I think there will be more time to get it done. All coins are influenced by the price of Bitcoin. Bitcoin is the most valuable of all coins and depends on all the coins. The adaptation of the Cryptocurrency has not yet been fully implemented by the business world. It would be possible for companies to make their coins popular like Bitcoin.
Topic: When will the crypto-currency market become mature? (Read 529 times)
Cryptocurrency market is more than anything else based on speculation which is mainly driven by media hype.
We won't even talk of a matured market until investors consider the technology and platform that projects are based rather than team experience, Exchange connections and media ratings that is ruling today's market.
We won't even talk of a matured market until investors consider the technology and platform that projects are based rather than team experience, Exchange connections and media ratings that is ruling today's market.
market consists of investors, market on its own won't mature unless the people in it (aka investors) mature. and each time we see a huge market wide pump we also see a lot of kids coming in with their money to invest in the pump and dump schemes and ICO scams. as long as this is the case we can not expect any kind of maturity.
I read the statement of Professor Cornell Emin Gen Cyr, who said that the mature market should have assets that work independently of each other.
"Indeed, a mature market should be decentralized, and independent prices for coins are untied, each of which is consistent with the future prospects of a particular coin," Sier said.
So far, virtually all the coins are repeating the price movements of bitcoin. So, when do we have a crypto currency market mature enough that coins and tokens develop on their own and do not depend on the price of bitcoin and what is needed for this?
I do not think anyone can know for sure when it is possible on condition that all countries recognize bitcoin is a legal and legal currency for transactions "Indeed, a mature market should be decentralized, and independent prices for coins are untied, each of which is consistent with the future prospects of a particular coin," Sier said.
So far, virtually all the coins are repeating the price movements of bitcoin. So, when do we have a crypto currency market mature enough that coins and tokens develop on their own and do not depend on the price of bitcoin and what is needed for this?
Maturity is in stages, gradually the market will become mature. We need to fight and shun make news and bad impression some people give about this market. Wrong informations create fear in potential investors and it affect the market.
Yeah right, I just see that other coin coins follow only the bitcoin movement, when the bitcoin price falls, the other coins also fall, and vice versa. The only example is Ethereum, the current popularity of ETH should be able to boost the price to equal the bitcoin, but in fact the price of ETH just follow bitcoin.
This is because most of the time other coins are bought with Bitcoin. As more Fiat coin pairings become available then BTC should not have as high of a correlation with altcoins like it does today. Bittrex is taking a step in the right direction with this.
Yeah right, I just see that other coin coins follow only the bitcoin movement, when the bitcoin price falls, the other coins also fall, and vice versa. The only example is Ethereum, the current popularity of ETH should be able to boost the price to equal the bitcoin, but in fact the price of ETH just follow bitcoin.
I read the statement of Professor Cornell Emin Gen Cyr, who said that the mature market should have assets that work independently of each other.
"Indeed, a mature market should be decentralized, and independent prices for coins are untied, each of which is consistent with the future prospects of a particular coin," Sier said.
So far, virtually all the coins are repeating the price movements of bitcoin. So, when do we have a crypto currency market mature enough that coins and tokens develop on their own and do not depend on the price of bitcoin and what is needed for this?
The crypot market will mature when the users and traders and investors of crypto market will be mature as if they will understand the trend of price of each coin and they will understand the market and will not rely on just fud and anti crypto news then they will act with serious steps and the market will act like a mature market. None of the coin will rely on the price of other. "Indeed, a mature market should be decentralized, and independent prices for coins are untied, each of which is consistent with the future prospects of a particular coin," Sier said.
So far, virtually all the coins are repeating the price movements of bitcoin. So, when do we have a crypto currency market mature enough that coins and tokens develop on their own and do not depend on the price of bitcoin and what is needed for this?
first we need real altcoins that are actual crypto currencies not bullshit copy projects that focus on how they can gain the most amount of hype so that they can use that to pump their useless tokens and earn the most amount of money. we need real open projects that work based on contribution and we need developers that believe in their own project not developers who work for money. in other words if you saw a developer who was asking for money (ICO, premine,...) that means his project is not worth it.
then we need the market to grow a lot bigger than it is right now. but that will happen with time and if the first step is done properly. for example you can see how huge the bitcoin market is compared to altcoins combined. that is because bitcoin has real usages apart from being an investment.
then we need the market to grow a lot bigger than it is right now. but that will happen with time and if the first step is done properly. for example you can see how huge the bitcoin market is compared to altcoins combined. that is because bitcoin has real usages apart from being an investment.
if the people fully accept the idea of cryptocurrency and bitcoin. compar to the real money or even the stock market, cryptocurrency is not fully mature due to restrictions being implemented in some countries when it comes to crypto.
