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Question: There's a lot of hype with crypto. Why?
There's a lot of hype with crypto. Why? - 12 (85.7%)
Do not join the crowd - 2 (14.3%)
Total Voters: 14

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Author Topic: Why so much hype on crypto  (Read 1518 times)
Sweedy (OP)
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July 24, 2018, 03:33:23 PM
 #1

Because most do not know what they’re investing in and would rather listen to the crowd. What happens then? Prices crash once you’ve bought into it. Taking a loan or using all your life savings can be hugely risky, especially if you do not have the prerequisite knowledge on the tech and the coins. Be informed. Ask the right people. Arm yourself with knowledge before jumping on the hype-wagon. This would significantly reduce your risk and most importantly, position you to invest in the long-term fundamentals of the technology.
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July 24, 2018, 07:37:32 PM
 #2

Totally agree with you. Cryptocurrency is a very interesting topic. This market is largely the same as other markets. He does not forgive beginners. You have to be prepared for everything.
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July 24, 2018, 07:54:36 PM
 #3

There is so much hype because there is so much money to be made from fools, those who invest in ICOs are continually scammed, they will figure out this in the future but it will be so late. Embarrassed
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July 24, 2018, 08:13:22 PM
 #4

Well, its not really hype as i would say it.
But there is a saying that says that only the fools keep making the same mistakes.

Avoid green candles, avoid following the crowd
make your own decision, make your research and be yourself.
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July 24, 2018, 08:23:05 PM
 #5

The challenge the those who want to invest have is that, they do not know how to analyze projects by themselves and they do not know that right people to ask, whenever they need advise on what they plan to invest in. Most times, they just invest without any proper guide.
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July 24, 2018, 08:26:46 PM
 #6

its no hype, crypto lives on in the reality of financial decentralisation characterised by technological innovation put together by softwares stationed in different parts of the world and contributing their own quota to the development of solutions and getting paid by their technology

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July 24, 2018, 08:29:09 PM
 #7

Hi. I see your point and agree with you. Blockchain is a future technology and it can change our world in future and also we can get money with crypto.
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July 24, 2018, 08:30:13 PM
 #8

I think it is ok if you have bought from the dip near ultimate bottom, as the upcoming news and events are bullish for btc, im expecting btc to break previous high levels in coming weeks, most of the trading experts also have a bullish view about btc, alts will grow too but after the btc consolidates after new highs.

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July 24, 2018, 08:30:25 PM
 #9

Yeah, you are absolutely right, good point! I also do not understand people who gets loan and go all in without knowledge or some experience. Firstly you should learn about your investment, and only then invest money what you can afford to lose!
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July 24, 2018, 08:35:01 PM
 #10

its no hype

Of course it's hype. Whether you believe it or not, hype has a huge impact on market prices, especially with newer projects. It's not necessarily a bad thing, as long as you understand that hype can already be reflected in the price. Don't really understand the rest of the sentence, just a load of buzz words bundled together.

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July 24, 2018, 08:40:30 PM
 #11

Because it is the new black, there is no way it would be in the news with the level of peculiarities that comes with it, most of these MSM don't understand it and would try to generate spotlight around so has to get world attention

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July 24, 2018, 08:44:03 PM
 #12

And you look for the last time what he Raleigh, then up and down, just projects like gave crazy profit percentages, and went to minus a lot,so that's where the hype around this market, everyone wants money and profit

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July 24, 2018, 08:46:39 PM
 #13

This sphere is not so popular now as it was 1 year ago. Many people become dissatisfied by cryptocurrency and sell all of their crypto.
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July 24, 2018, 08:51:57 PM
 #14

People like crypto because of x profit will be in return from hyped coins with daily comers to enter everyday so the situation for some people is win-win and for other who will buy at edges will be complete lost .

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July 24, 2018, 08:56:44 PM
 #15

People, who is still here tired of losses and want big profits again. They need to sell. So - we have hypes. New blood will come after bitcoin will rise and we will get a new portion of hodlers, community members, in simple words - those who bought ATH. As i understand it is market cycles but every new cycle hype will be bigger and bigger.
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July 24, 2018, 09:02:15 PM
 #16

I think the hype is about regulations as there is no enough regulation in the market right now, people can easily create such hype to make lots of money.

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July 24, 2018, 09:05:06 PM
 #17

The amount of hype from the amount of cash you can potentially earn if your skilled enough to pull off a successful trade.  Problem is most people are not so they bring in a lot of hype and noise and the quite guys in the back pick off the easy money. 
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July 24, 2018, 09:10:31 PM
 #18

its no hype

Of course it's hype. Whether you believe it or not, hype has a huge impact on market prices, especially with newer projects. It's not necessarily a bad thing, as long as you understand that hype can already be reflected in the price. Don't really understand the rest of the sentence, just a load of buzz words bundled together.

Its a crypto hype because everyone gets excited by the increase in price of BTC as this sets the crypto market in order and hopefully it the trend will continue taking this path.





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July 24, 2018, 09:20:05 PM
 #19

Cryptos been so volatile will always generate great hype, but when ever there is a hype, always try to know what's causing the hype and see any way you can key in into the hype and take opportunity, always do your research it's very important
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July 24, 2018, 09:21:31 PM
 #20

Investing blindly is a wrong approach and I did not ever invest in unknown projects. A agree that most of people want easy and fast money but it is not a professional approach. We remember how the crypto market grew last several years and I think that that growth has spawned a new type of investors who consider that market must always grow and I think that mainly such type of investors invest in various projects without making a market research by hoping that eventually market will grow again and they will be in a plus but it is a failing approach on investing. Well, dear investors, be careful and invest only in good and prospective projects.

