Is hype any good for the crypto market?

ricardobs

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Quote from: olumyd on April 07, 2018, 01:13:05 PM

Been wondering if crypto had less volatility, and less hype will traditional financial institutions still consider it the future of economies?

Well, for a new market, there is no way hype would not have been in the picture and we have not even seen hype yet. Probably by what you are seeing most frequently in media including social mediums, you may come to a conclusion that hype is everywhere in crypto world.

Based on your question, less volatility and less hype would really not have craved in the huge demand we had been having as generally, people are always looking for ways to get rich, and since demand and supply is one thing that drives volatility, so there is no way the volatility would not have ended up at one point in time.

Edraket31

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Quote from: taktik on April 14, 2018, 09:47:24 AM

Quote from: olumyd on April 11, 2018, 11:53:00 PM

Quote from: Tigorss on April 11, 2018, 09:11:31 PM

I do not think so, and I've never heard of it, I think that if Hype is real, and the announcement is not a big deal. Eos will fall.

That's a little unclear, don't you think? I mean, hype has been used for years to push the market between the boundaries of a bear and bullish market, and so with cryptocurrency, other than mining I really haven't seen the use for a larger number of cryptocurrencies that do exists.

actually I would like to know more about Internet resources, which can be similar to bitcointalk. Apparently in the countries of the post-Soviet space there are practically none and it is necessary to pay attention only to foreign ones.

Well, I haven't done any hype that is why I don't know if it is profitable on it or not. For some reason, I don't want to waste my time doing hype as I don't want to take risk on it. I would rather invest all my money in bitcoin but will not in hype.

taktik

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Quote from: olumyd on April 11, 2018, 11:53:00 PM

Quote from: Tigorss on April 11, 2018, 09:11:31 PM

I do not think so, and I've never heard of it, I think that if Hype is real, and the announcement is not a big deal. Eos will fall.

That's a little unclear, don't you think? I mean, hype has been used for years to push the market between the boundaries of a bear and bullish market, and so with cryptocurrency, other than mining I really haven't seen the use for a larger number of cryptocurrencies that do exists.

actually I would like to know more about Internet resources, which can be similar to bitcointalk. Apparently in the countries of the post-Soviet space there are practically none and it is necessary to pay attention only to foreign ones.

darewaller

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Quote from: sindikat on April 07, 2018, 01:49:15 PM

Why don't you like volatility? I like that. This property of cryptocurrencies helps to generate income every day regardless of the price of bitcoin. A lot of traders money is invested in cryptocurrency. If cryptocurrencies do not have volatility, we can see a large outflow of capital. Cryptocurrencies are good because anyone can find an acceptable way to earn money.

Actually, some who really may not know how to trade or really do not understand how market and investment revolving within a market works, they may find volatility a little bit appalling when the downtrend shows face. It is a normal thing to experience volatility and there is really no way we can even avoid it as long as the market is not dead, so this should not even be a debate on having less hype and less volatility, it is bound to happen and it will always happen. Usually hype creates extra demand, without proper reason a hype cannot sustain. So in my view, hype is a driving factor which always induce extra demand to make prices to keep flying higher.

Fulmand

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Quote from: olumyd on April 07, 2018, 01:13:05 PM

Been wondering if crypto had less volatility, and less hype will traditional financial institutions still consider it the future of economies?

Well, in many situation a hype is needed to create a market overflow. If bitcoin or any other investment stay static it becomes standardized and easy to predict. For many this will create plain and simply boring..The volatility of bitcoin is actually one of the reasons why many investors are encouraged to play because this gives them excitement and think of greater possibilities! For me there is hype even in the volatility of bitcoin. And hype itself is use by many to promote, create and encourage many investors. In the other hand the investors must take caution because one wrong decision could lead to a big loss and a right one could mean a greater profit enough to change one's life forever.

olumyd

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Quote from: Tigorss on April 11, 2018, 09:11:31 PM

I do not think so, and I've never heard of it, I think that if Hype is real, and the announcement is not a big deal. Eos will fall.

That's a little unclear, don't you think? I mean, hype has been used for years to push the market between the boundaries of a bear and bullish market, and so with cryptocurrency, other than mining I really haven't seen the use for a larger number of cryptocurrencies that do exists.

Tigorss

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I do not think so, and I've never heard of it, I think that if Hype is real, and the announcement is not a big deal. Eos will fall.

bitctrimor1

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Quote from: olumyd on April 07, 2018, 01:13:05 PM

Been wondering if crypto had less volatility, and less hype will traditional financial institutions still consider it the future of economies?

I think it has lived up to the hype; I mean it was able to start from the ground and look where it is now. It has been able to prove time and time again of its capacity to regain its composure and be able to stand back up and gain whatever lost in value. In a starting up market, it's not that easy to do that, I also see its capacity to quickly gain recognition and value over a short amount of time, plus how people began to widely accept it as a legit market. Those factors really showed that cryptocurrencies are a good investment to make, but you really have to be patient and hopeful with it.

olumyd

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Quote from: MintCondition on April 10, 2018, 03:15:36 PM

Quote from: bitcon on April 10, 2018, 02:57:41 PM

Quote from: bobo012 on April 08, 2018, 01:51:19 PM

Quote from: olumyd on April 07, 2018, 01:13:05 PM

Been wondering if crypto had less volatility, and less hype will traditional financial institutions still consider it the future of economies?

As i have been saying to a lot of people that have concerns with volatility, it is a non-issue because bitcoin and crypto is new and still has a lot of time to mature. Then it will not be fueled only by hype.

However, last December exactly hype was one of the main reasons that let Bitcoin and some alternative coins to grow so greatly. Demand is also a very important thing.

Due to that December Crypto craze that's why were seeing the dowthread now, other coins that time did great plans to get noticed their coins so that hyped is good as long as the project have really potential in the market, but if it just pure hyped behind a specific organization or just being paid to produce hyped then we should test the capability of that coin now if it can survive at this fall of price only then we can see if their hyped before were worth doing.

Not surprised how most alts took an advantage of the December hype caravan, in fact, many people are on a lookout to see a repeat of what happened last year, forgetting that the best of the market is still speculative.

MintCondition

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Quote from: bitcon on April 10, 2018, 02:57:41 PM

Quote from: bobo012 on April 08, 2018, 01:51:19 PM

Quote from: olumyd on April 07, 2018, 01:13:05 PM

Been wondering if crypto had less volatility, and less hype will traditional financial institutions still consider it the future of economies?

As i have been saying to a lot of people that have concerns with volatility, it is a non-issue because bitcoin and crypto is new and still has a lot of time to mature. Then it will not be fueled only by hype.

However, last December exactly hype was one of the main reasons that let Bitcoin and some alternative coins to grow so greatly. Demand is also a very important thing.

Due to that December Crypto craze that's why were seeing the dowthread now, other coins that time did great plans to get noticed their coins so that hyped is good as long as the project have really potential in the market, but if it just pure hyped behind a specific organization or just being paid to produce hyped then we should test the capability of that coin now if it can survive at this fall of price only then we can see if their hyped before were worth doing.

bitcon

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Quote from: bobo012 on April 08, 2018, 01:51:19 PM

Quote from: olumyd on April 07, 2018, 01:13:05 PM

Been wondering if crypto had less volatility, and less hype will traditional financial institutions still consider it the future of economies?

As i have been saying to a lot of people that have concerns with volatility, it is a non-issue because bitcoin and crypto is new and still has a lot of time to mature. Then it will not be fueled only by hype.

However, last December exactly hype was one of the main reasons that let Bitcoin and some alternative coins to grow so greatly. Demand is also a very important thing.

fasdorcas

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Quote from: bobo012 on April 08, 2018, 01:51:19 PM

Quote from: olumyd on April 07, 2018, 01:13:05 PM

Been wondering if crypto had less volatility, and less hype will traditional financial institutions still consider it the future of economies?

As i have been saying to a lot of people that have concerns with volatility, it is a non-issue because bitcoin and crypto is new and still has a lot of time to mature. Then it will not be fueled only by hype.

Even if we go for voting here on this forum, majority of the people are not going to support the stable nature of the bitcoin. What makes bitcoin better than other modes of investments is its volatile nature. People enjoy the huge money they get after supporting bitcoin for few months or in simple words, let it hibernate in their wallets over the period of 6 months hardly. At least I would never wish for stable bitcoin.

andrei56

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Quote from: olumyd on April 07, 2018, 01:13:05 PM

Been wondering if crypto had less volatility, and less hype will traditional financial institutions still consider it the future of economies?

I really do not think that traditional financial institutions will consider bitcoin even if there was a very low volatility and hype and the reason is in their own names, they are traditional they do not want a change, they want everything to remain the way it is and bitcoin is something completely different, bitcoin is going to change the way we think about currencies and about the economy in general.

olumyd

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Quote from: NeuroticFish on April 08, 2018, 03:54:08 AM

Quote from: richardsNY on April 07, 2018, 06:03:06 PM

Quote from: NeuroticFish on April 07, 2018, 03:24:00 PM

I think that a proper regulation could have better impact than reducing the campaigns and the hype.

