Bitcoin Forum

Specifically in the next 5 years, what do you think will be the greatest challenge or problem that the crypto market will face, and how do you think the market will overcome this problem? I also wonder if AI can help crypto trading safer and free from hacking and scamming?

the biggest challenge in my opinion has always been the large number of shitcoins that keep being created and all the scams that they are performing so that they can make more money by scamming the newcomers. this in general is making the whole market look worse.

One of the major problem cryptocurrency world will face is to avoid being centralized. The more cryptocurrency wax stronger the greater the interest from external bodies become. I feel there  is a good work to be done to prevent cryptocurrency from being centralized and becoming like every other currency,  

And also AI cannot make crypto trading completely safe and free from hacking

I agree with Herbert2020. The number of those coins has increased in time and its easy to create their very own token without any aim of contributing to the community but just created to make money. To overcome that problem, there should be a regulation that will be done by SEC to maintain those projects or companies to conduct ICO.

The decentralized nature of cryptocurrency means anyone can attempt to use it's potential to improve a sector or to make profits. With the decline in ICO investments, I think new ICOs would take an rrnomous effort to rise, this would be a sort of proof test to select only the best projects. Of course we can't completely eradicate scam, except through centralization, which is aslo one of the problems we would likely face in the future. This could be government regulation or a hijack of the system by a group of people.
Availability would also be a problem some currencies would likely face. And if the system gets to large, it could lead to lagging and longer confirmation times.

Scammers are the big threat to the crypto currency we can see that in 2018 lot of ICO projects were turned into scams this may kill the trust of the bitcoin and other crypto currencies so people need to evaluate the projects before investing which can helpful for the people to avoid scam and save their money.

I think we have to have a problem with the volatility of the coin that we are going to use as a payment method for purchasing anything. We should try to fix that before we jump to another.

I agree that new coins tend to turn out to be a scam but do you think that it will help the market if they stop creating new cryptocurrencies? Will it help the prices of the cryptocurrencies, not just bitcoin?

I think the cryptocurrency issue in the future is to make people know more. Find out how to transfer money safer and it should be considered a currency.

I think the main problems that Crypto is facing and will face is the type of people it attracts to it. I am hoping that more mainstream mass adoption and regulation takes place and the sooner the better, so that less dodgy people can get away with all the scams they produce and less hackers can get away with all the money they steal from people. Her eeven on this forum I am amazed at the amount of Bounty Hunter thieves there are, so what we need is more regulation in general so that we get less and less of all these bad folks coming in trying to steal other people's livelihood.

I disagree.
when ICOs scam, when altcoins show their true nature as shitcoins,... that kills the trust in ICOs and shitcoins. it has nothing to do with bitcoin. people can see that bitcoin is continuing to be the same as it has always been without diverging from the main goals of it such as being a decentralized payment system. one must be very ignorant to lose trust in bitcoin just because some ICO scammed him!

heard that bruteforce attacking on privatekey is now no more impossible. is that true?
even with 5% success. this can be a major security issue.

being decentralized, unregulated, open source,... doesn't mean it is ok to scam people! majority of ICOs are created to scam people and all of them don't have any reason to even exist apart from raising money. none of them do anything real in the real world!
and we don't need centralization to avoid them. in fact centralization and regulations are NOT going to eliminate these scams. they will continue to happen.
what we need is less greed from people trying desperately to make some profit in this market so they hang on to anything they can find.


nobody is creating "cryptocurrencies". what they are doing is creating tokens through ICOs or copying the code from some other project creating a copycat coin bloating the market and then pump and dumping it.

for sure its the banks and governments that contributes the great challenge of crypto in the coming years and it has been a problem we see last year when crypto boom and price shoot to the all time high.

To my opinion one of the biggest issues in the future is regulation.
Many countries have already started with that process but results are for now very different and with different influence on Bitcoin and other cryptocurrencies.
I think that regulation is necessary for further development and acceptance of cryptocurrencies, especialy by businesses but since it's very sensitive area it's not easy to regulate cryptocurrencies in a right way and not to put additional obstacles.

Also, I think there are too many different altcoins that have no value or significance whatsoever and they are just burden to the market.

I think the biggest challenge will still be hacking and scamming albeit since you mentioned AIs, I think if they will design a blockchain where AIs can help filter data when an attempt to hack or scam is on the way, then it will probably not going to be a problem anymore.

The biggest problem will be the people themselves (new-incomers) who will think to speculate and make money without having studied and understood, especially the bitcoin. Because they will be easily scammable.

I don't think shitcoins are the problem, if you are new to crypto and will keep watching which coin is useful and valuable, you shall stick to it and will not even mind the coming new ones. The problem we see today is going to be the problem face up to 5 years, adoption. Cashless society is hard to achieve when its not enforce. Doing incentive hasn't worked yet but China is already enforcing it and I think they're the ones going to be an example. The elderly however is going to be left behind in this progress.

One of the biggest changllenges would the energy needs around scaling. Adoption also would be a challenge as not governments would agree to it.

I think the biggest problem in five years is cryptocurrency still would not accepted and used as a currency. There is no government accept it, cryptocurrency is still illegal in most country, we still can not use cryptocurrency to buy a cup of coffee or a bread.   

The same problems as we have today, hacking will grow overtime as more people are going to crypto and don't know how to protect their accounts. Scam ICO's will multiple and there will still be gullible people who's willing to be a victim. Its going to be a vicious cycle. I don't think that AI can be a big help as well.

It seems to me that the main problem will be in the problem of the scalability of the Bitcoin network and in order to solve it, there will be a lot more time and effort

This is quite an interesting question. There may be a lot of answers. I think regulators will begin to crush the market. The most beautiful show we have already seen. The fact that Bitmain, goes to the IPO, and is trying to get rid of the business confirmation. But to kill Bitcoin does not happen to anyone. It will remain independent of the financial system, but with manipulated volatility.

For me, the volatility of crypto currencies will be on the top list on what problems cryptocurrency will face in the near future. I think that's is the biggest problem next to acceptability of all nations, and surely the third is the manipulation of whales.

I agree. As much as we want cryptocurrency to be used by everyone in the world, I don't see this happening in the next 5 years. Bitcoin's price is very unpredictable which, to me, is one of the reasons why some people stay away from it. Not to mention the hackers and scammers. Sure, there's what you call "identity theft" with traditional banking, but people tend to stay away from something they know nothing about. Especially if it will make them lose their money.

A real problem that bitcoin has to face in near future is the legalization all over the world. the government always try to kill bitcoin and bitcoiner can not do anything but accept it

I do not think that the rising number of shitcoins will be a problem for bitcoin in the near future.

Shitcoins had been there ever since, and it does not affect Bitcoin popularity at all.  The main reason is that, these shitcoins are in different blockchain, and will naturally die since there is no support from the community.  I believe the greatest problem will be the transaction confirmation time since the new coins or token created confirms faster than Bitcoin.  With the mass adoption in mind, it should be fixed so that community will not resort to moving to faster transaction cryptocurrency.