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July 24, 2018, 09:26:47 PM
 #21

Because most do not know what they’re investing in and would rather listen to the crowd. What happens then? Prices crash once you’ve bought into it. Taking a loan or using all your life savings can be hugely risky, especially if you do not have the prerequisite knowledge on the tech and the coins. Be informed. Ask the right people. Arm yourself with knowledge before jumping on the hype-wagon. This would significantly reduce your risk and most importantly, position you to invest in the long-term fundamentals of the technology.
Yes, I completely agree with you. The crypto market is very risky. I wouldn't advise to invest all the capital in it. Nobody knows that he will be with crypto-market after a while. Beginners who want to invest in crypto shouldn't do hasty steps in investments. Everything needs to be studied in detail!
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July 24, 2018, 09:29:12 PM
 #22

I think why should not be the question here, but rather when, haha. So, when, if not now. We live in a digital era and since the advent of the internet, people have been trying to find new ways for technology to advance. We need decentralized systems that will be in the hands of the people rather than rich corporations and the elite. The revolution has begun.

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July 24, 2018, 09:43:04 PM
 #23

Crypto has been in the news much more often recently, so people who otherwise did not know about crypto are finding out about it and getting involved. They follow any type of crypto advice that they see, whether it is good or bad advice unfortunately, which I think it causing more people to get involved and to begin to generate more hype. As more altcoins are developed every day, that also leads to more hype because there is something new and exciting happening, and the market is unpredictable but can lead to high values. I think all of these factors contribute to crypto hype.
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July 24, 2018, 09:43:26 PM
 #24

It's too easy for them to get into the wrong hole, put money in one basket and after dropping drastically they will only sell it, for me it will continue like that without thinking about what to do in this crypto market, I don't think of it as hype but justice which always revolves around the market to be more vigilant about unnatural greetings, don't be too hasty, according to your own knowledge it will develop in the future, buy and hold for the long term.
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July 24, 2018, 09:45:20 PM
 #25

Hype is important also and in helps to move market prices. Anyways, we aren't have stabilize market and everything will be change directly especially when bitcoin pump. I know some people never knows about this, and for sure people are now excited to see bitcoin price reaches $20k again.

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July 24, 2018, 09:54:55 PM
 #26

Taking a loan or using all your life savings can be hugely risky, especially if you do not have the prerequisite knowledge on the tech and the coins.
This is a very risky move and only noobs do this.

Why would you put all in if you don't know what you are gambling? crypto isn't about one day investment or an overnight success.

But you can make much overnight if you know how to trade and how to choose the potential coins that are really making that much.


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July 24, 2018, 09:58:46 PM
 #27

There is nothing to hype or exaggerate, all that happens upon the demand to the supply availability. At times can experience good price pumping which takes place in a gradual manner. Similarly when there is unexpected growth and the price peaks certain group of people term it a hype which is not fair and for this it is a must to learn better about bitcoin and the way it grows.

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July 24, 2018, 09:59:01 PM
 #28

Last year was a bench mark year for cryptocurrencies, a lot of projects were launched last year compared to a few years ago when there were less than 50 Cryptos.
The boom started with the last bill run and a lot of people who got into the good and even average projects made very good ROI. this has caused it for people to think that just about any project out there can replicate those results but that is not the case and a market correction followed by a year bull run has brought the total market cap to new lows making it hard for even the good projects to Remain with positive ROI.
It is all hype

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July 24, 2018, 09:59:59 PM
 #29

Also invest what you can afford to lose. Never take a loan or mortgage to invest in crypto. As these is a very high risk high reward asset class. As crypto is not always going up, there also time that they will plunge drastically and if you have loan to pay, you are force to sell your tokens at a lower price. That is why taking loan is not advisable.

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July 24, 2018, 10:04:30 PM
 #30

Because most do not know what they’re investing in and would rather listen to the crowd. What happens then? Prices crash once you’ve bought into it. Taking a loan or using all your life savings can be hugely risky, especially if you do not have the prerequisite knowledge on the tech and the coins. Be informed. Ask the right people. Arm yourself with knowledge before jumping on the hype-wagon. This would significantly reduce your risk and most importantly, position you to invest in the long-term fundamentals of the technology.
That is why you should research yourself when you plan to invest, don't rely on people here because they are just doing hype to promote the tokens that they have. Once they see that the price of token they had pump then they will dump causing the token's value to dropped.
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July 24, 2018, 10:04:35 PM
 #31

Nice sentiment but that will not stop they hype cycles with crypto.  There have been so many 10x and 100x in crypto coins that now everyone wants to get in and be a part of that next big thing.  The fear of missing out (FOMO) is very real and people need to consider this when getting into a coin.  If you can get into a coin cheap or at no cost then you can capitalize on this but I think/hope that developers will figure a way to guard against this.  

It's too common right now for people to play in a bounty and then dump it and move on.  Meanwhile, people that bought the coin early lose a lot.

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July 24, 2018, 10:06:59 PM
 #32

Totally agree with you. Cryptocurrency is a very interesting topic. This market is largely the same as other markets. He does not forgive beginners. You have to be prepared for everything.

Be always knowledgeable in everything you wanted to, riding in the hype for anything is like getting in the trap. Read, research, ask for your circle of friends who already engaged in that business and of course learn step by step and always have patience in this community so that we can achieve our goals.
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July 24, 2018, 10:35:10 PM
 #33

People want to get fast money and don't want to learn a bit. I know at least two persons who invested in BTC without any knowledge about technology. They earned money, but still don't know about blockchain advantages.
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July 24, 2018, 10:38:53 PM
 #34

Inflating the ICO campaign at the moment is very much happening, and you need to be alert to that. Many real campaigns are not potential but the hype is huge, and the community is powerful, so it attracts many people to invest. The Shivom project, for example, reached a hard cap but the exchange rate on the listed exchange floors did not reach the price when the ICO Token was sold.
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July 25, 2018, 09:57:10 AM
 #35

Because crypto is the key to our bright future and it has brought a lot of goods in hte world eve now. And of coursr it gives for people a chance to earn money.

