It seems to be following a repeating pattern.
* Bitcoin builds infrastructure.
* People notice bitcoin isn't going away
* Media says Bitcoin will make everyone Gazillionairres
* Bitcoin skyrockets until infrastructure comes under strain.
* Something involved with bitcoin breaks
* Media(not neccisarrily the same media) says Bitcoin is all over, and everybody will lose their bitoin, their home, and their dog.
* Price drops.
* Bitcoin builds infrastructure.
* People notice bitcoin isn't going away
We seem be going into the build infrastructure phase. That's where genuine value actually gets added, and doesn't actually stop at the other times, It's just when the craziness is going on it's hard to see from the noise.
* Bitcoin builds infrastructure.
* People notice bitcoin isn't going away
* Media says Bitcoin will make everyone Gazillionairres
* Bitcoin skyrockets until infrastructure comes under strain.
* Something involved with bitcoin breaks
* Media(not neccisarrily the same media) says Bitcoin is all over, and everybody will lose their bitoin, their home, and their dog.
* Price drops.
* Bitcoin builds infrastructure.
* People notice bitcoin isn't going away
We seem be going into the build infrastructure phase. That's where genuine value actually gets added, and doesn't actually stop at the other times, It's just when the craziness is going on it's hard to see from the noise.