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Author Topic: Future of the crypto currency  (Read 954 times)
Bounty Don (OP)
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June 29, 2019, 06:39:15 PM
Last edit: June 29, 2019, 08:05:57 PM by Bounty Don
 #1

It is assumed that the crypto currency will be the future coin. Information and technology experts have already started working with the blockchain on its core. The way the internet changed the world, how to the cell phones are spreading from the house to house, spreading in the rural areas, the crypto currency will also spread. But which coin? Bitcoin, Iota? Litecoin? Ethereum? Or 'Mofiz Coin'?
It's hard to tell. No one knows. But in the next two or four years or in the future a crypto currency will must his seat. Dollar usage will be reduced slowly, EURO usage will be reduced slowly, money usage will contracted one day. People will not go to the bank, everyone has computer or mobile crypto currency wallet. This wallet will keep people's money securely. Many people said that this account is not just a comparison of the bank account. An account is itself a bank. The bank's rules, fees, everything will determine that person. And this currency will be exchanged in any country in the world. So the world will have a new look.
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June 29, 2019, 06:45:12 PM
 #2

There are too many grammatical errors on post you created ,you need to edit and fix , work on your grammer or you wont get anywhere , what cryptocurrency will be the future coin? Your intro is very bad too and you spell litecoin as lightcoin ,even ethereum as Etherium
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June 29, 2019, 07:11:20 PM
 #3

BTC has made considerable inroads. It is listed on futures exchanges,. As a result it has guaranteed liquidity from the likes of institutional investors. Futures are essentially commodities. Therefore, it is extremely unlikely that it will ever be "delisted" The status of bitcoin marks its status as a de facto alternative currency to fiat. As bitcoin gains more traction it is likely that there will be considerable backlash by central banks who will  coerce government to severely limit access to crypto by the likes of  retail persons. The arguments used to justify such legislation will most likly be based on bullshit  excuses such as investor protection, or the prevention of money laundering.

There are already initiatives in the US to ban crypto. Also,the BIS  has expressed considerable reservations about the power of crypto to undermine central banks. To put it simply, regulators will try and destroy or severely restrict access to any crypto asset that becomes popular enough to threaten the power of major fiat currencies.  Remember, from 1933-1975 the US government banned private gold ownership to prop up the federal reserve and to establish its  monetary monopoly. The same thing will happen in the future.

Its beginning now. See below for evidence.

https://www.forbes.com/sites/billybambrough/2019/05/15/a-u-s-congressman-is-so-scared-of-bitcoin-and-crypto-he-wants-it-banned/


There are efforts in the US to ban crypto  in order to protect the federal reserve and by extension the private banks that own the federal reserve.


For solutions to protect your crypto assets against the oncoming clampdown

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June 29, 2019, 08:06:13 PM
 #4

The future of cryptocurrency is bright. Many investors are participating and investing in cryptocurrency because of the benefits it offers. Im very optimistic that crypto will go far

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June 29, 2019, 08:23:38 PM
 #5

Sincerely I don't know what the future holds for cryptocurrency but I am optimistic that the future will be bright and there will be more adoption of cryptocurrency in the world probably some years from now. I am positive as regards the future of cryptocurrency and I wish for a better future of crypto.

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June 29, 2019, 08:51:22 PM
 #6

DONT BE FOOLED PROTECT ALL OF YOUR ASSETS INCLUDING  PRECIOUS METALS AND CRYPTO.

The widespread adoption of crypto is the key reason why central banks will try to stop its continued adoption. Central banks fear that crypto will undermine their ability to control national economies.  Efforts to ban crypto are already underway:

https://www.forbes.com/sites/billybambrough/2019/05/15/a-u-s-congressman-is-so-scared-of-bitcoin-and-crypto-he-wants-it-banned/


Forbes have uncovered a nascent attempt ban crypto in the states to protect the us central bank - The federal reserve.

100% anonymity is the only way for cyrpto to withstand government attempts to ban or restrict access to crypto assets.

 Remember, the US government  allows hedge funds to trade forex but does not allow retail clients. This is because the fed fears widespread shorting of the US dollars. The central banks will try and destroy any initiative that undermines their power. The key matter is to ensure that all of your assets are 100% anonymous in th event of a government seizure, similar to the US  government's seizure of gold in 1933.
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June 29, 2019, 08:59:34 PM
 #7

future of the crypto currency shall be bright, but there is a question which ones will survive through all these storms, and answer to that question will bring money to those who guess it right
for me, BTC does not have product behind, only marketing, since it was a first one, but that could be enough
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June 29, 2019, 09:06:50 PM
 #8

The conclusion is that the future of cryptocurrency will facilitate transactions in everyday life as technology develops more evenly. And the cheapest and fastest transaction costs will be the choice of many people in the future. Fast, precise and safe. Wallet security from the danger of a hacker's account will be our shared vigilance.

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SoundMoney19
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June 29, 2019, 10:01:14 PM
 #9

The conclusion is that the future of cryptocurrency will facilitate transactions in everyday life as technology develops more evenly. And the cheapest and fastest transaction costs will be the choice of many people in the future. Fast, precise and safe. Wallet security from the danger of a hacker's account will be our shared vigilance.

So if central banks coerce governments into introduce legislation to  to ban crypto ownership what then?

If rep Sherman's initiative to ban crypto succeeds what then?

Government can ban crypto ownership like the US government did with private gold ownership between 1933-1975.

