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Author Topic: What will be the most commonly USED crypto currency in the future?  (Read 466 times)
yat97 (OP)
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April 14, 2021, 06:17:05 PM
 #1

I think Bitcoin will be held like gold. Maybe even Ether as well.

But I'm personally thinking maybe dogecoin, maybe.... XLM and XRP, as well as Bitcoin cash, Dash, maybe lite coin. Of course USDT type.

I think many people, when the masses start using it more frequently. Will stick to older common coins that can be found at any crypto ATM and have the lowest fees and fastest transaction time.

Anyone disagree or have anything to add?

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April 14, 2021, 06:22:03 PM
 #2

All that you have mentioned except this and I'll remove bitcoin cash.

Will stick to older common coins that can be found at any crypto ATM and have the lowest fees and fastest transaction time.
I think in the distant future, majority of the investors will learn and will have a thought like yours that most old coins are reliable and there's no need for them to be bandwagon in investments.

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April 14, 2021, 06:50:30 PM
 #3

I think the best chance has Cardano. With Africa deal they will already become one of most used crypto currency. With that project going on in next couple of years they have a good chance to be most used crypto.
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April 14, 2021, 07:20:50 PM
 #4

What will be the most commonly USED crypto currency in the future?

Any reason why you did not mentioned Monero, GRIN or Doge?  All of them have secured network by emission and can keep transaction fees low. That is not the case with coins you mentioned.
yat97 (OP)
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April 14, 2021, 07:23:32 PM
 #5

What will be the most commonly USED crypto currency in the future?

Any reason why you did not mentioned Monero, GRIN or Doge?  All of them have secured network by emission and can keep transaction fees low. That is not the case with coins you mentioned.

I added Dogecoin as the first. Monero, unfortunately because it's much harder for people in the USA to obtain it. Other nations may follow suit.

I haven't heard of Grin
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April 14, 2021, 07:24:35 PM
 #6

I think the best chance has Cardano. With Africa deal they will already become one of most used crypto currency. With that project going on in next couple of years they have a good chance to be most used crypto.


Hmm... Yes, IF they can get the Africa deal, they might very well be. But that seems many many years away but if it happens. I think Cardano might be it. Then Doge, and the others. I really see Doge being up there.
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April 14, 2021, 07:57:14 PM
 #7

I think Bitcoin will be held like gold.

Bitcoin is already being held like gold, just like every asset. Another coin which will be in the same category like is Ripple and Cardano. They have good potential in the future. Though, Bitcoin will always remain the best.
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April 14, 2021, 08:20:31 PM
 #8

I think Bitcoin will be held like gold. Maybe even Ether as well.

But I'm personally thinking maybe dogecoin, maybe.... XLM and XRP, as well as Bitcoin cash, Dash, maybe lite coin. Of course USDT type.

I think many people, when the masses start using it more frequently. Will stick to older common coins that can be found at any crypto ATM and have the lowest fees and fastest transaction time.

Anyone disagree or have anything to add?



I'm not a fan of Bitcoin Cash. But I'm hoping to see Bitcoin continuing to be used as one of the best alternative currencies in the future. I have also big expectations from BNB and Ethereum especially.

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April 14, 2021, 09:17:43 PM
 #9

I think it will be the stablecoins the most used ones as currency futurely. Volatile crypto currencies tend to become a reserve of value, being held for staking and speculative reasons.
Unfortunatelly this is the negative side of crypto. People don't want to spend coins which can increase a lot in value yet. The called deflationary currencies.

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April 14, 2021, 09:29:02 PM
 #10

Bitcoin is already being held like gold, just like every asset. Another coin which will be in the same category like is Ripple and Cardano. They have good potential in the future. Though, Bitcoin will always remain the best.
Bitcoin is not only held like gold, but its getting to gold marketcap as well, we need like less than 10x to be above gold in market cap, that's totally reachable for bitcoin, we have done bigger increases. Obviously we should try to go even higher than gold eventually, that should not be our max cap and stay there, but the day we beat gold will be a great day for everyone who holds bitcoin.

This is why I believe bitcoin is the one and only when we are talking about mostly used common crypto. Sure other ones could have a better blockchain, they could improve upon what bitcoin built, but it's such a big coin right now that even if you build a project that is 100x times better in blockchain, that doesn't mean that it will be worth more or used more than bitcoin. Even at these high tx fee's bitcoin is still leading the world in transaction amounts.

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April 14, 2021, 09:41:18 PM
 #11

I think Bitcoin will be held like gold. Maybe even Ether as well.

But I'm personally thinking maybe dogecoin, maybe.... XLM and XRP, as well as Bitcoin cash, Dash, maybe lite coin. Of course USDT type.

I think many people, when the masses start using it more frequently. Will stick to older common coins that can be found at any crypto ATM and have the lowest fees and fastest transaction time.

Anyone disagree or have anything to add?
Bitcoin more likely will only become store on value same like Gold, Ethereum much better since it's offering different with use case with better Use case, It's smart contract can become a basis for financial process and everything and more transparently, faster & cheaper. XRP was good too since some bank already try to implement it, Beside that for fiat i suppose USDT still the main tools for now but since some country already experimenting with CBDC, It's going to be replaced later.

Lately some Decentralized Storage & Cloud was also come in to crypto Space like Arweave, CUDOS, AIOZ which will change everything. Well, let's wait for now and see what will happens!
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April 14, 2021, 09:46:50 PM
 #12

I think Bitcoin will be held like gold. Maybe even Ether as well.

