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Author Topic: Is Crypto/Blockchain hype over?  (Read 1111 times)
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December 03, 2019, 11:16:52 PM
 #1

With ever-declining prices on the crypto market since 2018, there has been a decline in the number of ICOs and the emergence of new crypto projects within the mainstream world. 2017 was believed to be the golden year of crypto and Blockchain technology as people invested massively across the market. Crypto startups, companies, and businesses have been largely successful since then. Due to the hype, we've seen many projects come up with a Blockchain solution for nearly anything in life. But the truth is that Blockchain is not needed for absolutely everything.

It's today, and there seems to be a decline in crypto interest among people in the mainstream world. The number of crypto startups and companies have been reduced too. Does this mean that the crypto/Blockchain hype is finally over? Or is it still going on?

What are your thoughts? Huh

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December 04, 2019, 04:42:53 AM
 #2

Yes the hype is not what it used to be in 2017 and a simple Google trends analysis shows you this,

https://trends.google.com/trends/explore?date=today%205-y&q=bitcoin

Looking at the chart, when we pumped to $13.8K back in June the peak interest was only 25% of what it was in 2017. And most people I talked too who were involved in 2017 simply moved on to other things like stocks.

There are still investments being made like the Kraken futures purchase of like 8-9 figures (forgot which exactly) and there is still marketing being done by Gemini all over New York City, however its nothing like 2017 were everybody was talking about Bitcoin.

I think it would need to break the $20K mark to make the overall interest rise again. With price declining its certainly not the case anymore.

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December 12, 2019, 11:41:01 PM
 #3

Yes the hype is not what it used to be in 2017 and a simple Google trends analysis shows you this,

https://trends.google.com/trends/explore?date=today%205-y&q=bitcoin

Looking at the chart, when we pumped to $13.8K back in June the peak interest was only 25% of what it was in 2017. And most people I talked too who were involved in 2017 simply moved on to other things like stocks.

There are still investments being made like the Kraken futures purchase of like 8-9 figures (forgot which exactly) and there is still marketing being done by Gemini all over New York City, however its nothing like 2017 were everybody was talking about Bitcoin.

I think it would need to break the $20K mark to make the overall interest rise again. With price declining its certainly not the case anymore.

It seems like so. 2017 was believed to be the "Golden Year of Crypto". The fall of prices across the market within the beginning of 2018, has shown a steep decline in people's demand for crypto within the mainstream world. There are still many faithful crypto enthusiasts (like me) that hope prices will go higher within the future. But without demand for crypto, we cannot expect this to happen anytime soon. The next big step for bringing back the "Blockchain hype" would be increasing the scalability and fungibility of crypto in its entirety. Only then, people will be able to see the true benefits of crypto relative to Fiat.

Once Bitcoin gets past $20k per coin, then things would get interesting for the whole Blockchain industry. No one knows exactly when this will happen since prices are still low these days. Maybe the next halving in 2020, would have a positive effect over Bitcoin's price and the entire crypto market. As soon as people see prices increase across the market, you could expect the "Blockchain hype" to take place once more. Until then, things will be quite silent for very long time. Let's hope that more businesses, and mainstream companies adopt Blockchain technology for their own benefit in order to keep the hype going and prices rising within the crypto market. Just my opinion Smiley

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December 13, 2019, 01:04:43 AM
 #4

Yes the hype is not what it used to be in 2017 and a simple Google trends analysis shows you this,

https://trends.google.com/trends/explore?date=today%205-y&q=bitcoin

Looking at the chart, when we pumped to $13.8K back in June the peak interest was only 25% of what it was in 2017. And most people I talked too who were involved in 2017 simply moved on to other things like stocks.

There are still investments being made like the Kraken futures purchase of like 8-9 figures (forgot which exactly) and there is still marketing being done by Gemini all over New York City, however its nothing like 2017 were everybody was talking about Bitcoin.

I think it would need to break the $20K mark to make the overall interest rise again. With price declining its certainly not the case anymore.

It seems like so. 2017 was believed to be the "Golden Year of Crypto". The fall of prices across the market within the beginning of 2018, has shown a steep decline in people's demand for crypto within the mainstream world. There are still many faithful crypto enthusiasts (like me) that hope prices will go higher within the future. But without demand for crypto, we cannot expect this to happen anytime soon. The next big step for bringing back the "Blockchain hype" would be increasing the scalability and fungibility of crypto in its entirety. Only then, people will be able to see the true benefits of crypto relative to Fiat.

Once Bitcoin gets past $20k per coin, then things would get interesting for the whole Blockchain industry. No one knows exactly when this will happen since prices are still low these days. Maybe the next halving in 2020, would have a positive effect over Bitcoin's price and the entire crypto market. As soon as people see prices increase across the market, you could expect the "Blockchain hype" to take place once more. Until then, things will be quite silent for very long time. Let's hope that more businesses, and mainstream companies adopt Blockchain technology for their own benefit in order to keep the hype going and prices rising within the crypto market. Just my opinion Smiley
 

its kinda sad really.  we had such good steam there, now its pretty quiet Sad
crazy part is that its not that crypto is dead persay, its more alive then ever, but its become institutionalized.   price cant rise without whales taking profits and dumping it
projects are so busy with cash grabs making separate projects, everyone should have been working together instead Sad
meanwhile the highest ACTUAL registers of crypto patents, banks, have been silently adopting the tech all the while continuing to condem it to everyday customers
what a shame really.  such potential, getting absorbed, like everything, by capitalism : /

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December 13, 2019, 01:19:05 AM
 #5

With ever-declining prices on the crypto market since 2018, there has been a decline in the number of ICOs and the emergence of new crypto projects within the mainstream world. 2017 was believed to be the golden year of crypto and Blockchain technology as people invested massively across the market. Crypto startups, companies, and businesses have been largely successful since then. Due to the hype, we've seen many projects come up with a Blockchain solution for nearly anything in life. But the truth is that Blockchain is not needed for absolutely everything.

It's today, and there seems to be a decline in crypto interest among people in the mainstream world. The number of crypto startups and companies have been reduced too. Does this mean that the crypto/Blockchain hype is finally over? Or is it still going on?

What are your thoughts? Huh

I think it's over in 2018 and starting again in 2019, we'll just in the beginning of the current hype and i think the peak of the hype will be in next year or 2 years later. Just like in 2017 the rich people are the one who collecting cryptocurrency in years before. So if right now it's time to collecting as much as we can and will be rich when the crypto hype time.
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December 13, 2019, 01:33:50 AM
 #6

I believe the hype done probably. But its better to start with more reliable adoption than so high crypto price but manipulative and based on hype. I guess 2017 is the year that becomes fruitful for blockchain. Investors now are having sideways and the recovery for the loss investment last 2017 of course includes investors leaving the crypto market too.
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December 13, 2019, 01:59:05 AM
 #7

actually the hype has started to fall since the first time bitcoin fell after the highest increase at the end of 2017. everyone almost does not believe that bitcoin can fall by more than half the price and I think it is natural that the hype to crypto is reduced and will even begin to end if in years 2020, the crypto market will not improve.
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December 13, 2019, 02:01:49 AM
 #8

What led several persons to the cryptocurrency industry was the increasing return on investment. Most of the projects were born in 2017 to take advantage of the market situation. We are expecting a decline in activity simply because of the bearish trend. I vehemently believe that ones we have a bull run we would have another hype in activities.
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December 13, 2019, 02:03:15 AM
 #9

Cryptocurrency hype might have quietened down a bit in the mainstream media, but Blockchain and DLT have become the buzz words of the moment, especially in America, Europe, broader Asia and now China embracing the technology, this should have a positive impact on crypto once more use cases are found especially for stablecoins

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December 13, 2019, 02:29:09 AM
 #10

Hype always comes and goes. Maybe now the hype is over but the moment will be formed again. I think with many projects popping up that are unclear or arguably scam projects that makes hype end because people's experiences are deceived which causes the argument that crypto is mlm, ponzi, fraud, and others. Even though they are wrong about the understanding of crypto itself.
I think it's also good when the hype is over, because the potential for scam projects is a little reduced because he understands that there are already many people who are aware and broad-minded. So people are careful about putting the money.



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December 13, 2019, 02:46:47 AM
 #11

Cryptocurrency hype might have quietened down a bit in the mainstream media, but Blockchain and DLT have become the buzz words of the moment, especially in America, Europe, broader Asia and now China embracing the technology, this should have a positive impact on crypto once more use cases are found especially for stablecoins

Since many regulations restricted or put limits that makes not so popular today and since ICO are no longer popular or have bad news in terms of scamming that people were not attracted into it or try to risk since they already set their mind that it is just a scam. If there will be a popular project again that will set record how legit and effective crypto or blockchain is, they may get interest to it.

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December 13, 2019, 03:16:56 AM
 #12

Yes, probably the hype is over, it looks like the market has been saturated with all this startups and promises of a product that can change the lives of so many people.

However, 2018-2019 was a bad year because of so many scam ICO's that put a hold on crypto investors. And now even if we have a good project along the way, it hit a road block because of the the bad image and reputation of ICO.

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December 13, 2019, 04:24:57 AM
 #13

actually the hype has started to fall since the first time bitcoin fell after the highest increase at the end of 2017. everyone almost does not believe that bitcoin can fall by more than half the price and I think it is natural that the hype to crypto is reduced and will even begin to end if in years 2020, the crypto market will not improve.
the hype of the entire crypto ecosystem will always appear when the Btc bullrun movement is confirmed. It did appear in 2017, one year after Halving. after that there was a lot of panic because bitcoin did not make any significant positive steps. This also affects the tastes of altcoin investors, the quality of ico is also not able to lift the hype anymore because the market is back in the mainstream. It will likely return to the same road two years from now, but with something that has legality as an intermediary.

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December 13, 2019, 06:16:13 AM
 #14

It's today, and there seems to be a decline in crypto interest among people in the mainstream world.
People develop interest in a booming market, just like they did when the market was green two years ago, the most important thing is that it's unimportant if there is a hype or not, what's most important is crypto and blockchain growth over the years, the hype may not longer be present, but it's certain that the blockchain and bitcoin is still growing and will continue to do so.

