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What will be the future of cryptocurrencies?

  • Thread starter Thread starter Didosky
  • Start date Start date
I can't read the future, I will only give a clue which might not be the real thing in the future, cos the future is highly unpredictable. All I believe it's that, cryptocurrency is the future just as experts have describe when it comes to making faster transactions and protecting finance from inflation.
 
I see the future bright, people will continue to make a lot of money and the government will start legalizing crypto currencies in their countries (I am hoping that out governments actually makes crypto legal)
 
Sincerem said:
I can't read the future, I will only give a clue which might not be the real thing in the future, cos the future is highly unpredictable. All I believe it's that, cryptocurrency is the future just as experts have describe when it comes to making faster transactions and protecting finance from inflation.
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Seriously, I'm not sure if there is anyone else here who can read the future. It's more or less like trying to assume and predict based on the crypto-currency market analysis.
 
Heatman said:
Seriously, I'm not sure if there is anyone else here who can read the future. It's more or less like trying to assume and predict based on the crypto-currency market analysis.
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No one can read the future, humans aren't created with such gift. That's why predicting the cryptocurrency market is somehow hard. But through deep studies, and thorough researches we can have good time trading it.
 
Heatman said:
Yeah - it's actually what I mean in that situation because if it gets to the point where all cryptocurrencies are made to be a legal tender all over the world I believe that the challenges that it faces just like in China will not be a case.
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I get your point. But allowing cryotocurrencies as a legal tender isn't something that most countries will consider because the crypto will be in direct competition with country's traditional currency.
 
Cryptocurrency is still at the entry level stage and as such a lot remains to be seen. I believe that they are definitely going to play a major role in finance and documentation in the future.
 
I think good things are in store for crypto currency as a whole and not just Bitcoin, there may some resistance now but I believe it won't always be so and I don't see Bitcoin reducing in value
 
Trexxxy said:
I get your point. But allowing cryotocurrencies as a legal tender isn't something that most countries will consider because the crypto will be in direct competition with country's traditional currency.
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Yeah - it's actually one of the reasons why most governments of the world countries are trying to fight the use of cryptocurrency by getting their own cryptocurrency to make it legal.
 
Heatman said:
Yeah - it's one of the reasons why most governments of the world countries are trying to fight the use of cryptocurrency by getting their cryptocurrency to make it legal.
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True. The government must have some semblance of control over the cryptocurrencies in their country because what most people will do is ditch the local currency and trade with crypto.
 
Trexxxy said:
True. The government must have some semblance of control over the cryptocurrencies in their country because what most people will do is ditch the local currency and trade with crypto.
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Exactly, it's actually what was about to happen with the way the world is going with cryptocurrencies and the government saw it coming and they're putting up a fight to end it.
 
Heatman said:
Exactly, it's actually what was about to happen with the way the world is going with cryptocurrencies and the government saw it coming and they're putting up a fight to end it.
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Yeah. But to what extent, can they block the use, they have been able to reduce the use and limit the utilisation completely. Over time people will learn to use cryptos regardless of the government's position.
 
The future of crytocurrency is going to be bright as many people will embrace cryto market and use this digital medium for the purchase of good as it's global accepted. No need for an exchange of currency
 
The crypto currency seeks to replace the old method of sending money across different countries and organization.
Bitcoin may never lose it value as it is fast becoming a currency that is widely accepted
 
The crypto currency is the future of money transaction.
Many companies and individuals as well as government are beginning to adopt crypto currency and with this rate, the world may soon accept it as a good means of transaction
 
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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The future of the crytocurency trading market cannot be determine by anyone,the issue surround the market has to do with acceptability and what the market is giving to investors.
 
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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Nobody can tell what the future holds but we can predict what might happen. I believe the future of cryptocurrency is very bright, I see it gaining more grounds and milestone. It will accept by major countries of the world and value will skyrocket to the moon.
 
It may be hard for someone to predict very well what the future holds for crypto. But with the pace that it is going, it is likely that it has come to stay as it has stood the test of time.
 
One thing I can say is that you are still going to have more cryptocurrency in the nearest future. Cryptocurrency will be one of the Major payment gateway on the internet. We can still have something better than cryptocurrency in the future.
 
Crypto currency is becoming very big. The market size of crypto currency is 2 trillion, Bitcoin alone has a market capitalization of about 900 billion. Even a joke coin like dogecoin has a market cap of 35 billion.
 
No one can specically State the future of cryotocurrency. Despite the fact that Bitcoin is loosing it's value but I always believe it will fully regain one day.
 
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