Most of people will start to use this system in the world and the market will rise and it could be problem for infrastructure and some countries will start to use this system for  informal money transfer more than today and that stuation  will not be good for world rulers i mean it is mean equal world rules and big countries will not be happy from that. I think it will be problem of cryptocurrency in the future.

Price volatility was always been the problem in crypto currency hence it's the nature of it but maybe we could do something about it, not be solved but to lessen at least in the future. Also some aspects on token scams are still rampant online and getting more and more shitcoins in the market as well. Those problems needs to be addressed the soonest to protect the investors and to have market stability in the future.

Maybe when we use AI technology it will be easier when trading, but in my opinion it is very inefficient and risky, because we do not manage our assets directly, which might cause problems when there is a problem in the market or technology

Still the legal and government problems

But for a common man who don't know what is ICO,altcoin or bitcoin when people saying that they got scammed by investing on a crypto project will affect the bitcoin too since that person will get afraid to invest on bitcoin too because he will think that this is also a crypto currency so he may get scammed?!

Yes, I think the biggest problems in the crypto market will be: 1) asset protection; 2) a large number of altcoins in the market. The first problem is solved by hardware wallets. The second problem is solved by optimizing the number of tokens up to 100-200.

Bad coins will always be a great threat and deter new investors, but unfortunately now it is difficult to strongly influence this. Many coins simply do not pass due checks, but people can still invest money in them without understanding the question. At the moment, in my opinion, it is possible to call the problem with the legalization of cryptocurrency around the world, because many countries have not yet decided on this, or even trying completely ban cryptocurrency.

trust issue, almost every coin except Bitcoin will face this trust issue around the globe.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

https://bitcointalk.org/index.php?topic=860629.msg46681697#msg46681697

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

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

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

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

I think the biggest challenge lies ahead of Bitcoin is how to redeem to the position where it was.Again agreed on previous post that Bitcoin has to deal with those coins which are almost nothing as compared to Bitcoin.But this situation arrived due the window that was opened by Bitcoin itself due to fall and now Bitcoin has to deal with it.

There will be major changes at the end of the year, after a long depreciation. I always hope so! Bitcoin and altcoin are always my investment choices in 2019

I think it is the volatility and its consequences. Volatility makes people not to consider coins as a payment method. Thus, coins can't have a place in real economy.

Adoption is the biggest issue in my opinion. It might not get adopted worldwide especially in developing countries. Another problem that I can think of is cyber attack.

The only problems I can think of for bitcoin are as follows;

More confirmation time - might happen when the bitcoin network is attacked or full of pending transactions.
High transaction fees - the above might lead to this as a result.
Large fluctuations - Are obvious if many people trade bitcoin on a regular basis.

All of the above have already happened in the last year and chances are that it might happen again.

In my opinion. the main problem faced by the crypto currency is security in the transaction. at present, there are a lot of problems about security, especially dealing with hackers. many crypto exchange sites have experienced hacking, making investors feel scared and have an impact on investors and selling to secure assets from hackers. and another problem is about price stability.

I think the main problem that cryptocurrency will face in the near future will be the extreme greed of people who are not contented on what they have and earn. Due to the limited supply of Bitcoin and more people will know about Cryptocurrencies. The number of people versus that limited supply will somehow affect the market. I think some will be thinking of some inappropriate moves to gain more Bitcoins. Some hackers will somehow find a way to hack those wallets and Blockchain Technology as well. So I am really encouraging all Crypto people that as early as now, we support those projects that promote more security layer aside from the Blockchain Technology itself so we may strengthen the security features of every platform based on Blockchain Technology.

Speaking of AI, I am quite confident that it will make life easier using this technology to all the things we do when we use it properly.

The biggest challenge it's going to face is the issue of people being properly sensitised and knowing really well what cryptocurrency is all about and not the bubble every other person thinks it is. Another big issue is vulnerability, we see so many forms of successful hacks on crypto exchanges and this issue alone can stop new investors from coming in.

I think cryptocurrencies shouldn't face serious problems in the nearest future! More that the branch is developing and in the nearest time it should become more improved and more functional. More people begin trusting in it and they would investigate it. To my mind the cryptocurrencies wouldn't face any serious problems and nothing could stop their development nearest years.

As the cryptos are unpredictable so the problems will be. The bigger the cryptos will be the bigger the problems will. Like the government can create problems because of the politicians, the central banks can create problems, the transaction security can create the biggest problem. Everything is unpredictable. Hope it dosen't face any of it.

   I think,the greatest challenge or problem that the crypto market will face if it become centralized in which there are new regulations to follow and a lot of changes in crypto market if ever. Maybe adpotion and cooperation with the government will lead to a better future of cryptocurrency if ever it will happen to become centralized.

we never know, the problem that will be faced by crypto in the future, because the movement does not always improve. so the down times are always there.

Honestly it might be facing the biggest problems right now, but in future I think most of these things will be fixed and there wont be that much of problems anymore, thats what I think, and about AI's I don't really know what to say.

Even without going into the future as we speak we face problems like shitcoins/tokens running around the CRYPTO atmosphere and also lots of scam activities happening around we are already facing those problems. We need proper regulations let every ICOs project be properly investigated.

Most of the cryptocurrency now has scaling problems. If it is struggling now with present population in this crypto space, what more if more people joined in  after 5 years? Besides, there is the issue of mining that is more power consuming than bank operations.

Why cryptocurrency have to face more problems in a near future? It has already enough problems. I don't like such a negative statement. Let's be more positive. Most probably the main problems will stay the same: government issues, scammers, and hackers attacks. Unless something new will come up.

I ca only think of is the possibility of that hoarders are still saving a lot of bitcoins even we are already succeed in adoption stage. They won't even sell a portion of it even it has even reach the dream price which is $100k. And now because of that limited supply, it's price just keep rising until there is no more balance anymore.

Crypto currency will face of some complaint from other member and users if they do not have enough fully security for individual wallet to avoid from hacking, fully service is really tested and trusted  specially  bitcoin. for about security it needs to have additional strict to prevent a victim of the person with bad intention.

Actually crypto has bright future. But we need to protect crypto from being hacked.If more and more hacking occur in future, the number of investors and people interest will be go down which results in crypto market down.

I think that in the future, constantly moving forward, the cryptocurrency market will adapt to solve all the problems that will be on its way. And I hope that in 5 years there will be no problem that would be hard to solve.

The biggest problem cryptocurrency will face in the next year is how we can attract more people come into cryptocurrency especially with people who are lost in this year because I think they are very disappointed with the crypto and sad to see the price. It is difficult to ask them to come back to the cryptocurrency, and I think they are trauma to come again in this business. The mass adoption will be a problem for cryptocurrency if the situations still like this and people only think that the cryptocurrency will make them get lost more money. It is homework for us to attract people to join in the cryptocurrency so they can realize that the cryptocurrency is not as bad as they think.

i think we need face our fear in our near future. we dont need to expect to much in all cryptocurrency that we seen in the market all of them has a possible to increase/decrease or maybe they will gone too long.

