Pages:
Author

Topic: If cryptocurrencies disappear - how will your life change ? - page 5. (Read 1946 times)

hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Yes, bro, therefore, before all that happens, from now on we have to think of other solutions to overcome all these problems, from the current crypto income we can set aside for us to spin our thoughts so that we can make money from other businesses, the most important thing is that we can buy other assets such as a plot of rice fields and land, to be able to help our economy in the future when it is true that crypto will disappear, we also have to buy property assets that move while we can still make money from crypto like now, don't feel like we are safe in one point, we have to be clever at making other points so that we can survive and continue our lives in the future, hopefully crypto can last forever.
Hopefully, that will not happen because crypto now becomes more popular than previous years. We can save our income from crypto in other things besides saving that money to our bank because we must diversify to other potential income that will gives us more income. If that is necessary, we can create other business that we can do so we can start to have more income than from crypto only. People need to be wise to adapt with the current situation so they can survive and pass their day with right. We don't know what will happen in the future or even tomorrow so we must prepare for anything even the worst thing that can happen. We have our crypto which will help us to change our life before the bad things happen. Life is about struggling and survive so we must do whatever we can to keep living.
hero member
Activity: 3178
Merit: 977
www.Crypto.Games: Multiple coins, multiple games
It would turn out to be a humongous change for me since crypto has pretty much become an integral part of my life for various reasons. I cannot imagine how my life would be without crypto to be honest.

The biggest way it would affect me is financially just like any other crypto investor out there. Interesting question op.
legendary
Activity: 1792
Merit: 1296
Playbet.io - Crypto Casino and Sportsbook
If cryptocurrencies disappear - how will your life change ?

Let's model one situation - tomorrow morning, all cryptocurrencies cease to exist, there are no blockchains, no crypto exchanges, no P2P exchanges, no gates and other things inherent to the crypto market.
Question - what changes will happen in your life ? Just a request - let's be honest and not make things up, but objectively assess how the “disappearance” of cryptocurrencies can affect us?
I imagined a situation where cryptocurrencies would disappear as if it had never happened and I will try to answer honestly.

It will not change my life in any way. As any supporter of cryptocurrencies, I have high hopes for the future of this sphere (which is likely to happen), but at the moment cryptocurrencies don't affect my life in any way. All my financial activity (like most people around me) occurs in the traditional financial system and cryptocurrencies seem to exist, but somewhere there and separately. There are no goods or services paid for with cryptocurrencies in the immediate vicinity. How can something change my life that doesn't exist in this life in principle (if we abstract from investments and talk about everyday actions)? Smiley It doesn't. I want to say that it is too early to ask questions about the disappearance of cryptocurrencies and the impact of this event on subsequent life, when cryptocurrencies are very weakly integrated into our lives.
hero member
Activity: 1190
Merit: 543
fillippone - Winner contest Pizza 2022
If cryptocurrencies disappear - how will your life change ?

Let's model one situation - tomorrow morning, all cryptocurrencies cease to exist, there are no blockchains, no crypto exchanges, no P2P exchanges, no gates and other things inherent to the crypto market.
Question - what changes will happen in your life ? Just a request - let's be honest and not make things up, but objectively assess how the “disappearance” of cryptocurrencies can affect us?
I don't think If cryptocurrency will cease to exist with imidiate effect, but if it does, well people will still move on. When there were no cryptocurrency people leave their normal life. The only people that will be affected much is those that has %90 of their assets or investment in bitcoin or any other currency.

