There will be no "Development" of the Cryptoindustry for now, here is why:

[shield132]

There will be and there are a lot of reasons. To my mind it's still development when it gets accepted in many placed and gets popular among people. On another hand development doesn't mean rise in price, development is when innovative products (coins) are created or innovative functions are added to specific coin, it's development when some new problems are solved too (for example high tx fees). Well, that's how I see it, price isn't indicator of bitcoin's development at this stage.

[1715072374]

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[1715072374]

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[jointherevolution]

I think you confuse development as a meaning with another word. You talk about price increase and market increase which does not have much to do with coin development. Also development of coins is not usually responsible for the ups and downs of the market apart from minor movements.

[bitfocus]

I think you are missing some key-points and just thinking backward.

[LeGaulois]

Institutions have a greater interest in creating their own coin for several reasons. Not to be a coin developed in order to increase its value as much as possible but rather a coin to benefit from the technology, something like a stable coin.
If an institution is really interested in investing in BTC it will certainly not be through an exchange, and there is currently no positive signal showing an opportunity.

The crypto market is too dependent on BTC


OP is talking about the development of the industry, not the development of a coin

[KingScorpio]

Institutions have a greater interest in creating their own coin for several reasons. Not to be a coin developed in order to increase its value as much as possible but rather a coin to benefit from the technology, something like a stable coin.
If an institution is really interested in investing in BTC it will certainly not be through an exchange, and there is currently no positive signal showing an opportunity.

The crypto market is too dependent on BTC


OP is talking about the development of the industry, not the development of a coin

it is even worse, cryptoindustry is centrered on bitcoin

institutions haver no interest joining that crap.

the western institutions will then start supporting a communist nationalsocialist regime in their countries.

out of interest and the urban import dependend population will join them

[talkbitcoin]

there won't be any "development" of "cryptoindustry" for a long time for now because there are a lot of bag holders like you who are too caught up in the fake advertisement of shitcoins that promised them better cryptocurrencies than they really delivered. they were promising a coin better than bitcoin which you ate up and started bag holding it and then lost a lot of money in it.
the result is lazy developers who are more interested in making money by pump and dumping coins and take the money from gullible people like you  who bag hold their useless tokens.

[Johnzky]

How sorry you are mate because of being tagged ,and now upon desperation that you are spreading this stupidity?you use to love bitcoin upon the post history and why now you are barking against this?

there won't be any "development" of "cryptoindustry" for a long time for now because there are a lot of bag holders like you who are too caught up in the fake advertisement of shitcoins that promised them better cryptocurrencies than they really delivered. they were promising a coin better than bitcoin which you ate up and started bag holding it and then lost a lot of money in it.
the result is lazy developers who are more interested in making money by pump and dumping coins and take the money from gullible people like you  who bag hold their useless tokens.

You are getting too harsh here Mate,but you maybe right as this man spreading lies about bitcoin all over the forum,but he is still here in crypto for one reason,and that is to gain profit from shitcoins or tokens lol

[KingScorpio]

How sorry you are mate because of being tagged ,and now upon desperation that you are spreading this stupidity?you use to love bitcoin upon the post history and why now you are barking against this?

cause my economic interest shifted from supporting bitcoin (damagin central bank)

towards supporting cryptoindustry (establishing myself as cryptocapitalist)

gliss and his cryptoindexers arent helping me and i cant bribe them like ripple, so i work towards weakening the authority of the cryptoindexation

[bolo1970]

8)Bitcoin developers care less about the price than you think they do. What, exactly, do you think they should be developing?  It would probably help if you were a little clearer on that.  How is it the fault of Bitcoin developers that altcoins aren't getting the attention you feel they deserve?  What are you even talking about?

[KingScorpio]

8)Bitcoin developers care less about the price than you think they do. What, exactly, do you think they should be developing?  It would probably help if you were a little clearer on that.  How is it the fault of Bitcoin developers that altcoins aren't getting the attention you feel they deserve?

a cryptoindex for a civilisation, not a cryptoindex for bitcoincentrism bitcoinmaximalism and bitcoinmarketing

What are you even talking about?

something you dont understand maybe

[Blocktopian88]

I agree with someone said in comment,"Bitcoin developers care less about the price than you think they do". What's more, for the whole industry, there will be other developments more than price happening, such as launching ETFs, though it's difficult, and different in various countries.

[jerrison]

all what has been said here is or are mere speculations as there is no facts pointed out or even figures as to when it happened but lets all consider the formula used as there is a word called disruption which exists in the dictionary and that gives rise to technologies taking over already existing technologies and giving a better service and function.

[KingScorpio]

I agree with someone said in comment,"Bitcoin developers care less about the price than you think they do". What's more, for the whole industry, there will be other developments more than price happening, such as launching ETFs, though it's difficult, and different in various countries.

ETFs nare scam they are just an invention in order to attract pensioneers capital into bitcoin

nothing is a true development except the direct standardised replacement of the banks

[ShadowBits]

There will be no "Development" of the Cryptoindustry for quite a while there are substantial attuitudes that prevent a development, here is why:

many of those bitcoin hodlers think that there will be institutionalisation that will return their beloved bitcoin back to 20k usd so they can sell with profits again

but thats not how instutionalisation will work.

current cryptomarket will not develop itself for certain well defined reasons.

bitcoin founders didnt created the cryptomarket for everyone to develop, they as first and mainly created and marketed bitcoin.

in the end the bitcoin founders created a bitcoincentristic cryptoindex and economy (bitcoin is best and biggest) that they now want to impose on the whole world. and it is surprisingly still taken serious by many without much resistance.

That is the main issue why the cryptoindustry will not develop itself. its the dictatorial bitcoincentrism and bitcoin maximalism, of the founders out of this forum. they want everybody to look at it and adapt it in their "interest" and push their bitcoin hodlings, its actually still not a cryptomarket its a bitcoin centristic market. and its not decentralised away from bitcoin to ever be called "a cryptomarket" yet.

and i doubt they will be taken serious in long run in fact, they will be considered more and more a joke. with more and more people creating their own "coins"

institutionalisation of cryptoindustry will not help because instutitions mainly will desire to fund themselves, and not join a pow token, they therefore will create their own token, or support a local communist/national socialist regime like its getting more and more obvious in the usa.

regards

People keep saying that because they don't see the market at the highs. But when the market will go up and go on a new rally then people would really say that things.

[KingScorpio]

There will be no "Development" of the Cryptoindustry for quite a while there are substantial attuitudes that prevent a development, here is why:

many of those bitcoin hodlers think that there will be institutionalisation that will return their beloved bitcoin back to 20k usd so they can sell with profits again

but thats not how instutionalisation will work.

current cryptomarket will not develop itself for certain well defined reasons.

bitcoin founders didnt created the cryptomarket for everyone to develop, they as first and mainly created and marketed bitcoin.

in the end the bitcoin founders created a bitcoincentristic cryptoindex and economy (bitcoin is best and biggest) that they now want to impose on the whole world. and it is surprisingly still taken serious by many without much resistance.

That is the main issue why the cryptoindustry will not develop itself. its the dictatorial bitcoincentrism and bitcoin maximalism, of the founders out of this forum. they want everybody to look at it and adapt it in their "interest" and push their bitcoin hodlings, its actually still not a cryptomarket its a bitcoin centristic market. and its not decentralised away from bitcoin to ever be called "a cryptomarket" yet.

and i doubt they will be taken serious in long run in fact, they will be considered more and more a joke. with more and more people creating their own "coins"

institutionalisation of cryptoindustry will not help because instutitions mainly will desire to fund themselves, and not join a pow token, they therefore will create their own token, or support a local communist/national socialist regime like its getting more and more obvious in the usa.

regards

People keep saying that because they don't see the market at the highs. But when the market will go up and go on a new rally then people would really say that things.

nope you are in a death spiral

[jrrsparkles]

I agree with someone said in comment,"Bitcoin developers care less about the price than you think they do". What's more, for the whole industry, there will be other developments more than price happening, such as launching ETFs, though it's difficult, and different in various countries.

You need to quote that post or you will get ban for posting someone's content even if it is general content to say.

Launching ETF is also not in the mind of developers because it can kills the traditional investors of crypto currency and make the bitcoin not usable for real life purpose.

[BrewMaster]

that is only the way you think not what really is happening in the cryptocurrency world.

there is no denying that many are only interested in the price, you included, but that  doesn't mean that is the only thing that matters and because of it no development would take place! the fact is a lot of cool things are going on at all times in this world because the technology is a very interesting one. it just happens that bitcoin is the biggest innovation and it is ahead because of that otherwise things are very good if you stop looking at the price only!

[akram143]

that is only the way you think not what really is happening in the cryptocurrency world.

there is no denying that many are only interested in the price, you included, but that  doesn't mean that is the only thing that matters and because of it no development would take place! the fact is a lot of cool things are going on at all times in this world because the technology is a very interesting one. it just happens that bitcoin is the biggest innovation and it is ahead because of that otherwise things are very good if you stop looking at the price only!

The development will not happen still we don't trust the Bitcoin value because lots of people find it and sell their investment suddenly while the price getting lowered in the starting stage this will lead to the full value drop in quicktime and it cast many people to sell their investment.

[franky1]

now we seem to be getting to the crux of the issue

king scorpio is not upset about the industry/community of crypto.. he is upset about a BUSINESS which handles a basket of different altcoins and names the basket a "crypto index"

which i would say. knowing 99% of altcoins are crap coins anyway. and knowing that the BUSINESS that king scorpio is crying about is also not concerned with the value/utility of crapcoins. king scorpio should take a step back and realise that the BUSINESS that creates the basket of altcoins(index) do not make profit from if a coin is successful/usable/sustainable.

whether a altcoin is successful or not, the business that king scorpio is upset about just takes a commission from every trade of a basket, no matter what the basket contains and no matter what the altcoin in the basket actually does or doesnt do.

so now knowing this. king scorpion should realise making an altcoin and forcing it to only be listed if it meets certain standards wont make the BUSINESS any more or any less profitable. so in essense they will still not care if a coin meets a certain standard or not. as thats not their BUSINESS model

so in short. king scorpio is fighting a battle with the wrong weapon

[Snyderfx2]

I think the reason why crypto coin industry is not developing due to its greedy user's because majority of people who invest in crypto or bitcoin have no desire to use them for day to day functions as a means of payment alternative for fiat currencies and I don't think even people who launch ICO projects have that ambition and there only target is to make quick profits by introducing a currency so there are many cryptocurrencies in the world but still we don't see a significant contribution to the world