Some of the countries are bringing to life the possibility of using cryptocurrencies to pay bills and everyday useful stuff. However, the government cannot control cryptos themselves, but they can control financial institutions and have an impact by doing it on cryptocurrencies.

I think people will also get the possibilities of "borrowing credits" something just what you borrowed from a friend. I think many business will be establish relying in crypto world we can't predict the future, so I think it may be in a progressive or in case a slow permanent services.

I think one problem that the world of crypto would be faced with in the long run would be proliferation on the larger market by weaker hands who would always dump the price of bitcoin. Governments all over the over would also continue to oppose bitcoin as blockchain technology becomes popular.

I think for me, cryptocurrency problems that will be facing are those ICO projects that keep increasing every month and every year and most of these projects are shitcoins that was created to scam people and by that the reputation of crypto is decreasing so it means the market is affcted too.

The problem of cryptocurrency in the next 5 years will be challenges of universal adoption. To my mind this will remain a huge task of which if achieved then cryptocurrency would have taken over the global financial transactions and settlements. The problem of hacking and scam have been as long as online transaction started and the fight against hacking is on with every blockchain developers doing their best against hackers. AI will also help as a new technology attached to cryoto to check the effect of scam and hacking.

cryptos are already known to be safe because they arent hold by someone . hacking and scamming will only depend on every person and not the crypto or the wallet you use . so overall , your concern above cannot be validated as a real problem that may occur in crypto in the next five years .

in my own perspective , i dont think crypto will have a problem in the future but instead the problem that we are currently facing right now will soon be fixed in the future .

in my opinion, this will not be the main problem. the main problem will be the reliability of crypto wallets their safety and the ability to restore access to their wallets. too tion now, there are applications in which funds are held, at their abundance will be a lot of massive leakage of funds.

I think there will be bright future with the bitcoin and cryptocurrency. In my opinion the problems would be with the goverments, scammers and the bad ICO's. But if you make your plan in the right way you can make more money than today. And also i believe that there would be many more things with the security for us to keep our funds and coins safe. I feel exciting when i think about the near future with cryptocurrency world..

I think if all people using AI for crypto trading, market will be chaos because of the same using algorithm will make the market stagnan.

I am also thinking about the scam Ico’s would happening at all times if their is no regulation held in the future. Adoptions can happen in the near future so I think problems occur is to have more volatility as always. Still I think crypto could have more growth.

The major challenge crypto currency are facing is the new creating alt-coin process, which some are scam, which affects new investors to come in to invest, which is affecting the current market price value dropped, because Crypto is peer to peer transaction.

Energy! There must be a solution to energy. For a sustainable future, the energy problem of the blockchain world should be eliminated.

the problem, if many people still dont know about bitcoin. if just middle and above society are know about bitcoin, im not sure if old can accept or understand about this one. so, bitcoin can be use for all people in the world. is there people outdated till the end. its not fair if we are the only person that know about bitcoin

What problems cryptocurrency  face in the next 5 year? For me i think nothing greatest problem the crypto will face because for sure in that year almost all of the country is using and accepting bitcoin and cryptocurrency as a payment system. And Ai is not good for trading better to trade on your own than  rely it in AI.

hacking and scaming will always be there, if in the future bitcoin accepted by the world globally, then the world government must take preventive actions by making strict regulations.

besides, the slow transaction process will always be the main problem in bitcoin transactions.

I think most of it is already sayed, one more thing IMHO is to understand the function/use-case of “tokens”… some are currencies, some are licences, some look like shares or debentures, some are just around to enable the network (ETH) with it’s smart contracts, …. if you look at the use of the tokens (they are all tokens) you’ll better understand the potential of it. And you might see the upcoming problems: currency = income tax; software licence = VAT; shares = income tax, prospectus liability, SEC, FBI,FED, EBC, … ;-)

So in short think of token-as-a-coin, token-as-a-licence, token-as-a-share … not currency.

Regulation: Humans naturally crave for some amount of safety and that is needed in the crypto space by investors even when we all know it’s against the ideology of Bitcoin and blockchain.
Bitcoin and other cryptocurrencies where not created for regulation, like the fiat money, if the Government comes in to regulate the crypto market, to a large extend, then their would be so much manipulation in the market, in other words we are heading back to the same corrupt system we’re trying to escape with the fiat currencies. However, fiat money is needed in the crypto space to boost the value of the coin market, but the institutional investors are worried about pumping large sums of money into the space without some form of security by the SEC.
So you see, its a though battle, because crypto wouldn’t grow much further or may even crash if paper money don’t come in, and if this market gets regulated, it will be very hard for individual investors and traders to make any profit.
One thing is for sure: you can not kill good innovations like the Blockchain and Bitcoin. They may fight it at first but the battle woun’t go on long before a revolutionary innovation like this wins.

I think, one of the effects of crypto influence is long-term investing. and the price problem in the future may not last long. and governments around the world will not approve of crypto.

All people affected by fraud are people who are new to the world of coins, including the emergence of some of the latest coins, so that victims affected by fraud will be lured to make payments according to the request of the perpetrator.

Maybe the one problem that will still exist in the future is the people who are trying to hack the system and steal crypto same as making icos that aren't real and scamming people to get money from them. I think this problem will never end.

If ICO projects increasing everyday i think that would be fine but indeed the biggest effect from large number of ICO is the number of scam projects also increasing too and these things will makes cryptocurrency face looks bad especially for those who hate crypto that they will makes these issue to advice people to stay away from crypto and this is not good for cryptocurrency development

the problem will not end because the cryptocurrency has an anonymous nature, so everyone can use it for crime, fraud and laundering without recognizing his personal identity. of course we must always be careful and careful so that we can avoid fraud.

One major problem I anticipate in the next 5 years has to do with people losing trust in Btc if it fails to show some level of stability. I believe volatility is a major hindrance to Btc now and if it continues like this, people may tend to run away from it

If not addressed soon, cryptocurrency will have a lot of trouble with ICO projects. I believe that 2018 was plagued with ICO scams, there was a whole bunch of them that came in, gave an idea, promised great profit with the utilization of the blockchain technology, took people's money and vanished in thin air.

This people makes the cryptospace look so bad, as if it was one big jungle with many viscous animals waiting for a prey to walk in to tear them apart. This scam ICOs make the world of crypto chaotic and something has to be done to deal with it as early as now.

crypto problems will continue to emerge, now crypto has problems and problems with the government. many governments in some countries do not agree with this crypto, as the government restricts crypto travel to higher rates.

