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Board Trading Discussion
Re: Bitcoin, Altcoins, DeFi and what's next?
by
boyptc
on 19/11/2020, 03:49:47 UTC
Quote from: durilup on November 18, 2020, 05:28:41 PM
Quote from: boyptc on November 18, 2020, 04:14:41 PM
IMO, the next trend will be the same as the cycle before.

What if ICO will come back in life and PayPal will start it out? Citibank is also showing the sign of its interest or they have already had an entry to it and they'll start the same hype as before?

Just my thought too.  Cheesy

PayPal was hiring blockchain developers back in 2017 . I am more than sure they already developed a project for 2021 year also if I am not wrong people from US can buy crypto through PayPal . About ICO I am not sure if there will be still a hype for this since DeFi replaced it
I was thinking that the action they've made is for the feature that they've just announced lately. But there is a possibility that they are silently developing another thing and it could be more than that.

Quote from: J1mb0 on November 18, 2020, 07:49:04 PM
It is difficult for ICOs to get back to the way they were in 2017, investors are tired of the promises of ICOs and they don't want to invest in new ICO projects.
I don't know what the next crypto market trend is, but I will continue to invest in the top altcoins in today's market.
Well, if you PayPal's name on it. Investors will bite it.

Quote from: tranthidung on Today at 01:03:23 AM
Quote from: boyptc on November 18, 2020, 04:14:41 PM
IMO, the next trend will be the same as the cycle before.

What if ICO will come back in life and PayPal will start it out? Citibank is also showing the sign of its interest or they have already had an entry to it and they'll start the same hype as before?
My thought is it depends on the trend of the market: bull or bear. Big positive news always boosts the market up but its effects often are bigger in bull trend and smaller in bear trend. The same goes for negative news.

Companies come and go and news are from them and their future development plan, more products for bitcoin/ crypto are only reasons whales use to boost the market and retailers wait for such news to FOMO.
You're right, the trend is bullish this time and more projects could come in and they might create something new which will cause another FOMO for most investors just like those ICO days. It could be or couldn't be the same as the ICO but it will create another hype.