Privacy coins?No way.Privacy coins will get banned by the governments,sooner or later.
I think that De-Fi is still far away from it's peak of being the "next big thing" in the crypto world.
Maybe some off-chain solution like the Lightning Network or the upcoming Taproot fork.
"Outdated trends" like ICOs will never come back in the crypto world,due to the lack of trust.Many people were scammed by the Initial Coins Offerings,so nobody would trust any new and emerging ICOs.
Topic: Yearly >Trendy< Crypto Markets, Is Crypto becoming like Tech Fashion? - page 3. (Read 681 times)
July 27, 2020, 12:42:03 PM
July 26, 2020, 01:44:29 PM
With Bitcoin its popular and nearly everybody has heard of it hence its still ranked 1 after still a decade so Bitcoin will never go out of fashion even though the tech its outdated and slower than some alt coins
outdated compared to what? speed (in the sense of instantly settled transactions) was never bitcoin's strength. it's the most secure network in the world, bar none. even if you account for bitcoin's first mover advantage, that's what users are paying for.
Do you think we will see another crypto bullish market cycle where nearly all alt coins get pumped regardless of trend or will there be specific yearly trends from now on?
it's not either/or. we will continue to see both IMO.
you have the long term market cycles like 2013 and 2017 that mimic bitcoin---where altcoins outperform bitcoin at the peak. then within the altcoin market, there will always be some emerging hype like ICOs or DEFI.
July 26, 2020, 07:34:30 AM
Lastly what you guys think what Crypto Trend will be popular for 2021 next year? Privacy coins?
I think it's the CBDCs. It's all over the news and I think China is going to be the first one to be approved. Facebook's Libra which is near to a CBDC because it's a stable coin has been delayed so it's a very relevant time to shine for those who are competing with Libra and that's going to be the CBDC. There is also news that I've read about CBDC in Europe so IMHO, that's going to be the next trend for 2021. 
July 26, 2020, 07:20:40 AM
The reason why there's a changes because there's an improvement, people are looking for something better, so the old once will become obsolete as the new one gets popular. Of the list that you posted.
I only feel the ICO popularity in year 2017 because its popularity has reflected to the market, the rest, I am not seeing some significant changes yet, but hopefully this year we will see a bull run if this yeas is for the year of De-Fi.
- 2017 = ICO's
- 2018 = STO's
- 2019 = IEO's
- 2020 = De-Fi
- 2018 = STO's
- 2019 = IEO's
- 2020 = De-Fi
I only feel the ICO popularity in year 2017 because its popularity has reflected to the market, the rest, I am not seeing some significant changes yet, but hopefully this year we will see a bull run if this yeas is for the year of De-Fi.
July 26, 2020, 07:16:25 AM
Quote
Lastly what you guys think what Crypto Trend will be popular for 2021 next year? Privacy coins?
May be not privacy coins since everything about crypto runs on data integrity principles so we are already having private transactions and identity antagonist running over blockchain.
Well, you could say they there might be personalised coins that could jump in. A whole new world of possibility where individual developer create their own limited coins lets say few thousands or something with value based on their product market.
They will trade these coins for coins or product for coin basis and keep the liquidity around it.
This could happen considering there are no limits for the contracts that could be built up, network still has huge space. You might find this answer littel out of the box because it may not happen just now but soon.
July 26, 2020, 06:48:02 AM
I don't know--it depends on to what extent the suckers have wised up to the game being played. There are still a lot of people out there who believe they're going to find the next bitcoin when they invest in some overhyped ICO/IEO/whatever, so don't be surprised if we keep seeing these trendy investment schemes come on to the scene, as there will always be scammers.
Some random ICOs used to easily get millions of dollars, now they struggle to get even tens of thousands, and the term ICO is strongly associated with "scam", even among beginners.
Is it because the already existing centralised traditional finance wont allow De-Fi to take over? So its like for example the big fat cat oil billionaires who control the oil markets wont allow greener healthier alternative energies to take over yeah?
Because DeFi doesn't offer the same things as traditional finance. There's no personal loans, no mortgage, no car loans, no business loans, etc.
July 25, 2020, 05:06:50 PM
2019 was the year of IEO, I think.
I doubt that crypto trends can make a comeback, they all fail because they are just hype with no real fundamentals. ICOs were just empty promises, IEOs were ICO 2.0, DeFi is not a replacement for traditional finance like it claims to be.
However, people used to say many times that Bitcoin is dead, that it's time for alts to shine, and yet Bitcoin continues to rise. So, it's important to correctly distinguish what is an empty hype and what is a market cycle.
I doubt that crypto trends can make a comeback, they all fail because they are just hype with no real fundamentals. ICOs were just empty promises, IEOs were ICO 2.0, DeFi is not a replacement for traditional finance like it claims to be.
However, people used to say many times that Bitcoin is dead, that it's time for alts to shine, and yet Bitcoin continues to rise. So, it's important to correctly distinguish what is an empty hype and what is a market cycle.
Is it because the already existing centralised traditional finance wont allow De-Fi to take over? So its like for example the big fat cat oil billionaires who control the oil markets wont allow greener healthier alternative energies to take over yeah?
With Bitcoin its popular and nearly everybody has heard of it hence its still ranked 1 after still a decade so Bitcoin will never go out of fashion even though the tech its outdated and slower than some alt coins
Do you think we will see another crypto bullish market cycle where nearly all alt coins get pumped regardless of trend or will there be specific yearly trends from now on?
July 25, 2020, 05:00:49 PM
I doubt that crypto trends can make a comeback, they all fail because they are just hype with no real fundamentals. ICOs were just empty promises, IEOs were ICO 2.0, DeFi is not a replacement for traditional finance like it claims to be.
I don't know--it depends on to what extent the suckers have wised up to the game being played. There are still a lot of people out there who believe they're going to find the next bitcoin when they invest in some overhyped ICO/IEO/whatever, so don't be surprised if we keep seeing these trendy investment schemes come on to the scene, as there will always be scammers.I love DeFi because I see that my Bitcoin has advantages that only a simple Hold, just like my favorite utility token that I can hold and earn dividends, interest and request loans.
Man, I really need to look into what DeFi is all about, because I know absolutely nothing about what it is and I keep seeing it mentioned all over the forum. I'd never invest in an ICO or IEO, but if there's something to this DeFi thing I might be very interested.- 2019 = What was it? I cant remember lol. Was it stable coins like USDT?
Stablecoins got a lot of press in 2019, but I don't think they were ever a really hot thing. How could they be? They suck as an investment and their utility in the world of crypto is questionable at best.Lastly what you guys think what Crypto Trend will be popular for 2021 next year? Privacy coins?
Nah, not privacy coins. There are some really good ones, but they don't seem to have caught on in terms of popularity as an investment or use in the real world. And I've said it before, given how concerned a lot of crypto enthusiasts are with their privacy I'm very surprised how little interest there is in them. July 25, 2020, 04:15:19 PM
I love DeFi because I see that my Bitcoin has advantages that only a simple Hold, just like my favorite utility token that I can hold and earn dividends, interest and request loans.
There are also projects that offer the use of credit cards loaded with crypto.
It is an experience that I would not exchange for what traditional banking offers me.
There are also projects that offer the use of credit cards loaded with crypto.
It is an experience that I would not exchange for what traditional banking offers me.
July 25, 2020, 11:32:36 AM
2019 was the year of IEO, I think.
I agree, there are lot of IEO proposal last year, but I notice that only few survived. Give the 2019 for the IEOs.Not like technology fashion lol, I like it to be called innovation rather than a trend or fashion. And you're right old market might not come back as they were during 2017 or 2018 like ICOs, projects now have lesser chance to survive the competition in the market due to low reputation of new projects from old investors, although there might be a game changer for an ICO but I doubt old investors will still give it a shot. All of us should look forward to use defi in the future, a finance developed on top of blockchain network is what we dream and there it is.
July 25, 2020, 10:58:55 AM
2019 was the year of IEO, I think.
I doubt that crypto trends can make a comeback, they all fail because they are just hype with no real fundamentals. ICOs were just empty promises, IEOs were ICO 2.0, DeFi is not a replacement for traditional finance like it claims to be.
However, people used to say many times that Bitcoin is dead, that it's time for alts to shine, and yet Bitcoin continues to rise. So, it's important to correctly distinguish what is an empty hype and what is a market cycle.
I doubt that crypto trends can make a comeback, they all fail because they are just hype with no real fundamentals. ICOs were just empty promises, IEOs were ICO 2.0, DeFi is not a replacement for traditional finance like it claims to be.
However, people used to say many times that Bitcoin is dead, that it's time for alts to shine, and yet Bitcoin continues to rise. So, it's important to correctly distinguish what is an empty hype and what is a market cycle.
July 25, 2020, 08:31:10 AM
Greetings,
Theres this yearly new trend I keep noticing in the crypto markets, where these trendy coins have their own bull market till its not trendy no more:
- 2017 = ICO's
- 2018 = STO's
- 2019 = IEO's
- 2020 = De-Fi
In the Tech markets old tech never comes back as we all know. We all know the Sony Walkman hasn't come back and tech gets outdated quickly.
So the questions are can outdated trends in Crypto markets can come back in normal overall bull and bear market cycles?
Lastly what you guys think what Crypto Trend will be popular for 2021 next year? Privacy coins?
Theres this yearly new trend I keep noticing in the crypto markets, where these trendy coins have their own bull market till its not trendy no more:
- 2017 = ICO's
- 2018 = STO's
- 2019 = IEO's
- 2020 = De-Fi
In the Tech markets old tech never comes back as we all know. We all know the Sony Walkman hasn't come back and tech gets outdated quickly.
So the questions are can outdated trends in Crypto markets can come back in normal overall bull and bear market cycles?
Lastly what you guys think what Crypto Trend will be popular for 2021 next year? Privacy coins?
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