Quote from: kotajikikox on June 09, 2025, 06:25:15 PM

Quote from: cizanigh on June 09, 2025, 03:01:04 PM

So my question is:
Does crypto and blockchain technology really have a strong future if everything still depends on price action?
Can the tech grow and be adopted long-term even if the hype and price go down? Or is it all just tied to market cycles forever?

If crypto is in demand and its prices are rising, more people will be interested in developing it even further. New tech would also be developed even with the side purpose of making profit. It comes hand in hand. If crypto is no longer in demand and it’s not being used by anyone then why would anyone want to develop it beyond what it is now?

I guess for passion or hobby purposes only? There are truly people like that though that don't mind anything or the money. Then there are the same type of consumers that will still patronize their products.

If it grows, other types of people will just ride the hype and it can still become huge like what we had now. It will be like the profit becomes a bonus this time but that sounds better isn't it? If I picture out BTC, I think the same thing have occurred actually. Back in time, only those computer geeks are interested on it but it only got hyped and many ride the bandwagon. They are only amazed about what they witness when the price rises continuously.