People put so much interest into the bull run most of the time, this is what leads to a loss of interest when the market is not performing to their expectations.

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December 13, 2019, 06:32:05 AM
 #15

No!. What declined was the money grabbing hype but the Cryptocurrency space is maturing and it is now moving to the development phase where better and better technology are being developed, unlike the 2017 phase where it was just all about raising funds and investors making boatloads of money if their investment turns out great so I guess it depends on your definition of Hype.

Worldwide adoption is coming and coming fast and it's development that would eventually make it happen and not the ability to make people rich because they made blind investments that didn't bite them in the posterior.
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December 13, 2019, 06:35:37 AM
 #16

Any hype is only temporary and will end, but honestly crypto and blockchain don't need that. Because what he needs is real use in each of his products that can be useful in people's lives and in this case crypto or blockchain is not yet entered and known by the whole community. Mass adoption is still very far away, the government is also unfriendly and does not support crypto or blockchain, so that only certain people know and understand this crypto or blockchain.

I still really hope that if Bitcoin goes to the moon again, then the hype will be created and that is the right moment to attract all people to participate in the crypto or blockchain industry, so that mass adoption can be achieved.
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December 13, 2019, 06:45:15 AM
 #17

Many crypto projects will not work out because they are not needed, the most crypto use case that I can think of right now is means of payment and few others, I agree with you that blockchain tech is over hyped

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December 13, 2019, 06:56:06 AM
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The crypto sensation I think is still going on despite the popularity of ICO and IEO now, it has not been as famous as since 2018 and 2017 first. But the projects that appear now most are garbage and there is no future. But there are also some that succeed like the NRG that is quite a few moments when the distribution even experienced a very significant increase.

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December 13, 2019, 06:57:49 AM
 #19

In general, hype doesn't last long like manufacturers, developers, and users would want to. It's always going to decline due to the interest of the masses. I agree with your view that not everything should be applied with blockchain technology, it's not an ideal situation for crypto users, but that's how the world works. Ever since the lowest of low, I think the hype has come back a little bit, and it caused the price to steady around $7000 level. But it's still in the short term. We should wait and see how it would turn out once it is happening or happened, the hype. I think it directly correlates to the price of BTC.

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December 13, 2019, 07:15:56 AM
 #20

Creativity and innovation cannot cease to exist unless they are deliberately suppressed. The good thing is that things will be harder to suppressed in a decentralized world. People will always come up with great & viable ideas. The ideas can easily get funded once they are proven to be solid and workable.
In my opinion, if decentralized communities are organized, bad projects and scams will hardly get funded. Scammers and spammers won't waste their time creating them. Good projects will be few and more visible
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December 13, 2019, 07:39:37 AM
 #21

It should pick up don't worry. It was unexpected that 2017 would go the way it did. At the entire market went up a bit too high or me at an early time. So when the correction happened, it hit almost everybody hard. 2019 though was a pretty good season, especially for bitcoin which recovered to more than half of it's value when the year started. A hype like 2017 would probably not happen again, due to factors related to the 2018 plunge. But definitely it's not the end for crypto, especially for the blockchain tech. All the more, I'd say it's just the beginning.

 
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December 13, 2019, 07:41:41 AM
 #22

With ever-declining prices on the crypto market since 2018, there has been a decline in the number of ICOs and the emergence of new crypto projects within the mainstream world. 2017 was believed to be the golden year of crypto and Blockchain technology as people invested massively across the market. Crypto startups, companies, and businesses have been largely successful since then. Due to the hype, we've seen many projects come up with a Blockchain solution for nearly anything in life. But the truth is that Blockchain is not needed for absolutely everything.

It's today, and there seems to be a decline in crypto interest among people in the mainstream world. The number of crypto startups and companies have been reduced too. Does this mean that the crypto/Blockchain hype is finally over? Or is it still going on?

What are your thoughts? Huh
there is really a big decline in new crypto startups because of the unstoppable scam happening in token sales
many investors lose a lot of money even stupid will become smart if they experience it a lot of time







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December 13, 2019, 07:42:31 AM
 #23

If start up projects have reduced then it's a good because too much of everything is bad, we already have too many projects with real life use cases and we don't need much new projects now unless some areas where blockchain technology haven't expend to.
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December 13, 2019, 07:52:46 AM
 #24

With ever-declining prices on the crypto market since 2018, there has been a decline in the number of ICOs and the emergence of new crypto projects within the mainstream world. 2017 was believed to be the golden year of crypto and Blockchain technology as people invested massively across the market. Crypto startups, companies, and businesses have been largely successful since then. Due to the hype, we've seen many projects come up with a Blockchain solution for nearly anything in life. But the truth is that Blockchain is not needed for absolutely everything.

It's today, and there seems to be a decline in crypto interest among people in the mainstream world. The number of crypto startups and companies have been reduced too. Does this mean that the crypto/Blockchain hype is finally over? Or is it still going on?

What are your thoughts? Huh

For me what you call hype is what i would call a bubble, many people compared To the 2000 internet bubble, where it become the far West and everything possible, the limits of the system not being Well known, and people build huge expectations and everyone want to take their chance, and many start up Will exploit that.

I heard many times in past years that the previous period is just going to be a huge waste of time and monney, but that crypto are still going to take ground even if only a few will stay in the end.

Like there is going to be a crypto 2.0 like web 2.0, and at least we are going to see some system that will develop using blockchain and crypto in the next years, even if Its probably going to take some time.

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December 13, 2019, 08:05:16 AM
 #25

The hype to support useless and projects with no products is definitely over. Investors have learn from the numerous scams that spread through this industry in 2017. There are some projects that are still thriving in this industry despite the bear market situation that we are in. These days, investors don't buy into hype anymore but projects with good and realistic case so if you plan on initiating any project make sure it has some good value before announcing it in here.

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December 13, 2019, 08:13:03 AM
 #26

I think the hype in the blockchain technology is still high (not over yet), it's just that the interest of investors in the crypto world is starting to decrease, many of them appear when the price of bitcoin is at its highest peak. after prices continue to decline and the investment world gets worse then people feel bored because they do not get profits. let's just look at next year, will there be a change in hype or will it remain the same.

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December 13, 2019, 08:35:17 AM
 #27

The craziness of 2017 has gone, and with it the massive over-hyping of absolutely anything to do with crypto, no matter how good or bad the project.
Whilst it has meant a drop in prices, this is a good thing for the whole market. Now we can move on with better quality projects that are more sustainable, and we can build towards a stronger crypto future. As for prices, I am sure we will see new ATHs for all of the good projects, just give it time.






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December 13, 2019, 09:03:24 AM
 #28

Cryptocurrency hype might have quietened down a bit in the mainstream media, but Blockchain and DLT have become the buzz words of the moment, especially in America, Europe, broader Asia and now China embracing the technology, this should have a positive impact on crypto once more use cases are found especially for stablecoins
Positive impacts will occur, but not as fast as we imagine. China has indeed embraced blockchain technology for the development of the economic sector and many other sectors in China.
The crypto market is currently saturated and needs time to recover, many scam projects are making things worse.

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December 13, 2019, 09:13:08 AM
 #29

If start up projects have reduced then it's a good because too much of everything is bad, we already have too many projects with real life use cases and we don't need much new projects now unless some areas where blockchain technology haven't expend to.
It's good that bad projects have started to diminish, but right now good projects are no longer appearing, so the atmosphere in cryptocurrency today feels so empty with no emergence of new projects.
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December 13, 2019, 09:21:54 AM
 #30

in 2017 new investors arrive without first researching the projects that are invested which makes it easy for scams to use them.
but the hype will never end even though many who have left this market have made decent projects appear because people already understand and no longer blindly invest.
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December 13, 2019, 09:54:10 AM
 #31

Yes the hype is not what it used to be in 2017 and a simple Google trends analysis shows you this,

https://trends.google.com/trends/explore?date=today%205-y&q=bitcoin

Looking at the chart, when we pumped to $13.8K back in June the peak interest was only 25% of what it was in 2017. And most people I talked too who were involved in 2017 simply moved on to other things like stocks.

There are still investments being made like the Kraken futures purchase of like 8-9 figures (forgot which exactly) and there is still marketing being done by Gemini all over New York City, however its nothing like 2017 were everybody was talking about Bitcoin.

I think it would need to break the $20K mark to make the overall interest rise again. With price declining its certainly not the case anymore.

It seems like so. 2017 was believed to be the "Golden Year of Crypto". The fall of prices across the market within the beginning of 2018, has shown a steep decline in people's demand for crypto within the mainstream world. There are still many faithful crypto enthusiasts (like me) that hope prices will go higher within the future. But without demand for crypto, we cannot expect this to happen anytime soon. The next big step for bringing back the "Blockchain hype" would be increasing the scalability and fungibility of crypto in its entirety. Only then, people will be able to see the true benefits of crypto relative to Fiat.

Once Bitcoin gets past $20k per coin, then things would get interesting for the whole Blockchain industry. No one knows exactly when this will happen since prices are still low these days. Maybe the next halving in 2020, would have a positive effect over Bitcoin's price and the entire crypto market. As soon as people see prices increase across the market, you could expect the "Blockchain hype" to take place once more. Until then, things will be quite silent for very long time. Let's hope that more businesses, and mainstream companies adopt Blockchain technology for their own benefit in order to keep the hype going and prices rising within the crypto market. Just my opinion Smiley
 

its kinda sad really.  we had such good steam there, now its pretty quiet Sad
crazy part is that its not that crypto is dead persay, its more alive then ever, but its become institutionalized.   price cant rise without whales taking profits and dumping it
projects are so busy with cash grabs making separate projects, everyone should have been working together instead Sad
meanwhile the highest ACTUAL registers of crypto patents, banks, have been silently adopting the tech all the while continuing to condem it to everyday customers
what a shame really.  such potential, getting absorbed, like everything, by capitalism : /

Yeap, the problem is whales are making so much money by shorting the market when trading on Bitfinex etc, that this is what has mainly killed the prices. I don't think Crypto is over, it's just the beginning, but I think only once we start hitting critical mass and real wide mass adoption will we see anything like 2017 again. We will need a ton of hodlers to come and start buying up everything and anything again and I don't see that happening as people are much savvier now. I now like to day trade, spot trading though, not margin trading and am still looking out for soem unicorns. I beleive that you just need to have a decent sized bag in one or two good projects that still have a potential to 50 or 100x over a two year period. You need to really be fll time in crypto to find out the latest trends and to be looking out for those winners. It's still possible to make a killing in crypto, but you need to put the hard work in it, the discipline to want to succeed and also the knowledge to get ahead. Coming in as a noob and going into a telegram group and buying a coin at ATH, is not the way to go and believe me, a lot of us here have been there and done that lol. 


