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Author Topic: Is there any chance to build a great marketplace in times of crisis?  (Read 865 times)
el kaka22
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December 18, 2018, 01:11:29 PM
 #61

If you are looking to create a place which can act as payment medium with no expense to increase the prices then it may not do the job,more people will come to spend or sell their coins for now which make the prices to go lower.But having such market place will really increase the use of cryptos for the paymet system.
When a marketplace is attractive enough (in terms of easiness and convenient) then it will get more users for spending cryptos but it does not mean it will help to prices to go lower but it will enable more people to adopt cryptos for the reason of using such a marketplace. Similarly I believe, building a great marketplace in the times of crisis is not a big issue but it may not attract more new users how it would suppose to be performing in the times of rising market conditions.

Condition of overall market scenario is more important for the success of any business because sailing on opposite current is more difficult for anyone. A positive market condition will convince more people to start adopting a new marketplace whereas at the times of crisis, it is obvious that most people want to stay away from trying out new things.

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December 18, 2018, 01:29:44 PM
 #62

Yes this is the best time to make a marketplace, this blockchain technology is revolutionizing the world and the marketplace can only be built with the help of new technology entering in the market and various developments being done
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December 18, 2018, 09:41:25 PM
 #63

The problem is that some people look crypto as an only investment option like market shares and etc but they forget that crypto, for example bitcoin is payment way too. It's very simple compared to others + your privacy is protected. You can easily convert money into bitcoin and buy what you want so even when crypto falls, I don't think it can be considered as a barier for creating a new marketplace.

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December 29, 2018, 02:02:59 PM
 #64

Crisis means a dropped down and unhealthy market thats why building a great market place in times like this is hard, although it is possible. We all know that a low price market is the best opportunity to buy because of the buy low sell high policy and if all people takes an advantage with that, the market will go alive again.

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January 01, 2019, 05:45:35 PM
 #65

Yes this is the best time to make a marketplace, this blockchain technology is revolutionizing the world and the marketplace can only be built with the help of new technology entering in the market and various developments being done

More good news, more adoption and more use cases of bitcoin and other altcoins will result in more market-cap and this will result in increase in volume plus price together.

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January 02, 2019, 12:16:32 PM
 #66

When doubts and questions arise, when you are looking for answers and trying to understand and anticipate the development of finances, there is the surest way to do this - look back in time, read about similar events in the past. All kinds of crises have already happened once and only by knowing the history of the development of the economy can you protect yourself and your money in the future.
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January 02, 2019, 03:07:30 PM
 #67

When doubts and questions arise, when you are looking for answers and trying to understand and anticipate the development of finances, there is the surest way to do this - look back in time, read about similar events in the past. All kinds of crises have already happened once and only by knowing the history of the development of the economy can you protect yourself and your money in the future.


We cannot do anything against the price drop because it is uncontrollable by anyone what can we do now be with the flow of the current see it will very helpful for them to make any other distraction and helps for the earning methods learning.

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January 09, 2019, 02:10:17 AM
 #68

When the rate is continuously dropping down and investors all over the world keep selling their tokens in the hope of not finding them out of funds, it's getting harder and harder to believe crypto has bright future.

What are the possible outcomes regarding the crisis, esp cryptocurrencies-wise and why they were actually invented for, namely,  free exchange of funds with no borders and taxes, shops where you can pay without commissions and other things?  We all saw a surge in ICO projects, each of which promised a real use of the crypto. Where are they now?

What are your thoughts and opinions on the future of crypto? Looking forward to hearing from you guys.
This is just a small setback, I know that is difficult to not take this personally when many have supported cryptocurrencies for years and it does not seem likely that we are going to see a huge development during the next year but you must recognize that revolutions take time and something like bitcoin will not become the main currency of the world in just a few years, such development will take decades at best.
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January 09, 2019, 07:36:58 AM
 #69

Me too loosing idea to build great marketplace to attract people because the idea should be original and can restore investor confidence to buy crypto again and it's difficult to do so and regarding the crisis i think i can not against it and only can following the market movement whether it will be down or up until expect the situations will much better than previous year

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