Is Crypto/Blockchain hype over?

[sulendra12]

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.

[1715246075]

1715246075

[1715246075]

1715246075

[Trela]

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?

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.

[bitvalak]

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.

[barabarian1]

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.

[BlacksmithCorporation]

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.

[asder250]

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. 

[Kambal2000]

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. 

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.

[nutriagrigia]

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. 

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

[nicecrypto]

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.

[electronicash]

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.

[oktana]

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.

[gensol]

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.

[nxnqauff]

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.

[letyouearn]

Crypto hype is definitely over... till the next bull run, hehe
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

[Aying]

Crypto hype is definitely over... till the next bull run, hehe
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

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.

[Soots]

Crypto hype is definitely over... till the next bull run, hehe
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

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.

[sangjoewara]

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.

[Bezobraznike]

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.

[DonValenteeno]

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)

[sorrros]

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.