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Poll
Question: Which currency will dominate the crypto market?
USD, of course
USD, but maybe USDx better
DELETED
USD, but only from early 2020
USD, since 2010
USD
THE Just another USD as a crypto
Maybe USD
USD, sure
World Wire
The tokenized Oil by IBM
DELETED
Other (please post your opinion)
RSK Smart Bitcoin
One of Bitcoins
Bitcoin
QTUM, because PoS, and because Smart Contracts engines
IOTA
OByte
USDT
Litecoin
ETH
ETH, but only if PoS algo running
DELETED
A new DAG crypto
Charm
Pledge
Seele
A PoS coin, because it is GREEN...

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Author Topic: Which currency will dominate the crypto market? Please vote!  (Read 2454 times)
gantez
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September 17, 2019, 01:09:02 PM
 #21

OP's poll is not well directed. If the currency you mean is cryptocurrency or fiat is not clear as many response is in between. So I will pick dollar for fiat and btc for cryptocurrency.
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September 17, 2019, 01:38:54 PM
 #22

Why is Bitcoin <BTC> not on the list? The majority of the Bitcoin enthusiasts on this forum would have voted for Bitcoin to be the number #1 Crypto currency and I think you left it out on purpose to influence the outcome of this poll.  Roll Eyes

GovCoins will be backed by the country of origin and it depends on what countries would be "digitizing" their fiat currency first. If the USA decides to launch it's first fiat backed Crypto currency, then they would dominate the Crypto currency scene for a while, but they will get strong competition from China and the UK. <We will just see a mirror image of what is happening with Fiat currencies now.>  Roll Eyes

Once people see the dangers of GovCoins, they will turn to Bitcoin and you will see Bitcoin <BTC> dominance again.  Grin
Pretty sure it's left out on purpose , but here the thing about usdt a cryptocurrency that claimed each token is backed by one us dollar which until now it's been debatable,  this token is really dangerous.

How? First of all usdt is centralized... tether Ltd as a company is the one who has a power on issuing the tokens and that's make it vulnerable,  I won't trust on this kind system.

Even though everyone knew about this and some people even believe that usdt / tether Ltd has something to hide & has another agenda ... a lot of people continue using usdt as a safe haven everytime bitcoin dropped so hard. A bit ironic to see this phenomenon.

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September 17, 2019, 03:26:41 PM
 #23

Please select for Bitcoin the option: other  Grin

Please consider USD as the dominating currency of our globe.
Please consider our cryptocurrency market has already a new No1 in Daily Volumen: USDT
USDT not the only the ONE cryptocurrency (or crypto-asset or token or crypto-coin or coin - every is the same, I think...) backed with USD
USD issued by USA - and controlled through FED very well......
It means, we have a cryptocurrency market dominated (in Daily Volumen) by the FED of the USA through a standard currency, the USD. With the help of some banks and firms. Tricky. Any other opinion?



I don't see bitcoin in your pool then how can I vote?

You already can see bitcoin is dominating the crypto market and in future as well it is going to be.

Maybe you think it doesn't have any intrinsic value to it but it has that is why people is buying it and preserving for the future usage.

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September 17, 2019, 04:23:57 PM
 #24

Please select for Bitcoin the option: other  Grin

Please consider USD as the dominating currency of our globe.
Please consider our cryptocurrency market has already a new No1 in Daily Volumen: USDT
USDT not the only the ONE cryptocurrency (or crypto-asset or token or crypto-coin or coin - every is the same, I think...) backed with USD
USD issued by USA - and controlled through FED very well......
It means, we have a cryptocurrency market dominated (in Daily Volumen) by the FED of the USA through a standard currency, the USD. With the help of some banks and firms. Tricky. Any other opinion?

Tether will not have this much value if there is no bitcoin and other volatile cryptos so it means its only used for trading purpose.Once crypto adopted by most people here then tether will lose its value.

I see market cap value as the dominating part over 24 hour trading volume.

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September 17, 2019, 04:45:18 PM
 #25

USDT is currently used the most because of its price stability and the convention of USDT = USD. The total trading volume of USDT is the highest as it done on many different pairs on a lot of exchanges on CMC. That is why USDT has a very large total trading volume.

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September 17, 2019, 05:00:19 PM
 #26

Yes. Tether has no value. It is the reality. A PIZZA, a caffe, a tree, a working hour of an expert, a jewellery, a charm of a girl, ... such things has value. Tether isn't more as paper money, as Bitcoin also.

Bitcoin WAS limited. It was an unique feature.
Bitcoin + Litecoin WAS limited also. (( everything other was scam Cheesy ))

But the Crypto Market not more limited! We issuing more and more crypto's...
USD won't have any limits Cheesy we tasted... (But other paper money has also no limits!)

