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Topic: Where are we going with cryptocurrency? - page 4. (Read 2861 times)

legendary
Activity: 1666
Merit: 1001
There are a lot of people knew about crypto currencies especially bitcoin, the number of people that aware of bitcoin has been up very fast, most of my friends knew about bitcoin but not all of them want to used bitcoin, because they always heard the bad news about bitcoin so they thought that bitcoin is a criminal coin, we still need to increase the bitcoin popularity so everyone aware of bitcoin potential, if everyone had the same vision bitcoin could be become big and useful
hero member
Activity: 728
Merit: 537
As soon as majority of the world is informed and knows about digital currency 

Well I think every country that has access to internet tv heard about bitcoins at least once.
But the thing is people are afraid of new things (as always). They prefer to do things the same way they have always done it.

It's almost only traders and tech-savies are the ones who are interested in it.
The easier it becomes to be used by an average user, the more it gets used.

That's besides the fact that a lot of authorities haven't commented about it which makes people more skeptic about it.
hero member
Activity: 574
Merit: 503
When most of the world knows about digital currencies.
I'm sure they will start leaving traditional banks and start to learn more about cryptocurrency,
Whoever it is, they will be more interested in using it,
because so many conveniences and advantages offered dari cryptocurrency
However the convenience is provided by the cryptocurrency people never leave the traditional currency and go behind the cryptocurrency. Cryptocurrency is something that has made the financial system work in a better way just with its virtual form and ease of generating whereas traditional currency has got lots and lots of procedures to be followed before printing a currency.


Indeed your opinion is correct,
But are the children able to digest it well?
Because usually a lot of children are carried away by the dark world,
Because the moral damage of a child can occur if they can not control the use of the system of cryptocurrency
sr. member
Activity: 1246
Merit: 255
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When most of the world knows about digital currencies.
I'm sure they will start leaving traditional banks and start to learn more about cryptocurrency,
Whoever it is, they will be more interested in using it,
because so many conveniences and advantages offered dari cryptocurrency
However the convenience is provided by the cryptocurrency people never leave the traditional currency and go behind the cryptocurrency. Cryptocurrency is something that has made the financial system work in a better way just with its virtual form and ease of generating whereas traditional currency has got lots and lots of procedures to be followed before printing a currency.
sr. member
Activity: 490
Merit: 250
I think a lot of people have heard of bitcoin at least o'ce but only through the mainstream media. A lot of people still associate it with drugs and hackers a stigma that the media put on bitcoin and thus crypto currency as a whole. However that will change soon (changing already). But bitcoin isn't ready yet. The scaling issue is yet to be resolved (hopefully August 1st).

They will connect it to illegal things and lately the ransomeware attack most of the computers then you will be force to pay with bitcoin. Because of that it is still connected to bad things/illegal things. On the other side, other people know what is bitcoin and they can make used of it. A lot of countries adopting bitcoin and it will be means of payment soon so it would be a great news.
hero member
Activity: 574
Merit: 503
When most of the world knows about digital currencies.
I'm sure they will start leaving traditional banks and start to learn more about cryptocurrency,
Whoever it is, they will be more interested in using it,
because so many conveniences and advantages offered dari cryptocurrency
hero member
Activity: 686
Merit: 500
As soon as majority of the world is informed and knows about digital currency, what do you think will happen? No matter how good it sounds to traditional banking, how much of the population will make cryptocurrency grow? 
More people are aware of bitcoin today yet there are people of considerable volume who don't know about bitcoin.If every one knows about bitcoin,its demand would increase more increasing its price as bitcoin supply is limited.Bankers would lose their control over the society more.More unemployed people would get opportunity to earn through bitcoin.
sr. member
Activity: 281
Merit: 250
I don't want government watch my every step. I don't want to be slave of centralized banking system. I don't want to see borders between other people and me. Main reasons why I'm in crypto assets.
legendary
Activity: 2688
Merit: 1065
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As soon as majority of the world is informed and knows about digital currency, what do you think will happen? No matter how good it sounds to traditional banking, how much of the population will make cryptocurrency grow? 

If anyone will knows it then that's it. We have now multiple advantages using fiat and by using bitcoin. Traditional banking will still there because for bitcoin to become like that, bitcoin exchanges must be the one that will act like bank but unfortunately I think it's not as easy as others thinking and I doubt there will be one.

