Quote from: MingLee on May 27, 2017, 02:45:51 AM

Quote from: Wind_FURY on May 27, 2017, 02:41:56 AM

Quote from: RoommateAgreement on May 26, 2017, 02:58:05 AM

Quote from: Wind_FURY on May 26, 2017, 02:14:51 AM

Quote from: RoommateAgreement on May 25, 2017, 02:58:22 AM

when i said the mainstream adoption in Japan is real nobody believed me. now every day we hear about either a new business that started with bitcoin or an old business that integrated bitcoin in their system.

the Japanese effect is a 10 times bigger that the biggest we imagined it. because not only they have causes a lot of adoption within their own country, they also caused a new movement in the whole world.

I still do not believe you. True "mainstream adoption" will not come in a year and it is not coming right now. If it really is then try to get more data about it and do an analysis. Some of these "integration" are not yet proven to be there for a year or 5 years. Most of them are only joining the bandwagon.

well it is starting, it may not have happened on a big scale like we all want, but it surely has started. and checking the news and also seeing all the websites of these businesses it can be seen that they have either implemented bitcoin payment in their system already or they are doing it and will be finished in a couple of days.

you are right that it is a process that will take time, but with the sudden changes everything has become much faster.

If Bitcoin's "mainstream adoption" really is happening slower than everyone thought then the fast price increase cannot be justified by fundamental reasons. The increase is just like any other altcoin's rise. It is a speculative pump.

It's been like this for a really long time though, it's not like it was supposed to surprise anyone that we were experiencing a speculative pump and life wasn't all going to be easy and bull markets permanently. There are a lot of things that were hinting at it being a bubble, and the past day has just proved that it is. Now we just wait for everything to correct and see what can be done with the market.

This is why I think it is better if we do what countries do when measuring if there was growth, instead of just looking at the previous month, they look at the size of their economy one year before in that very same day, that way they can determine if there was real growth, since it was very obvious that this huge increase in price could be nothing more than a bubble.