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Author Topic: No matter how hard you look at crypto,there is lots of improvements so far  (Read 268 times)
Argoo
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September 02, 2019, 06:13:06 PM
 #21

The crypto market has unquestionably had its high points and low points yet has thrived in the previous couple of years. Unfathomable statures and lows were achieved in 2018 and numerous new digital
Currencies were presented by new developers, associations and companies and banks too, Altcoins in any case are growingly quickly and it won't be long before a new genuine contender for bitcoin status comes around,Btc certainties would be dull without altcoins.Do you agree or disagree?
Of course, you are completely right. Thanks to altcoins, cryptocurrency is developing very quickly now and thanks to them, people are relatively quick to join it. Bitcoin and other general-purpose coins mainly perform the functions of accumulation and means of payment, while tokens, for example, perform, in addition, still very diverse narrow useful functions. The cryptocurrency will mainly develop due to altcoins, especially since bitcoin has very big problems with improvement and, in particular, with scaling.

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September 30, 2019, 03:46:12 PM
 #22

I don't think people are getting interested in to the new altcoins altcoins created by the developers that is the reason why people are moving to Bitcoin for the dominance of Bitcoin is at 70 percentage now. I guess we need altcoins as well but not new cryptocurrencies every day which nullify the need of cryptocurrencies in the form of payment system.
Depending on what new Altcoin they are developing. If supported or developed by parties who have high credibility, it will be easily accepted and successful as a newcomer. For example like Facebook which will launch Libra in 2020. The new Altcoin is constantly popping up but lacks clarity in the future and its usefulness for the real world.

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vanya.pronin.1983
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October 01, 2019, 05:38:22 PM
 #23

Blockchain and crypto currencies are here to stay, there will be always enough space for improvements. But the fact that less than 30 percent of all coins have a working product, makes me be very pessimistic about the markets future.
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October 01, 2019, 07:56:50 PM
 #24

The crypto market has unquestionably had its high points and low points yet has thrived in the previous couple of years. Unfathomable statures and lows were achieved in 2018 and numerous new digital
Currencies were presented by new developers, associations and companies and banks too, Altcoins in any case are growingly quickly and it won't be long before a new genuine contender for bitcoin status comes around,Btc certainties would be dull without altcoins.Do you agree or disagree?
I agree with you to an extent because there are things which I don't agree with too. First, there have been major Improvements in the crypto space so far, ranging from different platforms adopting crypto to different technology giants adopting blockchain so as to be in line with what the future holds. However, you made mention of Bitcoin contender, I do not think that will be possible because many have tried and failed. Till date, Bitcoin remains the complete decentralized blockchain and have proved its worth over time thus the reason Institutional investors are going for it on daily basis; but same can't be said about altcoins.

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October 01, 2019, 08:09:22 PM
 #25

The crypto market has unquestionably had its high points and low points yet has thrived in the previous couple of years. Unfathomable statures and lows were achieved in 2018 and numerous new digital
Currencies were presented by new developers, associations and companies and banks too, Altcoins in any case are growingly quickly and it won't be long before a new genuine contender for bitcoin status comes around,Btc certainties would be dull without altcoins.Do you agree or disagree?
There is no disagreement with that fact,"we need altcoins as well" but everyday new altcoins popping up really makes the situation more worse and people also will get more confuse and go with bitcoin alone.

Bitcoin had lot of criticism in the past and still having so its not a big deal while that bitcoin start making its own way to enter into the world economical structure as a main part.
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October 01, 2019, 08:19:28 PM
 #26

The recent developments are into the wide adoption into Africa and cryptocurrency products that caters for those in the region. The long awaited institutional investment has started, though it looks to start with price dump but can provide a long term benefit for the overall space. We have fewer cryptocurrency maximalist in the news because of the bad influence of large number of them in the ICO season, SEC is after a lot of them.

