Which currency will dominate the crypto market? Please vote! - page 12.

ifinta

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Yes. Tether has no value. It is the reality. A PIZZA, a caffe, a tree, a working hour of an expert, a jewellery, a charm of a girl, ... such things has value. Tether isn't more as paper money, as Bitcoin also.

Bitcoin WAS limited. It was an unique feature.
Bitcoin + Litecoin WAS limited also. (( everything other was scam Cheesy

))

But the Crypto Market not more limited! We issuing more and more crypto's...
USD won't have any limits Cheesy

we tasted... (But other paper money has also no limits!)

Crypto Market + USD = PAPER MONEY. We stepping backwards, we tokenizing the old moneysystem already......

Quote from: Findingnemo on September 17, 2019, 11:23:57 AM

...
Tether will not have this much value if there is no bitcoin and other volatile cryptos so it means its only used for trading purpose.Once crypto adopted by most people here then tether will lose its value.
...

blueteam09

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📱 CARTESI 📱 INFRASTRUCTURE FOR SCA

Quote from: ifinta on September 15, 2019, 06:32:07 AM

And my opinion about bitcoin, crypto's - don't changed:
https://www.reddit.com/r/Bitcoin/comments/9u2men/a_criticism_of_bitcoin_as_a_kind_of_money_and_a/

USDT is currently used the most because of its price stability and the convention of USDT = USD. The total trading volume of USDT is the highest as it done on many different pairs on a lot of exchanges on CMC. That is why USDT has a very large total trading volume.

Findingnemo

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Bitcoin = Financial freedom

Quote from: ifinta on September 17, 2019, 10:26:41 AM

Please select for Bitcoin the option: other Grin

Please consider USD as the dominating currency of our globe.
Please consider our cryptocurrency market has already a new No1 in Daily Volumen: USDT
USDT not the only the ONE cryptocurrency (or crypto-asset or token or crypto-coin or coin - every is the same, I think...) backed with USD
USD issued by USA - and controlled through FED very well......
It means, we have a cryptocurrency market dominated (in Daily Volumen) by the FED of the USA through a standard currency, the USD. With the help of some banks and firms. Tricky. Any other opinion?

Tether will not have this much value if there is no bitcoin and other volatile cryptos so it means its only used for trading purpose.Once crypto adopted by most people here then tether will lose its value.

I see market cap value as the dominating part over 24 hour trading volume.

ifinta

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Merit: 109

Please select for Bitcoin the option: other Grin

Please consider USD as the dominating currency of our globe.
Please consider our cryptocurrency market has already a new No1 in Daily Volumen: USDT
USDT not the only the ONE cryptocurrency (or crypto-asset or token or crypto-coin or coin - every is the same, I think...) backed with USD
USD issued by USA - and controlled through FED very well......
It means, we have a cryptocurrency market dominated (in Daily Volumen) by the FED of the USA through a standard currency, the USD. With the help of some banks and firms. Tricky. Any other opinion?

Quote from: Findingnemo on September 17, 2019, 01:59:27 AM

I don't see bitcoin in your pool then how can I vote?

You already can see bitcoin is dominating the crypto market and in future as well it is going to be.

Maybe you think it doesn't have any intrinsic value to it but it has that is why people is buying it and preserving for the future usage.

EdenHazard

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Quote from: Kakmakr on September 17, 2019, 02:33:24 AM

Why is Bitcoin not on the list? The majority of the Bitcoin enthusiasts on this forum would have voted for Bitcoin to be the number #1 Crypto currency and I think you left it out on purpose to influence the outcome of this poll. Roll Eyes

GovCoins will be backed by the country of origin and it depends on what countries would be "digitizing" their fiat currency first. If the USA decides to launch it's first fiat backed Crypto currency, then they would dominate the Crypto currency scene for a while, but they will get strong competition from China and the UK. Roll Eyes

Once people see the dangers of GovCoins, they will turn to Bitcoin and you will see Bitcoin dominance again. Grin

Pretty sure it's left out on purpose , but here the thing about usdt a cryptocurrency that claimed each token is backed by one us dollar which until now it's been debatable, this token is really dangerous.

How? First of all usdt is centralized... tether Ltd as a company is the one who has a power on issuing the tokens and that's make it vulnerable, I won't trust on this kind system.

Even though everyone knew about this and some people even believe that usdt / tether Ltd has something to hide & has another agenda ... a lot of people continue using usdt as a safe haven everytime bitcoin dropped so hard. A bit ironic to see this phenomenon.

gantez

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OP's poll is not well directed. If the currency you mean is cryptocurrency or fiat is not clear as many response is in between. So I will pick dollar for fiat and btc for cryptocurrency.