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July 25, 2018, 09:59:42 AM
 #36

Crypta became popular because of people who raised a huge amount of money. Everything went from mining to trading.
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July 25, 2018, 10:08:36 AM
 #37

Taking a loan or using all your life savings can be hugely risky, especially if you do not have the prerequisite knowledge on the tech and the coins.
This is a very risky move and only noobs do this.

Why would you put all in if you don't know what you are gambling? crypto isn't about one day investment or an overnight success.

But you can make much overnight if you know how to trade and how to choose the potential coins that are really making that much.


Also there are huge risks, you can suddenly get rich and just as suddenly lose everything. That such did not happen you must to study crypto constantly and aspire to be better.


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July 25, 2018, 10:15:56 AM
 #38


All because of advertisements from person to person. Someone told you that it's easy to make a lot of money here, you told someone else and eventually a new person comes and with a high probability of losing money. It's all about the unconsciousness and greed of people for fast money.
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July 25, 2018, 10:18:24 AM
 #39

I think there is still much hype around it since this is the future of economic evolution. There will be a time that everybode will be using crypto, one way or the other. Since this is just the beginning the pioneers want to jump on the bandwagon but don't know where to begin. I think it is a great opportunity to learn, do research on individual projects and find the hidden gems. There is still a lot of potential to 10x or even 100x your initial investment if you choose wisely and have patience.
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July 25, 2018, 12:11:30 PM
 #40

When there's hype, it's always good. A good hype or not, that's another question. When there is a hype means the topic is alive and constantly discussed. Therefore, more people have it more and more often at the hearing. And the more people learn about the crypt, the faster the cryptocurrency market itself grows. Everything is natural.
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July 25, 2018, 10:47:10 PM
 #41

Taking a loan or using all your life savings can be hugely risky, especially if you do not have the prerequisite knowledge on the tech and the coins.
This is a very risky move and only noobs do this.

Why would you put all in if you don't know what you are gambling? crypto isn't about one day investment or an overnight success.

But you can make much overnight if you know how to trade and how to choose the potential coins that are really making that much.
Also there are huge risks, you can suddenly get rich and just as suddenly lose everything. That such did not happen you must to study crypto constantly and aspire to be better.
That's the risk if you don't know what you are investing. You're going to gamble your life savings for something that you don't know?

It's okay to be rich, there's nothing bad with that as long as you are following the process but if most of the time you are only thinking about shortcuts.

You'll be ending bad.

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July 25, 2018, 11:10:30 PM
 #42

This is new and interesting money, an experiment for the world economy and digital money, the opportunity to profit from investment
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July 25, 2018, 11:28:44 PM
 #43

This is not hype, its gradually getting real than ever, the way internet took the world by storm, so is cryptocurrency right now. You just need to know your onions, know what you are investing in, do thorough research before investing, there is alot of money to be made if you really have the knowledge.
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July 25, 2018, 11:31:08 PM
Last edit: July 26, 2018, 12:48:42 AM by andthereyou
 #44

Because most do not know what they’re investing in and would rather listen to the crowd. What happens then? Prices crash once you’ve bought into it.
After the prices falling those people were complaining in telegram groups of the projects they had invested.

Taking a loan or using all your life savings can be hugely risky, especially if you do not have the prerequisite knowledge on the tech and the coins.
That's why the best thing to do is to invest only your extra money.

Be informed. Ask the right people. Arm yourself with knowledge before jumping on the hype-wagon. This would significantly reduce your risk and most importantly, position you to invest in the long-term fundamentals of the technology.
Researching the project you are going to invest is the correct way to do before putting any money in the project.
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July 25, 2018, 11:34:04 PM
 #45

There is hype in crypto because it is a global market where anyone can enter and make an investment and have a huge profit, or take a huge loss, there has never been anything like this before, so i believe that's why it is getting this hype.
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July 26, 2018, 12:53:55 PM
 #46

the hype is only for the fools, they are all beginners, they are fooled. those who build the hype just seek to profit from their foolishness by cheating, and those who are fooled into thinking will feel benefited from the hype. they need awareness
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July 26, 2018, 12:56:10 PM
 #47

The thing is that very few people are still investing specifically in the crypto-currency market, so those who find out about this are beginning to tell their friends and so on. Investing brings money, but only in rare cases and only to those who really understand what's wrong.
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July 26, 2018, 04:42:17 PM
 #48

Because most do not know what they’re investing in and would rather listen to the crowd. What happens then? Prices crash once you’ve bought into it. Taking a loan or using all your life savings can be hugely risky, especially if you do not have the prerequisite knowledge on the tech and the coins. Be informed. Ask the right people. Arm yourself with knowledge before jumping on the hype-wagon. This would significantly reduce your risk and most importantly, position you to invest in the long-term fundamentals of the technology.

Those are true. But there differences between the soures of money came to crypto. Some are smart money following bot way beneficial projects, some are coming and going for just its ofwn benefits, some are like you said.

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July 26, 2018, 05:23:31 PM
 #49

because there are many self made millionaires in crypto world that is why the fools fool the fools to a quick rich scheme where the fools believe the fools that they will be like their idols. to sum it up because of greed.
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July 26, 2018, 05:31:09 PM
 #50

There is hype in everything but lots of people want to continue the hype in the crypto because they can make money from the hype and they are unfortunately not the minority.

