Topic: What will be the next crypto craze? - page 12. (Read 2940 times)

Not true, in the past, the ICO craze used to bring hundreds, even thousands of times more profit like today's projects. Current forms of investment, such as IEO, IDO, and IFO... are all variations of ICOs, and if evaluated in reality, those are just ICOs called by different names. I don't see too much difference between them.



I will agree with you on this prediction, many say that the NFT hype is over but I see they still have huge potential, the chance of a comeback remains. Next is the metaverse and web3 will be the next trend, this is also my prediction.

Metaverse, Web 3, Halving so these are the big events that many are still hoping to bring more good trends in the market and for sure it will happen eventually. After this bear market, we can expect a more expensive Bitcoin and good altcoins because that is the only way to survive, which is to rise again. If you are thinking for preparing on that moment, right now is the perfect timing for that because the market is cheap and you can have a lot of good coins if you will buy now.

It is hard to predict. But I know that the next craze will start in the year bitcoin enters into another halving. So it is still actually bitcoin and then altcoins will follow. I believe the metaverse will become the next big thing in altcoins. Even Facebook and other private institutions are starting to build their own metaverse too. By 2024 and 2025 some metaverse will be ready by then and will officially launch. Play to earn and other ways of earning in the metaverse will be very interesting and it will become big.

You are right, ICO craze is unlikely to return because the experience to participate in ICO has not been profitable for many investors in the past.

Next craze/boom of crypto is most likely to be NFT & Metaverse sector which is growing with every coming day as it has developed huge use case of NFTs, it is not just a piece of digital art but much beyond it. Virtually property in Metaverese will be used as real world property because it will have lot of value for advertisers to attract virtual crowd.

It's still a mystery but we'll see new projects roll out and replace old projects that can't progress. The metaverse may continue the new trend in the crypto market but NFTs could also be the next trend. We'll see for ourselves what happens later; in the meantime, we better focus on the market. I also don't really think about the next trend and prefer to focus on finding ways to still benefit from the market. And that is more important than predicting the trend that will emerge after this.

I still don't quite understand this hype around NFT. It seems to me that this is a strange and abnormal hobby. The pictures are for sale, but at the same time I don't find any special value in them! But I understand the logic is to buy some NFT pictures and then try to sell them somewhere more expensive? Probably the logic is like this, if not, then you can correct me please.

I said the same thing a million times and I agree with you completely. I believe that NFT idea of ownership could be used for so many more things, it could end up being utilized perfectly one day and could grow so much.

It is obvious that we are not going to end up seeing how it will be a year later, or ten years later we have no idea how it will be, but we know that it is going to be better than what it is right now. I hope that people will realize the key to success on this NFT business thing is not to have just art, but some other things. Gaming joined, but it was just items being NFT basically, we need something much bigger than that for sure.

His current hobby is hunting for airdrop incentives by running the Tesnet network node to get rewards. Many have joined, this is a new trend. But for other trends may be coming soon.
currently the positive trends are still hindered by the market being bearish and some of the problems caused by untrusted exchanges like FTX and some coin crashes like LUNA.
The trend will certainly continue when the market is bullish again.

So, we basically got to the idea that Web3, regulation, NFTs, the metaverse, and the proof of reserves thing are still underdeveloped and did not got to the point where we could say it was a craze. I do agree that these technologies are still pretty underdeveloped and that we are still going to see a lot of new developments coming from there. What else could we consider?

Maybe the metaverse will become "the next crypto craze" or not. We have no idea because technology is constantly evolving and so is the crypto market. But what is of concern here is that whenever there is a "crypto craze" the crypto world develops significantly but this becomes unhealthy, it is evident that in the ICO or Defi trend, this trend makes the crypto world quite developed, but at the same time there are many scams and shitcoin launched into the crypto market, and this makes the market saturated and unhealthy for investor and crypto-enthusiast.

I think the next crypto craze will be regulation. Once we are able to buy or pay anything with bitcoin then new times will come. And for it, we need global regulation on cryptos and not only local ones.

Right now regulations suck, and each country is trying to make its own rules, but that doesn't work because bitcoin is a global tool that let us buy or pay for services in other countries, that's why we need global regulation. And when they come it will be a new crypto craze.

Are you mistaken, I don't see any increase in bounty campaigns. and ICO will definitely never come back, it can be said that fundraising ICO is an old and extremely risky form.
Today, on the market, there are hundreds of investment funds, projects that only need a good idea and team will be supported and helped by the investment fund without spending much time and effort to mobilize capital from the community. Crowdfunding projects still exist but all are spam and scam, they have no way to raise funds from the funds so they choose bounty or airdrop for marketing.

smart contracts (bitcoin prospective) are not smart. or if they are they are not used properly to maximum effect

they are just glorified multisig where it diminishes someone sole custody to be cooperative custody

yes its one step forward and moves a bit away from full centralised custodian and atleast gives some % control back to the depositor. but its yet to actually be a "next craze" event

