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Author Topic: What do you think the cryptocurrency market will disappear in five years?  (Read 595 times)
penig
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June 27, 2018, 08:04:09 AM
 #21

Anyone claiming cryptos will disappear is talking nonsense and hasn't understood some fundamental property of crypto.  This isnt hard bullish sentiment just simple observation: crypto's dont die.  Thats why there are 1600 of them listed, all sorts of scams, whitepaper projects, hobbies and jokes are in there.  Bitconnect is still exists and still trades!  Verge coin is valued at $300m despite being hacked and having no meaningful development team.

Once released a crypto will survive as long as the code exists and running somewhere. The question is whether there is any value in the market.  Most of the top 100 wont offer real value in the future, as people and tools coalesce around a small group.  This has to happen for the the mas market adoption, people aren't going to use it every day with so many competing coins and technologies.  Cross-chain solutions wont solve that because people will want a simple concept of $crypto is worth $currency not have to track multiple exchange rates. Dapps and tools will flourish in high numbers, however they aren't going to be used as currency, they can exist on or adpot other established blockchains.  

We like to compare to the early Web, the dot com era of the late 90's, however technology wise we are in the early internet era pre-web, where lots of competing technologies via for attention most of which are rubbish some of which are fantastic but will be overlooked and a few of which are the future foundations.
talkbitcoin
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June 27, 2018, 08:05:03 AM
 #22

the market itself can not disappear but the participants in the market can and will disappear. by participants i mean the people trading in the market and also the coins that are in the market.

for instance every year we have at least about 100 altcoins that die and go to the altcoin grave yard. you can search the graveyard and see the long list of them.

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Juggy777
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June 27, 2018, 08:11:30 AM
 #23

*Yawn* This kind if words have been repeated right from the start of bitcoins and every year they're repeated again but in the end Bitcoins stays strong as usual, you should stop looking out for the negativity and instead focus on its positivity so many people have benefited from them, it's a currency and it's bound to be up and down. So your talks won't find any buyer here.
Crypto one
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June 27, 2018, 08:17:36 AM
 #24

Crypto market ain't going away. Crypto market are slows getting integrated into the stock market. People can now buy and sell crypto's on a numbers of stock tradings platforms. And it's not just bitcoins, but a lot of the big crypto  coins.

In 5 years there will be even more crypto's on coinmarketcap, and outside the coinmarketcap list there will be even more crypto's to buy and sell.
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June 27, 2018, 08:39:08 AM
 #25

It is very difficult to happen,because cryptocurrency coins are anonymous. Any prohibitions will impose by the governments will not be easy to implement it all. People will continue doing crypto activities because it will help them to make their lives getting better.
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June 27, 2018, 09:10:35 AM
 #26

5 years is an ample amount of time for the people to lost interest at something they know they couldn't take advantage, but in those crucial 5 years, if the market continues to rise and institutional investors keep on coming, I guess we'll have more boom than storm clouds over the horizon. Seeing how institutional investors and the government are interested on cryptocurrencies, they will keep pushing the hype until such time that a huge percentage of people are involved and the price is constantly rising. As always, people will flock where there is money, and will just move to another fad that will create them even more money.
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June 27, 2018, 09:32:59 AM
 #27

Cryptocurrency cant disappear that easy. Even if the big players are controlling the price, that doesnt mean their killing it. They know how to control and balance the market capitalization. They cant risks the profit that they can get with manipulating the market. If you notice when btc is about to crash real hard, it'll recover no matter what.
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June 27, 2018, 10:30:35 PM
 #28

Cryptocurrency cant disappear that easy. Even if the big players are controlling the price, that doesnt mean their killing it. They know how to control and balance the market capitalization. They cant risks the profit that they can get with manipulating the market. If you notice when btc is about to crash real hard, it'll recover no matter what.
For me it's a good signs of cryptocurrency regulation, and if whales or big players controls the market I don't believe that they're killing it. Furthermore its their strategy in order that people who has gained good interest with bitcoin, will grab the chance to buy at lower market value. After all they'll be surprising everybody, upon instantly buying huge amount of bitcoin when they start to switch the bearish market to bull run.
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June 27, 2018, 10:40:07 PM
 #29

I guess you are basing with the past few months on what happened to the crypto market. It's unlikely to disappear, track down the past years on how this market grew quickly. And for the next five years? those who said that it's likely to disappear will just keep quiet and won't whine anymore.

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June 27, 2018, 11:40:30 PM
 #30

It is very difficult to happen,because cryptocurrency coins are anonymous. Any prohibitions will impose by the governments will not be easy to implement it all. People will continue doing crypto activities because it will help them to make their lives getting better.

But, however seeing market activity like this and with so much news that causing the cause of btc prices to decline could be the trigger for crypto ends.
If the crypto activities will always like this, im not sure people will get better lives.

railyako
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June 30, 2018, 12:58:31 PM
 #31

the crypto surely will not disappear. many people are now utilizing it and companies are starting to adopt. just because of these investors cryoto wont die. Crypto is a way of people earning money.
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June 30, 2018, 01:13:42 PM
 #32

Never gonna happen as more and more people and institution now are adopting cryptocurrency.  Every month ICOs ang popping out and there are businesses that are accepting bitcoins now.
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June 30, 2018, 01:18:55 PM
 #33

No i dont think so cause crypto currencies is just starting and i know crypto currencies is the future. and just trust bitcoin
elachious123
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July 05, 2018, 10:58:16 PM
 #34

I don't think that will be possible even in the next 20 years, Cryptocurrency market will continue to exist since people continue to use Crypto.
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July 05, 2018, 11:39:46 PM
 #35

you are right, when the whale go left bitcoin market, then bitcoin will have no value. but the unstable bitcoin market fluctuations always used by the whales to manipulate the market, so they will get a great profit.

sharks will control the market, and whales will resist bitcoin decline.

although the bitcoin whales go, I think this market will always survive, because the trading activity in the crypto market is always increasing every day.

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July 11, 2018, 10:58:26 AM
 #36

The market will not just disappear. There are too much investors invested here, specially in bitcoin that will simply not happen and more and more countries are trying to adopt crypto. Crypto users do understand that the market is heavily volatile, that its value can drop rapidly, and because of this the confidence with the market will stay and market will not collapse or disappear.
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July 11, 2018, 11:27:51 AM
 #37

For my own opinion, I don't think that this will what might happen in the five year after. Why? Because as the days goes by, the community of the crypto currency is keep on growing and as the times goes by, more and more people are reaching the information regarding crypto currencies and gain knowledge to understand better about it. I think that this will not disappear but rather will become more productive.
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July 11, 2018, 11:49:12 AM
 #38

 Grin Cryptocurrency market will disappear?   How you came to  this conclusion.  Just because big financial play; and profit with the entry of new members to the market.
I say no.  Crypto currency is not just a currency.  It is revolution.  Currency changing it's form from regulated ; limited to national boundary; controlled by banks to unregulated; boundary less; controlled by none; pear to pear transaction.

So we are witnessing revolution period.  Whenever something takes birth; it has to bear pain.  So the market is bearing pain of different types. 

Also we see the stocks trading market suffering from the same type of problems since the last several years.  But instead of dying it grew with every dip in the market.  So speculation; cheating etc could not make the end of stock market.  That is why I am sure crypto market will come out of all the difficulties it is facing.
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July 11, 2018, 11:56:29 AM
 #39

no. but what i think will happen is that the market will grow too big. so now you see about 1700-1800 altcoins by that time (maybe 2-3 years) you will see a huge number of altcoins. something like 10000 different one. and 99% of them will be pure shit, basically like now but there will be more of them around.

then it will implode because of the large amount of scams and people will finally learn from their mistakes and stop giving their money away to all the ICOs and shitcoins,... and in a short time (less than 1 year) all the big altcoins on top and all the scam coins will disappear and only a handful will remain.

This is one of my main concerns about the cryptocurrency market. Too many altcoins, and it will be hard to keep track of. That is why I believe that there should be some regulations which will allow only a specific number of cryptocurrencies in the space, and the rest can be token or some sort of digital asset to be used as a store value. Also, there needs to be wide range of education to investors, so that they know the basic difference between tokens and actually crytpocurrencies. For one a lot of people complain that there are a lot of currencies out there, making the market very unpredictable and unstable but most of them are actually tokens at the moment.
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July 11, 2018, 01:45:31 PM
 #40

I think it is very likely that this market will disappear. When big financial investors play the game, profits will be generated when new investors enter the market. However, I find that the more confidence in this market is reduced. It is too unstable, prices are rising so fast in a short time and so dropping so fast. The financial sharks control the price of the market, and retail investors are constantly losing money. I believe that when the confidence in the market is gone, the market will collapse

I think crypto market will not gone. Some sharks maybe controlling the market but it will not be the cause of collapse. Maybe five years from now, crypto  market will still operational even if their price nature is very unpredictable. Even if the price rising up too fast and dropping up to fast too.
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