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kizz

what happen if everyone knows crypto?

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Actually mere maximum people know about Crypto currency especially Bitcoin, because now it is a hot cake of the world,  but when everyone will know it and try to collect it then price will touch the sky.

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I think that if everyone knows about crypto and if everyone decides to get involved with crypto, then there is likely to be a major increase in the demand for crypto, which could in turn drastically increase the price of cryptocurrency. As we all know the price of any crypto is largely dependent on the law of supply and demand, and therefore the more popular a crypto becomes, the more likely the price is to increase.

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In my opinion, I will miss the most advantageous feature that I love, which is the distinction in the society in which I live and who does not know much about coding. In addition, the cryptocurrencies will decrease in their prices and it may be, as usual, poor countries and poor countries may increase poverty due to not taking adequate measures to manage decentralized currencies.


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Well for me I think if everyone knows about crypto and accept it , there would actually be a pump in the price of cryptocurrencies because , the demand for cryptocurrencies will be at a high rate because more users joined the market and there would actually be over population in the world of crypto.


 

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Cryptocurrency has its own world and so is the blockchain technology that attracts companies and more of them day after day due to the advantages it offers and the costs that reduce it. 

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If everyone knows about crypto  than many positive things can be happen like as many people will know about crypto their involvement will be also here and this will help to rise the price of bitcoin        

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It is very difficult for this to happen because many countries prohibit coding, but if this happens, the coding market will become very high due to the increasing demand for currencies and there will not be enough sums for all of the world's population.


 

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On 4/3/2020 at 8:04 AM, Mcd0d0 said:

We this is good mate but there is a possible to decreased its price because many people will now abused bitcoin just to get extra money, i hope that this will be remain the same if bitcoin will now adopted by all people.

You have a good point. This also can be happen. But we should hold bitcoin. The more we hold it the more it will give us back. We should follow that rule.

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On 11/24/2019 at 1:13 PM, kizz said:

what possible things will gonna happen if we all know crypto?

This is quite interesting because if everyone will know about crypto currency. We will get to see a lot more demand and supply of the crypto currency. In future this will happen for sure 

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if everyone in the world knew about crypto and had the technical knowledge to use it, it would certainly become the only payment method used by everyone...


 

 

 

 
 
 

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We all know cryptography in this forum and nothing happened. Knowledge is a good thing. Whoever knows about cryptography and trading in cryptocurrency will have this in his interest and future in the internet.

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There are both positive side and negative side. If everyone knows Crypto. First of all if everyone knows Crypto then there will be huge competition in the market. Competition can be both Healthy or unhealthy

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I think that more people will know the cryptocurrency more people will use cryptocurrency. It is very important to create demand in cryptocurrency that price of cryptocurrency will grow. That is why it is so important that cryptocurrency will be useful.

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That will be a very big success and a great evaluation on economy of the cryptocurrency because day by day and see you making its roots more stronger in the people's this is due to the benefits they are given to the people mini stages are there they are going to to give benefits from there also they are trying their best to make cryptocurrency more familiar with the people's if you see in this campaign we are getting bitcoins for the work and the continents we are giving it is related to the cryptocurrency this things will make us more knowledgeable about tha cryptocurrency also the organisation is growing.

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1 minute ago, Teena 52 said:

It is very good thing when every people knows about cryptocurrencies and start investing on this cryptocurrency help many people to get income every coin will trade in high volume that's why we have to aware people about cryptocurrencies it is our duty as a trader that we have to promote crypto world and learn people about cryptocurrencies

We want that but we would want to invest a lot of money first before that happens, when everybody knows  crypto, it would be no much profit generated from crypto.

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On 11/24/2019 at 3:43 PM, kizz said:

what possible things will gonna happen if we all know crypto?

I dont know because cryptocurrency is a new for the ears of everyone. I think that people will do everything when it comes to having a better life so they will all try to invest in things like cryptocurrencies to try to invest. 

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Total population of the world's is more then seven billions it means huge difference between bitcoin supply and total world population. And now only 10% peoples knows about crypto currency market and bitcoin price is more then 7000$ and now its price reached to millions of USD if all population know to crypto market. 

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In fact, that would be great. It is a step for development. Everyone will have e-wallets and can deal through it. I think that this will help to reduce a lot of time and effort and help.

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13 hours ago, Shinobi said:

First of all it was not possible that everyone will know about cryptocurriences because world is too big well we would say most of the people will know about crypto and they will use a crypto also in a future

Eventually everyone will, and the most eventually result is that in the end everyone would use crypto because it will be the only money there is.

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On 4/15/2020 at 7:05 PM, AL SHAIMON said:

You have a good point. This also can be happen. But we should hold bitcoin. The more we hold it the more it will give us back. We should follow that rule.

Well, this is one of a good idea that we can do as of now mate because we are facing the dumping of price of bitcoin by reaching the $7000 mark which is good for us by recovered little by little.

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i think thank if many people know about crypto currency world so many people will leave their companies ! to make this world as a full job because maybe it's much profitable than his work

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There are many  countries  in the world  who's  population  has still have  no awareness  about  crypto  . If I'm future  every one know about crypto.  The use  and also rates of crypto  will increase  more. 

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Almost everyone knows a little about crypto, at least a definite idea, but they behave in an idle manner. I think that the life in which we live will change, and I cannot tell which one is good or bad. There are many possibilities on the subject that technology will rapidly evolve that will facilitate the ways we were relying on, I mean the issues that we needed.


Учитесь, учитесь и учитесь на своих ошибках :classic_smile:

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I think that then governments and banks will start considering the possibility of creating their own cryptocurrencies that can be used within the country and perhaps the price of cryptocurrencies will increase.


 

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I do not think that will happen soon, because there are people who know nothing about the world of cryptography and digital currencies, and if that happens and everyone knows about cryptography then dealing with cryptocurrencies will become legal and the price of the currency will rise

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