DragonETH
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Merit: 250
https://www.projecton.pro/
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October 12, 2018, 08:18:35 AM |
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Specifically in the next 5 years, what do you think will be the greatest challenge or problem that the crypto market will face, and how do you think the market will overcome this problem? I also wonder if AI can help crypto trading safer and free from hacking and scamming?
The big problem had been: - hackers in cryptocurrency exchange and token exchange. If this would be resolved ot will bring good news to many in cryptocurrency world. - scamming had been a problem, people who are taking advantage of people who had been earning hard for their families and business. - exchangers that has too high price in their exchange. We need a good exchanger who is more friendly with a fair enough payment. - a challenge in the crypto market because there are too many cryptocurrencies already. I think it will become a survival of the fittest. I think it will be fine if we Adopt the bests while eliminate the least. Just an opinion. I don’t even know how it can be. - too many ICO, who will determine what must be accepted and what is not. - we need more people into cryptocurrency, do we share cryptocurrency to people or are we just keeping it to ourselves? - we need each other to encourage one another in cryptocurrency not to pull down. We help each other because others need us as well. most of these problems should be solved by the emergence of a new technological product for cryptocurrencies, which will be like anti-virus SOFTWARE to find and eliminate vulnerability problems and use standard solutions that have passed all kinds of security certification.
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passwordnow
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October 12, 2018, 08:26:26 AM |
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most of these problems should be solved by the emergence of a new technological product for cryptocurrencies, which will be like anti-virus SOFTWARE to find and eliminate vulnerability problems and use standard solutions that have passed all kinds of security certification.
Crypto isn't an operating system that needs anti-virus to clean those problems. It needs real solution and blockchain network itself can't be inserted by any virus that you are thinking. It can be delayed and slowed down and that's what it needs to be resolved.
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thankyoulord
Jr. Member
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Activity: 475
Merit: 1
Tackling Climate Change Using Blockchain
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October 12, 2018, 11:24:34 AM |
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Definitely some of the problems faced now will still remain brewing even in the distant future. Problems like insecurity issues, high price of in their exchange which sometimes are influenced and manipulated by the big sharks and greedy whales. Too many ICOs which will bring confusion and a chaotic environment, also influencing the industry of blockchain. Lack of encouragement among those who trade cryptos. Emotional traders who will never make a logical trade, rather they will continue to listen to other's emotional experiences and trade their cryptos in the same light.
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▄ ◤ DAGO Mining ◥ ▄ ▐░ ECOLOGICAL BITCOIN MINING ░▌ (https://dago-mining.com)
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cetald
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October 12, 2018, 12:04:03 PM |
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Specifically in the next 5 years, what do you think will be the greatest challenge or problem that the crypto market will face, and how do you think the market will overcome this problem? I also wonder if AI can help crypto trading safer and free from hacking and scamming?
Blockchain projects have already faced a big problem - this is scaling. Although in small steps, but a number of projects still solve this problem. As for AI, the blockchain will more likely help develop this sphere, rather than vice versa.
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pra
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Activity: 98
Merit: 0
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October 12, 2018, 12:31:27 PM |
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may in future the cryptocurrency may face problems such as there will large population of the coins the people starts rushing towards the the coin and scams takes place and finnaly may hackers may hack this ...
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maxy1999
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Activity: 126
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October 12, 2018, 12:33:59 PM |
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As the cryptos are unpredictable so the problems will be. The bigger the cryptos will be the bigger the problems will. Like the government can create problems because of the politicians, the central banks can create problems, the transaction security can create the biggest problem. Everything is unpredictable. Hope it dosen't face any of it.
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dablatair
Member
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Activity: 324
Merit: 15
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October 12, 2018, 12:52:28 PM |
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Hello,
It is for me to have more trust in general from common people. Clean the important amounts of shitcoins and scams that give bad image of cryptos. And also securization of exchanges against hackers taht will more and more want to take that "easy" money.
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aanaa90
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October 12, 2018, 04:11:03 PM |
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main challenge faced by crypto will be artificial intelligence and moreover govt regulations is also a important challenge for cryptocurrency in near future
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meritbygrace
Jr. Member
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Activity: 153
Merit: 1
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October 12, 2018, 04:50:40 PM |
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The biggest problem is scam,scammers!! That is just the problem cryptocurrency will face in the near future. lot and lot of scam everywhere.
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Elqui
Jr. Member
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Activity: 243
Merit: 2
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October 12, 2018, 05:03:25 PM |
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I think one of the problems bitcoin will face in the future are countries who will ban bitcoin in their land, or maybe the speed. If more people will use it, it will become more slower incase of transactions. And the fees would be more bigger.
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Treasurer
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October 12, 2018, 08:11:13 PM |
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Specifically in the next 5 years, what do you think will be the greatest challenge or problem that the crypto market will face, and how do you think the market will overcome this problem? I also wonder if AI can help crypto trading safer and free from hacking and scamming?
