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olamidey
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July 13, 2020, 12:52:08 PM
 #41


I would love to call 2016, 2017 and even the early days of 2018, "the years of Lambo", because during these years, cryptocurrency investors became so rich that buying Lamborghini was a normal thing.

During those years, you could invest 500 dollars and cash out thousands of dollars in just a month, so what went wrong?

The truth is nothing really went wrong, reality only set in, and cryptocurrency has evolved into its next stage. You may not be able to cash out as big as those days, but one thing is for sure, cryptocurrency has progressed.

I don't know if those days would ever come back, but I know there's going to be better days.


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July 13, 2020, 01:13:58 PM
 #42

The problem is what will cause the next bull run? Those people who already in cryptocurrencies are no more interested in buying more cryptocurrencies. We need to attract new people, and for this, you need real fundament behind the cryptocurrencies. Something like cryptocurrencies is the future of means of payment and big companies are ready to ensure their credibility.

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July 13, 2020, 01:36:11 PM
 #43

But I miss the years when there were many profitable projects so many people were interested in flocking to find out more about the world of cryptocurrency, Including me who came to seek profits and trade even though only relying on luck without much knowledge

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ethereumhunter
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July 13, 2020, 02:42:41 PM
 #44

I don't know whether such years will return or not, but I hope that they will return soon whether this year or in 2021, I honestly wait for that. although it looks difficult because now there are enough scammers trying to use crypto, so I think investors will be very careful in choosing projects so that the popularity of crypto is difficult to achieve as in 2016-2018. however, it will return when the price of bitcoin reaches another $ 20k.
If you want the market to return to 2017, I think we must first remove all scam projects from this market. Then the new altcoin market can develop and investors will fully trust those altcoins. Altcoin scam is killing this market

That will not be easy because we don't know which project will scam people. We only know if that project is a scam in their journey and make the investor disappoint with the project. But not all altcoin is worse because many altcoin are trying to give us the profit, and many projects are still trying to survive. You should be careful if you want to choose the project and make sure you can get much information before you invest.

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July 13, 2020, 02:56:43 PM
 #45

If it is happened then i can say this is crypto currency and we are proud to be say that and i believe in coming future it is possible but any one can't predicted the time...crypto predicted is totally nonsense..
they are not predictions, just speculation. some people make predictions that will happen in a long time or close. we see from the signs carried out by the project in the update. we really won't know when it will happen. but we always prepare when there will be a big moment.

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Janus101
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July 13, 2020, 05:06:49 PM
 #46

I don't know whether such years will return or not, but I hope that they will return soon whether this year or in 2021, I honestly wait for that. although it looks difficult because now there are enough scammers trying to use crypto, so I think investors will be very careful in choosing projects so that the popularity of crypto is difficult to achieve as in 2016-2018. however, it will return when the price of bitcoin reaches another $ 20k.
If you want the market to return to 2017, I think we must first remove all scam projects from this market. Then the new altcoin market can develop and investors will fully trust those altcoins. Altcoin scam is killing this market
Big wrong, the crypto market in 2017 has plenty of scam projects too (bitcoinnect, hello?). They even more rampant with scam projects compare it today. I thought 2020 would be a big year for crypto and bitcoin but the covid come in play and f up everything. Now, we're dreaming about back then, 2017. Great!
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July 13, 2020, 05:37:03 PM
 #47

I have been thinking if cryptocurrency projects should come back as it was in the early 2016 to 2017 as many of us came into cryptocurrency industry the time it has been made visible to many people, because that early 2016 a lot of people don't really have the knowledge and how it works that time, what do you think that will happen if those days should come back in the crypto phase?
I understand that you mean if you have more knowledge about how cryptocurrencies are working and if all cryptocurrencies are available like how it was priced by the times of 2016 to 2017, then you will become a bag holder, right? But, I am sure I was having enough knowledge about cryptos by the times of 2015 itself still I did not find ethereum as a good investment or did not get enough money to buy more bitcoins when it was doing under $1000.

