, They are and were never a currency, They are not what you think. So I'd say that most of them are failing. They have been failing for a long time. 
Topic: Do you think the currency part of crypto currency is actually failing? Thoughts? (Read 134 times)
October 04, 2018, 05:54:02 PM
Other than bitcoin and some other coins, I don't know if you could call the rest of the sh*tcoins as currency , They are and were never a currency, They are not what you think. So I'd say that most of them are failing. They have been failing for a long time.
, They are and were never a currency, They are not what you think. So I'd say that most of them are failing. They have been failing for a long time. October 04, 2018, 05:31:39 PM
Do you think the currency part of crypto currency is actually failing? Thoughts?
We are missing an important part in all of this. As of now we have been focusing on the speculation in price and the money making, but the main thing for the cryptocurrency to live is the worldwide adoption. That's when the real value will come...
October 04, 2018, 05:04:18 PM
I think the cryptocurrency has its troublesome times. Like it has before. We can hope that the situations will become smoother again. People will be able to exchange with safety again.
October 04, 2018, 05:04:03 PM
Do you think the currency part of crypto currency is actually failing? Thoughts?
Well, there are issues, like a big speculation, this is not new, but it's impressiveness only. However, in general this is no issue for me. October 04, 2018, 04:58:54 PM
Well, the answer can be both no and yes. its true that cryptocurrency is facing a real suffering nowadays. But this doesn't mean it won't come back in normal again. After all, we always knew about the ups and downs.
October 04, 2018, 04:57:57 PM
Unfortunately it is. Cryptocurrencies are not used to pay but to trade them on the stock exchange and make money. If this continues, I think people will lose interest in cryptocurrencies.
October 04, 2018, 04:51:14 PM
I think, nowadays, people are more concerned in making money with less labor. They aren't even paying attention to the market. Very few people are coming forward to make the market great again.
October 04, 2018, 04:37:24 PM
Cryptocurrency on the way as currency by which people can buy anything and pay bill for their daily needs. But for contruct this crypto neccessarily spread out all over the world.
October 04, 2018, 04:22:45 PM
I am slidely agree with you. But not tattaly crypto now useful for big transaction and payment but still we can't buy cup of coffee and such like this by cryptocurrency. It's can't be act like fiat because it's fluctuated.
October 04, 2018, 04:00:58 PM
yes! i think. This year is the worst year for crypto price.It has started from the january falling down to %100 from its regular price.In recent month , though Bitcoin price has slightly raised but in other cryptos , no update.
October 04, 2018, 03:49:58 PM
The biggest thing that affects the currency part of cryptocurrency is the opinion that people have about the currency. A currency is only deemed relevant when people agree and the value only comes up to what people think the value should be. This is just the free market. Is it failing? Hardly. Could it be better? Oh yeah, no doubt. What I see happening now is too many Chiefs and not enough Indians. In other words, too many people want power and want to be in charge of their own coin project which dilutes the market with many projects that just don't have what it takes to succeed.
There are a lot of people with real crypto assets in their possession that simply won't turn out to be worth anything.
There are a lot of people with real crypto assets in their possession that simply won't turn out to be worth anything.
October 04, 2018, 03:33:50 PM
Yes! i think so. The present price of crypto is so low, that is under expectation. This should not go any longer. There need a pump up right now.
October 04, 2018, 03:09:07 PM
i also think so. No light of progress at all in present crypto markets. from the january of 2018 it is still low. Market analyzer predicting that from the beginning of 2019 , at least bitcoin will cope up with its price soaring up. You have to wait until it price increase.
October 04, 2018, 02:55:11 PM
I am thinking about this there are part which is focusing fluctuating the price. The currency part is falling but it is not stable. It is not a problem actually crptocurrency gives a real value.
September 24, 2018, 07:06:11 PM
Do you think the currency part of crypto currency is actually failing? Thoughts?
I have said in my other post, crypto specially bitcoin has changed a lot since its inception. When people (investors) started to see that crypto could be a making money scheme, most of their early vision or fundamentals where already lost. Specially when trading exchanges started to pop up, everyone gets onboard not because they wanted to use it a currency but to trade/invest and generate income. Maybe there are people who still uses it to buy online stuff or pay someone, but generally it has become sort of investment platform. September 24, 2018, 06:59:57 PM
It is not. Before a means of payment can be accepted a s a legal tender, it takes time. In this case, crypto is a means of transaction, which is digital and seem to be a form of threat to physical tender in terms of use. Also, cryptocurrency is beyond the control of any third party, therefore so many people,organizations and governments are looking for ways to ensure it does not succeed.
September 24, 2018, 06:53:55 PM
Nothing is falling. We r developing . Governments are against us but community will win the race and normal wide adoption will come in natural way because technology is there. Banks are the problems. Future is bright
September 24, 2018, 06:23:32 PM
Do you think the currency part of crypto currency is actually failing? Thoughts?
It fails and i would not consider crypto as a currency again because the volatility of crypto has been preventing it to be used as a currency and then it would never become an alternative way to replace the fiat or real currency because the volatility. So many merchants are rejecting or even ignoring to use crypto. September 24, 2018, 05:35:14 PM
Do you think the currency part of crypto currency is actually failing? Thoughts?
It fails and i would not consider crypto as a currency again because the volatility of crypto has been preventing it to be used as a currency and then it would never become an alternative way to replace the fiat or real currency because the volatility. So many merchants are rejecting or even ignoring to use crypto. September 24, 2018, 05:29:06 PM
I would not say failing, because you can already buy most things directly with crypto, even though the number of such shops is still limited. But it is quite difficult with the currency function, why would somebody spend something for goods or services if he believes that the price of this something (crypto 
) will significantly grow in the future. Therefore fiat payments will be prefered by such believers, which is quite paradox, because it postpones the adoption of crypto and its practical usage in everyday life.
) will significantly grow in the future. Therefore fiat payments will be prefered by such believers, which is quite paradox, because it postpones the adoption of crypto and its practical usage in everyday life. Jump to: