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Author Topic: Mass adoption growing or decreasing?  (Read 1645 times)
carlisle1
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October 01, 2019, 09:11:18 PM
 #161

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?
There’s no need for experts to answer your question,you have already said having following crypto 10 years of presence so with that the idea of how huge the market crossed for that long is indeed and so why ask for what will happen in the next 10 years?
 Yes perhaps volatility is sitting here to tell how healthy the market is and pushing the price ups and down but in totality we are continuously growing and with you 10 year question better wait a little more for you to understand what cryptocurrency is all about and what can bring to the humanities in future
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October 01, 2019, 09:18:35 PM
 #162

Well in terms of Bitcoin, just look at the yearly lows. It just keeps increasing. That might not be the reason for adoption, but clearly there is demand. Speculative demand, is still demand...until people stop speculating.
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October 01, 2019, 09:22:12 PM
 #163

mass adoption is not going well but even so we do not assume that mass adoption is growing or declining, on the other hand we have benefited from the cryptocurrency market and even without mass adoption i think this industry can still continue to grow from time to time

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October 02, 2019, 05:10:37 PM
 #164

mass adoption is not going well but even so we do not assume that mass adoption is growing or declining, on the other hand we have benefited from the cryptocurrency market and even without mass adoption i think this industry can still continue to grow from time to time

I think, I can't agree with that. Because the world of blockchain and cryptocurrencies are making quite big strides for mass adaptation. These include Zcoin, Contentos, EOS and many more projects. These are the first projects I can think of. In addition, technology giants such as Amazon, IBM and Wallmart have already started to use blockchain technology in their supply chain.

If we say mass adaptation isn't happening, we're probably not following the news closely.
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October 02, 2019, 05:37:27 PM
 #165


I think, I can't agree with that. Because the world of blockchain and cryptocurrencies are making quite big strides for mass adaptation. These include Zcoin, Contentos, EOS and many more projects. These are the first projects I can think of. In addition, technology giants such as Amazon, IBM and Wallmart have already started to use blockchain technology in their supply chain.

If we say mass adaptation isn't happening, we're probably not following the news closely.
Many companies are starting to accept the idea of ​​cryptocurrency in their companies, we know that in recent years many companies have benefited from the speed of the blockchain in conducting transactions, so, I think there is a still a long way to go before full adoption can be achieved, because it will make many companies benefit if adopting a blockchain system. Despite the fluctuating price movements of cryptocurrency, all the evidence shows that people prefer digital currencies at now rather than having to carry a certain amount of cash, and I think this is the reason if crypto will take the lead.

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October 03, 2019, 02:48:21 AM
 #166

Mass adoption of cryptocurrency was growing fast in 2017 - 2018, but not today.
Im not saying it is decreasing, but it is still growing but slow. There must be many successful crypto project so the adoption of crypto can grow faster.

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October 03, 2019, 04:05:03 AM
 #167

Comparing the adoption of cryptocurrency to the previous years, it is apparent that the cryptocurrency world has increased and adoption has increased in accordance. The emergence of new projects taking place in Africa, Asia, Europe, America etc tells how far cryptocurrency has gone. Mass adoption is gradually being achieved.

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October 03, 2019, 04:11:03 AM
 #168

I think mass adoption of cryptocurrency is gradually increasing because big companies, businesses as well as government are being interested and exploring block chain technologies. We can see Facebook is currently introducing their own coin and others will follow for sure.

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October 03, 2019, 04:16:08 AM
 #169

Mass adoption of cryptocurrency was growing fast in 2017 - 2018, but not today.
Im not saying it is decreasing, but it is still growing but slow. There must be many successful crypto project so the adoption of crypto can grow faster.
It's as if the cryptocurrency has reached its peak of capability to be adopted by the masses. It's because of succesful crypto project a cryptocurrency will get adopted but because its usefulness. I hardly see even any project that raises tremendous amount of money being adopted by the masses or even being used as payment method let alone replacing the traditional money. But, bitcoin as I've seen has been adopted but not exactly everywhere though. Most of the time when I'm trying to buy stuff from a small company they usually accept BTC but the major company are refusing to accept BTC because maybe the regulation forced them not to. The fact that lately the price fluctiation have become more wild could maybe make people remove crypto from their plan of adopting it or even applicating it into their company system.

