Topic: Crptocurrency Daily Trading Volume Approaches AAPL's (Read 242 times)
I think it's important that the network grows slowly as opposed to all at once because the technology needs time to grow as well. We still have plans for on-chain scaling that haven't been implemented yet.
This may be one of the reasons we are starting to see a more heavy handed approach to the regulation across the board 
https://www.cryptocoinsnews.com/cryptocurrency-trading-volume-set-to-surpass-apples-says-market-strategist/
Stock market strategist Jens Nordvig predicts that daily cryptocurrency trading volume will “soon surpass” that of Apple, the most-traded company stock.
This also is indicative of the strain on the network at the moment, or at least the volume of transactions. It is almost inconceivable to me that we could even do a fraction of the number of trades an asset like Apple would achieve. Wht does this mean for even farther adoption? adoption rates for bitcoin are still really, really low. will we be able to accommodate the strain of a substantial number of new users?
https://www.cryptocoinsnews.com/cryptocurrency-trading-volume-set-to-surpass-apples-says-market-strategist/
Stock market strategist Jens Nordvig predicts that daily cryptocurrency trading volume will “soon surpass” that of Apple, the most-traded company stock.
Quote
Cryptocurrency trading volume is now more than of $3bn/day on average, and will likely soon surpass that of the world’s most liquid stock: Apple ($4bn/day).
This also is indicative of the strain on the network at the moment, or at least the volume of transactions. It is almost inconceivable to me that we could even do a fraction of the number of trades an asset like Apple would achieve. Wht does this mean for even farther adoption? adoption rates for bitcoin are still really, really low. will we be able to accommodate the strain of a substantial number of new users?
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