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Author Topic: Crypto in infancy  (Read 2713 times)
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February 12, 2018, 04:59:06 AM
 #21

so there are long-prepared materials for the study of this field of cryptocurrency, they really are not free. And as an option, you can publish books, make content in YouTube or TV
yes, I agree with you that there are several ways you can do to convey a way to give a tutorial that may be very helpful for people who have not understood more about the crypto world and like some of the ways you mentioned I think it will very effective.

 
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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February 12, 2018, 05:10:24 AM
 #22



There are fun ways to make people learn more about crypto investments, if the reality- Clash game are released, it may cause a wide spread of information about BTC and crypto as a whole when people are usually are just on the internet to play games. Crypto is over 5 years already and there were already senate hearings about it so this is good.

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February 12, 2018, 05:11:26 AM
 #23

The top ten wallets in BTC owns 5% of it Source. While not sure if there is one person owning more than wallet, it is clear that there is some spectacular wealth, and if BTC does go to 100 000, the worlds richest list is about to change, but for now, it is still a long journey.
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February 12, 2018, 05:32:20 AM
 #24

Very true. We need education and awareness about the technology. People are so ignorant that even educated people think its a ponzi scheme and will fall down soon. They dont realize that the blockchain is a future.

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February 12, 2018, 05:50:35 AM
 #25

Thank you everyone for all your input. Gratifyingly, one thing undeniably concurrent here is the need for better awareness and an education in a field that we are probably the ones steering or riding into the future, the ones with the first step in, the ones who should justify that position, that responsibility, in order to avoid the messes, in order to steer in the right direction, in order to aver the positives, the need, the exciting prospects, in order to have the right argument and conviction missing today.
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February 12, 2018, 05:54:40 AM
 #26

Yes currently a lot of awareness required to adopt bitcoin or cryptocurrency in general in its true essence. So far most people try to buy btc or altcoins to make some quick profit.

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February 12, 2018, 06:04:40 AM
 #27

All the crypto world needs is an education to create better awareness and investments. What do you think are ways to go about it, apart from various conferences and meets.
Most of the corrupt governments do not want crypto to grow even having awareness about crypto. There are too many cryptos now a days  and inevestors are lossing trust now. There should be regulation along with education and awareness.
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February 12, 2018, 06:09:40 AM
 #28

I agree with this because now alot of people miss understood about crypto .The biggest influencer currently is government .But that is just the beginning of the possibility's of the blockchain. When we are a couple of years down the line we will see the real possibility of this technology.
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February 12, 2018, 06:31:42 AM
 #29

I agree with this because now alot of people miss understood about crypto .The biggest influencer currently is government .But that is just the beginning of the possibility's of the blockchain. When we are a couple of years down the line we will see the real possibility of this technology.

I  agree that majority of the people are not very aware of cryptocurrency and how are we going to deal with awareness to the majority of the people who are interested to learn and understand about it. The government in a certain country that accepts cryptocurrenices should coordinate with the coin developers to conduct basic orientation seminars so as to deseminate basic informations such as transactions that are commonly used in the crypto market trading and selling. With this, more and more people might get involved thus creating a better future for the cryptocurrency market economy.
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February 12, 2018, 06:35:32 AM
 #30

All the crypto world needs is an education to create better awareness and investments. What do you think are ways to go about it, apart from various conferences and meets.
in my opinion, many ways that can be done. reproduce a conference or a meeting is one of them.
and my advice, multiply the cooperation with various related agencies. because then, I think a lot of people will be interested and believe in the project. so the community will get bigger.

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February 12, 2018, 06:55:22 AM
 #31

Self-study is the only option.
Conferences are all paid and there will not say anything new from what has already been written and said on the Internet.
The main thing to set a goal and study, I studied for more than a year before I took my first loan and invested it, and I was able to get a good plus and close it.
But for such steps, one must read a lot.
And in our modern age there are already a lot of video manuals, so only laziness and waste of time for all sorts of nonsense takes away this chance)

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February 12, 2018, 07:04:33 AM
 #32

Well said, people needs proper orientation about cryptocurrency because many people in crypto today are after over night profit without understand the rudiments of crypto itself. Its a good idea to sensitize people about cryptocurrency.

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February 12, 2018, 07:14:41 AM
 #33

I agree with this one. Until now, there are lots of people around the world who aren't aware of cryptocurrency. However, there are others who just believe in the bad news coming from media, press releases, newspapers and so on about Bitcoin and other cryptocurrencies, which leads them to assume that everything there are scams.

They just lack education and being misinformed about Bitcoin and other altcoins. In life, there's a good side and a bad side. Just like in cryptocurrencies, there's good and bad as well, not that we assume all cryptocurrencies are bad.

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February 12, 2018, 07:29:00 AM
 #34

Interesting thoughts. IMO too many people buying in with the wrong mindset, and are just hoping to make a quick profit -- but have absolutely no idea what the technology is about.

IMO, at the moment, these easily manipulated and inexperienced day-traders and speculators/gamblers who puts in more than they can afford to lose, while panicking way too easily due to FUD or easily scammed, are one of the major reason behind the current extreme volatility (coupled with the fact that the crypto market is currently still pretty young, and the MCAP is still relatively low than what it potentially could be in a few years time) -- and this is not good for the image of cryptos overall + impeding good cryptos from becoming adopted more widely in real-word use.

Perhaps the higher tax in the US on crypto trading + regulations is a good thing. Slows things down so that the price will match more closely to the actual development and adaptation of coins, rather than due to hype + reduces the amount of pump-and-dump scams by unethical whales trying to take advantage of inexperienced newcomers for their own profit to fill their already full pockets.

Everyone is focused on getting rich quick. Still not fan of any regulation. It's Darwinism at its finest right now!!


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February 12, 2018, 10:34:38 AM
 #35

so there are long-prepared materials for the study of this field of cryptocurrency, they really are not free. And as an option, you can publish books, make content in YouTube or TV
I also saw a lot of books on trading and cryptocurrencies, now they are written very much because of the fact that this topic is popular
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February 12, 2018, 10:49:19 AM
 #36

Yes you are very right my friend. And we need some regulations even the crypto world is for decentralization or unless the banks and governments will not stop until cryptocurrency dies. Well that is my honest opinion i will settle to anything just our crypto currency stays for a very long time and if not possible for ever but i hope crypto is here to stay.
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February 12, 2018, 11:00:56 AM
 #37

I think a lot has to do with the public perception of cryptos. A lot of people still think they're only used for drugs and pornography. We need to change that repuation and get more people involved.
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February 12, 2018, 11:02:35 AM
 #38

All the crypto world needs is an education to create better awareness and investments. What do you think are ways to go about it, apart from various conferences and meets.
I think it would be very cool if some people made free online courses on cryptocurrencies on platforms like edx. This would encourage more people to get to know them. Conferences are basically for people who already know quite a lot about them. What is also important is that humanity still has to decide the main role of cryptocurrencies. They were supposed to be means of payment, but (a) people don't need to many coins for such purpose and (b) most of people consider them only as investment opportunities and all they do with them is trading.

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February 12, 2018, 11:03:42 AM
 #39

All the crypto world needs is an education to create better awareness and investments. What do you think are ways to go about it, apart from various conferences and meets.

If a person is not smart enough, then no seminars will teach him. It is enough to be able to analyze information well. Which, as was said above, and so much is enough. But if you think that self-education is not for you, then the only way out is to find someone who will teach you.
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February 12, 2018, 11:10:04 AM
 #40

Yes, I accept these words. Comparatively other markets and exchanges crypto is new. But slowly it will grow, even though people need more awareness on this market.
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