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Topic: Yearly >Trendy< Crypto Markets, Is Crypto becoming like Tech Fashion? (Read 681 times)

sr. member
Activity: 1056
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After this crash/correction will it affect the confidence of previous trends to continue?
sr. member
Activity: 1056
Merit: 270
What happened to the NTF craze mania, looks like its losing its energy  Huh

We thought 2021 will be the year of the NFT.

Has Meme coins such as Doge and Shibu stole the limelight from NFT's?

So 2021 will be year of Meme coins not NFT's?
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
Looks like IEO's are making a comeback from 2019. Just look at Binance Coin BNB & Exchange coins  Shocked

I thought 2021 will be the year of NFT's Huh
I have to say IEO is not really making a "comeback" but changing shapes, there are now pre-sales going on in many places and teams are doing it themselves as well, sure they are working on binance chain or any other chain they want but they are doing it themselves as well, plus those pre-sales are going towards giving people the power and not just getting funding neither, you might get power over a very bad coin or you might actually have a power over a decent coin as well, I have seen governance becoming very very important for some of them.

So, basically speaking we are in a situation where we talk about something similar but not the same, it is a very different situation all together. This doesn't mean that we are getting fashion like cycles, it just means that we take old stuff and put new stuff on it and present it as a brand new thing to people.
legendary
Activity: 2086
Merit: 1058
i thought im going to see a btc on here because i notice that btc has its own trend or pattern like for example every  november the price are always rising  or in every other year there is a same price scheme btc are following and why treat them as a tech fashion and why not a fashion (clothing ), hairstyle , etc.  theres so many things do also have thier own trend . if gadgets was an example .old gadgets can go in a trend again . they can remake it and make it more portable , add features , etc . so as the crypto stuffs on here , they can do the same modification to gain attention
That is quite wrong, in 2018 the price dropped all the way to 6.5k dollar prices and in November it has fallen to 3k prices as well, all because of the war between BCH and BSV and because Craig sold a bunch of bitcoins he owned from being an early investor, he did it to gain a lot of hash power to take control of BCH which he failed anyway.

Long story short the price of bitcoin doesn't "always" go up ever November, if it was that simple everyone in the world would buy bitcoin on October and sell on December and do this 10 years in a row and you are the richest person in the world, why do we not do it? Because it is not guaranteed, sure there were more Novembers that was profitable than Novembers that wasn't profitable but "most likely" doesn't equal to always.

I personally think the long term is always profitable, as long as you hold it, eventually it will go over the price you bought it from, maybe in a minute maybe in a decade but it will happen.
sr. member
Activity: 1056
Merit: 270
Looks like IEO's are making a comeback from 2019. Just look at Binance Coin BNB & Exchange coins  Shocked

I thought 2021 will be the year of NFT's Huh


full member
Activity: 1750
Merit: 118
i thought im going to see a btc on here because i notice that btc has its own trend or pattern like for example every  november the price are always rising  or in every other year there is a same price scheme btc are following and why treat them as a tech fashion and why not a fashion (clothing ), hairstyle , etc.  theres so many things do also have thier own trend . if gadgets was an example .old gadgets can go in a trend again . they can remake it and make it more portable , add features , etc . so as the crypto stuffs on here , they can do the same modification to gain attention
legendary
Activity: 2100
Merit: 1058
These are normal things that we should expect to happen, it happens everywhere and it will also be the same with the cryptocurrency environment. Although it might seem like the first trends died off, they really didn’t die off; what really happens is that when new things come out they get hyped and the old ones makes way for them to trend for sometime and before you know it they will balance out. That ICOs are no longer trending doesn’t mean that they are dead, there are still so many ICOs, and there are still STO's and IEO's, and DeFi will also continue.

These are just like an advancement, we will be seeing different things, it’s up to developers to choose what would work best for their project.
sr. member
Activity: 1056
Merit: 270
Basically there is a connection between tech and fashion in the sense that they both have trends and they both get famous for a while and even though they leave and become unpopular for a while, sometimes they get back and be popular once again. Let's not forget that DEX is not something new, it didn't became a big news and attracted tens of billions of dollars because it is a brand new technology that was invented this year, DEX has existed for few years now, but it just got a lot bigger and more famous this year which is why we are talking about it.

