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Author Topic: many companies only use the blockchain and no bitcoin  (Read 97 times)
CryptoCraze11
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June 19, 2018, 02:02:12 AM
 #21

all the companies in the world are beginning to use the blockchain technology but none of those companies have bought bitcoin, and other companies create their own blockchain, this would affect the price of bitcoin in the near future?

Bitcoin and cryptocurrency is just one application that blockchain supports, there are thousands other. Blockchain has frontiers that are even yet to be discovered by human mind. Companies are migrating there businesses to blockchain to gain advantage of this secure and disrupting technology.
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batang_bitcoin
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June 19, 2018, 02:04:48 AM
 #22

all the companies in the world are beginning to use the blockchain technology but none of those companies have bought bitcoin
Don't say that "all" as there's still no basis that all of them are adopting blockchain technology soon. Let's use the term "many" are adopting it and has expressed their interest on it. They are not saying that they have bought bitcoin but there's no protocol or need to say that they did.
and other companies create their own blockchain, this would affect the price of bitcoin in the near future?
It's necessary for those companies to create their own blockchain and that's how they are adopting the technology. They are using bitcoin's blockchain but it's not bitcoin itself.

Dr.Nina
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June 19, 2018, 02:06:56 AM
 #23

Block chain technology is the technology through which bitcoin come to the hand of general people. By using Block chain bitcoin has become popular. It is cause and effect of one another. As you say now Block chain is used by different countries. So, it is getting popular to every country. So, sooner or later bitcoin also accepted by those country. We also get some symbol of acceptance bey seeing the Japan, Germany and Korea. Near future many country will follow them. Then the world become dream land for crypto lover.
Dudeperfect
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June 19, 2018, 02:12:34 AM
 #24

Even if these companies are not using Bitcoin, they are doing something that we call influencing the world by highlighting the importance of blockchain technology. This means they are indirectly promoting blockchain-based concepts and as a first player on the blockchain, Bitcoin will definitely gain the fame through it so the price might rise but I don't see any negative consequences of the adoption of blockchain technology without Bitcoin. In other words, if I am promoting internet then I am also promoting the concept of a webpage.

rolerVX
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June 19, 2018, 02:17:14 AM
 #25

Those people who own the companies knew that there are possibility that bitcoin will subdued the business land. In order to go with the flow they should develop some unique blockchain for their own master piece to have it, to manipulate and control it as long as crypto is active.
mineko
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July 02, 2018, 11:39:13 PM
 #26

indeed it could affect the bitcoin price to go down, and even now the bitcoin price always continues to decline, but do not be afraid that bitcoin will die, and maybe the price of bitcoin in the next year will be stable again.
Markyway88
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July 02, 2018, 11:45:49 PM
 #27

Companies are often used bitcoin than blockchain technology because they know that blockchain technology helps them more than BTC. They can secure their data in blockchain and it is an innovative way also on how to keep records. Therefore, they need it right now. Probably, in the near future, they will also see the purpose of cryptocurrency and let us just wait for the time they appreciate the existence of bitcoin.
xuan87
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July 03, 2018, 01:07:50 AM
 #28

Yeah more companies are more attracted to the blockchain, this technology really help them to settle some issue, Bitcoin is not  too famous for big companies because of its volatility, many companies still hesitate to used it because the price swing is too big and too often, making them hard to predict their profit, maybe when it's more stable more companies will used it

SecureCryptoPayments
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August 13, 2018, 01:49:19 PM
 #29

Technology blockade expand capabilities. And it may not be related to bitcoin. The main thing is to solve the prologue of input and use of this technology. I think then everything will be tightened.
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