Only recently there was no conversation possible without the subject of crypto coins, bitcoin, being discussed.
Is it just my feeling?
The office has been quiet for a few days now. Here and there there is sometimes a lost word about crypto coins, but generally speaking no longer the whole day.
My theory
I suspect that the news reports from the past weeks have a lot to do with this.
There are mainly negative messages in the world.
The Bitcoin has collapsed
The governments want to ban the crypto trade
People have gone bankrupt after they have invested all their assets in cryptocurrency
Just some of the kind of negative news from recent times.
People have taken their money out again
Because there was a downward trend across the entire exchange, many people chose eggs for their money and sold their coins again. They have withdrawn all their alt coins
Personally, I think that trading in these coins was not something for this kind of people.
So, although I think that Crypto and blockchain technology is still going on for a long time, it has apparently been a hype for many people that they are already stopping.
Yet I think that people should not only live in the here and now. Research a little more about what the future can give us with the blockchain technique
The blockchain will stay there for a while and everyone will have to deal with it sooner or later.
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Yes, same here. The hype is gone, because people realised it was taking over their focus in daily lives. So they hodl and only check their portfolio once a day (or less) or sold everything and stopped day trading.
Its realty
UMMM did not think it that way! you're right.
The people that truly care about cryptocurrency will still talk about it. As for Steemit, I'm kinda glad that we're seeing people talk about other things. A diverse network is good for this site. More blogging, more discussions, it's all good here.
You're probably right about the news coverage not helping, though...
other coins are not like Steem, frankly
You are right, it’s a bit more calm with the crypto talk. Just because the market is a bit calm also. Although in Belgium we had it on tv again last week. In a talkshow, nothing positive as usual. Nevermind we keep believing, hodling and Steemin!😄😉👍
While the hype off bringing the good news os over we keep on doing what needs to be done here on the platform and laugh along the way.
I hate talk off Our town!
I agree, for those types of people who just blindly react to everything crypto may not be for them. Although it is nice when they all flood in and buy the heck out of the market, hehe!
Wow amazing post 👍
The weak hands are being shaken out, and the market gets a healthy correction I think. So naturally the clueless people that are in it will leave at first sight of scares.