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Topic: Growth of bitcoin with respect to Blockchain (Read 300 times)

hero member
Activity: 1274
Merit: 516
We need to increase the trust and try to persuade governments to legalise bitcoin, some of the adoption slowing down because the government ban bitcoin, and we need to educate people about bitcoin, what is the usage and the potential in the future, and hopefully we can decrease the criminality using bitcoin, the rising of blockchain usage can give a positive growth to bitcoin
member
Activity: 448
Merit: 20
Bitcoin has grown so much over the years and so has the Blockchain and it's use. Today Blockchain has so many use cases such as banking, real estate, network solutions, healthcare etc...
But with the growing development of the Blockchain, bitcoin is still lacking behind with the adoption. The adoption rate has been increased over the time but is still less than expected.
This shows that the people/industries trust more on blockchain and less on bitcoin. Don't you guys think if it keeps going on like this then bitcoin won't make it big in the future.
What can we do, that will make bitcoin to grow as much as the blockchain has grown over the time?

Blockchain will be a revolution in the coming years
have already begun to enter into many industries such as health and financial services tourism and others
BTC is another story subject to market laws
on the other hand, BTC offered us the financial freedom we wanted
As well as the elimination of third party control to a large extent.
member
Activity: 420
Merit: 20
simply getting the job done
Something I do not notice that the blockchain has grown so much as you wrote about it. Give examples of those companies that use blockchain in the real economy and these projects are already working. I think that you find it difficult to name more than 5 projects. But everyone know about Bitcoin all over the world. And it continues to evolve. And do not forget that if the blockchain turns out to be introduced into the real economy and humanity finds this technology very useful, then Bitcoin is likely to become the number one payment method in the world. As you understand, it can become the most common blockchain in the world. So I would not worry that Bitcoin will disappear or become a mediocre project.
legendary
Activity: 3458
Merit: 1960
Leading Crypto Sports Betting & Casino Platform
"The Blockchain" idea has grown exponentially, because it is hyped up in the media and the financial industry has something to develop now. There has been little development and creativity in the financial industry for many years and Bitcoin stimulated this industry with the introduction of the Blockchain.

Bitcoin the token has been "tainted" by the corrupt media, because the financial industry behind them want to develop their own private token and the Bitcoin token will be their biggest competition.  Angry
legendary
Activity: 2282
Merit: 1344
CoinPoker.com
I don't agree to what you said that bitcoin is lacking behind, adoption is increasing as time goes by. Different companies starting to use blockchain and there are some companies starting to accept bitcoins for the payment of their goods or services. As also you can see on this chart, the transactions per day are also increasing.

legendary
Activity: 3080
Merit: 1144
The blockchain technology can perform so may real life operations, it can be implemented in more areas than just in the cryptocurrency area, that's the reason why it has grown and will continue to grow faster.The blockchain technology has more use than the bitcoin and it's more easily accepted
I guess when we speak of blockchain it should be bitcoin.
Who originated the blockchain? Of course it's coming from bitcoin or in the crypto so whatever development they will have with blockchain, they should look up to the one who originated that. In order to give credit, let's support Bitcoin so investors will be rewarded and decentralization will prosper.
legendary
Activity: 2296
Merit: 1014
What can we do, that will make bitcoin to grow as much as the blockchain has grown over the time?
You believed in marketing buzz word that means nothing.  Bitcoin IS blockchain and blockchain IS bitcoin. Only bitcoin have distributed computing power to secure blockchain, no other project in the world have it so their "blockchain" is just database Smiley.
Keep facts first, then marketing stuff because you don't gain knowledge from TV ads right? So you should not from "blockchain" projects ads also.
legendary
Activity: 1652
Merit: 1483
Bitcoin has grown so much over the years and so has the Blockchain and it's use. Today Blockchain has so many use cases such as banking, real estate, network solutions, healthcare etc...

are you sure about that? how do these use cases actually work? permissioned networks that offer no security beyond the current system? federated consensus networks that will open up new attack vectors for double spending?

