Study Says - 50% Drop In Cryptocurrency Transactions Will Happen This Year

[angeloanggam]

As the article said, cryptocurrency transactions will drop but Bitcoin might be holding on as a payment technology alternative.

A 50% Drop In Cryptocurrency Transactions This Year Is imminent

However, a 50% drop is as bad as it gets. In the midst of left and right financing from companies who are now considering cryptocurrency as a potential option.

Do you think this study is true? Aside from adoption, is there any possible way to help turn the tides for cryptocurrency?

[CtrlAltBernanke420]

who cares… Bitcoin doesnt care.. Bitcoin is not going to die. What are you worried about?

WHY THEFUCK ARE YOU ALL SO WORRIED about bitcoin failing. the smallest uptick in users will causes the price to go parabolic. Once a real word case of necessity is made, transaction volume will go through the roof.

[cr1776]

If he really said "as proof" then this is complete BS.

Even if he didn't say that, it is merely opinion and no one can say whether it is true or not.

[pedrog]

Actually, the study doesn't conclude bitcoin transactions will reduce 50%, it says the dollar amount of transactions will reduce up to 50%, which is a major difference.

Here's the study http://www.juniperresearch.com/research/cryptocurrency

You can find articles around the web with the conclusions.

[angeloanggam]

Actually, the study doesn't conclude bitcoin transactions will reduce 50%, it says the dollar amount of transactions will reduce up to 50%, which is a major difference.

Here's the study http://www.juniperresearch.com/research/cryptocurrency

You can find articles around the web with the conclusions.

Yeah. Its in dollars. That's what the article said.

The problem is, you dont click and read the article and just comment. Hmmmmm..

You're creating confusion.

[tadakaluri]

As the article said, cryptocurrency transactions will drop but Bitcoin might be holding on as a payment technology alternative.

A 50% Drop In Cryptocurrency Transactions This Year Is imminent

However, a 50% drop is as bad as it gets. In the midst of left and right financing from companies who are now considering cryptocurrency as a potential option.

Do you think this study is true? Aside from adoption, is there any possible way to help turn the tides for cryptocurrency?

The Author himself said "I believe that cryptocurrency as a whole might face a decrease of transactions made this year but Bitcoin will continue to flourish as a alternative payment technology for people around the world. "

There is nothing about death of Bitcoin!! Bitcoin must have bright future!!!

[Chef Ramsay]

Sounds dubious at best. All of a sudden in the rebound year after a bear market while all the fundamentals are building we're gonna see transactions slashed by half this year, doubt it by a long shot. It will only increase as time goes by and so many things will get better this year, including the price, that it's become laughable to mention otherwise. The fog is lifting and the sun is starting to seep through, the bull comes soon.

[maurya78]

I disagree with the findings of the report, let's wait and see what happens

[ajaxmoor]

As the article said, cryptocurrency transactions will drop but Bitcoin might be holding on as a payment technology alternative.

A 50% Drop In Cryptocurrency Transactions This Year Is imminent

However, a 50% drop is as bad as it gets. In the midst of left and right financing from companies who are now considering cryptocurrency as a potential option.

Do you think this study is true? Aside from adoption, is there any possible way to help turn the tides for cryptocurrency?

Do you mean in the total number of transactions ?
How would that affect its price the following days ?

[Beliathon]

Do you think this study is true? Aside from adoption, is there any possible way to help turn the tides for cryptocurrency?

When speaking of future tense, you are not asking if something is true, but if a prediction is believed to be accurate.

[LiteCoinGuy]

who cares… Bitcoin doesnt care.. Bitcoin is not going to die. What are you worried about?

WHY THEFUCK ARE YOU ALL SO WORRIED about bitcoin failing. the smallest uptick in users will causes the price to go parabolic. Once a real word case of necessity is made, transaction volume will go through the roof.

  sometimes i feel the same bro

[turvarya]

I didn't get it:
Why would it decrease?
What exactly is he talking about? This?

[Dondie]

As the article said, cryptocurrency transactions will drop but Bitcoin might be holding on as a payment technology alternative.

A 50% Drop In Cryptocurrency Transactions This Year Is imminent

However, a 50% drop is as bad as it gets. In the midst of left and right financing from companies who are now considering cryptocurrency as a potential option.

Do you think this study is true? Aside from adoption, is there any possible way to help turn the tides for cryptocurrency?

The Author himself said "I believe that cryptocurrency as a whole might face a decrease of transactions made this year but Bitcoin will continue to flourish as a alternative payment technology for people around the world. "

There is nothing about death of Bitcoin!! Bitcoin must have bright future!!!

I really dont care about other cryptocurrency. I just want Bitcoin to withstand everything. Including studies and researches.

[JohnsCasino]

Did they correctly predict the rise in transactions last year?

[Q7]

I'm not sure exactly what metric they use for their study as the explanation doesn't go into that detail or how they arrive and come up with that conclusion but one thing for sure, i believe with adoption rate on the increasing trend that should track towards the positive side. Not the other way round. Or there is something else i missed out.

[redhawk979]

who cares… Bitcoin doesnt care.. Bitcoin is not going to die. What are you worried about?

WHY THEFUCK ARE YOU ALL SO WORRIED about bitcoin failing. the smallest uptick in users will causes the price to go parabolic. Once a real word case of necessity is made, transaction volume will go through the roof.

Its been nearly 6 years, when is that "real world case of necessity" coming around?

[Lauda]

Very useless article. This "study" must be based on real facts.
What is the point of this thread?

[pitham1]

Actually, the study doesn't conclude bitcoin transactions will reduce 50%, it says the dollar amount of transactions will reduce up to 50%, which is a major difference.

Here's the study http://www.juniperresearch.com/research/cryptocurrency

You can find articles around the web with the conclusions.

Yup, that is way different.
If people were using bitcoins to gamble and bitcoin loses half its value, the dollar value of bitcoin transactions would reduce by half too.

[countryfree]

Actually, the study doesn't conclude bitcoin transactions will reduce 50%, it says the dollar amount of transactions will reduce up to 50%, which is a major difference.

Here's the study http://www.juniperresearch.com/research/cryptocurrency

You can find articles around the web with the conclusions.

The whole report with all details (82 pages) is available for a cool £1,750! And you can't even pay with BTC!

I think I shall start a poll. Does one prefer to buy 10 BTC or buy this report?

My sincere opinion is that anyone choosing to buy the report should be lobotomized.

[687_2]

As the article said, cryptocurrency transactions will drop but Bitcoin might be holding on as a payment technology alternative.

A 50% Drop In Cryptocurrency Transactions This Year Is imminent

However, a 50% drop is as bad as it gets. In the midst of left and right financing from companies who are now considering cryptocurrency as a potential option.

Do you think this study is true? Aside from adoption, is there any possible way to help turn the tides for cryptocurrency?

Did anyone here even read the article before commenting here? It is behind the biggest paywall I've ever seen.

Total:    £1750.00