If you do focus on what changes in crypto you will see it, but if you look at tech world and coding languages and frameworks and many other things, we see a lot of hypes and ups and downs in there as well, so we can definitely say it does have a lot of similarities with fashion world in that sense.

Interesting you think the trends that faded in the past can make a comeback again in the future like fashion. Reminds me of the 80s where ripped jeans was a trend back then and the trend has come back in 2020. Trend came back after 30 years which is like a long time  Shocked

Do you think crypto trends will make a come back but in a quicker time frame?

I thought in the tech world its impossible for a trend to come back because it is outdated, like for example cd player Walkmans will not come back for obvious reasons. Can the same be said with crypto?
hero member
Activity: 2534
Merit: 605
Basically there is a connection between tech and fashion in the sense that they both have trends and they both get famous for a while and even though they leave and become unpopular for a while, sometimes they get back and be popular once again. Let's not forget that DEX is not something new, it didn't became a big news and attracted tens of billions of dollars because it is a brand new technology that was invented this year, DEX has existed for few years now, but it just got a lot bigger and more famous this year which is why we are talking about it.

If you do focus on what changes in crypto you will see it, but if you look at tech world and coding languages and frameworks and many other things, we see a lot of hypes and ups and downs in there as well, so we can definitely say it does have a lot of similarities with fashion world in that sense.
sr. member
Activity: 2660
Merit: 339
For an old project in crypto market to come back during bull run will be depending on what kind of project it’s all about. Personally, I think the reason why most of the projects fade out after all these trend of a thing is because they are not reliable at first.

If you check all these projects and the stories behind that has to do with their team you will always be seeing stories that will show you that they are not fully dedicated to what they are doing, they are just there to rake in some money and they are out. So, if the team can dedicate their time and are serious about creating a business that will stand, then it will keep on growing and also experience bull runs when the time comes.
sr. member
Activity: 1056
Merit: 270
I think that anything new is overblown by individuals or organizations. Information diffusion and exchange rate manipulation are the main causes. ICOs still exist, and it's true to the value it brings. People have become wiser than before. It is the adaptation in the harsh crypto market. ICOs, IEOs, DEFI have all been overblown and scams. We need to acknowledge it is these trends that have helped to expand and nurture the crypto market.

I think the trend for 2021 will be NFT.
Right now NFTs are doing a great job of storing value. It is possible that next year, in addition to archiving NFT artworks, it will also represent real assets such as real estate, rare items in video games or represent anything human. can be carried on the blockchain.


Okay you reckon next year will be the trend of NFT tokens instead of CBDC's?

Do you know any good NFT Tokens on coinmarketcap?

NFT's are digital meaning they can be copied right into a million times so how is it rare?
full member
Activity: 826
Merit: 105
I think that anything new is overblown by individuals or organizations. Information diffusion and exchange rate manipulation are the main causes. ICOs still exist, and it's true to the value it brings. People have become wiser than before. It is the adaptation in the harsh crypto market. ICOs, IEOs, DEFI have all been overblown and scams. We need to acknowledge it is these trends that have helped to expand and nurture the crypto market.

I think the trend for 2021 will be NFT.
Right now NFTs are doing a great job of storing value. It is possible that next year, in addition to archiving NFT artworks, it will also represent real assets such as real estate, rare items in video games or represent anything human. can be carried on the blockchain.
sr. member
Activity: 1056
Merit: 270
Sort of like the fashion world of clothing, but not exactly the same because there are changes. In tech fashion things do not change that slowly, things actually change quite rapidly, in regular fashion world however things do change this slowly.

In tech world you can see something new every 2-3 months, we are slower than that, in fashion world they try to have a yearly change but usually humanity likes some and dislikes some and that means every 2 years or so there is a big change. Same with crypto, in 2017 it was ICO, in late 2018 and early 2019 it was IEO and now at late 2020 it is more like DeFi situation. I can wager that by late 2021 or maybe early 2022 there will be something huge once again, people will pick it up and try to get rich thanks to it without actually caring about it.

