Blockchain technology is not a trend

[yugyug]

Blockchain is a techical jargon that most ordinary people did not know what is all about unlike bitcoin which could be a household name sooner. Although it is the backbone of the bitcoin but people don't care about it but for business minded individual, corporate people, high intelligence person it is a trend because this technology is new to them. Blockchain is not for everybody that is why it could not be a trend because it is hard to explain in a layman's term and in consumer-based level.

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[horrifiedx1]

Blockchain is a techical jargon that most ordinary people did not know what is all about unlike bitcoin which could be a household name sooner. Although it is the backbone of the bitcoin but people don't care about it but for business minded individual, corporate people, high intelligence person it is a trend because this technology is new to them. Blockchain is not for everybody that is why it could not be a trend because it is hard to explain in a layman's term and in consumer-based level.

with more and more people using it, is that not a trend? I think easily, the blockchain is becoming a trend for those who want convenience and speed, so that the trend continues with the increasing number of people using

[malading]

This is the wrong view. When the average person knows what the blockchain is, the value space of the blockchain is gone. You can't imagine how the blockchain will change humans. Blockchain is very important for human information civilization. When you are old, you will understand everything I said.

[cc80aa]

  That is confusing in the reality blockchain technology is a  system we cannot get a trend without a maintreams we need data uploaded to be trending.last time have a big maintreams in 2017 first time bitcoin bullish.

[resty]

Talk to an average person, and 9.9 times out of 10, they’ll have no idea what blockchain is, with the exception of maybe Bitcoin. If they do know, it’s surface level details at best.

When a trend emerges, some people don’t want to wait to see how things play out — especially when there’s money to be made. Perhaps this story can be an example:

Remember the massive excitement Bitcoin last year? Speculative investment exploded. As the price soared, it gained public appeal. And legitimacy. And a lot of people made a lot of money, very fast.

Then the price dropped by 50%.

By the time Bitcoin’s value plummeted, it seemed like most people had lost faith. But that “lost faith” reaction really only happened among those who had jumped into space at the last minute, hoping to enjoy Bitcoin’s climb. People with knowledge of blockchain and cryptocurrencies saw this coming— in some way, shape, or form. Active participants in the emerging industry were hardly surprised by the plummet in price that followed. These are “growing pains” that arise with any new technology.

Unfortunately, that patience was not widespread. Many people who jumped into the industry looking to make a quick buck ended up jumping back out at its lowest slump. They chalked their ill-timed participation as the fault of blockchain being a “trend,” opposed to looking at the long-term nature of what it means to build something globally impactful — and the rising (and falling) tides that come with such a massive undertaking.

This is why, as markets begin to recover (and they already have), and new variations of blockchain technology cement themselves into our everyday lives, everyone from general consumers to high-profile investors need to have a firm understanding of the tech.

People might be considered themselves as a profitable person from their task beings as a Bitcoin user or holder but regarding to the word black chain technology is not too much familiar by people on what is the exact definition of blackchain technology

[fipper]

in my opinion the blockchain is a necessity needed to answer the development of technology and the development of the era and there is an economic system that uses advances in technology and systems that I think is a blockchain

[AIDUS]

i think if more people know about blockchain, ICO, virtiual money our socity will be more modern

[Crafts12]

Talk to an average person, and 9.9 times out of 10, they’ll have no idea what blockchain is, with the exception of maybe Bitcoin. If they do know, it’s surface level details at best.

When a trend emerges, some people don’t want to wait to see how things play out — especially when there’s money to be made. Perhaps this story can be an example:

Remember the massive excitement Bitcoin last year? Speculative investment exploded. As the price soared, it gained public appeal. And legitimacy. And a lot of people made a lot of money, very fast.

Then the price dropped by 50%.

By the time Bitcoin’s value plummeted, it seemed like most people had lost faith. But that “lost faith” reaction really only happened among those who had jumped into space at the last minute, hoping to enjoy Bitcoin’s climb. People with knowledge of blockchain and cryptocurrencies saw this coming— in some way, shape, or form. Active participants in the emerging industry were hardly surprised by the plummet in price that followed. These are “growing pains” that arise with any new technology.

Unfortunately, that patience was not widespread. Many people who jumped into the industry looking to make a quick buck ended up jumping back out at its lowest slump. They chalked their ill-timed participation as the fault of blockchain being a “trend,” opposed to looking at the long-term nature of what it means to build something globally impactful — and the rising (and falling) tides that come with such a massive undertaking.

This is why, as markets begin to recover (and they already have), and new variations of blockchain technology cement themselves into our everyday lives, everyone from general consumers to high-profile investors need to have a firm understanding of the tech.

