin if the account hacked by hacker or an IT expert make a special program to trace immediately the hacker.

The world has been praying for advancement in technology and that is what Blockchain technology has come to do and give us a decentralized financial and economical system. We are going to have in future a system that will simplified things for humanity.  P2p financial system and transactions alone do bring people confident into our society.

Well basically crypto education needs to step up for us to frow more. Many people only see bitcoin as something to make quick profit on which of course is not the case. Information about blockchain and what it can do for the future should be spread more to counter all these negative talks about crypto being a scam or a bubble

For me , what is lacking in our crypto world today is the lack of knowledge to the public especially the ones who have really no idea when they hear the word "Cryptocurrency" or "Bitcoin". In my own experience, before I left my previous workplace in an Insurance Company, me and my co-workers including my boss has a healthy talk about Bitcoin since that was the time I already had some knowledge about cryto and they were trying to say to me that Bitcoin is just a SCAM and I can't have any profit out of it and I was trying to explain my side. So you see, many people are still clueless about crypto and/or they just don't realize the future is in crypto currency and they have to be open-minded that our world is changing so we have to adapt change.

There are basically two problems with cryptocurrencies that are delaying adoption, the first one is that cryptocurrencies are not as convenient and easy to use as fiat, not only that people are not used at all to be completely responsible for the fate of their money, they are used to delegate that responsibility to someone else and as such it is very likely that we are going to see a lot of hacks if adoption grows, and the second problem is that if we want adoption to happen all over the world then the fees and the speed of transactions need to improve.

First if all I think we need to prove that bitcoin was the best cryptocurrency to the people, and we need to make sure that the people hasn't get anything wrong with bitcoin like bad news or something. We need to prove also that in bitcoin we can easily earn some money if we know how to do it, it's just like to make people more interest about it.

What we lack is simplicity compared to regular cash and card payments. With credit cards offering touch payments it is quick and easy compared with bitcoin and other crypto. Also, the fluctuations make it hard to price goods in crypto currency, and you don't know if you're going to overspend or under due to daily prince swings.

Probably the most that cryptocurrency lacks these days is investments, cryptocurrency is still new and many people don't yet know about it, and for it to become adaptable as a payment method needs places where you can actually spend it, and this is thing that is slowly startting to improve as we see the blockchain technology being used in many other fields through ICo that have been launching left and right, one important thing that cryptocurrency lacks is scalibaility, as we saw with bitcoin as soon as the network was seeing some high traffic transaction started taking a long time to get verified and miner fees got really high, which affects micro payments and small transaction which are important to adopting cryptocurrency as a payment method.

 Many people still don't know about crypto coins.What kind of money can be used in this work?Many of these knowledge how are still limited to what is available from this currency.They needs to take some special steps to properly teach and curb these crypto coins.

Very few times I have felt bitter about using bitcoin. Those incidents used to take place when I got scammed as well when I lost through web hack. Later understood, it was my fault of being careless. I feel myself happy with bitcoin as well other digital currencies, because at present very small percentage of the population around the globe is aware about such a technology evolution.

What is dangerous here is that, if your bitcoin CryptoCurrency is exposed to malware, then the bitcoin in the wallet can be hacked by irresponsible people. The risk of accidental erasure is also vulnerable to be experienced by the owners of bitcoi so that when it happens it can not be traced to where the loss.

After this year start ,some country ban the bitcoin and some of them had regulate the bitcoin.From my point of view , regulation of bitcoin in a country is good one.Because ,if bitcoin is regulate in  a country.All the rich people start to inverse their money in bitcoin with out any fear of loss . Regulation gives the extra power to bitcoin.

Some still stick in banning bitcoin, some may ban bitcoin too, but bitcoin is inevitable so there is no sense for banning it, it won't affect the value of bitcoin to some people and the demand would not decrease but rather increase as the time is passing by.

The thing we majorly need from the crypto world is accessibility from all parts of the world. Currently as the cryptos are decentralised and not bound to any rules and regulations makes them feared and hence banned in many of the countries. To achieve a digital, cashless society the coins need to be widely accepted.
Also, coins like bitcoin need to attain stability if it has to head towards being a mainstream currency, as a unstable currency shows a weak economy. The coin is too volatile currently to be a primary currency right now. So, these things have to be rectified for a better future for the cryptos.

What we lack in the crypto world so far is the usage. We haven't got the direct usage opportunity similar to the centralized currency. When this happens, automatically the circulation will increase leading to growth. Maybe this takes little longer time, but it is achievable.

The knowledge of cryptocurrency in this investment area is very important, you can not succeed without understanding it. Do not rush to invest when you do not really understand the market, take the time to learn from experienced people and the internet before investing.

Government recognition is something that can change the world of crypto significantly. Yes we are waiting for that because then the circulation and utilization of cryptocurrencies will be very good. Government support can make the crypto grow and it is certain that the future of the world is a digitalization.

Not only that.We should include the one of the reason why adoption rate is way too slow specially on traditional people who do only knew about local fiat which wont easily entrust crypto therefore considering its technology isnt really too rampant on non techy persons and for those who have only awareness into technical aspects will do have only the chance to adopt.

Yes the accessibility of it all over the world should be considered and improved so that every people can be use the cryptos even those people who are in far places from the city so that the government can be able to adopt it and make a rules to improved the use of it in the community and the citizens can be easily accepted it as a mode of payment for their daily living on which can help their lives to be improved.

We certainly need more people expressing interest in cryptos and before we can come to that, we should make sure we can educate people who have no idea about cryptos so that they can know the importance that they have by investing into Bitcoins.

I think one of the things we lack in crypto world for now is enough awareness to the outside world pushing out the gospel about the goods about being a crypto trader. Most people have negative vibes about cryptocurrency. Most adverts are usually about ICOs/Tokensales. I know when there are more people accepting this new form of digital banking, there would be more room for healthy competitions similar to the normal banks we have around us

I guess thats true, well we can be functional in certain thing if we will know this forum very well, I think enough knowledge regarding things on this blockchain cause we will not going to be productive if we are just predicting everyrhing that we wanted to do, I guess thats very important, some research for you to become familiar how this forum works and thats for yourself as well as for you toshare it to other people.

Bitcoin needs more support for it to develop and to improve its system in terms of transaction and price development. When it comes to support having the right information for people to have is the key for them to used bitcoin in the first place so it could be better to have a better way of learning for us to be informed on the good things about bitcoin and other cryptocurrencies so that we could used it in trading, investments and transactions.

In my opinion,I want to say some factors about this forum which I think the lack in crypto world.First of all,I want to say about its transaction fees,in virtual life it should be less more and to be more secured.Because,there are more hacking news we heard before.Those project which is wanted to open their ICO for development or others purposes need to use the forum and forum will distribute all and this will be better and then scam will be removed by doing this.I think those are developed by forum as soon as possible to prevent this forum and to be secured.

This is still such new technology. The real issue is we built the high speed train before putting down the rails. These features (custody, wallets, regulated exchanges, etc.) will come in time, making the space much safer for everyone else to jump in.

Everything goes as it should. To begin the technology, the crypto currency must develop to a certain level, when it becomes more convenient and more profitable for people to use them instead of fiat money

Acceptance and support of the people are the only things which are absent from the crypto world. People are still hesitant to accept this new technology. The fear of losing is another reason which is stopping many people to join the crypto community. Also there are many loopholes in crypto industry which needs to be fixed like, huge pumps and dumps, technological problems, large transaction time and fees. Moreover lack of govt. intervention is another reason why people are avoiding crypto world. Infact some governments are even going against it creating even more FUD.

i think government is an important factor to overcome the doubts of investors. we can see many countries that have not legalized bitcoin and still calculate it. i think it will grow faster if government regulates cryptos

We all know that cryptocurrency does not have a stability compared to the regular physical currencies but nowadays we can see many people are using it for different purposes like shopping online or more transactions. So, Bitcoin has its own purpose why it was created and it was the first cryptocurrency to come out. Not just the Bitcoin have the negative side or the lack of capabilities but in this world not just the business have it but even those people who joined and haven't join a campaign like this. Cryptocurrency really difficult to understand for it is relatively new and come with a learning curve. Those people who invest without or lacking of proper knowledge and lose money is the reason why people see Bitcoin as defective or lack of capabilities. No one knows everything, people must learn in order to understand. It will always depend to the people who knows how to understand the reality. Like, you need to work patiently and with hard work for you earn. Bitcoin is not easy all you need to do is to wait. All of us must always think that everything has its own disability.

Like all nascent markets, there is a lack of liquidity in crypto markets making them difficult to exit at the right price. The growth in exchange use has boosted overall liquidity, but such an increase in trades is yet to have the ultimately desired effect.

Keeping it simple is the most required aspect in my opinion. There are huge people out there who are getting confused about Bitcoin and on the top of that, they create misconception in their mind about Bitcoin.

Sadly, 6 out of 10 people hear about Bitcoin through the scam projects and it not only creates a bad impression among them but also somewhere it restricts them in learning more about it and that is dangerous. I can understand rejection after understanding anything but in this case, they are not even keeping themselves open to understanding the whole thing and they are relying on what government and media are telling them.

Its boundaries are not well defined with rhe reality that causes people to dive so much into it ;)

Damn you are right, at my country on Indonesia monthly they thinking bitcoin it's just like a gambling game or like Ponzi scheme. They don't know what future we can bring into a real life with blockchain technology. My Bank Sentral (BI) It's telling too Bitcoin a dangerous investment too.

We lack knowledge in the crypto world because if you look into your previous investments you will realize that the decisions we made were not accurate and we must work on our knowledge in order to cover this area so that one can obtain high accuracy in the crypto world. The upcoming days are very important and we must work hard to go through all the necessary procedures.

