What kind of coin or token will be chosen and survive? - page 4.

Ziskinberg

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Quote from: ariinv on April 23, 2022, 01:38:41 PM

There is a huge competition between cryptocurrencies, many believe just dynamic and self fulfilling ideas with different properties and a variety of incentives may survive! Others expect fiat money will leave behind reliance on quantitative competition!

I think cryptocurrencies are not able to defeat fiat currencies without changing nations culture and ethics! what do you think?

We don't look at and consider Bitcoin as competing fiat nor is it able to defeat it. It was not it meant and the creation of these cryptocurrencies is not all about beating fiat but just an alternative currency. I was sad that many were still not educated about how this Bitcoin and altcoins. It serves to have a purpose and role in the market but not the way it stops fiat.

In the future, we are able to see huge adoption of digital currencies but the use of fiat still remains. I wasn't think this stuff it sinks as people valued this even more than Bitcoin.

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Quote from: ariinv on April 23, 2022, 01:38:41 PM

I think cryptocurrencies are not able to defeat fiat currencies without changing nations culture and ethics! what do you think?

We are still living under a society governed and controlled by the government, so stop thinking that crypto will defeat or replace traditional fiat.

I find this really unnecessary, it would be better if both coexist and support each other. I still find it better to use fiat on a daily basis than using crypto, crypto is really convenient but now it is more suitable as an investment than using it for payments.

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Quote from: ariinv on April 23, 2022, 01:38:41 PM

There is a huge competition between cryptocurrencies, many believe just dynamic and self fulfilling ideas with different properties and a variety of incentives may survive! Others expect fiat money will leave behind reliance on quantitative competition!

I think cryptocurrencies are not able to defeat fiat currencies without changing nations culture and ethics! what do you think?

There is no borders for cryptocurrencies,it is actually meant to be used as a medium of exchange by anyone in this world so what kind of coin will survive? I don't know but the coin can survive if the people understand that fiat money is losing its value meanwhile cryptocurrency value keeps increasing every cycle.

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Quote from: ariinv on April 23, 2022, 01:38:41 PM

I think cryptocurrencies are not able to defeat fiat currencies without changing nations culture and ethics! what do you think?

It doesn't have to change the ethics and culture, knowledge and education. The people of a country needs to know. You don't have to remove from them the things they are already doing. Insert in them the ideas without damaging the culture, they lived for how many centuries following what their forefathers did, so it won't be advisable to revolutionize that in a single decade.

Scripture

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Quote from: ariinv on April 23, 2022, 01:38:41 PM

I think cryptocurrencies are not able to defeat fiat currencies without changing nations culture and ethics! what do you think?

Crypto can't beat fiat money no matter how much it grows because fiat money is government controlled and crypto is not.
The coin/token that you can choose to survive are the best one and the top coins listed in the market, go for Bitcoin, ETH and BNB I'm pretty confident that even on a bear market they can still rise and they prove that already. I'm into good coins with regards to long term holding, that's the only option for me.

lobo13hf

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The token that has more usefulness will still alive. This time the trend is around the play to earn token from doing daily activity like walking or running. in my opinion if this is the best idea that can always be implemented into the daily live. this kind of token has more usefulness for our daily life rather than the passive tokens that have no benefit for our life. I prefer to take this kind of token as the one that will be survive as so many people are also choosing it as they can earn daily income from only walking or running in the real life.
This is the next level of play to earn game for sure.

TheClownSong

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Quote from: Crypt0Gore on April 24, 2022, 01:11:52 PM

If you have no interest in top crypto projects my advice is to focus on making profits out of new projects only, erase the idea of holding for years because ma y altcoins won't be around in next two to three years later, its also unpredictable which token or coin will for long, do some research and invest money that you are ready to lose.

only coins that developt their own chain have great utility could survive for more than two or three years later, and not alot of project could do this. most of project at this moment only shit and focus taking investor's money. recently i saw jungle kingdom project which is rise 750 bnb but only provide luquidiy 11bnb and price dumped hard. so becarefull with new project especially undoxxed team by reputable audit firm.

