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 We all know the Sony Walkman hasn't come back and tech gets outdated quickly.

So the questions are can outdated trends in Crypto markets can come back in normal overall bull and bear market cycles?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

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.

So you saying 2020, the year of the DeFi trend is a scam and Decentralised Finance coins have no future at all?

Decentralised Finance sounds wonderful that is taking back control from the centralised banks and governments worldwide which is good for the people. So how does this sound like a scam?

[Shasha80]

That is what makes the crypto world interesting, every year there is always a new trend. Therefore if we want to get profit in crypto,
don't be left behind to invest in the latest trends. And in my opinion there is no way crypto trends will repeat itself, so ICO, IEO and STO
is not a good choice for investment. For now DeFi is still profitable, because it is the latest trend, at least until the end of this year DeFi is
still good for investment. And no one can predict the trends that will be popular in the future, no one will ever know what will happen in 2021.
What is certain is that every trend can make the price of Bitcoin pump, therefore collecting Bitcoin from now on is the thing to do.

[exstasie]

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.

Just because it's centralized doesn't make it a CBDC. A CBDC is intended to be pegged at 1:1 to a national currency, issued by the central bank. They want absolute control; there is no room for middlemen like Ripple Labs in the equation. Why bother with that, trusting Ripple, when they could create their own blockchain?

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

Sure, that's why European CBDCs aren't expected to be in circulation for another 3 years. China has been working on theirs since 2016.

[mersal]

That is what makes the crypto world interesting, every year there is always a new trend. Therefore if we want to get profit in crypto,
don't be left behind to invest in the latest trends. And in my opinion there is no way crypto trends will repeat itself, so ICO, IEO and STO
is not a good choice for investment. For now DeFi is still profitable, because it is the latest trend, at least until the end of this year DeFi is
still good for investment. And no one can predict the trends that will be popular in the future, no one will ever know what will happen in 2021.
What is certain is that every trend can make the price of Bitcoin pump, therefore collecting Bitcoin from now on is the thing to do.

It may look interesting but not really as investor's point of view because investors look for the long term profits mainly so they will skip those project to save their money but still it may give profits for the early adopters since it is already became a trend but one who arrives late and one who failed to cash out in the right time will be getting suffer from this trend outdated in quick sessions.

[very_452001]

Okay so the next year 2021 trend wont be CBDC's as they are still in work in progress and too early for them to be released next year? Maybe they will be the trend for 2022/2023 right?

So what you guys think the tends for 2021 will be?

DeFi bubble now looks burst.

[finaleshot2016]

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.

A lot of crypto platforms and trends are coming in the cryptocurrency community but only a few are legit and will not take your money. It's also true that only a few remain on the top because most of the altcoins are just shit coins. If i will invest in alternative cryptocurrency, i'll choose what's the most profitable and already have 100% assurance that you can double up your money without worrying on it.

Investing into new coins is like trusting with only few assurance because you still don't know what the devs are thinking or does the devs really exist? There are many factors to consider for investing into alt coin that's why I stopped spending money and time to new coins and only investing to those who survived until this year.

[Emitdama]

That’s how it happens in every market like this, there are always trends, even in other areas that are unrelated, just like fashion, there are usually trends almost every year and that’s the same thing we are seeing right now in cryptocurrency. Every year we get in I always see new trends pop out from nowhere, things that I don’t know about, they will just come out and start trending.

Now a lot of people are hyping the DeFi market, it wouldn’t be a surprise to me if they are already building something else that is different from this DeFi, and before you know it another thing will start trending and Investors will forget about DeFi that they once all saw as precious and move for a new trend.

[wiss19]

I talked about this once, how new projects always comes out every year and people will jump on it and then they start hyping it and after they have hyped the price up, they will all sell and still go back to the first old projects that has been around for long.

If you want an investment that will always experience bull run then you should be investing in old coins and tokens like that Bitcoin, Ethereum, and the rest of them. As for these new assets you will usually find trending every year, when they get dumped only a few of them do survive it, the rest just crashes and never return to their top position. So, it’s always best to avoid these trends or go into it for the short term.

[Beparanf]

I talked about this once, how new projects always comes out every year and people will jump on it and then they start hyping it and after they have hyped the price up, they will all sell and still go back to the first old projects that has been around for long.

We will still choose to invest in the proven project for long plan and much safer security but we can still take opportunity from the new once if we assure to ourselves that we will focus on understanding the new project and will 24/7 look at its performance to kno when to buy and sell, with these new projects that creating hype if we know we  can trade and earn profit then we can try as long as we will put limits in how much to buy and range of selling it once it got hyped. These projects are only for short term and should be focusly traded with.

[ecnalubma]

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?

I don’t think old trends will come back again specially that most investors had made a big loss in the past projects that are geared with unicorn promises. Also past trends are very unregulated even the present requires tough regulation.

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

Will never know whats going to be next crypto trend next year but fundraisers are creative in when it comes to raising money and making money so trendy names is a big factor.

[palle11]

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.

ICO would have been the biggest and sustainable hype in cryptocurrency especially related to altcoins because of etheruem and bitcoin would have had some hype too, then we could have two strong hypes running side by side which would have made the market stronger. But with ICO scam, it made all the numerous hypes doubtful.

Now I think a sustainable hype could come from bitcoin, maybe on scalability or something out from bitcoin.

[Febo]

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

2016 was privacy coins so yes, 2021 can repeat that. The big push of opaque ledger cryptocurrencies will come when people will start mass use cryptocurrencies and realise how much data they reveal on transparent ledger cryptocurrencies.

[jaysabi]

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.

What fundamentals does any crypto have? It’s just a stationary asset, doesn’t produce income, doesn’t generate cash flow on its own... when you’re talking about the fundamentals of a stock, you’re talking about cash flow or other metrics of performance to measure the stock price against the profitability of the underlying business. Crypto doesn’t have fundamentals because it doesn’t do anything.

[hatshepsut93]

What fundamentals does any crypto have? It’s just a stationary asset, doesn’t produce income, doesn’t generate cash flow on its own... when you’re talking about the fundamentals of a stock, you’re talking about cash flow or other metrics of performance to measure the stock price against the profitability of the underlying business. Crypto doesn’t have fundamentals because it doesn’t do anything.

The fundamentals of crypto is just how much it is used and if it has any useful properties, like privacy, and of course the most important property is how secure it is. You don't want to trust any big amounts of money for long term to some centralized and unregulated system. With those categories, you can easily compare cryptos and which ones are useful and which ones are shitcoins.

[bitgolden]

Well, they are basically all the same things but people are simply just putting money into different things.

Difference is in 2018 people didn't really put that much money into STO, and even in IEO it wasn't this much of a deal, it was in some places and few coins but the idea wasn't as hyped as this, it wasn't IEO that made people excited, it was binance listing a coin and that is always something to be hyped about, if binance declares that they will add any coin, that coin will go super high even before it hits binances list.

So, this DeFi thing is certainly bigger than all others, it is as big as ICO first days when it got billions in investment. In any case I am hoping that people would finally see that you could actually make money a lot better if you stay away from these hypes.

[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.

So you saying 2020, the year of the DeFi trend is a scam and Decentralised Finance coins have no future at all?

Decentralised Finance sounds wonderful that is taking back control from the centralised banks and governments worldwide which is good for the people. So how does this sound like a scam?

No, what I mean is that while without a doubt there are DeFi projects out there that deserve their valuation the majority of coins are just taking advantage of the hype and releasing projects that will not change the market or that are outright scams, just take a look at the news and it is not rare to find a new DeFi scam story almost every other day.

And the only ones that can tell the difference between good projects and the scams are those that are expert investors and how many of those we have? Very few I guess which is why the rest of the investors need to stick with coins with a long history in order to not lose their money.

[very_452001]

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

2016 was privacy coins so yes, 2021 can repeat that. The big push of opaque ledger cryptocurrencies will come when people will start mass use cryptocurrencies and realise how much data they reveal on transparent ledger cryptocurrencies.

There's posts earlier in this thread stating next year 2021 will be the the year of CBDC's (Central Banks Digital Currencies). Like for example the Fed will create a digital crypto dollar, China central bank creating a digital crypto Yuan, Europe creating digital crypto euro and so on to become cashless societies.

The governments will use these selling points for their CBDC's:

- CBDC transactions can be reversed. For example if you bought something from a 3rd party seller on amazon and the seller doesn't deliver scamming you then you can get in touch with your bank and the bank can do a chargeback or reversal or if you accidentally sent CBDC to the wrong address that can be reversed by the bank's help. This cant be done with bitcoin. If bitcoin requires mass adoption it needs this feature otherwise btc will be just store of value like gold. But then again this feature only works on centralised networks not on decentralised networks like bitcoin.

- The central banks will obviously want to control their CBDC (centralised) so they will know every transaction you make and every paid subscription you have so no privacy. So will privacy coins hit the trend again to gain back privacy? Paper fiat cash in itself is like a privacy coin. I can possibly by a nuclear weapon off the black market that I can pay $millions in cash without the government knowing for example.

- Governments will say CBDC will stop money laundering, narcotics drug markets, cash in hand under the table, tax evasion etc.

- What will happen to stable coins like USDC and Tether once the official Digital Dollar comes out and gets released by the fed?

- What about Corporate coins like Facebook Libra? Will they be in official partnership with CBDC's or allow Libra to be exchanged in the new upcoming CBDC digital crypto forex markets?

- Trends are short term come and go. CBDC's will be with us for hundreds of years replacing the old financial system that ran on paper cash for the past hundred years or so. So how can CBDC's be classed as a trend or hype when it sounds permanent?

- Will CBDC's be a threat to the the whole decentralised crypto market as they will be easier to use by average joe public who will seem them as official and supported by retailers and Amazon with transaction reversal features so average joe has no fear of losing his CBDC?


Lastly the governments can freeze your central CBDC account like Paypal can because its centralised. Thats where bitcoin can be used as a backup but will it be accepted as payment along with CBDC, remember cash will be extinct by then. If bitcoin not accepted as payment and they only accept CBDC as official payment then how the hell you buy food to eat to survive?


Finally it seems data is really valuable. Everywhere you go online or offline nowadays theres companies and so many entities out there that are trying to gather and harvest much customer data as possible via survey, tracking cookies, adware etc. CBDC's will inherently gather your spending data so the government knows how many cans of coke you bought in a 7 day period at what times or so on that can be sold to corporations who will pay top dollar for this data.

I'm sensing that decentralised crypto like bitcoin & Eth and many more will be a threat to CBDC's. So I assume governments will use their mainstream media news channels to hype their CBDC's and tarnish the decentralised cryptos saying stupid things like your a terrorist if you use bitcoin. Their will be a huge campaign against decentralised cryptos.

Investors cant make money in CBDC's because they suppose to be stable right with no volatility unless they are traded in a digital crypto forex or something. Can this digital crypto forex markets of CBDC's kill off the decentralised crypto markets?

[jaysabi]

What fundamentals does any crypto have? It’s just a stationary asset, doesn’t produce income, doesn’t generate cash flow on its own... when you’re talking about the fundamentals of a stock, you’re talking about cash flow or other metrics of performance to measure the stock price against the profitability of the underlying business. Crypto doesn’t have fundamentals because it doesn’t do anything.

The fundamentals of crypto is just how much it is used and if it has any useful properties, like privacy, and of course the most important property is how secure it is. You don't want to trust any big amounts of money for long term to some centralized and unregulated system. With those categories, you can easily compare cryptos and which ones are useful and which ones are shitcoins.

Ah ok, so you're talking about not financial fundamentals, which is what I thought by your post. Usually when people talk about the fundamentals of an asset or investment, they're talking about valuation metrics, which bitcoin doesn't have because it doesn't generate cash flow or profit. It's only worth what people are willing to pay for it, and has no inherent value in and of itself like stock does.

[el kaka22]

Sort of like the fashion world of clothing, but not exactly the same because there are changes. In tech fashion things do not change that slowly, things actually change quite rapidly, in regular fashion world however things do change this slowly.

In tech world you can see something new every 2-3 months, we are slower than that, in fashion world they try to have a yearly change but usually humanity likes some and dislikes some and that means every 2 years or so there is a big change. Same with crypto, in 2017 it was ICO, in late 2018 and early 2019 it was IEO and now at late 2020 it is more like DeFi situation. I can wager that by late 2021 or maybe early 2022 there will be something huge once again, people will pick it up and try to get rich thanks to it without actually caring about it.

[very_452001]

Sort of like the fashion world of clothing, but not exactly the same because there are changes. In tech fashion things do not change that slowly, things actually change quite rapidly, in regular fashion world however things do change this slowly.

In tech world you can see something new every 2-3 months, we are slower than that, in fashion world they try to have a yearly change but usually humanity likes some and dislikes some and that means every 2 years or so there is a big change. Same with crypto, in 2017 it was ICO, in late 2018 and early 2019 it was IEO and now at late 2020 it is more like DeFi situation. I can wager that by late 2021 or maybe early 2022 there will be something huge once again, people will pick it up and try to get rich thanks to it without actually caring about it.

So you think 2021 will be the year of CBDC's?

If so then how do you profit from CBDC's apart from the CBDC version of Forex 

The US is saying now they don't want to rush their CBDC digital dollar within this CBDC race were now having from rich nations. The US is saying it because they said they want to take their time with it instead of rushing it and releasing a CBDC that is buggy/possible exploits by hackers.

What I don't understand is when something is digital it can be patched later via downloadable updates like bitcoin core is. So why doesn't the US win this CBDC race and fix the bugs later with a update patch? Because if China wins the CBDC race then the $dollar will may lose its world reserve currency status leaving the US behind.

Whats your take on this?


Are retail investors able to buy Bitcoin with CBDC's or can governments/central banks put a algorithm in their centralised digital crypto currencies to automatically ban buying decentralised cryptos like Bitcoin?

[moderator's note: consecutive posts merged]