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Topic: Do you see a future with one cryptocurrency or thousands? - page 4. (Read 23971 times)

full member
Activity: 420
Merit: 100
I think that one currency will be used throughout the world as long as the coin is able to develop well and can survive onwards instead of using lots of crypto coins but the results are less effective, and we must be selective in looking for these coins, don't choose the wrong amount of coins this
If you compare with modern means of payment, it is obvious that there will be about 5-10, and maybe more coins, because there is more than one quality coins, but too many coins will interfere with each other in the development and just do not need
jr. member
Activity: 188
Merit: 1
Adoption Blockchain e-Commerce to World
I think that one currency will be used throughout the world as long as the coin is able to develop well and can survive onwards instead of using lots of crypto coins but the results are less effective, and we must be selective in looking for these coins, don't choose the wrong amount of coins this
full member
Activity: 207
Merit: 100
There will definitely be many chains because the competiton is actually relatively good. I was just reading about this on Ampleforth's blog aobut the 'one chain to rule them all'

https://medium.com/ampleforth/independent-currency-in-a-multi-chain-world-67032dce8296
full member
Activity: 644
Merit: 101
To be honest, I hope that in the future only BTC will rule, but I don’t say that it will be good, because the ICO or STO model as a whole looks very good today. Therefore, I hope that today people will accept this model.
full member
Activity: 770
Merit: 100
Oikos.cash | Decentralized Finance on Tron
there are a lot of cryptocurrencies on the market, they are born every day, but not many investors care about them because there are too many coins while there are few investors, in the future, I think they will die a lot .

not just many, but 95 percent of those coins that we see now at the coinmarket - nobody will need them in the future
sr. member
Activity: 784
Merit: 250
The future is in blockchain technology. We will have to see if all different cryptocurrencies will be needed.
the progress of the era and technology will continue to grow and of course it must also be followed by economic developments that already exist with crypto currencies and blockchain as investors we also have to follow these developments
full member
Activity: 518
Merit: 100
https://saturn.black
I believe that more than hundred of coins and tokens will survive because if I guess right over hundred crypto coins has working products and that is a good thing ,in the future thousands of coins will die and the ones with real use will be alive
I do not believe that in the future there will be more than 100 actively used and most importantly unique coins, and why such a number? In my opinion, it would be enough 5-15 of the highest quality and advanced, the rest will be superfluous
member
Activity: 756
Merit: 14
The point is as far as people are investing in these so called 'pump and dump' coins we will keep repeating the circle ,many useless coins and tokens will die ,some within months and some after few years ,just make sure you keep or hodl coins that have huge demand ,its the surest way of keeping coin alive, no matter what ,if the demand is high the coin will live longer
jr. member
Activity: 350
Merit: 4
I believe that more than hundred of coins and tokens will survive because if I guess right over hundred crypto coins has working products and that is a good thing ,in the future thousands of coins will die and the ones with real use will be alive
member
Activity: 142
Merit: 10
there are a lot of cryptocurrencies on the market, they are born every day, but not many investors care about them because there are too many coins while there are few investors, in the future, I think they will die a lot .
jr. member
Activity: 168
Merit: 1
“Justice as a Service Infrastructure”
I believe that hundreds and thousands of projects are eligible for existence, but not many of them can count on mass use like BTC or ETH. Therefore, when choosing a project for investment should take into account this fact. But in the future, I hope that the market will be cleared of so many projects, because it is too frightening for potential users of cryptocurrency.
sr. member
Activity: 770
Merit: 250
Even in this bear market, there are still new coins keep on being create. In the future there will be more and more coins available, but to be sure it will be just several coins that will be able to keep on alive and usable.
member
Activity: 290
Merit: 10
Join @Bountycloud for the best bounties!
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?

In this winter crypto season, there were small thousand projects which were die and removed from market. And I think in the next time, some other projects which don't have strongly potential financial and the good stratergy to control capital will also be die and must stoping their project
hero member
Activity: 2856
Merit: 644
https://duelbits.com/
Some coins have been thrown out and died, I am not sure of that amount.

maybe only a few coins have large volumes and real products that will survive and contribute greatly to the market.
full member
Activity: 588
Merit: 104
I do not believe that thousands of coins will be as payment option.
The best ones will be the winners of this competition and they will prevail.
Do not think we need so many copycats on the market.
BTC will be one of it for sure.
full member
Activity: 714
Merit: 101
I believe that the future of cryptocurrency in a variety of projects. In any case, those projects that have no prospects will die in the future. Therefore, we do not need to decide which project needs to exist.
newbie
Activity: 5
Merit: 0
I don't see a future if the amount of projects just keep growing like it's doing now. We need solid projects and not just ideas and fund raising.

The only way I see crypto overcoming this is when the community stops the support on every project that comes out without having solid team background and legit idea. If this is possible, there will be like 50 projects each being the best on their one field, similar to what tech companies are doing now. Also one specific thing is that most of the ICO's start from scratch and we know how hard is to have users in a blockchain application, so best approach would be something similar to what Sylo is doing, they took their P2P semi-decentralised application that has been around for a few years and are moving towards being completely blockchain decentralized.
member
Activity: 434
Merit: 10
Just like the whole world is not having just one crypto currency, the world of crypto can not exist without many cryptocurrencies so I see the future of crypto to be choked with a lot of more cryptos that are yet to come.
member
Activity: 448
Merit: 12
There is no doubt, some ICOs are making some difference and are distinct compared to so many of them that produce shit coins.
There are just thousands of shit coins and very few of them genuine, perhaps 1:8.
This is not just happening, it has started for quite some time now. We are only seeing them manifesting these days.
There will be many good coins, if they can be accompanied with good products.
full member
Activity: 1036
Merit: 109
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?

Well, I think there will be more and more cryptocurrency as we head on to the future. Some of them will be widely used and some will be useless. We can expect mass adaptation and government approving the usage of crypto in the future. So it will not be too shocking if there will be over thousands of them in the future.
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