Topic: Next big thing in crypto? - page 10. (Read 3487 times)
So far the initial signals are good. Till now, Bitcoin has gained some 10% as far as the exchange rates against USD is concerned. With a possible war between Iran and the United States lurking in the horizon, this year may present a golden opportunity for Bitcoin. A major war looks likely, because that is the only way Donald Trump can win his re-election in 2020. The gold prices have already rallied by some 15%. People are flocking to invest in decentralized assets and sooner or later, we may witness a major bull run with BTC.
In my opinion, the interest of the public in cryptocurrency around the year 2017 was majorly because of the swift increase in value of the coin market cap. Several persons were only interested in taking their share of the cake. Since the market is bearish, they are not encouraged as there's no money to be made through ICO's and other hussles.
I have been waiting for the arrival of 2020 because by 2020 Bitcoin has been reduced on the block as you said and Bitcoin supply will also reach its peak, maybe I think whether this year the price will be fantastic or even no good Movement considering the prices in 2019 tend to be stable at certain level.
I am still waiting and hoping for more businesses that would integrate cryptocurrency in their accepted payment already. This would happen more easily if transaction speed would be increased significantly and the fees would also be decreased significantly. This would encourage not just the businessmen to integrate crypto in their business but also the consumer to spend them in their purchases.
Others are still not into using yet as they are waiting for the time it will have a mass adoption it can be in bitcoin, fut for some alts that are really created as payment coin then we should really use it to let others know and be aware that something like this exist and this is much helpful than the traditional ways we know. Mass adoption will not easily happen if the people owning Bitcoin cannot spend them in shopping centers, coffee shops, hotels, resorts, restaurants, and more commercial and business establishments.
Before altcoins came out as alternative cryptocurrencies to Bitcoin, Bitcoin was already there as an alternative currency to fiat. Bitcoin was created as a payment tool. Bitcoin should be used first in payment before considering altcoins.
So how do you make your friends and loved ones know Bitcoin? Do you just tell them that Bitcoin is a form of store of value or an investment opportunity? Do you only tell them that Bitcoin is going to be more and more expensive someday that you need to buy them today and keep them without spending a bit? I guess that is how the majority of the people treat Bitcoin. In that way, Bitcoin, which was originally made as a form of currency, as a payment method, is slowly dying.
The next step is the adoption and implementation in everyday life. All these swings with prices and speculation are temporary. You must admit that it is much cheaper to store the hospital database on a distributed basis and use the capacities of the same telephones or patient computers for this than to use a separate server and database in a classic form for this
Bigger pictures inside the ecosystem once adoptions being implemented and this system got accepted as a whole we will soon see the lots of market movements and more businesses to start building their own versions of system which is ready for adopting this chain. We are seeing some but expectingto have more known businesses and government services.
The big thing that is most expected for me in 2020 is the loss of the scams project in the crypto space and the growth of altcoin which does have real uses and is not based on hype for a moment.
There are already news about blockchain growth this 2020 and we are seeing little movement in the market so all we hope for is the best, ranging from bitcoin having, DFI, ETH, Altcoin growth etc. We do hope for the best this year.
The next step is the adoption and implementation in everyday life. All these swings with prices and speculation are temporary. You must admit that it is much cheaper to store the hospital database on a distributed basis and use the capacities of the same telephones or patient computers for this than to use a separate server and database in a classic form for this
We do not need to find next big thing. Blockchain is already the revolutionary technology for digital finances, digital identity and digital property and what is the best? The technology is decentralized and immutable. We do not need to apply blockchain technology for everything as many startups think.
The advent of Bitcoin's blockchain technology has opened up a world of possibilities that were never imagined. People can finally achieve financial freedom by being their own bank anytime, anywhere. In 2017, there was the ICO boom where crypto land was filled with hype with many companies launching their own business ventures. Everything has been about smart contracts, on-chain privacy, and Blockchain-based gaming. But ever since prices started to decline back in 2018, there has been a lost of interest into crypto and Blockchain tech from people in the mainstream world.
It's now 2020, where many exciting events are yet to come. Bitcoin will experience another reduction in its block reward (halving), while Ethereum becomes closer to adopting PoS into its blockchain network. The space is definitely maturing, but the level of demand is still a lot less than it was back in 2017.
Nonetheless, I'm curious to know what's the next big thing in crypto?
What makes you think that demand is falling?Yes investment has become less but the industry on the contrary attracts more and more people from all over the world.Be sure to read this article and put bad thoughts out of your head:https://www.weforum.org/agenda/2020/01/blockchain-predictions-2020/ It's now 2020, where many exciting events are yet to come. Bitcoin will experience another reduction in its block reward (halving), while Ethereum becomes closer to adopting PoS into its blockchain network. The space is definitely maturing, but the level of demand is still a lot less than it was back in 2017.
Nonetheless, I'm curious to know what's the next big thing in crypto?
It is very hard to predict, especially because there was nothing new in 2019, besides IEOs on big exchanges. I believe that the main focus will go to exchanges and exchanges tokens would be the upcoming trend in 2020;
Cryptocurrency have shown us a lot of potentials within a decade and a year of existence and have proven us a breakthrough within the usage of the modern technology to resolve problems we are facing in our society. Cryptocurrency have given us a lot of opportunities since then which also gives us hope and boosts up our confidence on doing crypto related works. There are lots of possibilities that this industry will just keep on growing while modern technology is also improving. Right now, there are already line ups of events that will happen this year 2020 that hopefully will be favorable to us cryptocurrency users which includes that upcoming launch of Libre coin which we will see what will be the effect on the market of this launch, also the upcoming Bitcoin halving which is expected to turn things around in which it is assumed to rise up the price of Bitcoin together with the other cryptos that rely on it. Pretty much sure that cryptocurrency will never stop on just one point instead it will keep on growing and improving providing us all benefits.
Honestly it is hard to give prediction. It is also hard to assume that this is the right time for bitcoin and eth. All we know that crypto price is always matter in all of us but always remember that we need an additional plan and option in case that it will not happen. And I know that all of us are hoping for the huge price increase in this year 2020.
Same as you I think in 2020 price of bitcoin and altcoins will get high as now a day because of New year, New hopes people bought so much bitcoin and we know the more people buy Bitcoin the more its price will rise and it will be more profitable so in think in February or March we will see bullish market, it’s just my predictions and let's see what happens.
Honestly it is hard to give prediction. It is also hard to assume that this is the right time for bitcoin and eth. All we know that crypto price is always matter in all of us but always remember that we need an additional plan and option in case that it will not happen. And I know that all of us are hoping for the huge price increase in this year 2020.
Same as you I think in 2020 price of bitcoin and altcoins will get high as now a day because of New year, New hopes people bought so much bitcoin and we know the more people buy Bitcoin the more its price will rise and it will be more profitable so in think in February or March we will see bullish market, it’s just my predictions and let's see what happens. Personally, for me, the most anticipated implementation of the possibilities of blockchain technologies, and as TS said "next big thing in crypto" would be a decrease in the share of banks ' influence and an increasing use of blockchain in this area.
I can't agree more with that statement. This is a big thing that we are waiting for, more people to abandon sinking bank system,
decreasing their share and influence, and on other side to increase the use of Blockchain in all areas. All thous this is not a big
thing that will happen one day, it's a slow process that can last for years. We need to be patient and wait for that!
and DeFi is already making that reality and, from where I sit.., definitely it is the next big development in crypto-area.
I am still waiting and hoping for more businesses that would integrate cryptocurrency in their accepted payment already. This would happen more easily if transaction speed would be increased significantly and the fees would also be decreased significantly. This would encourage not just the businessmen to integrate crypto in their business but also the consumer to spend them in their purchases.
Others are still not into using yet as they are waiting for the time it will have a mass adoption it can be in bitcoin, fut for some alts that are really created as payment coin then we should really use it to let others know and be aware that something like this exist and this is much helpful than the traditional ways we know. Mass adoption will not easily happen if the people owning Bitcoin cannot spend them in shopping centers, coffee shops, hotels, resorts, restaurants, and more commercial and business establishments.
Before altcoins came out as alternative cryptocurrencies to Bitcoin, Bitcoin was already there as an alternative currency to fiat. Bitcoin was created as a payment tool. Bitcoin should be used first in payment before considering altcoins.
Personally, for me, the most anticipated implementation of the possibilities of blockchain technologies, and as TS said "next big thing in crypto" would be a decrease in the share of banks ' influence and an increasing use of blockchain in this area.
I can't agree more with that statement. This is a big thing that we are waiting for, more people to abandon sinking bank system,
decreasing their share and influence, and on other side to increase the use of Blockchain in all areas. All thous this is not a big
thing that will happen one day, it's a slow process that can last for years. We need to be patient and wait for that!
Personally, for me, the most anticipated implementation of the possibilities of blockchain technologies, and as TS said "next big thing in crypto" would be a decrease in the share of banks ' influence and an increasing use of blockchain in this area.
of course the big thing that awaited after bitcoin halving day is bitcoin can be bull run. 2020 is a hopeful year for all crypto holders to hope that this year bitcoin can reach a price of another $ 20k. and also hope that after the bitcoin bull run the altcoin market can be green again. because it's been two years the red altcoin market and most of the altcoin has lost its value. I hope Bitcoin Halving Day has a positive impact on the cryptocurrency market.
Everyone certainly expects the same thing where 2020 is a different year from 2018 and 2019 and also this year we can see the cryptocurrency market which has gone green again. The rising price of bitcoin is certainly everyone's hope that the prices of other coins can be driven to increase and give us profits. But, this is just a hope from all of us, anything can happen later, hopefully what we hope can happen.I am still waiting and hoping for more businesses that would integrate cryptocurrency in their accepted payment already. This would happen more easily if transaction speed would be increased significantly and the fees would also be decreased significantly. This would encourage not just the businessmen to integrate crypto in their business but also the consumer to spend them in their purchases.
Others are still not into using yet as they are waiting for the time it will have a mass adoption it can be in bitcoin, fut for some alts that are really created as payment coin then we should really use it to let others know and be aware that something like this exist and this is much helpful than the traditional ways we know. Mass adoption will not easily happen if the people owning Bitcoin cannot spend them in shopping centers, coffee shops, hotels, resorts, restaurants, and more commercial and business establishments.
Before altcoins came out as alternative cryptocurrencies to Bitcoin, Bitcoin was already there as an alternative currency to fiat. Bitcoin was created as a payment tool. Bitcoin should be used first in payment before considering altcoins.
Jump to: