Is Crypto/Blockchain hype over?

[desticy]

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.

[DonValenteeno]

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?

[ampere]

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

[Kyraishi]

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.

[imstillthebest]

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  .

[Cheesus]

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!

[miklesm]

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.

[TheICE007]

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.

[Fatunad]

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

[Stargazer]

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

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.

[hirngespenst]

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!

[rizkyalhabsy]

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]

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.

[TastyChillySauce00]

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.

[oscarftw]

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?

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]

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]

In my opinion, everything is just beginning and public is starting to recognize and adopt the technology

[Abiky]

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