I believe that we will finally be able to see really worthwhile projects that will bring even greater benefits to society

One of the main problem that cryptocurrency will face in the future to come will be the centralization of cryptocurrency. The rate to which some government authorities are trying to make cryptocurrency now will be very intense in some few years to come. Cryptocurrency is very young and the effort by some authorities to make its ecosystem centralization now is not taking any effect, this is making some authorities draw plans to centralize this new financial advancement.

the first problem is the impossibility of real use of cryptocurrencies in conventional areas and reassessment of the need for cryptocurrencies

there are two things that become problems that will be faced by crypto market
1. Regulation
2. Trading Bots
regulation will always be a problem faced by crypto in the future
and the existence of the Trading Bot will easily cause price manipulation in the crypto market

I agree, I think creating a good solution through those problems will be changing the security of the crypto system itself, Making ICOs that are scams are a wide lost of money for other investors who are into this business, some of the ICO this year are scams , I think it is better to have a proper commendations in making an ICO, Everyone should notice what are the scams and legit ICO , In the future I'm sure that they will get rid of those scam ICOs.

I agree that there might be more hacking in the future as more people starts using cryptocurrency, but is it going to be worst than traditional banking? Maybe AI can help identify scam from a mile away, or alert the user if he's being hacked. What do you say?

Exactly, crypto market is full of new shitcoins being created everyday and not only newbies but i have also seen experienced traders jumping into these meaningless new coins which makes bitcoin's market totally worse all the time.
If we get same support, i am not sure we will be safe even after years

regulation from the government. if the government does not immediately regulate crypto then it will be a big problem for crypto. when crypto fronts grow better but there is no regulation from the government, the risk of closing the exchange will be even greater.

the problem is not just coming from the internal as you say, but also coming from the external like the government or other agencies, in the near term the problem that comes is the rejection of ETFs which made prices drop some time ago, but the decision may change in the future?

In the future, as Bitcoin's value will grow further, issues like inflation, hackers will repeatedly break in and rob Bitcoins from the owners, and the undeveloped economy may be bitten by Bitcoin. bad influence, etc. In the near future, Bitcoin will have more problems related to its legitimacy in the world economy.

the biggest challenge of cryptocurrency in the future is legalization. the government always try to ban cryptocurrency. If cryptocurrency can be legalized, it will soon be accepted as an official currency

I think the main problem Bitcoin will face are the abusive regulations. Countries that will impose heavy regulations on BTC, charging high taxes from investors, traders and exchanges. Consequently it will become a snowball of fees making many people complain about the costs. Then there is a risk Crypto-Currencies will become mainstream and lose the decentralized status. I don't know if this situation could be reverted after.

For me, the problem in crypto is the difficulty of finding trade participants and the lack of market liquidity that worsens the economic situation of the cryptocurrency market.

In my opinion, cryptocurrency will face  with the fact that It can be banned by gorverment because  they want to control the finance market better.

I think the cryptocurrency issue in the future is to make people know more. Find out how to transfer money safer and it should be considered a currency.

The big problem had been:
- hackers in cryptocurrency exchange and token exchange. If this would be resolved ot will bring good news to many in cryptocurrency world.
- scamming had been a problem, people who are taking advantage of people who had been earning hard for their families and business.
- exchangers that has too high price in their exchange. We need a good exchanger who is more friendly with a fair enough payment.
- a challenge in the crypto market because there are too many cryptocurrencies already. I think it will become a survival of the fittest. I think it will be fine if we Adopt the bests while eliminate the least. Just an opinion. I don’t even know how it can be.
- too many ICO, who will determine what must be accepted and what is not.
- we need more people into cryptocurrency, do we share cryptocurrency to people or are we just keeping it to ourselves?
- we need each other to encourage one another in cryptocurrency not to pull down. We help each other because others need us as well.

Speaking about of AI, do you really want to let AI decide everything on your portfolio? Computer is a very complex system and to let AI decide of what you were doing might be a good plan since it does help you to tell what's going on, on the market.
For the next 5 years computer might be too upgraded that time but i think it's not yet enough for the people.

most of these problems should be solved by the emergence of a new technological product for cryptocurrencies, which will be like anti-virus SOFTWARE to find and eliminate vulnerability problems and use standard solutions that have passed all kinds of security certification.

Crypto isn't an operating system that needs anti-virus to clean those problems.

It needs real solution and blockchain network itself can't be inserted by any virus that you are thinking. It can be delayed and slowed down and that's what it needs to be resolved.

Definitely some of the problems faced now will still remain brewing even in the distant future. Problems like insecurity issues, high price of in their exchange which sometimes are influenced and manipulated by the big sharks and greedy whales. Too many ICOs which will bring confusion and a chaotic environment, also influencing the industry of blockchain. Lack of encouragement among those who trade cryptos. Emotional traders who will never make a logical trade, rather they will continue to listen to other's emotional experiences and trade their cryptos in the same light.

Blockchain projects have already faced a big problem - this is scaling. Although in small steps, but a number of projects still solve this problem. As for AI, the blockchain will more likely help develop this sphere, rather than vice versa.

may in future the cryptocurrency may face problems such as 
there will large population of the coins the people starts rushing towards the the coin and scams takes place
and finnaly may hackers may hack this ...

As the cryptos are unpredictable so the problems will be. The bigger the cryptos will be the bigger the problems will. Like the government can create problems because of the politicians, the central banks can create problems, the transaction security can create the biggest problem. Everything is unpredictable. Hope it dosen't face any of it.

Hello,

It is for me to have more trust in general from common people. Clean the important amounts of shitcoins and scams that give bad image of cryptos. And also securization of exchanges against hackers taht will more and more want to take that "easy" money.

main challenge faced by crypto will be artificial intelligence and moreover govt regulations is also a important challenge for cryptocurrency in near future

The biggest problem is scam,scammers!! That is just the problem cryptocurrency will face in the near future. lot and lot of scam everywhere.

I think one of the problems bitcoin will face in the future are countries who will ban bitcoin in their land, or maybe the speed. If more people will use it, it will become more slower incase of transactions. And the fees would be more bigger.

But along with this problem, there is the biggest problem: cryptocurrencies are digital money, not confirmed by gold. If everyone starts to bring crypto to fiat, the economies of many countries can suffer greatly.

It will happen soon, and you will see this. Many people want to join in the cryptocurrency especially for the people who buy crypto in the last year, and they got broke. They see that crypto still have a chance to rise again in the future and I am sure that they want to get involved again like before. But we need to wait for a while before the problem can be solved. The AI itself will help crypto trading, and the trader and this will make trading easy even for the beginners.

One thing I like about this world is that new innovation keeps coming every time such that old ones help new ones and vice versa. The future problems i see for cryptocurrency is worldwide adoption , volatility, security. And I know new innovations will help to solve it.

According to me, the biggest problem in crypto currency is a large number of shitcoins. As we have seen, in 2018 many ICO projects turned into a scam, which can kill crypto currency and also a big threat for crypto currency. And that's why crypto currency is still illegal in most countries, and will stay banned also in near future.

