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Author Topic: The problem of Crypto`s survival  (Read 857 times)
mihtju
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December 14, 2018, 11:42:28 PM
 #61

Despite the fact that the cryptocurrency in principle has been around for a long time, until recently almost no one knew about it. So I think that really cryptocurrency began to exist only 5-6 years ago.

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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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December 14, 2018, 11:45:51 PM
 #62

i do not see the age of the cryptocurrency technology as a problem facing its survival as we globally do no look at age of things anymore rather we consider then impact it has made within the time frame it has existed. the cryptocurrency has only been around for just one decade and no one can deny that it has made tremendous great impact in real life cases and also made the financial system advance with much level of speed.
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December 28, 2018, 09:55:25 AM
 #63

Hello.

Despite the fact that crypto-engaged people used to say, that crypto is "very young" technology, in fact almost 10 years past from the appearance of bitcoin, so it is not young at all. However, nothing has changed actually for these ten years. We uses to talk about crypto as a "currency", but it still doesnt work as a currency.

And i think, that this fact shows us, that the current technology is far from the appropriate one, and in the future it will become the main reason for the current coins to dissapear.

Maybe the present developers will play their role of pioneers and the future generations will consider their mistakes and make the really useful crypto. To be honest: do we really have useful crypto today? At least for something... No! Only ripple comes to my mind when i speak about usefulness, but it is centralized. (however, first right step was done)

We need crypto for something really important, not only for payments, and society needs it too. I think, that the perspective spheres for crypto projects and blockchain are: cloud storages, computing power, authenticity systems (for elections, government`s money flow).
However, unfortunately, all we have are dexes, doubtful platforms and empty promises.

However, i dont think that we should afraid of the bad outcome for the bitcoin at least, because it became the digital gold not only for enthusiasts, but for the serious people too (those who knows the history of the real gold will understand me), that`s why his price will grow in the future. (but not as much as you want)

Do you agree with me? Why do YOU think the current coins will dissapear?

Thanks for attention

All that the crypto world needs is an official representative of the interests of this sphere. Think about it, every sphere has those who are willing to invest in lobbying their interests, but not the cryptocurrency.
maxilopez
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December 28, 2018, 09:59:11 AM
 #64

I think that all similar problems with Bitcoin and cryptocurrency can be solved with time and you don’t need to worry so much about it

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December 28, 2018, 10:01:32 AM
 #65

I strongly disagree. These 10 years, most of the time the whole world was actually unaware of these crypto currencies, its just that in the last 2 years things changed and most of the big companies started taking it seriously, so i think its still young and in its early stages.

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December 28, 2018, 10:14:16 AM
 #66

Hello.

Despite the fact that crypto-engaged people used to say, that crypto is "very young" technology, in fact almost 10 years past from the appearance of bitcoin, so it is not young at all. However, nothing has changed actually for these ten years. We uses to talk about crypto as a "currency", but it still doesnt work as a currency.

And i think, that this fact shows us, that the current technology is far from the appropriate one, and in the future it will become the main reason for the current coins to dissapear.

Maybe the present developers will play their role of pioneers and the future generations will consider their mistakes and make the really useful crypto. To be honest: do we really have useful crypto today? At least for something... No! Only ripple comes to my mind when i speak about usefulness, but it is centralized. (however, first right step was done)

We need crypto for something really important, not only for payments, and society needs it too. I think, that the perspective spheres for crypto projects and blockchain are: cloud storages, computing power, authenticity systems (for elections, government`s money flow).
However, unfortunately, all we have are dexes, doubtful platforms and empty promises.

However, i dont think that we should afraid of the bad outcome for the bitcoin at least, because it became the digital gold not only for enthusiasts, but for the serious people too (those who knows the history of the real gold will understand me), that`s why his price will grow in the future. (but not as much as you want)

Do you agree with me? Why do YOU think the current coins will dissapear?

