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Author Topic: Is the crypto hype over?  (Read 1441 times)
Ulvajaya
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August 25, 2021, 08:32:00 AM
 #101

I don't think the crypto hype will end easily because there are still many investors and that as you described above is just an issue, and don't be trusted with issues like that so that you lose the opportunity to be successful and wealthy.
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August 25, 2021, 09:36:40 AM
 #102

Nope, It's just beginning If I'm tell an example  Back 2017 my Country people Don't know about crypto, but now everyone know about crypto and they invest here and I hope future generations use crypto as a cashless transaction
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August 26, 2021, 03:23:53 PM
 #103

Innovation is far from over and adoption is further. So there are still huge and plenty of room for the crypto space. All we have to do is wait for regulations and ironing out the rogue operators of cryptocurrency, then my speculation is beyond DeFis and NFTs , we are starting to realize how powerful blockchain technology can be.

At least we know that there were some innovations in cryptocurrency like DeFi, and im sure there will be another innovations in the future as well.
If the innovation is good enough, it will create massive adoption which can lead to the profit because the demand will increase.
The success in crypto comes from the innovations and adoptions of the coins.

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August 31, 2021, 06:59:00 AM
 #104

I think crypto is still too young and is unlikely to end too soon.
Something that is censorship-resistant cannot "end" unless people stop using it completely.

Quote
Even though the first crypto was launched in 2009 namely Bitcoin, and the current price is very high, some other cryptos are still just getting started.
Take some free advice and accept that the "other" crypto that are out there namely altcoins are useless as an investment for the long term. If you are willing to throw away free cash to moneygrabbers and fund their yacht parties then by all means do so, but giving money to a beggar sounds better.

In all cases even if bitcoin price is high you can buy smaller fractions of it. You dont have to buy 1BTC all the time. That is insane at this price.

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The current price fluctuations are only to shake the faith of new investors. Who can not survive the conditions when the dump occurs, it will experience a loss.
You will not experience loss unless you sell, you would still be owning that very amount of coins that you have bought, what decreased is the price in fiat for selling that many coins. Important thing here again is that if those coins are bitcoin, you can very well hold and you will see rise in future. But that cannot be said with emphasis when it comes to altcoins.

R


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August 31, 2021, 08:15:28 AM
 #105

True crypto hype hasn't even started. As for now it's a calm time. No big news, no ATH's. I think it's good, we can rest for a while ater so intense spring and summer.
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August 31, 2021, 02:15:27 PM
 #106

I don't think so it's over yet even it's not like people will lose interest if Elon stops tweeting. Prior to Elon presence market was good. I can say his tweets affect the market to some extent but the market runs on demand. Even China's mining ban and Binance regulatory issue affect the market a little bit but such news or things impact the market for a short while only. Even in this highly volatile market, I believe one can not decide the market fate on the basis of 2 months of a bad phase.

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August 31, 2021, 06:05:24 PM
 #107

I don't think so it's over yet even it's not like people will lose interest if Elon stops tweeting. Prior to Elon presence market was good. I can say his tweets affect the market to some extent but the market runs on demand.

With or without Musk tweets the market will continue to move, we all seen that happening and the market still decent and still  moving strong.

Quote
Even China's mining ban and Binance regulatory issue affect the market a little bit but such news or things impact the market for a short while only.

Those news creates impacts and shaken temporary but then again this industry survives and still surviving.

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Even in this highly volatile market, I believe one can not decide the market fate on the basis of 2 months of a bad phase.

No, there's no way that it can be conclude in a short span of time. We will see more cycle and let the market react accordingly.

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August 31, 2021, 07:23:05 PM
 #108

Innovation is far from over and adoption is further. So there are still huge and plenty of room for the crypto space. All we have to do is wait for regulations and ironing out the rogue operators of cryptocurrency, then my speculation is beyond DeFis and NFTs , we are starting to realize how powerful blockchain technology can be.
Regulation i suppose didn't really much affecting the market since the Blockchain was Decentralized and it can't be controlled by anyone so as you said tons of innovations will emerged in the future and i really hope it's offering some new good things, DeFi & NFT was really good things lately but we need more unique stuff in the market. It's not over and still far from Mass-Adoption as you said from my personal persepective it just the market was stagnant and need some push.
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August 31, 2021, 10:28:50 PM
 #109

True crypto hype hasn't even started. As for now it's a calm time. No big news, no ATH's.
It's calm as it is but we've just got the ATH and we're now waiting for another one.
I think it's good, we can rest for a while ater so intense spring and summer.
While you and everyone is resting, you accumulate before a sudden appearance of bull market comes.

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September 01, 2021, 01:18:37 AM
 #110

if I don't end, because the benchmark of the richest people is still in the crypto circle, and many people can be like EM.. we ourselves have to be more careful if we want to be at a safe point and keep crypto going , by buying orinvest with crypto that has the most transaction value..

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September 01, 2021, 05:30:25 PM
 #111

Bitcoin doesn't need hype to be successful. It has gotten so big that big news stories do not affect it that much. Even after all the recent FUD and attacks in the media bitcoin still pumped to over $50k recently. The price has come down recently after the news of Coinbase accounts being hacked but it didn't fall so much that it can't easily recover.

Exactly. Bitcoin is already mainstream (sort of) so it doesn't need hype to survive. Only altcoins need it in order to avoid getting left behind the dust. I don't think the crypto hype is over yet, since the market is still bullish. People are still pouring money like crazy on NFTs and "De-Fi" so I'd expect the hype to continue until at least half of 2022. After that, there will be a bloodbath in crypto's prices due to loss of interest.

Fortunately, the market will recover after Bitcoin's block reward halving in 2024. It's been shown from time to time that Bitcoin goes to a new ATH after each halving, reviving the hype once more. You should take advantage of the hype in order to make as much money as possible. Ultimately, it's all about providing real use cases for the mainstream world. As long as a crypto project delivers as expected, nothing else matters. Just my opinion Smiley

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September 01, 2021, 06:04:06 PM
 #112

Bitcoin is already mainstream (sort of) so it doesn't need hype to survive. Only altcoins need it in order to avoid getting left behind the dust. I don't think the crypto hype is over yet, since the market is still bullish. People are still pouring money like crazy on NFTs and "De-Fi" so I'd expect the hype to continue until at least half of 2022. After that, there will be a bloodbath in crypto's prices due to loss of interest.

Fortunately, the market will recover after Bitcoin's block reward halving in 2024. It's been shown from time to time that Bitcoin goes to a new ATH after each halving, reviving the hype once more. You should take advantage of the hype in order to make as much money as possible. Ultimately, it's all about providing real use cases for the mainstream world. As long as a crypto project delivers as expected, nothing else matters. Just my opinion Smiley
I agree with basically everything you have said except the bloodbath part. There was a bloodpath in bitcoin during 2014-2015 period because mt.gox turned out to be a scam and everyone lost so much money even in that days amount, when you consider it today's amount that is billions gone overnight when they officially said it (and a bit beforehand as well).

Secondly at 2017-2018 period we had all the wars between miners and Craig Wright and coming down from a big bull run it took us lower and lower because they were selling to get cash to pay for their war. Nowadays we do not have that kind of stuff, we haven't fallen too much and we recovered most of it already, I do not think that we will ever see a big bloodbath ever again. This doesn't mean that we will not see any drop at all, of course we will see a drop, but those bloodbaths were like 80%+ down and I doubt we will ever see that again. Other parts of your message are fully agreed though.

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September 01, 2021, 11:47:32 PM
 #113

Crypto hype is over... Are you kidding me? Smiley

Look at the market, watch how NFTs dominate it and check how many projects are starting their journey now. We will have a beautiful Fall-Winter season, forget about this clown Musk  Grin

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September 02, 2021, 08:29:14 AM
 #114

It used to look like it was going to end but now it has recovered and is starting to get better again, for crypto users it doesn't look like it's over but they feel like they've just started and continue to increase until the end of the year because the ups and downs of token prices are very tempting to buy. in investment.

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September 06, 2021, 12:10:14 PM
 #115

The crypto market does get influenced by some news about it whether it's bad news or good news, it will affect the ups and downs of the crypto market but the effect will only be felt for a while, but if viewed broadly, the crypto market runs according to market demand that comes from buying activity. and selling from investors, no one can really determine how the future of the market will be, because investors are not just one person but from various parts of the world.

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September 06, 2021, 12:49:40 PM
 #116

In my opinion, the excitement around cryptocurrency has not even reached its middle. Interest in it increases every year, but it cannot take off in a minute like a space rocket. This is a long process of getting used to a new reality for a large number of people. Take a moment, buy the best coins at a low price and time will tell who was right.
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September 06, 2021, 01:07:46 PM
 #117

yes the hype died but for the doge and shitcoins only exclude the legit coins like Bitcoins  .
There is a reason why Elon stop tweeting about btc and that is because btc is not yet greener but for doge ? I guess he is done with manipulating it  .
 The mining ban in China and the regulation in binance has nothing to do with Elon or with they hype dying but thats infact a sign that more people are now into cryptos .
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September 06, 2021, 03:18:05 PM
 #118

Do you think the crypto hype is over? If not, why? Your input will be greatly appreciated. Thank you. Smiley
Nah, I'm thinking the hype must be laying low especially since the gas fee for Ethereum is skying high. Maybe when the gas price gets lower it will add up the hype again
pulling more investors into crypto. Aside from your aforementioned earlier maybe it's because of the pandemic that affects many things like morale But I believe it is only temporary. So don't worry

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September 06, 2021, 03:49:57 PM
 #119

We believe we are in a process of change, that will not necessarily imply this will stop, because this could be an ability to try the law of the savage system in the view it will endure. It is not without cause; we know that lots of money was spent on cryptocurrency this quarter, causing the price of bitcoin to plummet, affecting altcoins in some way. Some people will give up and believe that bitcoin is a bad investment since they have made a loss.
However, this is the tipping point for stronger people to survive, while those who quit up are essentially amateurs
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September 06, 2021, 05:00:12 PM
 #120

In my opinion, the excitement around cryptocurrency has not even reached its middle. Interest in it increases every year, but it cannot take off in a minute like a space rocket. This is a long process of getting used to a new reality for a large number of people. Take a moment, buy the best coins at a low price and time will tell who was right.
You said it on the spot mate. It hasn't reached the top of it and there will be more but it has to go a little slow at this phase. But having bitcoin reaches back to $51k is good and quite quick.
The fact that many people are becoming interested in crypto makes the hype isn't over yet, there will be more from the market itself and we'll see how long it does have to take for the next phase of this bull run.

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