Did crypto become mainstream too early?

[djsugar]

Hear me out: I think we got too popular too fast. The normal person on the ground would expect to use crypto much more for daily-life transactions but this is not currently the case. Maybe we needed some more time for the technology to mature (no scaling issues, slow transactions, etc) THEN the normies come in. Right?

I don't believe that crypto has gone mainstream yet. It is still has long to travel. We are in the early stages. We can call crypto mainstream, if the real use case of crypto emerges as currency that is for doing transaction in daily life and merchants and vendors accept it as a means of payment. We are still quite far off from there.

[baienpee]

This is a bit premature. But do you know the origin of encryption technology? In 2008, the origin of the United States was a minor crisis, so I think it is now 10 years. This is not too early. Ten years later, cryptocurrencies will dominate the world.

[extrimals]

Hear me out: I think we got too popular too fast. The normal person on the ground would expect to use crypto much more for daily-life transactions but this is not currently the case. Maybe we needed some more time for the technology to mature (no scaling issues, slow transactions, etc) THEN the normies come in. Right?

You are very right! I also think that popularity outstripped the technical characteristics of crypto. But I also have progress in the development of this sphere. Soon everything will be fine and we can use crypto in everyday life

[huige007]

This is a bit premature. But do you know the origin of encryption technology? In 2008, the origin of the United States was a minor crisis, so I think it is now 10 years. This is not too early. Ten years later, cryptocurrencies will dominate the world.

Crypto has not yet become the mainstream in my opinion. There are still a lot of countries that have banned the technology and despite the benefits she offer, consider the crypto trading illegal. They have their own motives behind this policy. Irrespective of that, what I believe is that in the next decade, many of the countries would have accepted crypto as a medium of exchange for instant transaction and that will be the time when the technology will accepted world wide. You might be able to use your Bitcoin every where across the glob.

[wozzek23]

It has not become mainstream yet, the popularity is temporary as you can see, it was just about hype due to increase in prices but popularity is constantly increasing.

I do not think it has become mainstream so quickly yet. It has been more than a decade since people have started dealing in crypto. Besides, crypto currencies particularly Bitcoin was not welcomed in the start and was criticized. Despite all this, it expanded and provided its services. It is still banned by many countries across Middle East and Asia and has not the mainstream yet. We still need to wait some more time.

[TXCEO]

No, you may think it is. But it will not. Will soon be crazy again. In two years, the blockchain technology will be popular in the world. This is a new era.

[Xtez]

It needs to settle a lot more as a currency, but i dont think it has been mainstream too early.

Just because its mainstream doesn't mean that everyone is investing - infact alot of opinions on BTC and iCOs have been slated as well as praised throughout the community so i think in more time then it will start to turn mainstream for everyone to get involved.

[BillyTalent]

I will not say, bitcoin ve happened when it is necessary, but he lowered his price, but soon rose and showed himself to be real and such as he is, I for this world coin, still shows his.

[xenomorphe1]

Crypto is still not mainstream. Who really use crypto except for trading? It is only on experimental use by some companies.

[Claudyah]

Hear me out: I think we got too popular too fast. The normal person on the ground would expect to use crypto much more for daily-life transactions but this is not currently the case. Maybe we needed some more time for the technology to mature (no scaling issues, slow transactions, etc) THEN the normies come in. Right?

not also because to bubble already more than five years it is enough because the news will quickly spread and people will be affected with wealth so it does not matter even a new coin only takes a year to be bulging it is amazing is not it.

[huige007]

Crypto is still not mainstream. Who really use crypto except for trading? It is only on experimental use by some companies.

It has been more than a decade old chap and not so early. Crypto has still a long way to go. You might know many countries have banned it for many reasons which might threat their interest. Besides, as long as it is not accepted internationally, it might not be regarded as the international currency. Also one of the most important things is its promotion and for the governments to legalize it and only then you can say so.

[kronos123]

I believe you are very wrong
Crypts are not even used by 1% of the world's population; moreover mainstream has not yet entered, at least officially .... the only ones who perhaps have invested something are hedge funds.
Mutual funds, pension funds, insurance funds, private banks, large investors, etc. they are all still out of this market.

The big rise seen in 2017 was nothing compared to what will be in 3-4 years, in 2020-2021, when there will be a new halving of the Bitcoin pow.
2017 is like being in the stock market in 1994-5 .... 2000 of the shareholder, with the consequent explosion and adoption, will arrive in 2020-2021

[allohha]

Hear me out: I think we got too popular too fast. The normal person on the ground would expect to use crypto much more for daily-life transactions but this is not currently the case. Maybe we needed some more time for the technology to mature (no scaling issues, slow transactions, etc) THEN the normies come in. Right?

not also because to bubble already more than five years it is enough because the news will quickly spread and people will be affected with wealth so it does not matter even a new coin only takes a year to be bulging it is amazing is not it.

I am sure that if the Crypto currency is increased in its price, but many will lose interest in it. if representatives that Bitcoin will rise to its price to 500,000 dollars, then who will buy it? After all, today bitcoin is being invested in order to increase its income several times in the long term.

[CryptoGuro1]

I think we are at least 1-2 years out for mainstream adoption- Why would anybody use this before regulation comes in

[Oceat]

Hear me out: I think we got too popular too fast. The normal person on the ground would expect to use crypto much more for daily-life transactions but this is not currently the case. Maybe we needed some more time for the technology to mature (no scaling issues, slow transactions, etc) THEN the normies come in. Right?

It was a mainstream since it is spamming all over the social medias that you ever see, even in youtube ads you can see some ads about crypto currency and other ICOs but then it was banned to some social medias because of their excessive spamming all over the platform. But if you remember those days were prices are too low, most people are not aware about it because it was just nothing even if they already heard about it.

[NorihiroName]

There is a certain possibility, I should say. Crypto really should become more and more mature than now, it still lack stability and serious image amongst world.

[samcrypto]

Crypto is still not mainstream. Who really use crypto except for trading? It is only on experimental use by some companies.

That's true cryptocurrency is not yet the mainstream and mostly trading is the reason why the price is moving. Of course companies will have to test first before they fully adopt the system but there are many companies now who are using cryptocurrency and make it as one of their primary asset.

[Aion2n]

I think that everything goes as it should. Any innovation with something begins. So the crypto currency has its own way. Now a certain part of humanity has knowledge and understanding of crypto currencies. But let's not forget that a huge part of the world's population has never heard of digital currencies. But what can I say here, if there are a lot of people who do not even have televisions, microwave ovens, vacuum cleaners, and so on today? Many of us were in the beginning of the way crypto currency. And very soon all problems of electronic money will be solved. Just need to wait. I hope that in 10-20 years we will use only electronic money.

[Levious]

I think this is immature. Personally think that the growth of cryptocurrency is a long process. First of all, the government does not like it, but it cannot be eliminated. It can only slowly conquer the government. Find a relationship with the government.

[googbibi]

The current market needs more changes and development before it can be widely used by people. There are indeed too many technical flaws!