Hello Steemit Community!
We all know crypto needs mainstream adoption, right now only a small % of the world heard about it, some use it and/or trade it and tiny % actually work every day to develop this amazing technology.
These last months the market lost a lot of "value", after a big bull run where every single coin/ICO will pump to ridiculous prices and everyone started dreaming with Lambo's.
I say "value" because the majority of people define price and market cap as the value of the space and that definition is not true and this big retrace is a big wake up call.
How can a project raise millions of dollars with only a whitepaper?
Don't get me wrong, the price is also a good thing and brings a lot of people but the majority leaves after losing money, the smart people will understand the potential of blockchain and will stay and help. I can speak for myself and others... I entered the market as an investor because I wanted to make money but the last 6 months I realize the money is the decoy of the big picture, this revolutionary technology will change the world and we can be part of.
This bear market is a good time to build, help and start filtering people and projects that are in only for the money and they don't really care about disruption.
We are still very early
Some very good adoption news these last days:
Yahoo Finance Integrates Bitcoin, Ethereum and Litecoin Trading
Yahoo is not as popular as a few years ago but a lot of people still use it every day and will get to know what cryptocurrency is.
Bitcoin Accepted [Everyw]here: Square Wins Patent for Cryptocurrency Payment Network
Square has a CEO that loves Bitcoin, 2 millions registered merchants and now a patent for a cryptocurrency payment network... I don't need to say anything else :)
I hope you are still here if you are taking a big loss in your investment but remember crypto is here to stay and we are just getting started, join the revolution and start building!
Follow me on Twitter @johnycrypto
If you like this post or have something to say or ask, please upvote, follow and comment :D
To the question in your title, my Magic 8-Ball says:
Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit