Post
Topic
Board Altcoin Discussion
Re: Is Crypto/Blockchain hype over?
by
Youghoor
on 14/12/2019, 17:58:38 UTC
With ever-declining prices on the crypto market since 2018, there has been a decline in the number of ICOs and the emergence of new crypto projects within the mainstream world. 2017 was believed to be the golden year of crypto and Blockchain technology as people invested massively across the market. Crypto startups, companies, and businesses have been largely successful since then. Due to the hype, we've seen many projects come up with a Blockchain solution for nearly anything in life. But the truth is that Blockchain is not needed for absolutely everything.

It's today, and there seems to be a decline in crypto interest among people in the mainstream world. The number of crypto startups and companies have been reduced too. Does this mean that the crypto/Blockchain hype is finally over? Or is it still going on?

What are your thoughts? Huh

It happens on how you understand the main benefits of the use of blockchain technology. The decline in the prices of most cryptocurrencies has nothing to do with over hype or under hype of blockchain technology.  The entire world have not seen the true significance of blockchain technology. Majority of crypto projects or companies in the crypto space are just interested in profits rather than developing projects to solve actual problems. This is the main reason why there are decline in the market value of most crypto coins...