Topic: Mass Adoption (Read 188 times)
Hi all!I think mass adoptation become when be only aivalalble 200 coins and ban shit coins,need to regulate new coins like vote yes or no...then coins +,- will be at stable price...i think 2025 year it will happen..
Do you think when time comes for crypto coin's mass adoption comes, prices of coins will stabilize?
Ah! It's hard if we ever reach that position. There are basically two reasons for that:
1. Potential: Currently cryptocurrencies are being used (real people who invested or using cryptocurrencies in any mean) by hardly 0.4-0.5% world's population. It is too low to what called 'Mass Adoption'. Even if adoption increases at the rate of 1% per annum, it would take 60-70 years to reach stage of mass adoption. Also we generally consider that stability increases with adoption but 'Stability' and 'Mass Adoption' graph is inversely related in early stage. So until we reach 10%+, volatility will increase with adoption.
2. Decentralization: Everyone is free to create his own coin. So we seeing flood of cryptocurrencies in 2016, 17 and trend will continue in coming years too. Therefore it is hard to believe that all coins achieve stability. Most of them will remain volatile.
it still volatile but in acceptable number
No doubt, I am supporter of Bitcoin's volatility. Moreover, it is only due to Bitcoin's huge fluctuations that people are attracted towards it in that big number. But OP was asking about the possibility of stabilization and I have answer according to that point of view.
Yes, you are right. Excess of everything is bad. Volatility should be in acceptable range so to make crypto investment more serious.
The question is if there will be a mass adoption soon, I don´t know if this technology is ready for that at this moment. Congested networks and high fees are a big hurdle for mass adoption.
Prices may stabilize for a few of the higher marketcap coins and altcoins but I don't think it will stabilize the market as a whole. I think as long as crypto is unregulated and mainly humans do it I think the volatility will always remain there!
I dont think that any time the crypto currency will be stable.
Since she has no regulator and no one to manage it.
Everything will solve the demand and offer. The most at the current time, each country is trying to do something against the crypto currency.
To bite off some of the pie)
Since she has no regulator and no one to manage it.
Everything will solve the demand and offer. The most at the current time, each country is trying to do something against the crypto currency.
To bite off some of the pie)
What about the precious asset based coins? Gold, silver, ....?
Do you think when time comes for crypto coin's mass adoption comes, prices of coins will stabilize?
More like it could be a pump because of the open gate of demand to many people than before.
I dont think that any time the crypto currency will be stable.
Since she has no regulator and no one to manage it.
Everything will solve the demand and offer. The most at the current time, each country is trying to do something against the crypto currency.
To bite off some of the pie)
Since she has no regulator and no one to manage it.
Everything will solve the demand and offer. The most at the current time, each country is trying to do something against the crypto currency.
To bite off some of the pie)
Real world usage projects are coming. Stabilize coin projects are out there.
Do you think when time comes for crypto coin's mass adoption comes, prices of coins will stabilize?
Even if mass adoption happens,still there would be variation in demand and sell order of crypto currencies.So,price would not get stabilize at any time.Also it was predicted earlier that when big firms like CME,CBOE enter bitcoin market,its price would get stabilized but still we witness price fluctuations.
mass adoption is the first step into stabilizing the price of crypto
it will took a long time to go because there are so much people out there that can not accept crypto nowadays
Ah! It's hard if we ever reach that position. There are basically two reasons for that:
1. Potential: Currently cryptocurrencies are being used (real people who invested or using cryptocurrencies in any mean) by hardly 0.4-0.5% world's population. It is too low to what called 'Mass Adoption'. Even if adoption increases at the rate of 1% per annum, it would take 60-70 years to reach stage of mass adoption. Also we generally consider that stability increases with adoption but 'Stability' and 'Mass Adoption' graph is inversely related in early stage. So until we reach 10%+, volatility will increase with adoption.
2. Decentralization: Everyone is free to create his own coin. So we seeing flood of cryptocurrencies in 2016, 17 and trend will continue in coming years too. Therefore it is hard to believe that all coins achieve stability. Most of them will remain volatile.
volatile in good range is normal.. just look at forex exchange
it still volatile but in acceptable number
it will took a long time to go because there are so much people out there that can not accept crypto nowadays
Do you think when time comes for crypto coin's mass adoption comes, prices of coins will stabilize?