But I'm personally thinking maybe dogecoin, maybe.... XLM and XRP, as well as Bitcoin cash, Dash, maybe lite coin. Of course USDT type.

Anyone disagree or have anything to add?


I think dogecoin may start taking too much of the shine. Dogecoin has surprised the crypto space by climbing this high to $0.11 despite the supply. Elon musk has been very instrumental to the growth of the coin and since then, we saw the growth.
 level. Dogecoin had a stop at 0.05 for more than two months just like bitcoin did around $56,000 but now it has moved just like bitcoin too. Dogecoin might keep taking all by surprise being a group or public project.
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April 14, 2021, 10:31:31 PM
 #13


Most used in terms of what? As a usual currency? As an investment?

I can say, at least 80% of all coins are being used, not in their respective use-cases but for investment type.

That trend will always be the situation so I would say BTC will be the only one that can hardly use both as a currency and investment within a long period.

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April 14, 2021, 11:05:41 PM
 #14

I think Bitcoin will be held like gold. Maybe even Ether as well.

Yes, BTC may be used as store of value than money or crypto.

But I'm personally thinking maybe dogecoin, maybe.... XLM and XRP, as well as Bitcoin cash, Dash, maybe lite coin. Of course USDT type.

I guess those coins that are quite cheap and the transactions are quick will likely be be the most used in like 5-10 years from now.

I think many people, when the masses start using it more frequently. Will stick to older common coins that can be found at any crypto ATM and have the lowest fees and fastest transaction time.

Anyone disagree or have anything to add?

Maybe we can see another crypto that will pop up and chase the status quo, but for now I will say that bitcoin is still the king and more people are going to used it as store of value, currency or as money.

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April 14, 2021, 11:14:53 PM
 #15

<snip>
Obviously bitcoin will be the most commonly used crypto. And beside that ETH, LTC will have vast use cases as well. Among all cryptocurrency, bitcoin is adopted by most of the companies and platforms. And I think it will be accepted at all platform in near future. Some other alts like ETH, LTC will have their chance after BTC. Still I consider dogecoin as a meme coin. Don't think that it will have much use case like other alts. Bch won't be used commonly and XRP lost it's fame for the SEC issue. The price growth of a crypto doesn't mean that it will be used commonly.

R


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April 14, 2021, 11:34:38 PM
 #16

For sure, BTC will hold the position for the best and safest "store of value". But there will be a loot of space for crypto like ETH because it will be a necessity for running DAPPs. Some of them will be using other chains like EGLD and I think that diversity is really good for a natural growth.
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April 15, 2021, 12:02:50 AM
 #17

I agree with your opinion. because many people will hold Bitcoin and Ethereum as if they were storing gold.
You need to know, actually Gold is a true stable value, where currency inflation seems to make the illusion of rising gold prices. Whereas what happened was that the price of money had fallen. Whereas Bitcoin is an asset that refers to the FIAT currency, the increase or decrease in the price of Bitcoin is due to the fluctuating supply and demand.

but I would like to add that for now a lot of people are keeping BNB because this coin has great potential because the market is very popular with many people.
a better reason is that BNB has succeeded in being a solution to the phenomenon of increasing transaction fees on the Ethereum platform, so that some developers (who also automatically bring their community) choose BSC to be their Dapps platform. That's why BNB has become popular at this time. We could see more intense competition when Ethereum 2.0 was released


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April 15, 2021, 01:18:51 AM
 #18

For me, the highest market cap cryptocurrencies is an indicator of the "most commonly used cryptocurrency".
But cryptocurrencies got different major uses, just like Bitcoin which is for payment, Ethereum for smart contracts.
If OP is referring to transactions or scalability, there are already lof of alternative cryptocurrency for Bitcoin now.

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April 15, 2021, 01:25:15 AM
 #19

I think Bitcoin will be held like gold. Maybe even Ether as well.

But I'm personally thinking maybe dogecoin, maybe.... XLM and XRP, as well as Bitcoin cash, Dash, maybe lite coin. Of course USDT type.

I think many people, when the masses start using it more frequently. Will stick to older common coins that can be found at any crypto ATM and have the lowest fees and fastest transaction time.

Anyone disagree or have anything to add?



I agree with your opinion. because many people will hold Bitcoin and Ethereum as if they were storing gold. but I would like to add that for now a lot of people are keeping BNB because this coin has great potential because the market is very popular with many people. and I also believe BNB will be very good in the future.

If you are updated in crypto currency market you can see it all there. If I will be ask what commonly used crypto in future is that Bitcoin because many people witness how it grows before achieving its level now. BNB also because of its potential to grow more and more. Many people believed and look forward for it's success in the future.


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April 15, 2021, 02:24:20 AM
 #20

I think Bitcoin will be held like gold. Maybe even Ether as well.

But I'm personally thinking maybe dogecoin, maybe.... XLM and XRP, as well as Bitcoin cash, Dash, maybe lite coin. Of course USDT type.
The most used cryptocurrencies will be listed on the top of market cap websites.

Coindesk is a top-notch websites for cryptocurrencies and they have Coindesk 20 List. The table lists 20 cryptocurrencies that are filtered by Coindesk. See their methodology descriptions from Coindesk Research team.

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