Blockchain projects have already faced a big problem - this is scaling. Although in small steps, but a number of projects still solve this problem. As for AI, the blockchain will more likely help develop this sphere, rather than vice versa. But along with this problem, there is the biggest problem: cryptocurrencies are digital money, not confirmed by gold. If everyone starts to bring crypto to fiat, the economies of many countries can suffer greatly.
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michellee
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October 13, 2018, 06:04:11 AM |
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Specifically in the next 5 years, what do you think will be the greatest challenge or problem that the crypto market will face, and how do you think the market will overcome this problem? I also wonder if AI can help crypto trading safer and free from hacking and scamming?
Blockchain projects have already faced a big problem - this is scaling. Although in small steps, but a number of projects still solve this problem. As for AI, the blockchain will more likely help develop this sphere, rather than vice versa. But along with this problem, there is the biggest problem: cryptocurrencies are digital money, not confirmed by gold. If everyone starts to bring crypto to fiat, the economies of many countries can suffer greatly. It will happen soon, and you will see this. Many people want to join in the cryptocurrency especially for the people who buy crypto in the last year, and they got broke. They see that crypto still have a chance to rise again in the future and I am sure that they want to get involved again like before. But we need to wait for a while before the problem can be solved. The AI itself will help crypto trading, and the trader and this will make trading easy even for the beginners.
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tunapa
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Activity: 667
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October 13, 2018, 06:35:53 AM |
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One thing I like about this world is that new innovation keeps coming every time such that old ones help new ones and vice versa. The future problems i see for cryptocurrency is worldwide adoption , volatility, security. And I know new innovations will help to solve it.
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anshkumandhan
Copper Member
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Activity: 434
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October 13, 2018, 10:28:44 AM |
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According to me, the biggest problem in crypto currency is a large number of shitcoins. As we have seen, in 2018 many ICO projects turned into a scam, which can kill crypto currency and also a big threat for crypto currency. And that's why crypto currency is still illegal in most countries, and will stay banned also in near future.
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charlemagne_15
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Activity: 357
Merit: 12
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October 13, 2018, 11:57:30 AM |
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Specifically in the next 5 years, what do you think will be the greatest challenge or problem that the crypto market will face, and how do you think the market will overcome this problem? I also wonder if AI can help crypto trading safer and free from hacking and scamming?
The problems that bitcoin will encounter for the next 5 years is I think the problem that it faces same now because if those problems cannot be resolve now then it will still be continue to be the bitcoin's hindrances. The accpetance of people and governments, the legalization of it in all places are some of its problems. And the rising of other coins can also be one.
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minizi99
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October 13, 2018, 12:02:14 PM |
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The total number of digital coins today reaches 12 million cryptocurrency Creator Satoshi Nakamoto in the creation of the bitcoin algorithm took into account the possible surge in the popularity and fast growth of productivity of computers.
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letecia012
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October 13, 2018, 12:29:03 PM |
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Specifically in the next 5 years, what do you think will be the greatest challenge or problem that the crypto market will face, and how do you think the market will overcome this problem? I also wonder if AI can help crypto trading safer and free from hacking and scamming?
The top threats for crypto currency in my own opinion after 5 years maybe still the security of your coins in trading exchange to be safe from hacking and another is the most common problem we currently encounter scamming and price manipulation of small cap crypto coins.
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happyme1818
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October 13, 2018, 04:15:57 PM |
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Specifically in the next 5 years, what do you think will be the greatest challenge or problem that the crypto market will face, and how do you think the market will overcome this problem? I also wonder if AI can help crypto trading safer and free from hacking and scamming?
The main problem that we will face in the future and even today are those ICO that continues to grow rapidly without a real use and only made to make money out of thin air. If this will continue the ecosystems of crypto will be polluted with shitcoin. The only way to prevent it is to have a high standard regulation for launching ICO.
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adroitful_one
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1GhxHtabWhEpdb7e7oEJ2vd542n33BwTHR
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October 13, 2018, 05:23:42 PM |
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One issue Bitcoin in general will face is high transaction fees. There will come a point around the next 5 years that you will get only 1 Bitcoin per block. Once this happens they will increase the fees to make up for the mining. They will not be recieving as much in mining fees. So to make up for it they will increase transaction fees. I think that making the feea MORE EXPENSIVE is a bad idea, because when BTC was only at 20k fees were outrageous!!
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ribowo76
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Activity: 784
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The World's 1st Waste to Green Energy DLT Project
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October 13, 2018, 05:51:14 PM |
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I agree with some people here, one of the big problems in the world of cryptocurrency is ICO fraud. Because I think, that will reduce crypto's popularity. Maybe because of that, many countries are starting to think about making regulations for crypto. In order for all forms of deception to be away from crypto.Of course, it must be without eliminating the nature of cryptocurrency, namely decentralization
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