Will the popularity of cryptocurrency continue?

Pejoh Asu

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Quote from: Tahsin Kabir Kollol on July 31, 2021, 02:45:39 AM

It is only natural that the popularity of cryptocurrency will increase day by day. At present cryptocurrency has become a popular medium for investing in the common man. Moreover, one of the main reasons for the popularity of cryptocurrency is that its value is increasing day by day and investing in it is very profitable. Cryptocurrency is gaining popularity as a result of people's interest in investing in and investing in it.
So it is expected that cryptocurrency will increase in popularity.

Most people are interested in crypto because the media is reporting bad things, this is actually a free and effective campaign for crypto so that the number of users continues to increase, especially since many people have felt the benefits and profits of crypto. and now many crypto sponsors in many events such as premiere league, UFC and many more.

Mauser

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Quote from: Tahsin Kabir Kollol on July 31, 2021, 02:45:39 AM

It is only natural that the popularity of cryptocurrency will increase day by day. At present cryptocurrency has become a popular medium for investing in the common man. Moreover, one of the main reasons for the popularity of cryptocurrency is that its value is increasing day by day and investing in it is very profitable. Cryptocurrency is gaining popularity as a result of people's interest in investing in and investing in it.
So it is expected that cryptocurrency will increase in popularity.

I agree with you, cryptos reached a new level of popularity this year and will likely continue in the next years. Many people heard for the first time of cryptos now. If you ask a random people on the streets if he has heard of bitcoins he will very likely say yes. And the higher the crypto prices go the higher will the popularity be.

Tahsin Kabir Kollol

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It is only natural that the popularity of cryptocurrency will increase day by day. At present cryptocurrency has become a popular medium for investing in the common man. Moreover, one of the main reasons for the popularity of cryptocurrency is that its value is increasing day by day and investing in it is very profitable. Cryptocurrency is gaining popularity as a result of people's interest in investing in and investing in it.
So it is expected that cryptocurrency will increase in popularity.

Tina H

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I think cryptocurrency will continue to exist, and cryptocurrency will not disappear, although government regulation and concerns have largely restricted cryptocurrency.
Cryptocurrency is a typical side of the blockchain field. Many years ago, Bitcoin had special value and was sought after by the market. No matter how many people questioned Bitcoin, the market value of Bitcoin proved to be sufficient to be recognized in the end.
Encrypted currency is easy to carry and trade, and it has the characteristics of resisting various risks. The demand in the future market will definitely be great. Nowadays, digital currency is already a trend in the world.

Roy Asher

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Seriously, the cryptocurrency boom will continue, because although cryptocurrencies are different from fiat currencies, people all over the world rely on the cryptocurrency field.
It has been suppressed and supervised by some governments. After experiencing the black swan incident, Bitcoin went up against the wind, the king returned, and then paralleled with the legal currencies of various countries, and gradually became the settlement layer of international cross-border payments. The story of Bitcoin slowly began.

nicecrypto

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Quote from: TheMimic1 on July 30, 2021, 09:21:35 AM

It should and I don't see any reason why not, CBDC can make some countries to put ban on crypto, this is what I'm expecting next but later they will realize that without crypto even CBDC doesn't make any sense lol, as you can see Amazon is on its way to start accepting crypto currency, that's a good start

I believe this Amazon issue has been clarified by Amazon itself that the initial news about Amazon accepting Bitcoin is not true even though they might be working on their own cryptocurrency. However, I don't see any reason why cryptocurrencies will not continue to be popular. This is a new tech and for the fact that it is a money-spinner, Investors will continue to invest in it for a long time.

TheMimic1

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It should and I don't see any reason why not, CBDC can make some countries to put ban on crypto, this is what I'm expecting next but later they will realize that without crypto even CBDC doesn't make any sense lol, as you can see Amazon is on its way to start accepting crypto currency, that's a good start

Republikcoin.com

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Quote from: ReiMomo on July 29, 2021, 03:00:12 PM

Should we still need more incidents to proof it. Yes, have been here since last 5 years and have seen BTC growing from $300. I literally have experienced people questioning and clearing doubts on what is bitcoin and what is crypto currency. The media really supports to take bitcoin and other crypto currencies to next level among people. Yes, many started accepting crypto currency payments and yes crypto currency is foreseen to be challenging fiats which is already seen. Especially fiat traders like traders in stock market, recently reacted since 40 percent of investors, have moved towards crypto. What else to proof.