So you think 2021 will be the year of CBDC's?

If so then how do you profit from CBDC's apart from the CBDC version of Forex  Huh

The US is saying now they don't want to rush their CBDC digital dollar within this CBDC race were now having from rich nations. The US is saying it because they said they want to take their time with it instead of rushing it and releasing a CBDC that is buggy/possible exploits by hackers.

What I don't understand is when something is digital it can be patched later via downloadable updates like bitcoin core is. So why doesn't the US win this CBDC race and fix the bugs later with a update patch? Because if China wins the CBDC race then the $dollar will may lose its world reserve currency status leaving the US behind.

Whats your take on this?



Are retail investors able to buy Bitcoin with CBDC's or can governments/central banks put a algorithm in their centralised digital crypto currencies to automatically ban buying decentralised cryptos like Bitcoin?

[moderator's note: consecutive posts merged]
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
Sort of like the fashion world of clothing, but not exactly the same because there are changes. In tech fashion things do not change that slowly, things actually change quite rapidly, in regular fashion world however things do change this slowly.

In tech world you can see something new every 2-3 months, we are slower than that, in fashion world they try to have a yearly change but usually humanity likes some and dislikes some and that means every 2 years or so there is a big change. Same with crypto, in 2017 it was ICO, in late 2018 and early 2019 it was IEO and now at late 2020 it is more like DeFi situation. I can wager that by late 2021 or maybe early 2022 there will be something huge once again, people will pick it up and try to get rich thanks to it without actually caring about it.
legendary
Activity: 2044
Merit: 1115
★777Coin.com★ Fun BTC Casino!
What fundamentals does any crypto have? It’s just a stationary asset, doesn’t produce income, doesn’t generate cash flow on its own... when you’re talking about the fundamentals of a stock, you’re talking about cash flow or other metrics of performance to measure the stock price against the profitability of the underlying business. Crypto doesn’t have fundamentals because it doesn’t do anything.

The fundamentals of crypto is just how much it is used and if it has any useful properties, like privacy, and of course the most important property is how secure it is. You don't want to trust any big amounts of money for long term to some centralized and unregulated system. With those categories, you can easily compare cryptos and which ones are useful and which ones are shitcoins.

Ah ok, so you're talking about not financial fundamentals, which is what I thought by your post. Usually when people talk about the fundamentals of an asset or investment, they're talking about valuation metrics, which bitcoin doesn't have because it doesn't generate cash flow or profit. It's only worth what people are willing to pay for it, and has no inherent value in and of itself like stock does.
sr. member
Activity: 1056
Merit: 270
Lastly what you guys think what Crypto Trend will be popular for 2021 next year? Privacy coins?

2016 was privacy coins so yes, 2021 can repeat that. The big push of opaque ledger cryptocurrencies will come when people will start mass use cryptocurrencies and realise how much data they reveal on transparent ledger cryptocurrencies.

There's posts earlier in this thread stating next year 2021 will be the the year of CBDC's (Central Banks Digital Currencies). Like for example the Fed will create a digital crypto dollar, China central bank creating a digital crypto Yuan, Europe creating digital crypto euro and so on to become cashless societies.

The governments will use these selling points for their CBDC's:

- CBDC transactions can be reversed. For example if you bought something from a 3rd party seller on amazon and the seller doesn't deliver scamming you then you can get in touch with your bank and the bank can do a chargeback or reversal or if you accidentally sent CBDC to the wrong address that can be reversed by the bank's help. This cant be done with bitcoin. If bitcoin requires mass adoption it needs this feature otherwise btc will be just store of value like gold. But then again this feature only works on centralised networks not on decentralised networks like bitcoin.

- The central banks will obviously want to control their CBDC (centralised) so they will know every transaction you make and every paid subscription you have so no privacy. So will privacy coins hit the trend again to gain back privacy? Paper fiat cash in itself is like a privacy coin. I can possibly by a nuclear weapon off the black market that I can pay $millions in cash without the government knowing for example.