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July 28, 2018, 12:50:31 PM
 #51

Some people are too coward to take risks and some people are too careless to jump in because of listen to crowd. Both of them aren't good, so I will take the middle way. Brave enough and be careful, that was the best choice.
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July 29, 2018, 07:45:41 AM
 #52

Before coming to Crypto-space, they must know the terms to be a success. Be cautious about the risks you may face. Be enlightened with the knowledge you must acquire to understand, face, negotiate and cope up with this world. Thus you may shine and rise with all your potential abilities. Not to flow in the air of flatteries or other falses.
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July 29, 2018, 12:39:30 PM
 #53

yes I understand your point, I can't disagree with the fact that hype has a huge impact on this market and I think this kinds of problems are becoming very normal these days on online trading sites but the authority of cryptocurrency are trying their best to slove this issues hopefully they will find a solution very soon
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July 29, 2018, 12:43:54 PM
 #54

because this cryptoworld are new , so people just hype with this and do invest , this give opportunity because it will come future payment on this world
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July 29, 2018, 12:58:40 PM
 #55

I don't think that now there's a large hype around crypto. Last year, people began to learn that someone had made a profit in the tens, and some hundreds of times. Everybody wants to get money quickly. They entered the crypto and hoped to receive thousands of percent of profits, but they were simply cut. Now such stormy interest has greatly diminished and people are wary of approaching to the process

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July 29, 2018, 01:09:52 PM
 #56

First of all, because here is the money to spin. Big money. And where they are, there are always a lot of those who want to make it rich. I think from here hype. And as many people are interested because the industry cryptocurrency is the newest and it uses the latest technologies that used to be. have not been used anywhere.

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July 29, 2018, 01:12:55 PM
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So much hype around crypto is because whales got many crypto at low prices and now they can make money selling them to newcommers...But blockchain tech is really good also and this will be future

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July 29, 2018, 01:34:33 PM
 #58

people are taking about crypto hype but I don't know if they really have personal experience about it or not cause I still didn't get any confirmation from the valid sources and even no news were published based on this topic, it is a very systemic place and the athourity provides best security so if something like this is actually happening then it is really unfortunate
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July 29, 2018, 01:44:22 PM
 #59

Crypto crash or correction is very usual specially if there will be a hype on a specific altcoin. There actually are a lot of factors and reasons why they will be on hype and went up a price surprisingly like newly listed to a trading platform, strong partnerships, coin swap, airdrops and many more. These factors were being always used by most investors and it actually is one of the most profitable way. That is going with the flow or the crowd. The result? FOMO
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July 29, 2018, 02:59:46 PM
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Still cryptocurrency is a complicated for newbie and frauds are spreads here . Many newbie invest on crypto world without having enough knowledge about the project and in the end sometimes the lost their wallets.
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July 29, 2018, 04:42:31 PM
 #61

I totally  have the same opinion with you. Cryptocurrency is a very attractive topic. This market is largely the same as other markets. He does not excuse beginners. You have to be prepared for everything.
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July 29, 2018, 04:47:53 PM
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Because most do not know what they’re investing in and would rather listen to the crowd. What happens then? Prices crash once you’ve bought into it. Taking a loan or using all your life savings can be hugely risky, especially if you do not have the prerequisite knowledge on the tech and the coins. Be informed. Ask the right people. Arm yourself with knowledge before jumping on the hype-wagon. This would significantly reduce your risk and most importantly, position you to invest in the long-term fundamentals of the technology.

Because people are hungry for quick and easy money. Especially when your friend tells you how he made a lot of money with almost nothing. Unfortunately, people do not understand that when they enter the market on a hype, then at this time you need to sell and not buy.
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July 29, 2018, 04:52:13 PM
 #63

because its like a revolution like finding Internet. crypto and blockchain is useful for logistics, banking and lot more real world usecases. even it saves huge amount of money. so lot of companies are now looking to adopt crypto for their daily work.

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July 29, 2018, 04:55:49 PM
 #64

because it involves $ and tech. there's actually a real use for blockchain, + it's a never-before-seen asset class, not hard to see why it attracts so much ppl - tech enthusiasts, business folks, speculators.
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July 29, 2018, 08:31:39 PM
 #65

Mostly newbies enticed by others earning and they usually took risk on others word and end up in loss. Many of us who are trading from long time they know sometimes we earn unexpected ROI from some coins that's the hype in crypto market. So many traders trade like a gambler in hope of huge earning & they end up in loss. So one should invest money wisely first learn the art of trading and analysis then jump into the market. Understand the market fundamentals it's not easy money.

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July 29, 2018, 08:33:22 PM
 #66

there is no hype at all right now comparing with last year. it was very popular even on tv last year. we were watching news about bitcoin everyday on tv channels. i think bitcoin and crypto market are a bit underrated this year.
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July 29, 2018, 08:43:17 PM
 #67

there is no hype at all right now comparing with last year. it was very popular even on tv last year. we were watching news about bitcoin everyday on tv channels. i think bitcoin and crypto market are a bit underrated this year.
if not only negative information sounds, And even that information that deceives new users, then the crypto-currency market will feel the lack of demand for crypto currency. This in turn affects the pricing of many coins and will lead to the fact that the market will be in red.

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July 29, 2018, 11:49:20 PM
 #68

Enter the word "bitcoin" in the Google search box and you will be amazed by the abundance of results. Bitcoin, blockchain and cryptocurrencies are rock and roll of today's youth. If the popularity of bitcoin in Google Trends begins to grow, it will be a good indicator of the return of investors to the market. Part of the society treats bitcoin negatively, but the level of interest in it clearly shows that the crypto currency has everything necessary to enter the mainstream.

