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Author Topic: Cryptocurrency in its infancy stage?  (Read 212 times)
akopjpuge (OP)
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March 10, 2018, 12:20:18 PM
 #1

Hi guys do you really think cryptocurrency, blockchain technology is in its developing, and adopting stage? Do you think too that in the future internet will be based in blockchain and cryptocurrency will be use in our daily life?
ManaMan
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March 10, 2018, 12:28:01 PM
 #2

Hi guys do you really think cryptocurrency, blockchain technology is in its developing, and adopting stage? Do you think too that in the future internet will be based in blockchain and cryptocurrency will be use in our daily life?

First off all blockhain technology can function without the need for cryptocurrency in the first place and today you even have some cryptocurrencies that don't implement blockchain but are working with DAG diagrams. As we can see some companies are looking ti implement blockchain and maybe we will see even governments as with it you can track any changes and still keep it decentralized, the only problem is that most of these will be private blockchains.

For crypto currency to be used in daily life a lot of time has to pass simply because whole infrastructure has to change and you will still have some people that will prefer national currency over crypto.
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March 10, 2018, 12:42:46 PM
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Hi guys do you really think cryptocurrency, blockchain technology is in its developing, and adopting stage? Do you think too that in the future internet will be based in blockchain and cryptocurrency will be use in our daily life?
The blockchain is about distributed ledger system that works for peer to peer transaction. As far as i can understand about the blockchain is about the automation.
Internet will not be based on the crypto because there is a lot of various ideas. I meant blockchain try to created such a decentralized system to replace the old economic system.

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March 10, 2018, 12:47:37 PM
 #4

2017 is only the beginning stage of cryptocurrency, so 2018 is likely to be a better year for cryptocurrency. Invest in your encrypted currency for a long time.

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March 10, 2018, 12:49:37 PM
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Cryptocurrency is at start stage, for sure. If you ask friends and relatives , or just people around you, how many will tell you that they do know what "token" is? Im sure less than 5-10% of them tell you "yes, i know".  It  will take at least several years when cryptocurrency will more popular.

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March 10, 2018, 12:52:39 PM
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Hi guys do you really think cryptocurrency, blockchain technology is in its developing, and adopting stage? Do you think too that in the future internet will be based in blockchain and cryptocurrency will be use in our daily life?
It is indeed on its infant stage, but unfortunately it is not being received kindly by the government and different financial institution such as the bank. They look at crypto currency as a threat to them and wants to destroy it during its infant stage.

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March 10, 2018, 12:58:08 PM
 #7

It undoubtedly is in the beginning stages because adoption is under 1% still. Most people barely know what Bitcoin is and average people have zero idea what Ethereum is about. That said I am a firm believer this is our future and it will rapidly transform every industry on this planet. I can only hope cryptocurrency payment adoption is 5 years away, but I feel like we may have to wait up to 10 to get fully adopted everywhere which isn't bad either.

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Ctn
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March 10, 2018, 01:00:48 PM
 #8

Hi guys do you really think cryptocurrency, blockchain technology is in its developing, and adopting stage? Do you think too that in the future internet will be based in blockchain and cryptocurrency will be use in our daily life?

Yeah I do think so that blockchain and the depended crypto currencies are all in infancy stage. If they wouldn't have been so then I'm sure that we would have been using them in the real life too. Yes, because there are many missing slices in the pie that we still need to develop which depicts that we are in the infancy stage.

About the blockchain replacing the internet, I don't think that the protocol which was made for the blockchain really contains the info about such networking. I think it will stick to transaction purpose and transmission of digital data with small sizes only.
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March 10, 2018, 01:09:47 PM
 #9

You can not say whole internet but yes most of the services may become decentralised and thus will be powered by blockchain technology.
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March 10, 2018, 01:18:36 PM
 #10

Hi guys do you really think cryptocurrency, blockchain technology is in its developing, and adopting stage? Do you think too that in the future internet will be based in blockchain and cryptocurrency will be use in our daily life?

I strongly believe that cryptocurrencies have a bright future in every industry. We are still in an early phase not many people actually own cryptocurrencies,but many have heard of them. It is a matter of time until all these great projects that are funded through ICOs start implementing their tokens and ideas. Be safe and DYOR!
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March 10, 2018, 01:25:57 PM
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I believe blockchain technology is in its infancy stage, lots of good stuff will be based on it.
As to cryptocurrency, it will continues to involve. I am not sure if the most influential cryptocurrency has come into being.
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March 10, 2018, 01:27:52 PM
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Hi guys do you really think cryptocurrency, blockchain technology is in its developing, and adopting stage? Do you think too that in the future internet will be based in blockchain and cryptocurrency will be use in our daily life?

I believe its infancy stage was around 2-3 years ago. Its now pretty much gone mainstream specially with all the media coverage and FUD its been receiving. But its generally still early. Definitely a good potential upside in the future.

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March 10, 2018, 01:57:40 PM
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Yes, I think digital currency are our future, but for now just at the primary stage, so need to be further solved the problem of throughput, I want to choose the digital currency  is coming,

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March 10, 2018, 02:00:51 PM
 #14

The technology will be around forever now that the cat is out of the bag.  Big companies and financial institutions are trying to figure out how best to cope with it, but I think in the long run they will all adopt it in some form.  Right now many are trying to dismiss it, but they will come around.
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March 10, 2018, 02:02:05 PM
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Hi guys do you really think cryptocurrency, blockchain technology is in its developing, and adopting stage? Do you think too that in the future internet will be based in blockchain and cryptocurrency will be use in our daily life?
It is difficult to give an unambiguous answer to this question, since much depends not on us but on the governments of countries that are considering such an opportunity. Everything is possible that soon it will be at the level of the national currency, but it is still too early to talk about it because of its imperfection.
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March 10, 2018, 02:17:06 PM
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i believe that bitcoin is indeed in its early stages of development and adoption, which you can call the "infancy stage".

but unfortunately the altcoins are in a very terrible stage, it is in a pre maturity stage or pre infancy if you want. and right now they are not taken seriously either by developers or anyone else. the technology is serious though and that is why you see everyone only is excited about their technology not the coins.

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March 10, 2018, 02:33:08 PM
 #17

Hi guys do you really think cryptocurrency, blockchain technology is in its developing, and adopting stage? Do you think too that in the future internet will be based in blockchain and cryptocurrency will be use in our daily life?

Blockchain technology which is the underlying technology of cryptocurrency is still in developing stage, however the use of cryptocurrency in the future is not certain, but blockchain will be more adopted as time goes on.

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March 10, 2018, 02:42:49 PM
 #18

We are in both a developing and adopting phase at this moment.

There are just so many companies that are developing solutions in this area and each day we are hearing of some new concept or ideas that will change the world.

And at the same time, we are seeing a slow and steady rise in the application of cryptos in many areas of our world.

But this development and adoption phase will not be a long one, not unlike the tech which took a few years from development to bust, we are  seeing adoption growing daily and fast.


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March 10, 2018, 02:45:28 PM
 #19

For sure, blockchain is in it's adopting stage. Only few companies implemented it in their businesses. And a lot of companies are planning to do this.
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March 10, 2018, 04:15:01 PM
 #20

I think that the crypto-currencies are in the embryo stage. This is just the beginning. In the future, everything will be connected with blockchain and cryptography.
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