Findingnemo

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Bitcoin = Financial freedom

Quote from: Renampun on September 17, 2019, 04:47:32 AM

Quote from: Findingnemo on September 17, 2019, 01:59:27 AM

I don't see bitcoin in your pool then how can I vote?

OP knows that Bitcoin is the market leader,
but what is meant by the OP is the currency issued by the state,
I choose "THE Just another USD as a crypto"
because I realize that the influence of the US will not weaken, they will be very vigorous to make their favorite currency as a ruler,
and in the crypto world too, surely they will try to make the USD a ruler.

So OP got misleading title to his topic!

US may not have any supermacy in the decentralized market and they already allowed the centralized tokens like libra to nullify the decetralized cryptos.

sana54210

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I don't understand your poll because your option is showing as if usd belongs to cryptocurrency group, when we are talking of cryptocurrency, please talk better currencies and not the usd that is full on your poll.

In cryptocurrency market, bitcoin still remains the lead and will remain the best and most reliable coins for transactions, but in the other world of currencies outside, cryptocurrency, of course, usd is their leader but the usd will lose its glory so too and what many people will be used to in near future is still bitcoin.

For tether and bitcoin, please is what people will always use the more, although, there is a stage where they will still need usdt to be able to hold some of their profits or capital down, but for transactions like trading and payments, of course bitcoin will always remain the best of them all.

Renampun

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Merit: 365

Quote from: Findingnemo on September 17, 2019, 01:59:27 AM

I don't see bitcoin in your pool then how can I vote?

OP knows that Bitcoin is the market leader,
but what is meant by the OP is the currency issued by the state,
I choose "THE Just another USD as a crypto"
because I realize that the influence of the US will not weaken, they will be very vigorous to make their favorite currency as a ruler,
and in the crypto world too, surely they will try to make the USD a ruler.

Quote from: shoreno on September 16, 2019, 10:50:17 PM

by the way , on what chart did you get that pic ? i think its manipulative or just edited . sorry but i dont believe that .

source: https://coinmarketcap.com/currencies/volume/monthly/

Kakmakr

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Leading Crypto Sports Betting & Casino Platform

Why is Bitcoin not on the list? The majority of the Bitcoin enthusiasts on this forum would have voted for Bitcoin to be the number #1 Crypto currency and I think you left it out on purpose to influence the outcome of this poll. Roll Eyes

GovCoins will be backed by the country of origin and it depends on what countries would be "digitizing" their fiat currency first. If the USA decides to launch it's first fiat backed Crypto currency, then they would dominate the Crypto currency scene for a while, but they will get strong competition from China and the UK. Roll Eyes

Once people see the dangers of GovCoins, they will turn to Bitcoin and you will see Bitcoin dominance again. Grin

Findingnemo

hero member

Activity: 2366

Merit: 793

Bitcoin = Financial freedom

I don't see bitcoin in your pool then how can I vote?

You already can see bitcoin is dominating the crypto market and in future as well it is going to be.

Maybe you think it doesn't have any intrinsic value to it but it has that is why people is buying it and preserving for the future usage.

pieppiep

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Activity: 1596

Merit: 502

Quote from: shoreno on September 16, 2019, 10:50:17 PM

lol why there are mostly usd on the choices ? but the title says crypto market therfor cryptos are the only qualified on this topic . now after checking the contents of thread i see on the pic that you are talking about usd/tether not the actual usd currency but i was still shock on the pic , why usdt is the number 1 ? i thought btc is always dominating .

by the way , on what chart did you get that pic ? i think its manipulative or just edited . sorry but i dont believe that .

I think he shorts out the volume data, so you see Tether is at the number 1 in the CMC. But if you use the standard image from CMC, you will see bitcoin still at number 1. You will get another result if you short out or short in the data.

I don't think the currency (usdt and else) will dominate the crypto market because it is hard to beat the bitcoin price, but maybe those tether have a big volume so the position will be at the number 1.

Any coins can not beat BTC dominating because they are behind of bitcoin itself. So if they say that this currency will dominate the crypto, I don't think that will happen. The present of Tether gives solution to people to have a stable coin to invest than they choose bitcoin or altcoin for the solution. And if they don't want to see the value of every coin they have was decrease, maybe they can convert they altcoin into bitcoin to see what is happening later.

shoreno

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lol why there are mostly usd on the choices ? but the title says crypto market therfor cryptos are the only qualified on this topic . now after checking the contents of thread i see on the pic that you are talking about usd/tether not the actual usd currency but i was still shock on the pic , why usdt is the number 1 ? i thought btc is always dominating .

by the way , on what chart did you get that pic ? i think its manipulative or just edited . sorry but i dont believe that .

Periodik

sr. member

Activity: 1022

Merit: 256

The poll is rather confusing to me.

The question is "Which currency will dominate the crypto market?" So why is there is no Bitcoin as an option? USD is all over the options. Bitcoin is dominating the cryptocurrency market. Can you not see it in CMC? The dominance of Bitcoin in the crypto market is around 70%. That is crystal clear. Why talk of volume as your argument when you are asking about dominance? If you talk of dominance, you should take into consideration the market cap.

STT

legendary

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USD isnt crypto, anything which is relying on centralized value and control is not really anything new just a rehash of digital currency already existing for a long time. Not sure why USD is mentioned so many times in the poll, perhaps this itself is an indicator as we reach a peak in Dollar domination of global reserve assets it will make sense for value to be more distributed across many mediums and with more nations involved in deciding value of FIAT or anything else.
I hope we move towards free trade in future or at least away from one nation being so involved with value as it brings bias and favour to those most closely related to the source. I personally benefit from this bias afaik but I believe we'll all be better off with a system backed by trade not debt as we have now, politics is too involved in economics so that the cart is leading the donkey. We are going to end up in a ditch most likely carrying on that way.
This is why crypto is so different because its not tied to any one point, currency or country. If we're here just talking about USD , tether, Ripple or anything else fixed and bound then I think we are looking backwards not forwards where change to status quo will likely occur because FIAT is not working.

gentlemand

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Welt Am Draht

The poll is total nonsense. Make one that's comprehensible.

USDT isn't a cryptocurrency. It's a token.

We all know which cryptocurrency is dominating and will continue to dominate. Bitcoin's getting more entrenched by the day. Another bubble or two and there won't be the barest possibility of anything else popping along and it's already there pretty much.

ifinta

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Activity: 734

Merit: 109

Here is some English info about the Bond of Santander:

https://www.santander.com/csgs/Satellite/CFWCSancomQP01/en_GB/Corporate/Press-room/2019/09/12/Santander-launches-the-first-end-to-end-blockchain-bond.html
https://cointelegraph.com/news/santander-issues-20-million-end-to-end-blockchain-bond-on-ethereum

Quote from: ifinta on September 16, 2019, 12:52:07 AM

Quote from: palle11 on September 15, 2019, 01:07:36 PM

I can only talk about the first which we all know about. Bitcoin has been there with far margin on others and that is why they are called altcoins because bitcoin is on the world of its own.

Yes, bitcoin has a margin at this time in the Marketcap, but loosed the first position in daily VOLUMEN because USD. Yes, I know, it is only "Tether" Cheesy

and working on the Bitcoin blockchain. But it is the USD behind. We HOPE Cheesy

The third position, ETH is interesting, because Tether was able to get the first position through the trades with ETH. ETH in USDT. Please see on Marketcap sometimes the Market stat also

I think, it will be started a new HYPE for ETH. (and some other Alt's, what is INTERESTING (spell: SELECTED) for STANDARD INVESTORS)

And a news (sorry - it is German, I know... Just searching for an English equalent...):

FanEagle

legendary

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This depends on what the OP is basically trying to say. If the regular coin that will be the highest than it is obviously gonna be bitcoin, doesn't matter if dollar becomes more cyrpto or doesn't matter if USA makes their own crypto currency literally backed by the government.

I mean facebook is about to drop Libra and they are literally basically backed by USA government, because they get permission from the USA branch SEC and if Libra goes down then USA will have to guarantee peoples money back if it turns out like a scam or something, of course I doubt it will because its literally facebook.

However, if he means the base pair then USDT seems to be going strong and I doubt it will change any time soon, its literally the only common thing in all of exchanges except bitcoin and ethereum.

1Referee

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Tether volumes are so crappy fake that it isn't even worth taking into consideration. It's close to impossible to cash out to actual fiat unless you go to Bitfinex and beg them to process your withdrawal request (which they aren't too keen on because they don't have much USD to begin with). People are incentivized to trade back and forth because there isn't much else it can be used for.

Paying attention to what exchanges as Coinbase and Bitstamp for example generate in USD is much more of a reflection of what's going on. The trend has been that the actual USD volumes have consistently gone down a lot, while the Tether volumes remained consistently high because of what I said above.

avikz

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Quote from: enhu on September 16, 2019, 10:48:04 AM

USDT is paired to BTC whch is why its being used and is a preferred pair for it to increase profit. You will have less chance to profit if you trade BTC/ALTCOIN and so the reason why USDT have huge volume per day. Checking dominance in coinmarketcap shows BTC has 69% that should answer the question considering the site's AI is providing correct data.

Yes, but USDT is not the answer, rather USD is the answer! Because the value of USDT is tied with USD. People use USDT for the convenience and less fees! But ultimately the value of bitcoin is derived in USD only! I personally prefer USDT as a trade pair because it is very convenient to calculate the profitability! There's no other special reason for using USDT.

Topic: Which currency will dominate the crypto market? Please vote! - page 12. (Read 2507 times)