Blockchain and its future beyond Bitcoin

juvyjabian (72) · 7 years ago

I could not think how big cryptocurrency will be in the next 2 years.

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16 votes

good-karma (76) · 7 years ago

Yes, this space is radically changing and that's why you hear people saying 2 years in blockchain space is like 2 decades, a lot can change just in few months

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omarrium (61) · 7 years ago

I absolutely agree with you, it's already happening on everyday basis and it feels good 🤗

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juvyjabian (72) · 7 years ago

Indeed.

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11 votes

x-p (47) · 7 years ago (edited)

It is also going to be interesting to see what cryptocurrencies will be around in the next 2 years

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doqstrader (50) · 7 years ago

i think u should think now.. u r millionaire!!! right??? start to plan big now.

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juvyjabian (72) · 7 years ago

Its good to think that im a millionaire :) funny

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condra (67) · 7 years ago

It's fascinating watching the whole thing unfold and develop. There will be winners and losers along the way, but I believe STEEM has a shot at being something very significant.

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good-karma (76) · 7 years ago

Exact my thoughts, current climb is overdue growth in a way that for the last year or so we have had stalling/bearish market with occasional ups and downs.

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pigboywilson (33) · 7 years ago

Steem is at least a unique platform for now and a first mover in the space so that should put it good stead for the future hopefully.

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juvyjabian (72) · 7 years ago

Hi therre. I tried using esteem again but everytime i wanted to comment it wont post. It says that I need authorization. What password is accepted in esteem by the way?

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good-karma (76) · 7 years ago (edited)

Hey @juvyjabian,
When logging in you should use master/main password, but you can also login with your posting and active privatekey by enabling Advanced option on login screen. Btw, update is coming soon...

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juvyjabian (72) · 7 years ago

Thanks @good-karma

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x-p (47) · 7 years ago

It is not a question of "if" Crypto will be mainstream, it is just a question of "when"

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17 votes

good-karma (76) · 7 years ago

Exactly and it is already happening

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4 votes

condra (67) · 7 years ago

I hope you're right. I'm banking on it. Literally.

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x-p (47) · 7 years ago

@condra don't invest money you can't afford to lose

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jznsamuel (71) · 7 years ago

it's really great to be a part of something revolutionary, almost like creating history! better late than never, i guess :)

15 votes

tnkspe119 (39) · 7 years ago

I still would say you are not late at all. Most of the experts in the industry feel we are in the "early adopter phase" of the technology development cycle. The image below is just an example of the what the tech dev cycle looks like. I got the image from http://prod.sandia.gov/techlib/access-control.cgi/2013/133933.pdf
Screen Shot 2017-05-21 at 4.45.30 PM

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pigboywilson (33) · 7 years ago

On point bud!

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jznsamuel (71) · 7 years ago

@tnkspe119 it's always been a case of what if, 'what if I'd adopted it a few years ago'. interesting information, thanks for sharing and it's good to know we're going to be a part of an exciting future.

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writeonelectron (32) · 7 years ago (edited)

I have seen this chart before and heard that we are still in 'early adopters'. I frequently ask
strangers - at a park, in line, party, etc. if they have any BTC and most do not even know what it is. Those that do know think it is 'internet money' and have no idea of the world changing blockchain ledger smart contracts, etc. At age 69 I am wondering how much change I will see, I expect a lot!

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adriansky (70) · 7 years ago

Very true i'm really looking forward now for the future ahead of us being more in control for the people!

abh12345 (76) · 7 years ago

Indeed! Followed for some more good-karma 😁

fishjojo1 (6) · 7 years ago

I believe that cryptocurrency is the next future!
steem on!

juvyjabian (72) · 7 years ago

I think that future had already started.

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murkie (43) · 7 years ago

Its a new age we're living in! Cheers! Followed u :)

barvon (66) · 7 years ago

Perfect posting from you @good-karma
I like the way you make posts, all your posts are classy and many people love it.

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hms818 (61) · 7 years ago (edited)

Blockchain has got huge potential.. to understand how it is going to impact the future beyond bitcoin.. check this amazing film on blockchain: https://steemit.com/bitcoin/@hms818/blockchain-and-us-an-inspiring-blockchain-documentary-must-watch

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14 votes

ahmadhassan (51) · 7 years ago

Bitcoins will be hacked just wait :D

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good-karma (76) · 7 years ago

There are dozen more projects that offer what bitcoin is offering, as I mentioned it is not all about bitcoin anymore 😊

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juvyjabian (72) · 7 years ago

Its also about steem :)

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good-karma (76) · 7 years ago

Yes, exactly... Steem offers much more than what bitcoin offers. But bitcoin and its network effect contributes to all these new projects...

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writeonelectron (32) · 7 years ago

I have been saying for a couple of years that when BTC gets to 50-100k will will see hacking
like never before in the history of the internet. This is when the problems will be solved, if not,
it will be total disaster when BTC gets to 1 million!

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rhino (56) · 7 years ago (edited)

This is just the beginning. I dont think we've even scratched the surface of what is possible.

