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Author Topic: The Future of Crytopcurrency  (Read 1477 times)
Golftech
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June 15, 2020, 02:34:53 PM
 #81

Cryptocurrency is technology-based, which leaves this investment open to cyber attacks. Hacking is a serious risk, since there is no way to retrieve your lost or stolen bitcoins. According to popular opinion, these are the three main contenders to become the next big cryptocurrency.
indeed that is the most feared for cryptocurrency investors, so take good care of our wallets so they do not fall into irresponsible hands and add security to our wallets with several other applications such as Authenticator.

Before starting you should learn more deeper in protecting your wallet, since crypto is prone to hacking activities.
Adding extra securities gives you good confident while investing.

Take time in enhancing your knowledge, both from securities and the usages of cryptocurrency, adoptions are there
it's an advantage if you fully knowledgeable from this industry.
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June 15, 2020, 02:38:42 PM
 #82

Every one sees cryptocurrency as a means of payment, but I rather see it as store of value. Something like gold or real estates, but it is much better because nobody can steal it, even the political situation change in your country, nobody can take your  Bitcoins. Those who lived in communism know what I'm talking about. Smiley

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June 15, 2020, 03:16:07 PM
 #83

Every one sees cryptocurrency as a means of payment, but I rather see it as store of value. Something like gold or real estates, but it is much better because nobody can steal it, even the political situation change in your country, nobody can take your  Bitcoins. Those who lived in communism know what I'm talking about. Smiley

    Some people see all crypto-currencies as one, some people see all of them. Future for some crypto-currencies is
promising, while some will fail to develop and become more popular.
   We need to choose wisely where to invest money now, there are many good crypto-currencies but just some of them
will go higher and be here in future. It's hard to make difference between good and bad projects, it's why I diversify my
investments and I have many crypto-currencies.



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Rainbot
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June 15, 2020, 03:26:15 PM
 #84

Every one sees cryptocurrency as a means of payment, but I rather see it as store of value. Something like gold or real estates, but it is much better because nobody can steal it, even the political situation change in your country, nobody can take your  Bitcoins. Those who lived in communism know what I'm talking about. Smiley
for a sentence that says that cryptocurrency cannot be stolen I think you should look at a variety of cases that often occur in several places of exchange and several projects that are a lot of scams and theft of assets by phishing and others, in cryptocurrency will be more vulnerable because it is easy to money laundering.

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June 15, 2020, 03:30:40 PM
 #85

Every one sees cryptocurrency as a means of payment, but I rather see it as store of value. Something like gold or real estates, but it is much better because nobody can steal it, even the political situation change in your country, nobody can take your  Bitcoins. Those who lived in communism know what I'm talking about. Smiley

People can still steal your bitcoin if you only carelessly give in yourself to the errors that can possibly harm you the holder. We have heard series of hacks around the industry and nothing like "nobody can steal your bitcoin". The simple truth is " nobody has access to your privacy when you have done the needful with bitcoin or other cryptocurrency". Frankly speaking, I look at cryptocurrency as a store of value and also as a means of payment, this be that, most of my investment are also for making payment when I purchase items online.
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June 15, 2020, 03:46:32 PM
 #86

Every one sees cryptocurrency as a means of payment, but I rather see it as store of value. Something like gold or real estates, but it is much better because nobody can steal it, even the political situation change in your country, nobody can take your  Bitcoins. Those who lived in communism know what I'm talking about. Smiley

People can still steal your bitcoin if you only carelessly give in yourself to the errors that can possibly harm you the holder. We have heard series of hacks around the industry and nothing like "nobody can steal your bitcoin". The simple truth is " nobody has access to your privacy when you have done the needful with bitcoin or other cryptocurrency". Frankly speaking, I look at cryptocurrency as a store of value and also as a means of payment, this be that, most of my investment are also for making payment when I purchase items online.
well, I totally agree with what you say because cryptocurrency has weak security but on the one hand cryptocurrency has very sophisticated technology because it can be used for alternative payments that can be done worldwide but because of that the weakness is that many cryptocurrency assets are often lost stolen and fatal error is that when sending at the wrong address it will not be able to come back again.