i've never seen a working prototype or even a proof of concept for the supposed blockchain revolutions coming in these industries. i think it's all just hype and R&D and most of it will go nowhere.
legendary
Activity: 1946
Merit: 1224
Life's but a walking shadow!
The blockchain technology can perform so may real life operations, it can be implemented in more areas than just in the cryptocurrency area, that's the reason why it has grown and will continue to grow faster.The blockchain technology has more use than the bitcoin and it's more easily accepted
member
Activity: 574
Merit: 12
what you put up is the truth, people believe the blockchain technology more than bitcoin. To me i feel the reason why we don't see much adoption on bitcoin is due to the fact that lots of people are scared of its volatility especially since price dropped from 19k dollars. Lots of persons heard when the price pumped but then when it dropped it put a fear in them. We should talk to people more about the benefits of using bitcoin and show them how it can be used. Most persons have heard about bitcoin but have no idea what bitcoin really is, so its our responsibility to talk to every person we come across about bitcoin and its great benefits.
hero member
Activity: 1806
Merit: 671
The way I see it is it depends on where you are looking at. If you are looking at big businesses such as financial companies then you would obviously notice that they are more involved in blockchain rather than cryptocurrencies. But if you look at the cryptocurrency community you will see the exact opposite. The thing is in terms of usability both have more purpose to their users and I don't see one of them being more popular than the other as both of them are still considered young and both of them still has to receive proper footing in our world to develop.
copper member
Activity: 2
Merit: 0
Dear friends,
There is no two opinions that blockchain technology is the demand of future. Bitcoin value at this point of time is undervalued as far as my personal opinion is concern.
There are n no. of factors which are going to make bitcoin price to new heights but this is also a fact that it will not happen very soon. I am sure in 3-5 years it will hit the rate beyond our imagination.
Thanks
hero member
Activity: 2282
Merit: 532
Sugars.zone | DatingFi - Earn for Posting
Long back itself this issue is getting revolved all around. Earlier people had a misunderstanding between blockchain and bitcoin. In this way some countries banned blockchain and later understood its need and adopted into the country's whole financial infrastructure. Growth of bitcoin is supposed to happen with blockchain, recently such growth isn't experienced as market seems to be on a varied platform.
full member
Activity: 1092
Merit: 117
People know that in order for them to be able to use blockchain technology they don't need to also work with bitcoin. Meaning people definitely like the idea of blockchain and the advantages that it brings to all industries but they don't consider bitcoin necessarily a part of that blockchain technology we are talking about. Sooner or later, if blockchain technology will become very popular there are also going to be people coming from it to bitcoin. Even though not 100% of those people involved with blockchain will also get involved with bitcoin i think eventually most of them are going to do it since bitcoin is the first thing that made blockchain technology so popular as it is today.
hero member
Activity: 2674
Merit: 713
Nothing lasts forever
Bitcoin has grown so much over the years and so has the Blockchain and it's use. Today Blockchain has so many use cases such as banking, real estate, network solutions, healthcare etc...
But with the growing development of the Blockchain, bitcoin is still lacking behind with the adoption. The adoption rate has been increased over the time but is still less than expected.
This shows that the people/industries trust more on blockchain and less on bitcoin. Don't you guys think if it keeps going on like this then bitcoin won't make it big in the future.
What can we do, that will make bitcoin to grow as much as the blockchain has grown over the time?