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October 01, 2019, 08:28:40 PM
 #27

Yes, Yes. I totally agree with that. Many people just like to look at where it is today and forget that it has been a long journey thus far. We cannot but admit to the fact that there has been a whole lot of improvements. We see mass adoption of the systems, and we think it  is just by coincidence? No, it is because even people that have not been a part of it are seeing the growth and improvements from a distance. It has not been smooth, but it definitely has been a progressive journey.

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October 01, 2019, 08:55:13 PM
 #28

That's true, you are right there have been many good improvements so far. Many platforms are coming up to adopt blockchain into their services of which one is Samsung and with this lead, can set other platforms into motion. Furthermore, irrespective of the fact that bitcoin is dominating this either space it still needs other Innovative altcoins such as ETH in order to create a crypto space that will accommodate all and sundry.

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October 01, 2019, 09:54:38 PM
 #29

What kind of repairs do you mean? Altcoin? market situation? or bitcoin?
Yes ....
1. It seems that altcoin has lost its value in early 2018 until 2019, the possibility of recovery for the altcoin market will take a long time.

2. Market situation is unpredictable and the price of coins depends on demand and supply in the market, but it seems that many people are desperate to see a market situation like this.

3. bitcoin is one of the big potential coins, I observed that only bitcoin has a good price increase at the beginning of this year, bitcoin still dominates the crypto market and there will be no altcoin capable of taking over bitcoin in this market.
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October 01, 2019, 10:10:25 PM
 #30

i really hope that you are right
sometimes it feels like that, and some times it feels worse
for example the upcoming Libra project, and many other upcoming projects that coinbase want to list
why the heck they do that
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October 02, 2019, 12:26:17 AM
 #31

we have seen altcoin during 2018 decline, and most of them lost money because of investments in new altcoin projects, altcoin has no positive impact on the current market rise and it is worth noting that altcoin will never be able to rival bitcoin.

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October 02, 2019, 12:58:32 AM
 #32

Blockchain and crypto currencies are here to stay, there will be always enough space for improvements. But the fact that less than 30 percent of all coins have a working product, makes me be very pessimistic about the markets future.
For now, yes. There's a lot of bad projects that surround the market. But anyhow, blockchain technology will be adopted and be available in any venue of business. There are many people who are interested to participate but still waiting for more updates and offers from the market. The future ahead of us is still fine. It needs to get more involvement and you'll see the outcome after.
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October 02, 2019, 01:46:41 AM
 #33

we have seen altcoin during 2018 decline, and most of them lost money because of investments in new altcoin projects, altcoin has no positive impact on the current market rise and it is worth noting that altcoin will never be able to rival bitcoin.

How can you say that? Just because bitcoin started it all, doesn't mean no altcoin can surpass it in the future. You never know what will happened 5 to 10 years from now. Yes altcoins have same concept with most pioneered projects and the system now is different but still dont give any bold statement yet.

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October 13, 2019, 02:37:44 PM
 #34

Cryptocurrency made a good progress, as we are nowhere near the dead end. It keeps growing and updating, it's adjusting itself to this world.

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October 13, 2019, 02:45:44 PM
 #35

The crypto market has unquestionably had its high points and low points yet has thrived in the previous couple of years. Unfathomable statures and lows were achieved in 2018 and numerous new digital
Currencies were presented by new developers, associations and companies and banks too, Altcoins in any case are growingly quickly and it won't be long before a new genuine contender for bitcoin status comes around,Btc certainties would be dull without altcoins.Do you agree or disagree?

Indeed, many banks and many establishments have adapted the use of cryptocurrency. Some even created their own and become useful in the market. Market competition will be dull of course if there are few players in the board. Though there are issues and the reputation of altcoins was stained, the expansion and development of crypto industry will continue to flourish in the next years.

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October 14, 2019, 03:37:00 AM
 #36

There certainly is, which is why I'm personally kind of baffled by the amount of bearish sentiment that there is within the market. There has been numerous improvements in a lot of blockchains with developments such as LN, and ETH 2.0 that apparently will bring scalability. Yet people seem not to be focused on these fundamental developments.

There should only be a matter of time before markets pick up these signals, though.

This is why short term movements doesn't necessarily reflect what the long term potential of something is, to put it simply.
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