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June 15, 2020, 03:49:38 PM
 #87

Every one sees cryptocurrency as a means of payment, but I rather see it as store of value. Something like gold or real estates, but it is much better because nobody can steal it, even the political situation change in your country, nobody can take your  Bitcoins. Those who lived in communism know what I'm talking about. Smiley
Most of the people see it as both, but cryptocurrency is terrible if you want to store your assets because of volatility, it's really risky unless you want to take the risk you still be rewarded with huge profit, other than that crypto is also a product innovation, who knows where crypto will end up in the future.
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June 15, 2020, 04:19:25 PM
 #88

Of course no one can predict the future with much accuracy, I think the next decade will be only about crypto currency and the majority of globe will be using it. There will be mass adoption in both emerging markets, privacy would play a key role here.

More over businesses will be dealing with crypto transaction and there is no doubt that crypto will rule the world in near future.

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June 15, 2020, 06:10:12 PM
 #89

Every one sees cryptocurrency as a means of payment, but I rather see it as store of value. Something like gold or real estates, but it is much better because nobody can steal it, even the political situation change in your country, nobody can take your  Bitcoins. Those who lived in communism know what I'm talking about. Smiley
for a sentence that says that cryptocurrency cannot be stolen I think you should look at a variety of cases that often occur in several places of exchange and several projects that are a lot of scams and theft of assets by phishing and others, in cryptocurrency will be more vulnerable because it is easy to money laundering.
Well, I am not talking about storing cryptocurrencies on exchange or custody wallets. When you store your private key wisely, then there is almost zero probability that someone will steal them from you, right? While gold even the real estate could be stolen when the government change Smiley.

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June 15, 2020, 06:50:22 PM
 #90

of course, but that would be contrary to government and bank policies, namely centralized.
however I think the government must have access to the data or every transaction so that if something goes wrong can be seen and known.
but that is contrary to the principle of blockchain or crypto, which is decentralization.
so it will take quite a long time to put it together.
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June 15, 2020, 08:01:55 PM
 #91

I think that the chat application with the ability to send crypto to your peers is a great idea. Blockchain based casino too. Lots of interesting ideas here, let’s see how everything turns out.
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June 16, 2020, 04:47:30 AM
 #92

The only problem with the cryptocurrency right now to be the future is the speed of transaction and the government acceptance inclusive. The payment method brought to us through cryptocurrency is one of the best ways to keep safe from the centralized systems that has been in existence from ages. Slow in cryptocurrency transactions is the issue many are waiting to get ride off, when this is done the future of the internet money will shoot to the moon. Hope the Lightning Network help to eradicate the slow rate at which cryptocurrency transactions are done.
The scalability of crypto or any blockchain can be solved through the implementation of the scalability solution. it can be done easily as long as the community agreed to hardfork the blockchain. The government acceptance will come a long with the result that from crypto development progress.



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dragon695
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June 16, 2020, 05:41:53 AM
 #93

The only problem with the cryptocurrency right now to be the future is the speed of transaction and the government acceptance inclusive. The payment method brought to us through cryptocurrency is one of the best ways to keep safe from the centralized systems that has been in existence from ages. Slow in cryptocurrency transactions is the issue many are waiting to get ride off, when this is done the future of the internet money will shoot to the moon. Hope the Lightning Network help to eradicate the slow rate at which cryptocurrency transactions are done.
The scalability of crypto or any blockchain can be solved through the implementation of the scalability solution. it can be done easily as long as the community agreed to hardfork the blockchain. The government acceptance will come a long with the result that from crypto development progress.
Even though a lot of people are trying to push the cryptocurrency market to be widely recognized. I believe that the governments don't really want cryptocurrency to be popular. Therefore, it's really hard for us to have the supports of governments since they all want to keep their own fiat money in order to control their economy and for some else reasons.