There are som many financial "experts",economists,politicians and business moguls that say "blockchain is awesome,but bitcoin is a bubble".They aren't familiar with how the blockchain works,but they keep pumping the hype.The blockchain technology still hasn't been  adopted in any of the areas you mentioned.
There's still lot's of potential for both bitcoin and the blockchain,but we should stop listening to the fake gurus.
You might be wrong here because there are so many industries that have adopted the blockchain technology.
IBM is using blockchain for Banking.
Deloitte is using blockchain in Real estate.
Juniper Network is using blockchain in network solutions.
There are many which I have not mentioned here. You can refer the below link for the rest of it's use cases and companies which have adopted it.

https://blog.advids.co/20-blockchain-use-case-examples-in-various-industries/
jr. member
Activity: 205
Merit: 1
I agree even Bitcoin is developed and introduced based on Blockchain technology there is no significant connection between growth of blockchain technology and Bitcoin because blockchain is a  technology that can be used and adopt into many industries without any interference of BTC due to its potential qualities and we see many companies does that but without Bitcoin I doubt that anyone even notice the name of such technology
legendary
Activity: 3080
Merit: 1500
Bitcoin has grown so much over the years and so has the Blockchain and it's use. Today Blockchain has so many use cases such as banking, real estate, network solutions, healthcare etc...
But with the growing development of the Blockchain, bitcoin is still lacking behind with the adoption. The adoption rate has been increased over the time but is still less than expected.
This shows that the people/industries trust more on blockchain and less on bitcoin. Don't you guys think if it keeps going on like this then bitcoin won't make it big in the future.
What can we do, that will make bitcoin to grow as much as the blockchain has grown over the time?

Growth of bitcoin has no relation with the growth of blockchain. Both are separate things and should not be compared with each other.

Just for an example, India has adopted blockchain and one of our states called "Telengana" has started issuing birth certificates on blockchain. However, this same country asked Banks to stop providing services to the crypto related companies. So this is how it is!!

Bitcoin is growing slowly but surely! It would take it's own sweet time but it will reach the goal at the end of the day! But there's certainly no way to tie the growth of bitcoin with the growth of blockchain!
full member
Activity: 364
Merit: 127
Bitcoin has grown so much over the years and so has the Blockchain and it's use. Today Blockchain has so many use cases such as banking, real estate, network solutions, healthcare etc...

Yes, it's true that bitcoin and blockchain have come so far. The blockchain is not involved or has been implemented from the things that you said.

But with the growing development of the Blockchain, bitcoin is still lacking behind with the adoption. The adoption rate has been increased over the time but is still less than expected.

It's because of the civil war that has been happening for years and it's taking its toll upon bitcoin, that's why its progress is slow.

This shows that the people/industries trust more on blockchain and less on bitcoin. Don't you guys think if it keeps going on like this then bitcoin won't make it big in the future.

It's getting bigger day by day so there's nothing to worry about bitcoins future.

What can we do, that will make bitcoin to grow as much as the blockchain has grown over the time?

Bitcoin is vastly known throughout the world, so there not much we can do. If you are talking about its price, then just put your faith into bitcoin and it will reward you.
hero member
Activity: 2968
Merit: 913
Bitcoin has grown so much over the years and so has the Blockchain and it's use. Today Blockchain has so many use cases such as banking, real estate, network solutions, healthcare etc...
But with the growing development of the Blockchain, bitcoin is still lacking behind with the adoption. The adoption rate has been increased over the time but is still less than expected.
This shows that the people/industries trust more on blockchain and less on bitcoin. Don't you guys think if it keeps going on like this then bitcoin won't make it big in the future.
What can we do, that will make bitcoin to grow as much as the blockchain has grown over the time?

There are som many financial "experts",economists,politicians and business moguls that say "blockchain is awesome,but bitcoin is a bubble".They aren't familiar with how the blockchain works,but they keep pumping the hype.The blockchain technology still hasn't been  adopted in any of the areas you mentioned.
There's still lot's of potential for both bitcoin and the blockchain,but we should stop listening to the fake gurus.
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
The value of bitcoins has peaked above $ 19000 in 2017, the year 2018 was not a promising year for the cryptocurrency market when it comes to the valuation. There are more likely chances for the price of bitcoins to surge with a huge leap in the market which could cross $ 50000 most probably in the next bull run, but i do not expect the market to hold that valuation for a long time. Blockchain technology has brought a tremendous change and many of the companies and governments have accepted the blockchain technology due to high transparency in the blockchain technology. Adoption will happen gradually and we will attain that goal.
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