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Author Topic: Where are we going with cryptocurrency?  (Read 2788 times)
crwth
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June 19, 2017, 06:49:42 AM
 #41

The always answer and the optimistic answer is up. Of course, the prices of the cryptocurrency will rise because we are in the technological age, and nothing will stop that because technology helps us so much. There are always surprises with Bitcoin and sometimes the alternative coins, maybe someday it would be priced so like ten thousand USD.

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June 19, 2017, 07:11:24 AM
 #42

As soon as majority of the world is informed and knows about digital currency, what do you think will happen? No matter how good it sounds to traditional banking, how much of the population will make cryptocurrency grow? 

Honestly, I think that there would be lots of dramas as we grow in numbers. Just like in everything else, humans tend to destroy things over simple and silly stuffs. There would be people, might even grow to teams, spreading FUD out there just so they can pump/dump the coins that they like. People will be busy trading. Never have I seen a bitcoin user that didn't eventually go full time on trading by quitting their day job. I guess it's because we have very low pay rate in my country but I also talked to some people in slack. They also quit their day job to go all in in making money from cryptocurrencies. We all want a money making method in which we can decide when to do work, and when to take a rest.

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June 19, 2017, 08:22:01 AM
 #43

We are going  to be rich with cryptocurrency because if we buy now and hold it for long term then it will make us rich because bitcoin is like a real estate property that year after year the price is keep going up and the only winners in the end are long term people so i don't think any kind of negative thoughts because bitcoin already gave me good life.
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June 19, 2017, 09:30:57 AM
 #44

crypto attract new investors because it's a new territory to be discovered, and investors like to invest in something new that have potential like crypto especially bitcoin and ETH

the value will continue to increase which will bring more increase, i believe crypto is the safest bet now, there is no other better return on any investment out there
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June 21, 2017, 10:49:13 PM
 #45

As soon as majority of the world is informed and knows about digital currency, what do you think will happen? No matter how good it sounds to traditional banking, how much of the population will make cryptocurrency grow? 
If all that happens bitcoin capable of known by many people then surely more and more the offline merchants who use payment with bitcoin, So with that everyone traveling will definitely not forget to bring their gadgets because with it they can make transactions everywhere either with barcode bitcoin or the other.
Yes for sure as because of the increasing price of Bitcoin is now high and most of the merchants are able to get bill through Bitcoin and now we can hope the future of Bitcoin will be the most popular currency. Soon our governments will also accept it and it will become legal currency. Its most price is increasing in investment and trading for sure the future of Bitcoin is bright and through Bitcoin our future is secure. online payment made life very easy and Secure.
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June 21, 2017, 10:55:27 PM
 #46

crypto attract new investors because it's a new territory to be discovered, and investors like to invest in something new that have potential like crypto especially bitcoin and ETH

the value will continue to increase which will bring more increase, i believe crypto is the safest bet now, there is no other better return on any investment out there
I'm thinking that it is very easy to equate the gold rush with what we're seeing within the crypto markets right now, that's essentially why everything is going up in value. I kind of want to start being more involved with it, and start getting in on some of the "panning" people are doing, but at the same time selling the shovels and sieves makes me money, albeit less.
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June 21, 2017, 11:07:15 PM
 #47

As soon as majority of the world is informed and knows about digital currency, what do you think will happen? No matter how good it sounds to traditional banking, how much of the population will make cryptocurrency grow? 
As we all know we all know that the cryptocurrency is a result of a rising technology so I guess this cryptocurrency have a very high potential and probably will be the future currency and no doubt because of many feature that it give us and make our life easier when it comes to money.
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June 21, 2017, 11:40:35 PM
 #48

As soon as majority of the world is informed and knows about digital currency, what do you think will happen? No matter how good it sounds to traditional banking, how much of the population will make cryptocurrency grow? 
If majority of the population jumps into the cryto market then we will be having some serious scaling issue and that would be fun. Cheesy Be it bitcoin or any other coin,there is a certain limitation for the number of transactions sent accordingly and if everyone starts using then there will be a serious issue of upgrading it to suite to the market demand and i am not sure whether they could accommodate every user.
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June 21, 2017, 11:42:23 PM
 #49

The market will expand until we reach a point where equilibrium will be created in the number of new coming investors.
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June 22, 2017, 02:29:23 AM
 #50

The market will expand until we reach a point where equilibrium will be created in the number of new coming investors.


New investors will start a boost in the bitcoin stock market.
Therefore you must prepare yourself for the price spike that will happen sometime, whether it is the fall in price or the rising price of the bitcoin itself.


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June 22, 2017, 02:40:58 AM
 #51

Once the whole world knows about bitcoin and crypto currency it will liberate them from oppression, exploitation and tyranny from their fiat currency that is controlled by bankers. They will feel the difference between bitcoin and fiat currency cause bitcoin is more superior and has some good aspects, it is not overrated and over-regulated like fiat currency. Bitcoin's decentralized monetary system is far better than a debt base scheme fiat currency. It will governments to ease up their monetary rules because of bitcoin, if not they will be crashed by this decentralized currenry repeatedly until they realize it.

