But I firmly stand on my point that the only way for crypto to have a long life is the adoption and not just price speculation. And this will come from all of us. Start in little but whenever you got the chance to pay smth with cryptocurrency, just do it. Let's give real world value to the coins we hold.
very true but you are missing the first and most important step: cryptocurrencies need to be crypto
currencies first before they can be adopted. when they are useless junk created for pump and dumps you can't expect anything other than speculation.
With so many altcoins and tokens created everyday, mass adoption is really hard for most of them.
Still, bitcoin is the leading cryptocurrency in terms of adoption.
Most of the altcoins without substance in the beginning are just pump and dump ones, a get-rich-quick scheme.
You can compare it with masternode projects also. Almost all of them are just for quick cash, they have no reason to exist at all or sometimes they will create something as a front, like charity-related wannabe project. But it all boils down to be a crap one.
But for really legit ones, with innovative ideas backed by solid known companies, they are here to change how business is being handled by blockchain technology.
And adoption will come fast, if in case they can prove to the community the benefits that it can bring to the business world.