Though I will equally will be affected too. But if human that is so precious to us can die and we still move on our lives them if bitcoin cease to exist we will equally move on and adopt the old banking system or adapt to online wallet transaction.
There is nothing like people will move on. How do you think people will move when their money is at stake. Just imagine that you have about $10  million worth of cryptocurrency in your portfolio and you suddenly heard that it is no more in existence. How are you going to feel? Do you think you could easily move on? I think this would lead to financial disaster where people could lost their lives because they might not know where to start from or begin. Even the big banks and firms could go bankruptcy because of it. This would be a big disaster that would take years to be forgetton because we have big firms and banks that has large holdings in cryptocurrency.
hero member
Activity: 3024
Merit: 745
🌀 Cosmic Casino
In my opinion ,  it is still too early to declare it will last long or will not suddenly disappear...Cryptocurrency is still in its infancy and experimental stage, not yet mature .
The thread was just about another what if discussion and there's no problem at all when discussing something like this. I believe that crypto won't just disappear at all. We can look at the shitcoins, they are there but not gone. However, they're getting low volume and liquidity which seems to be their death. And for that matter, it's very important for someone to look at another source if they're full-time on crypto but as for the traders, they can adopt other markets, stocks, and forex and they'll likely survive. As for me, I'd do other things that I am not used to do so most likely going back from the top to start with.
sr. member
Activity: 728
Merit: 271
If cryptocurrencies disappear - how will your life change ?

Let's model one situation - tomorrow morning, all cryptocurrencies cease to exist, there are no blockchains, no crypto exchanges, no P2P exchanges, no gates and other things inherent to the crypto market.
Question - what changes will happen in your life ? Just a request - let's be honest and not make things up, but objectively assess how the “disappearance” of cryptocurrencies can affect us?
Cryptocurrency disappearing is tantamount to a death sentence for many people out there.

I don't wanna even imagine about the effect it's gonna get on me. But I know it's not going to be just like anything I have felt before.

Getting broken as a word doesn't actually serve what the situation would look like cause I know how much of an investment funds some of us have literally spread across different cryptocurrencies. And speaking for myself, I am unsure that my life is going to remain same and how long it's gonna take in a recovery process to get back standing tall.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
If cryptocurrencies disappear - how will your life change ?

Let's model one situation - tomorrow morning, all cryptocurrencies cease to exist, there are no blockchains, no crypto exchanges, no P2P exchanges, no gates and other things inherent to the crypto market.
Question - what changes will happen in your life ? Just a request - let's be honest and not make things up, but objectively assess how the “disappearance” of cryptocurrencies can affect us?
I don't think If cryptocurrency will cease to exist with imidiate effect, but if it does, well people will still move on. When there were no cryptocurrency people leave their normal life. The only people that will be affected much is those that has %90 of their assets or investment in bitcoin or any other currency.

Though I will equally will be affected too. But if human that is so precious to us can die and we still move on our lives them if bitcoin cease to exist we will equally move on and adopt the old banking system or adapt to online wallet transaction.
Surely we will manage to move forward even without crypto on our side. But I think the process might be hard most especially that crypto offer a lot of profit opportunities and then suddenly it's gone, that will really leave us in disappointment.

But let's be realistic then. If we can live a good life before crypto existence, then that's highly possible as well when it's gone. And to think that when one door closes, the other opens, so most likely the closure of crypto will pave way for another better version of crypto that everyone of us will be hooked again.
legendary
Activity: 1526
Merit: 1359
Gotta admit, if cryptocurrencies went poof tomorrow, my life wouldnt totally flip upside down.  But Id sure feel a hole where some savings used to be.  Put a nice chunk of change into bitcoin over time - were talkin double digit percentage of net worth.  Seen how it can pay off, too.   

But shoot, even more than the money, Id miss the hope and  crypto feels like a peek into the future, full of potential.  So much innovation bubbling under the surface.  Losing that spark would sting worse than any temporary money loss.
hero member
Activity: 3178
Merit: 661
Live with peace and enjoy life!
I would be broke again Smiley

Seriously, we can't underestimate the profound effect that cryptocurrency has had on so many people. People who otherwise had no business of having money (and I mean that figuratively), became wealthy. All because of HODLing. It has helped so many people buy stuff online, and it's helped them do P2P trades to get ahold of cash.
Definitely yes. Everyone will get broken actually except for those who've taken advantage with crypto and have leave the market early. But for us who are still in the process of achieving our wealth through crypto, this will really affect us hardly. But everything will only be hard at first until we get used to it. And find another means better than crypto.

