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Author Topic: There is no need to panic!!!!!  (Read 2686 times)
yansen
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September 26, 2018, 03:54:17 PM
 #101

thank you for making me think backwards and see your information. maybe that's true, when the initial phase of blockchain will be a lot of rejection because testing hasn't arrived at a strong security point. while progress on blockchain cannot be prevented. some countries still legalize bitcoin because I think they haven't studied bitcoin. but time is running and blockchain technology is growing every day. so that I believe that someday it will be used by all countries in the world.
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Serious Miner
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September 26, 2018, 03:55:53 PM
 #102

I agree with you that blockchain technology will live on just like any other innovation for example internet. Now the blockchain is still too young and few countries take it seriously. Many countries have not accepted this technology yet. But I hope people are going to go for the transaction through cryptocurrencies in the near future. So there is no need to panic.
BartS
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September 26, 2018, 03:56:44 PM
 #103

I think developers have to start working on mass adoption of their coins, once they have done that, everything will be much easier. Now the problem is that maybe a 10% know or heard about bitcoin at least once, but probably less than 1% is active in the crypto community learning about it and maybe investing in some cryptocurrency.
That is not a problem that the developers can solve, what are they going to do? Are they going to try to make people adopt cryptocurrencies by force? There is nothing to do, if people want to adopt cryptocurrencies then they will do, and if they do not want to then they won't, we have seen that people that are in difficult circumstances because the governments of their countries have imposed laws and regulations that destroyed the economy have adopted bitcoin out of necessity.
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September 26, 2018, 03:58:58 PM
 #104

The blockchain technology at this stage can be compared to the internet at its early stages, where mass adoption was also an issue. The internet was actually invented in 1969 but didn't get adopted until the 1990s, even then it wasn't accessible to everybody. But it has now become a necessity in every industry and for everybody worldwide.
The blockchain technology is at its infancy stage and it is already making innovations in different industries. Though there are a lot of restrictions against it presently and some nations do not want to adopt it, but it is not a technology that can be stopped and it will surely gain mass adoption with time.

What is your opinion about the blockchain technology?
Indeed true. The situation recently simply proves that market would always be able to recover despite of long term downfall. If ever the increase at this moment would be continuous , regrets would be surely to those who did panic selling early this year for not believing on the capabilities of the cryptos. This should be something to be remembered whenever the market is falling.

sirminesalot
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September 26, 2018, 04:02:30 PM
 #105

I think there's no reason to be panic, if you seek some reviews in the fast of crypto the down of token values always happen , but it is always resolved , so why panic?
panic occurs when a person cannot control emotions and situations so that panic arises. everything that happens with crypto must be accepted because it is normal and there is no need to panic. panic will only plunge us into loss.
munify
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September 26, 2018, 04:04:59 PM
 #106

Right, panic is not necessary. Falling the market does't mean being the end of crypto and leaving huge losses. The fall of the market makes crypto values fall low, but that does't mean we lose and we only lose if we sell low, be patient in the future will definitely increase again.

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September 26, 2018, 04:07:26 PM
 #107

The blockchain technology at this stage can be compared to the internet at its early stages, where mass adoption was also an issue. The internet was actually invented in 1969 but didn't get adopted until the 1990s, even then it wasn't accessible to everybody. But it has now become a necessity in every industry and for everybody worldwide.
The blockchain technology is at its infancy stage and it is already making innovations in different industries. Though there are a lot of restrictions against it presently and some nations do not want to adopt it, but it is not a technology that can be stopped and it will surely gain mass adoption with time.

What is your opinion about the blockchain technology?
Yep agreed with that, i'm pretty sure this blockchain technology can become bigger on the future. Like you said, it's like on early stages and i'm sure on the next 5-10 years blockchain will be used by many big corporate and business. The potential of blockchain technology is really big. Actually people are not panic about blockchain, but about the cryptocurrency price and market right now.

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September 26, 2018, 04:08:12 PM
 #108

I think there's no reason to be panic, if you seek some reviews in the fast of crypto the down of token values always happen , but it is always resolved , so why panic?
panic occurs when a person cannot control emotions and situations so that panic arises. everything that happens with crypto must be accepted because it is normal and there is no need to panic. panic will only plunge us into loss.
Panic can happen to everyone, but we need to fight it, we need to keep our emotions and feelings deeply with ourselves so as not to make mistakes.

