Topic: Crypto-currencies in 10 years - page 7. (Read 5762 times)
legendary
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Core dev leaves me neg feedback #abuse #political
Nice art.
The future belongs to those who trust observation and deduction.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
They'll probably be gone and replaced by something else.
No they won't. If you think about the top coins now, maybe, maybe not. Crypto-currencies are for the future and here to stay. Yeah , there's something fundamental about this invention
and its hard to picture what, if anything, could be "next".
Kind of like the Internet -- will it ever be replaced?
Will electricity be replaced by something else?
Will the wheel ever be replaced?
They'll probably be gone and replaced by something else.
No they won't. If you think about the top coins now, maybe, maybe not. Crypto-currencies are for the future and here to stay. I guess here is an argument against Litecoin: https://www.litecoinpool.org/pools
They are closing in on a mining pool which has more then 51% of the mining.
They are closing in on a mining pool which has more then 51% of the mining.
a 51% hashrate just means the 'possibility' that the mining pool owner can inject nasty code and get accepted. it does not mean a guarantee of attack as the mining pool owner can easily be honourable, own 99% of hash power but never change the code and everything will be fine
No, that is not true at all.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
hundreds of cryptosurrencies will go away and only 2-3 of them will remane. They will become popular worldwide
which of the already existing currencies will become popular in your opinion?
I'm pretty sure one of them will be bitcoin. Other could be completely new
I believe that bitcoin is replaceable by another, with the price there on high, he probably worth some ten thousand, becomes merely speculative, because who accept a coin of 10 - 100K which has a range of hundreds of USDs every minute?
A coin that has a control deflation/inflation, price stability, fair distributed between big part of the population of the earth would be what one might call Ideal Money.
who is to say what is "fair distributed"?
hundreds of cryptosurrencies will go away and only 2-3 of them will remane. They will become popular worldwide
which of the already existing currencies will become popular in your opinion?
I'm pretty sure one of them will be bitcoin. Other could be completely new
I believe that bitcoin is replaceable by another, with the price there on high, he probably worth some ten thousand, becomes merely speculative, because who accept a coin of 10 - 100K which has a range of hundreds of USDs every minute?
A coin that has a control deflation/inflation, price stability, fair distributed between big part of the population of the earth would be what one might call Ideal Money.
There will be one main crypto - probably Bitcoin, maybe Litecoin or something else. It will be accepted pretty much anywhere and used with plastic cards similar to credit cards. Smaller cryptocoins might be viable in specific fields.
Will be replaced by the next great innovation and will watch their market share dwindle down to nothing.
I think they'll always be around in some form. If they're not the same as they are now it'll be something similar based on the technology. It will b interesting to see if any countries actually adopt a crypto model, though I guess they'll usually like to keep the power for themselves.
They'll probably be gone and replaced by something else.
Just to imagine I think that only crypto currencies will exist, may be key will be integrated into human bodies, like in Johnny Mnemoniс movie. But it's only fantasies. Everything depends now on government and how they will take bitcoin and other currencies.
why do you think dogecoin and litecoin will still be relevant in 10 years, that sounds crazy to me.
Dogecoin is an at all time high and Litecoin has a pretty big market cap. Please tell me why Lite and Doge won't be relevant.
lies
february 22: 0.00000214
may 11: 0.00000105
litecoin is still growing it is on par with bitcoin in 2012 (3 year old) it has projects still in the works.
dogecoin. apart from alot of hoarders and traders on unsecured exchanges (meaning not bitstamp or btc-e) i cannot see any innovation or methods to buy dogecoin direct. but you can deposit actual dollars into btc-e and buy litecoins. is used by actual merchants and there will be a litecoinlocal.com
so i would not put doge in the same category as bitcoin or litecoin
http://www.cryptocoinstats.com/priceforecaster.php
as you can see all altcoins have a short period of increased value and start to decline from there, litecoin seems to be the only exception for now, following the same trend as bitcoin. However even litecoin will most likely never replace bitcoin and will most likely fail as well as all the other altcoins.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
.
But if the world wide censorshop really manages to go that far in allowing only connections to pre-defined nodes which requires a valid license and a mandatory certificate (no P2P traffic between arbitrary IPs anymore) combined with a mandatory trusted computing secured device to connect to the "internet", then I could imagine that all cryptos really disappear.
