The future of cryptocurrencies depend on the understanding of the community

[tspmhack6]

Is a centralized or decentralized network better? How to develop the authentication feature and ensure it works well? What innovations need to take place?

At its peak in late 2017, one Bitcoin was worth nearly $ 20,000. A year earlier, it only cost $ 1,000. Bitcoin was priced at $ 6,000 in June and $ 8,000 in July and dropped to $ 6,000 in August. Bitcoin price is extremely volatile, so does Ethereum. According to the Dacxi crypto social network, unlike the pioneering wave, the next global growth wave could be fueled by two new areas of investment: institutions and retail investors.

So whether or not cryptocurrencies grow will depend greatly on the understanding of the future community. And what do you think about this?

[Pithaxz]

The future of cryptoqurrency depends on the project developer and also the project team, if they can develop the project correctly, it will definitely produce good results.
and now the community is only following market trends, what they think is worth investing will definitely be bought, but not with crypto that is difficult to develop.

[qiwoman2]

I personally believe that Big money and institutions are moving into the Crypto space, so I believe now the big whales and these mega-huge investment companies are the ones who will call the shots from now on. The community is there merely for feedback and usually for little projects that rely heavily on community input for their ongoing success. I think that many who have lost in this space will have moved on to more stable assets like gold or real estate, but there is a keen passion still in younger minds and some old alike, for the technology to evolve. Crypto is not for the faint-hearted and if the community is too fickle it will not benefit anyone in the long term that's for sure. There needs to be a solid community working for the common good, but all I see is fud infested telegram groups and a lot of people resorting to violent behavior if they lose money in a certain coin or project.

[tspmhack6]

I personally believe that Big money and institutions are moving into the Crypto space, so I believe now the big whales and these mega-huge investment companies are the ones who will call the shots from now on. The community is there merely for feedback and usually for little projects that rely heavily on community input for their ongoing success. I think that many who have lost in this space will have moved on to more stable assets like gold or real estate, but there is a keen passion still in younger minds and some old alike, for the technology to evolve. Crypto is not for the faint-hearted and if the community is too fickle it will not benefit anyone in the long term that's for sure. There needs to be a solid community working for the common good, but all I see is fud infested telegram groups and a lot of people resorting to violent behavior if they lose money in a certain coin or project.

Perhaps it is time for people to enter this market to be equipped with more knowledge about it. So they can control their finances. But in addition to the experts and some who majored in finance, the majority are enthusiasts who chase after the benefits without knowledge.
So perhaps there must be a forum to train this Crypto knowledge.
Is this a good idea?

[10c]

Institutional investors are now looking for legal ways to enter the cryptocurrency market. the next wave of growth will occur when big money can easily enter this market

[cryptofirm]

Is a centralized or decentralized network better? How to develop the authentication feature and ensure it works well? What innovations need to take place?

At its peak in late 2017, one Bitcoin was worth nearly $ 20,000. A year earlier, it only cost $ 1,000. Bitcoin was priced at $ 6,000 in June and $ 8,000 in July and dropped to $ 6,000 in August. Bitcoin price is extremely volatile, so does Ethereum. According to the Dacxi crypto social network, unlike the pioneering wave, the next global growth wave could be fueled by two new areas of investment: institutions and retail investors.

So whether or not cryptocurrencies grow will depend greatly on the understanding of the future community. And what do you think about this?

community is very important in cryptocurrency world my friend
without community cryptocurrency will be nothing, because community is the best supporters for cryptocurrency
anyway people should understand about why the first cryptocurrency called bitcoin was created by satoshi nakamoto

[ololajulo]

The community is getting larger by the day and there was no preparation for it. Now the vulnerability is being exploit through the internet but very bad people. We are where we are because of fraud and scam, in high and low places, if we can minimize it to a level we could recover and get a sustainable growth path. What some consider the problem are what brought others here; volatility of the coin, ICO investment, cyber crime etc. It is a very big problem that we might need to bring the community so close to every truly interested enthusiast and sanitize the space

[Shallow]

Is a centralized or decentralized network better? How to develop the authentication feature and ensure it works well? What innovations need to take place?

At its peak in late 2017, one Bitcoin was worth nearly $ 20,000. A year earlier, it only cost $ 1,000. Bitcoin was priced at $ 6,000 in June and $ 8,000 in July and dropped to $ 6,000 in August. Bitcoin price is extremely volatile, so does Ethereum. According to the Dacxi crypto social network, unlike the pioneering wave, the next global growth wave could be fueled by two new areas of investment: institutions and retail investors.

So whether or not cryptocurrencies grow will depend greatly on the understanding of the future community. And what do you think about this?

