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Author Topic: Let's Fix This to Make Bitcoin Better  (Read 508 times)
yesyes18 (OP)
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July 10, 2018, 08:58:07 AM
 #1

We need to fix this. What in particular? Ourselves. If you're thinking we need to fix Bitcoin to make crypto better then in my opinion I don't side with you. Bitcoin has been created to liberate the economic world of so many hustles but we are trying to kill the motive. After Bitcoin and blockchain, several cryptocurrencies and blockchain initiatives have been developed to help make the world better, but at the end what do we see?
People try to scam people of their money and it scares everyone else who wants to join.
Some people manipulate the market to be in their favour (greediness and selfishness).
Some of us join bounties and cheat (why do you even do that).
Someone invests in a project and then sells below ICO price on the first day of trading...lol..
and so much more....

The fact is that the Bitcoin and blockchain initiative is good and liberative, but those of us who need to properly communicate it to the outside world are not "in our good shape" so at the end, every one gets scared to join. Let's fix ourselves and it shall reflect in the overall cryptospace. In the early days of BTC, those who had the zeal to propel the technology truly did with optimum enthusiasm but that character is not part of the latter adopters. Please a humble request- let's all change or until then the road shall be rough for us in this journey. Thanks for your attention.

eternalgloom
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July 10, 2018, 09:24:38 AM
 #2

Most of the things you've listed here are not problems that occur exclusively with Bitcoin or cryptocurrency.
These are just things that happen due to human nature, so unless you can find something that would make human beings less greedy, I don't see how this can be fixed.

It might be a bit negative of me to think this, but I really don't see how you could completely eradicate scamming and cheating.
Maybe in future societies things like this won't exist anymore, but it'll take a massive shift in attitude to solve it.

There are countries where you see extremely low crime rates, Japan comes to mind, but crime still exists even there.

kanayaTabitha
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July 10, 2018, 09:37:48 AM
 #3

Most of the things you've listed here are not problems that occur exclusively with Bitcoin or cryptocurrency.
These are just things that happen due to human nature, so unless you can find something that would make human beings less greedy, I don't see how this can be fixed.

It might be a bit negative of me to think this, but I really don't see how you could completely eradicate scamming and cheating.
Maybe in future societies things like this won't exist anymore, but it'll take a massive shift in attitude to solve it.

There are countries where you see extremely low crime rates, Japan comes to mind, but crime still exists even there.
yes in this case i agree to you .. nothing will change because greed and selfishness is indeed human nature. little solution is already there like america that has made kyc rules for investors and buyer tokens on first sale .. and lately there are some exchanges that try to destroy and manipulate the market so that the investors suffered big losses with prices far below the ICO, I think some of these exchanges must be followed up to legal entities .. if indeed they want to release a token they must first make a contract with the developer. I personally feel this .. finally I was afraid to invest at the beginning of the sale.
bitfocus
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July 10, 2018, 09:47:20 AM
 #4

Most of those points are Human Error - not Bitcoin or the Blockchain Issue.
keycellko
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July 10, 2018, 10:03:16 AM
 #5

Maybe you mean, let's fix this to make the world a better place. Its not only exclusive to bitcoin. What really makes it hard to make this world a better place is that people get too greedy. Greed makes this world the worst. We cannot simply attain success with too much greed. Bitcoin itself is all too much greed, i mean people who are in it. So if we want to be successful with cryptocurrency or bitcoin, then maybe we just have to focus first on fixing ourselves
etsonarrantes
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July 10, 2018, 02:21:21 PM
 #6

You are very very right. But what should we do to avoid scammers? Scammers are in everywhere, in every bussiness.. I don't understand how the people can be liar and cruel. Do they know that they hurt people when they scammed? I got scammed twice and lost $3k.. I hope God will punish them all.
Cryptominia
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July 10, 2018, 02:32:42 PM
 #7

Your right,we cant escape those scammers and hackers for doing bad things just only to earned.However if we become more alert and help ourselves for protecting our assets ,they cant maximize for sure their wrong doings. Don't let this things happen to us.
meanwords
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July 10, 2018, 02:42:24 PM
 #8

I agree that the cause of the problem we are facing right now is the greed of the people. Investors and medias alike tend to refer Bitcoin as an investment. It kind of hide the purpose of why was Bitcoin created in the first place. But I don't think that we could be able to fix "ourselves" as it is in our blood, a human nature I should say. I think maybe in the later years people will be able to see the real value of Bitcoin, its real purpose in the world. Let's just hope for the best.
yohananaomi
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July 10, 2018, 02:45:13 PM
 #9

Most of those points are Human Error - not Bitcoin or the Blockchain Issue.

it takes a lot of attention and to avoid the loss that happens when it happens

cold cool
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July 10, 2018, 02:53:58 PM
 #10

BTC can change the world, BTC can change the world's economic trend and financial market. So we shouldn't change the BTC.
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July 10, 2018, 10:28:14 PM
 #11

We need to fix this. What in particular? Ourselves. If you're thinking we need to fix Bitcoin to make crypto better then in my opinion I don't side with you. Bitcoin has been created to liberate the economic world of so many hustles but we are trying to kill the motive. After Bitcoin and blockchain, several cryptocurrencies and blockchain initiatives have been developed to help make the world better, but at the end what do we see?
People try to scam people of their money and it scares everyone else who wants to join.
Some people manipulate the market to be in their favour (greediness and selfishness).
Some of us join bounties and cheat (why do you even do that).
Someone invests in a project and then sells below ICO price on the first day of trading...lol..
and so much more....

The fact is that the Bitcoin and blockchain initiative is good and liberative, but those of us who need to properly communicate it to the outside world are not "in our good shape" so at the end, every one gets scared to join. Let's fix ourselves and it shall reflect in the overall cryptospace. In the early days of BTC, those who had the zeal to propel the technology truly did with optimum enthusiasm but that character is not part of the latter adopters. Please a humble request- let's all change or until then the road shall be rough for us in this journey. Thanks for your attention.


The statement you wrote are is normal for the human being even any kind of transactions of project are they people have an dirty mind need didn't happy if can't make bad things to the other specially bitcoin and cryptocurrency are very exciting jib to make bad things those people expert in the new techonology.

zenrol28
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July 10, 2018, 10:40:08 PM
 #12

It is all human nature. We can't stop them from doing those kind of things. But yes, it starts with ourselves. Just keep on holding what you believe what is right and forget about the others. Soon, they'll will see that you're quite right. Just be patient, all of us here are.

taguig
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July 10, 2018, 10:45:27 PM
 #13

People just want to make profits from every possible way they just want to explore the financial features of blockchain, this is the reason we have never-ending ICO, whales manipulation of Bitcoin's price and of course so many spams here in Bitcointalk because of bounty rewards.
hatshepsut93
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July 10, 2018, 10:58:18 PM
 #14

n the early days of BTC, those who had the zeal to propel the technology truly did with optimum enthusiasm but that character is not part of the latter adopters. Please a humble request- let's all change or until then the road shall be rough for us in this journey. Thanks for your attention.

In the early days of Bitcoin there was like a few thousands enthusiasts and Bitcoin was more of a hobby, an interesting project for coders and social activists. You have to realize that times have changed and a lot of people are here today just to grab some quick money. If the hype will die, the things will start resembling the early days, with people being more interested in technology and actual use than the price. This doesn't mean that the price need to crash, all we need is just lower volatility and less "get rich quick" schemes like ICO's and bounties. Eventually it will happen in the future, because the hype can't last forever, so don't worry too much about it.
Al-e_x
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July 10, 2018, 11:01:21 PM
 #15

in the end I think this is a market monopoly system, who are we? we are just a small trader who has hope to benefit from the crypto world, we can not control the market.

who are we ? we are just a small investor who has small pieces of crypto assets.

your theory is very good, but your theory will not change the conditions in the market.
asmasadiq
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July 10, 2018, 11:02:42 PM
 #16

Most of the things you've listed here are not problems that occur exclusively with Bitcoin or cryptocurrency.
These are just things that happen due to human nature, so unless you can find something that would make human beings less greedy, I don't see how this can be fixed.

It might be a bit negative of me to think this, but I really don't see how you could completely eradicate scamming and cheating.
Maybe in future societies things like this won't exist anymore, but it'll take a massive shift in attitude to solve it.

There are countries where you see extremely low crime rates, Japan comes to mind, but crime still exists even there.
It's really very unfortunate to say that such scams could not be eradicated completely due to the decentralised nature of crypto currencies.
Akpuv
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July 10, 2018, 11:53:55 PM
 #17

I really do agree with you. There have been too many scams in this cryptocurrency, and if those attitudes are not stopped or curtailed, we all might be ruined. We need to start being positive and do things right.

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IndigoRed
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July 11, 2018, 12:39:23 AM
 #18

It is all human nature. We can't stop them from doing those kind of things. But yes, it starts with ourselves. Just keep on holding what you believe what is right and forget about the others. Soon, they'll will see that you're quite right. Just be patient, all of us here are.

Correct. it’s a human error, and the technology is not to blame. So perhaps, this is where a form of regulation comes in. What Alina Dibrova wrote in her paper on virtual currencies makes a lot sense. She said that the real concerns about virtual currencies are not based on its use and creation, as much as their potential in being misused. That is why there is a perceived need for regulation. What is clear though is that virtual currency has a future and will continue to do so.

Indrawan77
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July 11, 2018, 12:40:44 AM
 #19

Most of the people only interested in making profit, they don't really care about the feature or the potential that biycoin offered and we can't control people's to do bad thing with bitcoin, if everyone can used bitcoin for positive thing then it will be great, bitcoin will be easier to be accepted, but most people like to get greedy and want the easy money, some even feel proud to be able to make big money by scamming other people, so it's really hard to hope other people to have the positive mindset
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July 11, 2018, 01:32:28 AM
 #20

The reality is most people are into making a profit and with or without, you can try to make bitcoin better but it still has to improve in other aspects of its overall features
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