Would you still stay on crypto world if you couldn't convert your cryptocurrency to fiat currency?

[bogdanoff 3173]

I am interested in cryptocurrencies because this will be the change of the way we use money in the future, not right now. This is why we are here, it is the internet in the 90s as people say. In 20 years from today it will be used by everyone.

[Sykkuno 2887]

I don't know why everyone is talking about cryptocurrencies like we use all of them or like they are all the same. Bitcoin when compared to every other cryptocurrency it is like comparing gold with coal. Do we say that all metals are the same? It is very different approach of investors with Bitcoin and with altcoins. Now ask the Bitcoin maxis what they will do if they can't sell their bitcoin and ask the Ethereum investors the same. The answers will be very different.

[percare 3192]

I will stay in crypto forever, no matter if I can't sell to fiat because this will happen when we will not need any fiat. Anyway you can trade anything to anything and someone will accept the trade so this quesiton is not about something that is going to happen but very philosophical, and probably not useful either as we don't need to think about this.

[Kerolos3434 56]

Well in the event that it occurs at my present area, I continue utilizing it and shopping in different nations for quite a while. at that point I blur again by trading ctypto my nation for the expense of returning home.

[Rawad933 159]

At the present time, if there is no online exchange to convert cryptocurrencies into digital currencies, then inevitably the dealings in cryptocurrencies will weaken to a very large extent because the spread of cryptocurrencies or as they say the recognition of them is not global and not widespread

[Fixfin 2569]

I really think this is a possibility as many fiat currencies are worthless lately because of years of misuse by their governments and a few other reasons. Lately the turkish currency is down a lot and it is now not worth holding it. Who from this country would want to hold the turkish lira instead of Bitcoin for the last six months.

[Syedbesharat 5423]

I have experience this I get coins from airdrop and cannot change them in to fiat. I start searching for usage then I found another platform. Who were excepting that coin. I then use it, Crypto is accepted at many platform don't prefer it over fiat. You can buy real products from Crypto. 

[Chief executive officer band 681]

I consider it each and every one depends on the time once crypto will change fiat, accordingly they be attracted to crypto. followed by if here is no area to switch crypto to PayPal and subsequently on, at that time they don't desire to invest in cryptocurrency.

[basel23 1722]

I will not work in the field of cryptocurrencies if I cannot convert them into paper money or buy my daily necessities using cryptocurrencies.
In my country, there is no store that supports payment in digital currencies, so I am forced to convert cryptocurrencies into paper money

[Goyaa 2414]

I'm not one of those people who just want to exchange crypto for fiat, I like both but if crypto can't be exchanged for fiat, I would have a hard time spending crypto because not all shops accept cryptocurrency. In fact that's the reason we trade fiat, this is a problem faced by all crypto holders.

[Crypto Master 541]

On 12/2/2019 at 12:12 PM, yifnt said:

That happens because cryptocurrency is a place to invest and to collect assets for the future. Of course I will gather lots of cryptocurrency to make future assets.

Yes you are right if we gather cryptocurrencies to it will be very helpful in coming days in sutation like covid you can still earn good amount form it .

[Sarahden111 1231]

In light of the current circumstances and the laws in it that prohibit the use of cryptocurrency as recognized currencies for payment, especially in order to meet our daily needs, many will leave the market if it is not allowed to convert it into fiat, but in countries that legalize currencies, I do not see any problem if it is not converted into fiat

[MalikAdnan 1662]

I think cryptocurrency is the best and very easy for transaction. Next future and time of new age is of crypto. Because crypto is decentralized network . Now there are many shops where you used crypto currency. 

There is no any issue for changing of crypto in the fiat. You can do it and it is very easy. Be relax and tention free.

[Kenciuu 1729]

Yes. Even you can convert it to fiat. You can still use it for online purchase or use it to invest in trading website, or buy stock market to make your money grows even you can not convert it to fiat. There are still digital wallet can do and has a lot of benefits 

[BraveHeart01 1569]

There is not only one way to convert the money and further more the cryptocurrency  is a way to send payments that means it will be used as payment  processors  and you can pay through  them without  the conversion  of fiat.

