The simple fact that this industry is decentralized makes it VITAL for our society. For far too long corruption has ruined us.

Not sure if many people will be on the same side as me on this, but in my opinion crypto currency needs a stable value. Of course BTC/ETH/alts all have their important uses at the present time but paying for things with an asset that can be worth 5% more or less in minutes just isn't viable.

The idea of investing in crypto is mind boggling when you really think about it. Everyone screams we need a decentralized currency but a HUGE % of those people are just invested in ___coin & want to see its value rise so they can cash out back to fiat. I'm holding BTC not because I believe in it taking over fiat, but because I believe it will continue making me money.

What we really need is a coin anyone can easily buy, has a static price to only be adjusted for inflation by some sort of distributed consensus, and of course it needs to be easily accessible/understandable to non technical person - it needs to be as easy as setting up a phone service account with AT&T and paying the bill.

I'm sure there's probably some alt coin that accomplishes some if not all of that, i haven't seen it yet.

Probably one of the biggest problems of bitcoin is the volatility of the price and unfortunately I dont think this can be solved until all of the bitcoin will be mined, probably even then it is going to be hard because prople always buy and sell at a different price so it changes regularly. Why is this a big problem? Because for example if you own a shop and you sell products worth of 10000$ in bitcoin. Lets say 1 bitcoin costs 10.000$ at the moment people have buyed your products. On the end of the month/year you have to exchange that bitcoin into cash because cash is better but the price of 1 bitcoin fallen to 8000$ so your profit is going down with 2000$. Of course the price of one bitcoin could go up to 12.000$ and you have a bigger profit with 2000$ but the risk to to big and most of the shops dont want to assume this.

More protection. We can lose our money and there is nothing we could do.
So more protection on many levels.

I think the acceptance of the governments and local banks would be a great milestone for cryptocurrency. Because more people will gain trust over it and more and more merchant are going to accept it.

They need a good investor and good management and also loyal promoter so that the cryptocurrency will more successful and fast growing.

I don't completely agree.
The efforts to remove corruption and to give the alternative to traditional financing, yes, but I don't agree about the part that the idea of crypto is to avoid regulation and taxes.
If that was true then we could say that idea of Bitcoin is to support anarchy and that is not true.

It maybe true that everyone in this community wants a regulation free environment but we cannot change the fact that the government is acting to have a regulation on cryptocurrency which is why many country started to regulate it. In accordance to the law people must pay taxes and that is the reason for regulation. It could be possible to regulate cryptocurrency so let it be rather than being banned.

Two things I would say is needed:
1. Most of the people coming to this industry are immature and entering the industry for monetory gain. These are the people who panick very soon and start selling the coins. If these people are educated about the industry, the market would be stable, which would solve the major problem this industry is facing
2. Need to have a community to approve and give a score to the new coins and token being launched through ICOs. This would restrict fraud and instill investors trust in the cryptocurrencis.

I think if we can work on these two things (to start with), then this industry would be more trusted.

This industry is still very immature, especially the ICO market, there are a lot of fraudulent ICO projects.
And exchanges have many unspoken rules because there are no rules to limit them.