What has changed? Is it moving forward? - page 5.

Naughty Princess

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Quote from: HODL2090 on January 15, 2019, 12:28:39 PM

Quote from: cryptomous on January 15, 2019, 08:59:59 AM

Is it just a trading commodity, long term investment or is it (very very very) slowly replacing fiat. I know there are many companies and small shops that accept cryptocurrency but is that it? Is the problem still about the speed of a transaction

It has not changed much in over the four years you were away. The adoption has increased and also attention from government and external industries.
Bitcoin is not slowly replacing fiat, I do not think it is meant to replace fiat currencies.
It is an alternative currency

Moreover, crypto transaction is faster than before. The adoption of crypto is faster and then the price gets lower but still it is popular in the market. It is an alternative currency which will not replace even fiat. For now with the price, it is an investment to everyone which hopes to gain when the price gain a recovery.

Mister1k

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Since I realize numerous things have changed, to refer to one which I believe is the most imperative, the general population have begun to have a problem solving attitude. With the past publicity on bitcoin and crypto when all is said in done, numerous individuals didn't act judiciously and just purchased in due to the pattern without knowing the hidden tech. Along these lines, they got scorched. So now, we are left with individuals who think carefully.

bitzizzix

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I think we are now moving forward now not just with bitcoin but with some alternative coins.
We should continue the support for the movement will not change again.
I think we are now at the start of bullrun!

Hopefully that is true, because if we look at the last few days the market has shown a sign of a significant price increase, and if this trend can survive, it will be very encouraging.

Yes, in my opinion the current bitcoin movement will be a good sign though a little slow but sure.
we must be optimistic that we will continue to survive and hold it in the stage of increasing current bitcoin to go up and wait for the highest prices, this year's movements such as 2017 and its peak at the end of the year at very high prices.

cambda

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The serious issue with digital currency presently is the bear showcase, which is a piece of its points of interest. Numerous crypto clients are truly regretting now since it has influenced market esteem so much that moving most coin presently is very nearly a waste. Furthermore, I think we simply must be persistent. There is light toward the finish of the turned.

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Quote from: Kahoy01 on February 19, 2019, 10:00:29 AM

Quote from: cryptomous on January 15, 2019, 08:59:59 AM

Hi All,

I have been in cryptocurrency since 2014 but last 3 years I took a break from it. I had high hopes how it can change the financial world.

I would like to get back into it but first I would like to find out what is cryptocurrency today.

Is it just a trading commodity, long term investment or is it (very very very) slowly replacing fiat. I know there are many companies and small shops that accept cryptocurrency but is that it? Is the problem still about the speed of a transaction

Please help me catch up a little

There are a lot of changes that we can see nowadays, there are now governments that legalized cryptocurrencies in their country. They say that it is now preferable to use cryptocurrencies than fiat currency because of its convenience in terms of transaction.

there is a slight change not much I think this appears that is not met by many people but not all that it knows and this is the rise of bitcoin in the near future

Lol big changes came in 2017 and that placed bitcoin in a lot of people's radar. And then 2018 happened that probably placed a big question in bitcoin for would-be investors. I think the guy can already back track from there. You don't often see bitcoin and crypto in news and social media back in 2014.

pawanjain

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Nothing lasts forever

Good to know that you are back after a long gap of 3 years. I would like to know what made you think you should return to bitcoin because lately, I have seen many people quitting crypto.
bitcoin is now more dominated by speculators and this has lead to an increase in the price of bitcoin. I would say that whatever happened was for the best of it.
bitcoin was over valued in the end of 2017 and a correction in it's price was definitely necessary according to me. Now that the correction is over, I guess bitcoin should start rising soon.

Caladonian

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Quote from: Rebisco on February 19, 2019, 10:04:15 AM

Quote from: cryptomous on January 15, 2019, 08:59:59 AM

Hi All,

I have been in cryptocurrency since 2014 but last 3 years I took a break from it. I had high hopes how it can change the financial world.

I would like to get back into it but first I would like to find out what is cryptocurrency today.

Is it just a trading commodity, long term investment or is it (very very very) slowly replacing fiat. I know there are many companies and small shops that accept cryptocurrency but is that it? Is the problem still about the speed of a transaction

Please help me catch up a little

In these past years, we saw the improvements within the cryptocurrency market. The cryptocurrency community is becoming more stronger than before, there are now also many businesses that starting to accept cryptocurrencies due to its unique characteristics.

