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Author Topic: The problem with cryptos  (Read 492 times)
Enki369 (OP)
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February 22, 2018, 05:23:08 PM
 #1

In my opinion, the crypto market cap is suffering because the general public are not entering the market and embracing blockchain.
Ray Kroc, the founder of McDonald’s gave hamburgers and french fries to the masses using a PHYSICAL PRESENCE.
Bitcoin has more presence than other coins and is therefore number 1.
There is a coin that has a physical rebranding concept and the coin is in its infancy. The coins business model has its merits. People participated in their free ICO and now people are starting to buy the coin based on the vision.
As a part of the www.bitcoinfuji.com team I can tell you we are extremely dedicated and the ecosystem is paramount.
Rebranding includes products, retail businesses, building naming rights,etc. The Asian markets are ripe for this and more receptive than Western markets. It’s all about getting a name in front of people and having an ecosystem that is uncomplicated and appealing to everyday people. Take a look! Thank you for your time.
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February 22, 2018, 05:34:04 PM
 #2

While I agree a physical coin could have value in some parts of the world and for certain age demographics, I think the overwhelming reply would be that moving forward digital currencies are going to be natural. I say this because

-no more than 8% of our money right now is cash (according to lead economists)
-ergo most of our money is already digital money, meaning transition to Bitcoin isn't much
-milennials and iGEN the two incoming generations have always had screens and computers in their life, which makes the progression even more natural.

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February 22, 2018, 05:59:56 PM
 #3

While I agree a physical coin could have value in some parts of the world and for certain age demographics, I think the overwhelming reply would be that moving forward digital currencies are going to be natural. I say this because

-no more than 8% of our money right now is cash (according to lead economists)
-ergo most of our money is already digital money, meaning transition to Bitcoin isn't much
-milennials and iGEN the two incoming generations have always had screens and computers in their life, which makes the progression even more natural.
I do not know how in your country, but in my opinion, to say that we keep only eight percent of our savings in ordinary currency, and the remaining 92 percent - in digital currency, it is too early. As far as I see by others, it can be said that on the contrary, about 20 percent is stored in digital currency. Also the transition to crypto currency will not be so simple. It will take years, not decades, to do this.

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February 22, 2018, 06:04:26 PM
 #4

While I agree a physical coin could have value in some parts of the world and for certain age demographics, I think the overwhelming reply would be that moving forward digital currencies are going to be natural. I say this because

-no more than 8% of our money right now is cash (according to lead economists)
-ergo most of our money is already digital money, meaning transition to Bitcoin isn't much
-milennials and iGEN the two incoming generations have always had screens and computers in their life, which makes the progression even more natural.

www.bitcoinfuji.com says you misunderstood the concept.
Bitcoinfuji is a digital currency that will market itself with a physical presence.
The physical presence is naming rights to buildings, rebranding products, rebranding retail outlets, etc in ASIA.
Word of mouth in Asia is powerful and sends things viral quickly!
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February 22, 2018, 06:09:32 PM
 #5

While I agree a physical coin could have value in some parts of the world and for certain age demographics, I think the overwhelming reply would be that moving forward digital currencies are going to be natural. I say this because

-no more than 8% of our money right now is cash (according to lead economists)
-ergo most of our money is already digital money, meaning transition to Bitcoin isn't much
-milennials and iGEN the two incoming generations have always had screens and computers in their life, which makes the progression even more natural.
I do not know how in your country, but in my opinion, to say that we keep only eight percent of our savings in ordinary currency, and the remaining 92 percent - in digital currency, it is too early. As far as I see by others, it can be said that on the contrary, about 20 percent is stored in digital currency. Also the transition to crypto currency will not be so simple. It will take years, not decades, to do this.

You say decades for the transition to crypto. The only way forward is a business model like Bitcoinfuji because it puts the name in front of the masses creating demand. That is what Ray Kroc did with hamburgers and French fries!
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February 22, 2018, 06:15:01 PM
 #6

I think the problem is that ICO, new projects, people with no knowledge. Everything is very new so there is an unpredictability in the market which also causes institutional investors not to enter in market right now.
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February 22, 2018, 06:26:24 PM
 #7

I think the problem is that ICO, new projects, people with no knowledge. Everything is very new so there is an unpredictability in the market which also causes institutional investors not to enter in market right now.

Many ICOs can look professional but there intentions are not honorable. www.bitcoinfuji.com is honorable and transparent. Bitcoinfuji is all about doing the right thing by people.
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February 23, 2018, 12:22:16 AM
 #8

In my opinion, the crypto market cap is suffering because the general public are not entering the market and embracing blockchain.
Ray Kroc, the founder of McDonald’s gave hamburgers and french fries to the masses using a PHYSICAL PRESENCE.
Bitcoin has more presence than other coins and is therefore number 1.
There is a coin that has a physical rebranding concept and the coin is in its infancy. The coins business model has its merits. People participated in their free ICO and now people are starting to buy the coin based on the vision.
As a part of the www.bitcoinfuji.com team I can tell you we are extremely dedicated and the ecosystem is paramount.
Rebranding includes products, retail businesses, building naming rights,etc. The Asian markets are ripe for this and more receptive than Western markets. It’s all about getting a name in front of people and having an ecosystem that is uncomplicated and appealing to everyday people. Take a look! Thank you for your time.


This makes more sense than anything else you will read
The Sceptical Chymist
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February 23, 2018, 12:31:20 AM
 #9

Eh, bitcoin is a bit different from a 1950s burger joint startup.  Wouldn't you say?  Yeah, it's something new and potentially revolutionary, but the comparison isn't fair to crypto or hamburgers. 

I would also say that bitcoin doesn't need anything physical associated with it.  You can't eat it and don't need to use a drive thru to purchase it--and introducing a physical element to it in the way of tying it to a real coin or whatever has been done already.  If you know what crypto really is, that becomes unnecessary.   

Christ, one of the biggest selling points for bitcoin is the fact that it isn't physical.   Give it time.   The newer generation will bring us to the promised land.

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February 23, 2018, 12:44:51 AM
 #10

Many ICOs can look professional but there intentions are not honorable. www.bitcoinfuji.com is honorable and transparent. Bitcoinfuji is all about doing the right thing by people.

Cryptocurrency modus operandi is to be able to carry out transactions in trustless environment.  Your claim that BTCFuji is granted honor and transparency just because of your description.  Hmm  the claim would be more believable if it is backed by facts.
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February 23, 2018, 01:07:54 AM
 #11

Cryptocurrencies are still very early in their life cycle. If you look at the Technology Adoption Lifecycle model, we are still in the innovators phase of the life cycle where less than 2.5% of the world wide population has adopted cypto. We are a long way from the maturity stage.
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February 23, 2018, 01:44:43 AM
 #12

Most people only know about Bitcoin and the media don’t write many stories about other coins!
www.bitcoinfuji.com plans to put its name in front of the masses the old fashioned way to get the ball rolling!
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February 23, 2018, 03:24:11 AM
 #13

In my opinion, the crypto market cap is suffering because the general public are not entering the market and embracing blockchain.


I think it is because that most people are not ready to embrace the change, cryptocurrency are new to most of us. And most of the time we tend to be stagnant to what we already have and what we already use, and it is fiat. It's safer, reliable and its forever. But if most of the crowd would willingly participate in activities related to cryptoworld It would be a big help for us for the crypto community who are completely inclined with this change.

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February 23, 2018, 03:27:09 AM
 #14

I believe it's just because of what the general public are: fearful. That's why there are only a few successful people, because they fear too much and not have their eyes on what could go in value in the near future. I think the term is "hunter-gatherers."

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February 23, 2018, 04:52:31 AM
 #15

people's understanding of crypto is still very minimal, for example when I educate them about crypto and other things like trading, mining and investment in ico to the people and family, the average of them do not understand and I am even accused of gambling, they also considered the work to be absurd. but I realize that internet access in my area is not evenly shared by the people, I am always patient to respond to their ridicule and hope someday they will be aware and able to open their minds about crypto, especially the technology it uses, namely Blockchain.
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February 23, 2018, 05:04:34 AM
 #16

I think the problem is that ICO, new projects, people with no knowledge. Everything is very new so there is an unpredictability in the market which also causes institutional investors not to enter in market right now.
If you are talking about the fake ICOs i agree with you, but the ICOs its self is good it is new model investment in digital coins, new generation of IPO on stocks markets, the investors whom interested in ICOs, they must do research about the ICOs projects, this method (ICOs) is very easy, simple than IPO. So i don't think the ICOs is a problem with cryptos currencies.
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February 23, 2018, 06:22:11 AM
 #17

I think the problem is that ICO, new projects, people with no knowledge. Everything is very new so there is an unpredictability in the market which also causes institutional investors not to enter in market right now.
If you are talking about the fake ICOs i agree with you, but the ICOs its self is good it is new model investment in digital coins, new generation of IPO on stocks markets, the investors whom interested in ICOs, they must do research about the ICOs projects, this method (ICOs) is very easy, simple than IPO. So i don't think the ICOs is a problem with cryptos currencies.

