Honestly, do you guys think cryptocurrencies will be gone anytime soon?

[Pearls Before Swine]

That hype train you refer to tends to start and stop periodically, so I wouldn't worry about the fact that the entire crypto market is going through some hard times now.  Prices are still much higher than they were a few years ago, and I don't think the bull-ish sentiment that drove bitcoin up to $10,000 has fully died down and that bitcoin and the altcoin market will resume its gains eventually.

And will cryptocurrencies be gone?  Yeah, I don't think so.  There are too many people in the world who support their existence and there hasn't been too much gov't regulation for them to disappear anytime soon.  Crypto is not in danger of an extinction event in our lifetimes, I'm fairly confident of this.

Instead of thinking of where crypto is right now as a bleak place, why not consider it as a good time to buy?  That's how I've been thinking of it.

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[ReiMomo]

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.

Well, that's right. At least they are much more aware now than before. Besides for me, that's not possible. Since crypto is an online currency and government from other countries find it illegal so they are also taking actions to stop bitcoin because they believe that it is being used by criminals and drug lords in their illegal transactions. However, let's just hope it won't happen in the future that cryptocurrency will be gone anytime soon, in a positive way of thinking Bitcoin now is on mainstream and other cryptos for the good purposes.

[Slow death]

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?

You should look at the situation as follows:

why would people buy bitcoin?

why would people buy altcoins?

In 2017 people bought lots of bitcoins and ETH to invest in the ICOs and many ICOs generated high returns, the altcoins were also generating high returns. it was a pump and dump scheme. It turns out that after a few months there were no more new investors, and many governments began to create many barriers for people who bought cryptos, and the price of bitcoin and altcoins began to fall. With the price of altcoins and bitcoin dropping a lot, it made people move away from cryptos and bitcoin.

Now the idea is that many institutional investors are entering the market and have bitcoin halving. But you have to wonder if halving really will create a big price increase or not. Bitcoin ETF has been rejected, BAKKT was not a big hit, although we still have time to see how it will be, we should not be too optimistic that the price will increase a lot because for the price to rise a lot it need a lot of demand and you never know what people think, they can invest in other assets

[Play Royal]

I think were quite a few years away yet from government clampdowns, also as for hype running out this is all part of the cycle, and Im particularly excited about next years halvening. Im expecting the next run to be in the months before/during that moment.

[thesmallgod]

Yes, I mean cryptocurrency in general, I have been only buying bitcoin so I didn't know about any other altcoins. It is so tempting to invest in them when you see 3 4x price increases.

pump and dump. dont be carried away because of that. It happens randomly to some altcoin. In fact, in some low traffic trading platform, it is very common all you need to check is the trading volume of such altcoin that gives 3 4x. My advice is that you must have a philosophy about investment and stick to it. Since you are already investing in Bitcoin, then that is good because it is the strongest crypto for now. No matter how bad the market is. BTC will recover one day. Others I cant say.

[alexsandria]

I don't think bitcoin and other cryptocurrencies available in the market will be gone anytime soon. It doesn't mean that the bull run is done then bitcoin and other cryptocurrencies are likely to die, it is just that the price now became to normalize. I mean, the price before is even smaller. Just be smart and intelligent, don't be carried away by your emotions. Buy when it is low, sell when he price is high.

[yulionoo]

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 ?

yes of course you have to invest in bitcoin. and now is the right time to buy. before the price of bitcoin rises again. bitcoin investment is certainly better than altcoin investment because altcoin is now also very weak and we risk losing it when altcoin we choose cannot develop. so in my opinion for a beginner it's better to choose bitcoin. or if you have more capital you can also try investing in altcoin. but choose altcoin at the top of the CMC list.

[Youghoor]

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 ?

are you sure about the hype train is slowing down? is either you have been out of the crypto space for a long time. This year introduced a massive hype for IEO. IEO got investors coming back to invest into projects running IEOs. Apart from that, the crypto market started rising which made people investing more and also trading more.  Cryptocurrency and bitcoin are here to stay. Cryptocurrencies are the future of money..

[Artemis3]

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 ?

I don't know about altcoins, they seem to come and go like the wind, especially all the (thousands) of lesser ones. But Bitcoin is here to stay. If a coin depends on a company to survive, its worthless.

Always make this test: Can you do something that could make the coin go? Ie. imprison somebody, or force close a company or group that would make it stop? If yes, you have your answer (hint: centralization = garbage).

