What's going on with crypto market? - page 5.

NavI_027

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Quote from: Wysi on July 23, 2020, 01:07:08 PM

We have seen a lot of changes in the crypto market recently, not in terms of pricing but rather in terms of projects as we have seen much lesser new projects this year compared to last two years.

Yeah! I notoce the same thing. Not a good news to be honest but I think it's okay somehow because the market seems more peaceful. I can only think two common reasons why the number of projects are greatly reduced: 1) The market remains sleeping (not booming nor declining, just stabilizing) which means less active investors are circulating, totally not a good season to introduce a new ICO. 2) Due to previous many incidents of scam investments, ponzi schemes, failed ICOs etc., the new as well as the old investors never tried risking their money again. They take a rest on crypto or the worst is they stopped

We can expect a livelier market once bitcoin skyrocket once again. Just like last 2017 Grin

.

ololajulo

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Quote from: casperBGD on July 23, 2020, 02:20:20 PM

Quote from: Wysi on July 23, 2020, 02:16:27 PM

Quote from: jackg on July 23, 2020, 01:21:21 PM

I don't know how much people are wanting to invest tnow in projects that aren't related to defi or similar. There were a lot of defi projects that seem to have come through or are promising in their development people are focusing on.

It's probably sadly a similar number of legitimate projects as we normally have and just fewer scams or projects have been absorbed by other things. Also I don't know if we have gaps to fill yet in the crypto sector...

Yes, even I have witnessed numerous defi projects in last 6 months and I was really impressed with this project named GEOMA which has a promising whitepaper, but as you have mentioned we still have gaps to fill in the crypto sector wherein we need more diversified projects because right now we see dozens of defi project just like how we used to see payment related projects in the past.

but, as one can notice on coingecko or similar websites, number of listed or followed projects is on the rise, we are now above 7000 and still counting, with daily increase, so i would not say that there is no new projects, rather that they are doing different type of marketing, and bounties on bitcointalk are mostly reserved for scams, with position exclusions, but they are rare, or superrare

I wish all this market chart can remove some projects from there list. A lot of projects had died and are still showing some report. some project no longer have exchanges, if all this coins can be removed maybe the negligent teams can do more to get listed or rather go extinct. Binance is listing so many existing project on their market and it could send a quick message of a positive market sentiment.

ReiMomo

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Duelbits - $100k Bonus/week

I guess the main reason is those numerous scams happening during ICO/IEO and now we had project defi but it takes time for the investors to make a study about these projects. Because the mark of being scam was in their mind and they don't want to happen again.

Quote from: Wysi on July 23, 2020, 02:16:27 PM

Yes, even I have witnessed numerous defi projects in last 6 months and I was really impressed with this project named GEOMA which has a promising whitepaper,

It seems you are right and I am one of their bounty hunters, I hope they will succeed soon and get a better reward and also those investors.

stomachgrowls

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Quote from: Wysi on July 23, 2020, 01:07:08 PM

We have seen a lot of changes in the crypto market recently, not in terms of pricing but rather in terms of projects as we have seen much lesser new projects this year compared to last two years. Is it because scam projects cannot scam people and they quit or else there are no investor's to start new projects?

You have already answered your own question!. When it comes to number of new projects then its just understandable that there would be less and even to those who do launched even up to these days doesnt really even give out some unique idea and still continuing to use those common platforms or blockchain that we do know.

If you get shocked then better on getting used to it since this is the sad reality for those project where they dont get that much support nor funding due to investors confidence had already been shaken off because of the
incidents do happen in the past where scamming and fraud projects do fly out everywhere.

Im not saying that there would be no chance for legit and potential ones but raising up these days would really be much more a tougher challenge.

casperBGD

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Nil Satis Nisi Optimum

Quote from: Wysi on July 23, 2020, 02:16:27 PM

Quote from: jackg on July 23, 2020, 01:21:21 PM

I don't know how much people are wanting to invest tnow in projects that aren't related to defi or similar. There were a lot of defi projects that seem to have come through or are promising in their development people are focusing on.

It's probably sadly a similar number of legitimate projects as we normally have and just fewer scams or projects have been absorbed by other things. Also I don't know if we have gaps to fill yet in the crypto sector...

Yes, even I have witnessed numerous defi projects in last 6 months and I was really impressed with this project named GEOMA which has a promising whitepaper, but as you have mentioned we still have gaps to fill in the crypto sector wherein we need more diversified projects because right now we see dozens of defi project just like how we used to see payment related projects in the past.

but, as one can notice on coingecko or similar websites, number of listed or followed projects is on the rise, we are now above 7000 and still counting, with daily increase, so i would not say that there is no new projects, rather that they are doing different type of marketing, and bounties on bitcointalk are mostly reserved for scams, with position exclusions, but they are rare, or superrare

Wysi

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Quote from: jackg on July 23, 2020, 01:21:21 PM

I don't know how much people are wanting to invest tnow in projects that aren't related to defi or similar. There were a lot of defi projects that seem to have come through or are promising in their development people are focusing on.

It's probably sadly a similar number of legitimate projects as we normally have and just fewer scams or projects have been absorbed by other things. Also I don't know if we have gaps to fill yet in the crypto sector...

Yes, even I have witnessed numerous defi projects in last 6 months and I was really impressed with this project named GEOMA which has a promising whitepaper, but as you have mentioned we still have gaps to fill in the crypto sector wherein we need more diversified projects because right now we see dozens of defi project just like how we used to see payment related projects in the past.

jackg

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https://bit.ly/387FXHi lightning theory

I don't know how much people are wanting to invest tnow in projects that aren't related to defi or similar. There were a lot of defi projects that seem to have come through or are promising in their development people are focusing on.

It's probably sadly a similar number of legitimate projects as we normally have and just fewer scams or projects have been absorbed by other things. Also I don't know if we have gaps to fill yet in the crypto sector...

Wysi

sr. member

Activity: 1638

Merit: 261

We have seen a lot of changes in the crypto market recently, not in terms of pricing but rather in terms of projects as we have seen much lesser new projects this year compared to last two years. Is it because scam projects cannot scam people and they quit or else there are no investor's to start new projects?

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