Are all cryptos smothering? | Bitcointalksearch.org

Eamorr

sr. member

Activity: 280

Merit: 250

Quote from: tyz on April 18, 2015, 08:29:59 AM

Quote from: Eamorr on April 17, 2015, 05:32:06 PM

Bitcoin - $3.1bn, XRP - $256mn, Litecoin - $54mn.

Crypto is smothering.

Are we in danger of falling below critical mass?

What needs to be done to allow us to BREATH again?

What do you mean with falling below critical mass? Who defines what such a critical mass for cryptos is?
Think back some years when Bitcoin was only worth a couple of cents. Nobody took care about trading volume or something like a critical mass.

This is the problem. People are not looking forward. They're looking back. Very little innovation going on in Bitcoin community any more.

tyz

legendary

Activity: 3360

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Quote from: Eamorr on April 17, 2015, 05:32:06 PM

Bitcoin - $3.1bn, XRP - $256mn, Litecoin - $54mn.

Crypto is smothering.

Are we in danger of falling below critical mass?

What needs to be done to allow us to BREATH again?

What do you mean with falling below critical mass? Who defines what such a critical mass for cryptos is?
Think back some years when Bitcoin was only worth a couple of cents. Nobody took care about trading volume or something like a critical mass.

Eamorr

sr. member

Activity: 280

Merit: 250

Quote from: dothebeats on April 17, 2015, 11:49:44 PM

Quote from: Eamorr on April 17, 2015, 05:32:06 PM

Bitcoin - $3.1bn, XRP - $256mn, Litecoin - $54mn.

Crypto is smothering.

Are we in danger of falling below critical mass?

What needs to be done to allow us to BREATH again?

I do not know what do you mean in particular when you say "BREATH again", but I do know that we are working pretty fine in terms of adoption. Price per se isn't what a coin fully depends on in order to survive, though it plays a vital part in doing so. Adoption is what drives a coin to its success, and price is just a result of adoption (as to how I view it at least). With a great number of people using a coin, the potential of the coin increases, thus making it "alive" and ready for future growth.

This doesn't make any sense. If adoption is growing (as you claim), then seeing as there are only 14 odd million coins in circulation, do you not think demand should be much higher? Price, supply and demand are innately linked (unless Bitcoin is somehow "special"?)

dothebeats

legendary

Activity: 3542

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Cashback 15%

Quote from: Eamorr on April 17, 2015, 05:32:06 PM

Bitcoin - $3.1bn, XRP - $256mn, Litecoin - $54mn.

Crypto is smothering.

Are we in danger of falling below critical mass?

What needs to be done to allow us to BREATH again?

I do not know what do you mean in particular when you say "BREATH again", but I do know that we are working pretty fine in terms of adoption. Price per se isn't what a coin fully depends on in order to survive, though it plays a vital part in doing so. Adoption is what drives a coin to its success, and price is just a result of adoption (as to how I view it at least). With a great number of people using a coin, the potential of the coin increases, thus making it "alive" and ready for future growth.

Eamorr

sr. member

Activity: 280

Merit: 250

Bitcoin - $3.1bn, XRP - $256mn, Litecoin - $54mn.

Crypto is smothering.

Are we in danger of falling below critical mass?

What needs to be done to allow us to BREATH again?

Topic: Are all cryptos smothering? (Read 573 times)