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Author Topic: Any ideas of what we lack in crypto world?  (Read 3274 times)
Youghoor
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October 21, 2019, 07:52:05 AM
 #221

It's quite funny when questions like these come up and almost everybody have an idea of the problem yet we are all not in our individual ways helping in making the agenda of global adoption of cryptocurrencies a reality. In addition to what has been discussed here, i believe we need to really have some recognized marketplaces who are willing to accept cryptocurrencies as payments for goods.

The most important part of it all, we crypto enthusiasts willing to trade our cryptocurrencies for such services. if we don't really spend it to make the world see it how successful it's being the interest to gain knowledge about it will still be dead.
They need to see its essence then grow an interest learning about it.
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October 21, 2019, 08:01:14 AM
 #222

The crypto sector can make it easier in the payment sector because of the ease in transacting online and blockchain technology provides new offers from payment systems that are still available today and in my opinion when looking at conditions where more and more are interested then the number of users will always increase every year

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October 21, 2019, 10:22:34 AM
 #223

The lack in crypto world are knowledge some people have lack in knowledge about crypto they want easy money and easy income they don't want to wait for a long time to get profit. So knowledge is very important once you enter in the world of crypto.
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October 21, 2019, 11:32:39 AM
 #224

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 opinion there are certain limitations which need to be covered in crypto world like
1-Proper knowledge of working behind these coins or technical knowledge and level of skills
2-Higher transaction fees and limit on certain amounts
3-No support from people and governmemts
4-Greed among people which leads to scams.
But all these can be covered if we give our full support to the system and blockchain technology which will provide us a better world.
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October 21, 2019, 12:40:17 PM
 #225

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 need make community how to build crypto become very popular payment currencies, many country have try to banned bitcoin but we make community how to build bitcoin, every country have community to make bitcoin accepted with our community as payment system. By have big community I think wait time when bitcoin become legal transaction payment on the future.

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October 21, 2019, 01:36:43 PM
 #226

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 think we need to educate people about blockchain and Cryptocurrencies. No government is straightaway going to come ahead and adopt Cryptocurrencies it will be the citizens who trigger something which would lead to such adoption but for citizens to do such a thing we need to educate them about how good Cryptocurrencies are and what change can it bring in our lives. I think maybe a few seminars and social media campaign can do this thing because many people still feel bitcoin is a pyramiding get rich quick scheme.
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October 21, 2019, 02:05:24 PM
 #227

I think there are many benefits that can be obtained from cryptocurrency, in terms of technology, there are so many advantages when making a transaction or sending money, so cryptocurrency can be one of the best solutions because it can make shipping quickly and safely so that transactions become easier and more convenient.
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October 21, 2019, 02:54:25 PM
 #228

in my opinion the weakness of the crypto world is the number of fraudsters and hackers. in my opinion this is the biggest problem in cryptocurrency. and negative news such as crypto is used for money laundering, illegal trade. it all makes people afraid to invest in crypto. and this happens because of lack of knowledge about cryptocurrency. therefore we as a cryptocurrency community should always promote good and positive things about cryptocurrency.

 
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October 21, 2019, 04:03:06 PM
 #229

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'm not reall an expert here in the crypto community but I think the duration of mine upon investing and bounty hunting is already enough to make a guess on what we lack here in the crypto world. We all know that crypto is a decentralized currency which means the government or other organization doesn't have any control towards it but maybe if we would let some of them in to regulate scammers and frauds, we can have a better crypto world. That is one of the main reason why there are slow or no progress here, because of those greedy bastards.
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October 21, 2019, 05:22:44 PM
 #230

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'm not reall an expert here in the crypto community but I think the duration of mine upon investing and bounty hunting is already enough to make a guess on what we lack here in the crypto world. We all know that crypto is a decentralized currency which means the government or other organization doesn't have any control towards it but maybe if we would let some of them in to regulate scammers and frauds, we can have a better crypto world. That is one of the main reason why there are slow or no progress here, because of those greedy bastards.

We can prevent those scammers and frauds by ourselves, it's not worthy to risk the decentralization of cryptocurrency just for this, if you don't want to be scammed, make yourself better, don't rush your decision, set your plans and limitations, discipline yourself so you could be not easily trick by these people, do that and keep Cryptocurrency safe from the Government.

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October 21, 2019, 05:25:39 PM
 #231

What we really need in this blockchain world is knowledge!! Many people entering in the blockchain world or crypto that has not enough knowledge or maybe don't really have knowledge on what crypto is all about. They just know that crypto is just a way in which they can earn money and that's all. We the people or experts here in crypto must teach those newbies on how and what to do in this society so they become a good trader or bounty hunter someday in this field. We are the only one that can help them because we are the veterans in this league, we can share our knowledge to them for the sake of their knowledge to expands about this crypto world.



