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Topic: Adoption Over Bull Run - page 3. (Read 989 times)

full member
Activity: 1078
Merit: 104
GoMeat - Digitalizing Meat Stores - ICO
August 01, 2019, 11:57:13 AM
#50
Yes I agree with you. Adoption is what will surly give tremendous rise to the value of this space and of course will cause bull run because people will get to start using cryptocurrency in real-life. Also, a study on this space recently, it is evident that most projects are developing their products or platform so as to compete with others  while those that failed to are going down with each passing day.
jr. member
Activity: 322
Merit: 1
August 01, 2019, 09:53:37 AM
#49
the problem in crypto is now about how to be adopted in the real market, I think the easiest place to adopt cryptocurrency is the market place market or start-up buying and selling. because there they can build combinations of markets and crypto simultaneously. then to achieve real marketing, crypto requires management how to implement coins on the market, therefore, the coins that will develop are coins that have their own applications.
member
Activity: 700
Merit: 10
August 01, 2019, 03:30:56 AM
#48
Most of those that want to see an altcoin season do not really care about the adoption and the success of the coins they are holding, they want profits and they want them now, so adoption is not really what they are looking for, they want their coins to be hyped, they want high volatility levels since that has the tendency to drive prices up, once you understand what they want then it is easy to see why most members show no interest in the adoption of most coins, so while you are correct in your analysis you got the motivations of most people wrong.


You are 100% correct, and that was most visible when crypto when down with the price. Most of hyped users went to some kind of hibernation sleep forgetting crypto altogether.

All this people that want adoption must ask them selves what have they done to make it more real for other people around them. You can always talk to people, help them to download some wallets on their phones, transfer them small amount of some cheap coins that cost you same one cup of coffee just to push them in that direction. You can try to sale some junk from you basement on your local adds with notice that you also accept crypto as a way of payment. Wink
now what I have in mind is just buying coins and getting maximum profits, while cryptocurrency adoption, I don't pay much attention to because it holds on to use by most of the world community and government. and I do not have the power to influence those two elements







full member
Activity: 1750
Merit: 118
August 01, 2019, 03:28:41 AM
#47
Bull and adoption were both the same because if there will be adoption the value will increase and result for the pump of the price   .  both adoption and bull run is the wish of all crypto users because this was the only way that  their investments can grow and its also a solution for a dumping portfolio  .  but this adoption wont make the cryptos stable  . though price stability can also be an answer to avoid losses but the downside is that you cant earn bigger if price was in stable condition
member
Activity: 686
Merit: 11
August 01, 2019, 03:21:12 AM
#46
Most of those that want to see an altcoin season do not really care about the adoption and the success of the coins they are holding, they want profits and they want them now, so adoption is not really what they are looking for, they want their coins to be hyped, they want high volatility levels since that has the tendency to drive prices up, once you understand what they want then it is easy to see why most members show no interest in the adoption of most coins, so while you are correct in your analysis you got the motivations of most people wrong.


You are 100% correct, and that was most visible when crypto when down with the price. Most of hyped users went to some kind of hibernation sleep forgetting crypto altogether.

All this people that want adoption must ask them selves what have they done to make it more real for other people around them. You can always talk to people, help them to download some wallets on their phones, transfer them small amount of some cheap coins that cost you same one cup of coffee just to push them in that direction. You can try to sale some junk from you basement on your local adds with notice that you also accept crypto as a way of payment. Wink

In 2017 - early 2018, I did it. I have attracted several people to crypto, such as investors and bounty hunters. Some of them were interested in technology. But not for long. The reason for this is also a drop in prices.
People seek profit first. Otherwise, most of them are conservative. Mass adoption can come to cryptocurrency through profits. Or imposing the need to use cryptocurrencies. Unfortunately.
member
Activity: 663
Merit: 10
https://streamies.io/
August 01, 2019, 03:17:33 AM
#45
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 understand this investment strategy. But the important question is when genuine investors can realize this and focus on investing in technology?
I think it will last very long, and in that long time there will be a lot of projects dying because of the lack of capital to operate. So I think this investment strategy is not suitable at the present time.
hero member
Activity: 2646
Merit: 586
August 01, 2019, 02:58:00 AM
#44
You are so much correct about this, there are so many projects right now have very sound innovative but when it still comes to adoption, adoption may not likely happen if the developer of such innovation does not go extra mile to make their project visible to world at large.

Secondly, most of these developers are also the ones that usually make people that would have adopted the coin see it as just investment instruments, so they need to start promoting more of the usefulness of the project than the money it will fetch whoever would bring money to buy the token.

The reason why we do have so much crashes in the price of cryptocurrency also is because people use it for investment rather than use it for its technology, we can only get less volatility when people makes use of their product more.
full member
Activity: 728
Merit: 115
July 31, 2019, 03:52:25 PM
#43
Most of those that want to see an altcoin season do not really care about the adoption and the success of the coins they are holding, they want profits and they want them now, so adoption is not really what they are looking for, they want their coins to be hyped, they want high volatility levels since that has the tendency to drive prices up, once you understand what they want then it is easy to see why most members show no interest in the adoption of most coins, so while you are correct in your analysis you got the motivations of most people wrong.


