Bitcoin Forum

Hi everyone. I’m new around here.
There’s a question I’ve been thinking a long time. And I want to discuss it with you all if you interested.

Even after cryptocurrency fall do you think the usage of crypto will increases in the world or not? I know it’s maybe a fortune telling thing… But still wanted to know your opinion on that.  Especially considering recent news that crypto lending services coming to Australian markets (I saw it just a few days ago on my newsfeed).

Usage of cryptocurrency will increase that is for sure.  There are legit ICO that were launched last year and they are into integrating tokens for utility usage.  Like for example, some cryptocurrency use an ethereum based token as payment to their platform, or using their token will not be subject to processing fee.  Others integrate token as loyalty points when a customer buy an item and a lot more.

If you are talking about price fall, then yes, I think it will impact the usage in short term. A big majority of people use crypto just for speculation purposes AKA trading, gambling etc and other ways of profit making. Not for decentralization, privacy, freedom etc. But as few remaining projects will launch products that are really useful and better than their centralized counterparts, then people will start adopting cryptos genuinely.

Hm... So what do you guys think about this? This one is about bitcoin, but as far as I understand the author speaks about all digital currency. Specifically, this quotes "Bitcoin is perceived as the currency of the future, it is in fact, like gold, a currency of the past"

https://www.socialeurope.eu/bitcoin-not-currency-future

For example: Look at the first blockchain smartphone - HTC Exodus, that could be used by many people around the world. And now, they have added Brave as the main webbrowser in their phone. Do you see the cryptocurrency usage in a real life? I see.

Yep. Pretty obvious. Personally, I think crypto will grow as much as the internet once did.

Yes I am very confident that future crypto currency users will continue to grow because with Blockchain technology, people will increase the speed of transactions in all fields, and maybe in the future every country in the world will have their own altcoin as a means of transactions other than fiat

Yes, I genuinely believe that the usage of cryptocurrency worldwide will increase as many people become knowledgeable of Bitcoin.  In my country,  many people are aware of Bitcoin and many are already member of this forum, with high rank.  They encourage their family and friends to join and likewise these families and friends do the same and so on and so forth.  It rapidly spread through communities.  Many don't mind this bearish market, to them this is just a phase and will eventually end.  Bitcoin or cryptocurrency cannot be stopped because this is the new era, computer age and Bitcoin is the future currency of the world.

The use of cryptocurrency will increase when all the campaigns that do not have their own product will leave the market.

I think that while the price of cryptocurrency is so low and volatile - people are afraid to buy and use cryptocurrency. as soon as regulation  comes and the price will stabilize then the using will increase

Yeah I believe so. The price does not necessarily affect the usage of a cryptocurrency. As long as there is continued development of the project, then its usage will most likely increase.

In my opinion, crypto users continue to grow even though the conditions for crypto prices are deteriorating. Many websites have promoted crypto, this affects the number of crypto users every day.