The problems that bitcoin will encounter for the next 5 years is I think the problem that it faces same now because if those problems cannot be resolve now then it will still be continue to be the bitcoin's hindrances. The accpetance of people and governments, the legalization of it in all places are some of its problems. And the rising of other coins can also be one.

The total number of digital coins today reaches 12 million cryptocurrency Creator Satoshi Nakamoto in the creation of the bitcoin algorithm took into account the possible surge in the popularity and fast growth of productivity of computers.

The top threats for crypto currency in my own opinion after 5 years maybe still the security of your coins in trading exchange to be safe from hacking and another is the most common problem we currently encounter scamming and price manipulation of small cap crypto coins.

The main problem that we will face in the future and even today are those ICO that continues to grow rapidly without a real use and only made to make money out of thin air. If this will continue the ecosystems of crypto will be polluted with shitcoin. The only way to prevent it is to have a high standard regulation for launching ICO.

One issue Bitcoin in general will face is high transaction fees. There will come a point around the next 5 years that you will get only 1 Bitcoin per block. Once this happens they will increase the fees to make up for the mining. They will not be recieving as much in mining fees. So to make up for it they will increase transaction fees. I think that making the feea MORE EXPENSIVE is a bad idea, because when BTC was only at 20k fees were outrageous!!

I agree with some people here, one of the big problems in the world of cryptocurrency is ICO fraud. Because I think, that will reduce crypto's popularity. Maybe because of that, many countries are starting to think about making regulations for crypto. In order for all forms of deception to be away from crypto.Of course, it must be without eliminating the nature of cryptocurrency, namely decentralization

This is not the main problem now. Yes, the cryptocurrency (Bitcoin) was used for bad purposes but mostly in the years when it appeared. Now, the crypto is the method to make the money, the investment.

I think the problem is that trust in crypto is decreasing because so many ico projects are scam, and many investors are hesitant to invest in crypto.

EDIT: The text below was written by someone who bought my hacked account, which I just got back. It's incredibly stupid.

Scalability, transaction fees, usability and also the issue with regulating crypto for government taxes. These are some real life issues right now and we need to find possible solutions to all of them. A single token or project cannot solve all the issues so we need new ideas and minds come together to solve them and move ahead.

Hi, it's the real Explodicle again. I'm just amazed at how stupid the statement above is. Wow.

I would like to think that not all new coins are created with the sole purpose of scamming people, but do you think that it will be better if there would be no new coins created in the future? Will it really make a difference in the market?

I agree. The problem is not on the decentralised system itself but to those people who are using it. They tend to do something that may pull down the bitcoin. They do not want to be eliminated so they do something to be on top. And i guess this kind of doing is not really good. It destroys everything.

I agree. However, this is a very personal problem, in my opinion, because it is always up to the people if they want to study it or not. To learn about cryptocurrency or not. It is a bad habit that some people tend to embrace and one that we should not practice, but one that I think we have no control of, right?

I think more on government system, bitcoin will face a serious problem with the government because it is decentralized and democratic unlike many government in the world. It is like government giving centralization control to its people in terms of financial which is more risky than we have right now. However, government will able to cope with this conflict and innovate their capacities.

I think that the biggest problem will be mass adoption. And not only by people but by states. People on the contrary more and more trust and come to crypto. And states are still banning or watching with suspicion. I don't see a problem in ICO because again the whole thing is about people. The more gullible people who are willing to invest in dubious projects, the more such projects will appear.

the problem right now makes the government believe in bitcoin and make them want to use bitcoin as their payment system and the currency, without their permission i think we can't see the good side of bitcoin 100%

The percentage of actual productive cryptos to the rubbish altcoins that keeps being created. As cryptos creep into the mainstream, people are going to be scammed into investing in rubbish alternatives, get burnt and then complain to everyone about them

Every country has its own currency which is issued and protected by the government. Countries allow only a single currency to operate inside their borders. Governments provide assurance to the users of these currencies and also people put high faith on them. Till now, there are over 1500 cryptocurrencies available worldwide (while fiats are not over 180) which is making it difficult for people to choose and accept them as a medium of exchange due to uncertainty and lack of faith in them. Too many cryptos are making it tough for the users to select suitable cryptos to work with.

If there is no regulations happen towards ICO project, definitely investors will never continue supporting crypo as many scam project flooded right now which could only ruin market image. That's the biggest problem might we face in the future and it could be worst if all coin values goes down just because of these event.

What most usually are the problems in the near future are the counts of scammërs wiĺl be äs many they can be,so we must be more alert of all those bad enfluencers.We may be aĺĺ vigilant and alert especially our wallets we wiĺĺ protect as we could.,
          And to our governments i know that someday somehow they will support and love crypto world.

This is a fact and to get rid of it or reduce it should do the following
- Raising awareness among traders, especially newcomers
- ICOs ratings sites, must be more professional and transparent
- We as crypto society must follow all the new ICO and wary of the scam of its.

    Hey Impulseboy! In my opinion to many people in crypto are focused on building cool technology and not enough people are focused on good technology. Look at this design of margin trading that we will build using a centralized premine on a centralized platform making it all centralized and, thus, useless

Lot of investors and the price of bitcoin will the main problem if the will face for in our future and no one can tell what the main purpose will happen.

One of the problems that cryptocurrency that need to be resolved is the security of the all the platforms here in this industry. If hackers can penetrate the most known secured exchanges, it only means that this industry has a problem in the future especially those platforms that will be built from the blockchain.

The biggest problem I see as a constant obstacle to the development of bitcoin by the authorities. It's absurd. Bitcoin is designed to improve our financial and economic space. So why interfere with this process? I hope that bitcoin will overcome all these obstacles.

I see a big problem with trust in bitcoin from people who know little about it. This gives rise to a huge amount of incorrect information that spoils the image of bitcoin. Therefore, at least basic knowledge about cryptocurrency should be taught in schools and universities.

It is very important now that as many States as possible support the cryptocurrency and allow it to develop on its territory. This slows down the process of bitcoin globalization and its implementation as a currency. And the official permission of the authorities will significantly accelerate the process of cryptocurrency development.

I think in the future, the crypto world facing will be what it's againts for and that's regulations, government and the threat of being centralized despite being decentralized in nature. This is going to be a war between early adopters and investors againts big institution who like to monopolized crypto.


Being safe is our responsibilities. Problem in Crypto trading, hacking and specially scamming are cause by being irresponsible and careless in our ends.

The problems that cryptocurrency will face near future will be the value of coins and its security. Because embracing  21st century as a whole will make people knowleadgeable in different thing. Many scammers will out. It is better to satay active in terms of security.

The hope of each investor from crypto assets is to feel safe, easy, and get profit, so long as they are not deceived and always get all forms of service, then crypto investors in the future will continue to exist

I think we cant remove that bevause everyday there are new people that was knowing bitcoin as it was exposed to social media. I see a problem in transactions and bitcoin as a mode of payment. I dont think if that time people will accept it or even the government.