Crypto Market + USD = PAPER MONEY. We stepping backwards, we tokenizing the old moneysystem already......

...
Tether will not have this much value if there is no bitcoin and other volatile cryptos so it means its only used for trading purpose.Once crypto adopted by most people here then tether will lose its value.
...

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September 17, 2019, 10:10:06 PM
 #27

Your question is confusing, OP.
And to make it more confusing, you don't have Bitcoin listed in your poll.
If you are asking about which fiat currency is dominating, then we all know it's Bitcoin. And if you are asking about that of cryptocurrency, of course, Bitcoin will be leading.
However, if you are asking which fait is mostly used in the purchase of cryptocurrency, then it's mostly the USD but many people are using other altcoins to purchase BTC when available .
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September 17, 2019, 10:25:06 PM
 #28

The poll is total nonsense. Make one that's comprehensible.
Methinks it is meant as a joke.  And of course I had to vote "other" since the question is about the dominant currency of the crypto market, and the US dollar doesn't qualify, even if it's represented with a crap-ass shittoken such as Tether.

It's bitcoin, baby.  Bitcoin.  That's the only answer to the poll.  ETH might come in as a close second, but bitcoin is always going to be king--unless something better comes along and the devout bitcoin community disintegrates.  Neither thing is likely to happen, however.

And to make it more confusing, you don't have Bitcoin listed in your poll.
Yah it's a crap poll, no question.

Please consider USD as the dominating currency of our globe.
I wouldn't argue against that, but USD isn't a cryptocurrency and comparing bitcoin to USD is a case of apples and oranges.  Everytime I think of the two together, the only thing I can think of is that the US government is in the process of cranking out money as fast as they can, whereas no one can do this with bitcoin.  That's one of the amazing things about bitcoin IMO.

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September 17, 2019, 10:50:56 PM
 #29

Most users have stated the mistake regarding the polling. I too have the same, when we talk about cryptocurrency we cannot add USD to the list. Among the cryptocurrency available bitcoin will be the dominant, in the future bitcoin is gonna stay dominant against USD because USD is being printed without limits which will surely lead to the loss of value while bitcoin with limited supply causes the growth and increase in the dominance.

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September 17, 2019, 10:57:48 PM
 #30

The poll is total nonsense. Make one that's comprehensible.
Methinks it is meant as a joke.  And of course I had to vote "other" since the question is about the dominant currency of the crypto market, and the US dollar doesn't qualify, even if it's represented with a crap-ass shittoken such as Tether.

It's bitcoin, baby.  Bitcoin.  That's the only answer to the poll.  ETH might come in as a close second, but bitcoin is always going to be king--unless something better comes along and the devout bitcoin community disintegrates.  Neither thing is likely to happen, however.

And to make it more confusing, you don't have Bitcoin listed in your poll.
Yah it's a crap poll, no question.

Please consider USD as the dominating currency of our globe.
I wouldn't argue against that, but USD isn't a cryptocurrency and comparing bitcoin to USD is a case of apples and oranges.  Everytime I think of the two together, the only thing I can think of is that the US government is in the process of cranking out money as fast as they can, whereas no one can do this with bitcoin.  That's one of the amazing things about bitcoin IMO.

More than likely, the OP meant USDT on this poll not the USD. But in any case, bitcoin should be included in the options. The poll is quite useless. And I don't think bitcoin will be beaten by eth or USDT in the future. At the moment, no one can compete with the scope of bitcoin's popularity. Even ordinary individuals, when you ask if they know crypto, they will first think of bitcoin and nothing else.
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September 18, 2019, 04:48:33 AM
 #31

Good. As you (and others) requested, I tooked Bitcoins with some competitor also in list. Not all competitor. Only some. Should I take ETH also in? I don't know Grin This should be in the marketcap a constrained market. Or?

The poll is total nonsense. Make one that's comprehensible.
Methinks it is meant as a joke.  And of course I had to vote "other" since the question is about the dominant currency of the crypto market, and the US dollar doesn't qualify, even if it's represented with a crap-ass shittoken such as Tether.

It's bitcoin, baby.  Bitcoin.  That's the only answer to the poll.  ETH might come in as a close second, but bitcoin is always going to be king--unless something better comes along and the devout bitcoin community disintegrates.  Neither thing is likely to happen, however.

And to make it more confusing, you don't have Bitcoin listed in your poll.
Yah it's a crap poll, no question.

Please consider USD as the dominating currency of our globe.
I wouldn't argue against that, but USD isn't a cryptocurrency and comparing bitcoin to USD is a case of apples and oranges.  Everytime I think of the two together, the only thing I can think of is that the US government is in the process of cranking out money as fast as they can, whereas no one can do this with bitcoin.  That's one of the amazing things about bitcoin IMO.