What can you do to stop Bitcoin?

[clickerz]

Re: Honestly, do you guys think cryptocurrencies will be gone anytime soon?

No, but the opposite may happen. Adaptino is real.

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.

Yes, its from people support that this cryptocurrency like bitcoin continue to grow. We already know  its capability, now its time for mass adoption. This  can spread the  advantage of this crypto.

[Ailmand]

Bitcoin is too far from dying. If your basis is the price then you are looking in a wrong way. Bitcoin would have been gone long time ago since the market price of it had flanked several times before it reached the current price even it's revent ATH. Bitcoin has a long term potential and it still has a long way to go and has a lot of ways to be developed and improved.

[boltz]

We must stop to see Bitcoin as a bubble as it seems its no longer a bubble. But investors should invest in what ? In Bitcoin in general ? They are already investing but this doesn't mean that the price should skyrocket just because of this.

Personally ,I doubt cryptocurrencies will be gone anytime soon or be gone in general...we're just at the early days of adopting so we haven't even met the mass-adoption phase which I doubt it will come even in the next bull run. Just have some confidence and try to research a little longer about Bitcoin and Blockchain and you will see that this is a revolutionary technology of financial system.

[Kyraishi]

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 ?

I mean, as any form of technology, things get old, outdated and then eventually become obsolete and never used, and the people who do have them consider them to be vintage.

We've seen this with a range of tech over the years, VHS tapes, CDs and DVDs, but we've never seen it work with a financial system/payment option.

Let's see if it in the next 10 or 20 years if we see any new technologies that will look like they will replace crypto-currencies.

[Edraket31]

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 ?

I mean, as any form of technology, things get old, outdated and then eventually become obsolete and never used, and the people who do have them consider them to be vintage.

We've seen this with a range of tech over the years, VHS tapes, CDs and DVDs, but we've never seen it work with a financial system/payment option.

Let's see if it in the next 10 or 20 years if we see any new technologies that will look like they will replace crypto-currencies.

I can't imagine yet how crypto can be gone soon, it is too early for now, I know technology will be developed more but I think not for now, as we all know we are still at early stage and adaption period, so it would be great if what we will think for now is how are we going to market and help people who has no idea about it at all.

[KingScorpio]

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 europe alternative to crypto is either the nazi banking certals, the royal banking cartels or the EU communist banking cartel.

so i doubt we can do it in europe without crypto.

[Ayiranorea]

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 europe alternative to crypto is either the nazi banking certals, the royal banking cartels or the EU communist banking cartel.

so i doubt we can do it in europe without crypto.

Same is the scenario throughout the other countries. This means the growth of bitcoin will continue with time than falling to the banking industry. There is need for technology backed services to meet the needs of common people, one out of the ten who have understood the technology believes in it and starts using it. This number will increase gradually.

[cutesgirl]

Invest in bitcoin like hype where you want to raise profit with have the same risk when bitcoin down you lost your money and hype lost your money too if website scam and no paid anymore, bitcoin can be profitable if price always higher but when price down keep take save your money and sell your investment before you lost much, but in hype you can't cancel what have you invest and hope one thing you can take profit first before your investment scam.

[Oasisman]

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 your trust to Bitcoin and other alts is based with the hype, and current market situation then youre in a wrong perception. If youre looking at the historical data, every year since 2010 Bitcoin's price increase are very overwhelming. Dont just compare how popular bitcoin was now and before, you look at the movement price through charts, then you can easily identity whether bitcoin or any alts actually live longer or not.
Yet, some of the alts in the market wont probably last long, but Bitcoin definitely will.

[Golftech]

I don't think Cryptocurrency will be gone any time soon, I'm sure they will long live at least it will 5-10 next years. But if later the public wants to accept Cryptocurrency as a currency that will be used to buy anything in online or offline then Cryptocurrency will live even longer.

If the public demands to accept and adopt crypto which is very possible to happen. The fate of this industry will be in the hand of the end users that will continue to use this system. There's a lots of potential that this alternative currency will be there to stay, as long as there's people who will keep supporting this system it will not die and stay for good.

[aioc]

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 ?

Slowing down because the price is not moving at all, or there's not much big news about Bitcoin, the interest is still there, the fact that the volume is not changing and the fact that you can still trade and I can buy a lot of stuff with Cryptocurrency, if the future is bleak then it will just burst like what FUDS are predicting to happen.