Ah! It's hard if we ever reach that position. There are basically two reasons for that:
1. Potential: Currently cryptocurrencies are being used (real people who invested or using cryptocurrencies in any mean) by hardly 0.4-0.5% world's population. It is too low to what called 'Mass Adoption'. Even if adoption increases at the rate of 1% per annum, it would take 60-70 years to reach stage of mass adoption. Also we generally consider that stability increases with adoption but 'Stability' and 'Mass Adoption' graph is inversely related in early stage. So until we reach 10%+, volatility will increase with adoption.
2. Decentralization: Everyone is free to create his own coin. So we seeing flood of cryptocurrencies in 2016, 17 and trend will continue in coming years too. Therefore it is hard to believe that all coins achieve stability. Most of them will remain volatile.
it still volatile but in acceptable number
I think in 2018 some ICO will in crease very quickly. We see ETH, before price ETH $1000, ETH very normal. Now price ETH over $1000 and these ICO so too. In this time New ICO prices are low but in the future it can increase as bitcoin. If you have these ICO you can become Millionaire
For me its a no no. Their will always be coins that would standout and some would fail. Let just say in just 50 years since the creation of bitcoin, a lot of altcoins have already appeared before then and only few of them are here until now and new ones always come either by the same developers or new developers. Price wont become stable but some will change them or be upgraded. And it seems many people are now making their own coins. So i think more law on cryptocurrecies would be made.
I think it is one of the possible ways (if not the only one) to make bitcoin less volatile.The real problam is what do you understand under mass adoption? If you want to make the whole world use BTC then the whole life probably won't be enough to do it. Imagine the situation when the coin became more stable but then one mor company (or country) start accepting it and BTC is growing again.
Do you think when time comes for crypto coin's mass adoption comes, prices of coins will stabilize?
Most of crap coins we have seeing marketed now will be long gone by then. Bitcoin price will stabilize in upcoming years. With stabilizing I mean there will not be 1000% yearly gains as was in 2017 anymore. Basically I think that was the last one. Price of Bitcoin will most likely only double or triple a year.
Do you think when time comes for crypto coin's mass adoption comes, prices of coins will stabilize?
After the BTC lighting network and Ethereum Raden network, is going to be crazy time for all cryptos. It will be the begging of the mass adoption, I think this will happen in the second half of 2018
Do you think when time comes for crypto coin's mass adoption comes, prices of coins will stabilize?
Ah! It's hard if we ever reach that position. There are basically two reasons for that:
1. Potential: Currently cryptocurrencies are being used (real people who invested or using cryptocurrencies in any mean) by hardly 0.4-0.5% world's population. It is too low to what called 'Mass Adoption'. Even if adoption increases at the rate of 1% per annum, it would take 60-70 years to reach stage of mass adoption. Also we generally consider that stability increases with adoption but 'Stability' and 'Mass Adoption' graph is inversely related in early stage. So until we reach 10%+, volatility will increase with adoption.
2. Decentralization: Everyone is free to create his own coin. So we seeing flood of cryptocurrencies in 2016, 17 and trend will continue in coming years too. Therefore it is hard to believe that all coins achieve stability. Most of them will remain volatile.
We are still far away from mass adoption. Public attention to cryptocurrencies has just started somewhere like 2 months ago. It means people started talking at tv/news and some adventurers (prolly not more than 10%-20%) joined the party. But real boom still didn't start yet, wait 1 more year!
Price will not be stable. Some one will make platform to provide liquidity and gateway between crypto and fiat with guaranteed price for service providers but most cryptocurrencies will be still volatile.
[/glow]yup, those key words, cryptos that find the medium through which exchange to fiat will be fast and safe will stabilize, those who won't won't, and in the bright future fiats will disappear and all cryptos will stabilize towards fiat on sweet number divided by zero impossible ratio.
We are still at very early stage of Cryptocurrency development.
At this stage, we are building infrastructure.
After that, more applications will be implemented. Mass adoption won't happen until then.
At this stage, we are building infrastructure.
After that, more applications will be implemented. Mass adoption won't happen until then.
Mass adoption will take time as the transaction charges are high right now and the speed of a confirmation is still late. Only then bitcoin will be mass adopted and we can see a stable price then.
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