That's right, there's already businesses that caters crypto payments and government to legalized the used of crypto, but for sure its not too late
to review and research every information that's needed in order for OP to catch up with how the trend goes, bigger difference with the value and
a lots of newer projects to choose but the same intentions to become a currency that can workout with local fiat.

Welcome back, and I do hope that deciding to comeback would bring you more interest to stay for good.

Bobby park

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Quote from: BrewMaster on January 15, 2019, 12:16:20 PM

we are having a very similar situation to 2014 but at a higher price this time since the adoption has grown in the past couple of years. the situation is after a bubble burst and the drastic downtrend that it has caused.

as for investment versus currency, i think that part is still the same too. both aspects of bitcoin have grown side by side. meaning there are a lot of people who see bitcoin as an investment which can only make them money while a lot of other see bitcoin as a unique decentralized currency which is offering them a lot more than just profit.
so pretty much the same, only now there are more people in each group.

I was not here back when 2014. When cryptocurrency and bitcoin are coined as bubble burst. However, in this scenario, I feel like where are returning backwardly since many people lose again their beliefs in cryptocurrency. I do not know the root cause why crypto space goes down but it may lead to a big devastation once it will not cure and the market still not recovering. Bitcoin gives us a source of income and it was already proved that it changed the life of every people, either an investor or hunter.

KennyR

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Once bitcoin was used as a platform for some sort of illegal and gambling needs. Later it evolved similar to a currency with just the virtual presence. Soon after the same the market has come to provide users with some sort of earning access serving as a trading asset as more and more cryptocurrency came into existence. Truly it is moving forward with massive adoption happening with time.

Rebisco

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Quote from: cryptomous on January 15, 2019, 08:59:59 AM

Hi All,

I have been in cryptocurrency since 2014 but last 3 years I took a break from it. I had high hopes how it can change the financial world.

I would like to get back into it but first I would like to find out what is cryptocurrency today.

Is it just a trading commodity, long term investment or is it (very very very) slowly replacing fiat. I know there are many companies and small shops that accept cryptocurrency but is that it? Is the problem still about the speed of a transaction

Please help me catch up a little

In these past years, we saw the improvements within the cryptocurrency market. The cryptocurrency community is becoming more stronger than before, there are now also many businesses that starting to accept cryptocurrencies due to its unique characteristics.

Kahoy01

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Quote from: cryptomous on January 15, 2019, 08:59:59 AM

Hi All,

I have been in cryptocurrency since 2014 but last 3 years I took a break from it. I had high hopes how it can change the financial world.

I would like to get back into it but first I would like to find out what is cryptocurrency today.

Is it just a trading commodity, long term investment or is it (very very very) slowly replacing fiat. I know there are many companies and small shops that accept cryptocurrency but is that it? Is the problem still about the speed of a transaction

Please help me catch up a little

There are a lot of changes that we can see nowadays, there are now governments that legalized cryptocurrencies in their country. They say that it is now preferable to use cryptocurrencies than fiat currency because of its convenience in terms of transaction.

Ezenwanyi1

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Veil

Bitcoin is an investment .
The major problem of bitcoin now which is seen to be decreasing adoption rate is the issue of volatility.
Volatility is a great turn off to institutional investors as well as individuals.
Again, bitcoin is not in any going to replace Fiat as their functions differs from other.

LogitechMouse

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I think Bitcoin is more of an investment right now instead of using it as a currency. Yeah there are some establishments who are accepting Bitcoin and other cryptos at this moment and I'm hoping that this will increase in the succeeding years.

I think the problem right now is the transaction as always and lack of regulation of it.

Johnzky

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Quote from: cryptomous on January 15, 2019, 08:59:59 AM

Hi All,

I have been in cryptocurrency since 2014 but last 3 years I took a break from it. I had high hopes how it can change the financial world.

I would like to get back into it but first I would like to find out what is cryptocurrency today.

