What do you think the cryptocurrency market will disappear in five years? - page 3.

Pursuer

legendary

Activity: 1638

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Where is my ring of blades...

Quote from: Wesley Gardner on July 14, 2018, 04:06:07 AM

If you're referring to "Bitcoin" the cryptocurrency, I'm sure it'll still have users. I suspect the real question is how widely it'll be adopted because of its volatility.

speaking of volatility and adoption it is not a serious issue really. of course the volatility makes it harder to use it as a currency sometimes but there are enough other positive points about bitcoin that makes the volatility negligible.
volatility only becomes a concern when you are investing in it and you are new to the whole investing thing. and that doesn't change anything about bitcoin's adoption that will still happen regardless.

Congyang

full member

Activity: 882

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it seems like I think within five years the crypto market will not disappear may get bigger, because it could be one of the technological changes that are not currently known to the masses but in the next few days will be known to the public and used for various purposes.

Adam Waters

newbie

Activity: 23

Merit: 0

Highly unlikely. Bitcoin is currently most popular crypto currency right now.
Although it doesn't have much of real life implementation or usage it's still a crypto contenders for future.
The community is active, it's technology is growing and improving at steady pace. Recent lightning implementation could give a push over its strength against new ico or competiting coins.

Wesley Gardner

jr. member

Activity: 30

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This is a tricky question because the term "bitcoin" is thrown about quite loosely and has been used to refer to a number of different things.
If you're referring to "Bitcoin" the cryptocurrency, I'm sure it'll still have users. I suspect the real question is how widely it'll be adopted because of its volatility.
If you're referring to blockchain technology, the technology is almost certainly here to stay.

karim30

newbie

Activity: 96

Merit: 0

I do not agree with your opinion. The cryptocurrency market is now developing and it is the currency of the world. If you say the cryptocurrency market will disappear in five years, I do not believe it. Surely 10 to 20 years later they will still exist

Erlinda Santiago

full member

Activity: 266

Merit: 100

Quote from: QuynhVu2302 on June 26, 2018, 10:24:59 PM

I think it is very likely that this market will disappear. When big financial investors play the game, profits will be generated when new investors enter the market. However, I find that the more confidence in this market is reduced. It is too unstable, prices are rising so fast in a short time and so dropping so fast. The financial sharks control the price of the market, and retail investors are constantly losing money. I believe that when the confidence in the market is gone, the market will collapse

it will be hard for market to disappear because in the market there are so many popular coins that is not easily can destroy by someone so as long as there is a coin in the market there will be still a stable market

Rooster101

sr. member

Activity: 826

Merit: 256

It won't disappear as long as there are investors that are willing to shed their money and the cryptocurrencies are continue to be profitable despite many scam ICOs, shitcoins or vaporcoins. The cryptocurrency business is still young and will continue to grow in the years to come. Those coins that survives the tough competition will become like bitcoin, proven and tested.

evilgreed

sr. member

Activity: 728

Merit: 266

Based on my own perception, i am not really sure about it, since i am not also sure to what will happen in the next few years that will come, aside from that i cannot also predict the outcomebased on todays results, because there are tendencies that it will changes qnd varies the opposite of what we all think, but in the end i am also positive that it will still exist and continuously grow further.

bungutko

newbie

Activity: 280

Merit: 0

Not at all, cryptocurrency will remain the same and it will continue in decades as I believe that it will be more adopted in many countries soon. Due to the many ICO's coming, people's investment will be divided and that is why the growth of cryptocurrency is a bit slow. I think crypto market is still in the adjustment period since bear market is still mostly experienced. For as long as many people are still supporting cryptocurrency, definitely it will continue to thrive in the market.

MattLeBlanc

member

Activity: 364

Merit: 37

I wonder how people think about the world. Its near to impossible that cryptocurrencies will vanish in 5 years. The system resolves most of the issues for what we have right now and people are supporting it. Stop thinking like this.

daoquanghuan

newbie

Activity: 184

Merit: 0

Quote from: QuynhVu2302 on June 26, 2018, 10:24:59 PM

I think it is very likely that this market will disappear. When big financial investors play the game, profits will be generated when new investors enter the market. However, I find that the more confidence in this market is reduced. It is too unstable, prices are rising so fast in a short time and so dropping so fast. The financial sharks control the price of the market, and retail investors are constantly losing money. I believe that when the confidence in the market is gone, the market will collapse

I just do not agree with you. You just look at the price, this is the price has grown too fast in the past year and then it is down very quickly in the last time to make people very worried. If you look at the value side, many large companies are adopting blockchain technology and supporting the cryptocurrency shows that this is a potential market. Personally, I think the market will grow very strong.

senin

full member

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Now you can definitely say that the crypto currency in five years will not disappear. It is only gradually being introduced into our life. This process is slow because the crypto currency and its blockchein technology are too new and revolutionary. In addition, everything that concerns finances can not happen quickly. The financial system has been formed for centuries and millennia, and even for one decade it can not simply be changed, it is very difficult to change by its nature.

Btcmicel

newbie

Activity: 177

Merit: 0

Quote from: Shreek on July 13, 2018, 11:13:08 PM

cryptocurrency will remain for the next five years, and I am very sure of that
there will be coins that really bring change
there must be a project that can change this situation, because crypto must have certainty

It will not going to happen because bitcoin at this point is many investor worldwide. Many countries accept bitcoin nowadays, so i think it will last forever.

Shreek

full member

Activity: 476

Merit: 112

IDENA.IO - Proof-Of-Person Blockchain

cryptocurrency will remain for the next five years, and I am very sure of that
there will be coins that really bring change
there must be a project that can change this situation, because crypto must have certainty

anume123

full member

Activity: 700

Merit: 100

Proof-of-Stake Blockchain Network

It depends on the market that I close the market because many people still earn bitcoin or other alts I think it's a lot of trouble to lose it because thousands of million of money is used every market for exchanger.

previouslyabused

jr. member

Activity: 59

Merit: 2

Basically like now but there will be many of them around. Why are the other cryptocurrencies remaining in the shadows of this market?

Btcnaivie

jr. member

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Quote from: QuynhVu2302 on June 26, 2018, 10:24:59 PM

I think it is very likely that this market will disappear. When big financial investors play the game, profits will be generated when new investors enter the market. However, I find that the more confidence in this market is reduced. It is too unstable, prices are rising so fast in a short time and so dropping so fast. The financial sharks control the price of the market, and retail investors are constantly losing money. I believe that when the confidence in the market is gone, the market will collapse

I think crypto market will not gone. Some sharks maybe controlling the market but it will not be the cause of collapse. Maybe five years from now, crypto market will still operational even if their price nature is very unpredictable. Even if the price rising up too fast and dropping up to fast too.

TrumpD

sr. member

Activity: 602

Merit: 265

Quote from: pooya87 on June 26, 2018, 10:28:17 PM

no. but what i think will happen is that the market will grow too big. so now you see about 1700-1800 altcoins by that time (maybe 2-3 years) you will see a huge number of altcoins. something like 10000 different one. and 99% of them will be pure shit, basically like now but there will be more of them around.

then it will implode because of the large amount of scams and people will finally learn from their mistakes and stop giving their money away to all the ICOs and shitcoins,... and in a short time (less than 1 year) all the big altcoins on top and all the scam coins will disappear and only a handful will remain.

This is one of my main concerns about the cryptocurrency market. Too many altcoins, and it will be hard to keep track of. That is why I believe that there should be some regulations which will allow only a specific number of cryptocurrencies in the space, and the rest can be token or some sort of digital asset to be used as a store value. Also, there needs to be wide range of education to investors, so that they know the basic difference between tokens and actually crytpocurrencies. For one a lot of people complain that there are a lot of currencies out there, making the market very unpredictable and unstable but most of them are actually tokens at the moment.

virendarnagpal

member

Activity: 672

Merit: 12

Cryptocurrency market will disappear? How you came to this conclusion. Just because big financial play; and profit with the entry of new members to the market.
I say no. Crypto currency is not just a currency. It is revolution. Currency changing it's form from regulated ; limited to national boundary; controlled by banks to unregulated; boundary less; controlled by none; pear to pear transaction.

So we are witnessing revolution period. Whenever something takes birth; it has to bear pain. So the market is bearing pain of different types.

Also we see the stocks trading market suffering from the same type of problems since the last several years. But instead of dying it grew with every dip in the market. So speculation; cheating etc could not make the end of stock market. That is why I am sure crypto market will come out of all the difficulties it is facing.

Jesusghergo

member

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Merit: 10

For my own opinion, I don't think that this will what might happen in the five year after. Why? Because as the days goes by, the community of the crypto currency is keep on growing and as the times goes by, more and more people are reaching the information regarding crypto currencies and gain knowledge to understand better about it. I think that this will not disappear but rather will become more productive.

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