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Author Topic: Its a gradual process  (Read 615 times)
Aabcde
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November 28, 2019, 12:27:14 AM
 #61

Yes, I think every big thing starts with the smallest thing. Like us humans, we are born as babies, then grow into children, adolescents, and adults and produce offspring. That's a perfect phase.
Right now bitcoin is at a time when all eyes are on it, what will it be like in the future. What is needed is a handful of people who want to start using bitcoin in their lives so that bitcoin can develop rapidly and well.
I am sure that in the next 3-5 years bitcoin will be more mature, in the sense that many laypeople will know it more and startups who use bitcoin in their daily lives. Stay positive thinking.



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November 28, 2019, 02:50:51 AM
 #62

If i have to look back at the past of bitcoin and crypto well i'd say there is still huge hope left in future, despite all the ups and downs in the early life of bitcoin and few altcoins available back then here they are today,  and now here we are with better adoption compare to the past, once upon a time it was just a single btc ATM in 2013 and now we have thousands, Adoption is slowly taking over but its hard for many to see because many are so unprepared for the down side of crypto, they only want the good side which is not a reality to me, for what so ever is going to work will have its challenges, remember that rome was not built in a day, lets fully support the technology and hopefully we will start seeing 6 figure bitcoin price in the near future..

Certainly. But it ultimately depends on the fundamentals still.

A coin which doesn't have good fundamentals and whose value completely based off speculation will not have a long term future, no matter how long you hold onto your positions for. To be in a position to hold a coin long term and wait for this gradual process of development to occur you need to first be certain that the coin actually has intrinsic value.

With large caps like ETH and BTC, it's really just a waiting game to wait for mass adoption.
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November 28, 2019, 02:57:31 AM
 #63

I think the conditions in the market are the same. fluctuations inevitably occur and that is precisely what makes it interesting. a decline that occurs because it is trending in a down position, and not an extraordinary thing. we see in the stock market also experiencing the same thing, which has fluctuations, and prices sometimes return to the floor area

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November 28, 2019, 04:43:10 AM
 #64

Indeed a gradual process but id you think of it. Bitcoin terminals are just used to buy and sell crypto right? We need something much more useful and a real use case for this. Like bitcoin can be used in some establishment like restaurant or services like gym. Yes we have, but its only few who are accepting it. We will never achieve this if we the SEC continuously hampering bitcoin development.

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November 28, 2019, 04:59:24 AM
 #65

Bitcoin in some countries is still prohibited from being used as payment and at current prices, as well as many new projects from every country that want to make new altcoins like stable coins, I think Bitcoin in the future can be used as a payment system to be able to buy goods wherever we are located and in accordance with the provisions of each government.

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November 28, 2019, 08:28:25 AM
 #66

with the increasingly sophisticated bitcoin technology I think it will be easy to be able to increase the price of bitcoin, because bitcoin facilities will be easy to get and also possible in terms of prices investors will compete in bitcoin to help pump bitcoin to the highest price

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November 28, 2019, 08:29:22 AM
 #67

I think full adoption will never happen, unless there is a worldwide economic collapse unless anything we have ever seen or could imagine. Governments will never give up control of their currencies, wars have been fought over much less. a much more realistic goal is to have cryptocurrencies replace payment processors like Paypal and Visa. still a huge task, but it's actually more accessible than full adoption. However, i have to agree with you on technology aspect. the technology must become more mature and scaling needs to be improved.
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November 28, 2019, 08:58:14 AM
 #68

well as far as I know we need real adoption to be used in trading or payments mate such as the necessities of life to be used continuously ,not just ATM machines but other tangible uses as fiat functions but if the 6 digits will be difficult when they run because they are expensive
As the OP said "its a gradual process" and you can expect a project which is 10years old to have real adoption like a project which was implemented 1971. However, bitcoin and others crypto are digital currency which you can't  compare it uses with fiat currency that can be held.
Mind you, it too early to expect the 6 digits.

Yeah but unfortunately many people don't want to understand this aspect, many people are using 2017 as a yardstick to measure success of project this days, yes it is true that there are many junk project in the market but at the same time there are also some good ones that require some amount of time to fully develop and established but how many investors of this time are ready to wait the same time length BTCtc has gone through? not very many, everyone is expecting to start seeing results after few month of project lunch, i hope people can understand that it is a gradual process to reach the desired destination.

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November 28, 2019, 10:02:12 AM
 #69

Every economic system needs stability and for that time is required. Mass adoption of cryptocurrencies and utility is very important for digital currencies to flourish. In the time of just 10 years see where cryptocurrencies are now so wait a little while and learn from the ups and downs of the cryptoeconomy. Neither recession lasts forever nor boom. Market will be back on it's feet soon. I think 2020 will be the year of recovery, market will recover in 2020 and 2021 will be the year of boom.. Well let's see what actually happens..

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November 28, 2019, 11:25:02 AM
 #70

If i have to look back at the past of bitcoin and crypto well i'd say there is still huge hope left in future, despite all the ups and downs in the early life of bitcoin and few altcoins available back then here they are today,  and now here we are with better adoption compare to the past, once upon a time it was just a single btc ATM in 2013 and now we have thousands, Adoption is slowly taking over but its hard for many to see because many are so unprepared for the down side of crypto, they only want the good side which is not a reality to me, for what so ever is going to work will have its challenges, remember that rome was not built in a day, lets fully support the technology and hopefully we will start seeing 6 figure bitcoin price in the near future..

good point there, most especially where you said many are not looking forward to experiencing the down side but always want to experience the good side. i am one of those who easily get discourage when the going becomes hard and stressful, its actually a weak point i have but i am working seriously on standing strong at both times; the good times and in the bad times. i believe cryptocurrency is the future and we just got started.