But if the world wide censorshop really manages to go that far in allowing only connections to pre-defined nodes which requires a valid license and a mandatory certificate (no P2P traffic between arbitrary IPs anymore) combined with a mandatory trusted computing secured device to connect to the "internet", then I could imagine that all cryptos really disappear.
If that happens, then we have bigger problems to worry about than Bitcoin.
Because of the increasing regulation and an obscure overcomplicated taxation system, crypto coins will never exists as an easy-to-use payment ...
You don't see "increasing regulation" in the legacy financial system coupled with an "obscure overcomplicated taxation system" as an impetus for bitcoin adoption?
I don't call it adoption if avarge Joe avoids crypto because he would have to do verification marathons before selling or buying crypto.
I don't call it adoption if avarge Joe avoids crypto because it requires a pile of paper for buying a coffee at Starbucks with crypto.
For the minor part of the population, cyber criminals, this is probably just a solvable problem because they doesn't have to bother with the compliciated taxation system anyway. They only have to find a way to buy or sell anonymously.
Because of the increasing regulation and an obscure overcomplicated taxation system, crypto coins will never exists as an easy-to-use payment like PayPal, Credit Card or some future Apple or Amazon payment method. If the avarge Joe choices to invest in cryptos anyway, he has the choice between weeks long verification marathons OR travelling a long distance for a meeting with a shady person.
Due to lack of usability for legal purposes (see above), crooks will increasyly involve cryptos in illegal activities and because of increasing illegal activity, govs will tighten the restrictment until the solely posession of crypto is threatened with a fine or even jail.
Trusted computing, internet censorship and elimination of cash will accelrate the process of thinning out the blockchain nodes connectivity.
Due to lack of usability for legal purposes (see above), crooks will increasyly involve cryptos in illegal activities and because of increasing illegal activity, govs will tighten the restrictment until the solely posession of crypto is threatened with a fine or even jail.
Trusted computing, internet censorship and elimination of cash will accelrate the process of thinning out the blockchain nodes connectivity.
Coinbase already has a fairly easy payment system.
...
And internet censorship would only hasten the
flock to distributed systems.
As long as the internet censorship is "only" filtering for traffic and ports, cryptos could survive certainly.
But if the world wide censorshop really manages to go that far in allowing only connections to pre-defined nodes which requires a valid license and a mandatory certificate (no P2P traffic between arbitrary IPs anymore) combined with a mandatory trusted computing secured device to connect to the "internet", then I could imagine that all cryptos really disappear.
hundreds of cryptosurrencies will go away and only 2-3 of them will remane. They will become popular worldwide
which of the already existing currencies will become popular in your opinion?
I'm pretty sure one of them will be bitcoin. Other could be completely new
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
hundreds of cryptosurrencies will go away and only 2-3 of them will remane. They will become popular worldwide
generally agree...although could be maybe 5-7... 2 or 3 big ones and 3-4 lesser used but still
accepted
hundreds of cryptosurrencies will go away and only 2-3 of them will remane. They will become popular worldwide
which of the already existing currencies will become popular in your opinion?
hundreds of cryptosurrencies will go away and only 2-3 of them will remane. They will become popular worldwide
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
Because of the increasing regulation and an obscure overcomplicated taxation system, crypto coins will never exists as an easy-to-use payment like PayPal, Credit Card or some future Apple or Amazon payment method. If the avarge Joe choices to invest in cryptos anyway, he has the choice between weeks long verification marathons OR travelling a long distance for a meeting with a shady person.
Due to lack of usability for legal purposes (see above), crooks will increasyly involve cryptos in illegal activities and because of increasing illegal activity, govs will tighten the restrictment until the solely posession of crypto is threatened with a fine or even jail.
Trusted computing, internet censorship and elimination of cash will accelrate the process of thinning out the blockchain nodes connectivity.
Due to lack of usability for legal purposes (see above), crooks will increasyly involve cryptos in illegal activities and because of increasing illegal activity, govs will tighten the restrictment until the solely posession of crypto is threatened with a fine or even jail.
Trusted computing, internet censorship and elimination of cash will accelrate the process of thinning out the blockchain nodes connectivity.
Coinbase already has a fairly easy payment system.
Who is waiting weeks? I can buy coins instantly on Coinbase
as well. And internet censorship would only hasten the
flock to distributed systems.
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