Bitcoin Forum

I believe one of the major setbacks of the present crypto space is a lot of new projects are focused on providing the fastest easiest crypto coin to be used for payment purposes and transactions however considerably lower effort is placed on the vendors who are actually going to be accepting payment in form of cryptocurrencies because what is the use of having a crypto payment card full of money that you cannot spend.

Whitmore payment gateways a inform of PayPal and the likes accepting crypto payments from multiple coins without necessarily issuing their own coin then there will be better adoption of cryptocurrencies by both business owners and customers.

Indeed maybe there is too much projects and people don't know what to choose, but PayPal is against of buying crypto with, and if PayPal will somehow fix the refunds problem and will let people buy crypto with then more people will buy crypto.

I think the issue for accepting cryptocurrency as a payments is where the funds came from. Companies/merchants will be liable if they accept funds that came from illegal activities and they can be legally persecuted for it. I think this is the reason, why most of them dont accept crypto easily because it is hard o verify where these money are coming from.

There is still a large need for adoption and legalization before more vendors accept bitcoin or crypto payments. This is given because cryptocurrency is still very young. But I think the projects trying to achieve this is a good step.

Regarding Paypal and crypto, it is definitely a bad fit.

This requires legal supervision. Currently cryptocurrencies do require formal legal documents. This will allow more merchants to support cryptocurrencies until that time. I think cryptocurrency payments will also get more people like it.

You are right there are so many of them, but they are positioning themselves when the market grows for cryptocurrency payment, cryptocurrency payment will be adopted in the future, it is guaranteed to be, and it always pays for a project to be in the market, when that time comes.

You're all right. It is easier to say that the project needs value, and the value of the project is its community and the service that this community uses.If all these points are present then the project token will be priced and demanded in the cryptocurrency market.

no yet but will become new user to adopting crypto and get payment crypto only.
crypto have future, dont be late to colect now when become popular and replace fiat around the world

actually the biggest problem is that nobody is focusing on this!

you see most of the project nowadays are focusing on the best way to get the most hype so that they can get pumped biggest and make the most amount of money. the result is obviously disastrous as all the altcoins have turned into shitcoins instead.

Well, this thing take time and we might have to wait a longer while before we begin to see mass adoption in the crypto space, though we now have a lot of companies that accept crypto, this includes for hotel booking, making purchase of goods and services and also payment for domains and host, I recently heard that a well known bakery “Domino’s Pizza” now accepts bitcoin as a means of payment for purchase of pizza, I believe more to come soon

I think this can easily be accomplished if those crypto payments ecosystem that sounds new to many can be easily integrated into existing conventional ecosystem which people are already accustomed to. Not all people have the patience to learn new things but if it is integrated into what they are using before, it will be more easier for them.

You're right OP. New projects / new coins seem to be very easy to make, rather than their use (as a media transaction). In my opinion this proves, that cryptocurrency really needs a cold helping hand from the government or the bank to change the various policies that have been made by his party so that the movement of the cryptocurrency can expand freely reach the general public, and can trigger the growth of new adoption even to the level even greater adoption.

This is the main issue I have with majority of the crypto projects designed for cryptocurrencies payments ..Majority of them fail to establish the requisite networks and co-orperation needed for their projects.. High value but no usecase is a waste in my opinion.

Almost every other day is witnessing the launch of new cryptocurrency while its seems like a mirage for the adoption of this coins as payment options. I have observed that its only bitcoin that is being accepted as a means of payment while other are more or less junks . I hope the developers work on the adoption other than wasting raised funds on developing apps that don't have real time usage

That's why bitcoin is the sole cryptocurrency that everyone can use. The adoption of it has been widely spread unlike those projects that are popping everywhere and tells the community that they are a good payment for goods and other stuffs. You hit it correct that you have money but there's no people that's willing to accept it as a payment. Ofcourse, merchants, businesses and other people that are into this kind of community would love to choose the crypto that's accepted by majority and that is bitcoin, not a project that proclaims things that they can't make it happen.

the core of our problem is that public demand is still low. so crypto progress in the market is not optimal. in the economy. it will have a negative impact on the offer. public knowledge about crypto is still low so their enthusiasm for crypto is also low. we must increase crypto spread in every place. we must explain the crypto benefits to the public.

