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Topic: Do you see a future with one cryptocurrency or thousands? - page 19. (Read 23996 times)

sr. member
Activity: 623
Merit: 262
People are really confused as market gives a lot of options like where to invest. People who research on their own and invest are mostly get benefit. Also there are few people's who give prior on the top 10 coins of CMC. Because of their popularity in the crypto market they believe it last long forever. Guys believe it or invest in any coin for long-term success will be on your way. Crypto has a bright future there is no doubt in that, those who Invested before few years are millionaires today.
sr. member
Activity: 770
Merit: 250
will not reach thousands but also not going a little bit. only quality crypto and decent can and will be able to survive. every time a new crypto emerged and many were dead. This is a balance that would be needed so there will be created a crypto dead and junk on the market.
full member
Activity: 602
Merit: 100
Thousands of cryptocurrencies are not needed, but competition among the coins is healthy and the best ideas, use cases and coins or platforms will win at the end. I think that 10-20 top coins will outperform others  in the future and they will prevail but there will always be a leader like BTC is today.
member
Activity: 616
Merit: 11
In the next few months we will see some vapourcoins disappear as they won't have enough funds to survive the bear market. Strong coins will survive and investors will stick with the top 100 CMC coins, aside from occasional worthy ICOs
hero member
Activity: 625
Merit: 500
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?
talking about far future, i agree. that would be more reasonable and practical. now we have some kind of race, and the most successfull coin will be chosen as the one that all the world will accept
legendary
Activity: 1176
Merit: 1024
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.
I think those are really extremes you got there. Does it have to be either ONE or a THOUSAND. Isn't that a bit too much to ask ?

I think it is possible that we can have about 50-100 good crypto in the future. Maybe not all the ones we have right now and there will be some new ones that people will love and get higher in the ranks but the main point is I doubt we will ever have one coin that is important with useless other coins nor we will not have a thousand coins that worth anything ever.

The important coins are usually the top 10 coins, even top 5 coins to be more precise. Those are make up for the 90%+ of the marketcap. Rest are just there because someone invented it and they did not think what they should do afterwards. People like even the 500th coin but that won't make it worth anything. Hence I believe the max cap will be 50-100 and not one or thousand.
hero member
Activity: 1092
Merit: 501
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?
It is likely that the future is still going to include thousands of cryptocurrencies, but that doesn't mean that we are going to use all of those currencies, at this moment I only use bitcoin and ethereum and it is quite likely that I will keep using only those two coins for the foreseeable future regardless of the number of coins that exist in the market in the future.
legendary
Activity: 3766
Merit: 1217
There are almost 10,000 different altcoins and tokens in circulation right now (majority of them are either dormant or defunct). In the future, only a very small fraction of them are going to survive. My rough guess is anywhere between 10 and 200. 
newbie
Activity: 6
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 believed that cryptocurrency is the future currency of the world. it will be accpeted all over the world in the next ten years
newbie
Activity: 14
Merit: 0
I think that now it makes no sense to invest in altcoins Sad
newbie
Activity: 14
Merit: 0
m-m... what to buy at now?
newbie
Activity: 14
Merit: 0
Just Hold, friends
hero member
Activity: 2366
Merit: 504
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?
Most of them dead tokens and they should be removed from the CMC or any other coinmarketcap site. that calculation of how much coins still alive doesn't have a lot of accuracy. I'm still seeing the future of crypto consider it's about the competition which platform will created a fully utility token.
legendary
Activity: 1386
Merit: 1000
I think that in the future, many crypto-currencies will die out and only a few coins will remain necessary. It is possible that there will be projects based on the blockchain system whose tokens will have to be used, since it will be convenient, but 90 percent will die.
full member
Activity: 1260
Merit: 102
Well i think that the good coins will stay but the average and below average coins will be eliminated by the system itself. They just won't have enough users and because of that they will gradually fade away.
jr. member
Activity: 154
Merit: 1
I don't think those thousands of coins will last long. I think that in the end there will be a small handful of cryptocurrencies that will really mean something. But if you do not look at the long term, then you can earn from these thousands.
jr. member
Activity: 210
Merit: 3
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 can suggest that it will be reducing little by little. it's logical, isn't it? why on earth we need all of that, especially when there are many unreliable ones. another 10 years will clear it out
legendary
Activity: 2114
Merit: 1150
https://bitcoincleanup.com/
I agree that there is just too many. It is already hard for me to monitor fifty cryptocurrencies. One, however, is too little. Maybe a hundred is a fair number but I do not see that happening. If one coin/token dies, ten will appear.
member
Activity: 420
Merit: 14
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 of different types of cryptocurrency will only increase with time. This will occur by increasing the different types of tokens. They are owned mainly by large and medium-sized enterprises and are used in various narrow areas of our business. However, they, as a rule, can not be interchanged. That is, the performance of various functions of tokens and the presence of a large number of their owners excludes the possibility of their concentration in one hand or even in one campaign.
member
Activity: 446
Merit: 12
BitbondSTO.com | Germany’s First STO
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 also think that later if the ICO project is only aimed at listing and trading so that they forget the product that should be developed then, it is not impossible if crypto will be full of rubbish. on the other hand, of course there are still people who are still interested in this so they are addicted
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