Will the popularity of cryptocurrency continue? - page 2.

Sithara007

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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.

Xinarae*

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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.

Sirait

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Quote from: BigBos on July 20, 2021, 06:12:50 AM

well, it will most likely be getting more and more popular. in fact, in my current country, a lot of people talk about cryptocurrencies, even if they have little knowledge of them. besides, I think, some countries have also made their currency in crypto form. I'm pretty sure that it will get bigger. moreover people like Elon Musk also think that crypto will get bigger.

in my country too, cryptocurrencies are being discussed hotly here. even among gamers, crypto gaming it's being discussed hotly. axie infinity is doing a great job of making cryptocurrencies more attractive, every year we will continue to see cryptocurrencies getting more and more popular.

zanezane

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I think that it will continue, I mean this is still a new technology and right now, we are still trying to grasp the things that we can do with it, plus there are countries out there that don't have an advance technological infrastructure so that means that even a phone is a big deal to them and when they get introduced to cryptocurrencies, it will also be new to them.

Quantum907

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Quote from: ROSERTY on July 16, 2021, 10:41:13 PM

Cryptocurrency is a popular trend in the current currency economy field, and many people are concerned about choosing the crypto market industry. The decentralization of cryptocurrency prevents it from being recognized and protected by the official government of any country. It is under the influence of the supply and demand market. At the same time, there are very many people buying and very few people selling, which will lead to rapid price increases. Then the dealer inhaled a large amount of money, causing the price to rise to a certain level and then clear it, and then retail investors will be injured. While it brings profits to investors, it also has risks.
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?

I heard the news that crypto users have reached more than 100 million people, with the number of active users certainly guaranteeing the future of crypto so that it can last for a long time.

Charot12345

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Yes of course. The popularity of cryptocurrency continue as the years goes by. Crypto is already known by many people and other country . Many people already adapted it and using it and they also influence others by sharing their knowledge about crypto and how it works. The fact that they can earn from it makes it more attractive to newbies and their eagerness to know a lot from it they can also learn what are the advantages of it..

LogitechMouse

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Its pretty obvious already.
In the last 12 years since Bitcoin and the whole cryptocurrency started, the adoption rate around the world is slowly increasing.

We might not see a significant increase of the adoption like what we are expecting but its slowly increasing and in the next decade or 2, more and more will be accepting cryptocurrencies. Well at that time, cryptos evolved at that time and we might see a significant changes on different coins like the speed or the fees etc.

Overall, the popularity of cryptocurrency will continue and in fact it is becoming mainstream already. News channels are talking about it. Some popular influencers are involving themselves into it and some are even promoting (even though some are promoting some shitcoins just for the money). More establishments are accepting it yearly. It will not stop and it will become more popular in the next years.

AniviaBtc

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Quote from: petyang12 on July 16, 2021, 11:29:40 PM

It's getting more people joined to use cryptocurrency. I am teaching a person on what you must do and must not do in cryptocurrency. So, I think that there are some people who did know about bitcoin or other crypto but didn't use it.

As there are more NFT existing in the market then people will really become more curious about how cryptocurrency works.

If you are knowledgeable in some games that will make you earn crypto then that is an example of a good promoter of crypto and blockchain technology.

Just share your knowledge so that people will also have an investment where their fate is in their own hands and in the market.

awik p

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I think the crypto trend will continue, because many people are starting to get involved in crypto. I once read an article in 2021 that there was a 2% increase in new people who were in crypto and knew about crypto. so if this trend increases, I think the crypto trend will also continue to exist and continue until there is no time limit

with yesterday's bullrun, people are interested in knowing more about cryptocurrencies. and at this time I think the bearish trend is not a crucial issue, which states that the bitcoin bubble and later a scam. many people already understand that this is only part of the market cycle

Liamttw

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Cryptocurrency is a kind of digital currency, and this trend will continue into the future and will become a part of life. Cryptocurrency has been receiving attention for a long time. Cryptocurrency has been receiving attention for a long time. Now there are more new users investing in cryptocurrency. People continue to see the potential of cryptocurrency. They are very clear that they will profit from it, and they will continue to use it, and its demand will also increase. In the future, cryptocurrency will also be chosen and welcomed by more people.

Fesatmas

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Quote from: Review Master on July 21, 2021, 09:58:12 AM

TBH, cryptocurrency is the oldest trend in economy and it's just hyped up because of another bull season as well as institutional adoption. But it's true that more adoption will be done in the upcoming days and it'll continue to gain more popularity from every institutional or retail investor s all around the world. Taking about value, every bitcoiners as well as long term hodlers know the potential of the crypto-currency space and values will be on uptrend movement. Cheesy

If it is called the oldest trend then we see this as part of a long history. But the emergence of crypto is still very new, and we need to cultivate crypto right now. Regardless of government control or not, we see so far crypto will be a difficult thing to conquer if the government continues to insist on closing the space for crypto freedom to operate more widely.

Quote from: Dragonfund on July 21, 2021, 10:51:30 AM

Do you have different nationalities?
I don't know why Elon is been taking as demi god of crypto, is it even necessary? His tweets has become nothing to bitcoin, they aren't even meaningful and impact to people any longer. The days of his reputation are gone.
Bitcoin will grow, it will go a long way and wl meet highly profile people just the same way Elon entered the market.

There are no gods in crypto, gods do no harm to his people, and Elon is a nobody. he is just a crypto activist who puts value and assets in to take us on a tour of Mars.

Kittygalore

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Quote from: Taskford on July 20, 2021, 06:25:35 AM

Quote from: Kittygalore on July 20, 2021, 05:43:34 AM

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It will became more popular since we can really see that cryptocurrencies are well notice now by mainstream media's so expect that it will reach to the knowledge of the person who really don't know anything about it and in terms of possible earning money it will create more curiosity that's why we see the number of newbies are increasing month by month or maybe we can say daily. And eventhough the market is down these days for sure many will climb up unto this since this is the perfect time to buy crypto and to begin with.

Well, it's noticed but the problem is that it's for the negatives so I don't think that we are on the right track when it comes to this kind of thing. I think that the only way we can be accepted in the mainstream is if people are always being educated when it comes to cryptocurrencies, let them know about crypto, that's the only way to cure ignorance.

Yamifoud

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Absolutely, YES.
It keeps soaring high and spread globally, and this becomes unstoppable. And as we can see that many countries are already legalizing Bitcoin, the rest will follow in the future and this helps to make Bitcoin become a legal currency that everyone could enjoy using freely, and no worries for the authorities to seize our Bitcoins.
20 years from now, maybe everyone already knows and is aware of Bitcoin, except those who have no chance to glance at it due to some reasons.

Kong Hey Pakboy

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I think it will continue, it's not like every person on this planet knows the beauty and awesomeness of cryptocurrencies, and I don't it warrants for us to worry about the popularity of cryptocurrencies, it's here to stay and it won't disappear like a bubble in the air.

macson

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Quote from: cute nmp on July 20, 2021, 05:19:53 PM

Bitcoin is becoming more popular day by day.Its popularity increase alot during the covid-19 pandemic where most people work online at that time it reach an all-time high.I know of many people in my area that bought bitcoin recently unlike before where only a few believe it even exist nor has any value ,many are into crytocurrency unlike before and it's popularity keep on increasing.

the popularity of cryptocurrencies is unstoppable, even El Salvador has inaugurated itself as the first country in the world to make Bitcoin as a legal tender. i am 100% sure that will appears a countries that will follow El Salvador's footsteps, just wait for the news.

Koro-Sensei

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It surely will. There are several projects trying to spread the word and works of crypto to normal citizens. Some projects are really targeting the general public by introducing crypto and giving solutions to real world problem using crypto. One of this project is PundiX where they have this vision of using crypto like as easy as buying water. Some are even introducing crypto to shoppers like Shrew and etc. This projects is where cryptocurrency will grow in popularity more.

Dragonfund

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Quote from: BigBos on July 20, 2021, 06:12:50 AM

well, it will most likely be getting more and more popular. in fact, in my current country, a lot of people talk about cryptocurrencies, even if they have little knowledge of them. besides, I think, some countries have also made their currency in crypto form. I'm pretty sure that it will get bigger. moreover people like Elon Musk also think that crypto will get bigger.

Do you have different nationalities?
I don't know why Elon is been taking as demi god of crypto, is it even necessary? His tweets has become nothing to bitcoin, they aren't even meaningful and impact to people any longer. The days of his reputation are gone.
Bitcoin will grow, it will go a long way and wl meet highly profile people just the same way Elon entered the market.

Review Master

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Quote from: Caldear on July 21, 2021, 12:54:12 AM

Cryptocurrency is a new trend in the current economy, and it is accepted and recognized by more and more people. The trend of cryptocurrency will continue to be popular, and it has brought benefits to many investors. New users continue to invest in cryptocurrency, and people's demand for it is increasing. Its value will gradually rise, and there will be a lot of room for appreciation in the future.

TBH, cryptocurrency is the oldest trend in economy and it's just hyped up because of another bull season as well as institutional adoption. But it's true that more adoption will be done in the upcoming days and it'll continue to gain more popularity from every institutional or retail investor s all around the world. Taking about value, every bitcoiners as well as long term hodlers know the potential of the crypto-currency space and values will be on uptrend movement. Cheesy

Fesatmas

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Quote from: AicecreaME on July 21, 2021, 08:45:35 AM

Hence, it's not really a good idea at all times that certain activities, properties, facilities, services, and source of income to be government-controlled and owned. Taxes, policies, and regulations will surely enter the picture.

I think now the government has controlled it from the start, because those who control all the properties and facilities that have self-supporting places already have an agreement on paper with the local government. then the per capita tax will be managed at around 15% per year each.
and specifically for cryptocurrencies it cannot be controlled, so if the government wants to control the crypto sector, at least they make their own crypto regulations and open the widest crypto space in the country.

AicecreaME

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Quote from: ROSERTY on July 16, 2021, 10:41:13 PM

Cryptocurrency is a popular trend in the current currency economy field, and many people are concerned about choosing the crypto market industry. The decentralization of cryptocurrency prevents it from being recognized and protected by the official government of any country. It is under the influence of the supply and demand market. At the same time, there are very many people buying and very few people selling, which will lead to rapid price increases. Then the dealer inhaled a large amount of money, causing the price to rise to a certain level and then clear it, and then retail investors will be injured. While it brings profits to investors, it also has risks.
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?

Cryptocurrency will continue to exist as long as there will be people trusting this platform. The supply and demand from the users will continue to make the cryptocurrency community alive. The needs of the people will be the source of pumps and dumps in crypto world. Surely, this will continue to exist as long as there will be patronages.

Just to clarify your statement, cryptocurrency is decentralized in nature means that the government won't be able to control nor manipulate it. The government doesn't necessarily protect something whenever they have the power over it. As a matter of fact, most of the times they have the ability to control something, they regulate it to the extent that the welfare, freedom to move, and decision making of the people are compromised. Hence, it's not really a good idea at all times that certain activities, properties, facilities, services, and source of income to be government-controlled and owned. Taxes, policies, and regulations will surely enter the picture.

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