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Author Topic: Honestly, do you guys think cryptocurrencies will be gone anytime soon?  (Read 1130 times)
Eugenar
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October 16, 2019, 10:32:15 AM
 #41

I haven't been trading my bitcoins and cryptos since this year begins, but I have noticed that the hype train is slowing down since then, compared to last year. I want some honest opinion about the future outlook of BTC or crypto per se. Should investors invest in it ?

if we'll going to look beyond, if cryptocurrency will be gone, technically the reason might be a strong massive super computer that can decrypt better than the way how crypto encrypts data. One possible machine could be a quantum computer, with its powerful processing power, it might surpass the hashpower of transactions and mining. But still, there's no concrete proof about this speculation.
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October 16, 2019, 10:36:07 AM
 #42

I haven't been trading my bitcoins and cryptos since this year begins, but I have noticed that the hype train is slowing down since then, compared to last year. I want some honest opinion about the future outlook of BTC or crypto per se. Should investors invest in it ?
It's not a surprise that hype is long gone. But slowly, bitcoin will rise again as we approach the age where younger people with early access to technology are going cashless, and there's where bitcoin might come into play.

Altcoins, on the other hand, is for me not that good of an investment for long-term holding. It's used more often in exchanges to bitcoin and to other major altcoins such as ETH, XRP, etc. BTC would still lead the race and has a higher chance that would be used as an asset/investment or sometimes payment rather than these altcoins.

So, bitcoin won't be gone anytime soon. It's too early to say, and quite impossible if you look at the way people in this generation live.



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October 16, 2019, 11:23:08 AM
 #43

I haven't been trading my bitcoins and cryptos since this year begins, but I have noticed that the hype train is slowing down since then, compared to last year. I want some honest opinion about the future outlook of BTC or crypto per se. Should investors invest in it ?

The hype train is sleeping but it does not mean that cryptocurrency is dying. Without the hype the volatility is still there and the market is still going on. Still trillions of dollars are being invested in cryptocurrency and that is why as long as people continue to use and trade cryptocurrency it will continue to survive. If cryptocurrency will be gone it will be not now but maybe a number of decades in the future.

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October 16, 2019, 11:34:47 AM
 #44

yes why not, if I choose to invest bitcoin I will continue to do.  but if alt I'm not interested. then why is the reason to stop investing in bitcoin if it's just a matter of current prices I think it's no big deal because it's a cycle. or think bitcoin or cryptocurrency will collapse suddenly, you think too far. in fact bitcoin has never been touched below 1K in last cycle.
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October 16, 2019, 11:39:03 AM
 #45

I haven't been trading my bitcoins and cryptos since this year begins, but I have noticed that the hype train is slowing down since then, compared to last year. I want some honest opinion about the future outlook of BTC or crypto per se. Should investors invest in it ?

The hype train is sleeping but it does not mean that cryptocurrency is dying. Without the hype the volatility is still there and the market is still going on. Still trillions of dollars are being invested in cryptocurrency and that is why as long as people continue to use and trade cryptocurrency it will continue to survive. If cryptocurrency will be gone it will be not now but maybe a number of decades in the future.
Indeed, crypto will not die due to its current situation. Its price is decreasing but it doesnt mean that it will never woke up from below. Bullish market is yet to come, we will see bullish market again soon but for now, dont ever think that crypto will die anytime soon due to this reason. Crypto is an investment that existed over a decade. It wont last until today if it is just a bubble.
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October 16, 2019, 12:13:23 PM
 #46

if investing with bitcoin surely there are still many investors who have a lot of money, they are very interested and want to have a part of bitcoin than they invest fiat currency or with the central bank system, because they are investors who are very confident with bitcoin because bitcoin is a good coin to invest for a long time and they hope that the price of bitcoin in the future will be more expensive.

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October 16, 2019, 12:22:00 PM
 #47

I haven't been trading my bitcoins and cryptos since this year begins, but I have noticed that the hype train is slowing down since then, compared to last year. I want some honest opinion about the future outlook of BTC or crypto per se. Should investors invest in it ?

In my own view, cryptocurrency especially Bitcoin can be better without the hypes and exaggerations that characterized the market in 2017 and early part of 2018, we don't need those for the survival and eventually massive adoption of Bitcoin as they are just hampering the effort to educate people on things that Bitcoin is representing. Now, as to many alts, I am sure the big reason why there seems to be a downward trajectory for their interest is that people are already tired of supporting projects that are not performing well in the market so there is a need for alts to shape up or be ship out to nowhere.
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October 16, 2019, 12:27:38 PM
 #48

If people did not believe in cryptocurrencies these digital currencies would be long gone but what I see is the opposite, a strong support base and more people eager to use them which has the not going anywhere written allover it.
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October 16, 2019, 12:33:16 PM
 #49

According to me, the trend of creating all the fake tokens and forks of coins we see must be gone for the greater good as the projects associated with them never fulfill their promises.
There is no doubt that bitcoin would never lose its userbase but I have a little concern regarding the recent news about improved supercomputers capable of breaking cryptographic functions, which actually lay the foundation for bitcoin and other blockchain use cases.
A person who gets involved in cryptocurrencies never really leaves this ecosystem and I sense no slowing down of this.

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October 16, 2019, 01:19:16 PM
 #50

I think these times are just the right times for investing in Bitcoin. In my opinion, Bitcoin is in preparation phase for a new bull run now. I think Bitcoin will continue to accumulate until at the latest Bitcoin halving and then the bull run will start.

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October 16, 2019, 01:19:58 PM
 #51

I haven't been trading my bitcoins and cryptos since this year begins, but I have noticed that the hype train is slowing down since then, compared to last year. I want some honest opinion about the future outlook of BTC or crypto per se. Should investors invest in it ?
What?comparison against last year?are you serious about this mate?2018 is the darkest year crypto ever had and now you are saying that the growth is much better last year than 2019?nope no one will take that right
Yeah the bear seems not going out totally but still we have a great pump this year than 2018 .

Anyway if you have not satisfied to the movement of our market then why not just leave?you are free to sell out all coins so you are worry free and life would be enough than staying in crypto investing

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October 16, 2019, 01:20:42 PM
 #52

Bitcoin and Blockchain technology will last a long time I think and it will take at least another ten or twenty years for it to reach the mass adoption phase. Just like the automobile Industry and the Internet and Computers took time to become widespread, the same will happen here. As for the rest of the cryptocurrency market, no one knows as many of the projects are just tokenized startups, so we don't know if they will survive or if they will die off. Many also projects are scams as well, trying hard to take everyone's hard-earned Bitcoin in a different way. I just hope Bitcoin outlives both my Son and my future Grandkids. I am sure it will outlive me.


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October 16, 2019, 01:27:05 PM
 #53

In my view the hype of bitcoin isn't slowing down even more likely to increase but don't mean hype will be ended if the price lower than all time high and i think if you see bitcoin from only price side then you will not last long because bitcoin bringing more than it and regarding investors should buy more bitcoin or not i think it depend on them to decided whether will leave bitcoin or buy

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October 16, 2019, 01:33:42 PM
 #54

In my view the hype of bitcoin isn't slowing down
it does bro . the hype died down a little lately  . didnt you see price of btc are falling and still continues to do so but dont worry about that because btc is in control . the hype should have return the next few weeks or months  . just wait .

i see simillar topics like this lately . idk why people have suddenly think negative  . is it about the price ? they think btc is doomed and will collapse sooner or later but instead of making things negative why can they just calm down for a while . they are only going to harm btc and make it more collapse if they make such topics like this  .
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October 16, 2019, 03:35:08 PM
 #55

I haven't been trading my bitcoins and cryptos since this year begins, but I have noticed that the hype train is slowing down since then, compared to last year. I want some honest opinion about the future outlook of BTC or crypto per se. Should investors invest in it ?
By last year, I guess you meant 2017 (and not 2018 because that was a discouraging year for cryptocurrency). Well, to be honest, I think the crypto industry has come to stay. What remains now is the expected ETF the industry will join the ilks of Forex Trading and the stock market. It's just a matter of time before we arrive at that stage.

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October 16, 2019, 03:40:45 PM
 #56

There is little to no chance that crypto currencies will be gone anytime soon. Maybe many shitcoins die on the way but it is normal. Bitcoin and the other well backed projects will stay and will continue to grow. Altcoins are still waiting their bull run and are so volatile. Maybe you focus most of your investments on bitcoin. Bitcoin has a good chance of breaking resistance once again this year.

 
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October 16, 2019, 03:44:55 PM
 #57

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I haven't been trading my bitcoins and cryptos since this year begins, but I have noticed that the hype train is slowing down since then, compared to last year. I want some honest opinion about the future outlook of BTC or crypto per se. Should investors invest in it ?

Bitcoin yes. Some alts that you can look at are Ripple and Ethereum.
Ripple had great partnerships this month, one with SWIFT and the other one with Samsung.
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October 16, 2019, 04:02:12 PM
 #58

Looks like you are being struck by doubts between wanting to invest in crypto now or later. Naturally, it's possible because in your opinion the market has slowed down this year in price movements. But if compared to the previous year 2018 when bitcoin was at the lowest price, compared to now, the price is far significant in my opinion. But I'm sure Bitcoin will grow again in price, maybe you still want to monitor it

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October 16, 2019, 04:04:58 PM
 #59

There is little to no chance that crypto currencies will be gone anytime soon. Maybe many shitcoins die on the way but it is normal. Bitcoin and the other well backed projects will stay and will continue to grow. Altcoins are still waiting their bull run and are so volatile. Maybe you focus most of your investments on bitcoin. Bitcoin has a good chance of breaking resistance once again this year.
With most of the altcoins only end up into shitcoins, bitcoin is also taking another step which is close to mass adoption which only means that bitcoin is gaining even more popularity because of its potentials not just as a cryptocurrency but more of a long term investment. With this, bitcoin proves that he's not good for nothing but will forever lived as long as there are people who will chose to use bitcoin rather than other currencies.

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October 16, 2019, 04:11:13 PM
 #60

Most investors have learned the market drill. Altcoins usually end up with nothing which is a big loss if we'll invest in it. They became wiser as they seek assurance and chose only to invest in Bitcoin and other top altcoins. I guess we're not aware but there are still lots of investors who are purchasing and holding crypto. Things will surely go back to normal when the bull market comes.
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