Enki369 (OP)
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February 22, 2018, 05:23:08 PM |
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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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Imfinnabeon
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February 22, 2018, 05:34:04 PM |
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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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Faeton
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February 22, 2018, 05:59:56 PM |
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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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Tilbrook007
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February 22, 2018, 06:04:26 PM |
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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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Tilbrook007
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February 22, 2018, 06:09:32 PM |
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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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rayk
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February 22, 2018, 06:15:01 PM |
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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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Tilbrook007
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February 22, 2018, 06:26:24 PM |
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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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Tilbrook007
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February 23, 2018, 12:22:16 AM |
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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
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The Sceptical Chymist
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February 23, 2018, 12:31:20 AM |
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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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sjyi
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February 23, 2018, 12:44:51 AM |
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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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lamorak99
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February 23, 2018, 01:07:54 AM |
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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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Tilbrook007
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February 23, 2018, 01:44:43 AM |
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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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lasry
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February 23, 2018, 03:24:11 AM |
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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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Grim149x
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February 23, 2018, 03:27:09 AM |
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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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tdeannova
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February 23, 2018, 04:52:31 AM |
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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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pikebu
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February 23, 2018, 05:04:34 AM |
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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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Tilbrook007
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February 23, 2018, 06:22:11 AM |
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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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Tilbrook007
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February 23, 2018, 09:25:55 AM |
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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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Lovykitty
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February 23, 2018, 10:04:57 AM |
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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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Robin77
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February 23, 2018, 10:30:13 AM |
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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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