Is the crypto hype over?

[TelolettOm]

It can be 
Commonly, crypto is hype enough when itis:
- Bullish era with significant increasing price in short time
- Get hype from popular people or public figures in the world
- Good news spreads around the world

And this what makes us sometimes feel bad to see many newcomers only get hype and then invest their money in the hype, finally some are losing their money.

[1714889729]

1714889729

[tokoorochan]

It can be 
Commonly, crypto is hype enough when itis:
- Bullish era with significant increasing price in short time
- Get hype from popular people or public figures in the world
- Good news spreads around the world

And this what makes us sometimes feel bad to see many newcomers only get hype and then invest their money in the hype, finally some are losing their money.

bearish trend also could be hype for us to buy some cheap coins especially major coins. many investors only concern in bullish marke and they buying in this periode. But imagine if they did it in bearish market and accumulate some coins and  hold it for long time , huge profits will come to them later.

[Dread Pirate Roberts]

For some reason, Elon Musk stopped tweeting about DOGE and even Bitcoin, making people lose interest in crypto these days. Add to this the China miner ban, and regulatory action against Binance exchange and you'll see why the market hasn't gone up that much within the last 2 months (approximately). Bitcoin is still struggling to reach a new ATH, while ETH doesn't get past $3k per coin.

Do you think the crypto hype is over? If not, why? Your input will be greatly appreciated. Thank you.

what does crypto have to do with Elon ? what happens in crypto has nothing to do with Elon musk. and also if crypto becomes viral again and rises again later it is also not because there is someone behind it. but because crypto does have more value to attract people to know what crypto is .

[Maslate]

Do you think the crypto hype is over? If not, why? Your input will be greatly appreciated. Thank you.

I really don't think that Elon Musk has an influence on this current pump and that gives me the reason that I say NO.
Maybe I miss something about him but in the first place, I'm not interested anymore to hear and know what he is doing on social media. And I don't suppose to think this situation will cost a lot but of course, we still need to be careful as we know that we can't assure that it will continue to pump since dump is inevitable.

[Luqman]

For some reason, Elon Musk stopped tweeting about DOGE and even Bitcoin, making people lose interest in crypto these days.

You are wrong, although people aren't interested to buy Bitcoin because another reason, surely not caused by Elon Musk. However, I think people are still interested to buy Bitcoin and altcoins, crypto hype isn't over yet. Moreover, after people know the good news about Amazon accepting Bitcoin, people become more active again in buying Bitcoin or altcoins. We can see it from an increase in Bitcoin and altcoins prices lately, it indicates people's interest to buy improving.

[wajik-tempe]

I'm sure the hype of crypto is seasonal and made by design by people who has power. It won't gonna be last forever every day but it has it's season to start the hype. The hype is over when the whales already sold their coins and they want to buy again in the very deep price. So i think the best way to buy cryptocurrency is when people are no longer talk about it and when the hype is already gone.

[iTradeChips]

In my opinion, one hype is over and another hype begins. As you write this, btc has managed to break the 41k usd resistance and is currently trading above 42.5. The london fork took place yesterday in ethereum, I think it will have positive results in the long run. The other hype is that I think it will reoccur on defi and nft

The London fork is another way of making another hype event for crypto enthusiasts. Though I researched on it and from the looks of it, the fork will be a bit disadvantageous for the miners. I should want to see more hype generated because of developments on cryptocurrencies, and not because celebrities and billionaires are making a run for it. If we get more good news from the coin developers then there is a good chance that tech related hype will replace celebrity generated hype.

[andriarto]

In my opinion, one hype is over and another hype begins. As you write this, btc has managed to break the 41k usd resistance and is currently trading above 42.5. The london fork took place yesterday in ethereum, I think it will have positive results in the long run. The other hype is that I think it will reoccur on defi and nft

The London fork is another way of making another hype event for crypto enthusiasts. Though I researched on it and from the looks of it, the fork will be a bit disadvantageous for the miners. I should want to see more hype generated because of developments on cryptocurrencies, and not because celebrities and billionaires are making a run for it. If we get more good news from the coin developers then there is a good chance that tech related hype will replace celebrity generated hype.

we look at it from the positive side where the hype makes the market crowded and of course it will add new people who adopt it because they are interested in its euphoria. if we see that until now there are indeed many celebrities who take advantage of their fame to attract investors, even though it is not necessarily that celebrities understand crypto, it is different if it is done by developers, I agree

[so98nn]

For some reason, Elon Musk stopped tweeting about DOGE and even Bitcoin, making people lose interest in crypto these days. Add to this the China miner ban, and regulatory action against Binance exchange and you'll see why the market hasn't gone up that much within the last 2 months (approximately). Bitcoin is still struggling to reach a new ATH, while ETH doesn't get past $3k per coin.

Sometimes I wonder if the crypto hype is over. "De-Fi" and NFTs are still a big hit, but interest/demand seems to be slowly declining. I'm guessing the next Bitcoin halving will "revive" the hype. But there's no guarantee this will happen since crypto behaves in many strange and bizarre ways.

Do you think the crypto hype is over? If not, why? Your input will be greatly appreciated. Thank you.

Here is why I think Elon stopped tweeting about the crypto side: I think he does not sponsor any of the coins he mentioned earlier. He runs around with billions of dollars in his pockets and I think he barely cares about what to tweet today on his social media accounts.

He enjoyed manipulating the market for few months, may be got some millions out of it and might have lost some. Now he might have lost the interest or may be he is taking that "Magical Break" where we are curious and discussing why the hell Elon is not talking about the crypto at all?

This means we deep down know very well we want him to post something so that market will be hyped one more time.

To add more to the De-Fi and NFT's, they got flooded with numerous projects and coins, and now people think it's just another common thing to have. Though NFT's came in hot and may be they are still burning too good, the economic index is somehow too down for big players to focus on them.

Believe me, even at some point whales need to take pause from the market to replenish their stash!

[clarkt]

Firstly,  we don't need Elon Musk hype in the first place,  it came and what we got is bitcoin  ATH which would have happened with or without Elon.  Those that were losing interest in cryptocurrency are definitely the new comer who lost their funds are investing in shit coin. And now,  there is price reversal on cryptocurrency and we might be able to to reach previous ATH or surpass it!

[G-Money7777]

Nah...Small Cap Coins are just beginning! Q4 is where it all gets weird.


Ark, and Opacity... It's a Storj Killer with a great community

[tabas]

For some reason, Elon Musk stopped tweeting about DOGE and even Bitcoin, making people lose interest in crypto these days. Add to this the China miner ban, and regulatory action against Binance exchange and you'll see why the market hasn't gone up that much within the last 2 months (approximately). Bitcoin is still struggling to reach a new ATH, while ETH doesn't get past $3k per coin.

Sometimes I wonder if the crypto hype is over. "De-Fi" and NFTs are still a big hit, but interest/demand seems to be slowly declining. I'm guessing the next Bitcoin halving will "revive" the hype. But there's no guarantee this will happen since crypto behaves in many strange and bizarre ways.

Do you think the crypto hype is over? If not, why? Your input will be greatly appreciated. Thank you.

No, it didn't make people lose interest in the crypto market. It's just that people are still interested and how did we know about it? we look to the price of bitcoin and ethereum.
Their prices are amazing today and that's why it's really not all about Elon when the market is on hype. There are those that makes the market alive and just do the usual even there's or there's no Elon.

[indah rezqi]

First, people's lack of interest in crypto is not due to Elon Musk. It is possible that due to the financial condition people currently have, it causes people's interest in crypto to decrease.
Second, that cryptocurrency enthusiasts are not decreasing, but increasing. This can be seen from the number of people participating in this forum.
That's my opinion. Regarding the other things you discussed in this topic, I will not answer now.

[gwdf1]

Do you think the crypto hype is over? If not, why? Your input will be greatly appreciated. Thank you.

It is out of the question. First of all, Bitcoin is still growing now, and today it is above 43 000$. Secondly, it doesn’t matter what Elon Musk posts in his Twitter, his advertisement makes only short-term fluctuations,but Bitcoin and crypto in general has a future and has potential beyond just growing because of someone’s tweets. Personally I am a long-term investor and I strongly believe that I will get a lot of income in several years.

[TheUltraElite]

Funny enough, hype also has its trend. At a certain point everyone is buzzing the internet with a certain topic and then after that, once their hidden motives are complete, they stop talking about it and people feel that it has died down. In reality, the altcoin market is built on hype and craze because the altcoin shillers dont attempt to procure bitcoin even after years and so they need the hype to survive.

But the history has taught us that once a certain hype stops another hype starts. This has progressed from Altcoins>ICO>DeFi>NFT and is still continuing. Soon we might see the next leg before we know it and that will be another chance for the market to rise, but the altcoiners dont care, they would never buy bitcoin.

[isaac_clarke22]

~

They went silent in my news feed right now, so I guess that is that for the post-Musk era, more like the whole era of that hype  over crypto due to Musk. Bitcoin is kind of just how it is right now and it does not matter if we don't get back to 64k+ soon, because surely the increases that Bitcoin shows right now is showing signs.
I just hope that there wouldn't be another celebrity hype to it.

[Chuky92]

I might beg to differ and would rather say the crypto hyper is maybe taking a break for another rally. Talking about Elon musk tweets, I remember the last time he tweeted about Doge and there was no much price movements, which shows that people are already fade up with his past behaviours of the market which saw the crypto space reacting in a negative way, that is to say, in a way his Influence is reducing.
Secondly, on the case of China, with their ban on miners, I don't think they will have much influence on the market again, people are already learning to move on from their consistent fud and everything, so in a way too, their influence is reducing as well. So looking at these two cases I would say it is a matter of influence, and since it is no longer profitable for anyone, people are moving on from them. However, the better side of it is, more attention is coming to crypto through other ways, for example Ethereum is on the forefront now, NFT on the other hand is pushing too, Bitcoin is already approaching $45k mark, which most people believes will spark another bull market.

[NeverSop]

It's a must-have cycle.  People who are trying to do it like Elon before understand what it should be.  I also think that the people who create that hype also suffer from a lot of pressure from the community, although sometimes it is only natural.  The effect of crypto is so terrible, anyone is responsible, not just celebrities.  Distortion of value by the community is easy to see in this market.

[aylabadia05]

In my opinion, the crypto hype is still lingering today with a lot of positive news about Bitcoin and discussions taking place in various spaces where I live.
I'm sure, next week Ethereum will pass $3K per coin.

[sirminesalot]

Nah...Small Cap Coins are just beginning! Q4 is where it all gets weird.

We have seen that so many small cap coins gone crazy when the bullish trend already happened.
There will be more and more smallcap coins will be going crazy very soon. We have been seeing bunch of  small cap coins were growing to the moon so fast. It doesn't even need a month to grow.
People should try to take their chance by use the small cap coins as an investment.

Small cap coins is easier for whales to pump. So it's not really depends on how good the project but which one is probably gonna pump by the whales. Investing on these kind of coin is kinda speculating since we don't know which one is going to pump and which one is next.