Topic: What if cryptocurrency - page 5. (Read 642 times)
I believe that many changed in cryptocurrency a long ago from now. That 2016 crypto is the time that cryptocurrency starts to bloom and there are also many inveators enlightened about it and earned in thenlong run. However after that, there comes many scammers and fraudsters in crypto, so that's why some several investors losses their trust in crypto business.
I kinda agree with your point. The bubble time around 2017 really wild and chaotic back then. Lot of naive people who didn't understand a thing about cryptos but still invest in it because media and everyone were talking about crypto like it was the next big thing. FOMO is strong at everywhere. Lot of scams and shit coins happened too and those dirty money flow back to legit cryptos that stood at today. Really are something that I doubt would come back again at this age.
Oh the good old days of crypto, even though there were so many scam ICOs back at 2017, investors made a lot of money from successful projects and then just holding some good coins can give good profit. Things have changed, crypto investors have become wiser, IEO has reduced scam token sales to an extent but we hardly see massive price spikes as wayback.
Because of investors clever mindset, scam projects has been lessen and being filtered safely. Holders is now taking more strong decisions to be patient, instead of having panic during price fluctuations while the value declined so bad. This is now regaining people's trust in respective community.
The whole crypto market have grown so much that i really dont see things coming back to what it was. People have gain knowledge and they cant be trapped like before And lets be realistic 10X and 20X are really kind of gone these days
The market is full of -WHAT IT- because it's very unpredictable.
We like to go back of course, or be in a situation where the market is fully bullish, but can we at least think realistically?
I mean, it happened, there was a bull run, some made money, some lose money.
Investment if you did the right thing that time, you could have made a fortune already because altcoins rises even 100 times and that could change our lives, but if we expect that the same thing will happen, I doubt it will happen anytime soon, it could maybe in the future but it will take time and a lot of trials that we have to surpass.
We like to go back of course, or be in a situation where the market is fully bullish, but can we at least think realistically?
I mean, it happened, there was a bull run, some made money, some lose money.
Investment if you did the right thing that time, you could have made a fortune already because altcoins rises even 100 times and that could change our lives, but if we expect that the same thing will happen, I doubt it will happen anytime soon, it could maybe in the future but it will take time and a lot of trials that we have to surpass.
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?
I think that in 2016. people were lured to make money on them later. Of course smart and experienced people earned money but many lost money. I think if such times come back as easy as it was to earn nepoluchitsya. Although everything is possible, people who have been in cryptocurrency for a long time have experience, Time will tell.
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?
They can comeback if those projects are serious now with the marker but if they will come to scam people again, then its better for them not to comeback at all. We have to move on from the past and look for a better future, there’s still a lot of new projects coming in so nothing to worry about. You must remember that way back on that time, there’s a lot of scam projects which make people scared to invest.
In 2016, the crypto world (especially bitcoin) is not popular enough and those who are involved in the crypto world are still limited Not all people also accept the work in the crypto world. Ten, crypto became booming, very hype because of the BTC price that increased so significantly at that time. SO that make many people, newcomers into the crypto world. They come tot his crypto world because they were interested in the high profits to be reached and gained overnight. Many people could be rich overnight because of Bitcoin and also other cryptos. The bounty hunters can get very legit payment of the ICO projects. Yeah. those are the ears of hype.
But. can it be back to that past time? Personally, I also hope the same. Hope that the price of the coins can reach ATH as what happened at that time until early 2018/ However, I think that it is quite difficult. Why? Now, many people have been aware of how the crypto world mechanism. We cannot be rich overnight. We can face high risk although it may give us high profits. Following the hype is not necessarily right now because many or people are aware of the hype and can avoid it
But. can it be back to that past time? Personally, I also hope the same. Hope that the price of the coins can reach ATH as what happened at that time until early 2018/ However, I think that it is quite difficult. Why? Now, many people have been aware of how the crypto world mechanism. We cannot be rich overnight. We can face high risk although it may give us high profits. Following the hype is not necessarily right now because many or people are aware of the hype and can avoid it
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?
Consider those as just part of the history, it's part of the early days of crypto where there's a lot of opportunity to make money for those who have knowledge. As crypto stays and experience the ups and downs, it will eventually matured and I think we would not see that anymore as it was ICO back then who are making the entire market to be very attractive, for now, crowdsale is not that attractive yet, at least in the general view of the market.
Maybe in the years to come we will see some big pump again, but it's hard to predict so holding should be our strategy to prepare for that.
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?
