What if cryptocurrency | Bitcointalksearch.org

TopT3ns

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Quote from: dataispower on August 02, 2020, 10:57:22 AM

Quote from: ?? on ??

To me, 2016-2017 is more a nightmare for a newbie like me. Everything moves too fast with little information, every new trader and investor are young and so greenhorn makes scamming become a normal thing. I like crypto market today more.

I like this, different opinions on this 2016/2017 come back issue since people had different experiences. To some people, they got burnt by scam ICOs and so-called lending coins then. To others, they invested in some coins and got 10 to 100x gains. 2017 especially was a blast for me, I made a lot of profit from NEO, ICX, NEBL, WABI just to mention a few. There is no point talking about a comeback/repetition of 2016/2017 since people had varying experiences, that's my point.

Burn tokens can in time have a very important influence, but when I get here I do not see the efficiency of burn tokens because there is no effect at all, the price of the tokens is still cheap and can not rise to be expensive, very lucky you can get a lot of results from altcoin.

dataispower

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Quote from: ?? on ??

To me, 2016-2017 is more a nightmare for a newbie like me. Everything moves too fast with little information, every new trader and investor are young and so greenhorn makes scamming become a normal thing. I like crypto market today more.

I like this, different opinions on this 2016/2017 come back issue since people had different experiences. To some people, they got burnt by scam ICOs and so-called lending coins then. To others, they invested in some coins and got 10 to 100x gains. 2017 especially was a blast for me, I made a lot of profit from NEO, ICX, NEBL, WABI just to mention a few. There is no point talking about a comeback/repetition of 2016/2017 since people had varying experiences, that's my point.

Taufik blackspade team

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Quote from: StreakW on August 02, 2020, 10:38:38 AM

Quote from: KaratX on July 12, 2020, 05:47:38 AM

Honestly I hope those days will make a comeback, 2017 was the best year so far but thanks to ICO, that's what made 2017 a possible year for bullrun and altcoin season, it will be hard to see such again but still possible, crypto is full of amusements, let's just hope for the best

Thanks to ICO?? that's what made 2017 a possible year for bullrun and altcoin season??

No bro, ICO is new ways to raise funds, it is not related to bullrun, the most reasonable explanation because the previous halving happened in 2016 and after that bitcoin keeps increases and it takes 1 year before the effect of halving is truly felt. That's why 2017 becomes bullrun year

he judged from the number of successful ICO projects I think. and assume that successful new projects that make bulls run on the market.

As you said, the halving effect cannot be felt quickly. we have seen it in the past. so we don't need to rush into an update published by the project.

StreakW

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Quote from: KaratX on July 12, 2020, 05:47:38 AM

Honestly I hope those days will make a comeback, 2017 was the best year so far but thanks to ICO, that's what made 2017 a possible year for bullrun and altcoin season, it will be hard to see such again but still possible, crypto is full of amusements, let's just hope for the best

Thanks to ICO?? that's what made 2017 a possible year for bullrun and altcoin season??

No bro, ICO is new ways to raise funds, it is not related to bullrun, the most reasonable explanation because the previous halving happened in 2016 and after that bitcoin keeps increases and it takes 1 year before the effect of halving is truly felt. That's why 2017 becomes bullrun year

criket

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Quote from: Saisher on August 02, 2020, 10:16:40 AM

Quote from: CryptoTalk365 on July 12, 2020, 12:32:19 AM

I have been thinking if cryptocurrency projects should come back as it was in the early 2016 to 2017 as many of us came into cryptocurrency industry the time it has been made visible to many people, because that early 2016 a lot of people don't really have the knowledge and how it works that time, what do you think that will happen if those days should come back in the crypto phase?

Why comeback do you mean they want you to scam us again, so many back then are now existing anymore and abandoned, the technology is evolving we don't need to go back in the past we should learn from it and embrace the future, it will not come back anymore because the Crypto structure is very much different today than it was before.

You are right, we don't need to go back. In the past, there is also something bad gold. so in the future. we will see gold and something bad. but we still haven't found the moment. we can only take advantage of what is happening in the market.

Saisher

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#SWGT PRE-SALE IS LIVE

Quote from: CryptoTalk365 on July 12, 2020, 12:32:19 AM

I have been thinking if cryptocurrency projects should come back as it was in the early 2016 to 2017 as many of us came into cryptocurrency industry the time it has been made visible to many people, because that early 2016 a lot of people don't really have the knowledge and how it works that time, what do you think that will happen if those days should come back in the crypto phase?

Why comeback do you mean they want you to scam us again, so many back then are now existing anymore and abandoned, the technology is evolving we don't need to go back in the past we should learn from it and embrace the future, it will not come back anymore because the Crypto structure is very much different today than it was before.

gwaposakon

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2016 is when I started my crypto journey. Really surprised how bitcoin pumped its price from $1000 to $20000 in a very short time. That's is why I am still here holding my crypto hoping that the bullish run in 2017 would happen again. I observed that what is happening in crypto is cyclical so Im pretty sure bitcoin will pump again and much higher.

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Quote from: Vishnu.Reang on July 12, 2020, 08:30:04 AM

The spike occurred in 2017 and not in 2016. And those days are never going to come back, for a variety of reasons. A lot of people lost their money after investing in scam projects. Even good projects went down by a lot after the ATH in 2017, resulting in several new investors losing their capital. The best example is that of Cardano, which went down by as much as 99%. The reputation of cryptocurrency received a major hit during 2018/19 and it will take a lot of effort to restore it.

there were indeed many investors who lost their money due to wrong investments at the time, so there were many big price reductions for coins that had good investment prospects, now it takes time to go back to that time.

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Quote from: bits4books on July 18, 2020, 03:04:02 AM

Let the industry go in the direction where crypto will be recognized by government. You will be able to pay with eth for utilities, taxes with btc, and so on.
And how industry is going to do it - that's of course another question.

I believe that we do not need an official recognize of cryptocurrency by the governments. it’s enough for us that cryptocurrencies are not banned by the government.

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Crypto is not a religion but i like it

Let the industry go in the direction where crypto will be recognized by government. You will be able to pay with eth for utilities, taxes with btc, and so on.
And how industry is going to do it - that's of course another question.

marilynmanson21

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It is just because of the hype. After ICO was not hype anymore, the hype are moving into IEO, so many people that suddenly jump onto IEO and instantly participated on it even without want to knowing about the project itself. And right now, the hype are currently on Defi project, people also getting into it since there's a lot of Defi project that rised up on it price.

witbla

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Hello there everyone. What I personally would say - the real value solution is coming with makes sense. And I wouldn't say that I am aware of many solutions that bring real value. My own favorite is Centric CNR and CNS tokens. The first token, Centric Rise, is the network's transactional currency - it steadily increases in price hourly in accordance with immutable price blocks set publicly one year in advance. The second token, Centric Cash, is pegged to the first and will freely trade on major cryptocurrency exchanges. Centric is listing on Bittrex on 28th of July, so have a look there and check their website joincentric.com

Toxic_1988

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Quote from: Synaesthesia on July 16, 2020, 12:29:04 AM

2017 was the year I made the most money in this market because any ICO project I participated in was very profitable and I saved a lot of money during that time. However, now that everything is different, making money is becoming harder and riskier, so in any investment, you need to consider carefully because there are many scam projects that can cause you to lose money.

Weird since I know a lot of traders back in that time and ICO is more of loss for them tho. Sure people always said about do research first before invest but ICO around that time is mostly scam so you're really lucky. I'm glad those days are long and market is a bit better than before.

lumeire

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Quote from: 10BTCaDay on July 17, 2020, 07:58:39 AM

Quote from: fauzan123 on July 17, 2020, 07:36:13 AM

I think of course all crypto players hope that everything will happen again where many rich people suddenly it year, I personally also get big money easily by following bounty and trading, hopefully for this year or the following year crypto will are back at the top

I think that this will happen immediately after the global financial crisis. when the coronavirus will leave us and people stop to be afraid to invest money - then cryptocurrency will return again

The financial crisis hasn't even started yet, it will be a lot of time after which The financial crisis will start and that will be the worst time that we will ever see in this decade after the 2008 financial crisis. We can easily see the price of cryptocurrencies skyrocket after the end of the crisis, but that rise will be a gradual rise which will not be as exponential as we have seen in the past but if we compare it on the macro data we will definitely see that tremendous growth over time after which I think price will reach at least $100k per bitcoin.

