Is the crypto hype over?

[beerlover]

I don't think Elon musks not tweeting about Dogecoins and Bitcoin has made people lost interest in cryptocurrencies these days, and even the mining issues from china is actually going to turn out to be more positive than negative IMO because we understand what was happening when most of the miners were located in china. As for crypto Hype, I believe that crypto is still very much in play, people will always think this when the market is in a down trend.

That's there are also a lot of people who don't follow Elon Musk and Elon Musk will not dictate the future of cryptocurrency, only beginners will believe Elon Musk, the hype wont get over in the world of crypto, we are always trending in Twitter and it only means that there are really a lot of people who is in crypto world and we are still new, there are still a huge possibility of a mass adaption in the near future. What more will happen if we will be known of all the people in this world.

Unfortunately even though there are many people that do not follow Elon Musk, there are also a lot that do. I do not follow him, I hear about his tweets around here, like all those doge increases didn't make any sense to me at all when I saw it first, then I checked bitcointalk for a few days and eventually people started to open topics about him, which is where I heard it from.

There are a lot of people like me, a lot of people who do not even use twitter, and that is true, however doge still went up way more than we imagined right? It was less than a cent a year ago, look where it is right now, and even the peak price back few months ago. So, even though there are people like me, prices still go up because of people like Elon, only because there are also people unlike me who check Elon all the time. Which is why we can't say that he doesn't matter.

[Baimovic]

The hype against crypto will definitely continue to happen and it is proven that this year the hype for crypto is quite high and it could be that the hype will start to end if the given price continues to experience a significant decline and if we look deeper. price chart so far Bitcoin is always getting 4th year hype If this holds true for the next few years then it can be said that the hype is over but this is if we look at the chart because of everything that happens in crypto we can't be sure.

[agustina2]

Crypto-hype just because of Elon? No way. The hype he creates only focus on specific coin. The hype in crypto will never be over. Even in bear market, that hype is still on-fire. We don't need Elon or any big people for crypto to become hype.

Just checking the Binance list of gainers everyday, we can see how healthy crypto market is.

[Ziskinberg]

Crypto-hype just because of Elon? No way. The hype he creates only focus on specific coin. The hype in crypto will never be over. Even in bear market, that hype is still on-fire. We don't need Elon or any big people for crypto to become hype.

Just checking the Binance list of gainers everyday, we can see how healthy crypto market is.

Well, I don't see any good from Elon in here, he's out of the current trend and he can't be blamed for this but this was a normal market interaction between the adoption and the news. Specifically, we are still in uptrend motion, kinda a healthy market to see since early this year. I'm not going to say that the hypes are over because the market seems to keep on hypes almost every day. The community had to see this was a great opportunity at his pandemic which increase the demand and this will be the reason why the price keeps on rolling higher and higher than before.

[MCobian]

The hype against crypto will definitely continue to happen and it is proven that this year the hype for crypto is quite high and it could be that the hype will start to end if the given price continues to experience a significant decline and if we look deeper. price chart so far Bitcoin is always getting 4th year hype If this holds true for the next few years then it can be said that the hype is over but this is if we look at the chart because of everything that happens in crypto we can't be sure.

Crypto hype will always happen again and again and will not end, it is true that this year there is a lot of crypto hype. Maybe because this year there
was a lot of positive news about crypto, making investors even more enthusiastic about investing in crypto. Crypto hype can also occur due to
manipulation from influencers, so crypto hype will always occur. What we need to do is find out which coins are going to hype, so we can profit from
those coins.

[harizen]

The hype will always be there. Since the creation of this thread, just look at how Bitcoin recovered and correct from the bullish hype months ago.

Playing currently at around $45,000 to close $50,000, it's always as ever that no need for any hype for Bitcoin just to reached that floor at any given trend. That Elon Musk thing before just created more awareness to the current hype but even without that happening, we can still see Bitcoin breaching new ATH while in the progress.

Trust the process.

[Abiky]

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.

I guess you're right. The hype will always be there because of the crypto market's volatility. Cryptocurrencies' prices can go up or down making us either rich or poor in an instant. As long as major cryptocurrencies reach new ATHs, the hype won't be going anywhere soon. Right now it's all about "De-Fi" and NFTs. But in the future, it could be another trend as crypto/Blockchain evolves at a very fast pace. What matters is usability above all else. I wouldn't worry about the hype as long as crypto is useful. Just my opinion

[livingfree]

The hype will always be there. Since the creation of this thread, just look at how Bitcoin recovered and correct from the bullish hype months ago.

Playing currently at around $45,000 to close $50,000, it's always as ever that no need for any hype for Bitcoin just to reached that floor at any given trend. That Elon Musk thing before just created more awareness to the current hype but even without that happening, we can still see Bitcoin breaching new ATH while in the progress.

Trust the process.

Whenever bitcoin and others drop, we're already thinking that it's the end of the bulls. This is what I've seen from others and also sometimes what I feel.

But it's also true that the hype stays as long as it's staying at that better price.

[chanler]

I think it's not true because there are still many people who are crazy about crypto. Just because some people stop talking about crypto doesn't mean the crypto hype is over. there are some countries that start banning crypto but there are also countries that start accepting crypto and I think that is good for the development of crypto itself. we know that crypto can attracts people to own it and it's good if we can use it well. crypto will continue to evolve with the times and we must be able to follow it well.

[iTradeChips]

I really don't consider it as a hype. These are just market forces working for and against crypto. Any news, any tweet, any information from an individual or a country that has something to do with Bitcoin or cryptocurrencies, that is considered as far as I am concerned, part of the market forces that influence cryptocurrency. So right now the market forces are continuously working to pull prices down so that once the price is right, then the buying will start again.

[Boomber]

I think the hype for cryptocurrencies is not over yet, in fact, cryptocurrencies are increasingly popular and many people are starting to invest in cryptocurrencies, so you can't say that the hype for cryptocurrencies is over just because the market price is going down, because every increase there must be a decrease (correction), so of course right now the price of cryptocurrencies must be going down, because the price of cryptocurrencies has increased very high, but of course in the future the price of cryptocurrencies will increase even higher and many cryptocurrencies will create a new ATH again, so now is your chance to invest in cryptocurrencies at a low price.

[minime0105]

The hype is over? Nah i think it's just getting started, the only people who would loose interest because Elon Musk stopped tweeting about crypto would be moonboys and all those shitcoin investors who want him to make a tweet about their bag of shitcoin so it can pump then they will dump it on the plebs, personally I think this is just the beginning with El Salvador buying their first bitcoin and installing bitcoin machines all over their country, its safe to say that we're still early remember the calm before the storm, something huge is coming.

[dhemasm]

~Snip

Yeah, i agree with you but i think it will going to over soon if we didn't see any new innovation in the next few months, The last Hype was NFT and it's look like to going over really soon and the market will become stagnant again. From my Perspective The Hype was over for non-crypto or non-tech people but on the other side for us it's just going to continue since there is a lot of potential on the Blockchain Technology.

[Roidz]

The hype will always be there. Since the creation of this thread, just look at how Bitcoin recovered and correct from the bullish hype months ago.

Playing currently at around $45,000 to close $50,000, it's always as ever that no need for any hype for Bitcoin just to reached that floor at any given trend. That Elon Musk thing before just created more awareness to the current hype but even without that happening, we can still see Bitcoin breaching new ATH while in the progress.

Trust the process.

Whenever bitcoin and others drop, we're already thinking that it's the end of the bulls. This is what I've seen from others and also sometimes what I feel.

But it's also true that the hype stays as long as it's staying at that better price.

indeed we admit previously that the crypto hype had made the price of bitcoin continue to rise high in the market, but that doesn't mean hype is the only cause that makes the price of bitcoin go high, in my opinion there are many other factors that can also trigger the price increase and  goes up and the decline in crypto prices is a natural thing and has often happened in the last few years, so when one hype ends of course another hype will reappear later, so I think the crypto hype will never end as long as crypto is still around.

[the ghabbar]

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 Dogecoin I think it ended last month, now people's focus is on NFT, where many of their favorite projects are released, and have a big effect on the audience, I think the crypto hype will end now, even for bitcoin and Ethereum it's getting more stable and the movement is getting better now, ready to face new ATH in the following months, so it's time to prepare a new pattern in achieving stability for future investments.

[AwoCorporation]

The Doge trend has ended since last month, that's my personal opinion considering the trend of coin memes that are starting to fade and get distracted with the trend of NFT-based projects, coupled with NFT-based crypto game projects that are now getting more and more. emerging, currently there has been an even dump in almost all crypto assets and this indicates the crypto trend will end, I consider it a new pump indicator that will bring up new ATH in the future, this is the right time to set up a new investment strategy that will make us earn big profits when the crypto trend starts to bounce back.

[Mamun74]

I think, The crypto hype is not over.It's still ahead. Cryptocurrency prices Up and down, It's a natural matter.Cryptocurrency are most popular day by day and i think crypto currency is developing more in future.Many people are investing in crypto.I think Every cryptos price will be increase in this year.

[liqidoxgen]

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).

Do you think the crypto hype is over? If not, why?

Currently, cryptocurrencies are poorly controlled by government agencies. Therefore, the actions of the Chinese authorities are aimed at strengthening regulation in this area so that private crypto companies do not interfere with the implementation of the state-owned crypto Yuan (DCEP — Digital Currency Electronic Payment). However, this will not be able to stop the development of crypto technologies around the world.

[bitcoinst]

I think this is a boat that is rocked in one direction or the other. Obviously, a lot of money is being made on this.
Now, I am sure, we will receive a lot of FUD and a dump of prices, but after a while another tweet will blow up the crypto market with another rapid growth and burst of activity.

[odukoyaewatomi27]

The cryptocurrency and decentralization movement isn't just an hype. This is a real technology that has been innovating and expanding for some years now. The excitement around new projects may be reducing due to unfavorable market conditions but NFT, Defis, etc provide real life opportunities for people and has made a lot of people's lives better. Cryptocurrency will play a big role in the future of technology