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Author Topic: What has changed? Is it moving forward?  (Read 19083 times)
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January 21, 2019, 02:51:45 PM
 #41

It has become an investment vehicle more than a tool that is replacing fiat. Almost all regulations covering cryptocurrencies are also related on it being an asset/investment rather than a transactional currency, so not much has changed. Price wise, it has changed drastically, though I think it's an improper metric to gauge whether bitcoin has become successful or not.

Overall, I'd say bitcoin changed for the better, at least when comparing it to 1014 market conditions.

You made a good point here. Bitcoin has become a digital asset whose price is based on speculation. The supposedly track of bitcoin has improved but not enough to totally usable in financial transactions. The development has to be re-focus again, to make bitcoin mainstream.



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January 21, 2019, 03:52:59 PM
 #42

Talking about real Cryptocurrency, crypto has been formed a few years ago and is now quite famous, now widespread throughout the world,
With the support of the development of financial technology so far, now it has begun to penetrate with the global prepaid system.
The first cryptocurrency to achieve success was Bitcoin, so that the initiator of the emergence of other types of cryptocurrency happened, which all this time everyone knew and competed with Bitcoin crypto not only for investment but also for business in other currency transactionsdigital.
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January 25, 2019, 04:57:06 PM
 #43

Of course, crypto did not become a payment instrument, but it certainly became better, I believe. Now it is still in continuous development and it has a great future. But so far it has proved to be a good investment tool.

There is no currency that doesn't disappoint these days in the digital currency world even its bitcoin or crypto markets and also when considering cryptocurrencies there are becoming a good investment option for many potential investors due to there popularity and the demand so the best thing to do is learn about potential altcoins that investing in everything because unlike trustworthiness of bitcoin  there are significant amount of scams in the crypto market so it is too potential but should be done very carefully

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January 25, 2019, 05:01:17 PM
 #44

Much of the change that has taken place in the last few years since you were in the space are more of awareness, some platforms being built and a lot of projects are being developed,but the built of them are still grossly under utilized.Price growth is principally on speculations -not actual use
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January 25, 2019, 05:01:19 PM
 #45

People need to be patient, everyday we are gaining more users.  If you actually look at all the future updates planned for bitcoin you should be excited.  The winklevoss twins are opening their own exchange, ETF may be coming in the future, Bitcoin ATMs are spreading throughout the world.
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January 25, 2019, 05:07:48 PM
 #46

Well , most crypto quite stable at the moment and it's on downtrending when I try to analyze with MA 100,200
If you ask me , the speed of transaction, bitcoin is better if you're using it on global purchase but in local, fiat still the best.
But remember that bitcoin is an investment tool not fiat so they are completely different things

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January 25, 2019, 05:35:14 PM
 #47

Hi All,

I have been in cryptocurrency since 2014 but last 3 years I took a break from it. I had high hopes how it can change the financial world.

I would like to get back into it but first I would like to find out what is cryptocurrency today.

Is it just a trading commodity, long term investment or is it (very very very) slowly replacing fiat. I know there are many companies and small shops that accept cryptocurrency but is that it? Is the problem still about the speed of a transaction

Please help me catch up a little Smiley





You know what mate, we are in the world of trading where all altcoins in every platform are volatile. Through this we survive as a traders, if you are doing trade most of the time in the market.  But if you are a bullish, it is much less into risk involvement as a coin holders. But so far, nothing's change in the market, its almost the same as what happen last 2018.
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January 25, 2019, 06:31:41 PM
 #48

The entire cryptocurrency market is on the downtrend. Even experts find it difficult to predict the market situation as the market has fallen beyond the predictions put forth earlier. Price will move forward, but for the same to happen we need some force to make a forward push. The forward push can be of some special event or some large scale adoption. Hope the recovery happens at the earliest supporting the growth of cryptocurrency network.
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January 25, 2019, 07:08:40 PM
 #49

It wrong to ascribe the positive change to time because bitcoin has always been on stable and time is not a determining factor for any change but demand is the only means for any change in the price whether positive or negative, taking a long break with the hope to return and meet a bull run is a bad mindset and can end you in disappointment.
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January 25, 2019, 08:40:24 PM
 #50

Crypto is considered an investment tool, because of low adoption rate in traditional markets.  Adoption is the most difficult and compulsive target for crypto currencies and there is a long way to go. But it will change soon and we heard about news that of a new way for adoption.
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January 25, 2019, 09:47:51 PM
 #51

I think that cryptocurrencies are a good alternative to traditional fiat. But neither banks nor governments use it now. We need some time before accepting crypto. IT would be great if some companies will start accepting bitcoin as a payment. It might be a good first step.
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January 25, 2019, 10:12:05 PM
 #52

Many things have changed, to cite one which I think is the most important, the people have started to think for themselves. With the past hype on bitcoin and cypto in general, many people didn't act prudently and just bought in because of the trend without knowing the underlying tech. Because of this, they got burnt. So now, we are left with people who use their head.
For the first time in history, the bitcoin community is separated. 2009-2015 everyone who had ever entered the bitcoin space was supportive of the projects, now most early devs and proponents have either cashed out or gone into other coins they see more potential in.
That and the fact that 2017 were bananas, backed by nothing but greed. Stupidity is limitless but money is limited - so a downturn was obvious to predict.
I do regret starting to sell as early as $4,000 in 2017 but that's life.