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December 13, 2019, 10:02:13 AM
 #32

It seems so. I believe the people are losing their interest in cryptocurrency lately with the authorities at loss to how to deal with cryptocurrency. Fundamentally, still there is uncertainty about cryptocurrency as it is still waiting for regulation. There were hypes when bitcoin reached as high as $20000, as people invested in cryptocurrency randomly with the hope of getting riches overnight. Now the people are aware of cryptocurrency and its investment risks. 

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December 13, 2019, 10:09:03 AM
 #33

no, it is a market cycle. look at Bitcoin history and you will understand its market cycle
Bitcoin is always pump after halving happened, and after getting ATH, then going down so long
Market cycle already happened 2 times from Bitcoin created. let's see wheter history repeats again or not

 
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December 13, 2019, 10:33:31 AM
 #34

It's good that bad projects have started to diminish, but right now good projects are no longer appearing, so the atmosphere in cryptocurrency today feels so empty with no emergence of new projects.
Firstly how do you confirm that "bad" projects are not longer here? A project can turn "bad" anytime depending on finances, development and management. What is doing great today may not be good tomorrow, such is this market.

Secondly, the fact that 99% or even 100% of the crypto-funded projects have failed to deliver even the minimum viable product should be enough of a slowdown to the market. If you look at the stock and IPO markets, they are doing well but crypto is not even close to that. To an extent blockchain hype is still on, there is no stopping that but crypto hype is down.

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December 13, 2019, 11:54:39 AM
 #35

no, it is a market cycle. look at Bitcoin history and you will understand its market cycle
Bitcoin is always pump after halving happened, and after getting ATH, then going down so long
Market cycle already happened 2 times from Bitcoin created. let's see wheter history repeats again or not
you're right. the market has always been and will remain cyclical, just the time ranges can change very much. if 3 years ago Bitcoin was in the bear market for 1 year, then in the next cycle it can be in the bear market for 3-4 years. and the same is true for the bull market.


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December 13, 2019, 11:57:01 AM
 #36

no, it is a market cycle. look at Bitcoin history and you will understand its market cycle
Bitcoin is always pump after halving happened, and after getting ATH, then going down so long
Market cycle already happened 2 times from Bitcoin created. let's see wheter history repeats again or not
you're right. the market has always been and will remain cyclical, just the time ranges can change very much. if 3 years ago Bitcoin was in the bear market for 1 year, then in the next cycle it can be in the bear market for 3-4 years. and the same is true for the bull market.

There's no other things that replace bitcoin yet so i'm agree this is just a market cycle. But many countries are developing blockchain right now and i'm sure if there is a better version of bitcoin it won't be cycle anymore but people will leave bitcoin for a better coin and i'm sure it will happen in the future because the world's attention is on blockchain right now
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December 13, 2019, 12:06:50 PM
 #37

With ever-declining prices on the crypto market since 2018, there has been a decline in the number of ICOs and the emergence of new crypto projects within the mainstream world. 2017 was believed to be the golden year of crypto and Blockchain technology as people invested massively across the market. Crypto startups, companies, and businesses have been largely successful since then. Due to the hype, we've seen many projects come up with a Blockchain solution for nearly anything in life. But the truth is that Blockchain is not needed for absolutely everything.

It's today, and there seems to be a decline in crypto interest among people in the mainstream world. The number of crypto startups and companies have been reduced too. Does this mean that the crypto/Blockchain hype is finally over? Or is it still going on?

What are your thoughts? Huh

I think it has just begun =] A lot of shifting of money has been taking place the past 2 years not to mention massive profit taking in 2018. After some market consolidation we should see a vamp up in interest again, as if these Wall Streeters were 'pro crypto' the whole time.
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December 13, 2019, 12:42:13 PM
 #38

In 2017 we scattered a huge Lego constructor and began to assemble it without instructions, that's how you can call it all. It is a pity that the desire to profit and be the first as always slowed down the whole process of crypto development. Learn from mistakes.
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December 13, 2019, 12:57:09 PM
 #39

I think blockchain technology will continue and is needed even though not all sectors of life need a blockchain. After 2017 all eyes of the world are on Bitcoin, until the SEC has intervened and made all crypto arrangements which can be said to be chaotic until now, all projects can be almost requested by KYC. Making crypto is no longer anonymous. And if real projects have intervened and are interested in this blockchain it feels like fighting over colonies and gold, monopolies in all sectors of the crypto world. Addressing whether the blockchain hype will continue? my answer, Yes, the blockchain trend will continue until someone can replace the blockchain or a new breakthrough that is more sophisticated than the blockchain. And I think throughout this internet life people will continue to try and innovate with blockchain.

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December 13, 2019, 01:22:43 PM
 #40

With ever-declining prices on the crypto market since 2018, there has been a decline in the number of ICOs and the emergence of new crypto projects within the mainstream world. 2017 was believed to be the golden year of crypto and Blockchain technology as people invested massively across the market. Crypto startups, companies, and businesses have been largely successful since then. Due to the hype, we've seen many projects come up with a Blockchain solution for nearly anything in life. But the truth is that Blockchain is not needed for absolutely everything.

It's today, and there seems to be a decline in crypto interest among people in the mainstream world. The number of crypto startups and companies have been reduced too. Does this mean that the crypto/Blockchain hype is finally over? Or is it still going on?

What are your thoughts? Huh
2017 was the simply the height of an over inflated and unregulated market that was bound to crash. The $20,000 bubble was going to pop. People were dumping their savings accounts and taking money out against their own houses in order to invest. Then came the crash, all of the band-wagoners and speculators came from afar and the volume raised as high as it did, Then pop! The price deflated and is currently still in recovery self correcting itself.

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December 13, 2019, 02:05:01 PM
 #41

i think crypto still hype but not like 2017 when alt season happened and there is many new trader who just heared that bitcoin can easly make money from internet friend/ or stranger and in the end just become whale victims so maybe when alt season is happened again we will seen crypto will become more hype.



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December 13, 2019, 02:24:18 PM
 #42

I think blockchain technology will continue and is needed even though not all sectors of life need a blockchain. After 2017 all eyes of the world are on Bitcoin, until the SEC has intervened and made all crypto arrangements which can be said to be chaotic until now, all projects can be almost requested by KYC. Making crypto is no longer anonymous. And if real projects have intervened and are interested in this blockchain it feels like fighting over colonies and gold, monopolies in all sectors of the crypto world. Addressing whether the blockchain hype will continue? my answer, Yes, the blockchain trend will continue until someone can replace the blockchain or a new breakthrough that is more sophisticated than the blockchain. And I think throughout this internet life people will continue to try and innovate with blockchain.
Quite clear. your assumption if it is made clear, that this world requires a new and new technological era. as if the world was competing in technology. blockchain technology will continue to be used, of course this community will not let it die just like that, it will definitely continue to innovate and experiment in creating a breakthrough in new financial technology, the fact is that today it's not just on bitcoin, but every month and even every day projects emerge and supports the current crypto trend. some of which can be said of success as the leading altcoin known today.

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December 13, 2019, 04:05:38 PM
 #43

In my opinion it is still ongoing because the crypto project is still starting to work with large companies such as Microsoft or BMW companies. projects that work with large companies because they are needed by these companies. Indeed crypto hype is reduced but project cooperation with large companies is still ongoing

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December 13, 2019, 05:23:42 PM
 #44

The hype itself is not over but technology caught up with the optimum efficiency. So, in the past 2 years developers coded the most important aspects of blockchain and what could be done with it and there was a huge hype about it, nowadays unfortunately there are not that many innovations in blockchain world, there are small tiny ones but people don't see that as important so right now people are not hyped about things that are not important.

If one day something major happens about blockchain and a new thing comes up that nobody has managed before, we could potentially have a huge hype once again. Plus, crypto is still loved by many which is provable by the huge transaction numbers we have in many altcoins, people are still using it, we just don't talk about it as much.

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December 13, 2019, 05:29:06 PM
 #45

The HYPE was attracted by the market makers and the wheels of market drivers were so fast. The market situation should become suitable in order to build a solid system which becomes useful for new projects. The next step is not easy for inexperienced investors, strong teams will survive under the bad market conditions and these projects should adopt the ecosystem for not losing the competition.
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December 13, 2019, 05:59:41 PM
 #46

I don't think it really matters or we should become concerned. The hype was caused only by price climbs and those are not the people who are beneficial to bitcoin anyway so they have little to offer. People who are serious about crypto will remain and are still around. To me, only people who actually use it as a payment method are going to stick around and support and make a change. The rest are just here for the ride or shortcomings. They don't love crypto. We love crypto and thus will stick around. Crypto is life and so I have a passion for it. We don't really want the passionless people around. Let them play with their monopoly money (fiat) xD

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December 13, 2019, 06:09:50 PM
 #47

Is Crypto/Blockchain hype over?

Hype of 2017 is long over. Hype of 2021 had not yet started. The lack of hype is very enjoyable time in crypto Smiley  Enjoy while it last.
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December 13, 2019, 08:54:10 PM
Merited by CryptopreneurBrainboss (1)
 #48

2017 was believed to be the golden year of crypto and Blockchain technology as people invested massively across the market.
2017 turned into a bubble for bitcoin and a bunch of other coins, but I don't think blockchain tech made any progress as far as being adopted by real world businesses, organizations, or anything else for that matter.

And yes, prices for nearly all cryptocurrencies have declined since the end of 2017, but I wouldn't characterize that as the end of hype.  Markets move much like bitcoin's is doing right now.  Compare the nasdaq chart leading up to 2000 and what it did after April 2000.  It took a long time for the nasdaq to reach 5000 again after reaching its all time high, and maybe the hype was over for internet stocks at the time, but there wasn't quite the same hype for bitcoin leading up to December 2017.  Similar, but not the same.

In 2017, we saw not a “cryptocurrency heyday”, but rather some kind of crazy race.
I'd kinda agree with that.  It was a bull market and maybe even a bubble, and it popped just like all bubbles do.  That doesn't mean bitcoin is dead, tho.
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December 13, 2019, 10:31:00 PM
 #49

Hopefully not but as the day passes by the more it looks like the hype is over. Despite all news from China, Bakkt yet nothing moved the price of cryptocurrency for months. It seems the hype has faded honestly.
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December 13, 2019, 10:48:54 PM
 #50

If you purely rely on the hype for the cryptocurrencies or blockchain then you will not have a successful investing or trading in the market. If you want to have a long lasting asset then you should not choose a project or a cryptocurrency that are just in hype. Choose the cryptocurrencies that have a good team, project and also a working product as a proof that they are really doing a good job.

 
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December 13, 2019, 11:23:24 PM
 #51

yeah, last people that stand for crypto is crypto addict. wether the price is cheap or expensive, they still connected everyday with crypto. but we never know when the hype is coming. when it comes, people in droves will come to crypto, enliven, and start to loss their fund again
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December 13, 2019, 11:36:55 PM
 #52

Which one the same side of bitcoin become hype project, I confused with many people said bitcoin is part of hype project and I am not the same way how to make bitcoin part of hype project investment, bitcoin never give promise for their investor profit several percent every week or every month, but keep take profit depend with supply and demand of bitcoin price at the future.
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December 14, 2019, 02:09:16 AM
 #53

It will still continue but different trend or type will occur. Like for example the IEO hype, beginning to lose or go down now and eventually ROI will decrease overtime. I'm thinking that crypto has never lose loop of hypes and we just need to wait whats next after this IEO sensation.

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December 14, 2019, 03:13:59 AM
 #54

In my opinion it is still ongoing because the crypto project is still starting to work with large companies such as Microsoft or BMW companies. projects that work with large companies because they are needed by these companies. Indeed crypto hype is reduced but project cooperation with large companies is still ongoing
I think these past years are just a preparation of what's gonna happen next year or in a few years, yes people's hype with crypto decreases but i think it is just like a slingshot where you need to pull back your stone so that when you shot it, it can go very far just like with crypto, crypto hype goes down but the moment the world take the shot crypto will be mainstream, big companies will work by side with cryptocurrency.



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December 14, 2019, 04:18:49 AM
 #55

Crypto and the blockchain trend is kept increasing which we are seeing even government authorities are showing a lot of interest towards the blockchain, for cryptocurrency, it is impossible to keep increasing their prices, we should wait patiently until we see some major things happen in the market.

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December 14, 2019, 05:09:10 AM
 #56

No no, of course not. The hype on crypto/blockchain is also fluctuating just like the prices of coins. Crypto is still growing of course but the existing cryptocurrencies right now are less bought because there are so many of them and there are limited investors. Many of these investors are also tired of waiting for that next bull run. Another factor is that there are so many scams that give crypto a dirty reputation. But the adoption is growing, more on blockchain rather than crypto however.

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December 14, 2019, 05:14:36 AM
 #57

Crypto and the blockchain trend is kept increasing which we are seeing even government authorities are showing a lot of interest towards the blockchain, for cryptocurrency, it is impossible to keep increasing their prices, we should wait patiently until we see some major things happen in the market.

Exactly, many adoption here and there begin to emerge and the world put their attention to blockchain and trying to develop it based on their need. People thinking the hype is over because the price seems to be moving slowly and sometimes being dumped but the reality is the whole market just being stable while increasing the adoption, little they know that this stability could also boost the adoption as well.

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December 14, 2019, 07:30:00 AM
 #58

Many members who think the hype has ended, and I agree. 2018 is not very good, although many new projects are competing to develop blockchain in various fields, but not very good. Entering 2019, many more have succeeded in achieving their targets, many new developments and strategies, moreover fundamentally Bitcoin has experienced many advances, such as the lighting network, Bakkt, etc. I am sure there will be another new episode where the new season for the crypto triumph will be again, with new hype. We look forward to it. Anything can happen.
Meanwhile, blockchain adoption has also become more widespread. The real function is to increase the utility for efficiency in resolving various office, financial, etc. requirements, which are urgently needed. And this will continue to grow.

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December 14, 2019, 10:10:11 AM
 #59

With ever-declining prices on the crypto market since 2018, there has been a decline in the number of ICOs and the emergence of new crypto projects within the mainstream world. 2017 was believed to be the golden year of crypto and Blockchain technology as people invested massively across the market. Crypto startups, companies, and businesses have been largely successful since then. Due to the hype, we've seen many projects come up with a Blockchain solution for nearly anything in life. But the truth is that Blockchain is not needed for absolutely everything.

It's today, and there seems to be a decline in crypto interest among people in the mainstream world. The number of crypto startups and companies have been reduced too. Does this mean that the crypto/Blockchain hype is finally over? Or is it still going on?

What are your thoughts? Huh

Maybe the crypto hype ended because now investors are more realistic in choosing investments. 2017 is an interesting year for crypto but it also illustrates the hype that is happening in the market because almost all coins or tokens experience dramatic price increases. With current crypto market conditions, investors are more careful in choosing investments and only choose coins or tokens that have products or partnertship with good companies
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December 14, 2019, 10:26:01 AM
 #60

I would say market is stabling now. Yes, in the start many invetors, ICO projects jumped into this but not all survived. All those who were not serious or looking for short term gains are getting out. Now we have majority of mature investors and projects with real use case. with time things will get more and more stable. Seeing the crypto market cap I dont think this saga is over.

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December 14, 2019, 10:30:11 AM
 #61

Hype already over or not, maybe with halving that will come can make bitcoin/crypto hyped again. I mean, i believe out there a lot of people still don't know what benefit of crypto, and if they get information in the right way, i think they will attracted to crypto, and if it did in mass, there will be big possibilities if crypto can be hype again like in last ATH.

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December 14, 2019, 10:40:00 AM
 #62

Hype already over or not, maybe with halving that will come can make bitcoin/crypto hyped again. I mean, i believe out there a lot of people still don't know what benefit of crypto, and if they get information in the right way, i think they will attracted to crypto, and if it did in mass, there will be big possibilities if crypto can be hype again like in last ATH.

The hype around Blockchain is not over, it's far from over. Now it's just a period when things are moving slowly, prices are volatile in some range, there're news around, but nothing big and spectacular. This period is slow, for now, but that will change eventually.
Chances for new all-time high prices are definitely high. I believe that is almost around the corner and that we don't need to wait for much longer, we are in bear faze for almost two years, any time soon will get out from that faze.



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December 14, 2019, 10:43:36 AM
 #63

I think that the development of cryptocurrencies is cyclical, and there are still bursts of interest in the cryptocurrency market. Even this year, Bitcoin showed good growth, although the market was considered bearish and without prospects. I don’t presume to make forecasts for the timing, but we can see the next round of growth as early as next year

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December 14, 2019, 10:49:06 AM
 #64

The bull market being over doesn't mean that cryptos are all of a sudden dead.

However, I do agree with the fact that hype, or at least bullish sentiment has depreciated drastically over the past few years. One there has already been significant maturing processes that have happened with the market which obviously reduces the amount of hype within the market.

It's actually good that we're seeing less hype in some regards. Especially ICOs for that matter.

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December 14, 2019, 12:37:25 PM
 #65

I believe the hype done probably. But its better to start with more reliable adoption than so high crypto price but manipulative and based on hype. I guess 2017 is the year that becomes fruitful for blockchain. Investors now are having sideways and the recovery for the loss investment last 2017 of course includes investors leaving the crypto market too.

yes, because the decline in market value in crypto makes investors still hesitate to enter.
now market conditions have improved somewhat, although it has not yet shown an increase.
but in 2020 many people predict the market will rise because there will be lots of news and some countries that have legalized crypto, we'll see.

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December 14, 2019, 03:06:09 PM
 #66

I think most people hype when the going is good only. They do not think of the long term as much as they should and only focus on what they can buy when they profit from bitcoin. It is a technology it should be supported and believed in. It should not be only loved when it does well. Those people are there for the wrong reasons. The ICO caused lots of hype as well for some reason, I still cannot understand it. Since then it has been relatively quite which I also don't understand because it's not the projects it's the people investing in crap. Now they paint all ICO with the same paint brush.

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December 14, 2019, 05:36:24 PM
 #67

I think that the development of cryptocurrencies is cyclical, and there are still bursts of interest in the cryptocurrency market. Even this year, Bitcoin showed good growth, although the market was considered bearish and without prospects. I don’t presume to make forecasts for the timing, but we can see the next round of growth as early as next year

The recurring market cycle has never been wrong so far, next year is a time of proof, analytically I am also waiting for how the blockchain which is finally recognized by the government is able to make a big difference in crypto, we also need to think not just stuck in the short term aspect, hype is something that relative and not something strange if it will continue to appear in situations that return positive.
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December 14, 2019, 05:48:52 PM
 #68

With ever-declining prices on the crypto market since 2018, there has been a decline in the number of ICOs and the emergence of new crypto projects within the mainstream world. 2017 was believed to be the golden year of crypto and Blockchain technology as people invested massively across the market. Crypto startups, companies, and businesses have been largely successful since then. Due to the hype, we've seen many projects come up with a Blockchain solution for nearly anything in life. But the truth is that Blockchain is not needed for absolutely everything.

It's today, and there seems to be a decline in crypto interest among people in the mainstream world. The number of crypto startups and companies have been reduced too. Does this mean that the crypto/Blockchain hype is finally over? Or is it still going on?

