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Author Topic: Crypto Adoption Rate keeps getting better  (Read 338 times)
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September 01, 2019, 12:38:45 AM
 #21

It is really good news, Brazil is very kind to crypto. Cielo is the largest payment processing and in the future, every big company such as Cielo would consolidate their projects into the crypto world. The event will increase in the next years. For it happened, every country must be friendly with crypto. Unfortunately, it can not happen right now.
Brazil is indeed one of the big countries that supports crypto, but unfortunately not all cryptos are accepted there,
leaxcoin for example, leaxcoin get a little obstacle when going to expansion there, I don't know exactly what it is, but it affects the price in the market, you can see it on dobiexchange the price is very falling, because the initial price should be 1 USD.
but still if we look at the average rate of adoption of cryptocurrency throughout the world continues to grow.

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September 01, 2019, 04:18:37 AM
 #22

Cielo the largest payment processing provider in Brazil, has unveiled support for Bitcoin and cryptocurrency purchases on its point-of-sale (PoS) devices.You can read the full new at cointelegraph.com

https://cointelegraph.com/news/14-million-brazilian-point-of-sale-devices-to-support-crypto-payments/amp

Hopefully crypto mass adoption will keep moving up as expected,this is the only way forward for crypto existence in the future

That's good news but this is only for the top coins in the market, a forward move for Bitcoin and other coins, they've supported, here in our country our local exchanges and payment processing provider can only accept 5 Cryptocurrency.

The top cryptocurrency in the market is now moving to have a big gap over the other coins in the market, I have this feeling that we don't need more coins in the market because of these companies and payment processing provider will only go for the top coins in the market.

3 or 4 years from now we'll seldom see new coin in the market because of the huge gap in the dominance of these top coins.

I believe what you say will happen if you see the current market is too striking difference between altcoin and bitcoin on the market today.

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September 01, 2019, 04:23:20 AM
 #23

I believe what you say will happen if you see the current market is too striking difference between altcoin and bitcoin on the market today.

The adoption should be related to the increase in incoming investment or only investors who rotate their money on some assets in the market. if there should be an increasing adoption of crypto it will be offset by price increases in the market, and now that is not the case.

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September 01, 2019, 04:46:43 AM
 #24

Cielo the largest payment processing provider in Brazil, has unveiled support for Bitcoin and cryptocurrency purchases on its point-of-sale (PoS) devices.You can read the full new at cointelegraph.com

https://cointelegraph.com/news/14-million-brazilian-point-of-sale-devices-to-support-crypto-payments/amp

Hopefully crypto mass adoption will keep moving up as expected,this is the only way forward for crypto existence in the future
When the fiat money getting move to digital currency I mean there is some innovation such as online shop who accept the payment with digital fiat currency then I think cryptocurrency is really deserve to be accepted as well. Even, that is the new innovation from some merchant who will aplicating the cryptocurrency can be use for such thing. I know Brazil is the most country that opens up the using of cryptocurrency recently. This is will make some countries who have a problem to ban cryptocurrency on their countries and will try to accept them although for the first step they will accept them as an asset. Sooner mass adoption will come to cryptocurrency IMO.
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September 01, 2019, 06:16:51 AM
 #25

It is, but slowly.
Before, I got friends that doesnt even know a thing about crypto currencies. Now, some of them are already speaking about bitcoin, ethereum and Zcash.
I guess like out of my 10 friends, 4 of us already know about it.
That is something else for me. Before it is only me who knows about it and didnt even shared it to anyone. Now, I can freely talk about it with some beers and chips.  Grin
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September 01, 2019, 06:25:36 AM
 #26

many new countries are supporting and even starting to take part in this market, they are very enthusiastic about crypto and I think the decision they made early on is very good because I am sure in the future the digital era will be more advanced and the crypto world will be growing rapidly.
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September 01, 2019, 06:52:18 AM
 #27

many new countries are supporting and even starting to take part in this market, they are very enthusiastic about crypto and I think the decision they made early on is very good because I am sure in the future the digital era will be more advanced and the crypto world will be growing rapidly.

It's definitely growing but the at the rate that we wanted to. I mean by this time we should have witnessed  online market accepting crypto but up to this point it looks like it will take years before we can see that. Although there are a lot of projects, companies and cooperations behind, it's not enough to push crypto to the masses, when I say that I mean average joe's around the world.

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September 01, 2019, 07:24:54 AM
 #28

We all know that crypto adoption rate are now getting better, I think the reason of this is the power of marketing using social media. Even  the news or issue are positive or negative people will become curius and interested about crypto. And now that many merchant are accepting crypto this is also a big factor in increasing number of crypto adoption.
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September 01, 2019, 08:19:05 AM
 #29

If crypto/blockchain is able to solve societal problems, no matter the forces involved in frustrating its advancement, the masses will always device means for adoption. And I think more adoption is the best way for crypto to grow.
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September 01, 2019, 08:46:26 AM
 #30

I could say that brazil is an influential country and this just another huge accomplishment for bitcoin and for the community. That country is home for tourist destination so if those businesses applied bitcoin payments to them, they will be exposed to bitcoin on a much larger scale and eventually, one of those foreigners could be enterpreneur and apply btc and other crypto payments as well.
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September 01, 2019, 09:54:02 AM
 #31

Cielo is really smart to support Bitcoin transactions with fiat money. Because the demand for buying and selling Bitcoin is now very high, one day the transaction volume fluctuates around $ 11 billion and the service fee will undoubtedly be very high.
and I'm really happy that Cielo has been involved in supporting crypto trading, which will bring even more investors in Brazil to the crypto market.

