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Author Topic: What does the future holds for crypto?  (Read 1038 times)
virasisog
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September 01, 2019, 02:49:02 PM
 #61

What does the future holds for cryptocurrencies?
1) Will more countries start adopting crypto?
2) Will bitcoin hits a new all time high just like many predicted?the owner of snapchat predicted that by 2030 bitcoin will hit 500k,too good to be true?
3)What about the Government agencies?will they have no choice left but to fully embrace the technology?
4)What will be the fate of banking and financial industries?

1. for sure its inevitable in the long run more people will gonna have to use crypto not just an investment but on a daily basis
   and when that happens 2. apparently major adoption will cause the price to soar and possibly a new ATH.
3. Well i am not sure if i want that to happen though i dont want any regulations on crypto
4. they should adjust so they will not fade.
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September 01, 2019, 06:59:57 PM
 #62

1.Yes.Many country start to adapt the cryptocurrency and people start to inverse on Cryptocurrency too.
2.Bitcoin will some decent raise on price in 2030.
3.It's not a immediate process, Government will adapt in a short period.
4.Banking may be replaced by Crypto in future.

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September 01, 2019, 07:25:55 PM
 #63

From some of your questions, I am interested in responding to number 3. It's interesting enough because you're discussing Bitcoin and the government. The government is still doing research on Bitcoin or crypto. They only prohibit Bitcoin from being used as a means of payment, as the country has a valid currency.

Bitcoin cannot be parked and the price is controlled by everyone. But I think positively that with the government still doing the review. So still have the chance that the government can embrace crypto.
The government that is really fighting this use of bitcoin as currency more is the government of the United State because they are simply just trying to protect their own dollar and many countries are playing into their cart also. Right now, they are making people to see bitcoin as a commodity meanwhile bitcoin is much more than a commodity and we really need it to be used as currency.

I understand the fear of government, but they can still control and regulate bitcoin to their own favor if they really want to abide by what many of their citizens want. If they don’t agree, people will simply just find a way around it, because we have had so many countries right now that has placed a ban on bitcoin but yet, their citizens still use it at the comfort of their homes.
LoveStory
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September 01, 2019, 11:18:17 PM
 #64

What does the future holds for cryptocurrencies?
1) Will more countries start adopting crypto?
2) Will bitcoin hits a new all time high just like many predicted?the owner of snapchat predicted that by 2030 bitcoin will hit 500k,too good to be true?
3)What about the Government agencies?will they have no choice left but to fully embrace the technology?
4)What will be the fate of banking and financial industries?

Many countries are starting to assess cryptocurrencies, so there will be many countries trying to adopt.
Actually this Cryptocurrency can be very profitable for the government if they are able to manage it because they can earn income through taxes from crypto income.
For banking can start inviting to cooperate and as long as Bitcoin is not made for the payment tool, I think it will not negatively impact.
The future of Crypto will continue to evolve as the industry is accessible to everyone.

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September 02, 2019, 01:24:28 PM
 #65

for the future I think there is no asset that is more convincing to us to have than bitcoin. not all countries legalize crypto but I think all countries also consider that bitcoin is a crypto that has very good value for investment and as a good market for global trade in the future.
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September 02, 2019, 02:45:26 PM
 #66

The future of Cryptocurrency is of course very good, but during the development of Cryptocurrency there are several obstacles.  Like government regulations and bad news about Cryptocurrency.
The unstable value of Crypto is the main obstacle Cryptocurrency is able to become a digital currency accepted by various countries.
But I believe that more and more countries will make Cryptocurrency a legal payment tool.  I also believe that when Bitcoin supplies get less, the price of Bitcoin will really be very high because there will be many people looking for it.
And when the time has come for Bitcoin to be accepted by many countries, this will really affect the banking agency because many people have moved to Cryptocurrency.  But the banking body will not die, because people still need it.

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September 02, 2019, 05:41:21 PM
 #67

The future of Cryptocurrency is of course very good, but during the development of Cryptocurrency there are several obstacles.  Like government regulations and bad news about Cryptocurrency.
The unstable value of Crypto is the main obstacle Cryptocurrency is able to become a digital currency accepted by various countries.
But I believe that more and more countries will make Cryptocurrency a legal payment tool.  I also believe that when Bitcoin supplies get less, the price of Bitcoin will really be very high because there will be many people looking for it.
And when the time has come for Bitcoin to be accepted by many countries, this will really affect the banking agency because many people have moved to Cryptocurrency.  But the banking body will not die, because people still need it.
First you need to ensure the reliability and insurance claims associated with the theft or loss of Bitcoin. I think that we need to wait for the insurance sector to appear on the cryptocurrency market.

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alrose
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September 02, 2019, 08:42:24 PM
 #68

What does the future holds for cryptocurrencies?
1) Will more countries start adopting crypto?
What do we see now?Most countries have not started to fully use cryptocurrencies.In the future, I think cryptocurrency will be every inhabitant of our planet.In 10 years, someone will confirm my post that I wrote. Cool

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UstadSoleh
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September 03, 2019, 03:28:04 AM
 #69

What does the future holds for cryptocurrencies?
1) Will more countries start adopting crypto?
2) Will bitcoin hits a new all time high just like many predicted?the owner of snapchat predicted that by 2030 bitcoin will hit 500k,too good to be true?
3)What about the Government agencies?will they have no choice left but to fully embrace the technology?
4)What will be the fate of banking and financial industries?

Regarding the future of Crypto, I think it is worth it for us to review. I'll look at Crypto past, which previously not many people are interested in this industry. But with the advancement of Crypto development getting better and Bitcoin is increasingly popular because the selling value can be very high in pumping. And the peak of the Crypto victory was at 2017, but in the year 2018 crypto slowly dropped.

