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Topic: Study Says - 50% Drop In Cryptocurrency Transactions Will Happen This Year (Read 3760 times)

full member
Activity: 140
Merit: 100
YOU"RE LIKE A TIMEBOMB!
As the article said, cryptocurrency transactions will drop but Bitcoin might be holding on as a payment technology alternative.

A 50% Drop In Cryptocurrency Transactions This Year Is imminent

However, a 50% drop is as bad as it gets. In the midst of left and right financing from companies who are now considering cryptocurrency as a potential option.

Do you think this study is true? Aside from adoption, is there any possible way to help turn the tides for cryptocurrency?


The guys should be conducting another study in the middle of the year.
legendary
Activity: 1372
Merit: 1252
Why is it sad ?
It's good i have chances to buy on cheap right ?
Yup, let the bandwagon jumpers jump now, when they want to jump back in the train will be way too fast Smiley
hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
As the article said, cryptocurrency transactions will drop but Bitcoin might be holding on as a payment technology alternative.

A 50% Drop In Cryptocurrency Transactions This Year Is imminent
http://www.juniperresearch.com/home

This is not academic, it is not peer reviewed. These people are selling whatever message you want to hear as "research".

It's utterly useless garbage, like your thread.
sr. member
Activity: 1078
Merit: 270
I doubt this, for what I have seen, more and more people use Bitcoin everyday.
sr. member
Activity: 448
Merit: 250
Why is it sad ?
It's good i have chances to buy on cheap right ?
member
Activity: 60
Merit: 10
As the article said, cryptocurrency transactions will drop but Bitcoin might be holding on as a payment technology alternative.

A 50% Drop In Cryptocurrency Transactions This Year Is imminent

However, a 50% drop is as bad as it gets. In the midst of left and right financing from companies who are now considering cryptocurrency as a potential option.

Do you think this study is true? Aside from adoption, is there any possible way to help turn the tides for cryptocurrency?


They should update the percentage in about 6 months more.
With the news that Ive been reading.
Im pretty sure it has to be lesser than that.
member
Activity: 112
Merit: 10
Play Rock Paper Scissor Lizard Spock
As the article said, cryptocurrency transactions will drop but Bitcoin might be holding on as a payment technology alternative.

A 50% Drop In Cryptocurrency Transactions This Year Is imminent

However, a 50% drop is as bad as it gets. In the midst of left and right financing from companies who are now considering cryptocurrency as a potential option.

Do you think this study is true? Aside from adoption, is there any possible way to help turn the tides for cryptocurrency?


I just hope another report about this with a slighty lesser percentage.
member
Activity: 112
Merit: 10
As the article said, cryptocurrency transactions will drop but Bitcoin might be holding on as a payment technology alternative.

A 50% Drop In Cryptocurrency Transactions This Year Is imminent

However, a 50% drop is as bad as it gets. In the midst of left and right financing from companies who are now considering cryptocurrency as a potential option.

Do you think this study is true? Aside from adoption, is there any possible way to help turn the tides for cryptocurrency?


I just hope that it wont be true..

With all the good news happening in bitcoin.
member
Activity: 140
Merit: 10
It's not about transactions....it's about whether if it's a store of value or not...if it's not a store of value....it's worthless...draw your own conclusions from there.
member
Activity: 93
Merit: 10
Imagine Me and You
As the article said, cryptocurrency transactions will drop but Bitcoin might be holding on as a payment technology alternative.

A 50% Drop In Cryptocurrency Transactions This Year Is imminent

However, a 50% drop is as bad as it gets. In the midst of left and right financing from companies who are now considering cryptocurrency as a potential option.

Do you think this study is true? Aside from adoption, is there any possible way to help turn the tides for cryptocurrency?


The Author himself said "I believe that cryptocurrency as a whole might face a decrease of transactions made this year but Bitcoin will continue to flourish as a alternative payment technology for people around the world. "

There is nothing about death of Bitcoin!! Bitcoin must have bright future!!!

Yeah.. Agreed.

There is still no evidence that the death of Bitcoin is near.
sr. member
Activity: 952
Merit: 251
For monitoring BitCoin transactions go here

http://www.bitcoincharts.com/bitcoin/

Triff ..
legendary
Activity: 1153
Merit: 1012
That study is way overpriced. It's just another attempt to predict the future based on assumptions that might be true or might be wrong.

I didn't read the study, but the article suggests that whatever fancy tools (like "highly granular IFxls (Interactive Forecast Excels)" Grin) they have used, it's just an extrapolation of what they think how the trend is unfolding.

They are right in their observation that Bitcoin is not ready for mass adoption yet. But they fail to take into account the technological improvements that are likely to take place in the Bitcoin ecosystem.
legendary
Activity: 1316
Merit: 1000
Varanida : Fair & Transparent Digital Ecosystem
The transaction drop if only the price is stable, otherwise the volume won't drop sharply
sr. member
Activity: 415
Merit: 250
legendary
Activity: 1946
Merit: 1137
As the article said, cryptocurrency transactions will drop but Bitcoin might be holding on as a payment technology alternative.

A 50% Drop In Cryptocurrency Transactions This Year Is imminent

However, a 50% drop is as bad as it gets. In the midst of left and right financing from companies who are now considering cryptocurrency as a potential option.

Do you think this study is true? Aside from adoption, is there any possible way to help turn the tides for cryptocurrency?


50% might be lower than what I think

Yeah, I would be very surprised if it would be only 50% drop. Since at least 95% of alts are absolutely useless rubbish 95% drop would make more sense. To figure this out no need to be conduct a fucking research - it is just common sense.
well i think they way altcoins are going right now, its only a matter of time before they die all together and people just stop even thinking about them
legendary
Activity: 1232
Merit: 1000
Can a study predict the future? I think not. Bitcoin transactions are at an all time high.

The study talks about the dollar value of transactions.
member
Activity: 91
Merit: 10
As the article said, cryptocurrency transactions will drop but Bitcoin might be holding on as a payment technology alternative.

A 50% Drop In Cryptocurrency Transactions This Year Is imminent

However, a 50% drop is as bad as it gets. In the midst of left and right financing from companies who are now considering cryptocurrency as a potential option.

Do you think this study is true? Aside from adoption, is there any possible way to help turn the tides for cryptocurrency?


I really hope that these kind of predictions will not happen.
member
Activity: 139
Merit: 10
I'd take any prediction with a huge grain of salt, especially one that costs 1750 ponds to purchase.
legendary
Activity: 1204
Merit: 1028
Can a study predict the future? I think not. Bitcoin transactions are at an all time high.
Nothing can predict the future of Bitcoin, otherwise these naysayers would have invested tons before the 1K ATH.
hero member
Activity: 854
Merit: 1000
that won't happen

we can talk about the price,but transanctions volume will not decrease because bitcoin has many consolidated users
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