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Topic: The Future of Crytopcurrency - page 6. (Read 1443 times)

sr. member
Activity: 1189
Merit: 251
June 15, 2020, 02:50:22 PM
#90
of course, but that would be contrary to government and bank policies, namely centralized.
however I think the government must have access to the data or every transaction so that if something goes wrong can be seen and known.
but that is contrary to the principle of blockchain or crypto, which is decentralization.
so it will take quite a long time to put it together.
sr. member
Activity: 1176
Merit: 265
June 15, 2020, 02:10:12 PM
#89
Every one sees cryptocurrency as a means of payment, but I rather see it as store of value. Something like gold or real estates, but it is much better because nobody can steal it, even the political situation change in your country, nobody can take your  Bitcoins. Those who lived in communism know what I'm talking about. Smiley
for a sentence that says that cryptocurrency cannot be stolen I think you should look at a variety of cases that often occur in several places of exchange and several projects that are a lot of scams and theft of assets by phishing and others, in cryptocurrency will be more vulnerable because it is easy to money laundering.
Well, I am not talking about storing cryptocurrencies on exchange or custody wallets. When you store your private key wisely, then there is almost zero probability that someone will steal them from you, right? While gold even the real estate could be stolen when the government change Smiley.
hero member
Activity: 1596
Merit: 566
Eloncoin.org - Mars, here we come!
June 15, 2020, 12:19:25 PM
#88
Of course no one can predict the future with much accuracy, I think the next decade will be only about crypto currency and the majority of globe will be using it. There will be mass adoption in both emerging markets, privacy would play a key role here.

More over businesses will be dealing with crypto transaction and there is no doubt that crypto will rule the world in near future.
hero member
Activity: 1232
Merit: 503
June 15, 2020, 11:49:38 AM
#87
Every one sees cryptocurrency as a means of payment, but I rather see it as store of value. Something like gold or real estates, but it is much better because nobody can steal it, even the political situation change in your country, nobody can take your  Bitcoins. Those who lived in communism know what I'm talking about. Smiley
Most of the people see it as both, but cryptocurrency is terrible if you want to store your assets because of volatility, it's really risky unless you want to take the risk you still be rewarded with huge profit, other than that crypto is also a product innovation, who knows where crypto will end up in the future.
hero member
Activity: 2548
Merit: 572
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June 15, 2020, 11:46:32 AM
#86
Every one sees cryptocurrency as a means of payment, but I rather see it as store of value. Something like gold or real estates, but it is much better because nobody can steal it, even the political situation change in your country, nobody can take your  Bitcoins. Those who lived in communism know what I'm talking about. Smiley

People can still steal your bitcoin if you only carelessly give in yourself to the errors that can possibly harm you the holder. We have heard series of hacks around the industry and nothing like "nobody can steal your bitcoin". The simple truth is " nobody has access to your privacy when you have done the needful with bitcoin or other cryptocurrency". Frankly speaking, I look at cryptocurrency as a store of value and also as a means of payment, this be that, most of my investment are also for making payment when I purchase items online.
well, I totally agree with what you say because cryptocurrency has weak security but on the one hand cryptocurrency has very sophisticated technology because it can be used for alternative payments that can be done worldwide but because of that the weakness is that many cryptocurrency assets are often lost stolen and fatal error is that when sending at the wrong address it will not be able to come back again.
full member
Activity: 1456
Merit: 148
June 15, 2020, 11:30:40 AM
#85
Every one sees cryptocurrency as a means of payment, but I rather see it as store of value. Something like gold or real estates, but it is much better because nobody can steal it, even the political situation change in your country, nobody can take your  Bitcoins. Those who lived in communism know what I'm talking about. Smiley

People can still steal your bitcoin if you only carelessly give in yourself to the errors that can possibly harm you the holder. We have heard series of hacks around the industry and nothing like "nobody can steal your bitcoin". The simple truth is " nobody has access to your privacy when you have done the needful with bitcoin or other cryptocurrency". Frankly speaking, I look at cryptocurrency as a store of value and also as a means of payment, this be that, most of my investment are also for making payment when I purchase items online.
hero member
Activity: 2408
Merit: 550
Leading Crypto Sports Betting & Casino Platform
June 15, 2020, 11:26:15 AM
#84
Every one sees cryptocurrency as a means of payment, but I rather see it as store of value. Something like gold or real estates, but it is much better because nobody can steal it, even the political situation change in your country, nobody can take your  Bitcoins. Those who lived in communism know what I'm talking about. Smiley
for a sentence that says that cryptocurrency cannot be stolen I think you should look at a variety of cases that often occur in several places of exchange and several projects that are a lot of scams and theft of assets by phishing and others, in cryptocurrency will be more vulnerable because it is easy to money laundering.
sr. member
Activity: 1274
Merit: 261
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June 15, 2020, 11:16:07 AM
#83
Every one sees cryptocurrency as a means of payment, but I rather see it as store of value. Something like gold or real estates, but it is much better because nobody can steal it, even the political situation change in your country, nobody can take your  Bitcoins. Those who lived in communism know what I'm talking about. Smiley

    Some people see all crypto-currencies as one, some people see all of them. Future for some crypto-currencies is
promising, while some will fail to develop and become more popular.
   We need to choose wisely where to invest money now, there are many good crypto-currencies but just some of them
will go higher and be here in future. It's hard to make difference between good and bad projects, it's why I diversify my
investments and I have many crypto-currencies.
sr. member
Activity: 1176
Merit: 265
June 15, 2020, 10:38:42 AM
#82
Every one sees cryptocurrency as a means of payment, but I rather see it as store of value. Something like gold or real estates, but it is much better because nobody can steal it, even the political situation change in your country, nobody can take your  Bitcoins. Those who lived in communism know what I'm talking about. Smiley
hero member
Activity: 2128
Merit: 520
June 15, 2020, 10:34:53 AM
#81
Cryptocurrency is technology-based, which leaves this investment open to cyber attacks. Hacking is a serious risk, since there is no way to retrieve your lost or stolen bitcoins. According to popular opinion, these are the three main contenders to become the next big cryptocurrency.
indeed that is the most feared for cryptocurrency investors, so take good care of our wallets so they do not fall into irresponsible hands and add security to our wallets with several other applications such as Authenticator.

Before starting you should learn more deeper in protecting your wallet, since crypto is prone to hacking activities.
Adding extra securities gives you good confident while investing.

Take time in enhancing your knowledge, both from securities and the usages of cryptocurrency, adoptions are there
it's an advantage if you fully knowledgeable from this industry.
sr. member
Activity: 2562
Merit: 329
June 15, 2020, 10:09:33 AM
#80
With blockchain data can be stored in a decentralized public book.

With cryptocurrency, we can make anonymous transactions without centralized intervention.

If you add speed and spread to the public, then the future is cryptocurrency.
Speed is not the criteria here. For example, bitcoin transactions are instant but only confirmation need sometimes as per in controversial perception. Already there are a lot of other coins are available in the market if you are concerned about quicker confirmation. But I agree with you that we must need make more people to adopt cryptocurrencies so that it will be the definite future of all of us. Without making more people to adopt cryptocurrencies, we cannot have bright future even how efficiently cryptocurrencies are working.

Slow in cryptocurrency transactions is the issue many are waiting to get ride off, when this is done the future of the internet money will shoot to the moon. Hope the Lightning Network help to eradicate the slow rate at which cryptocurrency transactions are done.
Yes, third-party enhancements will help to solve waiting time hassles of cryptocurrencies. Other than lightning network, for example if people are using coinbase wallets, then transactions between coinbase to coinbase will be instant. I know it is not the part of decentralization still just for example I am saying.
full member
Activity: 2044
Merit: 165
June 15, 2020, 09:51:21 AM
#79
The only problem with the cryptocurrency right now to be the future is the speed of transaction and the government acceptance inclusive. The payment method brought to us through cryptocurrency is one of the best ways to keep safe from the centralized systems that has been in existence from ages. Slow in cryptocurrency transactions is the issue many are waiting to get ride off, when this is done the future of the internet money will shoot to the moon. Hope the Lightning Network help to eradicate the slow rate at which cryptocurrency transactions are done.
member
Activity: 406
Merit: 11
June 15, 2020, 09:40:32 AM
#78
Cryptocurrency is technology-based, which leaves this investment open to cyber attacks. Hacking is a serious risk, since there is no way to retrieve your lost or stolen bitcoins. According to popular opinion, these are the three main contenders to become the next big cryptocurrency.
indeed that is the most feared for cryptocurrency investors, so take good care of our wallets so they do not fall into irresponsible hands and add security to our wallets with several other applications such as Authenticator.
sr. member
Activity: 625
Merit: 250
io.ezystayz.com
June 15, 2020, 09:14:11 AM
#77
In my opinion, using cryptocurrency in the public is optional now or even in the future because there are people who are not willing to try but I also think that there is a possibility that some transaction in the future is need to be digitalized or should be online payment like cryptocurrency in cases that covid-19 is still spreading in different countries.
That will be back to every people. If they want to use cryptocurrency, then we will see the number of people who uses crypto will increase, and that can bring the adoption process will happen fast. Without new people who will use crypto, crypto will not grow in the future and only a few numbers of people who will use crypto while the other will still use fiat money to make a transaction.
Right! The pandemic creates a chance for cryptocurrency market to be widely recognized by people. However, it's still hard to say that cryptocurrency will be the popular method of payment in the near future. The reason is that even now the banks offer a lot of mobile banking app that don't even need to you swipe your credit card!
Very few people choose to use crypto to pay because it's too slow compared to credit cards. I have not seen any store in the country I use because the value of each coin fluctuates very quickly, and the amount we pay for will certainly never be accurate. Ideally, you should only choose long-term investment and hold for a period of time to make a profit because this is the financial market rather than the place for you to use to pay.
newbie
Activity: 49
Merit: 0
June 15, 2020, 06:39:01 AM
#76
I think the cryptocurrency and the fiat will both be using for a long time ...
hero member
Activity: 2324
Merit: 504
June 15, 2020, 06:35:05 AM
#75
The cryptocurrency and blockchain technology are the future themselves. Just that it won't come as soon as people expect.
It's more than what already expected by people. If we are talking about the price that comes from the coin that already becomes a part of blockchain ecosystem and that will now make sense to discuss that but the adoption of blockchain is growing so fast.
Is it really growing fast?
I think, in my opinion, the adoption is still slow, but even at that, it is obvious that we are moving. There are more innovations happening almost on a daily basis. Now extending such development to the world, in general, is what remains.
Several people are trying to apply, but there are certain projects in the works of life that are not applicable.
I think if the government and other regulatory bodies can come out to show their supports, there will be a widespread development and adoption will jot be a problem.
Yes it is, do you know how long has already taken by bubble dotcom to be a very big thing right now?
Those who have used non sense ideas to be implemented into the blockchain ecosystem must not be included but remember the adoptions are growing so fast. 

Some countries have been showing their supports but that needs more time to go to make whole countries consider blockchain and crypto as serious things.
full member
Activity: 379
Merit: 100
Decentralized Ascending Auctions on Blockchain
June 15, 2020, 06:23:13 AM
#74
In my opinion, using cryptocurrency in the public is optional now or even in the future because there are people who are not willing to try but I also think that there is a possibility that some transaction in the future is need to be digitalized or should be online payment like cryptocurrency in cases that covid-19 is still spreading in different countries.
That will be back to every people. If they want to use cryptocurrency, then we will see the number of people who uses crypto will increase, and that can bring the adoption process will happen fast. Without new people who will use crypto, crypto will not grow in the future and only a few numbers of people who will use crypto while the other will still use fiat money to make a transaction.
Right! The pandemic creates a chance for cryptocurrency market to be widely recognized by people. However, it's still hard to say that cryptocurrency will be the popular method of payment in the near future. The reason is that even now the banks offer a lot of mobile banking app that don't even need to you swipe your credit card!
hero member
Activity: 2604
Merit: 816
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June 15, 2020, 06:02:28 AM
#73
In my opinion, using cryptocurrency in the public is optional now or even in the future because there are people who are not willing to try but I also think that there is a possibility that some transaction in the future is need to be digitalized or should be online payment like cryptocurrency in cases that covid-19 is still spreading in different countries.
That will be back to every people. If they want to use cryptocurrency, then we will see the number of people who uses crypto will increase, and that can bring the adoption process will happen fast. Without new people who will use crypto, crypto will not grow in the future and only a few numbers of people who will use crypto while the other will still use fiat money to make a transaction.
legendary
Activity: 2128
Merit: 1775
June 15, 2020, 01:10:08 AM
#72
You can review and look back where people at that time, not many people knew and used Bitcoin, but the number of shops and outlets that goods can be bought with crypto increased, more than 13 thousand shop services that use payment with Bitcoin, of course the number 13 thousand has not spread evenly. Many people do not know Bitcoin yet.

Crypto at this time you can see for yourself continue to show advantages, growing and could be a crypto method will appear in new payments in the future, for that financially, cryptocurrency still has positive values ​​and signals for the future.
member
Activity: 501
Merit: 10
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June 15, 2020, 01:01:07 AM
#71
In my opinion, using cryptocurrency in the public is optional now or even in the future because there are people who are not willing to try but I also think that there is a possibility that some transaction in the future is need to be digitalized or should be online payment like cryptocurrency in cases that covid-19 is still spreading in different countries.
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