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Author Topic: How do you see the future of cryptocurrency?  (Read 1535 times)
GreenAnat
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November 03, 2018, 08:46:18 PM
 #21

I often wonder about why we really need a cryptocurrency and how can we use it in the future? Why, in fact, we need a blockchain ... After all, Bitcoin was not originally created for quick enrichment and speculation on price.

Here are my conclusions for today, which I did:
1. We need cryptocurrency to become free, to have absolute control over our own funds. Do not be afraid that the bank may at any time without explaining the reason to close your account, block the card if it considers something "suspicious." It is necessary in order to be able to transfer money anywhere in the world quickly and with minimal commissions. That is, the cryptocurrency will unite the whole world.

2. Regarding future use, I see it this way: something like a payment aggregator (CryptoCash) will be created, where we will deposit our bitcoins (if it is attached to it, although a coin with unlimited emission of an ether type is more suitable). Further from this service we pay for various services and goods. Cryptocurrency accumulates in the system and upon reaching a certain amount on the balance, paid to the company. That is, the cryptocurrency will become a universal means of payment. I'm not saying that the aggregator will have to conclude contracts with companies, offer them attractive terms of cooperation, and so on ...

It's my opinion. What do you think about this? Why do we need cryptocurrency?
Of course, I would like to see cryptocurrency as the main payment instrument in the future, but for this it is necessary to make a lot of effort!
As for a coin with unlimited emission, I agree - most likely Ethereum will be more suitable for this role. Or maybe NEM...

Be careful with W12, tricked everyone who worked in the bounty campaign. Maybe the investor will lose their money
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November 03, 2018, 09:21:51 PM
 #22

I can see a future that's full of freedom, a future free from oppression from the elite, a future were my grandson will learn more about financial freedom through games, Apps and Dapps, a future were riches will be distributed and transactions be at ease. A future were cryptocurrency be a global currency accepted and adopted by all, were it usability be fully integrated.

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raven.tiu17
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November 03, 2018, 09:43:50 PM
 #23

The future of whole crypto looks bright, whether the crypto market are in bear market I still believe they will help the community to grow more. Despite of some country are hunger for greatness, we will have a great boom on each citizen worldwide.
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November 03, 2018, 09:46:17 PM
 #24

There are different projects that experiment with blockchain in different spaces and they are looking to find a way to solve existing problems with blockchain or improve the product/service they provide. I think there will be some success stories there.
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November 03, 2018, 10:15:12 PM
 #25

I think this could be the main payment message between people, but all banks will carry out their operations

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November 03, 2018, 10:22:53 PM
Last edit: November 03, 2018, 10:35:59 PM by poodle63
 #26

As time passes by we need cryptocurrency for the new trend and innovation of technology. We need this so we can have transactions that no need to be verified by the government or any third party.
And then it takes a little time to deliver our transaction through use the peer to peer distributed ledger system called blockchain. But the problem is only about the scalability of the blockchain itself which can be solved anytime through the fork. It puts the network in the situation which is less restriction by regulators.

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ololajulo
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November 03, 2018, 10:27:06 PM
 #27

I think this could be the main payment message between people, but all banks will carry out their operations
I believe bank might passively get involved in bitcoin as fiat exchange. I believe the coin is made for the internet and most trade will get cryptocurrency. More uses of blockchian also will be seen in the future

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labake
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November 03, 2018, 10:28:46 PM
 #28

Smile, the future of cryptocurrency is going to be coo enough. The cryptocurrency and blockchain Technology seems to be very new and few people had already adopted it and making us of it in different way. Till date , 5 percent of the whole WORLD haven't yet understand the blockchain and cryptoCURRENCY but the good news keeps moving, no one can stop the cryptocurrency.
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November 03, 2018, 10:32:17 PM
 #29

I often wonder about why we really need a cryptocurrency and how can we use it in the future? Why, in fact, we need a blockchain ... After all, Bitcoin was not originally created for quick enrichment and speculation on price.

Here are my conclusions for today, which I did:
1. We need cryptocurrency to become free, to have absolute control over our own funds. Do not be afraid that the bank may at any time without explaining the reason to close your account, block the card if it considers something "suspicious." It is necessary in order to be able to transfer money anywhere in the world quickly and with minimal commissions. That is, the cryptocurrency will unite the whole world.

2. Regarding future use, I see it this way: something like a payment aggregator (CryptoCash) will be created, where we will deposit our bitcoins (if it is attached to it, although a coin with unlimited emission of an ether type is more suitable). Further from this service we pay for various services and goods. Cryptocurrency accumulates in the system and upon reaching a certain amount on the balance, paid to the company. That is, the cryptocurrency will become a universal means of payment. I'm not saying that the aggregator will have to conclude contracts with companies, offer them attractive terms of cooperation, and so on ...

It's my opinion. What do you think about this? Why do we need cryptocurrency?
It is becoming hard to picture out what would be the outcome for cryptos due to the negative market behavior this year. Last year, people have assumed that this would be a bigger year for cryptos but it appears to be not. This only proves that precdicting what would happen with regards to the market, is a really hard thing to do because volatilitt is in nature of cryptos.

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November 03, 2018, 10:39:31 PM
 #30

yes blockchain technology is a smart solution for digital payments such as bitcoin with limited supply and unlimited ether. but wait, besides for the payment system, the blockchain is also used to send or store data securely. maybe there are many more benefits that we can use with blockchain.
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November 03, 2018, 10:54:47 PM
 #31

Cryptocurrency is very relevant in our day to day activities. We need cryptocurrency for a lot of human aspect of life. I believe that cryptocurrency has come to provide financial solution to a lot of financial problems faced by human being.

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November 03, 2018, 11:01:24 PM
 #32

For me I see crypto currency as the future payment system that will be accepted globally, making payment across border takes time and there are a lot of challegenes with it and not everyone has the privileged to do that so cryptos is already solving that.

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November 03, 2018, 11:45:17 PM
 #33

Well, people have always been afraid of new technologies in the first place. Imagine that they were even against bicycles at the end of the 19th century- funny today, but they were dead serious. Efficiency and safety is everything. Everyone can transfer tokens worth millions to anyone and pay a transaction fee below a single dollar while the whole process will not last even for a half an hour. Is there a bank which would provide such a transaction? I doubt that. Banks will have to adapt to new conditions that were brought by the existence of cryptocurrencies. Who will win? Only time will tell  Wink.

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November 03, 2018, 11:47:22 PM
 #34

The prospect of the cryptocurrency market is something very vague and ambiguous to predict accurately. Only based on market situation in previous years and signs at present time to conjecture only. So if you have trust in the market then hold and wait until the bull run happens.
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November 03, 2018, 11:47:50 PM
 #35

I often wonder about why we really need a cryptocurrency and how can we use it in the future? Why, in fact, we need a blockchain ... After all, Bitcoin was not originally created for quick enrichment and speculation on price.

Here are my conclusions for today, which I did:
1. We need cryptocurrency to become free, to have absolute control over our own funds. Do not be afraid that the bank may at any time without explaining the reason to close your account, block the card if it considers something "suspicious." It is necessary in order to be able to transfer money anywhere in the world quickly and with minimal commissions. That is, the cryptocurrency will unite the whole world.

2. Regarding future use, I see it this way: something like a payment aggregator (CryptoCash) will be created, where we will deposit our bitcoins (if it is attached to it, although a coin with unlimited emission of an ether type is more suitable). Further from this service we pay for various services and goods. Cryptocurrency accumulates in the system and upon reaching a certain amount on the balance, paid to the company. That is, the cryptocurrency will become a universal means of payment. I'm not saying that the aggregator will have to conclude contracts with companies, offer them attractive terms of cooperation, and so on ...

It's my opinion. What do you think about this? Why do we need cryptocurrency?
tje future of tge crypticurrency is really vivid and bright as people will really feel the deep need in this part of the business

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November 03, 2018, 11:48:33 PM
 #36

The future of the cryptocurrency market is something very vague and difficult to predict accurately. Only based on market situation in previous years and signs at present time to conjecture only. So if you have confidence in the market then hold and wait until the bull run occurs.
tje cryptocurrnecy world is really great and i believe thag you will find a way to join it amd get as much as possible from it

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November 03, 2018, 11:51:35 PM
 #37

Actually, I cannot predict in the future of cryptocurrency world because I'm not advance in this. But, I think that the future of cryptocurrency will depend on each coin. Some coins may be able to survive in the future. But some coins may be not. It depends on how interesting the projects. Then, I think that the market will be bull run, but we need about a year later. Just be patient for this.

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November 04, 2018, 12:34:19 AM
 #38

I totally agree with #1. In reality it happened to me, they asked me for a proof of deposit so how can I give that? Screenshots of trades? It is not enough. Well I know in my end it is not something illegal and I understand that they are only required because AML but see having crypto is more secured while it is being in public. We can also use this in the near future for our daily lives and I hope I am still alive when it happens.
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November 04, 2018, 12:36:50 AM
 #39

Future is crypto, Bitcoin will be the world unique currency, accepted everywhere.
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November 04, 2018, 12:41:16 AM
 #40

I see cryptocurrency as a freedom. It will free people from the control of capitalist which manipulated our economy.

Blockchain technology which is relative to crypto is a very good technology and in my opinion should be used by governments around the world to facilitate the transactions which is transparent and free of corruption.

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