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JHORN
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June 16, 2020, 05:49:22 AM
 #94

To go fully into decentralization in crypto space centralized exchanges must seize to exists because not all crypto coins are build with anonymity or privacy in mind, if you don't want government interference then centralized exchanges must go, all we will have left is dex exchanges but imagine that huge volume controlled by centralized exchanges??? It wonts do any good than damages

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June 16, 2020, 07:17:26 AM
 #95

Gaming opens up a great opportunity in the future of cryptocurrency. Not only can we now use Bitcoin and other cryptos to buy video games, but the most exciting part is we can make money while playing games online. At PlayFuel, players can have the chance to earn PLF tokens the more they play, and these tokens can be used for trading in exchanges or utilized to buy in-game items within the platform's marketplace. More than that, as gaming embraces blockchain with crypto, digital tokens and in-game items are secured and acquired with true ownership by the gamers. No doubt that gaming and crypto combined will bring a better and more innovative user experience that will benefit both gamers and game developers.
cryptothreads
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June 16, 2020, 10:59:27 AM
 #96

Every one sees cryptocurrency as a means of payment, but I rather see it as store of value. Something like gold or real estates, but it is much better because nobody can steal it, even the political situation change in your country, nobody can take your  Bitcoins. Those who lived in communism know what I'm talking about. Smiley
Most of the people see it as both, but cryptocurrency is terrible if you want to store your assets because of volatility, it's really risky unless you want to take the risk you still be rewarded with huge profit, other than that crypto is also a product innovation, who knows where crypto will end up in the future.
The market is still very potential ahead, and I'm sure if you are choosing to invest, the opportunity to make a profit will still be very high. I believe that in the next few years, cryptocurrency will be an attractive destination for all investors.

However, if you feel worried, you should be patient for some time because COVID-19 is affecting this market a lot.
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June 16, 2020, 11:09:59 AM
 #97

Already a lot of different areas and technologies have switched to cryptocurrency technologies and we all see how it has very well influenced these areas and technologies and most importantly, this is just the beginning for the cryptocurrency sphere and there are still a lot of incredible discoveries and opportunities for the cryptocurrency sphere.
coinfinger
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June 16, 2020, 01:41:38 PM
 #98

The market is still very potential ahead, and I'm sure if you are choosing to invest, the opportunity to make a profit will still be very high. I believe that in the next few years, cryptocurrency will be an attractive destination for all investors.

However, if you feel worried, you should be patient for some time because COVID-19 is affecting this market a lot.
No one could ignore about the potential of altcoin industry but at the same time where we are going to invest will be the million dollar question. Because we are having a lot of options in altcoins which must be the core reason why people are going distracted here. If there will be only very few coins then the chances for success of those coin will be more which will be easily getting good return on investment for many investors.

For a good and healthy environment in altcoin industry, we must have only very few coins and each of those coins must be having good concept and based on a solution which will be addressing a real world problem. Only after there will be a community driven regulation, we can expect a great future for cryptocurrencies.
cryptogeek101
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June 16, 2020, 02:06:07 PM
 #99

With blockchain data can be stored in a decentralized public book.

With cryptocurrency, we can make anonymous transactions without centralized intervention.

If you add speed and spread to the public, then the future is cryptocurrency.

How do you think?

I think you are quite correct with the above reasoning however you need an element of trust in all these transactions,blockchain technology is all about decentralization which all of us really want to achieve. In this era we are moving away from centralization which has not made us have the required freedom we all hope for

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Enterapp Pre-Sale Live


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June 16, 2020, 05:53:55 PM
 #100

With blockchain data can be stored in a decentralized public book.

With cryptocurrency, we can make anonymous transactions without centralized intervention.

If you add speed and spread to the public, then the future is cryptocurrency.

How do you think?

Indeed cryptocurrency will have a good future, both for users with all its conveniences, as well as for crypto itself which has high selling points. But the problem now is that scammers are too much on cryptocurrency, so this is hard to accept among people.

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