Adoption Over Bull Run - page 2. | Bitcointalksearch.org

Daha19

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Quote from: firmino10 on July 26, 2019, 08:20:27 AM

I see a lot of people complaining about the volatility of crypto market with the prices of all their altcoins have reducing drastically, and they hope for the bull run to come and everything should increase. I think that the bull run is not the best solution to the volatility of the crypto market, but adoption.

The best and main solution to the volatility of the crypto market is real world adoption. There are alot of cryptocurrency project that are very good and innovative but are not yet adopted that people outside the crypto space (which is a few percentage of the world economy), therefore there value is subjected to the market changes. But if they get adopted by the real world and there token value is based on the real economy (i.e daily usage by people) then the value would be on the increase regardless of whether the market is bullish or bearish.

Cryptocurrency volatility is very good, some coins managed to make + 300% since the beginning of the year and, apparently, they can go further in the near future

andika2018

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Quote from: firmino10 on July 26, 2019, 08:20:27 AM

I see a lot of people complaining about the volatility of crypto market with the prices of all their altcoins have reducing drastically, and they hope for the bull run to come and everything should increase. I think that the bull run is not the best solution to the volatility of the crypto market, but adoption.

The best and main solution to the volatility of the crypto market is real world adoption. There are alot of cryptocurrency project that are very good and innovative but are not yet adopted that people outside the crypto space (which is a few percentage of the world economy), therefore there value is subjected to the market changes. But if they get adopted by the real world and there token value is based on the real economy (i.e daily usage by people) then the value would be on the increase regardless of whether the market is bullish or bearish.

Adoption might be able to help strengthen altcoin prices but prices must depend on supply and demand in the market. For the adoption of altcoin, it may still be a matter of time because many governments do not yet have clear regulations on cryptocurrency while current price movements are more dominated by market speculation

michellee

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The bull run will come but the adoption still running until now. In the right time, the bull run will happen, and that will attract the adoption to grow in many places, so it will lift the price up, but then, as usual, there will be a time for the correction of the price and the price will adjust to a new rate which will stable for a while. I think the bull run is near to come and bitcoin price now trying to back to the highest price first before the bull run comes, but I don't think that the bull run will come too fast because the price now still slowly to increase.

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Quote from: firmino10 on July 26, 2019, 08:20:27 AM

I see a lot of people complaining about the volatility of crypto market with the prices of all their altcoins have reducing drastically, and they hope for the bull run to come and everything should increase. I think that the bull run is not the best solution to the volatility of the crypto market, but adoption.

But, adoption and bull run are interlinked. It means one is happening depending upon the rate of another's happening. At the same time, we must understand that the volatility of crypto market is something we cannot do anything about that but we must need to get practiced to that so that we can focus on more profit making chances by making use of this of volatility these markets.

Quote from: firmino10 on July 26, 2019, 08:20:27 AM

The best and main solution to the volatility of the crypto market is real world adoption.

I agree. But, mainstream adoption will be possible only bitcoin and other crytos are having some big value so that more number of people will be coming forward to adopt a new kind of payment system. This is the reason I am claiming both volatility/bull-run and adoptions are interlinked.

BryanK

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I think you are absolutely right. But today we are developing a trend of speculation rather than a trend of innovation and discovery. We see a lot of underrated coins. This is very sad. For example, XRP is used in the banking sector and is very important for society, but it coin have very little price and people do not pay enough attention to it.

Coltpython

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Like a thread I recently visited, demand should take priority. Adoption and demand goes hand in hand. It will make the bull run blow even more epic in proportions.

traderethereum

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When the adoption happens in all country, cryptocurrency will explode, and that means, we will see a new rise of the cryptocurrency.
In that time, there will be many people comes to the cryptocurrency and they are curious about the cryptocurrency so they will learn more.
Maybe the adoption will happen soon as we know that now, many countries are trying to accept cryptocurrency so their people can have a new way to make money.

Patrix_1

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Right now we are too far away from reaching the mass adoption and the first reasons are scam projects that are taking place every single day. Until we would be able to eliminate them, I prefer to have several bullruns in the meantime.

redsun114

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Quote from: killat on August 01, 2019, 12:31:11 PM

I think it might take some while until mass adoption. None of my clients agreed to switch to crypto when I offered them that. Everybody is scared, even though paying me is a huge pain in the ass. I guess it's not the right time yet.

With time, they will come around. Cryptocurrency technology is not really easy to understand, I remember when I was first introduced to cryptocurrency, I ignored it too and I thought it was another Ponzi scheme, it actually sank a bit into my head then, but I never really took it.

It was the second time that I head of it that I took it into consideration and I believe those people you spoke about it too will still have a rethink of it because they must surely hear it again somewhere and that will make them want to reconsider it and also know more about it.