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Quote from: ariinv on April 23, 2022, 01:38:41 PM

There is a huge competition between cryptocurrencies, many believe just dynamic and self fulfilling ideas with different properties and a variety of incentives may survive! Others expect fiat money will leave behind reliance on quantitative competition!

I think cryptocurrencies are not able to defeat fiat currencies without changing nations culture and ethics! what do you think?

Defeat fiat?? Was it really the purpose of cryptos? I guess not!

Cryptocurrency will never be able to defeat fiat unless we a global nuke war where majority of the government establishments will be destroyed. Otherwise, fiat's dominance will remain intact no matter how many people adopts it.

So it's not just cultural or ethical change - it's erosion!

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Quote from: Crypt0Gore on April 24, 2022, 01:11:52 PM

If you have no interest in top crypto projects my advice is to focus on making profits out of new projects only, erase the idea of holding for years because ma y altcoins won't be around in next two to three years later, its also unpredictable which token or coin will for long, do some research and invest money that you are ready to lose.

At least to me it seems better to concentrate on the top coins in the market with a strong emphasis in bitcoin than to try to trade new coins, the risks are simply too big for us to ignore, after all when it comes to those coins it is not only difficult to invest in them but to trade them too because their volume is so low that any whale can try to manipulate its price and they will be successful in their attempts and they will make it to go up or down at will, making impossible to apply TA and most likely such a movement in the market will make you lose money.

Lagduf

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cryptocurrencies in general just gonna become an investment instrument and fiat gonna be existing for another centuries.
the current circumstance so far is that so many countries allows the existence of cryptocurrencies because it was considered as commodity and also being called as just an investment instrument not a currency.
also the ones altcoins that gonna survive are the ones that keeps innovating further and further, major altcoins are doing this like ETH with their upgrades, etc. In the future the ones that gonna survive are the altcoins that have real use case.
the other gonna gets casted away and gets delisted from exchange basically entering state of dying.

nurilham

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If this is about coin or tokens that can survive, the top in CMC with real.use case, strong and professional team actively, much money as funds, exact and sure progress, big listing exchanges, high volume and liquidity, the coins or tokens with those elements have higher chances to win and survive during this pandemi.

Quote from: ariinv on April 23, 2022, 01:38:41 PM

I think cryptocurrencies are not able to defeat fiat currencies without changing nations culture and ethics! what do you think?

exactly, that is why we may not want to replace, but to complete and atract bigger society to use crypto as well at first.

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I didn't see any correlation between your title with the thread that you have written above. If crypto didn't compete with fiat currencies even both are exists and why do we need to think which one that can survive or to be chosen while people have their own choice for what kind of token that will survive? It doesn't make sense to hear that. Whole of crypto will always still survive even those major coins will always highly valued with big capitalization.
It's caused by that's different with the fiat if in crypto is pretty similar to the stock rather than being a competitor for fiat.

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Quote from: ariinv on April 23, 2022, 01:38:41 PM

There is a huge competition between cryptocurrencies, many believe just dynamic and self fulfilling ideas with different properties and a variety of incentives may survive!

Only coins that are solving real issues cheaper, faster and more reliable then you could do by centralized databases. Not every problem can be solved with cryptos however, but people will try to sell us that idea because they want to make money while the iron is hot.

Quote from: ariinv on April 23, 2022, 01:38:41 PM

Others expect fiat money will leave behind reliance on quantitative competition!

I think cryptocurrencies are not able to defeat fiat currencies without changing nations culture and ethics! what do you think?

Cryptocurrencies aren't fighting with fiat currencies. In fact mostly people want to change their cryptos to fiat currences at some point. And most people are using cryptos to get more fiat currencies. There might be few people who want more bitcoin with that but that's a small minority.

Oceat

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I'm not thinking about crypto currency will replace fiat maybe today but I don't know about the future maybe there will be a different payment system that doesn't involve fiat. So why bother to ask that when all the government been doing is to consider fiat and crypto to coexist since if they want to get rid of crypto they can't do anything especially to the Bitcoin which isn't someone's property. Therefore, if people use Bitcoin they won't be able to control the outcome of the money which is essential for the growth of a country.

Altcoins on the other hand, is just a utility coin or an alternative to Bitcoin and I can't give you a promising one since everyone of us has different opinion on a certain coin but if it's Bitcoin, I have no doubt about it except of the price and what's going to happen in it to the future.

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Quote from: Psynthax on April 24, 2022, 11:03:49 AM

Quote from: ariinv on April 23, 2022, 01:38:41 PM

I think cryptocurrencies are not able to defeat fiat currencies without changing nations culture and ethics! what do you think?

Crypto was not able doing it. Why does crypto need to compete with the fiat if people will always need both? Should there be an elimination one from both to make sure if there was only one thing that exist in the market? it doesn't make sense to me to be honest. So far so good with both can co exist at the same time like this time. Crypto doesn't need to compete with the fiat currency and about think about what kind of crypto that will be chosen and survive and i think all of crypto will be chosen and survive. People need all of crypto these days,.

You're right, so far both of them coexist very well but fiat is mandatory for us because it can be used in all countries we also need it to live and trade. Crypto is an asset for business, team communities and even companies are currently getting into this business. Surviving altcoins for those who are truly capable of innovating.

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If you have no interest in top crypto projects my advice is to focus on making profits out of new projects only, erase the idea of holding for years because ma y altcoins won't be around in next two to three years later, its also unpredictable which token or coin will for long, do some research and invest money that you are ready to lose.

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Quote from: Ulven on April 23, 2022, 02:44:15 PM

Quote from: ariinv on April 23, 2022, 01:38:41 PM

There is a huge competition between cryptocurrencies, many believe just dynamic and self fulfilling ideas with different properties and a variety of incentives may survive! Others expect fiat money will leave behind reliance on quantitative competition!

I think cryptocurrencies are not able to defeat fiat currencies without changing nations culture and ethics! what do you think?

Currently, digital currencies cannot overthrow traditional currencies for several reasons, but they can provide support in various areas related to payments because they are instant and with low fees.
With the development of the world, perhaps there will be a great opportunity for digital currencies that can replace fiat currencies .

Even if the best case scenario happened and bitcoin was able to defeat fiat currencies that does not mean that the defeat of fiat currencies will be definitive, and what better example of this than what happened at Zimbabwe, the hyperinflation that happened there was legendary and even after their fiat disappeared for a time then the government of Zimbabwe tried once again to force people to use a new currency they began to print, so beating fiat is unnecessary because as long as we can use bitcoin as an alternative that is enough.

Psynthax

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Quote from: ariinv on April 23, 2022, 01:38:41 PM

I think cryptocurrencies are not able to defeat fiat currencies without changing nations culture and ethics! what do you think?

Crypto was not able doing it. Why does crypto need to compete with the fiat if people will always need both? Should there be an elimination one from both to make sure if there was only one thing that exist in the market? it doesn't make sense to me to be honest. So far so good with both can co exist at the same time like this time. Crypto doesn't need to compete with the fiat currency and about think about what kind of crypto that will be chosen and survive and i think all of crypto will be chosen and survive. People need all of crypto these days,.

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Quote from: ariinv on April 23, 2022, 01:38:41 PM

...I think cryptocurrencies are not able to defeat fiat currencies without changing nations culture and ethics! what do you think?

So what do you think will help them change that to make cryptocurrency popular as desired by many people, including me and you? It's not a matter of quickly expressing an individual or public opinion, and this process will take many years and a lot of time in my opinion, as well as the fact that this process has started and is changing. But the good thing that is well perceived and develops the direction for human progress will be chosen and maintained. It is like a trial and an exclusion. We also need to be satisfied and grateful for what life is going on. I need to put in more effort.

masterrex

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Quote from: ariinv on April 23, 2022, 01:38:41 PM

There is a huge competition between cryptocurrencies, many believe just dynamic and self fulfilling ideas with different properties and a variety of incentives may survive! Others expect fiat money will leave behind reliance on quantitative competition!

I think cryptocurrencies are not able to defeat fiat currencies without changing nations culture and ethics! what do you think?

I agree it is very hard to defeat the fiat currencies because it was introduced by the government itself and also guaranteed by the state, so it's a very important part of the nation and its economic well being, that's why the cryptocurrencies should learn to co-exist with the fiat currency so that both old and the new innovative financial tool like the cryptocurrencies will share the opportunity and goal to empower the nation and the people.

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