If the government does this  on bulshit grounds such as the prevention of money laundering what then?


The key is ensuring 100 anonymity. No KYC / AML laws whatsoever, this will render any bans or seizue initiatives ineffective  Crypto cannot develop unless it is completely free of all government restrictions. As it is government can use KYC/AML laws to force exhanges  or any clearnet wallet to seize a client's crypto holdings.
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June 29, 2019, 10:11:02 PM
 #10

The future of cryptocurrency will be bright and it will really be part of our day to day transaction in the future. My prediction is that some projects will not survive the crypto storm will some will still survive it. The reason for survival will be based on use case of a particular coin the the real world. The ones with real world usage will survive while the less important ones will fade out.

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June 29, 2019, 10:15:58 PM
 #11

Now that Facebook and other major role players have joined the party. It is now obvious that cryptocurrency is now more closer to people than ever before. I am looking at cryptocurrency achieving a marketcap of 1trillion usd in the next 10 years. This is very much attainable in my opinion


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June 29, 2019, 10:20:20 PM
 #12

The future of cryptocurrency will be bright and it will really be part of our day to day transaction in the future. My prediction is that some projects will not survive the crypto storm will some will still survive it. The reason for survival will be based on use case of a particular coin the the real world. The ones with real world usage will survive while the less important ones will fade out.

The US government and the federal government will try and stop that from happening. The process has already begun.

They are trying to ban crypto usage.

https://cointelegraph.com/news/us-rep-sherman-calls-for-crypto-ban-says-it-threatens-to-diminish-american-power
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June 29, 2019, 10:25:08 PM
 #13

The future of cryptocurrency will be bright and it will really be part of our day to day transaction in the future. My prediction is that some projects will not survive the crypto storm will some will still survive it. The reason for survival will be based on use case of a particular coin the the real world. The ones with real world usage will survive while the less important ones will fade out.
That's what is called competition with the latest innovations. In crypto projects now of course have the same purpose but the difference is the features and advantages of each project. So, as you say, in the future crypto projects that are not able to compete, of course, will sooner or later die and be new again. That's the way the wheels are in crypto projects today.

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June 29, 2019, 10:28:44 PM
 #14

It is assumed that the crypto currency will be the future coin. Information and technology experts have already started working with the blockchain on its core. The way the internet changed the world, how to the cell phones are spreading from the house to house, spreading in the rural areas, the crypto currency will also spread. But which coin? Bitcoin, Iota? Litecoin? Ethereum? Or 'Mofiz Coin'?
It's hard to tell. No one knows. But in the next two or four years or in the future a crypto currency will must his seat. Dollar usage will be reduced slowly, EURO usage will be reduced slowly, money usage will contracted one day. People will not go to the bank, everyone has computer or mobile crypto currency wallet. This wallet will keep people's money securely. Many people said that this account is not just a comparison of the bank account. An account is itself a bank. The bank's rules, fees, everything will determine that person. And this currency will be exchanged in any country in the world. So the world will have a new look.
I really think that a lot of events and things happening that are setting the stage for the next technological evolution that will be lead by cryptocurrency, just think about it, we have Elon Musk and Mark Zuckerburg both trying to make satellites that offer internet everywhere on earth, and than Facebook  starts developing its own cryptocurrency, i mean it is all connected, i am sure that in the next few years and if the Libera coin makes a huge hit we will definitely see crypto taking over the world and when it does we will be on top of it.
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June 29, 2019, 10:31:51 PM
 #15

The future of cryptocurrency will be bright and it will really be part of our day to day transaction in the future. My prediction is that some projects will not survive the crypto storm will some will still survive it. The reason for survival will be based on use case of a particular coin the the real world. The ones with real world usage will survive while the less important ones will fade out.
Those fake project will certainly be out in the future, this is to clean up those things that don't give use to us in the later days.
Will have to think that cryptocurrency will be used in the online and offline base and this time, those areas don't have internet will still enjoy this thing.
We only need support from our country leaders and this will give a boost for its growing market.

 
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June 29, 2019, 11:02:30 PM
 #16

I’m so optimistic that cryptocurrency will have a bright future. Crypto will be more closer and useful to the society around the world. Furthermore facebook has joined crypto, so it will be more popular and close to people.

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June 29, 2019, 11:34:57 PM
 #17

The federal reserve and their shills in congress are trying to stop Libracoin.
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June 30, 2019, 04:01:33 AM
 #18

I’m so optimistic that cryptocurrency will have a bright future. Crypto will be more closer and useful to the society around the world. Furthermore facebook has joined crypto, so it will be more popular and close to people.
of course cryptocurrency will have a bright future and maybe in the future crypto will be a part of people's lives. Current crypto users may have increased and made crypto more loved by people around the world. indeed the first social media that is Facebook has joined Crypto and is waiting for other news from Twitter, hopefully Twitter social media can also join Crypto.

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June 30, 2019, 06:52:01 AM
 #19

This world is a digital world. So in this digital world, digital money is required. There has been many types of problems in transacting money from a point of the world to another. Banks impose lengthy and difficult procedure in money transaction. This is where cryptocurrency will come and make transaction easier. So next world will be the world of cryptocurrency.

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June 30, 2019, 08:00:43 AM
 #20

I think cryptocurrency will have a bright future, right now it is slowly making an impact on everyone that will be huge in the future. More and more people will recognize this and more people will use this.
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