The adoption is still very low because it is a new system, and I believe that there will be a time that the adoption will be very high. One of the reason why we have not also seen the adoption that we need is because we don’t have regulation yet, so some people think because government is against it, it will be illegal for them to use it.

anjho.ace

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Quote

I see a lot of people complaining about the volatility of crypto market with the prices of all their altcoins have reducing drastically, and they hope for the bull run to come and everything should increase. I think that the bull run is not the best solution to the volatility of the crypto market, but adoption.

just wait for the bull season and everyone who are complaining will just shout being happy on their profit.
People are always people, they will never be happy at this stage while some are happy gathering more tokens who are down.

ishirut009

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Quote from: firmino10 on July 26, 2019, 08:20:27 AM

I see a lot of people complaining about the volatility of crypto market with the prices of all their altcoins have reducing drastically, and they hope for the bull run to come and everything should increase. I think that the bull run is not the best solution to the volatility of the crypto market, but adoption.

The best and main solution to the volatility of the crypto market is real world adoption. There are alot of cryptocurrency project that are very good and innovative but are not yet adopted that people outside the crypto space (which is a few percentage of the world economy), therefore there value is subjected to the market changes. But if they get adopted by the real world and there token value is based on the real economy (i.e daily usage by people) then the value would be on the increase regardless of whether the market is bullish or bearish.

i strongly agree with all that you've said. That is why i invested myself in coins/tokens that i know got a lots of advantages when it comes to adoption. Some of them are vechain and eth. I invested in vechain because of its background and that can push adoption. Eth is already adopted but it needs more progress.

dark08

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Quote from: firmino10 on July 26, 2019, 08:20:27 AM

I see a lot of people complaining about the volatility of crypto market with the prices of all their altcoins have reducing drastically, and they hope for the bull run to come and everything should increase. I think that the bull run is not the best solution to the volatility of the crypto market, but adoption.

The best and main solution to the volatility of the crypto market is real world adoption. There are alot of cryptocurrency project that are very good and innovative but are not yet adopted that people outside the crypto space (which is a few percentage of the world economy), therefore there value is subjected to the market changes. But if they get adopted by the real world and there token value is based on the real economy (i.e daily usage by people) then the value would be on the increase regardless of whether the market is bullish or bearish.

Yes super agree to you massive adoptation is one of cryptocurrency need in this kind of situation because adoptation can help cryptocurrency to increase we already experienced again a bull market but compare to 2017 bull run this one is slowly but surely. I believe in the near future cryptocurrency will be use all over the world.

No One

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This is really a good idea. So far I think adoption and daily usage of coins in the market is minimal and I am strongly on this side of using coins in our day to day life. As a result, no bull run is required for price of coins to increase.

OliverBuracBTC2017

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I think adoption will help in the consistency of the value of cryptocurrency. However, not all are aware of cryptocurrency and still not sure if those are safe. If somehow that a lot of people has bought or have invested in cryptocurrency, that will bring on the long run earnings for them and values would somehow increase.

crenfrosck

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I would say that there is a slight correlation between them. As you have mentioned, all those XYZ tokens/coins are in hands of just a few per cent of a population. However, if they are in hands of more people, the will become more decentralized, no entity will hold (THAT) much power over the market and the price should be more stabilized. Adoption will bring more profit over the long-term than trying to squeeze as much as possible from the market at the moment. I agree with your statement after all Wink

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HodlerKing101

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That's definitely the way of thinking that the crypto community needs and not just focus on the price itself because it will eventually come. There are projects there helping mass adoption by introducing hardware with blockchain technology to companies and for them to use. This will serve as an eye-opener to giants in the space and have them use crypto/blockchain as a part of their system. Once we get mass adoption, the bull run will definitely follow along.

Menawi12

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Quote from: firmino10 on July 26, 2019, 08:20:27 AM

I see a lot of people complaining about the volatility of crypto market with the prices of all their altcoins have reducing drastically, and they hope for the bull run to come and everything should increase. I think that the bull run is not the best solution to the volatility of the crypto market, but adoption.

The best and main solution to the volatility of the crypto market is real world adoption. There are alot of cryptocurrency project that are very good and innovative but are not yet adopted that people outside the crypto space (which is a few percentage of the world economy), therefore there value is subjected to the market changes. But if they get adopted by the real world and there token value is based on the real economy (i.e daily usage by people) then the value would be on the increase regardless of whether the market is bullish or bearish.

I agree that adoption can be a key factor for altcoins so that prices can rise. With adoption, a project will make money and make a profit, this will keep investors coming and investing. A good Altcoin is altcoin that has good products and can be used in the real world

gundala

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most developers now have a good program for their community, even we know when there is a launch of a new project they are displaying their team and they have advisors in economics. I think they already have innovation and adopted the latest economic progress for their program.
the problem now is that many of them are not consistent with their own programs, such as inconsistencies in the road map or anything that makes community trust decline.
when the community no longer believes in a project, this is one of the causes of falling demand, which makes it difficult for prices to grow.

nutriagrigia

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i agree with you if adoption is also mean bigger cap, but if it's just an adoption without massive money injected into crypto, i think it's better if bull coming once again. Anyway ive learn something important after 2018's bear, ive learn to never buy any coin outside big 50 market cap again in the future. Stick with bitcoin is what I'm doing now

Do not buy coins that are not in the top 50? Remember that most of the coins that are now in the top 50 were not there before. they collected a lot of money and pushed many coins from the first places

killat

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I think it might take some while until mass adoption. None of my clients agreed to switch to crypto when I offered them that. Everybody is scared, even though paying me is a huge pain in the ass. I guess it's not the right time yet.

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