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Author Topic: What will be the most commonly USED crypto currency in the future?  (Read 548 times)
menoiazei
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April 15, 2021, 02:29:29 AM
 #21

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 15, 2021, 02:37:53 AM
 #22

I think it will be bitcoin no matter what because the fee transaction is so low and can be used to buy goods and any other crypto currency.

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April 15, 2021, 02:55:18 AM
 #23


It's already predicted since a few years ago if bitcoin = digital gold. That's why more and more companies were buying bitcoin as their long term reserved funds.
Bitcoin acts like a new digital gold with limited supply.

I don't even think you can consider doge, XRP and XLM would be the same as bitcoin. These coins have their own purpose like XRP to be a payment system.
XLM is not having good fundamental to be used as a store of value.

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April 15, 2021, 04:35:44 AM
 #24

I think it is clear that the bitcoin will be the most commonly used the crypto, and besides that etherem and the binance will also have the wide usage compared to other altcoins, because The eth and the bnb have the great potential to become the most valuable digital currency exchanges accompanying the bitcoin in the future. 
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April 15, 2021, 04:46:03 AM
 #25

I think stablecoins like Tather will be used in the future. Bitcoin and ethereum will not be included in it, because transaction fees are expensive and the price is quite high. so this can make it difficult for people if they want to use it everyday. if in the future crypto will replace FIAT, stablecoins are the most widely used choice for this. therefore stablecoins have the most likely to be used in general.

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April 15, 2021, 06:05:01 AM
 #26

If you're reffering the most "used" as the cryptocurrencies that very frequently being chosen for making some kind of payments or transaction then it's definitely those coins that has lowest fee, I usually uses tron for making payment online due to the fee and many payment gateway already accepting it but if it's the most used for various activities like trading, etc I guess it's bitcoin.


I think it will be bitcoin no matter what because the fee transaction is so low and can be used to buy goods and any other crypto currency.
If bitcoin's fee was not so high it could be the most used cryptocurrency for making transactions or purchasing goods but the fee could eat up the money sent easily but there's also wrapped btc or somekind that can be an alternative but still not widely accepted across payment gateways.

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April 15, 2021, 06:52:21 AM
 #27

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.
Yes you’re right for sure, I think the coins you have mentioned will be commonly used for transactions. Then as for Bitcoin and Ethereum, I am not going to judge by what’s happening right now whereby the fees for transactions is much, I believe that in the future the problems are going to be fixed for good.

Ethereum devs are already working towards the ETH 2.0 and when that one rolls out it’s going to solve a lot of problems that the main Ethereum had. Then as for Bitcoin, we thought before that the lightening network would be the solution, but it seems that is not it. So for now we will be waiting to see what would happen, but I know for sure that a lot of people will be making use of it more than other cryptocurrencies.

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April 15, 2021, 02:55:55 PM
 #28


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.

Oh sorry should have clarified but used as a currency. Not just invested in and it sits or is traded. But used for day to day transactions
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April 15, 2021, 05:03:01 PM
 #29

I think XRP will be one of the front-runners of the most commonly used cryptocurrency in the future. It is designed to be a payment system, after all. This will be used for day-to-day transactions with fewer fees compared to BTC or ETH. Additionally, it is fast and cheap.
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April 15, 2021, 05:13:30 PM
 #30

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.
You are right bitcoin may not be a commonly used coin as most people are preferring it holding and not making use of bitcoins for day to day life needs. So, coins which are having cheaper transaction fees will be the most used coin for sure. This way tron got plenty of choice to become a most commonly used coin. After tron, I guess dogecoins and weaves are having good opportunities to be used for most commonly for day to day life's needs. Let's wait to see who wins this race as per your criteria.
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April 15, 2021, 06:47:04 PM
 #31

I think like some have said Bitcoin will be held as gold and not used as a currency.

You could call me an Ethereum maximalist, but I also dont think Ethereum will be used as currency but as a store of value, similar to what Bitcoin is but for more complex use cases, NFTs and DeFi for ex, it's just too valuable for day to day stuff.

I would say from recent experience in a multichain game the coin that could be used as day to day currency will be be one with with a very low fees and fast transactions times. Candidates atm BNB, Cardano, Tron ... some other new coin.

If we're talking on pure volume, for the foreseeable future the most traded coin will probably continue to be a stablecoin, USDT or USDC.
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April 15, 2021, 06:59:27 PM
 #32

Few people consider stable coin after bitcoin itself. Bitcoin is obvious getting to the asset class like Gold and may sustain the scarcity irrespective altcoin dump. Stable coin can easily gain the trust of Governments because of its volatilty, which could improve adoption among countries for online trades. The only challenge for existing stable coins is the cash value to defend the market cap.

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April 15, 2021, 07:01:46 PM
 #33

I agree with you, the coin you mentioned above is a very potential coin in the future.
but for now I think BNB also has the potential in a better direction I can even say that Bitcoin will still be the parent of all coins and will be the King of Coins, ETH will follow in the same direction as bitcoin and BNB will have a chance In the same direction like ETH now.

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April 15, 2021, 07:17:08 PM
 #34

Bitcoin take priority if your focus is on the ones it is used most often. The adoption of bitcoin in large companies today will probably spark more adoption in the future so that bitcoin will continue to be the most widely used crypto as a mean of payment. There are several altcoin that may be a payment alternative and are used by many in the future and I think it should be a low fee altcoin.

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I am wondering why coindesk doesn't have BNB on their list.
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April 15, 2021, 08:04:22 PM
 #35

It's hard to say now. At the moment, the entire crypto market is still speculative and there are too many things on it that depend on external factors. There are too many cryptocurrencies on the market that are worthless and mean nothing, I mean in real life. Therefore, before talking about what the most useful currency will be in the future, you need to understand that this can only happen in the future in which the cryptocurrency will be decoupled from its financially speculative element. Otherwise, Bitcoin will be the most useful currency.

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April 16, 2021, 12:31:57 PM
 #36

I voted for Dash and faster cryptocurrencies will be used in the futures for retail transactions, XRP has a chance too for retail transactions. And for store of value like Gold, we will use bitcoin. Ethereum also will be use for buainess which use smart contract like renting an apartment.
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April 16, 2021, 12:39:51 PM
 #37

I voted for Dash and faster cryptocurrencies will be used in the futures for retail transactions, XRP has a chance too for retail transactions. And for store of value like Gold, we will use bitcoin. Ethereum also will be use for buainess which use smart contract like renting an apartment.

All coin that you mention has its own blockchain for coin circulation. I believe the coin that will be used in the future are those coin that can be transfer on different blockchain by using a universal blockchain bridge. So far there is no project like this but a coin that can be run on different blockchain will be the one who will in the future.

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April 16, 2021, 12:43:47 PM
 #38

For me, I'll still go with bitcoin, ethereum, binance and ripples. If virtual currency will commonly be used all over the globe, those coins will be the useful currency for most people and transactions. In fact, smart contracts also have a high potential to be publicly utilized by the people if that time will come.

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April 16, 2021, 01:28:23 PM
 #39

I think mostly have big percentage possibility to be used depends on fees and speed transaction maybe BNB or BSC. I mean, by price already bitcoin and ethereum have high fees that we want to use it or maybe to withdraw or send or do anything else with it. But BNB itself always depends on how Binance progress.

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April 16, 2021, 02:43:30 PM
 #40

I think a privacy coin like XMR is a prime candidate. if crypto replaces FIAT in the future, then privacy coins will have a spike in demand. but stablecoins also have opportunities, because if everyone wants to use them, one of the conditions is that their value must be stable.

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