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Author Topic: Cryptocurrencies Are Bad News for Blockchain  (Read 272 times)
Cyberczar (OP)
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November 18, 2018, 09:59:37 PM
 #1

Come to think of it, the reason we like crypto is the benefits and independence we seem to get from it. However, it is obviously causing a lot of people harm as we can see https://cryptoinfowatch.com/cryptocurrency-news-are-making-potential-blockchain-adopter-companies-nervous/
Don't you think something ought be done by the community about all the bad news crypto has become, or perhaps the governments?

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November 18, 2018, 10:19:56 PM
 #2

Come to think of it, the reason we like crypto is the benefits and independence we seem to get from it. However, it is obviously causing a lot of people harm as we can see https://cryptoinfowatch.com/cryptocurrency-news-are-making-potential-blockchain-adopter-companies-nervous/
Don't you think something ought be done by the community about all the bad news crypto has become, or perhaps the governments?

I think that there is no special community that posts negative news about crypto. Everything that happens with negative cryptocurrencies is all true, which can be checked by clicking on several active links. Everything else is fine. Bitcoin is developing and will continue to develop.

 
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palle11
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November 18, 2018, 10:25:57 PM
 #3

You don't expect everything to be fine and cossy all the time. In every business, there are bad news and spoilers too, that is where they get their own source of living. We just have to put more effort to be careful not to fall victim. Blockchain is the mother of crypto, so it stands outside the negative influence.
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November 18, 2018, 10:35:34 PM
Last edit: November 18, 2018, 10:55:52 PM by DooMAD
 #4

If these companies can't tell the difference between media scaremongering and the tangible advantages of this technology (when applicable), then they're probably too stupid to implement it correctly anyway.  Also, the bigger issue tends to be companies who are being told blockchain will be beneficial to their business when it might not be.  Just because it's revolutionary for some use cases, that doesn't mean a blockchain will magically solve every problem your business has.

Hell, I get the impression that a large number of businesses can't even handle the regular, non-blockchain technology they've had for the past decade or more.  While all companies try to present a professional facade to the outside world, behind the scenes, many of them are in total disarray with their IT systems.  They don't need to make it any worse for themselves by trying to jump on board a new technology they don't even understand yet.

There's nothing the community need to do, other than perhaps reminding everyone that handing over your coins to random strangers on the internet, allowing them to be lost or stolen, is kinda dumb.  If people stopped doing that, most of the negative headlines about hacks and thefts would go away.  And all the stories about "criminal activity" and "fraud" apply equally to cash and cards, but apparently businesses don't have a problem with those.

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Al-e_x
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November 18, 2018, 10:58:01 PM
 #5

I think, the world government must take quick action to make crypto legality, so the crypto will not be bad news for the blockchain.

in fact, crypto is part of a blockchain system that can make the existence of blockchain last longer.

ignorant public and crypto haters always spread FUD to the public. and we must prevent it.
FedorIzmailov
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November 18, 2018, 11:01:36 PM
 #6

I believe that cryptocurrency will undoubtedly bring more positive news than negative news, therefore I am its supporter
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November 18, 2018, 11:04:18 PM
 #7

Some day, after many decades or centuries, enough folks will figure out that a blockchain without a cryptocurrency to incenitivise its security is either a painfully unwieldy database or open to total and utter rapeage.

I find it astounding how hard this is to grasp for so many.
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November 18, 2018, 11:10:59 PM
 #8

You don't expect everything to be fine and cossy all the time. In every business, there are bad news and spoilers too, that is where they get their own source of living. We just have to put more effort to be careful not to fall victim. Blockchain is the mother of crypto, so it stands outside the negative influence.


Ofcourse people expecting positive they all goods and everything is fine, i know everyone knows can't stop or avoiding problem in business, but all problem have a solution.

The bad news between cryptocurrency and blockchain have an solution by helping of each other by the support of the community.

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November 18, 2018, 11:15:29 PM
 #9

I agree with you that at the moment we are suffering from evil intentions from cryptocurrency and with this we need to do something

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November 19, 2018, 01:47:31 PM
 #10

I think blockchain is indispensable in life. Gradually, governments will support it. Everything will be better when the market goes up

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teilwalL05
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November 19, 2018, 02:11:18 PM
 #11

The technology and the things that run in it, I really think it is not all the time that we see some bad cryptocurrencies there are some that are very unlikely to build potential and even if you take away the thing that runs in it can sure will not make blockchain that great either, they are introduced to us in pair and not separated that is why I really think that the people thinking bad about cryptocurrencies was the one that really wants to separate crypto with Blockchain.
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November 19, 2018, 04:33:20 PM
 #12

Crypto's currency is not bad but it is not yet to be good news for its supporters but why the government and central financial institutions prefer blockchain rather than crypto? thats because of the perfection of all these coins, it has perfected blockchain technology
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November 19, 2018, 05:42:54 PM
 #13

The blockchain technology is revolutionary. It brought about the disruption of the financial system yet failed to set necessary limits or standard operating procedures. This openness was capitalized by scammers, whales, bulls and bears. Now that the world has woken up to the true benefits of the technology, serious damage has been inflicted on so many people by the uncontrolled activities of earlier adopters of cryptocurrency. But some one has to pay the sacrifice.

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November 19, 2018, 07:16:56 PM
 #14

The technology is developing but crypto is getting cheaper and seems easier to collect, this has a less healthy impact on crypto lovers and may be happy for them to hate crypto. A period of concern and remain patient.
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