Post
Topic
Board Speculation
Re: Where are we?
by
mrcash02
on 24/12/2016, 20:35:01 UTC


The current situation is starting to feel a lot like the big run up in nov/dec 2013. But where are we at right now?

Hmm, using this graphic picture as reference, I would say we are in the "Mania Phase", at the beginning of this phase or at the end of "Awareness Phase". BTC doesn't have media attention yet (only alternative medias on the internet), there isn't much public adoption (few people in the world use BTC yet), if things continue this way, many more people will have interest on the coin, making us reach to the "Enthusiasm" event. Considering this, Bitcoin has a prosperous future yet, we are just starting, in my opinon, we are safe for now.  Wink