Making crypto succeed in the real world?

[sepeda karat]

broadly by the trader is possible, his responsibility is on the developers of blockchain, cryptocurrency fans, cryptocurrency investors and the government.The traders are afraid because of some drastic fluctuations in prices that can affect their income.

[darewaller]

broadly by the trader is possible, his responsibility is on the developers of blockchain, cryptocurrency fans, cryptocurrency investors and the government.The traders are afraid because of some drastic fluctuations in prices that can affect their income.

Traders are never afraid because of drastic reduction in price but they are just cautious of the volatility and find a safe way to play along. This is not a market that you can totally rely on TA as a trader and just enter a position in the market assuming things would just be fine based on that, but there are just so many other things you have to consider as an investor or trader as long as you are smart about what you are doing.

Regarding the growth crypto as well as its success, there is just so much to it than just the traders alone, as there are some fundamentals that will need to be fulfilled.

[beerlover]

The Usechain project is designed to work in the real world. About the project
Usechain is a blockchain platform that creates an application for identifying a person and binding it to specific services: crypto-currency wallets, service applications, for insurance or in lending, the banking sector, etc. In addition, the platform will allow for effective mining, realisation high-speed crypto-currency transactions.

Why are you spamming on the forum ? This is totally off topic and if you want to announce Usechain, you can just do that on Altcoin page, or the ANN thread of the project. However, with respect to the success of crypto world at large, based on what the OP was referring to, I believe there is just so much that would need to be put into consideration from the devs, to the community to the government and so on which all encompasses on how all these set of people that I have mentioned ends up participating in its real life usage of crypto as currency where products create demand for the token or coin in the end.

[Sengoko]

The Usechain project is designed to work in the real world. About the project
Usechain is a blockchain platform that creates an application for identifying a person and binding it to specific services: crypto-currency wallets, service applications, for insurance or in lending, the banking sector, etc. In addition, the platform will allow for effective mining, realisation high-speed crypto-currency transactions.

We are discussing the success of cryptocurrencies and especially we see the Bitcoin as the most developed and progressing currency among all the other currencies. We see that world is looking and staring at the Bitcoin or in other words Bitcoin is the sight of modern world because they know that Bitcoin is a successful and popular currency on the basis of its features.

[coinplus]

    In Bitcoin the transactions  the cost is low and there is no third party interference in the transactions it is a peer to peer deal only with the user and the trader .In developing countries Bitcoin currency can succeed as real money .Bitcoin can be useful in places where government impose strict rules  on the use of fiat currency's .The prices of Bitcoin is based on the supply and demand of Bitcoin and its nature is anonymous. These all are the features are making crypto succeed in real world.

Yeah, the success of crypto is totally based on its usage entirely and how people eventually get to perceive it as a currency more than an asset but a whole lot of that still has to do with how government is ready to accept it and may be regulate it but we all know they just do not come easy as it would take series of rules, policies and amendments to eventually get there.

Plus, the features like you said in your last statement such as transaction fees, speed and so much more, will really help in fast growth and development as we forge ahead.

[iram1011]

With Lightening Network making Bitcoin feasible as a payment option, there need to be a way for instant payment to vendors while making a TX. I have read an article which state that NFC can be clubbed with LN to make crypto payment fast and reliable with less fees involved. This is likely to boost the utility of Bitcoin as a currency. Cryptos are basically being used as an investment asset because of their deflationary property. People tend to hodl than to spend cryptos for the future returns. Merchants fear the volatility of cryptos and hence, aren't really willing to use cryptocurrencies as a mean of payment. But if we find a way to instant and relaible payment, we might can boost the utility.

[chrisculanag]

Yes i think , many crypto are made for the good purposes and because of this many crypto are sucessful like as bitcoin and many more . Just make a good crypto , good budget and good purpose and i think you get a success.

[Pattart]

I think we are not arriving at that stage yet, at this time we still struggle with the government regulation and how to make bitcoin to be mass adopted so the price fluctuations could be controlled, how to create a fast and cheap transaction, many stores complained that the btc price is too fluctuate and they can't predicted their profit and if the price fluctuate too much its very inconvenient for them to accept crypto, when this thing could be settled then we will enter the infrastructure stage which is the wifi and the wallet setting

Bitcoin is still in the development stage and needs a process to achieve that success. yeah you're right maybe we're still in the stage to do the regulation on bitcoin. and to achieve that regulation we need a very long time. because it is difficult to convince the government. when the stages of the regulation have been passed I'm sure other stages such as acceptance of store, rapid user growth, etc will get easily

[voztata]

To make crypto a success in the real world, this is not a matter for one person but for the first one the government has to make the crypto legitimate and the user to be honest and real with the bitcoin. So we have the power to make it successful

Actually this is one thing that would actually bring some positive sentiment into the crypto space and also reduce a lot of fear, uncertainty and doubt. Government legalizing it though will mean regulating it, but in that case, it is one thing we will definitely have to accept to move forward unless we just want to keep seeing clamp down by the government every now and then. In this scenario, it would be easy for the institutions to roll in and smart moneys kicking in, which obviously brings about huge growth.

[syaripudin]

yes, it seems that to realize all things related to the means of transaction by using crypto it is necessary for the development of a more convenient for users of crypto. and of course this needs support from all parties to build a better means of transaction by using crypto and this of course will take a long time. I hope that in the future crypto will be a thing to do the transaction easily that can be used by everyone.

[BaraxLo]

It will become success and that is for sure, crypto is a good way to fund projects for now, and many people are believing in it too, so no need to worry about it, in fact cryptocrurrency are already successful but it was still negative for other people due to scammers and negative news.

Bitcoin will be the main stream in the future and the whole world will use it as their regular and legal currency in their local markets. All people will trade in bitcoin. Transactions will be easy and no need for exchange while using outside the country. All other paper currencies will disappear like barter system. Only crypto will hold the market. This is what bitcoin made for.

No doubt as that is what we all expect anyway, but before we eventually hit the mainstream, there is a need for everyone to have the mentality that bitcoin is a currency and a tool for payment purposes and not just as a form of speculative asset which a lot see it as these days.

The way to succeed is to get to use it for its main purpose. Otherwise, we will just keep going back and forth, huge volatility here and there, and then the whales manipulating the prices to keep winning all the time.

[linesretweetG]

Imho we need more cryptos with real uses.
There are too many coins out there with some good "projects" but they won't never be adopted by anyone... these coins will be dead in few months.
This is why is necessary to have a solid project with some example of day to day uses.

[jupyterxxx]

Definitely the entire blockchain and crypto space is still in its infancy stage. It is exciting to see and follow the developments in the near future. Some people are saying that blockchain and crypto will replace the entire banking and monetary systems around the world. I disagree with this. From my point of view, it will be more of a collaborative way of disruption happening in the entire industry. For a start, cryptocurrencies are not ready to replace the international monetary systems, since there are still huge issues such as scalability and volatility of prices. This itself is a huge obstacle in making cryptocurrencies the mainstream form of payment method for the masses. Many things still have to happen (eg: general consensus from countries to utitlize a certain cryptocurrency for payment, etc) for it to be normalized. As long as cryptocurrencies are not the mainstream method of payment, it will not entirely remove the need of existing monetary systems and fiat currencies.

As for the banking industry, it is more likely that banks must adapt and embrace blockchain technology into their business to prevent themselves being obsolete. For sure, this technology is causing waves of chaos and disruption to the banking industry, in services such as cross-border payments, transparency of investment decisions, as well as raising capital (in the form of ICOs). Bankers are beginning to be aware of how real the threat is to the entire banking sector and some big banks have already led the way in adapting towards the direction of implementing blockchain technology and crypto into their business models (eg: Goldman). I must say this is only the beginning of the big picture.

It is an exciting time to be alive  

[Shadon24]

Making the cryptocurrency successful in the real world is what we are doing today and today, we join the forum with the sincerity and positive belief we have made crypto more successful.

[dashi555]

As far as I know, projects have already been done in Southeast Asia. It promotes the use of its own terminals and tokens to pay in terminal stores. At present, children actively promote it. I think this will happen soon in other places.

[cluit]

I agreed on that , I have some relatives that are trading and investing on some crypto coins and they all succeeded on life , they also rebuild their houses and do some business now and that's all because of crypto . and now I  starting also trading and investing on it and I will start here in bounty .

In my opinion the real use of bitcoin is to trade in and not for holding because it is usable currency and you can use it without any boundaries limitations. We can talk about crypto in our local community. By this way more and more people will come to know about cryptocurrency and they will invest in it. Gradually the whole world will invest and use bitcoin.

Over time, I believe more people will see its usefulness over fiat and that is already happening anyway because every single day, we get to see new investors popping in, realizing what they have been missing and believing in the possibility of its future growth and development.

We cannot rule out the fact that for now, a lot of people only see it as an asset which makes it more speculative, but the more the usage for what it is as a currency, the more over time that the value increases the more.

[liseff3]

Yes i think , many crypto are made for the good purposes and because of this many crypto are sucessful like as bitcoin and many more . Just make a good crypto , good budget and good purpose and i think you get a success.

Success here isn't as easy as turning your palms away, my friend. Since this involves the crowd, what will happen to them if the law smells the activity of the transactions it does while the law in their country still prohibits if bitcoin's used as a means of a transaction (payment method)?...

[jonatuzc]

that was really hard if crypto are succeed in the real world, because not just only making the system but bitcoin have still many people that don't like and gov too, so merely crypto must remain in their place in the digital stuff thing

It couldn't be hard if the government will give interest towards crypto as to be consider another option of payment. But as it figured from the start, its totally just a digital form of currency and bringing it into real world might be it takes too many years. And those people who aren't in favor with these, will surely get into realization as of having importance of these in today's generation.

Would not be hard at all but of course they just would not want to make it come so easy like that. However, a whole lot will be changing over time anyway as reality starts kicking in, people start believing in its usage as a currency and the real life solution it offers as against the usual traditional currency, government will get to see that they have more benefit to derive in terms of growth while it goes hand in hand with fiat and all that will usher in some pretty good level of growth as time goes on.

[pandanaran]

that was really hard if crypto are succeed in the real world, because not just only making the system but bitcoin have still many people that don't like and gov too, so merely crypto must remain in their place in the digital stuff thing

It couldn't be hard if the government will give interest towards crypto as to be consider another option of payment. But as it figured from the start, its totally just a digital form of currency and bringing it into real world might be it takes too many years. And those people who aren't in favor with these, will surely get into realization as of having importance of these in today's generation.

Would not be hard at all but of course they just would not want to make it come so easy like that. However, a whole lot will be changing over time anyway as reality starts kicking in, people start believing in its usage as a currency and the real life solution it offers as against the usual traditional currency, government will get to see that they have more benefit to derive in terms of growth while it goes hand in hand with fiat and all that will usher in some pretty good level of growth as time goes on.

Let's imagine if the government accepted and most people believed in crypto. I think some pretty big obstacles also exist, the unstable value will make people contra and I think the value is still easily influenced by the FUD, there will be some obstacles in building success in the real world, we do have to accept the hard thing to build success.

[ian_somer]

Crypto currency is not yet popular enough, many states strongly reject it, and people do not want to believe, but I think that soon everyone will know about the crypto currency.