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Author Topic: Cryptocurrency is too complicated  (Read 1770 times)
Ziskinberg
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March 14, 2019, 12:55:27 AM
 #81

Cryptocurrencies are not predictable this will be the toughest situation for anyone to pick the right one in correct period of time but this is people were more complicated about the development of their investment but we don't understand it properly is the perfect reason for that.
Only complicated for newbie but once they are in they will love crypto.
This is only for risk takers, not a traditional form of investment and form of payment, so obviously the risk is really high.

If one is really looking for a big opportunity to invest in early stage, crypto is the answer, I believe on that as I myself have already benefited a lot from crypto.

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March 14, 2019, 12:59:03 AM
 #82

There are alot of project that create product  to make easy to buy and sell crypto and use it for daily payment. So crypto is not complicated because we not need to understand how its work.  Just like Pundi X project which the product already use by many third party, with this product we can buy crypto and make it for payment good & service very easy.

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March 14, 2019, 01:47:39 AM
 #83

So many information and tutorial how to buy and sell crypto on google,  so everyone will know how to do that.  To use crypto we not need to know how blockchain technology work,  just need to know the benefits of it. Mass adoption of blockchain technology  is keep bigger so in the long run, more people will use crypto.

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March 14, 2019, 01:58:06 AM
 #84

Centralized financial companies are constantly working on solutions to make transactions between different parties as easy as possible, however, the cryptocurrency and blockchain payment solutions are very complicated for the average person to use.
Until this is put in check, cryptocurrency payments will never have a chance to overcome fist.

cryptocurrency can be said to be complicated can only be felt by people who do not understand how it works. if they already understand how to use cryptocurrency, cryptocurrency is the easiest way to make all transactions from anywhere, many cryptocurrency users are satisfied with the features in it, even some countries that can legalize cryptocurrency can be used as alternative payment facilities for foreign tourists who do not have cash when they visit tourist attractions in various countries
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March 14, 2019, 04:16:52 AM
 #85

In fact, I don’t think crypto payments are complicated. Comparing against the online banking transfer, there are less fields to fill in. As for the fees, I believe when there are a massive adoption, there will be services providing easy interface for users to make use of.
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March 14, 2019, 04:24:08 AM
 #86

Yeah, and I commend all of you guys to stop trading because there's just only loss, loss, and keep loosing because every hour crypto is dumping even more!!!!
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March 15, 2019, 12:58:30 AM
 #87

Cryptocurrencies are complex in nature and are not very user friendly yet, but there are efforts underway by major companies such as Facebook and Telegram to develop applications which will likely make it far easier to use and if these endeavors are successful it will certainly bring these new technologies to the masses and increase both its use cases and adoption

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March 15, 2019, 01:10:59 AM
 #88

Yeah, and I commend all of you guys to stop trading because there's just only loss, loss, and keep loosing because every hour crypto is dumping even more!!!!
Have you've been in trading before?  Cause if not,  you'll never have to say that.
How could you say that crypto is dumping every hour?  Now if you look into the market price you can say what is happening today.  Many traders become successful and not getting their self into end. Though there are some traders were failed just because lack of knowledge and experience.
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March 15, 2019, 01:39:39 AM
 #89

Hhmm its not that complicated like you said. With peer to peer system its make easy to use, what the reason make you say Cryptocurrency is too complicated? are you follow the development or not?
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March 15, 2019, 02:32:26 AM
 #90

Hhmm its not that complicated like you said. With peer to peer system its make easy to use, what the reason make you say Cryptocurrency is too complicated? are you follow the development or not?
Well i think that crypto is really not complicated. If we are going to look on the way on how crypto works maybe we can see that everything in crypto is not complicated. The people only think that crypto is complicated because they don't have enoughf patience to wait for the great news. I think people only lack patience maybe patience is the most important in crypto because crypto is always unstable.
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March 15, 2019, 02:43:02 AM
 #91

It can be yes and no, it depends on those of us who understand it, if we already understand the ins and outs of cryptocurrency, of course we will be easy to enter in this field, different if we are still in crypto there are many things that must be learned so that we really understand what cryptocurrency is

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March 15, 2019, 02:51:31 AM
 #92

Centralized financial companies are constantly working on solutions to make transactions between different parties as easy as possible, however, the cryptocurrency and blockchain payment solutions are very complicated for the average person to use.
Until this is put in check, cryptocurrency payments will never have a chance to overcome fist.
the more complication is happening when the market is down still this changes happening we can get the huge income from this market without any complicated situation so the problem is the development if it could changes definitely a huge changes with the market are also happen.
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March 15, 2019, 02:56:28 AM
 #93

actually it's not as complicated as what they think if someone understands cryptoqurency certainly looks easy to do it, they just need to learn the basics about crypto and over time they will understand the sophistication and function of blockchain technology.

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March 15, 2019, 02:56:41 AM
 #94

It can be yes and no, it depends on those of us who understand it, if we already understand the ins and outs of cryptocurrency, of course we will be easy to enter in this field, different if we are still in crypto there are many things that must be learned so that we really understand what cryptocurrency is
I agree with you that it depends on everyone, just like making money in this cryptocurrency market, some people can make money very well with crypto but some people can't make money with it and they tell crypto very risky and It is very hard to make money

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March 15, 2019, 03:24:18 AM
 #95

Since all crypto-currency transactions must be signed and broadcast to the network in order to be included in a blockchain block, sending payments via BTC or ETH may be more complicated for new users. Alternatively, these new crypto-currency holders can initially use a "light" wallet with a friendly web interface instead of a "cold" wallet based on the core application with the blockchain downloaded. Of course, the "cold" wallet is more safe and secure than a "light" wallet which is often backed by some services. I personally store my coins and tokens in "cold" wallets so that no one steals my funds.
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March 15, 2019, 03:53:04 AM
 #96

Complicated? I don't think so.
The presence of cryptocurrency really can be one of the alternatives to the easiest ways to make a transaction around the world. You may need to understand it first and how it works. Crypto really can give us easy and fast transaction process, not only in a country but also overbroad easily. For some people, they may be confused because they have not tried or learned yet.

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March 15, 2019, 04:08:21 AM
 #97

COMPLICATED? for me its not, you should first know them and make studies of how it will work.
Complicated is a word for those people who dont want to study the cryptocurrency.
We are just like students again here!
The bulk of people will not specifically learn to use cryptocurrency. If it is incomprehensible to people, they simply will not use it. We need to interest people in the simplicity, reliability and safety of its use. If people will mainly use cryptocurrency as a means of payment, now there are many simple forms of cashless payments and they are much simpler than using cryptocurrency. Currently, cryptocurrency is still very difficult for ordinary people to understand. It needs to be simplified.
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March 15, 2019, 04:21:56 AM
 #98

Cryptocurrency just for people who likes decentralized system, although their government make a payment system like cryptocurrency but have centralized system they will ignore it. How much did you must pay a tax for one transaction moreover if you buy a stuff with many parties? You will spend a lot of money just for did one transaction, unless if you use cryptocurrency that there is no parties who will ask you for a tax. I believe many people will move to decentralized system if they really find acorrect reference about cryptocurrency.
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March 15, 2019, 04:29:55 AM
 #99

Its not complicated, its just that some people are not into crypto. They are not interested to know further how things work here.

At first it might be confusing but if you used to it, you'll learn and will realize that blockchain is not that complicated to understand. It doesnt require users to be an expert in something, you just need to know the basic things even you're not that smart.

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March 15, 2019, 04:38:24 AM
 #100

I think crypto is not complicated, as long as you want to learn I think it can be understood but it's different if they are really beginners, of course it's natural if it's difficult to understand. Actually cryptoqurency provides many advantages and conveniences for each user. important it will be understood if they are serious about knowing what cryptoqurenccy is.
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