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Author Topic: Is the crypto hype over?  (Read 1490 times)
Momoamzad
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September 22, 2021, 07:03:16 PM
 #181

This crypto market is full of drama , when get up and when down no one can say . In today's market condition market is taking correction . It may giving us green signal of bull market. May be take some more days to recovery .0 but prediction says that bull market goin to happen at the end of the year.0 so I think hype is not over yet just buy cheap ,and hodl

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September 22, 2021, 07:26:15 PM
 #182

This is a new adoption, a new way of life that will remain as part of our everyday existence so I don't think it is just about hype, crypto is far from being considered as hype, just recently a country has adopted the use of crypto (btc) as their legal tender, this is a revolution that will spread across all countries in years to come, thr perception of seeing it as hype is wrong and should be corrected.

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September 22, 2021, 07:37:18 PM
 #183

This is a new adoption, a new way of life that will remain as part of our everyday existence so I don't think it is just about hype, crypto is far from being considered as hype, just recently a country has adopted the use of crypto (btc) as their legal tender, this is a revolution that will spread across all countries in years to come, thr perception of seeing it as hype is wrong and should be corrected.

It will be change thru time, as we seen more and more adoptions that happened and there are usages that bring bitcoin closer
to the people, it's wrong to say that it's more on hypes only those non believers have that mentality, but for sure it will be changed
there's no rushing as 10 years passed and still Bitcoin is here to succeed.

This is innovation and most of those who already acknowledge the existence of crypto will benefit a lot.

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September 22, 2021, 07:37:37 PM
 #184

I don't think the hype is now over. Elon musk may stop tweeting about dogecoin but still there are new news about bitcoin like El Salvador adopting bitcoin where they made it legal tender. Now my guess is that some store now accept bitcoin as one of their mode of payment.

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September 22, 2021, 09:25:44 PM
 #185

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
Look around you and notice how big investors from other financial platforms are rushing to Cryptocurrencies, it's because they all see the future and want to be one of the revolutionaries who change the financial cycle. They all invest to get something in the future, they will not let the investment go to waste. If the hype ends, it might be best to take a short break. Indeed, we are no longer busy with tweets, or issues from countries regarding Cryptocurrency developments. Perhaps more accurately, Hype always uses a period of time, then it seems as if it goes out and then appears when everyone is asleep. Surprisingly the crypto industry and so on come and go without saying goodbye to the hype.
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September 22, 2021, 09:44:12 PM
 #186

I don't think the hype is now over. Elon musk may stop tweeting about dogecoin but still there are new news about bitcoin like El Salvador adopting bitcoin where they made it legal tender. Now my guess is that some store now accept bitcoin as one of their mode of payment.
We don't actually need hype but rather an organic kind of recognition or adoption on where people doesn't really think off about hypes or just simply jumped in because they are been dragged with the hype or fomo on this market.

I wont say that there's no hype thing but whenever we do see some dumps or crashes in the market then majority would be whining because they had lost up their investment.

Deal with the current things and be aware on how this market moves and deal and make out decisions that would really be putting you in benefit.


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September 22, 2021, 09:57:05 PM
 #187

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
Bitcoin doesnt need elon musk's tweets or support to grow,Yes they often result in a small pump caused by the hype of those tweets but generally speaking bitcoin did great  before elon musk was even a thing and will probably continue to due so without him.
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September 27, 2021, 11:37:59 AM
 #188

A serious crypto investor does not need rush time explosions. It is much better, albeit a slow, but constant development of the crypto sphere and a confident, increasing market trend. It is more convenient for investment crypto holders.
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September 27, 2021, 12:20:22 PM
 #189

The growth cycle always ends, the crypto industry is now heavily dependent on the S&P 500 and other stock indicators, when the S&P 500 loses 2% cryptocurrencies are up 20%. Take a look at the S&P 500 to BTC correlation chart.

https://www.tradingview.com/chart/BTCUSD/sPxfmxJ2-BITCOIN-The-day-it-became-fully-correlated-with-S-P500/

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September 27, 2021, 04:32:08 PM
 #190

I don't think the hype is now over. Elon musk may stop tweeting about dogecoin but still there are new news about bitcoin like El Salvador adopting bitcoin where they made it legal tender. Now my guess is that some store now accept bitcoin as one of their mode of payment.