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January 25, 2019, 10:30:36 PM
 #53

Hi All,

I have been in cryptocurrency since 2014 but last 3 years I took a break from it. I had high hopes how it can change the financial world.

I would like to get back into it but first I would like to find out what is cryptocurrency today.

Is it just a trading commodity, long term investment or is it (very very very) slowly replacing fiat. I know there are many companies and small shops that accept cryptocurrency but is that it? Is the problem still about the speed of a transaction

Please help me catch up a little Smiley


What you are seeing today is basically what has been going on fiat won't replace Cryptocurrency, bitcoin is down today due to its nature and other Coin follow its lead. Is not all about the speed of transaction everything is working fine is just due to FUD around that makes things look different.

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January 25, 2019, 10:53:01 PM
 #54

I think that cryptocurrencies are a good alternative to traditional fiat. But neither banks nor governments use it now. We need some time before accepting crypto. IT would be great if some companies will start accepting bitcoin as a payment. It might be a good first step.

indeed crypto is technological advancement for now, but the conditions we want are also not as smooth as we imagined, because most every government in the country does not approve of crypto circulating, and is used by its people. so sometimes this also quite inhibits the development of crypto in the future.
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January 26, 2019, 12:34:47 AM
 #55

Cryptocurrency market growing more bigger compare 2014. Bitcoin highest price at $20k and right now below $4000. I think cryptocurrency market will survive in this bear market. BAKKT will launch bitcoin ETF and i think this will make bitcoin price rising again
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January 26, 2019, 01:26:57 AM
 #56

Hi All,

I have been in cryptocurrency since 2014 but last 3 years I took a break from it. I had high hopes how it can change the financial world.

I would like to get back into it but first I would like to find out what is cryptocurrency today.

Is it just a trading commodity, long term investment or is it (very very very) slowly replacing fiat. I know there are many companies and small shops that accept cryptocurrency but is that it? Is the problem still about the speed of a transaction

Please help me catch up a little Smiley





Cryptocurrency is certainly moving forward but in oder for us to see they replace fiat at least for a certain extend it might take several years because today the entire market it self in a bearish condition and even many potential Altcoin's in the past are traded for garbage prices so like bitcoin the stability is less at the moment in many cryptocurrencies but there is adoption into businesses specially targeting online retail market, Shopping business so even slowly majority of crypto are moving in a successful path
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January 26, 2019, 02:38:01 AM
 #57

Hi All,

I have been in cryptocurrency since 2014 but last 3 years I took a break from it. I had high hopes how it can change the financial world.

I would like to get back into it but first I would like to find out what is cryptocurrency today.

Is it just a trading commodity, long term investment or is it (very very very) slowly replacing fiat. I know there are many companies and small shops that accept cryptocurrency but is that it? Is the problem still about the speed of a transaction

Please help me catch up a little Smiley





This is a very good tool to use for long-term investment, only a handful of people who have high patience in order to get big profits, does not mean not good, the matter of gold is used for real investment not with bitcoin which is an uncertain price. when compared to fiat currencies that have unchanged prices.

Maybe you don't have friends who have good knowledge about Cryptocurrency, to encourage your belief that Cryptocurrency will easily replace fiat currencies, I know with doubts that you know Bitcoin in 2014 and for 3 years you are resting, so you don't realize you passing a moment of a very good moment, when bitcoin has a very fantastic price, when you rest for 3 years, so you are influenced by people who do not have high confidence and patience.

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January 26, 2019, 07:12:15 AM
 #58

What change in cryptocurrency market is many project created and many new exchanger with OTC feature. Beside that, bitcoin ETF will happen in this year if BAKKT start launching. Many good thing happen in the future and i am believe crypto is good long term investment

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January 26, 2019, 03:21:42 PM
 #59

Hi All,

I have been in cryptocurrency since 2014 but last 3 years I took a break from it. I had high hopes how it can change the financial world.

I would like to get back into it but first I would like to find out what is cryptocurrency today.

Is it just a trading commodity, long term investment or is it (very very very) slowly replacing fiat. I know there are many companies and small shops that accept cryptocurrency but is that it? Is the problem still about the speed of a transaction

Please help me catch up a little Smiley




Cryptocurrency as you know it, hasn’t changed much. Yes, there have been advancements   and one of which is that it can be acquired with many means. The originally known means is via trading, then some other means too, but by being in this platform with us, the most common means is via ICO – initial coin offering.
Welcome back to the crypto world.


Technology is moving very fast in crypto currency. Compare the bitcoin transactions times and other new currencies which are relatively new and you will see the difference. Bitcoin only hides the person who is sending receiving the coins, while Privacy coins can only hide transactions themselves and you never know which address send to which address.









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January 28, 2019, 11:13:55 AM
 #60

Here in this forum you will learn a lot of things both informative and none informative its up to you to handle every aspect. During your days reading and searching you will find out something new and old information base on other experiences. You will learn from them. Leaning and be patient is very necessary to be able to observe correctly the particular coin that you would probably invest.

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