But you can get another way to liquidate your coin or convert it into the crypto which already accepted by a lot of merchants such as bitcoin. Basically, crypto payment will work like converting your money into the fiat directly.

The problem is that most of this so called crypto payment projects are created only for the purpose of making profits from selling coins and not for helping crypto to grow and improve. It's sad but this is the real truth. A very few projects are truly focused on creating a good coin that could pe used for payments and even those projects get lost because no one gives them a chance.

yes you're right, the crypto payment project is a setback. we already have lots of coins that can do that. btc, eth, and others, and there are also stable coins. so why don't we encourage every ecommerce to accept crypto. not making another coin from the begin.

You're right.
Eventually cryptocurrency like most other technology will need world government bodies to introduce regulations and legal guidelines to aid adoption.

More payment gateways accepting cryptocurrency form of payment from crypto cards or other payment forms like barcode scanning can go a long way in the real use of cryptocurrencies for daily shopping activities like buying food from a local store or paying for coffee or transportation and other things like that.
Without this payment solutions for vendors, owners of crypto cards will still be limited in the ways they can spend their cash

It is possible that many crypto payment projects have been developed because they see the long-term prospects of crypto, the possibility of crypto being accepted as a daily payment method is entirely possible. But at the moment, crypto is something that is still too young, it is still not popular with many people. The lack of clear regulations from governments, huge fluctuations in crypto prices are barriers that really make it difficult to be accepted at this time.

I think it is not just paypal that will going to open the opportunity for cryptos, we can even buy on bitcoin atm's that can be located somewhere on our place. Also to contact our friends abroad or near if they have available crypto that can be sold to us. But maybe, if paypal will going to let these things happen, more positivity will going to be with crypto.

There are a few projects focusing on creating an ecosystem for accepting and providing crypto payment options with fiat on and off ramps.

Check out cryptocom's relatively new project (ticker CRO) that has nodes and methods for accepting payments for various crypto (ie. a merchant doesn't need to decide what crypto to accept or reject).

Essentially they are trying to make a replacement or new VISA type system with lower fees for merchants, which will encourage their uptake.

because people who know this method are people who are still in the crypto scope, and even then not everyone can accept, maybe only a few. and for the community at large, still do not know the project, even to just know what crypto is.

I agree with you, crypto is still very young and the current regulatory problems slightly hamper crypto development
but I am sure that in the future there will be many merchants that accept crypto payments

Basically, most of the projects you are talking about is focusing on the investment capability side of the coins, they are pertaining how to increase the market value not knowing the potential market factors that can directly make it happen. Bitcoin has lightning network, ethereum has the best transaction speed. That should be an inspiration to others.

The question is not only in the reluctance of sellers to use Cryptocurrency. There is no reliable way to transfer to ordinary money, if you mean ordinary firms. How to fix them. A small number of people willing to use these payment methods. We need machines to transfer cryptocurrencies.

I think electronic money is growing. It has time for people to receive it. Electronic money is good but the important factor for people to accept it is the need for a strict legal framework for electronic money. I know many European cafes have used electronic money to pay

The initial and most noticeable of crypto is payment. Launching a project based on payment usage of crypto is also the easiest. However, like the OP stated, very few payment project turned to reality. A majority of those projects were created to scam people or so. Very very few projects were and are being seriously developed.

The same problem goes with platform projects. Many coins were created to be platforms for other coins. But along with the fall of ICO trend, many platform coins were put into trash bin. Projects with running product is as rare as gold in the sand now.

Many projects is just a copycat of the other project, and they can't even provide a real good payment option. There might be too many option right now but in the future when the demand increases this cryptopayment system will have their hard time to accommodate everyone. Making a new way to beat VISA and MASTERCARD is possible in the right time, also there are coins who can now compete with paypal if there's enough opportunity for them in the market.

I agree, money laundering is still a big issue for cryptocurrencies, these merchants/companies only have a little way of verifying their customers sources of funds. They dont want to risk being legally persecuted if they have been accepting dirty money.

KYC doesnt even help since it somewhat dismays legit customers from using their services

Cryptocurrency is a very young technology and it’s understandable that there is little where it can be used now.  But over time, I will give it all a fix.

very interesting topic and we already know strange things but no one has questioned it yet.
if we look back, almost all over the world have been able to receive BTC, ETH, LTC, DOGE and other major coin currencies.
but not many altcoins and usually only for their own project platforms.
I just hope that next time cryptocurrency will have more place in the world.

Because it need legal arrangements. Every country has their own financial rules. For example in my country all finance records keep must in national currency. So if we will trade with USD, we can calculate its ratio with our currency and keep records in.

So trading with BTC or any cryptocurrency needs a regulation. And it will some times more, I guess.

I think the big nomber of projects are focused on providing the fastest easiest crypto coin to be used for payment purposes and transactions is not a setbacks, it is more a competition, a selection. In the end there are only few the best will survival, some which people want to use.

The problem is that in the bottom line cryptocurrency in the ready business is much more difficult. Any online store that sells digital products may already cryptocurrency as a means to pay. But. I do not think that our great tax authorities will approve such a system today. The problem is that the anonymous cryptocurrency continues to evolve, and users of the world of cryptocurrency in all possible ways to avoid publicizing the individual. What makes it impossible at this stage to use a cryptocurrency as a means of payment.

There will come a time in the future that only few coins will have real life usability and the rest will just die off, too many coins and tokens are just popping up every day, it's way too much only fee are useful

I do not think that the major projects that aimed to release their credit/debit cards based on crypto are so far in their development. I know 5 projects, but none of them have released this idea till now, patiently waiting to see this happen.

Instead of using it in payments, after they have got to learn basics knowledge about the crypto space, they trade and make small profits. Leading the destruction of the coins goal, and therefore failure of the project itself. Why not just consider using one digital currency rather making something new. New coins are just one way to steal money out from the pocket of new investors, and gives a negative image dragging some good projects out there.

Yes i do feel the same, The plugins and tools needed to make accepting crypto easy are becoming more and more available. They will integrate it when more and more competition is doing it as well.

Do you noticed a paradox? So much talk about ico projects, cryptocurrency, artificial intelligence. But when I begin to ask simple questions "what project do you support?", then silence in response. People make view that know everything, but they even don’t have the basic understanding how the blockchain works?

Try to be more positive. Blockchain technologies are still entering a phase of growth and are still far from universal use. Although I agree that jokes with chocolate bitcoins show the not too smart side of people. People are easily led astray when they do not understand what they are dealing with and hear bikes. That's why I like projects like Taklimakan, which have a good educational base for newbies who are just discovering the world of tranding and for a more confident user who can share their knowledge

I would not dismiss large service companies that run their token. for example, paypal, instagram, microsoft. I had a little time to earn extra money when writing forecasts on the taklimakan. and I do not plan to sell tokens just for bitcoin. trader's portfolio must be balanced

I think somebody will create (as there already is in market ) easy plugins for merchants / POS terminals and stuff like that to accept crypto . And it will not matter with what crypto you pay ERC / BITCOIN or any other coin/token . As long as it will have value , it will be accepted .

Sometimes you do not know where to go. not everyone is able to support the conversation about blockchain technologies. thanks for the tip

Indeed, there are too many cryptocurrency payment projects and still few of people accepting them as cryptocurrency payment gateways. This may because of the issue of legality and regulation unlike Paypal. But the adoption is slow but surely will be massive in the near future and only crypto payment platform that truly meet the market needs and the consistency of the team in developments will survive.

Crypto payments coins are not really used to buy things. They are mostly used for trading like other coins. The problem is, who really want to accept a coin with a big volatility?
Except if this coin is very stable, merchants won't accept it. It is like accepting a salary in cryptos. It is good when the coin is in the uptrend, but very bad in a bear market.

Yeah right now they are very much payment project. But still i guess this is still a time for the compettition because we know that crypto payment are just begin popular in this time. Same like industrial age that many people are competting to make a long stand product. And the innovative one that can survive in this competition bussiness

over time, each more or less adequate platform will fasten the ability to accept payments in cryptocurrency, and then there will be real competition.

The fear of losing the value still at stake from most people that's the reason behind why crypto coins that's been developed are not getting anywhere, the actual usage for the sole purpose ain't materializing, still being kept for trading and investing purposes, only time can say if adoptions will really happen in the mainstream community where crypto will be use as an alternative to fiat currency.

Perhaps this is the beginning of the cryptocurrency era, the whole point is that there are people who use cryptocurrencies only as a hobby. Many people began to use cryptocurrencies in this respect. so I think that from so much.

As stated we are in the very beginning of a new era which is revolutionary and has got everything associated with technology. Maybe more payment related projects seems unwanted, but these are necessary in my view. Just think of few years back, there is very few payments service like PayPal, now we've got lot many and we use the one we feel better.

All I just see are duplication of system, job and responsibilities. The bureaucracy in this industry is getting too much and quite annoying to me. We already have a system that has been design and has never disappointed which is bitcoin, and even If in agree that it is good to break monopoly, Ethereum has already done that, so why still come up with solution to a problem that has already been solved.

I am not even against them creating projects, they would have just come as sub under Bitcoin and all use Bitcoin to create whatever project they are working on, instead of creating coins, some of the ones that even have similar projects needs to merge their services. We don’t need more projects, what we need is more Bitcoin adopters.

Regulation is the main key for the countries and merchants to start accept cryptocurrency.
Once that regulation is done then everything will work fine.
Funds and taxes is the big issue on acceptance, we should wait more for this.

What is keeping cryptocurrencies from mass adoption? No regulation, so some people think that cryptocurrencies are used mainly for illegal activities.

Are they really positioning themselves or just after the benefit of what they can get, if they are really positioning themselves, then why are they all failing, we don’t need too many of them for the future of cryptocurrency to be successful.

Leaving blockchain payment aside, before the invention of blockchain technology, do we not have other payment processors that have succeeded in managing the entire world which they are few. I.E paypal and co and the system have not collapsed, despite the fact they are few. So in blockchain too, we just need few and solid ones to position themselves for now and for the future.

You are very well learned, developers forget that for adoption to be observed by the masses they need to carry the merchants along. Developing wallets and cryptocurrency without incentives to the vendors will omly lead to slow adoption of cryptocurrencies.

The same can be said about cryptoexchanges. Crypto has its own special way of development. A sufficient need for cryptocurrencies has not yet been formed, but an extensive infrastructure is already being created that is not saturated. Maybe now we need to act not in the expansion, but in the development of what is for adoption.

For cryptocurrency to have mass adoption, it does not need to be given any form of regulation by the government, because that might amount to decentralization. Instead, the projects that are Bering lunched, most especially the serious ones, should come up with useful products.
These are what investors will see and draw their attention, not only to the coin, but to the product.

Yes.It's really hard to realize mass adoption even in the future knowing that there are no strict regulations behind it.The government itself would still be the answer for this.If only they can backed up cryptocurrency then it will be more easy for the people to believe in crypto and use it in different transactions.Legalization from the government and its adoption would really give clarity to all the issues.

You are right lots of startups are too focused on producing the fastest theoretical transaction speeds and designing fancy looking apps and not on real world use cases and these projects will likely be superseded so make sure you avoid investments of this type if they don't have a decent strategy to achieve broader adoption

Since most of those projects offer the same services, can they just out their own coin idea aside, jettison it and work with those coins that are already established to serve this purpose, if they don’t do that now, we will have too many coins to choose from serving the same project.

If every project established is always to serve as a payment gateway, they what product do they want to use such payment for? We already have some that has already been fully established, is that not the sole reason why Bitcoin was created? Sometimes I just see other payment idea as a way of really duping people professionally since they know that it will eventually not work out in the future.

There are indeed lots of these kinds of projects and almost all are struggling at the moment. I just think they tend to ignore the most important thing: the product marketing , the product ease of use and incentives

need many step before we hit there
especially when crypto need to regulations to avoid ilegal or evil activity on crypto. And need to sphread to peoples about crypto

Yes. If electronic money is used by many people to pay, then alt prices will rise very fast. I hope one day there are many areas of using electronic money to pay

It's so true actually, too much crypto payments projects but in reality people don't even know that project and most of them are not accepted in public. I think it takes time imo, it's hard to courage people to accept crypto payments in their life and also so many people still don't know what crypto is.

I think it is because some people actually don't know what is cryptocurrency, and even though they know they will mostly heard the bad things about crypto. However, that kind of thing happens to almost every innovation and invention. People always hard to accept and event fear something new that they do not know about yet. Other factors might be the government regulation, some of the government still have grey regulation regarding cryptocurrency.

For merchant, they will accept bitcoin as payment as long government regulation allow it. But many country ban bitcoin or crypto for payment and their reason is crypto used for criminal activity like money laundering. I think need more explanation about crypto to peoples who dont know about cryptocurrency

I understand somehow your sentiment about the proliferation of different payments but only few has adapted in it, well for me, its not an overnight success, it would depend on the team and developers on how they work on their project, if they give up then it should not be fine, as we are all aware that there are thousands of supporters and investors.

This issue depends in our individual analysis,. we see that there are hundreds of exchangers nowadays, but they also have limitations, most and few people are not satisfied in it, maybe this is the reason why some developers tried to make an ICO for exchanger project, which is a good thing, a hundreds competitors still the best, as long as they dedicated to their project

I am agree. Crypto investor have choice to select their own exchangers. Cryptocurrency can not used as payment because government regulation and i think its different perspective. In several country, like Japan, merchant accept bitcoin or others crypto.

Hopefully soon bakkt will launch, it will solve the problem of bitcoin and definitely help both bitcoin and the merchant, and more and more services will accept bitcoin as a payment method because they will receive fiat at the end, 

Yeah, because peoples still afraid to using cryptocurrency. For example there are still peoples that thinks bitcoin is a ponzi scheme.
There are many of them bought bitcoin and altcoins in 2017, and having a great loss since then.
Need more good news in cryptocurrency world to get more peoples join and using crypto as our global currency.

Well, not all crypto projects for payments have the trusted team and concepts by the companies that relate to the payment and transaction. First is about the uncertainty and volatility of the crypto that cannot be ignored. Of course, it will make some commerce companies fear to accept and use the crypto for payment method. It also relates to the security and trust of the users.
Although there are actually some good coins that really feature and match to the payment and transactions, they probably need other moments to be more accepted by many more people.

Well, they are more focused on investment, because they continue to make development and road maps. So that investors know how they are going forward, is it worth investing?

I very much hope that in the near future we will really observe the development of all those companies that conducted Eco companies and that their coins will actually not only be involved, but also have corresponding value.  It is not for nothing that analysts speak negatively about most cryptocurrencies in the cryptocurrency market, since they are practically garbage.

Basically, we know that every investment had risks, so does setting up a project. Setting up and making a project is one hundred more risky than investing.

cryptocurrency really has one big minus in terms of payments for goods. this is volatility. T, e in the case of return of the goods at what price to return the cryptocurrency. Both the buyer and the seller can play on this.
 

in my opinion for the project problem like that there are several projects whose crypton payment cards can only be used but are still limited, not like emoney, which is wider in scope but in the future crypto payment cards may be able to be wider and more useful.

You just made a very interesting observation which i myself find very odd because in reality maybe 1 out of 100 of this projects can actually provide that service i.e if their is any, many project since 2017 have portray their self's as the project that could make cryptocurrency to be easily accessible and more spendable,  but some how they are unable to fulfill that promise because getting a license from card provider to operate is not as easy as they make it sound, thus, this projects ended up disappointing investors.

The challenge on illegal funds for funding crypto projects, services and payments has made most projects to requests for KYC. Most projects that promise to provide debit cards and those who eventually provided are still struggling with acceptance and payment fees as it's obvious there is more to products development than just white paper

No matter the product marketing they are doing, they are simply just too much and will find it difficult to really function properly in the face of competitions, in a football competition, everyone will not always win so as this crypto market too. The existence of competitors, doing same common projects is making some of these payment projects not effective.

There are few vendors in the market that will make use of all of them, they can only choose few based on their personal interest and the ones they will always go for are the payment projects that are already ahead of others, they will always go for the ones that are more recognized and used.

crypto currencies are like waves in the ocean for now, this is the main problem. tonight you buy 1 btc for 5k but in the morning you may see a suprice that it is just 3k. before people use these, they must be much more stable and trustable.

It is not an issue that there are a lot of payment  projects  as competition is healthy. It could be confusing but the market will decide and the  best solutions will win.

in fact such a concept is indeed less interesting and potential because even though in the end crypto will be used as a payment but it will still not be realized in the near future, people are still not interested in crypto because of its payment function, people are more interested in crypto investing and trading, so I think such a concept is still not suitable to implement now so it is not surprising that many such projects fail

I see that many crypto currency payment projects are not matched by recipients of crypto currency payments. I just want to suggest that the number of crypto currency payment industries and the number of crypto currency coins that emerge should be followed by the large number of people transacting with crypto currencies. We as crypto currency lovers must spread the ease of transactions with crypto currencies to more people so that the crypto currency market is increasingly crowded and the number of crypto currency payment projects is not in vain.

this is one of the issue that we need to address. there are alot of projects that are trying to offer almost the same thing but alos i feel its a competiton and will be survival of the fittest. adoption is what is more improtant.

That's why newer projects aren't wallets anymore, theres no way two thousands assets would get adopted around communities, rather they are supplying the blockchain solutions through public or private chain, anyway as long there's no adoption nothing will grow, or simply a few will succeed

In this time there are more payment project bounties. But still i think this is still a time for competitors because we all know that crypto payments are just going popular in this days. Many people are struggling  to make a long stand product. And the  one that is creative and has an improvement can survive in crypto business.

many projects that circulate do not mean that outsiders will be amazed and then start accepting crypto payments, it's not that easy. outsiders will accept crypto payments when they see high demand, a very large number of bitcoin users, not from a large number of projects..

I think some of the projects that have surfaced and created a focus on profit-making, no more actual application. Most of the time they appear then disappear without a trace, and no updates can be found. I have seen promising projects, and one of them is cryptobuyer. I'm not affiliated with them or anything, and I know that they have been running since 2015 even without the cryptocurrency boom and you are sure that it's going to be implemented with the people. I have seen that they are the ones performing the crypto payments all around the hyperinflated areas, and merging with the true partnerships to improve their standing. They are the ones that are looking promising, especially in the future, actual applications are the real deal.

yes, crypto have a bright future, but to replace fiat,, thats sounds hard mate
because of the regulations on each country is deifferent,,
maybe in the future there will be a solutions for that

There is a big possibility that soon PayPal will be introducing a platform that can bridge cryptocurrency and its established payment facility. As of now, maybe the people behind PayPal has not determined the market for this that is why they are dilly-dallying the decision. Indeed, there is a big divided between the multitude of payment projects and the people who are using them for good. I am not sure why this is the case...is it lack of marketing or maybe the market is not yet that well-developed for now and is waiting for more time to mature? We need to reverse this trend to make the future of this industry more secure, sustainable and far-reaching.

