Is the crypto hype over? - page 7. | Bitcointalksearch.org

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: mbakruroh on August 24, 2021, 05:35:03 PM

I think crypto is still too young and is unlikely to end too soon.

Something that is censorship-resistant cannot "end" unless people stop using it completely.

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Even though the first crypto was launched in 2009 namely Bitcoin, and the current price is very high, some other cryptos are still just getting started.

Take some free advice and accept that the "other" crypto that are out there namely altcoins are useless as an investment for the long term. If you are willing to throw away free cash to moneygrabbers and fund their yacht parties then by all means do so, but giving money to a beggar sounds better.

In all cases even if bitcoin price is high you can buy smaller fractions of it. You dont have to buy 1BTC all the time. That is insane at this price.

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The current price fluctuations are only to shake the faith of new investors. Who can not survive the conditions when the dump occurs, it will experience a loss.

You will not experience loss unless you sell, you would still be owning that very amount of coins that you have bought, what decreased is the price in fiat for selling that many coins. Important thing here again is that if those coins are bitcoin, you can very well hold and you will see rise in future. But that cannot be said with emphasis when it comes to altcoins.

H1N1

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Quote from: MoneyJ on August 24, 2021, 10:30:16 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.

At least we know that there were some innovations in cryptocurrency like DeFi, and im sure there will be another innovations in the future as well.
If the innovation is good enough, it will create massive adoption which can lead to the profit because the demand will increase.
The success in crypto comes from the innovations and adoptions of the coins.

Jilapikhamu

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Nope, It's just beginning If I'm tell an example Back 2017 my Country people Don't know about crypto, but now everyone know about crypto and they invest here and I hope future generations use crypto as a cashless transaction

Ulvajaya

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I don't think the crypto hype will end easily because there are still many investors and that as you described above is just an issue, and don't be trusted with issues like that so that you lose the opportunity to be successful and wealthy.

trauchot

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On the contrary, people are increasingly interested in cryptocurrencies, judging by the statistics of certain sites, and in general I also know many people who began to be interested in cryptocurrencies only this year and I am sure that the future belongs to cryptocurrencies, and therefore this is only the beginning, therefore, cryptocurrencies will gradually take over the whole world, it just will take a lot of time due to the fact that countries such like United States do not want to recognize cryptocurrencies and therefore cryptocurrencies cannot yet show their real potential, but in the future, of course, everything will change.

cryptoknows

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Quote from: Abiky on August 06, 2021, 10:02:54 AM

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.

why are you only considering Btc and Eth? These are outdated technological solutions. Btc has not been decentralized for a long time and it is absolutely insolvent cryptocurrency, just a crowded old cart. Eth still has huge technological potential, but its congested network urgently needs help in the form of cross-chains like Solana, Matic, Near Protocol. Thanks to their perfect blockchains, they will eventually take Eth completely out of the market by offering better services to their users. They also help unload the Eth network by transferring erc-20 into the ecosystems of these projects. You can see that the schedules of these projects live their own life, separate from Btc and Eth, which is undoubtedly a huge plus, which means that the platforms are used and people find interest in them.

DapanasFruit

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Quote from: ryzaadit on August 06, 2021, 12:35:44 PM

Quote from: Abiky on August 06, 2021, 10:02:54 AM

Bitcoin is still struggling to reach a new ATH, while ETH doesn't get past $3k per coin.

There has some cycle "ATH" every 4 years most of the time after or before "HALVING" BTC is conduct.

Quote from: Abiky on August 06, 2021, 10:02:54 AM

Do you think the crypto hype is over? If not, why? Your input will be greatly appreciated. Thank you.

You are more longer than me on the forum.

So, you should know based on the movement price "BTC" did the adoption and interest about crypto really have high interest or not? I think you can answer that by your self cause you have more than 6-7 years in the forum.

And about "Elon Musk", even without him the "BTC" will still be the pioneer of the transaction revolution. I more prefer "Elon" not doing anything or tweeting about crypto, because of him its make moving because of him and that's is not health market at all.

Definitely, there will always be ups and downs in the cryptocurrency industry and I think this is quite true in any kind of industry but to posit the idea that Bitcoin and crypto in general can be out of fashion or be going down for good that is something that will never be true. In fact, after more than 10 years since the introduction of Bitcoin and the coming of the whole crypto players in the marketplace, I can sense that we are just getting started here. There will always be obstacles, challenges and problems and these are all normal...in fact here in this industry people can come and go but there is no denying cryptocurrency is the future of money, banking and finance and the power has returned to the hands of the people.

kumala_abi

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I think the hype will never end after a hype ends there will be another hype that starts, we are still long in the hype that will happen in the future today bullish is happening in the market and the hype is still in front of our eyes for now let's just wait for the hype it will happen

crypto hype and projects was totally different i think, we could not generalize it is the same condition. maybe in project we ever see when hype over price could slowly o even sharply down. But in crypto market we never its hype over, when price drop investors will take position to buy the cheap coins.

Quote from: FinneysTrueVision on August 24, 2021, 10:59:53 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.

bitcoin was different with new project that need hype to known by investors or make its price. Bitcoin already exist for many years and no need anymore hype because investors what should they do if price drop.

rhomelmabini

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Quote from: FinneysTrueVision on August 24, 2021, 10:59:53 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.

