Adoption Over Bull Run

[Furryball]

Its advisable to always look for projects that will have better adoption rate either as a bounty hunter or just an investor, if the project idea is not good at all the demand will be low for sure and it will make the coin devalued

[asriloni]

bull run can come anytime, only thing the new projects should be original and that will make the market better place, recetly i heard about project called hawk network, it has some good options, you can also check with follow link on the twitter page https://twitter.com/Hawk_HKC/status/1185539270456553472

Only a short hype and no more. Do you even hear about Elrond project? it was gaining so many partnership but it was bring investors to a big loss.
A new ico will get a hype in the early stage of the trade of its token in the marketplace but after that traders and speculators will be massively leaving the token and move to the another market.
It's about how you can defeat the hit and run strategy that already used by almost all of the early buyers of ico and ieo.

Look at how so many good projects have fallen drastically to the bottom.
Bullrun will only come when there was a big FOMO in the market and this create a big support in the buy wall to eat all of the pressure from the sell wall.
This comes when there was a huge news that bring good fundamental.

[Kambal2000]

Its advisable to always look for projects that will have better adoption rate either as a bounty hunter or just an investor, if the project idea is not good at all the demand will be low for sure and it will make the coin devalued

Exactly. People nowadays are looking for a good way to have extra income, and one thing that they can see is to hunt bounties. But, as we all know doing bounty is not that good enough to make profit due to scam project which led to legit projects affected too as people don't trust most of the project anymore.

[bitgolden]

Bull run could start before massive adoption, just like happened in 2017. And without bull run we can't talk about an adoption. Look how many people used cryptocurrencies in 2017 and how many in 2018.

Would it be much more better to hear, that the result of bitcoin adoption is bull run? But sadly, it is a fact that before, the reason why allot of people engage into crypto is because of the huge market value. But let's dive deeper into the question why? The answer is still Adoption, adoption of big projects such as ICO's that utilizes Bitcoin as their payment method to but altcoins which triggers the bullish trend of bitcoin.

I think that it is uncalled for to actually link the development of bitcoin to all these altcoins because if you look at the number of projects that has been released in the past, so many of them actually had pair with bitcoin? Most of them are on ethereum blockchain while some of them are on their own personal blockchain.

When it even comes to payment for the funding of the project from crowd, most of these projects do request for ethereum which the investors changes their fiat to ethereum and the fiat never even passed through bitcoin for us to have said it was because of altcoin that bitcoin had that significant growth then. Bitcoin has always won the trust of the investors on its own without the assistance of the altcoins, but rather, it is altcoins that has been relying on the increase of bitcoin for them to rise.

If we can get more adoption of bitcoin, then the market will surely be on the lane of bull run again.

[Anonymous100]

I see a lot of people complaining about the volatility of crypto market with the prices of all their altcoins have reducing drastically, and they hope for the bull run to come and everything should increase. I think that the bull run is not the best solution to the volatility of the crypto market, but adoption.

The best and main solution to the volatility of the crypto market is real world adoption. There are alot of cryptocurrency project that are very good and innovative but are not yet adopted that people outside the crypto space (which is a few percentage of the world economy), therefore there value is subjected to the market changes. But if they get adopted by the real world and there token value is based on the real economy (i.e daily usage by people) then the value would be on the increase regardless of whether the market is bullish or bearish.

Yes. I think it is also true to increase the crypto price, of course, the party that establishes a crypto company must be able to apply coins in real exchanges. So that the circulation of cryptocurrencies will always be there, compared to just the turnover in exchange.

[magneto]

Absolutely right.

Price movements in the short run are quite irrelevant in terms of long term holding or adoption. As a long term believer in bitcoin, one should not hope for periods of bullishness which can be just as easily offset by bear markets, but rather actual fundamental improvement in the bitcoin network, to which adoption plays a big role in.

Unfortunately though, a lot of institutional investors who enter this sphere have no regard for actual adoption and just want to make their profit.

[Onuohakk]

Adoption is really what we need now, but the issue is that so many people don't actually knows the usefulness of crypto cos each altcoin has her purpose of creation to the society. It's about time we make more use of crypto in our daily lives than only trading and hodling it to make profit

[iv4n]

Adoption is really what we need now, but the issue is that so many people don't actually knows the usefulness of crypto cos each altcoin has her purpose of creation to the society. It's about time we make more use of crypto in our daily lives than only trading and hodling it to make profit

Adoption is a process, it's what most people don't get. It's not something that can happen overnight, years and decades needs to pass before full adoption of crypto, and guess what? A decade is already behind us, we are in second one, and probably we will need to wait next one before that full adoption we all wait for. Reason is simple, demand will rise and prices will rise, it will benefit all of us. There is one more reason, crypto can make this world a better place, it's what I believe in. Bottom line, two good reason why investing in crypto is great!

[stephanirain]

I see a lot of people complaining about the volatility of crypto market with the prices of all their altcoins have reducing drastically, and they hope for the bull run to come and everything should increase. I think that the bull run is not the best solution to the volatility of the crypto market, but adoption.

The best and main solution to the volatility of the crypto market is real world adoption. There are alot of cryptocurrency project that are very good and innovative but are not yet adopted that people outside the crypto space (which is a few percentage of the world economy), therefore there value is subjected to the market changes. But if they get adopted by the real world and there token value is based on the real economy (i.e daily usage by people) then the value would be on the increase regardless of whether the market is bullish or bearish.

Adoption will also be followed by some government regulations so good luck with those. It will be a long process to fully adopt cryptocurrencies to the daily lives of the society. Indeed, many people in this industry are only focused on their personal profits and do not concern the overall state of the crypto industry. I do hope that many cryptocurrencies will be adopted soon and step into a new era of market.