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June 22, 2017, 02:57:16 AM
 #52

As soon as majority of the world is informed and knows about digital currency, what do you think will happen? No matter how good it sounds to traditional banking, how much of the population will make cryptocurrency grow? 
I don’t think information is going to be enough, people will have to see their currencies crumble before they begin to use bitcoin in a massive scale.
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July 02, 2017, 07:35:18 AM
 #53

The market will expand until we reach a point where equilibrium will be created in the number of new coming investors.

Once the new investors come for sure the price will hike and reach another peak of it. And so bitcoin will take us more to brighter future. And if the government will permit to use it publicly for sure things will go smoothly and good. I think those who have saved cryptos in any forum like bitcoin or altcoin, they all will be rich by 2020.

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July 02, 2017, 07:41:21 AM
 #54

The market will expand until we reach a point where equilibrium will be created in the number of new coming investors.

Once the new investors come for sure the price will hike and reach another peak of it. And so bitcoin will take us more to brighter future. And if the government will permit to use it publicly for sure things will go smoothly and good. I think those who have saved cryptos in any forum like bitcoin or altcoin, they all will be rich by 2020.
Agreed, when new investment enter the network we'll be experiencing price increase. In the past too, the same took place when the legalization took place in Japan. A huge investment inflow took place and caused a price increase to a bigger level. Now too several good news has been coming from Countries all around. Hope this will make the price increase in a short towards $3000

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July 02, 2017, 11:25:33 AM
 #55

As soon as majority of the world is informed and knows about digital currency, what do you think will happen? No matter how good it sounds to traditional banking, how much of the population will make cryptocurrency grow?
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July 02, 2017, 11:32:12 AM
 #56

As soon as majority of the world is informed and knows about digital currency, what do you think will happen? No matter how good it sounds to traditional banking, how much of the population will make cryptocurrency grow? 

When majority of the world is informed I think there will be 100 times more users of cryptocurrency than it is now. The price of Bitcoin will probably not rise 100 times though, because there are many other cryptos which people will be using.

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Hui8
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July 02, 2017, 11:58:10 AM
 #57

As soon as majority of the world is informed and knows about digital currency, what do you think will happen? No matter how good it sounds to traditional banking, how much of the population will make cryptocurrency grow?
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July 02, 2017, 02:12:14 PM
 #58

As soon as majority of the world is informed and knows about digital currency, what do you think will happen? No matter how good it sounds to traditional banking, how much of the population will make cryptocurrency grow? 

When majority of the world is informed I think there will be 100 times more users of cryptocurrency than it is now. The price of Bitcoin will probably not rise 100 times though, because there are many other cryptos which people will be using.

I'm with you with that because 100 times is a bit exaggerated on its price for now but who knows in the future. Altcoins is certainly catching up on bitcoin although the situation

now is even though many of us are already using altcoins, our main cryptocurrency is still bitcoin.

being informed is just a first stage, the question is are people willing to learn cryptocurrencies, do they have the resources for it? what i observed on the people around me is

they come and go. they come because of money and when things get hard, they simply go.

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July 02, 2017, 02:22:05 PM
 #59

As soon as majority of the world is informed and knows about digital currency, what do you think will happen? No matter how good it sounds to traditional banking, how much of the population will make cryptocurrency grow? 
If majority of the population of the entire world would know cryptocurrencies existence then it would really be an advantage but the big question is what would they choose rather other than bitcoin,considering there are lots of alts in the market and also its really hard to believe that it will replace traditional banking but its really a great innovation after all- If community would mostly adopt this system then expect for more demand but still not a sure thing to happen though.

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July 02, 2017, 02:29:06 PM
 #60

As soon as majority of the world is informed and knows about digital currency, what do you think will happen? No matter how good it sounds to traditional banking, how much of the population will make cryptocurrency grow? 

When majority of the world is informed I think there will be 100 times more users of cryptocurrency than it is now. The price of Bitcoin will probably not rise 100 times though, because there are many other cryptos which people will be using.

I'm with you with that because 100 times is a bit exaggerated on its price for now but who knows in the future. Altcoins is certainly catching up on bitcoin although the situation

now is even though many of us are already using altcoins, our main cryptocurrency is still bitcoin.

being informed is just a first stage, the question is are people willing to learn cryptocurrencies, do they have the resources for it? what i observed on the people around me is

they come and go. they come because of money and when things get hard, they simply go.

I Think there are still a majority of people that are not using bitcoin or not interested with it, and if you rate it in the percentage I think the number of people that is not interested is in a 80% and only 10% of people that has knowledge with it, if you don't believe me then go out and see for yourself by asking random person in your community if they know what is bitcoin and I think 1 out of 10 will say that they have not encounter the word yet or don't know anything about bitcoin.
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