[cryptoman22 1026]

I of course would be using it to make digital payments since surely many sites would not affect and would continue with this world that I am so passionate about that cryptocurrencies are
Good luck and big winnings for everyone

[Fa19ba045 453]

On 12/2/2019 at 10:54 AM, Brushless4500KV said:

To be honest, most people who call themselves crypto lovers or crypto enthusiasts are not interested in cryptocurrencies. They invest in them or trade with them just to increase their fiat currencies by exchanging (converting) their crypto coins to their local fiat currencies. They are in fact interested in fiat currencies and tolerate the instability of cryptocurrencies to earn more fiat which is stable. They like cryptocurrencies because of fiat not because they are decentralized payment systems with lower fees. Increasing crypto coins means nothing to them until they convert their coins to fiat as soon as possible.

What do you think would happen if there was no online exchanger to convert cryptocurrencies to digital fiat currencies? (For example BTC to Paypal or ETH to Payeer).

Do you think the value of cryptocurrencies is independent of fiat?

Is collecting crypto coins without converting them to fiat means increasing investment and income?

 

 

Nicely speaking I will stay due to my interest and I know how much I'm interested in learning about the digital currency and I am happy to say this forum is giving me the opportunity. On the other hand,  everybody wants to decrease it's poverty and I can say with proud that this helpful forum is doing so even most of the students are taking advantages from this forum that's a very good thing in humanity.  By your question yes I will stay if this forum stops exchanging currencies into fiat currencies because I couldn't  find another place to learn about the advanced technology and cryptocurrency.  

[Umair976 10]

Yes i will stay with cryptocurrency  because this platform give us the money and knowledge about cryptocurrency so,  those people who wants money i think they will be left because they prefer to the only money and when money is not convert from cryptocurrency to fiat money then definitely they leave this forum. 

But the reality is that there are many online ways where we can convert our cryptocurrency to fiat money. 

I think nobody wants to leave online cryptocurrency forum. 

[VijithaVarghese 1994]

I would really stay because am in this platform due to the future potential I see in the cryptocurrency. The financial market is going to establish this as the most profitable currency kind off soon . That is the time people would understand. Good luck friends.

[Abuhassan 89]

On 12/2/2019 at 6:54 AM, Brushless4500KV said:

To be honest, most people who call themselves crypto lovers or crypto enthusiasts are not interested in cryptocurrencies. They invest in them or trade with them just to increase their fiat currencies by exchanging (converting) their crypto coins to their local fiat currencies. They are in fact interested in fiat currencies and tolerate the instability of cryptocurrencies to earn more fiat which is stable. They like cryptocurrencies because of fiat not because they are decentralized payment systems with lower fees. Increasing crypto coins means nothing to them until they convert their coins to fiat as soon as possible.

What do you think would happen if there was no online exchanger to convert cryptocurrencies to digital fiat currencies? (For example BTC to Paypal or ETH to Payeer).

Do you think the value of cryptocurrencies is independent of fiat?

Is collecting crypto coins without converting them to fiat means increasing investment and income?

 

 

You are right bros, most crypto enthusiastic out of 100%  70% are fiat lovers but I don't blame them because crypto currency is still consider as  a new system that first emerge a decade ago and it has not been fully adopted by many people so those who accumulate much exchange it for fiat because there are exchange site that buy it and it serve their purpose but in the future after it has been fully adopted not everyone will care to exchange it to Fiat currency but they can purchase an item with it every where they go.

[Guru2050 8284]

Why not!!! With the latest, fastest development and growing of crypto currency in general phase of the world big companies, whop supper markets and other popular celebrated online sites accepting crypto currency as means of payment for purchases. Even now Im currently for purchasing of stuffs online via shipping

[KHALED ADWANI 1216]

Cryptocurrencies and paper currencies cannot be separated from each other. If they are separated, one of the two currencies will have a value of zero. 

without these exchanges, we will not be able to buy and invest, and when we need that money, we will not be able to use it, this is illogical.

[minisrt_black 1112]

no of course because why waste your time in vain because the crypt takes a lot of time that I could spend in a different direction

[M.bello 1015]

Hello everyone yeah I will stay on crypto world even if am not been paid because cryptocurrency has done so much for where I could be able to pay my bills, so if they could not pay me for some of payment i gain a lot of things through cryptocurrency 

[Alimhana930 1605]

There are mainly two types of trading, trading against the dollar and trading against bitcoin There are many traders who only trade against bitcoin and they collect satoshi Their long-term strategic goal is to wait for Bitcoin to arrive at very high prices and then sell it on The opposite of traders who trade against the dollar and there is a periodic withdrawal of profits.