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Author Topic: Honestly, do you guys think cryptocurrencies will be gone anytime soon?  (Read 1130 times)
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October 17, 2019, 11:45:29 PM
 #101

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.
The hype train was long gone after the 2017 bull run.


Quote
I want some honest opinion about the future outlook of BTC or crypto per se. Should investors invest in it ?
Since you already mentioned that you have been buying bitcoin only, maybe it's a good idea to just stick with that plan. There is a slight chance that we see altcoins pumping 3x or 4x again with the increase of bitcoin's dominance.

If you still insist on altcoins, you can follow tbct_mt2's suggestion. If you're going to ask what altcoins you should invest into, it's probably best to just look on your own because you might end up with people shilling their own bags.

The safest coins for me is bitcoin so if you will invest on cryptocurrency then better invest it on something safe & worthy. I’m not saying altcoins aren’t worthy but lets face it, no altcoin has never been so close to what bitcoin is now. We already see a lot of altcoins come and go but bitcoin is still here going stronger and stronger so might as well invest in bitcoin only or if you really want to invest in altcoins then it’ll be fine but make sure to invest on top altcoins.
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October 17, 2019, 11:54:25 PM
 #102

If you say cryptocurrency that means it includes bitcoin and altcoins. As for bitcoin, I can say that it is here to say for sure, it has been around for years now and it seems that a lot is now interested in bitcoin thus, the demand will continue to increase in the future. The only things that can make bitcoin gone is if no one will want it anymore but I doubt it. As for altcoins, it depends on what altcoin, there’s a lot of altcoin coming out and there’s already some who were gone, so if incase you’ll invest in an altcoin make sure that it is something that is worth the trust and effort or else you’ll just wasting money.
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October 17, 2019, 11:59:45 PM
 #103

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 ?

Let's put it this way, you need to continue lurking in the world of crypto for you to understand the whole aspect of involving ourselves in crypto.

If you based on the price to generalize everything, you will really end up having lots of questions and doubts about crypto as a whole. Don't know what kind of train you see for you to notice that there's no hype. Should we really need a hype in the first place?

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October 18, 2019, 01:29:31 AM
 #104

It's been over a decade already mate, cryptocurrencies is here to stay so let's all do our best in pushing the agenda of adopting cryptocurrencies in the near future. We can start by educating the very people around us such as family, friends, loved ones etc. about the use of cryptocurrencies and blockchain technology.

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October 18, 2019, 01:41:56 AM
 #105

It's been over a decade already mate, cryptocurrencies is here to stay so let's all do our best in pushing the agenda of adopting cryptocurrencies in the near future. We can start by educating the very people around us such as family, friends, loved ones etc. about the use of cryptocurrencies and blockchain technology.

Right at the moment, I cannot see or find any holes that might be the reason why cryptocurrency will be gone anytime. It is fully functional, everyone likes it, and it is a good investment platform. Even if we consider the bitcoin supply or volume to be mined will going to ran out soon, it is still profitable and expected to have huge market value in the future. Moreover, adoption to altcoin is evident and cannot be stopped.
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October 18, 2019, 01:49:43 AM
 #106

this is what is called risk and wherever the risk will always be there, this cryptocurrency currency can disappear at any time, but as long as the internet and electricity are still there then cryptocurrency and other digital currencies will not be easy to disappear.

Yes crypto currency is a risk but I think it will not disappear unless there would be no internet and electricity. As what you have said. Because the industry is still growing and growing. I think the prices will slightly grow up  it will god down for a moment but will eventually grow up again because of the number of the growing number of users. Maybe we should just help in seeing what is the scam to avoid user to be scammed so that more investor will be wanting to invest in this industry. And when that happens I think the price of bitcoin will go higher.

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October 18, 2019, 03:42:21 AM
 #107

I don't think, day by day we are getting dependent on the internet, our lifestyle, monetary facilities, security and so many aspects of our life so in the currency segment I think this cryptocurrency will be the main platform of the monetary system in the future, of course, Bitcoin will be the key to this platform, look, a lot of people who don't want to go to the Bank for reserving the money, I know a group of people who hate bank for the various reasons, they don't want to reveal their transaction to the people, in this context, cryptocurrency provides a smooth and hidden transaction opportunity, that is why cryptocurrency will be the most popular monetary tool in the future.

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October 18, 2019, 08:56:47 AM
 #108

I think Bitcoin will bouncing off the $20,000, but the timing is difficult to hit with any accuracy because it depends upon so many factors. That said, the general pressure is down, and will likely continue to be that way until we pass through complete demoralization. I don't see that happening until at least May 2020, but it will more likely take longer than that. The last bear market was 15 months and I think this one will be longer.

In my opinion a key factor will be the resolution of the tether situation. There is an open criminal investigation into price manipulation, and until that investigation bears fruit or is laid to rest, it will cast a shadow over the market. I personally think that there is substantial evidence to support the view that unbacked tether issuance has been used and is still being used to pump up bitcoin.
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October 18, 2019, 10:12:01 AM
 #109

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 ?
just because you did not trade your bitcoin and the market don't go the way you look at it is enough reason to ask Cryptocurrency will gone soon?is this fair for the whole market?if you are in doubt then sell your bitcoin and go out  of crypto trading because this market serves as future investment and not something can bring you fortune overnight.

about your question?of course i dont believe that crypto will gone instead this will go far behind your imagination.we cannot tell but maybe tomorrow or before the year end we will be seeing another bull that will go more than 2017,who can tell?

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October 18, 2019, 10:26:13 AM
 #110

look, can you deny that everything in our world is becoming digital?
can you deny that paper money has no value backup other than what governments and people determine?
can you deny that cryptocurrencies mark a point in which finances also become a part of our digital lifes and within our control?
Now, things take time... sometimes generations, especially when you speak about money... we have 10 year history and already thriving

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October 18, 2019, 10:31:45 AM
 #111

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 ?
just because you did not trade your bitcoin and the market don't go the way you look at it is enough reason to ask Cryptocurrency will gone soon?is this fair for the whole market?if you are in doubt then sell your bitcoin and go out  of crypto trading because this market serves as future investment and not something can bring you fortune overnight.


Its funny to see people like OP who has high hopes for crypto, if it doesnt meet their expectation, they will think that it will be gone anytime.



about your question?of course i dont believe that crypto will gone instead this will go far behind your imagination.we cannot tell but maybe tomorrow or before the year end we will be seeing another bull that will go more than 2017,who can tell?

I also dont believe that it will be gone, something as valuable as bitcoin wont be vanished, its not a bubble compared to other type of investment. Making a profit out of an investment wont happen overnight.


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October 18, 2019, 04:38:31 PM
 #112

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.
Most people that you see talk like op are just after the money and not about the technology because what actually created hype was the fact that bitcoin started gaining profit and the huge profit that came out of some people’s investment was what made the hype so high, but now that the ICO market is not generating much profit again, and most people that we have in the market now are people that are more of the technology, people think that the hype has gone down.

We don’t even need all these hypes, we just need bitcoin technology to continue to function well which it has been doing already. I am still enjoying the technology as I am able to make payment easily with cryptocurrency, so I have really not found anything much that is discouraging about crypto market.

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October 18, 2019, 10:09:46 PM
 #113

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 ?

well, u must be holder with high commitment.
about future of btc, aren't you impressed with old man mcAfee who says btc will be 1 millions by 31 dec 2020 ?
we know that just joking, but besides it, perhaps u understand one thing, btc have a bright future.
just look at the dominance on market, always 60%++ .
about alt , firstly i love altcoins, easy money from easy pump, but nowdays its no more than dust.

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October 18, 2019, 10:19:26 PM
 #114

The investment in Altcoins is not very good in the short or long term, all altcoins depend on the price of Bitcoin, they usually go down when bitcoin goes up or down, the only way that altcoins go up in price is when bitcoin is in bullish trend, I see the altcoins to always make "Shorts", speculating with the altcoins downwards is the best business there is.

Now with the threat of Libra, if it is finally launched, I think it will end up killing many altcoins, because the truth is many, and it will not eliminate them because it has the best project or the best technology, it will do so because Facebook is accepted worldwide, and the immense amount of business model that it has is impressive. Even so, Libra would like me, just because it will be a springboard for the adoption of Bitcoin worldwide, that is how I see it.

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October 18, 2019, 11:42:51 PM
 #115

For altcoin possible goon anytime soon because not trusted with developer team for building and buy back after price dump,

No, Atlcoin will never be gone since people will try to exploit this to get money from investors.  Just like how Ponzi scheme and HYIP is plaguing the network marketing industry.

but for bitcoin less chance goon soon because bitcoin is table price, many investor keep trusted with bitcoin by bitcoin still dominance in exchange market higher than 70% from altcoin dominance only 30%, bitcoin up without more than one week to higher price different with altcoin.

Honestly, it is more likely Bitcoin will be gone first before these altcoins because Bitcoin is only one and altcoins.. well there are tons, some worth holding and most are just worthless.  But Bitcoin as I think about it, will stay and will be one of the famous alternative currency in the future before another cryptocurrency dethrown it.

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October 19, 2019, 07:14:37 AM
 #116

I don't think that cryptocurrencies will be gone. They are not some temporary trend that will become out of fashion.
Of course that some problems and issues appear from time to time but they are normal part of the life cycle for everything so for cryptocurrencies too.
To my opinion cryptocurrencies are technology thar will only advance and further develope in the future and will not disappear.

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October 19, 2019, 11:54:33 AM
 #117

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 ?
See this is the main problem with most of us that if see prices tends not to rise we simply imagine that crypto market will be ending soon and such things but this is not true in actual sense.Although you have traded from this year prices are down from 2017 last qaurter.But with increased adoption and investment btc will again gain dominance and prices will rise so stick to your investment and hodl it until price rise.And if you are interested in altcoins invest in only those who have developmental plans or objective in long run which can give you profits otherwise don't invest in others.
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October 19, 2019, 12:35:05 PM
 #118

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 ?
Don't worry the future of bitcoin still fine, you can get much profit with bitcoin and altcoin investment, still worth with bitcoin price today and the future bitcoin always have higher price. You can ask with old trader have invest money in bitcoin where they bought when bitcoin under $100 and how much profit earning so far if still holding bitcoin today, you need to trust with bitcoin become profitable at the future with bitcoin price always on the top.

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October 19, 2019, 12:51:47 PM
 #119

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,
Well it happens so many times nothing’s new to be alarmed for
Quote
compared to last year.
What do you mean by “Last Year”? Does the market is more dumping and harder to grow the whole 2018?  So what’s the matter about that comparison?nope that absolutely wrong
Quote
I want some honest opinion about the future outlook of BTC or crypto per se. Should investors invest in it ?
Investors are investing for how many years so what is the question is all about?are you really holding bitcoin like what you’ve said in the first line?or you are just making nonsense here?

We will invest even price fall or grow because we don’t just look for profit but for the technology









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October 20, 2019, 03:51:31 AM
 #120

invest in what? altcoins? no never. at least not as long as there isn't any altcoin worth investing in. until they start creating projects that are innovative enough to have some sort of long term potential, i don't see anything changing for altcoins being pump and dumps.

in bitcoin? of course! bitcoin has long term potential as its adoption is growing and more importantly since the adoption that has happened so far is still so tiny (less than 1%) and it is actually used in the real world not just traded on exchanges!
I hope you are not talking about all altcoins, because Ethereum, Monero, for example, are also altcoins. This is good and developing projects. But in fairness it is worth noting that all sorts of garbage coins really spoil the reputation of the entire cryptocurrency market. I agree with you that Bitcoin is the most worthwhile cryptocurrency and investments in it should be at least 50% of the total deposit.

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