Will the popularity of cryptocurrency continue? - page 6.

Viscore

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Quote from: mckinleeanael07 on July 17, 2021, 10:52:14 AM

Almost all the participants use cryptocurrency more and more and many popular places about cryptocurrency as well as some countries encourage people to use cryptocurrency. More and more people are entering the market and cryptocurrency or in other words it is the future trend.

Years passed with crypto getting more demand from the people that makes it more interesting and more popular. And i think this will continue to gain huge popularity while seeing those big institutions starting to adopt cryptocurrency.

And as crypto becomes more known to the people, its price is also making a remarkable huge increase. I guess the bigger the price of crypto, the more people will acknowledge its existence knowing people are more interested on its investment benefits rather than making use of it as a currency.

Gozie51

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There is a point that is important that is going to help cryptocurrency adoption grow more than it will be down and that is demand. People are running into bitcoin very fast than we think and anything that has such importance to be demanded will always have growth both in importance and price. With the economic terms of demand and supply, we are certainly going to have cryptocurrency increasing for the future. Buy more and hodl for the future purpose.

famososMuertos

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I do not know in particular what popular means for you in relation to crypto, an asset may or may not be popular and the reference value does not influence anything.

If you check the most expensive shares that exist, traditional is not apple (e.g.), in value per share the most expensive is Berkshire Hathaway Inc. now, in capitalization Apple is one of the best.

That tells you that the popularity is in those who look at the market, bitcoin in the beginning was known by few, let's say that it was not popular at all, and where is it today?

I think the term "popular" is not intrinsic to the success of any cryptocurrency.

Furious 7

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Quote from: adzino on July 17, 2021, 10:09:38 AM

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

When it comes to trends, it's like seasonality where when a trend occurs, the cryptocurrency market price will rise high because this is due to a rising trend from high public demand, therefore cryptocurrency will still be liked a lot even though it's not trending.

If there is or not, it depends on the enthusiast, will bitcoin demand less and less from year to year? Of course not, on the contrary, I saw in an article that explained that the demand for bitcoin is always increasing because people have started to think that fiat money can be inflationary and bitcoin only falls because it is bearish so something that can be a reference for them to choose bitcoin as a modern currency.

HashingTower

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Crypto adoption is expanding but it seems that governments don't want their own people to be financially free probably because there will be limited people working for them (government), the reason why I bring this up is because of what's presently happening in China with crypto miners, they are mad that cryptomining is creating millionaires in the country

seramania

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looks like the popular trend of crypto will be bigger and longer term. because what we know now is that the public response to crypto is currently very large, public enthusiasm for investing in crypto is very large. so this is a long future for crypto

mckinleeanael07

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Almost all the participants use cryptocurrency more and more and many popular places about cryptocurrency as well as some countries encourage people to use cryptocurrency. More and more people are entering the market and cryptocurrency or in other words it is the future trend.

Slow death

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

How long can this trend last? Will it always exist?

if memory doesn't fool me even in the US there are people who don't know about bitcoin and who never bought bitcoin, then if in a first world country like the US there are people who don't even know about bitcoin imagine how many people don't know about bitcoin in the countries third world where technology is still not accessible to everyone. Bitcoin's popularity will still grow a lot in the next few years, bitcoin is still very young in terms of adoption.

Quote from: electronicash on July 17, 2021, 10:22:30 AM

with El Salvador adoption though, i think there could be more than 1% by now.

I believe that at least 3% to 5% of the world population has had some contact with bitcoin or at least heard about bitcoin

ILuckyGuyI

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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.

electronicash

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few months ago there was a user who said that the population of crypto users is just 1% of the total population of the world.
it could be that we are just concentrating on news media that regularly posts about BTC and its adoption or not minding the news of regular people anymore because certainly if we in crypto are just 1% of the entire population, what price could BTC have if we reach 20%.

with El Salvador adoption though, i think there could be more than 1% by now.

accounting 181293

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crypto is no longer just a trend, but a part of our lives. so it will last forever. the popularity of crypto will continue to increase as the adoption rate continues to rise. no one will be able to stop it because sooner or later crypto will become a mainstream service used all over the world.

Alanaz

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I believe the popularity of cryptocurrencies will continue as long as the internet and other technologies evolve and become at the forefront of accessing digital finance. Everything is going digital and it's really hard to say cryptocurrencies will just stop there. Instead, reformers will continue to come in the digital financial system.

Considering this to be crypto as the dominant central because it already has an ideal part in the technology industry.

adzino

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

tyz

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Yes, people are already noticing that their fiat currencies are losing massive value. Inflation is rising all over the world, in some cases massively. This is also noticeable in countries like Turkey, which have an inflation of almost 20% due to their dictator and many are starting to starve. The demand for cryptocurrencies has risen sharply in recent months there. There is a similar development in other countries as well. Cryptocurrencies are a kind of insurance for the little people against a broken financial system.

Fesatmas

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Why not? precisely at times like this we must be able to determine where and as who we are from the growth of cryptocurrencies. everything is starting to pack up and you can't just sit back and watch. Take your share and be the person who has the ideal position. Because as long as you have a special place you will not be eliminated.

The part that you can take from one of the popularity of cryptocurrencies can be as a trader, investor, other crypto activist depending on the skills you have.
You know how many people don't care about crypto but they already admit that cryptocurrency is an asset of the future that looks much better.

Don't be a person who regrets knowing Bitcoin too early, because if you come and know Bitcoin in 2010. Maybe you will give a strong warning that this is a valuable moment to be part of the crypto revolution in a much more modern direction.

Lorence.xD

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Yes definitely and absolutely, in the past 10 years there's not a lot of people that knows about the cryptocurrency either out of ignorance or that of the fact that they're scared that it is a scam. Remember that there's not a lot of people that are using cryptocurrencies all over the world so I don't think that cryptocurrencies popularity will wane, in fact I will double down and say that it's just starting.

sapnu

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Considering the continuous innovation of technology in the world right now, since cryptocurrency is a digital money, it is much expected that the trend will keep on going up until the future. As long as many people are patronizing it still, its popularity will keep on increasing. There might be a lot of circumstances that the cryptocurrency might face yet the possibility of it surviving keeps on increasing each day. We should always keep an eye on what's happening in the market so we may know what will happen in the future and we can start preparing for it.

petyang12

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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.

ROSERTY

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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?

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