Is Crypto/Blockchain hype over?

[firesurfer]

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.

[btcdie]

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.

[JahriMeayer]

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

[beerlover]

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.

[mr_random]

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.

[Mike Mayor]

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

[Febo]

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  Enjoy while it last.

[Pearls Before Swine]

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.

[gensol]

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.

[meliodas]

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.

[dimox]

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

[cotton ball]

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.

[joshua123]

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.

[Magkirap]

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.

[Btc_1856]

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.

[Hallmader]

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.

[TastyChillySauce00]

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.

[xiboothrezi]

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.

[jcarlo]

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?

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

[msarro]

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.