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What will be the future of cryptocurrencies?

  • Thread starter Thread starter Didosky
  • Start date Start date
I cannot say what will happen in other countries, but I think crypto currencies will be mad legal in my country because there is no way government can avoid this global phenomena.
 
The world of crypto is evolving each day. Many celebrities are now joining the platform my making huge investment. I'm confident it will get better but nothing is guaranteed. The government can do and undo
 
Didosky said:
What will be the future of cryptocurrencies? Will Bitcoin lose its value completely? What are the most important factors to understand the future of cryptocurrencies?
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I think that in the future cryptocurrency will continue to grow exponentially because many countries are actually starting to see the value in this financial system and how it can benefit the country in the long run and this has resulted in much of them adopting cryptocurrency.
 
Didosky said:
What will be the future of cryptocurrencies? Will Bitcoin lose its value completely? What are the most important factors to understand the future of cryptocurrencies?
Click to expand...
I don't see bitcoin loosing it's value in future because bitcoin is coming to a stage that 1 bitcoin will worth 1 million dollar. And if not every year but every two years the price of bitcoin will continue to rise.
 
More and more people and businesses are begining to start to adopt the cryptocurrency into their business dealings now adays. Soon we will see alotnof government of various countries start backing the cryptocurrency transaction in their hone countries
 
Well , in situations like this when there is nothing the government can do to stop cryptocurrency , they have no option than to seek for how to generate revenue from it.
 
Josemendez said:
What do you think can make bitcoin lose value ? Cryptocurrency has come to stay and it has been given a strong ground by the world. I doubt if it will go away anytime soon.
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Experts have predicted that Bitcoin would have exhausted all it's circulating supply of coins by 2023 then let's see if Bitcoin would loose all it's value or continue to increase.
 
Seriously with the current crisis that cryptocurrency faced all over the whole world a lot of people actually believe that is the end of cryptocurrency boards with how things are right now everything seems to be normal.
 
Didosky said:
What will be the future of cryptocurrencies? Will Bitcoin lose its value completely? What are the most important factors to understand the future of cryptocurrencies?
Click to expand...
I don't see bitcoin looses its value in future. I see bitcoin and other coin as the future. Because many people including the top business men and some countries are now adapting crypto currency
 
Ideally cryptocurrency is the future, with time major manufacturing companies will start accepting it as a currency for transaction; banks will nolonger be as relevant as it is today.
 
Grandeur said:
Experts have predicted that Bitcoin would have exhausted all it's circulating supply of coins by 2023 then let's see if Bitcoin would loose all it's value or continue to increase.
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Actually if this happens , the price of bitcoin will soar to an extent that people will not want to drop their bitcoin holdl and as such there will be tremendous rose in price.
 
I believe that cryptocurrencies are going to stick around for a very long time to come and we are going to see an increase in their prices and also many people adopting them.
 
It is already part of us because the companies and the countries that has integrated cryptocurrencies into their activities are not just any how countries so the future is bright.
 
Based on my own research about crypto currency exchange Business, j believe yh system has come to stay and it's going to where. A lot of government will soon legalise it and with that it will rally more
 
Josemendez said:
Actually if this happens , the price of bitcoin will soar to an extent that people will not want to drop their bitcoin holdl and as such there will be tremendous rose in price.
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That is a theory that I would like to believe in because I am holding Bitcoin myself lol, but on the other hand when there is no more supply to outsiders the price may reduce in value
 
Grandeur said:
That is a theory that I would like to believe in because I am holding Bitcoin myself lol, but on the other hand when there is no more supply to outsiders the price may reduce in value
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It won't reduce because it is scarce. When a commodity or an asset is scarce , the price of the asset is affected positively. It should rise instead of falling
 
I read somewhere that the crypto currency market has a worth of 2 trillion USD. If that's true, it is a huge market. I believe the market will continue to grow because there is no other assets that is appreciating just like crypto currencies.
 
The crypto markets isn't going anywhere at least not in the near future. The huge interest the world as a whole has taken in that sector would sustain it for a long time.
 
Nomad said:
I read somewhere that the crypto currency market has a worth of 2 trillion USD. If that's true, it is a huge market. I believe the market will continue to grow because there is no other assets that is appreciating just like crypto currencies.
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Yeah.... the highest market cap in crypto just hit 2 trillion usd... and some big investors are yet to trip in.... Very soon it will be bigger than the continent GDp.
 
I think crypto currency have a great future ahead ,I still see crypto market moving forward in coming years with the ways companies are supporting the use of it too
 
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