However, at the moment, crypto is still making a huge demand so I don't think this will be gone soon. In fact, this may stay for good if it will be accepted as the global currency in the future.
hero member
Activity: 1036
Merit: 933
Find your Digital Services at- cryptolibrary.pro
If cryptocurrencies disappear - how will your life change ?

Let's model one situation - tomorrow morning, all cryptocurrencies cease to exist, there are no blockchains, no crypto exchanges, no P2P exchanges, no gates and other things inherent to the crypto market.
Question - what changes will happen in your life ? Just a request - let's be honest and not make things up, but objectively assess how the “disappearance” of cryptocurrencies can affect us?
Dude, why you are spreading this kind of scare to the people's?

I now this will never be happens and hope it will never happens in the future, because we saw the news of sui*ide of people after loosing their whole saving on the crypto, for example in the luna incident.

And talking about my situation if cryptocurrencies disappear my life will change into a redzone which I can't explain, I will in the street for begging or I have to go for physical to live my life. Becaue my life leading depending on cryptocurrencies right now.
legendary
Activity: 1554
Merit: 1139
If cryptocurrencies disappear - how will your life change ?

Let's model one situation - tomorrow morning, all cryptocurrencies cease to exist, there are no blockchains, no crypto exchanges, no P2P exchanges, no gates and other things inherent to the crypto market.
Question - what changes will happen in your life ? Just a request - let's be honest and not make things up, but objectively assess how the “disappearance” of cryptocurrencies can affect us?
Well, I’ve never have to think that such a thing could happen without prior warning. Although, governments constant disapproval or lack of acknowledgement could be the warning we are getting but, I don’t want to entertain that thought right now. Maybe I should but, I don’t want to because of the effect it would have on me.
I wouldn’t want to refer to cryptos as a whole but, would specifically focus on Bitcoin as that’s where am more vested and it’s sure to be devastating. Have so much belief in the idea, have built a life about it and it vanishing would be such that, it would take some time to be vested in anything else of its nature.
legendary
Activity: 3122
Merit: 1140
If cryptocurrencies disappear - how will your life change ?

Let's model one situation - tomorrow morning, all cryptocurrencies cease to exist, there are no blockchains, no crypto exchanges, no P2P exchanges, no gates and other things inherent to the crypto market.
Question - what changes will happen in your life ? Just a request - let's be honest and not make things up, but objectively assess how the “disappearance” of cryptocurrencies can affect us?
I don't think If cryptocurrency will cease to exist with imidiate effect, but if it does, well people will still move on. When there were no cryptocurrency people leave their normal life. The only people that will be affected much is those that has %90 of their assets or investment in bitcoin or any other currency.

Though I will equally will be affected too. But if human that is so precious to us can die and we still move on our lives them if bitcoin cease to exist we will equally move on and adopt the old banking system or adapt to online wallet transaction.
We hope crypto will still exist for a long time so we can get the benefit from crypto and change our life into better life. But if that is happen, I will use my money that I get from crypto to create a new business and trying to keep survive in this hard life. People will adapt to the current situation and they will search for the other opportunities because they want to still survive and keep trying with what they can. Before crypto disappear, people will sell all of their crypto to have money so they can continue their life with having the money. Many people who involve in crypto will affect but that doesn't mean we give up because many opportunities will be available especially for those who still want to continue their life and survive. The life will go on and everything will change and so do our life.
Although that not everything would really getting on what we are currently seeing specially into those opportunities on which we could really be able to potentially believe on things that we do encounter.
If we do sees up that crypto to be that a profitable one then they would be having those assumptions that it would really be that so simple on trying out to charge something. As for talking about getting
some disappearance of Cryptocurrencies then majority of people who had been able to have that kind of huge loss into their earning whatever gains that it would be potentially be able to good it all.
Nothing do last forever into this world but doesnt mean that there's nothing that will really be that remains to be that. Also, on the moment that rest directions would really be that for them to be inside of it.

