Is the crypto hype over?

[Henrobakkara]

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.

You are right and it is because most investors have lost the direction to investment. As you said, some investors only see the uptrend as the only market and forget that for you to really make profits out of your investment, you have to buy low to sell high and the only way you can do that is during the bear market. So there was also a lot of hype during the bear market for some that understood that, that was the time to buy and accumulate.  

[eaLiTy]

~
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?

May be the cryptocurrency market was waiting for your to start a topic like this and show you who the boss is as all the market is rallying  . It is too early to come to a conclusion that the rally ended this year as there is plenty of time for the market to revive until we see a major sell off like we used to see after every rally in the past. I am expecting the market to rally further till the winter and then we can talk about the hype slowing down until the next halving .

[traderethereum]

Maybe the hype is over now, but it will start again sooner or later, as that happens to the crypto world.
We already saw this from a long time ago and every time the hype is over, people already take their profit and leave the market for a while until the new thing comes again.
But with what happen to bitcoin a few days ago, it seems the market is trying to break the barrier and it proves that the price can increase to $43,400.
And once the bitcoin price can start increasing, the other projects, especially altcoin, will follow behind bitcoin and start increasing.

[Alisha-k]

Elom musk is a smart business guru. I guess he must have retreated so he can strategize on which coin to hype. For me I feel he is just after how much profit he intends on making within Certain time frame and once his profit target is met he tries to hype another coin. The hype isn't over yet let's expect another Banga soonest and it will be wise to flow along his tweet and exit with a profit as soon as possible.

[carlisle1]

Maybe the hype is over now, but it will start again sooner or later, as that happens to the crypto world.
We already saw this from a long time ago and every time the hype is over, people already take their profit and leave the market for a while until the new thing comes again.
But with what happen to bitcoin a few days ago, it seems the market is trying to break the barrier and it proves that the price can increase to $43,400.
And once the bitcoin price can start increasing, the other projects, especially altcoin, will follow behind bitcoin and start increasing.

Looking inside the current market, most alts are moving upward since Bitcoin is still performing. 

A lots of opportunities to those who are working with day trading, buy low and sell high with small profits,
maybe we might see more and crypto is not calling out yet.

Speculations and anticipation from people who really aiming for higher profits, if this market continue trying to breakout,
$45K is very possible, then $50K might also on it's way.

[Devifajarina]

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.

I don't think Elon Musk has anything to do with people's interest in Crypto lately, in fact bitcoin is getting stronger in position one without any disturbance, while Ethereum is still comfortably in second position until now.

Granted, the crypto hype has started to be abandoned by some, with the current presence of NFT, but there's no compelling reason to say interest or demand seems to be slowly dropping for now.

I guess for crypto hype it's not over for now, it's just that people's interest has decreased towards them, the only step to take is to make new changes, like NFT has done in recent months.

[wack slacker]

Hype always exists, as long as it's fresh and engaging Hype always exists, as long as it's fresh and engaging We have seen Defi and the trend is NFT, NFT gaming play to earn. We will continue to see many more projects in the future being hyped. The cryptocurrency market and the stock market always have a change of the top project codes to invest in.

[cricketkhampion]

No, sir it is not possible because you can see nowadays crypto is going famous you can see the ads of crypto in youtube, Facebook, and other social media and sir and Telsa also accepted BTC so I am thing that crypto will become bright in future InshaAllah.

[RussianEnglishTranslation]

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.

Did you see the charts? NEAR pumped 12% and some cryptos even pumped 45%, it's like 2017 all over again. The hype is not over.

[Johnyz]

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

There’s no hype on the whole crypto market, the hype only happen on a specific project and with meme token I believe its already done and the hype is on the NFT games now. I see this one as a cycle that will always be part of the market so if the hype on one project was done already, you can expect other project to get hyped and the cycle continues. 

[tvplus006]

I can’t name the previous bull run as the hype. It was an ordinary bullish market, and now it is a bear market. Crypto “winter” was predicted and I wait for it, as I strongly believe that we will see many new valuable projects and tokens, so I will invest in them. And then when the market gets warmer and people invest in Bitcoins and other coins, I will get money from newbies.

It seems that the bulls were able to change the situation in the market to their side. After bitcoin came out of the descending channel, and the price of ETH exceeded 3 thousand dollars, investors and traders again began to greedily buy coins, which entails another price increase.  I think that in the near timing the market will return to bull run again.

[TheGreatPython]

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

A baseless claim.
What made you to assume that people already lost interest in crypto these days?

If anyone finds time to analyze about the defamatory characteristics of bitcoin then definitely will think about investing with it. Hence, we do not Elon Musk to keep tweeting but just talking to our friends and colleagues alone more than enough to keep moving this crypto space.

Crypto space is slowly getting into bullish mode right now and I guess we will see new ATH for most cryptos incoming weeks which may happen without tweets from Elon Musk as well.

[RbiggerG]

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.

For what reason would you look at a market for the last two months and come to the weird conclusion that the crypto hype is over? We have 116 billion dollar trading volume and are close to 2 trillion dollar overall market capitalization and you conclude that the crypto hype is over? ^^

Sorry, but I feel I can't quite share your opinion. Only because Musk tweets less doesn't mean people are less interested...

[seleme]

Just one more hit on ATH price and the HYPE will be back but who knows this breakout will be fake or no. The mass demand is still under question, so waiting for the sentimental indicator results will show us how much of the total invested money flow came from the smart or dumb side. Dumb money flow will be a loss in the long run, so the market will show us a clear direction soon.

[traderethereum]

Maybe the hype is over now, but it will start again sooner or later, as that happens to the crypto world.
We already saw this from a long time ago and every time the hype is over, people already take their profit and leave the market for a while until the new thing comes again.
But with what happen to bitcoin a few days ago, it seems the market is trying to break the barrier and it proves that the price can increase to $43,400.
And once the bitcoin price can start increasing, the other projects, especially altcoin, will follow behind bitcoin and start increasing.

Looking inside the current market, most alts are moving upward since Bitcoin is still performing. 

A lots of opportunities to those who are working with day trading, buy low and sell high with small profits,
maybe we might see more and crypto is not calling out yet.

Speculations and anticipation from people who really aiming for higher profits, if this market continue trying to breakout,
$45K is very possible, then $50K might also on it's way.

This moment gives us a chance to buy low and sell high as the crypto market moves good.
But that does not mean that the crypto market can still be like that because every time the price increases, it will have another time to make a correction.
That's why we always need to analyze and maybe setting the alarm can help us determine the right time to trade.
If the situation can be like this, we will see $45k will break and will still increase to $50k and that means we can make a big profit.

[molsewid]

Just one more hit on ATH price and the HYPE will be back but who knows this breakout will be fake or no. The mass demand is still under question, so waiting for the sentimental indicator results will show us how much of the total invested money flow came from the smart or dumb side. Dumb money flow will be a loss in the long run, so the market will show us a clear direction soon.

The FUD from one of the most influential individual alive down to the declaration of China to ban any transaction concerning in cryptocurrency didn't stop the hype of cryptocurrency platform in my own opinion. People keep on coming in this platform, more and more get interested to be part of the community. Bearish market will coming and that is inevitable since it is already part of the cycle of the market so I guess there's no any connection between the two negative action that I've mentioned earlier to the bear market or less hype of bitcoin or cryptocurrency today.

[aylabadia05]

I'm sure, next week Ethereum will pass $3K per coin.

Im sure about that dude. Ethereum is almost passing 3k rate and it's unbelievable coz ethereum can recover its price from the bottom in a short time.
It doesn't even need wait until next week for the price of ethereum to surpass 3k again. I think that we may need to put another target for ethereum coz it will be so easy for ethereum to reach such target.
Bitcoin is still growing so fast and i hope that we will see 50k as the next target to be achieved by bitcoin again. We will be mooning again .

You are so sure. I am amazed by your way of thinking.
Ethereum is easily up to $3K at the moment without having to wait for next week as you said, I think a lot of processing was done by Ethereum so it can be what it is today. I'm sure you understand better than me.

[Text]

For me, I don’t think the crypto hype will end since it was introduced to you.  Even if we say you were just carried away because of the tweets that Elon Musk did before, you can just stay.  Maybe you can stop first because of disappointment or because something unexpected didn't happen, you will definitely come back again and again.  Everything that happens in crypto is not just based on the influence of celebrities, or any other factors or issues that come up that may affect the market trend.  Because I look more at the importance or usefulness of the projects that are developed.

[batang_bitcoin]

You guys still check his twitter page?  I don't do that anymore since he's fud about bitcoin, if he stops twitter about coins that's even much better cause whenever he does some people eventually get  rekt, cause his followers take all his tweets as a financial advice and later start crying & begging him to tweet, so that the coin can Atleast come back to their entry price,the crypto hype is just getting started mass adoption is on the way.

I don't but if there are interesting news that involves him and a sign of bullish news, I'm quick to check his page. But if it's just another FUD and there's nothing interesting with his tweets, it's just like a millionaire's and businessman's twitter account.
Those people that takes his advises financially seriously, they don't know who to believe and they don't have a financial expert that gives them advise. So they rely to Elon which makes them their public figure and mentor that's just directing them to the wrong direction.

[Cling18]

Hypes couldn't last a long time because people believe while some others learn just like what happened to Elon when he hyped Bitcoin and Doge. However, I believe that lots of things could possibly happen in the future. Many could will still be hyped as well as Bitcoin and other top coins. It will be another way to attract users and investors so we should still see it as an advantage.