Post
Topic
Board Altcoin Discussion
Re: Is the crypto hype over?
by
RbiggerG
on 08/08/2021, 22:25:49 UTC
Just one more hit on ATH price and the HYPE will be back but who knows this breakout will be fake or no. The mass demand is still under question, so waiting for the sentimental indicator results will show us how much of the total invested money flow came from the smart or dumb side. Dumb money flow will be a loss in the long run, so the market will show us a clear direction soon.

I think so too and also it would be nice to know a number how many % of people own cryptocurrencies by now. I think one day almost everyone will hold some even if it is not a substantial amount, but just because it might be more practical for a couple of things in life. So once Bitcoin scaled and is very easy and fast to use, everyone is going to buy it for practical reasons. By now I think we are still in a pretty low % range of people worldwide holding crypto.