crypto and eternal september

[European Central Bank]

for those not in the know - https://en.wikipedia.org/wiki/Eternal_September

https://www.reddit.com/r/OutOfTheLoop/comments/2tmvl9/what_is_eternal_september/co0fugv/

"Once upon time, back when the heaven was new, the only new people coming to the Internet and making nuisance of themselves due to their incompetence were the university freshmen. Every September there would be lots of idiots around, but by the end of the month everything was normal again when the new students learnt to behave themselves.
Then AOL offered Internet access to everyone.
That particular September never ended."


is it conceivable that there comes a point where steady and increasing adoption and interest outweighs, or at least hugely dampens, the traditional boom and bust cycle for an extended period?

obviously crypto is a financial instrument and subject to the same human psychology as everything else, but it's also an idea and still an unfamiliar one to most. because of this its establishment may not behave in the way everyone's expecting. there might be wave after wave of interest rather than peaks and lulls.

what do you think? i don't think it's anywhere near that right now, but the day may come.

[Rahar02]

obviously crypto is a financial instrument and subject to the same human psychology as everything else, but it's also an idea and still an unfamiliar one to most. because of this its establishment may not behave in the way everyone's expecting. there might be wave after wave of interest rather than peaks and lulls.

what do you think? i don't think it's anywhere near that right now, but the day may come.

In other words, you want to say that bitcoin price will be fall down again in November? As there are a lot of waves that hit bitcoin.
On November, 2Mb hard fork will be another problem and speculation will pop up like bubbles which affect bitcoin price.
It can be happen or it won't be, only time will reveal the future but for now, let's enjoy this bitcoin rally. If you afraid what will happen in November, feel free to sell some amount that you want to, but not all of it obviously.

[azguard]

obviously crypto is a financial instrument and subject to the same human psychology as everything else, but it's also an idea and still an unfamiliar one to most. because of this its establishment may not behave in the way everyone's expecting. there might be wave after wave of interest rather than peaks and lulls.

Like mentioned you expect fall in price. Hardly. We finally put bitcoin on right track and hope that price will continue to rise like it was in may this year. Dont expect anything big to see in November only like when we experience splitting price to drop a little then rise continues to go. We will see that this year is best possible one for future of bitcoin and just that but all cryptos.
Many waited so long to see this and on top of that dont expect to see any changes, on the contrary I expect to see bitcoin go beyond any border we have in out mind.