What is happening to cryptocurrency?!

[veekky]

Don't you see what is happening to crypto?
To my mind there is a strong decrease and whay we see here is disgusting. Yeah, it is so, crypto is manipulated

[Imoote]

price competition on cryptocurrency is getting tougher so that many crypto coins have increased their prices, this obviously will greatly affect the development of cryptocurrency from all fields.

[TomInVa57]

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?

To be honest, I personally do not understand what is happening with this industry. At the beginning of the year, everyone was building Grand plans and goals, there was such crypto-euphoria, everyone believed in endless growth. But it turned out to be much more prosaic.

[styca]

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?

Crytpo still has a very bright future, and developments are coming all the time. What this year's price drops tell us is that prices are based largely on speculation. At the moment it's all about what we think crypto may do, rather than actual current uses. Markets are thin, and this increases volatility. Don't worry about the long term, I think it will be fine.

[que91]

The downtrend continues and nobody is able to tell you when it is going to end, because nobody can predict the market movements. Just stay relaxed and do not look at CMC every day. Find another hobby.

I think the downtrend will continue and the price will decrease at the end of this year. And the market cap of this market will go down; nobody can predict the market. I think now you should not follow the price of this market, please go out and seek a job.

[Mianae]

Mass adoption hasn't set in yet so I would agree with you that blockchain technology isn't being used majorly by people. But that doesn't have anything to do with the effectiveness of the tech. It's just normal with new inventions after a while mass adoption and usecase suffices

[Downloaded]

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?

Investors big and small hands tired of the suspended state of Bitcoin and the industry as a whole. Until the government makes a final decision on the status of cryptocurrencies, we will observe a drop in trading volumes.

[$anounimus$]

cryptocurrency has hated it a lot this year and many have made bad news and are trying to tear down the price of cryptocurrency, as currently the price of bitcoin collapses down to the base price.

[bitcoinm3ster]

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?

Yep, almost the main use of cryptocurrency now is being to saving and transfering each other. There are not much coins which are applied in applications are running in real life

[twa]

Crypto currency is experiencing a very drastic decline and many investors are panicking and fear of the decline remains the main capital investment confidence and patience

[mulia sabee]

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?

in my opinion, what is happening with the digital currency today is a lack of trust from the public, and a lack of understanding for the public about blockchain technology. I think that with the technology currently being developed by the digital currency, it is sufficient. which but needs to be socialized to the world about these technologies to be more developed. I think this is the case now.

[arikassuja]

although a lot of money up to millions of dollars is transferred every day using cryptocurrency but it will not make the price of cryptocurrency experience an increase in prices, in fact it makes the price break like this.

[malah]

the crypto currency is now quiet and there are not many changes, the market is still not showing good signs and many are waiting for the market to recover soon and the crypto currency will become profitable again

[NickoOrteras]

Simple cryptocurrency occurs because of preice of coins and especially bitcoin has fallen in the cryptocurrency market. it is also possible for the reason why the cryptocurrency has fallen due to lack of investors and because of this, there is a small amount of money being collected and rotated by crypto.

[paradigmaV]

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.

[Benarand]

Nothing special happens. There is a revaluation of values. The cryptocurrency was greatly overvalued at the beginning of the year, so they are looking for a fair price, and so far they can’t find it.

[fempat]

I actually feel like they are going to hit a rock-solid  bottom and many crytos would not be able to survive the storm. Look at the coins, man of which are absolutely worthless as they have no use whatsoever. It's a pity that these shakings will also affect the good coins also.

[monster2]

I think so crushing the cryptocurrency market is because of the lack of investors and because of the low price of bitcoin there are very few good bounty and no ico that is good so little ones.

[Betwrong]

What is happening to cryptocurrency?!

Cryptocurrencies are actively entering our daily life. Already everyone can eat chicken for cryptocurrency.
https://www.ccn.com/kfc-venezuela-accepts-dash-cryptocurrency-joining-subway-and-papa-johns/
KFC Venezuela Accepts Dash Cryptocurrency, Joining Subway and Papa John’s.

I'm wondering if that was the reason for Dash rising during the past couple of days. Anyway it's a good news for crypto community overall, because what we need is real usage of cryptos which is not associated with trading only. Fortunately, there are many other companies accepting BTC and some other cryptos as a payment, KFC Canada is another good example. You can buy movie tickets with Bitcoin at MovieTickets.com, you can purchase movies and TV series at Lionsgate (known for The Hunger Games and The Day After Tomorrow) online shop with Bitcoin, Litecoin, and Dogecoin, and in many places in Switzerland you can buy almost anything with BTC and with some other cryptos. In short, answering the OP's question, nothing bad is happening to cryptocurrency, the adoption is only rising and the results will be seen soon.

[aziziasa]

What is happening to cryptocurrency?!

Cryptocurrencies are actively entering our daily life. Already everyone can eat chicken for cryptocurrency.
https://www.ccn.com/kfc-venezuela-accepts-dash-cryptocurrency-joining-subway-and-papa-johns/
KFC Venezuela Accepts Dash Cryptocurrency, Joining Subway and Papa John’s.

I'm wondering if that was the reason for Dash rising during the past couple of days. Anyway it's a good news for crypto community overall, because what we need is real usage of cryptos which is not associated with trading only. Fortunately, there are many other companies accepting BTC and some other cryptos as a payment, KFC Canada is another good example. You can buy movie tickets with Bitcoin at MovieTickets.com, you can purchase movies and TV series at Lionsgate (known for The Hunger Games and The Day After Tomorrow) online shop with Bitcoin, Litecoin, and Dogecoin, and in many places in Switzerland you can buy almost anything with BTC and with some other cryptos. In short, answering the OP's question, nothing bad is happening to cryptocurrency, the adoption is only rising and the results will be seen soon.

certainly, it is a condition which can be said to be good. where everyone can take advantage of their everyday life for crypto freely or easily. future expected crypto can be applied globally and thus applies to the global. thus indicating that Crypto is fine.