Topic: What does the future holds for crypto? - page 7. (Read 1054 times)

All you have mentioned above were already happened mate. Wherein since crypto was constantly growing especially that time where bitcoin gradually climbing to the ATH. And what happening rigt now is opposite because of the situation of market. Which is ppl  are declining... and it seems very clever to convince to become involved into crypto  again  due to the long bear season that still kicking in the market..

If you believe that cryptocurrency could bring a new era of the way people transact and exchange in values, that's definitely going to be adopted by everyone. Reasons are probably listed in these articles that I searched. Almost everything is being discussed in the article by Coindesk [1].

I'm just curious why you are still thinking about it, you must not fully trust crypto yet? No?

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References:

[1] https://www.coindesk.com/information/why-use-bitcoin

Just like internet has made the world, global village, we should expect cryptocurrency to represent our financial and money market in future! We are now more in adoptions and mainstream than when it began. Bitcoin started from a very humble backgrounds with few people haveing interest in it but things has changed, currently there is no country that is not study bitcoin in one way or the other and we can see that throughout the Internet. World leaders and those that has be able to called bitcoin bad name before are now charging their mouths, most of them are now studying it.

What does the future holds for cryptocurrencies?
In my opinion, the used of cryptocurrency as a mode of payment and as an assets will proves that it will last for many years.
1) Will more countries start adopting crypto?
Yes, of course future technology and innovation will push to some countries to adapt.
2) Will bitcoin hits a new all time high just like many predicted?
I believe it will surpass the all time high of 2017
3)What about the Government agencies?
Regulation i think will never work.
4)What will be the fate of banking and financial industries?
Of course the fate is still the same as our banking system.

One answer fits all - No one do have that crystal ball to answer all of your questions but I would say my part though;

1. Adoption does increase,it might be slowed or blocked by some countries in terms of regulation but we are seeing such adoption movement.
2. for 50k-60k? yes its possible but for 500k? its already exaggerated.
3. No one can stop them if they wont like to adopt crypto but hopefully they would reconsider
4. They would still exist forever as long heavily centralized government does exist.

I know one thing...

If Bitcoin gains more momentum, and LARGE scale adoption it's gonna be a PAIN in the ass to use. Expect to wait WEEKS for your transactions to be confirmed. Litecoin, and all the other popular crypto currencies will experinence the same thing.

We need lightning swaps, for instant transactions with low fees, which appeals to everyone - except for the old school Bitcoin maximalists who believes it's not decentralized enough as a solution.
- They may be right, but a project I've been eyeing lately has a great solution for that.

Stakenet is building and innovating upon the lightning network, in fact they helped the Litecoin team implement lightning on mainnet. Source: https://litecoin-foundation.org/lightning-network-collaboration-with-x-9-developers/

With Stakenet, you'll be able to trade anonymously, with next to 0 fees, instant and unlimited transactions/second using their Lightning DEX dApp, which is actually just ONE out of many dApps being controlled by 2100 masternodes (And growing)
This setup is genius, as NO ONE can take down the DEX once it's launched, not even the devs themselves, as it's decentralized - Would mean you had to stop all the nodes from running all at once. Good luck with that.

Stakenet enhances Bitcoin and Litecoin with it's services, so if you believe in crypto long term, XSN might actually be a decent hold.

They got way more to offer, like cross chain staking and their own hardware solution, but I challenge everyone interested to do their own research on this one.

Just my 2 cents.

Nobody knows yet but one thing is for sure it will continue to live more than we do. This technology is an innovation in the future that will make a lot of changes the way we process things today. May it banks, payment, services, etc., and i have a hunch that the government will totally approve cryptocurrency in the future the way we accept it on how we use it. It may take a lot of time through the process but it will gain their favor in the end through the help of our community.

1.If more people accept crypto currencies then countries were also forced to regulate it.

2.If one becomes possible then yes the pricess will increase a lot but we don't have any margin rage to be reached.

3.If price increases then governments need to have regulatory system for cryptos.

4.Slowly fades away...

As an enthusiast, we don't know but it's likely to be positive.

Yes.

11 years from now, let's hope for that. 10 years ago when bitcoin was created and never known by most people but now it has a price of $11k~. It's up to you to lean with those predictions but don't assume that much.

Yes, they will adopt crypto and blockchain technology and will regulate it.

As usual, they'll just adopt the new trend.

What does the future holds for cryptocurrencies?
1) Will more countries start adopting crypto?
2) Will bitcoin hits a new all time high just like many predicted?the owner of snapchat predicted that by 2030 bitcoin will hit 500k,too good to be true?
3)What about the Government agencies?will they have no choice left but to fully embrace the technology?
4)What will be the fate of banking and financial industries?