Just imagine how comfortable our life could be if we can take advantages of banking services and the good value bitcoin will give to us. About the population, it will depend on the legality of bitcoin per country. Even anyone will knows bitcoin but still the legality of it is questionable in a country, then we can't state the exact percentage of population that will make the cryptocurrency grows.
sr. member
Activity: 336
Merit: 252
I think a lot of people have heard of bitcoin at least o'ce but only through the mainstream media. A lot of people still associate it with drugs and hackers a stigma that the media put on bitcoin and thus crypto currency as a whole. However that will change soon (changing already). But bitcoin isn't ready yet. The scaling issue is yet to be resolved (hopefully August 1st).
sr. member
Activity: 644
Merit: 299
As soon as majority of the world is informed and knows about digital currency, what do you think will happen? No matter how good it sounds to traditional banking, how much of the population will make cryptocurrency grow?  
I think with the trend over the years, it is obvious that as cryptocurrency keeps getting known worldwide and its users keep increasing, the more it keeps showing greater prospects for the future. I believe the price will keep skyrocketing until we get to a stage where it balances and probably we arrive at the Peak value (who knows?). I'd say we are heading to the moon, hopefully all these scaling shit with bitcoin is also solved soon, otherwise we may start telling different stories.
legendary
Activity: 1288
Merit: 1087
the crypto we're familiar with now will never be used by the mainstream. the tech will be taken and utilised for stuff that's non monetary or pegged to usd valuations. the average person will not tolerate the never ending volatility that a real crypto has.

it's a solution that only works for a certain type of person. most people are not that type of person.
legendary
Activity: 3318
Merit: 1247
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Cryptocurrencies are going toward the future. The more people start using them and realizing these currencies advantages we can have a better future for ourselves. Of course this needs time but things are looking good at the moment with more and more people interested in bitcoin each and each day. It is true that for the average Joe it is not easy but hopefully with the level of technological education growing nowadays will surely make also the average Joe starting to accept and learning the fundamentals behind this amazing technology.
hero member
Activity: 3024
Merit: 745
🌀 Cosmic Casino
As soon as majority of the world is informed and knows about digital currency, what do you think will happen? No matter how good it sounds to traditional banking, how much of the population will make cryptocurrency grow? 

What do I think will happen? Many countries will be attracted with this technology and as you can see with a lot of news coming out, different countries started to do their study cases and test scenarios for the adoption of blockchain technology and bitcoin. Well the growth of crypto currency isn't measurable as it keeps on moving forward.
sr. member
Activity: 812
Merit: 251
As soon as majority of the world is informed and knows about digital currency, what do you think will happen? No matter how good it sounds to traditional banking, how much of the population will make cryptocurrency grow? 

There are already existing digital currencies in the form of fiats that are loaded on a credit or debit card and nothing has really happened. I don't think it will be different if Bitcoin or any other Altcoins  are made known worldwide, rather they will adopt to its usage just like we did to credit and debit cards.
full member
Activity: 294
Merit: 100
As soon as majority of the world is informed and knows about digital currency, what do you think will happen? No matter how good it sounds to traditional banking, how much of the population will make cryptocurrency grow? 
If everyone has heard about Bitcoin and agree to use Bitcoin (or other altcoins) as money or a payment method, Bitcoin community can be bigger and its price should be higher so that yes, Bitcoin can grow up, it affects so much
sr. member
Activity: 2436
Merit: 455
Cryptocurrency can really change the world if we are all going to cooperate with this new advanced currency that are trying to prove them selves in the market. Most of the cryptocurrencies are secured and one of the best currency to use so if we will use cryptos then we could easily reach the point that we already have a highly improved financial system.
sr. member
Activity: 672
Merit: 250
June 17, 2017, 09:03:47 AM
#9
Majority percent people of cryptoworld seems that cryptocurrency will be able to hit in the moon by the demand of altcoin. A huge volium of money is used to invest that so much people i think.
hero member
Activity: 1470
Merit: 655
June 17, 2017, 07:29:26 AM
#8
if by "grow" you mean price and it going up, then i don't understand your question because it doesn't make any sense to say it is better than banking system then only ask about price of it!

but if by "grow" you mean more about its adoption, as to be used as a store of value and to use as a currency to transfer money or buy stuff. then your question makes more sense. and for now a rather large part of the population is informed about bitcoin but they are not so willing to start using it for a variety of reasons.
some are scared because it is new technology,
some are scared because it is not regulated,
some are scared because of the price volatility,
some are scared because price has gone up from their ideal price
...
and the only way that i can see this change and we reach a stage when "the population" starts being more aware of bitcoin and more accepting of it is when it starts having more real usages. when you open your favorite shop online or when you want to buy something using credit card or paypal, ... when you see Bitcoin sign also there, that is the time you can say many will change their minds.
hero member
Activity: 616
Merit: 502
June 17, 2017, 07:20:04 AM
#7
A lot of people are aware of cryptocurrency and still not enough for some kind of shift to happen. For most of them it's still a complicated, insecure, not real money. But I think in time more altcoins will appear and bitcoin will become even more expensive.

To the future where we could be more advanced, where the new beginning will rise. The cryptocurrencies will help us to start a new beginning to correct our mistakes and learned our lesson for us to know what is the right thing to do and what is not. This could make us rich by holding it and wait for the right time to sell to have profits in the long run.
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