NorihiroName
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June 21, 2018, 08:10:48 PM |
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I think that it lacks decent projects and ICOs; most of new ones are focused only on the beautiful image and collecting investors money.
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Patpro
Jr. Member
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Activity: 125
Merit: 2
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June 21, 2018, 09:10:06 PM |
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I think price volatility is the major problem and is the reason why many organisations are refusing to accept Btc as a medium of exchange
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BLOCKVEST | PRIVATE SALE NOW | INNOVATING THE CRYPTO CURRENCYWORLD.The First Licensed & Registered Cryptocurr (https://blockvestico.io/)
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ArjCrypto
Newbie
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Activity: 52
Merit: 0
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June 21, 2018, 09:30:59 PM |
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There are just too many new projects. Amount of money stays the same but it has to be split in too many different projects zo everything goes down a bit. But in the end the best projects will survive.
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oxonhu
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June 21, 2018, 09:59:31 PM |
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main problem is cryptos are difficult to use in real life. if you have to pay someone with btc , first you have to register yourself in one big exchange than you have to pay some fee to buy btc , than its not so quick to send btc still slow even if you send it than reciever also have to make same process. so its hard to use for real life for now. but when big companies start to use btc as payment than cryptomarket will grow so much you cant believe. if amazon or alibaba accept btc as payment than no one can stop btc !!
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shinratensei_
Legendary
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Activity: 3234
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
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June 21, 2018, 11:18:25 PM |
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main problem is cryptos are difficult to use in real life. if you have to pay someone with btc , first you have to register yourself in one big exchange than you have to pay some fee to buy btc , than its not so quick to send btc still slow even if you send it than reciever also have to make same process. so its hard to use for real life for now. but when big companies start to use btc as payment than cryptomarket will grow so much you cant believe. if amazon or alibaba accept btc as payment than no one can stop btc !!
It's not the big problem, the real big problem is the volatility. This makes the merchant should liquidate their bitcoin as fast as possible to avoid the possibility of getting lost due to the volatility of the bitcoin itself. You can see that how some companies that accepted bitcoin have stated they must liquidate it just in some seconds.
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novita_gendut
Newbie
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Activity: 196
Merit: 0
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June 22, 2018, 01:36:01 AM |
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the biggest problem in the crypto market is the bear market that has not ended up yet and the crypto market has not been good yet and has not been able to return to a stable price, and with so many people holding their altcoins and waiting for a stable market price
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iASIC
Member
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Activity: 308
Merit: 10
AMA BCT
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June 22, 2018, 08:34:23 AM |
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It was a scammer, they would take away all my capital, only one mistake I had lost a great deal of capital so I always watch over them, which is what worries me most. in this market.
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samycoin
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June 22, 2018, 09:51:26 AM |
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All in above are the things that can be possible to happen because all of that is the problem in the market now. Market is so volatile now while whales have manipulation in the market. Security and regulations are maybe the one reasons too that's why the market is like this.
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jack05
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June 22, 2018, 09:57:47 AM |
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Cryptomarket has a lot different problems, these few which you write is only part of them. The biggest problem is that probably we will always face new and worse situations than current regulations or no impact on the market
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xiaoY
Member
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Activity: 448
Merit: 12
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June 22, 2018, 10:22:57 AM |
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Security and price manipulation, I think these two are the biggest problems affecting the current market. Many trading platforms are hacked and many investors’ wallets are stolen. These conditions have caused many people to suffer huge losses of property. Whales and platforms are The manipulation of prices has caused many retail investors to fear the encryption market! Both of these circumstances leave a large number of investors out of the market!
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cabin
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June 22, 2018, 10:25:37 AM |
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I think the biggest problem in the crypto market is price manipulation by those that have the largest share in the coin because they believe they can cash out when the price is high and wait for it to fall to a very low point again before they pump into it and this is also responsible for the volatility in crypto. I think another problem is the security because the rate of scam is high in crypto and this is discouraging to investors.
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gsg07
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June 22, 2018, 10:56:22 AM |
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I think all factors have a big impact. It is possible that, the the greatest influence is Regulation. People who have long been engaged in this, they are easier to analyze, since there is something to compare.
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cryptozombie14
Newbie
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Activity: 18
Merit: 0
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June 22, 2018, 11:29:29 AM |
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I think the major problem right now in cryptocurrency is the increasing number of fake projects and people just trying to scam the investors. I have been following menlo.one lately and they plan to tackle this problem by creating a community where incentives is given to valuable contents on each ICO on their platform.
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farwellbit
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June 23, 2018, 11:21:38 AM |
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Cryptomarket has a lot different problems, these few which you write is only part of them. The biggest problem is that probably we will always face new and worse situations than current regulations or no impact on the market
The biggest problem is the investors’ response to the market crash. Not all but many of them due to incomplete knowledge or information sell during the red market thus contributing to the red market. Also the volatility has also caused a bit chaos in the market but this volatility in other sense is good for those who have not invested yet and want to invest low. But besides so many problems, the technology has great future and promises a lot.
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dzelenyanskiy
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June 23, 2018, 03:00:23 PM |
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I think the biggest problem is the problematic identification of the personalities of scammers conducting fictitious ICO campaigns, which is the result of the imperfection of the legislation regulating operations with the crypto currency in the whole world!
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hasna17
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June 23, 2018, 03:58:53 PM |
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What will be the main problem right now in cryptocurrency I think is the increasing number of fake projects. Because many people are irresponsible by lure big rewards I have observed some new projects recently and this problem must be addressed for our convenience together.
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ckorbba
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June 23, 2018, 06:42:52 PM |
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What will be the main problem right now in cryptocurrency I think is the increasing number of fake projects. Because many people are irresponsible by lure big rewards I have observed some new projects recently and this problem must be addressed for our convenience together.
people use crypto currency for different values, but the fact is that the company's ico is being used for fraudulent purposes, because people want to easily earn money and do nothing at all.
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iram1011
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June 23, 2018, 06:52:04 PM |
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Volatility is an effect of price manipulation. As we saw in December last year, price manipulation through tether pumped the price heavily and now we are going through a correction which is again highly manipulated and we witnessed a price drop of 66%. Price manipulation is again linked to regulations. If we had a centralized system like other monetary platforms, price manipulation and pump/dump won't be that usual in the market. I don't think security is much an issue here. In cryptos you are responsible for the security of your tokens. Use cold storage for the better security. Don't trust much on exchanges.
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Dread Pirate Roberts
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June 23, 2018, 10:50:15 PM |
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-snip- Another?
Vulnerable from security of exchange and manipulation and abuse of exchange. You may think of a big exchange with a regular system and the security that is maintained by professionals is always safe. the reality is not like that because there must be a time gap where it will be a disaster for an exchange and user. and abuse of exchange that I mean such as allowing fraud funds into the exchange can also be a problem. because if the case begins to carry the law. exchange can also have an impact. +
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kodtycoon
Legendary
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Activity: 1568
Merit: 1002
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June 23, 2018, 11:09:48 PM |
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The biggest problem with the crypto market is the negative issue and the panic selling, so far that I see if there is a big country and also a big investor telling bad things on bitcoin then as the auto market will fall and that's what makes the panic selling happen. I think that's just the biggest problem where people still do not put high trust in cryptocurrency.
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