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Topic: Do you see a future with one cryptocurrency or thousands? - page 7. (Read 23996 times)

legendary
Activity: 2450
Merit: 1047
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'd like to see that be-all-end-all decentralized platform in my lifetime we all thought it was Ethereum but the competition is just too good that Eth is having a very hard time to become that be-all-end-all decentralized platform, and I don't know if we will ever have that kind of be-all-end-all decentralized platform that you are talking about.
jr. member
Activity: 34
Merit: 1
so many new altcoins appear on the exchange. but I think in the future there will only be one who really becomes the crypto leader. I believe it is bitcoin.
hero member
Activity: 1344
Merit: 502
There will most likely be quite a few cryptocurrencies of various types once the technology matures and more use cases are explored and that's not including the tokenized asset area which will become a huge industry in the near future as more businesses and enterprises adopt these innovations
sr. member
Activity: 729
Merit: 250
In the future, there will certainly be more crypto currencies available and presented in the community with the hope of being the best among the other crypto, but in the end there will always be the best and become number one of the many crypto currencies that are present in the world . I still have confidence that bitcoin will always be the top and become the king of crypto.because bitcoin is indeed the best coin that exists today with the highest price and is better known by many people around the world and has gained the trust of many people.
full member
Activity: 602
Merit: 100
with so many thousands of crypto, the crypto future fades a little. but crypto won't have a good future when there is only one crypto, because that will cause the level of competition not to be bad.
full member
Activity: 490
Merit: 100
CAT.EX Exchange
coins that have communities and real products that will survive because they are indeed needed as a means of payment, while coins that only manipulate prices without having a community and real products will be eliminated and eventually die.
member
Activity: 512
Merit: 10
The market will clean up the shitcoins and only several coins will prevail, the most valuable ones. We have different Fiat currencies as well, not only one but some of them are dominant. That will be the situation with cryptocurrencies as well.
full member
Activity: 588
Merit: 100
I think that global tokenization will occur in the future, because it is this situation that should change the situation in general, as the market will in any case move toward such an economy.
member
Activity: 378
Merit: 10
Personally, I believe that in the future, on the crypto market, about ten or twenty coins will be quite enough to successfully solve all the necessary tasks. Thanks to this reduction in the number of coins, traders and investors will have more opportunities for income and successful work.
full member
Activity: 588
Merit: 100
The future of crypto is certainly very good. Of course the future of the cryptocurrency is definitely a lot. Not just one. Because every day and year cryptocurrency will continue to increase and increase in value. The future of cryptocurrency is definitely a lot.
In general, of course, I support your opinion and I also think that cryptocurrencies will have a very bright future, compared to what the world does with cryptocurrencies today. We need to take advantage of the situation and work with the market today.
member
Activity: 476
Merit: 10
By having thousands of coins in crypto with different types, it will further enlighten your future. Many sources of income that you have will be able to develop consistency in accordance with their respective abilities. Security from the reach of hackers and the like will also be increasingly controlled. The current situation is very supportive of diversifying in many areas.
member
Activity: 636
Merit: 11
There will be still many cryptocurrency available, but there will be some that aren't usable and has small value and also there will also available coins that has so much value on it.
only coins that has function and adoptable could survive in this market.maybe only 1 percent from total coin in market could adopted and implemeted in our life.
full member
Activity: 518
Merit: 124
Honestly there are some good crypt I currencies while there are some of them that are too bad to imagine. Some have great future while some others don't have.
hero member
Activity: 1960
Merit: 547
DGbet.fun - Crypto Sportsbook
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 like the theory of Andreas Antonopoulos. He says that there will be a huge amount of cryptos and there will be some kind of special wallets or meta-layers which will convert your basic crypto (BTC, ETH and so on) into the currency you need to buy something somewhere. So for user it will look like there is only one-two basic currencies, but in reality there are millions, but this kind of an incapsulation will make the magic happen. I think that it's very far-sighted opinion to make crypto really usable for billions of people.
sr. member
Activity: 770
Merit: 250
There will be still many cryptocurrency available, but there will be some that aren't usable and has small value and also there will also available coins that has so much value on it.
member
Activity: 420
Merit: 24
There are lots of coins now, I believe if  thousands, because many new coins that are born are imitating existing coins, there are also results of existing innovations. so the future of Crypto will always be filled with new coins because of course there will be updates from time to time.
hero member
Activity: 2786
Merit: 657
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Only a matter of time for one coin to survive and become a champion. but it seems like that is impossible because after all there will be rivals. the remaining ones will not be thousands but maybe tens. because there are several different Crypto platforms and different objectives.
Apart of every project having there own diverse of platforms and objectives. It is not possible to have one crypto currency because the crypto/blockchain network are broad and it get better when it contain huge project because there will be rivals between the projects and with this every project will work round the clock to be the top supported project. Besides, I believed Satoshi visualized this which is why he make every protocol of bitcoin an open source.
jr. member
Activity: 188
Merit: 1
the old will definitely be more powerful.
because the new coin don't have large communities like the old coin.
hold old coin will be very profitable compare to new coin
hero member
Activity: 1904
Merit: 541
There are almost or more than 200 Countries in this world.
Therefore there will be more than 200 cryptocurrency at least.
Crypto is a future of currency which every country will have their own crypto.
Venezuela already have their crypto "PETRO".
Thousands will be good to have in this world as there are so many businesses in this earth.
full member
Activity: 1024
Merit: 100
I see in the future there will be lots of crypto coins in the market. every day new coins will be released, but there are also coins that will die because of being abandoned by investors.

the current situation will be the same in the future. nothing is different. which only distinguishes regulations and market situations. crypto will be more in demand in the future because the government approves crypto and clearly the market is no longer falling.
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