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wasabiaki

Too Much Hype destroys future of coins?

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Over value of commodities often less it's market values.

We all know that there is the presence of different sort of coins in cryptocurrencies, then it is advisable that we should all maintain a limited value for each coins so as to avoid hyping.

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the investors are in the wait for any currency and they are investing in such projects that means the too hype is not the destroyer of the coin it actually the promoter of it.

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The crypto world were supposed to have few crypto projects which are legit, but because there have too many projects, that's why crypto future is not that big.

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Hype is mainly done to attract investors and individuals to invest in a coin. If a coin is been over hyped and the technology behind the coin cannot meet up with the expectations given during the hype then the coin will gradually go low or even become a dead coin.

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Mostly of people are believing that crypto is scam because everyone are eligible to create his own crypto projects and start earning money through it without any restrictions.   

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I agree with you because I have seen coins that have started well in the market but due to too much hype, some people thought that these coins were a scam and so they abandoned the coins making them dead coins.

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It's wrong they can't do it because the dependence of increasing and decreasing the price of any currency is on us because any currency set on it's demand and supply if we 100 traders creating our own group on any platform in that group by selecting a good currency we all buy that one and after buying that currency we all send screenshots in the group and we all focus on currency that having very low price even we can buy 100 coins with one usdollars and we all buy that currency at same time and for 50 usdollars at that time the price of that currency will raise again and we all will surely earn good profit by this way. 

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Yes, in fact, these types of situations are known within the industry under the term of "smoke" or "generate smoke" which refers to raising the expectations of investors, promising things that they know they will not be able to deliver, which causes an increase in the price of shares or a currency, this is also known within the crypto world as "FOMO"

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On 10/14/2019 at 5:37 PM, wasabiaki said:

Hype sometimes help the coins , to attract investors , this is by the help of the managers and sales force , they make people crazy to have lots of parts of the ico or sale , but to much of this will also one of the reasons why it falls down, because if they will not reach the investors expectations they will left the project and lost support from the people, resulting to a deadcoin at the end

what do you think?

The airdrops and also the bounties is important in the crypto market becasue at the start no one can invest in the crypto market and they are not can make good money in this market if they join the airdrops and bounties they make good money through this after that they start to invest in this market.


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Hyping a coin that have a great project is good actually but if it turns out that the hyping is to much the coins will lose value brcause many investor will try by all means to make investment in it and waited for while to see the positive results and if nothing good comes out of it they will all sell and make it to lose value in the market.

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On 1/15/2021 at 10:50 PM, Jacob Blomstrom said:

At the moment, adoption is the most vital need of cryptocurrency and any project which can help to accelerate this process, will have a higher chance of getting into focus and receiving a large amount of support and investment from investors. Some project managers make a big mistake by introducing a project and leave it alone. A project needs to be managed after public announcement.

Sure for every created project is needed to be supported by the founder of that project and his team, but till today people are being amazed when they see bitcoin is survive without support of its creator.


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There is not much difference between hype and advertisement. Even too much advertising also brings lot of expectations than what turns out at the end. But smart investors can see through those advertisements and hype and make the right decision.

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I think that after all, the big PR of the cryptocurrency is slowly destroying the big prices, but also, many people are pouring into it, and this contributes to the huge development of the blockchain system, which is very cool! Well, it all has a lot of pros and cons, and definitely something like this, just not; c

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I don't like hype at all in crypto because it creates pump and dumps and makes people who believed in these cryptocurrencies lose a lot of money. Hype creates a series of bubbles and a long line of bag holders that have lost at least half of their money into the project.

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The hype is a great help to attract investors, but what it cannot help is to support the base, this is because if a cryptocurrency is not well developed and does not have good bases for the future, these investors change to another asset that does have good development, for this the ICO must create a good structure to keep investors happy until this project increases its volume and capital simultaneously.

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On 10/14/2019 at 3:37 PM, wasabiaki said:

Hype sometimes help the coins , to attract investors , this is by the help of the managers and sales force , they make people crazy to have lots of parts of the ico or sale , but to much of this will also one of the reasons why it falls down, because if they will not reach the investors expectations they will left the project and lost support from the people, resulting to a deadcoin at the end

what do you think?

That is why they must be prepared for everything and they must have enough capital to fulfill their promises and also invested of depending directly from investors they must have their own big inventiveness and back

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I think that if more investors enter after a cryptocurrency pumping, I think that it may continue to rise, so I do not see this wrong, on the contrary, I think that if this happens more frequently it is more convenient to buy that cryptocurrency to earn even more.

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you are right my friend when there is some new coin and there is a lot of community talking about the queen and the price of a coin is increasing there is some time when there is not even a single person talking about it and that is when in the coin loses its future

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Yes, my friend, you are right, the noise and the many rumors on some currencies lead to the end of the cryptocurrency and make it worthless so we do not have to formulate such shouts. 

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Yes, a lot of noise destroys many currencies because people will stop supporting and investing in them, and this is for their stable good status, and this is not good in this area, so the currency may end and the reason is a failure in its management by the one who created it.

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Yes that is absolutely correct, we have seen times where people talk so much about a particular cryptocurrecy the moment it's launched, and within a small period of time, it fails to meet up with the expectations.

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You are absolutely right, and this idea does not only apply to digital currencies, but also to various new services and products that their owners want to promote quickly without concern for their true value and whether their promotion matches reality or not. As for me, I do not prefer to rely on that in my exchanges Logical analyzes will take the largest percentage when making a decision.

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Yes you said absolutely right this is the era of technology and in the future cryptocurrency and cryptography will increase their reputation in the market and in the future everyone want to adopt the digital money rather than the physical money

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Certainly, you are right, when they promote a currency, its popularity will increase, and therefore we as members will trust the project more, because it was made on the basis of trusted members and a good plan to announce the promotion, but if the currency does not reach the expectations of the investors, it will actually be lost.

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It is not the same some of the times the too much hype makes the coin perfect and more useful and  a lot of the people make investments just because of the hype.

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