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Author Topic: Do you see a future with one cryptocurrency or thousands?  (Read 23955 times)
Quintrix
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February 27, 2019, 04:12:42 AM
 #341

The amount of cryptocurrencies out there is nauseating. Up in the thousands now.

Do you see a future where we're using a wide variety, or will one come out on top?

Technically, if one of these ICO projects create a be-all-end-all decentralized platform where all products and services are bought and sold, I guess it isn't impossible to one day have just one.

What do you think?
I don't think it's going to happen, the platform to create a new token or coin is open and company can always create a token for their company and for the industry where they are serving their supporters and clients, so we will see more new coins coming up.

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March 15, 2019, 04:57:09 AM
 #342

I agree with you that One crypto is too little and thousands are too much. Your question is really bad, I do not like it. It's like if I give you 2 choices , 1 - I will cut your hand , 2 - I will cut your leg.
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March 15, 2019, 05:08:21 AM
 #343

The amount of cryptocurrencies out there is nauseating. Up in the thousands now.

Do you see a future where we're using a wide variety, or will one come out on top?

Technically, if one of these ICO projects create a be-all-end-all decentralized platform where all products and services are bought and sold, I guess it isn't impossible to one day have just one.

What do you think?

In the future when everything is settled we will only have fewer than 50 coins that will have an impact to the community, people will have enough of these new coins coming up because they are just duplicate of existing coins, some of these do not have real value at all.

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March 15, 2019, 06:04:49 AM
 #344

in the future there will probably be hundreds of bank, government backed cryptos but eventually there will only be one. bitcoin and maybe a few others will go underground again. yep that's my prophecy.
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March 15, 2019, 06:10:34 AM
 #345

Investing in ICO is a very high risk investment but still there are few good cryptocurrencies that worths investing in and I'm sure many will survive in the future and many more with no usage will die as well

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March 15, 2019, 08:14:45 AM
 #346

Investing in ICO is a very high risk investment but still there are few good cryptocurrencies that worths investing in and I'm sure many will survive in the future and many more with no usage will die as well
of course there are many risks in each choice so you must be able to take risks if you want to make a profit.
indeed, at present the ICO has a greater risk, so many people are now far from the ICO, but that does not mean that all will not be profitable.
Cryptocurrency can grow in the future so in my opinion, start now to manage profits.

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March 15, 2019, 09:02:53 AM
 #347

Crypto currency is governed by Bitcoin but due to it's high price , it is not affordable by everyone. So , thousands of crypto currency can encourage people to invest according to their budget and enter in crypto world.
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March 15, 2019, 04:48:49 PM
 #348

Crypto currency is governed by Bitcoin but due to it's high price , it is not affordable by everyone. So , thousands of crypto currency can encourage people to invest according to their budget and enter in crypto world.
I think the price movement of cryptocurrency does not depend on the price movements of bitcoin, cryptocurrency can only have a price when there is an interaction between buyers and sellers that occur at the exchange so that the interaction can provide cryptocurrency prices in the exchange.

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March 15, 2019, 05:03:17 PM
 #349

I think that in the future there will be many different blockchains. There will be many different altcoins. Already there are strong projects that create a large infrastructure in different areas of activity.

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March 15, 2019, 05:07:50 PM
 #350

It seems to me that everything can be done general and make a kind of socialism and restore justice, everything will depend only on what you personally have on the goal, so I think that everything will be fine if you work seriously.
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March 15, 2019, 05:59:44 PM
 #351

The market started with one coin, now there are thousands of coins on the market and their number increases every day

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March 17, 2019, 08:26:31 AM
 #352

The amount of cryptocurrencies out there is nauseating. Up in the thousands now.

Do you see a future where we're using a wide variety, or will one come out on top?

Technically, if one of these ICO projects create a be-all-end-all decentralized platform where all products and services are bought and sold, I guess it isn't impossible to one day have just one.

What do you think?
In any case, there will always be a lot of different types of cryptocurrency. Some will appear, others will leave the market forever. This will happen, because everyone has the right and opportunity to release his cryptocurrency. At the same time, a lot of cryptocurrencies will appear useless and only some of them will be in demand and will exist for a long time. This is a good way to improve cryptocurrency and while maintaining the current conditions of its occurrence, the future of cryptocurrency in its wide variety.

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March 17, 2019, 08:57:54 AM
 #353

I think that in the future there will be even more different cryptocurrencies, because the cryptocurrency sphere is now very popular and is developing rapidly and many people understand this and they create their own cryptocurrencies for various purposes, therefore more and more cryptocurrencies will appear every day.
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March 17, 2019, 10:39:23 AM
 #354

The future is in blockchain technology. We will have to see if all different cryptocurrencies will be needed.
Crypto currency was created using technological advances and developments in time and technology so that the crypto currency will be used in an increasingly developing economic system

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March 17, 2019, 10:51:13 AM
 #355

This is the law of the market, so it should be, tough competition will force to make the best product, and the rest will die, I think in the long term am it is good.

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March 17, 2019, 11:20:01 AM
 #356

The future is in blockchain technology. We will have to see if all different cryptocurrencies will be needed.
Crypto currency was created using technological advances and developments in time and technology so that the crypto currency will be used in an increasingly developing economic system
it can adopt  in any advance developments, crypto will keep being progressive so future will be on the positive side after some time, there's different venues that needed to address so I'm also optimistic that it won't be hurt that much if there's more crypto that will gained success though it's hard to
assume if how many will be succeed in anyhow.
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March 17, 2019, 11:30:17 AM
 #357

The number of crypto currencies is indeed very explosive. Many ICOs appear every day. But I only see the future for just a few potential coins. Many coins that are not potential on the market so they are like rubbish on the market. Most of these coins are technological duplications of previous coins. I prefer not many coins but really useful. I prefer if it can indeed be created a versatile decentralized platform so that all activities can be effective, efficient and practical.
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March 17, 2019, 11:42:27 AM
 #358

This is the law of the market, so it should be, tough competition will force to make the best product, and the rest will die, I think in the long term am it is good.
in my opinion if only holding one coin the opportunity that will be obtained from Cryptocurrency will be very small, if only it can succeed and the possibility of bad things happen so we get nothing.
holding more than one will be better because the opportunity will get more because we expect from a few coins.
indeed if you hold more than one coin, you must be able to focus on all the coins that you hold, so as not to miss a good moment.

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March 17, 2019, 11:55:27 AM
 #359

Only one cryptocurrency which can be determined as the future like bitcoin. No other cryptocurrency would make a new future rather bitcoin.
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March 17, 2019, 12:10:23 PM
 #360

It all depends on the value of the coins. If the coin is valuable, has a certain function and benefit, then why not be on the market?
One coin is definitely not enough.
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