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Author Topic: Mass adoption growing or decreasing?  (Read 1585 times)
doomloop
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October 05, 2019, 03:37:04 AM
 #201

Following 10 years of presence, the subject of whether the mass reception of digital currency has been begun is still bantered in the space. I would like to ask specialists in the crypto and blockchain businesses is there or have there be any huge crypto mass adoption compare to 10years ago?

Tell me, how many services accepted cryptocurrency for payment at least 5 years ago? Very little. What time is it now? Not all but many, and the trend is inexorably moving towards the fact that everyone will accept cryptocurrency in the future. Large giants are now creating their own digital currencies, you are entering the era of digital money, which means that mass adaptation is already hanging in the air and knocking on our windows.
I am also of the opinion that with the passage of time, crypto currencies will become the trend. Big changes require big time to get accepted. Those people who do not resist such revolutions also get benefit from their timely decision. NO one can deny the fact that these coins have got acceptance and now they are more recognizable compare o years ago. The future of money belongs to crypto currencies.

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October 08, 2019, 02:35:57 PM
 #202

Bitcoin mass adoption is continuously growing which is started on its first day of creation. Recently Donald Trump tweeted about Bitcoin. But if you ask him about altcoins, he can't answer you. That's the growth of Bitcoin in these 10 years. But still, bitcoin needs a lot to go forward to see the real mass adoption when the majority of people will use cryptocurrency in their daily life. Altcoins big mass adoption won't happen real soon. I think ETH, BNB will be the first coins that would get massive mass adoption.

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October 10, 2019, 05:00:48 PM
 #203

Steps to mass adoptions have been taken ages ago. The question is, whether it's going to be btc or some alternative coin.
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October 10, 2019, 10:04:05 PM
 #204

Following 10 years of presence, the subject of whether the mass reception of digital currency has been begun is still bantered in the space. I would like to ask specialists in the crypto and blockchain businesses is there or have there be any huge crypto mass adoption compare to 10years ago?

Tell me, how many services accepted cryptocurrency for payment at least 5 years ago? Very little. What time is it now? Not all but many, and the trend is inexorably moving towards the fact that everyone will accept cryptocurrency in the future. Large giants are now creating their own digital currencies, you are entering the era of digital money, which means that mass adaptation is already hanging in the air and knocking on our windows.
I am also of the opinion that with the passage of time, crypto currencies will become the trend. Big changes require big time to get accepted. Those people who do not resist such revolutions also get benefit from their timely decision. NO one can deny the fact that these coins have got acceptance and now they are more recognizable compare o years ago. The future of money belongs to crypto currencies.

It's going to be bitcoin only as much as i know bitcoin  had achieved really a great place in crypto world people are ready to invest in bitcoin the most, as it’s best crypto and first one. It has now achieved huge price gain from beginning till now it remain no. one and still even now.

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October 10, 2019, 10:09:58 PM
 #205

If we look at crypto critically, we can agree that adoption is increasing but it's nowhere near mass adoption. The recent bear run has slowed down crypto adoption, I believe a number of people in different quarters are critical of crypto's long term future and as a result holding off from fully adopting it.

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October 10, 2019, 10:16:11 PM
 #206

Mass adoption for Bitcoin is growing day by day as more news keeps popping on different well-known media outlets that led more people to be aware of it but for the other cryptocurrency or altcoins the process of adoption is a bit slow. Different companies are now integrating the same technology that Bitcoin has but they don't totally acknowledge Bitcoin yet even though I strongly believe that sooner or later cryptocurrency will be just a normal currency for our daily financial needs.

 
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October 10, 2019, 11:18:35 PM
 #207

The previous mass adoption of bitcoin took place with Japan. After the same there is not much of such a level of adoption, there is more global adoption taking place in a random manner. After Japan no countries came forward and revealed official statement on adoption. There is increasing adoption, and the same is taking place here and there. It requires time, and the userbase it has reached without any form of advertising in such a short time period is really a big achievement. This will boost up the usage, at times there will be lacking of the same due to the market situations.
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October 11, 2019, 12:46:31 AM
 #208

Mass adoption for Bitcoin is growing fore sure as we can clearly see that even the mass medias started again to write and publish about Bitcoin, businesses are engaging into blockchain tech , foundations started to accept bitcoin and so on , so we are clearly in a positive climb when we talk about adoption.

On the other hand , speaking about altcoins I don't think we are in the adoption phase so mass adoption is not even closer , we still have a long walk until altcoins will face mass adoptions.

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October 11, 2019, 01:47:30 AM
 #209

Following 10 years of presence, the subject of whether the mass reception of digital currency has been begun is still bantered in the space. I would like to ask specialists in the crypto and blockchain businesses is there or have there be any huge crypto mass adoption compare to 10years ago?
I can see the big difference 10 years ago especially in the current price of bitcoin. The all-time high price of bitcoin will not reach if there is no massive adoption. We all know massive adoption is one of the thing that pressure the price to rise up. Massive adoption in bitcoin and in other cryptocurrenciea are still on going and I really want to know what would if all the people adopt cryptocurrencies. Maybe few more years all countries will have their cryptocurrencies that can be in the world market.