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October 03, 2019, 04:44:02 AM
 #170

In general, the current trend of mass adaptation is going in a positive direction. There are more and more opportunities for the purchase and sale of cryptocurrencies. More and more ATMs and services that accept cryptocurrency payments. However, people themselves want to use cryptocurrency much less than in the same 2017, because it hardly grows (in the short-term framework), but it falls well in price, in particular, altcoins.

Prices go down because there is not that much demand for the coin. invest in coins that have no ATM's and is promoting coins.

 
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October 03, 2019, 04:47:35 AM
 #171

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?

There has and there currently is a large scale mass adoption of blockchain and cryptocurrency. In my opinion it isn't necessarily the kind of adoption that is beneficial to the key ideologies that Bitcoin was built on. These new projects that are bringing crypto to the masses are largely focused on centralization and they all are either adhering to or trying to redefine the legal frameworks set out by their countries.

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October 03, 2019, 05:38:42 AM
 #172

For me I would say the adoption rate has stall, in my country virtually everyone I know that are in this space are those in the space before the 2018 bear market, people got hurt and are scared of investing into the space again. It is better to grow slow and steady and build a strong foundation than to grow fast stumble and grow fast again because the negative news from the MSM also is not helping in any way

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October 03, 2019, 06:54:53 AM
 #173

Mass adoption is growing be it in blockchain or cryptocurrency. Blockchain is becoming a disruptive technology which has the potential of disrupting many sectors. On the other hand, awareness and adoption of decentralized cryptocurrency is in increasing phase. It is increasing with an approximate rate of 12% which is another good sign. the growth is organic.
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October 03, 2019, 07:18:20 AM
 #174

Mass adoption is neither growing nor decreasing. It is still in a state of confusion. Although authorities seem to be positive about cryptocurrency, they are in a confusion whether to fully adopt cryptocurrency or not. Lets hope they will take concrete decisions in this regard in the days to come.

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October 03, 2019, 07:26:07 AM
 #175

well, I haven't seen any huge crypto mass adoption... this would only happen when/if crypto would be used by a good percentage of global population
nevertheless, there has been a huge increase in awareness and some bold steps towards adoption like payments acceptance, BTC ATMs, etc... so adoption is growing, but it is not mass adoption ...
Coins like facebook coin or China coin, will definitely increase adoption, but will endanger the existing cryptos due to the higher volume

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October 03, 2019, 08:20:53 AM
 #176

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?
If you are asking for Crypto and Bitcoin adoption, well certainly yes it is absolutely growing. There are bigger companies accepted the digital currency to their business, just like Samsung, iPhone, Starbucks, and other merchants over the entire world now. Then, it will grow more for sure in the near future.
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October 03, 2019, 10:26:34 PM
 #177

To be honest, there is no increase in Mass adoption especially in this environment. It's more or less like a decrease. 2017 bull market brought in massive number of crypto adopters and in the same manner 2018 bear market took all back leaving the space with the same figure as it was before 2017. 2018 was brutal and only the diehard crypto enthusiasts are left trying to stay afloat. People are not ready to get back in and people already in are not willing to bring in people for the fear of what damage the uncertainty in the market can cause to new adopters.

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October 03, 2019, 10:44:10 PM
 #178

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?
Of course and definitely, you can check the number of websites created for Bitcoin and you can check the number of times Bitcoin and cryptocurrency have been searched, and on top of it all the price that we had right now compared to what we had ten years ago.
Now people cannot just ask what is Bitcoin because they have heard or read one time or another
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October 04, 2019, 12:23:31 AM
 #179

Mass adoption is growing. With the recent government interest and intervention, people have come to know what cryptocurrency is also Facebook Libra enlightened people about cryptocurrency. Sooner than we thought others will join.
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October 04, 2019, 01:34:48 AM
 #180

Bitcoin?? It is but in a slow pace. Different establishments around the world are starting to accept cryptocurrencies and Bitcoin is one of them.
Altcoin?? I don't think so. No further explanation regarding this.
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