The future of CryptoCurrencies

[newguy05]

Currently it is more than 1500 cryptocurrencies trading in the market, total market cap is around 450 million usd and BTC dominance is 42%. It's very big amount of money pumping in the cryptocurrency market. The way they run the cryptocurrencies are successful enough to replace by the national currencies. In the long run some amount of money will be lost in the ecosystem but there is also possibility to make huge profits.

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[Dudeperfect]

We must understand that Bitcoin is still in the development phase and no one know what is going to happen down the road. However, as of now, we should work on inculcating the habit of using cryptocurrencies as a payment system. I agree that we don't have legal support yet but still, it's not illegal so I believe that movement is growth and spending Bitcoins would help the network to grow.

[Topaz72]

I truly believe that Crypto will be successful in future and the fiat currency will be replaced by the same up to certain extent.

Agree with the post mate, even now if we go some market and ask for the bitcoin payment system they say so proudly to use it, we can see the high growth of bitcoin which is increasing more and more  with time,. Abilities of the crypto currencies specially the bitcoin is very much and it is expending more on the behalf of increasing number of investors and highly increasing demand of bitcoin, so the future of crypto currency is very bright now almost all payment systems are turning to digital system and it will be the only currency in future according to me.

[keykey1]

Hello, This is my first post within the general forum area. I am happy to be a part of such an important community. I don't have to convince anyone here of the importance of Crypto-Currencies. I am curious what some people think about the future of these currencies. Do we consider them commodities? I am curious if Bitcoin/Litecoin/Namecoin/etc will ever be traded on an open market much like currency exchanges or NYSE. They are currently traded on an open market but the transfers are limited to payment systems that can be difficult. My question is this: Does anyone believe that Bitcoin will be traded on a massive level alongside other currencies like the Euro, U.S. Dollar, etc? If this happens than Bitcoin could likely become the worlds largest digital currency. However, until Bitcoin can be adapted to large-scale physical dollars or coins they will remain a digital currency. They are obviously much more secure than credit cards and financial market holdings. I hope that Bitcoin can become more of a liquid asset. That would change the game indefinitely. The more liquid the currency the more available it becomes and the transactions become easier. Anyways.... I appreciate anyone's insight into this matter as it will help me decide whether to invest in Bitcoin for the long haul. Thanks!

See you on the other side,

Mahonias Mavrostomos

Over the time cryptocurrencies and blockchain will be introduced into different areas of society life more and more. These technologies will significantly change our lives. We will work more effectively.

[doaremon]

The future of crypto currency is Bright. Because day by day the people are getting more engaged with crypto currency. So, indirectly the investment in this sector is increasing. The value is also going at a high rate. But yes it's not approved through out the whole world. So, there is a possibility of being restricted. If it's restricted then all the investor will be shocked and a possibility of getting through bad situations.

[Divyanshu2710]

Good luck for this platform.
Highly informative post!!

[Verona25]

In the future, bitkoyn can be recognized internationally and approved by something like a "crypto-currency standard." Not necessarily the consent of all countries. It will be enough to involve several leaders

[Shreek]

for a moment, we still see crypto currency as a commodity only, not legal currency, but we do not know what will happen in the future. because of the bitcoin volatility hard to predicted.

the value of bitcoin has dominated over the gold value for 2 years, even some figures predict that bitcoin in this year will reach $ 100000.

so with that value, bitcoin will have the chance to become the world's largest digital currency. and also with support from the world when they accept bitcoin, bitcoin will be traded on the open market.

[SmurfFF]

http://evoorhees.blogspot.com/2013/05/bitcoin-2013-role-of-bitcoin-as-money.html

This is Erik Vorhees' speech from Bitcoin 2013 last weekend - I highly recommend reading it and at least his next-most-recent post.

Although it was 5 years ago, still it's pretty good.

[dvillier]

Concur with the post mate, even now in the event that we go some market and request the bitcoin installment framework they say so gladly to utilize it, we can see the high development of bitcoin which is expanding increasingly with time,. Capacities of the cryptographic forms of money exceptionally the bitcoin is in particular and it is consuming more for the sake of expanding number of financial specialists and profoundly expanding interest of bitcoin, so the eventual fate of cryptographic money is splendid now all installment frameworks are swinging to computerized framework and it will be the main cash in future as indicated by me.

[dvillier]

The eventual fate of digital money is Bright. Since step by step the general population are getting more drew in with digital currency. Along these lines, in a roundabout way the interest in this area is expanding. The esteem is additionally going at a high rate. In any case, yes it's not affirmed all through the entire world. Along these lines, there is a plausibility of being confined. In the event that it's limited then all the speculator will be stunned and a plausibility of traversing terrible circumstances.

[bongnor531]

Lots of good information here. Thx

[lanareyDEY]

In fact, if you look into investing in crypto currency, it's easy enough. And time requires roughly speaking only registration the most difficult is registering new ones, in principle, it's better to invest when you are 18 years old.

[ayeba]

The Federal Reserve could issue its own digital currency, as some global central banks are exploring. Large companies such as Amazon, Walmart and Starbucks might issue digital coins that inspire trust and gain wide acceptance. Retail giants, by accepting payments in the currency, could elevate Bitcoin, Ethereum or another cryptocurrency above the others vying to offer safety, soundness and utility. Finally, if  trust is lost in government-backed, or fiat, currencies, a cryptocurrency future could come about by default. That may be a risk not only in places like Venezuela, but in the U.S., where federal deficits are spiraling.

[Al-e_x]

welcome to the forum, but you do not forget that spreading bitcoin to the public is also our job, bitcoin is an imperfect commodity, meaning that bitcoin will become a legal commodity if a country legalizes bitcoin, then there is bitcoin regulation, and there is also a bitcoin tax.

for now, bitcoin has not yet entered into the currency list in big exchange. because bitcoin is still unstable. but bitcoin has the potential to enter the free market and large exchange, competing with the USD, the euro, and others.

bitcoin will be a state asset if bitcoin already dominates every transaction, like in japan, bitcoin is a Japanese asset, but it can not be owned forever.

[muhammedb]

It really interest me to joining this forum.
Bitcoin can be used as other local currency if only the government can understand the true value of bitcoin and accept it,  using bitcoin as a miss of local transaction will really bring good satisfaction to bitcoin hold, I think in the nearest future bitcoin will be used as in some countries just like local currency.

[Odlanyer]

Bitcoin is very helpful nowadays its helps us a lot, it's helps to get our needs and wants, when you apart of bitcoin your future life become brighter when you have an determination and patient to every work you do and you get lot of information here and it will improve your knowledge.

[Chulahk]

Bitcoin is very helpful nowadays its helps us a lot, it's helps to get our needs and wants, when you apart of bitcoin your future life become brighter when you have an determination and patient to every work you do and you get lot of information here and it will improve your knowledge.

Being part of Bitcoin is such a good thing. It give us a bigger profit and greater and stable investments. Many coins rely on BTC. It is the only hope for having a good future for crypto currency world. To give them will to strive more, we need to show to them our help and support at many times. Bitcoin is the best coin leading all coins and positioned at the top from the very start.

[Ronald Lane]

Future of Cryptocurrency ? Investing in Cryptocurrency like Bitcoin (BTC) is good or bad ?

In my view a smart investment and very high vigilant investment could bring a good return via Cryptocurrency. You need to be well learned and quite active. Being a Cryptocurrency Investment consultant I always guide other who want o invest in Cryptocurrency and help them to grow their money.

Start with small investment and initially do day trading means invest small amount in a small cap ALTCoin and after day end or next day sale it when you see that you are now getting 15%+ profit. Don’t be greedy initially.

Upcoming Jio Coin, Ripple, Dag Coin, TRX are some of the good ALTCoins to trade in and get the good return.

Yes Crypto currency investment is more risky than normal Stocks or any investment but this is also true that you can have high return as well which other can’t give and can never give for sure. Only knowledge and understanding of this Cryptocurrency can help you how to lower you investment risk.

To keep yourself updated about good upcoming ALTCoins for investment and further prediction of the Cryptocurrency price drop or up, I would suggest to use crypto news apps in your phone to always get 100% correct news and upcoming challenges that you may face while trading Altcoins, like Ripple, Bitcoin, Ether, etc.

[Lester Atkins]

The future of crypto-currencies is as speculative as the current prices have been in recent years, nobody knows for sure what the future might hold, but we all want to get into it anyway. This is an age of smart technology, if we can admit that smart systems based on artificial intelligence will one day be main stream, thus in the same measure we can speculate the same future for crypto-currencies.

The fact remains that many organizations and governments are taking serious interest in the crypto-currency market place. Most of these interests have been blamed of recent to be responsible for the price crashes we have witnessed and yet it is same interests that have driven some of the price surges observed over the years too. Many firms are now offering to receive payment via crypto-currencies, most are said to prefer the method as opposed to traditional methods without anonymity.
The question whether more governments and organizations especially the rogue ones who prefer to transact internationally on stealth mode remains to be said. All these are simply speculative at the moment and heavily driven currently as being a source for get rich quick schemers. We simply might just be in the middle of a revolution against traditional methods, and crypto-currencies offer just that in the financial sphere.
The future of crypto-currencies solely lies on me and you, do we accept this as legal tender, can we have a strong resolve to fight against future regulation of the market to suit the corrupt governments of the world? If the current general interest continues on this high note, we can say with certainty that there is a great future for crypto-currencies
I believe in the future of crypto-currencies. If you want to know more about different cryptocurrencies and how to buy them, here’s a resource for you.