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Blockchain and cryptocoin markets will probably grow the most in the next five years. The total market cap for cryptocoins will grow from $50 billion today to

by pdog 9y ago

Blockchain and cryptocoin markets will probably grow the most in the next five years. The total market cap for cryptocoins will grow from $50 billion today to $1+ trillion in the future.

chronic940 9y ago
Do you know how few people on HN even own any cryptocurrency? It's likely close to 1-2%. It's been like that for the past 5 years.
- rosser 9y ago
  Really? You have accurate enough information about the prevalence of holding cryptocoins on HN to throw around numbers?
- ryanx435 9y ago
  Major movie theaters and other retail stores in Phoenix, Arizona, accept bitcoin. It may not be 100% mainstream yet, but crypticurrency is going to explode in a big way
  - gst 9y ago
    As a customer, why would I want to use Bitcoin (instead of, e.g., a credit card) at a movie theater (or at any other type of shop)?
    - mythrwy 9y ago
      For the of the thrill of not knowing how much actual spending power you have from one day to the next?
      - Top19 9y ago
        I can't say whether you're right or not, but your comment caused me to laugh out loudly enough that people at Starbucks looked over at me. Thank you.
      - bbcbasic 9y ago
        Forgo a pizza a few years ago and end up with $20MM
- mabbo 9y ago
  While I do agree that crypto-currencies might be a bit overblown, if you're right at 2% if HN readers having them, I'm actually more inclined to believe the OP is right. That's a lot of people. To me though, the only thing crypto-currencies currently are good for is buying illegal drugs on the internet. There just isn't any reason to use them over regular money the rest of the time.
skynode 9y ago
Second this. We've just started to fully appreciate the possibilities of the Blockchain particularly. I was reading some academic paper on analyzing and querying blockchain transactions and I found it absolutely outstanding. I'm also keen on seeing what large commercial projects are built on the Ethereum platform.

by pdog 9y ago

Blockchain and cryptocoin markets will probably grow the most in the next five years. The total market cap for cryptocoins will grow from $50 billion today to $1+ trillion in the future.

chronic940 9y ago

Do you know how few people on HN even own any cryptocurrency? It's likely close to 1-2%. It's been like that for the past 5 years.

rosser 9y ago
Really? You have accurate enough information about the prevalence of holding cryptocoins on HN to throw around numbers?
ryanx435 9y ago
Major movie theaters and other retail stores in Phoenix, Arizona, accept bitcoin. It may not be 100% mainstream yet, but crypticurrency is going to explode in a big way
- gst 9y ago
  As a customer, why would I want to use Bitcoin (instead of, e.g., a credit card) at a movie theater (or at any other type of shop)?
  - mythrwy 9y ago
    For the of the thrill of not knowing how much actual spending power you have from one day to the next?
    - Top19 9y ago
      I can't say whether you're right or not, but your comment caused me to laugh out loudly enough that people at Starbucks looked over at me. Thank you.
    - bbcbasic 9y ago
      Forgo a pizza a few years ago and end up with $20MM
mabbo 9y ago
While I do agree that crypto-currencies might be a bit overblown, if you're right at 2% if HN readers having them, I'm actually more inclined to believe the OP is right. That's a lot of people. To me though, the only thing crypto-currencies currently are good for is buying illegal drugs on the internet. There just isn't any reason to use them over regular money the rest of the time.

skynode 9y ago

Second this. We've just started to fully appreciate the possibilities of the Blockchain particularly. I was reading some academic paper on analyzing and querying blockchain transactions and I found it absolutely outstanding. I'm also keen on seeing what large commercial projects are built on the Ethereum platform.