CoinOp (OP)
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Activity: 88
Merit: 11
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November 23, 2020, 08:36:04 PM |
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Somethings I remember generating a lot of excitement at first. Mining, when it could still be done with graphics cards and early mining machines. Gambling, the early sites SatoshiDice and later Just-Dice had huge followings. Looks like there is still a lot of crypto gambling just split up over many more sites now. The early Altcoins such as Dogecoin and Huntercoin. Tokens and Dapps made possible with Ethereum. Earlier Tokens with the airdrops were very profitable. Dapps looked very promising at first, not sure they've lived up to it yet.
What do you think is next?
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Wysi
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November 23, 2020, 08:51:06 PM |
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Next big thing would be acceptence of Bitcoin and other crypto coins on a real-time basis which is bit difficult due to volatility, developers should focus on how to make cryptos usable like any other online payment method or the purpose it's developed instead of just leaving it as a investment medium because the core objective of crypto coin is to make our lives easier and upgrade ourself with next level of technologies which is need of the hour.
I feel Bitcoin and other altcoins needs to focus on adaptability by having tie up with tech startups and gradually move on to wider range of audiences.
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coupable
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November 23, 2020, 09:21:04 PM |
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Mining, when it could still be done with graphics cards and early mining machines. Gambling, the early sites SatoshiDice and later Just-Dice had huge followings. Looks like there is still a lot of crypto gambling just split up over many more sites now. The early Altcoins such as Dogecoin and Huntercoin. Tokens and Dapps made possible with Ethereum. Earlier Tokens with the airdrops were very profitable. Dapps looked very promising at first, not sure they've lived up to it yet.
Something you've missed in your list which has been there since ever. It's HODL. Holding bitcoin or other cryptocurrencies you think it's really valuable for a medium to long periods would generate the profit you dream about . Those who bought to hodl btc before December 2017 are actually financially satisfied. Gambling, mining, and alts are all for fast profit and are all somehow a sort of gambling as you predicted that the method is profitable, when for btc if you think it's the currency of the future than you would never lose; at least for the next decade .
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Viscore
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November 23, 2020, 09:40:04 PM |
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Have we missed any? I think there's nothing. Everything is there as you have mentioned. But asking what is the next big thing, I have been thinking about another group of crypto projects that we never know. From, ICO, IEO, Defi, and next.
I don't think there is a need to have this because we already have plenty of crypto projects, in fact, a lot of them been abandoned or even dead. What we need now is to have the full adoption of the system, to widen the consideration of Bitcoin, and let people enjoyed this without thinking the authorities will apprehend them or put them in jail.
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Twinkledoe
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★Bitvest.io★ Play Plinko or Invest!
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November 23, 2020, 09:45:32 PM |
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Have we missed any? I think there's nothing. Everything is there as you have mentioned. But asking what is the next big thing, I have been thinking about another group of crypto projects that we never know. From, ICO, IEO, Defi, and next.
I don't think there is a need to have this because we already have plenty of crypto projects, in fact, a lot of them been abandoned or even dead. What we need now is to have the full adoption of the system, to widen the consideration of Bitcoin, and let people enjoyed this without thinking the authorities will apprehend them or put them in jail.
There will always be next after DeFi, but we don't know yet. But I really hope that in the very near future, the adoption of lightning network be massive. To address the problem of high tx fees in the regular btc network, LN is really one of the solutions. But not most people are familiar with using this network. So if in case, LN will have good adoption, I guess a lot of people will be happy using btc as their payment method.
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ReiMomo
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Duelbits - $100k Bonus/week
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November 23, 2020, 09:48:50 PM |
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~snip~ What do you think is next?
Next? I'm waiting when a country of America and other countries that banned bitcoin will adopt bitcoin and allow people to use it and be acceptable in all medium exchanges worldwide. It's kind of a big event right there, even if the president of the US will announce legalizing crypto usage. Beyond that, I guess there's nothing to be a big next event, we had all it now and I think people have learned already about crypto. For over 10 years plus of existence, the awareness was now continuously scattered. The next big event that I expected is the worldwide adoption of crypto, especially bitcoin.
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Yaunfitda
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November 23, 2020, 09:52:27 PM |
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Being universally accepted as payment method by online and offline stores, this was the true design by Satoshi himself so it somewhat we see online stores "bitcoin accepted here' logo then perhaps this will be the ultimate fulfillment to all of us. I don't know if you heard about the Defi, but this is the big thing, however, it was just pure hype as altcoin has evolved from IEO-ICO-DEFI-???
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R |
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Casdinyard
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November 23, 2020, 10:22:43 PM |
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Mass adoption, I think, is the next big thing. We have seen its market value develop as years are passing by as well as its spread of popularity. And now, it is more exposed to the masses and IMO, this technology will soon be more accepted in the world market as a mode of payment but not primarily the only medium. It would more likely co-exist with other digital currencies. But I doubt it will already be used in daily transactions because its market price's volatility is still profitable to invest. So maybe, once its market price stabilises, that will only be the time its advantages will be taken advantage at its fullest, in transactions.
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blockman
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November 23, 2020, 10:22:54 PM |
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Defi is the current trend and thinking what's next? we'll never know. Is there any new type of crowdfunding that's becoming popular other than the past styles of ICO, IEO and Defi? I don't think that we get to see one of them. I thought that IEO was going to be one of the longest wave but it didn't looked like it did. Being backed by a known exchange looks a win-win for the projects but still, it didn't lasts. Next could be the governmental interference for such crowdfunding.
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CODE200
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November 23, 2020, 10:36:18 PM |
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Mass adoption, I think, is the next big thing. We have seen its market value develop as years are passing by as well as its spread of popularity. And now, it is more exposed to the masses and IMO, this technology will soon be more accepted in the world market as a mode of payment but not primarily the only medium. It would more likely co-exist with other digital currencies. But I doubt it will already be used in daily transactions because its market price's volatility is still profitable to invest. So maybe, once its market price stabilises, that will only be the time its advantages will be taken advantage at its fullest, in transactions.
So maybe, accepted in a way it will just be recognize? and not be fully used based on its purpose which is being a digital currency. Its volatility I think is still an issue to why many people are afraid to put their savings into it because they will be exposed to risk of losing money from doing so, especially at times wherein the market price is falling. Since those people are not aware of its true nature, we really cannot blame them from doing so. Thus, further development is more likely to happen in the future regarding this issue.
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gmakaveli
Jr. Member
Offline
Activity: 34
Merit: 1
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November 23, 2020, 10:49:18 PM |
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Next big thing would be acceptence of Bitcoin and other crypto coins on a real-time basis which is bit difficult due to volatility, developers should focus on how to make cryptos usable like any other online payment method or the purpose it's developed instead of just leaving it as a investment medium because the core objective of crypto coin is to make our lives easier and upgrade ourself with next level of technologies which is need of the hour.
I feel Bitcoin and other altcoins needs to focus on adaptability by having tie up with tech startups and gradually move on to wider range of audiences.
I agree with your point, but for me personally Bitcoin isn't "making our lives easier and upgrade ourself with next level of technologies", it's rather a safenet against banks, gov control and crises which we are on the verge of
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Harlot
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November 23, 2020, 11:09:56 PM |
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Plus on the mass adoption really since right now if we want to see Bitcoin grow we must look at it in the long term way and see if Bitcoin is really being accepted in terms of its demand. Right now we are seeing news about companies buying Bitcoin from their cash reserves and also companies like Paypal integrating Bitcoin into their system, this are just some signs that Bitcoin is indeed being accepted in the commercial stand-point. Now we have to wait if this will also be embrace by the consumers who are looking for alternative modes of payment.
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dolberg231
Newbie
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Merit: 0
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November 23, 2020, 11:11:45 PM |
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Dacă doriți să obțineți profit din bitcoin, atunci ar trebui să faceți tranzacții zilnice și vă sugerez să tranzacționați cu Sarah Barton. O fac de mai bine de 1 an și mă descurc. Puteți ajunge la ea prin e-mailul ei, sarahtrader101@gmail.com
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hatshepsut93
Legendary
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Activity: 3038
Merit: 2155
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November 23, 2020, 11:24:35 PM |
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The last two big things were DeFi and ICO. Both were hyped because of their supposed decentralization, while on practice no one really cared about decentralization, it was always about making money on a speculative market and selling shitcoins to suckers. The next big thing will likely be some new form of tokens that will be hyped as a replacement for some part of traditional finance, maybe decentralized insurance tokens or something like that. Of course it will never be used on practice, just like ICO didn't replace stocks or DeFi didn't replace traditional finance.
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Asuspawer09
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November 23, 2020, 11:56:36 PM |
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Somethings I remember generating a lot of excitement at first. Mining, when it could still be done with graphics cards and early mining machines. Gambling, the early sites SatoshiDice and later Just-Dice had huge followings. Looks like there is still a lot of crypto gambling just split up over many more sites now. The early Altcoins such as Dogecoin and Huntercoin. Tokens and Dapps made possible with Ethereum. Earlier Tokens with the airdrops were very profitable. Dapps looked very promising at first, not sure they've lived up to it yet.
What do you think is next?
I guess reaching the ATH of bitcoin could be the next big thing in crypto this time. Reaching the ATH of bitcoin is difficult and we could really notice a lot of resistance in the market price around 10k$ -18k$ but still, the market price is close to reaching the 19k$ price. It is possible to have a lot of adaptation in the cryptocurrency just like what Paypal did in the past month trying to adopt to cryptocurrency. Or something like a new technology could also be created that is more superior to bitcoin.
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SquirrelJulietGarden
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November 24, 2020, 01:11:39 AM |
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The next big thing in bitcoin or crypto is bad news that can be anything from law regulations, restrictions, bans to exchange hacks. I see many of bad news were released when the market heated up to much.
The market now is over heated for both bitcoin, altcoins, DeFi and Tether USDT (it was minted millions weeks ago).
The posititve changes for developments, acceptances, adoptions, increase capital flow from institutional investment are all known and it takes more time to grow more. It won't happen in few weeks till the end of 2020.
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Lorence.xD
Sr. Member
Offline
Activity: 1624
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Leading Crypto Sports Betting & Casino Platform
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November 24, 2020, 02:12:32 AM |
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Next big thing would be acceptence of Bitcoin and other crypto coins on a real-time basis which is bit difficult due to volatility, developers should focus on how to make cryptos usable like any other online payment method or the purpose it's developed instead of just leaving it as a investment medium because the core objective of crypto coin is to make our lives easier and upgrade ourself with next level of technologies which is need of the hour.
I feel Bitcoin and other altcoins needs to focus on adaptability by having tie up with tech startups and gradually move on to wider range of audiences.
It will be difficult because there will be cables needed like in the Stock Exchanges so the prices are relayed as fast as possible. This will not be just developers in action because infrastructures are involved if we want to achieve a real time basis for ever fluctuating prices of bitcoin. I think that adaptability is already happening with more tech giants integrating blockchain technology on their system like Paypal, it will only be a matter time and all systems requires to be blockchain integrated.
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LogitechMouse
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Paldo.io - Crypto Airdrop Database
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November 24, 2020, 02:15:36 AM |
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Adoption of different institutions, merchants and establishments. This is I think the next one to happen with crypto as a whole.
It is slowly gaining traction already and various institutions are already starting to buy Bitcoin and other coins. We are seeing crypto market going bullish right now and I believe that more and more will accept this in the future.
Aside from adoption, regulations coming from the government might happen too not this year possibly but next year maybe.
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carlisle1
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November 24, 2020, 02:47:14 AM |
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of course what we all waited for long time,and that is the fully acceptance of bitcoin in all areas of living,From Payments to being asset.
though there maybe new one that will pop up in future but all of us are longing for the complete adoption.Not only for Bitcoin but the Whole crypto community.
i'm always Longing that one day when i wake up in the morning,and going to work is i can use my Crypto paying taxi ,train or Bus.
Buying coffee,juice or sandwiches in vendo machines.
And when going out with my family,i don't have to bring a single cents in my pocket but all crypto is functional in their various fields .
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sheenshane
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November 24, 2020, 03:58:34 PM |
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OP didn't have missed any in fact he/she has stated everything but the mere fact he wanted to know what will be the next big event for Bitcoins or the entire cryptocurrencies remains unknown, speculations could be global adoption and become the future currency. I tend to agree with this but to know when we still cannot provide the exact date nor a period of time.
With the recent report that bitcoin already surpassed Mastercard in terms of total value circulating in the global market, we can say now that in the soonest time global adoption can be reached and bitcoin can exercise its full potential as a currency.
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