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December 19, 2017, 03:54:05 PM |
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The title might imply that I am bearish, though I want to stress this is NOT the case. I am very bullish on crypto, however I am also accepting the fact that we are in a bubble. This is not necessarily negative, I think all major innovations are going through bubbles in order to pick the winners at last, and I do NOT view crypto as the tulip mania, more like internet adoption.
The big question is: where are we in this bubble? Are we in the very beginning thus we can expect the market to go higher for a couple of more years, of course with some pull backs along the way. Or are we in the mature phase, or in the very end? Personally, I believe we are in the phase where major adoption is about to happen, and I see the market of 2018 is going to be wonderful. However, I am looking for other peoples opinions. What is your belief?
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