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We just failed the price. Which is very important. The rest are somewhat a success.
Sheesh, relax. "Failed the price"?!? Bitcoin is still up something like 7000% over the past 2 years. Without the late 2013 bubble, we'd still be up an amount over 1yr that eclipses nearly any other asset class.
Sure, the price collapse periods suck, but this is a long-term battle, and the tech and ecosystem are stronger than ever.
As someone else who weathered the 2011 bear market, I'd expect you to have more appreciation for these considerations. In 2011, the question of whether bitcoin as an ecosystem could simply evaporate was material. But now, I think it's pretty clear that we're over that existential hump (barring unforeseen technical failure).
We no longer have to convince many tech-elite investors and entrepreneurs that bitcoin is a fascinating, enabling, and foundational new technology. They get it, and that mindshare hurdle is the big one. Traders can make the short and medium-term price gyrate however they like; this is a longterm transformational technology. It's not like a viral consumer website; that's the thinking that needs to change.
