Topic: Coin Acceptance. (Read 1495 times)
In my view, not all the coins will be able to survive in this competitive market. There are more that 3000 coins out there in the market, and the process to creating new coins continues. And i think all the coins will survive. There are reports that about 30 percent of coins have disappeared so far due to their low performance. And ultimately, only the coins that can perform well and live up to the expectation of the people can remain in the market.
There are lots of coins this days and more are still emerging by the day. If eventually cryptocurrency becomes accepted globally and it's been adopted for usage, do you think all the coins would be accepted for usage or only a selected few?
I am against about it. Coin acceptance is good it's better. But accepting some coins without potential will not going to do some good in the market. It can affect those that have already its reputation and might lower their market cap. We should first kick these coins out of the market and focus only on few selected coins that will surely benefit us.
There are lots of coins this days and more are still emerging by the day. If eventually cryptocurrency becomes accepted globally and it's been adopted for usage, do you think all the coins would be accepted for usage or only a selected few?
Many coin and token market are shitcoin and like pump and dump coin. I think there is not much coin with good and working product. We should making research first before invest and holding a coin or token. I think there will a few coin will survive for long term
There are lots of coins this days and more are still emerging by the day. If eventually cryptocurrency becomes accepted globally and it's been adopted for usage, do you think all the coins would be accepted for usage or only a selected few?
I honestly think that only a few coins can make it as a payment processor, those coins who are more popular and who have proven their worth in the community will be accepted, coins like XRP litecoin eth and Bitcoin will lead the pack.
the price of all coins depends on the development team and the number of communities, only coins developed by smart and serious teams who continue to search for communities to use crypto coins that they make that will be able to compete with global trade, so only part of it will be used so we have to become projects good smart before investing.
The generic rule of thumb is to accept coins that have a high volume in trades, everyday.
High volume doesn't always mean that they are real. They might be pumped sometimes by some telegram groups. That's why you have to do your due diligence while looking out for new cryptos.
Not always. Take the example of Litecoin and Ethereum.
High volume doesn't always mean that they are real. They might be pumped sometimes by some telegram groups. That's why you have to do your due diligence while looking out for new cryptos.
All coins cannot be accepted because all 100% are not legit. Also there are coins which are not even made for acveptance as currency. Some are utility coins as well
Not always. Take the example of Litecoin and Ethereum.
All coins cannot be accepted because all 100% are not legit. Also there are coins which are not even made for acveptance as currency. Some are utility coins as well
There are lots of coins this days and more are still emerging by the day. If eventually cryptocurrency becomes accepted globally and it's been adopted for usage, do you think all the coins would be accepted for usage or only a selected few?
This depends on the developer of the coin, and the extent of the influence of coins in the real world. If the coin only relies on exchange in the market, I don't think there are too many enthusiasts
I believe that not all coins will be accepted for use, but only those that are built on a platform that really brings the possibility of using it in a particular area. Now there are a lot of crypto coins, but also a lot of them are created for manipulating the crypto market and are not distinguished by any innovations or real products associated with them.
There are lots of coins this days and more are still emerging by the day. If eventually cryptocurrency becomes accepted globally and it's been adopted for usage, do you think all the coins would be accepted for usage or only a selected few?
Look at what big businesses are supporting.Most of crypto adoption is happening through bitpay. And they only support Bitcoin and BCH.
If they don't care about other coins, they must be sure they're not losing business because of it.
This is why I don't believe that merchant solutions will allow for a multitude of cryptos.
Even if they expand to Ether, I'd say 10 coins is the top.
There are lots of coins this days and more are still emerging by the day. If eventually cryptocurrency becomes accepted globally and it's been adopted for usage, do you think all the coins would be accepted for usage or only a selected few?
I think that many coins will be rejected. I think bitcoin will be the first cryptocurrency to be accepted all over the world. 
I believe that less than 1% of currently available tokens and coins will be used in 10 years (maybe even in 5 years). This crypto winter will wipe out hundreds of tokens. That's why is so important to choose good tokens to hodl.
Hundreds of tokens and coins will be wiped out and another hundred might be introduced into the market. Now a days, it is quite easy to make a clone of other coins. A random developer can make a coin in few seconds sitting on his basement. Again, a coin might pop up which might end up being the ultimate solution of every other problems we are facing. This does not mean that other coins will end up dying. They will all be used side by side. You just have to make sure that the coins you are investing on are legit.
There will be main coins which will be widely accepted but from that is is a matter of technical issue how to exchange
other coins to the main coins on their daily value. It would has no sense if we have thousands of coins as payment solution.
other coins to the main coins on their daily value. It would has no sense if we have thousands of coins as payment solution.
There are lots of coins this days and more are still emerging by the day. If eventually cryptocurrency becomes accepted globally and it's been adopted for usage, do you think all the coins would be accepted for usage or only a selected few?
Not all coins will be accepted. I think it depends on merchants or companies what coins will they accept as a medium of exchange once cryptocurrency will be fully adapted around the world. Not all cryptocurrency has usage, most of altcoins are shitcoins, created to make profit.
I believe that less than 1% of currently available tokens and coins will be used in 10 years (maybe even in 5 years). This crypto winter will wipe out hundreds of tokens. That's why is so important to choose good tokens to hodl.
There are many different coins, most of which have little real value. They cannot be exchanged not only for fiat money, but also for other cryptocurrencies. Most of the coins and tokens are likely to remain unadapted for widespread use.
It is clear that they will not be needed and will simply disappear from the market, I think that this is clear to everyone, so now it’s worth keeping your money in the top tokens.
There are many different coins, most of which have little real value. They cannot be exchanged not only for fiat money, but also for other cryptocurrencies. Most of the coins and tokens are likely to remain unadapted for widespread use.
I think only a few coins are chosen because indeed each other has many differences and certainly that is feasible and potentially is acceptable, according to the intended market policy.
There are lots of coins this days and more are still emerging by the day. If eventually cryptocurrency becomes accepted globally and it's been adopted for usage, do you think all the coins would be accepted for usage or only a selected few?
I think not all cryptocurrency will see the light of the day because their projects are nothing to ride home about,however most of them are valid and would globally be accepted in future. Thanks
90% of all currently existing cryptocurrencies have no technological value. Their existence is determined by the desire of the development team to get money through ICO. I think natural selection will put everything in its place.
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