Current exchanges either need to be wiped out and replaced by stock exchanges, or crypto exchanges will have to adapt to the high standards stock exchanges are subject to. I personally believe that the latter is more of a realistic option, but for me it doesn't really matter -- large parties need to safely enter and exit the market without having to worry about incompetence, and also without liquidity being a problem. It's just a matter of time with how this industry is getting regulated slowly but surely, but I would have preferred that it all happened a year or two ago. It's not that much has changed other than crypto having gained a whole lot more exposure globally, so the authorities have been sleeping, or not taken crypto seriously enough....

That process has started. Poloniex was bought by Circle, which is owned by Goldman Sachs.
And on the "big fish eats small fish" principle, this wish of your will come true sooner or later. I would have hoped that they'll evolve instead of being swallowed by the bigger institutions, since those big ones may not have the best thoughts towards cryptocurrencies.

However, no matter how it will happen, the evolution comes upon us. Will we like it? Not sure. But we'll have to evolve too.. somehow.

I totally agree with you. I once proposed that the evolution of cryptocurrencies will include merges and acquisitions of different crypto-tech companies. But that would be a thorough blade on the system.

bobo012

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Quote from: olumyd on April 07, 2018, 01:13:05 PM

Been wondering if crypto had less volatility, and less hype will traditional financial institutions still consider it the future of economies?

As i have been saying to a lot of people that have concerns with volatility, it is a non-issue because bitcoin and crypto is new and still has a lot of time to mature. Then it will not be fueled only by hype.

GoldenLad

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Probably it will, probably not its not even the too much hype or less volatility that makes most economy to reject bitcoin, ,its just that most government feels that they are lossing control over their citizens money. The truth is that bitcoin needs more hype to become popular and also to get more investors, and the more investors it gets, the less FUD we will be getting from the government.

tambok

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Quote from: bozo333 on April 08, 2018, 08:28:08 AM

Quote from: olumyd on April 07, 2018, 01:13:05 PM

Been wondering if crypto had less volatility, and less hype will traditional financial institutions still consider it the future of economies?

I think it is stuck in traffic because many problems are created in the Crypto platform so some peoples are buying the Bitcoin at the same time some peoples are selling Bitcoin but both are equally matching the target. This is one of the reason to Bitcoin is less volatility but majority of the peoples are still holding the Bitcoin so future of Bitcoin is more profitable and promising platform.

I think that hype has been one of the reason why some countries does not want bitcoin because most of it are scam, many of it had become victim that is why some countries are after the security rather the taking risk of it, but hype has been one way that bitcoin has become popular.

bozo333

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Quote from: olumyd on April 07, 2018, 01:13:05 PM

Been wondering if crypto had less volatility, and less hype will traditional financial institutions still consider it the future of economies?

I think it is stuck in traffic because many problems are created in the Crypto platform so some peoples are buying the Bitcoin at the same time some peoples are selling Bitcoin but both are equally matching the target. This is one of the reason to Bitcoin is less volatility but majority of the peoples are still holding the Bitcoin so future of Bitcoin is more profitable and promising platform.

NeuroticFish

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Quote from: richardsNY on April 07, 2018, 06:03:06 PM

Quote from: NeuroticFish on April 07, 2018, 03:24:00 PM

I think that a proper regulation could have better impact than reducing the campaigns and the hype.

Current exchanges either need to be wiped out and replaced by stock exchanges, or crypto exchanges will have to adapt to the high standards stock exchanges are subject to. I personally believe that the latter is more of a realistic option, but for me it doesn't really matter -- large parties need to safely enter and exit the market without having to worry about incompetence, and also without liquidity being a problem. It's just a matter of time with how this industry is getting regulated slowly but surely, but I would have preferred that it all happened a year or two ago. It's not that much has changed other than crypto having gained a whole lot more exposure globally, so the authorities have been sleeping, or not taken crypto seriously enough....

That process has started. Poloniex was bought by Circle, which is owned by Goldman Sachs.
And on the "big fish eats small fish" principle, this wish of your will come true sooner or later. I would have hoped that they'll evolve instead of being swallowed by the bigger institutions, since those big ones may not have the best thoughts towards cryptocurrencies.

However, no matter how it will happen, the evolution comes upon us. Will we like it? Not sure. But we'll have to evolve too.. somehow.

Pursuer

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Quote from: olumyd on April 07, 2018, 01:13:05 PM

Been wondering if crypto had less volatility, and less hype will traditional financial institutions still consider it the future of economies?

I don't think they are considering it future of economics now!
and it is not about hype nor volatility of cryptocurrencies. it is all about the difference that exists between cryptos and the rest of the markets. specially when they are decentralized and unregulated. otherwise hype is not the differentiating factor here.

Topic: Is hype any good for the crypto market? (Read 386 times)