How about the future of the market? - page 4.

gabbie2010

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Quote from: bigdude on June 17, 2021, 10:44:21 PM

I believe NFTs just a bubble trend now.
It will be changed very soon in 2022. With adoption from Binance NFT market this June we can see many people may make huge money following this trend so I will try my best to earn some

Some Investors just wanted to ride on the NFT hype and bubble thereafter when the NFT market becomes saturated saturated they move on to another new hype this won't last for two years as you rightly said and investors are always after any bubble that will fetch them instant profits, I remembered vividly IEO hype few years back which trended for a while before it became thing of the past, some investors are always after rave of the moment thus utilizes whatever benefits they can gain from it.

Digital_Lord

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NFTs will not take the place of altcoins or bitcoins in the future but they will be the main part of cryptocurrency in the future. You can see Binance is launching many new projects in the NFT marketplace and most of the new projects have Non-Fungible Defi Token (NFT). I am thinking to invest in these NFT.

reza7777

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The price drop in the market is not something new anymore but take it easy because it will recover soon, at this time the price of crypto is falling because some bad news is spreading, the most influential news is China and Elon Musk

fvb

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The market is now in a fever and there is a fall and an upturn. This is how it should be, and it will be even more interesting in the future. As for NFT, I think this is a promising business. And something really worthwhile will be appreciated and developed and cost good money. While this is underestimated and will continue to develop and evolve.

lenovop-70

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The crypto trades are getting bigger day by the day, with DeFi and NFT as the trendline now, its almost seen it will grow bigger.
This pandemic take place too in this situation, many people start to earn from home, and crypto is one of the solution for peoples who concern about it, so crypto still have bright futures in the next day.
About price going low now, it is common in trading, price will go high and low depending on supply and demand, dont worry, just follow the whale and keep an eye on news, we will be safe.

harizen

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NFT is a hype but in a form of "it's making sense".

Lots of new projects are now being driven by NFT hype and take note, even amid the bearish market several weeks ago. Currently, there are NFT based projects that rocking the crypto world.

But don't take it as a "future of crypto" as OP is asking about. That kind of question by OP has just raised because of the pullback that happened to bitcoin from around $60,000 to the current price. Remember, past performance can't guarantee future results but bitcoin already proves that no matter how worst the market is, the rise is always guaranteed. Patience, people.

DatKing

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The main problem has been the FUDs. They just destroyed the market and Bitcoin price has gone down to these levels due to this reason. And it feels like we won't see the market recovering until the end of the summer.

When it comes to NFTs, idk. Because its popularity has gone down sharply. Binance may be affective for rejuvenating the NFT market but it may not last very long.

trauchot

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The cryptocurrency market constantly needs a correction, and therefore, on the cryptocurrency market is now undergoing a correction, unfortunately, the correction may last for several years and therefore we need to wait and hope that this correction will end very fast, but when the correction of the cryptocurrency market will be over, a new growth of the cryptocurrency market will begin and new cryptocurrencies will begin to reach heights and about NFT, I think that soon the hype around NFT will start to fall rapidly.

ChaoChibai

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I still want to believe that the future of crypto market will be so bright. I think as time goes by, crpto will be well known in the society and take a special place in every nation. ups and downs in the market is usually happen, therefore this red phase in the market will pass and bull market will come again.

sedahan13

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Actually crypto market continously bigger since this market created. Lets see how growing of the total marketcap, In 2014 the total of market cap about $10 billion but now increasing to $2T. And compared to stocks market, this number still small so crypto market has potential to continue growing. But on the way to, there are always cycle of trend market that always changing.

BobK71

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Defi projects have been very popular for some time. But Now there are many scams in Defi. Defi means decentralized so there is no need to show project team here. So it can be easy to scam here. But NFT project now in better position. it can be more better in future

[email protected]

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I think NFT and DeFi projects will still be a trend that will continue the current rally in the market.
but when the market gets a deeper correction than it is now, then just be prepared to change your investment to enter the top market assets. investors will come to top market assets rather than new assets when market conditions are in a correction.

bamb

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I think future of Cryptocurrency is certainly bright. Bitcoin will increasingly become valuable just by it's design! Many naysayers never thought in their widest imagination that bitcoin could sell for $1k let alone $60k. Now we know these prices have already been reached. As a Cryptocurrency investors, I see bitcoin reaching $100k and beyond and this will have huge impact on Altcoin as well! I believe this just the beginning of better days for Cryptocurrency!

pilosopotasyo

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Quote from: hack3rcon on May 29, 2021, 08:47:41 AM

Hello,
Currency prices are falling, but Is this decline continuing? What is the main problem?
Is it true that NFTs are the future of the cryptocurrencies?

Any idea welcomed.

Thank you.

If we looked on the market we can confirm that it's not, we are still in the bull run it took some time to shake off what Elon musk has done and we are doing great right now, it's slow but investor's confidence is going back we must trust the process, we soon get past the $40k level and go through the $50k level, if we have no bad news coming or no FUDS coming from Elon there's a possibility of Bitcoin reaching $70 to $100k level.

Botnake

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Quote from: lxiaoh on June 18, 2021, 03:29:39 AM

NTF just a hype in the history of cryptocurrency，the problem right now is that there's not enough money in the cryptocurrency market and it's slowly draining away. If there is no another hype to attract people come in then it's likely to bearish season lasting for several years from now.

If NFT is still here by next year, then we can say it's not just hype.
The good thing with crypto is there's a lot of platforms that will be introduced and some create some real hype.

And it's a good thing because it means that developers are really working to develop their projects in the space.
The overall result is positive for the crypto market.

SirLancelot

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Quote from: hack3rcon on May 29, 2021, 08:47:41 AM

Is it true that NFTs are the future of the cryptocurrencies?

NFTs are just another form of collectibles hence how it can be the future of payment system? In my opinion, it is just another short term hype in crypto space so we cannot expect it to be sustaining for more time like how dapps are doing. When something is not having enough potential to be sustaining then how we can expect that to be the future of cryptocurrencies.

I believe only bitcoin can be the only coin which can stay with us to be used as a currency for our day to day life and if you look for something else to be used for an alternate for bitcoin or for your fiat then you may end up in disappointment in long run.

lxiaoh

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NTF just a hype in the history of cryptocurrency，the problem right now is that there's not enough money in the cryptocurrency market and it's slowly draining away. If there is no another hype to attract people come in then it's likely to bearish season lasting for several years from now.

imstillthebest

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of course its not going to continue but there soon be a time again for the rise .
this is normal and there is no main problem but there are factors that contributes to the decline of the price and they can be panic sellers , they panic sell whenever they hear a bad news or see the price declining and manipulators too .
nft is new but they are not the future because we also have ico , ieo and others before and they say the same thing but they didnt go well .

semobo

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Quote from: hack3rcon on May 29, 2021, 08:47:41 AM

Hello,
Currency prices are falling, but Is this decline continuing? What is the main problem?
Is it true that NFTs are the future of the cryptocurrencies?

Any idea welcomed.

Thank you.

Crypto prices are falling but it isn't a new thing in the crypto market, its just a daily routine if you are in the crypto space for a while. Or if you are asking about the bearish trend beginning then its still unknow because no one can actually say what will happen in the future.

But one thing NFT is just a hype, I won't be surprised it fade in the next few months so this is not going to be the future of crypto currencies.

bigdude

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I believe NFTs just a bubble trend now.
It will be changed very soon in 2022. With adoption from Binance NFT market this June we can see many people may make huge money following this trend so I will try my best to earn some

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