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Topic: Study Says - 50% Drop In Cryptocurrency Transactions Will Happen This Year - page 2. (Read 3760 times)

full member
Activity: 197
Merit: 100
Can a study predict the future? I think not. Bitcoin transactions are at an all time high.
legendary
Activity: 1450
Merit: 1013
Cryptanalyst castrated by his government, 1952
Juniper Research client list: http://www.juniperresearch.com/clients.php      Tongue

Perhaps Bank of America were told what they wanted to hear.

Time will tell in any case, but we should exhume this thread in a year or so no matter how things go.


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?


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.

As you can see, you can't read any altcoin movements right now.
hero member
Activity: 784
Merit: 1000
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.
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?


50% might be lower than what I think
hero member
Activity: 560
Merit: 500
★777Coin.com★ Fun BTC Casino!
this would obviously hurt the price ..especially with miners pumping out 3600 coins per day
legendary
Activity: 1232
Merit: 1000
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?


Did anyone here even read the article before commenting here? It is behind the biggest paywall I've ever seen.

Total:    £1750.00



The article is accessible.
Are you talking about the original research report the article is based on?
member
Activity: 112
Merit: 10
Want A Personal Coin? PM ME!
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% maybe is a lot bigger than what I am expecting. For sure there will be loss, but not that big.
full member
Activity: 173
Merit: 105
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?


Did anyone here even read the article before commenting here? It is behind the biggest paywall I've ever seen.

Total:    £1750.00

legendary
Activity: 3066
Merit: 1047
Your country may be your worst enemy
Actually, the study doesn't conclude bitcoin transactions will reduce 50%, it says the dollar amount of transactions will reduce up to 50%, which is a major difference.

Here's the study http://www.juniperresearch.com/research/cryptocurrency

You can find articles around the web with the conclusions.

The whole report with all details (82 pages) is available for a cool £1,750! And you can't even pay with BTC!

I think I shall start a poll. Does one prefer to buy 10 BTC or buy this report?

My sincere opinion is that anyone choosing to buy the report should be lobotomized.

legendary
Activity: 1232
Merit: 1000
Actually, the study doesn't conclude bitcoin transactions will reduce 50%, it says the dollar amount of transactions will reduce up to 50%, which is a major difference.

Here's the study http://www.juniperresearch.com/research/cryptocurrency

You can find articles around the web with the conclusions.

Yup, that is way different.
If people were using bitcoins to gamble and bitcoin loses half its value, the dollar value of bitcoin transactions would reduce by half too.
legendary
Activity: 2674
Merit: 2965
Terminated.
Very useless article. This "study" must be based on real facts.
What is the point of this thread?
sr. member
Activity: 271
Merit: 250
who cares… Bitcoin doesnt care.. Bitcoin is not going to die. What are you worried about?

WHY THEFUCK ARE YOU ALL SO WORRIED about bitcoin failing. the smallest uptick in users will causes the price to go parabolic. Once a real word case of necessity is made, transaction volume will go through the roof.

Its been nearly 6 years, when is that "real world case of necessity" coming around?
Q7
sr. member
Activity: 448
Merit: 250
I'm not sure exactly what metric they use for their study as the explanation doesn't go into that detail or how they arrive and come up with that conclusion but one thing for sure, i believe with adoption rate on the increasing trend that should track towards the positive side. Not the other way round. Or there is something else i missed out.
newbie
Activity: 14
Merit: 0
Did they correctly predict the rise in transactions last year?
legendary
Activity: 1610
Merit: 1183
Well, less stress for the blockchain so anti fork people can circlejerk about it until the transactions go up again and we are faced with the same problem again.
full member
Activity: 157
Merit: 100
HUKOM BITAY! ✝✝✝
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!!!

I really dont care about other cryptocurrency. I just want Bitcoin to withstand everything. Including studies and researches.
hero member
Activity: 714
Merit: 500
I didn't get it:
Why would it decrease?
What exactly is he talking about? This?
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
who cares… Bitcoin doesnt care.. Bitcoin is not going to die. What are you worried about?

WHY THEFUCK ARE YOU ALL SO WORRIED about bitcoin failing. the smallest uptick in users will causes the price to go parabolic. Once a real word case of necessity is made, transaction volume will go through the roof.

 Cheesy sometimes i feel the same bro
hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
Do you think this study is true? Aside from adoption, is there any possible way to help turn the tides for cryptocurrency?
When speaking of future tense, you are not asking if something is true, but if a prediction is believed to be accurate.
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