More than likely, the OP meant USDT on this poll not the USD. But in any case, bitcoin should be included in the options. The poll is quite useless. And I don't think bitcoin will be beaten by eth or USDT in the future. At the moment, no one can compete with the scope of bitcoin's popularity. Even ordinary individuals, when you ask if they know crypto, they will first think of bitcoin and nothing else.

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September 18, 2019, 04:54:16 AM
 #32

The votes at this time. You can vote up to 8 option, and you should be able to change your vote...
I am ready to re-work the poll. Many thanks for votes and opinions...

Just a minute, I take ETH also in. Maybe it has also a role.


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September 18, 2019, 04:58:53 AM
 #33

I tooked ETH and Bitcoin also in with some competitors, and of course Charm <3

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September 18, 2019, 05:46:58 AM
 #34

tether to date has the highest volume and even beat bitcoin. but, I have an opinion that the need for bitcoin will continue to increase. although at the moment bitcoin is still ranked 2 in the coinmarketcap with the most volume, but I'm sure the use of bitcoin out there is still more needed than tether. in addition, crypto users prioritize the development of bitcoin to date.

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September 18, 2019, 06:09:46 AM
 #35

Yes. Tether has no value. It is the reality. A PIZZA, a caffe, a tree, a working hour of an expert, a jewellery, a charm of a girl, ... such things has value. Tether isn't more as paper money, as Bitcoin also.

Bitcoin WAS limited. It was an unique feature.
Bitcoin + Litecoin WAS limited also. (( everything other was scam Cheesy ))

But the Crypto Market not more limited! We issuing more and more crypto's...
USD won't have any limits Cheesy we tasted... (But other paper money has also no limits!)

Crypto Market + USD = PAPER MONEY. We stepping backwards, we tokenizing the old moneysystem already......

...
Tether will not have this much value if there is no bitcoin and other volatile cryptos so it means its only used for trading purpose.Once crypto adopted by most people here then tether will lose its value.
...
Tether is not same as bitcoin or litecoin since the availability is different.

If the creator of tether wants they can print 1 billion tether over night which is same as the USD which means te value differs compared to bitcoin which is soley depends on the demand not based on the USD value.

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September 18, 2019, 12:01:47 PM
 #36

I honestly think that he means like base pair, like what will be the main thing bitcoin is traded for, otherwise this makes no sense at all. The reality is that usdt and usd is actually fighting with each other on crypto market, some exchanges makes you trade bitcoin and usd directly, some exchanges just offer usdt instead, that is why there is a big fight in crypto base pair world where usd and usdt is actually fighting. Hell if you add in "fiat to btc or stable to btc" type of deal there it gets even a higher volume and very very risky as well, that is why I honestly believe that OP is asking about that, at least that has a discussion point and you may actually argue which is bigger or even do researches about it.

I personally would put my money on fiat base pair for btc.

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September 18, 2019, 12:26:09 PM
 #37

I don't see bitcoin in your pool then how can I vote?

You already can see bitcoin is dominating the crypto market and in future as well it is going to be.

Maybe you think it doesn't have any intrinsic value to it but it has that is why people is buying it and preserving for the future usage.

I don't know but maybe you missed it, it is already in the pool and I think bitcoin is not included to what they OP is saying. It is true though, it don't have an intrinsic value, but obviously I will be going with another USD. The idea might be used in the future and we will be seeing a USD in this technology.

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September 18, 2019, 12:57:06 PM
 #38

I don't see bitcoin in your pool then how can I vote?

You already can see bitcoin is dominating the crypto market and in future as well it is going to be.

Maybe you think it doesn't have any intrinsic value to it but it has that is why people is buying it and preserving for the future usage.

I don't know but maybe you missed it, it is already in the pool and I think bitcoin is not included to what they OP is saying. It is true though, it don't have an intrinsic value, but obviously I will be going with another USD. The idea might be used in the future and we will be seeing a USD in this technology.
Bitcoin was later added into the pool,few hours later I posted the above reply.

There won't be another USD for sure since FED control the banks they won't let any other centralized thing to grow up much higher.

Maybe we have to Libra's launch.

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September 23, 2019, 08:44:18 PM
 #39

Don't forget to vote Smiley

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September 24, 2019, 06:04:44 AM
 #40

I see that for some reason, the proposed list contains stable coins that generally cannot dominate the cryptocurrency market. For some time, bitcoin will definitely dominate, and no one can predict what will happen next. Bitcoin does not scale for too long and I do not yet see any real possibilities for it. If this situation persists, then he will soon lose his dominance and place as the leader of the cryptocurrency. At the same time, other altcoins are developing too fast, the situation periodically changes.
I would prefer that the cryptocurrency market does not have a price-dominant cryptocurrency. Then each of them will develop freely and the market will cease to be completely bearish or bullish. This situation will be much better. Most likely, it will be so.
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