You are 100% correct, and that was most visible when crypto when down with the price. Most of hyped users went to some kind of hibernation sleep forgetting crypto altogether.

All this people that want adoption must ask them selves what have they done to make it more real for other people around them. You can always talk to people, help them to download some wallets on their phones, transfer them small amount of some cheap coins that cost you same one cup of coffee just to push them in that direction. You can try to sale some junk from you basement on your local adds with notice that you also accept crypto as a way of payment. Wink





member
Activity: 784
Merit: 10
July 30, 2019, 05:06:43 AM
#42
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 with you that it is not about bull run the solution to votality of the market's prices, its adoption and the outcome of the altcoins, besides as what you've said theres many projects that is good and potentially innovative but are not yet adopted by many. Even when bull run occurs, doesn't mean altcoins soon to follow the situation, and it depends.
sr. member
Activity: 980
Merit: 261
July 30, 2019, 04:38:28 AM
#41
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.

We need adopatation but the main problem is people has no idea on what they should adopt meaning the power of pure investment is still there they are not looking forward for the purpose but they are looking forward for the profit that the project can generate for them and once they got profit they are going to abandon it and those believers will follow.
jr. member
Activity: 394
Merit: 1
July 29, 2019, 11:34:07 PM
#40
yes adoption is one solution to boosting the price of coins on the market including the price of bitcoin. if more and more people are joining the world of cryptoqurrency (new users), of course it will have a major impact on this market, including the market situation can improve.
full member
Activity: 736
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
July 29, 2019, 11:17:04 PM
#39
Ding Ding Ding.
Someone wins.

Adoption is the right word for everything to have stability.
But it became more of a manipulation by whales and those who can better us from buying a lot of it.
Groups are being created to try and make profit specially with altcoins which are cheaper.

How could merchants get in if the price keeps on moving like crazy? That is the problem. If I am a merchant, I dont want that kind of high risk.
I think this kind of problem can be solve if a merchant use an application for auto liquidation of every transaction that establish within their company. This would help the crypto market for the mass adoption because the merchants or customers will not be worried about the crypto prices and also they can be able to transact wherever they are on which they can be able to transact with a low fee and a secure transaction.
legendary
Activity: 3262
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
July 29, 2019, 10:32:03 PM
#38
Ding Ding Ding.
Someone wins.

Adoption is the right word for everything to have stability.
But it became more of a manipulation by whales and those who can better us from buying a lot of it.
Groups are being created to try and make profit specially with altcoins which are cheaper.

How could merchants get in if the price keeps on moving like crazy? That is the problem. If I am a merchant, I dont want that kind of high risk.
legendary
Activity: 2982
Merit: 1069
July 29, 2019, 09:55:38 PM
#37
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'd blame the altcoins themselves. Not every coin can be bitcoin, it has it's own place.
Now altcoins comes with different flavors and with different use areas. But they with poor management fails to deliver what they promised to which decreases their price. Though I know there's market sentiments where a bear would plunge every alts to bear but a promising coin would surely stand out if they have something to deliver.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
July 29, 2019, 09:50:54 PM
#36
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.
Most of those that want to see an altcoin season do not really care about the adoption and the success of the coins they are holding, they want profits and they want them now, so adoption is not really what they are looking for, they want their coins to be hyped, they want high volatility levels since that has the tendency to drive prices up, once you understand what they want then it is easy to see why most members show no interest in the adoption of most coins, so while you are correct in your analysis you got the motivations of most people wrong.
copper member
Activity: 21
Merit: 0
July 29, 2019, 07:34:54 PM
#35
Volatility will be significantly be minimal if more persons are involved in trading- not some few individuals doing the trade. As the adoption grows steadily we will have a much more stable market. It will also mean fewer persons hold large chunk of bitcoin to significantly affect the market direction
copper member
Activity: 420
Merit: 2
July 29, 2019, 07:24:56 PM
#34
Real world usage of a coin is the main driving force of the coin's value. Those pump and dump coins are the ones who usually find it difficult to survive in bear markets. We still have so many projects out there who are yet to list on exchanges because they feel their project has no physical product to give the tokens its value
copper member
Activity: 364
Merit: 1
July 29, 2019, 03:29:35 PM
#33
Adoption is definite the solution the cryptocommunity needs. If more and more big companies and countries embrace cryptocurrency, the more there's improvement in the market. Adoption is what will bring the desired bull run that everyone has hungered for.
member
Activity: 616
Merit: 10
July 26, 2019, 07:57:05 PM
#32
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.
Yeah! We know that volatility is always been a topic or discussion in this industry. It is normal for the people specially those who are late in cryptocurrency bull run are blaming the volatility. We have to be patient, that is only way on how do we secure our position. If we enter the highs of the market, I assure that we get only few or even we lose our capital. Perfect timing and planned execution is the greatest strategy in cryptocurrency.
hero member
Activity: 2814
Merit: 576
July 26, 2019, 07:38:44 PM
#31
We don't need a bull run for adoption, we need a constant growth.

Bull run is most likely cause only of hype or FOMO and it will not last, and then again we will witness a bear market after that.
Adoption that is slow and steady is better than a bull run cause by FOMO, and that could only be possible when the regulation is set properly so institutional money could come in.
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