I don't think the lack of enthusiasm is the reason for the current crypto downtrend. The enthusiasm is always there and I think it's still growing. I can show you some examples to prove this:
- Bitcoin and crypto news are all over the mainstream media all the time. Every time Bitcoin made major price action, it'll be covered by the media.
- ICOs are still popping up with no signs of stopping despite SEC rules, etc
- Great development happening with LN Bitcoin!
- Number Bitcointalk visitors doesn't dropping much
You shouldn't compare the price with ATH. The ATH is simple a craze, FOMO fueled by institution picking up Bitcoin. Compare the price today vs a year ago. BTC was trading at $1,xxx in June last year. It was still a 3-4x return. Great, right?
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yes I agree with you, especially this sentence
- Number Bitcointalk visitors doesn't dropping much
LOL
and the most astonishing thing is that if crypto really starts to be worthless, why does the incidence of asset theft occur more often? isn't the thief only going to great lengths for valuable things?