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Topic: Mass adoption growing or decreasing? - page 7. (Read 1624 times)

sr. member
Activity: 728
Merit: 250
October 01, 2019, 10:46:48 AM
Strange question. Of course worth and interest in Bitcoin has significantly increased. According to www.cryptopolitan.com, there are 733,000 Bitcoin addresses holding BTC. With a slight enormous change, approximately 200,000 addresses maintained more than 1 BTC; however, in the year 2010, that number was not as much of 50,000.
full member
Activity: 728
Merit: 100
October 01, 2019, 10:20:05 AM
Following 10 years of presence, the subject of whether the mass reception of digital currency has been begun is still bantered in the space. I would like to ask specialists in the crypto and blockchain businesses is there or have there be any huge crypto mass adoption compare to 10years ago?
It all depends on what we mean by words mass adoption. If this is a payment for goods or services, then this is still a long way off. If we mean the spread of cryptocurrencies among people, then over the past 10 years, the number of people owning cryptocurrencies has increased.
legendary
Activity: 3304
Merit: 1202
October 01, 2019, 10:00:57 AM
The bitcoin mass adoption already began some years ago and since then it continuously growing year after year until it will reach its peek but it remeber that only 9% of the world population is using bitcoin so the race is still at the early phase.

The altcoins mass adoption its still in the baby phase as we're currently experience only the a small adoption on them and the bear market scared a lot of investors and it looks like more than 50% of them already died and should be removed from the markets.

The last one is the biggest one, blockchain mass adoption is growing into a crazy fast pace as everyone wants to make a business using the tech this puts Blockchain into number 1 spot when we speak about cryptocurrencies.

member
Activity: 602
Merit: 10
October 01, 2019, 09:44:08 AM
Following 10 years of presence, the subject of whether the mass reception of digital currency has been begun is still bantered in the space. I would like to ask specialists in the crypto and blockchain businesses is there or have there be any huge crypto mass adoption compare to 10years ago?

I think mass adoption cannot be done in just 10 years. The process for mass adoption must be long because it involves the monetary system and also government policy. But I think that mass adoption will gradually occur because the internet has become a major tool in transactions
full member
Activity: 353
Merit: 108
October 01, 2019, 09:13:59 AM
I wouldn’t say the mass adoption is over. It is still going on, and people are coming to know more and more about crypto. Let’s hope that the crypto world will dominate the future market in every possible way.
hero member
Activity: 3010
Merit: 524
Leading Crypto Sports Betting & Casino Platform
October 01, 2019, 09:06:04 AM
Mass adoption is still in progress. Many companies and governments have now started to understand the potentials of the crypto market, the importance it has in today's economy. People are now becoming more and more familiar from the crypto world and the importance of investing in this vast space.
While that maybe true I feel somehow there's a decrease in the adoption too although it is just some minor website who decide to delete crypto from one of their payment method usually an e-commerce website due to the massive volatility but as I've seen more and more people accepting bitcoin. I just figured out recently that nowadays almost every hosting and domain seller website are accepting crypto as if it's the norm there. I guess the adoption now will be centered on certain sectors.
full member
Activity: 482
Merit: 117
October 01, 2019, 08:42:18 AM
Mass adoption is still in progress. Many companies and governments have now started to understand the potentials of the crypto market, the importance it has in today's economy. People are now becoming more and more familiar from the crypto world and the importance of investing in this vast space.
sr. member
Activity: 1974
Merit: 453
September 25, 2019, 12:58:31 PM
Which metric we are going to use, in order to measure mass adoption? Either we can use the number of cryptocurrency users, or the number of merchants accepting payments in cryptocurrency. If the first metric is taken in to account, then obviously there is a big jump in adoption. Most of the major exchanges are reporting large increases in the number of registered users.
full member
Activity: 1106
Merit: 166
★777Coin.com★ Fun BTC Casino!
September 25, 2019, 12:49:29 PM
Following 10 years of presence, the subject of whether the mass reception of digital currency has been begun is still bantered in the space. I would like to ask specialists in the crypto and blockchain businesses is there or have there be any huge crypto mass adoption compare to 10years ago?
Compare the total market cap of current market and 5 years back then you will realize how much adoption were happened in the crypto.And when it comes to blockchain really people applies on many different field other than crypto even blockchain courses were available on lot of universities.
full member
Activity: 1638
Merit: 122
September 25, 2019, 12:44:50 PM
Well, of course the number of places that accept payments in cryptocurrency has increased. The crypto community has also grown during this time. I think it says that mass adoption is only growing.

If the media still giving the news about bitcoin, and people still spread the news about bitcoin, then bitcoin will grow in the future, and that will happen too with an altcoin. We are experienced for 10 years, and many people now have known cryptocurrency. Many of them are trying to use cryptocurrency as the investment so it will help bitcoin and altcoin to be a new way to make money. The mass adoption still on the right track to grow, and soon, there will be an explosion that happens in the cryptocurrency community.

keep in mind that not all news are good . manipulation on media can also happen if someone has a big hate on crypto . this is why the adoption can be affected  .  aside from the growth , some crypto users will quit  .  explosion or should i say hype that you said are not really needed because even if cryptos will only work normally , im pretty sure that it can still get some adequate demand since it was now getting popular and the use of it is now also getting wider .
full member
Activity: 1120
Merit: 101
September 25, 2019, 12:43:35 PM
Well, of course the number of places that accept payments in cryptocurrency has increased. The crypto community has also grown during this time. I think it says that mass adoption is only growing.
adoption continues to grow, but altcoin also continues to grow. it makes more and more alternative choices for investors to choose the best assets. so the actual adoption has increased but the effect is not so visible because it is biased with the increasing number of altcoins that exist. can be multiplied if the adoption occurs only on a few assets. of course prices will increase.
full member
Activity: 966
Merit: 104
September 25, 2019, 12:35:30 PM
Today, the cryptocurrency market again sags very much and it is impossible to explain what exactly provoked the fall to 15%.  But at least I know for sure that this chance must be used to buy the most profitable cryptocurrencies.  I believe that the current correction of the cryptocurrency market should impulsively put ethereum in the lead in growth activity and therefore I believe that it is ethereum that is the most profitable investment for this period.
hero member
Activity: 2604
Merit: 816
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September 24, 2019, 07:42:09 PM
Well, of course the number of places that accept payments in cryptocurrency has increased. The crypto community has also grown during this time. I think it says that mass adoption is only growing.

If the media still giving the news about bitcoin, and people still spread the news about bitcoin, then bitcoin will grow in the future, and that will happen too with an altcoin. We are experienced for 10 years, and many people now have known cryptocurrency. Many of them are trying to use cryptocurrency as the investment so it will help bitcoin and altcoin to be a new way to make money. The mass adoption still on the right track to grow, and soon, there will be an explosion that happens in the cryptocurrency community.
full member
Activity: 532
Merit: 100
September 24, 2019, 07:16:18 PM
Well, of course the number of places that accept payments in cryptocurrency has increased. The crypto community has also grown during this time. I think it says that mass adoption is only growing.
full member
Activity: 1316
Merit: 104
CitizenFinance.io
September 24, 2019, 06:57:30 PM
mass adoption is growing speedily with institutional showing huge interest. look at the Libra from facebook, Samsung want to integrate blockchain to their mobile app, Amazon is rumoured to have started something as related to Blockchain. Microsoft is adopting blockchain infrastructure, all these have not been the case in the past four years.
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
September 24, 2019, 06:50:21 PM
I observed that massive adoption occurred when the price of bitcoin skyrocketed in 2017, from there began new entrants who adopted blockchain technology or developed their own projects.
Because bitcoin was published in every media back then and the adoption is still growing as of today but at a slower pace.
as I've seen most of domain and hosting company already accept cryptocurrency, I said most of them which is majority of them have accepted crypto. I think where crypto lacks adoption is the acceptance by a major company.
hero member
Activity: 812
Merit: 503
September 24, 2019, 06:05:50 PM
With reference to 10 years back, little crypto adoption has been achieved to an extent over the years. Well, many sectors adopt the blockchain technology and not crypto. There are limitations to adoption and we hope with time these limitations will be curbed. Security issues, scalability, volatility, increase in crime rate, anonymity etc has been  major challenges for crypto to be adopted by centralized authorities.
member
Activity: 536
Merit: 15
September 24, 2019, 05:38:06 PM
I concur the current crypto projects are growing because of the expanding line of the necessities for the mass adoption. The Libra coin will likewise build the mindfulness however there is so much FUD circumventing Facebook's crypto payment plans. The security trading platform of the Binance US will without a doubt influence the speed of the adoption, visual perception of my desires is higher contrasted with the most recent years. The development of the altcoins will start a new beginning for the mass adoption, the outcomes of the mass adoption will make a monetary framework a superior spot. Impeccable arrangements don't exist however we have a control to make it a genuine answer for the customary monetary world.
hero member
Activity: 1162
Merit: 516
1BTC Welcome Bonus
September 24, 2019, 04:13:25 PM
There are a ton of use cases of why it's growing. We are seeing more places than ever accepting crypto, apps that help you invest, more exchanges, and the media has been picking up on this adoption. Blockchain forensic companies like Ciphertrace are working to provide proper compliance as adoption takes off

But still we never any big revolutionary acceptance over top cryptocurrencies so far. May be you believe Libra project might one of the projects in your view but still they are making it for their own profitability.
None of the users will accept the projects when there is no use, such scam projects only coming in IEO and ICOs.
I suggest to stick the top cryptos to stay safe, I do not bother whether it is growth or whatsoever.
member
Activity: 280
Merit: 12
September 24, 2019, 04:05:18 PM
There are a ton of use cases of why it's growing. We are seeing more places than ever accepting crypto, apps that help you invest, more exchanges, and the media has been picking up on this adoption. Blockchain forensic companies like Ciphertrace are working to provide proper compliance as adoption takes off
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