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Author Topic: Reality of Crypto Winter and what to expect from now on  (Read 494 times)
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January 04, 2020, 10:58:37 AM
 #1

The crypto winter of 2018 and 2019 did flushed out many nonsense projects and the market has significantly matured over the last few years, it's exactly what i expect from the long crypto bear market.

In this year i expect accelerating crypto asset adoption and the key building blocks will come into place for crypto to achieve it's long term potential of revolutionizing how value can be stored and send around the world.

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January 04, 2020, 12:50:47 PM
 #2

Nice evaluation you got there. Let's hope things turn out in our favour.
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January 08, 2020, 05:30:44 PM
 #3

The crypto winter of 2018 and 2019 did flushed out many nonsense projects and the market has significantly matured over the last few years, it's exactly what i expect from the long crypto bear market.

In this year i expect accelerating crypto asset adoption and the key building blocks will come into place for crypto to achieve it's long term potential of revolutionizing how value can be stored and send around the world.
Many coins disappeared and many are on the verge of disappearing, you are not wrong on that but for every coin that disappeared two or three took their place and the market is still full of bad coins that no one cares about.

The most important is the change in the attitude of most investors, many are not bothering themselves with new altcoins anymore and only care about bitcoin and a few selected altcoins but if a new bull market comes and many newbie investors come to this market then you can be sure those coins will receive massive investment once again since those newbies will not know anything about the history of this market and how bad those coins really are.


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January 08, 2020, 05:49:56 PM
Last edit: January 08, 2020, 06:23:58 PM by vectisitch
 #4

It's simple really. If you want to have a chance of making it big like in 2017 then you have to pick a few coins that are actively developed and actually have a use or solve existing crypto problems. These coins will bring something new to the market. Any of the old coins that have not brought anything new or don't really have a use will hopefully wither and die off.
There is a place for smart contract coins that bring something new or a better way to do things than existing options should do well. What i don't get is why people just loyally stick to a project because it's one of the biggest or oldest. There are way better options than Ethereum out there now for instance. Remember the crypto kitties fiasco where the Eth network got blocked up and fees went sky high? Nothing much has changed since to mitigate that happening again.
Blockchain tech is truly groundbreaking and will justifiably take over how things are done in time. But again there is a better option called Dags. now if you can marry dag with multiple blockchains then you truly have something that can scale and keep scaling.
That tech is just being born right now and has the potential to change everything. A little hint for anyone who is really interested in how the future could look, take a look at the project in my signature. Read about it and decide for yourselves. sometimes it just doesn't pay to stick to the old ways

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January 08, 2020, 05:59:11 PM
 #5

The crypto winter of 2018 and 2019 did flushed out many nonsense projects and the market has significantly matured over the last few years, it's exactly what i expect from the long crypto bear market.

In this year i expect accelerating crypto asset adoption and the key building blocks will come into place for crypto to achieve it's long term potential of revolutionizing how value can be stored and send around the world.

The entire cryptocurrency market and all investors are hungry for good information and price increases. I think the bear market is already behind us and now spring for altcoins will start. Of course, we can't expect 10% increases every day, but I think 10% per week is quite real for the cryptocurrency market.

 
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January 08, 2020, 06:06:08 PM
 #6

Who tell you the all so called Shitcoins have been flourished away, just wait for the bull run to start then you will see some projects that have hibernated for months wake up from their sleep, what this period teaches is that market goes up and down, that even good projects is also affected


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January 08, 2020, 07:05:12 PM
 #7

Honestly out of 100 new projects out today its hard to see 10 of them really living up to their standards, its better to look for something new, something that we never had in crypto space that can fix issues, these projects are the only ones that will succeed

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January 08, 2020, 07:14:13 PM
 #8


 
It doesn't mean the ones that are left today does make sense to still be in the market.  There are still projects up there that weren't purged, the team are just too great at making their project look good that its been trading in many platforms. If they are going to be alive til the next bullrun, they are going to be here in crypto for life. A coin that cost less than a cent today may cost $1 by the time the bulls rally, looks good to buy them now.
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January 08, 2020, 07:20:01 PM
 #9

Honestly out of 100 new projects out today its hard to see 10 of them really living up to their standards, its better to look for something new, something that we never had in crypto space that can fix issues, these projects are the only ones that will succeed

ive said similar things as this, so i agree.   
most of these projects are not original, they are only following in a firsts footsteps, and trying to capitalize on their mistakes
like how many smart contract "dapp" coins do we need?  its funny when 1/2 of them are ERC20 tokens too, like wut? haha
thats why in 10 years only maybe 25 of the top 200 will even be alive anymore imo Tongue

Crypto winter is old news, institutional money is in now,every 5% gain will be followed by big money taking profits and dumping it again : /


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January 08, 2020, 09:16:00 PM
 #10

Who tell you the all so called Shitcoins have been flourished away, just wait for the bull run to start then you will see some projects that have hibernated for months wake up from their sleep, what this period teaches is that market goes up and down, that even good projects is also affected
If you read the post properly, you will see that the user said "many nonsense project" by which he meant most of the projects that made unrealistic promise and probably was talking about shitcoins too. He never said anything about all shitcoins being gone for good. But I am not sure how a dropping of the price is actually helping us clear out the shitcoins. Like as if the price are related to bitcoin in anyway. And also, wouldn't they be able to chip in more coins when the price of Bitcoin is lower?

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January 08, 2020, 10:23:47 PM
 #11

The crypto winter of 2018 and 2019 did flushed out many nonsense projects and the market has significantly matured over the last few years, it's exactly what i expect from the long crypto bear market.

In this year i expect accelerating crypto asset adoption and the key building blocks will come into place for crypto to achieve it's long term potential of revolutionizing how value can be stored and send around the world.
We can easily see that the development in terms of adoption continues unceasingly. The only issue with the crypto market is about the bloody prices, especially in altcoins. But, since 2018 the thoughts are positive about 2020. Every time prices went down, the majority kept their last bullet for this year. Indeed, we all know that nothing is certain. Nevertheless, expectations and thoughts are positive.

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January 08, 2020, 10:56:22 PM
 #12

It's simple really. If you want to have a chance of making it big like in 2017 then you have to pick a few coins that are actively developed and actually have a use or solve existing crypto problems. These coins will bring something new to the market. Any of the old coins that have not brought anything new or don't really have a use will hopefully wither and die off.
There is a place for smart contract coins that bring something new or a better way to do things than existing options should do well. What i don't get is why people just loyally stick to a project because it's one of the biggest or oldest. There are way better options than Ethereum out there now for instance. Remember the crypto kitties fiasco where the Eth network got blocked up and fees went sky high? Nothing much has changed since to mitigate that happening again.
Blockchain tech is truly groundbreaking and will justifiably take over how things are done in time. But again there is a better option called Dags. now if you can marry dag with multiple blockchains then you truly have something that can scale and keep scaling.
That tech is just being born right now and has the potential to change everything. A little hint for anyone who is really interested in how the future could look, take a look at the project in my signature. Read about it and decide for yourselves. sometimes it just doesn't pay to stick to the old ways

Can't agree more with that. Ethereum is good, it's evolving but slowly, it's a Legacy and old blockchain.
The way you describe that new tech looks really interesting. I had to take a look.
I understand Helios is aiming to develop a decentralized web platform, what we commonly call the Web 3.0.
From this article, it looks like Web 3.0 will be the new face of the word wide web in the next coming years, and it is satisfying to see Helios Protocol leading the way on the blockchain front.
https://blockgeeks.com/guides/web-3-0/

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January 08, 2020, 11:02:15 PM
 #13

We have the same hope and principle for this year. It wouldn't be winter all of the time and there's always the moment to be expected as the opposite of it.
Just noticed the pumping of bitcoin within few hours but then it has corrected quickly but isn't it a good sign for early this year?

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January 08, 2020, 11:08:05 PM
 #14

I think this year will be a good year for crypto, i expect to have a new ATH maybe, but more after halving i think will happen, we can only wait and try get some more coins and hold them for bull run.

 
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January 08, 2020, 11:21:18 PM
 #15

The crypto winter of 2018 and 2019 did flushed out many nonsense projects and the market has significantly matured over the last few years, it's exactly what i expect from the long crypto bear market.

In this year i expect accelerating crypto asset adoption and the key building blocks will come into place for crypto to achieve it's long term potential of revolutionizing how value can be stored and send around the world.
The only project that delivers the product and good progress are being adopted by the crypto users. Just take a look at so many scams and fraud platforms are getting eliminated caused by the trend but it's very sad to see so many investor's money is getting robbed by the scammer and this is not a good thing that might happen before. if crypto can be considered as a place to store value and it must become a commodity like bitcoin but the majority of cryptos are assets which mean it can also be considered as security and not so many crypto can be used to store our value.

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January 08, 2020, 11:33:03 PM
 #16

After a prolonged fall in 2018, many expected a reversal in 2019. But that didn't happen. Now everyone is expecting it in 2020. I think that it is not necessary to hope for a turn, for the long-awaited bull run. Learn how to make money in any market and then life will be much easier.

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January 09, 2020, 12:27:10 AM
 #17

The crypto winter of 2018 and 2019 did flushed out many nonsense projects and the market has significantly matured over the last few years, it's exactly what i expect from the long crypto bear market.

In this year i expect accelerating crypto asset adoption and the key building blocks will come into place for crypto to achieve it's long term potential of revolutionizing how value can be stored and send around the world.

Well said.

The bear market was actually a positive event in the sense that it got rid of a lot of projects that had absolutely nothing to do in the cryptospace, were flat out clones and/or had fake teams and no development roadmap, etc. etc.

These projects, created for the sole purpose of furthering the founder's wealth, deserved to die off during the bear market. You could almost see it as crypto's way of self-cleansing Undecided

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January 09, 2020, 01:24:36 AM
 #18

But there will be so much more nonsense projects with the next bull market. The amount of them will be insane compared to last time. I am not sure in what form they will come but they will come, and they will be copycats of those who succeed this time. If those were originally icos, there will be more icos, if nfts, there will be even more nfts and so on...

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January 09, 2020, 01:56:13 AM
 #19

Comparing the price of bitcoin everytime with the ATH of $19K would surely be depressing. But bitcoin still has a high price and enough volatility for traders to make a profit.
Bitcoin would certainly rise to new ATH one day but it's not a good idea to call last year and this year a crypto winter when many of the alts have rise by folds.

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January 09, 2020, 02:17:52 AM
 #20

After a prolonged fall in 2018, many expected a reversal in 2019. But that didn't happen. Now everyone is expecting it in 2020. I think that it is not necessary to hope for a turn, for the long-awaited bull run. Learn how to make money in any market and then life will be much easier.
I think if you are a good investor, you will have to adapt to different stages and during the past 2 years, I still make good profits from this market and have a reasonable investment strategy. I never predicted the future of this market but it is likely that this year will be the year most people look forward to and hope that the market will be bustling again like 2017.

Of course, it takes a lot of factors for this market to rise but instead of waiting, you should learn some new knowledge and find ways to make money during this time.

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