Bitcoin Forum

Economy => Speculation => Topic started by: David Latapie on January 13, 2015, 04:46:55 AM



Title: Don't invest in Bitcoin until August 2015 (at least)
Post by: David Latapie on January 13, 2015, 04:46:55 AM
This is my conclusion after reading this (Gartner's Hype Cycle of Emerging Technologies 2014 (http://www.gartner.com/newsroom/id/2819918) - next one is due in August 2015, full report is priced 1,999 USD)

https://i.imgur.com/7dfyLIK.jpg

I usually read it every year. I did not this year, my mistake.

Wait at least until August (next Gartner Hype Cycle of emerging technologies). And considering the place cryptocurrencies in the 5-10 years segment to maturity, I think we have one-two years before it becomes profitable.

That being said, you shall research and prepare on crypto. Just don't expect it to be profitable. In the meantime, you have ample opportunities to become an expert who could sell his proficiency to companies once crypto become mature enough.
.


Title: Re: Don't invest in Bitcoin until August 2015 (at least)
Post by: cbeast on January 13, 2015, 05:03:48 AM
Invest/don't invest because chart. Seems legit.


Title: Re: Don't invest in Bitcoin until August 2015 (at least)
Post by: Melbustus on January 13, 2015, 05:15:44 AM
Where it says:
"Cryptocurrencies"

it should say:
"Unexamined hype surrounding the amorphous notion of 'blockchain tech' promulgated by entrepreneurs and investors who do not fundamentally understand the set of problems that are most effectively solved by decentralized blockchains."


That's different than Bitcoin, but alas, people conflate.


Title: Re: Don't invest in Bitcoin until August 2015 (at least)
Post by: David Latapie on January 13, 2015, 02:53:05 PM
That's different than Bitcoin, but alas, people conflate.
Hype is about perception, not accuracy. So it fits well. Hype around "cryptocurrencies".

What I expect to see at plateau of productivity: http://unenumerated.blogspot.fr/2014/12/the-dawn-of-trustworthy-computing.html


Title: Re: Don't invest in Bitcoin until August 2015 (at least)
Post by: statdude on January 13, 2015, 06:28:17 PM
David,
Where'd you get this chart?


Title: Re: Don't invest in Bitcoin until August 2015 (at least)
Post by: mlferro on January 13, 2015, 07:17:39 PM
David,
Where'd you get this chart?
I am also interested to know where you got the chart. Very interesting, I want to read more about.
thank you!


Title: Re: Don't invest in Bitcoin until August 2015 (at least)
Post by: pedal on January 13, 2015, 08:14:14 PM
Gartner Hype Cycle of emerging technologies

http://www.gartner.com/newsroom/id/2819918 (http://www.gartner.com/newsroom/id/2819918)


Title: Re: Don't invest in Bitcoin until August 2015 (at least)
Post by: pitham1 on January 14, 2015, 12:48:15 AM
We are just crossing the peak right now?
That feels horrible.  :'(


Title: Re: Don't invest in Bitcoin until August 2015 (at least)
Post by: ramkumar on January 14, 2015, 05:59:24 AM
thanks for the chart.

i will not get into the game until see some up trend in anytime.