What is happening to cryptocurrency?!

[gilangIDR]

Cryptocurrency is currently in a bad situation. Market experiences a bloody situation and a lot of panic occurs. After 3 weeks ago we faced a drastic decline so now for the past week there has been a stagnation in the price of the majority of coins. This situation will not last long because there is strong information that states that Cryptocurrency prices will increase again. Let's wait for what happens and let us hope that a better situation will arrive soon.

[jikurpa]

At present what happens with crypto currencies is a very drastic reduction in prices or values in this condition, which is needed by investors who have great confidence and patience.

[JeBro]

Currently, it is too early to talk about the success or failure of cryptocurrency. We are at the very beginning of the journey. The development of technical progress will necessarily lead to a massive adoption of the blockchain and cryptocurrency, which are an integral part of it. Remember, Bitcoin was conceived as peer-to-peer payments, but then became an accumulation or investment tool. Other cryptocurrencies will also be used for investment purposes.

[UnDerDoG81]

I know people are feeling too depressed because of the declining market, and the comments from the news reports that the cryptocurrency will die makes them even more panicked. But I urge people to look into the information before accepting it, according to a statistic that doubles the number of people using electronic money in the first three quarters of 2018. The Cambridge University study concludes that Bitcoin's death in the context of a 85% price drop has been exaggerated by the media

[chadtn]

The market is turning green, which means that the mood is improving. Before the new year, who wanted brought the money. The rest buy as a gift cryptocurrency. I also think that the market is now perfectly suited for purchases for correction. But you shouldn't hurry, there are always risks.

[ConvallAria]

In 2018, many people became disillusioned with cryptocurrency. But I think that we should not lose faith in crypto, because cryptocurrency has great potential.

[yitzjoe]

the more new crypto numbers appear to give us benefits and also new problems at crypto prices. the emergence of new crypto gives us a lot of choices and this is good for crypto and user development, but the more crypto makes us even more confused and some of them lose focus on developing utilities that cause global influence on crypto prices

[coinbirds]

Adoption of cryptocurrencies will take time and it will be a long process.
Just remember how long did it take for internet to become mainstream.
In 1997 there were 2.7k websites today we have 1.8 billion.
It took more than 20 years.
Blockchain technology is a more complicated one and it will take even more time.

[kawetsriyanto]

I think the development of blockchain technology and cryptocurrency are still in the beginning phase. So, don't assume that there are no further development till now. There are no bad things in their improvement, they are always improving and have adopted more day to day.   

[Mianae]

I only think that there are not enough further technological development for Blockchain and cryptocurrency to be enhanced in ways that it becomes commercialized.

To some extent, Blockchain is being applied to many fields. However due to the variation in cryptocurrency price, there will be less usage and application to Blockchain servcies.

Millions of dollars are being transferred everyday with cryptocurrency. However, there are not many usage for it.


What do you guys think?

Blockchain technology is still very young. Unfortunately, its use is currently very limited. It will take several years for the technology to prove its viability. But we see that the real economy is increasingly paying attention to this technology ... I have no doubt that in the near future we will see the widespread use of the blockchain.

Your ascertions are right. The tech is still very young couples with the fact that everyone sprung up and started creating their own tokens for projects that shouldn't exist. Until it stops being about money and blockchain technology proves its viability, mass adoption sites in. Until then the market will always be suppressed and pumped at will.

[bassbity]

Cryptocurrency is currently in a bad situation. Market experiences a bloody situation and a lot of panic occurs. After 3 weeks ago we faced a drastic decline so now for the past week there has been a stagnation in the price of the majority of coins. This situation will not last long because there is strong information that states that Cryptocurrency prices will increase again. Let's wait for what happens and let us hope that a better situation will arrive soon.

I see in some exchanges all altcoins have increased, is this a sign that this lower month will end ?? I hope this will not fall again to the lowest price.

[treatWy]

what happened to cryptocurrency? nothing, just an ordinary routine. price fluctuations are common in cryptocurrency except that maybe the current decline is too much

It is not an ordinary routine rather an extraordinary happening. If we look at the market from where it was before and the present condition. We can find out that the decline is too harsh and its hurt you know. Time will come the broken hearts will be fixed again.

[maaldaz]

I only think that there are not enough further technological development for Blockchain and cryptocurrency to be enhanced in ways that it becomes commercialized.

To some extent, Blockchain is being applied to many fields. However due to the variation in cryptocurrency price, there will be less usage and application to Blockchain servcies.

Millions of dollars are being transferred everyday with cryptocurrency. However, there are not many usage for it.

What do you guys think?

I thin you were right, the current cryptocurrency doesn't has much usage for everyday need.
It suppose to have more usage in daily need in the future, that way will makes the cryptocurrency became more accepted in the public.

[sourish]

Crypto is still in nascent stage, but there are no two ways about its future use and identity.

[Betwrong]

Currently, it is too early to talk about the success or failure of cryptocurrency. We are at the very beginning of the journey. The development of technical progress will necessarily lead to a massive adoption of the blockchain and cryptocurrency, which are an integral part of it. Remember, Bitcoin was conceived as peer-to-peer payments, but then became an accumulation or investment tool. Other cryptocurrencies will also be used for investment purposes.

But above all cryptocurrencies should be used as intended, as a convenient payment method. They would have no value eventually if they weren't used that way. That's why many of the existing cryptos will disappear in the future, because they are not used anywhere except for the exchanges. People must keep this in mind when thinking on investing in this or that altcoin.

[Dima95]

Everything will find the right place in the future. Some coins will become the payment instruments, some projects will be the great platforms for people. And they will be very expensive!

[AliMan]

Currently, it is too early to talk about the success or failure of cryptocurrency. We are at the very beginning of the journey. The development of technical progress will necessarily lead to a massive adoption of the blockchain and cryptocurrency, which are an integral part of it. Remember, Bitcoin was conceived as peer-to-peer payments, but then became an accumulation or investment tool. Other cryptocurrencies will also be used for investment purposes.

But above all cryptocurrencies should be used as intended, as a convenient payment method. They would have no value eventually if they weren't used that way. That's why many of the existing cryptos will disappear in the future, because they are not used anywhere except for the exchanges. People must keep this in mind when thinking on investing in this or that altcoin.

Don't worry about it the current situation of cryptocurrency will surely change in the end, just don't give up and keep waiting for the rising of crypto. The happening to crypto is just part of it falling and rising is always happen, so you only need to do is to wait because nobody know when the situation change.

[Amicole]

I think that crypto will rise back up when it will become more convenient and will be used in everyday life again. It will be a slow climb though.

[hellyeahent]

The market is jumping from side to side. You can call it all a contrast shower, which was created for us by the US government. They still can not come to a consensus about whether the cryptocurrency is legal or not.

[udumalai01]

crypto decentrlized market , now controlled by centrlized  people soon this all break , users of crypto in 2016 and now is 200% up..