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October 11, 2019, 03:21:31 AM
 #210

of course if compared to ten years ago the mass adoption of bitcoin is rapidly increasing. this is proven by the increasing number of bitcoin ATMs and countries that legalize bitcoin as a means of payment. and even UNICEF now also accepts bitcoin donations. and for the adoption of blockchain technology is also growing. every year the number of companies, industries and governments that adopt blockchain technology is also increasing. this proves that bitcoin and blockchain technology are developing rapidly.

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October 11, 2019, 04:42:00 AM
 #211

If we'll look back to the previous situation of Bitcoin, we'll see how it really changed. There were lots of different adoptions and it's actually growing. Even huge online companies are now accepting Bitcoin. Universities, local networks, NGOs and different establishments are now accepting crypto which has a huge impact on the success of Bitcoin. There are Bitcoin ATMs being released as well. Bitcoin has gone so far and there will surely be lots of adoptions in the future.
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October 11, 2019, 06:43:54 AM
 #212

Well i think that mass adoptation of cryptocurrencies are growing i have seen it in my country the media is now covering bitcoin price movement, more bitcoin atms available and native exchanges are now expanding their availability to cash in these are now the improvements even the government has the support of bitcoin but with some restrictions since they are well aware that bitcoin can used as money laundering. That is a adoption of cryptocurrencies i've seen in my country
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October 11, 2019, 09:46:06 AM
 #213

Personally, I believe that over the past 10 years there has not been such a stir as the crypto industry appeared. And at the moment, the critical industry is developing and continues to amaze with its new technologies.
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October 11, 2019, 09:49:52 AM
 #214

The overall positive thoughts regarding the mass adoption of the crypto industry have a bias and the banking industry doesn't think in the same way we thought about this due to the expanding network. New startups prefer to start a crypto project because of the difficulties of the average projects in the countries which have strong regulations requirements.

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clickerz
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October 11, 2019, 10:01:25 AM
 #215

Well i think that mass adoptation of cryptocurrencies are growing i have seen it in my country the media is now covering bitcoin price movement, more bitcoin atms available and native exchanges are now expanding their availability to cash in these are now the improvements even the government has the support of bitcoin but with some restrictions since they are well aware that bitcoin can used as money laundering. That is a adoption of cryptocurrencies i've seen in my country

Same sentiments and observation here, its growing. Though it did not affects the price but may  institutions are accepting bitcoin. It tells us one thing, they see the benefit of this cryptocurrencies which even UNICEF is accepting bitcoin for donation. Sounds good right? Aside  from that, many companies across the globe are using bitcoin from taxi fare, to salary of employees and even in coffee shops.

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October 11, 2019, 05:38:32 PM
 #216

definitely growing then decrease.
if some projects / platforms are adopted on a large scale/mass adoption but not offset by the stability of the platform, well,people must be disappointment.
for example, just see ETH.
they got mass adoption on 2017,the smart contract is work excelent, but as time goes, people disapoint on their platfrom,lack of scalability.

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October 12, 2019, 07:01:10 AM
 #217

Well i think that mass adoptation of cryptocurrencies are growing i have seen it in my country the media is now covering bitcoin price movement, more bitcoin atms available and native exchanges are now expanding their availability to cash in these are now the improvements even the government has the support of bitcoin but with some restrictions since they are well aware that bitcoin can used as money laundering. That is a adoption of cryptocurrencies i've seen in my country

Same sentiments and observation here, its growing. Though it did not affects the price but may  institutions are accepting bitcoin. It tells us one thing, they see the benefit of this cryptocurrencies which even UNICEF is accepting bitcoin for donation. Sounds good right? Aside  from that, many companies across the globe are using bitcoin from taxi fare, to the salary of employees and even in coffee shops.

That's it, this is the mass adoption! Unicef is taking donations through Bitcoin means they know millions of people have these currencies, so, they can donate too. When other big companies would realize that if they accept Bitcoin payment in their shop/service then millions of more people can take their goods/services. And by this, those companies will be in a higher profit zone! That's how Bitcoin's mass adoption is growing very fastly.

Bitcoin is gonna hit 100K usd
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October 12, 2019, 03:35:12 PM
 #218

of course bitcoin has been adopted, we can see from the many merchandise, or payments through BTC, not only BTC even ALT has also been widely accepted in various countries.
and of course it will continue to develop over time.
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October 12, 2019, 04:49:23 PM
 #219

As time goes by it increases. There are more and more people are getting involved in crypto. Not to mention companies, establishments, financial institutions and countries that are starting to adopt crypto. It will naturally spread as time goes by, crypto will be massively used and some companies might be establishing their own coins using blockchain tech in their business.

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October 12, 2019, 06:03:18 PM
 #220

As time goes by it increases. There are more and more people are getting involved in crypto. Not to mention companies, establishments, financial institutions and countries that are starting to adopt crypto. It will naturally spread as time goes by, crypto will be massively used and some companies might be establishing their own coins using blockchain tech in their business.
the use of technology will only increase if it improves the technical ability of cryptocurrency. now cryptocurrency is not adapted for use by a large number of people

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