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Author Topic: The problem with cryptos  (Read 492 times)
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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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Tilbrook007
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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

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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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