>he doesn't see the obvious signs

>we still haven't reached media attention

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>a massive market-wide hack on a tiny speculative currency that caused many to assume that Bitcoin was dead is comparable to a correction after a bullrun in a time when the cryptoasset market is growing exponentially, with many large companies investigating it as a potentially groundbreaking tech with widespread use cases
permabears keep trying to force this 2014 meme and it's completely illogical. Crypto isnt going to hit a new ATH tomorrow or this month but you're an idiot if you think this correction will last for 2 or 3 years

2011 was solely bitcoin. What did bitcoin have to offer that was new between 2011 and 2014? nothing
Lots of blockchain projects are coming to fruition during Q2 and Q3 of 2018. ICOs are an entirely new business model that are revolutionary and will give power 'back to the people'. The whole world economy is about to change because of this new technology.
To quote Jim Breyer (multi billion dollar venture capitalist) - 'It's unstoppable. We saw it with the early days of the internet'.
This is not just Bitcoin anymore, the decentralisation revolution is coming and it is coming fast.

Back then, altcoins where the 'new paradigm' as smart contracts and ICOs are today. Sure smart contracts are more significant - that's why the whole bubble is scaled up 10x, but accounting for that scale, the market will play out the same way.

I'm not a permabear - I just have the ability to recognize that the next ATH will not be what you call a "correction", it will be the peak of the next bubble. We were in a bubble. Bubbles are great for all of us - I'm not some kind of pessimist - but it's important to realize that you've been in one, and how much time passes between bubbles.

>Both of you
I'm not FUDing, just being realistic - Crypto ain't dead, BTC will reach 100K, all of us will have lambos on the moon, yada yada. But let's manage our expectations so we know how to accurately and smartly make investments for the next bubble.

It'll go sideways for another month then dump

Smart user. The ICO bubble may already be behind us, but the smart contract bubble has not even germinated.

how long do you reckon we have until the smart contract bubble takes off, and will it be in sync with a BTC bubble?
I could see smart contract stuff really taking off soon, but if it everything stays coupled to BTC it could be a lot further off

If BTC stays in power, see pic related - Mid to late 2019 until the start of the uptrend, and the next peak of 50-100K in like two years.
If ETH takes over because smart contracts gain mainstream attention and revolutionize everything (unlikely but I hope so) possibly just whenever that happens, which could be sooner, or could be later, delayed by the confusion caused by the flippening between BTC and ETH (or some other better smart contract tech).
Also it's noteworthy to point out that smart contracts are already slightly mainstream - it's just that they're only used for ICOs and fringe dApps these days, so whatever bubble follows from here will either be due to a revolutionary application of smart contracts beyond what we see today, or some new blockchain paradigm entirely will replace smart contracts that will escalate into another bubble.

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as I said before, I don't think it's valid to compare the 2014 Mt. Gox crash to today. if you look at a log chart, there are a number of bullruns with large corrections that lasted only a few months.
The majority of investors don't think that bitcoin is dead like they did in 2014. Look at our own conversation; we're already talking about BTC going to 100k. And as we all know, the crypto markets move much faster than other markets. I think we will see new ATHs in 2018.

Oh, another of those
>It could go up or it could go down
threads.

1.5year bear market on crypto after all the hype

lol kys dude

>he only looked at one picture from one post before spouting off his brainlet opinion
consider reading the rest of my post

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i hear the nips have basically lost all faith in BTC and they speak much doom in their moonrune tongue

very 2014 i m o

do you have some sources for that, or is that just anecdotal hearsay? The volume on leading asian exchanges hasn't decreased substantially, China holds a fuckload of blockchain patents, and korea has been releasing bullish crypto news lately

Go daily, it extends till July

cointelegraph.com/news/south-koreas-largest-multi-billion-dollar-conglomerates-enter-the-cryptocurrency-market

faggot

It's hype every time user, it's just not as fresh in your head so you discount it.
Literally this is what the meme charts are about - The same cycle repeats over and over, and people forget every time. "This time is different."
Yes, the particular reasons and the size of the hype are bigger, but that's what the bubble being bigger each time is a symptom of. When put in the same frame of reference, though, the same thing plays out each time.

Like I said, every bubble it's the same story. Different reasons, different scale, but same story.

Many eastern countries have resentment towards btc due to mt gox still but they don't hate crypto as a whole

stfu

Yeah another one of those. Except for the lower 90% of the thread, that is. The topic is fundamentals, not whatever your kind get up to (pic related).

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