It is not to make traders rich, but to change the world.

[Coingump]

Let's face the bitter truth of Cryptocurrency. A little idealistic and a technological point of view.

In 2017, coin prices have risen to incredible levels, so crypto currencies have received much attention.

However, instead of technological enthusiasm like the dreams of the blokchain engineers, classic commodity investors rushed to the market. As a result, the waves of HODLERS singing began to happen.

Because it is the environment where a lot of people who want to profit from instant changes instead of long-term investment and waiting are gathering crypto money.

There were martyrs in this square battle, the gazelles and the heroes.

It seems that perhaps we will have a technological revolution in the near future and we will face a different internet / finance / copyright / information storage / luck game / artificial intelligence / payment experience in our daily life.

cryptopole units; the processing speed will be more practical and safer than traditional currencies due to the technological strength.

Blockchain technology consists of stacks and intelligent contracts that facilitate information transfer. The main advantage is that these masses are not centralized and open to read / write access to all users.

Since all information is cryptographically encrypted, Blockchain will be safer and faster than any other systems we have previously. If you continue to develop and the number of engineers working on this order continues to increase.

Despite the fact that today many valuable information and technologies are monopolized by global giants, Blockchain is practically applicable to almost all sectors.

Make sure these global actors are a great risk and this risk continues to grow over time.

A question arises right now in the mind: "Well, well these monopolizing sectors will take over these guys, will not they be the new monopoly?"

The difference is that these guys are all developing their open source code. Everyone who buys, uses, develops, adapts ...

At the end of my writing, I would like to mention the legendary tweety that I added to the screen image in the title.

Cardano's founder, Charles, gives a very nice answer to the investor who wants to make a profit in a very short time: "I'm not here to make traders rich. I'm here to change the world."

Legend Tweet's Original Link: https://twitter.com/IOHK_Charles/status/959076402912927744?s=20

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[ashley_49]

Nice article indeed. It is true that most of the people jump over cryptocurrencies to make money within a short time with a low investment and zero knowledge. So it was not surprising to face the current situation. But I hope and wish market will grow slowly.

[Zentor]

You are absolutely right. We can see a bubble now but it is based on strong working technology which is going to replace. Strongest projects will become new leaders at global arena.

[audaciousbeing]

Reading this is actually right to a large extent the problem started when the entire focus was put on the speculative side of crypto currency rather than the potential that the blockchain offers. A whole lot of stakeholders have their own share of the blame but the most important is the media that focus more on how price had increased which further attracted the vultures and noises.

Its actually not over yet, in as much as we cannot separate the human default nature to make money, we should focus on the long run which is the best option for now since the market is not rosy at the moment, all attention can be shifted to having a solid base in preparation for the good moments to come.

Let's face the bitter truth of Cryptocurrency. A little idealistic and a technological point of view.

In 2017, coin prices have risen to incredible levels, so crypto currencies have received much attention.

However, instead of technological enthusiasm like the dreams of the blokchain engineers, classic commodity investors rushed to the market. As a result, the waves of HODLERS singing began to happen.

Because it is the environment where a lot of people who want to profit from instant changes instead of long-term investment and waiting are gathering crypto money.

There were martyrs in this square battle, the gazelles and the heroes.

It seems that perhaps we will have a technological revolution in the near future and we will face a different internet / finance / copyright / information storage / luck game / artificial intelligence / payment experience in our daily life.

cryptopole units; the processing speed will be more practical and safer than traditional currencies due to the technological strength.

Blockchain technology consists of stacks and intelligent contracts that facilitate information transfer. The main advantage is that these masses are not centralized and open to read / write access to all users.

Since all information is cryptographically encrypted, Blockchain will be safer and faster than any other systems we have previously. If you continue to develop and the number of engineers working on this order continues to increase.

Despite the fact that today many valuable information and technologies are monopolized by global giants, Blockchain is practically applicable to almost all sectors.

Make sure these global actors are a great risk and this risk continues to grow over time.

A question arises right now in the mind: "Well, well these monopolizing sectors will take over these guys, will not they be the new monopoly?"

The difference is that these guys are all developing their open source code. Everyone who buys, uses, develops, adapts ...

At the end of my writing, I would like to mention the legendary tweety that I added to the screen image in the title.

Cardano's founder, Charles, gives a very nice answer to the investor who wants to make a profit in a very short time: "I'm not here to make traders rich. I'm here to change the world."

