Bitcoin Forum

When the rate is continuously dropping down and investors all over the world keep selling their tokens in the hope of not finding them out of funds, it's getting harder and harder to believe crypto has bright future.

What are the possible outcomes regarding the crisis, esp cryptocurrencies-wise and why they were actually invented for, namely,  free exchange of funds with no borders and taxes, shops where you can pay without commissions and other things?  We all saw a surge in ICO projects, each of which promised a real use of the crypto. Where are they now?

What are your thoughts and opinions on the future of crypto? Looking forward to hearing from you guys.

 the situation is pretty much upsetting right now; i do not lose my hope though.

I'm following channels on social media (uTube and Telegram) The anchors say that there is only a semi-drop going on. SO! Let's not be upset!

I have the same thing with some different projects. But it´s the market. Everything is down in crypto space. I assume it'll do its best to recover sometime in the future.

agree, when something is at the bottom, the only way is up

still, wondering if there be any amount of negative predictions about the future of crypto

A marketplace doesn't grow following the value of an item. Perhaps you wanted to say a crypto world instead. The wave of fake ICO will fade itself with the STO. Any weak and/or useless cryptocurrency will die itself or end an abandoned project. It's like the Darwin theory, only the best and the one who knows to adapt will survive.

There were many interesting projects last year. However, now it is just empty tokens or even unrealized projects that have not reached the investment stage. I think that now there is a dropout of such projects. In the near future, investors will revise the concept of investing in cryptocurrencies and the approach will not be so superficial. It remains only to survive the moment of correction of both the price and the interest of people in the cryptocurrency industry. Very impatient to begin the active use of the cryptocurrency in everyday life. Just imagine how convenient it is and how many problems will be solved.

Crypto prices continue to fall and crypto users are more logical to make their choices amidst the increasing number of crypto scams that affect most crypto prices. passr will reduce crypto scam and lack quality so that many ICOs will die and remain the best coins to support future crypto progress

This situation of the market is really bad.
But it is not a stoppage to get a new one and a better one.
This crisis is just normal for all the people who stayed long in this crypto.
Marketplace will be better. even now we can get a good marketplace!

True because the market is getting worst. And because majority of ICO's are scams its better for investors to dump once they have the chance to get a decent profit. Its not secret. It only makes is worst because we're in the bearish trend. Last year there were quit a few tokens dumps as well but its not evident because the condition is very different then.


My thought is that crypto will still remain no matter what. Remember this is not the first time we experience this bearish trend. Much worst but crypto did survived, as for ICO, it looks like they're saturated already and no utility token coming out with real life usage. I think they will still go on and will continue to boom as well. But as ICO investors, you need to be careful and wise in order for you to make profits.


Sooner or later this bear cycle with end and a new cycle begins. I hope that you come prepared when the next bull cycle begins.

Despite the crisis, Crypto has a future, no doubts about it. This concept is so good that even the governments which don't like Crypto-Currency want to use the technology at their own favor. Crisis don't last forever and at some point the market will raise again, however now it's unpredictable to say when.

I believe ICOs aren't a good indicator of Crypto usage, but pure speculation. Surely developers have to show some usage for their AltCoins when lauching their ICOs, but actually it's all bullshit, there aren't real advantages when using their currencies, besides the possibility of profit. And I think ICOs are more helped by Bitcoin than they help Crypto market. So if Bitcoin is fine, the market is fine. If Bitcoin is bad, the whole market is bad.

The technology is the future. Right now the whole crypto market is cleaning from the scammers after the hype — hope this is a good process which will lead to the progressive market solution.

I agree with you, dude. Moreover, I met somewhere information, as Vitalik Buterin spoke about it.

In fact, if you ever traded in any market (not only a cryptocurrency), you should understand that racing is inevitable.

See everyone here is pretty much optimistic about how potential crypto is.

So what if we aren't able to make it work again?

Positive attitude and belief is the main thing. After all, behind every project there are people

Sure.
What I mean is, is there any future for the technology developed even with no future usage of cryptocurrencies?

What kind of technology are you talking about?

Perhaps the overall Blockchain technology was meant by "technology" thing.

I think it could survive the crisis as the truly great techs always go through time regardless of minor factors.

well if this is what destined to happen it will happen

Being earnest, I believe we're strong and experienced enough to overcome such an obstacle as the bear trend. We've already been there, so...

Do you mean: can technologies develop without cryptocurrencies? Of course, yes!

I agree. The dot-com bubble was experiencing the same disease and the real estate crisis in the USA.

The market can behave absolutely unpredictable now. People can buy cryptocurrency because it is cheaper. By that again provoking unhealthy demand.

We need to find some other ways of using cryptocurrencies I guess. If not now then in the near future. Otherwise, it's doomed.

It’s easy to run a business when the going is good, but the true test of an entrepreneur is how he or she behaves when faced with challenges. As the current economic climate makes overwhelmingly clear, every market has its ups and downs and in every crisis there is an open door for good opportunities and some might say that this is a bad market but thinking out of a box for some business idea when the market goes wrong is exceptional.

This year has already witnessed lots of up and downs, the drop of crypto and a bunch of well-performed projects of just bare scums.

What are my thoughts on this? Hm...Everyone is hoping it'll be over soon.  And so am I.

Big players benefit what is happening now. Small projects will reject and stop clogging the information space with their ICO's and artificially pumping the market with their tokens.

Totally agree. I also think this is the best time to test your strength and abilities. The market research should also be strengthened to ensure that decline and other " dark" sides of the economics are avoided as much as possible.

Is the market down? Definitely.

This decline can result in further specialization and selection of the services offered.

My opinion, it's just a natural flow of things.

We cannot consider a crisis market as good or bad, during a crisis period the market it is, unstable, it is updated and its weakest players leave, tops also change, at that time it is necessary to monitor these changes and choose the right projects that will shoot in the future, the main thing is  not to allow rash investments, to buy coins so that after the investment they remain in the price without updating their minimum for a long time.

IMO, that drop is connected with the numerous news about crypto regulation. There should be a field for institutional investors to enter the market. More than that, lots of news about both wallets and exchanges hacking make doubts in case of crypto's security.

The market is being cleaned not only by scammers, but also by those investors and novice and emotional traders. It is necessary that all newbie sell so that the ecosystem is left alone with those really interested in the technological development.

the thing is that 99% of ICO which provides REAL CRYPTO USE are turned out to be scam. no matter how useful or not were their products/services, the matter is that it was never their intention to release its products.

lol, this year we have never seen such a Mariana Trench like we can see now  ;D

exactly so, but i am sure it is not the reason of the market's fall.

It is also opportunity for us as well to start building some portfolio for our self and with the prices being so down it is easy to take as many coins as possible with best f the altcoins and that too buy in bulk. This could help us to secure our future and make us wealthy as well.

it is probably the best thing to do now. i already bought a bit eth and start to do coins research. i simply can not miss this opportunity

such a bear trend we're facing right now is not a problem. patience, it's all we need during these hard times  :)

tell it to those who has bought ETH at $300 or higher  ;D
ofc, there's no groud for worrying, but lots of ppl have suffered big losses

the marketplace will still be needed even though the price of crypto falls because they are a lower line that is needed to serve the public utilities that customers need. marketplace is a real activity that can encourage crypto to be better and grow, for that marketplace that will increasingly make the market and crypto better

He's good. The moment bears die, the bulls of luck will praise him with success and coins.

Nice point! Quite agree

Been watching the thread.... the folks are optimistic! Great!

probably it'll be hard to build a decent marketplace right now as we are all going through the crisis and kinda never-ending semi-drop of the Bitcoin, but I'm sure we will be able to sometime later. The prognoses are fairly optimistic.

I do understand why your friend is doing this and pretty successful: we have been there (I mean the crisis) five! times now! SO he is just witty an clever enough to make fortune once it's over. Congratulations! He could by some goods as well you know, not only the crypto.

there must be some ways to restore trust among the average buyers of crypto, esp btc and eth i think. once it' doe the marketplace will grow up higher

the rate is going down but this is temporary.

We have all the chances to gain steady income by implementing new ways of running businesses, let's say Blockchain based
marketplace or something alike.

Soon the prices will be up again and we all see the moon.;0

this Marianna Trench is the fifth one the BTC has witnessed. So no worries, we'll be good.

this is is a wise strategy to follow. we have been slowly recovering over the great depression period and on a few quarters, BTC will gain its power.

Experts say it's time to invest your money before the price will go up again.  It's like seize the moment thing.

depends on what your goal is. Are you an entrepreneur or a a yourself let's say?

Nope the BTC is not going down anymore.

As usual, there are several possible variants of how it all can turn out

I think the whole decentralization dogma will be changed or adapted to the market realities soon.

Investors will not allow losing all their money as they will sell when the market seems not performing good to get a part of their capital. Therefore it's difficult to predict that a good marketplace will survive if those investors will jump-off the ship if the weather is not good. I think we can only see a good marketplace if we can see that the volatility of crypto has been stabilize as those investors will not afraid to invest or adopt cryptocurrency.

I agree that it is important for each of us to have a positive attitude and belief, however, are these two traits enough for the crypto market to survive, grow and get back up? Would you say that what we are experiencing as of this moment is some sort of a cryptocurrency market collapse?

they are definitely not
as we are going through the crisis we will need much more than the positive human qualities only!

this has always been a big risk that people should know before investing in cryptos. If something goes up from $1000 to $ 20,000, of course it can also fall from $20,000 to $ 1000, that's a risk people should calculate
 

the price will increase when there is a lot of demand and this can take a lot of time, something like years, if you Hold for the next 5 years, you can see big profits and no losses because the price in 5 years can be more than $ 25,000. But many people want to see the price increase every day and they get anxious. Look at the crypto world, every time the price drops people enter in panic, because they want to see price increases every day

yeah. exactly my point. we've seen the fifth shutdown now, most of the investors and community members of the ico chats are in a panic as well/ just don't see what the trick is ;) patience is key. i always say this to my co-workers or mates in the chats, they never believe. then the price goes up an woah, it's was the right thing to do. I mean to hodle

I am currently looking for ways to save what I've earned in crypto so the topic is highly handy for me.  Even restored my profile after a while lol
My personal thought is we need to rebuild the whole system by transferring all the fund from fiat to crypto-based marketplace platforms. If anyone of the experts or just users out there are aware of such affordable yet cool options, please let me know.

You need a little perspective in times like this.

Let's take into account the massive rally late last year and into January of this year.
Bound to be a hangover that the market needs to work through.

No doubt some opportunists took advantage of the hype to raise quick money through ICO's
However there are also probably a great deal of solid projects and considering the early stage
of their development it will take time for them to deliver results in terms of token price.

Having said that, STO's will be a bit of a game changer as we will have Tokens backed by real assets
generating real income/yield/growth and that is going to make markets interesting.

In the meantime be a visionary and if you believe in the underlying technology and the teams behind them, have patience.
Alternatively, if you can sift through the many tokens that raised money early in the year and are now trading at fractions
of their earlier prices, then do your homework and pick ones that will emerge with real functionality.

If you are looking to create a place which can act as payment medium with no expense to increase the prices then it may not do the job,more people will come to spend or sell their coins for now which make the prices to go lower.But having such market place will really increase the use of cryptos for the paymet system.

When a marketplace is attractive enough (in terms of easiness and convenient) then it will get more users for spending cryptos but it does not mean it will help to prices to go lower but it will enable more people to adopt cryptos for the reason of using such a marketplace. Similarly I believe, building a great marketplace in the times of crisis is not a big issue but it may not attract more new users how it would suppose to be performing in the times of rising market conditions.

Condition of overall market scenario is more important for the success of any business because sailing on opposite current is more difficult for anyone. A positive market condition will convince more people to start adopting a new marketplace whereas at the times of crisis, it is obvious that most people want to stay away from trying out new things.

Yes this is the best time to make a marketplace, this blockchain technology is revolutionizing the world and the marketplace can only be built with the help of new technology entering in the market and various developments being done

The problem is that some people look crypto as an only investment option like market shares and etc but they forget that crypto, for example bitcoin is payment way too. It's very simple compared to others + your privacy is protected. You can easily convert money into bitcoin and buy what you want so even when crypto falls, I don't think it can be considered as a barier for creating a new marketplace.

Crisis means a dropped down and unhealthy market thats why building a great market place in times like this is hard, although it is possible. We all know that a low price market is the best opportunity to buy because of the buy low sell high policy and if all people takes an advantage with that, the market will go alive again.

More good news, more adoption and more use cases of bitcoin and other altcoins will result in more market-cap and this will result in increase in volume plus price together.

When doubts and questions arise, when you are looking for answers and trying to understand and anticipate the development of finances, there is the surest way to do this - look back in time, read about similar events in the past. All kinds of crises have already happened once and only by knowing the history of the development of the economy can you protect yourself and your money in the future.

We cannot do anything against the price drop because it is uncontrollable by anyone what can we do now be with the flow of the current see it will very helpful for them to make any other distraction and helps for the earning methods learning.

This is just a small setback, I know that is difficult to not take this personally when many have supported cryptocurrencies for years and it does not seem likely that we are going to see a huge development during the next year but you must recognize that revolutions take time and something like bitcoin will not become the main currency of the world in just a few years, such development will take decades at best.

Me too loosing idea to build great marketplace to attract people because the idea should be original and can restore investor confidence to buy crypto again and it's difficult to do so and regarding the crisis i think i can not against it and only can following the market movement whether it will be down or up until expect the situations will much better than previous year