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Jayson

The Domination of Crypto Currency

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Yes, with technology, the crypto world will improve and dominate. The whole world will be looking for cryptocurrencies and everyone will be leaning towards crypto. Crypto is slowly becoming popular and the governments of all countries are giving it dignity.

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Cryptocurrency will always dominate and this will increase as many people will get interested in it, cryptocurrency is just a good way for anyone to have money without too much of stress

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Bitcoin is the father and it has huge volume over the total market that's why the price of Bitcoin  affect the other altcoins and they are following the Bitcoin price. So we can know after Bitcoin up and down, how altcoins behave.


NOTHING I SAY IS FINANCIAL ADVICE. YOU SHOULD USE YOUR MIND ,FOR YOUR MONEY,

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5 hours ago, ritadhernandez1 said:

Hey mate, thanks for your post, we all know that next generation is cryptocurrency, so cryptocurrency dominance already start in this world and bitcoin is the backbone of the cryptocurrency dominance.

What he said and you explanation makes everything so clear now I come to understand that Bitcoin is the backbone of the cryptocurrency and general it the blockchain to which cryptocurrency exists 

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Cryptocurrency as of recent months has gain6lots of recognition from different companies, countries and the globe at large because of its fast transactions, well protected security systems and easy accessibility. So it has been of dominance and will definitely dominate fiat in few months or year to come.

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On 12/31/2019 at 12:41 PM, Jayson said:

Cryptocurrency is a digital currency for which encryption techniques are used to regulate its use and generate its release. Unlike fiat currency — like US dollars, euros and yen — cryptocurrency is not regulated or controlled by any bank, government or centralized financial authorities.

Instead, it relies on the power of the Internet to guarantee its value and confirm transactions. Users on a network verify every transaction, and those transactions then become a matter of public record. This prevents the same digital currency or coin from being spent twice by the same person.

It looks quite intriguing since it calls for a world currency and displays a coin that resembles Bitcoin way before Satoshi presented his cryptocurrency concept. The Phoenix symbol is also relevant. The fact that the Economist is owned by families like Agnelli and Rothschild sparked many conspiracy theories.

 

Since the development of cryptocurrencies and the creation of it they are showing their worth and they are proving that they can function like the real money and I think that it is great that we can earn in cryptocurrency and it is still dominating until now with the developments.

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Cryptocurrencies have developed a lot and will improve further We just have to wait patiently Not only sound education but his alertness and dedication too are most required Currently the trend of gambling is increasing from lockdown. Everyone is playing for fun.

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On 12/31/2019 at 12:41 PM, Jayson said:

Cryptocurrency is a digital currency for which encryption techniques are used to regulate its use and generate its release. Unlike fiat currency — like US dollars, euros and yen — cryptocurrency is not regulated or controlled by any bank, government or centralized financial authorities.

Instead, it relies on the power of the Internet to guarantee its value and confirm transactions. Users on a network verify every transaction, and those transactions then become a matter of public record. This prevents the same digital currency or coin from being spent twice by the same person.

It looks quite intriguing since it calls for a world currency and displays a coin that resembles Bitcoin way before Satoshi presented his cryptocurrency concept. The Phoenix symbol is also relevant. The fact that the Economist is owned by families like Agnelli and Rothschild sparked many conspiracy theories.

 

Domination of cryptocurrency in terms value is no joke since 1 BTC it's like you're owning a 1 bar of gold. But not all the nations recognize the cryptocurrency today but Bitcoin Billionaires escpecially Barry Silvert aims to fasten the world to Digital Currency. 

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Well bitcoin has been spreading rapidly in nations and it's dominance has been increasing too, people are getting to know about bitcoin and there have seen what there could benefit from working with bitcoin, and more people has started coming to crypto and has so much interest in bitcoin, so it's dominance will continue increasing.


 

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The spread of cryptocurrencies has increased since 2009 until now, and the dominance of these currencies over fiat currencies such as the dollar and the euro has increased, due to decentralization as no bank can control it and the technology that adopts it and that maintains the privacy of users cryptocurrencies

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On 12/31/2019 at 9:41 AM, Jayson said:

Unlike fiat currency — like US dollars, euros and yen — cryptocurrency is not regulated or controlled by any bank, government or centralized financial authorities.

That is the thing which make crypto currencies unique among other fiat currencies. It is not controlled by any government. But this point have also bad impact because due to this many Governments didn't accept crypto currencies. 

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I think cryptocurrencies will be the dominant currencies in society after a period of time so we must develop our knowledge in this field.

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After many years we can see that, cryptocurrency is in the whole world, as right now. But there are still some people, who don't have any knowledge about this world. But it will change. 

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The dominance of cryptocurrencies increases day by day, and this is because of the wonderful services and features that they provide, which made a large number of people from different parts of the world join this currency. I am sure that the importance and price of these currencies will increase during the coming years and this currency will have a major role in the life of every person and every country

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That's basically what makes virtual currencies the best as decentralization is a thing to have for them therefore it's dominating the world as worldwide transactions on the internet side because there is no regulation that it's going to stop it from being what it is (no man control).

 

Also it's more easy to make transactions with it and those are the main reasons why it's dominating!

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It is precisely because of their strengths that even altcoins are adopted by more and more people like the elimination of intermediaries. In transactions you must no longer depend on the banks and governments to own your own savings and also offer a good degree of anonymity and privacy I believe that soon almost everyone in the world will start to use these payment methods with the altcoins in parallel with real money one does not exclude the other they will coexist together

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On 12/31/2019 at 12:41 PM, Jayson said:

Cryptocurrency is a digital currency for which encryption techniques are used to regulate its use and generate its release. Unlike fiat currency — like US dollars, euros and yen — cryptocurrency is not regulated or controlled by any bank, government or centralized financial authorities.

Instead, it relies on the power of the Internet to guarantee its value and confirm transactions. Users on a network verify every transaction, and those transactions then become a matter of public record. This prevents the same digital currency or coin from being spent twice by the same person.

It looks quite intriguing since it calls for a world currency and displays a coin that resembles Bitcoin way before Satoshi presented his cryptocurrency concept. The Phoenix symbol is also relevant. The fact that the Economist is owned by families like Agnelli and Rothschild sparked many conspiracy theories.

 

The domination of cryptocurrency is accelerating since in present, most of countries are accepting cryptocurrencies just like US, Russia, South Korea, etc. and the evolution of the world towards to digital currency is being helped by one of Bitcoin billionaires Barry Silvert. 

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On 6/13/2020 at 6:51 PM, DreamStage said:

because there is no regulation that it's going to stop it from being what it is (no man control).

No regulations can have negative effects as well. The market is Far West and investors are not taking it seriously. Pump & Dumps and inside trading thrive in crypto markets and the top exchanges are into very shady deals. Plus token is allowed to dump their stash and withdraw to chinese bank accounts. Noone even talks about it. There is a huge system where everyone is involved that plays everything down. Of course everything is recorded and it is stupid to try and hide all of these. At some point everything blows up.

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I think cryptocurrency is a very interesting offer! Because, in fact, it offers us such a range of services, anonymity, which can not be provided by ordinary currency! Fiat. Cryptocurrency dominates it, and this is an interesting observation

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The Bitcoin miners are working on the matter. But till these problems are resolved, you'll expect the worth to be extraordinarily volatile.Unlike a credit card charge, Bitcoin transactions aren't reversible. Therefore if you send Bitcoin to the incorrect address - you cannot get it back.Conjointly, there are many tales from folks who have lost their Bitcoin wallet address (through hacking, phones being stolen, virus-infected computers, etc.) and they've utterly lost their coins. There's no way to urge them back...

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The domination Cryptocurrency is depending on how many people are approaching it, the Cryptocurrency has a good potential even of it volatility there's impact on its users because they can earn a good profit from it. The more people become computer literate, the more crypto can be dominated because the foundation of it is technology.

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True , that crypto currency is best. And it will rule the world in future. But for that to be happened something revolution have to come. Because presently most of the government not support crypto for the fact that it is not centralized. Mass adoption of crypto is required for the crypto world to remove fiat. 

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It is this thing that earns Bitcoin, one of the most important features that it has at the present time, to which many and many companies and large bodies resort to managing their money out of sight.

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14 hours ago, Tine0313 said:

The domination Cryptocurrency is depending on how many people are approaching it

Well yes, even though the price of it is just depending to the demand of people who are investing or buying some cryptocurrency coins, if this cryptocurrency is now accepted by many countries, the price of it will become dominant by having a lot of users all over the world.

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No doubt, whosoever has good understandings of Crypto world would admit harmoniously that Crypto currencies in nearest future would dominate fiat currency, because of it possesses interesting, most essential and exceptional features compared to fiat currency. 

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