2016 - 2017 is the year of the HYPE crypto currency. but the Hype is not 100%, why? because crypto currency users and mass adoption are still small, different from now, everything looks big, if HYPE comes, I'm sure the price of BTC will be more than $ 20000i believe the hype will come again crypto world mate, just increase our patience
but, maybe the hype will not huge as before
I kinda agree with your point. The bubble time around 2017 really wild and chaotic back then. Lot of naive people who didn't understand a thing about cryptos but still invest in it because media and everyone were talking about crypto like it was the next big thing. FOMO is strong at everywhere. Lot of scams and shit coins happened too and those dirty money flow back to legit cryptos that stood at today. Really are something that I doubt would come back again at this age.
Oh the good old days of crypto, even though there were so many scam ICOs back at 2017, investors made a lot of money from successful projects and then just holding some good coins can give good profit. Things have changed, crypto investors have become wiser, IEO has reduced scam token sales to an extent but we hardly see massive price spikes as wayback.
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?
2016 - 2017 is the year of the HYPE crypto currency. but the Hype is not 100%, why? because crypto currency users and mass adoption are still small, different from now, everything looks big, if HYPE comes, I'm sure the price of BTC will be more than $ 20000 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?
I think the repeat of late 2016/2017 will be everyone's expectations. Those were the periods of great happenings in the crypto space. Even projects with some stupid ideas so to say then, get listed and people invested in them. Definitely nothing is impossible, but a repeat of those time will be some how hard to come by.
No, those days were remarkable which gave limelight to Bitcoin and crypto in general but at the same time there were so many newbies entered the crypto market by assuming it as get rich quick ponzi and some of them were lucky who cashed out before the market fell and rest lost their investment and ended up with hardly 20% to 30% of what they had initially invested. This phase was worst for crypto as the market of cream crowd was disturbed because prior to that we used to discuss about further development and new technologies which will make our lives easier but now whole forum is filled with memeber who are into bothered about quick money, the last bullrun created influx of people with no knowledge.
I kinda agree with your point. The bubble time around 2017 really wild and chaotic back then. Lot of naive people who didn't understand a thing about cryptos but still invest in it because media and everyone were talking about crypto like it was the next big thing. FOMO is strong at everywhere. Lot of scams and shit coins happened too and those dirty money flow back to legit cryptos that stood at today. Really are something that I doubt would come back again at this age.
Well, the difference between 2016 and 2017 alone is huge. In 2016 bitcoin was something under $1k, it was around 600-700 dollar range, even lower at times, in 2017 there was low times as well, until summer I remember it was around 900 dollars in April or so, yet in December it was $20k, that is over 20x increase in just one year.
So, as you can see in order to go back to those times, we have to first realize what those times were. Sure, there were moments when it was $20k and awesome and everyone loved, but you have to realize that it was also not always like that and there was very few of us, much lower number than right now and the price was tiny compared to what it is today, around 10% of what it is today. So yes, I would like to go back to 20k times, but not to other parts of those years.
So, as you can see in order to go back to those times, we have to first realize what those times were. Sure, there were moments when it was $20k and awesome and everyone loved, but you have to realize that it was also not always like that and there was very few of us, much lower number than right now and the price was tiny compared to what it is today, around 10% of what it is today. So yes, I would like to go back to 20k times, but not to other parts of those years.
I think we don't need it anymore, I've witnessed how it went, how it crashed rather in 2018, it all turns out to be quick scheme business for most of the team handling the projects. I also hope that the time would come back, but the people now are more wary of things happening in the crypto side, there will be less investors who will invest on project that is not hype or not belong to a worthy team, no more experiments in short. Trading now is more open in variety of forms compare to investment, so there is more chance in trading than investing in my opinion.
If that time will come back like those 2016-2017 history events and it will happen today, I'm sure many will become a millionaire because many people already know what to do, but that was only fictional because even in my wildest dream I never expected that particular event in the history of the crypto industry to happen again, the cryptocurrency market continues to grow in number and size but only in the minimal pace.
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?
I agree that people don't have really knowledge at that time and that year is just pure hype and nothing more.Yes we are in 2020 right now and many knows about cryptocurrency already and that includes the scammers. I don't think it will come back TBH because you already said that people at that time aren't that knowledgeable with regards to crypto and they are just investing in any new projects. Many projects at that time didn't scam people yes but some are totally worthless this time.
I don't see any reason or ways for that hype will come back again this year
. 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 indeed those days come back surely there will be lots of people who buy up as much bitcoin and altcoin, but unfortunately that will never happen again
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?
Can we talk what will never happen again? Dude' that time has already passed and we are still on the way to the future. i thought that you can even answer your own question too. That day has already gone and it's the history of crypto.
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