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Author Topic: Is crypto Currrencies failed to solve the Problem??  (Read 726 times)
aprilnot
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March 30, 2019, 07:08:07 PM
 #61

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 it's not a failure, it only takes longer until people turn to cryptocurrency. crypto's main problem today is adoption and regulation because both of these, many projects that actually can solve difficult problems to get users on their platform. we can't blame the developers because they can't do anything. the thing they can do is make and develop.

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March 30, 2019, 07:16:05 PM
 #62

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??

Not the crypto currency solves a problem, the blockchain does.
The problem of trust.
You can also have a blockchain without a crypto currency but then the financial incentive to keep it alive is gone. Therefore this only makes sense in the form of a 'private blockchain' where trust is already given.

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March 30, 2019, 07:26:10 PM
 #63

Yes, i found Dent Coin. It changed my life. I had to buy mobile data with very high price. Finally i found Dent app and i was able to buy with a cheap rate. That time i set a shop to sell data to public.

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March 30, 2019, 08:30:50 PM
 #64

     There have been many crypto projects that have promised to solve many problems, but the purpose of these projects was just to raise money from investors and use them for personal interest. But they have been and are now very well-structured projects that will solve different problems in this world. For example, Bitcoin is also used as an alternative payment method for products and services.

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March 30, 2019, 08:37:42 PM
 #65

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 do not think that cryptocurrency failed to deliver the solution.
I think that people do not understand the solution. The solution doesn´t mean quick money scheme, but slow progress which could replace the classic financial market one day.

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March 30, 2019, 09:08:16 PM
 #66

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 share your sentiments, we have more of whitepaper than products In the crypt ecosystem of today but a few have solved problems in my opinion but haven't gotten the much needed exposure due to the decline In value of the cryptocurrency market...An examples of such projects is Robotina and

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March 30, 2019, 09:27:39 PM
 #67

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 share your sentiments, we have more of whitepaper than products In the crypt ecosystem of today but a few have solved problems in my opinion but haven't gotten the much needed exposure due to the decline In value of the cryptocurrency market...An examples of such projects is Robotina and
to tell the truth I have already stopped counting all those projects in which I participated and And not only lost time, but also lost my money. There are a lot of them, and despite the fact that they turned out to be fraudulent, their technical documentation and all the information was available. It was in perfect order.
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March 30, 2019, 09:31:27 PM
 #68

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??

This picture is caused by the amount of the projects in this sphere. More ICOs, more investors, less regulation and more greed... and we see hundreds of useless projects here as result. But there are few projects that are really worthy.

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March 30, 2019, 09:33:22 PM
 #69

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 share your sentiments, we have more of whitepaper than products In the crypt ecosystem of today but a few have solved problems in my opinion but haven't gotten the much needed exposure due to the decline In value of the cryptocurrency market...An examples of such projects is Robotina and
to tell the truth I have already stopped counting all those projects in which I participated and And not only lost time, but also lost my money. There are a lot of them, and despite the fact that they turned out to be fraudulent, their technical documentation and all the information was available. It was in perfect order.

We have seen that technical document such as whitepaper is not enough to prove that a certain project will not screw investors. Many turned out to be fraudulent having well written wps. I think it would be better to present a working product rather than text documents.  That would be more appealing to investors.
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March 30, 2019, 09:34:26 PM
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Yes, you are right OP, there are a lot of project that only promise something and never happen, if most of projects will do what they say, there will a better use for crypto and a better price.
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March 31, 2019, 04:22:22 AM
 #71

I only believed bitcoin and ethereum projects. Sadly, those projects are somewhat created most of the times just to raised fund and collect money without even pursuing their real objective. Those projects that aren't created to solve the problem but created for their own benefits.
thinkright
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March 31, 2019, 10:50:35 AM
 #72

A simple answer is, those cryptocurrencies which have been in the system for quite a long and still delivering are solving real-life problems. There are a whole lot and they a wide range of use cases meaning they address more than one problem.

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March 31, 2019, 11:04:36 AM
 #73

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 me the only one that can really help to solve our problems is bitcoin . Because bitcoin is so volatile than other coin in the market which is we can get alot of profits on it without working hard unlike other coins which is uncertain. And since it breaks the ATH i do believe until now that soon or later it will help us again to solve our problems.
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March 31, 2019, 11:15:58 AM
 #74

I truly get where you are coming from, yes cryptocurrency does solve certain challenges and some out there, dont want to mention names have actually gone mainstream and it adoption is worldwide... while others are just as you called it, trying to steal funds

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March 31, 2019, 03:31:21 PM
 #75

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 believe you are talking about ICO projects and not just crypto currency because there are a very big difference between both of them. ICO projects are projects that are still yet to become crypto currency, they are still at the stage of raising funds and until they are able to raise the expect amount of funds, it haven't become crypto yet.

Crypto currency itself have the ability to solve a lot of problem, we have seen this in bitcoin how it have been able to solve a very big problem in the financial world this is why it will always be the father of all crypto.
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March 31, 2019, 04:12:40 PM
 #76

I truly get where you are coming from, yes cryptocurrency does solve certain challenges and some out there, dont want to mention names have actually gone mainstream and it adoption is worldwide... while others are just as you called it, trying to steal funds
If you really look at the current situation today, the cryptocurrency market has so far yielded a lot to most users of cryptocurrency. Of course, many of us managed to get a conclusion after 2016 and 2017. But you don’t have to forget that we are still only at the beginning of the development of the cryptocurrency market.
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March 31, 2019, 04:59:43 PM
 #77

If we look at the condition of cryptocurrency right now it's way of dealing with the problems and risks in cryptocurrency. And one of the fact is its stability despite the hardfork and issues about btc that caused it to crash and currently the cryptocurrency has gradually returned to its previous popularity and gradually returns the cryptocurrency market to a better position due to the increases the price of coins.
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March 31, 2019, 05:35:52 PM
 #78

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??

Well at some company, solve the problem using cryptocurrency as its tools is not easy as we see right now. Im sure at some point, their project was stuck because, you know. the goverment, limits their actions. Just like using crypto as paymen tools, etc.
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March 31, 2019, 05:58:51 PM
 #79

You must understand that the problems of certain industries are not solved in one day. For example, solving problems in the industrial sector requires a lot of time and opportunities, so do not worry about projects that work and improve our world.
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March 31, 2019, 06:50:47 PM
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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??

Well at some company, solve the problem using cryptocurrency as its tools is not easy as we see right now. Im sure at some point, their project was stuck because, you know. the goverment, limits their actions. Just like using crypto as paymen tools, etc.
but will the government forever limit crypto?
I don't think so because I think crypto will develop with government approval or not.
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