Many coins have no future because the promoters have the money and made up a story to get it.
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February 23, 2018, 09:25:55 AM
 #18

In my opinion, the crypto market cap is suffering because the general public are not entering the market and embracing blockchain.
Ray Kroc, the founder of McDonald’s gave hamburgers and french fries to the masses using a PHYSICAL PRESENCE.
Bitcoin has more presence than other coins and is therefore number 1.
There is a coin that has a physical rebranding concept and the coin is in its infancy. The coins business model has its merits. People participated in their free ICO and now people are starting to buy the coin based on the vision.
As a part of the www.bitcoinfuji.com team I can tell you we are extremely dedicated and the ecosystem is paramount.
Rebranding includes products, retail businesses, building naming rights,etc. The Asian markets are ripe for this and more receptive than Western markets. It’s all about getting a name in front of people and having an ecosystem that is uncomplicated and appealing to everyday people. Take a look! Thank you for your time.


The crypto markets do not have enough liquidity and need new market entrants
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February 23, 2018, 10:04:57 AM
 #19

The first problem that cryptocurrency encounters at some stage of its life path is scaling. Number of transactions increased, channel bandwidth limited and unstable. As a result, money from the owner's wallet can "hang" in space for several days, and large transactions are forced to queue up to complete the transaction.
From a technical point of view, no one and no regulator regulator can use cryptocurrency. However, parties can easily finance websites, flows, enforces logical transactions and so on. Whose position will ultimately be stronger? Only time will be able to answer it. And this works for cryptographic sake, which grows daily because of Investors and the awakening awareness of the public. Hand in hand, financiers are tired of new things in the world of traditional money.
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February 23, 2018, 10:30:13 AM
 #20

Crypto do not accept in some countries, and Bitcoin prices are always up and down, so there is some problem in crypto.
There are fewer knowledge about Bitcoin in different countries. This is the main problem in crypto.
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February 23, 2018, 11:48:20 AM
 #21

Together we win and divided we fall, if you are trying to bring BTC down in order for you to promote coin. I don't see how Bitcoinfiji is different from many of the current list of Altcoins because they soon realised that talk is cheap

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February 23, 2018, 11:53:56 AM
 #22

Crypto do not accept in some countries, and Bitcoin prices are always up and down, so there is some problem in crypto.
There are fewer knowledge about Bitcoin in different countries. This is the main problem in crypto.


Yes, knowledge and visibility
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February 23, 2018, 12:34:46 PM
 #23

Together we win and divided we fall, if you are trying to bring BTC down in order for you to promote coin. I don't see how Bitcoinfiji is different from many of the current list of Altcoins because they soon realised that talk is cheap

You say the Altcoin promoters talk and are not action oriented.
Do not underestimate www.bitcoinfuji.com
We don’t give in easy and did not raise capital in a fake ICO like so many.
We are seasoned individuals that work with passion. It is not about money it is about winning!
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February 23, 2018, 12:40:43 PM
 #24

There are really many ICO that pop almost everyday with a concept that is just almost completely the same to the others. Once this cryptocurrency will be listed on exchanges, it will undergo a stiff competition against its competitors that if the team behind it has almost less knowledge on how to promote it, will likely make this token obsolete and useless at all.

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February 23, 2018, 12:51:12 PM
 #25

There are many "problems with crypto": the existence of pseudo schemes and their echo chambers on threads like this is one of them.

Extraordinary Claims require Extraordinary Evidence
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February 23, 2018, 01:07:05 PM
 #26

There are many "problems with crypto": the existence of pseudo schemes and their echo chambers on threads like this is one of them.

Are you the enlightened one?
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February 23, 2018, 01:08:03 PM
 #27

There are many "problems with crypto": the existence of pseudo schemes and their echo chambers on threads like this is one of them.

Are you the enlightened one?

