Do you see a future with one cryptocurrency or thousands? - page 17.

santouao

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Quote from: Ladysmith on November 23, 2018, 06:28:59 AM

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?

The number one in line for all solution is bitcoin as you can see. Their the only project that could advance to fully the best crypto in the world. Bitcoin etf is a way to open ot to public and once this become a reality, we can simply say that bitcoin can be the decentralized buddy in the area of centralized network such as bank, and other businesses.

Jadesola

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The problem now is not about having just one coin,we can have more than one to give room for competition in order to get the best,but the problems is that we have too many coin out there and this is not helping crypto sphere so much confusions everywhere because of too many coin.I don't think there can be future for thousands of coin.

hawkins

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Quote from: zhea on November 30, 2018, 12:20:47 AM

Quote from: vike on November 29, 2018, 02:52:46 PM

I see the future of cryptocurrency with a lot of coins because you need to create value, different coins will be used in different areas because the technical parts of the coins are not similar and some are better for conducting transactions and some for another Wink

I tend to agree with you mate, different coins will be used in different transaction so we can expect lot of tokens/coins out there but somehow tens of thousand will be too much though. Some of the projects out there is just a redundant to another, hope this would be eliminated in the future.

well, of course there will be a lot of cryptocurrency later. of course it will be in the form of tokens. however, only 1 crypt will be made into currency, and most likely it is bitcoin.

slaman29

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I see a few, I suppose it doesn't really matter if it is a dozen or a hundred thousand. In a sense, one currency only doesn't really seem logical. People all want to control themselves and want the right to choose. I choose Bitcoin but I also choose Monero and Litecoin, and other smaller coins. I don't choose all of them to pay, some I choose to use as a speculative coin. I can't and won't do that with Bitcoin, so alts are, hmm, oh yes, the alternative

nebuch

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One is enough thousands is not yet too much.
Why? In business let us consider the thousands unending wants of the the people. The generation come and the generation goes with different desires and perspectives in life.
In crypto is survival of the fittest. Weak cannot stand still in circumstances.

TBboys

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If we only have no more than 100 cryptocurrencies, I think this market will be very good. The reason why the market is so bad now is because there are too many altcoins, and most of them are worthless shitcoins, and every day there are new shitcoins being created. In fact, we don’t need so many cryptocurrencies at all.

zhea

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Quote from: vike on November 29, 2018, 02:52:46 PM

I see the future of cryptocurrency with a lot of coins because you need to create value, different coins will be used in different areas because the technical parts of the coins are not similar and some are better for conducting transactions and some for another Wink

I tend to agree with you mate, different coins will be used in different transaction so we can expect lot of tokens/coins out there but somehow tens of thousand will be too much though. Some of the projects out there is just a redundant to another, hope this would be eliminated in the future.

ufaiz50

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Quote from: Ladysmith on November 23, 2018, 06:28:59 AM

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?

You are right that every ICO issues a decentralized product with a different concept, and if blockchain (decentralized) technology can survive then we will have a lot of digital coins here, indeed there are often ICOs who have the same concept and the best that will survive. This happens if the decentralized cryptocurrency and technology can continue to grow and survive among the declining levels of user confidence.

patz22

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ico's/projects coming out every now and then, there are also existing ones with different vision and mission. Well for me most of new ones do not create solution but money wherein all of them have a great project but eventually will not continue. It is better to have plenty of choices but see it is up to the investors on which will benefit them. It is like you are on a street full of restaurants but the best one will grow and others will just get by.

SloveNing

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here are thousands of coins now all offering renewal of cryptocurrency technology, they also offer investors with profits in the future, but I think this is good and bad, it's good to have healthy competition between platform development teams so that new ideas arise in the world of cryptocurrency, the result bad number of coins that die because of losing competition so many investors who loss.

darmin

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If one then it would create an imbalance. the price hikes will occur and make it be very expensive. at least it is also not the thousands as it will not all be able to attract interest and also not all work well. at least of the many who is there then some judged strong or on the upper position will survive and be a good choice.

cattano

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Quote from: Ladysmith on November 23, 2018, 06:28:59 AM

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?

That is because everyone wishing to have their own cryptocurrency when they tried to create a new project. And sometimes the project coin doesn't has a significant use, and it end up overflowing the cryptocurrency world with unnecessary coins.

WalkerIVIV

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Quote from: strunberg on November 29, 2018, 09:45:43 PM

Quote from: faadhilah on November 29, 2018, 09:43:41 PM

I believe cryptocurrency has a good future, and people still believe in cryptocurrency, even though crypto is now down but in the future it will certainly be able to bounce back and be better than the previous crypto

cryptocurrency future was it technology.blockchain was the future of cryptocurrency and if it developted well and adopted in many field we will see bright future for cryptocurrency especially its price.

I can't even understand what are you talking about. Crypto is about the technology and it can't be erased even the governments have tried to prevent the dotcoim bubble and this time all of the things become clear that the cryptocurrency will always exist. We need a lot of support from the regulation perspective

strunberg

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Quote from: faadhilah on November 29, 2018, 09:43:41 PM

I believe cryptocurrency has a good future, and people still believe in cryptocurrency, even though crypto is now down but in the future it will certainly be able to bounce back and be better than the previous crypto

cryptocurrency future was it technology.blockchain was the future of cryptocurrency and if it developted well and adopted in many field we will see bright future for cryptocurrency especially its price.

faadhilah

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I believe cryptocurrency has a good future, and people still believe in cryptocurrency, even though crypto is now down but in the future it will certainly be able to bounce back and be better than the previous crypto

rricksu

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Quote from: Ladysmith on November 23, 2018, 06:28:59 AM

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 guess to or three cryptocurrency is enough for the world to have a good transaction but the existence of many cryptocurrency opens up a great opportunity for the traders to enter the market. I think having more crypto is beneficial at the same time, risky.

ivanleon

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I think all will be 100 pieces of the most desired coins and one coin will not be able to provide all the needs for all countries.I think so, because even in terms of the number of cryptocurrencies there should be decentralization and competition.

bitcoin.clakr

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I believe in cryptocurrency, it seems to me that cryptocurrency has a good and bright future. It seems to me that the blockchain technology is very promising.

Tondya

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I believe in the future with a few BIG cryptocurrency.
I mean, let's look at usual economy.
We have dollar, euro, franc, yuan maybe. And... it's all. It's a more powerfull currencys.
But we have thousand other less popular currencys, right?
I think we will have something similar in crypto economy,
One-two the main cryptos. And few less popular, but still alive because they will have some technology.

YoungMaster

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With the growth of cryptocurrency I think it won't go only for one coin in the future, as I believed there are still much hidden gems lies in around these top coins but we have to research which is the real coins and the shitcoins.

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