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bbkoopsta (53) · 7 years ago

I agree with you, the world is leaning toward technology more & more maybe we will have a cashless system in the future!

how2steemit (54) · 7 years ago

Blockchain future is bright but it is raising a host of policy questions ,about financial stability, consumer protection, choking off terrorists’ finances, and tensions between established and upstart financial institutions and between regulatory agencies.

attratsuccess (27) · 7 years ago

People want safety and simplicity and Steem can hit the mainstream by adding value. I like where this is going...

good-karma (76) · 7 years ago

Indeed!

frankintaiwan (45) · 7 years ago

agree, but we must face when more people join, more scale more slower in this decentralize system.

good-karma (76) · 7 years ago

That's why we have highly scalable solutions like Steem and other Graphene chains. There are other projects in the space working on scalability solutions, I am sure we will have chance to test them soon :)

frankintaiwan (45) · 7 years ago (edited)

cool learn!, i'm new to steem, I though it is same as way of bitcoin system.
So steem doesn't run like decentralize way? or what's concept of it

good-karma (76) · 7 years ago

Welcome! It is decentralized, censorship resistance, rewarding social blockchain! :)

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crackdown (45) · 7 years ago

i am new to steem, but since i register now i begin to leave another socmed.
tbh, before i am here i spend 2 hours on my facebook but now 30minutes in two days, and you know what ? i forgot to log in to my bitcointalk, i forgot another ICO..huftttt

good-karma (76) · 7 years ago

Glad to hear that, it means Steem is doing it suppose to do :)

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hattorihanzo (52) · 7 years ago

Cryptocurrency is growing exponentially. Though I do worry about a lot of these alt coins that have nothing to offer and huge market caps. When those bubbles pop, regulators will focus on the industry because people who don't know what they're doing and want to get rich quick, will run crying to them.

8 votes

good-karma (76) · 7 years ago

You are right, that's why one should always do due diligence and learn fundamentals of each project before putting money on any of these projects.

robertdurst10 (58) · 7 years ago

Excited for SteemFest!!!

automaton (56) · 7 years ago

We have yet to tap the potential of blockchain. It's already solving issues of income inequality in the world. Next up: Housing and healthcare.

good-karma (76) · 7 years ago

I agree, noticed few projects that are commodity-backed blockchains as well, which is awesome to see.

crackdown (45) · 7 years ago

i prefer we think about how blockchain can help human healthcare first. steemit is enough for social media.

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cckan (42) · 7 years ago

very interesting, i'll keep memo about this topic!

siddartha (63) · 7 years ago

Have heard this Steemfest thing so much, I wonder what it is....

good-karma (76) · 7 years ago

Check out @steemfest account to learn more about last year's event! 😉

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siddartha (63) · 7 years ago

Thanks, I will check it out.

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jrhughes (57) · 7 years ago

Got my very first mining done today. As a nearly computer illiterate, middle aged mother of three, it took e forever to learn enough to be able to mine. Luckily my husband is good with hardware so now that I know how to do the set up end of things, we are looking into building a dedicated rig.

Interested to know what you think would be the best crypto to mine at this point?

good-karma (76) · 7 years ago

Cool, I don't mine often but I like privacy coins that are mostly undervalued, check them out, Ian sure they will get more attention coming months 😉

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jeffjagoe (72) · 7 years ago

Thanks for sharing. Do you think bitcoin will be able to adapt to the demands of the crypto-market before becoming completely outdated and overcome by the more progressive alt-coins?

good-karma (76) · 7 years ago

I don't think it will be able to handle scaling, but other projects will always play role in adoption and may very well take over big part of market!

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newschannel428 (55) · 7 years ago (edited)

love the update and i am looking forward to it happening

sassal (54) · 7 years ago

The moon is only the beginning :)

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good-karma (76) · 7 years ago

Indeed

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gindor (52) · 7 years ago

You are right here, we are only at the beginning! What coins will be the ones to keep an eye on in the future?

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good-karma (76) · 7 years ago

Definitely, Steem, Bts, Eth, Eos, Xmr, I am sure many more :)

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pigboywilson (33) · 7 years ago

It's the wild west baby and the horses are just leaving the stables!

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arcange (73) · 7 years ago

Congratulations @good-karma!
Your post was mentioned in my hit parade in the following categories:

Upvotes - Ranked 4 with 546 upvotes
Comments - Ranked 8 with 74 comments
Pending payout - Ranked 7 with $ 526,27

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6 votes

jamhuery (61) · 7 years ago

It is true, we are always on steem

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6 votes

muxacr (34) · 7 years ago

How would you like this idea? please share it as much as possible.

A crypto exchange on blockchain with the own crypto as a basic currency.
The value of the crypto currency will be a constant number - linked to the computing power to create a block inside the chain itself.

There are similar projects that are being created as we speak by some ehtnusiasts like NVO.

But they are missing the core element - basic currency of the future crypto world to measure the value.

more info here
https://steemit.com/money/@muxacr/project-crypto-as-mother-of-all-crypto-currencies-and-automatizaiton-on-money

This such a far-fetched idea, that will literally change the perception of money and make such resource as computing power the new main resource of the world

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lautenglye (54) · 7 years ago

great...

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hilongs (42) · 7 years ago

I think within 10 years banks will no longer exist. And governments will be threatened by the use of Blockchain technology because people will be able to organize themselves without any intervention.

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jimy74 (52) · 7 years ago

Good article ! :D Thank you.

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libertarianec (45) · 7 years ago

nice post

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doqstrader (50) · 7 years ago

thank god.. im still early adopter.. while more poeple still sleeping in this blockchain evolution.

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geegitravel (60) · 7 years ago

Thanks for your post.

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bitrocker2020 (77) · 7 years ago

I would love to help organise one of those SteemFest in my country. I've been organising a lot of public events with Google and other Networking Groups at my locality. Is there any formats or guidelines where I can get more info ?

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good-karma (76) · 7 years ago

steemfest.com or reach out @roelandp

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maxtill94 (0) · 7 years ago

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