Blockchain / Cryptocurrency is far from dead

[Thymoty]

Yes of course cryptocurrency is far from dead. Such as from the significant drop in prices of many cryptocurrencies at the start of this year, however, this has not discouraged global crypto enthusiasts. On the other hand, crypto enthusiasts are optimistic that cryptocurrency will prosper in the future.

[MrSpasybo]

Every wave will come to a point of decline, and of course DeFi is no exception, especially when there are so many new projects launched in a hurry and there are many shortcomings in smart contracts. However, the DeFi bubble cannot cause the entire crypto market to collapse, because there are many really good projects that have been around for many years. I think that if DeFi projects follow the safe scenario of lowering interest rates and becoming a lending platform, the crypto market will not be negatively affected. We went through the tough times 2018-2019, there's no reason why we won't continue to exist

[bigcash2011]

 I do not know how you can even think of such a title.
Blockchain and crypto is on the rise to be honest, there are dozens and dozens of quality projects being developed. Community support is on the rise, adoption is round the corner as people have not started trusting this tech. Big names m, institutes and even most of the governments that were thought to be anti crypto are also becoming pro crypto and launching their official coins as well.
So things are just gearing up for crypto and personally i can sense some big moves in coming months by crypto market.

[highnayem34]

This may not be genuine. The appropriation of crypto is still at ealfy organize. Increasingly individuals are coming in to contribute in crypto.

[Altcoin1998$]

Reserved reply soon

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[masterrex]

The crypto industry and blockchain technology were both young, it was just 10 years old (a decade old )and if we base the development today we can observe that it has no sign of slowing down, thats why the development will continue further and the blockchain technology will be more advance(capable) in the years to come and it has no reason to stop the momentum of the cryptocurrency industry thats what I believe.

[aiviaa485]

I don't think cryptocurrency is going to die anytime soon because cryptocurrency has a standard system since it was first created.
Cryptocurrency was created for everyone who is involved in perr to peer transactions and this transaction system no one has, including PayPal and Visa, it is not peer to peer.

As far as I know this system has the advantage in terms of major transactions for the security of the owner.

[wawan96]

Today many Defi projects are destroyed because prices suddenly fall so drastically and harm some investors who have bought Coin-coin Defi The high precious I see the most famous YFI coin prices now fall so in making investors get a lot of losses the possibility of investors nowadays it doesn't really believe in Project DEFI.

[LaZim]

If you take the cryptocurrency as a whole, it's ridiculous. This market is still too young. I agree that there are many projects that have failed in the market, but this does not mean that the entire market is failing.

[Jaephoenix]

Of course not. It is far from dead. Cryptocurrency and blockchain are twins that are headed for the top of the world, and is on course to take the world by storm. Mainstream adoption is increasing day by day

[Bobcrypto]

I have been hearing rumor that crypto is on it's way to death because couple of investors lost their money chasing DeFi bubbles. Many of these folks FOMO into a coin when they see 1000% increased in price which lead to losing once retracement starts or shall I say dump right to the very bottom.

Amidst all the loss, many investors have had a good year actually as they were lucky enough to have invested right at the bottom due to early research or just hunch.

Blockchain is here to stay and it's far from dead. Companies like UNISWAP, PAYPAL, etc has increased cryptocurrencies' mass adoption by attracting more investors into the space. Governments are also actively working on CBDC.

Though many poor and scam project will fade away and we will be left with genuine projects which will be part of our lives for a very long time. What's your take on this? Your opinion will be much appreciates.

You have well spoken, cryptocurrency is has overcome it's numerous challenges, like "BITCOIN IS A BUBBLE READY TO BURST",  BITCOIN IS A PONSI  scheme, " Bitcoin  is a scam etc.
This situation may continue this way but remain Bitcoin is here to stay. Bitcoin can not die as long there is interest and users globally.

[Arendra]

By looking at the rapid development at this time. Indeed, I feel that this blockchain system will be difficult to die. More and more people joined and it became more and more known.

[ranaprime]

Crypto lovers will not believe that blockchain and crypto will dead. It is unbelievable. As we know that so far, both blockchain and also crypto are the means of media, they are trusted enough for business and others. Now, it is all about the technology where we can't deny the development. furthermore we can say it is profitable and worthy.

[Nostoman]

Uniswap, paypal is attracting lots of investors. But I think these are not issues in cryptocurrency. Because blockchain will remain as technology. Because blockchain is advanced technology. Some days DeFi came to reign in the market. But if you look at the current DeFi space, you will see that the prices are just going down. Cryptocurrency is used by people all over the world. So there is no reason for cryptocurrency to destroy this huge community.

[LaZim]

Of course not. It is far from dead. Cryptocurrency and blockchain are twins that are headed for the top of the world, and is on course to take the world by storm. Mainstream adoption is increasing day by day

Some people came to the market for the first time. They did not trade stocks or Fiat currencies. They have no idea how markets work. Some people think that the asset should constantly grow, although the markets have their own cycles. And when the market is in decline, people think that it is dying. This is a false feeling.