The issue is that it will take years to develop the blockchain projects into real value creating systems. The speculators don’t have that kind of patients. Eventually they will pull out, which will start the panic selling. The long term holder will be rewarded because eventually some of those blockchain projects will gain traction and have real world impacts. Then the next bubble inflates… The trick is to figure out which blockchains will burn out and which will make it long term. (I say the next bubble because the average person hasn’t bought into crypto yet. After they do we can move past these market wide bubbles. I think this is the 6th crypto bubble we are on right now)
RE: Has Bitcoin become a shitcoin?