Since it is impossible to become the main currency of exchange in the world, mainstream Bitcoin may only be a currency that is applicable to small-scale users. Even so, this already represents what the Whitepaper wants, which is to be a currency that does not have a centralized party. All transactions occur peer to peer and are recorded in a ledger called Blockchain.
This means that bitcoin has managed to prove that this is a recognized currency and can be used to buy a car or a set of gaming computers.
No need for further evidence, because nowadays people who understand the internet, of course they know Bitcoin.

Golftech

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Quote from: Hughes_Ryan on July 29, 2021, 12:49:44 PM

society is more and more progressive, electronic money is more and more applied and used in many different fields, many people, many countries see the potential of cryptocurrencies, so the popularity of cryptocurrencies It will increase even more in the near future

With the popularity of digital money plus the investment side of this system, more and more people are being

attached to this industry, we see more progpress and wide scope of people who are now engaged with crypto.

Here in my place, people start to learn crypto because of new NFT game they are now into crypto because the

game lead them and simply they understand the value of crypto.

KaliLinux

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Quote from: Sithara007 on July 24, 2021, 12:07:08 AM

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If governments of all countries accept cryptocurrency in their economic systems, transaction and banking systems then I surely that bitcoin and others cryptocurrencies will be ever lasting popular.

LOL.. this is funny. Why should the governments do that, when they have their own national currencies? For Bitcoin to retain it's popularity, none of this is needed. Right now we have more than 100 million active users and it was achieved without any sort of support from the governments. Even the move from El Salvador came after Bitcoin was able to increase its user base beyond the 100 million mark. What I am saying is that support from the governments would be good, but in no way it is necessary to retain the userbase and acceptability.

I totally agree with you but to me IMHO, if the government gets involved in cryptocurrency, I don't believe it will be that good because as you mentioned, which country does not have their own currency? and do we really think that the Government will be involved in crypto and all regulations will not be put into controlling it? the reason cryptocurrencies are still and becoming even more popular now is because of the profit margin from investments and its decentralized nature. I seriously doubt if that will still be the case with the Governments being involved.

ReiMomo

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Should we still need more incidents to proof it. Yes, have been here since last 5 years and have seen BTC growing from $300. I literally have experienced people questioning and clearing doubts on what is bitcoin and what is crypto currency. The media really supports to take bitcoin and other crypto currencies to next level among people. Yes, many started accepting crypto currency payments and yes crypto currency is foreseen to be challenging fiats which is already seen. Especially fiat traders like traders in stock market, recently reacted since 40 percent of investors, have moved towards crypto. What else to proof.

Vaskiy

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Popularity of cryptocurrencies won't decline. Compared to the early days now people have got more awareness about cryptocurrencies and people are much used to it. Even in countries where bitcoin is stated illegal is now supported by the government. In my country recently saw an advertising for a program on a local channel. It was a series of episodes about cryptocurrencies done with collaboration with zebpay. So, more such events are helping to gain more popularity.

Hughes_Ryan

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society is more and more progressive, electronic money is more and more applied and used in many different fields, many people, many countries see the potential of cryptocurrencies, so the popularity of cryptocurrencies It will increase even more in the near future

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Quote from: Cherylstar86 on July 24, 2021, 01:22:48 AM

Bitcoin was the first cryptocurrency that became the most popular since 2012. It becomes more popular because of all the people or users believe in it and it was really great especially on how they handle the rise and falling of the market price. Cryptocurrency will surely continue its popularity since there where lot of fake issues concerning those currencies which gives them the chance to let people see how can they do and what strategies they do let people believe in those coins. Just like bitcoin and ethereum, they are already proven. Even Government not legalized cryptocurrencies but it will remain its popularity.

Bitcoin will definitely keep on being like that but do not get mistaken about all the other coins, they are looking mighty well too, even some governments are making sure that starting your own currency is not a problem, how?

If they are actually allowing bitcoin to be known and accepted and loved, then how could they stop you from making your own cryptocurrnecy? Of course there are rules about it, like how you can't just control it, you could make it, give yourself a bit, then you could end up not doing anything about it, just release it and let it be, let the community control it. That way you are getting richer off the work from the community, but you are not controlling it yourself which means that we are not going to end up seeing anything that is shady or illegal neither. This is why altcoins are going to be growing bigger and bigger as well.

