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Thekingcallme

Do you think it will come on and each company opens its own coin?

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For me, if ever that thing happens, it is still not enough for them to cope with the crypto-markets. Yes, they will be able to join in but it will take them a long run for them to be able to fit in with the system. They should probably share their stocks with the current coins so that it will be easy for them to fit in.

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I think theres a possibility that this will happen, because some other industries already accept bitcoin as a payment method. theres a chance that they will also create their own coins.

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What must be done is to make strict rules for new projects, many projects are born and they are the same but just different names. But there has been no further development for this, I am disappointed.

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Yes it is possible because now this time facebook will going to launched his coins Libra or openlibra and also like facebook telegram will launched the coin which is Gram and both companies are good and now they enter in the crypto market. Like this more companies will soon launched their coin and peoples will use them.


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that would make alot of crypto available which are unwanted. the level of shtcoin would be enormous than it is now. I hope such thing will never happen for the sake of crypto.

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On 10/22/2019 at 9:46 AM, Thekingcallme said:

Do you think it will come on and each company opens its own coin

I don't think so because it would be a real mess and make you have to have thousands of currencies
In my view, one common currency must be chosen between them

Biggest companies will create their own coin for sure, only if it's profitable. Small ones won't, because they need to invest on a development team to create the coin, change their way to make business just to fit with the coin. No one wants to complicate their lives, the most simplest way is to have a fiat.

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I don't think so... cryptocurrencies open many opportunities, but I don't think it will be profitable for every company... some tokens will become assets, some others will be used as money, but there is no point in having millions of trading possibilities...

I see it more like communities having their own coins

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I don't think it will happen. Because of the example of the situation now. A lot of coin are not being used. It will be just a trash if your coin won't be used. That is why they don't make their own coin they will just loose some of their capital. And a lot of them don't really interested in making or creating their own coin. 

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Много проблем возникает, когда у компании есть своя монета. Со стороны компании их экономическое положение может быть восстановлено. Однако, если у каждой компании есть своя монета, бизнес-биржей будет сложно управлять. Это зависит от генерального директора компании.
 

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On 10/22/2019 at 2:46 PM, Thekingcallme said:

Do you think it will come on and each company opens its own coin

I don't think so because it would be a real mess and make you have to have thousands of currencies
In my view, one common currency must be chosen between them

Yeah brother good question, in my opinion there a big chance that more than 70% of big company in the world start to think about making their blockchain, in fact, and as we can see a lot of start to use a CryptoCurrency with the name of company like Puma ( in bittrex ) and more, so it's not a new thing.
But in the otherside, if this happend and all company use their own coin, there will be a big mess around the world, and maybe the fall of crypto also can happend because of this.

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I think it is 100% possible to happen. Time past by and everything is evolving so eventually they will go for higher technology like cryptocurrency. 

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With Facebook issuing libra it's possible if that some big companies just call it MCD and KFC that issue their own cryptocurrency to be used as a payment tool at their outlets but it will certainly take a long time and most likely it will only use or implement possible cryptocurrency there will be later.

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3 hours ago, yupi84goro said:

I agree with you on this matter, indeed with the current condition with the number of coins contained in exchanges has no clear use. Make the company think twice about making their own coins, if not be calculated well that there will only waste capital in vain.

Yes  and even if bitcoin have a high value. Other coin still can't have a lot of value. Maybe other companies can just use bitcoin instead or other existing coins. And with that, it will help the bitcoin or other existing coins to add it's value. 

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On 10/22/2019 at 6:46 PM, Thekingcallme said:

Do you think it will come on and each company opens its own coin

I don't think so because it would be a real mess and make you have to have thousands of currencies
In my view, one common currency must be chosen between them

I think brand companies would go for crypto currency and make their stable coin and would deal in it to make their strong hold in market.They can easily dominate small brands easily and can move globally as i think.But  you got the point it would become mess and many currencies which creat instability.

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I don't want that all company create their own token but I like for all the reputed international company to create their own coin. if they do it then the crypto market will be very much rich with high profile company.

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I think this will not happen because there are alot of companies who already adapt bitcoin and when other companies who feel the digital coin importance i think they will also accept bitcoin.


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Why should every company introduce a new coin? Is it profitable for them? I don't think so. If every company create a coin for itself, cryptocurrency market will be flooded with so many unknown coins which most of them will more likely to be useless and have a short life span. Another negative effect is that the company that produces the coin will act like a third party and this is in contrast with the concept of decentralization of cryptocurrency. It will also ruin the exclusivity of well-known crypto coins and everyone will get confused about which coin to choose. Even now we have lots of useless coins that need to be removed from the market.

I think bitcoin, ethereum, litecoin, dogecoin and some other altcoins are good enough to satisfy people's needs.

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On 22.10.2019 at 17:46, Thekingcallme said:

Do you think it will come on and each company opens its own coin

I don't think so because it would be a real mess and make you have to have thousands of currencies
In my view, one common currency must be chosen between them

It just doesn't make sense. The cryptocurrency boom will soon pass and only successful coins will remain on the market. And companies that produce their goods and there is demand for it they do not need to produce crypto coins

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I don't think so. Why should each company open its own coin? We don't need that. May be some big organisation like Facebook will open coins like libra. I don't even know if we need libra or not.

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That's possible, but I think the company prefers to implement cryptocurrency and its blockchain because of course making a new cryptocurrency needs more R&D so in my view like that, after libra was launched, maybe a large company would implement it rather than create its own cryptocurrency.

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Yes soon it will come because in this time so many peoples will don,t know about crypto and they don,t know that how to make a coins in crypto market. But the Brands must to make their own coin because they make more good money in it and they also make deals their products through their coins.


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On 11/23/2019 at 1:47 AM, Syedbesharat said:

I think brand companies would go for crypto currency and make their stable coin and would deal in it to make their strong hold in market.They can easily dominate small brands easily and can move globally as i think.But  you got the point it would become mess and many currencies which creat instability.

I think your idea is good and it will really happen soon. It is best for them to create a stable coin than another crypto coin that will only loose it's value. And with that they can be more productive. And the consumers will patronize it because of their brands. I think some one or an investor will adopt your idea.

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