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Topic: Did crypto become mainstream too early? (Read 615 times)

legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
June 18, 2018, 04:48:40 PM
#85

Hear me out: I think we got too popular too fast. The normal person on the ground would expect to use crypto much more for daily-life transactions but this is not currently the case. Maybe we needed some more time for the technology to mature (no scaling issues, slow transactions, etc) THEN the normies come in. Right?
Anything on this world do really need a sufficient time to be developed and when it comes to cryptocurrencies theres no need to fasten it up. Adoption would always vary on how people would make use of it but one of the biggest factor that do affect adoption is on government itself. It might give some noise but if law or government would block such thing then expect things would be slowed up. Talking about scaling issues and slow transactions, its normal but once upgrades being implemented then expect what would be the next move.
sr. member
Activity: 1078
Merit: 342
Sinbad Mixer: Mix Your BTC Quickly
if everyone knows and knows the crypto, then I'm sure its use will continue to increase and can create a high demand. it's just a matter of time and if everyone has benefited from crypto, then I'm sure crypto is more popular than it is today.

before success can be achieved, then there are many processes to go through, challenges, bans and all that takes time to get through it.
Let's arguably say that bitcoin is known worldwide. Do you think many people will invest in it? I do not think so. As a matter of fact, there are many others who support the government and banks. They would not go around wasting their money on something they do not believe in. However, if the media were with Bitcoin, then people would have had got he courage. But unfortunately, the media is against cryptocurrency. That is why we need more investors, and the more they show up, the bigger crypto gets.
sr. member
Activity: 728
Merit: 263

Hear me out: I think we got too popular too fast. The normal person on the ground would expect to use crypto much more for daily-life transactions but this is not currently the case. Maybe we needed some more time for the technology to mature (no scaling issues, slow transactions, etc) THEN the normies come in. Right?

whales made that.

in december while cryptos get popular, they made price 20ks after that, it dropped its normal value 10ks.
now btc is reaaly cheap and in a shprt time it will rise to 10ks again.
jr. member
Activity: 108
Merit: 1
I don’tthibk  crypto is anywhere near mainstream .I’m from Italy and 1in10 know about crypto and only bitcoin and that 1 has no clue what to do or how to invest just heard about it in the news etc . So I have a strong feeling this still early in the game to load up and wait for many more bullrun to come .
sr. member
Activity: 1377
Merit: 268
People only knew crypto as bitcoin only and base from my own exprience they dont really understand anything about it at all. Most of them are thinking that bitcoin and cryptos are scams, and only few of them tried to invest, so i think this is not early, the timing was right for people to slowly understand crypto world.
newbie
Activity: 9
Merit: 0
The current market needs more changes and development before it can be widely used by people. There are indeed too many technical flaws!
member
Activity: 271
Merit: 10
I think this is immature. Personally think that the growth of cryptocurrency is a long process. First of all, the government does not like it, but it cannot be eliminated. It can only slowly conquer the government. Find a relationship with the government.
hero member
Activity: 700
Merit: 503
I think that everything goes as it should. Any innovation with something begins. So the crypto currency has its own way. Now a certain part of humanity has knowledge and understanding of crypto currencies. But let's not forget that a huge part of the world's population has never heard of digital currencies. But what can I say here, if there are a lot of people who do not even have televisions, microwave ovens, vacuum cleaners, and so on today? Many of us were in the beginning of the way crypto currency. And very soon all problems of electronic money will be solved. Just need to wait. I hope that in 10-20 years we will use only electronic money.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
Crypto is still not mainstream. Who really use crypto except for trading? It is only on experimental use by some companies.
That's true cryptocurrency is not yet the mainstream and mostly trading is the reason why the price is moving. Of course companies will have to test first before they fully adopt the system but there are many companies now who are using cryptocurrency and make it as one of their primary asset.
full member
Activity: 420
Merit: 101
There is a certain possibility, I should say. Crypto really should become more and more mature than now, it still lack stability and serious image amongst world.
sr. member
Activity: 2506
Merit: 368