Very well said. Although the technology is really advancing, people still doesn't aware of what a blockchain technology is. They are so quick to judge the cryptocurrency like bitcoin without studying it more. Many people speculate that bitcoin is scam based on wht the hater of it said and the news that flashed but little did they know that it can actually help an individual.

[yatogami]

Talk to an average person, and 9.9 times out of 10, they’ll have no idea what blockchain is, with the exception of maybe Bitcoin. If they do know, it’s surface level details at best.

When a trend emerges, some people don’t want to wait to see how things play out — especially when there’s money to be made. Perhaps this story can be an example:

Remember the massive excitement Bitcoin last year? Speculative investment exploded. As the price soared, it gained public appeal. And legitimacy. And a lot of people made a lot of money, very fast.

Then the price dropped by 50%.

By the time Bitcoin’s value plummeted, it seemed like most people had lost faith. But that “lost faith” reaction really only happened among those who had jumped into space at the last minute, hoping to enjoy Bitcoin’s climb. People with knowledge of blockchain and cryptocurrencies saw this coming— in some way, shape, or form. Active participants in the emerging industry were hardly surprised by the plummet in price that followed. These are “growing pains” that arise with any new technology.

Unfortunately, that patience was not widespread. Many people who jumped into the industry looking to make a quick buck ended up jumping back out at its lowest slump. They chalked their ill-timed participation as the fault of blockchain being a “trend,” opposed to looking at the long-term nature of what it means to build something globally impactful — and the rising (and falling) tides that come with such a massive undertaking.

This is why, as markets begin to recover (and they already have), and new variations of blockchain technology cement themselves into our everyday lives, everyone from general consumers to high-profile investors need to have a firm understanding of the tech.

Of course, this speculative rush in late 2017 harmed the credibility of cryptocurrencies, but the positive moment here is that millions of people got to know what blockchain is.
Apparently, yet another 5-10 years are needed for blockchain to be widely recognized and used around the globe, since this technology in its current state is still too immature.
More tech specialists are needed, who could not only write an Ethereum contract but implement more complicated blockchain-based systems into various spheres of our life.
So prepare your popcorn and watch the victorious march of crypto..

[mcTether]

. Many people who jumped into the industry looking to make a quick buck ended up jumping back out at its lowest slump. They chalked their ill-timed participation as the fault of blockchain being a “trend,” opposed to looking at the long-term nature of what it means to build something globally impactful — and the rising (and falling) tides that come with such a massive undertaking.

The reason you have stated here is not enough reason to say the blockchain technology is not a trend. Most organisations are already planning to move their businesses in this direction.

[Sirait]

Blockchain technology will become the technology of the future, if you ask the public then they don't know and will definitely give a strange answer. Blockchain technology is being continuously developed and believe, Blockchain, AI, Robot, DNA reconstruction, VR, AR, and IoT is the technology of the future and will be a trend in the future...

[efxtrader]

If you are asking random people about blockchain, off course not all people understand about blockchain technology. For Company, Blockchain right now is new thing that they want to explore and i am believe in near future more company will use blockchain technology.

[yndye]

Blockchain technology will become the technology of the future, if you ask the public then they don't know and will definitely give a strange answer. Blockchain technology is being continuously developed and believe, Blockchain, AI, Robot, DNA reconstruction, VR, AR, and IoT is the technology of the future and will be a trend in the future...

Blockchain technology is not common knowledge and even me, I cannot exactly define blockchain technology in technical terms because I am not that familiar when it comes to the technicalities of it. I can understand though the basics of how it functions and how it can help in several industries so that their transactions would be efficient and effective. In the future though when people are more familiar with cryptocurrencies then they can easily grasp the term and be able to describe it in simplest terms.

[Fromse]

If people understood blockchain technology and bitcoin very well the volatility wouldn't be so huge. People would invest with some understanding, patience and caution. Some of the projects utilizing blockchain technology should find a strategy to teach their investors about blockchain to give then a clear understanding of what they are actually investing in.

Blockchain technology is a broad issue and a whole topic on its own. No need to worry about the usual up and downs about the happenings in the world of cryptocurrency. My plan is to hodl my bitcoin and  hope for the best to happen. Patience is key in order to be successful in the world of crypto.

Those who are upset with down values, I refer them to please read good about bitcoin. You people direly need to get knowledge about bitcoin. Once you would have, you would never complain.

[ninuplanste]

People will never recognize blockchain technology to make transactions without them starting to use this technology to carry out various transactions in their daily lives. This technology will become a trend when everyone starts using it.

We are already using the blockchain technology during the time that we use crypto  but sadly most people didnt know it and thats the main reason why blockchain didnt become trendy however we wont know in the future   , i think if many people will constantly developing apps and software that is under the blockchain technology for sure this will greatly help to be able to recognized by the whole society .

It always happens with everything that is new in world. Some governments have approved it and others just banned. They think it would change their economic system and hence cause problems.

[DedgeDoge]

I believe that Blockchain technology will change the way people manage and grow stronger in the future and it is the great achievement of the 4.0 era.
The cryptocurrency market is a clear demonstration of the evolution of blockchain technology and it is increasingly applied in the lives.

Exactly this is one great technology that will change the economic system of my country if it is introduced. This will make the way easy for the arrival of Bitcoin and other internet companies that make lives easy.

[LieTOme]

Talk to an average person, and 9.9 times out of 10, they’ll have no idea what blockchain is, with the exception of maybe Bitcoin. If they do know, it’s surface level details at best.

When a trend emerges, some people don’t want to wait to see how things play out — especially when there’s money to be made. Perhaps this story can be an example:

Remember the massive excitement Bitcoin last year? Speculative investment exploded. As the price soared, it gained public appeal. And legitimacy. And a lot of people made a lot of money, very fast.

Then the price dropped by 50%.

By the time Bitcoin’s value plummeted, it seemed like most people had lost faith. But that “lost faith” reaction really only happened among those who had jumped into space at the last minute, hoping to enjoy Bitcoin’s climb. People with knowledge of blockchain and cryptocurrencies saw this coming— in some way, shape, or form. Active participants in the emerging industry were hardly surprised by the plummet in price that followed. These are “growing pains” that arise with any new technology.

Unfortunately, that patience was not widespread. Many people who jumped into the industry looking to make a quick buck ended up jumping back out at its lowest slump. They chalked their ill-timed participation as the fault of blockchain being a “trend,” opposed to looking at the long-term nature of what it means to build something globally impactful — and the rising (and falling) tides that come with such a massive undertaking.

This is why, as markets begin to recover (and they already have), and new variations of blockchain technology cement themselves into our everyday lives, everyone from general consumers to high-profile investors need to have a firm understanding of the tech.

blockchain is an economic system that uses advances in time and technology created to keep up with the times and technology of course so in my opinion the blockchain is not a trend but a necessity for the development of the era

[nightfury]

If blockchain technology is not a trend, then how can bitcoin became the mainstream already? Disrupting majority of the world where some countries who embraced it already admit how their economic status has improved since then. Even if others banned the use of crypto, it still a manifestation how trending blockchain technology is.

[yvesp110]

Talk to an average person, and 9.9 times out of 10, they’ll have no idea what blockchain is, with the exception of maybe Bitcoin. If they do know, it’s surface level details at best.

When a trend emerges, some people don’t want to wait to see how things play out — especially when there’s money to be made. Perhaps this story can be an example:

Remember the massive excitement Bitcoin last year? Speculative investment exploded. As the price soared, it gained public appeal. And legitimacy. And a lot of people made a lot of money, very fast.

Then the price dropped by 50%.

By the time Bitcoin’s value plummeted, it seemed like most people had lost faith. But that “lost faith” reaction really only happened among those who had jumped into space at the last minute, hoping to enjoy Bitcoin’s climb. People with knowledge of blockchain and cryptocurrencies saw this coming— in some way, shape, or form. Active participants in the emerging industry were hardly surprised by the plummet in price that followed. These are “growing pains” that arise with any new technology.

Unfortunately, that patience was not widespread. Many people who jumped into the industry looking to make a quick buck ended up jumping back out at its lowest slump. They chalked their ill-timed participation as the fault of blockchain being a “trend,” opposed to looking at the long-term nature of what it means to build something globally impactful — and the rising (and falling) tides that come with such a massive undertaking.

This is why, as markets begin to recover (and they already have), and new variations of blockchain technology cement themselves into our everyday lives, everyone from general consumers to high-profile investors need to have a firm understanding of the tech.

blockchain is an economic system that uses advances in time and technology created to keep up with the times and technology of course so in my opinion the blockchain is not a trend but a necessity for the development of the era

To some extent you are right we cannot say blockchain is the only technology people are using but one more thing is we need to accept now there are system which has been suffering issues because of safety but now after switching to blockchain that unsafe feeling has become vanished and people can think positively about investing into anything, we are in modern age where all of us are living a good life, so better to adopt blockchain as new technology for the safety of our investment.

[Ann Impas]

Many knew about bitcoin, less about cryptocurrency and very few about blockchain technology. I really believe that blockchain technology can help so many process in private companies and even government agencies. This technology can lessen corruption and streamline the process in order to be accomplish faster. God bless blockchain.