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September 01, 2019, 09:54:38 AM
 #32

The adoption of cryptocurrency has already taken place in several countries in the world, although there are obstacles in terms of adopting the crypto itself, one of the countries whose economy and politics is unstable they have shifted to the crypto world rather than property to safeguard their assets in the future, parties authorities also fully understand that cryptocurrency is a good future

Brazil is a developing country, I think developing countries must dare to take popular policies like Brazil by using Cielo in adopting cryptocurrency, developing countries like Indonesia, Vietnam, Pakistan and other countries, can follow Brazil's footsteps, because if developing countries adopt cryptocurrency, then the pattern world financial movements will change due to the effect of cryptocurrency

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September 02, 2019, 03:05:43 AM
 #33

With more adoption from many countries will help the cryptocurrency spreads better than a few years ago. People will have interest in cryptocurrency, and they will join us in the crypto world. That will give them more chance to have another source of income from the cryptocurrency, especially if they can invest in the right project. I am sure that in the next year will be many more project like that in another country, especially from the country who are aware of the new technology that can help their people to make money.

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September 02, 2019, 03:45:41 AM
 #34

This is the type of news or moves which will keep the crypto space on the right track to massive attention. Irrespective of the bad words being said about the crypto space, many have seen the truth and many are getting involved because they believe in what the future holds. Blockchain has come to stay, and many platforms are already taking steps to keep a competitive advantage over others those who are still skeptical will only end up lossing on the long run.

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September 02, 2019, 04:46:51 AM
 #35

Another good step for mass adoption. Every good news is a strong sign that we are taking forward to the improvement and development of this blockchain technology preferably the payment options. Brazil took a good decision about this since Cielo (the largest payment  provider) announced the support for bitcoin transactions to upgrade from the traditional payment system. The said country is open for this kind of technology and been an early adopter since before.
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September 03, 2019, 02:19:38 PM
 #36

Another good development, first time that I would be hearing of cryptocurrency activities from Brazil and I am sure there are still some that we are yet to know outside Brazil which they didn’t put on media.

No wonder it is becoming more and more difficult for bitcoin to be banned because even the governments seems to be understanding better now the while idea of cryptocurrency and all they are doing right now is to fully study it to know where they can come in and how they can be able to regulate it.

If countries like Brazil with high level of technology too can agree to cryptocurrency, I see some other smaller countries around their region also doing the same, while we wait for some of these bigger countries Like US, china and India to follow some of their footstep.

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September 03, 2019, 02:34:12 PM
 #37

Cielo the largest payment processing provider in Brazil, has unveiled support for Bitcoin and cryptocurrency purchases on its point-of-sale (PoS) devices.You can read the full new at cointelegraph.com

https://cointelegraph.com/news/14-million-brazilian-point-of-sale-devices-to-support-crypto-payments/amp

Hopefully crypto mass adoption will keep moving up as expected,this is the only way forward for crypto existence in the future

It's a big step for Cryptocurrency and Bitcoin the gap is now going to be wide for altcoins that have no usage to the community, every time there is adoption for the top coins in the market, new altcoins will have a hard time pushing for volume and price.

It is better to invest in the top coins in the market and the majority of your portfolios should be in the top coins in the market, only allocate a small portion if you see a good coin, because it will take some time before they reach their potential.

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Polkadog - Multi-Chain Defi Meme


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September 03, 2019, 02:46:56 PM
 #38

It's a big step for Cryptocurrency and Bitcoin the gap is now going to be wide for altcoins that have no usage to the community, every time there is adoption for the top coins in the market, new altcoins will have a hard time pushing for volume and price.

It is better to invest in the top coins in the market and the majority of your portfolios should be in the top coins in the market, only allocate a small portion if you see a good coin, because it will take some time before they reach their potential.
yes, now the adoption is clearly increasing on the top coins, and for new coins it will be difficult to develop if a large adoption occurs on the top coins in the market.

New coins actually have a role to play in increasing trade but with a bit of renewal and a weak market it certainly won't last long.

EmmaBen
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September 03, 2019, 04:37:18 PM
 #39

No surprises. I still believe there is a lot to come from crypto and blockchain technology as a whole. With mainstream adoption to come and a whole lot of use cases to be introduced, I forsee full throttle in terms of cryptocurrency utilization. It is only a matter of time now.
laptrang01041993
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September 03, 2019, 04:42:41 PM
 #40

Cielo the largest payment processing provider in Brazil, has unveiled support for Bitcoin and cryptocurrency purchases on its point-of-sale (PoS) devices.You can read the full new at cointelegraph.com

https://cointelegraph.com/news/14-million-brazilian-point-of-sale-devices-to-support-crypto-payments/amp

Hopefully crypto mass adoption will keep moving up as expected,this is the only way forward for crypto existence in the future
This is good news, cryptocurrencies will be accepted in more countries. And after a while, cryptocurrencies were the main currency in the world
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