Good guess.
 Grin

Extraordinary Claims require Extraordinary Evidence
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February 23, 2018, 01:17:02 PM
 #28

In my opinion, the crypto market cap is suffering because the general public are not entering the market and embracing blockchain.
Ray Kroc, the founder of McDonald’s gave hamburgers and french fries to the masses using a PHYSICAL PRESENCE.
Bitcoin has more presence than other coins and is therefore number 1.
There is a coin that has a physical rebranding concept and the coin is in its infancy. The coins business model has its merits. People participated in their free ICO and now people are starting to buy the coin based on the vision.
As a part of the www.bitcoinfuji.com team I can tell you we are extremely dedicated and the ecosystem is paramount.
Rebranding includes products, retail businesses, building naming rights,etc. The Asian markets are ripe for this and more receptive than Western markets. It’s all about getting a name in front of people and having an ecosystem that is uncomplicated and appealing to everyday people. Take a look! Thank you for your time.

Another promotion of coin? I expect that in 5-10 years crypto will become more popular among general public and market cap will rise dramatically. I can't say that now it is suffering, look at the last year, capitalisation made 10X
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February 23, 2018, 01:54:03 PM
 #29

The first problem that cryptocurrency encounters at some stage of its life path is scaling. Number of transactions increased, channel bandwidth limited and unstable. As a result, money from the owner's wallet can "hang" in space for several days, and large transactions are forced to queue up to complete the transaction.
From a technical point of view, no one and no regulator regulator can use cryptocurrency. However, parties can easily finance websites, flows, enforces logical transactions and so on. Whose position will ultimately be stronger? Only time will be able to answer it. And this works for cryptographic sake, which grows daily because of Investors and the awakening awareness of the public. Hand in hand, financiers are tired of new things in the world of traditional money.
Cryptocurrencies are supposed to usher in an rights and opportunities, prosperity, and mass cross-border payments. Whether this will come to pass in the next decade depends entirely on what happens now.
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February 23, 2018, 01:58:55 PM
 #30

For me, the main problem of the cryptocurrencies here is that major investors are cashing out their money for the value to decrease and later on to grab more bitcoin and then to rise the market again and again. It's suffering well it's basically a strategy on the market.

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February 23, 2018, 02:00:51 PM
 #31

The first problem that cryptocurrency encounters at some stage of its life path is scaling. Number of transactions increased, channel bandwidth limited and unstable. As a result, money from the owner's wallet can "hang" in space for several days, and large transactions are forced to queue up to complete the transaction.
From a technical point of view, no one and no regulator regulator can use cryptocurrency. However, parties can easily finance websites, flows, enforces logical transactions and so on. Whose position will ultimately be stronger? Only time will be able to answer it. And this works for cryptographic sake, which grows daily because of Investors and the awakening awareness of the public. Hand in hand, financiers are tired of new things in the world of traditional money.
Cryptocurrencies are supposed to usher in an rights and opportunities, prosperity, and mass cross-border payments. Whether this will come to pass in the next decade depends entirely on what happens now.
Whether the current crypto environment can support that need is still to be seen but with the rise of new funding methods, secure person-to-person transactions. I’m thinking 2018 and beyond will be far brighter than we can imagine.
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February 23, 2018, 02:10:32 PM
 #32

There are many problems in Cryptos due to increasing number of shit coins in the market. These coins that should not exist have to be pull out in the market in order to maintain good reputation of crypto. This will help the Market to attract more investors and get the support from the government of each country. From what I read there are a lot of investors that were scammed by these shit coins. So there are many countries like America banned Crypto because many of their people suffer from great loss due to investing in such coins. In order to prevent this to spread further the government of America banned crypto in the Market. And this become one of the great problem that arise in the bloc chain.

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February 23, 2018, 02:21:08 PM
 #33

In my opinion, the crypto market cap is suffering because the general public are not entering the market and embracing blockchain.


In my opinion, the crypto market cap is suffering because the general public are not entering the market and embracing blockchain.


It is true. It takes time. But we always have to ask ourselves what we can do on our side. I think that improving scalability, user-friendliness and security are the key points here. People will react to news, adoption is news and adoption will never happen without those three things dealt with first.

Marketing can help and short-term they it create more than the technicalities can, but to be successful in a long run, technical stuff must be dealt with first.

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February 23, 2018, 02:30:03 PM
 #34

In my opinion, the crypto market cap is suffering because the general public are not entering the market and embracing blockchain.