With time, people will usually get use to the idea of using crypto payments, which is why we need large institutions to adopt cryptocurrency and enforce it on their users. Take a look at apple and Samsung, every time they announce the launch of a new version of their products, days before its launch, people queue up to wait and buy it, it shows how much they are desperate in getting it.

If this type of company comes up with crypto payment for their products, they don’t even need to enforce it on their customers for 50% of them to accept it and use it. So I believe that we will still get to that stage where people will focus more on crypto payment system to that of trading.

Not using widely is the main reason. Today's coins are like test version and when the right time comes better ones will come to the fore. As in XLM, MIOTA, BAT and others. I can even say that some of them are well on this regard.

That's the major problem in the current condition. Many people have idea, no doubt! But only few of them are working on their ideas, and only a little are doing marketing to attract common people to use crypto for daily life (only little of them are working on adoption). So, it's kinda useless.

I believe that the biggest problem is that cryptocurrency is not as accessible to ordinary people as we would like.  For example, a simple resident can not just take it and use it.  Therefore, cryptocurrency is not very trusted.

It is true that there are a way too many projects focusing on easy and fast payments but competition is a good thing and market will decide. When large mega companies start using crypto the mass adoption will speed up. Crypto is still a young technology, it needs time.

The crypto currency is indeed out of balance. Many crypto currency projects are running but very few have made payments. This is not balanced and makes crypto currencies lose the trust of investors. Indeed there are many development teams that create crypto currencies but don't really think about their functions and benefits. Many coins that appear to be trash on the market because the benefits cannot be felt. This is what is dropping the crypto currency faster. If indeed the coin wants to stay in the market, it must be considered the real benefits. In addition, bounty campaign hunters can be paid with other more potential coins to avoid the price of coins falling due to large-scale sales.

such a tendency, specially conceived beforehand, or comes in the course of work. First, the team positions its token as the only option to pay for services, and after collecting it, fastens an alternative, and the demand for the token drops.

that would be reasonable, when for a new project, their market had not yet been formed. when registered will make the demand continue to decrease, until later reaching the lowest limit, and there will be improvements if the project really runs and develops. the real journey of the project is starting from after the decline that happened, where we can really see growth.

It even appears that there will soon be more cryptos that platforms that accept these payment systems, but the interesting thing is that the choice is left for the platforms to choose any payment processor to so wish to. Bitcoin and Ethereum have actually gained most popularity and wider acceptance in crypto payments. Any other project that wants to beat their record should have to work very hard and prove beyond every reasonable doubt why they should be allowed to stay

Quite hilarious, it then means that the aim of the crypto project has not been completely achieved, crypto is supposed to solve the payment problem with ease of transaction, speed and less transaction fee, until then. However the acceptance will be gradual but certainly not all but only few will win it.

This is indeed the truth. There's been too many projects focused on being alternative means of payment and to be honest, it kinda stalled mass adoption as an industry with such a rat race would not be taken serious by major players.
Fortunately, newer projects have turned their focus into developing practical uses that will influence the life of an ordinary individual (http://bit.ly/2K0GUby) and with more and more projects taking the initiative, mass adoption of cryptocurrencies will be closer than we can imagine.

In fact, the cryptosphere only began to develop. I think everything is still ahead, especially in Bitcoin.

Why there's still this large disparity between cryptocurrency projects and its user base is due largely to the difficulty index in using cryptocurrency. That merchant who only understands paper money will not agree to accept what he doesn't understand this leads us to lack of knowledge of the underpinnings of cryptocurrency. For mass adoption, there are still great heights to attain.