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Author Topic: Any ideas of what we lack in crypto world?  (Read 550 times)
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July 18, 2018, 03:33:25 PM
 #141

the most important thing we lack in the crypto world is genuine guidance for newbies in the crypto world they are one strong foundation in future market
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July 19, 2018, 07:50:16 AM
 #142

I think what we lack is regulation. A system to protect the investors and the crypto currency we are also investing on. I also thibg we beed more security when it comes to investing our hard esrned money into crypto currency to deter money launderers and give crypto currency a bad rep. Lastly is an everylasting want for more security.

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July 19, 2018, 08:29:14 AM
 #143

I think the most obvious and important thing that we are lacking is an education and patience of the community. Many things which are bad here are just caused because of the community,

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July 19, 2018, 08:37:39 AM
 #144

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?
We are lack of awareness and education since most of the communitu member dont even know whats blockchain is all about,and what can benefits this to us,instead all they know is we can gain money here and it can be done overnight.this is the most important thing that must be addressed here in cryptocurrency


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July 19, 2018, 09:41:32 AM
 #145

What we lack in the cryptocurrency is the public information that allows traders and investors and most especially the interested people to know about it and how to earn or trade from it. There should be proper advertisement to let those people know more about the cryptocurrency. It must conduct seminars that will educate us moreover.

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July 24, 2018, 01:46:47 PM
 #146

I think for me, there are people who are lack of perseverance. And some other people who uses bitcoin or any other cryptocurrencies, they are lack of motivation and being industrious. Many people also who uses bitcoin are lack of confidence to use cryptocurrencies like bitcoin because they are afraid to be scammed or afraid to be hacked. Many people dont trust cryptocurrencies and I do believe that. Some other people are lack of patience to wait before they get their income.

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July 24, 2018, 06:47:22 PM
 #147

There are many problems in the cryptocurrencies market which are preventing this market to grow and develop fully. There are many problems like the price manipulation, illegal activities of cybercriminals, transactions delays, Pump and dump ICO schemes and huge price fluctuation. I thing all of these problems can be solved by proper regulation of the crypto market which we are lacking now

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July 24, 2018, 08:23:27 PM
 #148

We lack avenues to spend cryptocurrency without converting to fiat money.This is one of the major reasons why we have high volatility of tokens in the market.When people want to spend on goods and services that do not accept cryptocurrency, they have to liquidate that sometimes leads to dumping when so many people are liquidating.

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July 25, 2018, 10:08:02 AM
 #149

Easy of integration with banks? I mean if I can connect my bitcoin or any other coin to my bank account (you can get an agreement with a bank thats global like HSBC which has banks in all over the globe and not just a local bank) that means I can spend my coins anywhere I want. I can just spend my money as btc or fiat and the person I am buying stuff from can get it anyway they want. Making people accept that as a new coin is really hard but if banks get in between than we can make it easier.

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July 25, 2018, 10:21:30 AM
 #150

Lack of confidence and idea. The reason behind more traders are getting scared on the current status of market fluctuations or downward movement of bitcoin and/or other altcoins is because we don't have enough confidence and knowledge on our selected coin. We easily get affected when we see dips or prices falling which is not right as a trader.
I agree with you i would also add stability, it is greatly needed cause crypto currencies fluctuate all the time there is no guessing what will happen next
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July 25, 2018, 01:52:00 PM
 #151

In learning of crypto, there are still many people don't have enough knowledge and idea about it. Where most people got scam because of don't

have any knowledge. But try to check out the top coins in cryptocurrencies in the coinmarketcap then you should know the basic things about in

altcoins that are potential one.

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July 25, 2018, 01:59:25 PM
 #152

I think amishmanish nailed most the issues exceptionally well. In any event I totally concur with what he said. I will simply feature one major general issue as I would see it. We need information and genuine comprehension about crypto, in both innovative and ideological viewpoints. The market is totally managed by theory at this moment, and that gives it the bullish conduct everybody discusses, and creates insurance on the planet.

In the event that individuals don't feel anchor about it, it will just draw in financial specialists that need some quick benefit and wouldn't fret going for broke. That is obviously a low level of individuals around the globe, and we will never get genuine selection if crypto doesn't engage those that detest going out on a limb with their economies. At last absence of learning is obviously effortlessly abused by tricksters around the globe.