So my mind is looking for a lot of coins through the ICO project, IEO and STO. Because of my expectation, crypto can start to grow in the year 2020.

I was a little told about Crypto from what I had been through. I see that cryptocurrencies still have great potential to regain success.

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September 03, 2019, 01:13:09 PM
 #70

What does the future holds for cryptocurrencies?
1) Will more countries start adopting crypto?
2) Will bitcoin hits a new all time high just like many predicted?the owner of snapchat predicted that by 2030 bitcoin will hit 500k,too good to be true?
3)What about the Government agencies?will they have no choice left but to fully embrace the technology?
4)What will be the fate of banking and financial industries?
maybe the future of crypto will be very good if many countries start adopting crypto, now the potential for bitcoin is back to its best position. if bitcoin can come back up high it might make bitcoin go higher and make crypto more in the best position.

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September 03, 2019, 02:20:48 PM
 #71

maybe the future of crypto will be very good if many countries start adopting crypto, now the potential for bitcoin is back to its best position. if bitcoin can come back up high it might make bitcoin go higher and make crypto more in the best position.

which is seen not only bitcoin buddy, try to see the overall market capabilities. we always assume to be able to make predictions of market growth quickly. but such circumstances cannot occur and are made in a short time. the future of crypto in the future I honestly can't see it and don't know what will happen to crypto in the next 5-10 years.
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September 03, 2019, 02:33:20 PM
 #72

What does the future holds for cryptocurrencies?
1) Will more countries start adopting crypto?
2) Will bitcoin hits a new all time high just like many predicted?the owner of snapchat predicted that by 2030 bitcoin will hit 500k,too good to be true?
3)What about the Government agencies?will they have no choice left but to fully embrace the technology?
4)What will be the fate of banking and financial industries?

For Question1 & 3. Definitely more countries will adopt crypto currency but more of this depend on the report about crypto currency per time. If scams, internet fraud, hackers are not working again it, it will be more trusted and welcomed.
Question 2. It actually looks too good to be true indeed.
Question 4. Banks in the future will have very little effect. But financial industries will still be needed for transactions
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September 04, 2019, 07:47:11 AM
 #73

What does the future holds for cryptocurrencies?
1) Will more countries start adopting crypto?

I am questing little differently: Will crypto adoption make any positive difference? May this crypto financial maze be even worse?
But anyway, separation of state and money is worth to try.
And I think that there will be power struggle before crypto mainstream adoption.
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September 04, 2019, 08:17:22 AM
 #74

I believe there is a possibility of separation. The market is separate, and blockchain as a technology is also separate. This option should not be excluded.

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September 04, 2019, 08:42:20 AM
 #75

What does the future holds for cryptocurrencies?
1) Will more countries start adopting crypto?

I am questing little differently: Will crypto adoption make any positive difference? May this crypto financial maze be even worse?
But anyway, separation of state and money is worth to try.
And I think that there will be power struggle before crypto mainstream adoption.
There is, actually we already feel the struggle because the market is going to be centralized with government regulation.
If we will not accept that reality, we will always feel that the government are doing actions not in favor to crypto which we are suppose to enjoy anonymity that is why it's decentralized which is separate from the current system the world is using.

We can't escape the reality that as crypto continues to be popular, the more the government are looking into it, and no government would allow to adopt in crypto norms, it should be crypto that will adopt with the government centralized norms, so they can continue to monitor us people.

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September 04, 2019, 11:20:12 AM
 #76

What does the future holds for cryptocurrencies?
1) Will more countries start adopting crypto?
2) Will bitcoin hits a new all time high just like many predicted?the owner of snapchat predicted that by 2030 bitcoin will hit 500k,too good to be true?
3)What about the Government agencies?will they have no choice left but to fully embrace the technology?
4)What will be the fate of banking and financial industries?

1) Absolutely yes.
2) According to regression models in 3 years, BTC is going to worth more than 100k (500k couls possible in 10 years of course)
3) Adaptation is the only way for the government agencies
4) Banking and financial industries also must adapt to this new technology.
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September 04, 2019, 12:44:36 PM
 #77

I don't think bitcoin can rise at such a high price. You should know that, since the bubble burst last year, investors have been more careful in pushing the price of bitcoin.
as you see, 1 month ago, when the price of Bitcoin increased to $ 13k, investors were more careful and not fomo again, they quickly sold off and caused the price to drop sharply.
This will last for a long time and the market will only fluctuate in small price areas.

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September 04, 2019, 01:24:59 PM
 #78

What does the future holds for cryptocurrencies?
1) Will more countries start adopting crypto?
2) Will bitcoin hits a new all time high just like many predicted?the owner of snapchat predicted that by 2030 bitcoin will hit 500k,too good to be true?
3)What about the Government agencies?will they have no choice left but to fully embrace the technology?
4)What will be the fate of banking and financial industries?

Bitcoin's performance has made a huge impact on Bitcoin users. Even suspected every country is proud if many people do Crypto trading. The impact that Bitcoin provides can generally reduce unemployment and improve the economy.

It's time business is developed better and each country can provide a facility for crypto users. I have been in this business always convinced by this industry has a good future.

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September 04, 2019, 04:00:24 PM
 #79

the future of crypto depends on how market conditions are and how the conditions of buying and selling movements are on the market. if the market provides good conditions I think it might be better for the future of crypto
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September 04, 2019, 04:12:53 PM
 #80

the future of crypto depends on how market conditions are and how the conditions of buying and selling movements are on the market. if the market provides good conditions I think it might be better for the future of crypto
the current state of the market is not very good, but I don't know how it will happen in the future. it's hard to predict, because what I know is that this market is full of surprises, and I'm just following how the market gave me that surprise.

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