What problems cryptocurrency will face in the near future?

[Master of Shitcoins]

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?

Scammers in crypto are a big problem in crypto right now and will stay for a while. I hope it's possible to weed out many of them because crypto loses much credibility by scammers everywhere. Media is also using this as argument agains Bitcoin.

[yoseph]

For me the blocksize is my immediate concern when it comes to the future of Bitcoins because when air becomes mainstream and everyone is using it, it’s going to make transactions slower and even more expensive.

[Angle22]

maybe the price of bitcoin will increase, because soon to be celebrating the new year, and usually the price of bitcoin will soar, and many people will distribute gifts

[Sevarchik]

All problems now around speculative moments.
Peoples try to earn moneys there and dont think about developing

[fileo]

Shortage of bitcoin supply, more shitcoins, more scammers, more dead ICOs, more members, more regulations, more campaigns, more altcoins, and more opportunities. These are the possibilities to happen in the future.

[Quennlorna42]

The problem with a cryptocurrency is that many hacking is often a problem, because it is really popular with a cryptocurrency market and is included with a bitcoin currencies and ethereium is both good and it is often inflow to people for a market, but simply the problem of bitcoin has all been solved so someday we are also approaching in the near future. and hopefully all that scammer ICO project will forever be lost.

[Dimas99]

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?

for me personally, the biggest problem at the moment is the issue of legality because currently my country has not fully become a recognized currency and is formalized as a currency that can be used in direct transactions,

[DragonETH]

Volatility. I think that this will still be a big problem for cryptocurrency in the next 5 years, especially for bitcoin. Its prices hasn't been the most stable even after 10 years and I don't see it stabilizing in the next 5. Another problem cryptocurrency may face the near future is adoption. Let's face it. Despite many people gaining interest on cyptocurrency, it's still not enough for more people to want to start using crypto.

the use of payment cards with the crypt is already as accepted by the society as ordinary payment cards. especially since they are not particularly and are, just to Fiat funds you have added cryptocurrency and can be used when paying.

[guybrushthreepwood]

Volatility. I think that this will still be a big problem for cryptocurrency in the next 5 years, especially for bitcoin. Its prices hasn't been the most stable even after 10 years and I don't see it stabilizing in the next 5. Another problem cryptocurrency may face the near future is adoption. Let's face it. Despite many people gaining interest on cyptocurrency, it's still not enough for more people to want to start using crypto.

Why would you want it to stabilize? Something tells me you wouldn't have a problem if the value kept rising. It's just when it goes the opposite way people start to panic but you can't have your cake and eat it too and volatility is part and parcel of bitcoin and the risk of investment.

That's a very good thing, but it's not that easy. What's more, the security isn't 100% safe. For example, if the security is very good, then the crypto currency and so on will become one bank. Also, this will be very good news for all of us. ...

I don't think anything is 100% safe, but are you talking about banks or cyrpto not being safe, because banks and their accounts are hacked all the time for both money and personal details.

[ice18]

Hacking is the biggest problems I can see in cryptoworld in the next 5 years,almost 1 billion dollars are estimated worth of crypto has stolen in the first half of this year on different platforms causing alarm in security, ransomwares, malwares, phising methods are really uncontrollable crimes today I wonder how the future will fight against this?    

[altercreed]

I think one of the problems of cryptocurrency will face in the near future is the congestion of marketplace with new cryptocurrencies listed almost everyday. The more cryptos we have, the stiffer the competition will be and only the fittest will survive.

[guybrushthreepwood]

Hacking is the biggest problems I can see in cryptoworld in the next 5 years,almost 1 billion dollars are estimated worth of crypto has stolen in the first half of this year on different platforms causing alarm in security, ransomwares, malwares, phising methods are really uncontrollable crimes today I wonder how the future will fight against this?   

How much has been lost from banking institutions and fraud committed with fiat systems? I don't have the figures but I bet it's many more multiples of just one billion. Hackings are still obviously a problem but it's not limited to crypto and I think people should take the warning to maximize their own personal security and keep minimal amounts on exchanges.

I think one of the problems of cryptocurrency will face in the near future is the congestion of marketplace with new cryptocurrencies listed almost everyday. The more cryptos we have, the stiffer the competition will be and only the fittest will survive.

Most of them are dead on arrival or are forgotten about soon after. Very few currencies actually get created that offer anything new or have any long-term potential. Most of them are just get rich quick schemes created by scammers just looking to rob the greedy and move on to the next coin.

[cryptoalfs76]

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?

Actually the main reason thats would been problem of crypto since from the beginning until beyond or go to five years from now are the adaptation to the different country on this kind of digital investment,because not at all country can adapt this kind of technology,because there are country that belong into the third poor world country thats not capable into this cryptocurrency investment system.

[Sobocirevo]

maybe the price of bitcoin will increase, because soon to be celebrating the new year, and usually the price of bitcoin will soar, and many people will distribute gifts

The problem experienced by bitcoin for users is an unstable price. Fluctuating too much makes users apply the principle of waiting and seeing. For the government, why many countries do not want to accept bitcoin because of anonymous factors and prices are too volatile. Maybe one day there can be a compromise so that countries around the world are willing to accept bitcoin.

[alittlebitinfected]

 I think one of the biggest problem in bitcoin is the scammers. They take advantage to the newcomers as cryptocurrency gets more popular day by day. Newcomers just want to earn and get bounties without fully understanding what bitcoin really is. They would be easily scammed by the veterans who already know the ways in bitcoin.

[cc80aa]

  There's also discussion about the inability of financial institutions  adopt the blockchain technology, which is an issue with the financial not the technology.

  But what is interesting is there are addition and bigger problem specifically with regards to bitcoin.

  Bitcoin has a limited number of "coins" that amount to 21 million btcs when all the coins are mined by the 2140.It likely that way before then, Bitcoin mining with not be profitable due to the high energy cost and expensive hardware needed for mining.The bitcoin transaction fees will not be sufficient to keep the network going either. There are many theories in term what might happen when mining stops, but the likely scenario could be bitcoin will not have the computing power needed to assure transanction, grinding the network to a halt.

The question is, what will happen to the value of bitcoin?

[bitcoins94]

The problem cryptos will face in the future is that there's a great coin in the market called AML BitCoin. AML BitCoin rests on a privately regulated public blockchain that facilitates AML-KYC compliance and identifies criminals associated with illicit transactions while maintaining and strengthening the privacy protections for legitimate users.

[tikaka]

What I'm worried about the development of crypto in the next five years is probably the appearance of too many altcoin. I think this is not good for the market when  the altcoin does not get the attention of investors and the price goes down, you will see the market is red and this makes the investor afraid.

[gentlemand]

Cartels - miners, exchanges, major holders.

If we think somewhere like Bitmain is a problem, that's chicken feed compared to the amount of money and power washing around a few years down the line.

Now it could be said that the more big bucks are involved the more invested they are in the status quo, but that didn't stop somewhere like Bitmain trying to fuck the whole thing up. Times that by 50 and it could make for an ugly scene.

You could also argue that the bigger it is the harder it'll be for collusion to happen, but the bigger the bucks the smaller the number of super deep pockets there'll be at the top. Power is already way too concentrated in too few hands in multiple areas. It's going to be a struggle to improve that.

[Febriana98]

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?

AI will indeed be one that helps alleviate humans but I feel it won't help cryptocurrencies in the face of the problems that will occur. the problem that I think will soon be faced by cryptocurrencies in the future is Fake news or hoax, we will see how people who hate Bitcoin, attack Bitcoin with false news, to destroy cryptocurrencies for various reasons.