I think lack in public perception, for me it has a bearing on the value of the currency. A driving factor that people reacting positively to the innovations and the fact is a thorn in the side of the most corrupt banking sector and gives competition which cannot be tampered with in the traditional way. We also receive negative reactions and associations with criminality.

I feel there is a lack of common sense. There is too much mystery and uncertainty.

Crypto development is not something to comment on at any stage of you are not a developer yourself. There is always the scope of changing the economy be it on a small scale or a large scale, but mostly small in crypto. The adoption of crypto will probably never be extensive in the mainstream. Thus it is profitable but comparing it to the economy of fiat is a bit long shot. After all to buy your daily bread you need fiat - crypto cover is not that high.


There is too much of manipulated shills reddit and twitter shitshills, fake news FUD and panic sellers.

Just wanted to write about it, man, but I see you have already done it. without the knowledge, people will never have the profits from trading, investing, and even mining. never be lazy to learn about the crypto world.

For me the main reason is we have a limited resources of information about bitcoin....  But even there are a few way to study about cryptocurrency....  People have limited knowledge to understand about the cryptocurrency...  Sometimes it affects us a lots...  But if we get a solution about this problem cryptocurrency will be a perfect for our community...  And surely it will really help us...

Stability  ;)

You already point it out dude, cryptocurrency is banned or have a very strict regulation — crypto is lack of Support. Though there are instances we heard from news that there are particular countries now starting to embrace the blockchain technology, this is a good news but still not enough to make a very huge progress. It would be great if all nations now start to support crypto, doing so will able crypto to revolutionize our kind of living and maximize its potentials.

I know that there are also technical aspects need to be considered first but that's already a small thing because I do believe that if someone shows interest and eagerness into something then he can provide solutions in any problems along his way.

Personally, in the crypto-currency world, there is very little price independence for each digital coin or token. I'm tired of watching and praying for this bitcoin. On the one hand, we know that if bitcoin does not grow in price, the crypto-currency market will also not grow, that is, virtually every crypto-alaite. On the other hand, if bitcoin will grow strongly in price, this will approximate the possibility of its depreciation, since if bitcoin reaches high price values, with its high volatility, and if negative news appears as a catalyst, it can cause panic among investors and bitcoin may quickly depreciate.

I think that we lack the approval of governments which don't want to understand that crypto is a new step we should take and improve the whole system. I think that this is the currency of the future, which will come very soon

Security, security, and again - security. We need a better security ASAP, all other technical obstacles will be solved in time.

both lack of knowledge and reliability are huge problems of the users and bitcoin, itself,. Users who has lack of knowledge doesn't know the real thing about bitcoin. Some believes that bitcoin is a scam without even having first-hand experience. Users tend to look at the dark side of bitcoin rather than what is the fortune that awaits them after all those risky investments. and this is where we enter the problem of bitcoin which is reliability. It is hard to protect or advertise bitcoin if it is really true that investing is really risky and the price are really unstable. So I think both are major problems that we need to solve first before heading to world domination.

I think the focus of our community in the next few years should be on some of the crypto world systems, and we see that the abuse of ICO in the last half of the year is hurting the development of the market, and a lot of negative news related to crypto.

I see that there are many exchanges that can only be accessed when someone lives in a certain region of the world. However, there are great opportunities such as the "Kimchi premium" to make a profit if there were an arbitrage exchange to execute such a trade securely. This is something that is missing from the crypto world that could help people profit and stabilize all this volatility that keeps many out of the game. That's why I'm excited for this project addressing arbitrage, education and insurance to pre-Ico this month, what do you think of this company, solid or not? https://bitcointalk.org/index.php?topic=3085831.0

Lack of reliability and faith, lack of stability and most properly lack of reality are the drawbacks.

If what you want is to use cryptocurrencies in your everyday life then we are only lacking one thing and that is adoption, but unfortunately adoption is not a process that happens overnight it is a long process even if the technology is great people are not going to leave their old ways behind them very fast, just look at the Internet it took a lot of time before it was adopted by most people around the world and the same is going to happen to cryptocurrencies.

While I would really like price independence for all coins and tokens. Now we actually do not have any crypto-currency market. We all pray and look with hope on bitcoin, as it is his growth or fall similarly affects the rest of the crypto currency. This is very abnormal. If such persons as Mt. Gox from Tokyo will periodically throw out large batches of bitcoins on the market, then the crypto-currency market will be frozen for years.

There is a clear lack of judicial enforcements in the system. So beware of the illegal trip wires.

We need more support from the community. I guess it's time we make a choice and embrace what lies beyond this point, step up and build ourselves a better world for living. If only most of the people of the business industries support this and utilized it's potential then we might be doing interstellar from time to time.

which we need in the world of blockchain is a vast insight into the world of cryptocurrency. Without it we can not do anything. In addition, the most important is enough capital to trade in cryptocurrency

I fully agree with you. There is so much ICO's on the cryptoworld especially on token based platform. There are many fly  by night ICO's with no road map but just an ANN thread or telegram airdrops only. I think there is an ICO body which reviews and approved ICO with good and solid project. This way, we have a valid ICO's with valid projects on going.

We lack big industry leaders who pro actively support it. Those big players who could actually change the tides arent really "doing" anything. For instance amazon could start accepting btc but they dont. But of course i do understand it's more complicated than that. Because of the mentioned reasons above, it's very complicated to just accept bitcoin. But i do think they could take on a bigger role if they wanted to 

Right, I guess lack of knowledge has really made people to lose their asset, make wrong decisions, and get to be a huge victim of the internet age of hackers who are looking for those to scoop their assets for them.

Moreover, this is not lacking as there are so many information all over the web for people to make use of, but I feel they are just too lazy to find it, or they do not know how to find it or they are simply nonchalant about it and that is a huge problem that most especially has brought security lapses to some accounts and funds, as well as people panicking for no reason.

Normal living cant really be attained when decentralized cryptocurrencies do still exist into this world which i do hope that they would last for sometime rather than on having tokens using blockchain technology but still have the essence of centralization thats why we would able to see the boundaries between controlled and uncontrollable things.Instead on minding about that matter better to do your own business as long you can make profits then you should utilize it very well.

That is definitely a problem there are many people that prefer to touch their money with their hands instead of relying on credit or debit cards, in fact I know a lot of people like that and if bitcoin did not existed I would prefer to have cash or gold as well so I cannot blame them, but as time passes they need to realize that bitcoin and cryptocurrencies are the best way to store their money, I know there is a generational gap that needs to be addressed and it is possible that adoption of bitcoin is not going to grow in a very significant way until the young people of today become the leaders of tomorrow.

The major defficiency is Lack of knowledge we have only a few peoples in the crypto world. People fail to understand the true potential of crypto currencies that's why they fail to believe.This one of the reasons people don't like cryptocurrency related things. We have to teach people what is crypto currency, its benefit, its true potential. They are not going to know about crypto currency in their dreams we are the one who has to make the change.

I would not say we are lacking adoption and in fact, adoption has been growing consistently in a pretty good way in just this short period and we should be at least ready for mass adoption when it comes.

Nevertheless, I would say what is lacking is understanding as there are so many people who do not even understand the space they are investing in which makes the idea of FOMO and FUD to be the norm of the day and if we can get to start seeing knowledgeable investors, it would be a thing of the past seeing how the space is being spiked up and drawn back hugely most of the time.

I would not say we lack security really since security of assets is actually in everyone's hands. There are so many ways people can stay secured in this environment, only if they really want to learn to stay secure. While it is important that people should use very strong passwords, make use of added securities on any platform they are making use of such as 2FA, SMS log in or Email log in, be weary of phishing website, but the fact is that only very few people follow this rules and you leave your account vulnerable if you do not take them into consideration.

one thing comes in my mind what crypto lacks is an education for newbies and more important more robotic exchanger with financial market education and providing resources for new technologies

I figure the focal point of our group in the following couple of years ought to be on a portion of the crypto world frameworks, and we see that the manhandle of ICO in the last 50% of the year is harming the improvement of the market, and a ton of negative news identified with crypto.

I certainly agree! Security is a priority and bitcoin is highly-secured. I think it has to start with us, it depends how we stay connected in preventing ourselves from any danger. Moreover, I see scalability as the factor we lack, considering that there is a limit of its rate and number of transactions it can process that cause to hamper it from mass adoption.

I think what we lack is the properties of real currency.
Bitcoin functions as a decentralized system, it is not issued and regulated by the government. It lacks additional qualities usually associated with currencies, because it is held in digital wallets that have proved to be very vulnerable to hackers.

i think the infrastructure are lack in the crypto because there are many under development country that can't provide the need of the bitcoin to full support it

Changes and initiatives always came from us who is already a member of this community, for me as a junior member of this forum I organized a small cell encourage them and teach them about cryptocurrency we start from bounty campaign which is their initial step to know more and be familiar the different aspects of  crypto world.

It is a fairly new system and it will take a longer period of time to have a better front end user friendly products so that everyone will be able to use it, hopefully we would see innovative products coming out in the future that would make bitcoin use simpler, that can be understood by everyone, since the entire market does not have any boundaries anyone could make use of these developments.

I think that we are significantly lacking to have enough educated and skilled players, who would share their knowledge with us.

Crypto are becoming old and getting known worldwide but only few people are just getting interest on this cause of it's high risk and there is no support from all countries. It means that, if the government will lay their hand to support crypto, it surely people have gain courage to step inside and also establishment will start accepting cryptocurrencies. But it is not realize by the government also due to conflict of interest between their sides and crypto itself.

I think we lack buyer protection, when buying using Bitcoins, and the seller doesn’t send the promised goods, then there will be no chargebacks. I believe this can be solved by using intermediary but at some point it defeats the purpose because bitcoin is decentralized.

The XYO Network is building one of the largest networks of Bluetooth and GPS beacons in the world. For several years, we have quietly developed world-class location protocols necessary to achieving our mission of building a decentralized location network. The XYO Network makes this possible through an ecosystem of crypto-location protocols necessary for the technologies of today, and the world of tomorrow.