- Governments will say CBDC will stop money laundering, narcotics drug markets, cash in hand under the table, tax evasion etc.

- What will happen to stable coins like USDC and Tether once the official Digital Dollar comes out and gets released by the fed?

- What about Corporate coins like Facebook Libra? Will they be in official partnership with CBDC's or allow Libra to be exchanged in the new upcoming CBDC digital crypto forex markets?

- Trends are short term come and go. CBDC's will be with us for hundreds of years replacing the old financial system that ran on paper cash for the past hundred years or so. So how can CBDC's be classed as a trend or hype when it sounds permanent?

- Will CBDC's be a threat to the the whole decentralised crypto market as they will be easier to use by average joe public who will seem them as official and supported by retailers and Amazon with transaction reversal features so average joe has no fear of losing his CBDC?


Lastly the governments can freeze your central CBDC account like Paypal can because its centralised. Thats where bitcoin can be used as a backup but will it be accepted as payment along with CBDC, remember cash will be extinct by then. If bitcoin not accepted as payment and they only accept CBDC as official payment then how the hell you buy food to eat to survive?


Finally it seems data is really valuable. Everywhere you go online or offline nowadays theres companies and so many entities out there that are trying to gather and harvest much customer data as possible via survey, tracking cookies, adware etc. CBDC's will inherently gather your spending data so the government knows how many cans of coke you bought in a 7 day period at what times or so on that can be sold to corporations who will pay top dollar for this data.

I'm sensing that decentralised crypto like bitcoin & Eth and many more will be a threat to CBDC's. So I assume governments will use their mainstream media news channels to hype their CBDC's and tarnish the decentralised cryptos saying stupid things like your a terrorist if you use bitcoin. Their will be a huge campaign against decentralised cryptos.

Investors cant make money in CBDC's because they suppose to be stable right with no volatility unless they are traded in a digital crypto forex or something. Can this digital crypto forex markets of CBDC's kill off the decentralised crypto markets?
hero member
Activity: 2814
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Bitcoin is GOD
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?


It does not really matter what is the next trend you need to stay away from those fads and only invest in good long term projects, I know that many people get excited over those projects because they want to earn a lot of money in a short amount of time but as experience has showed us time and time again that is in fact the way to lose a lot of money relatively fast and never get it back.

This brings the question in what we can invest and that is without a doubt a very easy question to answer, only invest in solid projects that have been around the market for years and that are not scams, coins like bitcoin and ethereum are good investments and you can easily double your money without the risk those coins entail.

So you saying 2020, the year of the DeFi trend is a scam and Decentralised Finance coins have no future at all?

Decentralised Finance sounds wonderful that is taking back control from the centralised banks and governments worldwide which is good for the people. So how does this sound like a scam?
No, what I mean is that while without a doubt there are DeFi projects out there that deserve their valuation the majority of coins are just taking advantage of the hype and releasing projects that will not change the market or that are outright scams, just take a look at the news and it is not rare to find a new DeFi scam story almost every other day.

And the only ones that can tell the difference between good projects and the scams are those that are expert investors and how many of those we have? Very few I guess which is why the rest of the investors need to stick with coins with a long history in order to not lose their money.
legendary
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Well, they are basically all the same things but people are simply just putting money into different things.

Difference is in 2018 people didn't really put that much money into STO, and even in IEO it wasn't this much of a deal, it was in some places and few coins but the idea wasn't as hyped as this, it wasn't IEO that made people excited, it was binance listing a coin and that is always something to be hyped about, if binance declares that they will add any coin, that coin will go super high even before it hits binances list.

So, this DeFi thing is certainly bigger than all others, it is as big as ICO first days when it got billions in investment. In any case I am hoping that people would finally see that you could actually make money a lot better if you stay away from these hypes.
legendary
Activity: 3024
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What fundamentals does any crypto have? It’s just a stationary asset, doesn’t produce income, doesn’t generate cash flow on its own... when you’re talking about the fundamentals of a stock, you’re talking about cash flow or other metrics of performance to measure the stock price against the profitability of the underlying business. Crypto doesn’t have fundamentals because it doesn’t do anything.