What are your thoughts? Huh

Maybe the crypto hype ended because now investors are more realistic in choosing investments. 2017 is an interesting year for crypto but it also illustrates the hype that is happening in the market because almost all coins or tokens experience dramatic price increases. With current crypto market conditions, investors are more careful in choosing investments and only choose coins or tokens that have products or partnertship with good companies
That's what investors should do, choosing coins or tokens which is really good
not like in 2017, they choose the bad thing but still get profit

so, this is just matter of time, coins and tokens would rise again
But I hope that in the next bull run, investors would be smart to choose
it is needed for healthy growing in cryptocurrency world.

 
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December 14, 2019, 05:54:20 PM
 #69

The hype is over, but the big upside is yet to come. I'd better correct myself - the retail hype is over and they will be the last to get in back into the markets when the market goes to new ATH. I'm not talking just about Bitcoin, but altcoins as well. People don't understand that there is a very limited supply of BTC. When they will trully understand that it's going to be too late aka the upside potential will me much smaller than now. If BTC is really the currency of our future then, if you buy now, you have a multiple 10x or even 100xs risk reward ratio right now at this price. Just do the maths yourself and you will see.
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December 14, 2019, 05:58:38 PM
 #70

With ever-declining prices on the crypto market since 2018, there has been a decline in the number of ICOs and the emergence of new crypto projects within the mainstream world. 2017 was believed to be the golden year of crypto and Blockchain technology as people invested massively across the market. Crypto startups, companies, and businesses have been largely successful since then. Due to the hype, we've seen many projects come up with a Blockchain solution for nearly anything in life. But the truth is that Blockchain is not needed for absolutely everything.

It's today, and there seems to be a decline in crypto interest among people in the mainstream world. The number of crypto startups and companies have been reduced too. Does this mean that the crypto/Blockchain hype is finally over? Or is it still going on?

What are your thoughts? Huh

It happens on how you understand the main benefits of the use of blockchain technology. The decline in the prices of most cryptocurrencies has nothing to do with over hype or under hype of blockchain technology.  The entire world have not seen the true significance of blockchain technology. Majority of crypto projects or companies in the crypto space are just interested in profits rather than developing projects to solve actual problems. This is the main reason why there are decline in the market value of most crypto coins...
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December 14, 2019, 06:09:09 PM
 #71

With ever-declining prices on the crypto market since 2018, there has been a decline in the number of ICOs and the emergence of new crypto projects within the mainstream world. 2017 was believed to be the golden year of crypto and Blockchain technology as people invested massively across the market. Crypto startups, companies, and businesses have been largely successful since then. Due to the hype, we've seen many projects come up with a Blockchain solution for nearly anything in life. But the truth is that Blockchain is not needed for absolutely everything.

It's today, and there seems to be a decline in crypto interest among people in the mainstream world. The number of crypto startups and companies have been reduced too. Does this mean that the crypto/Blockchain hype is finally over? Or is it still going on?

What are your thoughts? Huh
Actually,emergence of new project era was over even they tired with new strategies like IEO and STO but none of them are working like before.

But crypto adoption is happening all around the world like new crypto trading and gambling platforms,more regulatory measures from governments,big companies started to create a crypto for their own,etc..
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December 14, 2019, 06:48:26 PM
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I can say that ICO hype is over but crypto and blockchain technology will still continue to grow and maybe make an epic comeback in the next coming years. Crypto investors just became wise after their bad experience during the ICO hype but for sure they will invest again in cryptocurrency once they see another good opportunity or if crypto projects become profitable again.

 
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December 14, 2019, 07:08:38 PM
 #73

The price in the cryptocurrency market since 2018 has been declining, the number of ICOs and new projects are constantly appearing. I also feel Blockchain is not necessary for everything.
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December 14, 2019, 07:56:53 PM
 #74

I can say that ICO hype is over but crypto and blockchain technology will still continue to grow and maybe make an epic comeback in the next coming years. Crypto investors just became wise after their bad experience during the ICO hype but for sure they will invest again in cryptocurrency once they see another good opportunity or if crypto projects become profitable again.

Exactly the ICO hype is over but if the crypto hype is over then why the company like facebook, a country like China,  France are looking to build their own cryptocurrency? Actually every county and the big companies are exploring the blockchain. The blockchain era has not yet came it is about to come.

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December 15, 2019, 06:32:58 AM
 #75

The price in the cryptocurrency market since 2018 has been declining,
Price has nothing to do directly with the market. Its adoption that one should aim for. Spreading awareness and making people understand why crypto can be an alternative method to transact is important. 

Quote
the number of ICOs and new projects are constantly appearing.
Thats called quantity, not quality. Whether these projects are worth spending money on is a question of quality not quantity. In face 99% of the projects are a failure. So whats the point in having a market where there is a complete flood of shitcoins and only bitcoin to keep for future?

Quote
I also feel Blockchain is not necessary for everything.
This is debatable. Bitcoin was a use of blockchain and since altcoins never develop their own ideas, they follow bitcoin and thus blockchain was used. I am yet to see a non-blockchain altcoin project. Correct me if you know any though.

R


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December 15, 2019, 07:53:17 AM
 #76

Hype already over or not, maybe with halving that will come can make bitcoin/crypto hyped again. I mean, i believe out there a lot of people still don't know what benefit of crypto, and if they get information in the right way, i think they will attracted to crypto, and if it did in mass, there will be big possibilities if crypto can be hype again like in last ATH.

The hype around Blockchain is not over, it's far from over. Now it's just a period when things are moving slowly, prices are volatile in some range, there're news around, but nothing big and spectacular. This period is slow, for now, but that will change eventually.
Chances for new all-time high prices are definitely high. I believe that is almost around the corner and that we don't need to wait for much longer, we are in bear faze for almost two years, any time soon will get out from that faze.
If there are no hype yet like what you said, means it is very good. Only need time for bitcoin to reach high price again, although i don't know it is new ATH or not. But for who be really patience, they will be get big chance of huge profit in bitcoin investment.

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December 15, 2019, 10:05:13 AM
 #77

Yes the hype is not what it used to be in 2017 and a simple Google trends analysis shows you this,

https://trends.google.com/trends/explore?date=today%205-y&q=bitcoin

Looking at the chart, when we pumped to $13.8K back in June the peak interest was only 25% of what it was in 2017. And most people I talked too who were involved in 2017 simply moved on to other things like stocks.

There are still investments being made like the Kraken futures purchase of like 8-9 figures (forgot which exactly) and there is still marketing being done by Gemini all over New York City, however its nothing like 2017 were everybody was talking about Bitcoin.

I think it would need to break the $20K mark to make the overall interest rise again. With price declining its certainly not the case anymore.
The problem is whether investors will invest in it again in the second and especially subsequent times after the price drop of Bitcoin, when it will once again rise high in price. Investing large amounts when they know that bitcoin may fall again after a while, psychologically it will be difficult. Therefore, I do not believe that in the future bitcoin can reach predicted very high price values.
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December 15, 2019, 10:26:26 AM
 #78

I believe that cryptocurrency hype was already over since 2018, But the blockchain technology i don't think so,  the technology was very useful in our present society it can be used in different industries as well for transparency and governance  that's why i believe that the blockchain revolution is not a hype. But it was a timely needed to address the problems in our time.
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December 15, 2019, 11:03:02 AM
 #79

I believe which blockchain project can survive thought this hard time for crypto will growth up in the future. Many blockchain project were shutdown and this is good sign that people start to put more care on the technology. I think in next few years, many people will need blockchain products to solve real life problem.


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December 15, 2019, 11:37:22 AM
 #80

I believe which blockchain project can survive thought this hard time for crypto will growth up in the future. Many blockchain project were shutdown and this is good sign that people start to put more care on the technology. I think in next few years, many people will need blockchain products to solve real life problem.
Doesn't if many blockchain projects are closed that means they are no longer needed, why do you say that? if because the regulations are not met then closed and investor funds returned I think it doesn't matter, but many projects close with bringing in investor money that's a terrible thing

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December 15, 2019, 11:50:48 AM
 #81

With ever-declining prices on the crypto market since 2018, there has been a decline in the number of ICOs and the emergence of new crypto projects within the mainstream world. 2017 was believed to be the golden year of crypto and Blockchain technology as people invested massively across the market. Crypto startups, companies, and businesses have been largely successful since then. Due to the hype, we've seen many projects come up with a Blockchain solution for nearly anything in life. But the truth is that Blockchain is not needed for absolutely everything.

It's today, and there seems to be a decline in crypto interest among people in the mainstream world. The number of crypto startups and companies have been reduced too. Does this mean that the crypto/Blockchain hype is finally over? Or is it still going on?

What are your thoughts? Huh
I think that only the ICO hype is over. Blockchain and crypto are a utility which they would remain until a lot of time. But the phase where everyone thought they could become rich merely by sending some money to a crowdfunding is over. Moreover it's over in a very bad manner as most of the ICO owners just took money from people and never made their ICO projects. They have just been involved in making social media hype and delay their beta versions every 3 months. I haven't seen a single ICO which have published their whole project which they showed in white paper while most of the projects actually promised to deliver results by end of the decade. It really is pretty sad to see ICOs ending like this.
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December 15, 2019, 02:22:34 PM
 #82

With ever-declining prices on the crypto market since 2018, there has been a decline in the number of ICOs and the emergence of new crypto projects within the mainstream world. 2017 was believed to be the golden year of crypto and Blockchain technology as people invested massively across the market. Crypto startups, companies, and businesses have been largely successful since then. Due to the hype, we've seen many projects come up with a Blockchain solution for nearly anything in life. But the truth is that Blockchain is not needed for absolutely everything.

It's today, and there seems to be a decline in crypto interest among people in the mainstream world. The number of crypto startups and companies have been reduced too. Does this mean that the crypto/Blockchain hype is finally over? Or is it still going on?

What are your thoughts? Huh

I think Crypto/Blockchain hype is not yet over.  The market is just relaxing a bit due to the excessive hype last 2017.  Once it bottom and new entries of great project and ideas regarding blockchain tech comes in, we can see another rallies of hype on the market.  We just need to wait a bit and see this hype happening when these so called new sets of ideas comes in.
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December 15, 2019, 02:30:51 PM
 #83

With ever-declining prices on the crypto market since 2018, there has been a decline in the number of ICOs and the emergence of new crypto projects within the mainstream world. 2017 was believed to be the golden year of crypto and Blockchain technology as people invested massively across the market. Crypto startups, companies, and businesses have been largely successful since then. Due to the hype, we've seen many projects come up with a Blockchain solution for nearly anything in life. But the truth is that Blockchain is not needed for absolutely everything.