It seems to me that the hype is far from over. The market is still bullish due to recent positive news related to crypto's mainstream adoption. El Salvador's decision to adopt Bitcoin as legal tender, as well as, Elon Musk's support towards cryptocurrencies all had a positive effect over crypto market prices. "De-Fi" and NFTs are rising like crazy so it's going to be quite some time before the hype is over. We should take advantage of the situation in order to make as much profits as possible. With or without the hype, crypto will be here to stay thanks to its decentralized and censorship-resistant design. Just my thoughts Grin

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October 08, 2021, 02:33:27 PM
 #191

I suppose that hype doesn't end with any seriousness until things become more popular, more mature to achieve this game changer.  Finally, we could see El Salvado officially legalize bitcoin as the start of that hype.  And it has only just begun.  Of course I'm not talking about NFT or Shiba or BONE, it's hype that carries greater risk than bitcoin.
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October 08, 2021, 03:02:54 PM
 #192

I suppose that hype doesn't end with any seriousness until things become more popular, more mature to achieve this game changer.  Finally, we could see El Salvado officially legalize bitcoin as the start of that hype.  And it has only just begun.  Of course I'm not talking about NFT or Shiba or BONE, it's hype that carries greater risk than bitcoin.
with the hype, as if to make people suffer more. of those who are immersed in the hype will of course be guided by personal beliefs, even putting aside logic, until finally they can experience regret afterwards. but for those who are good at taking advantage of opportunities, I think it will be fine, and going according to the original plan

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October 08, 2021, 05:24:31 PM
 #193

I suppose that hype doesn't end with any seriousness until things become more popular, more mature to achieve this game changer.  Finally, we could see El Salvado officially legalize bitcoin as the start of that hype.  And it has only just begun.  Of course I'm not talking about NFT or Shiba or BONE, it's hype that carries greater risk than bitcoin.
with the hype, as if to make people suffer more. of those who are immersed in the hype will of course be guided by personal beliefs, even putting aside logic, until finally they can experience regret afterwards. but for those who are good at taking advantage of opportunities, I think it will be fine, and going according to the original plan

It's fine and very profitable for those who understand the real potentials of this industry.

The usages and all this acceptance really bring the hypes, not just for the NFT but the real case usages
of Bitcoin and other alternative coins that bring additions to the entire crypto ecosystem.

In choosing good coin always to find what addition to expect and not just because of the hypes from known personalities
or because of some people who wanted to push the value high.
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October 10, 2021, 07:32:44 AM
 #194

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

Even if Elon Musk or any famous richest man/woman in the world gives a bad remark on bitcoin, I don't think that it'll be a huge impact on bitcoin to drop or maintain its curb. Only those fool who followed them are losing interests, don't forget that they're just using their names to give impact on the industry or market for them to ride and have as much profit they could have.
As you see even if China (another supercountry) bans every transaction or use that connects to bitcoin, bitcoin market wasn't that much affected.

Surely this hype is over and another hype will come and take over in the near future and many other countries will join and legalize bitcoin in their respective countries.
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October 10, 2021, 08:50:03 AM
 #195

Looking at the market conditions, it's now a sideways period, whether it's long or short, I haven't gotten that far, but at least it's good to ease the cooling down hype first. A market that is too hype will make an increase that is too fast, this is definitely not good for the long term, imagine if the hype continues to increase non-stop for coins/tokens in a month it's too unreasonable. My view is to see if the hype has reduced or not, just look at the USDT price.

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October 10, 2021, 09:38:47 AM
 #196

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

The crypto hype is over for dogecoin, even people are starting to get frustrated with such coins and the nature of the hype is only temporarily unable to last long enough, even for De-Fi and NFT though, no one can guarantee the hype can last long. We often hear this kind of hype and almost everything we come across will end soon if the hype continues to develop at some point in time, there is nothing to do with reducing bitcoin with hype against memes, because the right choice is to get out of the issues developed against the hype meme coin.

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meldrio1
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October 10, 2021, 09:57:07 AM
 #197

I don't think crypto hype is over just because Elon Musk didn't tweeting anymore about doge and bitcoin and add this Chinese FUDs news.. As you can see now the market is in good condition, bitcoin is getting increase and even the market will go bearish the hype of crypto is still on going because I believe more and more people will grab the opportunity to buy cheap cryptos.

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October 10, 2021, 09:58:22 AM
 #198

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.

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October 10, 2021, 11:56:42 AM
 #199

I don't think so. Remember crypto was there and burgeoning before Elon Musk came into the scene, and would definitely still be around when he's long gone or no more interested in crypto.
Remember the spree days of late 2017. Bitcoin and Ethereum got to some All Time Highs. There was no Elon Musk tweets. In fact there was almost no mainstream recognition of crypto. So yes, crypto is bigger than Musk or any billionaire
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October 10, 2021, 11:59:21 AM
 #200

I don't think so. Remember crypto was there and burgeoning before Elon Musk came into the scene, and would definitely still be around when he's long gone or no more interested in crypto.
Remember the spree days of late 2017. Bitcoin and Ethereum got to some All Time Highs. There was no Elon Musk tweets. In fact there was almost no mainstream recognition of crypto. So yes, crypto is bigger than Musk or any billionaire

There will be new personalities that will join this market if in case Elon Musk decided not to support this market anymore. And this is true, even before Musk came into the scene, crypto was already doing great in the market. Actually, in some cases, he is one of the reasons of confusion of most newcomers. They thought if they will ride the hype owed to his tweets, they can easily get rich with the coin that is being promoted by Elon. But I can assume, some of them lost money owed to following these tweets. This crypto market can't be manipulated by one person alone, even if he is the richest on this planet. This is why crypto is really good for all kinds of users.
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