What's with the value of coins? I don't think that's going to be a problem in the future. What's more of a problem is the number of coins are growing that has no value so that's probably what you are trying to say. And about security, well everything online is at risk so be just a responsible internet user and keep your coins safely with your wallets.

AI will helping a lot in cryptocurrency. With many scamming and hacking, AI will help people to reducing it. I am believe in next 5 years, crypto market growing bigger than now and market cap reach trillion dollar. The challenge is on hacking on our wallet security because many hackers will target cryptocurrency to steal

Crypto is gaining more popularity each time and in the next five or few years, cryptocurrency market will increase significantly in value due to the high demand. There would not be much problem for crypto but a coin like Bitcoin will be more valuable due to the limited supply of it. The increase in its demand will cause its price to rise as it becomes scarce.

I think the main problem of crypto are fraudsters who steal cryptocurrency from honest people. They were, are and will be. And it seems to me to fight with them very difficult. The second problem is the scam ICO projects that do not pay out to both investors and bounty participants.

Cryptocurrencies will face some major problems like- ban from another few countries, hacking of major exchangers and personal wallets, Shitcoins ICOs, Scammers of Sucessful project's team. AI cann't make crypto trade completely safer and hacking free but can minimize.

Hacking and scamming will be something that we can fix. Regulation is the only hurdle, and always will be. When we break free from this restraint, it will boom!

For years, the Bitcoin market has always been threatened by hacking, fraud, exploitation of assets ... And new investors who have not yet taken the necessary precautions are always the ones who bear the consequences. The most worrying thing for investors to worry about investment.Bitcoin needs to overcome and improve to be accepted by the world in the future .

It jas a point. I also agree with this. Itnis really one of the big problem of bitcoin. Those coins thatvare made just for scamming. Or also they are amde without proper plan that made them weak or ending without profit. This creates bad news and it affects the market negatively.

obstacles, problems, and FUD will never end. even when crypto is received by the world, problems will always come to make crypto fall and weak.

banks are state agencies that are most disadvantaged by the crypto world, but I am sure, the bank will stop and will give up fighting crypto.

maybe the problem that always arises is the problem of price and future development for legality, of course it depends on the government in the country that is occupied by the investor itself, maybe that's a little I know about the problems that are often found in investing

I do not think that Bitcoin and crypto coins will have a problem in the future until now, I do not think that Bitcoin overcomes the dangers that no one can overcome, but I cannot go without saying that there are many attacks.Of course it's not that easy to overtake because Bitcoin has a self-preserving system as long as anyone can find the long passwords easily do not need to be a few big teams of hacker teams can do but I always faced a Bitcoin who know that it is very good chance to face it. no

The most threatening issue is that of Hackers. However, I do think that regulations and external manipulations of the markets too will pose threats to the expansion of the cryptocurrency beyond its oars.

nothing more than a matter of prohibition in some countries and others such as hacking and rumors. that's what is a complicated problem for crypto today and in the future.

Purely adoption, and there are a lot of barriers in the way. All we need for bitcoin to grow is for people to actually keep on using it and for others to get on board. Doesn't matter whether it's for an investment, currency or whatever, we just need people transacting their fiat for it, but things like fud, and regulations, and crashes and panic in the media scare a lot of people away. As for how we can change that, well I guess just educating people, but the general public probably won't really listen but we can certainly keep doing our part at trying to educate people and fix that, but it won't be easy.

we never know what will happen in the future, especially with the problems related to crypto, this is still an ongoing debate. I think what we can do is only analyze every situation that occurs and the growth opportunities at the end of this year are thin.

I believe that in the near future - there will be problems with regulation in most countries. The aggressive policy of banks is also possible.

I really think that the problem that will come in the future is the centralization debate on Bitcoin when this crypto currency is globally adopted there might be a global regulatory committee that regulates the price of a known global crypto currency. This debate will divide most of the people from the crypto currency industry because the debate will center to the question if Bitcoin needs to be regulated with a stable price. I think this kind of scenario will really occur in the future because some people will favor that Bitcoin is decentralized and some people will favor that Bitcoin should have a stable value as a global crypto currency. This is just my conclusions according to my way of thinking and point of view on what might happen in the future, will Bitcoin remain as a speculative coin or will it a stable coin with a central governance that maintains its value? don't take it too seriously. ;D

I think one of the biggest problems is security. There is a lot of comfort on the market. An arrangement related to this can be carried forward but without restriction, it can move forward this sector.

To be honest, technical problems like hacking and scamming would always be there but while looking at it through a microscopic approach, I would say that awareness about the fundamental principles is going to shape the future. We must realise and understand the fact that Bitcoin is a part of blockchain which relies on the principle of decentralization and that provides us use power to transfer funds from one point to another in low cost and time, it is a powerful payment system and we should focus on it instead of giving first preference to speculation activities.

Frankly speaking it is very difficult to assume about problems in the future ! I now see only the problem of scaling and ETF ! Time will tell no need to guess !

At this moment main problem for crypto are scams and in near future we would have that problem but as we see many projects make mvp which is good to escape from scamers.

I think the biggest problems will be created by Government and central banks. Because bitcoin will spread more quicker than today is and that will be a huge headache for politicians thus to the government and banks. And if!! I mean if the government allows bitcoin transactions in future then I think they will put some rules and regulations on bitcoin which will not be user friendly and transaction costs minimizer. So you know what will happen if they do that, it will have multiple effects and that effects won't be good for bitcoin. And they don't want good effects at all.

This is not a problem of cryptocurrencies. When you invest in a project and you are scammed, it likes that you have given money to somebody for a service and then that person don't provide that. Bitcoin is a payment system and it is working well.

I think for now the only thing that cryptocurrency will face is slow and poor internet connection. But in near future I see that on of the bitcon and other cryptocurrency will face is the government. I know that when the time they see the type of income and nature of business of bitcoin they will be against at bitcoin because it may affect some government and local issues like taxes. And if may happen there is also a big problem because stores will afraid in accepting bitcoin so  the uses of bitcoin and oyther cryptocurrency will lessen and it's value may decrease or the worst thing it may loss it value.

I agree ta hars to predict those kind of thing because it was to far from the present time. In fact it has a big possibility that things will changed in just a couple of time. What we really need was manage what we have now and solved problem that we think was not good for bitcoin

I think one problem many people overlook is the fixed amount of cryptocurrencies unlike bank notes that can be easily printed in order to meet demand. In the years to come, as more people demand for crypto, we might run into shortage.

For me the biggest challenge when crypto implemented and adopt all over the world and use it to became single currency is the power (electric current) because all crypto are using blockchain and it was thru internet, slow internet connection that can't open the wallet to pay your bills and many hackers that will hack your wallet and the safety of your money.

I think we are all possible will encounter the complexity of events, formalization, and centralization, both negative and positive. These three components are the core of the structure which will never be separated, from the existence of cryptocurrency and its utilization, we will surely find it in the future.

I agree with your statements.

The first biggest problem is the scammers. Which in every way will break into the system. The second main problem in my opinion. These are governments and their bans.