Eddyc

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Quote from: CryptoTalk365 on July 12, 2020, 12:32:19 AM

I have been thinking if cryptocurrency projects should come back as it was in the early 2016 to 2017 as many of us came into cryptocurrency industry the time it has been made visible to many people, because that early 2016 a lot of people don't really have the knowledge and how it works that time, what do you think that will happen if those days should come back in the crypto phase?

Maybe for the purposes of leverage, going back to 2016 and 2017 could attract a large mass of investors and consequently increase the marketcap. However, the period we are going through is essential for all areas and lines of development of cryptocurrency. The creative sector is finding new ways to develop its projects and so is the investment sector that is understanding that it is necessary to have a product and not just speculate.

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Quote from: fauzan123 on July 17, 2020, 07:36:13 AM

I think of course all crypto players hope that everything will happen again where many rich people suddenly it year, I personally also get big money easily by following bounty and trading, hopefully for this year or the following year crypto will are back at the top

I think that this will happen immediately after the global financial crisis. when the coronavirus will leave us and people stop to be afraid to invest money - then cryptocurrency will return again

Gotumoot

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Quote from: Nalbo on July 12, 2020, 12:53:04 AM

Those were the days of hype. Though no one can guarantee that won't come back but it would not be as effective as the last one. People blindly jumped into any ICO or coin and it rose crazy bringing them instant profit. It was more like a ponzi bubble and when it burst, the prices came to the reality. For some coins, that were zero.
That sort of growth is not much beneficial to the development and adoption of crypto. That burst has plunged the prices to depression for more than 3 years now.

Yes it was basically a ponzi bubble back then it was like a ponzi hiding in the name of ICO's.
And all of what you said was true they are just jumping on any ICO that they could invest in I wonder how many people lose in those glorious days that you were talking about.
Hunters are earning huge money from the bounties and so does the early investor the only problem back then is who would be the last one to sell.

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Quote from: CryptoTalk365 on July 12, 2020, 12:32:19 AM

I have been thinking if cryptocurrency projects should come back as it was in the early 2016 to 2017 as many of us came into cryptocurrency industry the time it has been made visible to many people, because that early 2016 a lot of people don't really have the knowledge and how it works that time, what do you think that will happen if those days should come back in the crypto phase?

If you want that, then we must improve the confidence of many investors who have lost their money from the scam. In 2014 fraud did exist but was not as brave as it is now, imagine that the scam project succeeded in taking in so much investor money, it greatly affected a project that had no investors. I think the cryptocurrency industry is very dependent on the users themselves, so the current conditions reflect the behavior of the users themselves. Cryptocurrency is built on trust and of course technology.

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I think of course all crypto players hope that everything will happen again where many rich people suddenly it year, I personally also get big money easily by following bounty and trading, hopefully for this year or the following year crypto will are back at the top

bastian466

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Quote from: lumeire on July 13, 2020, 01:43:40 PM

Quote from: bastian466 on July 13, 2020, 09:36:11 AM

But I miss the years when there were many profitable projects so many people were interested in flocking to find out more about the world of cryptocurrency, Including me who came to seek profits and trade even though only relying on luck without much knowledge

If the altcoin season do come back just like it was in 2016 or 2017 then you will do a better job in earning and also trading because now you are more established in the community as compared to the year 2016/17 because the time you invested will pay you well now in altcoin season.
The ICO that give you good returns have decreased now because a lot are coming daily and out of which only a few percentage of those projects are only legit and rest are either haphazard that won't make you money or either are scam which can easily be identified right from the start.

Yes it is getting worse the arrival of newcomers continues most of the project carelessly its contents are only fraud that makes a lack of income and makes people reluctant to invest, Honestly I have difficulty distinguishing real projects such as looking for a needle in a haystack

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