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Muneeb

Crypto Is Good Or Not For Future?

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Что за общение? Почему если я задаю вопросы мне не отвечают, а когда между собой, то можно? Отвечайте всем , кто к вам обращается. Не нужно строить из себя чистых англоязычных. Если не можешь ответить, то не участвуй в интернациональной беседе!

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Nowadays the crypto currencies are used by the companies every time but to make their transactions of one more a safe and fast way, while that happens the natural people also opt for you use the crypto currencies to pay, that is to say that it goes in ascent, in constant growth by both parts, so I doubt very much that it is stick for the future since it facilitates to us, to have the control of our own assets 

 

Edited by luismar77

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cryptocurrency allows people to have their own payment method and be their own bank. but the main challenges lie in their technical and legal issues. deciding whether cryptocurrencies will replace cash depends solely on user acceptance. but when this happens in our lives and encompasses it, we will see that cryptocurrencies will make the world different for us. i surely think cryptocurrencies are the future without a doubt.

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I figure cryptographic forms of money can't be halted in any capacity. They will live and create until they totally supplant the significant monetary standards of the entire world. You can even fantasize about some sort of cyberbank, where there is no paper cash.

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I believe that in 2 years the number of investors in cryptocurrencies will increase even more, the volume keeps growing with each passing year

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To begin One of the reasons why the cryptocurrency originated was due to the need to make purchases on the internet, thus obtaining comfort, low cost, speed and avoiding duplication of the same, in addition to being resistant to attacks, which is why been good and advantageous in our day to day and will continue to be in the future since it is the best way to do business anywhere in the world.

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Yes, it is because crypto is far more secure  than fiat, bitcoin have never been hacked, and i think in the future a lot of pays will be made with crypto because of it being so secure. 

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Are we still doubting the power of crypto to function as a future currency? Well we shouldn't because crypto works like your email. It's borderless, never sleep and any amount can be sent anywhere in the world over the internet 24/7/365. There has never been a commodity in history of the world that has been this portable.
Crypto is not just a store of value but can also function as a payment system. You wondering how? Well there are 7 basic points that make a payment method and they are;
i.) Durability
ii.) Portability
iii.) Fungibility
iv.) Verifiability
v.) Divisibility
vi.) Scarcity, and
vii.) Acceptability.
The only area crypto is lacking is "Acceptability" Which is not the fault of crypto and this can be changed at any time by us as a "Society". How?? Covid-19 has been a major catalyst to crypto's adoption over the world as people are realising its power to function well in E-commerce. We can also play a part by encouraging Merchants, firms, companies to start integrating crypto payment gateways into their platform.

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I think cryptocurrencies are here to stay. They are already part of the actions of large companies and companies that have seen in their use a wide advantage to avoid possible sanctions or obstacles in business. I honestly think it is here to stay. L

ong live cryptocurrencies! 🙏🙏🙏

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Blockchain techinlogy is the best way for transfer money. We can send crypto to any point in the world. And we can send money anonimous. Its better then use banks. That is why crypto is good for future.

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I am of the idea that cryptocurrencies are the future of electronic money and finances since their values continue to rise but it has a negative point and it would be that they will let them produce and their price of nonsense is making their purchase impossible but their profit rises.

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The crypto is good and it will only develop, now the very development of the entire cryptoindustry begins and will last for a very long time

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yes, it is because crypto is far more secure  than fiat, bitcoin have never been hacked, and i think in the future a lot of pays will be made with crypto. 

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Even if we consider the cryptos like "good" or "bad"(tbh probably all of us consider them good 'cuz we're talking in a forum named CRYPTOtalk) for the future, there's a certain fact to think about; The cryptocurrencies will be in the future and they'll be even more bigger, more important and more versatile than now, every day the number of people who are interested in this digital area continues growing up and that involves even some governments of many countries. So more than debating whether they are "good" or "Bad" for the future, we've to assume that cryptos ARE the future and start to think about in which good or bad subarea of the this we want to deposit our trust (and money, of course). :)

Edited by TheRealCryptoDex
Accuracy

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yes! I explain why. I believe that cryptocurrencies is one of the best investments that can be made for future vision, the comfort and innovation of this currency is excellent for young companies and entrepreneurs.