Invest on what you can afford to lose so that on whenever what kind of things you would really be dealing then it would be a common approach that you should be going for another plans as well.
Never ever make yourself that trying out to go all in on particular things on which you dont really even know on where it would really be ending up.
AS for this kind of situation then this do basically shows that someone could be able to do such thing.
full member
Activity: 1554
Merit: 129
Buzz App - Spin wheel, farm rewards
We hope crypto will still exist for a long time so we can get the benefit from crypto and change our life into better life. But if that is happen, I will use my money that I get from crypto to create a new business and trying to keep survive in this hard life. People will adapt to the current situation and they will search for the other opportunities because they want to still survive and keep trying with what they can. Before crypto disappear, people will sell all of their crypto to have money so they can continue their life with having the money. Many people who involve in crypto will affect but that doesn't mean we give up because many opportunities will be available especially for those who still want to continue their life and survive. The life will go on and everything will change and so do our life.

Yes, bro, therefore, before all that happens, from now on we have to think of other solutions to overcome all these problems, from the current crypto income we can set aside for us to spin our thoughts so that we can make money from other businesses, the most important thing is that we can buy other assets such as a plot of rice fields and land, to be able to help our economy in the future when it is true that crypto will disappear, we also have to buy property assets that move while we can still make money from crypto like now, don't feel like we are safe in one point, we have to be clever at making other points so that we can survive and continue our lives in the future, hopefully crypto can last forever.
legendary
Activity: 3752
Merit: 1864
I'll summarize the interim results. The most “expected” consequences were:

1. the majority of people will look for another method of ADDITIONAL earnings
2. Some people will lose their jobs directly or indirectly related to the cryptocurrency sector.
3. some people will lose a LARGE PART of their savings.
legendary
Activity: 2254
Merit: 2003
A Bitcoiner chooses. A slave obeys.
If cryptocurrencies disappear - how will your life change ?

Let's model one situation - tomorrow morning, all cryptocurrencies cease to exist, there are no blockchains, no crypto exchanges, no P2P exchanges, no gates and other things inherent to the crypto market.
Question - what changes will happen in your life ? Just a request - let's be honest and not make things up, but objectively assess how the “disappearance” of cryptocurrencies can affect us?

That would reallly suck. I think my entire money would go down the drain, if it happened suddenly. Also, I would not have any more reasons to be active in the cryptocurrency community, even though I have been active basically everyday since I became a coiner. Even long before.

Life would definitely become a bit sadder, knowing we are trapped with fiat. Again.
legendary
Activity: 1568
Merit: 6660
bitcoincleanup.com / bitmixlist.org
I would be broke again Smiley

Seriously, we can't underestimate the profound effect that cryptocurrency has had on so many people. People who otherwise had no business of having money (and I mean that figuratively), became wealthy. All because of HODLing. It has helped so many people buy stuff online, and it's helped them do P2P trades to get ahold of cash.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
If cryptocurrencies disappear - how will your life change ?

Let's model one situation - tomorrow morning, all cryptocurrencies cease to exist, there are no blockchains, no crypto exchanges, no P2P exchanges, no gates and other things inherent to the crypto market.
Question - what changes will happen in your life ? Just a request - let's be honest and not make things up, but objectively assess how the “disappearance” of cryptocurrencies can affect us?
I don't think If cryptocurrency will cease to exist with imidiate effect, but if it does, well people will still move on. When there were no cryptocurrency people leave their normal life. The only people that will be affected much is those that has %90 of their assets or investment in bitcoin or any other currency.

