Bitcoin Forum

Hey everyone! Just wanted to hear your thoughts on this glaring question.

Remember when crypto wasn't just about chasing new all-time highs, the latest NFT craze, or meme coins? Back then, it was about decentralization, financial freedom, and putting power back in the hands of the people. The vision was bold—a system immune to censorship, government control, and the failures of fiat currency. But now, it feels like that original vision is getting lost in the noise of speculation and hype. Have we strayed too far from what crypto was meant to be?

In the rush for quick profits, many are forgetting the true potential of blockchain technology.

I believe to get a good sense of where we are headed, transaction volume offers a real measure of utility, market fit, and adoption. When you look at the top five cryptocurrencies by transaction volume, three out of five are centralized stablecoins. Their utility far outstrips that of Bitcoin, but at what cost? These stablecoins are centralized, making them highly prone to surveillance and seizure. But there’s an even bigger issue: these companies hold treasury securities as reserves, making them significant contributors to the fiat system. They’re the 18th largest holder of U.S. debt—on par with entire nations. This goes against everything crypto originally stood for; these stablecoins are essentially FIAT in crypto form, the very thing Bitcoin was meant to disrupt.

And don’t even get me started on central bank digital currencies (CBDCs).

So, here’s the big question: If people are so eager to adopt centralized stablecoins, what’s the point of crypto? Why not just stick with fiat and the traditional financial system? Has crypto really lost its way?

Bitcoin and blockchain started with a mission to upend the traditional financial system, offering a form of money free from manipulation and censorship. Maybe it’s time to revisit the core principles that made crypto revolutionary. Rather than chasing the latest speculative trend, we should be looking at models that realign with the original vision of crypto—individual liberty, decentralization, financial sovereignty, and resistance to censorship.

To date, The Classical Gold Standard remains the closest thing we as a civilization had in terms of a sound monetary framework. It was a system that brought stability, predictability, and a tangible anchor for currencies. However, due to the same pressures that continue to undermine Bitcoin and the broader crypto space, the gold standard was eventually abandoned. We cannot let history repeat itself.

This is where frameworks like ShiftCTRL come in, which, by modeling after the classical gold standard and using Bitcoin as a reserve, provide a stable and decentralized alternative to the flawed fiat system. Could this be the way to realign crypto with its original purpose?

What do you think? Are we ready to steer the crypto ship back on course and focus on long-term stability and freedom? Would love to hear your thoughts about this! :D

People are free to invest in any coin they want. You cannot stop anybody from buying a stablecoin or other shitcoins. There will always be hype which will attract people to invest in pump-and-dump projects. Everybody has their preference. But in the end, Bitcoin is king.

Bitcoin has not lost its decentralization and freedom features. It is still the same coin that is immune to censorship and government control, it has not changed. Bitcoin was not created to replace fiat but to serve as an alternative and it is doing that perfectly. I think you should reduce the attention you are giving to shitcoins.

I see that you are advertising a project. The only project I might be interested in is a type that promotes self-custody, privacy and Bitcoin adoption. If you intend to advertise in the forum, you can go to the service section and start a thread that explains your service.

the mission has not changed at all, it's just that people look at the decentralized nature of Bitcoin as the primary characteristics of Bitcoin and still wants to take advantage of the gains in it volatility. At the start, the concept of financial soverinty and resistance to sensorship was the predominant concept because people never saw that other than that, Bitcoin could get to this value we've seen it attained. it is right to say that the potential of Bitcoin and the projection on what it future potential will be is a distraction that's gradually shifting us away from what Bitcoin core mission was at the start which has led to some regulations that's creating a mix of the system being decentralized with a touch of it being centralized.

Even though you're trying to relate your shift control project to aiding Bitcoin attain it primary vision, it's not different from what most other project that are in existence are trying to achieve, relying on the strength of Bitcoin to model something that's close to it or that promises to work hand in hand with Bitcoin. The crypto space is broad and is opened to projects and new cryptocurrency but Bitcoin doesn't need another feature or project to help validate its decentralized system.

Yep, details should go in the services, and I fully agree with you, it's everybody's choice and the hype is always around projects with so many risks you will lose count of them ;D It's natural for people to follow it, not something that is stable and reliable, because it's different from the trends, so to speak.

Blame it to meme coins! They are the ponzi/hyip on crypto right now by offering high risk tokens that has high volatility. The majority of crypto traders prefer to seek quick profit instead of decentralization since this is the way other users promote crypto to their friends and colleagues.

The value of crypto is already tainted by the meme coins and other shit tokens that doesn’t have real utility. The only way to bring back glory days of crypto is to boycott shit projects and focus only on top crypto projects that provide real innovation in crypto space.

This sounds like just bitcoin, most of what you mentioned here is why bitcoin was created and i don't think any altcoin was created for this same purpose. Bitcoin is decentralized, immune to censorship and government control and is an alternative to fiat currencies, nothing has changed about that, but most altcoins have always been about quick profits, that's why people buy and sell them as fast as they can make profits. AFAIK, bitcoin hasn't lost its way and altcoins have always been this way, right from the days of ICO's up until now.

stablecoin serve its purpose despite all the point you mentioned, as much as you don't like it, people really favour something that could keep volatility off their wealth at some point after they are done with their investment.

you shouldn't worry so much about stablecoin having big market cap because undeniably stablecoin being used everywhere as a pair trading of course it will dominate in term of market cap but the market cap itself coming from the reserve backed by various things such as fiat, gold and so on.

the fact that people still invest heavily in a decentralized coin such as BTC and so on means there's no problem at all and crypto hasn't lost its way, things could coexist.

Because the vast majority of investors don't really understand nor should they actually understand. They're investors, they're all in it for the possibility of profit. I don't particularly see any reason why they'd deny NFTs, gamefi, and whatnot crypto craze when there are a lot of dumb people out there giving them money for those kinds of projects lol.

And I don't think you need to mind other coins in the first place. As long as Bitcoin itself is untouched, then I don't think there's any problem. Let other sdo whatever the hell they want lol.

Stablecoins are important, particularly for traders, it is also good for helping crypto users avoid the volatility of the crypto industry. That being said, i would not advise one to hodl stablecoins for the long term, if the issuers go insolvent, then all those hodling that stablecoin would lose their money, stablecoin issuers claim that all coins are backed 1:1, but we know that is unlikely. So whilst people think there is no risk in stablecoins because they are stable, it is not true.

Well, cryptocurrencies gave freedom to people and they chose the current system, wasn't that freedom working then? Or are those people only free if they act like what's your vision about the correct idea?

Imho if the pegged stablecoins would have existed from the start, people would have used them. So crypto hasn't really "lost it's way", it's just constantly developing to meet the needs of the users. And now those users are going to be governments and banks as well, so things are changing to meet their needs as well.

You and I knows that people interest in cryptocurrency especially bitcoin at large is profits making and no one is ready to think about what project usecase or not. The fact is, investment or trading are having same vision since we had seen bitcoin to be a very important part of the digital currency and with focused on how it's create new ATH makes it charming to people not to really focused on the utilization as digital payment system due to its benefits. We can't still dispute the facts that people are not using it for its true purpose and of course bitcoin is still generally being used for transaction and payment purpose it depends on your point of interest as when venturing into it.

It's just that, because crypto became more accessible (sorta), it became a bigger place to speculate about the buck to be made. Thus, we have the trend we are currently having, with old coins still there in the corner of newbies' attention ;D

Crypto is evolving rapidly, so, yeah, bigger whales and institutions are here to have a part of the pie for themselves as well.

Not at all we are just going true new revolutions .We may not like it now or adapt easily but things will soon shape up we are definently going forward with all these new developments

Definitely so. The crypto revolution that continues to build the bridge to the next world system.

While I do agree that there are a lot of people who hype useless boring shitty crazy stuff, there are a lot of us who still spend, earn, trade and invest into bitcoin like the old days, that was what people did 15 years ago give or take, and that's what we are doing right now as well.

I do not think that we need anything different, we should consider that as something quite normal without much trouble. This is why we need to consider the fact that we will end up with a good profit if we keep going the way we used to, and not look at these crazy people because they are really just purely crazy and they are not doing anything sane, if you just want to complain about them, you will miss the billions that are spent everyday about all these things, it will not be a good thing and we should consider that it will be a miss. I ignore all those crazy people, they can hype about any new buzzword they want, it is not my thing and I keep focusing on getting more bitcoins.

Of a truth there are still die hard Bitcoiners, but they are not much compared to the great number that patronizes shit coins and meme coins om daily. I once saw myself in a gathering where they only talk about bitcoin and nothing more. Those guys believe that bitcoin will worth $1M someday. The way they talk about bitcoin will make you see yourself as a rich man if you manage to own 0.1 BTC. They believe in bitcoin and trust bitcoin but they aren't in this forum. They don't want to visit so. They said you don't need anyone's validation or opinion to own BTC.

Crypto used to be about decentralization and financial freedom until web3 Founders launch dozens of projects abd VCs who invested in such projects dumped and left. Rinse and repeat. This continued for a long time till everyone got tired and choose to settle for NFTs or better still memecoins because over there, there are no promises whatsoever. It's just vibes and whatever can pump the hardest with no strings attached.

With all you have said, are you suggesting that cryptocurrency nowadays is advanced gambling? Because that is the scenario you just described above. This is captured when you said people choose NFT and memecoins because over there there's no promise of anything. Will this continue this way or it will changed that people will later realise the unmatched advantage of decentralization over sudden and unreliable gains.

People, in general, will choose bigger x's instead of the stability, or innovation, simply because memes (in general) have better shilling, they don't have anything that can't be understood by a common person, and they are everywhere ;D
However, if someone digs deeper than that or, just uses the biggest coins on the market available to everybody (that's the beauty of it, really) - they would find so many possibilities that they would probably forget about the risks attached to other coins and tokens, especially new ones.

Tbh, that has been the general concensus in recent times. You can even confirm this on Crypto Twitter. There are talks about FDV no longer being a memecoin because recent projects have all but suffered6feom the plague of launching with a very lean circulating supply but with a very high FDV only to have consistent unlocks that diluted everyone's bags and pushed price lower. With Memecoins, there are no further unlocks that dilutes the value. So yes, majority of the folks we have now are pure gamblers only that they have managed to operate under a different name called "degen".

We’re just witnessing a period of stagnation, which seems to happen in every post halving year. It has been going on for 6 months now which should have shaken out a lot of the weak hands. No doubt we will soon resume up season, just don’t get shaken out & you will make a lot of money next year when the real fireworks begin.

I don’t think bitcoin has lost it’s way, maybe you people are getting it all wrong and since you are driven by the profit and based on your calculations you think things are not falling in place as they should. Just know that everything is based on speculations which are not so far from the real fact.

Brilliant advice you just gave, people need to keep their heads up and not give up just yet, those who have witnessed this in the past will not be bothered about the current instability, this has always been how it is but everyone is just eagerly waiting for the bull run.

As the saying goes, nothing good comes easy so we all need to keep our head up and keep waiting patiently and you will see that it was worth waiting. We are almost there so giving up now will be meaningless.

I understand your concern. Gone are the days were developers actually cared about quality instead of quantity. Back then, it was all about coming up with innovative developments that would make crypto useful for daily life. Now it's all about speculation and hype. We can blame the inception of NFTs, and "meme" coins for that. The vast majority of developers are only focused on making a quick buck. They make "copycat" projects that serve no purpose in real life. As long as they're able to lure investors in, nothing else matters. Retail investors also changed their perception of crypto. They buy whatever is trending on the market without doing prior research. It's all about getting rich quick these days. Who cares about centralization if you can stil make money "riding the hype"?

I sure hope that the legalization of crypto will put an end to this nonsense once and for all. With the number of "garbage coins" and scams reduced to a minimum, crypto can be taken seriously again. Will the industry get back to the good-old days? Only time will tell...

I like your explanation, Crypto today no longer has good quality as a future crypto project, it's all about how to earn more money to get rich quick and just take advantage of the hype that is only temporary.

The birth of NFTs and meme coins is getting out of control so that anyone can create their own meme coins under any name, but it has become a trend that has so far happened on all crypto networks.

Crypto is filled with junk coins, abandoned projects and many scams occur.
I also come from a past era where crypto projects were very serious and enthusiastic about building a crypto ecosystem with better innovation,
not just junk coins or copycat projects, It is really well-developed.

But whether or not the good old days for crypto will return, it's about widespread crypto adoption but not being matched by good quality.
People need to know what crypto really is, and this crypto ecosystem is no joke.

What year you mean by "good old days"? I was in here from the start of 2014, and things have matured so much from that. There were joke coins and scam coins all over. And even the "serious" coins weren't in any way ready for adoption. Everyone was unprofessional at least from my point of view. And if they owned a real company, or were even planning one, they would be considered legit. There weren't no regulations at all, so stealing cryptos and getting away with it was common.

Even before ICOs or tokens they were just PoW coins with hidden premine, pump&dumps or coins that promised devolopment with white papers and pseudonymous devs just waited for market support to dump their coins or just dumped immediately and disappeared. There were just fewer people in crypto, so amount of scams and nonsense was relatively low compared to current scene. And literally every CEX was most likely to be exit scam.

So when some cex owners who stole huge amounts finally get in front of judges, atmosphere started to get more mature. But law had to catch up and that took time.

Crypto has never been stable and the entire "I'm in it for the tech" probably got drowned out in the 2011 time frame.  Crypto provides a financial instrument that is useful and beneficial in many ways that fiat is not.  As long as ypu personally.use it for those things than that's all that matters.  Anything with a fluctuating price will always be driven by greed and create a scammers paradise.  We won't get away from that anytime soon if ever at all.

Agreed. You will barely find a lot of people who are interested in the technologies behind these cryptocurrencies because most people are in them for the profits and I don't blame them. The trend started when Bitcoin started to gain value initially and people saw that there is potential earnings hidden in it. As soon as people started buying Bitcoin and storing it so that they could sell it for more so that they could earn money, the profit-making phase of this industry started from there.

Bitcoin and this industry have conquered the world today, and it wouldn't be wrong if I say that the fact that Bitcoin and cryptocurrencies provide profits on investments has a lot to do with global adoption and it would take way longer for the recognition to achieve if it wasn't for this.

2016 to 2017 was a good year for me, many crypto projects provide a lot of profits quite easily, even with just bounties and airdrops and some projects that run ICOs that provide profits that are up to thousands of percent when listing.

Also, more waste projects, but some are still generating at the beginning and that's also just a trap, But the profits from other projects are also big for me.
Getting 1BTC and 10 ETH in the past was very easy, but not now because the price is also getting higher and harder.

Take the investment aspect away from cryptocurrency a d it will lose it attraction to most of the current holders and users of cryptocurrency, because when you talk about use ability or financial decentralized mechanism it won't stillake any Sense since there are still high rate of scalability issues with most coin such as Bitcoin and Ethereum in form of high sending fees.

This are the core objective used to determine which aspect of the crypto industry, but their popular and

it's the same thing with other investments though? the investment aspect exists for any that got value in it, currently cryptocurrencies are valued of course it will have investing aspect.
but even without the investment aspect, the technology behind cryptocurrency, for example, smart contract, is good enough to be utilized for various things such as contract settlement and so on.

defi can exist and depend solely on its revenue without releasing token because the technology is that good so there will be great deal of people interested in the blockchain technology even without investment aspect.
because that's just how good the technology is.

I believe crypto still accumulate for the power for the rise back after it was slept for over years. So crypto is not lost its way and it is waiting for the right time to be more popular than before. Crypto still about decentralization, financial freedom, and putting power back in the hands of the people. And vision is not getting lost in the noise of speculation and hype but still need time to reach more popular so more people will see how crypto can be useful for them. When the time is comes, we will see crypto will be back to the right path and that will amaze people who doesn't believe crypto and they will put on their eye into crypto and then join with other people to start to use crypto. Until that time, we can only patience and wait while prepare ourselves for the coming.

Interesting points highlighted here, relevant to the evolution of cryptocurrencies and the various differences it has picked up from its original concept. Indeed, the original vision for cryptocurrency lay in decentralization, financial freedom, and reliance on the traditional financial system. Now, considering mainstream stablecoins to be highly centralized, and ongoing discussions regarding central bank currencies, all these Digital Currencies, CBDCs surely bring relaxation to those basic principles.

While offering higher returns and higher trading volumes, it is a centralized stablecoin. Centrally issued and centrally managed, it does, in practice, seem to epitomize a form of cryptocurrency closer to fiat currency, even though it is built on blockchain technology. Centralization and integration into the traditional financial system may come at the cost of abandoning the very promise of decentralization and resistance to accountability.

The idea is that it returns to the very roots of crypto, such as individuality, decentralization, and financial independence-all pretty interesting. We reflect on how we can balance those principles and research models which would complement a vision for a dynamic financial system. Model examples include ShiftCTRL, where classic principles of sustainability and governance meet in the integration with Bitcoin as a reserve, but not limited to having great promise for the future.

What that ultimately means is that in order to get back to the transformation goals of crypto space, it does take a joint effort whereby long-term stability and freedom are truly more important than short-term speculation. In so doing beyond just short-term speculation, that will enable you to support innovation that is in line with the original crypto vision while bearing in mind the lessons of history.



Thank you for being so optimistic with the future of crypto, and that gives hope the vision for decentralization and financial freedom is still reachable. Even with the present speculation and protests, that fact remains true. Probably, cryptocurrency is in some accumulation phase, and a spike upwards will prove its worth to all at the right timing.

Patience, as you said, is important because the true potentials of cryptocurrencies can then be better understood. This is due to an increased understanding and embracing of its benefits by more people. The core principles still relate to governance and financial independence. As technology starts to further develop and get widespread adoption, it becomes clear there can be recovery based on the same key concepts.

In the meantime, it is best to be informed and prepared for any opportunities that may arise. Support for projects and innovations that showcase the original vision of crypto paves the way for its wide acceptance of benefits and leveraging in the future.

What specific areas of development or what do you feel will be the trend to hasten this process and get back crypto on its mission?

Yep, and how about all of these coins that have some sort of governance built into them?  Seems like having a DAO is viewed as something positive instead of what it really is, which is the age-old mechanism by which the rich get to control everything and the poor just get stuck with a lottery ticket.  It is unbelievable to me that people involved with coins like DOT, ATOM, TRON and the like don't see this clearly.  Then again, crypto has been full of suckers and idiots right from the get-go.

I don't feel that the conditions are different because the vision of crypto is still the same as before, it's just that when we are on a development track where adoption is still continuing then indirectly we also cannot rule out the fact that there will be a lot of shallow thinking from those new people who only want to be here for a short profit which in the end this makes conditions more difficult and that is normal because their mindset from the start only knows that crypto is one of the assets to get wealth instantly, even though this concept is wrong but in the end this concept is what some beginners embrace.

In addition, when talking about the issue of speculation I don't think this is wrong either because in the end not everyone in the crypto space is just an investor but there are also those who become traders which makes us know that in the end speculation will still continue to occur considering this is something that will definitely continue to exist and be discussed so this speculation is not a mistake even though in the end many speculators sometimes only make the situation worse especially for those influencers who always overreact in speculation just because of their desire to benefit personally.

But 99% of projects in 2016-17 ended up being scams or just dropping in value without any change for recovery after that. And those ico projects were just ridiculous. People were pouring money in if they saw a white paper that wasn't a direct copy. It didn't matter if the product made sense, and none of them did. We don't need decentralization for toy factory or dental industry. We don't need it even seem to know what we need it for. Huge portion of all the icos seemed to be either pure money laundering or a scam.

And even though i was very active at the time looking at those icos, i only scratched the surface, so i missed a lot of them.

For me, this (https://www.vice.com/en/article/a-programmer-ate-ass-to-save-cryptocurrency-prophecy/) was the peak level of maturity of the crypto scene back then.

More adoption no doubt will fasten the process and bring crypto back on its mission and create a facilitate like a place to gather to learn crypto that teach how to use crypto with right with all of the benefit from crypto. There still not many people who want to shares an information about crypto without having a purposes to take benefit from people and crypto needs that to help the adoption process can run more than before. So when the adoption process can reach more people while those people can learn more detail about crypto from the right sources, those people will understand what benefit they can get from crypto while they still survive for their life in the hard situation.

Crypto can help them to earn money besides of their income from their work. When they can learning crypto from the right sources, they will see that crypto offers so many opportunities from them to be the investors or traders so that can gives them a way to have additional income. The technology that still developed can reach the right people who understand crypto well and if the number of people who can use crypto with right, that will help the adoption process better.

So crypto still on the way to rise and it is wait for the right time. People will see what will happen to crypto so maybe there will be an explosion from crypto in the next year.

It will always happen anywhere, and it depends on how the project is done, but some ICOs give me hundreds or even thousands of percent profits when coinciding with the Bitcoin bulls at the time.

It is also not easy to find an ICO that has a clear vision and mission and is not just abandoned and becomes a field of fraud and money laundering.
There are more projects that have good innovations and are successful at first, but when there is a lack of developer interest and no more funding it will probably be held back and resumed when it gets more investors.

If you miss a lot of ICOs, it is your choice, but just follow enough ICOs to make the transition to other models such as IDOs etc.
The days when it was easy to make money from a new project.

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That's what everyone expected, The crypto boom that will make history for crypto like Bitcoin reaches a new ATH and more and more mass adoption is happening.
Just have to wait for the explosion to happen, now you just have to get ready and fill your bags with BTC and your favorite top altcoins.

Well no I do not think it is like this crypto lost its way. I do think there is alot of hype for projects that investors do not know about. But they want to make some quick gains so they will say a project is a good project. And now there is more government getting involved and want to know how much crypto be hodl. I do not like it like that but if it does mean to make it legal to invest in it then it is ok for me.

It has become harder to find gems nowadays.
And investors feel that too, I believe ;D
It became even more essential to dig deeper to have a better perspective of any project, really. Nobody will except you.

The problem is that mainstream media keeps promoting Bitcoin as some sort of prosperous investment that will make you rich quick. People are only in it to make a lot of money. Not because they care about its tech or ability to change our world for the better. Same goes for "meme" coins and other "shitcoins". Developers are just going along with the "flow". The vast majority of them aren't even building quality projects anymore. I wouldn't expect that to change anytime soon.

Things are even worse these days with platforms giving people the ability to launch their own token/cryptocurrency or NFTs without any coding knowledge or technical expertise. Just a few clicks away, and you'll be able to build your own "scam" with ease. So you can see how the industry denigrated over the past few years. At least, there are a few developers building innovative projects. The crypto industry is around 15 years old, so I'd give it more time to mature to see what happens. ;D

It is true that the current situation makes it very difficult to get good projects. But I think at this time there are many projects from which it is possible to earn good amount of money. But one thing you should always remember is that nowadays it is very difficult to choose good coins. If you are a successful trader then you know about the market and understand the situation very well. I can suggest you some like sol, matic bnb, eth you can hold them if you have some money left.

I see a lot of things like today's big project owners not being able to uncover the good side of the project at this point. They want the market to be better. Then they can work on their project well and move towards improvement.

You’re right that many projects these days are just all about gaining profit as quick as possible however I still believe that this gives way to innovation and growth in the crypto space. The need to stand out allows projects to make something unique, to invent something new and something unheard of.
I don’t think this is crypto’s fault. This happened because people wanted to have crypto without actually having crypto. Which I know is ironic. But in order to influence more people, some of these sacrifices are to be made. To me as long as they know the difference between cbdcs, etfs and actual cryptocurrency then I am all good.

I like to think that it’s all for now because later on they will realize the true value of crypto.

That time will comes soon and could happen in the next year. The crypto boom will make people amaze and never think of it so they will come to crypto with having many reason but the main reason is they want to make money from crypto. Crypto will become more popular than previous years and although the fluctuation still happen, people will figure out how they can deal with the risks because they know that crypto will have risks.

So crypto now it's not lost its way and still wait for the right time to rises. The rise will be bigger than a few years ago. We must be patience and fills our bags with Bitcoin and make sure that we still buy Bitcoin at a low price.

The time will come, you are right.
We should strive to find more projects with real utility that will be rewarded with funding and good investors, rather than just going for the hype, though.
Patience is key, and analysis too.

Since you are not the one giving them the funds to invest in that coins, you don't need to control them where to purchase and sell, because you don't have the power to stop them not to purchase the coins that will favour them in the future and it will be good for such investors to make a good decision that will make other investors to believe that they make a good decision. Never you ignore Bitcoin no matter the condition you find yourself in the community when you are about to invest, because Bitcoin and altcoins are good projects you can invest any amount of funds in a due season and you will be happy when the time of harvest appear in the community. Good projects promote themselves in the market, for example, Bitcoin, Ethereum and Solana which their population is increasing everyday and their investors are making good income from those projects to encourage others people to embrace the projects too.

They are the big ones and established themselves, you are truly right.
Getting your funds into them and seeing results from it is a long way, but it's a stable one at that, in my opinion.

Yes, it is easier for the scam to happen with NFT projects that were initially based only on hype and then abandoned.
The success of NFTs is also due to the artists who made them so that their marketability will be better and investors will believe that it will last for the long term,
but that will not guarantee either.

A 12-year-old boy, Benjamin Ahmet, created an NFT that made him millions of dollars easily.
this became a craze when NFT hype, but now all NFTs are on the decline and some are abandoned.

https://nftnow.com/features/meet-the-12-year-old-coder-whose-nfts-earned-him-more-than-5-million/

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Yes, and that is everyone's hope, waiting for a bigger crypto resurgence and being able to make new history.
Now just fill your bag full and get ready for the next bull market, Don't waste the opportunity to buy Bitcoin and altcoins that are still cheap.
all will reach a new ATH in time.

How far you can hold on and what is the target price you want to achieve.
Since everyone has their own goals, now you just need to fill your bag.

Then prepare your reserve fund while still looking for the bottom point, you will get more coins at a cheaper price.

That seems pretty easy, but can be really hard for a person who can be emotional at the market shaking.
Also, the bottom is never really there before you buy the coin or a token, and then it gets updated with you being in a minus ;D It's better to accumulate it no matter the price in spot.

You are totally right.
Following these steps, opportunity will show up, and then it's up to you how to use it.

I posted my disagreement on how Crypto lost its way because I don't think I see any way for Crypto to lose its way. There is no time to look back Crypto is now slowly starting to enter every sector.
It's true that finding gems is a bit difficult but if you walk the right path and work hard, finding gems will be easy. We know that to get good things one must work hard.

Do you have the rule for a good analysis that's the biggest for you? Or maybe a thing that, when you see, you stop looking at the project at all?

Yes, everyone needs to work hard to achieve what we want, and everything must go through a process, by looking at the development of coins that have potential for now, that is the path we must take, by continuing to think positively everything will be easier.

We should do it self-responsibly as well because if you lose yourself in the potential at hand, it will end pretty badly quickly.

Definitely not decentralized anymore and definitely not that great anymore. I think we are going to have some issues about this and can't really be that mad when things are different now because people voted with their pocket. If this many investors paid this much money on coins and tokens that are totally different than it means that this is what we wanted and I do not think that it is going to be that different anymore and just going to follow where the money takes it.

It can be something that hypes for a moment and then clams down like NFT for example, or it could be a long term thing, but it will always follow where the money goes. If money goes away from the original idea then there won't be much stuff original at all.

It is in our nature to crave for a lot of good stuffs and at the same time, many are still lazy. Some can only get lucky to have a good wealth, so it is still possible for them to get what they are craving for. Those who do and trust the process are usually the ones who can think negatively but I guess this is because what they do is taxing. I think it is fine but as long as the work is still there, they will still be close to their destination.

If it is our capital is the ones that we are risking, yeah that the responsibility is only on us. I say that because there are also people who only provide capital to someone else and that person is only the ones who will do the work. Losing a potential is very tragic but on some good coins that we have, the potential can still be there and can come back eventually, so we might as well not conclude that we have a pretty bad run.

I wouldn't blame memes for anything unpleasant that we may perceive happening in this industry. The meme idea isn't a bad one to start with if one knows what one is doing. Memes have really helped to onboard so many people into this space. They've caused noticeable cash inflow into this industry and a lot of mentioning in the global economy. Look at what's even happening with the tap2earn telegram mini bot projects and how the market is getting flooded by memes from that angle. What about the BRC20 and the DRCs? Memes, to the best of my knowledge, brought much attention to this industry this bull season.

Crypto is evolving just like every other living creature on earth. Sometimes the chances are bad but since the majority are not supporting them, they get vanished immediately. If NFT’s are a bad idea, then nobody will be buying NFT’s in a few years. You know ICO’s used to he the main shit but nobody’s doing ICO’s anymore. It is not as popular as it used to be.

Bitcoin has always been popular though and it doesn’t come as a surprise because it started the whole thing. That should tell you something, if you somehow lose your way, go back to bitcoin.

It's difficult, but it's definitely possible.
Each person is determined differently for such a task.

Many things have happened in the cryptocurrency space, and it is and should always be the decision-maker's responsibility if he invests in something that could cause losses or profits. I don’t think crypto has its own way, but it is dependent on how people use it. I believe they are for the profits, and I think it has always been like that.

What should be the ideal way, then?

NFTs were always garbage. I mean, what use cases do they have? Most of the so-called digital art are simply copies of JPEGs obtained from the web. The ones winning were creators, while buyers ended up losing big time. Especially after NFT creators decided to "pull the plug". The main issue was that NFT content (data) was stored on centralized servers. Blockchains only served as proof of ownership for an specific NFT. They didn't store the data itself.