 

Also in this age of the internet it is essential to have a virtual currency

 

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On 13/10/2019 at 23:44, Muneeb said:

Las criptomonedas son el gran negocio del mundo y en el futuro todo el mundo usó las criptomonedas, pero en 2 años, ¿cuál es el futuro del negocio de las criptomonedas? ¿Cuál es tu opinión sobre las criptomonedas?

cryptos is the best that has been invented so far, hopefully within 2 years they can be used a little more freely in stores and restaurants. even to make payments, it would be perfect.

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They are very good, especially at this time to avoid contagion and because they are digital they have more security, in the future it is most likely that they will become more known and the prices of BTC or ETH will rise and will cause a better effect on the market, they are the future, rest assured

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Day by day the topic and area of cryptocurrencies takes on a volatile boom and is quite interesting because it is growing.

 

The crypto era is coming by leaps and bounds and forward-thinking. The fact of being able to totally manipulate our capital in a digital way and be able to take advantage of it, perhaps multiplying it generates interest in more and more people.

 

An advice? Invest in cryptocurrencies and in a couple of years, you will see that you made a good investment.

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Crypto is the revolution of the financial system, it brings many great things and ideas in front of the people. And crypto is committed to provide a better security while transaction. Personally i didn't find any harmful and negative opinions over the crypto.  

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I think that with the changes that are being generated in the world,
as a result of the global pandemic, and the economic crisis, cryptocurrencies
will surely be the change in the near future and in my opinion they will dominate
global finance, since the world is already in good shape part immersed in transactions
via internet.

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Cryptocurrency is great for the future and has great potential in the future. And I hope, there will be a lot of income and people can earn a lot of money.

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A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership.[1][2] It typically does not exist in physical form (like paper money) and is typically not issued by a central authority. Cryptocurrencies typically use decentralized control as opposed to centralized digital currency and central banking systems.[3] When a cryptocurrency is minted or created prior to issuance or issued by a single issuer, it is generally considered centralized. When implemented with decentralized control, each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database.[4]

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Cryptocurrencies will continue to exist in the future and if they are good in the future, the coins will be worth more than they are worth now because many more people will enter this world of cryptocurrencies

