Quote from: Ziskinberg on December 30, 2022, 12:38:51 PM

Quote from: o48o on December 28, 2022, 10:18:17 PM

Quote from: Blawpaw on November 29, 2022, 08:10:18 PM

Cryptos have had many crazes all over the years. First, it was Bitcoin appearance.
right after that, there were the altcoins and soon after the ICOs, IPOs and all the O's thingy craze. Afterwards the PoS and stacking craze came to play and then smart contracts came around then the DAO Blow. Then the Cexes, the Dexes and right after that, we saw NFTs rise along with the metaverse. (I'm probably missing something). Now we just had the Merge.
Many of these phases have helped the crypto market achieve new highs and led the blockchain technology to go mainstream.
A lot of developments have been a part of the industry growth, so my question here is, what do you guys think will be the next craze in the industry?

NFTs are probably rising again bigger then ever, but next NEW thing could be zero knowledge smart contracts on layer 1. People always assume that because something is zero knowledge, it would be a privacy coin that's going to be wiped out because of regulators. But privacy coins can be build so that they comply with regulations. So i honestly think what Dusk is doing could change the whole game.

But you can't really know what kind of protocols are going to be adopted by the whales of crypto. No one rally knew when first NFT prototypes were launched how big it would get and how it would be implemented.

Whales will have a huge influence on the market and it is really hard to know what will gonna happen next year. But for me, it was not a big surprise seeing other scam projects, and other crypto issues. In fact, we are not even sure if one of the top exchanges will follow FTX someday.
We're not going to discourage newcomers to invest in crypto and use exchanges but at this time, we have to be more cautious in choosing a project to invest in. And most of all, never trust our funds and stay in the exchange's wallet for a long time. We should consider the FTX issue as a thing to ponder. NFTs are not a good choice either.

Predicting future trends is impossible.

As long as people find a way to get rich quickly, scam projects will continue to exist, scam projects will exist according to our greed, and they will disappear when our greed disappears. So I don't think scam projects will disappear in the future, it's almost impossible.

There is no doubt that crypto, including bitcoin, is a risky market, so you should be cautious when investing in any of them and stay within your budget. Do not trust absolutely anything, remember that the higher the return, the higher the risk.