Hear me out: I think we got too popular too fast. The normal person on the ground would expect to use crypto much more for daily-life transactions but this is not currently the case. Maybe we needed some more time for the technology to mature (no scaling issues, slow transactions, etc) THEN the normies come in. Right?
It was a mainstream since it is spamming all over the social medias that you ever see, even in youtube ads you can see some ads about crypto currency and other ICOs but then it was banned to some social medias because of their excessive spamming all over the platform. But if you remember those days were prices are too low, most people are not aware about it because it was just nothing even if they already heard about it.
jr. member
Activity: 252
Merit: 1
“The Protocol for the Audience Economy”
I think we are at least 1-2 years out for mainstream adoption- Why would anybody use this before regulation comes in
full member
Activity: 672
Merit: 176

Hear me out: I think we got too popular too fast. The normal person on the ground would expect to use crypto much more for daily-life transactions but this is not currently the case. Maybe we needed some more time for the technology to mature (no scaling issues, slow transactions, etc) THEN the normies come in. Right?
not also because to bubble already more than five years it is enough because the news will quickly spread and people will be affected with wealth so it does not matter even a new coin only takes a year to be bulging it is amazing is not it.
I am sure that if the Crypto currency is increased in its price, but many will lose interest in it. if representatives that Bitcoin will rise to its price to 500,000 dollars, then who will buy it? After all, today bitcoin is being invested in order to increase its income several times in the long term.
sr. member
Activity: 1022
Merit: 391
I believe you are very wrong
Crypts are not even used by 1% of the world's population; moreover mainstream has not yet entered, at least officially .... the only ones who perhaps have invested something are hedge funds.
Mutual funds, pension funds, insurance funds, private banks, large investors, etc. they are all still out of this market.

The big rise seen in 2017 was nothing compared to what will be in 3-4 years, in 2020-2021, when there will be a new halving of the Bitcoin pow.
2017 is like being in the stock market in 1994-5 .... 2000 of the shareholder, with the consequent explosion and adoption, will arrive in 2020-2021
sr. member
Activity: 889
Merit: 253
Crypto is still not mainstream. Who really use crypto except for trading? It is only on experimental use by some companies.
It has been more than a decade old chap and not so early. Crypto has still a long way to go. You might know many countries have banned it for many reasons which might threat their interest. Besides, as long as it is not accepted internationally, it might not be regarded as the international currency. Also one of the most important things is its promotion and for the governments to legalize it and only then you can say so.
newbie
Activity: 252
Merit: 0

Hear me out: I think we got too popular too fast. The normal person on the ground would expect to use crypto much more for daily-life transactions but this is not currently the case. Maybe we needed some more time for the technology to mature (no scaling issues, slow transactions, etc) THEN the normies come in. Right?
not also because to bubble already more than five years it is enough because the news will quickly spread and people will be affected with wealth so it does not matter even a new coin only takes a year to be bulging it is amazing is not it.
full member
Activity: 798
Merit: 103
Crypto is still not mainstream. Who really use crypto except for trading? It is only on experimental use by some companies.
full member
Activity: 294
Merit: 100
I will not say, bitcoin ve happened when it is necessary, but he lowered his price, but soon rose and showed himself to be real and such as he is, I for this world coin, still shows his.
member
Activity: 155
Merit: 13
Arabic Translation. Pm me
It needs to settle a lot more as a currency, but i dont think it has been mainstream too early.

Just because its mainstream doesn't mean that everyone is investing - infact alot of opinions on BTC and iCOs have been slated as well as praised throughout the community so i think in more time then it will start to turn mainstream for everyone to get involved.
newbie
Activity: 102
Merit: 0
No, you may think it is. But it will not. Will soon be crazy again. In two years, the blockchain technology will be popular in the world. This is a new era.
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