Cryptocurrency has recently gained a lot of attention from companies, governments, and banks which is driving a lot of investors into this market, including Mark Cuban (hypocrite!). Since there are so many advantages to using cryptocurrency it would make sense for stores and online retailers to start accepting cryptocurrency and since the crypto community is growing it could increase sales if they started to accept it because it would make it very convenient for us to order a product online with our bitcoin that we recently made on a trade. I don't see why cryptocurrency wouldn't start to be accepted by companies, if anything it would increase sales and customers in my opinion. Thank you for reading this post and I hope you have a great crypto day!
One can hope.
The reason it is still too volatile because it hasn't been adopted by the masses. It will be within the next 5 years.
Almost every comment and article I post I expresses the same sentiment. Emerging markets are highly volatile.
Japan is moving to integrate crypto-currency into the day to day economy. This is the 4th largest economy in the world, and the Yen hasn't even really touched the crypto-economy at this point in time.
Add to this Vetalik's meeting with Putin to discuss the digitalisation of Russia's eonomy, and I think wider acceptance could come much faster than expected.
To be safe, most of my investment advice in the crypto-economy is based on 3-5 year long term plans.
If you come into this space looking to get rich overnight, you will almost certainly lose. If you are prepared to be patient you might just start making money far quicker than you ever expected.
Cheers, for the comment, and to @cryptotraderx for highlighting a valuabe "supply & demand" Bitcoin indicator.
thanks for the feedback
Yeah I really think so!
I think cryptocurrency is still too unstable to be adopted by the masses, It will still take a couple of years for everything to be settled.
i would agree, to volatile at the moment
There is a lot of innovation brought into cryptocurrencies. At sone point, development and growth have matured enough to make cryptocurrencies have a lasting effect on societies.
in the year 2033....probably
more like 2022
Happy Saturday to you⭐️
thanks
yeeah le go
Until BTC has gained a lot of popularity even more, violent volatility in prices could taper off. It,s just funny that I want it volatile too @cryptotraderx
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