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Topic: Is the crypto hype over? - page 6. (Read 1490 times)

sr. member
Activity: 1022
Merit: 252
September 08, 2021, 08:43:39 PM
As we can see from the history, crypto hype is seasonal. In a year there must be some big events that make the name of crypto currency going up to the surface. But this year is quite special i think, there are a lot of people jump to invest in crypto unlike the other previous year.
I think it also because the pandemic effect where people are staying home a lot and looking for something interesting on the internet.
So the hype is maybe diminishing a bit but i'm sure it's not over yet.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
September 08, 2021, 07:24:21 PM
In my opinion, the excitement around cryptocurrency has not even reached its middle. Interest in it increases every year, but it cannot take off in a minute like a space rocket. This is a long process of getting used to a new reality for a large number of people. Take a moment, buy the best coins at a low price and time will tell who was right.

I would say that the crypto hype comes and goes depending on certain mainstream events. One thing for sure is that the pandemic, Elon Musk, and other events have caused the market to go bullish resulting in increased interest among people in the mainstream world. After the dust settles, the market will turn bearish forcing people to look elsewhere. This is something normal in crypto land, similar to a roller coaster ride. The hype should be more of an opportunity for us to make as much money as possible. Once the excitement temporarily fades, we can buy back more cryptocurrencies at a discount. What matters is crypto's usefulness above all else. As long as it works as intended, nothing else matters. Just my thoughts Grin
sr. member
Activity: 1792
Merit: 255
September 08, 2021, 05:13:15 AM
I don't think that hype is now no longer in cryptocurrency and for sure the hype won't get over in crypto because we are still new and there are still a lot of people who don't know cryptocurrency, imagine if all people will explore cryptocurrency then that would be a huge pump. We also have seen a big pump happened on bitcoin last few weeks and that's why we cannot say that this hype is already over.

This huge dump will not last longer, 44k would be the buying point maybe at its worst scenario.

Many people hope to buy bitcoin for under $40k, but I'm sure tomorrow the market will skyrocket again and will return to $50k, I think now is the best time to buy bitcoin and altcoins because today the average is down 10%, and with patience then we can get big profit.
jr. member
Activity: 1078
Merit: 2
I WANTED EVERYONE TO BE HAPPY IN LIFE
September 08, 2021, 04:05:01 AM
Hype is still continue and it will increase with time more and more people joining the crypto crypto is really a volatile field these field had seen a excellent growth from the 2017 most of the project also help the technology to develop quickly  and I am sure in the upcoming time it will increase many countries are trying to banning the crypto but it help less impact on the holders
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
September 06, 2021, 12:00:12 PM
In my opinion, the excitement around cryptocurrency has not even reached its middle. Interest in it increases every year, but it cannot take off in a minute like a space rocket. This is a long process of getting used to a new reality for a large number of people. Take a moment, buy the best coins at a low price and time will tell who was right.
You said it on the spot mate. It hasn't reached the top of it and there will be more but it has to go a little slow at this phase. But having bitcoin reaches back to $51k is good and quite quick.
The fact that many people are becoming interested in crypto makes the hype isn't over yet, there will be more from the market itself and we'll see how long it does have to take for the next phase of this bull run.
newbie
Activity: 72
Merit: 0
September 06, 2021, 10:49:57 AM
We believe we are in a process of change, that will not necessarily imply this will stop, because this could be an ability to try the law of the savage system in the view it will endure. It is not without cause; we know that lots of money was spent on cryptocurrency this quarter, causing the price of bitcoin to plummet, affecting altcoins in some way. Some people will give up and believe that bitcoin is a bad investment since they have made a loss.
However, this is the tipping point for stronger people to survive, while those who quit up are essentially amateurs
member
Activity: 291
Merit: 13
September 06, 2021, 10:18:05 AM
Do you think the crypto hype is over? If not, why? Your input will be greatly appreciated. Thank you. Smiley
Nah, I'm thinking the hype must be laying low especially since the gas fee for Ethereum is skying high. Maybe when the gas price gets lower it will add up the hype again
pulling more investors into crypto. Aside from your aforementioned earlier maybe it's because of the pandemic that affects many things like morale But I believe it is only temporary. So don't worry
full member
Activity: 1638
Merit: 122
September 06, 2021, 08:07:46 AM
yes the hype died but for the doge and shitcoins only exclude the legit coins like Bitcoins  .
There is a reason why Elon stop tweeting about btc and that is because btc is not yet greener but for doge ? I guess he is done with manipulating it  .
 The mining ban in China and the regulation in binance has nothing to do with Elon or with they hype dying but thats infact a sign that more people are now into cryptos .
sr. member
Activity: 1036
Merit: 250
September 06, 2021, 07:49:40 AM
In my opinion, the excitement around cryptocurrency has not even reached its middle. Interest in it increases every year, but it cannot take off in a minute like a space rocket. This is a long process of getting used to a new reality for a large number of people. Take a moment, buy the best coins at a low price and time will tell who was right.
member
Activity: 517
Merit: 10
September 06, 2021, 07:10:14 AM
The crypto market does get influenced by some news about it whether it's bad news or good news, it will affect the ups and downs of the crypto market but the effect will only be felt for a while, but if viewed broadly, the crypto market runs according to market demand that comes from buying activity. and selling from investors, no one can really determine how the future of the market will be, because investors are not just one person but from various parts of the world.
member
Activity: 308
Merit: 10
www.cd3d.app
September 02, 2021, 03:29:14 AM
It used to look like it was going to end but now it has recovered and is starting to get better again, for crypto users it doesn't look like it's over but they feel like they've just started and continue to increase until the end of the year because the ups and downs of token prices are very tempting to buy. in investment.
legendary
Activity: 1722
Merit: 1014
September 01, 2021, 06:47:32 PM
Crypto hype is over... Are you kidding me? Smiley

Look at the market, watch how NFTs dominate it and check how many projects are starting their journey now. We will have a beautiful Fall-Winter season, forget about this clown Musk  Grin
hero member
Activity: 2688
Merit: 588
September 01, 2021, 01:04:06 PM
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.

