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Author Topic: Real use cases that can't go wrong  (Read 467 times)
bgaf
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November 21, 2019, 12:52:11 AM
 #41

Not many cryptocurrencies actually have any "real world use cases" and are designed just to profit the project's creators for developing a token that has no real world value in terms of adoption so when you invest make sure you're investing in the kinds of assets that will last long term as these will likely benefit you the most

Agreed. Many projects even though they are not appropriate for blockchain is really doing a token crowd funding for their incoming project. I dont know why so many projects introduced that are connected into real state which I found very mismatch and not useful at all. I will understand if its about financial management purpose or bank affiliate but real state is something out of blockchain needs.
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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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November 21, 2019, 03:00:44 AM
 #42

Not many cryptocurrencies actually have any "real world use cases" and are designed just to profit the project's creators for developing a token that has no real world value in terms of adoption so when you invest make sure you're investing in the kinds of assets that will last long term as these will likely benefit you the most

Agreed. Many projects even though they are not appropriate for blockchain is really doing a token crowd funding for their incoming project. I dont know why so many projects introduced that are connected into real state which I found very mismatch and not useful at all. I will understand if its about financial management purpose or bank affiliate but real state is something out of blockchain needs.
It caused by money and no more.  Even some scammers have made non-sense projects. So many projects have been using the idea to create further development in the financial system combined with crypto. that makes those scammers are not getting a lot of ideas and they started to take the crap and non-sense approach.
The problem is why so many investors could not even see which is a sensible idea and non-sense idea. Those projects were using non-sense approach just wanna try to scam investors only. After they have issued assets and they will be running away with the investor's money. some crap projects even declared if they are doing ICO to get donations only.

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Bitbtc8
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November 21, 2019, 05:59:24 AM
 #43

Scammers wants money one way or the other and so is investors too, if project like BOMB token that only offers nothing but burning off tokens with deflation function can gain investors mind like that well i think that scammers will always find themselves who to prey on

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November 21, 2019, 11:44:26 PM
 #44

Real estate is just the basic option which every guy like you is thinking about when talking about serious investing. It's very popular among masses and people like it because it's "physical" enough, you can see and touch your investments. But that's not the best option as for me.

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November 22, 2019, 08:40:24 AM
 #45

Well, we have already seen that the cryptocurrency use case for blockchain is a winner. However, I also believe that we are only just beginning to see the beginning of what smart contracts can do.

Right now, most smart contracts are used for rudimentary tasks like delivering tokens for ICOs and handling funds for investment pools. I think their main use case will be in IoT, which is an emerging tech.
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November 22, 2019, 09:05:10 AM
 #46

For sure it can go wrong, nothing is protected from failures. Especially, if a project has a real use case, but greedy management, bad community and poor roadmap. There are more important things that a working product.
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November 23, 2019, 05:36:45 AM
 #47

For sure it can go wrong, nothing is protected from failures. Especially, if a project has a real use case, but greedy management, bad community and poor roadmap. There are more important things that a working product.
For a project to be successful everything needs to go right, a project that the only thing that has going for it is its use case does not really have anything.

The developers need to have the abilities to make the project a success, even something as basic as the chemistry between the team members is critical since I have seen some projects failing precisely for that reason, they also need to set realistic goals if they do not then the community will get restless and may sell their coins and stop their support to the project.
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