Good points! But let’s say the total market cap goes over $10 trillion by the end of 2018 (which I think will likely happen) would you still look back to this point in time where it is currently around $500 billion and call it a bubble?
Would you look back a year ago when it was at $17 billion total market cap and call it a bubble then?
Just look at the mass adoption taking place.... ie #1 app downloads, 350k people signing up for binance in less than 2 hours, hundreds of new ICO’s popping up, etc.... everything is moving so fast, I never thought this type of adoption would come so quick! But with that being said, STILL LESS THAN 1% adoption!!!! Their will be so much more money flooding in this year, I think beyond what we can imagine! And the tech as well as the tech adoption is all moving much quicker than I thought it ever would. This is where ripple and their CEO are playing a vital role in help the mass adoption along. He does a good job representing crypto to the masses and works very hard. It make it more palitable for the older generations to receive the concept of crypto.
Yes, lots of set backs for sure! But I just look at them as setbacks, not bubbles.... From my view, the term bubble has such a negative connotation....