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September 26, 2018, 04:15:00 PM
 #109

The concept of blockchain is great, but Bitcoin itself is a hugely wasteful use of resources. People need to look into alternative cryptocurrencies more. Currencies like GridCoins and many others provide utility while generating the currency, instead of just wasting electricity.
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September 26, 2018, 06:16:41 PM
 #110

The blockchain technology at this stage can be compared to the internet at its early stages, where mass adoption was also an issue. The internet was actually invented in 1969 but didn't get adopted until the 1990s, even then it wasn't accessible to everybody. But it has now become a necessity in every industry and for everybody worldwide.
The blockchain technology is at its infancy stage and it is already making innovations in different industries. Though there are a lot of restrictions against it presently and some nations do not want to adopt it, but it is not a technology that can be stopped and it will surely gain mass adoption with time.

What is your opinion about the blockchain technology?

You've determined the main problem which is a significant time lag between the creation and acceptance of the technology. Blockchain will definitely be adapted in the world, but nobody knows when, and many alts will disappear after 10 years of being unaccepted. Few coins will survive, but we wanna get profit just now
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September 26, 2018, 06:19:34 PM
 #111

What is your opinion about the blockchain technology?
That's what I have suggested some of my friends. We need to wait or think for a long time for having a good future. Not 10% of the people use cryptocurrency right now. If it hits 20%, the price or situation will be changed automatically.

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September 26, 2018, 07:43:04 PM
 #112

The blockchain technology at this stage can be compared to the internet at its early stages, where mass adoption was also an issue. The internet was actually invented in 1969 but didn't get adopted until the 1990s, even then it wasn't accessible to everybody. But it has now become a necessity in every industry and for everybody worldwide.
The blockchain technology is at its infancy stage and it is already making innovations in different industries. Though there are a lot of restrictions against it presently and some nations do not want to adopt it, but it is not a technology that can be stopped and it will surely gain mass adoption with time.

What is your opinion about the blockchain technology?
Yeah, bitcoin is still in its infant stage and needs more development. But you can't compare internet with bitcoin and its technology. The amount of barricade this technology is facing cannot  be weighed up with the problems internet was facing back then. First of all, the internet had government support and appropriate steps were taken to educate people about the internet. Even they were encouraged in every step. But in the case of bitcoin, we are not getting those support and instead fear is being spread. This is actually hampering the development of this technology. We need to over come this problems so that we can make the usage of bitcoin mainstream. 

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renes
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September 26, 2018, 08:26:56 PM
 #113

I agree with that people have just started to explore this technology and built on it, it is alright and basically nothing to do with the panic people have.

How many of those new projects will fail? you will have lots of time to panic don't worry.
socksserver3
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September 26, 2018, 08:28:25 PM
 #114

To my mind, there is really no need to panic because nothing is stable for 100% and always, however, to my mind, it is better to keep coins for some time now and this will bring you money
Btcirene88
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September 26, 2018, 08:48:48 PM
 #115

Absolutely correct, blockchain technology is on stage of popularity and i believe this will bring a huge effect on the society, industries and economy. Sooner or Later it will become acceptable by the whole world like what happen in the internet technology today, that is why we have a high confidence level that cryptocurrency would never dead as long as the blockchain is there to provide us. So we don't need to panic because this normal trends it will return to promising again.

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September 27, 2018, 07:17:01 AM
 #116

This technology is superb and many countries are adopting it in their various fields as this technology is full proof and cannot cracked by anyone. This can make a big role in future and no reason to panic as volatility is normal in this field. It is a normal tendency that always a wrong decision comes in panic and when panic over, we always regret for that decision.


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September 27, 2018, 07:22:45 AM
 #117

This is the best advice to all who have patience on the limit. At one time, I lost a lot of money due to lack of patience.
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September 27, 2018, 07:24:02 AM
 #118

blockchain technology is a fairly perfect security system. for many, the verification code-the code will make the system be safe from hackers. This is a technology that is widely applied in many ways and certainly becomes future technologies. as this was originally associated with crypto then indirectly when blockchain then will also bring great become increasingly crypto.
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September 27, 2018, 07:25:46 AM
 #119

Yes no need everything will be fine in right time.

rahul7timt
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September 27, 2018, 07:27:36 AM
 #120

very true, i think the same way. this technology will be adopted in future and there is no doubt about that. so we do not need to panic or worry just wait for the right time.
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