Blockchain technology is not a trend

[timotron]

Hi all,

Not many know about, my experience in the last year was anyway better, more people than I short are hearing about, but as you say, not about the technology.
  Most of them are just fixed at the price and the fact that the price dropped has a bad thing. What a opportunity to go in!

We crypto fans are at a good position, far ahead in the game.

Good day.

[signaturecoin]

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.

[Viscore]

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.

Actually we considered these as another great development in current world.  Yet,  still a lot of things need to work on and so government will give full support on it.  If everything will be fine, then blockchain technology will surely be accepted around the world.

[Sahyadri]

Blockchain tech is not for an average person. It is for businesses and big institutions. The avg person is a user not a creator. If businesses adopt blockchain tech, an avg person need not to know about it. The tech is only going to make things each for him. He doesnt need to know about the underlying technology unless Of course he is an investor in some cryptocurrency.

[HyperLup]

Actually most people don't know the history and details of money but used in everyday life. The person will not know the details of the blockchain technology but will adapt to the system when it is used in daily life.

[Jerryzack2]

I absolutely agree with most views here. People don't need to understand what blockchain is, but let them know what it can do because, this will drive their curiosity to learn about blockchain. Projects like mfchain which is targeting mass adoption is what the community needs. Crypto community needs projects that will bring blockchain to the people.

[xlmlover]

Blockchain is recognized as the future technology of human resources. Blockchain is a technology infrastructure that is behind virtual currencies, and other digital currencies. With Blockchain financial transactions are safe without the need for third party intervention or financial institutions. As a technology for the future of human resources, Blockchain has major implications in this field in the world.

[MinSiu]

I think that blockchain is a technology trend now. People know more about it and want to use it. As new technology is developing more and more, I believe that blockchain will always be our new trend

[daarul50]

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.

[Wodomi]

Everyone knows bitcoin and crypto-currencies, but many people do not understand the slightest part of the crypto-currency and blockchain because they have never delved into it.

Blockchain technology is a revolutionary discovery that is the brain of bitcoin, because it reduces the obstacles that exist in conventional transactions, such as the role of the bank, the length of time, and reducing costs. Efficiency factors in blockchain can also be applied in various fields, such as agriculture, trade and others. Some banks also adopt blockchain technology for efficiency and security.

[randegibran]

For that, people should know first what blockchain technology ?, which they know is only the price and they don't know what their functions are, it is worth a lot of people who suffer losses, if this technology is understood I am sure investors and crypto fans will be very trustworthy and confident about this technology

[tbterryboy]

Everyone knows bitcoin and crypto-currencies, but many people do not understand the slightest part of the crypto-currency and blockchain because they have never delved into it.

The main wrong point here is that if you talk to avarage person more 0.01 out of 10 would know what bitcoin is. The main discussion started as "9.9 out of 10 wouldn't know what blockchain is and even if they do they only know bitcoin" and that's not true. Thanks to media and global coverage of the huge increases last year more people than that got involved into bitcoin and even much much more of the others heard what bitcoin is.

I am pretty sure billions of people heard what bitcoin is already which means blockchain IS a trend and everyone talks about how blockchain can improve many sectors. Do not undersell bitcoin, everyone around the world heard about it. My dad and mom who doesn't still understand what coding exactly is knows what bitcoin is.

[mensahkkofie]

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.

[pinoyden]

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 .

[Riingdian]

Blockchain is used primarily as a word for people who are afraid of using the term Bitcoin or electronic money because they often speak negatively in the media.

[RadjorBlade]

Everyone knows bitcoin and crypto-currencies, but many people do not understand the slightest part of the crypto-currency and blockchain because they have never delved into it.

Because people don't understand what the blockchain is and how it works so they think it's just ordinary technology that is no different from the technology that has existed so far. They do not know the advantages of blockchain technology which if implemented perfectly can change lives because it is very efficient, easy and safe.

[ShadowBits]

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.

Why do we call it a trend anyway? It is a new technology that has to be understand fully before we can adapt it properly.

[ganjasmokingg]

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.

I think with the benefits that blockchain technology gives the user, it will be used more in the future. Because it can do much more than crypto trading, but many people do not understand that and they only care about the blockchain when the price of the bitcoin increases. That is really wrong

[okala]

Op you are right and blockchain technology is not really a trend and many populars personality did not know what is blockchain technology and how it works.  That is why I and you have a duty to promote blockchain technology and cryptocurrencies system.  We have to tell everybody we meet until blockchain technology can be adopted to all our financial system.

[adzino]

9.9 out of 10 people did not hear about blockchain? Are you sure about this? Its not the case over here. And how come you have a fraction number?
Anyways, the reason behind this is people talk about "bitcoin" not about the "technology" behind bitcoin/cryptocurrencies. Thus, all they know is that bitcoin is a form of digital currency, but does not know how this currency is working. This is another reason why people are unaware of the true potential of crypto currencies. Hope people will start to get to know more about the technology rather than just the usage of it. This in turn will help us make the adoption of crypto currencies stronger.