That's true, the world needs to understand what cryptocurrency offers so as to be equipped for what the future holds. You said something about retail investors, in my own opinion, another thing needed for the crypto space to grow is enhancing the services within; imagine paying for a good or services and then waiting for minutes for it to confirm. Nevertheless, from my little findings as well as news I have seen many institutional investors entering the crypto space, so I think it's a matter of time before mass adoption will set in.
Finally, current and upcoming developers needs to step up their games not launching a project and after successful sale they starts lagging behind.

[beerlover]

It will depend on the next demographic that joins as well, which part of the world comes in and joins the crypto world changes so many things about bitcoin, maybe next time wall street will jump in, maybe there will be something huge in farmers of the world, maybe oil, maybe gaming.

We really don't know who will come into crypto world and change the sphere of it, right now we are still young so if one sector focuses on crypto too much than we can literally share all of crypto that way. I mean that we cannot be sure who are all going to be part of this all-new-community of human race hence its future may remain as a mystery for decades at least. Only after identifying the type of adopters, the future if cryptocurencies could be predicted at some levels.

Let's assume computer games turn into crypto and everyone is selling in crypto and every game has crypto money in it as well, people buy and sell their "game" currency in form of crypto that could turn into fiat, I promise you suddenly all of crypto will becomes gaming community. So, who comes in next will decide the fate... sort of.

[jacafbiz]

I think people are making some mistake thinking that the way Crypto was in early days is the way it is going to continue, big money are entering the space and they will dictate how the space would be shape. It is very likely we will see Blue chip coins and penny coins with time

[TIDOVEE]

Are you sure it is the community? What influence does the community have with the present condition of bitcoin? Don't you think it is the developers and cryptographers that have a greater influence on bitcoin future, the community is helpless at this point that the market is red.busy study market graph.

[r_delossa]

Community is a massive part of success of each company, but the main reason of success is the product and team management. It does not matter how big and great the community is, because it won't bring much without competent management decisions.

[crazy-pilot]

Understanding of the community is really an important part for the future of cryptocurrencies, but much depends on governments and project developers. I believe that cryptocurrency will have a good future. Let's see what happens next.

[TanakabZX]

Over ninety percent of investors in crypto world only cares about how much they will make in every possible way, many don't give a damn about the technology itself and not even all crypro investors understands what crypto is actually,people still lacks how crypto works but one thing is certain to me, there will always be loss and profits, its just that the losses would have been lower if not for scammers invasion

[pooh95]

The community is getting larger by the day and there was no preparation for it. Now the vulnerability is being exploit through the internet but very bad people. We are where we are because of fraud and scam, in high and low places, if we can minimize it to a level we could recover and get a sustainable growth path. What some consider the problem are what brought others here; volatility of the coin, ICO investment, cyber crime etc. It is a very big problem that we might need to bring the community so close to every truly interested enthusiast and sanitize the space

I agree, fraud is the main problem, it prevents people from trusting the crypto industry as a whole, I also think that many people just don’t understand what crypto is, they don’t know how to buy and sell, I think that people need the right information

[Upgate]

Both centralized and decentralized cryptocurrency will have an advantages as well as a disadvantages. We are in decentralized cryptocurrency as we all know by now but we are having issues in it but going on to centralization will not be the solution

[rdewilde]

I agree with you, there is need for people to understand what lies within blockchain and crypto so as to make better decisions and choices. The funny thing, till date when you tell some people about the crypto space their mind always points to Bitcoin that's to show the level of backwardness existing as if Bitcoin is the only cryptocurrency in existence. Nevertheless, it's just a matter of time and also at every given opportunity we should endeavour to educate people on what crypto is all about.

[Mila52]

Over ninety percent of investors in crypto world only cares about how much they will make in every possible way, many don't give a damn about the technology itself and not even all crypro investors understands what crypto is actually,people still lacks how crypto works but one thing is certain to me, there will always be loss and profits, its just that the losses would have been lower if not for scammers invasion

The basis of any community is survival, and therefore people are trying to ensure a decent own lifestyle. The main goal of the community is to make a profit. If the community sees a steady increase in the price of the cryptocurrency market, the cryptocurrency will be accepted by the community as one of the means of payment.

[zuziekatee]

To me it depends on how individuals person understands the cryptocurrency scope ! : the future low depend on the modification and model of operation it will reply on to make it a better one !

[gensol]

The future depends on what we make of it. First we must eliminate greedy developers, especially those who are fake and those whose tokenomics is wrong. If there's a common forum for such, the future will be filled with only meaningful projects.