Any ideas of what we lack in crypto world?

[senin]

In cryptocurrency, in my opinion, the possibility of a constant exchange of absolutely all types of cryptocurrencies is not enough. First of all, it is necessary to create a mechanism that obliges the teams of existing projects after the ICO to buy back their tokens at some minimum price. This is an abnormal situation when ICO teams collect millions of dollars, invest them in their business, but do not care about their tokens and do not put them on the exchange.

[ongkok87]

In cryptocurrency, in my opinion, the possibility of a constant exchange of absolutely all types of cryptocurrencies is not enough. First of all, it is necessary to create a mechanism that obliges the teams of existing projects after the ICO to buy back their tokens at some minimum price. This is an abnormal situation when ICO teams collect millions of dollars, invest them in their business, but do not care about their tokens and do not put them on the exchange.

In my repurchase system this is not very good. what needs to be improved is that the current system must be changed and also the rules that require the legality of each project and also the transparency of each fund. so everyone knows clearly the financial statements of each project. the possibility that if it could be clearer everyone would be easier to understand or invest in research

[Jorge158]

It is very obvious that cryptocurrency lack the full support of most governments. Others even remain neutral about it and this has been the biggest challenge to cryptocurrency as it hinders the adoption people prefer to listen to the government irrespective. However, as cryptocurrency grows gradually, it is likely that most governments will eventually accept crypto.

[cutesgirl]

Bitcoin not be control by any one and any country, many country want to banned bitcoin because they want to stop how bitcoin popular with higher price and become bitcoin legal transaction if could control how bitcoin price. Bitcoin only manage by investor when holding price is higher and when selling price of bitcoin become down, many country try to manage bitcoin with power control to make bitcoin have higher price.

[nasipadang]

What do we need for normal living in a blockchain world? The first in my view is the correct education about understanding cryptocurrency and blockchain technology, there are still many who do not know and there are still many who do not understand the concept of blockchain technology. In my opinion in a world there must be regulations, but in blockchain technology regulations are considered to have a negative impact on the performance of the digital currency, there are also those who agree to regulations so that mass adoption increases. Here I am also confused because blockchain technology is global, so if we do something for blockchain technology developers there will be a bad and good impact on the user's eyes.

[LUCKMCFLY]

What is needed is the worldwide adoption of Bitcoin, many events are happening that are making the big ones wake up, including some countries, recognized company projects, Spain "The House of Coin" partnered with PwC to evolve the processes to save their data and identification, some stores sell fractions of Bitcoin for FIAT money, everything goes to a path that leads to Bitcoin.

Even some nations fear the launching of stablecoins because they can put their local economy at risk, I believe that global adoption is what is needed for the market to grow where it should always be, and when I get there I think the market will take a turn, it will have the same phases of accumulation and distribution, but its phases of accumulation will be higher, since demand will be high and supply will be low, the trend that many experts see but do not recognize is that.

[blckhawk]

What we need is regulation, not for the price, but for exchanges, projects, ICOs and such. We lack guidelines for these projects and that leads to scams, thefts, etc. That is the only thing I can think of that we lack. If we're able to do this, then trust from the general public would be gained, next are the investors, and all will follow. If we can't avoid scams, we must somehow do something to prevent or penalize them.

[Murat]

It's very important for us to know the lack of the cryptocurrency platform, I think there are various types of lacks within this system, firstly, The most people around the world don't have sufficient technical knowledge, so they are going behind of this platform, without proper knowledge no one can shine in this system, Secondly, required transaction time is high, we can convert it as a general currency at least one hour later, but for me, The significant reason is the lack of regulation, It's impossible to protect any negative incidents without proper regulation that is fully absence in this platform. Finally, adoption is one of the great barriers to this platform, until we can't solve it, we can't use it properly.

[doomistake]

What we need is regulation, not for the price, but for exchanges, projects, ICOs and such. We lack guidelines for these projects and that leads to scams, thefts, etc. That is the only thing I can think of that we lack. If we're able to do this, then trust from the general public would be gained, next are the investors, and all will follow. If we can't avoid scams, we must somehow do something to prevent or penalize them.

Cryptocurrency don't need regulations or anything selfishly suggested by us, it is the majority that lacks something, and that is discipline, if only we all have proper discipline, no one would take the advantage of being anonymous in cryptocurrency to scam people by what you have mentioned, everything is going to be alright with honesty, and proper disciplinary actions to ourselves (though it is impossible) people nowadays are selfihs and only care for themselves.

[meliodas]

What we need is regulation, not for the price, but for exchanges, projects, ICOs and such. We lack guidelines for these projects and that leads to scams, thefts, etc. That is the only thing I can think of that we lack. If we're able to do this, then trust from the general public would be gained, next are the investors, and all will follow. If we can't avoid scams, we must somehow do something to prevent or penalize them.

Cryptocurrency don't need regulations or anything selfishly suggested by us, it is the majority that lacks something, and that is discipline, if only we all have proper discipline, no one would take the advantage of being anonymous in cryptocurrency to scam people by what you have mentioned, everything is going to be alright with honesty, and proper disciplinary actions to ourselves (though it is impossible) people nowadays are selfihs and only care for themselves.

You can't control on how other people think. Even though you will promote and spread the word honesty to any platform that you know, it is still not enough to lessen or to even make sure that there will be no scams that is going to happen with cryptocurrency. Regulation is a huge help for cryptocurrency because it will give a chance to cryptocurrency to potentially lessen or put a limit on how should people act in terms of using cryptocurrency.

[jamesndungu1]

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 crypto market has exhausted its popular methods of making money, which has resulted in less or even no new ways to stimulate a person’s interest in digital currencies. Additionally, there is lack of risk diversification in the crypto market because everything follows bitcoin trend, generally which could make enthusiasts lose interest in the market because they are afraid to lose their assets and investments. There is also the issue of volatility, which is heavily plaguing the crypto market and which could potentially result in people losing a lot of their digital assets and investments.

