Post
Topic
Board Altcoin Discussion
Re: Adoption Over Bull Run
by
stephanirain
on 18/01/2020, 23:29:20 UTC
I see a lot of people complaining about the volatility of crypto market with the prices of all their altcoins have reducing drastically, and they hope for the bull run to come and everything should increase. I think that the bull run is not the best solution to the volatility of the crypto market, but adoption.

The best and main solution to the volatility of the crypto market is real world adoption. There are alot of cryptocurrency project that are very good and innovative but are not yet adopted that people outside the crypto space (which is a few percentage of the world economy), therefore there value is subjected to the market changes. But if they get adopted by the real world and there token value is based on the real economy (i.e daily usage by people) then the value would be on the increase regardless of whether the market is bullish or bearish.

Adoption will also be followed by some government regulations so good luck with those. It will be a long process to fully adopt cryptocurrencies to the daily lives of the society. Indeed, many people in this industry are only focused on their personal profits and do not concern the overall state of the crypto industry. I do hope that many cryptocurrencies will be adopted soon and step into a new era of market.