The fundamentals of crypto is just how much it is used and if it has any useful properties, like privacy, and of course the most important property is how secure it is. You don't want to trust any big amounts of money for long term to some centralized and unregulated system. With those categories, you can easily compare cryptos and which ones are useful and which ones are shitcoins.
legendary
Activity: 2044
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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.

What fundamentals does any crypto have? It’s just a stationary asset, doesn’t produce income, doesn’t generate cash flow on its own... when you’re talking about the fundamentals of a stock, you’re talking about cash flow or other metrics of performance to measure the stock price against the profitability of the underlying business. Crypto doesn’t have fundamentals because it doesn’t do anything.
legendary
Activity: 2730
Merit: 1288
Lastly what you guys think what Crypto Trend will be popular for 2021 next year? Privacy coins?

2016 was privacy coins so yes, 2021 can repeat that. The big push of opaque ledger cryptocurrencies will come when people will start mass use cryptocurrencies and realise how much data they reveal on transparent ledger cryptocurrencies.
sr. member
Activity: 2366
Merit: 332

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.

ICO would have been the biggest and sustainable hype in cryptocurrency especially related to altcoins because of etheruem and bitcoin would have had some hype too, then we could have two strong hypes running side by side which would have made the market stronger. But with ICO scam, it made all the numerous hypes doubtful.

Now I think a sustainable hype could come from bitcoin, maybe on scalability or something out from bitcoin.
sr. member
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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?
I don’t think old trends will come back again specially that most investors had made a big loss in the past projects that are geared with unicorn promises. Also past trends are very unregulated even the present requires tough regulation.

Lastly what you guys think what Crypto Trend will be popular for 2021 next year? Privacy coins?
Will never know whats going to be next crypto trend next year but fundraisers are creative in when it comes to raising money and making money so trendy names is a big factor.
hero member
Activity: 2954
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I talked about this once, how new projects always comes out every year and people will jump on it and then they start hyping it and after they have hyped the price up, they will all sell and still go back to the first old projects that has been around for long.
We will still choose to invest in the proven project for long plan and much safer security but we can still take opportunity from the new once if we assure to ourselves that we will focus on understanding the new project and will 24/7 look at its performance to kno when to buy and sell, with these new projects that creating hype if we know we  can trade and earn profit then we can try as long as we will put limits in how much to buy and range of selling it once it got hyped. These projects are only for short term and should be focusly traded with.
sr. member
Activity: 2296
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I talked about this once, how new projects always comes out every year and people will jump on it and then they start hyping it and after they have hyped the price up, they will all sell and still go back to the first old projects that has been around for long.

If you want an investment that will always experience bull run then you should be investing in old coins and tokens like that Bitcoin, Ethereum, and the rest of them. As for these new assets you will usually find trending every year, when they get dumped only a few of them do survive it, the rest just crashes and never return to their top position. So, it’s always best to avoid these trends or go into it for the short term.
sr. member
Activity: 1914
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That’s how it happens in every market like this, there are always trends, even in other areas that are unrelated, just like fashion, there are usually trends almost every year and that’s the same thing we are seeing right now in cryptocurrency. Every year we get in I always see new trends pop out from nowhere, things that I don’t know about, they will just come out and start trending.

Now a lot of people are hyping the DeFi market, it wouldn’t be a surprise to me if they are already building something else that is different from this DeFi, and before you know it another thing will start trending and Investors will forget about DeFi that they once all saw as precious and move for a new trend.
legendary
Activity: 1778
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Degen in the Space
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?


It does not really matter what is the next trend you need to stay away from those fads and only invest in good long term projects, I know that many people get excited over those projects because they want to earn a lot of money in a short amount of time but as experience has showed us time and time again that is in fact the way to lose a lot of money relatively fast and never get it back.

