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Author Topic: Making crypto succeed in the real world?  (Read 1154 times)
2342q6tegw
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June 24, 2018, 08:48:07 AM
 #161

the factors you have provided are not the ones that would take too much time to implement into the crypto world besides we need to focus on more serious things to happen such as the volatility of price, manipulation and legalization.

You need all of those. Your right you need to prevent manipulation too however of you can address volatility of price that helps with manipulation and legalization too. They are not necessarily technically hard but they are needed for mass adoption.
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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June 24, 2018, 10:44:24 AM
 #162

Bitcoin as a cryptocurrency is a very successful cryptocurrency already. Nobody really ever thought that bitcoin will reach thousands of dollars per 1 bitcoin because at the beginning, it only costs less than a dollar per BTC. But if we are talking about bitcoin being a cryptocurrency, it seems that bitcoin has sled down on that notion as bitcoin became mainstream as a new kind of investment.

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June 24, 2018, 11:06:29 AM
 #163

If offline stores start allowing crypto payments from customers, it will boost the growth. Your other suggestions can also help crypto succeed.
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June 24, 2018, 11:11:42 AM
 #164

This is unlikely, as the Crypto market is growing as well because they work on digital money, with anonymous numbers that have attracted many people to them, if you bring out real life grips. Holding a BTC with a visible object will no longer attract investors to them.
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June 24, 2018, 11:28:34 AM
 #165

Hi, I would love to hear your input on this.

As I see it, we need crypto wallets installed on every phone possible to ensure the readiness of everyday payment with crypto assets. Once customers are ready to pay, the stores will follow.

At least three things needs to happen:

1) Adoption of crypto wallets needs to increase (preferable with pre-funded assets)
2) Each wallet provider needs to agree on a standard protocol for payment (Maybe Payment Request API (W3))?
3) Store owners need a merchant app to receive payment with further integration into multiple accounting systems.

Have you seen anyone doing this?
Do we need a wallet alliance that can stipulate a standard?
What else needs to happen besides regulation?

Best crypto greetings,
Vindberg
https://validators.com

Making cryptocurrencies widely accepted by merchants is possible, the responsibility is on developers of blockchains, cryptocurrency fans, cryptocurrency investors and governments. Traders are afraid because of some drastic fluctuations in prices that could affect their income. It is my opinion.
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June 24, 2018, 02:21:26 PM
 #166

Hi, I would love to hear your input on this.

As I see it, we need crypto wallets installed on every phone possible to ensure the readiness of everyday payment with crypto assets. Once customers are ready to pay, the stores will follow.

At least three things needs to happen:

1) Adoption of crypto wallets needs to increase (preferable with pre-funded assets)
2) Each wallet provider needs to agree on a standard protocol for payment (Maybe Payment Request API (W3))?
3) Store owners need a merchant app to receive payment with further integration into multiple accounting systems.

Have you seen anyone doing this?
Do we need a wallet alliance that can stipulate a standard?
What else needs to happen besides regulation?

Best crypto greetings,
Vindberg
https://validators.com

Making cryptocurrencies widely accepted by merchants is possible, the responsibility is on developers of blockchains, cryptocurrency fans, cryptocurrency investors and governments. Traders are afraid because of some drastic fluctuations in prices that could affect their income. It is my opinion.
The government may greatly opposed the use of it but I think if developers, commercial enterprises, infrastructures and etc decided to implement crypto payment, the government will surely have no choice or will greatly consider accepting it. If that happens, crypto earners might need to pay taxes directly.

Crypto in a real world will greatly benefit those who are yearning for it to be used as regular payment, also it will increase the interest in bitcoin which might help in the market demand.

INVALID BBCODE: close of unopened tag in table (1)
StarofBTC
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June 25, 2018, 05:34:05 AM
 #167

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.
Let me tell you one thing, if you want a huge profit or maximum profit and it is clear that it is the well of every investor so just follow the crypto market which is the modern market and most of the transactions are now taking place through the Bitcoin and especially between high trading companies and many other places. It is a perfect source of making money or profit by investing in it.
This can also happen if all of the countries recognize and legalize the crypto and facilitate and educate the masses to use the technology and the features it offers. This will expand the technology to a greater extent and very soon we will be in a position to witness the cashless society dream. Besides, the banking system can change as well as the up gradation in the system in the system will bring more possibilities.
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June 25, 2018, 09:27:05 AM
 #168

Handling fiat currencies comes almost as second nature to most people. Whether in paper or in their online banking system. They understand its value, how to trade it for products and services, and how it stacks up against a few other foreign currencies relevant to their lives on the global exchange.
Anyway, these years cryptocurrency is growing so fast. So it is truly possible that it can be the money of the future.
As a matter of fact, some programs have already experimented with the use of cryptocurrencies as means of distributing a universal basic income.
Further, cryptocurrencies could help to get rid of intermediaries in everyday transactions. This could cut costs for businesses and help out consumers.
For promotion of crypto in the world we should promote it in our local communities. When more and more people come to know about crypto and they realize that the world is turning towards crypto they will invest money in it and thus the value and price will increase. I know that it will take long time but one day the whole world will use bitcoin b this way.
Yeah, this is modern world and all we need is to get success through modern technologies which are in our good. We know of the Bitcoin and other cryptocurrencies as well but it is not so easy to use them for profit. You will need to get education of the crypto markets which will make you able to understand and handle the situations and difficulties appear in the market.

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June 25, 2018, 09:47:54 AM
 #169

 I think that not many guys would try so hard in order to get some things changed, because 80% of guys here, are here only for money. That they can earn from trading, holding, bounties and whatever else.
futuret
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June 25, 2018, 05:15:57 PM
 #170

If offline stores start allowing crypto payments from customers, it will boost the growth. Your other suggestions can also help crypto succeed.
Of course making bitcoin payments for all kind of goods so the more we will use bitcoin will get high in price, it is best investment now a day, so we should try to make good speculation this time as try of being a part of bitcoin growth, make investments and encourage more people for investing in bitcoin, so with passage of time bitcoin will be successful investment and good business in our real world.
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June 26, 2018, 06:50:14 AM
 #171

the factors you have provided are not the ones that would take too much time to implement into the crypto world besides we need to focus on more serious things to happen such as the volatility of price, manipulation and legalization.

You need all of those. Your right you need to prevent manipulation too however of you can address volatility of price that helps with manipulation and legalization too. They are not necessarily technically hard but they are needed for mass adoption.
He has described some really great features which if improved, can really make the technology great again and the value might increase sharply. So many people who want to invest in the technology but fear to loose money because they feel the wallets are insecure.

Also the number of wallets increased means the rise in the demand which again pushes the market graphs up. Finally I would say about the recognition of the technology by various countries can be instrumental in increasing the popularity of the technology.
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June 26, 2018, 04:29:32 PM
 #172

Bitcoin is virtual currency due to this many old minded people doesn't believe on this. But many people succeed after using bitcoin. Bitcoin is covert into real currency but it is occur only in those countries where it is accepted. Bitcoin provides a lot of options to its user to earn money from it. By using those options anyone can succeed. Bitcoin secure transaction facility with low transaction cost help to succeed many bussinessman and online retailers. Many unemployed person also succeed in their life because of bitcoin's advantages and innovation software.  Smiley
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June 27, 2018, 08:26:17 AM
 #173

Hi, I would love to hear your input on this.

As I see it, we need crypto wallets installed on every phone possible to ensure the readiness of everyday payment with crypto assets. Once customers are ready to pay, the stores will follow.
Vindberg
https://validators.com

Also I believe that we need to share in conversations our crypto interests, in order to attract more guys here, I have already bring 3 people here, and they are burning and fresh. So with this community we can break through.
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June 27, 2018, 08:28:58 AM
 #174

Or, instead of a phone, why not use a card. Kind of like an RFID thing. Think of it as a card connected to you wallet much like how credit cards are connected to your bank accounts. Of course all these needs to be by the books and allowed by the law. Everything will happen once crypto currencies stabilize and adopted by businesses

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June 27, 2018, 10:32:27 AM
 #175

Bitcoin as a cryptocurrency is a very successful cryptocurrency already. Nobody really ever thought that bitcoin will reach thousands of dollars per 1 bitcoin because at the beginning, it only costs less than a dollar per BTC. But if we are talking about bitcoin being a cryptocurrency, it seems that bitcoin has sled down on that notion as bitcoin became mainstream as a new kind of investment.
According to my point of view bitcoin had become successful in the past few years because many people started using it and still every day new people come to know about it and start using it. The importance of bitcoin was rising from the very first day and the same is going on. I think bitcoin is the best currency in all the digital currencies, we can't compare it to other currencies.
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June 27, 2018, 11:05:38 AM
 #176

the factors you have provided are not the ones that would take too much time to implement into the crypto world besides we need to focus on more serious things to happen such as the volatility of price, manipulation and legalization.
In my locality about 95% people do not know about cryptocurrency. They even didn’t her the name. How they can invest their money in crypto? I am 43 years old and I don’t think that I will see that all the people are using bitcoin around the world in my life. This is a new technology and will take long time to take over the market.
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June 27, 2018, 11:14:50 AM
 #177

Already bitcoin has succeeded in the real world with its real life usage. When it is compared to the traditional fiat the usage level of bitcoin is much low. To make it grow higher than the present we need to stay active and continue using bitcoin as much possible.
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June 27, 2018, 11:26:56 AM
 #178

Hi, I would love to hear your input on this.

As I see it, we need crypto wallets installed on every phone possible to ensure the readiness of everyday payment with crypto assets. Once customers are ready to pay, the stores will follow.

At least three things needs to happen:

1) Adoption of crypto wallets needs to increase (preferable with pre-funded assets)
2) Each wallet provider needs to agree on a standard protocol for payment (Maybe Payment Request API (W3))?
3) Store owners need a merchant app to receive payment with further integration into multiple accounting systems.

Have you seen anyone doing this?
Do we need a wallet alliance that can stipulate a standard?
What else needs to happen besides regulation?

Best crypto greetings,
Vindberg
https://validators.com

Adapting to crypto in normal people not using bitcoin is to hard, so in this case we need to teach them,  i think it is good to make a seminar in every place in any country to intruduce bitcoin, becuase in crypto if you are the one who have the ability to make money in crypto you will be succeed in the real worl.
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June 27, 2018, 11:47:05 AM
 #179

the factors you have provided are not the ones that would take too much time to implement into the crypto world besides we need to focus on more serious things to happen such as the volatility of price, manipulation and legalization.

How can you focus on those things that your action was not useless? Can you do anything to prevent volatility, manipulation or to speed up the process of legalization? I doubt that, and, yes, I can't do anything in that regard either. I think the OP's points are valid ones and you should have better reread them instead of engaging in empty talk.

To OP. Good news: Huawei, the world's 3d largest smartphone manufacturer, is going to pre-install Bitcoin wallet on their every phone from now on.

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June 27, 2018, 12:18:02 PM
 #180

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.
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