Legend Tweet's Original Link: https://twitter.com/IOHK_Charles/status/959076402912927744?s=20

[MakeMoneyBtc]

Sadly but true that is the real truth. People are using bitcoin or other cryptocurrencies as an investment and to as something that could change and help the world. We can say is their fault but on the internet bitcoin is mostly promoted as a thing that helped a lot of people to become rich so that everyone starts with this idea in mind when they buy cryptocurrencies.

[Coingump]

It's nice to know that they are people who see Blockchain as a big change.

[mktpromp]

Obviously the goal will be different to different people. If the technology can change the world and make the traders rich at the same time, I won’t have any problem with that. Charles’s tweet is pretty inspiring though.

[Hitesh Ohri]

yes its very true that with the coming time period bitcoins will change the entire world because of more usage of digital currency........ it also make the investors reasonable returns so that they would be satisfied to buy it

[lizardbtc]

First of all if you couldn't get more in return as an investment, not many people will want to use it and not many people will want to get in. If there wasn't for price you wouldn't see big media advertise this whole thing about cryptocurrency for free to other people and to educate them a bit that it exists and how does it work. Many people don't care what it is and I see them often saying I am gonna cash out - bitcoin and other-like cryptos are made to be currency in the first place not as an asset. But for the future we have to have huge price for the market to be somewhat stable, because you can't tell people to spend their crypto if they have a fellink or hope or know that they can spend less tomorow for the same thing.

[dothebeats]

Nowadays, people don't actually care for technological advancements and such but care more about profiting off of something while they can. Back in the days when bitcoin isn't influenced by speculation, most people here in this forum talks about problems, bugs, potential features to be added and other geeky stuff about improving bitcoin, but now all you see is people's concern about the price of 1 bitcoin and how would their investments be affected by such. The problem is within the user-base and not the tech itself, because as far as bitcoin is concerned, these traders capitalized on bitcoin's 'promise' to make a better system for all of us, and unfortunately that 'promise' only rang true to them.

[amishmanish]

Nowadays, people don't actually care for technological advancements and such but care more about profiting off of something while they can. Back in the days when bitcoin isn't influenced by speculation, most people here in this forum talks about problems, bugs, potential features to be added and other geeky stuff about improving bitcoin, but now all you see is people's concern about the price of 1 bitcoin and how would their investments be affected by such.

The biggest role in this has been played by the media hype that made the technology go mainstream. (along with the occasional nut cases selling their homes and belongings to buy bitcoin..LOL.) Another reason for the sudden explosion has been that, unlike earlier advancements in Internet, blockchain phenomena has been worldwide. ICO craze too contributed in getting BTC to this price.

A lot of that money is now, inevitably, moving out after making many of the 2015-16 entrants as well as traders rich. That well has mostly dried up now. So normal people being concerned about bitcoin's price doesn't mean anything till there is further consolidation. We are all in this for the long run now. That is a good thing as being invested will mean that we'll be much more vigilante the next time.

The problem is within the user-base and not the tech itself, because as far as bitcoin is concerned, these traders capitalized on bitcoin's 'promise' to make a better system for all of us, and unfortunately that 'promise' only rang true to them.

We have to define the user-base here. The majority raving after the 10 cent coin has always been like this. A greedy, desperate being looking for a way to exit the race for quick riches. They were here back when the dotcom crash happened, or even when they all bought houses on mortgages before it all came crashing down.
In the end, the people who actually made things like internet work for us all were focused prodigies or companies. The thought leadership in case of cryptos has sadly been lacking in this regard. There doesn't seem to be anybody steering the ship as some find it necessary that there shouldn't be anyone seen at the helm. (Take, for example, Charlie Lee announcing that he sold-off his LTC holdings)

I think when it comes to development of crypto-related products, decentralization has been useful only up to some extent. Too much decentralization and focus on community building leads us to situations where there is enormous hype about non-existent products (Like some coin called Tron, McAfee's announcements etc.) The best way to develop a business/ codebase or product in the crypto-world is still the old one, a small group of committed people working from their garage, basements or a relatively unknown chatroom.

[Slow death]

"I'm not here to make traders rich. I'm here to change the world."

are very beautiful words, but the reality of the world is very different and he knows it, however much you create something very incredible that even can change the world and make the world a very good place? if this something does not have financial support, the market does not look at such a project? then you will not change the world... the crypto world as well as anything we do in this world, its success depends on the acceptance of the people... acceptance of the market, if the investors are not satisfied, then your project will be a great failure. the creators of these cryptos projects must balance, on the one hand they should please the investors and on the other hand they must make projects of good quality.

[Vinodam]

Ideally Businesses and ideas that starts with the mindset of changing the world or solving a problem in the world ends up making a good fortune for theirself with doing what they love. Bitcoin is structured to assist the financial system of the world and at the same time changing lives