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Author Topic: Is the crypto hype over?  (Read 1439 times)
Hypnosis00
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September 09, 2021, 11:30:51 PM
 #141

Why do we need to wait for Elon tweets? I don't think it is really needed. Previously, there were no Elon tweets but there was no problem with people's interest in crypto. If many people are not interested to buy now, it is probably caused by what they already bought in the last few months. I guess most people already have enough coins on their wallets, they are just waiting for the next pump now. So, there is no correlation between people's interest in crypto with Elon's tweets.

Some people didn't know Elon yet discoered and ise BTC. It's nice that Elon put hype in crypto but we know that somehow in the future BTC will be common to everyone, the accessibility it gives as well the convenient and less hassle in doing transaction sooner pr later it will be covered by many who needs it the most. At times where no people said what to do we were able to act and study what we can do to improve pur living.
The participation of Mr. Elon Musk gives huge attention to the community and thinking for a positive impact. yeah, we are not wrong because the market is on the rally after that, the demand increase due to a massive increase of investors.

Well, that is something it really happens when a known personality encourages us. Well, for now, I don't think that Elon Musk is highly needed anymore just to keep the market is bullish, because if we look at the market, apparently, it remains healthy even without him. This means that crypto will have such capabilities.
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September 09, 2021, 11:39:01 PM
 #142

-snip-
We can't deny that Elon Musk is influencing the market and encourage his followers to invest in Bitcoin. It gives huge hype in the market and we can't deny also that many people are benefiting during that time until the point has come that Elon Musk is trying to manipulate the market. As we know about his intention, we just ignore his tweets and have no interest in him anymore but for sure, they can still make anything he wants in the market as he has the money.
Like or not, this person really can give big influence to the crypto world, moreover with its popularity, influence, followers, and also of course BTC and coins that he and Tesla have.'Although right now, many people have been aware of the hype that he may be rising again, and some people choose not to follow the hype, it will still give little bit infeunce.
And sadly, if he tweets again about the negative side of Bitcoin or tweets FUD about Bitcoin. It will also give bad impact tot eh crypto market, moreover Bitcoin itself.
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September 09, 2021, 11:54:40 PM
 #143

If it is about Doge, yes it is over enough.
But hype will come up any time when there are some influencing people saying about the coins.
Hype will be new or even something old but being hyped and get higher again.
And now, the hype is on the NFT and game coins.
So, let's it be. we don't know what will be the next hype.

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September 09, 2021, 11:56:38 PM
 #144

In my opinion it's not over, it's just that it's going through a down phase, because the previous few months it has been on the upswing, and I think this is natural, there will be ups and downs in every market situation.
and q4 my prediction will be the beginning of crypto's rise again.
its really funny while we heard people said crypto hype was over while they see price drop. personally cryptocurrency doesnt need any hype or something else, its about future technology that will bring easinest in our life and demand come by it self when developtment done. alot beginers traders trapped in fomo and hype so they said like this.
Common reactions do came from those noobs who do easily freak out when they do see some dump or crash and telling that it is over or crypto market is dead and when it recovers then they are simply regretting because
they havent able to accumulate while its still cheap.This market isnt really create for some hype but rather having that real-use case.We dont need hype but rather we do need adoption and recognition for this
market to progress more and as a crypto enthusiast or investor or trader then you should know on when to get in and when to get out on securing your profits.

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September 10, 2021, 12:29:38 AM
 #145

its really funny while we heard people said crypto hype was over while they see price drop. personally cryptocurrency doesnt need any hype or something else, its about future technology that will bring easinest in our life and demand come by it self when developtment done. alot beginers traders trapped in fomo and hype so they said like this.
mosf of them was beginer traders that need popular figure to shill their project and create hype to attract investors or buyers. but they forget about bitcoin which is since begining never shilled by anyone to make it survive. demand will create itself when dev team able to deliver utility in their ecosystem, so hype was not needed here.


Common reactions do came from those noobs who do easily freak out when they do see some dump or crash and telling that it is over or crypto market is dead and when it recovers then they are simply regretting because
they havent able to accumulate while its still cheap.This market isnt really create for some hype but rather having that real-use case.We dont need hype but rather we do need adoption and recognition for this
market to progress more and as a crypto enthusiast or investor or trader then you should know on when to get in and when to get out on securing your profits.
this noobs shouting price too expensive when they want to buy but when price drop and give them opportunity to buy in dip they said market hype is over. every movement in market make them affraid.
Kyraishi
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September 10, 2021, 12:33:14 AM
 #146

It was never "hype" to begin with. It was well deserved attention that was overdue for a decade.

People are just starting to realize the power of cryptos and are harnessing it to a variety of usage cases.

I don't think that constitutes hype - and if it does, then it's certainly not dying down any time soon. Large institutions are just coming into the scene and buying up coins & putting out research. This is just the end of the beginning.

avarnet
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September 10, 2021, 12:52:27 AM
 #147

Maybe Elon Musk feels he has a big influence in the bitcoin world and he took the initiative to do something like that for his personal interests so that he can get more attention, so he has other plans to stop tweeting to make people lose interest in crypto, so the market cools down , thus he has the opportunity to take steps to reinvest more because it is cheap, do you think the crypto hype will not end

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September 10, 2021, 01:53:09 AM
 #148

It was never "hype" to begin with. It was well deserved attention that was overdue for a decade.

People are just starting to realize the power of cryptos and are harnessing it to a variety of usage cases.

I don't think that constitutes hype - and if it does, then it's certainly not dying down any time soon. Large institutions are just coming into the scene and buying up coins & putting out research. This is just the end of the beginning.

Personally I think that the crypto hype is not over but it's just the beginning for a more surprising developments and adoption of cryptocurrency in the economy. It takes a decade for a cryptocurrency to be known by many people before popular personality came into a picture and make it one of his social media content. What I mean is the involvement of those certain people in crypto over the past months is such a big participation for a crypto to hype and attain ATH but I do believe that crypto will make a remarkable development in the future even without those personality involvement because the platform itself speaks for a future of digital finances.
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September 10, 2021, 02:53:27 AM
 #149

We are still into this game and with elon musk it's good he is silent now because he always make bad remarks on his tweet of what he did on bitcoin's crash few months ago. Crypto is still here and hype is still on because adoption is still healthy and we have much more room to grow.

lousie9
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September 10, 2021, 05:32:55 AM
 #150

The crypto hype is still not over as there will be some hype in the next few years even though currently Elon Musk has not tweeted about crypto, of course that is not the reason the hype is decreasing as many factors affect the fundamentals in the market. market And with the depletion of the supply of Bitcoin to be mined, of course this will be a big moment for Bitcoin to reach even more fantastic prices in the future and can get new hype in crypto so that many investors will enter.


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September 10, 2021, 06:35:01 AM
 #151

I think but the hype of the cryptocurrency is not like ending so early. From the moment the Cryptocurrency starts, you can see that when a hype ends, a new hyte is created. Last few years ago, everyone was able to see that ICO hype was a lot. When ICO Hype was over, the new hype was created. Then IDO Hype was created. When we all saw the end of the IDO the currency moved towards the new hype NFT . So I believe Cryptocurrency Hype is not going to end so early because when a lost end comes to the market with a new hype. I believe Cryptocurrency will build a new hype again in the future before the Hype of the NFT is over.
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September 10, 2021, 06:39:08 AM
 #152

I think but the hype of the cryptocurrency is not like ending so early. From the moment the Cryptocurrency starts, you can see that when a hype ends, a new hyte is created. Last few years ago, everyone was able to see that ICO hype was a lot. When ICO Hype was over, the new hype was created. Then IDO Hype was created. When we all saw the end of the IDO the currency moved towards the new hype NFT . So I believe Cryptocurrency Hype is not going to end so early because when a lost end comes to the market with a new hype. I believe Cryptocurrency will build a new hype again in the future before the Hype of the NFT is over.

The crypto hype will never be over until crypto become the mainstream currency and also everyone adapts crypto. These days we have NFT hype and also blockchain gaming hype is also growing. I hope that crypto does not depend upon hype's. Rather good and stable projects develop which may be adapted world wide.
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September 10, 2021, 09:36:52 AM
 #153

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. Smiley

We really don't need to hype, the Cryptocurrency technology is here to stay many companies are coming in new trend are created that revolves around Cryptocurrency I prefer the price moving slowly but steadily than huge pump and fast dump we should be excited and at the same time thankful that adoption is coming in finally and only a few countries are banning the use of Cryptocurrency.

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September 10, 2021, 11:19:46 AM
 #154

I think but the hype of the cryptocurrency is not like ending so early. From the moment the Cryptocurrency starts, you can see that when a hype ends, a new hyte is created. Last few years ago, everyone was able to see that ICO hype was a lot. When ICO Hype was over, the new hype was created. Then IDO Hype was created. When we all saw the end of the IDO the currency moved towards the new hype NFT . So I believe Cryptocurrency Hype is not going to end so early because when a lost end comes to the market with a new hype. I believe Cryptocurrency will build a new hype again in the future before the Hype of the NFT is over.
The hype will continue as we are an evolving market, there are new projects that are introduced and since the supply is limited, the price would always be volatile as people love to speculate. The more money will enter, the more the market will be volatile, hence the hype will stay and we should accept that already.

The way to earn in crypto is to understand the nature of the market, know how the market will react to every news and speculation.

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September 10, 2021, 12:54:31 PM
 #155

I dont think that the crypto hype is over especially now that NFTs is getting much attention. In addition, I think that cryptocurrencies now in the verge of mass adaptation very soon.

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September 10, 2021, 12:58:31 PM
 #156

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. Smiley
FUDs are created only to make big investors or whales to accumulate and store more cryptos are selling in a price but it doesnt even destroy the whole cryptoworld knowing that many enthusiasts are strong hands and know the market flow. Also knowing that plenty of countries now are adopting cryptos as mode of financial system, I dont think that crypto is over.

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September 10, 2021, 03:02:17 PM
 #157

I dont think that the crypto hype is over especially now that NFTs is getting much attention. In addition, I think that cryptocurrencies now in the verge of mass adaptation very soon.
The hype is thrilling action movies and to have such impressive scenes, the producer needs to consult a lot of materials and scripts, ICO then Defi and then NFT, there's always time to film so the script is as complete as possible, when we see the hype about a genre is gone, it's just a break and then another hype begins, crypto is inactive all year round with hype, very distinct season division. 

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September 10, 2021, 03:28:11 PM
 #158

hype is still on the crypto market, but for this month I think it will be sideways during mid-September like 4 years ago, this scheme will probably repeat itself and many experts say the end of December 2021 will be the peak of the Bulls. so don't worry the crypto market will not over and will be trending on the next year with new development technology

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DeathAngel
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September 12, 2021, 07:36:27 PM
 #159

Is ‘the crypto hype over’. It absolutely is not OP & you’re an experienced enough member to know how market cycles work. I’m unsure if you’re trolling or not but this is totally normal during a period of price consolidation which can be relatively boring, hype dies down. Wait until we start pumping again, all the media & retail will return. We are still in a bull market, just a cooling off phase. It’ll heat up November, December.

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September 12, 2021, 07:45:50 PM
 #160

I dont think that the crypto hype is over especially now that NFTs is getting much attention. In addition, I think that cryptocurrencies now in the verge of mass adaptation very soon.

Crypto hype will be stay forever in this market, but weak hands will be washed out throughout the correction phase. Also, mass adaptation is already started, but fuds are increasing day by day which won't last long, IMHO. So, it might stay into mainstream for few more months.

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