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November 28, 2019, 11:33:48 AM
 #71

You have hit the nail on the very spot it needed to be hit. Your appraisal is one that should enlighten many if only their minds would be opened up to the reality of the truth you just shared. Personally, the post helped to reignite my fire too which truthfully hasn't to dwindle recently.. Thanks so much..
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November 28, 2019, 11:48:14 AM
 #72

People who always judge the bad side of bitcoin then they are never convinced that bitcoin will be able to develop as in 2017, but the ups and downs of bitcoin and altcoin prices are normal but look at the development of the cryptocurrency world now unlike in previous years, if for now the price of bitcoin and altcoin has not been as we expected, it is a bright spot, they haven't met everything needs a process.

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November 28, 2019, 12:53:18 PM
 #73

People who always judge the bad side of bitcoin then they are never convinced that bitcoin will be able to develop as in 2017, but the ups and downs of bitcoin and altcoin prices are normal but look at the development of the cryptocurrency world now unlike in previous years, if for now the price of bitcoin and altcoin has not been as we expected, it is a bright spot, they haven't met everything needs a process.
people who judge the bad side of bitcoin simply do not understand what they are talking about. if they studied the topic of bitcoin and its history. if they appreciated all the stages of its development and saw a wider picture, then they would have understood the whole point and stopped judging bitcoin. very soon, bitcoin will be more convenient and then everyone will understand how they were wrong






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November 28, 2019, 01:25:58 PM
 #74

Every economic system needs stability and for that time is required. Mass adoption of cryptocurrencies and utility is very important for digital currencies to flourish. In the time of just 10 years see where cryptocurrencies are now so wait a little while and learn from the ups and downs of the cryptoeconomy. Neither recession lasts forever nor boom. Market will be back on it's feet soon. I think 2020 will be the year of recovery, market will recover in 2020 and 2021 will be the year of boom.. Well let's see what actually happens..
Somewhat amazing and pretty good to looked by but I'd never think that it will work so easy and jump so high. Though we are too positive that we will see the bright side crypto in the next year but something we think also that the market never been like before and obviously we will experience the ups and downs scheme. May halving could possibly contribute a big change but we can't expect that we will see it right after cause I what we've seen in the previous halving, the price will just rise almost a year from its halving.

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November 28, 2019, 01:34:47 PM
 #75

a process that is certain to be gradual, there is no way a process can be done in a very instant manner. so with us appreciating every process that goes on so far, of course we have a lot of planning before reaching the top even though in reality most of us want something fast, just enjoy every process that exists then at least it is also our support for the growth of the crypto market to be bigger and continue to grow over time

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ven7net
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November 28, 2019, 01:39:51 PM
 #76

If i have to look back at the past of bitcoin and crypto well i'd say there is still huge hope left in future, despite all the ups and downs in the early life of bitcoin and few altcoins available back then here they are today,  and now here we are with better adoption compare to the past, once upon a time it was just a single btc ATM in 2013 and now we have thousands, Adoption is slowly taking over but its hard for many to see because many are so unprepared for the down side of crypto, they only want the good side which is not a reality to me, for what so ever is going to work will have its challenges, remember that rome was not built in a day, lets fully support the technology and hopefully we will start seeing 6 figure bitcoin price in the near future..

Of course, the cryptocurrency market is developing and there are still many surprises ahead of us, both good and bad. However, we must not forget that the general trend so far speaks of growth. If you want to succeed, then you need to be patient and then luck will smile at you. Moreover, if you are a supporter of BTC and cryptocurrencies, you absolutely must believe in their future and think positively.
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November 28, 2019, 01:42:48 PM
 #77

Yes, I think every big thing starts with the smallest thing. Like us humans, we are born as babies, then grow into children, adolescents, and adults and produce offspring. That's a perfect phase.
Right now bitcoin is at a time when all eyes are on it, what will it be like in the future. What is needed is a handful of people who want to start using bitcoin in their lives so that bitcoin can develop rapidly and well.
I am sure that in the next 3-5 years bitcoin will be more mature, in the sense that many laypeople will know it more and startups who use bitcoin in their daily lives. Stay positive thinking.
I really like your narration sighting how a human being grows, with respect to Bitcoin being at tender stage on the road to adoption. So many people are yet to comprehend what Bitcoin is all about and as time goes on, it's gaining more exposure and people are getting to know about it. When I first saw Bitcoin price watch on yahoo finance, I was overwhelmed since it will get across so many people. Mainstream adoption is not going to come easily, but we just need to support the vision and also apply patience, then time will put everything in proper place.
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November 28, 2019, 01:43:17 PM
 #78

Do you mean despite the ups and down of bitcoin it is still going up?  Grin
I don't care much about the fuds all over the social media and I dont really care.

Bitcoin is going to be powerful in time. They just dont know the reality for now or they just dont want to swallow it yet.
Fiat will matter but so does bitcoin specially with the era now that online services is being offered.
Slow process but it will happen.

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November 28, 2019, 02:15:58 PM
 #79

The process still on progress regardless the price of movement but compare to situations from several years ago then mass adoption looks develop and more better now but not too satisfied with it because cryptocurrency still very potential to increase the achievement but indeed all of it cannot be achieved instantly and it took plenty of steps to do so but don't be only the witness and we should be take a part from it

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November 28, 2019, 02:30:24 PM
 #80

The past of bitcoin and cryptocurrencies is a wonderful and beautiful past. It gives people a lot of hope and a brighter future. But for now, it's not so good, but let's believe it. gradually it will return.
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