Will Cryptocurrencies Cease To Exist In The Future?

[Good-Person]

Well, there are many reasons why many big investors refuse to invest money in cryptocurrencies. They do not trust cryptocurrencies at all. having said that some people even claim that cryptocurrencies will crash and cease to exist in the future. However, these claims are not that reliable. So, do you think that cryptocurrencies will cease to exist in the future?

 

[Heatman]

A lot of people have said that cryptocurrency will crash for years and for decades now we are still having cryptocurrency being used in so many kinds of transaction and a lot of investment being made in the cryptocurrency sector. I don't see cryptocurrency as something that is going to fade or crash in the future.

 

[Riberet19]

If we talk about cryptocurrencies in general, I am sure that many of them will lose all their relevance and they will collapse so much that people forget that thpse cryptos exists, but I think that the biggest ones such as Bitcoin, Litecoin, Ethereum among others are far from disappearing and ceasing to be relevant, I believe that large investors do not want to invest in said cryptos because they are very conservative and there are still no clear regulations and in short they do not understand the crypto world well since it is still too complex for many people, when the regulations come and everything is simplified, there will be more investment and adoption as well as more usability.

 

[Nomad]

According to CoinMarketCap, there are 22,932 cryptocurrencies until March 2023. I believe a large number of these cryptos will die, even when they don't die, they will never become popular. However, I believe most of the popular crypto projects will continue to exist. For instance, cryptos like BTC, ETH, XRP, BNB etc. will become even stronger in the future.

 

[Heatman]

According to CoinMarketCap, there are 22,932 cryptocurrencies until March 2023. I believe a large number of these cryptos will die, even when they don't die, they will never become popular. However, I believe most of the popular crypto projects will continue to exist. For instance, cryptos like BTC, ETH, XRP, BNB etc. will become even stronger in the future.

I can equally say that a lot of the shit coins or cryptocurrency have already died out because nobody is ever going to take them seriously being that those who even invested in it have already lost their money already. This is going to make it something that will not see anybody put money into the project and that is how they are going to die off.

 

[Riberet19]

I can equally say that a lot of the shit coins or cryptocurrency have already died out because nobody is ever going to take them seriously being that those who even invested in it have already lost their money already. This is going to make it something that will not see anybody put money into the project and that is how they are going to die off.

There are already many cryptocurrencies that we can consider "dead" due to the volume of transactions they have right now and the falls in their prices of more than 99% that they have had, if we look at how these cryptocurrencies were when we were in the bullmarket, we can say that they have died.

 

[Grant]

I don't think we'll see them cease to exist, but I think what will happen is we'll see a small group of cryptocurrencies that have succeeded, like Bitcoin, Litecoin, Ethereum, etc. Ones that have staying potential. All the small, startup cryptocurrencies will die off, and we won't see many new ones spring up. I really think we're going to see no new cryptocurrencies at some point and we'll just have a small amount of different crypto you can invest in and use.

 

[Nomad]

You cannot say what the future holds for the cryptos. The coins that might appear dead at the moment might get huge traction in the future and the coins that are doing really well might fail. Namecoin is the first altcoin, yet, nobody seems to be talking about this coin. Out of all cryptos launched we will never hear about many of them.

 

[Ja Sa Bong]

Cryptocurrency (Bitcoin) was launched in 2008. It's been 15 years since cryptocurrency have been in business and the value have been to the roof and come back down but still making its way back up. I don't see cryptocurrency ceasing to exist but it's going to become more popular than ever. It may end up being accepted all over the world.

 

[Skysaint]

The truth is that no one can say for sure. There's always the chance that cryptocurrency can crash anytime soon and there's also a chance that one day it would be a universal currency as all the countries of the world will finally accept it's usage.