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Author Topic: Crypto in infancy  (Read 2713 times)
sourish (OP)
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February 11, 2018, 08:43:09 AM
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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.
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sedahan13
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February 11, 2018, 08:49:05 AM
 #2

Yes that right, to make this cryptocurrency community bigger should be any education for everyone because now alot of people does not understand how does it work and many people does not know the advantages of cryptocurrency and the technology behind it.

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February 11, 2018, 08:53:26 AM
 #3

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
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February 11, 2018, 09:02:35 AM
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 #4

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.

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February 11, 2018, 09:07:10 AM
 #5

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.
The first move should be from the government,which compose majority of the officials they need to be educated so they will not the future if cryptocurrencie are fully implemented,most of these official doesnt have any idea what is cryptocurrency that is why they are opposing the use of it.

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February 11, 2018, 09:09:00 AM
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I agree with this because now alot of people miss understood about crypto , even in my village no body understand how does it work, they think cryptocurrency just fraud and ponzi scheme because promising high profit.

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February 11, 2018, 09:25:04 AM
 #7

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.

you can never educate people by force!
all the information that anybody needs in order to learn and educate themselves about cryptocurrencies is already out there easily accessible and for free. the only thing they have to do is "search for it" and spend some time reading what they found.

but unfortunately people are more interested in quick profit and getting rich over night.

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Balab01
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February 11, 2018, 10:42:49 PM
 #8

The idea of creating a kind of crypto school sounds good) I also would like to take a course of study, if something will appear so I’m in)

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February 11, 2018, 10:51:06 PM
 #9

Crypto is still very confusing for most and it will take time for that to change, firstly there needs to be a willingness from the general population to begin to learn more about cryptocurrencies. They're only going to do that when they have a reason to do so, that'll either come when they're forced to or when it's financial beneficial for them to do so.

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February 11, 2018, 10:54:26 PM
 #10

There needs to be some sorts of educative instructions for people to get attention about this new technology. The biggest influencer currently is government, so there is not really a quicker way how to solve this considering that govs are not accepting crypto by 100%.
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February 11, 2018, 10:54:52 PM
 #11

I believe  the government should make the first move...
Anyway right now most of the people are only trying to make some profit...yet we need mass adoption
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February 11, 2018, 10:55:09 PM
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Until cryptocurrencies become usable, they will remain a speculative investment.  Yeah, yeah, I know that you can technically use bitcoin, but it is exponentially easier to use cash or a credit card at this point in time.  When we start seeing real live use cases and see more adoption we can get a better idea of the market value and we will see more stability.  When this happens, you'll also see less people jumping in a make a quick buck.

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February 11, 2018, 10:55:39 PM
 #13

Yeah, the community should show more interest in learning more about crypto field and to expand the interval of knowledge .
This can be achieved by spreading information through books, social media, TV missions...etc but the auto-learning remains the most essential parameters that individuals ought to focus on
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February 11, 2018, 10:56:43 PM
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I agree , most people don't really understand what bitcoin is and they think it is just a quick way to make money. They probably have no idea about ethereum and their smartcontracts and how it works. 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 11, 2018, 11:11:09 PM
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we just need everyone to get better informed, which will require time. hopefully people will start to see the good.
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February 11, 2018, 11:12:15 PM
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no one uses Bitcoin and related technologies in full to make people use it, while those who hear about it think only about lucrative prdazhe and wealth. Therefore, before it is still under development

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February 11, 2018, 11:17:01 PM
 #17

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 completely agree with you, but it is hard to educate people about Bitcoin and crypto when the mainstream media is screaming bubble all the time.

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February 11, 2018, 11:34:08 PM
 #18

for that we have to learn more and develop ourselves first, after that just form a discussion forum among fellow users of crypto, from there will be exchange of good experience, so the profit must be obtained, and we can minimize the mistakes that we do
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February 12, 2018, 02:40:53 AM
 #19

IMHO awareness, acceptance, and money will continue to grow in crypto.  Think back (if you're old enough) to before the internet existed... Uptake was relatively slow, then accelerated exponentially once people got a better understanding of its uses and multifuctionality.  Lots of people hear crypto and still think "bitcoin" and "dark web".  They don't yet realise that crypto is now growing into all areas of industry and life in general. 

When they do, they will get onboard... and those of us already here will benefit from the influx of new money that will come in the years to follow.
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February 12, 2018, 03:39:04 AM
 #20

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 suggest to spend more time in crypto world. Spend time in forums
like this, spend time searching in new technologies. the world is an
open book via internet. I heard that other countries started to have
sessions concerning about this cryptocurrencies and it is expensive,
you can always try to enroll to some kind of sessions. step up being
an infant, start investing in knowledge, feed yourself.
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