Some systems like global onlooker bots or if any automated actions, tracking of it etc includes in the lack-list.

this is where we must be careful and should know we buy goods to whom. but that is the problem here most sellers do not use intermediaries or third persons.

I think the foundation are need in the crypto in light of the fact that there are numerous being worked on nation that can't give the need of the bitcoin to full help it.

It seems that using cryptocurencies directly is the biggest drawback of crypto, we all know that most crypto is only used for online transactions and not much offline yet, I hope it can be done for transactions directly.

For me , what is lacking in our crypto world today is the lack of knowledge to the public especially the ones who have really no idea when they hear the word "Cryptocurrency" or "Bitcoin". In my own experience, before I left my previous workplace in an Insurance Company, me and my co-workers including my boss has a healthy talk about Bitcoin since that was the time I already had some knowledge about cryto and they were trying to say to me that Bitcoin is just a SCAM and I can't have any profit out of it and I was trying to explain my side. So you see, many people are still clueless about crypto and/or they just don't realize the future is in crypto currency and they have to be open-minded that our world is changing so we have to adapt change.

In that case, I would say what is lacking is just basically ICO regulation. Where some are already doing it, some are really not bothered. I am not a big fan of regulation, but it seems that scammers as well as dumb and inexperienced investors who just fall for anything has ended up making the ICO space what it is today and to not give it a negative tag over time, I feel it is just better once and for all that the space is regulated minimally to curb those scam activities and bring about a matured environment.

Basically, Bitcoin can not hack by anyone, because its system is decentralized system and its security is guaranteed by all Bitcoin users on the world. Nobody has enough power, capacity to attack a huge system like Bitcoin. But, if the hackers want to rob money from a user, it is easily more than attack the Bitcoin system too much. That is the reason we have many methods to secure the device storing cryptocurrency.

I think the first think we need to know is that how the blockchain work. Second, technology is what we need to have in order to access the internet world. Without computer, we can not use the blockchain. Therefore, I believe that computer is very very important to us. We need to have a pc or laptop

As far as safety or security of these coins is concerned, I think there is no more secure system than blockchain technology. Crypto coins implement this technology. The security of wallets and exchanges is not digital asset’s headache. It is all up to the user how carefully he works with his asset. If holder won’t keep on entering his credentials everywhere on internet, it is not possible to steal his coin.

I think, the real problem here is the support of the government in implementing the use of this coin world wide, if the government would just really help to implement cryptocurren as a mode of payment legally, then I can say that it would be a great help and the  use of cryptocurrency in a daily basis is gonna be possible sooner.

That's the biggest problem that we need to overcome because governments doesn't like what they are seeing. This cryptoverse is very disruptive to say the least that's why we will not going to see most of the governments around the world supporting it. The only thing that we can expect for them is regulations and imposing heavier tax on crypto's.


Hmmm. That's how it was originally designed by Satoshi, P2P without any third party in between. So I don't think we can consider it a problem. So you need to be very careful who you dealing with so as not to be scam.


I doubt that anyone will share their secrets and tips. I advise you to just really play the market and sooner you will learn the tricks and trade and I'm sure that you will successful as well.

Cryptoworld is an interesting platform that have given many financial freedom but the major problem I am observing is the issue of trust. We do not trust ourselves in the cryptoworld.

I found that Crypto was perfect for what I wanted. I see that governments are wanting Crypto to be transparent about the identity of the Altcoin owner since anonymity makes the government concerned about criminals using them for illegal purposes.

crypto isnt perfect , even regular currencies like fiats money are also not perfect because as what the saying says "nobodys perfect"  but of course exept the almighty god.



who tell you that? Did the president tell you that they dont want crypto to be anonymous? I dont think really think so because as what i see majority of the country were still accepting and legalizing bitcoin despite of its anonimity . Infact being anonymous is also a big advantage because we people do always want privacy on what ever we do .

In my own opinion i think crypto lacks of features , like for example it doesnt work without an internet . if devs can only produce an offline type of crypto that is not dependent on internet , that could be awesome and that can possibly  enable crypto to become a semi perfect currency.

I think we lack secure and easy-to-use newbie-friendly wallets.

We lack good exchanges in many fiat pairs in developing countries as well.

I think those "boring" projects, infrastructure, are the ones we lack the most.

We already have many 3d, virtual reality, man on mars with blockchain projects..

It is simply too easy for a scammer to take someone money without any repercussions. Hence a harsher regulation is needed and some protective code. Yes, the users are usually to blame, but in some cases, the phishing sites cannot be distinguished from the real ones. Even the green locket (cryptography security icon) in the address bar doesn't mean anything anymore.

It's only because of this that I very rarely trade...

But why any government will support bitcoin? It is true that if we got such a support the adoption of cryptocurrencies will be a lot faster but governments have an incentive to not support cryptocurrencies, you must understand that cryptocurrencies are competition to the monopoly that the state has over printing currencies, that is a monopoly that they gained by forbidding back in the day that private businesses coined their own form of money from gold, and they were very successful because gold is very easy to control, but now that bitcoin has emerged and its impossible to control it or to destroy it, they are afraid that they're going to lose their monopoly.

I think we lack price control because bitcoin's price is very unstable sometimes it is green and there are times that it is red so the articles about bitcoin tend to highlight the riskiness of investing in bitcoin which makes investor scarier and lowers down the popularity of bitcoin.

We lack of knowledge, the price, and security. If we lack of knowledge we lack ideas about crypto our earning is not that big because we do not know how to manage the crypto, lack of price cause we do not know how to play with the price and we do not know how to handle it and until now the price is still unstable, about the security we have to add our knowledge on we can secure our cryptos and until now it is still hackable by the hackers out there.

I would like to see the crypto currency free from the price dependence on bitcoin. Now practically we are all looking at the price of bitcoin. From him depends the course of almost all the crypto currency. That is, the free market of crypto-currencies, where everyone would grow and develop it, would have an individual price, we do not yet have it. Success in the development of a single coin or token is offset by the bitcoin rate. This is very bad and is a big common problem of crypto currency.

Infrastructure is based on the governance of each country and how ready the government is in providing that for its citizens. Although, I understand that could limit the level of adoption since there would be some who may not even be aware of the whole thing going on in the digital age, let alone, know how to take full control of their finances in the crypto world.

Things like this will take time though and for one thing I believe it cannot be that bad that most of these underdeveloped countries won't even have access to the internet at all, except that they may not have it the way developed countries may have it.

Exactly true lack of knowledge is the main reason because im one of it,im joining this kind of matters but still i dont have yet enough knowledge and skills to go through,so i tried and tried to catch up more things and ideas here.

In general, I want all coins and tokens to cease to be dependent on bitcoins in the price plan. I want the crypto-currency market to be a market, not a bitcoin, where he specifies when and which coin or token to grow in price, and when to fall. Now bitcoin has already fallen half as much and almost does not increase in price. Because of it, all the rest of the crypto currency can not be raised. This is a perversion, it can not be called a market.

The knowledge is everywhere and a lot of people keep sharing it every day, the problem is that people like being spoon fed and they are too lazy to do research. Sometimes, even when I get to see people ask questions on this forum, questions so silly that once you typed on Google, you will get enormous answers to, but they still just ask anyway.

If people can learn to use the internet to do research, they will get all the information they need, and the only way we may say some can have that problem is if they lack those internet facilities.

That is always a pretty good way to start in order to create some awareness. The thing is that it may look like it is not having much impact, but the little impact it is having is good enough if almost crypto enthusiasts can do the same.

However, I feel so many people even currently in this space are always getting the wrong picture and idea about cryptocurrency, and it is more like it is either they are not just ready to understand the space or the level of information out there is not much, which I want to believe the former is the case.

At present we need user friendly sources to make people understand the importance of technology, blockchain, cryptocurrency and its usage over the traditional system. Maybe it looks weird for them at the beginning, but if they understand it in the right manner the spreading will happen. When the adoption and usage increase automatically the growth will happen. On the other hand, when something is used by a large user group it is impossible for governments to restrict its usage. Also people should not give ears to the negative news that spread around relating to cryptocurrency.

In my own opinion, cryptocurrency is lack of community on the different countries because there are still country where bitcoins is not legalized and because of that cryptocurrency cannot be fully used by different people all over the world.

The governments see the anonymity in cryptocurrency transaction as a problem with the cryptocurrency industry and are looking for every means to impose ban and other regulations on cryptocurrency usability. Right now, the major challenge with cryptocurrency is with internet accessibility. You cannot use or access cryptocurrencies without an internet coverage and not all parts of the world have internet access.

Apparently. In fact, with the level at which we have gotten to, few years ago; I would not have believed we could have gotten to this level at all. On a normal ground, we cannot actually get everyone to understand how the space works globally as some will be restricted to the information, some may not even want to care and it would end up being like a segregation where we end up having the crypto enthusiasts and then those who prefer the traditional way as well as those who are closed out from the digital age.

The main problem is that whenever a new coin is introduced in the market these days, it is regulated by the company that has produced it so there is an illusion by the general public that the concept of bitcoin is still valid however that is not true since centralization has been introduced from the start

For some time now, there has been fake or scam ICO's in the cryptocurrency market and most people complain of scam projects. It is sad to fully participate in a project and at the end, you here it is a scam. It would be  better if we get detectors for scam bounties.

the most important thing we lack in the crypto world is genuine guidance for newbies in the crypto world they are one strong foundation in future market

I think what we lack is regulation. A system to protect the investors and the crypto currency we are also investing on. I also thibg we beed more security when it comes to investing our hard esrned money into crypto currency to deter money launderers and give crypto currency a bad rep. Lastly is an everylasting want for more security.

I think the most obvious and important thing that we are lacking is an education and patience of the community. Many things which are bad here are just caused because of the community,

We are lack of awareness and education since most of the communitu member dont even know whats blockchain is all about,and what can benefits this to us,instead all they know is we can gain money here and it can be done overnight.this is the most important thing that must be addressed here in cryptocurrency

What we lack in the cryptocurrency is the public information that allows traders and investors and most especially the interested people to know about it and how to earn or trade from it. There should be proper advertisement to let those people know more about the cryptocurrency. It must conduct seminars that will educate us moreover.

I think for me, there are people who are lack of perseverance. And some other people who uses bitcoin or any other cryptocurrencies, they are lack of motivation and being industrious. Many people also who uses bitcoin are lack of confidence to use cryptocurrencies like bitcoin because they are afraid to be scammed or afraid to be hacked. Many people dont trust cryptocurrencies and I do believe that. Some other people are lack of patience to wait before they get their income.

There are many problems in the cryptocurrencies market which are preventing this market to grow and develop fully. There are many problems like the price manipulation, illegal activities of cybercriminals, transactions delays, Pump and dump ICO schemes and huge price fluctuation. I thing all of these problems can be solved by proper regulation of the crypto market which we are lacking now

We lack avenues to spend cryptocurrency without converting to fiat money.This is one of the major reasons why we have high volatility of tokens in the market.When people want to spend on goods and services that do not accept cryptocurrency, they have to liquidate that sometimes leads to dumping when so many people are liquidating.

Easy of integration with banks? I mean if I can connect my bitcoin or any other coin to my bank account (you can get an agreement with a bank thats global like HSBC which has banks in all over the globe and not just a local bank) that means I can spend my coins anywhere I want. I can just spend my money as btc or fiat and the person I am buying stuff from can get it anyway they want. Making people accept that as a new coin is really hard but if banks get in between than we can make it easier.

I agree with you i would also add stability, it is greatly needed cause crypto currencies fluctuate all the time there is no guessing what will happen next

In learning of crypto, there are still many people don't have enough knowledge and idea about it. Where most people got scam because of don't

have any knowledge. But try to check out the top coins in cryptocurrencies in the coinmarketcap then you should know the basic things about in

altcoins that are potential one.

I think amishmanish nailed most the issues exceptionally well. In any event I totally concur with what he said. I will simply feature one major general issue as I would see it. We need information and genuine comprehension about crypto, in both innovative and ideological viewpoints. The market is totally managed by theory at this moment, and that gives it the bullish conduct everybody discusses, and creates insurance on the planet.

In the event that individuals don't feel anchor about it, it will just draw in financial specialists that need some quick benefit and wouldn't fret going for broke. That is obviously a low level of individuals around the globe, and we will never get genuine selection if crypto doesn't engage those that detest going out on a limb with their economies. At last absence of learning is obviously effortlessly abused by tricksters around the globe.

We have obviously a considerable measure of specialized issues, yet those were at that point said by amishmanish, however I don't think these eventual issues, on the grounds that if speculators knew about what is occurring with bitcoin and crypto, they would essentially be quiet since they would know advancement is en route, that could undoubtedly take care of each one of those issues. So for me, absence of information is the principle issue in crytpo world.

 I think that the main thing we lack in the crypto world is that of doing that is stable in value to be used as a unit against all other coins, the bitcoin which is used for all the cryptocurrencies also has a high volatility rate which is a problem when investments in a short-term trading are considered

If you want to guess every second what is happening to the market price then you are living a fool's dream.

Crypto prices are very volatile and you cant handle it then you have to leave it. It almost a running theme now that bitcoin or crypto is a scam because its trading has high risk involved. This is not justified because market movements depend on how people are doing their trades and not what price it is at currently. You cant blame a bunch of panic sellars to be the reason an asset to be a scam.

This is right you may not guess the market price movement, the highly volatile cryptocurrency that makes fluctuated every now and then.

Bitcoin is the main coin of all cryptocurrencies but this is a very high volatile coin which is not good for investment in short-term only. The lack of those investors in crypto's is afraid to invest more because of many issues on bitcoin that it is a scam. Make market worst when small hodlers are panic sellers that make a big laugh on whales in the crypto.

Your words make no sense at all. Fluctuations in the market price is due to buy and sell pressure which go on everyday.

Its not that volatile as you speak. Prices currently dropped after some stagnant run around 8k to 7.5k USD mark. Like in short term those who sold at 8k can buy at 7k and thus they are have more coins at hand for the next bull run.

If they think bitcoin is a scam then they are investors at all. Those who are real investors are going to do proper research before they invest. What you speak of are people who jump from one sector to another not finding solace in any one.

I am not an expert in cryptocurrency but I understand why some countries try to ban or regulate cryptocurrency. Maybe that is because they don't want their citizens to get involved in a high risk and a volatile investment.

I would like to have a global exchange platform where I will be able to exchange any cryptocurrency to USD/EUR/etc. In my opinion that would be so comfortable and much better than it is right now with all those kyc procedures and the stuff on different exchanges.

More services are needed to use crypto-currency when it will be a day-to-day business: going to the store, buying various goods online, offline, utilities, salary. I'm currently working with this project EAGLEX  .And of course need the support of a large community  ;)

 The main problem is that people still see this only as a "quick way" to cash in some money, which is a completely misinterpreted purpose of cryptocurrencies. Still, until the market stabilizes, we will see all sorts of shitcoins, scams, and other types of frauds for which the whole community, which is huge and honest, will be marked as bad. We need to work on our image first. This could be done by moving the standards on exchanges, checking the products that advertise as "we made a completely new thing" and so on. Regulations from states are only confused moves made by confused people. Its not their or our fault. We need to work together to make this right, otherwise, we will be stuck in this "get rich fast" parody.

I observed crypto currencies increasingly being used in various countries with various types of goods that could be bought. This shows how strong the community wants to be able to transact directly without involving third parties, such as banks or brokers. One of the disadvantages of using crypto is the lack of internet networks in certain areas, so it cannot be used.

The Blockchain technology and cryptocurrency is revolutionary, no doubts about that. The technology does not lack any significant intrinsic feature. What is needed now is the governmental approval and mass adoption to give the market a new sense of added value.

What we need basically for all crypto currency to be as stable as possible. I mean the concept and principle of blockchains are awesome, the only problem is it's volatility. Once that happens entrepreneurs left and right will line up to get their hands on crypto currency. I jiayt hope this happen sooner rather than later.

Basically there are a lot of things to consider adding in this industry and I see that there are many exchanges that can only be accessed when someone lives in a certain region of the world. However, there are great opportunities to make a profit if there were an arbitrage exchange to execute such a trade securely and for me this is something that is missing from the industry that could help people profit and stabilize all this volatility that keeps many out of the game and also in near future.

I think that wee need more merchants which accepting Bitcoin or other cryptocurrencies, but there is problem which coming with that, most of people needs fiat money for their products because they have to pay bills and other inputs which is payed by fiat currency.

THe anonymity is a problem. Many individuals here that has taken a lot of courage to scam users. This because the identity are not known and the best way for the hackers to be free from any traces to be known when they have done hacking or scamming activity. I just wish that this feature of cryptocurrency will be remove.

It is pretty obvious that we lack the ability to adapt more about Blockchain. People only tend to go here because they see that they could get a lot of money here.

anyone catch the blockchain for voting discussion on Billions?

decentralized and anonymous was main feature from cryptocurrency market.as we know in each transaction in blockchain could not tracked.it just contain tx has transaction .moreover if hackers selling their hacking result in dex exchanges.no solution to track them.

alot of cryptos are not fully anonymous . one example of that is bitcoin where you can still be traced if they search and follow your public address but if the bitcoin is mixed using a mixing service  , that would not be traceable anymore   . bitcoin or cryptos anonimity is not really a problem but its an advantage because people can have a freedom  .  i think what we only lack is the knowledge on why some people are falsely believe that bitcoin is bad and not legit .

right, at the exchange of dex, we will know the person's identity. but sometimes it will be difficult to track it if they transfer to many accounts, or move to move wallet accounts. even though it can be dealt with, it requires time and thought besides that from a legal perspective that is not yet strong

Thats what we want, of course our hope when adopting bitcoin as a currency is to be able to use it directly to buy in a store.
like using a common currency. without the need for help from third parties for payment, that's what is needed by many users today

I think the main problem is that bitcoin has been sold as a way to get rich easly not as a real solution for life problems.. Almost everyone who gets in into this technology came because of the histories about people getting rich easly. Bitcoin is a technoly and need to be sold as this idea. To no forge new people into thinking its all about getting rich and then getting away and claim to be a scam.

It's not a problem anymore as in my country we are able to do that using coins.ph; I believe that some countries have that kind of service also. On the other hand, I think the main problem in crypto are not all people are capable of adopting and it's not easy to be regulated as it's decentralized.

 Different perspection in crypto world may generalize how the possible outcome may exclude. I think the adoptation was unfortunately been the issue since crypto had launched, maybe because of doubt and inconsistency of its development on which many people are afraid to fall from tricks and loses. In short, people who are lack of knowledge will never adopt crypto world to earn profits.

It's really hard to say what we lack right now because we know that this is an open market with no central authority. Of course we wanted mass adoption but it's difficult to say when merchants or big companies will fully integrate bitcoin as payment scheme.

Regulations? KYC/AML? As much as I don't like it but I guess this will be the trend in the future though. Almost all exchanges are requiring as to verify our accounts and I think this will bring more good in the long run.

you are right. however it is very important for the future. it's just that we know that this is not enough. a lot of ideas are currently being developed so that people receive crypto again like the IEO, KYC, and others. it's only a matter of time until the best ideas emerge.

I think crypto is really a good idea now, but the problem is that KYC is always hampered later
limitation of a country accepting this too
the last thing is whether crypto can be used in many communities and certainly can be accepted by all groups and fully the government can support crypto in the future safely

I think if everyone uses KYC for cryptocurrency they will make all human privacy insecure and certainly your identity will be known by many people, KYC will be good when controlled by good people and will be bad if your identity is spread to bad people.

One thing that i have realized it would be off a high importance to the crypto community is we having some online marketing platforms such as Amazon and Ebay that would accept cryptocurrencies so that we can actually spend our cryptocurrencies in our daily lives.

Crypto need some sort of guidelines or quasi- regulations. The space has earned a bad reputation of being full of scam projects. It needs some cleaning up to allow for wider adoption by all.The current restrictions in some countries are there in a bit to curb the excesses of some fraudulent deals or scams

I think we need that governments be more opened and also people who have bussiness to accept crypto as a method of payment, and no one to ban crypto coins and let them be used for who want to.

of course all who are here hope and want it like that, but it is only a discourse that is difficult to legalize. it's not that easy to legalize crypto, because we know crypto is very risky and the price is difficult to predict, maybe that's the reason the government prohibits it.

In today’s world, we have little choice but to pay the fees that cover the costs of an archaic financial system, with call centers, back office teams in their masses and the reams of paperwork that continue to destroy the world’s ecosystem. Add to that, the sizeable number of crimes committed each year, which is possible because of the systems in place today. So, probably, for normal living in a blockchain world we need first to accept blockchain technology in every sphere. Just approve it and that's it

I think because cryptocurrency can be a threat to a centralized system, where the government can control it. different from a decentralized system in which the government cannot control, and actually the government does not want to lose control

I think before looking for partners, I think we need to lead a scammer from the world of cryptocurrency. when there are lots of projects that have real goals, and are far from scammers, I think this will make people come to crypto. basically this is a very advanced development on the internet.

Trust issues is a major drawback,  scammers everywhere in sheepskin, it is almost like they work harder than the average crypto enthusiast

For me, we are lack of knowledge on how useful crypto is. Mostly, people on crypto only know that crypto is just an investment scheme, only few knows how it is very useful for human being to have easy and comfortable life if we use blockchain technology to our daily living. If we have subject on school about blockchain technology, we can clearly know how crypto and blockchain are so useful.

Overstock (American online retailer) accepts bitcoin.

And bitcoin has Open Bazaar, which accepts cryptocurrencies:

https://openbazaar.org/

People keep saying, "I wish retailers accepted crypto" - but when they do, they don't buy anything from them. It's use or lose it. Retailers will disable the "pay by crypto" option if sales are low.

Yeah right, online partners that will allow us to consume our crypto so it will not for investment alone but to use it as what's the real intend for
creating this system, if we  will be able to have a good online partnership that have strong bonds, it will gain more interest and many other
people around will be attracted and begin to use the system.

Honestly the current numbers of people who knew or have knowledge about cryptos is very few compared to the overall populace, rigorous enlighment had to intensifies to bring more people to cryptos, there are alot of potential investors who haven't any idea about cryptos if the bridge or gap between non users and users is close it's going to ensure growth into the crypts world.

Lack of knowledge is what keeps people in dark even in 21 century. What people fail to understand is that world is making progress whether they like it or not, future doesnt wait for anyone! Crypto is an idea that isn`t fully explored yet, we need to give it a chance before we move to next big ideas. Many people still dont knows nothing about crypto, institutions are not using crypto, some governments still not aware of crypto, but for me that will be different in few years, we are on the good direction.

first and foremost we need to accept cryptocurrency as like a normal currency it is the only way of getting into it for a long period of time and your success is depends only with the investors and so taking to a long time will available in our hands.

We must know the factor who behind it happen, let say everyone have a lack knowledge to cryptocurrency what is the factor about it? For me it just because there is someone who has a power to make everyone believe that cryptocurrency is a scams investment. Either a government says or someone who has popular again an investment such as Warren Buffet.

With the result that, I'm sure if there is someone who has an interesting to cryptocurrency before but he gets an information which stated that cryptocurrency is a bade thing that should be avoide by him then he will leave it easiliy. You may know, the charracter of someone's mindset it depends on the assumption of many people and we see that know.

As for the function of blockchain, it's true will give many easier to meet their daily life. However, we must recognize a service that use it still a little bit.

I think, blockchain technology is already full filled with all the needs a common individual needs. There are a lot of new emerging companies which will make the transactions much more easier and faster and supported by wide connections much sooner. Until now, blockchain technology has not shown any such emerging need but there might me some more modern and advanced techniques which will soon collaborate with the blockchain technology.

What we currently lack in the cryptos world is getting legalized from the government of each possible country which will make cryptos self dependent and long lasting which would be trusted by various nationalized banks as well.

Peoples face issues like high network cost or may be any other such problem while going through crypto payment. Crypto payments should be made much easier by some advanced techniques so that all the retailers who accept cryptos should not face any such issues. Those retailers have to forcefully shut down the option to pay with cryptos if they don't gain much interest from the community so the community who at least demands such needs should support them and try making them wide. Cryptos have really started a wide global marketplace which is contributing towards the growth of bitcoins and might also bring something unique towards us.

There is a lack of legalization of cryptocurrency, because no one can give 100% security for coin holders.
As soon as security happens and the governments of countries legalize Bitcoin, everything will fly to the moon ... ;)

Yeah maybe that is a disadvantage for most users who use bitcoin as a currency too. legalization will open up a lot of adoption, as well as accepting bitcoin as legitimate payments directly in the store. but what you say is true, legalization is not as easy as imagined, they certainly want the user to be controlled and that makes the government difficult to regulate and legalize it

We simply lack knowledge. Even those people that call themselves experts cannot use these technical analyses for making right predictions for the market. It is the most important thing we need.

You have no idea what you are speaking of. Legalization means government involvement. That immediately brings in a lot of problem. With governments trying to censor everything bitcoin is not far from their reach. They are trying their best to cull the crypto community and they are not willing to let average tax-paying citizens to get involved. If your statement would become true then 99% of crypto users would be persecuted for possessing digital assets which are being used for criminal purpose - or at least thats what the court of US thinks on crypto.

You get my point? Government involvement is taken to be a bearish sentiment by the community.

In cryptocurrency, in my opinion, the possibility of a constant exchange of absolutely all types of cryptocurrencies is not enough. First of all, it is necessary to create a mechanism that obliges the teams of existing projects after the ICO to buy back their tokens at some minimum price. This is an abnormal situation when ICO teams collect millions of dollars, invest them in their business, but do not care about their tokens and do not put them on the exchange.

In my repurchase system this is not very good. what needs to be improved is that the current system must be changed and also the rules that require the legality of each project and also the transparency of each fund. so everyone knows clearly the financial statements of each project. the possibility that if it could be clearer everyone would be easier to understand or invest in research

It is very obvious that cryptocurrency lack the full support of most governments. Others even remain neutral about it and this has been the biggest challenge to cryptocurrency as it hinders the adoption people prefer to listen to the government irrespective. However, as cryptocurrency grows gradually, it is likely that most governments will eventually accept crypto.

Bitcoin not be control by any one and any country, many country want to banned bitcoin because they want to stop how bitcoin popular with higher price and become bitcoin legal transaction if could control how bitcoin price. Bitcoin only manage by investor when holding price is higher and when selling price of bitcoin become down, many country try to manage bitcoin with power control to make bitcoin have higher price.

What do we need for normal living in a blockchain world? The first in my view is the correct education about understanding cryptocurrency and blockchain technology, there are still many who do not know and there are still many who do not understand the concept of blockchain technology. In my opinion in a world there must be regulations, but in blockchain technology regulations are considered to have a negative impact on the performance of the digital currency, there are also those who agree to regulations so that mass adoption increases. Here I am also confused because blockchain technology is global, so if we do something for blockchain technology developers there will be a bad and good impact on the user's eyes.

What is needed is the worldwide adoption of Bitcoin, many events are happening that are making the big ones wake up, including some countries, recognized company projects, Spain "The House of Coin" partnered with PwC to evolve the processes to save their data and identification, some stores sell fractions of Bitcoin for FIAT money, everything goes to a path that leads to Bitcoin.

Even some nations fear the launching of stablecoins because they can put their local economy at risk, I believe that global adoption is what is needed for the market to grow where it should always be, and when I get there I think the market will take a turn, it will have the same phases of accumulation and distribution, but its phases of accumulation will be higher, since demand will be high and supply will be low, the trend that many experts see but do not recognize is that.

What we need is regulation, not for the price, but for exchanges, projects, ICOs and such. We lack guidelines for these projects and that leads to scams, thefts, etc. That is the only thing I can think of that we lack. If we're able to do this, then trust from the general public would be gained, next are the investors, and all will follow. If we can't avoid scams, we must somehow do something to prevent or penalize them.

It's very important for us to know the lack of the cryptocurrency platform, I think there are various types of lacks within this system, firstly, The most people around the world don't have sufficient technical knowledge, so they are going behind of this platform, without proper knowledge no one can shine in this system, Secondly, required transaction time is high, we can convert it as a general currency at least one hour later, but for me, The significant reason is the lack of regulation, It's impossible to protect any negative incidents without proper regulation that is fully absence in this platform. Finally, adoption is one of the great barriers to this platform, until we can't solve it, we can't use it properly.

Cryptocurrency don't need regulations or anything selfishly suggested by us, it is the majority that lacks something, and that is discipline, if only we all have proper discipline, no one would take the advantage of being anonymous in cryptocurrency to scam people by what you have mentioned, everything is going to be alright with honesty, and proper disciplinary actions to ourselves (though it is impossible) people nowadays are selfihs and only care for themselves.

You can't control on how other people think. Even though you will promote and spread the word honesty to any platform that you know, it is still not enough to lessen or to even make sure that there will be no scams that is going to happen with cryptocurrency. Regulation is a huge help for cryptocurrency because it will give a chance to cryptocurrency to potentially lessen or put a limit on how should people act in terms of using cryptocurrency.

The crypto market has exhausted its popular methods of making money, which has resulted in less or even no new ways to stimulate a person’s interest in digital currencies. Additionally, there is lack of risk diversification in the crypto market because everything follows bitcoin trend, generally which could make enthusiasts lose interest in the market because they are afraid to lose their assets and investments. There is also the issue of volatility, which is heavily plaguing the crypto market and which could potentially result in people losing a lot of their digital assets and investments.

In addition to that, due to lack of education too, most people don't believe in crypto as they don't believe that this can be change the currency , they think that this is a big scam. Unless we introduce this to people and letting them know the benefit , I think that would help their perception.

When we are in need of decentralization then regulation is against it,and regulation is just going to increase the tax and expose privacy of a decentralized payment method.Already most of the crypto services were regulated that is why we are in need of KYC approval for bigger limits.Investors need to avoid scams projects,don't give it to someone's hand.

I doubt if this will not happen. With the way Bitcoin is spreading, I don't think the government will ever let it be independent. They will always want to be a part taker, that is if we don't want Bitcoin to be completely banned worldwide by various governments. Only regulations from state government of different countries will make it be with us.

If we talk about scams then I think it is not the main issue. The biggest problem is most of the common people are still unaware of digital currencies. I don't know how come this is the case because biggest social platforms like twitter, Facebook etc have million of users and these platforms have been talking about digital coins for long now. Crypto coins will gain more fame if media starts talking about it more. Anyway, bitcoin is far famous than before and the day is nearby when we will be dealing with crypto coins only.

Lack of crypto with lower price only, when you buy coin with higher price and suddenly down you have take faster cut lost without waiting or holding for long term, you can lost all if you not cut lost because is lack of cryptocurrency, they only give profit when price up and lost your money when price down, keep take moment to know when bitcoin or altcoin down by reading forum discussion and check many channel news.

Despite the numerous achievement of cryptocurrency, it still lacks certain factors and this hinders its swift progress to mass adoption. One of the main factors crypto lack is regulation. In the absence of regulation, many bad actors have chosen to tarnish the image of crypto by coming up with scam ideas or project.

Indeed. We don't lack anything in cryptocurrency because we don't need to be regulated by the government or anything else. It is much better in cryptocurrency if we have freedom in everything. People who uses crypto only just wanted to accept cryptocurrency as a payment, but not to be regulated. It's true that cryptocurrency has a lot of illegal activities that are happening like scams which we cannot do anything about it, even cryptocurrency will be regulated.

Buying back is a good idea in order to help the coin maintain a minimum price mark. This helps both investors, holders and traders to decide at what price to play around with the token in order to always maintain the value of the coin. Also, the exchanges can set a mechanism which will not allow traders to set a price which is beyond a particular low price.

For now people outside crypto world don't want to believe it because government didn't support crypto. and in addition too, that people don't want to believe it because of other country banning crypto and bitcoin. negativity is still spreading because of governments desires. but its still amaze me that there are projects who really spread crypto's uses and how they benefit it. but there are still lack of products and services that support crypto to use by people.

It's quite funny when questions like these come up and almost everybody have an idea of the problem yet we are all not in our individual ways helping in making the agenda of global adoption of cryptocurrencies a reality. In addition to what has been discussed here, i believe we need to really have some recognized marketplaces who are willing to accept cryptocurrencies as payments for goods.

The most important part of it all, we crypto enthusiasts willing to trade our cryptocurrencies for such services. if we don't really spend it to make the world see it how successful it's being the interest to gain knowledge about it will still be dead.
They need to see its essence then grow an interest learning about it.

The crypto sector can make it easier in the payment sector because of the ease in transacting online and blockchain technology provides new offers from payment systems that are still available today and in my opinion when looking at conditions where more and more are interested then the number of users will always increase every year

The lack in crypto world are knowledge some people have lack in knowledge about crypto they want easy money and easy income they don't want to wait for a long time to get profit. So knowledge is very important once you enter in the world of crypto.

In my opinion there are certain limitations which need to be covered in crypto world like
1-Proper knowledge of working behind these coins or technical knowledge and level of skills
2-Higher transaction fees and limit on certain amounts
3-No support from people and governmemts
4-Greed among people which leads to scams.
But all these can be covered if we give our full support to the system and blockchain technology which will provide us a better world.

We need make community how to build crypto become very popular payment currencies, many country have try to banned bitcoin but we make community how to build bitcoin, every country have community to make bitcoin accepted with our community as payment system. By have big community I think wait time when bitcoin become legal transaction payment on the future.

I think we need to educate people about blockchain and Cryptocurrencies. No government is straightaway going to come ahead and adopt Cryptocurrencies it will be the citizens who trigger something which would lead to such adoption but for citizens to do such a thing we need to educate them about how good Cryptocurrencies are and what change can it bring in our lives. I think maybe a few seminars and social media campaign can do this thing because many people still feel bitcoin is a pyramiding get rich quick scheme.

I think there are many benefits that can be obtained from cryptocurrency, in terms of technology, there are so many advantages when making a transaction or sending money, so cryptocurrency can be one of the best solutions because it can make shipping quickly and safely so that transactions become easier and more convenient.

in my opinion the weakness of the crypto world is the number of fraudsters and hackers. in my opinion this is the biggest problem in cryptocurrency. and negative news such as crypto is used for money laundering, illegal trade. it all makes people afraid to invest in crypto. and this happens because of lack of knowledge about cryptocurrency. therefore we as a cryptocurrency community should always promote good and positive things about cryptocurrency.

I'm not reall an expert here in the crypto community but I think the duration of mine upon investing and bounty hunting is already enough to make a guess on what we lack here in the crypto world. We all know that crypto is a decentralized currency which means the government or other organization doesn't have any control towards it but maybe if we would let some of them in to regulate scammers and frauds, we can have a better crypto world. That is one of the main reason why there are slow or no progress here, because of those greedy bastards.

We can prevent those scammers and frauds by ourselves, it's not worthy to risk the decentralization of cryptocurrency just for this, if you don't want to be scammed, make yourself better, don't rush your decision, set your plans and limitations, discipline yourself so you could be not easily trick by these people, do that and keep Cryptocurrency safe from the Government.

What we really need in this blockchain world is knowledge!! Many people entering in the blockchain world or crypto that has not enough knowledge or maybe don't really have knowledge on what crypto is all about. They just know that crypto is just a way in which they can earn money and that's all. We the people or experts here in crypto must teach those newbies on how and what to do in this society so they become a good trader or bounty hunter someday in this field. We are the only one that can help them because we are the veterans in this league, we can share our knowledge to them for the sake of their knowledge to expands about this crypto world.

We are still lack of knowledge and users, so, what we need to do is to attract users to be able to know more about crypto especially Bitcoin, we should unite as one. Imagine the price of Btc if all people are using it and all have in their wallet as their investment, also if businessman will use this too as alternative way for their payment option.

The first one in order to live a normal life in a blockchain world is to upgrade it's security as of that upgrading our security will be lessen the crimes that are involving crypto and also to have a secured access in the cyber world. Second is we need to have an all out access in the internet so that we can all have some informations on what is crypto all about and also the assets that we have. Third is when the security was upgraded and lessen the crime here that may also helps to the government to accept blockchain or crypto.

This only works if retailers accept bitcoin and other cryptocurrencies.

We had a huge setback in Dec 2017 when Steam and others disabled bitcoin because of the backlogs.

If we talk about the technical aspects, it is not enough of course a new and more correct distribution of coins, to spend such a lot of electricity for PoW in our time is bad for the planet and for people. PoS also does not bring anything good, since a large amount of coins can fall into bad hands and to some government.
If we are talking about fixed-issue tokens, they are usually in the wrong hands from the very beginning.

We need to understand why do we need blockchain? I see for myself only one use case as a check of integrity and immutability of data in the database.
As a cryptocurrency, it is still very unstable and not safe.

Bitcoin can adoption in country if have real product, the same with altcoin publish to public with giving real product for every investor participants, by have real product government look agree and like for using bitcoin, bitcoin become topic discussion if have price higher but when bitcoin down many investor look not interested with bitcoin as investment or trading, they only take moment with bitcoin and altcoin when higher price.

of course that makes cryptocurrency can have very high prices like this because cryptocurrency has a technology that is very useful for many people when they want to make transactions, so many payments become easier and more convenient when using because it does not spend too much time.

I may add  that blockchain is very young for use in economic purposes!

First of all, cryptocurrencies lack a wider distribution in everyday life.
This is not surprising because a certain number of applications in real life has a small number of cryptocurrencies, which causes difficulties for ordinary people in their application and interaction with them.
In addition, the duration of transactions, market volatility, the complexity of using certain types of cryptocurrency wallets, at the moment, complicates the use of cryptocurrency as a universal means of payment.
But we are developing, blockchains continue to improve, accelerate, I won’t be surprised that after half a year or even a year we will see the implementation of projects that fully meet the criteria of digital currency. Fast, reliable, safe.

Lack of knowledge about crypto and exchange market will make you have to faced with moment lost assets with bitcoin and altcoin investment, before become investor or trader you have understand about how bitcoin price and when best time to buy and sell bitcoin. Many people do not understand so far with bitcoin how to be profitable investing for the future and become best investment assets.

I think even young blockchain is enough to improve current economy situation. What the world is facing, only some technological innovation can save us and that has already happened.  We have very good options with us. Blockchain provides anonymity and security. Crypto currencies that use this technology can produce huge profits. These are enough for improving one’s financial standard.

Crypto currencies are created using technological advances and times and that will be needed by everyone because technological advances continue to develop and of course with all the deficiencies will still appear for now the most fundamental drawbacks are the legality and security of crypto currencies I hope that the eyes of the eye crypto money will grow rapidly and all deficiencies will get repair

For me, the lack we are looking at this rate is the economic lack / the 3rd world country that can't catch up to that kind of technology. Also, government approval, we know some reason why bitcoin is created to have an alternative payment system that no one can control. But some countries have a law and jurisdiction about there currency and other currency that was running to their state, and this is their primary reason. :)

What's been mentioned is right, but different governments have their own economic policies. This can't be easily over written. To frame these policies it could have taken years and years. The cryptocurrency network is very young and new to the people as well the governing bodies. It takes time for research and do the right thing of legal approval for usage.

Perhaps I will say very unpleasant things for most cryptocurrency users, but I believe that for the further development of the cryptocurrency market there is not enough real control and regulation of the whole process so that the cryptocurrency does not meet any resistance from governments and state structures and has every opportunity for legal existence.  Of course, this view of the future has quite a few opponents, but I think that many will agree with my opinion.

We can't control how the government of each country will react and move against crypto for all of them has theur reasons and interests upon implementing things and putting restrictions. What we can do now is behaving properly so we can give positive impact to the crypto space because we are all affecting it and contributes to whatever happens within it. We lack knowledge about what are the proper things to do leading us to make wrong decisions that is higly affecting and driving the market up or down.

For me what is highly affecting cause of why some people or investors aren't entering the crypto space is the strong volatility of the market. What lacks in it is the consistency that a crypto could be for the investors to have an assurance on investing to a particular project. Secondly, when it comes to adoption and supporters, we couldn't say that it is not accepted widely, we already have the freedom to enter crypto in a way we want. Lastly, Some people says the crypto being unable to reverse the payment also considered a lacking in crypto. But for me, it is necesary for people to think first and become so sure that each and every transactions they made should be precise.

We could use this resource to figure out more: https://ccoingossip.com/advantages-and-disadvantages-of-cryptocurrency/

Honestly stability above all else.

In my country, we have a lack of knowledge about cryptocurrencies. There are unfortunately 3 groups of people I know. The first one has never heard anything about Bitcoin and crypto. The second one consists of skeptics, who take BTC as at least a bubble. The third group includes people, who make money on crypto. Unfortunately, the 3rd one is less than 5% as I know. We need more information.

I agree with you that all the reasons you mentioned are true. there are many things that block crypto and blockchain for mass adoption. First, not all countries in the world have good internet access. those who live in remote areas do not yet have internet access. secondly cryptocurrency is often used to commit crimes such as money laundering and fraud. so negative news about cryptocurrency makes people afraid to enter cryptocurrency.

Crypto world lacks set bodies or regulations which run checks on project before they enter the market. Due to the lack of this, many scam projects are free to enter which leads many investors with losses. Also, cryptocurrency is not accepted by all the governments and this has been a hindering factor to the smooth progress towards mass adoption.

As of today, most countries doesn't agree yet in crypto world, so what we are lacking today is the support from our government, once we do have support from the government most people will trust Bitcoin and crypto world, they will begin to adopt it. People who doesn't have much knowledge about crypto needs guidance from our government, so one word will make them believe in it.

That was short. But honestly don't you think that we don't need that at all especially when the main purpose of investors is to make money out of digital coins. If these coins will become stable then there is no way to become rich with the help of these. The more volatile an asset is, the more money it can return. Volatility is the reason due to which people were able to become millionaire.

Certainly support from the government where we live. In the crypto world today, profit is important, we need a thought where we really support what is called digital currency and blockchain technology.

In other cases where governments can adopt blockchain technology. then by creating its own cryptocurrency as a payment tool. Because if the government still uses a decentral or global digital currency like bitcoin, this will be a conflict between the many countries that have adopted the technology blockchain.

I think a bit of regulations on exchanges and new project wouldn't harm anyone. It will affect the decentralization aspect a bit but it will also provide the needed security to the people. Many people are wary of cryptos because of the lack of security of their funds. Though the security depends upon us only but little bit of regulations over exchanges will bring cryptos int he good books.

I think that regulations can have a good effect, as well as having a law to protect those investors, so that they can have something that can sue in case one project run away or turned to scam. As well as, we should unite as one in eliminating scam so people who were once victim of scam, will once again gain the trust for crypto. 

The investors of bitcoin are already having utmost protection from everyone. No one can track their asset, no one can seal away or snatch it. Bitcoin is the most secure asset on our planet. So there is no need of regulation. Nobody wants the law enforcing authority to get track of one’s assets. All holders enjoy the control and freedom that bitcoin has brought with it. Falling victim to scams can’t be protected by laws either.

   This is the reason why states whose economy was crumbling adopted crypto currencies and they are even trying to make it convenient for the public the usage of crypto currencies and that is why Venezuela has launched first ever bitcoin ATM. People need to understand that we live in smart world and no country can survive without adopting latest technologies especially if they are related to economy.

What we are really lacking here is acceptance. If the government will accept cryptocurrency, they will make a move in order to fulfill what's other lacking like knowledge. If only the government will support crypto, they can include it in the curriculum so that students and millennials can learn and adopt cryptocurrency. If more people discover crypto, merchants will adopt to it. Making it an option for payments and such.
The only problem would be, non techy people and rural places. Well, it's not actually a problem since they can still choose not to adopt on it if they are not capable.

People have use smart currency at the future to keep inflation each transaction made, many people do not believe with their cash money have lower value at the future and must change their payment way with bitcoin as currency without inflation, people remember with their money value with last five year can buy with many kind but after inflation value of cash money make lower price and can't buy with the same thing like last five years.

Agree with you once the government of every nation will accept and will inform people that they will legalize Bitcoin and other altcoins, then for sure the adoption is unstoppable as well as the price cannot stop anymore, as the number of users will increase day by day. But, at the moment, we still need a lot of time and patience before it will happen, as there's still a lot of deliberations coming in and needs proof that Bitcoin and other crypto will not affect the global economy.

Financial literacy is what they lack because they don't understand the basics of the economics and how the inflation rate works. If we will introduce or add financial literacy here in the cryptocurrency world then it will enlighten a lot of people and they will realize that there is also other investment vehicles other than cryptocurrency that can help their money to grow over the time and beat the inflation.

What I regret is that from the current system there are so many frauds that occur even more sophisticated fraudsters do more skilled fraud mechanisms and in my opinion indeed for so many people who vote so that each country can set Cryptocurrency to finalize the existence of fraud that happened to Cryptocurrency. This is a problem that continues to occur until now

The world of crypto currencies could be cleaned of scammers if all projects ask for valid documents and if government shows support for these projects, there will not be any place for scammers. It is not impossible for government and the teams of projects to prevent people from scamming. Everything in the digital world is possible to trace most of the times and scammers could be punished to teach them a good lesson.

At the moment it's still very hard to regulate online projects and catch scammers because internet is worldwide and your government won't put much effort to catch person from another country and etc so still and I think in future too you'll have a need to use your brain or maybe every domain registrator will require KYC documents for that so this way I guess it will be avoided.
Regulations on exchanges has it's pros and cons and that's mentioned correctly.
In crypto world we lack the situation which was 11 years ago when bitcoin was created. At that moment it was truly decentralized, anonymous and in overall amazing currency. Now it's becoming opposite of this and is subject of commercial business.

Stability and bigger market cap. Market is too small right now to be stable all the time, some sharks can release bitcoin for 100M and all market crashes. We need to have atleast 1T of market cap.

market is big but it will be more better if more people will enter and make the market cap become bigger so that crypto value's can rise more evenly   .

about the stability , i dont think we need it because being unstable is what makes crypto exciting and interisting . being unstable makes crypto unique among other asset and currency  .  we only lack of investors or new people this time but that can be provided the longer the crypto runs

That's what we need so far to have some support from the government, so that ICO can be rise again, legit projects will enjoy the benefit of having investors as they are protected and investors can guarantee that they investing in a right project too, I do hope when that happen, government will really check the legitimacy of the project, and will not just after the money that project will bribe to them.

I just hope that it would be a part of the curriculum in order to transform people to be wiser in handling their finances which I think is lacking that's why the poor becomes poorer and the rich who had been enlightened by this fact became richer. Maybe along with the lessons to be taught if it were to be introduced in the curriculum, crytpocurrencies might be introduced even as an example to a certain topic along with the other methods to circulate your money rather than keep spending it without thinking of the future.

  Mass adaptation of bitcoin is definitely going to bring positive impacts on the value of bitcoin and it would be able to increase with more speed and potential. For this purpose, we have to educate people regarding the benefits of bitcoin and crypto market on the whole. Stability of bitcoin will make it similar to conventional currencies or investment markets. Instability is the key for success of this technology.

Mass adoption is really important factor but the instability has both a good and bad side. The volatility of bitcoin price is an obstacle for bitcoin mass adoption. Let's imagine a shopkeeper what to sell goods in terms of BTC but after selling all his products if BTC price drops 10% in a single day then his business would have a huge impact. Though holding the BTC could make him profitable but he cant hold long. And a small businessman will not want to such kind of situation.
Whereas for a bitcoin trader the volatility always gives him chances, if they miss one they will wait for the next.

Crypto doesn't plan anywhere only the government and business entities are missing on blockchain to have was there security base for them. If you might be lacking somewhere means this world centralise market might burst the crypto industry some years before itself. We are stronger already in my point of view.

Absolutely, once our government and most businesses adopted blockchain and for our government to regulate it, then there's no need for us worry at all, as that is what we are just waiting for which is guidance, regulations, acceptance from the government so the doubt and fear from most people will be vanished. In this time, let's take it an opportunity why we are not there at the moment where government already accepted it, as when time comes, the price cannot be controlled anymore.

It's been proven that the government action toward crypto can shake the market, with that, I think its necessary to adopt with their system and to make this market a fully regulated one. This would reduce the scams and people will be confident in using crypto.

I understand that originally its created for decentralization purposes but we can't erase the fact that we are all under a certain government, regardless of where we are living.

I think "lack of enough Knowledge about cryptocurrency" is the problem we need to solve in order to expand the power of crypto in different countries. I believe that if many people especially those in the government is knowledgeable about crypto ,they will not be against on it and they will not ban crypto instead they will support it because it really helps many jobless people and even to our economic problem.

If we compare the present support with the past one, we can definitely see a huge difference so saying that mass adoption is just a matter of time wont be wrong at all. We just need to be a bit patient. It is not a problem after all. As far as the volatility of bitcoin and altcoins is considered, so this is important for getting benefits. Investors buy coins with an aim of becoming rich and that is only possible with high fluctuations.

For most part of this regulation there will be less substantial changes in the market we have right now. Regulated cryptocurrency system would just make itself the same as fiat currency, so what would  be the advantage of using it? Thus, making a fully regulated market is far from what I am seeing now.
The word decentralization speaks itself. Giving the financial authority to the mass, regardless of what country you are as long as you are under legal process there's no thing to worry about.

Weakness of knowledge is lack by joining with bitcoin and altcoin investing, every day have thousand information update with new coin and partner but we down't know at the first time because less reading many information, after price raise up we know all them and have been late for investing in altcoin because price have on the top.

Let's also take into consideration, why people has lack of knowledge? Because they prefer not to believe in it due to lot of scammers out there, so their mindset has been negative over crypto, which is we cannot blame people, but if we will just make time for them to check and for us to explain what really crypto is then for sure they will understand it well, we just need to educate them.

Regulation is fine if it’s only to prevent scam or criminalities that might potentialy happen within crypto market however if the regulation is too far it will be yet another problem and could potentially threaten the very first reason of why people are using crypto which is the decentralized nature altthough not all people. Yes we are living under centralized government however the government also know something called human right what makes us afraid the most is the taxation but most of the time we will be fine if we do what we should do as a citizen.

Considering people who only listens to small talk about a certain topic is wrong. Scam and frauds are caused by careless and greediness from the people. Just take a look at ICOs, ICOs these days are worthless due to untrusted remarks from their investors who got scammed and there are less legit ICOs compared to previous years. What I wanna say is ignorance is the main reason why scam and frauds are still in place. Entering this industry is a choice, No one's to blame here after all.

As a part of crypto space, you don't need to impress people with your earnings or explain to then on how it works, that is what for people to know and learn if they really want it, Not you.

Majorly what is lacking is mass adoption. We still have countries setting up regulations against cryptocurrency, Some persons are still skeptical about the genuineness of crypto. While some sectors like Financial sectors, Oil and gas, Agricultural sectors etc are beginning to adopt the use of blockchain in their services. Others are still skeptical. I sited mass adoption because until we can easily exchange Bitcoin or other altcoins for goods and services, only then will other things fall into place.

I would say a safer platform for lending money. I know people already lend and borrow btc but I'm hoping for something that spreads the risk of defaults.

Of course this is what banks practically do, for btc holders though there's very little reason to have an entity handle all their money since they can do it themselves.

Mass adoption plays very important role in the success of digital currencies. The major reason behind this is not that people find it difficult to believe in crypto coins but that most of the people are still unaware of their existence. Obviously, we cannot explore what we have not even heard about. Anyway, things are getting better as digital assets are gaining fame gradually. It wont take long before bitcoin and altcoins will serve the purpose of currency.

We can already use this forum to lend from another user vice versa but the wallet needs to be verified first however the problem is its limitation. Since in crypto, you can't trace a person's location nor his identity unless he give it to you or you trace him via the platform you use to communicate. In overall, it's still too risky because a user can run away with the money he borrows from a lender.

That is not really an option, governments are never going to adopt decentralized cryptocurrencies completely because it goes against their goals, and even more importantly it is never going to be included in the curriculum of schools so young people can learn about it, that is just a dream, if we want the market of cryptocurrencies to become more popular then we need to accept the fact that people will have to discover this market by themselves.

Instant transactions and no fees at all. Those two are prominent features that need to be implemented to bitcoin. Bitcoin(crypto) is not applicable for a canned transaction because it takes too much of your time, and the fee will be too large for a micro-transaction. For me, those are the 2 features that need to be upgraded.


Crypto is too advance for mass adoption, Imagine not all of us are technology literate. And not all of us have devices and money to avail the internet data for daily use. Those basic needs to use crypto are what stopping an average person from using it in their daily lives. The price is too unstable to serve it as a "normal" currency. Personally, I consider it a form of investment like stocks in the stock market. But who knows what if, in the future. Someone is going to create a coin that will satisfy all of the features that we are looking for. But for now, I think that will not be the bitcoin or any other altcoins.

I don't think people who only had experience with banks would be comfortable lending out their money this way. Maybe it can be a similar setup to current lending apps, which don't require face to face transactions and yet still manages to loan out fiat.

For a similar crypto platform the loans will be given out in crypto and people have the option of "lending" to the company aside from borrowing. You deposit a certain amount and the company gives it back to you after a certain amount of time. Since you are not lending to an individual, you are more likely to get your money paid back since it was pooled with all other deposits. Basically what we do in the bank anyway but the money moves faster since we are not planning on storing money in the platform.

Very few countries have regulated the use of cryptocurrencies. Even those regulations weren't that perfect and flawless. These laws weren't that effective to track the record of transactions in the form of cryptocurrencies and file tax. If I'm not wrong Israel has added it along with Gold. With cryptocurrency there isn't anything lacking, it is in the early days of growth and can expect things to be perfect over the years.

This is not true, are you even aware that we are all in the same technology world? Yes, there are some countries that lacks about how technology works but the majority of the world do knows about it. It is not about the lack in financial, or doesn't have any gadgets to use bitcoin in daily basis, it is us who lacks about the information that cryptocurrency exist and it is not a scam.

The society will never be able to adopt bitcoin as a currency if their brain and mindset about it pure negativity, we can't do about that, it is all on them.

That is right, now most people see in cryptocurrencies way to become rich fast and simply. They think it is all about spend some money on some exchange by buying some coins and then wait for a huge income, not paying attention or analyzing any market rule or situation.

Governments need to grasp the concept of crypto currencies well before regulating them. Moreover,  bitcoin cannot be regulated or you can put it the other way around, investors do not want that at all. Transactions of decentralized coin are almost impossible to track.  But if governments plan to introduce its very own digital currency for people of their country, they can do whatever they like to with it.

That is the simplest form of investors. Invest in bitcoin and then hold it for long without looking at the changing value on daily basis. Bitcoin can definitely do that. It can bring huge profits with time. However, during the time of holding, the investor wont be able to earn any money and that is why he should trade assets. Now trading demands some knowledge. Same goal can be achieved using few altcoins.

There are many countries are adapting cryptocurrency because of the projects. The world wants to make the world comfortable and easy through the use of blockchain technology and cryptocurrency.
However, there are still ideas we still lack in crypto world. Just like the full transparency. Eventhough there is the help of blockchain, we cannot deny that frauds are still the problem in this industry.

Well that's where you are wrong, a decentralized transaction could easily be traced back because all the transaction are recorded in the blockchain it's not anonymous once you know who have that address even you can trace them far back. however I agree that government need to have the grasp of crypto and blockchain aswell because as I see those people usually just release a regulation based on their thinking which usually lacking in term of technology. Should have some people with IT background to advice the regulation.

Based on what I heard, China had spent out the last six years researching about blockchain technology and the cryptocurrencies and here there are circulating news about releasing their own cryptocurrency backed by their central bank and also by the gold as what a fiat had been which in the past are dependent on a country’s silver and gold reserve. Also, there are stories going on that United States is considering to do the same and invested money on research. Since it would talk about a huge national project that would allot time and effort along with the money that the people had paid through their taxes, they need to be sure that it would have its real uses and the people would utilize it or else it would be just a waste of resources.

government are slowly adopting blockchain, they can't do it over night though so a milestone after milestone i think there will come a time we get there.

what we really lack in crypto is the merchants willing to accept BTC. you can't just find them in places where you regularly go. right now you have to go to your bank to encash your BTC but if there are stores already accepting everywhere, you might not need to travel to withdraw on ATMs to cashout and then spend. we can just directly pay BTC to a store.

In my own point of view, the crypto world is already perfect to me, the only thing that i only hate is scammers, that is why i think the things that we lack in cryptocurrency is a group of people who finds and arrest those scammers to avoid huge risk in investing in new projects here in the crypto world.

I think in the crypto world we lack some people who actually bans or the ones who can actually limit the scammers because there are actually lots of scammers in our sector just look how many people who were being scammed day by day because of them. That is also one reason why other investors are limiting to invest in some projects because they are afraid of losing money because of these kind of people. I prefer if we actually have at least one team every sector that makes our sector better by doing votes if we want to rule. Just suggesting but I think it is impossible since the crypto world is decentralized.

I think what we lacked the most in the crypto space is developing a technology that can be easily understood and related by a non-tech savvy individual. Crypto lacks project that provides real life solution and this is a great issue. Most crypto project are based on just mere whitepaper theories without the backings of a real usecase and workable product. Crypto also lacks regulations,  and i think its high time we get this now since the number of scam project are on the increase. If crypto can get this right then we can thrive towards

Blockchain means having a chain of blocks that are ciphered. But if this chain is a long one and transactions made by one person utilizes different nodes every time and all the process is basically using cryptography, what computers on earth can decipher them and trace out the starting point. The system is a way too complex. A simple deciphering demands a lot of computing power. This is blockchain we are talking about. So bitcoin is impossible to trace one way or the other.

Governments without a doubt will adapt to the different circumstances in the case decentralized cryptocurrencies become really popular, but they are only going to accept this if they are forced by cryptocurrencies otherwise they will try to keep operating as usual, so if we want a government that is not obsessed with trying to monitor everything we do then we need the popularity of cryptocurrencies to reach new levels and that is only possible if people realize the huge advantages that cryptocurrencies offer.