Not much has changed. But while past performance is no guarantee of future success, it'd be remiss not to entertain the thought of bitcoin eventually going on another run. Hundreds of millions of dollars have been invested into the future ecosystem. It may be an oft mentioned meme but when the fruits of this injection come to bear we should be seeing another bull run.
If you ask me, the "infrastructure" bulls keep mentioning doesn't sound like a guarantee at all.
I mean, what is this infrastructure anyway? A whole bunch of merchants accepting USD from a payment processor through a bitcoin dump that has the only result to generate more selling pressure out of pure self-promotion?
A bunch of ATMs around the globe
with 10% fee among scams or scandals like Robocoin?
ETFs that are taking forever to come out?
Second market investment trust fund that has investors that can't liquidate holding stuck with their bags watching the price go down?
"Regulated exchanges" nobody uses like coinbase with "to the moon" slogans and countdowns that generate pump&dumps like we lately saw?
Bad VC money invested in bitcoin companies that can go puff tomorrow like Neo&Bee and countless others?
Mining companies going bankrupt?
I don't know about all that "infrastructure".