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July 29, 2018, 11:53:56 PM
 #69

Off course when there are news when couple of people start buying plenty people start buying and the price goes up just because of the hype. Its still early and there no coins that are in real use case except exchanges. Soon it will change and it will bring more stability. I feel 2019 will be the year of beginning of adoption
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July 29, 2018, 11:54:06 PM
 #70

So much hype around crypto is because whales got many crypto at low prices and now they can make money selling them to newcommers...But blockchain tech is really good also and this will be future

That's one way of giving opportunity to new learners of crypto, so hype will always happen in the market price. Buying and selling using hype prices definitely attracts new investors as well as, triggers pumping price if other great traders ride on that strategy. Although this had negative feedbacks, but it couldn't be stopped in the reality of the situation.
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July 29, 2018, 11:55:22 PM
 #71

We can not say that there is any movement of hype this year, on the contrary, because the market is very volatile and still in its bearish movement
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July 30, 2018, 05:56:42 AM
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From my perspective i think hype is increase because investors are investing lots of money on this market. But i believe if blockchain technology improve then these type of fraud will reduce also.
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July 30, 2018, 11:17:23 PM
 #73

As the days are passing, cryptocurrency market is getting more exposure. People now believe it to be an easy way of income without knowing to the depth of it. They are not learning the basics of cryptocurrency rather making a hype of it due to circumstances.
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July 30, 2018, 11:31:49 PM
 #74

Don't buy crypto for loaned money, it isn't smart decision. My personal opinion is that there is more hype around crypto because of significant price increase. people become greedy and crypto turns out market of hopes.
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July 30, 2018, 11:37:35 PM
 #75

There is so much hype in crypto because they wanted to earn money from hype. Catch the opportunity to earn for some since price is volatile they can have a profit.
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July 30, 2018, 11:54:12 PM
 #76

People nowadays are too lazy to make their own research. Most of them rely on other people's opinions and reviews. Not all of the posts here are true and not everything you can get from reviews from people is really good as it is. Because people are lazy, they are easily fooled by blandishments and lies. This in turn results to loss and regret.

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July 31, 2018, 04:47:41 AM
 #77

The question should be why wouldn't there be a hype. This is an intangible currency, which was created by an anonymous person or group. On top of that, it is limited in numbers. And this coins can be used instead of a fiat. So, the hype is justified.
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July 31, 2018, 04:53:34 AM
 #78

I think there is no hype, crypto lives in the reality of decentralized finance that is characterized by technological innovations united by software placed in different parts of the world and contributes their own quota for solution development and is paid for by their technology.
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July 31, 2018, 04:57:17 AM
 #79

More and more people choose to join ICO because of the potential huge profits in the future.
But most of the time it looks like a ponzi scheme, so I don't like ICO.

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July 31, 2018, 05:00:59 AM
 #80

I agree. Knowledge is needed before we invest on something. I think majority of investor knows the risk of crypto and they are willing to place their money on it. That is their right and if they decide to dump their coin, we don't have the right to stop them. They can sell it anytime and the best thing that we could do is to buy it from them. Without those weak hodlers, we can't buy coins at a cheap price.  Smiley

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July 31, 2018, 05:27:18 AM
 #81

People have seen now what crypto can do. They have seen people got rich with crypto. That's why there are lots of people are coming to the field. But unfortunately most of them leave the field with huge losses. That's due to the lack of knowledge about the industry of them. As the OP said, please get some knowledge before joining the crypto field.
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July 31, 2018, 07:19:41 AM
 #82

People have seen now what crypto can do. They have seen people got rich with crypto. That's why there are lots of people are coming to the field. But unfortunately most of them leave the field with huge losses. That's due to the lack of knowledge about the industry of them. As the OP said, please get some knowledge before joining the crypto field.
Such a big hype around the cryptocurrency only because it can give fast money, which in another area is difficult to do, a simple man in the street.
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July 31, 2018, 07:45:36 AM
 #83

Because most do not know what they’re investing in and would rather listen to the crowd. What happens then? Prices crash once you’ve bought into it. Taking a loan or using all your life savings can be hugely risky, especially if you do not have the prerequisite knowledge on the tech and the coins. Be informed. Ask the right people. Arm yourself with knowledge before jumping on the hype-wagon. This would significantly reduce your risk and most importantly, position you to invest in the long-term fundamentals of the technology.

You say the right things. Do not forget that most people here are present for the purpose of earning money and when they see in their eyes the money they become is not interesting to learn, they want to make money right away.

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July 31, 2018, 09:15:50 AM
 #84

You're right. In my opinion, there are two problems in the crypto-currency world that spoil the opinion about it. The first is the scammers who cheat and take away from people their honestly earned money. And the second problem is lazy people who want fast money. But they are not ready to study the project and the team.
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July 31, 2018, 09:39:50 AM
 #85

It's what you pay attention to, because you're into crypto. There's always hype where there's money. Stocks: there's been so much investment frauds in history and about 20 of them were very large scale (like BERNIE MADOFF Pyramid scheme) with people losing billions of dollars, each year more than 30 million consumers fall victim to investment frauds. Bonds and real estate scams with their own more than 10 different schemes. So crypto hype is just a regular thing, it only means that cryptocurrencies are in the spotlight. 
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July 31, 2018, 09:44:19 AM
 #86

Because most do not know what they’re investing in and would rather listen to the crowd. What happens then? Prices crash once you’ve bought into it. Taking a loan or using all your life savings can be hugely risky, especially if you do not have the prerequisite knowledge on the tech and the coins. Be informed. Ask the right people. Arm yourself with knowledge before jumping on the hype-wagon. This would significantly reduce your risk and most importantly, position you to invest in the long-term fundamentals of the technology.

There are a lot of examples how cryptocurrencies made ordinary untalented people fabulously rich. Those examples are like a miracle for many people who want to become rich. They are following their desires.
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July 31, 2018, 09:49:22 AM
 #87

Yes, agree with your opinion. For novice investors, most of them follow suit and listen to others' opinions.
I think that hype will not stop. As an investor, you should learn how to judge risk and rational investment.
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July 31, 2018, 09:53:06 AM
 #88

I also think that should not be taken for a first draft which promises a lot of money but doesn't explain how he earned it. You should be careful.
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July 31, 2018, 09:53:15 AM
 #89

this is not hype that is increasing, it is spam advertisement of altcoins that are getting dumped. in fact the more an altcoin is being talked about shows that the less good an investment it is. specially when you see topics by newbies around the forum talking about that coin. it is always because they are experiencing a lot of loss and want it to stop but don't know what else they can do but spam about it.

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July 31, 2018, 03:42:20 PM
 #90

Well its a pretty new concept and a lot of potential profit to be made, if making right investments. Also Bitcoin in a few years bounced from cents to being worth thousands. Further market is growing, still not mature, a lot new altcoins are coming out and developers are always looking for new improvements, which will deff help increase standard in the industry.
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July 31, 2018, 03:52:54 PM
 #91

Yeah, you are absolutely right, good point! I also do not understand people who gets loan and go all in without knowledge or some experience. Firstly you should learn about your investment, and only then invest money what you can afford to lose!
They also wanted to ride in the rocket without completely or have less knowledge on what they are investing. That's what happen to people that got hype when they saw the price and just invested but unfortunately, price goes down and it leaves a bad impression but they didn't know it's their own fault.
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July 31, 2018, 04:03:13 PM
 #92

around money there is always a noise, although money does not like it, money likes silence. And the fact that many people buy crypto currency without understanding the details and lose their money, it is only beneficial to those who understand what they are doing.
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August 01, 2018, 01:27:13 AM
 #93

I wouldn’t say it’s the hype rather it is the technology that has generated an industry based on digital transaction and trading. In every cases of innovation of technology, there has been hype, some of them were worth the hype, some of them not. However, crypto and blockchain technology has been seeing this hype for last 6 years straight. So, I wouldn’t call it a hype anymore, it’s popularity.
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August 01, 2018, 02:49:41 AM
 #94

Because money makes the world go round. It means that crypto offers a lucrative profit and people want a piece of it. If you just made calculated efforts and investments on bitcoins and altcoins, you could easily gain money  that is even enough to purchase a lambo.
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August 01, 2018, 03:54:26 AM
 #95

Because most do not know what they’re investing in and would rather listen to the crowd. What happens then? Prices crash once you’ve bought into it. Taking a loan or using all your life savings can be hugely risky, especially if you do not have the prerequisite knowledge on the tech and the coins. Be informed. Ask the right people. Arm yourself with knowledge before jumping on the hype-wagon. This would significantly reduce your risk and most importantly, position you to invest in the long-term fundamentals of the technology.

totally agree.  there are too much hype about crypto.  but I think crypto will rule the world one day, and that day won't be far, maybe in 10 years.  don't invest all your savings into crypto, just a portion where you think you can do without.  also, diversify your funds into top coin projects so as to minimize losses and gain collectively.

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August 01, 2018, 06:29:31 AM
 #96

It’s the idea that brought so much hype in the crypto world. Although it’s very new it has great potential and cryptos make transactions safe, fast and easy. Many has made losses investing while there are others who made good profits. It’s better to if you listen to both the parties and do a bit analyzation with the data you gathered before jumping in this hype train.
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August 01, 2018, 10:25:44 AM
 #97

Because most do not know what they’re investing in and would rather listen to the crowd. What happens then? Prices crash once you’ve bought into it. Taking a loan or using all your life savings can be hugely risky, especially if you do not have the prerequisite knowledge on the tech and the coins. Be informed. Ask the right people. Arm yourself with knowledge before jumping on the hype-wagon. This would significantly reduce your risk and most importantly, position you to invest in the long-term fundamentals of the technology.
A lot of people fell for they hype, the hype is what brought so much money into the market and the whales capitalized on that. There are so many people who bought coins without even looking to check what the coins that they are buying are all about. They don't even know what cryptocurrencies are, they just think that the coins will make them millionaires overnight and now they are watching the value of their coins plummet.
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August 01, 2018, 11:37:26 AM
 #98

i think this hype thing in the crypto community is just normal wherein this is part of the strategy for new ICO that are just beginning to operate and encourage more people to participate. Hype on the crypto market is part of handling their strategy to see to it that people will be impressed on how they broadcast their project platform and what the people will be expecting if they would invest to such ICO.

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August 01, 2018, 11:39:55 AM
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Because now a very strange event is happening in the crypto-currency world, now they are trying to integrate new technologies into the crypto-currency sector, which is now developing at a great pace.
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August 01, 2018, 01:19:36 PM
 #100

The reason is that crypto is still a new project. In order to strengthen this project in the world's court and to invest more investors, this need to be done to increase crypto evaluation. There is a saying; The extent of the promotion.
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August 01, 2018, 01:51:45 PM
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i think this hype thing in the crypto community is just normal wherein this is part of the strategy for new ICO that are just beginning to operate and encourage more people to participate. Hype on the crypto market is part of handling their strategy to see to it that people will be impressed on how they broadcast their project platform and what the people will be expecting if they would invest to such ICO.


For having so much hype in crypto, I think it is a good strategy of the ICO that making more of this in order to gain more attention to the investors to really participate their projects proposals. And in this ways if some investors really find good benefits about the ICO platforms then they will eagerly invest the projects for the good intentions of making high profit with it.

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August 01, 2018, 03:14:42 PM
 #102

Because most do not know what they’re investing in and would rather listen to the crowd. What happens then? Prices crash once you’ve bought into it. Taking a loan or using all your life savings can be hugely risky, especially if you do not have the prerequisite knowledge on the tech and the coins. Be informed. Ask the right people. Arm yourself with knowledge before jumping on the hype-wagon. This would significantly reduce your risk and most importantly, position you to invest in the long-term fundamentals of the technology.

And remember that all these advices are not only for crypto-related investments! But is a practical life hack to investment of any sort! #winks

And for crypto ethusiasts like us sweedy, it would be lovely to see many of us coming together and making it easier to understand for others what it means to back up an ICO, or how does the economy of crypto work?

This is perhaps the best response for those who are interested to invest unto cryptocurrency sourced projects.  Try to guide them to whitepapers, indicators of a good project and other basic property that suggests the legitimacy of a potential investment.

And by all means, direct them to the truth of volatility of cryptocurrency. Things could go up in a snap and dip low as well in a wink.
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August 01, 2018, 03:53:24 PM
 #103

Because many people nowadays get rich because of crypto. It's unpredictable price can make anyone rich anytime.

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August 01, 2018, 10:00:57 PM
 #104

The problem is that around the crypto market there is more of a hype than real experts in trading and crypto currency. And since people have a direct impact on the market change, it makes it so unstable

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August 04, 2018, 07:17:15 AM
 #105

Because there are people doesn't know about what is crypo talk and that's why theres so much hype on cypto and when all are participatng in cryptoworld it is a big impact in the market.
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August 04, 2018, 08:15:38 AM
 #106

Because the cryptocurrency market is the future, there are many people who join the cryptocurrency market because it is profitable. And hype is also a necessity for success.

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August 04, 2018, 08:44:38 AM
 #107

Cryptocurrencies are just beginning to develop, and their popularity is associated with high volatility. This is very unusual for all financial markets in the world and therefore is of interest
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August 04, 2018, 06:18:20 PM
 #108

I think cryptocurrency wildly popular because of its availability. This can do everything and no one wants to miss the chance of quick and easy earnings on the Internet
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August 05, 2018, 01:43:37 AM
 #109

Most of the projects are only really hyped, this is very necessary in the early stage, but there is no real technology to come out and products come out, sooner or later it will disappear.
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August 05, 2018, 03:19:18 AM
 #110

The hype works like a magnet, and you just learn to maintain distance enough to observe and decise, which more and more people are doing now.
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August 05, 2018, 03:45:28 AM
 #111

There is so much hype around on crypto because there are a lot of influencers, the media, and the community. With their words alone, they can create hype that can cause attention towards crypto.



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August 07, 2018, 04:54:18 AM
 #112

I think people want to take their own benefits by spreading hype on crypto so they don't think about the people. but they don't know that what they did will give a bad impact to them and it's only a matter of time. I think we don't have to think about the hype and take it easy because if the news is not true, it will not give an impact for a long time. I am sure that there will be a good news after a bad news and this will makes people happy to see and they can make their profit again.
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August 07, 2018, 07:01:02 AM
 #113

Crypto is a new trend of people's development which could make our future life much more better with its changes in our life's organisation, I hope it will be done.
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August 07, 2018, 07:48:33 AM
 #114

before joining the cryptocurrency world we must first understand it because in it not only the benefits that will be obtained but there is also a big risk. if we don't have knowledge then we can lose all our crypto assets. don't let the world of cryptocurrency make us lose everything.
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August 07, 2018, 08:33:56 AM
 #115

Now is a good time to join the world of crypto currency. Such low prices may no longer exist in the future. But you must always remember the risks and adhere to safe money management
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August 07, 2018, 09:23:55 AM
 #116

Totally agree. Invest only what you can afford to lose, especially in crypto. That is rule #1.
Rule #2 is follow rule #1  Grin
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August 07, 2018, 09:51:05 AM
 #117

Crypto currency is very popular now. After all, every day more and more applicants for the place of the owner of the crypt. And on this many earn and develop. And this hype will always spin. After all, the crypto currency is alive. And every day it changes course of its direction. Which does not leave people at peace.
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August 12, 2018, 11:05:53 PM
 #118

This isn't publicity, its bit by bit getting genuine than at any other time, the manner in which web surprised the world, so is cryptographic money at this moment. You simply need to know your onions, recognize what you are putting resources into, do exhaustive research before contributing, there is alot of cash to be made on the off chance that you truly have the learning.
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August 14, 2018, 07:24:40 AM
 #119

Crypto's hype is obvious because everyone wants to get money and especially it will be easy for those who knows enough about computers and modern systems.
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August 14, 2018, 08:00:28 AM
 #120

basically, the world of cryptocurrency is a world that full of advantages and risks. if we can't use it properly then we will get a risk. the risk that we will get is the loss. it all depends on how we can manage our crypto assets well. if we can keep it well then you will get many benefits.
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August 14, 2018, 08:17:48 AM
 #121

In my opinion, the most important thing for novices is their lack of knowledge but they enjoy the benefits. So they make mistakes when investing. In order to be successful in the cryptographic market you need continuous learning.
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August 14, 2018, 08:18:54 AM
 #122

Crypto's hype is obvious because everyone wants to get money and especially it will be easy for those who knows enough about computers and modern systems.
agree with this post, everyone wants to learn crypto because they want to get money quickly and not learn how the system works.
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August 16, 2018, 04:09:34 AM
 #123

because crypto is the key to our bright future .
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August 18, 2018, 04:01:33 AM
 #124

Crypto's hype is obvious because everyone wants to get money and especially it will be easy for those who knows enough about computers and modern systems.
agree with this post, everyone wants to learn crypto because they want to get money quickly and not learn how the system works.

I hope that people can realize that there is no quick money, they need to follow the process and there will be a time for them to make money and they don't have to cheat people to get their money. besides that, if they still doing this, I am sure that in the future, they can get the same experience like the people that they cheated and even they will get the very bad experience because they cheat other people.



