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Author Topic: Any ideas of what we lack in crypto world?  (Read 572 times)
pat4cryptoreal
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May 18, 2018, 09:58:39 AM
 #121

Cryptoworld is an interesting platform that have given many financial freedom but the major problem I am observing is the issue of trust. We do not trust ourselves in the cryptoworld.

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May 18, 2018, 10:04:01 AM
 #122

I found that Crypto was perfect for what I wanted. I see that governments are wanting Crypto to be transparent about the identity of the Altcoin owner since anonymity makes the government concerned about criminals using them for illegal purposes.

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May 18, 2018, 10:21:25 AM
 #123

I found that Crypto was perfect for what I wanted. I see that governments are wanting Crypto to be transparent about the identity of the Altcoin owner since anonymity makes the government concerned about criminals using them for illegal purposes.


crypto isnt perfect , even regular currencies like fiats money are also not perfect because as what the saying says "nobodys perfect"  but of course exept the almighty god.


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I see that governments are wanting Crypto to be transparent about the identity of the Altcoin owner since anonymity makes the government concerned about criminals using them for illegal purposes.

who tell you that? Did the president tell you that they dont want crypto to be anonymous? I dont think really think so because as what i see majority of the country were still accepting and legalizing bitcoin despite of its anonimity . Infact being anonymous is also a big advantage because we people do always want privacy on what ever we do .

In my own opinion i think crypto lacks of features , like for example it doesnt work without an internet . if devs can only produce an offline type of crypto that is not dependent on internet , that could be awesome and that can possibly  enable crypto to become a semi perfect currency.
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May 18, 2018, 11:18:04 AM
 #124

I think we lack secure and easy-to-use newbie-friendly wallets.

We lack good exchanges in many fiat pairs in developing countries as well.

I think those "boring" projects, infrastructure, are the ones we lack the most.

We already have many 3d, virtual reality, man on mars with blockchain projects..


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May 18, 2018, 12:22:37 PM
 #125

Security, security, and again - security. We need a better security ASAP, all other technical obstacles will be solved in time.
I would not say we lack security really since security of assets is actually in everyone's hands. There are so many ways people can stay secured in this environment, only if they really want to learn to stay secure. While it is important that people should use very strong passwords, make use of added securities on any platform they are making use of such as 2FA, SMS log in or Email log in, be weary of phishing website, but the fact is that only very few people follow this rules and you leave your account vulnerable if you do not take them into consideration.
I certainly agree! Security is a priority and bitcoin is highly-secured. I think it has to start with us, it depends how we stay connected in preventing ourselves from any danger. Moreover, I see scalability as the factor we lack, considering that there is a limit of its rate and number of transactions it can process that cause to hamper it from mass adoption.
Basically, Bitcoin can not hack by anyone, because its system is decentralized system and its security is guaranteed by all Bitcoin users on the world. Nobody has enough power, capacity to attack a huge system like Bitcoin. But, if the hackers want to rob money from a user, it is easily more than attack the Bitcoin system too much. That is the reason we have many methods to secure the device storing cryptocurrency.

It is simply too easy for a scammer to take someone money without any repercussions. Hence a harsher regulation is needed and some protective code. Yes, the users are usually to blame, but in some cases, the phishing sites cannot be distinguished from the real ones. Even the green locket (cryptography security icon) in the address bar doesn't mean anything anymore.

It's only because of this that I very rarely trade...

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May 18, 2018, 03:49:51 PM
 #126

Crypto are becoming old and getting known worldwide but only few people are just getting interest on this cause of it's high risk and there is no support from all countries. It means that, if the government will lay their hand to support crypto, it surely people have gain courage to step inside and also establishment will start accepting cryptocurrencies. But it is not realize by the government also due to conflict of interest between their sides and crypto itself.
But why any government will support bitcoin? It is true that if we got such a support the adoption of cryptocurrencies will be a lot faster but governments have an incentive to not support cryptocurrencies, you must understand that cryptocurrencies are competition to the monopoly that the state has over printing currencies, that is a monopoly that they gained by forbidding back in the day that private businesses coined their own form of money from gold, and they were very successful because gold is very easy to control, but now that bitcoin has emerged and its impossible to control it or to destroy it, they are afraid that they're going to lose their monopoly.
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May 18, 2018, 04:06:51 PM
 #127

I think we lack price control because bitcoin's price is very unstable sometimes it is green and there are times that it is red so the articles about bitcoin tend to highlight the riskiness of investing in bitcoin which makes investor scarier and lowers down the popularity of bitcoin.

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May 22, 2018, 09:38:19 AM
 #128

We lack of knowledge, the price, and security. If we lack of knowledge we lack ideas about crypto our earning is not that big because we do not know how to manage the crypto, lack of price cause we do not know how to play with the price and we do not know how to handle it and until now the price is still unstable, about the security we have to add our knowledge on we can secure our cryptos and until now it is still hackable by the hackers out there.
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May 23, 2018, 05:29:19 AM
 #129

We see that all the time in some countries cryptocurrencies are banned or in the contrary they start to make a special regulation. It shows that everyone want to do something with it but don't really know what, yet. Maybe you guys can guess, as experts from the crypto community, what do we need for normal living in a blockchain world?
I would like to see the crypto currency free from the price dependence on bitcoin. Now practically we are all looking at the price of bitcoin. From him depends the course of almost all the crypto currency. That is, the free market of crypto-currencies, where everyone would grow and develop it, would have an individual price, we do not yet have it. Success in the development of a single coin or token is offset by the bitcoin rate. This is very bad and is a big common problem of crypto currency.

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May 23, 2018, 07:10:34 AM
 #130

i think the infrastructure are lack in the crypto because there are many under development country that can't provide the need of the bitcoin to full support it
Infrastructure is based on the governance of each country and how ready the government is in providing that for its citizens. Although, I understand that could limit the level of adoption since there would be some who may not even be aware of the whole thing going on in the digital age, let alone, know how to take full control of their finances in the crypto world.

Things like this will take time though and for one thing I believe it cannot be that bad that most of these underdeveloped countries won't even have access to the internet at all, except that they may not have it the way developed countries may have it.

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May 29, 2018, 06:06:35 PM
 #131

Lack of knowledge is the main reason we have only a few peoples in the crypto world. People fail to understand the true potential of crypto currencies that's why they fail to believe.This one of the reasons people don't like cryptocurrency related things. We have to teach people what is crypto currency, its benefit, its true potential. They are not going to know about crypto currency in their dreams we are the one who has to make the change.
Exactly true lack of knowledge is the main reason because im one of it,im joining this kind of matters but still i dont have yet enough knowledge and skills to go through,so i tried and tried to catch up more things and ideas here.
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May 29, 2018, 08:53:33 PM
 #132

In general, I want all coins and tokens to cease to be dependent on bitcoins in the price plan. I want the crypto-currency market to be a market, not a bitcoin, where he specifies when and which coin or token to grow in price, and when to fall. Now bitcoin has already fallen half as much and almost does not increase in price. Because of it, all the rest of the crypto currency can not be raised. This is a perversion, it can not be called a market.

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June 05, 2018, 08:04:43 AM
 #133

I think that we are significantly lacking to have enough educated and skilled players, who would share their knowledge with us.
The knowledge is everywhere and a lot of people keep sharing it every day, the problem is that people like being spoon fed and they are too lazy to do research. Sometimes, even when I get to see people ask questions on this forum, questions so silly that once you typed on Google, you will get enormous answers to, but they still just ask anyway.

If people can learn to use the internet to do research, they will get all the information they need, and the only way we may say some can have that problem is if they lack those internet facilities.


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June 07, 2018, 05:32:22 AM
 #134

Lack of knowledge is the main reason we have only a few peoples in the crypto world. People fail to understand the true potential of crypto currencies that's why they fail to believe.This one of the reasons people don't like cryptocurrency related things. We have to teach people what is crypto currency, its benefit, its true potential. They are not going to know about crypto currency in their dreams we are the one who has to make the change.


Changes and initiatives always came from us who is already a member of this community, for me as a junior member of this forum I organized a small cell encourage them and teach them about cryptocurrency we start from bounty campaign which is their initial step to know more and be familiar the different aspects of  crypto world.

That is always a pretty good way to start in order to create some awareness. The thing is that it may look like it is not having much impact, but the little impact it is having is good enough if almost crypto enthusiasts can do the same.

However, I feel so many people even currently in this space are always getting the wrong picture and idea about cryptocurrency, and it is more like it is either they are not just ready to understand the space or the level of information out there is not much, which I want to believe the former is the case.

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June 07, 2018, 05:38:43 AM
 #135

At present we need user friendly sources to make people understand the importance of technology, blockchain, cryptocurrency and its usage over the traditional system. Maybe it looks weird for them at the beginning, but if they understand it in the right manner the spreading will happen. When the adoption and usage increase automatically the growth will happen. On the other hand, when something is used by a large user group it is impossible for governments to restrict its usage. Also people should not give ears to the negative news that spread around relating to cryptocurrency.




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weblouartisan
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June 07, 2018, 05:39:05 AM
 #136

We see that all the time in some countries cryptocurrencies are banned or in the contrary they start to make a special regulation. It shows that everyone want to do something with it but don't really know what, yet. Maybe you guys can guess, as experts from the crypto community, what do we need for normal living in a blockchain world?

In my own opinion, cryptocurrency is lack of community on the different countries because there are still country where bitcoins is not legalized and because of that cryptocurrency cannot be fully used by different people all over the world.

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June 07, 2018, 05:46:46 AM
 #137

We see that all the time in some countries cryptocurrencies are banned or in the contrary they start to make a special regulation. It shows that everyone want to do something with it but don't really know what, yet. Maybe you guys can guess, as experts from the crypto community, what do we need for normal living in a blockchain world?
The governments see the anonymity in cryptocurrency transaction as a problem with the cryptocurrency industry and are looking for every means to impose ban and other regulations on cryptocurrency usability. Right now, the major challenge with cryptocurrency is with internet accessibility. You cannot use or access cryptocurrencies without an internet coverage and not all parts of the world have internet access.

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BaraxLo
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June 07, 2018, 09:57:43 AM
 #138

i think the infrastructure are lack in the crypto because there are many under development country that can't provide the need of the bitcoin to full support it
It is a fairly new system and it will take a longer period of time to have a better front end user friendly products so that everyone will be able to use it, hopefully we would see innovative products coming out in the future that would make bitcoin use simpler, that can be understood by everyone, since the entire market does not have any boundaries anyone could make use of these developments.
Apparently. In fact, with the level at which we have gotten to, few years ago; I would not have believed we could have gotten to this level at all. On a normal ground, we cannot actually get everyone to understand how the space works globally as some will be restricted to the information, some may not even want to care and it would end up being like a segregation where we end up having the crypto enthusiasts and then those who prefer the traditional way as well as those who are closed out from the digital age.
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July 15, 2018, 08:20:45 AM
 #139

The main problem is that whenever a new coin is introduced in the market these days, it is regulated by the company that has produced it so there is an illusion by the general public that the concept of bitcoin is still valid however that is not true since centralization has been introduced from the start
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July 18, 2018, 01:36:45 PM
 #140

For some time now, there has been fake or scam ICO's in the cryptocurrency market and most people complain of scam projects. It is sad to fully participate in a project and at the end, you here it is a scam. It would be  better if we get detectors for scam bounties.
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