..
i would say after a wave of craze over "virtual land/property real estate"
the next wave after that would or could be proof of ID, followed by things like reputation/credit rating.. and education credential stuff

now that  exchanges are going under and people are feared for their assets "not your keys not your.... " thing , everybody moving their virtual assets to a cold wallet , which is a freaking usb drive and some papers .
sounds tempting...
 
since this is how it was done in the stone age , there's a need for a better way to store the precious coins .
there should be some kind of virtual space where coins can be deposited safely , without the need for stupid usb devices and writing some phrases on a piece of paper .
i guess it will be called a BANK lol .
the next big thing in crypto  

I have no idea.
After the fall of grace of the NFT's and the concept of Metaverse, I would only bet that the next craze would definitely use smart contracts somehow (as Defi and NFTs did) and it would be probably advertised as a new way to earn money, instead of the technological case uses that could be applied to the technology, It would be the same mistake that the NFT's ecosystems committed, in my opinion.

This is an unpredictable ecosystem after all. It is important to DYOR and use one's common sense.

I will have to correct you for this, bitcoin is not a crypto craze, you can as well assume other cryptocurrencies that follows after bitcoin as the terms you may call them, bitcoin is a currency and asset and those that are adopting it aren't crazy people but future thinkers and knowledgeable people.


You can choose or decided to call them all manners of names because amidst them lies a number of shitcoins and scam tokens that has done alot of havoc on investors.


More reasons I will not accept with you that bitcoin is craze because it has never change from PoW to PoS, rather it remains constant by it mode of operations.

 

After the ICO market plummeted and it turned out that even some of the most promising and well-funded projects can't deliver according to expectations, I barely followed the next big things. Some of them were just hype, others managed to cut out a niche for themselves (like NFTs). I don't know what the next craze will be (maybe CBDCs at some point), but I don't think it will revolutionize the industry. Best case scenario, it has its brief popularity and then remains something occasionally remembered and used by others. If ICOs couldn't make Bitcoin less significant, I don't think anything can, until we have a major breakthrough which doesn't seem to be around the corner.

I would say it is the opposite.  These phases did more harm to Bitcoin than good and Bitcoin was the push for Altcoins.

I think one of the reasons Cryptocurrencies are still alive is because Bitcoin does not drop by 95 to 98 percent every bearish market.  If that happened, nobody would continue mining.  But Bitcoin is as strong as it ever was while Altcoins keep showing the same vulnerability.  They come up, pump, dump and then vanish like they never existed.

Honestly.  All these crazes are actually just a false hope.  What do we have after all the phases you mentioned?  Bitcoin on the BNB chain?  Decentralized Exchanges like Pancake Swap which are not really as Decentralized as they seem?  Coins like Shiba Inu living ultimately on the hype because they have no real purpose other than bringing fuss in the market?  LUNA, showing us how 'smart' a Coin can be and how easy it is to self destroy as an Altcoin?  Or do we have Decentraland which pumped just because Metaverse became a trendy term in the past year and will probably die until 2024?

To newcomers who want as big profits as Shiba Inu got the early holders, Bitcoin is not attractive.  Bitcoin brings only a few hundred percent profits while, in their mind, Altcoins can bring thousands to tens of thousands.  To them, Bitcoin growing is exciting because the Shit coin they are holding will also get more expensive.  And when markets dump, most of them will sell and whine, fewer will continue purchasing their Shit coins to DCA their losses since their Coins are now worth nothing and fewest will turn to Bitcoin.

Bitcoin was not helped by any of the phases you mentioned.  It was the opposite.  Bitcoin keeps growing and growing while Altcoins get increasingly more Centralized, opposing Bitcoin's core values.  If you want my honest opinion, Altcoins are regressing while Bitcoin keeps progressing.

-
Regards,
PrivacyG

speaking of crypto crazes(not just bitcoin crazes)

NFT are currently under utilised, and seen as just 'art' copyright credits

when VR/gaming starts to replace standard webpages. where people can actually interact with webstores in a 3d environment then the NFT of 'land registry' and 'real estate' kicks in.

people wont just buy land plots on a VR server where there are premiums if retailer wants to be closer to VR mainstreet. but then inside their own 3d webstore they also have tokens to buy floor space/advertising inside their store. so that product brands can pay to be upfront in your face as avaters walk into the webstore or cheaply sat at the back corner of the webstore
...
blockchains are currently underutilised
they are seen as only store of value currency tools

there are a multitude of things blockchains can be used for over a global scale of nations, or international corporate offices or just whole normal people in different countries wanting a unified data set they can all trust

take a international education system where students across the planet can earn their diploma credits and have it all visible for employers to see.
Where the student can also use those credits internationally to enter further education at X level rather than having to start at the bottom.

even ID systems. whereby you can register an ID onto a blockchain. and due to having private key/signing privileges, you can choose who you give your 'proof of ID' to. and give them a key. where by if you find another business/entity uses that ID hash if they do not have the key to prove your authorisation. they breached your privacy. making suing them easier. and proving it in court easier to win

You are right, I completely forgot about the blockchain gaming craze. I guess blockchain gaming and gambling as well, have both contributed a lot for Cryptos and in general to Bitcoin, as it lured a lot of newcommers to cryptos and ultimately to Bitcoin.