It's today, and there seems to be a decline in crypto interest among people in the mainstream world. The number of crypto startups and companies have been reduced too. Does this mean that the crypto/Blockchain hype is finally over? Or is it still going on?

What are your thoughts? Huh

I think Crypto/Blockchain hype is not yet over.  The market is just relaxing a bit due to the excessive hype last 2017.  Once it bottom and new entries of great project and ideas regarding blockchain tech comes in, we can see another rallies of hype on the market.  We just need to wait a bit and see this hype happening when these so called new sets of ideas comes in.

Yeah it's just on sideway and calm condition, i'm sure there will be a time that people are hype again with cryptocurrency and the best thing to right now is preparing for that time by buying as much as we can while the price is still cheap.
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December 15, 2019, 02:36:34 PM
 #84

I agree that blockchain is not necessary in all the situations. Some scenarios are better of solved without using blockchain.
But I guess people wanted to use the hype word in order to make money and so it happened.

I have read a theory where they have explained that any technology or so has a timeframe where it is extremely hyped and is booming in the market after which it drops hard. It is after the drop, that the real rise begins and derives the actual use of the technology.

So, may be 2017 was the hype period of blockchain and after that it dropped. May be it will now show us the actual growth and use of blockchain.

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December 15, 2019, 02:38:48 PM
 #85

The price in the cryptocurrency market since 2018 has been declining, the number of ICOs and new projects are constantly appearing. I also feel Blockchain is not necessary for everything.
Blockchain is still needed, although prices in the cryptocurrency market since 2018 have declined, because all of that is related to market conditions and the number of traders in the market, so we cannot say that the blockchain is no longer needed.
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December 15, 2019, 02:54:47 PM
 #86

Most certainly, especially since the bull run of 2017 there were  alot of hyped project  in the market, lots of people  were also investing without making any proper research about the project, many people came to be aware blockchain because of the high price not because of the technology, so yes, it seems that crypto/blockchain were over hyped but this time things are done differently.
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December 15, 2019, 03:32:23 PM
 #87

It's today, and there seems to be a decline in crypto interest among people in the mainstream world.
I'm pretty sure it's not the people, but every time at the end of the year we will most likely experiencing this stuff where the price is declining slowly. If people has no interest to crypto, then people will just slowly move on to other coins like Ethereum yet it's not.

The number of crypto startups and companies have been reduced too. Does this mean that the crypto/Blockchain hype is finally over? Or is it still going on?
What are your thoughts? Huh
It's not over yet, just wait till Bitcoin halving.

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December 15, 2019, 04:22:04 PM
 #88

Obviously today is different from 2017 since 2017 is its peak. But that doesn't mean because of bear run, people are declining and leaving crypto already. it's just that during 2017, it's easier to attracts people in crypto unlike today. But as long as we continue to share crypto to others, we can still attract people. I still believe that cryptocurrency will survive and last longer.
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December 15, 2019, 04:40:35 PM
 #89

With ever-declining prices on the crypto market since 2018, there has been a decline in the number of ICOs and the emergence of new crypto projects within the mainstream world. 2017 was believed to be the golden year of crypto and Blockchain technology as people invested massively across the market. Crypto startups, companies, and businesses have been largely successful since then. Due to the hype, we've seen many projects come up with a Blockchain solution for nearly anything in life. But the truth is that Blockchain is not needed for absolutely everything.

It's today, and there seems to be a decline in crypto interest among people in the mainstream world. The number of crypto startups and companies have been reduced too. Does this mean that the crypto/Blockchain hype is finally over? Or is it still going on?

What are your thoughts? Huh

It seems to be true. Yes, 2017 is said to be the "Golden Year" for cryptocurrency which we all have notice that despite of the circumstances that we have faced on that year, still the market have managed to keep the price up until the end of that year. A sudden drop down have happened up the entrance of 2018 which is for me gives shivers and shocking reaction on how come that from a fast growing market, turns out to be down all of a sudden. Maybe the excitement of the people in 2017 have not gone through the year 2018, which leads all of us into a down market up until to this moment of time. In my opinion, I am still into believing with cryptocurrency because it have gone through many ups and downs way back it have started and still manages to continue even without the hype. I am hoping that sooner or later people will realize the relevance of using crypto and how can crypto be helpful in such ways possible driven by the innovation brought by the rise of modern technology we have.

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December 15, 2019, 04:40:50 PM
 #90

I think that the point is that the blockchain was implemented absolutely for everything. And scammers used it. And there were so many projects that there were simply not enough investors for everything. When people began to lose and sell their altcoins minus, many stopped believing in cryptocurrency and technology. Therefore, demand has disappeared. But I think if something like  ICO still comes, then the hype will return. Smiley

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December 15, 2019, 04:50:03 PM
 #91

of course , its totally gone , already gone , and won't come back , for sure . just see how market going .
need a huge sentiment to crypto world for make it back , and so far , just a bad news came to crypto , may u talk about country country adopting crypto , oh come on , we need more than it to release the kraken.

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December 15, 2019, 06:20:07 PM
 #92

of course , its totally gone , already gone , and won't come back , for sure . just see how market going .
need a huge sentiment to crypto world for make it back , and so far , just a bad news came to crypto , may u talk about country country adopting crypto , oh come on , we need more than it to release the kraken.
I don’t think that he will never return, but I agree that in order to return it need a lot of positive news. I also think that this will take several years and then the industry will begin to show the whole world why it was created for and what potential use it has

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December 16, 2019, 03:17:53 PM
 #93

of course , its totally gone , already gone , and won't come back , for sure . just see how market going .
need a huge sentiment to crypto world for make it back , and so far , just a bad news came to crypto , may u talk about country country adopting crypto , oh come on , we need more than it to release the kraken.
I don’t think that he will never return, but I agree that in order to return it need a lot of positive news. I also think that this will take several years and then the industry will begin to show the whole world why it was created for and what potential use it has
positive news ? i didn't think its enough to make attention for the world. I'm talking about recognition from the world directly , like "donald trump suddenly buying 100 btc for the beginning" or "warren buffet sell 5% of apple shares to buy bitcoin" or atleast "USA finally approved bitcoin ETF" as a investement.


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December 21, 2019, 02:07:32 AM
 #94

I agree that blockchain is not necessary in all the situations. Some scenarios are better of solved without using blockchain.
But I guess people wanted to use the hype word in order to make money and so it happened.

I have read a theory where they have explained that any technology or so has a timeframe where it is extremely hyped and is booming in the market after which it drops hard. It is after the drop, that the real rise begins and derives the actual use of the technology.

So, may be 2017 was the hype period of blockchain and after that it dropped. May be it will now show us the actual growth and use of blockchain.

The hype was all about making money than anything else. So many companies and startups came into inception since 2017 with the goal of profiting from Blockchain's success. Yet, we've seen how most companies have failed while others have reduced their employees in order to minimize losses from the long-lasting bear market which began in 2018. Now that Bitcoin and other cryptocurrencies are constantly declining in price, everything has gone silent. There isn't the same excitement there was back in 2017. I guess that crypto and Blockchain tech has reached a timeframe where the world expects results instead of false promises delivered by hype.

Once crypto does its thing to deliver real use cases for the mainstream world, then I believe that prices will start to rise across the market. While this may not be comparable to the events of 2017 (where everyone was full of hype), the industry will grow positively over time as investors continue to support Blockchains that are truly useful to the world. The reason why most people have declared Bitcoin and other cryptocurrencies to be "dead", is because their prices have declined considerably across the crypto market. Believe me, that once prices start to rise, you can expect people to revive the "hype" once more.

Nonetheless, it's not about the price but rather crypto's core Blockchain technology. As long as the same is able to provide financial freedom, people will have a choice against the traditional economic system of today. If they focus on the money instead of what really matters, then I'm afraid the industry won't be going further in the future. Just my thoughts Grin

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December 21, 2019, 05:24:38 AM
 #95

I think the sensation of crypto and blockchain is not over but now most investors do not believe in ICO projects because the number of ICOs that are scam and the value of bitcoin continues to decline causing the altcoin market to also decline. so it's only natural that the crypto market is experiencing a drastic decline. but I am still optimistic that when bitcoin is pumping, the cyrpto market will return to green and there is now an IEO project in place of the ICO project.

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December 27, 2019, 01:58:20 AM
 #96

I think the sensation of crypto and blockchain is not over but now most investors do not believe in ICO projects because the number of ICOs that are scam and the value of bitcoin continues to decline causing the altcoin market to also decline. so it's only natural that the crypto market is experiencing a drastic decline. but I am still optimistic that when bitcoin is pumping, the cyrpto market will return to green and there is now an IEO project in place of the ICO project.

That's certainly true, mate. But with the introduction of IEOs and STOs, the Blockchain industry could become as buoyant as it was back in 2017. Regulation is necessary in order to bring serious investors and traders into the ecosystem. Only then, the "hype" will see a revival across the mainstream world. Of course, we all know that most people are in it for the money than anything else. As soon as they see Bitcoin prices hit the roof, they think that the industry is progressing. Otherwise, they would believe that crypto and Blockchain tech are dead. However, this is just a misconception among everyday people.

Believe me that once crypto starts rising in price like skyrocket, the "hype" will continue in the same manner as 2017. The future is still bright for crypto and Blockchain technology, as mainstream companies and even worldwide governments are adopting them for their own benefit. Sooner or later, we'll see a rise in STOs as fortune 500 companies join the crypto craze. I believe that this is just the beginning as crypto and Blockchain technology are becoming more regulated in the mainstream world. After a couple of years from now, both you and me will be considered as early adopters of this revolutionary technology. With due time, everything will be back to normal. We just have to be patient in order to achieve great results in the future. Just my thoughts Grin

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December 27, 2019, 03:16:30 AM
 #97

With ever-declining prices on the crypto market since 2018, there has been a decline in the number of ICOs and the emergence of new crypto projects within the mainstream world. 2017 was believed to be the golden year of crypto and Blockchain technology as people invested massively across the market. Crypto startups, companies, and businesses have been largely successful since then. Due to the hype, we've seen many projects come up with a Blockchain solution for nearly anything in life. But the truth is that Blockchain is not needed for absolutely everything.

It's today, and there seems to be a decline in crypto interest among people in the mainstream world. The number of crypto startups and companies have been reduced too. Does this mean that the crypto/Blockchain hype is finally over? Or is it still going on?

What are your thoughts? Huh

I think Crypto/Blockchain hype is not yet over.  The market is just relaxing a bit due to the excessive hype last 2017.  Once it bottom and new entries of great project and ideas regarding blockchain tech comes in, we can see another rallies of hype on the market.  We just need to wait a bit and see this hype happening when these so called new sets of ideas comes in.

Yeah it's just on sideway and calm condition, i'm sure there will be a time that people are hype again with cryptocurrency and the best thing to right now is preparing for that time by buying as much as we can while the price is still cheap.
All we need to do is be more patient and not rush in making every decision. And when the price of coins on the market is still low this is indeed the right time to buy more coins to prepare yourself the following year and hope that 2020 will be a profitable year later.
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December 27, 2019, 07:37:36 AM
 #98

I do not think people's interest in cryptocurrency has been over. What is true is that people are losing their interest in cryptocurrency due to its recent crash. At present, the market has crashed. The market had faced similar situation in 2013 as well. When it recovered then, the people started putting interest in it again. So will happen when the market corrects itself.

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December 27, 2019, 07:48:20 AM
 #99

According to the statistics on investing in ICO, the peak in February 2018 it accounted for about $ 2.6 billion, in 2019 the drop in the number and volume of investments in crypto projects fell from $ 1.5 billion in January up to $ 200,000 in December. We are at the bottom, interest in ICO is very low.
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December 27, 2019, 08:14:27 AM
 #100

Even though they are wrong about the understanding of crypto itself. I think it's also good when the hype is over, because the potential for scam projects is a little reduced because he understands that there are already many people who are aware and broad-minded. Cryptocurrency hype might have quietened down a bit in the mainstream media, but Blockchain and DLT have become the buzz words of the moment.We are expecting a decline in activity simply because of the bearish trend. I vehemently believe that ones we have a bull run we would have another hype in activities. Natural grow is much better than hype.

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December 27, 2019, 08:20:20 AM
 #101

We are at the bottom, interest in ICO is very low.
There is no relevancy between ICO and the hype of crypto, instead ICO could make the hype become even worse in my opinion because ICOs right now are the field for those scammers to steal money from u guys. ICO was better last year yeah, but for now it's not.

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December 27, 2019, 08:27:19 AM
 #102

With ever-declining prices on the crypto market since 2018, there has been a decline in the number of ICOs and the emergence of new crypto projects within the mainstream world. 2017 was believed to be the golden year of crypto and Blockchain technology as people invested massively across the market. Crypto startups, companies, and businesses have been largely successful since then. Due to the hype, we've seen many projects come up with a Blockchain solution for nearly anything in life. But the truth is that Blockchain is not needed for absolutely everything.

It's today, and there seems to be a decline in crypto interest among people in the mainstream world. The number of crypto startups and companies have been reduced too. Does this mean that the crypto/Blockchain hype is finally over? Or is it still going on?

What are your thoughts? Huh
We all know that ICOs and IEOs have abused cryptocurrencies and Blockchain technology. So, both have been too hyped. Of course, the hype of crypto has over, but Blockchain technology is still a future technology, the projects related to Blockchain technology still going on now. The US and China are both racing to create blockchain currency and payment platforms based on Blockchain technology, I'm sure 2020 will be an excellent year for Blockchain devs who are knowledgeable about this technology.

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December 27, 2019, 09:16:30 AM
 #103

It is true that globally bitcoin and blockhain are not popular right now, but on the other hand many parties, especially developed countries are developing their own blockchain technology.
There are still many hopes that bitcoin can realize in terms of its benefits as an alternative means of payment and are stored as an asset.
Now is the digital era, everything turns into cashless no exception what is being carried out by banking today.

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December 27, 2019, 11:12:04 AM
 #104

now more and more countries, companies and banks that adopt the blockchain prove that the blockchain has developed rapidly and is increasingly in demand. and for now most of the investors have left the ICO project because of the large number of ICO scams. but now a new crowdfunding has emerged, IEO and STO. I think the ICO project has been replaced by IEO and STO. so I think the sensation of crypto and blockchain is still ongoing.

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December 27, 2019, 12:24:55 PM
 #105

I think that's the inevitable, when the beginnings of most people are not clear about blockchain or cryptocurrencies. But as time goes on, things will change, and it is clear that the idea of applying blockchain in unrealistic fields will no longer attract people.

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December 27, 2019, 12:47:20 PM
 #106

Hype will come again with next cycle. Do you know where was the biggest hype in 2017? Around 10,000 - 20,000USD. It means that people are greedy around the top, while around the bottom they are afraid of investing.  Roll Eyes

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December 27, 2019, 03:37:19 PM
 #107

Hype will come again with next cycle. Do you know where was the biggest hype in 2017? Around 10,000 - 20,000USD. It means that people are greedy around the top, while around the bottom they are afraid of investing.  Roll Eyes

Yes time will come that the new hype of crypto will come, it may not be this year, or the upcoming year, but once the scammers or the scam project will be eliminated and that the government will do something to be strict and regulate the fund raising happening then for sure another hype will come again in the crypto space.
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December 27, 2019, 05:16:57 PM
 #108

Hype will come again with next cycle. Do you know where was the biggest hype in 2017? Around 10,000 - 20,000USD. It means that people are greedy around the top, while around the bottom they are afraid of investing.  Roll Eyes
Of course, this is ordinary psychology. Most people invest when they see some kind of hype. they don’t even analyze the instruments that they choose as their investment tool. psychology of the crowd. when you will study it, you will understand how to make money. a lot of books have already been written about this


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December 27, 2019, 05:40:04 PM
 #109

The hype came during the time of bull run in 2017, the price of btc was so attractive that many people couldn't resist it, many new project suddenly flock into the space, which give birth to many shitcoins that flood the market,
Although it seems the hype has died down a bit compare to 2017 but i believe once there is another bull in the market the hype will surely comeback.
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December 27, 2019, 06:02:56 PM
 #110



the hype continue to be here. we see all the time prices spikes. the most interesting indicator that cryptocurrency will bloom further is the digital currency that were planed by governments today.

there isn't yet an information and facts about what its use for and are the citizens of these countries going to be using it side by side with bitcoin and altcoins? the possibilities are high and when all these takes place, we may be seeing another ATH for cryptos.









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December 27, 2019, 06:31:00 PM
 #111

now more and more countries, companies and banks that adopt the blockchain prove that the blockchain has developed rapidly and is increasingly in demand. and for now most of the investors have left the ICO project because of the large number of ICO scams. but now a new crowdfunding has emerged, IEO and STO. I think the ICO project has been replaced by IEO and STO. so I think the sensation of crypto and blockchain is still ongoing.
The crypto circulation will continue to return, but will enter more difficult levels.

I agree with IEO. But STOs are still not good enough even though they emphasize stronger accountability from ICOs, they are not much different in reaching market interest. Blockchain has indeed been an important part for a long time because large companies continue to compete with patents, and this news is increasingly interesting when the Chinese government publishes it seriously.



 

 

 

 

 

 


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December 27, 2019, 08:15:20 PM
 #112

My take is no. The hype is just starting what we will experience in 2020 will be more than we have seen before now. As pointed out by CZ, institutional and government money will flow into cryptocurrency in the coming years. We are onto a new era for cryptocurrency.
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December 27, 2019, 08:18:33 PM
 #113

I think hype is going to start very soon especially when the next bull run starts. We have seen trailer in 2017. Hope 2020 brings that bull run which is much needed one for crypto community.

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December 28, 2019, 02:02:40 PM
 #114

Crypto hype is definitely over... till the next bull run, hehe Smiley
Now people seem to be not interested in crypto investing at all, but I bet this mood will change fast, when they see bitcoin passing 15K level Smiley

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December 28, 2019, 02:07:51 PM
 #115

Crypto hype is definitely over... till the next bull run, hehe Smiley
Now people seem to be not interested in crypto investing at all, but I bet this mood will change fast, when they see bitcoin passing 15K level Smiley

For sure it will change soon, and also other news for bitcoin will help and those trend will hype again and bring a massive awareness. although it is not that accurate but at least people will know more about bitcoin and cryptocurrencies. I am hoping too that there is altcoin that will change the aura and soon they will know more positive about crypto.

Watch out for this SPACE!
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December 28, 2019, 02:09:24 PM
 #116

Crypto hype is definitely over... till the next bull run, hehe Smiley
Now people seem to be not interested in crypto investing at all, but I bet this mood will change fast, when they see bitcoin passing 15K level Smiley

We don't know yet what's their reaction if that price would be reach in the future. People nowadays is more wiser than before, that's why cryptocurrency hasn't gained that high due to controlled adoption. Some of them was affected by lots of regulation specially having kyc, that remained so hard for them to follow. With hype, don't you expect it's over before when bullrun comes it's always possible.
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December 28, 2019, 02:46:31 PM
 #117

I think hype is going to start very soon especially when the next bull run starts. We have seen trailer in 2017. Hope 2020 brings that bull run which is much needed one for crypto community.
What trailers did you see in 2017? I am sure that whatever will begin in 2020 will not be exactly the same as 2017, because the same event will never be repeated twice even though the concept will be built better than in previous years.
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December 28, 2019, 04:44:26 PM
 #118

I think hype is going to start very soon especially when the next bull run starts. We have seen trailer in 2017. Hope 2020 brings that bull run which is much needed one for crypto community.
What trailers did you see in 2017? I am sure that whatever will begin in 2020 will not be exactly the same as 2017, because the same event will never be repeated twice even though the concept will be built better than in previous years.

   Sangjoewara but 2017 wasn't the first time for Bitcoin to make awesome rise. Halving before 2016, the one in 2012 was even
higher then the one in 2017, check the charts, it's harder to get from 0 to 1000, then from 1000 to 100 000.
   Hype around crypto/blockchain is not over. Power of that hype fluctuate same as the price, sometimes crypto-currencies are in
the center of the attention, sometimes things are calm for months. Crypto-currencies have a space for developing and growing,
big part of the world is yet to find out about all this.



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December 29, 2019, 09:44:53 AM
 #119

Although we can testify to the obvious fact that it's over, yet if we extrapolate the previous ups and downs and do some simple math (all time high at $1100, then plumment to $230, then another all time high at $19000, then going down towards $3400) we could detect a pattern (1100/230 and 19000/3400 and 19000/1100 and 3400/230) then the next all time high would be (if at all) around (roughly) $300000 and low at $18000. But, I know, it's silly and we should always keep in mind the Wall st. cheat sheet (psychology of a market cycle)
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December 29, 2019, 09:54:24 AM
 #120

Price and number of crypto startups are not important. We can't compare the situation based on these two things. We need to look about number of merchants that are accepting cryptocurrencies. Number of exchanges and users. And everything is growing, so it is okay, do not worry, price will surely recover.  Cool

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December 29, 2019, 09:59:28 AM
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 #121

After all, you understand that cryptocurrency hype is exclusively speculative in nature, therefore it is obvious that sooner or later the popularity of investing in various cryptocurrencies would fall due to their unprofitability.
The real hype will begin when the technology itself will be used in most areas of life. The big question is what will happen to the speculative side of the market in the future, because in part this is an obstacle to the mass adaptation of cryptocurrencies.

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December 29, 2019, 10:59:21 AM
 #122

After all, you understand that cryptocurrency hype is exclusively speculative in nature, therefore it is obvious that sooner or later the popularity of investing in various cryptocurrencies would fall due to their unprofitability.
The real hype will begin when the technology itself will be used in most areas of life. The big question is what will happen to the speculative side of the market in the future, because in part this is an obstacle to the mass adaptation of cryptocurrencies.
True about speculative nature. Can't imagine, though, how the technology can be used in most areas of life, apart from the obvious finance and registry/bookkeeping sector?
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December 29, 2019, 11:04:14 AM
 #123

Basically, the growth of anything depends on hype
From real world scenario to football to music and the list goes on and on

Altcoins in particularly have benefited from the hypes around
And recently stellar has also benefited from the hype through Airdrop on blockchain and keybase

The hypes will never go. Just that we Will have smart hypes not exaggerated tokens
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December 29, 2019, 11:54:43 AM
 #124

Basically, the growth of anything depends on hype
From real world scenario to football to music and the list goes on and on

Altcoins in particularly have benefited from the hypes around
And recently stellar has also benefited from the hype through Airdrop on blockchain and keybase

The hypes will never go. Just that we Will have smart hypes not exaggerated tokens

Maybe not the most elegantly worded explanation but this is pretty much it.

I think that we have, as a community and market, transitioned from hyping from absolutely anything under the roof that we see speculative value in to really being very picky with our choices. This is reflected by the death of a lot of smaller cap coins which offer no value to the markets in recent months of the bear market.

There will still be hype around legitimate projects, but I think that our standards have been raised, that's all.

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December 29, 2019, 12:05:00 PM
 #125

not true .

many crypto startups are have been witnessed and many people are still entering but we cant totally feel that because of the price that are still low  but you could be right that the hype for cryptos were now over but not totally over because on the future the hype can still comeback    .

 blockchain were never been  hyped but the state of the blockchain up to this date are still the same  . its still steadily growing  .
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December 29, 2019, 12:12:00 PM
 #126

2018 was the drawback year of crypto, the long bear run ruined lots of positive things in crypto. Many people left the crypto market and did not come back! You are right that blockchain does not need everything, yet some scam startup projects came by seeing the hype, they successfully scammed and gone away, that's it. Most of the unique ideas or real-life implementation in blockchain failed, dead or scammed. The crypto hype is over, maybe bitcoin halving can create another!

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December 29, 2019, 12:25:56 PM
 #127

I do not think the hype around cryptocurrency is over. There are too many powerful people holding tons of BTC, so it is in their interest to initiate at least one more Bull Run stage on the cryptocurrency market.
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December 29, 2019, 12:55:30 PM
 #128

Very well, as compared to the  2017 the hype has really gone down, back then, the amount of ICO in the cryptocurrency ecosystem was uncountable unlike now, even initial exchange offering has also reduce bit I believe in the year 2020 the hype will come back and more people joining crypto again.

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December 29, 2019, 12:58:40 PM
 #129

I do not think the hype around cryptocurrency is over. There are too many powerful people holding tons of BTC, so it is in their interest to initiate at least one more Bull Run stage on the cryptocurrency market.

Exactly what I think is that cryptocurrency has not yet reach its full potential yet it still starting to have more adaption all over the world. Bull run will come let us just be patient and wait for it not too long we will see another one like in december 2017. Btc is just stretching to launch the rocket to the moon

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December 29, 2019, 03:40:18 PM
 #130

Crypto hype is definitely over... till the next bull run, hehe Smiley
Now people seem to be not interested in crypto investing at all, but I bet this mood will change fast, when they see bitcoin passing 15K level Smiley
Yes, you are absolutely right here! People will come again to invest in crypto once Bitcoin price gets double value than now! People invested at a higher price to see Bitcoin at a more higher price, but the strategy failed, Bitcoin price went to 3K USD! It is normal that many people have gone by leaving crypto but they will come again to recover the losses if BTC goes for another bull run.

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December 29, 2019, 08:28:05 PM
 #131

Maybe hype is over (good for all of us) but industry is growing. Natural grow is much better than hype

Yes, you are right. Me too don't want to see another bull run like 2017! I am here to stay, not to just make huge money and go away! So, I want to see an organic, stable bull price for Bitcoin and other reputed altcoins! I hope all we are here after a long bear run is the wise and true supporter of crypto, and I believe the crypto market doesn't need hype, it needs loyal supporters and mass adoption, which will be coming shortly!

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rizkyalhabsy
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December 29, 2019, 09:19:44 PM
 #132

But the truth is that Blockchain is not needed for absolutely everything.

that why people have no interest anymore to crypto world,because it,u know,so far i just found 1 problem solved by blockchain,that money transfer,but for another problem,still unsolved.
actually,from my perpective,people just have a interest with project wich done already.
doctor877
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December 29, 2019, 10:18:57 PM
 #133

Hype is not over , things have changed and people are getting to understand how things are being done coupled with lots of activities ongoing which are discouraging investors and newbies. That's what has changed.
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December 29, 2019, 10:47:59 PM
 #134

But the truth is that Blockchain is not needed for absolutely everything.

that why people have no interest anymore to crypto world,because it,u know,so far i just found 1 problem solved by blockchain,that money transfer,but for another problem,still unsolved.
actually,from my perpective,people just have a interest with project wich done already.
you just don't know what other problem could be resolved because maybe you rarely look up to some cases that could potentially being solved by blockchain. imagine democracy election being more transparent and not vulnerable to manipulation using the nature of blockchain which is decentralized and all votes recorded in each block and saved up forever. there are so many cases out there that can be solved although not everything can be solved using blockchain simply because it was initially not made to solve all the problem in this world but instead just for a core system of a cryptocurrency.

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oscarftw
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December 29, 2019, 11:08:29 PM
Last edit: December 29, 2019, 11:19:54 PM by oscarftw
 #135

With ever-declining prices on the crypto market since 2018, there has been a decline in the number of ICOs and the emergence of new crypto projects within the mainstream world. 2017 was believed to be the golden year of crypto and Blockchain technology as people invested massively across the market. Crypto startups, companies, and businesses have been largely successful since then. Due to the hype, we've seen many projects come up with a Blockchain solution for nearly anything in life. But the truth is that Blockchain is not needed for absolutely everything.

It's today, and there seems to be a decline in crypto interest among people in the mainstream world. The number of crypto startups and companies have been reduced too. Does this mean that the crypto/Blockchain hype is finally over? Or is it still going on?

What are your thoughts? Huh
Everything is on situation of bullrun. If bullrun come again all hype will be gone. Blockchain is a technology where new block could get easily that right or wrong. In crypto space huge people are coming for blockchain technology which paths was beginning by shatoshi nakamato.
Slingshot
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December 30, 2019, 12:49:03 AM
 #136

Crypto hype can just be over and it's not over yet, many people join the system everyday and as day comes many gets to know about blockchain, though the hype as at last year isn't same this year but the hype escalated more in some countries. The more price increases the more the hype.
KawBet
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December 30, 2019, 01:19:12 AM
 #137

In my opinion, everything is just beginning and public is starting to recognize and adopt the technology
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January 25, 2020, 01:55:40 AM
 #138

Crypto hype can just be over and it's not over yet, many people join the system everyday and as day comes many gets to know about blockchain, though the hype as at last year isn't same this year but the hype escalated more in some countries. The more price increases the more the hype.

Yes. From what I've seen, this is a repetitive cycle. At times, people get excited about crypto and Blockchain technology due to new developments and services provided by mainstream companies. But after every period of excitement, comes a period of recession. This means that crypto behavior is similar to that of a roller coaster. Back in 2017, prices were in their ATHs with many investors joining the hype. But a year later, people lost interest in the crypto industry as fees were rising and transactions became slower than ever.

Now that development has improved a bit, there's hope that the hype will commence again. This year, I believe that there will be a surge in demand for crypto as many exciting events are about to happen. For instance, Bitcoin will halve its block reward by May, while Ethereum is getting closer to adopting PoS. Since the beginning of January, prices have been increasing at a slow and steady rate. Before you know it, people will be hyped about crypto and Blockchain technology repeating the cycle once more. As long as you manage to stay ahead of the game in crypto's latest developments, you'll be able to succeed in this wild venture. At least, that's how crypto land works. Just my opinion Smiley

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