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Topic: Do you see a future with one cryptocurrency or thousands? - page 12. (Read 23996 times)

full member
Activity: 658
Merit: 102
Expect more cryptocurrencies or token to be issued next year when market start its recovery again. I think no one can stop developers from creating coins for their ICOs and all we have to do is to select only the quality coins that have the potential to become profitable in the next several years. Out of thousand coins, I think there are only hundreds coins that are said to be of quality and the rest might end up delisted from the crypto exchangers.
jr. member
Activity: 316
Merit: 1
Colletrix - Bridging the Physical and Virtual Worl
The ICO project will certainly continue and more ICO projects will emerge in the future. With the emergence of more ICO projects, it will have a positive impact on the development of the crypto market. Now with the advent of ICO, of course, investors going to invest will definitely buy coins first like Bitcoin, Ethereum and EOS depending on the platform used.
member
Activity: 434
Merit: 10
The amount of cryptocurrencies out there is nauseating. Up in the thousands now.

Do you see a future where we're using a wide variety, or will one come out on top?

Technically, if one of these ICO projects create a be-all-end-all decentralized platform where all products and services are bought and sold, I guess it isn't impossible to one day have just one.

What do you think?
I think that this whole system is that each time you transfer crypto from one to another you pay a transaction fee and this system will work with thousands of coins, you will always have the opportunity to pay with bitcoin, but they will motivate you to pay with other coins and you will transfer on exchanges. I think that all thousands of coins will live without problems,because this world was originally conceived.
full member
Activity: 490
Merit: 100
The amount of cryptocurrencies out there is nauseating. Up in the thousands now.

Do you see a future where we're using a wide variety, or will one come out on top?

Technically, if one of these ICO projects create a be-all-end-all decentralized platform where all products and services are bought and sold, I guess it isn't impossible to one day have just one.

What do you think?
And if they accept a cryptocurrency, then it will be represented only by two or three coins, because all other coins are just clones and forks. This garbage creates additional demand in the market, but carries nothing new and original.
legendary
Activity: 1666
Merit: 1001
We need more than one, because it can makes crypto world more interesting,people can do trading and the coin can have a more specific purpose and usage, but we don't need thousand it could makes the investors diversify too much and cause my the coin got low transaction volume, we need several but strong coin with high transaction volume
member
Activity: 1078
Merit: 10
In my opinion, there will not be as much cryptocurrencies in the future as today, but there will not be only one cryptocurrency. I think we will see about 10 projects with their coins to dominate on the market.
full member
Activity: 1190
Merit: 212
★Bitvest.io★ Play Plinko or Invest!
at this time I have not seen the future of cryptocurrency because at this time the price of cryptocurrency collapsed and made many people disappointed and even they hated cryptocurrency because it was made a loss.
member
Activity: 378
Merit: 11
Decentralized Digital Billboards
I am prefer future with little amount of currencies, better some side chains how lightning network.
This make blockchains faster
full member
Activity: 770
Merit: 102
Matrix Built On An Ethereum Smart Contract
The amount of cryptocurrencies out there is nauseating. Up in the thousands now.

Do you see a future where we're using a wide variety, or will one come out on top?

Technically, if one of these ICO projects create a be-all-end-all decentralized platform where all products and services are bought and sold, I guess it isn't impossible to one day have just one.

What do you think?
I think in the future we will have many cryptocurrencies that will fill specialised niches. In designing a new cryptocurrency you are required to make tradeoffs. Want good security? you need to give up latency... etc. You are never going to get to a situation where one single coin does everything better all the other coins.
full member
Activity: 1316
Merit: 108
Since the creation of coins and tokens is of a decentralized nature, over time their number will only increase. It is the same as the mobile phone market. After all, you can create a universal model that would cover all the functions. However, this will never happen, since many different campaigns have entered this market, promoting their models, their own phone features and their individual functions. It will be the same with cryptocurrency.
hero member
Activity: 1092
Merit: 501
One cryptocurrency will surely lead, while others follow, but that does not mean we will not have successful ones. I will not be good if we just have one cryptocurrency because there won't be competition. There won't be anything  to trigger one another into delivering more on their Milestones. So, i am not seeing just on cryptocurrency come firth, but many good ones.
Exactly just like in any market what we need is competition, it is not really surprising that segwit was activated in bitcoin when ethereum was getting uncomfortable close to bitcoin and many were even predicting the coins will switch places, the developers realized they needed to do something and they forced the hand of the miners to finally activate segwit.
sr. member
Activity: 593
Merit: 250
The amount of cryptocurrencies out there is nauseating. Up in the thousands now.

Do you see a future where we're using a wide variety, or will one come out on top?

Technically, if one of these ICO projects create a be-all-end-all decentralized platform where all products and services are bought and sold, I guess it isn't impossible to one day have just one.

What do you think?
I think investing in cryptocurrencies is a long-term business, because no one can determine what scale the cryptocurrency will develop in the future.
member
Activity: 406
Merit: 10
I believe that in the future there will be many coins in the crypto market. Some will compete with each other. Yet, for the most part, they will perform various functions, helping the digital society to develop and develop new, useful technologies.
jr. member
Activity: 406
Merit: 1
It seems to me that there will be one world currency, and the rest - the state will be stablecoins!
member
Activity: 420
Merit: 10
Looking at the cryptocurrency market, I now think that many coins will disappear in the future, and some quality coins will become very expensive in the future. In fact, coins without value should disappear. The growth of the cryptocurrency market does not require much bubble.
newbie
Activity: 33
Merit: 0
I think the market is oversaturated at the moment. People don't need these thousands of projects.

But in the future these projects may help a lot the market. There are a lot of projects which are beneficial for many people in some way and for others in other way just like binance was a project and it is a superb project for the traders. Just let the market to recover all of them will worth a lot.
newbie
Activity: 51
Merit: 0
The amount of cryptocurrencies out there is nauseating. Up in the thousands now.

Do you see a future where we're using a wide variety, or will one come out on top?

Technically, if one of these ICO projects create a be-all-end-all decentralized platform where all products and services are bought and sold, I guess it isn't impossible to one day have just one.

What do you think?

 I think some ....let sey top 100 others will die out. There is so much scams and bad projects just wanna meke some money so I think good projects that work will stay others will slow down and die.
hero member
Activity: 924
Merit: 507
I see the future of all the tokens and coins that are in my portfolio, these are iota, bnt, eth, stellar and there are many other coins that I have not bought yet
legendary
Activity: 1722
Merit: 1014
There will be plenty of coins in future - I am sure about that. Like stocks - they are very similar in fact. There are hundreds of valuable stocks, right? Crypto market is very alike with stock market I think.
full member
Activity: 549
Merit: 100
BBOD - The Best Crypto Derivatives Exchange
Only few cryptocurrency will remain in the long run because not all of them has a high demand for the product or doesn't even have a product. we need cryptocurrency with a product that is solving real-life problems so we can make a good use of it.
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