Without immutability, your NFT collections won't survive for generations. There are already solutions for this (Arweave and IPFS), but developers/creators haven't used them yet. We can say "meme" coins have taken the same path as NFTs, as they end up being abandoned by the devs after the hype ends. The crypto industry is more speculative than it was in its early days. Don't expect things to improve in the future, though. The days of quality-oriented crypto projects are over (except for Bitcoin and Ethereum). Why would anyone take the revolution seriously? :D

In every neophytic technology, there are bound to be distractions and contaminations. Crypto is no different.
Malicious characters have infiltrated the space, so what can we do?

As you said, everybody decides for themselves.
Some seek innovation and knowledge, some seek it for the profits at hand, some - just the profits, and they end up in bad situations sometimes due to the lack of experience or the temptation of profits at hand (without looking at risks at stake).
I can't really say what would be the ideal way, but I would say that we should all strive to become more knowledgable first and foremost going forward.

Crypto is free (as in liberty) and open to anyone. What path will it take, depends entirely on yourself. People are the ones who decide. Not governments, nor greedy corporations. These entities are trying to control BTC by accumulating a large portion of its circulating supply. But they will ultimately fail. As long as miners and network nodes don't get compromised in the long run, there should be nothing to worry about.

I'm talking about Bitcoin, of course. For altcoins, that's another story. Especially those with a PoS consensus mechanism. Around 90% of alts are centralized due to the way they're designed. Everything should be fine as long as we have one truly-decentralized cryptocurrency. The future is unpredictable, so lets hope for the best. ;)

from the way crypto currency and us in managing everything can happen, depending on our attitude about everything and the trust that we build in crypto itself, because trust is much more important by looking at all sides before we enter crypto further and that is among them.

if you want to find more projects, you must be careful because not many projects will survive and stay at the market. But the important thing from that is how you can manage your money that you will use to invest in that projects. We don't know which project that can increase in the future so we must be careful to allocate our money for the investment. Altcoin will still trying to have its time to increase and even we don't know when the altcoin season will comes, we can prepare ourselves for the coming. Patience is the key and that is right because that will help us to stand in the hard situation.

It is worth if we still waiting for the next rise of the altcoin season or the bull run as we already invests in some project so we can use our time to add more amount for every investment we have or we can just waiting for the time coming. I already bought some altcoin but my focus is still Bitcoin so with DCA method that I know, that really help me to accumulating more Bitcoin until I see the bull run to sell my Bitcoin.

Considering Bitcoin price is low, we can buy Bitcoin now and we may have a chance to buy Bitcoin in the lower price because Bitcoin will get correction many times. That is why allocating our money is necessary so we can buy at the right time.

No, crypto is getting better and interesting every new day because it pump and dump for people to use the two opportunity to earn income, you can flash back to know where the crypto started in the long run, where crypto has gotten to in the world, you will agree with me that crypto has not lose value now, and if you want to buy and hold crypto, I guess the opportunity is there for you because you don't need to pass through third party before you can have your crypto in your portfolio.

Crypto is doing better in my opinion if you look at other businesses every market is down and people facing huge loss and waiting to recover their investments but in crypto investors are earning good profits who are doing market analysis before investing so by market analysis you can still earn good profit. Don’t go for memecoins in this market condition only invest in top 20’coins they will give you handsome profit in 2-3 months.

Just because there are now people who are looking for bigger stuff, doesn't mean that we are dealing with something that takes time, we should not be worried about it and we should be doing something that takes a bit of time.

We need to consider this as normal and we shouldn't really be worried about it at all. I know that it is not going to be something that makes any sense at all, but if we keep trusting ourselves into stuff that makes no sense, we shouldn't really be worried at all. I get that the group of people who wants to make a lot of money and quickly are there now, but that is not really that crazy, it should be considered as something normal and we should feel fine about it, don't worry, they are not going to hurt the market.

Cryptocurrency is also not doing well and not just other businesses. Businesses aren't doing well, all time sells are dropping and people aren't buying things they way they use to do. The inflation is increasing and people are losing their job hence they don't have money to use in buying things as they used to do and not investing in crypto that much again. The people investing in cryptocurrency now are institutions, they're using their large money to buy Bitcoin and other altcoins, they're the ones going to benefit the most from the bull market because they're buying Bitcoin consistently. Cryptocurrency hasn't lost its ways but the market is getting distracted with many memecoin that are getting created from nowhere and all they have to do is to launch a tapping airdrops for them to gain millions of new followers and they use that population to get listed on top exchange before they launched hence valuing their tokens high.