Bitcoin Forum
November 17, 2018, 01:53:43 AM *
News: Latest Bitcoin Core release: 0.17.0 [Torrent].
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3]  All
  Print  
Author Topic: [Article] 10 Reasons Why Cryptocurrency Isn't Mainstream Yet  (Read 181 times)
Dudeperfect
Hero Member
*****
Offline Offline

Activity: 1022
Merit: 531

★YoBit.Net★ 350+ Coins Exchange & Dice


View Profile WWW
June 29, 2018, 02:27:27 AM
 #41

I believe that the year 2017 was the year when cryptocurrency and blockchain technology went mainstream (on a theoretical part) but there is a still a long way to go when it comes to the actual ground level use of it in multiple sectors around the world. It is true that the biggest challenge is lack of awareness and high amount of misconceptions planted due to the misrepresentation by the media.

1542419623
Hero Member
*
Offline Offline

Posts: 1542419623

View Profile Personal Message (Offline)

Ignore
1542419623
Reply with quote  #2

1542419623
Report to moderator
1542419623
Hero Member
*
Offline Offline

Posts: 1542419623

View Profile Personal Message (Offline)

Ignore
1542419623
Reply with quote  #2

1542419623
Report to moderator
1542419623
Hero Member
*
Offline Offline

Posts: 1542419623

View Profile Personal Message (Offline)

Ignore
1542419623
Reply with quote  #2

1542419623
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Goodnuel
Copper Member
Newbie
*
Offline Offline

Activity: 196
Merit: 0


View Profile WWW
July 06, 2018, 08:25:34 PM
 #42

That a good question, I do think it may not be possible in the nearest future for bitcoin to go mainstream because there's still plenty educating that needs to done, alps the volatility and regulations will hinder it for a while too.

▐|   EOS Exchange   |▌          The Exchange for the EOS Community!          ▐|   EOSex   |▌
                    ICO: 15th October to 20th November  |  Free EXP Tokens: Join Bounty!                   
Whitepaper               ANN Thread               Telegram               Twitter               Mobile
Kingairdrop
Jr. Member
*
Offline Offline

Activity: 174
Merit: 1


View Profile WWW
July 06, 2018, 10:46:50 PM
 #43

Why Crypto Hasn't Gone Mainstream Yet

After a decade of trading and a market cap in hundreds of millions, it?s not yet clear ? will cryptocurrencies like Bit[Suspicious link removed]ver to the mainstream use?

One factor that could make or break a cryptocurrency is the ability to outgrow its FinTech image and put on some real economy clothes. It depends on consumers who decide whether or not to adopt cryptocurrencies as a payment method. Sadly, they are still vague when it comes trading fiat money for the cryptocurrency.

Also, some high-profile people are pessimistic on this idea of cryptocurrencies. A Nobel Prize-winning economist Robert Shiller (no pun intended) compared cryptocurrency with the Dutch tulip mania. On the other hand, Myron Scholes, another Nobel laureate, is taking part in the development of a low-volatility cryptocurrency Saga (SGA).

So, why cryptocurrencies aren?t mainstream yet?

1. Difficulties Spending
2. Poorly Understood
3. Volatility!
4. Legalities and other Regulations
5. Illegal Activities
6. Bitconnect!
7. Unregulated
8. Not a Commodity, not a Currency
9. Media Influence
10. Learning Curve

These are just the main outlines.

If interested, you can find the full article where each point is commented in detail here:
http://tokenlion.net/blog/post/117/10-reasons-why-cryptocurrency-isnt-mainstream-yet

What is your opinion on this? What are the reasons YOU think Cryptocurrency is not mainstream? If you had any crazy stories with crypto, let's hear it!
You practically said it all, but just to chip in a little bit, bitcoin will hardly be adopted in mainstream because its too volatile in nature, security concerns and poor awareness by the masses.

 WWW.SAVEDROID.COM (https://www.savedroid.com) - CRYPTO SAVING FOR EVERY ONE - SIGN UP & STAY TUNED
doreraj
Newbie
*
Offline Offline

Activity: 110
Merit: 0


View Profile WWW
July 13, 2018, 06:09:54 PM
 #44

Why Crypto Hasn't Gone Mainstream Yet

After a decade of trading and a market cap in hundreds of millions, it?s not yet clear ? will cryptocurrencies like Bit[Suspicious link removed]ver to the mainstream use?

One factor that could make or break a cryptocurrency is the ability to outgrow its FinTech image and put on some real economy clothes. It depends on consumers who decide whether or not to adopt cryptocurrencies as a payment method. Sadly, they are still vague when it comes trading fiat money for the cryptocurrency.

Also, some high-profile people are pessimistic on this idea of cryptocurrencies. A Nobel Prize-winning economist Robert Shiller (no pun intended) compared cryptocurrency with the Dutch tulip mania. On the other hand, Myron Scholes, another Nobel laureate, is taking part in the development of a low-volatility cryptocurrency Saga (SGA).

So, why cryptocurrencies aren?t mainstream yet?

1. Difficulties Spending
2. Poorly Understood
3. Volatility!
4. Legalities and other Regulations
5. Illegal Activities
6. Bitconnect!
7. Unregulated
8. Not a Commodity, not a Currency
9. Media Influence
10. Learning Curve

These are just the main outlines.

If interested, you can find the full article where each point is commented in detail here:
http://tokenlion.net/blog/post/117/10-reasons-why-cryptocurrency-isnt-mainstream-yet

What is your opinion on this? What are the reasons YOU think Cryptocurrency is not mainstream? If you had any crazy stories with crypto, let's hear it!

Thanks a lot, nice info to think on
will recommend it for some friends
tokenlion
Newbie
*
Offline Offline

Activity: 52
Merit: 0


View Profile WWW
July 13, 2018, 06:31:26 PM
 #45

Why Crypto Hasn't Gone Mainstream Yet

After a decade of trading and a market cap in hundreds of millions, it?s not yet clear ? will cryptocurrencies like Bit[Suspicious link removed]ver to the mainstream use?

One factor that could make or break a cryptocurrency is the ability to outgrow its FinTech image and put on some real economy clothes. It depends on consumers who decide whether or not to adopt cryptocurrencies as a payment method. Sadly, they are still vague when it comes trading fiat money for the cryptocurrency.

Also, some high-profile people are pessimistic on this idea of cryptocurrencies. A Nobel Prize-winning economist Robert Shiller (no pun intended) compared cryptocurrency with the Dutch tulip mania. On the other hand, Myron Scholes, another Nobel laureate, is taking part in the development of a low-volatility cryptocurrency Saga (SGA).

So, why cryptocurrencies aren?t mainstream yet?

1. Difficulties Spending
2. Poorly Understood
3. Volatility!
4. Legalities and other Regulations
5. Illegal Activities
6. Bitconnect!
7. Unregulated
8. Not a Commodity, not a Currency
9. Media Influence
10. Learning Curve

These are just the main outlines.

If interested, you can find the full article where each point is commented in detail here:
http://tokenlion.net/blog/post/117/10-reasons-why-cryptocurrency-isnt-mainstream-yet

What is your opinion on this? What are the reasons YOU think Cryptocurrency is not mainstream? If you had any crazy stories with crypto, let's hear it!

Thanks a lot, nice info to think on
will recommend it for some friends

Thank you! Also, if we continue the same topic of cryptocurrencies, you can read about some blockchain use cases

Cryptocurrencies may have a hard time to go mainstream, but the technology will see adoption. What do you think?
tombola_official
Copper Member
Newbie
*
Offline Offline

Activity: 70
Merit: 0


View Profile WWW
July 13, 2018, 07:30:40 PM
 #46

Thanks for your valuable post.
Pages: « 1 2 [3]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!