Adoption Over Bull Run

[redsun114]

I think it might take some while until mass adoption. None of my clients agreed to switch to crypto when I offered them that. Everybody is scared, even though paying me is a huge pain in the ass. I guess it's not the right time yet.

With time, they will come around. Cryptocurrency technology is not really easy to understand, I remember when I was first introduced to cryptocurrency, I ignored it too and I thought it was another Ponzi scheme, it actually sank a bit into my head then, but I never really took it.

It was the second time that I head of it that I took it into consideration and I believe those people you spoke about it too will still have a rethink of it because they must surely hear it again somewhere and that will make them want to reconsider it and also know more about it.

The adoption is still very low because it is a new system, and I believe that there will be a time that the adoption will be very high. One of the reason why we have not also seen the adoption that we need is because we don’t have regulation yet, so some people think because government is against it, it will be illegal for them to use it.

[Patrix_1]

Right now we are too far away from reaching the mass adoption and the first reasons are scam projects that are taking place every single day. Until we would be able to eliminate them, I prefer to have several bullruns in the meantime.

[traderethereum]

When the adoption happens in all country, cryptocurrency will explode, and that means, we will see a new rise of the cryptocurrency.
In that time, there will be many people comes to the cryptocurrency and they are curious about the cryptocurrency so they will learn more.
Maybe the adoption will happen soon as we know that now, many countries are trying to accept cryptocurrency so their people can have a new way to make money.

[Coltpython]

Like a thread I recently visited, demand should take priority. Adoption and demand goes hand in hand. It will make the bull run blow even more epic in proportions.

[BryanK]

I think you are absolutely right. But today we are developing a trend of speculation rather than a trend of innovation and discovery. We see a lot of underrated coins. This is very sad. For example, XRP is used in the banking sector and is very important for society, but it coin have very little price and people do not pay enough attention to it.

[sana54210]

I see a lot of people complaining about the volatility of crypto market with the prices of all their altcoins have reducing drastically, and they hope for the bull run to come and everything should increase. I think that the bull run is not the best solution to the volatility of the crypto market, but adoption.

But, adoption and bull run are interlinked. It means one is happening depending upon the rate of another's happening. At the same time, we must understand that the volatility of crypto market is something we cannot do anything about that but we must need to get practiced to that so that we can focus on more profit making chances by making use of this of volatility these markets.

The best and main solution to the volatility of the crypto market is real world adoption.

I agree. But, mainstream adoption will be possible only bitcoin and other crytos are having some big value so that more number of people will be coming forward to adopt a new kind of payment system. This is the reason I am claiming both volatility/bull-run and adoptions are interlinked.

[michellee]

The bull run will come but the adoption still running until now. In the right time, the bull run will happen, and that will attract the adoption to grow in many places, so it will lift the price up, but then, as usual, there will be a time for the correction of the price and the price will adjust to a new rate which will stable for a while. I think the bull run is near to come and bitcoin price now trying to back to the highest price first before the bull run comes, but I don't think that the bull run will come too fast because the price now still slowly to increase.

[andika2018]

I see a lot of people complaining about the volatility of crypto market with the prices of all their altcoins have reducing drastically, and they hope for the bull run to come and everything should increase. I think that the bull run is not the best solution to the volatility of the crypto market, but adoption.

The best and main solution to the volatility of the crypto market is real world adoption. There are alot of cryptocurrency project that are very good and innovative but are not yet adopted that people outside the crypto space (which is a few percentage of the world economy), therefore there value is subjected to the market changes. But if they get adopted by the real world and there token value is based on the real economy (i.e daily usage by people) then the value would be on the increase regardless of whether the market is bullish or bearish.

Adoption might be able to help strengthen altcoin prices but prices must depend on supply and demand in the market. For the adoption of altcoin, it may still be a matter of time because many governments do not yet have clear regulations on cryptocurrency while current price movements are more dominated by market speculation

[Daha19]

I see a lot of people complaining about the volatility of crypto market with the prices of all their altcoins have reducing drastically, and they hope for the bull run to come and everything should increase. I think that the bull run is not the best solution to the volatility of the crypto market, but adoption.

The best and main solution to the volatility of the crypto market is real world adoption. There are alot of cryptocurrency project that are very good and innovative but are not yet adopted that people outside the crypto space (which is a few percentage of the world economy), therefore there value is subjected to the market changes. But if they get adopted by the real world and there token value is based on the real economy (i.e daily usage by people) then the value would be on the increase regardless of whether the market is bullish or bearish.

Cryptocurrency volatility is very good, some coins managed to make + 300% since the beginning of the year and, apparently, they can go further in the near future

[TheClownSong]

I think you are absolutely right. But today we are developing a trend of speculation rather than a trend of innovation and discovery. We see a lot of underrated coins. This is very sad. For example, XRP is used in the banking sector and is very important for society, but it coin have very little price and people do not pay enough attention to it.

I agree that the price of altcoin on the market tends to be speculation. But if altcoin we hold has a product and has a solid developer team, I think it doesn't matter if the price is currently down. Adoption is indeed important so that investors trust on the project because for companies, to get money there must be products that are sold

[cryptonewbie]

To be honest, volatility will reduce when there is more higher market capitalization. Adoption will play a vital role in this and I agree. For now we can only focus on getting more use case for cryptocurrency. It will be the stepping stone towards adoption

[MikeyVeez]

Bull run could start before massive adoption, just like happened in 2017. And without bull run we can't talk about an adoption. Look how many people used cryptocurrencies in 2017 and how many in 2018.

[UniversityCoin]

For sure, adoption is one of the key to the high volatility. If people use the cryptocurrency in their everyday life, they have to buy or sell it time to time, which makes the market volume grow.

Adoption cryptocurrencies will help them find constant daily use in people's lives, which will create a constant growing demand for coins in the crypto market, which will lead to higher prices and the beginning of a frantic bull market.

[Gi01]

I see a lot of people complaining about the volatility of crypto market with the prices of all their altcoins have reducing drastically, and they hope for the bull run to come and everything should increase. I think that the bull run is not the best solution to the volatility of the crypto market, but adoption.

The best and main solution to the volatility of the crypto market is real world adoption. There are alot of cryptocurrency project that are very good and innovative but are not yet adopted that people outside the crypto space (which is a few percentage of the world economy), therefore there value is subjected to the market changes. But if they get adopted by the real world and there token value is based on the real economy (i.e daily usage by people) then the value would be on the increase regardless of whether the market is bullish or bearish.

Well said mate, adoption is the key thing needed. Once the entire world accept the use of cryptocurrency, volatility will be a thing of the past since the market will be somehow stable. Personally, I don't really see cryptocurrencies as digital money but as an investment commodity. Only the adoption by the entire world can help cryptocurrency to be a digital fiat or currency..

[Eugenar]

Bull run could start before massive adoption, just like happened in 2017. And without bull run we can't talk about an adoption. Look how many people used cryptocurrencies in 2017 and how many in 2018.

Would it be much more better to hear, that the result of bitcoin adoption is bull run? But sadly, it is a fact that before, the reason why allot of people engage into crypto is because of the huge market value. But let's dive deeper into the question why? The answer is still Adoption, adoption of big projects such as ICO's that utilizes Bitcoin as their payment method to but altcoins which triggers the bullish trend of bitcoin.

[TheClownSong]

I see a lot of people complaining about the volatility of crypto market with the prices of all their altcoins have reducing drastically, and they hope for the bull run to come and everything should increase. I think that the bull run is not the best solution to the volatility of the crypto market, but adoption.

The best and main solution to the volatility of the crypto market is real world adoption. There are alot of cryptocurrency project that are very good and innovative but are not yet adopted that people outside the crypto space (which is a few percentage of the world economy), therefore there value is subjected to the market changes. But if they get adopted by the real world and there token value is based on the real economy (i.e daily usage by people) then the value would be on the increase regardless of whether the market is bullish or bearish.

Well said mate, adoption is the key thing needed. Once the entire world accept the use of cryptocurrency, volatility will be a thing of the past since the market will be somehow stable. Personally, I don't really see cryptocurrencies as digital money but as an investment commodity. Only the adoption by the entire world can help cryptocurrency to be a digital fiat or currency..

Adoption might be able to lift prices and transactions in the cryptocurrency market but if the adoption is cryptocurrency as a means of payment in lieu of money, I think this is difficult. The government certainly will not want its authority as the holder of financial circulation disturbed. But if the adoption acts as a digital asset or tokenization of securities, I think this can happen.

[Ailmand]

When adaptation comes in, I think the problem with market volatility will somehow lessen. But come to think of it, one of the main reasons why crypto is profitable for traders is because of its market volatility. Once, adaptation occurs it will be easier for people to use their crypto and people will view crypto as a currency, not just an investment tool.

[Bitartistt]

bull run can come anytime, only thing the new projects should be original and that will make the market better place, recetly i heard about project called hawk network, it has some good options, you can also check with follow link on the twitter page https://twitter.com/Hawk_HKC/status/1185539270456553472

[doomistake]

Like a thread I recently visited, demand should take priority. Adoption and demand goes hand in hand. It will make the bull run blow even more epic in proportions.

We cannot force it to happen, that's not going to work for us that way, our continues support and the slowly mass adoption that is happening will do the magic. Instead of rushing this mass adoption, why not persuade other people by making fortune out of cryptocurrency and let it be your voice to reach them, someday, soon enough, they will turn themselves in cryptocurrency, it might take some time but it will be all worth it.

[Kersh768]

I see a lot of people complaining about the volatility of crypto market with the prices of all their altcoins have reducing drastically, and they hope for the bull run to come and everything should increase. I think that the bull run is not the best solution to the volatility of the crypto market, but adoption.

The best and main solution to the volatility of the crypto market is real world adoption. There are alot of cryptocurrency project that are very good and innovative but are not yet adopted that people outside the crypto space (which is a few percentage of the world economy), therefore there value is subjected to the market changes. But if they get adopted by the real world and there token value is based on the real economy (i.e daily usage by people) then the value would be on the increase regardless of whether the market is bullish or bearish.

I do like the idea of world adoption. If more countries would adopt cryptocurrencies, there will be higher market volume and also, the community of investors and users which would positively affect the market behavior of course. The problem in this case arise from the trust issues of the governments with regards to market volatility which is the main issue why some countries are not adopting the concept of crypto. Hoping that someday things would be fine, because we cannot force things to be in favor to us, especially at this moment that cryptomarket is facing issues.