Another promotion of coin? I expect that in 5-10 years crypto will become more popular among general public and market cap will rise dramatically. I can't say that now it is suffering, look at the last year, capitalisation made 10X

Some people hurry a lot to take some profit. In 5-10 years all this can explode in all directions, and last year is just an example how can all that look in eyes of an observer when market is going x10. I highlighted most important from OP, he is not right in his first sentence, everyone is coming in blockchain just slowly, maybe its not the speed that we would like to see, but war is out there I think, to embrace future or to stay with traditional economy. Many people are old fashioned and they don`t like new things, thats why its going slowly but its important that its going.

In my opinion, the crypto market cap is suffering because the general public are not entering the market and embracing blockchain.

It is true. It takes time. But we always have to ask ourselves what we can do on our side. I think that improving scalability, user-friendliness and security are the key points here. People will react to news, adoption is news and adoption will never happen without those three things dealt with first.

Marketing can help and short-term they it create more than the technicalities can, but to be successful in a long run, technical stuff must be dealt with first.

I just finished with comment but you were faster. I added you cause I wish to show how many people thinks the same here, and how much we are convinced that this is going sometimes fast like last year, sometimes its slow like 2015, I think in future we will see slower years, but we will see faster ones, who is here a long time knows that bitcoin can do it.



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February 23, 2018, 02:49:10 PM
 #35

I think the only problem here are scam like they use crypto and the volatile price of it but still there's a lot of way to avoid bad things here like we can use 2fa in every wallet that we use here to avoid scam and the volatile price also is one of the way to earn here so there's a positive and negative about it,Moreover always try everything here and if you experience bad try to think to avoid that then move forward.

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February 23, 2018, 02:50:39 PM
 #36

The following are some of the problems with Cryptos:
(1) Price Manipulation
(2) Pump and Dump ICO Schemes
(3) The Activities of Cybercriminals
(4) Lack of Price Uniformity
(5) Transaction Delays - in some trading areas, before can withdraw, you have to
      go through some cumbersome verification
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February 23, 2018, 03:00:14 PM
 #37

problem of cryptocurrency is there so many useless coins produce, easy to manipulate the price, used for illegal activities, no regulations, and some are not user-friendly . Since crypto is only on adaption phase this problems must be solve to be easily adapt by the massess.
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February 23, 2018, 03:02:56 PM
 #38

Very interesting, you have the right to promote and introduce bitcoifuji to us, I hear fuji bitcoin is the original bitcoin. Is it true ?

I have not seen the prospect of fuji bitcoin, but people need the convenience of transactions. and society needs maximum service.

So the problem lies in public knowledge about crypto and also investors who do not want to see market developments.

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February 23, 2018, 03:04:43 PM
 #39

people's understanding of crypto is still very minimal, for example when I educate them about crypto and other things like trading, mining and investment in ico to the people and family, the average of them do not understand and I am even accused of gambling, they also considered the work to be absurd. but I realize that internet access in my area is not evenly shared by the people, I am always patient to respond to their ridicule and hope someday they will be aware and able to open their minds about crypto, especially the technology it uses, namely Blockchain.


I faced similar issue when I tried to educate my friends and relatives about crypto but sometime later I showed them my return and they were very keen of investing. Best you can do is invest some amount of money on their behalf and let them have the private key for it. When price rises they would wanna use it themselves.

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February 23, 2018, 03:13:22 PM
 #40

Crypto do not accept in some countries, and Bitcoin prices are always up and down, so there is some problem in crypto.
There are fewer knowledge about Bitcoin in different countries. This is the main problem in crypto.

The main problem in crypto is when somebody think that any country can cause problems for Bitcoin Undecided
Countries may allow it, legalize, or may not - no matter, Bitcoin will remain Bitcoin. Just many people think that ban in some countries is the reason for bitcoin to be not accepted by people all over the world...
I dont understand people who click "sell" button and replace their bitcoins with dollars. I really dont Undecided

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February 23, 2018, 03:23:38 PM
 #41

I think the problem is that ICO, new projects, people with no knowledge. Everything is very new so there is an unpredictability in the market which also causes institutional investors not to enter in market right now.

Sequoia Capital invested in Filecoin through the ICO. So if we will see good projects institutional investors will definitely take part in.



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February 24, 2018, 04:14:58 AM
 #42

The first problem that cryptocurrency encounters at some stage of its life path is scaling. Number of transactions increased, channel bandwidth limited and unstable. As a result, money from the owner's wallet can "hang" in space for several days, and large transactions are forced to queue up to complete the transaction.
From a technical point of view, no one and no regulator regulator can use cryptocurrency. However, parties can easily finance websites, flows, enforces logical transactions and so on. Whose position will ultimately be stronger? Only time will be able to answer it. And this works for cryptographic sake, which grows daily because of Investors and the awakening awareness of the public. Hand in hand, financiers are tired of new things in the world of traditional money.

