Yearly >Trendy< Crypto Markets, Is Crypto becoming like Tech Fashion?

[very_452001]

Greetings,

Theres this yearly new trend I keep noticing in the crypto markets, where these trendy coins have their own bull market till its not trendy no more:

- 2017 = ICO's

- 2018 = STO's

- 2019 = IEO's

- 2020 = De-Fi


In the Tech markets old tech never comes back as we all know. We all know the Sony Walkman hasn't come back and tech gets outdated quickly.

So the questions are can outdated trends in Crypto markets can come back in normal overall bull and bear market cycles?

Lastly what you guys think what Crypto Trend will be popular for 2021 next year? Privacy coins?

[hatshepsut93]

2019 was the year of IEO, I think.

I doubt that crypto trends can make a comeback, they all fail because they are just hype with no real fundamentals. ICOs were just empty promises, IEOs were ICO 2.0, DeFi is not a replacement for traditional finance like it claims to be.

However, people used to say many times that Bitcoin is dead, that it's time for alts to shine, and yet Bitcoin continues to rise. So, it's important to correctly distinguish what is an empty hype and what is a market cycle.

[Twentyonepaylots]

2019 was the year of IEO, I think.

I agree, there are lot of IEO proposal last year, but I notice that only few survived. Give the 2019 for the IEOs.

Not like technology fashion lol, I like it to be called innovation rather than a trend or fashion. And you're right old market might not come back as they were during 2017 or 2018 like ICOs, projects now have lesser chance to survive the competition in the market due to low reputation of new projects from old investors, although there might be a game changer for an ICO but I doubt old investors will still give it a shot. All of us should look forward to use defi in the future, a finance developed on top of blockchain network is what we dream and there it is.

[verita1]

I love DeFi because I see that my Bitcoin has advantages that only a simple Hold, just like my favorite utility token that I can hold and earn dividends, interest and request loans.
There are also projects that offer the use of credit cards loaded with crypto.
It is an experience that I would not exchange for what traditional banking offers me.

[The Sceptical Chymist]

I doubt that crypto trends can make a comeback, they all fail because they are just hype with no real fundamentals. ICOs were just empty promises, IEOs were ICO 2.0, DeFi is not a replacement for traditional finance like it claims to be.

I don't know--it depends on to what extent the suckers have wised up to the game being played.  There are still a lot of people out there who believe they're going to find the next bitcoin when they invest in some overhyped ICO/IEO/whatever, so don't be surprised if we keep seeing these trendy investment schemes come on to the scene, as there will always be scammers.

I love DeFi because I see that my Bitcoin has advantages that only a simple Hold, just like my favorite utility token that I can hold and earn dividends, interest and request loans.

Man, I really need to look into what DeFi is all about, because I know absolutely nothing about what it is and I keep seeing it mentioned all over the forum.  I'd never invest in an ICO or IEO, but if there's something to this DeFi thing I might be very interested.

- 2019 = What was it? I cant remember lol. Was it stable coins like USDT?

Stablecoins got a lot of press in 2019, but I don't think they were ever a really hot thing.  How could they be?  They suck as an investment and their utility in the world of crypto is questionable at best.

Lastly what you guys think what Crypto Trend will be popular for 2021 next year? Privacy coins?

Nah, not privacy coins.  There are some really good ones, but they don't seem to have caught on in terms of popularity as an investment or use in the real world.  And I've said it before, given how concerned a lot of crypto enthusiasts are with their privacy I'm very surprised how little interest there is in them.

[very_452001]

2019 was the year of IEO, I think.

I doubt that crypto trends can make a comeback, they all fail because they are just hype with no real fundamentals. ICOs were just empty promises, IEOs were ICO 2.0, DeFi is not a replacement for traditional finance like it claims to be.

However, people used to say many times that Bitcoin is dead, that it's time for alts to shine, and yet Bitcoin continues to rise. So, it's important to correctly distinguish what is an empty hype and what is a market cycle.

Is it because the already existing centralised traditional finance wont allow De-Fi to take over? So its like for example the big fat cat oil billionaires who control the oil markets wont allow greener healthier alternative energies to take over yeah?

With Bitcoin its popular and nearly everybody has heard of it hence its still ranked 1 after still a decade so Bitcoin will never go out of fashion even though the tech its outdated and slower than some alt coins

Do you think we will see another crypto bullish market cycle where nearly all alt coins get pumped regardless of trend or will there be specific yearly trends from now on?

[hatshepsut93]

I don't know--it depends on to what extent the suckers have wised up to the game being played.  There are still a lot of people out there who believe they're going to find the next bitcoin when they invest in some overhyped ICO/IEO/whatever, so don't be surprised if we keep seeing these trendy investment schemes come on to the scene, as there will always be scammers.

Some random ICOs used to easily get millions of dollars, now they struggle to get even tens of thousands, and the term ICO is strongly associated with "scam", even among beginners.

Is it because the already existing centralised traditional finance wont allow De-Fi to take over? So its like for example the big fat cat oil billionaires who control the oil markets wont allow greener healthier alternative energies to take over yeah?

Because DeFi doesn't offer the same things as traditional finance. There's no personal loans, no mortgage, no car loans, no business loans, etc.

[so98nn]

Lastly what you guys think what Crypto Trend will be popular for 2021 next year? Privacy coins?

May be not privacy coins since everything about crypto runs on data integrity principles so we are already having private transactions and identity antagonist running over blockchain.

Well, you could say they there might be personalised coins that could jump in. A whole new world of possibility where individual developer create their own limited coins lets say few thousands or something with value based on their product market.

They will trade these coins for coins or product for coin basis and keep the liquidity around it.

This could happen considering there are no limits for the contracts that could be built up, network still has huge space. You might find this answer littel out of the box because it may not happen just now but soon.

[Botnake]

The reason why there's a changes because there's an improvement, people are looking for something better, so the old once will become obsolete as the new one gets popular. Of the list that you posted.

- 2017 = ICO's
- 2018 = STO's
- 2019 = IEO's
- 2020 = De-Fi

I only feel the ICO popularity in year 2017 because its popularity has reflected to the market, the rest, I am not seeing some significant changes yet, but hopefully this year we will see a bull run if this yeas is for the year of De-Fi.

[batang_bitcoin]

Lastly what you guys think what Crypto Trend will be popular for 2021 next year? Privacy coins?

I think it's the CBDCs. It's all over the news and I think China is going to be the first one to be approved. Facebook's Libra which is near to a CBDC because it's a stable coin has been delayed so it's a very relevant time to shine for those who are competing with Libra and that's going to be the CBDC. There is also news that I've read about CBDC in Europe so IMHO, that's going to be the next trend for 2021.

[figmentofmyass]

With Bitcoin its popular and nearly everybody has heard of it hence its still ranked 1 after still a decade so Bitcoin will never go out of fashion even though the tech its outdated and slower than some alt coins

outdated compared to what? speed (in the sense of instantly settled transactions) was never bitcoin's strength. it's the most secure network in the world, bar none. even if you account for bitcoin's first mover advantage, that's what users are paying for.

Do you think we will see another crypto bullish market cycle where nearly all alt coins get pumped regardless of trend or will there be specific yearly trends from now on?

it's not either/or. we will continue to see both IMO.

you have the long term market cycles like 2013 and 2017 that mimic bitcoin---where altcoins outperform bitcoin at the peak. then within the altcoin market, there will always be some emerging hype like ICOs or DEFI.

[davis196]

Privacy coins?No way.Privacy coins will get banned by the governments,sooner or later.
I think that De-Fi is still far away from it's peak of being the "next big thing" in the crypto world.
Maybe some off-chain solution like the Lightning Network or the upcoming Taproot fork.
"Outdated trends" like ICOs will never come back in the crypto world,due to the lack of trust.Many people were scammed by the Initial Coins Offerings,so nobody would trust any new and emerging ICOs.

[btc_angela]

I don't think that STO become popular though in 2018, and I wouldn't compare it to tech fashion, maybe it's just crypto continues to evolve in a sense and killed the previous hype. I doubt that privacy coin will be "IN" in 2021, it has a lot of shitstorm coming their way if they become popular, I mean you don't need to look beyond, many exchanges have been delisting privacy coins since 2018 so there's no way for it to become the hottest trend. I think DeFi will continue to dominate next year as well, and I'm sure it will have a massive growth as billions upon billions are going to flow.

[HeRetiK]

In the Tech markets old tech never comes back as we all know. We all know the Sony Walkman hasn't come back and tech gets outdated quickly.

If you want to argue for tech trends outdating quickly you couldn't have picked a worse example than the Sony Walkman though It stuck around for decades and it took the arrival of mp3 players for it to be superseded for good -- portable CD players were shit for the most part and MiniDisc never fully caught on in the consumer sector.

Also vinyl has been having a resurgence for a couple of years now, so even in technology a cyclical nature is not completely unheard of.

Lastly what you guys think what Crypto Trend will be popular for 2021 next year? Privacy coins?

Bitcoin, as more and more people realize that the ICO / STO / IEO / DeFi market runs on hype over substance and trying to pick the winning alt coin flavor of the month is a losing battle.

[BrewMaster]

- 2017 = ICO's
- 2018 = STO's
- 2019 = IEO's
- 2020 = De-Fi

let me add a bunch more but i don't know the years so i just put them in correct order:
- (2010ish) copies of bitcoin that made meaningful changes: LTC, NMC,...
- poor copies of bitcoin and those initial projects that kept reusing the same ideas creating useless coins
- premine coins where they did the same as before but to make money they added premines
- shadowmine coins it is the same as before but instead of a transparent premine they used covert ways to premine the shitcoin
- ICO platforms which did the same exact thing as before but made coin creation cheap, fast and easy and they all have technically 100% premines since the produce the tokens out of thin air and dump it on idiots
- STO, IEO, ... are exactly the same as ICOs where they create a token out of thin air and dump it on idiots under a different name (disguise) so that they idiots don't realize it is the same scam as before.
- DeFi is also the same as all the above where they create something out of thin air, has no usage and has a lot of buzzwords in it but practically is doing the same thing!

- future? nothing is going to change. they keep creating useless coins that raise a lot of money for the creator and/or pumpers and rip off a lot of beginners. that coin also dies after a short time because of being useless.

Man, I really need to look into what DeFi is all about, because I know absolutely nothing about what it is and I keep seeing it mentioned all over the forum.  I'd never invest in an ICO or IEO, but if there's something to this DeFi thing I might be very interested.

keep in mind that similar to smart contracts, the new concept of decentralized finance is very interesting but similar to ICOs, DeFi is a total nonsense and is using the buzzword to empy the newbies pockets.

[very_452001]

I don't know--it depends on to what extent the suckers have wised up to the game being played.  There are still a lot of people out there who believe they're going to find the next bitcoin when they invest in some overhyped ICO/IEO/whatever, so don't be surprised if we keep seeing these trendy investment schemes come on to the scene, as there will always be scammers.

Some random ICOs used to easily get millions of dollars, now they struggle to get even tens of thousands, and the term ICO is strongly associated with "scam", even among beginners.

Is it because the already existing centralised traditional finance wont allow De-Fi to take over? So its like for example the big fat cat oil billionaires who control the oil markets wont allow greener healthier alternative energies to take over yeah?

Because DeFi doesn't offer the same things as traditional finance. There's no personal loans, no mortgage, no car loans, no business loans, etc.

But can DeFi be scaled to offer those loans at what timescale were looking at?

Lastly what you guys think what Crypto Trend will be popular for 2021 next year? Privacy coins?

May be not privacy coins since everything about crypto runs on data integrity principles so we are already having private transactions and identity antagonist running over blockchain.

Well, you could say they there might be personalised coins that could jump in. A whole new world of possibility where individual developer create their own limited coins lets say few thousands or something with value based on their product market.

They will trade these coins for coins or product for coin basis and keep the liquidity around it.

This could happen considering there are no limits for the contracts that could be built up, network still has huge space. You might find this answer littel out of the box because it may not happen just now but soon.

With Countries around the world going cashless societies and releasing their own digital fiat currencies then Privacy coins will be needed right to stop governments tracking you?

You mean someone famous or well known on social media with millions of followers releasing their coins?

The reason why there's a changes because there's an improvement, people are looking for something better, so the old once will become obsolete as the new one gets popular. Of the list that you posted.

- 2017 = ICO's
- 2018 = STO's
- 2019 = IEO's
- 2020 = De-Fi

I only feel the ICO popularity in year 2017 because its popularity has reflected to the market, the rest, I am not seeing some significant changes yet, but hopefully this year we will see a bull run if this yeas is for the year of De-Fi.

Okay you saying DeFi coins will get their own bull run and nothing else except bitcoin and Ether is like the lifeblood to DeFi?

Lastly what you guys think what Crypto Trend will be popular for 2021 next year? Privacy coins?

I think it's the CBDCs. It's all over the news and I think China is going to be the first one to be approved. Facebook's Libra which is near to a CBDC because it's a stable coin has been delayed so it's a very relevant time to shine for those who are competing with Libra and that's going to be the CBDC. There is also news that I've read about CBDC in Europe so IMHO, that's going to be the next trend for 2021.

But CBDS'c are centralised owned by the governments and central bank/treasuries.

Lets say I make $1million in the digital blockchain dollar that will make cashless society in america. If the usa government dont like me they can freeze this digital asset with a click of a button like paypal limiting accounts.

Privacy coins?No way.Privacy coins will get banned by the governments,sooner or later.
I think that De-Fi is still far away from it's peak of being the "next big thing" in the crypto world.
Maybe some off-chain solution like the Lightning Network or the upcoming Taproot fork.
"Outdated trends" like ICOs will never come back in the crypto world,due to the lack of trust.Many people were scammed by the Initial Coins Offerings,so nobody would trust any new and emerging ICOs.

Like banning bitcoin right, but bitcoin still working when countries ban it. Same can be said with privacy coins?

I don't think that STO become popular though in 2018, and I wouldn't compare it to tech fashion, maybe it's just crypto continues to evolve in a sense and killed the previous hype. I doubt that privacy coin will be "IN" in 2021, it has a lot of shitstorm coming their way if they become popular, I mean you don't need to look beyond, many exchanges have been delisting privacy coins since 2018 so there's no way for it to become the hottest trend. I think DeFi will continue to dominate next year as well, and I'm sure it will have a massive growth as billions upon billions are going to flow.

So you think DeFi coins wont dump this year and will continue pumping to the moon and beyond next year?

[moderator's note: consecutive posts merged]

[hatshepsut93]

But can DeFi be scaled to offer those loans at what timescale were looking at?

It can't do that in a truly decentralized manner, because blockchain's benefit are inherently only limited to things that exist on blockchain. This is why you can use Bitcoin as a collateral, but not a car, because you can't put a car on a blockchain. Some would argue that you can make a token of a car, but without legal enforcement such token would be worthless. Similarly, you can't have a stable identity on blockchain, because all identity systems have some trusted verifiers.

[very_452001]

- 2017 = ICO's
- 2018 = STO's
- 2019 = IEO's
- 2020 = De-Fi

let me add a bunch more but i don't know the years so i just put them in correct order:
- (2010ish) copies of bitcoin that made meaningful changes: LTC, NMC,...
- poor copies of bitcoin and those initial projects that kept reusing the same ideas creating useless coins
- premine coins where they did the same as before but to make money they added premines
- shadowmine coins it is the same as before but instead of a transparent premine they used covert ways to premine the shitcoin
- ICO platforms which did the same exact thing as before but made coin creation cheap, fast and easy and they all have technically 100% premines since the produce the tokens out of thin air and dump it on idiots
- STO, IEO, ... are exactly the same as ICOs where they create a token out of thin air and dump it on idiots under a different name (disguise) so that they idiots don't realize it is the same scam as before.
- DeFi is also the same as all the above where they create something out of thin air, has no usage and has a lot of buzzwords in it but practically is doing the same thing!

- future? nothing is going to change. they keep creating useless coins that raise a lot of money for the creator and/or pumpers and rip off a lot of beginners. that coin also dies after a short time because of being useless.

Man, I really need to look into what DeFi is all about, because I know absolutely nothing about what it is and I keep seeing it mentioned all over the forum.  I'd never invest in an ICO or IEO, but if there's something to this DeFi thing I might be very interested.

keep in mind that similar to smart contracts, the new concept of decentralized finance is very interesting but similar to ICOs, DeFi is a total nonsense and is using the buzzword to empy the newbies pockets.

Okay your saying PoW Proof of Work Coins like bitcoin are the only trustworthy coins and POS tokens are made out of thin air?


Most crypto investors are the young tik tok/insta/snapchat/facebook social media generation followers right? If so theres will always be a annual new trendy thing in crypto correct?




Can Ripple XRP be classed as CBDC or do you think Central Banks worldwide will adopt XRP because its not decentralised and because XRP is established tried and tested you know what I mean plus XRP say they have bank partnerships.

A central bank introducing its own CBDC needs to go through trials and testing 1st before getting its population to migrate to it right?

[moderator's note: consecutive posts merged]

[wxa7115]

Greetings,

Theres this yearly new trend I keep noticing in the crypto markets, where these trendy coins have their own bull market till its not trendy no more:

- 2017 = ICO's

- 2018 = STO's

- 2019 = IEO's

- 2020 = De-Fi


In the Tech markets old tech never comes back as we all know. We all know the Sony Walkman hasn't come back and tech gets outdated quickly.

So the questions are can outdated trends in Crypto markets can come back in normal overall bull and bear market cycles?

Lastly what you guys think what Crypto Trend will be popular for 2021 next year? Privacy coins?

It does not really matter what is the next trend you need to stay away from those fads and only invest in good long term projects, I know that many people get excited over those projects because they want to earn a lot of money in a short amount of time but as experience has showed us time and time again that is in fact the way to lose a lot of money relatively fast and never get it back.

This brings the question in what we can invest and that is without a doubt a very easy question to answer, only invest in solid projects that have been around the market for years and that are not scams, coins like bitcoin and ethereum are good investments and you can easily double your money without the risk those coins entail.

[HeRetiK]

Can Ripple XRP be classed as CBDC or do you think Central Banks worldwide will adopt XRP because its not decentralised and because XRP is established tried and tested you know what I mean plus XRP say they have bank partnerships.

A central bank introducing its own CBDC needs to go through trials and testing 1st before getting its population to migrate to it right?

If central banks wanted to use Ripple they'd probably just fork it and improve it to their own liking, for better or worse.

Any entity that has motivation to use a centralized cryptocurrency over a decentralized one will try to establish a centralized currency of its own, as to remain in control.