Quote from: Cnut237 on August 10, 2018, 07:36:51 AM

Quote from: orangelemon on August 09, 2018, 05:51:50 AM

I think crypto currency market will never survive due to several reasons. I will not go into technical depth, you all knows what I am saying, so its better to get out from this before too late.
1- Crypto not a decentralised its truely Centralised by big whales and manipulated, controlling prices according to theirs mutual benefits.

I disagree. I'm extremely confident that crypto is the future, and will pervade everyday life in the coming years. The simple reason is that in many cases it is so much cheaper, faster and more efficient than existing processes.
In an open market, companies are always trying to make efficiency savings, reducing needless costs in order to increase profit. Moving to crypto is a big change, but it seems inevitable to happen. And once big companies jump in, the general population will follow,

Look at the top few coins as examples. Ethereum can automate so many time- and labour-intensive manual processes - it's not just an ICO platform, it's so much more than that. And then Ripple as well - XRP is proven to produce huge savings in the banking industry, and is so much faster than existing solutions. And so on and so on as we move down the list. Yes, there are plenty of pointless projects jumping on the crypto bandwagon, but there is a lot of really innovative stuff there as well.

So don't give up - it's not just blind faith that sustains us here. We are all aware of the potential of crypto.

Very good post and I totally agree with everything you said...people have to stop looking at prices and call everything doom after a dip or talk about Lambos when we have an uptrend. One thing is certain, it will not stay where it is, it just is as volatile as it is. And behind the scene, there are so many encouraging things happening, but most people do not make an effort to look at these.