1. Cryptocurrency markets have already gone through a major correction with Bitcoin down almost 80% from its all time high and other major altcoins down more than 90% from their all time high.
2. Many retail investors looking for quick profits have already left the market and only true believers of the blockchain technology are still around.
3. The whole ICO craze is completely gone and smart money is flowing into the markets.
4. Many altcoins/shitcoins have lost as much as 95-99% of value from their all time high and investors have started focusing more on the fundamentals and the token utility to identify the winners for the long run.
5. Major cryptocurrency exchanges such as Coinbase, Binance and Huobi are expanding their operations even in this bear market and continue to operate as profitable businesses.
6. Top crptocurrency projects such as Brave browser and Steemit have added more than a million users to their platform already and continue to attract new users everyday.
7. The infrastructure for institutional investors is being laid down, Coinbase is currently offering its custodial services, ICE's Bakkt is set to launch in January,2019 and Six Swiss Exchange (fourth largest stock exchange in Europe) is launching its first multi-crypto exchange traded product (ETP) next week.
8. Many family businesses and VC's have started entering the space such as Rockefeller family’s venture-capital arm, Goldman Sachs, George Soros, JPMorgan and CitiGroup.
9. People like Alexis Ohanian (Reddit co-founder), Richard Branson (Virgin Group founder), Jack Dorsey (CEO of Twitter and Square), John McAfee (McAfee Associates founder) and Steve Wozniak (Apple co-founder) are firm believers of blockchain technology.
10. Top blockchain patents are being filed by companies such as Alibaba, IBM, MasterCard, Bank of America, Tencent and Accenture which shows the growing interest in the blockchain technology.