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August 18, 2018, 07:56:29 AM
 #125

So that we are not monotonous in investing, hunting Bounties, Trading and others that are in the Crypto world. Lots of coins like Bitcoin, Ethereum, NEO, EOS and others. because they are both a great opportunity for us to seek profit. and not just monotone and settling on one coin like Bitcoin. then if so you will not be able to develop in the crypto world.
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August 19, 2018, 05:38:19 AM
 #126

I wouldn't call it a hype. I'd say that's compulsion. Advertising inspires people that you can earn a lot of money on cryptocurrency.
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August 19, 2018, 05:43:20 AM
 #127

Because most do not know what they’re investing in and would rather listen to the crowd. What happens then? Prices crash once you’ve bought into it. Taking a loan or using all your life savings can be hugely risky, especially if you do not have the prerequisite knowledge on the tech and the coins. Be informed. Ask the right people. Arm yourself with knowledge before jumping on the hype-wagon. This would significantly reduce your risk and most importantly, position you to invest in the long-term fundamentals of the technology.

This is not simply HYPE for HYPE's sake. The "hype" surrounding crypto is well warranted because it is something that has value merited by it's potential utility to change and improve the financial and overall global market economies.

Sadly, some scam projects/ICOs use this method to attract victims at the guise of high yield investment programs (HYIPs). Truly education is the best way to not fall victim to these scams.
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August 19, 2018, 05:48:23 AM
 #128

The hype is all over crypto because its a brand new technology which far exceeds the paper bills we are using.  If we do manage to get free money the implications for humanity will be huge. 
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August 19, 2018, 05:52:28 AM
 #129

I think there is nothing that wrong with the hype because, people tend to hype it based on the money they've harnessed from it previously. But the truth remains that, never fall victim of following the crowd. Once any project is being overrated, in my humble opinion, I believe there is a fishy underlying factor.
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August 19, 2018, 05:56:58 AM
 #130

I totally agree with you. Many people fall victim to the hype surrounding every cryptocurrency-bubble. There is always somebody captured by FOMO (fear of missing out), buying massively in at the peak of a bubble, just in hope to make quick money, while not understanding cryptocurrencies at all. That’s a bad reason, don’t do this. Learn before you invest. If you want to invest in cryptocurrencies, Bitcoin is still a standard item of every portfolio but it is no longer the onliest asset. In every well-balanced crypto-portfolio today you find other coins or alt coins. You just have to read and do your research before investing your money.
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August 19, 2018, 05:58:36 AM
 #131

Simply because people want to earn money in shor term without much effort so they want to invest on the crypto currencies and make money here but this ks the reason many people losing their capital they were just trapped by the strategies of whales they need to follow the rules before investng here.
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August 19, 2018, 06:02:08 AM
 #132

Because most do not know what they’re investing in and would rather listen to the crowd. What happens then? Prices crash once you’ve bought into it. Taking a loan or using all your life savings can be hugely risky, especially if you do not have the prerequisite knowledge on the tech and the coins. Be informed. Ask the right people. Arm yourself with knowledge before jumping on the hype-wagon. This would significantly reduce your risk and most importantly, position you to invest in the long-term fundamentals of the technology.

This is not simply HYPE for HYPE's sake. The "hype" surrounding crypto is well warranted because it is something that has value merited by it's potential utility to change and improve the financial and overall global market economies.

Sadly, some scam projects/ICOs use this method to attract victims at the guise of high yield investment programs (HYIPs). Truly education is the best way to not fall victim to these scams.
Honestly, people are now getting hyped of the blockchain and not the cryptocurrency anymore, some company proves that blockchain is useful to solve some problem.
theres some company out there that have already adopted blockchain for their usage in their company and it seems that everything working very well.

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August 19, 2018, 06:18:33 AM
 #133

Because most do not know what they’re investing in and would rather listen to the crowd. What happens then? Prices crash once you’ve bought into it. Taking a loan or using all your life savings can be hugely risky, especially if you do not have the prerequisite knowledge on the tech and the coins. Be informed. Ask the right people. Arm yourself with knowledge before jumping on the hype-wagon. This would significantly reduce your risk and most importantly, position you to invest in the long-term fundamentals of the technology.
And you are sure that informed people know the final price for a coin and can be sure that tomorrow there will not be another adjustment, which will reduce it even more. I think that while you can only guess about the movements of the market, and about the prospects of coins can be read on any site, about all the benefits.
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August 19, 2018, 07:12:15 AM
 #134

There are many hyoe here about the crypto because of the media. Media really can be able to spread all things and information about the crypto and all projects very quickly. the hype is that based on the people experience, positive issues, and also some great promotion offered by the projects or crypto holder. However, be careful with the hype and stay calm and wise in crypto.
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August 19, 2018, 07:15:12 AM
 #135

All want easy money if earlier it turned out-that now already isn't present.You need more extensive knowledge and skills to earn.
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August 19, 2018, 07:17:43 AM
 #136

in the world of cryptocurrency, we really need to know what will be obtained in it, such as the profit and the risk. there are many risks that can be obtained in the cryptocurrency world if we are not careful. but if we can use the cryptocurrency world well like reading the market well then we will get the benefit.
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September 15, 2018, 06:10:13 PM
 #137

Because most do not know what they’re investing in and would rather listen to the crowd. What happens then? Prices crash once you’ve bought into it. Taking a loan or using all your life savings can be hugely risky, especially if you do not have the prerequisite knowledge on the tech and the coins. Be informed. Ask the right people. Arm yourself with knowledge before jumping on the hype-wagon. This would significantly reduce your risk and most importantly, position you to invest in the long-term fundamentals of the technology.
Yes, I agree with you.  Cryptocurrency, blockchain is a completely new and very interesting topic.  If you start work in this direction, you must first collect and study a lot of information.  An unprepared person can make mistakes, and lose a lot.
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September 23, 2018, 06:23:56 AM
 #138

The crypto currency market is a very young industry, but this industry needs the right legislation. Then the crypto currency will become a part of our daily life

* right legislation * for what?
All governments have been out of hand for cryptocurrency and if there is a problem the owner can sue without a third person choice.

The core is still cautious and alert to the SCAm caused by cryptocurrency.
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