Topic: The Future of Cryptocurrency - page 7. (Read 2071 times)
I think we have to use crypto to invest in crypto and to work for crypto all these steps are good for the betterment and the long lasting effect of bitcoin and people who have these coins they are lucky while the usage of crypto will more frequent in the near future.
I think Cryptocurrency in the future will grow with the increase of various systems owned by cryptocurrency servers, and probably many new innovations that will emerge from the world of cryptocurrency.
the future of cryptocurrency I see will be better than this you can see from the use of paper money that is currently not very efficient and has a lot of development of digital currency that makes them become more secure when making payments.
Crypto is always going to be good and i am more than sure in that it is always going to have a bright future, there is nothing to be worried about
The future of cryptocurrency is very good. crypto enthusiasts grow every year that means the price of crypto will increase every year. crypto technology will be used in large companies in the world.
Yes without a doubt cryptocurrencies are going to be the future money of the world. People do believe these digital money will hold value in the future and will soon be successful too. And hopefully some people will soon accept the changes of the future such as digital money.
The future of crypto currency depends on the users of this community, It has a potential to be used in countries to develop its economy and also for technological advancement, crypto currency has so much to offer regarding this matters, I think some countries will accept crypto as their alternative currency in the future, some of the countries are using this like Japan and South america I think.
Yes without a doubt cryptocurrencies are going to be the future money of the world. People do believe these digital money will hold value in the future and will soon be successful too. And hopefully some people will soon accept the changes of the future such as digital money.
The future of crypto currency depends on the users of this community, It has a potential to be used in countries to develop its economy and also for technological advancement, crypto currency has so much to offer regarding this matters, I think some countries will accept crypto as their alternative currency in the future, some of the countries are using this like Japan and South america I think.
In the next decades to come there are many new advance technology coming and launched, so we will prepare for this , in the side of bitcoin manage, it will surely that they will also launched a new technlogy associated with bitcoin operations , like for example the bank yesterday is transactions only through counters in given hours in a day but now you can bank 24 hours a day through electronics and online banking, so I would also see bitcoin having some improvement in the future, And as the people and customers ,investors supports and patronize bitcoin then it is good happenning for bitcoin in the future and gor entire cryptocurrency.
In recent years, blockchain technologies have given rise to a new industry. Numerous fintech startups create innovative solutions to radically change the world which we live in today.
SWIFT 2.0 on Blockchain
If we are to forecast the possibilities, there are a lot of exciting things that might happen for the next 20 years or more. Possibly, when modern technology is to adapt to the way of living of individuals or consumers, cryptocurrency might be used for purchase of goods in malls, merchants and other establishments. It is really possible it will happen in the future, but it will take a lot of proceedings, talks, not only by one government but all to enable success in their actions.
Ripple Labs, Inc. – a company developing cryptocurrency of the same name (Ripple) – is a good example of how the blockchain can be used to transform the landscape of modern financial transactions. Ripple solves the existing problem in the world of finance.
Today, we can send letters instantly by using emails instead of traditional postal service. We can send any information to anywhere in the world in one click. But we can’t say the same about money. We can’t make a transfer of money from a sender to receiver as fast as a transfer of information. The existing solutions that the current world can offer are very slow and expensive.
If you want to send, say, $10,000 from New York to London, it will be faster to take cash, go to the JFK airport and fly through the Atlantic on the plane. Because traditional interbank transfer will take from 2 to 5 working days.
Ripple makes cross-border payments faster and cheaper. It takes only 4 seconds to make a transaction through Ripple blockchain network, and it costs at roughly $0.0004 even for the amount of hundreds million dollars.
Crypto Derivatives
Step by step, cryptocurrency is being recognized by the traditional financial world as a new kind of digital asset with many benefits. Wall Street approached crypto by establishing derivatives contracts. In December 2017, the two largest U.S. Futures Exchanges – Chicago Board Options Exchange (CBOE) and Chicago Mercantile Exchange (CME) – launched futures trading on Bitcoin. This opened up crypto-market for big money of institutional clients and hedge funds.
Since the launch of futures, there has been a heated debate about the expected Bitcoin ETFs on New York Stock Exchange (NYSE). If this is launched, you will be able to buy shares of such ETFs as stocks which price will be correlated with the price of Bitcoin.
Next level of crypto derivatives is option contracts, both options on Bitcoin futures and options on Bitcoin itself. Whilst CBOE and CME are still discussing the possible launch of options on Bitcoin futures, the Bitcoin options already being traded on several crypto-exchanges such as LedgerX and Deribit.
After the Bubble
The tech sector of U.S. stock market is determined by the NASDAQ indexes that include stocks of numerous tech companies, and many of them were born during the famous Dotcom bubble in 1995-2002.
At its climax in March 2000, NASDAQ Composite index peaked at a high of over 5,000 points and then lost about 80% of its value dropping to a low of around 1,000 points in October 2002.
A new all-time high has been reached only after 15 years in 2015, surpassing the level made during the Dotcom bubble.
The charts of NASDAQ index in 1999-2000 and Bitcoin price in 2017-2018 are incredibly similar, with the only difference that velocity of Bitcoin price increase is several times faster than the velocity of NASDAQ growth.
Many companies created during the Dotcom bubble were really ahead of their time. For example, Amazon, which was founded in 1997 as an online bookstore, is now among world’s top-5 tech companies. Amazon has finally become an integral part of lives of the most U.S. residents but this has happened only with the passage of time and the introduction of the Internet into everyday life.
The same happens with Crypto now. Today, the blockchain technology is really ahead of its time. It is possible that after several years many blockchain projects will be implemented in the real world, and Crypto will emerge from a new Renaissance. Until then, the Bitcoin price can possibly suffer decline and continuous depression, just as NASDAQ did.
The recent sharp drop in the crypto market caused the decrease in volatility and the decline in public interest. The initial excitement is gone now and the market has calmed down. This is a sign that the new market is moving into the maturity phase.
Big money like quiet markets. So, news has begun to come that hedge funds with the money of Soros, Rockefeller, and even Rothschilds family are moving into the world of crypto.
These financial sharks seem confident in the bright future of crypto-markets. And the most interesting time is yet to come.
Read full article here: https://bokka.com/cryptocurrency-news/the-future-of-cryptocurrency/
SWIFT 2.0 on Blockchain
If we are to forecast the possibilities, there are a lot of exciting things that might happen for the next 20 years or more. Possibly, when modern technology is to adapt to the way of living of individuals or consumers, cryptocurrency might be used for purchase of goods in malls, merchants and other establishments. It is really possible it will happen in the future, but it will take a lot of proceedings, talks, not only by one government but all to enable success in their actions.
Ripple Labs, Inc. – a company developing cryptocurrency of the same name (Ripple) – is a good example of how the blockchain can be used to transform the landscape of modern financial transactions. Ripple solves the existing problem in the world of finance.
Today, we can send letters instantly by using emails instead of traditional postal service. We can send any information to anywhere in the world in one click. But we can’t say the same about money. We can’t make a transfer of money from a sender to receiver as fast as a transfer of information. The existing solutions that the current world can offer are very slow and expensive.
If you want to send, say, $10,000 from New York to London, it will be faster to take cash, go to the JFK airport and fly through the Atlantic on the plane. Because traditional interbank transfer will take from 2 to 5 working days.
Ripple makes cross-border payments faster and cheaper. It takes only 4 seconds to make a transaction through Ripple blockchain network, and it costs at roughly $0.0004 even for the amount of hundreds million dollars.
Crypto Derivatives
Step by step, cryptocurrency is being recognized by the traditional financial world as a new kind of digital asset with many benefits. Wall Street approached crypto by establishing derivatives contracts. In December 2017, the two largest U.S. Futures Exchanges – Chicago Board Options Exchange (CBOE) and Chicago Mercantile Exchange (CME) – launched futures trading on Bitcoin. This opened up crypto-market for big money of institutional clients and hedge funds.
Since the launch of futures, there has been a heated debate about the expected Bitcoin ETFs on New York Stock Exchange (NYSE). If this is launched, you will be able to buy shares of such ETFs as stocks which price will be correlated with the price of Bitcoin.
Next level of crypto derivatives is option contracts, both options on Bitcoin futures and options on Bitcoin itself. Whilst CBOE and CME are still discussing the possible launch of options on Bitcoin futures, the Bitcoin options already being traded on several crypto-exchanges such as LedgerX and Deribit.
After the Bubble
The tech sector of U.S. stock market is determined by the NASDAQ indexes that include stocks of numerous tech companies, and many of them were born during the famous Dotcom bubble in 1995-2002.
At its climax in March 2000, NASDAQ Composite index peaked at a high of over 5,000 points and then lost about 80% of its value dropping to a low of around 1,000 points in October 2002.
A new all-time high has been reached only after 15 years in 2015, surpassing the level made during the Dotcom bubble.
The charts of NASDAQ index in 1999-2000 and Bitcoin price in 2017-2018 are incredibly similar, with the only difference that velocity of Bitcoin price increase is several times faster than the velocity of NASDAQ growth.
Many companies created during the Dotcom bubble were really ahead of their time. For example, Amazon, which was founded in 1997 as an online bookstore, is now among world’s top-5 tech companies. Amazon has finally become an integral part of lives of the most U.S. residents but this has happened only with the passage of time and the introduction of the Internet into everyday life.
The same happens with Crypto now. Today, the blockchain technology is really ahead of its time. It is possible that after several years many blockchain projects will be implemented in the real world, and Crypto will emerge from a new Renaissance. Until then, the Bitcoin price can possibly suffer decline and continuous depression, just as NASDAQ did.
The recent sharp drop in the crypto market caused the decrease in volatility and the decline in public interest. The initial excitement is gone now and the market has calmed down. This is a sign that the new market is moving into the maturity phase.
Big money like quiet markets. So, news has begun to come that hedge funds with the money of Soros, Rockefeller, and even Rothschilds family are moving into the world of crypto.
These financial sharks seem confident in the bright future of crypto-markets. And the most interesting time is yet to come.
Read full article here: https://bokka.com/cryptocurrency-news/the-future-of-cryptocurrency/
There are so many things happening in the industry now like falling btc and ETH prices and many people are really afraid. But to those who understand the industry are not perturbed because everything will return to normal soon.Icos hit exchange and prices get slashed but the industry shall become better soon.
If I think the future of cryptocurrency will be better, because in this world already many people use coin cryptocurrency. Especially bitcoin people already know him a lot and use it to do business and also invest for a good future. So the future of cryptocurrency will improve.
I think crypto is the future of money. Therefore, it will increasingly develop and replace cash in the future. When people become too modern and technology grows, robbery and control will disappear. Everyone will be free to use the currency without having to go through a bank or government. In addition to that, it reduces resource consumption, offers many platforms, great ideas to improve life
I can only guess the price of crypto will increase in every year despite the price drop in every month. that's normal in every trade.
With the development of technologies and the financial system, the technology of blockchain and cryptocurrencies will be developed in parallel as its derivative, becoming stronger and better. Personally, I believe that in the future the best cryptocurrencies will be integrated into the world financial system.
Crypto currency has a greater future no doubt and we have already seen it since the inseption of Bitcoin in 2009 ehen its value was below a dollar and now above $8,500 as at time of this post.
I am persuaded that bitcoin and blockchain needs to have some extra qualities, And probably the next generation of blockchain would have those to be compelling for some new investors
We can't actually predict the future of cryptocurrencies but looking at how each day some events unfold, there might just be something you can think of happening. For me while there are so many ICOs around, I would say altcoins will have a greater chance of going to the top after this bearish market. While it may also happen that the support on bitcoin will become less it might also recover if there will enough utility for it.
It's hard to predict the future in cryptos. It can literally go in billions of different way. Just like life.
It is too soon to tell what it is going to happen, as many people may guess I think cryptocurerncies and bitcoin in particular are going to become successful but it is not a sure thing, we will need a series of events to happen at a particular time, for example the creation of bitcoin came at the perfect time when there was a huge economic crisis and people were looking for answers, now bitcoin is getting stronger and once it becomes used as a currency by more people we will need that a new crisis happens so the adoption of bitcoin grows exponentially. 
I think the technology has been develop and grow to a better ways, and it makes the transaction become more and more effective and efficient, and crypto bring the transaction system to the whole new level, the problem is now lies in the governments decision, lf they see it with clear mind then the crypto can grow better and expand its potential to the maximum level
I think it is good that they are not aware on bitcoin because when they promote it and advertise bitcoin by their own, the bitcoin can grow faster and it is too hard when the price was too expensive again. If there are protagonist, of course there are protagonist and this is what happen. The government control the price of the bitcoin, so it is good to have at least slow profit because when it goes up easily, it is sure that dump more faster.
I'm sure that the future of cryptocurrency will continue to improve and promise, even though the market is currently flushed because of the coinrail hack case, but I'm optimistic that crypto will get up and recover soon.
I remain optimistic about the future of Cryptocurrency will be good, although the hard struggle must be in the past. since the emergence of Crypto's first currency in 2009, the journey to success has never been smooth. there are always obstacles, but I am sure and remain optimistic, someday Cryptocurrency will meet its heyday.
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