Thanks for attention
I completely disagree with you views and I believe that bitcoin and altcoins market are still young and blockchain technology has done well since inception.  Remember that this is not a ponzi scheme that do disappeared over time but blockchain technology is a discovery and most of the coins are going to remain with us.
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December 30, 2018, 03:17:01 PM
 #67

I think it is the fact that everyone is now using the coins as a means of investments and not actually as the currency that it was meant to be in the long run will be one of the things that holds the coins back from going up fast. The network is no longer recording the kind of transaction volume that helps to make sure that the coins have a lot of value

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December 30, 2018, 03:32:18 PM
 #68

Looking on the implementation of altcoins as the payment tool does look so slow.
But lately there are coins that starting to be implemented as a way of payment, so the move toward using crypto as payment tool is still wide open.

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December 31, 2018, 02:09:29 AM
 #69

not all altcoins will disappear because there is also a real role to support real life, despite the possibility that almost 50% of altcoins will disappear seeing what is happening on the market today.
and I personally believe that the longer the technology will be more mature to be used by many people.
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December 31, 2018, 02:17:23 AM
 #70

I am still optimistic that cryptocurrency will last a long time in the future, now it is still in a state of deterioration, but it does not mean crypto will end. It takes time to get back up, still react wisely and be patient to wait for crypto to rise again.
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December 31, 2018, 02:28:21 AM
 #71

Crypto can be said to be still in the stage of development. This is of course due to the still many shortcomings in the crypto is of course still make a doubt for people because it could make a loss. reasonable just because even at this time, there are still plenty of inflexible pieces and this showed that Crypto still takes time to survive and continue to grow.
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January 02, 2019, 07:41:44 AM
 #72

Hello.

Despite the fact that crypto-engaged people used to say, that crypto is "very young" technology, in fact almost 10 years past from the appearance of bitcoin, so it is not young at all. However, nothing has changed actually for these ten years. We uses to talk about crypto as a "currency", but it still doesnt work as a currency.

And i think, that this fact shows us, that the current technology is far from the appropriate one, and in the future it will become the main reason for the current coins to dissapear.

Maybe the present developers will play their role of pioneers and the future generations will consider their mistakes and make the really useful crypto. To be honest: do we really have useful crypto today? At least for something... No! Only ripple comes to my mind when i speak about usefulness, but it is centralized. (however, first right step was done)

We need crypto for something really important, not only for payments, and society needs it too. I think, that the perspective spheres for crypto projects and blockchain are: cloud storages, computing power, authenticity systems (for elections, government`s money flow).
However, unfortunately, all we have are dexes, doubtful platforms and empty promises.

However, i dont think that we should afraid of the bad outcome for the bitcoin at least, because it became the digital gold not only for enthusiasts, but for the serious people too (those who knows the history of the real gold will understand me), that`s why his price will grow in the future. (but not as much as you want)

Do you agree with me? Why do YOU think the current coins will dissapear?

Thanks for attention

There is a grain of reason in your words. About Bitcoin really do not worry, as it will not disappear, but here are the other projects and their coins... It is quite difficult to say and predict something here.
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January 02, 2019, 07:52:43 AM
 #73

For new technological development, i think the time 10 years isn't old yet. cause introducing new technology to people is not as easy as it look.
It will need a lot of process and effort to make it reach every people in this world.
elis74
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January 02, 2019, 08:04:52 AM
 #74

Hello.

Despite the fact that crypto-engaged people used to say, that crypto is "very young" technology, in fact almost 10 years past from the appearance of bitcoin, so it is not young at all. However, nothing has changed actually for these ten years. We uses to talk about crypto as a "currency", but it still doesnt work as a currency.

And i think, that this fact shows us, that the current technology is far from the appropriate one, and in the future it will become the main reason for the current coins to dissapear.

Maybe the present developers will play their role of pioneers and the future generations will consider their mistakes and make the really useful crypto. To be honest: do we really have useful crypto today? At least for something... No! Only ripple comes to my mind when i speak about usefulness, but it is centralized. (however, first right step was done)

We need crypto for something really important, not only for payments, and society needs it too. I think, that the perspective spheres for crypto projects and blockchain are: cloud storages, computing power, authenticity systems (for elections, government`s money flow).
However, unfortunately, all we have are dexes, doubtful platforms and empty promises.

However, i dont think that we should afraid of the bad outcome for the bitcoin at least, because it became the digital gold not only for enthusiasts, but for the serious people too (those who knows the history of the real gold will understand me), that`s why his price will grow in the future. (but not as much as you want)

Do you agree with me? Why do YOU think the current coins will dissapear?

Thanks for attention

The main problem is that there is still no policy for the development of the crypto industry in many countries and the state does not know exactly how to interact.
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January 03, 2019, 10:37:47 PM
 #75

Remember how much time was needed for internet for mass adoption and it is still ongoing. Crypto is much
more complicated than internet was and will need more time for mass adoption. The blockchain technology
is here to stay and will change the entire economy we have today.
bitkanu
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January 03, 2019, 10:59:13 PM
 #76

Remember how much time was needed for internet for mass adoption and it is still ongoing. Crypto is much
more complicated than internet was and will need more time for mass adoption. The blockchain technology
is here to stay and will change the entire economy we have today.
Remember about dot com bubble and when the government has tried to prevent it also. crypto is about a way to create a future system that will be more effective and efficient to be used to support the our life. That just the matter of time.

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Hudora
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January 07, 2019, 05:21:17 AM
 #77

The problem is people. Think about it, in this area did not come enthusiasts and individuals who believe in technology , but only the poor who wanted fast money, without the relevant knowledge.
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January 07, 2019, 05:39:17 AM
 #78

Hello.

Despite the fact that crypto-engaged people used to say, that crypto is "very young" technology, in fact almost 10 years past from the appearance of bitcoin, so it is not young at all. However, nothing has changed actually for these ten years. We uses to talk about crypto as a "currency", but it still doesnt work as a currency.

And i think, that this fact shows us, that the current technology is far from the appropriate one, and in the future it will become the main reason for the current coins to dissapear.

Maybe the present developers will play their role of pioneers and the future generations will consider their mistakes and make the really useful crypto. To be honest: do we really have useful crypto today? At least for something... No! Only ripple comes to my mind when i speak about usefulness, but it is centralized. (however, first right step was done)

We need crypto for something really important, not only for payments, and society needs it too. I think, that the perspective spheres for crypto projects and blockchain are: cloud storages, computing power, authenticity systems (for elections, government`s money flow).
However, unfortunately, all we have are dexes, doubtful platforms and empty promises.

However, i dont think that we should afraid of the bad outcome for the bitcoin at least, because it became the digital gold not only for enthusiasts, but for the serious people too (those who knows the history of the real gold will understand me), that`s why his price will grow in the future. (but not as much as you want)

Do you agree with me? Why do YOU think the current coins will dissapear?

Thanks for attention
I personally disagree with you,if you claim that a 10 years old project is old enough then you are far from the truth,if you want a 10 years old innovation to change the face of institution that have been in existence for thousands of years,then you are joking,there are stiff opposition that need to be out of the way for bitcoin to really actualize is full potential, there may be flaw in bitcoin but that is why we have some other coin to compliment that,remember we are not talking about some kind if business you start and expect to take over after some year.Did you actually mention disappear, you must be kidding.
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January 07, 2019, 09:05:14 AM
 #79

If there is nay problem with crypto survival is the fact there is a high volatility in price. But, even with such case, survival of the market will depend on the quality projects it has. Lately, there are many useful and practical projects launched in the market and these will help the adoption of crypto/blockchain. Gigzi, for a sample, is one of these powerful projects. And it will make adoption wider, in my opinion. This project is aiming at solving the volatility issue in crypto, plus making it more secure using biometric Iritech wallet protection..

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