A good quality post
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February 24, 2018, 07:19:51 AM
 #43

The crypto is facing many problems which have to be solved before it can move further. I would quote one here : The lack of regulations to engender market manipulation. The crypto exchanges are currently operating in uncharted area where regulations guiding their operations are non existing. The lack of regulations to ensure security, verifiability and fairness is the main reason that keep institutions out of the crypto market. Without the participation of the institutional players and its corresponding trading volume, make it hard for crypto currencies to break the liquidity barrier. The solution might lies in the adoption of a hybrid exchange platform which will neutralize front-running crypto trades and ensure transparency, inalterability and temporality of order book to provide all market players a level playing field .
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February 24, 2018, 07:28:38 AM
 #44

In my opinion, the crypto market cap is suffering because the general public are not entering the market and embracing blockchain.
Ray Kroc, the founder of McDonald’s gave hamburgers and french fries to the masses using a PHYSICAL PRESENCE.
Bitcoin has more presence than other coins and is therefore number 1.
There is a coin that has a physical rebranding concept and the coin is in its infancy. The coins business model has its merits. People participated in their free ICO and now people are starting to buy the coin based on the vision.
As a part of the www.bitcoinfuji.com team I can tell you we are extremely dedicated and the ecosystem is paramount.
Rebranding includes products, retail businesses, building naming rights,etc. The Asian markets are ripe for this and more receptive than Western markets. It’s all about getting a name in front of people and having an ecosystem that is uncomplicated and appealing to everyday people. Take a look! Thank you for your time.

But..the lack of physical presence is one of the advantages of cryptocurrencies, doesn't it?
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February 24, 2018, 07:58:04 AM
 #45

This is my second reply and it deals on another problem: lack of liquidity. The lack of it make it hard for traders and investors to exit the market at profitable price. Very often the players have to change their prices many times and wait for their orders to be filled. Hence many traders felt trapped in the market beyond the timing of their exit signal. The lack of liquidity also the main reason for massive price swing when more traders trade in the same direction.  One of viable solution to this problem is to get the crypto community to participate and support the growth and development of FUTURE markets. These markets allow traders to SHORT sell the coins held by investors ,thus increases the crypto trade volume which would in turn moderate the price volatility.
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February 24, 2018, 08:28:58 AM
 #46

This my third reply and I would quote another problem: Current crypto exchanges lack security for investor fund. There were many cases where dishonest crypto exchanges disappeared with funds of traders and investors. The crypto exchanges would have do more to eradicate the skepticism of the potential investors. This can be achieved by adopting steps to ensure the safety and security of the investors fund. For example the adoption of smart card based hardware and wallets which are very secured that let you have total control of your coins, even in the unlikely event that the exchange go bust.
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February 24, 2018, 08:50:07 AM
 #47

If virtually all the ICO end up with real life project not just a project in the whitepaper it will help to burst the lifespan of cryptocurrencies and the value.

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February 24, 2018, 08:57:02 AM
 #48

This my third reply and I would quote another problem: Current crypto exchanges lack security for investor fund. There were many cases where dishonest crypto exchanges disappeared with funds of traders and investors. The crypto exchanges would have do more to eradicate the skepticism of the potential investors. This can be achieved by adopting steps to ensure the safety and security of the investors fund. For example the adoption of smart card based hardware and wallets which are very secured that let you have total control of your coins, even in the unlikely event that the exchange go bust.

Great comment contributions: I enjoyed reading your point of view about the problems.
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February 24, 2018, 09:00:13 AM
 #49

I like the idea of having a physical brand bit that has totally shifted away from the digital currency and decentralized digital currency system in the sense that this coins will be control and at the same time centralized so the idea of crypto is totally not their, if the is need for that trust be the inventor of bitcoin could have also done that.
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February 24, 2018, 09:30:29 AM
 #50

people simply don't care about blockchain technology or even understand it , they only invest when market is up and because of continuous FUD , they get scared and ran !

