Bitcoin Forum

So 1 month ago, bitcoin's value had horribly fell and the investors were very very disappointed.
We all know that one of/the reason why bitcoin's value went down is due to the theft of more than
$30 million worth of digital tokens from a cryptocurrency exchange.

Now as of June 24, 2018.

Bitcoin's value has slipped once again. ???

Let's turn the tables.

Is there any chance we can see AltCoins such as Etherem, DogeCoin, Litecoin, Ripple, Zchash?

What are your thoughts?

sure，In the future, when the blockchain enters people's lives, it will be possible for everyone to understand that it is widely accepted.
Cryptocurrency will eventually be accepted by people

It is hard at the moment, because the cryptocurrency market could transform the traditional banking industry and even lead to the unemployment of bank staff.
So I think most Banks would resist crypto-currencies.

Its not because bitcoin price dropping meaning altcoin may take over,why not try to look atvthe market cap,the more the bitcoin price drowning is the more he dominates the market share this indicates that altcoins only relies on what is bitcoins future

Yeah your right we can see someday about altcoins in banks but only following bitcoins steps because this great coin will be on top forever

Check that Ripple thing on your list, cause it might shocked the whole world someday (could be months or years from now).
Ripple is undeniably created for banks that's why it easily made its jumped to the top 3 with the highest market cap.
Supporting article: https://www.cnbc.com/2018/06/05/ripple-ceo-dozens-of-banks-will-use-xrp-product-in-2019.html

Banks will be forced to cooperate with the crypto currency only when the states legalize it and adopt specific laws and other by-laws on the status of the crypto currency and the conditions for its circulation inside the country. Banks are accustomed to working on clear government instructions and are unlikely to be up to this time to show their initiative, especially since they are not interested in introducing crypto currency into our lives.

Actually, this exchange hack doesnt matter that much. This is mostly market cycles and price manipulations buy big players.

Ripple has been talking about them being adopted to different banks.

That can be of possibility that altcoins will be adopted to banks but it all depends on what coins they do prefer but of course the top coins will be on the list.

It will be "crypto" in general, overall when the banks are ready to adopt it.

Yes, for me there is. If the developers or management keeps on boosting their advertisments and try to work more harder like those coins that you tell there is a big posibility for it.

Lol they are talking only to adopt the blockchain system of ripple and they have never talked to adopt ripple coin as a part of their ecosystem. They are only interesting to the blockchain technology and this has been discussed in so many times. You can try to read whole news about that in cointelegraph

Yes we would. But that would be online banks based on blockchain.
Current bank structure is too costly and non profitable to both depositors and loaners.
Blockchain banking would have low operation cost and a low difference in interest between investors and lenders.

all will change in August, because an expert in treding has already predicted that the initial bitcoin will rise in August or the end of the month

There are already crypto bank projects to be developing, so I guess there should be some exhisting in the future. But we need to take into account that the banks will also become some internet platforms.

I think it is impossible, altcoin will not be able to enter the banking world. Alcoin still can not be accepted in this country. Bank certainly would not want to take risks by receiving altcoin without permission from this country.

In our country, Ripple(XRP) was already available in our wallet, together with Bitcoin Cash (BCC). It's Just a sign that this altcoins would a really future in the coming years. That's why I'm dividing my investment in to different alts just to see how your investment can grow.

I will vouch for a yes, but it might not be fast though. As now many of the coins by various ICO are of no value and full of scams if centralize market take them in it will be a risk to them and the bank customers and not forgetting the highly volatile market conditions.

it will probably happen in your country but not on my country, because my country has rejected bitcoin as real payment currency,

I wouldn't say it's not difficult to accomplish something like that but it's highly possible. Different states need to first approve the usage of altcoins for crypto banks to exist. In a generation where only a small portion of people understand the mechanism of the crypto industry, it's obvious that banks wouldn't accept it either but awareness is key and we're slowly and steadily getting there.

Yes, Ripple technology has been adopted by several Banks but, is all of their Bank partners use XRP coins?
Are all Ripple products require Banks to use XRP coins in their transaction?

Are their Bank partners prefer to use Ripple products that use XRP or that do not use XRP?
It would be better to do research about it then you will find a bitter reality about the use cases of XRP among their partners

You asked a good question, but you probably did not think or probably do not know much. For example, the Ripple coin this is coin banks. Her price was up to a maximum of $ 3 and this is her ceiling. She won't rise above. The number of coins is unlimited, at any time can release more and the coin will collapse in the price, as the banking system of America. Further, Why cryptocoin banks, if already have now the ICO companies that have established their banks. It is for them and the future will be.

I do not think that we will see the alcoins at the bank, because banks will not be able to accept them, since their competitor is the crypto currency. But over time, perhaps the currency will replace all the cash. And it seems to me there will be no more banks.

I think that in the distant future it is possible, and maybe not as far as it seems. I think that someday all will be buying goods for crypto currencies and will not be the banking system as it is now, which fleeced us to the bone

I think not now. Banks are already in a panic of existence of coins, and not to talk about how they will turn into banknotes and circulate them. Many banks will face this, but the time will come when your words will be inevitable.

I think, once cryptocurrency mass adaptation happens, people will surely just use crypto to secure their funds instead of saving in banks. Since it is more convenient and fast, banks will most likely become obsolete in the future if they will not start integrating cryptocurrency in their services.

Until banks come up with how to make a safe profit from cryptocurrencies, they will not integrate it into their services.

Ripple CEO says 'dozens' of banks will use its cryptocurrency product in 2019 (https://www.cnbc.com/2018/06/05/ripple-ceo-dozens-of-banks-will-use-xrp-product-in-2019.html)
Watch the video mate it's the CEO talking in there.

I don't think so, some probably will but not all.

If it's only about their blockchain technology, they don't have too but they are highlighting XRP on it so there's a connection.

Only them can answer that.

It's centralized and if a coin is like that I'm stopping doing a research about it.

If many countries decide to legalize the cryptocurrency, it is quite real! First, crypto currency will be paid in shops, cafes..and then the cryptocurrency will take its place in the Bank!

I think this might be possible as alt coins are developing day by day and banks might surely take that chance.But we cannot predit the future.Hope to happen this pretty soon.

The mere concept of a bank is completely oposite to bitcoin and altcoins, in fact we are here to avoid using the old system and in search of something better.

The market of crypto currency is actually known by the bitcoin. It is the first coin in the market and it has earned so much popularity for its successful operation over the years. Bitcoin is now accepted by different banks, companies and governmental agencies. But altcoins will need more time to be like bitcoin or to be accepted by banks.

This is possible when banks are ready for adoptions this kind of system to involve cryptocurrency. Before that many things should consider if this system will implemented.

Even if they are promoting and advertising a bigger push forward is needed for the realization of the op question. Currently, that possibility of the altcoin on banks is still just a dream that will probably be achieved sometimes in the future. This market volatility needs to be settled for that adoption of the altcoins to take its place. I would personally also like to see that outcome but I can only hope for it like the rest of you. Manipulation is still in control of the market but for how long? Patience is the key at this time but the adoption of the altcoins is inevitable in the future.

What's the point. Isn't one of the reason why Bitcoin was created was to get away from banks?

Right.Of course there will be a lot of changes or adjustments if they start accepting altcoins like ripple in banks.I think in the near future banks will learn to adopt cryotocurrency since they want to cope up also with the digital world wherein most of the people particularly the millenials are obviously into digital currencies.

This is possible as more people are accepting cryptocurrency, there will be a need one day to have altcoins or all coins in the banks.There is a few deliberate sabotage but soon things will get better one day .There hope for even a tree that us cut down how much more an entire great industry like this.

Well, maybe in the future this may happen. But now at this situation it is very hard. It is very tough at this moment. But I believe one day this will happen.

I think we can see the AltCoins on the bank, because the blockchain technology is constantly evolving and will be more and more perfect in the future. This technology will be widely used in human life work, then the cryptocurrency will be Accepted and applied to real life

When there comes the time where the only currencies are used are cryptocurrencies then you can be sure that you will be seeing all types of banks where people can store their cryptos. But for not it is really not possible as everyone are just storing their coins for themselves but it is a possibility in the future. I have learned that when it comes to technology, there is just no telling what the limit is.