This brings the question in what we can invest and that is without a doubt a very easy question to answer, only invest in solid projects that have been around the market for years and that are not scams, coins like bitcoin and ethereum are good investments and you can easily double your money without the risk those coins entail.
A lot of crypto platforms and trends are coming in the cryptocurrency community but only a few are legit and will not take your money. It's also true that only a few remain on the top because most of the altcoins are just shit coins. If i will invest in alternative cryptocurrency, i'll choose what's the most profitable and already have 100% assurance that you can double up your money without worrying on it.

Investing into new coins is like trusting with only few assurance because you still don't know what the devs are thinking or does the devs really exist? There are many factors to consider for investing into alt coin that's why I stopped spending money and time to new coins and only investing to those who survived until this year.
sr. member
Activity: 1056
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Okay so the next year 2021 trend wont be CBDC's as they are still in work in progress and too early for them to be released next year? Maybe they will be the trend for 2022/2023 right?

So what you guys think the tends for 2021 will be?

DeFi bubble now looks burst.
member
Activity: 1204
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That is what makes the crypto world interesting, every year there is always a new trend. Therefore if we want to get profit in crypto,
don't be left behind to invest in the latest trends. And in my opinion there is no way crypto trends will repeat itself, so ICO, IEO and STO
is not a good choice for investment. For now DeFi is still profitable, because it is the latest trend, at least until the end of this year DeFi is
still good for investment. And no one can predict the trends that will be popular in the future, no one will ever know what will happen in 2021.
What is certain is that every trend can make the price of Bitcoin pump, therefore collecting Bitcoin from now on is the thing to do.
It may look interesting but not really as investor's point of view because investors look for the long term profits mainly so they will skip those project to save their money but still it may give profits for the early adopters since it is already became a trend but one who arrives late and one who failed to cash out in the right time will be getting suffer from this trend outdated in quick sessions.
legendary
Activity: 1806
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Can Ripple XRP be classed as CBDC or do you think Central Banks worldwide will adopt XRP because its not decentralised and because XRP is established tried and tested you know what I mean plus XRP say they have bank partnerships.

Just because it's centralized doesn't make it a CBDC. A CBDC is intended to be pegged at 1:1 to a national currency, issued by the central bank. They want absolute control; there is no room for middlemen like Ripple Labs in the equation. Why bother with that, trusting Ripple, when they could create their own blockchain?

A central bank introducing its own CBDC needs to go through trials and testing 1st before getting its population to migrate to it right?

Sure, that's why European CBDCs aren't expected to be in circulation for another 3 years. China has been working on theirs since 2016.
sr. member
Activity: 1876
Merit: 318
That is what makes the crypto world interesting, every year there is always a new trend. Therefore if we want to get profit in crypto,
don't be left behind to invest in the latest trends. And in my opinion there is no way crypto trends will repeat itself, so ICO, IEO and STO
is not a good choice for investment. For now DeFi is still profitable, because it is the latest trend, at least until the end of this year DeFi is
still good for investment. And no one can predict the trends that will be popular in the future, no one will ever know what will happen in 2021.
What is certain is that every trend can make the price of Bitcoin pump, therefore collecting Bitcoin from now on is the thing to do.
sr. member
Activity: 1056
Merit: 270
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?


It does not really matter what is the next trend you need to stay away from those fads and only invest in good long term projects, I know that many people get excited over those projects because they want to earn a lot of money in a short amount of time but as experience has showed us time and time again that is in fact the way to lose a lot of money relatively fast and never get it back.

This brings the question in what we can invest and that is without a doubt a very easy question to answer, only invest in solid projects that have been around the market for years and that are not scams, coins like bitcoin and ethereum are good investments and you can easily double your money without the risk those coins entail.

So you saying 2020, the year of the DeFi trend is a scam and Decentralised Finance coins have no future at all?

Decentralised Finance sounds wonderful that is taking back control from the centralised banks and governments worldwide which is good for the people. So how does this sound like a scam?
legendary
Activity: 3122
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Can Ripple XRP be classed as CBDC or do you think Central Banks worldwide will adopt XRP because its not decentralised and because XRP is established tried and tested you know what I mean plus XRP say they have bank partnerships.