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    • CryptoNews of the Week     – On 20-21 May, bitcoin surged sharply for the first time since 9 April, approaching $72,000. This rally was triggered by data showing a sharp increase in investments in BTC-ETFs, reaching a nine-week high. According to CoinShares, investments in crypto funds rose by $932 million last week, following an inflow of $130 million the previous week, marking the highest level in nine weeks. Additionally, Grayscale's ETF saw its first-ever inflow of $18 million. Analysts believe this surge in digital asset investments was a response to the May Consumer Price Index (CPI) report in the United States.   – After bitcoin rose above $71,000, its price hit new all-time highs in the local currencies of several Asian and South American countries. According to CoinMarketCap, BTC reached a record level of 11.2 million yen at the start of trading on 21 May in Japan, marking the first time the flagship asset's value exceeded 11 million yen. Bitcoin also hit a peak in Argentina, reaching 63.8 million Argentine pesos, slightly above the 14 March high. In the Philippines, bitcoin briefly climbed to 4.18 million pesos, the highest level since mid-March 2024. BTC prices in several other countries, including the UK, Australia, Canada, Chile, Colombia, Egypt, Israel, Norway, India, South Korea, Taiwan, and Turkey, also matched or were very close to their mid-March peak prices.   – Santiment noted that bitcoin had not shown positive dynamics due to small traders selling off. According to The Block Research, the rate of new BTC wallet openings fell to a six-year low post-halving, reflecting a general decline in enthusiasm after the failed April Bull Rally. However, whales started actively buying BTC from small players, driving the growth at the beginning of the current week.   – Kyle Schneps, Foundry's director, believes that the introduction of a 30% tax on the electricity used by BTC miners could collapse the industry in the US. Darin Feinstein, founder of Core Scientific, shares a similar view. He believes the proposed energy tax legislation by the current White House administration could significantly damage the US economy. Schneps predicts mining companies will seek new regions to continue their operations, with the Middle East becoming a preferred location. In 2023, Russia ranked second in mining volumes after the US. BitRiver's calculations showed Russian miners produced about 54,000 BTC (around $3.5 billion) last year, with an average of 22 GW of mining capacity (compared to 1 GW in 2022). In the US, 143,000 BTC were mined over the same period, using 5.3 GW of power (up from 3-4 GW in 2022).     – Haseeb Qureshi, managing partner at Dragonfly Capital, expects the Biden administration to soften its policy towards the digital asset industry soon. He believes US authorities do not want to lose the votes of cryptocurrency users in the upcoming presidential elections. While a complete policy reversal is unlikely, some easing of the stance is expected. According to former CFTC chairman Chris Giancarlo, “Donald Trump could reasonably claim the title of the first US cryptocurrency president due to the launch of regulated bitcoin futures in his first year in office”.   – The leading altcoin surged even more than bitcoin on 20-21 May. Bloomberg analysts reported that the SEC (US Securities and Exchange Commission) had changed its stance on the launch of spot ETFs for Ethereum. The regulator requested expedited updates to applications for such funds, with the first decision (from VanEck) expected on 23 May. Following this news, Ethereum's price soared by over 25%, reaching a peak of $3833. According to Coinglass, the total amount of liquidations and forced closures of short positions on crypto exchanges at that time amounted to $340 million. A total of 78,800 positions were liquidated, with the largest individual liquidation occurring on the HTX exchange, amounting to $3.1 million for the ETH/USDT pair.   – QCP Capital analysts believe that if spot ETH-ETF applications are approved, Ethereum's price could surpass $5,000 by the end of the year. Standard Chartered expects capital inflows into such funds to reach $15-45 billion (2-9 million ETH) in the first year. This influx would drive the asset's price to $8,000 with bitcoin at $150,000. Bold forecasts from the bank's analysts suggest that if market dynamics remain positive, Ethereum could reach $14,000, and bitcoin could rise to $200,000 by 2025.   – Markus Thielen, an analyst at 10x Research, predicted that bitcoin's breakthrough of the $68,300 resistance on 20 May could catalyse a powerful rally. QCP Capital expects the main cryptocurrency to reach $74,000 in the coming months. The company's economists believe that institutional acceptance of cryptocurrency is accelerating, and improving global economic conditions create a favourable environment for capital inflows into risky assets. The approaching US presidential elections also improve investor sentiment.   – The latest version of the GPT-4o artificial intelligence from OpenAI predicts that bitcoin's price on 1 August 2024 will be in the range of $76,348 to $89,108, considering current market factors and historical trends. 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However, the "gold bug" Schiff promised that if bitcoin enthusiasts stop comparing the cryptocurrency to gold, he would cease publicly criticising it.   – The court found Craig Wright guilty of perjury. "Dr Wright's attempts to prove he was/is Satoshi Nakamoto represent the most severe abuse of procedure [...]" the court's decision stated. "It is evident that Wright deliberately created fake documents to support false claims and used the courts as a means of fraud." "Wright's testimony was at best unreliable [...] and at worst fabricated," the judge declared, expressing complete confidence that Wright repeatedly lied to the court in his testimony. These perjury facts may now be referred to the British prosecutor's office. However, in a tweet on 20 May, Wright announced his intention to appeal the decision.   – Controversial blogger and former kickboxer Andrew Tate announced his intention to completely abandon fiat and invest over $100 million in bitcoin. He aims to break free from "banks, their money, and other scams." Tate promised to provide evidence of his actions. It is noteworthy that Andrew Tate, a millionaire and former MMA fighter, is also known for his misogynistic statements. All his channels on YouTube, TikTok, and Instagram are blocked.  It is known that Tate and his brother had been arrested in Romania on charges of human trafficking and rape. According to Romanian police, Andrew and Tristan recruited women for pornography. Romania TV reported in late 2022 that Swedish eco-activist Greta Thunberg might have been involved in their arrest. Notice: These materials should not be deemed a recommendation for investment or guidance for working on financial markets: they are for informative purposes only. Trading on financial markets is risky and can lead to a loss of money deposited.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/
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