Keeng Daveed (OP)
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September 02, 2020, 02:00:47 PM |
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Few years back, I could remember Cryptocurrency wasn't really known by most people and the idea was joked with, even I myself didn't have a thought on it, but the growth of crypto is now alarming that almost all my friends are into one or two of it. Looking into the future I suggest Cryptocurrency will suspend other past used currencies and take over, what do you think?
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bttmember
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September 02, 2020, 02:10:02 PM |
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Yeah. Personally i have felt the same. I remember whenever i talked about crypto among my friends or family they never believed such thing could be real and can work in real life, they always had trust issues with cryptocurrencies they thought it is all fake but now they are regretting not to invest earlier.
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Metall303
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September 02, 2020, 02:25:49 PM |
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I do not think that cryptocurrency can dominate over the entire financial system, but I am sure that it will become one of the most popular instruments in the world and this is already happening
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Estehmanis
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September 02, 2020, 02:30:37 PM |
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I agree with you , nobody knows about his future was only an idea kidding but the fact his almost like a lot of people around the world of her course is highly valued
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Docbee
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September 02, 2020, 02:45:47 PM |
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Few years back, I could remember Cryptocurrency wasn't really known by most people and the idea was joked with, even I myself didn't have a thought on it, but the growth of crypto is now alarming that almost all my friends are into one or two of it. Looking into the future I suggest Cryptocurrency will suspend other past used currencies and take over, what do you think?
That is the trend of life, when you come out with an idea, it's only very few that might probably see into what you're seeing but majority could not. Later when others realise it's becoming real, they will start joining you. That's why there are levels of adopters (innovators, early adopters, late adopters and the never adopters). Crypto has come to stay no matter the challenge it might still face.
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bitzizzix
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September 02, 2020, 02:56:41 PM |
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Indeed, almost everyone who is involved in cryptocurrency, especially bitcoin will feel confused and maybe most of them feel it seems impossible, but over time after understanding or knowing more details they are interested and instead used as a source of their promising income.
In the future, cryptocurrencies may change according to user preferences and various applications, but in general cryptocurrencies will still be around.
What are you waiting for? Become a part of Cryptocurrency and start investing in cryptocurrency now and free up your investment by managing your own assets.
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qwizzie
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September 02, 2020, 03:09:49 PM Last edit: September 02, 2020, 03:25:10 PM by qwizzie |
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It is the banks with their low savings interest rate that is driving people into researching other means to make a profit, to combat the devaluation of their fiat savings and fight price inflation. Most will invest in the stock market, but more and more people are turning to crypto, because at times crypto can outperform the stock market and crypto if necessary can be used as a safe heaven.
Now with governments all over the world printing fiat money just to keep the economy alive that has been severely impacted by the Corona outbreak, this trend will only intensify over the years.
Governments will introduce state-controlled cryptocurrencies, that will be centralized and under full control of the government. Centralized stablecoins will continue to grow at an exponential rate and will at some point become TBTF (Too Big Too Fail)
The blockchain that can easily scale, can handle mass transactions traffic, will always have low transaction fees, settles transactions in seconds and is secure, will reign one day. My hope is that this will be a decentralized blockchain, not a centralized state-controlled cryptocurrency or a centralized stablecoin.
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Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
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Nhor1011
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September 02, 2020, 03:21:10 PM |
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Sometimes we are looking on the result first before we believe because sometimes we think that it was impossible to happen specially in bitcoin and cryptocurrency as well but take a look ,the number of crypto enthusiast are now increasing and the pandemic will continue to push people to go online and later on they will discover cryptocurrency and if they learn about it even basic ,for sure they will adopt it. We really do not know what tomorrow will bring but as long as many people adopt and supporting cryptocurrency, I think it will stay longer and continue to pass in the coming generation.
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ned.ryerson
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September 02, 2020, 03:22:00 PM |
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Indeed, people did not understand much about cryptocurrencies a few years ago, but now we all see that investors are talking positively about Bitcoin and other promising coins.
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didzi
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September 02, 2020, 03:43:48 PM |
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Few years back, I could remember Cryptocurrency wasn't really known by most people and the idea was joked with, even I myself didn't have a thought on it, but the growth of crypto is now alarming that almost all my friends are into one or two of it. Looking into the future I suggest Cryptocurrency will suspend other past used currencies and take over, what do you think?
not suspend or take over other past used currencies my friend, but cryptocurrency will be an alternative from the past used currencies but, who knows, right ? because no body knows what will happend in the future my friend
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torrantz
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September 02, 2020, 03:48:51 PM |
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I have the same thought as you and I didn't pay a lot of attention to the crypto when bitcoin has already released by satoshi.
Cryptocurrency has a very good tech that can be used for a various system and crypto has brought so many solutions for the problems that can still be faced on the traditional system. Crypto will replace the traditional system for sure. Some stock exchanges have already started to look at bitcoin.
Crypto has a very bright future.
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semobo
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September 02, 2020, 08:14:12 PM |
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Few years back, I could remember Cryptocurrency wasn't really known by most people and the idea was joked with, even I myself didn't have a thought on it, but the growth of crypto is now alarming that almost all my friends are into one or two of it. Looking into the future I suggest Cryptocurrency will suspend other past used currencies and take over, what do you think?
Almost everyone here expecting that kind of future for crypto currency, and also it is highly possible.In any kind of investments early investors are going to get the more yields but it also could end up in complete loss so it is about yourself whether you are willing to take such risk by investing on new projects or better play with the profits made from top cryptos.
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nicecrypto
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September 02, 2020, 08:22:37 PM |
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Few years back, I could remember Cryptocurrency wasn't really known by most people and the idea was joked with, even I myself didn't have a thought on it, but the growth of crypto is now alarming that almost all my friends are into one or two of it. Looking into the future I suggest Cryptocurrency will suspend other past used currencies and take over, what do you think?
I think in the future crypto will be well known more than what we can already see, i too never took it serious years bavk but today am happy to be part of it, soon more people will be introduced into crypto, nobody can tell what will happen in future but crypto is gaining lots of attention not to be a big part of it.
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AmoreJaz
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September 02, 2020, 08:36:02 PM |
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Indeed, almost everyone who is involved in cryptocurrency, especially bitcoin will feel confused and maybe most of them feel it seems impossible, but over time after understanding or knowing more details they are interested and instead used as a source of their promising income.
In the future, cryptocurrencies may change according to user preferences and various applications, but in general cryptocurrencies will still be around.
What are you waiting for? Become a part of Cryptocurrency and start investing in cryptocurrency now and free up your investment by managing your own assets.
crypto adoption will definitely grow in the next coming years. and more shops or merchants will accept crypto as payment method. let's be realistic of what's to come and don't over speculate with things. i do agree it may change according to what is needed in the crypto community like for instance these days, the defi hype so tomorrow we will see another hype...but yes, i am certain as well that crypto will be around for long time so as a user, plan what needs to be done not to be late with important things.
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rexxarofmoknathal
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September 02, 2020, 09:22:45 PM |
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Few years back, I could remember Cryptocurrency wasn't really known by most people and the idea was joked with, even I myself didn't have a thought on it, but the growth of crypto is now alarming that almost all my friends are into one or two of it. Looking into the future I suggest Cryptocurrency will suspend other past used currencies and take over, what do you think?
I think that 'who has the eye that looks into the future' is a FUTURIST. That said, one must always look for opportunities and never doubt but show a reasonable level of scrutiny. Cryptocurrency is one of those topics that can build so much as its potential lies in our hands, we just need to overcome the few obstacles that other implement due to the fear of not understanding.
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livingfree
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September 02, 2020, 09:32:44 PM |
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Few years back, I could remember Cryptocurrency wasn't really known by most people and the idea was joked with, even I myself didn't have a thought on it, but the growth of crypto is now alarming that almost all my friends are into one or two of it.
It is alarming in a positive manner. People are noticing the growth of cryptocurrencies because they just can't ignore it. There's an opportunity on it and they can be part of it and use that opportunity for them to make money. It will also force them to become investors although they are not by buying and holding, they already are. Looking into the future I suggest Cryptocurrency will suspend other past used currencies and take over, what do you think?
The sudden decrease of cryptocurrencies will happen, only the best will remain and taking over fiat currencies, if that's what you are describing can happen slowly.
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South Park
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September 02, 2020, 09:42:26 PM |
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I do not think that cryptocurrency can dominate over the entire financial system, but I am sure that it will become one of the most popular instruments in the world and this is already happening
Besides it is not as it is needed or as if it can happen, we need to understand that the governments and banks are two of the most powerful institutions around the world and they are not letting go of that power without a fight, and taking into account they have been in control of the economy for centuries it is unlikely this market will change that, but as I said it is not necessary, as long as I can invest in this market freely and I can buy products and services without any kind of issue in my mind this market would have served its purpose.
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ostrogoto2012
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September 02, 2020, 09:51:03 PM |
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I do not think that cryptocurrency can dominate over the entire financial system, but I am sure that it will become one of the most popular instruments in the world and this is already happening
In my opinion what you say doesn't make sense, real finance that brings a lot of money still ignores cryptocurrencies,for now, cryptocurrencies are just a drop in an ocean of money that goes around in important finance, then in the future we will see what it brings, for now it is still very early!
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Princejebs
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September 02, 2020, 10:13:03 PM |
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Cryptocurrency represents store of value at the same time volatile. It's riskier when you compare it with the traditional currency. About adoption, I believe we will see more of it but the road will be rough. The regulations bodies will want to fight this at every cost.
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Lorokan
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September 02, 2020, 10:21:13 PM |
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Few years back, I could remember Cryptocurrency wasn't really known by most people and the idea was joked with, even I myself didn't have a thought on it, but the growth of crypto is now alarming that almost all my friends are into one or two of it. Looking into the future I suggest Cryptocurrency will suspend other past used currencies and take over, what do you think?
I think it is not possible to look into the future, but you can predict the future to some certain extents. This depends on the level at which your research works are situated. A decade ago, there was the introduction of bitcoin, etherum, litecoin and other tokens; it takes a great skill to pick up bitcoin, etherum and not the tokens who struggled to survive
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