Market will be mature if other coins or tokens will not depend on bitcoin but we don't know when will that happen. For all we know, bitcoin is the king of cryptos and it takes the lead and price in the market which becomes the basis of other cryptos price to rise or fall. They are all dependent to bitcoin. If only they can be as independent as bitcoin, and they have whatever bitcoin has to be in this kind of position, surely they will not rely to it and the market will be matured like what some people wanted.
this is also what i've notice on almost altcoin in the marketplace. they're movement largely affected by BTC, it seems to me that altcoin dont have a permanent market or should i say immature market that cannot sustain stability without BTC. hopefully in the coming years, they all change their pattern.. i would like to see allcoin rising up even BTC falling down.
I read the statement of Professor Cornell Emin Gen Cyr, who said that the mature market should have assets that work independently of each other.
"Indeed, a mature market should be decentralized, and independent prices for coins are untied, each of which is consistent with the future prospects of a particular coin," Sier said.
So far, virtually all the coins are repeating the price movements of bitcoin. So, when do we have a crypto currency market mature enough that coins and tokens develop on their own and do not depend on the price of bitcoin and what is needed for this?
The crypot market will mature when the users and traders and investors of crypto market will be mature as if they will understand the trend of price of each coin and they will understand the market and will not rely on just fud and anti crypto news then they will act with serious steps and the market will act like a mature market. None of the coin will rely on the price of other. "Indeed, a mature market should be decentralized, and independent prices for coins are untied, each of which is consistent with the future prospects of a particular coin," Sier said.
So far, virtually all the coins are repeating the price movements of bitcoin. So, when do we have a crypto currency market mature enough that coins and tokens develop on their own and do not depend on the price of bitcoin and what is needed for this?
I guess we will only see maturity if these coins indeed become independent of Bitcoin. One way for this to happen is when a coin becomes mainstream and delivering what it promises to achieve. And I think most crypto enthusiasts are also looking forward to this event (of maturity)
I believe that Bitcoin is an investment for the future. Even though Bitcoin's value sometimes fluctuates, it is a good investment for the future.
I believe that this emerging will become stable and mature. But more importantly it will have to wither storms and its major forces are economies of the world and government. The price will become stable but i see more into the next 5years before it get to become stable.
I read the statement of Professor Cornell Emin Gen Cyr, who said that the mature market should have assets that work independently of each other.
"Indeed, a mature market should be decentralized, and independent prices for coins are untied, each of which is consistent with the future prospects of a particular coin," Sier said.
So far, virtually all the coins are repeating the price movements of bitcoin. So, when do we have a crypto currency market mature enough that coins and tokens develop on their own and do not depend on the price of bitcoin and what is needed for this?
"Indeed, a mature market should be decentralized, and independent prices for coins are untied, each of which is consistent with the future prospects of a particular coin," Sier said.
So far, virtually all the coins are repeating the price movements of bitcoin. So, when do we have a crypto currency market mature enough that coins and tokens develop on their own and do not depend on the price of bitcoin and what is needed for this?
In this quote we already see that there will be no mature market, if mature market should work independently of each other than it wouldn't work.
you just can't rule the people where to put their money, no third parties in this decentralized, all people just work for themselves.
people just like to follow what are the most profitable to them, and still didn't have no interest to balancing each other
you are asking when will altcoins develop far from just being in the shadow of bitcoins?
I think that is not possible since alts are just remodeled bitcoins. Bitcoin is te mdium and the use of some alts will depend also on how bitcoin is being valued.
Though alts are creating there own image, it would. nit take away the fact that it is just a part of something bigger.
I know that demand will depend on alts own identity and people's trust and bitcoins is not responsible for the vaalue it gains but as you can see, btc is needed to complete the cycle. As long as a coin is not that popular and less accessible, it will always depend on bitcoin.
I think that is not possible since alts are just remodeled bitcoins. Bitcoin is te mdium and the use of some alts will depend also on how bitcoin is being valued.
Though alts are creating there own image, it would. nit take away the fact that it is just a part of something bigger.
I know that demand will depend on alts own identity and people's trust and bitcoins is not responsible for the vaalue it gains but as you can see, btc is needed to complete the cycle. As long as a coin is not that popular and less accessible, it will always depend on bitcoin.
It is false to say that all coins derived their prices from bitcoin price. The fact that a direction of bitcoin price make other coins move in that direction doesn't mean it occur all time. Sometimes bitcoin will be in red and most coins will be skyrocketing
as a whole do not blame btc, it's all the current conditions, so it's not btc completely wrong. we must also distinguish between what is wrong and what is unfortunate
It is false to say that all coins derived their prices from bitcoin price. The fact that a direction of bitcoin price make other coins move in that direction doesn't mean it occur all time. Sometimes bitcoin will be in red and most coins will be skyrocketing
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