Though I will equally will be affected too. But if human that is so precious to us can die and we still move on our lives them if bitcoin cease to exist we will equally move on and adopt the old banking system or adapt to online wallet transaction.
We hope crypto will still exist for a long time so we can get the benefit from crypto and change our life into better life. But if that is happen, I will use my money that I get from crypto to create a new business and trying to keep survive in this hard life. People will adapt to the current situation and they will search for the other opportunities because they want to still survive and keep trying with what they can. Before crypto disappear, people will sell all of their crypto to have money so they can continue their life with having the money. Many people who involve in crypto will affect but that doesn't mean we give up because many opportunities will be available especially for those who still want to continue their life and survive. The life will go on and everything will change and so do our life.
sr. member
Activity: 504
Merit: 389
The great city of God 🔥
If cryptocurrencies disappear - how will your life change ?

Let's model one situation - tomorrow morning, all cryptocurrencies cease to exist, there are no blockchains, no crypto exchanges, no P2P exchanges, no gates and other things inherent to the crypto market.
Question - what changes will happen in your life ? Just a request - let's be honest and not make things up, but objectively assess how the “disappearance” of cryptocurrencies can affect us?
I don't think If cryptocurrency will cease to exist with imidiate effect, but if it does, well people will still move on. When there were no cryptocurrency people leave their normal life. The only people that will be affected much is those that has %90 of their assets or investment in bitcoin or any other currency.

Though I will equally will be affected too. But if human that is so precious to us can die and we still move on our lives them if bitcoin cease to exist we will equally move on and adopt the old banking system or adapt to online wallet transaction.
hero member
Activity: 1792
Merit: 534
Leading Crypto Sports Betting & Casino Platform

I never thought about it and I don't believe it will happen but if it did my life would definitely be terrible. Although I do not invest all my assets in crypto, I have great faith in this market. Because I know that it is the best solution I have to change my life when everything in the world is getting too difficult and there are not many opportunities for me.

Grin your life will be terrible? Perhaps, what you invested is probably greater than what you can afford to lose. What Op presume is actually a fiction but it passes a very deep message. Waking up to see crypto no more sounds weird but crazy things happen in crypto and you shouldn't invest what you can not bear the loss in case of any misfortune. I will advice you to review your investment and if possible reduce or diversify your investment.

No one wants to lose money when investing, whether it is a small amount or a large amount because it is human nature to always want more and not want to lose even a little bit.
Let's say my total assets are $100k and I invest 30% of that in crypto, and if I lose that money, I will feel bad because to earn $30k, I will have to spend more time and effort. Losing $30k won't kill me but if I say, I don't feel sad or bad, I'm just lying to everyone and myself.

I want to ask you, how much money can you accept losing when it is money you have worked hard and saved little by little to get? “Only invest money you can afford to lose” is the most widely spread advice in the market but how many people actually do it? And how many people don't feel disappointed when they lose money?

There is a huge gap between saying and doing, and similarly, we easily give advice to others, but have we done it well?
hero member
Activity: 1974
Merit: 539
Leading Crypto Sports Betting & Casino Platform
I have a strong feeling that cryptocurrency is here to stay. From my experience with the global economy, when a market shows signs of corruption, they don’t typically eliminate it; instead, they work to regulate it. With over $30 billion in trading volume, jobs, businesses, and tax contributions tied to this market, economists in first-world countries likely view it differently than some might expect.

It is not just you who feels that way , everyone has that thought and feeling because most of them expect it to change their life or even make them rich  . But after all , it's just our feelings and desires , we don't have enough data to confirm it .

If you're talking about its role and its impact on the global economy and you think it's important, that's not necessarily true. Global GDP is over 100 trillion dollars, of which cryptocurrencies are over 2 trillion and have a trading volume of over 50 billion per day . I didn't even think it would make a significant impact , let alone play a major role in the economy .

In my opinion ,  it is still too early to declare it will last long or will not suddenly disappear...Cryptocurrency is still in its infancy and experimental stage, not yet mature .
Pages:
Jump to: