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

[(o)(o)ilikeboobs(o)(o)]

I think that anything new is overblown by individuals or organizations. Information diffusion and exchange rate manipulation are the main causes. ICOs still exist, and it's true to the value it brings. People have become wiser than before. It is the adaptation in the harsh crypto market. ICOs, IEOs, DEFI have all been overblown and scams. We need to acknowledge it is these trends that have helped to expand and nurture the crypto market.

I think the trend for 2021 will be NFT.
Right now NFTs are doing a great job of storing value. It is possible that next year, in addition to archiving NFT artworks, it will also represent real assets such as real estate, rare items in video games or represent anything human. can be carried on the blockchain.

[very_452001]

I think that anything new is overblown by individuals or organizations. Information diffusion and exchange rate manipulation are the main causes. ICOs still exist, and it's true to the value it brings. People have become wiser than before. It is the adaptation in the harsh crypto market. ICOs, IEOs, DEFI have all been overblown and scams. We need to acknowledge it is these trends that have helped to expand and nurture the crypto market.

I think the trend for 2021 will be NFT.
Right now NFTs are doing a great job of storing value. It is possible that next year, in addition to archiving NFT artworks, it will also represent real assets such as real estate, rare items in video games or represent anything human. can be carried on the blockchain.

Okay you reckon next year will be the trend of NFT tokens instead of CBDC's?

Do you know any good NFT Tokens on coinmarketcap?

NFT's are digital meaning they can be copied right into a million times so how is it rare?

[TheGreatPython]

For an old project in crypto market to come back during bull run will be depending on what kind of project it’s all about. Personally, I think the reason why most of the projects fade out after all these trend of a thing is because they are not reliable at first.

If you check all these projects and the stories behind that has to do with their team you will always be seeing stories that will show you that they are not fully dedicated to what they are doing, they are just there to rake in some money and they are out. So, if the team can dedicate their time and are serious about creating a business that will stand, then it will keep on growing and also experience bull runs when the time comes.

[barbara44]

Basically there is a connection between tech and fashion in the sense that they both have trends and they both get famous for a while and even though they leave and become unpopular for a while, sometimes they get back and be popular once again. Let's not forget that DEX is not something new, it didn't became a big news and attracted tens of billions of dollars because it is a brand new technology that was invented this year, DEX has existed for few years now, but it just got a lot bigger and more famous this year which is why we are talking about it.

If you do focus on what changes in crypto you will see it, but if you look at tech world and coding languages and frameworks and many other things, we see a lot of hypes and ups and downs in there as well, so we can definitely say it does have a lot of similarities with fashion world in that sense.

[very_452001]

Basically there is a connection between tech and fashion in the sense that they both have trends and they both get famous for a while and even though they leave and become unpopular for a while, sometimes they get back and be popular once again. Let's not forget that DEX is not something new, it didn't became a big news and attracted tens of billions of dollars because it is a brand new technology that was invented this year, DEX has existed for few years now, but it just got a lot bigger and more famous this year which is why we are talking about it.

If you do focus on what changes in crypto you will see it, but if you look at tech world and coding languages and frameworks and many other things, we see a lot of hypes and ups and downs in there as well, so we can definitely say it does have a lot of similarities with fashion world in that sense.

Interesting you think the trends that faded in the past can make a comeback again in the future like fashion. Reminds me of the 80s where ripped jeans was a trend back then and the trend has come back in 2020. Trend came back after 30 years which is like a long time  

Do you think crypto trends will make a come back but in a quicker time frame?

I thought in the tech world its impossible for a trend to come back because it is outdated, like for example cd player Walkmans will not come back for obvious reasons. Can the same be said with crypto?

[davinchi]

These are normal things that we should expect to happen, it happens everywhere and it will also be the same with the cryptocurrency environment. Although it might seem like the first trends died off, they really didn’t die off; what really happens is that when new things come out they get hyped and the old ones makes way for them to trend for sometime and before you know it they will balance out. That ICOs are no longer trending doesn’t mean that they are dead, there are still so many ICOs, and there are still STO's and IEO's, and DeFi will also continue.

These are just like an advancement, we will be seeing different things, it’s up to developers to choose what would work best for their project.

[shoreno]

i thought im going to see a btc on here because i notice that btc has its own trend or pattern like for example every  november the price are always rising  or in every other year there is a same price scheme btc are following and why treat them as a tech fashion and why not a fashion (clothing ), hairstyle , etc.  theres so many things do also have thier own trend . if gadgets was an example .old gadgets can go in a trend again . they can remake it and make it more portable , add features , etc . so as the crypto stuffs on here , they can do the same modification to gain attention

[very_452001]

Looks like IEO's are making a comeback from 2019. Just look at Binance Coin BNB & Exchange coins 

I thought 2021 will be the year of NFT's

[tygeade]

i thought im going to see a btc on here because i notice that btc has its own trend or pattern like for example every  november the price are always rising  or in every other year there is a same price scheme btc are following and why treat them as a tech fashion and why not a fashion (clothing ), hairstyle , etc.  theres so many things do also have thier own trend . if gadgets was an example .old gadgets can go in a trend again . they can remake it and make it more portable , add features , etc . so as the crypto stuffs on here , they can do the same modification to gain attention

That is quite wrong, in 2018 the price dropped all the way to 6.5k dollar prices and in November it has fallen to 3k prices as well, all because of the war between BCH and BSV and because Craig sold a bunch of bitcoins he owned from being an early investor, he did it to gain a lot of hash power to take control of BCH which he failed anyway.

Long story short the price of bitcoin doesn't "always" go up ever November, if it was that simple everyone in the world would buy bitcoin on October and sell on December and do this 10 years in a row and you are the richest person in the world, why do we not do it? Because it is not guaranteed, sure there were more Novembers that was profitable than Novembers that wasn't profitable but "most likely" doesn't equal to always.

I personally think the long term is always profitable, as long as you hold it, eventually it will go over the price you bought it from, maybe in a minute maybe in a decade but it will happen.

[el kaka22]

Looks like IEO's are making a comeback from 2019. Just look at Binance Coin BNB & Exchange coins 

I thought 2021 will be the year of NFT's

I have to say IEO is not really making a "comeback" but changing shapes, there are now pre-sales going on in many places and teams are doing it themselves as well, sure they are working on binance chain or any other chain they want but they are doing it themselves as well, plus those pre-sales are going towards giving people the power and not just getting funding neither, you might get power over a very bad coin or you might actually have a power over a decent coin as well, I have seen governance becoming very very important for some of them.

So, basically speaking we are in a situation where we talk about something similar but not the same, it is a very different situation all together. This doesn't mean that we are getting fashion like cycles, it just means that we take old stuff and put new stuff on it and present it as a brand new thing to people.

[very_452001]

What happened to the NTF craze mania, looks like its losing its energy 

We thought 2021 will be the year of the NFT.

Has Meme coins such as Doge and Shibu stole the limelight from NFT's?

So 2021 will be year of Meme coins not NFT's?

[very_452001]

After this crash/correction will it affect the confidence of previous trends to continue?