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Author Topic: Re: can cryptocurrency still exist if there is no trading?  (Read 928 times)

Offline Ferandil

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Re: can cryptocurrency still exist if there is no trading?
« on: April 16, 2019, 11:47:20 AM »
It depends how you understand "trading". If your mean only investing on some exchanges and treat crypto only as way of making money, then yes, cryptocurrencies can exist. We should remember that main goal of crypto is global adoption. If we will lead to the situation when coins will be in widespread use (and this is slowly beginning to happen, mostly in case of Bitcoin, but other coins don't stay behind - for example Dash and FuturoCoin are aiming for this, FTO even has its designated chain of restaurants: https://newsroom.futurocoin.com/next-futurenet-restaurant-is-already-open/) then trading won't be necessary anymore

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Re: can cryptocurrency still exist if there is no trading?
« on: April 16, 2019, 11:47:20 AM »

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Offline Octave4

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Re: can cryptocurrency still exist if there is no trading?
« Reply #1 on: April 16, 2019, 12:18:25 PM »
There are a ton of different ways in which cryptocurrency can constantly develop. Not only in virtual world but also in real life, for instance Litecoin will be the official cryptocurrency partner of UFC, just like FuturoCoin which will support RedBull F1 Team. What's more there is more and more places where people can pay by BTC or FTO.
« Last Edit: April 16, 2019, 12:21:29 PM by Octave4 »

Offline patrickmane

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Re: can cryptocurrency still exist if there is no trading?
« Reply #2 on: April 17, 2019, 12:52:21 PM »
There are a ton of different ways in which cryptocurrency can constantly develop. Not only in virtual world but also in real life, for instance Litecoin will be the official cryptocurrency partner of UFC, just like FuturoCoin which will support RedBull F1 Team. What's more there is more and more places where people can pay by BTC or FTO.

FTO is a good example of crypto that gain a lot in the short term

Offline Vande12

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Re: can cryptocurrency still exist if there is no trading?
« Reply #3 on: April 23, 2019, 10:44:16 AM »
If there was no trading for crypto and the price of each coin will remain stable caused by there was n volatility, i can give you an example about when i buy veil as my best coin and then i can't trade it because there was no market and i still get my evil but i just can't buy and sell my veil because there was no market to create a volatility.

My veil coin still has its value but it lacks or not having volatility but that looks impossible to happen.
This question just a dream and that will never happen. Veil as a potential privacy coin aims to get more and more demand in the market. and this time the market was working the opposite thing to create a very strict competition to get the best coin.

Veil as a privacy coin which has used a high-class privacy technology wanna get a lot of volatility to consider it as the volume and demand for veil itself.

 

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