In reality, the biggest problem of cryptocurrency is the negativity of the people and it has a very bad effect on the market. We have to tell people about the positive aspects of the crypto currency so that people can be attracted. But in the case of all crypto currency it is not so because the number of bitcoin lovers is increasing day by day and it is actually a good sign

Security at what source? Your actual coins or third parties like exchanges and payment processors? People are responsible for their own money with bitcoin, but it's not like fiat and it's banking systems don't have issues with security. Banks and personal accounts are always being hacked and leaking personal data.


Most governments won't ban it. It would be counter-productive for them because they'll be missing out in millions from lost revenue taxes. They'll regulate it though, but that's to be expected especially when they want their tax money.

In my opinion , the significant problem with crypto is the scam They can hack and make money from user,, This make me worth worrying

The problem bitcoin will face is having better cryptos around. AML BitCoin rests on a privately regulated public blockchain that facilitates AML-KYC compliance and identifies criminals associated with illicit transactions while maintaining and strengthening the privacy protections for legitimate users.

Volatility. I think that this will still be a big problem for cryptocurrency in the next 5 years, especially for bitcoin. Its prices hasn't been the most stable even after 10 years and I don't see it stabilizing in the next 5. Another problem cryptocurrency may face the near future is adoption. Let's face it. Despite many people gaining interest on cyptocurrency, it's still not enough for more people to want to start using crypto.

One of the biggest problem of the cryptocurrency will face in the near future is those altcoins that don't know where it came from, but it will really affect the bitcoin to be down because those altcoins is the cause of those hackers I think based on the majority I've read.

Scammers in crypto are a big problem in crypto right now and will stay for a while. I hope it's possible to weed out many of them because crypto loses much credibility by scammers everywhere. Media is also using this as argument agains Bitcoin.

For me the blocksize is my immediate concern when it comes to the future of Bitcoins because when air becomes mainstream and everyone is using it, it’s going to make transactions slower and even more expensive.

maybe the price of bitcoin will increase, because soon to be celebrating the new year, and usually the price of bitcoin will soar, and many people will distribute gifts

All problems now around speculative moments.
Peoples try to earn moneys there and dont think about developing

Shortage of bitcoin supply, more shitcoins, more scammers, more dead ICOs, more members, more regulations, more campaigns, more altcoins, and more opportunities. These are the possibilities to happen in the future.

The problem with a cryptocurrency is that many hacking is often a problem, because it is really popular with a cryptocurrency market and is included with a bitcoin currencies and ethereium is both good and it is often inflow to people for a market, but simply the problem of bitcoin has all been solved so someday we are also approaching in the near future. and hopefully all that scammer ICO project will forever be lost.

for me personally, the biggest problem at the moment is the issue of legality because currently my country has not fully become a recognized currency and is formalized as a currency that can be used in direct transactions,

the use of payment cards with the crypt is already as accepted by the society as ordinary payment cards. especially since they are not particularly and are, just to Fiat funds you have added cryptocurrency and can be used when paying.

Why would you want it to stabilize? Something tells me you wouldn't have a problem if the value kept rising. It's just when it goes the opposite way people start to panic but you can't have your cake and eat it too and volatility is part and parcel of bitcoin and the risk of investment.


I don't think anything is 100% safe, but are you talking about banks or cyrpto not being safe, because banks and their accounts are hacked all the time for both money and personal details.

Hacking is the biggest problems I can see in cryptoworld in the next 5 years,almost 1 billion dollars are estimated worth of crypto has stolen in the first half of this year on different platforms causing alarm in security, ransomwares, malwares, phising methods are really uncontrollable crimes today I wonder how the future will fight against this?    

I think one of the problems of cryptocurrency will face in the near future is the congestion of marketplace with new cryptocurrencies listed almost everyday. The more cryptos we have, the stiffer the competition will be and only the fittest will survive.

How much has been lost from banking institutions and fraud committed with fiat systems? I don't have the figures but I bet it's many more multiples of just one billion. Hackings are still obviously a problem but it's not limited to crypto and I think people should take the warning to maximize their own personal security and keep minimal amounts on exchanges.


Most of them are dead on arrival or are forgotten about soon after. Very few currencies actually get created that offer anything new or have any long-term potential. Most of them are just get rich quick schemes created by scammers just looking to rob the greedy and move on to the next coin.

Actually the main reason thats would been problem of crypto since from the beginning until beyond or go to five years from now are the adaptation to the different country on this kind of digital investment,because not at all country can adapt this kind of technology,because there are country that belong into the third poor world country thats not capable into this cryptocurrency investment system.

The problem experienced by bitcoin for users is an unstable price. Fluctuating too much makes users apply the principle of waiting and seeing. For the government, why many countries do not want to accept bitcoin because of anonymous factors and prices are too volatile. Maybe one day there can be a compromise so that countries around the world are willing to accept bitcoin.

 I think one of the biggest problem in bitcoin is the scammers. They take advantage to the newcomers as cryptocurrency gets more popular day by day. Newcomers just want to earn and get bounties without fully understanding what bitcoin really is. They would be easily scammed by the veterans who already know the ways in bitcoin.

  There's also discussion about the inability of financial institutions  adopt the blockchain technology, which is an issue with the financial not the technology.

  But what is interesting is there are addition and bigger problem specifically with regards to bitcoin.

  Bitcoin has a limited number of "coins" that amount to 21 million btcs when all the coins are mined by the 2140.It likely that way before then, Bitcoin mining with not be profitable due to the high energy cost and expensive hardware needed for mining.The bitcoin transaction fees will not be sufficient to keep the network going either. There are many theories in term what might happen when mining stops, but the likely scenario could be bitcoin will not have the computing power needed to assure transanction, grinding the network to a halt.

The question is, what will happen to the value of bitcoin?

The problem cryptos will face in the future is that there's a great coin in the market called AML BitCoin. AML BitCoin rests on a privately regulated public blockchain that facilitates AML-KYC compliance and identifies criminals associated with illicit transactions while maintaining and strengthening the privacy protections for legitimate users.

What I'm worried about the development of crypto in the next five years is probably the appearance of too many altcoin. I think this is not good for the market when  the altcoin does not get the attention of investors and the price goes down, you will see the market is red and this makes the investor afraid.

Cartels - miners, exchanges, major holders.

If we think somewhere like Bitmain is a problem, that's chicken feed compared to the amount of money and power washing around a few years down the line.

Now it could be said that the more big bucks are involved the more invested they are in the status quo, but that didn't stop somewhere like Bitmain trying to fuck the whole thing up. Times that by 50 and it could make for an ugly scene.

You could also argue that the bigger it is the harder it'll be for collusion to happen, but the bigger the bucks the smaller the number of super deep pockets there'll be at the top. Power is already way too concentrated in too few hands in multiple areas. It's going to be a struggle to improve that.