Hype are for the Altcoins only and that's a fact. The fact as well was because people don't want the easy compounding and they tend to take the risks on altcoins. I don't think it's the fault of the hack or other FUD, I guess few or the experienced one are expecting a down from here on out but looking at the macro level the crypto space is too bullish.

FinneysTrueVision

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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.

sirminesalot

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Quote from: MoneyJ on August 24, 2021, 10:30:16 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.

Yes i agree that crypto system is at young age right now, it's not even 20 years yet and people still developing their own innovation and wrapped it up with cryptocurrency which is really fit for a future system that we need for human being to do a transaction worldwide.
So i think it's just the beginning of crypto growth, we will see more upcoming new innovation just like defi and nft nad they are competing which one will survive to become a world wide system

MoneyJ

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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.

mbakruroh

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Quote from: Abiky on August 06, 2021, 10:02:54 AM

Do you think the crypto hype is over? If not, why? Your input will be greatly appreciated. Thank you.

I think crypto is still too young and is unlikely to end too soon. Even though the first crypto was launched in 2009 namely Bitcoin, and the current price is very high, some other cryptos are still just getting started. The current price fluctuations are only to shake the faith of new investors. Who can not survive the conditions when the dump occurs, it will experience a loss.

dimonstration

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Dimon69

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Many parametres are important when try to answer to this question. It is like up-down trend so it backs in circles. Not see it will be no interesting in next years too.

Crypto is the future and it gets adopted too fast nowadays. It tends to be more popular than ever. The priceia way too differentfeom where it is before as well on how the price achieved its amount during pandemic. If there qill be no invention that can replace crypto then it will continue to be adopted by many as time goes.

Ozero

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Quote from: Abiky on August 06, 2021, 10:02:54 AM

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.

If you look at that this topic was created in early August, it is not at all surprising that during this period we do not observe a high price growth of the cryptocurrency. During the summer holidays, business activity drops in all markets and this is natural. However, even in spite of this factor, by the end of the summer, bitcoin climbed to $ 50,000, and the price of ethereum is in the range of $ 3200-3300.
Considering this and other circumstances, I think that in the fall we will still have some pleasant price news from the cryptocurrency. It is the fourth quarter that, as a rule, is very productive in this regard. The market will grow, and the hype around promising cryptocurrencies will also rise.

Abiky

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Quote from: kkaroul4 on August 09, 2021, 12:01:56 PM

Probably just taking a rest, even though Elon Musk stop tweeting about Doge sometimes he still tweets it or probably add in his profile picture in Twitter. Right now the market are focusing on big coins such as Bitcoin and Ethereum that's why altcoin such as Dogecoin, DeFi and NFTs are left behind but for sure they will come back after the correction of the market.

One thing for sure is that crypto never gets old. Sometimes crypto gains all of the attention in the mainstream world, while sometimes it's left behind in the dust. It's like a roller coaster ride if you ask me. I've noticed that a year after each Bitcoin halving, there's a surge in demand for almost every cryptocurrency the market. That's where the hype comes in, benefitting early adopters in the process. You should buy when demand for crypto is low, and then sell it's all the other way around. Only then, you'll be able to secure as much profits as possible.

Back then, no one thought Dogecoin would reach almost $1 per coin. It was all a forgotten cryptocurrency used by a small number of people. After Elon Musk tweeted about Dogecoin and Bitcoin, the hype gained steam once more. With all crypto's been through, I wonder which coin will be "hyped" next? Cheesy

Bitcoin Seller

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I can’t name the previous bull run as the hype. It was an ordinary bullish market, and now it is a bear market. Crypto “winter” was predicted and I wait for it, as I strongly believe that we will see many new valuable projects and tokens, so I will invest in them. And then when the market gets warmer and people invest in Bitcoins and other coins, I will get money from newbies.

RbiggerG

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Quote from: 5thFear on August 09, 2021, 12:55:11 PM

As far as Elon musk is concerned, i think he tries to manipulate the market for his own good. He makes tweets accordingly and then buy or sell. So he has nothing to do with hype. His intentions are now kind of exposed to the crypto community and not much effect his tweets make compared to the initial impact.

Honest question dude, do you really believe that a guy with a net worth of 180 billion dollars in the pockets is going to manipulate a meme coin to then buy or sell on an exchange that got him registered with KYC, risking to be sued for market manipulation as a manager who is behind Tesla and SpaceX and many other companies? Cheesy

Come on, you can't believe that yourself.
Do you think Bill Gates cheats when he plays poker with his friends to win the thousand bucks in the middle in the end? Cheesy

5thFear

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As far as Elon musk is concerned, i think he tries to manipulate the market for his own good. He makes tweets accordingly and then buy or sell. So he has nothing to do with hype. His intentions are now kind of exposed to the crypto community and not much effect his tweets make compared to the initial impact.

777Jolami

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Quote from: Abiky on August 06, 2021, 10:02:54 AM

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.

Defi is a long-term development, but people have not yet accepted the trade-off between performance and sovereignty.
Some defi platforms are really useless and bullshit. Drag carpets and scam... That affects the fact that it's still a long time before users confidently come to Defi. Nft has sustainable development in the future but it is only temporary.
Currently, I am interested in the trend of scalable and decentralized stablecoins. Looks like it's the next hype trend. Let's catch

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