Topic: This is to be the beginning of the rise of cryptocurrency - page 3. (Read 879 times)
I think it is just the rejuvination of the crypto-market and that is somehow because of the entry of DeFi projects in the market like for example the hype and craze that UniSwap gave to us which is very useful and helpful in the marketplace. Let still hope that before the end of the year cryptos will all have their bull run and pump so we can totally say that it is really the beginning of the rise of cryptos.
Are you referring to the pandemic kicking off a surge in the crypto currency market or are you talking about DeFi or the other overhyped new thing? Because any of those, the answer would be yes.
Pandemic conditions once made the market experience an increase but not that big, only a little when seen through the percentage, but for DeFi this has had a slightly more impact because this year DeFi has become a positive trend and has been trusted by some people, even though to survive in the long term is doubtful.For Defi, it becomes a trend because it gives crypto the chance to invest in financial in a decentralized way rather than the financial provided by the banks.
Well maybe but let us not put too much hope on it.Nowadays crytocurrency is on the rise with so many new projects.The recent projects overtaking are mostly defi projects which are very much profitable.But the best thing to do is make research and investigation about any project before investing because their are so many scams project out there.
Will this be the beginning of a revival for cryptocurrencies because there are so many projects and project developments using blockchain technology
Yes, I am hopefull that from now on market will do well, overall if we see there is high activity now whether you see the number of good new projects or developers working on maintaining or upgrading the existing projects there seem to be real work going on amd market will definitely see its positive impact in coming months. 
Will this be the beginning of a revival for cryptocurrencies because there are so many projects and project developments using blockchain technology
maybe yes, but as you said above if a lot of project born and using blockchain technology, maybe people should be more selective my friend
because not all crypto will be a good investments buddy
Are you referring to the pandemic kicking off a surge in the crypto currency market or are you talking about DeFi or the other overhyped new thing? Because any of those, the answer would be yes.
Pandemic conditions once made the market experience an increase but not that big, only a little when seen through the percentage, but for DeFi this has had a slightly more impact because this year DeFi has become a positive trend and has been trusted by some people, even though to survive in the long term is doubtful.
The cryptocurrency sphere has long time ago became popular all over the world and cryptocurrency is becoming more and more popular and cryptocurrency technologies are in great demand, especially various blockchains and various big companies have long time ago begun to use blockchains and many areas also constantly use blockchain technologies, but now DeFi and NFT spheres are attracting attention and this is reflected to cryptocurrencies also.
Will this be the beginning of a revival for cryptocurrencies because there are so many projects and project developments using blockchain technology
Are you referring to the pandemic kicking off a surge in the crypto currency market or are you talking about DeFi or the other overhyped new thing? Because any of those, the answer would be yes.
As long as we do not get the adoption rate higher we are not going to suddenly get better than what we are right now, it is already known as a financial sector type of thing where people invest into it and I get that, but we are not a payment method just yet and as long as we do not have a reason to buy and hold bitcoin we are not going to see it take it to next level.
However if we could become a payment method in many places, that means you could own bitcoin and wherever you go when you want to spend your money you could spend it. This gives you an advantage over dollar because at that point you are investing AND also making a profit AND you are spending it without a need to cash it out. That would be the next logical step for bitcoin if we could do it.
However if we could become a payment method in many places, that means you could own bitcoin and wherever you go when you want to spend your money you could spend it. This gives you an advantage over dollar because at that point you are investing AND also making a profit AND you are spending it without a need to cash it out. That would be the next logical step for bitcoin if we could do it.
Will this be the beginning of a revival for cryptocurrencies because there are so many projects and project developments using blockchain technology
When you say cryptocurrency it’s only the top cryptocurrencies, especially Bitcoin and Ethereum that will keep on growing.As for these trends you’re seeing that are popping out newly, they will still fade out like the other trends we have seen in the past.
These trends are just like a means to make money for the short term, and after all the hype they will make way for another new trend to come in. As for Blockchain, the word Blockchain will keep getting popular and lots of companies will keep adopting it. Good thing about this is that the Blockchain has been creating more opportunities in so many companies.
I just wonder whether governments would ever let cryptocurrencies enter iur daily lives. They'd have to provide a certain tax system for cryptocurrency. And investors would have to show all the income to government, which is so unlikely to ever happen)))
It depends on the government's concern for cryptocurrency, because if the government does not care about this, the taxation system for cryptocurrency will also never exist and will never happen even though cryptocurrency has penetrated into everyday life.
I just wonder whether governments would ever let cryptocurrencies enter iur daily lives. They'd have to provide a certain tax system for cryptocurrency. And investors would have to show all the income to government, which is so unlikely to ever happen)))
why revival ? did crypto died already ? yes scam and crappy projects have died but fine cryptos are still standing still . poor rated projects that have died wont be revived again . you better say that the development of blockchain related projects can contribute to the existing growth of cryptos and to the blockchain technology . most of the cryptos have risen a long time ago but there are good number of cryptos that are not performing well but the blockchain adoption can help them .
I see that most bounty projects appear based on Defi's hype, whether this is a form of market trend or not, I don't understand. But in fact, every day the Defi bounty project always appears. and even from mid-August to the present.
Yes, and of the several Defi projects that have appeared since mid-August to date, only a few are genuine, some of which just follow trends in terms of taking advantage of opportunities to attract investors' attention to them, so we also have to be more careful in assessing projects. because most of them use the same system, namely DeFi. Will this be the beginning of a revival for cryptocurrencies because there are so many projects and project developments using blockchain technology
We can't conclude that it's the beginning but I think we should better say that it's a good part of the development. We're still not in the best pace so if you're saying the the market will strike the best peak again, I think that is quite impossible to happen for now. However, simple adoptions and developments still helps the growth not just of Bitcoin but the entire crypto world.
Will this be the beginning of a revival for cryptocurrencies because there are so many projects and project developments using blockchain technology
From the vast amount of information regarding the growth of platforms using blockchain technology, the current focus is on the DEFI concept. This incident is similar to ICO or IEO which is only temporary, although I hope it is not because of the hype trend. It's actually great if a lot of people implement blockchain technology but what we have to see is the growth of the platform, where we don't really want buble but something that really goes up. Will this be the beginning of a revival for cryptocurrencies because there are so many projects and project developments using blockchain technology
Revival? You mean another bullrun coming?These projects existing are not different to the past. There are scam and legit, it will come and go. Those projects that will remain are good and working and not only because of the hype.
Will this be the beginning of a revival for cryptocurrencies because there are so many projects and project developments using blockchain technology
What do you mean revival? I don't think there's a need for revival if the cryptocurrency is not dead. Yes there's a lot of developments using blockchain technology but have you counted how many of them become successful? Will this be the beginning of a revival for cryptocurrencies because there are so many projects and project developments using blockchain technology
This 2020 year is soon coming to its end. I hope, it will take everything bad with it, and crypto dumps as well. In reality, cryptocurrencies should have much better future than they are predicted. I can even guess that 2021 will become something like 2017 for the crypto market — the high rise of it.
I see that most bounty projects appear based on Defi's hype, whether this is a form of market trend or not, I don't understand. But in fact, every day the Defi bounty project always appears. and even from mid-August to the present.
It's simple. Projects want their own coin to be successful in terms of crowdfunding that's why they are relying on the Defi hype and they know that people will invest and want to earn their part on those new Defi projects. Because of the nonsense projects that made their success from this hype, Many project teams wouldn't want to miss this kind of opportunity for their project to become successful in terms of crowdfunding and later on in the market. Jump to: