The reason for that is the mood of the crowds that bought cryptocurrencies back in 2017

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The reason for that is the mood of the crowds that bought cryptocurrencies back in 2017. Majority buyers thought that cryptocurrencies would continue rising in price, and they could never crash. When the crash followed it took most buyers by surprise. Now you need to think if they’re likely to continue? Moreover, many ICOs that promised prominent future crashed together with the market and the coins that were sold never reached its speculative potential.


Hence, when considering the question above you must also take into account the mistrust among investors. Yet, among losers, we might see some huge winners, just like in the late 90s we saw the .com bubble. Back then tanzania business email list we saw an increase in value when a company added .com to its name, now we see a similar occurrence with "blockchain." Most .com projects turned to dust, but others succeeded massively, like Amazon or eBay for example.


So if you're feeling pessimistic reading this article, don't give up your hopes just yet. This technology does have a lot of potential! Imagine that many universities and countries see a bright future for cryptocurrencies, and they will continue to be integrating cryptocurrencies into the world of ordinary paper, coin and electronic money. I think that many innovative projects will be exposed to scepticism. And in a way, I understand why, but to me the solution is simple.