There is something wrong with cryptocurrencies?

[impulse709]

Seems like a legitimate question but that's not going to happen except that something is wrong with the market and you will see people selling their cryptocurrencies one by one. but to profit from it. it... that's not easy.
There are a lot of consequences just like any other business but there are more risks here. I think when entering this world of space we have to accept the first thing that is risk because Cryptocurrencies are very volatile.

[Twinkledoe]

What would happen if everybody wants to exchange for a real money?

This is something that is unlikely to happen . There are so many people in this planet investing in crypto and each of them has Thier own plans .
Some just don't want to cash out yet but if let says your thoughts will come true then crypto will fall down and can go to zero .

If it is so good why there is a need for exchange rate to the real money?

Crypto has a value that's why it has an exchange rate . Everything that has a value has an exchange rate , we are not in the old times anymore .

The scenario won't happen because every crypto user has their own preference on when to sell or buy, or hold their coins. It will not be the case that at some point, everyone wants to cash out. And owed to the supply and demand, the reason why crypto has value in the market.

And regarding OP's problem with people calling him, maybe he signed up for something why these callers are trying to offer their services. He should block those numbers if he doesn't want to receive the calls or need to be careful in signing up forms via internet.

[adzino]

What would happen if everybody wants to exchange for a real money?

Price of the coin would start crashing. Others will take the opportunity to buy it cheap. Price will then recover and the cycle will keep on going. On other hand, if everyone starts to sell, then the price would crash and then eventually reach to zero.

I consider it not fair to mine cryptocurrencies?

Why? They help keep the network secure and process your transaction. You should learn about mining.

Why recently I needed to block about 30 phone numbers constantly calling me to invest money in cryptocurrency? Is it going to finish soon because of having probblems not to be fed this pyramide game with real money?

Someone probably sold your data. Just change your number.

[osasshem]

What would happen if everybody wants to exchange for a real money?
I consider it not fair to mine cryptocurrencies?
If it is so good why there is a need for exchange rate to the real money?
Why recently I needed to block about 30 phone numbers constantly calling me to invest money in cryptocurrency? Is it going to finish soon because of having probblems not to be fed this pyramide game with real money?

I don't think everybody will at once want to withdraw or convert their crypto holding to cash, even if there is a major crash of the market. There are so much believers in this system that even at such crash, buyers and investors will come in to fill up bags for the long run. Bitcoin and crypto currency at large has earned so much trusth from users round the world that even with ban and restrictions, the use of crypto currency will still remain.

Exchange rate to real money is needed as there is a standard for the international sales. Dollar is used to purchase things internationally, because it can be easily converted to our local currency, so it is in the crypto world, without an exchange rate or a standard rate, there will be losses from one side and gain at the other side. The two parties needs to make a fair play for the side not to be cheated in some way.

Crypto currency is not a pyramid scheme or game, it is you as a boss of yourself in the digital world, and it is also a certain thing that everyone wishes to buy low, so that when the profit comes, even in the smallest means, it should show (maybe that's why those calls kept on coming).

[TelolettOm]

What would happen if everybody wants to exchange for a real money?

Just do it as long as you want fiat for your daily life or certain necessary.

f it is so good why there is a need for exchange rate to the real money?

Cryptocurrency has some purposes and fundamentals. Everyone wants to change to fiat or money because they need it. And many people are trading them so that they can take profits. As long as they still have a good market cap and volume, they will be worth even we are always exchanging to fiat again and we will also buy more coins again to take profits.

[Quidat]

What would happen if everybody wants to exchange for a real money?
I consider it not fair to mine cryptocurrencies?
If it is so good why there is a need for exchange rate to the real money?
Why recently I needed to block about 30 phone numbers constantly calling me to invest money in cryptocurrency? Is it going to finish soon because of having probblems not to be fed this pyramide game with real money?

Crypto does have monetary value so its just normal that people would really be making exchanges and since crypto isnt fully adopted yet then they would  really need to do such thing.

Supply wont be totally circulate if miners doesnt exist.Aside on mining new coins,theyre also responsible on pushing up transactions to confirm.

Those are just typical scammy attempts on where those scammers do really hook up newbies which are greedy.So avoid them at all cost! There's no such thing about easy money.

[Vaculin]

f it is so good why there is a need for exchange rate to the real money?

Cryptocurrency has some purposes and fundamentals. Everyone wants to change to fiat or money because they need it. And many people are trading them so that they can take profits. As long as they still have a good market cap and volume, they will be worth even we are always exchanging to fiat again and we will also buy more coins again to take profits.

They need to convert into fiat for the instance that they can't enjoy using it as a currency as it was not yet accepted as a currency at their place. People usually think it was no used at all if that is only the case they need to convert it and ended up paying some fees which are already losses on their side.

I understand their sentiment and also with OP but it was not meant that there is a problem or something wrong with the cryptocurrency, it was just to happen that acceptance of cryptos as a mode of payment isn't yet a practice and we end up converting fiat.

[oktana]

What do you think will happen if everyone told the bank that they wanted to get their money? That is similar for Bitcoin too. Here's what I'll tell you, look at Bitcoin as you would look at fiat(as money). However, there are so many differences; that Bitcoin cannot be seen with the eye and has a limited supply, Bitcoin is owned and stored by you, etc. Bitcoin is actual money!