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Topic: Its a gradual process - page 5. (Read 672 times)

hero member
Activity: 1470
Merit: 509
November 25, 2019, 05:10:31 PM
#17
If i have to look back at the past of bitcoin and crypto well i'd say there is still huge hope left in future, despite all the ups and downs in the early life of bitcoin and few altcoins available back then here they are today,  and now here we are with better adoption compare to the past, once upon a time it was just a single btc ATM in 2013 and now we have thousands, Adoption is slowly taking over but its hard for many to see because many are so unprepared for the down side of crypto, they only want the good side which is not a reality to me, for what so ever is going to work will have its challenges, remember that rome was not built in a day, lets fully support the technology and hopefully we will start seeing 6 figure bitcoin price in the near future..
IMO we can consider this by not calculating the BTC in USD. When we ignore the price against USD, we can see how good the developments are. Because, technology, innovation, the future does not mean the USD, but BTC, blockchain. As you said, the development continues at a very rapid pace, lets focus on it together, and the rest will improve over time.
member
Activity: 644
Merit: 12
Alternative investment banking platform
November 25, 2019, 04:04:02 PM
#16
I think that terminals with bitcoin are not the only things to wait for the bitcoin to fly into space, I think that something else is more significant, since the terminals are used only to buy bitcoin and sell, and this is just speculation I think something more is needed.
legendary
Activity: 2408
Merit: 4282
eXch.cx - Automatic crypto Swap Exchange.
November 25, 2019, 04:01:06 PM
#15
Blame the ICO era for introducing impatient gamblers disguise as enthusiast (Investors) and also for introducing worthless project in their numbers been operated by scammers/developers without vision but just chasing the hype associated with the industry. Before the sudden trend of quick money been made from the industry, the early enthusiasts has always believed in the gradual process, that's why bitcoin was able to survive even when it wasn't profitable or can be easily exchange as in recent times.

The industry is now filled with so many distractions and it's disrupting the gradual process as everyone is more concerned about the price than the progress of the technology been developed and rate at which it's been adopted. We speak of the industry been a gradual process yet many of us aren't ready to grow with the industry, the desire to earn quick money is what's killing the industry.
full member
Activity: 925
Merit: 100
November 25, 2019, 03:57:04 PM
#14
It will actually be a gradual process because nothing good comes easy also, anything worth having is worth waiting for. Bitcoin as well as the blockchain space is still growing although not as fast as it should be but it's taking a step each day. In my own opinion, one of the things slowing this space down is the fake projects which keeps flying around, thus distracting people from seeing the truth and what is obtainable with blockchain. Nevertheless, no matter how long, blockchain has come to stay and adoption will surely be achieved.
sr. member
Activity: 644
Merit: 260
November 25, 2019, 02:54:05 PM
#13
If i have to look back at the past of bitcoin and crypto well i'd say there is still huge hope left in future, despite all the ups and downs in the early life of bitcoin and few altcoins available back then here they are today,  and now here we are with better adoption compare to the past, once upon a time it was just a single btc ATM in 2013 and now we have thousands, Adoption is slowly taking over but its hard for many to see because many are so unprepared for the down side of crypto, they only want the good side which is not a reality to me, for what so ever is going to work will have its challenges, remember that rome was not built in a day, lets fully support the technology and hopefully we will start seeing 6 figure bitcoin price in the near future..
Our major problem in crypto sprouts from us the crypto enthusiasts, general market downtrend always cause further dips because people are impatient hence panic sell. It's always very easy to say let's support the technology, while in reality majority of crypto enthusiasts are only interested in price action. Adoption is coming but in a very slow pace which is almost negligible. For instance, you mentioned crypto ATMs expanding worldwide which is very cool, but how many people make use of it at the moment?
hero member
Activity: 2128
Merit: 530
PredX - AI-Powered Prediction Market
November 25, 2019, 02:48:23 PM
#12
Large percentage of people into cryptos main goal is to make money and the development and growth of the platform is secondary and even tertiary to them. 2019 to me is more of development rather than speculation and I am glad at the maturity we are seeing now. The price will surely follow when all these good works start manifesting
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
November 25, 2019, 02:17:56 PM
#11
This gradual process and crypto currency potential are ignored if the price isn't rising. Actually it's a bit controversial the adoption is increasing, there are more services accepting crypto currency, there are more atm machines, but the price isn't growing on the same proportion.
I believe it's due to the fact many investors entered the market just to make fast profit, ignoring the long run potential crypto currencies have. Then they fastly increased the demand, but almost immediately increased the supply and that is what we are seeing now, a bloodbath as some say.
legendary
Activity: 3080
Merit: 1500
November 25, 2019, 12:38:48 PM
#10
If i have to look back at the past of bitcoin and crypto well i'd say there is still huge hope left in future, despite all the ups and downs in the early life of bitcoin and few altcoins available back then here they are today,  and now here we are with better adoption compare to the past, once upon a time it was just a single btc ATM in 2013 and now we have thousands, Adoption is slowly taking over but its hard for many to see because many are so unprepared for the down side of crypto, they only want the good side which is not a reality to me, for what so ever is going to work will have its challenges, remember that rome was not built in a day, lets fully support the technology and hopefully we will start seeing 6 figure bitcoin price in the near future..

If everyone can understand an opportunity, then everyone would become a millionaire! But that doesn't happen and Fortune favors the brave, always! You will always see two types of people, one is optimistic and another one is pessimistic! Optimists can easily identify an opportunity while pessimists usually look at the risk part without looking into the reward! This is the normal course of life and it will remain same no matter how well the cryptos are adopted in the society in future. You will always find people thinking the other way around! We all have to remember that, success doesn't come easily!
legendary
Activity: 2282
Merit: 1041
November 25, 2019, 11:49:41 AM
#9

Well get there in time, its gradual indeed. Its obvious that banks and government can't stop cryptocrrencies, they are aware it won't go away if they close their eyes. The only things left for them to do is just join the progress of blockchain adoption just like the government of China is doing. Blockchain technology has proven itself to be more useful and secure system that even big companies like facebook wants to use it.
sr. member
Activity: 1876
Merit: 295
GOD is TRUE
November 25, 2019, 11:18:33 AM
#8
the process will not even be completed when all 21 million bitcoins have been widely circulated, there will still be a lot of controversy that leads to the goal of reducing prices. But what can not be doubted is the process of adoption that is so fast, the next few years the government will play an active role, at least through the blockchain as a basic foundation. I do not want to predict bitcoin digits in the future, because it will definitely explode very extraordinary.
jr. member
Activity: 980
Merit: 1
November 25, 2019, 11:15:36 AM
#7
There will always be a rejection of the future that is near. Therefore, people will always be divided into 2 clans. A clan of people who can look to the future. And the clan of people who are still warming food at the stake, getting his pounding stone against stone.
copper member
Activity: 122
Merit: 0
November 25, 2019, 11:04:23 AM
#6
Cryptocurrency is gradually evolving into a popular means of alternative payments and financial transactions.  I have a friend who receives funds from his brother in Germany through Western Union.  These days though,  his brother uses Ether. I can almost bet cryptocurrency will be the money of the future and the present.
legendary
Activity: 2884
Merit: 1117
November 25, 2019, 10:54:36 AM
#5
technology develops every day, but the price is simply a manipulation that is not very related to the development of the technology itself. you need to understand why you are here. For money or for technology
There is no value for technology when money is not bind with it. Everything in this world have some cost for it which is the factor deciding its value. I mean to say technology will be having value only when it worths something. Moreover, technologies are here for making our life ease which is in sense making our life comfortable as well as making us richer; there will be no point of using a technology which is not providing either one of it.

I agree price manipulation and the growth of technology are not relevant now a days but we cannot ignore how closely these things are related. Manipulation occurs due to different set of people whereas technology getting improved due to another set of people. But if you notice keenly both of these people are working for same thing but in different way that is the reason currently it is seeming not relevant to each other.

Crypto is moving towards mainstream adoption on its own pace and how it's supposed to be. I agree it is gradually moving forward that is it actually has to. Keep calm and enjoy your future Smiley.
hero member
Activity: 1274
Merit: 500
Proof-of-Stake Blockchain Network
November 25, 2019, 10:11:36 AM
#4
Are you talking about technology and the fact that Rome was not built in one day and at the same time you are interested in the price? These are two different sides of the cryptocurrency market. technology develops every day, but the price is simply a manipulation that is not very related to the development of the technology itself. you need to understand why you are here. For money or for technology
member
Activity: 490
Merit: 10
November 25, 2019, 03:32:38 AM
#3
The thing is there are people that keeps spreading the downside of bitcoin and other crypto currency such as volatility and intangibility and if we go in depth it's kinda scary to those who don't fully understand crypto. While we can't push it to them even we want it badly and besides this should be personal preference.

I can't wait to see bitcoin to touch six digit and watch those people that in doubt and beg to buy bitcoin.  Grin

Same here pal, crypto haters are always happy when there is some down thread in bitcoin value, i still remember the last time when china ban crypto some haters around me where happy until bitcoin refused to backdown, hopefully when bitcoin hits six digits they will start appreciating the tech
hero member
Activity: 2184
Merit: 891
Leading Crypto Sports Betting and Casino Platform
November 25, 2019, 03:27:07 AM
#2
The thing is there are people that keeps spreading the downside of bitcoin and other crypto currency such as volatility and intangibility and if we go in depth it's kinda scary to those who don't fully understand crypto. While we can't push it to them even we want it badly and besides this should be personal preference.

I can't wait to see bitcoin to touch six digit and watch those people that in doubt and beg to buy bitcoin.  Grin
member
Activity: 560
Merit: 28
SAPG Pre-Sale Live on Uniswap!
November 25, 2019, 02:51:54 AM
#1
If i have to look back at the past of bitcoin and crypto well i'd say there is still huge hope left in future, despite all the ups and downs in the early life of bitcoin and few altcoins available back then here they are today,  and now here we are with better adoption compare to the past, once upon a time it was just a single btc ATM in 2013 and now we have thousands, Adoption is slowly taking over but its hard for many to see because many are so unprepared for the down side of crypto, they only want the good side which is not a reality to me, for what so ever is going to work will have its challenges, remember that rome was not built in a day, lets fully support the technology and hopefully we will start seeing 6 figure bitcoin price in the near future..
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