Is it just a trading commodity, long term investment or is it (very very very) slowly replacing fiat. I know there are many companies and small shops that accept cryptocurrency but is that it? Is the problem still about the speed of a transaction

Please help me catch up a little

About the transaction speed?maybe its not a problem now because you can rely on the speed in every transactions you will make

And you are also correct about shops tht accepting bitcoin now,but the big problem and i guess you know about is the governments mass regulation happening this past years so what we are looking forward is mass adoption for the crypto to be used more preferably in online transacting

Slow death

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Quote from: cryptomous on January 15, 2019, 08:59:59 AM

Hi All,

I have been in cryptocurrency since 2014 but last 3 years I took a break from it. I had high hopes how it can change the financial world.

This is very strange:

Name: cryptomous
Posts: 2
Activity: 2
Merit: 0
Position: Newbie
Date Registered: July 15, 2017, 04:07:08 PM
Last Active: February 04, 2019, 01:44:11 PM

and has this:

Quote from: cryptomous on July 15, 2017, 12:14:16 PM

Hello All,

I would like to introduce Crypto Chat which I have created. I believe we need a live chatting conversations. I have created a website just for that.

Code:

www.cryptochatroom.com

Hope you enjoy

(wasn't sure what category to post this, please move if necessary)

Cryptomous

Ains_sama

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it is true that there are many small shop stores in the city that already use bitcoin, and I think one of them is about speed, and transaction costs.

ralle14

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Quote from: shesheboy on February 18, 2019, 10:27:34 PM

Last year was better than compared to this year because last year bitcoins value is still high but after the start of 2019 , the price fell dramatically.

We can't say last year was better because we haven't seen the rest of this year we're only 2 months in things could get worse for Bitcoin but i'm hoping that it stays somewhat stable until the end of the year.

Quote from: shesheboy on February 18, 2019, 10:27:34 PM

Quote from: Moiyah on February 10, 2019, 08:28:12 PM

It is for long term investments. Nothing much has changed.

No mate bitcoin isnt only for long term investment because it can also be used for short or mid term and most importantly bitcoin's primary use is for paying and buying .

You're not wrong but you'll find more success if you go with long term investments instead of short and mid term investments.

Quote from: SistaFista on February 18, 2019, 10:00:11 PM

If you ask whether the transaction speed is a problem or not, i think there are other cryptocurrencies that have very fast transaction speed aside from bitcoin.

Altcoins does have better transaction speed but they're not widely accepted like Bitcoin.

shesheboy

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Quote from: Moiyah on February 10, 2019, 08:28:12 PM

It is for long term investments. Nothing much has changed.

No mate bitcoin isnt only for long term investment because it can also be used for short or mid term and most importantly bitcoin's primary use is for paying and buying .

Quote from: Moiyah on February 10, 2019, 08:28:12 PM

Bitcoin is still crypto that is unpredicted. Lol.

Bitcoin isnt unpredicted anymore because the longer it runs the more stable the value it gets . one example is the price nowadays .

Quote from: Moiyah on February 10, 2019, 08:28:12 PM

There are small bull run that is happening this year. But last year was a tragedy.

Last year was better than compared to this year because last year bitcoins value is still high but after the start of 2019 , the price fell dramatically.

SistaFista

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Quote from: cryptomous on January 15, 2019, 08:59:59 AM

Hi All,

I have been in cryptocurrency since 2014 but last 3 years I took a break from it. I had high hopes how it can change the financial world.

I would like to get back into it but first I would like to find out what is cryptocurrency today.

Is it just a trading commodity, long term investment or is it (very very very) slowly replacing fiat. I know there are many companies and small shops that accept cryptocurrency but is that it? Is the problem still about the speed of a transaction

Please help me catch up a little

Many peoples have different point of view about cryptocurrency.
Some of them are using crypto only as a trading currency and make profit from that, some of them are using crypto to take a part in some projects.
If you ask whether the transaction speed is a problem or not, i think there are other cryptocurrencies that have very fast transaction speed aside from bitcoin.

SIDDHI777

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We can expect this trend to change in this years because cryptocrrencies are doing very well with proper adoption and gathering more users day by day and what need is more time to make prices more stable with recovery because adoption rate got very slow recently mainly because during the previous price decrease the dip was much higher and losses for investors were much bigger than any other time in the crypto market history so many traders lost there hard earned money instantly so with that kind of situation merchants are little hesitant to accept crypto but time will definitely cure this problem and cryptocurrencies move forward with more stability than ever

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