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Author Topic: What does the cryptocurrency industry need?  (Read 1842 times)
fortress
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September 14, 2017, 03:42:31 AM
Merited by Nathan Graves (2)
 #41

What the cryptocurrency industry really needs are more Bitcoin ATMs.
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September 14, 2017, 04:07:40 AM
 #42

What the cryptocurrency industry really needs are more Bitcoin ATMs.
bitcoin atm is not that much impact what does it needs are adoptions from big business and investors as long as the trend keeps like this just a hyped and news
that will influenced its movement bitcoin wont go anywhere to what we wanted to it in the future.
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September 14, 2017, 11:50:31 PM
 #43

Right now the industry needs decentralized exchanges, so that people in countries like China would have no problems when trying to trade.
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September 15, 2017, 02:39:56 AM
 #44

Right now the industry needs decentralized exchanges, so that people in countries like China would have no problems when trying to trade.

Decentralized peer to peer exchanges is the answer indeed. Bisq is a the best one out there IMO. They have been around for years and have a geat dev team and great community.
cryptocortex
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September 21, 2017, 12:12:25 AM
 #45

I wish there were more Bitcoin ATMs. It's part of the infrastructure that Bitcoin needs to grow even more and reach the masses.

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September 21, 2017, 01:04:35 AM
 #46

As well as you I'm new in this world of BTC and it is interesting to consider those questions if I desire to enter into this ecosystem, I know that is a currency of momentaneous profits, I really do not think it will last long but if I want to get the most out of it. Huh
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September 21, 2017, 01:09:40 AM
 #47

I think crypto currency first need the support of the government because if they will adopt bitcoin and itroduce it to all people surely bitcoin will continue to grow, All innovations will go to nothing if the acceptability of bitcoin is still limited in other countries, then if time comes that it is now accepted the issue of volatity must be settled because if the demand will increase supply must follow.
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September 21, 2017, 01:20:26 AM
 #48

As well as you I'm new in this world of BTC and it is interesting to consider those questions if I desire to enter into this ecosystem, I know that is a currency of momentaneous profits, I really do not think it will last long but if I want to get the most out of it. Huh
I think you also need to learn the basics of economics. You can start with inflation and fungibility.

Bitcoin is already one of the safest things in the world to use as a means of storing value.

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September 21, 2017, 01:29:32 AM
 #49

I think We need more and more people in the cryptocurrency industry. There is less than 5% people in the who know about the bitcoin. Involvement of new peoples will be a great boost for the industry. And the next thing we need is --less rumours , and less scamers to build the trust .

I agree all we need is people who use cryptocurrency to make it grow, and of course all the scamers are need to gone Grin, some of the scammers are the reason why some people don't believe in bitcoin, in my country everytime i share about cryptocurrency or about bitcoin some people do not believe in me, maybe because they are one of the victim of the scammer . Sad
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September 21, 2017, 01:43:34 AM
 #50

Acceptance is what is needed for bitcoin to truly grow and be able to become mainstream. This can only be caused if the world gets exposed even more to bitcoin, over the news or via the mouth.

After people know what bitcoin is, the next step would be to get the government involved, laws to be put in place and then merchants will begin accepting bitcoin as a payment option.

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September 21, 2017, 02:56:45 AM
 #51

Education. If more people learn about how to buy and use safely and securely, and are somehow convinced to buy then them changing their FIAT into bitcoins has massive positive effects.

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February 13, 2018, 10:10:19 AM
 #52

I guess all it needs is just time. More and more people will learn about it and hopefully understand it. Bitcoin is not very easy to understand. I tried to explain to my parents what a private and public key and that they secure everything What Bitcoin and cryptocurrency needs is honest people and devs that have as their top interest the development and steady growth of the technology.
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February 13, 2018, 04:39:20 PM
 #53

we just need some time to get a stable market, high and effective security to make exchanges hackproof and some common sense in people to avoid scam and Ponzi schemes.
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February 13, 2018, 04:43:53 PM
 #54

cryptocurrency industry needs time. after a while governments will give up and stop trying to forbid crypto markets. They will accept that blockchain based currencies as an alternative to modern banking system sooner or later.
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February 13, 2018, 04:48:18 PM
Merited by Jarixx (1), Miderian (1)
 #55

We need to be more protected on exchanges. Bank insurances are not strange to us and we need some regulation like that.
Hacking exchanges and stealing so many millions in crypto must be low as possible. Exchanges are not taking serious steps to make it safe.
Even if exchanges take serious measures to protect our investment with cold storage or what not, why should I believe them. I want to be secure.
I guess everybody will pay for the insurance, but it is a must.

Some steps in this direction will be maid I'm sure.

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February 13, 2018, 07:43:19 PM
 #56

We need to be more protected on exchanges. Bank insurances are not strange to us and we need some regulation like that.
Hacking exchanges and stealing so many millions in crypto must be low as possible. Exchanges are not taking serious steps to make it safe.
Even if exchanges take serious measures to protect our investment with cold storage or what not, why should I believe them. I want to be secure.
I guess everybody will pay for the insurance, but it is a must.

Some steps in this direction will be maid I'm sure.


Yes, we need to be protected. It's a constant fear that exchanges are not safe.
One's insurance steps in we will be safer than ever.

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February 13, 2018, 08:03:53 PM
 #57

There are many things which come to my mind:

1. A cryptocoin viable for daily spending. So something with low fees (eventually no fee at all!), fast confirmation time and wide acceptance.
2. A cryptocoin which is fully anonymous.
3. A decentralized exchange which works even for fiat deposit and withdrawals, with no limits, no verification and with complete privacy
4. A way to use cryptocoins offline, in the zones where there's no Internet.
5. Projects in any field. Right now there are lots of project about trading, exchanges, etc. but less in many important fields like agriculture, livestock, hosting providers, etc. Even porn industry, which is usually very ahead of time, has very few project based on the blockchain technology and very few adult websites which accept cryptocoins.
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February 13, 2018, 08:08:38 PM
 #58

So I was in my car earlier, daydreaming as normal
You are lucky to be alive, I hope you wasn't driving Grin

I think that dreaming about how we want to be cryptoland is a good thing
this wolrd lacks of imagination and creativity and cryptocurrencies in acertain way try to shift economy from a centralized monopoly to an abundant and decentralized system in which people participate together sharing welfare and carry the world of fiat money to a big upload.

I imagine people more indipendent and responsable of their money
I imagine people working a lot on their own conflicts and frustrations resolving problems instead of complaining about them
I imagine veterans helping newbies to set up their own bank
I imagine people empowering and sharing their knowledge for free
I imagine...

These are the cores that crypto industry needs, a part, of course, good devs that do not participate in stupid copy and paste coin creations...

we are far from the optimum but I am still confident we will suceed!
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February 13, 2018, 08:17:40 PM
 #59

At first, the main idea of bitcoin was technology that will make people free from regulations and taxes of States. Will remove corruption and make our lives more authorized. But it takes time.
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February 13, 2018, 08:20:47 PM
 #60

Some kind of  community regulations on ICOS and shitcoins .Exchanges should  not allow shitcoins are dogey ICO are there platforms

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