Check out what has transpired over the last 12 months: Massive rise, massive Goxxing, banned /unbanned / banned in China, NYDFS regs proposal, the rise of shorting, Moolah / Mintpal debacle, Russia 'ban', Australia possible 2x GST, Satoshi (Dorian & email hack), continued FUD, attacked in media, Professor Bitcorn, Schiff/Buffet et al 'Ponzi scheme', PayPal, dumps on good news.
2014 has been the year bitcoin stood up. It has been attacked from all sides, knocked from pillar to post and told 'Welcome to the Big League, son'.
But it still stands.
And slowly the narrative is changing.
We've seen the labels: drug dealing, money laundering, ponzi scheme, pyramid scheme, magic internets money. Now we've moved on to the point that says "Yeah this blockchain certainly is something. God darn great innovation. Lets just get rid of the 'meh' currency and keep this blockchain thing".
Next will be the step where entire industries jump on board. I'd say it is about a year off.
Well said. Although the point in bold is something that I don't agree with. There needs to be much more development before that happens. There needs to the block size issue dealt with and some seriously good apps for people, businesses, your grandma, to use. And those will take time