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Author Topic: The most frustrating thing about crypto  (Read 4319 times)
sapnu
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October 13, 2018, 04:55:44 PM
 #301

Maybe, that's the lack of consistency when it comes on the market value of cryptos. It surely frustrates many people especially those who have invested and are now losing profit due to the continuous market downfall. Being patient is really advisable but we just can't really blame those who are worried and scared at times like this.
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October 14, 2018, 08:49:48 PM
 #302

And that is exchanges who are keeping coins/tokens hostile for a long period of time. When I deposit or withdrawal from an exchange often times it just keeps it in pending status. Now I'm waiting for an idex deposit, 4 hours passed. My worst case was a withdrawal at cryptopia which took 30 days.

Crypto is not ready to be adopted by the masses. Lots of suicides would be the result...

I think the most frustating thing about crypto is the price is falling down. It will make people panic . People always become so nervous if the price is collapse. They become lose their mind if this kind of situation happen.
That the price of a currency or an asset goes down is something that is completely normal in any market, so if that frustrates you then you should either think if it is the right decision to invest in this market or find a way to accept that the volatility of this market is going to continue for a lot of time and instead of complaining about it you should try to get advantage of it.

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October 18, 2018, 11:32:33 AM
 #303

I think the main unpleasant thought about cryptocurrency is that it can be an experiment on us. All this will be over soon and will cost one cent.
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October 18, 2018, 04:31:20 PM
 #304

The most annoying thing in crypto is that we trust our money to the crypto exchanges. After all, this is just a website on the Internet. Difficult built, reliable. But if the Internet collapses, all the cryptography will disappear in one day. However, I think that this will not come.
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October 18, 2018, 04:55:55 PM
 #305

It seems to me that it is possible to raise a lot of difficulties, which today, unfortunately, are still trying to probably deceive people more than to give them an opportunity to earn money, because now such time and in the future will be even worse.

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October 18, 2018, 05:57:43 PM
 #306

I agree, I also sometimes wait for transactions for a very long time. I've certainly never had a 30-day waiting period for a transaction like yours, but still a few hours is also a very long time.

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October 19, 2018, 09:18:57 AM
 #307

And that is exchanges who are keeping coins/tokens hostile for a long period of time. When I deposit or withdrawal from an exchange often times it just keeps it in pending status. Now I'm waiting for an idex deposit, 4 hours passed. My worst case was a withdrawal at cryptopia which took 30 days.

Crypto is not ready to be adopted by the masses. Lots of suicides would be the result...
How easy it is to manipulate it. If you have couple billion dollars and you want to play with the price of bitcoin it would be too easy for you to manage to get it done.

If you want to create a new ICO and get a lot of funds than you can just hire the best tech people and best marketing people with graphic designers and give out facebook ads, google ads, even twitter ads and get the famous bitcoin/crypto people to talk about how great you are and than pay the news websites to talk about your coin and even pay the mainstream media to talk about your futuristic amazing new ICO and than you will get hundreds of millions of dollars from funding and recover that loss because all of that money is yours anyway. This is for just getting free funding, think how easy it must be to trade.
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October 19, 2018, 09:39:42 AM
 #308

I think you should add postage in order for quick entry. And the thing that is most frustrating of course made me a lot of scams and coin prices declined. The thing which might be felt everyone because of the time and their struggle to end up with a result that leaves them disappointed.

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October 19, 2018, 09:55:06 AM
 #309

I think the frustrating thing about crypto is when I sell alt coin with cheap prices and the next day it increases by more than 200% profit.
sometimes I feel mocked by crypto. Huh

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October 19, 2018, 12:46:56 PM
 #310

I think the frustrating thing about crypto is when I sell alt coin with cheap prices and the next day it increases by more than 200% profit.
sometimes I feel mocked by crypto. Huh

That will make us be frustrated because we don't have any chance to make a profit when the price is back to the higher price. I have the same experience as you in the past. But now, I think I can handle my frustration and I can stay calm for this, but in the past, after I can handle this emotion, I have the other frustrating type. That thing is when I see the price is down too deep and I am too late to sell at the highest price. And fortunately, now I can be patient to wait for the price to increase again.

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October 19, 2018, 12:49:21 PM
 #311

What prevents to make various operations with cryptocurrency on other exchanges, although it is quite possible that it was not because of the exchange, but because of the number of gwei!
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October 19, 2018, 05:57:48 PM
 #312

And that is exchanges who are keeping coins/tokens hostile for a long period of time. When I deposit or withdrawal from an exchange often times it just keeps it in pending status. Now I'm waiting for an idex deposit, 4 hours passed. My worst case was a withdrawal at cryptopia which took 30 days.

Crypto is not ready to be adopted by the masses. Lots of suicides would be the result...
With IDEX, I have never had a problem. Maybe you need to increase the commission on GAS or GWEI. You can always check it out on the ethgasstation.info website. There were no problems with Cryptopia either.


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October 19, 2018, 06:34:39 PM
 #313

I am disappointed in the cryptocurrency that many coins are very low, and at the same time a large Commission, so I now avoid such exchanges and wait for good options.

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October 19, 2018, 11:23:16 PM
 #314


For me, the  most frustrating is after an ICO has finished and the required funds were raised
that  the Team does not work as they promised. They are not in hurry anymore with the project
progress as they should be and enjoying in their new offices. Luckily, it is not in general.

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October 19, 2018, 11:48:53 PM
 #315

And that is exchanges who are keeping coins/tokens hostile for a long period of time. When I deposit or withdrawal from an exchange often times it just keeps it in pending status. Now I'm waiting for an idex deposit, 4 hours passed. My worst case was a withdrawal at cryptopia which took 30 days.

Crypto is not ready to be adopted by the masses. Lots of suicides would be the result...

I think the most frustating thing about crypto is the price is falling down. It will make people panic . People always become so nervous if the price is collapse. They become lose their mind if this kind of situation happen.
That the price of a currency or an asset goes down is something that is completely normal in any market, so if that frustrates you then you should either think if it is the right decision to invest in this market or find a way to accept that the volatility of this market is going to continue for a lot of time and instead of complaining about it you should try to get advantage of it.
if these guys never want to see their assets go down due to the bearish trend and then they must go out from this market. they must have known about all of the risks by investing on the cryptocurrency right now. Everyone must remember about this was a speculation market and then they must have very well known about the situation on this market.
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October 22, 2018, 09:44:47 AM
 #316

And that is exchanges who are keeping coins/tokens hostile for a long period of time. When I deposit or withdrawal from an exchange often times it just keeps it in pending status. Now I'm waiting for an idex deposit, 4 hours passed. My worst case was a withdrawal at cryptopia which took 30 days.

Crypto is not ready to be adopted by the masses. Lots of suicides would be the result...

The main problem is lack of projects that really could change our world to the better. Most are just useless copies and it makes me upset.
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October 22, 2018, 10:21:52 AM
 #317

I think the way out of these is to stick with only few credible exchanges and keep other coins in wallet that is not of exchange. And if you have some tokens that is not listed on popular exchanges, you just need to get them sell off and withdraw your money immediately.
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October 22, 2018, 11:11:15 AM
 #318

Market that does not want to grow. There were so much hype and now it seems that world does not care about crypto any more. It is very frustrating.
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October 22, 2018, 11:26:13 AM
 #319

The way to avoid these problems of unprofessional behavior is to stick to top 3 exchanges or so, and keep other coins you have in a non exchange wallet, until they are listed and ready to be traded on a world class crypto exchange.

Be vigilant in every move here in crypto world exchange sites play a vital role of our token be wise to choose certain exchange and also what coin are we going to hold for long period of time. Be patience.
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October 22, 2018, 11:57:55 AM
 #320

This situation will be replayed in the future so any time so relax and get it. Such changing is able to give to some coins an opportunity to grow but it kills others.
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