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Author Topic: Future of Cryptocurrency  (Read 1725 times)
Johannson (OP)
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April 26, 2018, 01:36:59 PM
 #1

Have you heard that telegram created an internal cryptocurrency ? Imo this is the next big trend, I believe that amazon, google and facebook will follow that in the future, and Bitcoin will be dethroned
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jseverson
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April 26, 2018, 01:58:44 PM
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Erm, no. Telegram launched an ICO for a communications platform on a blockchain that they plan on developing. It's internal, yes, but that means it's essentially useless outside of the system. It's also a token, not a cryptocurrency. The same would go for whatever tokens Google and Amazon decides to create. They're not comparable with Bitcoin in this respect, so it would be impossible for them to dethrone it.

The future would belong to ones which attain global adoption, and tokens that have very specialized uses are unlikely to achieve that.

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April 26, 2018, 02:14:29 PM
 #3

I do not believe such an end will happen. Whatever it is, I think that Bitcoin will always be at the top, after all, all the cryptocurrency industry is the head caster Bitcoin. Bitcoin has the same relative and gentleness in the cryptocurrency world as USD we use in our normal life. For that reason I believe that whatever it is, it will not happen and that Bitcoin will always be at the top.
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April 26, 2018, 02:38:44 PM
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It's a very big step for cryptocurrency. In my opinion, the new coin of telegram may become the most popular and most useful. Maybe in future this coin will take first place among all coins.
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April 26, 2018, 02:42:06 PM
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I think that when the government generally accept cryptocurrencies then the future of crptocurrencies begin.
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April 26, 2018, 02:45:34 PM
Last edit: April 28, 2018, 08:21:09 PM by hugeblack
 #6

I think @jseverson gave you enough answer about telegram.
Regarding the acceptance of Amazon and others by creating them own cryptocurrencies, as long as the use is within the site, this is called tokens.
If cryptocurrencies are accepted around the world, that does not mean we need more than 1,000 currencies, so these companies will not create more currencies.
The best scenario is to accept Bitcoin and the Top 10 Coins as a way to pay

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Lakash
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April 26, 2018, 02:53:12 PM
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i am not sure about this but i think this is not true. bitcoin will always end at the top among all cryptocurrencies.
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April 26, 2018, 02:56:10 PM
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Bitcoin has always been on top among cryptocurrencies. And will always be on top. Bitcoin cannot be dethroned.
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April 26, 2018, 03:05:28 PM
 #9

Cryptocurrency has a great future ahead. We need this, the flexibility it offers and convenience is great. More people and establishment will be using this in the future. I hope more government will support this and more regulation is passed to curb those scammers.

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April 26, 2018, 03:07:28 PM
 #10

Have you heard that telegram created an internal cryptocurrency ? Imo this is the next big trend, I believe that amazon, google and facebook will follow that in the future, and Bitcoin will be dethroned
It could happen because they all have enormous power. With a very strong financial ability then the company can make each cryptocurrency. For example, Facebook, we all know that Facebook is a big company and they can include cryptocurrency in the system that is on Facebook. It will also help increase the volume of transactions because everyone who access Facebook would inevitably have to use the cryptocurrencies.
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April 26, 2018, 03:32:50 PM
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no one can get rid of bitcoin in cryptocurrency, bitcoin is a benchmark of public interest towards cryptocurrency. bitcoin will be forever on top.

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April 26, 2018, 03:33:52 PM
 #12

Bitcoin has always been on top among cryptocurrencies. And will always be on top. Bitcoin cannot be dethroned.

I agree to this, any new investor in crypto starts with bitcoins. Those investing in alt coins are only some people who already have lot of bitcoins.
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April 26, 2018, 03:42:21 PM
 #13

Cryptocurrency will be more popular in the future especially to those cryptocoins that are reliable preferably at bitcoin, litecoin, neo, dash and monero. Hodling is very effective at those coins. Cryptocurrency makes our living fruitful because of the opportunities that cryptocurrency brought at me and my family. Trust, courage and patience is the key to have good profits at cryptocurrency.
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April 26, 2018, 04:02:24 PM
 #14

Have you heard that telegram created an internal cryptocurrency ? Imo this is the next big trend, I believe that amazon, google and facebook will follow that in the future, and Bitcoin will be dethroned
Cryptocurrencies are actually the future of monetary landscape.

Many companies, governments and banks are working on developing their own blockchain that will likely to be supported by some cryptocurrency. We will definitely gonna see many currencies from big names in future. But they might not be as decentralised as Bitcoin. Bitcoin being pseudonymous and decentralized store of value can be face changing currency. It gives financial independence to the people. As happened Zimbabwe and Venezuela where people due to high inflationary state currency, went into cryptocurrencies.
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April 26, 2018, 04:22:26 PM
 #15

Have you heard that telegram created an internal cryptocurrency ? Imo this is the next big trend, I believe that amazon, google and facebook will follow that in the future, and Bitcoin will be dethroned
Nasdaq is quoted to be ready to trade cryptocurrency. The fact that such organizations are embracing cryptocurrency is an indication of the future of bitcoin and blockchain.


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speem28
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April 26, 2018, 04:32:49 PM
 #16

It's a very big step for cryptocurrency. In my opinion, the new coin of telegram may become the most popular and most useful. Maybe in future this coin will take first place among all coins.
I don't see it being as useful as you said it would and the fact that there are a lot of coins who has better use-case than telegram that is still nowhere near bitcoin's price, it would be impossible for that telegram coin to take dominance.

I think that when the government generally accept cryptocurrencies then the future of crptocurrencies begin.

I think that when the people started understanding what cryptocurrencies are, then the future of cryptocurrencies begin.  Cool
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April 26, 2018, 04:36:24 PM
 #17

Have you heard that telegram created an internal cryptocurrency ? Imo this is the next big trend, I believe that amazon, google and facebook will follow that in the future, and Bitcoin will be dethroned

There is actually an MIT study that says that one possible way to kill bitcoin, would be for big names to create a coin as well, and we would end up being with a coin for almost every service that's available to us. A facebook coin, a google coin, an apple coin, an amazon coin, etc. Those coins would be completely different from BTC, because they would be centralized, but I do agree that if those services would be able to convince people to use them, by offering advantages on the services they provide, it could become a threat to BTC.

They would not offer any advantages over fiat, except for commodity and "promotions", but I guess that most people don't really care, and they would use them for sure. People will never understand the true value of bitcoin until a global financial disaster happens.

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April 26, 2018, 04:49:21 PM
 #18

I'm not sure bitcoin will be overthrown with the presence of new ico like ico telegram, and I feel bitcoin still on top and future of criptocurrency still exist in bitcoin
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April 26, 2018, 04:52:38 PM
 #19

PayPal, Visa, Perfect Money,... exist. does any of them "dethroned" bitcoin? obviously no. nobody in their right minds gives up a well working decentralized currency (bitcoin) and chooses a centralized payment system?

anything that Telegram or Facebook creates is going to be centralized and useless. they won't even come close to bitcoin!

There is a FOMO brewing...
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April 26, 2018, 04:55:31 PM
 #20

It's not clear when. If such a coin emerges, it will cause the market to shake.  But it's a process. Until then, Bitcoin still owns the throne.

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