Is hype any good for the crypto market?

[olumyd]

Been wondering if crypto had less volatility, and less hype will traditional financial institutions still consider it the future of economies?

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[TwSeventh]

Been wondering if crypto had less volatility, and less hype will traditional financial institutions still consider it the future of economies?

for an early project,
hype is a key for successfull but at the same time it can be a poison.
(it's a key for marketing and it will be a poison if the hype is rocketing while it has nothing to hold it)
crypto will be like that if goverment find a way to track every users and regulate everything.
everything needs it even though it's less or not,
so it can be considered as future of economies no matter what.

[sindikat]

Why don't you like volatility? I like that. This property of cryptocurrencies helps to generate income every day regardless of the price of bitcoin. A lot of traders  money is invested in cryptocurrency. If cryptocurrencies do not have volatility, we can see a large outflow of capital. Cryptocurrencies are good because anyone can find an acceptable way to earn money.

[olumyd]

Why don't you like volatility? I like that. This property of cryptocurrencies helps to generate income every day regardless of the price of bitcoin. A lot of traders  money is invested in cryptocurrency. If cryptocurrencies do not have volatility, we can see a large outflow of capital. Cryptocurrencies are good because anyone can find an acceptable way to earn money.

I think so too, but just need more stability and end to FUDs. Really making long term hodl difficult.

[NeuroticFish]

Been wondering if crypto had less volatility, and less hype will traditional financial institutions still consider it the future of economies?

It's not the volatility that scares off the financial institutions. It's the manipulation on the markets, it's the fact the banks see crypto as an enemy and, under various reasons, they avoid working with crypto and with the institutions that handle crypto.

I think that a proper regulation could have better impact than reducing the campaigns and the hype.

[batang_bitcoin]

Been wondering if crypto had less volatility, and less hype will traditional financial institutions still consider it the future of economies?

I have watched the news last time and our central bank isn't really promoting crypto but luckily they made it legal. They keep on reminding the public that cryptos are volatile and its not only moving up all the time. If less hype, less volatile I dont think that cryptos will even become popular,most of the investors sees volatility as an opportunity.

[magneto]

Been wondering if crypto had less volatility, and less hype will traditional financial institutions still consider it the future of economies?

I think a stable bitcoin price would mean that a lot more people will be able to use it for commercial use. So instead of having to accept payments through a gateway like Bitpay, and get their funds in fiat currency, they are able to actually just get paid in bitcoin alone.

But boom and bust(hype and FUD) cycles ain't going away in crypto.

It's just how the market normally operates. There will always be periods of growth in price and decreases in price. Long term trend will probably be quite steady price growth. Hype means nothing for the long run holders because they are holding their coin until adoption on a massive scale happens. It's only good for the traders who take advantage of these price hikes. But as more and more people start accepting bitcoin as payment, volatility will naturally go down as a result.

[bobo012]

Been wondering if crypto had less volatility, and less hype will traditional financial institutions still consider it the future of economies?

Gold had as much of volatility we are seeing now in its early days. The asset must mature enough and then the volatility will be gone.
It is a normal process

[pitiflin]

Been wondering if crypto had less volatility, and less hype will traditional financial institutions still consider it the future of economies?

That's such a horrible question. Cryptocurrency==Volatile.
Why the fuck you care about what traditional financial institutions think? Do they care about you? Simple answer is NO. Get past it. You're a crypto user. Looks like someone needs to remind you that.
Crypto is not the future of economies. Cryptocurrency is a currency.

[richardsNY]

I think that a proper regulation could have better impact than reducing the campaigns and the hype.

Current exchanges either need to be wiped out and replaced by stock exchanges, or crypto exchanges will have to adapt to the high standards stock exchanges are subject to. I personally believe that the latter is more of a realistic option, but for me it doesn't really matter -- large parties need to safely enter and exit the market without having to worry about incompetence, and also without liquidity being a problem. It's just a matter of time with how this industry is getting regulated slowly but surely, but I would have preferred that it all happened a year or two ago. It's not that much has changed other than crypto having gained a whole lot more exposure globally, so the authorities have been sleeping, or not taken crypto seriously enough....

[peter0425]

Been wondering if crypto had less volatility, and less hype will traditional financial institutions still consider it the future of economies?

Consider volatility as part of this market since its inception. And you have to understand the crypto is based on pure speculation, so hype is needed most of the time to put some noises around it special altcoins. And there's also what they called pump-and-dump, so yes its based on hype as well.

As for the volatility, it will also stay as long as crypto is here. Most people look at its bright side, taking advantage of it. So its either you go with it or fell worried specially wild price swings. Its your choice. But the more you know how the market works, the more you understand and will embrace volatility.

[exstasie]

Been wondering if crypto had less volatility, and less hype will traditional financial institutions still consider it the future of economies?

Volatility is part and parcel to speculative assets like BTC. It's not like a consumable commodity with predictable demand. That's why I think the long term chart tends to manifest itself as a series of Gartner hype cycles. Every so often, there is a trigger or catalyst that renews the cycle. This leads to inflated expectations, a trough of disillusionment, and an eventual return to the mean. These all have counterparts with the "bubble cycle" that BTC has played out over and over.

When the hype cycles are all over and we actually find long term stability, mainstream adoption will have already occurred (eventually including traditional financial institutions). So to answer the question..... "traditional" implies institutions that will wait until the technology is becoming mainstream and perhas less volatile.

[entrepmind23]

Been wondering if crypto had less volatility, and less hype will traditional financial institutions still consider it the future of economies?

More companies would consider adopting it because price would be stable so they would have a peace of mind because even if they will not convert the coins directly to fiat after the payment then there wouldn't be much difference. They would be able to reduce the fees too as they will not use any platform to convert the coins directly as it will be with their own discretion when they will do it.

However, the volatility of the crypto market make it more attractive for the investors and traders to get involved with it because of the opportunity to earn higher amount of profit in a short amount of time compared to traditional markets like stocks so hype is still good for the crypto market since the more investors and traders it has, the more volume it would have.

[pooya87]

hype and FUD are two sides of the same thing and both are equally stupid while they also exist in ALL the markets such as stocks, gold,.... that is not something that is limited to bitcoin or crypto markets. the difference however is that when it comes to bitcoin and then altcoins the market size shrinks a lot and whales grow bigger when you compare them to orderbook sizes on different exchanges. and simple difference is what makes it volatile.

[JanpriX]

Hype has been a very integral part of any trading market, be it stocks, forex or crypto. All of them have several types of hype/FUD and will always be a part of it and it can be either a good or bad thing. People make money out of it especially when they have good information about it beforehand.

We must take note that financial institutions don't want crypto because they don't have the grasp to control it. Well, that is the case in the past but I really don't know today. They will eventually accept it (with or without the hype), they just need to establish their ground and create a strong foundation within the cryptocommunity.

[CryptoBry]

Hype is all part of marketing in putting the best sides forward. This  is what can be needed in generating interest for any project and this is what can be seen all around us. Just watch TV or browse the interest and you know what I mean. Hype can be a two-edged sword then when people are developing high expectations and those are not eventually meet.

[airdagon]

Why don't you like volatility? I like that. This property of cryptocurrencies helps to generate income every day regardless of the price of bitcoin. A lot of traders  money is invested in cryptocurrency. If cryptocurrencies do not have volatility, we can see a large outflow of capital. Cryptocurrencies are good because anyone can find an acceptable way to earn money.

I think so too, but just need more stability and end to FUDs. Really making long term hodl difficult.

AFAIK we do have FUD problems that continue to increase, it's difficult to increase the price, if FUD is still the bottom line that limits between price and increase. it's hard to say the price can be stable, just my opinion the price will never be stable, in fact we only expect more prices to normal.

[Dreamchaser21]

Been wondering if crypto had less volatility, and less hype will traditional financial institutions still consider it the future of economies?

Gold had as much of volatility we are seeing now in its early days. The asset must mature enough and then the volatility will be gone.
It is a normal process

Volatility will not be gone because this is how we make money in this kind of markey. Through ups and downs, buying and selling I see this market as boring if volatility will gone. Volatility is really good, you just need to know how to ride on it.

[Pursuer]

Been wondering if crypto had less volatility, and less hype will traditional financial institutions still consider it the future of economies?

I don't think they are considering it future of economics now!
and it is not about hype nor volatility of cryptocurrencies. it is all about the difference that exists between cryptos and the rest of the markets. specially when they are decentralized and unregulated. otherwise hype is not the differentiating factor here.

[NeuroticFish]

I think that a proper regulation could have better impact than reducing the campaigns and the hype.

Current exchanges either need to be wiped out and replaced by stock exchanges, or crypto exchanges will have to adapt to the high standards stock exchanges are subject to. I personally believe that the latter is more of a realistic option, but for me it doesn't really matter -- large parties need to safely enter and exit the market without having to worry about incompetence, and also without liquidity being a problem. It's just a matter of time with how this industry is getting regulated slowly but surely, but I would have preferred that it all happened a year or two ago. It's not that much has changed other than crypto having gained a whole lot more exposure globally, so the authorities have been sleeping, or not taken crypto seriously enough....

That process has started. Poloniex was bought by Circle, which is owned by Goldman Sachs.
And on the "big fish eats small fish" principle, this wish of your will come true sooner or later. I would have hoped that they'll evolve instead of being swallowed by the bigger institutions, since those big ones may not have the best thoughts towards cryptocurrencies.

However, no matter how it will happen, the evolution comes upon us. Will we like it? Not sure. But we'll have to evolve too.. somehow.