We have obviously a considerable measure of specialized issues, yet those were at that point said by amishmanish, however I don't think these eventual issues, on the grounds that if speculators knew about what is occurring with bitcoin and crypto, they would essentially be quiet since they would know advancement is en route, that could undoubtedly take care of each one of those issues. So for me, absence of information is the principle issue in crytpo world.
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July 27, 2018, 03:43:16 PM
 #153

 I think that the main thing we lack in the crypto world is that of doing that is stable in value to be used as a unit against all other coins, the bitcoin which is used for all the cryptocurrencies also has a high volatility rate which is a problem when investments in a short-term trading are considered
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August 04, 2018, 08:18:38 AM
 #154

I agree with you i would also add stability, it is greatly needed cause crypto currencies fluctuate all the time there is no guessing what will happen next
If you want to guess every second what is happening to the market price then you are living a fool's dream.

Crypto prices are very volatile and you cant handle it then you have to leave it. It almost a running theme now that bitcoin or crypto is a scam because its trading has high risk involved. This is not justified because market movements depend on how people are doing their trades and not what price it is at currently. You cant blame a bunch of panic sellars to be the reason an asset to be a scam.

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August 04, 2018, 09:32:31 AM
 #155

I agree with you i would also add stability, it is greatly needed cause crypto currencies fluctuate all the time there is no guessing what will happen next
If you want to guess every second what is happening to the market price then you are living a fool's dream.
This is right you may not guess the market price movement, the highly volatile cryptocurrency that makes fluctuated every now and then.

Bitcoin is the main coin of all cryptocurrencies but this is a very high volatile coin which is not good for investment in short-term only. The lack of those investors in crypto's is afraid to invest more because of many issues on bitcoin that it is a scam. Make market worst when small hodlers are panic sellers that make a big laugh on whales in the crypto.

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August 06, 2018, 08:34:50 AM
 #156

This is right you may not guess the market price movement, the highly volatile cryptocurrency that makes fluctuated every now and then.
Your words make no sense at all. Fluctuations in the market price is due to buy and sell pressure which go on everyday.

Quote
Bitcoin is the main coin of all cryptocurrencies but this is a very high volatile coin which is not good for investment in short-term only.
Its not that volatile as you speak. Prices currently dropped after some stagnant run around 8k to 7.5k USD mark. Like in short term those who sold at 8k can buy at 7k and thus they are have more coins at hand for the next bull run.

Quote
The lack of those investors in crypto's is afraid to invest more because of many issues on bitcoin that it is a scam. Make market worst when small hodlers are panic sellers that make a big laugh on whales in the crypto.
If they think bitcoin is a scam then they are investors at all. Those who are real investors are going to do proper research before they invest. What you speak of are people who jump from one sector to another not finding solace in any one.

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Ranly123
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August 06, 2018, 08:42:32 AM
 #157

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 am not an expert in cryptocurrency but I understand why some countries try to ban or regulate cryptocurrency. Maybe that is because they don't want their citizens to get involved in a high risk and a volatile investment.

hector3115
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August 06, 2018, 09:12:04 PM
 #158

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 have a global exchange platform where I will be able to exchange any cryptocurrency to USD/EUR/etc. In my opinion that would be so comfortable and much better than it is right now with all those kyc procedures and the stuff on different exchanges.


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IriskaLate
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SOOM 4th Blockchain's innovative


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August 06, 2018, 09:35:12 PM
 #159

More services are needed to use crypto-currency when it will be a day-to-day business: going to the store, buying various goods online, offline, utilities, salary. I'm currently working with this project EAGLEX  .And of course need the support of a large community  Wink

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NeMa94
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August 06, 2018, 09:43:59 PM
 #160

 The main problem is that people still see this only as a "quick way" to cash in some money, which is a completely misinterpreted purpose of cryptocurrencies. Still, until the market stabilizes, we will see all sorts of shitcoins, scams, and other types of frauds for which the whole community, which is huge and honest, will be marked as bad. We need to work on our image first. This could be done by moving the standards on exchanges, checking the products that advertise as "we made a completely new thing" and so on. Regulations from states are only confused moves made by confused people. Its not their or our fault. We need to work together to make this right, otherwise, we will be stuck in this "get rich fast" parody.
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