AI will indeed be one that helps alleviate humans but I feel it won't help cryptocurrencies in the face of the problems that will occur. the problem that I think will soon be faced by cryptocurrencies in the future is Fake news or hoax, we will see how people who hate Bitcoin, attack Bitcoin with false news, to destroy cryptocurrencies for various reasons.

I think that over time the number of scams will be more and more and this will be the main problem of crypto. People will be afraid to invest and it will be necessary to solve this problem. To spread the crypto to the masses, we need to show that it is safe.

If it will became the universal currency in next 5 years then we should have a fast internet connection, a lot of power supply so that we will not have a power shortage, but when it comes to a project then many scam project will be born because they will use advantage when the investor are newbie, then make sure you have strong security on your wallet so that you will not hack.

I think for now it is a serious problem in the level of decline, almost a full year the market is always dominated by the red trend, so there is no need to think for the next 5 years, until now we still have no picture for recovery or stability

In the near future, I think cryptocurrency will face lost in trust in government-backed, or fiat, currencies, a cryptocurrency future could come about by default. That may be a risk not only in places like Venezuela but also in the U.S where federal deficits are spiraling.

I think the biggest challenges for crypto in the future would of course be adoption. Then there’s law/regulation, plus the anarchy or anti-government mindset. I think most crypto supporters are afraid of government power, correct?

In addition to the fact that most authorities prevent the development of bitcoin, we may face the problem of low technological development of people, which also complicates the adoption of bitcoin as a currency. Absolutely not all people have smartphones, computers and not all possess basic computer skills. This means that they can not use bitcoin as a means of payment.

if a person is trully obssed to learn and to use a crypto , he will alwyas find a way to work on it .

 most us ( including me ) were also came from poor families and most of us dont also have the talent or skill to learn cryptos but look at us now !  we are now using a crypto and we are now owning a high end gadgets because of the help of cryptos .

see ? for sure anyone could also do what we already did , only if they are really dedicated and passionate about thier dreams and goals in life .

the main problem for everyone is the entry of large investors into the market, who are currently waiting for an ETF solution

I think the major problem for bitcoin is the acceptance issue in different countries and the government opposition due to this the bitcoin is not flourishing at all and it is true that crypto market is rising for a good purpose once you buy bitcoin just try to make a way or trade it for the profit now people are buying different coins for future profit and most of the ICO are high in demand for the public and for investors, like crypto is the key for entering into online casino and online games.

I think this will be a problem, not because governments will not accept or regulate Bitcoin or other crypto currencies in the future but becausw it will lead to something that will or may end up Cryptos. With a lot of regulation, there will be a lot of transaction and I don't think crypto currencies are readt for that. Bitcoin has a problem with massive of transactiona in the past so I think this might be the problem in the future.

right I agree with you that more shift coins are created. so there will be a lot of ICO fraud because now many bounty projects are scam. so you should study and analyze before deciding to invest or work in an ICO project. and also negative issues or FUD is a problem that is often faced by cryptocurrency. FUD can influence people to sell or buy cryptocurrency. if most people are affected, this will make the coin price movements change.                                                                                                                                                                                                                                                         

There are a whole lot of scam and shit projects entering each day and the number is bound to increase as time goes on. They are making it unsafe to invest in crypto for most especially novice and even veterans. As the crypto sphere enriches as it evolves, it will attract more of these bad guys in the coming years

More shitcoins and scam projects will make bitcoin lose face in the future,this is why I want something to be done about shitcoins and scammers out there,and we might see new hackings but only newbies will keep falling for such

No, it doesn't affect bitcoin much, do you think that dumb people all around affect the respect that is paid to a retired proffessor? Not by much.

What exactly do you want to be done about scammers and shitcoins? Everybody is free to reuse the publicly available code the way they want.

I have a solution for you. Just don't pay attention to the shitcoins all around you and they will magically ... disappear!

I think that scam or crime is the nature of crypto from the past that is difficult to eliminate, if we work here that is our biggest risk if we are not careful and careful. the future of crypto no one can predict it right, so just look at what will happen in the near future.

Some of the negative effects, bitcoin would suffer in the near future includes continuous government interference and more negative news from people who don't believe in the dream of bitcoin and cryptocurrency as a whole. These are some of the few issues I forsee in the very near future.

I think the main obstacle is legalization.  ???

Also interaction with the religions of the world. Islam doesn't recognize cryptocurrency fraud. for Muslims it is haram. :-\ But for example I heard that Stellar recognized halal.

Bitcoin maybe suffering in the near future and to accept the negative effects from the bad thing that the government would not really accepted the pretty good finance proven and given by bitcoin.

If bitcoin is accepted by a large number of people in future the problem we may encounter is transaction speed, if the issue of scalability is not solve now it will be difficult to handle in future.

This is one of the things that can be the problem in the future the transactions of hacking issues but it must be solved. Many things could be the problem about crypto just like the legalization, adaptions in other country and others but we cannot really predicts the future of crypto.

The problem with hacking and scamming will not end, And what can be the biggest problem of bitcoin in the future is the rapid collapse and increase caused by bitcoin price manipulation.

I hope that in the near future bitcoin can be protected from hacking, but it seems to me that the problem with scalability remains the most important one on the market

    In my opinion everything will be fine with the internet and crypto community I think it could be less than 5. If the Federal Reserve collapses it will be a domino effect on banks around the world. The challenge and question - are Governments “quietly” prepared?

I think the first thing is that the war with governments and banks of nations is not over yet. We will face more types of shitcoin and come with it as phishing projects. AI can help more but we should not be too dependent on it

currently, work is underway to conduct small transactions in bitcoins, not as a main, but in parallel with the list.

In my opinion, one of the main problems with which the cryptocurrency market has already encountered is the ability to influence the rates of coins from the largest holders. This contributes to cryptocurrency volatility, financial losses among smaller market participants and other negative consequences.

the problem can be overcome by a transaction fee level. If you want a fast transaction, you have to pay a high fee. Another problem that is more dominating I think is about government recognition and the many negative news circulating regarding cryptocurrency, which greatly affects prices.

I think some people would have become so used to stealing other people's cryptocurrency. I am saying this based on the current rate of scam and because more vulnerable individuals would have joined the cryptocurrency world by then.

I agree with some people here, one of the big problems in the world of cryptocurrency is ICO fraud. Because I think, that will reduce crypto's popularity. Maybe because of that, many countries are starting to think about making regulations for crypto. In order for all forms of deception to be away from crypto.Of course, it must be without eliminating the nature of cryptocurrency, namely decentralization

I am totally agree with you on this. There are 100s of shit coin out there and every new day the number is raising. The most dangerous thing could be this. Some one should solve this problem otherwise the market would go down.. The coin telegraphs news is very strange and when i read it i really feel unhappy.. 80 percent is too high :/

"New Study Says 80 Percent of ICOs Conducted in 2017 Were Scams"
 https://cointelegraph.com/news/new-study-says-80-percent-of-icos-conducted-in-2017-were-scams