What do you think the cryptocurrency market will disappear in five years? - page 5.

Cofee.BLUE

sr. member

Activity: 546

Merit: 250

Quote from: mk4 on June 26, 2018, 10:33:55 PM

First off, your topic title doesn't make any sense.

Also, the markets will not simply disappear just because of volatility. If you at least did a slight bit of research, you would almost automatically know that the cryptocurrency market is heavily volatile. This is something that shouldn't be realized later on. Yes, the prices do rise and drop very fast; but some people do take advantage of this volatility to make money.

Even though it's debatable if bitcoin will rise or crash in the future, markets simply don't "disappear". Markets rise and crash. Even if bitcoin does a nosedive to double or triple digits the markets will still be there, as some people are definitely willing to pay significantly low prices.

Yes, you're right. The market are not depends only in bitcoin there are some other Cryptos that has also a better platform and great performance in the market that may cause the existence of the market. Even bitcoin has the biggest part of the market it doesn't means that when bitcoin will disappear the market also disappeared it's not like that. However, for now we can see the better start of cryptocurrency because for now there are the continues adaptation of this system all over the world so it possibly become much successful in the future.

Taulava1505

newbie

Activity: 49

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Never happen,we know that cryptocurrenzy is very popular around the world many investor interested to invest and more coming.We here to support s nothing's gonna change after five years keep always in our mind that cryptocurrenzy will rised this coming years.Market past to grow so never doubt it positivity always

voron84-05

newbie

Activity: 196

Merit: 0

With the fact that the financial tycoons have climbed this market and started playing their game I agree. But why should the market fall? Fools will not end when, for example, the stock market has been for many decades, it is growing and falling, trillions of inexperienced traders lose money, but he is still alive. The same will be the case with the Crypto currency market.

iram3130

legendary

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ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀

Its nearly impossible for the crypto market to vanish. As per the calculations, Crypto market is at the 6th position in countries with wealth holding. It cant be taken out at once. Also the real world needs something revolutionary like Bitcoin and I dont think the people will stop using it.

IndigoRed

jr. member

Activity: 196

Merit: 1

Actually, based on a study conducted by ING Bank NV in Austria, interest in the technology is expected to more than double in the future in the United States and Europe. "Cryptocurrency remains an abstract investment for many, but there may be more appetite for digital currencies than some might suggest," said Jessica Exton, a behavioural scientist at ING. So there's no stopping something that's proving to be beneficial to society, especially when they believe that using virtual currencies will be a thing of the future. No one wants to be left behind. We need to be in tune with technology to stay ahead.

Pursuer

legendary

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Where is my ring of blades...

which market are you talking about here? bitcoin or altcoins? because they are very different.
for example when it comes to bitcoin volatility, it is volatile but it is rising. which means there is usually a big surge followed by a big fall but the final price will always be higher than the starting price and then after the fall is done the price will continue rising.
but when it comes to altcoins they always have a surge followed by a big drop but the final price is not bigger than the starting. it sometimes is lower even as they die.

and the market won't disappear. as long as there is a incentive for it. again there is a difference here too. bitcoin has real world applications so it will stay and because of it, it will have a market where it is being traded. altcoins don't have that real world application but they are pure speculation so the incentive is the profit so the altcoin market will not disappear either. the altcoins will disappear though but they will be replaced by another one or 10.

rachelia13

full member

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I think the cryptocurrency market will still survive and will not disappear within 5 years or so because cryptocurrency has a lot of interest and every day there will be newcomers who join the crypto world because crypto is one place for us to find additional money and to be an alternative investment regardless of its unstable price. Especially now more and more countries are recognized the legality of crypto. As long as the crypto platform continues to grow, the crypto currency will remain an alternative for investor.

Haxor321

sr. member

Activity: 489

Merit: 250

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.

Nice speculations, hopefully that will be happen soon so the ICOs and shitcoins are disappeared now in our current time. Actually cryptocurrencies are starting to shine and trying to maintain their existency in the market so it possibly become much successful in the future. However, hopefully the shitcoins will already done by that time.

rodskee

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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.

Yes i all out support on your opinion sir, people worrying about bitcoin die or diead in the future are making panic because delivered a negative thoughts not making give good information and didn't believe the strong future of cryptocurrency ams then affected of this negative topic are those people not really knows the importance of cryptocurrency.

pooya87

legendary

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Quote from: KingScorpio on June 26, 2018, 10:31:29 PM

why should other cryptocurrencies stay in the attention shadow of this market, and the corrupt system arround it?

the reasons are somewhat similar to the same reasons why Penny Stocks Market [1] is staying under the shadow of the Stocks Market and the things traded there are small, low value, highly volatile, high risk and usually without a future. add to that the fact that altcoin market is not regulated and easy to manipulate and also the fact that creating an altcoin/token is super easy compared to starting a company and having shares to sell on the stock market!

[1] https://www.investopedia.com/terms/p/pennystock.asp

Leyss

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Merit: 12

We can say with confidence that the crypto-currency market in the foreseeable future simply can not disappear. Even if bitcoin crashes and returns. to the cost of one hundred dollars, the crypto-currency market will develop. It is possible that the price of a crypto currency will not grow so quickly, but for the stability of the market this may prove even more useful. I think that over time the market will ripen, there will be less such big price drops, it will be more stable than now.

Sir Cross

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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 don’t think bitcoin cryptocurrency would just disappear anytime as there are a lot of people who are interested in it despite of its volatility. Let’s face it, crypto is one way for people to earn money, may it be their primary or swcondary income. When prices are low, a lot are taking advantage of the market in the hopes of having a rise again. The confidence of the people in cryptocurrency is impossible to be at zero, there will always be a handful of people who will believe in crypto.

mk4

legendary

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📟 t3rminal.xyz

First off, your topic title doesn't make any sense.

Also, the markets will not simply disappear just because of volatility. If you at least did a slight bit of research, you would almost automatically know that the cryptocurrency market is heavily volatile. This is something that shouldn't be realized later on. Yes, the prices do rise and drop very fast; but some people do take advantage of this volatility to make money.

Even though it's debatable if bitcoin will rise or crash in the future, markets simply don't "disappear". Markets rise and crash. Even if bitcoin does a nosedive to double or triple digits the markets will still be there, as some people are definitely willing to pay significantly low prices.

KingScorpio

sr. member

Activity: 1470

Merit: 325

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.

market wont grow big, this market or bitcoin didnt joined established markets it simply created a new market for itself.

why should other cryptocurrencies stay in the attention shadow of this market, and the corrupt system arround it?

new markets will be formed the entire cryptosphere desintegrates, we already have more than 12 cryptoindexes.

regards

pooya87

legendary

Activity: 3472

Merit: 10611

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.

QuynhVu2302

newbie

Activity: 63

Merit: 0

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

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