LouVandetta
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December 08, 2019, 05:11:03 AM |
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One of the biggest problems that crypto developers face is that technology changes rapidly. It is very hard to stay current, they new to introduce better feature than what we have already in this space, who agrees?
It's supposed to be like that. But what can we say. New projects keeps coming here and there with the so called new features and technology, in fact it's just the same ol' features and tech. Especially with how fast technology growing each passing day, the developers needs to catch up with it as to make the investors and the future investors happy with their projects. We've seen quite the projects with the same features as the others. That's what makes investors kinda hesitant to invest their money in them. I mean like, why invest to the new one with the same feature, when we have a good older ones that aren't so different with the new ones. That's why developers have to use all of their knowledge to think of the newest way and fresh ideas to attract investors.
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huu78
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December 08, 2019, 05:12:55 AM |
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I agree with the growing technology from year to year has to be a new innovation so that the digital world continues to crawl forward not backward. So developers are obliged to make the latest innovations if they want to compete and get a day of Crypto society to try their new technology.
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BigBos
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December 08, 2019, 05:20:49 AM |
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One of the biggest problems that crypto developers face is that technology changes rapidly. It is very hard to stay current, they new to introduce better feature than what we have already in this space, who agrees?
if we talk about new projects, of course it requires new developments. This is done to attract investors, and can also compete with projects that have similar concepts. I strongly agree that they need to think about something new, because most new projects have concepts that are very similar to existing projects so they are only destined to die because they cannot compete. maybe the new development they need to make is to make features not found in other projects, but it seems like it's quite difficult to think about.
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joseyphil82
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December 08, 2019, 05:23:31 AM |
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Lack of research is what makes many leave a project for another even if the new projects offers same thing as the old project, for every coin you decide to hold always make sure they have different problems they fixed
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dimox
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December 08, 2019, 05:29:30 AM |
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right, more different your idea from the other, more success you are. what ico created, many of them its like imitation, like they are run out idea, so just put some stick, and stick it to the previous, it will be the new one, and the concept same like the previous.
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acdc
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December 08, 2019, 05:39:11 AM |
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I agree that technology develops quickly and older technologies may be replaced overnight. But most of the technology introduced in the cryptocurrency market is theoretical and it doesn't really solve anything. If you take any 2 coins to compare with each other you will almost be unable to distinguish their differences. I hope in the future the cryptocurrency blockchian technology will really have a positive impact on real life.
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xZork
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December 08, 2019, 05:43:44 AM |
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Yes, technology is always developing and people need to try to catch up. A good project is a project with good technology and difficult to be replaced, besides the development team needs to constantly try to update the latest technology and stay ahead of market trends. I will not invest in a project where their technology is at risk of being replaced overnight.
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rdewilde
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December 08, 2019, 05:53:19 AM |
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One of the biggest problems that crypto developers face is that technology changes rapidly. It is very hard to stay current, they new to introduce better feature than what we have already in this space, who agrees?
This is true, but however the old ones keeps overshadowing the current or upcoming projects because the old ones keeps trying their best to remain relevant while the new ones keeps doing a different thing altogether. Before we used to hear about different projects which says they will kill Bitcoin, ETH etc but where are they? I think its far better a project concentrate on building their own platform than thinking of how to kill an already existing one. Lastly, like you stated, upcoming projects should focus more on new technologies as it will make them relevant as time goes on.
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princesspoppy
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December 08, 2019, 06:07:46 AM |
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Yes, I do agree that technology changes rapidly, we can't do anything about that because change is inevitable. But that doesn't mean that we should always change our decisions and ideas in order to make new crypto projects that will be acceptable to the market. Project developers should focus on one thing they think the market and the cryptoworld really needs. This project will serve to be their tool for innovation.
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KnightElite
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December 08, 2019, 06:12:33 AM |
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Most of the projects that are offering in the market are homogeneous, the meaning is they are offering products and services that are similar to each other. There are only few projects that are becoming successful because of their new added features that investors can be benefited. There still many problems in the market and projects nowadays should focus on solving the problems that we keep experiencing.
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Bitbtc8
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December 08, 2019, 06:15:04 AM |
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Would have been a good thing if developers spare time for themselves and read posts on this forum, they will surely learn alot, the reason why people aren't that into investing in project today is because they are just same copies of old projects, this means the new project aint going no where
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sayaya17
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December 08, 2019, 06:29:52 AM |
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I agree with you, that if there will be a new project at least the developers must be prepared with new ideas and new features, even though actually having new ideas requires thinking and effort so as to provide freshness in the ICO or IEO world and they must be able to convince investors if their project is worth following.
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Samayuki
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December 08, 2019, 06:49:15 AM |
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Its not a must to invest in new projects but people still dreams about finding good coins that can live to the standard of top coins on CMC today, well its not impossible but make sure such new project offers a fresh solution to crypto space and you found yourself a new gem
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BitcoinHunt3r
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December 08, 2019, 06:56:03 AM |
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One of the biggest problems that crypto developers face is that technology changes rapidly. It is very hard to stay current, they new to introduce better feature than what we have already in this space, who agrees?
Not feature maybe, and new project in crypto must already have it's own product. I think that is better than speculate people's money and then create product that they actually not know how the product will be. Maybe if big company start to make token sale, and the token is really have relation about their product that already used by a lot of people, it can be good for the project itself, token, and investors.
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drlukacs
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December 08, 2019, 07:16:00 AM |
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One of the biggest problems that crypto developers face is that technology changes rapidly. It is very hard to stay current, they new to introduce better feature than what we have already in this space, who agrees?
Yep, we need big ideas and are more relevant to the crypto market. Many projects are ridiculous to want to raise money for a clothing store to sell their clothes ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Besides opening a chain of vegetable shops and there is no commitment to share the profits after investing ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Many of these projects puzzled me and seem to have frustrated many investors about ICOs. In fact, ICOs are not bad at all, they are just being used by many startups to cheat or give silly ideas! do you agree with me ?
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itchycoin
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December 08, 2019, 08:15:12 AM |
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Its hard to create something new in crypto today. Maybe whats why i dont see anything intresting anymore
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naikturun
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December 08, 2019, 08:35:22 AM |
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maybe it should be but, mostly just competing to make the same project. and they also already know the results, it's like they already know the results but still continue to do the same thing. like a hamster running on a spinning road, it will never run out unless you stop and think about a new road.
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Wysi
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December 08, 2019, 09:14:25 AM |
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Change of technologies are not the problem because the major reason why new projects and existing projects are not performing well is the duplication. If you take crypto based payment transfer project you will find dozens of them with almost identical features without anything new so developer should not come up with similar projects rather they should come up with new technologies which will attract the market.
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mrdeposit
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December 08, 2019, 01:24:56 PM |
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One of the biggest problems that crypto developers face is that technology changes rapidly. It is very hard to stay current, they new to introduce better feature than what we have already in this space, who agrees?
This thinking exists in every industry, even the accountant has to learn new programs evolving every day. You cannot survive if you are not prepared for innovation. In fact, this race becomes tougher in the decentralized market where this competition is strong. Although they are created this year, there are several projects that got place from top ranking, because the former owners of those places are now obsolete.
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sehoon
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December 08, 2019, 02:17:44 PM |
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One of the biggest problems that crypto developers face is that technology changes rapidly. It is very hard to stay current, they new to introduce better feature than what we have already in this space, who agrees?
That's probably one of the reasons why bitcoin just keeps on popping off. It's because the technology behind it is actually one of the top technology nowadays. That's indeed true, it's alright to innovate the product as long as it is going to be really consistent and not fall off after a few months.
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