Fortunately, the market will recover after Bitcoin's block reward halving in 2024. It's been shown from time to time that Bitcoin goes to a new ATH after each halving, reviving the hype once more. You should take advantage of the hype in order to make as much money as possible. Ultimately, it's all about providing real use cases for the mainstream world. As long as a crypto project delivers as expected, nothing else matters. Just my opinion Smiley
I agree with basically everything you have said except the bloodbath part. There was a bloodpath in bitcoin during 2014-2015 period because mt.gox turned out to be a scam and everyone lost so much money even in that days amount, when you consider it today's amount that is billions gone overnight when they officially said it (and a bit beforehand as well).

Secondly at 2017-2018 period we had all the wars between miners and Craig Wright and coming down from a big bull run it took us lower and lower because they were selling to get cash to pay for their war. Nowadays we do not have that kind of stuff, we haven't fallen too much and we recovered most of it already, I do not think that we will ever see a big bloodbath ever again. This doesn't mean that we will not see any drop at all, of course we will see a drop, but those bloodbaths were like 80%+ down and I doubt we will ever see that again. Other parts of your message are fully agreed though.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
September 01, 2021, 12:30:25 PM
Bitcoin doesn't need hype to be successful. It has gotten so big that big news stories do not affect it that much. Even after all the recent FUD and attacks in the media bitcoin still pumped to over $50k recently. The price has come down recently after the news of Coinbase accounts being hacked but it didn't fall so much that it can't easily recover.

Exactly. 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.

Fortunately, the market will recover after Bitcoin's block reward halving in 2024. It's been shown from time to time that Bitcoin goes to a new ATH after each halving, reviving the hype once more. You should take advantage of the hype in order to make as much money as possible. Ultimately, it's all about providing real use cases for the mainstream world. As long as a crypto project delivers as expected, nothing else matters. Just my opinion Smiley
full member
Activity: 1260
Merit: 100
SOL.BIOKRIPT.COM
August 31, 2021, 08:18:37 PM
if I don't end, because the benchmark of the richest people is still in the crypto circle, and many people can be like EM.. we ourselves have to be more careful if we want to be at a safe point and keep crypto going , by buying orinvest with crypto that has the most transaction value..
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
August 31, 2021, 05:28:50 PM
True crypto hype hasn't even started. As for now it's a calm time. No big news, no ATH's.
It's calm as it is but we've just got the ATH and we're now waiting for another one.
I think it's good, we can rest for a while ater so intense spring and summer.
While you and everyone is resting, you accumulate before a sudden appearance of bull market comes.
full member
Activity: 1829
Merit: 134
Moderator
August 31, 2021, 02:23:05 PM
Innovation is far from over and adoption is further. So there are still huge and plenty of room for the crypto space. All we have to do is wait for regulations and ironing out the rogue operators of cryptocurrency, then my speculation is beyond DeFis and NFTs , we are starting to realize how powerful blockchain technology can be.
Regulation i suppose didn't really much affecting the market since the Blockchain was Decentralized and it can't be controlled by anyone so as you said tons of innovations will emerged in the future and i really hope it's offering some new good things, DeFi & NFT was really good things lately but we need more unique stuff in the market. It's not over and still far from Mass-Adoption as you said from my personal persepective it just the market was stagnant and need some push.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
August 31, 2021, 01:05:24 PM
I don't think so it's over yet even it's not like people will lose interest if Elon stops tweeting. Prior to Elon presence market was good. I can say his tweets affect the market to some extent but the market runs on demand.

With or without Musk tweets the market will continue to move, we all seen that happening and the market still decent and still  moving strong.

Quote
Even China's mining ban and Binance regulatory issue affect the market a little bit but such news or things impact the market for a short while only.

Those news creates impacts and shaken temporary but then again this industry survives and still surviving.

Quote
Even in this highly volatile market, I believe one can not decide the market fate on the basis of 2 months of a bad phase.

No, there's no way that it can be conclude in a short span of time. We will see more cycle and let the market react accordingly.
full member
Activity: 2184
Merit: 100
SOL.BIOKRIPT.COM
August 31, 2021, 09:15:27 AM
I don't think so it's over yet even it's not like people will lose interest if Elon stops tweeting. Prior to Elon presence market was good. I can say his tweets affect the market to some extent but the market runs on demand. Even China's mining ban and Binance regulatory issue affect the market a little bit but such news or things impact the market for a short while only. Even in this highly volatile market, I believe one can not decide the market fate on the basis of 2 months of a bad phase.
newbie
Activity: 93
Merit: 0
August 31, 2021, 03:15:28 AM
True crypto hype hasn't even started. As for now it's a calm time. No big news, no ATH's. I think it's good, we can rest for a while ater so intense spring and summer.
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