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Author Topic: Blockchain technology is not a trend  (Read 1492 times)
gabriela1999
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June 22, 2018, 03:13:40 PM
 #21

blockchain is a trend for the future.  Many areas have started to use blockchain technology to replace obsolete technologies.  However most people are involved in market only the majority are for profit.  They only know bitcoin eth xrp ... crypto. they forget the technology behind the blockchain.

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June 22, 2018, 03:14:15 PM
 #22

Yes, many people who jumped lately in the crypto market lose their money as they dint knew the trends in the crypto industry. Most of the people just don't know what blockchain technology is or how it can power the world. Blockchain is surely a future technology which has its application in very field and has great scope in the future. So, a smart investors would never sell all his BTC when their is a dump in price but wait for a rise in the price.


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June 22, 2018, 03:52:29 PM
 #23

Lots of people are lack of knowledge about blockchain technology some of them thinks that bitcoin will scam their money due of many scam investments issues spread on the internet, I hope bitcoin will increase again and overtake the last year price.
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June 22, 2018, 04:01:19 PM
 #24

Blockchain technology is very good function only some people have not really feel the benefits, maybe only in some countries only. This technology if put to good use by everyone I think will be a trend.
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June 22, 2018, 04:02:53 PM
 #25

If you ask ordinary people then yes it is true, not all people know about blockchain technology. But with big companies, it is certainly a thing. Most of the people learned about bitcoin when it was in the hype of 17,000 USD but ended up losing instead of gaining.
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June 22, 2018, 04:04:54 PM
 #26

It's certainly not just a trend, because it has legitimate uses and potential. I'd say it currently is a trend though. Everyone tries to use it for anything and everything though, that it just seems like they're using the blockchain just for the sake of using it because it attracts customers and investments. From ICOs with absurd proposals to full blown ponzis like Bitconnect, it just seems like everyone is trying to milk its recent popularity.

I do completely agree that blockchain technology is here to stay though. We have yet to see groundbreaking applications outside crypto, but there are be plenty of legitimate projects underway. The tech is very much still in its infancy, and it's only going to get better from here on out.

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June 22, 2018, 04:08:59 PM
 #27

I disagree with the OP. Blockchain technology is a trend. But this technology is implemented only by specialists. Ordinary users are not interested in the technical aspects of cryptocurrencies. They are only interested in the end result. I think it is right. Everyone should do their job. Geniuses units and use their inventions in the millions.
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June 22, 2018, 04:12:47 PM
 #28

Well it is obviously a trend. I get calls all the time about it.  Roll Eyes
There is hardly a large tech company without a blockchain group now. I don't understand what 90% of the population has to do with it. For that matter I bet 99.9% of people have absolutely no clue about how the IP protocol works, yet they use it every hour of every day. 

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June 22, 2018, 05:01:38 PM
 #29

Now only a small audience of people knows about the cryptocurrency and BlockChain technology, and how to use this technology is known to even fewer people. That is why, as soon as this technology will be more famous, we are waiting for takeoff. The potential is huge.
most ordinary people will not know more about this modern technology if they have not gained evidence if blockchain technology is able to provide many benefits to its users. they will only be interested if this technology can easily provide benefits for its users, for example bitcoin is a type of digital currency that has a valuable asset value and can be sold traded so that by utilizing this technology everyone can easily generate profits, especially able to make money by doing trading on this digital currency
RamonBTC
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June 22, 2018, 05:10:04 PM
 #30

The truth of life of blockchain and bitcoin market oppression. If the mainstream wanted a trend this would be a different story that we are dealing of today. The media is paid not teaching and spreading the positive and good used of blockchain that’s why none technology savvy individuals won’t understand and will not ever heard this.

Information drive is laterally forced to be ignored and hide by the financial giants that maybe affected by blockchain.

That will never be permitted by the government officials that is dummy by banks investors to happen.
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June 22, 2018, 05:10:33 PM
 #31

Bitcoin always get attack my bad news and now Bithumb incident really affect on bitcoin very much.
When bitcoin's enthusiasm reach the highest peak on last December and it's continue downtrend because it's try to adjust people's demand over the world !

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June 22, 2018, 05:23:11 PM
 #32

Lots of people are lack of knowledge about blockchain technology some of them thinks that bitcoin will scam their money due of many scam investments issues spread on the internet, I hope bitcoin will increase again and overtake the last year price.

What I think Bitcoin will be thanks for coming cryptocurrencies wait I am saying this it has no support when it's starting but no it has a lot of uses we don't need any other support the value in placing a lot so I think it'll be came up soon with your huge.

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June 22, 2018, 05:43:00 PM
 #33

The people who are investing should do all the research . If someone is investing without doing proper study, it is his fault.
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June 22, 2018, 10:00:03 PM
 #34

Yes, blockchain is not a trend, because people do not trust innovative technologies. This is due to the fact that many do not want to spend time studying and understanding this topic.
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June 25, 2018, 08:38:39 AM
 #35

Yes I think those who know what it is they don't panic so hard, panic reaction is popular among the guys who are here just for the money, so they are afraid of losing their money, and this is the main aspect.
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June 25, 2018, 09:57:06 AM
 #36

Yes, blockchain is not a trend, because people do not trust innovative technologies. This is due to the fact that many do not want to spend time studying and understanding this topic.


In my humble opinion, this is one of the biggest enemies of progress, in my country, everybody is similar to Grandma, who will tell that everything is evil and untrustworthy. So really not a big amount of people are ready to try something new.
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June 25, 2018, 10:37:03 AM
 #37

I have seen many people talking about Blockchain without even knowing what it is. Usually, they were promoting scam projects and they wanted to draw attention by using cryptocurrencies. Thanks to the media more and more people have a chance to learn about Bitcoin. The interest in Bitcoin seems to be lower than a few months ago probably due to lower price. Let's hope that they people won't ditch Bitcoin because of decreasing price and focus on the technology.

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June 25, 2018, 12:25:11 PM
 #38

you are correct blockchain technology is very newlgy born. that is why it is not so much popular in anywhere. it is quite normal many people do not have any idea about blockchain technology or any cryptocurrency.
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June 25, 2018, 12:25:47 PM
 #39

Blockchain technology will have a wide range of applications!
The blockchain will have broad space for development in the fields of financial technology, cultural and creative fields, internet of things, supply chain and medical services.
The decentralized thinking of the blockchain will become a trend!
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June 25, 2018, 12:58:09 PM
 #40

You are right, the most people joined to bitcoin in the search of fast profit. I think not everyone here in the forum know what Blockchain exactly is and how it works. Probably I am one of them, to me Blockchain is the technology for business, but not to me as to individual, maybe that's why I'm not so interesting in its progress. But as I know from news the technology is true hit and many big corporations involved it in their activity already.
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