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February 24, 2018, 09:37:55 AM
 #51

I don't get it,  what do you mean by saying "physical"?  A real paper/metal  banknotes?  Absolutely absurd,  or I must have misunderstood. Cryptocurrency will stay where it belongs -  on the Internet.  Those people who cannot access it are not the audience and there's no need to bring it to them

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February 24, 2018, 09:47:48 AM
 #52

people simply don't care about blockchain technology or even understand it , they only invest when market is up and because of continuous FUD , they get scared and ran !

There you go. The same applies for fiat financial systems. (most) people don't care about what happens behind their credit card or savings account. They care about ease of use.
If cryptocurrencies can get to that stage, ease of use for people who are not interested in how it works, then the masses will join and FUD will fade

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wahyu wida
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February 24, 2018, 09:49:12 AM
 #53

people simply don't care about blockchain technology or even understand it , they only invest when market is up and because of continuous FUD , they get scared and ran !
i think many people only have mindset if blockchain is the easy way to get rich. althought blockchain and bitcoin is deferent things, but both of them like the unity. bitcoin is the product and blockchain is a system are available to transfer btc, not only that blockchain can transfer the other things with transparancy and fast
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February 24, 2018, 10:15:30 AM
 #54

I think it would be best to leave crypto where it is right now.


1. You can't force people to get into crypto since it will just look like your'e scamming them.
2. Physical is impossible for now since no market will accept and values are not stable.
3. Stable market won't be that much beneficial and investors might loss interest since they won't earn much.
4. Crypto won't be crypto anymore if physical coins will be release. Crypto will live in the internet forever and will make it own path.

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February 24, 2018, 10:24:57 AM
 #55

In my view, cryptocurrency has no restriction on monetary policy of any country, so it is simpler to travel abroad. Using bitcoin does not require physical transactions, making it easier for customers to transact. Compared to banknotes where you have to change your rupiah currency in money changer first, then cryptocurrency is more reliable.
 slowing of bitcoin growth
The 'mined' system is basically arranged so that the longer the digital money gets harder and for cryptocurrency like bitcoin, of course, it can keep its value, since the demand for this digital currency will remain for as long as there are merchants willing to use bitcoin as a tool payment.
The more accepted the global community
As mentioned earlier, bitcoin has been accepted as a means of payment. If cryptocurrency continues to be used to purchase real goods and services, then the demand for this digital currency will continue to be maintained.
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February 24, 2018, 03:07:44 PM
 #56

I don't get it,  what do you mean by saying "physical"?  A real paper/metal  banknotes?  Absolutely absurd,  or I must have misunderstood. Cryptocurrency will stay where it belongs -  on the Internet.  Those people who cannot access it are not the audience and there's no need to bring it to them

You misunderstood, read the other posts
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February 24, 2018, 03:21:19 PM
 #57

www.bitcoinfuji.com says

To be honest we believe the market has hit a brick wall
There are coins in the top 200 with high market caps that have a 24 hour turnover that you would expect from one busy McDonald’s store: its no wonder the big boys on Wall Street don’t give crypto any credibility.
Bitcoinfuji understands the problem but at this point in time will not talk too loudly about solutions. Aristotle Onassis once said the secret to making money is knowing something nobody else knows! Yes, this is cryptic!
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February 25, 2018, 03:56:03 AM
 #58

I think it would be best to leave crypto where it is right now.


1. You can't force people to get into crypto since it will just look like your'e scamming them.
2. Physical is impossible for now since no market will accept and values are not stable.
3. Stable market won't be that much beneficial and investors might loss interest since they won't earn much.
4. Crypto won't be crypto anymore if physical coins will be release. Crypto will live in the internet forever and will make it own path.

Good reading...thank you
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February 25, 2018, 04:16:16 AM
 #59

After reviewing the information about the project you mentioned above, I find this project is just trying to deceive the assets of the investor. On their home page there is no roadmap and product introduction. Most of the information is trying to promote and try to win the trust of investors by word of mouth. In both the introductory video on the home page, just talk about the Waves project. Website design is nothing outstanding. There is no reason to invest here

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February 25, 2018, 04:58:01 AM
 #60

The problem is not the crypto market but the fear people have of losing their money invested, the greed and fear of governments losing control over the wealth of their citizens and the boycott of big banks that fear their hegemony is shaken
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February 25, 2018, 08:40:00 AM
 #61

After reviewing the information about the project you mentioned above, I find this project is just trying to deceive the assets of the investor. On their home page there is no roadmap and product introduction. Most of the information is trying to promote and try to win the trust of investors by word of mouth. In both the introductory video on the home page, just talk about the Waves project. Website design is nothing outstanding. There is no reason to invest here

Who are you? This project has outstanding potential!
There are 1000 participants from this forum
The business model makes sense and appeals to mum and dad investors!
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February 25, 2018, 09:45:53 AM
 #62

In my opinion, the crypto market cap is suffering because the general public are not entering the market and embracing blockchain.

wrong.
the total crypto market cap is increasing because a lot of new shitcoins are being created.
it is not increasing at the same big rate as before because first of all bitcoin stopped rising and it is currently going sideways which is practically keeping its market cap fixed. and second is because altcoin bubbles are bursting and they are getting dumped hard.

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February 26, 2018, 02:02:55 PM
 #63

In my opinion, the crypto market cap is suffering because the general public are not entering the market and embracing blockchain.

wrong.
the total crypto market cap is increasing because a lot of new shitcoins are being created.
it is not increasing at the same big rate as before because first of all bitcoin stopped rising and it is currently going sideways which is practically keeping its market cap fixed. and second is because altcoin bubbles are bursting and they are getting dumped hard.

Good point and maybe true! Well done!
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February 27, 2018, 11:06:59 AM
 #64

In my opinion, the crypto market cap is suffering because the general public are not entering the market and embracing blockchain.
Ray Kroc, the founder of McDonald’s gave hamburgers and french fries to the masses using a PHYSICAL PRESENCE.
Bitcoin has more presence than other coins and is therefore number 1.
There is a coin that has a physical rebranding concept and the coin is in its infancy. The coins business model has its merits. People participated in their free ICO and now people are starting to buy the coin based on the vision.
As a part of the www.bitcoinfuji.com team I can tell you we are extremely dedicated and the ecosystem is paramount.
Rebranding includes products, retail businesses, building naming rights,etc. The Asian markets are ripe for this and more receptive than Western markets. It’s all about getting a name in front of people and having an ecosystem that is uncomplicated and appealing to everyday people. Take a look! Thank you for your time.

But..the lack of physical presence is one of the advantages of cryptocurrencies, doesn't it?
It is both advantageous and disadvantageous on the same time. If you are unable to carry and manage cash, crypto currencies are best option for you. Even for those who are unable to invest into large businesses such as real estate and in gold market for additional income, virtual currencies are helping them a lot in these regards. The only defect is that once the transaction is being made, it cannot be reversed by any means like we do with cash. 
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February 27, 2018, 11:50:43 AM
 #65

The problem is not the crypto market but the fear people have of losing their money invested, the greed and fear of governments losing control over the wealth of their citizens and the boycott of big banks that fear their hegemony is shaken
You're absolutely right. It is all the more true that the media keep saying that cryptocurrencies are a soap bubble.
Frankly speaking, I would also be afraid to invest in ICO if I listened to the news on television.

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Enki369 (OP)
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February 27, 2018, 03:42:26 PM
 #66

The problem is not the crypto market but the fear people have of losing their money invested, the greed and fear of governments losing control over the wealth of their citizens and the boycott of big banks that fear their hegemony is shaken
You're absolutely right. It is all the more true that the media keep saying that cryptocurrencies are a soap bubble.
Frankly speaking, I would also be afraid to invest in ICO if I listened to the news on television.

Yes, the media is extremely negative!
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February 28, 2018, 09:33:50 AM
 #67

Bitcoinfuji is going from strength to strength
Find out why: www.bitcoinfuji.com
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March 01, 2018, 02:52:19 PM
 #68

Dishonest promoters
www.Bitcoinfuji.com is an honest and fair coin
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March 12, 2018, 03:12:48 PM
 #69

The problem is not the crypto market but the fear people have of losing their money invested, the greed and fear of governments losing control over the wealth of their citizens and the boycott of big banks that fear their hegemony is shaken
You're absolutely right. It is all the more true that the media keep saying that cryptocurrencies are a soap bubble.
Frankly speaking, I would also be afraid to invest in ICO if I listened to the news on television.


You are 100 percent correct, hence the predicament!
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March 22, 2018, 04:41:26 AM
 #70

It is all the more true that the media keep saying that cryptocurrencies are a bubble any time it will blast. People will think negatively about crypto.
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March 24, 2018, 01:15:18 PM
 #71

I think the creators are probably not ideal because deficient use of marketing and promotion. I am out of this one and not worried at all about it.
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