Bitcoin Forum

Talk to an average person, and 9.9 times out of 10, they’ll have no idea what blockchain is, with the exception of maybe Bitcoin. If they do know, it’s surface level details at best.

When a trend emerges, some people don’t want to wait to see how things play out — especially when there’s money to be made. Perhaps this story can be an example:

Remember the massive excitement Bitcoin last year? Speculative investment exploded. As the price soared, it gained public appeal. And legitimacy. And a lot of people made a lot of money, very fast.

Then the price dropped by 50%.

By the time Bitcoin’s value plummeted, it seemed like most people had lost faith. But that “lost faith” reaction really only happened among those who had jumped into space at the last minute, hoping to enjoy Bitcoin’s climb. People with knowledge of blockchain and cryptocurrencies saw this coming— in some way, shape, or form. Active participants in the emerging industry were hardly surprised by the plummet in price that followed. These are “growing pains” that arise with any new technology.

Unfortunately, that patience was not widespread. Many people who jumped into the industry looking to make a quick buck ended up jumping back out at its lowest slump. They chalked their ill-timed participation as the fault of blockchain being a “trend,” opposed to looking at the long-term nature of what it means to build something globally impactful — and the rising (and falling) tides that come with such a massive undertaking.

This is why, as markets begin to recover (and they already have), and new variations of blockchain technology cement themselves into our everyday lives, everyone from general consumers to high-profile investors need to have a firm understanding of the tech.

Couldn't agree more with your sentiment OP and it is a tragedy that people have to judge a new asset based on how they did with it. People are quick to yell scam when they lose money when in fact Bitcoin is not a scam, and couldn't be further from it. That really grinds my gears, I wish people would judge Bitcoin on its merits and their own basis rather than listening to other misinformed individuals.

And after this research we can understand that price will go higher when it will be trend

I think that the biggest differentiating factor between bitcoin and other "fads" is that bitcoin actually has a lot of backing from adopters that came before the pumps of 2017. As you mentioned, most people jumped onto bitcoin as a speculative investment in the middle of 2017 looking to make profits.

And most of these people inevitably closed their positions as the market plumetted. The earlier adopters that know what they were doing expected the bull market to end sooner or later, and as a result, did not panic buy or sell.

It's clear to me that bitcoin is going mainstream over the long run, but these periods where the market sentiment is bullish/bearish will always happen, and prices will act accordingly. In a bull makret, it'll always mean irrational investors trying to buy in at an unreasonable price looking to make a profit. But if you actually understand what bitcoin is for - you realise that it's something for the long run instead of making profits in the short run.

Now only a small audience of people knows about the cryptocurrency and BlockChain technology, and how to use this technology is known to even fewer people. That is why, as soon as this technology will be more famous, we are waiting for takeoff. The potential is huge.

Most of the people knows about the price value of a cryptocurrency but never understand its true technology and this is why many people are panicking. If this technology fully understand by the investors I’m sure we will go high as expected.

You are correct in your analysis, how many people thought that internet stocks were a trend that will soon banish after the crash those stocks suffered and yet the market recovered and the huge crash is now nothing more than a temporary and small decrease in the price of the companies that survived, look at how small the crash caused by mt gox looks now, in ten years the current crash will look very small too and all of those people will regret not holding their coins.

Yes, you are right Blockchain is not a Trend, however a lot people ignored this reality, some are not even aware or don't have the patient to learn the crypto currency market, this mostly happened to the newbie investors because they want to have quick money return after investing Bitcoin without proper knowledge how the system work. The market movement attract people special during the time when Bitcoin price goes up to 19-20K, the euphoria posted everywhere...then come the drop to 50% of the price, it change the appreciation for Bitcoin....Scam...scam..Scam... this is the reality with people.

Too true... But then again, can you blame them? They joined the crypro currency game only to make a quick buck. I know it hit us hard but then again we don't view it as such. We who are in it for the long run actually understand what crypto currency stands for and we hold on to our coins as tightly as we can.

Today there are many applications that use block chain technology. It is really the trend of the technology it applies to the field of education hold table for students, apply to many different industries.

This is the reason why I tell people about blockchain technology instead when we're discussing bitcoin and cryptocurrencies. There are many benefits of blockchain, but people are only interested in making money without really understanding how things work.

I think blockchain is the trend of the times, if today technology technology development, blockchain technology is the trend is applied in many fields of health education they are very good.

Everything that happened with Bitcoin's price might be new to most of the Bitcoin "investors" as they are not familiar with financial markets but this actually has happened before and still is happening not only with Bitcoin but with stocks as well.

Very much this is there reality. I mean people have lawyers jumped in the crypto with intentions of earning money and nothing else. If they would have started using the blockchain technology or would have been looking after its development over public ledger then things could have speeded up and we could have seen big surprises along the way. So yeah I am pretty much sure that what we are seeing here is just the public with two type one those who are actually trying to bold trend about the blockchain and another one is people who are just here to make money. 

Do not blame those who do not know how the blockchain technology works because it is not an easy technology to understand. Let us enjoy the monetary aspect of bitcoin too as we learn to master how the technology works.

Do you want to change the situation? Not try. You're not gonna make it. Most bitcoin users will never be interested in the features of the blockchain. But they don't need that. They are only interested in the final product-bitcoin. I think it's the right thing to do. Just because I watch TV every day doesn't mean I have to understand how the TV is arranged inside or how the TV signal is transmitted.

In my opinion, it is not simply a trend of the times, it is also an indispensable development trend for people to look forward to future. The application of blockchain is very large and its benefits are infinite.

I just know it that people just got in crypto just because some people told them that they could get higher returns without even studying about the things they are going to invest in.

I just hope that the last minute investors know how to HODL. Bitcoin price surely will return to $20K and soar above that price, but the timing is unpredictable. Very sad to see how people lost their savings because of this crash. But, it's just how real world works.

HODL!  ;)

Now only a small percentage of people know about cryptocurrency and BlockChain technology, and how to use this technology is known by fewer people. That's why, as soon as this technology gets more popular, we're waiting to take off. The potential is huge.

blockchain is a trend for the future.  Many areas have started to use blockchain technology to replace obsolete technologies.  However most people are involved in market only the majority are for profit.  They only know bitcoin eth xrp ... crypto. they forget the technology behind the blockchain.

Yes, many people who jumped lately in the crypto market lose their money as they dint knew the trends in the crypto industry. Most of the people just don't know what blockchain technology is or how it can power the world. Blockchain is surely a future technology which has its application in very field and has great scope in the future. So, a smart investors would never sell all his BTC when their is a dump in price but wait for a rise in the price.

Lots of people are lack of knowledge about blockchain technology some of them thinks that bitcoin will scam their money due of many scam investments issues spread on the internet, I hope bitcoin will increase again and overtake the last year price.

Blockchain technology is very good function only some people have not really feel the benefits, maybe only in some countries only. This technology if put to good use by everyone I think will be a trend.

If you ask ordinary people then yes it is true, not all people know about blockchain technology. But with big companies, it is certainly a thing. Most of the people learned about bitcoin when it was in the hype of 17,000 USD but ended up losing instead of gaining.

It's certainly not just a trend, because it has legitimate uses and potential. I'd say it currently is a trend though. Everyone tries to use it for anything and everything though, that it just seems like they're using the blockchain just for the sake of using it because it attracts customers and investments. From ICOs with absurd proposals to full blown ponzis like Bitconnect, it just seems like everyone is trying to milk its recent popularity.

I do completely agree that blockchain technology is here to stay though. We have yet to see groundbreaking applications outside crypto, but there are be plenty of legitimate projects underway. The tech is very much still in its infancy, and it's only going to get better from here on out.

I disagree with the OP. Blockchain technology is a trend. But this technology is implemented only by specialists. Ordinary users are not interested in the technical aspects of cryptocurrencies. They are only interested in the end result. I think it is right. Everyone should do their job. Geniuses units and use their inventions in the millions.

Well it is obviously a trend. I get calls all the time about it.  ::)
There is hardly a large tech company without a blockchain group now. I don't understand what 90% of the population has to do with it. For that matter I bet 99.9% of people have absolutely no clue about how the IP protocol works, yet they use it every hour of every day. 

most ordinary people will not know more about this modern technology if they have not gained evidence if blockchain technology is able to provide many benefits to its users. they will only be interested if this technology can easily provide benefits for its users, for example bitcoin is a type of digital currency that has a valuable asset value and can be sold traded so that by utilizing this technology everyone can easily generate profits, especially able to make money by doing trading on this digital currency

The truth of life of blockchain and bitcoin market oppression. If the mainstream wanted a trend this would be a different story that we are dealing of today. The media is paid not teaching and spreading the positive and good used of blockchain that’s why none technology savvy individuals won’t understand and will not ever heard this.

Information drive is laterally forced to be ignored and hide by the financial giants that maybe affected by blockchain.

That will never be permitted by the government officials that is dummy by banks investors to happen.

Bitcoin always get attack my bad news and now Bithumb incident really affect on bitcoin very much.
When bitcoin's enthusiasm reach the highest peak on last December and it's continue downtrend because it's try to adjust people's demand over the world !

What I think Bitcoin will be thanks for coming cryptocurrencies wait I am saying this it has no support when it's starting but no it has a lot of uses we don't need any other support the value in placing a lot so I think it'll be came up soon with your huge.

The people who are investing should do all the research . If someone is investing without doing proper study, it is his fault.

Yes, blockchain is not a trend, because people do not trust innovative technologies. This is due to the fact that many do not want to spend time studying and understanding this topic.

Yes I think those who know what it is they don't panic so hard, panic reaction is popular among the guys who are here just for the money, so they are afraid of losing their money, and this is the main aspect.

In my humble opinion, this is one of the biggest enemies of progress, in my country, everybody is similar to Grandma, who will tell that everything is evil and untrustworthy. So really not a big amount of people are ready to try something new.

I have seen many people talking about Blockchain without even knowing what it is. Usually, they were promoting scam projects and they wanted to draw attention by using cryptocurrencies. Thanks to the media more and more people have a chance to learn about Bitcoin. The interest in Bitcoin seems to be lower than a few months ago probably due to lower price. Let's hope that they people won't ditch Bitcoin because of decreasing price and focus on the technology.

you are correct blockchain technology is very newlgy born. that is why it is not so much popular in anywhere. it is quite normal many people do not have any idea about blockchain technology or any cryptocurrency.

Blockchain technology will have a wide range of applications!
The blockchain will have broad space for development in the fields of financial technology, cultural and creative fields, internet of things, supply chain and medical services.
The decentralized thinking of the blockchain will become a trend!

You are right, the most people joined to bitcoin in the search of fast profit. I think not everyone here in the forum know what Blockchain exactly is and how it works. Probably I am one of them, to me Blockchain is the technology for business, but not to me as to individual, maybe that's why I'm not so interesting in its progress. But as I know from news the technology is true hit and many big corporations involved it in their activity already.

No..Blockchain technology is a revolution in its infancy! The ones who adopt it now will be the giants of tomorrow. It is so clear that this is the way to go forward,but I guess that the average joe can't see it.. You have to be a visionaire to understand the whole new range of opportunities this technology opens us to.

Yes, I can blame them because they are to be blamed, one of the first things you learn if you read a book about investing is to not invest in something just because of hype, to take your time before investing, to do your due diligence and to not invest at the top of the market and those that invested at the end of the year basically violated every single rule about trading and now they are paying the consequences.

No, they are the current trend, the technology development, we can see that many businesses, many multinational companies in the world have adopted blockchain technology is very effective in the business. I think this trend is growing more and more around the world.

The question is when did you get those person whom you talk with?because blockchain is not that popular since even majority of the users here in forum dont really know that technology aside from this is what bitcoin stands for.

Many of the people here until now knows not about blockchain ,and theres no need for this to be trending because its crypto who has be needed to

Most of the people know crypto because it can generate profit, they don't care about the technology or the future potential that might become big in the future, from all of my friends that know about bitcoin they only know bitcoin can give the profit by holding and trading, they don't bother about the blockchain which is a bit sad, blockchain hold a great potential for the future transaction

Actually you are exactly true, "Blockchain name" for the people is not intended anytime and also  about Cryptocurrency they will generalized as one but Bitcoin name is a trend everywhere you go bitcoin is always there either good news or bad news as well as bitcoin words is speak out it would be dominant.   

I agree, very few people understand and use blockchain technology. But most people invest in bitcoin and cryptocurrency according to the crowd trend and they do not have the knowledge of blockchain.

I know all the new players care about is the volatility of crypto currency. Outside that they care less for block chain tech of even stabilization of the price. All they want is a quick buck for nothing. The serious once actually wants to see BTC or any crypto currency to used by evdryone so they hold their coins to stabilize the price.

Blockchain technology is a trend of future technology development!
The blockchain may bring about tremendous changes in the future society, and the application of blockchains in the future will be ubiquitous. It will greatly promote social fairness and transparency, greatly increase social efficiency, and reduce manpower wastage.

blockchain technology is based on the social response of the people, it has nobody that maneuvers it, the users are taking the turns on when to profit or loose your money, therefore blockchain is dependent on trends, it is very difficult to understand blockchain and how the system moves, it is unpredictable because of its technology being a decentralized, and publicly viewed. that is why it is hard to manipulate it. what affects it is the traders who sell their assets when they feel the price is getting low, creating panic selling, therefore creating trends. that is why blockchain is associated with trends.

yes that's true when calling blockchain is not a trend. because it is the development of a technology and its implementation is not limited to cryptocurrency.

It is true that most persons have no idea about what cryptos are except in some advanced climes. statistically,bitcoins and Cryptocurrency knowledge and use in the United States is about 7 percent, far higher than what you get in most places.Gradually,the adoption will grow over time. That's why it is better to see it as a long term investment

Most people learn about bitcoin when it's in the hype, but end up with a defeat instead of growing and if you ask the common man then yes that's right, not everyone knows about blockchain technology

Yes, blockchain technology is a revolution in the current 4.0. Blockchain helps create a non-destructive security system and the link chain helps to manage the system in a great way. I think Blockchain technology will be the most powerful trend in the next few years.

Blockchain technology was developed in the initial decade of the twenty-first century and has been expanding into different scripts of the global severy since its inclusion into the financial sector in the form f cryptocurrency is just another example of its potential

For me it's not just a trends. It's a big movement of millenials era. It's our new choice. We can choose our payments media not only with cash money.

I quite agree with you that blockchain is not really a trend yet considering the fact that not many of the population knows about it. But in the aspect of people jumping into Bitcoin during its peak hoping to make profit out of it, I believe it is lack of information or education about the cryptocurrency market and price fluctuations. Maybe there should be a better awareness about this to our friends or colleagues. Sometimes, excessive buying during a particular time raises the prices far beyond what may be considered normal. When such a rise happens in the value of an asset, price sustainability becomes a problem, and fall becomes imminent.

Can't agree you OP at some point. Now we got in result that people (most of them) know bitcoin but they have no idea about blockchain technologies, that's logical because blockchain wasn't subject of a review, everytime there was a talk about bitcoin, it's opportunities, it's pros and cons. But if you see, this technology becomes popular among developers and I bet in some year this will be massively used, maybe people still won't have knowledge about blockchain but it will be implemented in a lot service like land titling and etc.

The blockchain technology is specifically built for the purpose of big data which means that as the data increases in the world the needs of it to remain safe and away from the hands of hacks rs and numerous security threats remains unresolved

If only 1 person out of 10 knows about bitcoin and we come this far what will happen when half of 10 knows and have some crypto?
Bitcoins isn't a trend outside this community, but it's becoming. Few years ago you could see something about bitcoins very rarely, and when you see it in most cases it's domed fraud, or how bitcoin is good for illegal stuff, but now we have different situation. Crypto is present in many news, it's a subject of many TV shows, maybe not a lot but for sure more then before and it's growing.
If it's growing it's better you to get in before. This topic and most of the comments should be enough convincing for people to invest some money in crypto.

I can't blame them for shouting scam after Bitcoin, the news about bitcoin scam is escalated every time and I see it in our local TV news but the good thing what blockchain can do doesn't even reach into their monitors. When a long time friend asked me how am I doing, I told him I'm into cryptocurrency trading this time and he without even thinking he could offend said "the bitcoin pyramid scam?"
 
Good thing I defended myself by telling him he has no idea about bitcoin and blockchain.

 We may have different opinion on the above topic, it maybe said that Blockchain Technology is not a Trend but its instead it is like a Data Bank of  all the information we need in the crypto digital transaction, Yes, i feel sorry how people react on the entry of crypto currency into the market, its only a portion of general population by each country who happen to be an investors into crypto market. Let wait for the total acceptance of crypto globally.

Not every people in other countries does really know about how the block chain works, maybe cryptocurrency is viral but the technology behind cryptocurrency is not known very well.

Blockchain technology in terms of security, privacy protection, removal of some intermediary, to solve part of the lack of trust, is a technological advancement with realistic meaning!
The trend of blockchain is definitely based on the ability to solve some of the problems that exist in our real life and create value.

You are wrong, blockchain technology is now the trend of the world economy, almost all economies are exploring this technology.

Well you are correct, but why do need to learn about blockchain though. This is a niche market, so not everyone would be really interested on the technology behind. But what's on front, which is Bitcoin.


I'm sure that who lost faith, are investors who jumps in and think that they can make money in short amount of time, Which didn't happen.


Yeah, they jumped out because they don't understand how the market works but it has nothing to do with blockchain though. And I have to disagree that everyone should understand the tech. Just look at the smart phone industry, do users or investors understand how everything works at the background? Nope, as long as they know that the can call someone and "see" the face on the other line, they don't care how it works, because its the "real usage in real life" that they are concern with. If Bitcoin can be used used as a mode of payment and very quick confirmations, they wouldn't bother understand the technology behind. IMHO.

this has actually existed since a few years back but became a trend when it is already a lot of feel the benefits so that they try to switch to this technology, if at the beginning of time its emergence may still not believe the public and the internet is still not widespread in some countries, with social media everybody knows and tries to fight the fate here.

That's the common problem of the people, once they see that something is in trending, they would jump just because a lot of people are spreading FOMO about it without even trying to do some proper research. They see Bitcoin as an investment to gain a lot of money and not a technology that would change a life of the masses. It's really annoying sometimes because they blame it in Bitcoin. Let's just hope that in the next bull run, people are well informed of what they are trying to join.

Certainly it is still the trend for the future of electronic finance. Even if there are bad hackers, about electronic money, stability is good. However, most of the investors are not experienced and new investors are often affected by the bad news. But one thing for sure is that the future is even stronger, and now people are still investing heavily.

I'm surprised that it's not as wide known as I thought it would be at this point in time. Bitcoin was everywhere last year, on the news, work, school. I figured by this time it would be a household name. And I don't understand how losing money would cause that, so I don't think that's the case.

I just think the majority of people do not follow world events.

I do not think that . At present the world is very interested in this technology. And this will become a trend for this market to thrive.

   We are now in a computer generated world and i believe that people already know about blockchain technology and how it works. Maybe those who doesn't know yet are those people living in remote areas and has no idea or knowledge about bitcoin and it's technology.

If people understood blockchain technology and bitcoin very well the volatility wouldn't be so huge. People would invest with some understanding, patience and caution. Some of the projects utilizing blockchain technology should find a strategy to teach their investors about blockchain to give then a clear understanding of what they are actually investing in.

It is indeed not a trend yet because the people are not yet trusting it because they are waiting for the government or their country to accept it and legalize it because that is their assurance that it is best to have a blockchain technology but as long as the government or a country is not yet accepting then they will not treat as a trend.

We don't need to be trending becaue its not the viewers who decided to what the market will do but it was the investors,even millions people knows crypto but they dont invest even a cent so what is the sense?

We need investors ,its better whats the count we have now because for sure all of this are investing,even if some dont put money but still they put their time to the community

When it comes to Blockchain technology, you can see that all three types of beliefs are not fully manifested or disappear entirely. Only trust in the individual (e.g., Bitcoin users or Ethereum for transactions) is expressed at the beginning. For example, when the Ethereum system was hacked, the user asked Vitalik Buterin to respond to this. Or a rumor that Ethereum's father had a car accident and that the market capitalization was blown over $ 4 billion. Although these issues are theoretical, a Blockchain system such as Bitcoin or Ethereum would not be able to afford the future. It is unstable and volatile according to market sentiment.

Who says its trend, its not and it wont be unless and until it gets into the real world application. Say fro example, blockchain tech is being sued for the public services, railway stations, bus station etc where machineries are being ran over the blockchain. This will be the time when people will at leats have the general idea about what it is and why it is there. Also, we know about the blockchain because we are using crypto currencies for our daily works online, this way when people start using it then they will come to know about it. Thats how it works, unless and until you dont utilise something then you dot know anything about it.

Blockchain is used mostly as a word for people who are afraid of using the term Bitcoin or crypto currencies since they are constantly talked about in a negative way in the media. It gives them a way to talk about how it works, without having to talk about "made up money." It's BS.

I can say that this is a downward trending effect that we have been doing recently. When many people stepped in this sector, they had entered with the goal of profit rather than technology. With the downtrend that started afterwards, many people made a switch to cash again, and this technological sense also affected the cryptocurrencies. The old popularity has not been reached, but transactions are now confirmed more quickly. I also think that we should not forget that each negative factor is another positive factor.

Everyone knows bitcoin and crypto-currencies, but many people do not understand the slightest part of the crypto-currency and blockchain because they have never delved into it.

Hi all,

Not many know about, my experience in the last year was anyway better, more people than I short are hearing about, but as you say, not about the technology.
  Most of them are just fixed at the price and the fact that the price dropped has a bad thing. What a opportunity to go in!

We crypto fans are at a good position, far ahead in the game.

Good day.

I believe that Blockchain technology will change the way people manage and grow stronger in the future and it is the great achievement of the 4.0 era.
The cryptocurrency market is a clear demonstration of the evolution of blockchain technology and it is increasingly applied in the lives.

Actually we considered these as another great development in current world.  Yet,  still a lot of things need to work on and so government will give full support on it.  If everything will be fine, then blockchain technology will surely be accepted around the world.

Blockchain tech is not for an average person. It is for businesses and big institutions. The avg person is a user not a creator. If businesses adopt blockchain tech, an avg person need not to know about it. The tech is only going to make things each for him. He doesnt need to know about the underlying technology unless Of course he is an investor in some cryptocurrency.

Actually most people don't know the history and details of money but used in everyday life. The person will not know the details of the blockchain technology but will adapt to the system when it is used in daily life.

I absolutely agree with most views here. People don't need to understand what blockchain is, but let them know what it can do because, this will drive their curiosity to learn about blockchain. Projects like mfchain which is targeting mass adoption is what the community needs. Crypto community needs projects that will bring blockchain to the people.

Blockchain is recognized as the future technology of human resources. Blockchain is a technology infrastructure that is behind virtual currencies, and other digital currencies. With Blockchain financial transactions are safe without the need for third party intervention or financial institutions. As a technology for the future of human resources, Blockchain has major implications in this field in the world.

I think that blockchain is a technology trend now. People know more about it and want to use it. As new technology is developing more and more, I believe that blockchain will always be our new trend

People will never recognize blockchain technology to make transactions without them starting to use this technology to carry out various transactions in their daily lives. This technology will become a trend when everyone starts using it.

Blockchain technology is a revolutionary discovery that is the brain of bitcoin, because it reduces the obstacles that exist in conventional transactions, such as the role of the bank, the length of time, and reducing costs. Efficiency factors in blockchain can also be applied in various fields, such as agriculture, trade and others. Some banks also adopt blockchain technology for efficiency and security.

For that, people should know first what blockchain technology ?, which they know is only the price and they don't know what their functions are, it is worth a lot of people who suffer losses, if this technology is understood I am sure investors and crypto fans will be very trustworthy and confident about this technology

The main wrong point here is that if you talk to avarage person more 0.01 out of 10 would know what bitcoin is. The main discussion started as "9.9 out of 10 wouldn't know what blockchain is and even if they do they only know bitcoin" and that's not true. Thanks to media and global coverage of the huge increases last year more people than that got involved into bitcoin and even much much more of the others heard what bitcoin is.

I am pretty sure billions of people heard what bitcoin is already which means blockchain IS a trend and everyone talks about how blockchain can improve many sectors. Do not undersell bitcoin, everyone around the world heard about it. My dad and mom who doesn't still understand what coding exactly is knows what bitcoin is.

Blockchain technology is a broad issue and a whole topic on its own. No need to worry about the usual up and downs about the happenings in the world of cryptocurrency. My plan is to hodl my bitcoin and  hope for the best to happen. Patience is key in order to be successful in the world of crypto.

We are already using the blockchain technology during the time that we use crypto  but sadly most people didnt know it and thats the main reason why blockchain didnt become trendy however we wont know in the future   , i think if many people will constantly developing apps and software that is under the blockchain technology for sure this will greatly help to be able to recognized by the whole society .

Blockchain is used primarily as a word for people who are afraid of using the term Bitcoin or electronic money because they often speak negatively in the media.

Because people don't understand what the blockchain is and how it works so they think it's just ordinary technology that is no different from the technology that has existed so far. They do not know the advantages of blockchain technology which if implemented perfectly can change lives because it is very efficient, easy and safe.

Why do we call it a trend anyway? It is a new technology that has to be understand fully before we can adapt it properly.

I think with the benefits that blockchain technology gives the user, it will be used more in the future. Because it can do much more than crypto trading, but many people do not understand that and they only care about the blockchain when the price of the bitcoin increases. That is really wrong

Op you are right and blockchain technology is not really a trend and many populars personality did not know what is blockchain technology and how it works.  That is why I and you have a duty to promote blockchain technology and cryptocurrencies system.  We have to tell everybody we meet until blockchain technology can be adopted to all our financial system.

9.9 out of 10 people did not hear about blockchain? Are you sure about this? Its not the case over here. And how come you have a fraction number?
Anyways, the reason behind this is people talk about "bitcoin" not about the "technology" behind bitcoin/cryptocurrencies. Thus, all they know is that bitcoin is a form of digital currency, but does not know how this currency is working. This is another reason why people are unaware of the true potential of crypto currencies. Hope people will start to get to know more about the technology rather than just the usage of it. This in turn will help us make the adoption of crypto currencies stronger.

Blockchain is a techical jargon that most ordinary people did not know what is all about unlike bitcoin which could be a household name sooner. Although it is the backbone of the bitcoin but people don't care about it but for business minded individual, corporate people, high intelligence person it is a trend because this technology is new to them. Blockchain is not for everybody that is why it could not be a trend because it is hard to explain in a layman's term and in consumer-based level.

with more and more people using it, is that not a trend? I think easily, the blockchain is becoming a trend for those who want convenience and speed, so that the trend continues with the increasing number of people using

This is the wrong view. When the average person knows what the blockchain is, the value space of the blockchain is gone. You can't imagine how the blockchain will change humans. Blockchain is very important for human information civilization. When you are old, you will understand everything I said.

  That is confusing in the reality blockchain technology is a  system we cannot get a trend without a maintreams we need data uploaded to be trending.last time have a big maintreams in 2017 first time bitcoin bullish.

People might be considered themselves as a profitable person from their task beings as a Bitcoin user or holder but regarding to the word black chain technology is not too much familiar by people on what is the exact definition of blackchain technology

in my opinion the blockchain is a necessity needed to answer the development of technology and the development of the era and there is an economic system that uses advances in technology and systems that I think is a blockchain

i think if more people know about blockchain, ICO, virtiual money our socity will be more modern

Very well said. Although the technology is really advancing, people still doesn't aware of what a blockchain technology is. They are so quick to judge the cryptocurrency like bitcoin without studying it more. Many people speculate that bitcoin is scam based on wht the hater of it said and the news that flashed but little did they know that it can actually help an individual.

Of course, this speculative rush in late 2017 harmed the credibility of cryptocurrencies, but the positive moment here is that millions of people got to know what blockchain is.
Apparently, yet another 5-10 years are needed for blockchain to be widely recognized and used around the globe, since this technology in its current state is still too immature.
More tech specialists are needed, who could not only write an Ethereum contract but implement more complicated blockchain-based systems into various spheres of our life.
So prepare your popcorn and watch the victorious march of crypto..

The reason you have stated here is not enough reason to say the blockchain technology is not a trend. Most organisations are already planning to move their businesses in this direction.

Blockchain technology will become the technology of the future, if you ask the public then they don't know and will definitely give a strange answer. Blockchain technology is being continuously developed and believe, Blockchain, AI, Robot, DNA reconstruction, VR, AR, and IoT is the technology of the future and will be a trend in the future...

If you are asking random people about blockchain, off course not all people understand about blockchain technology. For Company, Blockchain right now is new thing that they want to explore and i am believe in near future more company will use blockchain technology.

Blockchain technology is not common knowledge and even me, I cannot exactly define blockchain technology in technical terms because I am not that familiar when it comes to the technicalities of it. I can understand though the basics of how it functions and how it can help in several industries so that their transactions would be efficient and effective. In the future though when people are more familiar with cryptocurrencies then they can easily grasp the term and be able to describe it in simplest terms.

Those who are upset with down values, I refer them to please read good about bitcoin. You people direly need to get knowledge about bitcoin. Once you would have, you would never complain.

It always happens with everything that is new in world. Some governments have approved it and others just banned. They think it would change their economic system and hence cause problems.

Exactly this is one great technology that will change the economic system of my country if it is introduced. This will make the way easy for the arrival of Bitcoin and other internet companies that make lives easy.

blockchain is an economic system that uses advances in time and technology created to keep up with the times and technology of course so in my opinion the blockchain is not a trend but a necessity for the development of the era

If blockchain technology is not a trend, then how can bitcoin became the mainstream already? Disrupting majority of the world where some countries who embraced it already admit how their economic status has improved since then. Even if others banned the use of crypto, it still a manifestation how trending blockchain technology is.

To some extent you are right we cannot say blockchain is the only technology people are using but one more thing is we need to accept now there are system which has been suffering issues because of safety but now after switching to blockchain that unsafe feeling has become vanished and people can think positively about investing into anything, we are in modern age where all of us are living a good life, so better to adopt blockchain as new technology for the safety of our investment.

Many knew about bitcoin, less about cryptocurrency and very few about blockchain technology. I really believe that blockchain technology can help so many process in private companies and even government agencies. This technology can lessen corruption and streamline the process in order to be accomplish faster. God bless blockchain.

This view will definitely make you regret it. Most people in the blockchain don't know, I don't know, but I know the importance of the blockchain. The blockchain will be ubiquitous in life. This kind of thinking will make you miss the wave of blockchain investment.

I think a lot of people knew about blockchain technology, bitcoin and cryptocurrency because many people are advertising it in social medias like facebook, twitter, YouTube and many more, and also a lot of people are encouraging their friends and family to invest their money crypto. So blockchain technology and bitcoin will be soon to accept by the government.

I think you must not understand the blockchain. Blockchain must be a new great technological revolution for mankind. Just as the Internet did not appear, many people did not know the Internet. Blockchain is the best discovery of the 21st century.

I think you're right about this, most people did not know what blockchain technology is. As what I understand, it is because of lack information drive to educate them about this trend. Also, it is because of the risk to invest in blockchain yet we have to instill that risk comes with opportunity to have a good profit in their investment.

 I think the transaction will not be too difficult for us. Because the world is becoming more modern, it is normal to move from one wallet to another. It is difficult for very few people in remote places. I still appreciate the technology market creates blockchain but it was being used excessively.

Yes i do agree, if all investors know and understand this technology it will go far and well developed but I think it's not yet too late.

I agree that blockchain technology is not a trend, because its a important understanding that needed to know deeper. As for me, trend is a kind of thing that in a snap people would be easily adopt and will be popular in an instant but sooner or later will loss its popularity. As 5o blockchain technoly, before adopting it, we should learn about its basic that for some would be boring but soon enough as they go deeper on its meaning and the benefits they can get from it,they will totally want to be part of this method

Me too, I agree blockchain technology is not a trend because if something is become trend it means it only become popular immediately and its depend its popularity because as long as many people believe then it will last but since many new trend are came possible it will not be trend anymore. Blockchain technology needs an understanding because its not like that easy to think because its needs enough knowledge before you will understand it.

right what you say about blockchain is an economic system that uses the development of technology and the era if the blockchain can become a trend that maybe the system used will be needed by everyone

Most people do not know what block chain is ad thy wont in near future, blockchain istechonolgy which already is being implemented by working bussineses around the globe.
And these people wont know how it works and what it is in future also , it is the same as in programming.

If you argue that blockchain technology is still not a trend, then you have not really been following up with news for n different platforms and also on social media. This is something everyone is very keen on learning about now. Some academia in the financial and economic fields are also beginning to give it attention.

It's true that blockchain technology is still not a trend because even a lot of people knew about bitcoin and other cryptocurrencies from social media advertisements, they still don't know about blockchain technology. I think blockchain technology will start to become a trend if everyone in the world will be having cryptocurrency or of the government in all countries will start to accept cryptocurrency.

In the end the government knew how important the blockchain was. Blockchain technology can be applied everywhere in life, both in private companies and government institutions. Blockchain can reduce corruption and increase efficiency so the results get better.

I don't agree with your point of view. Perhaps the cryptocurrency is just hype. But the blockchain must be a trend, but this trend looks small at the moment, but the impact of the blockchain in the future is huge. Many industries will change because of the blockchain.

The term blockchain is most often used to describe a ledger technology, not a specific product or solution. A blockchain solution will have the same common denominators such as being distributed and underpinned by cryptography and having some form of consensus mechanism. However, there are various blockchains that come in public, permissioned or private versions. Today, there are dozens of different protocols, considered as blockchains and can be classified as distributed ledger technologies. Some are similar while others differ greatly from one another. Each blockchain solution will have specific advantages and disadvantages for the specific use, different use cases and applications. Blockchain technology is indeed important, but it seems largely incomprehensible to ordinary mortals, even though the web teems with attempts to explain it. This is partly because cryptography lies at its core, and since crypto involves complex mathematics it therefore lies beyond the ken of most people.

Blockchain technology, it maybe a trend to todays bussiness requirement because this technology wad been used by bitcoin technology in which it results into a quality results and output ,so there will be possibililty that this blockchain technology could be trend and useful to the economy and different businesses.

To be honest, in the beginning i myself think that blockchain technologies wouod solely be with Crypto currencies exclusively. But then the potential uses for this specific technology is endless. It could very well be a flexible and transparent tool that we could use in different aspects of recording and who knows, maybe outside that.

Cryptocurrencies share many aspects with the internet, the internet is a very complex network and if you tried to explain the Internet a few decades ago to the people they will believe that you were crazy, but now the Internet is everywhere and no one thinks about its technical aspects they only care about what they can do with it, and something similar will happen with cryptocurrencies, what happens is that we are a few decades too early for that to happen.

Yes, blockchain technology is much more than cryptocurrency. The potential application of blockchain technology is grand. Governments and companies are researching ways to use this technology to streamline production and service industry.

The fact is that blockchain technology is still a trend and continues to evolve and be applied in various sectors of the economy. This is an advanced technology, the benefits and advantages of which are understood by many entrepreneurs, bankers, government officials and ordinary people. It is not necessary that the development of blockchain technology should move in parallel to Bitcoin and other cryptocurrencies.

for me crypto is part of the blockchain, where blockchain can be inter-free on non-profit activities other than crypto. if we look at this time blockchain is still centered on profit activities like crypto does and when prices fall they also drag the blockchain inside. The blockchain is the latest technology that will be adopted in many future activities and if we are aware of that, investing in crypto is one of the right choices for the future

Blockchain technology is one of the best technological inventions of the past few years!
Blockchain is becoming more and more widely used in various industries!
Blockchain can be a key driver of crypto monetization, and its potential value is enormous.

many of us don't know about blockchain technology, but if they hear the word bitcoin then maybe they understand. At present, blockchain technology is only able to be applied to crypto currencies so that many people are not familiar with this technology. if blockchain technology can be developed and applied in various fields, maybe this technology will be more familiar.

First you have to distinguish between the cryptocurrency and the blockchain. The blockchain is born because of the cryptocurrency, but the blockchain is not a cryptocurrency. It now looks like the blockchain is much like the air, but the future blockchain will change the world.

No, it is trending because many are now trying to research about block chain technology and block chain projects. This new technology could be integrated especially in business system. For sure there are others already aiming for the integration of block chain in their system.

It seems that this is a natural happened, bitcoin is a place of investment, a means of transaction and trading place so many people will know this technology. Unlike with blockchain where the function will be difficult to feel by individuals. What will be familiar about blockchain is a company or other institution, they can adopt the blockchain to simplify work and manage their economy system.

Blockchain is much more than what we know and it's applicability in various sectors cannot be overemphasized.  In the health sector now,  a company - HiNounou - provides healthcare and monitoring for elder citizens and brings this technology to seniors.  Even though the blockchain  tech hasn't gained as much traction as it should have, its still going ways. It's so much more than bitcoin.

Although I agree with your first two sentences, I would argue with the last one. Bitcoin and other cryptos are  going hand in hand with blockchain technology, and normally people who realize the benefits of the technology invest in Bitcoin and some other established cryptocurrencies because it's not that hard to predict that with wider adoption the price of some best cryptos will rise.

Blockchain technology is a trend, but it is a trend among a few people, and even some current Bitcoin holders are not among them. That's why we sometimes experience such big drops as we did recently. It's not a "correction" because Bitcoin should cost much more than $20k, it's the result of not understanding by vast majority of people that blockchain technology is so beneficial that it will be inevitably adopted on a large scale in the nearest future.