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October 23, 2019, 08:51:38 AM
 #232

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 a need is the knowledge so that we can be aware about what is happening in the crypto world and analyze it to know how it can possibly benefit us.

We are still lack of knowledge and users, so, what we need to do is to attract users to be able to know more about crypto especially Bitcoin, we should unite as one. Imagine the price of Btc if all people are using it and all have in their wallet as their investment, also if businessman will use this too as alternative way for their payment option.

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October 23, 2019, 10:28:55 AM
 #233

what do we need for normal living in a blockchain world?
The first one in order to live a normal life in a blockchain world is to upgrade it's security as of that upgrading our security will be lessen the crimes that are involving crypto and also to have a secured access in the cyber world. Second is we need to have an all out access in the internet so that we can all have some informations on what is crypto all about and also the assets that we have. Third is when the security was upgraded and lessen the crime here that may also helps to the government to accept blockchain or crypto.
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October 23, 2019, 10:39:38 AM
 #234

The crypto sector can make it easier in the payment sector because of the ease in transacting online and blockchain technology provides new offers from payment systems that are still available today and in my opinion when looking at conditions where more and more are interested then the number of users will always increase every year

This only works if retailers accept bitcoin and other cryptocurrencies.

We had a huge setback in Dec 2017 when Steam and others disabled bitcoin because of the backlogs.

 
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CryptTech
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October 23, 2019, 10:56:47 AM
 #235

If we talk about the technical aspects, it is not enough of course a new and more correct distribution of coins, to spend such a lot of electricity for PoW in our time is bad for the planet and for people. PoS also does not bring anything good, since a large amount of coins can fall into bad hands and to some government.
If we are talking about fixed-issue tokens, they are usually in the wrong hands from the very beginning.

We need to understand why do we need blockchain? I see for myself only one use case as a check of integrity and immutability of data in the database.
As a cryptocurrency, it is still very unstable and not safe.

AllCrypt.Tech - News Cryptocurrency | ✅ BattleHashes.Com - Multiplayer gambling on blockchain | Discussion Thread BH: https://bitcointalk.org/index.php?topic=5188527.0
Oneandpure
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October 23, 2019, 11:06:19 AM
 #236

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?
Bitcoin can adoption in country if have real product, the same with altcoin publish to public with giving real product for every investor participants, by have real product government look agree and like for using bitcoin, bitcoin become topic discussion if have price higher but when bitcoin down many investor look not interested with bitcoin as investment or trading, they only take moment with bitcoin and altcoin when higher price.

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cryptoknightt
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October 23, 2019, 11:18:10 AM
 #237

of course that makes cryptocurrency can have very high prices like this because cryptocurrency has a technology that is very useful for many people when they want to make transactions, so many payments become easier and more convenient when using because it does not spend too much time.
CryptTech
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October 23, 2019, 12:24:30 PM
 #238

If we talk about the technical aspects, it is not enough of course a new and more correct distribution of coins, to spend such a lot of electricity for PoW in our time is bad for the planet and for people. PoS also does not bring anything good, since a large amount of coins can fall into bad hands and to some government.
If we are talking about fixed-issue tokens, they are usually in the wrong hands from the very beginning.

We need to understand why do we need blockchain? I see for myself only one use case as a check of integrity and immutability of data in the database.
As a cryptocurrency, it is still very unstable and not safe.


I may add  that blockchain is very young for use in economic purposes!

AllCrypt.Tech - News Cryptocurrency | ✅ BattleHashes.Com - Multiplayer gambling on blockchain | Discussion Thread BH: https://bitcointalk.org/index.php?topic=5188527.0
desticy
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October 23, 2019, 04:38:48 PM
 #239

First of all, cryptocurrencies lack a wider distribution in everyday life.
This is not surprising because a certain number of applications in real life has a small number of cryptocurrencies, which causes difficulties for ordinary people in their application and interaction with them.
In addition, the duration of transactions, market volatility, the complexity of using certain types of cryptocurrency wallets, at the moment, complicates the use of cryptocurrency as a universal means of payment.
But we are developing, blockchains continue to improve, accelerate, I won’t be surprised that after half a year or even a year we will see the implementation of projects that fully meet the criteria of digital currency. Fast, reliable, safe.

asus09
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October 23, 2019, 04:54:18 PM
 #240

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?
Lack of knowledge, this is the biggest problem all over the world. They go and go in bitcoin without any knowledge in bitcoin thats why some of the newbies got scam by the scam investment. For me knowledge is the key to success that they need to read first before entering the crypto world.
Lack of knowledge about crypto and exchange market will make you have to faced with moment lost assets with bitcoin and altcoin investment, before become investor or trader you have understand about how bitcoin price and when best time to buy and sell bitcoin. Many people do not understand so far with bitcoin how to be profitable investing for the future and become best investment assets.

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