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The price of bitcoin is actually a pretty good metric to observe the Gartner hype cycle in action: from the rise, peak of inflated expectations, and slide into
by nikk1 8y ago
The price of bitcoin is actually a pretty good metric to observe the Gartner hype cycle in action: from the rise, peak of inflated expectations, and slide into the through of disillusionment. I predict that in 2019 or 2020 the price of bitcoin will slowly begin to come back up once we hit the slope of enlightenment.
- scj 8y agoThat assumes Bitcoin is the ideal expression of the near-term cryptocoin. Perhaps Bitcoin will be surpassed for technical reasons to become "The Yahoo! of crypto-currencies" one day. From a speculator's perspective, it'd probably be a riskier but more rewarding bet to make in the cryptocurrency space.