[Edraket31]

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 crypto market has exhausted its popular methods of making money, which has resulted in less or even no new ways to stimulate a person’s interest in digital currencies. Additionally, there is lack of risk diversification in the crypto market because everything follows bitcoin trend, generally which could make enthusiasts lose interest in the market because they are afraid to lose their assets and investments. There is also the issue of volatility, which is heavily plaguing the crypto market and which could potentially result in people losing a lot of their digital assets and investments.

In addition to that, due to lack of education too, most people don't believe in crypto as they don't believe that this can be change the currency , they think that this is a big scam. Unless we introduce this to people and letting them know the benefit , I think that would help their perception.

[jrrsparkles]

What we need is regulation, not for the price, but for exchanges, projects, ICOs and such. We lack guidelines for these projects and that leads to scams, thefts, etc. That is the only thing I can think of that we lack. If we're able to do this, then trust from the general public would be gained, next are the investors, and all will follow. If we can't avoid scams, we must somehow do something to prevent or penalize them.

When we are in need of decentralization then regulation is against it,and regulation is just going to increase the tax and expose privacy of a decentralized payment method.Already most of the crypto services were regulated that is why we are in need of KYC approval for bigger limits.Investors need to avoid scams projects,don't give it to someone's hand.

[vintages]

Bitcoin not be control by any one and any country, many country want to banned bitcoin because they want to stop how bitcoin popular with higher price and become bitcoin legal transaction if could control how bitcoin price. Bitcoin only manage by investor when holding price is higher and when selling price of bitcoin become down, many country try to manage bitcoin with power control to make bitcoin have higher price.

I doubt if this will not happen. With the way Bitcoin is spreading, I don't think the government will ever let it be independent. They will always want to be a part taker, that is if we don't want Bitcoin to be completely banned worldwide by various governments. Only regulations from state government of different countries will make it be with us.

[huige007]

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 crypto market has exhausted its popular methods of making money, which has resulted in less or even no new ways to stimulate a person’s interest in digital currencies. Additionally, there is lack of risk diversification in the crypto market because everything follows bitcoin trend, generally which could make enthusiasts lose interest in the market because they are afraid to lose their assets and investments. There is also the issue of volatility, which is heavily plaguing the crypto market and which could potentially result in people losing a lot of their digital assets and investments.

In addition to that, due to lack of education too, most people don't believe in crypto as they don't believe that this can be change the currency , they think that this is a big scam. Unless we introduce this to people and letting them know the benefit , I think that would help their perception.

If we talk about scams then I think it is not the main issue. The biggest problem is most of the common people are still unaware of digital currencies. I don't know how come this is the case because biggest social platforms like twitter, Facebook etc have million of users and these platforms have been talking about digital coins for long now. Crypto coins will gain more fame if media starts talking about it more. Anyway, bitcoin is far famous than before and the day is nearby when we will be dealing with crypto coins only.

[asus09]

Lack of crypto with lower price only, when you buy coin with higher price and suddenly down you have take faster cut lost without waiting or holding for long term, you can lost all if you not cut lost because is lack of cryptocurrency, they only give profit when price up and lost your money when price down, keep take moment to know when bitcoin or altcoin down by reading forum discussion and check many channel news.

[reality18]

Despite the numerous achievement of cryptocurrency, it still lacks certain factors and this hinders its swift progress to mass adoption. One of the main factors crypto lack is regulation. In the absence of regulation, many bad actors have chosen to tarnish the image of crypto by coming up with scam ideas or project.

[Colt81]

Despite the numerous achievement of cryptocurrency, it still lacks certain factors and this hinders its swift progress to mass adoption. One of the main factors crypto lack is regulation. In the absence of regulation, many bad actors have chosen to tarnish the image of crypto by coming up with scam ideas or project.

Believe me nobody desires regulations. One of the reason other than its profit producing feature is the anonymity that it provides to owners. Why would anyone want regulations? The freedom of control over one’s asset is the best thing that can happen to common people. As far as scam goes, there are many examples where people succeed snatching fiat and paper money. Scamming has more to do with human greed.

Indeed. We don't lack anything in cryptocurrency because we don't need to be regulated by the government or anything else. It is much better in cryptocurrency if we have freedom in everything. People who uses crypto only just wanted to accept cryptocurrency as a payment, but not to be regulated. It's true that cryptocurrency has a lot of illegal activities that are happening like scams which we cannot do anything about it, even cryptocurrency will be regulated.

[BennyK]

In cryptocurrency, in my opinion, the possibility of a constant exchange of absolutely all types of cryptocurrencies is not enough. First of all, it is necessary to create a mechanism that obliges the teams of existing projects after the ICO to buy back their tokens at some minimum price. This is an abnormal situation when ICO teams collect millions of dollars, invest them in their business, but do not care about their tokens and do not put them on the exchange.

Buying back is a good idea in order to help the coin maintain a minimum price mark. This helps both investors, holders and traders to decide at what price to play around with the token in order to always maintain the value of the coin. Also, the exchanges can set a mechanism which will not allow traders to set a price which is beyond a particular low price.

[Aying]

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In addition to that, due to lack of education too, most people don't believe in crypto as they don't believe that this can be change the currency , they think that this is a big scam. Unless we introduce this to people and letting them know the benefit , I think that would help their perception.

For now people outside crypto world don't want to believe it because government didn't support crypto. and in addition too, that people don't want to believe it because of other country banning crypto and bitcoin. negativity is still spreading because of governments desires. but its still amaze me that there are projects who really spread crypto's uses and how they benefit it. but there are still lack of products and services that support crypto to use by people.