A central bank introducing its own CBDC needs to go through trials and testing 1st before getting its population to migrate to it right?

If central banks wanted to use Ripple they'd probably just fork it and improve it to their own liking, for better or worse.

Any entity that has motivation to use a centralized cryptocurrency over a decentralized one will try to establish a centralized currency of its own, as to remain in control.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
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?


It does not really matter what is the next trend you need to stay away from those fads and only invest in good long term projects, I know that many people get excited over those projects because they want to earn a lot of money in a short amount of time but as experience has showed us time and time again that is in fact the way to lose a lot of money relatively fast and never get it back.

This brings the question in what we can invest and that is without a doubt a very easy question to answer, only invest in solid projects that have been around the market for years and that are not scams, coins like bitcoin and ethereum are good investments and you can easily double your money without the risk those coins entail.
sr. member
Activity: 1056
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- 2017 = ICO's
- 2018 = STO's
- 2019 = IEO's
- 2020 = De-Fi

let me add a bunch more but i don't know the years so i just put them in correct order:
- (2010ish) copies of bitcoin that made meaningful changes: LTC, NMC,...
- poor copies of bitcoin and those initial projects that kept reusing the same ideas creating useless coins
- premine coins where they did the same as before but to make money they added premines
- shadowmine coins it is the same as before but instead of a transparent premine they used covert ways to premine the shitcoin
- ICO platforms which did the same exact thing as before but made coin creation cheap, fast and easy and they all have technically 100% premines since the produce the tokens out of thin air and dump it on idiots
- STO, IEO, ... are exactly the same as ICOs where they create a token out of thin air and dump it on idiots under a different name (disguise) so that they idiots don't realize it is the same scam as before.
- DeFi is also the same as all the above where they create something out of thin air, has no usage and has a lot of buzzwords in it but practically is doing the same thing!

- future? nothing is going to change. they keep creating useless coins that raise a lot of money for the creator and/or pumpers and rip off a lot of beginners. that coin also dies after a short time because of being useless.

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.
keep in mind that similar to smart contracts, the new concept of decentralized finance is very interesting but similar to ICOs, DeFi is a total nonsense and is using the buzzword to empy the newbies pockets.

Okay your saying PoW Proof of Work Coins like bitcoin are the only trustworthy coins and POS tokens are made out of thin air?



Most crypto investors are the young tik tok/insta/snapchat/facebook social media generation followers right? If so theres will always be a annual new trendy thing in crypto correct?





Can Ripple XRP be classed as CBDC or do you think Central Banks worldwide will adopt XRP because its not decentralised and because XRP is established tried and tested you know what I mean plus XRP say they have bank partnerships.

A central bank introducing its own CBDC needs to go through trials and testing 1st before getting its population to migrate to it right?

[moderator's note: consecutive posts merged]
legendary
Activity: 3024
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But can DeFi be scaled to offer those loans at what timescale were looking at?

It can't do that in a truly decentralized manner, because blockchain's benefit are inherently only limited to things that exist on blockchain. This is why you can use Bitcoin as a collateral, but not a car, because you can't put a car on a blockchain. Some would argue that you can make a token of a car, but without legal enforcement such token would be worthless. Similarly, you can't have a stable identity on blockchain, because all identity systems have some trusted verifiers.
sr. member
Activity: 1056
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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.

But can DeFi be scaled to offer those loans at what timescale were looking at?



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.

With Countries around the world going cashless societies and releasing their own digital fiat currencies then Privacy coins will be needed right to stop governments tracking you?

You mean someone famous or well known on social media with millions of followers releasing their coins?



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.

- 2017 = ICO's
- 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.

Okay you saying DeFi coins will get their own bull run and nothing else except bitcoin and Ether is like the lifeblood to DeFi?



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.

But CBDS'c are centralised owned by the governments and central bank/treasuries.

Lets say I make $1million in the digital blockchain dollar that will make cashless society in america. If the usa government dont like me they can freeze this digital asset with a click of a button like paypal limiting accounts.



