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Author Topic: Is crypto Currrencies failed to solve the Problem??  (Read 730 times)
Dennicex
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March 29, 2019, 01:11:44 PM
 #21

Cryptocurrencies are only at the very beginning of their journey. This technology has a great future. It is still too early to draw conclusions about what cryptocurrencies could do and what not ... Still be ahead. Need patience. And do not waste your time and invest in promising coins, such as Sound Money Coin. It seems to me that this project has great chances!

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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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mersal
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March 29, 2019, 01:47:30 PM
 #22

In most of the time I also think like that cryptocurrency will leave our hands in middle of our journey but it will not like that there will be both positives and negatives commonly filled in any type of things so it will also like that the future will be the answer and solution for everything.
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March 29, 2019, 02:08:32 PM
 #23

Being a Crypto currency lover for a long time . I loved one thing people believing on solution or Solution for the problem using crypto currency . Not only believing even they were investing . But i found lots of solution were just fake promises . Lots were submitted big white paper with lots of hopes only with the intention of raising funds . Do you find any currency really solve the problem??
therefore, many ICO projects now fail because of a lack of trust by investors. I am currently focusing more on core coins such as ETH and BTC because I believe the two coins will bring me success.
OluwaTosin10
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March 29, 2019, 03:13:20 PM
 #24

Well, maybe you have not noticed well enough,
crypto currency is solving alot of problems in the world today, from money transfers, to smart contracts resolves amongst many others.
But Rome wasn't built in a day, so we can look forward to more progress soon.
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March 29, 2019, 03:45:43 PM
 #25

Being a Crypto currency lover for a long time . I loved one thing people believing on solution or Solution for the problem using crypto currency . Not only believing even they were investing . But i found lots of solution were just fake promises . Lots were submitted big white paper with lots of hopes only with the intention of raising funds . Do you find any currency really solve the problem??
for now maybe not yet but when their platform has been operated, I'm sure it can solve the problem. actually what makes altcoin like garbage is the crypto community itself. they make altcoin only for investment and always think of profit or loss.
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March 29, 2019, 03:57:22 PM
 #26

I understand that you are stuck in the wrong coin, crypto money is now increasingly popular and used by many people around the world. one of them is bitcoin and ethereum. Wink

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March 29, 2019, 04:03:28 PM
 #27

Crypto is still a new tech and has a lot to evolve. Identifying the problems and working out the solutions are a part of evolving.
Unlike most of the new tech, crypto had a really impressive start with exponential adoption and growth in the first 10 years.


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rizkyhiw
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March 29, 2019, 04:05:25 PM
 #28

Failure and success do exist in cryptocurrency today where there is a lot of success achieved now and basically everyone or group creates something to solve problems or anything for mutual progress and good comfort, I think Bitcoin is now in a good position in where there are many groups that try to develop and advance Bitcoin as a very useful transaction tool with minimal shipping costs being an advantage over Fiat now, maybe fluctuating prices are very difficult to repair and risky, but I keep cryptocurrency very useful now.
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March 29, 2019, 05:27:51 PM
 #29

I think that the biggest part of all the ICOs and other stuff promising to resolve a problem using crypto is fake. And proofs are stories of these projects.
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March 29, 2019, 05:30:42 PM
 #30

That is if you do not analyze before investing. Disappointment will occur later when you invest. Many crypto projects are in line with expectations, but there are also a lot of projects that don't work properly. That's our fault, don't be lulled by uncertainty.

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March 29, 2019, 07:20:06 PM
 #31

Being a Crypto currency lover for a long time . I loved one thing people believing on solution or Solution for the problem using crypto currency . Not only believing even they were investing . But i found lots of solution were just fake promises . Lots were submitted big white paper with lots of hopes only with the intention of raising funds . Do you find any currency really solve the problem??
I think so. I mean bitcoin when it first started supposed to beat the fiat currency we were using and become something like a global currency people use for earning spending and so forth and it would be basically a currency we use. However in today's world all crypto currencies instead of solving a problem they are just "if I buy x amount today and sell when it rises 50% I will make a lot of profit" and all that.

People approach bitcoin and other coins like its sort of forex and a way to make profits and live a better life. Back in the day it wasn't about getting richer, it was about getting your freedom from governments and banks but over the years it became like those things we hate. That is the sad part, bitcoin was created against the exact thing it became itself. Kinda like pigs starting to look like humans at the end of animal farm.
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March 29, 2019, 07:28:39 PM
 #32

First there are many cryptocurrencies (although only few are legit) that promises one problem or the other; that is to say each cryptocurrency has a problem it aims to solve. For example, ETH introduces smart contracts which is being used by many projects now, at least one can say ETH is helping those projects to launch and build their platform. So, this is the case of other true projects.

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March 29, 2019, 07:43:25 PM
 #33

Not all coins are able to solve some problems. We have a very large number of coins and more than half of them are worthless. They make people think that crypto is a Scam. Therefore, all beginners need to invest only in bitcoin and after they begin to understand crypto, then they can to make investment decisions regarding other coins.
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March 29, 2019, 07:51:14 PM
 #34

It's not about the cryptocurrency, you may mention the exact name here. Because Bitcoin, Ethereum, EOS, BAT and many other coins are solving many problems already and many crypto coins are being accepted widely! If your intention was ICO projects whitepaper, then ignore their false words. Those words are funny to me right now, I stopped reading whitepapers, anyone can get a good whitepaper by spending 100 bucks! So, you need to check good coins and their products or working policy instead of ICO p[rojects shit whitepapers!

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March 29, 2019, 08:01:17 PM
 #35

To answer this question one have to ask, the cryptocurrency in question why was it develop? Is it fulfilling the reason why it is created? If not, then one can say it has failed. BTC didn't fail because today we now have a peer-to-peer system of transaction. ETH and host of other altcoins didn't fail either.
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March 29, 2019, 08:04:21 PM
 #36

The issue of double spending was one of the problems cryptocurrency came to solve, with this singular solution provided by cryptocurrency, to me it has fulfilled it purpose and has not failed the people. With this achievement, the cryptocurrency world will stand stronger. Although there are some coins that has failed many investor's  but not cryptocurrency in general.

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March 29, 2019, 08:11:30 PM
 #37

But I think most of those projects that raise people's funds are tokens! Tokens makes sense when it comes to representing something of value or the like! When that does not happen, we currently have countless examples of projects that are just digital digits. This problem will be easy to solve and I think there is a future for tokens and coins as well. The market will mature to and the good things will show their true values.
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March 29, 2019, 08:34:07 PM
 #38

This is happening because of unprofessional an greedy people. Without need for a token which is created there will be no successful business. Most of the project are failing creating utility for their token. On the other hand we have many successful projects which needs time for creating successful business.
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March 29, 2019, 08:43:54 PM
 #39

Bitcoin and some altcoins are already solving problems and this is the reason why the adoption of cryptocurrencies is increasing daily. Bitcoin is able to solve the problem of payment and remittances, Ethereum is able to solve the problem of trust through smart contract and so many more

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March 29, 2019, 09:26:04 PM
 #40

Among the cryptocurrency will always be useful and in-demand coins and tokens, but there will be many useless. Certain types of cryptocurrency, especially tokens, solve certain practical problems in narrow spheres of human life. Also, cryptocurrency provides us with many additional opportunities in financial relations. Therefore, in general, we really need a cryptocurrency.
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