Wong Gendheng

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Quote from: ILuckyGuyI on July 17, 2021, 11:41:49 AM

It's a good question to ask. And we never know the correct answer. For now, cryptocurrencies are highly preferred as a great alternative to fiat. People love to invest into it, use it as a payment option where it's possible. Even if the governments make their own digital currencies and stop using fiat completely, I think that cryptocurrencies will still be preferred.

True, no one knows the future of cryptocurrencies, what is happening bitcoin or ethereum now is certainly unthinkable 10 years ago, we only hope to get big profits as long as bitcoin exists, because many have become new rich people from crypto.

Tumanggor

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Quote from: guydin on July 25, 2021, 09:22:05 AM

No one can answer your question for sure, but in my point of view cryptocurrencies will not quit from our lives any more. There will be hypes in different spheres, for example, in spring the most trendy thing was yield farming and meme coins, and now hype is around NFT, so we just should follow trends. As long as people earn on crypto, as long as they believe in it and use it, it will exist.

NFT plays a great role in attracting more people to understand cryptocurrencies
gamers on social media are hotly talking about games that can make money and that makes a lot of high bull nft games in a short time

the trend of cryptocurrencies will never stop, from day to day we will continue to see more and more people enter
the government can't do anything

Argoo

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Quote from: adzino on July 17, 2021, 11:09:38 AM

Quote from: ROSERTY on July 16, 2021, 11:41:13 PM

-snip-
Recently, the popularity of multiple cryptocurrency markets has continued to increase, and many traditional investment users have also begun to pay attention to the cryptocurrency market. How long can this trend last? Will it always exist?

If you look back, you will notice that the popularity of bitcoin increases with the price. As soon as the value of cryptocurrencies starts to reach a new all time high, we attract more people. People become curious about cryptocurrencies since they start reading about ti everywhere. And yes, this trend will last for a very long time. Crypto currencies are here to stay for now, but we don't know if it will exist forever or not.

It is rightly noted here: the popularity of cryptocurrencies, and above all bitcoins, is growing simultaneously with their price. As soon as the top cryptocurrency grows in price, information about this spreads quickly, people are interested in their possible profit and they start buying the cryptocurrency that is already growing in price, often almost at the peak of its price. This is not entirely good, as many people then lose their investments.
Overall, however, cryptocurrency will grow in popularity as everyone has an equal opportunity to join and make money in this market, especially with temporary job losses and free time.

guydin

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No one can answer your question for sure, but in my point of view cryptocurrencies will not quit from our lives any more. There will be hypes in different spheres, for example, in spring the most trendy thing was yield farming and meme coins, and now hype is around NFT, so we just should follow trends. As long as people earn on crypto, as long as they believe in it and use it, it will exist.

Cherylstar86

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Quote from: Xinarae* on July 24, 2021, 12:02:54 AM

Bitcoin is one of the most popular cryptocurrencies to date if the governments of all countries legalize bitcoin its popularity will continue to grow as time goes on bitcoin transactions are protected by a server called bitcoin miner. When bitcoin is transacted between to a peer-to-peer communication system, its central server updates the user's laser virtual currency bitcoin can be purchased online. However in other monetary systems such as the country's government and the central bank bitcoin is not involved.

Indeed. Bitcoin was the first cryptocurrency that became the most popular since 2012. It becomes more popular because of all the people or users believe in it and it was really great especially on how they handle the rise and falling of the market price. Cryptocurrency will surely continue its popularity since there where lot of fake issues concerning those currencies which gives them the chance to let people see how can they do and what strategies they do let people believe in those coins. Just like bitcoin and ethereum, they are already proven. Even Government not legalized cryptocurrencies but it will remain its popularity.

Clavulanic

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Quote from: Xinarae* on July 24, 2021, 12:02:54 AM

Bitcoin is one of the most popular cryptocurrencies to date if the governments of all countries legalize bitcoin its popularity will continue to grow as time goes on bitcoin transactions are protected by a server called bitcoin miner. When bitcoin is transacted between to a peer-to-peer communication system, its central server updates the user's laser virtual currency bitcoin can be purchased online. However in other monetary systems such as the country's government and the central bank bitcoin is not involved.

Crypto currency popularity like bitcoin and ethereum is has proven climbing up by the way we look at its value, even the goverment does not legalize bitcoin it will not affect its popularity or i think if there is an intervention from goverment it will degrade crypto currency for its decentralized system will be affected. Our world are drastically changing adapting to almost fully digitalized all transaction and crypto currency plays a vital role of this development.

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