So overall, you can still find many similar opportunities to make yourself rich; I mean you do not need to worry on the past and all about the missed opportunities. Because there are still enough high potential altcoins are available in the market and you can invest and make yourself rich; but you need to find the right one.
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July 13, 2020, 05:43:40 PM
 #48

But I miss the years when there were many profitable projects so many people were interested in flocking to find out more about the world of cryptocurrency, Including me who came to seek profits and trade even though only relying on luck without much knowledge
If the altcoin season do come back just like it was in 2016 or 2017 then you will do a better job in earning and also trading because now you are more established in the community as compared to the year 2016/17 because the time you invested will pay you well now in altcoin season.
The ICO that give you good returns have decreased now because a lot are coming daily and out of which only a few percentage of those projects are only legit and rest are either haphazard that won't make you money or either are scam which can easily be identified right from the start.

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July 13, 2020, 05:47:28 PM
 #49

I have been thinking if cryptocurrency projects should come back as it was in the early 2016 to 2017 as many of us came into cryptocurrency industry the time it has been made visible to many people, because that early 2016 a lot of people don't really have the knowledge and how it works that time, what do you think that will happen if those days should come back in the crypto phase?
Your message subjects and topics aren't perfect. I think so many people had knowledge about cryptocurrency without only newcomers. Cryptocurrency is changing slowly before 2017, the situation was the same in 2013 but not as big as 2017. Maybe now you get the right point, even though let me clear the next flow will be bigger than 2017. Because more investors are already including the cryptocurrency.
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July 14, 2020, 11:51:58 AM
 #50

The shortest definition  of cryptocurrency is "Cryptocurrency is a platform where anything can be done" more like a new internet. it's pioneering project was Bitcoin whose original purpose is to serve as a replacement to Fiat currency, building by all the shortcomings of Fiat.

Cryptocurrency is an amazing innovation. Cryptocurrency is not quite where it wants to, but we must admit, it has come a very long way.

In theory Bitcoin is simple, you create a wallet and get your special transfer code, it is similar to opening an account with a bank, the difference is that with Bitcoin, it is easier, involves less paperworks and faster transactions.

Once you have your wallet, you can either mine token (which involves a lot of technical processes) or buy Bitcoin from an exchange. Over time

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July 14, 2020, 12:00:05 PM
 #51

I have been thinking if cryptocurrency projects should come back as it was in the early 2016 to 2017 as many of us came into cryptocurrency industry the time it has been made visible to many people, because that early 2016 a lot of people don't really have the knowledge and how it works that time, what do you think that will happen if those days should come back in the crypto phase?
Your message subjects and topics aren't perfect. I think so many people had knowledge about cryptocurrency without only newcomers. Cryptocurrency is changing slowly before 2017, the situation was the same in 2013 but not as big as 2017. Maybe now you get the right point, even though let me clear the next flow will be bigger than 2017. Because more investors are already including the cryptocurrency.

With more investors to come inside this market, the chance that the value will rise even more. There's a big chance that we will reached
another peak, new ATH i the near future.  The more investment to flow the higher the value it can go, end users plus adoptions
results to a explosive journey, so while you have a chance to store your coin best
to start collecting and treat it as long term investment.

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July 14, 2020, 01:23:00 PM
 #52

they are not predictions, just speculation. some people make predictions that will happen in a long time or close. we see from the signs carried out by the project in the update. we really won't know when it will happen. but we always prepare when there will be a big moment.
Everyone is obviously ready to face a big moment, but not everyone is ready to face a bad moment in the crypto market, so please wait for the moment of that prediction, but don't be disappointed if it turns out that things did not materialize as predicted.
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July 14, 2020, 03:30:23 PM
 #53

they are not predictions, just speculation. some people make predictions that will happen in a long time or close. we see from the signs carried out by the project in the update. we really won't know when it will happen. but we always prepare when there will be a big moment.
Everyone is obviously ready to face a big moment, but not everyone is ready to face a bad moment in the crypto market, so please wait for the moment of that prediction, but don't be disappointed if it turns out that things did not materialize as predicted.
I think no one is ready for negative scenarios. only experienced people always have several strategies. a strategy in case all is going well and a strategy in case everything goes not according to plan.






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July 14, 2020, 03:33:17 PM
 #54


Yes, it is absolutely true in 2016 and 2017 that were the most profitable for cryptocurrencies. And all projects honorably followed their rules. And participants received rewards according to the rules. And now I think that the time will soon come when the cryptocurrency will again delight us with its achievements.
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July 14, 2020, 03:52:45 PM
 #55

That was the old-time when many investors were unaware of cryptocurrencies. Now a day almost everyone is aware about cryptocurrencies and investment in crypto space has increased a lot. However having said so, many scammers have also entered in this world and created thinking of uncertainty or fear of losing the investment.  As the crypto market is growing bigger, I think strong regulation should be applied so the keep up or increase the confidence of investors and help genuine projects to grow which can really shine the crypto markets.

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July 14, 2020, 04:00:11 PM
 #56


Yes, it is absolutely true in 2016 and 2017 that were the most profitable for cryptocurrencies. And all projects honorably followed their rules. And participants received rewards according to the rules. And now I think that the time will soon come when the cryptocurrency will again delight us with its achievements.
This time is already very close. Now there are already many projects that bring great profit to their investors. many new startups give a profit of 100-500 percent after listing on exchanges. I am sure that positive changes in the market are already close


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harizen
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July 14, 2020, 04:49:48 PM
 #57

I have been thinking if cryptocurrency projects should come back as it was in the early 2016 to 2017 as many of us came into cryptocurrency industry the time it has been made visible to many people, because that early 2016 a lot of people don't really have the knowledge and how it works that time, what do you think that will happen if those days should come back in the crypto phase?

Most projects succeed back on that year, not because of their supposed used-case but only "hype".

With lots of people earning decently during that time, it's easy to attract investors, whatever the project concept it. Those peeps now experience the 2018 bearish market and I think only a few of them stay on the game.

Be thankful that those hype days were gone. It's better to see that crypto is moving forward with real enthusiasts and not just because of hoping an overnight profit.

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lumeire
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July 14, 2020, 05:49:02 PM
 #58


Yes, it is absolutely true in 2016 and 2017 that were the most profitable for cryptocurrencies. And all projects honorably followed their rules. And participants received rewards according to the rules. And now I think that the time will soon come when the cryptocurrency will again delight us with its achievements.
This time is already very close. Now there are already many projects that bring great profit to their investors. many new startups give a profit of 100-500 percent after listing on exchanges. I am sure that positive changes in the market are already close
The projects were already out there that would have made you 2x to 5x your money, its just that they get overshadowed by the huge number of new projects coming in the market every day. The biggest problem right now is that the bounty that these projects provide is too much less as compared to the reward that they are giving in the bounty pool. Also more the number greater the competition of the ICO, so the competitors are making each other loose money.

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July 14, 2020, 06:44:12 PM
 #59

It is the utmost desire of everyone that cryptocurrency should return to the days of old when the rate of profit making was at its peak. However, no matter what the present condition of crypto is now, there is still a high possibility of having crypto shooting higher than the way it was in 2016 down to 2018.If this happens, I know this will incite many people to want to get involve in cryptocurrency. Also, a lot of beneficial bounty campaign programs will start to emerge alongside with it because everyone will be so concerned on how to make profit. We need to keep our hope alive in cryptocurrency believing that better days of better profit is ahead of us.

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sammy21
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July 14, 2020, 06:47:24 PM
 #60

The projects were already out there that would have made you 2x to 5x your money, its just that they get overshadowed by the huge number of new projects coming in the market every day. The biggest problem right now is that the bounty that these projects provide is too much less as compared to the reward that they are giving in the bounty pool. Also more the number greater the competition of the ICO, so the competitors are making each other loose money.
It all depends on us. new projects that come will become junk when they come to compete with other projects that are already on the market without a good innovation. whatever our investment, please determine your own based on your desires and abilities.

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