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.

Like banning bitcoin right, but bitcoin still working when countries ban it. Same can be said with privacy coins?



I don't think that STO become popular though in 2018, and I wouldn't compare it to tech fashion, maybe it's just crypto continues to evolve in a sense and killed the previous hype. I doubt that privacy coin will be "IN" in 2021, it has a lot of shitstorm coming their way if they become popular, I mean you don't need to look beyond, many exchanges have been delisting privacy coins since 2018 so there's no way for it to become the hottest trend. I think DeFi will continue to dominate next year as well, and I'm sure it will have a massive growth as billions upon billions are going to flow.

So you think DeFi coins wont dump this year and will continue pumping to the moon and beyond next year?

[moderator's note: consecutive posts merged]
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
- 2017 = ICO's
- 2018 = STO's
- 2019 = IEO's
- 2020 = De-Fi

let me add a bunch more but i don't know the years so i just put them in correct order:
- (2010ish) copies of bitcoin that made meaningful changes: LTC, NMC,...
- poor copies of bitcoin and those initial projects that kept reusing the same ideas creating useless coins
- premine coins where they did the same as before but to make money they added premines
- shadowmine coins it is the same as before but instead of a transparent premine they used covert ways to premine the shitcoin
- ICO platforms which did the same exact thing as before but made coin creation cheap, fast and easy and they all have technically 100% premines since the produce the tokens out of thin air and dump it on idiots
- STO, IEO, ... are exactly the same as ICOs where they create a token out of thin air and dump it on idiots under a different name (disguise) so that they idiots don't realize it is the same scam as before.
- DeFi is also the same as all the above where they create something out of thin air, has no usage and has a lot of buzzwords in it but practically is doing the same thing!

- future? nothing is going to change. they keep creating useless coins that raise a lot of money for the creator and/or pumpers and rip off a lot of beginners. that coin also dies after a short time because of being useless.

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.
keep in mind that similar to smart contracts, the new concept of decentralized finance is very interesting but similar to ICOs, DeFi is a total nonsense and is using the buzzword to empy the newbies pockets.
legendary
Activity: 3122
Merit: 2178
Playgram - The Telegram Casino
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.

If you want to argue for tech trends outdating quickly you couldn't have picked a worse example than the Sony Walkman though Smiley It stuck around for decades and it took the arrival of mp3 players for it to be superseded for good -- portable CD players were shit for the most part and MiniDisc never fully caught on in the consumer sector.

Also vinyl has been having a resurgence for a couple of years now, so even in technology a cyclical nature is not completely unheard of.


Lastly what you guys think what Crypto Trend will be popular for 2021 next year? Privacy coins?

Bitcoin, as more and more people realize that the ICO / STO / IEO / DeFi market runs on hype over substance and trying to pick the winning alt coin flavor of the month is a losing battle.
hero member
Activity: 2660
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I don't think that STO become popular though in 2018, and I wouldn't compare it to tech fashion, maybe it's just crypto continues to evolve in a sense and killed the previous hype. I doubt that privacy coin will be "IN" in 2021, it has a lot of shitstorm coming their way if they become popular, I mean you don't need to look beyond, many exchanges have been delisting privacy coins since 2018 so there's no way for it to become the hottest trend. I think DeFi will continue to dominate next year as well, and I'm sure it will have a massive growth as billions upon billions are going to flow.
hero member
Activity: 3150
Merit: 937
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.
legendary
Activity: 1652
Merit: 1483
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.
hero member
Activity: 3080
Merit: 603
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.
hero member
Activity: 2856
Merit: 667
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.

- 2017 = ICO's
- 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.
hero member
Activity: 2114
Merit: 603
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.
legendary
Activity: 3024
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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.
sr. member
Activity: 1056
Merit: 270
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.

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 Huh

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?
legendary
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Top Crypto Casino
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.
member
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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.
sr. member
Activity: 1918
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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.
legendary
Activity: 3024
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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.
sr. member
Activity: 1056
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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?

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